#Social classes

'Hope' for higher incomes is not working... Real hourly earnings plounged 0.6% in August - not exactly what Americans were 'hoping' for.   Especially as the costs of shelter jumped most since 2005!! Probably transitory!

Via Charles Hugh-Smith of OfTwoMinds blog, Virtue-signaling doesn't signal virtue--it signals decline and collapse. There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of course

This is How States Will Take Your Pension All emphasis ours written by Soren K and MarketSlant  with contributions by Vince Lanci of Echobay.com Are you watching closely CT, IL, NJ etc? The table is now set for you to have your pension violated for the greater good. Are you paying attention?

Submitted by Charles Hugh-Smith via PeakProsperity.com, In the modern era, the phrase Class War is rooted in the socialist/Marxist concept that the conflict between labor (the working class) and capital (owners of capital) is not just inevitable - it’s the fulcrum of history.  In this view, this

Submitted by Charles Hugh-Smith via OfTwoMinds blog, Combine identity politics with political correctness, and the New Nobility/Oligarchy can laugh their way to the bank while their pawn-serfs fight over how many politically correct angels can dance on the head of a pin. I have long held that