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2013/08/31

A Top 10 List “Progressives” Will Hate

The Sovereign Investor

A Top 10 List
"Progressives" Will Hate

Dear Sovereign Investor,

I love arguing with so-called "Progressives," although there isn't anything progressive about a political ideology that desperately fights any proposed changes to the failed and soon-bankrupt social and economic programs from the 1930s.

What really sends them into a tizzy are facts, particularly the sort that they are never exposed to by the legacy media or in the indoctrination chambers that are our college campuses. It's like watching a bewildered baby after being corrected by his mother for the first time. Poor little things.

Courtesy of The Economic Collapse blog, here's a list that's bound to make Progressives come unglued. For your reading pleasure, here are 10 incontrovertible facts about the Obama economy, none of which can be blamed on the Bush Administration.

Under President Obama …

1) The number of Americans counted as "not in the labor force" has increased by 8,332,000.

2) The average duration of unemployment in number of weeks is up from 19.8 to 36.6.

3) Seven out of eight new jobs are part-time.

4) The middle class is taking home a smaller share of the overall income pie than ever before.

5) Median household income in America has fallen for four consecutive years.

6) The poverty rate has shot up to 16.1%, higher than when the War on Poverty began in 1965.

7) The total amount of student-loan debt has increased from $440 billion to about $1 trillion.

8) The U.S. debt-to-GDP ratio has increased from under 70% to 101%.

9) Electricity bills have risen faster than the overall rate of inflation for five years in a row.

10) The mortgage delinquency rate has increased from 7.85% to 9.72%.

Sincerely,

Jim Signorile
Managing Editor, The Sovereign Investor

P.S. Here are the highlights from the past week … in case you missed a few.

A "Nerve Center" for Concerned Americans
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Where is This Legendary Investor Putting His Money?
Although Jeremy Grantham is not as celebrated as Warren Buffett or Jim Rogers, his status as a legend in the investment world is undisputed. Grantham recently published his outlook for the next seven years. In it, he predicts that most asset classes will return little in the next few years. But there are a few exceptions. Read more …

Is The Passport Book Missing From Your Personal Library?
Inside the covers of this 878-page, must-have book, you'll find details of the "hidden underbelly" of international travel and all the closely-guarded legal secrets of an accomplished attorney and former U.S. congressman. He shows you dozens of strategies you could use to legally reduce your income and property taxes, exempt yourself from numerous government regulations and protect your personal privacy from spying government bureaucrats and databases. What are you waiting for? Get your copy here.

You Want to be Invested Here … Right Now
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The "Real Pillars of Wealth" Could Save Your Retirement
In less than two months, we're set to reveal our biggest, most game-changing research to date. In short, what we call the "Real Pillars of Wealth" could allow you to retire a lot sooner than traditional investments. In fact, just one of these strategies could make you a fortune. Yet very few people know of these strategies. But this October, the top 30 "Real Pillars of Wealth" experts will be in Las Vegas, Nevada. There, behind closed doors, they'll reveal specific actions you can take immediately to secure a legacy of wealth and start profiting from these little-known strategies. To learn more about these "Pillars", click here.

The New Cultural Rot
Do empires crumble by chance or by choice? The course upon which we have embarked is nearly identical to that which befell the once-great empires of Greece and Rome. As a nation, we have lost sight of our founding principles of liberty and the pursuit of prosperity. In less elegant terms, a cultural rot has set in. Read more …

The End of America's Middle Class?
There is an economic cataclysm coming that's so big, it could wipe out the entire middle class virtually overnight. To find out what will trigger this economic disaster – and what you can do to protect yourself from it – click here for our urgent video.

Fast-Food Strike Means Time to Buy Gold
What happens if Burger Nation successfully pressures employers for $15 an hour instead of the $7 to $10 that workers generally earn now? Well, three things I can think of, and none of them are particularly good. Read more …

What's Happening in Switzerland?
It's the most important event of the coming year. For the first time ever, The Sovereign Society is giving a small group of people access to the world's top investment, banking and asset protection specialists. This dream-team panel will reveal a whole host of strategies designed to help you escape the chains of the American economy and make you a fortune on the undervalued global investing world. Seating is extremely limited … Don't delay. Click here to reserve you seat now.

Obamacare is About to Get More Personal
That revolutionary Declaration of Independence contained a list of grievances against the British King that compelled the colonists to throw off the chains of oppression and form a new government. Now, some 237 years later, the ghost of King George III is ready to haunt Americans again … in the form of IRS enforcement agents tied to Obamacare. Read more…

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