CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
Monday, April 02, 2012
This is NOT an April Fools Joke.............
While we do not know if foodstamp usage is seasonally adjusted, we do know that in January it was virtually unchanged at 46.5 million recipients. And while the actual number of recipients declined by a whisper, the number of households actually receiving benefits increased to a new record of 22.2 million. Lastly, the average monthly benefit per household slide to a multi-year low of $277.27. First the quality of jobs gets diluted, next the poverty benefits. All in line with the continued dilution of real wealth, simply so nominal indexes can hit fresh 5 year highs - today the S&P hit an intraday high not seen since December 31, 2007. Luckily, soon everyone will be rich and can retire.
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