CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. 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', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.

Friday, October 03, 2014

Look out below, AMERICA we have a problem.........

There is some really fucked up data out there and you, and I, see it every day.

In every town, in every corner of the country.

The collapse in the labor force participation rate, which in September slid from an already three decade low of 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows.

What is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million!  Yes, you read that correctly.

92,600,000 not in the labor force.  Eating but not working.

What does "working" have to do with getting money from the government and eating? 

I guess as long as the EBT cards keep working the fall election winners are well-known.     

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