Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Saturday, January 11, 2014
98,000,000 Americans are NOT roosting in the labor force
Maybe the unemployed can get up off of the couch, grab a gun and go and 'feed' themselves.
25 birds can keep one's belly full for a couple of months! The only problem is the same one found on many Indian reservations. Plenty of birds to kill, just not enough money to buy shells.
Have you seen the economic recovery? I haven’t either. But it's bound to be around here somewhere, because the National Bureau of Economic Research spotted it in June 2009, four and one-half years ago. It is a shy and reclusive recovery, like the “New Economy” and all those promised new economy and shovel-ready jobs. I haven’t seen them either, but we know they are here, somewhere, because the economists said so.
At a time when most Americans are running out of coping mechanisms, the US faces a possible financial collapse and a high rate of inflation from dollar depreciation as the Fed pours out newly created money in an effort to support the rigged financial markets.
It remains to be seen whether the chickens can be kept from coming home to roost for another year.