Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., a money management firm he founded in 1995. A White Earth Chippewa Dean helped Native Americans for decades. Raised conservative, he trained on Wall Street in 1982/83, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived. Written from the Parisian Family Office at Ghost Ranch in MT or his TN farm, Pamelot!
Tuesday, October 18, 2016
Gutless shiftless whimps
Of the 2,300 Americans polled by YouGov, 80% of baby boomers and 91% of the elderly agree with the statement that “communism was and still is a problem” in the world today. Millennials? Only 55%.
Furthermore, almost half of Americans between the ages of 16 to 20 said they would vote for a socialist, while 21% would go so far as to back a communist.
Capitalism, on the other hand, is viewed favorably by 64% of those over the age of 65, compared with only 42% of millennials.
In fact, more than half of millennials say the economic system works against them, while four out of 10 call for a “complete change” to ensure highest earners pay their fair share.
There’s a lack of historical perspective, according to the foundation, that the survey showed among a big chunk of the younger generation. For instance, a third of millennials say they believe more people were killed under George W. Bush than Joseph Stalin.