News Flash: Socialism Isn’t Free

The Comfortable Call for Socialism… And Your Tax Dollars Rodney Johnson | March 19, 2019 Democrats keep boarding the presidential hopeful bus, but they all want the same seat… the one all the way to the left. Whatever the topic, make it free, make it angry, and make it a "right." The word socialism is getting new life, as even beer-brewer John Hickenlooper can't bring himself to own the label "capitalist." I can't help but notice that the call for more stuff, at the cost of others, comes from many who have never created said "stuff," with Hickenlooper and Howard Schultz being outliers. Many of those aboard the President Express currently sit on the perch of a taxpayer-funded job, like a senator or governor. They get steady pay and benefits, including pensions, no matter what happens on their watch. Must be nice. Back in the real world, we have to run our businesses and do our jobs, where we hopefully contribute to profits, and pay the taxes to support all that stuff, which is decidedly not free. Contrary to how it seems when described by those calling for greater contributions, running a business takes effort… and perseverance. Renting Golf Carts to Boomers As a demographic play and another side hustle (to use a hip term), I recently started a golf cart rental business at the local beach. READ MORE » I just closed out a 100% profit in only 7 days… It was the 73rd winner I've racked up using my proprietary trading system since I introduced it to the public. And until THIS THURSDAY at midnight, you can try it for yourself at an incredible 64% discount! This could be the only trading strategy you EVER need… but these huge savings only last a couple more days. Claim yours, right here. Trending Stories... • The Economic Benefit of Happiness The happiest people are those living in the coldest climates. The unhappiest are those living in warmer climates. Why? And what impact does that have on economies, across states and countries? • The College Admissions Scandal Is Part of a Cycle There is nothing surprising about the college admissions scandal that blew up the news recently. The education system is broken. It has been for decades now. And it's all part of one particular cycle… • The Difference in GDP Between Now and the Great Depression The Great Depression was a big deal, right? And we've been recovering since the financial and economic crisis at the turn of this century, right? Not so fast. The numbers show that our cumulative GDP over the last 11 years has been slightly WORSE than that during the 11 years between 1929 and 1940. See for yourself… • The Debatable Cost of Climate Change The best temperature modeling came together in the late 1990s and we started tracking temperature with these models in 2000. Since then, only one model has been accurate, and it calls for temperatures to increase modestly over the next 80 years if we do nothing. So, what does that mean for governments and corporations around the world? • What Boomers Will Do to Real Estate and Nursing Homes Ahead Contrary to popular opinion, Boomers haven't started their trek through the peak spending wave in nursing homes yet. But as they do, they're going to have some serious impact… Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.