A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity.

Yet nearly five years after the Great Recession ended, more people are coming to the painful realization that they're no longer part of it.
They are former professionals now stocking shelves at grocery stores, retirees struggling with rising costs and people working part-time jobs but desperate for full-time pay. Such setbacks have emerged in economic statistics for several years. Now they're affecting how Americans think of themselves.
Since 2008, the number of Americans who call themselves middle class has fallen by nearly a fifth, according to a survey in January by the Pew Research Center, from 53 percent to 44 percent. Forty percent now identify as either lower-middle or lower class compared with just 25 percent in February 2008.
According to Gallup, the percentage of Americans who say they're middle or upper-middle class fell 8 points between 2008 and 2012, to 55 percent.
WEALTH GAP: A guide to what it is, why it counts
And the most recent General Social Survey, conducted by NORC at the University of Chicago, found that the vast proportion of Americans who call themselves middle or working class, though still high at 88 percent (a lot of people are clearly in denial), is the lowest in the survey's 40-year history. It's fallen 4 percentage points since the recession began in 2007.
The trend reflects a widening gap between the richest Americans and everyone else, one that's emerged gradually over decades and accelerated with the Great Recession. The difference between the income earned by the wealthiest 5 percent of Americans and by a median-income household has risen 24 percent in 30 years, according to the Census Bureau.
Whether or not people see themselves as middle class, there's no agreed-upon definition of the term. In part, it's a state of mind. Incomes or lifestyles that feel middle class in Kansas can feel far different in Connecticut. People with substantial incomes often identify as middle class if they live in urban centers with costly food, housing and transportation.

Remember that old stock market maxim, "don't fight the tape"? Well, don't fight the Bitcoin tape. Bitcoin started at close to $0 and is now valued around $400+ currently (For the latest pricing see Coin Market Cap). Money has flown into Bitcoin and money will begin to flow into public companies that avail themselves of the Bitcoin protocol and bitcoin as a transaction option for their customers. Think Overstock. We may be looking at one of the greatest arbitrage opportunities in the stock markets history. And this is largely due to the lack of understanding surrounding the opportunity connected to Bitcoin....

If one keeps a close eye on the latest adoption metrics related to Bitcoin, they will begin to see something extremely transformative taking place, this is the basis for the opportunity that has arisen for sharp and prescient investors. Lets consider the underlying trend manifesting itself around the world related to Bitcoin

Bill would eliminate required license for carrying a concealed handgun in Ohio
COLUMBUS, Ohio -- Two Republican legislators propose eliminating the license required to carry a concealed handgun in Ohio, a change one describes as an effort to put Second Amendment rights on the same footing as others in the Bill of Rights.
The bill, introduced Wednesday by Reps. Ron Hood of Ashville and Matt Lynch of Bainbridge Township in Geauga County, would allow any person who is at least 21 years old to carry a concealed firearm, so long as they are not legally prohibited for some reason from having guns.
“The person’s right to carry a concealed firearm ... that is granted under this division is the same right as is granted to a person who was issued a concealed handgun license,” the bill says.
Lynch described it as the “constitutional carry bill.”
The change would leave in place other restrictions, Lynch said. Bans on carrying firearms in some buildings, for example, would still be allowed. But it would eliminate several steps people who wish to carry a concealed weapon now must take before they can legally do so.

A Plea for Caution From Russia

What Putin Has to Say to Americans About Syria

MOSCOW — RECENT events surrounding Syria have prompted me to speak directly to the American people and their political leaders. It is important to do so at a time of insufficient communication between our societies.

Relations between us have passed through different stages. We stood against each other during the cold war. But we were also allies once, and defeated the Nazis together. The universal international organization — the United Nations — was then established to prevent such devastation from ever happening again.
The United Nations’ founders understood that decisions affecting war and peace should happen only by consensus, and with America’s consent the veto by Security Council permanent members was enshrined in the United Nations Charter. The profound wisdom of this has underpinned the stability of international relations for decades.
No one wants the United Nations to suffer the fate of the League of Nations, which collapsed because it lacked real leverage. This is possible if influential countries bypass the United Nations and take military action without Security Council authorization.
The potential strike by the United States against Syria, despite strong opposition from many countries and major political and religious leaders, including the pope, will result in more innocent victims and escalation, potentially spreading the conflict far beyond Syria’s borders. A strike would increase violence and unleash a new wave of terrorism. It could undermine multilateral efforts to resolve the Iranian nuclear problem and the Israeli-Palestinian conflict and further destabilize the Middle East and North Africa. It could throw the entire system of international law and order out of balance.
Syria is not witnessing a battle for democracy, but an armed conflict between government and opposition in a multireligious country. There are few champions of democracy in Syria. But there are more than enough Qaeda fighters and extremists of all stripes battling the government. The United States State Department has designated Al Nusra Front and the Islamic State of Iraq and the Levant, fighting with the opposition, as terrorist organizations. This internal conflict, fueled by foreign weapons supplied to the opposition, is one of the bloodiest in the world.

Mercenaries from Arab countries fighting there, and hundreds of militants from Western countries and even Russia, are an issue of our deep concern. Might they not return to our countries with experience acquired in Syria? After all, after fighting in Libya, extremists moved on to Mali. This threatens us all.
From the outset, Russia has advocated peaceful dialogue enabling Syrians to develop a compromise plan for their own future. We are not protecting the Syrian government, but international law. We need to use the United Nations Security Council and believe that preserving law and order in today’s complex and turbulent world is one of the few ways to keep international relations from sliding into chaos. The law is still the law, and we must follow it whether we like it or not. Under current international law, force is permitted only in self-defense or by the decision of the Security Council. Anything else is unacceptable under the United Nations Charter and would constitute an act of aggression.

No one doubts that poison gas was used in Syria. But there is every reason to believe it was used not by the Syrian Army, but by opposition forces, to provoke intervention by their powerful foreign patrons, who would be siding with the fundamentalists. Reports that militants are preparing another attack — this time against Israel — cannot be ignored........

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