Tag Archives: Young Americans

Obama Lost The Youth To Ron Paul

By Joel Valenzuela

Political movements come. Political movements go. Which ones will last? Which ones will fail? How do we identify the principles that will shape our future?

The answer: follow the youth.

Now that might lead us to believe that Barack Obama’s 2008 election campaign was the real deal, the game-changer for the future of the American political landscape. Not so fast. A massive PR con job that lasts one election cycle isn’t quite the same as an organic, lasting, growing youth movement. Young people might be impressionable, but they’re quick to learn. A younger, multi-ethnic frontman with a minimal political record can only hide the same tired old policies for so long. Soon enough, the youth will abandon a false prophet of hope and change and get behind someone who is truly on their side. Someone who sincerely fights for their future.

And that’s exactly what happened. Take another, opposite, unlikely youth leader: Ron Paul.

The political career or Dr. Ron Paul can easily be viewed as a failure. During his generation-long service in Congress, only one out of the 620 pieces of legislation he sponsored ever became law, hardly an encouraging sign of success. Paul ran three times for President of the United States, and all three times fell far short of victory. Earlier this year he retired from Congress, quietly slipping out of the public sphere.

But Dr. Paul didn’t fall short where it really mattered: inspiring future generations with hope. The firey youth-based movement he rallied refused to die long after his political campaigns came to an end. Organizations like the Campaign for Liberty and Young Americans for Liberty continue to carry out the work of his movement. And they’re not going anywhere. They’re only getting stronger.

While time will be the ultimate judge as to the lasting impact of Ron Paul’s youth movement, the signs are already there. I witnessed one of these signs firsthand this past weekend at a Young Americans for Liberty conference in Fullerton, California. Dr. Paul addressed a room full of youth activists via Skype, some of whom had driven all day to be able to attend. An old man in his office bent over a computer received a standing ovation from a packed auditorium thousands of miles away, full of young people of every ethnicity, gender and background, most of whom were younger than his own grandchildren. This happened in California, a state known for adopting policies opposite of what Paul spent his life advocating. Proof be damned, this one powerful piece of evidence spoke with the force of a thousand statistics. Make no mistake: Ron Paul has won the youth of America.

The youth are the future. Those who control the youth, therefore, control the future. It really doesn’t get any simpler than that. And, judging from the lasting impact of the movement Dr. Ron Paul inspired, the future has been won for liberty.

Joël Valenzuela is the editor of The Desert Lynx

Photo credit: Gage Skidmore

4 Ways to Make Financial Literacy Work for Kids

By Kiplinger

Filed under: ,

Kathryn Scott Osler/The Denver Post via Getty Images Samuel Spraggins brought his two young granddaughters Tamia Fair, left, 5, and Tamera Fair, 7, to open a savings account at Young Americans bank in Denver. Bank Teller Chelsea Snyder helps guide the two new bankers through the important paperwork.

By Janet Bodnar

Financial literacy is right up there with Mom and apple pie as an American ideal, but it’s a challenge to figure out effective ways to achieve it. In the two decades I’ve been writing about kids and money, I’ve observed thousands of parents, children, teachers and students, and I’ve come to my own conclusions about what works best in teaching kids to be financially savvy.

I was curious, however, to see how my observations stack up against formal research in the field. To find out, I spoke with Annamaria Lusardi, head of the Global Center for Financial Literacy and professor of economics and accountancy at the George Washington School of Business. Lusardi has focused her academic career on financial literacy, and what I learned, to my relief, is that my conclusions are pretty much on target.

Take things one step at a time. Some critics say that teaching kids financial literacy won’t help them read a complicated 50-page contract when they buy their first house. So why bother? “That shows a major misunderstanding,” says Lusardi. “We don’t teach students literature so that they can write ‘War and Peace.’ We teach literature so that they can appreciate a good book. Financial literacy is a basic tool that helps people cope with day-to-day financial management.”

In my experience, it’s best to start small. Lessons should always be age appropriate, and if you can teach kids just one thing, it can make a huge difference. For example, when teaching teenagers about credit cards, the first lesson should be that plastic is not cash; it’s a loan they will have to repay, plus extra in interest. If they understand that, you’ll have taken a big step toward keeping them out of debt even if they’re too young to appreciate and understand a credit card agreement. That will come later.

Make lessons relevant. Studies often show that kids aren’t learning money skills. But, says Lusardi, “I’d be cautious about studies that measure financial knowledge. You also need to measure other things, such as the curriculum. Do the questions have any resemblance to what is being taught?” She points out that financial literacy is often a single elective course taught at the end of high school. “Almost no one learns math or science like that.”

My quibble with some financial-literacy tests is that I don’t expect kids to answer questions about adult concepts such as insurance, investing or Social Security. Learning how to budget an allowance can be invaluable in teaching children how to manage money, …read more

Source: FULL ARTICLE at DailyFinance

Gen X And Gen Y Wealth Stagnates

By Ashlea Ebeling, Forbes Staff

Younger generations used to be successively wealthier, but no more. “For many, the American dream of working hard, saving more, and becoming wealthier than one’s parents holds true. Unless you’re under 40.” That’s the grim finding of Eugene Steuerle, co-director of the Urban-Brookings Tax Policy Center, who co-authored, “Lost Generations? Wealth Building among Young Americans.” …read more
Source: FULL ARTICLE at Forbes Latest