I've written about the fate of most American Investors, now read on to see how our children and grandchildren will fare. Our leaders can't continue with deficits, entitlements and "kick the can down the road" actions.
Again, if you are not in the top 2%, better enjoy yourself, because the money flow will continue to be absorbed by the information wealthy and affluent able Americans. Of course, this is our own fault with the majority of learning sub-par and our leaders not investing, but just spending to keep those neglected continually in the dark. I'm not saying that more money will help, just saying our leaders are more interested in getting re-elected than caring about our nation and it's people.
I'm not one to back away from partisan discussion, but here are some things that need to change:
- Govt regulation without considering cost benefit such as ethanol and the impact it has on food and our resources
-Unions in the public sector and the idiocy of putting the political foxes in charge of the taxpaying hens
-Regulating the cleanest form of power to make it the costliest at the expense of our world competitiveness
-Prisons with inmates with access to bank accounts, cell phones, and facilities better than offered to the working Joe
-Government of housing for people that can't afford it in the real world and transferring wealth from those that can to those that cannot handle the responsibility
-Gambling approved by government resulting in those that least understand the odds losing more income
-Government that provides mortgage assistance to people who can afford to own $ million homes
-United Nations funding of this organization that sanctions dictators that curtail individual rights
-Hedge funds that are small enough to avoid regulatory discipline and offer American company shares to be purchased only by foreigners (FaceBook)