A Place for Political Commentary on local and national issues. The point of view is mine because today neither major political party has America’s best interest at heart. Politicians on both sides of the Isle are corrupt, but even worse, most of them are morally bankrupt. You're welcome to comment.... On the whole, I prefer not to be lectured on patriotism by those who keep offshore mail drops in order to avoid paying their taxes.
Tuesday, April 27, 2010
Gamblers Beware!
The stock market is a gamblers paradise so why are we so upset? Because we lost the gamble? Long ago, business owners stopped funding your retirement and started gambling with your money. Why? Because your retirement has certain guarantees, your 401k or any equivalent doesn't have any! A business owner who gambles with your retirement risks having to pay for your retirement even if he loses. If he sends your 401k down the toilet, so what!
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