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You are here: Home >> The General Economy >> Americans and American Small Businesses Are Still At Risk.
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Americans and American Small Businesses Are Still At Risk.
Wednesday, 24 February 2010 18:02

The Housing Crisis Continues...

The mortgage and housing crises resulted from overleveraging housing assets by both individual Americans and the financial industry.  The Dolts in DC - following their practice of blaming individual Americans because we are "stupid" and businesses because they are "greedy" - refuse to recognize that it is their policies and legislation that form the root cause of these failures.

We the People are not stupid and businesses are only greedy if the Dolts in DC allow it.

Today, both your ability to earn an income from your work or your small business and to keep some of it for yourself and your family are at greater risk than at any time in the history of America.  The "giant sucking sound" you hear is the Dolts in DC spending money we don't have on stupid (it applies to them) programs we don't need.

Step out of the fog of conventional wisdom and recognize that unless you gain control of every penny possible you will soon be the indentured servant of lenders and the government.

  • Get out of debt.

  • Dump your 401(k) or equivalent, IRAs, and any investment program that guarantees only that it guarantees nothing.

  • Put your money into savings programs that guarantee the return of your money and don't be overly concerned about the return on your money (Will Rogers advised this in the ‘20s - boy was he right then - and now!)


Tuesday, February 23, 2010

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