Only people in the United States could be so narcissistic to think that they could spend more money than they have. Why do we spend so much money to guarantee that old people do not die? Isn't death a part of life? We spend more money to maintain the lifestyles of people who can no longer contribute to our countries welfare and economy, than we do for the productive workers and future generation. Like a large multinational corporation, we have become top heavy. We have too many old, retired people. FYI, they don't call it retirement when you can't afford to live, they call it unemployed!
Too many people believe it is their God given right to retire at 65 not matter how much or how little they have saved to do so. Why is it that the children of working parents get less health care than the children of welfare parents? We have a system that rewards those who don't EARN enough to provide for themselves but punishes those who are doing all they can, but have EARNED too much to get our help. Our welfare system is designed to fail! We have created a system where people are better off not working. This is only sustainable by taking a larger and larger portion of the EARNINGS of people who work hard enough to support themselves. As this continues, people get a lower and lower return for their efforts. At some point, they say "F It" and join the welfare throng. Soon everyone is looking at each other wondering who is going to breathe for them because they are too helpless (lazy) to do it themselves. Why can liberals not see this? Sure giving to the less fortunate – either by choice or circumstance is nice and a good thing. It makes you feel good, it really does! When it comes at the cost of biting the hand that feeds you though, you have gone too far. When charitable giving no longer involves charity but has been replaced by coercion through taxes, we have gone too far. When are people, esp. liberals going to realize that life is not FAIR?
Nature is a cold-hearted bitch and this world is very unforgiving to stupid people. There is no guarantee of freedom, peace, enough food to eat, home ownership, an education, or even life itself. Each must be fought for and EARNED each day.
When are people going to realize that trying to get that extra percentage return on investments also increases the risk? Don't people realize that outsized gains come with outsized risk? Oh, and for the record, Risk is not defined as not making any money or just keeping pace with inflation. Risk equals you might lose all your money invested, more money, and your reputation. At some point in the return vs. risk continuum, fraud begins, some point higher than that the law is broken. Why do you think drug dealers sell drugs? Why do business men create Ponzi schemes? The rate of return is incredible!
If it sounds too good to be true... IT IS. If someone tells you the investment is "guaranteed"...Don't Believe It!
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