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Archive for September 21st, 2008

Sep 21 2008

Hey DC -While You’re Handing Out Money…

The more I think about it the madder I get.

The government is bailing out private sector business at a rate that is unfathomable and making the average American taxpayer foot the bill without giving us a bit of say in a single part of it.  The truth is that we are being bent over and treated like a whore without any lubrication or even a kiss and all it is going to mean is that we will have to pay more in taxes without seeing a thing in return.

In the past I have advocated putting your money into money market accounts and other ways of earning a better interest rate but right now I am strongly encouraging everyone who asks my opinion to put their money only into interest-bearing savings accounts that are FDIC insured.  Anything else is far too risking with this volatile marketplace and short of stuffing your mattress with cash or burying it in a coffee can there aren’t too many safe havens for your cash anymore.

For the record, we do have a say in situations like this but we have to think ahead.  We need to start thinking about the people we are putting into office all the way from local city councils and mayors to the White House.  Before you vote next time ask yourself if you would trust that person with handling your money.  Would you hand over your finances to them and allow them to make decisions on how to manage that money without first asking you?

That’s exactly what they - the politicians - do.  They make decisions that affect how your taxes are being used every single day and you are only consulted when you go to the voting booth.  If you aren’t registered to vote you have no room to complain, nor do you have a voice.  If you are registered and don’t vote, the same rule applies.

THINK.

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