When a 158 year old company can simply just vanish, don’t you wonder about what will happen next?
AND I am not even going to talk about why the government didn’t bail them out. The government should never interfere with our free market; I was starting to think we were sliding a little towards socialism and a little facism.
Wilbur Ross is on CNBC saying that 1000’s of banks will close. We are not nearing the end, we are nearing a paradigm shift. The end of easy money is at hand. Where will you get your money you need to build a home, buy a business, materials for production, inventory?
Some of my clients are starting to see the need to start building their own ‘banks’. They will have their own pool of cash to borrow from and not need a regular bank or loan anymore. Click here and ask me how.
Times are a changing, will you be ready? Will you be on the side of the haves or have nots?
A free market society is just that - a free market. We are free to fail and free to succeed. I see that changing significantly in the next few years. This will especially be of a concern to me and my family if Barrack Obama is elected. I am not saying he will not be a good president for our country. I am concerned about how his policitical belief system and party politics. A liberal, left leaning slant means more government intervention, more tax increases across the board (not just income tax rates), and a significant increase in the deficit.
I am hoping that we just stop all this and let our economy reset itself. Survival of the fittest is what I like and hopefully we as a society will let this happen.
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