Seven Lessons From Financial Meltdown Down To One Objective

By kenjwillis on Tuesday, September 15, 2009
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Filed Under: General Muse

SoapBoxThis morning I was looking over my articles looking for something interesting to share when I came across the article linked below.  In summary, it describes the all the things we were brought up thinking that if we did these things, we would be financially set for our future.  Things like 401k accounts, holding stocks for the long term, buying a house were supposed to help us reach our goals of retirement.  The more I read the more I realized that the seven lessons boiled down to one objective by the people who took it all away.

Seven Lessons From Financial Meltdown
House prices always go up. Buy stocks on the dips. Your 401(k) is going to pay for a comfortable retirement.

For most Americans, these core beliefs — heavily marketed by the financial services industry — have been widely held for decades. But the collapse of the housing bubble, Financial Panic of 2008 and Great Recession have upended much of the conventional wisdom most individuals took on faith. – John W. Schoen  MSNBC.com

Capital greed created the oportunity and vehicle for Corporate greed.  Our legislaters ignored the provisions for regulation because they and their constituants (AKA contributers) were making themselves rich.  Now we have to pay for it.  Businesses are failing, unemployment is up but nobody is pointing their finger at the money machine that attached itself to our government structure.  Our current administration wants to take it to a new level of status quo.  They are playing off the situation they created to make us feel like we need to depend on the government so they can remain in power.

I am so proud of our country at this moment.  Our government is trying to move at a blistering speed to get us hooked on the government system, but we the people have said “hey, wait a minute.  Lets slow down a bit and look at this.”  I do not know which way is the best way for america, but we need to take a look at this as a country and not as a special interest machine.  Our country as a whole can steer us better than a far left or a far right.

Our government structure is the best and freest in the world, but for some reason we cannot fend off special interests.  I am no brain surgeon, but there needs to be laws regulating this type of activity.  But most of all, our Federal Government needs to get out of the way of business by reducing the burden on the people and businesses.  It seams to me that we are spending allot of tax dollars for a very few people and the more a watch the news, the more i feel like our tax dollars have nothing to do with actually helping the poor.  It seams like this money is going a different kind of special interest group.  Billions of dollars earmarked for companies we have no idea what they are really doing or what their misson is in our great country.  I could go on for hours but i will get off my soap box.

Anyone got any ideas?