Socialist America, Part 2 ... The Joker's wild!
This has to be one of the most brilliant articles to come out of Market Watch:
PAUL B. FARRELL Socialist America, Part 2 ...
The Joker's wild! Solution: Cure Wall Street's hangover with this 12-step intervention
By Paul B. Farrell, MarketWatch
To all young people read and heed:
"Step 8. Warning, Wall Street's been losing your money since 2000 Seriously, if you put $10,000 in the market in March, 2000 when the Dow peaked at 11,722, you've lost half your nest egg, adjusted for inflation. Wall Street's greed and drunken binge has distorted basic conservative principles, costing America hundreds of billions the past eight years. Solution: Forget the stock market. Read "The Millionaire Next Door." Build your own business. Buy real estate. Anything to avoid Wall Street."
The US is moving toward socialism, many "baby boomers" are trying to go on the "dole of the US government". Having lived in a socialist country for several years, the way to get ahead is to start your own business or work for cash or leave. Forget gambling in the stock market capitial gains will take this market down even further.