Thursday, September 18, 2008

So called X-Experts!

I don't know about you, but I am sick and tired of listening to the televised so called experts about the current economic conditions we are in! Just because human beings like to look back at the recent past to suggest that this turbulent time will soon be erased in short sequence, does nothing more than tell me that they are not looking back far enough in the past to derive true or better educated assumptions. The key is assumptions are just that, they are opinions.

Two quotes to ponder: "How fortunate for leaders that men do not think." "If you tell a big enough lie and tell it frequently enough, it will be believed." author, Adolf Hitler.


Where does this problem ultimately lie you may ask? With all of us.....
It is due to our lack of financial education and understanding of fiat money (printed dollars backed only by a promise). We the people have turned over the reigns of our own constitution for the short lived material and indebted joy of having a big screen TV/New Car/Big House/Credit Cards/Home Equity Loans/Etc...

The fact is when the media portrays our legendary fat dumb and happy/over payed CEO's as being very smart or god like geniuses, it is by far the furthest thing from the truth. I don't call a person or entity that entices people to throw their hard earned worked money at them for FREE, so they can squander on selfish euphoric greed as being genius.

The best example of genius is the nearly dead old school mentality my parents have always taught and lived by....which is simply "If you don't have it, Don't spend it" Amazingly simple isn't it? But long forgotten common sense in a un-common sense/credit driven world.

So, Wake up America! and lets get back to BASICS!

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