Pound Foolish: Exposing the Dark Side of the Personal Finance Industry For the past several decades, the personal finance industry has convinced Americans th…
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The books she mentioned were not get rich quick books, but get wealthy over
the course of a lifetime through thrift and good money sense, and avoiding
debt like the plague. The historical numbers of the US stock market does
bear out a 6-7% inflation adjusted return over the long run. Thats’ the
place for the money of any young person, and they can rise out any wild
fluctuations.
Amazing. Thank you for telling the truth. Every American should see this.
We need a new system and a new democracy in order for ppl to make it. My
financial stresses are not my fault. And I rarely buy lattes!
We really should be looking at how we create dollars and how it creates
debt.
i think it is funny that the basic essence of her argument is that money is
not your individual responsibility and we need to look to government to tax
and regulate for your retirement. I am sure this is reassuring for people
who want to stick their heads in the sand, but it doesn’t actually work,
just look at greece.
Brilliant argument. But despite your assertion, it isn’t nonsense at all.
Corporations and rich investors aren’t stupid; they expect and receive key
benefits from the billions they pump into our political system. Among the
best of those benefits is a tax system that lets them pay a much smaller
percentage of their real incomes than average wage workers, and even lower
wage workers. That unfortunate fact can’t be erased by pretending it’s
“nonsense”.
We have exterminated the property owners in Russia.We are going to do
the same thing in Europe and America. (The Jew, December 1925,Zinobit
The world revolution which we will experience will be exclusively our
affair and will rest in our hands. This revolution will tighten the Jewish
domination over all other people.” – Le Peuple Juif, February 8, 1919
Here is their plan for you.Read this SCRIBD book WHO IS ESAU-EDOM
Yes, all sorts, including the choice of bought and paid for legislators to
invest taxpayers’ money in unpopular wars which make everyone less safe,
while transfering the earnings of workers into the pockets of the
contractors who make billions from lobbying for more mass killings.
401K doesn’t work? Fine…that means the $13T in retirement funds will be
easily confiscated by the govt to ‘balance’ it’s books (so they can borrow
even more!). They’ll issue ‘shares’ to those who gave up their retirement
(patriotic thing to do…) to save the Nation… and pay them a social
security type stipend. Because the govt is so much better at managing
money…
She’s speaking some really hard truths here. Not easy to take but brilliant
and brave.
yes all sorts of choices. Like a tax code heavily skewed to the wealthy.