Saturday, August 2, 2014

What disaster will be next?


With all the  problems the nation is facing, domestically and foreign, a recent poll showed more people consider illegal immigration and the border disaster as the  worst.  However, the rotten economy and scarcity of jobs together  have almost twice as many voters ranking those as our leading problem.

Our greatest threat of our own greed is the stock market, which can be manipulated in a way to destroy savings workers have made for their future retirement.  Too many people have most of their assets, except possibly their home, in IRA's invested in mutual funds.  When the market crashes -- and it will -- it may be nearly impossible to get much of those savings back.

The Obama administration is determined to do everything wrong to the economy, especially taxes and regulations.

This coming crash may be the one we never recover from.



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