May 14, 2009
Well,it doesn't do much good to save for retirement if the Government is not doing their job of carrying out their resposibilities to the public. The Government has let the economy ruin our savings and now we face increased taxes and inflation. We have been robbed of our hopes for a secure retirement and all our retirement dreams.
We have spent 50 of our 70-76 years making sound investments in American businesses only to find the short sellers, the hedge funds, which were leveraged on very little capital, and the gambling mentality of short term traders to destroy over half of what it took a lifetime of sacrifice and personal monitoring to grow. Not to mention the escapades of the large, want to be "biggest in the world" banks.
It is time to return this market to be used as a CONSTRUCTIVE TOOL for the SMALL INVESTOR and not just the large, well-healed hedgefunds and short sellers.