everlasticity
01-22-2012, 06:36 AM
Here is an email I sent to my family in an effort to motivate them to consider Ron Paul:
Everyone is concerned about they economy. When I talk to my father, he advocates for a long term transition to the limited forms of government that We Ron Paul supporters advocate above any other candidate. He does so because he is afraid that an abrupt transition would create havoc in the economy. What he fails to realize is that the dependency Americans have on the government is designed to produce just that, dependency. However, this dependency is not meant for his benefit, it is designed to benefit the elite. He believes that his 401K is designed to reap tax free savings for his retirement, when in fact it is not designed for him at all. 401k plans are marketing schemes designed to promote the investing elite, while maintaining the illusion that the common investor is investing for his future. He puts money into an account that cannot be withdrawn from until he retires, which makes his investments ripe for the picking of the smart money.
It is no secret that we have an aging population in this country. To the keen investor, because those funds are frozen, they have a predictable expiration in terms of their investment horizon. In an country where there are more retiring than those to replace them in the workforce, the ideal time to withdraw one's savings from a 401k plan would actually be prior to one's retirement, at the time when those investments would be peaking averaged over the entirety of peak retirement age. This has already begun, he has already seen his 401k plundered by the very strategy I have described. Yet he persists to invest, hoping that he can make it to retirement age in time to withdraw his funds. He holds on because he wants to reap the tax incentive, goading him to hold on just long enough for the smart investors to take his money before he can.
The Federal Reserve bank promotes this incentive. They lower interest rates, making investment in guaranteed yields less attractive. The Federal Reserve compounds this problem by fueling inflation, making investment in higher yielding assets an imperative. It becomes harder and harder to retire because the rate of inflation destroys the purchasing power of the dollars he worked so hard to earn. However, this cheap money is being used against my father, since it is the large investors who have easiest access to cheap loans. The leverage that is given to these investors is used to to dwarf the investment potential of my fathers 401k plan, which is meager in comparison. They will drive up the stock market, and then take it all back.
The problem with my father's thesis is that there is no transition. This system will be gutted by the very powers that seek to gain his trust in the stock market. They will promise a brighter future, and then steal it all away just when he thinks he has seen the light at the end of the tunnel. Really it is just common investing sense for the smart investor pull their money, but it is being used in a most insidious fashion against the entire country.
When the future becomes less certain, individuals are less likely to invest in the future. The aging population is perhaps the greatest contributor to this uncertainty, since your generation will not be replaced in the workforce. How is my generation suppose to support your retirement without your generation coming to grips with the situation? Among the common folk, the smart ones are the ones who are pulling their money out of their 401k plans, even though they take a hit. Up until the end of the year, the news reported daily how money was being pulled out of mutual funds at record levels. If you think that China or India will fill in the gaps, then you are really just accepting my premise. The wealth will be over there, not here. China and India are not going reimburse this country for it's 401k's.
I am imploring you to vote for Ron Paul because he is the only one who recognizes the direction this country is headed. He is the only one offering real solutions, even if those solutions may be frightening. The other candidates may know what is going on, but they won't admit it to you. They seek to instill confidence, to perpetuate the illusion. Under their plans, there won't be a transition, there will be a collapse. Under Ron Paul, there will a restructuring, and a future. You won't get a chance to enjoy your retirement if you don't follow the advice of Ron Paul. Your money will be no good any more, and you won't be able to afford a loaf of bread. Stop ignoring what is happening to this country, stop ignoring what is happening to our wealth. You will be here long enough to suffer for it, your generation is just getting over the hill. It is close. But it isn't a hill, it's a cliff.
Everyone is concerned about they economy. When I talk to my father, he advocates for a long term transition to the limited forms of government that We Ron Paul supporters advocate above any other candidate. He does so because he is afraid that an abrupt transition would create havoc in the economy. What he fails to realize is that the dependency Americans have on the government is designed to produce just that, dependency. However, this dependency is not meant for his benefit, it is designed to benefit the elite. He believes that his 401K is designed to reap tax free savings for his retirement, when in fact it is not designed for him at all. 401k plans are marketing schemes designed to promote the investing elite, while maintaining the illusion that the common investor is investing for his future. He puts money into an account that cannot be withdrawn from until he retires, which makes his investments ripe for the picking of the smart money.
It is no secret that we have an aging population in this country. To the keen investor, because those funds are frozen, they have a predictable expiration in terms of their investment horizon. In an country where there are more retiring than those to replace them in the workforce, the ideal time to withdraw one's savings from a 401k plan would actually be prior to one's retirement, at the time when those investments would be peaking averaged over the entirety of peak retirement age. This has already begun, he has already seen his 401k plundered by the very strategy I have described. Yet he persists to invest, hoping that he can make it to retirement age in time to withdraw his funds. He holds on because he wants to reap the tax incentive, goading him to hold on just long enough for the smart investors to take his money before he can.
The Federal Reserve bank promotes this incentive. They lower interest rates, making investment in guaranteed yields less attractive. The Federal Reserve compounds this problem by fueling inflation, making investment in higher yielding assets an imperative. It becomes harder and harder to retire because the rate of inflation destroys the purchasing power of the dollars he worked so hard to earn. However, this cheap money is being used against my father, since it is the large investors who have easiest access to cheap loans. The leverage that is given to these investors is used to to dwarf the investment potential of my fathers 401k plan, which is meager in comparison. They will drive up the stock market, and then take it all back.
The problem with my father's thesis is that there is no transition. This system will be gutted by the very powers that seek to gain his trust in the stock market. They will promise a brighter future, and then steal it all away just when he thinks he has seen the light at the end of the tunnel. Really it is just common investing sense for the smart investor pull their money, but it is being used in a most insidious fashion against the entire country.
When the future becomes less certain, individuals are less likely to invest in the future. The aging population is perhaps the greatest contributor to this uncertainty, since your generation will not be replaced in the workforce. How is my generation suppose to support your retirement without your generation coming to grips with the situation? Among the common folk, the smart ones are the ones who are pulling their money out of their 401k plans, even though they take a hit. Up until the end of the year, the news reported daily how money was being pulled out of mutual funds at record levels. If you think that China or India will fill in the gaps, then you are really just accepting my premise. The wealth will be over there, not here. China and India are not going reimburse this country for it's 401k's.
I am imploring you to vote for Ron Paul because he is the only one who recognizes the direction this country is headed. He is the only one offering real solutions, even if those solutions may be frightening. The other candidates may know what is going on, but they won't admit it to you. They seek to instill confidence, to perpetuate the illusion. Under their plans, there won't be a transition, there will be a collapse. Under Ron Paul, there will a restructuring, and a future. You won't get a chance to enjoy your retirement if you don't follow the advice of Ron Paul. Your money will be no good any more, and you won't be able to afford a loaf of bread. Stop ignoring what is happening to this country, stop ignoring what is happening to our wealth. You will be here long enough to suffer for it, your generation is just getting over the hill. It is close. But it isn't a hill, it's a cliff.