Wake-Up Call - 01/09/12

Fraud, The Police State, Social Degradation

Listen to Bill Black testifying to Congress on the current fraudulent activities and lack of prosecutions. The National Defense Authorization Act and Obama’s comments (a smoke screen). Comparisons with the arrival of Hitler and the Nazis. This is a grim piece of legislation and will certainly have far-reaching consequences. The retirement trap.  An avalanche of baby boomers is about to hit the retirement scene and most of them will be seriously underfunded. Younger contributors to their plans will be buying stocks in a declining market. Many will never be able to retire.

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