Tired of Being A Mark?

Most Americans do not understand Money and Banking. Many Americans understand that they need to invest their money if they are going to have money for retirement, because Social Security is not enough to take care of anyone.

The trade off between an economy that has a highly developed system of credit such as we do here in the United States, and an economic system where credit is unavailable is easy to understand. People will take the economy with the highly developed system of credit over a cash economy any time. Credit makes it possible to buy those goods and services now and enjoy the use of that economic purchase in the present and pay for it in the future, or pay for it over a period of time. I think everyone can understand that if everyone had to go with cash money in hand to make every purchase of goods and services that the type of economy that we now have come to enjoy would not exist.

Credit and credit cards are a fact of life in America in the 21st century, and hopefully some of the more blatant abuses by the credit card companies will be reigned in by Congress in the not too distant future. But, make no mistake, if we are going to bring back our domestic economy and regain full employment, a system of credit must be alive and well in these United States.

But what about Wall Street? That nut will be a little harder to crack. The men and women on Wall Street have the money to fight Congress from putting in place a better regulatory system. This is were the American people need to get up to speed and take this fight to Congress. Congressional representatives need to be pounded on the issue of more regulation, oversight, transparency and enforcement as it concerns the investment business in the United States. Americans can not ignore this battleground, for their future and the future of their retirement will depend upon the Wall Street abuses being reigned in. All of us have suffered financially as a result of wide scale fraud from the biggest producers on Wall Street. It is time to let your Congressional representatives know that you know which end is up. Write them. Call them. Let them know that you are tired of being a mark.

Stay tuned.