Thanks, Fred ~
I think I can learn a lot talking to you. And, yes, I get it about "critical mass." What amazes me is how complacent I am, and others like me -- even though we've been victimized (lost lots of $$) due to the pervasive frauds, we seem content to sit back and let somebody else drive the bus. It's not that we're stupid or incompetent -- we're overwhelmed by the enormity of the crimes and feel impotent to do anything.
But 50 years ago, who would have dreamed that Obama could have been elected president? I cried on election day -- as I stood in line to vote, I felt so proud of our country and our people -- so proud that we had come far enough to allow Obama to even be running for office.
Human Rights and Financial Rights don't seem to equate in our hearts and minds. We're willing to go to the mat for equality, but somehow, we don't believe we can go to the mat for fiscal responsibility and soundness. I suspect part of the reason is that we've taken for granted that the people who guide fiscal policies are smart and honest. The first is emotional; the second, rational. We don't seem to know how to fight for things "rational."
Your thoughts?
Very well put. You get it. Now help spread the word. This stuff isn't rocket surgery. A tiny group of people hold the keys to power and Wall Street knows that they can "buy" politicians with campaign money. By changing the laws with regards to the financial industry, Congress destroyed the laws that protected the investor. The rest is the result of greed again by a very few. A tiny group, relatively speaking, became very wealthy at the expense of a whole nation. When enough people wake up to the realization of this fact, then real change can begin. The Federal Government has a role to play, but, unfortunately, we, the people, must see to it that they play their role properly.
Stay tuned.
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4 comments:
The first million people is the hardest. Once we build a group of one million MONEYTHOUGHTS HEADS, we can then demand to be heard and when we are heard, change will begin to take place. Congress will get it because their survival will depend on each of them getting it, and, changing the laws to protect the majority of the American people from the frauds put upon the American investor. As for protecting the value of the U.S. Dollar, that is another challenge we need to fight for.
Let the war begin!!!
WOW! I'm flattered, Fred! Thank you and thank you!
Okay, then -- let's assemble as many MONEYTHOUGHTS HEADS as we can and organize for battle!
Other causes manage to be heard -- we can, too!
Summer
I agree with you, start small and just like savings, the interest will grow and compound in time.
I'm with a small group of retirees, considering Delta or GM in numbers, from Delphi. There are only 15,000 potential but only about 5,800 actively retired individuals that are fighting the big machine. The courts, sentiment and THE COMPANY. We have emailed until the Honorable Judge Robert Drain had to disconnect his fax machine. We have overloaded the government mail system and have made some progress in our attempt not to be thrown out like yesterdays garbage. There have been loses but there have been advances in our accomplishments too.
We may not win the overall battle but we have forstalled what may be the inevitable, the loss of our pensions to the PBGC, a 30 to 70% loss. We have lost our healthcare and life insurance but we have made in roads in forming a VEBA program that is unlike any other in the country.
Bottom line, one small voice (moneythoughts) turns into many followers in just a few months. If we all pass on Fred's voice then the next thing you know there will be the compounding of the investment.
Listen up Wall Street. We're talking about you.
Keep it up Fred.
If Congress knew there is a group of people out there that number in the millions that call themselves MONEYTHOUGHT HEADS, and they will campaign for those that seek to protect the investor, both large and small, then we will see some movement. All those institutions and individuals that lost money with Madoff and the rest of those investment advisers, as well as the frauds committed by the professionals on Wall Street at the investment banks and the credit rating agencies, is enough reason to form a group. If America is big enough for DITTO HEADS, then surely there are enough people with brains enough to be MONEYTHOUGHT HEADS!!!
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