“We Have Plenty Of Money If We Just Loot More People”

The words came from Democratic Representative Keith Ellison of Minnesota: “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it.” You couldn’t ask for a clearer portrayal of the ethics of plunder. “We” are the government and “we” are not broke because all the government needs to do is to take money from other people. Ellison was advocating for his “Inclusive Prosperity Act.” He explained, “The government has a right, Read more […]

Government Loves You So Much It Wants To Help Manage Your Retirement Account

I don’t know which is worse, that the government makes obvious moves to loot the people or that they are able to so easily announce such moves and everyone lets them do it. In my opinion, this Bloomberg headline is a fire alarm. “Retirement Savings Accounts Draw U.S. Consumer Bureau Attention”: “The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would Read more […]