I know this might not be news for some, but based upon recent events, you cannot draw any other rational conclusion. Without question, the media is biased mostly left of center politically. You must realize this when investing, and vet media sources for your information.
Listening to the politics and media is dangerous for any investor. Beware of the outside influences when creating your investing strategy.
President Obama’s budget is set to come out this week and will propose a limit on how big you can grow your retirement account. While the article on the The Hill talks about Mitt Romney’s rather large IRA, in reality the size they are talking about is much much smaller.
The socialist in chief has spoken. Now I know that is somewhat of a cheap shot, but really, what was the president talking about with the speech he made last Friday? I’ve come to no other logical conclusion that President Barack Obama believes in socialistic ideals.
Let’s deal with one of the more common realities of life. There isn’t an axiom more self-evident than that life isn’t fair. It never has been throughout the history of mankind, nor will it ever be. No matter how much others try to make right with what’s wrong in the world, life will still be unfair for someone somewhere. In addition, what others made right for one group, could very well “wrong” another group in the process.