Forum Post: Stop the skimming operation - Give this movement a single focus!
Posted 12 years ago on Sept. 19, 2012, 5:40 p.m. EST by rusty7
(0)
This content is user submitted and not an official statement
It is my opinion that this movement needs to have a single focus that All working and non-working people can support....I believe that focus needs to be the investment of personal retirement accounts. Every account should have the option of self directed investments rather than having to turn your hard earned money over to the skimming operations of the Mutual Fund Managers. This is one we could actually keep score on to the point that the movement would make a huge difference in the investments of many many Americans.
How to get started: Take the top 10 businesses in the country and publish the investment options offered to their employees....you could see if they offer a self directed option or if they only offer mutual fund skimming mangers. Offer to camp on the corporate headquarters with their own employees until the investment plans are revised to allow each individual the option of self directed investment. This would take the money out of the Wall Street skimmers and put the money back into the corporation that are actually producing product and services. Hopefully thus creating more jobs for all of us.......
I agree, lets form a list of grievances like our first congress did in the1750's. Ill start. The predatory lending of student loans that are put upon 18 year old children we need to put a stop to, It is ruining their lives, All while the ceos of Fannie May are making ridiculous sums of money each year, nearly a billion dollars in penalty fees alone (late fees and such).
This combined with the greed of college universities that continue to raise the cost of education so those colleges can make their campus buildings look like tashmahalls (i know im going to hear flak for this mispelling, ha). Meanwhile their presidents are giving themselves million dollar a year bonuses. Shall I go on? or is it apparant yet? Lets continue on. Graduates today make the same they did 20 years ago, yet the cost of living has increased dramatically. There is an imbalance, that as an effect: The current adult generation has sold out the future of our children because of their greed and not only is our children going more into debt with student loans, so is our government. Our dollar cannot recover from this, and the only thing that is keeping us a float is that the rest of the world is suffering also, and they are investing in our worthless dollar to protect themselves.
Im telling that I can see the predictions of the bible not too far away now, "and the merchants of the earth who docked their ships at our ports and became rich shall stand afar in amazement at our great calamity".
the fundamental law of the universe will cash out saying, whatever seeds you sew, so shall you reap, or whatever bed you make you must lay in it.
Your retirement at this point should consist of hard assets and only hard assets.
ows was never a movement but a fad that quickly faded away. They tried to model their selves after the great Tea Party but failed.