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Tags: Politicians | Investors | Economy | Bills

Watch Out Politicians: Investors Are Unhappy

Watch Out Politicians: Investors Are Unhappy

Denis Kleinfeld By Monday, 11 April 2016 07:22 AM Current | Bio | Archive

Are you one of the investors who feels they are financially bleed to death by the government?

Can you explain in any minimally comprehensible way just what Congress is dong to help the economy recover?

Why has the Federal Reserve imposed a zero interest rate for the past seven years?

Listening to the candidates running for the presidency and their respective political parties talk about economic policy scares the heck out of me.

Can it be that these imbeciles are governing the United States?

It is all so embarrassing and disconcerting.

The two major political parties are locked solidly in an ideology that government may take more money from the productive private economy to redistribute in the most unproductive ways possible.

Let’s face it. The 1% is a voting pool smaller than the 99% voting pool.

Unfortunately, most of those in the 99% — about half — are also to some extent taxpayers and are being taxed without mercy.  In this economy, the tax burden is more painfully felt by them than anyone else, and they are angry.

The philosophy of those running for high office and the political parties they represent seem to reflect the view that everyone’s efforts belong to the state. Any money left over after the government takes what it wants is purely a gift since — according to the Supreme Court — the government has unlimited power to take it all. 

It is all predictable.  As Edmund Burke once said, “The greater the power, the more dangerous the abuse.”

As crazy as the idea is, the politicians are promoting the propaganda that the people must be protected from the abuses of private industry and businesses. Multinational companies and local businesses both must be closely regulated for the public good. 

What the taxpaying investors are realizing is that when politicians say they are “fighting” for the people they are bleeding off more cash flow from the private sector to squander on vote buying schemes and far-fetched programs to reward campaign contributors.

The government generates no wealth, no jobs, and no financial security. Only private industry creates these things.

Politicians are strictly takers and users of private property and private labor.

Government’s very existence, like everyone else, depends upon the success of the marketplace and private business enterprises. 

There have been inklings of taxpayer’s umbrage in previous years.  Ross Perot got 19% of the vote as a third-party candidate for president.  You would have thought that the Democrats and Republicans would have glimmer that the voters were unhappy.

The Republicans got sweep into office and Newt Gingrich made Speaker of the House because the voters were unhappy.

The Tea Party came into existence because taxpaying voters were unhappy.  The Republicans hated them more than they did the Democrats.

Which leads us to where we find ourselves today.

The Democrats are steadfast in their quest to destroy any vestige of a private free-market economy. The Republicans are equally firm on their supporting the Democrats.  As a matter of legislation and bureaucratic regulation, there is not a spite worth of difference between the two.

What I can say is that investors are the ones with the most skin in this game. As the economy loses steam and the value of their investments disappear, the investors will be unhappy.

Politicians may think that they are the only members allowed into an exclusive club, but they discount to zero that investors are paying the bills.

I do not know exactly how this will all turn out. Unlike some experts and other media pundits, I have no crystal ball that sees the future in high-definition. 

But what I can say with some confidence is that the politicians better watch out this time around.

Denis Kleinfeld is known as a strategic tax and wealth protection lawyer, widely published author and creative teacher. To read more of his articles, CLICK HERE NOW.


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Are you one of the investors who feels they are financially bleed to death by the government?
Politicians, Investors, Economy, Bills
Monday, 11 April 2016 07:22 AM
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