Until the government tackles entitlements, strong gold investment will remain the watchword. Posted by James Randolph on February 18, 2011
Protect yourself against government handouts with gold investments.
February 18, 2011 – Until the government tackles entitlements, strong gold investment will remain the watchword. Still, hats off to the new Representatives for putting the kibosh on the F35 engine project. That won’t put an end to the deficit, but it was refreshing deviation from business as usual. It remains to be seen, however, whether they will extend that victory into more contentious cuts.
While the House boldly struck down that unnecessary and wasteful program, state workers selfishly took to the streets, railing against their governments’ cuts to entitlements. Never mind the fact that there is simply no money to prolong the greedy nonsense that they deserve more pay and better benefits than any private sector worker. Their refusal to give up a little for the good of their neighbors says nothing was learned from the auto industry crisis.
For years Detroit was bullied into paying ever more outlandish wages and retirement benefits to the point where entry level factory workers were far better off than teachers and care providers having advanced college degrees. It was unsustainable, but rather than make concessions they drove the industry into bankruptcy.
The purpose of unions is only to ensure a safe and healthy workplace and fair wages for an honest day’s work. Benefits are a means for companies to attract and hold the best workers; they are rewards, not handouts.
The Federal Government is no different. By design it entitles us to life, liberty, and the pursuit of happiness –nothing more. How we conduct that pursuit is up to us, and we alone bear responsibility for the outcome.
For the sake of future generations we must all stand together and demand that government be our protector as intended, and not our benefactor. Until such time we must tend to our own needs by investing in certified gold.
Senior Staff Writer – Certified Gold Exchange