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May 7, 2024

Financials Matter

"It's Not Just About Finance"

Without Term Limits the Markets Will Die

It’s bad enough that Wall Street and DC have been in bed together for over 100 years. And if we don’t somehow get term limits in place the markets will die.

 

Unfortunately, the corruption of government servants is now “in your face” obvious and a plague on our society.

To prove a point, all you need to do is look at the number of Congress Critters who’ve been in office 20, 30, or even 40+ years (Cough! O’Biden, Pelosi, etc. Cough! Cough!) and see what they’ve accomplished.

These blood suckers’ accomplishments are basically slim to none…and slim left town.

They spend most of their time seeking re-election instead of working for the people they swore to protect.

And certain politicians go as far as saying that Social Security is an entitlement or some kind of charity/handout.

Huh?

Ironic, isn’t it?

You pay into SS for 30-40+ years and they call it an entitlement?

Look at some of the Congressional benefits that they very conveniently overlook:

 

  1. Free healthcare (Premium benefits)
  2. Outrageous retirement packages
  3. 67 paid holidays
  4. Three weeks paid vacation
  5. Unlimited paid sick days

 

And their starting salary is a whopping $174,000.

Is it any wonder why, once elected, politicians constantly seek re-election?

Without Term Limits

Here’s the point.

The markets know that politics in DC will eventually force money to move elsewhere.

And the smart money always moves ahead of the crowd.

The big question is, WHEN.

A lot of this hinges on whether or not we can vote in term limits.

Why?

Without term limits Congress critters will keep bleeding the taxpayers while stuffing their coffers.

In other words, “nothing will change.”

They’ll also continue their freakish reality show in front of their bought-and-paid-for presstitutes to make it seem like they have your interests in mind.

As the saying goes:

 

Politics is show biz for ugly people.

Unfortunately – or maybe fortunately – the imminent loss of confidence in government is where this circus is heading.

Once it’s gone all bets are off.

However, don’t be fooled by the markets knee jerk reactions that we’ll likely see in 2022, The Year of a Man-Made Depression.

When all hell breaks loose, they’ll be the first to say: “I’m shocked I tell you…shocked!  Who could’ve foreseen this happening?”

Don’t be shocked.

And learn how to stay on top of it by going (HERE).

Share this with a friend…especially if they believe in term limits.

They’ll thank YOU later.

We’re Not Just About Finance.

https://www.financialsmatter.com/connecting-the-dots/

 

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