Ponzi Schemes

Well, I'm not alone. I checked in on an Investment Club that I joined to find the following:

Palm Beach Gardens investment group collected $27.7M from Ponzi scheme, SEC says

http://www.palmbeachpost.com/money/palm-beach-gardens-investment-group-collected-27-7m-762936.html

The "Club" has been in litigation with the originating company since this time last year. Supposedly the funds are frozen and all are waiting for the lawsuit trial to start in September. We'll see.

It may be asked: How can somebody as smart as me be conned into something like this. Answer: I'm only as good as the information that I am given.

I'm not alone.

Remember when President Bush was told that Saddam Hussein had weapons of mass destruction? Then when we get there, there's none to be found! (or so we're told.) President
Bush acted on information that was given to him. So who's at fault here? The President or his advisors?

So now we're involved in a Ponzi Scheme in Afganistan and Iraq. Our Government is sending assets over there, and we're not getting a return on our investment. Then, when a leading General points that out to our President, the General gets "beheaded", just like when somebody spoke out against the King in Feudal times.

Obviously our President is not capable of taking public criticism.

So, I'm not alone. It doesn't make it any easier. Fortunately, I had taken steps to lessen the impact of loss from the Club.

But, like the olde saying goes: "If you don't try, you won't know." I tried. Many things. Some successes, some failures.

And my Sister in her wisdom has advised me against making SOME mistakes a THIRD time!

Thank God for having a conscious. Even if she does live in Florida.

Keep the rubber side down, and your chins up!

Obama night on the town

I don't mind that the President and First Lady went out on a date; every loving couple should.

I do wonder who's money they used: theirs or ours.

What bothers me is that he stated he promised her a night on the town in New York City when the election was all said and done. So, now, he's fulfilled THAT promise to her, what about the rest of us?

When is he going to start helping the REAL economy? When is he going to start helping the thousands of people facing foreclosures? When is he going to learn basic math?

I just found out that a local hobby shop, Don's Hobbies, went out of business. Where's Obama's bailout money for them?

My boss is very Blue Collar. A friend of mine is a financial wizard and is very White Collar. Neither knows the other, but both can see we are on an express train to hell in regards to the economy.

Pray. Pray for your family, Pray for your neighbors, Pray for your City, Pray for your County or Parish, Pray for your State, and Pray for our wonderful country, The United States of America.

May God have Mercy on us before it's too late.