Tuesday, April 22, 2008

Voting for the proper deal

Last time we talked about finding a mentor, and developing a "board of directors". Today, we will talk about our local, state, and national government. For all of us to be profitable in the real estate, stock, bonds, REIT, etc., markets, we need to develop our government officials into what and who we want them to be. This is a not-so-subtle hint for voting for our officials, whether they are running for president of our country, or county prothonotary official. It is very important for us as U.S. citizens to individually analyze the situations facing our nation, and vote for the very best person based on their ability. In the investment ring, whether you know it or not, you are endorsing capitalism, which according to American Heritage Dictionary is an economic system in which the means and production and distribution are privately or corporately owned and developed. See dictionary link below.

Audio Help (kāp'ĭ-tl-ĭz'əm) Pronunciation Key n. An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.

In laymen's terms, this means that our profit is our own. Not like in Socialism. Then the government dictates the terms, the profits, and everybody gets a share regardless of their knowledge, ability, or position. So, in a Capitalist society, we would have to make decisions for ourselves, develop ideas, gain knowledge, and overall, increase our marketability to the world. If we hire a public servant (vote), then that person needs to be working for us, and not the government as an entity. We would have to research that person's experience and history, and base our decision off of these facts. That person needs to be of good character, no hidden issues, experienced, and most of all teachable. Since the person running for public office is a servant for the general public, and we, as citizens, vote these people into office, then that person has to have a servant's heart, to write the best laws, research the issues facing the nation, and develop a team of trustworthy people that will be able to help him/her serve his/her constituents better and more efficiently.
I will now get off my soapbox, and let you get back to business. Just think about what our nation would be like without businesses. Talk to you soon.

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