Obama's New Government Leisure Class --
Retiring on YOUR Money
Dear Fellow Taxpayer,
I read something recently that made my blood boil.
"At a time when workers' pay and benefits have stagnated," reported USA Today, "federal employees' average compensation has grown to more than double what private sector workers earn."
Did you get that? More than double. To be exact, federal employees now average $123,049 in pay and benefits, while private-sector employees make $61,051 in total compensation, according to the government's own Bureau of Economic Analysis.
That's a pay gap of $61,998 -- up from $30,415 in 2000.
And that's not even counting the absurdly generous retirement benefits that allow many federal employees to retire with lifetime pensions and health insurance after little more than two decades on the job.
Time was, government work involved a tradeoff between job security and pay -- you got more of the former and less of the latter than in the private sector. Not anymore. Now, you get the best of everything -- inflated pay, gold-plated benefits, total job security, and a cushy taxpayer-funded retirement starting as early as your mid-40s.
This is beyond scandalous. This is plunder, pure and simple. Washington is siphoning off the wealth of millions of private citizens and businesses to support a vast and growing government leisure class whose only concern, it seems, is to further augment their perks and privileges at taxpayer expense.
What can we do as citizens? Vote the bums out, for starters -- beginning with the Democratic Congress in November, followed by President Obama in 2012. But we can't stop there. We have to demand that whoever takes their place -- whether it's Republicans or third-partiers -- don't go back to big-spending politics as usual.
In the meantime, however, how can you and I secure our financial futures even as President Obama and Congress are robbing us blind?
As a politician and talk-show host, I wouldn't say I'm qualified to answer that for you -- but thankfully, I know someone who is.
His name is Doug Fabian, one of the few investment advisors today who isn't part of what I call the Wall Street/Washington "axis" -- and one of the even fewer who wasn't blindsided by the financial meltdown.
In fact, Doug started warning his subscribers back in early 2006 about the potential likely collapse of the mortgage and housing market -- and steered his readers away from stocks months ahead of the historic market decline.
And in September of 2008, when many financial "experts" were declaring that the worst was over, Doug warned his subscribers: "We could see another 10-15% decline between now and November." The market fell 15.7% over that period.
As a result of advice like that, Investor's Business Daily once proclaimed Doug "one of the best market timers in the business."
Now, if you're like me, you probably don't want to spend a lot of time investing, and you certainly don't want to spend a lot of money on financial advice.
Fortunately, Doug Fabian's flagship investment newsletter, Successful Investing, is aimed precisely at people like us.
For 33 years, Successful Investing has helped ordinary investors generate extraordinary profits -- no matter what the overall markets are doing -- by adhering to a time-tested trend-following strategy that has come to be known as the Fabian Plan.
Better yet, those extraordinary profits are the result of one of the easiest, least time-consuming, and most conservative investment approaches you'll ever find.
Best of all, Successful Investing offers you tax-minimizing strategies, so you can keep more of those profits for yourself -- and send less to the pampered members of President Obama's new government leisure class.
Let's not kid ourselves: Times are tough in America -- and with President Obama and Nancy Pelosi running the show, they're likely to get tougher. But you and I can still prosper -- if we have the tools in place to safely profit even when the market declines. A no-risk subscription to Successful Investing will help you do just that.
Click here to learn more.
fabian.com
Sincerely,
Mike Huckabee |
