Monday, February 9, 2009

Investment Crisis

What exactly is the "Investor Class?" I've see all kinds of examples mostly dealing with those who invest in stocks, bonds or other financial instruments. I did finally find one that included real estate.
To folks like John McCain the investor class is seen as the wealthy who he sees as the people who make America great. To others it's any worker who has their retirement funds managed by an investment company.

To me it has been the investment in my children and home and in the community. I worked for several years for non-profit organizations.

Today after a good career in Information Technology and some financially trying times. We moved to and bought a home in Oregon. The plan was to live in this home for 6 years and sell the home and buy a small place we could afford on a much lower income. What I'm saying is my investment like many others is my home. Like the Investor class my investment is now as worthless as Enron Stock.

We all (or most of us) work hard to have a decent life there is just something wrong when the greed of others drain the rest of us. I do feel bad for the well off whose investments failed and will have to make do with less and have to live on a thin income. I feel worse for those who never had the chance to invest in more than their car and a good TV. There are others even worse off.

For the wealthy and the corporations who make unimaginably huge profits and salaries and bonuses at the expense of everyone else and whine about the tax on their excess I feel nothing.
There are some very wealthy people I admire however who give back to the world. Bill and Melinda Gates, Bono, Oprah and many others including Brad and Angelina. Being wealthy is not a curse and being poor doesn't make you a good person.

It's time the investor class invest in their own country a bit more.

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