Comments on: The Truth: What Obama and McCain won’t tell you about your money http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 14 Mar 2010 14:42:13 -0700 http://wordpress.org/?v=abc hourly 1 By: Ramit Sethi http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-95516 Ramit Sethi Sat, 18 Apr 2009 21:14:17 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-95516 Cliff: If you truly unsubscribed and still received an email from me, please send me an email and I'll make sure you're removed. I don't know what the hell any of the rest of your comment meant (nor do I think anyone else does), but I want to make sure you're unsubscribed if you want out. I also noticed that you're commenting on a post that's months old. Cliff: If you truly unsubscribed and still received an email from me, please send me an email and I’ll make sure you’re removed. I don’t know what the hell any of the rest of your comment meant (nor do I think anyone else does), but I want to make sure you’re unsubscribed if you want out. I also noticed that you’re commenting on a post that’s months old.

]]> By: Cliff Fraser http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-95508 Cliff Fraser Sat, 18 Apr 2009 18:47:56 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-95508 I am not quite sure how I came to receive another email from iwillteachyoutoberich.com having unsubscribed to this drivel months ago. I just got fed up with the blinkered economics that accept the status quo as being 'normal' and arguing from an already shaky baseline. Of course every American should own their own home, for christ’s sake they don't actually cost an arm and a leg to produce, and there’s absolutely no justification in spending two lifetimes worth of income to buy one.. The false values that property currently attains or loses is a function of a corrupt financial system. A system where a vast swathe of the population that creates absolutely no real wealth live like parasites on those who actually create the real wealth, on the people who make all the things we all judge our wealth by. And the ironic thing is that it’s the wealth creators that are forced to go cap in hand to the banks to borrow back the wealth they created to buy back the very things they made in the first place. If you want to see it all for how it really is, take more than one step back, throw away the blinkers and take a really good look around, and hope to your god you’re not around when the wealth creators wake up. I am not quite sure how I came to receive another email from iwillteachyoutoberich.com having unsubscribed to this drivel months ago. I just got fed up with the blinkered economics that accept the status quo as being ‘normal’ and arguing from an already shaky baseline. Of course every American should own their own home, for christ’s sake they don’t actually cost an arm and a leg to produce, and there’s absolutely no justification in spending two lifetimes worth of income to buy one..

The false values that property currently attains or loses is a function of a corrupt financial system. A system where a vast swathe of the population that creates absolutely no real wealth live like parasites on those who actually create the real wealth, on the people who make all the things we all judge our wealth by.

And the ironic thing is that it’s the wealth creators that are forced to go cap in hand to the banks to borrow back the wealth they created to buy back the very things they made in the first place.

If you want to see it all for how it really is, take more than one step back, throw away the blinkers and take a really good look around, and hope to your god you’re not around when the wealth creators wake up.

]]> By: Mark http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-95369 Mark Thu, 16 Apr 2009 18:19:19 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-95369 WOW Im impressed at this all WOW Im impressed at this all

]]> By: Joe Yeung » The Economic Depression: What To Do? http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-90789 Joe Yeung » The Economic Depression: What To Do? Mon, 02 Mar 2009 18:46:03 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-90789 [...] Sethi from the I Will Teach You To Be Rich blog just wrote a post, The Truth: What Obama and McCain wont tell you about your money, talking about some things that neither presidential candidate will tell the American people about [...] [...] Sethi from the I Will Teach You To Be Rich blog just wrote a post, The Truth: What Obama and McCain wont tell you about your money, talking about some things that neither presidential candidate will tell the American people about [...]

]]> By: How Low Can Your 401(k) Go? | Retirement News Blog http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-89625 How Low Can Your 401(k) Go? | Retirement News Blog Thu, 19 Feb 2009 02:47:38 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-89625 [...] I Will Teach You to Be Rich shares his take on the financial crisis. [...] [...] I Will Teach You to Be Rich shares his take on the financial crisis. [...]

]]> By: How Low Can Your 401(k) Go? | 401k News Blog http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-89402 How Low Can Your 401(k) Go? | 401k News Blog Tue, 17 Feb 2009 15:05:55 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-89402 [...] I Will Teach You to Be Rich shares his take on the financial crisis. [...] [...] I Will Teach You to Be Rich shares his take on the financial crisis. [...]

]]> By: How to earn money http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-82323 How to earn money Mon, 01 Dec 2008 04:20:06 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-82323 What an amazing read! And yes, you're absolutely right. What an amazing read! And yes, you’re absolutely right.

]]> By: Tim http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-78776 Tim Sun, 02 Nov 2008 19:45:55 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-78776 it must be nice to be able to worrie about all this money everyone seems to have. "balanced portfolios" or just portfolios in general are a luxuiry that most people dont have. we need jobs and population controll. let me make that dollor and then ill worrie about my "portfolio". it must be nice to be able to worrie about all this money everyone seems to have. “balanced portfolios” or just portfolios in general are a luxuiry that most people dont have. we need jobs and population controll. let me make that dollor and then ill worrie about my “portfolio”.

]]> By: Bonds man http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-78422 Bonds man Thu, 30 Oct 2008 12:47:14 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-78422 It's a crisis, but it's not as bad as it seems. Warren Buffett is buying bank stocks... That should give us all a sign. It’s a crisis, but it’s not as bad as it seems. Warren Buffett is buying bank stocks… That should give us all a sign.

]]> By: Nellie http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money/comment-page-3/#comment-78245 Nellie Mon, 27 Oct 2008 20:32:19 +0000 http://www.iwillteachyoutoberich.com/blog/the-truth-what-obama-and-mccain-wont-tell-you-about-your-money#comment-78245 One reason Americans became eager to buy homes is that landlords were unscrupulous until laws were enacted that restricted them from certain practises. I understand that some people got carried away and bought more than they could afford, etc. what I don't understand is the remarkable self-righteousness of those who "knew better." Maybe not everyone "deserves" to keep their home, but there does need to be some regulation that doesn't allow predators to prey freely. Regulation is good when it reins in greed. It's even good for the greedy. Anyone who applies Darwin's theory of evolution to the market, should reread Origin of the Species. There is evolutionary sense in protecting a community from predators. Note Canada's banks remain solvent. One reason Americans became eager to buy homes is that landlords were unscrupulous until laws were enacted that restricted them from certain practises. I understand that some people got carried away and bought more than they could afford, etc. what I don’t understand is the remarkable self-righteousness of those who “knew better.” Maybe not everyone “deserves” to keep their home, but there does need to be some regulation that doesn’t allow predators to prey freely. Regulation is good when it reins in greed. It’s even good for the greedy. Anyone who applies Darwin’s theory of evolution to the market, should reread Origin of the Species. There is evolutionary sense in protecting a community from predators. Note Canada’s banks remain solvent.

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