During and after the bank bailout reports of bankers committing suicide were plentiful. A friend
in another state shared a story with me about an AF American man who had been faithful and loyal to his company for 30 years.
He did not know that his company was on shaky ground and about to collapse. The owner of the company, who was also the
director of a bank, committed suicide and the company began to instantly crumble. Properties were sold. Buildings
were shut down. Hundreds of faithful and loyal workers, including the African American man, were dismissed permanently.
None of them received the pension they thought was due them. Hundreds of lives were destroyed because of the actions
of the owner who killed himself. But, the company was saved and was sold to a larger company. The family who owned
the company got their money but the people who helped to build their company were left with nothing. These people were
told they were family and that the company would take care of them. The company kicked them to the side of the road
at a time in their lives where the ages of these workers would make it almost impossible for them to get another job.
The 20th century pension is gone. No company in America can pay you a pension and compete with the world market.
Corporate tax in America has just been lowered from 38% to 21%. The next day China lowered it's corparte tax from 10%
to 0%. Regardless of what you have been promised by you employer, in the future it could be very difficult for the company
you work for to earn enough money to pay you a pension.
We are involved in
a dangerous economic war with China and other nations. If the people in America do not wise up and realize this, they
will be speaking Chinese and living in a shipping container for a home eating three bowls of porage a day with no hope for
a better life. This is not a joke and I know you do not like to hear this. Things change. America has changed.
The America I knew as a teenager no longer exist. Now more than ever you must depend on your own self reliance to provide
yourself and your family with the life you believe you deserve. Help is not on the way. No one is coming to save
you. You can live your life as a victim or you can find other ways to secure your future.
Writer, John Rodgers