Friday, July 1, 2011

I Told You So

t has occurred. The experts say I must change from retirement to work. I have told you during the 2008s that will happen. I even said so on interviews that I have attended when they asked about my retirement.

During the 1940s, 50s, 60s, and 70s, engineering drove our economy. It pulled us out of the Depression; it pulled us through three major wars (WW II, Korean War, and Vietnam War). It re-builds the world after the big war; it made us Number One in the world. Foreigners used to say that the difference between a rich American and a poor American was that poor Americans washed their own Cadillac.

During the 80s and 90s, marketing ruled our economy. We started the slid downward. It was said that anything would sell if the packaging was attractive enough. “A sales person could sell manure with the right container.”

In the 2000s and 2010s, Wall Street and Investment Bankers have taken over. We do not have the money or other forms of wealth. We must borrow two pennies to rub together. I have always heard that Wall Street was another form of money transfer. Wall Street is our Welfare reverse. It is a system to make the rich people richer and future wealth people slower to obtain, if not poorer..