Do you notice excessive advertising in live and recorded
phone calls and TV ads? During the
2000s, we got excessive calls to refinance our mortgages. We all know how that
turned out. The only home refinancing that made sense was getting out of the 30
year loan and replacing it with a 15 year loan.
Lately, we’ve been told to buy gold and silver, but these
prices are in deflation right now and are being manipulated. Inflation is being
held in check by commodity deflation, shipwrecked economies, massive government
debt, low demand, depressed consumer net income and the tanking of the current
corrupt global economy. The massive government debt and money printing by the
Fed will result in the 25 year-long global depression we are entering now.
Reverse mortgages on our homes is the second most
advertised new thing, but having a house paid off offers more value to most
seniors. It is the big asset we can turn
into cash, if we need cash to buy groceries.
We also get calls for Obamacare, which is a really bad
deal. Most of us are better off self-insuring our healthcare.
TV ads are full of drugs for everything and health
services. When it comes to these, less
is better.
We get calls for cruises, security systems, donations and
other things. I always pass.
During election cycles, we get calls, letters and emails
from candidates asking for money. If we restricted campaign contributions to
their prospective voters, we could get politicians to work for us and political
campaigns would cost a lot less.
I always wondered how monopolies can justify spending
money on ads and how large corporations can justify spending money on
donations, public relations and political campaign contributions.
Norb Leahy, Dunwoody GA Tea Party Leader
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