Once upon a time their was a goose that laid golden eggs, otherwise known as the American economy. For decades the goose delivered the eggs and everyone prospered. It was very important to protect the goose from the greedy that would want more than the goose could produce, therefore there were regulations that protected the goose. This worked for decades until the American people started to forget the 1920’s, the last time the goose was killed. In the 1980's the powers to be decided to listen to the wizard Alan Greenspan who said that the goose could give more gold. Alan, in the name of his God, Ayn Rand, assured everyone that guarding the goose wasn’t necessary. He said that instead of regulating the amount of gold taken, we should let the smart business minds decide on the amount to be taken. After all, he said, they would never kill the goose because that would be against their own best interest. Many other economists cried out that it was essential to protect the goose, but their cries went unheard. Now the goose is severely wounded and Mr. Greenspan says that no one could have foreseen the disaster. Apparently Mr. Greenspan doesnt understand greed.
A little late but the American people woke up and voted for change. Time to heal the goose. Sadly, the change didn’t materialize. Instead of getting a new doctor to heal the goose, the new president kept the same doctors that harmed the goose. Apparently the new president is powerless against the cons.
Move your money out of stocks. You wont be able to out guess the cons.