Friday, October 10, 2008

Fear Factor




















Over the past two weeks the world has changed. Like August 1914, September and October 2008 will be remembered as the time that the old order passed away. Before September
assumptions bourne out by 60 years of post-war thought were in place.

America & Europe and the system set up after World War 2 functioned. People who had saved and invested for the past 30 years and are now retired were secure and their were problems but they could be over come.

It appears that that world is gone.

I am 41 and for most of my life I have worked in Business Publishing and events. I look around having survived the .com boom, housing boom and various recessions and I cannot find the intestinal fortitude to know what to do?

My parent's are losing their retirement savings.
My company is constricting.
My neighborhood is full of foreclosed houses.

The fact is that America is in decline and the whole thing appears to be unraveling. Because of greed and financial mismanagement and deregulation the world that was constructed in the West is coming apart. As we look at the new powers in the world, China, India and Brazil we realize that much of the liberal openness of Europe and America is now ignored or distained.
We are in the new world and fear reigns.

I watched a You Tube of a Mc Cain rally where the people beyed at the candidates spewing hatred the way Germans did in the late 1920's . This type of world in the 1930's led Germany to Hitler and America to Franklin Roosevelt. I wonder what choice we will make now? Do we still have a Roosevelt in us?

1 comment:

Retiredebetfreehappy said...

Hi Raymond If you have been with your employer for a while and have established that you are a valuable asset to the firm, it may be time to ask for a raise. Before doing so, be sure to document your contributions to the organization and the ways in which you add value. Also, consider whether the amount you intend to ask for is comparative to the results you have produced for your company. There are quite a few services that provide information on the average salary for certain job types and locations. A copy of such an analysis would go a long way in helping to make your case. Most employers will give fair consideration to a reasonable request for a salary increase.

RetireDebtFreeHappy - retirement plans, retirement planning calculator, retirement planning, early retirement planning, retirement savings, retirement investments, financial planning for retirement, saving for retirement, retirement income, retirement funds