Who Took My Money

Who Took My Money?

Take a moment to look at the financial realities many of us live with. Realities How they apply to rich and poor.

School
Most people learn nothing about money at school. The rich learn about money at home.

Job
Most people get a job working for the rich.

Taxes
Taxes go to the companies that are owned by the rich and friends of political leaders in the form of bailouts. It is estimated that for every $1,000 in taxes you and I pay, less than $200 comes back as a benefit us. The rich know how to play the system. They own the businesses, make more money, and pay a lower percentage in taxes than employees do.

National debt
When the government talks about trillion-dollar bailouts, it means that for generations to come our kids will be paying for these financial rescues of the rich. Our kids will pay for these bailouts in higher taxes and higher inflation. House Mortgage payments go to the banks of the rich. If you take out a $100,000 mortgage at 5 percent for thirty years, you will pay $93,000 in interest alone. This does not include fees, commissions, and service charges.

Retirement
Most people invest in stocks, bonds, and mutual funds for their retirement. Most of this money is invested in businesses of the rich. If the investment loses money, you lose money and the financial planner, stockbroker, or real estate broker keeps the commission.

Cost of living
Who gets the money we spend for insurance, gasoline, telephone service, electricity, and other necessities of life?
The rich.

Who benefits if these necessities go up in price?
The rich.