Aug 9, 2008

Posted by John Loeffler in Premium | 0 Comments

Rich Man Poor Man: Socialism in Action

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08/09/2008

Wow! It’s quiet. Congress isn’t in session, so we’re safe for a while.

We’re doing summertime perspective pieces. Two mini-series kick off today. The first is the view of where America is headed seen through the eyes of people who grew up in Nazi Germany or behind the Iron Curtain; lessons from the past applied today.

The first guest in the series is Paul Mladjenovic, author of “Precious Metals Investing for Dummies.” (www.supermoneylinks.com) Paul grew up in communist Croatia. He is a passionate advocate for free markets because his family has seen the toll socialism takes on a society.

Then the second mini-series examines the bewildering number of stupid prosecutions occurring at the federal level. This is something you need to be aware of in case you’re on a jury. Career law enforcement professional Steve Doran returns detailing an absurd prosecution which was resolved in favor of the defendant by a smart jury just a couple of weeks ago.

Socialism always promises great things and seems to work as long as no one has to pay the bill. Once the bill comes due, society groans under the load of accumulated debt. The end game of socialism results in a small group of fabulously wealthy people at the top and everyone else impoverished at the bottom. John’s boralogue rotates around this theme.

 

Want more resources on these topics? Here are some previous programs you might find interesting:

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