You Own Junk Bonds, Like it or Not | WHAT REALLY HAPPENED


You Own Junk Bonds, Like it or Not

Even if these investments pan out do you really think you will benefit? Even if these companies made a turnaround in a few years, if you are expecting some type of tax rebate as a return on this investment you are dreaming. Sure, Washington will tell you that these companies will turn around. They will tell you that this will be a great investment and you will be rewarded with tax cuts. Think again. The only winners in this massive socialistic bailout will be the banks and the CEOs who will escape criminal prosecution.

My advice to those of you with children is to start looking to move to Asia, Latin America or Europe because America 's future doesn't look good. Unless you are wealthy, your children don't stand much of a chance to live the American Dream.

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