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Thursday, March 7, 2013

More Americans Raiding 401k's--China Prospers

CBS reports that more Americans are raiding 401k retirement accounts to pay bills. Could it be because the economy is worse than the Government and the MSM wants to acknowledge? That Obama's crony-capitalism and job-killing regulations aren't reviving the economy?

On a related note, NBC reports that China is on track to becoming the world's top luxury car market. Who knew that becoming a wealthy society depended on creating wealth (as opposed to merely shuffling it around)? Not our ruling class. Who is John Galt? Apparently some guy in Shanghai.

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