Sunday, November 25, 2007

Watch out!

I'm completely distrustful of anyone other than God who says that they have the complete solution for any situation. I'm much less distrustful than that of anyone who has something to gain by creating and/or publicizing a "potential" disaster who then offers solutions.

It's kind of like the IRS saying with IRA's that "Sure, hold onto your taxable money. We'll give you a tax break on it," and then them failing to mention that when you withdraw your money from that IRA you'll be taxed at whatever the tax rate is at that time (which, chances are, will be much higher than current tax rates based on the fact that our tax rates since the 1980's are the lowest they've been in the 40 or 50 years before that). It's kind of like the fox watching the hen house. (Okay, so I'm in the financial services business, so this kind of thing annoys the heck out of me.)

Well, it seems someone else who has something to gain is making dire predictions about the internet crashing and burning. Check out an enlightening commentary here.

You need to be aware of this. Just because it's in print doesn't mean it's true.

- John

Currently listening to:

My kids

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