AMERICA: Drunk On Other Peoples’ Money
By Ilene Davis, CFP // October 9, 2013
Imagine you know your son is an alcoholic. You’ve been bailing him out of trouble for years by making his house payments, car payments, and giving him money to feed his family, even to take vacations. You have used up all your savings and are struggling to pay your own bills.
This son has a key to your house, but you keep all your alcohol locked separately so he is not able to get at it.
When you get home, you find him drunk, trying to get into your locked liquor cabinet. He asks you to open it, or at least give him money to “make his house payment.”
You love your son and his family. You don’t want him to feel bad. What do you do?
Now imagine we are talking about the American public and their enablers in dependence, most Democrats and a few Republicans.
Millions of Americans are demanding that the government keep borrowing, or confiscating, money from other people so they can keep getting the OPM (other people’s money) to which they have become addicted.
The government is effectively underwater. Politicians, handing out money to “OPM addicts,” want even more tax dollars to give away, and if they can’t get it in taxes, they want to be allowed to borrow more, even though they already owe around 5 times the government’s annual income, not counting things like Social Security and Medicare promises.
Would a person who loves America really want the government to keep borrowing or taxing until the whole country ends up in the gutter with his son?
Ilene Davis, a resident of Brevard County since 1971, is a Certified Financial Planner with a bachelors degree in Mathematics from the University of Michigan, a bachelors degree in Accounting from Rollins College, and a Masters in Business Administration from Webster University. Ms. Davis became a stockbroker in 1982, earned her designation as a Certified Financial Planner in 1984, and with a desire to serve clients more on her own terms, opened her own financial consultant office in Cocoa Village in 1986. She is committed to helping each client create their own “Financial Freedom Fund,” and believes strongly in free market capitalism and a “hand up rather than a hand-out” as the best path to prosperity.