Thursday, September 30, 2010

Listening now...

The Discipline Investor 09/19/10 episode 179

Investors Business Daily article. Federal payments to individuals stood at 16.4% of GDP in 2009, 2.2. trillion, 37% rise since 2006, highest ever.

-Mike Tanner

1/6 Americans are receiving some form of government assistance.

Government welfare programs - throwing money at poverty without fixing the problem. Not helping the entrepreneurial spirit.

Stagnation in the entrepreneurial spirit - what made this country great.

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