VIEWPOINT
Children, grandchildren to pay higher taxes

The Social Security ponzi scheme is poised to collapse. Just recently, the Federal Reserve chairman spoke before Congress and informed Congress, what congress should have already known. Congress has been kicking the Social Security ponzi scheme from Republican to Democrat and back again. There is no free lunch.

You can be assured that in the future you, your children and grand children will pay increased taxes. Congress is not likely to cut cost when Social Security cash flow starts to reverse and cash flows out of Washington. Higher Federal taxes mean states will be in a bind for cash also. Look for a tax grab at the state and local levels before Washington moves.

Whether you are near retirement or just starting your first job, you should make every consideration to ensure the highest quality and highest return on investment you can. Then enjoy as much as you can, for as long as you can.

Congress must realize what this is doing to the economy of the American people by allowing the dismantling of the American Industrial base.

The most valuable resource to any society is the citizens and their abilities to produce products and or services to bring wealth into the community.

Consider wisely your options to maximize your work and income opportunities and consider why congress and the administration has chosen to send your money, work and job overseas.

Ask the presidential candidates about quality jobs in America. Financial Freedom is the cornerstone to all other Freedoms.

Danny G. Goe

Mexico, Mo.