Friday, August 20, 2010

Calling out the wealthy

It's time for wealthy patriots to step up and put America back to work. Buy GM's new stock. In fact, buy any American company's stock.

Remember all that blather back in 2002 and 2003, after the 9/11 attacks, about how not supporting President Bush was unpatriotic?

Of course that was nonsense, but now I'm not kidding. The patriotic thing for wealthy Americans to do now, even Republicans, is to support the American economy by buying anything.

It will bring down the deficit. Invest in America, it's the patriotic thing do do.

And I'm not talking Tea Party here. Most tea-party advocates are middle-class Americans who wrongly think the Obama administration's efforts to stimulate the economy are surreptitious attacks on the nation's core beliefs of self-reliance and individualism.

But the news of the day suggests otherwise. Unemployment claims are going up again, meaning private business hasn't started hiring again, just as banks have refused to lend to small business.

So we call on all patriots who make more than $250,000 a year, either in investment income or from the great private treasuries of Corporate America. Step up and invest that cash you put away during the Bush years.

Buy America and help restore and preserve its position as the greatest economy on the planet!

1 comment:

  1. Right ON brother Schwab! You hit the teapot on the head... as usual.

    Folks, it's time to buy, time to hire and time to re-invest. It's now or never, because if you don't do it now, you may never have another chance...