Thursday, August 18, 2011

Farenheit 401k



Ray Bradbury told us of a future world where the firemen torched books in Farenheit 451, the temperature that paper ignites. Today it’s Wall Street that torches the stocks and bonds of firemen, teachers and everyone in the middle class with a 401k account. And it isn’t fiction. Nest eggs are going up in smoke by the trillions—with a T. What to do? Fight fire with fire. Extinguish Wall Street. Dump your broker and your 401k plan. Shred your credit cards. You will nevermore fear the economic volcanoes erupting around the world. I once heard a very wise Unitarian minister speak from the pulpit. He said, “Brother, if you want to be free, pay cash.”

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