Friday, August 10, 2012

To Single Women Concerned about Their Financial Futures

    This message is addressed primarily to women and particularly to those young single women with or without children who may now be dependent on government for their subsistence. I address this group especially, because I have heard from TV polls that this group strongly supports Pres. Obama and his socialistic agenda and likely will vote for him in the November elections.
    While I have nothing against Obama and am sure that he can take care of himself, I am more concerned about you single dependent women and what will happen to you.
    A classical story is that in the Eskimo culture, when a woman had reached old age and was no longer able to chew blubber for food or chew animal skins to soften them for leather use, she would be taken outdoors and allowed to freeze to. This may be a factitious story, but it has some semblance of truth.
    However, times have changed, and perhaps even the Eskimo culture. Still, people are concerned about getting old and how they will be taken care of in their final days of life. In our previous American culture of marriage partnerships, each partner had the responsibility to accumulate financial assets for the partnership during the early years, and which would sustain both, one, or the other in the later years of life. In my case, I have managed to stay alive till age 91. During most of these years, I was the main breadwinner, as my wife did her job in raising our children, who are now adults and quite independent of our help. Women generally live longer than men, and will usually need these assets. As an example, consider the large number of Jewish widows living well in Florida, based on the forward planning of their marriage partnerships.
    Some say that the partnership financial program sacrifices women's personal liberties. My wife had the independence and dedication to obtain a college degree, through her own financial efforts, and was working as a town hostess during our courtship. After marriage, she worked in a furniture store, had a time and motion job, became President of the local PTA, Chair Lady of the British-American Club in Milano, Graduate Assistant in the Dale Carnegie course, and started an employment company. In addition, she took advantage of opportunities for world travel with me. At the present stage of her life, she says that she has had a full satisfying life and now enjoys these later years living in the same town with two of her grown and independent children.
    Conversely, many of you independent women have chosen a different route involving concentration on personal liberties as opposed to developing a partner relationship to sustain you through the present years and your lives in old age. You have not done this blindly. You knew very well that you would likely be needing sustenance in your old age. You possibly planned on the support by your children, but more likely you are planning on continued Federal handouts, such as food stamps, rent and utility subsidies, Obama care, and the like.
    However, I caution you that our Federal government, from which you now draw or plan to draw these benefits, is deeply in debt, and will likely be unable to continue your sustenance, as money runs out and it is no longer able to find lenders. You may think that the government also has the alternative of taking my assets, but I assure you that I will use every imaginative approach to avoid that happening. Even so, the kitty of confiscation will be so small as to be insufficient to supply the needs of you and all others in similar situations.
    The good news is that it is not too late for you to change course. It only requires a change in attitude and a two-prong program. The change in attitude must be reliance on self-capability rather than government support. The two-prong program must involve your assistance in changing government programs so that you can develop and exercise your self-reliance, followed by your judgment as to whether your personal capability is sufficient or whether a partnership would better assure assets for your old age.
    My advice is to convince yourself of the necessity for self-reliance, as opposed to the certain doom of government support. You then assist your program by voting AGAINST Obama in the forthcoming election.

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