My father never owned a share of stock in his life. He was born miserably poor and he died that way without achieving any measurable wealth. It was not until my mid-30s that I owned a single share of stock. Indeed no one had told me how to do it. I was always a saver, but inflation and taxes on interest make savers in America the ultimate suckers. Our educational system, at least in my neck of the woods, was woefully neglectful in teaching economic survival and wealth building. All I know of economics and wealth building I had to learn on my own and I learned some hard lessons in those early years. Eventually, I made a significant amount of wealth through investment and ownership of common stocks. There is no other way that I could have made this kind of wealth without stock ownership. Even the severe recession since 2007 has not changed my view on this. I am still far ahead of the game.

In a Socialist nation that Leftist Democrats are working so hard to establish, it would be quite impossible for a person of my academic credentials to do anything more than the most menial of labor. And I know that my fate in this progressive nation of equals would not matter squat to socialist elitists like Nancy Pelosi, President Obama and the late Senator Kennedy. What is happening in America today, and I hardly need a physicist to explain it, is that we are making wealth creation a crime. You do that by raising marginal tax rates and corporate taxes and regulating business to the point where it becomes unprofitable to conduct business. Socialism will always fail because sooner or later you run out of wealth creating people to rob. Robin Hood government soon finds that no one has any further interest in taking the trail through Sherwood Forest.

As a stock owner, I don't need to put on my glasses to see the handwriting on the wall. America is living through an era in which all good things are perceived to come from government, particularly the Federal government. The bureacracy, the educational establishment, the mainstream media and the culture all seem pretty much in lockstep on this and it will be some time before this attitude can be changed. The small minority who create the wealth in any nation throughout history are being punished and wealth is being driven from our shores.

There are no such things as economic patriotism or economic treason. Those are progessive terms that have no meaning in the real world of wealth creation. I will only own stocks that are global, primarily commodities in nations that do not have idiotic policies about petroleum exploration and drilling, and companies with international franchises like say Walmarts or Philp Morris International. Doubtless, I am still among the 99.9999 percent of the human community that own just 20 percent of world's market capital, but without the .00001 percent who own the 80 percent, I would live and die in miserable poverty as my father did. I thank the rich every single day of my life, for without all that they do, the rest of us would own very little and only what some government bureaucracy might think that we needed to serve the state.