It's a lie because the government
do not have any of the money given to them on trust by millions of workers paying into their pensions each month.
They have spent it buying votes. They're hoping that the next generation will fund these pension liabilities, whilst simultaneously knowing that this will never happen (due to demographics).
If you or I did this we would go to prison for fraud.
And speaking of prison, I could go to jail for advising you on how to get wealthy. If I were to suggest that you bought a certain share for example,
that is an imprisonable offence.
That's how serious the government are about keeping you under control. I cannot help but add that the people enforcing these rules are living off money extracted with menaces from innocent people. In other words their salaries are paid out of taxation.
They, and millions of their supporters, see absolutely nothing morally wrong in prosecuting people who are attempting to give financial advice, whilst themselves living off the proceeds of a shakedown racket.
It's a funny old world, as they say.
If you want to become wealthy you need to wake up to a harsh truth which is this:
What is good for the individual (financially) is not necessarily good for the country.
The ultimate example of this is socialism. In its pure, ideal form (and in theory) it is good for ‘the country’ (whatever that means, stripped of individuals). But in practice it is viciously unfair towards the individual.
Here's an excellent description of socialism in practice:
A Harsh Lesson in Socialism
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class.
In a debate, that class had insisted that pure socialism worked and that under such a system, no one would be poor and no one would be rich. In other words, it would be a great equalizer and hence ‘a good thing’.
The main proponent of this idea in class was a student called Julia.
The professor said, “Okay, we will have an experiment in this class on Julia's idea and see what happens. When I next set a test, all grades will be averaged and everyone will receive the same average grade. Obviously that means nobody will fail, but nobody will receive an ‘A’ either. In this experiment we will be substituting ‘earned grades’ for ‘earned dollars’.”
The class agreed to the experiment.
After the first test, the grades were averaged and everyone got a ‘B’. The students who had studied hard and would normally have received an ‘A’ were upset, but the students who had studied little were happy.
They were expecting a ‘C’ or below, and got a ‘B’ instead.
Values had been confiscated from the good students and handed out free to the poor students.
As the second test rolled around, the students who studied little had studied even less (since they were being handed grades higher than they expected). The students who normally studied hard realised that there was little point as they could never get an ‘A’ under this system. They slacked off the pace and decided they wanted a free ride too. After all, if you got nothing for working for an ‘A’, and you received a decent ‘B’ for doing virtually no work, what was the point in putting in the effort? Might as well take it easy.
When the results came in, the second test average was a ‘D’! No one was happy.
As the tests proceeded, the scores never increased as bickering, blame and name‐calling all resulted in hard feelings and no one would study for the benefit of anyone else. They realised that working hard would not improve their own grade in the slightest, as long as everyone else was bunking off.
When the results came in for the final test, to their great surprise, they ALL FAILED and the professor told
them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away and hands it to the lazy or unproductive, no one will try or want to succeed.
It could not be any simpler than that.
These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:
1) You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
2) What one person receives without working for, another person must work for without receiving.
3) The government cannot give to anybody anything that the government does not first take from somebody else.
4) You cannot multiply wealth by dividing it.
5) When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
Now just in case you subscribe to
Marxism Today, there are problems with capitalism too. But these problems, bad as they are, pale into insignificance compared with the utter devastation, carnage and human misery caused by socialism.
I'm not trying to give you a political lecture here. This has a direct bearing on how rich you plan to become. You see, if you want to become a wealthy man or woman you have to step out of the sheep pen. You have to wake up to the reality of how the masses are conned by the financial system into accepting, for example, derisory returns on their money.
BEYOND WEALTH