There’s a debate about Wall Street and Main Street. Let’s review: when Wall Street was prospering, Main Street was prospering, when Wall Street suffered, Main Street suffered. People want to say it’s okay to punish the people on Wall Street but they don’t want to hurt Main Street in the process. Well, you can’t. Wall Street is the backbone of Main Street. Main Street should be doing it’s best to repair Wall Street by investing and paying their obligations as they signed a contract to.

Main Street was happy to take gobs of money from Wall Street but when the bill came, Main Street decided they didn’t have to pay. Now Wall Street is suffering and Main Street is playing the victim. Wall Street signed a contract with Main Street. Wall Street held up it’s end of the bargain. Main Street didn’t. And now Main Street wants to blame Wall Street.

Obama promises to provide health care, mortgages, and retirement to people. Currently Wall Street provides those things. Main Street seems to believe that a) they don’t have to pay their debts to Wall Street and b) the government will allow it and replace the roles of Wall Street.

Are people really that stupid?

Do they really believe that the government can provide the kind of retirement that Wall Street can? Compare a 401(k) to social security. There is no comparison. A 401(k) can allow you to retire rich even through down markets. Social Security is going bankrupt and even when it’s full of money only provides barely enough to live on.

The government cannot afford to insure all Americans will quality health insurance. It takes Wall Street to provide those types of services.

The government cannot afford to give out loans of hundreds of thousands of dollars to millions of Americans so they can afford the house of their dreams. The government can afford to give you the minimum. Want a mansion? Sorry, government doesn’t think you need it and can’t afford to give you the money even though you could have easily afforded the loan from Wall Street.

Main Street feeds off the crumbs of the fat cats on Wall Street. If you don’t feed the fat cats, there will be no crumbs.

It comes back to the whole “I don’t make 200-250K now so I don’t care if taxes go up” idiocy. Wall Street is there to make you successful. The left would rather the government provide them the bare minimum than educate themselves to understand Wall Street and live the American Dream.

It’s very unlikely with Obama’s proposed tax policies that the stock market is going to rally any time soon. I’m going to take this opportunity to invest as much as I can in the markets so in 4 years when someone who’s not a socialist gets in to office and undoes all the market crushing policies of Obama, I can see the return on my investing.

The people who are already retired or who will be retiring soon are screwed. All because they were more concerned about lies Obama told about McCain and social security than the truth about Obama’s tax policies that will further crush their 401(k) costing them the dream of a rich retirement.

People are so concerned about a little bit of money that they don’t see the big picture and now they’re out more money than Social Security could ever provide.