Friday, February 20, 2009

Dow at six-year low

I'd imagine more wealth has been lost in 401K's and Keogh's and IRA's and SEP accounts and medical savings accounts than in upside down home mortgages.

There wlll be no economic turnaround or uptick in consumer confidence until the administration addresses this issue of lost wealth, lost savings and lost financial security. Because, at the end of every quarter, every one gets mailed a reminder from their plan administrators.

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