Why the Constitutional Freedoms We Enjoy are Important for Your Economic Security

Dec 12, 2023

 Why do I share current events and political policies on a financially focused show? Economic freedom is freedom. The famous statement in the Declaration of Independence "Life, Liberty, and the Pursuit of Happiness" was almost "Life, Liberty, and Ownership of Property". The founding fathers understood the power of economic freedom.

 

The founders also understood the tyranny of an overzealous government. They lived under a dictator. A king is a dictator in fancy robes. Absolute power corrupts absolutely. 

 

The founding founders accurately predicted that governments would constantly attempt to acquire more power. More government power results in less freedom for the people. Ronald Reagan was correct when he stated "Government is not the solution. Government is the problem".

 

This is why the Constitution was written to limit the power of government, not the other way around. In fact, the 10th amendment in the Bill of Rights states "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people." The Constitution lists the powers of the federal government. The powers not listed are for the states or the people.

 

I describe myself as a Constitutionalist. The Constitution is the supreme law of the land. We need to honor the Constitution and get back to its intention. We need a 1776 rebirth of freedom. If we did that as a country, it would be the greatest economic boost in human history. Life would improve substantially for more people than ever before.

 

 

Your Personal Bank allows you to earn cash flow on money you spent every year for the rest of your life! This can help you offset inflation.

 

Interest rate sensitive assets will thrive while asset values on most stocks and real estate will suffer. 

 

Your Personal Bank dividends are interest rate sensitive and will thrive in a higher interest rate environment. Dividends are likely to increase for the next several years due to higher interest rates. 

 

Your Personal Bank funds grow income tax-free and you can access tax-free. This shields you from likely higher future tax rates. You can grow your money safely, with guarantees, tax-free, and highly liquid.

 

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