Why Dr. Dick Applied for Social Security After All the Bad Things He Said About It

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OK, I just had my 66th birthday. In my age group, that means I’m eligible for “full” Social Security benefits in the USA. But is you read/watched my previous post on Boomers and the Great Social Security Scam, you’re probably asking yourself, “Is Dr. Dick just a big hypocrite?” I mean, I’ve said more bad things about Social Security than Gov Rick Perry! Well, you asked for it. Here’s my rationale:

  • I paid for it. Most years, I paid the maximum FICA tax. Yes, I know if I live for more than another 5 years or so (and I do plan to!), I will have received more than I paid in. However, if I had taken that money and invested it properly… well, you get the picture. The US government is the worst possible financial adviser.
  • A number of our political “leaders” (I use the term loosely) are still claiming Social Security is fiscally stable. They believe they can keep it going by “taxing the rich.” I want to demonstrate that they are lying. If every Boomer keeps applying for Social Security when they become eligible, this lie will be exposed within the next few years.
  • As outlined in my previous post, there are some “solutions” that will at least improve the long-term viability of the system. The more fiscal pressure we create, the more urgent those solutions will become.

My first check arrives on November 23. Just in time for Thanksgiving. :-)

Dr. Dick

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Boomers and the Great Social Security Scam

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Few topics are more politically “radioactive” today than Social Security. Baby Boomers in particular are impacted by the future (or non-future) of this “social contract” between the US government and its citizens. For years, we’ve been told that Social Security has been “fixed” by Congress – multiple times. Similar government retirement programs exist in other Western countries. We explain that this contentious issue is not really about politics – although it’s certainly being exploited for political purposes in the “blame game” – it’s about MATH. Every Boomer needs to understand why Social Security is fiscally unsustainable in the long term. The video below not only explains that, but it also looks at possible long-term solutions. Yes, they are painful, but there are no options at this point without pain.

As always, we appreciate your comments and sharing this post with your friends on Facebook, Twitter and other social sites. And if you haven’t subscribed to our blog yet, zip on over to the right hand side of this page and do that right now.

Dr. Dick

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Why Baby Boomers Should Be Worried

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Yes, there’s good reason for Baby Boomers, as well as those who care about them, to be worried about their financial future. This video explains the four major challenges facing the Boomer Generation today.

Please pass this post along to your fellow Boomers, your parents if they are Boomers, and to anyone who might benefit from becoming aware of these challenges. And don’t forget to SUBSCRIBE to our blog by completing the form on the right. You won’t want to miss a single one of this video series.

Dr. Dick

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What You Need to Know About Baby Boomers NOW!

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This is the first in a series on the Boomers – why they matter (whether you are one or not), what challenges they present, and what I believe the solutions are (both individual and national/international). Hear me out:

Again, let me emphasize that I’m not going on any kind of partisan political rant here. I’m a proud independent voter who is disappointed in our political leaders, period. No, I’m not a Tea Party member (I don’t think they even have members, do they?). I just see the handwriting on the wall for Boomers and all who care about them, including their sons and daughters.

Finally, make sure you don’t miss a single video blog on this very important topic. SUBSCRIBE to this blog by filling out the form on the right. That way, you’ll get an email every time I post a new entry. And don’t forget to recommend this series to your friends, especially those who are Boomers. Thanks!

Dr. Dick

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Saving the Baby Boomers

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Save the baby whales/seals/etc., right? But what about the Baby BOOMERS? Who or what is going to save them? Do they need saving? Dr. Dick says, YES, they do. A tsunami wave is about to hit the US (and world) economy. It will mostly affect Baby Boomers (those born between January 1, 1946 and December 31, 1964), but don’t think you won’t be affected if you’re not in that group. Here’s what I had to say on this subject:

If this spoke to you, it’s time to take ACTION. Click on the “Want to Work with Dr. Dick?” on the right side of this page. Or, if you want a more detailed set of “instructions” subscribe to our blog. And pass this post on to your Boomer friends – all 80 million of them. It’s a message they need to hear.

Dr. Dick

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Mike Dillard announces Elevation Group Testimonial Winners!

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Here Are The Top 10 Testimonial Winners!

Well all of the submissions have been reviewed, and the top 10 video testimonials have been chosen!

I want to thank EVERYONE who took the time to submit a testimonial for EVG. Every single video was watched by multiple staff members, and you have no idea how much it means to everyone here on the team that has made this project possible.

The fact that so many incredible videos were submitted (over 100!), made this job nearly impossible.

But none-the-less, here are the winners! Each of you will receive a 12-month membership to EVG on the house…

And remember…

EVERYONE who submitted a testimonial will receive an invitation to a private Q&A webinar with myself and Paul Haarman on Monday the 22nd, so stay tuned for that email!

Andre Accord

Richard Pritchard (that’s Dr. Dick to you)

Dan Jay

Ricardo Lalama

Lucien Bechard

Lee Ninneman

John Elzner

Cam Carpenter
http://www.youtube.com/watch?v=cB-hbcNFRt8 &feature=email

Nathan Forrest

Jeffrey Pierce

Stay tuned for a new EVG diary entry coming soon!

- Mike Dillard

And we were certainly pleased and proud to be chosen, Mike…Dr. Dick

Why the “Rich” don’t pay income taxes in the USA or anywhere else

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The US Congress, in yet another act of political courage, adjourned themselves a few weeks ago so they could run out and clamor for our votes. They did so without addressing a critical piece of legislation: what to do, if anything, about the so-called “Bush tax cuts” that will expire on January 1, 2011. If Congress takes no action, income taxes on every American will increase, even at the height of the worst recession in my memory.

The Democrats say they want to keep the cuts for all but the “rich” (their definition – those whose taxable income – note the distinction between “gross” and “taxable” – is more than $250,000 USD per year). The Republicans say the Democrats are playing “class warfare” and that this will hurt small businesses – generally believed to be the greatest creators of jobs. Well, Dr. Dick strips away the BS for you and tells it like it is in the video below:

So don’t believe all the garbage you hear on the TV news or from the mouths of those who want your vote. Most of it is designed to camouflage the failure of this Congress, as well as its predecessors, to deal with the real issues and problems facing the USA.

Exposing political baloney for all…

Dr. Dick

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What We can Learn from the Chilean Miracle Rescue

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The whole world watched on October 13, 2010 as a miracle unfolded in Chile. Thirty-three men who should have been dead emerged from their “grave” through more than 2,000 feet of solid rock as we all watched in amazement and gratitude. What does this “miracle” rescue teach us? Dr. Dick weighs in…

Are you ready to take action and emerge from your own dark hole? Or will you choose to remain buried in financial despair? Subscribe to Dr. Dick’s Inner Circle today and take the first step to rising to the surface of the new Century.

Dr. Dick

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End of the Job: Why Jobs No Longer Matter

Categorized Under: wealth, web network marketing 8 Commented

Today, the news is filled with stories on jobs, lost jobs, unemployment, etc. Politicians are having a field day blaming their opponents for lost jobs, jobs moved overseas, and so on. What if we have it all wrong? What if “jobs” no longer matter? Dr. Dick explores a whole new way to think about work, employment, and earning a living in the Internet Age…

For reference, you can find the article from Fortune magazine discussed in the video at The End of The Job, archived from 1994. If you want to know more about how to market yourself on the web in the brave new world we are entering, wander over to the sign-up form for Dr. Dick’s Inner Circle. Give us your name and best email. You’ll start getting a series of step-by-step guidelines right away. Time to really begin to think “outside the box”…

Dr. Dick

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A Day at Magnetic Sponsoring with Mike Dillard

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Most of us think of Magnetic Sponsoring as a website, but it’s a real company with real offices in Austin, Texas. Recently, I got the chance to spend an entire day there with Mike and an Elite Mastermind group. Yes, we got the tour, saw the “wall” of successful affiliates and students, met some MS staff, and ate some great food. But we spent most of the day letting Mike take the gloves off to evaluate our websites – no holds barred. We also got lots of helpful advice from our fellow Mastermind group members. A true real-life example of Attraction Marketing in action.

As you can see, Mike was hard at work at the keyboard. The process went like this: Mike would go to our primary website (in my case, this blog) and quickly start firing off suggestions of what to change, what to remove, and what to keep – always looking at how we were branding ourselves. He asked probing questions that were focused primarily on what I call Mike’s Three Golden Rules of Internet marketing: 1) build a list; 2) build a relationship with that list; and 3) monetize the list. We then brainstormed with Mike and among the group on innovative ideas to take our businesses to the next level.

One surprise was, we were not all network marketers. We had a “brick and mortar” business training people to get CDLs (commercial drivers licenses), real estate, network marketing (of course), coaching, event speaking, general Internet marketing, etc. What we all had in common was a desire to promote ourselves and our businesses online. If you’ve followed me for long, you know I’m a strong proponent of Mike’s training courses. But spending an entire day with him and watching him in action was worth every penny I paid for this.

At the end of the day, each of us got to spend some one-on-one time with Mike exchanging observations about the day. I recorded my session in video on the Dr. Dick YouTube site. Go take a look. Even after a long day working with only 4 four hours of sleep (but that’s another story), I was still pumped!

But there was more to come. After a whole day of brainstorming, we all needed to go out and party! So we adjourned to Moonshine, a favorite local restaurant in the “6th Street” area of downtown Austin, where we all enjoyed some adult beverages and great food.

And so our day came to a close. Wow – what a fantastic experience. What did I like most? Learning that Mike is a genuine person who just wants to help and add value. Several times, he blew off any promotion of his own Magnetic Sponsoring products. His take was, use them if they add value to what you’re doing. But the most important thing to him was helping us succeed. We all need to “be like Mike” in that regard. Less promoting of our own opportunities and more adding value to those who find us.

Dr. Dick

P.S. I’d really like to hear from you on your own experiences with Mike and Magnetic Sponsoring. Tell me what you’re doing and how MS has helped you do it.

Horse Sense in Central Ohio

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Every now and then, I like to give some publicity to somebody who’s making a difference. Today, I want to focus on my friend Beckie Boger and her new business, Divine Equines, LLC. Beckie is my piano teacher, but she also has a lifelong love affair with horses. Many of you who saw the movie The Horse Whisperer can appreciate the magical connection between humans and horses.

Divine Equines builds on that by using a combination of horse interactions with trained teachers and psychotherapists to provide healing for those who haven’t improved with conventional medicine. If you know of someone in the central Ohio area who is a returning veteran suffering from PTSD, has been abused physically or psychologically, has been addicted to chemicals, is ADD/ADHD, or is suffering from any emotional challenge, you need to check this out.

From 6-8 p.m. on Saturday, August 14, 2010, visitors to an open house at Rail Fence Farm, 244 St. Rt. 314 Centerburg, Ohio will have a unique opportunity to learn about the emotional healing programs offered to the Central Ohio community by Divine Equines, LLC. Divine Equines is an Equine Assisted Psychotherapy counseling practice whose mission is to offer children, teenagers and their families creative, experiential activities and interactions with horses that allow for healthy emotional awareness and healing in the arena of life.

“Horses don’t lie,” says Beckie Boger, the Divine Equines founder, “and can challenge us to dig deeper to find out the truth behind the patterns of our emotional lives.” Boger, an Equine Assisted Emotional Growth and Learning Association ( www.eagala.org ) Certified Equine Professional, follows the EAGALA model of counseling by partnering with Mental Health Professional Helen Cantrell, a 40-year Licensed Independent Social Worker. All activities take place on the ground and no riding skills are necessary.
“We invite anyone who is curious about Equine Assisted Psychotherapy to our open house to meet and greet and graze with us and our wonderful horse partners,” Boger said. “We look forward to sharing our program and vision with our visitors.”
For more information about the open house or services provided by Divine Equines, contact Beckie Boger at 740-625-5661, or on the web at www.dequines.com

No commercial messages here. Just a public service announcement to all those who follow me. Come on over to Beckie’s open house this Saturday.

Dr. Dick

Are You Ready for the Economic Aftershock?

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Not long ago, I finished reading Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown. This book was written by David Wiedemer, Robert Wiedemer and Cindy Spitzer, three “renegade” economists who tend to be contrarian toward conventional wisdom. They might be written off with other “prophets of doom” except for one thing: their previous book, America’s Bubble Economy, which was published in 2006, very accurately predicted the housing collapse, the investment banking collapse, and the major recession that hit the US (and world) economy in 2008. The authors said in the first book that economic growth since the early 1980s was driven by a series of “bubbles” – artificial inflation in housing prices, the stock market, “net worth”, etc. – and not by real growth in productivity or market value. If you look at it logically, how could housing prices rationally rise by 100% during a time when real wages rose only 2-3%? The answer is, they can’t unless they are being artificially inflated by speculation. So for all the blame being passed back and forth between Democrats and Republicans, the existence of these “bubbles” was fairly easy to see without a PhD in Economics.

Now in Aftershock, the authors say, in so many words, it ain’t over yet. While all the politicians and stock market cheerleaders are busy proclaiming we are on the road to recovery, the authors say there are two more bubbles yet to burst: the “government debt bubble” and the “dollar bubble”. Honestly, I wouldn’t give this book half as much credibility were I not hearing the same message from Mike Dillard, founder of The Elevation Group; Jay Kubassek, the founder of Carbon Copy Pro; and Robert Kiyosaki in his book Conspiracy of the Rich. I’m continually amused by the political “blame game” for the exploding US national debt, because I’m old enough to remember Lyndon Johnson trying to tell the US public that we could afford “both guns and butter” during the Vietnam war. It wasn’t true then, and it isn’t true now. Every single US President and Congress since LBJ has, in one way or another, told the same lie about spending – and that includes 5 Republicans and 4 Democrats by my count. Yes, deficit spending ballooned explosively during the final year of George W. Bush and the first two years of Barack Obama, but it all began back during the 1960s. What we’ve seen recently is just the “chickens coming home to roost”, as we used to say down where I grew up – the futile attempts of the power elite to keep their house of cards from collapsing. Every family knows you can’t run up your credit cards forever and get away with it.

The Aftershock authors make the following bold predictions: within the next 3-5 years, the US government will actually reach the point where its foreign investors will no longer be willing to loan them more money. At that point, the US government will do the unthinkable – it will default on its loans and “start all over again” – effectively declaring a national bankruptcy. But there is a consequence. Without being able to borrow money, the government will be forced to balance its books to the maximum possible extent. Large portions of the US economy (including the industry I worked in for 45 years) are dependent on government spending to keep them alive. The combination of much higher taxes and drastic reductions in federal spending will cause the stock market to collapse to roughly 25% of its current value. Unemployment will rise to Great Depression levels (20-30%). I predict you will see a major stock market “correction” in early 2011 when the Bush tax cuts expire. Millions of Baby Boomers will see their retirement accounts take a major hit for the second time in two years. And that’s only the beginning.

But there’s more. Besides spending money we don’t have, the other major financial mistake the government has made is to continually devalue our currency – the US dollar, no longer backed by gold, floats with other world currencies. Many other nations depend on the strength and value of the US dollar for their own currency’s stability. The government devalues our dollars by simply printing more paper money when they want to keep spending. When the “dollar bubble” finally bursts, there will be rampant, double-digit inflation (10-20%). Hyperinflation in US dollars will impact all world currencies. The authors of Aftershock say it will take almost 20 years for the world economy to recover from these “aftershocks”, but when it does, things will be “better”. By that, they mean the world economy will return to sanity.

Will these things actually happen, and if they do, how can a person protect themselves and their wealth? These authors say the critical actions to take are to get completely out of the stock market as soon as possible (including all the funds in your 401-K); get out of real estate investments; and get out of long-term bonds and fixed rate investments. Well that doesn’t leave much other than silver and gold. Even with gold, they say to be careful. Read the book if you want details.

Now I’m not sure if things will actually reach the point predicted in Aftershock, although it’s certainly troubling to see other people I respect voicing the same concerns. And as an old military guy, I have other worries these authors seem to be naive about. They don’t see this economic turmoil leading to war, but I do. Look at what happened to Germany in the 1930s based on hyperinflation and economic depression. Will it happen again? I hope not, but I wouldn’t rule it out. Many wars have been started because of economic downturns and scarcity. It could happen again.

But what can we do as individuals to protect ourselves? First, we can hold our local and national governments accountable for spending. Second, we can turn to the one income source that does not seem to be impacted by the various collapsing bubbles: the Internet. I created this website to advise and help people who want to tap into the Internet Gold Mine. The time to get involved and create your own gold mine is now. You don’t have much time left. Learn all you can as quickly as you can about how to create a viable business on line that has a strong cash flow. As Robert Kiyosaki would say, if there is no cash flow, your business is a liability, not an asset. Stayed tuned to this website and others where you can find help. Uncertain times present opportunities as well as obstacles. See the opportunities.

Dr. Dick

What It’s Like to Lose a $200K/yr Job

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Ronald Reagan once said, “When your neighbor loses his job, it’s a recession. When you lose yours, it’s a depression.” The Great Communicator hit the nail on the head. It’s not that it was such a huge surprise, or that I wasn’t prepared, both psychologically and financially. But it was still a punch to the gut. Somebody thought I wasn’t worth keeping around any longer. Maybe, from a strictly business perspective, they were right. After 45 years of working at a J.O.B. in the same industry, I was starting to get really burned out. Even though I had enough years of experience to do it blindfolded, I wanted to do other things. So when the time came, my attitude was

“Free at last, free at last… thank God Almighty, I’m FREE AT LAST.”

Yes, the old slave quotation from the legacy of Dr. Martin Luther King, Jr. fit the bill. I had money to live on for at least several years without even changing my lifestyle. Unlike most people, I wasn’t “90 days from bankruptcy” without a job. Still, it was a little unnerving to suddenly be without the comfort and security of a monthly paycheck – although I did have my 401-K, my military retirement, and another small retirement check coming in. But I also had a large and sudden loss of income. In Conspiracy of the Rich, Robert Kiyosaki is recalling a conversation with Rich Dad. Rich Dad is telling him that a job with a paycheck makes you weak – because you come to depend on that weekly/monthly infusion of cash. Not enough to make you wealthy, but just enough to pay the bills. It actually encourages you to “settle” for whatever that paycheck will afford. But worse than that, a regular paycheck robs you of the toughness required to survive in what Rich Dad called the “real world.”

What is the “real world”? Consider a homeless person. Yes, I know many if not most are hampered by drug/alcohol addictions and mental health issues, but ignore that for the moment. Every morning, that man or woman has one goal for the day: find enough food to eat for one more day and a place to sleep safely and comfortably for the coming night. Every day is a fight for survival. That’s the “real world” – it’s an environment where you must learn to live and prosper by your wits and your skill at selling and conducting business deals. Very different from a J.O.B. The “real world” requires a level of toughness most of us don’t even realize we have.

The good news is, I’m entering the real world well prepared and with a head start over most people who suddenly find themselves unemployed. I’ve been preparing for an entire year. I’m creating my own empire online. Unlike many $200K earners, I knew a high salary was no guarantee, no security. In fact, the higher your salary, the greater risk you have of a large income reduction. Also, the more difficult you will find it to replace that income with another J.O.B. in today’s turbulent global economy. The time to choose “multiple streams of income” and financial freedom is NOWbefore you lose that high paying job. Because the “real world” shows no mercy.

Thank God I was ready. Are you?

Dr. Dick

P.S. If you’ve lost a job and are still unemployed/underemployed, I’d love to hear your comments about this post. Just remember this is a “family” rated website. No tirades or rants about your former employer or your favorite politician. :-)

The Most Memorable Graduation Speech Ever

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It was given by Sir Winston Churchill more than 50 years ago. Now I don’t know about you, but I couldn’t tell you who gave the speech when I graduated from Duke University almost that long ago, much less what they said. I just remember that I was terrified to go out into the world. We were a nation at war (some things never change, do they?) and I had a new set of gold Second Lieutenant bars in the U.S. Air Force. But graduation speeches are supposed to inspire you to greatness, right? Well, the one I’m telling you about today did.

First of all, let me give credit to Matt Furey (one of my marketing mentors) for this story. When the speech was given, the Old Bulldog (Churchill) was invited back to Cambridge University to speak to the graduates. No longer the British Prime Minister, he was an old man still chomping on that cigar. He went up to the podium, took off his bowler hat, took the cigar out of his mouth, and began. “Never give up!”, he said. Then Churchill paused to let the words sink in. He went on: “NEVER give up!” Another pause. The room was deathly quiet now. One more time, the old man (shouting now), said “NEVER GIVE UP!” With that, he put the cigar back in his mouth, put his hat on, and walked off the stage. Only nine words. But those who heard them never forgot that speech for the rest of their lives. And I have a feeling that most of them never gave up on anything,, either.

In our world today, many ride the horse of defeat. We forget the stubborn pluck of men like Churchill, who refused to surrender when his nation was under attack day and night and the situation looked hopeless. We give up on jobs, on marriages, on friendships, and worst of all, on ourselves. We allow our dreams to be stolen. And so, we give up. Well, here’s what I believe: the Creator of heaven and earth, the Lord God of the Universe, put that dream inside of you. And you dare not let it die.

Don’t die with your music still inside you. NEVER GIVE UP!

Dr. Dick

P.S. If you liked this post, please comment. I love honest feedback.

An Object Lesson in Freedom

Categorized Under: wealth, web network marketing one Commented

I love the Fourth of July. It’s an annual reminder of the all we hold dear here in the USA. Last night, we were on our way back from taking our 8-year-old to see the The Last Airbender in 3D. As we pulled off the freeway, the local fireworks show was just beginning, so we pulled the car over just across the street from the high school football field where the show originates. He was blown away by the rockets and bursts of stars hundreds of feet up in the sky. He asked if they were “really bombs” – we said no, they are just fireworks. He wanted to know why we have fireworks on the Fourth of July. We told him the short version of how the Star Spangled Banner was written. He was probably too young to understand, but this old retired military type looked up and thought of the words

“And the rockets red glare, the bombs bursting in air,

gave proof through the night that our flag was still there…”

And I thought of the millions of men and women who sacrificed not only their lives, but their fortunes, for this idea called freedom. In his book Prophecy, Robert Kiyosaki is having a conversation with his Rich Dad about the difference between security and freedom. Rich Dad said they are opposites – that we dare not trade our freedom for security. He pointed out to Robert that the people who have the most security are those in prison – all their food, shelter, schedules, work is provided for them. But there is a reason we call them “maximum security” prisons. They have total security, but zero freedom.

I’m certainly concerned about the state of our country today – its massive debt, involvement in two long and expensive wars, the ridiculous political divisiveness. Our two dominant political parties seem more focused on blaming each other than on actually solving our nation’s problems. But what concerns me most is that our citizens consistently choose security over freedom. That’s a major part of the reasons for the debt. It’s what caused rioting in the streets of Athens when Greeks were told their government pensions might have to be cut. I fear that day is coming in America. What will Americans do when our own government finally reaches the limit on its credit cards? Will we come together and sacrifice for our collective freedom, or will we still be looking for the security blanket? Do we have the same grit as those who risked everything they owned to sign the Declaration of Independence, who endured hardship to expand the country to the West, who had the courage to end the practice of slavery, who fought in the worldwide war that stopped the tide of fascism? Or will we whine and cry about our missing checks? Will America still be

the land of the free and the home of the brave“?

As we celebrate the nation’s 234th year of independence, maybe it’s something we should all be thinking about…

Dr. Dick