Think about securing savings

By Don Ellis, Henderson

Thursday, Nov. 20, 2014 | 2 a.m.

The rich have taken control of the House and Senate, and if you are middle class, you may want to start putting your savings in a secured hold.

I say this because I am old and wise enough not to get burned twice.

I had a substantial 401k plan when George H.W. Bush became president, and when his reign ended I was short a substantial amount.

When Bill Clinton took the helm, I recouped my losses and made some gains.

When George W. Bush was elected, I put all my savings in a secured portfolio. Good thing I did.

I learned my lesson. How about you middle-class Barack Obama haters? Will you ever learn your lesson or will you keep forking your life savings over to the billionaires?

The stock markets are at record highs, but now that the GOP has a chance to set financial and banking rules, look out. The markets may tank because the wealthy will bleed your savings to fatten their wallets.

They will say it is only a market correction. When have we heard that song before?

When is enough enough? Never for them, but you keep giving with your eyes wide open.

Don’t you realize corporations are people, according to the rich who control our so-called democracy?

Good luck. You’re going to need it.