Economic Crisis or Financial Freedom? What Is Your Plan B.

Hello again! This is Greg from Arlington, VA, just across the river from the United States Congress, the White House, and the Treasury Department, all headquartered in Washington, DC. I am writing today because there is a huge problem in our country.

Financial Crisis in America

This has been a tough month. There is a banking crisis! There is a mortgage crisis! As a matter of fact, the current financial situation is creating a global crisis. And what really is troubling is that too many folks have no PlanB.

We learned recently of the bailout of AIG Insurance Group, a company that has global reach. We witnessed the venerable Lehman Brothers Holding go bankrupt. The government bailed out Fannie Mae and Freddie Mac. Lending of money is at a virtual standstill just as people still try to recover from the mortgage crisis.

Washington Mutual (NYSE: WM) was seized in the largest U.S. bank failure ever and handed over to JPMorgan (NYSE: JPM). The government agreed to backstop Wachovia's (NYSE: WB) loan portfolio to speed a sale to Citigroup (NYSE: C). A few days later, Wells Fargo trumped Citi's offer and required no government backstop (protection).

Treasury Secretary Paulsen announced a financial rescue plan on September 19, stating, "I am convinced that this bold approach will cost American families far less than the alternative -- a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion,"

"The financial security of all Americans ... depends on our ability to restore our financial institutions to a sound footing," Paulsen said.

On October 2, President Bush signed an unprecedented $700 billion bailout of the nation's beleaguered financial industry into law. His signature came shortly after the House, following action by the Senate, approved the controversial measure, aimed at bringing some calm to the troubled markets.

On the same day, the government reported that a staggering 760,000 jobs have been lost in the US in 2008.

Many Americans can only be hopeful that the Government Plan B works.

The American Dream and Financial Freedom

Too many of us have relied on the company we work at for security; a retirement plan and social security to allow us to enjoy our "golden years" and financial institutions to lend us money. In some cases, this is necessary. But for many workers today, the reality is "layoffs," "downsizing," and companies going bankrupt. For those who survive a full career, the idea of working 40 hours a week for 40 years to get 40 percent of your pay in retirement isn't a great deal either.

Many individuals looking to achieve the "American Dream" of home ownership got wrangled into a mortgage that they can no longer afford. Many of us have had to "borrow" from our 401k style savings plan to make ends meet.

Ultimately, the government will probably do some remarkable things to return us to financial stability. But at some point, does it make sense to create your own independence and stability?

I think there are many folks who are ready for a change. Many folks who would like to fire their bosses; stop working from payday to payday; have the flexibility to make their own hours; spend more quality time with their children and become financially independent.

If you are young, you have the benefit of time on your side. Through the "miracle of compounding",an individual can start saving a relatively small amount of money in their teens and twenties, and be a millionaire by the time they are in their sixties.

Plan B

However, if time is not on your side or you strive to be truly independent, there is no better time than the present to become your own boss by harnessing the power of attraction marketing through the Internet. The truth is, there is a planb. An option to achieve the financial freedom we all desire.

And, if companies over 100 years old can go out of business in the blink of an eye, then you better be looking for an option to ensure you and your family's security and peace of mind into the future.

As Robert Kiyosaki and Donald Trump state in their new book, Why We Want You To Be Rich : Financial education is more important than ever before!

If you are not afraid of hard work and have a willingness to be trained in the principles of attraction marketing, a whole new opportunity towards financial freedom exists out there!

If your an individual who thinking about a small business or home-based business; someone who is just starting out; or someone who has already experienced marketing frustration, please come visit my attraction marketing site.