These are important questions to consider as election season begins. Rick Kelo has a few thoughts on this topic. Rick Kelo is a small business owner, and a former economist and financial analyst. Educated at West Point in his undergraduate studies, then later in Chicago, Rick Kelo's range of formal education in engineering, finance, and economics coupled with working experience in corporate finance, then later as a Chicago tax recruiter, gives him a unique perspective on these issues.
We should consider every election cycle if our government has gone "off the rails" from its original intent. We now have a political class that rules under the guise of capitalism, but is increasingly fascist: it rules to the benefit of itself and its big business backers at the expense of most Americans (in their capacity as tax payers). When a big business backer takes a loss, a normal part of the profit & loss system of capitalism, then the political class bails them out or declares that business "Too Big To Fail."
Meanwhile, remember to consider the plight of small businessmen like Rick Kelo, the President of TaxScout, Inc. Small businesses, and most vulnerable of all - startups, now have an outside chance of making it big as that has become increasingly harder under the huge regime of government regulations in place. Regulations exist to prop up the profits of existing big businesses at the expense of the entrepreneurs. For example, it is obvious that under the Affordable Care Act no clever entrepreneur could ever navigate the regulatory hurdles necessary to enter the health insurance field. Only the existing mega-insurers with departments of lawyers already on staff can figure out how to navigate it.
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| Richard Kelo |
