Still in denial or oblivious to reality?

It is clear to everyone by now that the natural state of our economy is prosperity. Freedom guarantees that. The only force capable of undermining it is government.

I am afraid we are today stuck in one of the worst economic situations in our country’s history and experiencing THE most painful crisis since the Jimmy Carter era. More than 60 percent of Americans are living paycheck to paycheck. The U.S. actually lost 585,000 full-time jobs last month, consumers now owe more than a trillion dollars on their credit cards, the housing bubble has started to burst, and the most dramatic commercial real estate crisis in U.S. history has begun. And President Biden still pontificates like everything is going great and under control.

Our economic weakness has now become a top national security threat. Did Corporate America fail or did the government fail? I have made my business career by asking the right questions. Are we working on the right problems? Are we acting in the interests of our people? How can we turn things around and get on the right path again?

Even the most well-meaning government policies have unintended consequences that have harmed the economy. If government policies were held accountable the way private businesses are, the scoreboard would say government is failing to help people.

There are few problems in the world that economic prosperity cannot help solve. Yet the engines of that prosperity are under fierce attack. The forces that seek power over others have gained the upper hand against those that seek freedom.

By harming wealth creation, they cause even more strain on society.

I am afraid we are today clearly facing a perfect storm and one only needs to observe the unrest across the world to imagine what life will become here if we don’t get our country turned around soon. But how? It is not as though people lose sight of simple principles in a complex society as much as it is a Progressive tactic to confuse people.

At the end of the day, in whose hands should you place your trust for improving the economy along with our well being, security and prosperity? An entrepreneur, whose job it is to solve problems for a profit? Or a bureaucrat, whose job it is to cause problems for a profit? I know where I put my trust, and I’m sure 90 percent of us agree.

On one side of the battle are the corrupt fakers, bureaucrats and wealth takers. On the other side, the wealth creators. Who offers you more opportunity? The Founding Fathers did their job. We must be the Defending Fathers. One of my favorite lines comes from former U.S. Senator Everett Dirksen who once said “When they feel the heat, they will see the light.”

Time to renew wealth creation and renew the American Dream.

Share your thoughts and come be a part of decisions that will shape the country’s future and the world


Written by

Ziad K. Abdelnour, Wall Street financier, trader and author is President & CEO of Blackhawk Partners, Inc., a private family office that backs accomplished operating executives in growing their businesses both organically and through acquisitions and trades physical commodities – mostly oil derivatives – throughout the world.