Jason Hartman Speaks Out About Occupy Wall Street, Companies that are ‘Too Big to Fail’ and Robert Kiyosaki’s Conspiracy of the Rich on The Creating Wealth Show

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Hartman addresses criticisms of capitalism as expressed by the Occupy Wall Street protestors and offers insight into key issues regarding government involvement in big business

Jason Hartman Speaks Out About Occupy Wall Street

“The reality is that very little capitalism exists on Wall Street. If you’re looking for capitalism, look at Main Street, where small business operates under far too much government regulation," said Hartman.

During episode 224 of The Creating Wealth Show, Jason Hartman addresses current issues including the Occupy Wall Street protests, government handling of corporations deemed ‘too big to fail’ and Robert Kiyosaki’s Rich Dad’s Conspiracy of the Rich as they pertain to the creation of wealth for individuals.

While the Occupy Wall Street protests claim to be confronting the evils of capitalism on Wall Street, Hartman points out that capitalism on Wall Street is not true capitalism at all. Wall Street is largely supported by crony capitalism, lobbyists and insider dealings—all of which oppose true capitalism.

“Wall Street, banks, and mega corporations are mostly anti-capitalist in that they are playing in a rigged game with lobbyists, government cronyism and special insider dealings at every level. People are outraged at the 'banksters' and some people would consider Wall Street to be the modern version of organized crime,” said Hartman, host of The Creating Wealth Show. “The reality is that very little capitalism exists on Wall Street. If you’re looking for capitalism, look at Main Street, where small business operates under far too much government regulation.”

Hartman adds, “While the ‘Occupy Wall Street’ protestors may be disorganized, they are drawing attention to a huge problem. Even if their methods are not the best and the movement lacks a cohesive message, it might be better than nothing.”

Hartman points out in the most recent issue of his Financial Freedom Report that big government typically steps in to rescue large corporations they have deemed “too big to fail,” arguing that liquidation of these companies will create total market collapse. The problem is that since corporations of this size have never been allowed to fail, no one really knows what would happen. Hartman believes that attempts by the government to manipulate markets in these instances usually result in even bigger problems than the ones they are trying to solve.

“Government needs to get out of bed with big monopolistic businesses and their lobbyists need to go,” added Hartman. “If you want capitalism, we need to diminish the power of government, giant corporations and Wall Street and look to Main Street as small business is the real hope for America.”

One way to succeed in these troubled times is prudent income property investment. Hartman discusses Generation Y, specifically young adults in their twenties and even thirties, who still live at home with their parents. As the five million young people in this category begin looking for housing, the market for rental properties will flourish.

The final portion of the show discusses Robert Kiyosaki’s Rich Dad’s Conspiracy of the Rich. Kiyosaki’s book lists assumptions about creating wealth which include working hard, saving and getting out of debt. Hartman argues that in today’s economy, these rules no longer result in true wealth creation or financial security. Instead, individuals must follow the new rules of money which include starting a part-time business, becoming an entrepreneur, investing in assets that increase in value and using debt as leverage.

Hartman concludes the show by observing that, in accordance with Kiyosaki’s philosophies, “The income you earn and the wealth that you create as a real estate investor is the most favorable asset in America tax wise.”

About Jason Hartman

Jason Hartman, CRS, GRI, CSP, AIPIS, is one of America’s foremost experts on long-term wealth creation through monetary policy and income property. Jason is the founder of Platinum Properties Investor Network—a referral network designed to help people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason is an accomplished entrepreneur, public speaker, media personality and author of 11 books.

Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing education, research, resources and technology for income property investment. His highly sought after educational events, speaking engagements and his acclaimed The Creating Wealth Show inspire and empower hundreds of thousands of people in 26 countries worldwide. For information, visit Jason Hartman online.

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