Success Stories

Over the course of 25 years and counting, Investor’s Business Daily has heard

from countless readers who have experienced life-changing financial success because of the CAN SLIM and IBD method. The following is a small sample of the thousands of success stories we’ve received over the years from people of all ages and experience levels. It’s a powerful testament to the fact that with a little hard work, patience, and dedication, anyone can learn to follow this system to improve their results.

Market Timing

“IBD is a proven and no-nonsense approach to investing. This system has helped me find the big winners in a market rally, and more importantly, it has helped me avoid the big losses in a market downturn. This, in turn, has allowed me to retire in my early fifties, spend more time with my family, work on my hobbies and interests, and generally lead a very happy life.”

Michael A., Florida, Retired

“I shared IBD’s ‘Big Picture’ recommendation to trim equity holdings and raise cash in December 2007 with my ‘smart friends’ (attorney and financial services manager). I reiterated the fact that IBD had had the same market call in January 2000. While my friends and colleagues were chasing financials (see falling knife), my wife and I were able to buy quality CAN SLIM stocks at proper breakpoints. Suffice it to say that my wife and I have had a great year being in cash for most of 2008. Thanks, IBD! Rest assured, you may have two more subscribers on the way!!!”

Ken C., California, Financial Advisor

“I’ve been a follower of IBD for around 17 years. A serious follower for the last four years. In 2007, I achieved a return of +56% in my trading account, and I broke even in 2008 by staying out of the market for most of the year. The system has never failed me. The paper’s content, format, and teachings have only gotten better over the years.”

Eric M., Illinois, Engineer

“I have been a reader of IBD since 2005 and have profited immensely from it. Also, I have attended more than five IBD workshops from level 1 to level 3, and each has made me a better disciplined investor. The CAN SLIM system, a system that works great whether in good times or bad times.”

Rajesh S., Texas, Electrical Engineer

“I’d like to take a moment to thank IBD for the ‘Big Picture’ and the ‘Market Outlook.’ I’m a federal employee with a 401(k) plan called the Thrift Savings Program. We are limited to five basic funds. The government or ‘G’ Fund is invested in government securities and is our safe haven. The ‘C’ Fund is our S&P 500 stock fund, the ‘F’ Fund is our commercial bond fund, the ‘S’ Fund is our small-cap fund, and finally the ‘I’ fund is our international fund. By using the ‘Big Picture’ and ‘Market Outlook,’ I was able to follow the general market trend and move all of my retirement funds out of the market and into a cash position in the ‘G’ fund. While most of my coworkers suffered huge losses in the market and the market in general lost over 35%, my total return for 2008 was up 4%. I simply check the ‘Big Picture’ every day and move my money either into or out of the market using ‘Market Outlook’ information. Again, thanks for your hard work.”

Brian D., Florida, Supervisory Special Agent

No Opinions, Only Facts

“In describing IBD, I would say it is without doubt one of the best sources of information for investors that is available for the money. You don’t get any ‘Wall Street’ spin on the markets from IBD. It gives you the straight stuff. By that, I mean IBD tells you the truth about the markets, economy, political events, etc., that affect the markets, whether positive or negative. That is huge in this climate because there is a lot of ‘Financial Nonsense’ being fed to investors by too many unreliable sources these days. IBD tells investors the truth. You can count on it!”

Steve C., Texas, Ophthalmologist

“IBD and Investors.com let you focus on what the market is actually doing at any given moment, allowing you not to have to listen to all the noisy fortune tellers on the tube.”

Norm D., California, Individual Investor

“IBD is a tremendous time-saver. I make it a part of my daily process to read IBD every business day, even if I do not read anything else. It is a great way to quickly get a feel for the general market direction, continue to remain educated, and learn about the secrets of success that keeps me motivated. Where else can you get that in about 15 minutes a day? It is an extraordinary publication!”

George M., California, Executive

“To me, Investor’s Business Daily is an outstanding market analysis resource because it is based on objective empirical research that cuts through pundit opinions and personal emotions in buying and selling stock. Its greatest strength is its direct, clear-thinking presentation of market-relevant news that leaves often confused approaches of other publications behind.”

Allen A., Connecticut, Ph.D.

CAN SLIM

“Just studying IBD and CAN SLIM shows that if you really apply yourself properly, you can succeed. You don’t have to be at the mercy of so-called experts who really aren’t. I don’t like the intimidation tactics or the pressure tactics of the money managers. There are no guarantees in investing, but with IBD and CAN SLIM, the odds are on your side.”

Carol T., Massachusetts, Anesthesiologist

“I have been trading stocks full time since 2003, thanks largely to William O’Neil’s How to Make Money in Stocks and IBD. I have reread the book many times and am rereading it again. It is full of different-color marks, as each time I read it I find something new and useful. I must say, How to Make Money in Stocks, the IBD subscription, and the online tools are essential to successful stock trading. Just like people grab their family photo albums from the house on fire, if I were to pick just one thing to assure my continued success in stock trading, it would be William O’Neil’s How to Make Money in Stocks.”

Slav F., California, Stock Trader

Proven Rules

Investor’s Business Daily is a source for useful and accurate information about how the market works. I have found that following the buy and sell rules works. If you follow those seemingly simple but at times hard to follow rules, you will make money.”

Herb M., Michigan, Individual Investor

“It was only when I started properly applying the IBD sell rules that I realized the power to not only cut losses short, but stay away when conditions are not good for making money. A day without IBD is a day of missed opportunity.”

Dennis H., Florida, Retired Broker

“William O’Neil taught me the two rules that form the cornerstone of my investing plan: (1) keep your losses small, and (2) average up, never down. Those two simple rules have kept me out of a lot of trouble. When I have strayed from them, it inevitably cost me money. Thank you, Bill, for all you have done for the average investor.”

Peter M., California, Executive

Investor Education at Its Best

“I have gone to great lengths to learn about investing. I attended business school as an undergraduate and graduate student, and worked for a retail brokerage firm and for a small-cap research firm that supported institutional clients. Even after all this experience, it wasn’t until I read How to Make Money in Stocks that I began to understand how to succeed in the market.”

Andrew M., New York, Vice President

“My students were participating in the Stock Market Game and struggling with losses. Then they started using Investor’s Business Daily. IBD helped my students reverse big losses and win third place in the Stock Market Game. IBD has helped motivate my students to get great information in an easy-to-use format. It’s given them the tools to research and make investment decisions, and become their own independent investors.”

Stephen D., New York, High School Teacher

“I’ve been a subscriber to Investor’s Business Daily since 1991. This is investor education at its best. I fired my broker two weeks after I got IBD. I told him I didn’t need him anymore. I trade over 150,000 shares each year. I used to have no savings, but because of IBD, my net worth is well over 1 million dollars. I run it as a business. I’m just an average guy, I’m not a genius, but I study a lot and use IBD. That’s how I succeed. It’s more than a newspaper; it’s a working document.”

George G., Georgia, Pilot Trainer

“My stock life before IBD had no direction. I had no idea there was anything to learn. Life after IBD opened my eyes, and my mind. I don’t ever expect to stop learning!”

Marilyn W., Ohio, Retired

“Investing without IBD is like trying to live without water. IBD will give you the proper structure to make informed and assessed decisions about the general market or a particular stock issue, intelligently. I have taught the principles of the paper to several hundred of my college students over the past four years, and they have had fantastic results. They do not invest without it, and neither do I.”

James D., Florida, College Instructor

“Spend a year learning everything there is to learn in IBD. It’s like getting your doctorate in investing without going to four schools. It’s the easiest, quickest way to become a savvy investor, regardless of how much you have to invest.”

Julie P., Colorado, Author, Nutritionist

“I have been subscribing to IBD since first studying stocks about 1990 and would not do without it. I read it every day, and it is like my right hand.”

Averie M., Florida, Retired

“Over my 18 years of teaching junior high, high school, and college, I have used a wide variety of texts, videos, Web sites, newspapers, magazines, computers, and board games in teaching my students about investing. Without question, IBD has been the most exciting and pertinent resource I have ever used on the basis of student success in investing as well as student motivation to use the resource.”

Mike S., Texas, Teacher

Real Performance

“I figure I’ve made more money in stocks using IBD as my daily resource than I’ve made as a CPA over the last 10 years.”

Robert F., Illinois, CPA

“With Bill O’Neil’s guidance, I was able to reach my goal. I now can enjoy and support my 12-year-old twin sons, trading stocks as a single, work-at-home Dad. Bill’s stock wisdom allowed me to grow and protect my hard-earned money plus enabled me to live a more rewarding lifestyle.”

Tim K., California, Chief Investment Officer

“I’ve been reading IBD since its inception. I started with $5,000, and three years later, it escalated to $50,000. Why? Because of IBD. Need I say more?”

Fred B., New York, Arbitrator

“Since I started using CAN SLIM and IBD, and now Investors.com, I was able to make 359% on my original investment! IBD has so many features that help me find the great stocks. I’m grateful for all the work you do to help investors.”

Kathleen P., California, Individual Investor

“I subscribed to Investor’s Business Daily for the first time after I retired. I started using it for my stock portfolio because I wasn’t happy with my brokers. With them, my portfolio was racking up losses. With IBD’s help, over time I was able to get my portfolio back in the green with 20% and 30% gains. I took a portfolio of $400,000 to $700,000 thanks to IBD. I love IBD. I talk it up wherever I go.”

Don R., Washington, Restaurant Owner

“For more than ten consecutive years, we’ve realized a compounded 57% annual return. CAN SLIM and IBD played a preeminent role in that success.”

Florence R., Texas, Investor

“I started investing more than ten years ago. I was not very consistent until I was introduced to Investor’s Business Daily. I’ve been profitable ever since.”

Ash M., Hawaii, Business Owner

“After reading IBD, learning the CAN SLIM investing system, and reading IBD founder Bill O’Neil’s books, I’ve become successful enough to be a stay-at-home Dad. Thanks to IBD and CAN SLIM, my dreams have come true.”

Eric K., Illinois, Individual Investor

“I have been reading IBD since the late 1990s. I’ve employed the CAN SLIM rules, and they allowed me to comfortably retire last May. This is the only paper I read for financial investment advice. I continue to recommend IBD to all my investor friends.”

Frederick D., Michigan, Retired

“How about an investor up over 130% in 2008? Investor’s Business Daily is where I look to make it happen!!!”

John B., Illinois, Real Estate Broker

“By following IBD’s rules, I have quadrupled my account since May 2003. IBD has also helped me remain flat this year in a severe bear market. The best thing is that the rules are very easy to learn and follow, and I have lost money only when I tried to put my own ‘wrinkles’ on them.”

Edward K., Arizona, Retired Doctor

“Thanks to Investor’s Business Daily and Mr. O’Neil’s CAN SLIM, my 401(k) is still +10%. I have continually kept my losses at less than or equal to 8%. This with taking 20–25% gains with the occasional larger take has resulted in investment success. Thank you.”

Don B., Michigan, Retired Anesthesiologist

“Starting in 1999 with $5K in savings and $7K in wedding presents, I used the CAN SLIM system to make over seven figures by 2008.”

Jonathan S., Tennessee, Individual Investor

“I am glad to say I have kept almost all of my profits from the 2003 bull run thanks to your publication.. . . IBD is an excellent data source about the markets and can help individuals and professionals make better decisions about how to invest their money.”

Bruce W., California, Attorney

“With my knowledge from IBD, I have experienced excellent performance in my investing from the late 1990s to October 2007.”

Bob K., Hawaii, Mechanical Engineer

“Between the dot-com bust and 9/11, my portfolio lost nearly half its value over two years. Though I subscribed to the Wall Street Journal at the time, it did not prevent my loss. I subscribed to Investor’s Business Daily and found it much more informative on investing. Soon, I found myself reading IBD rather than the WSJ. It was more to the point and was tailored to individual stocks rather than worldviews and mutual funds. I have never looked back. Using the knowledge I gained from IBD on reading stock charts and trends, I bought into stocks for triple-digit gains among many other double-digit-gain stocks. IBD has paid for itself many times over with what I have learned from CAN SLIM and other resources available. Thanks, IBD! I will be a lifetime subscriber.”

Kenneth G., Michigan, Utility Planner

“I believe in results: I made my monthly salary in three days using IBD. I’m a believer! I’ve looked at several investing sources. IBD and Investors.com are the only ones that made me more money than I spent learning it.”

Kent J., California, Manager

“I sold a business, and after a couple of years with GS money management, I decided that I must manage my money myself. It wasn’t long before we realized that IBD is the only daily publication that sincerely wants to help people make money in the market. That’s why we’re so loyal to the paper. We don’t look at any other sources of information of any kind because it only confuses the issue. It’s tough to shut down those media inputs. IBD has been wonderful for us. It works very well, and every year we’re doing better because we see the results in the portfolio. In our second year using IBD we had a 26% gain, and it’s only gone up substantially since there.”

Michael D., California, Retired

“In 2006 I used a number of newly acquired CAN SLIM skills to buy into Hansen Natural and to pyramid and force-feed my growing position to the point where I had nearly 80% invested in HANS. Following CAN SLIM principles, I sold my entire position May 11, 2006, for near perfect timing. This one trade made my year and enough to cover for lean years the following two years. I would not have traded with this success without using IBD.”

Joseph S., Pennsylvania, Executive

Investor’s Business Daily is one of the best things that has happened to our family from a financial point of view.”

Roger D., Iowa, Teacher

Tools That Work

“The ‘Big Picture’ keeps me focused on proper interpretation of general market averages. I also use the IBD 100 for confirmation that stocks I might be interested in are seen in the same light by the experts at IBD. I like the entire B section: ‘Stocks on the Move’ shows where the action is; industry group rankings let me know where to focus research; the stock research tables grouped by leaders make it easy to see what stocks are leading. I could keep going. The A section is excellent for keeping up on important news. The paper is so well organized.”

Mark R., Washington, Individual Investor

“I love reading the IBD newspaper—the ‘Big Picture,’ ‘IBD’s Top 10’ news stories, and many more. It keeps me focused on what’s happening with the stock market and the economy. While IBD provides a superior wealth of information for finding good stocks, this newspaper is also an excellent space- and time-saver. It makes it so easy to take anywhere I go. Thanks to the IBD staff for their great work.”

Paul C., Maryland, Investor

“The IBD 100 is the foundation of my portfolio. It provides a list of stocks that I assess from a fundamental and technical basis. The quality of the stocks maximizes the probability of a trade.”

Steve M., Colorado, Equity Trading Manager

“The ‘Big Picture,’ ‘Investor’s Corner,’ ‘NYSE & NASDAQ Stocks in the News,’ along with the ‘Market Wrap’ and ‘Daily Stock Analysis’ videos, ‘Stock Checkup,’ and ‘IBD University’ at Investors.com, are the features I use the most to help me stay on top of the market, select strong stocks, and learn to become a better stock investor. All are invaluable.”

Alex J., California, Student

“I read the ‘Big Picture’ first because it is the starting point for getting a feel for how the market is going. Once you have that information, you can make informed decisions on how to proceed with investing decisions. IBD is the premier investing document that provides everything for everyone, from the beginning investor to the most advanced investor. Taking full advantage of all of the many features will give you the best chance of success.”

Cliff B., Texas, Retired U.S. Air Force

The Confidence to Win

“IBD changed my life in that it gave me full confidence as a self-directed investor, and it presented the right information that has allowed me to grow and preserve my portfolio. What began as an education blossomed into a passion, and this was the real life change for me.”

Mary L., Tennessee, Realtor

“I’m a beginning investor who knew nothing about the stock market. Through Bill O’Neil’s How to Make Money in Stocks, 24 Essential Lessons, and the excellent coverage, education, and tips provided in IBD and Investors.com, I find myself more knowledgeable than most people I know who’ve been investing for years.”

Kim P., California, Individual Investor

“William O’Neil enabled me to do something even my CPA was not able to do: master my finances.”

Mike H., Florida, CPA

“I got started in the market in 1990 after reading I believe it was your second edition, and what it did for me is truly unbelievable. You really explain every aspect of the market so well. I also have been a subscriber to Investor’s Business Daily since that year and spend two hours per day on it. Thanks for helping to make me secure in investments.”

Ruth B., California, Individual Investor

“Using Investor’s Business Daily—both the newspaper and Investors.com, along with the Daily Graphs and my own research—I am extremely confident of continuing to make money in the markets.”

Daryl T., Texas, Computer Programmer

“IBD and Investors.com have been a tremendous teacher & tool for me. IBD is one of the few resources I’ve found that not only gives information in an understandable way but also includes instruction on deciphering information that makes sense. Thank you for taking the intimidation out of investing!”

Sherrie C., Nevada, Investor

“IBD and CAN SLIM empower me with the information I need to manage my money more successfully. I’m in charge of my money, so it’s important that I understand how to invest it. And IBD is so good for that. Knowledge is power, and that’s why I read IBD.”

Carol M., Oregon, Planning Commissioner

Oldies but Goodies

The third edition of How to Make Money in Stocks featured IBD readers who achieved investing results or shared how they learned to use the IBD and CAN SLIM system. We thought we should reprint a few of these comments in hopes they might provide helpful insights for you.

Labor Day, 2001

Dear Mr. William O’Neil and Investor’s Business Daily,

As a huge enthusiast of Investor’s Business Daily and all of your written material, I can’t write enough explaining how much your works have changed my life.

I first came across How to Make Money in Stocks in the fall of 1997 through reading reviews of it on Amazon.com. I was living and teaching in Guatemala at the time, and was looking to get involved in investing and the stock market. Consequently, I ordered How to Make Money in Stocks and a few other books, but it was your book, based on historical research, that intrigued me the most. I reasoned that you had seen both great times and rough times in your over 40 years of trading, while most other books had research based only from the 1990s. In addition to that, you used both technical and fundamental analysis rather than concentrating on just one method. The other books I read advocated either one analysis or the other.

I was further convinced that your system of trading was for me when you wrote how David Ryan and Lee Freestone had won U.S. Investing Championships using the CAN SLIM system.

What complements How to Make Money in Stocks perfectly is Investor’s Business Daily. I had clipped out the coupon in the back of your book for a free two-week subscription to IBD, and when I received the paper for the first time, the whole system made sense to me. Finding the CAN SLIM stocks was so much easier to do using IBD, and the paper had so many other great articles, including ‘Leaders & Success,’ ‘The New America,’ ‘Stocks in the News,’ and my favorite, ‘Investor’s Corner,’ that further enhanced my insights into trading. I immediately subscribed to it, even though $180 was a lot for me at the time. Then, even though the paper would arrive in Guatemala three days late each day, I could still use its valuable information for research.

I read everything I could in the paper and decided to use it in my profession of teaching. That year, as I was teaching English as a Second Language in Guatemala, I also taught one class of fifth-grade gifted and talented students.

I introduced them to IBD, and they ate it up. These students, and my other students later, especially loved the stock tables because each stock is graded like they are graded, using 1–99 and A through E or F. Students were always coming up to me and saying things like, ‘Look at this one! It’s got a 99, 99, and AAA.’ I have even taught my students to look for cups with handles, and they have enjoyed the challenge of that, too.

I moved back to Denver in the summer of 1998 and continued using IBD both personally and professionally. I had the same success here, with many of the same student reactions as I did in Guatemala. Then, last year, during the 2000–2001 school year, I taught a sixth- through eighth-grade after-school business club. Using IBD, I helped my students participate in the Denver Post annual stock market competition. One team, a group of two Ethiopian boys and one boy from the Philippines, all of whom had only been in America for a year, won second prize in the state! In fact, the only problem I’ve had using IBD in my classroom is when these students fought over who got IBD’s ‘Your Weekend Review’ section on Fridays.

As a result of this success utilizing IBD in my classroom, I have a lot of other ideas for using IBD in education. If you ever think about creating a curriculum outreach program, I’d love to share them with you. There is so much in IBD that would be great for schools!

As far as my own investing, I still read IBD daily and subscribe to Daily Graphs Online. I am more confident now and strongly feel that when this bear slowly turns itself into a bull, I will be able to find and buy, at the pivot point, the next Qualcomm, JDSU, or Qlogic. (The pivot point took me about three years to completely appreciate!) At first, I was the typical beginner with no discipline. I would cheat on the CAN SLIM rules, simply buying anywhere and anytime regardless of what the chart showed. I also bought Internet stocks simply because they were Internet stocks. And I tried many other methods looking for instant profit and success. All in all, during my first two years of investing, I ‘nickeled and dimed’ my account to very low points, dragging my ego down with it.

Finally, I disciplined myself and made a CAN SLIM checklist. I swore that I wouldn’t violate any of the system’s rules. As a result, my successes have increased. And even though the market during the last year and a half has been rough, I did make a few nice trades, such as with Techne, Skechers, International Gaming, and Direct Focus. I have read and reread Chapter 11 [When to Sell and Take Your Profit] in How to Make Money in Stocks about 20 times so that I can remain focused for the next rally. I’ll be shooting for the stars like you did from 1962 to 1963.

In conclusion, I would also like to express my appreciation for your love and respect of America. I have taught and traveled in many countries, and it is easy to say that America isn’t perfect, but I feel, as you do, that if you work hard in America, great things will come. My father came to America as a poor, young immigrant in 1950 and has built up a great mason business, all through hard work. He always told me that if you work hard and remain positive, you can achieve anything you want. I feel that you and IBD express this same sentiment every day. And believe it or not, I bought my father a subscription to IBD for his birthday, and now he loves it, quotes from it, and reads it every day!

Most importantly, however, I want to thank you for the great work you do and the great information you print daily. It is greatly appreciated!

Sincerely,

David C., Investor

I started studying the market in March 1999.

After six months with a broker and no results, I went to the library, found Investor’s Business Daily, and decided to learn to invest on my own. I started last September with $50K. When I sold everything in March after reading your latest book, I had $174K. Made most of my money on cup-with-handle formations and reading your book, How to Make Money in Stocks. I am a minister and want to use the money to start churches here in Illinois. My goal is to start 13 churches in the next few years. Thanks so very much for sharing your strategy with others.

Dr. Larry R., Pastor

In addition to success stories, we also receive letters from readers that provide extraordinary insight. The following is from one of our readers whose background, as a civil engineer in the former Soviet Union, gave an interesting perspective to contrasting economic systems. We ended up creating a series of articles from this reader to share her insight.

Perspective of a Russian Immigrant (No. 4)

Svetlana Kunin

12/08/2009

I look at the people who support the transformation of America in disbelief: They are destroying the very land that gave them so much opportunity.

Groomed, well-fed and educated, comfortably living in a prosperous society, they need a mission to give meaning to their lives. These “fighters for the less-fortunate among us” glaze over the fact that hundreds of millions of people from around the world desperately try to come to this country for all it offers, regardless of their economic status, race, class, or gender.

Immigrants rightly see this country as the best place to obtain a decent life for themselves and their families.

When I immigrated to America in 1980, I was overwhelmed with the amount of food and goods available at any store, at the numerous charitable organizations helping the needy, and even the government programs that helped people to obtain necessary skills to find a job.

Later, I realized that the country was in the midst of a deep recession. Compared to where I came from, it seemed like the pinnacle of prosperity.

As a secular Soviet Jew, my first Christmas in America was amazing. The proud display of religious symbols was a celebration not only of the holiday, but of a population free to express their beliefs without fear of oppression.

I understand why at the beginning of the 20th century Jewish immigrants in America wrote many beautiful Christmas songs; these songs were born out of grateful hearts. Churches and synagogues coexist without issues. Nobody is forced to practice or not practice a religion.

Soon, however, I noticed darker aspects underlying life in America. Political correctness had seeped into everything like cancer. Under the pretense of multicultural diversity, suppression and intolerance of uniquely American traditions such as liberty, private property, and e pluribus unum (out of many, one), became not only acceptable, but necessary in supposedly enlightened society.

Under the pretext of helping the needy, liberals eliminate people’s drive to better themselves and their families. Instead, they obsess about events of the past and exacerbate the victim mentality in the very people they claim to help.

The stranglehold of political correctness has only grown stronger. I see in today’s governmental policies a replication of the very things I escaped from.

In the USSR, representatives of the Communist party—partorgs (literally: party organizers)—were ingrained into every aspect of civilian, official, and military life. These political organizers controlled public order by observing the behavior and speech of every citizen.

People who wanted a more secure and privileged life found it necessary to join the propaganda machine. In order to survive, citizens were silent out of fear of retaliation by the authorities.

Government-controlled medical care and poorly compensated medical personnel stimulated corruption at every level of service. People had to resort to bribery in order to get the help they needed, and underpaid medical personnel were open to the payouts.

Those who could not pay had to beg for help. The only hospitals comparable to American hospitals were in Moscow and a few other cities, where government officials were treated. In the rest of the country, medical care was substandard. This was the reality of free health care for everyone.

No one can dispute that America has issues with its medical system, and here too, some people struggle to get the help they need. But the solution to the problem is not more bureaucratic control. The quality of medical care will inevitably decline for everyone.

I came to this country in the middle of a recession, and I saw the economy revive and prosper when the government eased the tax burden on people and businesses. People were free to use their talents without the interference of central planning. Today the opposite is taking place, and we see the opposite results because central planning results in wasteful spending, corruption, and the suppression of initiative.

I am afraid these transformers of America are destroying the future of our children. I hope the free spirit of America triumphs.

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