Ep. 36: Michael Covel on Trend Following Radio

Published: July 18, 2012, 5 a.m.

Michael Covel talks about the dwindling lack of individual responsibility in America today, and the emphasis on the group rather than the single individual. In a recent speech, President Obama said, "If you've got a business, you didn't build that. Somebody else made that happen". While his speech noted some great communal national achievements, it negated the importance of the individual to a great degree. It's not a political issue; whether you're on the right or the left, you are responsible for your own work. The state can't fix your problems. It's up to you. America may have built the infrastructure and the roads, but an individual made the car. There are some great things that have come about as communal, national achievements; however, mitigating the individual achievements of entrepreneurs gets us nowhere. A few years ago President Bush stated that he needed to suspend the free market system to save the free market system. Do we want the State equalizing everything? If you want to get ahead today, it's got to be purposeful, hard work on your own part. The State can't do it for you. Successful entrepreneurs aren't just lucky; it requires hard work and dedication. Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win.