Writing Letters
Casual Cocktail Conversations
March 21 - Text or Call 35-612-1000 for a reservation.
Truesdell Wealth, Inc. is a Registered Investment Advisor (RIA)
Paul Grant Truesdell, J.D., AIF, CLU, ChFC, RFC – Founder
The Truesdell Professional Building
200 NW 52nd Avenue | Ocala FL 34482
Located in the Ocala International Commerce Park
352-612-1000 or 212-433-2525 [Voice or Text]
YouTube: @truesdellwealth
X.com: @truesdellwealth
Facebook: truesdellwealth
Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed and that a conflict of interest exists. The information presented is provided for informational purposes only. Past performance is not a guarantee of future performance. The Truesdell Companies is a conglomerate of professional service firms, owned in whole or jointly by various members of the Truesdell Family.
Personal Website for Paul Grant Truesdell: PaulTruesdell.com
February 28 – Sponsorship of The Tunnel to Towers Foundation Benefit Concert
We (Truesdell Wealth, Insurance, Consulting, and Law) are sponsors of the 911 Tunnel to Towers Benefit Concert at the Circle Square Cultural Center – Visit https://eirinnabu.com, then click on SHOWS for tickets and details. This will be a “blow-out!” event with music from “our” era and more. Since 9/11, T2T has been helping America’s heroes by providing mortgage-free homes to Gold Star and fallen first responder families with young children and building specially adapted smart homes for catastrophically injured veterans and first responders. T2T is committed to eradicating veteran homelessness and helping America to Never Forget September 11, 2001. One of those whose family benefited was a murdered Tampa Police Officer who I knew. Please attend and support T2T.
Rough Transcription:
An investment advisor who ignores politics, particularly the actions of the federal government, is playing the game blindfolded. The sheer size and scope of the government’s influence on the economy make it an unavoidable factor in any serious investment strategy. Federal spending, regulations, taxation, and monetary policy all have a direct impact on markets, industries, and long-term economic trends. Ignoring Washington is not an option—it’s a liability.
The numbers don’t lie. In 1960, federal government spending was just 17.2% of GDP. By 1980, it had risen to 21.6%, and today, it hovers around **24-25% of GDP**—a staggering share of the economy. In **2023 alone, federal spending exceeded $6.1 trillion**, an increase of more than **50% in just five years**. The national debt has ballooned to over **$34 trillion**, with interest payments alone expected to surpass **$1 trillion annually** in the near future. This is not just academic; these numbers directly affect inflation, interest rates, and economic growth—critical factors for any investment strategy.
Milton Friedman once warned, **“Nothing is so permanent as a temporary government program,”** and history has proven him right. Government intervention in industries such as healthcare, energy, and finance has grown exponentially, creating both risks and opportunities for investors. As government spending expands, so does its ability to pick winners and losers—whether through subsidies, regulations, or outright bailouts. If you’re not paying attention to where Washington is directing resources, you’re missing a key part of the investment puzzle.
Anyone who still has unwavering confidence in the federal government is, frankly, not paying attention. The bureaucracy is a well-oiled machine of inefficiency, waste, and mismanagement. But here’s the catch—our loss of confidence cannot devolve into emotional rants or hostile confrontations. If we want real change, we have to be strategic, methodical, and relentless in our approach.
The long game is won with cold, hard facts—facts that you should be carrying around like ammunition in a never-ending battle against ignorance. Every instance of government waste, fraud, or misappropriation should be documented, stored on your phone, or neatly folded in your pocket, ready to deploy whenever the opportunity arises. You never know when you’ll meet someone who actually wants to have a rational conversation about the state of our nation. And when you do, you better be prepared to cite the numbers, because facts—not feelings—are what drive meaningful discussions.
Now, let’s be real. Not everyone is going to be receptive to this. Some people will get defensive, angry, or completely unhinged when confronted with reality. And when that happens, you need to recognize that you’re wasting your breath. Walk away. You’re not here to convince the unconvincible. Focus on those who are willing to listen. Get them engaged. Encourage them to dig deeper, to question more, and to demand better.
Most importantly, we need to revive an old-school tactic that actually works: letter writing. Not emails. Not phone calls that get ignored. Real, tangible letters—sent to your congressman, your representatives, and your senators. Take it a step further: gather ten or twelve friends, draft a petition, and make it clear that you’re fed up and demanding change. You’d be amazed at how much weight a single letter carries. Because for every one person who writes, they know there are countless others who feel the same way but haven’t spoken up. And that is where real pressure begins.
March 21 - Text or Call 35-612-1000 for a reservation.
Truesdell Wealth, Inc. is a Registered Investment Advisor (RIA)
Paul Grant Truesdell, J.D., AIF, CLU, ChFC, RFC – Founder
The Truesdell Professional Building
200 NW 52nd Avenue | Ocala FL 34482
Located in the Ocala International Commerce Park
352-612-1000 or 212-433-2525 [Voice or Text]
YouTube: @truesdellwealth
X.com: @truesdellwealth
Facebook: truesdellwealth
Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed and that a conflict of interest exists. The information presented is provided for informational purposes only. Past performance is not a guarantee of future performance. The Truesdell Companies is a conglomerate of professional service firms, owned in whole or jointly by various members of the Truesdell Family.
Personal Website for Paul Grant Truesdell: PaulTruesdell.com
February 28 – Sponsorship of The Tunnel to Towers Foundation Benefit Concert
We (Truesdell Wealth, Insurance, Consulting, and Law) are sponsors of the 911 Tunnel to Towers Benefit Concert at the Circle Square Cultural Center – Visit https://eirinnabu.com, then click on SHOWS for tickets and details. This will be a “blow-out!” event with music from “our” era and more. Since 9/11, T2T has been helping America’s heroes by providing mortgage-free homes to Gold Star and fallen first responder families with young children and building specially adapted smart homes for catastrophically injured veterans and first responders. T2T is committed to eradicating veteran homelessness and helping America to Never Forget September 11, 2001. One of those whose family benefited was a murdered Tampa Police Officer who I knew. Please attend and support T2T.
Rough Transcription:
An investment advisor who ignores politics, particularly the actions of the federal government, is playing the game blindfolded. The sheer size and scope of the government’s influence on the economy make it an unavoidable factor in any serious investment strategy. Federal spending, regulations, taxation, and monetary policy all have a direct impact on markets, industries, and long-term economic trends. Ignoring Washington is not an option—it’s a liability.
The numbers don’t lie. In 1960, federal government spending was just 17.2% of GDP. By 1980, it had risen to 21.6%, and today, it hovers around **24-25% of GDP**—a staggering share of the economy. In **2023 alone, federal spending exceeded $6.1 trillion**, an increase of more than **50% in just five years**. The national debt has ballooned to over **$34 trillion**, with interest payments alone expected to surpass **$1 trillion annually** in the near future. This is not just academic; these numbers directly affect inflation, interest rates, and economic growth—critical factors for any investment strategy.
Milton Friedman once warned, **“Nothing is so permanent as a temporary government program,”** and history has proven him right. Government intervention in industries such as healthcare, energy, and finance has grown exponentially, creating both risks and opportunities for investors. As government spending expands, so does its ability to pick winners and losers—whether through subsidies, regulations, or outright bailouts. If you’re not paying attention to where Washington is directing resources, you’re missing a key part of the investment puzzle.
Anyone who still has unwavering confidence in the federal government is, frankly, not paying attention. The bureaucracy is a well-oiled machine of inefficiency, waste, and mismanagement. But here’s the catch—our loss of confidence cannot devolve into emotional rants or hostile confrontations. If we want real change, we have to be strategic, methodical, and relentless in our approach.
The long game is won with cold, hard facts—facts that you should be carrying around like ammunition in a never-ending battle against ignorance. Every instance of government waste, fraud, or misappropriation should be documented, stored on your phone, or neatly folded in your pocket, ready to deploy whenever the opportunity arises. You never know when you’ll meet someone who actually wants to have a rational conversation about the state of our nation. And when you do, you better be prepared to cite the numbers, because facts—not feelings—are what drive meaningful discussions.
Now, let’s be real. Not everyone is going to be receptive to this. Some people will get defensive, angry, or completely unhinged when confronted with reality. And when that happens, you need to recognize that you’re wasting your breath. Walk away. You’re not here to convince the unconvincible. Focus on those who are willing to listen. Get them engaged. Encourage them to dig deeper, to question more, and to demand better.
Most importantly, we need to revive an old-school tactic that actually works: letter writing. Not emails. Not phone calls that get ignored. Real, tangible letters—sent to your congressman, your representatives, and your senators. Take it a step further: gather ten or twelve friends, draft a petition, and make it clear that you’re fed up and demanding change. You’d be amazed at how much weight a single letter carries. Because for every one person who writes, they know there are countless others who feel the same way but haven’t spoken up. And that is where real pressure begins.