Ken Nielson talks about the record Lotteries, and the housing market and the challenge with the American dream with Peter Mingils.

Ken Nielson walks people through the mentalities behind the hype about the Lottery. Then he also speaks about the challenges people are having with the housing market. After that Ken talks about the American Dream and is it gone for most people.

Ken has mentioned about AI and how to use it in this home based business.

In *Who Stole the American Dream?* by Burke Hedges, first published in December 1992, the author argues that the traditional American Dream—financial security and prosperity through conventional paths like corporate jobs or small business ownership—has been undermined by systemic economic changes and exploitative structures. Hedges identifies reasons why the American Dream is increasingly unattainable and advocates for network marketing as an alternative. Below are the top five reasons he provides for why the American Dream has been "stolen," based on summaries and reviews of the book: 1. **Erosion of Job Security in Corporate America** Hedges highlights the decline of loyalty and stability in corporate jobs. He argues that the traditional path of working hard, climbing the corporate ladder, and relying on a steady job no longer guarantees financial security. Layoffs, downsizing, and automation have made employees expendable, leaving many without the promised rewards of long-term employment. This instability undermines the American Dream's foundation of secure, well-paying jobs.[](https://sobrief.com/books/who-stole-the-american-dream-2) 2. **High Failure Rate of Small Businesses** Hedges points out that starting a traditional small business is a risky and often unprofitable endeavor. He cites statistics indicating that 90% of small businesses fail within the first year, 80% of survivors fail within five years, and 80% of those remaining don't reach year ten. The high costs, long hours, and financial strain make small business ownership an unreliable path to the American Dream.[](https://onlinemlmcommunity.com/who-stole-the-american-dream-by-burke-hedges-book-review/) 3. **Exploitation Through Pyramid Schemes and Economic Systems** Hedges discusses how both illegal pyramid schemes (e.g., lotteries, chain letters, Ponzi schemes) and "legal" pyramid-like structures (e.g., Social Security, Wall Street, charities) exploit individuals. These systems often benefit those at the top while providing little value to those at the bottom, draining resources from the average person and making financial freedom elusive. He contrasts these with legitimate network marketing, which he claims offers value through product sales.[](https://blog.plantids.com/who-stole-the-american-dream-by-burke-hedges.html)[](https://onlinemlmcommunity.com/who-stole-the-american-dream-by-burke-hedges-book-review/) 4. **Rising Costs of Living Outpacing Income** The book emphasizes that the increasing cost of living—housing, education, healthcare—has outstripped wage growth, making it harder for individuals to achieve financial independence. Hedges argues that trading time for money in traditional jobs leaves people trapped, unable to afford the lifestyle associated with the American Dream. This economic pressure erodes the ability to save or invest for the future.[](https://sobrief.com/books/who-stole-the-american-dream-2) 5. **Misinformation and Bias Against Alternative Income Models** Hedges addresses misconceptions about network marketing, which he sees as a viable alternative to traditional paths. He argues that societal and corporate biases—often perpetuated by those benefiting from conventional systems—mislead people into dismissing network marketing as a scam. This misinformation prevents individuals from exploring legitimate opportunities that could lead to financial independence, further distancing them from the American Dream.[](https://onlinemlmcommunity.com/who-stole-the-american-dream-by-burke-hedges-book-review/) ### Critical Notes – **Context**: Hedges' book, while insightful for its time, is heavily focused on promoting network marketing (e.g., Amway, where it was a top-selling book). Some critics view it as a motivational tool for MLM distributors rather than an objective economic analysis, so its arguments may reflect a pro-MLM bias. – **Evidence**: The book relies on anecdotal stories (e.g., Hedges' own experience losing money in a traditional business) and general statistics about business failure rates, which may not fully capture the complexity of economic shifts. – **Relevance**: Written in 1992, some examples (e.g., specific corporate practices) may feel dated, but the core themes of job insecurity and economic inequality remain relevant. If you'd like a deeper dive into any of these reasons, a chapter-by-chapter breakdown, or a critical comparison with other economic perspectives, let me know! I can also search for additional reviews or discussions on platforms like X to gauge current sentiment about the book's arguments.

You can hear the recording for yourself on:
https://wealthguide.mynetworkercentral.com/go39#home

Ken Nielson, a successful home-based business owner, knows network marketing can still be one of the best ways for people to achieve personal health and financial stability.

Check out https://homebusinessrating.com

Ken Nielson displays this and a lot of other information on his website https://countonthetruth.com

The post Ken Nielson on Lotteries, Housing and American Dream on Count on the Truth Radio with Peter Mingils appeared first on Building Fortunes Radio Network.