saving $1560 on insurance

Sam saves $1560 on car, home and excess liability insurance
Sam of NY used our new Guide to save big on his insurance premium this year. He took an hour one day when he received his auto renewal to check other insurer’s rates. He was able to increase his deductibles and drop some of the duplicate coverage he was paying for in order to save on all three policies. He found that his bundled policies with one company did not save him as much as purchasing the coverage separeately. When he shopped he found that the rates were significantly lower than the coverage he had. He figured he had been losing $1560 for the last 12 year because that was when he last priced his car insurance. The home insurance carrier gave him a discount for his home since he had never made a claim. The insurers keep a record of all home claims. Sam used his savings to pay off a credit card. Sam was happy.
amazon.com/Industry-Insiders-Guides-Buying-Insurance

Women Much More Concerned Than Men with Keeping Up With Monthly Expenses MassMutual Survey says. Both men and women are concerned about saving enough for retirement – but for women, just keeping up with monthly expenses is an even bigger concern. The economy remains the big concern. Women are more likely to keep an eye on spending and finding bargains. Women are also better investors but they have less income than men. Members use our Guide for Women to Ensure Their Financial Health: amazon.com/Ensure-Your-Financial-Health-Wealth/

NY Gov orders refunds on health insurance overcharges.
11 insurance companies have been ordered to refund $114.5 million to holders of policies that cover 573,748 people who were overcharged for health insurance premiums in 2010. The refunds were overcharges on the premiums insurers are allowed to keep after claims are paid--MLR. Most of the refunds will go to members of large groups—employer-provided insurance. All major insurers were involved. For list of insurers, see Governor Andrew M. Cuomo’s website: http://www.governor.ny.gov/press/110911health


GOP lowering’ death’ tax in some states
If you live in some states, you need to make provision for estate and inheritance taxes. Or you can change legal residence and pay nothing. Since some tax is due on assets as low as $675,000, owning an average value home may trip the tax buzzer. In some states, GOP lawmakers have raised the threshold so more citizens pass free of tax. In most states, how you own assets can make a difference. In other states, you may not have to worry at all—the wealthy have already fixed NO death tax and NO inheritance tax. The federal exemption is $5 million but states are changing theirs. Check your state. We help you plan your retirement so that there is enough fulfill your wishes: amazon.com/Your-Retirement-Spending-Plan-enough/

Obama and GOP agree—raise taxes slowly by reducing CPI increases
Congress is looking at reducing future raises by adopting a new measure of inflation that also would increase taxes for most families -- the biggest impact falling on those with low incomes. If adopted across the government, the inflation measure would have widespread ramifications. Future increases in veterans' benefits and pensions for federal workers and military personnel would be smaller. And over time, fewer people would qualify for Medicaid, Head Start, food stamps, school lunch programs and home heating assistance than under the current measure.
Taxes would go up by $60 billion over the next decade because annual adjustments to the tax brackets would be smaller, resulting in more people jumping into higher tax brackets because their wages rose faster than the new inflation measure. Annual increases in the standard deduction and personal exemptions would become smaller.
Washington assumes that we are stupid and will not notice this change to Chained Consumer Price Index: http://finance.yahoo.com/news/New-formula-would-reduce-apf-365864943.html?x=0
Time will tell if Cain sex beats Chained CPI on our media coverage.

ObamaCare’s mandate upheld by district court
A panel of the U.S. Court of Appeals for the District of Columbia issued a split opinion upholding the lower court's ruling that found Congress did not overstep its authority in requiring people to have insurance or pay a penalty on their taxes, beginning in 2014. The requirement is the most controversial requirement of Obama's signature domestic legislative achievement and the focus of conflicting opinions from judges across the country. The Supreme Court could decide as early as Thursday during a closed meeting of the justices whether to accept appeals from some of those earlier rulings. Our future health care lies in the hands of 5 guys who have fully paid policies. http://usconservatives.about.com/od/capitalpunishment/tp/Top_Conservative_Justices.htm

SCAMS
Romney plan to change your benefits
The former Massachusetts governor said he would lower the cost of Social Security by raising the eligibility age for benefits, but he did not specify how quickly those changes would be phased in. He estimated that he could achieve tens of billions of dollars in savings by capping the cost of Medicaid, the federal program that provides medical care to the poor, and allowing the states to take it over — a move his campaign said would "empower them to innovate."
In one of the most controversial elements of his plan, Romney proposed a major restructuring of Medicare, which currently provides health insurance to about 47 million elderly and disabled people. Under the changes, Medicare would become just one of many plans that seniors could purchase with a new "premium support" system that would give them a set amount of money each year to purchase a plan.
Aides said the plans would have to offer a level of coverage comparable to the benefits offered under the current Medicare system. They asserted that by encouraging a range of private insurers to compete with Medicare, which could begin running a deficit as early as 2024, the program's costs could be lowered.

GOP plan: less SS benefits from your contributions, kick the poor off Medicaid, and give you a voucher to buy your own old age insurance, if you can find an insurer when you are old and sick. We will need a lot of luck!

We, Taxpayers are helping the wealthy buy bigger McMansions!!
“It's not the intent of the FHA to facilitate people buying McMansions,” said Representative Scott Garrett, a New Jersey Republican opposed to higher loan limits. “The intent is to help the average American buy the average house.” Congress is weighing a proposal to restore higher loan limits that expired on Oct. 1. The measure, already adopted by the Senate, would allow the FHA and government-controlled Fannie Mae and Freddie Mac to insure single-family mortgages for as much as $729,750, up from the current $625,500, in high-cost parts of the country. Banks and realtors are lobbying hard to stop Congress from cutting off taxpayer support.


“I wish I had done more”—famous last words
Paterno is not a target of the criminal investigation, but the state police commissioner called his failure to contact police himself a lapse in "moral responsibility." "This is a tragedy," Paterno said. "It is one of the great sorrows of my life. With the benefit of hindsight, I wish I had done more."


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