Our retirement nest eggs are being FRIED by fees hidden by
mutual fund firms
Regulators, the President and Congress are funded by these
for-profit firms. We must fight for ourselves by moving our money to
NOT-FOR-PROFIT firms. “The agency [SEC] had a reform proposal ready to go back
in the early days of this administration, but the industry
didn’t like it, so it never went anywhere.” The mutual fund industry says
12b-1 fees “help investors who are seeking advice about what offerings to buy”
by paying brokers to make those recommendations. We are paying brokers hidden
fees to push sales on other people. Fees
can take 63% of our total accumulations. Cut fees. Double your nest egg: http://www.amazon.com/Lies-Financial-Advisors-Told-alternatives/dp/1478281545
Create a tax-FREE legacy for your grandchild (without a
lawyer)
Ian and Margaret had an IRA of $33,000 they did not need for
their retirement. They wanted to provide for their newborn grandchild. They did
not want to pay a lot of fees to a lawyer or broker. They can convert this
regular IRA to a tax-FREE Roth IRA for Douglas in small
amounts so the taxes on the gains are not overwhelming each year. The new Roth IRA
account will be invested in the Vanguard 500 Index. With 100% stocks, this
account could reach $200,000 in 20 years or $600,000 in 30 years. At Ian’s
death, this tax-FREE accumulation would go to Douglas
without going through probate of Ian’s will. Douglas
could take out all the money without income tax or he could let it continue;
providing $15 million in another 30 years. Ian can add more grandkids anytime.
Create a tax-FREE legacy: http://www.amazon.com/Give-your-Grandchild-000-Lifetime/dp/1456433105
House votes to repeal ObamaCare AGAIN—that’s 55 or 56 times
The House has agreed to pass legislation that makes possible
a repeal of the ACA’s controversial expansion of the definition of a small
employer — a bill hailed by the benefits industry for protecting the small and
mid-size businesses they feel the expansion threatens to harm. Most people work
for small business and many do NOT offer health coverage. ObamaCare would expand
the risk pool to include larger companies by 2016.
GOP tax plans reduce taxes for rich and cut services for
rest of us
GOP candidates will increase defense spending, increase war
mobilization, increase border security, increase deportations, and increase pollution
of environment. Fewer tax dollars increases borrowing from China
and cut wages, unions, DEM voters, women’s health, Medicaid, Medicare, Social
Security, EPA, FDA, IRS, and Supreme Court.
Choice
becomes clear for non-wealthy who will suffer; back to Robber Baron
days!
Our next president? Jeb
still leading in the race (for dollars)
GOP
zealots to shut gov Dec 11? poor women denied health screens? SS checks
held?
Trump is example in Abnormal
Behavior in 21st Century; Personality
Disorders and Older Adults. Trump’s
tax plan gives tax
break to richest—gov doubles debt to China .
Fiorina: knows waterboarding
torture works despite facts it did not stop terrorists
She used it
at Hewlett-Packard? Collected American citizens’ phone data.
Jeb warned by donors
to show success but lacks positive vision.
Biden/Warren
(old/new) waiting for draft?
Sanders found 650,000
contributors online for $24 million—can’t
win … BUT
GOP getting desperate—Keep Dems from voting in Alabama
GOP
inspires fire bombing of Planned Parenthood?
Arson
investigators deemed fire suspicious. Gasoline fire doused by sprinkler
saves building after GOP House and Fiorina
implies PP is killing children.
Pope promises accountability for sex crimes—new
tribunal?
Pope Francis on Sunday said he met in private with a
group of victims
of clergy sexual abuse and he pledged that “all responsible will be held
accountable.” The Survivors Network of those Abused by Priests, the nation’s
most prominent support and advocacy group for victims of clergy sexual abuse,
dismissed the pope’s actions. “A smart public relations move. That’s what this
meeting is. Nothing more.”
Bishops paid
$ millions for cover ups in many cities. Only 1 Msgr gets jail!
VW gives CEO $68
million after emission fraud tactic—reward, not indictment!
Carmaker suspended
three top engineers—just suspension with pay? Other cars?
Some new Mercedes, BMW and Peugeot cars use 50 percent more
fuel than laboratory tests show, saying this is evidence of a wider industry
problem. VW said 11 million cars worldwide had defeat devices
installed. Audi said 2.1 million of these were its own models, including
the A1, A3, A4, A5, A6, TT, Q3 and Q5. "It seems that VW has known for
years about these manipulations. Executive bonus clawback? No jail?
Do you know how your family assets will pay for retirement?
Most women in retirement have HALF the assets their husbands
have. Many are living on Social Security benefits alone—just $683.53 a month.
Can you make it on that?
Find out where your family money is BEFORE you both retire.
You will need it: http://www.amazon.com/Marriage-Money-Book-Start-Together/dp/1517572525
HOW CONGRESS WASTES OUR TAX DOLLARS
“We must guard
against the militaryindustrial complex.” It’s DOUBLED
in 14 years.
Rebuild America
We are still wasting $8 million per HOUR we
don’t have in Iraq/Afghan/Ukraine. Taliban
captures Kunduz, a major Afghan city. Afghans run.
We
trained and equipped ISIS leadership—US sells arms to all sides for profit
Residents of Okinawa object to tens
of thousands of U.S. troops and military sitting there
We are supporting
child abuse by Afghan leaders by giving them money.
We pay Afghans immigrants $17
an hour to teach Marines how to be nice to Afghans. Now immigrants want OT
back pay!
SCAMS
Bundy still has not paid his rent to us—no Fed
accountability—he spit in our eye
Fed and state seems helpless against this one rancher. What
would happen if you said the IRS has no jurisdiction over your assets? IRS
would take your bank account and jail you.
Health Republic Insurance of New York collapse
This Affordable Care Act insurer
got $265 million in U.S. loans. It will stop selling policies and
eventually cease operations under orders from New York
and federal regulators. Health insurance CO-OPs have been hamstrung by both the
structure of the program and the way in which the Affordable Care Act was
implemented.
Regulators fine Fifth Third Bank—no jail time
The bank pays $18 million to harmed African-Americans and
Hispanics for discriminatory auto loan pricing and for illegal credit card practices.
Thomas J. Palermo, advisor, Parkland ,
Fla.
Regulators fine debt collectors but—no
jail time—NOT even name perps?
Westlake Services and Wilshire Consumer Credit deceived consumers by calling under
false pretenses and using phony caller
ID information, falsely threatened
to refer borrowers for investigation or criminal prosecution, and illegally disclosed information about
debts to borrowers’ employers, friends, and family. Owners can just do it
again. See Don
Hankey and his other operations: http://www.westlakefinancial.com/Pages/AboutWestlakeAffiliates.aspx
IAN
41 Watchung Plaza, B242
973.746.2014
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