Friday, December 4, 2015

Our 'reps' benefit from tax evasion--they own the stocks!

Our ‘reps’ allow companies to avoid paying fair share—workers pick up debt
Tax rules written by people paid for by American multinationals give them enormous incentives to park their earnings outside the United States even without using a fake address like Pfizer. Executives are doing what is rational for themselves but it means that those of us who work in US are forced to tighten our belts, receive fewer services and mortgage our future with debt to China and others. Politicians promise us lower taxes and greater military spending to get elected. This ultimately means cuts to Social Security and Medicare for the working middle class.  

Where our “Reps” put their investments—with tax evaders!
30 percent of senators and 20 percent of representatives "held assets in biomedical and health-care companies, or in specialty funds set up to invest in those industries, during 2014." The investments totaled upward of $68 million—more than lawmakers' combined investments in the defense and construction industries—and were concentrated on such major multinationals as Pfizer, Johnson & Johnson, and Merck. While this may appear to be a conflict of interest, there is nothing illegal in this practice.

Should America limit the prices we pay for drugs and devices?
Martin Shkreli hasn’t changed. If anything, the provocative pharmaceutical CEO — who became “the most hated man in America” earlier this year — thinks he didn’t go far enough when he hiked the price of Daraprim by more than 5,000% overnight. “I would have raised prices higher,” Shkreli vowed on Thursday, after being asked how he would re-do the past three months. “That’s my duty.” Maximize profits for wealthy owners or keep price within range of average American who needs it? This is our challenge.
            We pledged: “Life, Liberty and the Pursuit of Happiness” The phrase gives three examples of the "unalienable rights" which the Declaration says has been given to all human beings by their Creator, and for which governments are created to protect.
But if only the rich can afford drugs that give life, are we hurting ourselves?
Are drugs—good health—any different than utilities or water?

Congress Prepares Huge Tax-Break Giveaways for 2015
Despite GOP whining of overspending, they give tens of billions of dollars in tax breaks and other goodies to just about every conceivable interest group – from well-heeled corporate executives and film producers to rum makers, NASCAR track owners, and horse breeders. None of these breaks are paid for—our “reps” just add $87 Billion to the credit card like the wars they never declared in Afgan, Iraq, Syria, etc. GOP has plans to make business depreciation permanent costing $450 billion through 2025.

Vanguard is eating Wall Street’s bonus
Vanguard mutual funds – investing in no-sizzle index funds at low cost –is taking business from Wall Street firms at $20 Billion less profit this year alone. Their loss is your gain.

Is a hedge fund or alternative investment right for you?
Billionaire investor William Ackman's Pershing Square Capital Management hedge fund lost 2 percent in November and ended the first 11 months of the year with a 17 percent loss. On the other hand, if you had gone with Vanguard’s 500 index fund you would be up by 3% for the year and up 13% a year for 5 years and 11% a year since 1976.


The top reality TV Show in America!

Does our President need to be rational and truthful?

            NO It’s entertainment like Apprentice—fake calamity for money!
“I won’t do the debate unless they pay me $5 million; it goes to wounded warriors vets.”

Cruz: "The overwhelming majority of violent criminals are Democrats." They vote?
            On women’s health: “… we don't have a rubber shortage in America.”
Carson: refugees can live in camps forever “All they need is adequate funding.”
Fiorina: “I will not be bullied into telling the truth.” RE: rant on “baby parts” channeled      by CO gunman on Planned Parenthood?
Trump: tirade on immigrants channeled by Boston thugs beating up homeless?
            Thinks 100 black pastors were bullied into NOT endorsing him
            "thousands and thousands cheered” the collapse of the WTC in New Jersey.
Christie: “It didn’t happen and people can say anything, facts are the facts.” Right!
Cruz: Planned Parenthood attacked by “leftist activist”!
Carson: called for a “rational discussion.” … on Joseph building the Pyramids???
            “I would not just stand there and let him shoot355 mass shootings in 365 days
Bachmann: 70 percent of refugees are “gang-age males” who rape non-Muslim women.
Obama: “No boots on ground” BUT sending special forces do raids, free hostages and capture ISIS leaders in both Iraq and Syria. Don’t they wear boots?

We need regulation—GOP is wrong—companies would not fix bad products on own
Regulators stop drug company patent abuse: “Some patents and extensions to patents             represent an unreasonable use of government regulation to enshrine monopoly             power to the detriment of the public at large,” Mr. Bass said. “This system must      be fixed or we will continue to pay more and more for the same old drugs we’ve          been buying for decades.” Generic drugs are bought out so we pay higher price    and for longer time.
Wells Fargo caught encouraging employees to open unauthorized consumer accounts and             then charging those accounts phony fees to meet sales. 
Scott Valente, East Greenbush, N.Y., caught stealing $10.6 million; promised 36%.
Clarity Services and Tim Ranney caught illegally obtaining consumer credit reports.
Alpha Fiduciary and Arthur T. Doglione caught misleading clients with high returns.
Regulators: Any person on anti-terrorist "no fly" list can still buy assault weapons. WoW
            Even Daily News is upset with lack of any legislation to stop our mass murders!

Persistent inequality hurts economic growth over the long run
Brilliant deduction by Morgan Stanley who sees it undermines incentives to work hard, get more education and improve skills. It may undermine trust in policy makers and social institutions, and lead to economic policy solutions such as increased market regulation, protectionism and anti- immigration measures. "In contrast [to post WWII years], middle-class aspirations are now running up against the wall of job and retirement insecurity." Advice: “That will benefit companies such as Nestle (Swiss), which is successful in catering to both higher- and lower-income customers.”
Fight inequality—use your IRS Tax-FREE account:  http://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466


Do you have one? 7 cars buyers regret buying most
Consumer Reports’ annual survey of 230,000 car owners reports six other less obvious vehicles that led to a miserable experience. The seven cars from each category they rank are:
·  Jeep Compass, which exists only to tell other people you make poor life
·  The Nissan Quest minivan, slammed for bad visibility and a frustrating CVT
·  The Mercedes-Benz CLA, which—surprise!—feels cheap
·  The Nissan Altima, called “horrible” and “irritating” for its handling
·  The Hyundai Veloster, which felt cheap and underpowered
·  The Nissan Frontier, dinged for bad fuel economy and a terrible turning radius
·  And the Kia Rio, blasted for worse fuel economy than advertised and a harsh ride

HOW CONGRESS WASTES OUR TAX DOLLARS
Special Inspector General John F. Sopko has spent years documenting waste, fraud and abuse in the U.S. military’s efforts to rebuild war-torn Afghanistan. We have spent $110 billion on reconstruction projects in Afghanistan. When adjusted for inflation, that total exceeds the value of the entire Marshall Plan effort to rebuild Western Europe, WWII.
=More than $8 billion in spending on counter-narcotics efforts in Afghanistan that have “failed by every conceivable metric. Afgans grow poppies like we grow corn.
=The purchase of nearly $500 million worth of airplanes that never could fly and had to be turned into scrap.
=Construction of a building that literally began to melt when it rained.
A $500,000 health clinic that lacked water and electricity. Newborn babies had to be washed in a nearby dirty river.

Pentagon's $2.7-billion "zombie" program of radar-equipped blimps wreaked havoc on parts of the East Coast. Despite its well-documented deficiencies, lawmakers from both parties are planning to continue funding the system.
Do contributions to lawmakers have anything to do with it? 

SCAM
Are online product reviews fake--written by the seller? Check http://fakespot.com/

IAN
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