Friday, February 17, 2017

TrumpCare could be America's salvation

TrumpCare could be America’s salvation
The solution is staring everyone in the face. Those who do not have medical from their job will be automatically covered by Medicare. Medicare will be powerful enough to negotiate (Trump’s claim to fame) lower prices for all. Big Pharma will have no choice but deliver for us—fair prices and for themselves—volume profits. The bureaucracy already exists so no new department. The Don can go after the Medicare mills and illegitimate providers. The costs for all will be less and The Don can claim a win. The total money spent would be the same; it just gets used for more people. The people who need coverage are those at risk—just like elderly. Medicare was created because seniors could not find coverage in the open market at a reasonable price. Same situation now. There is nothing in the Constitution or US Code that says we must prepay health care in advance for all Americans. We pay as we go for military protection and law courts etc. In fact F35 and Zumwalt is $billions over budget. Medical care is like water and air. It is a basic right not just for those who can afford it.
The entire government has good health care we pay for.
Why not us?


Cars that have problems you should avoid
No matter what the price, these 18 cars have documented high-cost repairs. Even expensive cars like Audi RS6. Audi owners often complained of front end suspension sagging. Most complaints about the RS6 have been limited to the older 1st and 2nd generation models of the RS6. The other 17 lemons have all kinds of limitations. But even if you find one at a discount, do you want to spend time in the shop. Also don’t touch the TEN with the greatest number of safety complaints from owners.
Don’t forget to ask for discounts on your insurance: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Why tax code reform will never happen
Despite The Don’s claims, tax reform will not take place because corporate lobbyists and our reps have been paid $ billions to make tax policy very good for them. Nearly two-thirds of U.S. companies and 68% of foreign corporations do NOT pay federal income taxes. Those that do, pay an average of 12.6% not 35%. We pay more than 12.6%. Some firms have avoided tax by putting $2.10 trillion of profits in tax shelters overseas. Most individuals can’t do that legally. The wealthy will always find ways to avoid taxes. With lawyers, you can hide your money and still claim you’re legal like Romney did. Some firms have paid huge sums for lawyers to create a “carve out” and paper losses so they can write off taxes. The Don deducted $ billion in 1995. And some receive subsidies which are tax laws their lobbyists write for their special circumstances. For instance, GE has received a refund despite reporting a profit. Almost every large firm and sectors has subsidies or tax benefits. We even pay oil companies with profits. There are specials for corporate leaders too. Ryan and the GOP have proposed a national sales tax (“consumption”) so that you and I will pay more to make up for low 12.6% rates. But that won’t fly. In fact, KS is now reversing the GOP tax cut for wealthy to grow jobs in 2012 because made it worse for all of Kansas except Koch Bros. Why would corporations and wealthy allow a change to the system that benefits them at our expense? The deficit goes up and we pay for it regularly.


What happens if you don’t have a will? Do you need one?
Most people don’t need a will because most people have already designated their beneficiary. Most people own their home jointly with a spouse or child. Most people with retirement funds or brokerage account have named their spouse or kin as beneficiary. At death, their joint checking or individual account will go to kin. There is only one reason to have a will and that is to name a custodian for under age children or if you have large assets not held in a trust. But most people don’t have these items as they pass into retirement. They may have a small life insurance policy to pay for the funeral and final expenses but usually even that is an unnecessary expense.


GOP to end our only protection against Wall Street gouging
The most successful agency created by Dodd-Frank is the Consumer Financial Protection Bureau. If Trump allows them to kill this agency, we will have no way short of a $ million fund to sue corporations to fix financial service firm that plunder those without lawyers. With over 700,000 complaints, we can see which firms need to be avoided. This is only way to get our money back if we have a problem without going to biased arbitration. It caught student loan servicers abusing our service members intentionally (overcharged in violation of federal law). Because of the database, Chopra said, “for the first time, consumers feel there is a government agency that's actually working for them.” And of course, the GOP can’t wait to get rid of it. 27 million Americans have been helped which costs their funders $12 billion in restitution. There are probably another 27 million that never knew about the CFPB to make a complaint.

Tax breaks for your small business
You know that The Don is famous for claiming he pays as little tax as possible: “I have a write-off. A lot of it is depreciation, which is a wonderful charge,” he said. “I love depreciation.” Depreciation is an expense for using assets (buildings, cars, etc) over time. The Don has buildings, planes, etc. As owner, he can offset his income (Apprentice, etc) with business expenses and end up paying no zero taxes.
Let’s count the ways you can avoid taxes too: deduct costs incurred for launching a new business before you actually form it. Deduct the full expenses associated with purchasing, running and maintaining a vehicle. Magazines and other materials used for information about your business. Your business losses may be deductible as bad debts and offset other income. You can deduct business or personal loan interest used for the making money. Office space even in your home is deducted from income. Any fees you pay to run the business as well as utility and phone services are deductible. A tax-Free retirement plan is a business expense. Your tax shelter accountant fees are deductible. You can take a credit against any tax due by hiring a vet this year. There are many more offsets to income even income from your current job.
You may not be able to deduct $ 960 million like The Don yet but a business is the American way to avoid taxes. https://www.amazon.com/Your-Hidden-Wealth-Reserve-Reduce-Taxes/dp/1540435148


Watch as your company pension is sold
Insurance companies think they can make a killing on your pension so they are trying to buy them from your company. Prudential, the biggest player in pension transfers, said it had finalized $2.2 billion in pension deals during the fourth quarter, including a $1.8 billion deal with United Technologies (Carrier). Make sure when it happens you understand the options. Can you take a lump sum instead? Is the insurer sound? Your company wants to quit carrying your pension because when interest rates are low, it has to set aside more money for future payments to you. When rates are high, the pension money looks good on its financials. If your firm is good at investing, it is a great business. However, your firm may be slimming down—get rid of back office to India, pensions to Pru and foreign subsidiary profits to foreign tax shelters. The trend may continue. For instance, GM's current pension plan that is still held by the company is underfunded by $7.2 billion even though GM dumped some 76,000 pensions by going bankrupt in 2009 after killing 24 drivers in unsafe cars made that way.


Now, ‘advisors’ will show how they are paid more for ‘house’ brand, finally
Bank of America will stop offering commission-based retirement accounts and will disclose fees that clients pay to the firm’s 14,000 brokers (‘advisor’ is not accurate term since they are paid to sell not advise). Up till now, we never knew how much the sellers got paid. We still don’t know how much their FIRMs get paid. Merrill Lynch will break out fees for asset management services and products including mutual funds, alternative investments and commodities. Such fees previously were embedded in statements in ways that customers found hard to understand intentionally. They still won’t show that the “house” brand is usually more expensive and thus more appealing to your salesperson because they can meet their monthly revenue goals with those products. According to Chase wealth management sellers, Selling products that may be better for you are not even discussed.
Avoid the “high-cost” sellers and earn 50% more: https://www.amazon.com/Pimps-Wall-Street-money-middlemen/dp/151525254X


We are entering the Twilight Zone:
"There is a fifth dimension beyond that which is known to man. It is a dimension as vast as space and timeless as infinity. It is the middle ground between light and shadowbetween science and superstition, and it lies between the pit of man's fears and the summit of his knowledge. It is an area which we call the Twilight Zone" where “alternative facts” and illusions of conspiracies are lived out. Lies are considered truth. 
Rod Serling
  

Remember, Don Trump is still a contractor from Queens NY, just richer than most. As a promoter, his income is from lending his wealth “brand” to other’s buildings and golf. The Don does not like to read so policy is 1 page of MAPS—he likes maps and TV. He conducts secret state business in front of the wealthy, letting them play with the nuclear “football” that can kill Earth. Richard DeAgazio might be Russian spy who switched nuclear briefcase on Rick during photo op.

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Promises (lies) and Actual outcomes:

The Don is a compulsive liar and fears failure of any kind—Even Fox News knows
Lies easily proven are dismissed as “my staff gave me this” “I read it somewhere”
“I have nothing to do with Russia.” Reality is he had many contacts and envies Putin.

Trump does not see that as a problem. Flynn lied to FBI makes him a felon suspect.


The Don’s Labor Puzder who did not pay SS tax for his housekeeper FIRED (withdrew)
GOP McConnell’s delusion: “I think Andy Puzder is an outstanding choice”

Clown Show:
The Don needs EXTREME VETTING on his staff – refugees are already vetted for 18 mos. Flynn, Conway, Puzder and Crowley are “bad” for business. He kept Flynn’s lying to Pence about sanctions deal hidden for 2 weeks. He blames media for his mistake of course. 

The Don’s Defense wants to send big combat force back to Syria to fight ISIS like Iraq. He formerly said “knock the hell out of themwith secret plan (nuclear bomb) for ISIS


The Don’s TrumpCare will be ObamaCare with tweaks to save face. Not GOP plan to be decided by states with no subsidy for the poor and it’s voluntary—the Bush II plan.

The Don’s “get tough on China” is forgotten

Free Pass: The Don’s poor hiring decision on Flynn will NOT be investigated by House.

The Don’s “get tough on immigrants” is now Dems saving theme

The Don’s millions of illegal votes is now non-starter—his own team is registered twice

The Don’s aides are trying not to appear “weak” or “low energy”—not good attributes.

The Don’s promise to “save” Social Security Medicare could mean cuts and vouchers. GOP plans to “save” programs by cutting benefits and giving vouchers.

Finally bringing comprehensive health care to the neediest.

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Regulators are the only protection against corporations since we can’t sue anymore

Hartford caught trying to change VA owner’s options and payouts.


We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own
GM killed 124 because ignition switch pin not replaced after knew it killed first in 2006.


Police want gun control.
When everyone has guns; your chance of being killed goes up. Police don’t know who to shoot. They assume everyone has one and shoot first. You and thief have guns. CO schools now allow teachers/administrators to carry guns in the classroom. Kid lesson! Since 2015, police have killed 86 people with realistic looking FAKE guns--suicide?




SCAMS:
Promoters are selling “secret” retirement plan called 26(f) which is really life insurance https://www.law.cornell.edu/uscode/text/26/7702. If you have huge policy, you can borrow from it for “tax-FREE” income. Scam is new name but old as 1899.



Ignoramus Award:
Trump embarrassed by his own promoters
The Don signed the Muslim ban without consulting others about the effect and history of such acts. The ban was written by Steve Bannon and Steve Miller, right-wing conspiracy promoters, who now seem to decide foreign policy issues. Bannon got Trump to replace the Joint Chiefs on the top security committee with himself. Miller learned right-wing religious propaganda from Michele Bachmann and Jeff Sessions.


How our government wastes our money:
The Don’s business ventures cost $ millions a week to guard: Entertaining Japan PM in public setting at aLargo, Eric Trump’s trip to promote a Trump-brand condo tower in Uruguay required more Secret Service than we have, Mel and son Baron are hold up in The Tower with 4 streets blocked by NYPD, Bedminster NJ golf estate.


Where have all the jobs gone?


Which job board sites are best for your job search?

Who owns your account now?
Trian Partners to control Procter & Gamble for layoffs and cancel brands and break up. 
Verizon to take Yahoo
Aon employee benefits business to Blackstone Group

Miracle:
The nuclear codes in “football” were not stolen from Trump resort while Rick’s photo op.

IAN
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