When TrumpCare becomes law, insurers will be able to charge
more; cover less. There will be no standard of care for our premiums. Marketing
hype will replace quality.
“Employers
want to be able to tell employees they have something in the area of health
insurance,” says David West, Center Changing
Workforce. “And most consumers have very little understanding of the
details of health insurance until they’re faced with a catastrophic
illness.” http://www.consumerreports.org/
GOP: TrumpCare
will cut taxes and boost jobs—GOP markets every law that way!
People earning more than $1 million annually would get a $165
billion tax break, Joint Committee on Taxation found. GOP
has plans to cut Medicare too: market will determine subsidy and cap your
benefits. The Don favors ending Medicaid expansion early so 15
million now covered lose in ‘18. Why are
the people affected by TrumpCare, AARP,
AMA
and AHA
against TrumpCare? Trump supporters face the “unintended
consequences” of their votes—24
million will lose coverage.
John Oliver on TrumpCare https://www.youtube.com/watch?v=Ifi9M7DRazI&t=72s
What will you do
when GOP tells you buy your own insurance or go without?
If you are earning
under $50 an hour will you be able to pay $15,000
to $25,000 to insure your household? If you are employed part time or not
able to buy at work, will you be able to afford a stripped-down
policy at $2,000 each for your family? Despite what Trump says, you may
have access to only
1 policy you can afford and it may
not cover a hospital stay or surgery. Half the
bankruptcies were medical debt in 2001. This is what Ryan means by
“freedom” restored to the health market. But where most people live, there is
no “free market” for health care. How can we let 24
million people die early?
Two of my doctors
won’t take insurance, and the others are not very good. Millionaire Congressmen
pitch “choice” and “competition
will reduce the cost of insurance” but in most of America there is no
competition. As Romney boasted, “I want to fire my insurer” if I don’t like
them. Trump and Congress can afford to
do that because we give them outstanding health coverage. Health
insurance is like our military defense. Conservative Congressmen do NOT mind
paying Lockheed a subsidy
for the F-35 fighter program. They pay
every over-budget bill from Lockheed even though the bills are a
“disgrace.”
Why is keeping all
Americans healthy any different? 24 million will die early.
If your advisor seems really giddy, here is why
Trump’s consigliore Bannon and his billionaire team are
moving swiftly to return US to the good old days of non-regulated brokerage.
Bannon’s “deconstruction
of the administrative state” means your
advisor can get away with selling you a bad annuity and pocketing 10% or
more with no refund for you. Or a high-cost product with returns less than a
bank CD. If you buy a derivative, mortgage or otherwise, it may collapse since
Dodd-Frank is being disassembled. The commodity
regulators and SEC have been cut so there are fewer analysts watching trillions of trades for manipulation.
There are fewer IRS auditors for HNW tax shelters and corporate book cookers.
There are fewer enforcement acts by FINRA if your broker gets greedy. Trust but verify!
Be careful you are
not trumped by The Don: https://www.amazon.com/Dont-Trumped-Dons-economy-strategies/dp/1542615143
FREE tax preparation
Advertising to you is how they pay for free credit score and
“free” tax prep
https://www.creditkarma.com/ needs
your views to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to
file a simple return, this is the cheapest way.
Usually simple means you have W-2 income and few deductions. The IRS has a
topic look up so you can find the answer to your question easier than waiting
on the telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/. Also,
you can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit up to $2,000
subtracted from tax you owe. Double Your Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
How great is The Don’s deal making, really?
Consider all The Don’s foreign building projects when you
remember that he had to take his US deals (Taj, Plaza, Trump Air, etc,) to bankruptcy
court 6 times. Since the banks are not likely to want to be hosed again, The
Don goes to the “bank” of last resort: the mob. He has extensive contacts
in Russia at a
time when the USSR ’s
assets and businesses are being taken by “only the strong Ivans survive.” He
makes a deal with the notorious Azerbaijani oligarchs tied to Iran ’s
Revolutionary Guard. The
development deal does not go well. His links to oligarchs who launder money and
are tied to Iran will not be prosecuted by his own department now but Americans should
start questioning who The Don is taking money from and what
do they have on him.
There are many
wealthy Russian oligarchs The Don has had relationships with over the years
and Putin runs many conduits.
You have the
opportunity to reduce your taxes just like our President
In 1995, The Don
reported that he had lost a $ BILLION in his “great deals” and deducted
over $915 million on his return. The IRS code that the rich complain about
let him offset his income for that year and 18 more so he probably did NOT pay
taxes for many years. His accountant said that many rich take advantage of real
estate depreciation and loss offsets to income or NOL as it is known. He
did this in the 1970s also. He also stiffed the state of New
Jersey $30 million on his casino taxes. You may not have real estate assets
or a governor friend, but you can still avoid taxes on your retirement fund.
The IRS code provides for a tax shelter for working people so that when you
retire, you can avoid all the taxes on your retirement income. Any mutual fund
or brokerage firm can provide you with this tax shelter account at no charge.
All you have to do is set it up in 1 hour and start investing on a regular
basis or if you have a 401k going, convert it to this account over time. This
is the best LEGAL tax shelter available. You don’t need an offshore
tax shelter like the wealth and corporations to pay less.
Avoid taxes like the
wealthy do: https://www.amazon.com/Your-Hidden-Wealth-Reserve-Reduce/dp/1540435148
Most active-managed
mutual funds are “priced to fail”
Mutual fund monitor Morningstar
found that manager expenses
destroy your returns for most funds. According to Jeffrey Ptak, head of
global manager research at Morningstar, active mutual fund fees haven’t fallen
as sharply as other investment expenses. As a result, more than two-thirds of U.S. equity funds carry expenses that would wipe
out their estimated future pre-fee excess returns. Large-cap
US active funds are especially poor performers compared with a low-cost
index fund at 0.05%. Trading costs more than it is worth. Even IRA accounts are
being structured as active
managed accounts with increasing fees. Holding a bunch of large profitable
firms over time is cheaper and provides a better average return for investors
not managers. Putting all our money in one stock is dangerous since it may be 1
in 500 that fails. Hold the largest 500 firms with half their earnings from
overseas is the Buffett’s pick. The Vanguard
500 Index is a Top Ten.
Try the Vanguard Top
Ten: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X
The Don proved that
“alternative facts” are NOT facts but B.S.
There is a reason
that journalists go to school and work for legit news outlets. The President of
the United States made a bold faced LIE using his quick reading of the rant of
a crazy person published by his advisor Bannon’s
former conspiracy blog, Breitbart that Obama, a sitting President actually
illegally wiretapped his phone. Source is radio entertainer Mark
Levin. Because President Trump does not understand how to research FACTS—he
gets his alt facts from Fox,
Breitbart, Info, etc—he made a serious mistake that destroyed his credibility with
75% of Americans and leaders of the rest of the world. His LIE about Obama’s
birth was an insult for 5 years. His LIE about his inaugural crowd. His LIE
about health coverage for all Americans, his LIE about Mexico paying for The Wall and TODAY his LIE about Obama
using Britain to spy on him ruins him. Finally his LIE about no contact
with Putin’s men has made the real press his enemy in his narcissistic eye. Soon most Americans
will disregard what he says. His spacey advisors feed him daily
misinformation. The nuclear codes are ready at hand.
The world fears that
his naiveté, lack of judgment and gullibility to B.S. will start WWIII
with the N. Koreans and China .
*****************
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 shadow, between
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 us all. Richard
DeAgazio might be Russian spy who switched nuclear briefcase on Rick during
photo op. Costs $200,000: “They want to be able to say ‘I had
dinner at the president’s house.’ ” Winter WH.
Creates
fear to control base. Tweets
all night using “alternate universe” from Fox
Real
Donald Trump called for lock-step marching by all and remember your brown
shirts. When ideology “discards
and chops off” the facts and calls world normal.
Conservatives
jump into anarchy: “the deconstruction of the administrative state.” Bannon
called himself a “Leninist”
who wanted to “bring
everything crashing down.” State
Dept being decimated. Putin thrilled with cuts in aid to 3rd
world, NATO, etc!
Racist
legacy: “get out of my country” supporter kills restaurant patron in
KS. Bannon previously articulated his dismay with South Asians supposedly dominate Silicon Valley.
White high schoolers
launch verbal
assault “Trump, trump, trump” in racist chant.
The Don (Putin) does not like diplomacy,
aid to poor, US
19 Agencies you may use being cut
from American society: The Don does not like Meals on Wheels, Sesame St. NPR
radio, Arts, Miners retraining, 62 in all for $343 billion
What he does NOT cut:
No cuts to subsidies to Boeing,
GE, Intel, Nike, Shell, Fiat, GM, Ford,
hundreds more.
No cuts to govt cost overruns of $ trillions
each year. And Congressperson subsidies.
Wealthy 1% will
receive a $165
billion tax break,
*
Spicer: “Trump meant
"surveillance
and other activities" and not “Obama himself”
Tillerson uses a
private email to talk about human-caused climate change –Deniability
Flynn may have been paid
by Russian firms while campaigning for Trump
Trump
accuses Britain of spying on him for Obama. Pissing off our friends.
GOP claims EPA is
releasing "propaganda" that is "brainwashing
our kids”
Putin influence: Russian foreign minister Ryabkov met with
Trump campaign. “But
we will of course continue this work after the elections.”
Putin influence: State Dept senior people and budget cut—Tillerson out of loop.
Putin influence: State Dept senior people and budget cut—Tillerson out of loop.
Putin influence: Europe NATO Syria US
out of loop
Flynn
collecting $½ million from foreigners to influence The Don while campaigning!
Putin influence: Russia’s
elite are overpaying for Trump properties/building projects
Putin influence: Every
one of Trump lieutenants has connections to Russia. See chart: https://swalwell.house.gov/issues/russia-trump-his-administration-s-ties
Boeing
now in charge of Defense Dept –Trump puts exec Shanahan as deputy SoD
GOP votes to allow hunting of grizzly bears and wolves in Alaska ’s
wildlife refuges. Your children won’t get to see them except in zoos.
Budget Mulvaney: 'What
people want is to get care,' not insurance coverage. Medicare?
Mulvaney says only 1 insurer in SC: Medicare
provides care without insurance coverage!
GOP Rep Issa says we are going to single payor like
Medicare.
Planned Parenthood funding cuts
mean more women without birth control so more
kids.
GOP law makes us pay 30% penalty if we don’t get genetic test for employer health
plan.
*************
Regulators are the only protection against
corporations since we
can’t sue anymore
“It is nearly
impossible for one individual to take on a corporation with vast resources.”
Supremes
stop us from suing—State courts no
longer available to sue corporations!
Matthew Nemer, WellsFargo violated
Finra conflict rules; published misleading research
Regulators are looking at mortgages
that finance malls as the next bank crisis.
Nationstar Mortgage caught failing
to report accurate data to stakeholders.
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?
Police organization issued a formal
apology for the historic mistreatment of minorities.
Police to buy
military weapons against civilians again.
FL makes it easier
to kill if you feel threatened—“prove I didn’t feel threatened” Ha
SCAMS:
FBI
Comey got his reward for throwing the election to The Don: A new building
in VA.
Ignoramus Award:
Secret Service
caught taking
photos of The Don’s grandson while sleeping--Creepy
How our government
wastes our money:
The
Trump ”brand is the hottest it has ever been” and we pay for $1 billion
protection.
$35 BILLION for new Space Launch System
from Medicaid cuts.
$ millions defraud Navy bribing
Admiral Loveless by Glenn Defense
Marine Asia
$54 BILLION for ‘battleships’.
Seal Teams and drones
kill terrorists not battleships.
Where have all the
jobs gone?
Which job board sites are best
for your job search?
Who owns your
account now?
MetLife retail products now called Brighthouse
Financial as it spins off annuity/life.
You can read how this all comes out in Orwell’s 1984: CIA
tracks everyone everywhere just like in the book: http://www.online-literature.com/orwell/1984/2/
Ransomware recovery: http://securityaffairs.co/wordpress/53438/malware/ransomware-recover-guide.html
Cancel Robo calls with Mr NoMoRobo: https://www.nomorobo.com/
Miracle:
The Don’s 2005 tax return appears: paid 25%--low rate not
millionaire rate 39%
“The
"mega-rich" pay about 15 percent in taxes, while the middle
class "fall into the 15 percent and 25 percent income tax brackets,
and then are hit with heavy payroll taxes to boot."— Warren
Buffett
But... but maybe he's
only a little crazy like painters or composers or... or some of those men in
Washington. Mr Shellhammer in Miracle on 34th
street
IAN
41 Watchung Plaza, B242
973.746.2014
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