Showing posts with label drug subsidy. Show all posts
Showing posts with label drug subsidy. Show all posts

Friday, April 5, 2024

Unsafe vehicles

 

How Govt wastes our money:                                                                       Apr 2024

NASA wastes taxes: Microgravity Disrupts Astronauts’ Gene Rhythms During Space

Biden gives $ Billions in bombs to Israel same day as acknowledging US killing innocents

Biden to sell 50 military planes to Israel worth $18 B income to Boeing over time

 

133,000 households split $20 trillion 2020 as of 2023 up 47% with fewer 2017 taxes.

 

1,000 people died after police subdued them with this kind of “less-lethal force.”

NASA wastes $4.25 Billion on Jupiter moon as possible habitable ice ‘home’

3 out of 10 Americans have no retirement savings: we will have to pay higher taxes

 

SCAMS/SPINS:

"Strive not to be a success, but rather to be of value." – Albert Einstein

 

Judge warns us against Trump tyranny: Trump attacks judge’s family

Judge Luttig: Trump’s mobster tactics: ‘Nobody in a position of responsibility has addressed it'

Trump’s audience is his congregation: White religious folks find a savior to believe in

 

“Restrictive ed laws affect 1/2 the kids aged 5 to 19.” limit or forbid sensitive topics

 

CA fails to deal with lack of homeowners’ insurers: premiums up; coverage down!

Vehicle touch screens tempt drivers to look away from the road

Recall: Kia recalls 400,000 SUVs over rollaway issue: moving in Park!

 

Kia, Hyundai engine failure class action settlement

Subaru Ascent CVT defective transmissions class action settlement

Audi vehicles had engines with defective pistons: VW class action settlement

 

Fake subscription renewal notices take us for a costly ride

Facebook Scams: common online scams

Use of ChatGPT is ticking up, but few trust its election information

Biden administration is not secretly flying undocumented immigrants to the U.S.

No evidence that collapse of Bridge was intentional attack or caused by DEI programs.

 

We led the way in new oil and gas projects in 2022 and 2023: we make world hotter!

Climate change is making giant heat waves crawl slower across globe

Recall: Hazardous Products That Were Recalled This Week: Cancer ‘cures’

42,000 bridges nationwide were rated as poor: IA PA have greatest number “poor”

 

William Jack Berg IA stole $1.5 million from clients promised invest in securities.

Christopher Turean IN stole $4.7 million from client promised high real estate returns

White GOP boss votes illegally 9 times; fined: Black TX woman votes 1 time; 5 yrs jail

 

Beware: IRS Cracks Down on Abusive CRAT Strategy: trust profit to annuity penalties

Scammers that aggressively mislead taxpayers into thinking ‘tax debts can disappear.’

Biggest drug companies fail to turn enormous profits into discoveries: little guys do

 

Physicians with other specialties are practicing cosmetic surgery on us and some die

 

World Central Kitchen says Israeli strike kills 7 of its workers in Gaza

‘Lavender’: The AI machine directing Israel’s bombing spree in Gaza: “illing machine”

 

15-year-old killed by sheriff's deputies as she followed their instructions 

 

Jobs

jobs.interestingengineering.com/

Cheap child labor replaces immigrants in some 16 states as 13 strengthen labor laws

Latinos are launching new businesses at staggeringly higher rates

 

Who owns your account now?

Where is your refund? irs.gov/wheres-my-refund IRS: what-if-i-cant-pay-my-taxes

Biden restores endangered species protections rolled back by Trump

Wellness: Cancer patients want 2nd round treatment when cancer returns

 

Elite Clubs and the Process of Exclusion: Wealthy have their own hang outs.

Best vehicle choices for safety within size categories: foreign names made here.

Medicare Advantage chaos: some providers cancel insurer plans

 

Audit Technique Guides can help you find what IRS is looking for in your accounts

are-you-liable-for-data-breaches/: depends on type of business

Can we fail in retirement: hard to stop accumulation phase emotionally

Documents you need in retirement: it may be too late later

 

NYTimes to soon offer most articles via automated voice

 

Most retirees still had 80% of their pre-retirement savings after 20 years of retirement

Average retirement savings balance by age

Save money: free tax filing options—get time extension to file return

 

Best & Worst Firms for Self-Directed Investors: J.D. Power, 2024

Fireman's Fund (Allianz’s U.S. insurance unit) to Arch Insurance

 

Miracles:

Cancer signs could be spotted years before symptoms, says new research institute

Focused Ultrasound Emerges As Game-Changer For Chronic Pain Relief

New blood test might offer convenient way for people to get tested for colorectal cancer

 

3D-printing living brain tissue that grows, functions, and communicates like normal tissue.

Americans 100 or older is projected by the Census Bureau to quadruple in the next 30 years.

 

 

 

 

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Lessons from successful investors

 

Insure your life -style

Invest the same amount you spend on life insurance to save your life –style later.

Young people want to know how much should they invest. At a recent wedding, the groom asked me this question. Most young people don’t start investing until they settle down and get married and or get pregnant. The easy answer is start investing as soon as you get a job. However, investing becomes critical when we start a family. Many are starting a family later than previous generations. It becomes critical to saving enough for retirement that we begin at this time of thinking about the future. It is a critical time because there is a big difference between investing for 30 years ($569,831) and 40 years ($1,594,195). A simple example makes the case: invest $250 a month for 30 years vs 40 years at the average stock market return rate. Would your family rather have $1/2 million or $1 and a half million for the future 30-40 years of retirement?

It is TIME not timing: https://www.amazon.com/Buffett-Strategy-854-000-not/dp/1978481020

 

“Playing the market” is a waste of money

This is the conclusion of many money experts who have compared ‘buy and sell’ to “buy and hold” strategies. Why? The market movements are like the weather—experts make predictions that are wrong. Some analysts have made the right decisions for a short time but none have shown how to be correct all the time. Warren Buffett has a 59-year record of earning 19.8% a year of being right by holding many stocks for decades. He does engage in “buy and sell” because his 60-year experience has taught him a few investment secrets. However, he does fail from time to time. This is the lesson for most of us without the knowledge or experience: the “buy and hold” strategy is the superior way to investment success. Otherwise, we think of investing as equivalent to gambling: some win and some lose. Usually we play for the fun and most of us lose our stake. Grow your wealth account; don’t gamble it with the wrong strategy.

Use Buffett as your advisor: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

 

Making Financial Independence less boring

Many clients come to me when they get bored saving and investing for the future. When they try to stay informed about financial matters, they hear about new thrilling news from their friends or on the media. The hype is usually short-lived—they don’t hear about the letdown that often follows. Their friends don’t provide the embarrassing follow up that puts them in a foolish light. I try to calm my clients by getting them to restate their goals—especially their short-term goals and achievements. I underscore the fact that they DID accomplish the goal of paying for their child’s education or buying that expensive vehicle or vacation. They are now living in the best home they could afford at the time and wow, it has really appreciated in value, thank you. Setting and reviewing interim goals and achievements must be done on a regular schedule. Celebrating a goal met is often overlooked. Saving and investing on a monthly basis looks boring compared with the exciting happy-hour banter we hear regularly. Sorry but most of it is just making conversation to impress others. I ask clients to offer their real-life milestone achievements to counter such talk. Offer: “We finally got David through his first year without taking that $20,000 loan.” Or: “You should look into spending 2 weeks on that fantastic Spanish coast near Málaga.”

Focus on interim wins: https://www.amazon.com/Patience-is-profitable-passive-investments-Street/dp/1986843777

 

Teaching your child how to build wealth

The Simple, Easy and Wise Plan: $9 a day grows to $55,000, $400,000, $2,000,000 over time, 1 hour to set up at no cost, 1 hour to manage once a year, a tooth brush to remind you building wealth is a habit. Every year your child delays investing costs them $100,000 later. Accumulating $2,000,000 over time does NOT require them to be a genius or lucky stock picker. All it takes is one hour on the telephone or computer to set up a tax-FREE account at no cost. You or your child tell the trustee to take $9 a day—$250 a month from their or your checking account automatically. They check on their low-cost mutual funds once a year. That's it. Oh yes. Every morning when they brush their teeth, they think about how their wealth is growing because they are leaving it alone. Remember what the great investor, Warren Buffett, said: “We continue to make more money when snoring than when active.” In the last few years, smart investors have come to learn the secret of building wealth by doing NOTHING. After a hundred years of the financial industry broadcasting the myth of Wall Street, some have come to realize that we don't need a highly compensated salesman to build wealth. The myth of Wall Street is that only the ‘professionals’ know how to build wealth. Luckily, in 1951, John Bogle, outlined a way to accumulate assets without the high cost of using a salesperson to pick securities. Wall Street was busted and your child wins the wealth-building game.

Help them start: https://www.amazon.com/Building-Wealth-Like-Brushing-Teeth/dp/1470141469

 

What is the right asset allocation for you?

Advisors show clients a huge process of picking the “right” portfolio for them. This lengthy process can take many weeks and several personal visits. All this time and energy looks impressive and the bill is even more impressive. But does it really matter? Over time your asset allocation should lean toward the less volatile. The standard practice matches your age to your fixed securities choices. Since you have time to grow out of the experience of high volatility-high returns (stocks), your advisor or your Target-Date mutual fund should be making changes periodically. You should be receiving cash-flow management, tax planning and wealth protection from your advisor during this process. The theory is that when you are near retirement age you should have a 40/60% stock/bond allocation for wealth protection. At younger ages, you should have a 90/10% stock/bond allocation for accumulation. Of course every person has different needs. However, master investor Warren Buffett advocates owning only two funds for life. He says a low-cost S&P 500 index fund should be funded with 90% of your retirement dollars. The 10% provides you with income for the current year.

https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

 

 

 

 

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********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracyWe rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct govt overthrow failed: guns & bombs were ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

I don’t f—ing care that they have weapons

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Trump still terrorizing election woman

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limitJ6 comm threat

 

January 6, 2021A date which will live in infamy

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

Nov 8 2022 Trump’s “national revolution” failed

 

Nov 15 2022 Trump announces for 2024 to avoid lawsuits

 

Dec 3 2022 Trump: cancel Constitution rules so ‘I win

 

Mar 11 2023 Pence straddles his place in history

 

Mar 31 2023 Trump indicted misusing election money

 

Apr 7 2023 One GOP guy decided which drugs we can use

 

Apr 9 Illustrated Anne Frank book removed by Florida school

 

Apr 21 Trump: “I am your justice

 

May 9 Trump guilty of sexual abuse

 

Jun 8 Trump indicted by the United States of America

Violation of the Espionage Act

Conspiracy to obstruct justice

Making false statements 

 

Aug 1 2023 Trump indicted by the United States of America

Conspiracy to defraud the United States

Conspiracy to obstruct Congressional proceeding

Obstruction of and attempt to obstruct an official proceeding

Conspiracy against right to vote

 

 

Attempted coup d'état by any other name: American fascism

 

350+ people have been sentenced to jail or prison.

 

 

Trump and His Gang Get the Mob Treatment

 

Aug 4  “IF YOU GO AFTER ME, I’M COMING AFTER YOU!”

 

Mobster #1 Enrique Tarrio gets 22 years 

Mobster Stewart Rhodes sentenced to 18 years

Mobster Ethan Nordean gets 18 years

Mobster Dominic Pezzola sentenced to 10 years

 

 

Aug 14 2023 Trump & 18 indicted by the State of Georgia

 

VIOLATION OF THE GEORGIA RICO (RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS) ACT SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER

CONSPIRACY TO COMMIT INIPERSONATIN PUBLIC OFFICER FIRST DEGREE

CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS

CONSPIRACY TO COMMIT FALSE DOCUMENTS

FORGERY IN THE FIRST DEGREE

CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS

FILING FALSE DOCUMENTS

SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER

FALSE STATEMENTS AND WRITINGS

SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER

FALSE STATEMENTS AND WRITINGS

 

 

Aug 24 2023 The Don, Racketeer: GA jailhouse real ‘mug’ shot

 

Oct 2 2023 Kelly on Trump’s staff, confirms Trump called our veterans/wounded soldiers, “suckers

 

Don’t get pregnant in Idaho: if you have an emergency, doctors told to let you die

 

Dec 2023: Trump using Hitler language to scare us

 

Wannabe Dictatorruns our House of “Representatives

 

MAGA kills GOP: Trump kills Reagan’s GOP

 

Jan 15, 2024: “God gave us Trump” the white christians’ savior 

 

MAGA rules the Republicans

 

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

Trump’s plans for America 2025-2028

 

 

 

 

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Miracles that made our world

 

Our Universe is a miracle

 

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything (galaxies to stones) in universe made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

A ‘particle’ is an event; not an objective thing. This event is set of complex relationships.

New theory may finally unite Einstein's gravity with the quantum world

Our Reality May Be a Sum of All Possible Realities

 

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving

Energy into matter: scientists converted light energy directly into matter in one step

In place of atomic lattice, light waves used to create an optical lattice with same geometry

Physics Nobel Prize: “entanglement” 2 particles share info instantly at a distance

Quantum mechanics violates local realism: two objects behave as single system at distance

New theory: no need for dark matter; dark energy: energy in universe due to erratic spacetime

 

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

Gravity might induce the collapse of quantum vibrations into 1 quantum state—our world

Strange state of physics that allows energy to flow frictionlessly through a material

Bending light from extreme gravity reveals largest black hole so far

Curved SpaceTime: heavy masses and simultaneously quantum effects become visible

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before: created our time.

Our planetary system: rarest system: only 1% of all systems with same number of planets

 

Stars fueled by the self-annihilation of dark matter might have been spotted for the first time by JWST

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

Gold made from neutron stars: collisions produce more neutrons:79 protons,118 neutrons

The proton is so complicated science still finds new energy entities/forces every year.

 

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

New method to study systems with long-range interactions: previously puzzling experts

The electricity we use comes from the field around the wire not from electron itself.

 

Natural ‘missing law’ explain how universe evolved: functions increase in complexity over time

Scientists build 'baby' wormhole as sci-fi moves closer to fact: inside quantum computer

starts-with-a-bang/universe-expansion-not-accelerating/

Physicists knew black holes eventually disappear particle by particle. Now they think everything else does, too.

Astronomers discover raw materials for life are present all across the Universe: methyl cation

New Astrophysical Models: Earth’s Building Blocks Contained Water: metal oxides

 

 

IAN

973.746.2014

http://www.theinsidersguides.com/ 

Alerts available at http://dankeppel.blogspot.com/

No AI used in these comments

 

 

Friday, July 31, 2020

Trump’s watered-down fiduciary rules hurt our nest egg


GOP against lower drug prices but supports buying profit companies
Most US drugs cost 50-100% less for families in Canada and Europe. Some in Washington want to link some U.S. drug prices to the lower prices paid overseas. However, the drug industry and many Republicans taking their ‘gifts’ see it as a price control that violates ‘free-market’ principles. These same GOP members don’t see the violation of their so called “free-market principles” in buying 30% of YRC, a struggling trucking company. GOP backed our national bank in buying the lower-rated bonds of US firms starting in May. The GOP handed $ millions in forgivable loans to private plane companies that contributed to Trump elections. GOP wants to cut unemployment help to 50 million out of work because they say it keeps them from going back to work. GOP says $600 is “too generous and provides a disincentive for returning to work.” So GOP spends our money (future taxes) on their donors’ companies, creating a socialist economy but denies the jobless a means of survival until their jobs are safe to return to work.

Can Trump’s paramilitary occupy our cities to assure a Nov win?
With Trump’s unaccountable and masked paramilitary in our cities during election, can intimidation and violence scare voters into staying away from polls. They do that in some fascist countries? There does not seem to be any law or power that can dissuade him from continuing to hold Portland. He did it in Washington DC for the bible-walk PR stunt. Shooting tear gas at peaceful demonstrators in the park did not get a rise out of any law enforcement or the Congress. His own Justice Dept ‘watchdog’ is unlikely to find fault with the Boss over the invasion of Portland last month. He is the highest law enforcement actor and Commander of all the armed forces. He can just fire the ‘watchdogs’ like he did in the past. He has the money lined up to carry on a long court fight over the election results. He is invigorated by a fight. He has the Supremes primed to name him as President like Scalia did for Bush. Biden is wrong, there is no military other than Trump’s military since he is the supreme Commander. Look what happened in DC, Portland and next Chicago. He has the generals and Defense goose-stepping with him in the park after his troops cleared it. There is no one to stop him now and there won’t be on January 20. Only one brave public person has named this action: Philly DA: we have an “authoritarian dictator."

Wealthy are buying citizenships to avoid taxes and virus
Who do you think will be around to pay the new tax hikes required to pay for the huge federal and state budget gaps? Many wealthy folks are buying a way out of the current tax and disease environment. For as little as a $1.4 million you can isolate yourself and your family in a safe haven so you avoid taxes and yet can keep US military and health protection almost anywhere in the world. Like many corporate giants, you can claim your home somewhere else for certain benefits while living and earning in more pleasant surroundings. Specialty firms such as Henley & Partners, the world’s biggest citizenship and residency advisory firm, do most of the paperwork.


Trump’s watered-down fiduciary rules hurt our nest egg
Trump changed the Obama fiduciary rule to allow salespeople to take advantage of us when we move our retirement money from an employer. Critics claim this gives us less choice but the purpose of the Obama rule is to make sure we understand what happens to our money after the excessive fees, costs and possibility of loss with some products. Of greatest concern, said CFA director Roper, is that “many rollover recommendations won’t be held to a fiduciary standard, including the vast majority of recommendations to roll money out of a plan to purchase non-securities investments such as annuities, bitcoin, real estate, gold or other commodities. So precisely where the risks are greatest and the compensation related conflicts are greatest and the sales practice standards are weakest, the ERISA fiduciary standard will not apply." The Trump rule will allow financial advisors to receive many payments that would have been restricted or forbidden by the Obama rule, including commissions, 12b-1 fees, trailing commissions, sales loads, mark-ups and mark-downs, and revenue-sharing payments from investment providers or third parties, even within qualified plans and IRAs. High-cost products rob us of up to 63% total accumulation due to the compounding effect over time.

Is portfolio re-balancing right for you?
Has your advisor or TV guru mentioned selling some of your assets so you can buy other assets yet? This is the standard procedure for the financial sales industry. Selling and buying is how the industry creates revenue. But is this strategy good for your long-term accumulation. Many studies show that it can be good or bad depending on the performance, composition and relative size of your portfolio. Selling your winning stocks or mutual funds just because at the end of the quarter they exceeded your risk percentage only makes sense if your advisor knows they will keep growing. But advisors don’t know this. You may end up losing some valuable growth because you sold too soon. Because there is no consensus on when to sell/buy assets, most investors don’t bother. Many just use a fund that moves from stocks to bonds over a longer period. The popularity of the target-date funds show this is a practical strategy that ignores the issue. Other investors use a more intuitive strategy: designate contributions to the asset class less favored. Here you would not sell your winners; you just buy more of the losers. So when stocks soared in 2019, there has been no need to sell since stocks have returned to level ground in 2020. If you had traded stocks for bonds, you may have not been better off. For many long-term investors, stocks go up and then back down on their own. There is no need to sell to correct the balance. Stocks earn 11%; bonds earn 7% over time. Simply changing the destination of the next contribution cycle will do the job of maintaining your risk appetite. The outcome produces a delightful 8% with few bad years. The important decision is cost: Morningstar study: low-cost funds beat high-cost funds in every period.



**********ACCOUNTABILITY**************

Like 1776, this period is a test of democracy—do we really want ‘low-IQMobster?

Philly DA: we have an “authoritarian dictator."
Dictator: “nobody likes me
Dictator: “I will delay Nov election



How Govt wastes our money: Congress gives 3.7 Trillion to the wealthy! 
Cashing-in on suffering of others: Corporate Insiders Pocket $1 Billions: vaccine work?
Trump’s $1 million WALL fell as ‘the environment’ said “no walls here.”

Fed chair: Worst economic downturn ‘in our lifetime’ warrants more help from Congress

Trump to build FBI hq next to his hotel: $1.75 billion for donors from virus payments
GOP Virus bill: wealthy can make PPP loan into grant and also deduct payments as expense

Now that wealthy have virus loans/free money, GOP to shut down spending for rest of us

Wealthy take virus loan/subsidy to keep employees then lay them off: on unemployment
2nd virus check: if you don’t file taxes, https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
Fed subsidizes capital so people who make money from money: bankers, hedgers, gamblers are riding high.


SCAMS/SPINS:
Trump mob: “kids are stoppers of disease: they don’t get it and transmit it themselves.”

Trump supporter Herman Cain at Tulsa rally, no mask: virus in 9 days, death in 30.
Trump vote-from-fear plan works: voters buy more gunsnow, home tear gas launchers.

Reagan org asks Trump and GOP to stop using the 40th president’s name and image  
Intolerance or cancel culture: no one is listening discussing anymore; my way or highway

Some biz add "COVID surcharge" to their bill: sanitize should be biz expense not mine
Coin shortage? Really, my bank won’t take coins! Some banks charge coin deposit Dah

Recall: Boeing 737 may stall in flight corroded fuel check valves been parked too long

AIG Variable Annuity firm stole $40 million from FL teachers steered to high-cost stuff.

Trump’s new religion/doctor: no masks, hydrochlorine, “God’s battle axe”, voo-doo

Is it a scam?  Check AARP scamline 877.908.3360.

Jobs
Papa John’s to hire 10,000 more workers: Pizza is hot commodity

Who owns your account now?
Do other car owners hate their cars enough to change brands: Yes, Fiat Chrysler Dodge
Eight DNA Ancestry Services: The Good, Bad and Ugly

Low-cost generics from legit pharma: must pay a membership fee.


Miracle:
Vaccine candidates look promising but wont’ make reality go backward to 2019.
Mom shares her good fortune and community gives back: neighbor helping neighbor


Baghdad hit its highest temperature on record: 125.2 degrees: Arctic higher too

IAN
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