National sales tax

GOP new tax plan gives to rich; takes from poor—socialism for rich

Ryan’s stimulant plan wants to lower the top tax rate from 39% which no one pays to 33%, cut corp rate to 20% from 35%, cut capital rate to 12.5% from 15%. This “tax cut for growth” plan failed in KS but GOP ignores disaster. GOP pays for cuts by adding a “consumption” tax—a socialist-style sales tax. You and I will pay extra tax on purchases: EVERYTHING. Socialist countries call it VAT, ad valorem tax. Trump’s Mr Christie already started with gas tax in NJ. (Wealthy use jet fuel not regular.) Your federal income tax will be 12%, 25%, or 33% up from 10%. We lose deductions for state and local tax plus our mortgage interest. So Mr Buffett and Trump would pay less than 17% total tax now and we would pay more than the 32.9% total we pay now. This is the tax scheme that Greece has and everyone avoids paying tax by using the underground market or send their money outside the country. Many US corps and rich send their money overseas too.

Shield your future from taxation: https://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

Is your advisor taking too much of your earnings?

Your advisor’s 2% costs—fees, commission, trading taxes, poor timing—may be taking 63% of your potential nest egg over time. Do the math. If you earn 7% and they take 2% you may be giving away the best part of your retirement. There are non profit money managers that are better for you and your future. That is what the “fiduciary rule” is all about. Why would the industry be fighting the “best product for you” rule? Who do you think pays the $560 billions they take each year? You put up the money. You take the risk. You should pay them only if they can do better than average, right?

Pay less—earn more: https://www.amazon.com/Millionaire-Mutual-Funds-Save-Fees-taxes/dp/1534939490

Did your portfolio lose 4% last Friday?

World events cause people who are impulsive to lose money. If you sold, you just locked in a loss. Ask yourself, do the companies you own derive ALL their earnings from Briton or the EU? If you own a portfolio of stocks like most broad index funds or ETFs, isn’t this event exactly WHY you own a group of stocks? If you sold, how will you know when to buy back your shares? Will you be happy with 1% from cash equivalents for the whole year? What if stocks bounce back to earn 7% for the year? Will you be angry with yourself or advisor?  Is it likely that you will end the year with a loss from a well diversified stock fund? If you didn’t sell, is this a good time to buy more? If you sold, how do you plan to pay for all those taxes? Advisors don’t have to pay your taxes.

Buy when there’s a sale:  https://www.amazon.com/basic-facts-about-learned-before/dp/1534665544

HALF of us have less than 3 month’s security

30% of us have NOTHING in reserve. If we lose our job or car brakes, we must borrow or make a big change. Looking for another job or brake job without money is tough—even impossible. Make a start with loose change. Every day drop change into a jar and keep it safe. You may make saving automatic by depositing your tax refund (average $3,000) into your savings account. You can even buy a 5 year CD so you earn more and you are not tempted to cash it in. You won’t mind the penalty if it is for a real emergency. Some people even keep a credit card/home equity line in the freezer for tough times.

Keep it simple: https://www.amazon.com/Simple-Financial-Life-paycheck-paycheck/dp/1441499326

Video: How to reach any money goal—10 minutes can save your ‘life’: https://www.youtube.com/watch?v=pUtd3B4jFXY&feature=youtu.be

Millennials lost hope in Social Security—future security insecure

Most workers under 30 see Congress ending SS benefits as we know them. Bern’s promise to expand SS was heard but not believed. Like “free college,” we just don’t see the GOP letting it come to a reality. Lobbyist like Wall Street and NRA have captured the democracy’s process of creating a path to future. Don is looking backward. Review

Jack Kennedy’s challenge: So let us begin anew — remembering on both sides that civility is not a sign of weakness, and sincerity is always subject to proof. Let us never negotiate out of fear. But let us never fear to negotiate. Let both sides explore what problems unite us instead of belabouring those problems which divide us.

Hope for best; plan for worst: https://www.amazon.com/Are-you-ready-retirement-worst/dp/1491002662

What is your retirement income withdrawal strategy?

Annuity money is taxable as income not capital gains. You have to start liquidating your IRA and 401k by age 70.5 using the IRS-timetable not yours. Which account do you tap first? And last? Which assets to give to family now vs legacy at death? Will you owe estate tax and how can you avoid it? States have estate and inheritance tax starting as low as $25,000. Do you need a planner or lawyer? Who inherits your IRA set up 30 years ago? Does your ex’s family receive anything? Should you convert your IRA to Roth IRA? Make your plan or gov uses its plan: https://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

Taking free money at work?

Are you passing up FREE money at work? If you have a 401k or pension plan, does it offer to match your contribution? If there is no match at all, you should consider starting your own. Yes, you can obtain FREE money for your own pension account. For each $3,000 you contribute to this self-directed pension, you get $30,000 in gains FREE of income tax. You get 25-30% FREE money because fed and state taxes are NOT due. How? https://www.amazon.com/Millionaire-Mutual-Funds-Save-taxes/dp/1534939490

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

                        What does Trump’s National Socialism stand for?

Increase subsidies to oil gas, corp farmers, Boeing, big business tax cuts

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, sick, etc.

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, stores, marriage

Put secessionist’s flag back in public spaces - cemeteries, courts, state houses.

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Replace ObamaCare: no mandate (tax credit so you can try to find your own like before)

Cut federal spending on health especially when control women clinics, Zika

Cancel immigration for all from non-EU countries. Invest in security, guns, fear.

Voter suppression of DEMs (even in Brooklyn) Latins, blacks, poor, students.

GOP gerrymandering so they can’t lose some districts … ever.

Replace judges whose parents came from a non-EU country or any non-Christians.

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Increase debt and devalue debt. Let Mexico pay for the Wall by taxing imports we buy

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections, consumer protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal payments, infrastructure like KS.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

Don’s rallies begin with crazies denouncing supporters--thrown out as “protestors.” 

“It’s hard to reason with people who don’t care about good policy, logic or sound information.”

“The only thing necessary for the triumph of evil is for good men to do nothing.” E Burke

Don:    I will “overhaul America like I have overhauled” my Scotland golf course 

            (Scots were pushed from homes, offered fake jobs, sued, threatened over turbines)

            Waterboarding isn't "tough enough." CIA: it doesn’t work. It will when I do it!

            I asked foreign leaders for money even though it’s illegal. I am ‘The Donald.’

            “If I were pres, Supremes would NOT have reversed TX abortion ban.

            "That could be a Mexican plane up there (in NH) they're getting ready to attack."?

            Promises made on TV not kept off TV: McMahon, Vets, Others

            My real money went to anti-Indian casino marketing--that’s business, dude.

Hill:    My coworkers taking the 5^th on my emails? They don’t know what I did last summer.

             Looks like 1964 all over again. Goldwater had same message for racists and lost.

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.” But he’s it.

           

Bern:   I will work to keep Don locked in the Tower.

            Brits are trying to turn back time to old white male world like Don says he wants.

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

            “It is nearly impossible for one individual to take on a corporation with vast resources.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.VW offer for your fake clean diesel. Fixing 3L VW, Audi, Porsche diesel cars SUVs.

.Ikea takes back dressers that kill kids—only after 6 are dead, 36 hurt—mass killing?

.Now Ireland visit requires a passport again. Scotland next? Brits got more red tape.

.Prius and Lexus 2008 to 2012 recall 1.4 million bad non-Takata airbags

. BancorpSouth Bank fined for discriminatory mortgage lending practices on blacks.

.% of Americans who own guns has dropped to a new 40-year low but owners buy more

.1^st death by autopilot: car radar can become “confused” when passing large reflective truck

(“more deaths can be expected as the autonomous technology is refined.”

.judge blocked MS law that would've allowed businesses to discriminate gays because religion.

.Honda owners with 2001-3 Takata bags told to stop driving them till fixed

.PlannedP will fight for women’s choice in other states after Supremes reversed TX ban.

.Trump caught using others’ money to claim charity deduction himself: $10K not $8 mil

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

Best cars with fewest problems 2016 led by Kia

Surprise! Top quality car is Korean. Lexus and Lincoln tied at 8^th. Rover, Volvo, Fiat,             Smartcar hit bottom.

SCAMS

Tombstone had gun control for good reason—it reduced deaths.Congress helps terrorists! 

Gun-toting replaces having pride, good-paying job, community—my “chip” now.

               “Restrictions are seen as a personal affront to men who find in guns a sense of duty, relevance and even dignity. I’m "good guy with gun" protecting my own—don’t mess with me.”

$7 million and 2 years of hearings, lot of free press for GOP, but no indictment for Hill.

Playing games with our lives and unborn children—GOP: no Zika vaccine in 2016.

IRS warns of IRS “scams” https://www.youtube.com/watch?v=0y5z0kWgBcM

CO Aurora theater shooting victims must pay court costs of $700,000. Lost life and pay!

Ignoramus Award: Pope: the Catholic Church should apologize to gay people and others it has marginalized. What about the kids they raped!

How our government wastes our money

NSA can watch you on your laptop so Zuckerberg tapes his camera from NSA. Yours?

Congress gets paid whether they work or not—Highlight: naming post offices is ‘work’?

Goldman Sachs and Google pledged money to help the Obama resettle Syrian refugees

Despite global warming deal, US still subsidizes fossil fuel industries—socialism for rich

Who owns your account now?

Humana to Aetna

PrivateBancorp to Canadian Imperial Bank of Commerce

Obama forgives $171 million in student debt of defunct Corinthian Colleges 

Kellogg “cereal boutique” in Times Square will charge up to $9 a bowl.

Five Hong Kong booksellers who specialized in works critical of Chinese leaders have disappeared in 1year.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Don's business is taking other people's money

Don’s business acumen is his greatest claim to be president … but

“Atlantic City was a very good cash cow for me for a long time.” Trump’s experience in Atlantic City gives clues to running America as personal business. He put up little of his own money, shifted personal debts to the casinos and collected millions of dollars in salary, bonuses and other payments. The burden of his failures fell on investors and others who had bet on his business acumen according to R. Buettner and C V Bagli. “There’s something not right when every single one of your projects doesn’t work out.” “People underestimated Donald Trump’s ability to pillage the company,” said Sebastian Pignatello, a private investor who at one time held stock in the Trump casinos worth more than $500,000. “He drove these companies into bankruptcy by his mismanagement, the debt and his pillaging.” America cannot use Junk bonds to get out of debt. America is not a deal he can use.

Avoid Don’s tax increase: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

Use your own tax shelter—your broker/advisor is retiring with his/her

Working people have their own tax shelter—the Roth IRA. The IRS § 408A is available from any large financial institution. You can contribute $5,500 a year to buy stocks, bonds, ETFs etc and let the assets grow tax-FREE. You can take money out FREE (contributions are FREE before 59.5 years; earnings are FREE after 59.5 years). You pay a little tax now (15% on $3,000 deposit) but NO TAX later (0% on $1 million). You deposit $99,000 total over 30 years and spend ALL $1,000,000 later. Even when they cut pensions and Social Security, you will have your million FREE of fed and state tax.

http://www.amazon.com/Working-Millionaire-Tax-FREE-Self-insure-Self-fund/dp/1460945484

Fix Social Security by having everyone pay same 6.2%

New report says just have everyone pay the same percent of salary. But they limit it to $195,000 salary. Why the limit? Some wealthy Congressman set the limit in 1937. It is regressive and needs to be changed. Poor pay higher percent than the rich. Currently, they don’t pay anything on their salary over $118,500. Why should they get a break like this? They get so many others—deduct stock losses, 2^nd home mortgages, mortgage insurance, rental property depreciation, investment expenses, business losses, salary deferral, retirement gains, etc. Social Security is the only income that the poor have: $1341/mo.

Avoid fed & state income taxes with IRS § 408A trust: https://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466

Best investing strategy: Do Nothing—let compounding do the work

Fidelity study of which accounts did best: people who forgot their 401k and people who died. Best investment outcome for stocks long-term is to let the money work for you by compounding. Compound $9 a day to $900,000 in time. It can’t compound if you trade. Buffett: own the best businesses forever. It makes you wealthy. Traders only do well when they can move huge amounts of capital a short distance quickly. Most of us with brokers/advisors earn just 3.79% vs the market of 11% because we are afraid of loss or get greedy. Unless you know the next Amazon ($5,000 invested in Amazon ‘97 worth $1 million today), this is best deal. No timing, trading, charts, or broker/advisor.

Invest wisely: http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Millennials don’t understand diversification, risk, long-term

18-35 year olds are saving but don’t think about the “not all your eggs in one basket” problem. Survey says 49% reported having an “aggressive” risk tolerance and yet 65% said market swings make them uncomfortable. 72% said that a portfolio was adequately diversified as long as it includes a broad range of stocks. “These folks think a long-term holding is five years” according to Bill Finnegan, AMG Funds. Perhaps young people have not gone through the depressions and recessions to learn.

http://www.amazon.com/Millennials-Investment-Strategy-BEST-journey/dp/1533079242

What does the new fiduciary rule do for you?

Up till now, your broker/advisor/agent could make a lot of money from your retirement plans. https://www.youtube.com/watch?v=GB4LgkGXN8Y   They pushed variable annuities in particular because 6% of $250,000 makes their retirement sweet. Now they must “prove” that that rip is the ‘best’ for you. Most times they can’t because there are usually better outcomes for you (Not Them). However, it takes learning about your options and usually you don’t have a lot of time or knowledge. Low-cost always beats high-cost according to Morningstar so ask questions. Your advisor may not offer Vanguard or other low-cost options. They can still make big bucks from you by following an exemption (BICE) which requires them to claim they are acting in your best interests. So the new loophole is that if they don’t know any “low-cost is better than high-cost” products, they aren’t at risk. That’s like you telling the officer you didn’t know the limit was 25mph while you went 40. QED: Advisors are still salespeople.

Look before you leap: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275

Is home equity the way to finance retirement?

The fact that many homeowners have all their wealth tied up in their homes and the home has tripled in value over the last 30 years makes this strategy appealing. Consider the benefits and costs. Retirees are homeowners. Of those with more than $100,000 in savings, about 90% own a home, according to LIMRA. Among those with less savings, 70% are homeowners. The ability to access home equity can save you from being forced to sell other assets at the wrong time. "That is really going to improve a retiree's cash flow, especially for people relying on withdrawals from their savings because they don't have a pension," American College’s Hopkins says.

Make sure you have enough before you retire: https://www.amazon.com/Are-you-ready-retirement-worst/dp/149100266

Is an HSA right for you?
High-deductible health plans are becoming popular. Is investing in health savings account right for you? Contributions are tax deductible when used for medical expenses (you don’t need to itemize your taxes). Some employers match contributions. Unlike with flexible spending accounts, however, your HSA administrator isn’t obligated to verify whether withdrawals are for eligible expenses. HSA money withdrawn for nonmedical purposes is also subject to a 20% penalty if you’re younger than age 65. Unlike the Flex Spending Account, you do NOT need to spend the account by year’s end. Some states tax the interest earned in the account. After age 65, funds can be withdrawn for any purpose without penalty. However, income tax is due like IRA and 401k accounts. You must choose the HSA. Not all employers offer it. There is no medical threshold for tax deductions so every dollar spent is deductible.

https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Retirees and Self-employed pay their estimated tax electronically

You can use https://www.eftps.gov/eftps/ to pay your quarterly taxes for FREE. This system can be used to automate payments from your accounts. It can used to pay any IRS tax. There is no need to send paper by registered mail and hope it gets there in time. Your confirm is electronic by setting up a payment due date at least the night before payment is transferred directly to the Treasury. It is secure. It has a voice response system (1.800.555.3453) to make payments too.

Control your taxable income and tax payments: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

            What does Trump’s National Socialism stand for?

Reinstate older white male value system: Make ‘WASP” America Great Again

Reinstate Christianity as the state religion—bar all others from public office

Reinstate Christmas and Christian observance in schools, home, court, etc

Put up a wall, end trade, bring back repetitive “robotic” jobs back from low wage areas.

Cut regulation of all business activity, lower wages for women, pregnancy

Increase subsidies to oil gas, corp farmers, Boeing, big business

Climate change is a hoax. Let oil companies drill anywhere. XL pipeline approved

Cut federal spending on health especially when control women clinics

Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

Cancel immigration for all from non-EU countries. Deport them

Replace judges whose parents came from a non-EU country or any non-Christians.

Limit rights of non-Christians, Muslims, gays, Indians, Asians, protesters, press

Cut funding for un-wealthy, poor, schools. seniors, underemployed, kids, etc.

Increase debt and devalue debt. Let Mexico pay for the Wall by taxing imports

Create tariffs on imports so we pay $6,000 more for stuff we buy. Middle class tax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections, consumer protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Install state gov that cuts Medicaid, education, federal support payments, infrastructure.

“Lust for executive power”—GOP House leader thinks Don wants to just snap fingers.

“I could stand in Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” 

Don’s rallies begin with crazies denouncing supporters--thrown out as “protestors.” 

“The only thing necessary for the triumph of evil is for good men to do nothing.” E Burke

Don: Voters don’t need policy position papers. “It’s just a waste of paper.”

            “They know you’re going to do a good job once you’re there.” Logic fails!

            I was right “I am trying to save lives and prevent the next terrorist attack.”

            I ban Wash Post and any media who aren’t “fair” in spreading my message.

            I have secret memo that our President of the US is really a traitor: a shill for ISIS.

            I accuse US soldiers of stealing money in Iraq—one answers--thieves were jailed.

           

Hill:  Hackers got my files on Don and my real constituency. Oh my words!

            Looks like 1964 all over again. Goldwater had similar message for racists.

Paul: ‘This is one of my big concerns:’ Don’s “lust for executive power.” He’s OK now?

            Don’s statement “is definition of a racist” but GOP has to go to dark side now.

            He said he could kill people on 5^th Ave and not lose support—He’s right! Scary

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

            “It is nearly impossible for one individual to take on a corporation with vast resources.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.Is it time for the big one in CA?

. Robert Olins CT caught selling stock illegally—fraud to avoid paying fine.

. Owen Li caught lying and cheating $57 million, confesses, and gets out of 5 yr jail.

.TN lawmaker giving assault rifle AR-15 as door prizes for fund event: after Orlando 2.

.Orlando gun store warned FBI: killer wanted body armor and more bullets.

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

SCAMS

Fake IRS caller ask students to pay a bogus student tax or face arrest or other penalties

Ignoramus Award: GOP McCain said Obama was "directly responsible" for the Orlando attack because Obama executed Bush’s 2008 agreement to leave Iraq.

Don and GOP deny warming. Greenland recorded its warmest temperature EVER: 75. Ice melt season began a month prematurely.

How our government wastes our money

US spent $10 million to learn kindness interrogation techniques wins, as per old Nazi

CIA torture in our name explains why we are hated by so many

Taliban now holds more ground in Afghanistan than at any point since 2001.

Who owns your account now?

LinkedIn to MS. Is it worth $26 Billion? A website equal to HP or Marathon Oil in market value?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Don's new tariffs cost us $6,000

Don’s new tariffs could cost each of us $6,000 a year

An independent analysis of Trump’s tariff proposal finds that it could cost the average U.S. household more than $6,000 per year, with much of the burden falling on households with the lowest incomes. “We find that a Trump tariff proposal against all countries would cost U.S. consumers $459 billion annually and $2.29 trillion over five years,” David Tuerck and Paul Bachman, a pair of economists at Suffolk University in Boston, write for the nonpartisan National Foundation for American Policy.

There are many ways for Trump to ‘tax’ the middle class. Tariff’s increase the price of everything working people (not wealthy) buy.

Offset these tariffs with tax-FREE income: http://www.amazon.com/Tax-Free-Living-2012-strategies-build/dp/1477452702

Which investment strategy provides the best retirement outcome?

“The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett Mr Buffett's strategy of patience has proven to be the most astounding in history. He has earned 20.8% a year compounded over 50 years including recessions and wars. He does NOT trade or speculate. He holds companies for a long time. Buffett has proved the market is NOT efficient and stock-picking can work for a few.

Buffett is the genius who found a way to beat the market. The average investor earned just 3.79% while the stock market earned 11.06% over the last 30 years. DALBAR QAIB. You can become wealthy by choosing the best investment strategy in the 21st century: The Hub and Spoke Strategy. Use the best of both worlds: market index and Buffett's stock. There are almost as many “investing” strategies as people who work on Wall Street. There are institutional and retail investors who put up the money and take all the risks. And there are salespeople who take profits unfairly from the investors.

You have your choice but there are three considerations first: trust yourself or others, your futures will change, wealth-building takes time.

http://www.amazon.com/Best-Both-Worlds-Hub-Spoke-Investments/dp/1533307326

No retirement fund? $9 is all it takes
Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the most older people with a job since the early 1960s, before the U.S. enacted Medicare. This may explain why younger people have trouble finding work and why wages remain flat despite productivity increases. More employers are offering tax-FREE Roth 401ks yet only 10% participate in these retirement funds. As the overall economy improves, the growth of productivity is going to existing asset holders, not to those producing it. Since 1995, the average year-over-year inflation rate for energy has been 3.9%, for food, 2.6%; for shelter, 2.7%; and for medical care, 3.6%. Middle class expense increases leave no room for building assets.

Build your own tax-FREE pension fund of $250,000: http://www.amazon.com/$9-Day-Millionaire-Turn-day-into/dp/1484890310

GOP budget-cutters go after the poor again—GOP ‘heroes’ target defenseless

It is an easy group to target with no lobby and no defenders. GOP will cut food stamps again instead of supporting a wage hike that might reduce the need for this subsidy. GOP did not go after oil and gas socialists on subsidies, not the socialist supports that guarantee income to corporate farmers, not the socialist price guarantees to sugar and cotton and peanuts and soy and corn and etc. They did not cut the defense programs the pentagon says they don’t want or need. No, they cut food stamps. No wage offset, no retraining. Former manufacturing workers now on food stamps. Part time hiring up.

Ryan and Price: Such HEROES of the political right!

Always hit the people who don’t have lobbyists or big election gifts.

Making the world safe from BANKING

Congress and Obama have stopped fighting Wall Street during this contribution period called the 2016 elections. However, the problem of leveraged gambling without consequences still hangs over this planet. Closer than global warming as a threat, leaders of the world’s financial system have not taken the necessary steps to keep the world safe from BANKING, according to Mervyn King, former head of the Bank of England. “The financial system, King reveals, is still wired so that a handful of well-connected people capture the benefits from risk-taking while the entire society bears the cost.” Bankers and regulators use ‘complexity’ to defeat serious change. King’s solution: let investors who give the banks money to gamble take the hit when they lose. Keep deposits separate!

The gamblers can go broke; not the homeowners. http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137

What does the NEW Republican Party stand for as of May 2016?

Limit rights of immigrants, non-Christians, Muslims, gays, Asians, protesters, press

House GOP votes to let contractors discriminate against certain people GOP dislikes

Tax breaks for wealthy; cut funding for un-wealthy, poor, seniors, underemployed, etc.

One-time 14% tax on wealthy to pay down national debt.

“I would build consensus, not use Executive Orders.”

“I'm not accepting any money from anybody, not beholden.” until now--Trump Fund

Increase debt and devalue debt and limit defense spending.

Bring back waterboarding and “a hell of a lot worse.”

Cut regulation of all business activity except when GOP controls women clinics

Regulate all District Columbia activity/spending—end local control of DC budget

AL GOP reversed local control of Birmingham city paychecks

MI GOP reversed local control of Flint water against local experts

LA GOP reversed local control: wants strippers to be over 21 but under 28 and 160 lb.

Climate change is a hoax.

Trade pacts are no good for us and no good for our workers.

Abolish IRS, EPA, Education, Dodd-Frank financial protections

National right to buy and carry any firearms anywhere anytime by anyone age 2 and up.

Reinstate Christmas and Christian observance in schools, home, court, etc

Reinstate Christianity as the state religion—bar all others from public office

Reinstate abortion exceptions except in OK—Doctors go to jail for any procedure!

Replace Obamacare with Health Savings Accounts (tax deduction not coverage).

Resist approving judges for courts (fewest in 50 years) so Dems not make policy

Install voter ID restrictions designed to lower Dem voter participation – proved in court

Use dead people signature fakes to get on ballot in some GOP races.

Install state Gov that cuts Medicaid, education, federal support payments, infrastructure.

Trump policy now and then: Unintended consequences is real threat!

Is an immediate annuity right for you?
When your advisor proposes buying an annuity to guarantee income for you in retirement, they may not mention certain facts that you should know. First, an annuity purchase is final – few can be reversed. Second, you will be receiving regular income from your IRA, pension, etc at age 70.5 due to the IRS mandate. Third, many annuities have higher fees and charges than similar income producing alternatives. Fourth, an immediate annuity starts paying you monthly income in return for your cash but is based on current low interest rates. When they go up, you are stuck with lower income.

Compare alternatives first: http://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019

Do you need a will like Prince forgot?

He did not leave one in plain sight so his “relatives” will spend $ millions for lawyers and courts to get some cash or what they “deserve.” Well if you have that problem, get thee to a lawyery. Or make your own for $55 at Nolo or as little as $35. If you only have a house, car, bank accounts etc in joint name you may not need one. Your IRAs and pensions have bene clauses so they don’t go to probate. Simple asset estates don’t need lawyers—you may pay your state tax yourself. Fed death tax begins at $5.45 million. I read library books to do mine. Avoiding probate doesn’t help with some states: everything is taxed—even retirement funds—unless it all goes to spouse.

Use the best estate planning tool: http://www.amazon.com/Build-Your-Tax-FREE-Wealth-Reserve/dp/1456505041

Does our President need to be smart and truthful? Do they even care about truth?

            (a summary of the GOP Presidential debates) (history: GOP has the final candidate by Feb 17)

Don:    “In Trump We Trust: The New American Revolution,” due Aug 23. ‘God’ is gone!

            There will be another 9/11 if we don’t stop Syrians with ISIS phones now!

            Don will cut Medicare and SS benefits “if tax cuts don’t make big surpluses”

            I can pretend to be head of GOP and let Ryan’s group run Congress

            Carson says Christie, Cruz, Kasich, Rubio and Palin for VP. Newt?

            “I will never hire a pollster” pollster hired this week but not admitted

            Talking to Kissinger, 92, 30-year-old-China-policy expert?

            In order to get donor money, I will not take $36 mil to pay myself back.

            I would like to see a White-versus-Black season of “The Apprentice." 

AKA John Miller: It wasn’t me who faked me--Only a narcissist would do that!       Anyway, I am only doing what the Founding Fathers did! Really?

Paul Ryan: “I’ll have my people call your people,” Don can pretend to change Congress.

            My cuts in food stamps make me a hero since poor have no lobbyist to offend

            Paying workers for overtime is “absolute disaster:” we pay too much already!

Hill: We all would like to pay 10% taxes like Don: show us how you do it!

            His Ossining golf course pays tax on $1.4 mil but he claims worth $50 mil.

            His yacht had no NJ sales tax and his Grand Central Hyatt had no profits?

Bern: Why do you pay 33% in taxes and Donny pays HALF or less.

            Here we go again—invading Lybia in name of ‘training’

50 people pay for HALF the election money—we don’t even know if Americans

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

            “It is nearly impossible for one individual to take on a corporation with vast resources.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

.Raymond James caught not watching for money laundering by clients

. Louis Martin Blazer III, Blazer Capital, used $2.35 mil from athletes by misleading

.MO lets anyone pack w/o permit/training and kill by claiming “threatened.”

. Gregg D. Caplitz, MA caught stealing $2 mil promising retirement income.

. Phil Mickelson golfer caught for insider trading—Congress does it all the time.

. Francis J. Bass, Phila, caught tax fraud on medical settlements fraud

.Guns kill people: 18-year old kills 3-year old for jumping on bed

.Guns kill people: 13-year old kills 12-year olds’ parents for sex

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

New rule lets business expense any item up to $2,500 – cuts taxes

Effective for 2016 and later, IRS upped the $500 de minimus threshold to $2,500. For small business, writing everything off which costs less than $2,500 is now great way to reduce profits. That’s right, $2,500 a pop. For example, for a food vendor, almost everything they buy, except the truck they use, will cost less than $2,500 so they write them off and pay less tax.

Trump avoids taxes by using many business tricks and entities.

How our government wastes our money

.We pay extra $85 to avoid 3 hour lines at airport. Isn’t that what terrorist would do?

.We pay NFL teams when they honor servicepeople—and you thought they cared!

SCAMS

.MD church blocks legal means of obtaining justice for sex abuse by employees

.MS schools ordered to desegregate after 62 years – unequal education benefits

Who owns your account now?

Time Warner Cable to Charter Communications

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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Wealthy make us pay their taxes thanks to Congress

Wealthy use these loopholes and tax havens to make us pay their taxes

Economists are now focusing on how and where the rich hide from taxation. We pay either now or later when deficits are higher. Can you use these tricks or havens: Sports ticket charity, art ‘museum,’ GRAT, truck/hybrid, 529, hire tax lawyer in Caymans, Lux, Swiss, or make your official “address” in Ireland, Bermuda, Virgin Is, Netherlands, Singapore, etc? Rich pay our elected officials to maintain the current tax evasion system. Eventually, top 1% will have us pay all of their taxes. Already they say: “We don’t pay taxes. Only the little people pay taxes.” 

Avoid their taxes—Pay your fair share: http://www.amazon.com/The-Tax-Shelter-Young-Americans/dp/1500426520

Warren Buffett as your investment advisor!

You are better off managing your own accounts free with his 5 lessons to live by:

My wealth has come from a combination of living in America, some lucky genes, and compound interest.

We continue to make more money when snoring than when active.

I pay at a lower overall tax rate than all of my office employees.

...our favorite holding period is forever.

A low-cost index fund is the most sensible equity investment for the great majority of investors.

Let Warren be your advisor: http://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

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Did your broker rob you of your discounts?

12 broker-dealers were fined for failing to give discounts on sales when you buy in quantity. They call them ‘breakpoints’ and you may have paid the full load without the discounts up front in addition to the expenses each year and the back-end load. You may get some money back but you will have to wait. Why give up 63% of your returns?

You don’t need the pimps: http://www.amazon.com/The-Pimps-Wall-Street-middlemen/dp/151525254X

Principal Financial shuts hedge fund Liongate—fees too high

Fee-conscious investors withdrew too much money from its funds. Investors dislike extra fees for poor performance. You should only pay when performance is outstanding.

http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137

GOP Freedom Caucus wants freedom from government not really to govern

Anarchists in GOP don’t want Ryan, Boehner or any ‘Leader’ so they can keep obstructing government. They keep getting paid for no work and love it. Freedom means party every night in Washington without the hard compromise work. Freedom Caucus has said “he [Ryan] is too willing to compromise.” They will stop SS, Medicare, Vets, all but guns! As Reagan said Government is NOT the solution, it’s the problem.

But Reagan raised taxes 11 times, tripled the deficit, gave amnesty to 3 million undocumented, sold weapons to Iran and created 300,000 fed Vet Adm.  

Is a FREE smart phone plan right for you?
If you need a phone only when you travel because you have a landline for regular calls, try https://ringplus.net/. I have been using for 3 mo with ZERO monthly charge. I bought smart phone from Sprint and moved my cell number from Tracfon but the FREE monthly minutes and data are enough for me to make the travel calls I need. It is my car phone. It costs me NOTHING now. http://frugalcaller.com/ringplus-review/

  

Does our President need to be honest?

Hillary: Called GOP bluff! Why FBI now? Trust her? It’s always the lies after.

Carson: Voter suppression laws not racist—just so happens they exclude DEMs?

            Replace Medicare/Medicaid with savings account? Honestly, what BS?

Trump: Can an entertainer/real estate salesman be honest?

Cruz: Shutting down gov. qualifies you to be Pres.?

Jeb: Using W’s advisors to justify W’s failures works?

Ryan: I want to be THE leader. Not the F___ing ‘Führer’ of GOP Anarchists!

Sanders rejects Shkreli’s donations—Shkreli raised price of AIDS drug $14 to $750.

Biden: I was against killing B Laden before, then for it AFTER? Wobble?

Webb quits—not enough questions in debate—really a republican?

Lincoln will NOT be Pres. Chafee quits after being Blitzed by Blitz.

GOP torture instigated by Cheney did NOT keep us safe!

Cheney’s methods were not effective for useful info. Police/Gov now use Cognitive Interview since new study finds better results. Cheney tactics are not as effective as just asking a few open ended questions with promise of better tomorrow. Confession/truth does not come from Cheney’s “enhanced interrogation techniques” – only more lies because prisoner sees no better tomorrow. Brutality instead of results only makes sense to sadists. Get more flies with honey!

We need regulation because…

Drones for fun can kill people and airplanes, says Feds.

Brokers rob investors all the time—no discounts, misprice bonds, etc etc.

Wall Street covers up customer reviews of poor broker service after agreeing to show.

GOP wants to end regulation of Wall Street and leave us to bail them again.

Fox News Wayne Simmons arrested for fraud, wire fraud, and making false statements.

OR college mass murderer acted like “playing a video game”

"He was so nonchalant through it all, like he was playing a video game and showed no emotion. The shots knocked me to the ground and felt like a truck hit me," Mintz said.  Is that what goes through the mind of mass attackers?

6 year-old kills 3 year-old playing with gun

Dad ‘hides’ loaded gun and then shows kid where he puts it. What kind of parent does this?

Angry driver kills 4 year-old because Dad in wrong lane. It is just like a video game!

New transmissions for some cars are problem—CR

Consumer Reports cites some tranny problems with long list of new cars. Maybe wait for fix or buy 3 year old to save 50%. I just got a Camry ’12 for about $13K w/o trade. New ’16 stocks will fill used lots by Dec according to some trenders. I looked at JD Power 3 year old car problem study to make sure. Could not afford Lexus and Buick so Toyota:  http://www.jdpower.com/press-releases/2015-vehicle-dependability-study

Why is the economy not as strong as it used to be?

One reason is clear. 70% of our economy is the result of us spending – buying everyday things. If we don’t spend; business don’t sell and we don’t get paid. Wages are NOT increasing yet almost all our expenses are. Wages are the same as in the ‘70s if you include inflation (6 cent stamp is now $0.49). The best paying factory jobs like making cars pay $28/hr tops. Now after Detroit bankruptcies and NAFTA, few cars are made here. New workers at Fiat’s Chrysler earn only $15.78 ($32,822 a year), and can hardly afford a Fiat. Worse, if we adjust for inflation, Fiat pays less than Henry Ford in 1914. Have you driven a FiatChrysler lately? Who can eat/sleep and save for college, retirement and health on $32,822? America is returning to the ‘good old’ Robber Baron days!

In case you are thinking of sending your car to FL by ITSELF

Tesla cars on autopilot in run from NY to LA encounter problems when lane lines disappear or you set car to go 90 mph on open road.

HOW CONGRESS WASTES OUR TAX DOLLARS

“We must guard against the militaryindustrial complex.” 1960, Pres Dwight Eisenhower.

Defense spending has DOUBLED in 14 years.

Since 2001, the base defense budget has soared from $287 billion to $530 billion — and             that's NOT counting the Iraq and Afghanistan wars, ISIL, Ukraine, Cameroon. 

US knew US would fail in Vietnam in 1965 but still 1.3 million dead, Kissinger diary.

America needs to take care of American’s needs FIRST!

Rebuild America Act: a five-year plan would invest $1 trillion and create or maintain at least 13 million decent-paying jobs—Senate Budget Committee but GOP says no.

Will GOP use taxes to move Alaska town due to global warming they don’t accept?

We are still wasting $8 million per HOUR we don’t have in Syria/Iraq/Afgan/            Ukraine/Cameroon. Obama keeps 9,800 in Afghanistan        

            Taliban captures Kunduz, Afghans run. We bomb hospital instead.

We bombed and killed our own Doctors without Borders hospital staff 10/2/15

            US kept bombing ½ hour AFTER told Americans hit!  War crimes?

            We pay bonus for kills – no wonder the world hates us!

We trained and equipped ISIS leadership—US sells arms to all sides for profit

We are supporting child abuse by Afghan leaders by giving them arms/money.

100,000 our military in Germany and Japan….still. Why? Costs us $200 billion.

Residents of Okinawa object to tens of thousands of U.S. troops and another base there.

Who owns your account now?
Principal shut hedge fund Liongate after fee-conscious investors withdrew too much money from its funds. Investors dislike extra fees for poor performance.

SCAMS

Consumer Reports dropped its recommendation of the $127K Model S after owners of the electric luxury sedan complained of a series of problems including squeaking noises, motors that needed to be changed and issues with the car’s automatic door handles.

Wall Street self-regulator covers up bad broker activity still

FINRA has failed to live up to its promise that the settlements would not be removed from BrokerCheck unless they have little investor protection value.

IRS says scammers now use official address and letterhead via mail

Some schemes provide an actual IRS address where they tell the victim to mail a receipt for the payment they make. Others use emails that contain a fake IRS document with a phone number or an email address for a reply. These scams often use official IRS letterhead in emails or regular mail that they send to their victims. They try these ploys to make the ruse look official. Confirm legit by sending copy to: Internal Revenue Service Lead Development Center Stop MS5040 24000 Avila Road Laguna Niguel, California 92677-3405 or Fax: (877) 477-9135           

Paul Lee Moore, Coast Capital Markets, San Diego, guilty of fraud. Stole $2.6 Mil. In Ponzi. Any jail time?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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