New taxes: Lobbyists are already designing new taxes for us
to pay
Koch Industries, after pouring $1 billion into elections for
GOP, has put their former employee, Eli
Miller into the Treasury Dept to formulate tax policy for Koch and us. The
Koch front group AFP will begin Aug 2 event with extremist Rep Mark Meadows to
push reducing corporate taxes and regs. Tax
reform for the extremists means cutting spending for our needs since most (70%)
of the budget goes for interest
on the debt and military. Medicaid and Food Stamps and even SS and Medicare
are in Ryan’s
plan to be cut to offset wealthy tax cuts. Some consider using a national
sales tax (VAT)
or tariff but the lobbyists are against it of course. Koch’s AFP has threatened
our ‘reps’ with election defeat if they don’t vote their way. (Putin’s hackers
may help out.) American corporations want lower taxes even though the amount
they actually pay is 12.6% not 34%. Using tax loopholes, many
don’t pay. Corporations’ portion of tax revenue has fallen from 32%
in 1952 to 10%. The Koch campaign will include advertising,
canvassing and rallies in states. The Koch network has said it plans to spend
$300-$400 million total during the 2018 election cycle, and AFP has 36 state chapters
and close to 500 paid staff who knock
on doors to persuade voters. It’s a 3rd
US party. Corporations have more money to spend lobbying
for more profit less tax. Does your ‘rep’ lobby for less tax for you? Can
you give them $100,000 for an audience?
Get your tax credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
ETFs are all the rage with brokers but are they for you?
Index funds packaged to be sold by brokers/advisors for
commission and fees are hot. The
marketing and sales hype are amazing and millennials are biting. So between
2004 and 2014, index funds outperformed actively managed funds across almost
all asset classes. “If you go the passive route, you might not only save money
on investment fees, but snag a greater return to boot.” But why pay a broker
advisor to buy an index that was created to be traded. AH. The catch is sales
people make money when you trade but trading defeats all the benefit of
“passive” investing. Plain
old index funds are winning: you earn more by NOT trading. What does Warren
Buffett recommend we do? He even tells us where to invest to earn more and pay
less!
Skip the middleman hype and markup: https://www.amazon.com/Sales-hype-advisor-favorite-marketing/dp/1548534382
Trump on the path to dictatorship seizing our assets
Yes, Justice Dept has issued new rules to take our stuff,
even if we did nothing and have NOT even been charged with a crime. Trump’s
procedure allows police to seize someone’s money, car, or even their home on
mere suspicion — in many cases, the person hasn’t even been charged with a
crime, let alone prosecuted or convicted. And even if the person isn’t
charged with a crime at all, the government keeps those assets.
Just like taking our property to build something like The
Wall (‘imminent domain’) except we don’t get paid for the stuff they take. It
is called civil
forfeiture. The rule was intended for drug dealers. From 2007 to 2016, the
Drug Enforcement Administration obtained $3.2 billion in cash seizures without
filing any charges against the people from whom they took the money. There have
been reports of police departments using their “wish lists” on crime
sweeps. Ferguson
police used to do this with traffic stops. If you are wealthy, you can hide
assets using another name or corp or oversees or you can file suit.
Use your
tax-FREE trust: https://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466
Trump on the path to dictatorship seizing our information
Dictator talk time:
“When the president does it, that means it is not
illegal,” Richard Nixon
Consultant Caputo warns
campaign officials don’t talk to the Intel Comm House.
House to cut OMB so we
don’t know what a law will cost in future: NO INFO.
Trump
attacks individual reps for not voting his way—3rd world
countries do this.
The Don threatens
Attorney Gen and Prosecutor Mueller. Wants FBI
his personal police.
The Don has been attacking the Attorney General of the US
and Senators who don’t do what he says or vote his way. His lawyer says
The Don controls the FBI via Wray. Dictators have their
own police force usually.
Will GOP go down with the Trumps? Some know The
Don is crazy.
‘In his mind, he is
his own best advocate, his
own best lawyer,’ one adviser said.”
And “best” president except Lincoln .
Is a top 10 RIA advisor right for you?
Are you one of the 10,000 clients of the largest
registered investment advisors? Since you are 1 in 10,000, I assume you
are giving them your money because they are doing fantastic things for you.
Some RIA are “finding efficiencies and using technology to scale down and serve
massive numbers of end clients.” I hope you are not paying for ‘canned’ advice
from their technology script. Certainly, when you have $ millions you deserve
personal attention from somebody beside the receptionist. Some of these firms
are adding thousands of clients a year. That means hundreds of new sales staff.
Many firms
are reluctant to publish their results so it is hard to evaluate them. Making
you feel good is important but bottom line—they should be doing what is in
YOUR best interest not worried about ratings or profits. If you don’t feel they
are doing what is best for you, and you hate brokerage firms, consider the RIAs
at the low-cost fund families like Vanguard, Schwab or TIAA. If you need a real
planner, pay the hourly rate like your estate lawyer.
Trump on the path to dictatorship seizing our information
Trump
is using fear of “carnage” in the streets to keep his voters in line. Now
the WH
to set up Govt-run news directly from WH like “Fox and Friends.” The Don consults
with Fox Hannity about state propaganda machine. But we have pro-government
TV press office already on Fox!
The Don threatens
Attorney Gen and Prosecutor Mueller. Wants FBI
his personal police.
The Don has been attacking the Attorney General of the US
and Senators
who don’t do what he says or vote his way. His lawyer says he thinks he is
the best Commander.
Generals
ignore The Don’s tweet to discriminate against one group serving our
country!
He thinks
he is BEST president except for Lincoln—Washington, FDR, Kennedy?
Spies do the same thing around the world—Jr and Jared taken
in
Business people are easy targets because they never suspect
they are being manipulated. In South America , our CIA
used business as cover to overthrow governments and kill people. Trump is
right—we
are not without our black oops. Many experts including the current TV
expert Malcolm
Nance have shown that spy masters use money and blackmail to move business
people around the world. Since they
are everywhere CIA & Putin need to be and have backgrounds that can be
checked, businessmen are perfect pawns—some are even happy to be used. Most
oil companies have a foreign black oops history. Trump’s ‘family’ and
businesses were compromised by Russian mobsters. They needed money since 4
bankruptcies. Why else would Jared
ask for a secret telephone line to Putin? Mueller and the Senate and House intelligence
will require years to unravel all the connections and links. Trump must
hide his past collusion with money launderers.
TrumpCare 3.0 has $13,000 deductible – senators
not seen bill yet – vote anyway
TrumpCare 3rd edition is out to reduce premiums
but the deductible
is $13,000, which happens to violate US
law. It would still increase the number of uninsured Americans by 22 million.
Despite Trump promises for universal coverage, there is no way to “cover more people and cost less money.” UNLESS, Trump makes the
deal he
promised to reduce medical costs. Trump gave
up that effort after just 1 meeting with industry lobbyists in 2016.
Instead he promised them more profit by dropping regs and taxes. So even though
he beat up Hillary over taking their money, he gave them what they wanted for
nothing! Health care spending takes 18% of the economic activity vs 12% in the
equivalent countries. Many studies say we pay up to 60%
more than everyone else. Why? Lobbyists claim they spend the extra on
research but most of the new drugs are minor cosmetic versions of the old. We
know the money goes for endless TV commercials about drugs. Most
of our new cures are from the US govt research program we already pay for.
Cures for the big killers (heart and cancer) are funded at less than $5
billion—the drug companies spend under $1 billion. Their TV
promos cost $6.4 Billion. Liar
Pense decries Ohio Medicaid but he brought it to Indiana. ObamaCare has saved
communities.
ObamaCare
is working according to Trump’s own agency. Medicare could provide care to
those that need care now for less. Our current ‘for-profit’ system costs $49
T but a single pay system costs $32 T. and don’t we have single pay
NOW—there is only one insurer with most doctors in NJ so Horizon’s clerk
decides what care I can have. Sure, if I want to spend $10,000 on my own I can
have another insurer but no one does that. Congress gets a great plan and we
let them pick their coverage but most working people don’t have that choice.
Congress likes the sound of ‘choice’ but it means ZERO to 60%. Americans want the
plan their ‘reps’ get—McCain
got cancer surgery thanks to ObamaCare—equality. It’s basic for life, liberty and pursuit of
happiness.
DEMS: Now is the time to lead – Medicare
for all – Americans
want care!
MONEY BALL for Investing: Winning in an unfair market
Your family can beat Wall Street in the series because you
use Billy Beane’s lessons.
In 2002, Billy Beane did the impossible. He knew he could
not afford to buy replacements for Damon, Giambi and Isringhousen, so he hired
an unknown economist wonk who had a system. Brad Pitt (Moneyball)
explains his take on the system to his scouts. To win we need runs, so on-base
percentage is critical. Does not matter how they get there—walks are good. He
hires cheap players who have high on-base ratios. Scouts complain the new are
not “baseball material” or too old or can't play positions or girl friend is
ugly.
The
“professionals” think he is nuts. One is fired. Since the manager, Art Howe,
doesn't buy it, he does not use the new players. Billy trades Art's players
away so the manager is forced to use Billy's. Billy actually explains to the
team how they can win by using their strengths—just get on base. Belichick's
“Do your job.” In his book,
Michael Lewis tells us how the economics of baseball work and how Billy Beane,
as a failed player, made history by NOT following the professionals' 'expert'
knowledge.
How can your family beat Wall
Street 'professionals' over time? We take the Billy Beane approach.
First, we
acknowledge that we have a small budget for investing. We can't afford the
hedge funds, offshore tax shelters, and expensive Wall Street money managers
taking 2-3% a year. We use our economic ‘wonk,’ Warren Buffett.
Five steps to win in an unfair market: https://www.amazon.com/Money-Ball-Investing-Winning-unfair/dp/1548831409
Did you overpay for your truck?
$80,000
for a vehicle, even a tough one, seems, well, “tough.” If you can write it
off your business, that is one thing. But if this is your glam ride, you need
to shop for the used version. After doing research, you will find one that has
the look you want but doesn’t put you in the $500 a month for 8 year crowd.
Some of these are the most profitable item the car guys are selling.
Guess which vehicles are the least reliable?
Luxury
cars are the most UNreliable according to the most recent study. Is it
because they have too many gizmos or they only make 10000 of them? Who knows?
This UK study
says the Jag hits the bottom. Small little cheap cars have fewer problems. JD
Power says the lowest
rated is Fiat Jeep with Jag in the middle ahead of Audi, Volvo, and Rover.
No need to pay for junk—Lexus is still top and a used one may be your best
bargain.
Now that you have a big insurance bill, get all the
discounts: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634
Did you leave any money when you moved?
Recently, I got mail addressed to my Dad from an insurer
because his nursing home forwards mail of deceased residents. I followed up on
a balance left behind with the insurer years ago. Eventually after 2 subsequent
letters and emails, I got a check made to the Estate of … My bank refused to
cash this check. Apparently, this is a money laundering technique and they
can’t cash it even for the executor and heir. Since I would have to set up an
account with a new $250 tax ID just for the check, I told them I was giving up.
They offered a new form I could notarize and claim the money. After another few
emails, I finally got the money and was able to cash the check. I thanked the non-profit
nursing home with a donation.
You can do a search of each state by yourself: https://www.usa.gov/unclaimed-money.
My father’s name was not in his state’s registry because the
money was still at the insurer so you must check past
insurers/utilities/companies. Don’t pay for someone to search for you. They may
sell your ID and hurt you. A name only free site is Credit Karma: https://www.creditkarma.com/unclaimed-money/search.
Hey, you never know. In New York
state one
person has $1.7 million waiting.
*****************
TrumpWorld
Goal: Everyone knows the Trump brand around
the world
‘Trump’
brand is all he cares about—it is all he knows. Trump
vs America brand
Putin
has captured Trump’s patriotism—Collusion with enemy?
Trump
gives in to Putin: removes CIA from Syria
leaving moderates to scatter.
Trump
group places mob ties above country; it’s about money POWER not US
service.
Russian
lobbyists guide Trump crew and GOP on business interests toward Russia .
Exxon Tillerson pays $2
mil fine for violating sanctions out
of his own pocket change.
Trump is still just a mafia contractor from Queens—Fred
taught him to be The Don.
Like mob boss, he
threatens Senators
The Don threatens
Attorney Gen and Prosecutor Mueller. Wants FBI
his personal police.
Who knows what Jr
got from Russia; Trump in the meeting? Came
long way for nothing?
Putin Ambassador: “not on Trump side, we
are on side of justice” Putin hacked elections.
Breitbart: firing Sessions “only serves to highlight Trump’s own hypocrisy” Losing
base.
Mobsters don’t call the FBI when Jr doing an illegal deal
with fellow
mobsters.
Trump’s FBI Wray promises he
won’t give his employer a free pass. He
got Christie off.
Putin
will have full access to our 2018 elections since Trump doesn’t help states
upgrade.
My Theory:
No one expected him to win so no harm getting Putin help. Don
owes Vlad’s mob money so they sent mob
gofer Manafort to run the campaign. ‘Colluding’
Putin style.
TrumpWorld –
using presidency to make money the old fashioned way: theft
Jared/Ivanka
lied again on their disclosure: ‘forgot’ 77 more assets worth $millions
Jared now says 100
meeting/contacts with foreigners. Lies go unpunished
4th time.
Jared
in real estate money-laundering deal with Russian investigated by Congress
Collude: wanted a secure
communications channel using Russian equipment be set up
Trump hires MarLargo
foreign workers not America Great workers.
Trump
shop from Canada run by Germans sell us Chinese hats et all. Buy US???
Dictator talk time:
“When the president does it, that means it is not
illegal,” Richard Nixon
Consultant Caputo warns
campaign officials don’t talk to the Intel Comm House.
House to cut OMB so we
don’t know what a law will cost in future: NO INFO.
Boy
Scouts have to apologize for rhetoric of The Don—didn’t know political
talk.
Trump
attacks individual reps for not voting his way—3rd world
countries do this.
The Don controls the FBI via Wray. Dictators have their
own police force usually.
“The president can’t have a conflict of interest.” The
Don above the law?
*************
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!
Discrimination
against your neighbor can cost you taxes. Religious ‘freedom’ is excuse.
Wells Fargo gives
away 50,000 wealthy customer data to broker/advisor. Blames others.
Beamers in on VW diesel fix? BMW
denies ‘cartel’ of cheaters using software to fake it.
Bankrupt:
Harry I. Brown Jr.; James D. Dickey; Jay D.
Erickson; Renee Suzanne Floer; Nimish N. Patel; Katrinia L. Walters.
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:
Resort hotel fee?
check hotel: http://www.consumerworld.org/?utm_source=newsletter
Fake Social Security
call: Promising
fix, they want SS#, DOB; change your direct deposit
Ignoramus Award:
"Let's meet face to face and you
tell me I'm not worthy," Kristin Beck, a 20-year veteran of the Navy
SEALs, told Business Insider. "Transgender doesn't matter. Do your
service." Trump
avoided his service to country.
"They don't care about people. They
don't care about human beings." "They care more about the
airplane or the tank than they care about people," Beck said.
I thought we NEVER
abandoned our own in the field.
Who else doesn’t The
Don like? Ugly men, ugly women, brown/black
skin, bald men.
How our government wastes our money:
$28 million for
Afghan’s uniforms that make troops
look like trees in desert: our Defense
$15 million de-enlist
the folks that The
Don does not like. Which generals did he consult?
$84 million on
Viagra and other dysfunction therapy.
Where have all the jobs gone?
Jobs can’t be outsourced: https://www.yahoo.com/finance/news/26-careers-most-job-security-161207078.html
Job interview will ask for your salary requirements. Answer:
I
will research the range.
Which job board sites are best
for your job search?
Learn Spanish so you have another skill for jobs.
Miracle:
IAN
41 Watchung Plaza, B242
973.746.2014
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