The Wealthy control governments and hide assets—new info
"Panama Papers," that detailed how global leaders
and public
figures hid wealth in offshore tax havens. They have already prompted the prime
minister of Iceland to step down. The data raises many questions: Why “only
the little people pay taxes.” America’s
wealthy have hidden crimes we will never hear about using shell
corporations and other legal devices to avoid reporting income which is
illegal. Many government leaders skim assets from contracts/relationships
during the course of their jobs. They
set up fake corporations to get access to good courts and sophisticated
financial laws. Others use Panama
to launder money. Shell companies are used to move money into US
real estate to legitimize fraud/theft by officials. Wealthy Americans and their
corporations have used shell entities in other countries like Panama .
Pay only your fair share: http://www.amazon.com/Most-U-S-Corporations-Pay-No-Taxes-ebook/dp/B00ZCMKTV6
Congressmen become the super rich using insider info
that is illegal for us
Among the powerful politicians, the portfolios of Republicans
outperform the market by 32.05% to 36.19% under a one-week
holding period. “Our results imply that the performance of
congressional portfolios is mostly driven by private
information” that they have and we don’t “based on their power and
party membership," Serkan Karadas, economist, Sewanee: The University of
the South, writes in the study.
Worse, Congress passed a law that says they
are above the law (Insider trading is illegal for us). The study, which
looked at almost 62,000 trades made by members of Congress in 2004-2010, found
outperformance of 22.13 to 24.16% under a one-week holding period on an annual
basis. That short-term outperformance is significant, implying that the politicians
were trading on time-sensitive information. Worse, Republicans with little
financial experience are beating Wall Street’s “top traders.”
Why let Congress have all the benefits of the tax code: http://www.amazon.com/Win-Investment-War-Earn-11/dp/1522916369
GOP experiment fails: Cut taxes—no services, no jobs, no
freedom
Every state where the GOP
has cut taxes for the rich to invest and grow the economy has failed. GOP
raised the LA sales tax to 10% so rich get more. The rich have moved on to
other ways to use their tax breaks. They want big returns NOW so they go to Mexico
like Carrier
of Indy did. Why pay $20 an hour when you can pay $20 for the week. Carrier
got $5.1 million in clean energy tax credits in 2014. The Carrier’s owners
took the money. Indiana is one of
the states that are run by GOP but the leading job states are Utah ,
Washington , Idaho Nevada , Florida ,
Oregon , Arizona ,
Georgia , California ,
and South Carolina . IN joined the
anti-union states. Even Forbes
says tax cuts don’t make jobs. Trump
says workers make too much so his voters are due for a big surprise. CA
raised taxes for CA kids and the economy took off.
GOP doesn’t learn: lawmakers are funded by the rich and elected
by the religious right.
GOP religion blasphemes the real “miracle” of God’s
creativity
GOPs of many states are rewriting their laws to create their own form of religion.
They want to live in the 1800s when people thought the history of the universe
was in Genesis. One “rep” claims he
found Noah’s Ark and ‘proof’ God created the Earth. Louisiana GOP is
brainwashing their kids to think science does not exist. Jobs will be denied to
this generation. (the
middle-class Scots of 1750 were better educated.) LA ignores the 1967
Supreme’s decision that there can’t
be a state religion. LA GOP wants to stop premarital sex and other behavior
they don’t like. Over
50% of the voters think evolution is wrong so the GOP can keep control of
LA for another generation. The kids just won’t learn about the real “miracle”
of God’s creation that science continues to unfold every day. God created it all--science too.
GOP religion is NOT the Christian message
MS
legalizes discrimination that business people don’t want and didn’t ask
for. Baker wants to bake cakes for everyone. Listen
to this Christian explain why this law is NOT his or Jesus’ message. Jesus
did not turn away those people who were outcast from society. He
did NOT shun the whore or Roman tax
collector both despised by the official
religionists of the day. Jesus uses the example of the stranger being given food by
the righteous: “Verily I say unto you, Inasmuch as ye have done it
unto one of the least of these my brethren, ye have done it unto
me.”
GOP religion is NOT Christianity but the message of hate for
other people.
Why your broker/advisor is giving up on commissions
Your financial person is going through an “identity” crisis.
They are faced with the fact that the largest money manager is charging less
and less—0.05% for 10.8%
a year return since 1976. They know that pushing you into their latest
“super” fund offered by their firm is probably wrong and not best (just “suitable”)
for you. However, how can they reach their goal of earning $ millions from others’
money? If they don’t take 5.25% up front plus 1-1.5% every year, the firm won’t
let them keep you as a client. Obama
is closing in on their misleading
and inappropriate recommendations to clients in the Fiduciary
Rule. When they switch you to a “managed” account, they can earn 2-3% per
year. That is steady income but requires them to find more folks like you. They
can’t wait for the young investor to grow their account. Many young are already
using “robos” that mirror your “managed” portfolio offerings at cost.
Despite what your advisor says, that 1%
plus expense ratio each year will cost you up to 63% of your total possible
accumulations. Ouch!
Fear of making a
mistake is the biggest reason you don’t move to the largest manager.
Now you can have the best of all worlds: http://www.amazon.com/Buffett-Bogle-Holy-Bible-Investments/dp/1523693045
GOP hates Obama so much they are willing to make the Supremes
liberal
McConnell says no hearing and no vote on Obama’s nominee; a
nominee many GOP supported in his last job search. GOP must hate Obama a lot.
If Hillary wins, she will pick someone more
appealing to her political left. The new Senate may confirm this person
because they won’t have the votes to reject. The GOP’s base will be angry they
lost again and the new Supremes have a 5-4 liberal majority. Plus all these old
white men in Congress will need to “answer” to a woman.
GOP hate will only bring regret—this is a democracy—“compromise
is thy name.”
GOP admits it: voter ID laws were created to stop Dems from
voting
WI
GOP representative Grothman says that the new laws are meant to suppress Dem
votes. After 200 years of voting with little voter fraud, it is common
knowledge that the sudden GOP zeal for protecting voters is right out of the
Nixon dirty tricks play book. Back in June 2012, a Republican leader in the Pennsylvania
legislature boasted
that a voter-ID law was “gonna allow Governor Romney to win the state of Pennsylvania .”
Dems win when there is a large voter turnout. GOP fills
House in non prez years.
Supremes vote to keep Congressional districts democratic,
not elitist
Finally agreement on something (without Scalia): States
cannot use registered voters for redistricting representation in this
democracy. Believe it or not, there are GOP groups that wish to cut out most
Americans from being represented in DC or receiving benefits based on their
number in their district. If your our representations were based on registered
voters only, we would end up with 20% of Americans deciding what the other 80%
wanted. This would take our society back to the origins of
the republic when only wealthy white men decided everything. Most of us
would have no say in the running of the country, how we were taxed and who was
sent to prison or to war.
Sounds pretty much what we have.
Congress consists of wealthy white men collecting subsidies
for no-show jobs
If your employer measured
your production (down) compared to your salary and benefits (up), they
would fire you within 6 months. Most representatives spend most
of their day raising money for themselves. In 2012, House incumbents raised an average of
$2,400 per day in the two-year cycle. Senate incumbents raised an average of
more than $4,700 per day over six years. Their election costs have risen 344%
so the rest of the money comes from PACs and we don’t know who gave the money.
Most Congressmen supplement their salary by betting on sure things—deals that
require insider information they obtain from their jobs. That is illegal for us
to do but not for the people who actually make the laws.
They use information to get rich and get paid for no work
and they call us welfare cheats!
Our retirement fund became our emergency fund
Despite the fact that employer pensions have all but
disappeared from the workplace by 2000, workers are raiding
their 401k and investment accounts early. With the recession taking its
pound of flesh to pay for unexpected unemployment periods of 6 months or more,
more workers feel retirement funds are a lost cause. Dipping in for a special
prize for a family member seems OK to almost half survey respondents. More
parents are saving for college over saving for retirement. Most workers think
investing 6% of salary will provide a comfortable retirement.
Will saving 6% be enough? http://www.amazon.com/Will-You-Have-Enough-retirement/dp/1477594086
Trump: “Donald
Trump” branded heroin sold in NH by supporter
Ivana: “we need immigrants. Who’s
going to vacuum and clean up after us?”
“But Donald cannot be calm,” she
admits.
Refunds $ millions to tenants to settle
fraud suits before Pres vote
Cruz: Kasich
is liberal giving ObamaCare to poor; forget that I bought ObamaCare too.
Hill: I
am getting tired of this guy who can’t win anyway unless GOP helps.
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!
.Fracking causes earthquakes but Big Gas manages regs so wastewater
is hazard.
.John Scott Clark, Utah felon of $1.7 million promised
insider deal on Iraqi currency/oil.
.Auto insurance rates OKed by your state; Find best deal for
you:
.Safety violations
killed 22 people and mine owner gets 1 year only
.Obama
got Pfizer to stay in US and pay its taxes
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
How our government wastes our money
Our armed forces are using
defective L-3 EOtec gun sight not replaced: never tested?
SCAMS
PA
Catholic diocese covers up sex crimes and the law does nothing! Evil incarnate!
Pope
still excludes divorcees and others from full church—“change comes slowly”
Who owns your account now?
IAN
41 Watchung Plaza, B242
973.746.2014
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