Avoid the tax increases

You can join the tax-advantaged investors
A recent IRS study found that one in every 189 taxpayers earning $200,000 or more in adjusted gross income paid no income tax in 2009, the most recent year for which complete data is available. That's more than 10,000 wealthy households paying no taxes anywhere in the world, and more than 35,000 paying no U.S. income tax. Now anyone earning less than $125,000 single and $183,000 can also pay no income tax on their investment income using a FREE legal trust account: Tax-Advantaged Wealth

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Bankers told to stop holding up victim's money for Sandy repair/expenses
Eleven major banks have agreed to speed up their endorsements of borrowers' initial insurance checks, typically worth $5,000 to $20,000. The lenders will also remove some new hurdles created for Sandy victims intended to protect the lenders' collateral in heavily damaged properties. Some banks had been requiring their customers to provide contractors' estimates and other receipts and records to show the advance insurance checks would go to repairing the assets covered by the mortgage, which are the borrowers' collateral for the mortgages, superintendent Lawsky said. Those requirements will end under the deal as part of Gov. Andrew Cuomo's effort to speed private and public sector recovery by cutting bureaucracy.
Lawsky said the lenders will also immediately release insurance checks intended to make a home habitable and to pay expenses for living elsewhere.
Bankers were holding funds since November 1, the initial insurance checks used for immediate living expenses! Banks have no SHAME, even after we bailed them out!

Our taxes pay millionaires for being unemployment—why should we pay for this nonsense?
Congressional Research Service reported that 2,362 households with an annual income of $1 million or more received unemployment assistance in 2009, causing some lawmakers to erupt in outrage. Sen. Tom Coburn, R-Okla., wrote to Bloomberg: "Sending millionaires unemployment checks is a case study in out-of-control spending. Providing welfare to the wealthy undermines the program for those who need it most while burdening future generations with senseless debt."
And Washington wants to cut our Social Security and Medicare! What the …

Global corps like Google, Amazon, Microsoft, Starbucks shift taxes to us
Google avoided about $2 billion in income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show. By legally funneling profits from overseas subsidiaries into Bermuda, which doesn’t have a corporate income tax, Google cut its overall tax rate almost in half. The amount moved to Bermuda is equivalent to about 80 percent of Google’s total pretax profit in 2011.
Our "representatives" gave them these gimmicks and now Washington wants to cut our Social Security and Medicare! What the …

Hostess steals pension money as it goes bankrupt
Hostess said it used wages that were supposed to help fund employee pensions for the company's operations as it sank toward bankruptcy. After the company said in August 2011 that it would stop making pension contributions, the foregone wages weren't put toward the pension. Nor were they restored. It filed for bankruptcy protection in January and shut down last month following a strike by one of the unions representing Hostess workers. Make your own tax-FREE pension they can’t steal: http://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976/

Mad Money prologue makes sense
Entrepreneurs don’t start business or hire people because tax rates are high or higher. They start when they think they can make money. Where was the GOP when Bush cut taxes twice and carried on two illegal wars? Aren’t there weapon programs that can be cut …  foreign aid that can be cut? There should be no Congress vacation without an agreement.
http://video.cnbc.com/gallery/?play=1&video=3000134605

Medication errors impact over 1 million patients
A new study, published online today by the peer-reviewed journal American Health & Drug Benefits, reveals the significant national burden that harmful medication errors, also called preventable adverse drug events (ADEs), associated with injectable medications have on hospitals, patients, and our healthcare system. Results show that preventable ADEs associated with injectable medications cost an average of $600,000 per hospital annually and impact more than 1 million patient hospitalizations each year.
We have to ask the technician before any injection on our families!

Almost Half of investors not happy with their advisor--charging 2-3% for what?
Only 57 percent of investors surveyed say their financial advisors proved their worth by navigating recent market conditions, according to Fidelity Investments’ study Proving Your Worth: Uncovering the Traits of the Valued Advisor”. Investors who said they valued their advisors cited three key criteria: focus on long-term, use comprehensive plans, use technology to stay informed.
You don’t have to be a genius to do it yourself:   http://www.amazon.com/Do-Yourself-Personal-Finance-commissions/dp/1480156493/

GOP against insuring bank accounts—Where to put our money?
The federal program providing insurance to noninterest-bearing bank accounts might be eliminated after Republicans opposed a measure to extend it for another two years.


SCAMS           “Only the little people pay taxes.” Leona Helmsley

Insurer caught overcharging again--$1.6 million to North Carolina homeowners
$1.6 million will be refunded to North Carolina consumers as part of the corrective action plan against American Modern Home Insurance and its affiliate American Family Home Insurance. Regulators found overcharging and misleading operations.

Aetna caught underpaying claims
Health insurer Aetna will pay up to $120 million to settle physician and consumer lawsuits charging that it underpaid for out-of-network services for years using a biased pricing database owned by another major insurer.    

Hartford caught shorting auto claims
Hartford Financial has agreed to pay more than $81,000 in restitution to Vermont customers whose auto insurance claims were improperly evaluated. Hartford had inaccurately calculated the value of ‘total’ vehicles losses.

Brokers sell real estate trusts illegally—ignore client protections
Massachusetts charged LPL brokerage with dishonest business practices in its selling of a popular nonlisted REIT. “LPL’s supervision employees had only a cursory understanding of specific state requirements, including Massachusetts concentration requirements,” according to the complaint. Many nontraded REIT prospectuses contain a 10% concentration limitation, designed to cap an individual investor’s purchase to 10% of his or her liquid net worth, the complaint stated.

We just can’t afford the $800 Billion a year pentagon system—A $Billion waste!
For the United States Air Force, installing a new software system has certainly proved to be a wicked problem. Last month, it canceled a six-year-old modernization effort that had eaten up more than $1 billion. When the Air Force realized that it would cost another $1 billion just to achieve one-quarter of the capabilities originally planned — and that even then the system would not be fully ready before 2020 — it decided to decamp.
http://www.nytimes.com/2012/12/09/technology/air-force-stumbles-over-software-modernization-project.html
No one is arrested or sent to jail for this fraud!

IAN
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