Friday, September 6, 2013

The Essential Financial Life

Keep It Simple: The Essential Financial Life
The best guarantee of lifelong security is having money.
Complicated finance doesn't work.
Complicated products are expensive.
Complicated money plans are not followed.  
      Wouldn’t you like to assure yourself of tax-FREE growth and income for the rest of your life? We don't need complicated insurance, mutual funds, or financial products to have the good life. We avoid the two KILLERS of wealth accumulation—taxes and fees.
I help you decide which financials are best for you, now and later. You make your money work harder for YOU; not your advisors. You don't give them 2-3% of your money every year. Your investment edge is … the miracle of compounding. http://www.amazon.com/Keep-Simple-Essential-Financial-Life/dp/1492258849

Do you support American-made goods? Buy a Toyota Camry not Ford Fusion
Camry is THE reliable American-made car—80% by American workers. Most mass- market ‘foreign’ cars are made in America, while a lot of ‘American’ cars are NOT fully made in Americahttp://www.consumerreports.org/cro/news/2011/06/how-much-of-your-car-is-made-in-america/index.htm  Many expensive cars are made outside the US including Caddy SRX. http://abcnews.go.com/WN/MadeInAmerica/page/made-america-car-american-made-13795239 Manufacturers source car parts by price, including transportation. Just like beer.
Your favorites are probably made by Belgium-Brazilian  InBev, which makes Bud, Michelob, Bass Ale, Corona, Beck’s and Stella Artois. But Bud gave up on Hallertauer Mittelfrüh hops in favor of cheaper hops. The top 40 execs gave themselves a bonus from the savings. The German farmers had to retire. Yuengling and Sam Adams are the largest American-owned breweries, for now.

Are you liable for damages if you text a driver causing an accident?
New Jersey appeals court ruled on Tuesday that a person could have a legal duty to avoid texting with someone who is driving. Disagreeing with a lower court, a panel of judges found that when a motorist is texting while driving and causes an accident, the person who was exchanging messages with the driver can also be liable for negligence.
But the bar is high. The person had a “special reason” to know the driver was on the road and would read the messages. Only in NJ though.

Donald TrumpU is asked for HIS “birth” certificate!
Last week, the New York Attorney General sued Donald Trump over a host of allegedly illegal practices engaged in by Trump's real estate ‘seminars.’ The AG's alleges nasty practices like promising actual hand-picked teachers with actual real estate experience. Donald’s “University” has no ‘birth’ certificate. Can’t practice “educating” without a license.




Did you celebrate Labor Day?
Underemployment rate near 15%. Not much to party about. Labor lost to capital: Wages fell as productivity grew nearly 8%. Output and profits increased as workers earned less. Capital earned more. The Economic Policy Institute estimates that between 2007 and 2012, wages fell for the lowest 70 percent of all wage earners, despite productivity growth of 7.7 percent. Since 1978, CEO pay at American firms has risen 725 percent, more than 127 times faster than worker pay over the same time period, according to new data.
As a result, American income inequality has skyrocketed, growing worse than it is in countries like Pakistan and Ivory Coast. Wealth inequality is worse than it was even in Ancient Rome. And, as pay skyrockets and tax rates fall for the richest Americans, the rising inequality has left the bottom 95 percent of Americans saddled with more debt than ever before.

Broker infractions on display
The SEC has approved more broker disciplinary information access. The new proposal would disclose all historic complaints dating back to 1999 for individual brokers who are currently registered or whose registrations were terminated within the preceding two years. The new proposal calls for making a former broker's record public for 10 years, so investors can access information about individuals who may work in other sectors of the financial services industry or who have attained other positions of trust. http://brokercheck.finra.org/Search/Search.aspx

Texans skip ObamaCare and go to ER
Texas again leads the nation in the rate of uninsured. More than 25 percent of the state's population under age 65 -- 5,771,479 people -- has no health insurance coverage, according to recent Census Bureau data. In 24 Texas counties, a third or more of residents are uninsured. Many of the uninsured are working adults whose employers do not offer insurance coverage or for whom the cost of coverage is prohibitive.
The health care needs of the uninsured do not go away simply because they lack health insurance. The cost of providing care to these 5.7 million people is borne by hospitals, taxpayers, and the privately insured. Hospitals are providing $5.5 Billion in uncompensated care each year. Premium costs for private insurance are $1,800 higher, on average, due to uncompensated care for the uninsured.


SCAMS           “Deficits don’t matter” Republican godfather, Dick Cheney, 2002

We taxpayers spend $53 BILLION so others can listen to our phone calls
Every year we pay people to listen in and “analyze” our talk, email, etc.
Seems like a lot for a lot of bull. Terrorists don’t speak English so the $53 BILLION may just keep a million people off the unemployment lines. Didn’t stop 9/11/01 or Boston bombing.

Wealthy buy another country residency
Southern Europe’s cash-strapped governments are wooing wealthy home buyers from overseas by offering so-called golden visas to purchasers of high-end properties. Portugal, Greece, and Cyprus are offering temporary-residency permits to foreign investors. Min. bid is €250,000. Cyprus is already “booming with Chinese investors,” says Nikolas Michalias, a local real estate appraiser at G&P Lazarou who spends half the year in China promoting golden visas tied to real estate investments. “Every day there are more than 20 Chinese nationals landing in Cyprus to search for property.”
This sounds like Romney country: corporations are people, my friends. http://www.youtube.com/watch?v=E2h8ujX6T0A

See the data on you that is bought and sold for $ billions everyday
The data on the site, called AbouttheData.com, includes biographical facts, buying patterns, clothing size, interests and medical needs. To see your data, you give your SS#:
List of some companies buying and selling your information without your consent:


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