Your taxes go to Chevron which gave $3.5 million to
Boehner’s PAC
Chevron paid $3.5 million to Big Oil's preferred
congressional candidates including Leader Boehner’s Congressional Leadership
Fund. But Federal law prohibits government suppliers from making campaign
contributions. Now the Federal Election Commission refused to enforce the law
against Chevron. Chevron says the Chevron that accepts government money and the
Chevron that engages in election spending are two different Chevrons. Chevron
uses over 1,000 subsidiaries to provide $15 million to
politicians. Foreign dictators can donate to PACs via subsidiaries too. If you
don’t have $3.5 million to buy elections, keep your tax money out of politics.
Pay your fair share: http://www.amazon.com/Tax-Shelter-for-Americans/dp/1500426520
Your taxes provide EXCELLENT bonuses to Donors—Are you a
donor?
You have given huge tax refunds to GE,
BankAmerica, Chevron, Boeing, Valero, Goldman, Citi while they are clearly
making profits. They don’t pay taxes even though they can’t hide
ALL their incomes overseas like many others. How do they do it? They just
happen to be some of the largest DONORS to our “reps” in Washington .
Is it surprising to learn some of our “reps” are multimillionaires?
Are you shocked to learn they have “insider”
information on the stock market? Former GOP leader Cantor deleted requirements
from the Stop Trading on Congressional Knowledge Act in 2012 so now they can
use insider info legally. Stop giving them refunds.
Are you glad you moved your money to low-cost index
funds—60% vs. 20%?
Buffett has a 10-year running bet with the hedge fund managers at
Protégé Partners about whether hedge funds can beat a low-cost S&P index
fund, and the bet is now in its eighth year. Cumulatively the S&P 500 was
up more than 63 percent, while the hedge funds gained only 19.6 percent.
What does your advisor say about that? http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137
GOP crazies
Three more are running—Neurosurgeon Ben
Carson and former HP CEO Carly
Fiorina—for president. Evangelist Huckabee makes three. Christie can make
it a B dozen if Adelson believes he didn’t know his staff was in BridgeGate.
Low odds given.
GOP candidate Carson says "You know Obamacare
is really I think the worst thing that has happened in this nation since slavery."
Former surgeon is thinking about his professional fees going down not about 11
million poor with coverage now.
GOP TX Gov has banned
TX town from banning fracking in their town—talk about Big-government
over-reach.
GOP candidate Graham thinks he can win by cutting Medicare
Sen. Lindsey Graham, SC says “I’m going to ask [people] to
give up a little bit to make sure the system doesn’t fail.” “If we don’t, the
baby boomers are going to wipe out Medicare and Social Security. We’ll become Greece .”
This scare tactic won’t work since Americans know Congress gives benefits to
corporations and rich that give them money. It is BS to say Americans will need
to pay more taxes while more corporations and wealthy pay less. We already pay
30% of income on average while they pay 15% or less. GOP needs to read “We the people …” again.
Christie creds in the toilet
In 2011, Christie promised to pay billions of dollars into
the state's woefully underfunded pension system, while public sector unions
agreed to cuts in benefits. "This is what catapulted him to the national
arena. Now [that he reneged,] it's really hard to reclaim that mantle."
Unions gave; but Christie did NOT. Spent $1 m for PR report about himself. Gave
EXXON a $9 billion gift. Blames
his secretary for Bridge scandal.
TX hates Obama so much they think he has sends Army to
invade Texas
Gov
calls out State Guard to protect TX from Special Forces. Many are ready to
fight with real guns. Defense officials Monday dismissed as “wild speculation”
an Internet-fueled claim that a massive summertime exercise called Jade Helm 15
for special operations commandos is a covert operation by President Barack
Obama to take over Texas . Chuck
Norris warns Army. McCarthy
period returns to US. McCarthy used fear to gather support for political
action.
GOP leader Cruz blames Obama for race unrest, Baltimore ,
etc, etc, etc.
Sen. Ted Cruz (R-Texas) on Wednesday blamed President Barack
Obama for the racial tensions and unrest unrolling across the U.S. ,
including the current turmoil in Baltimore .
You can’t make this stuff up.
Supremes taking America
farther right?
GOP Supremes agreed to review Obama regs to encourage
efficiency in the electricity market. Really, against efficiency or just for
coal? Separately, Supremes ruled against a homeowner’s bankruptcy plan
to pay even though Uncle Sam and Bank of America backed the homeowner.
Where are you putting your RMD?
Every person over age 70 has to start liquidating their IRA,
401k, 403b and most tax-deferred accounts. If you are still working and
contributing to your plan, you can wait until you retire to start your RMD. You
have no choice but to pay the tax you owe on your RMDs as your account is still
growing. You can’t avoid tax by rolling over an RMD into another account.
However to avoid future tax on future gains when you don’t need the money, you
can deposit it—less the tax—into a tax-FREE Roth IRA. This money grows and
earnings are tax FREE from then on (after Roth opened 5 years). The principal
is always available for emergencies. You can even leave the account tax-FREE to
heirs if you don’t need it for later health or custodial care.
This is your Retirement
Income Insurance policy: http://www.amazon.com/Don-leave-work-without-Retirement/dp/1511980982/
Does your advisor’s financial plan cost 0.45% or less?
Vanguard has slashed the investment minimum for its Personal Advisor
Services program that combines interaction with a human financial advisor
and online features.
Instead of the $500,000 minimum Vanguard requires only
$50,000. A Vanguard financial advisor discusses your financial goals, time
horizon, and risk tolerance. Then the advisor creates a custom-tailored
financial plan consisting of a portfolio of Vanguard mutual funds and
exchange-traded funds. The annual fee is 0.30% of your assets,
plus the fees for funds contained in your portfolio. Admiral Share funds cost
between 0.05 to 0.19 percent. The company’s goal is to limit the all-in costs
to roughly 0.45 percent.
Pay less—keep more: http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X
Healthcare exchanges target part-timers to fill niche
Most private health care exchanges are geared toward active
employees. But Tampa, Fla.-based Brown Insurance Group has an eye on
part-timers who may have lost coverage or who never had access to group plans.
Eric Brown, principal, explains how his private exchange allows employers
nationwide to provide coverage to such employees through an exchange-like
environment. Brown Insurance also assists with Healthcare.gov enrollment. Many
businesses run on part-timers so this may help provide some coverages but price
can be the problem. ObamaCare comes with subsidy.
Compare and save: http://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083
Are credit union accounts right for you?
Join the Defense Department CU and enjoy paid checking, free
ATMs and lower loan rates. Pay bills online. What is not to like? You don’t
wait on line for teller. Other national CU you can join and save: http://www.kiplinger.com/printslideshow.php?pid=9969
Is your debt past the limit—know your rights
Use the statute of limitations map provided below to
determine your state’s debt collection time
limits. Ask for full proof you have not already paid a bill that is really
yours. Make a settlement offer. Claim insolvency or medical emergency to delay
full payment. Get help at low-income legal office. Ask for Hardship
Repayment Plan option. Has collector overstepped the bounds? http://www.credit.com/debt/statutes-of-limitations/
Delete your questionable persona before job hunt?
Is it worth it to have a pro try to get rid of your past
indiscretions? Only you know if it is worth $129 at DeleteMe: https://www.abine.com/deleteme/landing.php
Most firms will do a background on you for most executive positions so it may
help you. You can request “opt out” at major data sellers like Spokeo and Intelius. You
just don’t know who has what and did they really delete it. Good luck. Even
Congress people are being taped by the NSA and others.
Lexus again all round best brand—surprise—Kia over BMW?
The Consumer Reports 2015 Car Brand Report Cards ranks
automakers across the world by reliability,
road test performance and other factors. For the second year in a row,
Lexus topped the list, nearly matched by Mazda, and followed by Toyota
and Audi. CR also predicts which are likely to go the distance (200K
miles). The bottom of the list included Ford, Dodge, Mini, Jeep and Fiat.
Benz beat Scion?
SCAMS Why
are we still paying $700 Billion a year for
WWII deployments? That is 27
cents of each dollar in taxes—the largest part of our money—and we
aren’t even at war. We could pay off our debts and fix our schools,
roads and bridges!
We are paying for 164,253 of our active-duty armed personnel
to be in 150 countries around the world. We have about 50,000 in Japan Germany
We are building another military
base for Japan at Henoko. Air Force Chief of Staff Gen. Ronald Fogelman
admitted that the Marines “serve no military function. They don’t
need to be in Okinawa to meet any time line in any war plan.”
Are we preparing for WWII again? There are 1,208,083[1] armed
personnel in the United States .
Our taxes pay for about HALF of the WORLD’s military expenditures every
year. We have wasted $398.6 billion so far on the
F-35 program—they can’t
fly safely.
We just can’t afford to pay for everyone else’s defenses
anymore.
The War
on Terror requires SEALS’ attacks on top terrorists at their
homes. Iraq proved
converting a nation to Western-style republic doesn’t work. The troops we
trained ran away. We are wasting
$4 billion a year on Afgan
tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our
money.
Agents are pushing “Secret Presidents/Congress” accounts
It is just life insurance with big commissions. Yes, you can
put a lot of cash in a life insurance plan set up to a build large cash legacy.
You are told it is tax-FREE to heirs and you can earn 5% on your money. This is
how wealthy people can leave money to heirs. They must be put into a trust to
avoid estate tax. These policies may violate IRS definition of life insurance
if they put in too much. It then becomes a MEC which is taxed like
an annuity. The expenses are high but are smaller than the tax bill could be.
For most people, this is NOT the best alternative. The IRS allows us to leave
assets to heirs tax-FREE to the heirs on a “stepped-up” basis. Heirs pay no tax
on these assets until the asset accumulates its own gains for the new
owner.
Brokers sell without disclosing all fees and risks—Fiduciary
rule breaking
LPL Financial Holdings Inc must pay $11.7 million for
"widespread supervisory failures," including sales of a risky type of
exchange traded fund and other complex securities. Brokers sell variable
annuities without disclosing surrender fees, charges, etc.
IAN
41 Watchung Plaza, B242
973.746.2014
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