The Don just took away your best protection from greedy Wall
Street
Trump killed the Fiduciary Rule, requiring financial advisers to act in the “best
interests of their clients in retirement planning.” And you thought your
advisor was doing that all along. And what is wrong with acting in our best
interests? Well, the sales people are required to fill out forms when they gouge
you on the sale of an annuity for instance. Of course the industry says the
little guy will not even get an appointment if we can’t charge high fees for
accounts under $500,000. Most firms have already made changes that provide the
same products. They just charge the lower fee over a longer period of time. So,
instead of 6% up front, you would pay 1% for ever—10-20 years. Wall Street is
never going to provide a regular person with products that give them the best
deal. They can’t. You will always pay more for products from a full
service firm. The overhead in their offices and salesman pay demand high-fee
products. Plus Wall Street is not a not-for-profit. Obama’s Fiduciary Rule asked
advisors to act more like a trustee than a “boiler room” Wolf to protect you. Trump
killed the Rule—cabinet
are all Wall Streeters.
You can still obtain the best deal: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275
FREE tax preparation
Advertising to you is how they pay for free credit score and
“free” tax prep
https://www.creditkarma.com/ needs
your eyes to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to
file a simple return, this is the cheapest way. Usually
simple means you have W-2 income and no home deductions. The IRS has a topic
look up so you can find the answer to your question easier than waiting on the
telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/. You
can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit up to $2,000
subtracted from tax you owe. Double Your Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
(By the way, IRS does not call or email you. Scammers
DO call and threaten.)
The Don’s Wall will cost us a lot more than he says.
Trade tax of 20% will raise cost of your car, appliances,
etc. See list
of imports.
Trump’s
20% tax on all imports from Mexico will cost us more and endanger 6-14
million American jobs. We make things with stuff from Mexico .
The Don is wrong about America
losing to Mexico .
We get more of the benefit of trade with Mexico
than the Mexicans. Your vehicle, like all of us, is an immigrant. All new cars
are made inside and outside the US. Many parts your mechanic uses to fix
and maintain your car come from Mexico .
If Trump starts a global trade war with his Wall, we will lose jobs because we
make things with imports. Look at what happened with Bush II tariffs on China
steel in 2002. It reduced
our exports cutting another 500,000 jobs HERE not there.
It's up to us to prosper despite The Don's 'economy' for the
rich.
The Don’s tax reform will give the 1%ers HALF the benefits
"If you look at the most wealthy, the top 1 percent
would get about half of the benefits of his tax cuts, and a millionaire, for
example, would get an average tax cut of $317,000," one tax expert says. Trump’s
assumption
is that wealthy people will invest and corporations will produce more
and create jobs. However, right now corporations are using their excess profits
to ‘un-build’ and reduce payrolls through automation. Every willing worker is
employed but at
a lower wage (with inflation) than in the 1980s. Even 2 income families
have no higher income to buy more goods. The wealthy are using their greater
wealth to buy art and property—not
create jobs. So over time, because the deficit will grow at a faster pace, America
will actually lose jobs. Growth spurts cannot be sustained without greater
participation by new and working Americans earning more. Higher deficits
require higher interest payments and thus greater taxes the rich don’t pay.
Protect yourself from new taxes: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520
Robo-advisors help wealthiest cut fees—earn more
“Our research consistently shows that robo-advisors are
becoming increasingly accepted by wealthy investors,” said Spectrem. “To remain
competitive, traditional advisors should lead with their unique expertise in
establishing a financial plan and emphasize their ability to evaluate and react
to world events.” But advisors like MorganStanley
want fees from ETF indexes so client fees double—advisor plus index
manager. Among the robo-users, almost half were directed to use digital advice
by a human financial advisor. Just 13 percent reported using a robo as their
primary advisor. While 41 percent of robo-users were self-directed investors, a
larger portion, 43 percent, described themselves “event-driven”—likely to seek
professional advice for specific needs like saving for retirement or asset
allocation. But advisors despite fees still can’t foretell the future.
Cut your fees like the wealthy: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957
Did you lose something?
Another way to find money that is yours but you didn’t know
it existed. Try site ClaimDog.com a free service
that simplifies the process of finding “unclaimed property.” Using your name and
all the states you have lived in, it does a search of public records. Because
this is property you probably never heard you owned it could be anything: a rebate
check or a forgotten safe deposit box. There are other services but they charge
to find your stuff. Also try the state sites with searchable database. For
example, http://www.osc.state.ny.us/ouf/
had an old tax refund of mine worth $668. I guess when I moved they did not
have my new address. Another time I had a telephone company refund coming.
Unclaimed property is one of thousands of savings ideas: https://www.amazon.com/Financial-Bargain-Book-Save-000/dp/1517264936
GOP tax plan: cut income taxes for the rich; raise sales and
use taxes for us
OH has joined KS in giving the wealthy more while taking more
from the rest. Ohio Gov. John Kasich proposed an increase in sales
and other taxes to pay for a 17% income-tax cut—mostly for the rich. The GOP
will increase the state sales tax by a half-cent to 6.25 percent and increase taxes
on cigarettes, vaping products, alcoholic beverages and oil and natural gas
produced by fracking. KS
is going bankrupt from their “socialism for the rich” tax cut in 2012. They
had to raise taxes for the budget and hit up the citizens who drive, smoke and
drink. NJ raised gas taxes 23 cents to continue the “millionaire” tax cut. CA
did the opposite and is prospering. Trump has proposed a 20% hike in tax of
imports while giving his class a huge tax break. KS
“inspires” GOP to cut health plan supports.
Fight this Socialism for the Rich: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584
Vanguard cuts fees again
Increasing flow of investments from managed funds to
low-cost Vanguard funds, the client-owned mutual fund company has lowered
fees on 21 more. The move will save investors $25 million. The money
management industry has been in a fee fight, with Vanguard putting pressure on
the likes of Fidelity, BlackRock and Schwab as they duke it out for
increasingly cost-conscious investors. The Vanguard 500 Index provided 11.9%
return in 2016 and 10.9% a year since 1976. The 500 Index of the top 500 US
companies is one of the Vanguard Top Ten. You get more of
your earnings back with fewer fees.
Make investing simple—10 funds for your whole life: https://www.amazon.com/
Vanguards-Top-Ten-mutual-funds/dp/150073909X
Can the republic survive to 2020
Half The Don’s subjects think the emperor
has no clothes or worse.
The Don’s investigation
of voter fraud comes from his misunderstanding the law. He assumes those
registered in 2 states vote twice and all the dead people on the rolls are
voting. His top 5 inner circle are all registered in 2 states because it is not
illegal. Dead
people can’t remove themselves from lists because they are dead and don’t
vote.
Bomb Shelter? A conspiracy propagandist
gets on the National Security Council
CIA, Jt
Chiefs, National Intelligence booted out. It’s a “political correctness”
Council.
The world sees America
differently than “leader of the free world” now. ISIS
celebrates?
We are entering
the Twilight Zone:
"There is a fifth dimension beyond that which is known
to man. It is a dimension as vast as space and timeless as infinity. It is the
middle ground between light and shadow, between science and
superstition, and it lies between the pit of man's fears and the summit of
his knowledge. It is an area which we call the Twilight
Zone."
Rod Serling
Remember, Don Trump
is still a contractor from Queens NY, just richer than most. Most of
his income is from lending
his wealth “brand” to other’s buildings and golf ranges.
The Don will fire you or not
pay if you don’t do as he says.
“Trust
only family” “I'd love to have Jared helping us on deals with other nations
and see if we can do peace in the Middle East ”
The Don keeps “friends”
(the mob) closer than enemies:
banks own his future income and Putin could buy up his markers. We worry
about conflicts
of interest.
He charges that our own CIA
acted like Nazis in leaking spy
investigation then blames
media for bad relations. “Media is the enemy”
The Don decides that any news he can’t manipulate is Fake
News
“I
won’t take your question. Fake news”
His own Obama
birther Fake news got him fame and millions of white supporters.
Lies are now called “alternative
facts” by Trump’s Press Sec. Photos show it.
His nominee for security quit because she
used other people’s work as her own book.
The Don has Priebus and Pence saying “no
evidence” necessary on voter fraud claim
Little Dictator hangs up on Australia ’s
PM in reneging on refugees call
Little Dictator threatens to invade Mexico
after invading Chicago
THE DON’S 282 PROMISES
Deportation,
The Wall, Re-Create Jobs, NO Abortion, No ObamaCare, More Guns, No Muslems, Reprochmont
with Russia, Christian
nation, Jail
Clinton, Kill Terrorists and Family, Torture, Cancel
Iran deal, Cancel
EU-NATO, Term
limits, Replace VA head, Coal
Steel Infrastructure, End
drug monopolies, Tax imports esp Ford, Grow 6%, Cut Deficit, Separate
banking speculation, Cancel Consumer Protection Act, Change libel law, outlaw
flag burning, End
own biz ties, End
endless tweets, Cancel
Fiduciary Rule, Wealthy tax break, No tax
income <$50K, tax profits
sent overseas, Change
Washington, Change GOP, Change, Change, It was rigged! … so I would
win!
*
The Don
Way :
The Don lives on OPM
“other people’s money” to make money. Taj went bankrupt but Trump
took out $ millions first. He avoided $960
million in taxes so we could pay them. Trump stiffed NJ
for $25
million in taxes under Christie. Is he smart or just a crook? Trump
Foundation closed
for illegal operation
Making money from the Secret
Service and Top
Secret info for biz; an Audience
with The Don costs you $, FREE govt
services and health care, WH site highlights jewelry. Ivanka
met with Japan PM
Abe already. Sell
more bracelets in Tokyo? Nordstrum ban.
NYC spends $500,000
a day to guard his Tower. Don threatens city over immigrants.
“All the world's a stage, And all the men and women merely players; They
have their exits and their entrances, And one man in his time plays many parts
…As You Like It
*
Promises (lies) and
Actual outcomes:
Coal companies can now dump
waste in streams—GOP says helps miners?????
The Don ends
protection against broker selling high commission products to seniors.
Lie: Tells
UK PM 100% support for NATO but told us he will cancel: Putin upset.
Putin’s forces attack Ukraine
killing 8 in new test of West.
Bush’s Wall
cost too much and was not effective—GOP to spend; tariff is new tax. Koch
funded PAC called the measure "a massive
tax increase" on U.S. consumers, who would pay more for foreign goods.
He urged Ryan to "go back to the drawing board."
Wall is “idiotic” according to a real builder.
GOP’s plan
to cut Social Security and Medicare—only AARP can stop them.
Lie: Trump promised to negotiate drug prices—too high: now
sides with status quo
Farmers voted Trump but actually
dealing with CC without words “Climate Change”
Wall Street and some cities turning
the other cheek on banning by country and religion
Religion school’s Jerry
Falwell will change national college accreditations: creationism
The Don will eliminate
consumer protections against broker/advisor greed as reg cutting.
The Don will repeal
regs set up to protect America from another Wall Street meltdown.
The Don will “destroy”
the reg against church/charity non-profits supporting candidates.
*
Tolerance is
un-American now?
Even
Genghis Khan, 1206, accepted Muslims fairly. Even Israel
accepts Syrians.
The Little Dictator never read matthew/25-35.htm I was
a stranger, and you took me in.
The Little Dictator threatens UC
Berkeley with cut in funds for not receiving right winger
*
Regulators are the only protection against
corporations since we
can’t sue anymore
Trump to end regulation and audits of financial services.
Joseph Meli and Matthew Harriton caught with Ponzi
reselling tickets to big events.
Citi
Global caught overcharging 60,000 of us for fees in inactive accounts for
15 years.
Prospect Mortgage caught paying illegal
kickbacks for mortgage business referrals.
Clayton Cohn Marketaction caught stealing
$1.8 million from 37 investors.
Mastercard UniRush caught denying
RushCard users access their own money.
Charter TimeWarner caught
charging for internet speeds it can’t give but promised.
GOP votes to allow
Big Coal to dump slag in streams in WV, PA Test
drinking water
GOP votes to end
background checks on some mentally ill gun purchasers
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?
Police organization issued a formal
apology for the historic mistreatment of minorities.
Trumpers want police to start buying
military weapons against civilians again.
SCAMS:
SCAMERS call and email for instant $ but IRS doesn’t. Verify
IRS demand with call to 1.800.366.4484 or at www.tigta.gov.
Ignoramus Award:
Churches will become political action committees
“Among those freedoms is the right to worship according to
our own beliefs. That is why I
will get rid of and totally destroy the Johnson Amendment and let our
representatives of faith speak freely and without fear of retribution. Freedom
of religion is a sacred right but it’s also a right under threat all around us
and the world is under serious, serious threat in so many different ways.” DJT
Johnson Amendment: provision in the U.S.
How our government
wastes our money
After spending $ 5,000 billions to fix Afghanistan ,
less
districts are in govt hands than last year. We could have rebuilt every
bridge in America with that.
Trump’s Mattis promises more
help not less for S Korea even though they have
money
Where have all the
jobs gone?
The game is to announce
more now; later who knows?
Which job board sites are best
for your job search?
Who owns your
account now?
Miracle:
IAN
41 Watchung Plaza, B242
973.746.2014
Alerts
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