How Govt wastes our money: May 2024
Firm’s goal is the
democratization of tax avoidance: plan for more
wealthy tax avoiders
Biden put a hold
on a shipment of U.S.-made ammunition to
2 million with TX Medicaid
coverage were cancelled by state.
US probe finds
widespread sexual
misconduct at FDIC
Living Overseas; Paying
Taxes
Trump’s Individual,
Estate Tax
Cut Renewal to Cost $4.6 Trillion: the kids will pay!
NASA wastes taxes:
plan to build helicopters
for Mars: can Congress stop plan?
SCAMS/SPINS:
"Strive not to be a success, but rather to be
of value." – Albert Einstein
The total number of satellites
in Earth's orbit hit 12,597: getting dangerous up there
Hazardous
Products That Were Recalled This Week
Recall: Palmer
Candy confections sold at Walmart, Target, Hy-Vee and Dollar General.
Recall: Some
Planters nut
products have been recalled over a possible listeria
FL prohibits any
municipalities from passing heat
protections for outdoor workers: 100+
Eddy R Blizzard MD
stole $1m victim’s retirement & legacy: promised
better returns
Regulator fined SoFi
for lack
of control of client cash accounts: lost $2.5 ml; ID breech
Andrew Egber MD disbarred:
possible theft of client funds; missed regulator hearing
Cigna
Pressures Doctors to Review Patients’ Cases Too Quickly: many denial
outcomes
Chime Financial caught:
failing to give us timely
refunds when accounts were closed.
SoLo Funds caught: deceiving
borrowers about the total cost of loans.
Williams-Sonoma caught
falsely
claiming products were "Made in the
AstraZeneca
Withdraws Its COVID Vaccine Worldwide, Citing Dangerous
Side Effects
"Life Plan
Communities" may
cost you more than the contract says
Recall: Echinacea
Immune Yogi tea recall: pesticide
used on ‘organic’ products
Recall: ground
beef products sold at Walmart: E.coli by Cargill Meat
Recall: Hazardous
Products recalled this week: meat, drugs, devices, clothes, vehicle
Caution: Daily supplements
have health risks: there is “too much of a good thing”
GM owners being
tracked; data
sold to insurers; insure rates raised w/o disclosure
15 million still
have medical bills on their credit reports: they
hold little predictive value
Walmart closes all
51 of its health
clinics and shut its virtual health care operations
Scammers pose as
"helpful" third party: offer
to create a taxpayer's IRS Online Account.
Supreme Alito shows
bias on his front lawn: upside
down Stars & Stripes
5 Sneaky Signs Your Doctor Is Gaslighting You
Cigna doctor: Bosses
Pressured Her to Review
Patients’ Cases Too Quickly.
Influenza virus
particles have been detected in commercially sold milk: human
impact?
Dusty
McMansions
is devouring ‘modern’ architecture: bigger better destroying the past
best’s
Chevrolet Bolt EV
owners affected by defective
batteries receive cash for fires
Marijuana as
a less dangerous drug than Other Schedule I drugs--heroin, ecstasy LSD.
Jobs
Few Americans are
getting chips
jobs now: Intel, TSMC, Micron need trained workers
jobs.interestingengineering.com/
65% of companies offer
remote work arrangements: must address cyber security
New economy: workers
left existing gigs and found new, higher-paying
jobs
Who owns your account now?
Why medical
debt is still on your credit report: need multiple contacts to correct mess
Vanguard
raises fees in brokerage accounts: matching other brokers
10 Best Investment
Apps: depends on what you
want to accomplish
Best & Worst Online
Direct Banks: J.D. Power
Most Accurate DNA Test Kits, Ranked By
Experts
What to do if you
receive mail
from the IRS: ask your preparer
Focus Financial
Merges Buckingham
Strategic Wealth With The Colony Group
Osaic purchased Lincoln
Financial Advisors Corp. and Lincoln Financial Securities
Under Trump
government, college students
may not be allowed to protest on campus
Textbooks
are rewritten, purge
liberals, and scorn
democratic ideals in FL and Russia
Judge Cannon
postpones documents case 'indefinitely':
delay to 2nd term to dismiss case?
Smart Ways to Take
Money Out of Retirement
Accounts
Annual contribution
limit for an individual is $4,300; with family it is $8,550.
Labor expanded rule
that requires professionals give us best
retirement plan advice
Guide to the Hidden
Fees of Popular Investments
Dream of retiring
after 60 is slowly dying: 33%
say they will not have
enough money
United Methodist delegates
repealed their church’s longstanding ban
on LGBTQ clergy
Our 25 largest
suburbs saw doubling of school districts that are 90%-100%
nonwhite,
End-of-Life Tax
Planning Mistakes
to Avoid
How to Lock In a
$14M Estate
Tax Exemption Before 2026
Many HSAs
suffer from low interest rate yields and junk fees to switch
Average household
wealth for under age 40 is up
49% from its pre-pandemic level
1/3 of us draining
401(k) plans as cost-of-living concerns and other stressors pile up.
Miracles:
Chemo
can be brutal. This FDA
effort aims to make it less so.
A specific
genetic variant appears to play a significant role in a child’s becoming
overweight
Medicare and Social
Security funding
has been lengthened to 2036 due to market gains
Nanotechnology-based
oral
insulin may replace injections for diabetes
CRISPR
gene therapy improves
vision in people with inherited blindness
New
brain cancer
vaccine reprograms immune system in successful human trial: glioblastoma
Liver’s
reaction to seeing and smelling food may unlock new diabetes cure
Med-Gemini
beats GPT-4, achieves 91.1%
accuracy in medical diagnostics: in test phase
New
antibody drug reverses Type
1 diabetes in groundbreaking experiment
Time-tested therapy
for anxiety without a paid professional
Scientists
restore
brain cells impaired by a rare genetic disorder
@
Lessons from successful investors
Is a HE loan right
for you?
Home equity loans
unlock ways to get cash for your financial needs instead of a bank loan. But
they also put your home ownership at risk. HE loans or second mortgage
are using your home as collateral. If the loan is not paid the lender can sell
your home. These loans are usually cheaper than many other types of loans so
they may be right for you. Home equity loans tend to be fixed-rate, while the
typical alternative, home
equity lines of credit (HELOCs), generally have variable rates. The
interest paid on a home equity loan can be tax deductible if the proceeds from
the loan are used to “buy, build or substantially improve” your home. However,
with the passage of the Tax Cuts and Jobs Act and the increased standard
deduction, itemizing to deduct the interest paid on a home equity loan may
not lead to savings for some filers. Compare with other loans.
https://www.amazon.com/DIY-Financial-Independence-Freedom-Workbook/dp/1088908500
A financial planning
checklist even if you have an advisor
Most of us are
wasting more than $3,000 every year. If we invested that $3,000 a year, we
could have all the assets we need to protect our families and futures. We even
waste our largest savings amount: our tax refund—they average about $3,000 a
year. Every year that we overpay for services costs us $100,000 eventually. Our
wasted money could be compounding at the highest rates for long-term growth.
And most of us do NOT use an account that makes our earnings and withdrawals
tax-FREE. For example, if our retirement funds earn 11% but the hidden fees and
charges take 3%, we are going to end up with $780,000 not $1,900,000 by
retirement time. Adjusted for inflation, that means an income of about $1,466 a
month instead of $3,333 a month. Plus, if we don't use a tax-FREE account, our
pension income will be taxed at 25% or more. And don't think a company-paid
pension or Social Security will save you! TowersWatson firm found pension
underfunding is rampant. Social Security will exhaust its funds in about 2033.
We know that income taxes will continue to climb to pay off two wars and two
tax cuts. My conclusion is that we need to develop our own “lifestyle
security”—a growing asset fund we can't outlive and that is not dependent on
the government or employers. Using the checklist below, I will help you stop
the bleeding.
https://www.thinkadvisor.com/2024/04/18/a-financial-planning-checklist-from-age-20-to-70-and-beyond
Yes, it’s possible
to live like Buffett
Buffett still lives
in the home he bought in 1958 for $31,500 — it's worth $1.43 million now. Even
though his net worth is about $130 BILLION, he lives the life of a thrifty
person. He often eats breakfast from McDonald's and still uses borrowed
furniture when his children were born. He was a flip-phone and 2001
https://www.moneytalksnews.com/slideshows/frugal-living-tips-to-learn-from-warren-buffett/
Become a master
communicator: connect with anyone
Ask
meaningful questions, those that reveal a person’s values: rapport.
Get the person to feel
that they’re
in control of their life—career, money, goals.
Share a laugh but not at
someone else’s expense.
People love to talk
about themselves. Let them. Find out their interests.
If they know what
you do or your interests, they may ask for your help.
Repeat their
concerns back to them in your language; ask if you got it right.
If you have
comments/help for them, make them as if you are sharing a beer.
People don’t like
being lectured to; they want a friend to share with.
If you have a
similar experience about their concern, share it and the outcome.
Take your
conversation from this great beginning.
https://www.amazon.com/dont-have-money-Financial-Emergencies-ebook/dp/B01LYUI2JH
@
?********ACCOUNTABILITY**************?
Like 1776, this
period is a test
of democracy—We
rejected an "American
fascist" once
The
Path to Dictatorship: 2010-2030
Parallels of this era in the past
may hint at our future: democracy breaks apart legally
Billionaires
paid $881 million for votes in 2022
midterm elections
Nov 2020 Wealthy
discredit election process
Jan
6 2021 Direct
govt overthrow failed: guns
& bombs were ready
Trump
engaged in a "criminal
conspiracy" to stop Biden
“I
don’t f—ing care that they have weapons”
Trump was “detached
from reality”
Trump
used mafia-style intimidation on the defenseless
Trump still terrorizing
election woman
Parscale: “a
sitting president asking for civil war.”
Trump:
“Just
say the election was corrupt and leave the rest to me”
GOP fascism: “RINO
hunt armed; no bagging limit” J6
comm threat
January
6, 2021 “A
date which will live in infamy”
Trump’s Supremes END
personal rights & state
laws except for weapons
WMDs
Fascism: GOP
to stop women leaving state for abortion
It’s
not a court. It’s a junta: Two Americas
Trump: President
Biden is 'enemy of the state'
Christian
Nationalist Party (CNP) replaces
GOP
Apr 9 Illustrated
Anne Frank book removed by Florida school
Apr 21 Trump: “I
am your justice”
May 9 Trump
guilty of sexual abuse
Jun 8 Trump
indicted by the United States of America
Violation
of the Espionage Act
Conspiracy to obstruct
justice
Making false
statements
Conspiracy to defraud the
Conspiracy to obstruct
Congressional proceeding
Obstruction of and attempt
to obstruct an official proceeding
Conspiracy against right to
vote
Attempted coup
d'état by
any other name: American
fascism
350+ people have
been sentenced to jail or prison.
Trump and His Gang Get the Mob Treatment
Aug 4 “IF
YOU GO AFTER ME, I’M COMING AFTER YOU!”
Mobster
#1 Enrique Tarrio gets 22 years
Mobster
Stewart Rhodes sentenced to 18 years
Mobster
Ethan Nordean gets 18 years
Mobster
Dominic Pezzola sentenced to 10 years
VIOLATION OF THE GEORGIA RICO (RACKETEER INFLUENCED AND
CORRUPT ORGANIZATIONS) ACT SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER
CONSPIRACY TO COMMIT INIPERSONATIN PUBLIC OFFICER FIRST
DEGREE
CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS
CONSPIRACY TO COMMIT FALSE DOCUMENTS
FORGERY IN THE FIRST DEGREE
CONSPIRACY TO COMMIT FALSE STATEMENTS AND WRITINGS
FILING FALSE DOCUMENTS
SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND WRITINGS
SOLICITATION OF VIOLATION OF OATH BY PUBLIC OFFICER
FALSE STATEMENTS AND WRITINGS
Don’t get pregnant in
Dec 2023: Trump
using Hitler language to scare us
“Wannabe
Dictator” runs
our House of “Representatives”
MAGA
kills GOP: Trump kills Reagan’s GOP
Christian nationalism can replace
democracy?
Presidential
Immunity “If we say a president can’t be included in a criminal law unless
explicitly named, then that would bar the Senate from convicting him for high
crimes or misdemeanors because that means that he’s
not subject to the law at all,” Sotomayor said.
Jan 2025 Dictator
pardons himself: his
Supremes agree
Trump’s
plans for America 2025-2028
@
Miracles that made our world
Our Universe is a
miracle
Light is both
a particle and a wave depending on how we look at the light.
I
don’t think that there is any such thing as a position or a velocity of a
particle.
Everything (galaxies
to stones) in universe made of subatomic
energy ‘vibrations’
A subatomic ‘particle’
is the smallest possible vibration (quantum) of a quantum field.
A ‘particle’ is an event;
not an objective thing. This event is set of complex relationships.
New theory may
finally unite
Einstein's gravity with the quantum world
Our Reality May Be a
Sum
of All Possible Realities
Mass–energy
equivalence: E=mc^2. At the smallest
level; Everything is moving
Energy into matter: scientists
converted light energy directly into matter in one step
In place of atomic
lattice, light
waves used to create an optical lattice with same geometry
Physics Nobel Prize:
“entanglement” 2
particles share info instantly at a distance
Quantum
mechanics violates local realism: two objects behave as single system at
distance
New
theory: no need for dark matter; dark energy: energy in universe due to erratic spacetime
“It may be that gravity and quantum mechanics are
exactly the same thing,” Leonard Susskind
Gravity
might induce the collapse of quantum vibrations into 1 quantum state—our
world
Strange state
of physics that allows energy
to flow frictionlessly through a material.
Bending light from
extreme gravity reveals largest black hole
so far
Curved
SpaceTime: heavy masses and simultaneously quantum effects become visible
There is no TIME at this
level because of force fields come and go in all directions.
Universe expanding: events
may not come together like they did before: created our time.
Our planetary
system: rarest
system: only 1% of all systems with same number of planets
dark
energy may have eroded over time: we’re seeing hints of dark energy
evolving
Stars fueled by the self-annihilation
of dark matter might have been spotted for the first time by JWST
Inside protons,
neutrons, it
is the fields of the virtual particles that creates its mass.
Gold
made from neutron stars: collisions produce more neutrons:79 protons,118
neutrons
The proton
is so complicated science still finds new energy entities/forces every
year.
“Empty space is a
boiling, bubbling brew of virtual
particles that pop in and out of existence in a time scale so short that you
can’t even measure them.” Space expanding.
New method to study systems
with long-range interactions: previously puzzling experts
The electricity we use comes
from the field around the wire not from electron itself.
Natural
‘missing law’ explain
how
universe evolved: functions increase in complexity over time
Scientists
build 'baby' wormhole as sci-fi moves closer to fact: inside quantum
computer
starts-with-a-bang/universe-expansion-not-accelerating/
Physicists knew black
holes eventually disappear particle by particle. Now they think everything
else does, too.
Astronomers
discover raw
materials for life are present all across the Universe: methyl cation
New
Astrophysical Models: Earth’s
Building Blocks Contained Water: metal oxides
IAN
973.746.2014
http://www.theinsidersguides.com/
Alerts available at http://dankeppel.blogspot.com/
No AI used in these comments
