We will never see Don's tax returns since he pays nothing

Trump tax situation more mysterious: no taxes paid in 1984 1978-79

Trump appealed tax rulings in the 1990s. His 1984 federal income tax return included a Schedule C, the form used by sole proprietors to report revenue. Trump listed no income on that form, yet he deducted $626,264 as expenses. He claimed a consulting business. His accountant denies preparing his 1984 return even though his signature is clear on the form. There were no receipts or documentation for expenses including his hair, jets, golfing and food. The judge wrote, “The problem at issue is not one of double taxation, but of no taxation.” We don’t know if Don ever paid taxes. In 2016 he takes on more debt as property values rise.

Avoid taxes legally by using your IRS tax-FREE account: https://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

What does Mike bring to Don’s party? Ann Coulter and I agree on 1 thing!

When Mike Pence was a young lawyer on the rise, he challenged a longtime Democratic congressman in a GOP-leaning district. And then, scandal. Campaign finance records from the 1990 effort showed that Pence, then 31, had been using political donations to pay the mortgage on his house, his personal credit card bill, groceries, golf tournament fees and car payments for his wife. It stunned voters — and undermined Pence’s strategy to portray the incumbent, Rep. Philip R. Sharp, as tainted by donations from special-interest political action committees. “It was a brazen act of hypocrisy,” opponents said. On 60 minutes Don said he ‘doesn’t care’.

Don must feel comfortable with Mike charging personal expenses to his work accounts, just like he does. Don promised NO outside group funding but now beholden to many. They pay his expenses to his firms. Don was for bank bailout and auto bailout. Whether they fund them or nationalize them, it doesn’t matter, but you have to keep the banks going.”

Stop subsidizing America’s tax avoiders: https://www.amazon.com/Americas-Socialism-for-Rich-little-people-pay/dp/1535218584

58 % of Americans are dissatisfied with their choices in the “election.” Corporations and wealthy donor class will pay over $6 billions to buy votes. Voters are split 50-50.

We CAN have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both. Louis Brandeis Supreme Court justice (1916-1938)

How can the wealthy double their share of income since 1980?

The upper middle class expanded from 13% of the population in 1979 to 30% in 2014, the Urban Institute found. Together, the upper middle class and the wealthy had 30% of all income in 1979 and 63% in 2014. In the same period, the middle class’s share of income declined from 46 percent to 26 percent. Biggest factor: Education. Even with degree, low income grads earns less. Income gap is passed down from generation to generation through marriage/affinity. Where do you stand? http://www.investopedia.com/ articles/personal-finance/011216/average-retirement-savings-age-2016.asp

Protect your future with a tax-FREE account: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

Is travel insurance right for you?

Despite terror events, “rates don’t fluctuate due to events,” Ms. Taft said. “Travel insurance rates are heavily regulated.” Policies are standardized so you can compare rates at consolidators like QuoteWright.com and Squaremouth.com or call an agent about which policy may best suit you. One agent said what determines whether you are covered is 1) when you bought coverage and 2) how exactly your travels were affected during a terrorist event. For instance, a road closure in the aftermath of an attack that causes you to miss your flight would likely be covered. On the other hand, if you cancel because of an event at your destination. “Traditionally insurance doesn’t cover fear,” the agent said. Use your judgment: you are more likely to die from a disease or lightning than from a terrorist attack. Millions travel without it.

Check your HEALTH policy: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Why do investors surge into stocks when the market hits new highs?

If you are a long term investor, why buy when stocks are making new highs? Wouldn’t it be better to buy when the stocks were on sale like in February so you would be up 16% by now? This is an example of why the Buffetts and Bogles tell us NOT to time the market. Wall Street “professionals” get excited about buying but their costs kill our earnings so now they sell indexes as stocks (ETF)s.  However, this can be a learning moment for us. If our advisor is telling us to buy stocks now, you could finally realize that advisors are sales people, not advisors. They want fees. (See p. 174 in https://docs.google.com/file/d/0ByXsRacEHnd5aTkyb2Z5eDMwT00/view)

It is not best for you to buy at news-cycle highs. An advisor with your best interests at heart is telling you to hold if you are a long term investor. Compounding only works if you reinvest dividends. Timing the market is for salesmen’s fees/commissions.

Get the best for less: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Where do you keep your cash? Home?

41% of millennials are keeping their “savings” at home, an Amex survey found, and more than half of “savers” have their cash squirreled away in a “secret” location. First, $100 hidden at home for emergencies makes sense. Second, ATMs are open 24/7. Third, Warren Buffett has said that the best place for your money is a low-cost stock index fund earning 10-12%. Obviously the survey is not talking “savings” since cash at home is NOT earning anything but negative consequences. If cash is sitting around it will get used or shrink (inflation) or lost NOT saved. Some banks or credit unions pay interest on checking. http://www.bankrate.com/finance/checking/high-yield-checking-a-good-bet-1.aspx

Your money is used for 3 things: https://www.amazon.com/Personal-Finance-Smarties-Not-Dummies-ebook/dp/B007SAPM1C#nav-subnav

Where can you receive unbiased advice?

Any person who gives financial advice in your particular situation must be licensed. If they receive any compensation, they should tell you how and how much. You can’t judge the validity of information unless you know their biases. For instance, Warren Buffett has said that the best place for your money is a “low-cost stock index fund” earning 10-12%. If we are scared of losing money, the last place to find help is a salesman. Their job is to make money for their firm and themselves. Many studies have shown that advisors do worse than monkeys at stock picking and the advisor total costs of 2-3% can reduce your total earnings by 63%. You must pay for unbiased advice either by doing your research or paying someone a fee NOT tied to the outcome. The very wealthy have people on a fixed fee like a retained lawyer. You can pay $500 - $5,000 once for a fiduciary like the fee-only advisors at https://www.napfa.org/. Since you’re going to need unbiased advice for the rest of your life, it makes sense to learn how to handle your money yourself. Why give it to Fidelity, Morgan, Citi, or Schwab whose profit margin is 39%! Wow 39%!

Only you know your needs: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275

GOP religion bill makes discrimination legal

Rep. Jason Chaffetz, R-Utah, thinks the "First Amendment Defense Act" will protect the rights of religious institutions since same-sex marriage legalized. Pro: Religious institutions could NOT lose tax-exempt status if they oppose same-sex people. Con: It legalizes discrimination against gays, lesbians and transgender individuals. It would prohibit the feds from taking any action against any person who, "acts in accordance with a religious belief or moral conviction that marriage is or should be recognized as the union of one man and one woman, or that sexual relations are properly reserved to such a marriage." Means NO SEX outside marriage despite GOP convention cheers for PayPal!

Feds could do nothing if people discriminate against others. It couldn’t revoke the tax-exempt status of nonprofit institutions such as religious schools or colleges run by such individuals; disallowing federal tax deductions for contributions made to such organizations; or denying anyone a federal contract, grant, loan, license or other benefit simply because that person, or an institution run by that person, discriminates against certain people for sex, race, creed, color, etc.

So feds could NOT sanction person that discriminates against people they think are gay or have sex with non-spouses—basically anyone that person/institution doesn’t like.

CURRENT LAW: 1964 civil rights act said you can’t discriminate against people you don’t like “based on race, gender, religion or national origin.”  

Impossible now possible

Scientists have created a hologram of a solitary particle of light. Impossible they all thought. It was impossible because photons act as a wave and a particle at the same time. Using two other photons which create interference, the structure of another appears. Eventually they hope to make things on the quantum level—‘universe in a marble’—level. Quantum action can happen faster than light travels: Einstein said “spooky.”

Don: I do “not need to read extensively because I reach the right decisions “with very             little knowledge other than the knowledge I [already] had, plus ‘common sense’

            I have made $1.4 million from running for pres so far—not bad for a ‘faker’.

            Christie threw my claim ticket at me: “You can pick up your own damn dry cleaning.”

               “I am no beholden to any group” except $25 million at June events but voters                don’t care that I will be beholden to groups and run by old Dole operatives.

               You will never see my tax returns—I pay nothing—and press will blast me.

               Perhaps U.S. shouldn't come to the defense of its NATO allies if they are attacked

               “Believe me,” he repeated again and again, “I alone can fix it.”

“At our convention, there will be no lies,” but we just heard one!

           

Mike: I am here to make conservative religious feel good while Don does his thing.

            ‘Do you think Don went too far [in insulting McCain]?’” Trump jumped in: "You             could say yes... That's okay. That one, you could say, 'yes.'" Bully tells him ‘OK.’

            I just said US support allies but Don said we might NOT support allies.

Hill:    I will start amendment to reverse unlimited corporate election funds—back to US.

            I will delay testifying in lawsuit brought by the conservative group Judicial Watch

            Ben says Satan—GOP has finally hit bottom. It is so sad. GOP wants to kill me?

            Did Don just declare “war” on all things Obama? Is this anarchy or Satanism?

            Did Don just tell Putin he could take Estonia and NATO meaningless?

Mel: I did not plagiarized a Michelle Obama speech at GOP Ghostwriter ‘team’ did it:             Meredith McIver, former ballet dancer, ghostwriter of Think like Billionaire

            Mel’s “speech got more publicity than any in the history..” That’s what counts! 

Regulators are the only protection we have since we can’t sue anymore

            “It is nearly impossible for one individual to take on a corporation with vast resources.” (GOP bill requires impossible: every person in class action suffer “same type and scope of injury”)

               Supremes stop us from suing—State courts no longer available to sue corporations!

. RiverFront Investment, VA, fined for charging wrap fee plus fees covered in wrap.

.Finally police call for BAN on open carry in OH—AR guns kill people, many people

.States where you don’t need license—roam free and shoot—“I felt threatened” is code.

.NC law restricts minorities and poor from voting—up to 29,000 DEMs.

.Trump’s ghostwriter on “The Art of the Deal” says he feels “a deep sense of remorse.” I created a monster—even Don believes my myth of him as the great dealmaker. Sued

.Trump sanctioned twice for racism: “the guy is lazy. And it’s probably not his fault because laziness is a trait in blacks.” In ‘89, he called blacks and latinos, “roving bands of wild criminals.” 

.Fiat Jeep caught inflating sales numbers to get bonus/stock price up

.Share of workers who telecommute has grown from 19% in 2003 to 24% last year.

.Prudential sales assistant caught taking money from senior’s annuity account

.Goldman caught helping divert Malaysian funds to Malaysian leaders; GS fee $600,000.

.GM forced by regulators (NOT believe defect) to recall 4.3 million Takata air bags.

We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own

When everyone has guns; your chance of being killed goes up. Police want gun control. They don’t know who to shoot. Shot a psych worker with his hands up while on ground.  

SCAMS

Mick Jagger, 72, announced that he is expecting his eighth child with his 29 year old gf. 

Disney tells employees to lie about alligator sightings—“never saw them, kid not killed?”

Christie lies to GOP spenders re: Trump never gave donation to Hur. Sandy fund—never.

VW cheating code made to cover up Audi fix (fuel) for diesel clattering noise at idle.

Ignoramus Award:  26-year-old PA man caught getting high on stolen human brain. 

How our government wastes our money

Throw money at unknown unknowns https://www.youtube.com/watch?v=GiPe1OiKQuk

Who owns your account now?

Fox News exec Roger Ailes will leave and not be defended as predator but with $40 mil

All beer—same kettle: SABMiller  to Anheuser-Busch InBev

Insurers of Olympics say not cover every type of loss related to Zika in Rio. Call agent

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Buffett: Where to put your money now

Where does Warren Buffett advise you to put your money now?

Warren Buffett has been clear about what we should do when the market goes down. He has explained how to be a successful investor. His advice was easy to follow and we don’t need a broker to execute his strategy. His advice saves us giving away up to 63% of our possible nest egg. We can earn over 10% a year.

Let Warren be your advisor: http://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

Corporations change earnings to lower their taxes—we get the bill

Study finds that cooking the books is contagious and CEOs mimic other cheaters to keep their bonuses. Study show that a ‘little’ cheating is copied by other CEOs. It is hard for working Americans to pull off “revenue manipulation, expense account fudging, loans for 1% and massaging of inventory, assets or restructuring accounts.” Only 507 violations of the federal securities laws in fiscal 2015 were posted by the SEC. “The more important issue is to stop the thousands of others.” Regulation only halts cheating temporarily so we eventually pay their taxes now or as deficits later. Corporations are NOT people.

Avoid their taxes—Pay your fair share: http://www.amazon.com/The-Tax-Shelter-Young-Americans/dp/1500426520

Do you manage your investments like an NFL quarterback?

Sports Illustrated estimated that 60 percent of N.B.A. players endured bankruptcy or dire financial straits in retirement. Unfortunately, most athletes and working Americans don’t know a thing about managing their money. Wall Street has destroyed any move to teach us financial literacy, claiming we must pay “professionals” (read salesmen) to do it. And we do. But results are poor. Most of us, like millionaire athletes, lose HALF of our potential earnings to middlemen. Keep all your earnings.

You don’t need a pimp: http://www.amazon.com/The-Pimps-Wall-Street-middlemen/dp/151525254X

Did your broker receive trips to Tahiti for selling you that annuity?

Yes, insurers make a lot of money from your annuity money. To compete, they must give your advisor an incentive. There are few good deals from your point of view and many good deals from their view. There are no refunds if the advisor promises are broken.

Consider the alternatives:  http://www.amazon.com/The-Best-Annuity-Strategy-Income/dp/1497532019

GOP tax cuts spell doom for Kansas

KS GOP legislature must reduce spending and borrow again because promised benefits from the decrease in taxes haven’t happended. "The income-tax cuts passed in 2012 and ’13 were way too steep and way too quick," said Senator Jeff Longbine, a Republican from Emporia. "The revenue continues to decline and we have to do something."

KS encapsulates a broader ideological debate over the influence that tax cuts have on economic performance. Republican presidential candidates have each endorsed federal tax reductions in the belief that they will spur investment. Tax cuts don’t spur investment because wealthy send their money elsewhere to earn more and buy our President.

Does our President need to be smart?

Trump: “I’m smart. I make deals with China. I can deport 11 million.” Cost “unknown”

            Polls aren’t “very scientific:” I dropped in some polls. “I don’t get it.” But “I am a             great Christian.” Hannity assures us Trump has great taste in ties.

Dr Ben: “I cut 2 kids’ heads. I can end Medicare, Medicaid” Evolution is “fairy tale.”

            “America must resist gun control: Nazi Germany is US model”—talk raises polls

            Snake oil firm pays me, yes, but no ‘relationshp.’

Cruz: We don’t need gov employees—why pay Social Security, Vets, others? New tax of             16% on everything we buy shifts taxes to poor: Rich would pay 10% not 26.5%.

Jeb: I can overhaul (cut) Social Security and Medicare (vouchers) and lower taxes for             rich while increasing military spending and pollution like my bro.

Kasich: GOP candidates are promising crazy things voters will never vote for. DEM?

Rubio: Of course I’m not there to vote—there is nothing to vote on.

Christie: “I’m glad I don’t read the NY Times.” Bridgegate is boring.

GOP: Benghazi committee cost us over $4.5 million but Clinton polls UP

Is Long-term care insurance right for you?

More than one-third of LTC insurance policyholders who buy policies at age 65 or older let their coverage, says Boston College CRR. The study concludes that individuals most likely to let a policy lapse are those who need the coverage most -- those with cognitive impairment and might soon need care, or those with low income and wealth, who would be in financial jeopardy in a medical crisis. Buyers may have to pay premiums for 30 years; paying over $120,000 ($2000 each) and never get to use coverage for only 2 years after 3 month waiting period. Not right for most people. 

Better options: http://www.amazon.com/Long-term-Care-Insurance-Updated-Edition/dp/148274001X

We need regulation bec/ people don’t always use golden rule -- GOP is wrong

Fidelity caught using unlicensed advisors! We pay but don’t get licensed and we are not             allowed to sue a Wall Street firm. BrokerCheck has no data. Perfect scam.

Welfare for Rich—Rich get 1% loan but poor pay 8% for college ed loans with no jobs.

Police can’t throw black students across the room after banging head on floor, anymore.

SNAAC, auto lender to servicemembers stopped for illegal debt collection practices. 

Corinthian Colleges caught promising jobs, giving loans, and illegal debt collections.

Employee background-check firms caught ruining chance for job and reputational harm.

Student Financial Resource Ctr and College Financial Adv. caught misleading on loans. 

GOP changes mind on climate change after their Merlot fails?

Bordeaux wine growers hit by record heat face changing variety of grapes—using Portuguese varieties instead. Agnes Destrac’s shriveled merlot grapes are left to rot.

Scalia: Supreme Court responsible for ‘destruction of our democratic system'

Scalia thinks giving people the right to marry whoever they want is destroying democracy but doesn’t see that letting billionaires and foreign countries buy our elected officials is really destroying our democracy.

Is your new car on the least reliable list?

least-reliable-new-cars-says-consumer-reports.

http://www.cheatsheet.com/automobiles/5-least-reliable-new-cars-says-consumer-reports.html/?a=viewall

SCAMS

Wall Street self-regulator covers up bad broker activity still

FINRA has failed to live up to its promise that the settlements would not be removed from BrokerCheck unless they have little investor protection value.

IRS says scammers now use official address and letterhead via mail

Some schemes provide an actual IRS address where they tell the victim to mail a receipt for the payment they make. Others use emails that contain a fake IRS document with a phone number or an email address for a reply. These scams often use official IRS letterhead in emails or regular mail that they send to their victims. They try these ploys to make the ruse look official. Confirm legit by sending copy to: Internal Revenue Service Lead Development Center Stop MS5040 24000 Avila Road Laguna Niguel, California 92677-3405 or Fax: (877) 477-9135           

Chubb shareholders opposed an $80 million golden parachute payment for CEO John Finnegan, who struck a deal to sell the insurer to Ace Ltd.

GM recalls cars for THIRD time for fire

For third time in seven years, General Motors is recalling cars that can leak oil and catch fire, in some instances damaging garages and homes. The recall, which covers 1.4 million vehicles dating to the 1997 model year, is needed because repairs from the first two recalls didn't work. More than 1,300 cars caught fire after they were fixed by dealers, the company said.

Fidelity caught using unlicensed advisors!

Massachusetts has charged Fidelity with knowingly allowing unregistered individuals to act as investment advisors for Fidelity customers.

HOW CONGRESS WASTES OUR TAX DOLLARS

House Benghazi committee cost us more than $4.5 million to make Clinton drop

“We must guard against the militaryindustrial complex.” 1960, Pres Dwight Eisenhower.

Defense spending has DOUBLED in 14 years.

Since 2001, the base defense budget has soared from $287 billion to $530 billion — and             that's NOT counting the Iraq and Afghanistan wars, ISIL, Ukraine, Cameroon. 

US knew US would fail in Vietnam in 1965 but still 1.3 million dead, Kissinger diary.

America needs to take care of American’s needs FIRST!

Rebuild America Act: a five-year plan would invest $1 trillion and create or maintain at least 13 million decent-paying jobs—Senate Budget Committee but GOP says no.

Will GOP use taxes to move Alaska town due to global warming they don’t accept?

We are still wasting $8 million per HOUR we don’t have in Syria/Iraq/Afgan/            Ukraine/Cameroon. Obama keeps 9,800 in Afghanistan        

            Taliban captures Kunduz, Afghans run. We bomb hospital instead.

We bombed and killed our own Doctors without Borders hospital staff 10/2/15

            US kept bombing ½ hour AFTER told Americans hit!  War crimes?

            We pay bonus for kills – no wonder the world hates us!

             Saudi’s just bombed Doctors Without Borders hospital even with GPS

We trained and equipped ISIS leadership—US sells arms to all sides for profit

We are sending “several dozen special operations forces into Syria.” Just like Vietnam.

We are supporting child abuse by Afghan leaders by giving them arms/money.

100,000 our military in Germany and Japan….still. Why? Costs us $200 billion.

Residents of Okinawa object to tens of thousands of U.S. troops and another base there.

Who owns your account now?
Principal shut hedge fund Liongate after fee-conscious investors withdrew too much money from its funds. Investors dislike extra fees for poor performance.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Corporations buy candidates but evade taxes by "living" overseas

Corporations pay taxes only when they want to! “corporations are people, my friend?”
Mr Romney was wrong. Corporations are NOT people. When you earn money overseas on your mutual funds, you must pay tax then. Not so for most large corporations. They are hiding $2,096,644,000,000 profits outside America so they don’t have to pay their share of armed services that guard their assets, facilities, employees and money. The buy our reps but we pay for millions of service people in 150 bases around the world to protect them and they won’t pay their fair share. Now we can do the same.

Pay your fair share: http://www.amazon.com/Tax-Free-Living-2012-strategies-build/dp/1477452702

Another waste of our money

We spent $½ Billion to train FIVE 5 fighters in Syria—US has trainers in Syria

General Lloyd Austin, that the U.S. plan to train thousands of Syrian opposition soldiers has cost half a billion dollars and results in "4 or 5" trained people on the battlefield. 

We could have fixed 10,000 bridges employing thousands of Americans.

How much retirement money are you giving away?

Most people think their plan costs nothing. Advisors hide fees so we won’t baulk at giving away up to 63% of our potential income for life. Average savers give up $200,000. Average advisor investor earned just 3.79% while index investor earned 11%. We will need that extra cash as we are living longer and prices double every 25 years.

https://www.brightscope.com/ rates your retirement plan based on fees and services.  

https://www.feex.com analyzes the fees associated with specific IRA and 401(k) portfolios. https://investorjunkie.com/39312/feex-review/ explains how many different fees you are paying. Total average fund costs: 3-4% for 30-40 years=$200,000+.

STOP giving away your future: http://www.amazon.com/Keep-More-What-Earn-Diversification/dp/1479293474

Another Tax Evader—Etsy—just moved its tax address offshore

By incorporating in Ireland, Etsy joins other corporate offshore tax-avoiders like Apple, Google, and Microsoft. U.S. corporations already cost us around $90 billion in tax revenue each year by hiding their profits in overseas tax havens. This is money that should be going to our schools, roads, and programs to help our families.

Now you can use your legal tax haven too: http://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

Do you earn up to 70% LESS than other employees in your job?

Unless you are a store clerk or health practitioner, you probably are. Even CEOs of major corporations are paid 70% less than their peers. So how will you save enough for retirement? First, max out your 401k or Roth 401k if you receive a match. If no match, start your own Roth IRA with low-cost trustees like Vanguard, Schwab or Fidelity. Third, use low-cost advisor-beating index funds. You don’t give up 63% of your potential to fees and you pay no income taxes later. You can always get your contributions back free.

Check it: http://www.amazon.com/The-Tax-Shelter-Young-Americans/dp/1500426520

Exxon study showed mankind is raising global temp—strategy to deny formed in 1980.

In the decades that followed [global warming confirmation in 1977], Exxon worked instead at the forefront of climate denial. It put its muscle behind efforts to manufacture doubt about the reality of global warming its own scientists had once confirmed. It lobbied to block federal and international action to control greenhouse gas emissions. It helped to erect a vast edifice of misinformation that stands to this day.

Our next president?   Jeb still leading in the race (for dollars)

Trump to “look into” Muslim training camps in US and Obama is not American again?             Said he is not obligated to correct audience “crazies;” McCain did!

Jeb claims he kept Trump gambling out of FL—Trump denied but tried with politicos

Carson wants to cancel the VA to save money—Vets protest

            Carson wants religious test for president elect—“only my religion” is OK.

Fiorina lies: HP sold millions of computer hardware to IRAN despite ban on US sales.

Christie’s militia: “It’s like the mob,” said Brian Scully, a lieutenant who served.

Boehner has had enough of the blackmail shutdowns and war on women.

Clinton forgot you can’t really “delete”: FBI recovered Clinton's “deleted” emails.

Warren: since 1980, the top 10% of Americans took 100% of our income growth.

            Is Liz Warren running for VP to Biden?

In case you think Gold is your best alternative to stock market anxiety …

Gold just hit a 5 year LOW. Gold is a commodity. It does not grow like stocks of profitable companies. Over time, gold will not make you rich. It lost 12% while stocks gained 75% since 2010. Gold mining companies are down 73%. Historically, stocks averaged 10% a year while gold maintains parity with inflation at 3% since 1800. Gold is a defense during inflationary times.

Use Buffett’s strategy: http://www.amazon.com/The-Warren-Buffett-Millionaire-snoring/dp/1508887381

Supremes boycott their spiritual advisor because ….?

Pope asks Congress to act for poor and immigrants. Supremes Scalia, Alito and Thomas, the conservative Catholics, snubbed their supreme advisor (a once in life opportunity). Shame. Do they burn Bibles: Jesus Sermon on Mount too much?

Ideology trumps civil respect! What will they say when St Peter asks them why?

31% of middle-age Americans supports an adult child living beyond means

Paying rent, Uber cars, lattes, kale salads on $30,000 salary is not possible without help. Pizza is just not good enough to keep up appearances. Parents are giving up their retirement dollars to pay for a child’s lifestyle choices.

Take the bargains you deserve: http://www.amazon.com/The-Financial-Bargain-Book-Save/dp/1517264936

SCAMS

We are still wasting $8 million per HOUR we don’t have in Iraq/Afghan/Ukraine.

America needs to take care of American’s needs FIRST!

Rebuild America Act: a five-year plan would invest $1 trillion and create or maintain at least 13 million decent-paying jobs—Senate Budget Committee but GOP says no.

We trained and equipped ISIS leadership—US arms fighters on all sides for profit

Residents of Okinawa object to tens of thousands of U.S. troops and military sitting there

We are supporting child abuse by Afghan leaders by giving them money.

We waste $2.7 Billion for a blimp warning system that does not work—funded 17 years

Pentagon has spent $2.7 billion developing a system of giant radar-equipped blimps to provide an early warning if the country were ever attacked with cruise missiles, drones or other low-flying weapons. In April, a Florida postal worker flew a single-seat, rotary-wing aircraft into the heart of the nation’s capital to dramatize his demand for campaign finance reform. NO WARNING SYSTEM FAILED! He could have bombed Congress.

Responsible managers DO NOT even get indicted!

General Motors' $900 million plea deal with the U.S. government after the automaker concealed a deadly ignition-switch defect linked to the deaths of 124 people has rekindled a debate over how tough federal prosecutors should be when fighting corporate wrongdoing. Proof of 2^nd murder: Exbt C, p 5: “Before the Defective switch went into production in 2002, certain GM engineers knew that it was prone to movement out of the Run position…” “Engineer in charge approved it anyway.”  In 2004 customers experienced “sudden engine shutoffs.” GM decided not to recall due to “cost [$0.57] and other factors.” “GM even rejected simple improvement …” Define 2^nd degree murder “a killing caused by dangerous conduct and the offender's obvious lack of concern for human life.” Adolf Eichmann “we were just following orders.”

“Corporations are people, my friend” except when they kill or avoid taxes.

VW cheated on emission tests and we wasted $51 million

The federal government paid $51 million in subsidies for "clean" VW vehicles, according to a Times analysis. The German automaker used software in 482,000 of its diesel vehicles since the 2009 model year to cheat on U.S. emissions tests.

Bankers' discrimination has no jail time for bankers

Hudson City’s redlining practices illegally cut off opportunities for consumers in predominantly Black and Hispanic neighborhoods, according to regulators.

China hacks US by using innocent emails we open

Researchers say they found the key to China hackers stealing military secrets: use innocent looking emails that gov workers open. Too much time on their hands?

Fretz and Freeman get away with fraud—No Jail Time

William B. Fretz Jr. and John “Jack” P. Freeman, Philadelphia, orchestrated the fraud through their unregistered advisor, Covenant Capital selling partnership shares worth nothing. They were not indicted.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts