Thursday , 28 March 2024

Tag Archives: Medicare

Americans Could Face a Possible 17% Increase in 2013 Federal Income Taxes + Additional Increases in State/Local/Property Taxes! Here's How to Avoid Some of It

...With the fiscal cliff on the horizon — more than $600 billion in spending cuts and tax increases coming January 2 — lawyer and certified public accountant Leon LaBrecque predicts in a Bankrate analysis that Americans could face a 17% increase in their 2013 federal income taxes, in addition to increases in state, local and property taxes and, if the nation slips into another recession, they’ll see a significant dent in their portfolios. [That being said, below are some suggestions on how to minimize such an impact by taking some evasive action before the beginning of the new year.] Words: 576

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The Cure to Our Unemployment & Declining Economic Conditions Are Staring Us Right in the Face – Here It Is (+2K Views)

The world has created another debt bubble and we've chosen to kick the can down the road just like Roosevelt did in the ‘30s, and Japan has been doing for the last 20 years. Also, just like in the ‘30s, we are going to get the same result which is persistently high unemployment and generally declining global economic conditions unless drastic steps are taken - and the cure to our problem is staring us right in the face. [ Let me explain.] Words: 760

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U.S. Fiscal Situation MUCH Worse Than Government Lets On!

I believe our fiscal situation is much worse than most people realize. True, the situation might be resolvable with a hard-nosed turnaround specialist in charge [Romney?] but, even here, the emphasis is on “might”! In a political context, where citizens have been conditioned to believe they are entitled to live at the expense of government (i.e other citizens because, after all, government has nothing that it first does not take from someone else), the situation is beyond hopeless. Let me address the true economic situation of the U.S. by way of an email I received from a regular reader recently. Words: 615

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How to Restore Fiscal Sanity to the USA (+2K Views)

Our government has grown too big, promised too much and waited too long to restructure. Our fiscal clock is ticking and time is not working in our favor. The Moment of Truth is rapidly approaching. We'll soon know whether Washington policymakers are up to the challenge and whether they will start focusing more of doing their job rather than just keeping their job and on focusing first on their country rather than their party. [To accomplished what is needed] the President and Congressional leaders from both political parties need to be at the table and everything must be on the table in order to achieve sustainable success. [Here's an outline of our country's predicament and how it might be resolved.] Words: 3110

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Groundwork Has Been Laid for Hyperinflation, Soaring Interest Rates and Exploding Gold and Silver Prices (+2K Views)

Increases in spending and liabilities along with decreases in foreign lending equals a recipe for disaster. So, where will the money come from? This is a job for the printing press. While we are certainly facing deflation in the near term and a very choppy market, the groundwork has been laid for hyperinflation, soaring interest rates and exploding gold and silver prices. Words: 945

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Many U. S. Debt Obligations are Unrecognized, Unmeasured, Unmanaged and Unfunded

When people find themselves in a situation where they feel they don't have a decent grip on the risks they face, or where a great deal of critical information is hidden from view, emotions can easily overwhelm rational decision-making. Is it so farfetched to think that a sudden loss of confidence in the United States' ability to manage its finances could evoke similar fears about just how large and widespread the fallout might be? Words: 1026

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How Safe Is Your Retirement Money from the Government’s Grasp? (+2K Views)

Hank Paulson, the Goldman Sachs bankster/US Treasury Secretary, who deregulated the financial system, caused a world crisis that wrecked the world financial system is writing in the New York Times urging that the mess he caused be fixed by taking away from working Americans the Social Security and Medicare for which they have paid in earmarked taxes all their working lives. Wall Street’s approach to the poor has always been to drive them deeper into the ground. Words: 777

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