Americans With Financial Assets Face Tax Risk

Photo credit I Want Your Money movie

To most people, the words financial confiscation seem mystical, or what you might read about in a book.  But if have have ever spoken to someone who remembers the gold confiscation, you will quickly understand how our government can operate. Most economists would agree that keeping total public debt-to-GDP levels below 60% is manageable and […]

Federal Government Unlocks New Highway Tax

Stealing Freedom

In another aim at transferring more money from Americans to the Federal Government, inside the GROW AMERICA Act, the White House’s $302 billion transportation bill is a law to allow the states to charge tolls for Federally funded roads.  This is double taxation as the Federal Government and state governments already collect a gasoline tax.   For […]

New Normal For Retirement Investing A Rigged Market

New York Stock Exchange

The Financial Crisis, Bernie Madoff, Mortgage Meltdown, and the list goes on and on.  After all of that you would think that the 401k system of America might get a little better? According to USA Today, the Securities and Exchange Commission is now investigating the New York Stock Exchange.  During the period 2008 to 2012 […]

Public Retirement Plans Uncertain

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As if American retirees need another risk to worry about but now a research organization is forecasting that up to 85 percent of all public pension plans could fail in the next 30 years.  If you are like most retiree’s, your pension is your Freedom and your key to sustaining your life until the end. […]

Government Planning Attack on 401k IRA ERISA Savings

Obama Coming After 401k IRA Svings

If you own retirement assets like IRAs, 401ks or other plans that fall under ERISA, beware.  At this moment the government is putting together a plan to expedite the transfer of those savings from you to them.  There is no question THEY want the money, and are looking for every way to get it without […]