My life has been to seek the Absolute Truth of God; to help others find the real purpose of their lives... Attempt to make this or where ever I am; better for my having been there! Amen!
11 September 2011
04 September 2011
More isn't always necessary!
More isn’t enough!
Saturday 3 rd September , 2011
By kerminatorIf we look at where most of the worlds, problems and grief come from, one emotion would be paramount; the want for more! It drives business, advertising, government, sports, politics, and even our everyday life!
The desire for improvement is built into our physic-nature by God when we were born… It was designed to allow us to seek better things in our life! The problem comes when we become Greedy and driven by the desires to have even More!
This all started Adam & Eve in the Garden of Eden; when they listened to the Devil, tell them that what they needed was more, and they fell for it! But more what?
What could the Devil promise them or get for them? They lived in Paradise, perfect weather, no storms, just right temperature, food available for the taking as much as they wanted… Did not have to worry about cloths or shoes, or money, or riches, or houses, or any of the stuff we worry about or deal with! There were not any of those things that impact our life today!
They did not have sin to deal with, because there was no one to commit sexual sin with, or to steal from, or to gossip about! There was no disease, or natural catastrophe! i.e. they had everything they needed!
So how did the Devil temp them into wanting more?
With a lie! All the Devil could offer was the lie that they needed to disobey God and eat from the “Tree of Knowledge of Good & Evil” There was this desire for more when they actually had everything needed for a perfect life… They existed in almost a state of innocence as children, yet they had the ability and freedom to choose!
They were offered more! They were told that to eat of the tree, would not cause death {a major lie} and they would be like unto God, with knowledge of right and wrong! What they did not realize was that what they were far better off before they before eating the apple or the disobedience to God!
Thus by believing a lie from Satan {the Father of lies} they entered into this present human existence full of woes! All of this happened because of the choice to believe a lie and seek gain more!
This has been the story of humanity throughout history, the drive to get more… Greed! Which causes people when left without any boundaries or limits toward wars, disease, suffering, pain, grief and countless misery!
All because of the desire for more without any consideration for the consequences! More is not enough! Find The Faith of God in your life!
23 August 2011
Save the US economy
When Mitt Romney said “corporations are people,” the Leftist Democrat Dominionists went crazy. How could he make such an absurd statement? How can an impersonal gigantic corporation be a person? For the simple reason that a corporation is “group of people authorized to act as a single entity (legally a person) and recognized as such in law.”
Not only are those on the Left out of touch with the Constitution, they are completely ignorant of economics and the way a business operates.
Corporations are owned by lots of individuals. If you are invested in a mutual fund, then you are a part owner in a number of corporations. The corporation acts as a single person in all legal transactions, but it is potentially owned by millions of people in the form of stock.
When Leftist Democrat Dominionists want corporations to pay more taxes, they foolishly are asking the government to raise their own taxes because corporations don’t pay any taxes. Taxes are considered an expense similar to what a company pays for utilities, fuel, raw materials, research and development, travel, and everything else it spends to do business. Every expense is calculated and added to the price of the things a corporation sells. Anyone who buys what a corporation sells is indirectly paying the corporation’s tax bill and all its other expenses, including the salaries of its employees.
To show you that liberals don’t understand any of this, read the following:
Further proving that [Rick Perry] cares more about corporations than people, and that he believes in the foolish theory of ‘trickle-down’ economics, Texas Governor Rick Perry went on record today saying that a 35% tax rate on corporations (which most of them don’t even pay) is too high, and that we should lower it to zero percent in order to get them to start creating jobs.
If the nut job who wrote this is invested in any large business, he is asking the government to raise his taxes. It’s true that General Electric did not pay any corporate taxes last year, but it’s an exception. In the end, however, the people who own GE stock and those who purchase GE products are the beneficiaries.If the corporate tax were eliminated, prices for nearly everything would drop. A liberal, however, would argue that the corporations would only keep the windfall for themselves. With the tax rate down for all corporations, companies would still be in a competitive market place. With lower costs, some companies would begin to lower prices in order to get an advantage over bigger competitors. This would force competitors to lower their prices in order not to lose market share.
The above critic of Perry’s zero corporate tax rate policy added this: “Somalia has a zero percent tax rate AND no government. How’s that working out for them?” Here are the facts on Somalia’s tax rates:
Direct taxes are imposed on income and profits, when officials can collect them. In 1986, tax rates on wages and salaries ranged from 0% to 18.9%. Income from trade and the professions was taxed at rates of up to 35%. Indirect taxes are imposed on imports, exports, mortgages, vehicle registration, sugar, alcohol, and a number of other goods and services. In 2003, Somolia’s sales tax rate was 10%.
Somalia has been involved in a civil war since 1991. It’s one of the most violent nations in the world. Prior to its current dismal state, Somalia was ruled by Communists and later by something called the Somali Revolutionary Socialist Party (SRSP), a one-party government based on “scientific socialism,” kind of what liberals want for the United States.President Obama wants another “stimulus” for his already failed first shovel-ready project. By permanently eliminating the corporate tax would, there would be an immediate impact on the economy, the stock market would sky rocket, and the dollar would rebound. But if this happened, then thee wouldn’t be a need for so much government, and this is one thing Democrats can’t allow.
12 August 2011
Bond Servant
Submissive!
Friday 12 th August , 2011
By kerminatorSubmissive:
means to show faith and trust in the person (s) you are submissive to!
It is an accepted position which is done in reverence and love!
Unfortunately it has been a means for those who tend to be controllers or think they are in control to exert their will on others… This is not and was never the real purpose for personal submission!
The best we can hope to be here on this earth is to be considered “Good and Faithful Servants”; as found in the Book of Life, in the last day when we stand before the judgement seat of Christ! ** There is more to be discussed on this aspect of the judgement seat, which will be covered in another blog!
Many people have the wrong view of God as a “Big Boss’, which He is not! Almighty God has given each of us a free agency with which to choose what we will do or not! So many have been erroneously taught that God is a over bearing Boss… Which is totally false!
Most religions {BTW:Religions were invented by men, not God} teach of a overbearing controlling God, who watches your every action! They try to blame God for everything, saying “Why did God let this happen?”
We each were given a free agency and a God given intelligence to decide what we will do! Therefore when these things that happen in our lives, you will notice that what it was is the result of a person’s decision or choice! Now I know no one wants to take responsibility or credit for the screw ups in life, never the less except for a few natural disasters or accidents, we are at fault!
Therefore God is not a “Big Boss Buddy” who micromanages every bodies life; rather He allows us to fail our-self! Yes, you have the freedom to fail! Bet you have not heard that before?
If God micromanaged every one’s life, then He would not need any Judgment Bar since He would have perfect trained robots, who did His every want and will.. HUH!
So when you get around to blaming God for whatever just remember it ain’t His Fault! He did not do it, either we or you did! Sorry to bust your bubble, but the blame game will not work in Heaven!
Therefore when you elect to become submissive to God, you do so by choice and that is by Faith, and Trust! Which is what He really wants from us {you}!
Can you get this through your skull? Forget your religious teaching!
Submissiveness is actually an allegiance or homage in the form of a loving trust and election or choice! It is not about any Master – Slave thing!
It is a act of love and concern; based upon the desire of a person to submit and become a “Bond Servant“! So if and when you are submissive toward another person is is out of Faith, Hope and Charity (Love); only!
Read and study the role of a “Bond Servant in Ancient Israel; then just maybe you will see the dedication plus the Love, Faith and Trust! The prime example of a true Friend / neighbor!
There is no deeper love or devotion here on earth!
Read:
Deuteronomy 15: 15 thru 18 & Psalm 40: 6 – 8 NKJV!
** If you need more help reply, your devoted servant!
10 August 2011
Cost of doing Busisiness in Washington DC
What does it cost the federal Gov't to do business?
Daily Policy Digest
Government Issues
August 10, 2011Using Price Theory to Reform Overregulated America
In 1787, there were four federal crimes. Now there are over 4,000. The Code of Federal Regulations runs over 157,000 pages. America is overlawyered and overregulated, and the economy is suffering for it, say Ryan Young and Jacqueline Otto of the Competitive Enterprise Institute.Congressmen from both parties recognize this. But reform eludes them. Economics has just the tool for identifying such reforms: price theory. Price theory says when something is cheap, it tends to be abundant. But when that something becomes expensive, demand goes down.
- Right now, the "price" of passing a law or regulation is relatively cheap, but the "price" of repealing a law is steep.
- In an average year, Congress will pass about 200 bills and agencies will enact over 3,500 regulations, and each one is viewed as an accomplishment to be touted in front of cameras and microphones.
- Repeal is much more politically expensive -- almost every program and regulation has its vocal defenders.
Short of that, the House and Senate could establish repeal committees. These committees would be unable to pass laws and regulations, only to repeal them. Another option is to add an automatic sunset provision to all new regulations -- meaning that they would expire after, say, five years unless specifically reauthorized by Congress.
If Congress and agencies want to pass more sweeping new regulations, the political price they pay should be in line with the economic price that we all pay for them, say Young and Otto.
Source: Ryan Young and Jacqueline Otto, "The Big Repeal," American Spectator, August 9, 2011.
For text:
http://spectator.org/archives/2011/08/09/the-big-repeal#
For more on Government Issues:
http://www.ncpa.org/sub/dpd/index.php?Article_Category=33
08 August 2011
The truth is there if you care to read it
Something you may want to know; this is from facebook:
www.thenation.com
www.thenation.com
Mr. President, this is a pivotal moment in the history of our country. In the coming days and weeks, decisions will be made about our national budget that will impact the lives of virtually every American in this country for decades to come.
- Kermit via TerriThis corollary is true because first there are not enough either "Rich' and or working (Actual tax paying) citizens to pay our present debt load! Just like the much of the PC "Hog Wash" coming out of Washington; it is based upon a false and flawed principle; that you can get something from nothing! No matter how many laws you pass or how much Mass Media time you spend attempting to change the facts! Facts is facts
19 July 2011
Free Energy
Free Energy Freedom – Our Power, Our Future
Supporting the emergence of the myriad of game-changing, free energy technologies is a proactive way to help bring about a better world with more freedom and defeat the forces of tyranny that seek to bring about the collapse of free society into a world dictatorship.This story was composed for Rense.com to be used in conjunction with an interview I will be doing tonight, June 3 with Jeff Rense from 9-10 pm Pacific.
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by Sterling D. Allan and Hank Mills
Pure Energy Systems News
As the U.S. and world economies are in process of going into meltdown, good news is hard to find. In the seemingly bleak world in which we live, nations fight amongst each other instead of cooperating to prepare for the future, the Earth's resources are looted for temporary gain, and the powers that be continually plot to restrict our liberties. Turning on the television or going online, it is impossible to avoid hearing of tragic and infuriating events. Oil spills, tornadoes, nuclear meltdowns, molestations of children officially sanctioned by the Department of Homeland Security, and trillion dollar budget deficits can make one feel overwhelmed.
But in the alternative energy sector, there is a healthy dose of good news, as several game changing technologies are in process of emerging into the marketplace. They do not simply offer minor evolutionary improvements in current technologies, but breakthroughs that hold the potential to fundamentally change our civilization for the better. Your support of these technologies is a very empowering act of revolution. By demanding these technologies be utilized for the good of mankind, you disempower the corrupt powers that be, and empower the individual.
Gerald Celente is on record as having predicted that one of the things that could prevent a total meltdown of society would be the arrival of breakthrough energy -- not incremental improvements on things like solar or wind, but something entirely new that makes distributed energy reliable and affordable. Such energy technologies are not pipe dreams, but realities that are on the verge of entering the marketplace.
The arrival of the technology itself can be empowering, but the associated jobs it creates can have an even greater effect on casting a safety net under an economy that is going into freefall. And even more than that, the hope that this arrival instills can have an emotionally empowering effect, diffusing the stress and anxiety that is otherwise so rampant. Just knowing that there is a solution emerging can make all the difference.
If one only follows the reports of the controlled and manipulated "mainstream" media, there are no true energy solutions on the horizon. According to CNN, Fox News, ABC, and the other networks, the most we can hope for are incremental improvements in existing technologies. Their lack of reporting leads the masses to think we are doomed to keep burning fossil fuels for decades to come. This is the exact opposite of the truth, and the powers that be know it! It benefits them to keep the population ignorant, because it allows them to maintain the status quo. They do not want the people of the world to realize solutions that could liberate mankind exist, have existed for decades, and finally are in the last stages of breaking through the barriers they setup.
And we're not just talking about one solution. There are a number of different clean energy technologies emerging that hold out promise for providing distributed energy (e.g. off-grid capable) within a year; and any one of these by itself could provide the remedy that society needs.
At a minimum, these newly emerging modalities will help people survive the coming calamities, and rise afterward. They provide additional options for going off grid, and they provide additional sources of power for back-up for local municipalities and substations.
In the best case, these exotic new game changing technologies could jump start the next scientific revolution. Today's scientific community has became cult-like, in that truly outside the box concepts are usually ridiculed or ignored. They retard the progress of science, by demanding everyone follow a rigged peer review system, that is biased against ideas that do not fit into the narrow confines of mainstream science. These new exotic technologies will prove to the world the scientific community failed, because they were not developed by conventional academics. They were discovered and brought to the market by individuals outside of "mainstream" science. While they follow true science, they defy the politics of science that have taken over the academic world.
Millions of minds are going to realize that many of the emerging technologies were originally ridiculed, mocked, and attacked by those in the "mainstream" scientific community. If not for the hostility of the mainstream, they could have been brought to the market many years ago. Outside of the box thinking will become the new mainstream. Pathological skepticism and closed mindedness will be remembered as the downfall of the 20th century.
From a broad perspective the world as a whole is going through a millennial transformation, graduating from a Pisces condition of reliance on a central authority, to an Aquarian condition of individual enlightenment, empowerment and responsibility. This is a radical metamorphosis that will see the controlling faction exhibit egregious displays of attempts at tyranny, while the rising enlightened group refuses to be enslaved.
The emergence of these exotic clean energy technologies will provide the rising civilization with the temporal means of empowerment -- literally speaking.
So much of modern society is tied to power, whether it be electricity for our homes, businesses and gadgets, or fuel for our vehicles. A disruption in that power could be extremely debilitating. And there are many things that could disrupt the grid, from giant solar flares, to an EMP pulse weapon, to sabotage, to economic meltdown.
The cheap, clean, and safe energy sources emerging would safe guard individuals from such a disruption. With distributed power the transportation of goods would keep going, stores would stay open, computers would keep operating, and people's lives could continue as normal. Right now, if such a disruption hit, the world would come to a screeching halt. It would only take a few days to a week for grocery store shelves to go bare, gas pumps to go dry, and chaos to begin. Of course the powers that be would take advantage of this, and move to expand their powers and restrict our freedoms. It would be the perfect opportunity for them to setup the North American Union, and a New World Order.
At least in the Depression of last century, many people still knew how to live off the land. But now, most people are urban and have no clue about how to survive without being able to shop at the local grocery store.
The emerging exotic free energy technologies will provide power at the point of use, whether it be via a device in the garage that powers the house, or in the trunk of the car that keeps the battery topped off, or something connected to the battery of our electronic devices that keeps them charged. At this point, it appears that the capabilities I just mentioned are all within a year of beginning to emerge into the marketplace.
Wouldn't you say it is about time?
We track these free energy technologies at http://FreeEnergyNews.com, listing both the daily developments as well as featuring the best five exotic technologies that don't mind being publicly known. Bear in mind that there are also some technologies that are not listed who don't want to be listed yet, one of which is easily in the number one position, even ahead of Rossi's cold fusion, which is poised to go commercial in October of this year, with a manufacturing plant in Greece and one in the U.S., each producing 300,000 units per year rated to produce 2.5 kilowatts of heat. These units are tiny, consume little fuel (a few grams of nickel and hydrogen), and could bring down the cost of energy ten fold or more.
Perhaps even more exciting are technologies that do not consume any type of "fuel" at all, but extract energy from space itself. These technologies tap into what some call Zero Point Energy, the Aether, or Dark Energy. Some of these technologies harvest energy from these sources by manipulating magnetic fields, harnessing back-EMF, producing high voltage impulses, or utilizing plasma effects. For example, the PlasmERG Noble Gas Engine creates a ball of plasma that apparently collects energy from an unknown source, and produces a huge amount of force. This force can then be used to power an engine that could replace those used in cars, trucks, boats, and airplanes. A PlasmERG engine could operate for months on pennies worth of common gases, before these gases leak out.
This nascent stage is a precarious time as these new technologies come onto the scene. As you know, there are plenty of nefarious forces at work that don't want to see things like this emerge, rendering the conspirators obsolete and out of power.
Be apprised that for every technology listed in our top five, there are several others like it that are close behind, and some even further along. Don't be turned off by skeptical comments. Don't be turned off if one of these turns out to be bogus or fraudulent. Use your proper discernment, but most of all, be open minded. Give these eccentrics some leeway, and rather than criticize, see what you can do to lend a hand. Remember, many of the inventors and researchers in this field are working on shoe-string budgets and with minimal if any staff. A little bit of help can go a long way.
The more you can support these emerging technologies, the better chance they will have of coming forth quickly to provide that safety net to prevent the total collapse of civilization, while empowering the rise of a more enlightened society in the place of the corrupt society that has wrested control of most every nation on earth.
What is called "alternative" now, will soon become the dominant force of peace, prosperity, and social foundation: alternative media, alternative health, alternative energy, alternative governance.
That is our destiny.
But that transition is not going to be easy. We will be tried to our limits. This will be a time to show what we are truly made of.
One advantage we have is that the mainstream everything -- mainstream politics, media, medicine, science -- is programmed to ignore or ridicule anything that comes from the alternative sector. Once even one of these several exotic free energy modalities makes it to the marketplace, they are going to have a crisis of credibility as the world begins to see that the mainstream has lost its credibility as being relevant, factual and useful. They will see that these "alternative" modalities, that science decreed to be "junk science," and which governments refused to help, and which media refused to cover, are indeed real, affordable and very valuable. The gig will be up for the mainstream. It will be the day for the "alternative" world to come into power as relevant, factual, and useful.
One master said: "New wine can't be put into old bottles." The old guard will not accept the new thing; and they will be overturned as no longer credible.
This crisis of credibility will open the floodgates for all those "alternative" and very useful modalities to come pouring forth. After game changing energy technologies emerge and are accepted, what could be next? Could the next break though allow gravity to be harnessed, let faster than light space travel become a reality, or even a way to reverse the human aging process?
But the more society falls apart before these new things emerge, the more difficult it will be for the new things to emerge. We might know how to manufacture the new technology, but to the extent that the infrastructure of commerce no longer runs smoothly, the manufacturing will be impaired.
How bad things get before they begin to get better is a function of our collective choice as a society. Will we open our eyes soon and begin to act with earnestness to support these new empowering technologies, to help forestall the societal disruption, or will we continue to either ignore the possibilities or be among those who ridicule their promise instead?
We cannot wait any longer. Action must be taken now. Currently, our civilization is facing many serious issues, but we have the industrial resources to convert from fossil fuels, to game changing, breakthrough technologies. If we wait too long and a "black swan" event (such as a massive plague, solar flare, or Earth change) takes place, civilization could be set back a hundred years. By taking action now we can see huge changes by the end of this decade or sooner.
If we all cooperate and support these emerging technologies, the world in the year 2020 could be a far better place than it is today.
I would like to think that those of you reading this account are among those who are part of the "alternative" crowd, who seek to help the enlightened modalities be developed and moved forward. I implore you to include "free energy" as part of your arsenal of involvement, at least to some extent, to help this revolution against the out of control new world order tyranny.
Please help fight for the future of our civilization. The future can be one of tyranny and helplessness, or liberty and empowerment. We must decide that the "power" of the "powers that be", is OUR power. There are billions of us, and very few of them. If we stand up and declare that these technologies WILL be used to give power back to the people, nothing can stop it from happening.
The limitless energy the creator the Lord God Almighty has placed everywhere in the fabric of the universe is our birthright, and we must claim it as our own as we move into the enlightened and very bright future that is our destiny.
04 July 2011
Dont Sabotage your future!
Date: 7/4/2011 10:47:06 GMT
Sometimes there's a comfortable misery in predictable, repeating failure.
** Over 2000 years ago... There was a pool in Jerusalem near the sheep market that was believed to have special properties. The belief was that every so often, at an unexpected time, an angel would stir the waters, and then whoever managed to get in first would be healed. In John 5 in the Bible, we read where Jesus was walking by and heard the whining voice of a guy who had been coming there every day for 38 years. Jesus walked up to him and asked, "Wilt thou be made whole?" (Dude, do you want to get well?) The guy was probably offended and thought to himself, "Of course I do. Haven't I been coming here every day for 38 years?" (John 5: 5-9)
But we know Jesus could see through to the heart.
The question was a legitimate one. "Do you want to get well?" I suspect that enjoying poor health, hanging around at the pool, receiving other people's sympathy and handouts had become this guy's profession. Of course he had reasons to complain. Can't you see how bad things are? He had probably long since lost any hope of changing his situation and had created his own private little welfare system.
BTW: There are many who leap into this system of " why bother; some one (Liberal government) will take care of me " attitude! This is sad to say the least! Because they sell their souls rather than seek their true purpose in life!
Seeing into his heart Jesus said, "Get up and walk!" A little confused by the authority, the guy actually found out he could stand up and walk. Whoa! No more comfort of self-pity, no more sympathy from friends, no more of the predictable familiarity of justified whining and complaining. What do you suppose happened the next morning when this guy's mom and dad suggested he should now go out and get a job? {What a new revelation!}
How many people do you know whose anger, resentment and "victim" mentality has become their identity? "If I got a job, my disability checks would stop." "If it weren't for this pain in my leg, I'd be willing to go to work." "You know the economy is bad - there aren't any jobs available." "I'm suing the company because they fired me after only four days of being late." etc, etc... Unfortunately not everyone who is "down and out" wants their life to change. There's safety in being down and out. The real test and responsibility come with being healthy and well.
Thus the question, "Wilt thou be made whole?"
Sometimes I fear we tend to sabotage our own success because the familiarity of the known situation is more comfortable than the uncertainty of the future unknown possibilities. If you were offered the chance for a better future, would you take advantage of it?
Is there some problem, sickness or "poor me" syndrome that you are hanging on to?
Get over it! A positive Attitude is your best defense and will lead you to a better eternity!
BTW: God {Jesus} only ask if you will believe through faith in His word!
Have any comments?
16 May 2011
Grabing retirement funds?
Following in the footsteps of a rather ignominious list of nations like Argentina and Hungary, the government of Ireland is set to take its 'fair share' of private retirement funds.
Drowning in debt and faced with unpopular, unrealistic, ridiculously unpopular austerity measures, the government has announced that it will now tax private pension savings in order to raise 470 million euros (roughly $675 million) per year... a lot of money in a country of only 4.4 million people.
Somehow, the government expects to be able to create 100,000 jobs to bring down an unemployment rate at 14.7 percent. Perhaps they plan on hiring 100,000 new workers to go around the country and collect the tax.
It reminds me of Bolivia — there's a tax or toll or fee for nearly everything you do. Driving on the highway (if you can call it that) outside of Santa Cruz, you pay a toll... obviously not for the maintenance of the road, but to pay the salary of the toll collector.
At the airport, you have to pay an airport tax before departure... obviously not for the upkeep and efficiency of the airport, but to pay the salaries of the guys who collect the airport tax.
This is what politicians consider "job creation," yet these positions only serve to destroy value. That they would stick up the retirement funds of hardworking people is even more immoral.
Here's the best part, though. If you are a government worker in Ireland, your pension is exempt. They're only going after people in the private workforce. It's truly disgusting logic to force private workers to pay for years of political incompetence while absolving government employees.
Coincidentally, there are a few other loopholes as well, particularly for non-residents and non-resident funds. Apparently those Irish who saw the writing on the wall and got busy moving themselves and their assets offshore will get to keep all of their savings.
Ireland is not the first country to call this play, nor will it be the last. Pension funds are attractive targets for politicians who have wide eyes and the most carnal thoughts at the site of any large pool of cash.
Think it can't happen where you live? Think again. Late last year, the French government went through an elaborate process to change its pension laws, "legally" allowing politicians to steal retirement funds from the public in order to pay off other debts.
In the U.S., public pensions have been raided for years, and Congress routinely "borrows" from Social Security to make up budget shortfalls. This is what talking heads mean when they play down concerns of a $14 trillion debt "because we owe it to ourselves" — $4.6 trillion of the debt is owed to intragovernmental agencies like Social Security.
Chances of this money being repaid to Social Security in full? Slim. The trend is more debt, not paying off existing debt. In fact, I'm convinced that politicians have their eyes firmly fixed on the trillions of dollars in private individual retirement accounts (IRAs) in the United States to fund new spending.
Here's how it will go down:
First, there will be some event... some sort of financial cataclysm, similar to the market meltdown we saw in 2008 after Lehman.
Bear in mind that most IRAs are managed by hotshots at big financial institutions; they get compensated not based on the performance of their portfolio, but on the total amount of assets under management. Your interests and their interests do not align.
As such, most IRAs are callously tossed into S&P index funds or some such generic vehicle, citing the safety of broader market diversification, as if that nonsense they teach in MBA finance classes is how the real world actually works.
When a big crash occurs, these unhedged broad market positions get hammered the most. Don't worry though, your fund manager will still get a big fat bonus check, because his performance is irrelevant.
This is when Congress will step in. Citing its desire to 'protect' the American people from future market shocks, the politicians will mandate that a portion of all managed retirement funds be invested in the "safety and security" of U.S. Treasury bonds. And, just to be on the safe side, let's park them in 30-year bonds that yield 4.35 percent.
Sound fair? Well who asked you anyways... just be a good citizen and turn over your money already. The important part is that the big financial institutions still get their big fat fees, and the government gets its hands on the mother lode.
This is how U.S. taxpayers will end up being forced to lend their hard-earned retirement savings to the government at rates far below any expected inflation.
Right now, there is a window of opportunity to take action; U.S. taxpayers with retirement accounts can set up a special kind of IRA structure that allows you to take control of your retirement savings and even ship it offshore if you want to, completely legitimately.
After taking control of your IRA, you can do any number of things — buy and store gold and silver coins overseas; hold foreign currencies in an offshore bank account; buy securities on international stock exchanges; purchase agricultural property overseas, or even a beautiful apartment on the beach in some sunny country.
The possibilities are incredible... but the most important thing is that you get this retirement money off the radar of the politicians before they pull an Ireland and announce some new measure, virtually overnight. These things can happen very, very quickly.
I've talked about this before a number of times, and every time I read the news of yet another country taking this approach, it serves as a reminder to take action.
If what I'm saying makes sense to you, I urge you to check out Terry Coxon's book on this subject, Unleash Your IRA. As one of the world's foremost experts on this strategy, Terry walks you through the process of protecting your retirement savings quickly and legitimately. To read more about it, click here.
02 April 2011
Fat Pelicans or generosity generates gratitude?
Fat Pelicans or generosity generates gratitude?
Do you really expect a free lunch?
Some years ago, in Monterey, California, a crisis arose. Monterey had become a paradise for pelicans. After cleaning their fish, the local fishermen would throw all the excess waste to the pelicans. The birds soon became fat and lazy. Baby pelicans grew up dependent on the handouts, not knowing how to catch their next meal.
Eventually, a new market was found that could use the waste products commercially. The pelicans no longer had a free meal. Yet, the pelicans made no effort to fish for themselves. Generations had been trained to just wait and wait they did for the free handouts that never came. They were angry and invasive about the unexpected changes. Many starved to death. They seemed to have forgotten how to fish for themselves.
1. Unemployment – In 1935, right after the Depression, unemployment benefits were established to assist those who were unemployed. The state and federal fund was to provide $5 to $15 per week and would be paid for not more than 16 weeks. Yet today many people are demanding that unemployment benefits be extended beyond 99 weeks. And yet we know that the biggest predictor of how long someone will be unemployed is knowing how long they have access to unemployment benefits.
2. Welfare – Our welfare system was established to help not support those few but not everyone, who had to struggle most. Now we have entire families into the 3rd and 4th generation who have no expectation of income other than government welfare.
If we assume generosity generates gratitude then we would expect these people to be the most grateful and patriotic of all segments of our society. Yet what we see is that these communities are hot spots of anger, crime, hostility, racial stagnation, resentment and even violence.
3. Foreign Aid – In a recent op-ed piece in the Wall Street Journal, Mambisa Moyo writes that“charity-based aid” cannot provide long-term sustainable development for Africa. She says the $60 trillion of this aid that’s been given in the past 60 years is not working, evident from the fact that the number of Africans who live on less than $1 day has doubled in the last 20 years. Anger and resentment against America is growing. We have destroyed the profitability of local farmers, gardeners, clothing makers and shoe sellers. Moyo says cutting off the flow of foreign aid would be “far more beneficial.”
So when does helping start hurting? If we really want these pelicans to develop their natural talent for fishing {supporting themselves}, what is the most helpful thing we can do?
Gradually stop feeding them, so they will have to learn how to feed and support themselves!
Sometimes a “safety net” sabotages what could have been success.
You really have to understand you potential and believe you can do it! This is the key to success in life!
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