• Categories

  • Pages

  • Tags

    attraction Bank banking business Chinese Ching CNBC comedy Driving Economy fed Federal finance financial forbes Gigi High Investments John Lau Law management market mccain Miss money movie Net New obama of paul Private prosperity reserve rich Ron Sean Secret tax The Wan Wealth wealthy Worth
  • Archives

  • Meta

  • Emergency S.O.S.: America Falling to Foreign Bank Takeover – PT 1/2

    Posted by admin on July 8th, 2010 and filed under private bank | 25 Comments »

    http://www.prisonplanet.com/dollar-plunges-after-un-call-to-ditch-greenback.html

    Alex Jones breaks down the takeover by offshore banking powers– newly empowered by Congress’ banking “reform,” expanded taxes worldwide, as well as accelerated moves towards ending the Dollar’s reserve status, including urging from a recent United Nations report.

    This Fourth of July, the United States is indeed in peril; it is not only the Gulf Oil Spill, Russian spies and threats of war with Iran which Americans must worry about. Instead it is the quiet but deadly conquest by private, central banks, who lobbied Congress to once again vest new powers in the Federal Reserve and, by all indicators, further weaken the U.S. economy through its future actions.

    The financial crisis has indeed been developed in such a way that no nation can ever repay all the debt, and control by global economic forces is all but inevitable.

    “This is as big as World War I or World War II,” Alex Jones comments.
    “What is happening now is bigger than the banking takeover of 1913… it is a worldwide financial coup d’etat.”

    Duration : 0:10:42

    Read the rest of this entry »

    John McCain On Taxing Rich People

    Posted by admin on July 8th, 2010 and filed under wealthy | 25 Comments »

    From the Hardball College Tour, October 12, 2000:

    UNIDENTIFIED FEMALE: Hi. Since I’ve been studying politics, I’ve had
    this question that I’ve never fully understand. Why is it that someone
    like my father, who goes to school for 13 years, gets penalized in a
    huge tax bracket because he’s a doctor? Why is that — why does he
    have to pay higher taxes than everybody else, just because he makes
    more money? Why — how is that fair?

    MATTHEWS: You mean…

    MCCAIN: I think your question — questioning the fundamentals of a
    progressive tax system where people who make more money pay more in
    taxes than a flat, across-the-board percentage. I think it’s to some
    degree because we feel, obviously, that wealthy people can afford
    more. We have over the years, beginning with John F. Kennedy, reduced
    some of those marginal tax rates to make them less onerous.

    But I believe that when you really look at the tax code today, the
    very wealthy, because they can afford tax lawyers and all kinds of
    loopholes, really don’t pay nearly as much as you think they do when
    you just look at the percentages. And I think middle-income Americans,
    working Americans, when the account and payroll taxes, sales taxes,
    mortgage pay — all of the taxes that working Americans pay, I think
    they — you would think that they also deserve significant relief, in
    my view…

    MATTHEWS: How many — how many people here believe that the people who
    made the highest level of incomes in this country should pay a higher
    percentage of their income in taxes?

    Miss, do you want to follow up? Miss, do you want to follow up, do you
    want to follow up, do you want to follow up? Go ahead.

    MCCAIN: Do you want to follow up? Please…

    MATTHEWS: Go ahead, please, go ahead.

    MCCAIN: … you were dissatisfied with Chris’s comment, I could tell.

    UNIDENTIFIED FEMALE: I still don’t see how the — how that’s fair.
    Isn’t the definition of slavery basically where you work and all your
    money goes? I’m not saying this is slavery, I’m saying that isn’t the
    defin — are we getting closer and closer to, like, socialism and
    stuff, when you have — you have some people paying 60 percent overall
    in a year of their money to taxes. That’s their money, not the
    government’s. How is that fair? I haven’t understood it.

    MCCAIN: Could I point out, one of the fundamentals of a town hall
    meeting is, we respect the views of others, and let them speak. So,
    look, here’s what I really believe, that when you are — reach a
    certain level of comfort, there’s nothing wrong with paying somewhat
    more. But at the same time, that shouldn’t be totally out of
    proportion. There’s some countries such as Sweden where it doesn’t pay
    anything to work more than six months a year. That’s probably the
    extreme.

    But I think the debate in this country is more about tax cuts rather
    than anything else. And frankly, I think the first people who deserve
    a tax cut are working Americans with children that need to educate
    their children, and they’re the ones that I would support tax cuts for
    first.

    Duration : 0:2:54

    Read the rest of this entry »

    2/6 Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense

    Posted by admin on June 30th, 2010 and filed under wealthiest | 5 Comments »

    David Cay Johnston – explains what the invisible hand of Adam Smith means, for the benefit of those who know it and for those who only think they do–of which there are more than enough of the latter. Smith postulated that a free market economy creates competition that serves the common good but, (and here’s the kicker), does not work if government provides them bounty (subsidies), or allows them to collude to keep prices high. He also stated that there would be enterprises that would operate to seek bounties only, the equivalent of modern corporate welfare.

    Less than 1% of Americans are getting rich of the backs of the other 99%. And, it isn’t just individuals who are reaping millions of dollars from taxpayers…it’s also corporations.

    Government at all levels offers break after break which is consistently picked up by Average Joe Taxpayer. Such “bounties” include:

    · Misuse of eminent domain, which is supposed to mean appropriating land for the common good such as a new highway or airport. Now it is used to support developers who wish to profit at the expense of the homeowner.

    · Tax breaks. Not only do companies such as Wal-Mart, Cabela, or Bass Pro insist on property tax breaks that decimate the local economy rather than improve it, but they might even insist on keeping the sales tax. Communities may not see a return on their investment for decades.

    One of the largest baseball teams in the country destroyed a public park for a new stadium, had it paid for by the citizens, and then gave payback to politicians who helped.

    Two major hunting and fishing chains that got millions and millions in tax subsidies to build stores based on false and unsustainable promises, and continue to try to rape the treasuries of communities across the country with more false promises.

    A call center in Buffalo using tax subsidies and sold it to the public through a newspaper owned by the same company.

    Discover how industry and government have actually worked to first deceive, then gouge the average hard-working taxpayer. Any one of these chapters is a revelation that made me open this book at every opportunity.

    Duration : 0:10:59

    Read the rest of this entry »

    Hypocrisy: McCain Voted AGAINST Bush Tax Cuts 4/11/2004

    Posted by admin on June 25th, 2010 and filed under wealthiest | 1 Comment »

    McCain Voted AGAINST the Bush Tax Cuts

    MR. RUSSERT: Will we have to increase the size of the deficit in order to expand the military?

    SEN. McCAIN: Oh, I think there’s one thing that’s obvious about this, is that we are going have to ask for more money after the election, and it’s going to increase the size of the deficit. And, again, maybe we’re going to have to make some tough choices. You know, during the Vietnam War, they accused Lyndon Johnson of employing a strategy of guns and butter. Well, now we’re employing the strategy of guns and pork. Look at the highway bill that had 3,000 pork-barrel projects on it, including bridges to nowhere in Alaska. So we’re going to have to make some tough choices on–budgetary wise, too. We can’t do everything we were planning on doing; otherwise Medicare goes broke, Social Security goes broke.

    Alan Greenspan, as you know, a couple of weeks ago said that we’re going to have to change the benefit for retirees. Do you know a politician that’s going to vote for that?

    MR. RUSSERT: Since the Civil War, every president who has been at war has increased taxes. Should the president consider postponing his tax cut?

    SEN. McCAIN: I would have–I voted against the tax cuts because of the disproportionate amount that went to the wealthiest Americans. I would clearly support not extending those tax cuts in order to help address the deficit. But the middle-income tax credits, the families, the child tax credits, the marriage tax credits, all of those I would keep.
    [Meet the Press, 4/11/2004]

    Duration : 0:1:27

    Read the rest of this entry »

    GROCO Accounting – Company Profile

    Posted by admin on June 25th, 2010 and filed under high net worth individuals | 2 Comments »

    Greenstein, Rogoff, Olsen & Co. is a top Bay Area CPA firm serving Silicon Valley’s most successful people. With offices in Fremont, Palo Alto, and San Francisco, California, our firm provides consulting services to high net-worth individuals and closely held businesses. We also have special expertise in providing accounting services to the leading Venture Capital partners in the Silicon Valley.

    Our primary services include income tax planning, income tax preparation, strategic business consulting, business valuations, bill paying, estate planning, estate administration, trustee services, and financial statement preparation.

    Duration : 0:2:51

    Read the rest of this entry »

    Tax Cuts for the Wealthiest Americans? CAP’s Weller on CNBC

    Posted by admin on June 20th, 2010 and filed under wealthiest | 7 Comments »

    http://www.americanprogress.org/issues/domestic/taxes

    Center for American Progress Senior Fellow Christian Weller disputed suggestions that taxes ought to be reduced for the wealthiest Americans on CNBC’s Kudlow & Company. 8/30/07

    What if 40 hours a week were enough?
    THE CENTER FOR AMERICAN PROGRESS
    www.AMERICANPROGRESS.org

    Duration : 0:5:10

    Read the rest of this entry »

    Obama’s New Tax Plan Goes Under Attack

    Posted by admin on June 16th, 2010 and filed under wealthiest | 25 Comments »

    Watch more at http://www.theyoungturks.com

    Duration : 0:5:27

    Read the rest of this entry »

    Sen. Sanders: Tax wealthy to pay for bailout

    Posted by admin on June 12th, 2010 and filed under wealthy | 25 Comments »

    More at http://therealnews.com/c.php?c=081001YT
    Sen. Bernie Sanders proposes amendment to make the wealthiest in US shoulder the costs of the bailout

    Duration : 0:18:17

    Read the rest of this entry »

    Secret Bank

    Posted by admin on May 22nd, 2010 and filed under private bank | 25 Comments »

    Federal Reserve Bank is owned by a foreign secret cartel. We pay interest to this private company because of our unconstitutional ‘income’ tax. This secret collection of families owns the US government. This secret cartel has been historically diabolical and evil in its tactics.

    Questions for comments:
    What kind of a group could pull off 911?
    Who has profited because of 911?
    Who owns the Fed?
    Who gives oversight to the Fed?
    Which governments’ laws does this cartel obey?
    Does the cartel that owns the Central Bank of England, the Federal Reserve Bank, and most government central banks really care about American interests?

    Duration : 0:9:52

    Read the rest of this entry »

    Free Markets and Small Government Produce Prosperity

    Posted by admin on May 4th, 2010 and filed under prosperity | 25 Comments »

    Now that the so-called stimulus has been enacted, hopefully policy makers will turn their attention to policies that actually improve economic performance. This Center for Freedom and Prosperity Foundation video reviews the key finding in the Fraser Institute’s Economic Freedom of the World and explains that, contrary to the policies of Presidents Bush and Obama, smaller government and free markets are the way to boost economic growth. For more information: www.freedomandprosperity.org

    Duration : 0:6:13

    Read the rest of this entry »