Archive for the ‘Seniors’ Category

VIDEO – CONSPIRACY THEORY OR FACTUAL ?

Sunday, March 22nd, 2020

 

I have debated with myself about posting  this video  as some people consider David Icke a conspiracy theorist.  Many of the points that he makes in this video are very intriguing and plausible.  Since we are close to a global economic crisis, I decided to send it out and you can decide for yourself if you agree with his statements regarding the world’s reaction to the coronavirus.  Nancy  
VIDEO

David Icke Explains How the Elite are Using Coronavirus to Reshape the Global Economy

“This coronavirus hysteria gives them an excuse to do what they’re doing, and the consequences of what they’re doing is to dismantle the world economic system.” – David Icke

On Wednesday, David Icke appeared as a guest on London Real to discuss his perspective on the coronavirus and the global lockdown happening right now. The greater implication, he says, is that while people are in a state of fear, they are passively allowing increasing authoritarian controls over their lives, and that this new power grab will not be rolled out when the crisis ends.

The types of government totalitarianism that are being pushed amid the coronavirus outbreak include the encouragement of going cashless, mandatory vaccinations, and most importantly, vast economic controls which we have never seen before this event.

“The way the whole economic system is being shut down is suicide. What happens when it reaches a point where in its present state it cannot survive?” – David Icke

In most US states, local governments have closed down restaurants, bars, hair salons, and coffee houses against the interests of business owners as a means to stop the spread of the coronavirus. As a result, millions of people have already lost their jobs and are unsure about whether they will be able to pay rent. Governments claim that without extreme measures, many more will die, and hospital beds will overfill.

“You have to keep the reaction in proportion to the problem,” David says. “so maybe more needs doing in parts of Italy.

 

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CORONAVIRUS COMES FOR EUROPE

Thursday, March 19th, 2020

 

Coronavirus Comes for Europe

by Guy Millière   Dr. Guy Millière, a professor at the University of Paris, is the author of 27 books on France and Europe.
March 18, 2020

  • The Italian health system is in appallingly bad condition. There are not enough intensive care units and, as everywhere, the possibility of a major crisis simply was not anticipated. In Italy there are 2.62 acute-care hospital beds per 1,000 residents (by comparison, the number in Germany is 6.06 per 1,000 residents). The Italian health system is entirely governed by the government…. Public hospitals must manage shortages, and when an exceptional situation occurs, rationing care leads to horrific choices.
  • The Italian government was hoping for help from the European Union, but neither the other member states nor the European Union itself has given any at all…. The dismissive attitude of the EU and the other members states seems to have been dictated by the fear of sliding into a situation as calamitous as that of Italy.
  • No country in the European Union has taken a clear, hard look at the danger Europe is facing.

 

Italy’s healthcare system is in a state of almost total collapse. As of today, 31,506 people in Italy have been infected with the coronavirus; of which 2,503 people have died. The numbers continue to grow. Hospitals are overwhelmed. Doctors have to choose which sick person to save and which sick person not to save. Pictured: Hospital employees tend to a patient at a temporary emergency structure set up outside Brescia Hospital, in Italy on March 13, 2020. (Photo by Miguel Medina/AFP via Getty Images)

(more…)

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ELIZABETH WARREN HAS A PLAN, OH MY !

Monday, December 30th, 2019

 

“Oh My” is right !!!  Nancy
THE WALL STREET JOURNAL

Elizabeth Warren Has a Plan, Oh My

She may not win the nomination, but her ideas show where the American left wants to go

By the Editorial Board,   December 27, 2019

She’s the candidate with a plan for everything: That’s Elizabeth Warren’s brand. But even that sells her ambitions short, as we discovered after a tour of her 60-some policy papers. Ms. Warren is proposing a transformation of American government, business and life that exceeds what the socialist dreamers of a century ago imagined.

Her standing in the polls has fallen after missteps over Medicare, but she is still in the top candidate tier. Her ideas deserve to be taken seriously because they show where the American left wants to go:

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• Wealth tax: Tax net worth over $50 million at 2% a year, and 6% above $1 billion. To prevent the rich from yachting off, add a 40% “exit tax” on assets over $50 million upon renouncing U.S. citizenship. Estimated revenue: $3.75 trillion over a decade from 75,000 households. Most economists, including many Democrats, call that number a fantasy. Courts might also find the tax unconstitutional.

• Medicare for All tax:Charge companies with at least 50 workers an “Employer Medicare Contribution,” equal to 98% of their recent outlays on health care, while adjusting for inflation and changes in staff size. These varying fees “would be gradually shifted to converge at the average health care cost-per-employee nationally.” Estimated revenue: $8.8 trillion over a decade. If receipts fall short, add a “supplemental” tax on “big companies with extremely high executive compensation and stock buyback rates.”

• Global corporate tax: Raise the top business rate to 35%. Apply this as a world-wide minimum on overseas earnings by U.S. companies. Businesses would “pay the difference between the minimum tax and the rate in the countries where they book their profits.” Apply a similar minimum tax to foreign companies, prorated by the share of their sales made in the U.S. Estimated revenue: $1.65 trillion over a decade.

• Corporate surtax: Tax profit over $100 million at a new 7% rate, without exemptions. This would go atop the regular corporate rate. Estimated revenue: $1 trillion over a decade from 1,200 public companies.

• Slower expensing: “Our current tax system lets companies deduct the cost of certain investments they make in assets faster than those assets actually lose value.” Closing this “loophole,” she says, would raise $1.25 trillion over a decade.

• Higher capital gains taxesTax the investment gains of the wealthiest 1% as ordinary income, meaning rates near 40% instead of today’s 23.8%. Apply the tax annually on gains via a “mark to market” system, even if the asset hasn’t been sold. Estimated revenue: $2 trillion over a decade.

(more…)

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GOOGLE AMASSES PERSONAL MEDICAL RECORDS

Tuesday, November 12th, 2019

 

This should be a concern to all of us.  If you think what you are telling your doctor is personal and private, think again !!!  Nancy
THE WALL STREET JOURNAL

Google Amasses Personal Medical Records

Company teams up with one of the U.S.’s largest health systems in ‘Project Nightingale’

BY ROB COPELAND   November 12, 2019

Google is engaged with one of the U.S.’s largest health-care systems on a project to collect and crunch the detailed personal- health information of millions of people across 21 states.

The initiative, code-named “Project Nightingale,” appears to be the biggest effort yet by a Silicon Valley giant to gain a toehold in the health-care industry through the handling of patients’ medical data. Amazon. com Inc., Apple Inc. and Microsoft Corp. are also aggressively pushing into health care, though they haven’t yet struck deals of this scope.

Google began Project Nightingale in secret last year with St. Louis-based Ascension, a Catholic chain of 2,600 hospitals, doctors’ offices and other facilities, with the data sharing accelerating since summer, according to internal documents.

The data involved in the initiative encompasses lab results, doctor diagnoses and hospitalization records, among other categories, and amounts to a complete health history, including patient names and dates of birth.

Neither patients nor doctors have been notified. At least 150 Google employees already have access to much of the data on tens of millions of patients, according to a person familiar with the matter and

the documents.

In a news release issued after The Wall Street Journal reported on Project Nightingale on Monday, the companies said the initiative is compliant with federal health law and includes robust protections for patient data.

Some Ascension employees have raised questions about the way the data is being collected and shared, both from a technological and ethical perspective, according to the people familiar with the project. But privacy experts said it appeared to be permissible under federal law. That law, the Health Insurance Portability and Accountability Act of 1996, generally allows hospitals to share data with business partners without telling patients, as long as the information is used “only to help the covered entity carry out its health care functions.”

(more…)

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‘MEDICARE FOR ALL ‘ EXPLAINED

Tuesday, October 29th, 2019

 

THE DAILY SIGNAL

HEALTH CARECOMMENTARY

‘Medicare for All’ Actually Isn’t Medicare at All

Kevin Pham  / Kevin Pham, a medical doctor, is a contributor to The Daily Signal and a former graduate fellow in health policy at The Heritage Foundation.   October 28, 2019  

Sen. Bernie Sanders, I-Vt., was recently on comedian Jimmy Kimmel’s late night show to discuss, among other items on his agenda, his vision for health care in America.

In one interesting statement, Sanders described the rollout of his plan: “I want to expand Medicare to include dental care, hearing aids, and eyeglasses, and then what I want to do is lower the eligibility age the first year from 65 down to 55, then to 45, then to 35, then we cover everybody.”

There is a sleight of hand here.

What Sanders seems to be describing is the gradual expansion of the existing Medicare program, which currently covers Americans 65 and over, to include everyone eventually. In reality, Sanders’ signature bill, “Medicare for All,” is anything but Medicare.

The demand for socialism is on the rise from young Americans today. But is socialism even morally sound? Find out more now >>

Medicare comes in several forms, including Parts A and B, which pay for inpatient and outpatient visits along a fee schedule with premiums and deductibles, and Part C, also known as Medicare Advantage.

This is the system that covers 60 million Americans and enjoys high satisfaction ratings.

Medicare for All would scrap all of this.

One of the most misleading aspects of Medicare for All is that it is not Medicare at all.

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VIDEO – PUBLIC PENSIONS – AN ECONOMIC TIME BOMB PRAGER U

Tuesday, October 29th, 2019

 

VIDEO  – PUBLIC PENSIONS – AN ECONOMIC TIME BOMB  PRAGER U 
Who cares about public pension liability? Well, you should – after all, it’s the reason entire cities and even states are facing bankruptcy. Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, paints a startling picture of just how broken the public pension system really is, and what will happen if we continue to ignore it
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WARREN’S ASSAULT ON RETIREE WEALTH

Thursday, September 12th, 2019

 

THE WALL STREET JOURNAL

Warren’s Assault on Retiree Wealth

Her vision of ‘accountable capitalism’ would destroy savings built over a lifetime—and sink the economy.

By Phil Gramm and Mike Solon Mr. Gramm, a former chairman of the Senate Banking Committee, is a visiting scholar at the American Enterprise Institute. Mr. Solon is a partner of US Policy Metrics.   September 11, 2019

Who owns the vast wealth of America? Old folks. According to the Federal Reserve, households headed by people over the age of 55 own 73% of the value of domestically owned stocks, and the same share of America’s total wealth. Households of ages 65 to 74 have an average of $1,066,000 in net worth, while those between ages 35 and 44 have less than a third as much on average, at $288,700.

A socialist might see injustice in that inequality. But seniors know this wealth gap is the difference between the start and the finish of a career of work and thrift, making the last mortgage and retirement payments rather than the first. Seventy-two percent of the value of all domestically held stocks is owned by pension plans, 401(k)s and individual retirement accounts, or held by life insurance companies to fund annuities and death benefits. This wealth accumulated over a lifetime and benefits all Americans.

That means it’s your life savings on the line—not the bankroll of some modern-day John D. Rockefeller—when Democrats push to limit companies’ methods of enriching their shareholders. Several Democratic congressmen and presidential candidates have proposed to limit stock buybacks, which are estimated to have increased stock values by almost a fifth since 2011, as well as to block dividend payments, impose a new federal property tax, and tax the inside buildup of investments. Yet among all the Democratic taxers and takers, no one would hit retirees harder than Sen. Elizabeth Warren.

Her “Accountable Capitalism Act” would wipe out the single greatest legal protection retirees currently enjoy—the requirement that corporate executives and fund managers act as fiduciaries on investors’ behalf. To prevent union bosses, money managers or politicians from raiding pension funds, the 1974 Employee Retirement Income Security Act requires that a fiduciary shall manage a plan “solely in the interest of the participants and beneficiaries . . . for the exclusive purpose of providing benefits to participants and their beneficiaries.” The Securities and Exchange Commission imposes similar requirements on investment advisers, and state laws impose fiduciary responsibility on state-chartered corporations.

Sen. Warren would blow up these fiduciary-duty protections by rewriting the charter for every corporation with gross receipts of more than $1 billion. Every corporation, proprietorship, partnership and limited-liability company of that size would be forced to enroll as a federal corporation under a new set of rules. Under this new Warren charter, companies currently dedicated to their shareholders’ interest would be reordered to serve the interests of numerous new “stakeholders,” including “the workforce,” “the community,” “customers,” “the local and global environment” and “community and societal factors.”

(more…)

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VIDEO – DAN FOREST FOR NORTH CAROLINA GOVERNOR – I BELIEVE AD

Wednesday, August 21st, 2019

 

LATEST CAMPAIGN AD OF LT GOVERNOR DAN FOREST , REPUBLICAN, NORTH CAROLINA

 

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CONGRESS IS COMING FOR YOUR IRA

Saturday, July 13th, 2019

 

 

The Secure Act which is before the U.S. Senate for a vote can impact the taxes of  many of us and our children and grandchildren.   Take the time to look at this information and contact your senators if you would like to comment on how you want them to vote on  this bill.   Nancy
THE WALL STREET JOURNAL

Congress Is Coming for Your IRA

The Secure Act would upend 20 years of retirement planning and stick it to the middle class.

By

Philip DeMuth  Mr. DeMuth is author of “The Overtaxed Investor: Slash Your Tax Bill and Be a Tax Alpha Dog.”      July 10, 2019

Like grave robbers opening King Tut’s tomb, Congress can’t wait to get its hands on America’s retirement-account assets. The House passed the Setting Every Community Up for Retirement Enhancement Act, known by the acronym Secure, in May. The vote was 417-3. The Secure Act is widely expected to pass the Senate by unanimous consent. While ostensibly helping Americans save for retirement, the bill would actually reduce the value of all retirement savings plans: individual retirement accounts, 401(k)s, Roth IRAs, the works.

The main problem with the Secure Act is that it eliminates the stretch IRA,the fixed star in the financial-planning firmament since 1999. The stretch IRA lets savers leave their retirement accounts to children, grandchildren or other beneficiaries. Under current rules, the recipients can parcel out the required minimum distributions from the accounts over the course of their actuarial lifetimes. Payouts tend to be relatively small for children but grow in size over the decades until the inherited IRA might comfortably provide for the child’s retirement through the power of tax-deferred compounding. A parent could die with the knowledge that, whatever vicissitudes their children might experience in life, they won’t have to worry about retirement.

Congress wants to kill this. The Secure Act gives nonspouse beneficiaries 10 years to pull out all the money in an IRA. The effect would be to make more of an IRA subject to higher taxes sooner, as distributions are made in supersize chunks. As much as one-third more of an inherited IRA would get gobbled up by taxes than under current rules. When the Tax Cuts and Jobs Act expires in 2025, taxes will rise across the board. If President Trump signs the Secure Act into law, the stage will be set for a taxpocalypse sometime in the next decade.

In exchange for its windfall under the Secure Act, Congress will push back the age at which retirees must take their first required minimum IRA distributions from 70½ to 72. This isn’t the deal American savers were promised when they made contributions to their IRAs the last 20 years. Before, the optimal approach was for savers to leave their IRAs to their children or grandchildren and stretch the payouts over decades.

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WHITE HOUSE PETITIONS

Saturday, September 2nd, 2017

WE THE PEOPLE – YOUR VOICE IN THE WHITE HOUSE 

petitions.whitehouse.gov/

 

THIS URL is important.  There are various petitions on the White House site…many are from left wingers…but there are ones there we should ALL think about signing. The one at the very end is the one re Hillary’s emails.  There are others such as declaring Black Lives Matter for what it really is and one for Soros….to indicate what HE’s doing.  I have no clue what the ramifications will be for putting your name on such a petition but the Hillary one is certainly one that needs support. 

 

 

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