Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Wednesday, November 2, 2016

Leading Member Of U.S. Congress Indicating The Legislature Will Repeal Barack Obama's ObamaCare


Barack Obama

U.S. House Speaker Paul Ryan has indicated he intends to have the costly ObamaCare healthcare plan repealed. Ryan stated last week, "We’ve seen record premium hikes. That's why millions of people—including millennials—have lost their plans, or been forced to buy plans they don’t like. That's why we've seen waste, fraud, and abuse. And at this point, one thing is clear: This law can't be fixed.” 

President Barack Obama recklessly rammed the 10,000-page ObamaCare healthplan through Congress, falsely promising it would create inexpensive, national health insurance for all Americans. Riding on an early wave of popularity when he just assumed office as head of state, members of Congress blindly voted for it based on the word of snake oil salesman Obama, without even reading it, which was a breach of duty.

ObamaCare premiums have since skyrocketed and will further increase to untenable financial levels Americans will not be able to pay. ObamaCare premiums have quadrupled, reaching prices Americans simply can't afford to pay on a fixed income. To make matters worse, major insurance companies such as United Health Group Inc, Aetna Inc and Humana Inc, have left ObamaCare, citing costs that damaged their companies.

The Judiciary Report stated ObamaCare was not going to work from the moment it was enacted. However, Obama pushed through ObamaCare for bragging rights and proceeded to cockily show off that he is the first president to create national healthcare in America. It was based in hubris, not helping people. What is particularly deceitful is the Obama Administration knew from day one that premiums would skyrocket to damaging financial levels Americans can't afford.

ObamaCare has put doctors, nurses and clerical medical staff through a terrible ordeal, bogging them down with reams of additional paperwork. ObamaCare has also resulted in the deaths of thousands of Americans, who were booted out of hospitals early, while others patients were denied important medical imaging that would have saved their lives.

The Judiciary Report stated from the beginning when the health insurance law was enacted that concessions would have to be made and special deals would need to be cut with medical companies, doctors and hospitals for ObamaCare to even begin to work (see: RELATED ARTICLES below). None of that happened. Instead, ObamaCare was pushed through with a "deal with it" attitude, which left medical staff across America scrambling to cut costs on their own and sadly it ended up detrimental to patients.

Obama and Hillary Clinton are also beholden to the drug companies, known as Big Pharma, who charge way more than necessary for medicine and medical equipment, trying to show big profits for investors and Wall Street. At the big drug companies, it's not about the public getting well, it's about profits. Wall Street's attitude is we must greatly profit from your sickness.

There's also another issue the Judiciary Report emphasized from the start that lawyer/doctor/surgeon general/emperor/overlord Obama ignored, America doesn't collect enough taxes to have socialized medicine. Rich people in America don't pay their fair share in taxes. And even in nations were there is socialized medicine, the budgets are tight. Therefore, how could America have workable socialized medicine under these adverse conditions.

It's not that America can't have socialized medicine or a workable, low cost healthcare plan. The White House and Congress are unwilling to fix the problems to facilitate socialized medicine or a national low cost healthcare plan, as they are beholden to so many rich people and corporations, whose lobbyist act on their elitist behalf.

STORY SOURCE

GOP rebuffs Obama's entreaties to fix health law

10/20/16 07:06 PM EDT - President Barack Obama on Thursday called for Republicans next year to pass legislation to repair Obamacare. The GOP response? No. Democrats have long held out hope that with a new president, the political winds would shift, creating an opening to pass badly needed legislative repairs. 

But Republicans have been bashing Obamacare for more than six years and there is no sign that they’re going to break that habit — let alone vote for legislative repairs. House Speaker Paul Ryan said Thursday that the law “can’t be fixed.” 

Obamacare is the reason “we’ve seen record premium hikes,” Ryan said in a statement. “That's why millions of people—including millennials—have lost their plans, or been forced to buy plans they don’t like. That's why we've seen waste, fraud, and abuse. And at this point, one thing is clear: This law can't be fixed.”... 

RELATED ARTICLES






Sunday, October 23, 2016

Hillary Clinton Is Recycling Barack Obama’s Failed Policies And Promises From 2008 Election


Donald Trump and Hillary Clinton

Wednesday night's presidential debate between Republican, Donald Trump and Democrat, Hillary Clinton, revealed she is recycling President Barack Obama's unsuccessful campaign platform promises from 2008, where he defeated her in the election to become America's head of state. Both candidates clearly stated their political perspectives and vision for America. However, Clinton's vision is the same as Obama's which has not worked out well for America at all. 


Donald Trump and Hillary Clinton

When I heard Clinton speaking about her tax plan, it is the same nonsense Obama spouted 8-years ago, which has miserably failed. Clinton has publicly expressed the fact she wants to scrap ObamaCare, which the Judiciary Report has stated should be discontinued, but based on what she is saying, she is going to create HillaryCare on the same crappy premise. That too shall fail, as it's foundation is faulty.


Hillary Clinton

America has record high national debt and unemployment under Obama. Last quarter's jobs report was terrible and presents the slowest growth of any major world nation. The Obama Administration has deceitfully removed 94,000,000 unemployed Americans from the jobs report, due to the fact they can't find employment and stopped trying.


Hillary Clinton compared to gangster rap music stars...and based on her track record in tracking down and handling women who slept with her husband, I'd say Clinton is a gangster (LOL)

Clinton is not good with economics. Clinton's economic record in New York as senator is appallingly bad. Clinton promised New Yorkers 200,000 jobs, won the election as senator, then failed to create meaningful employment for constituents (Hillary Clinton Failed To Create The 200,000 Jobs She Promised As Senator In New York As She Is Not Good With The Economy). It will be more of the same if she is elected president.

Thursday, July 7, 2016

Footballer Lionel Messi And His Dad Sentenced To 21-Months In Jail On Tax Fraud Conviction


Lionel Messi and dad Jorge Messi in court

The Guardian newspaper is reporting that Barcelona football superstar, Lionel Messi and his dad, Jorge Messi, have been sentenced to 21-months in jail on tax fraud charges in Catalonia, Spain. They were given a suspended sentence, which means it is highly unlikely they will have to do actual jail time. Messi has also been assessed a $2,500,000 fine and ordered to pay $6,000,000 in back taxes. Messi's dad has been issued a $2,000,000 fine. Messi pled ignorance stating he did not read what he was signing, regarding the shell companies housing money from his image rights, in offshore locations such as Belize and Uruguay.


Lionel Messi

In February, Messi's fellow Barcelona teammate, Neymar, was also prosecuted for tax fraud in his native Brazil (Brazilian Judge Orders Neymar's Private Jet, Yacht And Sports Cars Seized In Tax Evasion Case). It appears select members of the Barcelona squad were given bad tax advice from the same source.

STORY SOURCE

Lionel Messi Sentenced To 21-Months In Prison

Barcelona's Argentinian soccer star Lionel Messi has been sentenced to 21 months in prison and fined 2 million euros ($2.2 million) after being found guilty of three counts of tax fraud, a court in the Spanish city said on Wednesday. The court handed the same jail sentence to the Argentine soccer player's father, Jorge, and fined him 1.5 million euros. However, in Spain it is customary that those sentenced to under two years for non-violent crimes do not serve time in jail.

Messi, 29, and his father were accused by the Spanish tax office of defrauding the government of 4.2 million euros ($4.7 million) in tax between 2007 and 2009. The court found that they had used a web of shell companies to evade taxes on income from the player's image rights. Messi, five-times World Player of the Year, said during the trial that he had no knowledge of the dealings and that his father had control over his financial affairs...

Wednesday, May 25, 2016

Boxer Adrien Broner Causes A Stir On Social Networking In Stating He Is Voting For Donald Trump In U.S. Presidential Election Due To Promise Of Lowering Taxes (Video)

Warning: video contains profanity

Former four time boxing champion, Adrien Broner, is being heavily criticized on social networking for stating he is going to vote for hatemonger, Donald Trump, in the 2016 U.S. presidential election. Broner explained his reasoning for voting for Trump stating he will lower taxes. However, Broner has been duped. Trump has made a massive u-turn on previous statements regarding lowering taxes in America.

   
Apparently, Marcos Maidana hit Adrien Broner harder than we thought, as he has announced he is voting for Donald Trump, who has made comments that upset minorities

A new report on Reuters this month stated, "U.S. Republican presidential candidate Donald Trump said on Sunday he was open to raising taxes on the rich, backing off his prior proposal to reduce taxes on all Americans and breaking with one of his party's core policies dating back to the 1990s. 'I am willing to pay more, and you know what, the wealthy are willing to pay more,' Trump told ABC's 'This Week.'"

   
Donald Trump
 
The Judiciary Report has maintained from the time of the 2008 financial crisis, which I predicted first in published site articles, the only way out of the problem, is to raise taxes on the rich. America needs a moderate tax increase on the rich and austerity to get out of the ongoing financial crisis (Newly Released Financial Data Reveals America Has Hit An Unprecedented Economic Low Under President Obama). Former U.S. President, George W. Bush, created the problem with his poor, corrupt political policies and current president, Barack Obama, added to it via massive spending that has not worked out, morphing into fruitless debt.

STORY SOURCE

Trump changes tune on tax hikes for wealthy Americans
Mon May 9, 2016 4:52am EDT - U.S. Republican presidential candidate Donald Trump said on Sunday he was open to raising taxes on the rich, backing off his prior proposal to reduce taxes on all Americans and breaking with one of his party's core policies dating back to the 1990s. "I am willing to pay more, and you know what, the wealthy are willing to pay more," Trump told ABC's "This Week."... 

http://www.reuters.com

Adrien Broner: I’m Voting for Donald Trump

2 weeks ago - Adrien Broner has voiced his support for Donald Trump in the upcoming presidential election. In a New York radio interview, the boxing champion and Cincinnati native said that “everything he’s saying is correct”. He also supports Trump because he’s going to lower taxes and “that’s what I’m with, for real, because taxes been kicking my @$$”. Broner is currently awaiting trial for assault and robbery charges. If convicted, he would not be able to vote in the upcoming election.

Friday, May 13, 2016

Singer Lauryn Hill Was 3-Hours Late For Show Prompting Promoter Refunds In What Is An Ongoing Problem Due To A Cult


The Fugees at the Grammy Awards (Lauryn Hill is pictured center)
 
New Jersey born singer/actress, Lauryn Hill, was one of the brightest recording stars 15-years ago. Hill's 1994 debut in the hip hop trio, the Fugees, brought her to the attention of the music industry via their first album "Blunted On Reality." The Fugees' Grammy winning 1996 sophomore album "The Score" put Hill on the map, making her a big star. Hill's soulful, beautiful voice became a hit. The album went on to sell a reported 17,000,000 copies worldwide.

In 1997, Hill took a break from the Fugees and recorded her debut solo album in Kingston, Jamaica at Bob Marley's Tuff Gong studio. Hill named the Grammy winning album "The Miseducation Of Lauryn Hill." The album launched her into superstardom, selling a reported 19,000,000 copies.  Hill's talent led to many collaborations, including the R&B hit "A Rose Is Still A Rose" with music legend, the queen of soul, Aretha Franklin.

Hill was met with massive success, having racked up millions in record sales and dollars. Then came the guru and her descent into mental illness. As has become the norm in Hollywood, when stars meet with success, they are approached by leeches, con artists, cults and gurus (crazy Kabbalah and Scientology). Those that let these unsavory characters into their lives, often meet with heartbreak, financial loss and mental illness. 


Lauryn Hill in the 1990s when she was happy after her solo debut
 
Hill, who was able to record songs and do shows at a decent rate, was now struggling to get on stage or into a recording studio booth, all due to the mentally detrimental brainwashing she was subjected to by a cultist named "Brother Anthony." Hill's problems were largely due to said spiritual advisor "Brother Anthony" in conduct fellow Fugee described as, "Some real cult s**t."

Hill was being brainwashed and manipulated. Hill stated in an interview that she went through a time of isolation from the world. Isolating people from their family and friends, who can talk sense into them, is a primary tactic of cults. Psychologists often ascribe said isolation techniques to cults. Hill is still damaged from what she was exposed to, as it destroyed her peace of mind, concentration, focus and sense of balance. She no longer looked happy. Hill began coming across as a depressed person.

If someone is mentally feeding you detrimental things that negatively impact your thought process, mood and outlook on life, of course you're going to become depressed. I encourage people not to think the worst in life. Try to be happy. Don't harm others and don't allow others to harm you. If someone brings negativity and sadness to your life, recognize it as toxic and back away from it. The real God wants people to live with joy and hope, not depression and always thinking of the worst things that could happen. Your mind is not built for that negativity, so stop letting it control and overwhelm you.


After brainwashing from the cult of "Brother Anthony" Hill has been dressing in a manner that has drawn unflattering comments online and she is routinely late to shows 
 
This month, promoters in Atlanta, Georgia had to issue a refund to concertgoers, as Hill showed up 3-hours late to a show she was scheduled to perform. Hill took to the social networking website Facebook to explain to fans who were upset by her tardiness, "I don't show up late to shows because I don't care. And I have nothing but Love and respect for my fans. The challenge is aligning my energy with the time, taking something that isn't easily classified or contained, and trying to make it available for others."

Lauryn, that's a load of crap (LOL). Whoever told you that has done you a disservice, whether intentionally or unintentionally. There's no need for "aligning my energy with time" as you've stated. You just need to align your butt with a clock...as in show up on time (LOL).

Seriously, I know a lot about musicians, music and its history. I'm a walking encyclopedia of music. Therefore, I can tell you what you are suffering from is a form of stage fright. Some singers even have what I refer to as recording fright. There was a singer from the 1960s and 1970s that I read about, who could never get into the studio on time to record. It was her nerves. Label executives would have to try everything, from relaxing rides to flowers, to cajole her into recording studios. It would take hours, as she was experiencing studio fright. Studio time was booked and being wasted at a rate of hours per day, while they tried to coax her into recording studios in New York. She had a real problem with this and it cost her money in studio time (the label charged it to her royalties) and productivity (she could have recorded far more songs in her career had she not incurred this problem).


Lauryn Hill is having difficulties due to a cult

You need to relax and let go of the new age thinking about aligning your energy, as there is no such thing. Drink some green tea, watch a relaxing show or listen to some soothing music, think positive thoughts, then go out there and perform and on time. Alignment doesn't matter. It is all in your head. I think you should spend time with a therapist to let go of all the bad things you have been taught by the cult. It's referred to as deprogramming. It's great to have faith in God. The trouble comes when people try to add manipulative things to it as a means of controlling others, which God never intended.

My advice to Hill is also to tone down the heavily criticized bright make up, wear clothes with neutral, complimentary tones (more pared down) as opposed to the bright multi-colored, multi-patterned outfits that have provoked criticism online and sing. A good singer is a good singer, no matter what time of day or where the vocalist may be. A singer should get proper rest, stay hydrated (but don't overdo it, as you can drink too much water to the point it becomes life threatening), stay away from cigarettes and drugs and do vocal warm ups before performances.

While under the tutelage of "Brother Anthony" Hill also stopped paying her taxes and went broke. Typical cult stuff. Wesley Snipes had also joined a type of cult who deceived him into thinking he didn't have to pay taxes in America. The U.S. government sentenced him to 5-years in prison. Snipes served 3-years and was released early for good behavior. Hill also went to prison for months, due to tax evasion.


Lauryn Hill's new look is being criticized by the public as she appears disheveled and not coordinated
 
For Hill to have sold 19,000,000 records of her debut solo album and over 20,000,000 albums with the Fugees, means she earned millions of dollars. Hill made millions more from touring, songwriting and music publishing. Hill had at least $25,000,000 at one point and by all indications, did not live a very lavish lifestyle. Yet ended up squatting in a New Jersey house and facing eviction. 

STORY SOURCE

Lauryn Hill: I don't show up late to shows because I don't care

May 09, 2016 at 3:05 PM, updated May 09, 2016 at 3:33 PM - Lauryn Hill says that she will 'make it up' to fans after arriving two hours late to a concert in Atlanta and performing for fewer than 40 minutes. After Lauryn Hill took some heat for showing up more than two hours late for her show in Atlanta on Friday night, she issued a response on Facebook, saying her arrival time had more to do with "the artistic process" than anything else.

"I don't show up late to shows because I don't care," she wrote Sunday. "And I have nothing but Love and respect for my fans. The challenge is aligning my energy with the time, taking something that isn't easily classified or contained, and trying to make it available for others."

According to media and fan reports from the concert, Hill arrived more than two hours after her scheduled start time to some boos from the audience. After less than an hour performing, her microphone was cut off at 11 p.m. due to a venue curfew. On Twitter, Hill's lateness became a meme and and of itself, with some chastising fans who expected her to be anything but tardy, given Hill's history of showing up late to shows.

"I don't have an on/off switch," Hill continued in the statement (see the full message below). "I am at my best when I am open, rested, sensitive and liberated to express myself as truthfully as possible. For every performance that I've arrived to late, there have been countless others where I've performed in excess of two hours, beyond what I am contracted to do, pouring everything out on the stage."

Hill, 40, who grew up in South Orange and is scheduled to play Boardwalk Hall in Atlantic City on May 13, attributed her unpredictable concert start times to her "perfectionist tendencies," and said reports of her lateness left out some details...


Lauryn Hill fans can get refund for Atlanta concert
 
May 10, 2016 - 6:16 PM - Lauryn Hill fans that attended the singer’s disastrous Atlanta show at Chastain Park Amphitheater can receive a full refund. Hill showed up more than two hours late to a recent show at the venue and was only able to perform for less than 40 minutes due to the amphitheater’s 11 p.m. curfew. She later issued a statement telling fans that she will make it up to them. No further details have been released at this time.

Live Nation’s Director of Marketing, Holly Clausen, said she can’t speak on all venues and musicians, but they’ve never had an artist show up nearly two and a half hours late to a scheduled show before, so they’ve never had to issue refunds in this manner. “We’re doing this because she only performed for 37 minutes,” she said. Clausen said it is “not for public knowledge” whether Hill was paid for the show.

Tuesday, April 12, 2016

President Barack Obama Hiding Assets Abroad

While Lecturing People About Paying Their Taxes And Keeping Jobs And Money In America
 
 
Barack Obama
 
Recently leaked documents revealed the names of people, including heads of state, who have private bank accounts in Panama. Ironically, U.S. President, Barack Obama, was not mentioned. However, that's because his money is largely elsewhere. Obama has huge sums of money hidden in the Caribbean, which came from investment funds whose ownership traces back to America. 

The sales of Obama's books, along with his salary as president, do not justify the staggering sums, millions of dollars, he has in the international community. It's highly unethical that Obama has grossly and detrimentally meddled in the financial affairs of law abiding citizens he deems enemies in America and abroad, yet is dodging all accountability on funds in the international community that have not been subject to Internal Revenue Service (IRS) taxes and his salary and revenue streams simply cannot justify or substantiate.

Previously it was discovered, former U.S. President, Bill Clinton and his wife, current presidential candidate, Hillary Clinton, have millions of dollars hidden in the Cayman Islands and Colombia. This money is questionably outside the scrutiny of the Internal Revenue Service (IRS). The Clintons, like the Obamas, have moved substantial sums of money off U.S. shores.

Wednesday, February 24, 2016

Rapper TI Signs With Jay Z And Madonna's Floundering Tidal As IRS Moves In To Seize His Assets Over $6,200,000 In Unpaid Taxes


TI and Tiny

Drug dealer turned rapper and reality star, TI, real name Clifford Harris, has just become the latest artist to sign with music streaming service, Tidal, owned by rapper Jay Z and pop singer, Madonna, among others. TI has also signed with Jay Z's floundering record label subsidiary, Roc Nation. The U.S. government, by way of the Internal Revenue Service (IRS), has just slapped T.I. with a third tax lien, bringing the grand total to $6,200,000. 


Jay-Z

The IRS will now begin the seizure of TI's assets if he does not pay his outstanding tax bill. This means the rapper and his wife, singer and reality star, Tiny, real name Tameka Cottle, could lose their Georgia mansion, luxury cars and bank accounts. Serial adulterer, TI, has made enough money to pay his taxes. He has simply refused, opting to spend the money on luxuries to show off for the cameras on his reality show and social networking. If he continues to play games with the government, they will imprison him for tax fraud and tax evasion.


Rihanna and T.I. had an affair

As stated in the column previously, major record labels are not happy with the struggling music streaming service, Tidal, which has botched and killed the launch of major label releases. Tidal botched the latest album release by singer Rihanna ("Anti"), who had an extramarital affair with the aforementioned TI. Tidal also ruined the release of rapper Kanye West's ("The Life Of Pablo") via a deliberate leak in conduct labeled "costly" as the rapper lost $10,000,000. "The Life Of Pablo" is now a Tidal exclusive that has lost steam and relevance, damaging West's career.


Kanye West

Where industry leader Apple Music is working with record labels, Tidal is being selfish and greedy, in trying to save a failed business, at the expense of artists careers and industry averages in America. The music industry in America is in big trouble, sinking fast with record low sales. It doesn't help that Tidal is demanding loyalty from artists they've given dirty, illegal career favors in the past, in failed attempts at keeping a company going the public simply is not impressed with, in demanding they sacrifice their studio albums (and careers) as exclusives for Tidal. Major labels are furious with the stunt. 

Friday, February 19, 2016

Brazilian Judge Orders Neymar's Private Jet, Yacht And Sports Cars Seized In Tax Evasion Case


Neymar

Beloved Brazilian football ace, Neymar, is in trouble in his homeland. The 24-year-old Barcelona F.C. forward is at the center of a tax evasion case. A judge has ordered his private jet, yacht, luxury cars and other valuable items seized until the case is formally resolved. The value of the seized items equal $47 million dollars. According to the Financial Times newspaper, "Prosecutors allege the star used marketing and other shell companies to distribute his earnings in such a way that he paid less tax." 


Neymar in action for Barcelona

The Judiciary Report has written and published to the site, a number of sports articles, some containing items regarding the importance of paying one's taxes. World governments want their tax money. Tax evasion is almost always discovered, then hefty fines and penalties are added. Neymar needs sound financial advice from experts who are held accountable by government regulatory agencies. Considering Neymar is in line for a massive new football contract that could break existing records, he is in dire need of proper financial advice to prevent future problems. Neymar's teammate, Lionel Messi, is also facing a tax evasion case. However, Messi's case is transpiring in Spain.

Neymar

Side Bar: Neymar and Barcelona F.C. are scheduled to play my beloved Arsenal F.C. this month in London, England. As stated on Twitter, I have devised a plan to have the visas of Neymar and their other top footballers, such as Lionel Messi, Luis Suarez and Andres Iniesta, denied by British immigration. So, who do I have to bribe in British Passport Control with a Nandos to make this happen (LOL). 

Held in Heathrow airport until after the Arsenal match. That's right Neymar, go do some skills on the plane on your way back to Spain. Kick the ball over the pilot's head. Messi can nutmeg the flight attendant and not Arsenal (I'm kidding). Seriously, Barcelona is a great team...and so is Arsenal. Regardless of what sport you play, you can't let rivals intimidate you with their stature. Play with confidence and the desire to win.

STORY SOURCE

Judge orders Neymar assets seized in tax case
 
February 16, 2016 7:12 pm - A Brazilian judge has ordered the seizure of a private jet, a luxury yacht and other goods worth a total of R$192.8m (US$47.3m) from Neymar, the country’s biggest football star. The case against Neymar da Silva Santos Junior, who is accused of using shell companies to avoid taxes, mostly relates to his career at the Brazilian team Santos between 2011 and 2013. He is also at the centre of a separate case in Spain over alleged irregularities in his transfer from Santos to Barcelona, the reigning European champions. 

“There were omissions of revenue received from sources inside and outside the national territory,” said the court ruling from a federal judge in Santos. The case against Neymar, who like most Brazilian footballers is generally known by his first name, comes as the country’s elites face increasing scrutiny from regulatory authorities...Prosecutors allege the star used marketing and other shell companies to distribute his earnings in such a way that he paid less tax...

Tuesday, January 19, 2016

New Financial Crisis Hits America Confirming Previous Site Claims


Barack Obama 

Throughout the tenure of U.S. President Barack Obama, from day one to the present, the Judiciary Report has advocated austerity in government spending, a modest tax hike on the rich and an increase manufacturing (Ben Bernake Didn't See The Financial Crisis Coming) to counteract and reverse the 2008 financial crisis that happened due to the damaging policies of former Commander-in-Chief, George W. Bush (How George Bush Destroyed The U.S. Economy). However, Obama did the exact opposite and to America's detriment.

Under the influence of incompetent, mentally ill Hollywood, who’ve spend more time in the White House than any other group combined, Obama used the entertainment industry’s motto of “you’ve got to spend money to make money” and “buy your way out of trouble.” And so, the Obama Administration splashed the cash. Today we see the end result of that folly. America is deeper in debt than it has ever been in the nation’s entire 400-year history. America’s national debt is approaching $19 trillion dollars.

Under Obama’s record spending, he has set in motion what is on track to cause the financial collapse of the federal government. On its current course, a time is coming when there will not be enough money to keep the federal government afloat and it will financially collapse.

To make matters worse, some of Obama’s campaign donors and cronies have looted the U.S. treasury, via shady backend deals that have made them wealthy at the expense of the American taxpayers. They were not entitled to this money. More constructive things could have been done with said stolen funds to benefit the nation, rather than a group of greedy, unpatriotic, thieving scoundrels.

The U.S. stock market is completely unstable, experiencing rollercoaster type activity and massive declines that wiped away $2.3 trillion dollars in one year. America’s top companies are in decline. Walmart, a top grossing American company, is closing 269 stores domestically and worldwide, which will result in 16,000 people losing their jobs. Apple is experiencing serious stock and sales declines.

Other companies in the tech sector, such as Oracle, HP, Twitter and Facebook are also experiencing sales and stock declines. Apple has lost $44.7 billion dollars in value, as sales have weakened.

American banks Citigroup, Bank of America, Wells Fargo and JP Morgan Chase have all lost billions of dollars in value. Foreclosures are also up again in America, revealing the government has not properly addressed the financial and mortgage crisis of 2008 that is rebooting itself and causing misery among homeowners.

Food prices in America are high. I’ve discovered food prices in Britain are on average 30% lower than America. Every American I know is complaining about food prices. It’s not a good sign when working class people can’t afford food. That is a tell tale sign the economy is not in a good way. It also necessitates the need for more food stamps to prevent people from going hungry, which means the government is underwriting that as well, due to the administration's poor handling of the economy.

Unemployment is up. However, reports indicate the Obama Administration has been falsifying numbers and removing millions of unemployed people from national financial data to give a false impression. These millions are incorrectly branded individuals who have given up on finding a job. However, they are still among the unemployed and should be included in the official tally to correctly gauge the financial problems facing the nation. How do you possibly fix a problem you refuse to acknowledge exists.

The corruption and costly illegal spying by the U.S. government has reached an all time high. Obama is blanket spying on the American people, which is unconscionable and perverse. Obama is also illegally spying on Congress to great degrees, which is criminal. Where are the famed "checks and balances" and the "separation of powers" when the president is behaving like a dictator in spying on everyone and trying to control everything.

America is supposed to have three branches of government - executive (president), legislative (Congress) and the judicial (courts). Right now, America only has one, the executive branch, that is spying on, browbeating, bullying and coercing the other two branches into submission and corruption...and to terrible economic results.

During Obama’s final State of the Union Address last week, the president stated America’s military is the most advanced in the world, but he is completely wrong. The Chinese military is far more technologically advanced. There was an incident that revealed the Chinese military has become far superior in the technological realm.

The U.S. Navy was conducting a military exercise in the Pacific Ocean using a technologically advanced American submarine. However, a Chinese submarine with even greater technological capabilities surfaced right beside the American sub and went completely undetected until the U.S. military literally saw it with their own eyes above water. That's just a fraction of what their technology can do. China has also made great strides in space weaponry as well.

America is also not self sustaining. China is a fully functional economy and nation in every aspect, producing all the food and technology it needs. America does not produce even ½ the food the nation consumes or the majority of the electronics the country uses. Most electronics in America comes from China, which became a global force in the past 5-years due to exemplary manufacturing standards that generated trillions in revenues. Fair is fair. They made the products and deserved to be paid for them. I'm not complaining, as I use Chinese products all the time. The point I'm trying to make is America does not occupy the same place it once did in the world and the government refusing to realize that will not help the nation progress.

The U.S. government is spending so much time, manpower and money on fruitless wars in the Middle East, the nation cannot afford to respond appropriately if something truly horrible happens on a global scale. It is a mass of wasted time, money and resources. All the money going into these wars could have greatly improved America's businesses, schools, homes and general infrastructure, making the country stronger.  

There are many imbalances in the U.S. government and economy that need to be corrected. Yet the Obama Administration is in denial and has not remedied the serious problems facing America. You don’t fix problems by covering them up and proverbially "kicking the can down the road" to the next administration, as Bush did and Obama is doing. It just results in a bigger mess and greater problems eroding the nation.

Obama has and continues to devote an extraordinary amount of time in dogmatic, obsessive and alarming bids at destroying his perceived enemies, conservatives, than he does America's enemies, ISIS. It's sad that Obama has spent more time attacking conservatives and Christians in America than he has ISIS.

Americans had to raise a stink for Obama to even admit the terrorist attack on San Bernardino, California this past December was terrorism (Obama Administration Being Slammed By Americans For Refusing To Label San Bernardino Killings Terrorism). When the wave of bad publicity hit him, he finally admitted it.

Meanwhile, reports keep surfacing that Obama continues to use federal agencies like the IRS to financially abuse and attack conservatives and Christians in America. Take a look at Obama's interviews and press clippings over the past year. The majority of his comments are devoted to attacking conservatives, who bear in mind, are Americans. It simply doesn't look right.

STORY SOURCE

A recession worse than 2008 is coming

January 15, 2016 - The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008. Nor do they want investors to believe this environment is commensurate with the dot-com bubble bursting. They claim the current turmoil in China is not even comparable to the 1997 Asian debt crisis.

Indeed, the unscrupulous individuals that dominate financial institutions and governments seldom predict a down-tick on Wall Street, so don't expect them to warn of the impending global recession and market mayhem. But a recession has occurred in the U.S. about every five years, on average, since the end of WWII; and it has been seven years since the last one — we are overdue.

Most importantly, the average market drop during the peak to trough of the last 6 recessions has been 37 percent. That would take the S&P 500 down to 1,300; if this next recession were to be just of the average variety. But this one will be worse...
 

The uninvited guest: Chinese sub pops up in middle of U.S. Navy exercise, leaving military chiefs red-faced

Last updated at 00:13 10 November 2007 - When the U.S. Navy deploys a battle fleet on exercises, it takes the security of its aircraft carriers very seriously indeed. At least a dozen warships provide a physical guard while the technical wizardry of the world's only military superpower offers an invisible shield to detect and deter any intruders.

That is the theory. Or, rather, was the theory. American military chiefs have been left dumbstruck by an undetected Chinese submarine popping up at the heart of a recent Pacific exercise and close to the vast U.S.S. Kitty Hawk - a 1,000ft supercarrier with 4,500 personnel on board. By the time it surfaced the 160ft Song Class diesel-electric attack submarine is understood to have sailed within viable range for launching torpedoes or missiles at the carrier.

According to senior Nato officials the incident caused consternation in the U.S. Navy.  The Americans had no idea China's fast-growing submarine fleet had reached such a level of sophistication, or that it posed such a threat. One Nato figure said the effect was "as big a shock as the Russians launching Sputnik" - a reference to the Soviet Union's first orbiting satellite in 1957 which marked the start of the space age. The incident, which took place in the ocean between southern Japan and Taiwan, is a major embarrassment for the Pentagon...
 

Wal-Mart to shutter 269 stores, 154 of them in the US

Jan 15, 6:00 PM EST - NEW YORK (AP) -- Wal-Mart is doing some rare pruning. The world's largest retailer is closing 269 stores, including 154 in the U.S. that includes all of its locations under its smallest-format concept store called Wal-Mart Express. The other big chunk is in its challenging Brazilian market.

The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue. Wal-Mart Stores Inc. said the store closures will affect 16,000 workers, 10,000 of them in the U.S. Its global workforce is 2.2 million, 1.4 million in the U.S. alone. The store closures will start at the end of the month...
 

Market crash robs $2.3 trillion from investors

7:22 p.m. EST January 15, 2016 - The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year. The giant companies that predominantly populate the Standard & Poor's 500 have fallen an average of 8.9% this year — which, when translated into dollars, is real money. Real big money. The S&P 500 is down 8% this year already — including another 2.2% Friday — in what's been the worst start to a year ever. Since the market peak on May 21, 2015, the market has declined 11.7%.

The biggest wealth destroyers in the S&P 500 from the high have been gadget maker Apple (AAPL), pipeline company Kinder Morgan (KMI) and corporate software company Oracle (ORCL) — crushing $218 billion, $63.5 billion and $49.8 billion in market value, respectively, from the May 21, 2015, top.
 

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Monday, September 7, 2015

Tiny And TI Live Lavishly On TV But Owe The Government $4,500,000 In Back Taxes Resulting In IRS Liens


TI and Tiny

On their reality show "Family Hustle" rapper TI (Clifford Harris) and his wife, singer, Tiny (Tameka Harris), try to present an image of wholesomeness and teaching their children to do the right thing (never mind TI is an adulterous, song stealing rapper, who is apart of the disgraceful "Blurred Lines" copyright case and others). Therefore, it is a contradiction to their conduct on the show that the two millionaires have not been paying their income taxes.

A recent report in the New York Post indicates the couple owes the U.S. Internal Revenue Service (IRS) millions of dollars in back taxes, which resulted in the government agency slapping them with two federal tax liens totaling $4,500,000. The liens are for non-payment of taxes for the years 2012 and 2013. All that time they were flashing their wealth on television (the IRS does watch TV too).

The couple have made millions of dollars from music, movies and their reality show. TI recently opened a restaurant in Atlanta, Georgia, which required money. On the reality show "Family Hustle" the couple live in a large $4,500,000 Georgia mansion and drive several luxury cars. They take expensive trips and go on shopping sprees. However, the IRS didn't get their cut of the couple's earnings and are pursuing action against them for failure to pay taxes.

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Friday, May 29, 2015

Entertainers And Athletes Who Have Been Robbed By Financial Advisers And Managers And How To Avoid The Same

 

Manny Pacquiao

Many entertainers and athletes have been robbed by their financial advisors and managers. This has occurred for various reasons. Sometimes navigating the waters of fame and fortune for the inexperienced, proves too much, so they rely on others, who sometimes turn out to be untrustworthy and unethical. Entertainers and athletes need to be aware of the pitfalls when choosing representation regarding their finances. There are many sharks in the industry who will take advantage of you if they can.

Beloved Filipino boxer, Manny Pacquiao was ripped off by his accountant/financial advisor. Money was stolen and the boxing star’s taxes not paid, putting him in a difficult predicament. The truth came out when his accountant died of a stroke and all the paperwork he hid from Pacquiao revealed the discrepancies in how the star's finances were improperly handled. Pacquiao has since earned millions more from recent fights.

 

Billy Joel

Superstar singer and gifted musician, Billy Joel, responsible for some of the biggest pop hits of the past 30-years, was robbed by his brother-in-law, who acted as a financial manager. Joel’s brother-in-law stole $15,000,000 the star has not recovered to this day. In speaking about the incident during an interview, one can sense the hurt Joel feels that someone close to him betraying him in this manner. 


Steve Harvey

Well-know comedian and talk show host, Steve Harvey, lost millions of dollars when his financial advisor ripped him off and left him owing a massive amount of money in back taxes to the U.S. Internal Revenue Service. His adviser failed to submit tax payments for years and pilfered Harvey's funds as well. Harvey had to greatly increase his workload for a significant period of time to pay the back taxes owed to the government, in a debt that has now been settled.


Jerry Supiran

Former child star, Jerry Supiran, 40, made many appearances on hit shows in the 1980s and early 1990s. He is most famous for his role as Jamie on the 1980s hit sitcom “Small Wonder.” However, a Supiran states a former advisor and a stripper he dated ripped him off, stealing $500,000 of his money. This sent Supiran’s finances into disarray. He tried to find work and was employed as a waiter before the restaurant closed down. In 2012, Supiran ended up homeless. The Judiciary Report has repeatedly warned against dating/marrying promiscuous people and gold diggers. They have bankrupted many people.

 

Gary Coleman

Former child star and actor, the late Gary Coleman, made millions starring on the 1980’s sitcom “Different Strokes” and via related deals. The hit show led to many financial opportunities. However, Coleman’s adoptive parents, as well as a gay Michael Jackson impersonator he began living with, stole his millions. Coleman ended up bankrupt and very bitter. He went from being a top star on television to a security guard in a discount store, where a lady harassed him, resulting in a physical altercation and arrest.


Grace Jones

Legendary model/singer/actress, Grace Jones, ended up bankrupt after her accountant made off with millions of dollars she’d earned in her career. The money was not recovered. Jones began working again, earning more money from various projects. Jones later married a wealthy Englishman and now lives in Britain.

Many entertainers and athletes do not have degrees but there are a few basics that can help keep you on the road to financial freedom and economic stability: 
 
Do not give anyone power of attorney over your finances, as this will grant them the right to spend and move your money around as they see fit. Power of attorney grants them the right to take out small or large, in your name. Power of attorney grants them the right to purchase homes and cars in your name, as well as take out lines of credit and credit cards. 

Be in control of your finances. Sign your own checks to pay bills and to cover other expenses.

Do not give others credit cards/debit cards on your major bank accounts. It is one thing to have a small household account with money in it to pay utility bills, buy groceries, pay the gardener ect. Assigning a debit/bank card on a small account such as this to a parent or spouse to pay household bills is fine (with a limited overdraft). However, the bulk of your money should be in secured, government backed bank accounts that are not accessible to others. 

Buy a house, even a small one, when the financial opportunity presents itself. Buying is better than renting, as that's putting money back into your pocket via home ownership. You can rent a room in the property to someone you know or apply with the local government to add a one bedroom/one bathroom flat/efficiency/in-law quarters in the backyard or onto the home and rent it each month. The rent from a decent flat/efficiency/in-law quarters can pay your mortgage every month over cover 50-70% of it.

Do not overspend. You do not need a million cars and a million pieces of jewelry. You do not need to try to keep up with the Jones or give off a public appearance of great wealth when your bank account reflects otherwise. Live within your means.

Do not overextend yourself. Buying houses, cars and jewelry beyond your financial means and not factoring in additional costs such as real estate taxes, property maintenance and insurance costs can result in foreclosure and property repossession.

Discipline yourself to check the balance on your bank accounts on a regular basis. You can check your balances every few days or weekly. It is your money and financial future. You can take some time out of your day to check what is transpiring with your bank accounts to ensure no identity theft, theft or overpayments have occurred. You'd be surprised how many entertainers and athletes don't know how much money they have and are surprised to find out they are either being robbed, overcharged or taken advantage of.

Go into the bank and talk to them about your finances if there is anything you are unsure of regarding what your accountant and financial advisers are doing in your name.

Learn to save money in government insured savings accounts. You do not have to spend everything you earn every time you get a paycheck. It is inadvisable. Learn to put something aside in a savings account(s).

Put aside money from your paychecks for taxes as well. Speak to a qualified accountant and the government tax collection bureau of your country to find out the tax bracket you fall in regarding the percentage of your income you owe in taxes. Don't hide it from them, as they'll find out anyway. Double check with the government what percent of your income you owe, to verify your accountant is paying the correct amount to the government and not skimming/stealing any of the money, claiming the entire figure went to taxes.

Which brings me to my next point - pay your taxes. World governments will take your possessions and assign penalties in financial fines and interest if you do not remit the money owed. Anyone telling you that you do not have to pay taxes or proposing a tax avoidance scheme to you is sorely misinformed or straight out lying. The government will find out and it will cost you more in financial penalties than you originally owed for trying to dodge paying your taxes in whole or part.   

Avoid risky investments. There are risky financial investments that claim you will become rich overnight, but it is often not so. If it was that easy everyone would do it. Think about that. Do your research before you invest. As the phrase goes, if it sounds too good to be true, it probably is.

Watch out for opportunistic people, both men and women, only after you for your fame and burgeoning bank account. You don't have to be mean to them, just make a mental note of what they are truly like and protect your finances and name, not to mention your heart. Some people have been badly betrayed by people they thought they could trust. At the end of the day, you have to shake it off and move on, realizing some people will tell you (and others) anything you want to hear to get money out of you or use you as a stepping stone to fame and fortune. Learn to be a good judge of character. People who truly care about you won’t want anything from you other than your time.

It's not the best idea to let people know exactly how much money you have to your name. Some, not all people, will become envious and start scheming on ways to get it. Some people will even plan robberies or try to blackmail you. Some women will entrap you with pregnancies in trying to ensure a paycheck until the child is an adult. Others will try to borrow large sums of money and take the position that you funds and they don’t need to repay you when promised or at all. You have nothing to prove to anyone in telling the world exactly how much money you have, as in the past it has proven a risk for many people. 

Try to start a small business. A good business can support you for the rest of your life, beyond your career in entertainment and sports. Do not spend too much money on this endeavor, especially if it will place you in a financially precarious situation regarding your other financial obligations. Do your research. Seek sound legal and business advice. Compare prices for goods and services that are quoted to you, via online searches and asking around.

When signing contracts, make sure you understand what you are signing. Do not sign your financial life away on any document. If you do not understand something that is written in the contract, do not be afraid to ask, even voicing your question in writing to create a paper trail. So if anyone tries anything in the future or tries to claim something other than what you agreed to, you can present the written statements requesting clarification, necessitating the other party to respond in writing and save their answer for future reference. 

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