Thanks for the birthday call guys. I agree with you Doug people are going to get what they asked for. They are also talking about not allowing deductions for interest on a house. Think what that will do to a housing industry already in trouble.
Now to a couple of stories in the news and then we’ll get to the family, I promise. First up, we have Vladimir Putin and the Russian people warning us about the path to socialism we are on and the big O’s misguided plan for America, check this out, pretty disturbing coming from Russia! After all, who knows better about socialism and communism than the Russians?
You know there’s trouble on the horizon when leaders of formerly Communist countries are warning Americans about the dangers of redistribution, taxation and the centralization of monetary and economic policy.
He is a Communist without question promoting the Communist Manifesto without calling it so.
How shrewd he is in America.
His cult of personality mesmerizes those who cannot go beyond their ignorance. They will continue to follow him like those fools who still praise Lenin and Stalin in Russia. Obama’s fools and Stalin’s fools share the same drink of illusion.
Reading Putin’s speech without knowing the author, one would think it was written by Reagan or another conservative in America. The speech promotes smaller government and less taxes. It comes as no surprise to those who know Putin as a conservative. Vladimir Putin went on to say:
“…we are reducing taxes on production, investing money in the economy. We are optimizing state expenses.
 The second possible mistake would be excessive interference into the economic life of the country and the absolute faith into the all-mightiness of the state.
There are no grounds to suggest that by putting the responsibility over to the state, one can achieve better results.
Unreasonable expansion of the budget deficit, accumulation of the national debt – are as destructive as an adventurous stock market game.
During the time of the Soviet Union the role of the state in economy was made absolute, which eventually lead to the total non-competitiveness of the economy.
That lesson cost us very dearly. I am sure no one would want history to repeat itself.â€
Source:Â Pravda
There should be no question as to whether President Obama is a Socialist. But socialism is just the appetizer; Communism is the main course.
His rhetoric, and more importantly his actions, have left no doubt that his personal ideologies are rooted within a concept that has been vehemently rejected by Americans throughout our nation’s history:
By all accounts, the ideas of Marx fundamentally transformed the face of the planet – and not necessarily for the betterment of society. If anything, his ideas have led to less personal liberty and more State control over every aspect of the peoples’ lives.
Despite its failures, however, there are many who, perhaps unwittingly, still support Communism’s core principles.
In fact, at least 60 million Americans (51%) support such left-leaning socialist/communist policies, as evidenced by our last Presidential election. To them, there exists a Utopia where the rich, wealthy and those deemed “more fortunate†can be pillaged to create equality for all.
But like all illusions, and regardless of President Obama’s best efforts to create a perfect society, State control over food, housing, technology, travel and the general economy will end in complete and utter failure.
We need look only at the Soviet Union to understand what the end result will be.
President Obama wants to fundamentally transform the United States of America. He and the rest of our elected officials are doing their damnedest to make that happen.
Now this is pretty freakin scary, the misses and I just don’t understand how half the people in our country can’t see what’s going on. If you look at the facts, and not the sound bites on tv, you cannot dispute this, wake up people, before it’s too late.
Ok, next, a follow up to yesterdays blog and then that’s it, I promise. Here’s the story about why and how the gov wants to take your money in your IRA and 401K and how they are going to justify it. If we had a bunch of money in one of these investment vehicles, we’d get it out now before it’s too late. Once the gov makes their move, it’ll be too late. Don’t think it’ll happen, well hopefully it won’t, but what if it does?
We know the government wants to go after them next; your 401k and your IRA. They want to tap into private pensions. It’s just another step towards the socialized society that they are moving towards.
A 2012 study by the Investment Company Institute illustrates that U.S. retirement assets total $18.5 trillion (two components of which are $3.5 trillion in IRAs and $5.1 trillion in 401(k) plans). This presents a very tempting target for the administration to help fund a spiraling budget deficit that is approaching $20 trillion.
Your retirement 401k and/or IRA plans may be slated for dramatic changes ranging from limiting deductions, to retroactive taxation and to possibly include a nationalization scheme by imposing government mandated plans on employers with savings allocated to Treasury bonds.
Today’s 401k and IRA plans allow you to contribute and save money tax free. You are taxed when you take it out, later, presumably at a lower tax rate since you will be retired earning less income then. It is a great way to help save and build a safety net for your retirement years.
The problem is… the current socialistic thinking is more like the following… “We are denying the federal government the tax revenue it deservesâ€. In other words, we all are serfs of the government and by deferring our tax until a later date, we are denying them the money they deserve today… as though it all belongs to them to begin with.
You see, you’re costing the government by saving more of your money.
Why don’t we just nationalize the 401k’s? or Stop contributions at $5k?
With the so called ‘fiscal cliff’ looming near, more stories are popping up in the news regarding the notion of some form of government intervention with your IRA’s and 401k’s. Beware. They are desperately seeking revenue. Desperate people (governments) do desperate things.
What can you do about it? Pay attention to what is happening. Search out details. Listen for it in the news, that is if you can even find it in the mainstream. Write, phone, or email your congressman of your opinion. You must NOT do nothing. Instead, do something. That is, if you care.
Find Your Representative
Find Your Senator
Ok, enough said, do with this information what you will. If it was me, I’d go with better safe than sorry. After all, how much money are you making in interest on your 401K these days anyhow?
Ok, now to the family which is all some of you want to read about. I just have to put the other stuff in first or some of you’d never read it, sorry.
Both boys made it to school early as we had a meeting with a couple of teachers. After that we made a quick trip to Subway for the oldest guys lunch and then were home. I had a meeting downtown and was home by about 11ish. I then loaded up the misses and we went to Parisi (a great italian restaurant) for lunch and to order the food for our party next Friday. The misses and I had a nice lunch, ordered up our catering, grabbed a pizza for the boys for when they were home from school, and then headed for home.
The boys had chess club so we had an extra hour to run to Costco. The misses picked up the boys at 4pm while I was at the gunsmith having some work done on a rifle. By the time I made it home, it was almost dark as the sun sets a little after 5 these days.
We then watched some tv and the misses and I went to bed around 8 while the boys watched until around 10. The misses rolled over in bed and woke me about 4 and I couldn’t get back to sleep so here I am at 5am. Of course everyone else is still fast asleep. When I’m through here, I’ll head to the gym.
Today we need to find Santa for a quick picture with the boys and then we’ve been invited to Chelsea’s house at 4pm. Chelsea is the daughter of our good husband and wife friends who are dermatologists. In fact, Chelsea too is a dermatologist. She said she’s invited her Mom and Dad over too so I guess it’s a mini party. The main purpose of going over was the misses is helping to design her nursery as she has a 1 year old and another baby on the way. So that’s where we’ll be headed at 4.
Good news for those of you in Sacramento, looks like the misses and I might drop in for a day. You see I need 1600 more miles to keep my status on United so I need to take a trip. Of course this is subject to flight times, and if maybe we can get Uncle T and Aunt B to watch the boys for 1 day. Otherwise I’ll just fly to Los Angeles, get off the plane and get right back on another and fly home. We’d bring the boys but that’s about $500 we just don’t have. The misses and I have unused tickets so we fly for free. We’ll keep you posted.
Well that’s it, please check out the above information on your own, you don’t have to take my word for it, google some facts on your own. The point is, most Americans don’t think for themselves anymore, they get all their news from the media and take what they hear as 100% true.
Have a great weekend and God Bless.
Eleanor Tafoya says:
Thank you for the lovely comments, Grandma Eleanor.