Archive for February, 2011


THE ARMY OF EXPECTANT MOOCHERS

NOW OUTNUMBER TAXPAYERS

SOURCE: Independent Living

The list of moochers you and I are expected to permanently bank-roll continues to mushroom by leaps and bounds.  It now includes:

  • Incompetent banksters;
  • Politically-connected “entrepreneurs” in protected classes showering themselves with stimulus booty;
  • Lexus-driving stock brokers who ought to be driving cabs;
  • Union thugs running state-controlled auto makers as they angle for control of other industries;
  • Government-backed mortgage crooks;
  • A miscellaneous and growing list of assorted federally-funded “zombie” corporations.

This does not even take into account all of the out-of-control entitlement programs, which were already running us at breakneck speed toward a financial cliff even before Obama took office.

In addition to the armies of militant moochers camped out on Congress’ front door, the Congressional budget Office (CBO) is warning that tax revenues have fallen so far that the entitlement crisis they were projecting to be a decade away is now imminent.

THE DEATH THROES OF DEBT-DRIVEN CONSUMERISM HAVE

THROWN THE GOVERNMENT INTO A DANGEROUS STATE OF OPERATIONAL INSOLVENCY

Source: Independent Living

Make no mistake: The ever-mooching political class who run the corrupt federal establishment know they risk losing their perks and power if the Treasury continues to run short of cash.  They are a threat to law-abiding, but unprepared, Americans of virtually any means.

In this unprecedented funding crisis – if it comes down to a choice between bureaucrats protecting their interests vs. taxpayers’ interests – you can bet your last dollar the taxpaying middle class are the ones who will get screwed.

In addition to being ruthless and desperate, the political class is deeply infected with a sense of entitlement – to YOUR money.

And, as bad as things are, the truth is even uglier, even deeper.

It’s taken decades, but the political imbeciles in Washington appear to have finally killed the goose that lays the golden eggs of the American Dream – our once fabulous, job-creating private economy.

Looted by lawyers, crippled by draconian regulation,

castrated by job-killing taxation, and micromanaged to

near-death by evil, incompetent, power-seeking

ninnies – America’s once-great system of

entrepreneurship is on its deathbed.

Our debt-driven consumption economy as we have known it is also dead.  And with its passing comes the greatest tax collection crisis government has seen in our lifetime.

Put simply, the economy no longer has the strength to continue funding political schmucks and other taxpayer-dependent parasites in the lifestyle they have come to expect and continue to demand.

 

I’M NOT SITTING AROUND WAITING TO BE FLEECED.

HERE’S MY PLAN TO SURVIVE AND PROSPER!

Only an airtight, ahead-of-the-curve, self-protection plan can shield you, your family or your business from the onslaught of IRS audits and other government tricks soon to be unleashed against unsuspecting taxpayers.  I’ll reveal just such a plan right here.

You see, the “good” news is desperate federal officials will go for the easy pickings first – namely the majority of people and businesses who don’t understand what’s coming and fail to prepare.

I continue to firmly believe in the importance of avoiding the herd.

Put another way, if an angry bear (okay, the IRS) is chasing you and another fellow through the woods, you need not be faster than the bear; you only have to be faster than the other fellow.

I’m going to make very sure that as one of my readers, you will not be among the millions of taxpayers who get caught flat-footed in the coming IRS collection jihad.

With the information I’ve collected for you in this briefing, you will be among a select group of forward-thinking Americans who…

  1. Have a permanent, fool-proof, stress-free insurance policy against any IRS audit – guaranteed.   (Maybe its time to add a Private Pension Plan)
  2. Know how to audit-proof and penalty-proof your tax return, so leering IRS bureaucrats will look past you and move on to easier prey.
  3. Possess specific insider knowledge on how to turn your favorite hobby into a business without running afoul of the IRS or the law.  (This will enable you and your loved ones to continue to bring in money and enjoy some great tax breaks even as job opportunities continue to evaporate.)
  4. Can spot, respond to, and utterly defeat automated IRS “correction notices” being sent out to millions of people who don’t owe money.  (Over HALF of these notices are completely wrong, yet most terrified recipients pay up anyway.)

My point is you don’t have to let yourself become a victim in the Obama administration’s coming taxpayer audit blitzkrieg.

I am doing this not only for my clients, but also for my loved ones, friends, associates, and personal acquaintances.  (For the most part these are very busy people who haven’t invested the time to discover the horrific financial pressure our bloated central government is under, or detecting how the government is desperately gearing up to raise cash.)

GOVERNMENT REVENUE-

COLLECTORS ARE DANGEROUSLY DESPERATE

The stage is set and the die is cast: U.S. taxpayers (you and I) are about to endure a withering reign of cash-and-asset-grabbing by a financially desperate, totally bankrupt (financially and morally) federal establishment.

There is absolutely no precedent in 230 years of U.S. history

To match the government’s current cash crisis.  (Not an

Exaggeration, as I explain shortly.)

From the solvency point of view, the federal government is hungry, concerned, potentially rabid animal.  Even the family dog will turn around and bite you if he is hurt or threatened.

And that goes double for bureaucrats faced with the loss of their perks and power in the worst tax revenue crunch the modern political class has ever seen. 

In addition, these bureaucrats have a personal stake in putting the squeeze on the assets of ordinary taxpayers.

It used to be police, firefighters, and military people (all of whom put their lives on the line) got generous life-long pensions, on grounds they had physically more demanding and dangerous jobs.

But that benefit has been extended to literally millions of civilian federal and state level bureaucrats.  Work 20 years as a federal employee and you get a VERY generous pension.  Same is true of many state workers.

Yet most of those arrangements are now threatened by a severe tax collection crisis.  So bureaucrats’ motives are quite personal – protect their pension gravy train, in addition to simply wanting to spend more.  They really see it as an us (bureaucrats) vs., them (individual taxpayers, small businesses, etc.) situation.

History is being made.  As a taxpayer, you are at ground-zero of the federal government’s unprecedented bankruptcy crisis.   Meaning if you don’t take sensible precautions now, cash-desperate IRS agents are going to turn their problem into your problem.

That’s why I am writing today – make sure you are prepared for the day when the IRS goons come knocking.  Or better yet, so well prepared that they choose to knock on someone else’s door instead.

OBAMA – IRS PLAN

HERE IS EVERYTHING YOU NEED TO KNOW….

(Source: Independent Living)

Only an ostrich with its head in the sand could miss the obvious fact that the U.S. government’s finances are crashing.

As seen in a video clip that’s drawing attention on YouTube, Mr. Obama conceded, “we are out of money now.”

But one point the talkative Mr. Obama is not so eager to discuss openly is exactly how he plans to refill the depleted Treasury to pay of his bailouts, Obamacare, and the federal government’s out-of-control entitlements.

As I’ll reveal here in detail, Obama has gift-wrapped and handed to the IRS its most deeply-coveted prize – a green light to go after U.S. taxpayers tooth and nail.

Obama’s funding emergency is so severe, The White House

Has quietly authorized the IRS to suck up every greenback

That isn’t nailed down, no matter what.

Obama’s admission of the patently obvious – that the till is empty – came just as he unveiled his latest budget, which even his pals at the New York Times  sheepishly admit doubles the number of IRS enforcement auditors – and that’s just for starters.

Oh yes, the need to collect more tax money is yet another “emergency” (and thus an opportunity) for this White House.

But the shocking circumstances of the federal government deep debt – in addition to its scary cash-flow problems – are far greater than the White House, Congress, or their media lapdogs will ever fess up to.

 

THESE PEOPLE (OBAMA & FRIENDS) JUST WON’T STOP 

We’ve been discussing the value of a Private Pension Plan, the need to get money out of the tax system forever.   We’ve made you aware the Obama administration wants to take control of your 401K’s and other Qualified Plans by forcing you to invest with the government or lose your ability to deduct the money you invest into your Plan.  I’m not certain that will happen but depending on who is elected and if this President has four more years after his first term the odds are high that they will take control of our retirement plans which makes owning a Private Pension Plan even more valuable to you. 

There is another problem on the horizon and over the next several weeks there will be a series of articles about what we already know, that the government is out of money and is looking for ready cash for their spending sprees, entitlements and other social programs. If given the opportunity they will continue spending and spending until they have bankrupted the financial system in this country as we know it.  We will have a series of five articles that will follow, talking about Obama, the IRS and their plans to fleece America to get them more money to spend.  As you read these articles they will give you credence why it’s in your best interest to get as much money out of the tax system and give yourself financial security no matter what the future brings.