Newsletters - Past Issues

An update on Real Estate Merry Christmas

Money Matters kicks off January 2019 on January 5, 2016 NOON PST on KVMR FM and Moneymanagementradio.com.

 

Marc's notes:

Wondering what is up with real estate lately? Keep reading!

 

Approved 184160


 

Money Update- Fixed income sells off. Money Matters airs Thursday. UPDATE 12/14/2016

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A note about driving from my son Kyle:

Tragic Event

            Have you ever been told something to look out for but you don’t pay any attention to it because you think it won’t happen to you? This is what I did when my dad would tell me something to look out for when I was driving. He always would tell me stories of what has happened to him in the past or what happened to his friends. I listened but I didn’t fully understand because I couldn’t relate.  I never thought that these things would happen to me, so I didn’t take them seriously, until one day.

            It was around nine o’clock; my family and a few friends were in the car as we were coming back from a party. I was in the driver’s seat with a full car of passengers. My experience as a driver only went as far back as five months, which was when I got my permit. This wasn’t a lot of time but no amount of experience could have prepared me for what was about to happen.

            Right before we got home we almost got into a car crash. We saw a car cross in front of us from the other lane. At first we thought he was just turning into a driveway too fast until we saw the head lights turn and come straight for us. I hit the brakes and swerved into the oncoming lane as the other driver passed us on the right side. As he passed us he ended up taking out a few road markers as he drove into the ditch to avoid the car behind us.  After he avoided both me and the car behind, he drove out of the ditch and kept on driving like nothing even happened. This left us in a state of shock and confusion.

            When we got how we couldn’t believe what has just happened.

            We called the police and reported what happened. My dad’s stories became important to me. I realized it was very possible for anything to happen. There are a lot of crazy people out there and we always have to be aware. I never thought something like this would happen to me. This changed my viewpoint of how I can learn from someone else’s experiences.  Now when my dad or someone else tells me something to watch out for, I pay close attention so that I can avoid the same unfortunate event.

There by the grace of God go I.

 

"Watching the markets so you don't have to"

Jambo and talk Thursday,

Marc

 

(Recent trip to midwest for new licensing and check out new investment)


 

Update post election- Read November 20, 2016

 

 

Money Matters airs December 1st, 2016 at noon PST.

 

Thank you to all supporters to our matching funds program Turkey Matters. Participants helped feed many during the upcoming holiday!

 

Marc’s Notes:
Well it has been a while since I posted a newsletter. I didn’t realize it had been so long until I got a few emails from folks thinking they got kicked off the list serve! No you did not, I just got busier (as in very) and lost track of time.

My apologies. It has been busy with the election and all the new stuff I have been doing to improve our services. Also another new station in New Mexico picked up the news and show. That makes about 40 stations so far. Money Matters is also now being carried in some newpapers around the Roseville/Rocklin area. I am not sure exactly how many as one company handles many papers. If you see a Money Matters article down the hill, email me where and in what paper. That is all for now. Stay tuned for yet another surprise announcement in the weeks to come. Now on to business. 

 

On the markets:

What a wild ride. First looking to open down 900 points on the Dow the day of the election to actually ending up when markets opened. The Dow screamed up about 850 points in the days that followed and gold fell. Other anomalies took place such as technology issues falling hard. Also falling hard was fixed income which are the majority of holdings for the proverbial widows and orphans. We also hold a good amount of fixed income so balances fell uncharacteristically. When fixed income falls their yields go up. The higher yield tends to entice buyers so it can be self-correcting and I was not too concerned.  Now that it has been a few days, hopefully markets will stabilize. We took somewhat of a more positive outlook and stance but will not go too far until the Fed meeting in December. Asset rotation (buying of one thing while selling another) was at a very fast clip. This caused balances to bounce all over for many investors. Never sell into a panic it is said. I agree. We will watch the markets and look for clues. I have high hopes for 2017! One number one concern as always is minimize any losses while looking to participate in rallies. 

 

Interest in talking about investing? Email me. We have multiple strategies from principal protection to all growth potential. The combinations are endless and no matter what kind of investor you are, we can help.

 

New services:
I spent the last 6 weeks obtaining a new California Insurance License (#OL34249) with certifications in:

Life Insurance

Accident and Health

Long Term Care

Annuities  

(See the synopsis below for our new services)

 

It was a whirlwind month with lots of study and lots of tests. One particular California state test was only given in Sacramento the day after Thanksgiving. What the hell?

So the Dept. of Insurance directed me to a Reno test center on November 8th. I had to go the Midwest to look into investments so I detoured to Reno and passed that particular test then moved onward. I previewed two investments for us, one there and one in San Francisco earlier in the month. Nothing like boots on the ground for the best view.

While in open meadow country I got to eat Midwestern BBQ overlooking incredible mountain ranges. It was a brief respite on the deck with new friends then back to California to keep working. Both investments look promising but I am still doing research to see if it might be something we can offer you.

I will be contacting clients in the next few weeks to update on new products and answer any questions. Tune into the show, read the articles and enjoy your Turkey.

Jambo!

Marc

 

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With the presidential elections now over and at least a partial ending to the circus of the absurd that it was, the economic question now on everyone’s mind is what will happen to the stock market in the coming days, weeks and months ahead.

 

The markets illustrated their continuing volatility with a wild pre-market indicator on election night showing a drastic start to the next day’s markets as Trump moved ahead during the vote counting only to turn back positive once it was confirmed he had actually won. What a wild ride it was for aftermarket traders!

 

Markets rocketed higher the next day and continued to do so at least for the first few days and at the time of this writing. Assets that benefitted initially were gold, stocks in general, healthcare, Russian markets and others. Interest rate sensitive issues such as bonds and utilities languished.

 

The thinking, at least during the first two days, apparently was that interest rates will rise faster under Trump than was initially expected with a Clinton victory and that more money will be spend on infrastructure and rebuilding certain areas of the economy, boosting company profits.

 

Trump’s talk of an amnesty period for repatriation of corporate overseas assets boosted a few asset classes but technology assets strangely did not exhibit the strength other areas saw.

 

The markets are likely to do some more digesting of what this all means for at least a few more weeks as upcoming statements from Trump will gradually give investors a window into just exactly what his plans are as far as the economy is concerned.

 

Tightly tethered to monetary policy as the market has been in the last decade or so since the start of the housing blow up and banking crisis, what the Fed does under a Trump administration will likely cause continuing volatility in the markets as the Trump show continues to unfold.

 

Since markets never do what anyone expects them to do, trading this market is likely to be next to impossible to accomplish with any sort of certainty at least for a while.

 

It is probably prudent for the average investor to sit tight and let the markets settle down a bit before committing large sums of money in any one direction or in any one area.

 

The old adage of keeping a certain amount of one’s portfolio in a cash position to smooth out volatility and retain purchasing power for the possibility of better prices down the road may be the best advice for the average mom and pop investor. 

 

Our customer portfolios as mentioned in our last musing have been neutral to market negative since about June and although we are now moving toward a more positive stance in recent days, we are still cautious about what might be ahead and therefore are not committing too much new money too quickly.

 

My advice to readers continues to be to consult a qualified financial professional for your investing needs and remember, no one can predict market movements anytime, anywhere. This article is not a recommendation to buy, sell or hold any securities and should not be construed as investment advice.

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Public and large corporate pension plans are widespread, vast in numbers and hold trillions of dollars in the aggregate. They also are the lifeblood of many Americans.

 

Public plans include coverage for federal employees, state and city employees, public teacher’s pensions, large university systems and many more.  Private company plans cover vast numbers of workers. The list is endless and varied and it is estimated over 20 million people depend on or will depend on them for providing income through their golden years.

 

But a disturbing report out from Moody’s’ Credit reporting agency gives us some eye-popping estimates as to what is promised versus what these plans actually have on their balance sheets. In other words, like so many other balance sheets these days, the shortfalls are becoming ominous.

 

The problem lies in the zero to near zero interest rate environment that exists in our monetary world today. The Federal Reserve has pegged their target rate close to zilch (that’s zero in laymen terms) for about 7 years now.

 

That means fixed income investments like bonds and other debt instruments don’t pay not nearly as much as they used to since they have to compete with the Fed rate. Due to their perceived relative safety, pension managers lean toward fixed income products to stack their portfolios so when interest rates drop so does the yield on their portfolios.

 

The problem is further enhanced by the way pensions figure what they will earn versus the amount of money they have to keep on hand and how they balance their books.

 

Based on historical interest rates being much higher, their models have gotten ahead of themselves.

 

Assuming the Feds rates of near zero were going to be temporary emergency measures to address the banking and real estate crisis (the key word here being temporary) many pensions failed to revise their assumed income rates. They failed to do so assuming low rates would give way to higher rates rather quickly.

 

How did this incorrect assumption hurt balances?

 

Incredibly, many plans still assume a return rate north of 7%. This is the crux of the problem.

 

For example, let’s say our local township knows X amount of employees will retire in X amount of years needing X amount of money. Assuming a 7% return compounded, the money the city puts aside will double in about 10 years. Now assume actual rates are at 1%. The money our township set aside now will take 72 years to double. Wham. In ten years’ time, the city’s pension is massively underfunded by about 45%. If more time passes the losses grow exponentially.  It adds up quick under the law of compounding.

 

Now that rates have remained at near zero for so long, if pension managers lower their assumed interest income this late in the game, the amount of cash they will have to commit to meet reserve guidelines would stress their balance sheets to no end not to mention the severe shortage of funds they have to pay off retirees now and in the future.

 

Put simply, near zero interest rates have decimated assumed returns and therefore liabilities have skyrocketed for many pensions plans.

 

Business Insider reports Federal pensions are unfunded to the tune of 3.5 trillion (note the T in trillion). Larry Edelson of Money and Markets says state pension plans are looking at another four trillion in unfunded liabilities.

 

Couple the two together and it equals about 40% of U.S. GDP, a staggering figure to say the least.  Zerohedge reports the top 25 U.S. corporation pension plans are also underfunded by at least 225 billion. This figure doesn’t include hundreds of other large corporations that also use the same models and probably have similar shortfalls.

 

With the stock market reaching new highs and many pension plans also holding equities, the problem may have improved somewhat.  But with the majority of pension holdings in conservative fixed income instruments which are not as subject to market movements, the shortfalls will likely remain at ominous levels before they problem is resolved, with many doubting it can be resolved at all, the damage is that bad.

 

Can you say the mother of all bailouts?


 

Money Matters update October 10, 2016

Its is important each of us who are fortunate enough to have food on our table make sure others have food on theirs. Can I ask your support in feeding the homeless and those in need this Thanksgiving?

Consider giving a buck or two and I will match a portion of the funds to the food bank of your choice. 

Here are some photos of what we are doing at the Food Bank of Nevada County

 

Food bank staff and board of directors (Some of us anyway)

From our garden we provide fresh homegrown vegetables- These we grew ourselves!

 

We serve in incredible 12,000 HEALTHY snacks a week to Nevada County Schools beside feeding thousands a month.

The letters we get from kids are both heartbreaking and uplifting. Can you spare a few bucks to help me help the poor? 

Help me help our community.

 

TURKEY MATTERS IS IN FULL SWING

Can I count on you?  Can our hungry count on you?  Let’s do it!

Its time again for our Turkey Matters food drive for the food banks of our counties.

Help me feed the poor with our annual turkey drive where we buy turkeys for the poor. I do this every year and now ask for community support. The program is easy.  Just make a check out to the food bank of your choice. Do not make the check out to KVMR or me. Make it out to the food bank of your choice.

 

Mail:  KVMR FM   120 Bridge Street, Nevada City, Ca 95959. Attention Turkey Matters.

I will match a portion of the funds with my own money to that food bank and KVMR will forward my check and yours to that food bank. That’s all there is too it! Please consider helping.

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Money Matters airs this Thursday November 3, 2016 at NOON PST 

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Marc's Notes:

With pre- election fireworks not failing to disappoint, as is usual during elections periods, the markets apparently don’t know which way to turn. Having been market neutral to market negative in our portfolios, meaning our stance is one in line with a market going nowhere to perhaps even going down, and being that way for more than three months now, we, like the rest of the world, are wondering where the markets may go once the new president is sworn in.

 

With a Hillary win now looking more likely since the Donald was caught talking locker room to an extent that may have shocked even the staunchest of supporters, prognosticators are forecasting a Hillary shoe in. Of course, the election, like the market, loves fooling most of the people most of the time and calling elections, like calling markets is a fools game even for me.  One can only guess once again as to what president will cause the markets to either rise or fall after all the handles are pulled.

 

With big banks covering both sides of the aisle like they always do by donating to both candidates, the majority of analysts agree a Hillary win means the same ol’  same ol’ for Wall Street. That being the case, a Hillary win would, if the prognosticators are correct, and they often are not, the markets should move higher.

 

With the wild card being the Donald and no one knowing exactly just what it is he would do, the general impression is if the Don is elected, Wall Street might run for cover due to the uncertainty. Although Donald is definitely a one percenter and understands corporate America a hundred times better then Hillary, we still don’t know how predictable this unpredictable man will be if sworn in.

 

Don’t bet on any of this however as markets rarely do what the majority expect them to. The markets could react in an exact opposite direction then expected when one of these folks take to the oval office, and no matter which way it goes, neither direction will surprise at least this analyst.

 

I have learned a long time ago: no one knows anything for certain about the market. She is a fickle beast, looking to tear you a new you know what at any time. The market can break the smartest investor or make the dumbest lucky son of a b**** an overnight millionaire. The trick to riding it however, is too strap yourself on tight, hold on and prepare to be thrown off at any time. You can accomplish this by not committing too much money in any one direction, in any one industry or on any one outcome.

 

We will know what the markets think of our new president in due time, and it likely won’t exactly pan out like anyone expects. That’s the thing about markets: They are impossible to predict. 

 

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With the holidays approaching, thoughts turn to family and friends. For me thoughts also turn to calories as in the consumption of them. I try and limit my intake as I am an old man now but still have young kids. I started late and so am trying to stay alive to see them go to college, marry and give me some grandkids. (Ouch that sounds bad).

 

Anyway, at the young age of 60, I try and work out once a day, limit my bad food intake and take things into my body to hopefully make my mind stay sharp. I read a lot about investing on all things money but also read about investing in my vessel that houses my brain which is of course by body. Many an old person has told me the brain may stay sharp but the body gives out. For that reason, I am trying to stay ahead of the game.

Besides the obvious benefits from working out with aerobic movement (circulatory benefits) and weight bearing exercises (skeletal benefits and body shape improvement) I also take a variety of supplements and foods that may (or may not) allow me to live a fuller life and keep moving through the duration of it.

People always say to envision and set goals in one’s life yet I have found no one that has set an AGE GOAL. If setting goals and visualizing things is generally agreed upon as to actually improve one’s odds at achieving those goals, I ask: why NOT set an age goal?

Just because no one does it and no one can really determine exactly what day one will meet his maker, I figure if none of the unexpected early life terminators (accident, cancer or other) puts me down prior to my succumbing of old age, why not set an age goal just for the hell of it?

Like I said, if setting goals and envisioning things is actually generally accepted as good practice, why not set an age goal right?

So a few years back I set a goal of living to be 128. Yes, that’s a bit long and would set a verifiable old age record if I actually make it, I aim to shoot high and why not.

Like a business negotiation where one always starts high on price and negotiates downward (seller of goods) or the buyer who starts LOW and works UP, I figured 128 was a good starting point.  Go big or go home right?

My 91 year old tells me once I get to 90 or so I won’t want to live any longer due to the pain I will experience just moving around but I still notice he doesn’t jump off a bridge to end his life. He still wants to live.

And yes I do notice some old people who can’t walk, can’t sit comfortably, are grossly overweight or have other infirmities, afflictions that may very well affect me in due time but I don’t give up easily in anything and just because most people tell me these things are a certainty, like many things I am told in my life, I say hogwash.

Don’t tell me I can’t do something because if I think I can and I want to do it, I will tell you to go jump in the proverbial lake.

To attain a goal, one first has to believe it is attainable. Call me crazy (and many have over my life) but I firmly believe I can make it to 128. I am not saying the odds are in my favor of course, in fact the odds are grossly stacked against me, but like playing an opponent on a hot field on a hot day, my response is yes it may be hot, but it’s hot on BOTH sides of the court. The harder it gets, the more determined I get.

In other words, as was said in the movie Star Wars “Never tell me the odds”.

 

In the same series, it was also said by Luke in the second Star Wars movie “I don’t believe it” of which the response from Yoda was “that is why you fail”.

I am pretty much convinced you won’t live to 128, nor 118, 110 or even 100 if you don’t believe you will. If you make up your mind to fail in anything, you most likely will.

So I try not to go into anything thinking I will fail. I MAY fail (everyone does every so often) but I don’t start out with that belief nor do I catch myself believing I will fail anytime during the process.

Positive thinking wont insure you will succeed of course, and just being positive won’t make a bad plan succeed. But a good plan needs the best opportunity to succeed and that starts with doing your homework, then be willing to do the work all the while believing you will succeed.

So to get to 128 I read a lot about health. I mean a lot! I eat stuff that tastes like crap and although I don’t like things that taste like crap, I eat them (ever try Noni Juice?)

In the morning (every morning except when traveling) I take blueberry juice (rats live a lot longer fed blueberries so I read), Noni juice (this stuff is GOD AWFUL), grapefruit juice with nutritional yeast (also tastes like crap but not as bad as Noni juice), two tablespoons of raw olive oil (see the movie Lorenzo’s oil), prune juice (has tons of iron and is good for digestion), green tea (three or more cups a week helps prevent various cancers),ephedra tea (opens up lungs and stimulates circulation) and then a small bit of protein in the form of a lean meat or egg.

After that I take about 30 supplements (yes I might be wasting my money but who really knows right?).

Throughout the day I love turkey with homegrown lettuce, protein shakes ( I work out a lot so I need lots of protein), more juice, and all sorts of healthy stuff. I stay away from burgers and fries, shakes and packaged stuff but don’t get me wrong. I can polish off a box of Sees’ candy, smoke a cigarette on occasion, quaff down two or three martinis or wines and eat salami and pie with the best of them. I LOVE ice cream and other sinful foods and will eat them if I feel like it.

I don’t believe in denying myself the finer things in life because if I do why the heck would I want to live to 128 right?

The point is I have vices and bad habits but it’s not what you do once in a while that makes or breaks you, it’s what you do on a daily basis that counts. What I do daily may not be the best in the entire planet of health food nuts but what I do works for me.

Who knows, tomorrow I may get cancer, die in a car wreck or have a stroke and it that happens so be it. At least I tried. But right now I am in the best shape of my life (barring my young twenties of course). My hair is thinner and my knees and back are always sore but my body weight and shape I see in the mirror pleases me to no end.

I am still fairly sharp and can argue (or debate) with the best of them. I work hard and can multi task no problem. I try and control my temper, relax and meditate, work out and do the best I can for my clients and customers by studying constantly, always asking what if and why and always question my decisions one last time to cover the possibility  “what if I’m wrong here”.

I may not make it to 128 but don’t tell me that and don’t let anyone tell YOU that something can’t be done if you know it can be. Just don’t forget to do your homework then be willing to do the work. Then believe it CAN be done during the whole process.

 

Do all those three things and that will give you the best chance at actually doing whatever it is you want to do and I’ll see you in year 2083 (maybe).

 

Jambo!

 

Marc

 


 

Money Matters update-October 18, 2016 PLEASE READ

Its is important each of us who are fortunate enough to have food on our table make sure others have food on theirs. Can I ask your support in feeding the homeless and those in need this Thanksgiving?

Consider giving a buck or two and I will match a portion of the funds to the food bank of your choice

Here are some photos of what we are doing at the Food Bank of Nevada County

 

Food bank staff and board of directors (Some of us anyway)

From our garden we provide fresh homegrown vegetables - These we grew ourselves!

We serve an incredible 12,000 HEALTHY snacks a week to Nevada County Schools beside feeding thousands a month with complete meals

Help me help our community

----------------------------------------------------------

TURKEY MATTERS IN FULL SWING

Can I count on you?  Can our hungry count on you?  Let’s do it!

Its time again for our Turkey Matters food drive for the food banks of our counties.

Help me feed the poor with our annual turkey drive where we buy turkeys for the poor. I do this every year and now ask for community support. The program is easy.  Just make a check out to the food bank of your choice. Do not make the check out to KVMR or me. Make it out to the food bank of your choice.

Mail:  KVMR FM   120 Bridge Street, Nevada City, Ca 95959. Attention Turkey Matters.

I will match a portion of the funds with my own money to that food bank and KVMR will forward my check and yours to that food bank. That’s all there is too it! Please consider helping.

----------------------------------------

Money Matters airs this Thursday October 20, 2016 at NOON PST

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Diatribe   Fall 2016

Years ago a nation repressed. Over taxation by the monarchs, too much in your face meddling by the so called rulers and just basically having had enough, a group decided to flee their homeland in search of a new one.  

Across the treacherous Pacific they came, here to America. Boat after boat arrived, not without peril of course. Some drowned, others eaten by natives because they landed somewhere else I suppose. Disease took some more and those that did arrive had to survive harsh winters, unknown perils and hostile inhabitants in some cases. But came they did, traversing farther west, until the whole nation was conquered, or inhabited as some might say.

They established new rules, even fought off the rulers from their old stomping grounds as they tried an across the ocean tax grab. Since no army can really inhabit another’s land for long, the ruler in Britain gave up and said the hell with ‘em.

So the newly found nation penned its Constitution and Articles and set off to live a life on based on the concept of liberty. Some say Democracy but that has its flaws.

Preposterous some say, how could Democracy be flawed? After all what is better than the will of majority?  Well, it can also be called mob rule right? If my mob has more people than your mob, we rule. That’s called strength in numbers and that is the epitome of democracy- the great numbers get their way

But Democracy flawed?   Maybe. Think of two wolves and lamb, deciding what to have for dinner.

The majority of course, the two wolves, would have lamb chops for dinner under the rule of democracy, after all they will win the vote. But the poor lamb, being a minority, will forfeit his liberty and life to satisfy the mob, aka the democratic decision.

Ah,  but others might say liberty is where the vote is taken but the lamb in this case is well armed and has the means to defend itself from the ruling mob, in this case the two wolves.

The lamb’s liberty and therefore his rights are now defended by his right to bear arms you could say. That it is his right and it works out pretty well for the lamb. The wolves will have to consider another alternative and one that doesn’t trample another ones rights

We can conclude that Democracy might not work for you so well if it’s your rights, and your liberties being violated by the majority.

Liberty then could be thought of as, you have the right to do what you want, as long as it doesn’t infringe on the rights of another. Now that sounds like a better deal. The wolves have the right to WANT to eat the lamb, but if the lamb objects, his rights would be infringed upon because basically he would die. Not so good. So the wolves, under liberty, cannot exercise their right to a lamb stew despite having the majority as that would infringe on the lambs right to life.

   

Lamb insuring his rights are not trampled by the Mob

One could draw it out a bit further and say, you have the right to want to help out someone, but you don’t have the right to force another to do so, even if it might appear to be the right thing to do. The same could be said for taxes. You have the right to vote on a tax you would pay, but you don’t have the right to vote on a tax another would pay, especially if you won’t pay it yourself.

Want a tax to help the homeless? Go ahead and pay it, it’s your right, but you can’t force another to pay it, THAT infringes on his right to keep his money.

In any case, you can bet it wasn’t the lamb who said give me democracy or give me death, in fact nobody said that. But there was a wise man who insisted “give me liberty or give me death”.

There is a big difference between Democracy and Liberty. They are not the same, just ask the lamb. One tramples rights in the long run, the other insures them forever.

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Is this what we now call a thriving economy? Accumulating astronomical amounts of debt to fund some sort of so called "growth"?

 

So the nation thrived for the first few hundred years, some could argue by stripping the land of its resources, like locusts.  Others would argue they thrived by doing what men do-evolving, working, inventing, innovating and growing in numbers. Yes, we always seem to grow in numbers.

In the early years, those ruling this country kept true to the founding fathers ideals which was exercising liberty and keeping the ruling class under wraps.

We don’t want a repeat of the Britain monarchy, the initial reason those so long ago fled here under extreme hardship and sacrifice.

Not all societies in the world are democratic of course, nor do few practice real liberty.

Man’s propensity to want power sees to that. Get more power. After all give a man power and all he wants is more of it.

People like to meddle, especially in others peoples business, thinking they know best what’s good for the world.

Once upon a time, a man, a rather evil man, who didn’t believe in either democracy or liberty said, quite intelligently and with incredible foresight and understanding of the human condition- “A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. ... until politicians realize they can bribe the people with their own money

Simple yet never truer, these words hold the key to movement and change in the human condition and not a change for the better. The founders left Britain because of this simple fact and established rules to prevent it from happening, yet the nation was well on its way to becoming again like Britain. The do-gooders, world improvers and the meddlers slowly worked their way into the fabric of government in the new land, well not so new now of course, we have been around for 200 plus years.

A founding father knew this tendency of man to ruin the best laid plans of man when uttering shortly after being asked “what have we got sir a republic or a monarchy?  He replied- “A republic, if you can keep it.”

Keep it indeed. As this nation progressed through the 1700’s and 1800’s, progressed we did. The most prosperous time ever for this country most would say. Even the start of the 1900’s were pretty damn good, with the invention of the assembly line and other innovations. Truly the United States ruled the planet in progress and freedom.

Ah but those naysayers again, you’re raping the countryside, walking on human rights, with some men getting rich, and that is not fair. Everyone should be equal. Well, that’s not quite what was said. What was said was that all men were BORN equal, but didn’t necessarily end up that way.

So the meddlers had to do something about it again. Insisting they make rules that others have to follow.

Now think back to our liberty discussion. Remember, The meddlers do have the right to think what they want, and act on what they want to act on, yet under the rule of liberty have no cause to make others act.

True, some may be infringing on the rights of others, but it is infringing, that is the issue. We don’t infringe on others because they are infringing on us. That just makes the problem worse. What we do is stop the original infringement, not make more of them.

In any case, democracy took hold in the US over liberty somewhere in the early 1900’s replacing the idea of liberty ever so slowly. The meddlers saw things they wanted to change by forcing their ideas down the gullets of others. They viewed the world through their utopian glasses where everyone gets a new car, a new home and chicken in every pot, or something like that. Now its “everyone deserves a cell phone”.  My, how times change.

Never mind who works and who doesn’t. Those not working must WANT TO WORK right? No, not everyone. Some don’t want to work, and some just don’t want to work as hard as another. Its human nature, not inequality.

But the original need to work stemmed from hunger. If thou shall not work, thou shall not eat. The law of nature, not of man.

Nature knew something simple. Nothing motivates like hunger. Some don’t want to work, but give them an empty stomach and they WILL WANT TO WORK, trust me on this one.

But ah, those people with better ideas than me, decide on things like, lets tax them and everybody will vote on the tax, although only a few (think the lamb) will actually pay the tax.

It’s easy to pass a tax especially if you won’t pay it, that the most painless tax of all, just ask the mob. They will gladly vote on a tax they don’t have to pay. That’s democracy for you. Tt works out very well except if you are an unarmed lamb.

Remember, liberty is the right to pay your money to help someone if you want but you can’t force another to do so.

Liberty doesn’t sound so good anymore does it?

Especially if you are a meddler.

Well, it actually does still sound good to me, but your world improving DNA is showing there Agnus.

Yes, let’s make someone ELSE pay their fair share because WE think and know what’s fair don’t we?

After all, two million a year is too much. It’s not fair.

And who decides what another man needs? Not that other man of course. That’s too simplistic.

Let the mob decide what’s fair. It’s better for the wolves that way, never mind the lamb. There aren’t many of those anyway.

Uh,  that ain’t liberty missy, that’s mob rule, and that didn’t work out so well for six million Jews a few decades ago.

So let’s do an exercise and vote on the issue, shall we?

How many think that group over THERE should pay more tax?

Most of you?  Yep thought so

Well there you have it then, its lamb for dinner.

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So with more people on food stamps then ever and more poor people than ever and more money being spent of food stamps then ever and more money being spent on poor people than ever, why do we have so many people on food stamps than ever before and more poor people than ever before?

Well, you could argue pay a man to stay home and he will stay home. That what welfare does.  Pay a woman to have children and some will have children?  Maybe.

Have a lot of people vote on taxes they won’t pay themselves and you will have a lot of taxes, and that’s what we have, a lot of taxes. Have a lot of taxes and some people will go broke, end up poor and needing welfare and assistance, and that’s what we have, more poor people, more people on welfare and more people needing assistance.

Tax people who make more and they will make less to avoid the taxes. And that’s what we have, more people working less.

Our tax base says the more you make, the more taxes you pay. So I will make less and work less. How is that for incentive?

If I make more you will take more so I won’t work more. And that’s what we have right?

Less people working, more assistance programs, more people needing assistance and more people asking for assistance. The models call for it, the results prove it, yet few see it.

Oh yes, we do have another main cause which is the Federal Reserve printing up money and causing inflation which drives more people into the poor house but that is a story for another day now isn’t it.

So once again class. Having a tax structure that punishes you for working more and making more money and rewards you for working less and making less. Yes, no one would argue that is how the tax system works in today’s world because it does.

How about doing the opposite? How about a graduated tax that gives people incentive to work more rather than work less?

The more you make the LESS you pay.  Yea yea, we cap it somehow and tweak the fine printt, but the incentive is geared in the RIGHT direction.

Cut more lawns, you pay less tax. Flip more burgers you pay less tax.

On the flip side, do you want to stay home and not work much? You pay through the teeth and go hungry. More reason to get off your butt and get a job, any job.

Want to work a few extra hours to contribute to your great economy? GREAT, you pay less tax.

Take a second job to make more, you pay even less. Now that’s a plan I could get behind? While they run me out of town that is.

It’s a basic Pavlovian response tax plan however. So simple and logical it boggles the mind who fail to see its benefits.

WORK MORE PAY LESS.  So people would WORK MORE. Its’s that simple folks, it’s that simple.

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So now we choose between a reality star accused of molesting woman and the power crazed wife of an ex-president supposedly accused of murder (think Vince Foster folks)

Yea yea,  no proof I know, but come on, anyone out there think Hillary or the Don are saints here?

Shall vote on it?  Well yes, we eventually will.

After all what’s so bad about murder and womanizing.  Presidents have done both since the beginning. Look at JFK and his philandering. How about FDR, Thomas Jefferson, Lyndon Johnson, Dwight Eisenhower, the list goes on.

Talking about presidential flings, did you know Vincent Foster's connection to the Clinton's was primarily via Hillary, rather than Bill. Vincent and Hillary had been partners together at the Rose Law firm, and allegations of an ongoing affair had persisted from the Little Rock days to the White House itself. Was Hillary involved with Vince? So say the rumors but they are just rumors of course!

Killed to bury an affair? Or killed because of a shady land transaction. Both pretty lurid and definitely illegal if forced death was a factor eh folks? Especially if the rumors are true and Hillary had a hand in it, or pulled the trigger herself. No proof of course. People see to things of that sort when the things are big enough.

And how about not so direct murder?

What do you call a drone? 

Mass bombing?

Condoned assassinations?

C’mon folks, all in a day’s work in the oval office so why act so aghast!
What’s sad is we act like it’s a transgression when it happens then forgive and forget after a while.

Such is the forgiveness and memory of the electorate. Think the Nixon pardon, the banksters with no jail time, Clinton’s perjury and Bushes so called weapons of mass destruction hidden in Iraq. We forgive and forget, but not in four weeks’ time. Don’t try this at home though. Only the elite get free get out jail cards. The average Joe gets no such gratuity.

Trump's problem is the news just came out and not enough time has passed. Hillary’s good fortune is that many voting for her weren’t even out of diapers when Vince Foster committed suicide somehow with his arms neatly folded, so I read somewhere.

Hell, we even pardoned perjury from Hillary’s husband as well as his defaming the oval office with his hot august night fiascos. Is it possible he did it on the oval rug on the presidential seal so often seen in the oval office photos?

Yech… Too much information for sure.

So a reality TV star billionaire versus an “over one hundred millionaire”, power mad, political lifer, this is what we’ve come to. No wonder some people don’t vote.

Well no matter who you do vote for, the adage “you get the government you deserve” comes to mind. You will, trust me on this one too.

I, an overfed short-haired leaping gnome, college educated and life skilled in many things (woodworking not one of them) I predict, and likely rather accurately if I get lucky, that at the end of four more years, there will be no improvement in welfare, food stamps, the poor, the super-rich and the mega banks.

The names and titles of those blamed for our ills may change but the blame finger (that’s not the middle one by the way but the index one) will still be pointed away from the person pointing it, the one sitting in oval office.

After all, it is always somebody else’s fault now right?

Certainly seems that way where Presidents are involved.

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Can anyone tell the future in markets?

 

Where the markets go after the election we do not know.

Common belief is a Hillary win would be same old, same old for the banks and Wall Street. More money printing encouragement from her to juice the economy and pay for her lavish spending plans will jerk the stock market out of its funk and scream it higher so say some.

Others say Hillary will doom us to higher inflation through the very same spending and allow the banks through her ignorance to bring us to the brink of another world disaster which will crash everything money. No one knows for sure.

On the other hand a Donald victory is the utmost in uncertainty. Trumps knows more in his pinky about Wall Street then Hillary could ever hope to know in her lifetime but Trump is vague in his plans. What he says he will do is not everything he wants to do and public spending may be both so he will likely be right behind Hillary with the national credit card a blazing. Wall Street might like a fellow billionaire in control but they too know not what this wild card will do. It scares many just what he might do.  Nuff said…..

Will Trump build more weapons? Not that he could out do the current administration in military spending but it is I suppose possible. Will he use one? Who knows? I don’t think Trump himself knows until the moment arrives, if it ever does.

Will Trump build a wall so the price at Taco Bell goes up? Or will my Ford Fiesta cost more not being able to jump a 30 foot wall? Will Putin go head to head with the Donald?

Will he actually jail Hillary? A million questions of which I have no concrete answers.

Who knows and that is the point. No one knows. We will just have to see what the markets do when whoever gets in there gets in there. Jack be nimble and jack be quick. Stay awake ladies and gentlemen.

My advice?

Consult a qualified financial professional for your investing needs and remember, no one can predict market movements anytime, anywhere. They are that difficult to discern. Keep up with your duck and cover drills and pray a lot. God might have to take care of us on this one.

This nor any part of Money Matters is a recommendation to buy, sell or hold any securities and should absolutely not be construed as investment advice nor any indication that I have any idea what I am talking about.

All for now,

Marc