Asset and Wealth Protection
Personal Liberty focuses on conservative Americans who understand the importance of independent thought in the quest to grow and protect their financial assets, and are seeking to achieve financial freedom.
On the surface, the economic atmosphere of the U.S. has appeared rather calm and uneventful. Stocks are up, employment isn’t great but jobs aren’t collapsing into the void (at least not openly), and the U.S. dollar seems to be going strong. Peel away the thin veneer, however, and a different financial horror show is revealed.
The turmoil in long-term care insurance continues. In recent years, a number of insurers raised premiums substantially on existing policies or exited the market. A year ago, it appeared things would stabilize after the shakeout, but a new round of premium hikes and policy changes is taking place.
The Foreign Account Tax Compliance Act (FATCA) has been postponed from July 1 until Jan. 1, 2016. This is good news in many ways for both those with assets they wish to internationalize as well as for the dollar and the U.S. banking system itself, but in many ways the damage has already been done.
On July 1st of this year, Title V of the Obama Administration’s HR Bill #2847, known as FATCA, goes into effect.
What will this mean to me, an average citizen, age 62… living on retirement and social security. I have heard so many diffent stories. What do I do? How do I prepare? Is there anyway that I can keep what little money I have safe?? Help!
Identity theft isn’t making the headlines it did a few years ago. Yet it’s still a problem. The Federal Trade Commission estimates that annually about 9 million Americans have their identities stolen, and this costs consumers about $5 billion.
The cost of medical care continues to rise and to be the wild card in retirement plans. Reports and studies update the estimates of the cost of retirement medical care each year. They show the cost to be high and also very unpredictable for individual retirees and couples.
The U.S. economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All financial markets are rigged. Massive liquidity poured into financial markets by the Federal Reserve’s quantitative easing inflates stock and bond prices and drives interest […]
Income tax is a regulation system that controls consumption, redistributes wealth and it is a dossier system of government spying on the people. The U.S. tax code is tax evasion for the rich.
A Pennsylvania judge ruled last week that failing to pay $6.30 in interest was ample reason for a widow’s home to be sold for less than half of its appraised value at a 2011 tax auction.
Most people still believe that estate planning is all about tax planning. Since the tax law now exempts most estates, they think they don’t really need an estate plan. But they do, and many people need an estate plan more than ever.