EMAILS - # 7 "ALERT: Your Retirement Accounts in Obama's Crosshairs"
[I'm collecting the viral emails I receive]
To: Friend 1
From:
Subject: Re: Fwd: ALERT: Your Retirement Accounts in Obama's Crosshairs
Hi FRIEND 1!
Interesting issues!
I think Teresa Ghilarducci's "Shared Prosperity" ideas are pretty interesting, tho doesn't sound like they're going to be adopted --
Wall Street Journal, "MarketWatch":
http://www.marketwatch.com/story/story/print?guid=FF439A12-96C6-443B-8CDF-A8F142E7489B
San Francisco Chronicle:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/13/BURU1DDHOI.DTL
Ghilarducci:
http://www.sharedprosperity.org/bp204.html
I dunno about Bellinger's "Wealth Protection Library" -- The Wall Street Journal's MarketWatch -- or AARP or Consumer Reports -- would "protect more of my wealth" subscription-wise! and I think I'd trust them more.
Hurray again for the xxxxxxx!!!!!!!!
Friend 1, how did your xxxxxxxx?
Lotsa love again!
***************
----- Forwarded Message -----
From:
To:
Sent: Fri, 21 May 2010 12:01:07 -0400 (EDT)
Subject: ALERT: Your Retirement Accounts in Obama's Crosshairs
ALERT: Your Retirement Accounts in Obama's Crosshairs
You have been a subscriber since xxxx
Dear Friend 1,
My trusted friend Lee Bellinger, publisher of Independent Living, has uncovered some extremely disturbing information about what the cash-strapped Washington Establishment has in mind for your retirement accounts.
The following exclusive report cannot be found anywhere else. It's vital you read this time-sensitive bulletin immediately.
Sincerely,
Bob Livingston
Editor, Personal Liberty Alerts
Editor, The Bob Livingston Letter™
Critical Briefing:
Nationalizing your medical care is just the beginning.
Here's the untold story of how "Team Obama" plans to gain control
over $15 Trillion in all privately-held 401(k)s, IRAs, and 403(b)s.
Read This to Learn How Cash-Strapped Politicians Are
GUNNING FOR YOUR
RETIREMENT ACCOUNTS
and They Are HELL-BENT to Make Them THEIRS!
Dear Fellow Sitting Duck:
If you or anyone in your family owns an IRA, 401(k), or other tax-preferred savings instrument, you are at GROUND-ZERO of the biggest rip-off of private wealth in United States history.
Of all the current threats to your liberty, health, privacy, and financial independence, this is one you had better heed....
...and frankly, THERE ISN'T A MOMENT TO LOSE!
In the blink of an eye, your hard-earned retirement accounts may soon be whisked off and dumped into the black hole of federal government debt, leaving you to grovel before bureaucrats to give you back the money you need to live.
Hard to believe? This briefing names names and provides all the shocking inside details. It is critical must-read information about a major asset confiscation threat you won't find anywhere else.
A new regulatory and tax scheme to bail out our bankrupt federal government is forming with two basic goals: restrict and, ultimately, NATIONALIZE tax-advantaged retirement funds -- including IRAs, 401(k)s, and 403(b)s.
Sure, it's finally starting to dawn on people that the Obama Administration and its Congressional allies desperately need a plan to fund their massive new spending. Especially as state and federal tax revenues are crashing and buyer demand for federal debt is tanking.
But the solution the Washington elite have in mind is almost unthinkable: a double-crossing of American savers and investors on a truly MASSIVE scale.
He Insulted Then Ripped off
General Motors Bond Holders:
Now Obama Gears Up to Nationalize
the Private Savings of Millions
A mere 15 months into Barack Obama's term, there is already disturbing precedent for the nationalization of retirement accounts.
"A mere 15 months into Barack Obama's term, there is already disturbing precedent for the nationalization of retirement accounts."
For example, shortly after Obama publicly chastised General Motors' bond-holders for being "greedy" because they wouldn't give up their legal rights, he suddenly nationalized their investments and showered the ill-gotten booty over his allies, the top bosses at the United Auto Worker union.
Ominously, the mission of herding private retirement savings into government-approved "investments" is now being spearheaded by the very same leftist who was working for the United Auto Workers during the Obama Administration's rip-off of General Motors bond holders.
Worse, establishing federal control over privately-held tax-advantaged savings accounts held by 60 million+ U.S. households enjoys a shockingly high level of political support. Including the White House, top left-wing think-tanks, key Capitol Hill liberals, and powerful institutions such as the Ford and Rockefeller Foundations.
This is One of the Most Important Briefings
You've Ever Gotten
The disturbing details -- and the information you need to protect yourself -- can all be accessed through this time-sensitive CODE RED ALERT BULLETIN. Please read it as though your personal retirement security depends on it. Because it very likely does.
My name is Lee Bellinger, publisher of the nation's fastest-growing financial intelligence and self-reliance advisory, Independent Living. After I give you some of the specifics you need to side-step this terrible danger (and many others), I want to rush you my critical FREE report, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs.
It's all part of a bundle of MUST-HAVE, hot-off-the-presses intelligence briefings known as the Wealth Protection Library for the Obama Era of Rising Socialism. These 7 time-sensitive action briefs are specifically designed to help my subscribers anticipate and side-step the overwhelming new government threats to their liberty, health, and prosperity.
Special Reports Designed for Navigating
This Era of Rising Socialism
Other reports I want to send you FREE from my best-selling Wealth Protection Library give you the very latest on how bureaucrats peer into your personal life and finances and what you can do right now to reduce your profile; the smartest ways to acquire gold easily, avoiding shocking new capital controls designed to restrict your investment options, how to cut your medical expenses by 60%, and MUCH, MUCH more!
Plus, with all the new traps Congress has quietly set for the unsuspecting taxpayer, you are very much going to need my newly-minted report, 10 New Tax Ambushes to Avoid At All Costs. Obama's 2,700-page healthcare takeover is filled with hidden and dangerous new tax traps -- and that's just ONE piece of legislation!
At the end of this briefing I will tell you how to get the FULL COLLECTION of ALL 11 of the must-read reports contained in my Wealth Protection Library.
As for the danger of 401(k) confiscation, there is not a moment to lose.
When this emergency bailout of bankrupt government retirement and other entitlement programs is sprung on an unsuspecting public, it will be a power-grab that will dwarf Barack Obama's recent forced nationalization of health care.
Here's How Obama Plans to
Get His Hands on YOUR Retirement Money
Let me start at the beginning. At the height of the 2008 financial crisis, Congressional leftists on the House Education and Labor Committee held hearings on "overhauling" the nation's $15 trillion private savings retirement system (a.k.a. "retirement security reform").
"Retirement security reform" is being carried forward in Congress by ultra-liberal California Rep. George Miller. Hailing from the Berkeley, California, area, House Education Committee chairman Rep. Miller is a top Capitol Hill potentate and unflinching critic of private-sector retirement programs -- not to mention a tireless advocate of big-government schemes.
Miller's hearings vetted and developed legal language and regulatory directives designed to eliminate some $80 billion in annual tax-advantages for 401(k)/IRA holders (in exchange for "free" payouts of $600 per year to millions of non-taxpaying Americans). Their "free money" would come in the form of a government-controlled "Guaranteed Retirement Account" (GRA) annuity fund.
Teresa Ghilarducci, the Obama Administration's unofficial 401(k) nationalization czar and a star witness at the Miller hearings, admitted on the October 27, 2008, Kirby Wilbur radio show:
"I'm just rearranging the tax breaks that are available now for 401(k)s and spreading – spreading the wealth..."
The Plan to Convert Private Retirement Funds
is Backed By the Woman
Who Helped Obama
Nationalize General Motors for the UAW
Of course, many refuse to accept that the federal government would ever seize or try to control private investment decisions. Such skeptics need only take a closer look at the high-powered political coalition determined to bail out dangerously-under-funded government-run entitlement programs.
Let's start with the Miller committee's top advocate for sweeping 401(k)/IRA rule changes, academic Teresa Ghilarducci -- a rising star of the left.
Ghilarducci is hardly an isolated left-wing crank with a bad idea.
She was appointed to the now-insolvent Pension Benefit Guaranty Board during the Clinton era. Ghilarducci was also a "public trustee" to United Auto Worker retirees of General Motors at the very time that "Team Obama" nationalized the auto giant, ripped off its private investors, and doled the spoils to her thuggish clients, UAW union bosses.
Ghilarducci is director of the highly influential, Rockefeller Foundation-funded Schwartz Center for Economic Policy Analysis (SCEPA). SCEPA and its 401(k) nationalization drive is also a significant funding project of the all-powerful and secretive Ford Foundation -- the specific goal is to establish federally-managed Guaranteed Retirement Accounts (GRAs) to replace private savings systems.
Ghilarducci's group SCEPA and its plan to eliminate 401(k)s in favor of government-controlled retirement funding (GRAs) enjoys top-level political support. SCEPA's website brags "The White House Middle Class Task Force (chaired by Vice President Joe Biden) and the Government Accountability Office recognize the GRA plan as a viable option to provide retirement security."
Oh, Yes, the Feds Do Indeed
Want Your Retirement Money
Following the Miller hearings on 401(k) "reform," a follow-up 2009 Ghilarducci research paper was music to the ears of cash-strapped Congressional big spenders:
"Guaranteed Retirement Accounts are like universal 401(k) plans except that the government, as befits a large and enduring institution, will invest and manage the pooled savings."
You see, right now individuals get to control the monies within their own 401(k)s and IRAs. What Ghilarducci and other leftists want to change is for 401(k)s and IRAs to become part of a larger Congressionally-managed capital pool.
"Millions of American investors are poised to become 'shotgun investors' in risky government bonds, whether they want to or not."
Under the "phase-in" stage of Ghilarducci's Plan, 50% of your GRA automatically goes to the government upon your passing, not your heirs.
And that's just for starters. All future tax deferments to 401(k)s and IRAs would be scrapped in exchange for a "guaranteed" 3% annual return based on government-directed "investments" (which Ghilarducci herself admits will include -– yep, you guessed it -- HUGE swaths of U.S. government bonds whose value continue to be inflated away).
As Ghilarducci admitted in a Money magazine interview:
"The only answer, and this is after 25 years of looking at it, is to make people save; a mandatory, universal savings plan on top of Social Security... for those in top brackets, income tax will go up -- but so will their retirement security, because even if you are tempted to stop saving, the government is saying, 'you can't.'"
Forcing people to save is controversial enough. Ripping them off is quite another thing. And that's exactly what's going on when hapless investors are forced to pay for government debts in return for paper coupons that will just be inflated away.
The bottom line is millions of American investors are poised to become "shotgun investors" in risky government bonds, whether they want to or not.
New Federal Regulations "Encourage" You to "Convert" Your Retirement Money into a Government-Managed Mega-Fund
Early stages of the Ghilarducci 401(k) confiscation plan are already unfolding.
The U.S. Treasury and Labor Departments just opened up a regulatory process (CFR, Part 1, RIN 1545-BJ04) to alter investment incentives for fund managers to begin pumping money into government-approved "investments."
As the March 9 edition of Businessweek notes, new federal regulations designed to "promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams" includes government-run entities such as the American International Group (AIG), which was bailed out to the tune of $182.3 billion.
Of course, as Businessweek observed, the government-run AIG will almost certainly direct any private retirement monies it receives into "safe" government-approved investments. Put another way, once AIG and other government entities have control of private investment monies, they will "flip" those assets into U.S. Treasury bonds, which are becoming harder and harder to sell to skeptical buyers.
It's all part of a sinister "cattle drive" to herd trillions of dollars in private retirement funds into government-approved "investments" that just so happen to fund cash-strapped federal programs.
Ghilarducci and other 401K-grabbers stress that tax-advantaged private savings programs will still be "legal" under her plan. Clearly, though, Ghilarducci and her Capitol Hill allies don't want voters to realize that once 401(k)/IRA tax advantages are removed, employers will no longer have a financial incentive to offer them at all.
Coming Soon: A Forced March of Private Investments into Social Security
The forced march of private investment dollars into public debt instruments is being pushed forward on other fronts. Buried deep in the recently-enacted Obamacare, for example, is a 3.9% tax on investment transactions -- which applies to private-sector companies only. The upshot? Government Treasuries which are not subject to the investment tax suddenly become far more "attractive."
By altering 401(k) and IRA rules to make them far more "unattractive" investments, the government is setting things up to make "converting" over to a government-run Guarantee Retirement Account your best "choice."
As Karl Denninger of the Market Ticker Website warns: "Choices have a funny way of turning into mandates, and this looks like a raw admission that Treasury knows it will not be able to sell its debt in the open market -- so they will effectively tax you by forcing your 'retirement' money to buy them."
White House Twists Terminology to
Hide This Coming Massive Theft
So as Businessweek noted, it's far more than a coincidence that the Obama Administration is suddenly urging more Americans to "invest" in annuities. Unfortunately, when Obama refers to "annuities," he isn't talking about a normal private-sector financial instrument -- he is referring to the politically-manipulated Social Security Ponzi system.
Let me explain. Just as Bill Clinton twisted the word "investment" to mean increased public spending, Team Obama are transforming the terms "annuity" and "retirement security" to mean your personal savings are to be "managed" by bureaucrats who ration your money back to you in the form of meager, strings-attached monthly increments which are steadily frittered away through inflation.
Obama's Insolvency Crisis Makes
401(k)s and IRAs a Tempting Target
Every crime has a motive and taking control of private citizens' savings is no exception. So far as the bureaucrats who are trying to hold together the government's fragmenting finances are concerned, gaining control of the nation's $15 trillion in private retirement accounts is an absolute necessity, not a "policy option."
Here's the rub: Gigantic financial pressures are driving federal officials to desperation. Yes, desperate enough to seize every private retirement dollar in America and then some. Consider just this one slice of the government's little-understood funding pickle:
On the state-level alone, Uncle Sam is looking at a multi-trillion-dollar bailout of public employee pensions.
More specifically, federal bureaucrats know that a major bailout of total state-level pension obligations is coming. That's because there are an astronomical $5.7 trillion pension obligations against only $1.94 trillion in actual holdings.
Northwestern University economist Joshua Rauh recently calculated 50 states' pension obligations by removing the rigged statistics governments use to make their pensions appear solvent. Rauh learned that in addition to horrific operating deficits, state government pension obligations are (on a national level) a whopping three times greater than their rapidly-collapsing reserves.
Desperation moves by states foreshadow what is to come. Cash-strapped Colorado just tried, unsuccessfully, to grab $500 million from a newly-privatized pension fund. Connecticut has tried to issue creative new accounting rules to camouflage its insolvency.
And the State Supreme Court of New Hampshire recently ordered state officials to return $110 million they "borrowed" from a medical malpractice insurance pool. It goes on and on.
As the old saying goes, the problem with socialism is that you eventually run out of other people's money. Now that horrific moment has arrived. Bottom line: Uncle Sam needs your retirement savings IRA or 401(k) in a big way.
The Next Crisis Will Usher in the Ghilarducci
401(k) Takeover Plan
So here's what you need to know: When the next financial "episode" strikes (probably a federal cash-flow crisis), the Obama-backed Ghilarducci Plan will be ready to implement, at a moment's notice.
I am writing you today so you are not among the millions of Americans who've worked hard to save for retirement -- only to be reduced to standing in line, hat-in-hand, waiting for government bureaucrats controlling "your" GRA to dollop out your monthly portion.
Don't Worry, You Can Come Out Ahead
If You Are Prepared for It!
Now let me get to some GOOD NEWS. If you take me up on the exclusive offer to try a trial subscription to my publication Independent Living at a STEEPLY-DISCOUNTED TRIAL RATE, you will NOT BE CAUGHT OFF-GUARD by the coming nationalization of 401(k)s and IRAs. In fact, you can be among the lucky few who come out ahead!
That's because I will rush you my red-hot report, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs. In ADDITION, you get all SEVEN MUST-READ Subscriber Briefings that make up my Wealth Protection Library for the Obama Era of Rising Socialism. Each of these hot-off-the-presses Special Reports were developed specifically for the crisis window we are in right now.
So in addition to sending you FREE Report #1, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs, you get all the rest of the great reports in my Wealth Protection Library. Let me now explain each report I want to send you in turn. And why it is vitally important I rush them to you immediately – not just for your sake, but for your family and friends as well.
Critical Must-Read Report #2:
Capital Controls "Team Obama" Can Impose without Warning
to Corral Citizens in Dollar Denominated Assets
A major reason you need ALL the FREE reports listed in this letter AND a subscription to Independent Living is because Uncle Sam is moving so fast and so covertly to restrict how you can invest your capital.
"This new power to 'freeze and seize' your money market cash happened completely under the radar screen!"
For example, less than six months ago, the Obama Treasury Department issued new regulations giving the Treasury Department broad authority to "freeze" money market funds without warning or notice.
This new power to "freeze and seize" your money market cash happened completely under the radar screen – without any attention whatsoever from the so-called mainstream financial media.
Just this past March, Congressional activists slipped a dangerous new capital control into the so-called Hiring Incentives to Restore Employment (HIRE) Act. It establishes that going forward, the feds now have the power to "divert" 30% of any transmission of money abroad greater than $50,000.
This sneaky new wealth trap is a telling escalation of federal power to "discourage" capital from fleeing the country. And it is also a warning of confiscatory taxation and political shenanigans with private investment to come.
This astounding, brand-new report gives you the shocking lowdown on the freedom-stealing, investment-destroying provisions of "emergency" legislation, including:
Sweeping new IRS powers that encourage them to go after small businesses and individuals, especially those who dare to flee the dollar.
New hidden energy taxes gas stations and utility companies will soon be passing on to you.
A jump of $17,064 in new Federal debt per U.S. family.
New Investment Regs Will Sucker-Punch
Millions of Unsuspecting Households
My report Capital Controls "Team Obama" Can Impose Without Warning to Corral Citizens in Dollar Denominated Assets also gives you the latest inside skinny on frightening new capital controls that could:
Prevent you from evacuating your precious retirement assets from the dollar and harboring them in more fundamentally sound overseas investments and currencies.
Discourage, and all but ban, investment and trading in precious metals.
Force gold exchange-traded fund investors to accept "cash" for their share in precious metals.
Partially (or totally) restrict 401(k)s and IRAs to inflation-lagging bonds and certain other dollar-denominated assets decreed to be "safe."
URGENT: A key revelation in this report is how to secure your cash in fundamentally strong currencies by using five strategies that may soon be illegal.
This could become very important as access to your own money in the bank may be restricted as well -- in the form of a federally imposed "banking holiday" I just mentioned. Customer withdrawals could at times be suspended to prevent further bank runs or simply restricted by limits and regulatory hamstrings.
The Political Blame-Game is Afoot:
Millions of Retirees Will Take the Fall
You need to be ready for all the surprise financial controls soon to come down the pike (most of which will be buried deep in thousands of pages of legislation that no one but a few Congressional aides have ever read).
You can't get this information anywhere else, because most of the dangerous capital controls Congress has in the pipeline haven't been enacted yet. You can only find this information in my report. It spells out what is likely to come and how you can protect yourself. Details on how to get your hands on this information can be found at the end of this letter.
Critical Must-Read Report #3:
22 Cutting-Edge Strategies for Reclaiming
Your Privacy
from Snoops, Corporations,
and Newly-Unleashed Government Busybodies
Learn how to hide in plain sight. Using the fully-updated, hands-on information in this cutting-edge report, you can reduce your personal and financial "profile" to a point that is lower than 99% of the general public.
Its simple check-list format gives you lots of small, easy-to-implement steps you can take now to significantly reduce your visibility to snoops, bureaucrats, IRS audit fishing expeditions, identity thieves, aggressive marketers, and greedy lawyers and their would-be clients.
Among its most alluring features: It fully exposes the sordid alliance between government bureaucrats and their trained crony capitalists to zero in on your assets, lifestyle, and political convictions. This great hands-on, how-to report is your very best protection!
My 22 Cutting-Edge Strategies for Reclaiming Your Privacy is a critical installment in Independent Living's Wealth Protection Library. You need to get and read this one right away -- because there are critical new developments on this EVERY COUPLE OF MONTHS!
Critical Must-Read Report #4:
New Tax Ambushes to Avoid At All Costs
The newly-enacted 2,700-page Obamacare legislation contains at least 17 additional hidden tax hikes, in addition to new job-crushing mandates for already-beleaguered small employers. Worse, a read of the "fine-print" in Obamacare shows that despite official denials, the IRS is planning to hire at least 17,000 health care enforcement auditors.
This must-read report covers ten of the worst new hidden taxes being thrust upon the American people without warning or notice. From new levies directed at medical device innovators to massive new IRS-imposed penalties aimed at small employers, there are so many moving parts and trap doors hidden in new legislation that this must-have report is an essential addition to your reading list.
Another monstrosity is a 3.9% "investment tax" that is not indexed to inflation -- which means this cut into your personal income will continue to grow and grow and grow.
My report selects the 10 worst tax traps the Obama Administration has secretly pumped into large pieces of legislation enacted by Speaker Nancy Pelosi and Senate Majority Leader Harry Reid.
And it's yours FREE as a new subscriber to Independent Living.
Critical Must-Read Report #5:
Insiders Talk Out of School: Eight BIG Hidden Financial Incentives
Your Broker Has to Steer You to Mediocre Investments
This report is a must. It spells out the MANY perverse incentives Wall Street interests have put into place to sink YOUR money into crummy financial stocks and other underperforming companies which are dangerously dependent on easy credit, cheap energy, and debt-driven consumerism.
Learn how most brokers are financially and politically compromised. You will be red-faced with anger when you see how the system is rigged, for example, to pawn off lousy U.S. banking and finance stocks onto corporate 401(k) plans, pension plans, and private clients.
If in the past you talked with your broker about getting out of U.S. dollar-denominated financial equities or "mainstream investments," it is very likely you were told to "stay put." Maybe you are even being told that now. This report tells you why. Millions of Americans are waking up to the harsh reality that their brokers have steered them straight over a financial cliff.
How to Avoid Politically-Compromised Investment Advice
As this report shows, financial "reporting" networks such as CNBC are funded by the very politically-corrupted banking interests that are seeking to unload underperforming assets on unsuspecting investors.
I warn you, this report is both jarring and a rude introduction to the real world of how investment has come to work in this country. You will never see Wall Street the same after you have read it.
Critical Must-Read Report #6:
How Smart Americans Are Getting Steeply-Discounted
First-Rate Medical Care Overseas
and How You Can Cash in on the Flight of Medicine Abroad
At the height of Obamacare's forced enactment into law, a Canadian cabinet minister fled the jurisdiction of his country's socialized medical system. He quietly flew into the United States to get critical surgery at a private facility. You need and deserve this same option now that Obamacare has become a reality in the United States!
Under Obamacare, the masses face a grim future of overpriced, piddily, cookie-cutter medical care. Yet long before Obama formally politicized medical decision-making, I had already been clueing my Independent Living readers in on how to take full advantage of a little-understood, disturbing trend: The flight of medical research, investment and top-notch services from American shores to more business-friendly countries from Israel to India.
Even before Obamacare, overreaching, dangerously-ignorant political meddling had made a complete hash of U.S. medical innovation. The government's own self-serving numbers even acknowledge it now costs more than $800 million to introduce a new drug in U.S. markets – due to frivolous class-action lawsuits, high tax rates, power-mad FDA bureaucrats, and ignorant, hostile politicians.
Greater Medical Self-Reliance is a MUST: Here's How to Get Started
This investigative Special Report shows you how smart Americans are going abroad to save 90% on heart surgery, 70% on knee operations, 80% on major dental work, and even getting liver transplants for a fraction of the cost (and, let me stress, these procedures are being done in first-rate, fully-certified cutting-edge medical facilities with top-notch, mostly U.S. doctors).
You Need This Medical "PLAN B," Just In Case
Obamacare is a Disaster
Typical "high dollar' medical cost
comparison between the US and India
U.S.A.
India
Bone Marrow Transplant:
$400,000
$30,000
Liver Transplant:
$500,000
$40,000
Open Heart Surgery:
$ 50,000
$ 4,400
Neurosurgery:
$ 29,000
$ 8,000
Knee Surgery:
$ 16,000
$ 4,500
By getting this report, you are putting into your hip pocket some very important information on how to get Senate-level medical care abroad. You or someone in your family can benefit hugely from this report, which shows you how smart expatriates are saving big money on necessary medical procedures.
Get this report now. Even if you or your loved ones never need access to cutting-edge medicine for a fraction of the cost, this report shows you how smart Americans are investing in the growing trend toward expatriate medicine. This is information you won't find anywhere else.
Critical Must-Read Report #7:
Gold Confiscation Alert: 6 Ways to Own
Precious Metals Securely
If a worst-case dollar collapse scenario unfolds, this report could ultimately be the most important item in my entire Wealth Protection Library for the Obama Era of Rising Socialism. In 1933, the Roosevelt Administration ripped off millions of people who had the foresight to buy gold. Today, our government is far more ruthless, far more powerful, and far more financially desperate.
Learn what CNBC will never tell you: Little-known laws and executive orders already in force giving the president the power to confiscate gold simply by declaring an emergency.
My report gleans critical insights from Capitol Hill and Treasury Department insiders who know the most probable methods by which the government will try to save the U.S. dollar by ripping off holders of precious metals. Crucial reading – especially if you own gold in the form of exchange-traded funds (ETFs) or other gold-backed paper instruments.
Under certain conditions explained in this report, federal bureaucrats have the power to confiscate gold or precious metals held by ETFs, and simply issue "cash" payments to the owners. It is VERY important you know what signs to look for in advance of this form of asset confiscation.
You need this important information right away because once confiscations begin, there will be no stopping them or getting out of the way at the last minute. You must think these risks through in advance! There is LOTS of new information contained in this hot-off-the-presses report. I want to get it to you right away.
Don't Be Blindsided By Dangerous Plots
to Seize Your Wealth
https://news.personalliberty.com/pub/cc?_ri_=X0Gzc2X%3DS%3ApglLjHJlT%3ATWWU%3ATYUCAWA%3AWBBRDBT%3ACCYSC%3AURBRTYSRU%3AG%3AaVXtpKX%3DWCCBBBY&_ei_=
Washington power-grabs are multiplying geometrically. Each of the seven reports in my Wealth Protection Library for the Obama Era of Rising Socialism are totally up-to-date and must-read. And I will send ALL of them to you with a steeply-discounted trial subscription to my monthly 20-page intelligence advisory, Independent Living.
Each month, Independent Living UPDATES you on sneaky new Washington schemes which have a DIRECT bearing on how you live, invest, and protecting what's yours. In my 20+ years of publishing discreet, ahead-of-the-curve information about threats to your health, wealth and retirement planning, never before have I seen so many danger signs. NEVER.
That's why as an Independent Living reader, you ALSO get regular email bulletins from me on new developments that happen between each monthly issue. This FREE additional service has become an absolute necessity so that my readers are NEVER surprised by power and wealth grabs.
I Want to Give You the Most Important
Self-Insurance Program You Will Ever Own
Now let me tell you a little bit about Independent Living and why it has become the nation's fastest-growing financial and hard money intelligence advisory.
This monthly treasure trove of inside information is for discerning, ahead-of-the-curve individualists like you – who want to use the system to your advantage. Not getting caught flat-footed in our politically-dominated and corrupted financial and medical systems. Reducing your profile. Achieving the maximum level of self-reliance possible.
Independent Living keeps you clued into the best medical care and most exciting breakthroughs the public won't know about for years. Getting the most out of your tax-planner and broker. Setting yourself up for the highest-possible quality retirement.
Independent Living exists to help our readers attain the most out of life! Our sole mission is my personal passion: To strengthen and protect your health, financial independence, security, privacy, and prosperity – especially in this rapidly-changing economy and challenging legal, regulatory and tax environment.
Consider these important warnings and opportunities we have recently shared with our valued subscribers:
It wasn't necessarily what readers wanted to hear, but in 2006, while most homeowners were in a state of disbelief over the housing bubble, we suggested that anyone who had a home for sale offer a steep discount before the market demanded even lower prices. Home values have since plunged 32.6% nationwide according to Standard & Poors.
We warned readers that even after the initial plunge of Real Estate Investment Trusts (REITS) in summer '07, they were still grossly overvalued. REIT values fell by HALF in the ensuing 24 months.
When most experts saw crude oil as overpriced at $50, we called $100+ oil "inevitable." Then as crude surged toward $145 per barrel in spring '08, we warned prices could fall back under $80 per barrel.
We urged Independent Living subscribers to avoid the U.S. financial sector before the floor fell out. Long before the collapses of Bear Stearns, Countrywide Financial, and Indymac, we specifically and urgently warned that the banking system was a house of cards and gave our readers the information they needed to steer away from the riskiest banks and brokerages.
While investors fled out of risky assets and into the "safety" of U.S. Treasuries, we said investors were merely blowing up a new bubble that was about to burst. In 2009, the Treasury market took its worst hit since 1994. Instead of taking losses, our readers had already been directed to specialty "inverse" instruments that yielded profits of 30-50%.
While a panicky Wall Street (along with a slew of investment newsletters) told people to sell stocks at the very bottom of the crash, Independent Living readers were urged in early 2009 to snap up mining stocks, gold, silver, energy, and other prime assets that had been thrown out with the bathwater. Most of the sectors we picked went up more than 100% in the following 12 months!
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You very much need the bold, unconventional reports in my Wealth Protection Library. This library provides a great foundation to help you protect what's yours and is designed to mesh with the UPDATED information we send to you each month in Independent Living.
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Yours in Prosperity and Preparation,
Lee Bellinger, Publisher
Independent Living
P.S. My very BEST OFFER is to try a risk-free, fully-guaranteed subscription to Independent Living for a mere $99 for two years (24 information-packed issues for $179 off!) and I will rush you ALL SEVEN components of my new Wealth Protection Library. In addition to your two-year trial subscription to Independent Living and ALL SEVEN Wealth Protection Library reports explained above, I WILL THROW IN FOUR ADDITIONAL FREE BONUS REPORTS:
Additional Bonus Report #1: Smart Money Dispatch: Where the Richest and Most Successful Investors Are Putting Their Money Right Now.
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To: Friend 1
From:
Subject: Re: Fwd: ALERT: Your Retirement Accounts in Obama's Crosshairs
Hi FRIEND 1!
Interesting issues!
I think Teresa Ghilarducci's "Shared Prosperity" ideas are pretty interesting, tho doesn't sound like they're going to be adopted --
Wall Street Journal, "MarketWatch":
http://www.marketwatch.com/story/story/print?guid=FF439A12-96C6-443B-8CDF-A8F142E7489B
San Francisco Chronicle:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/13/BURU1DDHOI.DTL
Ghilarducci:
http://www.sharedprosperity.org/bp204.html
I dunno about Bellinger's "Wealth Protection Library" -- The Wall Street Journal's MarketWatch -- or AARP or Consumer Reports -- would "protect more of my wealth" subscription-wise! and I think I'd trust them more.
Hurray again for the xxxxxxx!!!!!!!!
Friend 1, how did your xxxxxxxx?
Lotsa love again!
***************
----- Forwarded Message -----
From:
To:
Sent: Fri, 21 May 2010 12:01:07 -0400 (EDT)
Subject: ALERT: Your Retirement Accounts in Obama's Crosshairs
ALERT: Your Retirement Accounts in Obama's Crosshairs
You have been a subscriber since xxxx
Dear Friend 1,
My trusted friend Lee Bellinger, publisher of Independent Living, has uncovered some extremely disturbing information about what the cash-strapped Washington Establishment has in mind for your retirement accounts.
The following exclusive report cannot be found anywhere else. It's vital you read this time-sensitive bulletin immediately.
Sincerely,
Bob Livingston
Editor, Personal Liberty Alerts
Editor, The Bob Livingston Letter™
Critical Briefing:
Nationalizing your medical care is just the beginning.
Here's the untold story of how "Team Obama" plans to gain control
over $15 Trillion in all privately-held 401(k)s, IRAs, and 403(b)s.
Read This to Learn How Cash-Strapped Politicians Are
GUNNING FOR YOUR
RETIREMENT ACCOUNTS
and They Are HELL-BENT to Make Them THEIRS!
Dear Fellow Sitting Duck:
If you or anyone in your family owns an IRA, 401(k), or other tax-preferred savings instrument, you are at GROUND-ZERO of the biggest rip-off of private wealth in United States history.
Of all the current threats to your liberty, health, privacy, and financial independence, this is one you had better heed....
...and frankly, THERE ISN'T A MOMENT TO LOSE!
In the blink of an eye, your hard-earned retirement accounts may soon be whisked off and dumped into the black hole of federal government debt, leaving you to grovel before bureaucrats to give you back the money you need to live.
Hard to believe? This briefing names names and provides all the shocking inside details. It is critical must-read information about a major asset confiscation threat you won't find anywhere else.
A new regulatory and tax scheme to bail out our bankrupt federal government is forming with two basic goals: restrict and, ultimately, NATIONALIZE tax-advantaged retirement funds -- including IRAs, 401(k)s, and 403(b)s.
Sure, it's finally starting to dawn on people that the Obama Administration and its Congressional allies desperately need a plan to fund their massive new spending. Especially as state and federal tax revenues are crashing and buyer demand for federal debt is tanking.
But the solution the Washington elite have in mind is almost unthinkable: a double-crossing of American savers and investors on a truly MASSIVE scale.
He Insulted Then Ripped off
General Motors Bond Holders:
Now Obama Gears Up to Nationalize
the Private Savings of Millions
A mere 15 months into Barack Obama's term, there is already disturbing precedent for the nationalization of retirement accounts.
"A mere 15 months into Barack Obama's term, there is already disturbing precedent for the nationalization of retirement accounts."
For example, shortly after Obama publicly chastised General Motors' bond-holders for being "greedy" because they wouldn't give up their legal rights, he suddenly nationalized their investments and showered the ill-gotten booty over his allies, the top bosses at the United Auto Worker union.
Ominously, the mission of herding private retirement savings into government-approved "investments" is now being spearheaded by the very same leftist who was working for the United Auto Workers during the Obama Administration's rip-off of General Motors bond holders.
Worse, establishing federal control over privately-held tax-advantaged savings accounts held by 60 million+ U.S. households enjoys a shockingly high level of political support. Including the White House, top left-wing think-tanks, key Capitol Hill liberals, and powerful institutions such as the Ford and Rockefeller Foundations.
This is One of the Most Important Briefings
You've Ever Gotten
The disturbing details -- and the information you need to protect yourself -- can all be accessed through this time-sensitive CODE RED ALERT BULLETIN. Please read it as though your personal retirement security depends on it. Because it very likely does.
My name is Lee Bellinger, publisher of the nation's fastest-growing financial intelligence and self-reliance advisory, Independent Living. After I give you some of the specifics you need to side-step this terrible danger (and many others), I want to rush you my critical FREE report, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs.
It's all part of a bundle of MUST-HAVE, hot-off-the-presses intelligence briefings known as the Wealth Protection Library for the Obama Era of Rising Socialism. These 7 time-sensitive action briefs are specifically designed to help my subscribers anticipate and side-step the overwhelming new government threats to their liberty, health, and prosperity.
Special Reports Designed for Navigating
This Era of Rising Socialism
Other reports I want to send you FREE from my best-selling Wealth Protection Library give you the very latest on how bureaucrats peer into your personal life and finances and what you can do right now to reduce your profile; the smartest ways to acquire gold easily, avoiding shocking new capital controls designed to restrict your investment options, how to cut your medical expenses by 60%, and MUCH, MUCH more!
Plus, with all the new traps Congress has quietly set for the unsuspecting taxpayer, you are very much going to need my newly-minted report, 10 New Tax Ambushes to Avoid At All Costs. Obama's 2,700-page healthcare takeover is filled with hidden and dangerous new tax traps -- and that's just ONE piece of legislation!
At the end of this briefing I will tell you how to get the FULL COLLECTION of ALL 11 of the must-read reports contained in my Wealth Protection Library.
As for the danger of 401(k) confiscation, there is not a moment to lose.
When this emergency bailout of bankrupt government retirement and other entitlement programs is sprung on an unsuspecting public, it will be a power-grab that will dwarf Barack Obama's recent forced nationalization of health care.
Here's How Obama Plans to
Get His Hands on YOUR Retirement Money
Let me start at the beginning. At the height of the 2008 financial crisis, Congressional leftists on the House Education and Labor Committee held hearings on "overhauling" the nation's $15 trillion private savings retirement system (a.k.a. "retirement security reform").
"Retirement security reform" is being carried forward in Congress by ultra-liberal California Rep. George Miller. Hailing from the Berkeley, California, area, House Education Committee chairman Rep. Miller is a top Capitol Hill potentate and unflinching critic of private-sector retirement programs -- not to mention a tireless advocate of big-government schemes.
Miller's hearings vetted and developed legal language and regulatory directives designed to eliminate some $80 billion in annual tax-advantages for 401(k)/IRA holders (in exchange for "free" payouts of $600 per year to millions of non-taxpaying Americans). Their "free money" would come in the form of a government-controlled "Guaranteed Retirement Account" (GRA) annuity fund.
Teresa Ghilarducci, the Obama Administration's unofficial 401(k) nationalization czar and a star witness at the Miller hearings, admitted on the October 27, 2008, Kirby Wilbur radio show:
"I'm just rearranging the tax breaks that are available now for 401(k)s and spreading – spreading the wealth..."
The Plan to Convert Private Retirement Funds
is Backed By the Woman
Who Helped Obama
Nationalize General Motors for the UAW
Of course, many refuse to accept that the federal government would ever seize or try to control private investment decisions. Such skeptics need only take a closer look at the high-powered political coalition determined to bail out dangerously-under-funded government-run entitlement programs.
Let's start with the Miller committee's top advocate for sweeping 401(k)/IRA rule changes, academic Teresa Ghilarducci -- a rising star of the left.
Ghilarducci is hardly an isolated left-wing crank with a bad idea.
She was appointed to the now-insolvent Pension Benefit Guaranty Board during the Clinton era. Ghilarducci was also a "public trustee" to United Auto Worker retirees of General Motors at the very time that "Team Obama" nationalized the auto giant, ripped off its private investors, and doled the spoils to her thuggish clients, UAW union bosses.
Ghilarducci is director of the highly influential, Rockefeller Foundation-funded Schwartz Center for Economic Policy Analysis (SCEPA). SCEPA and its 401(k) nationalization drive is also a significant funding project of the all-powerful and secretive Ford Foundation -- the specific goal is to establish federally-managed Guaranteed Retirement Accounts (GRAs) to replace private savings systems.
Ghilarducci's group SCEPA and its plan to eliminate 401(k)s in favor of government-controlled retirement funding (GRAs) enjoys top-level political support. SCEPA's website brags "The White House Middle Class Task Force (chaired by Vice President Joe Biden) and the Government Accountability Office recognize the GRA plan as a viable option to provide retirement security."
Oh, Yes, the Feds Do Indeed
Want Your Retirement Money
Following the Miller hearings on 401(k) "reform," a follow-up 2009 Ghilarducci research paper was music to the ears of cash-strapped Congressional big spenders:
"Guaranteed Retirement Accounts are like universal 401(k) plans except that the government, as befits a large and enduring institution, will invest and manage the pooled savings."
You see, right now individuals get to control the monies within their own 401(k)s and IRAs. What Ghilarducci and other leftists want to change is for 401(k)s and IRAs to become part of a larger Congressionally-managed capital pool.
"Millions of American investors are poised to become 'shotgun investors' in risky government bonds, whether they want to or not."
Under the "phase-in" stage of Ghilarducci's Plan, 50% of your GRA automatically goes to the government upon your passing, not your heirs.
And that's just for starters. All future tax deferments to 401(k)s and IRAs would be scrapped in exchange for a "guaranteed" 3% annual return based on government-directed "investments" (which Ghilarducci herself admits will include -– yep, you guessed it -- HUGE swaths of U.S. government bonds whose value continue to be inflated away).
As Ghilarducci admitted in a Money magazine interview:
"The only answer, and this is after 25 years of looking at it, is to make people save; a mandatory, universal savings plan on top of Social Security... for those in top brackets, income tax will go up -- but so will their retirement security, because even if you are tempted to stop saving, the government is saying, 'you can't.'"
Forcing people to save is controversial enough. Ripping them off is quite another thing. And that's exactly what's going on when hapless investors are forced to pay for government debts in return for paper coupons that will just be inflated away.
The bottom line is millions of American investors are poised to become "shotgun investors" in risky government bonds, whether they want to or not.
New Federal Regulations "Encourage" You to "Convert" Your Retirement Money into a Government-Managed Mega-Fund
Early stages of the Ghilarducci 401(k) confiscation plan are already unfolding.
The U.S. Treasury and Labor Departments just opened up a regulatory process (CFR, Part 1, RIN 1545-BJ04) to alter investment incentives for fund managers to begin pumping money into government-approved "investments."
As the March 9 edition of Businessweek notes, new federal regulations designed to "promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams" includes government-run entities such as the American International Group (AIG), which was bailed out to the tune of $182.3 billion.
Of course, as Businessweek observed, the government-run AIG will almost certainly direct any private retirement monies it receives into "safe" government-approved investments. Put another way, once AIG and other government entities have control of private investment monies, they will "flip" those assets into U.S. Treasury bonds, which are becoming harder and harder to sell to skeptical buyers.
It's all part of a sinister "cattle drive" to herd trillions of dollars in private retirement funds into government-approved "investments" that just so happen to fund cash-strapped federal programs.
Ghilarducci and other 401K-grabbers stress that tax-advantaged private savings programs will still be "legal" under her plan. Clearly, though, Ghilarducci and her Capitol Hill allies don't want voters to realize that once 401(k)/IRA tax advantages are removed, employers will no longer have a financial incentive to offer them at all.
Coming Soon: A Forced March of Private Investments into Social Security
The forced march of private investment dollars into public debt instruments is being pushed forward on other fronts. Buried deep in the recently-enacted Obamacare, for example, is a 3.9% tax on investment transactions -- which applies to private-sector companies only. The upshot? Government Treasuries which are not subject to the investment tax suddenly become far more "attractive."
By altering 401(k) and IRA rules to make them far more "unattractive" investments, the government is setting things up to make "converting" over to a government-run Guarantee Retirement Account your best "choice."
As Karl Denninger of the Market Ticker Website warns: "Choices have a funny way of turning into mandates, and this looks like a raw admission that Treasury knows it will not be able to sell its debt in the open market -- so they will effectively tax you by forcing your 'retirement' money to buy them."
White House Twists Terminology to
Hide This Coming Massive Theft
So as Businessweek noted, it's far more than a coincidence that the Obama Administration is suddenly urging more Americans to "invest" in annuities. Unfortunately, when Obama refers to "annuities," he isn't talking about a normal private-sector financial instrument -- he is referring to the politically-manipulated Social Security Ponzi system.
Let me explain. Just as Bill Clinton twisted the word "investment" to mean increased public spending, Team Obama are transforming the terms "annuity" and "retirement security" to mean your personal savings are to be "managed" by bureaucrats who ration your money back to you in the form of meager, strings-attached monthly increments which are steadily frittered away through inflation.
Obama's Insolvency Crisis Makes
401(k)s and IRAs a Tempting Target
Every crime has a motive and taking control of private citizens' savings is no exception. So far as the bureaucrats who are trying to hold together the government's fragmenting finances are concerned, gaining control of the nation's $15 trillion in private retirement accounts is an absolute necessity, not a "policy option."
Here's the rub: Gigantic financial pressures are driving federal officials to desperation. Yes, desperate enough to seize every private retirement dollar in America and then some. Consider just this one slice of the government's little-understood funding pickle:
On the state-level alone, Uncle Sam is looking at a multi-trillion-dollar bailout of public employee pensions.
More specifically, federal bureaucrats know that a major bailout of total state-level pension obligations is coming. That's because there are an astronomical $5.7 trillion pension obligations against only $1.94 trillion in actual holdings.
Northwestern University economist Joshua Rauh recently calculated 50 states' pension obligations by removing the rigged statistics governments use to make their pensions appear solvent. Rauh learned that in addition to horrific operating deficits, state government pension obligations are (on a national level) a whopping three times greater than their rapidly-collapsing reserves.
Desperation moves by states foreshadow what is to come. Cash-strapped Colorado just tried, unsuccessfully, to grab $500 million from a newly-privatized pension fund. Connecticut has tried to issue creative new accounting rules to camouflage its insolvency.
And the State Supreme Court of New Hampshire recently ordered state officials to return $110 million they "borrowed" from a medical malpractice insurance pool. It goes on and on.
As the old saying goes, the problem with socialism is that you eventually run out of other people's money. Now that horrific moment has arrived. Bottom line: Uncle Sam needs your retirement savings IRA or 401(k) in a big way.
The Next Crisis Will Usher in the Ghilarducci
401(k) Takeover Plan
So here's what you need to know: When the next financial "episode" strikes (probably a federal cash-flow crisis), the Obama-backed Ghilarducci Plan will be ready to implement, at a moment's notice.
I am writing you today so you are not among the millions of Americans who've worked hard to save for retirement -- only to be reduced to standing in line, hat-in-hand, waiting for government bureaucrats controlling "your" GRA to dollop out your monthly portion.
Don't Worry, You Can Come Out Ahead
If You Are Prepared for It!
Now let me get to some GOOD NEWS. If you take me up on the exclusive offer to try a trial subscription to my publication Independent Living at a STEEPLY-DISCOUNTED TRIAL RATE, you will NOT BE CAUGHT OFF-GUARD by the coming nationalization of 401(k)s and IRAs. In fact, you can be among the lucky few who come out ahead!
That's because I will rush you my red-hot report, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs. In ADDITION, you get all SEVEN MUST-READ Subscriber Briefings that make up my Wealth Protection Library for the Obama Era of Rising Socialism. Each of these hot-off-the-presses Special Reports were developed specifically for the crisis window we are in right now.
So in addition to sending you FREE Report #1, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs, you get all the rest of the great reports in my Wealth Protection Library. Let me now explain each report I want to send you in turn. And why it is vitally important I rush them to you immediately – not just for your sake, but for your family and friends as well.
Critical Must-Read Report #2:
Capital Controls "Team Obama" Can Impose without Warning
to Corral Citizens in Dollar Denominated Assets
A major reason you need ALL the FREE reports listed in this letter AND a subscription to Independent Living is because Uncle Sam is moving so fast and so covertly to restrict how you can invest your capital.
"This new power to 'freeze and seize' your money market cash happened completely under the radar screen!"
For example, less than six months ago, the Obama Treasury Department issued new regulations giving the Treasury Department broad authority to "freeze" money market funds without warning or notice.
This new power to "freeze and seize" your money market cash happened completely under the radar screen – without any attention whatsoever from the so-called mainstream financial media.
Just this past March, Congressional activists slipped a dangerous new capital control into the so-called Hiring Incentives to Restore Employment (HIRE) Act. It establishes that going forward, the feds now have the power to "divert" 30% of any transmission of money abroad greater than $50,000.
This sneaky new wealth trap is a telling escalation of federal power to "discourage" capital from fleeing the country. And it is also a warning of confiscatory taxation and political shenanigans with private investment to come.
This astounding, brand-new report gives you the shocking lowdown on the freedom-stealing, investment-destroying provisions of "emergency" legislation, including:
Sweeping new IRS powers that encourage them to go after small businesses and individuals, especially those who dare to flee the dollar.
New hidden energy taxes gas stations and utility companies will soon be passing on to you.
A jump of $17,064 in new Federal debt per U.S. family.
New Investment Regs Will Sucker-Punch
Millions of Unsuspecting Households
My report Capital Controls "Team Obama" Can Impose Without Warning to Corral Citizens in Dollar Denominated Assets also gives you the latest inside skinny on frightening new capital controls that could:
Prevent you from evacuating your precious retirement assets from the dollar and harboring them in more fundamentally sound overseas investments and currencies.
Discourage, and all but ban, investment and trading in precious metals.
Force gold exchange-traded fund investors to accept "cash" for their share in precious metals.
Partially (or totally) restrict 401(k)s and IRAs to inflation-lagging bonds and certain other dollar-denominated assets decreed to be "safe."
URGENT: A key revelation in this report is how to secure your cash in fundamentally strong currencies by using five strategies that may soon be illegal.
This could become very important as access to your own money in the bank may be restricted as well -- in the form of a federally imposed "banking holiday" I just mentioned. Customer withdrawals could at times be suspended to prevent further bank runs or simply restricted by limits and regulatory hamstrings.
The Political Blame-Game is Afoot:
Millions of Retirees Will Take the Fall
You need to be ready for all the surprise financial controls soon to come down the pike (most of which will be buried deep in thousands of pages of legislation that no one but a few Congressional aides have ever read).
You can't get this information anywhere else, because most of the dangerous capital controls Congress has in the pipeline haven't been enacted yet. You can only find this information in my report. It spells out what is likely to come and how you can protect yourself. Details on how to get your hands on this information can be found at the end of this letter.
Critical Must-Read Report #3:
22 Cutting-Edge Strategies for Reclaiming
Your Privacy
from Snoops, Corporations,
and Newly-Unleashed Government Busybodies
Learn how to hide in plain sight. Using the fully-updated, hands-on information in this cutting-edge report, you can reduce your personal and financial "profile" to a point that is lower than 99% of the general public.
Its simple check-list format gives you lots of small, easy-to-implement steps you can take now to significantly reduce your visibility to snoops, bureaucrats, IRS audit fishing expeditions, identity thieves, aggressive marketers, and greedy lawyers and their would-be clients.
Among its most alluring features: It fully exposes the sordid alliance between government bureaucrats and their trained crony capitalists to zero in on your assets, lifestyle, and political convictions. This great hands-on, how-to report is your very best protection!
My 22 Cutting-Edge Strategies for Reclaiming Your Privacy is a critical installment in Independent Living's Wealth Protection Library. You need to get and read this one right away -- because there are critical new developments on this EVERY COUPLE OF MONTHS!
Critical Must-Read Report #4:
New Tax Ambushes to Avoid At All Costs
The newly-enacted 2,700-page Obamacare legislation contains at least 17 additional hidden tax hikes, in addition to new job-crushing mandates for already-beleaguered small employers. Worse, a read of the "fine-print" in Obamacare shows that despite official denials, the IRS is planning to hire at least 17,000 health care enforcement auditors.
This must-read report covers ten of the worst new hidden taxes being thrust upon the American people without warning or notice. From new levies directed at medical device innovators to massive new IRS-imposed penalties aimed at small employers, there are so many moving parts and trap doors hidden in new legislation that this must-have report is an essential addition to your reading list.
Another monstrosity is a 3.9% "investment tax" that is not indexed to inflation -- which means this cut into your personal income will continue to grow and grow and grow.
My report selects the 10 worst tax traps the Obama Administration has secretly pumped into large pieces of legislation enacted by Speaker Nancy Pelosi and Senate Majority Leader Harry Reid.
And it's yours FREE as a new subscriber to Independent Living.
Critical Must-Read Report #5:
Insiders Talk Out of School: Eight BIG Hidden Financial Incentives
Your Broker Has to Steer You to Mediocre Investments
This report is a must. It spells out the MANY perverse incentives Wall Street interests have put into place to sink YOUR money into crummy financial stocks and other underperforming companies which are dangerously dependent on easy credit, cheap energy, and debt-driven consumerism.
Learn how most brokers are financially and politically compromised. You will be red-faced with anger when you see how the system is rigged, for example, to pawn off lousy U.S. banking and finance stocks onto corporate 401(k) plans, pension plans, and private clients.
If in the past you talked with your broker about getting out of U.S. dollar-denominated financial equities or "mainstream investments," it is very likely you were told to "stay put." Maybe you are even being told that now. This report tells you why. Millions of Americans are waking up to the harsh reality that their brokers have steered them straight over a financial cliff.
How to Avoid Politically-Compromised Investment Advice
As this report shows, financial "reporting" networks such as CNBC are funded by the very politically-corrupted banking interests that are seeking to unload underperforming assets on unsuspecting investors.
I warn you, this report is both jarring and a rude introduction to the real world of how investment has come to work in this country. You will never see Wall Street the same after you have read it.
Critical Must-Read Report #6:
How Smart Americans Are Getting Steeply-Discounted
First-Rate Medical Care Overseas
and How You Can Cash in on the Flight of Medicine Abroad
At the height of Obamacare's forced enactment into law, a Canadian cabinet minister fled the jurisdiction of his country's socialized medical system. He quietly flew into the United States to get critical surgery at a private facility. You need and deserve this same option now that Obamacare has become a reality in the United States!
Under Obamacare, the masses face a grim future of overpriced, piddily, cookie-cutter medical care. Yet long before Obama formally politicized medical decision-making, I had already been clueing my Independent Living readers in on how to take full advantage of a little-understood, disturbing trend: The flight of medical research, investment and top-notch services from American shores to more business-friendly countries from Israel to India.
Even before Obamacare, overreaching, dangerously-ignorant political meddling had made a complete hash of U.S. medical innovation. The government's own self-serving numbers even acknowledge it now costs more than $800 million to introduce a new drug in U.S. markets – due to frivolous class-action lawsuits, high tax rates, power-mad FDA bureaucrats, and ignorant, hostile politicians.
Greater Medical Self-Reliance is a MUST: Here's How to Get Started
This investigative Special Report shows you how smart Americans are going abroad to save 90% on heart surgery, 70% on knee operations, 80% on major dental work, and even getting liver transplants for a fraction of the cost (and, let me stress, these procedures are being done in first-rate, fully-certified cutting-edge medical facilities with top-notch, mostly U.S. doctors).
You Need This Medical "PLAN B," Just In Case
Obamacare is a Disaster
Typical "high dollar' medical cost
comparison between the US and India
U.S.A.
India
Bone Marrow Transplant:
$400,000
$30,000
Liver Transplant:
$500,000
$40,000
Open Heart Surgery:
$ 50,000
$ 4,400
Neurosurgery:
$ 29,000
$ 8,000
Knee Surgery:
$ 16,000
$ 4,500
By getting this report, you are putting into your hip pocket some very important information on how to get Senate-level medical care abroad. You or someone in your family can benefit hugely from this report, which shows you how smart expatriates are saving big money on necessary medical procedures.
Get this report now. Even if you or your loved ones never need access to cutting-edge medicine for a fraction of the cost, this report shows you how smart Americans are investing in the growing trend toward expatriate medicine. This is information you won't find anywhere else.
Critical Must-Read Report #7:
Gold Confiscation Alert: 6 Ways to Own
Precious Metals Securely
If a worst-case dollar collapse scenario unfolds, this report could ultimately be the most important item in my entire Wealth Protection Library for the Obama Era of Rising Socialism. In 1933, the Roosevelt Administration ripped off millions of people who had the foresight to buy gold. Today, our government is far more ruthless, far more powerful, and far more financially desperate.
Learn what CNBC will never tell you: Little-known laws and executive orders already in force giving the president the power to confiscate gold simply by declaring an emergency.
My report gleans critical insights from Capitol Hill and Treasury Department insiders who know the most probable methods by which the government will try to save the U.S. dollar by ripping off holders of precious metals. Crucial reading – especially if you own gold in the form of exchange-traded funds (ETFs) or other gold-backed paper instruments.
Under certain conditions explained in this report, federal bureaucrats have the power to confiscate gold or precious metals held by ETFs, and simply issue "cash" payments to the owners. It is VERY important you know what signs to look for in advance of this form of asset confiscation.
You need this important information right away because once confiscations begin, there will be no stopping them or getting out of the way at the last minute. You must think these risks through in advance! There is LOTS of new information contained in this hot-off-the-presses report. I want to get it to you right away.
Don't Be Blindsided By Dangerous Plots
to Seize Your Wealth
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Washington power-grabs are multiplying geometrically. Each of the seven reports in my Wealth Protection Library for the Obama Era of Rising Socialism are totally up-to-date and must-read. And I will send ALL of them to you with a steeply-discounted trial subscription to my monthly 20-page intelligence advisory, Independent Living.
Each month, Independent Living UPDATES you on sneaky new Washington schemes which have a DIRECT bearing on how you live, invest, and protecting what's yours. In my 20+ years of publishing discreet, ahead-of-the-curve information about threats to your health, wealth and retirement planning, never before have I seen so many danger signs. NEVER.
That's why as an Independent Living reader, you ALSO get regular email bulletins from me on new developments that happen between each monthly issue. This FREE additional service has become an absolute necessity so that my readers are NEVER surprised by power and wealth grabs.
I Want to Give You the Most Important
Self-Insurance Program You Will Ever Own
Now let me tell you a little bit about Independent Living and why it has become the nation's fastest-growing financial and hard money intelligence advisory.
This monthly treasure trove of inside information is for discerning, ahead-of-the-curve individualists like you – who want to use the system to your advantage. Not getting caught flat-footed in our politically-dominated and corrupted financial and medical systems. Reducing your profile. Achieving the maximum level of self-reliance possible.
Independent Living keeps you clued into the best medical care and most exciting breakthroughs the public won't know about for years. Getting the most out of your tax-planner and broker. Setting yourself up for the highest-possible quality retirement.
Independent Living exists to help our readers attain the most out of life! Our sole mission is my personal passion: To strengthen and protect your health, financial independence, security, privacy, and prosperity – especially in this rapidly-changing economy and challenging legal, regulatory and tax environment.
Consider these important warnings and opportunities we have recently shared with our valued subscribers:
It wasn't necessarily what readers wanted to hear, but in 2006, while most homeowners were in a state of disbelief over the housing bubble, we suggested that anyone who had a home for sale offer a steep discount before the market demanded even lower prices. Home values have since plunged 32.6% nationwide according to Standard & Poors.
We warned readers that even after the initial plunge of Real Estate Investment Trusts (REITS) in summer '07, they were still grossly overvalued. REIT values fell by HALF in the ensuing 24 months.
When most experts saw crude oil as overpriced at $50, we called $100+ oil "inevitable." Then as crude surged toward $145 per barrel in spring '08, we warned prices could fall back under $80 per barrel.
We urged Independent Living subscribers to avoid the U.S. financial sector before the floor fell out. Long before the collapses of Bear Stearns, Countrywide Financial, and Indymac, we specifically and urgently warned that the banking system was a house of cards and gave our readers the information they needed to steer away from the riskiest banks and brokerages.
While investors fled out of risky assets and into the "safety" of U.S. Treasuries, we said investors were merely blowing up a new bubble that was about to burst. In 2009, the Treasury market took its worst hit since 1994. Instead of taking losses, our readers had already been directed to specialty "inverse" instruments that yielded profits of 30-50%.
While a panicky Wall Street (along with a slew of investment newsletters) told people to sell stocks at the very bottom of the crash, Independent Living readers were urged in early 2009 to snap up mining stocks, gold, silver, energy, and other prime assets that had been thrown out with the bathwater. Most of the sectors we picked went up more than 100% in the following 12 months!
The best news is this: You can get ALL SEVEN of the reports listed above in my Wealth Protection Library for the Obama Era of Rising Socialism. You can get them simply by trying a risk-free trial subscription to my publication Independent Living.
I know for a fact you will value Independent Living highly. Because its no holds barred reporting and emphasis on rubber-hits-the-road practical advice has made it America's must-read private intelligence advisory for smart investors, savvy taxpayers, and health-conscious Americans.
And a risk-free trial subscription to Independent Living is surprisingly affordable too – 12 information-packed issues for a mere $69! (That's a whopping $70 OFF the normal renewal rate of $139!) And that INCLUDES ALL SEVEN FREE reports contained in my Wealth Protection Library for the Obama Era of Rising Socialism.
The information contained in these seven blockbuster reports is well worth hundreds if not thousands of dollars!
PLUS Get Four FREE EXTRA Reports!
Here's How...
Your second (and in my opinion BEST) option is to try a risk-free, fully-guaranteed subscription to Independent Living for a mere $99 for two years (24 information-packed issues at a stunning savings of $179) and I will rush you ALL SEVEN components of my new Wealth Protection Library. But there's more.
In addition to your two-year trial subscription to Independent Living and ALL SEVEN Wealth Protection Library reports explained above, I WILL THROW IN FOUR ADDITIONAL FREE BONUS REPORTS:
Additional Bonus Report #1: Smart Money Dispatch: Where the Richest and Most Successful Investors Are Putting Their Money Right Now.
Additional Bonus Report #2: Mainstream Insurance Companies Poised to Go Bust Without Warning Or Notice: How to Make Sure YOUR Existing Coverage is Secure.
Additional Bonus Report #3: The Final Days of the Dollar: 10 Last-Minute Preparations You Need to Make Now.
Additional Bonus Report #4: Everything You Need to Know About Picking a Stable Bank and Keeping Your Money Safe
That's a total of 11 amazing reports! And remember, with your two-year fully-guaranteed subscription to Independent Living for a mere $99, you SAVE a whopping 64% AND get the complete Wealth Protection Library, a total of 11 MUST-READ reports.
My Personal Full One-Year Guarantee
of Complete Satisfaction
Under my NO-RISK, FULL GUARANTEE policy, you can cancel your risk-free trial subscription to Independent Living for a FULL REFUND for an entire year. AND you get to KEEP ALL THE REPORTS with my heartfelt thanks just for giving Independent Living a fair and honest try!
You very much need the bold, unconventional reports in my Wealth Protection Library. This library provides a great foundation to help you protect what's yours and is designed to mesh with the UPDATED information we send to you each month in Independent Living.
These Wealth Protection reports, the monthly newsletter and my FREE email advisory service all work together to steer Independent Living readers through an unprecedented and still-unfolding economic disaster. Information you will not find anywhere else – practical, ahead-of-the-curve insights you will be very glad you obtained.
Your Satisfaction Guaranteed AND
You Keep the Reports No Matter What
One last thing: You absolutely, positively need a copy of my must-read report, The Obama Administration's Secret Plan to Hijack Your 401(k)s and IRAs. Remember, you can get it (and TEN OTHER KEY REPORTS) FREE just for trying a fully-guaranteed, two-year risk-free subscription to Independent Living.
Yours in Prosperity and Preparation,
Lee Bellinger, Publisher
Independent Living
P.S. My very BEST OFFER is to try a risk-free, fully-guaranteed subscription to Independent Living for a mere $99 for two years (24 information-packed issues for $179 off!) and I will rush you ALL SEVEN components of my new Wealth Protection Library. In addition to your two-year trial subscription to Independent Living and ALL SEVEN Wealth Protection Library reports explained above, I WILL THROW IN FOUR ADDITIONAL FREE BONUS REPORTS:
Additional Bonus Report #1: Smart Money Dispatch: Where the Richest and Most Successful Investors Are Putting Their Money Right Now.
Additional Bonus Report #2: Mainstream Insurance Companies Poised to Go Bust Without Warning Or Notice: How to Make Sure YOUR Existing Coverage is Secure.
Additional Bonus Report #3: The Final Days of the Dollar: 10 Last-Minute Preparations You Need to Make Now.
Additional Bonus Report #4: Everything You Need to Know About Picking a Stable Bank and Keeping Your Money Safe
So again, for just $99 you get 11 GREAT REPORTS you can keep no matter what. PLUS a great 2-year subscription to Independent Living that is fully guaranteed. You are covered on ALL SIDES!
P.P.S. MY VERY, VERY GOOD OFFER: Get ALL SEVEN reports listed above in my Wealth Protection Library for the Obama Era of Rising Socialism by trying a risk-free one-year trial subscription to Independent Living (12 information-packed issues) for $69! You SAVE $70.
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OR
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Order online now, or
simply call my 24-hour customer service line: 877-371-1807 and give them
the code LP002ZB.
One last thought: If you agree with my reasoning in this briefing, you absolutely should try Independent Living on the highly-favorable, risk-free terms proposed above. Even if you think there is only a one-in-five chance the federal government has designs on your retirement monies, then you absolutely should try Independent Living. It is the very best investment you can make right now.
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377 Rubin Center Drive • Suite 203 • Fort Mill, SC • 29708 • (877) 371-1807
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