House of Cards went Global
I would say to Mr Maloney, thank you – the data is indeed alarming, however in a fraudulent and manipulated worldwide system such as this one, the institutional investors’ market trend line is upward (after each brief correction).
I have documented many times how the timing of calamity has defied analysts and the precious metals are the most closely watched and most defiant.
Individually, we should prepare for the looming engineered emergencies and crises and form alternative community efforts as solutions.
Reach your own conclusions, but at minimum
Watch, Research and Share this:
Title: 5 Reasons Stock Market TO CRASH, Gold & Silver Price To SOAR – Mike Maloney
Video posted 12 May 2016
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Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz
Ronmamita's Blog 
Slaves Love Their Masters
Money Masters are loved by governments, it is like the “Stockholm Syndrome”.
Title: BANKSTER MONEY CREATION ENSLAVEMENT — Marco Saba
Video posted 09 May 2016
David Morgan: Silver Shreds The Dollar
Precious metals investor David Morgan reminds us that silver certificates were redeemable for silver, and China was exporting silver, but China doesn’t export silver anymore and is a major importer. David Morgan explains what he thinks the result will be…
Title: DOLLAR DEMISE: SILVER MOVES TO CHINA – David Morgan
Video posted 11 May 2016
System of Voluntary Taxes
Click here to listen
[video src="https://videos.files.wordpress.com/5S57Et9s/02-irs-clip-voluntary_dvd.mp4" /]
Grand Theft: Wealth Transfer
It’s BAD and it can get worse…
401(k) Plan Has Been a Disaster for Black Workers (And a Wealth Transfer to Wall Street for Everyone Else)
By Pam Martens and Russ Martens: May 11, 2016
Source: 2013 Survey of Consumer Finances
A new report from the Government Accountability Office (GAO), the nonpartisan investigative arm of Congress, shows that Black workers experienced devastating declines in their defined contribution plan balances (mostly 401(k) plans) between 2007 and 2013 – an experience not shared by White workers.
According to the GAO, Black working households’ median 401(k) balance declined by a stunning 47 percent between 2007 to 2013, the latest date for which data is available. The median balance for Black working households in 2007 stood at $31,100 versus $16,400 in 2013. To put that 47 percent decline into sharper focus, the GAO found that the 401(k) balance for White working households “did not change significantly over the same period.”
That isn’t actually good news for White workers either since they were likely making regular contributions to their 401(k) plans while the account value went nowhere.
Unfortunately, the GAO report leaves one to draw their own conclusion as to precisely why Blacks experienced this devastating hit to their wealth during the financial crisis years of 2007 through 2009 and its aftermath into 2013. The GAO drops only hints as to what might have happened.
One hint is that Black working households likely experienced greater levels of unemployment during the financial crisis years and had to take loans from their 401(k) plans. The report found that 15 percent of Black working households took loans in 2010, compared to 9 percent of White working households.
The GAO also cited an Ariel/Aon Hewitt study in 2012 that found that 63 percent of Black workers (versus 39 percent of White workers) cashed out their 401(k) plan when they left their job, rather than rolling it over into an IRA.
Another possibility that we came up with is that from peak to trough, the Standard and Poor’s 500 index of stocks declined a devastating 56.8 percent from October 9, 2007 to March 9, 2009. Many investors will sell out when their account value loses half of its value, fearing they will lose it all if they stand pat.
Based on our own research, most workers, regardless of race or ethnic background, do not understand or appreciate the compounding impact of holding financial assets in a tax-deferred plan over a working lifetime. If they did, they would certainly grab those 401(k) funds in their old plan when they leave a job and roll them into their own IRA to continue that tax-deferred compounding for the remainder of their working life. Only when funds are withdrawn from the 401(k) or IRA are they taxed. The ideal plan is to allow the assets to compound without taxes eroding the growth until the worker retires and begins withdrawals to supplement income in retirement, when he or she will likely be in a lower tax bracket.
The self-directed IRA, where the employee can avoid the stock market if they don’t have the stomach for that roller-coaster, can be moved to an FDIC insured community bank where insured investments like Certificates of Deposit with staggered maturities can be selected for those seeking safety.
Unfortunately for all workers, the 401(k) has been turned into a wealth transfer system for Wall Street. In 2013 the PBS program, Frontline, brilliantly dissected what is actually going on behind the dark curtain of the typical 401(k) plan. Frontline investigators confirmed that if you work for 50 years and receive a long-term return of 7 percent on your 401(k) plan and your fees are 2 percent, almost two-thirds of your account will go to Wall Street.
The Frontline program, The Retirement Gamble (which can be viewed here) was written by the outstanding team of Martin Smith and Marcela Gaviria. Smith interviewed John Bogle, founder of The Vanguard Group, which is known for its low fee index mutual funds. Bogle is something of a brain trust when it comes to investing. He was Chairman and CEO of Vanguard from 1974 to 1996 and graduated magna cum laude from Princeton University with a degree in Economics.
-Read more: http://wallstreetonparade.com/2016/05/401k-plan-has-been-a-disaster-for-black-workers-and-a-wealth-transfer-to-wall-street-for-everyone-else/
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The Hillary Code Observation
Criminal operation: Hillary Clinton is a key player!
Quote:
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Community solutions: very wise advice.
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Have you considered how the nearest globalists’ institution will attempt to implement emergency powers and “crisis management”?
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They will have a rather hard time where I live – we don’t have cops everywhere in New Zealand as they do in the US.
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May New Zealand continue to be blessed. Perhaps leadership by example communities such as yours will be the catalysts for the next Age.
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Who Can Trust Washington DC?
Title: Muslims law enforcement distrust corruption – US Attorney Ben Wagner
Video posted 04 May 2016
Title: Unbelievable Political Developments In The Last 2 Days
Video posted 12 May 2016
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Flush That Retirement Pension Down The Drain
The Federal Reserve says Negative Interest Rates (NIRP) are possible.
The Federal Reserve admits the Stock Markets doesn’t show health of economy.
http://www.bloomberg.com/news/articles/2016-05-12/yellen-doesn-t-rule-out-negative-rates-in-letter-to-congressman
http://www.reuters.com/article/usa-fed-yellen-idUSN2222725320100222
Title: Americans Can NEVER Retire as U.S. Breaks Record For 65 Year Old Workers!
Video posted 14 May 2016
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