… be prepared, protect your assets, act now, this is just the begining.
Keep your eye on the ball:
Tom Sirois
Great Barrington, MA
Random Observations On (Local and not so Local)Financial Literacy Topics
… be prepared, protect your assets, act now, this is just the begining.
Keep your eye on the ball:
Tom Sirois
Great Barrington, MA
A major secret of successful taxation is to make it painless. To do this, taxes must be hidden. Governments tax output up the entire supply chain. The sellers collect the tax. The public does not perceive this.
Check out this (humorous) video.
I think it is very effective in showing how the government gets there “share” of pretty much everything we do and consume.
Thoughts?
Tom Sirois
Great Barrington, MA
Couple items come to mind:
What do you think?
Tom Sirois
Great Barrington, MA
CNNMoney.com reports:
Barring serious efforts to curb the growth in the country's debt, by 2020 Washington could be spending 92 cents of every tax dollar on Medicare, Medicaid, Social Security and interest alone. That would leave just 8 cents to pay for everything else.
Does that put the problem in perspective for you?
Tom Sirois
Great Barrington, MA
“Don’t trust your government. Do your own research. Use common sense. If you don’t understand the strategy, don’t invest in it.“
Harry Markopolos is the man who blew the whistle on Bernie Madoff’s $60 Billion Ponzi Fund. Visit msnbc.com for breaking news, world news, and news about the economy'>Visit msnbc.com for breaking news, world news, and news about the economy'>Here is an breif interview with him:
Mr.Markopolos’ advice to investors should be translated to the non-financial world as well. If you rely solely on the information being presented to you by our government then you’re not getting the full story - ever.
Take responsibility for building your own knowledge base, independently of traditional sources, and implement strategies specifically designed by you, for your own benefit.
Tom Sirois
Great Barrington, MA