The world is changing at an increasing pace and no one knows how all the cards will fall. We need options and this is our fourth article in this series on the need to have alternate income and residences.
My English driver’s license and the problems of local politics in a technologically global world.
Here is my English driver’s license. ID used to be so simple. Photos were not required… a paper image… did not the man make. Signatures of government permission were not required to have rights or to exist.
Now normally not only is photo ID required for us to prove who we are in this day and age… but the photo must be an approved photo. What kind of power does this give the bureaucrat who determines what is approved or not?
Photo IDs help those who provide our security… a bit. Yet should we wonder if these requirements take away more freedom than they provide? Are their risks of misuse by governments and government personnel? Do the added complications, frustrations and red tape required to live a normal, simple, law abiding life outweigh the benefits created by these nominal security arrangements?
How our lives have changed when it comes to obeying laws and there is a growing crunch. The maxim… “all politics are local” remains true. Yet we live in an increasingly global world.
All politics are local. If you do not believe it, cast your eyes towards Iowa. Then it gets complicated because global technology allows the world to see the caucus there so the local politics of Iowa increasingly affects thinking around the world.
This clash between local desires and global needs creates confusing situations that can bring risk.
A recent USA Today article entitled “Several new state laws set for 2012” by William M. Welch says: Some 40,000 laws were passed by legislatures meeting in all 50 states during 2011, according to the National Conference of State Legislatures, and many have a start date of Jan. 1, 2012. California, as usual, is implementing a wide range of new legal requirements. Under some of California’s other new laws: School sports teams must bench an athlete suspected of sustaining a concussion or head injury until cleared by a health care provider. Production, distribution and sale of beer to which caffeine has been added is prohibited. Sale, trade or distribution of shark fins, popular in Chinese cooking, is prohibited in most cases. Oregon has a similar new law.
Say good bye to shark’s fin soup… unless you want to travel to Washington or Las Vegas perhaps. What implications though does this have for a Californian who eats Shark’s Fin Soup in Nevada? US Federal Law for example says that any American who bribes a foreign official even though out of the USA… commits a felony.
Take for example how technology alters the way laws are enforced.
The website for a TV station Connecticut WTNH in an article at their website entitled “Hunting violation alleged after video deer kill” reports (bolds are mine): A New Hartford hunter who posted a YouTube video showing him killing a deer on his property has been charged with a state hunting violation.
The Republican-American and The Hartford Courant report that Anthony Piana was charged with failing to report a deer kill within 24 hours. He killed the white tail deer on Monday.
Deer kills must be reported to the state for wildlife management data. The three-week rifle and shotgun season ended in early December, but property owners can hunt with rifles on their land until the end of the year. The 44-year-old Piana, who identified himself and his son on the video, faces a $200 fine and up to 60 days in jail and is scheduled to appear in Bantam Superior Court Jan. 9.
Due to technology this hunter who legally shot a deer could face two months in jail due to the internet and being slow to file paperwork.
How many little… even nutty laws that we violate each day could bring financial ruin or even worse send us off to jail.
The USA Today article shows how local regulation can also confuse. It says: Several states have enacted requirements that some businesses use the federal E-Verify program to determine whether new workers are eligible under immigration laws.
Alabama adds a requirement that employers who do business with the government use E-Verify for new workers. Other states adopting E-Verify requirements include Louisiana, Tennessee, South Carolina and Georgia.
Countering the trend, California will prohibit local governments from requiring a private employer to use E-Verify.
This is a problem as these local laws would seem to hinder nationwide trade. Can a California farmer who is prohibited from using E-Verify send goods to a government agency to the state of Georgia without violating that State’s legislation?
Big business of course can afford to hire attorneys to sort all this out. Yet the bulk of America’s employment is from small businesses which depend on a solid national platform that is simple enough for us common folk to understand and use.
Some say that we should complain to our Representatives at Congress. However getting the person you want into the Capital Building becomes harder if you live in several states… unless you have that picture to show that you exist. Again from the USA Today article: New laws requiring voters to present photo identification will go into effect in Kansas, Rhode Island, Tennessee and Texas, the legislatures conference said. Supporters of the law say it prevents fraud; opponents say it will make it harder for minorities and seniors to cast ballots.
At the national level there is (and should be) special concern about The National Defense Authorization Act (NDAA) for Fiscal Year 2012. This new law gives the US President authority to indefinitely detain terrorism suspects without trial including U.S. citizens arrested on American soil. Eliminating a person’s right to exits in the eyes of the state without a proper photo is bad enough. Giving anyone the power to detail another without due process is horrible… a major infringement, in my opinion, of human rights.
Threading the needle between state and federal law is complicated enough but now we get into international law because we live in a global community.
What happens if you decide to build your business in Europe for example from Ecuador or the USA? Now you have to think about European laws such as Data Protection Regulations.
Data protection (DP) is a very good illustration of the difficulty and complexity facing businesses dealing with overlapping national jurisdictions in an increasingly global market-place. In the UK for example the Data Protection Act 1998 (DPA) implements the EU’s Data Protection Directive (Directive) designed to force harmonization of DP law throughout the EU. European DP law is very much more stringent than in the US, where it is often non-existent, voluntary or regulated at the state not federal level (i.e. not harmonized and often not taken as seriously).
There was a big fuss when the EU’s Directive was implemented as it prevented any European company exporting ‘personal’ data overseas (personal data can be almost any information relating to a living person) unless the overseas receiver/data ‘processor’ had ‘adequate’ data protection in place. The US did not – but after huge political and commercial pressure a half baked compromise was agreed called ‘Safe Harbor’ where personal data could be exported from Europe to the US under Safe Harbor.
In short, anyone collecting personal data in Europe/the UK and sharing or selling it is regulated by the DPA.
Many DPA breaches are criminal breaches (i.e. serious) and can lead to statutory fines up to £500,000 per breach. Although the fines in practice are very much dependant on the seriousness/recklessness/potential adverse consequences of a breach and the ability to pay. Most action in fact involves some kind of slap on the wrist and undertaking not to do it again. Directors of a company may however be personally liable and therefore exposed to significant civil fines.
Should we be concerned walking through this mine field of State, Federal and International laws?
Even if all the added complication in today’s life is not necessary, we probably cannot change this drift.
What we can do is create alternatives so if life becomes too cumbersome in one place we can go to another… or at least earn elsewhere.
This is one reason I like writing and publishing as a business. In most nations and in most localities this is one of the hardest businesses to restrict. Benefits come in the form of legal protection. Publishers are protected by the U.S. constitution. You do not need a license to publish. There is no government watchdog nor do you have bureaucratic red tape involved in publishing.
Plus the electronic nature of publishing now means that intellectual data can be created… prepared… forwarded and distributed from almost anywhere to anywhere!
For example several times during American recessions our Canadian customers have greatly enhanced our business.
I do not like this 40,000 new laws but recognize that we live in an era of increasing change. Some of this change will not be good for those who do not embrace the benefits of the evolution and adapt. Change makes the world more complicated. We just saw 40,000 examples of this fact. Then again this creates 40,000 business opportunities… a publication on how to prosper from new laws for example.
Alternative incomes can give us the means to remain where we are but still be free of onerous regulations. With alternative residences we can choose to be where we desire or feel we are most needed or where we are happiest. We can stay under the radar or stand or fight longer if we know… we have the option to move along to a place where we have greater freedom to life, liberty and happiness if change is one place creates an atmosphere that is not in our own best interest.
Embracing change for fun and profit does not come from changing the change or the world. The opportunity comes from within as we change and adapt…become a new person… better in 40,000 ways to to take advantage of an evolving market place and world.
Learn how to embrace change by becoming more intelligent with Super Thinking as you learn Spanish in four days this January 12-15 or March 8-11, 2012.
Join the International Club and attend all the seminars, courses and camps above free… plus gain much more… save over $7,000.
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The Huge 2020 RiskHere is a huge risk that could explode in 2020.
I hope I am wrong… but the numbers are clear.
According to Treasurydirect.com, (1) as of December 26, 2020 the total US public debt was 23 trillion and 845 billion dollars.
This is not a theoretical problem for the future. This is not something that our children and grandchildren will have to deal with. This is a problem in the here and now for you and me.
Rising interest rates create a massive problem for every American.
Look at how the interest costs alone have risen to over a half trillion dollars a year.
The bad news is that the (US federal debt) is getting bigger….harder to miss. The Congressional Budget Office (CBO) projected in 2010 (the debt then was a bit over 14 trillion) that, under law at that time, debt held by the public would exceed $16 trillion by 2020, reaching nearly 70 percent of GDP.
The $7 Trillion Error.
They sure goofed on that. Here we are… only in 2020 and debt has shot past 23 trillion.
How could the CBO be so wrong?
The CBO screwed up because they could never imagine that the Fed would push interest rates so low… and keep them there. The interest rates are so low that the government has been able to borrow more than imagined and still afford the interest.
For example, US Federal government interest last year amounted to around $573 billion. Yet in 2008 on debt of only $9 trillion + the interest that year was $451 billion +.
Interest payments in 2017 were 27% higher than they were in 2008. Yet the debt is over 250% higher.
Very low interest rates have helped the government borrow. Low interest has also helped the US stocks reach all time high prices.
The government will resist raising rates because it will ruin their budget, cause a collapse of the stock markets and destroy the US dollar.
Rising interest rates, will create an almost unimaginable debt crisis. If government interest doubles it is like the $23+ trillion national debt rising to 46 trillion! Unless there are some huge tax increase the interest payments are not sustainable.
Learn how to have more freedom and time, less stress, better health care, extra income, greater safety and profit in your savings despite America’s deficits, debt and currency risk.
Fortunately there are secrets that will allow a few to live much better, free of debt and worry despite the decline in the dollar’s purchasing power. My wife, Merri and I, have traveled, lived, worked and invested around the world for nearly 50 years to gain this information.
Let me share the basics of this data and how we can be of help through 2020.
The first fact behind this secret is that things are really good in the western world. Despite many problems, we are surrounded by more abundance and greater opportunity than almost anyone has ever enjoyed, anywhere, ever. To enjoy a fair share of this wealth, all we have to do is understand human nature and learn how to invest in the new economy, as it changes and becomes new, again and again.
Merri and I have made seven huge transitions in the 50 years. Each has allowed us to always stay ahead of losses that the majority of Americans suffer. We are in another transition right now and want to share why and what to do so you can stay ahead and live a richer, independent life through 2020 and beyond.
A falling US dollar is one of the greatest risks we have to our independence, safety, health, and wealth, but also brings a window of huge profit as I explain below. Though the greenback has been strong for a number of years, its strength is in serious jeopardy. The growing federal deficits increase the national debt and this with rising interest rates propels a growing debt service.
While the Dow Jones Industrial Average passed a record high, the U.S. national debt passed the $20 trillion mark.
The problem is that the Dow will come back down. National debt will not fall.
The double shock of money fleeing Wall Street and US debt skyrocketing, will destroy the purchasing power of the greenback.
Go to the store even now. Statistics say inflation is low, but buy some bread or, heaven forbid, some fresh vegetables like peppers or fruit. Look at the cost of your prescription or hospital bills. Do something simple like have your car serviced at an auto dealer. Look at the dollars you spend and you’ll see what I mean.
The loss of the dollar’s purchasing power erodes our independence, our freedom and our savings and wealth as well.
At the same time, low interest rates by big banks and higher health care costs soak up the ever diminishing income and savings we have left. According to a Gallup poll, the most unpopular three institutions in America are big corporations & Wall Street banks, HMOs and Congress.
Yet there is little we can do because these institutions are in control.
Over the last 50 years the average income for 90 percent of the American population fell. Our health system is restricted by a Kafka-esque maze of legislation and insurance regulations that delay, frustrate, and thwart attempts by patients and doctors from proper medical care. Big banks and corporations restrict our freedom of choice. The business customer relationships are no longer transactions between free equals.
Banks can trap us in indebtedness at every age from student loans to mortgages to health care costs. They pay almost nothing on our savings. They hide unexpected fees and payments in complex and unreadable documents. Banks and big corporations routinely conceal vital information in small print and then cheat. Weak regulations and lax enforcement leave consumers with few ways to fight back. Many of these businesses ranging from cable TV to phone and internet service to health insurance have virtual monopolies that along with deceptive marketing destroys any form of free market.
These same companies control the credit-scoring agencies so if we don’t pay unfair fees, our credit scores will plunge and we could lose the ability to borrow money, rent an apartment, even to get a job. Many consumers are forced to accept “arbitration clauses” in lieu of legal rights. The alternative is to lose banking, power, and communication services.
Big business has also usurped our privacy. Internet companies sell our personal data. Personal information is pulled from WiFi and iPhones track and store our movements. The government can access this information, sometimes without subpoenas. There’s a lot that we don’t know, often withheld under the guise of “National Security.”
The glow on Western democratic capitalism has dimmed… or so it seems. The US, leading the way, is still a superpower with economic, innovation and military might, but the institutions that should serve the people have become flawed or broken.
America’s infrastructure is in shambles. The nation’s bridges are crumbling, many water systems are filled with toxins, yet instead of spending more to fix this, we build more prisons. The 2.2 million people currently in jail is a 500 percent increase over the past thirty years. 60% of the inmates belong to ethnic groups. Not just non-white ethnic groups are suffering. Annual death rates are falling for every group except for middle-aged white Americans. Death rates are rising among this group driven by an epidemic of suicides and afflictions stemming from substance abuse, alcoholic liver disease and overdoses of heroin and prescription opioids.
America’s middle class is shrinking. Nearly half of America’s income goes to upper-income households now. In 1970 only 29 percent went to this group. How can we regain our freedom, our happiness and our well being in such a world?
What can we do?
Gain a better, freer life is to combine better health, higher income and greater savings for a happier, more resilient lifestyle.
Merri and I will celebrate our 50th year of global living, working, investing and researching to find and share ideas on how to have simpler, low stress, healthier, more affluent lifestyles. Our courses, reports and email messages look at ways to gain:
#1: Global micro business income.
#2: Low cost, natural health.
#3: Safer, more profitable, investments that take little time or cost to buy and hold… so you can focus on earning more instead
Many readers use our services for just one of these three benefits. They focus only on health or on earning more or on better, easier investing.
28 years ago Merri and I created the International Club as a way for readers to join us and be immersed in all three of these benefits. The International Club is a year long learning program aimed at helping members earn worry free income, have better affordable good health and gain extra safety and profits with value investments.
Join us for all of 2020 NOW.
The three disciplines, earning, health and investing, work best when coordinated together. Regretfully the attacks on our freedom are realities of life. There is little we can do to change this big picture. However we can change how we care for our health, how we earn and how we save so that we are among the few who live better despite the dollar’s fall.
We start with better lower cost health care.
Club membership begins by sharing ways to be free of the “Secret Hospital Charge Master”. Just as governments hide truth behind “National Security”, big health care businesses hide medical truths behind “Charge masters”. Most hospital charge masters are secret because big business does not want us to know how much hospital costs have risen. Motivations beyond our good health, like corporate greed, want to keep us in the dark about health care cost.
Despite rising health care costs, a report from the Centers for Disease Control & Prevention shows that hospitals are the last place we want to be for good health. One report shows that hospital-acquired infections alone kills 57% more Americans every year than all car accidents and falls put together.
Often, what patients catch in the hospital can be worse than what sent them there. Governments and health care agencies agree – antibiotic resistance is a “nightmare.” An antibiotic-resistant bacteria may be spreading in more hospitals than patients know. About one in every 25 hospitalized patients gets an infection and a report from the Journal of Patient Safety showed that medical errors are the third-leading cause of death in the country.
Along with the risk of hospital acquired illness and medical errors, the second huge threat to our well being… is health care costs, especially at hospitals. This is why charge masters are so often secret. There are few risks to our wealth that are greater than a hospital stay.
I have created three natural health reports are about:
Each report is available for $19.95. However you’ll receive this free as club member and save $59.85.
Club members also receive seven workshops and courses on how earn everywhere with at home micro businesses. We call this our “Live Well and Free Anywhere Program”. The program contains a series of courses and reports that show ways to earn and be free. These courses and reports are:
- “International Business Made EZ”
- “Self Fulfilled – How to Write to Sell”
- Video Workshop by our webmaster David Cross,
- The entire weekend “Writer’s Camp” in MP3
- The report “How to Raise Money Abroad”
- Report and MP3 Workshop “How to Gain Added Success With Relaxed Concentration”
- The course “Event-Full – How to Earn Conducting Seminars and Tours”
This program is offered at $299, but is available to you as a club member free. You save $299 more.
Next, club members participate in an intensive program called the Purposeful investing Course (Pi). The purpose of Pi is finding value investments that increase safety and profit. Learn Slow, Worry Free, Good Value Investing.
Stress, worry and fear are three of an investor’s worst enemies. These destroyers of wealth can create a Behavior Gap, that causes investors to underperform in any market good or bad. The behavior gap is created by natural human responses to fear. Pi helps create profitable strategies that avoid losses from this gap.
Lessons from Pi are based on the creation and management of a Primary Pi Model Portfolio, called the Pifolio. There are no secrets about this portfolio except that it ignores the stories from economic news (often created by someone with vested interests) and is based mainly on good math that reveals the truth through financial news.
The Pifolio is a theoretical portfolio of MSCI Country Benchmark Index ETFs that cover all the good value markets using my 50 years of global experience and my study of the analysis of four mathematical investing geniuses (and friends).
There are seven layers of tactics in the Pi strategy.
Pi Tactic #1: Determine purpose and good value.
Pi Tactic #2: Diversify 70% to 80% of portfolio equally in good value developed markets.
Pi Tactic #3: Invest 20% to 30% equally in good value emerging markets.
Pi Tactic #4: Use trending algorithms to buy sell or hold these markets.
Pi Tactic #5: Add spice speculating with ideal conditions.
Pi Tactic #6: Add spice speculating with leverage.
Pi Tactic #7: Add spice speculating with forex potential.
The Pifolio analysis begins with a continual research of international major stock markets that compares their value based on:
#1: Current book to price
#2: Cash flow to price
#3: Earnings to price
#4: Average dividend yield
#5: Return on equity
#6: Cash flow return
#7: Market history
We combine the research of several brilliant mathematicians and money managers with my years of investing experience.
This is a complete and continual study of what to do about the movement of international major and emerging stock markets. I want to share this study throughout the next year with you.
This analysis forms the basis of a Good Value Stock Market Strategy. The analysis is rational, mathematical and does not worry about short term ups and downs. This strategy is easy for anyone to follow and use. Pi reveals the best value markets and provides contacts to managers and analysts and Country Index ETFs so almost anyone can create and follow their own strategy.
The costs are low and this type of ETF is one of the hardest for institutions to cheat. Expense ratios for most ETFs are lower than those of the average mutual fund. Little knowledge, time, management or guesswork are required. The investment is simply a diversified portfolio of good value indices. Investments in an index are like investments in all the shares of a good value market.
Pi opens insights to numerous long term cycles that most investors miss because they have not been investing long enough to see them.
The Pi subscription is normally $299 per annum but as a club member you receive Pi at no charge and save an additional $2299.
Profit from the US dollar’s fall.
In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich. Some of my readers made enough to retire. Others picked up 50% currency gains. Then the cycle ended. Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview. He said: Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!
Club members receive a report about opportunity in the current strength of the US dollar is a second remarkable similarity to 30 years ago. The dollar rose along with Wall Street. Profits came quickly over three years. Then the dollar dropped like a stone, by 51% in just two years. A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.
This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago. The trends are so clear that I created a short, but powerful report “Three Currency Patterns for 50% Profits or More.” This report shows how to earn an extra 50% from currency shifts with even small investments. I kept the report short and simple, but included links to 153 pages of Good Value Stock Market research and Asset Allocation Analysis.
The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000). There is extra profit potential of at least 50% so the report is worth a lot.
This report sells for $29.95 but when you become a club member you receive the report, “Three Currency Patterns For 50% Profits or More” FREE.
Plus get the $39.99 report, “The Platinum Dip 2019” free.
With investors watching global stock markets bounce up and down, many missed two really important profit generating events. The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV). The second event is that the silver gold ratio hit 80 and has remained near this level, compared to a range of the 230s only two years ago.
Now there is a new distortion ready to ripen in the year ahead.
These two events are a strong sign to invest in precious metals.
I prepared a special report “Platinum Dip 2019”. The report explains the exact conditions you need to make leveraged precious metal speculations that can increase the returns in a safe portfolio by as much as eight times. The purpose of the report is to share long term lessons about speculating in precious metals gained through 30 years of speculating and investing in gold and silver.
The low price of silver offers special value now so I want to send you this report because the “Platinum Dip 2018” offers enormous profit potential in 2018.
The report “Platinum Dip 2019” sells for $39.95 but club members receive it free as well.
The $39.95 new “Live Anywhere – Earn Everywhere Report” is also free.
There is an incredible new economy that’s opening for those who know what to do. There are great new opportunities and many of them offer enormous income potential but also work well in disaster scenarios.
There are are specific places where you can reduce your living expenses and easily increase your income. Scientific research has shown that being in such places actually make you smarter and healthier. Top this off with the fact that they provide tax benefits as well and you have to ask, “Where are these places?”.
Learn about these specific places. More important learn what makes them special. Discover seven freedom producing steps that you can use to find other similar places of opportunity.
The report includes a tax and career plan broken into four age groups, before you finish school, from age 25 to 50 – age 50-to 65 and what to do when you reach the age where tradition wants you to re-tire. (Another clue-you do not need to retire and probably should not!)
The report is very specific because it describes what Merri and I, our children and even my sister and thousands of our readers have done and are doing, right now.
Live Anywhere – Earn Everywhere focuses on a system that takes advantage of living in Smalltown USA, but earning locally and globally.
This report is available online for $39.99 but International Club members receive it free.
Save when you become a club member.
Join the International Club and receive:
#1: The $299 Personal investing Course (Pi). Free.
#2: The $299 “Live Well and Free Anywhere Program”. Free.
#3: The $29.95 report “Three Currency Patterns For 50% Profits or More”. Free.
#4: The $39.99 report “Platinum Dip 2019”. Free
#5: The three $19.99 reports “Shamanic Natural Health”. All three free.
#6: The $39.99 “Live Anywhere – Earn Everywhere” report. Free.
#7: A year’s follow up subscription to the Purposeful investing course… Plus more.
Join the International Club for $349 and receive all the above online now, plus all reports, course updates and Pi lessons 2019 at no additional fee.