States With Highest (and Lowest) Taxes

Where you live will cost or save you money. Do you know where you have to pay the most state and local taxes?

Someone forward you this email? No Sweat! Sign up here to get your own If you're having trouble viewing this email, click here Follow Us States With Highest (and Lowest) Taxes Where you live will cost or save you money. Do you know where you have to pay the most state and local taxes? READ NOW Trending Now 7 States Without Income Tax 7 Myths About State Income Taxes Advertisement

China stocking up on Gold as Prices Drop

                   

China Seen by Klapwijk Boosting Gold Reserves as Prices Drop

From Global Research - China and Russia acquiring more gold, dumping dollars

From Gold Seek - Central Bank Gold Reserves growing

China may have increased its gold bullion reserves by as much as 300 metric tons during the first half of the year according to Klapwijk of Precious Metals Insights, to diversify its currency reserves, the biggest in the world.  In 2009, China announced its gold bullion reserves to be over l,000 metric tons.

Such purchases may have limited the gold price drops which was at $1,319 per ounce, and gold entered the bear market since April in  and fell 23% in second quarter, the steepest since 1920.

Gold is but mere 1.3 % of the total currency reserves of China which stands at  $3.66 trillion;  US has 73% and has the biggest gold reserves at  8,1335 tons.  Germany has 3390 tons

               





             

US prepares for possible shutdown tomorrow October 1, 2013

Ad Majorem.....Wealth Builders

Repost from BBC news September 27, 2013

The US braces for a possible shutdown tomorrow, October 1, should the US Congress fail to agree;  the House of Representatives (Congress) is controlled by Republicans while the Senate is by Democrats.  Should the stalemate continue, a third of Fed employees will be sent on furlough with no backpay, the Treasury bills interest will not be paid with big repurcussions on US debt, its rating and bondholders.  The US Congress is not approving a budget without defunding the Obamacare law.

The authority to borrow more money expires on October 17, 2013.  This is not the first time that US govt shuts down.  In 2011, the US govt nearly went into shutdown because of wrangling on US debt limit.

A law however was passed enabling the payment of the salaries of the military

From CNN - 10 ways the government shutdown would affect your life

From USA Today 66 FAQ on govt shutdown

Dollar drops broadly because of possible Fed shutdwon

A bad case of politics rearing its ugly head to the detriment of the economy?

US Medicare SSS going broke soon?

Ad Majorem.....Wealth Builders

Repost from Newsmax | by Neil Weisman | May 31, 2013

The US SSS and Medicare Trust Funds will soon run out of funds:    SSS by 2033 and  Medicare by 2026 according to the report to the Board of Trustees.    The problem with this shortage is that Democrats and Republics cant agree on how to fix the problem.  The govt spending on these two accounts for 38% of the total federal spending.

Democrats do not want to cut the benefits and the Republicans wont raise the taxes.

Much of the burden of these two programs have been the babyboomers and many of them have reached the retirement age.  >>>Read more

Krugman: 'Depression Conditions' Continue in the US

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From: Moneynews.com <newsmax@reply.newsmax.com>
Date: Wed, Jan 30, 2013 at 5:23 AM
Subject: Krugman: 'Depression Conditions' Continue in the US

Krugman: 'Depression Conditions' Continue in the US ALERT: 6 Unlikely Heroes Defy Obama's Recession, Start 'Own Recovery' Fed Moves to Protect Its Political Flank WSJ: Ticking Time Bomb for Bond Investors More Links: Report: 25% of US Households Have ZERO Net Worth Pentagon Adviser Warns of Imminent 'Financial Pearl Harbor' — See the Evidence, Be Prepared The Single Stock Ben Bernanke Bet His Fortune On This email is never sent unsolicited. You have received this email because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via email. TO SUBSCRIBE If this email has been forwarded to you and you would like to sign up, please click here. Remove your email address from our list or modify your profile. We respect your right to privacy. View our policy. This email was sent by: Moneynews.com and Newsmax.com 1501 Northpoint Parkway, Suite 104 West Palm Beach, FL 33407 USA 1499812 123A2-1

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Jorge U. Saguinsin
To "be the best, do your best, expect the best" always

Rubio Speaks to Rush on Immigration; Ruddy: McCain, Rubio Right on Immigration

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From: Newsmax.com <newsmax@reply.newsmax.com>
Date: Wed, Jan 30, 2013 at 6:38 AM
Subject: Rubio Speaks to Rush on Immigration; Ruddy: McCain, Rubio Right on Immigration

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US is Gone - Congr. Ron Paul; Is this True?