Out Of Money By December 12th – Social Security Partial Inflation Indexing (Part 2)

By Daniel Amerman – Re-Blogged From http://www.Silver-Phoenix500.com

Most advice on long-term planning for retirement and Social Security benefits is based on the assumption that Social Security will fully keep up with inflation. As we are establishing in this series of analyses, the full inflation indexing of Social Security is a myth and there are major implications for standard of living in retirement as well as the associated decisions with regard to both Social Security and investment planning.

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Three Myths About Fixing Social Security

By Brenton Smith – Re-Blogged From Newsmax

Social Security is the largest, and arguably most important, program in the federal government. It is a life-line for millions. For the rest of us the program is a set of never-ending, polarizing arguments.

The contentiousness is caused in large part by the number and conflicting nature of the urban legends surrounding the system. Everyone has a fact that is someone else’s myth.

These convictions about the program shape who voters elect, and seriously limit what candidates are willing to say to the electorate. These beliefs have so penetrated the public conscience that actual policy makers are left herding unicorns.

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Higher Interest Rates May Force Higher Inflation Rates

By Daniel Amerman – Re-Blogged From http://www.Gold-Eagle.com

1) Financial analysis of the three way relationship between interest rates, inflation and the U.S. national debt.

2) Higher interest rates causing higher interest payments on the $20 trillion national debt would ordinarily cause soaring deficits over time.

3) Detailed analysis of the “loophole”, which is that if inflation even moderately increases – then interest rates can rise without exploding the real debt.

4) This simultaneous increase in interest rates and inflation would have a major impact on all markets, as well as long term retirement planning.

5) The logical response to rising interest rates may be to sharpen one’s focus on how to better deal with higher rates of inflation over the long term.

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Larry Kudlow: Democrat Plan for Government-Run Healthcare a ‘Disaster’

By Rob Williams – Re-Blogged From Newsmax

Larry Kudlow, the economist and former adviser to President Ronald Reagan, said the economic agenda spearheaded by Senate minority leader Chuck Schumer, D-N.Y., will be a “disaster,” if Medicaid is any guide.

“A government plan is not going to work. Medicaid, which is a disaster and has spiraled out of control and has expanded and expanded and expanded with no eligibility requirements anymore – that’s the perfect example,” Kudlow said on CNBC. “If you want a Democratic program that is going to be government-run, single payer – take a look at Medicaid, which has been a disaster.”

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Senate Pushing Obamacare Bailout

By Bill Hoffmann – Re-Blogged From Newsmax

Sen. Rand Paul, R-Ky., told Newsmax TV on Thursday he remains dead set against the newly tweaked Senate healthcare bill and warned Republicans they will be clobbered with blame when their watered down version of the failing Affordable Care Act similarly begins to collapse.

“I don’t think some miracle happens with this Republican plan,” Paul, a Kentucky Republican, said on “Newsmax Now” with Bill Tucker. “The main thing that happens is now the . . . dysfunctional part of the marketplace is going to be blamed on Republicans.

Important: Newsmax TV is available on DirecTV Ch. 349, U-verse 1220, and FiOS 615. If your cable operator does not have Newsmax TV just call and ask them to put us on — Call toll-free 1-844-500-6397 and we will connect you right away to your cable operator! Continue reading

How to Run a Medicare Surplus Without Raising Taxes or Cutting Benefits

By Chuck Bolotin – Re-Blogged From Newsmax

The numbers are hard to ignore.

According to the 2016 report from the Boards of Trustees, Medicare Part A will run out of money in less than 11 years. As a country, the United States is experiencing “deer caught in the headlights syndrome”; We’ve been alerted to a grave impending danger, but we’re frozen into inaction.

Whether we choose to accept it or not, something has to give. The truck is barreling down the road, and if we don’t do something soon, we’ll all be roadkill. Why don’t our leaders act? Because they can’t come up with a solution that doesn’t either cut Medicare benefits or raise taxes, or both, and what politician wants to run on a platform of cutting benefits and / or raising taxes?

I am proposing a third solution, one that will not only eliminate the Medicare funding deficit without raising taxes, but will do so without cutting benefits: Provide Medicare recipients with a voucher for 75% of what Medicare would pay for their procedure in the U.S. and then let them receive their healthcare services anywhere in the world they choose.

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Economy Contracting But Expect Higher Stock Prices

By Chris Vermeulen – Re-Blogged From http://www.Gold-Eagle.com

The United States is the world’s largest and most diversified economy! It is currently suffering through a protracted period of slow growth which has held down job creation and labor market participation.  The Pew Research Center reported, in late 2015, that a mere 19% of Americans trust the government either always or most of the time.

The FED must print more money in order to keep the party going forward.

The bottom line is that this current bull market has been driven mostly by corporations which are buying back their shares, over the years. Individual investors have increasingly been moving out of equity mutual funds and into equity ETF’s.

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