For those of you that follow the stock market, you certainly are aware that Facebook went public yesterday at $38 per share giving the company a valuation of approximately $100B or about 100x earnings. Imagine if you were to buy a local small business – like a car repair shop. This shop earns about $100k […]
Senate Amendment Allows IRS to Revoke Passports
By on March 30, 2012 1 Comment
by Brian Mahany, Esq. Each day we lose more and more of our fundamental rights. Many of these rights were given up in the name of “national security.” It’s a very slippery slope. Scholars have debated the erosion of civil rights caused by the passage of the Patriot Act. A recent unanimous amendment to a […]
How to Boil a Frog, by Politicus Bumpkiss
By on March 22, 2012 2 Comments
How to boil a frog, by Politicus Bumpkiss: Allow many tax breaks to expire quietly like; Alternative minimum tax (AMT) — A series of temporary legislative “patches” over the last several years has prevented a dramatic increase in the number of individuals subject to the AMT–essentially a parallel federal income tax system with its own […]
The United Corporate Statism of America
By on February 16, 2012 1 Comment
In today’s asset protection newsletter: Discussion about 2013 federal budget proposal and its implication for your wealth Reminder about today’s webinar discussing real estate asset protection strategies Travel plans for those interested in meeting face-to-face Early notification about our offshore conference “Global Escape Hatch – Panama 2012” New product for Real Estate investors seeking asset […]
Wake Up and Smell the Gunpowder
By on January 5, 2012 Leave a Comment
On the evening of December 31st, 2011 the Obamessiah signed the 2012 NDAA (National Defense Authorization Act). For those of you following the political news, you will remember that the president vowed to veto this bill because of sub-sections 1021 and 1022. These 2 sub-sections deal with the detention of terrorism suspects. The NDAA grants […]
What is Asset Protection?
By on December 15, 2011 2 Comments
This week I felt it would be important to address the topic, “What is Asset Protection?” While you clearly have some idea what is involved in asset protection planning, I frequently get this question or some derivation thereof. The quick and simple answer is that asset protection is a means of protecting your assets from […]
I’m Mad as Hell…
By on October 20, 2011 1 Comment
…and I’m not going to take it anymore. This is the sentiment expressed around the US through the recent ‘Occupy Wall Street (OWS)’ movement that seems to be flaring tempers on both sides of the argument. Living in Eastern Europe, I am somewhat sheltered from this, but with Facebook and all of the news outlets […]
Are You Passionate About Your Life’s Work?
By on October 6, 2011 Leave a Comment
Asset Protection – Passionate About Entrepreneurship In last week’s asset protection newsletter titled, “I’m Buying Call Options on Entrepreneurship”, I discussed my bullishness on the innovation and creativity of the entrepreneur despite the stupidity of governments in the US and around the world. The second paragraph of this article states; The world truly revolves around […]
I Felt Like Tiger Woods’ PA This Week
By on September 22, 2011 Leave a Comment
I want to start today’s discussion with a few comments I received from last week’s newsletter, “Putting a Band-aid on a Bullet Hole”. For those of you that have been reading my articles for any length of time, you should be aware by now that I am an ‘equal opportunity political hater’. I am happy […]
Putting a Band-aid on a Bullet Hole
By on September 15, 2011 1 Comment
If you can fog a mirror you are certainly aware of the Obamessiah’s grand plan to save jobs in America. If you are so inclined you can read the full 199 page proposal here. For those of you not inclined to read the musings of Barry O and his legal minions, let me summarize his […]
