When blue states and cities continue to run massive pension deficits—and do nothing to ease the pressure of meeting over aggressive return expectations—you can see the destruction of reverse compounding. And no one wants to do anything about it. Your Retirement Life: Let the Slow and Steady Be Your Way of LIFE When the average loss is 8%, it’s bad. And that’s not including private equity numbers, which lag by a quarter and aren’t included in this latest fiscal year. There is no way out of this without either a) higher taxes or b) fewer services. Biden Wants to Make the IRS Great … [Read more...]
Joe Manchin Has Broken Multiple Pledges to the American People
You know that no matter how you phrase it—lying or "breaking a pledge,"—when you tell someone you're going to do one thing, and then you do the opposite, that's wrong. With his push for higher taxes and more spending alongside Chuck Schumer, Joe Manchin has violated more than one pledge to his constituents. John Kartch of Americans for Tax Reform reports: With his vote for the Senate tax-and-spend reconciliation bill, Sen. Joe Manchin has officially broken his word to West Virginia. When Manchin asked the voters of West Virginia to send him to Washington, he made two tax promises to the … [Read more...]
HUGE CONGRATULATIONS: Joe Kent BEATS Trump-Impeaching Jaime Herrera Beutler in Oregon Congressional Primary
Back in April 2021, you first met Joe Kent here on YourSurvivalGuy.com, when I told you he was running against the anti-Trump Representative Jaime Herrera Beutler. You learned more about Kent in August when I touted his appearances on Tucker Carlson's "Tucker Carlson Today." Now, Your Survival Guy wants to offer Kent and his team a huge congratulations for his defeat of Jaime Herrara Beutler in the primary. Kent will go on to face the district's Democratic candidate, Marie Gluesenkamp-Perez, in the general election. OPB reports on Herrera Beutler's concession, writing: Incumbent U.S. Rep. … [Read more...]
Your Retirement Life: Let the Slow and Steady Be Your Way of LIFE
OK, let’s get right into this. I’m not a huge fan of goals when it comes to money. I don’t like the pressure a goal can have on investors trying to reach a certain “number.” “Well, if we can make it to $2 million, we’ll be all set. That’s our goal,” says a 55-year-old with less than a million in savings. That type of goal, in his most important earnings years—the last ten before retirement—is a loaded gun. The pressure to push, push, push and reach, reach, reach for the “goal” borders on reckless. It’s why Your Survival Guy eschews financial engines where you plug in your financial … [Read more...]
Police Widow Blames Soros-Funded DA for Husband’s Death
The widow of Sgt. James O'Connor, who was killed in the line of duty on March 13, 2020, while serving an arrest warrant, is blaming woke Pennsylvania DA Larry Krasner. Yael Halon reports for Fox News: O’Connor’s widow, Terri, told Fox News on Thursday that she believes her husband would still be alive if not for the far-left bail policies of embattled D.A. Krasner, who allowed these gunmen to return to the streets following multiple arrests. “They had lengthy criminal records for guns, shootings, murders. I could go on and on about it,” she said on “America Reports.” “They were out of jail … [Read more...]
EXODUS: NYPD Officers Flee the Force
After years of abuse at the hands of the city's elected officials, no one is surprised that NYPD officers are quitting the force. Politicians in the Big Apple have shown officers that they care more about criminals than about enabling police to do their jobs. Now, 2,465 police officers have filed to quit the force before they even earn a pension. That's a 42% increase compared to the same time in 2021. The NY Post reports: Ever-growing exodus figures show 2,465 police officers have filed to leave the department this year — 42% more than the 1,731 who exited at the same time last year, … [Read more...]
Ron DeSantis Backs Donald Trump After FBI Raid
Florida Governor Ron DeSantis took to Twitter to support Donald Trump after the raid on Trump's Florida residence, Mar-a-Lago. DeSantis tweeted: The raid of MAL is another escalation in the weaponization of federal agencies against the Regime’s political opponents, while people like Hunter Biden get treated with kid gloves. Now the Regime is getting another 87k IRS agents to wield against its adversaries? Banana Republic. — Ron DeSantis (@RonDeSantisFL) August 9, 2022 The two recently earned nearly all the support of conservatives polled at the CPAC conference. Together Trump and … [Read more...]
If the Phone Doesn’t Ring…It’s Me
Years ago, Your Survival Guy was at a cocktail party in Newport. (Yes, it happens. I don’t live in a cave.) This was at a time when markets were in freefall. A fellow guest asked me about the markets and how busy I must be talking with clients. My response, like it always is, was “My phone doesn’t ring,” Time and again, investors are surprised when markets fall. My phone doesn’t ring because I’m already in touch with my clients on a regular basis. And because you know me from Your Survival Guy, you know that I work to help you keep what you make. I don’t need to sell you on how to become … [Read more...]
Biden Wants to Make the IRS Great Again
Joe Biden wants to hire an army of new IRS agents to probe the dealings of American citizens in order to ensure their compliance with his new taxes. Joseph Simonson reports in The Washington Free Beacon: Under the Inflation Reduction Act negotiated by Sen. Joe Manchin (D., W.Va.), the agency would receive $80 billion in funding to hire as many as 87,000 additional employees. The increase would more than double the size of the IRS workforce, which currently has 78,661 full-time staffers, according to federal data. The additional IRS funding is integral to the Democrats' reconciliation … [Read more...]
CPAC STRAW POLL: Trump and DeSantis Leave All Others in the Dust
President Donald Trump and Governor Ron DeSantis combined to pick up 93% of the votes in the highly regarded CPAC Straw Poll this weekend. The polls is a great indicator of where the base of the Republican Party is headed with its choices. The NY Post reports: Former President Donald Trump handily won the Conservative Political Action Conference’s 2024 straw poll, indicating he remains the first choice of Republican activists for the party’s presidential nomination. The final numbers, released Saturday at the conference in Dallas, showed Trump out in front with 69% … [Read more...]
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