DEBT DIAGNOSIS

$15 tril­lion debt, and Con­gress on Prozac

Bill Vin­cent, Fort Worth Per­sonal Finance Exam­iner
Novem­ber 16, 2011

One of the incred­i­ble ben­e­fits of being in Con­gress MUST be a vir­tu­ally unlim­ited Prozac sup­ply. There can’t be any other expla­na­tion to the inac­tion on pub­lic debt.
Per­haps Con­gress views the pub­lic debt like many peo­ple view birth­days. A birth­day is a mile­stone, cer­tainly. But just another day. And so, it seems, is the atti­tude of the United States Con­gress, to what should be the earth-shattering news that the United States’ Government’s accu­mu­lated debt, also known as the “Pub­lic Debt”, just sur­passed $15 tril­lion. Yes, a huge mile­stone. But, for Con­gress, just another num­ber.
As of this writ­ing, the pub­lic debt stands at $15,037,781,593,007.03. And count­ing! That’s $15 BILLION, one thou­sand times! The def­i­nite ben­e­fits of proper use of Prozac aside, per­haps mem­bers of Con­gress are on enough psy­chotropic med­ica­tions to dull the sense of the sheer eco­nomic impact that $15 tril­lion in debt has on all Amer­i­cans. Either that, or their con­tin­ued spend­ing binge is a lethal and astound­ing com­bi­na­tion of inep­ti­tude, mis­man­age­ment, and almost psy­chotic lack of empa­thy for what this spend­ing is doing to the next 3 – 4 gen­er­a­tions of United States’ citizens.

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Inter­est is always working.

It is either work­ing for you or against you. You are either earn­ing inter­est, pay­ing inter­est or los­ing the oppor­tu­nity to earn inter­est. There are no other scenarios.

Money has to move to earn.

Stag­nant money is money in jail. But for whom is it in jail?

Some exam­ples of stag­nant money are Qual­i­fied & Non-Qualified Plans and CD’s.

Some exam­ples of cash flow­ing and con­stantly mov­ing are Qual­i­fied & Non-Qualified Plans and CD’s.

What am I talk­ing about? I am talk­ing about the dif­fer­ence between who­ever has con­trol of the money makes ALL the difference.

If you are deposit­ing your money into a Qual­i­fied, Non-Qualified Plan or a CD, aren’t there restric­tions and penal­ties if you touch YOUR money at any point before the term is up? Who set the term? The one who is in con­trol of your money.

Why are you dis­cour­aged with restric­tions and penal­ties, from using and mov­ing your money? Is it to pro­tect you, so you don’t spend it all before your retire­ment, or before the set term? Of course not. It is so they (the ones in con­trol of your money) can keep your money mov­ing for themselves.

It is not the owner of the money but the one who has con­trol of mov­ing the money who is mak­ing all the profits.

We are taught to store our money for the future, and not use it for all that time, so it can grow. Ha Ha Ha. Why is that? The Pri­vate Reserve Strat­egy as dis­cussed in Nel­son Nash’s book Becom­ing Your Own Banker puts YOU in CONTROL of YOUR money, through­out your entire lifetime.

For Life Insur­ance Agents Who Love Infi­nite Banking.

If you are con­sid­er­ing which agency to join as a life agent that offers your clients the best pos­si­ble poli­cies and sce­nar­ios for their infi­nite bank­ing sys­tems? Look no further.

1/ Life Strate­gies Group will be hold­ing exclu­sive train­ings that focus on how to use a vari­ety of finan­cial cal­cu­la­tors that demon­strate the many and var­ied finan­cial strate­gies our clients can imple­ment with their bank­ing systems.

This will be focus­ing on using the cal­cu­la­tors with the IBC con­cept only. This is set for August, in Utah. Let me know if you are inter­ested in join­ing our team so you can participate.

2/ Also, we will be hold­ing (for the first time) a series of exclu­sive and unique on-line train­ings with Nel­son Nash, author of Becom­ing Your Own Banker,  as the edu­ca­tor. Stay tuned for fur­ther details.

If you are on the fence about whether to jump in to being an agent in gen­eral or an agent with us, Life Strate­gies Insur­ance Group, now is the time to decide so you can participate.

Con­tact me today so we can begin the process. Jen­nifer Hansen 845 – 649-7487 — Jennifer@DebtDiagnosis.com

Are You Look­ing For an Alter­na­tive to Wall Street

HOW DO YOUR ASSETS & INVESTMENTS MEASURE UP?

I am using a sys­tem that is pro­vid­ing the ulti­mate solu­tion for debt elim­i­na­tion, wealth build­ing, retire­ment plan­ning and legacy plan­ning like you have never seen before. This sys­tem of using spe­cially designed whole life insur­ance as a pri­va­tized bank­ing vehi­cle will trans­form your life, it has mine.

Com­pare your cur­rent port­fo­lio of invest­ments and other wealth build­ing strate­gies with this unique sys­tem and hope­fully you will rec­og­nize how spe­cial and effec­tive it truly is.

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Please click on the pic­ture below for the Cor­ner Bank loan details.

We will be com­par­ing the num­bers between tak­ing a cor­ner bank loan with tak­ing the exact same loan from Mr. Client’s own pri­vate bank­ing system.

The details of the loan are

a $14,500 loan over 48 months @ 3.5%.

The monthly pay­ment will be $324.16 and we will be adding $10.08c annu­ally just so we can round the num­bers up to $3,900 of annual payments.

The point of this exer­cise is to show how the inter­est the insur­ance com­pany charges is irrel­e­vant and noth­ing to con­cern your­self about. More »

30 Ben­e­fits of Own­ing a Per­sonal Bank­ing System

1. Flex­i­ble – Get mul­ti­ple uses from each dol­lar! Typ­i­cally, we allo­cate dol­lars into indi­vid­ual buck­ets that meet spe­cific needs or wants. We have our sav­ings bucket, our retire­ment bucket, our invest­ment bucket and our insur­ance buck­ets. A dol­lar placed in any one of these buck­ets serves one spe­cific need. How­ever, a bank­ing sys­tem can per­form simul­ta­ne­ous jobs such as life insur­ance pro­tec­tion, per­sonal sav­ings, financ­ing, a ware­house for invest­ment dol­lars, retire­ment & estate plan­ning. Your options are infi­nite and inter­change­able. With this sys­tem you can truly stretch a dollar.

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Page 34 of Becom­ing Your Own Banker is ded­i­cated to The Arrival Syndrome.

The def­i­n­i­tion accord­ing to Nel­son Nash is — “When this thing infects us, we stop grow­ing, stop learn­ing. We ROT!. We turn off or tune out our abil­ity to receive inspi­ra­tion — because we already know all there is to know!”

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Choos­ing the Right Life Insur­ance Com­pany for IBC (Infi­nite Bank­ing Concept)

How does one choose the right LIC to prac­tice infi­nite Bank­ing with?

Thanks, GL

Hi Gary, This is a very impor­tant ques­tion as a client must under­stand the dif­fer­ences between insur­ance com­pa­nies before being able to make an informed deci­sion about whether what they are being told is a great com­pany with a great prod­uct, really is prop­erly set up for banking.

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