Wednesday 17 November 2010

Help Making Money

Just FYI and not a commercial endorsement but I've been struggling with this idea that the U.S. gov't will somehow get their hooks into my IRA account. Apparently they've floated the idea, no link though.


I went with what's called a "checkbook" IRA that is essentially a LLC that is personally owed and acts as the IRA holder. An IRA servicer is the official administrator (perhaps wrong technical term).


How it works after it is all set up is your IRA funds go to the servicer who in return wires them into your LLC account which you have set up with a local credit union or bank. You have to invest those funds in accordance with IRS guidelines, but you can take physical delivery of PM's for instance.


I used IRA financial services out of florida who in turn uses IRA Services out of California. The transaction went off without a hitch. I ordered from Apmex and wired the funds from the LLC account, had them sent to me (in the name of the LLC) and then transferred them to another physical location where they are out of the reach of the US gov't and other unsavory characters.


Might be something to consider for those of you looking to get your IRA out of the sights of the gov't without taking an immediate tax hit or early withdrawal hit. Possession being 9/10th's of the law and all.



Doug Mataconis points out that for all the talk about how money
buys elections, of the 10 candidates for Congress who spent the
most money on their own campaigns this year, only two were
victorious in last week's midterms.


What money does do is help a challenger get his message
out to overcome the massive advantages that come with incumbency.
If voters don't like the message, money doesn't appear to help a
candidate much.


The real threat to democracy is incumbency and the permanent
political class. In the month before the election, public approval
for Congress was somewhere
between 15 and 25 percent. Yet even in an election year rife
with "throw the bums out" sentiment,
87 percent of House incumbents who ran for reelection won last
week. If Lisa Murkowski wins in Alaska, the figure for the Senate

will be 84 percent. Those figures are slightly lower than the
historical average.


It's true that approval ratings for the whole of Congress are
different from voter affection for a particular congressman or
senator. But that's partly the point. With gerrymandering;
entitlement programs that create a need for constituent service;
campaign regulations that make it increasingly difficult to file
and challenge an incumbent, the general celebrity of federal
office; and various other
advantages, Congress is a much-loathed institution that has
nonetheless rigged the game to ensure its members maximum job
security and minimal accountability. Money isn't even partly
responsible for many of these advantages, save for gerrymandering
(which both parties spend money to influence). But money
is necessary to overcome them. (Of course, most incumbents
also have built-in fundraising advantages, which are also
exacerbated by caps on contributions.)


A deep campaign chest is usually a prerequisite to
knocking off an incumbent, but it isn't remotely a guarantee.
Making it more difficult for challengers to raise money only makes
it more difficult for them to overcome the non-monied advantages of
incumbency. The more resrictions we put on fundraising, the more
difficult it is for voters to hold politcians accountable. Which
explains why we keep reelecting the same politicians, in spite of
the fact that we pretty consistently tell pollsters how much we
hate them.


benchcraft company scam

Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


bench craft company scam

Just FYI and not a commercial endorsement but I've been struggling with this idea that the U.S. gov't will somehow get their hooks into my IRA account. Apparently they've floated the idea, no link though.


I went with what's called a "checkbook" IRA that is essentially a LLC that is personally owed and acts as the IRA holder. An IRA servicer is the official administrator (perhaps wrong technical term).


How it works after it is all set up is your IRA funds go to the servicer who in return wires them into your LLC account which you have set up with a local credit union or bank. You have to invest those funds in accordance with IRS guidelines, but you can take physical delivery of PM's for instance.


I used IRA financial services out of florida who in turn uses IRA Services out of California. The transaction went off without a hitch. I ordered from Apmex and wired the funds from the LLC account, had them sent to me (in the name of the LLC) and then transferred them to another physical location where they are out of the reach of the US gov't and other unsavory characters.


Might be something to consider for those of you looking to get your IRA out of the sights of the gov't without taking an immediate tax hit or early withdrawal hit. Possession being 9/10th's of the law and all.



Doug Mataconis points out that for all the talk about how money
buys elections, of the 10 candidates for Congress who spent the
most money on their own campaigns this year, only two were
victorious in last week's midterms.


What money does do is help a challenger get his message
out to overcome the massive advantages that come with incumbency.
If voters don't like the message, money doesn't appear to help a
candidate much.


The real threat to democracy is incumbency and the permanent
political class. In the month before the election, public approval
for Congress was somewhere
between 15 and 25 percent. Yet even in an election year rife
with "throw the bums out" sentiment,
87 percent of House incumbents who ran for reelection won last
week. If Lisa Murkowski wins in Alaska, the figure for the Senate

will be 84 percent. Those figures are slightly lower than the
historical average.


It's true that approval ratings for the whole of Congress are
different from voter affection for a particular congressman or
senator. But that's partly the point. With gerrymandering;
entitlement programs that create a need for constituent service;
campaign regulations that make it increasingly difficult to file
and challenge an incumbent, the general celebrity of federal
office; and various other
advantages, Congress is a much-loathed institution that has
nonetheless rigged the game to ensure its members maximum job
security and minimal accountability. Money isn't even partly
responsible for many of these advantages, save for gerrymandering
(which both parties spend money to influence). But money
is necessary to overcome them. (Of course, most incumbents
also have built-in fundraising advantages, which are also
exacerbated by caps on contributions.)


A deep campaign chest is usually a prerequisite to
knocking off an incumbent, but it isn't remotely a guarantee.
Making it more difficult for challengers to raise money only makes
it more difficult for them to overcome the non-monied advantages of
incumbency. The more resrictions we put on fundraising, the more
difficult it is for voters to hold politcians accountable. Which
explains why we keep reelecting the same politicians, in spite of
the fact that we pretty consistently tell pollsters how much we
hate them.


benchcraft company scam

Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


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Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


bench craft company scam

Just FYI and not a commercial endorsement but I've been struggling with this idea that the U.S. gov't will somehow get their hooks into my IRA account. Apparently they've floated the idea, no link though.


I went with what's called a "checkbook" IRA that is essentially a LLC that is personally owed and acts as the IRA holder. An IRA servicer is the official administrator (perhaps wrong technical term).


How it works after it is all set up is your IRA funds go to the servicer who in return wires them into your LLC account which you have set up with a local credit union or bank. You have to invest those funds in accordance with IRS guidelines, but you can take physical delivery of PM's for instance.


I used IRA financial services out of florida who in turn uses IRA Services out of California. The transaction went off without a hitch. I ordered from Apmex and wired the funds from the LLC account, had them sent to me (in the name of the LLC) and then transferred them to another physical location where they are out of the reach of the US gov't and other unsavory characters.


Might be something to consider for those of you looking to get your IRA out of the sights of the gov't without taking an immediate tax hit or early withdrawal hit. Possession being 9/10th's of the law and all.



Doug Mataconis points out that for all the talk about how money
buys elections, of the 10 candidates for Congress who spent the
most money on their own campaigns this year, only two were
victorious in last week's midterms.


What money does do is help a challenger get his message
out to overcome the massive advantages that come with incumbency.
If voters don't like the message, money doesn't appear to help a
candidate much.


The real threat to democracy is incumbency and the permanent
political class. In the month before the election, public approval
for Congress was somewhere
between 15 and 25 percent. Yet even in an election year rife
with "throw the bums out" sentiment,
87 percent of House incumbents who ran for reelection won last
week. If Lisa Murkowski wins in Alaska, the figure for the Senate

will be 84 percent. Those figures are slightly lower than the
historical average.


It's true that approval ratings for the whole of Congress are
different from voter affection for a particular congressman or
senator. But that's partly the point. With gerrymandering;
entitlement programs that create a need for constituent service;
campaign regulations that make it increasingly difficult to file
and challenge an incumbent, the general celebrity of federal
office; and various other
advantages, Congress is a much-loathed institution that has
nonetheless rigged the game to ensure its members maximum job
security and minimal accountability. Money isn't even partly
responsible for many of these advantages, save for gerrymandering
(which both parties spend money to influence). But money
is necessary to overcome them. (Of course, most incumbents
also have built-in fundraising advantages, which are also
exacerbated by caps on contributions.)


A deep campaign chest is usually a prerequisite to
knocking off an incumbent, but it isn't remotely a guarantee.
Making it more difficult for challengers to raise money only makes
it more difficult for them to overcome the non-monied advantages of
incumbency. The more resrictions we put on fundraising, the more
difficult it is for voters to hold politcians accountable. Which
explains why we keep reelecting the same politicians, in spite of
the fact that we pretty consistently tell pollsters how much we
hate them.


bench craft company scam

GENUINE INCOME TO MILLIONS by 247incash


bench craft company scam

Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


bench craft company scam

GENUINE INCOME TO MILLIONS by 247incash


bench craft company scam

Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


bench craft company scam

Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


benchcraft company scam

Great Dolly <b>News</b>! | PerezHilton.com

Yes! We´re totes excited for this! Dolly Parton made the official announcement on her website today that she is planning not only a brand new album full of brand new music, but a worldwide...

autosport.com - F1 <b>News</b>: F1 closing on HD coverage for 2011

Formula 1 is close to giving the final green light for High Definition television coverage of the sport to begin from the first race of the 2011 season, AUTOSPORT has learned.

Pharmaceutical <b>News</b> Roundup: Human Genome&#39;s Lupus Drug, Merck&#39;s <b>...</b>

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; ...


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