Showing posts with label keynesian economics. Show all posts
Showing posts with label keynesian economics. Show all posts

Wednesday, October 31, 2012

Your Future Resides in Your Hands - What You Can Do Now to Secure Your Family’s Future



What You Can Do Now to Secure Your Family’s Future

It’s down to the wire… Who will be the next President of the United States of America? Regardless of who wins, your future resides in your hands. In the coming months our world is going to change… the question is, will you be ready for what’s next?

In my business, I've been advised not to speak about politics or religion. I disagree with this, because our history is based on both politics and religion. And, if you don’t understand history then you are destined to repeat the mistakes of the past in the future.

Currently, our country is in the middle of an economic depression. Congress has refused to balance the budget and government spending is out of control. And… many Americans don’t seem to care about this or the issues that will affect them and their families in the future. 

In my opinion, these are a few key issues that will have a tremendous impact on our country going forward. We have, and will experience tremendous change because of these issues.

1.   Economics – Current economic policy suggests that we can spend our way out of our financial problems, better known as Keynesian Economics. On the other side of the coin is Austrian Economics which is based on a free market economy with less government involvement. Only one Presidential candidate advocated Austrian Economics, and he is no longer in the race. You can learn more about Austrian Economics from the Mises Institute. http://mises.org/   

2.    Entitlement – As American’s feel the pinch of failed policies and economic depression, they are becoming more and more reliant on the government for handouts. The number of American’s depending on Medicaid, food stamps and other government welfare has grown at alarming rates in the last few years. http://rt.com/usa/news/half-government-million-percent-320/ 

3.    Marriage – Even government statistics show that children growing up in broken homes, or single parent homes, are less likely to finish college and more likely to commit crimes. Divorce rates are rising as parents find it harder to find employment. And, single parents having children out of wedlock have risen at alarming rates. http://www.census.gov/hhes/families/ 

All of these issues revolve around responsibility. This word can be broken down into the words, Response and Ability. Our ability to respond to our situations with our God given ability will determine our success. Even if we fail, when we take responsibility for our actions, we succeed in learning and growing. When we blame others for our circumstances, we develop an entitlement mindset, therefore failing in our ability to improve.

Merriam Webster Definition of RESPONSIBILITY:  the quality or state of being responsible: as a : moral, legal, or mental accountability b : reliability, trustworthiness.

According to this definition, do you think that our government is being Responsible? Reliable? Accountable?  I’ll stay away from the Legal, Moral and Trustworthy terms and let you ask those questions.

The good news is, you don’t have to depend on the government or their handouts to be responsible. This can start at home by changing a few habits. You don’t need any more time or money to do these simple things, and you will be amazed at the results.

 5 Habits You Can Change Now 
  1. Read More (History and biographies, Not fiction or magazines)
  2. Watch Less TV (Reserve the television for family movies, special events and education)
  3. Eat Together (Schedule meals. Research shows that family meals produce positive kids)
  4. Pray Together (Our country was founded on faith and we need it now more than ever)
  5. Spend Less, Save More and Invest Wisely (Remain liquid and keep an emergency fund)

What else can you do at home? You can protect what is most important to you. Make ABSOLUTELY CERTAIN your affairs are in order. Here’s what I mean. Think about what is absolutely most important to you. If something catastrophic happened, what do you want to happen?

3 Things You Can Do To Protect Your Home and Future  
  1. Stockpile Food and Plant a garden
  2. Secure Your Home and Valuables 
  3. Get a Weapon for Protection
Hopefully this blog has caused you to think about your family and what’s important. Now that you have a better idea of what you can do, take action now!

Until next time,
Barry Page

Legacy Insurance Agency, PLLC
www.legacyinsuranceagency.com

Shield Financial Consulting
www.shieldfinancial.com
 
 
Barry Page is recognized as a leading expert on life insurance and private banking. He is a financial consultant and independent life insurance agent who helps clients with tax advantaged investment alternatives. He specializes in showing families how to protect their assets, income and lives utilizing a macro-financial approach to planning. 

His specialized knowledge and services help consumers find alternatives to traditional investing and the stock market that not only safely protects their savings, but also provide tax advantages. His business is based in Ocean Springs, Mississippi and he services clients throughout the United States.

Saturday, May 8, 2010

It's Your Money - Protect it or Perish!

Your lifetime of hard work, and your family are in jeopardy. The time is now to stand up for your rights as a citizen and protect your faith, family and finances - or perish. Educate yourself on the true history of our country and expand your knowledge of money so you can live a life free from tyranny.

Today our liberty is being threatened because of the power of government. The Internal Revenue Service (IRS) and The Federal Reserve (Fed), ironically created the same year (1913), are seizing land, assets and devaluing our dollar. Your money is being confiscated to fund illegal operations and the International Monetary Fund (IMF).

It saddens me to have to tell you these things - I apologize for being straightforward... But my mission is to spread the gospel... about God's love and about your money... to reveal the facts and the truth.

The United States became what we are because of faith, family and free enterprise. A hundred years ago we were free people, with less government regulation and taxes than the rest of the world. We owned land, produced our own goods, and we believed in Christ, family and our constitution.

God warned us in the Bible of the dangers of government and greed:

"While they promise them LIBERTY, they themselves are the servants of corruption: for of whom a man is overcome, of the same is he brought in bondage." 2PE 2:19

"My people are destroyed for LACK OF KNOWLEDGE: because thou hast rejected knowledge, I will also reject thee, that thou shalt be no priest to me: seeing thou hast forgotten the law of thy God, I will also forget thy children." HO 4:6

"For he seeth that wise men die, likewise the fool and the brutish person PERISH, and leave their wealth to others." PS 49:10

"The good man is PERISHed out of the earth: and there is none upright among men: they all lie in wait for blood; they hunt every man his brother with a net." MIC 7:2

Our founding fathers also warned us:


"I am sure there never was a people, who had more reason to acknowledge a divine interposition in their affairs, than those of the United States; and I should be pained to believe that they have forgotten that agency, which was so often manifested during our Revolution, or that they failed to consider the omnipotence of that God who is alone able to protect them." ~George Washington

"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." ~Thomas Jefferson

"God grant that not only the love of liberty but a thorough knowledge of the rights of man may pervade all the nations of the earth, so that a philosopher may set his foot anywhere on its surface and say: This is my country." ~Ben Franklin

As a United States Citizen you should be outraged at what is happening to your country. Right before our eyes, history is being rewritten and our freedoms are being stolen from us by amendments to our beloved constitution. Hardly a day goes by when Congress is not adding, deleting or changing this cherished model for our independence.

Currently, Congress is debating whether or not to pass legislation that would alter the powers of the Federal Reserve. Congressman Ron Paul (R-TX), has worked tirelessly in his "Audit the Fed" bill HR 1207 and S 604. The Fed and the Obama administration are fighting this bill to retain power and control of our money.

The bill was gathering momentum until Senator Bernie Sanders (I-VT) caved in and sold-out under pressure by the Federal Reserve and the Obama Administration, and a new bill is now being circulated. The new version of the bill will likely give the Fed even more power, exempting monetary policy decisions, discounting window operations, and agreements with foreign central banks from Government Accounting Office (GAO) audits.

"The current fiscal policy is unsustainable. We are heading to a future where we'll have to double federal taxes or cut federal spending by 60%." ~David Walker, Comptroller General of the United States GAO

David Walker served under both Democratic and Republican administrations. He isn’t trying to get elected he’s taking an honest approach to fiscal policies and economics…

David Walker on CNN http://www.youtube.com/watch?v=q2QE137fRvs

Our markets are in turmoil and volatility is at an all time high. Blame is being thrown around another bailout is on the horizon. This time it is Greece and the U.S. Taxpayers will fund a major portion of the Greek bailout. The Federal Reserve provides 20% of the money for the IMF, and they are the entity that will lend the money. The bailout will be used to pay back the banks that made unwise loans to Greece previously, so they will be saved while taxpayers absorb the losses. Read more here: http://www.businessinsider.com/henry-blodget-guess-whos-paying-for-that-greece-bailout-thats-right-you-2010-5

Most people's impression of the Fed is that they control the money supply and protect us from recessions and depressions through monetary policy, Hogwash!
The Fed is a cartel, originally created by wealthy bankers. G. Edward Griffin, author of the classic book, 'The Creature From Jekyll Island' outlines how and why the Fed was created in his free, downloadable recording found here: http://legacyinsuranceagency.com/creature.html

"The Federal Reserve is the chief culprit behind the economic crisis. Its unchecked power to create unlimited amounts of money out of thin air brought us the boom and bust cycle and caused one financial bubble after another. Since the Fed’s creation in 1913 the dollar has lost more than 96% of its value, and by recklessly inflating the money supply the Fed continues to distort interest rates and intentionally erode the value of the dollar." http://www.ronpaul.com/

"Economic affairs cannot be kept going by magistrates and policemen." ~Ludwig von Mises

A free market economy, as followers of Austrian Economics believe, is the answer to many of America's financial problems. On the other hand, mainstream economists and followers of the Keynesian model, believe that government should control monetary supply through regulation, deposit insurance and a flexible, fiat currency.

The Austrian Theory of economics is taught and practiced at the Mises Institute in Auburn, Alabama. Lew Rockwell, notable author and libertarian activist, founded the Mises Institute. He also publishes the blog, http://www.lewrockwell.com/ , where he warns of the threats of socialism, among other things.

"Workers and consumers are, of course, identical." ~Ludwig von Mises

Read more at The Quotable Mises: http://mises.org/quotes.aspx

What does all of this have to do with you, your family and your money? You are the engine that drives government. Government feeds off of the people. They exist because of our money, derived from taxes.

How can we protect ourselves? By standing up to big government and educating ourselves on economic policy. Contact your representatives and let them know how you feel. Vote and be heard.

Why should you be concerned? Your freedom depends on it, "Use it or lose it." Your children and grandchildren will be faced with debt beyond their control and will be forever enslaved to foreign governments and elite bankers.

On December 16th, 1773, people just like you and me, "radicals" from Boston, Massachusetts, formed the Sons of Liberty. They boarded three East India Company ships in Boston Harbor and threw 342 chests of tea into the water. This event was in protest of oppressive British taxation and tyrannical rule. It became known as the Boston Tea Party and paved the way towards our country's independence.

Today we are faced with similar circumstances. If we do nothing and do not learn from history, we are destined for failure. Money creates power, and unfortunately, this power in the wrong hands can destroy our nation.

Money and banking are essential in our society, however, when we depend on the government and financial institutions for money, we become slaves to their system. Our knowledge of how these systems work will protect us from their bondage and increase our ability to achieve financial success.

Saving money is what built this country. In recent times we have been led to believe that "investing" in uncertain markets and with banks is the key to prosperity, when in fact this is part of the problem.

You can protect your family and your wealth by creating a system of finance that is independent of traditional banking models. Using a financial tool that out dates the Fed and the IRS, you can virtually become your own banker. This tool is called dividend paying, whole-life insurance. You may have been told by my media entertainers, parading as financial gurus, that whole-life insurance is a bad investment, they are wrong.

Life insurance is the only financial instrument that can guarantee that what you want to happen, will happen. While stock markets have plunged, owners of this centuries old financial tool have prospered. And, when properly administered, it can be used to create your own privatized family banking system that can live on for generations. You can learn more about private banking here: http://bankforlife.wordpress.com/

NOW is the time to ACT while you have time.

Until next time, Protect Your Freedoms!
Barry Page, RFC

Barry Page is recognized as a leading expert on life insurance and private banking. He is a Registered Financial Consultant and independent insurance agent who helps clients with tax advantaged investment alternatives. He specializes in showing families how to protect their assets, income and lives utilizing a macro-financial approach to planning.

He has created a service that caters to families and business owners that frustrated with the risks involved with the stock market, but still want competitive returns. His specialized knowledge and services help consumers find alternatives to traditional investing and the stock market that not only safely protect their savings, but also provide tax advantages.

His business is based in Ocean Springs, MS and he services clients throughout the Southeast. He can be reached here: http://legacyinsuranceagency.com/contact.html

Saturday, February 6, 2010

Americans Reject Keynesian Economics

What is it that politician's don't understand? They seem to think that "we", the taxpayers that pay their salary, don't have a say in government. Well, it's become abundantly clear that American's are fed up with overspending.

In case you aren't familiar with Keynesian Economics, created by John Maynard Keynes, the premise is basically "spend more" and "grow government" to improve the economy. On the contrary, at the time of Keynes, there was also Andrew Jackson's philosophy of Laissez Faire Economics which complemented the Constitution and promoted smaller government.

Another popular economic theory is Austrian Economics, made popular by economist Ludwig von Mises, which focuses on free enterprise. Former U.S. Presidential Candidate, Ron Paul, also embraces Austrian Economics. Paul compares Keynesian Economics and Austrian Economics

More and more American's are waking up to the abuse of power by politicians, and they are speaking up. TEA Parties and the 9/12 Project have helped everyday people to get involved and the movements are gaining popularity.

This report displays the distrust that Americans are feeling towards BIG Government:
Americans Reject Keynesian Economics

Stand Up for Your Rights!
Barry Page, RFC

Barry Page is a Registered Financial Consultant that studies economics and its' impact on families and business. He is an advocate of free enterprise and teaches families how to control their finances and think independently. He publishes www.legacyinsuranceagency.com and this blog to promote financial intelligence.

Legacy Insurance Agency

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