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Lost and Losing It
by Ken Mahal, NSC President
Originally published on November 08, 2007 - reprinted with permission
MEANS TESTING STRIKES IN THE DARK OF NIGHT.
Was I ever surprised when I went on the internet to look at my bank
statement and discovered that Social Security had made a mistake on
my deposit, or so I thought. By that I mean the deposit was quite a
bit less than the regular amount. Well what to do? The natural thing
that occurred to me was call S.S. not realizing what a hassle that
was going to be. In fact I was able to get through to S.S. with a
10 minute wait. It took the lady on the line some time to figure out
why I was receiving that amount of money when it in effect was not
my S.S. deposit but a return of an overcharge for this year because
they were charging too much for Medicare. Why the return of the money
was credited to my S.S. is hard to understand until you realize your
being means tested for Medicare. Yes that is what it was about without
me ever knowing I and or we were being means tested for making too much
money. Now I think back on how they made that decision and the only thing
I can think of is that they are no doubt including my S.S. income plus
our tax free money earned on municipal bonds because most of what we
earn is mostly from that source and even capital gains so again double
taxation. What is so disturbing is that our government does this without
telling us we are being charged more than usual. We are also not advised
how they arrived at the charge either. I know that you and I could not do
our income tax returns in such a fashion that would get by IRS. If you
remember this means testing was put through congress a couple years back
with none of us ever knowing about it so that we could raise a rumpus over
it like we did once before. Those of you who have been members of our
organization since its inception should remember that was the reason we
were formed. Back about 1995 congress means tested Medicare and it was
going to cost the average retiree about $800 dollars extra a year if your
income was in a certain range. We had enough notice at that time to raise
a lot of interest both in Nevada plus in Washington. As a result of our
effort, the Roosevelt a senior group in D.C. took up the banner and was
able to take several million signatures to Washington which was enough
to convince congress to kill the law the following session and never to
be heard of again until just recently. Can it be killed again; I just
wonder if it is possible this time?
WE HAVEN’T CHANGED THE PRICE OF GOLD SINCE 1872.
Gold was priced over $800 dollars an ounce on Friday November 2nd and
Uncle Sam is still selling mining land for $5 bucks an acre and gets no
royalty for the gold mined. Now this is out right robbery of our land
and our gold. Why aren’t we doing something about the gold law of 1872?
There isn’t one mining company who would discontinue giving campaign
money to our Senators if they brought the 1872 law up to date as it
should be. You and I know this to be a fact. At least 20 years ago
Wyoming passed an open pit coal mining law that requires the companies
to strip the top soil off the site and save it for resurfacing the mined
out land plus replanting it to stop erosion. They also pay a very nice
royalty to the state for every ton of coal shipped out of Wyoming. If
Wyoming did it for coal and gold is worth a lot more, then why not do
it for gold in Nevada Senators?
SENATORS DO NOT SIGN THE LAW OF THE SEA TREATY (LOST)
This week the Senate Foreign Relations Committee voted to surrender the
United States Sovereignty to the third world and the not so very creditable
United Nations. That has to do with the fast tracking of the Law of the Sea
Treaty (LOST). If this were to succeed it would force us to surrender our
sovereignty to an International Seabed Authority a wholly owned subsidiary
of the United Nations and a bunch of small inland third world countries
who don’t like America. We would lose our surface and ocean bottom rights and
in fact require us to get permission to let us move our navy any place in and
on the ocean surfaces without permit. This of course cannot be allowed to
happen. And any future mining of the ocean bottom would be a shakedown requiring
an application fee of $500,000 with a $1,000,000 annual fee plus up to a 7%
fee on the profits. Companies would also be required to share their mining
and navigational technology. This would be taxing United States citizens and
corporations for using their own long recognized property rights on the sea,
in the sea and on the bottom of the sea. If this were passed what it would do
in theory is give land locked third world countries a market for their resources
if they had any and in effect they could control our every movement on and in
the high seas. The Seabed Authority would be organized like the General Assembly:
One nation one vote. That means our enemies would have as much power over the
oceans and seas as the United States of America. This cannot be allowed to happen.
It only takes 34 Senators to scuttle LOST. This information came to us from
http://www.newsmax.com on 11/03/07.
It is important for us to contact our Senators and if any of you have friends
or family in other states who can reach their Senators we can sure use their
help also.
SOME TIME PEOPLE WITH GOOD EQUITY IN THEIR HOMES JUST GIVE
UP AND LOSE IT RATHER THAN PRICE IT RIGHT AND SELL IT
I have known people who had decent equity in their homes and were in trouble and
rather than doing something they just gave up and lost everything. There are good
people in the real-estate business as well as good appraisers who can do their job
and help a person out of a hole by showing them what the selling price should be
and how much equity is in the home. No matter what things are like in the housing
market there are always people who need a house and are able to finance it. I know
of cases where the people wouldn’t even answer the door when some one had heard the
house was for sale and in some cases people had as much as $40,000 of equity and
lost it. Our economy is not in the pits it is just hung up at a red light for the
time being and with patience a decent home will sell. When people are emotionally
burnt out it is not easy to think clear. Let’s hope that none of your friends are
in such of a spot.
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