Declare Your Financial Independence!

While we are in the spirit of our country’s independence, it’s time for Americans to take control of their finances and declare their financial independence!

Our Federal Government has proven to be a poor steward of our money. Obviously the politicians are not concerned about our country’s mushrooming debt, and given their poor track record financial responsibility, we must take responsibility for our own financial well being.

We have been told that Uncle Sam will take care of us at retirement with Social Security and Medicare, these systems are past broken. According to a recent blog on Heritage.Org’s website, currently the unfunded debt for these programs is upwards of $60 TRILLION! These programs are nothing more than Ponzi schemes cleverly disguised as social programs, ironically with NO SECURITY.

Just as Founding Fathers broke free from the establishment when creating our Declaration of Independence, we must break free from these chains of bondage. What we need is a system for finance based on self-reliance and independence! Start your own financial revolution by taking control of your finances.

When you look at our current system for saving and accumulating wealth, it is weighted heavily towards the financial institutions. Our educational system, our accounting system and the financial advisors, are all dependent on the government and these financial institutions. We are held captive by the cartel of mega-banks, as described by G. Edward Griffin in his now widely accepted book, The Creature from Jekyll Island A Second Look at The Federal Reserve.

As I write this, President Obama is asking Congress to raise the debt ceiling, increase government spending and increase taxes to supposedly stimulate the economy. This is exactly what got our country in the mess that it’s in. The only way to stimulate the economy is STOP SPENDING money they do not have. Only then can we lower taxes and decrease inflation.

In our personal lives we understand that spending money we do not have by utilizing credit lines and credit cards creates debt. We also understand that bad credit, bankruptcy and foreclosures are real, so in order to avoid these pitfalls, financial independence is crucial.

Yet, we fall victim to the promises of the politicians to win our votes and create more laws. They dangle “free” money, college loans, mortgages and low interest credit to us like carrots. Student loan debt has now surpassed credit card debts as personal debt increases and college graduates can not get a job.

FIRE, as it is respectfully called for, Finance, Insurance and Real Estate industry, has imploded. Middle-aged men have lost their careers and may never work again. The economies of those involved, according to the FIRE-economy website, Commercial banks, savings & loans, credit unions, finance/credit companies, securities & investment, venture capital, hedge funds, private equity & investment firms, insurance real estate, mortgage bankers, and brokers accountants

All of these involved have been propped up by government programs like Fannie Mae and Freddie Mac. Now the American Dream has become the American Nightmare! The Federal Government has poured $317 Billion into Fannie and Freddie according to http://www.cnsnews.com/news/article/true-cost-fannie-freddie-bailouts-317-bi  Billions more of taxpayer dollars have gone to bailout mega-banks and financial institutions including AIG, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley, General Motors, and the list goes on… http://money.cnn.com/news/specials/storysupplement/bankbailout

Now comes along Helicopter Ben and he’s dropping money from the sky to save the world. Quantitative Easing has cost Americans BILLIONS! Businessweek found it necessary to poke fun at Fed Chairman Bernanke.

Ben Bernanke helicopter

Helicopter Ben as dubbed in Businessweek

So, you understand our nation is in trouble. The question is, do you want to do something about it? If you do nothing, then you can watch your wealth erode away to taxes and inflation. You will be a slave to government mandated programs and the financial institutions that hold the purse strings. It doesn’t matter if you pay cash or finance, in the words of Nelson Nash, “You finance everything that you buy.”

As stewards of our finances we must learn to take control of our personal economy, therefore ridding ourselves of government dependence. The idea of “retirement” is actually a government term that perpetuates dependency. Sadly, most employees will never have enough to support this dream of retirement that has been sold to them.

While true unemployment numbers hover around 20%, millions continue looking for jobs while trades and crafts are available in their backyard. And, the internet has given us markets never imagined before.

As governments collapse across the globe, history is repeating itself and prophecy is being fulfilled. As talks continue towards a world currency and taxes on the “rich”, our Congress refuses to balance the budget and stop their reckless spending. Financial markets have crashed before, and they will crash again…Yet, Americans still follow the financial advice of radio hosts who tell them to max out their 401k contributions. Already identified as targets by your friends in congress, these ticking time-bombs have never recovered from recent crashes.

What is a family to do? Whatever happens, you can protect your family name and legacy by controlling your finances today. This erosion does not have to affect you in the drastic ways that it sadly will affect most families.

Our system of earning, saving and investing money simply is broken. It relies way too heavily on the tag team of government and mega-banks and financial institutions, and way too little on the self-reliance and individualism that made our nation great!

You can create your own financial independence and take control of your money. Declare your freedom and make the remainder of 2011 as important as our country’s revolution in 1776.

Join hundreds of thousands of Americans who have declared they’ve had ENOUGH! Rid yourself of the slavery of the financial institutions. Discover the Infinite Banking Concept™ in the bestselling book, Becoming Your Own Banker

Or get started today by requesting a FREE, No Obligation analysis of your financial picture

Protect yourself from the onslaught of attacks coming to you by the U.S. Government and Mega-Banks.
Fight Tyranny by starting your own Financial Revolution and Declare Your Financial Independence!

“What at first was plunder assumed the softer name of tax revenue.”
~Thomas Paine

“Certainty? In this world nothing is certain but death and taxes.”
~Benjamin Franklin

Tu Ne Cede Malis, (Latin: Do not give in to evil but proceed ever more boldly against it)
~Ludwig von Mises

Declaring your Financial Independence will reward you with freedoms like none before, it is an act of patriotism. Now is the time to act with confidence and courage just as our forefathers did when they signed the Declaration of Independence FREE Yourself from Bondage – Request ar financial review

Until next time,
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 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.

He has created a service that caters to families and business owners that are 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

Don’t Believe the Hype about Financial Reform

Don’t Believe the Hype about Financial Reform The Unintended Consequences of Investing with Uncle Sam

With all of the hype from the mainstream press about financial reform, consumers might assume that the Dodd-Frank bill will actually help their financial portfolio. A closer look though at the affects of the financial regulatory changes might reveal some unintended consequences.

Over 800 pages of politically charged financial regulation can be found in the bill. And while, from a consumer standpoint, this may sound like a good thing, it will probably add to the confusion already involved with investing. The legislation does provide some protection for the consumer, however these small improvements will have little positive impact for the average family.

Once again the Federal Reserve has bypassed scrutiny and emerged as the ultimate financial regulator. Nary a mention has been given to auditing this cartel though that was the first intent of Congressman, Ron Paul.

Taking a look at what will actually occur for most, we will cover the most common places that people park their money.

http://rcm.amazon.com/e/cm?t=pma101-20&o=1&p=8&l=bpl&asins=1615456473&fc1=000000&IS2=1&lt1=_blank&m=amazon&lc1=0000FF&bc1=000000&bg1=FFFFFF&f=ifrQualified Retirement Plans (401k, 403b, IRA, etc)
Popular investments such as those offered by employers, because they may offer tax-benefits and are considered to be conservative, could see these regulatory decisions affecting the costs and availability associated with these plans. What’s worse is that the full affect of the reform may not be known for some time.

Because of the gray area left in the bill, regulators have 15 months to study the issue. This could ultimately drag down the returns of these investments. Primarily these studies will involve “swaps”, “wraps” and “derivatives”, all of which can be found in typical retirement accounts. Kent Mason, partner at Davis & Harman LLP and outside counsel to the American Benefits Council, says this “would have an immediate and very troubling effect on 401(k) plans across the country.”

Mutual Funds
Although their is little mention of mutual funds in the Dodd-Frank bill, it is likely that the legislation will affect the holdings of these funds.

Their is also uncertainty for bond funds which could further increase volatility. The (FDIC) Federal Deposit Insurance Corporation, will have more control to sieze troubled financial institutions, and have leeway to pay investors differing amounts on bonds, though they may be holding identical bonds issued by that particular institution. This could cause uncertain investors to dump the bonds at the first sign of trouble or to demand higher yields.

Bob Auwaerter, head of fixed income at Vanguard Group says this “can have all sorts of unintended effects”. The potential result is unequal treatment of bondholders which “will reduce liquidity and lower the price.”

Even worse, typical mutual fund investors, who are prone to trying to time market-buying decisions, could be affected by advertising. “Hot funds”, touted by financial magazines, coordinated with advertising could result in misinformation being passed along to consumers.

Derivatives
At yearend 2009, there were $464 TRILLION in outstanding derivatives. While the new bill seems to focus on this problem, it is doubtful that the new provisions could have prevented the financial crisis.

Dividends
Probably the most troubling to investors is the taxing of dividends. Without further congressional action, the top dividend tax rate will skyrocket to 39.6% in 2011. Senate Finance Committee Chairman, Max Baucus (Dem. Mont.), will be a key player in the future debate over the taxation of dividends.

Brokerage Accounts
The (SEC) Securities and Exchange Commission will have authority under the bill to impose the same standard of “fiduciary” duty on brokers that currently apply to investment advisors. Meaning that brokers must provide advice that is in clients’ “best interest”. What exactly does this mean? How does a broker, that you have probably only spoken with on the phone, know what is in your best interest?

The bottom line is that the bill will provide minor improvements to consumer laws that regulate the financial industry. BUT, the major changes resulting in increased regulation will affect everyone from banks to insurance companies, resulting in more confusion and less profits.

Fortunately, there is one financial instrument that can keep you out of the confusion and chaos that congress continues to pursue. If you do your homework, you’ll find that good, old-fashioned whole life insurance has survived for hundreds of years intact.

There are many flavors of life insurance, so you’ll want to make sure you are dealing with an experienced agent that does business with a “mutual” life insurance company. Mutual life insurance carriers pay dividends to policyholders, and the owner of the contract controls the policy. You can learn more about the extraordinary benefits offered by whole life insurance here: http://legacyinsuranceagency.com/lifeinsurance/wholelife.html

Until next time,
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 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.

He has created a service that caters to families and business owners that are 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

Emergency Financial Planning – Are you ready for what’s next?

Are you planning for an emergency financial situation? Will you prosper or get plundered in the future?

You already have access to the news and you can choose to read, watch or listen to whatever you want to. There’s good news and bad news in most every story, but how do you decipher the good from the bad? And, who do you trust?

The reason that I share this information with you is expose you to different viewpoints that you may not have access to in the mass media, and to allow you to educate yourself on the facts. As my friend and author Nelson Nash says, “If you know the facts, you’ll know what to do.”

So, you think your money is safe in the bank? Here’s a list of troubled banks from Martin Weiss, chairman of Weiss Ratings. They are rated A-F, just like in school.

What would happen if these banks failed? Loans would no longer be available, fear would prevail, and if your bank failed you could lose interest and access to cash.

You may ask yourself, “How are these banks in trouble when we’ve bailed them out, and the Federal Reserve is loaning them money at practically zero-cost?” A number of reasons actually, including greed, overspending and bad loans.

Delinquency rates are increasing and commercial loans are starting to falter. Some in Congress are already asking for more bailout funds. Another massive refinancing program may be enacted soon. http://www.financialstability.gov/latest/pr_05212010.html

Adding to the problems, the Fed has not only already flooded the U.S. economy with upwards of nearly $2 trillion in newly printed money, they have promised to help bailout Europe… With no end in sight as to how much monopoly money the Fed will print, each and every dollar printed is adding to an unlimited supply of fiat currency.

Will the central banks ever tighten monetary policy again? Chances are slim, they are content merely printing money and causing your dollars to lose value through inflation. Thus cash and long-term bonds, traditionally safehavens, may no longer a good place to hold money.

Equities are more volatile than ever, and the markets are in turmoil. Now financial gurus from the mega-media houses are touting that you buy gold and precious metals to combat inflation… and to get rich?

In turn, speculators are buying gold faster than they can mine it. Analysts are forecasting a 27% rally that would extend the longest run of annual gains since the 1920’s. Gold managers are capitalizing on the anxiety and fear… Have you noticed how many advertisements there are telling you to invest in gold?

Ask yourself, how do you make money with gold? Like anything else right? Buy low, sell high… This is almost laughable, since the common man has not a clue about how to do this. Commissions going in or out can average as much as 18%, so you are down 36% before you even make a dime. Do you buy bullion? coins? ETFs??? And… very few even consider taxes.

We are no longer on the gold standard, what happens when and if another standard comes along? Right now the Federal Reserve is printing money at will, so gold no longer backs your dollars.

How do you spend gold? What do you do with 16oz of gold? Assuming you had $20,000 to buy gold in the first place… What if the government confiscates gold? They have before.

Don’t hear me wrong, I’m not saying gold is a bad investment. But… Just like anything else you have no business investing in gold until you have done your research.

With interest rates being low, the government is punishing savers. The financial institutions want you to buy the latest, greatest products, and most advisors are telling you that now is the time to buy. You are also being told to invest on your own and trade online… How is that working out?

Most American’s lost money in the greatest bull market of all time in the 90’s, even with managed money. And, those who thought they made money have lost it since. How do you realize a gain in the market? You have to buy and sell at the right time.

Certainly you can make profits if your timing is right… But that’s a big “IF”.

Do you think we are at the bottom? Do I have to remind you that less than a year ago the Dow was below 7,000? Other analysts and experts are saying we could see another correction soon… plunging the Dow to 5,000! Take a look at the last 10 years of the Dow.

All the while the government and many bond managers are suggesting that you buy bonds for safety and Treasury Inflation Protected Securities (TIPS), others warn this could be a problem as well.

Social Security is beginning to deteriorate and benefit payments are starting to outpace tax receipts. Baby boomers are retiring, putting more strain on Medicare and Social Security. State governments are borrowing money from the federal government to pay for unemployment and entitlement programs.

A more prudent plan may be to step back, learn from history, analyze our problems and make informed, educated decisions.

Okay, enough bad news. So, what can you do? How can you protect your money from loss, earn a decent return, and not get clobbered by taxes and inflation? The answer is simple really, and it’s nothing new… You may think that today’s economic problems are different from those of the past, but they really are not. Money is the same today as it has been for 2,500 years.

The Problems

  • Excess Consumption
  • Excess Spending 
  • Excess Investments 
  • Excess Cash

The Solutions

  • Stop Overspending
  • Control Consumption
  • Maintain Emergency Reserves
  • Make Safe and Prudent Investments

As is often the case, we need to get back to the basics. In his book, The Richest Man in Babylon, George S. Clason outlines financial principles that have survived for centuries.

Here’s my short and updated version.

5 Simple Steps for Preserving and Creating Wealth

1. Pay yourself first

2. Save a minimum of 10%, preferrably 20%

3. Write down your expenses and buy only those things that are necessary

4. Put your money in safe and liquid assets that appreciate in value

5. Insure your income for the future

 
Questions to Ask Yourself Before Moving Your Money 

  1. If interest rates on CD’s and money markets are less than 2%, and inflatin is 3%, why would you put your money there?
  2. If the market is volatile and you can lose your hard earned cash, why would you invest your money there?
  3. If bonds and gold are no more predictable than other commodities, why would you put money there?
  4. If the Government has control, and can change the rules for your IRA, why would you invest there?
Where should you put your money? It’s not a bad idea to own some or all of the above mentioned financial vehicles, but ONLY after you have protected yourself from loss, created an emergency plan and have excess capital to invest.

Now that you have the basics, there is another advanced concept that you may want to learn. The Infinite Banking Concept™ recognizes that we have a need for finance throughout our lifetime. By utilizing this concept, and the power of dividend-paying whole-life insurance, you can recapture the interest that you are now paying to banks and financial institutions. Anytime you can eliminate interest that you pay to others, and direct that same market rate of interest to an entity you own and control, you will have improved your capacity to create wealth. Other benefits may include tax advantages, risk reduction, protection from creditors, disability and death protection.  

In order to make money like the banks do, you need to think like they do… You need to learn and understand banking. You probably already know how to make money with your labors, you just need to understand how your money is flowing and capitalize your own system.

If you do your research you will learn that life insurance has been around for hundreds of years, before the IRS and before the Federal Reserve. Life insurance companies, unlike other businesses, are looking further down the road than the next 5 or 10 years. They are planning for a minimum of 100 years. They have survived depressions, bailouts and crashes.

Mutual life insurance companies are predictable and most have been consistently paying a dividend to policyholders for more than 100 years. Whole life insurance gets BETTER over time. Every policyholder gets the benefit of the same crediting rate, regardless if you buy this year or if you bought it 20 years ago. But, beware of imposters. Universal life, variable life and indexed universal life policies, primarily sold by stock based insurance companies, do not have the same crediting rates, and can have other hazards.

You can take the first steps to securing your financial future today.

Find yourself an agent that practices Infinite Banking: http://infinitebanking.org/links/usagents.php

Read the book, Becoming Your Own Banker™, and do your research, you’ll be glad you did.

Until next time,
Barry Page, RFC
Infinite Banking Think Tank Member
http://www.legacyinsuranceagency.com/

Barry Page is recognized as a leading expert on life insurance and private banking. He is a Registered 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.

He has created a service that caters to families and business owners that are 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

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: https://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

Tu Ne Cede Malis!

Tu Ne Cede Malis!
Do Not Give In To Evil

The motto of the Ludwig von Mises Institute, Tu Ne Cede Malis, should be our battle cry. What is being perpetrated as a means to save our country by unprecedented spending is evil. The government is seizing control of our liberties quickly, and as citizens we must stand up against this evil.

Ron Paul, a student of Austrian economics, has been behind a push to audit the Federal Reserve. On the other side, Ben Bernanke, objects to this “intrusion” into their books, stating that it would cause a massive failure to our financial system. Does it seem ironic to you that Ben Bernanke bailed out Goldman Sachs, but not their nearest competitor, Lehman Brothers?

According to Reuters, 84 banks have failed so far in 2009, over 400 more are in trouble. The FDIC funds have been depleted by 20% due to these failures. And you think your money is safe in the bank? Mostly it is, but that’s not the problem. When banks and government collude to create a system to control monetary supply, now that is a problem. And, our Federal Reserve System is a major source of the problem.

Recently I heard Warren Buffett answer some financial questions about the past year on MSNBC. He said that he didn’t worry about the market or losing money because he knew over the long term that the dollar will go down in value and in turn he would make money. Huh? Does he know something that we don’t?

Later, talking about taxes and what it will take for our economy to recover, Buffett stated that American’s must trust our banks. And, when looking at the market, he likes Wells Fargo and Goldman Sachs, of course.

Shortly after that a commercial comes on that reminded me of a rock band concert ad, it was for Timothy Geithner! MSNBC is throwing a big party town hall meeting where “you” can ask him tough questions….yeah right. If you get a chance, ask him why he lied about cheating on his taxes or how if he can’t figure that out, how he plans to run our country’s accounting and tax system. We have a tax cheat running the IRS and basically deciding the fate of our country… Maybe Obama will be the opening act.

Okay, back to the banks. Banks are failing because of the Federal Reserve System. Ask yourself how a bank can borrow money for less than1%, loan it out for 5% to upwards of 20%, and lose money? Banks use a fractional reserve lending system. This allows them to lend out much more than they have in reserves, taking huge risks.

People are nervous, and rightly so. What can you do? I hear that every day. The good news is that there is something you can do. You need to do the OPPOSITE OF WHAT THE GOVERNMENT IS DOING.

Here’s my short list of what YOU CAN DO NOW:
1. Take control of your finances, now.
2. Curb your spending and save the difference.
3. Spread your accounts around if you keep large amounts of liquid cash.
4. When looking for a secure location to store your wealth consider the solvency of the financial institution, do your research.

As you start to accumulate wealth and educate yourself on how your money is flowing, you will want to ask yourself some questions, and understand who is really in control of your account.

5 questions to ask yourself when choosing a place to deposit YOUR HARD EARNED MONEY:
1. Is my principle guaranteed?
2. Are my funds liquid?
3. Are my funds creditor protected?
4. Are there any tax benefits?
5. Will I earn a competitive return?

Your time is now. If you find yourself in uncertain financial times or with growing concerns over where our country is headed, take control. Use this as an opportunity to explore your passion. Leverage your time and your relationships to pursue your dreams. Protect your liberty and cherish your freedom.

Until next time,
Barry Page

Barry Page is a licensed insurance agent and financial consultant located in Ocean Springs, MS. He can be reached via the web at www.legacyinsuranceagency.com

Don’t Worry, Obama Will Fix Everything…

Obama Initiative Seeks Fix to Finance Regulations – AP. That was the headline from AP and the story that was widely publicized today, June 17, 2009. Here is a direct quote from the story: “The Obama plan recommends increased powers for the Federal Reserve, which is the U.S. central bank”

Read it here: http://www.thestreet.com/story/10517442/1/obama-initiative-seeks-fix-to-finance-regulations.html

As citizens of the United States, we need to be ALARMED!

You owe it to yourself to learn the truth about the Federal Reserve System. Watch a free video on the history of the Federal Reserve here: http://legacyinsuranceagency.com/banking/banking-history-federalreserve.html

You’ll also find the book, “The Creature from Jekyll Island” by G Edward Griffin available on this webpage as well as a free mp3 recording. The book reveals the truth about how the Federal Reserve was created and why our Banking system is a monopolistic cartel.

As citizens of the United States, we need to be ALARMED!

Contact your Congressional Representative http://www.congress.org/congressorg/home/

Join a Tea Party
http://www.teapartyday.com/