Thursday, May 10, 2012

ICON IN MUSIC INDUSTRY TO SAVE MUSIC LEGACY



Press Release May 4, 2012

Five Time Promoter Of The Year & Former VP To MCA Records and Partners to Invest In Music's Future

When you say the name Pat Melfi, you may or, may not know the name because his preference is the “back room”, however, his background and his professional record speaks loud and clear as to who he is and how he will be remembered. Pat Melfi, for those who are not sure is one of music industries most respected names on the business side of the music industry.

A recipient of not one but, 'five time promoter of the year.' Managing concert tours for some of the most recognizable names in music such as Pink Floyd, Vince Gill, Three Dog Night, Guess Who, Tom Petty, and the Eagles, even Grammy artists such as, Juice Newton, Rebecca Lynn Howard, Alabama and Collin Raye, currently managing Multi-Platinum Artists Champaign and World Renowned Actress/Writer/Producer Aura Figueiredo.

Melfi is also, known for his services as the VP to MCA records, serving well over 30 years to the company directly, and through his company The Music Associates. However, his music career started in 1974, while working on the 'Have It Your Way,' Burger King Campaign, while attending Berkeley.

Through his journey he would have experienced three marriages, and three children, while his life lessons would have carried his share of mistakes along the way but, blessing him enough to land back on his feet to realize he had a bigger calling through his faith in God and love for children. This is when his vision began to take form through Muzart World Foundation.

The Muzart World Foundation is a 501 (C-3) Public Charity, organized by industry leaders in music, entertainment, and education. Pat Melfi, (Life long friend and partner) Ken Kragen, (Founder of Right To Succeed) Ted Fujimoto, Brandon Frank, Ellis Pailet, and Philip Cacayorin who are dedicated in ensuring music, and the creative arts will be taught in our public school programs.

Though this organization, has many facets that will highlight some of the funding, and some of the events that will come from Muzart. Their mission is to organize donations, management of intellectual property, technologies, and entertainment assets. To also, develop a curriculum with the goal to reverse systemic failures of education, communities, and family structures that are impediments to the advancement of sciences and creative arts. Finally to build the path to the future that nourishes generations of today’s youth by ensuring that all different areas of human development are cultivated in the school programs, and not just those focused areas myopically, deemed economically prudent to teach.

So where will this journey take us, and when will it launch? The foundations plans are to sponsor an event early 2013, that will demonstrate what is possible when music education is readily available to those children that can benefit from those programs. The Event, 'Each One Teach One.' is merely one of many journey’s to follow. Among those journeys will be the developing of the best project based library in music, and art, and to also, reach out globally.

To Produce some of those events will be Conscious Music Entertainment, owned by Nashville known songwriter, Milliea McKinney. Milliea, who has partnered with Melfi, based on her love for music, and compassion for children, and music education. McKinney, the perfect match says Melfi, as he has learned through his professional business relationship with her. “McKinney, is the kind of friend most look for in a life time but, only few are blessed to find.”

Melfi, who has made many friends along his journey that have touched his life such as with Trudy Reynolds, who introduced him to the writer's of the song 'Each One Teach One,' that will be featured on their launching tour January 2013, John Durrill, and Jeff Silbar.

When we asked Melfi, what message he would like to convey his response was simple. Donate is the first most important act of compassion but, if that is not an option your time, and social involvement will certainly help in making this cause for our children a priority that should not be ignored. Getting the word out is crucial making both education, and government understand what they are doing when they are robbing the children of the knowledge, and their right for these kinds of programs which should be of major concern to every head of household, and indeed should be re-evaluated. Those wishing to donate or, learn how they can get more involved can do so by going to www.muzartworld.org You can also, show your support by visiting, posting and 'liking' on their facebook site www.facebook.com.muzartworldfoundation

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Conscious Music Entertainment
Milliea McKinney
Publicist for Muzart World Foundation
mckinnetmillie@gmail.com

World Renowned Actress Aura Figueiredo To Endorse MuzArt World Foundation

Posted on April 30, 2012 at 09:58 AM EDT.

Beverly Hills, CA (PRBuzz.com) April 30, 2012 -- When asked what initially attracted her to the MuzArt World Foundation, Canadian Actress Aura Figueiredo commented from her British Columbia home, “I believe it is our responsibility as adults and parents to do what we can to assure children across the world that they have music and arts as a mandated part of their education. It should not be only for just those interested or the wealthy. Every child in the world should be provided with opportunities. We know from research that it is essential to the brain development and stimulates their reading comprehensions, delivering better academic results. It should be a requirement to have Music and Education in the global school systems. Kids learn that they can communicate by music and arts and they didn't even know it. I was a very shy person and until I was introduced to music and arts, I had no clue I can shout out. I'm saddened that it's not as common in schools as it used to be.”


The Founder and President of the MuzArt World Foundation, Pat Melfi couldn't be more pleased with the commitment made to the 501(c) (3) public charity by Aura Figueiredo. Melfi said, in a recent phone conversation, "Myself and the other key players in MuzArt feel blessed that someone with Aura's talent, and international name recognition has committed both time, and talent to further the cause of preserving music and creative arts programs in our schools grades K - 12."

MuzArt World Foundation has put into motion a plan to fully utilize the talents of Aura Figueiredo by aligning her talent and unmistakable look to the foundations Platinum Music Libraries, which contains master recordings of songs covering six decades of well known singers and musicians will help bring the hits of yesteryear to life once more along with the standards that are a mainstay with the people of my generation." Aura has a definite opinion of the importance of music in film and television and how sets a mood to the scene, said Melfi.

Profits from the sales, downloads, artistic and commercial use of the songs from the Platinum Music Libraries both in their original form and with the updated versions which will feature the artists of the 80's, 90's and today, will help build and maintain music and creative arts education for children in the Public Schools across the world.

This catalog includes over 900 Top Ten Billboard charting hit songs that represent a chronology of what has made American music what it is today. Household legends in popular music such as Bill Haley, Little Richard, Bo Diddley, Fats Domino and Alice Cooper are just a few of the names that grace the pop catalog. The whole mission designed by Muzart World Foundation, and the need to continue the legacy of music and art education, just resonated with her, said Figueiredo in a telephone interview.

"I extend an invitation to all parents, grandparents, and concerned citizens to help save the music and creative arts programs in our elementary and junior high schools. Go to our website muzartworld.org read our four part mission, find out what's coming up and how you can get involved", stated Melfi.

Media Contact:
Milliea McKinney
Publicist
Muzart World Foundation



Friday, September 16, 2011

ICON NEWS: Lew Marklin Calls Out Music Industry to Clean Up Their Act For Kids

Icon News Host, joins forces, as a board member to Conscious Music Entertainment, a non-profit org designed to bring awareness and positive lyrics and education to kids through music.

FOR IMMEDIATE RELEASE

Lew Marklin, Host of Icon News on Dish Network PRLog (Press Release) - Sep 15, 2011 - Hollywood CA - Lew Marklin, a.k.a. Lewis Marklin Mash, host of Icon News announced his involvement with Conscious Music Entertainment (C.M.E.), with a loud resounding message to the music industry to start being accountable to the music content that we are giving to our children. Mash, who had a music background, as a rap artist and performer, before his new career in television, has been very vocal about this opinion that he shares with some of entertainments biggest names, on radio shows around the country and in London, this summer. Marklin states "I just feel sick about some of the music that we are giving to our kids right now. At the micro level, we are responsible for our own children and households, at the community level, we are responsible for each other and eachers own, and at the national and international macro level, we are one big village raising up generations of tomorrow and it's just shameful that we allow artists who I will not name, teach kids much worse than just curse words, but how to use hardcore drugs that destroy their developing minds, treat women poorly, cheat their way through life, disrespect for law and order and the list goes on. As a kid, I got in a lot of trouble, but as I grew up, I came to find out, the hard way, that life does not get any easier and at a certain point society begins to treat you pretty badly if you don't get your stuff together. It is our responsibility to teach these kids those realities and to uphold the same standards that we expect them to live by. You find these lessons in the Bible, Aesop's Fables, Chinese Proverbs, in every spiritual writing and even every Disney movie you watch. I think it's safe to say that you don't need to be Aristotle to understand this concept. There's a real problem and we need to do something." Marklin sits on the board of Conscious Music Entertainment.
Conscious Music Entertainment, a company founded by Nashville Songwriter, Milliea McKinney, and partnered by Pat Melfi, the former VP to MCA Records, and Partner to Ken Kragen, the creator of 'We Are The World', Hands Across America', and 'Live Aid'.and supported by Board members Audra Nay and TV Producer Lewis Marklin Mash of ICON News which will air this fall.
Pat Melfi, and Ken Kragen, are at it again working to bring education to our youth with music and art with EOTO, {Each One Teach One} and MuzArt Foundation. McKinney,
Nay, Melfi,and Mash work to bring education and awareness for the need to positive lyric content to our youth and our society cautioning artist to be aware of their listening audiences and the age group.
Marklin finishes that "The entertainment industry has always had a unique power to influence masses, with the burden of contradicting the rock star carefree party lifestyle and money making. These are times when we see, who steps to the plate and puts off the party, passes on a few bucks and says, we got a problem, let's come up with a solution, we're all in this together and it's our responsibility to take care of these kids and give them the same fighting chance that we had. I look forward to seeing a great turn out, because this is a great town, and I cannot even tell you how wonderful so many of my colleagues in Hollywood are. It nearly brings me to tears sometimes when I see the heart's of so many of today's stars out here. It's great and it just doesn't get talked about enough. We're about to move and shake and make some amazing life changing stuff happen, just watch!"

# # #


Press releases regarding the television shows and projects that Atomic Lawn Entertainment, LLC produce and represent.

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Tuesday, October 5, 2010

TYPICAL STOCK MENTALITY

I was at the dentist yesterday and happened to mention that I am now more involved in the provision of financial services for a living and not just in the music industry as I have been for the past 35 years. I was telling him that songwriting comes in many forms, and singing to the tune of "Broke" was not in my cards. Often, in the music industry, we scratch our heads and wonder how some piece of crap song makes it to the top of the charts...and every single time, we learn that a very strategic finacial marketing plan was put into place. So whether we are selling a band, a song or our spouses on our financial plan to retire with, it undoubtedly requires proper planning. People don't fail, they fail to plan...and such is the case with my dentist as I came to learn from this short session with him.

Within moments the dentist started ranting about how his portfolio has been flattened in the 2009 recession.

And he was "done with the stock market for good."

In fact, this guy went even further saying he moved all of his assets
into bonds.

His reasoning was so backward, I actually started to worry that someone so irrational was operating on my gums.

But naturally I was curious.

The pattern the doctor followed, is typical of the average "stock market loser".

The investor who moves with the rest of the sheep.

Euphorically buying stocks at the height of a bubble... And irrationally selling stocks at the absolute bottom.

But this guy went even further. He sold his stocks at the crux of the recession and moved them into bonds. Obviously thinking this was the
safe and sensible option. But he bought bonds at probably one of the worst times in history.

In coming years as interest rates rise so will bond yields.

And of course, the price of his new portfolio of 3% bonds will fall to bring the effective yield up to the market interest rate.

But, forgive me I digress. What amazed me was this intelligent well educated man made a catastrophic string of mistakes.

Buying when stocks are irrationally expensive, selling when they're irrationally cheap and then...

To top it off, he pushed his dwindling chip stack into yet another bad investment.

How did this happen?

Human nature.

It's human nature to follow the crowd. Every fund manager owns Cisco...

Because if Cisco suddenly drops his boss will remark "What is wrong with Cisco?"

If Mr. Fund Manager is invested in ABC Widget Co. and it also drops...

The boss will instead shout "What the wrong with you?"

Getting rich from the stock market is easy you just need to accept a
few universal truths.

The capitalist system is a trong one.

I don't believe it will ever fail.

The profit motive behind capitalism will forever drive forward innovation
and thus the stock market.

As companies innovate and resources are put to better & better use...

The stock market and the wealth of investors will follow.

Since the start of capitalism the economy has moved in a boom and bust cycle.

When things look bleakest... When CNBC anchors are predicting the end of the world...

This is your signal to get in.

As the stock market rides up making up for past losses - The "stupid money" is still sitting on the sidelines licking their wounds.

Finally... As the stock market recovers all the losses and forges ahead reaching new highs... Finally the common man comes round to the idea of investing again.

At this point stocks are overpriced.

Investors are forecasting a new age of ever increasing earnings.

At this point the smart money sits out.

When your next door neighbour is giving you financial advice - Run back inside and sell everything.

My point is: Right now the DOW is at 10,750 points.

Before the recession the DOW peaked at 14,000.

Sentiment amongst investors is overall bullish, but nowhere near euphoric.

This is because we are still making up for the drop from 14,000.

It's a foregone conclusion that in the near future the DOW will once
again reach 14,000.

At that stage, as the DOW forges ahead to 15,000 and higher... That's
when to sit out.

If you haven't ridden the economic recovery so far... it's far from over.

And the longer you wait. The closer we get to a 14,000+ DOW - The less
opportunities that will be available.

We at Primerica understand the trends that have taken place even before the Great Depression. The ride is a real as a roller coaster. Proper planning and understanding of the trens, adequate protection of our assets provide for a much better result for our retirements. We can help, we have helped and we will continue to help thousands of American families weather the storms as they rise and fall. Get a FREE financial analysis of what is happening in your life right now...get a vision of how to weather the storms. There are no surprises with Primerica...just solutions.

Many of you know I have spent 35 years in the entertainment industry developing financial plans to launch music careers of some of the most popular bands in the world. Financial planning is not the same everywhere. KNOWLEDGE IS NOT POWER as is ofetn quoted by APPLIED knowledge is indeed powersul. I know a lot a smart folks that caught caught in this storm.

Email me here if you need help.

Wednesday, September 29, 2010

What happens when you sign without reading first?

In just five months, on January 1, 2011, the largest tax hikes in the history of America will take effect.

They will hit families and small businesses in three great waves.

On January 1, 2011, here's what happens... (read it to the end, so you see all three waves)...



First Wave:


Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families.

These will all expire on January 1, 2011.



Personal income tax rates will rise.

The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).

The lowest rate will rise from 10 to 15 percent.

All the rates in between will also rise.


Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as highermarginal tax rates.


The full list of marginal rate hikes is below:
• The 10% bracket rises to an expanded 15%

• The 25% bracket rises to 28%

• The 28% bracket rises to 31%

• The 33% bracket rises to 36%

• The 35% bracket rises to 39.6%



Higher taxes on marriage and family.

The "marriage penalty" (narrower tax brackets for married couples) will return from the first dollar of income.


The child tax credit will be cut in half from $1000 to $500 per child.


The standard deduction will no longer be doubled for married couples relative to the single level.


The dependent care and adoption tax credits will be cut.


The return of the Death Tax.

This year only, there is no death tax. (It's a quirk!) For those dying on or after January 1, 2011, there is a 55 percent
top death tax rate on estates over $1 million. A person leaving behind two homes, a business, a retirement account, could easily pass along a death tax bill to their loved ones. Think of the farmers who don�t make much money, but their land, which they purchased years ago with after-tax dollars, is now worth a lot of money. Their children will have to sell the farm, which may be their livelihood, just to pay the estate tax if they don't have the cash sitting around to pay the tax. Think about your own family's assets. Maybe your family owns real estate, or a business that doesn't make much money, but the building and equipment are worth $1 million. Upon their death, you can inherit the $1 million business tax free, but if they own a home, stock, cash worth $500K on top of the $1 million business, then you will owe the government $275,000 cash! That�s 55% of the value of the assets over $1 million! Do you have that kind of cash sitting around waiting to pay the estate tax?



Higher tax rates on savers and investors.

The capital gains tax will rise from 15 percent this year to 20 percent in 2011.

The dividends tax will rise from 15 percent this year to 39.6 percent in 2011.

These rates will rise another 3.8 percent in 2013.



Second Wave:

Obamacare


There are over twenty new or higher taxes in Obamacare. Several will first go into effect on January 1, 2011. They include:



The "Medicine Cabinet Tax"

Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).


The "Special Needs Kids Tax"

This provision of Obamacare imposes a cap on flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit). There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children.

There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education.

Tuition rates at one leading school that teaches special needs children in Washington , D.C. ( National Child Research Center ) can easily exceed $14,000 per year.

Under tax rules, FSA dollars can not be used to pay for this type of special needs education.


The HSA (Health Savings Account) Withdrawal Tax Hike.

This provision of Obamacare increases the additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent.




Third Wave:

The Alternative Minimum Tax (AMT) and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2011, they'll be in for a nasty surprise-the AMT won't be held harmless, and many tax relief provisions will have expired.

The major items include:


The AMT will ensnare over 28 million families, up from 4 million last year.

According to the left-leaning Tax Policy Center, Congress' failure to index the AMT will lead to an explosion of AMT taxpaying families-rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.


Small business expensing will be slashed and 50% expensing will disappear.

Small businesses can normally expense (rather than slowly-deduct, or "depreciate") equipment purchases up to $250,000.

This will be cut all the way down to $25,000. Larger businesses can currently expense half of their purchases of equipment.

In January of 2011, all of it will have to be "depreciated."


Taxes will be raised on all types of businesses.

There are literally scores of tax hikes on business that will take place. The biggest is the loss of the "research and experimentation tax credit," but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.


Tax Benefits for Education and Teaching Reduced.

The deduction for tuition and fees will not be available.

Tax credits for education will be limited.

Teachers will no longer be able to deduct classroom expenses.

Coverdell Education Savings Accounts will be cut.

Employer-provided educational assistance is curtailed.

The student loan interest deduction will be disallowed for hundreds of thousands of families.


Charitable Contributions from IRAs no longer allowed.

Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA.

This contribution also counts toward an annual "required minimum distribution." This ability will no longer be there.



PDF Version Read more: ; http://www.atr.org/six-months-untilbr-largest-tax-hikes-a5171#%23ixzz0sY8waPq1


And worse yet?


Now, your insurance will be INCOME on your W2's!

One of the surprises we'll find come next year, is what follows - - a little "surprise" that 99% of us had no idea was included in the "new and improved" healthcare legislation . . . the dupes, er, dopes, who backed this administration will be astonished!

Starting in 2011, (next year folks), your W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are given by the company. It does not matter if that's a private concern or governmental body of some sort.

If you're retired? So what... your gross will go up by the amount of insurance you get.

You will be required to pay taxes on a large sum of money that you have never seen. Take your tax form you just finished and see what $15,000 or $20,000 additional gross does to your tax debt. That's what you'll pay next year.

For many, it also puts you into a new higher bracket so it's even worse.



This is how the government is going to buy insurance for the15% that don't have insurance and it's only part of the tax increases.

Not believing this??? Here is a research of the summaries.....

On page 25 of 29: TITLE IX REVENUE PROVISIONS- SUBTITLE A: REVENUE OFFSET PROVISIONS-(sec. 9001,
as modified by sec. 10901) Sec.9002 "requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer sponsored group health coverage that is excludable from the employees gross income."



- Joan Pryde is the senior tax editor for the Kiplinger letters.
- Go to Kiplingers and read about 13 tax changes that could affect you. Number 3 is what is above.



Why am I sending you this? The same reason I hope you forward this to every single person in your address book.

People have the right to know the truth because an election is coming in November!

Now is the time for Primerica so you can plan ahead of this mess.
________________________________________

Wednesday, September 15, 2010

ARE YOU EVER GOING TO SELL YOUR HOUSE????

Most of you know I don't usually write my feelings about politics because I believe that they are all full of crap. I was flying a flag to create the new REPUBLICRAT party when the damn Tea Party movement came along and ran with it...lol, and that's ok.

I am however always taken back when stupid things happen. I have this friend who uses this line "People Don't Plan To Fail, They Fail To Plan" and certainly one can arrive at that conclusion when it comes to our government. I don't care whether you are Republican, Democrat, Republicrat, Tea Party or whatever man. I know you would never, ever sign a 2,700 page document without reading it, would you? Why in the world would we allow our government to do that in our behalf?

Remember Nancy saying, "you have to Pass the Bill to see what is in it". She wasn't kidding.

These people are truely EVIL. Remember vote early on 11/02 and, if your a former liberal, vote often as our election laws have been modified to specifically allow you too. Remember to get all friends & family out too!

Elect people who will repeal this mess!

Another Obama Nightmare

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?

That's $3,800 on a $100,000 home etc.

When did this happen? It's in the healthcare bill. Just thought you should know.


SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)

REAL ESTATE SALES TAX

So, this is "change you can believe in"?

Under the new health care bill - did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in until 2013 (presumably after obama's reelection). You can thank Nancy, Harry and Barack and your local Democrat Congressman for this one. If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Is this Hope & Change great or what? Does this stuff makes your November and 2012 votes more important? What the h--l does that have to do wwith health care anyway???

Oh, you weren't aware this was in the obamacare bill? Guess what, you aren't alone. There are more than a few members of Congress that aren't aware of it either (result of clandestine midnight voting for huge bills they've never read). AND, there are a few other surprises lurking.

Why am I writing this? The same reason I hope you forward this to every
single person in your address book. People have the right to know the truth because an election is coming in November!

Even though I have this tough NY/LA concert promoter attitude, beyond all that liberal music industry finance crap I feed you here on this blog, I have children and grandchildren who will be left behind to field this BS....get in their way, I'm gonna' have to step up man...and I will, just like you would for your kids and grandchildren...you know you would and that is so ok. It's what we are supposed to do.

THE TIME FOR REAL CHANGE IS NOW...Get out there, protect your children and grandchildren...get out there and VOTE !!!! Put in your daytimer man !!!! It's that important.

Be sure to visit our websites at www.starpointerecorda.com and www.themusicassociates.com

Thursday, September 9, 2010

Healthcare and Real Estate Taxes

Under the new health care bill - did you know that all real estate
transactions will be subject to a 3.8% Sales Tax? The bulk of these new
taxes don't kick in until 2013 (presumably after obama's re-election).
You can thank Nancy, Harry and Barack and your local Democrat Congressman
for this one. If you sell your $400,000 home, there will be a $15,200
tax. This bill is set to screw the retiring generation who often downsize
their homes. Is this Hope & Change great or what? Does this stuff make
your November 2010 and 2012 votes more important?
Oh, you weren't aware this was in the obamacare bill? Guess what, you
aren't alone. There are more than a few members of Congress that aren't
aware of it either (result of clandestine midnight voting for huge bills
they've never read). AND, there are a few other surprises lurking.

Why am I sending you this? The same reason I hope you forward this to
every single person in your address book.
People have the right to know the truth because an election is coming in
November!

We need to take down our "Do not disturb" signs. Snap out of our stupor and come out of our coma and awake from our apathy! DO SOMETHING! If nothing more, be sure to vote in November and get all your conservative friends to do the same! The Left Wingers will be out in droves to keep their status quo!

One percent transaction tax is proposed
President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transactions at any financial institution i. e. Banks, Credit Unions, etc... Any deposit you make, or move around within your account, i. e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged, If you take cash in to deposit, 1% tax charged. This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn.

Some will say aw it's just 1% are you kidding me it's a 1% tax increase across the board... remember once the tax is there they can raise it at will.

Tuesday, August 31, 2010

The World Has Changed

Large image of an ATM Photographed inside a :e...Image via Wikipedia


We have witnessed sweeping global changes in the last few years. The world has been transformed on almost every front. Politically, governments and national boundaries have come and gone. Through technology, we routinely communicate with the farthest corners of the earth in a matter of seconds. Economically, events in far-flung stock markets across the globe impact every market.



But not only governments and economic markets are affected. These global changes also bring about new financial realities on an individual level. The widespread availability of credit cards and automated teller machines makes spending much easier today than in days gone by. And the proleferation of at-home and on-line banking and investing services allows individuals to act more quickly--and sometimes more rashly--than ever before when making financial decisions.



These changes affect virtually everyone in the United States--from our youngest workers and students to our eldest retirees. Yet most youngpeople in America begin their financial lives unschooled in the basics of saving and investing and unaware of how quickly "easy credit" can add up to big debt. For example, in its 1999 Youth and Money Survey, the American Savings Education Council (ASEC) found that forty percent of students are likely to buy a pair of jeans (or something similar) they really want even if they do not have the money to pay for it. And 70 percent would pay for it with a "credit card."



And while most adults have high expectations for retirement, many will fail to maintain the lifestyle and standard of living to which they have become accustomed because they failed to plan and save. According to an August 1998 study by the Employee Benefit Research Institute (EBRI), more than half of American workers--55 percent--have no idea how much they will need to save to save to make their retirement dreams a reality.



Planning for future financial needs--especially for retirement--has also changed. In the past, the burden of planning for the future fell primarily on such external forces as government (through Social Security and Medicare) and employers (through pension plans directed by the employer). Today, however, the responsibility for one's financial future has shifted to the individual.



Over the years I have made incredible amounts of money at my day job in sales of entertainment, real estate and mortgage origination. And, as most Americans, I lived in the day, a boy with his toys, had the cars, the time shares, the big houses yada, yada, yada. In a recent meeting with my business manager, he produced reports from these various incomes. It was simply amazing to learn that the benefits of my own business and investments in real estate were in in fact saviours of our family's retirement. We can make it happen in the next five years, despite our carelessness in financial planning, as we all can. EDUCATION IS THE ANSWER, WHAT'S THE QUESTION?



Let's get together as an American people and start to change our ways, our education system and our lives. It's time now to c\take control of our own lives. We have learned over the past 2 years that our government has gone off the deep end with spending in a way that is foreign to you and I. The most important element of our investment strategy is the protection of it...a sad truth that we all tend to overlook. Check out my new website at www.primerica.com/melfi where you can learn a bundle of new things that will protect your retirement strategies, where you can become self-reliant and where you can get a FREE financial analysis of what strategies you NEED to employ to assure your safest returns.



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Friday, August 27, 2010

Wal-Mart vs. The US Government

1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.

2. This works out to $20,928 profit every minute!

3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.

4. Wal-Mart is bigger than Home Depot + Kroger + Target +Sears + Costco + K-Mart combined.

5. Wal-Mart employs 1.6 million people, is the world's largest private employer, and most speak English.

6. Wal-Mart is the largest company in the history of the world.

7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in mind they did this in only fifteen years.

8. During this same period, 31 big supermarket chains sought bankruptcy.

9. Wal-Mart now sells more food than any other store in the world.

10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had five years ago.

11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores. (Earth's population is approximately 6.5 Billion.)

12. 90% of all Americans live within fifteen miles of a Wal-Mart.


You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy.

This should be read and understood by all Americans Democrats, Republicans, EVERYONE!!

To President Obama and all 535 voting members of the Legislature, It is now official you are ALL corrupt morons:

a.. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke.


b.. Social Security was established in 1935. You have had 74 years to get it right and it is broke.

c.. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke.

d.. War on Poverty started in 1964. You have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to "the poor" and they only want more.

e.. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are broke.

f.. Freddie Mac was established in 1970. You have had 39 years to get it right and it is broke.

g.. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before. You had 32 years to get it right and it is an abysmal failure.

You have FAILED in every "government service" you have shoved down our throats while overspending our tax dollars.

AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN HEALTH CARE SYSTEM ?? MAYBE WE OUGHT TO KICK YOUR EGG-HEAD BUDDY BUMS OUT OF OFFICE AND HIRE WAL MART TO RUN THE GOVERNMENT ??? WAL MART SEEMS TO KNOW HOW TO RUN A BUSINESS.......WHY DON'T YOU GUYS JUST ADMIT IT'S WAY BEYOND YOUR PAY GRADE, AND QUIT?

Monday, August 23, 2010

Pension Plans Have Changed by Pat Melfi

In almost every sector, job benefits have declined, and workers have increasingly come to realize that they will need to save for themselves to have economic security. The "security blanket" of a life4time job was never available for most, but many Americans have acted as if it were. According to 2006 study by EBRI, in 2004, only 28 percent of workers ages 55 and older had been on their job 20 years or more.

In the past, only about one-quarter of workers participated in "defined benefit" plans, such as pension plans that provided annuities at retirement, but many Americans acted as if it all had this benefit. Today, employers increasingly offer "declined contribution" plans, such as 401(k) plans, rather than defined benefit plans. With defined benefit contribution plans, the ofrten decide among different investments and bear the entire risk and reward of their investment decisions. The continuing growth of of such plans requires that American workers learn the basics of investing and become disciplined about making contributions to their plan.

Despite the recent rise of defined contirbution plans, not every worker in America enjoys the benefit of an employer-sponsored retirement plan. According to officials with the Department of Labor, slightly less than half of America's wage-earning and salaried workers are covered by some type of pension plans. Of the approximately 120.4 million American workers, about 60 million public and private sector workers have no pension plans.

According to a 2007 study by Public Agenda, more Americans are working for smaller companies--companies less likely to have pension plans, or even volunatry retirement plans. For example, EBRI found that in 1993 only half of all workers in businesses with 25-99 workers had the option of an employer-sponsored retirement plan. And for businesses with fewer than 25 employees, only one-fifth had access to such plans. By contrast, at businesses with 100 or more employees, 85 percent of workers could take advantage of an employer-sponsored retirement plan.

Thus we have the need, even moreso now than ever before to sit down, get a plan together of what our lifestyle wants to be at retirement and implement such a plan. EDUCASTION IS THE ANSWER, WHAT'S THE QUESTION? Are you with me on this? This is one of the most significant issues in the life of every human being, not only, just Americans. Anybody else here remember learbning about this is elementary school, high school or even college? Not me! I am an Ivy League graduate and and never in the 5 years I attended college, do I recall hearing this topic...of course my major was marketing, so maybe it's not that important to a marketing executive. Hmmmm, don't think so...it's time for educators to start providing EDUCATION THAT MATTERS. Over the 35 years I have spent in the entertainment industry, I have met many wonderful musicians, with many #1 songs and at the end of the day are broke due to poor planning.

It's time to get self-reliant, step away from the word "entitlement" and provide for our own families. For a free financial analysis of where you really stand in today's economy compared to where you would like to be when you retire, call me at 801-792-6970.