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Missed Fortune – Save Yourself from Obamunism

Posted on | February 7, 2010

The Messiah President

Since taking office, President Obama’s greatest frustration has been the U.S. Constitution, which was written to thwart charismatic personalities and political messiahs who promise a free lunch.

Specifically, the founders instituted measures to prevent wealth redistribution, but Obama is bent on bypassing or pushing through them.

Most of Obama’s policies consist of a takeaway from the most industrious and productive citizens and a giveaway to those who make the fewest contributions and take the least personal responsibility.

The results will be to increase the number of potential voters who will receive more tax benefits than they pay for, which will put even further strains on our already bursting national debt.

Bleak National Deficit Forecasts

Regardless of your political leanings, everyone can agree that the national debt is unsustainable, and that swift action must be taken to get it under control.

The New York Times recently reported the following:

“The additional tax cuts and public works spending that President Obama has proposed to spur job creation would add $100 billion to this year’s deficit, bringing it to nearly $1.6 trillion, according to an administration official.

“A deficit of that size for the fiscal year that ends Sept. 30 would be about $150 billion greater than last year’s deficit, which was the highest since World War II.

“Measured against the size of the economy, a $1.6 trillion shortfall would equal almost 11 percent of the gross domestic product. Economists generally consider annual deficits above 3 percent to be unsustainable.”

Entrepreneurs are now spending much more time with accountants in order to save money on taxes. This time comes at the expense of time that could be spent innovating and producing, which would increase tax revenues.

But what should you be doing? How can you save yourself from a bloated government that is coming after your money on all fronts?

Create Your Own Economic Stimulus Plan

You may not be able to personally control what the government does, but there are measures you can take to protect yourself from today’s government spending that will catch up with all of us in the future.

Specifically, if you have money trapped in government-sponsored and -controlled IRAs and 401(ks), you should use a strategic rollout to free that money up and put it into a much better plan.

The Missed Fortune asset optimization strategies provide tax-free growth, tax-free withdrawals, and tax-free transfer to your heirs.

They give you all the benefits of upside market growth, but none of the downside of market losses. Your principal is guaranteed to be kept safe, and you have full liquidity.

This explains why Missed Fortune clients haven’t lost a dime in this distressing economy.

Take ownership for your future by scheduling a free consultation with a Missed Fortune wealth advisor now.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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