That's The Bottom Line 01/25/25 - podcast episode cover

That's The Bottom Line 01/25/25

Jan 24, 202544 min
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  • If you have any questions please contact Asset Growth Associates Tax & Retirement Advisors located at 1391 Calder Avenue in Beaumont. You can also email [email protected] or phone (409) 840-6900.

Transcript

Speaker 1

We're just trying to turn a neckel in to a dime. That's the bottom line.

Speaker 2

Welcome to real honest talk about money, politics, news and information you can actually use.

Speaker 3

Buckle up and hold on tight.

Speaker 4

This is. That's the bottom line. The best thing the life of free. But you can give them to the bath.

Speaker 3

And be the line. Hollo everyone everywhere, welcome this is. That's the bottom line. But you're truly Gene Vallerini. Your weekly radio broadcast that tells us like it is on KLi five sixty am Saturday mornings at six am, then again on Sundays at eleven am. We also want to welcome those of you who listen to this weekly report online by logging onto either savemyretirement dot com or That's the bottom Line Radio Show. I'm a partner at Asset

Growth Associates. We've got offices located in Dallas and Beaumont, Texas, where we offer investment, pension, retirement planning services as well as income tax returns for individuals, families, and businesses. We do it all at Asset Growth Associates, including representing our clients who may be having difficulty with the irs often being able to negotiate a settlement and occasionally even paying nothing at all, and sometimes negotiating a fresh start as well. Listen,

as I said, we do it all. We've been serving our client in Texas and Louisiana for decades. On today's report, we look at the promise and hope renewed for the United States as the Trump administration begins its promise to us of making America great again. Today's Dirty Little Secrets has questions that need answers with regard to the legacy that the Biden administration has left us, and today's Solution segment, as always, has more information on how to invest successfully

and not lose money. And we can help with all types of tax returns too, because we do that at Asset Growth Associates. So whether you're investing money, you need trouble with or need to cover your income tax returns, or you're having trouble with the irs, feel free to call us. Well, it's time for another report. So as they say in baseball, when the score is tied, it's a brand new ballgame, and the same goes with our

new President, Donald J. Trump. Like it or not, he's back and he has an agenda to carry out and his agenda once again is to make America great again. We Americans have witnessed one of the most dramatic events in history. Ladies and gentlemen, listen to me carefully. Trump means business and he's going to push forward against all odds with regards to putting the USA back in shape. He's determined to put everything back in order, and I

believe he will. He fired over one hundred bureaucrats left over from the Biden administration, close the border to illegal immigration, and as I speak, has immigration authorities rounding up illegals and will soon be sending them back to where they came from. As far as immigration into the United States goes trumps all for it. As long as the immigrants come to America legally, we have a lot to look forward to, and we can't expect much in the first

hundred days of his administration. His announcement about the new artificial intelligence company, Stargate and its five hundred billion dollar investment to have computers diagnose cancer patients individually eliminates the one size fits all in medicine and cancer research, and it's going to produce individual, tailor made cures for patients using artificial intelligence. It's really a breakthrough in the fight against cancer research and cures. On another front, he's already

cleaning out the bureaucracy. A lot of Biden appointed bureaucrats have been shown the door, and his cabinet is con and his cabinet confirmation will begin to see much more on the world stage. Trump has is visiting a part of North Carolina struck by the hurricane last fall that Biden left abandon and has visited California where wild fires

have destroyed thousands of homes. And Trump says those abandoned reservoirs and bypass flows that send water to the Pacific Ocean to protect smelts are going to be returned to their original operations to be used for farms, crops, and protection from wildfires. And Trump has had an ambitious agenda for his presidency to return America's leadership to a dominant position in world affairs, primarily carry out peace through strength.

Of course, he will encounter resistance from hardcore leftists within the Democrat in the House and Senate, and of course Democrat judges you're going to try to rule against his implementations and executive orders. But most can see by his facial reaction his determination to push through much of his agenda. As for the Democrat Party, it will either have to waste time fighting Trump or more correctly, try to help

Trump accomplish all he's attempting to do. Pennsylvania Senator John Fetterman, he's the guy you know you see wearing short pants and a hoodie. Well, he says he plans to work with President Trump as much as possible instead of being an obstacle. He was a Trump's inauguration last Monday, dressed in his hoodie and shorts. Can you believe that Pennsylvania as was won by Trump this time around? And Fetterman says he plans to work with Trump instead of being

an obstacle. He's going to be an interesting character to watch in the weeks and months ahead. Meantime, the US news media, most of them remain tied to the left, and they're likely going to continue to try and slant the news against our new president. But Trump by now understands this and rather than try to win them over, will ignore their left wing rhetoric and pro communist desires as they slamt the news against Trump. But as we

enter this new age of Trump. We will see more determined, a more determined personality in our president to push for fulfilling his goal of making America great again, and despite criticisms from the left wing media, he plans to do it. So this is where we begin today's report and try try our best to look to look ahead by looking back and see where we're headed as a nation. You know, it's it's going to be an awesome adventure in any ways, and I think that we're gonna witness much in as

the the new Trump administration begins unfolding. We've got a lot to cover this morning, and I want you to stay tuned. We're going to have to take a look at the future today a little bit, and I also want to take the time to look at the past as well. I'm going to look back in our secret segment at the Biden administration and call a few items to your attention. So I want you to know that, and I want you to stay tuned because for the moment,

as the Trump administration begins, it's it's new agenda. We also must create a new agenda in how we take a look at how things are going. So I want you to stay tuned. Don't go away. As I say, We've got a lot more to cover, and I'll be back after we listen to some very important messages that maybe you should pay attention to as well as everyone else. So don't go away. We'll be right back after this brief pause for some messages. Stay tuned.

Speaker 1

We're just trying to turn a nickel into a dime. That's the bottom line.

Speaker 3

The power to tax is the power to disproy. Taxes affect your paycheck, your plans, and even your peace of mind. But this tax season leads the stress to us. This is Gene Balleraniut Asset Growth Associate. We make filing income tax returns simple, accurate, and stress free. If you're fifty year older, you could qualify for a low price of ninety nine dollars to file your return. So when it comes to your taxes, every detail matters, every time. Call us four oh nine eighty four oh sixty nine hundred

er visit save myretirement dot COMMN do it today. Taxes are everything. Let's make them work for you. Are you thinking about starting your Social Security benefits early? Before you decide, let's talk about the big picture. Claiming benefits before your full retirement age, whether it's sixty six, sixty seven, or somewhere in between, can reduce your monthly income by up to thirty percent. That could mean thousands of dollars less every year, and once you start, there's no going back.

Here's the unintended consequence. That smaller check could limit your ability to enjoy retirement, cover healthcare costs, or leave a legacy for you and your loved ones. And if you live longer than you expect, those reduced benefits might not be enough. But don't worry. We're here to help. At Asset Growth Associates specialize in creating smart strategies for social security and retirement income. Will help you maximize your benefits

and secure your future. Call four oh nine eight four oh sixty nine one hundred today or visit savemretirement dot com for your free social security analysis. Let's make sure your retirement works for you, not again, plant smarter, retire better. If you owe the i R S five thousand dollars or more, don't call an unknown eight hundred number. Instead personally meet with us to review your IRS problem and if you want to pay the i R S nothing

or less than you owe. We can set up a fresh start agreement with the I R S. We can help you. Ladies and gentlemen can call us whole free at one eight six six seven, two eight three six nine seven.

Speaker 5

We're just trying to turn a nikkol to what time.

Speaker 4

That's the bottom line.

Speaker 2

We will, we will, PO can't even.

Speaker 3

Welcome back, ladies and gentlemen you're listening to. That's the bottom line your weekly report on k ld I. That tells it like it is, as the Bible says, God created both male and female and each has a role to play. At the prayer service on Tuesday welcoming the new president instead of a welcome and a prayer for the success of the country and the second Trump administration, the right Reverend Mary Ann Buddy, I think that's how

you pronounce her name, or maybe just Bud. She's the episcopal Bishop of Washington, d C. She spoke directly to President Trump and criticized him on his stance of arresting and deporting illegal criminals and others, and his stand on a man and a woman being separate from one another. In other words, she was criticizing the president for not allowing people to enter the country illegally, and she also criticized Trump's stance on a male being male and a

female being a female. Trump was criticized and the Reverend Bud he criticized her back for being nasty and not being very smart. He said she brought her church into the world of politics in a very nasty way. I'm quoting Trump there. He also said she should have reflected on acts of violence linked to the illegals. Nonetheless, we have freedom of speech in the United States, and one can only imagine if she spoke out in a communist country or a socialist country, what would have happened to her.

I also wonder if she would have spoken out to a Democrat that way now, and how the you know, with how much the news medium would have how the news medium would have treated that right. The good news is we have freedom of speech in the United States, and the Reverend Bud exercised her free speech, even though one could say she was supporting lawlessness. And most ministers of the Bible might have other thoughts on the subject, and I think many do. Donald Trump is once again

president of the United States. His election was a landslide victory which carried the popular vote as well as the electoral vote. He's got a mandate, and people like the right Reverend Bud can speak out because this is the United lace States of America and we do have freedom of speech. If she was making that speech in China, what do you think would have happened to her? It goes without saying that she would have been thrown into a re education camp or probably more correctly, some prison

gulog and no one would have ever heard of her. Again. In America, we have freedom of speech, and that's the way freedom of speech works, and so like all of us, she has the right to speak freely. I have no problem with that. What she says, obviously you can disagree with realistically, the problem with illegal immigration is it's illegal. Everyone is welcome, but they have to come to America illegally. What's wrong with that. There's nothing wrong with that. It

makes sense. You'd have to any other country you would want to migrate, you'd have to enter the country legally. Trump is simply going back to enforcing the law, and that's a good thing. Anyhow, we're living in an age where the dictates of our founding as a nation is being restored. They're going to be restored under the Trump administration, and anyone who wants to live in socialism or communism can leave freedom and liberty and go elsewhere. Cuba is

only ninety miles from the US. I wonder how brave the Reverend Bud would have been speaking against the communist regime there, or maybe North Korea or even the Soviet Union. At least that's the way I see it. The left wing news media speaks out against freedom constantly here in

the United States. Why do they do that, well, because I have freedom of the press, and with freedom of the press constitutional right, and they can, you know, they can rant and rave against freedom and liberty all they want, and one would think they would be more appreciative of freedom of the press, as they say, with freedom comes responsibility, and when we have disagreements with the government and voice it, you know, it's part of living in a free country.

If you're an American citizen, you have had people, your fellow citizens who've engaged the enemy, have been wounded, disfigured for life, maybe crippled for life in battle against socialism, communism, and so on and so forth. And so as we sit back and rethink everything that we have in this country. We certainly have to say that we have to respect the Reverend Bud's commentary because she has the freedom to

speak it. But by the same token, maybe she should be more appreciative of that fact, and maybe she should be a little more careful because it's her duty, I believe, would be to preach the gospel of Jesus Christ. Jesus, of course, saved all mankind from the separation between God and the human race, and we have to remember that, and we have to think about that from time to time. And in America, we have freedom of religion, so you can worship the Good Lord above any way you want to.

In this country, people have fought and died for that privilege. For our privilege to be able to do that, our right to be able to do that, our Bill of Rights tells us we can do that. Can't force us not to attend a certain church or not attend a certain church. So that's freedom and liberty. And from my opinion, I think she probably used it the wrong way in scolding Donald Trump at a religious service in her church.

But then again, she has the right to do that, and of course she's already over all the liberal news media. They just love her for you know what they call speaking truth to power, but that's not truth. If you're going to speak truth to power, you have to speak truth. You cannot speak lawlessness. And that's the way I see the situation. Well, I've got a lot more to cover. Don't go away, be right back.

Speaker 1

We're just trying to turn a nickel into a dime. That's the bottom line.

Speaker 3

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Speaker 1

We're just trying to turn ankel into a dime. That's the bottom line.

Speaker 3

Welcome back, ladies and gentlemen you're listening to So that's the bottom line. You're weekly broadcast on KLVI. That tells it like it is. Before I go into today's report in the segment that we call the Dirty Little Secret, I want to mention this to you in case you haven't heard. A judge in Seattle, Washington has ruled that anyone born in the United States or naturalized and canned

and is a citizen of the United States. However, that's his reading at the Constitution, because the Constitution clearly states that if you're born in the United States, you are a citizen, but you are subject to the laws thereof. I can't get into all of it in a brief show this morning, but I guess they'll settle that one in a court somewhere, probably end up at the US Supreme Court. As to whether or not foreigners who sneak into the country and have children that the children are

American citizens. Always wondered about that. Here's today's dirty little secret. Former President Joe Biden, in the very last hour of his presidency he signed pardons for all his family members who had shared in illegal payoffs and bribes he shared with he shared, he shared with them. He did this reversal during his time as Obama's vice president. You know, he was always in there going around, getting a bribe here, getting a bribe there, and he got away with it.

And then what he does is he becomes president and then just before the last minutes is his presidency, he's signs this document to insulate his brothers and other members of his family who were recipients of his bribes, kickbacks, and other illicit payments during his presidency. When the Biden presidency was called the Biden Crime Family, the accusation was probably correct. It was Biden and those in his administration that tried to lock up President Donald Trump after Trump's

first administration. As it turns out, all those charges against Trump were false. All the indictments, all the trials, all the accusations were part of the Biden and the Democrat induced criminal activities to use the law to break the law,

because that's what they were doing. All this has to be exposed to the fullest ladies and gentlemen, whether or not there can ever be any peace in this country or to bring Biden and his members of his family, who enriched themselves illegally, can never be brought to justice now that they've pardoned. Now that Biden's pardoned himself and his family still has to he still has to be exposed so that the American public knows how corrupt the

Biden presidency was. It also has to be exposed how the left wing news media covered for Biden and instead focused on false charges against Donald Trump. All the invitements and false accusations brought against Trump by former Attorney General Mary Garden likewise need to be investigated and made public. We the people under Biden had a crooked president and it appears probably a crooked Attorney general as well, corrupting the entire US Justice assistant and that can never, never

ever be allowed to occur again. Will it happen? Will another future Democrat presidential administration just resume where Biden left off by abusing their power and then giving themselves pardon shortly before leading office. It's a question that needs to be answered and safeguards created for we, the people of

the United States. Unfortunately, with the second Strump, the second Trump administration now in charge, we look forward to law and order being restored at the federal level, especially within the Justice Department and all federal law enforcement agencies. But what stops, listen to me, what stops some future administration

of becoming another Biden administration? It's a question worth asking because we know President Trump will be around for only four more years, So what assurances will we have for future administrations not going rogue and becoming an enemy of truth and justice like the past Biden administration? Truth justice in the American way must have a resurgence and become the norm, as opposed to just falling back into political corruption because it can happen again. Right, we still don't know.

For example, it's the twenty twenty election that put Biden into office the last time around, we still don't know

whether or not it was rigged. Perhaps there should be an answer to that question for once and for all, with a massive investigation into the twenty twenty election to see if indeed it was somehow rigged and on the up and up right, we have a right to know that the voters put Trump back in the White House, and many of them voted for mister Trump based on the suspicions the twenty twenty election was rigged by using the COVID epidemic as cover for false votes being counted,

and even for many votes and specific precincts being counted over and over again to ensure a Biden victory in twenty twenty. Well it happened again. Did they get away? Did they get away with it? Did they get away with putting Biden in in twenty twenty by falsifying vote counts? I don't have the answer, but I sure would like to know, and would hope we can go back to

trusting election outcomes in the future. But if twenty twenty was a rigged election to put Biden in and steal it from Trump, now's the time to have an honest, trustworthy US Justice Department look into it and settle this question for once and all. We need the question answered because if we don't, it can happen again and again.

Then where will we be. So when we talk about dishonest elections, maybe what we ought to maybe what Trump ought to do to instruct his attorney general, is to have an investigation into the twenty twenty election and let's get it over for once and for all and find out whether or not Biden was even a legitimate president, because if he wasn't, then anything that was passed during

his administration will then have to be scrutinized. So in any event, ladies and gentlemen, that's just the way it goes, and we have to pay attention or what will happen is we will not have anything. Stay tuned, ladies and gentlemen, because we have a lot more information for you, and our next segment is the solution segments, and you don't want to miss that.

Speaker 5

We're just trying to turn a nickel into a dime.

Speaker 1

That's the bottom line.

Speaker 3

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Valerati of Ascent Growth Associates. If you've been watching recent news, a few banks have had a run where customers panic and withdraw all their money at once, causing the banks to fail. If that isn't worrying enough. On January first, twenty twenty three, the Federal Reserve set a new low reserve trumpch for net transaction accounts to six hundred and ninety one point seven million dollars, meaning that banks with net transaction account balances up to this amount are subject

to a reserve requirement ratio of zero percent. You heard me right, zero reserve requirements. Forget fractional reserve banking. How about zero reserve banking? Why would the Federal Reserve create this environment of uncertainty? If this is a concern to you, and it should be, we can show you how to protect yourself and how to locate and utilize financial institutions with very real reserves, not zero reserves. Give us a call an Asset Growth Associates one eight six six seven

two eight three six nine seven. That's eight six six seven two eight three six ninety seven. You can also reach us locally in Beaumont, Texas by dialing four oh nine eight four oh sixty nine hundred. Give us a call. You'll be glad that you did.

Speaker 5

We're just trying to turn a nekel into a dime.

Speaker 4

That's the bottom line.

Speaker 3

Welcome back, ladies and gentlemen, you're listening to that's the bottom line. You're weekly broadcast on kl the I that tells it like it is. And you can also listen to passion shows on the internet by logging on to Savemyretirement dot com or if you want to, just log on. So that's the bottom line radio show and you can find it there too. Now it's time for a solution.

Listen to me carefully, ladies and gentlemen. If you're looking for the highest guaranteed returns on your savings, I have the answer for you, and it's available in Asset Growth Associates, where we issue principal protection plans. Plans index to the financial markets, earning both market linked returns and fixed interest, and you can do all this without ever incurring a market risk. These unique plans are issued by large life

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their name to beneficiaries, and they bypass probate. At Asset Growth Associates, we've been selling such plans and have been providing both growth and income to our clients for decades now, setting money aside for future use and earning returns that grow your account in a safe, short way to plan for the future, whether it's for retirement or just accumulating cash. We do it all to Asset Growth Associates, listen to

the analysts are saying. With Trump entering the White House, all financial institutions are expected to offer growth to investors. At Asset Growth Associates, we're located right here in Southeast Texas and can provide the same services through large financial

institutions that provide for their clients. At the moment, optimism is everywhere and expectations are high for investors to grow their accounts and to do it safely without losing gains, and when done through principal protection accounts, there's never a loss because there's never lost caused by downturn on Wall Street. Inside these specialized designed plans that are designed to grow over time and not only preserve an estig but also

grow an est egg by keeping up with inflation. Opportunities for financial growth are available, and we encourage those of you interested in setting some funds aside for future use to contact us by dolling four oh nine eight four oh sixty nine hundred. That's the number draw office here in Beaumont, setting time aside to come in learn more about the work we do for our clients. Many of you have been listening to this report for decades now, and all who have are keenly aware of our work

providing safe and growing returns. It begins with a phone call to our office four nine eight four oh sixty nine hundred. You call for an appointment and we will help you by sharing ideas we have done for others over decades. Now. Once again, the phone number is four to oh nine eight four oh sixty nine hundred, and for those of you who live in far away places, we have a toll free number and that numbers one eight six six seven to eight three six nine seven.

We can also be reached online by logging onto our website at savemyretirement dot com and don't forget it's no income tax season and we can help you file your tax returns and make sure you get every deduction that you're entitled to. And with the new Trump administration taking office, optimism is everywhere and rightly so. There's no such thing as a perfect plan, but depending on safety and growth,

some are just better than most. So why not call us and learn more about the work we do at Asset Growth Associates because we work for our clients' best interests and that's very important you call us. As I said, there's no such thing as a perfect plan, but some are just better than others, and I think you can appreciate that, So why not call us us learn more about the work we do at Asset Growth Associates, where we have been helping many many of our clients achieve

financial security for both now and the future. Once again, our phone number four oh nine eight four oh sixty nine hundred long distance one eight six six seven two

eight three six nine seven. We've been through a tough couple of years, ladies and gentlemen, but it's all behind us and the future looks brighter, So make sure you look into opportunities that are going to boost your income, especially as you grow older or or once you have met or to meet other obligations such as education, planning for your children, or whatever plans you're making that can be accomplished through safe investment plans designed to grow your

money for future growth. The journey of one thousand miles, they say, begins with the first step. You've heard that for a long time, so I hope to hear from you to be back right after this.

Speaker 1

Whe're j just trying to turn a necklin who die? That's the bottom line. Where's just trying to turn a necke in?

Speaker 4

Who die? That's the bottom line.

Speaker 6

People, welcome back, ladies and gentlemen you're listening to that's the bottom line.

Speaker 3

You're weekly broadcast on k l v I. That tells it like it is. And I know that we mix politics and investments because absolutely, when you have a federal government that's working against you, you need to know about that for your investments. And when you have a federal government that's going to probably be working for you to grow your investments, then that's an opportunity you have to

take advantage with. And when you can set money aside in a principal protection plan that it earns money when the market's going up, but does not lose when the market's going down. This is we've been offering these types of products for decades now, and so I want you to know that it's nothing new when you see similar advertisements on television from far away places. So I want

you to call us. If you want to be able to invest your money, watch and grow and not have fears about losing it, then you need to call us at four oh nine eight four oh sixty nine hundred because we can do anything that you invest money for, and that's an important message that we need to get out to you. If you want to learn more about us at Asset Growth Associates, just log on to Save my Retirement dot com. Find out more about us and what we do how we help our clients retain value

in their investments. Because when we're not on the radio, we're busy working with our clients and looking out for their financial well being. At Asset Growth Associates, we offer principal protection accounts design not to lose value along with traditional investments. So I want you to call us four O nine eight four oh sixty nine hundred. You can reach us toll free one eight six six seven two eight three six nine seven, schedule an appointment at one

of our offices. Come and visit with us and learn more about the work that we do. And also to ensure yourself, guarantee yourself that you will not lose money when you set money aside for future use. There's nothing wrong with not losing money, and I've said that before and I'm sure that you you agree with me on that point as well. Well. The clock on the wall says we're running out of time to continue the show.

So before we leave, I want to say to you God, bless you, God bless your families, and God bless freedom loving people everywhere, because what we need is faith in the Almighty, and we also have to have faith in the country. Welve and see you next week. Don't lose us, come back see you again soon.

Speaker 4

That's the bottom line.

Speaker 2

You can reach asset growth of socinates by calling one eight six six seven to eight thirty six ninety seven are by visiting savemiretirement dot com.

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