That's The Bottom Line 06/01/24 - podcast episode cover

That's The Bottom Line 06/01/24

May 30, 202444 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

We're just trying to turn a neckel into a dive. That's the bottom line. Welcome to real honest talk about money, politics, news and information you can actually use. Buckle up and hold on tight. This is that's the bottom line. The best thing in life of bree. But you can give them to the bath and be the Hello everyone everywhere, welcome this is.

That's the bottom line. With yours truly, Gene Valerni, your weekly radio broadcast that tells it like it is on k LB five sixty Am Saturdays at six in the morning and then again on Sundays at eleven in the morning. We also want to welcome those of you who listen to this weekly report by

logging on to savemiretirement dot com or that's the bottom Line radio show. I'm a partner at Asset Growth Associates. We have offices located in Dallas, Houston, and Beaumont, Texas, where we offer investment, pension and 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, or occasionally even paying nothing at all, sometimes negotiating a fresh start as well. As I said, we do it all. We've been serving our clients

in Texas and Louisiana for decades. On today's report, among the topics, we have comments on the complete absence of justice and twisted malfeasance by both the judge and the prosecutors in the trial of Today's dirty Little Secret exposes the US justice system for prosecuting individuals for non crimes and how dangerous this is for our

individual freedoms as Americans. Today's solution segment selves for financial security and protected financial contracts that gather in market gains without exposing your money to losing value during market down turns. We can help with all types of tax returns to ladies and gentlemen and listen. When it comes to investing, do you know what your risk number is? You can find out by logging on to either Savemyretirement dot

com or what is my Risk Number dot Com? You answer brief number of questions, the computer programs will sign a risk number between one and ninety nine and show you if you're actually investing according to your individual risk tolerance. Listen to me. It's a free service that we offer our listeners. So log on to Savemyretirement dot com today, and while you're there, sign up for our free newsletter which offers a lot of tax and investment tips as well.

Well. I've got a lot to cover again this morning, so let's get started once again. This is Gene Valaratte reporting. No matter what anyone thinks about President Trump regarding all the nonsense regurgitated up from his past, all that matters are the facts. Payments made to Stormy Daniels as hushmunny payments are not illegal, and Trump never made payments directly to miss Daniels. Anyhow, Trump's disgraced lawyer Michael Cohen did, and then Cohen stole money from Trump through false

billing. Cohen is the one who should be on trial, not Donald Trump, as far's campaigning for political office and criticizing a political opponent. Neither is that a crime, But that's what they really put Trump on trial for. Judge Juan Marshan has proven himself to be unworthy of being a judge, and his motives have always been to create, in this case, fabricated nonsense solely for the purpose of embarrassing Trump and to do the bidding of his Democrat masters.

Plus any misdemeanor charges against Trump long since passed the statute of limitations. What has been truly on trial for the past ten weeks or so of Trump's prosecution is America's criminal justice system, which supports the criminalization of political opponents and should never be allowed to occur again. To render any legitimacy to what has been occurring in New York over the course of the last weeks against Trump is

a travesty of justice. Listen to me. I keep hearing the lines of the late TV star Jack Webb from his television role as Detective Joe Friday in the old Dragnet TV series when he would say, just the facts, man, or just the facts, sir. What was missing in the trial of Donald Trump was plainly and simply just the facts. Hush funny payments, as we should know are all know by now to the point of nausea, is

not illegal a neither is criticizing your political opponent to win an election. It's all politics and has no place within the justice system of any state or the nation as a whole. The Democrats are guilty of trying to turn the United States of America into a third world banana republic. And that's what the prosecution of Donald Trump is all about. And since they've committed these offenses against freedom loving citizens of the United States, they have forfeited their right to be taken

seriously in any and all manner pertaining to our American Republic. In the Trump trial, neither the judge nor the prosecutors are looking for justice. Their objective is to criminalize Donald Trump for the sole purpose of helping Joe Biden and his henchmen in Washington, d C. Retain power illegally for perverting the American justice

system. Nothing the Democrats are accusing Trump of doing is illegal, and if it was, had passed the Statute of Limitations and require villainous Democrat prosecutors to twist the law to the point of breaking it for no other reason than to betray the United States of America. It's the Constitution, anything else that represents

liberty and justice. That's what they're destroying. The handpicked Democrat prosecutors working for the contemptible prosecutor Alvin Bragg on loan to New York by the corrupt mind Administration Justice Department as this Coangelo guy, and to a man, they should all be considered for disbardment for participating in this prosecution without merit and solely for political gain. Neither do we need judges like Juan Marschaan that put politics above the

law and above justice itself. Donald Trump, nonetheless, I do believe, will prevail and will regain the presidency of the United States, and hopefully the American people will give him the support of voting in Republican majorities in the US House and Senate to help him restore hope, sincerity, justice, and prosperity to the American people. Anything less will only continue the stagnation of corrupt, crooked lawyers and crooked politicians in what they bring to bear and the well being

of we, the people of this proud nation that we live in. If the evil we have been witnessing to the political criminalization of our justicism isn't nipped in the bud, it will just grow strong enough to wrap its vines around the throats of liberty and justice, and all of us, the guilty as well as the innocent, we'll also see our futures choked by these minds of injustice that self serving politicians, lawyers, and judges have brought to bear on

all of us, ladies and gentlemen. And that's really the bottom line and where we begin this morning's report. What's happening right now is a travesty of justice. It should never have occurred. It's making us look bad in the eyes of the world. You got a handful of corrupt politicians that are trying to cover Joe Biden. And this is all that goes back to the Biden

administration. That's the plot that was designed in the White House. So that's where it is, and that's what's going on right now, And believe it or not, that's what's happening. And where you're watching your freedom and your children's freedom, and you're watching all of this and justice itself being ripped to shreds by dirty, rotten, low down politicians. And that's exactly what's happening. That's it okay. On the local frontcation missed the outcome of the race

for the Texas House District twenty one. Dade Feeland edged out David Covey by three hundred and sixty six votes. According to published reports, either Feeling or Covey managed to win the primary out right in March. Dade Feelin is currently the Speaker of the Texas House and his next hurdle will be for him to retain his current position of the Speaker of the House in the in the in the Texas House when it reconvenes in Austin, Texas very shortly. Okay.

That's the state of affairs, both state and local that we find as we open this morning's report. I've got a lot to cover today, ladies and gentlemen. We've got just a lot going on, and we got to get it all in. So don't go away because we're going to be back in a few minutes and we're going to give you the rest of today's report you're listening to. That's the bottom line, your weekly report on KLV that tells it like it is. Will be right back after these important messages. We're

just trying to turn a neckel in you a die. That's the bottom line. 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 hold free at one eight six six seven, two eight three six nine seven.

We're just trying to turn a nickel in to what die. That's the bottom line, people now from now will you can't even welcome back ladies and gentlemen you're listening to. That's the bottom line your weekly broadcast on KLBI.

That tells it like it is. The one thing we learned thus far and the prosecution of former President Trump is that the testimony of Stormy Daniels alleged sexual encounter with Donald Trump was allowed to be presented to the jury by Judge jan Mar Shawn for no other reason than to attempt to paint former President Trump as a philanderer. That testimony she gave, along with its salacious accompanying details, had no other bearing on the outcome of the other than to paint mister Trump

as an unfaithful husband, which he denies. Of course, Judge Marshan wanted to make Trump look like someone of low moral character and reinforce it during the recent trial. Trump denies the deal with Stormy Daniels ever happened, but the judge wanted to use Stormy Daniel's testimony to taint the jury against President Trump. Unable to actually present a real crime for which to accuse President Trump of breaking a law, prosecutors needed to try and paint him as someone who would cheat

on his wife. Recently, Miss Daniels said she and her husband will leave the country if Trump is re elected president. Well, good rooten, Stormy, we don't need you here anyhow, and part of the prosecution of mister Trump. Since their there was no underlying crime to use as an attempt to convict him of a real crime, the prosecution instead sought to take mister Trump's

reputation as someone who cavorts with prostitutes. It was designed to be used as character assassination to make him look bad not only in the eyes of the jury, but also in the eyes of the American voters as well, especially middle class Christian voters who believe in the sanctity of marriage. And Judge Marshand permitted this because his whole goal is to destroy Trump politically, rather than to simply

preside over a trial in a fair way. Trump denies he ever had an affair with Miss Daniels, and as we found out during Michael Cohen's testimony, it was Cohen who paid one hundred and thirty thousand dollars one hundred and thirty thousand dollars to Miss Daniels. As Trump's attorney, Cohen just build Trump for legal fees. But it wasn't that simple. Cohen over build Trump for legal

fees and hid it from Trump by lying on his billing statement. So technically Trump never did pay Stormy Daniels the hush money, which in itself, even if he did, is not a crime. You don't really get that clarification listening to the talking heads on television, do you, But for which the Democrats of course, attempt to use against Trump anyhow, and try to use it to confuse the public and possibly the jury as well. They're very confused.

In the end, the entire prosecution was nothing more than an attempt to

make it harder for Trump to be re elected. But even more so than that, it was done to help boost President Joe Biden's chances to win reelection, and was orchestrated from within the Biden administration to be carried out against Trump by the culprits within Biden's administration and also his partners in the US Justice Department by US Attorney General Merrick Garland. Looking back to look ahead, we can also better understand why Rob Rosenstein remember that name while he was acting as US

Attorney General during the Trump administration after Jeff Sessions resigned and Rosenstein worked against Trump within the Justice Department. That was the first attempt to try and force Trump from office earlier in his first administration, before Robert Barr was appointed US Attorney General. The attempt to overthrow the Trump presidency began early and even included the

nearly two year investigation of Trump by former FBI head Robert Muller. Remember all that the Democrats have attempted repeatedly to betray the American voters with repeated attempts to prevent Trump from having a successful administration almost continuously from the time he won the presidency in twenty sixteen, including through and after his administration into the president The attacks by Democrats from the time Trump first came down the escalator back on June

sixteenth, twenty fifteen, through his presidency, and even after he left the presidency have been unending and continued to be through the latest attempt to put him on trial under those non existent charges in Manhattan. Episode against Donald Trump by the Democrats have shown how un american the Democrat Party has become in its attempts to work against the best interests of the American people, people like you and me, you know, and then this and then look at it, look

at look at else. What's going on? Right with all this going on, we don't hear much about the southern border, but Biden right now is still They're still allowing that massive influx of illegals into the United States and to undermine we the American people, and literally betray us not only from a despicable Biden administration, but also to interfere with our free and fair election. The cornerstone of American freedom is free in fair elections, not the court system.

These are indeed perilous times that we're living in, ladies and gentlemen, and we must recognize the threat to freedom and liberty now occurring right before our eyes. And trust me, that's really the bottom lines just wears me out sometimes when I do these reports, because I can read between the lines, I understand what's going on, and this confusion, and you know, confusing the American people into thinking that crimes were committed and putting people on trial like President

Trump, and there were no crime committed at all. That is not the American way. That's not justice, and it should it should never be able to occur as it's occurring. And I think most people understand that. Fair minded people, and even if you're a partisan Democrat, you have to be able to see what they're doing, and what they're doing is wrong. It's injustice and has no place in our American system of justice in this country.

It's all wrong, wrong, wrong, wrong. Anyhow, President Biden, the Democrats will increase your taxes now by canceling the Trump tax cuts that were passed during the that were passed during his administration. A win by the Democrats in November will result in going back to higher income taxes for the American workers. I want you to know that, which were lowered back when Trump was

president. And Trump says if he wins in November, he plans to retain or perhaps reduce income taxes even more when the current rates expire next year. All right, ladies and gentlemen, we have to pause again for another break in the report, So don't go away. I've got a lot more to cover. Stay tuned. You're listening to. That's the bottom line on k I be back right after this important message. We're just trying to turn ankel into a dime. That's the bottom line. I want to invite our listeners

to find out what a risk number can do for them. Visit what is My Risk Number? Dot com? And while you're there you will find more information and if you click the link on the front page, a quick five minute process will give you your risk number for free. Visit what is my risk number? Dot com? Now to take control of your investments and make them do what you want them to do with a very high degree of certainty. That is what is my risk number? Dot Com? Again, what

is my risk number? Dot com? Where just trying to turn ankel into a dime. It's the bottom line. Welcome back, ladies and gentlemen you're listening to. That's the bottom line your weekly broadcast on KLVII. That tells it like it is. And now it's time for that segment to this weekly broadcast, as we call the dirty Little Secret. It's items in that are occurring and you need to know about because our crooked news media, for the

most part, never wants to tell you about it. Last week in the United States of America, the American people commemorated the annual observance of Memorial Day, the remembrance of all our fellow Americans who died in battle to preserve freedom and justice for you and me and our families. Well, this past week, Democrat prosecutors were making a mockery of the deaths of our fallen military veterans by attempting to accuse War Trump of committing a crime for something he did not

do in the normal course of his daily events. What crime was that, Well, what was he doing? He was writing checks and paying bills, which is not a crime. In other words, he's being prosecuted for paying his legal bills. What does this tell you about the current state of affairs of our justice system in the United States of America. Next month, we're going to be celebrating Independence Day in July, the celebration of our country declaring

its independence of the English king and autocratic rule. If in the United States of America we allowed the government to prosecute individuals for non crimes and threaten them with the loss of their individual liberties. Does that mean we celebrate Independence Day in vain? The answer is there is no answer if we allow a political party to prosecute a rival politician as so much normal legal business. During his ordeal, Donald Trump was deprived of his freedom of speech by Judge Juan Murshon.

Judge Mrshon also does not allow a defense witness to testify to the jury about how the law was broken. They had an expert person there, and the judge would not let that fellaw testify because he doesn't want the people in the jury to know what's going on. He just wants he just pushing for that guilty verdict. Additionally, the judge further threatened to disallow the testimony of defense witness Robert Costello, holding his eyes at Judge Marshan after mar Shan interrupted

his testimony. Everything that Judge Marshand did to unfairly waigh the trial testimony against mister Trump to favor the Democrat prosecutors is eligible for further charges of a mistrial. If just a travesty of justice was allowed to be carried out against the former president of the United States, that should serve as a warning to all

Americans. Those of us who who do not have the financial resources of the political connections against anti American prosecutors to intentionally twist the law to the breaking point, making a mockery of justice. No finance, no justice, I guess. And even someone as wealthy as Trump, who can have, who has the resources to pay high paying lawyers, high charging lawyers, to charge a

lot of money, it's still you see what they're doing to him. If Judge Marshan was an honest judge seeking justice, he should have thrown the case out against Trump long before it went to the jury. What hope for any of us is there for the average American? I ever enjoying justice when those charged with the administration of justice are the very ones who prevent its administration.

Think about that. For something this monumental as the trial of a former president to be presided over by a partisan judge, speaks for itself and displays how fragile justice is for we the people, and not only for us, but for all our fellow Americans. People like Alvin Bragg, He's the Manhattan prosecuting attorney and his hired US Justice Department hired guns, you should call them, should all be disbarred. All those lawyers are all crooked. They should all

be disbarred and denied being allowed to prosecute crimes. So should any and all judges who would use their offices to administer the law unjustly. What hope is there for the common man to have confidence in our American tradition of liberty and justice if, in the end all that matters is to what political party the judge, jury, and prosecutor are members of, and especially when the defendant and is of an opposing political party, none other than the father of our

country. Listen to this. This goes back now. The father of our country, George Washington, warned a young America against allowing the formation of political parties. When it comes to the pledge, pledging loyalty to a political party over loyalty to liberty and justice for all, it leads to the maladministration of

justice for everyone. In New York, the street crimes and criminal laws go unprosecuted, allowing the real criminals who thrive in menace innocent citizens to go about their business of robbing, stealing, and murdering, while the politicians put their full efforts to finding ways to prosecute their political rivals, which in itself is another form of criminal activity itself and denies liberty and justice for all and so

doing. If the Democrats get away with what they're attempting to do in New York, the future of justice in America remains in jeopardy for we the people. They should never be allowed to be getting away with what they're doing. It's a travesty of justice. They that's how they want. That's how they want to preserve the Democrat power in Washington, d c. That's how they want to keep Joe Biden, their their puppet president in the White House.

I'm telling you, ladies and gentlemen, if you don't recognize this, and if you don't see this or what it is, well you're you're asleep at the wheel. How about this little tidbit of news. This past week, movie actor Robert de Niro was boomed while making public statements against Donald Trump outside the courthouse in Manhattan, where Trump's on trial. The crowd of Trump supporters encircled De Niro and began booing him, calling him a washed up actor.

De Niro was claiming if Trump wins reelection, he will be a dictator who he would be a dictator. That's what the nero was saying. Trump is. You know that's he's got his his wires twisted, because it's just the other way around, isn't it. The nero's claims that if Trump wins the election, he will be a dictator, but was finally led away by his bodyguards while the pro Trump crowd closed in jeering him. You know, it's easy to sit there and be bomb basting and say all those things whenever you

got a bunch of bodyguards around you. I guess Robert de Niro, Now there's a there's someone to contemplate, right, What a guy? What a guy? Legal experts say Judge Mrshan eventually will be called to task for his unethical pronouncements and pro prosecution efforts to work against Trump's defense attorneys. But by the time it happens, the twenty twenty four election will have passed. In the history back after this, we're just trying to turn a nickel into a

dime. That's the bottom line. This is Gene Valerati of Assent 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 reserved trunch 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 of 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. We're just trying to turn ankel into a dime. That's the bottom line. Welcome back, ladies and gentlemen you're listening to. That's the model line. You're weekly broadcast on kl THEI that tells it like it is. This is Jean Bellerani reporting. Listen. It's signed for a solution,

a solution on how to not lose money in your investments. And for those of you listening to this morning's broadcast, be aware there is a way to capture gains when the market's up without worrying about the market taking those games back. At the moment, we continue to see a lot of political turmoil. In fact, some are calling it a cold political civil war between the left wing pro communist Democrats and primarily former President Trump, since for the most part,

only a few Republicans have been willing to publicly support President Trump. Meantime, since part of the Democrat plan and their media allies is to do everything they can to frighten the financial markets, this might be a scary time for investors and retirees. Both the Democrats and the media still believe making people suffer financially helps their grasp for more power, and this is the threat of the left. Despite the country enjoying relatively low unemployment rates. But what are we

really facing right now? Ladies and gentlemen. You're not making enough money. Inflation is destroying your buying power. Listen to me. I've been around for a while. I'm not a spring chicken, as they used to call young people. The Democrats cannot stand prosperity because they eight the free enterprise system. Yet they know, with the help of the corrupt media, they're able to

scare the financial markets with falsehoods and threats and drive down stock prices. Therefore, it might be worth it, especially for anyone listening to me this morning, to consider learning more about incorporating principal protection into their portfolios, especially if

those principal protection contracts are issued through our work at Asset Growth Associates. At Asset Growth Associates, we work to balance the risk versus reward aspects of investing for our clients by providing our prospective clients with risk adverse guardrails to identify how much investment risk they might be comfortable with. And some people want no risk

at all. We have that in principle protection by encouraging people we work with to find out if or what their risk number is before designing an investment strategy, we can best fit their objectives and help our clients achieve their financial goals. That's what we do at Asset Growth Associates. With our offices here in Texas, our operation helps our clients with their financial needs. Now here's what

I want you to do. If you have some questions and you'd like to make sure that your investment portfolio isn't being chopped up by the political class, why not call us in four O nine eighty four oh sixty nine hundred. You can also reach us online and Savemyretirement dot com way. Contact us, schedule a time to visit with us, and then learn more about the work that we do at Asset Growth Associates. You live far away places, the toll free numbers one eight sixty six, seven two eight three, six nine

seven, you can reach us that way as well. In Beaumont four O nine eight four oh sixty nine hundred. Easy way to remember our toll free number one eight sixty six Save my retirement. That's you know, that's an easy way to remember the toll free number. Or simply log on to Savemyretirement dot com on your computer, leave us a message and then we'll get back with any anyone interested in speaking with us, do it now if you're interested

in designing a customized plan for your financial future. Remember, when it comes to financial outcomes, one size does not fit all. And because like buying clothes, we need to be comfortable with our decisions. At Asset Growth Associates, we base our recommendations on an investment strategy to fit our clients' risk profile. In other words, you like your clothes to fit comfortable, well,

we like your investment strategy to fit your needs comfortably too. Sometimes in days, the days we now live in, plans without any risk at all are the best method, the best plans of all. Listen, we only have so much time in this world. We're all you know, the years roll by, we get older, we're nearing retirement. If you've worked hard and you've put some money away, now's the time to take to take the risk

out of out of your portfolio. Call us four row nine eight four h sixty nine A hundred will help you design a plan that fits your needs and you won't run out of money in your old age. All right, we'll be back with a little bit more right after these messages don't go away. Where'res just trying to turn a necklin Who die? That's the bottom line. Where're just trying to turn a neckel in? Who die? That's the bottom line. Welcome back, ladies and gentlemen. I hope you uh felt that

it was worth listening to this broadcast. In the last hour, we share a lot of political views with you during the early part of the show. We feel that's important because we have to deal with politics, because the politicians are the ones that can either mess up our economy or help improve our economy.

And I think most people watching financial events nowadays understand the risk versus reward challenges associated with investing money now for future use, given the political challenges occurring in the present US economy, especially for those of you nearing retirement or already retired. The enemy of your financial security at the moment is in plation. It shrinks the buying power of your money. In other words, it takes

more of your money to buy the necessities of life. You don't have anything leftover, and sometimes there's two much month at the end of your payday. Right listen, the buying power of your money is shrinking. That's why you need to pay attention, and you need to make sure that you have a strategy where you can set some dollars aside that'll grow and the value will increase

your future buying power instead of shrinking it. That's very important. We have plans here that asset growth associates that pay an upfront bonus, and in addition to paying you a bonus, we can have a nice, healthy four percent guaranteed interest rate on top of that, and that gives you know, gives you the first year of the contract, you know, a ten percent gain automatically. And then what we can do there is each year, manage,

manage each succeeding year until you retire to fit your future needs. I think it's worth it for you to call us four oh nine eight four oh sixty nine hundred, make an appointment, come in visit with us, and we can share some ideas with you that have helped a lot of other people in the past, because that's really what we do for a living. Now, I want you to keep listening to That's the bottom Line Radio Show. And if you can't listen to us on the radio, just log on to That's

the bottom Line Radio Show and you'll you'll find us there. Meantime, God bless you, God bless your families, God bless freedom loving Americans. That's the bottom line. You can reach st Growth Associates by calling one eight six six seven to eight thirty six ninety seven are by visiting savemiretirement dot com

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