That's The Bottom Line 06/08/24 - podcast episode cover

That's The Bottom Line 06/08/24

Jun 07, 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 in to a dime. 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 three but you can give them to the bath and be the means. Get hello everyone everywhere, what

welcome this is. That's the bottom line with your truly Gene Valerami, your weekly radio broadcast that tells it like it is on k l v I five sixty a m. Saturdays at six a and Sundays at eleven a m. We also welcome those of you who listen to this weekly report online by logging

onto either savevibretirement dot com or That's the bottom Line Radio Show. I'm a partner at Asset Growth Associates with 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. Listen.

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 and have been serving our clients in Texas and Louisiana for decade now. On today's report, among this morning's topics, we look ahead as to the final outcome of Trump's unfair conviction and Democrats

introduction of third world politics into American life. That's what they're doing. Today's dirty Little Secret exposes Biden's continue ineptitude on the border with Mexico that will not slow ill legals continuing to flood the US, but not in Texas where Governor Abbott has the border secured. And today's solution segment provides opportunities for safe investing

strategies that really really work. If you haven't filed your tax returns yet, or if you haven't filed then in a few years, we can help you, ladies and gentlemen. Tax laws they're complicated, they're complex nowadays, and we can help with all types tax returns. And by the way, when it comes to investing money for future use, do you know what your risk number is? You can find out by logging onto either savemyretirement dot com or

what is my risk number? Dot com. By answering a brief number of questions, our computerized programs will assign you a risk number between one and ninety nine and show you if you're currently investing according to your individual risk tolerance. Take It's a free service that we offer, so log on to Save my Retirement dot com. Do it today, and while you're there, sign up for a free newsletter which offers a lot of tax and investment tips. Well,

listen, I've got a lot to cover here this morning. Let's get started once again. This is geneval Reni reporting well. A fight between good and evil to capture the heart and soul of the United States of America has now taken a new turn, Ladies and gentlemen, after a Manhattan jury, with the help of a crooked prosecutor and dishonorable judge, managed to manipulate a jury into wrongly convicting former President Donald Trump a little over a week ago.

Now, Prosecutor Alvin Bragg, with the help of the partisan judge Juan Marshawn, illegally cobbled together what allegedly where possibly thirty four expired misdemeanors into thirty four illegal felony charges. That's that was a trick they played and they got away with it. So far, a planned, tricky maneuver by a conspiratorial prosecutor and a crooked judge to trick an in jury into carrying out of prosecution wishes. So, for now, but probably not for law, the Democrats can

begin calling mister Trump a convicted felon. It was very thrilling for them right now, but it won't be. It's only a short term deal because before long the appeals process will begin. Some want the appeal to go straight to the US Supreme Court, excuse me. Others say the appeals process will likely

drag its way through the State of New York's appeal process meeting. The twenty twenty four presidential election may come and go before New York reviews the obviously unjust trial of Donald J. Trump. The Democrat plan to use the trial and conviction to prevent Trump from regaining the White House doesn't seem to be working, as millions of dollars have begun flowing into Donald Trump's campaign from the American people

in large and small amounts, now approaching hundreds of millions of dollars. Judge Juan Marshawan has sent June eleventh for Trump's sentencing date, a few days before the Republican National Convention. Now will Judge Marchon put Trump in jail? Will be US Supreme Court step in and halt sentencing. This has never occurred before in US history. Neither has a political party used lawfare and third World tactics

to interfere in an American election. But that has all changed now with Joe Biden in the White House and an unscrupulous political attack being used by the Democrats within the US court system to try and manipulate the outcome of the presidential election. Because that's exactly what they're doing. But those days are over now, ladies and gentlemen, the days of fair elections, they're over now, as the Biden administration has introduced third World politics into the American system of justice.

Now, most legal scholars feel the Manhattan trial of Donald Trump's guilty verdict will be overturned, if not by the higher state courts in New York, then eventually by the US Supreme Court itself. As it stands now, sentencing for Donald Trump scheduled for July the eleventh. It's possible an intervention by a higher court may override this that that remains to be seen. Last week, US Attorney General Mary Garland was on the hot seat during a congressional hearing before Congress

when confronted by the Republican congressmen. During a hearing, Garland was questioned about the US Justice Department being involved with Democrats in New York to prosecute Trump.

Garland responded by calling such a talk nothing more than spreading conspiracy theories. He claims the US Justice Department was not involved behind the scenes in Trump's New York trial, but many believe the US Justice Department, as well as Joe Biden himself, was involved in promoting the prosecution of Donald Trump, going so far as to have been holding meetings in Washington, DC, and going beyond that

as to assigning Attorney Matthew Colangelo to leave the US Justice Department temporarily and join the prosecution of Trump in New York. It probably goes without saying that operatives within the Biden administration were all in pushing for President Trump's indictment and prosecution in the New York Trump you know that, and the trial without any specific charges as well. You know, they still don't know what the charges are as to why why they put Trump on trial in the first place. At the

me I know they're talking about these payments to Stormy Daniels. But at the moment, however, the prosecution and trial of Donald Trump appears to be backfiring on the Democrats as millions of dollars continue to flow into the Trump campaign for

president. Now I have a feeling that before all this is over, and that before it's all over with, we Americans are going to be witnessing an eventual surge of justice as all those involved in the conspiracy against Trump will find themselves being the ones on trial as a Trump presidency will ultimately be restoring the US Justice Department for once and for all. Listen to me, it's only a matter of time at this point. So the conviction of Donald Trump bought

has a lot of them a gleefully happy. It's not over yet, ladies and gentlemen. The appeals process is going to pick it apart and then they're going to have to overturn that verdict. But they want to push this thing. And listen, this is the first time in US history that something like this has ever happened. It happens all the time in those third world countries where you know, one party goes in and then puts their opponent in prison,

and so on and so forth. It's just a big scandal that it's happening here in the United States, where where we thought we had a normal society and the courts were just, but all that's been changing now the Democrats, the communist infiltration of the Democrat Party has slipped in and they've managed to

get things all twisted and everything out of control. So it's gonna it's gonna be rough, it's gonna be a challenge, and we're gonna have to find out whether or not we the people are strong enough to overcome what is obviously something that that's going on that should should should never happen in our society. It just it just should not ever happen that these these things occur, especially whenever the accusations are illegitimate. Trump didn't do anything wrong and they're violating the

statute of limitations. Also, even if even if he was even if those payments and Stormy Daniels could be cobbled together for for something, it was past the statute of limitations anyhow, so you know that you're dealing with crooked people. Anyhow. We'll be back with what's more right after this. We're just trying to turn a nickel into a dime. 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 whole free at one eight six six seven two eight three six nine seven. We're just trying to turn a nippel into what die. That's the bottom line. We

will move now from them. People can't even look street welcome masculuses. And the bottom line, you're a weekly broadcast on k LBI that tells it like it is. You know. The past week, an article in the Wall Street Journal says the recent trial of former President Donald Trump was conducted without due process. You probably already understand why and know that, but according to the article, now listen, this is important. According to the article, President

Trump was denied his due process rights. The New York trial of mister Trump violated basic due process, which is fundamental to the rule of law. Among the fundamental rights of everyone accused of the crime is the right of due process. The due process clause protects the accused against convey except upon proof beyond a reasonable doubt of every fact necessary to constitute the crime with which he or she is charged. Trump was denied notice of the charges, meaningful opportunities to respond,

and proof of all elements. So I'm going to tell you right now, ladies and gentlemen, this, this conviction of Trump will be overthrown. And the only question is how long will it take before it happened. So that's that's where we are right now. Also this you might as well, you know, remember after when Biden had that fresh conference after Trump's was found guilty. Well, that sly grin Biden made after the Manhattan jury re wrongfully

convicted Donald Trump recently tells us all that we need to know. Biden and this cronies were involved in a conspiracy to convict Donald Trump for a yet unknown crime, and the media claims it was hush money payments to Stormy Daniels witch doing so. As we all know by now, it's not a crime. But that was no impediment for the jury to find Trump guilty. And so now we Americans wait for what's next. Will the US Supreme Court step in

and step in and throw that guilty verdict out? Will the New York Appeals Court reverse Trump's conviction due to its miscarriage of justice and the judge's prejudicial rulings. Will the conviction be thrown out quickly or will it drag on for years? Will Judge Mershan put Donald Trump in jail on July the eleventh when Trump appears for sentencing if it turns out to be proven what many believe was really a planned conspiracy to indict in convict Trump unlawfully. But who will now be

held accountable? Who will be held accountable? I don't know. I guess the judge, the judge, and the prosecutors will be one of these days, ladies and gentlemen, that was a rigged deal. We've entered a new strange period in American political law. Fair that sly Grinn Biden gave before he left the room during a press conference after announcing Trump's conviction tells us all we

need to know. The entire trial and conviction of Donald Trump was a planned conspiracy, carried out by an evil plan coordinated by the Biden administration and the Manhattan Prosecuting Attorney's Office, and financed mostly most likely by George Saurows. You remember that guy, don't you? To misuse the US justice system for injustice and criminal activity, That's what they're doing. That's what they did. There was the need for an eleventh hour event for justice to prevail. The time

is at hand. It's at hand right now. With everything in chaos, we are reduced to mere spectators in the decline and fall of our own country, not so much from a foreign foe as much as from the betrayal of our own crooked president Joe Biden, and the insurgency from within. As we await justice to play out and rescue the situation, Biden gets on the radio and he blames Trump for all the problems, all the problems the country's having.

He's even blaming Trump for the chaos, all the chaos that's going on along the border for which Biden bears all the responsibility. Yet last week, Crooked Joe Biden came out tries to convince the American people that the problem with the border between US and Mexico is Trump's fault. President Joe Biden is a crooked, old ret robate and is responsible for all the ills befalling the American people, yet as yet has the audacity to blame Donald Trump and the Republicans

in Congress. Biden is delusional. He's delusional if he thinks we the people are going to believe in him. Biden then announces his plan to limit illegal immigration into the United States. Here's how he's going to do it. He's

going to allow two million illegals per year to come across the border. In other words, Biden is opening still going to open the Door's opening the door to the United States, just like he was before he made his edict, only he's going to just limit the flow of the illegals to two million per

year. That's that's how he's going to stop illegal immigration. Excuse me, now, that doesn't sound like a limitation to be All I can say is that Donald Trump better have good enough lawyers to keep him out of jail, and better better be better positioned to take control of the US presidency once again. Obviously Biden has to be fired and Trump rehired to run the country until we amend and repair how much damage Biden has brought to bear on the people

of the United States. And because we don't, if we don't soon regain control, we're in a physition to lose everything that we have. I'm not sure how all this is going to come, all this will happen, how it will come, how it might come to I hope it does, but I know it has to because if it doesn't end soon, we may find

ourselves in a new civil war. I'm not kidding up between the North and the South, as much as a war to defeat the attempted communists takeover now occurring in the United States, because to many, it appears that the Communist Party has infiltrated the Democrat Party in the United States and is attempting to overthrow constitutional government here, and they're doing it through a stealth political conspiracy, a downfall from within, to bring an end to liberty and justice for all,

for all of us, all the American people. This isn't herbly on my part. I see what's happening, and I recognize it as as it's a direct threat to our way of life here in the United States and the present situation really in trudy ladies and chef wentlemen. It is unacceptable, and I think any fair minded person would would come to realize that that what's going on is just uh, just the stealth takeover to overthrow the United States government.

That's exactly what's what's going on in my opinion, and that's not hyperbly on my part either. Meantime, Hunter Biden, the President's son, he remains on trial in Delaware. I wonder how that's going to turn out. Yeah, he is on trial on gun charges for illegally owning a fire arm while using drugs. What a mess. What a mess that guy has got himself into. His defense is that he had recently come out of rehab and wasn't using drugs at the time of the drug purchase. We'll be back right after

this. We're just trying to turn that in 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? We're just trying to turn a nickel into a dime. That's the bottom line. Welcome back, ladies and gentlemen you're listening to. That's the bottom line. Your weekly report on k LVII that tells it like it is. This is Gene Dalerani reporting and we sure do have a lot to report about this week.

And now it's time for what we call the dirty little secret. I want you to pay attention to what I'm going to tell you in the next several minutes. A small event occurred this past week along the Texas border with Mexico. Two illegals attempting to slip into Texas from Mexico were apprehended by Texas authorities. They were booked and sent back to Mexico. Now imagine that. Well, the big news here is that Texas Governor Greg Abbott is successfully securing the

Texas border. He's doing it despite Biden, despite Biden's effort otherwise, and while Texas has put up more fence a law with more barbed wire, independent of the Biden administration, ill legal entry has now shifted away from Texas to Arizona, California, and New Mexico, and with the capture of only two illegals who were immediately returned to Mexico, Texas alone has shown, under the leadership of Governor Abbott and immpressive ability to stem the tide of illegal entry.

Biden's announcement of limiting illegal crossings this past Wednesday to twenty five one hundred per day. That yeah, that's how Biden wants to control it. In case you missed it, Biden wants to control the border, and he wants to in his way of controlling the border is to limit illegal crossings to twenty five hundred illegals per day. To come across it is to come across the border.

So actually securing it is only so much talks. Since illegal border crossings are now averaging fifteen hundred illegals per day currently, so he wants to he said he's going to limit it down to twenty five hundred. It's well so it's all it's fifteen hundred, now, so how's it going to he goes down to twenty five hundred. He's not doing anything, is he? He's increasing it now if you ask me, Biden's directive will not change anything.

In fact, while claiming to have cracked down on illegal border crossings, the only thing Biden's new directive does will actually increase the number of the illegals streaming into the United States. So while the corrupt American news media will portray Biden is getting tough on illegals entering the United States, it does no such thing. It's smoking mirrors and shows a total disregard for the health and safety of

the American people by the corrupt Biden administration. Another report this past week suggests that Biden's mental capacity is continuing to decline and making his judgment and leading our nation as president less effective. Well, we didn't need We already knew that anyhow, didn't we. And he's over in France. He arrived in France on Wednesday to attend the June sixth D Day ceremonies, and Biden was immediately when he got there, he was immediately rushed off to his hotel room because

he needed more rest and sleep. In meantime, last week, lawmakers holding congressional hearings were questioning Attorney General Merrick Garland again over a number of issues,

including the mental deterioration of President Biden. Lawmakers are seeking the audio recordings of Biden's interview with Special Counsel Robert Herr when Biden was interviewed for having illegally stored copies of US secret documents from when he was a senator and also during his tenures Obama's vice president, and specifically how Biden allegedly could not answer questions when he was questioned by the special prosecutor Robert Herr, and he remained so confused

during that interview that her decided that Biden's mental competency is too weak, was too weak, So Biden should be excused for his illegal storage of classified documents. Yeah, so that you remember, and all that came about that, and he got off the hook that way, right because he was mentally incomfident. Well, they didn't charge him, did they. But now what the

congressman want. You know, they have copies of the written report and they were pressing Attorney General Garland for the audio recordings of Biden's interview as well. You know, they want to measure Biden's mental competency. But as expected, Attorney General Garland became angry and refused to accommodate members of the committee who are requesting the tapes. Garland's defense of Biden's mental capacity came forth angrily during his

testimony. He just gets mad when they ask him to do what he's supposed to do. Attorney General Merrick Garland was also approached by lawmakers for an explanation as to why one of Trump's prosecutors during trump so called recent hush money trial in New York was sent from the Attorney General's office in New York. Why why, mister, they asked him, why did you send one of your

associates to cover that trial in New York? Right? You know the lead prosecutor against Trump in that trial was in that that and was coordinated from within the Biden White House. Well, that wasn't supposed to have be happening that way. Right. You got got federal prosecutors, you got state prosecutors. But what they're doing is they're just co mingling everything in their zeal to try to get well they've already got Trump convicted. Of course, it's false,

false conviction. July the eleventh, He's going to go in there and they're going to tell them what his sentence is. Upon being questioned, Garland himself was visibly anger during the questioning. He was refusing to co operate with GOP

lawmakers see making answers. So as the mind administration continues its law fair as part of its strategy against Trump for the upcoming twenty twenty four presidential race, there's been little forthcoming as to how the Democrats use the corps to illegally convict Trump and will now be trying to use the trial to try and diminish Trump's presidential campaign. That's really what they want to do. They want to diminish

his campaign. And while speculation presumes that Trump's conviction will eventually be overturned, the Manhattan trial has impeded Trump's campaign to regain the presidency with the possibility Manhattan Judge Jan Marshawn may sentence Trump to jail when sentencing is held on July the eleventh. So now I guess the betting odds are that maybe they're going to put Trump in jail on July the eleventh. We don't know that for sure. Others are saying that he may get on parole or something like that.

I don't know what's going to happen, but seriously, it's none of this should be happening, and that, of course, all this remains to be seen. And if Trump's able to appeal last week's verdict and have the case against him thrown out by a higher court or perhaps even the US Supreme Court, I guess then everything ends and we live happily ever after. So now the battle is going to be whether Trump gets to appeal, and when does

he get to appeal, and what happens during the appeal's process. So I guess we're just all going to have to wait and see see what happens next. This has really been a chapter in the life of the United States of America, and we're watching this slow demise back after this. We're just trying

to turn a next in a dime. That's the bottom line. This is Gene 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 crunch 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 a nickel into a dime. That's the bottom line. Welcome back, ladies and

gentlemen. You're listening to That's the bottom Line, your weekly report on KLBI that tells it like it is, and I want to remind you you can listen to this report online by logging onto That's the bottom Line radio show, or you can find it if you log on to savemiretirement dot com and if you go to savem retirement dot com you can find out a lot about Asset Growth Associates and the work that we do for our clients in investing and preparing

themselves, helping them prepare themselves for the future by making some money for those future days, those retirement years. Building a portfolio then that can meet retirement income needs. It needs. It needs money. You need to be able to set that money aside and not have all the difficulties of an up and down market along the way. Today, avoiding investment risk is more complicated than

it ever has been before. Simply relying on an employer's pension plan antage assets and provide steady streams of income throughout your retirement years may not be enough.

Some people rely on their own knowledge or or solely on the financial professionals they work with to help build and grow a nest egg, and that's really what we do at Asset Growth Associates. We help our clients set some money aside in the here and now to let it grow so it's there in the future and you don't and not be exposed to losing it all because of the ups

and downs of the stock market. Some people rely on their own knowledge or solely on the as I said, the knowledge of professionals like us that work with us. Well, most Americans you know, live in the here now too. Many have a hard time analyzing the day to day political or world events, which always impact the financial markets, either in a positive way or a negative way. It's the negative that's necessary to defend against to avoid being

exposed to financial losses. Different people are comfortable with different levels of risk, but the vast majority, vast majority of retired people are soon to be retired

Americans are not comfortable with risking their financial principle. At Asset Growth Associates, we work with our clients to help them find the financial products that match the levels of risk they're comfortable with, and more than sixty percent of recent participants in the retirement survey tell us they would most be interested in plans guaranteed to

both grow and generate income which cannot be outlived. So trust me when I say there's no perfect plan, but depending on individual needs, some are just better than others. And a lot of what we do here at Asset Growth Associates is in the league of better than most. I'm telling you that right

now. Plans guaranteed not to lose money during a market downturn, yet able to produce returns when the market is doing well, and then adding those gains to the principle provide an alternative form of setting funds aside to grow for future use as well as current income. And Asset Growth Associates we offer all forms of financial planning and we're not limited in how funds can be deployed and put to work. We do promote some funds being set aside in what we call

principal protection accounts to prevent financial loss associated with market investments. We invite our listeners to give us a call, call us, schedule a time to visit with us at our one of our offices for a sit down, appointment and review of a current portfolio that you may be using and let us look at it and put it through a risk assessment. You know you can do that free of charge. Our phone number in Beaumont, Texas is four to oh

nine eighty four oh sixty nine hundred. Like I often say, if you live in far away places, you can call us long distance without paying a long distance call one eight sixty six seven two eight three six nine seven. You have hard time remembering that number. Just one eight sixty six save my retirement. That works too. You know, at the moment, no one knows how to defend against the financial chaos that's engendered by the Biden administration is

four nine eight four oh sixty nine hundred. The toll free number one eight six six seven two eight three six nine seven. Call us learn more about the work we do for our clients and helping them preserve their nest eggs, because that's what we really do, and we're not on the radio. The sooner you set a plan into motion, the better off you're going to be in preserving your nest egg for the future. And that's really the bottom line,

ladies and gentlemen, that's really the bottom line. Lases and gentlemen. We can help you, We can help with your investments, and we can help with your retirement planning and preserving and growing your nest egg, because that's what we do for a living when we're not on the radio. Our phone numbers once again, four oh nine eight four oh sixty nine hundred or one eight six six seven two eight three six nine seven, be right back.

Where'd just trying to turn a neckline. That's the bottom line. Where'd just trying to turn a neckline? That's the bottom line. Welcome buck, ladies and gentlemen. You're listening to that's the bottom line. You're weekly broadcast on KLVI. That tells it like it is. What we do when we're not on the radio, ladies and gentlemen, is help our clients grow their nest

eggs. And if you're growing anest egg or trying to save some money, or want to get into an investment program or preserve an investment program, you should call us. You should call us at four oh nine eight four sixty nine one hundred are toll free one eight six six seven two eight three six nine seven. Investing money now for future use makes sense if you've already grown a nest egg and hope to retire with your nest egg intact and still growing

or using those funds for income. Now's the time to call us at Asset Growth Associates because that's what we do for a living, and we can be reached by telephone by dialing once again four O nine eight four oh sixty nine one hundred or toll free one eight six six seven two eight three six nine seven. Nows the time to complete the plan for you and your family's future, and you do that by calling us an Asset Growth Associates because we can

help you invest money. We can also help you to risk out of investing money, because that's what we really do for a living. Well, here it is the clock on the wall, as it always does, gets to the point where we have to sign off for until our next date. You can listen to this show Saturdays at six in the morning and Sundays at eleven in the morning on k l v I five sixty am in Beaumont, Texas.

So we hope you join us in the meantime. Let me sign off by saying, God bless you, God bless your families, God bless freedom loving Americans everywhere. We're living in difficult times, ladies and gentlemen, and we need all the blessings of heaven that the Good Lord is willing to bestow upon us so that we can survive so many obstacles that are occurring at this present time in our history. Once again, God bless you, God bless your families. We'll be back next week, same time, same station,

or any time on the internet by dialing savemretirement dot com. We'll see you then. So long they're not, that's the bottom line. You can reach asset growth Associates by calling one eight six six seven to eight thirty six ninety seven are by visiting savemretirement dot com.

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