That's The Bottom Line 07/27/24

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 and 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 decades now. Our Texas offices also provide services for our clients in Southwest Louisiana and

Northwest Louisiana as well. Listen, when we're not on the radio, we work with our clients to help them achieve their investment goals. On today's report, the Democrat hierarchy, that's the big shots, the ones that run the run the party gave Joe Biden his walking papers last week, provided Kamala Harris enough points to secure her nomination as president on the Democrat ticket. We're going to get into that a

little bit this morning, tell you all about it. Today's a dirty little secret comes from the from Israel where Israel Prime Minister Benjamin Netting, who addressed a joint session of Congress this week. He came here to the United States. He addressed our Congress. The Democrats walked out on end and fuse to attend, but he made his point and seeking help from the United States. And Today's Solutions segment, as always, will provide legitimate investment strategies to help individuals

grow their accounts without fear of losing money. And there's no risk. When you hear us talk about principal protection accounts, you don't lose any money based on a market downturn. Now, if you haven't filed your tax returns yet, you're probably late, and if you haven't filed them in a few years, you really are late. But we can help you. Tax laws are complicated, they can be complex, and we help with all types of 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 why either Savenretirement dot com or what is my risk number dot Com? Answer a brief number of questions on our computerized program will assign you a risk number between one and ninety nine and show you if you're actually investing according to your own individual risk colors. Listen, it's a free service that we offered, So why not log on to savemyretirement dot Com? Do it today? And while you're there, why not sign up for our free

newsletter which offers a lot of tax and investment tips. Well, listen, I've got a lot to cover here this morning, so let's get started once again. This is yours truly. Jean Valerani reporting. The Democrat hierarchy sent Joe Biden's walking papers last week, moving Kamala Harris into positioning herself to run for the presidency of the United States on the Democrat ticket. Now there's a movement underway within the Democrat Party to

seek a new primary and remove her from contention. So she walked into you know, the accidental presidency, you might say. But it's not going to be that easy for her because a lot of Democrats aren't too excited about her being being their nominee. But for all intents and purposes, President Joe Biden is that he's still in office right now,

but he will leave after the November election. So will Kamala Will she be removed also, or will she end up being the next president of the United States or will Donald Trump the defeat the Democrat hierarchy has to either support her or try to throw her out. And if they throw her out, they've got to do it fast quickly. So we we still don't know for sure what the Democrats will present as their candidate to run against Donald Trump. We don't know for sure if they're

gonna stick with Kamala or not. The Democrat presidential convention is scheduled to begin August nineteenth in Chicago, Illinois. So will the Democrat support Kama or will they force her out and replace her with another candidate. Meantime, the Trump campaign is steaming ahead, Ladies and gentlemen. When asked about facing Kamala, Trump said Kamala Harris will be easier to

defeat than Biden. As for Biden, Trump added, he was not fit to run for president of the United States, and so that brings up the question how long will it be before Kamala Harris the accidental candidate for president? Actually how long will she will she last? If the Democrat hierarchy pushes her off the ticket, either before or at their upcoming convention, it will be the shortest presidential

campaign on record. And the Democrat hierarchy felt Joe Biden didn't have a chance to succeed in winning a second term over Trump this time around, So how will the same Democrats feel about Kambala Harris at the top of their ticket. Early poll suggests Kamala will have a very short honeymoon if she has one. At all for her presidential campaign, as the Democrat Party remains very disinterested in

supporting her. Realistically, even if they push her out, it will be hard for Democrats to find an acceptable replacement. There's little doubt Democrats succeeded in convincing Biden to step aside, despite his ongoing refusal to do so. He doesn't want to leave the presidency never had it so good, and his fellow Democrats they had to offer them something in return for stepping down, But so far, no one really knows what terms Biden accepted for agreeing to drop out

of the race. Right So, depending on which way the political wind is blowing within the hierarchy of the Democrat Party will determine whether or not the Democrats will take a chance with Kamala or if they pursue another nominee to step in with the face off against Donald Trump. They just don't know. We don't know either for sure. No Democrat will have the ability to defeat a comeback from Trump. See, that's the thing. No matter who they nominate,

it's going to be hard to beat Trump. As has been said time and time again in the words of James Carville, it's the economy stupid, and that's just the way it is this year. For sure, American voters will have more confidence in Trump correcting the US comedy economy than they will than they will remember their own party than any Democrat this time around. Now I could be wrong, but inflation destroying the buying power of the American family budget.

You know that the pain is being felt everywhere. You know it, and I know it. Trump probably did win in twenty twenty that was the last election, but was cheated out of the victory that would have boosted the US economy back into life following the COVID pandemic four years ago. That it was the COVID pandemic that bought the time for Democrats to get by with stealing an election that put Biden in power, and it took the Democrats too long to realize their pick for a winner

in twenty twenty wasn't going to work for them. You know, this time around, Trump's come back It's gonna is gonna override any short term uptick in Kamala Harris's ability to seek the presidency in twenty twenty four. So we'll just have to wake this one out for a little while. There's going to be a lot more going on. We don't know for sure if she's They say she's got the votes to seize the seize the Democrat the ticket

to be the presidential nominee for the Democrats. So I guess we're gonna find out here because their convention is going to start here in a couple of weeks. It's necessary too, because if the country continues on the path the Democrats are attempting to lead the American people down

down the road with, well, it just won't work. The pandemic proved people depend on a vibrant economy to get by, and the push for electric cars and allowing the overwhelming invasion of illegal immigrants has damage of the Democrat standard too much during an economic downturn for them to win again in twenty twenty four. Pushing pushing pie in the sky nonsense during bad economic times just won't work, and Joe Biden and his overlords were just too dumb to

recognize it. And now they're starting to pay pay the price. So the Democrat Party right now, they're in a lot of trouble and no matter who they who they put up, it's gonna seem as it's gonna be a little bit difficult for them to come in and take to take the presidency. I've got a lot to cover here this morning. I put you to stay tuned, don't go away, because we'll be back right after these messages.

Vice President Kamma Harris, citing high crimes and misdemeanors. That didn't take long, did it anyhow, Ogle's explained in The Daily in his charges there and told the news media that he believes.

and she must be impeached. Her breathtaking incompetence as borders are has allowed a crisis of drugs, rape, and murder to flood the streets of America, Ogels told the media after introducing the articles of impeachment against certain so On June the twenty seventh, Trump and Biden squared off in their first debate in Atlanta, in which was followed by an avalanche of calls for Biden to step down amid his performance, which was very, very bad if you watched it.

Biden has since stepped down as the nominee, while power players within the Democrat Party, including Nancy Pelosi and Senate the Majority Leader Chuck Schumernhause Minority Leader Hakeem Jeffries have call esked around Harris in a matter of days, but now they want to They want to bring charges against her going in pretty early, so I guess it never ends.

Why can't we be friends? Right? Remember that song Joe Biden out and Kamala Harris is in, or maybe not as easily as the Democrat hierarchy gave Joe Biden is walking papers. They're probably already plotting and planning to replace Kamala as well. So the real question is how will

they do it? And secondly, who will they anoint to run for President of the United States on the Democrat ticket or maybe the people really running the Democrat Party do want Kamala not because she has leadership qualities, but more that she'll do what she's told to do. My opinion watching the Democrat Party for decades now is that Today's Democrat Party is no longer your grandfather's Democrat Party.

It's been taken over by the radical left, has been more with which it has more in common with China's Jiji Ping or North Korea's Kim Jong un than it does an American political party. Today's Democrat Party in the United States claims it's for America's middle and working classes. If that was true, then why does the Democrat hierarchy push for more foreign labor over the US labor market in the manufacturing trades? Why? Why did they Why did

they want all the jobs to go overseas? Week four last I saw several trade union representatives speaking at the Republican Convention, many of whom were among the early converts to Donald Trump's philosophy of increasing and growing America's middle

class instead of shrinking it. The illiberate hordes from south of the border and from as far away as China and other Asian countries as testament ladies and gentlemen testament to the fact Today's Democrat Party sees its mission to diminishing the American middle class altogether had transformed the United States into a two class society of the haves and

the have nots. That's what they're trying to do. If you remember of the American middle class, they want to squeeze you out, and they want to squeeze your family out too. You know, there's an old saying that goes something like this, tell me who you go with, and I'll tell you what you are, brick by brick. Today's modern democrat middle class is being dismantled and being destroyed, not so much by foreign competition, but rather from the enemies within. Than being done on the on the on

the purpose, they're doing it on purpose. Cheap foreign labor and far away places is shrinking the once powerful American But in the manufacturing you know, big big manufacturing centers in this country, such as used to be Detroit, Michigan, Pittsburgh, Pennsylvania, and other communities as well. In in today's are they're all this left is the rust belt. Those big those big cities are now the rust belt. They're all in the rust belt. That rust belt is just full of crime,

no work, and life is not thriving. The driving force behind all this, of course, is greed. You know it. Cheap foreign labor makes it easier to build a more reliable force of foreign workers, not only in those countries overseas, but also by importing that cheap labor here into the United States as well. A few months ago, the United States Steel Corporation was sold to a Japanese steel company. You remember that, and the US government, of course, is

still attempting to prevent the sale from being consummated. But nonetheless, such sales are underway as the once powerful American industrial might continues to decline into the growing American rust belt. That rust belt's getting pretty rusty. It's been rusting now for several decades longer than that. Even. Yes, this is gloom and doom and is very depressing to listen to.

Yet it continues, and we as Americans must come to terms with it, because if we don't, it will continue to be the contribute to the decline of the United States of America, and we too will find our society, like so many others, left on the scrap heap of history, instead of being that shining city on a hill, as former President Ronald Reagan wants described the United States of America.

Right now, at this very moment, we have the opportunity to stop the decline and reverse our American way of life back into one of greatness and abundant freedom, to pursue limitless opportunities in health, science and other indestructible growth, with limitless opportunities for all mankind. But first we have to stop up the decline of our once great nation and begin the process of turning it around and back into the real journey of freedom and opportunity and justice

for all. Such a lofty goal cannot be accomplished by small minded, selfish politicians who see only to fill their pockets with gains that do not belong to them. They got I guess they got their hands in your pocket too. Ladies and gentlemen, do you have a goal? Are you setting money aside for specific things like children's education or

being able to retire comfortably? If those of wild swings up and down on Wall Street have you slightly or even moderately concerned, call us four oh nine eight four oh sixty nine hundred, give us a ring, and we will help you solve that problem. Be back right after.

is my risk number? Dot com?

theological conversation, but because it was so simple. The conversation was about the existence of God. I don't recall what started the conversation, but I remember that the quiet and thoughtful answer the old preacher gave me was it was pretty interesting. He said that, I'm quoting him. The proof that there is a God is the existence of the nation of Israel. Now let me say that again, the proof that there is a God is the country of Israel.

That it still exists, that Israel exists and has come back from near annihilation at the hands of Nazi Germany and other countries over the centuries. Should all serve as Christians to believe that God truly does exist. God chose to reveal himself through Jesus Christ, and if we know Jesus, then we also also are able to know God. I'm far from being a preacher or like many who can quote Scripture, chapter and verse, but what that old preacher said to me decades ago still holds true for me today.

Without repeating everything the Bible tells us, we all know how the children of Israel came up out of slavery in Egypt. And from those days of so long ago, we know that every nation that has rose against Israel no longer exists or has tasted defeat at the hands of either Israel or ISRAELI allies despite so many attempts

to have Israel destroyed, it still exists. From its enemies of ancient times, such as when the Jews were taken as slaves by the Egyptians, through and including the Roman Empire all the way to Nazi Germany, where Hitler attempted to extinguish the Jews. They still exist, as does Christianity, which came to us through Jesus and of course Judy is As the old preacher said, the fact that Israel still exists should serve alone to all mankind that God

does truly exists. The last week, as you probably may have picked up on the news broadcast, Benjamin Netton now who he's the Prime Minister of Israel, he gave a speech. He came here to the United States, and he gave a speech to the Congress of the United States, and

as always made front page news. Prime Minister Benjamin net nauhu It was back in Washington, d C. Seeking help from the United States in aid for his country to recover from last year's brutal assault on the Jews during the holiday gathering there where thousands of Jews, men, women and children taken prisoner, women were raped, children murdered and

savage and inhuman ways to disgusting. It's just too disgusting to even describe by hamas meeting more usaid meant now, who is back in the United States hoping to get some more aid from the American people. At the forefront against Israel are many Democrat members of the US House and Senate, and President Biden himself, oh, for the most part,

has found nearly going. You know Biden right now, he's merely an outgoing lame duck, isn't he While he's Vice president, Kamala Harris is seeking to be elected president and who has been endorsed by Joe Biden. Of course, Biden is still president, and any negotiations for more aid Israel would

have to make it through the Democrat resistance. Even if Biden would want to help Israel, which which doesn't seem very likely at the moment in time that he does, so, it's going to be a tough enough to crack, as they say, as Biden himself has told Israeli leaders to withdraw from the Gaza Strip from where the plot against Israel was launched last October. So called Gaza Strip remains a wasteland where most other parts of the country have

been literally destroyed. Israel needs a steady supply of arms, intelligence, diplomatic support, and international forms and outright military support to defeat their enemies, both in the Gaza Strip as well as other anti Israeli factions in that part of the world. At the moment, things look pretty bad for the Israelis as many Democrats in the US House are Muslims. So now who faces a delicate balancing act in his attempt to get more support from the waning days of the

Biden administration. But should receive warm support from both House and Senate Republicans. But he's not going to get any support. He's not going to get enough support, i should say, from the Democrats. You know, we share a lot of ideas with you on this weekly report, ladies and gentlemen, But one thing for certain is that the plans we have available and asset Growth Associates include principal protection accounts.

They've probably heard me use that term for decades. These are plans that are linked to the financial markets, like the S five hundred and nasdak et cetera, et cetera. But unlike plans with direct market participation, these plans are linked indirectly and pay out their earnings based on the performance of the financial markets, but only in the gains and neverthe losses. Now, this means when money is made, it's added to the account without ever being exposed to

loss caused by a downturn on Wall Street. Now that's a that's a remarkable thing, ladies and gentlemen. It really is a remarkable thing when you stop and you think about it. So the point of it is, you know, call us soon at Asset Growth Associates. Give us a ring four O nine eight four oh sixty nine hundred. Have a toll free number for those of you who live in far away places on eight six six seven two eight three six ninety seven. Or you can always log on to that old computer log on to Save

my Retirement dot com and reach us that way. Why don't you do it soon so that we can help you save your retirement and get through some of these troubled financial times that we're in. Okay, let's do it so the next time that you want to do something that it'll help you boost your your investment strategy. I would invite all of you to log on to save my retirement dot com and look in to find out more about us an Asset Growth Associates and the work that we do for our clients. Cz Just log on

to Save my retirement dot com. You'll learn a lot about us and that'll help.

On January first, twenty twenty three, the Federal Reserve set a new low reserve 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 at 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.

it is that we do. And ask at Growth Associates and listen carefully, Because no matter what many investors thought were good bets buying the stocks of some communist Chinese companies. A new realization has once again shown its face, proving that when dealing with communist China, it's definitely buyers beware. China is ruled by the iron fist of communism, and for a while it appeared is if there could be a measure of coexistence between capitalism and communism and China.

But the enemies of freedom in China have now reminded their captives countrymen that the rest of the world, as far as that goes, that under communism, the government has total control of the financial markets, and mister Xijiping or however the premier premier pronounces his name, has decided he's no longer going to play the role of mister Weissky.

Beijing's crack down on Chinese sperms is growing by the day, and the communist regime there has decided to tighten it strip on businesses operating in China, clamping down on free enterprise as something the Democrats are also doing in the United States. They're pushing for that here too, in the good old USA, right because like their communist pals in China, they're not in favor of our American free enterprise system. That's sad, but it's true. This is why it asset

growth Associates. When appropriate, we often incorporate a measure of principal protection into a client's overall portfolio and putting a program together for them. Now, whether it's home grown principal protection into a client's overall portfolio or and talking to the investors seeking growth often need. What we need to do is build safety nets in the plan to achieve a planned financial outcome. Now Here in the United States, we're entering one of those periods of tax and spend

right That's where we're at right now. And if the Democrats get in God forbid that, you know it's going to be more tax and spend, which often rattles the financial markets that can do damage to individual investment accounts and even set back your far one K plans. This is why we often incorporate Listen to me carefully. This is why you hear us talk about principal protection and why we often incorporate principal protection into the planning process.

Because retirement is really all about not running out of income during those supposed golden years during our working years, contributions to pensions in for one ks we make those We make those contributions usually from a paycheck, and you know that we feel like doing so is buying buying stocks on a discount. That after retirement, the funds providing

retirement income need to be protected. Right, you've accumulated a nest egg, You've had some appreciation, also had some disappointments, and you may have gone through period where you've been playing catch up just to get back to where you were. I want you to know that money in a principal protection account, like the ones we offer bet our work here at Asset Growth Associates, do not lose value during

the market downturn. This means there's never a long wait to get back to where the financial markets were when there is a big downturn. And you know, we've been having one downturn after another here ever since Biden's been in office. In principal protection, there's never a loss to make up for because money's never lost during a market decline. It's that easy. These specialized accounts do not lose value. They may not make anything during a downturn, but they

don't lose value. And face it, ladies and gentlemen, the liquidation of a net n egg after retirement may not last as long as the retiree does, and this is why upper planning prevents poor performance. Now, if you want to learn more about the work we do at Asset Growth Associates, we invite interested parties to call us. Call us. There's no obligation to come in and visit with us and learn more about the work that we do. Come in, sit down, talk to us. We'll listen to what you're

trying to achieve. We'll share some ideas with you that have helped others and will help you put a plan together so that you can make some money and that you will have a predictable outcome on your on your investments, and do it based on your own risk tolerance. Some people can take a lot of risk and it doesn't rattle them, and other people can't take any risk at all. So number to reach us four nine eight four oh sixty nine hundred or our toll free line one eight

six six seven two eight three six ninety seven. You can also reach us online that saved my retirement dot com. Do it today. You'll be glad that you do.

these reports anytime you want on the internet. The plans that we offer and make available Asset Growth Associates include principal protection accounts plans linked to the financial markets, but unlike plans with direct market participation, these plans are linked indirectly and pay out their earnings based on the performance of the financial markets, but only in the games, never participating in the losses. That's all you can do is

make money. Each can't lose any money. This means when money is made, it's added to the account without ever being exposed to losses caused by downturns on Wall Street. Now, I'd like you to look into this and look into it with us, so I'm not call for an appointment today. Come in and talk to us the phone number in Beaumont pour oh nine area code is eighty four oh sixty nine hundred. For those of you who live in far away places, toll free one eight sixty six seven

two eight three six nine seven. Come in visit with us. We'll share some ideas with you that have helped others in the past. Yes, and you can help will help you build a nice portfolio that will help you in the future years whenever you don't want to be sitting around worrying about money. You know what I'm talking about. Worrying period is bad. There's so many things to worry about.

And if we can help you build a nest egg and tell you that your nest egg is secure and you're not going to run out of money, that's one less thing for you to worry about. And trust me, that's that's a big thing too. You don't want to run out of money in an advanced age, and especially if you're having worried about seeing steeing a doctor all the time. That's really I'm glad they're there. I'm glad the old docs are there to help you. But of the same token, you know, it's better if you don't

have to go worry about your health, isn't it. Well, that's about all the time we have for today's report. I hope you found it worth the time that you took to listen to it. Don't forget the tune next week and tune in again anytime you want. On the bide logging on to Save my retirement dot com. God bless you, God bless your families, and God bless freedom loving Americans everywhere, because we sure do need the blessings of heaven in this day and age. Be back next week.