That's The Bottom Line 12/14/24

partner at Asset Growth of Celsius. 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. Hey, we do it all at Asset Growth Associates, including representing our clients who may be having difficulty with the irs, often being able to negotiate a settlement, and occasionally even paying nothing at all,

sometimes negotiating a fresh start as well. As I say, we do it all. We've been serving our clients in Texas and Louisiana for decades now. On today's report, among our topics, we have some comments about two young twenty six year old Americans. The first a man of modest means and a US Marine who saved lives on a New York subway train, and another twenty six year old from wealth and privilege who killed a healthcare executive in cold blood. A tale of true Americans, one a hero,

the other a murderer. Our second segment visits the subject of natural born citizenship and why just being born in the United States entitles someone to citizenship. President Trump says he wants to change that. Today's Dirty Little Secret has commentary of why people live in houses should never be throwing rocks, and Today's Solutions segment offers insight into why it's necessary to plan for your financial future and to do it in a way that limits risks and guarantees results.

And listen, ladies and gentlemen, Tax season comes right right after the first of the year. You know that we can help you with all types of tax returns and when it comes to investing money for future use, we do that too. So why don't you find out about what we do by logging onto either savemy Retirement dot com or what is My Risk Number dot com. You can answer a brief number of questions. The computer program will assign you an investment risk number between one and

ninety nine. It will show you if you're currently investing according to your risk tolerance. Listen, 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 our free newsletter which offers a lot of tax and investment tips. Well, listen, I've got a lot to cover. Let's get started once again. This is Geene Valerani reporting. Okay, I'm going to start today's report of

something you've probably have been hearing about all week. Two young Americans made the news this past week, twenty six year old Luigi Mangione and this twenty six year old Daniel Penny. Daniel Penny, a recently discharged US marine, was put on trial in New York City for essentially being a hero on the subway there when he put a man in a troke cold who was threatening passengers. The story's interesting from the standpoint of two young Americans, both

twenty six years old. The marine was put on trial when the subway assailant, high on drugs and threatening passengers, succumbed to the marine's choke hold and died. The other, twenty six year old, Luigi Mangioni, allegedly shot a healthcare executive in cold blood in the back. Who killed him? All right? These are the two twenty six year olds. Daniel Penny. The marine was put on trial in New York and thankfully was acquitted by the jury and set free.

Luigi Mangioni was arrested in Altoona, Pennsylvania. He had got out of New York after he had committed a murder there. They found him in a McDonald's restaurant when a worker saw a picture of him on television and called the police. Two young men the same age won the son of upscale, well to do parents, Louis Mangione. He was a college graduate.

He murdered the insurance executive in cold blood with a handmade pistol and the other, a twenty six year old from a family of modest means, having served a hitch in the Marine Corps, has returned for military service and

just now began his studies to become an architect. How ironic is it that the system was so quick to put the US Marine sergeant on trial for stopping a would be assailant, while the other twenty six year old, mister Mangoni, felt he was above the law, or more correctly, able to outsmart the law to the point of allegedly committing murder. As to the Manhattan District Attorney, Melvin Bragg, I know we've been hearing that name for years now. Well,

Melvin Bragg, he's the district attorney in Manhattan. He had Daniel Penny, the Marine, put on trial for preventing the late Jordan Meely from robbing passengers on a Manhattan subway train. There must be a a bizarre decision that makes no sense to me. You put the hero on trial for causing the death of an assailant and the process of robbing subway passengers shows the prosecutor to be the enemy of the people rather than someone who upholds the law

by protecting the people. Quite a dichotomy, there isn't it. If anything, we need more Daniel Penny's in the world than Melvin Braggs and Jordan Neely's. Jordan Eelys he was the fellow that was robbing people on the train. Now, it would seem to me that Daniel Pettiam Marine, who puts his strength to work for those two afraid or unable to fight for themselves, he should never have been put on trial for intervening on that subway to stop

passengers from being robbed by a drug crazed assailant. Thankfully, the jury felt the same way and they found Penny innocent. But unfortunately, Daniel Penny still faces legal jeopardy and the father of the man Penny choked on the train is throwing him and has raised millions of dollars in legal defense funds to use against the marine hero. As William mcgern of The Wallstree Journal wrote last week, and I'm quoting him, there's a common misconception that marines don't get scared,

said mister Penny. And one of our core values is courage encourages not the absence of fear, but how you handle fear. Penny admits he was scared, but when he looked around, he saw the assailant yelling in the faces of women and children, and Penny said that point he

could no longer just sit there. Using his military training, mister Penny leapt into action brought the assailant down, holding him in a choke hold, causing the drug induced to stalen to succumb from the drugs, not from the choke hold. Little question, Penny did the right thing. Not so Luigi Mangioni, who is going to be sent back to Manhattan to stand trial for the murder of Brian Thompson. United Healthcare

chief executive officer. Mangoni's been taken into custody after a McDonald's customer in Altoona, Pennsylvania, recognized him at a McDonald's place eating hash browns. He had to take his mask off to eat the hash browns and that's when they recognized his face. Mangoni says he acted alone and added that Brian Thompson had to be killed. That was the executive, he said, the health insurance executive. Manzoni said he had to be killed and that's why he did it. Sounds

like he's a little off center. There to me. He also claims to be suffering from back pain and allegedly blames the insurance company for not being able to treat his pains. Manzoni said he killed Thompson because he was furious over the prophet driven health care industry in the United States. And they say he was recognized by someone when he lowered his face as I just told you

to eat hash browns at a McDonald's restaurant. My goodness, what a what a story in the two young men, both of them twenty six years old, just gives you a picture as to what goes on in this world and how the Mangione he comes from a very wealthy family of the newspapers are saying, so apparently he came up in what they call that the lap of luxury and the marine the uh he he just average guy, grew up. He's going to go to school now to

become an architect. But that's an interesting story. And that's what happened this past week, and I thought it was worth it to put point out the difference between these two individuals and and what what what their lives are, where they came from, and and the mess and the whole thing that was going on. Okay, now you know, Now you know, as Paul Harvey used to say, the rest of the story, Listen, I've got a lot more

to cover here this morning. Please don't go away, Uh, stay tuned, because we've got a lot more information to give you that's worth listening and learning about. We'll be back right after these messages.

to newborn babies. As it is right now, if you're born in the United States, you're a citizen. Automatically, unequivocally, you're born here, You're an American. Now, what happens is a lot of the illegals come across, they come here. Some of these women are pregnant, and the babies born in the United States, and so the little baby is automatically an American citizen. Well, this is an issue that

they're looking at. The Trump's looking at more specifically, if children born in the United States and both parents came here illegally or were visiting on a tourist visa, should not automatically grant their children a US citizenship. That's how Donald Trump's thinking these days. In any event, President Trump's transition team is exploring the matter as his inauguration day

draws closer. Trump said he would sign on day one an executive order directing federal agencies to require a child to have at least one parent be either a US citizen or a legal permanent resid cident for the child to automatically become a US citizen. Now, many Americans have little idea how much people around the world wish they

could reside here in the United States. While incoming President Trump would like to accomplish the issue by an executive order, many scholars civil rights groups say citizenship authority cannot be changed by a president's executive order, so that's one of the things that's going to be coming up in the whenever after Trump takes office. Nonetheless, despite the difficulties of attaining citizenship as an American can be well, they're going to tighten it over the next four years of the

incoming Trump administration. Besides setting higher standards for a foreigner to become a US citizen, immigrating here will require immigrants to bring skills with themness as well as to boost job market opportunity. Trump is definitely going to push for future immigrants to have skills in order to settle here. Is as to where that will stand to those in opposition to Trump. Remains to be seen, but one would

expect some opposition to leaving the door wide open. Realistically, foreigners wishing to come here should have skills they can use to obtain employment, as opposed to coming here not being able to read or write, or possess skills in the building trades and agriculture. Now, the United States maybe be the maybe the land of milk and honey, and it is, but it requires a skill set to boost the production of milk and honey. So there's a market for it. They, you know, in the United States, have

a skill. That's it a marketable skill. I guess that's the question. As has been said for centuries, the better mouse trap, and the world will be the path to your door. Sayings like that still hold a lot of truth. And in a world where machines outproduce unskilled labor, there's just not as much demand for unskilled labor as there used to be. Right, build the machines to do it. But then, as always, we have the moral mandate to

help those less fortunate than we than we are. And in a world of high productivity demands and well, if the high productive, the high productivity, the demands at competitive prices that only the skilled survive comfortably, and only those who prepare themselves through education and work can succeed more. Just the way it is, there's no easy answer to include everyone, and no less an authority than Jesus said, the poor you will always have with you. He said it.

It's in the Bible, and that implies that we have an obligation to help the poor. But the more of us who can help move the engines of progress, then the less poor we will have to care for. How's the old saying, go give him a matter of efficient he eats for a day, Teach a man to fishent he eats forever. And we all have obligations to one another, and we also all have ability. Some abilities come naturally,

others require proper training. So at the very least, we have an obligation to prepare ourselves to be able to do something that generates an income. And the good news is this is the good news. The incoming Trump administration is going to bring new opportunities to succeed in life and find our way to a better standard of living. That's that's his goal. Successful outcomes require effort. Unfortunately, most Americans have enough initiatives to put forth the effort to

get ahead in one field or another. It's in our DNA, handed down to us from our ancestors who managed to get us as far along as we are now. But there are no wildernesses is to cut through, right, they've cut the force down. The pioneer days are over. There's there's no you know, the plows to turn the fields by hand. Today's skills require a new initiative, but within the same spirit of our ancestors and those who came

before us. But the old saying of building a better mouse trapped, and the world will be the path to your door, well, that still holds true. It remains us through today as when it was first spoken a long long time ago. I guess maybe one hundred years ago somebody quoted that particular comment about building a better mouse trap and the world will be the path through your door. Well.

FBI Director Christopher Ray, rather than being fired by incoming President Donald Trump, is resigning his position as FBI Director, a physician to which he was appointed to by Donald Trump. The Ray's resignation was technically a stop a sort of that old maneuver of saying you can't fire me. I quit because Trump said he was going to fire when he right after he became president, once he took the oath, he was going to fire Ray. Well, Rai's out, and

plainly it was it's his own fault. It was Christopher Ray who ordered the FBI raid on Trump's home at Mari Lago, at the behest of Attorney General Merrick Garland, and who worked constantly. Merrick Garland worked constantly to try and have Donald Trump arrested and put in prison by doing everything he could with what has now been dubbed law fair, which essentially is twisting the law, twist the law to harm innocent people. Yeah, all all those people

going after Trump and he's still standing. I guess it's true that somebody up there must like him. They used to say that about Rocky Grotziana Rocky Groziana book. He says, somebody up there likes me. He was a famous boxer that came up tough on the streets of New York City and he made it and anyhow somebody there likes him. So somebody up there likes Trump. To back right after that, just try.

is my risk number? Dot Com?

guilty as the people they're criticizing. Now, many of you are aware that former Fox personality Pete Hegseeth is a military veteran he's been nominated to become the next US Secretary of Defense by incoming President Donald Trump. Heg Seth is being criticized by the Democrats and some Republicans of being a hard drinking womanizer, so that's what they're holding against him. Heg Seth has denied such charges, but has been known to hit the model and also to have

had extramarital affairs before marrying his president wife. Egsith says he's being attacked unfairly and promises if appointed US Defense secretary, he's going to stop drinking all together. It seems most of us have heard stories of women throwing themselves at powerful men. Right, you've all heard that now, So here he is. He's a young fella. I believe he was a major decorated military man and on television a TV star. He's on the Fox network and Trump picked him the

Secretary of Defense. So how many stories have we heard about our incoming president Donald Trump? Right? You know a lot of women they're just attracted to powerful men a lot. And we've heard a lot about how past presidents as well have had girlfriends on the side. Well, hegcept didn't have a girlfriend on the side. He was going through a divorce, as I understand it, at a one night stand with a woman any out. But let's talk about

marital fidelity, okay. John F. Kennedy was said to have had many affairs, some with famous movie stars like Marilyn Monroe, even back to the fellow of the FDR. Even even back to then, it's been said that FDR was having an elicit affair with another woman. And we also have heard a lot about our former and soon to be president once again, Donald Trump and his alleged affairs. And some say that women are naturally attracted to powerful men, and I guess maybe it's probably true. In some I

don't know if it's true or not. They say that if it's true, I don't know, or maybe it's just nature. You know, in the world of politics, entertainment, and elsewhere, the phenomenon of women being attracted to powerful men seems

to be common. And when the men are already married and depending on which political party they belong to, and are having a marital affairs extra marital affairs, it's a scandal if they're a Republican, But usually the Democrats, the corrupt news media just kind of gives them all the cover they need. In the case of Pete Hegseith, you know, his bad boy behavior was between marriages, and he has promised if appointed Secretary of Defense, he'll not drink alcoholic

beverage ever again. All right, now, incoming President Trump is trying to put people in his cabinet he can trust. That's what this is all about. Trump. You know, he doesn't need any Ron Rosenstein's or William Bars in his cabinet like happened the last time he was president and found himself being betrayed by some of the very many he appointed, including the current FBI Director Christopher Ray, that

I told you about a few minutes ago. You know, Trump appointed, but then Ray worked with Democrats and orchestrating FBI raids on Trump's Mary Lago estate. Well, this time around, Trump plans to surround himself with people he can trust to carry out his orders and not be a lackey of the Washington, DC bureaucracy. Now we've all heard the wise crack about how presidents come and go, but the

bureaucracy lives forever. During Trump's first term, he assumed those individuals serving in his cabinet would be loyal to his administration. But they weren't, and I think most of us are aware of that now. And Trump has to make sure he doesn't make the same mistake twice. That's what all this is about, you know, the people that he's appointing to his cabinet. And that's the big thing going on in Washington, d C. Right now, because you know, the Democrats,

of course, are against it. And the funny thing about Republicans is a lot of them have a hard time getting on the team. In other words of you've got you've got some Republicans that are going to buck Trump. Anyhow, well, Trump has to make sure that he doesn't make the same mistake twice on who he puts on. You know, who he appoints. Trump must appoint individuals to cabinet positions that he can expect to be loyal to him and help him carry out the responsibilities of his administration. That's

only common sense. How's the old saying, go fool me once, shame on you. Fool me twice, shame on me. And that's probably it in a nutshell's horizontal Trump's concern. Trump has enemies in the House and Senate, and while most of them are Democrats. There are a few Republicans that only be so happy to work against him. Well, the Washington DC bureaucracy is really a snake bit of conniving people who would probably gladly sell their own mothers if

they thought they could get away with it. Trump has certain people he feels he can trust to be appointed to cabinet positions, and his enemies would be more than happy to try to prevent those appointees from winning Senate approvals. So that's what's going on in DC right now. Trump knows better the second time around, and with only four years to save America from ruin, he has to make sure he surrounds himself with capable and loyal people to help him carry out his duties. It's really no more

complicated than that last time around. Trump was stabbed in the back and they went so far as to try and throw him in prison. The Democrats still want to do that, but to the grace of God, Trump outsmart them, and for that I think we can all be grateful. Because he's back there again. He's going to take the oath of office here in the month almost But latest news out of Manhattan the plot against Trump is still occurring. He's a dedicated man who wants to make America great again.

And I guess there's a lot of people that could care less about the future sure of the United States, and they're more loyal to their political parties. We all want to be successful, and the key for you, ladies and gentlemen, to achieve financial independence means that you would have the ability to meet your financial goals, whatever they are.

So ask yourself, are you satisfied with your present wealth, how do you handle financial emergencies, how will you provide for your children's education, and finally, will you be able to retire comfortably? That Asset Growth Associates we can answer those questions and much more so. You need to take the time to call us our phone numbers four oh

nine eight, four oh sixty nine hundred. If you live in far away places, well, then the numbers one eight sixty six seven, two eight three six nine seven and we'll be back with more right after this.

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 a concern to you, and it should be, we can show you how to protect yourself and how to locate and utilize financial institutions with very real reserves, not zero reserves. Give us a call an Asset Growth Associates one eight six six seven two eight three six nine seven. That's eight six six seven two eight three six ninety seven. You can also reach us locally in Beaumont, Texas by dialing four oh nine eight four oh sixty nine hundred. Give

us a call. You'll be glad that you did.

your computer search engine. That's the bottom line, radio show to find us there too. We're all over the internet. It's time for coollution, ladies and gentlemen, time for a solution. And for those of you listening to this morning support who are currently planning for retirement or already retired, you should give yourself every possible advantage, both while you're accumulating your savings or already receiving your retirement income. Asset Growth

Associates can help you. That's the business that we're in, that asset growth as we can help our clients plan every day with ideas on how to accumulate money and offer ways to consider building safety nets into their portfolios so they don't risk running out of money at an advanced age. And Some of our clients prefer traditional investing methods which include elements of risk. Others prefer adding some principal protection elements as part of a plan to avoid risk.

The stock market can be a fickle mistress. Well, let's just put not can be a fickle mistress. The stock market is a fickle mistress, and losing money during a market downturn at an advanced age is devastating if recovery doesn't occur quickly. A downturn in the stock market can take years to recover, and liquidating an account too quickly

can also threaten solvency. Principal protection plan guarantee money is never lost due to a market decline, and if properly liquidated for old age, income can last for more than one lifetime. That's why you often hear me stay Proper planning prevents poor performance. Planning is what we help our clients do at Asset Growth Associates by inputting their individual risk tolerance levels into the planning process to determine how much safety and how much risk should be put into

a retirement income plan. That's okay to take some risk when time's on your side and there's years to recover a financial loss. But listen to me, the order we get, the less time we have, right, you know that that's common sense. The older we get, the less time we have to overcome those financial losses. And why we suggest to you that building in some safety nets in your financial plan, using some principal protection might be a good idea.

We've got a lot of clients that have and they're doing just bye plans linked to the markets to accumulate growth, but immune from losses during the market downturn. And what principal protection really does is put time on your side because there's never a wait through time after a downturn to recover lost revenue because money's never lost to begin with.

And to learn more about principal protection and how we do our work at Asset Growth Associates, take the content to call us four oh nine eight four oh sixty nine hundred. If you live in far off places, we have a total free number you can use one eight six six seven two eight three six nine seven And if you have a computer, you can log gone to save my Retirement dot com. Learn all about us at that website. Schedule a time there too to come in and visit with us, or just contact us online and

save my retirement dot com. Okay, telephone or computers. We live in the modern age now, it's easy to reach us while visiting our website. Also click onto the link that said the risk number link. What is my risk number? You answer a few questions to establish your individual risk number and then visit with us so that we can compare it to your current portfolio. How you're investing right now, and are you investing according to your own risk? You

know your risk quotient? Okay four to oh nine eight four sixty nine hundred. Log on to save my retirement dot calm long distance one eight six six seven two eight three six nine seven. Reach us any any of those ways and we'll set some time aside that you can visit with us and we will help you save your retirement. And we'll do it with the different products. And we have.

to the past shows there too. Well. We're free americansies and gentlemen, and part of being free means you should plan for your future by setting funds aside now for future use. That's what Investing's about how many people can do that by participating in their employer sponsored savings plans such as for one K's or similar employer sponsored savings plans. But the closer one gets to retirement, the more important

it is to protect your nest egg. At Asset Growth Associates, we have plans which both grow and protect nest eggs from market losses. If you have funds available for transfer, now would be a good time to call us and visit with us. Our number in the four to oh nine area you god is four oh nine eight, four oh sixty nine hundred. That office is in Beaumont, Texas, where I'm talking to you from this morning. Four oh nine eight, four oh sixty nine hundreds the number to call.

You meet with us in person, and we can show you how to save your retirement. If you live in far away places, as I like to say, the eight hundred number we have one eight six six seven two eight three six nine seven. You can call us on that number two to reach us for an appointment. Investing money now for future use makes sense if you've already grown a st egg and you hope to retire with your nest egg intact and still keep it growing for or using the funds for income in the future. Now's

the time to call you. Call us four oh nine eight four oh sixty nine hundred. We'll set an appointment up and we'll go over everything with you and we will help you put a plan together that will fit your needs and keep that money coming in and have a better retirement experience. Right Well, clock on the wall says we're running out of time one way or another. We're running out of time, right and that's the truth. So we're going to close today's show, but we'll be

back next week. In the meantime. God bless you, and God bless freedom loving Americans.