1% Transaction fee?!

 Direct Deposit for SS Checks

 

ON JANUARY 1 ST 2012, THE GOVERNMENT IS REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT FOR SS CHECKS. WONDER WHY? 1% tax on all bank transactions HR4646 Watch for this AFTER November elections; remember this BEFORE you VOTE in case you think Obama's looking out for your best interest. 1% tax on all bank transactions HR 4646  This government just cannot think of enough ways to hurt the American people! I sure hope this dies!!!!! FORWARD THIS TO EVERYONE YOU KNOW! 1% tax on all bank transactions HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP. Checked this on snopes, it's true ! Check out HR 4646. President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is to sneak it in after the November elections to keep it under the radar. This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and loans, etc. Any deposit you make, or even a transfer within your account, will have a 1% tax charged. ~If your paycheck or your social security or whatever is direct deposit, it will get a 1% tax charged for the transaction. ~If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck in your bank. Even if you hand carry your paycheck or any check into your bank for a deposit, 1% tax will be charged. ~You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that check in the bank.. ~If you take $1,000 cash to deposit at your bank, 1% tax willbe charged. Mind you, this is from the man who promised that, if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn about this guy's under-the-table moves to increase the number of ways you are taxed. Oh, and by the way, if you receive a refund from the IRS next year and you have it direct deposited or you walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank. Remember, any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you put it in the bank. Some will say, oh well, it's just 1%. Are you kidding me? It's a 1% tax increase across the board. Remember, once the tax is there, they can also raise it at will. And if anyone protests, they will just say, "Oh,that's not really a tax, it's a user fee"! Think this is no big deal? Go back and look at the transactions you made on one year's banking statements. Then add the total of all those transactions and deduct 1%. Still think it's no big deal?   " A government big enough to give you everything you want is also big enough to take away everything you have." - Barry Goldwater

Here's more:
http://www.snopes.com/politics/taxes/debtfree.asp

Where the money goes!

Occupying Wall Street

For all the Activist the the New York area and it's surrounding areas, there will be a solidarity march on Wall Street called "Occupy Wall Street" protesting our Governments greed, with the focus on taking back our country.
You can read about it here: https://occupywallst.org/
Please join in if you can!

Here is their statement:
"Occupy Wall Street is leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%. We are using the revolutionary Arab Spring tactic to achieve our ends and encourage the use of nonviolence to maximize the safety of all participants."

Intro

Despite the name of this Blog, it will have almost nothing to do with housewives duties, easy recipes, or even how to please your man.
I chose the name because as American housewives, we are generally quite apathetic to the political/financial issues that are going on right under our noses in this country.
Generally speaking, we are far more concerned with our children, the household, our spouses, and where we can get the best deals on the latest pair of shoes and fashions.
I must start by saying I AM NO POLITICAL EXPERT!

I have avoided politics for as long as I could in fact, I think I actually got a "D" in PoliSci in college. Hated it despite the fact that I have 2 not-so-distant ancestors who served as the President in the County. (no, it wasn't the Bush's)
Must have skipped several generations....

So, this is why I'm here: For years now, I have seen the U.S. and world economy failing miserably. I had nightmares that kept me up at night about the state of our economy. I watched it decline, and saw American families lose almost everything; their houses, and sense of security in the forefront. We have become an insecure nation, waiting for the other shoe to drop, and essentially doing little to nothing about it.
I can't do that anymore, nor should you.

I stumbled upon this video that scared the poop out of me:
http://www.stansberryresearch.com/pro/1108PSINEWVD/6PSIM902/PR made by Porter Stansberry.
Disclaimer: I DO NOT HAVE ANY AFFILIATION WITH, NOR DO I RECOMMEND THAT YOU PURCHASE ANYTHING FROM HIS SITE!
This is a video that I implore you to watch to get a better idea of what is going on.
It is a very long video so please watch it in it's entirety when you have at least an hour to your self, uninterrupted

My purpose of posting this video  is not to cause you to become a "deer in the headlights" about the Economy but, instead to wake up and take action!

Today, 2 nasty little things happened to me. I found out that Bank of America is going to start charging $5.00 per month to all those who swipe their ATM cards for purchases.
Other banks will certainly follow suit.
Secondly, as an artist of many facets, I have a Paypal account. I logged in this morning to print my shipping labels, and to my extreme horror GOT A NOTIFICATION THAT THE IRS IS NOW TRACKING ALL INCOMING PAYMENTS! OVER THE 200 TRANSACTION MARK OR $20,000.00 WILL BE REPORTED TO THE IRS BY PAYPAL!
Ok, did you watch that video?
It's starting folks.

More later from me. I have a ton more to say so please stay with me.
The Apathetic Housewife