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October 29, 2015
Title: The Feds want your Retirement Money
Topic: Feds and Your Money
Discussed by John Berlau
with Competitive Enterprise Institute www.cei.org
I can’t make this stuff up people! This is not a fake story! This is true and it is happening!
If you are sick and tired of the government being all up in your business, then you are really going to hate this! The Feds want to tell you where, when, and how much of your retirement money you can invest. Yes, you read that correctly! And, no, you are not stupid like the Feds say!
The Department of Labor (DOL) has proposed a rule that would severely restrict investment choices in savings plans such as 401(k)’s and individual retirement accounts (IRA’s). Your investment professionals will be forced to adhere to a one-size-fits-all definition of “best interest” for assets and investing strategies in these savings plans. This is especially bad news to poor and middle class investors.
John Berlau, political analyst and Senior Fellow at the Competitive Enterprise Institute, is here to explain the newest scheme by the Feds in real language. John reveals that the DOL is quoted, saying, “most Americans cannot prudently manage retirement assets on their own”. Over half of all Americans currently invest their retirement in some way, usually a 401(k) or IRA. Many must move their funds from one account to another at least once and this new regulation would make it nearly impossible to do so. But, of course, you’re too stupid to know how to do that and where your money should be, so they want to do it for you.
“The Labor Department is not a financial regulatory agency!” John exclaims. Is this just the first step in the Federal Government taking control of everyone’s retirement money? Listen in to hear what John Berlau has to say about that.
Good news: Thirty-three bipartisan organizations, including CEI, Americans for Tax Reform, and others, have signed a letter urging Congress to stop this madness. These groups are actively pursuing elected officials in WDC and they will not let this matter go. Too much is at stake. Call your representatives in WDC at (202) 224-3121 and urge them to put a stop to this immediately.
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October 8, 2014
Title: GM is Becoming Fannie Motors
Topic: Fannie Motors
Discussed by John Berlau
with Competitive Enterprise Institute www.cei.org
When the stock
market crashed in 2008, did you lose everything? Well, be careful because the
investment bankers are at it again! If you can walk and chew gum at the same
time, the auto loaners will give you a car!
Many auto dealers use an outside source to finance car loans. Some people use
their private bank. In recent years, GM has started issuing the auto loans
themselves, lumping thousands of loans together and selling the loans to
investors. John Berlau says GM is becoming the “Fannie Mae” of auto loans with
these “sub-prime” loans.
If it walks like a duck and quacks like a duck, then it’s probably a duck!
Listen in as John explains the serious consequences which lay ahead if GM
continues this risky behavior.
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April 16, 2007
Title: OUTRAGEOUS COMMENTS BY THE DON IMUSES OF THE ENVIRONMENTAL MOVEMENT
Topic: Environmental Issues
Discussed by John Berlau
with Competitive Enterprise Institute www.cei.org
Should environmentalists be held accountable for their pattern of vicious and bigoted comments? John Berlau, author of Eco-Freaks, exposes all! For more, log onto www.CEI.org
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January 31, 2007
Title: FORCED CHANGES IN YOUR LIFE TO HELP REDUCE OIL CONSUMPTION BY 20% Replay from January 30, 2007
Topic: Book Review
Discussed by John Berlau
with Competitive Enterprise Institute www.cei.org
John Berlau, author of Eco-Freaks, discusses ways to alter our lives to achieve a 20% reduction in oil consumption suggested by President Bush in his State of the Union Address. Aslo, just what are the "human haters"?
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January 30, 2007
Title: FORCED CHANGES IN YOUR LIFE TO HELP REDUCE OIL CONSUMPTION BY 20%
Topic: Book Review
Discussed by John Berlau
with Competitive Enterprise Institute www.cei.org
John Berlau, author of Eco-Freaks, discusses ways to alter our lives to achieve a 20% reduction in oil consumption suggested by President Bush in his State of the Union Address. Aslo, just what are the "human haters"?
More from this Guest More on this Topic More from this Organization