David Cay Johnston: More Corporate Tax Breaks Will Not Stimulate the Economy - Getting the economy back on its feet, giving taxpayers a break, saving your retirement fund and your kids college tuition? Done. And it wont cost you a penny. David Cay Johnston outlines his own fiscal therapy to end the economic crisis. David Cay Johnston, Pulitzer Prize-winning investigative journalist. He has the cover story in the latest issue of Mother Jones magazine, titled Fiscal Therapy His most recent book is titled Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill). He is a former reporter at the New York Times. The notion that everything is solved by a tax cut, of course there are sensible tax policies you can have. But there are public needs we have in this society that cannot be accomplished by a tax cut. No tax cut builds a road. No tax cut puts a cop on the street. No tax cut educates a child in the way that it ought to be done. So this—only tax cuts, at a time when I think we have a deficiency in some areas that are important for the quality of our life, is a big disagreement. The Bush tax cuts, all of them were financed with borrowed money. And where did we end up at the end of the Bush administration? If you add up all of the bailouts that the Bush administration did in the fall, the investments, the spending and the guarantees, its over $8 trillion. How much money is that? It is more than all of the income taxes paid ...
http://www.youtube.com/watch?v=yORDQKIvOAA&hl=en
A business insurance agent's number one objective is to make your life a little easier and things a little simpler when both predictable and unexpected occurrences events take place.
Their role is to help you select an insurance plan that works for you, whether it's auto insurance, insurance for your home and buildings, life insurance and/or health insurance.
A well respected insurance agent is one whose relationships with their customers is built on a foundation of shared values, quality service, mutual trust, and integrity.
An excellent farm or business insurance agent understands what's important to their clients and why. They must understand the importance of the legacy represented by the business itself and they want to be there as part of you final solution - always willing to help in any way the can.
They are your neighbors and friends, people who know that money is always a rare commodity, so setting priorities and communicating the potential consequences is critical.
When tragedy strikes the business, or your family personally there is always a price tag. Where will the cash come from to deal with it?
There are only three possibilities that I know of. Money that has already been earned and saved, money that can be borrowed, or your insurance agent's check - money that does not have to be paid back and does not deplete your savings or investments.
Naturally there is a fourth possibility for raising money, sell assets, not something that is likely to take the business or your farm in the direction you want it to go.
Business insurance agents who know their customers can help them understand the risk to benefit relationship between paying insurance premiums and self-insuring. Some risks you can and should self-insure with your own resources, risks that you can pay for out of pocket don't warrant buying insurance to cover, while others, if uninsured could cause the business to collapse if they are not covered properly.
Selecting the right insurance agent is a serious decision in deed, one that can have a more far reaching impact on your businesses success than anyone who can not accurately predict the future can know.
And unless I miss my guess it is one that almost always comes down to your gut instinct, a matter of personal trust.
The right agent is one who will reach out to their home office, collaborate with their peers, and are willing to tell you so if there is a better solution for you that they don't have.
In other words it's not how much they know as it is how much they care, about you and your family business. It seems to me that the ideal insurance agent is one who'll invest the time required to better understand you and your priorities.
They'll make that investment in your business whether or not you buy insurance from them today or not. They known that in the long run they'll be paid - if they are always willing to give of themselves before feeling a need to receive from you.
Should it be a rookie agent or a seasoned veteran? Does that really matter? It depends.
Let's say they are in expert in insurance and financial services, is that to your advantage or not? Maybe both.
It's good because they have already helped other people like you and they have seen a lot of "brilliant" ideas that did not work in real life over time. Or bad if their previous experiences have turned a mind open to suggestions into one that looks only at their own knowledge.
What about professional designations, whether or not they are well know among your peers, or simply right out of their company's new agent school?
I don't think it really matters, as long as they feel right to you. It is true that new agents fail and seasoned veterans retire.
In the meantime you'll be doing business with someone who cares about your success.
My Links : 22 inch HDTV Best Review Blog Online Bissell Vacuums
When was the last time you bought a defective product? When was the last time you received and incomplete because of a service company? Are you aware of cases where a company has products and services, has sued the proposal? These are some questions that everyone can easily answer, because chances are it has happened to everyone at least once.
Companies and groups usually try to provide the best products and services to consumers. But in reality do not alwaysCould happen. In fact, companies can easily get into trouble for Legal Services defective products and incomplete. In this case, liability insurance takes on the task of dealing with any problem that arises.
In particular, the insurance covers damage (especially in the economic form) that the Company may receive, as an action is filed against. Moreover, the insurance coverage all legal costs.
There are three main Types of liability insurance. Although all three are limits of liability insurance, you have a specific purpose and each covers certain cases.
General Liability Insurance: This type of personal injury coverage, property damage or advertising. Insurance companies can survive on this kind of unique, and is the most common form of liability insurance for businesses.
Professional liability> Insurance: The insurance covers problems that may occur due to errors, omissions or negligence. certain professions such as doctors and technical advisers, some areas are required to have this type of insurance a.
Product liability insurance: personal insurance handles injury caused by a defective product, the business was produced by this. The range and level of risk dependsType of activity.
An up close and personal look at Bill and Diane Lampe, who went from $175000 in credit card debt to personally earn $388000 in their first year, over $1 million in their second year and heading to earn well over $2 million in their third year building National Agents Alliance (NAA) fastest growing mortgage protection and life insurance master agency.
http://www.youtube.com/watch?v=6DCuHLPpBrs&hl=en
See Also : 40 inch LCD HDTV Review Shopping Low Price The Lost Symbol
In the present financial climate discovering the very best insurance coverage is more important than ever. When you are considering various types of insurance from a variety of providers it is crucial that you understand the questions to ask and what to look for. We've put together this guide in order for you to make the correct decision and find the very best insurance coverage for your particular circumstances.
Should you use an insurance agent or buy directly from an insurance company?
What differences are there between buying from an insurance agent or buying from an insurance company directly? Insurance agents can differ considerably in their expertise and how they go about selling you insurance. Since they more often than not work on commission only they sometimes might try to persuade you to buy a higher priced plan than you need. Obviously not all agents will do this and there are lots of honest, hardworking agents that will try hard to make certain that you buy the very best insurance coverage for you. Recommendation from friends is a good way to guarantee you work with an agent who will work hard for you!
If you do make your mind up to employ an insurance agent to lead you through the maze, make sure you find out how long he has been in the business. An established insurance agent will have many satisfied, repeat clients. Is he working for one company only? This could be both both an advantage or a disadvantage. If he sells for two or more companies he is able to choose the best plan for you from a larger selection, but an agent that works for a single company might be more dedicated and have a better knowledge of the plans offered by that company.
Is the agent covered for his mistakes or omissions? If he makes an error he needs to be insured so that you do not suffer financially. Does he know exactly the restrictions on the cover of the insurance policies he is selling? Question the insurance agent in detail and be on your guard if he is vague or less than knowledgeable on any of these factors.
Buying directly from an an insurance provider
If you are buying directly from a company research their record of paying out on any claims and their financial rating. Large companies will by and large have a very good rating but smaller companies, although they may have a lower rating, may well be more obliging as they are in such a competitive business. Find out how long the company has been in business and if there are any negative reports concerning it. Check if the company sells policies that are for more than one year as these can be lower cost if you pay in advance.
Conclusion
Discovering the very best insurance coverage may often be challenging and there are several decisions you need to make before you part with your money. If you come across a good agent who can will go out of his way to help you you will have a distinct advantage over attempting to sort out all the alternatives by yourself. However, whether you use an agent or deal directly with an insurance provider, you need to ensure you do the essential research first.
Recommend : Magellan Maestro GPS Bissell Vacuums
People talk bad about Canadian health care. They say the "for profit" American system is the best. Here is just how excellent it really is : www.slate.com The candidates use clever and misleading propaganda to fool you into thinking they really will fix health care. Affordable health insurance does not care about your health. Insurance companies care about profits not health. Insurance companies try to weasel out of paying convincing you it was all your fault and you should be thankful you don't have Canadian health care. We're supposed to be good health care consumers and shop around. Look for the "best" care. That's pretty hard to do strapped to a gurney in an ambulance or when your appendix is about to burst, or your tibia is poking through your skin. Shouldn't all doctors be competent ? Shouldn't they all provide care at a reasonable price ? Shouldn't it be simple and straight forward ? Design it right the first time !
http://www.youtube.com/watch?v=u7GfpoXxWNU&hl=en
My Links : Dlp Projector Eureka Upright Vacuum
Insurance is a promise to pay in the event that an insured risk occurs. Bankruptcy can seriously compromise the integrity of this promise. It is not reassuring to know that your business insurer- who protects your business from losses - may not be fully insulated from insolvency. However, a guarantee or promise is only as good as the person or entity making it.
With the 2008 failure of larger insurers (notably AIG), a strong insurer may be made susceptible by external circumstances that are anathema to its business model. Also, financial statements necessary to indicate strength may not immediately available or may lag behind the current financial dynamic. As a business owner, you cannot be completely certain. Therefore having an idea of what happens in the event of the failure of your business insurer is critical.
If your business insurer becomes bankrupt, coverage for your business does not simply disappear. There are procedures and statutory guarantees that aim to ensure that your business remains covered for the period that it should be covered for. Naturally, what happens when your business insurer goes bankrupt is contextual, but can be answered in broad terms.
a) Your coverage should be in force
Every insurer is required to maintain enough liquid asset classes to meet potential claims. When an insurer is bankrupt', it may not have enough cash to operate daily, but may have enough cash to meet potential claims on existing policies. However, an insurer should not use its statutory reserves for any purpose other than honoring its obligation to business policyholders.
b) Regulatory intervention
If solvency with regard to existing and potential claims is a problem, the relevant insurance regulator can intervene. The insurance regulator has the option of restructuring, rehabilitating or managing the insurer to ensure that it regains solvency. During these processes, the insured businesses in the insurer's portfolio will be accorded priority over creditors. Claims that were made before bankruptcy will be honored in full. Depending on the severity of the situation, claims made after the insurer went bankrupt may or may not be honored immediately and not necessarily to their full extent.
c) State guaranty funds
If all else fails, the last resort is to use state guaranty funds to meet the obligations to claims made by policyholders. Claim coverage will be honored, but not necessarily to the fullest extent either. Even in a situation where the insurer is no longer a going concern, current policy holders will have some claim coverage until their policies are no longer in force.
d) Renewal
Business insurance is different from other forms of insurance is that it is renewable- annually in many cases. You may be required to seek coverage elsewhere if the insurer cannot be rehabilitated such that it can remain a going concern. If, despite the attempts by the regulators, the insurer cannot be made viable again, you will certainly have to get a new business policy with another business insurer.
Protection of policyholders and maintaining competitive insurance industry are critical to insurance regulators. Your business will receive claim coverage for the period that your policy contract remains in force even if your business insurer goes bankrupt. If you have an existing claim, it should be fully honored. Claims made after bankruptcy is filed have a lower priority typically. The worst case scenario is that your business would have part-claim coverage until renewal and then you will have to seek another business insurer.