Income & Pension Shifts Part II – Triple Distortions


Income and savings  work hand in hand together.  How we earn affects how we save.  How businesses hire workers affect how pensions pay.  Economic shifts from lifelong to temporary employees affects how we earn and how Social Security will pay.

social security

Image from Washington Post article: “The real reason so many millennials are living at home.” (1).

Part one of this report “Income & Pensions Shifts”  looked at opportunities created by a global economic shift from lifetime to temporary employees.  Businesses are shifting from hiring full time employees and using larger numbers of temporary and contingent employees.  Businesses are also keeping older employees who have chosen (for reasons of fulfillment or finance) to work beyond their early or normal retirement years.

These changes create an earnings gap for younger generations.  The young work forces are more dependent on short-term contracts.   They earn less and and do not receive health or pension benefits.  This makes it harder for the temporary workers to save and this means that less is paid into Social Security and pension contributions.

Most pensions, especially Social Security, are Ponzi schemes that rely on new contributions to fund current distributions.   Lowered contributions from the growing younger workforce makes it harder for pensions (especially those like Social Security) to keep their promise of maintaining purchasing power.

The US Department of Labor sums up the problem in a report “Contingent Workers – General Observations”  (2)  that says:  “Unfortunately, current tax, labor and employment law gives employers and employees incentives to create contingent relationships not for the sake of flexibility or efficiency but in order to evade their legal obligations.  The employer will not have to make contributions to Social Security, unemployment insurance, workers’ compensation, and health insurance, will save the administrative expense of withholding, and will be relieved of responsibility to the worker under labor and employment laws.  Many low-wage workers have no practical choice in the matter. The federal government loses billions of dollars to underpayment of taxes by workers misclassified as independent contractors.  A 1989 GAO study found that 38 percent of the employers examined misclassified employees as independent contractors.”

This trend lowers contributions to Social Security.  Yet rising benefits are still promised.  An article from Time.com explains how if the current Social Security System remained as is, younger workers would expect to contribute $400,000 and receive $2 million in benefits.

The chart below shows the rising benefit gap.

social security

The Time article says: “We know the system is not sustainable as it is now,” he says. “For millennials, the problem is that the longer we delay [needed changes], the more we put the burden on younger and future generations.”

What to Do

One way to gain from this change is embrace the change.  One approach is to cash in on temp work.

This chart from Career Builders website (3)  (click to enlarge) shows areas where there is growing opportunity for temporary work.  The best pay (in order) is for software developers, then registered nurses and then human resource specialists.

career builder

Gain from triple distortions that create greater opportunity.

Here is a triple distortion created by the trends of increased longevity, more temporary employment and rising costs of life .

Part One of this report looked at how lifestyle farms were growing in popularity.

Lifestyle farms offer a way to add supplemental income, reduce costs of living, increase one’s capital and improve quality of life.  One feature of temporary and contingent work is that a lot of it can be done, via computer from home.  It is possible to live on a lifestyle farm and earn income from online contingent work.

Hobby farming is not very profitable but hobby farms are.

The New York Times article “Retirees Hobby Farms” (4) explains:  Not surprisingly, demand for hobby farm properties is on the rise. “It’s a hot property class right now across the country,” said Michael F. Duffy, the president of United Country Real Estate, based in Kansas City, Mo. “It’s especially popular for people in the early- to mid-retirement range.”

Some lifestyle farmers generate a secondary income to supplement existing income or they save on their grocery bills by raising or growing their own food.  In addition growing value in the farm offers future lifestyle funding potential from capital gains through splitting the farm and downsizing or using reverse mortgages in later years.

Earning from contingent work while living on a lifestyle farm creates double opportunity and a third current benefit may be on the horizon as is explained in the Wall Street Journal article “The next American farm bust is upon us” (5).

wall street journal chart

The article shows this chart and says:

Across the heartland, a multiyear slump in prices for corn, wheat and other farm commodities brought on by a glut of grain world-wide is pushing many farmers further into debt.  Some are shutting down, raising concerns that the next few years could bring the biggest wave of farm closures since the 1980s.

For some, the slump is an opportunity.  Farmers with low debts and enough scale to profit from last year’s record harvests could be in a position to rent or buy up land from struggling neighbors.

This economic downturn could make it easier to buy a farm for less so now is the time to begin cashing in on this distortion, if a lifestyle farm appeals to you.

Good Time to Act

My report “Live Anywhere – Earn Everywhere” is described below because it describes a step by step process that requires minimal investment to acquire lifestyle properties with multiple streams of income.

Don’t delay.  This is a good time to begin the process.  Human nature tends to prioritize the present over the future.   This is dangerous in an era in which Social Security is underfunded and old-fashioned pension plans are falling by the wayside.  We are increasingly responsible for creating our own good health and retirement security and the quality of our future lifestyle.

Our time, resources and attention are limited, so the tendency is to spend on consumption now instead of saving for retirement or investing in lifestyle progress.  Pressing events get most of our attention and effort.

Here are three simple steps that overcome our natural tendency to be entrapped in the here and now.

First, create a picture of who you want your purpose and future to be.  Examine it for truth.   Be sure this is what you really want, not what others have convinced you should be.

Then break this purpose into small steps, like making a picture into a puzzle that can be pieced together.  Each piece should be a workable short term goal.

Finally, monitor your progress.  Step back regularly, look at the big picture and the pieces of the puzzle you have fit together.  This is the business evolutionary cycle.

See how a New York filmmaker used this three step process to create an Angus beef co-op in a case study of the “Business Evolutionary Cycle” below (7).

Think about what you really, I mean really want to do.   Our mantra for over 30 years has been to turn your passion into profit.   Examine… what is your passion, your purpose, not what type of type of business will make money.  Then figure out how to earn in the process and make your life and business more fulfilling and usually more profitable as well.  Good luck in your quest. Look for your passion first… the money will follow.

Gary

(1) www.washingtonpost.com: The real reason so many millennials are living at home

(2)  www.dol.gov/_sec/media/reports/dunlop/section5.htm

(3) www.careerbuilder.com

(4) time.com: Millennials social security and medicare/

(5) www.nytimes.com:  Retirees hobby farms

(6) www.wsj.com: The next American farm bust is upon us

(7) www.garyascott.com: Case Study Business Evolutionary Cycle

Live Anywhere – Earn Everywhere

A huge economic struggle is taking place.

The hazard began with the Bayer Monsanto merger.   Recent verdicts against Roundup have accelerated the risk.

Bayer shares have fallen dramatically due to the merger especially after an award of more than $2 billion in damages to a couple who alleged that the company’s glyphosate-based weed killer Roundup caused their cancers.

This third loss-in-a-row by Bayer in U.S. courts and highest award to date has put the company in a tailspin. It 13,400 more such lawsuits and shareholders have rebuked Bayer’s top management over its handling of the Monsanto acquisition and this litigation.  The chart below shows how this has wiped over half of Bayer’s market value .

bayer

See up to date Bayer chart at www.finance.yahoo.com

Bayer’s struggle to protect itself can create disaster in almost every part of our lives, from food to our pets to our medicine.

The battle could destroy what’s left of our privacy, the safety of our food supply, the control over our health, the safety of our money and even the sanctity of our opinions and thoughts could be lost.

Markets and social order can collapse at any time.  Schools, businesses, post offices, any public place, are not safe from shooters on the rampage.  Streets are in danger of terrorists ramming their cars into riders on bikes.  We are no longer safe… in shopping centers, at festivals, even in church.

Yet the bigger danger grows and the struggle is taking place, right now.

You can read about tiny parts of this conflict daily in the news.   Most of the clash however is hidden from view.  There are horrible consequences hidden beneath the visible spin.

There is an association forming that can ruin our health care, nutrition and the environment.  This group an control what you read on the internet, see all the words in our phone calls, watch what we see on TV and slant the trends we learn about in social media.

Everything you write or say can be recorded and used  to control what you hear and read.

The warning shot, above the surface, was the merger between Bayer and Monsanto.

Bayer and Monsanto each have each developed poisons that are harsh on our ecosystem.

The merger of the two firms should have been stopped to ensure human and planetary survival.

But these massive companies have invested so much into lobbying and financing political campaigns that they have the ability to shape political systems to their own end.

Scientific studies found that neonicotinoid pesticides made by Bayer have almost eradicated some bird populations and flying insects.

These pesticides, along with Monsanto’s toxic herbicide Roundup, have delivered a one-two punch against  butterflies, honeybees and birds. Roundup has also been linked to over 40 human diseases, including cancer.

But both the US and the European Union approved the $66 billion merger of Bayer and Monsanto.  This union not only increases the potential of adding toxic poison to the environment but also gives this giant form control over genetically modified (GMO) seeds that have reduced seed diversity globally.

This union is horrible enough, yet it’s only the tip of the iceberg.

Seven companies are involved in a more sinister plot.

The momentum of this dangerous alliance has picked up faster than anticipated.

I began researching and preparing a report “Learn Anywhere, Earn Everywhere” when the Bayer-Monsanto merger was the big deal.   They were two of the seven firms involved in this almost invisible take-over of our food and medical services as well as the internet, cell phones and TV.

I started researching when I saw the hidden depths of this Bayer-Monsanto merger.  I was truly concerned and shocked because my research discovered that the consolidation of Bayer and Monsanto is not the biggest merger nor the most dangerous by far.

Due to the urgency created by the Roundup lawsuits I have miscalculated how much time we have.  I went to work on the report right away, taking my time to delve deeply, but even before I have finished the report, events have begun to heat up.   The pace of this hidden unification has increased.  Now another merger is taking place, far more destructive and the alliance has an incredible lobby program working to make sure that the deal goes through.

A triad of three huge concerns and four smaller ones with hundreds of billions of dollars have built one of the most formidable lobbying operations in Washington.  Nearly 100 registered lobbyists are already on retainer and they include former members of Congress.   One company in this heptagon is also the largest donor to federal lawmakers.

The donations we know of equal more than $11 million paid to 374 of the House’s 435 members and 85 of the Senate’s 100 members in this election cycle.

This deadly seven point affiliation is likely to snake into almost every part of our livelihood.

One part of the cartel will increase our dependence on modified food that can purposely increase our needs for pharmaceuticals manufactured and sold at outrageous prices by another arm of the group.

The organizations will know more about us than any other group in existence.  They will (in fact they already are) act as spies for the government.  This amalgamation will control what ads we see, the products we buy, listen into our phone calls and even monitor and influence what we see on TV.

Sadly most of the public will not even know that this fusion has taken place.  Life will appear to go on as normal.  They won’t even see the change as what’s left of their good life which could be drained away by corporate malfeasance.

This is why I am rushing a report to you so you can be one of the few who avoid the ruin of this alliance and gain rather than lose from the shift.

The report “Live Anywhere – Earn Everywhere” contains seven steps we can take to gain benefits and protection from this cartel.

Here is some background.  At the beginning of the 20th century, Carl Duisberg, the head of Bayer, created a profit sharing cartel from three firms BASF, Bayer and Agfa, called the Dreibund (Triple Alliance) or little IG.

This German chemical association dominated commerce everywhere under the name of IG Farben, the largest company in Europe, the 4th largest anywhere and the largest chemical company in the world.

Because “Power Corrupts” this company morphed into something truly evil before and during the Second World War.

After WWII IG Farben was considered so morally corrupt it could not be allowed to continue to exist and was split into its original constituent companies.  Today Agfa, BASF, Sanofi and Bayer (now expanded) remain.

This is where facts become truly scary.  Some of these very same companies have merged with other mega concerns to create a new American Dreibund (a Triple Alliance dominating the USA).   This new cartel has such power it can take control of your food, your medicine and even influence, if not control, what you read and the information you access for health and wealth.  Even worse, they can monitor everything you do and give it to others in government and business as well.

From a political point of view we cannot do much about this alliance.   The cartel has hundreds of billions of dollars and hundreds of lobbyists.  They are making their big move right now, to take advantage of the current political distraction.  They know that after an election politicians are willing to accept bad news because it will be forgotten in four years.

In addition their greatest enemy in the government has only a couple of months left as the head of the Federal agency that will fight this cartel.

Only a few people will know how to take advantage of the shifts created from the results of this alliance.

The sooner we act, the greater the benefits.   This is why I want to rush my newest report “Live Anywhere-Earn Everywhere” to you.  This report shares how to protect what you have from this coalition that is taking over mainstream media, our food supply as well as our medical history, health care and communications.

Fortunately a loophole can set you free.  You can protect what you have and actually improve your situation, a lot.  Merri and I have already jumped though the loophole and want to share why and how you should too.

How to Gain Extra Freedom – While Almost Everyone Loses Theirs.  Become a Pruppie!

May I coin a new word, Pruppie?

We all know about preppers.  They believe that the world, as we know it, is about to end.  And we also know about Uppies, upward professionals as in Yuppies, young upward professionals.  Uppies expect their world to get better.

The reality is that our worlds have changed and for most of us, there is still great opportunity for a better lifestyle, yet the preppies could be right.

I invite you to join Merri and me as Pruppies, those who expect the world to get better and live and earn based on that expectation but enjoy a progressive lifestyle of freedom that also happens to prepare us for bad times as well as good.

Just in case… the world goes sideways… we will still survive and prosper anyway.  We do not give up anything much.  We can enjoy the good parts of the new economy, as we protect ourselves from what can be bad.

For example in this report, you’ll see how to make your dining room table bring you more control, more time, more income and more freedom.  After all, what can be more accessible than a dining room table?

ecuador-banks

You’ll even learn how to turn dining room tables into income and tax deductions as we have with these dining room tables we build out of local wood.

Let me be clear.  I expect that the world will get better, at least for the few who adapt and avoid the dangers the American Dreibund has planned for the public.  The wealth of the world, albeit with inequality, has continued to grow.  There is an incredible new economy that’s opening for those who know what to do.  There are great new opportunities and many of them offer enormous income potential and they even work well in disaster scenarios.

Let me provide one simple, concrete example.  Ginseng.

This is a great health root.  The demand is growing especially in China.  At times good dried Ginseng sells for $1,000 a pound!  This is an incredible and easy crop to grow.   The less care you give it, the more valuable it can become.  Yet if everything goes south, the health qualities will be good to have and make it an excellent barter item.  Once you know what to do with ginseng, it’s easy to grow in your back yard.

Even better one of the best kept secrets is that ginseng and 125 other medicinal crops that are currently unsustainable but can be grown on land  that is extraordinarily cheap.

goldenseal ginseng

Ginseng growing in our back yard.  I know about growing ginseng through experience and explain why and how in the report.

There are are specific places that reduce your living expenses, easily increase your income, make you smarter, healthier and provide tax benefits as well. 

Learn about these specific places.  More important learn what makes these places special and seven freedom producing steps that you can use to find other similar spots of opportunity.

Here are some of the experiences this report shares:

The report includes a tax and career plan broken into four age groups, before you finish school, from age 25 to 50 – age 50-to 65 and what to do when you reach the age where tradition wants you to re-tire.  (Another clue-you do not need to retire and probably should not).

The report is very specific because it is about what Merri and I, our children and even my sister and thousands of our readers have done and are doing.

Live Anywhere – Earn Everywhere focuses on a system that takes advantage of living in Smalltown USA, but earning globally.

  • Learn about the magic of the north facing slope.   This is where Merri and I live almost half of our time.  North facing mountain land is some of the least expensive in the world but has hidden values that the report reveals.  There is a lot of this land and a lot of hidden value that you can tap.   When we bought our Blue Ridge farm (252 acres) I mentioned this to my Swiss banking friend.  “That’s bigger than the entire village where I live!” was his response.  Smalltown USA offers a last chance at having a lot of space.  By living in two Smalltown places there are enormous tax advantages as well.  One step in the system saves Merri and me over $28,345 in taxes a year.

The report shows how to buy cheap north facing slopes and create an income producing tiny home for $29,000 or less.

If you lack the $29,000 to invest, a start up using tents is even less.  These are tipis we put up at our farm before we built our first tiny home.  Learn how they can create tens of thousands of dollars in income for you.

Fwd: gary-scott-tipis

  • See ways that small businesses like Tipi rentals can create BIG tax savings as well as extra income.  For more than 30 years Merri and I have enjoyed a strong six figure income, some years more, in the millions.  Yet there have been very few years when we had to pay federal income tax.  The report lays out a three structure program and how it is used when you are in school (up to age 30), then from 25 to 50, 50 to 70  and beyond 70.   Learn why Chapter C corporations and pensions can be better than the normally recommended Chapter S.  See how new mileage log rules gives you a possible opportunity to increase your tax deductions using IRS Form 4562.  Using a two-vehicle strategy you can gain $12,976 in new deductions even if you do not have to drive one mile further or spend one additional penny on your car.
  • See how a greenhouse can help you eat better and be healthier, plus provide income and a tax deduction and be funded by a government grant.

gary-scott-farming

Our North Carolina greenhouse.

gary scott greenhouse

Our Florida greenhouse.

  • There are similar benefits from having a second home office defined in IRS publication 463 and IRS publication 587, even if your desk is a dining room table.  The report also shows how your dining room table can become an actual income producer as its creates a huge tax deduction at the same time, not to mention a great place to eat, work and lay out plans for a brighter, safer more lucrative and enjoyable future.
  • Living in this environment is also healthier, economically as well as physically.  You’ll see in the report how researchers at Harvard found an amazing correlation between living in conditions found on north facing slopes, longevity and mental health.  The researchers were quite surprised by this strong correlation that also extended into mental health.  In addition to feeling better, reducing stress and having more Joie de Vivre the places outlined in “Live Anywhere-Earn Everywhere” can help you avoid hospitals, high cost disease management (aka health care) and BIG pharma while providing an investment opportunity in three plants that have some of the fastest growing demand in natural health care.  These three plants are just one of seven business opportunities that can create multiple streams of income.
  • How changes in cell phone and internet technology eliminated the need to be in one place.   An old law that creates new opportunity for small business in small towns is available to everyone.
  • Use the specific search and purchase guide.  Construction plans are included that show how to generate first tier income that leads to five, second tier avenues of earnings.
  • How to pay off old debt and avoid new debt by avoiding spurts and embracing value. 
  • Learn seven skills that will always have value.  See how to turn First Aid, medicinal plants, hospitality, food, trees, alternate energy and writing to sell into everlasting, low stress wealth.

merrily farms

This pond at our farm is a pleasure but also helps create a safe, healthy food supply and creates a tax deduction as well.

My Guarantee

This may be the most important report I have written in 50 years.  The information is certainly the most urgent.  Do not delay.  The risks are upon us right now and you’ll understand how the final steps of the alliance are taking place as you read the current news.

To take any risk out of gaining this urgent information with my full satisfaction or money back guarantee.  If you are not totally happy, simply let me know.  I guarantee you can ask for a full refund any time within 60 days and I’ll refund your payment in full, no questions asked.

You can keep the reports as my thanks for ordering it.

Buy Live Anywhere, Earn Everywhere Report  $39.99

Gary