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One Lightbulb At A Time

This is passed along from an e-mail I received.  While the specific story about one chain selling something made in the U.S. and the other selling the same product made in China has not been verified by me, the concept of buying an American Made product whenever possible makes sound economic sense.

Ever since our manufacturing base has been shipped to foreign countries our country has suffered a decline.  This decline and resulting economic impact will continue until such time as we start bringing manufacturing JOBS BACK TO THE UNITED STATES.  We can vote with our pocketbooks and our hearts by BUYING AMERICAN WHENEVER WE CAN!

Good idea .. . one light bulb at a time . .

A physics teacher in high school, once told the students that while one grasshopper on the railroad tracks wouldn’t slow a train very much, a billion of them would. With that thought in mind, read the following, obviously written by a good American.

Check this out . I can verify this because I was in Lowes the other day for some reason and just for the heck of it I was looking at the hose attachments. They were all made in China . The next day I was in Ace Hardware and just for the heck of it I checked the hose attachments there. They were made in USA . Start looking.

In our current economic situation, every little thing we buy or do affects someone else – even their job . So, after reading this email, I think this lady is on the right track . Let’s get behind her!

My grandson likes Hershey’s candy . I noticed, though, that it is marked made in Mexico now. I do not buy it any more.

My favorite toothpaste Colgate is made in Mexico … now I have switched to Crest. You have to read the labels on everything.

This past weekend I was at Kroger. I needed 60 W light bulbs and Bounce dryer sheets. I was in the light bulb aisle, and right next to the GE brand I normally buy was an off-brand labeled, “Everyday Value. ” I picked up both types of bulbs and compared the stats -

they were the same except for the price .. The GE bulbs were more money than the Everyday Value brand but the thing that surprised me the most was the fact that GE was made in MEXICO and the Everyday Value brand was made in – get ready for this – the USA in a company in Cleveland , Ohio.

So throw out the myth that you cannot find products you use every day that are made right here.

So on to another aisle – Bounce Dryer Sheets . yep, you guessed it, bounce cost more money and is made in Canada . The Everyday Value brand was less money and MADE IN THE USA ! I did laundry yesterday and the dryer sheets performed just like the Bounce Free I have been using for years and at almost half the price!

My challenge to you is to start reading the labels when you shop for everyday things and see what you can find that is made in the USA – the job you save may be your own or your neighbors!

If you accept the challenge, pass this on and share it with your friends so we can all start buying American, one light bulb at a time! Stop buying from overseas companies whenever you can! We should have awakened a decade ago.

Let’s get with the program help our fellow Americans keep their jobs and create more jobs here in the U.S.A.

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Posted by Steve Maziarz - November 10, 2010 at 5:28 am

Categories: ALERTS, Observations, Patriots Postings, The Meltdown   Tags:

Almost Instant Retirement Cash

Chances are that there’s a little piece of paper hanging around your house, or maybe in a Safety Deposit box. It’s often overlooked and ignored.  You can cash in on this little “hidden” gem.  There are actually companies out there that will pay you a handsome portion for this little piece of paper.

Most folks have been paying for this for YEARS.  Despite that, they have nothing to show for it, but this little piece of paper and a promise.

WHAT am I talking about?  Your LIFE INSURANCE policy!  Did you know that there are companies out there that will give you money NOW in return for your life insurance policy?

Contact your insurance agent and they’ll take to you about surrender value or taking a loan out on your policy.  Both of these will get you SOME cash. But, a relatively insignificant portion.

There’s a better solution if you’re in need and have a policy that will pay out over $50K as a Death Benefit.

Yet, don’t think this is a magic bullet.  While the legality of doing something like this has been upheld by the Supreme Court, the industry operates in unregulated waters.  Not too many people even know about this concept, called a “life settlement.”   So, it is wise to do your homework and some thorough research on the firms you are dealing with BEFORE you even contact your first one.  Certainly, you should consult with the appropriate professionals prior to actually completing the transaction.

Yet, for some of you, this may very well be a way to get some much needed money to help fund your retirement years.

One other thing to consider: some life insurance policies allow you to get a portion of your benefits, some up to 75% of the amount due upon your death, PRIOR to your actual demise, in the event you are faced with a terminal illness.  So, check THAT option out FIRST if you happen to be in such a circumstance.

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Posted by Steve Maziarz - October 27, 2009 at 5:07 pm

Categories: Finance, Retirement Help   Tags: , ,

IRA vs. 401k Withdrawals

recently discovered something when transitioning jobs – should you need, or desire, to pull out some money from your retirement savings there is a BIG difference between an IRA and a 401k.  With a 401k, they are REQUIRED to withhold 20% Federal Tax.  However, if you roll over the funds in your 401k TO AN IRA and then request a withdrawal, they are NOT mandated to withhold the 20% Federal Tax.  That is a choice you can make for yourself.

In my case, by r0lling over to an IRA and then requesting a withdrawal, I was able to save around $1,800 in mandatory tax because I withdrew money.  PLUS, when I repay my “loan” within 60 days, by re-depositing the funds to my IRA, there is no Federal Tax penalty involved.  It’s as if the “loan”  never occurred.

The folks at Fidelity, who recommended and handled my rollover clued me in to a HUGE savings.  Perhaps they can do the same for you when the time comes.

Also, I’d like to pint out that the IRA offers much more flexibility in the investment vehicles offered.

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Posted by Steve Maziarz -  at 5:03 pm

Categories: Finance, Retirement Help   Tags: , , ,