The U. S. Constitution was written in 1787. That year Alexander Tyler, a history professor at the University of Edinburgh, Scotland, made this observation based upon his study of the history of nations: “A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to …
Federal prosecutors charged Frederick Darren Berg, the founder of the failed Meridian Mortgage investment funds of Seattle, with 10 counts of wire fraud and money laundering Thursday, alleging he conducted a long-running Ponzi scheme that raised more than $350 million for purported mortgage investments but actually funneled millions of dollars to himself. Story: http://seattletimes.nwsource.com/html/businesstechnology/2013164237_bergcharges15.html
UPDATED 12/1/10 I’ve published an analysis of the SAFE Act, How The SAFE Act Affects Seller Carryback Notes: Strategies For Note and Real Estate Brokers & Investors. It addresses questions such as: * Do you need a license? * How does the SAFE Act affect you if you want to buy, create or broker seller …
Robert Veres, editor of the Inside Information financial-planning newsletter, recently asked his subscribers to estimate long-term future stock returns after inflation, expenses and taxes. Several dozen leading financial advisers responded. Although some didn’t subtract taxes, the average answer was 6%. A few went as high as 9%. Historically, inflation has eaten away three percentage points …
Did you know that poverty forces people to commit crimes? That’s one of the cherished doctrines of collectivists (those who want big government). They don’t quite put it that way, but that’s what they want you to believe. Camden, NJ in various years has been named the nation’s most dangerous city. According to an Associated …
Dear W.J. Mencarow, Thank you for the Lesson 1 (in the free e-course); and, I am very interested in making money through brokering/investing in cash flow notes. I am a recently retired attorney who specialized in Wills, Trusts and Estate Planning in Colorado Springs, Colorado. I have owned single family rental properties most of my …
A paraprosdokian is a figure of speech in which the latter part of a sentence or phrase is surprising or unexpected in a way that causes the reader or listener to reframe or reinterpret the first part. It is frequently used for humorous or dramatic effect. Ø I asked God for a bike, but I …
They Can’t All Be About Cash Flow Notes, So Let’s Lighten It Up A Bit Read More »
by John J. Merchant, J.D. Here is the basic law in all states regarding paying real estate agents referral fees for leads on cash flow notes: The agent himself is never allowed to accept any money from anyone except his broker. Every dollar the agent takes in must be payable to the broker and go …
The Law On Paying Real Estate Agents Referral Fees For Cash Flow Notes Read More »
Following is an article about government hearings to “discuss” changing over IRAs and 401(k) plans to annuities instead of being able to draw out the entire amount. Please note carefully that these are only “hearings”, and not a new law or regulation. Pat Heller speculates, accurately in my opinion, what course the government will follow …
The Truth About the Health Care Bills – Michael Connelly, Ret. Constitutional Attorney Well, I have done it! I have read the entire text of House Bill 3200: The Affordable Health Care Choices Act of 2009. I studied it with particular emphasis from my area of expertise, constitutional law. I was frankly concerned that parts …
A Constitutional Attorney Has Read the Entire Health Care Bill Read More »
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