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"Millions of Americans have already received their last Social Security check and they don't even know it…"
That's the shocking admission from a former federal banking regulator-turned one of America's leading money managers.
Louis Navellier is one of the few Wall Street insiders with an intimate knowledge of the government's inner workings.
In 1865, as commanding general, Ulysses S. Grant led the Union Armies to victory over the Confederacy in the American Civil War. As an American hero, Grant was later elected the 18th President of the United States (1869–1877), working to implement Congressional Reconstruction and to remove the vestiges of slavery. Late in the administration of Andrew Johnson, Gen. Ulysses S. Grant quarreled with the President and aligned himself with the Radical Republicans. He was, as the symbol of Union victory during the Civil War, their logical candidate for President in 1868. When he was elected, the American people hoped for an end to turmoil. Grant provided neither vigor nor reform. Looking to Congress for direction, he seemed bewildered. One visitor to the White House noted "a puzzled pathos, as of a man with a problem before him of which he does not understand the terms." Born in 1822, Grant was the son of an Ohio tanner. He went to West Point rather against his will and graduated in the middle of his class. In the Mexican War he fought under Gen. Zachary Taylor. At the outbreak of the Civil War, Grant was working in his father's leather store in Galena, Illinois. He was appointed by the Governor to command an unruly volunteer regiment. Grant whipped it into shape and by September 1861 he had risen to the rank of brigadier general of volunteers. He sought to win control of the Mississippi Valley. In February 1862 he took Fort Henry and attacked Fort Donelson. When the Confederate commander asked for terms, Grant replied, "No terms except an unconditional and immediate surrender can be accepted." The Confederates surrendered, and President Lincoln promoted Grant to major general of volunteers. At Shiloh in April, Grant fought one of the bloodiest battles in the West and came out less well. President Lincoln fended off demands for his removal by saying, "I can't spare this man–he fights." For his next major objective, Grant maneuvered and fought skillfully to win Vicksburg, the key city on the Mississippi, and thus cut the Confederacy in two. Then he broke the Confederate hold on Chattanooga. Lincoln appointed him General-in-Chief in March 1864. Grant directed Sherman to drive through the South while he himself, with the Army of the Potomac, pinned down Gen. Robert E. Lee's Army of Northern Virginia. Finally, on April 9, 1865, at Appomattox Court House, Lee surrendered. Grant wrote out magnanimous terms of surrender that would prevent treason trials. As President, Grant presided over the Government much as he had run the Army. Indeed he brought part of his Army staff to the White House. Although a man of scrupulous honesty, Grant as President accepted handsome presents from admirers. Worse, he allowed himself to be seen with two speculators, Jay Gould and James Fisk. When Grant realized their scheme to corner the market in gold, he authorized the Secretary of the Treasury to sell enough gold to wreck their plans, but the speculation had already wrought havoc with business. During his campaign for re-election in 1872, Grant was attacked by Liberal Republican reformers. He called them "narrow-headed men," their eyes so close together that "they can look out of the same gimlet hole without winking." The General's friends in the Republican Party came to be known proudly as "the Old Guard." Grant allowed Radical Reconstruction to run its course in the South, bolstering it at times with military force. After retiring from the Presidency, Grant became a partner in a financial firm, which went bankrupt. About that time he learned that he had cancer of the throat. He started writing his recollections to pay off his debts and provide for his family, racing against death to produce a memoir that ultimately earned nearly $450,000. Soon after completing the last page, in 1885, he died.
And what he's witnessed, quite frankly, scares the you know what out of him.
With the assassination of President Abraham Lincoln, Andrew Johnson became the 17th President of the United States (1865-1869), an old-fashioned southern Jacksonian Democrat of pronounced states' rights views. With the Assassination of Lincoln, the Presidency fell upon an old-fashioned southern Jacksonian Democrat of pronounced states' rights views. Although an honest and honorable man, Andrew Johnson was one of the most unfortunate of Presidents. Arrayed against him were the Radical Republicans in Congress, brilliantly led and ruthless in their tactics. Johnson was no match for them. Born in Raleigh, North Carolina, in 1808, Johnson grew up in poverty. He was apprenticed to a tailor as a boy, but ran away. He opened a tailor shop in Greeneville, Tennessee, married Eliza McCardle, and participated in debates at the local academy. Entering politics, he became an adept stump speaker, championing the common man and vilifying the plantation aristocracy. As a Member of the House of Representatives and the Senate in the 1840's and '50's, he advocated a homestead bill to provide a free farm for the poor man. During the secession crisis, Johnson remained in the Senate even when Tennessee seceded, which made him a hero in the North and a traitor in the eyes of most Southerners. In 1862 President Lincoln appointed him Military Governor of Tennessee, and Johnson used the state as a laboratory for reconstruction. In 1864 the Republicans, contending that their National Union Party was for all loyal men, nominated Johnson, a Southerner and a Democrat, for Vice President. After Lincoln's death, President Johnson proceeded to reconstruct the former Confederate States while Congress was not in session in 1865. He pardoned all who would take an oath of allegiance, but required leaders and men of wealth to obtain special Presidential pardons. By the time Congress met in December 1865, most southern states were reconstructed, slavery was being abolished, but "black codes" to regulate the freedmen were beginning to appear. Radical Republicans in Congress moved vigorously to change Johnson's program. They gained the support of northerners who were dismayed to see Southerners keeping many prewar leaders and imposing many prewar restrictions upon Negroes. The Radicals' first step was to refuse to seat any Senator or Representative from the old Confederacy. Next they passed measures dealing with the former slaves. Johnson vetoed the legislation. The Radicals mustered enough votes in Congress to pass legislation over his veto–the first time that Congress had overridden a President on an important bill. They passed the Civil Rights Act of 1866, which established Negroes as American citizens and forbade discrimination against them. A few months later Congress submitted to the states the Fourteenth Amendment, which specified that no state should "deprive any person of life, liberty, or property, without due process of law." All the former Confederate States except Tennessee refused to ratify the amendment; further, there were two bloody race riots in the South. Speaking in the Middle West, Johnson faced hostile audiences. The Radical Republicans won an overwhelming victory in Congressional elections that fall. In March 1867, the Radicals effected their own plan of Reconstruction, again placing southern states under military rule. They passed laws placing restrictions upon the President. When Johnson allegedly violated one of these, the Tenure of Office Act, by dismissing Secretary of War Edwin M. Stanton, the House voted eleven articles of impeachment against him. He was tried by the Senate in the spring of 1868 and acquitted by one vote. In 1875, Tennessee returned Johnson to the Senate. He died a few months later.
Which is why he is stepping forward with this dire warning…
Millard Fillmore, a member of the Whig party, was the 13th President of the United States (1850-1853) and the last President not to be affiliated with either the Democratic or Republican parties. In his rise from a log cabin to wealth and the White House, Millard Fillmore demonstrated that through methodical industry and some competence an uninspiring man could make the American dream come true. Born in the Finger Lakes country of New York in 1800, Fillmore as a youth endured the privations of frontier life. He worked on his father's farm, and at 15 was apprenticed to a cloth dresser. He attended one-room schools, and fell in love with the redheaded teacher, Abigail Powers, who later became his wife. In 1823 he was admitted to the bar; seven years later he moved his law practice to Buffalo. As an associate of the Whig politician Thurlow Weed, Fillmore held state office and for eight years was a member of the House of Representatives. In 1848, while Comptroller of New York, he was elected Vice President. Fillmore presided over the Senate during the months of nerve-wracking debates over the Compromise of 1850. He made no public comment on the merits of the compromise proposals, but a few days before President Taylor's death, he intimated to him that if there should be a tie vote on Henry Clay's bill, he would vote in favor of it. Thus the sudden accession of Fillmore to the Presidency in July 1850 brought an abrupt political shift in the administration. Taylor's Cabinet resigned and President Fillmore at once appointed Daniel Webster to be Secretary of State, thus proclaiming his alliance with the moderate Whigs who favored the Compromise. A bill to admit California still aroused all the violent arguments for and against the extension of slavery, without any progress toward settling the major issues. Clay, exhausted, left Washington to recuperate, throwing leadership upon Senator Stephen A. Douglas of Illinois. At this critical juncture, President Fillmore announced in favor of the Compromise. On August 6, 1850, he sent a message to Congress recommending that Texas be paid to abandon her claims to part of New Mexico. This helped influence a critical number of northern Whigs in Congress away from their insistence upon the Wilmot Proviso–the stipulation that all land gained by the Mexican War must be closed to slavery. Douglas's effective strategy in Congress combined with Fillmore's pressure from the White House to give impetus to the Compromise movement. Breaking up Clay's single legislative package, Douglas presented five separate bills to the Senate: 1. Admit California as a free state. 2. Settle the Texas boundary and compensate her. 3. Grant territorial status to New Mexico. 4. Place Federal officers at the disposal of slaveholders seeking fugitives. 5. Abolish the slave trade in the District of Columbia. Each measure obtained a majority, and by September 20, President Fillmore had signed them into law. Webster wrote, "I can now sleep of nights." Some of the more militant northern Whigs remained irreconcilable, refusing to forgive Fillmore for having signed the Fugitive Slave Act. They helped deprive him of the Presidential nomination in 1852. Within a few years it was apparent that although the Compromise had been intended to settle the slavery controversy, it served rather as an uneasy sectional truce. As the Whig Party disintegrated in the 1850's, Fillmore refused to join the Republican Party; but, instead, in 1856 accepted the nomination for President of the Know Nothing, or American, Party. Throughout the Civil War he opposed President Lincoln and during Reconstruction supported President Johnson. He died in 1874.
Franklin Pierce became 14th President of the United States at a time of apparent tranquility (1853-1857). By pursuing the recommendations of southern advisers, Pierce — a New Englander — hoped to ease the divisions that led eventually to Civil War. Franklin Pierce became President at a time of apparent tranquility. The United States, by virtue of the Compromise of 1850, seemed to have weathered its sectional storm. By pursuing the recommendations of southern advisers, Pierce–a New Englander–hoped to prevent still another outbreak of that storm. But his policies, far from preserving calm, hastened the disruption of the Union. Born in Hillsborough, New Hampshire, in 1804, Pierce attended Bowdoin College. After graduation he studied law, then entered politics. At 24 he was elected to the New Hampshire legislature; two years later he became its Speaker. During the 1830's he went to Washington, first as a Representative, then as a Senator. Pierce, after serving in the Mexican War, was proposed by New Hampshire friends for the Presidential nomination in 1852. At the Democratic Convention, the delegates agreed easily enough upon a platform pledging undeviating support of the Compromise of 1850 and hostility to any efforts to agitate the slavery question. But they balloted 48 times and eliminated all the well-known candidates before nominating Pierce, a true "dark horse." Probably because the Democrats stood more firmly for the Compromise than the Whigs, and because Whig candidate Gen. Winfield Scott was suspect in the South, Pierce won with a narrow margin of popular votes. Two months before he took office, he and his wife saw their eleven-year-old son killed when their train was wrecked. Grief-stricken, Pierce entered the Presidency nervously exhausted. In his Inaugural he proclaimed an era of peace and prosperity at home, and vigor in relations with other nations. The United States might have to acquire additional possessions for the sake of its own security, he pointed out, and would not be deterred by "any timid forebodings of evil." Pierce had only to make gestures toward expansion to excite the wrath of northerners, who accused him of acting as a cat's-paw of Southerners eager to extend slavery into other areas. Therefore he aroused apprehension when he pressured Great Britain to relinquish its special interests along part of the Central American coast, and even more when he tried to persuade Spain to sell Cuba. But the most violent renewal of the storm stemmed from the Kansas-Nebraska Act, which repealed the Missouri Compromise and reopened the question of slavery in the West. This measure, the handiwork of Senator Stephen A. Douglas, grew in part out of his desire to promote a railroad from Chicago to California through Nebraska. Already Secretary of War Jefferson Davis, advocate of a southern transcontinental route, had persuaded Pierce to send James Gadsden to Mexico to buy land for a southern railroad. He purchased the area now comprising southern Arizona and part of southern New Mexico for $10,000,000. Douglas's proposal, to organize western territories through which a railroad might run, caused extreme trouble. Douglas provided in his bills that the residents of the new territories could decide the slavery question for themselves. The result was a rush into Kansas, as southerners and northerners vied for control of the territory. Shooting broke out, and "bleeding Kansas" became a prelude to the Civil War. By the end of his administration, Pierce could claim "a peaceful condition of things in Kansas." But, to his disappointment, the Democrats refused to renominate him, turning to the less controversial Buchanan. Pierce returned to New Hampshire, leaving his successor to face the rising fury of the sectional whirlwind. He died in 1869.
James Buchanan, the 15th President of the United States (1857-1861), served immediately prior to the American Civil War. He remains the only President to be elected from Pennsylvania and to remain a lifelong bachelor. Tall, stately, stiffly formal in the high stock he wore around his jowls, James Buchanan was the only President who never married. Presiding over a rapidly dividing Nation, Buchanan grasped inadequately the political realities of the time. Relying on constitutional doctrines to close the widening rift over slavery, he failed to understand that the North would not accept constitutional arguments which favored the South. Nor could he realize how sectionalism had realigned political parties: the Democrats split; the Whigs were destroyed, giving rise to the Republicans. Born into a well-to-do Pennsylvania family in 1791, Buchanan, a graduate of Dickinson College, was gifted as a debater and learned in the law. He was elected five times to the House of Representatives; then, after an interlude as Minister to Russia, served for a decade in the Senate. He became Polk's Secretary of State and Pierce's Minister to Great Britain. Service abroad helped to bring him the Democratic nomination in 1856 because it had exempted him from involvement in bitter domestic controversies. As President-elect, Buchanan thought the crisis would disappear if he maintained a sectional balance in his appointments and could persuade the people to accept constitutional law as the Supreme Court interpreted it. The Court was considering the legality of restricting slavery in the territories, and two justices hinted to Buchanan what the decision would be. Thus, in his Inaugural the President referred to the territorial question as "happily, a matter of but little practical importance" since the Supreme Court was about to settle it "speedily and finally." Two days later Chief Justice Roger B. Taney delivered the Dred Scott decision, asserting that Congress had no constitutional power to deprive persons of their property rights in slaves in the territories. Southerners were delighted, but the decision created a furor in the North. Buchanan decided to end the troubles in Kansas by urging the admission of the territory as a slave state. Although he directed his Presidential authority to this goal, he further angered the Republicans and alienated members of his own party. Kansas remained a territory. When Republicans won a plurality in the House in 1858, every significant bill they passed fell before southern votes in the Senate or a Presidential veto. The Federal Government reached a stalemate. Sectional strife rose to such a pitch in 1860 that the Democratic Party split into northern and southern wings, each nominating its own candidate for the Presidency. Consequently, when the Republicans nominated Abraham Lincoln, it was a foregone conclusion that he would be elected even though his name appeared on no southern ballot. Rather than accept a Republican administration, the southern "fire-eaters" advocated secession. President Buchanan, dismayed and hesitant, denied the legal right of states to secede but held that the Federal Government legally could not prevent them. He hoped for compromise, but secessionist leaders did not want compromise. Then Buchanan took a more militant tack. As several Cabinet members resigned, he appointed northerners, and sent the Star of the West to carry reinforcements to Fort Sumter. On January 9, 1861, the vessel was far away. Buchanan reverted to a policy of inactivity that continued until he left office. In March 1861 he retired to his Pennsylvania home Wheatland–where he died seven years later–leaving his successor to resolve the frightful issue facing the Nation.
According to Navellier… "If you thought the threat of Social Security going bankrupt was frightening… think again.
Abraham Lincoln became the United States' 16th President in 1861, issuing the Emancipation Proclamation that declared forever free those slaves within the Confederacy in 1863. Lincoln warned the South in his Inaugural Address: "In your hands, my dissatisfied fellow countrymen, and not in mine, is the momentous issue of civil war. The government will not assail you…. You have no oath registered in Heaven to destroy the government, while I shall have the most solemn one to preserve, protect and defend it." Lincoln thought secession illegal, and was willing to use force to defend Federal law and the Union. When Confederate batteries fired on Fort Sumter and forced its surrender, he called on the states for 75,000 volunteers. Four more slave states joined the Confederacy but four remained within the Union. The Civil War had begun. The son of a Kentucky frontiersman, Lincoln had to struggle for a living and for learning. Five months before receiving his party's nomination for President, he sketched his life: "I was born Feb. 12, 1809, in Hardin County, Kentucky. My parents were both born in Virginia, of undistinguished families–second families, perhaps I should say. My mother, who died in my tenth year, was of a family of the name of Hanks…. My father … removed from Kentucky to … Indiana, in my eighth year…. It was a wild region, with many bears and other wild animals still in the woods. There I grew up…. Of course when I came of age I did not know much. Still somehow, I could read, write, and cipher … but that was all." Lincoln made extraordinary efforts to attain knowledge while working on a farm, splitting rails for fences, and keeping store at New Salem, Illinois. He was a captain in the Black Hawk War, spent eight years in the Illinois legislature, and rode the circuit of courts for many years. His law partner said of him, "His ambition was a little engine that knew no rest." He married Mary Todd, and they had four boys, only one of whom lived to maturity. In 1858 Lincoln ran against Stephen A. Douglas for Senator. He lost the election, but in debating with Douglas he gained a national reputation that won him the Republican nomination for President in 1860. As President, he built the Republican Party into a strong national organization. Further, he rallied most of the northern Democrats to the Union cause. On January 1, 1863, he issued the Emancipation Proclamation that declared forever free those slaves within the Confederacy. Lincoln never let the world forget that the Civil War involved an even larger issue. This he stated most movingly in dedicating the military cemetery at Gettysburg: "that we here highly resolve that these dead shall not have died in vain–that this nation, under God, shall have a new birth of freedom–and that government of the people, by the people, for the people, shall not perish from the earth." Lincoln won re-election in 1864, as Union military triumphs heralded an end to the war. In his planning for peace, the President was flexible and generous, encouraging Southerners to lay down their arms and join speedily in reunion. The spirit that guided him was clearly that of his Second Inaugural Address, now inscribed on one wall of the Lincoln Memorial in Washington, D. C.: "With malice toward none; with charity for all; with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in; to bind up the nation's wounds…. " On Good Friday, April 14, 1865, Lincoln was assassinated at Ford's Theatre in Washington by John Wilkes Booth, an actor, who somehow thought he was helping the South. The opposite was the result, for with Lincoln's death, the possibility of peace with magnanimity died.
The scary thing is many retirees (or those close to it) have already paid their dues… yet they're going to be the ones who suffer the most!"
UNLESS they get ahead of it – which is what I'd like to urge folks do tоdау."
Mr. Navellier is now allowing the public to view his urgеnt wаrnіng.
In his nеw video, he'll show you exactly what to do and even learn how to make some mоnеу along the way.
Regards,
Brian Hunt CEO, InvestorPlace
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