LOOK WHAT THE WEALTHY ARE DOING 

Remember to access this week's video and all other links by going to "Extras" from within your David Lukas Show App. 

This is a continuation from last week's show: Look What The Banks Are Doing  Be sure and watch this weeks video below. You don't want to miss it!

Why is this show titled "Look What The Wealthy Are Doing"? Because, under the current IRS tax code, a properly structured cash value life insurance policy, is one of the few assets that provide tax-advantaged access (I.E. Tax-Free Distribution).  In fact, when setup properly, they are treated and taxed exactly like a ROTH IRA. (Both are governed by IRS code section 7702) . It should be noted that many agents do not understand how to setup a policy in this fashion. You should be 100% certain you are working with someone that is an expert in this area. When the right policy is put in place, not only are the proceeds tax-free, but there are much higher contribution limits when compared to ROTH IRAs. (Many people fund these plans at $60,000 per year or more. Compare this to the limitations of ROTH IRA's and the fact that many high income earners can't event participate in a ROTH IRA.

See the entire list of benefits HERE (Also watch the video below)

Watch the video below to see David give a detailed analysis Of a Cash Value Life Insurance Policy VS. an alternative market based account. (From within your App, click on "Extras" and the hit "Play Bonus Content".  There is a lot of negative information out there about cash value life insurance. Much of it is based on a misunderstanding of how these policies work . In fact, many life insurance agents don't even know how to setup a policy to maximize the living benefits that a contract offers. 

Additional Resources to learn more:

SEE: Look What The Banks Are Doing

10MinuteLessonOnLifeInsurance.com 

SEE: How Banks Make Money

Also see the video: Borrowing Strategies.

David and his firm specialize in these advanced insurance strategies and can assist you further on this topic. David and his team can be reached at: (800) 559-0933 or visit: InfiniteFinancialServices.com 

As David promised on this broadcast,  we've included Federal Income tax rate history since its inception in 1913. (See Extras to view Federal Income Tax History)

Look What The Banks Are Doing, Not What They Want You To Do.

As always, if you are reading this from your Smart Phone App, go to "Extras" to access any of the  links that are mentioned below. 

If you haven't done so yet, be sure to check out the following broadcast: Think and Operate Like a Bank and How Banks Make Money

This week David talks about one an asset that banks hold billions and dollars of dollars in. In fact, in a recent period, banks bought up over 40-billion dollars in this asset. What is it you may ask? Banks own billions of Dollars in BOLI's (Banked Owned Life Insurance). The largest banks currently own up to 25% of their safest assets (Tier-One Capital) in Cash Value Life insurance. It's very telling when you study the balance sheets of the very financial institutions who advocate that the average investor on main street speculate with their life's savings while they in fact do the exact opposite. For instance, in a recent 9-month period, Citibank bought up over 1-billion dollars in Cash Value Life Insurance to add to their investment holdings. During this same time period, do you know what Citibank's wholly owned subsidiary was advising their clients when visiting their website? "Buy Term and Invest The Rest" (speculate). This is only one of many examples of the hypocrisy that exist by the Big Banks who own the Major Wall Street firms.

Much of this information can be validated by the research of our good friend Barry Dyke and his book: The Pirates Of Manhattan.  An industry doesn't buy over 40-billion dollars of something that is bad for them during during a shaky economy.

David mentions a few of his recent Show: You Can't Spend Average, The Great Wall Street Retirement Scam

David extensively talks about a Forbes Article: The Real Cost of Owning Mutual Funds Stop and read this article. It's well worth it if you have every owned a mutual fund.

Stay tuned, next week, David is going to break down the numbers behind properly structured cash value policy vs. an alternative market-based investment and how it would realistically performed in comparison to an actual cash value policy. Study the facts and get informed. Those who would have you believe that a cash value policy has no place in your life have ulterior motives. Don't just listen to Wall Street and wand what their advisors are advocating. Studying what they do is more revealing of the truth. Wall Street does NOT want informed people capable of critical thinking to make important financial decisions with regard to their savings. Don't just take our word for it, do your own research.

Listen in to find out why what you thought to be true about Life insurance is not true. It's not just about the death benefits. When you work with someone who understands how to properly structure an over-funded cash value policy, you will come to realize like the banks have that this is one of the most powerful asset classes that can help you weather the upcoming financial storms. 

Till Next week, you can go to: 10MinuteLessonOnLifeInsurance.com 

Also See: An Economic WorkHorse

Who won the game of tic tac toe the first time you played? You and I regularly lost this game as children until we understood the rules and strategy of the game. Do the financial institutions teach you the rules? NO!  They aren’t about to tell you how to play the game. When you learn the rules and strategies of winning  the game,  only then will you turn the banking equation in your favor. Who controls the banking equation in your life? If you don’t control the banking equation, by default, the banks will happily fill this roll.

The average American pays 34.5% of their income to someone else’s bank. Seemingly the solution to this problem is to pay cash for everything. This common mind set seriously hinders people’s ability to accumulate substantial  long term savings. They’ve unknowingly failed to maximize what Albert Einstein said was the eighth wonder of the world: Compounding Interest. SEE: Why Compounding Interest Doesn’t Work. at the following link: https://dlshowonline.com/why-compound-interest-doesnt-work/ or Access this show by clicking on "Extras" from within this app.  Paying cash for life’s major purchases seemingly is a wise financial choice. However, this notion overlooks the fact that We Finance EVERYTHING We buy. We either pay interest, or We give up the ability to earn interest.   Banking is one of the most profitable businesses in the world. (See recent broadcast: How Banks Make Money  here: https://dlshowonline.com/how-banks-make-money/ Be sure to watch the video, Access this show by clicking on "Extras" from within this app.  It’s time you begin to think and operate like a bank, or you will be perpetually  enslaved to a system built to keep you coming back for more.

Watch the video below to understand various banking strategies. What is the most efficient way to go about making life’s major purchases such as automobiles? David, breaks down the math and analyzes multiple borrowing strategies. Always remember:

The way you spend your money is equally important as the act of actually saving your money.

There are two links in the video that you should be able to click on from within the video. Our apologies, there’s a technical glitch and that’s being worked on.

This week David talks about the importance of understanding why much of the prevalent mindset of  achieving  retirements savings objectives is often synonymous with taking on more risk.
 Risk can be defined as exposure to loss. Synonyms for risk in include: To Endanger, Jeopardize, to gamble with, to  take chances, to  put on the line, to put in jeopardy.

The greatest definition of Risk is the likelihood of loss.  Most people mistakenly associate risk (related to their retirement savings) with the probability  that they will "hit it out of the park" or "win big"  by experiencing higher rates of return. The true definition of risk is the likelihood of loss. Let's think through this logic for a moment.... You have to take on more chance of losing everything,  so you can get more money and get ahead? Logically does this make sense? Yet, this is sold to the American public by way most "Financial Advisers" promoting common strategies propagated by Wall Street.

Listen to David explain the real problem behind why many individuals fails to meet their long-term financial objectives. The answer is not found in chasing higher rates of return and subsequently taking on more risk of loss. The answer, is more simple than  you think.

Be sure and watch the accompanying video as David validates these ideas with math.  You can watch this video from your Official David Lukas Show Smart Phone app by going to "Extras" and clicking on "Play Bonus Content"

We've all heard the saying  " If something seems to good to be true, it probably is". However, we should always research something before discounting it as not legitimate. No doubt, many people believed that Edison was crazy in his relentless pursuit of his inventions. His critics most certainly thought his ideas were "Too good to be true", they simply weren't possible.   What about radio? How could people's voices magically fly through the atmosphere? I'm quite sure many people thought these things were too good to be true.  The point is, we should always investigate the facts for ourselves before resolving that something is too good to be true.

When it comes to many topics, we often only hear half-truths. The world of finance is no exception. One such topic that deserves investigation is that of the infamous 0% financing that many of the car manufacturing finance companies offer.  Most all auto manufactures have a finance division. It's a fact that many of the financing companies owned by the car manufactures are more profitable than the car manufacturer themselves.   One such company is General Motors. For years their finance division was immensely profitable in comparison to General Motors. GM was famous for offering their 0% financing offers on their new cars. This begs the question, how could a auto finance company offering zero percent loans still make a sizable profit?

Listen David break down the math behind the "Zero Percent" loans. Too good to be true? Or great deal?

Our apologies, David was feeling a little too sick to do the video he mentioned on air. Check back early next week and it will be posted here! In the mean time, listen to the broadcast. Thanks for your patience!

Please remember to click on "Extras" from your David Lukas Show Smart Phone App to access the video covering how banks make money. Listen to this broadcast and then watch the video. 

This week David dives into the topic of how banks make money. Few people understand this topic, yet almost everyone has a bank account. They use their debit card, they make deposits and they apply for loans for major purchases. Listen to this week's broadcast  and watch the video below to understand the power financial leverage. You will never look at banking the same way again. Who controls the banking equation in your life?

Where to begin? Watch this video and listen to this week's broadcast. Lastly, pick up a copy of David's new book: Whose Future Are You Financing?  Learn how to turn the banking equation in your favor and apply these powerful banking principals in your life.

How Banks Make Money

This week David talks about why The Federal Reserve Can't stop printing Money (Currency).

The real question should be, When will they increase their printing? The fact is, The Federal Reserve Can NOT stop printing. Tune in to learn why.

Now more than ever,  following the common advice propagated by those whom represent Wall Street, The Big Banks and  The Federal Reserve will separate millions of Americans  from their hard earned money. It's absolutely critical to not follow the herd in these less than certain economic times.  Doing so could be at your own peril.

Do you own research,  seek the truth, don't take our word for it. The events that will take place in the coming years will devastate many retirement savings plans and place millions of savers at the mercy of those who control much of the retirement planning industry and the money supply. Banking is misunderstood by almost everyone, yet it has a significant impact on our lives.  Who controls the Banking function in your life? You should be in two professions throughout your lifetime. 1. Your Day Job  2. You must understand and control the banking equation in your life. If you don't, by default the financial institutions will.

Learn The Truth, Study the Facts, and Get Educated.

Where to begin? Be sure to check out David's Recommended Reading List HERE. If you don't own David's new book, Whose Future Are You Financing?,  we recommend you start by reading his book first.

If you would like to learn how to apply sound banking principals in your financial life, contact David's firm, Infinite Financial Services . David  can be reached by calling: 800-559-0933

This Week's Show Prep

CNBC: Did the Fed Just Pop The Stock Market Bubble? 

Forbes: Bernanke Admits To Congress: We Are Printing Money, Just "Not Literally" 

Money News: Easy Money Is A Narcotic

CNBC: The Fed's Hidden agenda behind money-printi

***Please NOTE*** Go to "Extras" from your David Lukas Show App and click on "VIEW PDF" to view the PDF file for this episode. If you want to truely unerstand all that David discussed in this episode, this is a must. (The images referenced below are viewable on the PDF file) Any outside links referenced during this broadcast can be accessed by going to "Extras" and clicking on "Episode Links".

This week, David discusses the history of  The three market periods. David discuses the importance of understanding the difference between average rates of return and actual rates of return. In the financial word this is known as Compound Annual Growth Rate (CAGR) or Real Rate of return. Understanding the difference between these two will help you understand why so many people do not realize the returns or the gains that they expected in terms of the real dollars that they accumulate. Much of the financial world speaks in terms of average rates of return. The problem is, that average returns do not determine how much of your money you get to keep at the end of the journey.  In the real wold, it is the actual rate of return(CAGR)  that determines what you end up with. When you participate in all of the losses in the down years, it has an enormous affect on the actual dollars you will save.

 Note, all of the returns below are BEFORE the eroding effects of taxation or management fees. This substantially reduces the actual or REAL rate of return that one receives on their savings.

During the first market period the actual rate of return on an initial lump sum investment from 1901-1979  would have given you an actual rate of return of 3.57% (Down Jones)

The second market period was the longest running bull market in the history of the markets. There were two key events that caused such growth. The primary reason was the introduction of the qualified plan (401k). For the first time in history millions of Americans were dumping there money in the stock market via payroll deductions and yet were provided NO guarantees. This meant that for the first time hundreds of millions of dollars were flooding the market for the first time in history. There is a direct correlation between the introduction of the 401k and the sharp increase in market growth during this market period.  Prior to this point, the majority  of Americans were not speculating on Wall Street. In fact, in the 1950's the average American had less than 3% of the savings financial vehicles that offered no safety of their principal or guarantees.  Tune in to hear David talk about the 2nd event in history that contributed heavily to the growth during this time period.

The third market period is very telling. Many people have already forgotten 2008. Participating in market losses has an enormous negative impact on your savings. If one had all of the life savings in the sock market let's hope they weren't planning on retiring in 2008!

Below is the S & P 500 (with Dividends) for the last 50 years (1962-2012) At first glance you might think that the there's no big difference between the Average and ACTUAL rate of return. Let's assume that a $10,000 lump sum was invested in 1962-2012 which results in an average rate of return of 10.6%  and an ACTUAL ROR of 9.19% during this 50-year period. This would mean you end up with $811,229 (before fees and taxation). If you received an REAL rate of return of 10.6% (vs. Actual 9.19%) during this time period, you would end up with: $1,540,836!! That's a difference of:  $729,607!! This is validated with a simple future Value financial calculator (see below)

Lastly, if this same $10,000  lump sum was invested in 1962-2012 one was in the 33% tax marginal tax bracket during this period, it would reduce their ACTUAL rate of return to: %6.47 which would mean you would end up with just: $230,035!! This is a far cry from the $1.5 million that the 10.6% that so many confuse with Real returns.  Therefore the 10.6% average rate of return after taxation resulted in $230,035 real dollars that you could spend, NOT $1.5 million. What if this account were subject to management and market based fees? If we assume a this is just 1.5% (see The Hidden Cost of Doing Business, and The Hidden Cost of Mutual Funds) then the REAL rate of return falls to: 5.37%  in which case the 10.6% average rate of return would provide you just $136,929. If you received an REAL rate of return of 10.6% vs. Actual 5.37% (based on assumption above) during this time period, you would end up with: $1,540,836!! NOT the $136,929 (Actual Rate of Return).   The reasons above are why so many Americans gambling their entire life's savings in the market never realize the substantial savings they had hoped and prayed for.

David can be reached at: (800) 559-0933 or David@DLShowOnline.com or visit: InfiniteFinancialServices.com

This week, David is joined by Steve Dejon.

Steve is a noted speaker, mentor, and authority within the annuity marketplace, and was featured on the cover of Senior Market Advisor magazine, June 2006 issue, “Selling $15 million per year of annuities.” Steve is the creator of the Retain Your Gains and Paycheck For Life videos, which educate the retirement-minded on how to protect their assets as they approach retirement and how indexed annuities work to safeguard their money. Steve also teaches consumers on the difference between risky and safe investments based on determining the appropriate diversified combination for their particular circumstances.

Tune in to listen to David and Steve discuss Fixed Indexed Annuities and how they can help you "Retain Your Gains" and provide you a guaranteed "Paycheck For Life".

Learn how to create an income stream that you can never outlive. Even if your account goes to Zero.

Tune in to hear how to lock in your gains without any risk or loss of your money when the stock market goes down.

If you have a 401K, 403B, IRA, CD or any other retirement account, this highly specalized annuity contract very well could be what you have been looking to give you guranteed growth and guranteed income for life.

Learn how to put to use an asset that has been around for over 2,000 years and has successfully been utilized by millions of people throughout history to provide them what we all long for: guaranteed income for life. Call 866-515-6669 to get a a FREE copy of the Retain Your Gains and Paycheck For Life DVD. Your DVD will be mailed to you immediately. You can also go to: YourRetirementCheck.com to request a Free copy of the Educational Videos Steve has put together and has agreed to offer to listeners of of The David Lukas Show. In addition, you will be emailed your personal Paycheck for Life Quote. David can be reached at: (800) 559-093.

Further Research:

Read the published report by the Wharton School of Business regarding Fixed Indexed Annuities 

This week, David is joined by JJ Childers. 

JJ Childers is an Attorney, Author, Speaker, and Mentor. For the past two decades, he has devoted his professional life to helping clients and students learn and employ the strategies necessary to build a life of real wealth. He does this through his “3G Approach” in which he provides people with the information and knowledge to “Get it, Grow it, and Guard it.”

He is a dynamic speaker and has appeared on stages throughout the United States and Canada with such notable figures as Armand Morin, Stephen Pierce, Robert Allen, Mark Victor Hansen, Les Brown, Jay Conrad Levinson, Marshall Sylver, Harv Eker, and many others.tegies necessary to build a life of real wealth. He does this through his “3G Approach” in which he provides people with the information and knowledge to “Get it, Grow it, and Guard it.”

Perhaps his most widely acknowledged claim to fame is as the author of multiple educational programs and books, including the best-seller “Asset Protection 101″ in conjunction with Donald Trump.

JJ is speaking at the upcoming 2013 Economic Freedom Summit. JJ Will be talking about identifying threats to wealth and how to implement legal, time tested proven methods to safe guard your assets. Attend the upcoming Economic Freedom Summit to hear JJ talk about strategies the wealthy use to safe guard their assets. Come learn the tax and legal strategies of the rich at The 2013 Economic Freedom Summit. Visit: EconomicFreedomSummit.com  

Tune in to hear David and JJ discuss important topics related to growing your business, protecting your assets and much more.

Now more than ever, it's critical to be committed to self-education. Tune in, Listen and Learn.

JJ can be reached online at: JJChilders.com or by email: JJ@JJChilders.com 

During this week's show David is joined by Chase Chandler, author of The Wealthy Physician and the Upcoming Book: the Wealthy Family. In addition, Chase is part of the Wealth Freedom Fellowship, and is a featured speaker at this year's 2013 Economic Freedom Summit

Chase and David discuss traditional financial planning and why many of the common strategies propagated by the majority of "financial planners" tragically are not even understood by those that advocate many of the Wall Street based plans that are so prevalent within retirement planning circles.

David talks with Chase about what he will be talking about during the Economic Freedom Summit. Visit: EconomicFreedomSummit.com to learn more about Chase and what he will be covering during this must attend event.

David wraps the show up talking about The Fed's decision not to taper (AKA: Cut back on printing money)

Tune In, Listen and learn.....

David Can be Reached at: (800) 559-0933

This week David shifts gears to talk about his experience over the last week.  David talked about the new addition to his family, Zachary Levi Lukas. Zach was born on 09/19/2013 at 10:10 am.  Listen in as David tells his story of the stress and Joy that he experienced while in the hospital over the last week. David's better Half (Leah Lukas) experienced multiple complications including congestive heart failure.  David would like to especially thank the skill and care of Dr. Marks (at Baptist Health in NLR) during an undoubtedly critical situation. Thank You!!

This week, David is joined in the studio with Dr. Regan Baber.

Dr. Baber will be one of the speakers at the upcoming 2013 Economic Freedom Summit.

Dr. Baber’s Session description at The 2013 Economic Freedom Summit:
It is hard for most people to believe that the all-mighty dollar could fail. But, it is an all too real possibility. This session will show you that it is not only possible, but likely to happen. However, you will also learn how to prepare and prosper from this event.

About Dr. Baber:



Dr. Reagan Baber studied medicine and completed his residency in anesthesiology at the University of Arkansas. Dr. Baber is now board certified by the American Board of Anesthesia. He is currently a senior partner of anesthesia at NEA Baptist Hospital in Jonesboro Arkansas.



In addition to being a successful physician he is also passionate about helping clients implement truly successful wealth creation and management strategies. Dr. Baber is an authorized practitioner through the Infinite Banking Institute, Director of Economics with Chandler Advisors, LLC, and a managing partner of Rahling Capital.

Dr. Baber has become passionate about Austrian economics and how it applies to our economy and how it can be applied to a family’s financial plan. He uses his role with Chandler Advisors to help educate clients about these important topics.

Learn more about The 2013 Economic Freedom Summit at: EconomicFreedomSummit.com Register before October the 2nd and save $100!

This week, David talks about the 2013 Economic Freedom Summit. David is part of the "Wealth Freedom Fellowship". Visit: EconomicFreedomSummit.com now to view a list of the speakers (including David), see the agenda and register online.  Register before October the 2nd to get $100 off. $299 gets you one nights stay at a 5-star Branson Resort, Dinner is provided on Friday Night, Breakfast and Lunch is included on Saturday. 

Tune in to hear David cover all of the details on the very first 2013 Economic Freedom Summit. You will not want to miss this event. It is unlike any other. 

For a limited time you can still get David's new book "Whose Future Are You Financing"  for just $10 when you use the coupon code: DLShow10. Go HERE to purchase for just $10 (shipping included) now. 

Tune in, Listen and Learn.........

As always, you can access any links referenced in this show's transcript by clicking on "Extras" from your smart phone app.

In this show David talks about the continued talk about when The Federal Reserve will taper (cut back on money printing). 

Hear David talk about The 2013 Economic Freedom Summit that is being held this October the 25th and 26th. The event will be at the  Chateau On The Lake, (Visit their website HERE) Come join David and hear him speak at the 2013 Economic Freedom Summit. To learn more and register online, please visit: EconomicFreedomSummit.com Register before October the 2nd and get $100 off. 

This week David talks about The Federal Reserve in relation to the continued speculation when The Federal Reserve will "taper".

Check out the articles David referenced during this broadcast: 

Bloomberg: FOMC Minutes Show Broad Support for Tapering Timeline

Fox Business: U.S. Fed meeting minutes offer few clues on QE3

The harsh reality is that Ben Bernake can't taper. Ben Berkake has no idea how to land this QE plane.

Much of what we see from the supposed "recovery" is an illusion. The printing of all this money is merely delaying the inevitable and has NOT gotten to the root cause the problem. The day of reckoning will come and those not prepared will suffer financially.

As a reminder, for a limited time you can pick up David's new book  "Whose Future Are You Financing, What The Government and Wall Street Don't Want You To Know" for only $10 (shipping included). Use the coupon code: dlshow and click HERE to purchase now.

For a limited time, you can purchase David's new book HERE and put in coupon code DLShow10 to get your copy of David's new book for just $10 (shipping included)

David talks about how many people go to school to get a "good job" but very few take the time to educate themselves on what is really going on in our economy. The long-term financial situation for the majority of Americans is dire.  In this day and age, the consequences for not being committed to self-education will lead to a very unfortunate financial future for many people. I am confident you are NOT one of those people.

The opportunities abound, but regrettably, the vast majority of Americans today are blindly following common strategies advocated by our Government, Banks and Wall Street. Sadly, this course of events has and will separate millions of Americans form their hard earned money.

Question: Is the United States in Danger of loosing it's Word Reserve Currency Status?

Answer: Yes, and;

the process is unfolding before us at a very fast pace.

Questions to ponder:



What would this spell for the average American?



How serious will it be for the average American when the United States looses this privileged status?

What will be the consequences?

For a country with a budget deficit in excess of $1 trillion a year, the consequences of losing standing as the world's reserve currency would be dire.



Here is a quote from Michael Pento, president of Pento Portfolio Strategies: "It's a thousand times more important than a nuclear bomb being tested by North Korea. It's a thousand times more important that we keep the dollar as the world's reserve currency, and yet we are doing everything to abuse that status." -



 David's Show Prep Stack:



CNBC: Is The Dollar Dying? Why US Currency Is In Danger.

Article: A major Update to the "End of America"

Shift From U.S. Dollar As World Reserve Currency Underway – What Will This Mean for America?

The demise of the dollar would bring radical changes to the American lifestyle. When this economic tsunami hits America, it will make the 2008 recession and its aftermath look like no more than a slight bump in the road. For those unprepared, it will be a very undesirable change.

 What do you think? Will the United States loose the coveted status at the premier Reserve Currency of the world?

 You can reach David at his office by calling: 501-218-8880 or by email: David@InfiniteFinancialServices.com

****Please remember that you can access all of the links refereinced in this broadcast from your David Lukas Show App by going to "extras"****

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” ~Henry Ford,

If you remember take just one thing away from this broadcast, please remember this: The Federal Reserve is at the root cause of our Federal Government's spending addiction.  The Federal Reserve is at the root cause  of the out of control, reckless, irresponsible, foolish spending spree that our federal government is engaging in.

In this broadcast David interviews Dr. Bob Murphy.

Robert Murphy is an adjunct scholar of the Mises Institute, where he teaches at the Mises Academy.He runs the blog Free Advice and is the author of The Politically Incorrect Guide to Capitalism, How Privatized Banking Really Works, theStudy Guide to "Man, Economy, and State with Power and Market," the "Human Action" Study Guide,The Politically Incorrect Guide to the Great Depression and the New Deal, and his newest book,Lessons for the Young Economist.

David and Dr. Murphey discuss the difference between Keynesian Economics Vs. The Austrian School of Economics and other topics of interest.

You can learn more about Dr. Bob Murphy by visiting the following links:

ConsultingByRPM.com

wiki.mises.org/wiki/Robert_P._Murphy

Mises.org/Daily/Author/380

David talks about upcoming events that he will be attending. David hopes to see you at an event near you!

Stay tuned for all of the details for the upcoming Economic Freedom Summit that will be held on October the 25th and 26th at The Chateau on The Lake in Branson, MO.  You will be able get all of the details within two weeks at: EconomicFreedomSummit.com

David talks about The documentary: End Of The Road. You can watch the trailer below. If you have an interest in getting your hands on this documentary, you can request it for a steep discount by emailing David at David@DLShowOnline.com Also note, if you have NexFlix, you can watch it as well.

Below is the article David’s talked about on this week’s broadcast. 

How The Federal Reserve Became History’s Biggest Bad Bank

Get David’s new book: Whose Future Are You Financing? What The Government and Wall Street Don’t Want You To Know.  For a limited time, you can get the book for just
$6.95 (shipping included). Be sure to enter in the coupon code “SaveMeTen” at checkout.

If what you thought to be true about your money turned out not to be, when would you want to know?

This week David talks about several upcoming events that he will be attending or speaking at. They are as follows:

Night Of Clarity

Come hear some of the nation’s foremost authorities diagnose the nation’s economic crisis, from the perspective of “Austrian economics.” The all-star lineup features Nashville businessman and financial author L. Carlos Lara; the president of the Foundation for Economic Education, Larry Reed; economist Robert P. Murphy; founder of the Infinite Banking Concept, R. Nelson Nash; historian and NYT bestselling author, Thomas Woods; and headlined by former Congressman Dr. Ron Paul. To Learn more go HERE. The Event takes pace in Nashville, TN.

Economic Freedom Summit 

David will speaking at the upcoming Economic Freedom Summit which will be this October 25th and 26th. The event will be at the  Chateau On The Lake, (Visit their website HERE)

You will want to check back soon as we will have all of the details posted here or soon to be online at: www.EconomicFreedomSummit.com

If you would like to put your name on the list to learn more and be notified when the website is up, you can email:Info@EconomicFreedomSummit.com

To get the full list of upcoming events David will be attending and or speaking at, go to to Upcoming Events on this website.

David talks about the upcoming debt ceiling debate and it's relation to taxes and your 401k plan.

Articles David referenced during this broadcast:

US Blows out $16.7 Trillion Debt Limit

David reads an except out of his book Whose Future Are You Financing? What The Government And Wall Street Don't Want You To Know.  Specifically David reads from the chapter titled "I'm From The Government And I'm Here To Help". To get your hands on David's new book, click on the banner to the right of this text.

You can access any links referenced in this episode by going to "Extras" From your Iphone, Android or Windows 8 App.

David talks about the limited time offer to get a copy of his book for FREE. On 07/20/2013 the book will be made available for no cost as in FREE. Anyone who takes advantage of this offer will will receive a free copy when the book hits the street. Not only is the book free on 07/20/2013 but, so is the shipping!

In addition, David talks about the powerful new documentary called “Banking With Life”. You can also get your hands on this by going here: Get The DVD

David spends much of the show talking about the “Banking Equation”. Listen in to hear David read excerpts from his upcoming book to be resealed in the next few weeks.

Access the two articles David referenced and talked about on this show

LA Times: Bernake Says Federal Reserve is “focused on Main Street”.

UPI.com: Easy Money, the opiate of the U.S. economy

Do you have a question for David? Fill out the short form below and David will answer your question.

Happy Birthday America! David broadcast just a few days after July the 4th. America this last July the 4th of 2013 turned 236 years old.

Tune into hear David talk about the Banking equation. It's imperative to understand what they don't want you to know.

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
~Henry Ford 

David plays a few excerpts from the phenomenal new documentary titled: Banking With Life. Watch the three videos below to get a sneak peak. For a limited time, David is willing to get one of these in your hands at his cost. All you have to do is request one by going emaling GetTheDVD@DLShowOnline.com 

To view a short trailer of The Banking With Life Documentary, click on "Extras" from within your David Lukas Show App. From there click on "Play Bonus Content". This will allow you to play the short preview of the documentary from your smartphone.

Until you understand the Banking equation, you will be enslaved by the system. When you turn the banking equation in your favor, it will change everything. David can be reached at: David@DLShowOnline.com Tune in, listen and learn. Until next week....

This week, David is joined in the Studio by Deron Hamilton who's a partner with Denman, Hamilton, & Associates CPA, PLLC. Deron and David discuss the name change of the firm and what
 this means for their clients.

Some of the other topics David and Deron discuss include:

1. Being proactive when it comes to the topic of payroll in your small business.

2. Making sure you aren't paying a dollar more in taxes than you have to.  (It is estimated that a third of people (and businesses) pay taxes unnecessarily.

3. The importance of Tax planning .

4. What to do if you are behind on paying your taxes.

5.  Two important dates: Sept. 16th and October 15th

6. Penalties for not paying your taxes and what to do when you find yourself in this situation.

7.  Non-Profits and the importance of maintaining good financials (and the repercussions for not doing so)

8.  Working with a CPA firm that understands The Affordable Care Act (Obamacare)

David and Deron discuss his upcoming book. A few topics that will be included in Deron's upcoming book include: 

1. Maximizing cash flow and profitability within your business.
2. Internal controls

and more......

Tune in, Listen and Learn!

Deron can be reached by calling: 501-312-9491

310 Natural Resources Drive
Little Rock, AR 72205
Facebook.com/denmanhamiltoncpa

This week, David continues reading excerpts from his soon to be released book. Whose Future Are You Financing? What The Government And Wall Street Don’t Want You To Know.  To download the first few chapters of the book, go to Extras from your David Lukas Show App.

David will be hosting The Dave Elswick show on Thursday the 27th  from 2-6pm on KARN 102.9FM (Central AR) or live online at: IheartRadio.com  and search for KARN.

David talks about his upcoming show that will air on 07/13/2013  from 1pm till 3pm. David will team up with Steven Blackwood on his "Beyond The Box" radio show which airs at 1pm. Then, Steven will hang around and be on David's show. Stay tuned for more details...

If you want to listen to the show David did on The book, Feel The Fear and Do It Anyway! You can listen to that by looking for the archived show titled "Feel The Fear and Do It Anyway!" from your David Lukas Show App. 

David talks about mortgage planning and the unveiling of his new proprietary software that simply did not exist before now in the financial industry. The software will show you how to pay off your mortgage in half the time or less and at the same time recapture the entire cost of the home.

How much thought do you give to managing your mortgage? It is very important that you separate your HOUSE  from your HOME. (See chart to the right) Items related to your HOME should NEVER be factored in how you decide to manage your home equity. Very few people understand how to prudently manage their home equity. Many people think that paying extra principal payments directly towards their mortgage balance is a wise financial choice. This mistake can cost you hundreds of thousands of dollars.  You can be mortgage free early and at the exact same time have accumulated a substantial amount of tax-free savings.

If you pay extra principal payments directly towards your mortgage balance after you pay it off, all you are left with his a mortgage free house. What if you could pay off your mortgage early, and at the exact same time, have a substantial tax-free savings? You can! There is a better way.

If you would like to learn more about these advanced mortgage planning strategies, David can be reached at 501-218-8880 or David@DavidLukasFinancial.com  

This week, David continues reading excerpts from his soon to be released book. Whose Future Are You Financing? What The Government And Wall Street Don’t Want You To Know.  To download the first few chapters of the book, go HERE.

David talks about the recent Articles titled . The title of this episode is titled “The Gap” in reference to the disparity between returns in Mutual funds and what the actual return a mutual fund investor realizes.  Note: There is a big difference between average rates of return and REAL rates of return. See: The Number Twelve

“PIMCO’s Gross Warns: Get Out of Market, Fed’s QE Chemo Treatment Failing”

Bogle Unsparing in Criticism of Financial Industry 

Call David anytime at 501-218-8880 or email him at: David@DLShowOnline.com

This week, David reads an excerpt from his upcoming Book, "Whose Future Are You Financing? What the Government and Wall Street Don't want you to know."  The excepts relate to the "Mega Banks". Those that are too big to fail. Just 12 banks Control 70% of all banking assets. These are the same banks that continue to receive tax-payer subsidies.

David talks about Mutually Held Dividend Paying Life Insurance companies. The year that ten thousand banks failed it was found that 99.9% of funds deposited with life-insurance companies were found to be safe. In fact, it was the insurance companies, NOT The government, who helped the banks stabilize at that time.

David talks about an asset class that has been in existence for well over 150 years. Wall Street and the media have convinced millions of people that you would be a fool to send a dollar to a life insurance company to allow them to invest it for you. Yet the facts reveal the truth is something all together very different.

Many people do not know that banks own billions of dollars of cash value life insurance. In fact, up to 25% of tier-one capital assets (A banks safest investment)

reside in BOLI's (Bank Owned Life Insurance). At the turn of the century, approximately 50% of American's discretionary savings were held with life insurance companies.

Tune in to find out what is a non-direct recognition company VS. a direct-recognition life insurance company?

There are two primary reasons why so many Americans are  not aware of the immense living benefits that a cash value policy can provide you.

1. Commissions. A properly structured cash value life insurance policy that emphasizes cash accumulation
and living benefits directly reduces commissions paid to a life insurance agent by 60% or more. It’s a sad, but
true, reality. In the sales world, incentive drives behavior. This is one reason many consumers are not
aware such a powerful financial tool exists.

2. Wall Street, and the major financiers of the financial media want you to be convinced that you would be a fool if you ever send a dollar to a life insurance company to allow them to invest it for you. (Every dollar that goes to an insurance company does not go to Wall Street). Unfortunately many advisers have been conditioned to tell you to “buy term and invest the rest.” It also may very well be that they simply do not understand how to properly structure a high cash value policy to help you maximize the living benefits while retaining the death benefit. There is a behind-the-scenes battle that has been taking place for some time.

Tune into to hear David talk about this little understood asset class.

You can reach David anytime by calling 501-218-8880 or email: David@DLShowOnline.com

***Please note to access all of the referenced links in this broadcast from your iphone or android phone, simply click on "extas".

The FDIC (Federal Deposit Insurance Corporation) currently insures deposits up to $250,000 per account. You can’t miss the FDIC sign when you are making your deposit at the bank. However, most people do not know that the FDIC currently has only 0.45 percent in their deposit insurance fund. (as of December 31 , 2012).

What does this mean to you? For every dollar that you deposit into an FDIC insured account, less than one penny is held in the FDIC's Deposit Insurance Fund (DIF)! For every $100 you deposit there they have just forty-five cents is in the insurance fund. The FDIC's goal (as mandated by Dodd-Frank Act)  is to reach 1.35% reserve ratios by September 30, 2020. This would mean that they have $1.35 for every $100 you have on deposit. See the recently published memorandum by the FDIC.

Banks only have to hold a fraction of their depositor's money. What does this mean? If you deposit $1,000 into your bank account, the bank now has the legal ability to loan out 90% of this money to someone else. We know that there is approximately just 5% of American dollars circulating as actual currency.

In banking, they are only required to hold $1 in reserve for every $10 that they lend out. So if they take in $10, they can legally loan out $90.   Banks are inherently unstable as evidenced by the fact that between the years of 1981 to 1996 approximately 2,900 banks failed in the U.S. More recently, hundreds of banks have failed since January of 2008. Click on the following Link http://graphicsweb.wsj.com/documents/Failed-US-Banks.html to visually track bank failures over the last few years. Since 2008 there have been over 386 bank failures. There were ten bank failures in the last two months.  See the FDIC's official bank failure list: http://www.fdic.gov/bank/individual/failed/banklist.html

Many people are unaware that if just a small percentage of their bank’s clientele demanded to withdraw cash from their bank all at the same time, the money isn't there. So if everybody did a run on the bank, the money’s not there. Remember what happened to George Bailey in “It’s a Wonderful Life”? That’s a very real scenario that could happen again if we hit major economic turbulence.

IF there is any major shake in economic confidence in any way, there is a very small portion of that money that is actually paper, Federal Reserve notes. The rest is digital money that exists only in electronic form. It’s nothing more than a number.

On the FDIC's own website, they list out financial vehicles that are insured by the FDIC and financial products that are not. One such institution they list as not FDIC insured are insurance products.

David's talks about the history of the Insurance Industry and why insurance companies are inherently more stable. One example is that Insurance companies hold a dollar-for-dollar reserve on any deposits from their policy holders.

In the early 1900's, 50% of American's discretionary savings were held with life insurance companies. In fact, the year that ten-thousand banks failed, it was the insurance industry that provided the cash to the banks to help them get back on their feet, not the federal government.

Listen in as David talks about the FDIC in much more detail.

You can download a sample copy of David's upcoming book titled "Whose Future Are You Financing? What The Government and Wall Street don't want you to know. To read the first 16 pages go here: http://dlshowonline.com/download-sneak-peak/

David can be reached at 501-218-8880 or by email: David@DLShowOnline.com

This week David talks about a very important subject. Washington’s lust for Americans’ retirement savings.

The recent Cyprus bank crisis has made everyone (or at least those who have saved their money) keenly aware that something like this could happen to them. Tune in to hear David talk about recent events.

Also to tune in to hear David read an excerpt from his upcoming new book titled: Whose Future Are You Financing? What The Government and Wall Street Don't Want You to Know.

David's Show Prep: (To access these articles and links, from your David Lukas Show Iphone or Android app, simply go to "Extras" )

Forbes.com: How Washington Plans To Steal Your Savings

Forbes.com Why A Cyprus-Like Seizure Of Your Money Could Happen Here

Townhall.com: Obama's Budget Targets IRA Savings

American Thinker: The Feds Want Your Retirement Accounts 

Call David today at 501-218-8880 or visit: InfiniteFinancialServices.com 

This week, David invited Brent Carpenter on the show to talk about what He is up to at to. Brent is the owner of Quality Air of Arkansas.  Brent's company is a new supporter of TheDavid Lukas Show.

Brent and David talk about Entergy's Coolsaver program. The Coolsaver program allows you to receive a $249.00 service for just$74.00! This is because Entergy has agreed to pay $175.00 of your bill for you! That's right, if you are an Entergy customer, they have partnered with Quality Air of Arkansas to provide you this service for only $74.00. Entergy pays Quality Air of Arkansas the other $175!

Listen in, to learn all about this new little known program to Entergy Customers. To learn more visit http://www.QualityAirAr.com/CoolSaver or You can download more info below:

Call Brent today at: 501-425-8267 to have Entergy pay $175.00 of your bill!

*****PLEASE NOTE**** This show has bonus audio content. Please click on "Extras" from your David Lukas Show Smart Phone app to listen to the bonus content. (20+ extra minutes of audio that did not air on KARN 102.9FM)

"What is your rate?" If this is the first thing you ask when you talk to a loan officer when buying or refinancing, or the only thing you focus on, then it could cost you.

For most consumers, the most important part of finding the right mortgage is convincing themselves they have found the “lowest” interest rate. The fact is a great rate on the wrong mortgage strategy can cost you thousands of dollars over the life of the loan. Lowest rate, does NOT always save you the most money.

Managing your assets without managing you largest debt, is like heating and cooling your homes with the windows wide open!

Tune in to hear David talk about the importance of understanding how home equity works.  Many people mistakenly assume that home equity is like cash in the bank.

Learn the history of mortgages and why so many people lost their homes during the great depression. The rules have changed significantly.The fact is, Americans devote the largest portion of their incomes to housing. Consequently, how you handle the financing of your home will have far-reaching implications on virtually every area of your financial life, including your ability to save, pay for college, and plan for your retirement.

Listen in as David challenges conventional wisdom when it comes to mortgage financing. 

If what you thought to be true about your mortgage turned out not to be, when would you want to know?

Be sure to download the following 

No matter who you decide to handle the financing of your home, you owe it to yourself to go through the mortgage planning process. You can reach David who is the only Certified Mortgage Planning Specialist in the state of Arkansas by calling 501-218-8880 or email David at: David@InfiniteFinancialServices.com 

This week, David is joined by John Little to discuss an important topic. David and John talk about a recent published study titled "The 4 Percent Rule is Not Safe in a Low-Yield World." The study argues that advisers make a grave mistake in basing their clients retirement plans on historical returns that may be an anomaly.

Some highlights from the study:
Investment companies often include in their disclosures that "past returns do not guarantee future results" but to the study's co-author, Michael Finke, says that's not just rhetoric. "We're trying to acknowledge what present reality looks like and apply that reality to the retirement income plan", Finke says. There is no reason to believe that the market for assets in the 21st century is going to look like the market for assets in the 20th century.

"Most planners take some comfort in knowing that the 4% inflation-adjusted withdraw rate wouldn't cause a retiree to run out of money in a 30-year retirement. Previous studies that supported the 4% rate used historical yield data that don't look anything like what new retirees are facing today."

The study concludes that the probability of a retiree running out of money is very real and many financial planners are setting up their clients to run out of money.

Recomended Reading: (Access the articels below by going to "Extras" from your David Lukas Show Iphone or Android App. 

Advisor One: 4% Reitrement Rule is Dead
Marketwatch: Stocks dead, bonds deader till 2022: Pimco
Chicago Tribune: Study Urges Caution With Retirement Funds

You can reach David and John at: 501-218-8880 or online at: InfiniteFinancialServices.com 

David had some fun this week as well as David spent much of the show talking about a recent question by posted on his Facebook page posted by one of his listeners.

1913: The Federal Reserve is formed. The Federal Reserve is not American, not federal, has no reserves, and is not a bank. It is controlled by some of the richest and politically influential families in the world. It has the power to create money out of thin air. Institutions like The Federal Reserve have been staunchly opposed by designers of the Constitution, and by presidents such as George Washington and Thomas Jefferson ~Robert Kiyosaki; Rich Dad's Conspiracy of The Rich.

 Every dollar that exist today, either in the form of currency, checkbook money, or even credit card money-in other words, our entire money supply exist only because it was borrowed by someone; perhaps not you, but someone. That means all the American dollars in the entire world are earning daily compounding interest for the banks which created them. ~G. Edward Griffin; The Creature From Jekyll Island 

The question had to do with the recent news that The Federal Reserve leaked the minutes from the recent FOMC minutes to twelve banks a day early.

SEE CNBC article: These 12 Banks Got the Fed Minutes a Day Early (Iphone or Android users click on "Extras" to see article).

David talks about the questions that all Americans should demand that they know from The Federal Reserve.

David talks about Wall Street's love affair with The Federal Reserve's easy money policies.

Tune In Listen and Learn!

It's everyone's favorite time of year (not really). The tax deadline is upon us. The fact is that there are a large number of people who overpay their taxes simply because they aren't proactive. Part of being proactive is working with a qualified CPA.

David invited Deron Hamilton from MY CPA, LLC onto the show. Deron is a supporter of what we are doing here on The David Lukas Show.

Are you paying taxes unnecessarily? Are you working with a seasonal tax person or qualified CPA? There is a big difference between the two. Everyone is familiar with the tax companies that only prepare taxes seasonally. Just about everyone has seen "Lady Liberty" or "Uncle Sam" jumping up and down on the local street corner promoting quick tax preparations and refunds? They are everywhere during tax time. It's hard to miss them.

If you are entrusting your tax preparation to a seasonal company like this, you are more than likely missing out on legitimate tax deductions that are available to you.

Deron and David also discuss common tax-fraud tactics Including:

Claiming the American Opportunity Credit which allows people to receive a large tax credit for college expenses. Many people are claiming this credit even when they are not in school.

Deron and David talk about the earned income tax credit. (Or what David likes to call UN-Earned Tax Credit)

It's not just about taxes. A good CPA can assist you with:

Internal Controls
IRS-Audits
Audits from other state and federal agencies.
Filing Extensions
Advanced Tax Planning Strategies
Accounting. (Not just bookkeeping)
Financial Statement Analysis
Business Entity Planning
Assistance in helping a business owner compare it's profitability to other competitors in a local market.David and Deron cover allot of ground in this short broadcast.  Tune In, Listen and Learn!

Call Deron Hamilton at MY CPA, LLC to file your free extension or to take advantage of a free tax-planning  analysis. 

Deron can be reached at 501-661-1820

MY CPA, LLC is located at: 310 Natural Resources Drive Little Rock, AR 72205

To understand the core problem in America today, we have to look back to the very founding of our country.

The Founding Fathers fought for liberty and justice. But they also fought for a sound economy and freedom from the tyranny of big banks:

“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.”- John Adams

“I believe that banking institutions are more dangerous to our liberties than standing armies…The issuing power should be taken from the banks and restored to the Government, to whom it properly belongs.”- Thomas Jefferson

“If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied”.
— Thomas Jefferson

“The Founding Fathers of this great land had no difficulty whatsoever understanding the agenda of bankers, and they frequently referred to them and their kind as, quote, ‘friends of paper money. They hated the Bank of England, in particular, and felt that even were we successful in winning our independence from England and King George, we could never truly be a nation of freemen, unless we had an honest money system. ”-Peter Kershaw, author of the 1994 booklet “Economic Solutions”

The above excepts are from the following blog post:http://www.washingtonsblog.com/2013/03/stunning-facts-about-how-the-banking-system-really-works-and-how-it-is-destroying-america.html

The average American pays over 30% of their income in interest to a bank. If you can solve the finance equation in your life, (create your own banking system) it will have tremendous impact on your financial future.

Please note that I (David) do not support the government having unrestrained control over the money supply.  Even if there were no central bank in the U.S., it would not solve the problem unless we return to a sound monetary system and abandon the nation's love affair with Fiat Currency. Fiat currency is  money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard (such as gold or silver). It is money without intrinsic value.

Neither Wall Street nor the Government wants an informed public, your best defense is an informed mind.

Tune in, Listen and Learn!

You can reach David anytime at: 501-218-8880

"Capitalism without failure is like religion without sin - it just doesn't work." Allan Maultzer, economist.

"The ultimate result of shielding men from the effects of folly is to fill the world with fools." Herbert Spencer, English philosopher.

So what if you found out that the largest U.S. banks aren't really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?

It's important to know that the big banks would not exist today if it weren't for tax-payer subsidies. These banks have been deemed "too big to fail". These same banks have an insatiable appetite for your money. The fact is that .03 cents of every dollar collected by our federal government goes to prop up these banks.

You can read the Bloomberg article for yourself. Click HERE to read. (click on "extras" from your smart phone app to view link)

Also See: ALL of Big Banks’ Profits Come from Taxpayer Bailouts & Subsidies (click on "extras" from your smart phone app to view link)

The average American forks over about thirty-five cents of every dollar in interest cost paid to some bank or finance company. Approximately 70% of the assets are held by the nation's largest banks.  

Unfortunately, many Americans are too busy chasing higher rates of return all the while taking unnecessary risk ,when the real problem is the volume of interest that one is paying.  Having a large pool of accessible capital under your control makes you financially stronger because you're not dependent on a third party.  If you can solve the need for finance and create your own banking system, it will change everything for you. It will fundamentally transform the way you think about your money.

Remember, it’s not your rate of return or where you money is that matters, but rather, how your money works.

When you learn to maximize the efficiency of your money, you can begin to create your own personal monetary system and literally recapture all of the interest that you are currently paying to banking institutions. Call David to learn more about the Sound Money Solution.

If what you thought to be true about your money turned out not to be true, when would you want to know?

David can be reached at 501-218-8880

Tune in, Listen and Learn!

Many in Washington see our investment accounts not as the expressions of well-planned, disciplined decisions but as untapped reservoirs of wealth they can drain to fix the problems that they caused.

Is the same federal government that has Social Security headed for bankruptcy looking to mess with your 401(k) or IRA? YES

The new Consumer Financial Protection Bureau (CFPB), is eyeing your qualified plan.

Do you remember Ronald Reagan’s famous quote about the nine most terrifying words?  “I’m from the government and i’m here to help.”   You can bet anytime something is advocated by politicians or bureaucrats under the auspices of protecting you, that most likely, you will be harmed and not helped.

This show, David dives into the topic of  Washington’s lust for Americans’ retirement investments.

Below are links to articles on this subject. Read and decide for yourself. (From your Iphone or Android, click on "Extras" to access links)

Bloomberg: Retirement Savings Accounts Draw U.S. Consumer Bureau Attention

Bloomberg: Capping Top Earners’ 401(k) Seen as Cost Cutter

FoxNews: Is your retirement account safe from our government?

Investors Business Daily: Does Government Want To Drain Americans’ 401(k) Plan?

Wall Street has been successful in convincing the public the only way to save is by speculating in the market. (Listen to: The Great Wall Street Retirement Scam)  Many people are not aware that there are options available that allows them to accumulate their savings tax-free as well as spend their savings tax-free.  A dollar in taxes paid unnecessarily not only cost you what you lost, but also what what that dollar could have earned had you not gave it away.

Have a question for David or would like to meet with David to discuss your specific situation? He can be reached at: 501-218-8880 or via email: David@DLShowOnline.com

David wraps up this week’s show talking about one of his favorite musicians Josh Garrels. David plays the song Beyond The Blue. Right now for the next two weeks you can down load all five of his albums for FREE! To download go here: http://noisetrade.com/joshgarrels

Be thankful for another day here on planet earth and live in today! ~DL

How familiar are you with Bitcoins? There is an alternative decentralized currency that is gaining popularity among those who despise our current monetary system. Unlike modern currency, which can be brought into existence at the whim of politicians or a central bank, leading to each note being devalued, the number of Bitcoins is governed by predictable mathematical algorithms. That's made Bitcoin popular among libertarians and other activists skeptical of the Federal Reserve

Recent articles on Bitcons: (To access these articles on your Smartphone click on "Extras")

CNET Article

CNN Money Article

BusinessInsider.com  Article

The second half of the show David Talks about his recent blog post he wrote titled: You Finance Everything You Buy. Read the post for yourself.  The common advice on how one handles major capital purchases is to pay cash. ostensibly this is the wise choice. Even those touting to be financial experts such as Dave Ramsey claim that you should always pay cash for everything. This thought process totally overlooks fundamental truths such as the time value of money and lost opportunity cost.

The way you spend your money is as equally important as the act of actually saving your money.

If what you thought to be true about your money turned out not to be, when would you want to know about it?

Tune In, Listen and Learn......

You can reach David at: 501-952-3090 or interact with him on Facebook.com/DLShow

David spends some time talking about the need to understand economics and banking.

"Where did the money come from? It came, and this is the most important single thing to know about modern banking-it came out of thin air. Commercial banks that is, fractional reserve banks-create money out of thin air". ~Murray N. Rothbard

Tune in to hear David talk about this history our money and our monetary system.

The word "Inflation" originally applied solely to the quantity of money. It meant that the volume of money was inflated, blown up, overextended. It is not mere pedantry to insist that the word should be used only in its original meaning. To use it to mean "a rise in prices" is to deflect attention away from the real cause of inflation and the real cure for it ~ Henry Hazlitt

As always, you can reach David by calling: 501-952-3090 or email him: David@DLShowOnline.com

A dollar paid in taxes that you could have avoided, not only cost you that dollar, but what that dollar could have earned you had you been able to keep it.

This week, David is joined by Dernon Hamilon, CPA and owner of MY CPA, LLC.

Tune in to hear David and Deron chat about important upcoming changes related to everyone's favorite topic, taxes.

If what you thought to be true about taxes turned out not to be, when would you want to know about it?

Tune In, Listen and Learn.......

You can reach Deron Hamilton, CPA at: 501-312-9419. As always, you can reach David anytime by calling 501-218-8880

When something comes along that's outside of your box of knowledge, you have two choices. You can ignore it, or you can get a bigger box!

This week, David is joined by John Little in the studio.

 David spends the majority of this episode talking about the importance of being efficient with your business operations.

 Many advisers have all kinds of ideas on where you should invest the money your business is generating . When it comes right down to it, the best place to invest your money is within your own company. This is simply because your business is something you have an intimate knowledge of and have a relative degree of control over. Any income your business generates is an investment return. There are more opportunities in focusing on the efficiency of your existing business cash flows than  ever helping you pick better investment opportunities outside of your business.

What if you could loan your business "your personal savings" potentially earning a higher rate of return on those dollars while at the same time deducting the interest your business pays to use your money? This would enable you to be in a financial position to be the bank rather than a customer of the bank.

 1.By being more efficient with existing cash flows your business can have guaranteed access to money for business expansion. You will have the ability to expand your business by 25 percent or more per year without ever calling a bank.

2. Any Guaranteed loans you decide to take advantage of is fully tax-deductible under current IRS rules.

3. Any loans you take out have unstructured loan payments. In other words, you as the business owner decide when and how your loans are paid back. There are no monthly minimums. This is great to meet a business owner's cash flow needs.

4. The interest rates on any guaranteed loans you elect to take advantage of are set by Moody's Bond Index.

5.  Once you gain the knowledge of how banking, economics and the efficiency of money works, Your business can accumulate an increasing pool of capital, providing accessibility, control as well as uninterrupted compounding interest on your existing cash flows.

A dollar paid in taxes you could have avoided, not only cost you that dollar, but what that dollar could have earned you over the next 5, 10, 20 or even 30 years this is what is known as lost opportunity cost.

These are the exact same strategies many large and well known companies have put to use for decades. 

If there are currently unnecessary expense losses your business is loosing that you could have avoided, when would you want to know about it?

Put to work the same concepts that large corporations have used for years. To learn more, you can reach David Lukas at 501-218-8880 Email David anytime at David@InfiniteFinancialServices.com or online at: InfiniteFinancialServices.com

Think the creation of money is a boring subject? Think again! Just how much do you know about that Federal Reserve Note that’s in your wallet?

The American Heritage Dictionary defines fiat money as “paper money decreed legal tender, not backed by gold or silver.” The two characteristics of fiat money therefore, are, it does not represent anything of intrinsic value and (2) it is decreed legal tender. Legal tender simply means that there is a law requiring everyone to accept the currency in commerce.

 “We are living in an age of fiat money, and it is sobering to realize that every previous civilization in history that has adopted such money have always economically been destroyed by it.”

Listen to David Interview G. Edward Griffin, author of The Creature From Jekyll Island.

From the back of the book: Where does money come from? Where does it go? Who makes it? The money magicians secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money.

TUNE IN TO HEAR DAVID AND MR. GRIFFIN DISCUSS:

The secret meeting on Jekyll Island in Georgia at which the Federal Reserve was conceived. This meeting consisted of 6 men who represented 25% of the worlds ENTIRE wealth and the time.  This meeting was the birth of the banking cartel better known as The Federal Reserve. The strategy was to protect its members from competition; the strategy of how to convince Congress and the public that this cartel was an agency of the United States Government.

The basic plan for the Fed system was drafted at a secret meeting held in Nov. of 1910 at the private resort of J.P. Morgan on Jekyll Island Off the coast of Georgia. Those who attended represented the great financial institutions of Wall Street and indirectly, Europe as well. The reason for secrecy was simple, had it been known the rival factions of the banking community had joined together, the public would have been alerted to the possibility that the bankers were plotting an agreement to eliminate their competitors, which of course is exactly what they were doing.

The stated objective of The Federal Reserve System is to stabilize the economy, yet since its inception, it has presided over the crashes of 1921 and 1929; the great depression of 29’ to 39’ recession in 53’ 57’ 69’ 75’ and 1981, the stock market “Black Monday” in 87’ and 1000% inflation which has destroyed 90% of the value of our dollar.  Inflation is the largest hidden tax known to man. What the public would never tolerate through direct taxation, they have unknowingly  been subjected to an enourmous hidden tax. The tax of inflation. In terms of The Federal Reserve acheiving their true objectives, they have been an unqualified success.

THE MANDRAKE MECHANISM

Listen in as David and G. Edward Griffin discuss The Mandrake Mechanism.  Mr. Griffin coined the term The Mandrake Mechanism, which is the process by which money is created within our economy. This process is unknown by the vast majority of the public.

“The few who understand the system will either be so interested in its profits or be so dependent upon its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint” The Rothschild brothers of London writing to associates in New York, 1863.

A consequence of the national banking system was to make it impossible from that date forward for the federal government ever to get out of debt. It is a little known fact that all of the currency circulating within our economy was created out of debt. Our current monetary system utilizes mostly government bonds as backing for the money supply, it has locked the nation into perpetual debt.

Even advocates of central banking have admitted this reality. Economist John Galbraith stated “ following the civil war, the Federal Government ran a heavy surplus.  However, it could not pay off it’s debt, retire its securities, because to do so mean there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.”

David and Mr. Griffin briefly talk about the IMF and The World Bank.

Congress passed the Monetary Control Act of 1980 which authorized the Federal Reserve to “monetize foreign debt”.  That is banker language meaning that the fed was now authorized to create money out of nothing for the purpose of lending to foreign governments. Until that moment, it was only allowed to make money for the American Government. Since then, The Federal Reserve has been functioning as a central bank for the entire world!

Think the creation of money is a boring subject? Think again! Just how much do you know about that Federal Reserve Note that's in your wallet? Tune in to listen to David interview G. Edward Griffin, author of The Creature From Jekyll Island.

To make smart decesions with your money, It's  imperative that you understand what is really going. If you would like to talk to David about this topic or any other topic, call him anytime at: 501-952-3090.

To learn more about G. Edward Griffin and to order his book, visit:

www.RealityZone.com

www.FreedomForceInternational.org

Wikipedia Entry for G. Edward Griffin

Remember that you can access all links on this page by clicking on "Extras" on your David Lukas Show smart phone app or your Ipad or Android Device. 

The value of your business is larger than some and certainly some businesses are larger than yours. There is one thing that all business owners have in common and that is they want their 
business to grow!

This week David dives into a very important topic. If you are a business owner, this show is dedicated to you! You wake up every day unemployed, and you don't get paid till someone says  "yes, I want your product!"

The entrepreneurial spirit and the hard work that every business owner invests into their business is to be honored. The many hours of sacrifice, blood, sweat and tears behind the scenes that every entrepreneur experiences is to be commended. All of this energy is expended without any guarantee of success.

The small business owner is the primary job creator in this great country of ours and any success they achieve is despite all of the obstacles in front of them . They overcome these adversities and not only improve their lives, but also those they employ that help them accomplish their mission.

This is what makes America work, not the bureaucrats in Washington D.C.  If you work for a small business owner, thank them! If you are a small business owner, you know what we are talking about first hand!

How efficient is your business? You may be loosing money due to expense loss that you have no idea that is even taking place. Expense loss is not only the money you are forced to spend which is simply the cost of doing business, but also money you could be loosing unknowing and unnecessarily.

There are only two ways people other than you can make a substantial impact on your business. One would require an intimate knowledge of your business to find new markets or better opportunities for growth. This often requires increased risk for your and your company. The second way would be for someone to help you become more efficient with what you are currently doing and reduce areas of risk and loss. Obviously if you knew where the losses were occurring you would already solved these issues.

Many advisers have ideas of where you should invest the money your business is generating. When it comes right down to it, there is no better place to invest your money than in your own company, simply because it is something you know and can control to some degree. The money your company generates is investment return. There is more opportunity to positively impact your business financially by avoiding expense losses than ever picking better investment opportunities.

There is more power in minimizing the losses than every trying to pick the winners.

Tune in to hear David discuss what you thought to be true about your business may not be. There is a better way. Call David anytime: 501-952-3090

If what you thought to be true turned out not to be, when would you want to know about it? David spends a few minutes talking about The Circle of Knowledge. There are three types of 
knowledge in the universe.

1. What you know to be true. I.E. You know the sky is blue.

2. What you don't know. You know that it exist, but you don't know much about it. You are consciously incompetent in these matters.  I.E. Brain Surgery.

3.  Everything else that is exist in the universe is what you are unconsciously incompetent in. This is related to topics you don't even know exist. They reside in your blind spot.

Your blinds spot can be likened to you driving down the interstate and you look in your rear view mirror. You don't see anything. You then look in your side mirror and you still don't see anything. You then look over your left shoulder and all of a sudden there's a 3000 pound vehicle traveling at the same speed you are. Now the question is: Was that vehicle there all along, or did it appear just when you saw it? You see, that car is like the information in the universe, it's out there traveling at the same speed as you are, but you have no awareness of it.

Is your income common, or uncommon? The answer may just surprise you.

Tune in to hear David discuss the topic of being more efficient with your money. Where is the first place you focus on when looking to achieve a balanced cash flow model? What is a balanced cash flow model? When you are saving enough today to ensure that you can live at the same standard of living adjusted for inflation when you no longer have earned income. The vast majority of advisers will narrowly focus on the area of accumulated money. While this is certainly important, this is not the first place one should look to increase their wealth. This results in many taking unnecessarily risk with their money.

David would love to hear from you on this topic or anything else that's on your mind. Call David anytime at 501-218-8880

This is the first show that David did in 2013. David talks about a variety of topics including:

Fiat Money, what is it? Our current form of currency that we use (The U.S. Dollar) is not backed by anything of intrinsic value. History has not been kind to civilizations that instituted what is happening right here in America today.

David talks about the Spender, the Saver and the Wealth Creator and The Personal Economic Flow Model

**Note** On the next show, David will make a clarification in regards to a how you finance a major capital purchase and  the difference between compounding interest and amortizing interest. Once you factor in the total cost of ownership which factors in lost opportunity cost, or principal and interest at interest, the cost is the exact same assuming the rate of return is the same as the cost you are borrowing. The cost are the exact same if you pay cash or you finance your purchase. (see below) However, having liquidity use and control of your money and uninterrupted compounding interest, are reasons to considering borrowing instead of paying cash. (see example below).

Tune in next week or give David a call at 501-218-8880