You are Rich if You Have $2000 | I Allegedly

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Summary

➡ I Allegedly talks about how the state medical program, Medi-Cal, in California is lowering its financial requirements, meaning people with a net worth of only $2,000 can qualify. This change could potentially eliminate 155,000 people from the program, saving the state $94 million in the first year. However, this could leave many, including those with disabilities and the elderly, without necessary medical care. Additionally, there are concerns about fraudulent activities involving SNAP benefits and issues with the real estate market in Florida and Texas.

➡ The text discusses various topics including a potential scandal involving illegal use of a stamp on housing plans in Florida, the high prices of vintage Volkswagen buses, the importance of investing in gold, the closure of underperforming auto stores, and the potential for economic collapse as predicted by Jamie Diamond. It also mentions the cold weather in Connecticut, great sales at JCPenney, potential bankruptcy of Cedar Point amusement park, layoffs at Knott’s Berry Farm, and the end of paid parking at Resorts World in Las Vegas.

➡ Nowadays, even walking in certain places requires payment due to computerized systems that track your license plate. If you lose your ticket, they can send you a picture of your license plate and the time you entered. This trend is spreading to various places like amusement parks and muffler shops, which are all struggling financially. The text ends with the author expressing enjoyment over VW buses and urging readers to like, subscribe, and email him.

 

Transcript

Hey, it’s Dan. Welcome back. This is I Allegedly. And I’ve got a good one for you today because imagine being told that you’re wealthy because you have $2,000. Crazy. Lot to cover today. Hit the like button, subscribe to the channel, and let’s get right into it. I am walking through the Volkswagen bus festival that they have the first weekend of June every year at the Huntington Beach. So I’ve just decided to put myself as an insert here so that you guys can enjoy the UW buses. Think about this one, guys. Imagine being told that you are wealthy if you have $2,000.

$2,000. Net worth of two grand. This is insane. Medi-Cal is the state medical program that takes care of basically the elderly and people that are disabled and very sick. And they have since lowered the requirements to qualify for this. And at one point it was $300,000 in net worth, $386,000. And then they lowered it to $186,000, which is still not a lot of money for your net worth. And what happens is that now, because the state has a budget short call here in California, and here’s the problem with this. If they do this in California, they’re going to do this in other states.

This is where you’re going to get the problem. So think about this. They want to lower the most money that people can have as a net worth down to $2,000, which is nothing. There’s a woman that’s in a wheelchair, Cindy Soto, and she just inherited $8,000. It doesn’t qualify. So now they’re going to kick her off of Medi-Cal. Isn’t that terrible? I mean, there’s a place in hell for these people. And Governor Newsom, our governor here, how can we fix this shortfall? Well, if we do this, if we cut these people, we could basically eliminate 155,000 people off these programs and save ourselves initially in the first year, $94 million.

I’m telling you, there’s a death tax for you. You don’t get medical care. You’re going to die. You are in a wheelchair and you need special assistance. You need somebody to watch over you, take care of you, bathe you, you know, just general medical care. And you don’t get that. Buy. Block is ticking at people like that. But again, this state is notorious for not being able to run itself properly. So what do you do? You go out and you tax people or you eliminate services. And this is just inhumane. One word was draconian, draconian.

And it’s terrible. These people have nothing. And now they’re going to be given less. No more medical help. And you guys have to understand this. There’s a lot of people built in the infrastructures of these different programs that are out there. And they have a group of people they deal with. You know, I have an aunt that’s very sick and we were trying to get her some help. But it’s funny. They’re loaded. Okay. Understand this. They have a lot of money. And what it would be nice would be to have somebody, one of the nurses that’s familiar with her program, to help come and see her maybe two hours a week, and you can go out and hire private nurses and things like that.

But that’s what these programs were built for. So, you know, Governor Newsom will never be president of the United States for things like this. Because people are going to sit there and say, how many people did you kill by making the financial requirements get lower to $2,000? It’s horrible. It’s horrible. None of you think you’re rich. A lot of people are dead broke right now. You have to sit there and to understand that you haven’t seen anything yet. It’s going to get worse before it gets better. And let me know what you think about this, because I think it’s amazing.

Now, we’ve seen a lot of wild fraud stories, different crimes and things like that. When you hear about this stuff, I’m always blown away by that. Here’s the latest one out of the Southern District of New York. And this involves a USDA employee getting people SNAP benefits. SNAP benefits are the food benefits. Now, think about this. What this one USDA employee did was she would go out and she would say, oh, would you like to get a SNAP machine inside your business? We’re businesses that did not qualify for it. You can have this, and you can give people these benefits, but you’ve got to pay us a kickback.

They got $66 million from this program. $66 million. Now, who would have a problem arresting these people? I wouldn’t. I would get glee and joy out of this. But again, get so many people involved. They weren’t happy getting a million, 10, 15, 66 million. And it involved people that did not qualify for these programs and getting these machines. It takes a certain type of machine to swipe the card so that you can pay the benefits out. We are seeing tragedy in Florida where people are not being able to sell their houses. There’s two areas I want to talk about.

One is Galveston, Texas, that had a flurry of homes getting sold. Galveston is really unique because it’s basically an island. And basically, a lot of these houses are built on stilts. So if any flooding or the ocean comes in, these people are not going to be underwater. But you have houses that people bought to Airbnb and to have as vacation homes. And they are not selling right now. They’re in the market six months. And people are so upside down. The next logical step is to short sale these homes and go back to the bank. Now, the next area I know really well, because I have an aunt that lives in this city, Fort Myers.

But they bought their house in the 80s. So I’m not worried about Aunt Sally and her house. So the point is that here you’ve got homes that have been on the market six months. And there’s nothing that differentiates you from the neighbors. Nothing. Nothing at all. And in fact, you have all these HOA problems. And you’ve got all these different things. And it’s funny, I talked to a buddy of mine today. He’s like, yeah, my brother’s buying a townhouse in Florida. They’ve built a lot of these things with elevators in it. It’s like, I guess everybody’s old.

They want to have an elevator in their house. But that’s crazy. The point that you’re going to see problems with this real estate. And people are talking about lowering the interest rate. Still, I had dinner with a mortgage lender last night who was telling me what the big problem is right now. And that is qualifying for these loans. And we were talking about her making videos and how to get through what to convey to people. And I think it’s the simple thing. I think it’s, where’s your down payment coming from? Do you have a down payment? Do you have a non-down payment program? These things people need to know about and understand what’s out there.

If you understand what’s out there, then you’re going to be able to refinance some day. But the big lie that she says is that people are told, listen, when interest rates drop, you’re going to be able to refinance. Maybe, maybe. But every time they do this, they raise the requirement. It’s more and more difficult to get a loan. It’s more and more difficult to qualify for the loan. So with that being said, the big lie is they’re going to lower interest rates and you’re going to go out and get a better mortgage payment. It’s going to drop thousands of dollars a month.

It’s not going to happen. It’s not going to happen. So this is a story I talked about about six months ago. There was an architect and he’s in the Florida area. And you have to have certified plans when you build a home. Gene Trevillian, Trevillian, he went out and he was a licensed architect. And that stamp on your plans is gold. And when you go to the building apartment, you get your home built. They have to follow that. But you’re looking at what the architect did to determine if everything is saved, to code, and going to be structurally sound.

Right now, there are hundreds of plans that were submitted where houses were built, remodels were done, commercial buildings were even put up, where people use this guy’s stamp. The only problem is this guy has Alzheimer’s. And he is a dementia patient inside of an assisted living home and has been there for about seven years now. So the problem with this is that all these plans that supposedly he signed off on are all null and void and they’re all fake. And right now, they’re trying to determine who did this. And imagine if you had one of this guy’s homes.

There’s 400 that they have found right now. It’s the absolute kiss of death. There is no value to these homes. Everything was cut corners and all this stuff. And that’s what you’re seeing is people went out. And one woman describes it. You can read the article below about how she would sit in bed at night and they would hear a creek in the crowd. And that Florida, you know, hot air, cold air, moisture. And she’s like, okay, this is it. This is where the house is coming down. Imagine living with that. So who do you sue for this? The guy’s son is of sound mind.

He’s like 70. And he’s like, listen, my father didn’t authorize his plans. I’m sorry. I don’t know who got his stamp and who got his book. But that is sinister. And that is horrible. These people need to go to jail for this stuff. So it’s going to be interesting to see how that plays out. But man, oh, man, 400 homes are right now. There could be 200 more homes that they could find where this guy’s stamp was used illegally. So time will tell. But read that story below because it’s awesome. I hope you guys like the car show.

I love walking through stuff like this. You guys seem to like different events like this. But this, you know what’s wild is some of these people are selling their Volkswagen buses. The cheapest one I saw was $28,000. I saw one that was $200,000 plus for make and offer. Isn’t that crazy? So various qualities, they all have the same thing. They’ve all spent a lot of time fixing this. Let me know what you think. Let’s talk about our sponsor, Patriot Gold Group. You know, one thing that has stood the test of time has been gold as money.

Now the state of Florida just declared gold as money. You need to protect yourself. You need to contact number one rated Patriot Gold Group today. Find out how easy it is to get yourself into gold, how stable gold is, and how you need that with all the uncertainty in this world. Call them today, 888-330-1431. If you don’t want to call them, use the link below, and they will answer all your questions. They will send out a free investor guide. They will set up an IRA, 401K. They have a no-fee-for-life IRA right now. Now think about this, guys.

Nine years in a row with number one service from Consumer Affairs. Patriot Gold has done well over a billion dollars in sales. They have over 10,000 transactions. Deal with number one today. Contact them now before it’s too late, 888-330-1431. Let them answer all your questions. Tell them that Dan from I allegedly sent you. But guys, contact Patriot Gold today. Now there’s a lot more to cover, but let’s go back to that gold thing that I just mentioned. And think about this. The state of Florida has just determined that gold is money. Gold has monetary value. Gold will be treated differently now.

It’s going to be similar to what you have in Wyoming, Utah, and Oklahoma, and several other states for that matter. But this affects all of us. It’s not just the people that live in Florida. And what they’re doing is they’re saying that gold is money. Gold is currency. And by saying this, what you’re doing is you’re making it so that people can trade on this. They can buy it. They can sell it. And think about this. If you bought gold for $2,000 an ounce and you sell it for $3,000 an ounce, you’re supposed to pay tax on that $1,000 profit.

Not anymore. It’s waived now. That’s fantasy land, guys. No state tax in Florida for your metals. That’s a big, big deal, guys. It really is. Now, another auto place going out of business, Monroe Tire, Monroe Brakes, Monroe Mufflers, closing 145 underperforming stores, you know, on the eastern part of the United States. Now, this is wild, because they still have almost 1,500 stores. They have 1,460 stores that are company-owned, and then they have 38 stores that are franchised. And just not doing well. And again, this goes back to my mechanic. Are people working on their car? No, Dan.

They’re putting up. They’re putting up oil changes. Hey, how long? Here’s a popular search right now in Google. How long can I go without an oil change in my car? That’s a search people are doing right now. Guys, you don’t want to pay somebody to do it. Check your tires. Make sure they’re inflated to the right number. Make sure that you have the proper amount of oil. Everything is done properly. Do that yourself. If you don’t know how to do it, learn how to do it. There’s YouTube videos on how to do that. And in this segment, the next thing is good old Jamie Diamond.

Jamie Diamond says that people need to store. He’s at the Ronald Reagan economic summit, which I’d like to attend someday, but he was there talking about people need to store ammo and gunny-gun guns, okay? So crazy. Man of the people said that. Read the story below because I was like, he didn’t say that, and yeah, he sure did. That’s what people should have. And he’s convinced that you’re going to see problems in the bond market and that you’re going to see a collapse. Now, the guy that runs the world’s largest bank think he would know a thing or two about that? I do.

You know, people either love banking topics or they hate banking topics. I myself thinks that trouble’s coming, guys, that we’re going to see major, major problems with the banks. And I think you’re going to have a Friday night where things are going to get shut down, all these different cyber attacks, all your data being stolen, it will be shenanigans. But remember, when they have these fake tasks like, hey, we’re practicing for a cyber attack. No, they’re getting ready for a cyber attack. That’s what they’re doing. It’s not a what if, it’s a when situation.

So let me know what you think about this. Let me know what you think about Jamie Diamond, man of the people. I always love your mail. The first one I want to talk about is Laura from Connecticut sent me two things that were great. Number one, living in Connecticut, June 1st, tells me it’s 48 degrees outside. Hello, that’s cold, guys. Cold. Now, doesn’t have the luxury of California and I get it. But the second thing was she said, Dan, I’m going to JCPenney’s and I’m taking advantage of their sales right now.

I bought over $200 worth of merchandise and got it for $23 and sent me the receipt, which is great. She said, I’m going to stock up on winter wear and get clothes like this, which we all should. The next thing she’s going to go do is hit Macy’s and their last act section, which I love. I used to buy suits and things there. I bought a lot of good stuff from Macy’s and they have a closeout section in each of those stores. But guys, look for sales like this right now. That’s crazy.

Crazy prices. But $23 for $200 worth of merchandise. Bravo to Laura for that. Now, the next one is Gloria. Gloria was talking about stuff I’ve mentioned over the course of the last week or so about people getting laid off and people losing their jobs and how don’t worry, everything’s going to work out. Well, she knows people that work at Cedar Point, the amusement park. And Cedar Point, listen, come. We know we just had a buyout. We know you’re making 22 bucks an hour. You stay here at $14 an hour and we’ll take care of you soon.

Well, yeah, they’re going to take care of these people real soon now that they’re going to go out of business, it looks like. It looks like they may file bankruptcy and sell the location or liquidate the location. You know, it’s funny. What’s an amusement park for? Things that are owned by the Six Flags Company are not doing well right now. Knott’s Berry Farm here in Southern California, which has always been the four stepsister to Disneyland, just announced that they’re laying off 100 executives, 100 of them, guys. That’s crazy, guys.

So, again, going to Cedar Point, Gloria said, $40 to park your car to go to the amusement park for the day. That’s criminal, guys. That’s absolutely awful. Disneyland, you know, is expensive to park your car, but you can do things like you can get, you know, your parking validated at some of the restaurants and things like that through downtown Disney to save a little bit of money. It’s not used to be free. It’s not like today, it’s not like it used to be. But to go to these places and to spend all this money, hundreds of dollars a day to go to an amusement park, people just cannot afford it.

Now, one thing that just happened, just got announced in Las Vegas, and they say this may be a new trend, Resorts World just got rid of paid parking, free parking to go to Resorts World right now. That’s effective June 1st. That’s a big deal, guys, because I’m telling you, you want to go to Caesar’s Palace and spend $55 a day to park your car in the valley? Do it. Don’t do it, okay? You know, all these places are not free anymore. And the Cromwell, you know, sits right in the corner of Flamingo in Las Vegas, Fall River, that used to be the greatest free park in the world, because you could walk anywhere.

Nope, you got to pay for that now. Now it’s also, the thing about that place is it’s all computerized, so if you lose your ticket, don’t worry, we have your license plate here. We know exactly when you pulled in. And then they will send you, hey, what’s your phone number? They will text you a picture of your license plate and the time that you pulled through, the little turnstuck. So you’re not getting that alive without paying for your parking at places like that. Just the beginning, guys. It’s happening all the time.

But these amusement parks, you’re going to see more and more places. When you see muffler shops and you see amusement parks, everything is suffering right now. That’s the thing. They’re all suffering. Thanks for closing, guys. Let me know what you think. I hope you guys enjoyed the VW buses. It was absolutely fantastic. It was great, and I got to make it across the street before I get hit. Hit the like button, subscribe to the channel, and you want to email me at telloatiolegily.com. I’ll see you soon. [tr:trw].

See more of I Allegedly on their Public Channel and the MPN I Allegedly channel.

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There is no Law Requiring most Americans to Pay Federal Income Tax

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