Archive for March 2017

Winning at Life: John Georges

Winning at Life with Gregory Ricks welcomes business mogul John Georges to get his take on the new administration, the New Orleans Public Belt Railroad, and if he may throw his hat back into the political ring.

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The Ricks Report – March 28, 2017

­­­­­ The Ricks Report March 27, 2017 Numbers of $ignificance TWICE AS MANY – There were 404 operating oil rigs in the United States (on land and offshore) as of 5/27/16. There were 809 operating oil rigs in the United States as of last Friday 3/24/17.  Thus, the number of working rigs has doubled in…

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Beware of Schemes During Tax Season

It’s tax season! Every year, around this time, the Internal Revenue Service (IRS) publishes its dirty dozen – a list of scams criminals use to try and ferret out personal information and/or steal money.1 For example, if you received an email from a top executive in your company or organization requesting data from IRS form…

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The Ricks Report – March 20, 2017

­­­­The Ricks Report March 20, 2017 Numbers of $ignificance DEFICITS – The CBO estimates that the AHCA would reduce federal deficits by $337 billion over the next 10 years, largely from reduced Medicaid outlays and from the elimination of ACA tax credits (source: CBO). COST ESTIMATES – The CBO projects that AHCA average premiums will…

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Winning at Life: Do You REALLY Need Life Insurance?

Louis in Kenner just had his 10 year term life insurance expire, and the renewal rate is too expensive. His kids are doing great, and it seems more economical to set aside money for the funeral costs than repurchase or renew a life insurance policy. What does Gregory recommend?

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The Ricks Report – March 13, 2017

­­­ The Ricks Report March 13, 2017 Numbers of $ignificance DISCRETIONARY VS. MANDATORY – Over the next decade (fiscal years 2018-2027), estimated discretionary spending by the US government will total $13 trillion, an amount that is dwarfed by the government’s $34 trillion of projected mandatory spending (source: Office of Management and Budget). GAP IN COVERAGE…

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The Ricks Report – March 6, 2017

­­­ The Ricks Report March 6, 2017 Numbers of $ignificance ALMOST TWENTY TRILLION – The national debt of the United States is reported 5 days a week and is calculated to the penny. The national debt first exceeded $19 trillion on 1/29/16 and subsequently passed $19.9 trillion on 11/22/16.  Outstanding debt peaked at $19.977 trillion…

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