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Did you see President Obama's new 2013 budget? It's filled with $1.5 trillion in tax increases for the rich. It appears that the president and his leftist cabal believe we are all stupid. They believe if you tell enough lies, the lies become fact. They spend all day, every day, trying to convince Americans that taxes on the rich are too low. The reality is taxes are not low at all. If you think they are, you've either been brainwashed or you aren't paying taxes. The truth is: The taxes are too damn high. [more...]
By Christopher Markowski
The mainstream media could hardly hold back their glee with the January jobs report released by the Bureau of Labor Statistics, which showed our unemployment rate dropping to 8.3%. Hold the Dom Perignon! The numbers are not what they seem. In a report worthy of Soviet Central Planning, a record 1.2 million people “disappeared" from the labor force last month. The labor participation rate is now down to a fresh thirty year low. When looking at the internal numbers even closer, it actually gets worse. Do any of the candidates have the right stuff on job creation?
Are we becoming slaves of the financial institutions that gamble with our money? Are we rolling over and play dead when Chinese, German and other banks come asking for money that they loaned us so easily? No, my friends, we should not. Let’s have judges and justice departments all over the globe check in the cloudy and murky waters of the hedge funds. Let's demand from our politicians, left and right, to return to the kind of legislation that did NOT allow banks to gamble, but to simply keep our deposits in TRUST, secure and safe. [more...]
The USA is now ranked 10th in the world in business competitiveness, and in economic freedom, falling behind countries such as Chile and Mauritius. In 2008, I was furious at the fact that we were ranked 5th in the world and offered free market ideas to turn the nation around. Instead we took a sharp left turn. We are now fast becoming a socialist state that takes a back seat to ridiculous government spending that is turning us into a Nanny State. Chris We must change our course immediately lest we go into a socialist death spiral that will be almost impossible to reverse.
2012 will be the most interesting, significant, exciting, and frightening year in U.S. and perhaps world history. The EU economic collapse will accelerate. Not only are most major European banks insolvent but so are entire EU countries. Eventually this will lead to a massive European economic depression, which will eventually lead to the breakup of the EU and the end of the euro. [more of Wayne's 2012 predictions here...]
"Watchdog on Wall Street" Christopher Markowski, political and economic expert and nationally syndicated radio talk show host, says, "The year is 2012 and the world is seemingly walking a tight rope. From the upcoming election to the never ending European soap opera, our ballooning national debt, China, Venezuela and North Korea to top it all off. What should investors do with such an uncertain and tenuous future?" Call for interviews with Christopher Markowski to find out.
By Wayne Allyn Root
We’re all in trouble when the joke is on our most connected politicians. Jon Corzine is the former CEO of Wall Street powerhouse Goldman Sachs. Even God shudders when the CEO of Goldman walks in the room (or so Goldman executives think). Corzine left Goldman with a half-billion-dollar fortune and became a United States Senator. Soon he was a Governor of New Jersey. His friends are the most powerful people on Wall Street and in Washington, D.C. Only months ago he was a strong bet to be appointed to a major position in the Obama administration. He is the type of guy the media calls “the smartest guy in the room.” But obviously brains and connections aren’t enough to prevent a bankruptcy. Corzine just presided over one of the biggest disasters in Wall Street history; he just resigned as Chairman and CEO of MF Global, one of the most powerful Wall Street bond and futures trading firms. MF Global just filed for bankruptcy. Billions have been lost, hundreds of millions are missing, over 1,700 employees just received pink slips, and Corzine has hired a criminal defense lawyer. [more...]
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