Obamageddon: Signs That Obama's Great Depression Has Begun

By Wayne Allyn Root

If you’ve been paying attention to the news, several ominous signs have appeared that foretell economic disaster. After reading these “tells” or signs, I believe you’ll agree we are entering “Obamageddon” - Obama’s Great Depression. The first sign is the fact Bill Gross, head of the world’s largest bond fund (PIMCO), has just sold all his domestic government bond holdings - every single dollar! Do you have any idea what that means? In my opinion, Bill Gross is one of the ten smartest men on this planet. He knows everything about the economy and bonds. His sell-off indicates he believes local, state and our federal government are all on the verge of disaster - insolvency, bankruptcy, and default on bond obligations. To add insult to injury, Gross disclosed he bought emerging market bonds with the money from the sale of U.S. bonds. That means Gross has more faith in Brazil, Russia and African nations than the U.S.A. The Great Gross sell-off is a sign of economic Armageddon. [more...]

The Progressive Model of Tax & Spend is Dead - Even in New York

By Wayne Allyn Root

It's amazing to me that there are still a few people in America pushing the dinosaur called “the progressive agenda.” How can anyone demand bigger government, more services, higher spending, and higher taxes in the middle of a financial Armageddon? That’s not a progressive agenda; it’s a bankruptcy agenda. The proof is found in my old home state of New York, and my new adopted home state of Nevada. There is a dramatic and truly amazing lesson developing right now in New York. The newly elected Governor of New York is Democrat Andrew Cuomo, the son of one of the heroes of big government "tax and spend" liberalism - former New York Governor Mario Cuomo. Yet this new and improved Cuomo refuses to raise taxes one cent. He is demanding a "radical shift" in the way New York is run (headline quoted from the liberal New York Times). That "radical shift" is built around the idea of dramatic cuts in services, smaller government, far fewer government employees and agencies, and reigning in public employee unions. [more...]

Porter Stansberry: Is This the End of America?

Is This the End of America?

Why a single event in the next 12 months will radically change everything about our normal way of life... how we shop, travel, educate our kids, invest, save, and even retire.

By Porter Stansberry

A little more than a decade ago, I founded a financial firm called Stansberry & Associates Invest­ment Research. Today we serve hundreds of thousands of customers, in more than 120 countries.

Over the past few years, we were able to warn investors about the inevitable collapse of companies such as Fannie Mae, Freddie Mac, Bear Stearns, Lehman Brothers, General Motors and dozens of others.

To my knowledge, no other research firm in the world can match our record of correctly predicting the catastrophe that has occurred since 2008. I reference our success and experience with Wall Street's latest crisis because we believe there is an even bigger crisis lurking - something that will shake the very foundation of America.

And the incredible thing is... this has absolutely nothing to do with the stock market. [more...]

America's Most Important Day in 50 Years

In short, I want to detail for you a specific event that will likely take place in America's very near future... which could actually bring our country and our way of life to a grinding halt.

This looming crisis is related to the financial crisis of 2008... but it is infinitely more dangerous.

And as this problem comes to a head, I expect there to be riots in the streets... arrests on an unprec­edented scale... and military-enforced martial law.

Believe me, I don't make this prediction lightly and I have no interest in trying to scare you.

I'm simply following my research to its logical conclusion.

I did the same when I tracked Fannie and Freddie's accounting. The same with General Motors, with Bear Stearns and the rest. When I began giving this warning in 2006 no one took me very seriously. Back then, most mainstream commentators just ignored me. And when I presented my case and exposed the facts at economic conferences, they got angry. They couldn't refute my research... but they weren't ready to accept the enormity of its conclusions either.

The same financial problems I've been tracking from bank to bank, from company to company for the last five years, have now found their way into the U.S. Treasury. I want to explain to you how this came to be. What it means is critically important to you and every American... Because the next phase in this crisis will threaten our very way of life.

The savings of millions will be wiped out. This disaster will change your business and your work. It will dramatically affect your financial accounts, investments, and retirement. It will change everything about your normal way of life: Where you vacation... where you send you kids or grandkids to school... how and where you shop... the way you protect your family and home.

A WORD OF WARNING: This presentation contains material that may be offensive to some audiences. Viewer discretion is advised. I promise you this presentation will be worth your time. And I know it will benefit you and your family. That's why more than 2 million people have viewed it already. Go now to watch it at: www.EndOfAmerica22.com

[more...]

Fraud: Why the Tax Cut Bill is Just an Excuse to Spend Another Trillion Dollars!

By Wayne Allyn Root

Didn’t we just have a historic Tea Party election? Wasn’t the message STOP THE SPENDING, PAY OFF THE DEBT, and STOP THE INSANITY? The message was loud and clear, yet the first major bill after the election adds about one trillion more in debt as we face economic Armageddon - a rapidly approaching debt crisis (that will make Greece look like child’s play), 20% real unemployment, and eventually hyper-inflation that could turn America into Zimbabwe. This is insanity, folks. But hey, what is another trillion in debt among friends? As a small business owner, entrepreneur, and capitalist evangelist, no one has been a bigger cheerleader for lower taxes than I have. Tax cuts leave more money in the hands of those who earned it and deserve it - small business and taxpayers. Their investing and spending of that extra money is what fuels the economic engine that creates jobs to get America out of this mess. [more...]

The Deficit Reduction Trap

By Dick Bishirjian

This is a warning to those in Congress who want to raise taxes, not cut spending. In 1984, Cong. Newt Gingrich called Sen. Bob Dole, a “tax collector for the welfare state.” That phrase resonated with the Republican faithful and ultimately led to GOP control of the House of Representatives. The “Contract for America” was the culmination of years of labor by supply-side advocates who argued that dropping tax rates would lead to economic growth. The supply-side movement had its day and now the U.S. faces budget deficits - and Obama Administration’s regulatory policies - that threaten to destabilize the American economy, reduce employment and increase inflation to levels that led to the collapse of the Weimar Republic and launched Adolph Hitler’s murderous career. [more…]

It May Take a Depression

By John LeBoutillier

The United States of America is on the verge of national bankruptcy - in reality if not technically. The printing press can - for a while - disguise how insolvent we are becoming. But we are indeed headed in the direction of Portugal, Ireland, Greece, Spain and other governments, which are broke. We have maxed out our national credit card. A $14 trillion national debt - which requires a one trillion dollar annual interest payment - is a national disgrace. And you can thank both political parties for it. Yes, the Republicans are as equally responsible as the Democrats for thirty years of profligacy. [Go here to read John's ideas on how to solve the problem...]

The Obama Conspiracy Against Small Business

By Wayne Allyn Root

In the old America known by my father and grandfather, small business owners were “preferred customers,” metaphorically wined and dined to create jobs and keep us in business. But in Obama’s bizarre world of progressives, socialists, unions, and big government, we’re demonized as evil and greedy, singled out for punishment, and targeted. The harder we work, the more we succeed, the more they want to steal our money and redistribute it to others who don’t want to work as hard, or don’t want to work at all. Some of these people collecting entitlements, welfare, food stamps, aid to dependent children, free meals at school, housing allowances, free medical, and free education, aren’t even in the country legally. Small business owners like me are asked to pay for it all, yet we receive nothing in return. The system isn’t working anymore. It’s backwards: it does everything for the people who expect everything from government, and nothing for the people who pay for everything. President Obama and his progressive, big government, socialist cabal are involved in a conspiracy to ruin small business, steal our money (they call it “redistribute”), and destroy our lives. [more...]