President of US spent trillions on recovery with no concrete results

Ateneo Professor on Entrepreneurship

From Money news | August 8, 2013

The president of the US spent $4 trillion on stimulus spending but does not have much to show for this:  the broken American dream, growing poverty in US and and widening gap between the haves and have nots (are we talking about US or 3rd world country here?

Sequestration (cutting expenses) as means to go by without reduced spending budget cuts resulted in $45 billion reduction in expenditures, Obama wants $200 billion in additional taxes, the trade deficits has resulted in more losses to the govt.  The Obamacare which has driven health care costs has resulted in many Americans being part time workers. 

Are Obama programs working really for the benefit of the poor or making things worse for Americans

El-Erian: Chances of US Recession Surge as Fiscal Cliff Talks Stall

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Date: Tue, Dec 25, 2012 at 1:36 AM
Subject: El-Erian: Chances of US Recession Surge as Fiscal Cliff Talks Stall

El-Erian: Chances of US Recession Surge as Fiscal Cliff Talks Stall ALERT: 'I Wish I Were Wrong' — Economist Laments Prediction. See Interview. Zillow: Housing Values Rose 6% in 2012 — First Gain in Six Years Fiscal Times: Fiscal Cliff Could Delay Tax Return Filings More Links: Discover the Tiny Loophole Found in IRS Tax Code That Could Pay $87,500 Warning: Pentagon Adviser Says Attack on Our Financial Markets Imminent Discover How a Pastor Turned $40,000 into $400,000 This email is never sent unsolicited. You have received this email because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via email. TO SUBSCRIBE If this email has been forwarded to you and you would like to sign up, please click here. Remove your email address from our list or modify your profile. We respect your right to privacy. View our policy. This email was sent by: Moneynews.com and Newsmax.com 1501 Northpoint Parkway, Suite 104 West Palm Beach, FL 33407 USA 1493719 11438-1

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Corporations and profits are not the source of evil - Schiff

Ateneo Professor on Entrepreneurship

From Moneynews

Peter Schiff, the CEO of Euro Pacific Capital to Dems delegates who said that corporate profits should be banned. Schiff told the delegates they are wrong.

Corporation brings new goods and services to people, and profits are reinvested to create more jobs and improve the business.  They even pay the taxes. Profit is the motivation of entrepreneurs to invest.  The victory of Dem ideas means less investments or O investments and what we see now:  job loss.

I would like to see the problem in the US of loss of jobs as a result of wrong mindset to the source of the economic activity in the US.

It is a mistaken belief by the Democrats that they are entitled to something from the govt;  and that rich owe something to the govt.

For the Dems, is mentioning profits like holding a cross to a vampire?

Fwd: Investor Warning: Washington and Beijing to Announce Catastrophe

I have posted this before.  This and the other video point to only one thing:  the external environment for American economy, its people will be very very very difficult and challenging.  These are opinions, not by these blog but by Americans themselves.  They are rather apologetic for the things that they say because they could be harmful for  the American people.

But Americans and the rest of the world have to be prepared for this "catastrophe"

---------- Forwarded message ----------
From: Moneynews.com <newsmax@reply.newsmax.com>
Date: Mon, Apr 30, 2012 at 7:09 PM
Subject: Investor Warning: Washington and Beijing to Announce Catastrophe

Dear Moneynews Reader: Please find below a special message from our sponsor, Weiss Research. They have some important information to share with you. Thank you. Moneynews.com Dear Reader, My name is Larry Edelson and I've been a professional financial analyst for the last 33 years. You may even recognize my name from my appearances in Forbes, or on Bloomberg, CBS Marketwatch, CNBC or some other major financial program or publication. However, I have recently discovered something that you will NOT hear me (or anyone else) say in any of those venues. My latest research is far too shocking to get mainstream airplay. My conclusions are far too controversial. And, in fact, I could very well get myself deported, arrested, or even imprisoned by saying these things at all! You see, I live in Asia right now. My home is a short flight from Shanghai. And I've been using a lot of what I've learned about China and the rest of Asia to help thousands of people all over the world make better financial decisions. But I'm still an American first and foremost. I will remain an American citizen to my final breath. My mom, my sister, my brother and my three grown kids all live in the States. I want nothing but the best of everything for them and for my country. And that's why I've decided to do what I believe is in all of our best interests — and tell the uncensored truth about Washington and Beijing in a free online presentation called The Great Betrayal of 2012. Sound extreme? It is! I have uncovered compelling evidence that the Chinese government is conspiring with Washington, D.C. to impoverish you and sentence your children and your grandchildren to lives of financial servitude. Now please don't misunderstand: I'm not a political man and this is NOT a political presentation. It's not about Democrats or Republicans or who should win the U.S. elections in November. I am a financial and investment analyst. And as such, my ONLY allegiance is to my family and to the individual investors I help. So I created this presentation for one, simple reason: To give you the truth you need to protect your home, your savings, your investments and your retirement from the single greatest economic crisis in our nation's history ... In this presentation, I will show you exactly why Beijing and Washington are working together to bankrupt you. I will show you how to protect yourself and your family from their scheme to destroy your wealth. And I will tell you about the four kinds of investments I believe will double your money, then double it yet again in 2012 and beyond. Again, I know this sounds hard to believe. But if my three decades as a financial analyst have taught me anything, it's that terrible things happen when we ignore reality. And take it from me: There WILL be terrible consequences for those who fail to act on the investment intelligence in this presentation. The Great Betrayal of 2012 is free to watch, but I must warn you: The facts I report will be disturbing to some investors. Viewer discretion is advised. Just turn up your computer speakers and click this link; the video will begin playing immediately. Sincerely, Larry Edelson P.S. Before you write me off as a complete wacko, at least hear my argument and then decide for yourself. After all, this is not the first time I've made a "crazy" prediction that ended up coming true. Just ask anyone who bought gold back when I first started calling for a new bull market in 1999! Weiss Research, Inc. 15430 Endeavour Drive Jupiter, FL 33478 1-800-291-8545 561-625-6685 (Fax) We love hearing from readers. But our editors won't get your e-mail if you simply hit the "reply" button. So please send your questions, comments and suggestions to: support@weissinc.com. This email is never sent unsolicited. You have received this Newsmax email because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via email. TO SUBSCRIBE If this email has been forwarded to you and you would like to sign up, please click here. Remove your email address from our list or modify your profile. We respect your right to privacy. View our policy. This email was sent by: Newsmax.com 1501 Northpoint Parkway, Suite 104 West Palm Beach, FL 33407 USA 1397169

Fwd: Shilling: S&P to Plummet 43 Percent as Recession Looms

Economist Shilling predicts a 43% drop in S&P prices stock prices, and bond prices could drop to as low as l.5% per annum.The cause is low employment number of only l20,000 in March vs. the previous months average of
200,000.  About l4,000,000 Americans are out of job, and this is the highest so far in the history of USA.

This unemployment number plus the high student loan and consumer debt, the pressure to save for retirement (no
govt retirement fund cash balance for l00 trillion liability) spells doom for the US capital markets.

What is the effect on the Phil stock market,  on the Phil economy?

What is the effect on OFW remittance.

Do you believe/agree with this news.

---------- Forwarded message ----------
From: Moneynews.com <newsmax@reply.newsmax.com>
Date: Fri, Apr 13, 2012 at 4:13 AM
Subject: Shilling: S&P to Plummet 43 Percent as Recession Looms

Shilling: Stocks to Plummet as Recession Looms The disappointing March jobs report is just the beginning of a decline in U.S. consumer spending that will tip the country back into recession, clobbering stocks and reviving the bond market, says investor A. Gary Shilling. The renowned economist sees a huge 43 percent decline for the S&P 500, and he predicts that 30-year bond yields will fall to 2.5 percent, while the 10-year Treasury could hit 1.5 percent. Read the Full Story — Go Here Now. ALERT: Unthinkable Haunts Investors: Evidence for Imminent 90% Stock Market Drop What Are Bernanke and Obama Hiding From Americans? Learn the Truth. What Your Tongue Says About Your Thyroid. See the Photo. This email is never sent unsolicited. You have received this email because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via email. TO SUBSCRIBE If this email has been forwarded to you and you would like to sign up, please click here. Remove your email address from our list or modify your profile. We respect your right to privacy. View our policy. This email was sent by: Moneynews.com and Newsmax.com 1501 Northpoint Parkway, Suite 104 West Palm Beach, FL 33407 USA 1391103 EA37-1

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