"Reverse the forces that have conspired for decades against working Americans" Imagine who said those words?

For some reason, I received an email this past Labor Day from the White House. I am not sure how theWhite House acquired my email address but, I guess I could ask the NSA. I was not alone as I'm sure this same email went out to millions of other Americans.whitehouse 2 email

I decided to join in the fun and watch the video. As I expected, there were a lot of warm and fuzzy words and images of workers in factories. What came next, after 1 minute and 26 seconds really shocked me, the President of the United States said these words...

"reverse the forces that have conspired for decades against working Americans".

You can view the video here or click on the White House email image.

Who the heck was President Obama referring to when he used those exact words, "reverse the forces that have conspired for decades against working Americans"?

These words really bothered me; I could not believe what I was hearing. A Conspiracy? Did I miss something? Do you mean that all companies have been conspiring against their workers for decades Mr. President? If not companies, then who is conspiring against American workers? American workers made this country great, and for the most part they are well paid and respected.
Continue reading ""Reverse the forces that have conspired for decades against working Americans" Imagine who said those words?"

10 Reasons Why Obamacare Is Going to Ruin Your Medical Care… and Your Life

By Elizabeth Lee Vliet, M.D.

Of course you've heard of "liar loans"—in the heyday of subprime mortgages, unscrupulous lenders handed out mortgages to practically everyone with a pulse. "So you're saying you make $100,000 a year? Great, check this box titled 'McMansion.'"

We all know how this charade ended. Now Dr. Elizabeth Lee Vliet, M.D., an acclaimed expert on the subject of Obamacare, warns that the delay of the employer mandate by one year will force Americans into a single-payer system, raising insurance premiums and encouraging "liar subsidies" that might prove fiscally devastating. Not to mention that under the new health care system, you may well end up dead…

Dan Steinhart

Editor, Casey Research

Obamacare is a hodgepodge of new regulations, requirements, and penalties. I'd like to start by defining three terms, which, while obscure today, should begin to enter our everyday vocabulary as Obamacare continues to take effect: Continue reading "10 Reasons Why Obamacare Is Going to Ruin Your Medical Care… and Your Life"

Hand Off to a New Fed Chair is Well Timed

It is as notable as a 2nd term president handing off the big problems to the next guy, as George Bush did with Barack Obama in 2008; the changing of the guard at the Fed, that is.

Alan Greenspan oversaw the making of a stock bubble in the final phase of the great bull market ended in 2000.  He then instigated a credit bubble, which launched a housing bubble, made the credit hopped consumer feel wealthy and oh yes, built unsustainable distortions into the system through diced and sliced debt derivative vehicles of all kinds.

Then in 2006 he deftly made the hand off to Ben Bernanke.  Bernanke then dealt with the Maestro’s second aftermath as it began cropping up in 2007 and now, nearly 4.5 years into a cyclical bull market that has another 6 months or so to run if it is to match the two previous cycles (not a given), it is time once again for a hand off. Continue reading "Hand Off to a New Fed Chair is Well Timed"

Poll: What are your thoughts on last night's State of The Union Address?

President Obama used his State of the Union address Tuesday night to address government spending, Medicare and declare that victims of gun violence “deserve a vote” on a sweeping gun control package.

Obama largely spoke these main issues, while adding a roster of wish-list items – including a call to increase the federal minimum wage to $9 an hour, up from $7.25, and pass immigration reform.

I felt like the theme of the speech was about boosting the middle class and jolting what continues to be a tepid economic recovery. We wanted to know......

What did you think of the State of the Union address by President Obama?

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Every Success,
Jeremy

Weekend Wrap Up: Apple hits $600 and the S&P500 index closes over 1,400. What's next?

Hello fellow traders everywhere, Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 3/16/12.

Last week was a strong move for the equity markets and gold slipped to ten week lows. Despite rumors of releasing strategic oil reserves the oil market closed practically unchanged for the week.  The metals were lower for the week and look to be on the Continue reading "Weekend Wrap Up: Apple hits $600 and the S&P500 index closes over 1,400. What's next?"