Barack Obama

Obama’s Private Nickname Revealed…

My wife and I attended a reception last week honoring Edward Klein, the author of the #1 New York Times bestseller, “The Amateur.” The veteran journalist interviewed more than 200 insiders in the White House to find out what kind of man President Barack Obama really is.

Klein, an insider himself as former editor-in-chief of The New York Times magazine, does not suggest by the title of his book that Obama is an amateur when it comes to running for office. As a candidate, he’s a professional and will not be beaten easily in November.

No, by “amateur,” Klein means how poorly Obama manages the office of the most powerful position in the world. Obama is a terrible and inexperienced manager, Klein wrote. Obama has blundered repeatedly in foreign and domestic policy. Klein goes into numerous examples in the book.

One of the best parts of the book for me was Obama’s private meeting with eight eminent American historians, including Robert Caro, David Brinkley, Garry Wills and H.W. Brands. According to an insider in the meeting, Obama wants to go down in history as a revolutionary president — the man who transformed America into a European democratic-socialist state! ObamaCare was just the beginning… Wait until you see what he has in store for us in the next four years. If Congress doesn’t go along, he will use executive orders. It’s scary.

Obama doesn’t see himself so much as Lyndon Johnson (LBJ), Ronald Reagan, or even Franklin Roosevelt (FDR), but as a Woodrow Wilson, as “little short of messianic.”

In fact, David Axelrod privately calls Obama by the nickname “Black Jesus.”

Edward Klein to Address “FreedomFest”!

This book is so important that I’ve invited the author, Edward Klein, to speak at this year’s emergency meeting at FreedomFest (July 11-14, Bally’s, Las Vegas), right after Steve Forbes’ keynote address, “Finding Freedom in an Unfree World: Will the 2012 Election Make a Difference?”

I urge you to attend. We are expecting more than 2,000 attendees this year, with all of the “best and the brightest” experts coming together to access the dangers and opportunities for investors, business leaders and citizens today. Speakers include Steve Moore (Wall Street Journal), Judge Andrew P. Napolitano (Fox News), Sen. Rand Paul, John Mackey (CEO, Whole Foods Market), Matt Kibbe (FreedomWorks), Peter Schiff (and a host of other financial experts), Erick Erickson (Red State), Robert Kiyosaki (“Rich Dad, Poor Dad”), Wayne Allyn Root, and Grover Norquist (president, Americans for Tax Reform and considered the most powerful man in Washington, according to CNN and CBS).

All of the free-market think tanks and freedom organizations will be there… The Washington Post calls it “the greatest libertarian show on earth.”

To learn more about this singular event, watch this three-minute video.

We’ve also just posted the full agenda of speakers, debates and panels here.

If you sign up in June, you receive a 1-ounce American eagle silver dollar, FreedomFest’s symbol of sound money and liberty.

To sign up, go to www.freedomfest.com, or call Tami Holland, 1-866/266-5101.

You Blew It: Can the Miami Heat Win the NBA Finals?

I’m an avid sports fan who loves to watch, as well as to play, basketball, softball, tennis and even a little golf (a good walk spoiled).

Right now, the National Basketball Association (NBA) Finals are going on between the Miami Heat and the Oklahoma Thunder. The Thunder is an exciting team to watch, and its fans are great.

Lebron James, who moved from Cleveland to Miami two years ago, continues his quest to win his predicted “multiple” championship rings in the NBA. He’s helped the Miami Heat reach the finals two years in a row, but can he become a true champion?

Pride precedes the fall, as Proverbs tells us. As Michael Jordan learned, the world’s greatest athlete can’t win a championship without being a team player. We will see if “King James” has the wherewithal to be a true champion. He won’t achieve that lofty goal if “give-me-the-ball” Lebron tries to do it alone.

Recently, I watched the 1997 and 1998 NBA finals between the Utah Jazz and the Chicago Bulls. The Jazz were my favorite team, led by the unselfish duo of John Stockton and Karl Malone. But they lost to the Chicago Bulls under the magnificent performance of Michael Jordan, who learned to be a team player, and their coach Phil Jackson. Unfortunately, the Jazz had a coach, Jerry Sloan, who was great during the regular season but didn’t have the fire in the belly to be aggressive and win in the playoffs. Sadly, Stockton and Malone, both excellent team players, never got a ring, and that’s a pity.

Mark Skousen, Ph.D.
Wikipedia
Newsletter and trading services
Personal website

Upcoming Appearances

• Today’s challenging market conditions require even more knowledge than ever for investors and traders like you to keep pace with the latest market intelligence to safeguard your portfolio and to profit from opportunities that only may be available for short periods of time. Join me at this year’s MoneyShow San Francisco, August 24-26, at the San Francisco Marriott Marquis to hear recommendations and advice about how best to profit in 2012 and beyond! Register FREE today by clicking here, by going to MarkSkousen.sanfranciscomoneyshow.com or by calling 1-800/970-4355 and mentioning priority code 027882.

Mark Skousen

Mark Skousen, Ph. D., is a professional economist, investment expert, university professor, and author of more than 25 books. He earned his Ph. D. in monetary economics at George Washington University in 1977. He has taught economics and finance at Columbia Business School, Columbia University, Grantham University, Barnard College, Mercy College, Rollins College, and is a Presidential Fellow at Chapman University. He also has been a consultant to IBM, Hutchinson Technology, and other Fortune 500 companies. Since 1980, Skousen has been editor in chief of Forecasts & Strategies, a popular award-winning investment newsletter. He also is editor of four trading services,  Skousen TNT Trader, Skousen Five Star Trader, Skousen Low-Priced Stock Trader, and Skousen Fast Money Alert. He is a former analyst for the Central Intelligence Agency, a columnist to Forbes magazine (1997-2001), and past president of the Foundation for Economic Education (FEE) in New York. He has written articles for The Wall Street Journal, Liberty, Reason, Human Events, the Daily Caller, Christian Science Monitor, and The Journal of Economic Perspectives. He has appeared on ABC News, CNBC Power Lunch, CNN, Fox News, and C-SPAN Book TV. In 2008-09, he was a regular contributor to Larry Kudlow & Co. on CNBC. His economic bestsellers include “Economics on Trial” (Irwin, 1991), “Puzzles and Paradoxes on Economics” (Edward Elgar, 1997), “The Making of Modern Economics” (M. E. Sharpe, 2001, 2009), “The Big Three in Economics” (M. E. Sharpe, 2007), “EconoPower” (Wiley, 2008), and “Economic Logic” (2000, 2010). In 2009, “The Making of Modern Economics” won the Choice Book Award for Outstanding Academic Title. His financial bestsellers include “The Complete Guide to Financial Privacy” (Simon & Schuster, 1983), “High Finance on a Low Budget” (Bantam, 1981), co-authored with his wife Jo Ann, “Scrooge Investing” (Little Brown, 1995; McGraw Hill, 1999), and “Investing in One Lesson” (Regnery, 2007). In honor of his work in economics, finance, and management, Grantham University renamed its business school “The Mark Skousen School of Business.” Dr. Skousen has lived in eight nations, and has traveled and lectured throughout the United States and 70 countries. He grew up in Portland, Ore. He and his wife, Jo Ann, and five children have lived in Washington, D.C.; Nassau, the Bahamas; London, England; Orlando, Fla.; and New York. For more information about Mark’s services, go to http://www.markskousen.com/

Recent Posts

Slow GO: Is a Bear Market and Hard Landing Coming?

“Congratulations on your work. It has been a long slog to get the national accounts…

3 days ago

Broken Wing Butterfly and Butterfly Spread – Option Trading Strategies

The broken wing butterfly and the butterfly spread are two different types of option trading…

3 days ago

Bear Call Spread and Bear Put Spread – Option Trading Strategies

The bear call spread and the bear put spread are option strategies used when an…

4 days ago

When Mises Met MMA

It’s not often that you hear the brilliant Austrian school economist Ludwig von Mises referenced…

4 days ago

ETF Talk: Tapping into the Power of Language with This Communications ETF

While Charles Dickens’s famous statement, “It was the best of times, it was the worst…

4 days ago

Five Advantages to Day-Trading with a 90% Win Rate

Five advantages to day-trading with a 90% win rate offer a tempting opportunity. The five…

5 days ago