There’s no doubt about it: Getting rich in Barack Obama’s America is tougher than ever. And with his plans for raising your taxes, staying rich is tougher still.
But that doesn’t mean it can’t be done. And as I see it, there are two basic ways to go about it.
The first is what I call “The Easy, Sleazy Democrat Way to Wealth.” All it takes is using political power — your own, or someone else’s — to steer private money or (even better) taxpayer dollars into your own bank account. Here are just a few tried-and-true “Sleazy Democrat” techniques for doing just that:
Run a “Government-Sponsored Enterprise” (into the ground). Say you’re a longtime party hack who knows nothing about running a business, like ex-Clintonite Franklin Raines. Get appointed as CEO of Fannie Mae, the “government-sponsored” mortgage giant, where the profits are privatized and the losses are covered by taxpayers. Take tens of millions in salary and bonuses (based on phony accounting) — and then, when you’ve laid the groundwork for Fannie’s bankruptcy and the subprime mortgage crisis, walk away with a “golden parachute” estimated at $240 million.
Force Taxpayers to Subsidize Your Business. First, pick something that makes no real-world, economic sense, like “biofuels” or “green technology.” Then, get the government to mandate and/or subsidize its use — and if possible, to tax and regulate your competition to death. It’s important, however, to mask your intentions by posing as a public-spirited crusader — like Al Gore, whose use of this technique has already built him a fortune of more than $100 million, and who could become abillionaire from the “carbon credit” racket if a cap-and-trade bill becomes law.
Benefit from Nepotism. Not a politician? No problem — just be related to one! Whether you’re the nephew of Rep. John Murtha (D-PA), getting lucrative defense contracts, or the son of Joe Biden, getting rich off Dad’s name as a government lobbyist, or the wife of Barack Obama, getting a nearly 300% raise at her Chicago hospital job right after he was elected U.S. Senator — and right before he requested a $1 million earmark for the hospital — just remember: in the world of political influence-peddling and back-scratching, it’s always “family first.”
The icing on the cake of “Easy, Sleazy Democrat” wealth-building strategies like these? You get to rail against “rich Republicans” and “greedy corporate fat cats” while congratulating yourself on being a selfless public servant.
But wait a minute, you say. What if I’m not a powerful politician — and have no connections to one?
Then, you might want to know about the other way to wealth I mentioned — the honest, patriotic alternative to the “Easy, Sleazy Democrat Way.”
I call it “The American Way to Wealth” — and it’s got two simple steps:
- First, work hard at your job or business, and make as much money as you can. Stay current on your bills, and pay what you “owe” in taxes — but not a penny more.
- Take whatever you have left and invest it according to the advice of someone who is knowledgeable and trustworthy –not, in other words, some Wall Street drone who gets commissions off your stock trades no matter how badly they do.
Now, if you don’t know someone like that — well, fortunately, I do. His name is Nicholas Vardy, a brilliant investment adviser who, in addition to managing money for a few wealthy clients, dispenses amazingly profitable investment advice — at a surprisingly affordable price — to subscribers to his Global Stock Investornewsletter.
Just how good is Nick Vardy’s investment advice? Well, consider this: While the major stock indexes were down as much as 20% during last year’s “Black October,” Nick’s subscribers were actually enjoying double-digit profits. Since then, as stocks have recovered, Nick’s subscribers have enjoyed market-beating profits of up to 37%.
Of course, investing in the stock market is not for everyone, but if your situation allows it and you are looking to build your wealth, he is the guy to help you do it.
How does Nick Vardy do it? Well, for one thing, he’s incredibly smart and well-educated (at Stanford and Harvard, but don’t hold that against him). More importantly, I think, is that, as a disciple of free-market economists like Friedrich Hayek, he understands how the economy and financial markets really work — unlike the Wall Street imbeciles and big-government ideologues who have brought America to the brink of financial ruin.
But don’t take my word for it — check out Nick’s newsletter for yourself. As I said, it’s surprisingly affordable. Right now, in fact, you can get a full year of Global Stock Investor for about the cost of a mid-priced dinner for two.
And by the way, don’t let that word “global” scare you. Nick is no “one world” ideologue, and he’s not about investing in only foreign stocks. But he does recognize that capital has a way of following the “path of least resistance” — and in the Age of Obama, when our government is declaring war on private enterprise even as other countries like China and India are embracing it, that meanssome of the best investments will indeed be found abroad.
Let’s face it: For the next few years at least, the American economic system will be increasingly tilted in favor of big-government Democrats and their cronies. I’m in favor of anything that levels the playing field for the rest of us — and Nicholas Vardy’s Global Stock Investor can do just that for you. I do hope you’ll give it a try — you’ll thank me later.
P.S. For a limited time, you can get a full year of Nicholas Vardy’sGlobal Stock Investor for about the cost of a mid-priced dinner for two. Of course, with all the great investment tips you’ll be getting, you’ll be able to afford lots of dinners — higher-priced ones at that. (But skip the $1,500-a-plate Obama fundraisers!)
- Obama Victory Would Lower American’s Wealth To 25 Cents On The Dollar, Says Gold-Coin.com (prweb.com)
- Obama in 1998: ‘I Actually Believe in Redistribution’ of Wealth (pjmedia.com)
- Liberal Democrats 2012 Campaign of Fraud and Personal Destruction (ConservativeActionAlerts.com)
- Stanley Kurtz is on to something with his book Spreading the Wealth: How Obama is Robbing the Suburbs to Pay for the Cities (thebusypost.wordpress.com)
- Media Now Doctoring Videos to Take Down Romney (realclearpolitics.com)
- Video potential worry for Obama campaign (politico.com)
- When It Comes To Deceit and Deception, Obama Is A Pro (conservativesonfire.wordpress.com)