Sunday, April 17, 2011

LETTER TO OBAMA FROM AN ANGRY CONSERVATIVE

Submitted by: Donald Hank
I think Obama really pissed of  Porter Stansberry...... Wow!  Read Below.
Usually he sticks to financial investment strategies, but apparently the speech that Obama gave this week his a sore spot.
Hopefully, the takers will listen and become the workers.

April 15, 2011

 With today's Digest, I am announcing my complete support for "the rich" – the class of people Mr. Obama and his ilk castigate at every opportunity. Ironically, it is these same people Obama expects to line up like sheep waiting to be sheared. My best advice? Don't get in that line.

Despite what Mr. Obama and his vast team of lawyer buddies, career academics, and professional bureaucrats believe, most "rich" people in America got that way by working hard for a long time. They got that way by taking risks, educating themselves, starting small businesses, and selling valuable services or products to their fellow citizens. They didn't inherit their wealth. They didn't rip anyone off. They didn't buy political favors from people like Barack Obama.


They got that way by working hard to achieve the original American Dream… not Obama's new "progressive" American Dream, where everyone can live at the expense of his neighbor. That's why Obama's grandstanding must be viewed in a new way. We need to realize when Obama vilifies the "rich," he is vilifying the "achievers."

And keep in mind… these achievers are already paying their share. The top 5% of income earners in America pay nearly 60% of this country's income taxes.

 America needs the achievers. We need investment. We need capital. We need jobs and innovation and vast increases to productivity. The government can supply none of these things. So to do my part, I plan to support the achievers.

Like it or not, as deep in debt as we are, the achievers are our only hope. That's why I'm standing up for them. We need the achievers – and we need more of them to want to come to America with their corporations and their wealth. You might admire the generosity and egalitarianism of idealized socialism in some pseudo-intellectual way… But we can't afford that nonsense right now. We don't have enough wealth on a net basis left to plunder.

We need more of the people Obama and his gang of petty tyrants label "rich," "greedy," and "mean spirited." These are the people who can get our country moving in the right direction, right away. Folks who have spent their lives in the real world recognize the people Obama calls "rich," "greedy," and "mean spirited" as "successful," "accomplished," and "hard working."

 Now… before you send me an angry letter, ask yourself this question: If America had the lowest corporate tax rate in the world (instead of the highest), do you think we'd have more companies located here, or fewer? If we got rid of the estate tax, which makes it impossible for successful entrepreneurs to leave their companies to their children, do you think we'd have more family businesses, or fewer? And if we taxed all people at the same (hopefully low) rate, do you think more wealthy people from around the world would want to live here, or fewer?

 What can I do for the achievers? For one, I can stand up for them and try to convince you, my dear readers, that we need them – and we need more and more of them. As such, we shouldn't treat them so badly or try to steal from them so blatantly. More directly, of course, I can also support them by telling them exactly what they can still do to get out of that shearing line…

 In the coming days, weeks, and months, you will see more and more evidence of my support for the "rich." I plan to offer you more and more information about how to get your assets outside the reach of Mr. Obama and his ilk, including more ideas like buying foreign real estate (which is, in my view, the best way to get your assets out of the U.S. without having to report a thing to the U.S. government).

 I'll soon be publishing a report by one of the world's leading asset-protection attorneys about how you can convert your IRA into your own corporation. That will allow you to invest in whatever you like – even the things the government doesn't want you to have. This structure will also allow you to get your IRA out of the U.S. before the government seizes it and forces you to buy worthless Treasury bonds to bail them out when our foreign creditors start selling… And yes, that's what will happen.

Regards,

Porter Stansberry
Baltimore, Maryland
April 15, 2011

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