Porter Stansberry's Letter to Obama!

Porter Stansberry’s Letter to Obama
In pursuit of the truth – www.cinopsbegone.com – Tuesday, April 26, 2011

In honor of Monday’s national Tax Day, I wrote the following letter to Mr. Barack Hussein Obama. Please feel free to pass this around if you like… [The writer is with “The Growth Stock Wire.”]

Dear Mr. President,

Welcome to the ashbin of society. With the speech you gave last week, you have firmly and permanently put yourself in the same garbage bag all other communists and socialists of the 20th century. Your speech sounded like the faint echo of a speech Lenin gave in an icy square in Moscow 100 years ago.

The promises you made, Mr. President, about the government giving people things they can’t provide for themselves – a better income, reliable health care, an advance education, cheaper mortgages, a “shiny, happy life- have been made time and time again… sometimes by speakers even better than you.

And they have all been lies. While the government can demand obedience (and taxes), it can’t mandate dedication, creativity, or innovation. The fact is, the government itself is nothing more (or less) than the organized ambitions of the people…

Immediately after your speech, the price of silver went from $39 to a new high above $42. Gold went up too. These are signs, Mr. President, that the world is losing confidence in our currency. If our foreign creditors were to call in our debts, America would suffer an economic cataclysm unlike anything we’ve ever seen in our entire history.

Americans now owe a total of $56 trillion. Without the Fed’s money-printing, it’s unlikely we could afford even the interest on these debts… much less the $1.5 trillion or more in debt you continue to rack up each year after year by promising benefits we haven’t earned.

Sooner or later, our foreign creditors are going to decide our money-printing amounts to a default, and they will stop buying our bonds. On that day, everyone who trusts you, everyone who believe in your lies, will be wiped out.

Almost every American knows in his heart what made this country great for the 200 years between 1776 and 1976. It wasn’t lies of our presidents. It wasn’t our ability to print money and rip off our Chinese creditors. It wasn’t the modern crybaby mentality or our school system or our unions. It wasn’t the baby boomer’s dream of a 40-year retirement with free prescriptions drugs.

No. What built America was her people’s unwavering faith that they were free to enjoy the rewards of their accomplishments. As our country tumbles into bankruptcy, and crisis, the people are going to want their prosperity back … You don’t have the foggiest idea of how to deliver prosperity to America… you don’t understand what America is all about. Regards, Porter Stansberry

George H. Kubeck, with the times we live in; one stocks up on low-priced specials and for six months.