Reaganomics vs Obamanomics

Gotta love Ann Coulter. In a recent email, she was plugging a book that is an investor "must read" but her preface is what caught my attention. It is just a matter-of-fact recap of the obvious. Bottom line, liberal economic/social policies have killed us thruout history. I know my braniac liberal leaning friends want to discount this theory because of social responsibility principles but "at what cost".

Me, personally...I just think government needs to get the hell out of the way.

Reaganomics vs. Obamanomics

Dear Fellow Conservative,

You know what really irritates me about liberals? (Besides the fact that they're spineless little girls in pretty dresses who can't play rough because it musses up their hair...)They always think liberalism fixes the problem -- even when it was liberalism that caused the problem in the first place!

Case in point, the Financial Meltdown of 2008 (and counting). To hear liberals tell it, it all goes back to Ronald Reagan -- who with his seductive "B-actor" charm fooled America into thinking that by slashing taxes, regulation, and government spending we could unleash free enterprise and create a new wave of prosperity.
Sure, liberals concede, that seemed to work for, oh, the better part of three decades, but now we're paying the price for all that "greed." The solution? A return to the pre-Reagan policies of Jimmy Carter, LBJ, FDR... Speaking of which, what will victory look like in the "War on Poverty"? When are they going to produce an "exit strategy" from that quagmire?

Unfortunately, the facts -- as always when you're talking about liberal theories -- tell a different story. A story in which all the major villains, it turns out, have one thing in common: government. That's right. From the "Community Reinvestment Act" that pressured banks into affirmative-action lending, to those "government-sponsored enterprises" Fannie Mae and Freddie Mac -- who bought up all the resulting subprime loans and repackaged them as "investment grade" securities -- the greasy thumb-prints of government were all over this fiasco from beginning to end.

But those, as I say, are facts. And facts have no place in the fantasy world of Democratic policy-makers. Nor does history -- true history, that is, as opposed to the public-school propaganda that teaches, for instance, that FDR's New Deal got us out of the Great Depression, when in reality it only deepened and prolonged it.
But the question remains: What can those of us in the fast-dwindling, Reality-Based Community do to survive financially as the Obamacrats prepare a "New New Deal" that threatens to outspend the original by about ten thousand to one?

Personally, I don't have a clue. But thank goodness I know of someone who does.
His name is Mark Skousen, Ph.D., editor of the investment newsletter Forecasts & Strategies -- and he just might be the smartest financial advisor working today.
Don't let that "Ph.D." fool you -- this is no pointy-headed leftist like Obama's economic team who seem to think that all the economy needs in order to flourish are more liberals running the economy.

Skousen, after all, launched his career by predicting during the 1980-82 recession -- and to the scornful laughter of nearly all the other so-called experts -- that "Reaganomics will work."

Boy, did he get that right. And boy, has he gotten it right ever since:

• Like when he issued a "sell everything" recommendation to his Forecasts & Strategies subscribers just 41 days before the stock market crash of 1987 -- then told them to get fully invested again several weeks later, just in time for the recovery.

• And when he called the Gulf War of 1990 "a turning point for U.S. stocks" -- and the Dow subsequently began a bull market that didn't end for nearly 10 years.
• And when he told his subscribers in 1995 that the NASDAQ would double, and then double again -- which is exactly what it did.

• And when, just weeks before the NASDAQ collapsed in 2000, he warned his subscribers that tech stocks were dangerously overvalued.

• And when, in 2006 -- more than two years before the financial meltdown -- he warned subscribers that "we clearly are headed for fiscal disaster," and showed them how to protect themselves.

What's Skousen's secret? I think it begins with understanding the real laws of economics -- not the warmed-over Marxism that passes for "new thinking" to Obama's media groupies.

And here's the best thing about Mark Skousen. He knows how to make you money no matter how bad things get in the financial markets and the economy overall.
After all, he points out, the late billionaire John Templeton -- whom Money magazine called "the greatest stock-picker of the 20th century" -- began to build his vast fortune in the depths of the Great Depression.

Maybe you're not looking to be a billionaire. Maybe you're just looking to keep your head above water while the Obamacrats do their best to sink the economy. Either way, Mark Skousen can help -- and I urge you to give his Forecasts & Strategies a try.
The cost? Less than the tip on a John Edwards haircut -- in today's dollars, that is. After Obama gets done driving down the value of the dollar it wouldn't be enough to buy Governor Rod Blogojevich a haircut.

Sincerely,

Ann Coulter