What if you discovered that the vet who takes care of your dog was Michael Vick? Would you think twice about bringing Fido back for his annual shots?
Or what if you discovered that your auto mechanic was a member of Greenpeace? Would you think twice about having him work on your SUV?
Of course you would. Just as, I hope, you would think twice about trusting your retirement savings to someone who secretly despised -- or simply didn't understand -- the free-market capitalist system that makes profits and prosperity possible.
Yet that, believe it or not, is exactly the position millions of Americans are finding themselves in today -- as they discover that Wall Street, far from being a stronghold of "rich Republicans" and "laissez-faire capitalists," is actually dominated by liberal Democrats who support, overwhelmingly, the prosperity-wrecking big-government policies of Barack Obama and his merry band of neo-socialists.
Think I'm exaggerating? Consider the following facts and statistics:
- According to an analysis of Federal Election Commission records by the Center for Responsive Politics, the 2008 Obama campaign received $12.6 million from Wall Street "Securities and Investment" firms versus McCain's $7.9 million
- The top three corporate employers of donors to Barack Obama, Joe Biden, and Rahm Emanuel were Goldman Sachs, Citigroup, and JPMorgan
- Employees of Lehman Brothers alone gave Obama $370,000, compared to about $117,000 to McCain. (No wonder Bush let them go under.)
- Since 1998, the financial sector has given a total of $37.6 million to Obama, compared to $32.1 million to McCain. But Obama ran for his first national office only in 2004. So McCain got less from the financial industry in a decade that included two runs for president than Obama did in four years.
What's this all about? Well, you see, the financial industry takes care of Democrats -- and as we've seen in recent months, the Democrats take care of the financial industry. After all, it's a lot easier to get rich by taking money from taxpayers than to do it by choosing consistently profitable investments for your clients.
Fortunately, there is someone who can help you invest your money who is as financially savvy and devoted to the free-market system as today's Wall Streeters are financially illiterate and devoted to shaking down taxpayers.
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.
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:
- Just this past March he called the exact bottom of the market, telling his subscribers that "stocks are a screaming buy." In the four weeks following, the Dow soared a remarkable 24.5%.
- 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.
- Just weeks before the NASDAQ collapsed in 2000, he warned his subscribers that tech stocks were dangerously overvalued.
- He told his subscribers in 1995 that the NASDAQ would double, and then double again -- which is exactly what it did.
- 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 ten years.
- And 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.
It's because of calls like these, after nearly 30 years of publication, Forecasts & Strategies is still going strong, while literally hundreds of rival newsletters have gone the way of Janeane Garofalo's acting career.
And here's the best thing about Mark Skousen. He knows how to make you money even while President Obama is wrecking the economy with his
"New New Deal." After all, Dr. Skousen 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 while FDR was wrecking the economy with his original New Deal.
Let's face it: Making money in Obama's America is about to get harder -- keeping it, harder still. So we can all use as much trustworthy financial advice as we can get. The best investment advice I know of, bar none, can be found in Mark Skousen's Forecasts & Strategies -- and I urge you, now more than ever, to give it a try.