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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

January 8th 2013: David Stockman: Congress and the FED are Killing Capitalism

In a Sept. 14, 2012 speech at the Mises Circle in Manhattan, Pres. Regan’s Budget Director David Stockman warns that Bernanke is destroying capitalism from inside out by disabling capital & money markets. This was the day after “QE3 Infinite” was announced by Bernanke. Stockman called Bernanke “the most dangerous man to ever hold high office in the history of the U.S.” Jeff Deist, Ron Paul’s Chief of Staff, will comment on Stockman's points as one who has looked at the U.S. fiscal calamity on behalf of Ron Paul, and on what kind of even larger fiscal cliff we may be facing in the future. Will

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Featured Guests

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Chen Lin

Chen Lin had been a doctoral candidate in aeronautical engineering at Princeton. However, Chen found his investment strategies were so profitable that he put his Ph.D. on the back burner to devote full time to private investing and writing a newsletter titled What is Chen Buying, What is Chen Selling Chen.s track record has been phenomenal In one account we tracked in which he used no leverage, he was able to grow 5,411 starting in 2002 to over 2.2 million by the end of 2012. You can visit his website at http:chenpicks.com
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Jeff Deist

Jeff Deist is president of the Mises Institute, an educational organization dedicated to promoting Austrian economics, freedom, and peace. Jeff previously worked as a longtime advisor and Chief of Staff to Congressman Ron Paul. Jeff is also a tax attorney, having represented high net worth individuals, partnerships, and corporations in a wide variety of tax matters. His tax career includes time at two different Big 4 accounting firms, specializing in tax issues arising from mergers and acquisitions for private equity firms.
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David Stockman

brMr. Stockman was formerly a senior managing director of The Blackstone Group. Prior to joining Blackstone, Mr. Stockman was a managing director at Salomon Brothers, Inc. He served as the director of the Office of Management and Budget in the Reagan administration from 1981 to August 1985 and was the youngest Cabinet member of the twentieth century. From 1976 to 1981, Mr. Stockman represented Michigan in the House of Representatives. He is the author of several books, including his recent book Trumped A Nation on the Brink of Ruin... And How to Bring It Back.
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