Skip to content


We Got Your Money!

02/27/09

Traders may not have liked Obama’s budget proposal yesterday…but some comedians did. If you’ve ever seen the movie Zoolander, you’ll recognize these characters right away. Hmnn… In the next scene don’t they die in a “tragic gasoline fight” accident?

Author Image for Addison Wiggin

Addison Wiggin

Addison Wiggin is the editorial director of The Daily Reckoning, and executive publisher of Agora Financial, an independent financial research firm based in Baltimore, Maryland. His second editions of international best-sellers Financial Reckoning Day Fallout and The New Empire of Debt, which he co-authored with Bill Bonner, were updated in 2009. His third book, The Demise of the Dollar… and Why it’s Even Better for Your Investments was updated in 2008, the same year he wrote I.O.U.S.A. Read more about Wiggin’s best-selling books here. 



Wiggin is the executive producer and co-writer of I.O.U.S.A. an acclaimed documentary nominated for the Grand Jury prize at the 2008 Sundance Film Festival and the 2009 Critics Choice Award and shortlisted for a 2009 Academy Award. Wiggin is a three-time New York Times best-selling author whose work has been recognized by The New York Times Magazine, The Economist, Worth, The New York Times, The Washington Post as well as major network news programs. 

SPECIAL REPORTThe Endless PAYCHECK PORTFOLIO : In three simple steps, unleash a steady flow of work-free income… starting with up to 75 automatic “paychecks” deposited directly into your account.

The articles and commentary featured on the Daily Reckoning are presented by Agora Financial.

Sign Up for The Daily Reckoning e-letter and receive a copy of Bill Bonner's The Trade of The Decade report… at NO CHARGE.

  

We Will Not Share Your Email.
We Value Your Privacy.

Related Articles:


ShareThis

21 Responses

  1. gmc said

    The Bastards!

    on February 27, 2009.
  2. tim carroll said

    i’m waiting for china to send me a letter of forcloser .

    on February 27, 2009.
  3. ehswan said

    Yeah, some cheap vodka mixed with some cheap beer and then this, this what? How do I relate to this, this what? Is it a video of our current admin.? I especially am repelled by the image,representation of Obamas’ wife. I’ve been reading you all for a year and (stupid me) did not realize that you are racists! Why were you not doing these little videos when the most vile admin. in our countries history was ruining things? I should have known by the comment stream that you are not worthy.

    on February 27, 2009.
  4. Pat said

    Doesn’t anyone GET IT?!??! This is the largest Ponzi scheme ever devised. The public keeps thinking the Fed, congress and Treasury are trying to “save” the economy – they are, alright! They’re “saving” OUR economy by lifting all the money from our pockets and stashing it in their own. When will the American people wake up and realize that they are being bled to death? We’re being bled down into a Third World country and then, when there is rioting in the streets, our “oh so benevolent Federal Government” will come along to save the day with an INTERNATIONAL MONETARY SYSTEM controlled by the very bankers who have bled us dry. And the American people will be grateful for their benevolent wisdom. That’s what happens when a population is raised on American Idol and Office. God help us all.

    on February 27, 2009.
  5. Pat said

    If you want to understand what is REALLY going on, read “The Creature from Jekyll Island” by G. Edward Griffin. It will all make perfect sense. None of this is by accident – it is a well-orchestrated, deliberate destruction of the U.S.A.

    on February 27, 2009.
  6. Liebold said

    Thank you Pat. You’re absolutely right. The Rothchilds’ Bank for International Settlements is running this show. Welcome to the New World Order. And those of you who don’t like to read, watch James Caan in “Rollerball”. It’s a benign treatise of the future.

    on February 27, 2009.
  7. Dara Dhillon said

    Built in feature. Price that often you need to pay to live in a democracy. Let obama enjoy now; he too will pay the price.

    on February 27, 2009.
  8. jim said

    If things get any worse, I’m thinking of moving to China and opening a laundromat…

    on February 28, 2009.
  9. A.D. Pereboom said

    In the endgame there will be a new worldwide financial system with only one global currency, which I fear and hope for, as still so far away, WorldwarIII will be in between…

    on February 28, 2009.
  10. Akiva Shoham said

    an infantile response to a difficult situation….
    Banks Underwitten Repayment Postponed Scheme
    Fractional Artificial Reserve Trading Scheme

    on February 28, 2009.
  11. wayne said

    Hahahaha! Great clip of the “gay crowd” living it up just before the tragic accident. I wish the soundtrack came with it!

    on February 28, 2009.
  12. bluebirdgirl25 said

    A very sad time in America today

    on February 28, 2009.
  13. Bertie said

    That clip has actually been around for quite some time, since the primaries I believe

    on March 1, 2009.
  14. Dad said

    ehswan’s post really sums all the problems the US is having. The worst financial situation of our lifes, our children’s lifes, our grandchildrens lifes and he is upset about the “racism” of DR. Don’t worry ehswan, Obama is going to fix this nation of cowards racist problems also.

    on March 2, 2009.
  15. Andy said

    Yep – it’s racist. The two white people are really being repressed and aren’t being made fun of at all.

    on March 2, 2009.
  16. c said

    start polishing your guns and rounding up your ammo cause your going to need them sooner than you think. Bad stuff abrewing from your sacred Federal Reserve and Govt. Great little action clip above-very creative

    on March 2, 2009.
  17. The Rooster said

    Maybe a tax revolt is in order! Buy gold, silver, and lead to protect the gold and silver!

    on March 3, 2009.
  18. Not ehswan said

    to ehswan:
    Spoken like a true racist — thanks for the typical ‘I’m a victim response.’ Not worthy? You’re not educated.

    on March 3, 2009.
  19. Navy Guy said

    ehswan, I have grown so tired of the “non-white” crowds crying game of “you don’t know what it’s like”. None born after 1920 REALLY does. Grow up, get a job and stop your whining

    on March 6, 2009.
  20. Navy Guy said

    Oh, ehswan…to answer your question “Why were you not doing these little videos when the most vile admin. in our countries history was ruining things?”,…We were all right here listening to YOUR crap. Hmmmm, seems turn around is NOT fair play.

    on March 6, 2009.
  21. shy29 said

    Nothing is gonna change or get any better no matter how much we bitch about it. They are gonna take all they can from us. So you might as well sit back, enjoy life, and take it day to day. Life is short enough.

    on March 26, 2009.

Some HTML is OK

(never shared)

or, reply to this post via trackback. Our Comment Policy.