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Prosperity Alert Newsletter
October 31, 2008 Edition
by Paul Mladjenovic, CFP.

This Edition:
Reminders for the coming November 4th election
Financial Vortex: My Most Important Event Ever!
Government & Freedom: A tale of two countries
Two Guys I want to send to Hell!



REMINDERS FOR THE COMING NOVEMBER 4TH ELECTION

As I write this, we are a few days away from a historic and potentially transformational election. No election has ever worried me more in my life than this one. I am very concerned about what politics will look like after November 4th. the economy is the central issue as I write this and I think that there is a lot of confusion out there. Just look at the two leading choices we face as our next President; McCain and Obama. The choice boils down to should we choose BIG government with McCain or BIGGER government with Obama. My associates and I generally agree that the next few years will be bad; very bad for our economy no matter who gets in.

Will we vote in a president and a Congress that will help us work our way out of this horrific mess or will we vote in a group that will make matters worse? Will we as voters make an informed choice or will be vote emotionally? Will we make choices based on logic and reason or based on emotion? Right now, millions will vote based on the clarion call of Change. What does that mean? How does anyone know if change is good or bad? Remember that When Hoover wrecked the economy, the voters did indeed choose change and went with FDR. They got change alright; they got a decade-long Great Depression. What I try to tell people is that recessions and depressions are caused by government policies; they are not caused by capitalism or free markets. Please hear me out with these points as I cut to the chase:

* Big government has caused our current economic ills.

* Right now, voters will be choosing between big government and bigger government.

* Big government means big problems. Bigger government means bigger problems.

The current polls are telling us that voters will probably choose bigger government.

In fact, there is a very real chance that America may make the fatal mistake of choosing socialism. This would be a tragic shift to very big and intrusive government.

This has me very worried. People don`t understand the ramifications of their vote.

Don`t get me wrong; At the risk of offending someone with my brand of politics I will tell you upfront that I am a libertarian and my favorite choice is Ron Paul. I may not agree with all his positions but Ron Paul understands economics and he warned us years ago about today`s massive problems. Check out his www.CampaignforLiberty.com. Yet, sadly, he is no where on the radar screen. Instead, America is unwittingly obsessed with growing government instead of shrinking it. This is very dangerous stuff and the next few years will be the most treacherous in American history. Freedom and free markets are at risk. We as a nation are facing a hell storm of problems converging simultaneously during 2008-2010. Economic, financial, geo-political problems and Peak Oil. I am very fearful for everyone`s well-being; financial and otherwise.

A good (yet disturbing) article is Roger Wiegand`s latest essay at:

http://www.kitco.com/ind/Wiegand/oct302008.html. Eye-opening! Yes...attendees at the Financial Vortex will get a chance to meet Roger and ask some questions. Right now, I am on record as forecasting an inflationary depression which is why I want everyone to be informed and prepared. The best place to start is the Financial Vortex.

This is why I created my conference, Financial Vortex. If you want specifics on how to survive and thrive in the coming crisis years, please attend. Everything going on right now (and what will come) is exactly why I called it Financial Vortex to begin with! The 3rd Financial Vortex will happen on December 6, 2008.


IT WILL BE MY MOST IMPORANT EVENT EVER!

Please make an effort to come. I had early registration (only $49) ending October 31st  but it will be extended to November 15 because I want you to attend. If you can`t attend I will have it recorded and made available. Top-notch speakers such as David Morgan, Jay Taylor, Roger Wiegand, David Corsi, Charlie Nedoss and others will be there to share their insights with you. Armed with critical knowledge will help you prepare and succeed. You can get more details at www.FinancialVortex.com.

I can`t totally blame the voters for what will be. I think that the mass media has done a horrible job honestly vetting the candidates and thoroughly informing the public of policies and their potential affects. The public doesn`t get it that when a candidate talks what the government can do for you that there can be a terrible cost that is usually worse than any potential benefit. In a nation`s economy, government usually is the problem. However, many people are captivated by the powerful (and dangerous allure) of something for nothing. Government can not provide prosperity; IT NEVER HAS.

Government, for example, does not create jobs; the only way it can create a job is if it first takes resources (by forcesuch as taxes) from the private sector. If government creates a million government jobs it essentially must do so by destroying at least a million jobs in the private sector! The total number of added jobs is ZERO! However, since you are paying these folks with government through taxation that harms business formation. Therefore, the longer term true result is that you ultimately destroy more jobs than are actually created. But people don`t see that.

Let`s vote for more freedom, not less. Because the end result that all of us seek is more prosperity for all of us (especially the least among us). Democrats and Republicans don`t have the best answers right now but there are alternatives. Websites such as www.LP.org will at least help you analyze other ideas that are more friendly to a very necessary condition for prosperity and that`s freedom. (For a great example of more freedom vs. more government check out the coming section below).

So please for many, many reasons that I don`t have the time or space to fit in here, vote for smaller government and in the long run everyone will win. Don`t vote for big government; definitely don`t vote for bigger government. And by all means, please reject socialism. Thank youread on!


The latest stuff from Paul Mladjenovic!
New Book!: Precious Metals Investing for Dummies


Writing this absorbed much of my summer. It goes into the A-to-Z of precious metals. It covers gold, silver, platinum, uranium and other great metals. Learn how to invest into precious metals through coins, stocks, exchange traded funds (ETFs) and also futures and options. The precious metals bull market is hot and it will get hotter!

http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470130873.html


Freedom vs. Government:

A TALE OF TWO COUNTRIES (A real life example)

I think that you will find this very interesting. Say you have to choose a country to move to. Let`s call them country Y and country GC. Here is a table describing what is offered to a typical citizen:

Country Y promises

Country GC promises

* Guaranteed jobs for everyone

* Government imposes equality for all

* Socialized healthcare for all citizens

* Government guaranteed retirement

* Profit motive is abolished

* Government guarantees financial and national security for all citizens

 

* Very limited government

* No financial guarantees

* No income taxes

* No capital gains taxes or other taxes

* No welfare or government assistance

* No socialized healthcare

* If you don`t work, you don`t eat

Nowwhich would you choose? Which would be better? Is one a utopian dream? Does either one make you salivate and say GeeI`d love to move there! Think about it. Think HARD about it. Which is better? WellCountry Y sure promises a lot and some of Y`s features would certainly help any politician get elected. Right? The list of promised benefits would make any politician look like Santa Clausright? Guess whatthese countries are REAL!!! Yes they exist (or at least did exist at one thing).

Let`s get to the intriguing answers.

Country Y is Communist Yugoslavia in 1963.

Country GC is the Grand Cayman Islands in 2008.

Wow! SO what is the end result of these separate systems? Check out the table for answers:

Country

Yugoslavia 1963

Grand Cayman 2008

Economic system

Communism                   (full socialism)

Very free market (Libertarian)

What happened

The only things that total government produced were poverty, oppression and hyperinflation. Despite government promises and guarantees, the people suffered. Crime and hunger are widespread. No conditions for prosperity are possible. Many people (including me and my family escaped).

Everyone has a job. There is no crime. There is no poverty. No politicians or bureaucrats control your business or your life. There is no democracy so no one can vote to control anyone else or their property. Everyone lives peaceably and exchange is voluntary.

end result

Yugoslavia collapsed. History constantly reminds us that too much government leads to collapse (Soviet Union, etc.)

It is doing fine!

The lesson is that you can`t create a better society through excessive government no matter how alluring the promises are. Prosperity is not created by laws or taxes or government programs. Prosperity is the result of free people and free organizations exchanging with each other and doing the hard work of using our labor, innovation, imagination, aspirations and ambitions. In other words, prosperity is within ourselves. All of us have talent, ability, intelligence. Freedom unleashes this but many times we come to understand that freedom also means personal responsibility but that is the way it should be. God gave us free will but that also means that we have an obligation to ourselves and to others to be as self-reliant as possible. We cannot fall prey to the idea that we can use government as a means to avoid our responsibilities or as a short-cut to get a way through life by letting government give us resources that it takes by force from others. Don`t get me wrong; government has its good side but it must be strictly limited (especially in economic matters) if we are to succeed in the foreseeable future.

Food for thought especially at election time.


TWO GUYS I WANT TO SEND TO HELL!

I don`t normally make political endorsements but I do have some recommendations for all of you at this year`s election:

  • David Corsi (www.corsiforcongress.com) is running for Congress (12th district – New Jersey). He is top-notch! I would love to see him in Congress. Since I think that Washington, DC is a hellish place I jokingly tell people that we should send David Corsi to Hell! He understands the economy and would be an asset in a town filled with liabilities! Please tell anyone you know that lives in the 12th district of NJ to please support him and help him get elected.
  • John Frary (www.fraryforcongress.com ) is running for Congress in Maine. If you know anyone in his district, please invite them to support his candidacy. He is another guy ready for hell.

Both of these are good friends of mine so I know them well. They are intelligent, pro-freedom candidates that I tremendously respect and admire. Give them a real chance to go head-to-head with the infuriating establishment politicians and bureaucrats. In short, let`s send them to hell.

Thank you for reading my newsletter. These are historic, important and dangerous times. I genuinely have grave concerns for all the great people of this great country and I pray intensely that a good outcome will be forthcoming. God bless all of you and I wish you safety, success and prosperity.

Regards,

Paul Mladjenovic, CFP
www.SuperMoneyLinks.com
www.Mladjenovic.com

Important reminders again

Don`t forget the Financial Vortex in December 6th, 2008. Get the full details at www.FinancialVortex2008.eventbrite.com. See you then!


“Stock Investing for Dummies” the 2nd edition is now available!

The 1st edition came out in 2002 and was rated by Barrons, the financial weekly, as one of the top ten investment books that year (out of 300 books). With updated information and new insights into the stock investing environment for 2006, the 2nd edition is even better. You can order your copy at:

http://www.amazon.com/gp/product/0764599038/qid=1138517977/sr=1-1/ref=sr_1_1/104-9137451-8175124?s=books&v=glance&n=283155


An Internet Announcement

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