Editor's Note: Today's Wealth Daily comes from Angel Publishing Founder and President Brian Hicks. In it, Brian explains how President Obama's actions — or rather, inaction — may lead investment markets to a rally comparable to the tech boom of the 1990s.
Next week, I'll be sending you my new gold research, in which I name three major gold companies expecting to increase gold production this year... and what this could mean for investors. I'll also be giving you the name of another company that expects to more-than-double gold production from 500,000 ounces to 1.1 million ounces per year — and more. You'll get it all next Friday.
Good investing,

Luke Burgess
Editor, Wealth Daily
Investment Director, Hard Money Millionaire
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The late, great filmmaker Stanley Kubrick wrote in Paths of Glory, "You're an idealist, and I pity you as I would the village idiot."
It must be tough these days being an idealist. Or a socialist. Or even a Democrat.
I just read an absolutely great piece of idealist anger against Obama titled "How to Squander the Presidency in One Year." We know the Tea-partiers and Independents are fed up with Obama, but this excoriation of the man and his presidency comes from the extreme left.
It's a rather long diatribe, which is indicative of the author's anger and disappointment in Obama. But if you get a chance, I highly urge you to read it. It's both scary and enlightening about how the left wants to "change" America... and more specifically, change you.
One of the funniest and personally satisfying charges leveled against Obama in the article is the following:
A related brilliant move is to mobilize a giant army of passionate volunteers dedicated to putting you in the White House, and then do nothing with them once you get there, other than taking them completely for granted and never calling upon them to do anything in support of your agenda. Be sure to deflate their enthusiasm in every way possible.
I love it.
And here's where it gets downright nasty...
While you're at it, if you're trying to run the most failed presidency ever, a really good idea is to campaign in the grandest terms possible, and then deliver squat. You know, talk about bending the arc of history. Invoke Martin Luther King's dream and his struggles and even those of the slaves. Ring the big bells of generational calling. Remind voters every thirty seconds that the country badly needs "Change!" Then get elected and turn around and continue the policies of your hated predecessor in every meaningful policy area. Only with less conviction. People will love that.
I love it so.
By the way, I have a question for the naïve and delusional who I argued with prior to Obama taking office. When you didn't believe me when I said that he could never live up to the expectations... let me ask you this: "How do you like Obama now?"
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But wait a minute...
I don't want to rub salt in your socialist wound. Believe me when I say I feel your pain. I really do.
After all, there was so much promise in Obama... so much hope. This was your chance to stick it to the rich... an opportunity to implement real change... to provide health care to everyone... to make everybody equal... to make America great again, respected by the world community.
Now it's all squandered away — gone in a year!
Look, before you start sobbing in your cup of Utopia, I come to you with some words of encouragement. I'm here to tell you that I'm beginning to like Obama. Yes! I'm starting to like the guy!
You see, his most ardent supporters are now turning on him like a pit bull that hasn't been fed in three days.
Have you seen Keith Olbermann lately? He's gone from "most annoying dude" on television to "biggest cry baby" because he didn't get his way.
And Keith's not the only one. Rachel Maddow and The Huffington Post are now attacking their impotent, socialist savior for proposing a "spending freeze."
Hey, even Dick Cheney agrees with ya, Rach. Remember that Evil Dick said that "deficits don't matter... "
Watch here as Rachel Maddow tries to give a lesson in economics to Joe Biden's economic advisor, Jared Bernstein, over the spending freeze.
But it gets even worse.
Here are a few recent headlines from articles by some heavyweight liberal writers:
* "It's Official: Obama is an Idiot" - Paul Rosenberg
* "Barack Herbert Hoover Obama" - Brad DeLong
* "Obama Liquidates Himself" - Paul Krugman
But I'm not complaining... not in the least. In fact, I'm downright giddy.
That's because if I'm right — and if Obama's health care reform is dead in the water — then the market is about to take off like a Roman candle.
You see, history is repeating itself.
When the Clinton Health Care Bill effectively died in the fall of 1994, the stock market breathed a huge sigh of relief. And the Dow took off like a bat out of hell.
Take a look:
The health care defeat defanged Clinton. He sobered up from the coffee house agenda he was pursuing. In terms of policy, he did nothing for the rest of his tenure... largely because he was president during a time of divided government. Wherever divided government exists, liberty thrives, both economic and personal.
Obama is now staring at a potentially similar situation.
If Obama gets no major social policy passed in the next three years, the market will rally big time. Mark my words.
So here's what I want. Obama... please keep fighting the good fight... keep doing what you're doing. Because it'll be bad for you and your idealists, but good for American investors.
Now that's change you can believe in.
Profitably yours,
Brian Hicks
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The fact that this man was able to fool so many people in 2008 is what really scares me. I thought the American people were smarter than that. Are we so down and out that we need a "savior"?
Thanks for a great article. I look forward to reading more of what you have to say.
With the economy, 2 Wars going on and a big problem with many people without work.
You need a BIG Change, bigger than Obama promised during the Presidential companie last year.
The American's dont understand how important it is to support this "Change" for the future !
I hope that you all find a way out of it and support your new President, he need it and you all need it !
Obama taught constitutional law at U of Chicago, home of Milton F. and the Chicago School of Economics (which went even further right than Milton F.). Everybody who pays attention expected an extremely conservative president (as opposed to right wing insane McCain, or right wing stupid Palin). Inevitably, all substantive criticism of Obama comes from the left; it has to.
A very good, to the point, concise treatise on the state of Oboma. While we do not have to agree on everything, when we CANNOT agree on even the basics of how & why our land was founded, we are at an impass. That is where I am with Obama. He now will consider offshore drilling -- but only in Brazil with Soro's led Petrobras. We need drilling here. WE need mining here. We need logging here. WE need industry here. We need real renewable energy that makes sense. For wind to work, we must have Cheap, Massive-Scale energy storage. For solar as direct PV, we need proper signal conditioning (and storage) to keep from knocking whole grid sections offline. And we must keep Sen Feinstein from killing huge projects that do make sense in the name of "the view" (Ref: Mojave Desert action during Christmas time this past year).
Brian, as a chemical engineer who studies energy of types every day, we need an approach that makes sense --- and does not just take money from your and my pocket and put it in political croony's latest scheme. While we may not always agree, I respect your work. And this last letter puts us squarely on the same page.
There is no one "silver bullet" to solve our energy and budget problems but a wide range of energy projects from traditional to non-traditional to renewable is the correct approach which I believe you too espouse.
By the way, right now I working on a new tar sands process for U.S. tar sands production, Oil & Gas drilling in the Gulf Coast & Montana; New Fuel Systems that allow dramatic fuel economy improvements (40-46 MPG on Mustang Cobra and Corvette both) and on new bio-mass/solar plants with base load capability in California and Mexico. With help form above, we can all work together to make a difference.
God bless you my friend,
Larry Cerenzie
Spanish Fork, Ut
I am (was?) a member of one of your services, and have a message for you:
"Money does not buy happiness."
I'd be happy to elaborate.
Sincerely,
John Gallo
So I'm not sure if you are correct in what you think will happen if Obama continues as he wants to.
All of us really need to be asking just what the heck anyone means by what they say instead of too quickly responding with what we think they mean based upon our own prejudices, beliefs and desires. But such is the world. As Simon and Garfunkel sang many years ago, "A man hears what he wants to hear and disregards the rest."
Did the author have any complaints during the 8 years Bushco spent damaging the economy? Or did he recommended buying stocks in mortgage lenders, investment banks, and homebuilders.
Social mood is changing Brian. Even with the stock market rebound, nobody gives a shit, as globalization and free markets are revealed to be a scam on the middle class.