Posted on 11/09/2012 11:41:17 PM PST by AZLiberty
This ad from Stansberry just appeared on Drudge, predicting that the economy will boom in Obama's second term, giving him the leeway to expand his power so far as to enable a third and maybe fourth term. To save you the trouble of watching/listening to the whole video, here's a summary: Obama is in the right place at the right time to take advantage of the forthcoming oil and gas boom due to fracking and horizontal drilling technology. Spindletop (1901) made possible the expansion of presidential power under Teddy Roosevelt. The East Texas field exploited by H.L. Hunt (1934) led to the end of the Great Depression, expanding presidential power under FDR. Today, according to Stansberry, the oil shale boom is even bigger: "20 new Persian Gulf fields right here in the U.S." and "The U.S. will outperform Saudi Arabia by the end of the decade." Chemical companies are now relocating facilities back to the U.S. because of the boom here in natural gas production, and soon in oil production.
This will be a huge gift to the Obama administration, and a huge opportunity for Obama to squeeze political contributions from thousands of productive companies. Shakedown city, leading to American socialism, by the same process that Venezuela's oil wealth led to Hugo Chavez's rise.
The video is an ad for his newsletter, so all the specific investment recommendations are anonymized by Stansberry, but are based on the current gas boom and the near-future oil boom
Goldman Sachs see the U.S. as the leading oil producer by 2017. Good for the U.S., but far better for Obama and the Democratic Party. U.S. will actually strengthen its superpower position. The number of active oil drilling rigs has already gone through the roof. The collapse in natural gas prices will soon be followed by a collapse in oil prices (oil inventories in the U.S. are already at a near-record highs).
Gas is already displacing oil and coal as fuel sources. Using natural gas can save a big-rig trucker almost $20K/year in fuel prices. Switching millions of trucks to natural gas can save over 1 million barrels of oil per day. The market will eventually equalize the price of gas and oil, by increasing exports and consequently increasing prices.
Exports of natural gas will put Obama in the catbird seat, building his personal power around the world (a la Putin and Chavez). Millions of Americans will applaud the extension of Obama's power because they'll be getting more free stuff. Socialism will gain even more favor, leading to a third term for Obama.
Investment advice: you can make money by investing in natural gas and oil. We can't avoid socialism: almost everyone will soon be feeding at the government trough. But you can make money through private enterprise, by investing in the tool-makers and the infrastructure needed to get oil and gas to market (as in the past, Britain and Royal Dutch Shell profited from the discovery of oil in Indonesia by building the Suez Canal.) We need a huge investment in LNG terminals and tankers. Stansberry recommends an unnamed shipping company as a "sure thing" and another unnamed company that is the only company that is building LNG terminals for operation in the near future. Obama will decide who gets the license to operate the terminal, when he gets good and ready -- i.e., when the political donations are large enough.
A third way to make money: invest in an electric company who will soon see much lower energy prices, hence much larger profits. 900 of the next 1000 power plants will be natural gas rather than coal.
A fourth way: invest in the takeover of an Israeli offshore natural gas producer (ATP Oil and Gas, ATPG) who is still undervalued, because the company is bankrupt. But buy the assets, not the company, for pennies on the dollars, by buying the company's bonds as "distressed debt".
A fifth way: huge new (35 billion barrel) "secret" shale oil play.
One report is called "Global Oil Value Monitor", and shows valuation analysis for all the companies Stansberry is tracking, with a focus on assets, not stocks. The decline in oil prices will hurt stock prices, so buy "huge tracts of land" with oil and gas under them.
Year of weekly newsletters, 5 "free" reports, regularly $99, "today only" $49.50, four-month money-back guarantee. Click here to subscribe if you don't want to watch the whole video.
There is a constitutional amendment limiting presidential terms to two.
He ignored the Article II natural-born citizen requirement, so why should he let a silly little amendment stop him?
I know. The Constitution didn’t hold FDR back. Threatening the Supreme Court got him where he wanted to go. National popularity made it possible, which is Stansberry’s point.
Just wait.
Summer, 2014. Michelle Obama embarks on a “listening tour”.
Be Afraid. Be VERY Afraid. . .
I hate those Stansberry ads. I don’t think they know anything special except how to scare lots of people.
Wait a minute.. Isn’t this the SAME group that predicted the stock market would crash and massive fiscal Armageddon by the end of 2012?
As for the term limits, there is no way an ammendment could be ratified in less than 4 years as I can think of at least 13 states that would be opposed to it.
Maybe their Mayan office.
I’m almost 62. Let the payments come to me while I fade away. The next generation of my family would love to see obama get 4 or 5 terms. And they’d like to seal the deal today. Obviously they don’t give a damn so why should I? If obama gets 4 terms and the economy booms as he’s turning it social, good for the next generation. They can pay the fiddler. I’ll be dead.
We haven’t seen the end of 2012 yet.
Are you implying that FDR got around term limits? Because presidential term limits didn’t exist then. They were put in because FDR had run four times.
No such implication. He ignored the then existing Constitution to push through national make-work programs and social security.
Per Salon.com this is the group that accidentally sent an email to a list of Newt Gingrich supporters they had obtained saying that Obama would win a second term and the only question was whether he would win a third.
The Constitution did not limit Presidential terms until it was amended in response to FDR.
We have four more legal years of Obama, no reason to speculate on anything after that.
He might have gotten away with that, he can’t with this.
Whether you are willing to admit it or not, there are major differences of legitimate opinion as to the meaning of the natural-born citizen requirement.
There is no such ambiguity about a two term limit.
This ad could be considered satirical comment. Obama’s policies as far as “fossil fuels” go has been quite the opposite of this sales pitch and got very meek attention as part of Romney’s campaign. In fact Obama just closed off a bunch of acreage to fracking exploration.
A civil war will ensue if he ain’t out in 4. I might start it myself.
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