Financial Publisher Who Defrauded Public Investors Is Back With Another Ominous Video
In 2007, Porter Stansberry was sued by the SEC and fined $1.5 million for security fraud.
Porter Stansberry, the financial publisher known as much for his viral, ominous 2010 video “The End of America” as he is for his run-ins with the Security Exchange Commission, is back with another foreboding video, titled “The End of Barack Obama?”
[READ: Stansberry Claims Obama Secretly Seeking Third Term]
In the video, which runs more than an hour in length, Stansberry warns listeners that a major crisis is coming that will “shake the very foundation” of the country and could “bring our country and way of life to a grinding halt.”
Stansberry has also predicted that Obama may somehow score a third term, despite a two-term limit for U.S. presidents.
Financial website The Motley Fool concluded that “Stansberry’s core argument is sound ... although it’s not quite as dire as he would like you to believe.”