Hour 1: David Stockman: Congress and the FED are Killing Capitalism - a podcast by Jay Taylor

In a Sept. 14, 2012 speech at the Mises Circle in Manhattan, Pres. Regan’s Budget Director David Stockman warns that Bernanke is destroying capitalism from inside out by disabling capital & money markets. This was the day after “QE3 Infinite” was announced by Bernanke. Stockman called Bernanke “the most dangerous man to ever hold high office in the history of the U.S.” Jeff Deist, Ron Paul’s Chief of Staff, will comment on Stockman's points as one who has looked at the U.S. fiscal calamity on behalf of Ron Paul, and on what kind of even larger fiscal cliff we may be facing in the future. Will we be able to scale over future cliffs? If not, what will lie ahead for average Americans? In any event, we must play the cards we are dealt and to help us figure how to best invest our money in this environment, legendary investor Chen Lin will tell us how he is positioning himself and his subscribers. And host Jay Taylor will talk about his market view & portfolio allocation to start 2013.

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