Tuesday, April 14th, 2009...2:20 pm

Suze Orman Betrays Investors on Oprah

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     Stephen Palmer’s video address at http://thecauseofliberty.com prompted the following article.   

     I saw Suze on Oprah as well. It made me cry. I guess there’s a first time for everything. I don’t admit that easily. After hours of mental and emotional anguish in feeling the pain of the Americans she sold her lies to, there was nothing left to do but weep. She lied poorly, repeatedly and shamefully. She proved herself morally bankrupt and confederate with Wall Street thieves by selling out the little guy. Her performance was unconvincing. The Reverend (in the audience) that she was addressing didn’t buy it either. He scowled. When the camera operator realized this, he panned the audience and, finding no sympathy there, he kept the focus on Suze, Oprah, and the Reverends wife (who was nodding in agreement albeit with a confused countenance).

  Suze said to focus on the positive (”You still have half of your retirement account and that is better than nothing.”). That perspective fits hand in glove with the mantra “You are lucky to have a job.”

     Those phrases are degrading propagandi directed at slaves. Any appropriately self-respecting person knows that the opposite is true. Specifically, the employer is lucky to have YOU as an employee. Likewise, the nation is lucky to have YOU as a law-abiding citizen. From the stage, Suze got down on her knees with her hands together and plead that consumer investors ”not be angry. Just move on.”  But what everyone heard was, “Shut up and take it. You know there is nothing you can do about it and I’m pretending to care for you because the banks are paying me to do this.” In her words and actions, she showed her true colors as an abuser of the gentler and more trusting souls.

     I am still noodling solutions for the new freepersons who are rising up through the mist of darkness. I’m extremely close to apprehending a comprehensive new self-sustained community. The missing element is land. It must be gifted or otherwise gained before freedom can be renewed. Ideas on that front are welcome.

    Meanwhile, enjoy Reel Big Fish as they sing “Sell Out.”

Comments

Filed under Tick Talk

  • GOT IT! Seems that two hundred years ago this nation had the same problem and here is what they did:

    Invented the HOMESTEAD ACT.

    Leader: George Henry Evans

    Publication: The Radical (fancy huh?) :-)

    Grass Roots Group: Working Man's Advocate (WMA)

    Title: The Free-Soil Movement

    Motto: "Vote yourself a farm."

    History: Evans immediately began a public inquiry into the cause of the misery of the working man. A report published in the WMA (July 1844) rendered his conclusions. He wrote,

    We are the inhabitants of a country which, for boundless extent of territory, fertility of soil, and exhaustless resources of mineral wealth, stands unequalled by any nation, either of ancient or modern times.... And, yet, we allow those elements to lie dormant, that labor which ought to be employed in calling forth the fruitfulness of Nature is to be found seeking employment in the barren lanes of a city, of course, seeking it in vain.
    The report denied the authority of Congress either to withhold land from citizens or to grant it to well-connected speculators. Such privileged speculators, he claimed, “lay our children under tribute to their children.” They practice “a cruel and cowardly fraud upon posterity.” His solution? To “establish the right of the people to the soil; to be used by them in their own day, and transmitted ... to their posterity.”
  • Feb. 3, 2009; Beanieville said: "I want to make a confession to you. At times you see me quite worried about stock market declines or crashes. The truth is, it's just an emotional worry about friends and family's welfare (as they are mostly corporate people) and really has nothing to do with worrying about losing money in the stock market."

    I point this out to my readers because I want them to know that he's not always a jerk. If we filter the unsympathetic and mean-spirited from his comments, there are some truths to respect. I agree that many in the U.S.A. have been too trusting or too lazy or both in regard to portfolio management. Risk control requires education and discipline. It's like weight loss. Lots of people want it, but few have the discipline to do it.

    Beanieville also failed to mention that he has a method for balancing risk and reward in the markets. I encourage everyone to check out his program and when he publishes the notarized brokerage statements and can prove his game works, apply a value to those merits. Meanwhile, his notion of applying more capital as the market moves down could be powerful if you follow a Martingale format.

    Thanks for chiming in beanieville. We hope to hear kinder and more solutions oriented comments in the future.
  • Move on, people. Really, it's your fault for not learning how to invest yourselves all these years. You invest in your education and your corporation, yet you never invested a single minute of your time to manage your portfolio. You think you just put money in the market and then you get to retire with lots more money. C'mon man, wake up. Somebody will eventually have to lose money and it's your turn.

    Shut up and learn now, or just put more in and average down for the longer haul.
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