independentsforkerry.org

The Huffington Post published an article today about the “the more than 300 lesser known Americans who have registered with the Federal Election Commission to run for the highest office in the land.”  Those mentioned include Green Party candidate Mike Ballantine, and Independent candidates “Naked Cowboy” Robert Burck and “Average Joe” Schriner.

The article also claims that Libertarian National Committee member Wayne Allyn Root is running for president:

The smart money may be against a third party candidate, but sports handicapper Wayne Allyn Root, hopes to be the Libertarian Party presidential candidate. The Las Vegas resident served as the party’s vice presidential nominee in 2008 and points to England, where a third-party candidate was able to make an impact in the last election after turning in a great debate performance.

Root is also the executive producer for the Travel Channel’s “Ghost Adventures.” He believes a one-year tax holiday would have been more successful at saving the economy than the stimulus package passed by Congress was. Root would like to introduce a flat tax.

His vocation as a sports handicapper on radio and TV stations isn’t much different from the profession of a stock analyst, he said, noting that critics point to his occupation to marginalize him.

But, Root believes a sports handicapper is well suited to understand the country’s character.

“America is the biggest gambling nation in the world, especially when it comes to gambling on small-business creation,” he said. “It’s the risk-taking entrepreneurs that made America great.”

Despite the report, Root has not filed with the FEC as a presidential candidate and is not currently seeking the Libertarian Party (LP) nomination. Nevertheless, he is often mentioned as a potential vice presidential nominee.

Candidates actually seeking the LP nomination include former air traffic controller RJ Harris, activist R. Lee Wrights, and former New Mexico governor Gary Johnson.

Independent Political Report

Wayne Allen Root has been a very effective spokesperson for liberty. Not perfect, but a much better communicator than most libertarians. That is perhaps both his strength and his weakness.

At heart, Root’s a salesman. Nothing wrong with that. So am I (and I’m FAR less effective than he is).

But I’m afraid that his bottom line is selling dubious products to “fellow travelers” in the liberty movement (see below). It’s called “affinity selling,” common in belief groups — religious or not.

Such seems to be the case below. He’s hustling what appears to be an MLM program — multi-level marketing. You go to the website, and you get a lot of hype and endorsements, but no substance as to what the program is. For that, doubtless you have to sit through a presentation. Bad sign.

For 20 years I was a CFP financial planner. I worked on commission. I sold good products and bad. While overall I did pretty well for my clients, I made just about every investment mistake there is at one time or another — except pyramid schemes.

I also got to review many investment and business propositions brought to me by clients. I can see, feel, taste and smell a hustle.

Indeed, I contacted the SD COUNTY DA on the infamous local J. David Dominelli commodity pyramid scheme 18 months before it collapsed (the DA did nothing despite two letters I sent detailing my concerns).

Some MLM’s are just harmless pyramid marketing schemes without much front money (think Amway) — others are terrible frauds. Can’t say which one this is, but I’d bet dollars to donuts it is one or the other.

One important aspect of such programs is that the salespeople have to BELIEVE in the program. It’s almost a religion. Few (generally found at the top of the pyramid) are actual con men, hucksters who understand the game.

I suspect that Root is a believer. I KNOW he’s be a passionate and effective sales person for the deal.

I caution Libertarians to be skeptical. Indeed, skepticism is a trait that we have in abundance — except perhaps when we trust the messenger.

Trust NO ONE in investments — and especially in MLM. Think Bernie Madoff — a superb con man who successfully worked his belief group — Jews. Similar con man Ponzi hustles are particularly common among Mormons and Baptists.

Let’s be VERY careful out there.

Independent Political Report

By Wayne Allyn Root:

http://www.newsmax.com/WayneAllynRoot/President-Paul-Cain-candidate/2011/10/24/id/415492

The mainstream media seems to love the traditional status quo robots (Bush, Clinton, Gore, Bush Jr., Obama, Romney) who got us into this economic crisis of epic proportions — while despising and disregarding non-traditional candidates such as Ron Paul and Herman Cain.

 They make sure that only a Mitt Romney or Barack Obama with a certain look (well-groomed, attractive, nice suits, good hair), certain education (always Ivy League), and certain views (support the Fed, support corporate welfare, won’t cut spending too much, won’t rock the boat) are portrayed as “popular mainstream candidates.”

 The candidates who don’t fit this traditional role are portrayed as crazy, kooky, and extreme with “no chance of winning.” 

Yet, those status quo elitists with their Ivy League degrees and orthodox views led us right into this Great Depression II. Those “traditional” views about everything — taxes, spending, entitlements, Social Security, bailouts for billionaire bankers, the Fed, wars — led to the insolvency and bankruptcy of this great country.

 Why would we celebrate and elevate the very same traditional thinkers who brought us to this point of disaster?

 Even more damning, these same beliefs (taught at every Ivy League economics department) have led us down the very same path as Europe, which is right now at the edge of Armageddon.

 Whether the masses of U.S. voters realize it or not, Europe’s very survival is at stake over the coming days — all because of too much debt, spending, entitlements, taxes, free healthcare, and government employees with outrageous pensions.

Look back at the past few years. We have lurched from a bank debt crisis to a corporate debt crisis to now a much worse crisis — a sovereign debt crisis with entire European countries on the edge of implosion .

 When banks and big corporations go under, countries save them. But who will save the countries? The world economy is at death’s door. And, there is no cavalry to ride to the rescue.

 Look at the leaders of each insolvent country now in crisis. They are the same person, cut from the same cloth. This “group think” of Ivy League spoiled brats, almost all born with silver spoons in their mouths, is at the root of all that ails America and the world.

 World leaders lack common sense or blue-collar roots. Few have ever run a business. Even fewer are self-made. These types have destroyed the world economy. It is time to change our thinking . . . and change our leaders.

 It is time to merge anti-heroes like Ron Paul and Herman Cain to create the perfect president. No traditional thinking found here. This newly merged “Herman Paul” is the kind of non-traditional, non-status quo president we desperately need.

Ron Paul was not just the first, he was the only politician to predict the debt bubble, housing crash, banking crisis, student loan crisis, and economic tsunami we are now experiencing.

 He predicted the Community Reinvestment Act, Fannie Mae, and Freddy Mac would destroy the housing market. He predicted reckless government spending would drown the nation in debt. He predicted the high cost of college, driven by student loans, would enslave college graduates. He railed about “crony capitalism.” He predicted the Fed would keep printing until the value of the dollar was destroyed. He was right about everything.

 You’d think the media would celebrate Ron Paul as a hero, hailing him for his courage. But instead he is despised for making the Ivy League elite look foolish, ignorant, and reckless. He embarrassed the smartest guys in the room, showing them to be the dumbest guys in the room. They will never forgive him for it.

So, the media elite do the bidding of their former Ivy League classmates, painting the guy who was right about everything as “dangerous” and “extreme.” So the very guy whose brilliant insights are most needed right now is slandered and ignored.

 Then there’s Herman Cain. No spoiled-brat privileged background here. He’s the son of a maid and chauffeur who became CEO of Godfather Pizza — a self-made success. Those are the perfect qualifications for a president.

 But the D.C. insiders, big business, and media elite hate Herman. Why? Because he is not a member of their snobby little club. He climbed the corporate ladder based solely on talent and relentless spirit. He makes the elite feel guilty and insecure.

 So, they belittle the “simplicity” of Cain’s 9-9-9 tax plan. They forget to tell you that Hong Kong has the best economy in the world with booming revenues and almost no unemployment — all based on the simplicity of a 16 percent flat tax, plus zero capital gains taxes.

 Likewise they forget to tell you that the simplicity of Ronald Reagan’s tax plan to cut income taxes from 70 percent to 28 percent turned the worst economic crisis since the Great Depression into the greatest economic boom in world history.

 Simplicity and common sense are exactly what we need right now in a president. We need the kind of blue-collar common sense that comes from a country baby doctor Ron Paul and a son of a maid turned CEO Herman Cain.

 We need to run away from elitists with traditional ideas and orthodox thinking who have destroyed the U.S. economy.

 America desperately needs a President like “Herman Paul.”

http://www.newsmax.com/WayneAllynRoot/President-Paul-Cain-candidate/2011/10/24/id/415492

 Wayne Allyn Root is a former Libertarian vice presidential nominee. He now serves as Chairman of the Libertarian National Congressional Committee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: www.ROOTforAmerica.com.

Independent Political Report

It’s all over for Mr. Obama. He is a one-term President, destined to go down in the record books as the man who presided over a second Great Depression, the destruction of the middle class, and the loss of America’s Triple A credit rating. The proof is found in the historic, almost unimaginable, GOP victory in Anthony Weiner’s old Congressional district in Queens. Yes, I said Queens- as in New York City. Heavily Democratic, heavily liberal Jewish, Queens, New York. The center of blue-collar white Democratic Party power. Republican Bob Turner pulled off one of the biggest upsets in U.S. political history there last night. He became the first Republican elected from this heavily Jewish Democratic Queens, NY district since 1923.

There are no excuses. In a district that is 40% Jewish and filled with Orthodox Jews, a 70-year old Catholic Republican upset a Orthodox Jewish Democrat from a prominent Queens political family. Democrats pulled out every stop. Big labor campaigned day and night for the Democrat. Former President Bill Clinton and popular New York Governor Andrew Cuomo lent their voices to get-out-the-vote robo-calls to Democratic voters. And none of it mattered. The Jews have abandoned Obama.

The average voter doesn’t understand the “inside Baseball” of politics. But here is the “Monarch Notes” of the GOP’s historic victory. First, the anger of white middle class voters towards Obama is boiling over across the country. If Obama has lost Jewish support in Queens, he’s lost support from white middle class voters everywhere. Second, Obama’s mishandling of the economy is destroying the middle class, and even lifelong Democrats in Queens, NY are feeling the pain (and clearly seeing Obama’s incompetence). But this picture is incomplete.

Here’s the big reason for this historic GOP victory that few outside New York understand: This race really was about much more than the economy or jobs. Sure those issues were a constant backdrop. But in the end, it was about common sense issues for Jewish voters: Israel and the Mosque at Ground Zero. Jewish voters are outraged at how Obama has treated Israel; disgusted with Obama’s support of the Palestinians, led by terror groups; and shocked by the support of both Obama and the losing Democratic Congressional candidate for the Mosque at Ground Zero.

The heroes of this once-in-a-century historic upset are former New York Mayor Ed Koch and the Republican Jewish Coalition, both of whom worked hard to spread one simple but powerful message to Jewish voters: “Send a message to Obama that Israel is America’s best friend, and you do not accept the way Obama has treated Israel.” The Jewish voters of Queens were told by Koch and the Republican Jewish Coalition that there was only one way to send this message- elect a Republican Congressman for the first time in modern history.

Message sent. Game. Set. Match.

But it wasn’t just Obama who heard the message. It was Hillary Clinton too. Hillary now knows Obama is weak and vulnerable…among Democrats. And among Jewish Democrats who have loyally voted Democrat their entire lifetimes. If the Jews have abandoned Obama, turn out the lights and close the door behind this President.

This political pundit predicted on Fox News Channel over 18 months ago that Hillary Clinton would challenge and defeat President Obama in a Presidential primary in 2012, once voters experienced the carnage wreckage of the economy under a socialist President. I believe Hillary is weighing her options at this very moment. She now knows that blue-collar white Democratic voters across America have broken with Obama. The Jews are the final straw that broke the camel’s back. It is now clear that in places filled with white blue-collar voters- like Ohio, Michigan, Indiana, Pennsylvania and Texas- Hillary could defeat Obama in a Presidential primary- just as I predicted 18 months ago.

Only one thing is holding Hillary back from a decision to jump into the race. I believe she is concerned with political strategy. She now knows she can defeat Obama in a Democratic primary. Her only concern is the loss of black voters for the general election. If black voters see Hillary as a back-stabber of their beloved Obama, and sit on their hands for the 2012 general election, Hillary cannot possibly defeat her Republican opponent. That is the debate now raging in Hillary’s camp of political advisors. Her question is simple- Is there a way to defeat Obama but still retain the support of black Democratic voters for the general election? If Hillary and her advisers can come up with a positive answer, she will soon announce that she is running against the incumbent Democratic occupant of the White House for President of the United States.

Wayne Allyn Root is a former Libertarian Vice Presidential nominee. He now serves as Chairman of the Libertarian National Congressional Committee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: www.ROOTforAmerica.com

Independent Political Report

The news media in this country are in a stupor. Either out of ignorance, or complete leftist bias and fraud to protect their socialist hero Barack Obama, the mainstream media has turned a blind eye toward the enormous disaster facing our economy. The greatest Ponzi scheme in world history is coming to an end, leaving America on the precipice of economic Armageddon. Here are the facts the mainstream media does not want you to see- hiding in plain site just like Osama bin Laden was.

Bill Gross is the world’s biggest bond trader. He runs the PIMCO bond fund with over 0 billion under management. He recently disclosed through financial filings that PIMCO has sold every single U.S. bond in its portfolio. Local, state, federal bonds- all sold off. Gross knows bonds are about to default in record numbers. And most importantly, he knows that the last resort of the Federal Reserve buying our own government’s bonds at auction is a certain sign of Armageddon. When no one is left to buy your own debt but you, you have reached the end of a Ponzi Scheme.

Then there is legendary Wall Street investor Stanley Druckenmiller. He, too, is calling the Fed’s bond purchases a fraud and a Ponzi scheme. Druckenmiller says, “There is a phony buyer of billion per week of Treasury Bonds.” The phony buyer he refers to is the U.S. government. Druckenmiller knows that when a country resorts to buying its own debt, we are seeing the last days of the Roman Empire.

Another Wall Street legend, Jim Rogers, spoke out at a business conference last week. He said he plans to short sell (bet against) U.S. bonds with both hands. Rogers added, “If any of you have bonds, I would urge you to go home and sell them. If any of you are bond portfolio managers, I would get another job…if I were you, I would think about becoming a farmer.”

Finally, we have the opinion of municipal bond expert Meredith Whitney, named by Fortune magazine as “one of the 50 most powerful women in business,” and by Time magazine as “one of the 100 most influential people.” She sees America in financial ruin with 50 to 100 cities defaulting on their debt in the next year.

What do these financial legends know that the rest of us do not?

First of all, reality is catching up to America. The Ponzi scheme of printing fake money to pay real bills is coming to an end. The jig is up- there is no way to sustain America’s massive welfare state anymore. When the Stimulus runs out, states will face disaster. The federal government currently pays for 30% of the states’ bills. Without that welfare from the feds, the game is over for the states.

But that is just the start. The states pay 40% of the bills of their cities. As soon as that welfare ends, look for mounting numbers of municipalities to declare bankruptcy and default on their debts. The vicious cycle is only getting started.

On the federal level, the trustees of both Social Security and Medicare admitted just this past week that their massive Ponzi schemes are running on empty. Both funds are running out of money far sooner than projected. Social Security will now run a permanent deficit. It is also important to remember there is no money in the “lock box.” All that is in the lock box is worthless paper IOU’s. It has all been spent. The Ponzi scheme is unraveling.

The list goes on. The country’s annual deficit approaches trillion. The national debt approaches a staggering trillion. The debt plus unfunded liabilities approaches an unimaginable 0 trillion. The debt-to-GDP ratio approaches the 90% number- a figure that few countries have ever recovered from. One of every seven Americans is on food stamps. We are fighting three expensive wars with no purpose, and no end in sight.

Every economic recovery in modern history has been led by a residential real estate boom. Yet today, the real estate crash is accelerating. The current real estate implosion is now worse than the Great Depression.

But I have saved the worst for last. The two scourges of any economy are unemployment and inflation. That is why those two statistics make up the entire “Misery Index.” The only expert I trust to give the true figures is John Williams of ShadowStats.com. He calculates those numbers the way our own government did until 1990, when they decided to rig the system to prevent panic and unrest. Based on pre-1990 calculations, today’s CPI inflation is now over 10% and unemployment is 15%. This 25% Misery Index is, by far, the highest in modern history.

Even more foreboding, 10% inflation is a leading indicator of hyperinflation on the way. Any rise in inflation would force dramatic raises in interest rates, which would eat up the entire budget. Game over for America.

History always repeats. This vicious cycle of misery will force massive layoffs of government employees, and massive cuts in entitlements and social services. This will result in Greece-like levels of protests, government employee union strikes, unrest, and riots.

The ancient Chinese proverb says, “May you live in interesting times.” We are all watching history. This is the unraveling of a Ponzi scheme.
 
Wayne Allyn Root is a former Libertarian Vice Presidential nominee. He now serves as Chairman of the Libertarian National Congressional Committee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: www.ROOTforAmerica.com

Independent Political Report

Wayne Allyn Root, the 2008 Libertarian Vice Presidential candidate, best-selling author, Fox News Channel regular guest, and outspoken Libertarian-conservative media personality, guest hosts the nationally-syndicated “G. Gordon Liddy Show” on Monday December 27^th.

Root’s guests will include former Republican Presidential candidate, Chairman of “Campaign for Liberty,” and Best-Selling author of “End the Fed,” U.S. Congressman Ron Paul; nationally known economists John Mauldin and Kip Herriage; CEO and anti-union activist Dave Bego; and Tea Party Express Founder Sal Russo, among others.

Root is a high-profile speaker at Tea Party events across the USA, and serves as elected member of the Libertarian National Committee (LNC) and Chairman of the Libertarian National Congressional Committee (LNCC). His best-selling book, “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts” is now out in paperback. His web site is: www.ROOTforAmerica.com.
—

Independent Political Report