Stansberry Radio Hosts Libertarian Leader Tom Woods to Discuss U.S. Economy
and New Documentary, "The Bubble"
Porter Stansberry and Woods Say the Current American Economic Situation Could
Turn Into Another "French Revolution"
BALTIMORE, Md., Nov. 14, 2012 (GLOBE NEWSWIRE) -- via PRWEB - Last week, the
Stansberry Radio Network hosted Tom Woods – a prominent libertarian and Senior
Fellow of the Ludwig von Mises Institute – on the increasingly popular radio
program Stansberry Radio. Woods and host Porter Stansberry spoke openly about
the crisis in the American economy – specifically the current debt crisis as
well as the economic crisis of 2008 and how, in Stanberry's opinion, "the
American people have been poorly served by its leaders." Stansberry questioned
Woods to give his perspective on the timing of when there would be "some sense
of reality to hit the bond market." Woods stated it was his belief Americans
would see signs of a collapse within the next ten years. You can listen to the
entire interview here:
Woods is currently working on the production of a new documentary, "The
Bubble," which portrays financial industry experts who foretold the economic
'bubble' collapse in 2008. The documentary is due for release early next year.
During the interview, Stansberry and Woods discussed some of the defining
situations during the 2008 fallout. Referencing the bailout of General Motors,
Stansberry said, "It was the best pretend and extend deal of the sovereign
Woods said Obama did "the wrong thing" with the bailout, mentioning that the
President "violated long-standing bankruptcy laws…for (his) short–term
political gain." He also called General Motors (GM) a "wealth destruction
Stansberry is widely recognized for his prediction of the initial bankruptcy
of GM (see story here). He is currently predicting the company will be forced
back into bankruptcy again (see story here).
Before the interview, host Porter Stansberry spoke openly about the economic
impact of the re-election of President Obama, saying, "There is no chance to
change the direction our country is going." Stansberry recently published a
controversial opinion that Obama will actually serve a 'third term' as an
American President. Access the full publication here.
http://pro.stansberryresearch.com/1210THIRDLIA/EPSINB50/ His commentary was
picked up by ABC News, Yahoo, and numerous other media outlets.
"I understand the 22nd amendment. That's not what I'm talking about. What I'm
talking about is that in four years' time, Obama will not leave power,"
Stansberry said on-air.
Tom Woods is the latest prominent guest to be featured on the Stansberry Radio
Network, which is becoming a required stop for financial experts, economists,
politicians and the media. The show has been host to a wide variety of
prominent names, including Lauren Lyster, Jeff Macke and Dinesh D'Souza, who
created the hit documentary 2016: Obama's America. Other guests have included
Libertarian Presidential nominee Gary Johnson, MSNBC host Chris Hayes, former
U.S. Senator Byron Dorgan, publisher Steve Forbes, and renowned investors Jim
Rogers and Marc Faber.
Stansberry Radio Network segments can be accessed at
About Stansberry Radio
Stansberry Radio with Porter Stansberry is a top three investing podcast on
iTunes, having more than 80,000 downloads and listens per month. New episodes
release every Thursday afternoon.
For More Information Please Contact:
This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
CONTACT: Stansberry & Associates Investment Research
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