10/17/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

[email_link]

https://archives.warpradio.com/btr/InvestorsEdge/101718.mp3

JUST LETTING YOU KNOW

I received a lot of emails on the debate last night. I was on Twitter and being my usual sarcastic self.

How do I put this? Well first, obviously from your emails, nothing has changed in the con-artist corrupt media. We know what Candy Crowley did and tried to do. She was trying to act as an attorney for the President on a very important question. But I’ve got to tell you, I can’t wait for these debates to be over.

I believe there’s one left on foreign policy. Here’s the interesting story about this. I don’t think that hits anybody’s hot button. Romney’s going to say Obama’s inept. Obama’s going to say he’s done a great job and that he got Bin Laden. I don’t think that’s going to move people.

I think most of the stuff that would move people, is done. And look, remember what I told you about polls. They had exit polls with Bush-Kerry and supposedly Kerry won and they were congratulating him. If you believe the polls…man this thing’s going to be close again.

If you had asked me four weeks ago, I would have said it was over. President Obama gets a second term. I can’t say that now. And frankly, if somebody bet me, I’d probably take Romney right now.  Amazing.

When I talk about Obama and his policies, it has nothing to do with him as a person. It has everything to do with his policies. But it’s starting to get personal out there. It is just no fun to watch. And I’m sick and tired of the political hacks on both sides of the aisle. They’re nauseating.

Just remember, my pet peeve is the deficit. This is not brought to you by Barack Obama. This is brought to you buy Barack Obama and the Democrats and George Bush and the Republicans. I blame them all.

My issue in where I stand at this point is that this President promised me that he would have the deficit lower in four years and he lied to me as an American. He had nothing in his mind to do that. It was just campaign B.S. promise and I cannot forgive him for that because it is my hot button.

Others have different hot buttons.

Anyway, one more debate left.

Just remember ladies and gentlemen. If the president of the United States, whoever it may be, defines your life and where you’re going, you in big trouble to start with. Just keep that in mind.

The greatness of this country did not come out of Washington DC. It comes from the millions of us. Our generousness, our hard work, our sweat, our toil, our ingenuity, our wanting to be better on a daily basis, our wanting our families to be better, and our kids to have a great life. That’s what we strive for. And it’s in that striving that this country moves forward.

And all Washington does is get in the way, to the tune of $16 trillion of our money that hasn’t even been earned yet, that has already been spent – by those people in Washington.

That’s why when the TV comes on and I see a Republican, I vomit.

When the TV comes on and I see a Democrat, I vomit.

And the older they are and the longer they’ve been in Washington, I vomit even more.

Because it’s those people that have been there for years and years that have over overseen where we are right now.

And I kept my fingers crossed that this President was going to do something about it.

He did the exact opposite. He had no mind…he had no interest in keeping a campaign promise. That was a lie.

And I have no idea whether Mitt Romney’s going to be good or not. Maybe he’s a lying sack of you know what also. But in my mind, just get me somebody else and let’s see what happens.

That’s the way I look at it. It’s almost a default at this point. It is the biggest issue facing this country…and really around the globe.

Debt.

It is always explodes. It can blow up only so much, until it explodes. And it explodes when nobody expects it. And the people that caused it are usually off the playing field on a beach in St. Barts without a care in the world…with us left to pick up the pieces.

LISTEN TO GARY LIVE ON WEEKDAYS 6-7 PM ON A STATION NEAR YOU AND AT GARYK.COM

6-7 pm EST

Best of Investor’s Edge
Saturdays 1-2 am EST

Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.