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Tuesday, May 5, 2009
Newsmax Promotes Anti-Obama Financial Webinar
Topic: Newsmax

By repeatedly misleading and lying about President Obama, Newsmax has obliterated any sense of moderation suggested by Christopher Ruddy's rapproachement toward the Clintons. Now Ruddy himself is going all in with his promotion for Newsmax's May 7 "webinar" on -- well, we're not exactly sure what it's about.

One email signed by Ruddy takes a populist tone by being both anti-Obama and anti-corporate:

Dear Newsmax Patriot,

Our country is in dangerous hands. Over the last year and a half you’ve seen your 401k obliterated…your investment portfolio drained and the value of your home demolished. And despite the recent rally, I promise you dark times are ahead.

Instead of helping the 3.3 million people that have lost their jobs over the last 5 months (5.1 million since 2007)…President Obama is taking great effort to grant amnesty to 12 million illegal immigrants.

How can that possibly help your friends, family and neighbors that are getting laid off, forced to leave their homes, or even worse – left homeless altogether.

America has become the land of corporate welfare checks…taking money out of your pocket and handing it to greedy Wall Street crooks who ask for their bailout and then go cash a 7 figure bonus check.

In fact, Obama is not "taking great effort to grant amnesty to 12 million illegal immigrants" -- it's not even on the agenda for this year.

The webinar appears to be offering some sort of financial advice (boldface and red type in original):

You’ve spent your life working and scraping together every penny you could save and now it’s being paid out to these crooks two times. First with their corporate bailouts. And then with the 7 and 8-figure bonuses they have no problem cashing at your expense.

Don’t worry though! Our economy will correct itself because President Obama is going to fix our sweeping unemployment, right?

Well if you are one of the 12 million illegal immigrants he’s looking to find jobs for yes . . . but if you are an Average American . . . sorry you are out of luck.

I’m angry . . . and I’m guessing so are you.

But before today there wasn’t much you could do about it. How could your voice be heard over all of the cheering and celebrity praise for our “Rock Star” president?

No longer will our message fall on deaf ears.

Today I’m calling out for you to join me as I set forth a plan to retake the money and financial opportunities that have been stolen from you.

At noon, on May 7th, I’ll be hosting a National Webcast to reveal a blueprint for how you can save your nest egg and investments from utter oblivion.

I’m gathering the Nation’s best (and unbiased) minds on finance and together we’ll hand you a free roadmap to financial recovery. Former CNN anchor, Bob Losure will join me to help moderate this ground-breaking event.

Even Dick Morris, the famous Fox News analyst and renowned political strategist, will be joining us on air. Dick has some very important things to reveal.

This won’t be some retread of the garbage “solutions” you are fed by the mainstream media . . . I’ll be sharing specific points you can implement into your portfolio immediately to start to gain back everything you’ve lost.

And on this webcast, I will be making an announcement that will absolutely shock you into action . . . I promise it.

We're not sure why Dick Morris is involved, but Ruddy seems to think he's a financial guru (albeit one who doesn't pay his taxes).

So what's the big, shocking announcement? Again, who knows? We'll just have to wait and see.

Posted by Terry K. at 12:02 PM EDT

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