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Media Exclusion Based on Fraud & Discrimination

If you want to be featured in the media, you need to be "one of them," married to "one of them," or represent a business of "one of them"; otherwise, forget about it because they love to discriminate against "outsiders."

Why do you think my two landmark pre-crisis books, America's Financial Apocalypse (2006) and Cashing in on the Real Estate Bubble (2007), were banned and I was blackballed by all media?

Chapter 12 of Cashing in on the Real Estate Bubble (2007)

Chapter 10 of America's Financial Apocalypse (2006 original extended edition).

Chapter 16 & 17 Excerpts America's Financial Apocalypse (2006 original extended edition).

I believe one reason was due to ethnic discrimination. This is something I have spoken and written about in the past.

Another reason I was blackballed by the media was because these two books showed Main Street how to (legally) take money from Wall Street.

Unfortunately, the same people who run the financial media not only run Wall Street; they are also business partners. I call it a "partners in crime" relationship.

Regardless of how you look at it, ultimately it means Main Street has no chance against Wall Street, especially if they consume financial media.

This creation of "dumb money" is by design because it's part of the business model of the financial media and Wall Street.

Media–Wall Street Incentive Structure

The financial media and major Wall Street firms operate in a tightly connected ecosystem.

Advertising relationships, business partnerships, and shared incentives create a powerful bias toward protecting insiders and marginalizing independent analysts who challenge that structure, especially if these analysts do not share the same ethnicity as those who run the media.

Yes, I'm speaking of widespread manipulation and discrimination within the U.S. media, and I have been observing it closely for two decades now.

Kotlikoff is Just Another One of the Media's Promoted Experts

Just like all of his kin who get promoted in the media as experts despite being constantly wrong and/or consistently giving bad or reckless advice (Jim Cramer, Josh Brown, Peter Schiff, Harry Dent, Jim Rogers, Jim Rickards, Pete Najarian, Jon Najarian, Stephanie Link, David Stockman, etc.—literally hundreds if not thousands of these clowns, all of the same ethnicity), Kotlikoff cashed in from his media celebrity.

That is, Kotlikoff leveraged the public perception that he is some kind of investment expert in order to launch several companies.

As always, the media used its bag of tricks (false claims, cherry-picking, omission of key data and forecasts, etc.) to create this urban legend.

Kotlikoff's Early Fear-Based Claims

First, Kotlikoff teamed up with infamous fear-mongering copyediting scam artist Porter Stansberry to peddle hyperinflation, U.S. bond collapse, and other ridiculous prophecies.

Then he leveraged his Social Security fear-mongering to exploit the masses he scared by offering a service that allegedly tells you when to start taking Social Security.

This premise is of course bogus because it relies on assumptions of future events that no one knows.

Now he's running a financial advisory company.

Ask yourself the following question: would you trust the financial advice of a man who made some of the most ridiculous claims over the years?

Take a look.

In 2010, Kotlikoff stated:

U.S. fiscal policy is a “massive six-decade Ponzi scheme.”
The United States is effectively bankrupt due to a fiscal gap around $200 trillion.
Hyperinflation could occur if the government prints money to pay its obligations.
Foreign investors could stop buying U.S. debt, causing the dollar to collapse.
Investors should avoid long-term Treasury bonds because inflation will destroy their value.

Do these statements (made in media platforms reaching a large audience) sound like objective, rational conclusions from an academic economist, or do they more closely resemble reckless statements made by either a lunatic, or else someone seeking establish a confidence game for the purpose of leveraging one or more businesses and/or selling books?

In 2014, he continued with his fear-mongering

Brokerage accounts may not be safe because SIPC protections are essentially meaningless.
Wall Street is “Fraud Street” and the financial system is fundamentally corrupt.
Ponzi schemes are discovered frequently and investor protection is inadequate.
Investors should question the safety of the brokerage system.

2015 interview

U.S. Treasury bonds are “one of the riskiest securities in the world.”
The official federal deficit is misleading and the “real deficit” is trillions per year.
Continued money printing will eventually lead to inflation and rising interest rates.
The bond market could collapse once investors realize the fiscal situation.

2016 interview (presidential campaign)

The United States is “bankrupt right this minute.”
The country has roughly $206 trillion in true debt.
The U.S. is in worse financial shape than Russia, Greece, or Italy.
The government has been “printing money like the wazoo.”
A bond crash or financial crisis could occur if fiscal policy continues unchanged.

How Media Manufactures Experts

The amount of free promotion granted by the media to its ethnic kin (i.e., its “experts”) is virtually unlimited.

After receiving a significant amount of positive exposure from the media, these so-called “experts” leverage their newfound media celebrity status to market one or more companies, often formed only after they have achieved this media celebrity status.

This becomes the primary means by which they make money.

That is, they are not making money based on the skills they supposedly have as “experts,” but rather from the perception created by the media.

They use that perception (media celebrity status) to launch businesses that attract customers who have been fooled by this gimmick.

The only problem is that the media’s so-called “experts” are misrepresented through key omissions of fact, cherry-picking, and other tactics.

In reality, the vast majority of the media’s “experts” are cons, clowns, and contrarian indicators.

Financial Media's Business Model

The financial media’s objective is to position these cons, clowns, and contrarian indicators as “experts” in order to sell ads and throw their audience under the bus so that Wall Street can profit.

This mechanism ensures that Wall Street and related firms will pay more money for ad slots and endorsed programming.

In the process of carrying out this fraud, the media discriminates against more successful and more highly qualified individuals who are more committed to and capable of assisting the public.

Such individuals rarely, if ever, are admitted to the “media club” because the media sees them as a threat to their business model of deception, and these individuals do not share the same ethnicity as those who control the media.

Kotlikoff is Protected from Criticism Because He's in the Media Club

Has Kotlikoff ever been called out?

Of course not. He's "protected."

He has the "right" last name.

He's one of the "chosen ones." Indeed, he has been chosen to deceive Main Street with ridiculous claims and scare tactics, all while the media presents him as an expert.

Meanwhile, he uses his tribal connections as an "adviser to the IMF and World Bank" to try to sound credible.

Those who understand the reality of the IMF and World Bank know that these are establishment clubs consisting largely of academic failures and globalization shills who routinely miss every major crisis, yet always lead the charge for austerity policies and loans tied to social-engineering mandates.

The price of admission to these organizations appears to be tribal kinship or minority status, with the latter framed under the guise of diversity.

Erased from Media; Erased from Existence

Despite my world-class and unprecedented investment research track record spanning two decades, I remain banned by the media to this day.

Since 2006, I have been excluded from mainstream outlets simply for trying to get my two pre-crisis books into the hands of Main Street investors so they could avoid the devastation of the 2008 financial crisis—and potentially profit from it.

Chapter 12 of Cashing in on the Real Estate Bubble (2007)

Chapter 10 of America's Financial Apocalypse (2006 original extended edition).

Chapter 16 & 17 Excerpts America's Financial Apocalypse (2006 original extended edition).

Here are some predictions from America's Financial Apocalypse (2006 original extended ed).

Final Observation

Speaking of bait-and-switch, Larry: before you were making ridiculous economic claims and terrible investment forecasts, and now you're running a company that gives financial advice.

This is by no means the first time we see such irony, and it won't be the last because it stems from the financial media's business model, which creates legends from clowns and cons while steering Main Street into the wrong side of the trade for the benefit of Wall Street.

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