Kerry Lutz's--Financial Survival Network

Don's new book Rooseveltcare is very timely. Today we are at a crossroads. America’s entitlement state is threatening to bankrupt us, and new schemes such as ObamaCare are hastening the collapse. What should we do? 

In this provocative look at America before and after Social Security, Don Watkins argues that the answer is as simple as it is controversial: Abolish the entitlement state, starting with the retirement program that created it. 

This is not another book for policy wonks about the financial trouble the entitlement state is in. This is the story of the role that Social Security has played in eroding the eagerness, energy and optimism that once defined America. And it is a guide for fighting back.

We caught up with Martin Armstrong today. We wanted to know if he was sticking by his call for Dow 32,000 and for the Dollar to remain the reserve currency. He stands by his them and cites further proof that the wealthy are sending their funds to the US. Wealthy Europeans, Canadians and Chinese are buying up properties in the US. As far as the stock market, there's no other place to put large quantities of money. No one trusts the banks or sovereign bonds, so the market can only continue going up. 

TheStreet.com's Ross Kenneth Urken talks about why it's probably a good idea to buy a house within the next 5 months. Higher interest rates, higher home prices and higher rents could make this a good time to buy, but it all depends upon your personal situation.