Episode 37 - Why GE Could Be the Next Enron & How to Fix Corporate AmericaPorter reveals why no major media outlet will cover his best-selling book, American Jubilee, which has sold over 50,000 copies in the last few months. Is the dirty math at General Electric about to get a lot worse? Porter has new information about dubious accounting practices used at GE that can potentially put the conglomerate in the same league as Enron. He offers a solution for corporate America that would immediately stop the crazy debt madness and financial shenanigans found at some major public companies.Dan Denning of the Bill Bonner Letter joins Buck and Porter to talk about the early days of Porter's publishing business, why he recently traveled 3,000 miles out west looking for "bolt hole" communities, how he hates to disagree with Steve Sjuggerud, and what newsletters he's reading these days for ideas and inspiration.The mailbag is filled with questions about Porter's natural gas prediction, capital efficiency, and the Stansberry Alliance. One listener writes in to tell everyone how he was almost "Bucked" on a position in GE before he heard Porter's analysis.Subscribe to stay up to date with the latest videos ?-? https://www.sbry.co/suBiHBe sure to click here to never miss an episode ?+"GOOGLE PLAY MUSIC ?-? https://www.sbry.co/lkwhpITUNES ?-? https://www.sbry.co/7OQ79SOUNDCLOUD ?-? https://www.sbry.co/jHn5hSTITCHER ?-? https://www.sbry.co/tEkL5------------Follow us on Twitter ?-? https://www.sbry.co/p11ihJoin our Facebook Community ?-? https://www.sbry.co/fMckKCheck out our website ?-? http://www.sbry.co/wUAyeCheck out Stansberry NewsWire ?-?https://www.sbry.co/IhNeWCheck out Health and Wealth Bulletin ?-? https://www.sbry.co/iHRmDCheck out Extreme Value ?-? https://www.sbry.co/EvIiH------------0:38 Porter tells Buck about his new status as a best-selling author, and theorizes about why the New York Times will never put him on their bestseller list. 4:00 Porter reads from Grant's Interest Rate Observer regarding the Multi-Employer Pension Reform Act of 2014 that gives pension plans an avenue to reduce payments to their beneficiaries up to 50%. 7:18 What's going on in the FBI? Buck breaks down the latest in the FBI's alleged plans to take down Trump's campaign in what could be a bigger scandal than Watergate, and why he's still reserving judgement. 10:35 Buck makes a prediction if Democrats take Congress this fall: They will impeach Donald Trump. It's what their base will demand they run on - but even if they take control, one threshold in the Senate might save Trump. 12:43 Porter shares his own radical fix for our broken, circular-firing squad politics: Give citizens voting power equal to the taxes they pay. "Look at the history of our democracy since we went to universal suffrage - they're not good outcomes."23:15 Porter picks apart the lie that ballooning CEO compensation is "just what the market bears out" and reveals why the situation with GE is about to get $20 billion worse. 30:22 Porter asks Dan which newsletters he's reading these days and he tells you why he never likes to disagree with Steve Sjuggerud. Dan gives Porter a tip about a favorite new writer he's reading that you've likely never heard of before.36:49 Dan tells you about his recent 3,000-mile journey in the western US looking for "bolt hole" communities that you can move to in times of crisis. He found whole parts of America that are emptying out, but offering great opportunities in real estate and peace of mind.40:09 There's one recommendation that probably embodies his investing philosophy better than any other - Hershey - and Porter reveals what makes it so special. Dan shares the two qualities he looks for, and the investment that went up 5,000% after he recommended it. 49:26 Dan explains why history is of little help making sense of today's markets where traditional asset class relationships don't seem to be working anymore. Porter agrees and goes into detail on how the true barometer of financial excesses today isn't in the stock market. 58:34 With a small amount of envy, Porter shares the findings from the full audit of Steve Sjuggerud's newsletter recommendations, and how since inception of his letter in 2001, the average gain is 20.6% - a record that beats virtually every hedge fund and mutual fund, and doubles the S&P 500's return. 1:06:02 Buck reaches into the mailbag and pulls out a question from Jim T., who asks Porter how he gets his prediction that natural gas prices will rise to $10 when fracking is already unleashing such a supply glut. Porter responds it all comes down to what the Chinese will STOP doing.