David Hannum: there's a sucker born every minute."
W.C. Fields: "never give a sucker an even break"
With the rise of the religious right and AM hate talk radio in the last thirty years there has been a new and very fertile garden of suckers just waiting to be had by the scores of con-men to come and pick their fruits. And oh, have they ever farmed and profited off those suckers. Enter Dick Morris, the man who said Mitt Romney would win the presidency in a landslide, is venturing into the world of finance.
According to a July 30 press release, Morris is working with Retirement Media Inc. "to educate seasoned investors on how to protect their savings with safe alternatives outside of the stock market." Morris isheadlining several events in the next few months where attendees will "hear market predictions from him." The event's website includes a video featuring "A Special Message from Dick Morris" in which Morris warns of people preying on "suckers."
The former Fox News pundit -- whose tenure was marked by a pattern of ethical misdeeds -- became anational laughingstock after the 2012 election for his enthusiastic prediction that Mitt Romney would win in a "landslide." Other failed Morris predictions included his statements that "it's very possible" Obama would drop out of the race, that Donald Trump was "going to run" for president and "he could beat Obama," that Herman Cain would "overcome" sexual misconduct allegations, and Republicans would "win 10 seats in the Senate" in 2012.
He's even better then a magic eight ball.
Sean, I hope people aren’t mad at me about it… I spoke about what I believed and I think that there was a period of time when the Romney campaign was falling apart, people were not optimistic, nobody thought there was a chance of victory and I felt that it was my duty at that point to go out and say what I said. And at the time that I said it, I believe I was right.
As investors, wouldn't those words get you so pumped up that you'd hand Morris your check book?
All I can say is that it couldn't happen to a nicer bunch of rubes.