Bob Chapman on The International Forecaster of 07 July 2010 :"The failure of Congress to extend emergency jobless compensation will cause about 1.3 million Americans to lose their unemployment checks by the end of this week, and about 2 million by the first week of July, according to the Wall Street Journal.
A spokesman for the National Association of State Workforce Agencies told EIR that state offices are being swamped with calls from panicked people, responding to the news of the Congressional "screw you" to the unemployed. Adding to the agencies' hardships from state budget cuts and personnel shrinkage, the states are generally using computers whose average age is 23-24 years, to handle the cases of claimants. State personnel are counseling the jobless to keep refilling their claims, so that if the Federal government restores the compensation, their names will at least be on file."
Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
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