The real story about the fiscal cliff

In this podcast, economist, columnist, radio host and international conference speaker Jerry Robinson of "Follow the Money Weekly" tells the real story about the looming fiscal cliff Americans face.

He explains recent comments by the Federal Reserve, the latest GDP numbers and just exactly what the stock market has been doing.

The "cliff" is pretty much occupying Washington these days, with the Obama administration already blaming the Republicans in the U.S. House even though that body previously passed legislation addressing the issue – legislation that essentially was ignored by the administration.

Next up on the program is Tom Cloud, who explains this week's update in the precious metals market.

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Then, Robinson shares 14 success tips for small business owners – based on his experience as a "serial entrepreneur." Since the age of 19, when he got involved in business, Robinson has learned the ways to succeed and also has coached many people on how to create and manage a small business.

Those principles include the idea that one doesn't sell a product, one provides a solution.

Other ideas include a narrow focus, treating customers with respect, use technology, network with others, find a mentor and watch where the money goes.

And take a break.

"It is not uncommon for me to work 12-14 hours per day. And while much of this work is mental (not back-breaking work), it can still easily take my mind away from my faith and my family. When you love what you do (like me), sometimes taking a break from the creative process can seem pointless. Don't fall for that trap. You need a break. I believe that God instituted the Sabbath day for our benefit. Don't let your work overwhelm you," he writes.

Certified Financial Planner Jay Peroni comes aboard to talk about investing ideas, and John Bearss has the week's retirement advice.

Podcast is 1:16:10.

Previous podcasts:

Last hurrah from a state statesman

Market in 'correction' with post-election sell-off

Market in 'correction' with post-election sell-off

Election won't remove America's year-end fiscal cliff

Housing starts up, prices grow, and that's bad?

Stock-market rally 'flashing warning signs'

Staying afloadt through global monetary flood

How to cope when the government prints money

Future of the dollar and fate of the euro

‎Welcome to time of unlimited currency printing

Lies, propaganda and the 2012 vote ‎

Demise of the American war machine

16 trillion reasons why American is bankrupt

The Word from the European central bank

Building true wealth – one level at a time

"The death of paper currency

Obamacare, the Supreme Court and you

The reasons why businesses fail

Learn more about Jerry Robinson's "Follow the Money Quarterly" newsletter.

"Bankruptcy of Our Nation: 12 Key Strategies For Protecting Your Finances In These Uncertain Times."

Jerry Robinson is an economist, published author, columnist, radio talk show host, and international conference speaker. Robinson has been quoted as an economic authority by USA Today, FoxNews and many other news agencies. His columns have appeared regularly in numerous print and web publications, including WND. In addition, Robinson is also the editor-in-chief of the popular economic newsletter, "Follow the Money Quarterly."