“Keynesian” economics has been given a bad name by unprecendeted government bailouts this year. But John Maynard Keynes was also a great investor says Dr. Mark Skousen. His strategy was to buy preferred stocks of quality, high-dividend companies when everyone else was selling. Mark says today’s investors can follow this advice for big long-term gains with the John Hancock Preferred Income Fund (NYSE:HPI).

President elect Barack Obama is expected to move quickly to try and revive the US economy. Theo Casey says a new fiscal stimulus will be targeted at job creation and infrastructure building instead of free handouts. However, it still won’t stop the recession. And it will add even more zeros to Treasury debt.

The tax rebate of 2008, which is scheduled to begin this week when the first checks go into the mail, is the latest example of American mercantilism in action.