The #1 Libertarian Voice in America: Discussions on Economics Politics and Liberty: Recent Episodes
Jason Stapleton, on economics, politics, and liberty. Love shows like Dan Carlin, The Majority Report with Sam Seder, Tom Woods Show, Democracy Now!, The Alex Jones Show, The Buck Sexton Show, Mark Levin even Glenn Beck? You'll love this.
Listen to Jason each day as he walks you through the world from a perspective you won't hear anywhere else. If you're tired of Republican and Democrat talking points and a media that seem to use them to report the news then you're going to love this show. But it's not just about politics. It's really about liberty. How do we get more of it and how do we keep it. From individual liberty to economic freedom Jason walks you through the news in a way that inspires and entertains. It's a must watch show.
This week was as rough week for liberty...
Recently the supreme court made yet another "made up law" decision to say you don't need to prove any discriminiation, when talking about certain neighborhoods, just that it "might" be going on. They've even got programs to move certain interest groups into certain neighborhoods.
And, all week we've been talking about socialism, and how it just doesn't work. Providing evidence after evidence of its failures - even from the countries it's proponents tout as the golden examples of socialist policies. But now, even these supposed example countries are seeing they cannot continue these handouts, no amount of tweaking or changing will ever make them work.
No...the answer is to repeal them all together, and let everyone have their freedom.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Liberty took a big hit today, with the Supreme Court upholding ObamaCare law about Federal Exchange Subsidies being allowed under it's own law. Basically they said "oh we didn't mean just the state singular, but broadly". And the Supreme Court said, "OK"; totally disregarding the written law in favor of an intention.
Not only that but TPA "Trade Promotion Authority" has passed allowing the president to put trade deals to a direct vote in congress, without any ability to amend or change them. This is truly a loss of our own freedom as well, as these are our elected representatives, and many voted in favor of it!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Are you interested in advertising on The Jason Stapleton Program? Reach out to me at jason@libertyone.tv - I'd love to talk with you.
A new poll conducted by Gallup says 47% of Americans would consider voting for a Socialist. I fear we are finally headed for a cliff.
So today on the show I decided to take some time and talk about the history of socialism and what it would mean for Americas future.
Socialism is total state control. It will never be enough for a socialist to own and control just part of an economy.
Socialism is “a social and economic system characterized by social ownership of the means of production. This cannot be accomplished without force.
Communism is a natural an necessary product of Socialism. It is the violent control that allows the state to maintain its ownership of the means of production.
A Few Socialist Governments Throughout History
Lenin – Socialist to communist – His government caused the starvation of 5 million. Stalin who followed Lenin starved 6.5 million plus murdered 1.5 million people who stood against him.
National Socialists – Nazi
Hitler admired the Soviet model of the totalitarian one-party state, and applauded its Socialist ideology that human beings were expendable raw material to be used for state purposes. His plan to revive Germany’s status lead to the deaths of more than 11 million people.
Chairman Mao — Mao said, “Political power grows out of the barrel of a gun. If worst came to worst to worst, and half of mankind died, the whole world would become Socialist. Mao learned from Marx and Lenin that to stay in power, Socialists had to demolish every vestige of Capitalism.
Mao’s Socialist policies caused the starvation, or outright killing, of 30 million Chinese people.
North Korea — Millions dead of starvation, concentration camps, disease. South Korea — its infant mortality rate is 8 per 1,000 versus 88 in North Korea. Average life expectancy is 49 in the North and 70 in the South.
Cuba and Castro – Cuba once enjoyed the second-highest standard of living in Latin America, prior to the takeover by Castro. He also learned Socialism from Marx.
Castro nationalized the entire economy of Cuba. He also created his Revolutionary Tribunals and labor camps to punish speech and thought that he deemed Politically Incorrect. Standards of living declined causing the best educated and most enterprising in Cuba to flee to America.
We can go on, Chile, Ethiopia, Cambodia, and Venezuela. The result is always the same. Socialism is self destructive. It always devolves into tyranny and a socialist president like Bernie Sanders would mean the same for America.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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More social justice was enacted in South Carolina by removing the Confederate Flag, likely everyone "feels" a little better than they did, but it won't stop racism. Did you know the government thinks its entitled to what you have earned? Just ask the raisin farmers, victim of a 75 year old bill that confiscated their property for years. Afterall it's all about the "collective" - "we're all in this together". All deemed more important than your own property and freedoms.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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More from the mainstream media about Dylann Roof's hatred and racism. Obama was even a guest on a popular podcast to talk about how racism is in our DNA, like we're born with some racist chromosome gene. AND You'll never believe how Tayloor Swift held Apple accountable in what could have been a PR nightmare for their trial music service. All that and more on today's show!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Are you interested in advertising on The Jason Stapleton Program? Reach out to me at jason@libertyone.tv - I'd love to talk with you.
With the church shooting by Dylan Roof, all you can hear is talk about gun control and racism, including from the president. Moving in to the rest of the dishonesty of the establishment, people are getting tired of being put in a box, and lied to. The greater goal? - Maybe to label everyone who loves freedom, accountability, and limited government as extremists. Not to mention, not everyone is inherently racist nor should I have to pay for someone else's actions.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Are you interested in advertising on The Jason Stapleton Program? Reach out to me at jason@libertyone.tv - I'd love to talk with you.
The american people are fed up with government deception, opinion polls show that US citizens are becoming increasingly more distrustful of government. Today we'll talk about all the reasons why. Don't miss it!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If water is a right, according to the UN, why is California having its water supply to homes turned off? See rights, aren't commodities or services, rights can exist only if someone else doens't have to provide them to you. Also, climate change scare is really "heating" up with the Pope getting involved now, and gov't promises are not free, everything costs money!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
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The industry's top futures and forex trading platforms.
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Congressmen like Paul Ryan are lying to you about the TPP and the TPA. Why would they relinquish power, and then call it a gain for power. Perhaps corporate lobbyists, feeding Ryan's narrative? One thing is for certain, trade is another thing we don't need government involved in.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Greece basically tells the Eurozone off, on their entitlement cuts, and continues to try and fulfill promises they could never keep. Also, a great segment on a history of socialism in regards to Lenin, and the same words being used by Bernie Sanders. How soon we forget - Socialism is not the answer.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at support@jasonstapleton.com. We’d love to talk with you.
Progressive's emotional offense, and justice sought through entitlements and saying to another "you owe" has put Greece in its current situation with other countries and the US to follow with the likes of Bernie Sanders and more gov't bailouts and regulation. It's all one big cycle that perpetuates itself, and is never fixed.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at support@jasonstapleton.com. We’d love to talk with you.
Todays's how is all about how government regulation and oversight only hurts you and others. The latest regulations like ObamaCare and the minimum wage are going to cause massive unemployment, hear why on today's show!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
The G7 countries met this week in Europe and they're all up on climate change and how they're going to stop something they 'think' will happen, 'maybe' a few hundred years or more from now, with data supporting that we 'might' be the cause of it. Lot's of subjectivity there for something so "URGENT" as they say. But, of course they're ignoring a looming financial collapse that is surely coming, but why? How can that be? Jason reveals the answer on today's show, so don't miss it!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
For years progressives have wanted "emotional justice"; they say, "you made me feel bad, so now I want you to pay for it..". Well now its coming back around to them. Our indoctrinated youth now is using it against those who touted this ideology. The "shoe is now on the other foot", and they are afraid of the beast they have created!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Today Jason discusses the republican war mongers like Lindsay Graham and Scott Walker's much more "tip-toe" approach to it. War is an evil thing and you better not use it lightly. Also, what the TPP and the TISA trade agreements really mean for our liberty!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Yesterday's show against Bernie Sanders and socialism brought the socialists out of the woodwork to support and defend the ideology, and Bernie Sanders. Today Jason responds and irrefutably gives evidence to the demise of the, "golden standard" European socialist, societies that have fallen or will fall due to their government promises and entitlements; jealous citizens thinking they own another person's "property" or wealth.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
The focus of today's show is on Bernie Sanders, presidential candidate for 2016. The dangers of his socialist ideals and war against the wealthy. Milton Friedman believed the responsibility relies with the individual to make choices, Bernie believes government should be making those choices for you. This is so important as 2016 candidates build their platform, find the ones that believe in liberty not more government!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
On today's show Jason has special guest, John Whitehead to discuss his book "Battlefield America", about the rise of the police state and totalitarian government. Plus, that discrimination for your private company, property or services is your right and the "Freedom Act" doens't really curb the NSA but just changes who holds the data. Don't miss today's packed show!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
You'll never believe what happened to Jason on his way in to work today, let's just say the police stopped him and...you'll have to hear the show to find out! Plus the TSA is not making your flight more secure, and Obama thinks America is the most respected nation worldwide, really? All that and more on today's show!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Lindsay Graham, just another republican candidate added to the 2016 ticket. But who's really standing for liberty, look at Rand Paul and his fight of the Patriot Act, not in speech but with action. That's what matters, those that are standing with liberty. Plus, you'll never believe how much Detroit residents owe for their outstanding water utility bills. All that and more on today's show!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
On today's show Jason interviews Ben Swann founder of Truth In Media news network. The focus of the show is who's really controlling the news on the major networks and that we all need to get multiple sources for confirmation of our news, to get the real truth. Not the narrative fed by Washington. Don't miss today's great show with Ben!
Check out Ben's news network: www.truthinmedia.com
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
Facebook: http://www.Facebook.com/TheLiveShowTV
Roku: https://owner.roku.com/add/jasonstapleton
If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
On today's show Jason discusses the secret to becoming wealthy, and all the lies from progressives about how they say it's acheived. We'll give you a hint, people like Elizabeth Warren who wage war on the weatlhy are hypocrites and liars! Don't miss today's how!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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California owns the prestigious award of worst place for business 11 years running, and the war on freedom, through equality and speech wars wages on. Liberty is the solution, not more control. Tolerance is respect, not agreement. All that and more on today's show!
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On today's show Jason discusses how military officials think we just need more time and money to devote to Iraq, when the real problem is they don't want to fight to their freedom and countries like Afganistan are sure to follow in Iraq's footsteps. Also, Rand Paul eloquently describes rights, and Bernie Sanders just uses his feelings all the way through the conversation. And, why are French grocers throwing away mountains of food, I'll give you a hint...GOV'T!
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It's memorial day and what better way to spend my day off than chatting it up with a fellow vet. Johnny Adams, AKA Johnny Rocket is the host of Johnny Rocket Launchpad, an awesome Libertarian podcast for all you grown-ups out there.
If you like beer, cigarates, profanity and liberty then you're going to love Johnnys show.
He and I spend almost an hour talking about everything he's been working on including his scheduled appearance at the Liberty Summit in Vancover where he'll be talking about property rights.
Johnny has a unique, edgy and authentic podcast that I think everyone should listen to. Check it out here.
https://itunes.apple.com/us/podcast/johnny-rocket-launch-pad/id923666524?mt=2
FIRST! - LibertyOne.TV announced today make sure you sign up at:
http://promos.libertyone.tv/libertyrising
John Kerry boasts the Internet is broken without government regulation, "what we need is equal opportunity!" But he doesn't even know what he's doing. Freedom cannot exist for all if we try to provide equal opportunity. We should only be providing the freedom to find that opportunity, a level playing field to find opportunity. Not where some get special treatment over others.
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NSA Patriot Act is about to expire, and Rand Paul filibusters in protest of its renewal. But of course those in power want to tell you all the right words for your "safety" and that we're not "really" listening to you. We're just collecting all your information just in case we need it later.
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Federal budget is a joke, and the cuts they propose never do a thing. They'll end up increasing the budget anyway, and taking more taxes. Congressman Alcee Hastings thinks congress should get a raise though; they're already in the top 2% of American wage earners on their salary alone. Not to mention the million dollars in perks they receive with your tax money. Say no to the tax machine!
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Government tells media to stop portraying ISIS as threat, yet they're holding hundred car motorcaird parades. Latest news about Benghazi; so they gov't was lying to us, and knowingly imprisoned a guy - is it any surprise? And Obamacare diasters yet again, insurance premiums set to rise! All that and more on today's show!
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Jason tried calling all manner of congressional representatives and of course no one was avialable for comment on the TPP or the Fast Track bill, who knows if they've read any part of the 800 page document. Guess they'll just have to pass it to find out what's in it; where have we heard that before?! All that, and the looming financial collapse, big banks can see it, and making moves now! Don't miss today's show!
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Ever heard of "Penn Central Railroad", probably not. But you might better know them as AmTrak. It's story is full of crony capitalists and bankers, Fed and Congressional intervention, and billions of tax payer dollars wasted every year - even to this day. You don't want to miss this eye-opening story!
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Just when you thought the government (world-wide) hasn't already encroached on enough of your freedoms. Now, some elitist thinks the problem with boom and bust cycles is because of hard currency; paper, coin, silver, gold. His solution is to make it all illegal with centralized government banks telling how, when, and what you can spend it on - the ultimate government controlled economy.
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Another financial collapse is looming, but when? Are you prepared? More failed state Obamacare exchanges, and they might just get nicked by their own law for subsidies through the federal exchange, dismantling the whole thing. Gov't has made the most in taxes in the first 7 months of the fiscal year, since 1977. And, ironically Obama says privates schools are hurting our economy and jobs, yet he sends his own to private school.
Mentioned Tom Woods Podcast by Jason on Lenin and Russia: www.tomwoods.com/399
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Today's show starts off with a little history lesson about how this country was founded, which is so far from what it's become today. Michelle Obama tows the line of minorities not being able to "make it" in America, rather than encouraging them to succeed like she did. Taxes are a revolving door to the states; look at the police state. And, the gov't says banks can just confiscate your money if they do broke and because they don't know how to run a business, with more issues caused by the Fed. It's a jam packed show!
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Slow news day, but not to worry, you're sure to be entertained: ISIS is about to launch a huge cyber attack, the IRS and SSA are buying tons of ammo, and Michelle Obama is a victim of racism.
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Standards for job placement are being lowered at every turn. Abilities required for a job are now seen as discrimination. This causes poor quality of the service. Just like min. wage hikes lowers the standard at which a worker's skill is valued. Now it has been inflated and businesses are forced to close! Hear the truth today!
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Today's show centers around "real" economics not the one used today by nearly every government. They think they can just create money and growth out of thin air. All they do is exacerbate the problem and give our business false information. Making the collapses 10 times worse than they need to be. Hear why on today's show!
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Jason dismantles latest interview/question and answer of Mike Huckabee on Fox; he's convinced Huckabee is just another empty suit running for presidency. And as usual big media is feeding us ISIS propaganda. Battlefield America is real, Jade Helm is not a joke, and the rise of the police state is happening. Jason bears an unbelievable truth about it on today's show!
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The Clinton's are just covered in scandal after scandal, and Bill's NBC interview didn't help matters much. More government agencies no one needs, now they want to regulate your Christmas lights! And YES, Michael Moore is suddenly PRO 2nd Ammendment, naturally its an emotional reaction to Baltimore riots. All that and more and today's show!
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On today's show we're excited to announce our special guest David Masciotra, published author and contributor for Alternet and Salon.com. Jason and David enter into freindly debate surrounding David's view on libertarians and the issues at large. It's a friendly battle between two respected minds! This episode promises to enlighten and hear the cause and solutions on the issues from both sides. So don't miss it!
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Freedie Gray verdict finally out! All cops charged in some way or another. Basically everything we already told you on this show, among many other things like Hillary not getting passed the primaries and so on. Rightly predicting future outcomes, and defending Libertarian principles from the progressive left. That's it, "the truth, unfiltered, and unashamed".
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Ever heard of the TPP (Trans-Pacific Partnership)? Just another trade agreement. Government tells you it's to protect the "free markets", but it merely stifles competition while "big" companies lobby for the regulations because they know they can afford it. What's this 'War on Cash'; you might have trouble withdrawing money from your bank one of these days because it conflicts with their policies, look at the Swiss National Bank! All that and more on today's show!
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
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Valuations of companies like Twitter and Groupon are a joke, they still haven't turned profits, yet everyone is keen to invest. At some point its going to come crashing down. With all the rioting in Baltimore, one mother is be touted as "Mother of the Year", yet these same media outlets that praise her are the same ones that will call CPS on you for nearly any reason. Ultimately, Jason discusses the social structure of America and how government's special programs only hurt the poor, not help them! Today's show is jam packedwith so much more, so don't miss it!
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The inaction of Balitmore releasing any news on the death of Freedie Gray is bad enough, and now they've decided to let protesters riot, and aren't defending the city in the least, and frankly Jason is disgusted with their performance. All that an more on today's show!
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Just another Clinton scandal, how many is it now? More importantly, college attendance is force fed to our children, and promising them an outcome of a good job and enslaving them to the massive amounts of debt that they can't ever repay, is the norm.
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Flat tax, is it really enough? It doens't get to the root of the problem; which is bloated government. What about consumption or usage fees, if you use a service then pay for it, it not then don't. Don't miss today's show to hear more about this idea!
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People talk about immigrants stealing jobs, actually they're stealing your hard earned money through wealth transfer programs and "hand outs". We're tackling this from the wrong angle. Not only that, but what is "free speech" and should the government have the right to discriminate against it? All that and more on today's show!
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Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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We've talked about it before, media is changing; Norway is set to abandon FM radio and move to digital, gone are the days of racing home to watch your favorite show on TV. You can even move to "LibertyLand" - where is that you ask? Don't miss today's show, to find out!
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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It's all about action, not results with the government and progressives. Paul Krugman leading the way. Israel's book price fix, hurts authors, the very people they're trying to protect. Sounds a lot like mininmum wage...
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Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Progressives want nothing more to than to keep control, and have a revolving door of money and influence that goes right through each of them, all the way up to Washington. But at some point, other people's money runs out, and it all comes crashing down.
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Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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TV is dead, radio is dead, and they know it. A new era of media has already begun. But guess who wants to silence us, guess who wants to silence YOU! Those that hold the power; media giants and the government.
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A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Is your money, truly "YOUR" money? Or does it belong to someone else? And if you believed that even a portion of your money belonged to government, how benevolent are they with it; trillion dollars in debt doesn't instill much faith does it?
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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How far are you willing to go to protect your rights and your liberty from government? On today's show you'll see just how far some are willing to go to protect their Constitutional rights.
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Today's show takes a in-depth turn to educate you on why our economic status is false, and how the central banks and government have merely put up a facade that is growth. Jason also talks about the depression of 1921 that only lasted 18th months! Don't miss today's show to find out how!
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Jason predicts Hillary won't make it past the primary elections. While mainstream media pushes wage inequalities and how taxes are more harsh on the poor and that we need price controls - hear why Jason thinks why this is a bad idea on today's show!
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Sanctions are an act of war. If you are determined to not see a country do a certain thing, or to spread ideals of freedom and liberty for everyone why not just go on a quest to spread freedom by conquering nations? Jason debunks the success of war preemption, so don't miss it!
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
What are our true rights? Many people today think "rights" are things they FEEL they are entitled to have. But these views often force others to give up their rights for the sake of others. This isn't a fair application of rights or freedom. Here Jason's view on true-rights that give the most amount of freedom to everyone.
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
IRS wastefulness, life on other planets, police officer murder, and Rand Paul's own is against him. This is sure to be a show you don't want to miss!
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
The GOP and Republican Party is a disgrace; they would rather fight another political party for election than stand up for this country and its founding principles of freedom and liberty for ALL. Just as those who want to preserver freedom and free markets are looked down upon so is Uber for its supposed "price gouging", but here the real reason from Jason, on today's show!
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
The water-shortage in California created by government manipulation of prices and water consumption; but of course the answer is MORE REGULATION, the same, tired old story. And the best way to ensure war with someone is to place sanctions on them, you know, like Iran. All that and more on today's show!
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Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
With Jason away on travel, we thought we'd bring you a "The Best of.." episode from past shows. Enjoy.
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
With Jason away on travel, we thought we'd bring you a "The Best of.." episode from past shows. Enjoy.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Reduced taxes means more jobs! It becomes more attractive for employers and employees. But it's not enough, the government spending never ends because it's not theirs; they have no vested interest in where it goes or how much it's wasted. It's time to cut back!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
In a lot of cases it's hard to even know what a "free market" looks like; with so many government controls and regulations, it looks like more government is the only answer. Commodity control through production caps or price control is just another example of what happens when you mess with the free markets.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Is it your right to deny service to any customer as a business owner? If so, then why doesn't it apply to EVERY reason? Why should we discriminate against some but not others? Jason answer this pivotal question on today's show, so don't miss it!
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
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FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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The level of corruption and incompitence in government is staggering; from wild DEA parties, to climate change propeganda. We need to put elected officials in place that believe in freedom and liberty.
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FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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No matter the outcome of foreign policy or efforts, it's all roses and rainbows over at the White House. The world is burning down around them, and there's nothing but a positive spin; no accountability or responsibility - nothing new..
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Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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More scare tactics from world powers, this time the UN wants you to think all the water in the world will soon be diminished significantly. Meanwhile, climate change electric car mandates would actually make more pollution, not less. All that, and more on today's show!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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The government seeks to oppress you at every turn, confiscating your money, having FEMA blackmail your state, and telling you what opinion you should hold. It's time to stand up for liberty!
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Ted Cruz announces his 2016 presidential bid, but will he be enough for liberty? Will freedom prevail in all cases? Obama is at it again, trying to tell you how to live your life, as if he knew any better than you about what you need and what you want. All that and more on today's show!
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Just when you thought it was safe, you have your friendly neighborhood police man, fire fighter, protecting your community. What if they started coordinating with the military? Why you might ask? Make sure you listen to today's episode to find out!
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Jason's back! And here we go again: More government 'good ideas'. We're seeing the effects of raising the minimum wage in Seattle. Also, Obama is floating the idea of a required voting mandate. More ways the government is trying to limit your freedom is coming and I peel back the onion for you here.
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
With Jason away on travel, we thought we'd bring you a "The Best of.." episode from past shows. Enjoy.
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
With Jason away on travel for another day, we thought we'd bring you a "The Best of.." episode from past shows. Enjoy.
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Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
We've got some great things happening for the Jason Stapleton Program to advance the principles of liberty. I'll also talk to you about global warming claims that go completely wrong. And finally, ObamaNet is out and nobody has a clue what it is. Go figure.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Racism will always exist on some level. It is never going to end but we should address it when it comes up. Meanwhile, the weak Republicans are telling us once again "now is not the time to fight" but when is the time to fight?
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
I am in no way want to give you the impression that I am excited that people are hurting out there. But I am excited that Obamacare is failing and is finally being seen for what it is. It is failing left and right, across the United States.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Let me explain what hurts the Libertarian Movement the most. I also talk about sanctions against Venezuela and Cuba. And I have a message to share to young people about college as President Obama presents a plan to help student loan repayment.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
US declares Venezuela a security threat. Why? I make a case for why severing ties and restricting trade ensures conflict and war. America needs a change in philosophy on how to deal with the rest of the world.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
The University of California, Irvine students banned the American flag and then after the uproar, the school vetoes it. Where are they learning this stuff that limits your freedom? The halls of higher learning is perpetuating this stuff and I'll talk all about it in today's show.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
I want to share with you a little story about my time in Mosul, Iraq to start the show. As you'll see, after 5 years in Iraq, I know Iraq and I'll explain further why ISIS is not a direct threat to us to expand upon my interview on RT America with Ben Swann yesterday.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
All it takes is the people standing up. The problem is there are not enough people standing up in solidarity against the intrusion of big government. I highlight a few things that most people overlook that are happening right now.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Target is announcing future job cuts within the 2 year time frame of the next election cycle. Meanwhile, let's reassess the "most transparent Presidency ever" but let's face it, they've been lying to you all this time. This is what tyranny does.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
Benjamin Netanyahu speaks at Congress today while the GOP Republican Party are claiming victory over the amnesty battle with President Obama. We'll also talk about Obama's Executive overreach. We'll cover the full spectrum today.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
I wanted to wait until after CPAC and the media's response to CPAC before I make my analysis. The framework of the Republican Party is changing dramatically. I want you to pay very close attention to this episode.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
The largest power grab in history by the Federal government has happened. Unfortunately, this isn't the only egregious news event today. The lies they're telling you knows no bounds. You're not going to want to miss today's show.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
Twitter: http://www.Twitter.com/Jason_Stapleton
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
When are people going to wake up? Where is the outrage? When are you going to stand up and get involved? We are on the road to tyranny as government intrusion continues to grow and grow.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
This should be the #1 news story on every major news outlet today. How can this NOT be? Are they detaining terrorists? Or his ties to terrorism? No, this is far worse.
Visit http://www.JasonStapleton.com for full episodes, news updates and show notes.
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Both parties are maneuvering to gain power and swaying your opinion to hate or love one group or the other. It has nothing to do with actual security and doing the right thing. They just want to protect their power.
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I've been speaking ad nauseam about how ISIS is not a threat to America. Now their propaganda video proves it. And John McCain talks about being ashamed.
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John Maynard Keynes' economic principles have proven to be an utter failure. I will show you why. If you're a student of history, you won't want to miss this.
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The power vacuum created after ousting a dictator is what created ISIS today. This is why I believe we must disengage because it is not our fight. And I explain why America's actions in the past have lead to this.
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Where is the rising antisemitism coming from? Why isn't the mainstream news media dodging and deflecting calling these extremists 'radical muslims'?
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ISIS is not a direct threat to the United States. They are not going to invade the US. It's their fight, not ours. They are the ones directly in danger of ISIS. So I argue that we should stay out of it.
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Our goal here each and every single day is to share with you the true libertarian belief system that will provide you the most wealth and prosperity. I dive deep today about the difference between charity vs tyranny, Obamacare consequences and Obama's cyber security Executive Order.
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I've been getting slammed about net neutrality for months. I have evidence of a secret document that proves everything that I have been saying. You don't want to miss this episode.
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Don't listen to what the government tells you. It starts with what they want you to believe. And then they do the complete opposite. This is how your freedom and liberty corrode right before your very eyes.
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From the TSA wanting to track your domestic travels, to ObamaCare, to the American tax system, it's all about the progression of taking away your freedom and liberty. It never happens all at once. It's a slow and steady progression. And I talk all about it on today's episode.
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They tell you it is better that we reduce individual liberty and sovereign liberty in order to promote international control over the climate. Why? Because it's so dangerous that it'll kill us all! They cite the irrefutable data! But what happens when the data has been made up all along? Let me explain to you why they are lying to you.
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I told you so. It all starts small with a crack of government encroachment and very soon it will grow. Now Obama wants to take on ISIS. We MUST disengage. Also, Rand Paul goes after the Fed Reserve and they fight back.
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We take a look at the tragic situation in Jordan and the ISIS situation. We'll also talk Al Sharpton and a further deep dive about Obama's budget plan.
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There is so much in the stack today that we want to get into. In today's episode, we cover the stories and angles that the mainstream media aren't talking about and what these events really mean.
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A Detroit man walks 21 miles to work every day while a failing teacher can't be fired. Jason lays out examples and makes a case for why government isn't required to help people. And we see it playing out in Greece when people have the expectation of government help.
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Contrary to what every mainstream media will tell you, I lay down a case for why sanctions against Russia should be removed and the consequences of what our government is doing.
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It's confirmed that "Islamic Tribunal using Sharia Law" is happening in Texas. Should this be allowed to happen in America? And it's time for ObamaCare tax penalties are coming.
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Michelle Obama stirs up controvery as the Obamas visit Saudi Arabia while Netanyahu goes ignored visiting Congress. But the real story is the Obama Administration's track record has consistently been against freedom and liberty. Look at his actions and you'll see what he supports.
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You ever wonder why conservatives get frustrated about taxation? It's because the government squander the money. Every time we turn around, what they steal, they waste. This is what it's really about when it comes to progressives.
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Our job is to protect liberty here. It's a defensive position. It is not our job to protect and spread our values to people who haven't earned it.
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I'm not going to try to rope all Libertarians together because frankly, I don't know. I can only tell you what this Libertarian believes. What I believe is in a very rational and caring argument.
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I'm not going to do it. I'm not going to waste your time breaking down and fact checking every line Obama said last night. Frankly, it's because there's too many to correct. Let me explain to you what his speech meant last night.
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On the eve of the State of the Union Address, all news outlets already know what President Obama will talk about. Nothing you will hear tonight will be about protecting your freedom and liberty. Tonight is about one thing: grow government and to ncrease it's power and authority on our lives.
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Jason responds to YouTube vitriol and slams commenters who don't know what they are talking about. He also explains what the State of the Union Address will mean for you.
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Let me make a suggestion. How about we disengage with the Middle East, with stopping the spread of radical Islam, with spreading freedom and democracy for those who don't want it? What if we spent all of that money in America?
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Swiss stocks tank as a result of government intervention. Meanwhile, Obama is pushing his agenda on net neutrality and paid leave mandates for employers. Here we go again, you're not going to want to miss this.
John Mauldin: http://www.mauldineconomics.com/
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Government is always full of great ideas. This time, they want to put their hands, in the name of protecting you, in your social media by banning messaging apps. Meanwhile, in Alabama, they want to arm our kids with canned fruit, once again, in the name of protecting you.
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ObamaExcuseGate is happening right now as the White House backtracks on why President Obama was a no show. Having worked on major security details in the past, I happen to know that they are lying to you. Let me tell you how quickly the Secret Service can make it happen had Obama actually wanted to go to the march in Paris.
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While every head of state marched for peace and solidarity in Paris, guess who decided he couldn't make it to a protest? When it comes to protests, Obama and his cronies just can't wait to make a splash. But for this, where radical islamic terrorist executed innocent people? Complete NO SHOW.
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Obama once again offering free stuff without a plan. We also have a special guest, FreedomWorks' Julie Borowski to talk about the aftermath of Boehner's Speakership and the GOP establishment. And some real life truths regarding the minimum wage.
Special thank you to Julie Borowski and FreedomWorks.
You can connect with her on:
Twitter: https://twitter.com/JulieBorowski
Facebook: https://www.facebook.com/JulieBorowski
YouTube: https://www.youtube.com/user/TokenLibertarianGirl
FreedomWorks: http://www.freedomworks.org/julie-borowski
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Radical imam Anjem Choudary is doing the rounds to defend Islam, despite the latest tragic events of violence, murder and terrorism. I want to know, is what this imam says mainstream Islam? Or is he representing a small radical faction within?
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- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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John Boehner keeps his Speakership but I must ask one question: what has he done at all to have earned it? He has done absolutely nothing to fight tyranny and him remaining the Speaker of the House means the status quo stays in tact.
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You need to call your Congressman and tell him you want Louie Gohmert as the next Speaker. Republicans are spineless cowards right now. 60% of Republicans want Boehner out but we can't get 10% of Republicans to oust him? It's time to act now.
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- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Welcome back and happy new years! It's 2015 and we have a lot in store. Take back your liberty and be no longer part of the silent majority. I have a lot to say today so make sure you don't miss this episode.
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Do companies and owners move factories overseas because it gives them a chance to exploit workers, pad their profits, and increase salaries? Are employees at Chinese factories really being exploited? Why do companies move factories overseas? We address all of these questions in this episode.
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- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
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- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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There's been a lot of discussion about the dangers of low gas prices. Gas below $2 a gallon: how falling gas prices hurt our economy, relief for the motorist means pain for state governments, low oil is bad for global economy. Everywhere you turn, it's bad news. Is any of this true?
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- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
- Foundation for Economic Education: http://fee.org/
- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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The religion of peace strikes again. Apparently, Taliban gunmen have stormed a school and attacked children. Meanwhile, in Sydney, a hostage situation took place over the weekend. Where is the outrage? Why isn't there an uproar from the Muslim community?
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- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
- Foundation for Economic Education: http://fee.org/
- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Is $2 gas is the worst thing to happen to America? Is this really about who wins and who loses? Do gas prices reveal the right and wrong changes in our behavior? Or is it about the free market? I think you know the answer if you regularly listen to this program.
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- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
- Foundation for Economic Education: http://fee.org/
- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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What those who criticize the CIA Torture Report is that we're dealing with a farther worse evil on the other side. Whether you like it or not, it happened. But don't pretend that America is some sort of evil nation. What's important is that we're open and honest by going public with what's really going on.
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- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
- Foundation for Economic Education: http://fee.org/
- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Remember all that GOP uproar about amnesty? Now, guess what! GOP is pro-amnesty and you need to look no further than the new Congressional budget bill that just passed. But is anyone stepping up to speak out about it? No one.
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- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
- Foundation for Economic Education: http://fee.org/
- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
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If you are enjoying the show and would like to support what we're doing here, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow
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- The industry's top futures and forex trading platforms.
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- Learn how to day-trade, swing-trade, or become a profitable long term trader.
- Main Street Alpha: http://mainstreetalpha.com/
- A social site that links up professional successful traders with verifiable track records to capital.
- Foundation for Economic Education: http://fee.org/
- FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Are you interested in advertising on The Jason Stapleton Program? Reach out to us at Advertising@TheLiveShow.TV. We’d love to talk with you.
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Sponsors
Trade Pro Futures: http://tradeprofutures.com/
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Visit JasonStapleton.com for full episodes, news updates and show notes.
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Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
Visit JasonStapleton.com for full episodes, news updates and show notes.
Follow Jason on Twitter: www.Twitter.com/Jason_Stapleton
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Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
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Foundation for Economic Education: http://fee.org/
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Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Foundation for Economic Education: http://fee.org/
FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.
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http://theliveshow.tv/the-live-show/elections-are-a-charade-black-community-attacked-again-bill-gross-gets-it-wrong/
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It’s time once again for another edition of The Live Show.
If you’re watching on TheLiveShow.TV, then you’re getting to see everything in real-time because we do broadcast live over the inter webs for all to see.
I want to start off this morning with a little ethical bribe for you.
What we are doing is, we are trying to build an army of conservative libertarian people.
Those folks who want to be left alone, who believe in free markets and capitalism. Who believe in the idea that we should be allowed to live free and if you’re a believer in that, like if you watch this show, we want to empower you.
We want to give you the tools to arm yourself against those people who suggest to you that bigger government, infringements on your freedoms and rights, are acceptable.
We don’t want that to happen so what we are doing is we are putting together “The Great Knowledge Giveaway.
What we’re doing is we’ll be giving away a thousand dollars worth of great books.
Now, these books are not cheap. The “Basic Economics book by Thomas Sowell is like $30. WE’ll be giving away over a thousand dollars worth of knowledge to people who are part of The Live Show update list.
So, if you go toTheLiveShow.TV right now or after the show, you’re going to see a little sign up form. Just enter your name and email address to get your regular updates of the show.
Now, all you have to do is be on that list and you’ll be eligible for this thousand dollar giveaway of information. I’ll be giving away some of the very best books that I have ever read.
And it’s stuff that’s easy to read. What I want to empower you with is information that’s enjoyable to read and it is pertinent in the world that we live in today.
And so I’ll be giving you a list of those books to showcase them on the show over the course of next month. At the end of the month, everyone who is on the email list, we’re going to start giving away these books every single day.
And, at the very end, the grand prize that you can win is an iPad 2 Air.
We’re also going to see if we can get every single one of the books that we’re giving away on that iPad Air.
So, not only do you get a fantastic piece of equipment made by Apple, but you’re also going to get all of the knowledge, not just a book or two.
We’ll be drawing names randomly based on your email address. It doesn’t matter where you live in the world. Everybody is eligible and we want you all to participate in that. Make sure you go toTheLiveShow.TV and get on the update list so that you can be eligible for all of that awesome knowledge.
I’m very excited about it. And, look, people who are not interested in knowledge are not going to be interested in being part of this. But those people are losers so we don’t really want them on the email list anyway because they are not folks interested in empowering themselves.
Also, one of the best ways that you can be part of our community is by joining our private Facebook group, by invitation only.
It’s a place where we can share, discuss, and have civilized arguments about some of the pressing issues of the day.
One of which is the issue of gun control.
Now I have not spoken about gun control since we kicked off this show. The problem with gun control is there are a lot of rejects out there that take gun control and gun ownership rights to a massive extreme. And we’ve all seen those guys wearing a pair of combat fatigues, a T-shirt that says America rocks, and a M-4 or an assault weapon strapped to their back. Or the guy who walks down the street with a loaded weapon because there’s an open carry law and just attracts police officers.
And the only reason why he’s out there is to cause discontent, anger and get everybody all stirred up so that he can claim that it’s his right to carry a gun in the open. Well, it is your right but you’re an idiot. Unfortunately, you also have a right to be stupid, which you are.
But, this question of gun rights and gun ownership is an important one.
If you take a look at the private Facebook page, a friend of the show, Charles S. Miles, who is always interested in discussing and commenting on some of the key principles we have on the show, posted this to the Facebook page.
Post & Conversation in the Facebook page.
https://www.facebook.com/groups/1381131288840325/permalink/1500667460220040/
Why Gun Permits & Background Checks are ILLEGAL!
http://callmegav.com/2014/01/2nd-amendment-history-guns-quotes-shall-not-infringe/
Now, he was posting this really to continue the conversation we had yesterday on the show about how the regulation, licensing, and oversight the government places on most institutions is not in fact designed to help or protect you.
But, ultimately, it’s designed to limit competition.
Charles says, well look at this. This is kind of the same thing that they’re doing with gun control and I wanted to share some comments about it.
And we had a really great conversation with Uli Malsch about gun control.
So I want to run through my belief systems about gun control, where it lies and what your responsibilities are and what the government’s responsibilities are in relationship to gun control.
You can go to the show to read all of the comments about it and I’d love to get input from others of you who are interested on this topic.
The critical question that must be asked is do you have a constitutional right protected by the government to keep and bear arms?
Unequivocally, the answer to that is yes. If we take a look at the second amendment, it says very clearly a well regulated militia being necessary to the security of a free state the right of the people to keep and bear arms shall not be infringed.
There is no question as to whether or not you as an American citizen has a right to own a gun.
What you hear liberals and progressives say is that no, you can’t. They say, yes you can own something for self defense or for hunting but you should not be allowed to have these killing machines that’s designed for war.
Here’s the problem with that.
First of all, there’s only one reason that we create guns and that’s to kill.
We don’t create guns for target practice, for fun and enjoyment. People use them for that but guns are designed for one thing and that’s to kill, to take life, be it the life of an animal or the life of a human being.
They are a disgusting but necessary weapon in the protection of yourself.
And what people also suggest is people don’t need a semi automatic weapon for home defense.
But you see, the problem is that the Constitution doesn’t say that the reason you get to carry a weapon is so you get to protect your home.
Or so you have the right to hunt and collect food. No, it doesn’t.
You see, the framers understood something very simple. That we have certain inalienable rights. Certain rights that a government doesn’t have the right to take away from us.
And if you look at our Constitution, it’s basically a list of things that the government does not have the right to do.
The Bill of Rights are rights that you have. They’re not rights that the government gives to you. They’re rights that you have that the government cannot take away.
So now the question becomes, what is the Federal government’s responsibility?
Can they keep track of who owns guns?
Can they require you to go through a background check?
Can they limit what types of weapons you’re allowed to buy?
Because, as we stated already, the Constitution does not specify that.
But here’s the beautiful thing about the Constitution, the framers understood exactly what they were doing. So they went ahead and added the 10th amendment which says the powers not delegated to the United States by the Constitution or prohibited by the states are reserved by the states respectively or to the people.
Therefore, states have the responsibilities to determine what that means. States have the rights to pass those kinds of laws, to require background checks, restrict what types of gun ownerships they are allowed to carry and those fights should be existing at the state level.
Unfortunately, the Federal government has intruded on it’s own responsibilities as is typically the case and now is making decisions that are not constitutional.
If you would like to discuss anything with John about the show, email him at Jason@TheLiveShow.TV
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What we need is for people to understand that with rights come responsibilities.
Unfortunately, we look at these people who are pro-gun nuts and we say to ourselves ‘these folks hurt the cause’. They make all of us look like idiots, like a bunch of gun toting hillbillies who don’t really understand what it is and that’s the believes that progressives have about us.
The fact is, that’s not it at all.
The reason that we fight so hard and long to preserve these rights is because we understand the inherent value in them.
What happens when they take away your right to protect yourself? When you stuck and forced to allow the government to do it? Look at Ferguson and what happened with that. There were certain people who stood out in the streets and armed themselves and guess what, those places didn’t get robbed.
The rest of the people waiting on the government, waiting on the police force, waited on the National Guard to come and help them while their city was burning down around them. And they never showed up.
The Russians during the height of the Cold War believed that they could defeat the American army. What they knew they could not defeat was the American cowboy with a 4 wheel drive and a shot gun.
This is not just a bunch of people who don’t understand or what to be able to own guns above and beyond what is best for America.
Gun ownership, you can look at any city with restrictive gun rights like Chicago, D.C., New York City, the crime rates are through the roof. And they have the strictest gun laws in America.
Removing guns from the equation doesn’t change things. All it means is that they chase down people with hatchets. All it means is there are more killings with hammers.
But the most important thing about gun ownership is the fact that you are able to protects the inalienable rights given to you by God from anyone, be it an individual or a government who seek to strip you of those rights. Whether or not you got the moxie to actually do it is up to you but gun ownership ensures that right.
This Democrat Congressman, Worth Almost $20 Million, Receives Food Stamps for His Childrenhttp://www.thepoliticalinsider.com/democrat-congressman-worth-almost-20-million-receives-food-stamps-children/
Rep. Alan Grayson (D-FL), a sleazy trial attorney and left-wing loon, was just named the 17th wealthiest member of Congress. Considering all the inherited money, lobbyists, and shady deals which happen in Washington, D.C., that is an impressive ranking.
But Grayson has another dubious distinction: a dead beat dad. After being married for 29 years to Lolita Grayson, he is refusing to support her or his children. Why? Because he is shamefully arguing his wife’s first marriage was supposedly never fully ended, so Alan’s marriage to her was never legitimate.
This is an incredible example of liberal hypocrisy. Grayson, who never met a tax increase or government program he wouldn’t force us all to pay for, is allowing his children to receive food stamps while he lives in a luxurious Florida mansion.
I don’t know if you guys remember Alan Grayson but he is a dirtball. He use any type of sleepy tactic to get his way. He is worth about $20 million dollars, the 17th wealthiest member of Congress. When I saw this story, I immediately knew who this guy was because during the healthcare debate, this is what he said on the House floor.
Alan Grayson on the GOP Health Care Plan: "Don't Get Sick! And if You Do Get Sick, Die Quickly!"
https://www.youtube.com/watch?v=-usmvYOPfco
Republican plan for healthcare in America is ‘die quickly’ and it was a flat out lie, it was disgusting to see him stand up and suggest that because Republicans don’t believe that somebody else ought to pay for your healthcare that somehow that means they want you to die.
So when I heard this story, it turns out that he has an ex wife that he’s claiming that she was never actually divorced from her first husband but he has children with her. But because of this, he doesn’t believe that he has to pay child support to her so she now has to live on foodstamps.
This is a man who won’t even take care of his own children yet, what he would have you believe on the Senate floor is that he cares so much about, that the Republicans hate you so much, that they want you to die quickly.
This is a perfect example. This is what progressives do.
They love taking credit for spending somebody else’s money. He won’t even spend his own to keep his own kids off foodstamps but he’s ready and willing, he’s never seen a tax increase he didn’t like or a government program that can force you to spend money on and then take credit for, he just loves doing that.
People don’t like to hear the term redistribution but ladies and gentlemen, this is exactly what this is. It is a tax that benefits one group of people to the detriment of another.
Google is developing cancer and heart attack detector
http://www.bbc.co.uk/news/technology-29802581
Google is aiming to diagnose cancers, impending heart attacks or strokes and other diseases, at a much earlier stage than is currently possible.
The company is working on technology that combines disease-detecting nanoparticles, which would enter a patient's bloodstream via a swallowed pill, with a wrist-worn sensor.
The idea is to identify slight changes in the person's biochemistry that could act as an early warning system.
The work is still at an early stage.
Google Inc. X Lab Working on Magnetic Pill to Detect Cancer
http://www.pfhub.com/google-inc-x-lab-working-on-magnetic-pill-to-detect-cancer-1343/
Google is said to be working on magnetic pills that will not only detect cancer cells in human body, but will destroy them as well. The project was announced on Tuesday and is being looked at as a hope to improve the quality of life for people around the globe.
Google X research lab’s head of life science Andrew Conrad explained that they are trying to change the medicine from reactive to proactive. That means that these pills will be able to detect the cancerous cells ahead of time and thus prevent cancer altogether. He said that they are aiming at building nanoparticles that will have the ability to detect any disease. Conrad told the audience at a Wall Street Journal conference that Nanoparticles are the union of biology and engineering, which will help in observing the human body at a cellular and molecular level.
He also said that the team working on the project includes a cancer specialist along with other doctors as well as electrical and mechanical engineers, an astrophysicist is also there to guide them on how to track the particles that are present in the body.
Now, here’s my question to you: if it could really detect cancer, if it could really detect a heart attack, would you swallow the pill?
It is Google, after all. What else is in the pill? My first thought is i’d be really torn. What types of tracking do they have? Without a doubt there will be a 2,000 page terms of use.
BOMBSHELL: N.C. Sen. Kay Hagan Campaign Workers Caught on Video Telling Illegal Aliens to VOTE
http://toprightnews.com/?p=6966
“Voter fraud does not exist.
That has been the Democrat’s Orwellian mantra for years, in a cynical attempt to defeat any and all photo ID laws.
But as Top Right News has reported multiple times, Democrats commit massive organized voter fraud across the nation every election cycle. With illegal aliens, felons, even dead people. They just don’t usually get caught.
Non-Citizens Are Voting
http://www.nationalreview.com/article/391474/non-citizens-are-voting-john-fund
Could non-citizen voting be a problem in next week’s elections, and perhaps even swing some very close elections?
A new study by two Old Dominion University professors, based on survey data from the Cooperative Congressional Election Study, indicated that 6.4 percent of all non-citizens voted illegally in the 2008 presidential election, and 2.2 percent in the 2010 midterms. Given that 80 percent of non-citizens lean Democratic, they cite Al Franken ’s 312-vote win in the 2008 Minnesota U.S. Senate race as one likely tipped by non-citizen voting. As a senator, Franken cast the 60th vote needed to make Obamacare law.
North Carolina features one of the closest Senate races in the country this year, between Democratic incumbent Kay Hagan and Republican Thom Tillis. So what guerrilla filmmaker James O’Keefe, the man who has uncovered voter irregularities in states ranging from Colorado to New Hampshire, has learned in North Carolina is disturbing. This month, North Carolina officials found at least 145 illegal aliens, still in the country thanks to the Obama administration’s Deferred Action for Childhood Arrivals program, registered to vote. Hundreds of other non-citizens may be on the rolls.
A voter-registration card is routinely issued without any identification check, and undocumented workers can use it for many purposes, including obtaining a driver’s license and qualifying for a job. And if a non-citizen has a voter-registration card, there are plenty of campaign operatives who will encourage him or her to vote illegally.
O’Keefe had a Brazilian-born immigrant investigator pose as someone who wanted to vote but was not a citizen. Greg Amick, the campaign manager for the Democrat running for sheriff in Mecklenburg County (Charlotte), was only too happy to help.
Multiple NC Campaign Workers Willing to Aid Non-Citizen With Felony Kay Hagan Votes
http://youtu.be/fhjq6y1frPQ
Greg Amick: Here’s a couple of things you can do. You do not have to have your driver’s license, but do you have any sort of identification?
Project Veritas investigator: But I do have my driver’s license.
Amick: Oh, you do. Show ’em that and you’re good.
PV: But the only problem, you know, I don’t want to vote if I’m not legal. I think that’s going to be a problem. I’m not sure.
Amick: It won’t be, it shouldn’t be an issue at all.
PV: No?
Amick: As long as you are registered to vote, you’ll be fine.
So, here you have the campaign manager telling someone who clearly stated that through a government mishap that is now registered to vote and has an ID. But she is concerned because she is not a legal immigrant. The campaign manager just says it’s fine, just go, no problem.
These people who are facilitating the voting, they have no respect. And the people who are looking to get elected have no respect for the process. I hope that every single one of these guys go to jail because this is one of the most important freedoms that we have.
What Happens When A School Pays Teachers $125,000 A Year
http://hereandnow.wbur.org/2014/10/27/teacher-salary-study
Higher teacher salaries may help students do better in school, according to a study by Mathmatica Policy Research. The Equity Project (TEP) Charter School in New York City pays its teachers $125,000 a year, plus bonuses.
The research, which was funded by the Bill and Melinda Gates Foundation, shows test scores at the charter school are higher in math, science and English.
The study was authored by Joshua Furgeson, Moira McCullough, Clare Wolfendale, Brian Gill.
“We found that after four years of being enrolled in TEP, that students achieved about an additional 1.6 years of school in math, about 0.6 years of school in science, about 0.4 years of schooling in English language arts, Furgeson told Here & Now’s Jeremy Hobson.
Unfortunately, this is not the case. The pay alone isn't not the deciding factor whether or not you're going to get good teachers.
If you can't fire a teacher, if you got all kinds of rules and regulations on what a teacher can teach and how a teacher can teach it, then you don't get better teachers.
What you get is more expensive teachers. You get the same crummy teachers you've always had but you get more costly ones.
What the charter schools prove is that when you separate yourself from the bureaucracy, when you have the ability to be discretionary in your hiring and firing, when you hold teachers to a higher standard, and compensate them better, what happens is more good teachers comes to you. It's amazing how that works.
Good teachers want to work with other good teachers. No teacher wants to work in a place where they're surrounded by terrible teachers, where they're surrounded by a school administration that doesn't care about the kids, that doesn't care about the education process, who isn't willing to listen to new ideas or think outside the box.
Good teachers don't want to work at those places. So when you offer them an alternative like a private charter school, they will flood there. Charter schools really has their pick of the liter because they will pay more.
And guess what, people who care about a better education for their kids will also seek out those schools, they will find the extra money that they need in order to pay for the tuition.
But this is a discussion for another day and I want to touch back on this later.
Until next time, be safe and be good.
I will talk to you on Monday.
Welcome back everybody for another inspiring day at The Live Show.
If you would like to comment on the show, you can do so on Twitter @Jason_Stapleton, it comes straight to the desk right here. You can email to Jason@TheLiveShow.TV as well.
In today’s episode, the news goes everywhere today. It crosses the spectrum.
There’s updates on the beheading that I talked about yesterday, the ebola crisis, we’ve got some political news, we’ve got stuff on Eric Holder and the controversy there with subpoenas of reporter’s emails.
And we’ve got an incredible story out of the Justice Department, claims Blacks and Hispanics are dumb and unsophisticated, I am not kidding you. That’s a real thing, we’re going to talk about that today as well.
Maybe the biggest news on the front today is what the Federal Reserve did yesterday on it’s bond buying and asset purchase program. They ended up ending it.
Now, many of you probably don’t care about that because you don’t understand it. And what I want to try and do is to shed some light on the Federal Reserve, the policies they institute, the way the banking system in America and really around the world works.
Now, I know what a lot of you are thinking, that theres nothing that I want to do less than listen to explanations about how banking structures work. But I’m going to make this interesting, it’s going to be fun so that you can walk away with a better understanding of how your economy functions.
Because it’s critical that you understand this in order to be an informed person. And, if you are a Black or Hispanic, I want you to understand that although your government, although the Justice Department thinks you’re slow, I in fact know that you are not. That you are more than capable of handling this type of information and being empowered to make better decisions and, more importantly, when you go to the polls, be able to vote more intelligently who are going to be serving you.
We’ve got the FCC out with new regulations. Google has a really awesome new heart attack and cancer detector that we didn’t get to in the stack yesterday, which we’ll get to today.
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Well, I know what you’re thinking. You’re thinking I’ve got to hear this story about Blacks and Hispanics. This is out of RedState.com
Justice Department claims black and Hispanic voters are dumb and unsophisticated
http://www.redstate.com/2014/10/25/justice-department-claims-black-hispanic-voters-dumb-unsophisticated/
Eric Holder and the wannabe-fascists in his Justice Department are carrying out a jihad on behalf of vote theft. They are doing this by contesting Voter ID laws that are being passed in many states despite a nearly unbroken string of defeats in appeals courts.
To make their case that Voter ID laws are discriminatory the Justice Department has testified time and again that black and Hispanic voters are less capable that white voters of obtaining the necessary ID and in understanding the candidates and issues.
They are making a case here, the Justice Department and the NAACP are in court, making a case for voter ID and there should not be any voter ID laws because it unfairly discriminates against minorities.
Well, how can that be? I mean, we have cars and anybody can get an ID. How could it possibly discriminate against minorities? And so you can’t really make the case that it’s discriminatory on a financial basis when it’s so easy to get a photo ID.
Let me preface this by giving you my opinion about voter ID. I don’t care.
There are so few recorded cases in the history of elections of verifiable voter fraud. I’m not saying it doesn’t take place. I don’t think it’s unreasonable to have a voter ID law.
I’m just saying all of those Republicans out there who are talking about voter fraud and how it’s costing us elections, it isn’t the case. The reasons Republicans can’t win elections is because they don’t stand for anything. That’s why they can’t win elections. It’s because they’re lukewarm on every issue. They’re kind of for it but not really for it. And so when you don’t stand for anything, you don’t inspire confidence in anyone. And when you don’t inspire confidence in anyone, they don’t feel like you’re really there to support them, which you’re not.
The left, on the other hand, the progressive movement, boy you know where they stand. There’s no wishy washy questioning about their position like gay rights, immigration, healthcare. And what’s unfortunate is that the Republican Party has taken on a tact that says we want to be the same but just a little different. And that’s why they can’t win elections.
At the preliminary injunction hearing in July, before Judge Thomas D. Schroeder in the U.S. District Court for the Middle District of North Carolina, the government produced Professor Charles Stewart of MIT’s political-science department. According to the transcript of that proceeding, when Stewart was asked why he believed that eliminating same-day registration (which only eleven states have) was discriminatory, he said that same-day registration provides “a mechanism and a time that’s well situated for less sophisticated voters, and therefore, it’s less likely to imagine that these voters would — can figure out or would avail themselves of other forms of registering and voting (emphasis mine).
And who are those “less sophisticated voters who can’t “figure out how to register to vote? They “tend to be African Americans, according to Stewart. He added that “people who register to vote the closer and closer one gets to Election Day tend to be . . . less-educated voters, tend to be voters who are less attuned to public affairs. Stewart said that these voters “tend to be African Americans. Of course, the voter-registration data in North Carolina directly contradicts this, since Stewart was forced to admit that blacks in North Carolina actually “were registered at a higher rate than whites before Election Day in the 2012 election.
Stewart leveled the same type of criticism at a measure to reduce the number of early-voting days. African Americans would be deterred from voting, he said again, because they are “less sophisticated voters. He denied that he was racially stereotyping blacks — even when he said that they have a harder time figuring out how “to navigate the rules of the game. He admitted that he did not survey black voters in North Carolina to ask them “directly about understanding the rules of registering and voting.
The NAACP’s expert was another professor, Barry Burden, of the University of Wisconsin. Burden claimed that blacks and Hispanics are less able “to pay the costs of voting because of the “stark differences between whites, on the one hand, in North Carolina and those of blacks and Latinos in North Carolina. By costs, Burden was referring to “the time and effort that a voter has to put in in order to participate. That includes “locating the polling place, getting the right paperwork, understanding who the candidates are, becoming informed. From his testimony, it was clear that Burden did not think that blacks and Hispanics have the same ability as whites to accomplish basic tasks such as locating a polling place, filling out a one-page voter-registration form, and learning what issues candidates support or oppose.
They are literally saying that it is an undue burden on minorities to force them to find their polling place, fill out a registration form, and to do their own research to understand who they’re voting for and why because Blacks are not sophisticated enough to understand that.
This is what the government is using to make their argument. To those of you who are African Americans or Hispanics, because they’re basically saying the same thing about Hispanics. But specifically, to the African American community because there seems to be a lot of divide between Blacks and Whites.
There seems to be a lot of racial tensions going on right now. This is what your government thinks of you. This is what Eric Holder of the Justice Department thinks of you. They think that you’re stupid. They think that you are less intelligent than White people. Less capable of understanding the vote and the people who are running for political office. And so, you need special privilege, someone to hold your hand and make sure that you get walked to the right polling station and somebody fills out the information for you, someone sits down and explains to you the candidates.
I would be more than offended. I would be outraged. I just can’t believe that they would actually in open court make these kinds of accusations against the Black community.
It’s got nothing to do with you, the Black voter at the end of the day. It only got to do with being able to put as many people in the polling place who have no idea what the issues are and getting them to vote a specific line. To get the most amount of uninformed people to the polling place to vote. And to get them to the polling place, to get them to vote a straight line Democratic vote.
That’s what this is about. And if they have to make you all out to be stupid, ignorant, less than human, in terms of your intellect and capacity, well that’s fine because it accomplishes the goal so they’ll do it. The goal of getting Democrats elected. It’s appalling. And you all ought to be outraged about it so I’m just letting you know what’s going on. It’s your responsibility to take action.
Articles Jason covers in today’s episode:
Holder says ‘subpoena’ to Fox News reporter is his one regret
http://www.foxnews.com/politics/2014/10/29/holder-says-subpoena-to-fox-news-reporter-is-his-one-regret/
Attorney General Eric Holder says he has one regret: his department's court order for Fox News reporter James Rosen's emails labeling him a criminal "co-conspirator."
The outgoing attorney general, who recently announced his retirement, addressed the controversial episode during the "Washington Ideas Forum" on Wednesday. Asked what decision he wishes he could do over, Holder said: "I think about the subpoena to the Fox reporter, Rosen."
Holder was referring to a 2010 search warrant application seeking Rosen's emails. The Justice Department at the time was investigating who leaked information contained in a series of reports by Rosen in 2009 about North Korea's nuclear weapons program.
In the course of seeking Rosen's emails, an FBI agent submitted an affidavit claiming there was evidence that Rosen broke the law, "at the very least, either as an aider, abettor and/or co-conspirator." The affidavit went so far as to invoke the Espionage Act -- pertaining to the unauthorized gathering and transmitting of defense information.
On Wednesday, Holder said that application could have been done "differently" and "better."
"I think that I could have been a little more careful looking at the language that was contained in the filing that we made with the court -- that he was labeled as a co-conspirator," Holder said, while claiming they did that "as a result of the statute."
What they did was they called Rosen a traitor to his country. The only way to get the authorization was to lie about what he was doing. Now, they knew from the beginning that he was not a co-conspirator, aiding and abetting terrorists.
It was only through your dishonesty, your lies, through your corruptions that you were even ever able to do this. This is another example. People rail against big government but they don't about big government.
The thing about big business is that it is subject to the whim and will of buyers. If you don't like Walmart, you don't have to shop there, you can go to Target. You vote with your dollars.
The government is something totally different. When you give them the power to regulate, there is no one in there to regulate them. The Justice Department is suppose to be the regulator, to look into corruption. But they are bought and paid for by the Obama Administration. There is no justice there. It is corruption on an absolute scale.
And I get nervous even talking about this stuff. I got to be honest with you. We just watched a video of a guy who put out a few humorous tweets about the President and Secret Service showed up to his door. I keep waiting for them to show up at this door. To try and shut me up. They have absolute power and no oversight.
So who regulates the regulators?
We have to be so careful with the power and authority we give to the government.
Dirty tricks of the student loan industry
http://money.cnn.com/2014/10/29/pf/college/student-loan-servicers/
The Consumer Financial Protection Bureau put student loan servicers on notice this week with a report detailing industry practices it found suspect.
These companies help collect on the $1.2 trillion in student debt, but the report didn't name names of shoddiest actors.
FCC Chairman looks to spur online video future
http://www.usatoday.com/story/tech/personal/2014/10/28/fcc-tom-wheeler-online-video/18081215/
The FCC chairman on Tuesday formally asked the rest of the commission to consider new "technology-neutral" rules to update the agency's definition of what amounts to a pay TV service or a "multichannel video programming distributor (MVPD)."
"Today the FCC takes the first step to open access to cable programs as well as local television," he wrote. "The result should be to give consumers more alternatives from which to choose so they can buy the programs they want."
If approved by the commission, the rules would give Internet-based video providers "the same access to programming" as cable, satellite and telco-delivered pay TV services," Wheeler said in a blog post on the FCC website.
The move would encourage current and new video providers to take advantage of Internet-delivered content and boost competition, he says. And new over-the-top TV providers might offer "smaller or specialized packages of video programming, so consumers will be able to mix-and-match to suit their tastes," Wheeler says.
Now, first of all, congratulations to the FCC. I'm ecstatic that they are doing this. But my question is why did they have the authority to do this?
Why is there a rule of what constitutes a paid TV service? And why do we need new rules to create technology neutral services?
Because a long time ago, somebody said under the guise of protecting you that we needed a FCC to regulate the airwaves and make sure everything is right for you the consumer to protect you. It's because of rules and regulations like this, it hampers growth and limits competition and it's always done under the guise of protecting you.
Fed ends bond buying, shows confidence in U.S. recovery
http://www.reuters.com/article/2014/10/29/us-usa-fed-idUSKBN0II20O20141029
The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects.
In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals.
"On balance, a range of labor market indicators suggests that underutilization of labor resources is gradually diminishing," the Fed's policy panel said in an important departure from prior statements, which had described the slack as "significant."
"The committee continues to see sufficient underlying strength in the broader economy," it said.
Now the question is will the market be able to sustain this growth?
I want to explain exactly what has happened. Right now, our government has to issue debt every single month in order to pay it's bills. It runs a deficit of half a trillion dollars a year.
In order to spend that money, we have to borrow that money. The government does that by issuing debt and that debt goes out into the open market. Anyone out there is allowed to buy it.
What has been happening is, right now, in order to keep interest rates low, in order to keep money flowing into the economy, the Federal Reserve has been buying those bonds in order to keep the bond prices down.
And, then what happens is, the remainder of the bonds are at a lower interest rate because there are less of them, which causes a higher demand on them. So, that's the way they've been doing this purchase.
Make sure you don't miss Jason's brief analysis about how the Federal Reserve works to educate and empower you.
Hope you enjoyed today's episode but we are out of time and we'll continue this conversation for even further analysis tomorrow.
Coming to you live deep in the Heart of America.
Welcome back to The Live Show!
First headline of the day: Investigator of the Secret Service prostitution scandal resigns.
If you will remember back, there were a group of secret service agents who were on an advanced detail and they ended up going to Colombia. They were lady implicated in a prostitution scandal. And 8 of them were subsequently fired.
For those of you who don’t understand how an advanced detail works, let me explain.
When you’re doing close protection work, of which I have quite a bit of experience, you have on a large scale operation like you would have protecting a President or high ranking Senators or something like that, you typically have two teams. You have the actual close protection element that guards the person that you’re there to protect. And you have an advanced team that goes to the locations that the individual is going to be at prior to them arriving, does a bunch of coordination, and makes sure that things are secure.
So you have a group of secret service agents who travel to Colombia as part of the advanced element. And while they were there, they got their advance work done, it was late in the night, they got an itch they got to scratch, it’s right there. It’s right in front of you, just go over there. So they ended up paying for sex and got kicked out of the Secret Service.
Now, they had assigned an investigator, David Nieland, to try and figure out if a crime had been committed here. He was part of the Department of Homeland Security who was tasked with the internal review of the Secrete Service in the 2012 prostitution scandal. He quietly resigned in August after he was implicated on his own incident involving prostitution.
Investigator in Secret Service prostitution scandal resigns after being implicated in own incident
http://www.foxnews.com/politics/2014/10/29/investigator-in-secret-service-prostitution-scandal-resigns-after-implicated-in/
The investigator leading the probe into the Secret Service's 2012 prostitution scandal quietly resigned in August after he was implicated in a prostitution entanglement of his own.
A senior administration official confirmed to Fox News that David Nieland was observed entering and leaving a building that was under surveillance as part of a prostitution investigation by sheriff's deputies in Broward County, Fla.
Authorities later interviewed a prostitute who identified Nieland in a photo and said he had paid her for sex.
Nieland resigned after he refused to answer questions from a Department of Homeland Security official about the incident.
What do you expect? When you give people massive amounts of authority, if you needed any validation that corruption exists everywhere and that absolute power corrupts absolutely, you need to look no further than the single man who was in charge of monitoring and reviewing the Secret Service investigation.
Here’s another one:
Man beheads woman & jumps in front of train
http://nypost.com/2014/10/29/man-possibly-beheaded-woman-jumped-in-front-of-train-cops/
A man beheaded a woman at her Long Island apartment Tuesday night and dragged her out into the street where he kicked her severed head about 20 feet before jumping in front of a train, cops and witnesses said.
Some of the neighbors thought the headless body in the street was a Halloween prank, only to lift the lifeless body and discover it was real, witnesses said.
The man was struck and killed by a LIRR train about 25 minutes later.
It’s wild and crazy times in New York. Never a dull moment.
You know, I laugh a little bit about it because, if you don’t, it’s just so sad. This is a bad situation. Bad things happen all the time. With 24 hour news cycles, you tend to see more of them than you saw years ago. But it was a rarity in this country when somebody got beheaded. Not so much anymore.
We have a ton of stuff in the stack today.
I got so much stuff today that I want to go over with you and so many different angles that I want to present to you.
We have got some folks who are inside of the Obama Administration who are just saying some absolutely atrocious things about Prime Minister Benjamin Netanyahu.
We’ve got the Michael Brown case and the anonymous leaking stuff so we’ll be talking about that.
As I’ve mentioned on this show before, we’re starting to see the repercussions of what happens in an economy when you make things cheap. You get a lot of people who want it and a lot of people who were providing it who don’t want to provide it anymore. Now we’ve got a report here that some doctors are wary of taking insurance exchange patients.
The FCC Chair is looking to spur the online video future. It looks as though the FCC is going to help facilitate a way for consumers to cut the cord from the cable companies.
And, Google, I noticed this out of the BBC, they are developing a cancer and heart attack detector. In addition, Royals taking command in game 6. It’s like a totally different team. We get back in our own turf and now we’re in very good position because in the last 7 times there has been a game 7 in the World Series, the home advantage team has won. It’s winner takes all tonight so huge day for Kansas City.
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I was thinking about this prostitution scandal just right now. When you go to foreign countries, prostitution is legal, it’s open, they have entire houses with big signs that say ‘come here’ for your paid tail. In the United States, not so easy to come across it so I’m just curious.
It’s easy to make bad decisions when bad decisions are staring at you in the face and nobody is there to say that this might be a bad idea. But this guy in Florida, man, I don’t even know where would you go in Kansas City. I can only imagine but it would be the most unsafe place in town. But it’s something you have to work for here in the U.S. right? It’s not just out in the open. And so for a guy to know that he’s the investigator, that he’s the guy that’s investigating this scandal and to still have gone to the effort, it’s just, I don’t know. He had to work for it basically. It wasn’t like it was out in the open.
Anonymous Unveils Explosive ‘Leaks’ on Michael Brown Grand Jury and Ferguson Officer Darren Wilson
http://www.theblaze.com/stories/2014/10/28/anonymous-unveils-explosive-leaks-on-michael-brown-grand-jury-and-ferguson-officer-darren-wilson-report/
Hacker group Anonymous is claiming that officer Darren Wilson will not be indicted by a grand jury in the shooting death of 18-year-old Michael Brown in Ferguson, Missouri, according to purported government sources.
On or about November 10, 2014 the Grand Jury decision will be announced. Darren Wilson will NOT be indicted on ANY charges related to the murder of Mike Brown. All local police Chiefs and jail commanders have been notified to begin preparing for major civil unrest. Governor Nixon has been notified of the impending announcement and has ordered the Missouri National Guard to begin preparations for a possible re-enstatement of the martial law that was declared at the beginning of the Ferguson protests.
It’s what we’ve been saying from the very beginning. We’ve been telling the protesters to not hitch your star to this kid. This kid is not the guy you want as the poster chid for your movement against police brutality.
I am not suggesting by the way, as I’ve said many times, that they don’t have a legitimate complaint about the police force in America. I’m not suggesting that at all.
They may have very valid claims against brutality, discrimination against certain police officers or police stations across the country.
What I’ve been saying is, this is not the kid, this is not one of those cases.
What you ought to be doing is you ought to be finding those cases that actually do have some sort of racial bias or discriminatory bias, civil rights violation, or freedom or liberty violation. This is not it.
Britain ends combat role in Afghanistan, last U.S. Marines hand over basehttp://www.reuters.com/article/2014/10/26/us-afghanistan-troopwithdrawal-idUSKBN0IF06I20141026
British troops ended their combat operations in Afghanistan on Sunday as they and U.S. Marines handed over two huge adjacent bases to the Afghan military, 13 years after a U.S.-led invasion launched the long and costly war against the Taliban.
Their coming departure leaves Afghanistan and its newly installed president, Ashraf Ghani, to deal almost unaided with an emboldened Taliban insurgency after the last foreign combat troops withdraw by year-end.
At the U.S. Camp Leatherneck and Britain's Camp Bastion, which lie next to each other in the southwestern province of Helmand, troops lowered the American and British flags for the final time on Sunday and folded them away.
The U.S. military is leaving behind about $230 million worth of property and equipment –- including a major airstrip at the base, plus roads and buildings -- for the Afghan military.
The battles have raised concerns about whether Afghan forces are truly able to hold off the Taliban without intelligence and air support from the United States and its allies.
"I'm cautiously optimistic they will be able to sustain themselves," said Brig. Gen Daniel Yoo, the commander of Regional Command (Southwest).
He said the success of the Afghan security forces depended on leadership, continued development of logistics and confidence."They've got to want it more than we do," he said.
What’s unfortunate is we didn’t do this sooner. There was no reason for men and women to continue to be there to be fighting and dying for nothing. Once we realized and it became apparent that they had no idea, no plan for an exit strategy of what success looked like, it became a political stunt.
What they should have done was, the second they decided ‘look we’ve done what we can do. We need to get out of here’. They should have just overnight been gone. There’s no reason to be out there to be fighting and dying for nothing.
What a Senior Obama Admin. Official Reportedly Called Netanyahu Signals Relations Are at a ‘Full-Blown Crisis’
http://www.theblaze.com/stories/2014/10/28/what-a-senior-obama-admin-official-reportedly-called-netanyahu-signals-relations-are-at-a-full-blown-crisis/
“The thing about Bibi is, he’s a chickens**t, this official said.
“The good thing about Netanyahu is that he’s scared to launch wars, the official reportedly added, expanding on his “chickens**t comment. “The bad thing about him is that he won’t do anything to reach an accommodation with the Palestinians or with the Sunni Arab states. The only thing he’s interested in is protecting himself from political defeat.
Another administration official told Goldberg that he agreed the Israeli prime minister is a “chickens**t, but went further, calling Netanyahu a “coward in regards to the way he has dealt with the growing Iranian nuclear threat.
We have one sound relationship in the Middle East. One partner for freedom and democracy in the entire region. And Obama is going to single handedly tear that to the ground.
It's absolutely unacceptable and it has to stop.
And to wrap up, we cover what's happening with Obamacare and how there are case after case of it not working.
Some doctors wary of taking insurance exchange patients
http://www.usatoday.com/story/news/nation/2014/10/27/insurers-aca-exchange-plans-lower-reimbursements-doctors/17747839/
Now that many people finally have health insurance through the Affordable Care Act exchanges, some are running into a new problem: They can't find a doctor who will take them as patients.
Because these exchange plans often have lower reimbursement rates, some doctors are limiting how many new patients they take with these policies, physician groups and other experts say.
"The exchanges have become very much like Medicaid," says Andrew Kleinman, a plastic surgeon and president of the Medical Society of the State of New York. "Physicians who are in solo practices have to be careful to not take too many patients reimbursed at lower rates or they're not going to be in business very long."
The Coming Divide Episode on The Live Show, October 8, 2014
http://theliveshow.tv/the-live-show/the-coming-divide-obamacare-strikes-walmart-twitter-sues-the-doj/
The Coming Divide by Jason Stapleton: http://www.theliveshow.tv/resources/thecomingdivide.pdf
EXCERPT: “If insurance premiums are going up most Americans who now have insurance are going to become more dependent on their employer to help defer some of the cost. This, in turn, will likely decrease the mobility of our
workforce since people will be less likely to quit jobs, start new businesses, or apply for better jobs out of fear they might lose their health insurance. If you feel trapped in a job now and are afraid to quit because the company has such good benefits, just wait. In the world of ObamaCare it will be virtually impossible to leave your employer. Here’s why.In addition to a personal mandate, ObamaCare also goes after corporations. Those are the evil institutions that provide jobs and create products that produce wealth. In the eyes of many in Washington, a company exists not to make a profit for its shareholders or to create value for consumers. Rather, that company exists to provide jobs, pensions, and health insurance to its workers. In their, eyes making a profit should always come second to caring for the worker.
EXCERPT: “The new corporate mandate forces most American businesses to offer government approved health insurance to their employees or else pay new federal taxes for not doing so. Not all corporations fall under this new law. Right now the bar is set at 50 employees or more. So if you run a company with 50 or more employees or if you work for a company that has more than 50 employees, you’re going to be affected.
Under the new mandate, if a company does not offer health insurance and has at least one employee receiving a subsidy from the government then that company must pay a $2,000 fine per employee.
Even if the company does offer health insurance, if they have an employee who can get a better deal with a subsidized insurance program, that company will also be taxed at $2,000 per employee (exempting the first
30 employees).EXCERPT: “But it doesn’t stop there. Even if the employer does offer health insurance, if one person who works for them opts for an alternative, subsidized health insurance, that company is still liable to for the penalty because the company did not provide “adequate coverage. So they’re damned if they do and damned if they don’t.
Now step back for a moment and let’s contemplate what the cost of providing coverage might be to those employers. Remember, by the IRS’s own filings they expect the cheapest plan to run $20,000 year. This is several multiples higher than the current cost for health insurance. Companies that now offer insurance will now be faced with a choice. Pay double or triple what they now pay per employee or simply suck it up and pay the penalty. Which one do you think most large companies will choose?
If you work for a small company (less than 50 employees) and you happen to have health insurance now, do you think they are likely to continue to provide it when premiums double or triple? The answer is no. What you will see over the next several years is companies dropping their health insurance coverage and pushing people onto the exchanges.
What it all means for you, your children, and your grandchildren?
EXCERPT: “The new law will have a very damaging effect on entry level workers. When I turned 16, I walked across the street from my house and got a job washing dishes at a Pizza Hut for $5 an hour. Over the course of the next several years I moved from one company to the next. There was a high degree of mobility and I had the opportunity to advance at a young age. In the summer I switched from working 20 hours a week to 40 or 50, depending on who I was working for and how badly I needed money. There was a massive amount of opportunity for a kid who was willing to work hard.
I also gained a great deal of work experience. I had the chance to work in a variety of industries and even tried my hand at entrepreneurship by cutting grass with a friend in the summer. Entry level jobs were easy to come by and a poor kid like me learned a lot about the value of hard work. Had I decided to stay at the Pizza Hut, I could have easily worked my way up to a manager and even purchased my own franchises down the line. There was upward mobility, a chance to start at the bottom and retire rich.
I think that kind of opportunity is over. With the passage of ObamaCare, companies like Pizza Hut, McDonald’s, Home Depot, and a host of other companies that offer a low barrier for entry and a chance to advance, will have to drastically change the way the hire and advance employees.
As is typical with progressives, they have the best of intentions but they're never measured on the outcomes, only on the intentions. They had an intention of healthcare for all as though you could just mandate that everybody receives a certain amount of a commodity and not affect the supply and demand of that commodity at all.
And this is what you get. Now people who have subsidized health programs, they don't have coverage. In fact, they can't even find a doctor. What will happen over time is fewer and fewer future students are going to get into the medical field to become doctors.
It's coming, it's here now. And the longer it's here, the more it reaches it's tentacles into every part of our lives.
Once again, there’s no need to watch any other program. No need to go out there and waste your time with the mainstream media.
All you have to do is watch this show because we’re going to tell you everything that you need to know and we’re going to tell you the inside story that nobody else is talking about.
This morning, we got Hillary Clinton clarifying her comments. Apparently, the blowback from her comments about how businesses don’t create jobs was too severe.
We’ve also got Britain is ending it’s combat mission in Afghanistan and there is a new poll out of what Brits think. And we have the young woman who’s returning home back in Maine after her ebola quarantine.
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Let me reiterate, ladies and gentlemen, ebola is not a threat.
It’s not. The risk of you getting ebola are super low unless you happen to be in Sierra Leone as a medical worker dealing with people who are on their deathbed with ebola. Then your risk of contracting ebola is very high.
What I find difficult to understand. By the CDC’s own projections they put out 2 weeks ago, they said that they estimate by January 2015 there will be a total of approximately 550,000 ebola cases. They’re the ones calling for saying that it’s a massive pandemic.
But when we actually have people that are over there, that are of the highest risk cases, who end up coming back to the United States, they just simply say ‘don’t worry about it. If you get a fever, let us know’. And then when you call and you say you have a fever, they say ‘you can get on the plane anyway’.
Is this not the most impudent organization on Earth?
I’m starting to think that the CDC has no idea what they’re talking about. It was the CDC who said that they cannot confirm whether ebola was an airborne virus or not. They don’t know. They admit they don’t know. Yet they don’t think it’s necessary to quarantine people who are coming back from overseas.
Now, don’t get me wrong, I have a great deal of respect for doctors who are willing to go over to third world countries in order to try and help those places who have the least amount of medical care possible.
But think about what America is asking of you when you’re coming back. You’re willing to go to Sierra Leone. You’re willing to work with one of the most deadliest diseases that we know of right now. You’re willing to help people and save lives with that terrible disease. You’re putting your life on the line to go over there.
And yet, when you come back, it’s somehow a violation of your liberty to be in a quarantine? You made the choice to go over there, we all appreciate the fact that you went over there and I’m sure there are people who didn’t die because you were there. But now that you’re back here, there is a responsibility and you have a responsibility to the people in this country that you wait out the quarantine period to make sure that you’re not sick.
Nobody knows what’s really going on
First it was global warming. Then they realized it was getting colder. Now it’s climate change because who can argue against that the climate is changing? Al Gore said we weren’t going to have any polar ice caps anymore. They were going to be all gone by today. And we find out that no, they’ve actually doubled in size, that they’re growing.
This goes along the same lines with the CDC and this ebola scare. I believe wholeheartedly that it is nothing more than an attempt to control you. An attempt to gain power from the people by scaring them with all of these ideas. And global warming is just another one of those ideas.
The surest way to get yourself in a panic is to listen to what the government tells you because they are virtually always wrong. They’re almost never right.
What frustrates me is that nobody looks at the outcomes of their principles and the outcome of their claims. And the reason that they become overly excited about these things is because if they didn’t and there was a real pandemic, well then they get blamed.
But if they go way overboard on it, like tell us that a million people are going to die, well then all of a sudden, when only ten thousand people die, well then they say they took all this action and did something about it.
Hillary Clinton is in a lot of trouble. She’s had to backpedal big time.
This is so typical of politicians to do things like this, to say things so utterly ridiculous. What’s funny is, I’m fairly certain that this was scripted, that she was reading from a prepared speech to this group of supporters when she said these things.
If you haven’t heard about this, basically, yesterday she made this comment.
“Don’t let anybody tell you that it’s corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried; that has failed. It has failed rather spectacularly. - Hillary Clinton
Well, in response to that, she had to come out and clarify her statement today.
Hillary Clinton clarifies comments on job creation
http://onpolitics.usatoday.com/2014/10/27/hillary-clinton-businesses-job-creation/
So-called trickle-down economics has failed. I shorthanded this point the other day, so let me be absolutely clear about what I’ve been saying for a couple of decades: Our economy grows when businesses and entrepreneurs create good-paying jobs here in an America where workers and families are empowered to build from the bottom up and the middle out — not when we hand out tax breaks for corporations that outsource jobs or stash their profits overseas.
This is not a clarification. This is what we call a total reversal. A contradiction.
On yesterday’s show, I explained that trickle down economics is not a real economic theory. What it is is it’s a way liberals have been explaining a principle about economics that the do not understand. Hillary Clinton has absolutely no idea what she’s talking about on an economic scale.
If you ask her what trickle down economics is, she will tell you it’s when you give money to the rich in form of tax breaks in hopes that then the money will trickle down to the little guy. And we went to great efforts yesterday to explain that that is not how free market capitalism works.
When you reduce taxes on people who save and invests, that investment dollars that is made first goes to the worker.
You can go back and watch yesterday’s episode as well as read the show notes for the complete analysis. It’s pretty simple. If you give tax breaks, you give tax breaks across the board to everyone in every sector.
You equally disperse those tax cuts because, here’s the thing, a subsidy is something that a company gets that another company doesn’t get. So, it is the government picking who is going to get capital and who isn’t in the form of tax refunds, grants, or whatever it may be.
We, as libertarians, believe if you are going to give tax relief or tax benefits or tax reductions, you do that equally across the board.
If you’re going to raise taxes, you’re going to do it equally across the board to all companies in all sectors, giving them more capital with which to invest with and you allow those businesses to stand on their own merit without subsidy, without special hand outs.
Unfortunately, Hillary Clinton does not understand even the basics of all this. She goes on to talk about more hot button issues that liberals hate, which is this idea of tax breaks of corporations who outsource jobs. So let me just put that issue to rest as well.
There is not a single company in the United States that’s given a tax cut to send their jobs overseas, nor are they given tax cuts to keep capital overseas.
What happens is companies can get better tax rates and cheaper labor overseas than they can get it over here.
Why can they get that? For one, standard of living is higher here. Low wage workers, there’s a floor on where you can pay low wage workers so the minimum wage hampers their ability to stay here in the United States. And the overall tax burden on them is lower so you see many companies looking at it and they say ‘look, it’s cheaper for me to uproot my entire company, move it overseas, then ship the goods and services back to the United States, and sell them here. I can actually make more money doing that’.
And, as I stated yesterday, ladies and gentlemen, instead of trying to fix the problem of an undue tax burden on individuals who create jobs by Hillary Clinton’s own admission and we need to fix that so more companies will want to come here to work so we create an environment here that will increase GDP, that will increase growth, instead, what do they do?
Instead, they want to put into place laws that prevent people from moving overseas, to prevent people from leaving this country. We need to put a fence around America.
When that is the situation that you are faced with, you’re wrong. You’re making terrible mistakes and something has to change.
But I guess some people were listening to this show and this is why you don’t have to listen to anybody else. You don’t have to go anywhere else for your news. You just have to watch this show. Because, as I said yesterday, if you want the clearest indication of what creates wealth inequality, all you have to do is look at the principles that liberals promote: deficit spending, money to the banks, all of these things.
Draghi May Help Europe’s Rich Get Richer
http://www.businessweek.com/news/2014-10-27/draghi-may-help-europe-s-rich-get-richer
European Central Bank President Mario Draghi, fighting a deflation threat in the euro region, may need to confront a concern more familiar to Americans: income inequality.
With interest rates almost at zero, Draghi is moving into asset purchases to lift inflation to the ECB’s target. The more he nears the kind of tools deployed by the Federal Reserve, the Bank of England and the Bank of Japan, the more he risks making the rich richer, said economists including Nobel laureate Joseph Stiglitz, chief economist for the World Bank from 1997 to 2000.
In the U.S., the gap is rising between the incomes of the wealthy, whose financial holdings become more valuable via central bank purchases, and the poor. While monetary authorities’ foray into bond-buying is intended to stabilize economic conditions and underpin a real recovery, policy makers and economists are increasingly asking whether one cost may be wider income gaps -- in Europe as well as the U.S.
Basic Economics: A Common Sense Guide to the Economy
http://amzn.com/0465022529
A must read to educate and empower you to understand the basic tenets of economics.
Stealthy Norwegian entrepreneur aims to revolutionize U.S. energy storage
http://www.reuters.com/article/2014/10/27/us-energy-storage-eikeland-idUSKBN0IG29T20141027
Jostein Eikeland, a Norwegian entrepreneur with a mixed record of success, is hoping to jolt the world of energy storage.
On Tuesday, Eikeland's latest venture, Alevo, will unveil a battery that he says will last longer and ultimately cost far less than rival technologies.
The technology, which is meant to store excess electricity generated by power plants, has been developed by Eikeland in secret for a decade.
Alevo's approach stands in stark contrast to the public announcement last month of Tesla Motors Inc's planned $5 billion factory in Nevada, which will make batteries for electric cars. Tesla says its plant will employ 6,500 people by 2020. It will receive more than $1 billion of state incentives.
"Building a $1 billion facility in stealth mode is definitely unusual," said Dan Reicher, executive director of the Steyer-Taylor Center for Energy Policy and Finance at Stanford University. Reicher, a former green technology investor, said he was not familiar with Alevo or its technology.
State and county officials in North Carolina confirmed that Alevo has not sought any business incentives.
One of the most interesting pieces of this article is that apparently he has taken no federal money for it. Amazing. You mean, you have an entrepreneur out there with an idea?
Who risked his own money and his own capital on the line to try to create something?
And he didn't need a government grant to do it?
He didn't need the support of the public sector? He didn't need tax money to achieve his goal?
No.
Eikeland, 46, said Alevo, named for the inventor of the battery, Alessandro Volta, has $1 billion from anonymous Swiss investors and has taken no state funding or incentives.
Alternately brash and self-deprecating, Eikeland did not shy away from discussing his up-and-down past. He founded software company TeleComputing Inc during the dot-com boom, helped take it public on the Oslo stock exchange, then left in 2002 after the tech bubble burst.
He later invested heavily in and took the helm of Sweden-based auto parts manufacturer, TMG International, which went bankrupt in 2008. Broke, he was forced to sell his lavish homes to pay his taxes, according to media reports that were confirmed by representatives for Alevo.
After TMG, Eikeland spent a few years investing in software and battery technologies, many of which he admits failed.
"I know how hard it is to lose eight of your 10 fingers," he said. "I wish I had somebody else to blame."
Ladies and gentlemen, this is the true entrepreneur. This is what entrepreneurs really go through. It's not a situation where suddenly they make all kinds of money and they're rich forever now, and their constantly exploiting people.
No, what is he doing? He made a lot of money during the tech boom. He took that money, he tried to invest it in other places and he failed. He failed again, and again, and again.
He went broke. He had to sell his lifestyle, sell his home to pay his taxes. And then he goes right back at it again.
That's what producers do. And this is the misunderstanding that I want to get across to you about the difference between producers and workers. The progressives, the Democrats, would have you believe that it is the worker that is the producer.
Unfortunately, that just isn't the case. If you're a worker, you're labor.
The producer is the guy that can create regardless whether you are there or not.
The employees are there to create economies of scale. The real producer is the guy who creates the widget. The guy who puts it together. The guy who took the idea and turned it into reality.
And if all of the workers were gone, the producer would still be able to make a living because he could still churn out the widgets on his own.
This is the difference. This is the guy that invests, who risks his life's savings.
Hello, welcome back ladies and gentlemen!
Rarely do I ever have, during a day of broadcasting, a better opportunity to clearly contrast progressive ideology and free market, freedom based ideology, and the economic principles and outcomes it creates.
As you know, on this show, our main goal is to inspire and to educate, and to entertain, on the principles of economics, of free markets, on capitalism, and on freedom and liberty.
In the stack today, we’re going to talk about socialism and it’s effects here.
Hillary Clinton, most recently, said some things at a recent fundraiser about businesses and creating jobs. More, from the party of ‘you didn’t build that’ coming out of Hillary Clinton.
Apparently, hundreds of people, if not thousands of people over the last several years, are giving up their U.S. citizenship.
They’re just giving it up and moving away so we’re going to talk about why that is as well as the principles that we are adhering to right now that’s causing to flood out what is still in my opinion one of the greatest countries on Earth, one of the freest and most successful countries on Earth. Why are people leaving?
French unemployment: I know it’s rare to talk about French unemployment here on this show that’s basically has an American audience. But it’s important because French unemployment is skyrocketing.
It’s at all time highs. And the question is why? What’s happening over there? What’s causing unemployment rising so high? Youth unemployment in France is 50%. Half of youth in France who are looking for work can’t find a job. And we’re going to discuss why that is, what people need to do and what changes need to happen in France in order to put it back together.
Then, we’ve got some other stuff in the stack.
One of the surest ways to ensure your untimely death is to call the suicide prevention hotline and tell them that you’re suicidal.
Man in Roy, Utah placed a call to a suicide prevention hotline at 4am Tuesday morning threatening to kill himself. Several hours later, he was shot and killed by police.
So, if we have time we’ll get to that.
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Let’s start off about this Hillary Clinton situation.
If you remember back, President Obama talked with a group of supporters that people who are successful in America did not get there on their own, that if they have a large successful company that they didn’t build that. And somebody else made that happen, someone else helped them along the way. The general premise his argument is this old argument that we’re all in this together, that no single man creates an industry on his own. No he doesn’t, it always requires cooperation.
But, the Democrat Party is the party of ‘it takes a village’ and they think that that’s at odds with libertarian beliefs. It’s not. No one thinks that a man gets to where he is on his own. It’s only through cooperation and, what we would say, free cooperation between people that things happen. What progressives will have you believe is that the government is responsible for the success or failure of a nation. And, that is true in the sense that the laws and mandates that it puts into place will either hamper or support the free market system. But it is not the government controls, it is not the government deciding on one hand or the other who will win or lose that ultimately determines whether or not a country is going to be successful, of whether it is adhering to these principles of free market and liberty.
Hillary Clinton says,
“Don’t let anybody tell you that it's corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried; that has failed. It has failed rather spectacularly.
And, let me break this down here.
Number one, I’m going to show case possible Presidential candidate, Hillary Clinton, her stupidity as is most of the people in Washington are in their understanding of basic tenets of economics. The second thing that I am going to do is destroy this concept of trickle down economics.
Hillary starts out by attacking who creates jobs. Now, she doesn’t say who actually creates jobs but the inference is if companies and corporates don’t create jobs then government must create jobs, the hirer of last resort.
The second thing that she does is she tries to attach this idea of who creates jobs to the ideas of trickle down economics. Now, I would submit, she’s right in the sense that companies do not create jobs. A company is nothing more than a physical structure. A company can no more create jobs than a rock can create jobs. People create jobs. People who start companies. People who work at companies. People who make decisions inside of companies creates jobs.
A corporation is nothing more than a collection of shareholders or individuals who run the company. A corporate is a box, it’s brick and mortar, it’s plaster. So you have to understand that when you are talking about a corporation, you are talking about individuals making decisions that either grow a company or destroy a company.
But if a corporate does not create jobs then who does?
Well, the people inside of that company do.
And she talks about trickle down economics and tries to connect the fact that this theory that money will flow from the top down to the bottom. What progressives are attempting to suggest is that if you pump money directly into the poorest of people, that will in fact raise everyone up out of poverty, that the poor will have more money which means the middle class will have more money, which means they will spend money, which means that those who are at the top will get a portion of that wealth.
Here’s the problem: there is no such thing as trickle down economics.
This is not an economic principle. No economist in history has ever discussed or promoted a theory of trickle down economics. The word was created by progressives in an attempt to explain a economic principle that they did not understand.
So, if trickle down economics is not a real thing, what is the missed understanding?
Well, the misunderstanding is this. The progressives believe that free market economics requires that you pump money directly, you give money through subsidies or tax rebates to the richest people in the world and that somehow sparks growth and it will trickle down to those at the lowest level of society. And that’s why they always try to classify tax cuts for the rich as being trickle down economics.
The issue is they are wildly inaccurate in what tax cuts do. Milton Friedman talks about this. What do rich people do with their money? They invest it. What do they invest it in? In companies and in stocks, which turn around and do what?
They invest it in growth of their company.
You see, capital investment is the key to growth.
If you want a country to grow, if you want companies to grow, you have to invest in that company. Now, that can be done by the owner investing with his own capital or by going to Wall Street and saying to people ‘come invest in my company.’
But what they don’t understand is when you invest in a company, the first dollars that get invested end up going to other people, not to the top 1%. They go to the workforce, they go to the contractors, they go to the research and development that goes on inside the company. It’s only after when those principles, those ideas are put to test in the free market do they see the potential for wealth coming back the other direction.
What progressives fail to understand is that those people who save and invest who actually creates jobs, who actually grows the economy. It is not the fact that people at the bottom spend money. It’s the fact that people at the top, people who have money to invest and risk are willing to invest that capital. And the less capital they have to risk, the more difficult they make the process, the harder that it is going to be for an economy to grow.
To illustrate my point, I want to read from Thomas Sowell.
He’s so good, unlike other economists, what Thomas does is he explains the economic principles that perform best, that do the most to create the most amount of freedom and liberty for all people. He explains it in a way that every single person in America and around the world can understand.
And what we’re really talking about here when we talk about corporations not creating jobs, trickle down economics is they are railing against tax cuts for corporations, tax cuts for ‘the rich’.
Here’s a quote from Thomas Sowell:
The “Trickle Down Economics Straw Man
http://capitalismmagazine.com/2001/09/the-trickle-down-economics-straw-man/
The real effect of a reduction in the capital gains tax rate is that it opens the prospect — only the prospect — of greater future net profits. But that is enough to provide incentives for making current investments.
Those who imagine that profits first benefit business owners — and that benefits only belatedly trickle down to workers — have the sequence completely backward. When an investment is made, whether to build a railroad or to open a new restaurant, the first money is spent hiring people to do the work. Without that, nothing happens.
Money goes out first to pay expenses first and then comes back as profits later — if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the money coming back.
Even with successful businesses, years can elapse between the initial investment and the return of earnings. From the time when an oil company begins spending money to explore for petroleum to the time when the first gasoline resulting from that exploration comes out of a pump at a filling station, a decade may have passed.
You see, when you cut taxes on ‘the rich’, when you cut taxes on the investments people make, what you are doing is you are opening up the prospect and only the prospect of greater future net profits. And that investment that is made first goes not to the pockets of the rich and powerful, but to the worker.
If you want the clearest demonstration of true trickle down economics, you need to only look as far as the recent actions taken by the Federal Reserve. One that economists like Paul Krugman, politicians like Hillary Clinton and President Obama support. And it is the idea of directly funneling money, pumping money into the economy.
John Maynard Keynes is an economist who believed in the theory of deficit spending.
There is absolutely a benefit to government spending during a recession. And what the Keynesians want is when the economy begins to slow down, that the Federal Reserve and the Federal government should step in and print whatever money is necessary and pump that money directly into the economy in order to stimulate to keep the economy afloat. And then as the economy comes roaring back, they suck that money out through higher taxes and through higher interest rates.
Although the theory is sound, the problem is, in reality what ends up happening?
What ends up happening is, we end up spending money during the deficit period and then as the market comes roaring back, nobody wants to raise taxes.
No politician wants to claw that money back by raising taxes or increasing interest rates. So what we get is a constant steady increase in the dollars in circulation, in the debt the country incurs, and an increase in regulation, which is not what Keynes espoused.
But the clearest form of what trickle down economics is if you look at the current spending. What they did is they injected capital directly into the economy and who did they give it to? They did that through offering 0% interest rates to the banks.
The banks then reconstituted their balance sheets, they ended up loaning out that money to large corporations who they had almost no chance of losing money on at very high margins so the banks start to see record profits coming in.
Now, try to get a loan for a home or a small business. Those loans are extremely hard to come by.
Why? Because interest rates are so low. Nobody wants to loan out money to a small business where the risk is high and the return on investment is low.
They would much rather hold that money on reserve now that they’ve reconstituted their balance sheets and loan it out as interest rates increase or they want to put their money into large corporations that have a very low chance of defaulting on the debt.
And, as we see, that form of direct trickle down economics, if you want to use the term in the progressive philosophy of how we ought to be spending money, what do we see?
Who gets hurt? The people that get hurt are the people at the bottom.
What do we see? The greatest wealth disparity in history in the United States exists now.
Why? It’s because of the very principles that the Federal Reserve and our government are promoting. That’s what’s causing this wild disparity in wealth.
It has nothing to do with tax cuts for the rich. It has to do with the economic policy of progressives in Washington and a Federal Reserve that’s taking the approach of stimulating, providing assets and resources, to the richest in the United States to the detriment of the poorest.
True trickle down economics is practiced by progressives, not by conservatives, certainly not by free market capitalists.
We live in a society now where you are not restricted by the country that you live in, where corporations are not restricted, where individuals are not restricted. You can live, work, start a company anywhere in the world.
This is how bad it’s gotten that our government is starting to create policies to keep people in. Tax policies that force companies and prevent companies from going overseas, forcing them to stay inside the country so that they can collect the tax dollars.
These are the policies that we are now seeing in America. This is how our government attempts to fix the economic issues that we’re faced with. And what do you see? You see 9,000 Americans over the past 5 years have turned in their passport. 2,300 people in this year alone.
Hundreds Give Up U.S. Passports After New Tax Rules Start
http://www.bloomberg.com/news/2014-10-25/hundreds-give-up-u-s-passports-after-new-tax-rules-start.html
The number of Americans renouncing U.S. citizenship increased 39 percent in the three months through September after rules that make it harder to hide assets from tax authorities came into force.
People giving up their nationality at U.S. embassies increased to 776 in the third quarter, from 560 in the year-earlier period, according to Federal Register data published yesterday.
Tougher asset-disclosure rules that started July 1 under the Foreign Account Tax Compliance Act, or Fatca, prompted more of the estimated 6 million Americans living overseas to give up their passports. The appeal of U.S. citizenship for expatriates faded further as more than 100 Swiss banks began to turn over data on American clients to avoid prosecution for helping tax evaders.
The U.S., the only Organization for Economic Cooperation and Development nation that taxes citizens wherever they reside, stepped up the search for tax dodgers after UBS AG (UBSN) paid a $780 million penalty in 2009 and handed over data on about 4,700 accounts. Shunned by Swiss and German banks and with Fatca starting, more than 9,000 Americans living overseas gave up their passports over the past five years.
What does this tell us? What this tells us is that people will find a way. That you cannot legislate control over the free market. That if you do so, people will start to change their habits. Also, companies, as we’ve said before they’re nothing more than groups of people, will find a way.
If you tell a company, look, you cannot incorporate overseas, guess what they say? They’ll say, that’s fine. They’ll create a company overseas, that company will buy all of the assets from company A and now it will become an overseas company. Now, we will lose all tax revenues just like we’re losing the tax revenues of those 9,000 individuals, high net worth folks, who have just decided to say ‘I’m done’.
Now, I don’t care if you agree with that or not. You can call them tax dodgers or un-American. It doesn’t matter. The point is the money is gone.
Those are producers. They are people that create wealth who are saying it’s so bad in America that I am willing to give up my American citizenship. Can you imagine someone in 1950 saying that?
It is so bad here that I would rather be a man without a country. Or I would rather go live in Switzerland than be an American. We have got to change.
Now, if you want to see what it looks like, if you want to see where we’re going, and what these policies actually look like when they’re fully implemented, you need to look at France.
French unemployment hits new record high
http://www.france24.com/en/20141024-france-unemployment-rises-new-record-high/
Data from France’s labor ministry showed unemployment rose by 0.6 percent last month, after the modest 0.3 rise it experienced in August.
“Let’s be honest, we are failing, French Labor Minister François Rebsamen told Le Parisien newspaper on Friday in an unusually candid acknowledgement of France's massive unemployment problem.
We can look at France right now at this very moment and we can see the outcome of the policies that we are now implementing in the United States. We can see where we're going.
The belief system that President Obama, Presidential Candidate Hillary Clinton, that the entire progressive party in America, the Democrat Party supports, is one of rampant unemployment, massive problems with youth unemployment, which is what we're seeing right now. The largest youth unemployment in history. More people on food stamps, unemployment insurance, than ever in history.
This is not because there was a great stock market collapse or a housing implosion. It's been nearly 8 years. It has absolutely nothing to do with that. It has to do now with the policies that are in place that are causing those problems and the perpetuation of this cycle.
Man calls suicide prevention hotline, SWAT team shows up and kills him
http://axisoflogic.com/artman/publish/Article_67905.shtml
A Roy, Utah man, Jose Calzada, 35, placed a call to a suicide prevention hotline at 4:00 a.m. Tuesday morning and threatened to kill himself, seven hour later he was shot and killed by police, according to law enforcement.
According to ABC 4, neighbors described Calzada as a quiet, friendly man, who was divorced and now lived in the home with his girlfriend and her children.
The first tragic mistake in this case was made when the Weber County Consolidated Dispatch Center sent officers to the residence rather than some type of crisis response team trained to deal with suicidal individuals.
From previous cases, such as that of Jason Turk, who was shot twice in the face after a suicide call to 9-1-1 by his wife, or that of Christian Alberto Sierra, who was suffering from depression and had attempted suicide when police showed up and shot him four times, killing him, most know all too well what happens when you send officers to “assist people threatening suicide.
Subsequently, a SWAT team came to the residence and “negotiated with Calzada for more than seven hours before taking his life.
“At some point those negotiations failed and unfortunately the SWAT team was involved in a shooting, and the subject is now deceased, said Roy PD spokesman Matt Gwynn.
Is the world burning down around me? I’m looking across the news today, I’ve got people chasing down cops with hatchets, I’ve got new ebola scares, I’ve got British governments attacking Christian schools for not having imams teaching lessons.
Have we all gotten stupid?
We got some interesting stuff. Anderson Cooper, poor Anderson, some idiot in Canada wanted a selfie with him at the murder site of the soldier that was killed by the terrorist. We’ll get to that in a minute.
All that and a lot more on today’s show. Welcome to The Live Show. My name is Jason Stapleton. If you want to be part of the show, you can email Jason@TheLiveShow.TV.
Royals play again tonight in San Francisco. We’re going to hopefully have another great day. Game kicks off at around 7pm.
It seems to me as though, everywhere I’m looking now, I pay pretty close attention to the news and there’s been some very unfortunate things that I’m seeing.
And I don’t want to get on this bandwagon about government intrusion and be one of those people. There are some serious issues that are happening here in the United States.
I got two stories here: one out of Great Britain and one out of the U.S. where you have governments that are basically punishing schools for practicing their Christian beliefs and their value system. They’re doing it in the United Kingdom under the guise of tolerance and individual liberty. And somebody in Great Britain needs to explain to those in their government what exactly individual liberty is because I don’t think any of them understand it.
And, then you’ve got the stock market is looking like it might be down again today. Dow futures pointing down 11 because of an apparent ebola scare. I don’t know what else it could be.
Now, we’ve got a guy in New York back from Guinea who tested positive for the ebola virus. If you notice, the people that are getting ebola are coming from outside the United States who contracted it or people who worked closely with someone who is being treated for ebola in the late stages. Now this, of course, holds true to what we believe and what we understand about ebola is that it is not highly contagious until the very late stages.
Yesterday, we talked about the shooting that happened in Canada, with a terrorist on the loose.
Let me define terrorism for you because people are trying to say that it wasn’t terrorism, that it was an isolated incident.
Again, it’s either people who don’t really understand what terrorism is or people who are just trying to water down the fact that this was a Muslim extremist who ended up going and shooting soldiers at a memorial and then going on to a government building and shooting up that place as well.
A terrorist is someone who performs a terrorist action in order to influence the political and cultural decisions of the governments in that area. So, I don’t care if this guy is attached to a larger cell and there’s evidence that he was, that his dad use to fight in the revolution against Muammar Gaddafi before he came to Canada. And so there’s all kinds of evidence that this guy is tied directly back to the same militant fighters who ultimate established a stronghold in Iraq and Syria.
But let’s leave all of that aside. Let’s say he was just some nut job out there who took a little too seriously the good book written by Mr. Muhammad. And he just decided that he was going to start killing people. That is a terrorist act. He did it for no other reason than to terrorize. He was trying to create fear and panic in society. That’s terrorism no matter how you look at it.
And, we talked about it yesterday on the show. Wouldn’t you know it, of course there’s a lot of press and stuff down there, and Anderson Cooper was down there doing a report on the event. And a young aspiring journalist from the Sun News, Vandon Gene, ends up asking Anderson Cooper for a selfie.
Reporter’s ‘Completely Inappropriate’ Request Leaves Anderson Cooper Stunned: ‘I Can’t Believe Any Station Employs You’
http://www.theblaze.com/stories/2014/10/22/reporters-completely-inappropriate-request-leaves-anderson-cooper-stunned-i-cant-believe-any-station-employs-you/
Anderson Cooper tweeted out scathing criticism of a reporter Wednesday night after the journalist asked for a photograph at the same site a Canadian soldier was killed hours earlier.
Video of the incident showed Cooper tell “aspiring journalist and Sun News contributor Vandon Gene that the request was “wildly inappropriate.
Gene initially uploaded the footage and then turned to Twitter to skewer Cooper.
Cooper was not afraid to fire back on Twitter, reiterating that he found his request “completely inappropriate and even said it surprised him anyone would hire him as a reporter.
Anderson Cooper responded that he was not going to take a picture with him near where someone just died. And the reporter gets pissed, he really gets angry at Anderson Cooper for not being willing to take a selfie with him near the recent and tragic death site of this soldier who was murdered. He ends up sending out some tweets going after Anderson. Anderson’s response to Vandon Gene is classic. Kudos to Anderson Cooper for doing the right thing.
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The religion of peace is at it again!
Apparent Muslim Suspect Viciously Attacks NYC Officers With a Hatchet; Possible Ties to Radical Islam Revealed
http://www.theblaze.com/stories/2014/10/23/hatchet-wielding-man-shot-and-killed-after-vicious-attack-on-officer-in-nyc/
A hatchet-wielding man attacked a group of patrol officers in a busy commercial district in Queens on Thursday, injuring two before the other officers shot and killed him, New York City police said. A bystander was wounded in the gunfire.
The deceased suspect has been identified in multiple reports as 32-year-old Zale Thompson, an apparent Muslim who lived in Queens.
At a news conference at a hospital where one officer was being treated for a serious head wound, Police Commissioner William Bratton said that investigators were still trying to determine a motive.
New York police officer critically wounded in hatchet attack
http://www.reuters.com/article/2014/10/24/us-usa-newyork-hatchet-idUSKCN0IC2RG20141024
A hatchet-wielding attacker charged a group of New York City police officers posing for a photograph on Thursday, wounded two, one critically, before the assailant was shot dead, police said.
The officers were on foot patrol when they were asked by a freelance photographer to pose for a picture on a Queens street at about 2 p.m., a New York Police Department spokesman said.
Suddenly a man carrying a hatchet charged the officers, swinging it and striking one officer in the right arm and then swinging it again and striking a second officer in the head, the spokesman said.
The remaining two officers fired their weapons at the man, hitting him. The suspect, whose identity was not yet confirmed but who was said to be approximately 32 years old, was pronounced dead at the scene.
What are we coming to? New York City, here’s the thing: you can’t own a gun in New York City. You really can’t. To get a concealed carry permit, to get a weapon into New York City is extremely difficult. Huge gun laws preventing that and so what happens? This guy has a hatchet. And he just comes at officers with a hatchet, critically wounding one of them before they finally get their guns out and shoot him.
We could make this about gun crime. The thing is, removing guns don’t stop crime. All it does is prevents honest people from protecting themselves. This time, the cops were caught off guard by a hatchet wheeling man who apparently is upset at White people, who made hateful remarks on YouTube.
And we talked about this on the show yesterday during the Michael Brown incident. I said, guys, there is likely legitimacy to the argument, there is police brutality that happens all the time. There are cops who create wild injustices in America all the time. But go after them. Go find those actual cases. Don’t spend your time on the Michael Brown thing because Michael Brown was not a good guy. He was not a good person. He was a criminal. He attacked a police officer and he was shot dead for it. That’s not the guy you want to hitch your cause to. You find somebody else.
Most recently, we found this today. There was a situation where, we don’t know what happened before but, there is a cop and a suspect wrestling and they’re kind of rolling around, where it looks as though the police officer is trying to arrest this individual and then this individual is resisting.
NYPD cop kicks fellow officer in the head during arrest - thinking he is the suspect
http://www.dailymail.co.uk/news/article-2806101/The-moment-NYPD-cop-kicks-fellow-officer-head-arrest-thinking-suspect.html
This is the moment an undercover cop kicked a fellow officer in the back of the head after apparently mistaking him for a suspect.
Video footage from DNAinfo New York shows the plain-clothed NYPD officer rush to the aid of a uniformed colleague, who was wrestling a suspect with the help of another undercover officer.
But the officer, who is seen wearing a grey jumper and jeans, immediately kicks the undercover cop in the back of the head after joining the struggle at Coney Island's Stillwell Avenue station.
Here’s the thing: the difference between this situation and the Michael Brown situation is that this officer is going to lose likely his badge. They’re talking about firing this officer and rightly so. The guy came in, had no idea what was going on, ended up first kicking another officer in the back of the head, and then later punching the suspect in the nose.
I will tell you right now, there is some justification for him hitting the suspect because if the suspect was tangled up with the officer and was not complying with the officer’s orders to give then he does have the ability to use physical force in order to move him.
But that’s the kind of thing that you can take out. You can say ‘look at what this cop did, this guy ought to be punished and this is evidence of a system problem inside the police force.’ Now, whether or not that’s true, it’s very difficult to prove but certainly this is a much better case for you to protest against. But not the Michael Brown case.
I want to switch over and talk about what’s happening in the school system and really in government. And I’m going to use something that’s going on in the U.K. and tie that to a battle a church in California is having.
Christian school 'downgraded for failing to invite an imam to lead assembly'
http://www.telegraph.co.uk/news/religion/11173102/Christian-school-downgraded-for-failing-to-invite-an-imam-to-lead-assembly.html
A successful Christian school has been warned it is to be downgraded by inspectors and could even face closure after failing to invite a leader from another religion, such as an imam, to lead assemblies, it is claimed.
The small independent school in the Home Counties was told it is in breach of new rules intended to promote “British values such as individual liberty and tolerance in the wake of the Trojan Horse scandal, involving infiltration by hard-line Muslim groups in Birmingham.
So you have a Christian school in the United Kingdom that’s been downgraded by the government and they’re facing potential closure because the Christian school will not bring in Imams or some other religious group to lead assemblies.
Let me set this up for you. The Trojan Horse Scandal was a situation where some Muslim based schools were used as breeding grounds to spread hate and discontent. There is evidence that they were attempting to get rid of all non-muslim staff in order to teach radical ideas to children. And the British government was upset about this so they put together a law that says you have to provide a well balanced education. Inspectors are going around schools now say that they will consider the effectiveness of a school’s provision for a pupil’s spiritual, moral, social, cultural development and how the schools leadership and management ensures that the curriculum’s activities promote British values.
Now, ladies and gentlemen, I want to explain to you a very simple principle that is overlooked. There is no such thing as British values. There is no such thing as American values or French values. There are only individual values. And individual values vary from person to person, from household to household, across the country. So the very idea that you are going to create a law that focuses on promoting British values is to suggest that individual values have no place and that there is some sort of collective value system across the whole of Britain. And that simply can’t be true. That’s the first thing that we really need to understand.
The second thing is this law is designed to promote individual liberty. But if the government is placing laws on people preventing them from the free practice of their own religion and choosing how they are going to educate children seems to me a violation of liberty, not a support of.
The most troubling piece of this is the tolerance piece. This idea of tolerance on an international scale has become one that says you have to be accepting of everyone’s religion, you don’t have a choice. Tolerance means total acceptance, allowing all people special privileges, forcing people to accept your way of life. That is not tolerance.
True tolerance is you believe what you believe, I believe what I believe. We may very well disagree but as long as you stay on your side and you don’t infringe on my right to practice what I believe, I will not infringe on your right to practice what you believe.
For example, the gay marriage topic we talked about yesterday where this gay couple walk into a chapel and says we’d like you to marry us. And the individual says I’m sorry that goes against our religion and our faith so we simply can’t do that for you. I’m not going to perform this ceremony. Well, under this new concept of tolerance, somehow this pastor ought to be forced to provide chapel services to this gay couple, even if it goes against what he believes. So it’s okay if it infringes on his individual liberty, on his individual right as long as it’s tolerant of someone else’s opinion. Where is the tolerance of this pastor? Where is the tolerance for this school?
Churches in California Battle State Gov’t After Being Forced to Cover ‘Elective Abortion’
http://www.theblaze.com/stories/2014/10/23/look-closely-at-these-govt-letters-the-elective-abortion-mandate-could-have-major-implications-for-california-churches/
A recent regulatory change in California now requires all employer health plans in the state — including those offered by churches and faith-based organizations — to cover elective abortions, according to a conservative legal firm.
Casey Mattox, senior counsel at Alliance Defending Freedom, told TheBlaze Thursday that the regulatory amendment requiring abortion coverage was made by California’s Department of Managed Health Care.
The abortion policy immediately took effect August 22, with the government giving 90 additional days for the language in health care plans to officially change, according to state documents.
Mattox explained this week in a story for The Federalist that the change resulted from “the insistence of the American Civil Liberties Union, with California officials subsequently deciding that elective abortion now falls under “basic health services in the state.
But Mattox told TheBlaze that this regulatory situation is curious, as churches are now exempt from providing contraception, but not abortion.
“Churches are exempt from both state and federal … mandates, he said. “They don’t have to provide contraception, but they have to provide abortion.
I'm chomping at the bit today! Ladies and gentlemen, I cannot wait to get the show started because we are jam packed full of news today.
One of the best things that happened was the Royals won 7 - 2 over the Giants last night. Complete and total turnaround from game one! We looked sharp. How about that pitching? We’ve got some talent and it was fun to watch.
Moving on, let’s lead off with some ebola news.
Family: Amber Vinson free of Ebola virus
http://www.usatoday.com/story/news/nation/2014/10/22/ebola-amber-vinson-recovery/17742417/
The family also said that the 29-year-old nurse, who contracted the virus from Liberian Thomas Eric Duncan, was regaining strength and that her spirits were high.
"We are overjoyed to announce that, as of yesterday evening, officials at Emory University Hospital and the Centers for Disease Control (and Prevention) are no longer able to detect virus in her body," the family said in a statement hours after Vinson spoke with her mother, Debra Berry.
Dallas nurse, Amber Vinson, free of ebola. Now, keep in mind, this means nothing at all. The CDC is saying that 900,000 people will die of ebola. We have an epidemic, according to the CDC and the news media. Officially, we have gone from 3 ebola patients to 1 ebola patient. And, just released, 43 potential ebola patients now ebola free.
It seems to be things are fairly under control. Unfortunately, that can’t be the case because that’s not what the CDC says. According to the CDC, it’s a death sentence. What’s funny is that they don’t say whether it’s an airborne virus or not. What they say is, we can’t confirm that it’s not. So, naturally, that’s just designed to strike fear into the hearts of man.
It’s so not an issue and it’s just frustrating to me that we keep on having to have this discussion. This is designed to do nothing more than to create fear and panic in you. And we’re not going to do that. If no one else will do it, then we will be the voice of reason.
Us and Shepard Smith.
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Ferguson Protesters Invade Police Department After Revealing Autopsy, Toxicology Reports Leak
http://www.theblaze.com/stories/2014/10/22/ferguson-protesters-invade-police-department-after-revealing-autopsy-toxicology-reports-leak/
Protesters seeking “justice in the officer-involved shooting of 18-year-old Michael Brown marched inside the St. Louis County Police Department on Wednesday afternoon.
“If we don’t get justice here, we’ll get it on the streets, one activist yelled, according to St. Louis Post-Dispatch Reporter Steve Giegerich.
A leaked toxicology report showed that Brown had tetrahydrocannabinol, commonly referred to as THC, in his blood and urine and may have been impaired. Further, an autopsy report suggested that there was a “significant altercation at the car.
The alleged account of Ferguson officer Darren Wilson, who fatally shot Brown, was also included in Tuesday night’s explosive reports.
If you remember several weeks ago, I talked about the rioters destroying their own town, burning down their own convenience stores. Well, there’s new evidence out today that proves that Michael Brown had THC in his system.
His urine and his blood showed THC in his system, which would explain a lot because one of the things that I’ve never understood about the the shooting and what happened was what would cause a kid if he sees the cops, what would possess him to run to the cop, punch him in the face while he’s in his vehicle, reach in, try to grab his gun and then ultimately get shot. And then what would possess him after being shot to then turn around and continue to confront the officer.
Well, now we find out. There’s a reasonable explanation for it.
It’s because he was hopped up on THC.
On Wednesday, protesters went into the police station to demand justice saying “if we don’t get justice here, we’ll get it on the streets. I think that somebody needs to explain what justice means because apparently justice to the protesters is convicting a man of murder with absolutely no substantiating evidence whatsoever. Apparently, justice to these individuals is ignoring all of the facts and looking only at the individual’s race. And making your determination as to their guilt or innocence based on the color of their skin. Now, in my mind, that’s racism.
But it turns out that they in fact are storming police stations now threatening that if they don’t get justice, which i’m assuming is a conviction of Officer Wilson where he goes to prison regardless of the evidence of the crime, that that’s the only thing that will suffice in terms of justice. That that in their mind is justice.
And I say, what kind of world are we living in?
Again, the protesters that are out there, this has nothing to do about justice for Michael Brown. It’s important that you understand that. None of this has to do with justice for Michael Brown. What they may have is they may have complaints about the Ferguson Police Department and those complaints may be justified. But this is not the case that you use to justify and to let out your anger because this case has absolutely nothing to do with justice.
What I’m saying is, there may be merit to the argument. But they’re pinning, they’re hitching their wagon to a lost cause. Michael Brown died because he was a criminal who apparently was on drugs and who had just got done robbing a convenience store. Then he attacked in officer and was shot dead. If you’re a protester, this is not who you’ll want to be hitching your wagon to. This is not the one you want to make your stand on.
There is police corruption all throughout the United States. Go find that. Go find the real corruption. Go find the real Black kid who was gunned down for no good reason. I just saw an article, police raided the wrong house and a 7 year old kid was murdered by the police after they raided the wrong house, shot dead in their bed. This happens every day. Go protest that. Don’t protest this. This makes you look bad.
Canada's parliament attacked, soldier fatally shot nearby
http://www.reuters.com/article/2014/10/22/us-canada-attacks-shooting-idUSKCN0IB1PY20141022
Canadian officials identify shooter in brazen attack on Parliament complex
http://www.foxnews.com/world/2014/10/22/soldier-shot-at-war-memorial-near-canadian-parliament/
There was a mass shooting at Canada’s parliament and before this shooting occurred, there was a shooting at a memorial where two soldiers shot, one was wounded and one was killed. Now, the individual who did the shooting at parliament is now dead. The shooter was Michael Zehaf-Bibeau. This individual, a Quebec native, is thought to have recently converted to Islam.
Fox News Hosts Tell Young Women Not To Vote, Go Back To Tinder And Match.com
http://www.huffingtonpost.com/2014/10/22/fox-news-young-women-voters-kimberly-guilfoyle-midterm-election_n_6028054.html
"The Five" co-host Kimberly Guilfoyle said Tuesday that young women should excuse themselves from voting in the upcoming midterm elections because they don't share the same "life experience" as older women and should just go back to playing around on Tinder and Match.com.
"It's the same reason why young women on juries are not a good idea," Guilfoyle said. "They don't get it!"
Earlier in the conversation, co-host Greg Gutfeld made the point that "with age comes wisdom" and the "older you get, the more conservative you get."
Just as there should be no Al Sharpton on MSNBC, there should be no 5 on Fox. It’s nothing more than a bunch of people sitting around spewing right wing propaganda.
$10G to watch grass grow: Coburn report details worst examples of gov't waste
http://www.foxnews.com/politics/2014/10/22/10000-to-watch-grass-grow-coburn-annual-report-details-wasteful-govt-spending/
As American taxpayers worried about the terror threat from the Islamic State, the crisis at the border and the economy, the U.S. government spent their money to give rabbits massages, to teach sea monkeys to synchronize swim and to literally watch grass grow.
University of Pennsylvania Economist: The Rich Are Best Off Paying Tax Rate of…
http://www.theblaze.com/stories/2014/10/22/university-of-pennsylvania-economist-the-rich-are-best-off-paying-tax-rate-of/
A pair of economists are making the case that the top federal income tax rate has been far too low for far too long.
The current top tax rate is nearly 40 percent, a figure that University of Bonn professor Fabian Kindermann and Dirk Krueger, of the University of Pennsylvania, are claiming should be more than doubled.
Krueger told The Huffington Post that all Americans are better off if the top 1 percent of income earners pay a tax rate of “somewhere between 85 and 90 percent.
Kindermann and Krueger believe that increasing the top tax rate to roughly 90 percent would decrease “wealth inequality and bring in more revenue for the federal government.
“High marginal tax rates provide social insurance against not making it into the 1 percent, Krueger added.
Economists Say We Should Tax The Rich At 90 Percent
http://www.huffingtonpost.com/2014/10/22/economists-tax-rich_n_6024430.html
America has been doing income taxes wrong for more than 50 years.
All Americans, including the rich, would be better off if top tax rates went back to Eisenhower-era levels when the top federal income tax rate was 91 percent, according to a new working paper by Fabian Kindermann from the University of Bonn and Dirk Krueger from the University of Pennsylvania.
The top tax rate that makes all citizens, including the highest 1 percent of earners, the best off is “somewhere between 85 and 90 percent, Krueger told The Huffington Post. Currently, the top rate of 39.6 percent is paid on income above $406,750 for individuals and $457,600 for couples.
These 'economists' are wrong on so many levels.
I explain why and how in every single one of their points because this is the type of study that liberals and progressives will use to arm themselves. And you've got to be prepared and understand what the facts are about economics because these two researchers do not understand economics. I don't care if they call themselves economists. They have not a clue what they're talking about.
Make sure you watch or listen to Jason's complete analysis.
Welcome back, so glad you’re here with us today for another edition of The Live Show.
First off, let’s talk about the Royals. What a terrible showing. I felt bad for our boys but they didn’t play well so they didn’t win. Hopefully they’ll play a little better tonight.
In today’s episode, we have a lot of stuff in the stack today. We’ve got a lot of Detroit news that I want to talk about. We also have some stuff about the Mexican drug cartels and all this talk about ISIS.
I’ve been saying this but ISIS is not really a threat. It’s not a threat to you or me. It’s a problem for you if you live in the region but it’s just not a problem for us.
And there’s an article from American Al Jazeera contrasting how bad ISIL is with how bad the drug cartels in Mexico are. They have some good numbers that they throw out here are actually pretty good so I’ll read a little bit about it despite the fact that it’s nothing more than an apology piece for ISIL, which we’ll get to a little later in the show.
I want to begin by talking first about stocks.
We saw a major rally. Now, I don’t like to pat myself on the back but sometimes when nobody is there to pat me on the back, I have to do it. And I told you guys that we were going to see a rally.
If you take a look at the Dow Jones Industrial average, we’re trading at 16 6. Now, I put my money where my mouth was and I bought calls at 164 calls, the November calls. And so right now, I’m well into the money on those calls and I am looking for a move back up into around 16 8. That is the previous little dip level. I told you last time you have to respect the previous structural level looking at around 16 4. You can see that the market actually found a little bit of resistance.
The market did respect that 16 4 level until yesterday and we now broke above it. So, the next level that we’re kind of watching is at 16 8. If we can get there, then that’s going to be the area where I’m going to look to off my calls and take my profits out of that because I think that’s probably where we’re going to potentially be seeing the selling.
I didn’t know if this was going to be a 3 day rally or a 7 day rally but it looks like we’re already 3 days into the rally. We could have a down day today but if we can get up there, if we can get a 200 pip rally over the next couple of days, I’ll end up taking that position off for a very nice profit.
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The U.N. just made a recent visit to Detroit.
For those of you who don’t know, Detroit has looked like a war zone, a war torn country. They have lost something like 50% of their population. There are massive amounts of poverty and huge losses of business and commerce. Because Detroit was built around the auto industry, when the auto industry saw a decline, Detroit likewise saw a decline. The unions have lost their grip on that economy. And companies are just simply moving out, moving their plants to other countries, other parts of the United States, where it’s less expensive for them to operate.
One of their major problems is Detroit is now bankrupt, they’re beyond bankrupt. They cannot pay their bills, they cannot do anything that they’re suppose to do. Keep in mind, liberals and progressives have been running the state of Michigan and, more specifically, the city of Detroit, since the Industrial Revolution. And like most progressives, they’ve managed to run it into the ground.
The reason that it happens is that they make promises that they cannot possibly fulfill on. They consider things that are really no more than conveniences or excesses as human rights, as rights. It’s a right that you have a certain amount of money. It’s a right that you receive a certain amount of pay. It’s a right that you have healthcare or that you have a place to live. And when you start making these rights, you have to fulfill on that. And when you start making promises that you are going to pay someone a certain wage and you’re going to give them certain insurances, certain pensions, eventually, when times are good there is no problem but when times start to turn down, there is no way for you to possibly pay for those things.
This is where entitlement comes from.
Detroit officials bristle at UN visit, scolding over water shut-offs
http://www.foxnews.com/politics/2014/10/21/detroit-disappointed-in-uns-non-fact-finding-visits-about-water-shut-offs/
Detroit officials are fuming after two visiting United Nations lawyers scolded the city for cutting off water to delinquent customers and described the shut-offs as a “human rights violation.
The response follows a three-day visit to Detroit -- which desperately is trying to bail itself out of bankruptcy -- from two representatives with the U.N. Office of the High Commissioner for Human Rights.
Detroit officials have defended the decision, arguing that customers collectively owed more than $115 million in delinquent water-and-sewer department payments before the city took action and that their efforts are improving the situation.
They have done just an absolutely atrocious job of managing virtually every aspect of that city. Things have gotten so bad, they have gotten so bankrupt, that they are resorting to actually doing some things that they should have done, really, a long time ago. One of which is shutting off the water to people who do not pay their water bills.
What we have here is a grossly mismanaged city by a group of progressives who think they know better how to run everything.
Here’s the thing: You just can’t not pay for a service that’s not a human right.
It doesn’t work like that. Water being delivered to your house is not a human right. It’s a privilege. It’s a benefit. It’s a luxury.
Now I know many of you in America might not think of indoor plumbing as a luxury or a common convenience but it is. There are lots of people around the world who would love to not have to go out and pump water from a well and bring it to their home.
Snyder signs bill banning direct auto sales
http://www.detroitnews.com/story/business/autos/2014/10/21/snyder-tesla-direct-sales/17663891/
Gov. Rick Snyder on Tuesday signed a bill banning automakers from selling vehicles directly to customers in Michigan.
The new law closes a loophole that California-based Tesla Motors Inc. has used in other states to maintain company-owned retail stores, bypassing the dealership route.
It’s because of policies like this that they are bankrupt. With absolute power, there is a lot of corruption. Anytime you give government authority, you risk government corruption.
The law says that you cannot sell a vehicle direct to a consumer if you’re auto maker. You must sell through authorized franchises.
Now, why would they do that? Is that in the best interest of the consumer?
Absolutely not. You’re creating a middle man. You’re creating price hikes. You’re creating a barrier between the person who creates the products to selling to the person who wants to buy it.
It doesn’t benefit the consumer at all. And doesn’t benefit the auto company either because now they cannot be competitive.
Fed likely to end bond buying, may signal caution on rate hikes
http://www.reuters.com/article/2014/10/16/us-usa-fed-idUSKCN0I529T20141016
The Federal Reserve is likely to reassure investors later this month that it won't stand idle if global turbulence threatens the U.S. economy, but a proposal from one top policymaker to keep on buying bonds looks to be a bridge too far.
Mexican drug cartels are worse than ISIL
http://america.aljazeera.com/opinions/2014/10/isil-vs-mexican-drugcartelsunitedstatesislamophobia.html
The horrific rampage of the Islamic State of Iraq and the Levant (ISIL) has captured the world’s attention. Many Western commentators have characterized ISIL’s crimes as unique, no longer practiced anywhere else in the civilized world. They argue that the group’s barbarism is intrinsically Islamic, a product of the aggressive and archaic worldview that dominates the Muslim world. The ignorance of these claims is stunning.
While there are other organized groups whose depravity and threat to the United States far surpasses that of ISIL, none has engendered the same kind of collective indignation and hysteria. This raises a question: Are Americans primarily concerned with ISIL’s atrocities or with the fact that Muslims are committing these crimes?
For example, even as the U.S. media and policymakers radically inflate ISIL’s threat to the Middle East and United States, most Americans appear to be unaware of the scale of the atrocities committed by Mexican drug cartels and the threat they pose to the United States.
A recent United Nations report estimated nearly 9,000 civilians have been killed and 17,386 wounded in Iraq in 2014, more than half since ISIL fighters seized large parts on northern Iraq in June. It is likely that the group is responsible another several thousand deaths in Syria. To be sure, these numbers are staggering. But in 2013 drug cartels murdered more than 16,000 people in Mexico alone, and another 60,000 from 2006 to 2012 — a rate of more than one killing every half hour for the last seven years. What is worse, these are estimates from the Mexican government, which is known to deflate the actual death toll by about 50 percent.
Statistics alone do not convey the depravity and threat of the cartels. They carry out hundreds of beheadings every year. In addition to decapitations, the cartels are known to dismember and otherwise mutilate the corpses of their victims — displaying piles of bodies prominently in towns to terrorize the public into compliance. They routinely target women and children to further intimidate communities. Like ISIL, the cartels use social media to post graphic images of their atrocious crimes.
Apparently, yesterday’s episode was one of the most heated shows that we’ve ever done. We got a lot of comments, our first threat and a few people sending emails, telling me politely that I went over the line yesterday. And although they understand, they feel like I went too far.
So, naturally, I figured the best thing we could do was to continue the conversation today.
Actually, I want to clarify my position because we had two main issues of contention yesterday. The first one being the Michael Brown shooting and the second one being the minimum wage. And so I’d like to address those in much more detail today.
Just as a side note, there’s not a lot going on, the U.S. markets are showing up 60 to 70 points up already and this is a relatively slow news day in terms of whats happening.
In the stack, we’ve got some stuff about same sex marriage that’s going on, Obamacare cancellations, so there’s some stuff we can get into a little later.
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But first, I want to continue with the rest of this conversation.
Yesterday, we were talking about Michael Brown and I was talking about how he was a thug.
He was shot after trying to wrestle away a gun from a police officer and he’s now dead. I also might have said that there was no great loss there. And I got some emails from some folks who weren’t very happy with me.
And, what I want to make very clear is I did not make this about race. Never in my entire argument have I made the Michael Brown shooting about race. I have discussed ad nauseam how others have made it about race. But what I’ve said since the very beginning was ‘let’s look at the facts of the case’.
In fact, factually we know nothing. We don’t know what happened.
We know that there is a Black teen who’s dead. You can even take out the Black part and say there is a teen that is dead who was shot by a cop. I said let’s wait until the facts come out and yesterday, we looked at the facts as we know them. The FBI came in, they did a full forensic investigation, and from what we understand, we can start to put the pieces together.
I still don’t know whether or not Michael Brown should have been shot or not. All of the evidence suggests that a fight ensued in the police officer’s squad car, that Michael Brown was shot while wrestling with the officer in the car. That he got out, the officer pursued him, and he was shot several more times while facing the officer.
But in terms of my opinion about Michael Brown, this has nothing to do about race.
We know he was a thug. We have video tape of him not 15 minutes before he was shot committing robbery, robbing a local convenience store. The kid was not a saint.
He’s not somebody that was top shelf character. And I’m not going to have the argument and racist debate. This has nothing to do with race. It has to do with there was a young thug who robbed a convenience store and then later was shot.
The question is, what happened over the course of that shooting? And all of the evidence suggests that he was shot trying to wrestle away a gun from the officer.
Now, one might say, well you can’t trust what the FBI says.
They are the police. They are part of the problem so you can’t trust anything that they say.
Well, my response to that is, if you can’t trust anything, then nothing will ever be good enough. No amount of evidence, no amount of support, will convince you that Michael Brown shot in self defense. You can choose to believe that but recognize that you’re doing so in the face of overwhelming evidence against that fact.
What frustrates me more than anything, is the fact that I came in yesterday, presented you with the evidence, made my opinions based on that, made them known to you. And for some reason, I’m now looked at as the racist. If you are presented with overwhelming evidence, contrary to your belief about what happened, and you say it doesn’t matter. All that matters is that the kid was Black, the officer was White, and that’s all you need to know.
I submit to you, how racist do you have to be to think that way?
If all you see is the color of everyone’s skin, is that not racism?
You know, we’ve talked about Martin Luther King earlier on this show that was somewhat unrelated to this. I was more so talking about putting people into groups. And I said, Martin Luther King fought, ultimately died in support of his belief where he said ‘I have a dream that one day I will be judged not by the color of my skin but by the content of my character’.
Ladies and gentlemen, if you look into your heart, you need to ask yourself, am I judging this case on the content of his character?
Or am I judging this case by the color of his skin?
This has nothing to do with race. The only people making this about race are those folks who are so racist, who are so overwhelmed with the racial strife in America that they can’t see past the color of that officer’s skin.
We also got a comment after the show because I talked about Republicans and conservatives constantly being berated for their racial views. And I said, ‘this is utterly ridiculous’.
I got a comment on Tweet that said, I didn’t realize that it was a Republican that freed the slaves.
And I thought, how can that be? Maybe this individual is an immigrant or from another part of the world. But I thought, how poorly educated is our population? How brain washed are they to not understand the history of the Republican Party? And the history of conservatism?
Now, keep in mind, I am not a Republican. I’m a registered Republican just because I’m not registered Independent. I want to affect the conservative movement in America so I’m registered as a Republican. But I am a staunch Libertarian, which puts me at odds with the Republican Party on a lot of issues. It does not put me at odds with the issues of slavery. Or the issue of affirmative action. Or the issue of anti discrimination. That puts me squarely in the camp of conservatives, which is the right side of history.
And for those of you who don’t realize, for those of you who are African Americans, who have been supporters of the Democratic Party over your entire lives because you believe they are the ones looking after you, I just want to share with you some facts about the Democratic Party.
When the Civil Rights Act of 1964, which would end segregation nationwide came to Congress for a vote, a number of Senators threatened to filibuster that bill.
80% of the Senators that threatened to filibuster the Civil Rights Act were Democrats. In fact, only 63% of them actually voted for the Civil Rights Act in 1964, did you know this?
How did the Republican members of Congress vote concerning the Civil Rights Act of 1964? A total of 82% of Republicans in Congress voted to end segregation. You had more Republicans in Congress vote to end segregation in America than you had Democrats.
When they talk about desegregating the schools in the South, it was the Democrats that opposed the desegregation of schools. It was a Democrat Governor that opposed letting that girl who was standing with armed guards from entering that school.
I don’t care what you’re talking about, whether you’re talking about ending slavery, ending oppression, giving equality to all people, women suffrage, Democrats have been dragged kicking and screaming to it until they realize they can profit from it.
Until they realized that by telling those in the minority status that they can’t get ahead without help, that they need special privileges, that equality itself is not enough, they need special privileges, that people should be forced to accepted them. That you should be forced to get people access to college, whether they earn it on their merits or not.
It has become not about the content of my character, not about the merits of who I am as a human being but rather strictly on the color of my skin. And it is exactly what Martin Luther King opposed.
And just to finish up on this topic, you disagree with the way I present the argument. But you cannot disagree with the merits of the argument. The merit is sound. But sometimes the truth hurts.
I got a few not very kind comments on my YouTube Channel after yesterday’s show, that I was spreading lies and filth. I actually invited this individual on to the show to discuss the issue of socialism as it relates to the minimum wage. Check it out and join the conversation if you’d like to be heard on the issue.
Socialism cannot stand on it’s own merits. It’s a failure of an idea.
The idea of this wonderful utopia sounds great. It just doesn’t exist in real life. The laws of economics prevent it from working.
Not only that, personal psychology prevents it from happening.
But I spend yesterday’s episode tearing down the tenets of socialism and basically showing you why it’s such an idiotic concept, that you couldn’t possibly provide a guaranteed income to everyone because it requires you to guarantee something that’s in limited supply. Rationing must take place, whether prices do it or governments do it.
And all that we suggest, as Libertarians, as free market conservatives, is that the pricing model distributes and allocates it’s resources better than a government ever could. And there is no denying that. You cannot deny that. It is factually and historically proven.
Minimum Wage Madness by Thomas Sowell
http://townhall.com/columnists/thomassowell/2013/09/17/minimum-wage-madness-n1701840/page/full
Political crusades for raising the minimum wage are back again. Advocates of minimum wage laws often give themselves credit for being more "compassionate" towards "the poor." But they seldom bother to check what are the actual consequences of such laws.
One of the simplest and most fundamental economic principles is that people tend to buy more when the price is lower and less when the price is higher. Yet advocates of minimum wage laws seem to think that the government can raise the price of labor without reducing the amount of labor that will be hired.
As for being "compassionate" toward "the poor," this assumes that there is some enduring class of Americans who are poor in some meaningful sense, and that there is something compassionate about reducing their chances of getting a job.
Most Americans living below the government-set poverty line have a washer and/or a dryer, as well as a computer. More than 80 percent have air conditioning. More than 80 percent also have both a landline and a cell phone. Nearly all have television and a refrigerator. Most Americans living below the official poverty line also own a motor vehicle and have more living space than the average European -- not Europeans in poverty, the average European.
Why then are they called "poor"? Because government bureaucrats create the official definition of poverty, and they do so in ways that provide a political rationale for the welfare state -- and, not incidentally, for the bureaucrats' own jobs.
When you increase the minimum wage, what you do is you make it very difficult for anyone with low skills or no skills to enter the workforce because if that skill set does not offer at least what the minimum wage demands, then that worker simply won’t be hired.
When the minimum wage standard is raised, in order to compensate for that, what ends up happening is prices go up, we get price inflation. That price inflation, in turn, wipes out any advantage that was given to that lower wage worker.
Minimum wage jobs, entry level jobs are designed to be just that, entry level, to allow you to build your skillset, to allow employers to hire very cheap labor and then skill them up.
Make sure you don't miss my rant about how the minimum wage hurts us all and leads to generational poverty as well as an entitlement attitude.
Christian Chapel Owners Were Reportedly Threatened With Jail Time and Fines For Refusing to Marry Gays — and Now They’re Fighting Back
http://www.theblaze.com/stories/2014/10/20/ordained-ministers-who-refuse-to-marry-gay-couples-in-their-chapel-are-fighting-back-after-reportedly-being-threatened-with-fines-and-jail-time/
Two ordained ministers have filed a federal lawsuit and are seeking a restraining order to prevent local officials from forcing them to marry same-sex couples, saying they have been threatened with fines and possible jail time over their refusal.
Donald and Evelyn Knapp, owners of Hitching Post Wedding Chapel in Coeur d’Alene, Idaho, are being represented by the Alliance Defending Freedom, a conservative legal firm, claiming that city officials told them that they are required to conduct gay marriages under a nondiscrimination ordinance.
If they do not, the Knapps say, that they could “face months in jail and/or thousands of dollars in fines, according to a press release from Alliance Defending Freedom. The firm said the couple could face up to 180 days in jail or $1,000 in fines for each day they refuse.
Welcome back everyone, it’s Monday. Thank you so much for being here, this is The Live Show with Jason Stapleton broadcasting from the heart of America.
Dow futures showing down 100 points as we get ready to start this week.
Nevertheless, the question is ‘Are we going to see more downside or not?’
Well, the market is sitting at a structure support level at around 16 4 and at that sixteen 4 level is going to be the critical level. The question is ‘Do we continue to see a rally here or do we just see the market reverse over again and make new structural lows?’
My gut tells me this rally is not finished yet, that we're not going to get a one day rally followed by additional decline.
As I’ve said previously, I think that sentiment has somewhat shifted here but I do think that a stronger rally is in order before we see the next leg down. Keep in mind, I am bearish over the long term but here on the shorter term, there is a question as to whether or not this is going to be the tipping point. The structure level at 16 4 has to be respected but since I’m already in the long, I’m in the position, I’m going to let my options play out for a little while here, I have a long time until expiration. So I have a little bit of time.
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So, moving on: Quick Ebola News
First of all, there is no ebola epidemic. Second of all, there is no update. So, that will do it for ebola. It’s still not a threat, still not a concern, still not an epidemic.
Authorities say Michael Brown’s blood found on gun, inside police car
http://www.washingtonpost.com/politics/authorities-say-michael-browns-blood-found-on-gun-inside-police-car/2014/10/18/577e1a9a-56f2-11e4-ba4b-f6333e2c0453_story.html
We have new evidence in the Michael Brown shooting and what actually transpired when he met the police officer who ultimately fatally shot him. The struggle that went on and the actual back and forth that happened, we now have forensic evidence back from the FBI that gives us an insight into what actually transpired.
Who’s telling the truth and who’s not telling the truth?
Prior to that, that hasn’t really stopped those antipolice advocates and those who are spreading hate and discontent. We didn't really know what happened prior to the FBI report. We had conflicting eyewitness reports, a bunch of speculation and I've always said, wait until the investigations are done and all the pieces are put together.
But that didn't stop Ferguson residents from going out and immediately starting to riot, burning down their own town, destroying their own convenience stores, basically taking the good that existed in their community and burning it to the ground all for the sake of avenging Michael Brown's death when they had no real idea what had actually happened.
To them, it didn't matter. The facts of the case didn't matter. And the facts of the case still don't matter. When we take a look at this new evidence, it's not going to make any difference.
But rest assured, there are those with political leanings who want nothing more than to use Michael Brown to advance a political agenda.
Vest Or Vote
https://www.youtube.com/watch?v=E2ZbHNKd7gQ
Dream Defenders, a liberal group, warns Blacks that if you don't vote, you'll need a bulletproof vest because otherwise you'll get shot by the police.
This is a Dream Defenders ad designed to get Black voters out to the voting booths to vote Democrat because if you vote Republican, you're just voting to get your Black kids killed.
If this is not just despicable, then I don't know what is.
To suggest that if you vote conservative, if you don't vote Democrat, that you're somehow killing Black children is just wrong.
The Black community overwhelming votes Democrat despite the fact that Democrats have not helped them pull themselves out of poverty
The Democrat Party has been on the wrong side of the Black debate since the Civil War. They were against ending slavery, against ending segregation, against desegregation of schools, against nearly every single advance that we've made towards equality.
And now they've swung all the way to the other end where now there needs to be special privileges to be involved.
But let's take a look at where the facts are instead of videos that pulls at your heart strings.
BLOOD ON THE GUN: Michael Brown Was First Shot Inside Darren Wilson’s Police SUV
http://bearingarms.com/blood-gun-michael-brown-first-shot-inside-darren-wilsons-police-suv/
Michael Brown, a man the size of an NFL lineman, violently robbed a store minutes before he was shot after allegedly attacking a police officer.
According to the New York Times, the FBI’s investigation into the shooting of Ferguson, Missouri strong-arm robbery suspect Michael Brown by police officer Darren Wilson has concluded that there will not be a federal civil rights case. The standard for filing charges in such a case is evidence showing that Wilson willfully violated Brown’s civil rights, and no such evidence exists.
The FBI investigation also revealed forensic evidence that suggests the battle in Wilson’s police vehicle was even more fierce than previously known.
Watch What Happens When a Citizen Pulls Over an Unmarked Cop Car and Tells the Police Officer He’s Breaking the Law
http://www.theblaze.com/stories/2014/10/18/watch-what-happens-when-a-citizen-pulls-over-an-unmarked-cop-car-and-tells-the-police-officer-hes-breaking-the-law/
“Hey the reason I stopped you is I saw this car was unmarked, Seim asks the officer. “Is this a registered unmarked vehicle for undercover work?
When the officer said it was a patrol car, Seim whipped out his legal knowledge.
“OK, you’re not allowed to have patrol cars that are unmarked, are you aware of that? he said, before citing the relevant law.
Washington state law allows police to use unmarked vehicles for special undercover work, but not for regular patrols.
I am a huge proponent of holding police officers accountable. There are far too much leniency given to those who have so much power and authority.
This story coming out of Washington state is unnecessary. It presents the wrong image.
But in Michael Brown's case, there is no evidence whatsoever that the cop acted anything other than within the confines of the law and yet still we got people raising hell, demanding the officer be sent to prison.
Socialist Group Pushes for $20 Minimum Wage — There’s Just One Incredibly Ironic Problem
http://www.theblaze.com/stories/2014/10/17/socialist-group-pushes-for-20-minimum-wage-theres-just-one-tiny-problem/
The Freedom Socialist Party, a group that has urged lawmakers to increase the minimum wage to $20 an hour, faced a chorus of criticism this week from opponents who say it’s hypocritical the organization won't even pay their own employees the amount they deem a fair wage.
“Raise the minimum wage to $20 an hour, the party’s official 2012 platform advocates. “Provide a guaranteed annual income. Free medical care for all, including reproductive services and abortion.
Yet, a Craigslist listing uncovered by Reason Magazine lists compensation for a part-time “Web Content Manager position at $13.00 an hour, noticeably lower than the $20.00 minimum wage the group campaigns for.
I want to actually use this as a teachable moment. I want to try to present you with evidence that's going to empower you with your arguments towards those folks who would say 'we need a $20/hour minimum wage for every single person in America.'
Basically, the Freedom Socialist Party offers utopia. Simply come and join our party and support our drive for utopian society.
Here is my question for the Freedom Socialist Party: If your goal is to provide a guaranteed income to all Americans, why do you even offer a wage at all?
Shouldn't you be required to give a job to anyone who comes to you?
If your platform is to guarantee everybody a job, then shouldn't you have to give somebody a job? And shouldn't you have to pay them whatever that they need?
Now the response to this from the Freedom Socialist Party is that's government's responsibility. The problem is, the government is you. Government is you and I. The government cannot provide one benefit that it does not take or tax from someone else.
What should be happening here is if you're going to say everyone is guaranteed an income and a job, then that means someone has to supply that job.
And this goes to the core tenets of economics. Economics is the study of scarce resources which have alternative uses. It's the study of the cause and effect of how people interact with goods based on supply and demand and ultimate, who makes those decisions.
Does centralized government make those decisions or do individuals make those decisions?
And what causes the greatest amount of wealth and prosperity, what economic conditions provide that?
Because, economics is not about individual wealth, it's about the wealth of an economy. And people who learn how to economize wealth have a greater chance to have more prosperity on the whole than people who do not.
So the question of economics is: how do we best allocate scarce resources?
Where the jobs are: The new blue collar
http://www.usatoday.com/longform/news/nation/2014/09/30/job-economy-middle-skill-growth-wage-blue-collar/14797413/
Joseph Poole will make more than $100,000 in wages and overtime by the end of the year.
The 21-year-old works in what looks like NASA's mission control, monitoring the manufacturing process at Chevron Phillips petrochemical plant in Houston. Poole didn't get the job with the engineering degree he originally considered. Instead, Poole landed it with a two-year course at a local community college.
"The potential to make just as much money as an engineer, but for half the cost of the education, was here," Poole says. "Just seeing firsthand how things are made is something I really enjoy doing."
By 2017, an estimated 2.5 million new, middle-skill jobs like Poole's are expected to be added to the workforce, accounting for nearly 40% of all job growth, according to a USA TODAY analysis of local data from Economic Modeling Specialists Intl. and CareerBuilder.
Not all pay as much as Poole's, but all pay at least $13 an hour; many pay much more. These jobs require some training but far less school than a bachelor's degree. Technology has given many a makeover, leaving them worlds away from their assembly-line predecessors and challenging the notion that good blue-collar jobs are dead and that the only path to a good career is a four-year degree.
One of Jason's favorite books:
The Richest Man in Babylon
http://www.amazon.com/The-Richest-Babylon-George-Clason/dp/0451205367
http://en.wikipedia.org/wiki/The_Richest_Man_in_Babylon_(book)
Union enrollment plummets for Wisconsin teachers under tough law
http://www.foxnews.com/us/2014/10/19/one-third-wisconsin-teachers-have-dropped-union-since-gov-walker-ended/
Teachers in Wisconsin's public schools have learned a major lesson from the state's landmark 2011 law neutering public sector unions, with more than a third dropping out of their labor organization.
Given no choice but to join and pay dues to the Wisconsin Education Association Council (WEAC) for decades, teachers have for the last three years been able to opt out. And that is what tens of thousands have done as a result of Gov. Scott Walker’s Wisconsin Budget Repair Bill, also known as Act 10.
“Given the evidence, it shows that the union's hold is softening," Patrick Wright, vice president of legal affairs for the Mackinac Center for Public Policy, told FoxNews.com
We'd like a moment to thank some of our Patreon Sponsors of the show.
http://theliveshow.tv/sponsors/
Sid Brooks
Blair Day
Ken Wright
Tim Hyder
A message from Jason Stapleton:
I’d like to take just a moment and personally thank each one of our sponsors, without which this show would not be possible. This show is very special to me. It has been a dream of mine for several years and now the vision has become a reality. Your support both moral and financial means the world to me. From the bottom of my heart, Thank you. -Jason
It is Friday! Welcome back to The Live Show, broadcasting live in the Heart of America.
Aren’t we all tired of talking about ebola? I’m getting tired of it but we still have a few things in the stack, which I’ll get to a little bit later.
Have you ever been to ikea?
The entire store is designed to keep you in there as long as humanly possible, to make sure that you don’t miss anything the store has to offer. It’s built like a maze.
I recently went to get new desks for the office now that a new store has opened in Kansas City.
Adventures in buying furniture, across 3 football fields of warehouse space and more.
And why I have a huge respect for my own time.
Time is something that you do not get back as a human being. Every single minute of the day that goes by is a minute that you don’t get back.
That’s why I work so hard on this show because I value the fact that you are giving me the most valuable resource that you have which is your time.
And so as I’m winding my way through the new ikea store, the whole time I’m thinking to myself ‘I’m wasting so much time. I could be home right now, I could be working on something else, I could be eating ice cream.’
If you would like to email Jason and discuss anything on the show, email him at Jason@TheLiveShow.TV
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Biden's son discharged from Navy after reportedly testing positive for cocaine
http://www.foxnews.com/politics/2014/10/17/biden-son-discharged-from-navy-after-reportedly-testing-positive-for-cocaine/
The son of Vice President Joe Biden says he is “embarrassed after being discharged from the Navy Reserve earlier this year --- reportedly after testing positive for cocaine.
The Wall Street Journal, citing people familiar with the matter, reported Thursday that Hunter Biden’s short-lived military career ended because he failed a drug test after reporting to his unit in 2013. According to the Wall Street Journal, the Navy discharged him in February of this year.
You always know when you have to report to duty.
So Hunter Biden knew exactly where he was suppose to go and when he was suppose to be there.
And he is either such a habitual cocaine user that he couldn’t get the coke out of his system, or he couldn’t stop using, or he’s such an idiot that a day or two before he had to go show up for reserve duty, he decided he was going to go out to do cocaine.
Political correctness run amuck.
Houston Mayor Backs Off From Subpoenas to Pastors
http://www.breitbart.com/Breitbart-Texas/2014/10/15/BREAKING-Houston-Mayor-Backs-Off-From-Subpoenas-to-Pastors
'Gender inclusive' school district says drop 'boys and girls,' call kids 'purple penguins'
http://www.foxnews.com/opinion/2014/10/09/gender-inclusive-school-district-says-drop-boys-and-girls-call-kids-purple/
You are not going to want to miss today’s episode as Jason explains why recent political correctness events such as these are simply liberal and social ideals that are being perpetuated.
What they are attempting to do is, at a very young age, socially engineer children to remove their individual self worth.
You want to know why I know? Because this is exactly what they do in the military.
They shave your head, they give you the same uniforms, to strip you of your individuality and breed you into the collective.
That is exactly what is happening.
Shepard Smith: 'Do Not Listen To The Hysterical Voices' In The Media About Ebola
http://www.huffingtonpost.com/2014/10/15/shepard-smith-ebola_n_5992510.html
"You should have no concerns about Ebola at all. None. I promise," stated Smith. He went on to tell viewers, "Do not listen to the hysterical voices on the radio and the television or read the fear-provoking words online. The people who say and write hysterical things are being very irresponsible."
He explained: "We do not have an outbreak of Ebola in the United States. Nowhere. We do have two healthcare workers who contracted the disease from a dying man. They are isolated. There is no information to suggest that the virus has spread to anyone in the general population in America. Not one person in the general population in the United States."
Smith stressed, "I report to you with certainty this afternoon that being afraid at all is the wrong thing to do." He called media-stoked Ebola panic "counterproductive", saying that it "lacks basis in fact or reason."
"Someday there may be a real panic. Someday, something may start spreading that they can't control. And then, do you know what we're gonna have to do? We're gonna have to relax and listen to leaders. We're not gonna panic when we're supposed to and we're certainly not gonna panic now. We have to stop it.
Obama Addresses Idea of Travel Ban Amid Ebola Crisis — Here’s Why He Doesn’t Think It’s a Good Idea
http://www.theblaze.com/stories/2014/10/16/obama-addresses-idea-of-travel-ban-amid-ebola-crisis-heres-why-he-doesnt-think-its-a-good-idea/
“I don’t have a philosophical objection necessarily to a travel ban if that is the thing that is going to keep the American people safe, Obama said. “The problem is that in all the discussions I’ve had, thus far, with experts in the field … is that a travel ban is less effective than the measures we are currently instituting.
“If we institute a travel ban instead of the protocols we put into place now, history shows that there is a likelihood of increased avoidance, the president said. “People do not readily disclose their information, they may engage in something called broken travel — essentially breaking up their trip so that they can hide the fact they have been to one of these countries were the disease is in place.
“And as a result, we may end up getting less information about who has the disease, they are less likely to get treated properly, screened properly, quarantined properly, and as a consequence we may end up having more cases rather than less, Obama added.
Well, I said it! Dow drops, wipes out 2014 gains. Gone.
Thanks a lot Obama!
Because it has to be Obama's fault? It was Bush's fault before right?
When the economy tanked last time, it was Bush's fault. Now everything that we made in 2014 is wiped out. It's gotta be Obama's fault.
And this is how much you need to watch this show because we predicted this a week ago. We knew this was coming. Before anybody was talking about sentiment shifts, I was talking about it on this show.
We'd like a moment to thank some of our Patreon Sponsors of the show.
http://theliveshow.tv/sponsors/
Sid Brooks
Blair Day
Ken Wright
Tim Hyder
A message from Jason Stapleton:
I’d like to take just a moment and personally thank each one of our sponsors, without which this show would not be possible. This show is very special to me. It has been a dream of mine for several years and now the vision has become a reality. Your support both moral and financial means the world to me. From the bottom of my heart, Thank you. -Jason
The fall of the stock market
There's a lot of stuff going on in the Eurozone right now.
France is bucking the European Union's demand to stay within a budget. It's continuing to run large deficits that it refuses to cut back on.
There is massive concern of deflation in the Eurozone and there's talk from the U.S. that's trying to push the European Union into taking on and doing more stimulus in order to support their economy.
To the layman, they would look at what happened in the U.S. and what happened in the Eurozone and they would say to themselves: well, because we did all of the stimulus in the U.S., that's why the economy has come roaring back.
That's why we haven't suffered as greatly as the European Union has because the E.U. has taken one of austerity. One that has cut back on our debt. And because of those two, that's why there's such a wide disparity between the United States and the European Union.
And unfortunately, that is not the case.
When we dig a little bit deeper, what we find is that that was in fact not what was going on. There were much deeper issues in the Eurozone. Europe is a much bigger problem. That they have much more to worry about than the United States does.
And there are a variety of reasons for that and so I'm going to talk about that with you today and talk a little bit about what they can do to fix it. And really about the flawed economic policy that we've taken here in the United States.
Last Wednesday, if you were watching this show, you not only knew that the market was tanking, that the market was getting ready for a collapse, but you would have known exactly what you needed to do.
Clip from last Wednesday:
So, what do we got going on today? Well first of all, if we take a look, what did I tell you yesterday? I said 'be careful! This market is volatile! I said, this is going to be a critical day. I think we've got more downside. This is not a time where I want to be investing in the market. Why? because I think we're due for a 10% to 15% correction at the least.
One of the things that I was able to derive from the news that was coming out and the reaction of the market to specific news events is I believe that a sentiment shift had happened.
That no longer was the market looking to buy the dips but rather, we were in a position now where we were going to end up in a bad way, where people were going to take money off the table.
And sure enough, what have we seen over the last several days? We've seen the largest decline in 4 years. We've seen the 2014 gains wiped out. And the S&P yesterday was down around 9%.
I still think, this is what I believe, I'm looking for that opportunity to take the short position. I still believe that we're going to see a rally. I think the rally may take 3 days, it may take 7 days. But I think that we're going to get a relief rally.
If I'm right, if sentiment has truly shifted, if there is still a concern, then it's time to start thinking about areas to get short on. I'm going to start looking at rallies as ways to start taking money out of the market and put it on the sidelines.
Now, I may be totally wrong about this entire thing. But recent history would say otherwise. And so I would caution you all, I would say to you what I said last week and the week before that, and that is I think that we're coming to the end of it. I think we're coming to a tipping point where we're going to see a significant decline.
I've said it before but I'll say it again: the market is nothing more than a collection of men and women pursuing their own individual self interest.
What does that mean?
It means that they are all looking after themselves, looking after #1. And unfortunately, the psychology typically runs in groups, in herds. If one guy gets bearish then another guy gets bearish and it tends to build up on itself and then, in a bullish economy, it becomes euphoria.
But ladies and gentlemen, as I've been saying for a long time, the U.S. economy is not in very great shape.
Make sure you watch or listen to the rest of Jason's analysis on the problems the U.S. economy has and why the European Union is taking a different tact that will make them far more successful in the long run.
If you would like to email Jason and discuss anything on the show, email him at Jason@TheLiveShow.TV
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What a Texas City Is Demanding These Pastors Do With Their Sermons About Homosexuality
http://www.theblaze.com/stories/2014/10/15/a-witch-hunt-houston-govt-subpoenas-pastors-sermons-as-battle-over-equal-rights-ordinance-heats-up/
The battle over a controversial equal rights ordinance is heating up in Houston, Texas, with revelations that the city has subpoenaed church sermons, among other documentation, from five local faith leaders.
Officials have requested that these preachers deliver communications that have focused on homosexuality or the contentious equal rights ordinance, which these individuals have fervently opposed.
The subpoenas, which were issued last month, seek, “all speeches, presentations, or sermons related to HERO, the Petition, Mayor Annise Parker, homosexuality, or gender identity prepared by, delivered by, revised by, or approved by you or in your possession, according to the Houston Chronicle.
City of Houston demands pastors turn over sermons
http://www.foxnews.com/opinion/2014/10/14/city-houston-demands-pastors-turn-over-sermons/
The city of Houston has issued subpoenas demanding a group of pastors turn over any sermons dealing with homosexuality, gender identity or Annise Parker, the city’s first openly lesbian mayor. And those ministers who fail to comply could be held in contempt of court.
“The city’s subpoena of sermons and other pastoral communications is both needless and unprecedented, Alliance Defending Freedom attorney Christina Holcomb said in a statement. “The city council and its attorneys are engaging in an inquisition designed to stifle any critique of its actions.
Reading this had my head on fire. It's absurd. This is pushing the bounds of political correctness to the absurdity. And I'm sick of political correctness. This just borders on stupidity.
This is a freedom of speech issue. This is a government that's suppose to be there to protect the people. They're actively going out there to try to silence the opposition by requiring them to turn over documents that they don't have to.
The government has no right to step in and confiscate and demand to turn over that information. They're not accused of a crime, they're not part of a lawsuit. Nothing. They're just a bunch of pastors who object to this politically correct ideology that's constantly being spread.
This is just the latest instance of a government that seeks to silence it's opposition.
Teachable Moment: The only way to get over a debt crisis is to eliminate the debt, not shift the debt.
Now, that requires pain.
The deflationary cycle: Either reduce government spending or reduce consumer spending leads to increased savings and debt reduction. This is exactly what we want.
In a normal economy, this is a good thing. What it will mean is that well run companies who have good profit margins and have run their companies well will end up surviving. Companies not run well will end up going out of business. And that market share will end up getting absorbed by companies that are running good businesses. And you'll see that companies that ran their companies well, that saved, had good cash flows, will have the benefit of not only of a reduced competition but also of increased demand of their products and services.
What's happening right now is that we're not allowing this deflationary cycle to take place. You saw consumer spending starting to pair back, people saving more because we had a negative savings rate in America going into 2008 and 2009 decline. Then savings rates increased.
But we didn't see a massive decline in the economy mainly because the government stepped in and absorbed all of that reduction in spending by borrowing money.
Don't miss Jason's complete analysis on what the government is really trying to do.
Coming up: Kansas City Royals may be going to the World Series! Dr. Nancy Snyderman thinks ebola quarantine protocols are beneath her.
The Dow simply takes a nosedive. Crude oil tanks as well.
All that and more on The Live Show with Jason Stapleton.
Dr. Nancy Snyderman spotted at New Jersey restaurant during Ebola quarantine, draws health department crackdown
http://www.nydailynews.com/news/national/dr-nancy-snyderman-spotted-n-cafe-ebola-quarantine-report-article-1.1972199
The NBC News Chief Medical Editor Nancy Snyderman goes to Liberia to report on the happenings there on ebola and she's dressed up in the full suit and everything, dragging her cameraman all around there. She comes back and one of her cameramen tests positive for ebola. Once the cameraman came down with ebola, they go on a mandatory quarantine to prevent spreading it around.
The story is that Nancy Snyderman decides that she doesn't have to obey the rules. They don't apply to her and that the mandatory quarantine is just too taxing on her. And that she wants some soup.
So she and another member of her crew who are suppose to be in a quarantine end up hoping into a car and driving out to their favorite restaurant to pick up a bowl of soup. She gets discovered and it turns out she has violated her quarantine in order to get soup.
Don't you think a doctor would know better and that Dr. Nancy Snyderman could get somebody else to get her some soup?
This is borderline criminal. It's like having sex with people knowing that you have HIV/AIDS. She's a medical doctor, knowingly putting people at risk, she knows the risks. And to go out and purposely put herself out there for a bowl of soup, I think there is a strong case for a criminal charge here for gross negligence.
Ebola could hit 10,000 cases per week in Africa; U.S. steps up response
http://www.usatoday.com/story/news/nation/2014/10/14/ebola-print-main-15/17267617/
The scare, the pandemic threat continues.
If you would like to email Jason and discuss anything on the show, email him at Jason@TheLiveShow.TV
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Stocks nosedive as Wall Street briefly touches 8-month lows
http://www.usatoday.com/story/money/markets/2014/10/15/stocks-wednesday/17292363/
Stocks dropped sharply Wednesday as investors grappled with yet another day of wide market swings and intensified angst over the softening global economy, slowing corporate earnings growth and the spread of the Ebola crisis.
Wall Street's early plunge briefly erased the broad market's major indicators for the year. By 12:30 ET., the Dow, down 370 points shortly after opening, was off 302 points, or about 1.8%, to 16,019. The Nasdaq was down 1.6% to 4,161 after a 2% early slide that briefly put the tech-laden composite index in 10% correction territory. The Standard & Poors 500 - off more than 2% in early trading - was down 1.9% to 1,842, near its low for 2014. Behind the carnage: Weaker-than-expected economic data in the U.S., fresh Ebola fears and continued concerns over a growth slowdown in Europe and Asia unnerved investors.
There is a risk of a slowing economy but I think this has to do more with the ebola deal than anything else, which I believe is an irrational fear then I ought to be buying people who are selling that irrational fear.
Crude oil tanks again, drowning oil producer stocks
http://americasmarkets.usatoday.com/2014/10/14/crude-oil-tanks-again-drowning-oil-producer-stocks/
Benchmark West Texas sank 4% to $82.32 a barrel – a 28-month low – while Brent Intermediate lost 3.4% to $85.12, a fresh four-year low. The slide came after the International Energy Agency cut its outlook for oil demand growth by more than 20% while reporting that September oil production had jumped.
“It’s really a perfect storm or negativity, says Nasdaq energy analyst Tamar Essner. “There’s a lot of data that’s really bearish – the strengthening dollar and the sense that Saudi Arabia is not going to cut production to support prices. It seems like the market is trending lower from here. It doesn’t seem like were bottoming.
I have a teachable moment about crude oil and I would like to explain the cause and effect. A good economist will tell you there are good choices and bad choices in political decisions. But in terms of a free market, there are only choices, there not good choices and bad choices. For example: let's take crude oil for a moment. At close to $100 a barrel, massive amounts of people making big bucks and also investing massive amounts of money into new technology. Higher oil prices allow these companies to go out and extract oil at a higher price.
A theory of what's happening right now is we're in a situation where there is a lot of drilling going on here in the United States on private land. And that's causing us to purchase less and less Middle Eastern oil. So, now you have the OPEC nations looking at this saying 'we're going to continue to drive prices lower. We're not going to slow down production, we're not going to stop what we're doing, we recognize there is an abundance of oil in the market and we're just going to keep pumping in order to drive prices down.'
Now, why would they do that?
The theory is, by doing that, once oil gets below about $75 to $80 a barrel, it's no longer profitable to drill using some of the new technology that we have here in the United States. We need oil prices above that level to do so. In order to maintain the monopoly that they have, OPEC needs to drive prices lower. See how competition works?
Prices get really high and then what happens? We get more people flooded into the market because it becomes profitable and we begin to get an abundance of oil in the market. Now, if you want to maintain your monopoly in that free market economy, what are you going to have to do? Well, you're going to have to drive your prices down. You're going to have to continue to produce more and more. You're going to have to sell it at a cheaper price in order to maintain that stranglehold.
That is not a bad thing. It does nothing but help the consumer. You, the everyday man, benefit from monopolies in a free market because if there is a monopoly that exists in the free market, it's because they're selling something at absolutely the cheapest price possible. No one else can produce the level of quality products and quality services at that price. If they could, they would beat them. And they would be competing.
So, in a truly free market, any monopoly that does exist is a net benefit to the consumer.
Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell
http://www.amazon.com/Basic-Economics-Common-Sense-Economy/dp/0465002609
Basic Economics is a citizen’s guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.
One of the very best books you can read if you're interested at understanding this concept of applied economics. This book is about how economic decisions affect people in the real world by using real world examples. It's a phenomenally good book.
The best book on economics I've ever read because it drives home 'what happens when you apply rent control?' 'what happens when you apply minimums or maximums on what people can sell products for?' All of these do gooder things that the government spends time doing under the guise of protecting the people. Every interference that they have on the free market, into your life, into how you buy or sell, how you promote, how you produce your products, ultimately has a negative impact on the economy.
Pa. boy, 10, to be tried as adult in death of 90-year-old woman
http://triblive.com/state/pennsylvania/6964345-74/kurilla-woman-virbitsky#axzz3GAJaY2xl
A 10-year-old boy apparently angry that a 90-year-old woman yelled at him held a cane against her throat and repeatedly punched her, killing her in her bed, prosecutors said.
The boy, identified as Tristen Kurilla of Damascus Township by the Wayne Independent newspaper, was being held without bail Tuesday, charged as an adult with criminal homicide in the death of Helen Novak, a woman who was being cared for by his grandfather, Anthony Virbitsky.
The prosecutor said the crime of criminal homicide is excluded from juvenile law, requiring that Kurilla be charged as an adult.
“The family is obviously an emotional wreck, Brown said.
Broadcasting from the very ebola free studios here in the heart of America.
Huge day yesterday in the markets. Just a massive day! I think we've got more downside.
This is my personal opinion. I think we are going to see a rally for maybe 4 to 7 days and that rally will probably take the Dow back up to 16,7s to 16,8s.
And I think at that point, we will see a collapse. I think the market is just going to dive.
And we may be sitting on at that point a massive selling opportunity of recent history, since 2008.
Watch closely today because I would not be surprised to see the start of a 3 to 7 day rally today.
So, we'll keep an eye on that and I'll update you over the course of the week as to whether I was right or I was wrong.
But I've been dead on with this market over the last couple of weeks.
The government hates monopolies for your benefit, as always.
Monopolies are never good, they say, because it's not right that you only have one choice. We need to have multiple choices but not too many choices because too many choices cause us stress and anxiety and all kinds of things that nobody likes. So we need more choice but not too many choices is the rationale they have.
We discussed on Friday that a monopoly cannot exist in a free economy as a permanent state of being. Meaning that, you cannot have a monopoly that's untoppable. You cannot have a company that is so large, that is so powerful, that it can squash all of its opponents and then control the entire market without some sort of government intervention.
The only way that a monopoly is allowed to exist is if there is simply no competition.
Monopolies are not an issue. The only issue is when that company controls through legislation is given an unfair advantage to compete in the marketplace.
There is no way for a monopoly to exist in a free market economy unless they are offering the absolute highest quality product at the lowest possible market value.
More Speedy Google Fiber Coming? Cox Goes Gigabit
http://news.investors.com/technology/101314-721487-google-fiber-expansion-expected-cox-launches-gigabit-service.htm
Google's gigabit gambit could soon rattle more of the nation's broadband service providers.
The Internet giant is expected to announce by year-end the expansion of its high-speed broadband Internet service into more U.S. markets. Google (NASDAQ:GOOGL) has been in talks with 34 cities and suburbs in nine U.S. markets to expand its Google Fiber service, which provides Internet access at speeds of 1 gigabit per second (Gbps). That's roughly 100 times faster than what most U.S. households get on average.
Google has already built out fiber-optic networks in parts of Kansas City, Mo., Kansas City, Kan., Austin, Texas and Provo, Utah. The company is in talks with governments in Phoenix, Portland, Ore., San Jose, Calif., Salt Lake City, San Antonio, Nashville, Tenn., Atlanta and North Carolina's Charlotte and Raleigh/Durham.
The cost savings is massive. What's happening is Google is that thing. They are looking at the marketplace and seeing the bad quality of service out there. They are laying down their own fiber lines, offering a better product and will potentially break the monopoly current providers have right now.
The monopoly that Time Warner, Cox, Comcast have had in their respective areas is now under fire because Google is on it's way in.
Look at what competition does. If you leave the free market alone, the free market will take care of itself.
If you would like to email Jason and discuss anything on the show, email him at Jason@TheLiveShow.TV
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AP Exclusive: California Gives No-Bid Health Pacts
http://abcnews.go.com/US/wireStory/ap-exclusive-california-bid-health-pacts-26137734
California's health insurance exchange has awarded $184 million in contracts without the competitive bidding and oversight that is standard practice across state government, including deals that sent millions of dollars to a firm whose employees have long-standing ties to the agency's executive director.
Let me explain to everybody what a no bid contract is to anybody who doesn't know. A no bid contract is nothing more than the government selecting who they're going to have do the work and then saying, bill the government whatever you want.
The government is going to have problems when you try to do a merger between Time Warner and Comcast because they are worried about you, the American people, and having enough free choice and not creating monopolies in our free market system. Yet, every single day, the government creates monopolies for companies through no-bid contracts.
The hypocrisy in our government is unmatched.
Mexico Protesters Torch Local Government Headquarters
http://time.com/3504606/mexico-protesters-torch-local-government-headquarters/
Enraged teachers and students demand the return of 43 students who disappeared after a gang-connected police attack on Sept. 26
Protesters looted and burned part of the government headquarters in Mexico’s Guerrero state during demonstrations demanding the return of 43 students who have been missing since a gang-connected police attack a few weeks ago.
No injuries were reported as the invading group of teachers and students allowed workers to leave before torching the complex, but five teachers and two police officers have been wounded in previous clashes between protesters and police, Agence France-Presse reports.
The real purpose behind this discussion is that most of the people who are protesting in Ferguson did not care one iota about Michael Brown. They saw it as an excuse to rob, cheat, and steal. And its the same in South St. Louis. They don't know any idea about the facts of the case and they don't care. All they care about is being out there to protest their ideology and demand justice.
President Obama Urges More ‘Robust Commitments’ to Combat Ebola
http://www.voanews.com/content/president-obama-urges-more-robust-commitments-to-combat-ebola/2482971.html
U.S. public health officials are “rethinking the way they address effective Ebola infection control following the first U.S. case of the deadly virus in Texas.
Speaking with U.N. Secretary-General Ban Ki-moon by phone, Obama agreed on the need for more “robust commitments and rapid delivery of assistance to West Africa “to stop the epidemic at its source.
Ebola Is Coming. A Travel Ban Won't Stop Outbreaks
http://www.forbes.com/sites/jvchamary/2014/10/13/ebola-travel/
Simply put: you can’t seal the country. If you blocked air travel, it would force desperate individuals to use alternative routes – over land and sea – to escape the epidemic. They’ll still end up in the US, except you won’t know where.
An attempted travel ban would be like locking yourself in a cabin on a sinking ship and praying the flood doesn’t seep through the gaps, and that the water pressure won’t be enough to burst through the door.
CDC Chief: Why I don't support a travel ban to combat Ebola outbreak
http://www.foxnews.com/opinion/2014/10/09/cdc-chief-why-dont-support-travel-ban-to-combat-ebola-outbreak/
A travel ban is not the right answer. It’s simply not feasible to build a wall – virtual or real – around a community, city, or country. A travel ban would essentially quarantine the more than 22 million people that make up the combined populations of Liberia, Sierra Leone, and Guinea.
When a wildfire breaks out we don't fence it off. We go in to extinguish it before one of the random sparks sets off another outbreak somewhere else.
We don't want to isolate parts of the world, or people who aren't sick, because that's going to drive patients with Ebola underground, making it infinitely more difficult to address the outbreak.
Pentagon calls climate change a matter of ‘national security’
http://www.foxnews.com/politics/2014/10/13/pentagon-calls-climate-change-matter-national-security/
Defense Secretary Chuck Hagel on Monday described climate change as a national security threat -- at a time when the U.S. military is battling the Islamic State in the Mideast, responding to the Ebola crisis in West Africa, and monitoring tensions between Ukraine and Russia.
The Defense secretary addressed the issue during a speech in Peru, as the Pentagon released a comprehensive report on the "national security" challenges posed by rising global temperatures and "extreme weather events."
Hagel described climate change as a "threat multiplier," saying it "has the potential to exacerbate many of the challenges we already confront today -- from infectious disease to armed insurgencies -- and to produce new challenges in the future."
The Pentagon's new report maps out four areas of climate change deemed the most threatening to the U.S. military -- rising global temperatures, changing precipitation patterns, more extreme weather and rising sea levels. And it warns about the impact they could have on food and water supplies, the environment and American security itself.
"Our militaries' readiness could be tested, and our capabilities could be stressed," Hagel said, addressing a conference of military leaders.
Why does everyone hate QuikTrip?
Plus, on this edition of The Live Show, Jason breaks down how to win a war with ISIS.
5.4 billion goes back to Gaza to help rebuild (and likely fund Hamas), the area after the 50 day war is Israel.
All that and more on The Live Show.
St. Louis Police: 17 Protesters Arrested After They Threw Rocks at Cops, Tried to ‘Storm’ Convenience Store
http://www.theblaze.com/stories/2014/10/12/st-louis-police-17-protesters-arrested-after-they-threw-rocks-at-cops-tried-to-storm-convenience-store/
Seventeen protesters were arrested in a convenience store parking after “attempting to storm the business and “throwing rocks at police early Sunday morning, St. Louis Police Chief Sam Dotson said.
QuikTrip is awesome. This is what I don't understand. Every time I go to a QuikTrip, it's like a convenient store and gas station all in one. And they're all nice so you don't have to worry about some dingy hole in the wall place.
It's always the nicest convenient store and gas station around.
After the Ferguson shooting, the first thing that they did was they found the nicest gas station slash convenient store that they could and they burned it to the ground.
As I've always said, I've been in the Middle East a lot of years, and one of the worst about it is everything good that they have, they destroyed. They tear it down. The music, culture, education, construction, design, they just destroy all of it.
And what is very difficult for me to understand is why, if you're upset, do you destroy your own.
Why do you do that?
Dotson tweeted several times about the activities of protesters gathered at the QuickTrip parking lot amid a four-day summit in St. Louis to protest the early August police shooting death of 18-year-old Michael Brown.
What Dotson is doing is he is using the media to update people on exactly what's happening, the play by play. Here's what's happening right now. Here's what we've done. Here's what actions we're taking.
And he's doing it, it's a CYA thing. He's doing it to cover his own butt because he knows if he doesn't keep a clear record, if he doesn't stay on top of it, nobody is supporting him.
Every single news organization is out there filming and waiting for the police to screw up. Waiting for the police to overstep their bounds.
Here we got rioters who are now storming another QuikTrip, trying to burn down and destroy another good thing that they have in their community. The owner of which who has done nothing wrong. All he does is let people pump gas and provide great service for when you stop in.
Now, what Dotson is doing is he's just protecting himself. But the media won't even let him get away with that. The media is blaming now, blaming Dotson, for flaming tensions by posting the Twitter updates.
Have you heard one news outlet complain about the protesters flaming racial tensions?
You talk about the pot calling the kettle black here, this is shameful. I just don't understand why everybody hates QuikTrips. QuikTrips are awesome. Why don't you go tear down a government building? If you're going to camp out and destroy something, destroy something that has little value.
I can guarantee one office that they won't be tearing down, the unemployment office. I guarantee that won't be happening because too many of them are going to have to show up on Monday to get their checks.
This has nothing to do with a Black teen getting shot. This has to do with people in that town looking for an excuse to rob, cheat, steal and hurt people. That's what it was designed to do.
And while there may have been a small segment who were truly upset over this young boy getting killed, most of them just saw it as an excuse to go out and raise hell. And, they should be punished.
My views of police officers
And I'm very wary of police officers. I don't particularly care for the amount of credibility. Police officers are given a certain amount of authority and also, some of the things that they say are accepted at face value because they are police officers.
So they are suppose to be held to a higher standard. But they're also given a great deal of leeway because they're police officers. I think that much of that leeway is unnecessary, that it shouldn't be happening.
And the reason for that is I've seen, I'm intimately involved with police departments. I know them. I've worked with cops and the 80/20 rule still applies. A cop is given a lot of authority and with that authority should come a massive amount of responsibility. So I am very critical and a proponent of a massive amount of oversight on those people that we give that amount of authority to.
At the same time, those police officers are there to do something.
The police officers in Ferguson were so scared of having another incident, they allowed their own community to burn to the ground. They allowed people who support them, that pay taxes, business owners who are there expecting their support, police stood by and watched their cities, their towns, their businesses be raided.
Where they should have stepped in, they stood silent. And there is a time where the police step in and you just grab that baton and you whip out that asp and you start beating some you know what. And you haul some people off to jail.
We have the freedom of speech in this country. You have the freedom to assemble. You have the freedom to voice your opinion and your anger. But you don't have the right to go out and burn down your neighbors house because you're upset at the way the government acts. You don't get to do that.
Cops rarely prevent crime.
The only time I ever see a cop is when he's pulling me over for speeding. It's the only time. Cop beats on the street can reduce crime but a cop cannot be there to prevent crime in most cases.
Most of the time, he's arriving to take a report and to go find the guy who did it or after the domestic violence issue ensues to show up, after a beating has taken place, to haul one person off to jail.
Unfortunately, that's the nature of police work, to track down criminals after the crime is committed. The preventative nature of what they do is minimal.
And what frustrates me is that when you get a situation like this, where the cops have a chance to prevent crime, they stand idly by, they stand silent.
And in this case, in this particular case, St. Louis PD said no!
We're not going to let you storm this QuikTrip, we're not going to let you destroy our community because you're angry. And for that, Mr. Dotson is considered one of the problems. He's the problem. He's the reason why racial tensions are so high.
Just absolutely shameful.
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‘A Private Hospital in a Red State’: MSNBC Host Lays Blame for ‘Spread of Ebola’ in U.S.
http://www.theblaze.com/stories/2014/10/12/a-private-hospital-in-a-red-state-msnbc-host-lays-blame-for-spread-of-ebola-in-u-s/
Joy Reid is the latest host to perpetuate this cycle of punditry that exists in news media today. Virtually every news outlet has become pundit centric. All opinions.
To the anti-government wingers in my thread: so far, the only "spread of Ebola" in the U.S. was caused by a private hospital in a red state.
— Joy Reid (@JoyAnnReid) October 12, 2014
Leave it to Joy Reid and MSNBC to politicize ebola death. Nobody else has had the moxie. And I give her credit because she's shameless. It doesn't matter or change the that the ebola patient flew to Dallas.
She just has no business of being on television. But to make the claim that those patients with ebola, that people contracted and died from ebola because it was a private hospital in a red state shows either a partisanship that should not exist at MSNBC. It just shows such a lack of class and just how partisan MSNBC is.
The right way to take out ISIS is a large-scale raid
http://nypost.com/2014/10/12/the-right-way-to-take-out-isis-is-a-large-scale-raid/
This campaign of large-scale raids would likely be more costly and take months, but it’s preferable to armed nation-building, where body bags stream back for years.
It is likely that when driven from the occupied areas, ISIS’ people will disperse and try to consolidate elsewhere. We have to plan for that; you can destroy an army, but not an ideology. We may need to attack them again elsewhere sometime.
Here's how you win the war. You bring in a massive amount of fire power to bear. Anywhere they exist, you decimate them. You run through a massive ground and bombing campaign.
Then when they scatter and retreat to the villages, you go to the villager, and you say 'Listen, do you have any ISIS members hiding here?' 'No, we don't have any ISIS members hiding here.' Then you say, 'Ok, we trust you. Here's what we're going to do. We know that you guys need water, food, support so we're going to do that for you. We're going to leave a contingent of people in this town to help protect you guys against ISIS.'
'But this is my warning to you. If we find that you're harboring ISIS members in your village, we are going to burn your village to the ground.' 'ISIS will not stand.'
That is the type of mentality will get you what you want. Now you might think that is hardcore and that no politician will ever go for it. But that is why we'll continue this round about fight that we have over how we're going to deal with the ISIS threat. Bombings but no ground troops, ground troops but rules of engagement that won't allow us to go into villages.
The way you win a guerrilla war, you go in and you say 'you think ISIS is scary? Wait until you cross me. I can be your best friend or your worst enemy. You choose.'
War is an evil thing. It's a vile act. And personally, I dislike it immensely. If you are going to go to war, then you better be willing to win. You better do what's necessary to win. And what's necessary to win is not pretty. It's not fun. It's not cute. The only outcome that's acceptable is victory. We do whatever is necessary to win.
$5.4B Pledged Toward Gaza
http://www.voanews.com/content/us-pledges-212-miliion-dollars-for-rebuilding-gaza/2481071.html
Palestinian leaders say they need $4 billion to restore large portions of the territory that were destroyed during the 50-day war between Hamas and Israel that ended in August.
Ahead of the conference, officials expressed concerns about giving money without a lasting cease-fire agreement in place.
What happened? The Palestinians decided they were going to send rockets over the line into Israel. Israel is our greatest ally in the Middle East. Our greatest ally. And we supported them and back them over the years. But it seems like at every single turn, we give lip service to Israel while we support the people who wish to do them harm.
Today we invite our first guest onto The Live Show, Rod Casilli, Managing Partner of Main Street Alpha, to talk about psychological shifts and an options play on Apple.
Fake ebola patients helps hospitals prepare for the next case.
Net neutrality, what they're claiming and what it really is.
All that and more on The Live Show.
If the world is burning down around me, how do I make sure I’m standing on top of the ashes?
It is turbulent times. The tide is shifted psychologically.
Nothing special came out of the Fed minutes.
Special Guest: Rod Casilli, Technical Trader and Managing Partner of Main Street Alpha
We want to identify when there are sentiment shifts. Especially in this particular environment, it looks like it feels heavy. There has been a sentiment shift. Everybody seems to be shooting for some lower levels.
The tried and true advice for these environments are don’t panic, pick your levels, and stick to a type of plan. Are you the type of trader that can short? That can buy puts? That can do hedging in your portfolio?
If not, then you need to trim a little bit or find your levels where you'll be a buyer again.
So, how do we play this if you're an active investor who sees this as an opportunity as volatility increases?
This is a really good opportunity if people want to invest a little bit of time in learning a little bit about options so that they can have the flexibility to buy puts and do directional plays.
It's best to learn about how options work so that you can hedge your portfolio and not try to time getting out of things.
You can listen to the rest of Rod's thoughts on the increase volatility in the market right now, beginning at the 1:40 mark
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Fake Ebola Patients Help Hospitals Prepare for Next Case
http://www.businessweek.com/news/2014-10-09/fake-ebola-patients-help-hospitals-prepare-for-next-case
Hospitals are now actually setting up entire fake scenarios to handle the next ebola patient. This is how bad it's gotten in America.
"This is my entire job. It's all I do, every day."
Excerpt: The incident in Dallas, along with the growing epidemic in Western Africa that has killed almost 4,000, has heightened concerns at U.S. hospitals that a new Ebola patient will emerge, pushing them to buy more protective equipment, build new isolation rooms and enhance treatment plans for potentially infected patients.
Peninger’s Ebola team started with 25 members after hospital staff became concerned about the epidemic this year. Now she cannot even recall how many people are on it at any one moment.
This is NOT a disaster. I cannot express the level of unnecessary excitement that's being generated by ebola.
54,000 people die of the flu every year in America. 4,000 people in Africa have died this year of ebola. 1 human being out of 300 million people in America has died of ebola.
And now we have entire teams that do nothing else all day long but prepare for the inevitable outbreak.
The mainstream news media now is nothing more than a shill for an ideology. Real journalism is dead.
Now, what we have a group of talking heads that do nothing but recite the talking points issued to them by the respective political party of which they align themselves.
The worst one of them all is MSNBC. Nothing more than a shill for progressive ideologies and the Democrat party.
Fox News is not far away from that. They are on the other side. They are nothing more than a shill for the Republican ideologies and principles.
It has become a spectacle. I use to be reporting. You use to be reporting what is happening in the news.
Obama says unequivocally committed to 'net neutrality'
http://www.reuters.com/article/2014/10/10/usa-tech-obama-internet-idUSL2N0S439520141010
Excerpt: "Net neutrality" refers to the idea that Internet service providers should enable equal access to all content regardless of source.
The proposed rules would ban them ISPs from blocking or slowing down users' access to websites but allow them to charge content companies for faster and more reliable delivery of traffic to users.
"I am unequivocally committed to net neutrality," Obama said to applause from a group of company start-up founders in California. "It's what has unleashed the power of the Internet, and we don't want to lose that or clog up the pipes."
Government always does this under the guise of protecting you the consumer.
These laws need to be in place to protect you against the greedy internet providers is their thinking.
Net neutrality is nothing more than the government's way to weasel into the regulation of the internet. The internet is totally free. It is the freest from of interaction. It is one of the easiest and least cost prohibitive way to start a business.
You have access. It is one of the freest forms of communication that we still have. And because of that, those who have power are set and ready to try to take control to regulate it. That's what net neutrality is.
Bill Gross gives his first investment outlook for Janus fund
http://fortune.com/2014/10/09/bill-gross-offers-his-first-investment-outlook-for-janus-fund/
Excerpt: “I have the following tough love advice–somewhat resembling the counsel given to me in recent weeks: there is a new financial era, wrote Gross. “Accept it and modify your behavior accordingly, so that your future is safe, secure, and you look forward to a brighter tomorrow.
Investors can no longer count on the days of double-digit growth, Gross expects bond yields closer to 3% to 4% at best and stock gains of 5% to 6%. Despite the gloomy outlook, Gross promised there would be “smooth sailing under his leadership.
Today we discuss about racial tension after St. Louis cop shoots and kills teen and how the narrative reinforces belief systems people already believe.
Liberian ebola patient dies in Dallas while Jesse Jackson questions level of healthcare provided, further reinforcing racial divisive belief systems.
Cardiff University builds barricades over warm air vents to push away the homeless.
All that and more today on The Live Show.
What everybody already knows: The world economy is slowing
S&P 500 has best day in a year following Fed minutes
http://www.reuters.com/article/2014/10/08/us-markets-stocks-idUSKCN0HX15220141008
U.S. markets jump, dollar falls on Fed minutes
http://in.reuters.com/article/2014/10/08/markets-global-idINKCN0HX2AR20141008
Because the Federal Reserves voiced openly that it was concerned about slow growth and that with the price of the U.S. dollar was going up, the Fed minutes said that they are concerned that inflation may stay low.
That, in turn, means that the Federal Reserve may not, in fact, raise interest rates as it was anticipated.
That, in turn, caused a massive drive north in the Dow Jones, the Russell, the S&P 500.
But I still think there is more downside to this
What we're seeing now is volatility returning to the market.
And, what I think you can take away from this whole experience is that if you needed any more evidence that markets are 100% psychologically driven, look no further than the Federal Reserve minutes.
The Federal Reserves did not put out anything that anybody didn't already know. The European Central Bank has been talking about the slowing European economy. The IMF came out recently about slower growth in China, European Union, and Japan. And we've all seen the strengthening dollar against the Euro, the Pound, and the Yen.
So, the question becomes: what was everyone so excited about?
What on Earth was everybody all up in arms about yesterday?
The Federal Reserve knows and fully understands cause and effect. All of the things the Federal Reserve said, they already know. Yet, none of them were buyers. They were all net sellers, the day before yesterday.
Why?
Everybody has already formulated their opinions. Everyone is working from a framework of their own beliefs and they're coming at it in their own reality. The perception is the reality. What they are really looking for is a validation or a vindication of that ideology, of that belief system.
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St. Louis police fatally shoots a black teenager
Off-duty St. Louis police officer fires 17 times, kills 18-year-old suspect in gunfight: cops
http://www.nydailynews.com/news/crime/off-duty-st-louis-fires-17-times-kills-teen-gunfight-cops-article-1.1968403
The "Reverand" Al Sharpton and the "Reverand" Jesse Jackson have really become just race baiters. Any time they can turn anything into a racial debate, any time they can draw lines based on color, ethnicity, they are ready and willing to do it.
You should judge me by the content of my character -Martin Luther King
"I'm sick and tired of people being judged by military service, the badges they wear on their chest, the color of their skin and no consideration being given on the content of their character." -Jason Stapleton
Point in case, the Ebola patient has died. And immediately, the "Reverand" Al Sharpton and the "Reverand" Jesse Jackson are quick to turn it into a racial issue.
Texas hospital details Ebola patient’s care
http://www.politico.com/story/2014/10/ebola-texas-111754.html
Unfair criticism of Ebola patient's care
http://www.latimes.com/opinion/readersreact/la-le-1010-friday-ebola-patient-dies-20141010-story.html
Nephew of Dallas Ebola patient says he called CDC to get him admitted to a hospital
http://www.latimes.com/nation/nationnow/la-na-nn-ebola-nephew-sought-cdc-help-story.html
"He’s getting the best care now and I really appreciate all the efforts the guys are putting in out there at Presbyterian. I just want to thank them for all the hard work." -Joseph Weeks, nephew of Thomas Eric Duncan
Jesse Jackson questions level of care for Ebola patient
http://www.wfaa.com/story/news/health/2014/10/08/ebola-jesse-jackson-dallas-tx-patient/16889201/
"I appreciate you," Weeks said to hospital staffers. "No amount of thanks in the world I can give you. [I am] forever in my debt for treating a man who had no means. He had no ways. But you treated him like a diamond. I appreciate all the efforts you're putting in. Thank you on behalf of my family."
This is what his nephew told the people at the hospital.
Jesse Jackson, on the other hand, sees nothing but color, nothing but a man's race.
This was a Black man who got sick and died. And it's a perfect opportunity for him to get into the limelight and allows him to drive up racial tensions in this country.
This is not the same thing that Martin Luther King was doing. Martin Luther King said I just want to be judged as a man. That's all. I just want to be given the same rights as every other man and be given the same opportunity that every other man is given. I don't want any special favors, any special treatments, I just want to be treated the same.
That's not the same type of activism that Jesse Jackson and Al Sharpton promote. What they say is, 'you can't do it. You can't get ahead. Everybody is against you. Look at all these situations where poor Black kids are getting shot, defenseless.'
A man comes over from Liberia, contracts ebola, ends up dying in a Dallas hospital, and there's Jesse Jackson talking about the Black man who didn't get fair treatment.
This is the ideology trumping common sense
And what happens? He stews up racial animosity and racial hatred across the United States. It's so ingrained. People actually believe that they can't get ahead. People actually believe that they don't have any opportunity. That there is no way, that it doesn't matter how hard they work, they are never going to get ahead because of the color of their skin.
Where does that come from? It doesn't come from Martin Luther King.
Let me tell you something that nobody else is going to tell you. You can do it. Whatever you want in this life, you can have it. America is still the land of opportunity.
Anti-homeless barricade installed at UK University
‘Disgusting’: Anti-homeless cages installed at UK university
http://rt.com/uk/194276-uk-homeless-cage-cardiff/
Colorado Held Hostage: Hickenlooper Says He 'Could' Grant Clemency To Mass Shooter If Not Re-Elected
http://www.breitbart.com/Big-Government/2014/10/07/Colorado-Held-Hostage-Gov-Says-He-Could-Grant-Clemency-To-Mass-Shooter-If-Not-Re-Elected
Today we discuss Obamacare, what the change in the healthcare law is going to mean, Walmart cutting health benefits for part-time employees.
Twitter files a lawsuit against the Department of Justice over data disclosure rules.
And former '7th Heaven' dad confesses to the unthinkable.
All that and more today on the live show.
Pulse of the economy
What did Jason tell you yesterday?
“Be careful, this market is volatile!... This is not a time where I want to invest in the market. Why? Because I think we are due for a 10% or 15% correction at the least.
“Talking heads always seem to be able to find the answer as to why the market went down after it went down.
Jason shares his thought as to why he thinks the markets are on a decline.
Walmart eliminates healthcare insurance coverage for most part time workers
“Not only are the part time workers losing their benefits but now the full time workers are getting a 16% increase in their health care costs. Thank you, Obamacare!
“This is not just about healthcare. This is about your livelihood. It’s about your kid’s ability to come out of college and be able to find a full time job. It’s about your ability to move from that low income paying job, to work hard, to move up from that ladder.
“Unless something changes, my belief is that that is over. The type of America that we’ve understood for generations is going away. And you’re seeing it right here.
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The government is not there to help you
“The scariest thing in the world to hear is ‘hello, i’m from the government and i’m here to help. -President Ronald Reagan
“The government runs very little efficiently. It does very little right.
Example: The Obamacare website, which cost $100 million to create and now, another $100 million to fix.
The Coming Divide by Jason Stapleton: http://www.theliveshow.tv/resources/thecomingdivide.pdf
EXCERPT: “If insurance premiums are going up most Americans who now have insurance are going to become more dependent on their employer to help defer some of the cost. This, in turn, will likely decrease the mobility of our
workforce since people will be less likely to quit jobs, start new businesses, or apply for better jobs out of fear they might lose their health insurance. If you feel trapped in a job now and are afraid to quit because the company has such good benefits, just wait. In the world of ObamaCare it will be virtually impossible to leave your employer. Here’s why.
In addition to a personal mandate, ObamaCare also goes after corporations. Those are the evil institutions that provide jobs and create products that produce wealth. In the eyes of many in Washington, a company exists not to make a profit for its shareholders or to create value for consumers. Rather, that company exists to provide jobs, pensions, and health insurance to its workers. In their, eyes making a profit should always come second to caring for the worker.
EXCERPT: “The new corporate mandate forces most American businesses to offer government approved health insurance to their employees or else pay new federal taxes for not doing so. Not all corporations fall under this new law. Right now the bar is set at 50 employees or more. So if you run a company with 50 or more employees or if you work for a company that has more than 50 employees, you’re going to be affected.
Under the new mandate, if a company does not offer health insurance and has at least one employee receiving a subsidy from the government then that company must pay a $2,000 fine per employee.
Even if the company does offer health insurance, if they have an employee who can get a better deal with a subsidized insurance program, that company will also be taxed at $2,000 per employee (exempting the first
30 employees).
EXCERPT: “But it doesn’t stop there. Even if the employer does offer health insurance, if one person who works for them opts for an alternative, subsidized health insurance, that company is still liable to for the penalty because the company did not provide “adequate coverage. So they’re damned if they do and damned if they don’t.
Now step back for a moment and let’s contemplate what the cost of providing coverage might be to those employers. Remember, by the IRS’s own filings they expect the cheapest plan to run $20,000 year. This is several multiples higher than the current cost for health insurance. Companies that now offer insurance will now be faced with a choice. Pay double or triple what they now pay per employee or simply suck it up and pay the penalty. Which one do you think most large companies will choose?
If you work for a small company (less than 50 employees) and you happen to have health insurance now, do you think they are likely to continue to provide it when premiums double or triple? The answer is no. What you will see over the next several years is companies dropping their health insurance coverage and pushing people onto the exchanges.
What it all means for you, your children, and your grandchildren?
EXCERPT: “The new law will have a very damaging effect on entry level workers. When I turned 16, I walked across the street from my house and got a job washing dishes at a Pizza Hut for $5 an hour. Over the course of the next several years I moved from one company to the next. There was a high degree of mobility and I had the opportunity to advance at a young age. In the summer I switched from working 20 hours a week to 40 or 50, depending on who I was working for and how badly I needed money. There was a massive amount of opportunity for a kid who was willing to work hard.
I also gained a great deal of work experience. I had the chance to work in a variety of industries and even tried my hand at entrepreneurship by cutting grass with a friend in the summer. Entry level jobs were easy to come by and a poor kid like me learned a lot about the value of hard work. Had I decided to stay at the Pizza Hut, I could have easily worked my way up to a manager and even purchased my own franchises down the line. There was upward mobility, a chance to start at the bottom and retire rich.
I think that kind of opportunity is over. With the passage of ObamaCare, companies like Pizza Hut, McDonald’s, Home Depot, and a host of other companies that offer a low barrier for entry and a chance to advance, will have to drastically change the way the hire and advance employees.
Walmart is getting out of the health insurance business and getting into the health provider industry
Wal-Mart cuts health benefits for some part-timers
http://www.chron.com/news/us/article/Wal-Mart-cuts-health-benefits-for-most-part-timers-5806306.php
Walmart Announces Ambitious Goal: 'To Be The Number One Healthcare Provider In The Industry'
http://www.forbes.com/sites/dandiamond/2014/10/06/walmart-announces-ambitious-goal-to-be-the-number-one-healthcare-provider/
7th Heaven Actor Makes Horrifying Confession
“It’s extremely sad. It taints forever what was one of the real shining lights in evening television in America.
Twitter sues the Department of Justice
Twitter Is Suing the Government So it Can Tell You More About Surveillance
http://time.com/3479012/twitter-suing-department-justice/
Twitter sues US government over limits on ability to disclose surveillance orders
http://www.chicagotribune.com/news/sns-wp-washpost-bc-twitter07-20141007-story.html
“It is so critically important that we demand transparency in government.
Today we discuss the new move by ISIS (ISIL) in Mosul, Iraq to open a legal sex slave business.
Apple iphone gets hit with another scandal as users report it rips out your facial hair.
And Obama sends message of praise to Oklahoma City Mosque from which a message of Jihad is preached.
All that and more today on the live show.
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What'sApp costing Facebook extra $3B but social network doesn't bat an eye
http://www.techtimes.com/articles/17315/20141006/whatsapp-costing-facebook-extra-3b-social-network-doesnt-bat-eye.htm
Excerpt: The social media giant confirmed the approval of the deal on Monday. The deal also cost the company an extra $3 billion because of the increased value in Facebook's stock of late.
"WhatsApp is on a path to connect 1 billion people," said Mark Zuckerberg, Facebook CEO. "The services that reach that milestone are all incredibly valuable."
U.N. report: ISIS uses women, girls as sex slaves
http://english.alarabiya.net/en/News/middle-east/2014/10/02/U-N-ISIS-uses-women-girls-as-sex-slaves.html
iPhone 6 Ripping Out Facial and Head Hair, #BeardGate And #SeamGate
http://socialnewsdaily.com/44017/iphone-6-ripping-out-facial-and-head-hair-beardgate-and-seamgate/
Bitcoin is a terrible investment and you need to be careful. Russia may be the next big thing for investors.
Is snapchat the next Alibaba? Yahoo seems to think so.
Find out all the latest news of the day. All this and much much more on todays episode.
If the world is burning down around me, how do I make sure that I am standing on top of the ashes?
And if everything around me is blowing up and if millionaires and billionaires are being created on my left and on my right, how do I ensure that I am getting a chunk of that action?
Everything that will be discussed on The Live Show is going to be geared towards 'how do I profit from this information?'
How do I profit from the changes around me?
Follow Jason on Twitter: www.Twitter.com/TheLiveShowTV
Follow Us on Facebook: www.Facebook.com/TheLiveShowTV
Are you interested in advertising on The Live Show?
Reach out to us at Advertising@TheLiveShow.TV
We’d love to talk with you.
Sponsors
Trade Pro Futures: http://tradeprofutures.com/
The industry's top futures and forex trading platforms.
Trade Empowered: http://www.tradeempowered.com/
Learn how to day-trade, swing-trade, or become a profitable long term trader.
Main Street Alpha: http://mainstreetalpha.com/
A social site that links up professional successful traders with verifiable track records to capital.
Bitcoin tumbles by 20%http://dealbook.nytimes.com/2014/10/05/price-of-bitcoin-tumbles/
Excerpt: The price of Bitcoin fell nearly 20 percent this weekend to its lowest level of the year, prompting worries of a crash.
“As the price is going down, some of us are under immense psychological stress, one user posted on Reddit on Sunday. “Please share how you cope with it.
On Sunday afternoon, Bitcoin was trading at about $300, up from a low of $286, according to CoinDesk, a virtual currency website.
Some contend that Bitcoin’s price is irrelevant and that it does not reflect the virtual currency’s true value. Bitcoin is still most popular among speculators and technology enthusiasts and has yet to find a general use that will push it into the mainstream and help stabilize its price, they say.
When exchanges are new, they are not optimized and there's not enough liquidity in there so there's wide disparities in pricing. And that once you put money into a particular Bitcoin exchange, you couldn't get your money out after a few days.
So it made the idea of being able to buy and sell at difference exchanges an impossible outcome because we couldn't be able to move fast enough if the market started to turn on us.
Silicon Valley giant Hewlett-Packard to split in two: WSJ
http://www.reuters.com/article/2014/10/05/us-hp-restructuring-idUSKCN0HU0QY20141005
HP to Separate Into Two New Industry-Leading Public Companies
http://www.marketwatch.com/story/hp-to-separate-into-two-new-industry-leading-public-companies-2014-10-06
Snapchat: Yahoo 'set to invest millions'
http://www.bbc.com/news/technology-29502069
US Vice President Joe Biden Apologizes After Calling Sunni Allies 'Largest Problem in Syria'
https://uk.news.yahoo.com/us-vice-president-joe-biden-apologizes-calling-sunni-211703617.html
Cyber Dust | Every spoken word isn't recorded. Why should your texts be?
Cyber Dust is a Secure, Speedy, and Free App that deletes your messages 24 seconds after they are read.
In this weeks episode I'm going to break down the VA scandal and show WHY government falls short of it's promises and what the VA tells us about Obamacare to come.
I also cut through all the rhetoric give you special insight into the Benghazi scandal.
This week my special guest is Kansas Secretary of State Kris Kobach. I'll talk taxes with Kris and how Kansas is attempting to put individuals and business first. We also talk the high cost of College tuition and goverment waste as the obamacare website racks up another 120 million dollars in fixes.
Today on the live show I lay out the future for Detroit and explain how You'll be paying for their recovery. We also discuss Fed Chair Janet Yellens recent comments on the economy AND...
I attack Ezra Kleins recent article on Vox.com.
This week we take a look at China and the growing bubble that exists there. Jason also takes an in-depth look at the minimum wage debate and discussed the unintended consequence of raising the cost of unskilled labor. It's a jam packed show this week! Enjoy
Facebook makes another ridiculous purchase with shareholder money. Robert Reich puts out a shill piece for Obama at the Huffington post and LUX strikes a deal with google to add a google glass line due out in 2015
This week the federal reserve decide to continue it's reduction of bond buying and gave guidence on when it thinks interest rates will rally. What was scary were the questions asked during the Q&A
Starbucks had it shareholder meeting this week and there are exciting things happening. Do you want to own Starbucks cheap? I talked with Rod Casilli at Main Street Alpha to discuss a simple options play.
Toyota finally gave into the DOJ and agreed to a 1 billion dollar fine for is failures 4 years ago to properly disclose defects in some of their vehicles. This smells like outright distortion. Today I discuss what it really means for Toyota and the industry as a whole.
This week we talk Climate change, what the real reason behind the movment is, Obamacare and what it will mean for the economy and insurance rates in 2015 and beyond.the Also on topic todayis the war in Ukraine and why the market is discounting what could be a very serious econoic issue. Espeically if the EU takes a tough stance.
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