American Monetary Association (general)

Today's 10th episode features Jason Hartman talking with Mike Starks about the state of America's health and how most of it can be solved with our eating habits. The two discuss the dangers of sugar, the importance of sleep, and the most important aspects of a diet that don't involve exactly what you're eating.

Key Takeaways:

[4:12] America is the most nutritionally educated culture in the world, yet we're the most obese due to getting it wrong 40 years ago

[6:34] When fat is taken out of food, sugar is added in its place

[10:15] If you eat right and get good sleep you're 90% of the way to health, even without exercise

[13:39] If eating right isn't easy and taste good, you're not going to stick with it

[18:02] What's the solution to America's health problem?

[22:33] What the subscription plan entails

[26:45] Keep it simple so it become consistent

Website:

www.JasonHartman.com/Food

Direct download: AMA_240_Mike_Starks.mp3
Category:general -- posted at: 6:47pm EDT

Jason Hartman talks with Matthew J Martin, founder & CEO of Blossom Finance, about how Islam views cryptocurrencies and what Sharia law says about debt and investing. The two examine what exactly Islam says about various actions, and how that impacts all facets of life for around 20% of the world.

Key Takeaways:

[2:24] How Matthew views micro financing

[6:23] Why is it important to know what Muslims think about debt and cryptocurrencies?

[8:56] What about the Muslim investors today? Are they following Sharia law or not?

[13:06] Sharia law allows credit sales, you just can't have a 3rd party solely giving money

[16:18] Islam is about risk participation

[21:06] What is the Islamic view of cryptocurrencies?

[25:03] The law of the land is supposed to trump Sharia law, but that doesn't seem to be the view of many Muslims who are immigrating

Website:

www.BlossomFinance.com

Direct download: AMA_239_Matthew_Martin.mp3
Category:general -- posted at: 7:13am EDT

Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[1:58] How Uber made John realizing something about the Fed

[5:41] The importance of the Fed is vastly overstated

[10:43] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[13:40] Demographic arguments regarding Japan don't hold a lot of weight with John

[17:27] Money flows to its highest use, regardless of the Fed

[21:55] Automation is going to lead into a surge in new kinds of jobs

[26:37] The demand for entertainment and service is going to explode

[28:26] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[30:06] John's thoughts on Universal Basic Income

Website:

www.RealClearMarkets.com

Direct download: AMA_235_John_Tamny.mp3
Category:general -- posted at: 4:15pm EDT

Jason Hartman talks with Samson Williams, co-founder at Axes and Eggs, about the state of cryptocurrencies, especially in regards to fundraising. Samson discusses the current thoughts of the SEC on utility tokens, and explains the steps you need to take to launch an ICO, how much customer acquisition is running these days, why you SHOULDN'T pay your advisors in cryptcurrency, and more.

Key Takeaways:

[5:10] Is the SEC going to come after utility tokens?

[9:17] How long does it take to set up an ICO?

[14:58] What are the steps to launching an ICO?

[18:35] Develop a budget before going out and hiring

[22:54] The basic customer acquisition cost was $36/person, but it's bringing in less and less money in investments

[26:18] Are the days of big ICO fundraisers over?

[28:19] Why you should pay your advisers in cash

Websites:

www.AxesAndEggs.com

www.CoinSchedule.com

www.ICOAlert.com

Direct download: AMA_237_Samson_Williams.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Adam Andrzejewski, founder & CEO of www.OpenTheBooks.com, about wasteful government spending and how President Trump is doing at stemming the tide. Open the Books' mission is to track "every dime, online", even going so far as to have an app where people can follow the money in as close to real time as possible.

Adam discusses how pervasive the pork barrel spending is, how large the trough has grown, and what areas are most ripe for trimming.

Key Takeaways:

[1:16] Why is Open the Books different from other government spending watchdogs?

[4:56] How is the Trump administration doing when it comes to government spending?

[9:12] Absurd levels of grants ($600 billion) were given out in the final year of Obama

[11:49] Pork barrel spending knows no party affiliation

[15:49] It's our constitutional right as citizens to see all the expenditures of our government

[20:18] 2016s highest bonuses

Website:

www.OpenTheBooks.com

Direct download: AMA_236_Adam_Andrzejewski.mp3
Category:general -- posted at: 4:42pm EDT

Jason Hartman talks with Pat Donohoe, author of the new book Heads I Win, Tails You Lose, about the habit of most Americans to delegate their investing, what we should be doing today financially, the use of debt in our country and more.

Key Takeaways:

[2:09] The average American has delegated most of their life to 3rd parties

[5:21] The drive to save money now for the future and retirement is so that you can achieve freedom

[8:09] What should we be doing today for ourselves financially?

[13:00] Think of your employer like a customer, you want to keep them happy but you also want to maximize your revenue

[17:17] The entire country is based in debt

[20:00] The true narrative is to be smart with your money, not to get rid of debt

[26:28] Start to focus on the now rather than the mirage of the future, and start by taking the wool off your eyes when it comes to the banking system

Website:

www.HeadsOrTailsIWin.com

Direct download: AMA_235_Pat_Donohoe.mp3
Category:general -- posted at: 4:50pm EDT

Jason Hartman talks with Dan Rutherford, deputy director for the Office of Customer Education and Outreach with the US Commodity Futures Trading Commission, about some incidences of fraud in options trading that his office is seeing, and what signs you can look for to make sure you're not scammed. The rise in prominence of cryptocurrencies has brought plenty of scam artists into the arena, and they're currently focusing education on binary options.

Key Takeaways:

[3:06] What kind of fraud is going on in options?

[7:15] The main things you should be watching out for to recognize a scam

[12:53] There's a whole lot more education on cryptocurrencies needed in the general public

[15:47] Some tips to avoid fraud and how to help out others who may be being taken advantage of

Website:

www.SmartCheck.gov

Direct download: AMA_234_Dan_Rutherford.mp3
Category:general -- posted at: 4:46pm EDT

Jason Hartman talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more.

Key Takeaways:

[2:05] Will the new tax plan expedite people and companies leaving high tax states?

[6:53] Hidden taxes in states like California

[7:59] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout?

[10:53] Jim's current inflation thoughts

[14:23] How much longer can the US continue to kick the can down the road when it comes to the debt?

[17:49] Why double inflation arbitrage is fantastic for real estate investors

[21:03] What the next downturn is going to look like

[26:21] Jason's new theory

Website:

www.FinancialSense.com

Direct download: AMA_233_Jim_Puplava.mp3
Category:general -- posted at: 4:49pm EDT

Jason Hartman talks with Alan Beaulieu, President & Principal at ITR Economics and author of Prosperity in the Age of Decline, about what's going on in our economy when it comes to energy, inflation, and millennials. The two take a look at the difference between virtuous and non-virtuous inflation, how the millennials might respond to seeing actual inflation (and ways you can educate yourself about how times used to be different) and why you should be excited about the things that are coming. Alan also gives his thoughts on the recent tariffs and tax reform.

Key Takeaways:

[4:16] What's coming in the economy next

[6:15] What is "virtuous" and "non-virtuous" inflation?

[9:17] In 12 years there will be 30 million more people drawing down on Medicaid and Social Security

[13:24] Every single industry is having problems finding enough people, so the future isn't as bleak as you might think

[16:49] The 5 sources of inflation

[20:24] We're in a golden age with stable energy

[22:40] The 3 reasons Alan's excited about where we're headed

Website:

www.ITREconomics.com

Prosperity in The Age of Decline: How to Lead Your Business and Preserve Wealth Through the Coming Business Cycles

Direct download: AMA_232_Alan_Beaulieu.mp3
Category:general -- posted at: 5:43pm EDT

Jason Hartman talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be.

Key Takeaways:

[1:27] Are millenials just not paying attention to fiscal policies?

[3:26] We are being taxed EVERYWHERE, even when we don't see it

[6:32] Where some of your tax money is going probably isn't where you expect

[11:35] The debauchery tax & unintended consequences

[15:13] Awareness is step 1, what's step 2?

[18:43] The smaller the municipality the easier it is to get rid of the tax

[23:54] How did Kristin get into this line of work?

Website:

www.TheLibertarianChick.com

www.Twitter.com/KristinBTate

Direct download: AMA_231_Kristin_Tate.mp3
Category:general -- posted at: 12:23pm EDT

In this 10th episode, Jason Hartman goes off topic with Joan Sotkin, host of the Prosperity Place podcast and author of Build Your Money Muscles, about how to rewire your brain for prosperity and financial freedom. Jane points out that you need to connect with your negative emotions about money because emotions are created to be expressed, as well as remembering that you're not doing it for money but for what the money allows you to do.

Joan and Jason look into why people quit at the first sign of trouble and how you can be part of the 2% of people who actually achieve change.

Key Takeaways:

[1:44] Money problems aren't usually about money

[6:14] The questions you need to ask yourself when you're trying to change your bad habits

[9:44] You need to connect with your negative emotions surrounding an idea because emotions, by nature, need to be expressed

[12:04] Remember, you're not working for money, you're working for what the money will buy

[16:27] The people who are successful are problem solvers who see problems as opportunities

[20:44] What can you do about people who give up at the first hint of trouble?

[23:33] Only 2% of people who want to change actually make the change

Website:

www.ProsperityPlace.com

Direct download: AMA_230_Joan_Sotkin.mp3
Category:general -- posted at: 4:54pm EDT

Jason Hartman talks with Dr. Sean Worthington, creator of Cloud Coin, about what money really is, why it absolutely must be trustworthy, and why Cloud Coin is the solution for digital currencies. Sean says that Cloud Coin is an enormous development over Bitcoin and actually provides the most secure transactions around. Sean also touches on Jason's belief that government's can shut down cryptocurrencies with his explanation of why that's just not going to be the case.

Key Takeaways:

[1:00] Sean's new definition of money

[5:11] Money MUST work as trustworthy data in order for the economy to work

[8:21] The story of the Island of Yapp

[11:13] Money tells us what to do and how to act, so it needs to have integrity

[16:23] Cloud Coin is the money that Sean has created, which just gets created into existence

[19:27] Cloud Coin's market cap is currently 17 million, and people are actually spending it

[24:36] Why Cloud Coin is a big development over Bitcoin

[29:41] Sean's thoughts on why governments won't be able to shut down cryptocurrencies

Website:

www.DigitalFrontierNews.com

Direct download: AMA_229_Sean_Worthington.mp3
Category:general -- posted at: 12:00pm EDT

The worlds of cryptocurrencies and crowdfunding can work in harmony, but the world of the long term cryptocurrency lover and day traders may not be so harmonious.

Jason Hartman talks with David Drake, founder of LDJ Capital, about what's going on in the cryptocurrency world, regulations on the ICO market, and how currencies like Bitcoin might be incorporated into international currency baskets.

Key Takeaways:

[3:33] What kind of regulations do ICOs have?

[8:13] Cryptocurrencies are now seeing two worlds collide: the old guard of people who are buying and holding versus the hedge funds coming in to trade and make money quickly

[12:12] G7 might put Bitcoin into their currency baskets because they're anti-inflationary

[15:07] Can cryptocurrencies overcome any potential opposition from governments and central banks?

Website:

www.LDJCapital.com

Direct download: AMA_228_David_Drake.mp3
Category:general -- posted at: 7:53pm EDT

There are new payment systems coming into play in the cryptocurrency world that are about to cause some big disruptions. Jason Hartman talks with Pavel Matveev, CEO of Wirex, about the new technologies, the main problem with cryptocurrencies, where Bitcoin is headed this year, and whether regulation in the crypto world will be a good or bad thing.

Key Takeaways:

[2:39] The main problem with cryptocurrency right now

[5:17] Blockchain hasn't been designed to be scaleable and how that's being addressed

[9:25] What is Wirex?

[13:03] Pavel doesn't believe cryptocurrencies will replace fiat currency

[14:41] Bitcoin 50k in 2018?

[20:38] Who has to have a license to deal in cryptocurrency?

Website:

www.Wirex.com

Direct download: AMA_227_Pavel_Matveev.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Chris Skinner, chairman at Financial Services Club, about how cryptocurrencies and blockchain are changing the banking industry, what changes are going to have the most impact in the coming years, if more regulation is needed, and how blockchain is actually used in commerce today.

Chris is an expert on financial markets and fintech. He is author of Digital Bank, ValueWeb, and Digital Human.

Key Takeaways:

[1:08] Are big banks in trouble and at risk of going away at all?

[6:32] The challenge for financial institutions to deal with technology and change

[11:04] The most critical breakthrough coming in the next decade is a Digital Identity Scheme

[15:57] Do the big companies need to be regulated like utilities or be required to publish their algorithms?

[19:17] What's going on in cryptocurrencies today is equivalent to what happened with the World Wide Web in the 90s. We're trying to figure out which one will come out on top

[23:03] When will blockchain actually be used in commerce on a large scale

[29:02] How will the blockchain change how we love?

Website:

www.TheFinanser.com

Direct download: AMA_226_Chris_Skinner.mp3
Category:general -- posted at: 12:00pm EDT

Gambling has destroyed many lives, and it's something that actor Zack Ward thinks needs to be dealt with in our society. That's one of the reasons he's CEO of Global Sports Financial Exchange, the first investing platform for sports leagues, as well as determined to teach financial literacy.

Jason Hartman and Zack discuss how All Sports Market can help curb gambling by giving a new outlet more akin to the stock market, why they're trying to get more regulation, how they're using blockchain technology, and more.

Key Takeaways:

[3:22] What's the difference between AllSports and gambling?

[6:43] Where is the All Sports Market going?

[7:38] Why All Sports is openingly welcoming regulation

[12:01] The unholy alliance between sports and gambling

[14:32] All Sports trading platform is based on blockchain technology

[17:50] Zack's mission to promote financial literacy, and how his company's learning center does that

Website:

www.AllSportsMarket.com

www.Twitter.com/TotalZackWard

www.Instagram.com/TotalZackWard

Direct download: AMA_225_Zack_Ward.mp3
Category:general -- posted at: 5:05pm EDT

There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.

Key Takeaways:

[01:03] Are we at the end of a business cycle?

[04:30] Ali uses the Quits ratio to judge the state of the economy.

[06:39] Three critical indicators to use as early warning signs to a possible market drop.

[09:29] Wiil Millennials be staying put and buying homes or are they the rental generation?

[16:33] Why modern, prefab homes may offer Millennials more amenities than space.

[27:34] Inventory of existing, resale housing is lower in every single market Zondo tracks.

Website:

www.RealEstateTools.com

www.JasonHartman.com/Ask

www.MeyersLLC.com

www.Zonda.co

Direct download: AMA_224_Ali_Wolf.mp3
Category:general -- posted at: 3:20pm EDT

Jason Hartman talks with Cullen Roche, founder of Pragmatic Capitalism, about macroeconomic events going on today, how Cullen studies the markets, why bonds are more attractive than many believe, and the investment strategy you have to adopt when investing in cryptocurrencies today. The two also take a look at the banking industry, money supply, and asset inflation.

Key Takeaways:

[1:53] What does Pragmatic Capitalism really mean?

[10:26] The macro-economy still looks healthy

[13:40] Cullen looks at the economy like an engineer in order to try and understand what's going on

[17:18] Bonds are probably more attractive than most people believe

[20:10] Cryptocurrencies have become a "greater fool theory" investment

[24:32] Asset inflation is real and it's becoming harder and harder to get into the investor class

[28:50] The banking industry is what creates most of the money in our economy

[31:08] One of Cullen's outlandish theories

Website:

www.PragCap.com

Direct download: AMA_222_Cullen_Roche.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.

Key Takeaways:

[1:55] What does Harry learn by looking at sunspots?

[6:10] There's both global warming and cooling going on right now thanks to sunspots

[8:08] Harry does NOT believe this is the time to be cutting taxes

[11:08] The greatest BS economic recovery in history

[14:12] How much does money trickle in this consumption driven economy that needs growth?

[17:05] Nobody takes downturns into consideration when planning the future

[20:39] When are we likely to see a spike in life expectancy?

[23:50] The wild card in predictions using demographics is the government's monetary & fiscalpolicy

[27:19] Why we're going to have a big revolution if things don't change

Website:

www.HarryDent.com

Direct download: AMA_221_Harry_Dent.mp3
Category:general -- posted at: 3:25pm EDT

In this 10th Episode Jason Hartman talks with Vijay Eswaran, founder and Executive Chairman of QI and author of Two Minutes from the Abyss. The two discuss the importance of a sense of urgency, living in the moment, and why you need to look at the issues rather than the people trying to influence you.

Key Takeaways:

[2:21] Why a sense of urgency is so crucial

[5:50] How the book got its name (and where Vijay got his sense of urgency)

[8:19] HOW do you start living in the moment and being appreciative

[11:06] How a misdiagnosis for one of Vijay's friends was one of the best things that happened to his life

[14:44] It's more important to listen to the issues rather than be influenced by personalities

Website:

www.VijayEswaran.com

Two Minutes From the Abyss

Direct download: AMA_220_Vijay_Eswaran.mp3
Category:general -- posted at: 9:21pm EDT

Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years.

Key Takeaways:

[00:45] What people don't realize about interest rates

"People buy houses on a payment, not a price"

[1:56] What the Fed will do if the market drops 10% and what else will happen if it drops 20%

[5:15] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform

[9:50] Why Richard thinks the government can invest as wisely as private companies

[14:16] What are the next few years going to look like?

[16:49] People need to get very familiar with quantitative tightening

Websites:

www.RichardDuncanEconomics.com
(promo code: GLOBAL for 50% off)

Direct download: AMA_219_Richard_Duncan_2.mp3
Category:general -- posted at: 6:51pm EDT

Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates.

Key Takeaways:

[2:45] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did

[5:22] Why the future from an Asian perspective is much brighter than from a US perspective

[7:31] Who's gotten the better end of the China/US trade imbalance?

[13:08] Richard believes the Fed is tightening more than people are understanding

[17:17] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger

[19:52] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan

[22:01] Is the Fed likely to make a course correction if rates go too high?

Websites:

www.RichardDuncanEconomics.com
(promo code: GLOBAL for 50% off)

Direct download: AMA_218_Richard_Duncan_1.mp3
Category:general -- posted at: 10:14pm EDT

Jason Hartman takes a deep look into ICOs and what it takes to fundraise for them. Shane Liddell is CEO at Cryptologist & co-founder of the Cryptoconomy Summit, and he provides insight into how fundraising has changed recently, how to properly spend money to raise money for your ICO, and how to overcome marketing problems created by big companies such as Google, Facebook, and Twitter when they banned crypto ads.

Key Takeaways:

[4:28] How do you raise money for a cryptocurrency?

[8:18] How much does it cost to do an ICO?

[12:12] Marketing troubles now that companies like Google, Facebook, and Twitter have shut down cryptocurrency advertising

[17:29] What's the minimum for an ICO?

[20:40] What do you actually spend the money on when you're raising money?

[22:46] How do you market ICOs when big companies are shutting you out?

[28:25] How you must always approach an ICO

Website:

www.CryptoconomySummit.com

Direct download: AMA_217_Shane_Liddell.mp3
Category:general -- posted at: 4:55pm EDT

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.

The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great inevstment that gets better over time with your locked in rate.

Key Takeaways:

[5:05] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs

[7:08] What kind of rates can you get today with 20% down?

[10:16] Are people still taking out adjustable rate morgages for investment properties?

[13:02] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow

[18:47] The inverse correlation between bonds and rates

[20:49] The best strategy ever is to lock in as many 30 year fixed rates as possible

Website:

www.JasonHartman.com/Properties

Direct download: AMA_216_Rate_Hikes.mp3
Category:general -- posted at: 10:53pm EDT

Jason Hartman welcomes William Cohan, New York Times columnist, special correspondent for Vanity Fair, former contributor to Bloomberg View, and author books such as Why Wall Street Matters, The Last Tycoons, and House of Cards.

William tells Jason his views on the Trump administration, why Donald has had a hard time draining the swamp and who really is to thank for the low unemployment rate and the steady economy.

Key Takeaways:

[1:13] The Trump administration, leverage and cleaning out the gears of the machine that is the US economy.

[7:24] A grand bargain with Wall Street would mean revamping much of its incentive system.

[13:40] Draining the swamp is harder to do than it looks.

[13:23] What we should expect out of the economy and employment.

Website:

www.WilliamCohan.com

Direct download: AMA_215_William_Cohan.mp3
Category:general -- posted at: 4:52pm EDT

In the final part of Jason's interview with Andrew Zatlin, the two take a look at whether the future of our economy is inflationary or deflationary. The two also look at the impact of technology on inflation, how it impacts the rental markets, and where the volatility in our economy will be in 2018.

Disclosure: this interview was recorded prior to the GOP Tax Reform being written and passed

Key Takeaways:

[1:17] The proof in the inflation pudding is shipping costs

[6:32] The economy is strong in the background

[8:16] Warehousing had a huge impact on the start of the internet

[10:55] When you reach the point where payroll and population growth are the same you don't get wage inflation

[15:20] When housing affordability is low and prices soften, the rental market strengthens

[19:15] Where 2018 volatility will come from

Website:

www.MoneyballEconomics.com

www.TheMoneyballTrader.com

Direct download: AMA_214_Andrew_Zatlin_2.mp3
Category:general -- posted at: 6:15pm EDT

In the first part of Jason Hartman's interview with Moneyball economist Andrew Zatlin, the two of them take a deep look at what's going on in the housing market through the lens that Andrew uses. He looks at hiring patterns of home builders, and has seen a distinct problem in their search for labor. So many industries are hunting for labor that it's creating a bottleneck.

The two also look at short-term rentals, hotel vacancies, the Fed's monetary policy, and what's creating the demand for housing.

Key Takeaways:

[1:16] Andrew likes to check in with companies about what they're doing in regards to hiring

[3:45] Home builders can't hire enough people right now. The bottleneck is labor because there's a LOT of competition for it

[6:42] One question we need to ask is: what's creating all this demand for housing?

[10:47] The environment today makes it more attractive to buy rather than rent

[16:37] Do short-term rental providers need to worry about oversupply?

[18:56] Hotel vacancy rates tipped into the negatives this past year because of short-term rentals exploding in popularity

[21:36] Demand will create supply, but sometimes supply can create demand

[25:27] The Fed is on a trajectory of tightening

Website:

www.MoneyballEconomics.com

Direct download: AMA_213_Andrew_Zatlin_1.mp3
Category:general -- posted at: 5:38pm EDT

Jason Hartman welcomes Connor Boyack, author of the Tuttle Twins children's book series, and founder of Libertas Insitute, to discuss the need for education about our rights and liberties to be taught to children at a young age. The Tuttle Twin series is aimed at taking important pieces of adult literature and distilling them into key points to emphasize in a way a child can understand.

Jason and Connor dive into subject matter including how government and powerful entities erode our freedoms through fear, whether cryptocurrencies will stick around for the long haul, and how we can actually act to improve our situation.

Key Takeaways:

[2:08] Critical thinking is on the outs in our society

[4:52] The way the system has been set up is totally rigged and takes too much effort to fully understand

[8:50] As a society we have no incentives to change our ways

[10:48] Connor's life as a prepper was not a healthy one, and why he likes cryptocurrency

[14:00] Jason doesn't believe cryptocurrency will truly catch on because it's a director competitor with central banks and governments

[18:14] Will governments shut down cryptocurrencies?

[21:16] The government is eroding our freedoms in the name of "protecting the little people"

[24:49] Some more subtle ways in which our fears are being used against us, such as avian flu, swine flu, Y2K, etc

[28:11] Europe has become a disaster through socialism, immigration, and political correctness

[29:39] Connor's long play to improve society

Website:

www.TuttleTwins.com (promo code "liberty")

www.Twitter.com/TuttleTwins

The flip side of having individual liberty is having personal responsibility and accountability

We are so acted upon, rather than acting

Direct download: AMA_212_Connor_Boyack.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Daniel Amerman, CFA, about the need for legitimate economic data and whether we can get any of that from the government. The two also take a deep look at our nation's rising debt and what that means for the US currency moving forward.

Key Takeaways:

[2:42] Daniel recently reverse engineered the Congressional Budget Office's long term economic outlooko

[6:32] Is the CBO a credible source of information?

[8:41] Technically there's no such thing as an unfunded liability

[13:47] What does a heavily indebted nation mean for the investor?

[15:57] "It's crucially clear that, when you have a $20 trillion national debt, that interest rates can't rise too much"

[19:48] Why Jason hates hedonic indexes

[23:39] There's a lot of inflation that we either don't see or we don't acknowledge

[28:12] A 2% higher rate of inflation is magic for maintaining financial solvency

[31:23] When everyone learned that stocks were the magic wealth building machine they bid the prices of stocks so high the dividends crashed, which ruined the wealth creation

[34:02] Daniel is a huge fan, not of income property, but of the mortgage

Website:

www.DanielAmerman.com

Direct download: AMA_211_Daniel_Amerman.mp3
Category:general -- posted at: 5:56pm EDT

In this 10th episode interview, Jason talks with serial entrepreneur Peter Sage, author of 5 Keys to Master Your Life, about his recent 6 month stay in jail and how he was able to use that as a teaching (and learning) experience for himself, the inmates, and his students.

The two touch on the importance of identity, the need for ego strength & ego drive, what drives people, and more.

Key Takeaways:

[2:29] Peter's latest "adventure" that landed him in jail

[6:55] Identity plays a huge part in how you deal with life

[12:46] Peter's idea of a "contrast frame"

[15:03] Why do people give up at the first sign of adversity? The difference between ego strength & ego drive

[17:14] Most people are driven by G.O.O.P.

[21:37] We need to learn how to love more

Websites:

www.PeterSage.com

Man's Search for Meaning by Viktor Frankl

Direct download: AMA_210_Peter_Sage.mp3
Category:general -- posted at: 12:00pm EDT

Fake news is abound in our country, and it's getting harder to figure out what to believe and what not to. David Mondrus, however, has founded Trive, which uses the blockchain to stop the spread of fake news through crowd sourcing.

Jason Hartman talks with David about how the blockchain is able to do that, why cryptocurrencies won't be shut down by the government, the transformation of Bitcoin, why Trive is releasing their own coin, and more.

Key Takeaways:

[1:51] How Bitcoin and Blockchain are related

[3:37] Is there more than one blockchain?

[10:25] Is this all just a bunch of fake work using vast quantities of energy?

[13:35] Bitcoin's transformation over the past few years

[16:08] Bitcoin represents a fundamental change in society

[17:35] Why government cryptocurrency won't be the one that succeeds

[21:51] The friction in money movement and why it's different with Bitcoin

[25:44] How blockchain can provide a way to avoid things like "fake news"

[30:20] Figuring out what news should be trusted BEFORE you consume it could stop fake news from happening

[31:56] Why Trive needs to release a new coin rather than using an existing one

[35:50] How the SEC is inserting itself into the cryptocurrency world

Website:

www.Trive.news

"Bitcoin represents a fundamental change to society equal to the printing press"

Direct download: AMA_209_David_Mondrus.mp3
Category:general -- posted at: 5:06pm EDT

Jason Hartman went on The Financal Survival Network with Kerry Lutz on October 16, 2017, to discuss what's going on in real estate around the country, if we're approaching the top of the market, what's happened to the banks that were "too big to fail", Blockchain technology, and more.

Host Kerry Lutz and Jason also take a dive into the mortgage crisis of 2008, and whether it could make a comeback in today's environment.

Key Takeaways:

[2:26] Where are the assets?

[7:02] Why it's important to remember that you can't hear the dogs that don't bark

[9:07] Too big to fail has gotten even bigger

[12:34] Jason saw the first part of the mortgage crisis coming, but didn't see the second part that involved Wall Street coming at all

[17:37] Blockchain technology is phenomenal, but it's not Bitcoin, which you HAVE to remember

Website:

www.FinancialSurvivalNetwork.com

www.JasonHartman.com

Direct download: AMA_208_Kerry_Lutz.mp3
Category:general -- posted at: 1:44pm EDT

Jason Hartman talks with Congressman Dr. Paul Broun about what's going on in Washington in regards to policy and the constitutionality of it all. This was recorded prior to the GOP Tax Reform bill passing, but Dr. Broun is a proponent of a tax system that's more in line with a flat tax.

The two discuss the irrational belief people have that the marketplace won't react to actions the government takes, as well as why the corporate tax rate needs to be reduced (and who that ultimately helps). They also discuss how to make change actually happen, and whether getting rid of the federal income tax is feasible and if it'd be harmful for the economy on the whole.

Key Takeaways:

[2:20] The major principle of most politicians is re-election

[5:37] It's unrealistic to think that people are going to stop voting for things that are in their immediate best interest

[12:32] Many people seem to not think about the fact that the marketplace reacts

[16:28] Corporations don't actually pay the corporate tax, it's the consumer who bears the weight

[22:04] Making change happen is very hard, everything has been going to the left for at least 50 years. Paul wants to get rid of a lot of federal departments

[25:33] Would getting rid of the federal income tax and moving to a sales tax harm the overall US economy?

Website:

www.PaulBroun.com

Direct download: AMA_207_Paul_Broun.mp3
Category:general -- posted at: 12:00pm EDT

HAPPY NEW YEAR!!! 2017 is in the rear view mirror and we're meeting 2018 straight on. Today, Jason Hartman talks with Danielle DiMartino-Booth, author of FED UP! and founder of Money Strong, about her thoughts on the new tax reform bill, whether the corporate repatriation will improve the economy, cryptocurrency, the US shrinking labor force and more.

Key Takeaways:

[1:29] Danielle's thoughts on the new GOP Tax Reform

[4:58] Share buybacks have slowed, why is that important?

[7:38] We have no idea what the unwind of the biggest experiment in monetary policy will look like

[10:29] Why the biggest bubble out there today is the confidence bubble

[11:24] Danielle's opinion of the cryptocurrency world today

[13:56] The best comparison for the cryptocurrency mania we see today

[17:14] The United States has had a shrinking work force for 20 years now

[18:10] We have GOT to change our education system so we can be competitive on the global stage

[20:19] Some bullet points about what Danielle will be discussing during her speech at Meet the Masters

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.DiMartinoBooth.com

www.Twitter.com/DiMartinoBooth

Tweets:

So much of this tax law depends on unicorns existing that I just don't know how much faith we can put in it

2017 has been a record run rate for quantitative easing globally

You can't tell me that anything is a storer of value that can lose 25% in a week

Direct download: AMA_206_Danielle_DiMartino_Booth.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman is proud to announce the latest addition to the 2018 Meet the Masters of Income Property event, Ken McElroy.

Ken is a Rich Dad Advisor and entrepreneur who is an expert in investment analysis, property management, and property development. He's responsible for over $700 million investment dollars in real estate.

Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant.

Website:

www.JasonHartman.com/Masters

www.KenMcElroy.com

Direct download: AMA_Ken_McElroy_Announcement.mp3
Category:general -- posted at: 11:23pm EDT

Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.

Key Takeaways:

[3:10] The 30,000 foot overview of the GOP Tax Reform

[5:06] Will this tax reform create a repatriation of wealth back to the US?

[8:56] The move that mobilized the GOP forces toward tax reform

[10:53] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals

[13:03] The standard deducation has been increased, which should increase the number of simple 1040s being filed

[16:04] The single largest revenue raiser in the entire bill

[18:16] The change in mortgage interest deductions could cause a dampening in the high end real estate market

[20:46] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul

[22:38] Pass-through businesses are getting a 20% deduction

[29:36] The accelerated bonus depreciation is enormous for real estate investors

[33:08] Changes to the 1031 Exchange rule

[37:12] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques

[39:00] 529 plans (education plans for children) can now be used to pay for private schools

[39:34] Some tax changes that were EXPECTED but didn't end up happening

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.IndigoSpire.com

Direct download: AMA_205_Ryan_Schellhous.mp3
Category:general -- posted at: 8:41pm EDT

Bitcoin is in the news, and there's an amazing rush on cryptocurrencies and seemingly a new coin coming out every day. So it's becoming more obvious that we're in a bubble.

But what's the real future of cryptocurrencies?

Jason Hartman talks to Tama Churchouse, co-founder of Churchouse Publishing Limited and lead cryptocurrency analyst at Stansberry Churchouse Research, about what's going on in the world of cryptocurrency. Tama explains the differences between things like Bitcoin and Etherium, and the two look into what the government's future role in cryptocurrency will look like.

Key Takeaways:

[1:14] Why is there a sudden runup in cryptocurrencies?

[5:53] The average transaction fee for Bitcoin is making it impossible to scale

[9:58] There are currently over 1,500 different cryptocurrencies with a market cap of around $520 billion

[11:54] There are currently protocols being written on the blockchain that you can buy into

[14:28] An explanation of "CryptoKitties" and how it can be applied to other avenues

[15:58] Etherium created a standardized token and how it's aiding in ICOs

[18:06] Etherium doesn't scale and is expensive to use, creating some serious drawbacks

[19:20] How Tama learned about cryptocurrency

[26:01] Is decentralized decision making really a good idea or will it just bog everything down?

[30:14] Cryptocurrency isn't really a great investment at the moment (perhaps it will become one), so what do we do with it today?

[32:34] Bitcoin mania has people declaring it a storer of value, but it takes at LEAST a generation to be able to make such a claim

[34:54] Will the government let cryptocurrencies go on (and can they even squash it if they try)?

[38:03] Tama believes 2018 will bring a wave of regulations on to cryptocurrencies

[40:52] How Tama would destroy Bitcoin if he really wanted to

[43:46] One cryptocurrency you SHOULD NOT BUY

Website:

www.StansberryChurchhouse.com

www.CoinMarketCap.com

"The government doesn't like competition in anything, especially currency"

"ICOs are, by far and away, Etherum's biggest proof of concept use case at the moment"

Direct download: AMA_204_Tama_Churchhouse.mp3
Category:general -- posted at: 9:39am EDT

Jason Hartman talks with Ed Mermelstein, founding partner of Rheem Bell & Mermelstein LLP, about what the GOP tax plan will likely do to foreign investment in US real estate. Ed describes how foreign investors are CURRENTLY investing in the US, and whether this plan will make the money flow in to the country or go running away to other countries. This impact will have especially large effects on big name markets like New York, San Francisco, and Los Angeles.

Key Takeaways:

[1:26] Will the proposed tax plan make the US real estate market more or less attractive to foreign investors?

[3:41] The typical business designation that foreign investors use

[6:15] Why some changes in deductions will effect investment in big cities like NY, LA, SF

[9:21] Which countries some of the major US markets get most of their foreign investment dollars from, and how the investors are using their properties

[13:24] Are any foreign governments buying US real estate?

[16:26] The US is in a sweet spot where European and Asian investors will invest, but it doesn't go overboard because of logistics like time differences and distance

Website:

www.RBMLLP.com

www.OneAndOnlyRealty.com

www.JasonHartman.com/Contest

Foreign investment tends to sometimes make the news in a negative manner, but we should also consider the benefits of foreign investment in the United States

Direct download: AMA_203_Ed_Mermelstein.mp3
Category:general -- posted at: 9:00am EDT

There seems to be a new cryptocurrency popping up every week, with markets being discovered, and new algorithms occurring all the time. There's a new player in town, however, and it's serving a market that so far has been avoided, and that's Christianity.

Jason Hartman talks with Luke Forstmann, co-founder of Christ Coin, about what his cryptocurrency is based on, how you get it, how their currency actually gives back to communities, and the plethora of ICOs (Initial Coin Offerings) that are popping up.

Key Takeaways:

[1:08] How the cryptocurrency craze now is similar to the internet craze in the late-90s, early 2000s

[3:42] What is an ICO (Initial Coin Offering), and when does it happen?

[8:52] What happened during Christ Coin's ICO?

[9:43] How do you set the initial price on something like Christ Coin?

[11:54] What is the LifeChange platform Christ Coin is utilizing?

[15:41] How do you get/earn Christ Coins?

[19:17] What it means when you buy Christ Coins, and how you can track its impact

Websites:

www.ChristCoins.io

www.LifeChange.io

www.CoinBase.com

www.Mercury.Cash

www.Bittrex.com


"It is ICO mania out there, and people are figuring out new ways to launch new companies using cryptocurrency & the ICO method"

Direct download: AMA_202_Luke_Forstmann.mp3
Category:general -- posted at: 9:00am EDT

2018's Meet the Masters event was already packed with great speakers like Jason Hartman, Garrett Sutton, Brian Smith, Danielle DiMartino-Booth, John Burns, and more. Today, Jason Hartman is proud to announce that former Congressman (and America's foremost advocate for liberyt) Ron Paul will be joining the fold to headline the event.

Ron Paul was most recently a Republican candidate for President in 2008 and 2012, and served in the US House of Representatives for Texas for more than 25 years in all. He is a critic of policies like the USA Patriot Act and has criticized the federal governments fiscal policies a multitude of times. He's also outspoken against Federal Reserve, and the US tax code.

Website:

www.JasonHartman.com/Masters

www.CampaignForLiberty.org

Direct download: AMA_Ron_Paul_Announcement.mp3
Category:general -- posted at: 10:25pm EDT

Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.

Key Takeaways:

[2:15] Compound interest can be a powerful tool against inflation.

[7:57] Engineers take an analytical approach to investing.

[10:07] After 18 years, $100,000 grow to 14 million.

[17:28] Jason explains a Deferred Sales Trust.

[21:24] If you are on the fence about investing talk with an investment counselor.

[32:18] Asset Protection is a complicated subject you should speak with a lawyer about.

[41:43] Resources for tax help.

Website:

www.JasonHartman.com/Properties

Meet the Masters of Income Property 2018

www.RealEstateTools.com

Compound Interest Calculator


"Opportunity cost is a cost most people don’t evaluate."

"When it comes to asset protection most people think about the internal threat, not the external threat which can be costlier."

Direct download: AMA_201_Clay_Slocum.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Bob Sutton, author of The A**hole Survival Guide: How to Deal with People Who Treat You Like Dirt, about how to deal with people who are a consistent bear and you can't avoid completely.

Sutton studies organizational change, leadership, innovation, and workplace dynamics. He has published over 150 articles and chapters in peer-reviewed journals, management outlets such as Harvard Business Review and the McKinsey Quarterly, and news outlets including The New York Times, Financial Times, and Wall Street Journal. His books include Weird Ideas That Work, The Knowing-Doing Gap (with Jeffrey Pfeffer), and Hard Facts, Dangerous Half-Truths, and Total Nonsense (with Jeffrey Pfeffer).

Key Takeaways:

[1:33] The reaction Robert got from his first book on "jerks"

[5:20] Some people seem to enjoy being mean down to their core, what does Robert make of the idea that women are attracted to bad boys like that?

[8:51] The "rhythym method" of dealing with jerks

[12:20] How you can pick the right time to fight back against jerks

[16:27] We're all slow to notice our own weaknesses

Website:

www.BobSutton.net

www.Twitter.com/Work_Matters

Direct download: AMA_200_Robert_Sutton.mp3
Category:general -- posted at: 10:12pm EDT

Adam Kokesh is an American libertarian who plans to run on the ticket for the 2020 election. His platform calls for a "new American revolution" and has announced plans to run with an eye on the "orderly dissolution of the federal government." His 2014 book FREEDOM! outlines his beliefs and philosophy.

Jason Hartman and Adam discuss his libertarian beliefs, and what exactly a dissolution of the federal government would look like, and if it's even feasible.

Key Takeaways:

[0:53] Who really needs government

[4:10] The great lie behind government

[7:52] How to go about cutting the size of government while maintaining order

[12:10] How you can minimize violence and theft by eliminating government and police

[16:46] Adam's proposed dissolution of the federal government

[17:40] The only executive order Adam would sign as President

Website:

www.TheFreedomLine.com

www.KokeshForNotPresident.com

Direct download: AMA_199_Adam_Kokesh.mp3
Category:general -- posted at: 9:00am EDT

If you want an early peak into a respected year end review, then you need to listen to what Professor David Collum has to tell Jason Hartman. The two discuss the dangerous situation that's being created by entities like the Fed and our own government that will lead to disasterous implications. The problem is, nobody knows when the can will be allowed to stop. We've been able to stave it off for years now, but the bill will come due at some point.

The two also look into the idea of "free speech" on college campuses and how to solve the intolerance shown by the left in that regard, as well as why Warren Buffett continues to lie about the equity market.

Key Takeaways:

[2:36] The merits of price gouging, and why price gouging laws are destructive

[5:40] The issue of free speech on college campuses, and whether it actually exists today

[10:11] If you want to solve the issue with students shouting down speakers, the administrators need to grow a backbone and punish the violators

[13:29] The metrics that show if equities are overpriced are fraudulent

"We shouldn't progress to the mean, we should regress to it, and that gets you to 60-70% regression."

[15:40] David is looking at a 50-70% reduction in the equities market

[18:50] What would happen to the economy if the Fed actually raised rates to something like 4%, and why it's a completely different world than when Voelker gave the economy its "hard medicine"

"Overvaluation is appreciation pulled forward, and undervaluation is deferred appreciation"

[22:40] Warren Buffett is a massive insider who likes to lie about the state of the market

Website:

www.Twitter.com/DavidBCollum

David Collum's Cornell Faculty Page

David's Previous Year End Reviews

Direct download: AMA_198_David_Collum.mp3
Category:general -- posted at: 12:56am EDT

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason Hartman to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents.

Key Takeaways:

[3:41] What does the spike in interest rates mean for investors?

[9:55] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[14:05] Local Market Specialists and Investment Counselors are always working in the client’s best interest.

[23:29] It’s important to get pre-approved for financing in today’s seller’s market.

[24:58] Jason hints about the location for the next Venture Alliance Mastermind.

Website:

www.JasonHartman.com/Properties

Grant's Interest Rate Observer

www.VentureAllianceMastermind.com

***The Property Tour Referenced in This Episode Has Passed***

"The Fed has weapons it can use to fix the economy and interest rates are one of those weapons."

Direct download: AMA_197_Interest_Rates.mp3
Category:general -- posted at: 1:58pm EDT

Tyler Sheff, host of the Cash Flow Guys podcast, invited Jason Hartman on his show to discuss the different market types in the USA, and got some tips on remote managing as well. Jason explains that the stigma behind buying homes sight unseen, as well as self managing properties a thousand miles away, has abated some due to the wonders of technology.

Key Takeaways:

[1:56] What Jason learned when he owned properties in 11 states

[6:52] Whether Tampa is a linear, hybrid, or cyclical market

[11:18] Our brains relation to the number 3 and how it relates to Jason's diversification strategy

[15:57] Jason's experience of beginning to self manage his remote properties

[18:30] When tenants are connected directly rather than through a property manager they tend to take care of more things themselves

[23:32] The need for standardized data when evaluating properties

Website:

Meet the Masters 2018

www.RealEstateTools.com

www.CashFlowGuys.com

Direct download: AMA_196_Tyler_Sheff.mp3
Category:general -- posted at: 8:00am EDT

Jason Hartman welcomes Economist Mike Norman to the show to discuss Modern Monetary Theory or MMT. Mike shares examples of common misconceptions people have of the US monetary system and economy, such as the US debt clock, that inflation equals growth, and how the tax system works. He believes that the US has an unlimited supply of capital and balancing the budget or functioning as a fixed monetary system would accomplish the opposite of what is needed to create growth.

Key Takeaways:

[0:55] Modern Monetary Theory (MMT) explains the value of money.

[3:54] A tax system is required to create demand for money.

[8:46] A fixed monetary system creates cycles of economic depressions and recessions.

[11:08] The US national debt is a summation of what is owned by the US and its constituents.

[18:39] A dollar must be created and pumped into the economy before it can be used to pay a tax debt.

[21:01] The US has an unlimited amount of new capital.

[26:28] There is a difference between inflation and growth.

Website:

Mike Norman on YouTube

Direct download: AMA_195_Mike_Norman.mp3
Category:general -- posted at: 7:00am EDT

Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.

Key Takeaways:

[1:15] Is the US a giant Ponzi scheme?

[4:21] Understanding the difference between pension benefit plans and contribution plans is essential.

[14:05] The financial service industry preys on retail investors.

[19:39] Harry Markopolos is waiting to capitalize on a market correction.

[25:59] Analyzing the patterns and mistakes of the middle-class investor.

[34:17] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.

[36:39] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.

Website:

Be Your Bank

The Wealth Standard Podcast

The Wizard of Lies

Venture Alliance Mastermind

Direct download: AMA_194_Patrick_Donohoe.mp3
Category:general -- posted at: 10:57am EDT

Jason Hartman and Richard Duncan continue discussing what Richard thinks will happen if the government stops supporting the global bubble, how the government can get back in the black on the spreadsheets, and why today is unique in terms of economic history.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[1:00] The rules completely changed when we ditched the gold standard and went to a paper money economy

[10:35] The winners in our new, global economy

[13:16] How governmental policy is driving the global bubble

[16:15] Never in human history have we seen what happens when the economy becomes global and money is printed in this abundance

[21:33] How we can pull our nation out of debt

Website:

http://BlackHorse.com.sg

The New Depression: The Breakdown of the Paper Money Economy

The Dollar Crisis: Causes, Consequences, Cures

Direct download: AMA_193_Richard_Duncan.mp3
Category:general -- posted at: 10:01pm EDT

Jason Hartman welcomes Richard Duncan for the first of a two-part conversation about what is driving the economy, and which mistakes could catapult the US into a recession.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[1:01] Richard Duncan has a unique, insider’s view of world economics and FIAT money.

[6:06] In the US, when credit grows less than 2% the US goes into recession.

[11:17] Creditism is the new Capitalism.

[13:37] Looking back at the policies which saved the world economy in 2008.

[19:35] It’s a very sensitive moment in the economy as the Fed is considering reversing quantitative easing.

[23:27] Globalization has changed the way the economic game is played.

Website:

http://blackhorse.com.sg

The New Depression: The Breakdown of the Paper Money Economy

The Dollar Crisis: Causes, Consequences, Cures

Direct download: AMA_192_Richard_Duncan.mp3
Category:general -- posted at: 12:00pm EDT

Jason talks with the co-founder of Reaganomics, Paul Craig Roberts. Together, they discuss some of the international threats that could face America, thanks to the recent actions from Washington. Specifically, they deal with issues of demography, currency and military developments in Russia and China and consider the potential impact of each of these on the United States.

Key Takeaways:

[1:55] The ruble should be strong in comparison to the dollar, and yet the ruble is risking collapse.

[5:49] The reserve currency status no longer seems as stable when we look at potential drops in use of the dollar.

[13:04] Paul Craig Roberts describes the US’s current position with regards to Russia and China.

[23:03] We’ve got a whole generation of people who now can’t afford to live on their own terms.

[25:56] The discussion moves to inflation and how it could transform the US economy.

[35:03] With so many problems, is there a solution?

Website:

www.PaulCraigRoberts.org

Originally recorded in 2014

Direct download: AMA_191_Paul_Craig_Roberts.mp3
Category:general -- posted at: 8:43pm EDT

Ever wonder why some people are liberals and others are conservative? Is there something different in their brain chemistry or is it just the way they were raised?

Dr. Rossiter is board certified in both general and forensic psychiatry. For more than forty years he has diagnosed and treated mental disorders, with a special interest in personality pathology and its developmental origins. He's also author of the book The Liberal Mind: The Psychological Causes of Political Madness, and talks about the belief that government can solve our problems and politicians have our best interests at heart.

Key Takeaways:

[2:18] The differences in mindset between liberals and conservatives

[5:38] Big government countries oppress religion because government needs to be the highest power

[9:56] Communist and socialist regimes have killed nearly 200 million people in the past century

[13:36] The people who describe themselves as caring are callous when they get power

[18:40] Politicians don't seem to have a grasp on obvious economic truths

[21:15] Adolescents need something to commit to and idealize things and people

[25:07] Big government is a great deal for the ruling class

Website:

www.LibertyMind.com

The Liberal Mind: The Psychological Causes of Political Madness

Direct download: AMA_190_Lyle_Rossiter.mp3
Category:general -- posted at: 8:15am EDT

Mark Meckler co-founded the Tea Party Patriots, and is also an author. On the show, Mark talks about his organization, self-governance, and why people hate the Tea Party movement so much.

Key Takeaways:

2:30 – The Tea Party founded was in 2009.

4:45 – Why is the Tea Party hated so much?

16:45 – What is an amendment convention? Mark explains.

21:50 – Congress passes board enabling acts and the regulators actually do the legislating. Mark and others are working towards stopping this.

25:40 – Elections are not enough, but with that said, we still need to vote.

28:05 – Would Texas become the Hong Kong of the United States?

31:00 – Remember, the larger the government, the smaller the citizen.

Website:

Tea Party Patriots: The Second American Revolution by Mark Meckler

The Liberty Amendments: Restoring the American Republic

www.ConventionOfStates.com

(Originally recorded in Nov 2014)

Direct download: AMA_189_Mark_Meckler.mp3
Category:general -- posted at: 8:11am EDT

In the early 1980s, Seth Merrin was an intern on Wall Street who saw ways the industry could change for the better. His first startup was an order management software that asset managers around the world use. He later created the company Liquidnet Holdings that allows institutional investors to trade large blocks of stock.

Jason Hartman caught up with Seth to talk about his newest book, The Power of Positive Destruction, and how business owners can take ideas from other industries and disrupt theirs.

Key Takeaways:

[0:46] The premise for the Power of Positive Destruction

[2:53] Taking things from one successful industry, and applying them to your different industry, can provide huge boons

[5:35] The positive destruction created by companies like Uber, Lyft, AirBnB, etc

[8:59] The art and science of launching a company

[12:24] How Seth applied the principles from his book on his own companies

[16:05] Whether Wall Street is swinging back toward being an institutional game, and how Seth's platform plays in that

[21:03] The idea of corporate responsibility, and how the proceeds from the book sales are going to help house the orphans of the genocide in Rwanda

Website:

www.PositiveDestructionBook.com

www.LiquidNet.com

"You either have a culture by design, or you have a culture by default. And you don't want to have a culture by default."

Direct download: AMA_188_Seth_Merrin.mp3
Category:general -- posted at: 4:11pm EDT

Jason and guest, Bob Filner, debate the Trump Administration, how the remiss government regulators are towards financial institutions, and the need for a complete reinvention of the Democratic party. As the former House Committee Chairman on Veteran’s Affairs, Bob Filner tackled Jamie Dimon and JPMorgan by threatening to press charges for their unethical treatment of military personnel by foreclosing on their mortgage loans. Mr. Filner was also the Mayor of San Diego and this interview comes on the heels of the release of his new book, Trumping Trump: Making Democrats Progressive Again.

Key Takeaways:

[:58] Bob Filner shares the purpose behind his book, Trumping Trump.

[3:26] Will the Tobin tax discourage trading and betting on non-asset based investments?

[5:20] Bob would like to rebrand the democratic party as the party of the working people.

[7:18] Bob threatened Jamie Dimon and JPMorgan for foreclosing on military personnel’s home while they were serving in active duty.

[13:20] It is pathetic how easily you can buy justice.

[14:12] Does the financial system need less or more regulation?

[24:21] The problem with the Trump administration as Bob Filner sees it.

[29:27] Trump’s policies could have a devastating affect on the US economy.

[31:23] What benefits the American worker more jobs and higher pay or low cost imported goods?

Website:

www.CongressmanBob.com

Trumping Trump: Making Democrats Progressive Again

Direct download: AMA_187_Bob_Filner.mp3
Category:general -- posted at: 8:39am EDT

In 2016 Jason was joined by Harry Dent, from Dent Research, to discuss the tax benefits you can get from moving to a US territory like Puerto Rico, some cyclical markets that are out of control, demographic problems around the world, inflation, and foreign investors in US real estate.

Key Takeaways:

[1:05] Harry's new home in Puerto Rico, and the tax benefits he can receive

[5:03] Vancouver real estate is out of control

[10:16] Japan's biggest problem is a demographic problem

[14:06] Previously Harry had predicted a drop in gold which hasn't happened, does he still believe it's going to go down or was he wrong?

[18:46] In a deflationary environment the only chance you have to make money is in yield, which can be found in linear markets with cash flowing properties

[24:07] Most foreign real estate investors are legally laundering their money out of their country

Website:

www.HarryDent.com

www.DentResearch.com

Direct download: AMA_186_Harry_Dent.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks to Yahoo Finance’s Jeff Macke about the impact of changing technologies, the perception of Doomsday skepticism and what underemployment means for those seeking jobs and those hiring. Macke also ways in on the inflation/deflation debate and discusses some of the points raised in his book Clash of the Financial Pundits.

Key Takeaways:

[1:39] Discrepancies between what we're told by the press and economic realities

[5:00] New technology and human resources can combine to end extreme inefficiency.

[8:10] Underemployment is a tricky issue when we have so many graduates with massive student debt who still can’t get a job.

[12:36] How many jobs will this new technology end up replacing?

[16:44] Investing with a belief in a Doomsday end is not a good idea

[18:04] Are we headed toward inflation or deflation?

[22:03] – There are two real ways of making money as a pundit: make other people money or just scare them.

[23:20] The gold-bugs focus so much on the math, but it’s just not all about math. We now have so many other factors that come into play, and we can’t forget about them.

Website:

Clash of the Financial Pundits by Jeff Macke

@JeffMacke

Update: Jeff Macke is no longer with Yahoo! Finance

Direct download: AMA_185_Jeff_Macke.mp3
Category:general -- posted at: 8:00am EDT

At some time or other, every asset class has been in a bubble. Whether it's the dot-com bubble of the 90s or the housing bubble in the 2000s, booms and busts are commonplace at this point. When they happen you have to make sure you're diversified and prepared for the downturn.

But what happens if it's not just one asset class? What if the bubble is...everything?

Mish Shedlock, economist and investment advisor at SitkaPacific Capital Management, talks with Jason about just this phenomenon, and provides some thoughts on ways you can protect yourself in the middle of this everything bubble.

Key Takeaways:

[2:57] Mish's Rule of Progress

[10:13] The Shiller P/E Ratio Chart and what it says about the market today

[11:58] The Buffett Indicator

[15:53] The Mish Shedlock investing thoughts for right now

[19:31] How asset inflation is leaving investors behind

[23:57] Some real estate price examples on the East coast that show the dangerous bubble we're probably in, and how policies are set up to aid the rich in their wealth creation

Website:

www.MishTalk.com

www.MishMoments.com

Direct download: AMA_184_Mish_Shedlock.mp3
Category:general -- posted at: 12:00pm EDT

New lending rules means new investment strategies for real estate investors. That's why it's important to keep up with what Fannie Mae is doing with loans. Jason calls in one of his lenders to find out what's changed recently and how that will effect what you're buying, and how you're buying properties.

Key Takeaways:

[1:45] Your first 10 properties can be purchased with only 20% down

[3:58] Rising interest rates mean you should lock in your rate sooner rather than later

[8:52] 85-90 days in the maximum time to lock in a rate.

[10:23] What loan level price adjustments to rate means

[12:37] The Trump administration may replace the head of the Consumer Financial Protection Bureau.

[17:30] The ease or difficulty of qualifying for a loan.

Website:

www.JasonHartman.com/Properties

Direct download: AMA_183_Better_Financing.mp3
Category:general -- posted at: 10:35pm EDT

Single-family homes sales rose in January. This has made income property inventory low. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration.

Key Takeaways:

[0:44] Inflation induced debt destruction by way of a mortgage.

[2:51] Jason explains how the government manipulates inflation numbers through hedonic adjustment.

[10:19] The ultimate investing equation.

[17:38] Anything that does not produce income is not an investment.

[19:29] Cash and bonds are destroyed by inflation.

[21:31] The IRS does not account for inflation.

[24:45] During deflationary periods people default on their loans.

[27:08] If you have a corporate job you are paying more taxes than the self-employed.

Website:

www.JasonHartman.com/Properties

Direct download: AMA_182_Asset_Matrix.mp3
Category:general -- posted at: 3:57pm EDT

Bubbles abound in the world of investing, and today is no different. Jason welcomes Harry Dent, author of The Sale of a Lifetime, about what's going on today in the stock market, real estate market, political world, and worldwide economic statuses. Harry points out what nation in Europe that reminds him of Japan before their massive downturn, and gives Jason a rundown of what to look for BEFORE you see a bubble burst.

The two look at what you might actually want to be investing in when the bubble bursts.

Key Takeaways:

[4:42] The massive bubble that is Chinese real estate

[12:46] Why Harry studies 80-250 year cycles when the world is rapidly changing today

[15:31] Examining the Trump rally

[24:02] Why Jason hates the Case Shiller Index

[28:14] The phases of a housing crash

Website:

www.HarryDent.com

Direct download: AMA_181_Harry_Dent.mp3
Category:general -- posted at: 12:59am EDT

For this 10th Episode, Jason goes off topic and welcomes William Poundstone, author of the new book, Head in the Cloud: Why Knowing Things Still Matters When Facts are So Easy to Look Up. Mr. Poundstone is also the author of the New York Times best-selling books, Fortune’s Formula: The Untold Story of Scientific Betting System that Beat the Casinos and Wall Street, Priceless: The Myth of Fair Value and How to Take Advantage of It and Gaming the Vote: Why Elections Aren’t Fair and What We Can Do About it.

Key Takeaways:

[1:12] William explains the premise of his latest book, Head in the Cloud.

[5:03] Having a general knowledge of baseline facts and the Dunning-Kruger effect have humbling assets.

[7:28] The larger a person’s vocabulary is akin to their ability to think.

[11:12] How does America stack up on the map of ignorance?

[13:43] Americans will vote for judges with less ethnic sounding names if they don’t know the candidates.

[19:51] The Kelly Formula informs a user of the optimal amount you should be putting on each bet or investment.

Website:

www.William-Poundstone.com

Direct download: AMA_180_William_Poundstone.mp3
Category:general -- posted at: 9:04pm EDT

Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services, explains to Jason the changes in consumer, investor, and executive sentiment numbers in the home and job market. While we don't know exactly why the economic is experiencing such a resurgence, Frances does attribute at least some of it to the potential policy changes Trump is looking to bring.

Frances and Jason also discuss pent up real estate demand, and how student loan debt is impacting that.

Key Takeaways:

[0:57] Investor sentiment gives a positive outlook for the US economy

[3:39] Is Trump the cause of the economic forecast?

[4:56] Rising interest rates present a challenge for the housing market

[7:57] Trump is inspiring confidence in companies all across the country

[9:38] Real estate investment is a small part of the total economy

[14:30] There are two true drivers of rental housing

[16:47] The housing and rental markets are not currently in their natural order

[20:26] The importance of demographics in relation to wage growth

Websites:

www.JohnHancock.com

@FrancesDonald

There are fewer multipliers to growth from a rental market than there are from a housing market.

Direct download: AMA_179_Frances_Donald.mp3
Category:general -- posted at: 8:39am EDT

Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer’s Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions.

Key Takeaways:

[1:20] The Western Civilization has a new business model and social contract

[5:57] Some of Trump's support came because middle class white voters are experiencing a decline in their life expectancy

[9:13] What does the US economy look like under a Trump presidency?

[10:27] James' latest book, The Breaking Point, examines the relationship between drug companies and the food industry.

[14:19] Some business savvy for our politicians would help them out a lot

[18:00] Bernie Sanders and Karl Marx share some similarities

[20:02] Fake capital lets people borrow money practically for free

[27:26] We can't keep passing the buck down generation after generation

[31:22] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century

[37:27] Chile has provided most of the copper used by the Chinese

[40:48] We are staring into the face of the biggest economic crisis in history

Website:

The Breaking Point: Profit from the Coming Money Cataclysm

www.SovereignSociety.com

Direct download: AMA_178_James_Davidson.mp3
Category:general -- posted at: 12:00pm EDT

The housing market is always on a pendulum, but where are we now? Self driving cars are going to be changing the dynamics of our society, but are they going to push more people into the city or have more people moving to the suburbs? Jason Hartman and Matt Slepin, President of Terra Search Partners, discuss what is going on in real estate today, and how our changing environment is impacting real estate in the future.

Key Takeaways:

[2:36] Where Matt thinks we are in the business cycle, and whether we've overbuilt apartments

[6:49] The issues going on in the retail and office investment markets, and why apartment investing makes more sense these days

[11:13] The rise of the autonomous vehicles and how they will change the real estate demand equation

[15:29] What does Urban Land Institute do and what issues are being discussed?

[19:22] What Matt has learned in his real estate podcast

[22:51] Two conflicting trends in property management

Website:

www.TerraSearchPartners.com

Direct download: AMA_177_Matt_Slepin.mp3
Category:general -- posted at: 10:47pm EDT

The Trump administration will bring changes to the real estate market. Legislation and regulation changes could help small and medium size banks while also increasing the amount of lending done by the biggest banks. Jason Hartman talks with Bob Pozen, Senior Lecturer at MIT's Sloan School of Management and former Associate General Counsel for the SEC, about these things, and what is realistic to expect under President Trump. Bob is author of Extreme Productivity and Too Big to Save.

Key Takeaways:

[2:11] Legislation that may be changed through banking system while Dodd-Frank is left as is.

[5:50] Small and medium sized banks need regulation relief

[7:33] Fannie Mae and Freddie Mac are having problems because they were never made public or private

[11:13] FHA and VA insure all mortgages made by banks

[11:55] Real estate prices will rise as money flows into the market

[14:46] Rising rates will bring a temporary increase in home purchases, but will level off soon thereafter

[15:28] Pozen was chosen by President Bush to join a bipartisan commission to strengthen Social Security.

[17:00] Security and Exchange Commission has constraints regarding employees working for corporations after their service.

[19:22] Getting to the gist of Bob Pozen’s book Too Big to Fix.

[21:59] Peer-to-Peer lending is pretty much unregulated.

[23:38] As the economy strengthens banks should lend more.

Websites:

www.BobPozen.com

Direct download: AMA_176_Bob_Pozen.mp3
Category:general -- posted at: 10:42pm EDT

Doug Casey is a (successful) speculator, a libertarian philosopher, and a best-selling author. He has a reputation for his sometimes controversial insights into politics, economics, and investments. His speculation is often called "rational speculation", and he's one of the authorities on the matter, and is highly regarded in the high-potential natural resource sector.

Doug's new book, Speculator, is a venture into fiction, a departure for him. Jason Hartman and Doug discuss the new book, how to be an international man today, and real estate all over the world.

Key Takeaways:

[1:45] A quick rundown of Doug's new book Speculator

[4:40] Speculator is the first in a series, and has some main topics that Doug explores.

[8:35] Doug's book International Man made him semi-famous and is the most sold book in Rhodesian history

[12:30] The world's move toward the singularity

[15:50] The scam that is college education and tuition

[20:20] Diversifying yourself internationally

[24:20] Is the world flat now?

[29:00] We're at the beginning of the next crash while riding the tail of the previous crash

Website:

www.CaseyResearch.com

Speculator: High Ground


"The economy is falling apart again, but this time it's going to be much different, and much worse"

Direct download: AMA_175_Doug_Casey.mp3
Category:general -- posted at: 9:00am EDT

It might look like a children's book, but Goodnight Obama is more than just that. It's an important reminder that parody is critical in this day and age.

Dr Jerome Corsi is author of Goodnight Obama, and is also head of the Washington, DC News Bureau for Alex Jones and Infowars.com. The two discuss his newest book, as well as what Jerome is expecting out of President Trump, and where we are in the business cycle.

Key Takeaways:

[1:10] The idea behind Jerome's Goodnight Obama book

[6:41] Whether people who didn't vote for Trump are going to be pleasantly surprised when they realize what he's doing in office

[17:30] What Trump means when he talks about "infrastructure spending" isn't what most liberals think

[21:46] According to the idea of business cycles we're due for a recession. Is it going to hit Trump, will he avoid it, or is the idea of a business cycle outdated?

[24:23] The USA return to a carbon based economy

Websites:

www.WND.com

@Jerome_Corsi

www.GoodnightObama.com

Direct download: AMA_174_Jerome_Corsi.mp3
Category:general -- posted at: 4:20pm EDT

Tevi Troy, President of American Health Policy Institute and former Deputy Secretary of the US Department of Health and Human Services, joins Jason Hartman to discuss his newest book Shall We Wake the President?: Two Centuries of Disaster Management from the Oval Office.

The two take a look into the history of American presidents handling of disasters, as well as trying to look at our current president, Donald Trump, to see if there are any signs as to how he might handle a disaster. Jason also probes the former Deputy Secretary about how the Republicans might actually be able to craft a replacement for Obamacare that the Democrats might actually support, and that would actually improve our system.

Key Takeaways:

[1:07] The best and worst presidents at handling disasters

[4:43] How Tevi thinks Donald Trump will handle disasters

[7:20] The newness of Trump's cabinet to politics could create a problem if there's an early disaster during his presidency

[10:29] How pop culture impacts presidents

[13:05] Tevi outlines a path that he believes Republicans should take to get a new healthcare bill passed

[16:10] How Trump's participation in pop culture might play a role in his presidency

Website:

www.TeviTroy.org

@TeviTroy

Shall We Wake The President?

Direct download: AMA_173_Tevi_Troy.mp3
Category:general -- posted at: 8:00am EDT

Just before the election, Jason Hartman talked with Bill Ayers, a retired Professor of Education, contributor to academic journals, and an original member of the Weather Underground. Bill has written several books, including his newest, Demand the Impossible! A Radical Manifesto. Jason and Bill discuss eight major points from his book, and look into what the US can do to right itself.

Key Takeaways:

[1:28] Demand the Impossible calls for Americans to release their imaginations and consider the impossible.

[3:51] The eight issues addressed in Bill Ayers’ Demand the Impossible! A Radical Manifesto.

[5:06] Privatized prisons are destroying America. The US has 20% of the prisoners in the entire world.

[6:50] What does public safety look like for free people in a democratic society?

[9:09] You can't label Bill has a tax and spend liberal

[12:28] The US needs a massive education reform

[21:14] Democratic and the Republican parties agree on war and Wall Street, but little else.

Website:

www.BillAyers.org

www.HaymarketBooks.org/pb/Demand-the-Impossible

Direct download: AMA_172_Bill_Ayers.mp3
Category:general -- posted at: 8:00am EDT

The market is moving and it seems to be moving in the right direction for real estate investors. The historical average for appreciation for single family homes is ~6% nationwide. If you are already an income property investor, the good news is rents may be pushing upward. Jason’s guest today is the author of the new book, Global Shocks: An Investment Guide for Turbulent Markets. Nick Sargen is Senior VP and Chief Economist at Fort Washington Investment Advisors. He is a former economist at Morgan Guaranty trust, Salomon Brothers, Prudential Insurance and JP Morgan. He shares his insights about how the markets will react to a Trump presidency.

Key Takeaways:

[1:05] President-elect Trump may lead the US with a pro-business stance.

[4:33] Trump is a spender which could lead to higher interest rates.

[5:45] Nick Sargen worries about Trump’s trade issue.

[9:41] Budget deficits do not mean inflation.

[12:08] Trump will be a pro-growth, real estate president.

[15:00] The market is moving with the belief that all of Trump’s policies will promote growth.

[17:50] Diving into the Global Shocks: An Investment Guide to Turbulent Markets book.

[20:24] How to capitalize on a bubble.

[24:08] Financial institutions have led the way during the current stock market rally.

Website:

Nick Sargen

Global Shocks

Direct download: AMA_171_Nick_Sargen.mp3
Category:general -- posted at: 6:10pm EDT

Jason Hartman talks with Kare Anderson about the nuances of human communication. Kare is an Emmy award winning journalist, reporting for such outlets as NBC, Wall Street Journal, Forbes, and the Huffington Post.

Kare's TED Talk on becoming an opportunity makers has over a million views, she's a co-founder of 9 PACs, and author of such books as Mutuality Matters and Moving From Me to We. She's considered an expert on connective behavior.

Key Takeaways:

[2:32] What does connective behavior mean?

[4:49] Simple ways for people to connect include getting specific sooner, showing warmth before competence, sitting sidle and walking.

[7:33] Create a bigger pie when someone is attacking you.

[8:49] Don't let other people determine your behavior, plan your own course first

[9:27] A connective leader has the most clout.

[12:05] Look for something you like about someone and keep it in mind every time you see that person.

[16:28] How do journalists like Kare Anderson get people to open up and provide a fuller, richer story during an interview?

[19:50] How did the Bruce/Caitlyn Jenner and Diane Sawyer handle their roles during the interview?

[25:44] To have a meaningful and accomplished life means being grounded and truly listening to other people.

Website:

www.SayItBetter.com

“Getting specific sooner means giving the important details first.”

Direct download: AMA_170_Kare_Anderson.mp3
Category:general -- posted at: 9:16am EDT

Jason Hartman talks with Nick Adams, founder and Executive Director of FLAG, the Foundation for Liberty and American Greatness. The two take some time to discuss Nick's bestselling book, The American Boomerang: How the World’s Greatest Turnaround Nation Will Do It Again. They also delve into their expectations for Trump's presidency, and Nick explains why he's of the belief that Trump very well might be a great American president for the next 8 years.

Key Takeaways:

[1:51] The American Boomerang details what Nick thinks an American Renaissance needs to actually take place

[3:41] Nick is a proud Trump supporter, and started reading Trump's work when he was 11 and read The Art of the Deal

[7:40] The Tall Poppy Syndrome does not apply in the US.

[12:12] American is considered exceptional in the world culturally, militarily, economicly, and scientifically

[15:31] Consumer confidence needs to improve to ramp up the economy

[16:30] 5 key elements America needs to get an economic boomerang

[20:18] What should we expect in President Trump's 4 years?

Website:

www.flagusa.org

Direct download: AMA_169_Nick_Adams.mp3
Category:general -- posted at: 10:04pm EDT

Jason Hartman talks with Dr. Robert Johnson, President and CEO of the not for profit American College. Dr Johnson has written Invest with the Fed: Maximizing Your Portfolio Performance by Following Federal Reserve Policy, Strategic Value Investing, and the study What to Expect When You’re Electing. The two men investigate market strategies, how one party controlling Congress and the Presidency does to the economy, and how asset classes react to interest rate changes.

Key Takeaways:

[3:08] The reforms the Republican party could bring while controlling two branches of the government

[6:34] Invest with the Fed analyzed how asset and equity classes perform during different interest rate environments.

[9:22] Stock market growth is higher when democratic presidents are serving or when there is political harmony.

[12:00] Long-term perspectives show the economy and the stock market move forward together.

[14:40] The best strategy is a long-term market strategy.

[16:19] Equity real estate investment trusts perform very well during rising rate environments.

[18:14] Will the cost of small business financing go up under a Trump administration?

[21:00] Is this time going to be different?

Website:

www.theamericancollege.edu

Direct download: AMA_168_Robert_Johnson.mp3
Category:general -- posted at: 4:22pm EDT

Jason Hartman talks with James Adams, former Waffle House employee and analyst. His new book, Waffle Street: The Confessions & Rehabilitation of a Financier, tells of his time working on Wall Street during the housing market crash. After exiting the modern version of organized crime that is Wall Street, James got a job at Waffle House. His time there led him to write his book (now movie starring Danny Glover).

James explains the central banking system, the ramifications of printing money, and which major nation the next crisis might wipe out.

Key Takeaways:

[1:25] James' original title for the book

[5:02] While some areas of the book are dramatized, the crisis was on a bigger scale than anyone could imagine.

[6:25] Haphazard underwriting and an improbable US housing decline made many US financial institutions to reassure clients until the crash happened

[9:23] The ripple effects of leverage because of how out of whack rent to home price ratios were

[12:05] James fears the treasury balance sheets of G8 countries could be the cause for another meltdown.

[14:23] Central banks are creating electronic liabilities.

[16:10] What needs to be done to the banks before we can even begin to solve our underlying problems

[21:59] Printing money works until it doesn't

[22:38] Japan has many factors that are working against their long term success

[23:58] Are options on Japanese debt a good idea?

[26:05] The Waffle Street film is trending well on Netflix and is experiencing good distribution.

[27:10] James has another movie and works as a Senior Research Analyst

Website:

http://www.wafflestreetmovie.com
https://twitter.com/wafflestmovie

Direct download: AMA_167_James_Adams.mp3
Category:general -- posted at: 4:22pm EDT

Jason Hartman and Ed Conard, founding partner of Bain Capital, discuss the current economic situation facing America. Conard is the author of Unintended Consequences: Why Everything You’ve Been Told About the Economy is Wrong, and The Upside of Inequality: How Good Intentions Undermine the Middle Class. The conversation includes discussion on CEO pay, the tech industry, and the impact of current regulations on competition in the marketplace.

Key Takeaways:

[1:28] Ed the tremendous growth Bain Capital was able to achieve while he was there with Mitt Romney

[3:30] Bain Capital offered clients the ability to invest in capital management and management supervision deals

[5:07] Bain Capital also used a higher risk strategy, which allowed them to capitalize on investments in undervalued assets.

[7:21] The Upside of Inequality explores the American workers productivity

[12:18] The US economy is accelerating and the Fortune 400 continues to have turnover, which are both good signs for our country

[14:47] CEO pay may grab headlines, but it may not be quite so outlandish

[19:36] Tech companies pay less taxes and have fewer regulations

[21:22] Profitability in the tech sector continues to grow

[22:23] There's a profitability squeeze in most of the economy

[24:45] Trained talent and risk tolerance are the limiting factors to growth in this new economy.

Website:

www.EdwardConard.com
www.twitter.com/edwardconard

Direct download: AMA_166_Ed_Conard.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman and one of his clients, Gary Pinkerton discuss an article from Vox.com called "27 Charts That Will Change How You Think About the American Economy". The reporter of the story notes that productivity, demographics, and inflation have all changed in the US economy in the past few years. The two looking into what it means for real estate investing if people continue working past social security mandated ages, what kinds of work opportunities are available to people, and how Americans spend thrift ways (combined with the lack of real wage growth) have left many unable to purchase a home.

Key Takeaways:

[3:40] How Gary became a fan and follower of Jason

[5:57] Timothy Lee's article on Vox.com, "The 27 Charts that will change how you think about the American economy"

[10:07] The service industry provides a key indicator in regards to the American standard of living

[13:59] Labor force numbers have been on the decline since 2000

[16:30] The main areas of the country that are showing growth are urban

[21:05] Timothy shows inflation-adjusted home prices in chart #19

[26:18] Construction costs have not kept up with housing prices

[30:42] American retirement is no longer a set definition

Websites:

www.VentureAllianceMastermind.com
www.vox.com/new-money/2016/10/10/12933426/27-charts-changing-economy

Direct download: AMA_165_Gary_Pinkerton.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman talks with Daren Blomquist, Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM’s award-winning Housing News Report. The two look into the impact our new President, Donald Trump, could have on real estate investing, how he might change the economy, and what sort of regulations (or lack thereof) that might impact our investing future.

Key Takeaways:

[1:43] A Trump presidency's impact on real estate investors and our economy

[5:55] Lack of wage growth has caused affordability issues

[8:46] Housing bubbles tend to be created by lower interest rates

[11:33] Housing prices continue escalating while home ownership has dropped to a 50 year low

[15:43] What impact would repealing Dodd-Frank have?

[19:11] ATTOM’s Housing News Report article explains the phenomenon of big banks running away from the mortgage business

[20:16] October 2016 saw a continued increase in foreclosure activity

[24:29] The promised $1 trillion infrastructure investment will help real estate investors.

[25:36] Get the Housing News Report free for a year by emailing marketing@attomdata.com and mention "Creating Wealth"

Websites:

http://www.realtytrac.com
http://www.realtytrac.com/news/tag/marketing-list
http://www.attomdata.com

Direct download: AMA_164_Daren_Blomquist.mp3
Category:general -- posted at: 1:20pm EDT

Jason Hartman talks with Andrew Wright, CEO and Managing Partner at the commercial real estate firm Franklin Street. Andrew has been involved in over $1 billion in real estate and finance transactions, as well as more than $800 million in debt resolution since 2009.

Jason and Andrew discuss how commercial real estate has had to adjust to the changing social dynamics, and where you might best be investing your money today.

Key Takeaways:

[1:20] What to expect from our first real estate president

[4:44] Retail centers have had to substantially change thanks to the internet

[8:16] Warehouse and delivery industries have seen a boon because of the internet bringing in things like same day shipping

[12:39] Andrew gives his opinion on how much more room we might have to grow

[16:48] Andrew dissects the current cap rate availability for commercial real estate

[18:53] The 1 investment Andrew loves today

Website:

www.franklinst.com

Direct download: AMA_163_Andrew_Wright.mp3
Category:general -- posted at: 12:21am EDT

Jason Hartman talks with Ed Martin, former President of The Eagle Forum and former Chairman of the Missouri Republican Party, about the conservative case for Donald Trump.

Jason and Ed discuss the vision they believe Trump has, the willingness to do what's right for America, how America can fix our trade issue, and the dangers of the establishment like the Clintons represent.

Key Takeaways:

[1:45] Whether we need a conservative case for Trump when many of his former stances seem liberal

[4:32] Where Ed stands on free trade

[8:47] The difficulty of creating a level playing field between nations when discussing trade

[13:10] Why we need someone to come in and shake things up

[16:40] The Clintons as the status quo

Website:

www.eagleforum.org
The Conservative Case for Trump

Direct download: AMA_162_Ed_Martin.mp3
Category:general -- posted at: 10:52pm EDT

James D. Kuhn is President of New York City’s Newmark Grubb Knight Frank commercial real estate advisory firm. James joined Jason Hartman to discuss the impending Trump presidency. They discussed everything from what it could mean for everything from real estate markets to the potential for inflation in the US. Without a political record to look back on, if Trump properly handles trade policies and corporate initiatives, he could spur job growth in struggling communities.

Key Takeaways:

[2:03] Trump could have a serious impact on real estate

[6:12] Trump's trade policies will definitely create winners and losers

[11:19] James wholeheartedly believes the link between the lower and middle class benefiting from job growth is education.

[14:14] Online college should be accessible to all and cheap

[16:14] Real estate investors are having trouble finding value even before the election

[19:00] When will the Fed decide the US is ready to handle some inflation?

[20:42] Real estate is the last great investment opportunity

[23:09] Never forget, thou shall not gamble in real estate investing

Websites:

www.ngkf.com

Direct download: AMA_161_James_Kuhn.mp3
Category:general -- posted at: 6:19pm EDT

Dan Millman has written 17 books, including his new book “The Four Purposes of Life”. He opens up about the special life calculator which uses numbers from your birth date to help illuminate your life path.

Dan is a former world champion athlete and martial arts instructor who, after a 20 year spiritual journey founded the Peaceful Warrior's Way. His work was even transformed into a feature film starring Nick Nolte, called "Peaceful Warrior".

Key Takeaways:

[2:05] Dan's journey while writing The Four Purposes of Life

[4:09] What are the Four Purposes of Life?

[6:26] Expanding on Purpose #4 – Attend to the arising moment

[11:55] What impact increasing your quality of presence can have on your life

[13:35] Purpose #1 – being graceful while learning the lessons of life

[17:31] Purpose #2 – Your career and your calling aren't necessarily the same thing

[20:45] Purpose #3 – Discover life’s path

[25:25] The purpose of Dan's books

[26:05] 12 required courses in the school of life

[27:40] Dan's contact information

Website:

Everyday Enlightenment

The Four Purposes of Life

Direct download: AMA_160_Dan_Millman.mp3
Category:general -- posted at: 10:34pm EDT

Jason Hartman was joined by Joel B. Pollak as they discussed his new book: See No Evil, 19 Hard Truths the Left Can't Handle. Joel is Senior Editor-at-Large and In-House Counsel at Breitbart News in Los Angeles, California, and also Editor of Breitbart California.

Before coming to work with Breitbart.com founder Andrew Breitbart, he ran for Congress as a Republican, Tea Party-backed candidate in his home state of Illinois. He was also a Research Fellow at the Hudson Institute, focusing on human rights and international law.

He holds law and bachelor's degrees from Harvard University, and a masters degree from the University of Cape Town. Joel has two other books: The Kasrils Affair: Jews and Minority Politics in Post-Apartheid South Africa (University of Cape Town Press, 2008), and Don't Tell Me Words Don't Matter: How Rhetoric Won the 2008 Presidential Election (Self-published, 2009).

He is a contributor to Canada's Sun News Network, and a frequent guest on Fox News and CNN.

Key Takeaways:

[1:56] The liberal intolerance

[6:15] The monologue vs the dialogue media, and how it looks in regard to liberals and conservatives

[10:10] Why government funds any form of media

[13:35] How people refuse to talk about violence in movies, video games, and other liberal media

[18:00] The relabeling and redefining serious issues, and why words matter

[22:00] The debate about climate change, and how the left wants population control to protect resources, and why we should view people as the resource to solve the problem

Websites:

www.twitter.com/joelpollak
www.breitbart.com

Direct download: American_Monetary_Association_159_Joel_Pollak.mp3
Category:general -- posted at: 3:52pm EDT

Jason Hartman talks with Arthur Margon, partner at Rosen Consulting, about Chinese investments in the United States, the state of real estate in the USA and more in this episode. Arthur recently co-authored a report with the Asia Society on the topic of Chinese Investment in U.S. Real Estate

Arthur is in charge of Rosen Consulting's New York office and has more than 20 years experience in real estate consulting and market analysis. He has developed securitization models, restructured bank loan portfolios, and served as an independent fiduciary in a major pension fund reorganization.

Key Takeaways:

[1:20] What's happening with Chinese investors in USA real estate at the moment

[4:30] Whether the Chinese government wants to discourage investment abroad or not

[9:20] How bad the slowdown in China actually is

[12:50] How China's crackdown on corruption, and the change to a consumer economy has impacted both China and the rest of the world

[16:50] What the next 10 years look like for China as they try and do a number of things economically which no government has been able to pull off

[21:30] Why a war with China makes no sense for anyone, and what sort of thing would actually spark an incident

[24:10] Arthur's real estate forecast for the USA

Website:

www.rosenconsulting.com
Free Asia Society Report: Breaking Ground: Chinese Investment in US Real Estate

Direct download: AMA_158_Arthur_Margon.mp3
Category:general -- posted at: 10:44pm EDT

Dr. Nima Sanandaji is the president of the ECEPR. He has written more than a hundred policy papers on subjects ranging from integration and womens career progress to the changing geography of successful enterprise and the future of jobs. He is the author of the new book Debunking Utopia, Exposing the Myth of Nordic Socialism.

Key Takeaways:

[2:00] Why the left might want to rethink pointing to the Nordic countries as examples of socialism

[7:50] How much bringing the free market to Nordic countries in the late 19th century changed them, and when the shift to the welfare state began

[11:30] Comparing the Nordic people to Nordic Americans to see who has it better

[15:10] How Nordic countries achieved what they needed BEFORE they became welfare states

[20:20] Who Nima's desired audience is, and why

[23:15] Who really lost when the welfare state expanded

Website:

www.ecepr.org
www.nordicparadox.se

Direct download: AMA_157_Nima_Sanandaji.mp3
Category:general -- posted at: 3:10pm EDT

Jason Hartman talks with Mark Anthony Hammond, host of the Make America Great Again podcast, before the election, about the sensation that is Donald Trump and why he is so popular among the voters. Mark's podcast (since ended due to unforseen circumstances) was the only podcast dedicated to the idea of "Make America Great Again".

Key Takeaways:

[2:10] The explosive growth of the #MAGA podcast

[7:20] How feminism has been such a bad deal for women

[11:55] Why globalism is a disease

[16:10] How Obama has given domestic terrorists legitimacy

[20:15] How Democrats treat minorities worse than dogs, and how they're able to fool them

[25:20] How Bernie and Trump supporters are similar

Website:

MAGA Podcast on iTunes

Direct download: AMA_156_Mark_Hammond.mp3
Category:general -- posted at: 8:00am EDT

Thomas A. Schatz is president of Citizens Against Government Waste (CAGW) and its lobbying affiliate, the Council for Citizens Against Government Waste (CCAGW).

Mr. Schatz is a nationally-recognized spokesperson on government waste and has been interviewed on hundreds of radio talk shows from coast to coast.  He is a regularly featured guest on national television news programs and local news broadcasts.  His appearances include ABC’s “Good Morning America,” CBS’s “60 Minutes,” FOX News Channel’s “The O’Reilly Factor,” NBC’s “Nightly News,” and PBS’s “The News Hour.”  He was a regularly featured guest on the "Pork Watch" segment of CNBC’s "Squawk Box."  His editorials on fiscal policy have appeared in publications nationwide, including The New York Times and The Wall Street Journal.

Mr. Schatz has testified numerous times on government waste issues before committees of the United States Senate and House of Representatives, as well as before state and local legislative and regulatory bodies.

During his 30 years with CAGW, Mr. Schatz has helped make CAGW a “leading government watchdog on fiscally conservative issues, like taxes and earmarks,” according to National Journal. He has been named one of the “top lobbyists” in Washington for the past six years by The Hill. The newspaper also cited CAGW for its leading role in successfully pushing for the congressional earmark moratorium, which was identified as one of the “top 10 lobbying victories” of 2010.

Prior to joining CAGW in 1986, Mr. Schatz spent six years as legislative director for Congressman Hamilton Fish Jr. and two years practicing law and lobbying.

Key Takeaways:

[1:37] This years pork report

[4:00] What Congress has done with spending bills that is creating less transparency and less trust in the system

[8:02] The difference that having a business person in the White House rather than a lawyer/politician might make

[11:55] If people are actually paying attention to local politics

Website Mentioned:

www.cagw.org

Direct download: AMA_155_Tom_Schatz.mp3
Category:general -- posted at: 9:08pm EDT

Chuck Dixon is a well-known, freelance graphic novel writer who has worked on the Batman series for 11 years for DC, adapted the Hobbit to a comic and adapted the new book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich with hopes of disseminating the information to an entirely new audience. Jason and Chuck talk politics, journalism or the lack of it and conspiracy theories.

Key Takeaways:

[1:19] Peter Schweizer’s Clinton Cash was adapted into a comic book by Chuck Dixon so the information could reach a wider audience.

[3:01] The Clintons have patterns of behavior which do not bode well for democracy.

[5:26] No one will come forward to rat on the Clintons because they reward loyalty.

[7:27] The Clinton’s relationship with Vladimir Putin allowed Russia to have holdings in uranium mining in the US.

[14:51] Chuck has always wanted to be in comics and spent 11 years doing Batman books for DC Comics.

[19:31] Chuck was required to prove that the characters in his comic book actually represented real things said by the Clintons.

[23:07] Real journalism in non-existent in the US today.

[28:29] Contact information for Chuck Dixon.

Mentioned in This Episode:

Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich

Chuck Dixon on Facebook

Direct download: AMA_154_Chuck_Dixon.mp3
Category:general -- posted at: 8:00am EDT

Christian Stadler is a Professor of Strategic Management at the Warwick School of Business, strategy contributor to Forbes magazine and is author of the book Enduring Success: What We Can Learn from the History of Outstanding Corporations. He offers his thoughts and insights about the perception vs. reality of Brexit, immigration and Jason’s second favorite subject, the self-driving car.

Key Takeaways:

[2:12] Economists agree that Brexit is not a good economic idea, here’s why.

[6:04] It could also be more difficult more difficult to battle terrorism with open borders.

[15:29] Current political positions are considerably right compared to the former government.

[16:58] Immigration is still considered a good thing for the country who accepts the immigrants.

[27:53] Poor immigrants can understand markets and create products that others don’t.

[24:06] Talking points of the possible benefits of the self-driving car.

[29:21] Contact information for Christian Stadler.

Mentioned in This Episode:

http://www.christianstadler.org

Direct download: AMA_153_Christian_Stadler.mp3
Category:general -- posted at: 4:44pm EDT

Dr. Thomas DiLorenzo is a Professor of Economics at Loyola University Maryland Sellinger School of Business, a Senior Fellow at Mises Institute, a columnist for Lew Rockwell  and author of the new book, The Problem with Socialism. He joins Jason to discuss the problems Socialism creates for the poor and shares examples of how Socialism has failed other countries around the globe.

Key Takeaways:

[1:55] What is the problem with Socialism?

[5:58] Breaking down the scheme of demonizing a class and the belief that taxing the rich will save an economy.

[10:28] The truth about Sweden is when they moved towards Socialism there were no new jobs created for 55 years.

[12:42] Examples of how welfare programs harm the poor by creating a vicious cycle of dependency.

[15:43] How does Socialism cause pollution?

[19:07] Raising the minimum wage was designed to support higher wage union workers.

[23:40] Big corporations have always been behind creating regulations as a way to create monopoly power.

Website Mentioned:

The Problem with Socialism
www.lewrockwell.com

Direct download: AMA_152_Thomas_DiLorenzo.mp3
Category:general -- posted at: 10:48pm EDT

Jack Cashill  is an independent writer and producer and, on a contractual basis, the Executive Editor of Ingram’s Magazine.

In addition to his work with Ingram’s, Jack has written for Fortune, The Wall Street Journal, The Washington Post, The Weekly Standard, AmericanThinker.com, and regularly for WorldNetDaily.

Within the last decade Jack has written seven books of non-fiction — First Strike, Ron Brown’s Body, Hoodwinked, Sucker Punch,What's the Matter with California, and Deconstructing Obama. Three of his books have cracked Amazon’s top ten list. Jack has produced a score of documentaries for regional PBS and national cable channels, including the Emmy Award-winning, The Royal Years.

Jack has a Ph.D. from Purdue University in American studies, has taught media and literature at Purdue and at Kansas City area universities, and served as a Fulbright professor in France

Key Takeaways:

[2:38] Jack's thoughts on the Brexit

[4:15] Who the base of the left are these days

[7:19] Where the breakthrough came in terms of creating a culture that would create a long term, successful economy

[9:40] Where the contempt for our culture is derived

[13:05] How greed pervaded all layers of our culture in the 2008 housing crisis, not just the lenders like the media portrayed

[16:33] How the Jewish code and the usury ban led to a helpful (but not exactly healthy) relationship between the two

[19:30] Whether the bible conflicts when it comes to credit

[21:50] What we need to make capitalism succeed

[23:31] Why we need to question the root cause of things, not just address the symptoms, or else we end up hurting the people we're trying to help

[26:16] What actually happened with TWA 800

Website Mentioned:

www.cashill.com

Direct download: AMA_151_Jack_Cashill.mp3
Category:general -- posted at: 12:37am EDT

Andrea Tantaros worked as a spokesperson for Massachusetts Governor William Weld, then-Congressman Pat Toomey and former National Republican Congressional Committee Chairman Thomas Reynolds. She started Andrea Tantaros Media, which provided crisis management and media strategy consulting to Fortune 500 companies and political campaigns.

Tantaros joined Fox News Channel in April 2010 as a political contributor. In 2011, she was named one of the co-hosts of The Five. After only several months airing, The Five consistently beat its competitors on MSNBC and CNN combined and, by 2013, it was the second-most-watched program in all of cable news. Her popularity led to her being named one of the hosts of Outnumbered in 2014.

Andrea is now author of the book Tied Up in Knots: How Getting What We Wanted Made Women Miserable, and talked with Jason about the book and the state of affairs between men and women today.

Key Takeaways:

[1:16] If feminism backfired

[4:09] How an increase in women's responsibilities and work life have been somewhat offset by health issues

[5:39] The hook up culture and the death of romance

[7:32] Andrea believes there are liberals out there who are calling for a return to tradition

[11:18] How the idea of a "sisterhood" among all women is a sham

[14:01] If "50 Shades of Gray" set feminism back any

[18:26] Some feminist beliefs have hurt men who want to help and protect women

Websites Mentioned:

Tied Up in Knots: How Getting What We Wanted Made Women Miserable

Direct download: AMA_150_Andrea_Tantaros.mp3
Category:general -- posted at: 12:48am EDT

Chris Versace is the co-founder and Chief Investment Officer of Tematica Research and the editor of Tematica Investing, a subscription newsletter that utilizes a thematic approach to investing that that capitalizes on my near 20 years in the investment industry.

He is also the co-author of Cocktail Investing: Distilling Everyday Noise into Clear Investment Signals for Better Returns.

Key Takeaways:

[2:05] Whether recent elections are to be considered a mandate against Obama

[5:30] One of Chris' favorite investment themes today

[9:38] Where inflation is going to hit first

[12:26] How robotics is changing everything

[13:26] The stock sector Chris is really excited about

Websites Mentioned:

www.chrisversace.com

Direct download: AMA_149_Chris_Versace.mp3
Category:general -- posted at: 8:00am EDT

Roger Stone is an alternative historian who was one the legendary American Republican political consultant who has played a key role in the election of Republican presidents from Richard Nixon to Ronald Reagan to George H.W. Bush and George W. Bush. Stone also served as an assistant to Senator Bob Dole. Stone is the author of "The Man Who Killed Kennedy - the Case Against LBJ". Stone is also the author of Nixon's Secrets, a broader look at the rise and fall and rise and fall and final comeback of Richard Milhouse Nixon.

Key Takeaways:

[2:21] Comparing Richard Nixon with Barack Obama

[5:42] The importance of Nixon's China trip with the closing of the gold window

[8:12] Making the case that Lyndon Johnson was the linchpin of the JFK assassination

[11:44] LBJ and the Warren Commission

[12:13] Lee Harvey Oswald's role in the JFK assassination

[15:17] The possibility of Hillary's run for president in 2016

[18:01] The problem that continues to remain for America, the weakness of the dollar

[19:34] How the Republicans could use a weaker economy for a resurgence

Website Mentioned:

www.stonezone.com

Direct download: AMA_148_Roger_Stone.mp3
Category:general -- posted at: 12:43am EDT

Avik Roy is a senior fellow at the Manhattan Institute. He is also the opinion editor at Forbes, and has advised Florida Sen. Marco Rubio on policy. In 2015, Roy was a senior advisor to former Texas governor Rick Perry; in 2012, he served as a health care policy advisor to Mitt Romney. He is the founder of Roy Healthcare Research, an investment research firm, and previously was an analyst and portfolio manager at Bain Capital and J.P. Morgan. Roy is the principal author of The Apothecary (the Forbes blog on health care policy and entitlement reform), as well as author of Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency (2014) and How Medicaid Fails the Poor (2013). His research interests include the Affordable Care Act, universal coverage, entitlement reform, international health systems, veterans’ health care, and FDA policy.

Key Takeaways:

[1:34] Avik's "near universal" healthcare idea

[3:52] How the government could spend less money than we spend today, yet cover more people with better coverage

[6:47] How much of an impact breaking up regional medical clinic monopolies could have on healthcare costs

[8:56] Why it matters that we don't know how much our insurance is paying for medical care

[10:58] How Medicaid is failing

[13:26] Why we have to think of healthcare like any other market, and not some unique part of society

[15:14] The shocking revelation that for as much as the government spends on Medicaid, it might not actually be helping people

[17:28] The best way to understand Donald Trump

[20:20] How closing the border would lead to rising wages

Websites Mentioned:

www.twitter.com/avik
www.forbes.com/opinion
www.facebook.com/forbesaroy

Direct download: AMA_147_Avik_Roy.mp3
Category:general -- posted at: 4:22pm EDT

Paul Vigna is a markets reporter for The Wall Street Journal, covering equities and the economy. He writes for the MoneyBeat blog and hosts a daily news show of the same name.

Michael J. Casey writes for The Wall Street Journal, covering global finance in his “Horizons” column. He is a frequent contributor to the Journal’s MoneyBeat blog and co-authors the daily “BitBeat” with Paul Vigna. He is the host of the book-themed video series “WSJ Afterword” and a frequent guest on and host of “The News Hub” and “MoneyBeat.”

Paul and Michael are co-authors of the new book "The Age of Cryptocurrency".

Key Takeaways:

[1:12] How Bitcoin and other cryptocurrencies are challenging the world order

[3:14] How money not backed by a government is possible

[5:17] Anyone can make a cryptocurrency, including governments

[6:58] How you can set up your own cryptocurrency

[9:30] The issue of concentration of ownership in Bitcoin and how it can be made more democratic

[12:16] If governments will use regulation to end cryptocurrency but how it would be pretty hard to do

[15:52] Decentralized exchanges and the Block Chain can be used for things such as copyrights, and how the Block Chain makes your claim irrefutable, and how you can do it

[18:58] Don't think of this as a currency, but rather an exchange of information

[22:16] What, if anything, the average person should be doing with cryptocurrency right now

[22:58] Different potential ways to invest in cryptocurrencies

Websites Mentioned:

www.theageofcryptocurrency.com
www.wsj.com

Direct download: AMA_146_Vigna_Casey.mp3
Category:general -- posted at: 6:57pm EDT

Mary Spio is Chief Visionary & Product Architect at CEEK VR. She started her career as a Deep Space Engineer working with companies such as Boeing Digital Cinema, Intelsat and Aerospace Corp developing technologies that have changed media and communications. Through her ventures she's provided technical guidance and content solutions for over 200 radio stations, Microsoft XBOX, Tribune News Company, Coca Cola, Toyota and much more.

Every once in a while something comes along with the potential to shift the way we do things, as a Digital Cinema pioneer at Boeing, she had the rare opportunity to help create the technology that changed the entire movie distribution paradigm working with Lucas Films, 20th Century Fox and other major studios. From there she pioneered an online video distribution platform that became the defacto standard for many media companies and brands to distribute their content digitally. And now…here she is again building what she believes will be the standard for mixed reality content creation and distribution CEEK.

Mary talks with Jason about where virtual reality is now, where it's going and what it all means for the individual.

Key Takeaways:

[2:28] How quickly technology in the virtual reality world is changing

[4:57] The best VR technology on the market today

[6:31] The difference between virtual and augmented reality

[9:34] Mary describes a virtual reality experience

[12:17] How CEEK has had to meld their new technology with existing file types

[15:35] The consumer readiness of VR technology and how phones might be the first things targeted

[18:05] How Mary got into the VR world

[20:56] The entry cost for VR technology

Website:
www.ceek.com

Direct download: AMA_145_Mary_Spio.mp3
Category:general -- posted at: 10:54am EDT

JC Watts is a former Congressman from Oklahoma, President of Feed the Children, co-chair of the Coalition for AIDS Relief in Africa, founder and Chairman of JC Watts Companies and Watts Consulting Group. He's also the author of the new book Dig Deep: 7 Truths for Finding the Strength Within.

In Dig Deep, J.C. Watts offers seven powerful maxims that have kept him grounded throughout his roller-coaster career from star college quarterback to U.S. Congressman. The first black Republican ever elected to a leadership position in Congress, Watts resisted the rat-race of Washington and eventually declined re-election. His seven simple principles are a blueprint for living a fulfilling and meaningful life without falling to the temptations of reckless ambition or indulgence. Dig Deep is a powerful, simple guide that will help readers find the courage and faith to live the best life possible.

Key Takeaways:

[6:13] The need for more tax payers, and how you create that

[10:43] Why adversity can be good for us, as long as we're willing to change

[14:05] Why "we've always done it this way" isn't good enough anymore

[17:00] JC's work with Feed the Children

[19:45] How forgiving can set you free

[23:18] An unfortunate series of events leading up to JC's first elected office that taught him an important lesson in forgiveness

Websites Mentioned:

www.wattsconsultinggroup.com
Dig Deep: 7 Truths to Finding the Strength Within

Direct download: AMA_144_JC_Watts.mp3
Category:general -- posted at: 2:24pm EDT

Henry Olsen is an elections analyst and political essayist who studies conservative politics, both here and abroad. He looks at election returns and poll data to understand why people vote the way they do and how conservative politicians and thinkers can best advance their ideas in the climate they face. Olsen is a senior fellow at the Ethics and Public Policy Center. Prior to that, he was a vice president at the American Enterprise Institute, a vice president at the Manhattan Institute, and president of the Commonwealth Foundation. He has also been a lawyer at the firm currently known as Dechert, a clerk for the Honorable Judge Danny J. Boggs on the Sixth Circuit U.S. Court of Appeals, a staffer for the California Assembly Republican Caucus, and an associate at the political consulting firm of Hoffenblum-Mollrich. Olsen graduated with a B.A. in political science from Claremont McKenna College, and received his J.D. from the University of Chicago Law School. His new book is called The Four Faces of the Republican Party.

Mr. Olsen has worked in senior executive positions at many center-right think tanks. He most recently served from 2006 to 2013 as Vice President and Director, National Research Initiative, at the American Enterprise Institute. He previously worked as Vice President of Programs at the Manhattan Institute and President of the Commonwealth Foundation.

Key Takeaways:

[4:22] Why more funding hasn't solved our educational systems woes

[9:05] The odd discrepancy of how technology hasn't driven down the cost of college education

[14:32] Examining the Bernie Sanders tax plan

[19:29] The Republican candidates tax plans

[23:39] Why moving to a European style society might hurt the people who are down right now but want to get back on their feet

[25:18] Trump's laughable tax plan

Websites Mentioned:

www.henryolsenpolitics.com

www.twitter.com/henryolseneppc

The Four Faces of the Republican Party

Direct download: AMA_143_Henry_Olsen.mp3
Category:general -- posted at: 6:16pm EDT

Jeffrey Lord, a former Reagan White House political director, is a columnist and contributing editor for The American Spectator. He is a graduate of Franklin and Marshall College in Lancaster, Pennsylvania. His work has been published around the country, including The Wall Street Journal, The Los Angeles Times, The Weekly Standard, National Review Online, The Philadelphia Inquirer, The Pittsburgh Post-Gazette and The Harrisburg Patriot-News.

He is also the author of the new book "What America Needs: The Case for Trump". Jason and Jeffrey recently talked about if a Trump presidency was actually possible, and, if it was, what it might actually look like.

Key Takeaways:

[1:48] How the media has portrayed Trump and the misportrayals of Trump supporters

[4:11] The dangers of political correctness

[7:46] The condescension of people toward Trump supporters and how Trump and Ronald Reagan have something in common

[9:23] The history of liberal smear tactics

[12:07] How a conservative like Jeffrey ended up a CNN contributor

[13:27] What the average Trump supporter ACTUALLY looks like

[14:54] What draws people to Trump

[15:34] Why the details don't matter

[20:35] The KKK relationship with the Democrats

[21:52] Contrasting what Trump is suggesting doing with the Muslim nationalization process to what FDR did following Pearl Harbor to Japanese, Germans and Italians

[24:25] How Trump reminds Jeffrey of a certain Eddie Murphy character

[27:07] How Trump is using his media savvy to run his campaign on the cheap

[30:51] What a Trump presidentcy might look like

[33:10] The economy that comes from having a tough guy in the Oval Office

Websites Mentioned

What America Needs, The Case For Trump on Amazon

Direct download: AMA_142_Jeffrey_Lord.mp3
Category:general -- posted at: 12:31am EDT