American Monetary Association (general)

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 EST

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 EST

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 EST

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 EST

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 EST

Richard C. Wilson is CEO of The Miami Family Office, a $500M AUM single family office. Richard is also the founder of Wilson Holding Company which employs over 30 professionals and produces over $10M a year in revenue through various operating businesses which include Billionaire Family Office and The Family Club, the largest membership-based family office association (FamilyOffices.com), along with holdings in the training, single family office management (SingleFamilyOffices.com), investment conference, search, data research, physical bullion, private equity (PrivatEquity.com), food, and energy industries.

Richard has spoken at over 150 conferences in 17 countries and has the #1 bestselling book in the family office industry, The Single Family Office: Creating, Operating, and Managing the Investments of a Single Family Office.  Richard has his undergraduate degree from Oregon State University, his M.B.A. from University of Portland, and has studied master’s level psychology through Harvard’s ALM program while previously residing in Boston.

Key Takeaways:

[2:20] Why you should care about what people worth $20+ million are doing with their money

[4:13] Some important terminology for dealing with family offices

[6:35] Looking back at some of the original family offices and the changes that have taken place since then

[10:49] Why there's a need for family offices

[14:11] How the middle class investor can take the framework of a family office and use it to fit their situation

[16:26] A key strategy you can take from family offices of the ultra-wealthy

[19:24] What sorts of holdings the family offices have

[22:56] Why the US is the haven for the ultra-wealthy

[26:26] Family offices, surprisingly, sometimes even go after distressed markets

[27:38] How you can find a family office to partner with in your deals

Websites Mentioned:

www.familyoffices.com

Direct download: AMA_141_Richard_Wilson.mp3
Category:general -- posted at: 8:53pm EST

Chris Dancy is touted as “the Most Connected Man on Earth,” and the world is watching those connections carefully. For 25 years, Dancy has served in leadership within the technology and healthcare industries, specializing in the intersection of the two.

Chris entered the public dialog concerning digital health as the media started to focus on wearable technology. He earned his moniker by utilizing up to 700 sensors, devices, applications, and services to track, analyze, and optimize his life--from his calorie intake to his spiritual well-being. This quantification enables him to see the connections of otherwise invisible data, resulting in dramatic upgrades to his health, productivity, and quality of life.

A noted keynote speaker and executive workshop retreat facilitator, Chris guides organizations and audiences on a journey--a disruptive, breathtaking journey--into the future of computing, when behavior becomes the ultimate interface.

Key Takeaways:

[3:27] Every major corporation is surveilling you, they just have a different name for it to make it sound better

4:27] Chris tells Jason how he went about starting to collect data on himself and how he decided what to do with it

[7:13] How Chris' background as a Database Analyst led him to be able to collect all his data on himself

[9:07] The one piece of equipment that's already doing tracking for you, whether you know it or not

[10:29] How categorizing your purchases by feeling rather than type can change the way you view your habits

[11:35] Wanting to collect data is good, but data isn't very high on the food chain of your life

[12:28] The internet is turning into the INNERnet

[14:06] What could cause the death of apps

[16:42] As technology improves, we're heading towards devices that can track anything we want, from blood oxygen to reading blood with spectral imaging

[18:29] How marketing could be changed as companies are able to get more and more data about our lives and the one place on Earth that's ALREADY doing this

[20:02] The new world of data collection and surveillance is new and, admittedly, scary

[21:00] Whether we should be optimistic or pessimistic about the direction we're headed with technology and surveillance

[23:11] What is singularity and how far off it might be

[24:45] The people who are going to be the most important as we move into quantum computing

Websites Mentioned:

www.chrisdancy.com
www.twitter.com/chrisdancy

Tweetables:

[6:32] "there's this interesting relationship about our lives when you experience everything through a connected interface, that you realize there's filtered information that you can benefit from"

[8:03] "We're entering an age very rapidly, in the next 4 years (and I'd say we're already, it's done), where you can't afford to live without the internet"

[18:08] "Disney's probably the most surveilled, convenient, safe space on Earth"

[19:57] "People don't have the ability to not weaponize facts, and we live in a world full of facts and data"

Direct download: AMA_140_Chris_Dancy.mp3
Category:general -- posted at: 1:42am EST

John G. Taft is CEO of RBC Wealth Management in the U.S. Mr. Taft is responsible for RBC's wealth management growth strategy in the U.S. which consists of helping clients achieve their financial objectives through a full- service wealth management offering (investment management, retirement planning, cash management, credit and lending, insurance trust, estate planning and other solutions); and enhancing the productivity of financial advisors and relationship managers in RBC's Private Client Group, Correspondent Services, Advisor Services and U.S.-based international businesses.

Mr. Taft has worked in financial services since 1981. He has served as Chairman-Elect and Chairman of the Securities Industry and Financial Markets Association (SIFMA), the leading securities industry trade group representing securities firms, banks and asset managers in the United States. He is an industry thought leader who frequently speaks at government and industry events and who is widely quoted in the media. He is also executive sponsor of the firm's PRIDE group, representing the interests of LGBT employees and clients.

He is the author of “A Force for Good: How Enlightened Finance Can Restore Faith in Capitalism,” for which Mr. Taft gathered more than 20 industry leaders to share their fresh perspectives on creating solutions for positive social outcomes and a sustainable financial future. He is also the author of "Stewardship: Lessons Learned from the Lost Culture of Wall Street," which explores the importance of stewardship as a core principle.

Jason talks with John about the state of the financial services industry today, what it COULD be, and how we can get it there again.


Key Takeaways:

[4:10] Why Wall Street falls into the cycle of corruption at least once every generation

[5:22] If anyone actually goes to work on Wall Street to help people

[6:39] John gives a surprise example of a country whose financial sector is doing what we want ours to do, but with a lot fewer financial institutions

[7:33] Why financial services institutions actually exist (hint: it's not to make money for the share holders)

[8:56] Why the original reasoning for Wall Street is so important, and where you can look today to prove that it's still true

[10:22] The important fact about capitalism that gets lost in the income inequality discussion

[12:37] Real markets vs the expectations market and the importance of keeping them separate

[15:36] Trying to find a solution to the reoccurring financial services industry problems, whether that be more regulation, less regulation, or something out of left field

[18:11] The "Future of Finance" initiative being done by the Charter Financial Analysts to try and bring morality back into the financial services industry

[19:03] Why the term "financial innovation" doesn't have to make you cringe and shield your wallet

[20:48] RBC Wealth Management's views on their belief that we're in a long term secular bull market for equities

Websites Mentioned:

www.cfainstitute.org
Robert Shiller's book - Finance and the Good Society
www.rbcwealthmanagement.com

Direct download: AMA_139_John_Taft.mp3
Category:general -- posted at: 5:09pm EST

Cheryl Bachelder is the author of the new book "Dare to serve: How to Drive Superior Results by Serving Others". Cheryl has served as CEO of Popeyes Louisiana Kitchen, Inc. since 2007. Ms. Bachelder has led a remarkable turnaround of the company’s financial results with a compelling strategic roadmap for growth and an inspiring purpose and set of principles. The results – industry leading performance for the franchise owners and the shareholders. Ms. Bachelder has more than 35 years of experience in brand building, operations and public-company management at companies like Yum Brands, Domino’s Pizza, RJR Nabisco, The Gillette Company and The Procter & Gamble Company.

At the time of Ms. Bachelder’s 2007 appointment to CEO, Popeyes’ guest visits had been declining for years, restaurant sales and profit trends were negative. The company stock price had dropped from $34 in 2002 to $13. The brand was stagnant, and relations between the company and its franchise owners were strained. Ms. Bachelder and her team created a workplace where people were treated with respect and dignity yet challenged to perform at the highest level. Silos and self were set aside in favor of collaboration and team play. And the results were measured with rigor and discipline.

By 2014, average restaurant sales were up 25 percent, and profits were up 40 percent. Popeyes’ market share had grown from 14 percent to 21 percent, and the stock price was over $40. In 2012, Ms. Bachelder was recognized as Leader of the Year by the Women’s Foodservice Forum and received the highest industry award, the Silver Plate, for the quick service restaurant sector, presented by the International Food Manufacturer’s Association. She was also recognized as a 2012 Nation’s Restaurant News’ Golden Chain Award recipient.

Key Takeaways:

[4:23] Why the mom and pop restaurants seem to be fading away and being replaced by franchises

[6:52] How restaurants are starting to implement analytics and technology to get ahead in the marketplace

[10:19] How Popeye's is starting to forecast demand of their customers

[12:20] What a $15 minimum wage would mean to companies like Popeye's

[17:18] How having Louisiana roots has led to Popeye's differentiate from the competitors

Websites Mentioned:

www.cherylbachelder.com
www.daretoserveleaders.com

Direct download: AMA_138_Cheryl_Bachelder.mp3
Category:general -- posted at: 11:22pm EST

Chris Martenson, PhD (Duke), MBA (Cornell) is an economic researcher and futurist specializing in energy and resource depletion, and co-founder of PeakProsperity.com (along with Adam Taggart). He is also author of the book "Prosper!: How To Prepare for the Future and Create a World Worth Inheriting" As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar: The Crash Course which has also been published in book form (Wiley, March 2011). It's a popular and extremely well-regarded distillation of the interconnected forces in the Economy, Energy and the Environment (the "Three Es" as Chris calls them) that are shaping the future, one that will be defined by increasing challenges to growth as we have known it.

Key Takeaways:

[4:22] How Brazil's debt and dropping commodity prices are destroying the nation

[8:10] Japan's population peak and what will become of their nation once all the youth leave

[12:21] What would actually happen to our economy if we actually normalized interest rates

[19:26] How exposed banks might be because of their use of derivatives

[24:57] Unsustainable trends that are going to have to stop, but when will the ball drop?

[30:52] Why Chris has been out of the market for a few years and when he'll consider getting back in

[34:00] The coming robotic revolution and how it will reshape our society

[37:12] What's going to happen by 2030 that should really make us consider what we're investing in as a country

[40:35] Why emotional capital is going to be so important moving forward

Website Mentioned:

www.peakprosperity.com

Direct download: AMA_137_Chris_Martenson.mp3
Category:general -- posted at: 11:57pm EST

Eric is from Detroit, Michigan.  He was politically interested from an early age, and in the late 1960s, he began to follow political developments through magazines and the Wall Street Journal. In 1976, he attended a speech in Detroit by economist Milton Friedman. It happened to be the day that Friedman was awarded the Nobel Prize in Economics.

From late 1973 to early 1976, Eric worked running drill presses at Detroit Broach and Machine where he was a member of the United Steelworkers of America, Local 7489. Eric’s direct political activities began in 1976 with a contribution to the Libertarian Party presidential campaign of Roger MacBride. Eric read about the sweeping regulations of campaign activities based on the 1974 Federal Election Campaign Act amendments, which were sold as a response to Watergate.  Their actual intent, and the result, was to handicap challengers and therefore entrench incumbents.  Many aspects of the law were ruled unconstitutional in the 1976 Buckley v. Valeo decision, but unfortunately the Supreme Court decided to rewrite the law rather than reject it.

Eric is currently a part of The Wisconsin Club for Growth and Citizens for Self Governance.

Key Takeaways:

[4:07] How governmental resources are being used to shut down political speech

[9:13] The impact of Citizens United and the truth behind it

[14:06] How we can stop the entrenched politicians and impose term limits

[20:31] The monologue vs dialogue media

Websites Mentioned:

www.selfgovern.com

Direct download: AMA_136_Eric_OKeefe.mp3
Category:general -- posted at: 1:16am EST

Real estate was not Marshall’s first business avenue. At the age of 14 he started a successful vending business, growing to over 400 machines in 4 years. In college, Marshall ran a lawn-mowing business, servicing over 200 foreclosed home through a government contract with the Veteran’s Administration.

In September of 2014 Marshall Saunders sold his half ownership of RE/MAX Results to his business partner to pursue his interest in community funded real estate. Marshall was a Broker/Owner in RE/MAX Results since October 2008, in which time the company doubled its number of agents and offices and grew to become the largest RE/MAX franchise in the world. Before being Broker/Owner, Marshall was a Sales Executive with RE/MAX Results for 10 years, specializing in investment property, corporate relocation, and transitioning first-time homeowners from renters to buyers.

Key Takeaways

[4:29] How crowdfunding is changing the rules of investing

[8:04] How the Jobs Act changed over 100 years of law and changed everything

[13:13] If crowdfundings growth and use in real esate will push prices higher

[19:02] Why banks might just end up loving clients who use crowdfunding

[21:56] How crowdfunding investments with real estate would look

[24:53] Why banks seem to let homes go into foreclosure rather than helping borrowers


Websites Mentioned:

www.saundersdailey.com

Direct download: AMA_135_Marshall_Saunders.mp3
Category:general -- posted at: 12:20am EST

John Addison has been engaging and inspiring audiences with his relatable leadership message for more than two decades.  As former Co-CEO of Primerica, John has worked side by side with many of the titans of American business: Art, Williams, Sandy Weill, Jamie Dimon, Bob Lipp, Pete Dawkins, and Joe Plumeri – to name a few. John has a magnetic stage presence and is highly sought after as a public speaker.

Key Takeaways:

[5:31] The biggest competition Primerica faces as they target the middle class workers

[9:23] How complicated your financial future actually needs to be

[14:20] Buying homes and avoiding "ghost houses"

[18:26] How John was able to take Primerica public in the time of no IPOs

[24:58] John's views on the economy today and how the middle class' views of the system are impacting it

[30:51] How reactions to bad events grow the government and how we should maybe look at it instead

[34:58] The challenge to America that no politicians are talking about right now

Websites Mentioned:

www.johnaddisonleadership.com

Direct download: AMA_134_John_Addison.mp3
Category:general -- posted at: 10:03pm EST

Tren Griffin is a Senior Director at Microsoft, doing strategy, competitive analysis and business development, with a focus on software platforms and business models. He creates and helps execute "go to market" plans, working closely with the engineering and marketing teams. Before that, he was a partner at Eagle River, a private equity firm controlled by Craig McCaw with investments in software, communications and other technology industries including Nextel, Nextel Partners and many start-up firms. During some of this time served as an officer of portfolio companies XO Communications (VP Strategy) and Teledesic (VP Business Development).

Tren recently released his new book, Charlie Munger: The Complete Investor. The book presents the essential steps of Munger's investing strategy, condensed from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Derived from Ben Graham’s value-investing system, Munger’s approach is straightforward enough that even novices can apply it to their portfolios. Not simply about stock picking, it's about cultivating mental models for your whole life, but especially for your investments.

Key Takeaways:

[3:57] What you're looking for as a value investor

[8:42] How FOMO is hurting investors and how value investing avoids it

[13:35] If the corruption on Wall Street is impacting the Munger's and Buffett's of the world

[19:09] If the level of intelligence and activity on Wall Street makes it impossible for the average investor to have an edge

[24:03] Why the Warren Buffett's of the world don't care what the market is doing right now and in the near future

Websites Mentioned:

www.25iq.com
www.twitter.com/trengriffin

Direct download: AMA_133_Tren_Griffin.mp3
Category:general -- posted at: 8:54pm EST

Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy.

He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.

Wood remains a leading expert on the elitist Trilateral Commission, their policies and achievements in creating their self-proclaimed “New International Economic Order” which is the essence of Sustainable Development on a global scale.

Key Takeaways:

[5:36] Where Orwell and Huxley fit into technocracy

[10:41] Why sustainability, while it sounds good, is a dangerous road

[15:53] What's solving our problems (hint: it's not government, charities or communism) and externalities

[19:33] What current threats we're facing

[24:41] The quest for immortality

Websites Mentioned:

www.technocracy.news

Direct download: AMA_132_Patrick_Wood.mp3
Category:general -- posted at: 4:00am EST

Christopher C. Horner is the author of "Red Hot Lies, How Global Warming Alarmists Use Threats, Fraud & Deception to Keep You Misinformed". He also serves as a senior fellow at the Competitive Enterprise Institute. An attorney in Washington, DC Horner has represented CEI as well as scientists and Members of the U.S. House and Senate on matters of environmental policy in the federal courts and the Supreme Court.

He has been a contributor in the Washington Times, National Review Online and Washington Examiner opinion pages, a guest columnist for United Press International, Energy Tribune and Spain's Actualidad Economica, and regularly contributed to the Brussels legislative news magazine EU Reporter. He has also written in Investor's Business Daily's opinion and the Wall Street Journal's letters pages.

Key Takeaways:

[5:22] England's soaring energy prices and how many seniors are dying each winter due to the inability to heat

[10:01] The belief of environmentalists that people are the scourge of the Earth and what they're missing

[15:37] The media's role in the climate change debate

Website Mentioned:

www.cei.org

Direct download: AMA_131_Chris_Horner.mp3
Category:general -- posted at: 12:47am EST

Jason Hartman talks with Mark Ford, an American author, entrepreneur, publisher, real estate investor, filmmaker, art collector, and consultant to the direct marketing and publishing industries.

Ford is the author of essays and books on entrepreneurship, wealth-building, economics, and copywriting. He has also written a book of poetry and a book on word use titled Words that Work.

Ford's business writing is published under the pen name Michael Masterson. His books, Automatic Wealth and Ready, Fire, Aim, were recognized on the Wall Street Journal and New York Times Best Sellers lists.

Ford is active in real estate development both in the United States and abroad.

Key Takeaways:

[3:07] The history of the financial newsletter

[10:04] Breaking down "Ready, Fire, Aim"

[13:33] His movie making ventures

[17:42] Finding your optimal selling proposition

[23:05] Real estate investing

[28:53] How we let some industries teach us terribly

Websites Mentioned:
www.palmbeachgroup.com

Direct download: AMA_130_Mark_Ford.mp3
Category:general -- posted at: 6:14pm EST

Jason Hartman talks with Jon Lieber, Chief Economist & Policy Research at Thumbtack about the entrepreneurial state of the USA, the sharing economy and more.

Key Takeaways:

[5:01] The ability of entrepreneurs to find ways to improve society that we didn't see we needed

[10:31] What's going on with governmental regulation in the sharing economy

[15:57] Why the sharing economy is helping workers and employers

[20:21] How governments create monopolies

Website Mentioned:

www.thumbtack.com
www.twitter.com/lieber2k

Direct download: AMA_129_Jon_Lieber.mp3
Category:general -- posted at: 1:38am EST

Jason Hartman talks about the current state of the American economy, stock market and housing market with Megan Greene, Chief Economist of Manulife & John Hancock Asset Management.

Key Takeaways:

[4:06] If high frequency traders really bring liquidity

into the market

[10:57] The cure all for our economic inequalities, and

why you'll never see it come to fruition

[13:10] Why we may not want to be relying on housing for

our economic revival

Website Mentioned:

www.johnhancock.com

Direct download: AMA_128_Megan_Greene.mp3
Category:general -- posted at: 12:00am EST

Paul Mladjenovic is a CFP, national seminar leader, author and consultant. Since 1981, his specialties have been investing, financial planning and home business issues. Paul has written Stock Investing For Dummies (all four editions), Zero-Cost Marketing, Precious Metals Investing For Dummies, the Job Hunter’s Encyclopedia and the latest book, Micro-Entrepreneurship For Dummies.

Key Takeaways:

[4:11] How living in a communist country helped him in investing in a capitalist market

[10:41] What he's seeing now that concerns him

[18:07] How you need to do some diversifying in more than just your stocks

[26:27] The $50/month investing plan that will make you much better off in the long term

[30:58] The pension danger

[33:51] If the dollars reign as the reserve currency is in jeopardy

[38:08] Why you should own at least some gold

Website Mentioned:

www.ravingcapitalist.com

Direct download: AMA_127_Paul_Mladjenovic.mp3
Category:general -- posted at: 6:37pm EST

Jason Hartman talks with Alvin Roth, Craig & Susan McGaw Professor of Economics at Stanford and author of "Who Gets What and Why"

Key Takeaways

[5:28] - what aspect of the real estate market surprises him the most

[11:45] - The market of organ donation

[16:24] Repugnant Transactions

[20:51] Government's role in contracts

[24:56] Signals and two kinds of messages we send

Direct download: AMA_126_Alvin_Roth.mp3
Category:general -- posted at: 12:45am EST

Jason Hartman talks with John Gaver, editor and publisher of Action America and author of "The Rich Don't Pay Tax! ... or Do They?"

Key Takeaways:

[5:11] What the left is doing that's making people vote with their feet

[11:15] What data to look at that isn't corrupted by politicians and economists

[15:52] Discussing the concerns of a national sales tax

[21:40] Who a flat tax would hurt the most (it's not who you'd think)

Websites Mentioned:

www.therichdontpaytax.com
www.therichdontpaytax.com/calculator

Direct download: AMA_125_John_Gaver.mp3
Category:general -- posted at: 2:50pm EST

Jason Hartman talks with Salvatore Buscemi, author of The Art of the Raise about different deal structures in real estate investments.

Key Takeaways

[5:08] Importance of not investing based on personality

[10:03] What you need to do before you even set foot in a deal

[15:21] How different needs in investors change the investment strategy

[27:05] What Jason thinks nobody ever reads

[35:11] Why you need to know the other investors in the deal

Websites Mentioned

www.artoftheraise.com

Direct download: AMA_124_Salvatore_Buscemi.mp3
Category:general -- posted at: 4:32pm EST

Jason Hartman discusses 3 different strategies for investing in real estate, what an executive flip is, how to not get caught in the fools game, the difference between an investment and a speculation, the bubble of 2005 with David Wood, from Amplified Living.

Key Takeaways:

[5:30] "I prefer the high end flips because i think the people who are going to buy a million or 2 million dollar house, often lack vision."

[10:07] "If you're buying real estate with a long term vision of having complete financial freedom, then the money coming in you shouldn't be spending."

[21:02] - Everything about real estate investing involves disciplines

[26:57] - "And i find kindness is one of the great methods of negotiation"

Websites Mentioned:

www.amplifiedliving.com

Direct download: AMA_123_David_Wood.mp3
Category:general -- posted at: 11:33am EST

Mark Everson is currently a Republican presidential candidate for the 2016 election, as well as the former Red Cross CEO and former Commissioner of the IRS, about the current race and how stands out in a field as large as this.

 

Key Takeaways:

[4:24] I would suggest to you that we've lost this traditional approach to our nation

[9:55] Some of the Republicans would knee jerk, just defend Wall Street. I'm not doing that

[14:49] People tell me stories, people have the insurance but they're not using it!

Direct download: AMA_122_Mark_Everson.mp3
Category:general -- posted at: 12:52am EST

Aaron Clarey is the author of 5 books, his most current being Enjoy the Decline of America. He also an economist, running the blog Captain Capitalism. He talks with Jason about the USD status as the world's reserve currency, the current environment of political correctness, how the old economic building block of society is failing us and more.

Key Takeaways:

[6:25] - "pursuing such socialist and parasitic policies are not good at all for any country and should never be repeated again"

[10:15] - "we no longer value a child or the family as the basic building block of the economy"

[15:05] - if you want to nail it down to one thing, it's unfunded liabilities

[22:30] - they don't know that by voting Obama in twice that they have fundamentally shifted the tenor of the United States.

Mentioned in this episode:

CaptainCapitalism.blogspot.com

Direct download: AMA_121_Aaron_Clarey.mp3
Category:general -- posted at: 1:56am EST

Nathan Jaye is the founder of Ziprz and contributor to the CFA Institute Magazine. In an article, Nathan interviewed Tom Brown, the global head of investment management at KPMG on some of the interesting financial changes we might see in the next decade and a half. Jason invites Nathan on the show to talk about the article he wrote and to discuss why millennials are not a fan of Wall Street. 

 

Key Takeaways:

[2:40] Nathan talks about the past financial crisis in 2008. 

[4:00] Why do millennials not relate to Wall Street? 

[7:05] Wall Street's business model wants to 'sit down and talk about it' and many millennials who are used to making purchases on the internet do not like that. 

[9:05] Nathan and Jason talk about robo advisers. 

[11:15] Technology will affect the way we traditionally bank.  

[15:45] We're slowly starting to see changes in technology-incorporated clothing.

 

Mentioned In This Episode:

http://ziprz.com/

 

http://blogs.cfainstitute.org/investor/2015/04/28/a-view-to-the-future-changes-in-the-investment-industry/

Direct download: AMA_120_Nathan20_Jaye.mp3
Category:general -- posted at: 7:13pm EST

Salvatore Buscemi is the author of Making the Yield: Real Estate Hard Money Lending Uncovered as well as the Managing Director for Dandrew Partners New York. He talks to Jason Hartman on the subject of finding experienced fund managers, the problems with crowd funding, dealing with inexperienced investors, and much more on today's show. 

 

Key Takeaways:

[1:45] Salvatore talks about his book, Making The Yield: Real Estate Hard Money Lending Uncovered. 

[2:50] You can't take $2,000 from someone and really invest or place that capital meaningfully. 

[9:00] People are going to real estate fund managers who have no experienced and are losing their money. 

[19:45] Real estate crowd funding deals are tricky, because now the developer is dealing with less experienced investors. 

[27:20] You can't make accurate predictions in an era where government and central banks intervene. 

[35:50] People want more control over their investments and rather invest in someone who they have a good relationship with. 

 

[39:30] Ask the hard questions first before you invest. 

Direct download: AMA2011920Salvator20Buscemi20RP20CW20503.mp3
Category:general -- posted at: 3:04pm EST

Jason welcomes Linda P. Jones to the show. Linda is a podcaster and financial expert who teaches others how to have a wealthy mindset and how to build wealth the right way. She became a multimillionaire by the age of 39 and talks to Jason about her stock market background, six steps to building wealth, and where the US dollar is going. 

 

Key Takeaways:

2:30 – Linda realized early on that mutual funds weren't going to make her rich. 

4:30 – People who are overly cheap or frugal do not have a wealthy mindset. 

9:30 – Linda shares her story on how she made money in stocks. 

14:20 – Even if you have a full-time job, having a side hustle is a great way to begin creating wealth. 

16:45 – About every 8.5 years the US sees a financial cycle. 

20:50 – Linda is a big fan of gold and silver and she explains why they're a great investment. 

 25:10 – The only reason the US has so much power is because they have a monopoly on money. 

 

Mentioned In This Episode:

Money Love by Jerry Gillies

 http://www.lindapjones.com/

Direct download: AMA2011120Linda20P.20Jones.mp3
Category:general -- posted at: 6:09pm EST

Patrick Cox produces unbiased and independent research in the field of transformational technology. He has worked closely with Nobel Prize-winning scientists and economists along with having over 200 of his editorials appear on the Wall Street Journal, USA Today, and more. Patrick shares some insider science to Jason and his audience today and also talks about some very interesting medical advancements the media fails to report on. 

 

Key Takeaways:

4:35 – Conviction and convenience do not live together, so you have to separate yourself from convenience. 

7:10 – If you have plans to do great things, you are bound to find some resistance from your friends and family. 

10:00 – You can't get more in life until you are grateful for what you have today. 

14:00 – Birmingham property tour is coming up and Meet the Masters event is coming up in January. 

18:00 – There's a lot of exciting things going on in science, but you wouldn't know that because the media is very poor at reporting science. 

20:10 – Social security is under estimating our life spans. In reality, people will be living a lot longer. 

24:30 – The government is obsessed with not putting out a drug that may have side effects, which Patrick believes is absurd when so many lives are at stake. A possible cure with side effects is better than no cure when people are dying.  

27:00 – The FDA has not adapted to the new model of how personalized medicine works. 

30:10 – Scientists did tests on a chemical compound called anatabine and found it be the most effective anti-inflammatory agent ever discovered.  

34:00 – There are a number of ways you can rejuvenate the heart muscles when they've been damaged. We thought for a long time that these could not be repaired at all. 

39:00 – The Japanese are leading in rejuvenation medicine because they understand their citizens are getting older and fewer Japanese are being born.  

42:15 – We have the tech crowd pushing against the roadblocks that cutting-edge medicine is facing. 

 

 

 

Mentioned In This Episode:

http://www.jasonhartman.com/

http://www.patrickcoxdna.com/

 

https://www.mauldineconomics.com/

Direct download: AMA_97_Patric_Cox.mp3
Category:general -- posted at: 10:53pm EST

In the today’s American Monetary Association Show, Jason Hartman speaks to author and former Department of Justice attorney, Sidney Powell. Together, they dive into some of the most scandalous and outrageous cases which have based through the Department of Justice in recent decades. Step-by-step, they overview several of the cases featured in Powell’s book Licensed to Lie: Exposing Corruption in the Department of Justice and consider the true state of our society.

 

Takeaways

01.30 – Sidney Powell’s book, Licensed to Lie: Exposing Corruption in the Department of Justice, deals with some of the most scandalous and historic events to come out of the United States’ Department of Justice.

9.50 – Within the Merrill Lynch case, it got to the point where favourable statements were hidden for six years while four Merrill Lynch executives were sent to prison without even a listed criminal offence.

13.30 – Sometimes there are two sides to a story and you need to dig a little deeper to find out what really happened.

17.25 – You have to question when a judge says he’s never had such a fine person before him for sentencing, and then passes a sentence.

20.50 – www.pogo.org (Project on Government Oversight) has identified over 400 instances of misconduct by prosecutors in the last decade.

22.30 – Despite having a criminal conviction against his name a few days before the re-election, Ted Stevens only lost his place on the Senate by a few votes.

28.15 – The Bar associations are less than useless in these situations because they just give the same response.

32.30 – Judge Sullivan is turning around the Freedom of Information Act lawsuit against the IRS and doing his best to achieve a just result.

34.40 – There are too many aspects of the IRS case that just seem conveniently timed for it to be believable.

35.10 – Many of Sidney’s articles about these issues can be found at www.Observer.com

37.10 – If the IRS is being used to target political opponents, who gave that order?

39.15 – Information about the book and how to purchase it can be found at www.LicensedtoLie.com. Tweet Sidney using the handle @SidneyPowell1 and be sure to ‘like’ Licensed to Lie on Facebook.

 

Direct download: AMA_93_Sidney_Powell.mp3
Category:general -- posted at: 1:31pm EST

Today’s American Monetary Association program features the founder and editor of Stray Reflections, Jawad Mian, as a guest. He and host, Jason Hartman discuss the current and potential state of Dubai and the rest of the United Arab Emirates before moving on to consider some of the biggest consumer investment issues facing today’s society and looking at the future of bitcoin.

                      

 

Key Takeaways

 

05.00 – A lot of the developments and changes happening to Dubai are to provide the desired lifestyle for the growing expatriate community there.

08.00 – Each of the Emirates in the UAE has different societal structures which lead to a different overall feeling of the country.

15.00 – Tourism remains one of the largest and most profitable industries in the Middle East.

17.20 – Transportation and particularly transportation of goods or consumer items is one of the biggest draws in oil reserves.

18.30 – In some ways, bit-coin seems attractive as an alternative currency, but the FBI and the IRS’s insistence that it is taxable property definitely alters some people’s view of it.

22.00 – The volatility of bitcoin as a prospective currency makes it particularly unattractive to merchants.

25.30 – The alleged main aim of bitcoin is to have an economy free from the government, but in the event of any incidents occurring, the only way they could get out from it is with government assistance.

27.10 – For more information about investing strategies and themes, head to www.stray-reflections.com

Direct download: AMA_92_Jawad_D_Mian.mp3
Category:general -- posted at: 11:06am EST

We are all confused about economic indicators and it’s critical that we understand the real figures, the direction of the economy, interest rates and their consequences, and much more. On this episode, Jason Hartman interviews Bernie Baumohl, author of Secrets of Economic Indicators, in regard to the numerous economic indicators and what is most useful. Bernie explains what a “business cycle” is and what happens during the cycle, how it comes full circle over time. For more details, listen at: www.JasonHartman.com. Bernie gives examples of stress points in the business cycle. People make mistakes, such as buying more inventory than they need or the economy can’t handle the demand of the people. More recently, we have seen longer periods of economic growth, but at a closer look, the mistakes that caused the worst economic crisis since the Great Depression are apparent. It was a “cauldron of fraud and wrecklessness,” says Bernie. Jason and Bernie touch on the subject of the Federal Reserve and the Gold Standard, citing what has been happening in Greece as an example of the limitations of a currency that is fixed and unmovable. Bernie feels that a country in economic trouble needs to have the flexibility to lower interest rates. They also discuss market sensitivity, the index, and the source of the leading market indicators.

Bernard Baumohl is chief global economist at The Economic Outlook Group. He is well known for being ahead of the curve in assessing the direction of the U.S. and world economy. Mr. Baumohl began his career as an analyst with the Council on Foreign Relations, a think tank specializing on international affairs. He later served as an economist at European American Bank with responsibilities to monitor the global economy and develop forecasts. Mr. Baumohl was also an award-winning reporter with TIME magazine who covered the White House, Federal Reserve and Wall Street. Apart from his role as chief global economist, Mr. Baumohl also teaches at the New York Institute of Finance and is a regular commentator on Public Television's Nightly Business Report. A sought after international speaker, Mr. Baumohl has been recognized for his forecasting accuracy. He has lectured at New York University and Duke University, and is often cited in the Wall Street Journal, Washington Post, New York Times, Business Week, Barron's, and the Financial Times.

Mr. Baumohl is author of The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities (Wharton School Publishing, 2nd edition). The best-selling book is winner of the Readers Preference Editor's Choice Award for Finance and has been translated into several languages, including Russian and Chinese.  He is also a recipient of the John Hancock Award for Excellence in Financial Journalism, and is a member of the National Association for Business Economics and the American Economic Association. Mr. Baumohl holds an M.A. from Columbia University.

Direct download: AMA53-BernieBaumohl.mp3
Category:general -- posted at: 10:00am EST