Fri, 19 May 2017
We knew this was coming. For all the talk of a recovery, the numbers just aren't playing out the way the Fed suggested.
And if you thought the Fed had a broad range of options to deal with a stagnant economy, low inflation, and falling GDP think again.
In typical fashion Jim Bullard, head of the St. Louis Fed suggested that future QE might be needed.
How many times do we have to repeat the past before we learn from it?
Connecticut is learning. Time and again they've exploited the richest in their state to pay for their bloated budgets, but that's not working anymore.
They now face a 400 million dollar shortfall this year.
It turns out you can't just tax the rich to pay for all the "stuff" you want.
The real monster eating our nation isn't the rich or the poor. It's not the Republicans or Democrats. What's destroying our nation is the government itself. That greedy, self-serving, animal that does nothing but take and consume.
Until we decided to draw a line in the sand and bind down out government nothing will save us.
Thu, 18 May 2017
Is it that unthinkable? Yeah, I think it is. As a general rule, any time the media poses a question the answer is "No."
Ousting a sitting president is nearly impossible and getting Trump out is going to take a lot more than the circumstantial evidence they've put together so far.
But none of that is stopping the media from continuing the assault on Trump.
The Washington Post is reporting this morning on a story involving Majority Leader Kevin McCarthy who is apparently on tape saying he thought Trump was being paid by Putin.
Was he joking? Was he serious? It doesn't matter. The optics are terrible, and it distracts from any real work getting done.
For example, Republicans are now saying an overhaul of the tax system; even simple tax cuts will likely not happen until next year.
Typical, predictable and sad.
Wed, 17 May 2017
Here's a question for you...
Does the President have the right the ask the director of the FBI to drop an investigation?
I mean, the president is the head of the executive branch, and the FBI is part of the executive.
We're going to talk about it today. Either way, it's terrible optics for an administration that is already struggling.
Mark my words, we are getting ready to arm our future enemies.
Tue, 16 May 2017
Apparently, during a meeting with the Russians, Trump "leaked" information to the Russians about an ISIS terror plot.
If I understand the particulars, the issue has more to do with a potential violation of an intelligence sharing agreement rather than a serious covert infraction.
Today we discuss.
It's happening in California, and business owners are fed up.
All that PLUS, Puerto Rico and they're pushing for Statehood.
Mon, 15 May 2017
Ann Coulter is, by my account an uglier version of Rachel Maddow. (both inside and out)
She makes her living by coming up with the most offensive and shocking way to express a political opinion.
Not surprisingly she is also a HUGE Trump supporter. Or at least she was.
It turns out she's not happy we don't have a wall, or a decent budget or mass deportation. She's so upset over Trump's shortcomings she's considering pulling her support for the President.
I've never liked Ann. Even what I was a conservative I didn't like her. She represents the worst qualities in a human being and politics today.
But, because she cranks out controversial books as fast as anyone can read them (and I wonder how many people do) she continues to find her way onto the national stage.
We'd all be better off if people like Ann stuck with the other jobs, they're qualified to do (Walmart greater, Stop sign holder on a road construction project, dog walker) rather than making life a little less tolerable by continuing to inject themselves into the political debate.
Also on the show, we've got an update on North Korea and a fascinating look at China, and it's plan for global domination!
Thu, 11 May 2017
If you remember back a couple of episodes, I told you about the new Gold Depository that was being set up in Texas.
This is huge news because it means a state, for the first time in modern history, will be challenging the Federal Reserve for control of the money supply.
If Texas is successful, it could entice other States to set up their own Depositories, or purchase legalizes the creation of private gold banks.
I wanted to know the specifics about the Texas Depository, so I invited Michael Maharry from the 10th Amendment Center on to discuss the particulars.
It's a great episode. Enjoy!
Wed, 10 May 2017
It's a long track record and pattern of corruption going back to the election.
That's the story coming out of Washington when discussing Russia and the Trump campaign team.
Never mind there's no evidence. That is just a formality.
To the left (and the left wing media) Comey's firing is proof that the FBI is getting close to tightening the noose around Donald Trump's neck.
Those were the words of former VP hopeful Tim Kaine.
So is there any truth to the Russia, Trump ties and the firing of FBI Director Comey?
Today I'll tell you.
Tue, 9 May 2017
Take a look around. North Korea, Iraq, Iran, Israel, Russia, Syria, Yemen, South Korea, China, Japan and the United States (just to name a few) are all either involved in an ongoing war or making preparations for one.
You combine the threat of war with the looming economic problems in China, the EU and here at home and you've got a recipe for disaster.
But before you start digging holes in your backyard or teach your kids to "duck and cover" might I suggest we all take a breath and recognize the risks for what they are.
Risks are present in every society at every point in human history. There's a risk an asteroid might fly right into earths orbit and impact on top of Time Square. Anything is possible.
What you and I need to do is recognize the risks, take precautions where necessary and then accept bad things sometimes will happen.
A life lived in fear is no life at all. I spend a lot of time telling you all the problems we face, but I never want you to walk away from the show feeling like there's no hope. Struggle creates opportunity. Companies are started, and millions are made during tough economic times. Don't let the threat of economic uncertainty keep you from chasing your dreams. Get to work.
Fri, 5 May 2017
Should every restaurant in America be a buffet? Should every letter you send cost the same whether you send it priority or bulk mail? Should all internet subscription cost the same no matter what your speeds?
That's the argument those who support net neutrality are making. Proponents have done a remarkable job of muddying the waters and making this new infringement on our liberty as difficult to understand as possible, but it is really quite simple.
Net neutrality is the brainchild of some very large internet companies (think Google and Netflix) who want to legislate price protections for themselves at the expense of small startups.
Now if that sounds like the exact opposite of what you've heard then those who favor net neutrality have done their job.
Today I'm going to destroy the net neutrality argument and tell you the truth. It won't change the minds of those who have already sold out to the idea that the internet needs regulation but hopefully, if you're not sure what to believe, you'll walk away with a better understanding of what's really happening.
Thu, 4 May 2017
I know it might sound crazy, but there are ways to provide college to everyone without compulsive taxation. North Carolina's Governor is trying to do just that. Today we'll talk through what it might look like.
Great show today. Let me know what you think.