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.
Mon, 8 May 2017
Last week Rep. Amash wrote a two-page letter explaining why he voted for the Republican healthcare modification to Obamacare.
Darren and I are divided over his comments. Well, not really decided since I can't argue any of the points he made on today's show.
We ask our representatives to treat liberty as a primary political value and always to vote in a way that takes us closer to liberty. Did Justin Amash do that? I'll let you be the judge.
I'll read you the story today. My information is limited, but I'm going to see about getting an expert on the show to talk us through what it all means.
On the plus side, we talk a little about fractional reserve banking in today's episode which should give you a much clearer picture of how banking works.
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.
Wed, 3 May 2017
I've had several questions come up in recent weeks. Not just questions about libertarianism or economics but specific questions related to how we answer alternate views.
I've picked out a few articles today that viewers have expressed interest in better understanding.
My hope is that you will not only gain a better understanding of the specific issues we're going to discuss but that you'll also have a better understanding of capitalism in general.
Tue, 2 May 2017
Don't worry this isn't as complicated as it sounds. But you will be able to impress your friends with some info on the market nobody else will be discussing.
We're also going to cover the GOP's trillion dollar spending bill that funds the government until September. The Republicans are doing everything they can to paint this turd as anything but a total failure, but it looks like they fear a shutdown more than fighting for the ideals they ran on.
Typical Republican shinanigans.
Finally, we'll talk OPEC and Venezuela. Oil prices are back down again, and it's putting the pinch on a lot of oil dictatorships. But there are winners. Countries like Iran and Iraq are boosting production and making money at the expense of other OPEC nations.
Lots of good stuff today.
Mon, 1 May 2017
You might think that article came from VOX or MSNBC or some other left wing, eco-terrorist website but you'd be wrong.
It came from Forbes.
A few times each year we see articles like this discussing how capitalism is going to kill all of us and how we need to move to a more "socially and environmentally responsible" economic system.
They've been saying the same thing since the '70's.
I'm going to break down this article today and discuss why it's bogus.
The bulk of Americans save nothing, invest nothing and contribute only modestly to the overall growth of the nation.
Fed policy centers around propping of the richest and most successful among us. You can cry about that OR...
You could just stop being part of the bottom 50%.
It's easier than you might think. Just save some money and don't live beyond your means. In a few years, you'll be part of the 50% that 'matter.'
I'm of course half joking. (Just half) The truth is government doesn't care about any of us, and the FED is acting in IT'S best interest, not yours.
Don't be fooled. Be informed.
Fri, 28 April 2017
That's right. Congress is back to its same old bag of tricks. There are so very few things that the House of Representatives are required to do, and one is to pass a budget. Getting them to pass one is like pulling teeth.
They'd much rather waste time writing terrible bills designed to shift money from one hand to the other. (AHCA) or spend thousands of man hours crafting lofty sales pitches designed make you think they care about you. (A Better Way).
In the end, nothing changes because we refuse to change those we send to Washinton.
That's because Russia has just completed it's first Arctic military base and is actively building ships capable of navigating shipping routs through the icy Arctic waters.
It's ridiculous, and I'll explain why.
I've got a lot more on the show today but I know you're going to listen so I'll just let you hear it for yourself.
Don't forget to share the show!