Tag Archives: Student Loans

Jul 25 2019

The Real Adam Smith: Ideas That Changed The World – Full Video


Published on Mar 28, 2016

The Real Adam Smith: A Personal Exploration by Johan Norberg, takes an intriguing, two-part look at Smith and the evolution and relevance of his ideas today, both economic and ethical. It’s difficult to imagine that a man who lived with horse drawn carriages and sailing ships would foresee our massive 21st century global market exchange, much less the relationship between markets and morality. But Adam Smith was no ordinary 18th century figure. Considered the “father of modern economics,” Smith was first and foremost a moral philosopher. The revolutionary ideas he penned in The Wealth of Nations and The Theory of Moral Sentiments, changed the world. Norberg explores Smith’s insights regarding free trade and the nature of wealth to the present, where they are thriving and driving the world’s economy. In the second hour, Ideas That Changed The World, Norberg traces Smith’s insights regarding the benefits of free trade and the nature of wealth to the present, where they are currently in operation. He talks with some of the most distinguished Adam Smith scholars, as well as leaders of some of the world’s most admired companies to discover how Smith’s ideas continue to be relevant and drive the global economy today.
Jul 24 2019

Milton Friedman Speaks – Myths That Conceal Reality


Published on Jul 31, 2012

Five myths cloud our perception of both the past and the present. (1) The “robber baron” myth, which holds that in late nineteenth-century America there were powerful men who became rich at the expense of the poor. The reality is that they became wealthy by being productive, and that there is no other period in history which saw such a rapid and widespread improvement in the well-being of the average individual; (2) The myth that the Great Depression was caused by a failure of business, when it was, in fact, produced by a failure of government and specifically by the Federal Reserve System; (3) The myth that government in the economy has expanded in response to public demand, when, actually, the public has had to be sold “hard” for politicians to enact every major social program; (4) The “free lunch” myth, which forces the individual to pay more, no matter how the government raises money – by taxing individuals, by taxing businesses, or by printing more money; and (5) The myth that government, like Robin Hood, transfers wealth from the rich to the poor, when the reality is that the government usually transfers wealth and income from both the very rich and the very poor to those in the middle. Check out our Facebook page here: https://www.facebook.com/FreeToChoose…
Jul 24 2019

Jordan Peterson – Growing Up and Being Useful is The New Counterculture


Published on May 25, 2017

original source: https://youtu.be/T4fjSrVCDvA?t=2h20m3s Psychology Professor Dr. Jordan B. Peterson explains why the Future Authoring Program works better for men who are doing worse in society. Once a viable idea of a future is established, young men are much more motivated to carry more responsibilities which gives meaning to one’s life. Dr. Peterson’s new book is available for pre-order: 12 Rules for Life: An Antidote to Chaos: http://amzn.to/2yvJf9L
Jul 24 2019

Democrat Doom: City Dwellers Dwindle, Leaving the Affluent and Childless


Published on Jul 22, 2019

With a net outward migration, and plummeting birth rates, cities like New York, San Francisco, Seattle, Chicago, Los Angeles, Philadelphia and Washington D.C. — Democrat strongholds all — seem bound to damn the party to demographic doom. However, these urban strongholds do hold massive wealth to fund Progressive campaigns. Bill Whittle Now fosters civil dialogue on the crucial issues of the day by facing the best arguments of the opposition with time-tested principles, reasoned thought and powerful rhetoric. If you’d like to be a bigger part of a movement that aims for a happy republic, join the Members who make this possible at https://BillWhittle.com/register/

 

Jul 24 2019

Will the Black Female 007 Boost James Bond Franchise, or Kill It?


Published on Jul 22, 2019

Although much of this is speculation at this time, news that the 25th movie in the James Bond franchise will feature a Black female 007, sparks exploration of the hero’s journey, feminism, Progressivism, and the marginalization of the modern man. Will this feminist innovation revive the series, or kill it? Right Angle — with Bill Whittle, Stephen Green and Scott Ott — comes to you free thanks to the people who pay for it through their Membership dollars. If you’d like to join the growing team of those who believe these conversations advance a happy civilization, visit https://BillWhittle.com/register/ There you’ll find a private conservative enclave with a Member-written blog and a vibrant community of liberty lovers who enjoy not only vigorous discussion of foundational principles, but vigorous laughter as well. We look forward to welcoming you to the movement.
Jul 23 2019

Don’t Tell Me How to Spell Hampster! Young Woman Freaks on Boss


Published on Jul 20, 2019

When the boss corrects her misspelling, a young woman freaks, insisting she always spells hamster with a ‘p’. When the boss offers the dictionary, her subordinate calls her mother to press her case for a woman’s right to choose how to spell ‘hampster’. Outside of mental illness, how does one explain such phenomena? Stephen Green, Bill Whittle and Scott Ott have been talking about the news of the day, five times each week, for more than a decade thanks to a growing number of people like you who support these conversations — a total of 48 shows each month — at https://BillWhittle.com/register/
Jul 23 2019

Why Hedge Funds Have Missed the Moves


Armstrong Economics Blog/Dow Jones

Re-Posted Jul 23, 2019 by Martin Armstrong

COMMENT: Well, Ray Dalio was short the market, missed the rally, and lost almost 5% for the first half of the year. Obviously, they don’t use Socrates – lol.

LB

REPLY: I do not advise Bridgewater and I have no idea if they even subscribe to Socrates. But what you have to realize is that a lot of these hedge funds form their strategy based upon opinion for the broader view. When you have a portfolio of that size, you cannot simply trade it back and forth for each move. The question becomes critical as to where to draw the line to realize your broadview strategy is wrong.

I have stated many times that the trend does NOT begin to shift until you reach the Monthly Level. We saw that in Gold when it finally got through 1362.50 after nearly four years of bouncing off that number. In the case of the Dow Jones Industrials, our hedging models for institutions were long one month from the low and has remained in that position. This is just a hedging model which is either long or short. It at least tends to keep institutions on the right side of the trend for long periods of time.

Aside from the Reversal System, the Energy Model is extremely helpful in identifying the position of the market and if there is a risk of a crash or a rally. The Energy Model turned negative, demonstrating that there was no possibility of a crash as most analysts were forecasting from a gut perspective. A crash would have been possible ONLY if the Energy Model was at a peak. When it is testing the lows or a negative, it is warning that the energy in the market has already dissipated.

We are simply headed into a Monetary Crisis Cycle where the majority of people will never be able to forecast what will unfold from a personal gut perspective. This is not a time for lucky calls. We need objective time-tested analysis that is not clouded by human bias. This is when we need the global approach to let Socrates simply correlate the world to enable us to see the real trends that are in motion. The worst thing you can do is ASSUME you have missed something, as that is typically the kiss of death for investors where they inevitably buy the high or sell the low.

Jul 22 2019

The Jeffrey Epstein Affair & the Deafening Silence from Washington


Armstrong Economics Blog/Rule of Law

Re-Posted Jul 22, 2019 by Martin Armstrong

Why is no one in the D.C. political class and media bubble really talking about the Jeffrey Epstein affair? They will mention it casually, but they prefer to allow the Squad to call, Trump, a racist than address an issue which could lead to high levels of the political class. The media also seems to be avoiding asking the right questions like: Exactly how tight is the friendship between former President Bill Clinton and Mr. Epstein? who owns a private island in Florida and is now accused of having sex with girls as young as 12 and procuring young girls for sex with other friends of his? What was Bill Clinton doing on the island with Mr. Epstein on multiple occasions? Bill Clinton claims he only traveled with Epstein four times and he knew nothing about his crimes. Then the Washington Examiner reported that Clinton traveled with Epstein 6 times – not four. Yet verified and widely reported evidence from pilot logs reveal that Clinton took six trips involving 27 different flights with Epstein.

After Epstein was indicted, the government raided Epstein’s townhouse uncovering a virtual treasure trove of evidence, including reams of photos and videos. Many of the photo discs have been argued include names of young women as well as dates. Most of the young women allegedly appear to be underage. This story has been talked about behind the curtain a very long time. Some hoped it could be used as a tactic in Hillary Clinton’s campaign.

Nevertheless, the Left-Wing Media Machine has been pretending that anyone who asks questions about the Epstein-Clinton connection is a paid political operative of the Right-Wing Media Machine. The Right-Wing Media Machine, which would normally be jumping for joy about this or any sordid affair involving the Clintons, has remained very reserved in hyping the case. The silence from both sides has been deafening. This raises the question of why are both sides trying to avoid this topic? Is there just a fear that this could expose a lot of political leaders? How did our political and media elites ever become so hopelessly corrupt?

The Jeffrey Epstein story erupted after Virginia Roberts gave a sworn statement in a federal court filing that claimed that that under Mr. Epstein’s tutelage she “was a teen sex slave forced to have sex with Prince Andrew” and that she also saw Bill Clinton on Mr. Epstein’s “orgy island.”  Bill Clinton’s conduct with Monica Lewinsky suggests that he too may be what some call a sexual predator, but not that he was previously engaged with minors. Bill Clinton reportedly interrupted one sexual encounter with Monica Lewinsky to take a call from a Cuban-American sugar baron from the crucial battleground state of Florida.

Media coverage about the Epstein case has been sadly predictable. None of the media has pointedly and persistently asked important questions about the case.  Bill Clinton has already been implicated in the Epstein scandal. The media will run photos of Trump with Epstein to divert the fact that he was not one of the regulars with Epstein. Showing pictures of Trump and Epstein is clearly a way to try to paint him with the same brush of Clinton. Obviously, this Epstein affair is a national disgrace and shines a bright light on the current sad state of American politics. There are rumors that the Trump Administration allowed Epstein to be indicted knowing that this could unnerve the Democrats for 2020.

Clearly, Bill Clinton took repeated trips on the “Lolita Express” with an actress in softcore porn movies whose name appears in Epstein’s address book under an entry for “massages.” According to flight logbooks reported by Gawker, they show that Clinton shared more than a dozen flights with a woman who federal prosecutors believe procured underage girls to sexually service Epstein and his friends. That would place her as a co-conspirator who they could use to flip on Epstein. It has been rumored that 35 female minors have been identified by federal prosecutors who they allege were sexually abused by Epstein. He has reportedly settled lawsuits from more than 30 “Jane Doe” victims since 2008 alone and the youngest alleged victim was 12 years old at the time of her abuse.

The question that will be answered only with time has been is this retribution for the Democrats Russia Gate

Jul 22 2019

Concentration v Internment


Armstrong Economics Blog/Politics

Re-Posted Jul 21, 2019 by Martin Armstrong

COMMENT: Hi,

Yes, you are correct in both cases but the underlying issue is the ethics (or morality if you believe we are under the thrall of a higher power) of the institutional maltreatment of any human in the name of a political belief system. The US political Right-wing (as opposed to the Conservative right) conflated the term “concentration camp” with the Nazi death camps to serve their own agenda. In reality, a concentration camp is just a place where people are concentrated.

Now, I have no problem with having a tough border policy. With the upcoming socio-political meltdown coupled with the effects of climate change (whether due to extra-historical factors or natural causes, or both) the global refugee crisis is only going to get worse. What I do have a problem with is the disingenuous spin put on the issues by both the Left and the Right in the furtherance of their own short-sighted goals.

Many thanks for your opinions on all these matters. Hopefully one of these years I’ll be able to make it to a WEC.

Best,

James

REPLY: Both extreme sides will take words and spin them to their own advantage. The actual legal distinction was that reference to Nazi concentration camps or the US internment camps for the Japanese, involved their own citizens. The issue here is illegal immigrants who are really pouring into the USA and Europe for free handouts and are really economic migrants. Just try to say you have decided that there are better job opportunities in Germany than in the USA. Sorry to say, but you will not get a free pass to just move. Both sides are using this concentration camp theme out of context.

The question of how these people are being treated is a human rights issue. But that is exasperated by the attempt of the left to instill rights upon these people which then delays their detention. If they were truly seeking refugee status, you apply for that. You do not show up at the border and expect fast track.

I have stated before that employees from overseas flying into the USA for a conference or a meeting has always presented problems. One employee coming in from Germany was asked if they were taking cash back and forth for me to Europe. Another was held up and searched by three people three separate times asking why do they come back and forth a few times a year. When I commented I thought you were concerned about people who did not leave, the angry response what I was trying question how to do their job.

We have to have immigration lawyers on call because of the international problems with these people. The lawyers will tell you NEVER fly into Chicago – it is the worst place to ever land for that office sends people back on the next plane more than any airport in the country. The Department of Homeland Security defines removals as “the compulsory and confirmed movement of an inadmissible or deportable alien out of the United States based on an order of removal.” Returnsare defined as “the confirmed movement of an inadmissible or deportable alien out of the United States not based on an order of removal.”

In other words, in 2000, at airports, the number of people who had documentation to get on a plane and were denied entry reached about 1.7 million that year. In 2017, that is down to about 150,000. Obama deported more people than any President. The deportations they call “removals” reached about 425,000 in 2013 which is down to about 300,000 in 2017.