32 Burst results for "Ron Paul"
Rep. Ron Paul Warned About the FBI Years Ago
"Ron Paul back in 1988. This was 1988, and even way back then, Ron Paul was sounding the warning cry about what the FBI could be. You know, most of our history, we didn't have those institutions. The FBI came in during the First World War. And interestingly enough, the one thing that Woodrow Wilson did, he used the FBI to spy on American citizens and actually arrest them if they disagreed with his foreign policy about going to war in Europe. It is an interesting how recent they used it in the a Vietnam era. Democrats used there. Republicans used the FBI to spy on a hundred different groups in this country, including the churches, who disagreed with the policy in Central America, almost looks like the FBI was designed to spy on Americans who might be disagreeing with policy, especially the foreign policy. So the FBI, although I don't think I can condemn everything they've ever done because I'm sure some of the investigations and investigation of crime has been beneficial, but that could be accomplished through Justice Department within our states. We wouldn't reject that portion of it. But I think the FBI has kept and continues to keep a lot of records on a lot of individuals. The CIA has only been here since 1947. Their record is lousy. Well, that was during his 1988 presidential run when he suggested we should abolish the FBI.
Why Do We Need to Continue to Have an FBI?
"Do we need to continue to have an FBI? That is very serious and simple question. We could have state run agencies. Now the answer was the FBI came into being because of interstate crimes primarily because of bank robberies. Now, of course, there's some good things the FBI does. That's not what I'm saying. Even Ron Paul would say that, going after child sex trafficking, going after interstate, gang activity, cartel activity, but even that seems to have diminished in recent years to be more focused on moms and dads that show up at school board meetings. And this, the front page of the Justice Department website, while all this is happening, the first thing on their website is this. Justice Department files lawsuit and proposed consent decrees to end long running conspiracy to suppress worker pay at poultry processing plants and address deceptive abuses against poultry growers. Look, this might be a major issue for some of you in the audience. The suppressed pay at poultry plants, why is that exactly the focus of the Department of Justice? How about the next one? Just this department establishes reproductive rights task force. And this one, attorney general, Merrick B Garland statement on Supreme Court ruling in Dobbs V Jackson. Now isn't that interesting? By the way, if we're looking into poultry plants, why don't we investigate why they're all burning down?
Ron Paul Warned About the FBI Years Ago
"Ron Paul, the father of Rand Paul. A great political mind. Ron Paul years ago, this was back in the 1980s. Actually, sounded the warning bells on the FBI, cut number one, please. You know, most of our history, we didn't have those institutions. The FBI came in during the First World War. And interestingly enough, the one thing that Woodrow Wilson did, he used the FBI to spy on American citizens and actually arrest them if they disagreed with his foreign policy about going to war in Europe. It is an interesting how recent they used it in the Vietnam era. Democrats used there and Republicans used the FBI to spy on a hundred different groups in this country, including the churches, who disagree with the policy in Central America, almost looks like the FBI was designed to spy on Americans who might be disagreeing with policy, especially the foreign policy. So the FBI, although I don't think I could condemn everything they've ever done because I'm sure some of the investigations and investigation of crime has been beneficial, but that could be accomplished through Justice Department within our states. We wouldn't reject that portion of it. I think the FBI has kept and continues to keep a lot of records on a lot of individuals, the CIA has only been here since 1947. Their record is lousy. You just think of the CIA used by the democratic administration to so there you go. And it goes on and on and on. That was Ron Paul, Ron Paul, sounding the warning bells. That something's not right with the FBI.
Adam Mill: How Do We Get Rid of the FBI?
"Goes into a lot of band aids We could use to kind of at least in the short term repair the FBI which I think has to be abolished at this point But at least things that would help move the football along a little bit First he describes the problem Just like Ron Paul did and the clip we opened up the show with You want to hear that clip again you can check it out on the podcast today have it there Adam mill notes politicians fear the FBI because of its ability to plant and spread stories with the imprimatur of the bureau as a source You know you see a starring a paper Jim verdy robbed the Jimmy John's of a gargantuan That's nonsense No no someone in the FBI toe Oh wow Mike you better get to that Jimmy John No more gargantuas left Jim stolen You FBI says it You see the power of the FBI to leak to the media But that's not it Mill goes out That's not the only thing Mill goes on When the FBI sees a candidate engaged in Rio corruption however it seems to do the opposite running interference with the news media to protect that candidate by suppressing news stories or characterizing politically inconvenient stories as Russian disinformation Oh that never happened Actually it just did with Hunter Biden So he lays out the problem along with other things I talked about before abusing databases spying on political candidates paying spies to spy on political candidates Using leaks using foreign governments planting stories in the paper I mean the litany of FBI abuses is just too much to overcome It's time to disband them at this point But if we can't disband the immediately here are some potential fixes He talks about step one They need to register their contacts with political figures This is a great idea This is from mill's piece in American greatness He says one solution might be to demand the political candidates a pledge to publicly disclose any attempt By any member of the FBI to gain leverage over that politician
The Case for Ending The Fed With Steve Bannon
"Joining us right now is Steve Bannon. Steve had a very big weekend at cpac Steve. Welcome to the program. I want to play a piece of tape at you at cpac and we'll go from there. Let's play cut ten. We don't need to audit the fed. We need to end the Federal Reserve. The federal reserve has you surf as you surf has usurped its power and the power of the American people in our elective representatives. And no, they do not have the consent of the governor. We will not comply. We will not submit. And it must be ended. Steve, that sounds like Ron Paul, floors yours. Exactly. I hope to take it, you know, he was a great inspiration, but we hope to take it one step up. Ron Paul, who had his entire presidential campaign around about money and currency, you know, is a great warrior and a brave man. I'm not a libertarian. But I understand that the administrative state and particularly the global apparatus is funded by the central banks. And it's outrageous that the evidence today is so much even more overwhelming than when Ron Paul laid it out for us. From 2008 to right now, Charlie, you know, what the $23 trillion they've printed, the 9 and a half trade they put on the balance sheet of the Federal Reserve is just increased the power and concentration of wealth in our nation. 0.5% of the American population own more assets and wealth than the bottom 90%. This is exactly what the framers fought a revolution to avoid. They wanted to get away from the landed aristocracy in Great Britain and the mercantile class in Great Britain. And we are back to this oligarchy. What we have is a combination of state capitalism and authoritarian government
Caller: Republicans on TV Are Sounding Like Democrats
"My point is I've called your show a few times And before any of this was out there I listened to all of the Republicans in our party that you've deemed a long time ago Many people we like code pink Republicans Ron Paul Rand Paul great guys I like them but they're dead wrong on national they're just dead wrong on national defense There was never an argument Now I'm watching all of my cable shows people I like they sound like the Democrats in the 80s and their names I know I understand I'm hearing a lot of this As you know I'm on the air so I don't get to watch many of them but I understand that is happening Please watch it because you'll be shocked but you know who I'm talking about And so I'm watching this I really don't but that's okay You go ahead Yes So a couple of years ago I said this is a problem It's like why are we in Afghanistan And this is coming from Republicans now Conservatives on TV people that I like So I'm having coffee with people They're regurgitating this stuff So it's not like these people shouldn't be challenged because they're swaying minds I would say 80% of the people I talk to now are saying things like why would we go to Ukraine when we won't even defend our own borders I say first of all we're not going to Ukraine We're not sending troops to Ukraine So what the hell are they talking about They let me know what they're talking about I can't we do both Right We're not sending troops into Ukraine I don't even support that I don't think Ronald Reagan would have supported that but we should have sent a ton of military equipment to Ukraine We used to do this all the time to the Soviet Union whether it was in Africa whether it was in the Middle East whether it was Afghanistan and so forth since when do we not do that sort of a thing Since when is that supposed to be for bowden
Trump's Former War Room Director Andy Surabian on His Path to Politics
"He's former special assistant to president Trump and deputy political strategist. My good body. Andy, sarabia. Welcome back to America first. Thanks so much for having me today, sad. It's been way too long. It has been way too long, but we know you're a busy guy, you're in the background, you're making sure that we get the right maga candidates and that they win and this freight train of America first, not only trounces the Democrats in the midterms next year, but also our old boss will win in 2024. We have so much to discuss. You are a Republican strategist and you are the spokesperson for Donald Trump Jr.. So I just want to get in there that this is what these are the little things that this guy does after he leaves The White House. Hopefully we'll see him back there soon enough. Andy, let's start because we have an unfettered discussion here, say a little bit about yourself. Where do you hail from and how did you get into this? Is my dad used to say politics? It's disgusting, but it's so fascinating. So if your audience isn't able to tell by the accent that I still have to this day, I was born and raised in the very conservative dashkin of Massachusetts or the longtime nickname of tax executives. But this world has gotten so crazy that there's numerous states that have higher taxes today than Massachusetts. I mean, that's how crazy this country has gone over the last several years or we can't even really call it that's the truth it's anymore. But born and raised in Massachusetts, how did I get involved in politics, my lord? I mean, that's kind of an interesting question. I will give you the short version. Was originally interested in politics, via Ron Paul's presidential campaign in 2008. And I was just very interested in seeing someone come from outside the typical political
"ron paul" Discussed on Ron Paul Liberty Report
"Congressman ron paul. Thank you for talking with us today. You're running against a long list of republicans Seeking the presidential the republican presidential nomination. Many of them very conservative one in particular. Michelle bachmann appealing to the tea party. Why are you more qualified than any of them. I see them as defending the status quo. Much more so than i do because you know if you look at my foreign policy. He's coming close although they're getting more sympathetic. I want to bring all the troops home when it comes to personal liberties. And what's going on at our airports. I don't like the patriot act. And they tend to support the patriot act when it comes to monetary policy. They try to avoid it yet. Money is one half of all our transaction. We're at a mass. So i concentrate a whole lot on the federal reserve monetary policy and of course. The spending is a big issue with me. But it's been that way for a long time well. Speaking of spending washington is in the grips right now. This huge divide split over what to do about the debt limit. What to do about the deficit. You've said you've never voted to raise the debt limit Which pits you against. Only the president of the democrats but the republican leadership both houses of congress most of the business community. Are they wrong when they say. This would lead to an economic calamity. Are they just not telling the truth. I misled i. Think they believe what they're saying. But i think they don't understand economic policy because they're afraid of a default and they've been frightened but this is the way so often government works. They try to frighten the people such as frightened people about being attacked by nuclear weapons. That don't exist that we go to war needlessly but the bailout frightened the people so you bail out everybody and forget about the people who are losing their houses so yes. There's a lot of that but my point is is serious. The debt is too big. You can't solve the problem of debt by raising the debt limit. And that's what they were trying to do. But you've been you've had this position for years and years for decades you've served in the congress you haven't been able to win folks over to your point of view..
New York City Mayoral Candidate Eric Adams Sues Over Botched Vote Count
"Wanna move on now to basically an update on what we've covered yesterday. Which is this unbelievable. Vote in york city. It is incredible. And now eric adams He has filed a lawsuit against the election. Which was believe ably messed up. They put one hundred and thirty thousand votes. Shouldn't have been in there in there somehow. They didn't notice it and destroy the entire election. And of course we're covering it because there certainly are implications in the national election. We had last year but there are also implications for the entire electoral system. Which on all sides is now. I think Under attack
"ron paul" Discussed on Ron Paul Liberty Report
"But i think the answer is finding a principle of non intervention in the principles of liberty can go a long way to solve these problems. Daniel just backing up a little bit. Dr paul because you made a good point earlier. He made a lot of good points of course but early on when you mentioned the corona virus situation because yes we have indeed walk on eggshells over the the course of the last several months. Because it's been made very clear to us what you can and can't say Your position has been clear which is very skeptical of lockdowns finding them counterproductive And finding that more harmful than good and in fact. It's interesting because that was supposedly against the science. You can't say that it's against the science and now all of a sudden novi. You've probably noticed this. Dr paul none other than governor cuomo has done a flip. Flop has done a one eighty and said we can't stay lockdown forever. There's not going to be anything left to open up you know. The lockdown is bad. And even people like neil ferguson in the uk now are changing their tunes on these things. So this is a danger of a rigidly enforced of sort of paradigm by big social media companies. You can't say this because it goes against this for these things change quite often in fact it it. It does have the effect of squelching debate. And you know the the genius of suppression under the soviet system was not that they had someone in everyone's house making sure they didn't say anything against the government. They didn't have someone with a gun to your head making. Sure that you Went out and marched on may day would they did is they. Got people to self censor. They stopped bringing up controversial topics. Because it just isn't worth it. Hey i don't wanna lose my job. I don't wanna lose my friends. I don't want to lose my social media account so people just stopped talking about controversial things. What did they do varied themselves in alcohol and our cottage and other things because it's part of human nature to express our views even on controversial things like people always said dr paul. We don't have free speech that we can talk about the weather. And so this is the real danger of distance. Shrinking the public sphere the ability for us to talk to each other the self-censorship it causes severe psychological damage. It causes damage to our way of life to democracy for backwards better word and hopefully people will start waking up. If you don't like donald trump's tweets don't follow him. If you don't like nancy pelosi don't follow her. If you don't like press tv don't read it but don't go into this frenzy of.
"ron paul" Discussed on Ron Paul Liberty Report
"Our guest this weekend is none other than my former boss. Dr ron paul. And i'm surprised in looking back over the archives to see that we have never had dr paul on our weekend show so we need to rectify that and we need to have one is alive guest very near future to handle some qna but for now. Enjoy a great speech. Dr paul gave this past weekend at our circle of in houston including a great reference. To how bernie. Sanders doesn't seem to understand that. The plymouth colony experiment in america was actually failure. Stay tuned and have a great weekend. When i think about when we think know.
"ron paul" Discussed on Ron Paul Liberty Report
"Just remember. the soviet system did not collapse because we had to fight them. They collapsed for economic reasons. Kissed where their final plunge was on their empire afghanistan so it makes no sense for us to think that we can keep troops in hundred and thirty five countries nine hundred basis and think we can do it forever so no matter how badly you want us to do that. It's time to reassess worn policy. It's time for different. Bring troops troops in japan's world war tune in germany. Why are they. Why are we paying for their defense. You know there's been a lot of talk about the budget deficit. And that's that's something that i was concerned about. Just a few years back mike. Nine hundred and seventy six. And that's why i haven't voted for any appropriation bills during that period of time either but people are starting to recognize. Its bad you know we have to do something about it. We have to have a balanced budget amendment. All these things you know the unfortunately is even inspite of the improvement in the congress right now. We don't have the votes which is tragic. It's going to continue and we're going to continue to bail out. We're going to continue spending money. Nobody wants to cut. I'm sure half the people in this room won't cut one penny out of the military and the military is not equated to defense defense. Spending ones thing. Military spending is what is called the military industrial complex to work government. As you all. I am sure would agree. You out of control is very hard. Get a handle on it. So let's say we even theoretically in a miracle happen and we balanced the budget where we are. Today it would be still a disaster because we're spending too much money but he wouldn't change a whole lot when a crisis comms. Guess what happens yes. Who does the bailing out. Oh the federal reserve four billion dollars to pass out without congressional approval in most all. Well that's the federal reserve boots job to do that. No it is our job to check up and find what the federal reserve has done auditorium in who.
"ron paul" Discussed on Ron Paul Liberty Report
"Philosophy about what this country is all about this past week we had a pretty good victory for the freedom movement. We had a vote up all of a sudden under suspension and it had to do with the patriot act and the patriot. Act the patriot. Act we know is that has nothing to do with patriotism. They always name it opposite of what it is the patriot act literally the destruction of the fourth amendment..
"ron paul" Discussed on Ron Paul Liberty Report
"Here. Ideas do have consequences. And it's such a spar as i'm concerned a wonderful idea personal liberty in how. How do you define personal liberty. No violence you can't commit any violence against anybody else. Pretty simple rule no lying and cheating no stealing no killing or that be pretty neat one day and would would that mean your un-american to some people that's on america but no that is really part of the american early spirit is that we shouldn't be killing each other and we should we should think of voluntarism and participation in a free market and also want if we were moving in this direction you know. The founders thought counterfeiting was one of the worst thing to do. They actually had established the death penalty for counterfeiting the money. So so here we we we we we have the counterfeiters there's more counterfeiting by our government and the governments of the world monetary issue any private organization so private people finally get caught at it but it seems like the free this attitude. There's something for free. The people get tempted by this. And saying yeah. Yeah so we have to participate. Just thinking what's happened this year. I can't even keep up with trillions at least three trillion dollars and this is supposed to solve the whole problem crackup boom. I think. I think we must be about that close to it because last week was a horrendous week when you saw the stock market. Doing gold during this crypto. Doing this debt doing this. I mean how. How much longer can go probably longer than we think. It should has for sure but but the one place where. I think we're way ahead of where we were. Even one hundred years ago is the crispness that we can define what we believe in. Because i think i think liberty is more understandable when i first went went to congress. Is that most of them. Never even heard a word libertarian. So and the other thing is is i..
"ron paul" Discussed on Ron Paul Liberty Report
"And gus mesa's to come there. It was just an interesting story about the coincidence about how the happened but one student had some effort in. I was impressed. With the seth with with a whole whole notion that even then people people were interested it was it was known i mean he was known well enough but not the professors. There probably weren't many many many professors there so this very very exciting time but you know of elections. I think i think elections had. What do they what do they are. They necessary should. Should we have them. And yes i think there is a significant but he has to be. You have to sort it out is. It's is a significant because you can look back and say we are such great american. We believe in democracy. We're going to have fair elections and we're going to let the majority sort all these problems out but you know the the election. I remember and read a whole lot about that. They are significant many times in a very negative way in the one i'm thinking about is a nineteen forty eight and that was when lbj orchestrated one of the worst thefts in history of stealing the senate seat and so he gets elected and he has a career afterwards he he gets in there and he was just a hey was just a a you know just determined to have political power and he ended up getting he ended up becoming president and he of course then inherited the vietnam war and he he was a terrible terrible war monger but he he did this and he ended up with this tremendous power but come nineteen sixty eight four twenty years after that he was first elected i mean he was in big political trouble. You know he he It was discovered the first primary in new hampshire. That he has been. You know hurt politically weak. And he dropped out of the race. Suddenly it was a big event when when lbj dropped out of the race and in the end Of course wasn't long. After that he went back to texas and he spent all the time. He got exactly what he was aiming for and he died a miserable death i mean he he was one intake cares health and i guess he gets to that point he has all that power really had nothing so within a year so he died just bad but it was..
"ron paul" Discussed on Ron Paul Liberty Report
"I want to thank everybody for being here today. And i thank for thank you so many that have been supportive of not only my viewpoints in what i've tried to do but also who supportive for the philosophy of liberty that is what counts ideas have consequences and the politicians really aren't worth that much. If if their goal is to just be an office. I have so many young people come and i'll be talking crowd. Many college kids will come. And they'll sorta grasped and say this is great. This is great i think. I'd like to be a congressman like you. What do i do. i say don't do it. Don't do it at all. Because i said unless unless you're going there for the right reason but if you're going there to be a congressman what they're generally thinking about is what should i run for. I am. I going to raise the money. How am i going to organize. we're do the advertising. What am i going to do on the internet. They want technical part and that that i never gave one minutes worth of thought to because the only thing i was looking for in the nineteen seventies was a forum to talk about something when i first ran for congress in one thousand nine hundred seventy four. It was in the midst of the watergate crisis. We had three republican congressman in texas. And nobody was going to file for a congressional seat in nineteen seventy four. And so when i was hitting to somebody that i because i was very motivated and aggravated by the stupidity nixon's monetary policy so indicated to a few people that i might do. How do you do it as an independent. Because i want to join a party. But the republicans end were really desperate. This guy might be foolish enough to run. We'll have a name on the ballot. So so i did that. And it turned out to be much more than i expected. But the goal was very clearly talking about the issues of liberty and the talking about monetary policy and that that took too long time to realize that you know it was a different difficult task but I did that and to my surprise. The incumbent democrat resigned from office and it was a special election in a special election is special. It's different completely different in a sort of it's sort of One of those things. You couldn't plan it. There's no way this could be playing. I'd never never had it or never could have had that. When i was eighteen years old i knew i was going to go to congress. Nothing like that. You know when i was eighteen i was barely thinking about. Maybe you'd like to become a doctor and do something positive. So we that that happened. And lo and behold special election turned out differently but my wife. Carol's with me today. And i think she's sitting back there you might say.
"ron paul" Discussed on Ron Paul Liberty Report
"But the principle is what has to be challenged. Why should we have people with hundreds? If not thousands of people participating in palm of the surveillance State and I don't know I've read too many books. Now. I printed quit reading about conspiracy books about how often how often are governments have survived used assassination. Yeah, domestically an international all that can't be possible. I I used to say that can't be possible. They're not that way, you know, but but boy, there are some people have done something, you know investigation and they details to bring up the explanation that yes, our government does get involved and that that is a if that isn't challenge if we don't challenge the CIA and not believe that they're going to take care of us, but then we're going to going to be dead. A big contest and we're already into the contest with secret government. Yeah, and you know, we we heard of this ongoing Assange trial which we should try to cover next week horrible stuff, but we learn their thoughts was figure trying to out how how to assassinate the sun himself. So we know that they're still involved in this but unfortunately, this is Trump, he's got Pompeo he's got haspel. He's got Elliot Abrams surrounds himself with the worst college people. Then he scratches his head and says cuss a wonder why things are going very well for me in policy, but I'm going to close out unless you've got some more to say about house. You know, I'm getting really depressed over our show today. So I'm going to close out with not only good news doctor Paul, but unbelievably terrific news and let's put up this first clip and that this last clip second-to-last slip and that will tell you why I am so unbelievably excited. No before that, please shut up man end of unearned opulence by Ron Paul a new Mini book just came out brand new book. It's it's unbelievable. It talks about it's literally ripped-from-the-headlines everything. We're talking about the fake Prosperity the overreaction to the coronavirus what it all means for the future with this doctor Paul. I think is one of your finest of these mini books. I love this quote lying cheating stealing and killing by governments are now too often accepted as acts of patriotism rather than a deadly sins. We're offering this book to our supporters who helped us keep the show going who helped us keep the Ron Paul Institute going keep the hope for Liberty alive the fight for liberty life. We're going to give a copy of this book to every person who makes a contribution of $50 or more to the Ron Paul Institute, and if you make a contribution of $100 a month, Or sorry, dr. Paul he's agreed to hand sign these books to you. So you have a personalized hand signed copy. Let's look at that final one. This tells you how you can make your donation and get your book bag. Go to the Ron Paul Institute website Ron Paul Institute. Org. The link is in the description. You see that little thing that says support there on the top margin just click on that and you can play online. You can send a check you can in this is a limited-time offer. Dr. Paul we we're going to go through the month of October offering this book to people but don't wait because we have it also allows Supply you are going to want to get this book and read this book. It's a terrific book and we're grateful to you. Dr. Paul for writing it very good. Thank you. I read it a few times and I gave it a very good now. I want to thank our viewers for being so supportive and also coming and visiting him with his every day and we do pay off..
"ron paul" Discussed on Ron Paul Liberty Report
"And and and and the right thing that's what we're hoping that have it'll do because we live here but you're right the Democrats will automatically hate him no matter what he does and he's losing that base of conservative Republicans for lack of better term free market people who are being destroyed. Well, I'm going to close out if we're done with the I'm going to circle back our good buddy doctor falchi and this came out over the weekend. This is going to it's not going to shock you I should say it's going to shock you let's look at that next picture. Here's falchi. He cautions That vaccine won't eliminate the need for masks and public health measures. So he's saying even if this magic vaccine comes you're still going to have wear a mask. You're still have to gonna have soldiers. Distance and this is a shocker. You're still going to have wash your hands because of course before coronavirus. Nobody ever watched their hands. But here's Falcon. This is next one. This went around over the weekend this little meme over here if we can look at the next one that next picture and this is this is also hypocrisy the one on top is foul Ki and join a baseball game. Of course, they cleared everyone out but him and he's there with some guests and not wearing a mask off underneath is the woman from Ohio arrested tased manhandled brutalized. She was doing the same thing sitting out door watching a game without a mask on this is the hypocrisy of our so-called leaders and I'll just finally my last thing doctor Paul is encouraged all of our viewers to go to Ron Paul Institute. Org for articles subscribe to this channel hit notification so you can watch and keep up with the Ron Paul Liberty report very good and I'm going to close by talking a little bit. I haven't done this before talking a little bit about my weekly report because I want to emphasize it because was a dog Incident that occurred last week when we got blackballed and we it was taken one of our programs taken down and we've been warned so, you know, of course we've been warning ourselves all along..
"ron paul" Discussed on Ron Paul Liberty Report
"Do with free and cry. But anyway, they were excited about it and and I thought it was a disaster and an interesting enough that next day the stock market's went up our record level in one day and it was like thirty eight points that was a record back. and. So the business community was all for thought. It would solve the problem of the inflation that we have and put the wage and price controls on so But then you know as time went on, it only took six months or so later, the wage and price controls were a failure and and people were knowing there was a major problem they inflation much worse and I thought. You know they're not even talking about what I think. They OUGHTA talk talk about monetary policy but. You know I went out door outside my house I waved to fly said I wanNA talk to you come here talk nobody. Nobody wanted to listen to my stuff. So I decided that was in nineteen, seventy four, and that was during the Watergate eater and nobody wanted to run as a Republican. There were only three Republicans, all the Texas delegation. I'll do it. I'll do it. So they encourage you to anybody we can get on there and he's foolish enough to do it. So I went and got on the ballot and and did Did speak out and didn't do much. But there was an unusual thing happened and the unusual thing was the person Iran ah gas shortly thereafter retired. So there was a special election. especially, elections are different and even though it was a small little turn out. Well, it's a Republican district I mean Democratic district has always been and we don't know this guy. So what but things came together there were war. Agreed with are saying we won that special election. So that's how they got him and ball but I kept telling Carol my wife is a she was seemed to be worried about this because she said. If. You might win and she says, this will disrupt the whole thing you're in your medical practice, your this I just WanNa talk a little bit because I think going in the wrong direction I think they're they're going to run up a lot of spending and novice. So anyway, I assured her, I said don't worry Carol. Pay Any attention I said. They're not going to They're not going to vote for somebody who wants to get rid of Santa Claus. She says, they're going to vote because they're sick and tired of carrying the nonsense and they'll no, you don't give them a straight scoop. She actually turned out to be right I was shocked and and end up winning that election and been involved since in. Different Ways I've been in and out of Congress but I still had the basic thought that the principles are important. The principles of liberty are. Important Libertarians New Dad they actually had a principal they call it the non aggression principle, and that is the reason that you kept talking I figure. Well, then I got elected and I thought well what I can't do nobody's. Paying attention. Now, what I needed to set a standard on how you should vote if you'd happened to fall upon that document called the constitution, and of course, it was a lonely things on taste. You know just motive all by myself. I think inside set up a record but they all change in. An an twelve when. When a few people talk me into running as as a Republican that we're that to me was a shocker on how well we did and how many people. had come around to looking governmental away I and.
"ron paul" Discussed on Ron Paul Liberty Report
"Supporter of the Federal Reserve and. Hit people say how could you say that he's challenged them all the time? Yeah. But he's challenged has challenged on all the time to lower the interest rates in print more money faster because of all the needs that we have. So that hasn't been good and that's because. The. Democrats and Republicans endorse a policy of this fiscal spending spend which you need for. For both the welfare warfare state and they do it in. There are no controls. They've all been educated with the same same people from the same college is on occasion economics though he hasn't done very well there but if he went to strictly. Is the country. Going to be better if. Trump wins or loses in the fall. I have all these shortcomings or at least I would say that the immediate reaction with a an election of Biden the country's going to be much much worse and markets get even shakier but long-term basic policy is what I've been talking about doesn't really change. You know we have the same military policy, fiscal policy spending and all these things. So long term not Much is going to change with the election and over the years I've always said that there there isn't going to be much change election. We don't have to parties we have one party they get along too well because they agree on the issue, they basically agree with foreign intervention they agree on the Federal Reserve agree on deficits and they believe in a manner she konomi. Rigging of interest rates and all these things. So it's sad to report but election long-term prize not going make a lot of different short term the country will probably do better. If is not so much if if we have trump as much as if we don't get Biden because he's he scary but you'll ever scary but Republicans can do scary things too and that's because they lack a principal to follow and that's why you know I think people should pay more attention to what libertarians believe and try to promote a libertarian philosophy rather than an interventionist policy. Okay. Our next tweet is from Red Ramon Junior. And he asks what got you into politics and why did you become a libertarian I was born a libertarian think everybody is basically born a libertarian and we beat it out of them. You know the Convention's Have, to you have to conform to government schools, you go to government education programs, but I think basically I think a two year old shows libertarianism up. There on her own and four year old and teenagers that are very independent and and they believe that they would like to run their own life. But of course, maturing and growing up means that you have to have guidance and there's a big difference. Between no guidance. Or having guidance by parents and a community, a church or somebody had to guide you. So it's a It's a thing that I came Iran to believe in this I got introduced really into politics through economic even though I was. In medical school in different places, I also became fascinated with economic policies came across the school of thought, is called the Austrian. School of Economics found it very intriguing and answered. So many questions although it's a minor school. Compared to the others it's a major school when it comes to ideas and correctness, and that is why most people who watch program so very much about what So Austrian economics all about and and free markets and I think that's that's beneficial..
"ron paul" Discussed on Ron Paul Liberty Report
"Hello everybody, and thank you for tuning in to the Liberty report with me today as Chris Rock Zanny our co host. Chris Welcome to the program Dr Paul. It's great to be with you. Well good. I. Understand our program today a little bit Jeff a little bit more relaxed. What do you have in store? Well, we asked our many twitter followers to send in some questions for another edition of ask Ron Paul and we had many of them. Unfortunately, we can't highlight all of them, but we chose a few to highlight today. So I'll get started with the first tweet is from N. Fuller seven, twenty one, and he asks what is your opinion on the trump administration Has An open ended question. I have a lot of opinions about it. But I'd start off by saying that. If you want to talk about the administration, you had to say compared to what you know when the election was going on in two thousand sixteen it was always back and four asa the quality of the day. And I made the statement back then that it was a contest between just who is the most hated person in the country and of course that was a little bit of hyperbole but anyway. person who wants to know and the truth is I I. Don't think anybody's Tauzin about us. Since I see things and Libertarian sees thanks mostly through philosophy that is hard to sort out because see even though the president is sympathetic sometimes to libertarian idea and sometimes he's not sympathetic libertarian idea I don't think he's worrying about that I think that the the biggest job he hadn't sixteen was pointing out some shortcomings of Hillary. Did a pretty good job. Often thought that what he did in the campaign the most important thing that he did was you know challenge the whole system including his opposition with political correctness. That's one of the reasons that trump got elected because he was willing to just say things that people were thinking. You know about all the nonsense going on others would say, well, he goes a little bit too far. And yet, he won the election today I. Think there's a lot of that going on out to the political correctness when it comes to especially why how we're supposed to manage the corona virus? What are you supposed to do with black lives matter and on and on so those those are challenges but if I looked at it in general, I would say that one place where he.
"ron paul" Discussed on Ron Paul Liberty Report
"Even taking that into account, you're still seeing that decline in hospitalizations and let's look at the last one. Here's more good news. We would say good news because the PLO hospitalizations having peaked, that means. That, in the Houston, medical center which you remember. Just three days ago, they were ordering more trucks in because bodies were dropping in the streets well, it looks like they're not even going to have to go into phase three of intensive care, unit, room In the lower end of phase two, they just barely bumped over their normal phase. One intensive care unit bed availability, so they have not gone even beyond the minimum. That's good news for everyone who actually cares about people. It's bad news for fearmongers and scaremongers but it looks like we are over the hump. The question that we had yesterday. We have today and we'll have it tomorrow. What are they going to do next to try to scare the heck out I think? The key to who who's going to be the winner of this tug of war going on and. Right right now they need. They need an enemy, or they need bad statistic, and if they don't get enough excitement and continuing the war against the virus, unfortunately, they're gonNA have built up the enemy in China, and that's worked pretty well. They can combine China both with the they're stealing our secrets, and they spread in the virus. You know this sort of thing but that's. they? They can't exist without it and we now that we've talked a little bit of Huntington page. I just need more truth tellers. And we get the truth tellers there and. They can't HYDAC forever. I think we have enough. Freedom left to do that and I think our numbers are improving, but we we don't. Have you know we nickel and dime it but truth is powerful, and they have not billions. They have trillions of dollars to play these games. Yeah, war machines going on, and they sent her national. You know they've gotten this whole epidemic pandemic international, and also we stated that trying to make the concern about China International. They're bringing people together so I, think we're. We're doing okay in the sense that more people are becoming alert to, but still have a long way to go, I. Do want to make sure that we here. Are the Ron Paul Liberty report that we strongly you know. Appreciate the support you have given us because I do think that we have see changes, we see the natural changes that occur because viruses do that, but the other kind of war is not so natural..
"ron paul" Discussed on Ron Paul Liberty Report
"They're always telling lies and they have this special interest. I don't know all the details of that but I do know something about our CIA and if you say that you can believe everything the CIA tells you then. We really do have a problem. I bet the Kennedy family. They wouldn't agree with that. Yeah we know the as you say when when all the smoke clears and it turns out. They have to revise way way way down. Don't expect them to say we're sorry they're GONNA don't blame us. We were just trying to as you say. Keep you safe. In the meantime we may find out that there may be as many or more that have died as a consequence of the shutdown. I personally don't know who anyone who's died from corona virus. I do know some some things about suicide. Some people have had some serious medical conditions. That have come up. That are life threatening because their doctors said we can't treat you. We've read about that. We know personally So these kinds things are coming up over and over and over and you'll never you'll never have to answer for it. They've never have to answer. You Know Texas in two thousand eighteen had ten thousand flu deaths in the Houston Chronicle. You can see the headline. We've had just over ten percent of that this year. We've seen a massive lockdown. Can't go to the hospital can't get your treatments can't go to stores shutdown restaurants It's a disaster. Occurs is statistics that will come out. Because I personally know and it's a pretty close to home people who didn't get proper medical care early on and it conditions deteriorated and we've mentioned before you know. They disrupted everything how many people really allies were saved with those two. Large military vessels They had one in West in California and they had eighteen people show up in hospitals were empty and they were firing not firing laying off people because nobody would come. They terrorized everybody about going in. I mean it's it's it's people will worry about the virus but you know what a lot of people worry about is. Is the bureaucracy coming in pestering you to death? You know. We got to take this test this test this test and check your family and everything else. It's that intimidation that really makes people frightened about trying to live a normal life. So the people really. I wish I could do something more to try to alert people to what's going on and I argue is should not that complicated people. People should cherish their liberties and cherish their responsibility to take care of themselves and not trust politicians. You know if you if you don't like what a couple people were doing. Why put them in government put out she in charge of all this? This is what we get. Dr Paul thankfully our our numbers are growing. And we're grateful that people are turning to us. It makes us want to work all the much harder early in the morning. Trying to figure out and put a show together every day but we want to keep in touch. Dr Paul. Mentions we talk about a lot. There's a lot of censorship don't want to entertain opinions that conflict with their narratives especially those that are pounded in their head by the mainstream media. So if you do WANNA follow us in a in a closer way. Go to the Ron Paul Institute website Ron Paul Institute dot Org and then just go and subscribe or better slash subscribe subscribe to our updates of course will never give out your personal information But we'll update you on things that are happening. The possibility of even having a conference who dot ball in the future at all but these kinds of things. We want to keep in touch so. That's a good way to do it. Dr Paul Good and I wind just closed by comment about tracking because I think tracking is a real issue has been around in history for a long long time. But it's always a tool dictators so you can't take a society that pretends they protect individual liberty and introduce the notion that the government has to track you because they want to take good care of your health and make you make you save and right away. That's a danger point and that is what's happening. They they do the they do the tracking and they do this with a dictatorship and the no matter what war that the bureaucrats WanNa fight and authoritarian. WanNa fight whether it's military type or the social type. It's always a war because if you're against war you're unpatriotic why is it that piece people people who have no peace are more likely to be labeled anti-american you unpatriotic and a main nasty person? I mean that that has to change and it hasn't been that way all the time and those issues are always split people in two different directions but I still believe that. There's a lot of people out there that would agree with and say yes. I'd like to have my life back. I'm sort of hoping that this little episode. We've had with current a virus. Wake up people and say. Why are we doing this? It doesn't help us. We're losing our liberties it didn't save lives. And I think there fee feeding us a lot of nonsense and that's why these statistics are important. They lie to about how many people have died from it and later on these figures will get much worse they lie to you and said Oh. Yeah those numbers are getting better. But next month there's going to be a new virus. We have to come to the point where we shouldn't be intimidated with any whisper of fear and because fears always promises are always going to exist but you have to ask the question. Three individuals Handle these problems better than government bureaucrats who have special interests who become powerful because they lie to the people so. I don't think the problem should be that that overwhelming I think the founders had it right the dictatorship they were living under. They didn't like they tried to give us a republic but unfortunately there's not much left of it but as long as we can speak out and change people's minds one person at a time which were still able to do. We have to do it. And that's where we have to concentrate our efforts in trying to persuade people that liberty is far superior to the authoritarian principles of abuse of our lives. What thank everybody for tuning in today to delivery report? Please come back soon..
"ron paul" Discussed on Ron Paul Liberty Report
"Consequence should be if you have a right to your life and your liberty you ought to have a right to keep the fruits of your labor the and it's comes down and policies. That are very easy. If you start with that you know we will. We just canceled out. Nineteen thirteen we wouldn't have had that year we wouldn't have had to fed and we wouldn't have had the sixteen th amendment. We wouldn't have had the change in foreign policy and we wouldn't have had the change. In the way we elect our senators and I we would have had a much smaller government but unfortunately the others think of the authoritarian approach because they have this idea that people have to be taken care of and otherwise. There'll be blood in the streets and people could become unemployed and have inflation if they didn't take care of them and low and behold wallows do go to look at what they're giving us so our job intellectually is to make sure the blame is placed on the proper place. I think we're ahead of where we were in. Nineteen twenty nine because very successfully throughout the thirties really buried free markets and they buried the gold standard and then gave more power or to the executive branch and to the Federal Reserve. But today. I don't think it's going to be the same. It's the only thing that we have to really be concerned about economics. Who's going to get blamed for this mess? And that's why we have to target the Federal Reserve. Make sure they are blamed at fault. We have to target those individuals in Congress who believe the purpose of Congress's congresses. Spend money and take care of people and undermine liberty and the victory has to go to those of us who believe in personal liberty and believe leave that balanced budgets are important and small government is important and come around to the belief that minding our own business and not telling other countries countries. What to do is very important if our SURPRI? If if we're going to survive the the opposition is limited and fortunately for us limited because truth is not on their side and truth is on our side and truth wins out in the end the even though there can be a lot of hardship and a lot of suffering in a way the Soviet system broke down because of the truth said socialism. Awesome doesn't work and it can't work will fail and we didn't have to fight him. We didn't have to fight him with a nuclear war. Failed Truth one out in the end in. And there's always somebody there to hold it together. And I think of individuals like salsa needs and he was born with the Russian revolution and yet he got through life five he he was well educated. He he knew he somehow got hold. A book send believes had religious beliefs. All this inspite of it and there's always somebody is going to be there to hold it together because you can't you can't squelch it. You can't stamp out forever the Truth Truth. Economic laws are on our side. Yes they may well be rigging the price of golden did that in sixty two. They kept it at thirty five dollars an bounce but eventually the truth wins out. You just can't keep printing money forever and think that prices go up including the price of gold and everything else else economic laws win out even though we're not smart enough and don't pretend that we know what month it's going to happen but economic laws are reliable and we know that not if we understand those and how the economic laws affect the undermining of our of our liberty we Are you know I in a position where endurance is really crucial. If we give up too soon that is going to be a tragedy as long as we perse persevered I believe We can win this those individuals who hold the system together those few who cling to it and one gentleman that influenced me a lot. I believe he participated and this was with Leonard Read. And I don't believe have you can. I don't believe that the authoritarian can ever put out the spark of liberty in everybody even though most of them set it aside. I'd are convinced that doesn't work. And they ignore it. I think there is a spark of love for liberty and everybody but I think in a group like this is spark is alive and well so in in what we have to do is at night that into a flame and and I see that happening here in the last couple of years this this thing. This spark liberty has hardly been noticed. But I think we have a flame going now and there certainly is a necessity for this there is a growing need for these views to become the prevailing attitude. If if not we don't survive live. I mean what what has been great about. America is going is going to be put into hibernation. Something serious will happen. It'll be more more authoritarianism and more poverty and more war. One of the most detestable arguments. That I hear and MEESE talks about inhuman action action in that. Is this notion that war can be of an economic value. I think that is the worst idea for moral L. reasons even if it were is it's horrible to think about it but it is not and yet I hear it on the House floor. We you know there's were that might help help the economy. Oh sure take a billion dollars out of the pockets of the taxpayer and build more missiles and blow them up and kill people and create eight more people who hate us in more likely to attack us and say that Oh yeah a billion dollars the GDP just one up a billion dollars they a major that you build trucks and tanks and they call that increase in the GDP is a total nonsense. I think in the government spends money. You should subtract it not.
"ron paul" Discussed on Ron Paul Liberty Report
"Thank you like. I've said so many times. I like to get out of DC because as I'd ever get an applause up there among friends. It's SORTA very nice to be here and get that in Nice to be among long so many who are obviously supported the institute but obviously supporters of what I've been trying to do lou had a grand idea about the maces uses institute and I've had my own little angles about how to change the world but the truth is is Lou can't do it by himself and I can't do it by myself. They're half there has to be people like you to support us and get behind this because there's nothing nothing comes easily and and you can have a grand idea but it doesn't work unless you have support so it's really nice to be here with so many good supporters of the Freedom Movement Lou mentioned about Carol's birthday. I was going to do that. He sort of stole my thunder. But I will. I will add one thing though about that. I think think I was misled a little bit or I maybe was fooled into believing that I'd get away without giving birthday presents about every four years. They haven't gone away with that one bit she. She claims she has a birthday on the twenty eighth and March first so she wants to days instead of no days on these on these off years. So it's it's it's one thing but she She has stayed rather young. And and but right now when she has her next birthday this you'll be the same age as I am so but you know she and I've been married for a couple of years something like fifty three or so somewhere around in there are but And.
Republicans slam Trump over withdrawal of troops from Syria
"Has the president is just getting you're always taking fire from all sides here this morning and this has to do what I wanna make sure we college member we've got troops in in Syria troops there there were helped to stabilize the situation is we were trying to find fight and defeat ISIS and I think as successfully decimated them you're never going to defeat the ideology but you know we did win this battle no question about that we're talking about fifty troops that's it the present is moving fifty troops within Syria not out of the country but just out of the northern border there were the Turks plan on the going in and taking care of some of their business for whatever reason the president saying look this is a campaign promise and this is something and it's just amazing me the president is getting hammered for pulling troops out of harm's way one second we get to a hundred percent now I get to a hundred percent then they say well maybe we could stay longer too well when do we get out is going to be a time we get it we have to bring our people by phone yeah and again this was supposed to be a short term hit maybe about sixty to ninety days it has now lasted for years and the president doesn't want mission creep like we've seen in Afghanistan like we've seen elsewhere get in get the job done get out I will get the courage here in just a second because that would be my only concern but I think the president can adequately address that Lindsey Graham of courses warning here comes the third World War this is going to lead to the re emergence of isis and the biggest one of all this will be the Iranians in as to that when you've got Democrats and Republicans in agreement and disagreement over this senator Mike Lee says we should be thanking president trump it should not be any more difficult for a president to take us out of a war zone it is for him to get us into a war zone what we really ought to be thanking him for doing this we should be thank you for keeping his campaign promise something other presidents all the politicians of of failed to do senator Ron Paul agrees with president trump I think president trump recognizes what president Reagan recognized unfortunately to lighten Beirut leaving three or four hundred people in an area that are vulnerable could lead to catastrophe but also doesn't really do anything to secure our national security you know I'm kind of the bleed goes big go big or go home you know two or three hundred people are just a trip wire to get is drawn into something and a tragedy probably so again we're talking about fifty troops of that's it and according to a Pentagon official called this does not constitute a withdrawal from Syria we're talking about a small number of troops that will move to other bases with in Syria once again manufactured outrage even on the part of US senator Lindsey Graham Nikki Haley's come out we'll hear from Meghan McCain she went on on on his moment yesterday on the on the view Benghazi sue will be with us here shortly we'll talk about her as says sing along with Mitch is opposed and I get a look at the biggest concern I I mention this yesterday what were the courage the courage to help those those who fight in Iraq the fight against Iran the fight against ISIS the Kurds understand the enemy being radical Islam so they fought with us they have shed blood with us as our allies and you don't want to hang out to dry and president trump has warned order one you know be careful with our troops be careful with the Kurds and the president on Monday defending this decision so he will quote totally destroyed I'm a liberal obliterate Turkey's economy if it does anything off limits in Syria including going after the courage that was my only concern is in these people who fought with us as our allies you wanna make sure that you know you you take care of them but here this is this is Much Ado About Nothing front with over fifty troops being moved within the country this is an thousands and thousands of troops on I can't imagine the reaction is within when we but we pull out of Afghanistan for good well the based meal basically will of the fear was is that Turkey was going to invade Syria and at the same time maybe a slaughter the Kurds are friends and the president has basically laid down the gauntlet as to what would happen if Turkey did such a thing there would be huge results that the that the the you know including sanctions and things of that nature that up and in fact maybe even pushing for Turkey out of the out of the NATO alliance there are a number of different things that the president wants that you know would do if if Turkey did it eventually try you know to invade Syria and and tried to annihilate the the Kurds now what and again though they are dead or alive that was an interesting chain and we knew the reason the reason why we need that the Incirlik airforce base there that is a key player in the in the Middle East but the again I'm sure the president any cities that comments are conversations with the receiver to on the Turkish president I understand that the again you leave our troops alone and you make sure that you're not going on there taken taken out the Kurds and it's all it's all for fun that being said this this is total over reaction we got more of a
As U.S. and Iran Face Off, Europe Is Stuck in the Middle
"President Trump briefly talked about Iran, as he boarded Air Force One yesterday looking at her on, we have a lot of things going with Iran. We have very prepared for. We'll see what happens. Brian hook is on the line with us now. He's a US special Representative for Iran. Mr. good morning. Good morning Noel. This standoff with Iran is escalating at the very least it appears to be escalating. Do you expect that these one thousand additional troops will be the end of the US response? Or should we expect to see more troops deployed to that region? We don't tell. Decisions in advance. But we have put in place in other thousand troops there in the region in the purpose of that is to establish to restore deterrence against Iranian attacks, which obviously affected freedom of navigation. It's a it's a threat to international trade and shipping. We are committed to working with our partners in the region, making sure that we have the right force posture in place so that we can restore deterrence referring to these attacks onto oil tankers in the Gulf of Mon. You're headed to the Gulf tonight as I understand it. Who were you talking to their what's the plan? I'll be heading to the Gulf this evening for bilateral meetings with Saudi Arabia UAE Kuwait Oman by rain, and then, from there, Elba, going onto Paris, for consultations with the, the Brits, the French and the Germans, there's a wide range of issues concerning the Iranian regime that we wanted to. Thus LB discussing runs regional aggression. Talking about the recent attacks on the two oil tankers in the Gulf of Oman, and also sharing additional US intelligence, on the various threat streams that we continue to see in the region, you're going to be talking to our European allies. Our European allies still favor the nuclear deal that the president withdrew from does the US want the existing deal to simply fall apart at this point. That's really a question for those that are still in the deal we left the deal about over a year ago, and that has put us into the position that we're in today that has allowed us to run a campaign of economic pressure with the goal of both denying this regime, the revenue that it needs to run an expansionist violent foreign policy. But, but it also is designed to bring her on back to the negotiating table. If you look at the forty year history of this regime, they don't come back to the table, absent pressure. And we are we've put in place, a foreign policy that has. Has denied this regime tens of billions of dollars in revenue, and that is having a positive effect in the region. Well, actually, Iran's president Hudson Honey, said this morning that Iran will not negotiate with the United States under pressure. So President Trump. The Trump administration may be open to this, but it doesn't seem to be working on Iran. Does it well running regime will say a number of things that they're not able to actually execute. They regularly threatened to close the strait of Hormuz, but they're not able to do that. So we are we know that if you look at study, the forty year history of this regime is I have they do come back to the table. They certainly will not come back without pressure. Let me take you back to our European allies. Some EU foreign ministers have made clear that they're not convinced by US allegations. That Iran was responsible for the attacks on these two oil tankers in the Gulf of Oman. Why doesn't the United States share the evidence that it has gathered with our allies in Europe? wouldn't that help in part to convince them if that's what you're trying to do chancellor merkel's german chancellor merckel yesterday announced that there is strong evidence that iran is behind the attacks the british foreign minister said that iran is behind the attack so i think in fact our european allies have made very clear that iran is responsible for the tax in the gulf of oman we have been sharing intelligence on a very regular basis you're gonna see more countries i think follow the lead of germany and the united kingdom iran says they will be out of compliance with the nuclear agreement on the day that you're in paris what would happen on the diplomatic front if if they if they do leave the agreement or fe rena gun some of their commitments to the agreement in that agreement transom urkel yesterday addressed that same question and she said naturally there will be consequences if iran decides to make good on its threat into breach material sections of the iran nuclear deal what the kind of things that we're looking at very closely as whether iran is able to get to a nuclear weapon in less than a year the iran nuclear deal has them outside of a year we would like them as far out as possible this is still the world's leading state sponsor of terrorism they can never be allowed to have a nuclear weapon i know that we disagree with our european allies about the deal that we are completely in agreement that iran will never possess nuclear weapon and may i ask just quickly are you concerned that the u._s. is headed toward a conflict with iran i think we're doing a good job of restoring deterrence in the region back in early may we were seeing a number of credible threat streams that suggested imminent attacks by iran against american interests and the president's national security cabinet in the president made the decision to enhance our force posture in the region to share as much as possible and the the very sorts of major attacks that we feared have not occurred to date and we believe that is because we have Put in place enough deterrence measures to avoid that Brian hook US special Representative for Ron, thanks so much. Thank you. NPR's. Deborah Amos has been listening in from Berlin high debt though. Hello. What did you hear there from, from special Representative hook to things? He talked about restoring deterrence. They're not escorting tankers, yet, net is another step that they can take him. The second thing I heard him say is bringing Iran back to the table. What you hear in European capitals is. Yeah, we want that too, but you need to give you on a way to get to that table and not just, you know, pressure oil imports down to zero which has an enormous affect on the economy in particular for Iranian citizens. You need to have an opening not just put a telephone number out there and say, you know, when you're ready and that they say, is what they want here. Europeans are stuck in the middle of this standoff. Our European allies. How are they dealing with it? oh they feel it they feel are stuck in the middle and it's going to be hard for the trump administration to forge an international alliance because they don't see eye to eye on how to deal with iran what the europeans are doing is they're trying to keep trade open with this system of barter called stacks which would allow food and medicine to go to iran under the old sanctions policy nobody would sell them food and medicine and they were short of cancer drugs and nebulizers all kinds of things so the europeans are trying that it is limited the iranians don't like that it's not a great sales technique to keep them in the nuclear deal but that's what the europeans want they want the deal to hold and merkel's comments that if ron paul's out there will be consequences was the toughest that we've heard in europe in response to the iranian announcement that they may just pull out and paris deborah amos in berlin thanks
New caravan crosses Guatemala as first migrants enter Mexico
"More potential chaos at the US Mexico border. As yet another caravan heading our way, former Texas congressman libertarian Ron Paul weighing in USA radio's Timberg with the story. A new US bound caravan that formed in Honduras quickly grew to writing around two thousand people as it makes its way toward Mexico. Former Texas congressman and libertarian presidential candidate Ron Paul tells Fox News that welfare incentives, are what are drawing people here to the United States. I take a position that is not well received by either side because I say my answer journalists -tarian, I don't look forward to walls to keep people in or keep people out. And also, I've argued the case incentives. Have a lot to do with this. Yes, we should have border secure. And let people come in and be generous. Let them come. But people who come illegally shouldn't have an easy road to citizenship. I can't see that for USA radio news. I'm timberg.
Texas Libertarian Ron Paul: We don't need Trump's border wall
"Homeland security front and center for the administration. President Trump Thursday heads to the US border with Mexico to tour what's been built at the border wall. And what remains to get done? USA radio's Timberg says libertarian Ron Paul like, the Democrats not into the wall. Here's his report as Democrats and Republicans still cannot come up with a deal to end the partial government shutdown on Thursday, President Trump will travel to mcallen, Texas to tour border facilities and also meet with border agents. Former Texas congressman Ron Paul was asked to barter. Border crisis on CNBC. Terrier? I don't wanna walk people in. I wanna walk people out. But I don't want free open borders, either, I think you have to remove the incentives for people to come and they come because there's a welfare system here. Easy access to citizenship is politicized one group wants him because they think they can get the votes, but people should be able to come and visit and
CNN's Jim Acosta has White House press badge revoked
"The White House has suspended the right house pass of CNN's Jim Acosta, accusing him of harming an intern who was trying to grab his microwave during a contentious exchange with President Trump accuster responded on. CNN but didn't put my hands on her or touch her as they're alleging. And it's just unfortunate that the the White House is saying this, you know, we all try to be professionals over there. And I think I handled myself professionally in a statement CNN said White House spokeswoman, Sarah Sanders. Right. They said the White House revoked a Costa's press pass in retaliation for his challenging questions during the conference. Jury selection has wrapped up in the New York trial of Mexican drug Lord, Joaquin El Chapo Guzman. The jury of seven women and five men are to hear opening statements next Tuesday, the notoriety of the case has prompted extra security measures that include keeping all of the jurors anonymous. You're listening to USA radio news. Hi, I'm Wayne Allyn root, the conservative warrior my show. Wore now airs every day right here on USA radio from six to nine PM eastern. I'm also the star of the Wayne Allyn root show on Newsmax TV reaching over fifty million homes, but my favorite roles speaker extraordinaire, I was opening speaker at many. Donald Trump for president events, I speak at Republican conservative in college GOP events. And I'm available to be the star your next event. Contact me arranged for a Wayne root keynote speech. Call toll free eight eight eight four four four route. That's eight eight eight. I live alone and rarely have visitors. So when I slipped and fell in the kitchen last month and couldn't get to a phone. I knew I was in trouble. I could barely move. I tried calling for help. But no one could hear me as I lay there. I couldn't help. But think of my kids and grandkids having to go on without me. I was terrified it took eight hours from my neighbor to find me it could have been the end of me. That's when I knew I needed life alert one press this button. I'm connected to the life alert center where I can get the help I need even when I cannot reach a phone with life alert. I'm never alone. Go one eight hundred four one four one thousand nine hundred fifty eight for your free life alert brochure. That's one eight hundred four one four nine thousand nine hundred fifty eight one eight hundred four one four nineteen fifty eight call for your free life alert brochure today at one eight hundred four one four thousand nine hundred fifty eight. This is the Ray Lucia show. The best for the answers here. The one show that helps you make better money moves the program all about your money, your business and your life. Really? Than even. Call right now at eight four four ratio. Four. Why Joe w? This is the Ray Lucia show. Thank you very much. Thank you. Welcome to the one talk show in America. Helps you make better money. Moves Brad have you on board for this hour. Money power. Boy, the headline stocks set Bal another ten percent before finding a bottom. According to the piper Jaffray technician. Stocks due for a recession and a tumble CNBC's are cash. Stating that every decade since the eighteen fifties in the US has had a recession. We haven't had one yet. So it's gonna happen. My advice, you do not obsess over fear of recessions. Wayne, why also last hour I was discussing the seven-year asset class return forecasts by none other than GMO. Jeremy Grantham, the G in GMO also wanna talk about the market what's happening with the market right now because you know, we went from record highs. Everybody's now concerned that we're in the midst of a bear market, which is true, by the way for a lot of the SNP stocks down twenty percent from their high. But I'll get a chance to talk about that. But I wanna start today with the piper Jaffray prognostication. Just over a month ago, the standard and Poor's five hundred. Was setting record highs. According to leave now more than seventy percent of the indexes components isn't a correction or worse. With some high profile names like Twitter, Caterpillar, Ford and AMD deep in bear market territory. So what are you going to do about it? I mean this. This is really amazing to me because people will come out and say, yes, we're the stocks could fall another ten percent. But they sure as h won't tell you when because they don't know. And so what if they do? Another ten percent. When when you're up four hundred percents since the bottom back in March of two thousand and nine what the heck's ten percent. And will we recover along? We'll take for us to recover from another ten percent fall six months a year. I don't know. I do know this that obsessing about recessions, and so forth is not a good thing. You can go a long time without a recession. But art Cashin very highly respected person on Wall Street says that every decade since eighteen fifty we've had one. And since the great recession ended in two thousand nine. Obviously means we haven't had one this decade. But in reality. You can go a lot of years without having a recession. Australia hasn't had one since one thousand nine hundred ninety one according to Ben Carlson. Who's a researcher? And does this kind of research? Could we not? The entering into a period of time where we're not gonna have a recession. I find it highly unlikely to be honest with you in the near term. I don't know anything about the long-term. But I look at the economic numbers right now. An absent some squirrelly stuff with trades and so forth. That you have to hope that the president figures out a way to worm his way out of the pickle. He's gotten him with China now with Russia nuclear treaty and all that stuff. But but so far this dude is figured out. How to do that stuff? He's got the strangest way to negotiate, but it's it's pretty darn effective. So assuming he does and a lot of these companies that are freaking out like, Caterpillar and so forth. Because of tariffs with China at cetera et cetera. That too shall pass. No one ever said making money in the stock market was easy. No one ever said that it was easy. And it's not. But over a long time period you look at the charts. I mean, I'm not charter, it's okay. I hate looking at charts. I think it's a waste of time to look at charts unless you're looking at one like the past thirty or forty years and just put your finger at where it started thirty or forty years ago and put your finger where the other finger from the other hand, I should say where it is today. And you will see a nice line that goes from the bottom left to the top, right? That's what the stock market has done, historically. In between times. There have been some pretty wicked selloffs. I mean, pretty darn wicked selloffs we've had some pretty wicked ones over the last several years as a matter of fact. Since the market bottomed in early two thousand and nine. There have been corrections of minus sixteen percent minus nineteen point four percent. Minus twelve point four percent minus thirteen point three percent. And mine is ten point two percent. That's in the standard and Poor's five hundred and I can assure you every single time. The pundits came out of the woodwork said. Yep. It's over now. Harry dent probably said, Yep. This is the precursor to Dau three thousand. Which he has actually said in the past that the Dow was going to crash the three thousand and instead of crashing to three thousand it's stored the twenty five thousand. I mean. He's a smart guy. No question about it. He's from Harvard, and he's not the only one by the way. I saw Ron Paul the other day on some TV commercial, and he's expecting a whole world to go to heck and a Handbasket and many many many others. But let me repeat since two thousand nine we've seen the market, correct? By sixteen percent. Nineteen percent. Twelve percent thirteen percent and ten percent. So when I read about piper Jaffray prognostication that we're gonna fall another ten. Oh cares. Who cares? If you were smart enough to get out, and then doubly smart to know when to get back in then perhaps you would care, but I don't. All right, shifting gears to the market as I said, Jeremy Grantham produces his seven-year asset class real return forecasts and as of September thirty two thousand eighteen. Here's what he had to say. Now when I say real return that means after inflation. After inflation. US large-cap stocks after inflation. Minus five point two percent per year. For the next seven years. That doesn't look good. Now, I have to also tell you that Mr. Grantham has also been wrong small-cap, stocks, minus two. High quality stocks minus five. Large companies international minus point five small international companies, minus point four emerging markets. Plus three point two percent. So after inflation. Three point two percent. Which means a nominal return about five and a half percent. That's the best. You can do. According to grant them bonds. Don't look any better. US bonds flat for the next seven years. International bonds down minus one point eight emerging market bonds up two point two percent. Cash up one percent. So check this out the emerging markets have how do I say this? Really been sucking fair and wind lately. He had according to Grantham. That's where you should put your money. I'm not suggesting that you do. I am suggesting that your ten to fifteen percent or whatever you've allocated to the emerging markets stock and bond markets, you hang onto even though the emerging market stocks have been. But I'm also suggesting these stay the course with your plan when we come back. We'll talk more about the market where it's been and where it is year to date where it might be going and some ways to build wealth outside of the stock market. Jeremy Grantham is correct around. This is. Yet. Repaid less for craft Matic today than we did twenty years ago. If you're still searching for the perfect solution to a good night's sleep. Call now for prices and free information on today's craft Matic adjustable beds. And then decide when you see how little they cost rating number one consumers nationwide on consumer affairs dot com. Craft batting that's coming all mattress types, including cooled gel memory foam for up to fifty percent less than today's leading memory foam brand enjoy temporary relief with low back pain for circulation. Nighttime heartburn mild arthritis, sleep better at a medic adjustable beds. So if you're still searching for the perfect solution to a good night's sleep. Call now for prices and information, and then decide when you see how little they cost for less up to fifty percent less than today's leading memory foam brand. Call one eight hundred three one six fifty to seventy one that's one eight hundred three one six fifty to seventy one eight hundred three one six fifty to seventy one. Call down. Have Medicare and do you? Use your C Pap machine is a national healthcare alert regarding your CPAP supplies, using green CPAP mask and supply is important staying healthy. The best way to make sure your C Pap equipment is green is to get new supplies. If you have Medicare. We have great news Medicare will pay for you to have new clean supplies every ninety days. We'll even do all the paperwork for you to make sure that there's little to no out of pocket cars to you. And you don't even have to leave your home, we provide free in home delivery. So of yours. User, and you have Medicare staying healthy with new c-pap. Equipment is easy. Just make this phone. Call right now to get started. Hotline eight hundred five five eight eight nine one eight hundred five five eight eight nine one that's eight hundred five two eighty eight ninety one copays any doctoral supplies replacing accordance with Medicare guidelines. Time changes everything for me becoming a single father of two young kids. It changed. My ability to use my time share the frustration of not being able to use. It was compounded by annual maintenance fees. That nearly tripled over a three year period. I was desperate to get out after searching online for cell Mike timeshare or get out of my time share. It just looked like one scam after another I needed a real permanent and legitimate way to get out of this for good. I'm Brandon read the founder of timeshare exit team. We will get you out of the timeshare you can't use or can't afford anymore. We get people out safely legally and permanently. We are more successful because we have more solutions. Schedule a free consultation to review your ownership situation and find the best strategy for you. If we can't get you out. We will give you a full refund. Call timeshare exit team today. Call eight hundred nine two nine eight one two that's eight hundred nine two nine eight one one two that's eight hundred nine two nine eight one one to call. Timeshare exit team today due to an upturn in the economy main street business loans has preapproved the release of millions of dollars in small business funding. Your business may already be preapproved to receive up to two hundred fifty thousand dollars. We've sent out millions of preapproval letters. We see the economy growing, and our underwriters believe now is the time to invest in your business. So you can grow faster and make more money, and we're prepared to give you up to two hundred fifty thousand dollars to do it. Your funds can be available in five days. There are no application fees, no annual fees, just quick access to up to two hundred fifty thousand dollars. If your business did not receive your approval letter to get up to two hundred fifty thousand dollars. Call main street business loans approval desk now eight hundred four three seventy five seventy eight hundred four three seventy five seventy eight hundred four three oh, seventy five seventy that's eight hundred four three O seven. Five seven zero folks. Helping you make better money. Let's talk about the GMO seven-year asset class real return forecasts, and it doesn't pretty at all. Real. Meaning after inflation. US large-cap stocks expected to earn a minus five point two percent after you account for inflation. Which means they're gonna lose three percent. Per year for the next seven years. Nominally? Crazy stuff man who wants to lose money in the market. International stocks pretty close to break even down a little bit. After inflation. But emerging markets are the only ones. That actually are above water three point two percent. And on the bond side. It looks equally as dismal. International bonds down minus one point eight percent. Emerging market debt up two point two percent. So it's just not looking all that hot. I'm gonna talk about some alternatives here in just a moment. But I thought that I would refresh everyone's memory on where we are year to date. In terms of the market performance. And this could change. Any moment because Marcus have been pretty volatile lately, haven't they? The Dow's up three point seven two percent. The NASDAQ is up seven point seven four percent. The Russell small cap index is flat point three eight percent. And the standard and Poor's five hundred is up four point zero nine percent. Now, if you've got an adviser, and they're charging fees. You're going to have to subtract that that's just from the index itself. Now bonds have been in the tank this year. And I wanna talk about this a little bit later, hopefully an opportunity to do that. But core US bonds are down minus two point four one percent. Long core bonds minus six point four four percent year to date. People buy bonds because they're supposed to be safe. But in a rising interest rate environment and can be nasty corporate bonds. Minus three point three two percent long corporate bonds. Minus six point five five percent. Government bonds, the safest of all. Minus two point two one percent. Intermediate minus one point five eight percent. Long minus six point three five percent. Make alone that the government this year. A long term loan twenty thirty years. You lost six percent mortgage. Bonds minus one point seven seven tips treasury inflation protected securities, minus two point six percent. Knowing that really looks okay and the bond world high yields are up one point six percent. And T-Bills cash basically one point four one percent. So where do you go to build wealth in a market like this? Well, number one is you do not. Bail on your stock market portfolio. But as I have mentioned for years and years and years looking at alternatives to the stock market can make some sense. And alternatives to the bond market as well. Alternatives to the bond market. Could be other forms of debt private debt and so forth. And you gotta look hard for this stuff. You need a very very good financial adviser. You don't have to look quite as hard in the insurance world because insurance companies compete favorably with bonds with certain annuities. We talked yesterday about multi-year, guaranteed annuity contracts. They compete with CDs virtually no risk if you hold until the end and you'll get a better rate of return from most companies, then you'll get from treasuries. Fixed annuities index to new itys variable annuities with guaranteed minimum withdrawal benefits, locking in some kind of a guaranteed income stream in the event the whole world collapses. Those are great ways for you to diversify away from the stock market, but still have the benefits of the stock market. If things do well if they don't do. Well, you're still okay because you locked in a guaranteed income stream for the rest of your life, which will probably translate into a bond like asset, and depending on how long you live. It could be a dog on good bond. But more importantly, it gives you the ability to wait out the storm in the stock market. So what are some of these fresh alternatives to the stock market? Well, we've talked about rental properties and vacation homes. A lot on this show. And there was a company now I forget their name. It'll come to me that evaluated. A lot of these different strategies in terms of how much orders yield street. How much it costs and how hard is it to do? So rental properties, the drop in home ownership rates is obviously led to a rental, boom. But you've got to be very very careful here because some markets you could lose your shorts in. So here's what they said about rental property and vacation homes. The setup is hard. It is got to do your homework time commitment is high. Money required, medium, twenty to one hundred thousand bucks, and the research is on you. Then they went to commercial property. You got to put a lot of money into this money required. Two hundred and fifty thousand time commitment medium setup again hard. Franchises like a subway or Dunkin donuts and all that you can earn ten percent. But it's very very difficult to make that work for you, unless you're the person behind the counter, and even then you're not going to get rich. Now, if you own twenty six Dunkin donuts or Jack in the boxes, you can make a fortune if they all work, but they're not all going to work perfectly. But your time commitment is high. The setup is hard the money required. Big fifty grand for the little Mickey Mouse franchises. And even Dan if you hired a manager you still got to watch over them. If you put fifty grand down, and he made ten percent five thousand bucks a year. I don't know if it's worth the risk. There's peer to peer lending this actually pretty easy to do. Go online, and you can get pretty decent rates of return. Anyway. Some alternatives at least to the stock market. I wouldn't get too crazy here big allocating some of your money to alternatives wise move. My preference is to find a fund that does these types of alternatives for you be willing to pay a fee, and let them do all the hard work. So you can sit back and go to Dunkin donuts. Have a Cup of coffee in about eighteen hundred calories. We'll be back. Idea for an adventure new product. Do you think companies would be interested in your idea? Do you want to try to get a patent that helped? Now it keeps. Your idea confidential explains every step of the invention process. Joy, the thousands of people just like you who chose to pursue their idea. We your experience we are working for you. We are invent health. Get started with your idea. Call for free information, call one eight hundred six zero seven eighty nine forty five that's one eight hundred six zero seven eight nine four five whether you travel for business vacations weekend breakaways, romantic interludes, or family adventures. You'll learn about unique destinations and tips to make your travel, smooth, efficient, hassle free, and inspirational when you listen to travel with Stephanie Abrams. Hi, this is Stephanie Abrams. Enjoy our fast paced show, traveling from beaches to mountaintops cities to fairy tale castles, whether you're traveling for business or adventure, so pack your bags and join us this alert just came in this special. Announcement is for business owners and leaders of organizations who've been waiting for the right time to build general steel has made it impossible to wait any longer with rock bottom prices that could save you thousands. That's right. General steel, America's leader in pre engineered structures is offering buildings at prices. You will never see again. Don't miss these prices. A fifty by one hundred for under thirty thousand dollars. You heard right. That's five thousand square feet under thirty thousand dollars manufacturers if you need larger building try one hundred by one hundred commercial building for one hundred twenty nine thousand you can't afford to rent with these prices. Imagine a seventy one hundred foot church building for under sixty nine thousand dollars with the economy improving and interest rates still at historic lows. You can't afford to wait. Call eight hundred six zero five fifty three seventy eight hundred six zero five fifty three seventy call eight hundred six zero five five three seven. Oh. Are you ready to leave your corporate job behind and be your own boss? Have you ever dreamed of owning a business? Do you have fifty thousand dollars or more sitting around in a 4._0._1._K? If you answered yes, it's time to invest in yourself by buying or starting a business or franchise IRS code allows you to use money in a 4._0._1._K to invest in a business with absolutely no penalties or taxes. At guided financial we've helped more than eleven thousand entrepreneurs invest three billion dollars in retirement assets into the small businesses and franchises of their dreams. So if you've got fifty thousand dollars or more in a 4._0._1._K and you're looking for a way to start a business, call guided financial now for free information and to learn more. Operators are standing by for your call eight hundred five seven zero six six three eight hundred five seven zero six six three. Oh, eight hundred five seven zero six six three. Oh, that's eight hundred five seven hundred sixty. Six thirty if you're suffering from hearing loss, stay tuned for a special offer from the makers of listenclear. A revolutionary hearing aid breakthrough. Designed by top audio engineers to figure ear almost invisibly. Right now, you can try listenclear hearing aids absolutely free for forty five days. You can also qualify for free shipping and free batteries for life. Listenclear hearing aids are so lightweight and comfortable you can wear them all day long. They're practically invisible too. So others won't even notice you're wearing them. And the best part is you'll be able to hear almost everything everywhere. So do something about your hearing loss. Call listenclear now to get started with your forty five day risk free hearing aid trial this special offer won't be available for long so call listenclear now eight hundred seven one six four six five zero eight hundred seven one six four six five zero eight hundred seven one six four six five. Oh, we're here. Twenty four hours a day to help that's eight hundred seven one six forty six. Fifty attention business owners and independent contractors. This is a money saving message from tax mediation services. If your business owes twenty thousand dollars or more in taxes, we can help you today right now. Listen, dealing with the IRS is no picnic. It's an intimidating and extremely stressful process. And you don't want to go it alone. Our attorneys know every law every tax break and every possible opportunity to help you resolve and reduce your tax debt. And if you owe more than twenty thousand dollars, you may be at the top of their hit list. So don't take your tax debt lightly because it will not go away on its own. The IRS can seize your Bank accounts, your home, and even shut down your business. Call our tax experts today at one eight hundred two eight five four seven six five and let us deal with the IRS while you focus on your business. That's one eight hundred two eight five four seven six five again, eight hundred two eight five four seven six five. Back folks. This is the Ray Lucia show, helping you to make better money moves. I've got a couple of emails after the comments that I made on bonds yesterday. According to Morningstar's taxable bonded tables. Seventy three percent of the funds that they follow. Are down this year. Ninety percent of Muniz of lost money, so far and a lot of people are freaking out. Minds were safe. Well, bonds are safe. You just have to understand them and understand the role that they play in your portfolio. I mean in an ideal world. You'd figure out how much money you want to spend from your portfolio each year and ladder out some reasonably safe bonds and every year when the bond matures. You'd have the money go spend it and everything's cool. But as we discussed the other day. Most small investors get hosed when they do that. Because of the bid ask spreads and so forth. And you never really know what you're getting until you got it. So hence the bond fund over the years has come to fruition. And for the most part, they're pretty efficient way to buy bonds. In particular, if you're reinvesting all of the dividends, and you have them there for some form of safety. It's not what I would recommend you do with one hundred percent of your fixed income portfolio. But the question I get more than any other one on bonds is why do bond funds lose money. When interest rates are going up. I'm buying them for safety of principle. Well, we haven't had the deal with that much over the past decade or so because interest rates really past thirty years or so because interest rates had been on the decline. So bonds didn't really lose. But so far this year. They're hitting the skids, pretty hard. Pretty hard. Two six percent, depending on what you own. So as I've mentioned many times before there's an inverse relationship between interest rates and bond prices. So as interest rates, go up the value goes down. Let me give you an obtuse example to make the point. Let's say you went to the Bank. And the Bank was paying five percent interest on a CD. So the bond that you went out and searched for at least earn the same five percent or the person go to the Bank. So let's say you decide to put a grand thousand bucks in a bond that pays five percent. So now, you're getting the same interest from the bond as you're getting in the Bank. Now, what would happen to your bond? If the Bank happened to raise interest rates from five percent to say ten percent. You already bought the bond. So you're sitting there earning five percent. But you know, you can walk across the street and get ten percent. In a CD. So if you wanted to sell the bond. Paid five percent you'd have to reduce your price. Because anybody that would buy that bond from you would obviously prefer to go to the Bank and get ten percent rather than paying you par value for the bond and earn five. So the bond that you originally bought for a thousand dollars that pays you fifty bucks a year in interest. Would have to be reduced in price to five hundred dollars. Because a ten percent interest rate on five hundred bucks produces a fifty dollar per year interest payment. So therefore, you would have to reduce the value of your bond by fifty percent. That's what happens in the bond market. Now interest rate Dongo from five to ten percent. But I think you get the point. Now the Federal Reserve. Held interest rates at near zero for almost eight years. So we have not experienced this kind of dilemma with bonds and bond funds in the recent past and with interest rates rising bonds tend to look more attractive from a yield standpoint. But if they continue to rise, the total return may not be nearly as attractive. We've talked about alternatives. Many many times before. One alternative is to hire a bond manager that can go anywhere. Remember, I said before that high yields we're actually up so far this year not much but nonetheless up long bonds were down substantially. And most financial planners. Not me. Recommend allocating forty percent bonds. I didn't do it. When I was practicing and interest rates are on the decline and bonds were great performers. Because I always knew that at some point interest rates would change and people wouldn't understand why the safety portion of their portfolio was losing money. That is not to say, I wouldn't have some money allocated demands are just wouldn't do almost fifty percent of the portfolio. Especially when I can find alternatives like fixed annuities and fixed indexed annuities that produce returns that are very similar if not better. Especially when the stock market's doing well, but I wouldn't abandon them. But some people think well, wait a minute. Maybe my bond fund manager is asleep at the switch here. So maybe they are. But the problem with some bond fund managers is. What they're hired to do is by let's say government bonds. It's the government bond fund. So they can't switch to high yield. Because that's not doesn't have the same risk profile. So many times even if the manager frankly wants to go to cash or do something else. They don't want to let let the cat out of the bag here. They're in the business of managing money Abban managers in the business of managing money. Just like a stock managers in the business of managing money. And they don't want to not buy government bonds if their strategy is to buy government bonds, even when they perhaps think the buying government bonds not so hot. So rather than by a single purpose bond fund. You can buy a bond fund where you trust that the money manager will try to go to the right place to find the right bonds. I'm not suggesting they'll do better or worse. I'm just suggesting that they have more flexibility. I mentioned other alternatives fixed index the newest he's why are interest rates going up interest rates are going up because there's a fear of inflation not necessarily inflation. But a fear of inflation. And the unemployment rate is going down and wages are going up. And that bodes well for stocks. It does bode well for stocks. So if you have interest in a quote bond like an annuity, and the interest was calculated based on how well the standard and Poor's five hundred or some other stock index did. And there was no possibility of a loss. Why wouldn't you take some of the bond portfolio and put it there? I don't know it makes sense to me. Hi, did it to the tune of millions and millions of dollars for clients back in the day. And they never got angry because they never lost money. Now, they didn't make much either. There are making fourteen percent. When interest rates went down two hundred basis points on their bond fund, but they didn't lose six percent on a long year long bond year to date, and if you looked at the performance over a five six seven years, and in fact, there's academic studies on all this stuff. You'd find that their performance has been very competitive with bonds, and in some instances even competitive with stocks, although I would never ever buy. It has a stock market alternative. But if you want something that's safe, then has an underlying guarantees. You can also slip in one of those guaranteed income benefits. If you prefer that. And they're priced earn three to five percents. Don't let anybody give you any Gulf about eight nine percent. That's bogus information. They're price earned three to five percent. Just like bonds only, they have no downside risk. And bonds today with interest rates going up, certainly do have downside risks. Don't eliminate all the bonds because of interest rates come down. You'll do very well in a bond fund. A rising interest rate environment. Not so much emails next right here in the. He like business content. I mean, if he did like business, you wouldn't be listening to this show. Right. What if I can give you even more of what you like we've never met. But I'm willing to bet you are very busy between your work, family and outside. This little car ride is your time to catch up on your favorite show. But you always get to tune in. Exactly. Now, there's a business club with you in mind. This is the place for business videos on demand. We have partnered with this show to provide you more of the content. You like the best part? It's all on demand. That means you log it anytime from any device and watched shows the answer all of your business questions. For a limited time, you can try it for free for thirty days. Simply go the biz dot com, promo code radio, VOD dot com, promo code radio. It may have been a messy divorce that suddenly cut your income in half. But not your bills. It might have been an injury or illness or your boss, just cutting back your hours. It doesn't really matter. How you got in over your head? It only matters that you are and that we're here to help. If you've got over ten thousand dollars in credit card debt, and you can't ever see breaking free call action debt and do it now being in over your head is a vicious cycle one day late. They charge you a leap. Miss a payment w rate. You just don't think of fair and neither do we. This is not bankruptcy or just a simple rate reduction plan we fight for you using our proven experience in the insider programs that credit card companies try to hide if you owe at least ten thousand dollars to the credit card companies you owe it to yourself to call action debt at eight hundred three eight four seventy ninety nine just because you got in your head doesn't mean you have to stay there forever. Call eight hundred three four seventy nine thousand nine today, and we can be on your side tomorrow, eight hundred three eight four seventy ninety nine eight hundred three four seventy nine thousand nine I live alone and rarely have visitors. So when I slipped and fell in the kitchen last month and couldn't get to a phone. I knew I was in trouble. I could barely move. I tried calling for help. But no one could hear me as I lay there. I couldn't help. But think of my kids and grandkids having to go on without me. I was terrified it took eight hours for my neighbor to find me it could have been the end of me. That's when I knew I needed life alert one press this button. I'm connected to the life alert center where I can get the help I need even when I cannot reach a phone with like alert. I'm never alone. One eight hundred four one four one thousand nine hundred fifty eight for your free life alert brochure. That's one eight hundred four one four nine thousand nine hundred fifty eight one eight hundred four one four nineteen fifty eight call for your free life alert brochure today at one eight hundred four one four one thousand nine hundred fifty eight national funding group has just released one hundred million dollars in easy access small business funding to businesses that gross at least one hundred thousand dollars a year. You can have fast access up to five hundred thousand dollars in new business capital in as little as forty eight hours. Think about the ways you could grow your business if you had up to a half a million dollar cash infusion. Call NF NFC funding expert now the process is easy. It only takes about five minutes, then our management owned lending team looks at your application for a fast approval, you can get one hundred percent funded in about two days. If you need up to five hundred thousand dollars in working capital to run your business, and you gross at least one hundred thousand dollars a year. Call and NF G and apply today. Eight hundred two nine six one five six four eight hundred two nine six one five six four eight hundred two nine six one five six four that's eight hundred two nine six fifteen sixty four tired of paying outrageous prices for Viagra? Well, we have great news for you. Now, you can finally get biogra- at you discounts. Healthy man allows you to save up to five hundred dollars on Viagra. Why pay US pharmacy prices of fifteen dollars per pill or more when you can get Viagra for less than three dollars a pill? Call today and get forty Viagra pills for only ninety nine dollars. This can cost as much as six hundred dollars at your local pharmacy. You can't afford not to call us. If you want at the lowest prices never pay fifteen dollars a pill pharmacy prices again. Get Viagra for less than three dollars a pill. Call one eight hundred five to one ninety five seventy nine today and save up to five hundred dollars and get forty pills for just ninety nine. Dollars. Healthy man is fast, easy, and affordable. Operators are waiting at one eight hundred five to one ninety five seventy nine to take your call right now. Call one eight hundred five to one ninety five seventy nine that's one eight hundred five to one ninety five seventy nine again, one eight hundred five to one ninety five seventy nine. Folks. This is. Show helping you to make better money moves. It didn't get to everything. I wanted to get to today, but I do get to a couple of emails here. We'll start with Allen. Alan. Says right loved the show. I'm self employed. It looks like I'll have about fifty K leftover this year. How can I say some taxes? I take eight K per month out as income, pardon me. Well, self-employed probably means you are unincorporated. I might be thinking about a corporation. Probably not for this year. All though depends on how much money you're gonna earn between now and the end of the year. Because what you may be able to do. Is incorporate? As of mid November or something like that. And then not take any income out of the company until after the first of the year that way any money that you would earn the balance of this year, the corporation would earn and not you wouldn't show up on your tax return until next year. And you'd be able to do something. That could shelter that money between now and then. So really? That that tactic. It's probably something you'd wanna do for sure. Next year. This year and talk to your advisers. It may or may not work. Now, if you are self employed, and you have kids under the age of eighteen I've talked about this before. But we now and the end of the year is Christmas break there's thanksgiving. There's a lot of time those kids could work for you. You can
Adeline, Guam and Ron Paul discussed on WBZ Afternoon News
"Eighteen year old Aldy nouvelle Atalanta was rescued by a Panamanian ship and crew near Guam after a storm sent his Ron Paul a wooden fishing raft. Adrift without a motor or a paddle for forty nine days within a week Adeline said he ran out of food and survived on the fish that he caught and cooked using wood from the raft. He drank rainwater, and according to one report strain seawater through his clothes and drink that Atta link says he lit a lamp on his raft every time he saw a passing ship and that happened more than ten times. But no one responded to him until three weeks ago by that time his raft drifted about twelve hundred miles from the original location in Indonesia to Guam. That's about the same distance is going from New York to Miami. The Panamanian vessel and crew responded to his emergency signal and rescued him Adeline was able to swim to safety and the crew hauled him on. The ship where they offered him water a blanket and some bread he is back home tonight with his family, but there are questions about his employer. This is the third time adelines fishing vessel went adrift the third time. Can you believe it so Jeff he actually had a radio that his employer gave him? That's how he put out the call for help. By the way, apparently told his brothers and sisters. I'm not working on that raft anymore. And
Matt Harvey throws four scoreless in Cincinnati Reds debut
"The espn app i am jim baskerville matt harvey made his reds debut on friday throwing four scoreless in fifty five pitches while yielding just one a hit to the dodgers lowering his era almost a full run to shade over six heading into friday's match up with harvey's former team the mets so do harare had reached base in thirty nine straight games the longest streak for phillies player since bobby abreu's forty eight game ron in the two thousand season he extended that streak to forty with a long ball off stephen mats and that lead held up until the ninth hi two run homer off the cider jim front of the second the mets need that reading a score of two to one and they would at three two one two run home run in the ninth off phillies closer closer hector nara singh gave the mets that three two one win jake arrieta gave up five hits over seven hundred third scoreless they held at one to nothing lead until narrates entered into the ninth conforto followed by devon missouri co the next pitch go back toback we mentioned harvey didn't factor in the decision in that reds dodgers game but the big bat belong to scooter patty swings any sensor drive down the right field line that ball is gonna be outta here ron paul ryan into the lower deck down the right field live by scooter janette you talk about a smoking whitehot bat wwl w seven hundred ginette four hits including that long ball knocked in three cincinnati won their third straight six two over l a fly right field cooking for the foul and all these as extends his hitting streak to eight games with his twelfth home run patty ties this game and one apiece those braves youngsters headlined by that guy is he albee's moved into a tie for the nfl and home runs collecting his twelve thousand a year atlanta was looking to win their ninth straight on the road not to be jt rail muto had three hits including his fifth long ball miami broke a four game skid doubling the brave six three starling castro a second home run drove in a pair for the winners on the same day the cubs passed out his bobbleheads wilson contraire as did this in the.