Jason Hartman and one of his clients, Gary Pinkerton discuss an article from Vox.com called “27 Charts That Will Change How You Think About the American Economy”. With shifts in recent years regarding productivity, demographics, and inflation, Jason and Gary evaluate what kind of impact this will have on US real estate investing.
[3:40] How Gary found Jason
[5:57] Introducing “The 27 Charts that will change how you think about the American economy”
[10:07] The service industry has a crucial indicator for the American standard of living
[13:59] Labor force numbers have been decreasing since 2000
[16:30] Urban areas are one of the few in the country that are growing
[21:05] Inflation-adjusted home prices
[26:18] Construction costs have not been keeping pace with housing prices
[30:42] American retirement no longer means the same thing
Jason Hartman talks with Daren Blomquist, Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM’s award-winning Housing News Report. The two look into the impact our new President, Donald Trump, could have on real estate investing, how he might change the economy, and what sort of regulations (or lack thereof) that might impact our investing future.
[1:43] Trump’s presidency could have significant implications for real estate investors and the US economy
[5:55] Lack of real wage growth has created housing affordability issues
[8:46] Low interest rates tend to spure housing bubbles
[11:33] Housing prices keep rising, whereas home ownership is at a 50 year low
[15:43] What would repealing Dodd-Frank do to investing?
[19:11] ATTOM’s Housing News Report examines why big banks are currently exiting the mortgage business
[20:16] The trend of rising foreclosure activity continued in October 2016
[24:29] A $1 trillion infrastructure investment will be a boost for real estate investors.
[25:36] Get a free year of ATTOM’s Housing News Report by emailing [email protected] and mention “Creating Wealth”
AMA 163 – How Investment Opportunities in Real Estate Are Changing in Today’s Financial Environment with Andrew Wright
Jason Hartman talks with Andrew Wright, CEO and Managing Partner at Franklin Street. During his time in real estate, Andrew has been involved in over $1 billion in real estate and finance transactions, as well as more than $800 million in debt resolution.
Jason and Andrew discuss how commercial real estate has had to adjust to the changing social dynamics, and where you might best be investing your money today.
[1:20] What to expect from our first real estate president
[4:44] Retail centers have had to substantially change thanks to the internet
[8:16] Warehouse and delivery industries have seen a boon because of the internet bringing in things like same day shipping
[12:39] Andrew gives his opinion on how much more room we might have to grow
[16:48] Andrew dissects the current cap rate availability for commercial real estate
[18:53] The 1 investment Andrew loves today
Jason Hartman talks with Ed Martin, former President of The Eagle Forum and former Chairman of the Missouri Republican Party, about his new book, The Conservative Case for Trump.
Jason and Ed discuss what they think Trump’s vision is, the path Trump’s willing to take to do what’s right for our nation, the problems with creating fair trade agreements, and the need to shake things up politically in our nation.
[1:45] Whether we really need a conservative case for Trump
[4:32] Ed’s stance on free trade
[8:47] Trying to find the right balance when negotiating trade deals
[13:10] Why our nation needs a political shake up
[16:40] The Clintons are the horrible status quo, Trump provides a shift
AMA 161 – Real Estate Investing under a Trump Administration with Newmark Grubb Knight Frank’s James Kuhn
James D. Kuhn is President of New York City’s Newmark Grubb Knight Frank commercial real estate advisory firm. James joined Jason Hartman to discuss how the Trump presidency can shake things up. The two discuss how Trump could impact real estate markets and inflation. They also consider how Trump could help improve job growth if he handles trade policies properly.
[2:03] Trump’s potential impact on real estate
[6:12] Trump’s trade policies will almost certainly provide winners and losers
[11:19] James believes education is the link between lower and middle class
[14:14] Online college should be cheap and accessible for all Americans
[16:14] In today’s market, real estate investors are having trouble finding value
[19:00] When will the Fed allow inflation?
[20:42] Real estate is the last great investment opportunity
[23:09] Do not forget the commandment, thou shall not gamble in real estate investing
Dan Millman has authored over 15 books, including his newest book “The Four Purposes of Life”. Jason Hartman talks with Dan about the special life calculator Dan has which can help show your life path by using numbers from your birth date.
Dan is the founder of the Peaceful Warrior’s Way. His work was even transformed into a feature film starring Nick Nolte, called “Peaceful Warrior”.
[2:05] Dan’s experience writing The Four Purposes of Life
[4:09] What are the Four Purposes of Life?
[6:26] Purpose #4 – How to attend to the moment
[11:55] How your quality of presence can impact your life
[13:35] Purpose #1 – Learning the lessons of life graciously
[17:31] Purpose #2 – Your career and your calling aren’t always the same
[20:45] Purpose #3 – Discovering your life’s path
[25:25] Why Dan has written his books
[26:05] 12 of lifes required courses
Joel B. Pollak and Jason Hartman recently got together to discuss Joel’s new book: See No Evil, 19 Hard Truths the Left Can’t Handle. Joel is Senior Editor-at-Large and In-House Counsel at Breitbart News in Los Angeles, California, and also Editor of Breitbart California.
Before working for Breitbart, Joel ran for Congress in 2010 as a Republican, Tea Party-backed candidate in Illinois’ 9th district. Joel also worked in South Africa as speechwriter for Leader of the Opposition Tony Leon.
Previously, he has written two books: The Kasrils Affair: Jews and Minority Politics in Post-Apartheid South Africa (University of Cape Town Press, 2008), and Don’t Tell Me Words Don’t Matter: How Rhetoric Won the 2008 Presidential Election (Self-published, 2009).
He contributes to Canada’s Sun News Network, and appears frequently on both Fox News and CNN.
[1:56] How liberals are actually the more intolerant group
[6:15] How liberals and conservatives use what Jason refers to as the “monologue vs dialogue” media
[10:10] Why government funds any form of media
[13:35] How violent Hollywood movies and video games seem to get a pass by the media when we discuss gun violence in America
[18:00] Why words matter in regards to labeling and defining serious issues
[22:00] How we’re looking at climate change from the wrong perspective, people are the resource to SOLVE the problem
Jason Hartman talks with Mark Anthony Hammond, host of the Make America Great Again podcast, before the election, about the sensation that is Donald Trump and why he is so popular among the voters. Mark’s podcast (since ended due to unforseen circumstances) was the only podcast dedicated to the idea of “Make America Great Again”.
[2:10] The explosive growth of the #MAGA podcast
[7:20] How feminism has been such a bad deal for women
[11:55] Why globalism is a disease
[16:10] How Obama has given domestic terrorists legitimacy
[20:15] How Democrats treat minorities worse than dogs, and how they’re able to fool them
[25:20] How Bernie and Trump supporters are similar
Thomas A. Schatz is president of Citizens Against Government Waste (CAGW) and its lobbying affiliate, the Council for Citizens Against Government Waste (CCAGW).
Mr. Schatz is a nationally-recognized spokesperson on government waste and has been interviewed on hundreds of radio talk shows from coast to coast. He is a regularly featured guest on national television news programs and local news broadcasts. His appearances include ABC’s “Good Morning America,” CBS’s “60 Minutes,” FOX News Channel’s “The O’Reilly Factor,” NBC’s “Nightly News,” and PBS’s “The News Hour.” He was a regularly featured guest on the “Pork Watch” segment of CNBC’s “Squawk Box.” His editorials on fiscal policy have appeared in publications nationwide, including The New York Times and The Wall Street Journal.
Mr. Schatz has testified numerous times on government waste issues before committees of the United States Senate and House of Representatives, as well as before state and local legislative and regulatory bodies.
During his 30 years with CAGW, Mr. Schatz has helped make CAGW a “leading government watchdog on fiscally conservative issues, like taxes and earmarks,” according to National Journal. He has been named one of the “top lobbyists” in Washington for the past six years by The Hill. The newspaper also cited CAGW for its leading role in successfully pushing for the congressional earmark moratorium, which was identified as one of the “top 10 lobbying victories” of 2010.
Prior to joining CAGW in 1986, Mr. Schatz spent six years as legislative director for Congressman Hamilton Fish Jr. and two years practicing law and lobbying.
[1:37] This years pork report
[4:00] What Congress has done with spending bills that is creating less transparency and less trust in the system
[8:02] The difference that having a business person in the White House rather than a lawyer/politician might make
[11:55] If people are actually paying attention to local politics
AMA 154 – Clinton Cash, The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill & Hillary Rich, The Punisher, Batman, Nightwing, Robin and The Hobbit with Chuck Dixon
Chuck Dixon is a well-known, freelance graphic novel writer who has worked on the Batman series for 11 years for DC, adapted the Hobbit to a comic and adapted the new book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich with hopes of disseminating the information to an entirely new audience. Jason and Chuck talk politics, journalism or the lack of it and conspiracy theories.
[1:19] Peter Schweizer’s Clinton Cash was adapted into a comic book by Chuck Dixon so the information could reach a wider audience.
[3:01] The Clintons have patterns of behavior which do not bode well for democracy.
[5:26] No one will come forward to rat on the Clintons because they reward loyalty.
[7:27] The Clinton’s relationship with Vladimir Putin allowed Russia to have holdings in uranium mining in the US.
[14:51] Chuck has always wanted to be in comics and spent 11 years doing Batman books for DC Comics.
[19:31] Chuck was required to prove that the characters in his comic book actually represented real things said by the Clintons.
[23:07] Real journalism in non-existent in the US today.
[28:29] Contact information for Chuck Dixon.
Mentioned in This Episode:
AMA 153 – Brexit & Real Estate, Enduring Success: What We Can Learn from the History of Outstanding Corporations with Christian Stadler
Christian Stadler is a Professor of Strategic Management at the Warwick School of Business, strategy contributor to Forbes magazine and is author of the book Enduring Success: What We Can Learn from the History of Outstanding Corporations. He offers his thoughts and insights about the perception vs. reality of Brexit, immigration and Jason’s second favorite subject, the self-driving car.
[2:12] Economists agree that Brexit is not a good economic idea, here’s why.
[6:04] It could also be more difficult more difficult to battle terrorism with open borders.
[15:29] Current political positions are considerably right compared to the former government.
[16:58] Immigration is still considered a good thing for the country who accepts the immigrants.
[27:53] Poor immigrants can understand markets and create products that others don’t.
[24:06] Talking points of the possible benefits of the self-driving car.
[29:21] Contact information for Christian Stadler.
Mentioned in This Episode:
AMA 152 – The Problem with Socialism with Dr. Thomas DiLorenzo, Loyola University Maryland Sellinger School of Business, Ludwig Von Mises Institute
Dr. Thomas DiLorenzo is a Professor of Economics at Loyola University Maryland Sellinger School of Business, a Senior Fellow at Mises Institute, a columnist for Lew Rockwell and author of the new book, The Problem with Socialism. He joins Jason to discuss the problems Socialism creates for the poor and shares examples of how Socialism has failed other countries around the globe.
[1:55] What is the problem with Socialism?
[5:58] Breaking down the scheme of demonizing a class and the belief that taxing the rich will save an economy.
[10:28] The truth about Sweden is when they moved towards Socialism there were no new jobs created for 55 years.
[12:42] Examples of how welfare programs harm the poor by creating a vicious cycle of dependency.
[15:43] How does Socialism cause pollution?
[19:07] Raising the minimum wage was designed to support higher wage union workers.
[23:40] Big corporations have always been behind creating regulations as a way to create monopoly power.
AMA 151 – Brexit, Popes and Bankers, History of Credit & Debt, From Aristotle to AIG with Jack Cashill
Jack Cashill is an independent writer and producer and, on a contractual basis, the Executive Editor of Ingram’s Magazine.
In addition to his work with Ingram’s, Jack has written for Fortune, The Wall Street Journal, The Washington Post, The Weekly Standard, AmericanThinker.com, and regularly for WorldNetDaily.
Within the last decade Jack has written seven books of non-fiction — First Strike, Ron Brown’s Body, Hoodwinked, Sucker Punch,What’s the Matter with California, and Deconstructing Obama. Three of his books have cracked Amazon’s top ten list. Jack has produced a score of documentaries for regional PBS and national cable channels, including the Emmy Award-winning, The Royal Years.
Jack has a Ph.D. from Purdue University in American studies, has taught media and literature at Purdue and at Kansas City area universities, and served as a Fulbright professor in France
[2:38] Jack’s thoughts on the Brexit
[4:15] Who the base of the left are these days
[7:19] Where the breakthrough came in terms of creating a culture that would create a long term, successful economy
[9:40] Where the contempt for our culture is derived
[13:05] How greed pervaded all layers of our culture in the 2008 housing crisis, not just the lenders like the media portrayed
[16:33] How the Jewish code and the usury ban led to a helpful (but not exactly healthy) relationship between the two
[19:30] Whether the bible conflicts when it comes to credit
[21:50] What we need to make capitalism succeed
[23:31] Why we need to question the root cause of things, not just address the symptoms, or else we end up hurting the people we’re trying to help
[26:16] What actually happened with TWA 800
AMA 150 – Tied Up In Knots, How Getting What We Wanted Made Women Miserable with Fox News’ Andrea Tantaros
Andrea Tantaros worked as a spokesperson for Massachusetts Governor William Weld, then-Congressman Pat Toomey and former National Republican Congressional Committee Chairman Thomas Reynolds. She started Andrea Tantaros Media, which provided crisis management and media strategy consulting to Fortune 500 companies and political campaigns.
Tantaros joined Fox News Channel in April 2010 as a political contributor. In 2011, she was named one of the co-hosts of The Five. After only several months airing, The Five consistently beat its competitors on MSNBC and CNN combined and, by 2013, it was the second-most-watched program in all of cable news. Her popularity led to her being named one of the hosts of Outnumbered in 2014.
Andrea is now author of the book Tied Up in Knots: How Getting What We Wanted Made Women Miserable, and talked with Jason about the book and the state of affairs between men and women today.
[1:16] If feminism backfired
[4:09] How an increase in women’s responsibilities and work life have been somewhat offset by health issues
[5:39] The hook up culture and the death of romance
[7:32] Andrea believes there are liberals out there who are calling for a return to tradition
[11:18] How the idea of a “sisterhood” among all women is a sham
[14:01] If “50 Shades of Gray” set feminism back any
[18:26] Some feminist beliefs have hurt men who want to help and protect women
Chris Versace is the co-founder and Chief Investment Officer of Tematica Research and the editor of Tematica Investing, a subscription newsletter that utilizes a thematic approach to investing that that capitalizes on my near 20 years in the investment industry.
He is also the co-author of Cocktail Investing: Distilling Everyday Noise into Clear Investment Signals for Better Returns.
[2:05] Whether recent elections are to be considered a mandate against Obama
[5:30] One of Chris’ favorite investment themes today
[9:38] Where inflation is going to hit first
[12:26] How robotics is changing everything
[13:26] The stock sector Chris is really excited about
AMA 148 – President Nixon vs President Obama and The Man Who Killed Kennedy with Legendary Republican Political Consultant Roger Stone
Roger Stone is an alternative historian who was one the legendary American Republican political consultant who has played a key role in the election of Republican presidents from Richard Nixon to Ronald Reagan to George H.W. Bush and George W. Bush. Stone also served as an assistant to Senator Bob Dole. Stone is the author of “The Man Who Killed Kennedy – the Case Against LBJ”. Stone is also the author of Nixon’s Secrets, a broader look at the rise and fall and rise and fall and final comeback of Richard Milhouse Nixon.
[2:21] Comparing Richard Nixon with Barack Obama
[5:42] The importance of Nixon’s China trip with the closing of the gold window
[8:12] Making the case that Lyndon Johnson was the linchpin of the JFK assassination
[11:44] LBJ and the Warren Commission
[12:13] Lee Harvey Oswald’s role in the JFK assassination
[15:17] The possibility of Hillary’s run for president in 2016
[18:01] The problem that continues to remain for America, the weakness of the dollar
[19:34] How the Republicans could use a weaker economy for a resurgence
Avik Roy is a senior fellow at the Manhattan Institute. He is also the opinion editor at Forbes, and has advised Florida Sen. Marco Rubio on policy. In 2015, Roy was a senior advisor to former Texas governor Rick Perry; in 2012, he served as a health care policy advisor to Mitt Romney. He is the founder of Roy Healthcare Research, an investment research firm, and previously was an analyst and portfolio manager at Bain Capital and J.P. Morgan. Roy is the principal author of The Apothecary (the Forbes blog on health care policy and entitlement reform), as well as author of Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency (2014) and How Medicaid Fails the Poor (2013). His research interests include the Affordable Care Act, universal coverage, entitlement reform, international health systems, veterans’ health care, and FDA policy.
[1:34] Avik’s “near universal” healthcare idea
[3:52] How the government could spend less money than we spend today, yet cover more people with better coverage
[6:47] How much of an impact breaking up regional medical clinic monopolies could have on healthcare costs
[8:56] Why it matters that we don’t know how much our insurance is paying for medical care
[10:58] How Medicaid is failing
[13:26] Why we have to think of healthcare like any other market, and not some unique part of society
[15:14] The shocking revelation that for as much as the government spends on Medicaid, it might not actually be helping people
[17:28] The best way to understand Donald Trump
[20:20] How closing the border would lead to rising wages
Paul Vigna is a markets reporter for The Wall Street Journal, covering equities and the economy. He writes for the MoneyBeat blog and hosts a daily news show of the same name.
Michael J. Casey writes for The Wall Street Journal, covering global finance in his “Horizons” column. He is a frequent contributor to the Journal’s MoneyBeat blog and co-authors the daily “BitBeat” with Paul Vigna. He is the host of the book-themed video series “WSJ Afterword” and a frequent guest on and host of “The News Hub” and “MoneyBeat.”
Paul and Michael are co-authors of the new book “The Age of Cryptocurrency”.
[1:12] How Bitcoin and other cryptocurrencies are challenging the world order
[3:14] How money not backed by a government is possible
[5:17] Anyone can make a cryptocurrency, including governments
[6:58] How you can set up your own cryptocurrency
[9:30] The issue of concentration of ownership in Bitcoin and how it can be made more democratic
[12:16] If governments will use regulation to end cryptocurrency but how it would be pretty hard to do
[15:52] Decentralized exchanges and the Block Chain can be used for things such as copyrights, and how the Block Chain makes your claim irrefutable, and how you can do it
[18:58] Don’t think of this as a currency, but rather an exchange of information
[22:16] What, if anything, the average person should be doing with cryptocurrency right now
[22:58] Different potential ways to invest in cryptocurrencies
Mary Spio is Chief Visionary & Product Architect at CEEK VR. She started her career as a Deep Space Engineer working with companies such as Boeing Digital Cinema, Intelsat and Aerospace Corp developing technologies that have changed media and communications. Through her ventures she’s provided technical guidance and content solutions for over 200 radio stations, Microsoft XBOX, Tribune News Company, Coca Cola, Toyota and much more.
Every once in a while something comes along with the potential to shift the way we do things, as a Digital Cinema pioneer at Boeing, she had the rare opportunity to help create the technology that changed the entire movie distribution paradigm working with Lucas Films, 20th Century Fox and other major studios. From there she pioneered an online video distribution platform that became the defacto standard for many media companies and brands to distribute their content digitally. And now…here she is again building what she believes will be the standard for mixed reality content creation and distribution CEEK.
Mary talks with Jason about where virtual reality is now, where it’s going and what it all means for the individual.
[2:28] How quickly technology in the virtual reality world is changing
[4:57] The best VR technology on the market today
[6:31] The difference between virtual and augmented reality
[9:34] Mary describes a virtual reality experience
[12:17] How CEEK has had to meld their new technology with existing file types
[15:35] The consumer readiness of VR technology and how phones might be the first things targeted
[18:05] How Mary got into the VR world
[20:56] The entry cost for VR technology
AMA 144 – DIG DEEP, 7 Truths to Finding the Strength Within with Canadian Football League & OK Sooners Orange Bowl Champ and former Congressman JC Watts
JC Watts is a former Congressman from Oklahoma, President of Feed the Children, co-chair of the Coalition for AIDS Relief in Africa, founder and Chairman of JC Watts Companies and Watts Consulting Group. He’s also the author of the new book Dig Deep: 7 Truths for Finding the Strength Within.
In Dig Deep, J.C. Watts offers seven powerful maxims that have kept him grounded throughout his roller-coaster career from star college quarterback to U.S. Congressman. The first black Republican ever elected to a leadership position in Congress, Watts resisted the rat-race of Washington and eventually declined re-election. His seven simple principles are a blueprint for living a fulfilling and meaningful life without falling to the temptations of reckless ambition or indulgence. Dig Deep is a powerful, simple guide that will help readers find the courage and faith to live the best life possible.
[6:13] The need for more tax payers, and how you create that
[10:43] Why adversity can be good for us, as long as we’re willing to change
[14:05] Why “we’ve always done it this way” isn’t good enough anymore
[17:00] JC’s work with Feed the Children
[19:45] How forgiving can set you free
[23:18] An unfortunate series of events leading up to JC’s first elected office that taught him an important lesson in forgiveness