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It's got all the makings of a great story, and I don't aim to disappoint today.
The big news today is about the president's decision to delay moving the U.S. embassy to Jerusalem.
Well, that's not entirely true...
The truth is, Congress passed a bill in 1995 calling Jerusalem the capital city of Isreal and ordering the embassy be moved there. But the built-in delay prevision has allowed every president since Clinton to push off implementing the bill.
Now it's in front of Trump who stated in a campaign pledge that he would move the embassy. The problem is, world leaders are blowing up his phone like a jealous girlfriend trying to convince him not to do it.
***
The Intercept is reporting that the president it entertaining the idea of starting a private intelligence army similar to the CIA that would report directly to him.
The article is weak on evidence but the site several sources inside the intelligence community that claim a first-hand account of the proposal.
I want to discuss the possible pros and cons of a program like that and give you my thoughts.
Don't forget to share the show!
Jason
It's an interesting legal question. The president is in charge of the Justice Department, and the FBI falls under that department. So, can the president be charged with obstructing justice when he has the authority to decide what will be investigated and what won't AND had the right to remove the heads of those departments for not following his instructions?
I'll let you listen to today's episode to find out my answer. :-)
***
CVS Pharmacy has announced a deal to buy Aetna for $69 billion dollars in a move that will likely bring better healthcare services, lower prices and reduced insurance costs to millions. So why would anyone be against a deal like this? One word...ignorance.
The theory is it creates an unfair advantage for CVS which will no doubt achieve its goal of better service at a lower price. This is bad thing apparently IF it happens to the detriment of competition.
I'll explain why they're wrong and I'm right on the show today.
***
Finally, more evidence China is heading toward the biggest real estate collapse the world has ever seen. Get ready to have your mind blown.
It's good to be back! Don't forget to share the show!
Jason
I'm so sick the media not doing its job.
First, they spend most of their time covering news that doesn't matter like the mountain of sex scandals that make headlines every day.
I'm not saying you shouldn't cover that stuff; it's news for crying out loud. But we don't need wall to wall coverage and discussion of it.
Then when an important story like the Flynn Guilty Plea is announced the media chooses to sensationalize or outright distort the truth. The facts don't matter, just the soundbites.
I started my show in 2015 because I was tired of the narrative in America. I wanted to bring the truth back into view and stop the political pandering I heard on TV and talk radio.
Next year this show is going to hit a new level. I'm close to announcing what's to come and I appreciate every one of you who's remained a fan of the show while I was away shooting a TV show for History Channel.
Today I'll do my best to shed some light on the news and explain what the Flynn Plea really means.
Jason
Kind of an odd mix today but I wanted to discuss the recent wave of sexual harassment claims being made by women across the nation. I have to say it makes me proud to see so many women stepping out under great risk to their reputations and calling their harassers to account.
Matt Lauer is the latest big shot to fall and the claims being leveled against him are hard to read. I can't imagine being a woman and having to put up with the kind of abuse these women suffered under Lauer.
Good news is, he's gone, and another bad apple has been exposed.
***
Brexit is also in the news today as Frankfurt as more than 20 new residential skyscrapers being planned and built ahead of the expected flood of bankers and business owners who will no doubt move back to the EU to avoid the new trade restrictions that will go into effect as the UK withdraws from membership.
Also in the stack, the IRS wins its lawsuit over Coinbase, and American children have a 57% chance of being obese as adults. It's crazy!
Talk soon,
Jason
Well, now that's rich given the feds track record. I want to spend some time today talking through the many boom-bust conditions created by the fed over the last few decades including the one they're creating now.
To suggest the fed cares at all about creating conditions that foster a healthy economy is hilarious. The fed cares about making sure the economy stays afloat. Even if that means addicting it to cheap money and fake prices.
***
Also on today's show, a new report suggests some 800 million jobs may be lost to technology by 2030. I don't have any idea if that number is accurate but if you think we aren't going to see low skill jobs disappear due to technology you've got another thing coming.
The question is, how do you avoid being a statistic? The answer is value. If your job can be done by a machine, you need to start improving your skills so you can provide more value to the economy.
Whether you're self-employed or work for someone else, providing value is key to keeping your job and moving up.
Lots of great topics today. Share away!
Jason
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