The Jason Stapleton Program

I really needed to apologize for my absence last week. I had some work stuff that came up, and then I caught a mean batch of strep throat.

The good news is I'm back all this week; the bad news is I leave Sunday for a 12-day shoot that should finish off my commitment to this TV show.

I appreciate you listening and being part of what we're trying to build, and I promise when this TV thing is over it's going to be back to normal schedule.

Today the big news is the mass shooting in Vegas. I'll give you what thoughts I have on the killings, and I'll open things up for you to comment as well. Frankly, I'm not sure what to make of our new society. Statistically, it's not a gun problem, but something has changed in the mentality of our citizens. We're almost a year removed from the Pulse shooting, and it seems like these events are getting closer and closer together.

I'll also update you on Venezuela. It's not as much an update as it is a story that illustrates what socialism does to any nation that peddles in its ideas.

Finally, we'll talk a little identity politics and the value of self. Not a bad day considering Darren is gone.

Enjoy!!

Once again, if you just stick to the truth and be unapologetic eventually that truth will set you free.

For years the FED has been talking about Quantitative Easing as the solution to our economic problems. "Prime the Pump!!!" they'd scream. "Don't worry; we know what we're doing."

They do not.

One of the Feds own economists has now admitted what many of us have known for so long. QE doesn't work. It creates bubbles, distorts asset prices and creates a general mess, but it doesn't help heal an economy.

Enjoy!

Jason

It would seem the Fed has been prepping the market for a big announcement. It's widely believed the Fed will announce once its intention to start shrinking it's balance sheet today.

Some of that might be confusing so let me clarify...

When the housing bubble burst, the Fed responded by creating trillions of dollars out of thin air. All that money has created bubbles in stocks, bonds, corporate debt, even art and real estate have been affected.

So what happens to the economy when the Fed finally says, "We're done, and we're going to start pulling the money back."

My hunch is we're going to see an economy that wakes up from its heroin-induced coma and falls apart.

Today we're going to discuss a great article from zero hedge that uses some mind-boggling facts about stock prices that will help put all of this into perspective.

I've also got a barn burner of a speech Maxine Waters gave recently. Get ready to be entertained and a little sick to your stomach.

Jason

I had intended to talk about Facebook today, but I ran off in so many different directions that I never got around to it.

Today we're going to talk about Trump's recent speech at the UN, Hillary's continuous campaign to blame everyone but herself for the election loss and we're going to chat about a San Diego professor who handed out extra credit to anyone who'd take a white privilege survey.

Really good show today,

Jason

Great article out of Zero Hedge today covering the current pension crisis in America. If you've listened to this show for any length of time, you know the public pension system is wrecked. But this article really went into detail about how it all might shape out in the end. Let's just say it's not a rosy picture. Like Mauldin says, "There are no good choices anymore."

I've got a lot of social stuff in the stack today. I want to talk a little about Brown University's decision to start segregated dinners after the recent clash with White Nationalists.

Depending on who you listen to you'll get very different opinions on this. I'd like to give you a practical one.

We'll also discuss the Republicans attempt to revive their Obamacare lite proposal. What can I say, read the fine print. Headlines rarely tell the full tale.

Great show today, thanks for listening and tell a friend! :)

Jason