The Jason Stapleton Program

The Jason Stapleton Program

By Jason StapletonBusiness
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The Jason Stapleton Program episodes

  • Elizabeth Warren Threatens Walmart, Al Franken on Net Neutrality
    Visit TheLiveShow.TV for full episodes, news updates and show notes.If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Foundation for Economic Education: http://fee.org/FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.Support the show.
    59 min
  • Your Taxes are About to Go Up, Obamcare Strikes Another Blow
    Visit TheLiveShow.TV for full episodes, news updates and show notes.If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Foundation for Economic Education: http://fee.org/FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.Support the show.
    1 hr
  • America's illegal immigration problem, subsidies mean more government, DOJ's 'dirtboxes' surveillance program
    Visit TheLiveShow.TV for full episodes, news updates and show notes.If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Support the show.
    1 hr 1 min
  • Net Nutrality will Destroy the Internet - Here's how...
    Visit TheLiveShow.TV for full episodes, news updates and show notes.If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Support the show.
    1 hr 1 min
  • Here's Why Democrats Lost Big, UK May End Free Speech, Proof Progressives Think You're Stupid
    Visit TheLiveShow.TV for full episodes, news updates and show notes.If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Support the show.
    1 hr 1 min
  • Elections are a Charade, Black Community Attacked Again, Bill Gross Gets it Wrong
    http://theliveshow.tv/the-live-show/elections-are-a-charade-black-community-attacked-again-bill-gross-gets-it-wrong/If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Support the show.
    1 hr
  • Socialism and Utopia, Berkeley Attacks Bill Maher, Clinton treads a thin line
    Visit TheLiveShow.TV for full episodes and show notes.If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.Support the show.
    1 hr 1 min
  • Should the Gov. Outlaw Guns? Voter Fraud Caught on Tape. Rep. Greyson forces his own kids on foodstamps
    It’s time once again for another edition of The Live Show.If you’re watching on TheLiveShow.TV, then you’re getting to see everything in real-time because we do broadcast live over the inter webs for all to see.I want to start off this morning with a little ethical bribe for you. What we are doing is, we are trying to build an army of conservative libertarian people.Those folks who want to be left alone, who believe in free markets and capitalism. Who believe in the idea that we should be allowed to live free and if you’re a believer in that, like if you watch this show, we want to empower you.We want to give you the tools to arm yourself against those people who suggest to you that bigger government, infringements on your freedoms and rights, are acceptable. We don’t want that to happen so what we are doing is we are putting together “The Great Knowledge Giveaway”.What we’re doing is we’ll be giving away a thousand dollars worth of great books.Now, these books are not cheap. The “Basic Economics” book by Thomas Sowell is like $30. WE’ll be giving away over a thousand dollars worth of knowledge to people who are part of The Live Show update list.So, if you go toTheLiveShow.TV right now or after the show, you’re going to see a little sign up form. Just enter your name and email address to get your regular updates of the show.Now, all you have to do is be on that list and you’ll be eligible for this thousand dollar giveaway of information. I’ll be giving away some of the very best books that I have ever read.And it’s stuff that’s easy to read. What I want to empower you with is information that’s enjoyable to read and it is pertinent in the world that we live in today.And so I’ll be giving you a list of those books to showcase them on the show over the course of next month. At the end of the month, everyone who is on the email list, we’re going to start giving away these books every single day. And, at the very end, the grand prize that you can win is an iPad 2 Air.We’re also going to see if we can get every single one of the books that we’re giving away on that iPad Air.So, not only do you get a fantastic piece of equipment made by Apple, but you’re also going to get all of the knowledge, not just a book or two.We’ll be drawing names randomly based on your email address. It doesn’t matter where you live in the world. Everybody is eligible and we want you all to participate in that. Make sure you go toTheLiveShow.TV and get on the update list so that you can be eligible for all of that awesome knowledge.I’m very excited about it. And, look, people who are not interested in knowledge are not going to be interested in being part of this. But those people are losers so we don’t really want them on the email list anyway because they are not folks interested in empowering themselves. Also, one of the best ways that you can be part of our community is by joining our private Facebook group, by invitation only.It’s a place where we can share, discuss, and have civilized arguments about some of the pressing issues of the day. One of which is the issue of gun control.Now I have not spoken about gun control since we kicked off this show. The problem with gun control is there are a lot of rejects out there that take gun control and gun ownership rights to a massive extreme. And we’ve all seen those guys wearing a pair of combat fatigues, a T-shirt that says America rocks, and a M-4 or an assault weapon strapped to their back. Or the guy who walks down the street with a loaded weapon because there’s an open carry law and just attracts police officers.And the only reason why he’s out there is to cause discontent, anger and get everybody all stirred up so that he can claim that it’s his right to carry a gun in the open. Well, it is your right but you’re an idiot. Unfortunately, you also have a right to be stupid, which you are.But, this question of gun rights and gun ownership is an important one.If you take a look at the private Facebook page, a friend of the show, Charles S. Miles, who is always interested in discussing and commenting on some of the key principles we have on the show, posted this to the Facebook page. Post & Conversation in the Facebook page.https://www.facebook.com/groups/1381131288840325/permalink/1500667460220040/Why Gun Permits & Background Checks are ILLEGAL!http://callmegav.com/2014/01/2nd-amendment-history-guns-quotes-shall-not-infringe/Now, he was posting this really to continue the conversation we had yesterday on the show about how the regulation, licensing, and oversight the government places on most institutions is not in fact designed to help or protect you.But, ultimately, it’s designed to limit competition.Charles says, well look at this. This is kind of the same thing that they’re doing with gun control and I wanted to share some comments about it.And we had a really great conversation with Uli Malsch about gun control.So I want to run through my belief systems about gun control, where it lies and what your responsibilities are and what the government’s responsibilities are in relationship to gun control.You can go to the show to read all of the comments about it and I’d love to get input from others of you who are interested on this topic. The critical question that must be asked is do you have a constitutional right protected by the government to keep and bear arms?Unequivocally, the answer to that is yes. If we take a look at the second amendment, it says very clearly a well regulated militia being necessary to the security of a free state the right of the people to keep and bear arms shall not be infringed. There is no question as to whether or not you as an American citizen has a right to own a gun.What you hear liberals and progressives say is that no, you can’t. They say, yes you can own something for self defense or for hunting but you should not be allowed to have these killing machines that’s designed for war.Here’s the problem with that. First of all, there’s only one reason that we create guns and that’s to kill.We don’t create guns for target practice, for fun and enjoyment. People use them for that but guns are designed for one thing and that’s to kill, to take life, be it the life of an animal or the life of a human being.They are a disgusting but necessary weapon in the protection of yourself.And what people also suggest is people don’t need a semi automatic weapon for home defense.But you see, the problem is that the Constitution doesn’t say that the reason you get to carry a weapon is so you get to protect your home.Or so you have the right to hunt and collect food. No, it doesn’t.You see, the framers understood something very simple. That we have certain inalienable rights. Certain rights that a government doesn’t have the right to take away from us.And if you look at our Constitution, it’s basically a list of things that the government does not have the right to do.The Bill of Rights are rights that you have. They’re not rights that the government gives to you. They’re rights that you have that the government cannot take away. So now the question becomes, what is the Federal government’s responsibility?Can they keep track of who owns guns?Can they require you to go through a background check?Can they limit what types of weapons you’re allowed to buy?Because, as we stated already, the Constitution does not specify that.But here’s the beautiful thing about the Constitution, the framers understood exactly what they were doing. So they went ahead and added the 10th amendment which says the powers not delegated to the United States by the Constitution or prohibited by the states are reserved by the states respectively or to the people.Therefore, states have the responsibilities to determine what that means. States have the rights to pass those kinds of laws, to require background checks, restrict what types of gun ownerships they are allowed to carry and those fights should be existing at the state level.Unfortunately, the Federal government has intruded on it’s own responsibilities as is typically the case and now is making decisions that are not constitutional. -----If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.----- What we need is for people to understand that with rights come responsibilities.Unfortunately, we look at these people who are pro-gun nuts and we say to ourselves ‘these folks hurt the cause’. They make all of us look like idiots, like a bunch of gun toting hillbillies who don’t really understand what it is and that’s the believes that progressives have about us.The fact is, that’s not it at all. The reason that we fight so hard and long to preserve these rights is because we understand the inherent value in them.What happens when they take away your right to protect yourself? When you stuck and forced to allow the government to do it? Look at Ferguson and what happened with that. There were certain people who stood out in the streets and armed themselves and guess what, those places didn’t get robbed.The rest of the people waiting on the government, waiting on the police force, waited on the National Guard to come and help them while their city was burning down around them. And they never showed up. The Russians during the height of the Cold War believed that they could defeat the American army. What they knew they could not defeat was the American cowboy with a 4 wheel drive and a shot gun.This is not just a bunch of people who don’t understand or what to be able to own guns above and beyond what is best for America.Gun ownership, you can look at any city with restrictive gun rights like Chicago, D.C., New York City, the crime rates are through the roof. And they have the strictest gun laws in America.Removing guns from the equation doesn’t change things. All it means is that they chase down people with hatchets. All it means is there are more killings with hammers.But the most important thing about gun ownership is the fact that you are able to protects the inalienable rights given to you by God from anyone, be it an individual or a government who seek to strip you of those rights. Whether or not you got the moxie to actually do it is up to you but gun ownership ensures that right. This Democrat Congressman, Worth Almost $20 Million, Receives Food Stamps for His Childrenhttp://www.thepoliticalinsider.com/democrat-congressman-worth-almost-20-million-receives-food-stamps-children/Rep. Alan Grayson (D-FL), a sleazy trial attorney and left-wing loon, was just named the 17th wealthiest member of Congress. Considering all the inherited money, lobbyists, and shady deals which happen in Washington, D.C., that is an impressive ranking.But Grayson has another dubious distinction: a dead beat dad. After being married for 29 years to Lolita Grayson, he is refusing to support her or his children. Why? Because he is shamefully arguing his wife’s first marriage was supposedly never fully ended, so Alan’s marriage to her was never legitimate.This is an incredible example of liberal hypocrisy. Grayson, who never met a tax increase or government program he wouldn’t force us all to pay for, is allowing his children to receive food stamps while he lives in a luxurious Florida mansion.I don’t know if you guys remember Alan Grayson but he is a dirtball. He use any type of sleepy tactic to get his way. He is worth about $20 million dollars, the 17th wealthiest member of Congress. When I saw this story, I immediately knew who this guy was because during the healthcare debate, this is what he said on the House floor.Alan Grayson on the GOP Health Care Plan: "Don't Get Sick! And if You Do Get Sick, Die Quickly!"https://www.youtube.com/watch?v=-usmvYOPfcoRepublican plan for healthcare in America is ‘die quickly’ and it was a flat out lie, it was disgusting to see him stand up and suggest that because Republicans don’t believe that somebody else ought to pay for your healthcare that somehow that means they want you to die.So when I heard this story, it turns out that he has an ex wife that he’s claiming that she was never actually divorced from her first husband but he has children with her. But because of this, he doesn’t believe that he has to pay child support to her so she now has to live on foodstamps.This is a man who won’t even take care of his own children yet, what he would have you believe on the Senate floor is that he cares so much about, that the Republicans hate you so much, that they want you to die quickly.This is a perfect example. This is what progressives do.They love taking credit for spending somebody else’s money. He won’t even spend his own to keep his own kids off foodstamps but he’s ready and willing, he’s never seen a tax increase he didn’t like or a government program that can force you to spend money on and then take credit for, he just loves doing that.People don’t like to hear the term redistribution but ladies and gentlemen, this is exactly what this is. It is a tax that benefits one group of people to the detriment of another. Google is developing cancer and heart attack detectorhttp://www.bbc.co.uk/news/technology-29802581Google is aiming to diagnose cancers, impending heart attacks or strokes and other diseases, at a much earlier stage than is currently possible.The company is working on technology that combines disease-detecting nanoparticles, which would enter a patient's bloodstream via a swallowed pill, with a wrist-worn sensor.The idea is to identify slight changes in the person's biochemistry that could act as an early warning system.The work is still at an early stage. Google Inc. X Lab Working on Magnetic Pill to Detect Cancerhttp://www.pfhub.com/google-inc-x-lab-working-on-magnetic-pill-to-detect-cancer-1343/Google is said to be working on magnetic pills that will not only detect cancer cells in human body, but will destroy them as well. The project was announced on Tuesday and is being looked at as a hope to improve the quality of life for people around the globe.Google X research lab’s head of life science Andrew Conrad explained that they are trying to change the medicine from reactive to proactive. That means that these pills will be able to detect the cancerous cells ahead of time and thus prevent cancer altogether. He said that they are aiming at building nanoparticles that will have the ability to detect any disease. Conrad told the audience at a Wall Street Journal conference that Nanoparticles are the union of biology and engineering, which will help in observing the human body at a cellular and molecular level.He also said that the team working on the project includes a cancer specialist along with other doctors as well as electrical and mechanical engineers, an astrophysicist is also there to guide them on how to track the particles that are present in the body.Now, here’s my question to you: if it could really detect cancer, if it could really detect a heart attack, would you swallow the pill?It is Google, after all. What else is in the pill? My first thought is i’d be really torn. What types of tracking do they have? Without a doubt there will be a 2,000 page terms of use. BOMBSHELL: N.C. Sen. Kay Hagan Campaign Workers Caught on Video Telling Illegal Aliens to VOTEhttp://toprightnews.com/?p=6966“Voter fraud does not exist.”That has been the Democrat’s Orwellian mantra for years, in a cynical attempt to defeat any and all photo ID laws.But as Top Right News has reported multiple times, Democrats commit massive organized voter fraud across the nation every election cycle. With illegal aliens, felons, even dead people. They just don’t usually get caught. Non-Citizens Are Votinghttp://www.nationalreview.com/article/391474/non-citizens-are-voting-john-fundCould non-citizen voting be a problem in next week’s elections, and perhaps even swing some very close elections?A new study by two Old Dominion University professors, based on survey data from the Cooperative Congressional Election Study, indicated that 6.4 percent of all non-citizens voted illegally in the 2008 presidential election, and 2.2 percent in the 2010 midterms. Given that 80 percent of non-citizens lean Democratic, they cite Al Franken ’s 312-vote win in the 2008 Minnesota U.S. Senate race as one likely tipped by non-citizen voting. As a senator, Franken cast the 60th vote needed to make Obamacare law.North Carolina features one of the closest Senate races in the country this year, between Democratic incumbent Kay Hagan and Republican Thom Tillis. So what guerrilla filmmaker James O’Keefe, the man who has uncovered voter irregularities in states ranging from Colorado to New Hampshire, has learned in North Carolina is disturbing. This month, North Carolina officials found at least 145 illegal aliens, still in the country thanks to the Obama administration’s Deferred Action for Childhood Arrivals program, registered to vote. Hundreds of other non-citizens may be on the rolls.A voter-registration card is routinely issued without any identification check, and undocumented workers can use it for many purposes, including obtaining a driver’s license and qualifying for a job. And if a non-citizen has a voter-registration card, there are plenty of campaign operatives who will encourage him or her to vote illegally.O’Keefe had a Brazilian-born immigrant investigator pose as someone who wanted to vote but was not a citizen. Greg Amick, the campaign manager for the Democrat running for sheriff in Mecklenburg County (Charlotte), was only too happy to help.Multiple NC Campaign Workers Willing to Aid Non-Citizen With Felony Kay Hagan Voteshttp://youtu.be/fhjq6y1frPQGreg Amick: Here’s a couple of things you can do. You do not have to have your driver’s license, but do you have any sort of identification?Project Veritas investigator: But I do have my driver’s license.Amick: Oh, you do. Show ’em that and you’re good.PV: But the only problem, you know, I don’t want to vote if I’m not legal. I think that’s going to be a problem. I’m not sure.Amick: It won’t be, it shouldn’t be an issue at all.PV: No?Amick: As long as you are registered to vote, you’ll be fine.So, here you have the campaign manager telling someone who clearly stated that through a government mishap that is now registered to vote and has an ID. But she is concerned because she is not a legal immigrant. The campaign manager just says it’s fine, just go, no problem.These people who are facilitating the voting, they have no respect. And the people who are looking to get elected have no respect for the process. I hope that every single one of these guys go to jail because this is one of the most important freedoms that we have. What Happens When A School Pays Teachers $125,000 A Yearhttp://hereandnow.wbur.org/2014/10/27/teacher-salary-studyHigher teacher salaries may help students do better in school, according to a study by Mathmatica Policy Research. The Equity Project (TEP) Charter School in New York City pays its teachers $125,000 a year, plus bonuses.The research, which was funded by the Bill and Melinda Gates Foundation, shows test scores at the charter school are higher in math, science and English.The study was authored by Joshua Furgeson, Moira McCullough, Clare Wolfendale, Brian Gill.“We found that after four years of being enrolled in TEP, that students achieved about an additional 1.6 years of school in math, about 0.6 years of school in science, about 0.4 years of schooling in English language arts,” Furgeson told Here & Now’s Jeremy Hobson.Unfortunately, this is not the case. The pay alone isn't not the deciding factor whether or not you're going to get good teachers.If you can't fire a teacher, if you got all kinds of rules and regulations on what a teacher can teach and how a teacher can teach it, then you don't get better teachers.What you get is more expensive teachers. You get the same crummy teachers you've always had but you get more costly ones. What the charter schools prove is that when you separate yourself from the bureaucracy, when you have the ability to be discretionary in your hiring and firing, when you hold teachers to a higher standard, and compensate them better, what happens is more good teachers comes to you. It's amazing how that works.Good teachers want to work with other good teachers. No teacher wants to work in a place where they're surrounded by terrible teachers, where they're surrounded by a school administration that doesn't care about the kids, that doesn't care about the education process, who isn't willing to listen to new ideas or think outside the box. Good teachers don't want to work at those places. So when you offer them an alternative like a private charter school, they will flood there. Charter schools really has their pick of the liter because they will pay more.And guess what, people who care about a better education for their kids will also seek out those schools, they will find the extra money that they need in order to pay for the tuition. But this is a discussion for another day and I want to touch back on this later.Until next time, be safe and be good.I will talk to you on Monday.Support the show.
    1 hr 3 min
  • NAACP Says Blacks too Stupid to Vote, Holder regrets supoena, Jason Explains the FED
    Welcome back everybody for another inspiring day at The Live Show.If you would like to comment on the show, you can do so on Twitter @Jason_Stapleton, it comes straight to the desk right here. You can email to [email protected] as well.In today’s episode, the news goes everywhere today. It crosses the spectrum.There’s updates on the beheading that I talked about yesterday, the ebola crisis, we’ve got some political news, we’ve got stuff on Eric Holder and the controversy there with subpoenas of reporter’s emails.And we’ve got an incredible story out of the Justice Department, claims Blacks and Hispanics are dumb and unsophisticated, I am not kidding you. That’s a real thing, we’re going to talk about that today as well.Maybe the biggest news on the front today is what the Federal Reserve did yesterday on it’s bond buying and asset purchase program. They ended up ending it.Now, many of you probably don’t care about that because you don’t understand it. And what I want to try and do is to shed some light on the Federal Reserve, the policies they institute, the way the banking system in America and really around the world works.Now, I know what a lot of you are thinking, that theres nothing that I want to do less than listen to explanations about how banking structures work. But I’m going to make this interesting, it’s going to be fun so that you can walk away with a better understanding of how your economy functions.Because it’s critical that you understand this in order to be an informed person. And, if you are a Black or Hispanic, I want you to understand that although your government, although the Justice Department thinks you’re slow, I in fact know that you are not. That you are more than capable of handling this type of information and being empowered to make better decisions and, more importantly, when you go to the polls, be able to vote more intelligently who are going to be serving you.We’ve got the FCC out with new regulations. Google has a really awesome new heart attack and cancer detector that we didn’t get to in the stack yesterday, which we’ll get to today. -----If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.----- Well, I know what you’re thinking. You’re thinking I’ve got to hear this story about Blacks and Hispanics. This is out of RedState.comJustice Department claims black and Hispanic voters are dumb and unsophisticatedhttp://www.redstate.com/2014/10/25/justice-department-claims-black-hispanic-voters-dumb-unsophisticated/Eric Holder and the wannabe-fascists in his Justice Department are carrying out a jihad on behalf of vote theft. They are doing this by contesting Voter ID laws that are being passed in many states despite a nearly unbroken string of defeats in appeals courts.To make their case that Voter ID laws are discriminatory the Justice Department has testified time and again that black and Hispanic voters are less capable that white voters of obtaining the necessary ID and in understanding the candidates and issues.They are making a case here, the Justice Department and the NAACP are in court, making a case for voter ID and there should not be any voter ID laws because it unfairly discriminates against minorities.Well, how can that be? I mean, we have cars and anybody can get an ID. How could it possibly discriminate against minorities? And so you can’t really make the case that it’s discriminatory on a financial basis when it’s so easy to get a photo ID.Let me preface this by giving you my opinion about voter ID. I don’t care.There are so few recorded cases in the history of elections of verifiable voter fraud. I’m not saying it doesn’t take place. I don’t think it’s unreasonable to have a voter ID law.I’m just saying all of those Republicans out there who are talking about voter fraud and how it’s costing us elections, it isn’t the case. The reasons Republicans can’t win elections is because they don’t stand for anything. That’s why they can’t win elections. It’s because they’re lukewarm on every issue. They’re kind of for it but not really for it. And so when you don’t stand for anything, you don’t inspire confidence in anyone. And when you don’t inspire confidence in anyone, they don’t feel like you’re really there to support them, which you’re not.The left, on the other hand, the progressive movement, boy you know where they stand. There’s no wishy washy questioning about their position like gay rights, immigration, healthcare. And what’s unfortunate is that the Republican Party has taken on a tact that says we want to be the same but just a little different. And that’s why they can’t win elections.At the preliminary injunction hearing in July, before Judge Thomas D. Schroeder in the U.S. District Court for the Middle District of North Carolina, the government produced Professor Charles Stewart of MIT’s political-science department. According to the transcript of that proceeding, when Stewart was asked why he believed that eliminating same-day registration (which only eleven states have) was discriminatory, he said that same-day registration provides “a mechanism and a time that’s well situated for less sophisticated voters, and therefore, it’s less likely to imagine that these voters would — can figure out or would avail themselves of other forms of registering and voting” (emphasis mine).And who are those “less sophisticated voters” who can’t “figure out” how to register to vote? They “tend to be African Americans,” according to Stewart. He added that “people who register to vote the closer and closer one gets to Election Day tend to be . . . less-educated voters, tend to be voters who are less attuned to public affairs.” Stewart said that these voters “tend to be African Americans.” Of course, the voter-registration data in North Carolina directly contradicts this, since Stewart was forced to admit that blacks in North Carolina actually “were registered at a higher rate than whites” before Election Day in the 2012 election.Stewart leveled the same type of criticism at a measure to reduce the number of early-voting days. African Americans would be deterred from voting, he said again, because they are “less sophisticated voters.” He denied that he was racially stereotyping blacks — even when he said that they have a harder time figuring out how “to navigate the rules of the game.” He admitted that he did not survey black voters in North Carolina to ask them “directly about understanding the rules of registering and voting.”The NAACP’s expert was another professor, Barry Burden, of the University of Wisconsin. Burden claimed that blacks and Hispanics are less able “to pay the costs of voting” because of the “stark differences between whites, on the one hand, in North Carolina and those of blacks and Latinos in North Carolina.” By costs, Burden was referring to “the time and effort that a voter has to put in in order to participate.” That includes “locating the polling place, getting the right paperwork, understanding who the candidates are, becoming informed.” From his testimony, it was clear that Burden did not think that blacks and Hispanics have the same ability as whites to accomplish basic tasks such as locating a polling place, filling out a one-page voter-registration form, and learning what issues candidates support or oppose.They are literally saying that it is an undue burden on minorities to force them to find their polling place, fill out a registration form, and to do their own research to understand who they’re voting for and why because Blacks are not sophisticated enough to understand that.This is what the government is using to make their argument. To those of you who are African Americans or Hispanics, because they’re basically saying the same thing about Hispanics. But specifically, to the African American community because there seems to be a lot of divide between Blacks and Whites.There seems to be a lot of racial tensions going on right now. This is what your government thinks of you. This is what Eric Holder of the Justice Department thinks of you. They think that you’re stupid. They think that you are less intelligent than White people. Less capable of understanding the vote and the people who are running for political office. And so, you need special privilege, someone to hold your hand and make sure that you get walked to the right polling station and somebody fills out the information for you, someone sits down and explains to you the candidates.I would be more than offended. I would be outraged. I just can’t believe that they would actually in open court make these kinds of accusations against the Black community.It’s got nothing to do with you, the Black voter at the end of the day. It only got to do with being able to put as many people in the polling place who have no idea what the issues are and getting them to vote a specific line. To get the most amount of uninformed people to the polling place to vote. And to get them to the polling place, to get them to vote a straight line Democratic vote.That’s what this is about. And if they have to make you all out to be stupid, ignorant, less than human, in terms of your intellect and capacity, well that’s fine because it accomplishes the goal so they’ll do it. The goal of getting Democrats elected. It’s appalling. And you all ought to be outraged about it so I’m just letting you know what’s going on. It’s your responsibility to take action. Articles Jason covers in today’s episode:Holder says ‘subpoena’ to Fox News reporter is his one regrethttp://www.foxnews.com/politics/2014/10/29/holder-says-subpoena-to-fox-news-reporter-is-his-one-regret/Attorney General Eric Holder says he has one regret: his department's court order for Fox News reporter James Rosen's emails labeling him a criminal "co-conspirator."The outgoing attorney general, who recently announced his retirement, addressed the controversial episode during the "Washington Ideas Forum" on Wednesday. Asked what decision he wishes he could do over, Holder said: "I think about the subpoena to the Fox reporter, Rosen."Holder was referring to a 2010 search warrant application seeking Rosen's emails. The Justice Department at the time was investigating who leaked information contained in a series of reports by Rosen in 2009 about North Korea's nuclear weapons program.In the course of seeking Rosen's emails, an FBI agent submitted an affidavit claiming there was evidence that Rosen broke the law, "at the very least, either as an aider, abettor and/or co-conspirator." The affidavit went so far as to invoke the Espionage Act -- pertaining to the unauthorized gathering and transmitting of defense information.On Wednesday, Holder said that application could have been done "differently" and "better.""I think that I could have been a little more careful looking at the language that was contained in the filing that we made with the court -- that he was labeled as a co-conspirator," Holder said, while claiming they did that "as a result of the statute."What they did was they called Rosen a traitor to his country. The only way to get the authorization was to lie about what he was doing. Now, they knew from the beginning that he was not a co-conspirator, aiding and abetting terrorists.It was only through your dishonesty, your lies, through your corruptions that you were even ever able to do this. This is another example. People rail against big government but they don't about big government.The thing about big business is that it is subject to the whim and will of buyers. If you don't like Walmart, you don't have to shop there, you can go to Target. You vote with your dollars.The government is something totally different. When you give them the power to regulate, there is no one in there to regulate them. The Justice Department is suppose to be the regulator, to look into corruption. But they are bought and paid for by the Obama Administration. There is no justice there. It is corruption on an absolute scale.And I get nervous even talking about this stuff. I got to be honest with you. We just watched a video of a guy who put out a few humorous tweets about the President and Secret Service showed up to his door. I keep waiting for them to show up at this door. To try and shut me up. They have absolute power and no oversight. So who regulates the regulators?We have to be so careful with the power and authority we give to the government. Dirty tricks of the student loan industryhttp://money.cnn.com/2014/10/29/pf/college/student-loan-servicers/The Consumer Financial Protection Bureau put student loan servicers on notice this week with a report detailing industry practices it found suspect.These companies help collect on the $1.2 trillion in student debt, but the report didn't name names of shoddiest actors. FCC Chairman looks to spur online video futurehttp://www.usatoday.com/story/tech/personal/2014/10/28/fcc-tom-wheeler-online-video/18081215/The FCC chairman on Tuesday formally asked the rest of the commission to consider new "technology-neutral" rules to update the agency's definition of what amounts to a pay TV service or a "multichannel video programming distributor (MVPD).""Today the FCC takes the first step to open access to cable programs as well as local television," he wrote. "The result should be to give consumers more alternatives from which to choose so they can buy the programs they want."If approved by the commission, the rules would give Internet-based video providers "the same access to programming" as cable, satellite and telco-delivered pay TV services," Wheeler said in a blog post on the FCC website.The move would encourage current and new video providers to take advantage of Internet-delivered content and boost competition, he says. And new over-the-top TV providers might offer "smaller or specialized packages of video programming, so consumers will be able to mix-and-match to suit their tastes," Wheeler says.Now, first of all, congratulations to the FCC. I'm ecstatic that they are doing this. But my question is why did they have the authority to do this?Why is there a rule of what constitutes a paid TV service? And why do we need new rules to create technology neutral services?Because a long time ago, somebody said under the guise of protecting you that we needed a FCC to regulate the airwaves and make sure everything is right for you the consumer to protect you. It's because of rules and regulations like this, it hampers growth and limits competition and it's always done under the guise of protecting you. Fed ends bond buying, shows confidence in U.S. recoveryhttp://www.reuters.com/article/2014/10/29/us-usa-fed-idUSKBN0II20O20141029The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects.In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals."On balance, a range of labor market indicators suggests that underutilization of labor resources is gradually diminishing," the Fed's policy panel said in an important departure from prior statements, which had described the slack as "significant.""The committee continues to see sufficient underlying strength in the broader economy," it said.Now the question is will the market be able to sustain this growth?I want to explain exactly what has happened. Right now, our government has to issue debt every single month in order to pay it's bills. It runs a deficit of half a trillion dollars a year.In order to spend that money, we have to borrow that money. The government does that by issuing debt and that debt goes out into the open market. Anyone out there is allowed to buy it.What has been happening is, right now, in order to keep interest rates low, in order to keep money flowing into the economy, the Federal Reserve has been buying those bonds in order to keep the bond prices down.And, then what happens is, the remainder of the bonds are at a lower interest rate because there are less of them, which causes a higher demand on them. So, that's the way they've been doing this purchase. Make sure you don't miss Jason's brief analysis about how the Federal Reserve works to educate and empower you.Hope you enjoyed today's episode but we are out of time and we'll continue this conversation for even further analysis tomorrow.Support the show.
    1 hr
  • Prostitute Scandal Gets Worse, The Poor Still Can't Get Care, and "Bibi" smacked by White House
    Coming to you live deep in the Heart of America.Welcome back to The Live Show!First headline of the day: Investigator of the Secret Service prostitution scandal resigns.If you will remember back, there were a group of secret service agents who were on an advanced detail and they ended up going to Colombia. They were lady implicated in a prostitution scandal. And 8 of them were subsequently fired. For those of you who don’t understand how an advanced detail works, let me explain.When you’re doing close protection work, of which I have quite a bit of experience, you have on a large scale operation like you would have protecting a President or high ranking Senators or something like that, you typically have two teams. You have the actual close protection element that guards the person that you’re there to protect. And you have an advanced team that goes to the locations that the individual is going to be at prior to them arriving, does a bunch of coordination, and makes sure that things are secure.So you have a group of secret service agents who travel to Colombia as part of the advanced element. And while they were there, they got their advance work done, it was late in the night, they got an itch they got to scratch, it’s right there. It’s right in front of you, just go over there. So they ended up paying for sex and got kicked out of the Secret Service.Now, they had assigned an investigator, David Nieland, to try and figure out if a crime had been committed here. He was part of the Department of Homeland Security who was tasked with the internal review of the Secrete Service in the 2012 prostitution scandal. He quietly resigned in August after he was implicated on his own incident involving prostitution. Investigator in Secret Service prostitution scandal resigns after being implicated in own incidenthttp://www.foxnews.com/politics/2014/10/29/investigator-in-secret-service-prostitution-scandal-resigns-after-implicated-in/The investigator leading the probe into the Secret Service's 2012 prostitution scandal quietly resigned in August after he was implicated in a prostitution entanglement of his own.A senior administration official confirmed to Fox News that David Nieland was observed entering and leaving a building that was under surveillance as part of a prostitution investigation by sheriff's deputies in Broward County, Fla.Authorities later interviewed a prostitute who identified Nieland in a photo and said he had paid her for sex.Nieland resigned after he refused to answer questions from a Department of Homeland Security official about the incident.What do you expect? When you give people massive amounts of authority, if you needed any validation that corruption exists everywhere and that absolute power corrupts absolutely, you need to look no further than the single man who was in charge of monitoring and reviewing the Secret Service investigation. Here’s another one:Man beheads woman & jumps in front of trainhttp://nypost.com/2014/10/29/man-possibly-beheaded-woman-jumped-in-front-of-train-cops/A man beheaded a woman at her Long Island apartment Tuesday night and dragged her out into the street where he kicked her severed head about 20 feet before jumping in front of a train, cops and witnesses said.Some of the neighbors thought the headless body in the street was a Halloween prank, only to lift the lifeless body and discover it was real, witnesses said.The man was struck and killed by a LIRR train about 25 minutes later.It’s wild and crazy times in New York. Never a dull moment.You know, I laugh a little bit about it because, if you don’t, it’s just so sad. This is a bad situation. Bad things happen all the time. With 24 hour news cycles, you tend to see more of them than you saw years ago. But it was a rarity in this country when somebody got beheaded. Not so much anymore. We have a ton of stuff in the stack today.I got so much stuff today that I want to go over with you and so many different angles that I want to present to you.We have got some folks who are inside of the Obama Administration who are just saying some absolutely atrocious things about Prime Minister Benjamin Netanyahu.We’ve got the Michael Brown case and the anonymous leaking stuff so we’ll be talking about that.As I’ve mentioned on this show before, we’re starting to see the repercussions of what happens in an economy when you make things cheap. You get a lot of people who want it and a lot of people who were providing it who don’t want to provide it anymore. Now we’ve got a report here that some doctors are wary of taking insurance exchange patients.The FCC Chair is looking to spur the online video future. It looks as though the FCC is going to help facilitate a way for consumers to cut the cord from the cable companies.And, Google, I noticed this out of the BBC, they are developing a cancer and heart attack detector. In addition, Royals taking command in game 6. It’s like a totally different team. We get back in our own turf and now we’re in very good position because in the last 7 times there has been a game 7 in the World Series, the home advantage team has won. It’s winner takes all tonight so huge day for Kansas City. -----If you would like to discuss anything with John about the show, email him at [email protected] can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at [email protected]’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.----- I was thinking about this prostitution scandal just right now. When you go to foreign countries, prostitution is legal, it’s open, they have entire houses with big signs that say ‘come here’ for your paid tail. In the United States, not so easy to come across it so I’m just curious.It’s easy to make bad decisions when bad decisions are staring at you in the face and nobody is there to say that this might be a bad idea. But this guy in Florida, man, I don’t even know where would you go in Kansas City. I can only imagine but it would be the most unsafe place in town. But it’s something you have to work for here in the U.S. right? It’s not just out in the open. And so for a guy to know that he’s the investigator, that he’s the guy that’s investigating this scandal and to still have gone to the effort, it’s just, I don’t know. He had to work for it basically. It wasn’t like it was out in the open. Anonymous Unveils Explosive ‘Leaks’ on Michael Brown Grand Jury and Ferguson Officer Darren Wilsonhttp://www.theblaze.com/stories/2014/10/28/anonymous-unveils-explosive-leaks-on-michael-brown-grand-jury-and-ferguson-officer-darren-wilson-report/Hacker group Anonymous is claiming that officer Darren Wilson will not be indicted by a grand jury in the shooting death of 18-year-old Michael Brown in Ferguson, Missouri, according to purported government sources.On or about November 10, 2014 the Grand Jury decision will be announced. Darren Wilson will NOT be indicted on ANY charges related to the murder of Mike Brown. All local police Chiefs and jail commanders have been notified to begin preparing for major civil unrest. Governor Nixon has been notified of the impending announcement and has ordered the Missouri National Guard to begin preparations for a possible re-enstatement of the martial law that was declared at the beginning of the Ferguson protests.It’s what we’ve been saying from the very beginning. We’ve been telling the protesters to not hitch your star to this kid. This kid is not the guy you want as the poster chid for your movement against police brutality.I am not suggesting by the way, as I’ve said many times, that they don’t have a legitimate complaint about the police force in America. I’m not suggesting that at all.They may have very valid claims against brutality, discrimination against certain police officers or police stations across the country. What I’ve been saying is, this is not the kid, this is not one of those cases.What you ought to be doing is you ought to be finding those cases that actually do have some sort of racial bias or discriminatory bias, civil rights violation, or freedom or liberty violation. This is not it. Britain ends combat role in Afghanistan, last U.S. Marines hand over basehttp://www.reuters.com/article/2014/10/26/us-afghanistan-troopwithdrawal-idUSKBN0IF06I20141026British troops ended their combat operations in Afghanistan on Sunday as they and U.S. Marines handed over two huge adjacent bases to the Afghan military, 13 years after a U.S.-led invasion launched the long and costly war against the Taliban.Their coming departure leaves Afghanistan and its newly installed president, Ashraf Ghani, to deal almost unaided with an emboldened Taliban insurgency after the last foreign combat troops withdraw by year-end.At the U.S. Camp Leatherneck and Britain's Camp Bastion, which lie next to each other in the southwestern province of Helmand, troops lowered the American and British flags for the final time on Sunday and folded them away.The U.S. military is leaving behind about $230 million worth of property and equipment –- including a major airstrip at the base, plus roads and buildings -- for the Afghan military.The battles have raised concerns about whether Afghan forces are truly able to hold off the Taliban without intelligence and air support from the United States and its allies. "I'm cautiously optimistic they will be able to sustain themselves," said Brig. Gen Daniel Yoo, the commander of Regional Command (Southwest).He said the success of the Afghan security forces depended on leadership, continued development of logistics and confidence."They've got to want it more than we do," he said.What’s unfortunate is we didn’t do this sooner. There was no reason for men and women to continue to be there to be fighting and dying for nothing. Once we realized and it became apparent that they had no idea, no plan for an exit strategy of what success looked like, it became a political stunt.What they should have done was, the second they decided ‘look we’ve done what we can do. We need to get out of here’. They should have just overnight been gone. There’s no reason to be out there to be fighting and dying for nothing. What a Senior Obama Admin. Official Reportedly Called Netanyahu Signals Relations Are at a ‘Full-Blown Crisis’http://www.theblaze.com/stories/2014/10/28/what-a-senior-obama-admin-official-reportedly-called-netanyahu-signals-relations-are-at-a-full-blown-crisis/“The thing about Bibi is, he’s a chickens**t,” this official said.“The good thing about Netanyahu is that he’s scared to launch wars,” the official reportedly added, expanding on his “chickens**t” comment. “The bad thing about him is that he won’t do anything to reach an accommodation with the Palestinians or with the Sunni Arab states. The only thing he’s interested in is protecting himself from political defeat.”Another administration official told Goldberg that he agreed the Israeli prime minister is a “chickens**t,” but went further, calling Netanyahu a “coward” in regards to the way he has dealt with the growing Iranian nuclear threat.We have one sound relationship in the Middle East. One partner for freedom and democracy in the entire region. And Obama is going to single handedly tear that to the ground.It's absolutely unacceptable and it has to stop. And to wrap up, we cover what's happening with Obamacare and how there are case after case of it not working.Some doctors wary of taking insurance exchange patientshttp://www.usatoday.com/story/news/nation/2014/10/27/insurers-aca-exchange-plans-lower-reimbursements-doctors/17747839/Now that many people finally have health insurance through the Affordable Care Act exchanges, some are running into a new problem: They can't find a doctor who will take them as patients.Because these exchange plans often have lower reimbursement rates, some doctors are limiting how many new patients they take with these policies, physician groups and other experts say."The exchanges have become very much like Medicaid," says Andrew Kleinman, a plastic surgeon and president of the Medical Society of the State of New York. "Physicians who are in solo practices have to be careful to not take too many patients reimbursed at lower rates or they're not going to be in business very long." The Coming Divide Episode on The Live Show, October 8, 2014http://theliveshow.tv/the-live-show/the-coming-divide-obamacare-strikes-walmart-twitter-sues-the-doj/ The Coming Divide by Jason Stapleton: http://www.theliveshow.tv/resources/thecomingdivide.pdfEXCERPT: “If insurance premiums are going up most Americans who now have insurance are going to become more dependent on their employer to help defer some of the cost. This, in turn, will likely decrease the mobility of ourworkforce since people will be less likely to quit jobs, start new businesses, or apply for better jobs out of fear they might lose their health insurance. If you feel trapped in a job now and are afraid to quit because the company has such good benefits, just wait. In the world of ObamaCare it will be virtually impossible to leave your employer. Here’s why.In addition to a personal mandate, ObamaCare also goes after corporations. Those are the evil institutions that provide jobs and create products that produce wealth. In the eyes of many in Washington, a company exists not to make a profit for its shareholders or to create value for consumers. Rather, that company exists to provide jobs, pensions, and health insurance to its workers. In their, eyes making a profit should always come second to caring for the worker.”EXCERPT: “The new corporate mandate forces most American businesses to offer government­ approved health insurance to their employees or else pay new federal taxes for not doing so. Not all corporations fall under this new law. Right now the bar is set at 50 employees or more. So if you run a company with 50 or more employees or if you work for a company that has more than 50 employees, you’re going to be affected.Under the new mandate, if a company does not offer health insurance and has at least one employee receiving a subsidy from the government then that company must pay a $2,000 fine per employee.Even if the company does offer health insurance, if they have an employee who can get a better deal with a subsidized insurance program, that company will also be taxed at $2,000 per employee (exempting the first30 employees).”EXCERPT: “But it doesn’t stop there. Even if the employer does offer health insurance, if one person who works for them opts for an alternative, subsidized health insurance, that company is still liable to for the penalty because the company did not provide “adequate” coverage. So they’re damned if they do and damned if they don’t.Now step back for a moment and let’s contemplate what the cost of providing coverage might be to those employers. Remember, by the IRS’s own filings they expect the cheapest plan to run $20,000 year. This is several multiples higher than the current cost for health insurance. Companies that now offer insurance will now be faced with a choice. Pay double or triple what they now pay per employee or simply suck it up and pay the penalty. Which one do you think most large companies will choose?If you work for a small company (less than 50 employees) and you happen to have health insurance now, do you think they are likely to continue to provide it when premiums double or triple? The answer is no. What you will see over the next several years is companies dropping their health insurance coverage and pushing people onto the exchanges.” What it all means for you, your children, and your grandchildren?EXCERPT: “The new law will have a very damaging effect on entry­ level workers. When I turned 16, I walked across the street from my house and got a job washing dishes at a Pizza Hut for $5 an hour. Over the course of the next several years I moved from one company to the next. There was a high degree of mobility and I had the opportunity to advance at a young age. In the summer I switched from working 20 hours a week to 40 or 50, depending on who I was working for and how badly I needed money. There was a massive amount of opportunity for a kid who was willing to work hard.I also gained a great deal of work experience. I had the chance to work in a variety of industries and even tried my hand at entrepreneurship by cutting grass with a friend in the summer. Entry ­level jobs were easy to come by and a poor kid like me learned a lot about the value of hard work. Had I decided to stay at the Pizza Hut, I could have easily worked my way up to a manager and even purchased my own franchises down the line. There was upward mobility, a chance to start at the bottom and retire rich.I think that kind of opportunity is over. With the passage of ObamaCare, companies like Pizza Hut, McDonald’s, Home Depot, and a host of other companies that offer a low barrier for entry and a chance to advance, will have to drastically change the way the hire and advance employees.”As is typical with progressives, they have the best of intentions but they're never measured on the outcomes, only on the intentions. They had an intention of healthcare for all as though you could just mandate that everybody receives a certain amount of a commodity and not affect the supply and demand of that commodity at all.And this is what you get. Now people who have subsidized health programs, they don't have coverage. In fact, they can't even find a doctor. What will happen over time is fewer and fewer future students are going to get into the medical field to become doctors.It's coming, it's here now. And the longer it's here, the more it reaches it's tentacles into every part of our lives.Support the show.
    58 min

About The Jason Stapleton Program

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A business podcast for solopereneurs, entrepreneurs, and dreamers who want to build a lifestyle business that supports their lifestyle. Here we cover marketing, sales, and mindset issues that matter…

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