The Macro View

?Tonights show we discuss the aftermath of the election. Cabinet pick whisper names, the first hundred day plan, and yes the riots!

I've got some messages for those on the Right

I've got some messages for those on the Left

For those seeking a greater opportunity to control their own destiny, we've got alot of work to do.

Donald Trump is the President Elect of the United States, there are a number of items of the proverbial chopping block, and alot of items in the proverbial woodworks. Some great, some good, some neutral, some bad, some horrible. There's no reason to believe that government will shrink outright, although there is reason to have faith it will dramatically slow it's growth. There's no reason to believe that there won't be continued foreign policy disasters, but there is cause for optomism on the war front. 

There's alot of terms being thrown around to describe the rioters and to describe the President Elect and his apparent Republican Trifecta.

PCness was revolted against.Elitists were revolted against. Bernie still should be the next President, and this will fuel someone like him, that is FARRRRR more scary than Trump. Cronyism Lite, Cronyism Heavy, some free markets, alot of police state, we shall see. Tune in and get my take!

Related Links:

www.pbs.org/newshour/rundown/president-elect-donald-trumps-plan-first-100-days/

There are some devestating effects to the minimum wage, almost none moreso than the discouragement of the development of human capital. On tonights episode we get a look at the real life consequences from a person that has taken the time to develop, through experience, the human capital that it takes to achive a $12.00 to $13.00 an hour. 

Lets discuss what the consequence of throughout the world is. The real life disincentivizing of the development of human capital that this imposes.

SPECIAL GUEST Chef Aaron Pencar - Speaking Live.

Especially during election years, the record level of income inequality and the record level of profits that US companies earn are in the new seemingly everyday as politicians make their pitch to get their hands on just a little more of that money. Given that we hear about these two topics all the time, we here at TheMacroView figured 'What the Hell', lets investigate this topic a little deeper. The results may be shocking, so I hope you are sitting down. 

We will reveal the numbers on tonights episode, but first.....

What is Income in the first place?

The education system is broken, it has become a prop for politicians to stand on top of as a way to demand more money go into 'their' coffers to spend on 'the children'. It's shameful, it's wasteful, and the result is stagnation and a 3rd generation of people that learned nothing about markets, economics, investing, logic, reason, and statistics. Worse yet, it is not for a lack of funding and effort. 

Thus where we are today, the most polarized political landscape since the 1950s, an anti-business culture like nothing seen in this country before, and a populace demanding Government be their savior from the "Evil Market" trying to exploit them. This dangerous philosophy has to end, the best way to do it, competition in education that will foster best practices and lead to a standard in the US that once again is the envy of the World in terms of education. What I am calling for may seem radical, but it is the only way to really do right by the next generation and repair the cultural harm that 3 generations of socialist propoganda in our K-12 and Higher Education system has done.

Andrew discusses a recent article from the Denver Post that cites  a study showing most Americans fear financial advisors, and what the current and longer term wealth effects will be for most people. The financial profession exists for a reason, it is an honorable profession to be in, and 99% of advisors have their clients best interest in mind to a fault. They are honest to a fault, they are dedicated to preserving and growing their clients wealth. Why then do most Americans have a deep distrust for financial advisors and investment professionals? Is it that big of a deal? How will this effect American culture, wealth, opportunities and innovation? Brain-Drain from Wall Street, Increasing Criminalization of Everyday Course of Action for Advisors, Increasing recordkeeping requirements and other non-scienter, non-fraud violations that Advisors can face, prosecution in kangaroo courts known as Administrative Proceedings... Have we gone way to far? Are lower income, middle income and even the lower end of upper income individuals and households being neglected as a result? This and More on #TheMacroView Pop-Up Episode #4.5

ACCESS TO CAPITAL, ACCESS TO CAPITAL, ACCESS TO CAPITAL! How do we get this economy bumpin again? Access to capital for start ups, small businesses, growing business that can put capital to work YESTERDAY. This isn't the old days, you can't walk into the bank with a good idea and 2 paychecks, negotiate terms directly and build a solution for financing that works for you. Only people in certain statuses are even legally allowed to invest in some businesses, banks are constricted by 4+ regulators depending on their business lines, wealthy people know well how hard it is to start and grow a business, and how regulatory barriers to entry increase the cost, in turn to get a wealthy person to invest in your good idea, you need to be in a business that either has government favors built in and easy access to those favors (an uncle that sits on a board with a councilmember) or that has little regulations (software as a service, mobile apps, low productivity - boom or bust type ideas), not to mention you gotta find an court wealthy people to find one that likes your idea. How we can fix this and more will be discussed on Episode 4

I will discuss the Financial Entanglement that has occurred between powerful organizations, governments, corporations, and how/why the regulators have to protect the status quo.In every industryinnovation - the kind that can cause long-standing companies with their corporate blinders on to go bankrupt, has the potential to be so disruptive it could cause massive financial losses for some of the most powerful organizations in the United States. Every labor union, city, state, even the federal government has pension liabilities that will eat up future tax revenues in the event of significant losses. This could mean forced financial prioritization for major cities, and likely massive cuts, etc. The political picture would be disastourous for leaders in office. Regulators, as the enforcement arms, must maintain the stability, in the elite classes eyes, and this is where the hypocracy and contradictions begin. Government promotes "Clean Energy" but then subsidizes fossil fuel based companies at every level. Locally, utility companies have government granted regional monopolies, all are fossil fuel based. Utility companies, from an investors standpoint, are about as safe as it gets in an equity portfolio, barring corporate scandal, they will likely never go bankrupt. Dodd-Frank, and the promotion of "Ending Too Big Too Fail", while turning around and making "Too Small to Survive" the "New Normal". Consolidation, complacency and lack of lending to growing businesses for real investment is the result +/- 7 years later -This and More on a Special #TheMacroView Check This Out: http://goo.gl/KgkDh4

I will be talking about how the factorys are already coming back, but the jobs in those factories, the high paying manufacturing jobs politicians love and love to promise, will not be coming back with the factories. This and more on Episode 2. This and other pressing issues that have a major effect on the labor market, and the inability for people, young people with bachelors degrees specifically, to find good paying jobs that match their 'qualification'. We will discuss why and how the 4 year degree died, we will discuss the jobs that are coming, and will be available for sure both the most available, as well as the highest paying, we're going to talk about how entrepreneurship, innovation, the sharing economy, and other entrepreneurial revolutions can create unexpected and unanticipated opportunities for millions of people to own their own destiny, we will discuss ways public policy reforms can get banks lending again and get wealthy people using markets to redistribute wealth to new ideas, and in the process increase their own wealth along with the wealth and standard of living of the entrepreneur with the idea, the employees they hire, the other investors that subsequently invest as it grows, and the consumers that benefit from the product and service. We will discuss 'The Two Job Mentality' quite a bit, and we will bring up a revolutionary [sarcasm] chain of 2 ideas - "Income Does NOT Necessarily Equal Wealth and Wealth Does NOT Necessarily Equal Happiness". This plus more on TheMacroView: Episode 2

TheMacroView is dedicated to passionate, substantive, evidence based discussions regarding the economy, investment, entrepreneurship, education, the job market, public policy, the welfare system and it's effectiveness and much more. The goal is to clearly separate corporatism, cronyism and other mixed economic philosophies, so often branded as capitalism, and real capitalism. Another goal is to get listeners to buy in and believe in the system, understanding that markets will and do listen, not because of, but rather often in spite of government policy. 

We will make compelling arguements for why Bureacracies are inherently anti-progress,i.e. how renewable energy is constantly screwed over by regional monopolies owned by utility companies. We will discuss problems with Public Employee Pension systems, and the current social security/entitlement system. We will promote ownership and the concept of a "Two Job Mentality" in which we all understand we have an income producing job (Work) and a Wealth Creation Job (Personal Finances & Investing), we will promote causing social change, environmental change, and demanding accountability by buying a seat at the table of corporate America. We will discuss many issues, promote creative new & time tested solutions to the pressing issues of our time, and we will do all we can to stand up for entrepreneurs, business owners, and especially fiduciaries/custodians/advisors of wealth. We will promote concepts to bring wealthy to the less fortunate from a "Teach them How to Fish" as opposed to a "Give them a Fish" approach, we will talk alot in NUMBERS, hard real Numbers, and alot in historical evidence. We will begin to have guests on and we are currently building out a series of interviews. Eventually we hope to move to video, and also host very compelling debates.