Good Morning Liberty

Visit www.goodmorningliberty.us for more great articles on politics, economics, and Libertarian ideology. Visit www.BernieLies.com if you want to read specifically about the many lies told by one of America's greatest manipulators. Get your own "Bernie Lies" T-Shirt on our Etsy store. In Liberty, Charlie & Nate P.S. We can do this. Keep forging on through the disheartening news, and hate-filled rhetoric. We're here to #MakeLibertyWin --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

We had to stop 4 times during the recording of this episode. I still thought it brought some valuable content. We talked mainly about the innovations of SpaceX. How is it they were able to change so much in such little time? Look at the money that's being saved. ~$60 million to launch a satellite compared to upwards of $600 million it would have cost the Air Force or NASA. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Senator Sanders decided to take aim at Bill Gates yesterday. Why Bill Gates of all people? Gates is well known for being a great philanthropist. He and his wife have paid more in taxes than anyone in history, and they've also given more to charitable causes than anyone in world history. $10 billion in taxes, and over $45 billion to charity. Sanders has one problem: He wants to distribute the money through the US Government, not through charitable organizations. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today on the show: Bernie Sanders and Elizabeth Warren are fond of mentioning that the "Middle Class is shrinking." Of course, they bet on their supporters choosing not to look at where they are going. The data are in. People are moving into the Upper Class at an amazing rate. From Mises.org: Over the past forty years, for example, the proportion of households making less than $50,000 per year has continued to decline. The percentage of households with incomes under $50,000 fell from 49.5 percent to 39.9 percent, from 1969 to 2018. It's true that households in the $50,000 to $100,000 range also went down, dropping from 38.2 percent to 29.7 percent over the same period. But where did those people go? They weren't going into the under-$50,000 group because that group was shrinking. In fact, there are now more households in the over-$100,000 than in the $50,000-$100,000 category. The idea that Bernie and Warren are trying to drill into their followers heads is that people are slipping out of the middle class and falling into the lower class. This of course supports their assertion that the almighty U.S. government should step in and redistribute the wealth more evenly. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Podcast Notes 11/6/19 On today's episode we talked about a few main issues: Elizabeth Warren might "halve" the Stock Market Women are starting their own businesses at an amazing rate Apple is entering the affordable housing market UK's NHS is experiencing drastic wait times for patients We've stated this in several "opinion" pieces before, but now stock market analysts are weighing in on the left's terrible tax strategies. Anthony Scaramucci weighed in with Yahoo Finance on the notion that Warren's Wealth Tax, Stock Trade Tax, and Net Investment Income tax are going to be detrimental to the US Stock Market. Scaramucci stated that the market is likely to be cut in half if Warren is elected president. Marketwatch noted that women are starting their own "Sidepreneur" companies at an unprecedented rate. One of the major benefits of a side hustle being that you can still keep your normal job, and make money on the side. It's an amazing time to be alive, folks. Starting a business has never been safer or easier. Apple has announced a $2.5 billion investment into housing in California. Over the past 15 years, California experienced a housing shortage totaling 3.5 million homes. Apple has decided to reinvest in the area they call home. Offering financing to first-time home buyers, and low income individuals. Thank you, Capitalism. The biggest benefit is the fact that this money is value backed, not debt or printed money like what would usually come from such programs offered by the government. Finally, we discussed a story from Fox News noting historic healthcare wait times in the UK. The report on the government-run NHS system in England, released last month, details increased wait times for services ranging from emergency room visits to cancer care. And the study reports historic waiting lists totaling over 4.5 million people, up 40 percent in five years, for treatment with specialists. "Cancer waiting times are the worst on record," the report also declares. Turns out that everything being "free" comes with a price. The price? Long wait times, and sub-standard care. This is basic economics, people. You mandate that healthcare has to be expensive through regulations, and then you mandate that the prices be controlled through regulations. This has equalled less people entering the market for healthcare services, including Pharma companies, Doctors, and Nurses. Plans like Warren and Sanders' "Medicare for All" is destined to bring the same sub-standard care to the US. Listen to the podcast episode at this link. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Podcast Notes from 11/5/19 - Listen at this link. Today we talked about several headlines found in the news over the last few days. We started with Trump losing the appeal to keep his tax returns away from the public's eyes. I, for one, simply do not care what comes out in Trump's tax returns. He could have been dodging taxation his whole life and my response would be "Good for him. I wish I could do that, too." I can't help but think that this is yet another witch hunt focused on finding ways to demonize the president before next years election. If it were say, Barack Obama, I doubt those on the left would be raising such a fuss about the president not wanting to disclose his tax returns. Likewise, it's important that we remain principled. What would republicans be saying if Obama were refusing to disclose his tax returns? I doubt they would be fighting for Obama's privacy in the matter. Also mentioned were two stories: One noting Oklahoma's release of nearly 500 prisoners that had been previously convicted of drug crimes, and another mentioning the recent raid in California resulting in the the finding of $1.5 billion in illegal marijuana grows. First off, good for Oklahoma. Similar to Alcohol, Caffeine, Nicotine, and Sugar, drugs are bad. However, that does not automatically mean that the government has any business in dictating what people can and cannot do to their own bodies. If you are truly free, then surely that freedom extends to your right to harm your own body. I doubt that putting drug addicted citizens in prison is the best course for rehabilitation. Second, let's talk about this seizure of illegally grown marijuana in California. It's interesting to me that it's now legal to smoke in California, yet you still have to garner a license from the government to be allowed to grow. Unfortunately, if you think state legalization means an end to the failed drug war, then you will be sorely disappointed. The drug war is still on, only now the war is focused on those growing plants without the governments permission. Now we land on Krispy Kreme. Last week, Krispy Kreme ordered a man to "cease" and "desist" his operation, in which he would drive four hours to the closest Krispy Kreme location, and bring upwards of 100 boxes of sugary goodness to the people of his community for resale. The man was using the money to pay for his college education. Like many others, I was upset with Krispy Kreme for telling the man to stop reselling the donuts. He purchased them at full-price from the store. Where's the problem? The people were aware that they were paying a higher rate for the donuts, and I'm fairly certain they were also aware that they were not in fact purchasing them at a Krispy Kreme location. Luckily, the free market moves faster than the government. After social media backlash, Krispy Kreme reversed their stance and also donated 500 donuts to the young entrepreneur. Can you imagine the government moving this quickly? No. It would have taken years, if ever. That's the beauty of free market capitalism in the era of social media. Thanks for listening to the podcast. If you'd like to listen to the episode, click here. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today we set out to talk about the truth behind whether or not Venezuela was in fact "Socialist." Instead, we stuck to a top that is very close to us- The fact that 80% of Millennials are reportedly "overwhelmed," and "Feel inadequate." A small sense of gratitude for the amazing lives we all have. I was once begged for water in Africa, yet millennials are overwhelmed because they have to balance work, fitness, and social media accounts. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hey folks! We just spent the last hour diving into the details of Elizabeth Warren's Medicare for All proposal. As you might suspect, it's full of great intentions and tainted by terrible economic policy. Spoiler Alert: The rich are going to pay for everything. We also discussed the Katie Hill fiasco, as well as wild speculation about the death of Jeffrey Epstein. You can find a link to every single thing we do by clicking here. --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bernie Sanders is at it again, again. And again, also. On twitter today, Bernie stated that Jeff Bezos' income is "$215 million per day." Okay, Jeff Bezos is in fact worth a lot of money, but does he actually make that much in income? A quick trip to your calculator would tell you that $215 million per day would equal $78 BILLION per year. Maybe that seems possible for the worlds richest person, but it isn't. It just plain isn't. Amazon's gross income in 2018 was $71 billion. So do you honestly think that after "cost of goods sold," they decided to pay Jeff Bezos $78 billion from their $71 billion gross? This is simply what Bernie does. He takes the fact that Amazon's stock has moved up a decent amount in the last few days, determined the market value of Amazon, and then determined how much Jeff Bezos' 18% ownership increased in value over the last few days. By this logic, where were Bernie's tweets about how Bezos "lost" $1.6 billion per day last October? No where to be found because of course, that doesn't fit his agenda. The bulk of Bezos' "worth" comes from his ownership of Amazon. This means that when you say he earned $X-amount, you're talking about the value he earned if he were to in fact sell all of his shares today. Something he hasn't done, meaning that he hasn't technically "earned" this money. If you own stock in any company, you've probably seen the value of your portfolio increase and decrease by substantial amounts over time. On a day where the market is up, does that mean you "earned" what ever the increase was that day? No, because you didn't sell your stocks. There's one other market factor Senator B.S. isn't mentioning. Jeff Bezos' current value of stock might be $100 billion, but he would get no where close to that if he decided to sell his shares on the open market. This would flood the stock market with a supply of shares that it doesn't currently want, meaning the value of those shares would need to decrease to the point that enough people would want to buy his 18% worth of shares. In all actuality, that "$100 billion value" might only get him $50 billion by the time the selloff is finished. That's whats happening when the stock prices is crashing by the way- someone (or a lot of someones) are selling their shares. The market is flooded with supply, and the price drops to the amount that meets the current demand. If you made it through this article you've learned more about the stock market and basic economics than the bulk of Sanders' followers have learned in their lives. This is why we created "BernieLies.com" --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today we had an interesting discussion about the recent decision by the NCAA to allow players to make money from their name, image, and likeness. This is a massive decision from the body which brings in massive amounts of endorsement money from players, although not allowing those players to make money themselves. Overall, we support this move, because you should be free to make money if someone is specifically giving money to use your name towards making profit. Nate and Charlie have a bit of a difference on the issue, which showed through on the podcast. Nates dissent: I agree that they should be able to make money, but I don't want to ignore the part that the NCAA has to play in the ability for the players to make money. Did they not set up the system that makes the whole thing possible? Is this similar to a business risking and investing, and then the worker being able to demand all (or most) of the reward? I obviously want them to make the money, I'm just recognizing the fact that the NCAA does have an argument in wanting a portion of the income from endorsements. It's a complicated issue. What will also be amazing to watch is the culture that develops between schools where some students are making millions of dollars per year from their endorsements, while other player (perhaps on. the same team), might be struggling to get by. Yes, that is the free market, I'm just acknowledging that this will be interesting to watch. Especially considering that many college students favor socialism. Let's see how socialist they are when they have the opportunity to make a million times more money than their friends. Read more at www.goodmorningliberty.us Grab a "Taxation is Theft" t-shirt on our merch shop Tell your friends! --- Support this podcast: https://anchor.fm/goodmorningliberty/support Learn more about your ad choices. Visit podcastchoices.com/adchoices