American Monetary Association

Christine Hassler is a Gen Y and millennial expert. She believe millennials have the highest expectations and are often hit hardest when they face reality and realize it's not as easy as it looks. She talks to Jason about how to manage your expectations better, why she loves millennials, and a little bit about her latest book entitled Expectation Hangover. Key Takeaways: 3:15 – Christine talks a little bit about her book, Expectation Hangover, and who it is meant for. 6:10 – Christine says millennials are hard working employees. They learn quickly and think outside the box. 10:15 – You need to have a break up in order to grow. A break up leads to a break down, which actually then leads to a break through. 13:00 – Take a brief pause in your life to accept the on-rush of feelings you might have, once you've done that, then you can work on releasing them. 16:00 – Christine believes millennials will find a better solution for our current broken school system. 19:10 – Don't base your happiness and self-worth on the result of your goal. If you fail, it will take you longer to bring yourself back up. Have goals, but distance yourself emotionally from them. 20:50 – Christine wants you to optimistic, but she also doesn't want you to let yourself down for putting too much emotion in that optimism. Mentioned In This Episode: http://jasonhartmanfoundation.org/ http://youngwealth.com/ http://christinehassler.com/book-landing-page/ http://christinehassler.com/

Lawrence Cunningham has written dozens of books including the Berkshire Beyond Buffett: The Enduring Value of Values, which Amazon called “a hot new title”. He has also written books such as the AIG story as well as The Essays of Warren Buffett: Lessons for Corporate America. Lawrence loves to teach, read, write, and spend time with his family. He comes on to the show today to talk with Jason about his latest book, Berkshire Beyond Buffett, and share some insights into why Warren Buffett is an incredibly successful man. Key Takeaways: 3:11 – Lawrence says if you sell a product that's useful to your customer, you'll develop a returning customer. It's just a better business model than selling products no one wants. 7:30 – It turns out Warren Buffett got his values from Tom Murphy. 11:40 – When Lawrence interviewed CEOs for his book, there was a common theme among them – they trusted their staff and didn't try to control everything. 14:45 – What are some of the myths about Buffett? Lawrence explains in this segment. 17:00 – Will Warren Buffett ever retire? 20:00 – Buffett's greatest achievement is that he has built a company that will outlast him when he leaves the company. 22:45 – Jason asked if Buffett's investments in wind and solar are a good idea and Lawrence think it is. 24:30 – Lawrence is excited for his upcoming Berkshire Beyond Buffett book tour. Mentioned In This Episode: http://berkshirebeyondbuffett.com/

Jeff Macke is the host of Breakout on Yahoo Finance and was an original cast member of CNBC's Fast Money. He is also the author of Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse, which he talks a little bit about on today's show. In this episode, you'll find Jeff and Jason addressing some Doomsday theories as well as talk about inflation and deflation in currency. Key Takeaways: 4:50 – Jason is staying at hotels for half of the price because he's been using services like Hotwire.com. 8:30 – People are having a hard time finding jobs. Investment bankers are becoming Uber drivers just to make some money. 11:45 – Jeff believes there are plenty of jobs available, just not jobs people want. Jeff says if you get a job you don't want now, it'll help provide you some money and help you work towards something you are passionate about. 13:00 – Jason is exciting about robotic technology and the self-driving car. 17:30 – Jeff is still nervous about the stock market. The stock market is doing better now, but it's still pretty unstable. 19:52 – Jeff is not sure if we're going to see a huge inflation in our money, but at the same time he doesn't see how the deflation outcome would work too. 22:00 – Jason believes it's important to prepare your money for both inflation/deflation scenarios. He explains how to do that in this segment. 24:30 - Never forget that economics is a social science Mentioned in this episode Clash of the Financial Pundits by Jeff Macke www.Hotwire.com www.Priceline.com www.Lyft.com www.Uber.com

Patrick Cox produces unbiased and independent research in the field of transformational technology. He has worked closely with Nobel Prize-winning scientists and economists along with having over 200 of his editorials appear on the Wall Street Journal, USA Today, and more. Patrick shares some insider science to Jason and his audience today and also talks about some very interesting medical advancements the media fails to report on. Key Takeaways: 4:35 – Conviction and convenience do not live together, so you have to separate yourself from convenience. 7:10 – If you have plans to do great things, you are bound to find some resistance from your friends and family. 10:00 – You can't get more in life until you are grateful for what you have today. 14:00 – Birmingham property tour is coming up and Meet the Masters event is coming up in January. 18:00 – There's a lot of exciting things going on in science, but you wouldn't know that because the media is very poor at reporting science. 20:10 – Social security is under estimating our life spans. In reality, people will be living a lot longer. 24:30 – The government is obsessed with not putting out a drug that may have side effects, which Patrick believes is absurd when so many lives are at stake. A possible cure with side effects is better than no cure when people are dying. 27:00 – The FDA has not adapted to the new model of how personalized medicine works. 30:10 – Scientists did tests on a chemical compound called anatabine and found it be the most effective anti-inflammatory agent ever discovered. 34:00 – There are a number of ways you can rejuvenate the heart muscles when they've been damaged. We thought for a long time that these could not be repaired at all. 39:00 – The Japanese are leading in rejuvenation medicine because they understand their citizens are getting older and fewer Japanese are being born. 42:15 – We have the tech crowd pushing against the roadblocks that cutting-edge medicine is facing. Mentioned In This Episode: http://www.jasonhartman.com/ http://www.patrickcoxdna.com/ https://www.mauldineconomics.com/

Senate Libertarian candidate, Sean Haugh, features as Jason’s guest on today’s American Monetary Association Show. Together, they discuss the viability of war, the need for America to prove itself as a haven of free trade and prosperity and some of the most important points forming the basis of Haugh’s upcoming campaign. Takeaways 02.06 – Surely we can’t go to war with anybody unless we have a direct congressional authorization? 07.55 – If we can reinstate America as a country of free trade and prosperity, we can give other countries reasons to work with us, not against us. 16.45 – With everything going on in the world, one of the most important things for us to do is work on empowering women. 23.20 – Being a Senator in the United States isn’t about having all of the answers – it’s about clearing the restrictions for the experts that do have the answers. 26.28 – Find out more about Sean Haugh by heading to www.SeanHaugh.com, Twitter: @EmperorSean or Facebook searching Haugh for Senate. You can also find his YouTube channel by just searching his name.

The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman invites Consuelo Mack of WealthTrack to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time. Takeaways 01.53 – If the New World Order really is the Old World Order, it means huge implications for America. 06.55 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world. 10.10 – China’s family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole. 14.40 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us? 18.35 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference. 23.13 – Alternative investments are looking like an interesting option, but we still need to clarify all the details. 24.40 – For archived interviews and more information, head to www.WealthTrack.com

Bill Cheney of John Hancock Financial guest stars on the American Monetary Association show today to talk about economics. Bill has been a chief economist for the company John Hancock well over the past 27 years and talks a little bit about his experience and where he sees the financial market in the future. Key Takeaways: 2:30 – The current unemployment rate is understated because many people have their own solo-gigs or unsteady work. 9:25 – What Bill is seeing in his surveys are that people are more likely to invest and feel less concerned about today's market. 12:58 – The stock market is not overvalued as long as company profits keep growing. 15:20 – Bill feels we are not a healthy economy yet, but we are a healing one. 21:00 – Over the years people have been able to buy more stuff, which is why inflation has been adjusted accordingly. 24:00 – The CPI is the best way to measure how much our lives have improved over the years. Mentioned In This Episode: http://americanmonetaryassociation.org/ http://jasonhartmanfoundation.org/ www.johnhancock.com/ The $100 Startup by Chris Guillebeau

In the today’s American Monetary Association Show, Jason Hartman speaks to author and former Department of Justice attorney, Sidney Powell. Together, they dive into some of the most scandalous and outrageous cases which have based through the Department of Justice in recent decades. Step-by-step, they overview several of the cases featured in Powell’s book Licensed to Lie: Exposing Corruption in the Department of Justice and consider the true state of our society. Takeaways 01.30 – Sidney Powell’s book, Licensed to Lie: Exposing Corruption in the Department of Justice, deals with some of the most scandalous and historic events to come out of the United States’ Department of Justice. 9.50 – Within the Merrill Lynch case, it got to the point where favourable statements were hidden for six years while four Merrill Lynch executives were sent to prison without even a listed criminal offence. 13.30 – Sometimes there are two sides to a story and you need to dig a little deeper to find out what really happened. 17.25 – You have to question when a judge says he’s never had such a fine person before him for sentencing, and then passes a sentence. 20.50 – www.pogo.org (Project on Government Oversight) has identified over 400 instances of misconduct by prosecutors in the last decade. 22.30 – Despite having a criminal conviction against his name a few days before the re-election, Ted Stevens only lost his place on the Senate by a few votes. 28.15 – The Bar associations are less than useless in these situations because they just give the same response. 32.30 – Judge Sullivan is turning around the Freedom of Information Act lawsuit against the IRS and doing his best to achieve a just result. 34.40 – There are too many aspects of the IRS case that just seem conveniently timed for it to be believable. 35.10 – Many of Sidney’s articles about these issues can be found at www.Observer.com 37.10 – If the IRS is being used to target political opponents, who gave that order? 39.15 – Information about the book and how to purchase it can be found at www.LicensedtoLie.com. Tweet Sidney using the handle @SidneyPowell1 and be sure to ‘like’ Licensed to Lie on Facebook. 0 0 1 344 1963 Podfly Productions LLC 16 4 2303 14.0 Normal 0 false false false EN-GB JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:Tahoma; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi; mso-ansi-language:EN-GB;}

Today’s American Monetary Association program features the founder and editor of Stray Reflections, Jawad Mian, as a guest. He and host, Jason Hartman discuss the current and potential state of Dubai and the rest of the United Arab Emirates before moving on to consider some of the biggest consumer investment issues facing today’s society and looking at the future of bitcoin. Key Takeaways 05.00 – A lot of the developments and changes happening to Dubai are to provide the desired lifestyle for the growing expatriate community there. 08.00 – Each of the Emirates in the UAE has different societal structures which lead to a different overall feeling of the country. 15.00 – Tourism remains one of the largest and most profitable industries in the Middle East. 17.20 – Transportation and particularly transportation of goods or consumer items is one of the biggest draws in oil reserves. 18.30 – In some ways, bit-coin seems attractive as an alternative currency, but the FBI and the IRS’s insistence that it is taxable property definitely alters some people’s view of it. 22.00 – The volatility of bitcoin as a prospective currency makes it particularly unattractive to merchants. 25.30 – The alleged main aim of bitcoin is to have an economy free from the government, but in the event of any incidents occurring, the only way they could get out from it is with government assistance. 0 0 1 231 1317 Podfly Productions LLC 10 3 1545 14.0 Normal 0 false false false EN-GB JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:Tahoma; mso-ansi-language:EN-GB;} 27.10 – For more information about investing strategies and themes, head to www.stray-reflections.com

J.D. Hayworth is a former Arizona Republican Congressman and host of "America's Forum" on Newxmax TV. Hayworth discusses why Bill Clinton's Presidency so corrupt and what this corruption means for Hillary's bid in 2016. Hayworth contested John McCain and did not win in 2010. He explains the biggest issues he had with McCain. Hayworth finally shares how he went from sports broadcaster to politician. J.D. Hayworth was a Representative from Arizona. Born in Highpoint, Guilford County, N.C., July 12, 1958, he graduated from High Point Central High School, Highpoint, N.C. and earned a B.A. from North Carolina State University in Raleigh. He's a former television and radio journalist, before being elected as a Republican to the One Hundred Fourth and five succeeding Congresses (January 3, 1995-January 3, 2007). He was an unsuccessful candidate for reelection to the One Hundred Tenth Congress in 2006.

Sam Carpenter author of, "Work the System: The Simple Mechanics of Making More and Working Less." He joins the show to discuss how can people make more money by working less. With a background in engineering, publishing, journalism and telecommunications, Sam is author of the book, "Work the System: The Simple Mechanics of Making More and Working Less," (2009, Greenleaf Book Group, www.workthesystem.com). He is also CEO and majority owner of Centratel (www.centratel.com), a national telephone answering service that he has operated for 28 years. Sam is founder and director of Kashmir Family Aid, a 501C3 non-profit aiding surviving school children of the Northern Pakistan and Azad Kashmir earthquake of October 2005 (www.kashmirfamily.org). Outside interests include mountaineering, skiing, cycling, reading, traveling. "Work the System" won the prestigious "Best Non-fiction" award at the New York Book Festival. The book is now in its third edition. Sam also owns a consulting firm and distributes an on-line product, The Work the System Academy (www.workthesystemacademy.com) Originally from upstate New York he lives in Bend, Oregon and Seattle, Washington with his wife Linda. Get "Work the System" at www.workthesystem.com. Visit the Work The System Academy at www.workthesystemacademy.com.

David Morgan is Publisher of The Morgan Report. He joins the show to discuss what's next for gold and silver after the FOMC's latest announcement and the news in Iraq. In the interview, Morgan shares whether investors should trust this metals rally. He explains why silver is a better currency and more ubiquitous than gold. Morgan then discusses how levered banks are and if financial institutions have learned anything from the 2008 crisis. Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals. David considers himself a big-picture macroeconomist whose main job as education—educating people about honest money and the benefits of a sound financial system—and his second job as teaching people to be patient and have conviction in their investment holdings. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author having penned "Get the Skinny on Silver Investing" available as an e-book or through Amazon.com. As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report and numerous other publications. Additionally, he provides the public a tremendous amount of information by radio and writes often in the public domain. Find out more about David Morgan and his work at www.silver-investor.com.

Matthew J. McGrath is the President and CEO of Optimize Capital Markets. He joins the show to discuss institutional crowdfunding and how the JOBS Act infringes on investors' protections rights. Optimize Capital Markets is Canada’s first and longest running internet-based institutional crowdfunding company. The company operates optimizecapitalmarkets.com, an online website where businesses can request to get financing from potential accredited investors and institutions. Optimize Capital Markets was founded in September 2009 by Matthew McGrath, a former vice-president of private client services at the Royal Bank of Canada. Visit Optimize Capital Markets at www.optimizecapitalmarkets.com.

Charles Goyette is the Host of "Ron Paul's America" radio show. He joins the podcast to give his dramatic solution to prevent the coming financial ruin. Goyette believes the longstanding practice of crony capitalism strangles our economy. He thinks we need to reign in overseas spending and end American interventionism. Goyette then explains whether it is fair for younger people to subsidize older people. New York Times bestselling author Charles Goyette spent many years as an award-winning and popular Phoenix radio personality. Admired for his "Fearless Talk Radio," Charles was named Best Phoenix Talk Show Host by the New Times. Because of his insistence on holding all poiticians - regardless of party - accountable to the same strict standards, Charles was widely known as “America’s Most Independent Talk Show Host.” His years of experience as a financial professional have served his listeners well as he sounded the alarm about the mortgage bubble well in advance of the calamity and described the consequences of the governments reckless economic behavior in his clear, easy to understand manner. Charles is no newcomer to the national economic debate. In fact, more than 25 years ago Charles arranged for a then little-known Texas Congressman named Ron Paul to be the keynote speaker at a series of monetary conferences he hosted. Goyette has often been called on to share his views with television audiences nationally on Fox News, CNN, MSNBC, PBS, CNBC and Fox Business Channel, including on the Glenn Beck Show and The O’Reilly Factor with Bill O’Reilly on Fox News; NOW with Bill Moyers on PBS; and on Lou Dobbs Tonight on CNN, where he repeatedly warned before the current turmoil the "economic calamity the Republicans and Democrats" were creating. He has written for a number of magazines including The American Conservative and Gannett magazines, and for LewRockwell.com, CNBC.com, WorldNetDaily.com, and TheStreet.com. Listen to "Ron Paul's America" at www.ronpaulsamerica.info.

John and Monica Miller are the authors of, "The Coming U.S. Banking 'Bail In.'" They join the show to discuss if it is true that in the U.S., Canada, New Zealand, and the EU, when you deposit funds in your bank account, the money belongs to the bank. They share what first world "Triple A" countries are not part of this bank money grabbing initiative. The Millers definte what a "bail in" is and answer whether the FDIC program offsets a "bail in." They also describe the process of sending money overseas to avoid a "bail in." They then talk about the U.S. banking system and how Americans can side-step the "bail in" problems. Find out more about John and Monica Miller at http://www.banking-holiday.com. John and Monica Miller, formerly of Hawaii and now residents of New Zealand, believe that Australia offers some of the best financial conditions in the free world. The Country is debt-free and the wealth is staggering. It is a resource based economy that is still prospering. Therefore, before capital controls and retirement account seizure takes place, this is certainly a place that should be considered when trying to internationalize assets. And while they drive on the wrong side of the road, the weather is quite nice, and there are some incredible beaches and cities.

The 3D Printing Revolution is about to transform our lives. While traditional laser and inkjet printers only make marks on paper, 3D printers build up solid objects in a great many very thin layers. Already pioneers are 3D Printing production tools, prototypes, jewelry, sunglasses, works of art, toys and vehicle parts. But this is just the beginning, with digital manufacturing destined to change how we create, transport and store a great many things. Within a decade, some products may be downloaded from the Internet for printout in store or even at home. Already DIY enthusiasts are building their own 3D printers, while consumer models for the rest of us are just starting to arrive. Meanwhile doctors are learning how to 3D print kidneys and other replacement human organs. In this book, futurist Christopher Barnatt explains how 3D Printing works, overviews the 3D Printing Industry, interviews some of its pioneers, and highlights how 3D Printing may help to save the planet. Also included is an extensive glossary of 3D printing terminology and a 3D printing directory. Christopher Barnatt's 2012 book, 25 Things You Need to Know About the Future, was reviewed by The Futurist as "an exciting, yet realistic and believable, vision", and by New Scientist as "a worthwhile read for anyone curious to know what may await us".

Phaedra Fisher visited Russia back in 1994, and witnessed the privatization and inflation firsthand. Her book, Vodka Diplomacy, explains her experience and life in Russia as several events unfolded.

Farnoosh Torabi is host of “Financially Fit” on Yahoo! Finance. She joins the show to discuss why credit is such an important focus for Americans right now. Torabi shares the top misconceptions about credit and the top mistakes people make when it comes to understanding their credit standing. She then answers the following questions: - What are some signs that forebode that you'll be broke in ten years? - What aspects of our life is impacted by our credit history? - What can consumers do to improve their credit standing? - What are some free resources to help simulate, track, manage and build good credit? Torabi then talks about the new "Sharing Economy" and how it's changing the way we travel, consume and live. She also explains how one can know if he or she is getting a good deal on their mortgage. Watch Farnoosh Torabi at www.farnoosh.tv.

Rodney Johnson is President and Editor of Dent Research. He joins the show to explain why gold will fall below $800. Johnson then discusses whether the US economy is slowing. He also shares how investors can build streams of income instead of relying on equity markets. Visit Dent Research at www.dentresearch.com. Rodney Johnson works closely with Harry Dent to study how people spend their money as they go through predictable stages of life, how that spending drives our economy and how you can use this information to invest successfully in any market. Rodney began his career in financial services on Wall Street in the 1980s with Thomson McKinnon and then Prudential Securities. He started working on projects with Harry in the mid-1990s. He’s a regular guest on several radio programs such as America’s Wealth Management, Savvy Investor Radio, and has been featured on CNBC, Fox News and Fox Business’s “America’s Nightly Scorecard, where he discusses economic trends ranging from the price of oil to the direction of the U.S. economy. He holds degrees from Georgetown University and Southern Methodist University.

Matt Schifrin is the Vice President at Forbes Publishing and Managing Editor of Investing for Forbes Media. He joins the show to give us his tips for investing in 2014. Schifrin shares one investment to avoid at all costs and the best ways to get rich. He explains why Wells Fargo is so great and whether Apple investors should reinvest their dividends. Find out more about Matt Schifrin at www.mattschifrin.com. Read Schifrin's work at blogs.forbes.com.

Chuck Gallagher is the Chief Operating Officer at American Funeral Financial and Founder and CEO at Ethics Resource Group. He's the author of "SECOND CHANCES: Transforming Adversity into Opportunity." Chuck is a Prostate Cancer Survivor. He discusses the emotional journey from diagnosis to treatment and what happens after the treatment is over and how the side effects changed his life. The topic then shifts to politics as Chuck discusses whether the government shutdown was ethical. Find out more about Chuck Gallagher at www.chuckgallagher.com.

Chris Mayer is the Managing Editor of Agora Financial and Editor of the Capital and Crisis publication. Mayer breaks down the unemployment numbers for us and whether it is actually getting better. He then discusses the benefits of traveling around the world to get an investment story. Given the instability in the emerging markets, Mayer assesses whether this is the beginning of the next global financial storm. Chris has prepared a SPECIAL video for our listeners. He shares SEVEN incredibly safe stocks that you should buy now. Chris believes these stocks will multiply your wealth 20 times over. Visit www.GrowYourWealth.info to find out what these companies are. That's www.GrowYourWealth.info.

Tom Dyson is the Publisher of Common Sense Publishing, which owns The Palm Beach Letter. Common Sense is one of the fastest growing investment newsletters in the world. Dyson joins the show to discuss what he looks at when picking stocks, including what every good company needs to have over the long term. Dyson then shares his thoughts on why he thinks whole life insurance with paid up additions policies are great investments. The topics then turn to lifestyle, as Dyson discusses ways to cut down stress and lose weight. Dyson has prepared a SPECIAL video for all listeners. He shares where bankers and the rich keep their money and why they do it. Visit www.palmbeachletter3.com to find out for more .

Tim Sullivan is the Chief Executive Officer of MicroVentures. He joins the show to discuss how early-stage funding has changed from the 90's to today. He also explains the differences between angel investors and VCs. Sullivan then digs deep into the JOBS Act and how the SEC is regulating it. Sullivan's firm, MicroVentures, is the biggest crowdfunding platform. It's done about $40 million in deals with companies that have become big, like Facebook, Palantir, and Twitter. Sullivan shares his strategy in finding such companies. Sullivan finishes the interview by talking about whether Twitter's current valuation is fair. Visit MicroVentures at www.microventures.com.

A national leader in bringing transparency to government spending, Adam Andrzejewski, (Angie-f-ski) the eldest of seven children, was born in rural Herscher, IL-- a hardworking small town, and family farm community. After working his way through Northern Illinois University, Adam and his brother successfully built a $20 million dollar business which employed 160. Today, HomePages® is the nation’s largest publisher of community telephone directories. Selling his share of the business to his brother in 2007, Adam began to focus on a life of public service. In 2010, Adam ran for Governor of Illinois in the Republican primary. Adam was proud to be endorsed by Nobel Peace Prize winner and Solidarity founder Lech Walesa, among others. Adam promised he would post “every dime online in real time.” Despite a close loss on Election Day, Adam founded OpenTheBooks.com to fulfill his campaign pledge. Today, OpenTheBooks.com contains over 300 million lines of government spending with the goal of acquiring 1 billion lines within the year. Currently posted is nearly all disclosed federal checkbook vendor spending since 2000; 2.5 million federal employee salaries with five year salary histories; 40/50 states checkbook vendor spending; 31/50 states with public salaries and/or pensions; and all federal campaign donations since 1979. On May 29, 2013, Andrzejewski’s editorial was published in The Wall Street Journal, “Track Government Spending on Your Phone.” The editorial showcased our first-to-market technology enabling taxpayers to search federal spending by ZIP code. Thereafter, the Open The Books app ranked as high as 3rd in Apple’s The App Store. In September 2013, John Stossel’s Special- Innovation Nation on the FOX News Channel featured a segment on OpenTheBooks.com. In the week following the show, 80,000 people rendered 750,000 pageviews on the website & mobile app. Adam is happily married to his wife Kerry and the proud father of three beautiful little girls. He is an avid runner, having run the Chicago Marathon on four occasions. Adam is a lector at St. Isaac Jogues Catholic Church in Hinsdale, IL.

Lowell Ponte is the co-author of the new book, "The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends." Ponte joins the show to discuss how dishonest Obamacare is and whether Obama should be penalized for such an Act. Ponte also shares his predictions for 2014. Find out more about Lowell Ponte's previous book, "The Inflation Deception," at www.inflationdeception.com. Lowell Ponte's diverse background includes being a reporter in Washington, D.C., a legislative aide in the California Assembly, one of two co-owners of a successful Hollywood public relations firm, a consultant and speaker for various corporations and trade associations, and dean of a distance-learning university. He worked for 15 years as a roving editor for Reader’s Digest magazine. He has done reporting in 33 countries, from Indonesia and Israel to Communist Cuba. His articles have appeared in The New York Times, Wall Street Journal, Los Angeles Times and many other publications. Ponte, a native of Southern California, hosted radio talk shows in Los Angeles for 17 years. More than 300 radio stations have carried his nationally syndicated radio shows. On television, Ponte worked for four years as commentator and reporter on KCET-TV, the West Coast Production Center of the Public Broadcasting Service (PBS) in Los Angeles. Ponte is author of "The Cooling" (Prentice-Hall), a prophetic investigation of global climate change and environmental modification warfare that has been used as a textbook at the U.S. military’s National Defense College. He is a former futurist for a Pentagon-consulted think tank, where he developed scenarios for exotic kinds of warfare and high-tech terrorism. Ponte, who holds the equivalent of a master's degree in international relations and a Ph.D. in English, also is founder and President of several organizations, including the Jefferson’s Birthday Committee dedicated to making Thomas Jefferson’s April 13 birthday a “National Holiday for Taxpayers.” He and his wife, Ellen, a screenwriter and veteran script analyst for several major Hollywood studios, live at the beach in Southern California.

Jack Gerard is the CEO of the American Petroleum Institute. He joins the podcast to discuss the economic impacts of the predicted capital investments in oil and natural gas. He also gives his outlook on the oil & gas industry in 2014 and beyond. Gerard explains how the latest oil numbers affect jobs. He dissects whether the Obama energy agenda is that of "command and control", and if the U.S. is becoming self-reliant? Gerard finally addresses the myths about prices at the pump being controlled by market factors out of the oil industry's control. Find out more about the American Petroleum Institute at www.api.org. Jack N. Gerard is president and CEO of the American Petroleum Institute, the national trade association that represents all aspects of America’s oil and natural gas industry. Gerard has led API since November 2008, expanding its membership and influence in all 50 states and globally, adding offices in Dubai and Singapore to its operations in Beijing, enabling API to better inform the public and policymakers on important energy issues. API's Washington presence is the foundation for the oil and natural gas industry's advocacy and outreach at state, federal and global levels on public policy, standards and certification programs, and as the source for information on industry best practices. Gerard is recognized by numerous publications and his peers as one of Washington's most influential advocates. Washington Life magazine named him one of the city's "Power 100" and a Fortune magazine profile said Gerard's effort to build a 50-state advocacy network for the oil and natural gas industry was "showing signs of success" through its outreach to workers and non-traditional allies. Prior to joining API, Gerard served as president and CEO of the American Chemistry Council, and earlier held the same position at the National Mining Association. Gerard also spent close to a decade working in the U.S. Senate and House. He came to Washington in 1981, and worked for Rep. George Hansen. He also worked for Sen. James A. McClure, who chaired the U.S. Senate Energy and Natural Resources Committee. Sen. McClure retired in 1990, and Gerard joined him in founding McClure, Gerard & Neuenschwander, Inc., a Washington, D.C.-based government relations consulting firm. Gerard served as Chairman and Chief Executive officer and focused on issues such as international sports, telecommunications, energy and mining. He serves as a board member and is a past chairman of the National Capital Area Council - Boy Scouts of America, is a board member and former chair of The George Washington University's Graduate School of Political Management, is chairman of the board of directors for the Congressional Coalition on Adoption Institute, and is a member of the Conservation Fund's Corporate Council. As the industry's national trade association, API has over 500 members. They range from the largest major oil company to the smallest of independents and represent all segments of the industry. Gerard was born and grew up in Idaho. He holds a Bachelor of Arts in Political Science and a Juris Doctor from George Washington University. Gerard lives in Virginia with his wife, Claudette, and their eight children, including twin boys the family adopted from Guatemala.

Mark Langerman is the Managing Director of the Patriot Fund and CEO of the Empowerment Financial Group. He joins the podcast to discuss some household items that are helping the State fund terrorism. He also explains what Terror-Free Investment (TFI) vehicles are and how investors can invest terror free. Langerman also believes American people need to do their part to punish companies that are willing to help Iran’s economy. he sees Iran having major threats against the US and the world. Visit the Patriot Fund at www.patriotfund.com. Find out more about the Empowerment Financial Group at www.empfg.com.

Mary Mazzio is an award-winning documentary film director, Olympian, and former law firm partner. She's also the Founder and CEO of 50 Eggs, Inc. and director of the new documentary, "Contrarian." Mazzio's new film, "Contrarian," chronicles the life of philanthropist and legendary investor, Sir John Templeton. Mazzio explains Templeton's investment philosophies and he influenced Warren Buffett. The film is narrated by former Senator Fred Thompson. Mazzio explains his involvement. John Templeton was also one of the first to begin investing in advancing spirituality. Templeton also funded research in the concepts around love and forgiveness. Find out more about the film, "Contrarian," at www.tennesseecontrarian.com. Visit 50 Eggs, Inc. at www.50eggs.com.

"The Cow Guy" Scott Shellady is the Senior Vice President of Derivatives at the Trean Group. He joins the show to discuss where people should start when investing in tangible assets. Shellady believes in SWAGER for investing, standing for Silver, Wine, Art, Gold, Energy and Real Estate. He thinks SWAGER investments are a good choice for current investors. The topic then shifts to how boomers can prepare for retirement. Shellady explains the most common mistakes baby boomers make with their finances and what they do if they were laid off or fired during the recession to protect their retirement. Visit the Trean Group at www.treangroup.com.

John J. Murphy is an award-winning author, speaker, business consultant, and “zentrepreneur”. He's the author of, "ZENTREPRENEUR: A Culture of Innovation and Fearlessness." Murphy joins the show to explain what people can do to combine the power and discipline of Zen thinking with the execution of business and entrepreneurship. Murphy believes people can capture good ideas and turn them into great results using kaizen. He explains how they can build trust and develop positive relationships with the gemba method.

Jeffrey Hirsch is President of The Stock Trader's Almanac, Chief Market Strategist of Magnet Æ Fund, and President of the Hirsch Organization. He's the author of "The Little Book of Stock Market Cycles" and "Stock Trader's Almanac 2014. Hirsch tells us if we can expect a Santa Clause rally at the end of the year. He also explains whether the market is oversold. He shares how traders can navigate political gridlock in 2014 and the effects the mid-term elections will have on the markets. Finally, Hirsch gives his predictions on the Fed's moves for 2014. Visit the Stock Trader's Almanac at www.stocktradersalmanac.com. Find out more about Jeffrey Hirsch at www.hirschorg.com.

Jim Bruce is the writer, director, and producer of "Money for Nothing: Inside the Federal Reserve." He tells Jason some of the mysterious workings of the U.S. Federal Reserve. Janet Yellen is featured prominently in the film. Bruce shares his thoughts on her becoming the next Chair. He also discusses why he was so hard on Bernanke. For more information on "Money for Nothing," visit www.moneyfornothingthemovie.org.

Kevin Armstrong is the former Chairman of the ANZ Group's Regional Investment Committee and former chief investment officer for ANZ Group's private bank. He's the author of, "BULLS, BIRDIES, BOGEYS & BEARS: The Remarkable & Revealing Relationship Between Golf & Investment Markets." Armstrong explains how the rises and falls in the fortunes of professional golfers, and the emergence and decline of major stars such as Jack Nicklaus and Tiger Woods, reflected the ebb and flow of the stock market. The answer provides a unique and powerful connection between golf and investment markets. The ‘pulses’ of two totally separate activities, golf and investing, have been so synchronized and connected, not just in modern times, but throughout history, and in a manner not found in any other sport?

Brandon Adams is a Teaching Fellow at Harvard and world champion poker player. He recently released, "Setting Sun: The End of U.S. Economic Dominance." Brandon uses statistics to answer what tattoos, obesity, and America’s shrinking attention span have to do with our growing national debt. He also tells us why the financial choices all Americans make in the next five years will be critical to America’s survival. Poker and economics have lots in common, and Brandon explains why he wrote a book on America’s financial collapse. College graduate at the age of 19, with two Master’s (Finance & Real Estate). Brandon is now working towards his doctorate at Harvard Business School. he is also the of a poker novel called "Broke."

Ed D’Agostino is the GM of the Hard Assets Alliance and Publisher of Mauldin Economics. He joins the show to discuss the impacts he's seeing given recent developments in the buying and selling of gold and silver. Despite the bear market in precious metals, demand for physical is still incredibly strong. Ed breaks down the difference between the paper and physical metals markets and talks about premiums for metals in this turbulent market. The Hard Assets Alliance is one of the few vendors that is able to control premiums from skyrocketing. D'Agostino began his career in finance at a boutique investment house and later joined his largest client as Vice President of Business Development. In this capacity, Ed directed strategic growth initiatives while providing investment analysis and advisory services to the company’s principals. Prior to joining Mauldin Economics, Ed was Managing Director at a consultancy focused on business development in the financial sector. He has been instrumental in the start-up and expansion of several businesses. Ed’s clients, including hedge funds, lenders, and investment publishers, relied on him to recruit and mentor analysts, develop controls and systems, and implement growth strategies. In early 2012, Ed consulted with John Mauldin to develop the business plan for Mauldin Economics, and subsequently joined the company to build a strong editorial, research and analytical team. Ed and the growing team of analysts and financial editors at Mauldin Economics share a single-minded purpose—to produce the highest quality investment publications in the industry. Find out more about the Hard Assets Alliance at www.hardassetsalliance.com. Visit Mauldin Economics at www.mauldineconomics.com.

Lewis Schiff is the Executive Director of the Inc. Business Owners Council and author of, "Business Brilliant: Surprising Lessons from the Greatest Self-Made Business Icons." Yahoo CEO Marissa Meyer recently laid down the jackhammer: all her employees must now report to the office... no more working at home. Schiff discusses this debatable cultural phenomena. He also breaks down entrepreneurship and how important ideas are to entrepreneurial success. Apparently, doing what you "love" will not necessarily give you the best return. Lewis Schiff is the chairman and executive director of Inc. Business Owners Council. His new book, Business Brilliant: Surprising Lessons from the Greatest Self-Made Business Icons, was released in March, 2013. His new book, as well as his previous books, The Influence of Affluence and The Armchair Millionaire are based on research on best practices of high net worth and high-performing households. Visit Lewis Schiff's website at www.lewisschiff.com/. Check out Inc.'s Business Owners Council at www.inc.com/.

Joe Peta is the author of, "Trading Bases, A Story About Wall Street, Gambling, and Baseball. He was a fifteen-year all-star Wall Street veteran trader, but decided to give up that lifestyle. Instead, he chose to improve on Moneyball's famed sabermetrics to place bets that would beat Vegas odds on Major League Baseball games. He ended up making a 41% profit over the 2011 season. Peta shares his strategies with Jason. He believes there is a far greater chance of making money betting on baseball than on football or basketball. Peta also talks about the influences Bill James and Nate Silver had on him and his work. On the financial side, Peta explains Dick Fuld's rough charm as CEO of Lehman Brothers. As a former Lehman employee, he think the U.S. should have rescued Lehman. Now, it looks like Las Vegas should turn to Wall Street for ideas on ways to increase interest, traffic, and, ultimately, bets in their sports books. Raised in West Chester, PA by a first generation Italian-American father who adopted baseball as a symbol of his love of America, Joe Peta quickly learned the joy of following the sport --- and the pain of being a 1970s-era Phillies fan. By the time he was a teenager, Joe felt certain that his heroes Mike Schmidt, Larry Bowa, Steve Carlton, et al would one day be his co-workers. While his father instilled a love of baseball in him, sadly, Joe inherited his mother’s throwing arm, so by the time he was in college he turned his career ambitions toward the glamorous and fast-paced life of a Certified Public Accountant. His new heroes were men like Bill James and Warren Buffett and Joe parlayed his love of numbers into an MBA from Stanford University. Even in business school, sports were never far from his mind. At Stanford, Joe penned columns in The Stanford Daily and The Reporter that earned him a following in spite of the constant references to Melrose Place, and his turning down the opportunity to interview campus golfer Tiger Woods to fruitlessly pursue an interview with Olympic Gold Medal winning swimmer Summer Sanders. In 2011, while recovering from a massive leg injury which curtailed his trading career on Wall Street, Joe began writing Trading Bases, A Story About Wall Street, Gambling, and Baseball. Joe lives in San Francisco with his wife and two daughters.

Jason speaks with Tres Knippa about Japan's looming debt and how to potentially profit from it. Learn more about Tes at www.shortjapandebt.com.

Rohan Mathew is the Founder of The Intersect Fund, which is a non-profit organization that helps low-income people get the financial help, training, mentorship and more to turn aspirations into real businesses. Rohan shares some of his success stories that stem from a big boom in micro-entrepreneurship. A small micro loan help turn a worker into a boss. Rohan assesses the state of entrepreneurship and its outlook for 2013 and also gives his tips for building a business from the ground up. Visit The Intersect Fund at www.intersectfund.org/.

Robert Greene is probably the most famous author on power and strategy. His new book is titled Mastery. Greene explains what can we learn from the lives and philosophies of historical figures like Sun Tzu and Napoleon. He also explains the best way to manipulate someone. Through a mastery of subject, Greene believes everyone is capable of professional transcendence. He also wrote a book with the rapper 50 Cent and thinks there is a lot to learn from the hood life. Find out more about Robert Greene at www.powerseductionandwar.com.

Jason talks with financial expert Logan Mohtashami regarding the massive student loan debt problem and how students can make smarter decisions. They also discuss where the economy is going. Logan Mohtashami is a senior loan manager at his family-run mortgage company, AMC Lending Group, which has been providing mortgage services for California residents since 1987. He has been an active trader in the stock market since 1996. His other passion is our political system in this country. Logan is also a financial columnist for Benzinga.com and his goal in his blog is to do what he can to provide readers with real time truthful information on the housing sector and finance.

Jason Hartman is joined by author, Scott Patterson to discuss high frequency trading, of which roughly 70 percent is driven by computers. Scott says the firms using artificial intelligence for high-speed trading make it nearly impossible for the little guy to compete in the markets. According to his book, Dark Pools, these robot systems trade in milliseconds. High frequency firms flood the market with buy and sell orders, effectively clogging up the system and posing a threat to other firms. For more details, listen at: www.JasonHartman.com. While this electronic exchange made the system more effective, one has to wonder if this trading style hasn’t become detrimental to the markets overall when trading successfully is defined by milliseconds. Scott coined the term “A.I. Bandits” to describe electronic high frequency trading. Scott also discusses the history of quant strategies based on his book, The Quants, a mathematical scientific approach to outsmarting Wall Street, which led to the recent financial crash. He calls the quant system “a classic tale of hubris.” Scott Patterson is author of The Quants and his new release, Dark Pools, and is currently a reporter for The Wall Street Journal, where he covers financial regulation from Washington, D.C. He has also written for the New York Times, Rolling Stone and Mother Earth News. He has a Masters of Arts degree from James Madison University. He lives in Alexandria, Virginia.

Jason Hartman interviews Keith Fitz-Gerald, the Chairman of The Fitz-Gerald Group and Chief Investment Strategist at Money Map Press. More at: http://www.jasonhartman.com. A bestselling financial author, Keith's investment perspective is a daily feature for more than 500,000 Money Morning subscribers in 35 countries. A frequent commentator for financial news outlets including Fox Business, Bloomberg, CNBC Asia, Cavuto, Varney & Company, BNN, MarketWatch, and others, Keith Fitz-Gerald is among an elite handful of world-recognized experts on global investing. Keith tours constantly on the financial lecture circuit alongside other legendary investor analysts including Jim Rogers, Steve Forbes, and Dr. Mark Faber and was lauded as a "Business Visionary" on the recent Forbes.com list. His engaging style and remarkable predictive record resonates with his audiences in North America, Europe, and Asia; investors and business leaders eager for Keith's insights into how colossal global economic, social, and political trends are disrupting the paradigms of the last 50 years to create the most extraordinary investment opportunities of our lifetimes. The investment community praised Keith's recent book Fiscal Hangover (Wiley) as "Essential reading for every serious investor" and "A brilliant, spirited explanation of the origins of the current mess and more importantly how you can cleverly turn the chaos to your advantage.". His upcoming book Tomorrow (Sutton Hart 2012) spotlights today's global trends and offers a roadmap for business leaders and investors to profitably navigate the turbulent waters of unprecedented global change.

Jason Hartman is joined by contributing author for GoldMoney.com, Alasdair MacLeod for a rousing discussion of the decline of the European economy, the mistakes of the European Central Bank and EU, and how “governments are eating their own children.” Alasdair makes a rather accurate comparison between the fall of Rome and the current economic disaster around the world, calling it the Nero influence. Governments continue to spend money and introduce new taxes that are detrimental to the people they serve. The ECB is now lowering collateral standards as they run out of quality collateral, such as taking on mortgage-backed securities, in exchange for helping banks and governments. For more details, listen at: www.JasonHartman.com. Alasdair said the real problem among Greece, Spain, Italy and other countries in crisis is that they are broke, yet they continue to meet to discuss increasing spending to build infrastructure and creating token taxes. Governments the world round are in a debt trap, including the U.S. Alasdair feels there is only one way to defer the imminent fall and that is for the Central Banks to come together and put into play quantitative easing. Governments would then need to seriously cut their excessive, wasteful spending.

Jason Hartman hosts an interesting interview with Professor Laurence Kotlikoff, author of The Clash of Generations: Saving Ourselves, Our Kids, Our Economy, regarding the problems with the economy and the effect that the astronomical national debt and government spending will have on generations to come. Listen at: www.JasonHartman.com. Professor Kotlikoff paints a picture of the magnitude of these issues very clearly, explaining that the fiscal gap is $211 trillion. He explains that we would have to raise every federal tax immediately and permanently by 64 percent or cut all non-interest spending by the government (Medicare, Social Security, defense spending, etc) by 40 percent. “The country is broke, totally broke,” says Professor Kotlikoff. He emphasizes that this applies to today, not 75 years down the road. Jason and Professor Kotlikoff also discuss why the 2007 quadrupled money base through money printing hasn’t hit the streets yet in the form of hyperinflation. Essentially, banks are being bribed to hold money reserves by the Fed. In simplistic terms, the Federal Reserve prints the money, lends it out at very low interest rates to the banks, and then the banks deposit it back with the Federal Reserve and get a higher interest rate. This makes banks more solvent over time without the public ever knowing what is going on. Professor Kotlikoff also talks about a proposal to fix the financial system, which he refers to as a fragile system, presently a “trust me” banking system where the public is unaware of what the banks are doing with their money.Laurence J. Kotlikoff is a William Fairfield Warren Professor at Boston University, a Professor of Economics at Boston University, a Fellow of the American Academy of Arts and Sciences, a Fellow of the Econometric Society, a Research Associate of the National Bureau of Economic Research, President of Economic Security Planning, Inc., a company specializing in financial planning software, a frequent columnist for Bloomberg and Forbes, and a blogger for The Economist and The Huffington Post. Professor Kotlikoff received his B.A. in Economics from the University of Pennsylvania in 1973 and his Ph.D. in Economics from Harvard University in 1977. From 1977 through 1983 he served on the faculties of economics of the University of California, Los Angeles and Yale University. In 1981-82 Professor Kotlikoff was a Senior Economist with the President's Council of Economic Advisers.Professor Kotlikoff is author or co-author of15 books and hundreds of professional journal articles. His most recent books are The Clash of Generations (co-authored with Scott Burns, MIT Press), Jimmy Stewart Is Dead (John Wiley & Sons), Spend ‘Til the End, (co-authored with Scott Burns, Simon & Schuster), The Healthcare Fix (MIT Press), and The Coming Generational Storm (co-authored with Scott Burns, MIT Press).Professor Kotlikoff publishes extensively in newspapers, and magazines on issues of financial reform, personal finance, taxes, Social Security, healthcare, deficits, generational accounting, pensions, saving, and insurance. Professor Kotlikoff has served as a consultant to the International Monetary Fund, the World Bank, the Harvard Institute for International Development, the Organization for Economic Cooperation and Development, the Swedish Ministry of Finance, the Norwegian Ministry of Finance, the Bank of Italy, the Bank of Japan, the Bank of England, the Government of Russia, the Government of Ukraine, the Government of Bolivia, the Government of Bulgaria, the Treasury of New Zealand, the Office of Management and Budget, the U.S. Department of Education, the U.S. Department of Labor, the Joint Committee on Taxation, The Commonwealth of Massachusetts, The American Council of Life Insurance, Merrill Lynch, Fidelity Investments, AT&T, AON Corp., and other major U.S. corporations. He has provided expert testimony on numerous occasions to committees of Congress including the Senate Finance Committee, the House Ways and Means Committee, and the Joint Economic Committee.

Jason Hartman and returning guest, Dan Amerman discuss federal policies and interest rates, which hurts the savers and fixed income folks. The artificially low interest rates are not working and create higher prices through inflation. Listen at:www.JasonHartman.com. They also discuss inflation rates, in which the federal numbers are glossed over and do not match true inflation as experienced by the American citizens through food, fuel, and utilities. Manufacturers hide inflation by making products smaller. Jason and Dan then talk about rental housing and how to arbitrage the inflation. Dan explains how to turn the fed policies around to our advantage. It starts with understanding cash flow investing and setting your safety margin. When looking at cash flows, rather than being all about the price, it’s more about the interest rate when it comes to a mortgage. In the process of creating non-free-market interest rates for banks and for the federal government, the federal government has accidentally made available subsidized mortgage rates that are available if you can get the lending. It goes directly to your bottom line as the investor, resulting in much higher cash flows than you would see in a free market.Dan and Jason illustrate how the sharp decline in housing costs and the interest rate levels causes the floor to drop out and provides an unprecedented opportunity to obtain mortgages and have inflation pay them off. While rates have been dropping, rents have been going up, thus making real estate investing even more profitable and sensible.Daniel R. Amerman is a Chartered Financial Analyst with MBA and BSBA degrees in finance. He is a financial author and speaker with over 25 years of professional experience. Years of studying the costs of paying for over $100 trillion of US government retirement promises, as well as the costs of cashing out an expected $44 trillion of Boomer pensions and retirement accounts, have convinced him that too many promises and too much paper wealth chasing too few real resources will likely lead to substantial inflation in the years ahead, with potentially devastating implications for many savers and investors, a problem that will also apply to many other nations.Mr. Amerman spent much of the 1980s as an investment banker helping Savings & Loans and others try to survive the effects of the last major bout of inflation in the United States. There is a basic economics principle that much of the public is unaware of – inflation doesn't directly destroy the real wealth of goods and services, but rather, redistributes the rights to that real wealth (a principle which unfortunately will likely destroy much of the investment wealth the Boomers plan on enjoying in retirement). The author worked with the effects of billions of dollars of such wealth redistributions, and saw how there was not only a loser for each dollar of wealth redistributed – but a winner.

We are all confused about economic indicators and it’s critical that we understand the real figures, the direction of the economy, interest rates and their consequences, and much more. On this episode, Jason Hartman interviews Bernie Baumohl, author of Secrets of Economic Indicators, in regard to the numerous economic indicators and what is most useful. Bernie explains what a “business cycle” is and what happens during the cycle, how it comes full circle over time. For more details, listen at: www.JasonHartman.com. Bernie gives examples of stress points in the business cycle. People make mistakes, such as buying more inventory than they need or the economy can’t handle the demand of the people. More recently, we have seen longer periods of economic growth, but at a closer look, the mistakes that caused the worst economic crisis since the Great Depression are apparent. It was a “cauldron of fraud and wrecklessness,” says Bernie. Jason and Bernie touch on the subject of the Federal Reserve and the Gold Standard, citing what has been happening in Greece as an example of the limitations of a currency that is fixed and unmovable. Bernie feels that a country in economic trouble needs to have the flexibility to lower interest rates. They also discuss market sensitivity, the index, and the source of the leading market indicators. Bernard Baumohl is chief global economist at The Economic Outlook Group. He is well known for being ahead of the curve in assessing the direction of the U.S. and world economy. Mr. Baumohl began his career as an analyst with the Council on Foreign Relations, a think tank specializing on international affairs. He later served as an economist at European American Bank with responsibilities to monitor the global economy and develop forecasts. Mr. Baumohl was also an award-winning reporter with TIME magazine who covered the White House, Federal Reserve and Wall Street. Apart from his role as chief global economist, Mr. Baumohl also teaches at the New York Institute of Finance and is a regular commentator on Public Television's Nightly Business Report. A sought after international speaker, Mr. Baumohl has been recognized for his forecasting accuracy. He has lectured at New York University and Duke University, and is often cited in the Wall Street Journal, Washington Post, New York Times, Business Week, Barron's, and the Financial Times. Mr. Baumohl is author of The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities (Wharton School Publishing, 2nd edition). The best-selling book is winner of the Readers Preference Editor's Choice Award for Finance and has been translated into several languages, including Russian and Chinese. He is also a recipient of the John Hancock Award for Excellence in Financial Journalism, and is a member of the National Association for Business Economics and the American Economic Association. Mr. Baumohl holds an M.A. from Columbia University.

Jason Hartman is joined on this episode by Greg Farrell, author of Crash of the Titans: Greed, Hubris, The Fall of Merrill Lynch, and the Near Collapse of Bank of America, for a discussion of the economic crash and the resulting bailouts, as well as some of the inside dealings with some of the major banks, such as the buyouts by Bank of America. Greg explains how these banks that participated in the buyouts grossly underestimated the depth of problems in their own banks and in those they acquired. Listen at:www.JasonHartman.com. Greg relates his research on Merrill Lynch’s attempt in the 1980s to become more like Goldman Sachs and other Wall Street banks, which was to their detriment because they lacked the expertise for such business practices, and became involved in and in the middle of many of the scandals of the late ‘80s and early ‘90s. Like CitiGroup, they were in over their head. Jason and Greg discuss Wall Street in general and then specific financial groups regarding the recklessness and risky businesses, funds, etc, that they entertained to give the impression of higher rates of returns. As the plot unfolded, large bonuses to CEOs and high-producing brokers came into play, which encouraged an all or nothing attitude toward the company and fostered a “me” attitude versus long-term stability of the company. Greg also talks about what he calls the “Charlotte Mafia,” the clash of company cultures. Greg Farrell is a correspondent for the Financial Times. In January 2009, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, in December, even though Merrill was in the process of losing $28 billion for the year, and Bank of America needed an extra $20 billion in taxpayer funds to complete its acquisition of the firm. That story sparked an investigation by New York attorney general Andrew Cuomo. Greg is a past winner of the American Business Press’s Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism. He earned a BA from Harvard University and an MBA from the Graduate School of Business at Columbia University.

Jason Hartman interviews returning guest and founder and CEO, Harry Dent, Jr., of HS Dent, an economic think tank and research company, about the next coming crash. For more details, listen at: www.JasonHartman.com. Mr. Dent accurately predicted the boom of the 1990s, which was contrary to what many other forecasters predicted. He explains why America is on a path to the next Great Depression through its mounting debt to boost the economy. He talks about how the U.S. creates bubble after bubble in all areas, such as the housing bubble, the gold and silver bubble, the commodity bubble, etc. Trillions of dollars in stimulus money has poured forth from the government, along with the lowering of interest rates, thereby inciting inflation that will continue to grow with the current system of bailouts and lack of lending. He also discusses the peaks and deflation of spending with the switch between the Baby Boomer and current generations, and how this will affect America's economic future. Mr. Dent also paints the dark picture of China’s future, where they are overbuilding just to keep their workers employed, which will become a worldwide crisis when their building bubble bursts. Jason and Mr. Dent talk about the condition of other countries and how everything interplays to lead to the next crash that Mr. Dent forecasts. He suggests some strategies for investors and what people might expect. Using exciting new research developed from years of hands-on business experience, Harry S. Dent, Jr. offers a refreshingly positive and understandable view of the economic future. As a bestselling author on economics, Mr. Dent is the developer of The Dent Method - an economic forecasting approach based on changes in demographic trends. In all of his past books since 1989, Dent saw an end to the Baby Boom spending cycle around the end of this decade. In his book, The Great Depression Ahead, (Free Press, 2009), Harry Dent outlined how this next great downturn is likely to unfold in three stages, with an interim boom stage between 2012 and 2017 before the long-term slowdown finally turns into the next global boom in the early 2020s. He continued to educate audiences about his predictions for the next and possibly last great bull market, from late 2005 into early to mid 2010. Since 1992 he has authored two consecutive best sellers, The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In his latest book, The Next Great Bubble Boom, he offers a comprehensive forecast for the next two decades and explains how fundamental trends suggest strong growth ahead, followed by a longer-term economic contraction. Mr. Dent also publishes the HS Dent Forecast newsletter, which offers current analysis of economic and financial market trends.