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    Ep. 594 Dear Socialists, Do You Have a Heart?

    enNovember 20, 2017
    What incident involved UCLA basketball players in China?
    How did the media portray Trump's involvement in the release?
    What did the speaker criticize about the housing program?
    How has the economic climate changed under Trump?
    What example illustrates stability in a free market society?

    Podcast Summary

    • UCLA Basketball Players' Release and Media SpinMedia twisted UCLA basketball players' release story into a negative narrative against President Trump, despite players' gratitude and Trump's involvement in their release.

      The story of UCLA basketball players getting into trouble in China and the subsequent involvement of President Trump in their release has been spun by the media into a negative narrative against Trump. Despite the players expressing gratitude for the President's intervention, their father publicly criticized Trump, leading to accusations from the media that Trump took undue credit for their release. The incident highlights the politically charged environment in which the President operates and the media's tendency to twist stories to fit their narratives.

    • Media bias in Trump's handling of basketball players' releaseCriticism towards media's double standard in reporting on Trump vs. Obama's handling of similar situations and the importance of seeking credible sources of information.

      The discussion revolves around the criticism towards President Trump for his response after securing the release of three American basketball players from China who had admitted to committing a crime. The father of one of the players attacked Trump, leading to a heated exchange between the two. The media's portrayal of the situation was also criticized for being biased, with a double standard being applied to Obama's handling of a similar situation. The speaker expresses frustration towards the media's handling of the story and calls it "disgusting" and "filthy," urging people to seek credible sources of information. Another topic touched upon is the attack on Senator Rand Paul by his neighbor and the media's portrayal of the story as a dispute over lawn clippings, despite the neighbor's political affiliations. Overall, the discussion highlights the perceived bias in media coverage and the importance of seeking reliable sources of information.

    • Teaching children a lesson through consequencesRespond to children's wrongdoings with lessons, love, and forgiveness. Maintain good indoor air quality for better health.

      As a parent, dealing with your child's wrongdoings can be a challenging situation. When faced with such a situation, it's important to respond in a way that teaches them a lesson while also showing them love and forgiveness. In the discussed scenario, the father's initial reaction was to punish his son for stealing, but he also made it clear that he forgave him. He took away his allowance, grounded him, and canceled their planned trip, but he didn't press charges. The father's response was not about defending his son or attacking anyone else, but about teaching his son a valuable lesson about the consequences of his actions. Another important takeaway from the discussion was the importance of maintaining good indoor air quality. The speaker shared his personal experience of having horrendous allergies in his home due to poor air quality and how FilterBuy helped him improve it. The Americans spend 90% of their time indoors, and the air inside can contain up to 100 times greater pollution levels than outside. Changing air filters regularly is an essential step in maintaining good indoor air quality and overall health. FilterBuy, the sponsor of the show, was praised for their high-quality filters, fast shipping, and affordability.

    • The Human Cost of Socialism in VenezuelaVenezuela's socialist policies have resulted in mass starvation, death, and physical pain, raising questions about the human cost of such systems.

      The implementation of socialism in Venezuela has led to devastating consequences, including mass starvation and death. Speaker Dan Oakley urges listeners to share a thought-provoking article by journalist Maria Grady about the situation in Venezuela, where residents are experiencing physical pain due to lack of food and children are dying from hunger. Socialism is defined as government control of the means of production and the economy. The speaker asks listeners to consider the human cost of socialist policies and questions whether those who support socialism believe the suffering is a mistake unique to that system.

    • Socialism's unintended consequencesSocialism's price controls and government intervention can lead to corruption, black markets, and quality control issues, causing economic problems like hyperinflation and food shortages, resulting in massive suffering and death.

      Socialism, despite the ideal of equality for all, often leads to corruption, decreased supply, black markets, and quality control issues due to price controls and government intervention in the economy. These issues can result in massive economic problems such as hyperinflation and food shortages. The speaker argues that socialist regimes, like those in Cuba and Venezuela, have a history of causing massive death and starvation due to these economic issues. He encourages people to consider the real-world consequences of socialism and question their beliefs if they have never experienced it firsthand.

    • Economic Collapse due to Overproduction and Price ControlsOverproduction and price controls can lead to an economic collapse, causing severe shortages, hardships, and potentially dangerous consequences for populations. It's essential to consider the real-world impacts of economic ideologies and seek reliable information.

      Overproduction and price controls in an economy, as seen in the example of Venezuela, can lead to a collapse of the currency and a severe shortage of essential goods. This can result in extreme hardships for the population, including starvation and even imprisonment for those who speak out against the regime. It's important to remember that the ideology of socialism, which advocates for government control of the economy, can have devastating real-world consequences. It's crucial to do your own research and not rely solely on the opinions of those who have not experienced the effects of such economic systems firsthand. Additionally, iTarget, the sponsor of the show, offers valuable resources for those interested in marksmanship and firearms training. Regular practice and dedication are essential for mastering the skill of accurate shooting.

    • Improve marksmanship skills and learn new tech alternativesPractice marksmanship at home with iTargetPro laser bullet system, and be cautious with cryptocurrency investments, understanding potential risks and volatility.

      There are alternative ways to improve marksmanship skills and learn new technologies without necessarily having to physically go to a range or invest large sums of money. For instance, the iTargetPro laser bullet system allows gun owners to practice at home without the need for expensive range fees or specialized firearms. Additionally, Bitcoin and other cryptocurrencies can be seen as a form of currency or value exchange, and potential investors should be cautious and fully understand that they are investing in the currency itself, not just the underlying technology. The value of Bitcoin and other cryptocurrencies can be volatile, and investors should be prepared for potential significant losses. It's important to do thorough research and consider seeking financial advice before making any investment decisions.

    • Considering the premium for security in cryptocurrenciesInvestors should weigh potential risks and rewards before investing in cryptocurrencies, considering the premium for security and the evolving technology. Practical use and economic conditions should also be considered.

      While Bitcoin and other cryptocurrencies offer potential security and diversification in a portfolio, investors should carefully consider the premium they're paying for that security. The technology behind these currencies, such as blockchain, is rapidly evolving and could potentially become obsolete. On the other hand, the economy is showing signs of growth, with optimistic predictions for potential tax cuts and regulatory reform. Ultimately, it's important for investors to weigh the potential risks and rewards before making any significant investments. Additionally, the value of Bitcoin may not always make practical sense for everyday purchases due to its liquidity. Overall, approach investments with caution and thorough research.

    • Shift from anti-business climate to business growth under TrumpUnder Trump, economic growth increased to 3%, predicted to reach 3.5%, leading to potential wage increases and increased competition for labor.

      Under President Trump's leadership, the economic environment has shifted from the generally anti-business climate set during the Obama administration to one that fosters business growth and confidence. This shift is reflected in the current 3% growth rate and the predicted 3.5% growth rate for the next quarter. This growth means increased competition for labor, leading to potential wage increases for workers. The economic improvement is in contrast to the current crisis in Venezuela, which highlights the destructive power of socialism. Despite some skepticism, the speaker is optimistic about the economic prospects for 2018 and encourages Republicans to pass the tax cut plan to ensure continued growth. Turkey demand in the United States, which has doubled since the 1980s and remained stable, serves as an example of the stability and growth possible in a relatively free market society.

    • Socialist vs Capitalist Approaches to Food AccessSocialist systems may lead to starvation, poverty, and increased food prices, while capitalism can result in affordability and greater accessibility.

      Socialist governments may face food demand increases due to population growth, but the implementation of such systems can lead to starvation, poverty, and increased prices for essentials like food. Meanwhile, capitalism, as shown in the example of the United States and the affordability of turkey, can result in decreased prices and greater accessibility to necessities. Additionally, the removal of state and local tax exemptions in the tax code can disproportionately impact high-tax states, leading to reevaluations of tax policies by liberal lawmakers.

    • Blue state residents reconsider tax hikes due to loss of state and local tax deductionsBlue state residents may save from burdensome tax increases due to the elimination of state and local tax deductions, but spirituality and religion discussions on the speaker's show may not be suitable for all.

      The elimination of state and local tax deductions is forcing blue state residents to reevaluate their tax hikes as they will now have to consider the actual cost to their citizens, not just the difference after the deductions. This change could potentially save blue state residents from burdensome tax increases. Additionally, the speaker emphasized that his discussions on spirituality and religion are non-negotiable parts of his show and may not be suitable for everyone. Furthermore, he criticized a liberal housing program, the Low Income Housing Credit, for only providing one-third of the benefits to tenants, with the remaining two-thirds going to developers.

    • Two-thirds of Low Income Housing Tax Credit funds go to non-tenantsThe US Low Income Housing Tax Credit program results in a decrease in the number of affordable homes for low-income individuals due to excessive funding going to banks, developers, and accountants.

      The Low Income Housing Tax Credit program in the US results in only a third of the funds going to tenants, while two-thirds go to banks, developers, and accountants. This means that the production of low-income housing through this program is offset by a decrease in the number of unsubsidized low-income homes. The speaker, who appreciates the intentions of Housing and Urban Development Secretary Ben Carson, urges the government to get out of the housing business due to the negative impact this has on the availability of affordable housing for low-income individuals. The speaker encourages listeners to visit pongino.com, subscribe to his email list, and engage in conversation.

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