Creating Wealth Real Estate Investing with Jason Hartman (Podcast)

Craig R. Smith is the Chairman of Swiss America and author of, "The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends. He joins the show to give good examples of progressives today. 

 

Smith explains how important the next Election cycle is to the future of the world. He thinks this can be the end of Progressivism if the Democrats keep getting their way. 

 

The conversation then shifts to how American citizens can decentralize and diversify their lives to survive and prosper. Smith shares some ways that people can protect themselves and their families in today's shaky, vulnerable economy. 

 

Find out more about Craig Smith at www.craigrsmith.com. Buy gold from him at www.buygold.com.

Direct download: CW_369_-__The_Great_Withdrawal__with_Craig_R._Smith.mp3
Category:Podcast -- posted at: 12:24pm EDT

Po Bronson is a former Silicon Valley journalist for TIME, the New York Times, and Wired. He was the creator of the $treet, a television show on FOX that starred Jennifer Connelly, and author of "TOP DOG: The Science of Winning and Losing."

 

Bronson tries to distill why Wall Street promotes male analysts, even though women do a better job. He shares his intuitions on how a woman will be successful in business. 

 

Bronson then tries to answer these quirky business-related questions:

 

- Why is home field advantage just as relevant in diplomacy and deal-making as it is in sports?

- How can the shape of entrepreneurs' hands be just as revealing as their business plans?

- What does Italy's domination of the packaging business have in common with the Harvard-Yale football rivalry?

 

The conversation then finishes with sociology as Bronson helps explain why younger siblings are more competitive than first-borns. He thinks that parents praising their children affects their competitiveness.

 

Find out more about Po Bronson at www.pobronson.com.

 

Po Bronson has built a career both as a successful novelist and as a prominent writer of narrative nonfiction. He has published six books, and he has written for television, magazines, and newspapers, including The New York Times and The Wall Street Journal, and for National Public Radio's Morning Edition.  

 

Po Bronson's book of social documentary, "What Should I Do With My Life?", was a #1 New York Times bestseller and remained in the Top 10 for nine months. His first novel, "Bombardiers," was a #1 bestseller in the United Kingdom. His books have been translated into 19 languages. 

Direct download: CW_368_-_The_Science_of_Winning_and_Losing_with_Po_Bronson.mp3
Category:Podcast -- posted at: 7:00am EDT

In this episode, you'll hear from one of our CPA's that spoke at the January 2014 Meet The Masters event.

Direct download: cw-367-MikeMurphy.mp3
Category:Podcast -- posted at: 7:00am EDT

Join Jason Hartman as he discusses opening the books on government spending and things, like geography, age, pedigree, etc. that are less meaningful than ever before in history. All of these items have broad implications economically, socially and for real estate investors.

 

Did you know that there are over 3,000 the look bureaucrats in Illinois who earn more than every single governor in the United States? Some of these government officials are on the take with over 25 buckets of income funded by taxpayers. As Jason talks with the founder of www.OpenThe Books.com you will learn about the largest exposé ever on government spending with over one billion line items of government tracked and accounted for in detail. Adam Andrzejewski helps us find every dime of government spending as we need a nationwide rallying cry for transparency in government.

Direct download: cw-366-AdamAndrzejewski.mp3
Category:Podcast -- posted at: 3:16pm EDT

Tom is an internationally acclaimed Internet Marketing expert and full time professional speaker. He has been featured on major news media worldwide including the Canadian Broadcast Network, The Australian Broadcast Network, Associated Press, The Tokyo Today Show. His resume also boasts hundreds of radio, television and print appearances throughout the United States.

 

Tom will tell you that he is no "techie," but has a very simple "Three Prong Attack" on Internet marketing, which is extremely simple and easy to understand. He teaches consistent high profit / low overhead Internet sales techniques that have made him an Internet Multi Millionaire in a very short period of time.

 

Currently Tom has taken on the role of consumer advocate where he has a Television show and Documentary in development to try to clean up the seminar industry where unsavory seminar speakers are pilfering people for enormous amounts of money. http://www.SeminarScammers.com 

 

Also White Wing Entertainment is in production of a documentary about Tom's life called "The American Entrepreneur". 

 

Tom can be found online at http://antion.com

Direct download: cw-365-TomAntion.mp3
Category:Podcast -- posted at: 11:52am EDT

Join Jason Hartman as he discusses cash flow, real appreciation and geographic diversification as it applies to his, not Albert Einstein's, theory of real estate relativity. You'll hear a valuable comparison of a typical Santa Ana, California property with a Birmingham, Alabama and an Atlanta, Georgia property. How do they stack up? Jason will lead you through an in-depth look at rent-to-value ratios (RV Ratio), historical appreciation rates of linear and cyclical markets, as well as hybrid linear/cyclical markets. This comparison may surprise you in several ways. What's better A $455,000 house that rents for $2,500 per month to six people? Or several $52,000 houses that rent for $700 per month? The same concept can be applied to large multi family apartment complexes and across every geographic market or metropolitan statistical area (MSA). 

 

Next up, Jason talks to one of his lenders about reverse mortgages, a growing trend with broader implications on the real estate market and the economy as a whole. Learn www.JasonHartman.com in the blog, property and member sections.

Direct download: cw-364-ReverseMortgages.mp3
Category:Podcast -- posted at: 2:47pm EDT

"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.

Direct download: cw-363-ScottShellady.mp3
Category:Podcast -- posted at: 6:58pm EDT

Jason Hartman discusses the possibility of dollar collapse, USA reserve currency loss and compares investment returns in good old dependable single family home with larger apartment/multi-family investments. This is a recent interview from the Financial Survival Network. 

Direct download: cw-362-KerryLutz.mp3
Category:Podcast -- posted at: 11:36am EDT

Listen in as Jason Hartman discusses The Next 10 Commandments of Successful Investing. This keynote speech was taped live at the opening of our 2013 Meet the Masters of Income Property Investing Event at the Hyatt Regency in Irvine, California. With all deference to the Big Guy upstairs, when it comes to income property investing, Jason Hartman realized that 10 commandments simply isn’t enough to cover such an important topic. Not when creating financial independence is at stake.

 

In order to get the most out of the critical wealth creation information provided in this podcast, it might help some listeners to quickly review Jason’s original 10 Commandments of Successful Investing:

 

1. Thou shalt become educated: Knowledge is a powerful tool. Do your due diligence and become your own best advisor.

 

2. Thou shalt have a professional investment counselor: Only invest with investment professionals who stay with you for the long term. Advisors should buy for themselves what they sell, putting their money where their mouth is, and get paid for producing results rather than simply for advice.

 

3. Thou shalt maintain control: Never leave your financial future in the hands of incompetent, unethical, or greedy brokerage houses, fund managers or corporations. Always be a direct investor.

 

4. Thou shalt use prudent financial planning techniques: Always invest with your goals in mind (retirement, financial freedom, creating wealth) and abide by your risk tolerance and investing style.

 

5. Thou shalt not gamble: Be a prudent, long-term value investor, never a get-rich-quick gambler, speculator, or flipper. Invest only in properties that make good financial sense the day you buy them.

 

6. Thou shalt diversify: reduce risk and maximize returns by investing in several areas, as every market is different.

 

7. Thou shalt be Area Agnostic™: Only invest with an advisor who is not partial to any one area or investment to avoid a conflict of interest. Don’t fall in love with your home geographical area!

 

8. Thou shalt borrow to maximize leverage and accelerate wealth creation: Use as much borrowed money and as little of your own money as possible as long as the borrowed money can be repaid by the tenant. Let other people’s money work for you, reduce your risk, and make you wealthy.

 

9. Thou shalt only invest where there is universal need: No one needs stocks, bonds, or gold but everyone needs a place to live, and with growing affluence around the world, consumption of raw materials will continue to cause upward price pressure on improved real estate.

 

10. Thou shalt invest only in tax-favored assets: Non-cash write-offs and deductions are money in your pocket and income property offers the best of both.

Direct download: cw-361-Next10Commandmentsa.mp3
Category:Podcast -- posted at: 1:40pm EDT

Dr. Kelly McGonigal is a health psychologist at Stanford University and author of, "THE WILLPOWER INSTINCT: How Self-Control Works, Why It Matters, and What You Can Do To Get More of It." 

 

Dr. McGonigal teaches one of the most popular courses at Stanford University called, “The Science of Willpower.” She has helped hundreds of students achieve their goals through the idea of willpower. She believes stress should be welcomed in people's lives, thus causing greater willpower.

 

Dr. McGonigal breaks down the science behind why we give in to temptation and how we can find the strength to resist.

 

Find out more about Dr. Kelly McGonigal at kellymcgonigal.com.

 

Kelly McGonigal, PhD, is a health psychologist and lecturer at Stanford University, and a leading expert in the new field of “science-help.” She is passionate about translating cutting-edge research from psychology, neuroscience, and medicine into practical strategies for health, happiness, and personal success.  

 

Her most recent book, The Willpower Instinct: How Self-Control Works, Why It Matters, and What You Can Do to Get More of It (Penguin 2012), explores the latest research on motivation, temptation, and procrastination, as well as what it takes to transform habits, persevere at challenges, and make a successful change. Her audio series The Neuroscience of Change (Sounds True 2012) weaves the newest findings of science with Eastern contemplative wisdom to give listeners a revolutionary process for personal transformation. She is also the author of Yoga for Pain Relief: Simple Practices to Calm Your Mind and Heal Your Pain (New Harbinger, 2009), which translates recent advances in neuroscience and medicine into mind-body strategies for relieving chronic pain, stress, depression, and anxiety.  

 

She teaches for a wide range of programs at Stanford University, including the Stanford Center for Compassion and Altruism Research and Education, the Graduate School of Business, and the School of Medicine’s Health Improvement Program. She has received a number of teaching awards for her undergraduate psychology courses, including Stanford University’s highest teaching honor, the Walter J. Gores award. Her popular public courses through Stanford’s Continuing Studies program—including the Science of Willpower and the Science of Compassion—demonstrate the applications of psychological science to personal health and happiness, as well as organizational success and social change. Through a wide range of conferences, workshops, university-affiliated programs, and consulting, Dr. McGonigal also provides continuing education and training to executives, teachers, healthcare providers, and other professionals.  

 

Her psychology research (on compassion, mindfulness, and emotion regulation) has been published in The Journal of Personality and Social Psychology, Motivation and Emotion, The International Journal of Psychiatry in Medicine, and The Journal of Happiness Studies. From 2005-2012, Dr. McGonigal served as the Editor in Chief of the International Journal of Yoga Therapy, a peer-reviewed journal of mind-body research, healthcare policy, and clinical practice. A long-time practitioner of yoga and meditation, Dr. McGonigal is a founding member of the Yoga Service Council and serves on the advisory boards of several non-profit organizations bringing yoga and meditation to underserved and at-risk populations, including Yoga Bear (providing yoga in hospitals nationwide and to cancer survivors and their caregivers) and The Art of Yoga Project (brining yoga into juvenile detention facilities in the San Francisco Bay Area).  

 

Dr. McGonigal’s work has been covered widely by the media, including the CBS Evening News, U.S. News and World Report,CNN.com, O! The Oprah Magazine, Time magazine, USA Today, and the American Psychological Association’s Monitor on Psychology. She is also a frequent source of expert advice and commentary for media outlets such as the New York Times, the Washington Post, the Los Angeles Times, MSNBC.com, Web MD, Time, Fitness, Women’s Health, and more. In 2010, Forbes named her one of the 20 most inspiring women to follow on Twitter. In 2012, she teamed up with the Oprah Winfrey Network and Superbetter Labs to create an online game that would spread the benefits of gratitude to millions of people worldwide.  

 

Dr. McGonigal received her PhD in psychology from Stanford University, with a concentration in humanistic medicine. She received a B.A. in Psychology and a B.S. in Mass Communication from Boston University.  

 

She is also passionate about the benefits of physical exercise and has been certified as a group fitness instructor since 2000. In her free time, she continues to teach group fitness classes – because sometimes moving, breathing, and sweating is the best thing you can do to create health, joy, and resilience.

Direct download: cw-360-KellyMcGonigal.mp3
Category:Podcast -- posted at: 5:03pm EDT

Jason talks with Sara about the Meet the Masters weekend event. Next, Jason interviews Ken Wilson.

 

Ken Wilson is President of the Appraisal Institute. He joins the show to discuss what the Appraisal Institute has done to help appraisers analyze market trends and value. 

 

The topic then shifts to real estate, where Wilson explain different market types and how one can analyze market cycles.

 

Visit the Appraisal Institute at www.appraisalinstitute.org.

 

Ken P. Wilson, MAI, SRA, of Plano, Texas, is the 2014 president of the Appraisal Institute. He was the organization’s president-elect in 2013. He will serve as immediate past president in 2015. He serves this year as chair of the organization’s Executive Committee and chairs its policy-setting Board of Directors.

 

Wilson has been involved in the real estate appraisal profession for 35 years. Following a 12-year career with two national appraisal firms, he started his own valuation and consultation firm, Wilson Realty Advisors, based in Dallas.

Direct download: cw-359-KenWilson.mp3
Category:Podcast -- posted at: 5:42pm EDT

Bill Ayers is the co-founder of the Weather Underground and founder of the Small Schools Workshop and the Center for Youth and Society. He's the author of the new book, "PUBLIC ENEMY: Confessions of an American Dissident."

 

Ayers joins the show to discuss how we can rebuild inner city public school. He proposes an Occupy Our Schools movement to get government to put more resources into lower education. 

 

Ayers has been a controversial figure for most of his life. He explains why he was denied emeritus status at University of Illinois at Chicago. He's very well-connected in the Chicago and talks about the continuing gun violence despite more gun control laws.

 

Ayers finishes the interview talking about President Obama, his relationship with him, and why he doesn't support him.

 

Find out more about Bill Ayers at www.billayers.org.

 
Direct download: cw-358-BillAyers.mp3
Category:Podcast -- posted at: 4:40pm EDT

Join Jason Hartman on Episode #359 of The Creating Wealth Show as he visits with Noam Chomsky, one of the best known philosophical voices of our time. The left-leaning Chomsky aligns himself ideologically with the anarcho-syndicalism and libertarian-socialism movements. Often referred to as the “Father of Modern Linguistics,” Mr. Chomsky is the author of more than 100 books and has spent most of his career at the Massachusetts Institute of Technology (MIT), where he is currently Professor Emeritus. In a 2005 poll he was voted the “World’s Top Public Intellectual.”

 

If you’re wondering exactly what those high-falutin’ words mean about Mr. Chomsky’s beliefs, here are the short versions.

 

Anarcho-syndicalism: The end goal of anarcho-syndicalism is to abolish the wage system, regarding it as a form of slavery. With a focus on the labour movement, this ideological philosophy advocates direct action rather than intervention of third parties like politicians, bureaucrats, and arbitrators. Adherents to this belief regard the state as a profoundly anti-worker institution, but also don’t believe there can ever be any kind of workers’ state because power always corrupts. If this sounds like an anarchist’s way of thinking, it is.

 

Libertarian-socialism: Chomsky’s basic belief in anarchism is further found in the libertarian-socialism ideal that it is necessary to abolish the authoritarian institutions that control the means of production, thus subordinating the majority to the will of the owning class or political or economic elite. The ultimate goal here is a decentralized form of direct democracy of the kind found in citizens’ assemblies, trade unions, or workers’ councils.

 

Whether you agree or disagree with the man’s point of view is beside the point. A conversation with Noam Chomsky is enlightening and disturbing at the same time. What cannot be denied is the man’s global influence over the past six decades. Ladies and gentleman, you’re in for a treat. Pull up a chair, grab a beverage, and lend your ear to one of the true philosophical giants of our time.

 

Links:

Noam Chomsky’s Website (http://www.chomsky.info/)

Wikipedia entry (http://en.wikipedia.org/wiki/Noam_Chomsky)

Direct download: cw-357-NoamChomsky.mp3
Category:Podcast -- posted at: 12:29pm EDT

Famed liberal-turned-libertarian journalist, John Stossel, is Jason Hartman's guest on The Creating Wealth Show, Episode #356. The interview opens on the topic of Stossel's third book, "No, They Can't: Why Government Fails - But Individuals Succeed." From there, Jason and John embark upon a no holds barred barred back and forth about a variety of current political topics

John Stossel has been the Host of "Stossel," seen Thursdays at 9 p.m. ET on the Fox Business Network (FBN) since 2009. This weekly program covers current consumer issues with Stossel's trademark libertarian viewpoint. He can also be seen as a regular guest on the Fox News Network, which is FBN's flagship station and the current #1 Cable News network in the U.S.

Direct download: cw-356-JohnStossel.mp3
Category:Podcast -- posted at: 11:33am EDT

Jason talks with Jeff Desich, who is the CEO of Equity Trust, about how to use your self-direct IRA. Jeff's company specializes in helping clients setup their self-direct IRA, as well as maintain it.

Direct download: cw-355-JeffDesich.mp3
Category:Podcast -- posted at: 7:00am EDT

Join host Jason Hartman and, not one, but TWO special guests on episode #354 of The Creating Wealth Show. First up is Jason’s mom, who returns to the show for the third time (by popular demand) to discuss the idea of grit when it comes to life in general and income property investing in specific. The question they bat around is “What makes for a successful property investor and successful human being, and what does grit mean anyway?” You won’t want to miss her story about a recent eviction she undertook on a California property tenant, nor how her life’s passion of living in a mansion with columns came to pass.

 

Following his mom’s segment, Jason welcomes credit repair expert, Steve Paige, to the telephone. Steve has logged almost three decades in the trenches in helping consumers understand the fact, fiction, and misconceptions that abound in the credit report score industry. Steve is, by far, the nation's leading credit pathologist. He founded three of the nation's largest credit repair firms and, in the process, revolutionized the approach to consumer credit issues by focusing on re-scoring techniques rather than credit report manipulation and repair, the results of which produce far greater benefits— for less money.

 

Listen in as Steve explodes some of the myths that could be decimating your ability to obtain a loan right now.

 

In This Episode (with Jason’s mom):

  • How Jason’s mom used grit to get rid of all her property managers and do the work herself
  • The quick and easy way to evict a tenant in California  
  • The danger of finding success too early in life
  • The TED video that exposes the truth about IQ and learning

 

In This Episode (with Steve Paige):

  • Why you should cover your wallet and run from a credit repair company that wants to write letters to bureaus on your behalf
  • The RIGHT way to get your annual credit reports
  • How to make the credit bureaus respond to your challenges
  • Only 2% of the general public can name this
  • How banks and credit card companies are exploiting you
  • The one critical website to know for credit repair
Direct download: cw-354-StevePaige.mp3
Category:Podcast -- posted at: 4:29pm EDT

John McAfee is in the news, as he is trying to create an NSA-proof gadget used for private internet browsing, called "Decentral." [read more] McAfee, original creator of McAfee Antivirus software was born in the United Kingdom and raised in Salem, Virginia, United States

 

McAfee was employed as a programmer by NASA's Institute for Space Studies in New York City from 1968 to 1970. From there he went to Univac as a software designer and later to Xerox. as an operating system architect. In 1978 he joined Computer Sciences Corporation as a software consultant. Later, while employed by Lockheed in the 1980s, McAfee received a copy of the Pakistani Brain computer virus and began developing software to combat viruses.

 

In 1987 McAfee founded McAfee Associates, a computer anti-virus company. He was the first to distribute anti-virus software using the shareware business model. In 1989, he quit Lockheed and began working full-time at McAfee Associates, which he initially operated from his home in Santa Clara, California.The company was incorporated in Delaware in 1992, and McAfee resigned from the company in 1994. Two years after McAfee Associates went public, McAfee sold his remaining stake in the company.

 

Network Associates was formed in 1997 as a merger of McAfee Associates and Network General. This company later became Network Associates, a name it retained for seven years until it was renamed McAfee. Now a subsidiary of Intel corporation, McAfee remains today as one of the largest anti-virus companies in the world.

 

Other business ventures that he founded included Tribal Voice, which developed one of the first instant messaging programs, PowWow. In 2000, John McAfee invested in and joined the board of directors of Zone Labs, makers of firewall software, prior to its acquisition by Check Point Software in 2003.

 

In August 2009, The New York Times reported that McAfee's personal fortune had declined to $4 million from a peak of $100 million, the effect of the global financial crisis and recession on his investments.

Beginning in February 2010, McAfee started a new venture in the field of bacterial quorum sensing. His company QuorumEx has its headquarters in Belize and is working towards producing commercial all natural antibiotics based on anti-quorum sensing technology. In 2013 McAfee started a new company, Future Tense Central, to produce a secure computer network device called the D-Central.

Direct download: cw-353-JohnMcAfee.mp3
Category:Podcast -- posted at: 2:35pm EDT

Harry Dent is Editor of the FREE newsletter "Survive and Prosper." His most recent book entitled "The Great Depression Ahead" explains "The Perfect Storm" as peak oil prices collide with peaking generational spending trends by 2010. More importantly, he shows how the economy’s life cycle will affect life, business, and investment strategies throughout a person’s lifetime, including career opportunities and children’s educational costs. 

 

Get more of Harry Dent 6 days a week for free here. Find out more about Harry Dent at www.harrydent.com.

Direct download: cw-352-HarryDent.mp3
Category:Podcast -- posted at: 10:55am EDT

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? 

Direct download: cw-351-KevinArmstrong.mp3
Category:Podcast -- posted at: 8:40pm EDT

On this 10th show, Jason Hartman interviews author and leadership expert, Doug Conant on the topic of leadership models. In Doug’s book, Touch Points: Creating Powerful Leadership Connections in the Smallest of Moments, co-authored with Mette Norgaard, the small daily interactions that many view as interruptions are described as the greatest leadership opportunities in business, or touch points. These moments can be used as a method to promote the company’s values, purposes and agenda, while bringing about higher employee engagement and winning in the marketplace through improved growth. Touch points involve using the head, heart and hands to connect with and transform employees through listening, understanding and helping people advance their interactions in a significantly more effective way. Doug explains the “contribution profile,” which is asking, “How can I help?”  Listen at:  www.JasonHartman.com/podcast for details.

 

Practitioner Douglas R. Conant delivers a critical and transformative message for today’s times: Anyone, anywhere, can expand their influence and improve their results. Appointed President and CEO of Campbell Soup Company in 2001, he was the 11th leader in this iconic company’s 140-year history. Under Conant’s leadership, Campbell reversed a precipitous decline in market value and employee engagement — with much recognition since, including the prestigious 2010 Catalyst Award.

 

A key driver is Campbell’s success model: Winning in the workplace, winning in the marketplace, and winning in the community and doing it all with integrity. Conant joined the company with 25 years of experience with three of the world’s top food companies — General Mills, Kraft, and Nabisco. A native of Chicago, he earned his BA degree from Northwestern and his NBA from the Kellogg School of Management. Conant’s new book with co-author Mette Norgaard, available now, is TouchPoints: Creating Powerful Leadership Connections in the Smallest of Moments (Jossey-Bass). More on TouchPoints and leadership models can be found atwww.conantleadership.com.

Direct download: cw-350-DougConant.mp3
Category:Podcast -- posted at: 7:00am EDT

Everte Farnell is President at 9 World's Publishing, Inc. and a freelance copywriter. He joins the show to share some secrets to copywriting and whether success within the publishing industry is dependent solely on copywriting.

 

He also tells us about the hedge fund advertising regulations and whether hedge fund advertising makes it easier to defraud the public.

 

Find out more about Everte Farnell at www.evertefarnell.com.

Direct download: cw-349-EverteFarnell.mp3
Category:Podcast -- posted at: 9:41pm EDT

Jonathan Bender is a former NBA player turned serial entrepreneur, having founded The Jonathan Bender Foundation. He joins the podcast to tell us about his different businesses and their models. 

 

Bender also explains what got him interested in making money on his own through hard work, which required a different skill-set from sports. He describes how athletics can translate to power in business and how ordinary people can launch second careers.

 

Bender is one of the rare social entrepreneurs who makes money and does good at the same time. He explains this new practice and how it's a win-win situation for all.

 

Find out more about Jonathan Bender at www.jonathanbender.com. Visit the Jonathan Bender Foundation atwww.thejonathanbenderfoundation.org.

 

Direct download: cw-348-JonathanBender.mp3
Category:Podcast -- posted at: 4:02pm EDT

Nick Bilton is the New York Times technology and business columnist and lead reporter for the Bits Blog. He's the author of, "Hatching Twitter: A True Story of Money, Power, Friendship and Betrayal."

 

Bilton tells us about the betrayed friendships and high-stakes power struggles as Twitter's four founders—Biz Stone, Evan Williams, Jack Dorsey, and Noah Glass—went from everyday engineers to overnight celebrities. 

 

He explains the zeitgeist and global influence of Twitter, which has been used to help overthrow governments in the Middle East and disrupt the very fabric of the way people communicate. 

 

He also shares a story of Al Gore getting drunk and trying to buy Twitter in 2009. 

 

Given Twitter's recent IPO, Bilton describes how effective Twitter really is in marketing, branding, and sales conversion.

 

Find out more about Nick Bilton at www.nickbilton.com.

Direct download: cw-347-NickBilton.mp3
Category:Podcast -- posted at: 11:58am EDT

On this show, Jason and Steve discuss property pricing, how to avoid bad areas, and a market update.

Direct download: cw-346-JasonandSteve.mp3
Category:Podcast -- posted at: 11:22am EDT

Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam. She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.

 

In 1999 Karen reported the corrupt take-over of the second largest bank in the Philippines. The Bank’s Country Director in the Philippines reassigned Karen when she asked him to sign a letter warning the Philippines’ government that the Bank could not disburse its loan. Two days after informing the Board’s Audit Committee of the cover-up in the Philippines, Karen was reprimanded and placed on probation. The Chair of the World Bank’s Audit Committee requested an inquiry into the World Bank’s Institutional Integrity Department. The Senate Committee on Foreign Relations followed up with three letters to the World Bank. The World Bank forged documents and fired Karen in contempt of Congress.

 

In 2007 Karen advised the US Treasury Department and US Congress that the US would lose its right to appoint the President of the World Bank if the current American President of the World Bank did not play by the rules. The 66 year old Gentlemen’s Agreement that Europe would appoint the Managing Director of the IMF and US would appoint the World Bank President ended in 2010.

Direct download: cw-345-KarenHudes.mp3
Category:Podcast -- posted at: 4:07pm EDT

Benjamin Ginsberg is the David Bernstein Professor of Political Science and Chair of the Center for Advanced Governmental Studies at Johns Hopkins University. The rising cost of education is largely due to the rising cost of college administrations. Employment of academic administrators has increased 60 percent from 1993 to 2009. 

 

Ginsberg has proposed several ideas to curb education costs. He shares them on the podcast. Among his proposals: cutting tenure. He also explains how higher education plans differ from business or military strategies.

 

Benjamin Ginsberg is a libertarian political scientist and professor at Johns Hopkins University who is notable for his criticism of American politics in which citizens have become "marginalized as political actors" and political parties weakened while state power has grown. His assessment of the futility of voting along with his notion that the public has an illusion of control over government has caused controversy, and sometimes his explanations have been criticized. 

 

Find out more about the Johns Hopkins political science department at www.politicalscience.jhu.edu.

 
Direct download: cw-344-BenGinsberg.mp3
Category:Podcast -- posted at: 4:45pm EDT

Tom Kraeutler is the President of Money Pit Media and Co-host of "The Money Pit," the nation's largest nationally syndicated home improvement radio program. He is a home improvement expert. 

 

In a rapidly improving housing market, Kraeutler discusses some home improvements we can make, which will pay for themselves in resale value. This would include upgrading home efficiency and performance. 

 

Kraeutler also shares some energy and water-saving products that perform:

 

1) Indoor Environment Control – Customize your interior environment with innovative new filters that are built in to plumbing and HVAC systems.

2) New Solutions for the Home & Garden – New hose nozzle technology gives you the pressure of a power washer and the mist of a sprinkler with a twist of a knob.

3) Innovative “Dumpster” - Comes to your house in a tiny box and expands to 1000 times its original size.  Once you are ready to use it, you pop it open and fill it up.  When it is full, you call for pickup.

4) Color Changing Switches & Outlets – Switches and outlets can change color simply by swapping in a plastic plate without screws or touching wires.  Now you can have a pink nursery and then an orange kid’s room and then a white office all without ever replacing the switches.

5) High Tech Painting – Solid walls are a thing of the past and so are streaks and dribbles.  The newest painting technology makes drip free designs a snap.

 

Visit The Money Pit at www.moneypit.com.

Direct download: cw-343-TomKraeutler.mp3
Category:Podcast -- posted at: 11:50am EDT

Clem Chambers is the CEO of ADVFN, Europe's leading stock and investment website. He's also author of, "Letters to my Broker: P.S. What do you think of the market." His new book combines the elements of satire, annotations and illustrations to dynamically depict the do's and don'ts of trading and investing. 

 

Chambers comes out with multiple books every year. He explains going through traditional, mainstream publishers versus self-publishing and the publishing process.

 

Chambers also provides his analysis on current political and economic questions, including:

 

- What's going on with gold?

- How and why are governments lying about life expectancy?

- Is the government trying to steal your retirement?

- Are Europeans upset by US snooping? 

 

Find out more about ADVFN at www.advfn.com.

Direct download: cw-342-ClemChambers.mp3
Category:Podcast -- posted at: 3:44pm EDT

Join Jason Hartman for this three-part episode covering several topics, including:

  • Self-Directed IRAs (SDIRA) and pension plans
  • Home Owner Associations
  • Jamie Dimon and JP Morgan's Toxic Financial Waste - The largest multi-billion dollar fine in history 
  • Properties in Austin and Memphis
  • Controversial future guests Noam Chomsky and Bill Ayres
  • Direct investing
  • Inflation

  

Direct download: cw-341-EquityTrusts.mp3
Category:Podcast -- posted at: 11:51am EDT

Renowned author, physiologist, evolutionary biologist and bio geographer, Dr. Jared Diamond, joins Jason Hartman for a discussion of his newest book, The World Until Yesterday. Dr. Diamond’s unique background has shaped his integrated version of human history. He posits that success – and failure – depends on how well societies adapt to their changing environment.

Dr. Diamond is also a medical researcher and professor of physiology at the UCLA School of Medicine. His book "Guns, Germs and Steel" won a Pulitzer Prize and "The Third Chimpanzee" was a best-selling award winner. Elected to the American Academy of Arts and Sciences, the National Academy of Sciences and the American Philosophical Society, Professor Diamond is a MacArthur Fellow who has published over 200 articles in Discover, Natural History, Nature and Geo magazines.

In his books Guns, Germs and Steel and Collapse (and the popular PBS and National Geographic documentaries they inspired), big-picture scholar Jared Diamond explores civilizations and why they all seem to fall. Now in his latest book, The World Until Yesterday, Diamond examines the traditional societies of New Guinea -- and discovers that modern civilization is only our latest solution to survival.

Direct download: cw-340-JaredDiamond.mp3
Category:Podcast -- posted at: 10:09pm EDT

Karl Denninger is an technology expert and businessman, finance blogger, political activist and is sometimes referred to as a founding member of the Tea Party movement. Denninger was also the founder and CEO of MCSNet in Chicago.

 

Denninger is a founding contributor to the libertarian-oriented finance blog The Market Ticker, found at http://market-ticker.org. He uses his blog to levy harsh criticism of the criminal element who are wrecking the global financial system. In the aftermath of the March 2008 collapse of Bear Stearns, he founded the website Fed Up USA. He came to national attention for the criticisms of the Emergency Economic Stabilization Act of 2008 which he posted on Fed Up USA in September that year. Of special concern to Denninger was the over-the-counter trading of credit default swaps, as well as the high leverage of financial institutions; his objections to the bailout plan stemmed from the fact that it did not address either of these issues. He has also spoken out against high-frequency trading, particularly in the aftermath of the 2010 Flash Crash.

 

As a publicly outspoken and early member of the Tea Party movement, Denninger is sometimes referred to as a founder. On January the day of President Obama's first inauguration, he published a blog post calling on readers to mail tea bags to the White House and Congress on February 1st, echoing a suggestion by a commenter on one of his earlier blog posts. However, Denninger later expressed concern with the Tea Party movement, specifically that establishment Republicans had hijacked it and perverted its original goals.

Direct download: cw-339-KarlDenniger-redacted.mp3
Category:Podcast -- posted at: 12:37pm EDT

Kim Lisa Taylor is a author, real estate investor, and nationally recognized speaker.  She often writes articles on how to legally use OPM (other people’s money), and has been featured in many publications, most recently Personal Real Estate Investor Magazine. She is the author of the soon-to-be released book Syndicate Anything; How to Legally Find Private Investors to Fund Your Dreams While Helping Them Achieve Their Own. 

 

Kim is frequently a guest speaker on several radio talk shows and has been the keynote speaker at multiple real estate investor events across America. She spends time teaching real estate investors topics such as the "Legal Aspects of Private Lending" and "Partnering and Pooling Money", through live workshops, home-study courses, and books. Kim is a California and Florida licensed attorney and partner in the Corporate Securities Law Firm of Trowbridge & Taylor LLP.

Direct download: cw-338-KimLisaTaylor.mp3
Category:Podcast -- posted at: 10:17am EDT

Doug Brunt is the former CEO of Authentium and author of, "GHOSTS OF MANHATTAN." In his new book, he transports readers back to the extravagant times before Bear Stearns collapsed, exposing a culture with boundless bonuses, where the company expense account was routinely used for bar tabs, visits to strip clubs, and worse. He even throws in some comical stories and describes some of them. Brunt offers a withering view of life on Wall Street from the perspective of an unhappy insider, run-down by the corrosive lifestyle which is jeopardizing his marriage, who is too hooked on the money to find a way out. 

 

Brunt is married to FOX News anchor Megyn Kelly, who has helped him with his books. Brunt describes their relationship and why he gave up a lucrative career as an Internet security entrepreneur.

 

Find out more about Doug Brunt at www.douglasbrunt.com.

Direct download: cw-337-DougBrunt.mp3
Category:Podcast -- posted at: 11:25am EDT

Catherine McBreen is the President of Millionaire Corner. 

 

The U.S. is now seeing record numbers of millionaires. McBreen explains the effect stocks has had on this run-up. 

 

She recently released a service called "Find an Advisor," and discusses how it helps people find the best financial advisor for them. She also analyzes investment newsletters in lieu of financial advisors.

 

McBreen finally talks about the effect money has on happiness and marriage relations.

 

Visit Millionaire Corner at www.millionairecorner.com.

Direct download: cw-336-CatherineMcBreen.mp3
Category:Podcast -- posted at: 10:43pm EDT

Jason talks with Michael Kitces, who is a financial planner and runs the blog Nerds Eye View.

Direct download: cw-335-MichaelKitces.mp3
Category:Podcast -- posted at: 11:33am EDT

Jason Hartman talks about rent increases exceeding inflation, Fed tapering off on mortgage backed securities buying and the possible end of the government's role in the secondary mortgage market (Fannie Mae and Freddie Mac).  After a quick announcement about the Austin, Texas property tour http://www.jasonhartman.com/events/  Jason discusses Little Rock, Arkansas with our Local Market Specialist (LMS). 

 

From Wikipedia:  Little Rock is the capital and the largest city of the U.S. state ofArkansas. The Metropolitan Statistical Area (MSA) had a population of 717,666 people in the 2012 census estimate. The MSA is included in the Little Rock−North Little Rock, AR Combined Statistical Area, which had a population of 893,610 in the 2012 census estimate. As of the 2010 US Census, Little Rock had a city proper population of 193,524. It is the county seat of Pulaski County.

 

Located near the geographic center of Arkansas, Little Rock derives its name from a small rock formation on the south bank of theArkansas River called la Petite Roche (French: "the little rock"). The "little rock" was used by early river traffic as a landmark and became a well-known river crossing. The "little rock" is across the river from "big rock," a large bluff at the edge of the river, which was once used as a rock quarry. There have been two ships of the United States Navy named after the city, including USS Little Rock (LCS-9).

Direct download: cw-334-Arkansas.mp3
Category:Podcast -- posted at: 11:58am EDT

Al Goldstein is the President of Pangea Properties and founder of AvantCredit. He was recently given an award for reviving neighborhoods in inner city Chicago. In this interview, Goldstein discusses his real estate investment strategy and why he focuses so much on the low-income demographic.

 

Goldstein was also named as a Top 40 under 40 entrepreneur in Chicago. He gives his tips on how to become more entrepreneurial.

 

Growing up in the Soviet Union in the 1980s, Al Goldstein used to watch government-sponsored cartoons "teaching you to be a good little communist."  But the message never rubbed off on Mr. Goldstein, the main character in a capitalist success story. By age 28, he had built and cashed out of his first entrepreneurial venture: CashNet USA, an online payday loan company he sold for $265 million, just two years after starting it.  Now he's well on his way to building his second business, Pangea Properties, a real estate investment trust that owns 7,000 apartments in Chicago, Indianapolis and Baltimore. Pangea mainly buys properties in lower-income neighborhoods, catering to the same kind of customer whom CashNet targeted.

 

Find out more about Pangea Properties at www.pangeare.com. Visit AvantCredit at https://www.avantcredit.com/.

Direct download: cw-333-AlGoldstein.mp3
Category:Podcast -- posted at: 12:52pm EDT

Jason talks with Les Leopold on his new book: "How to Make a Million Dollars an Hour: Why Financial Elites get away with siphoning off America's Wealth." In the interview, Les details just how hedge funds are making unthinkable amounts of money. 

Les Leopold co-founded and currently directs two nonprofit organizations, the Labor Institute of New York and the Public Health Institute. He designs research and educational programs on occupational safety and health, the environment and economics. He also serves as a strategic consultant to the Blue-Green Alliance which brings together trade unions and environmental organizations. Leopold designs research and educational programs on occupational safety and health, the environment, and economics and helped form an alliance between the United Steel Workers Union and the Sierra Club. He is a proud graduate of Oberlin College and Princeton University's Woodrow Wilson School of Public and International Affairs (MPA 1975). 

Leopold also authored several other books about "The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi," (Chelsea Green Publishing, 2006.) If you'd like to read more by Les, you can take a look at his articles published by AlterNet at http://www.alternet.org/authors/les-leopold-0

Direct download: cw-332-LesLeopold.mp3
Category:Podcast -- posted at: 4:33pm EDT

Meredith Whitney is the founder of Meredith Whitney Advisory Group and author of, "FATE OF THE STATES: The New Geography of American Prosperity."

 

Whitney believes "interior" states like North Dakota, Indiana and Texas are doing a lot better than "coastal" states like California, New York and Florida. She thinks the coastal states continue to struggle long after the recession, while the middle of the country will continue to thrive. 

 

Keeping these in mind, she discusses the outlook for the following areas: 

 

- Housing prices 

- Jobs

- Quality of schools 

- Transportation 

 

She also shares her advice to help troubled municipal and state governments.

 

Visit the Meredith Whitney Advisory Group at www.meredithwhitneyllc.com.

Direct download: cw-331-MeredithWhitney.mp3
Category:Podcast -- posted at: 9:02pm EDT

Introduction

Robert Greene, best-selling author of such books as The 48 Laws of Power, The 33 Strategies of War, The Art of Seduction, The 50th Law (with rapper 50 Cent), and Mastery, joins Jason to talk about his wheelhouse topics – power and strategy.

Key Takeaways

· Jason’s take on the current state of European real estate investing – are there any likely prospects?
· What does it mean to become a master in your field? Why do so few people achieve this level of expertise?
· Discovering your calling is easy to say but here’s how you actually do it
· How to avoid hitting the proverbial career wall in your 30’s
· The telltale clues that you might be an entrepreneur
· Charles Darwin’s story – how this unassuming young man became one of history’s most renowned scientists
· Lose your self-absorption and increase your manipulative powers
· There are more types of seduction than you might realize. Here are 9 of them. How to discover your natural seductive area
· How to apply Napoleon’s classic flanking maneuver to your business

Links

www.powerseductionandwar.com
Robert Greene on Wikipedia

Bio

Best-selling author, Robert Greene, is known for a series of books powered by a broad range of research and sources, synthesized for the masses. His life has been a drastic departure from writers’ who never stray from the hallowed halls of academia. After attending UC Berkeley and graduating from the University of Wisconsin with a degree in Classical Studies, Greene worked his way through 80 different jobs before settling into his current writing career (by his recollection), some of which included construction worker, translator, magazine editor, and even a stint as a Hollywood screenwriter. Robert’s first book was 48 Laws of Power, which became a runaway hit and has sold more than 1.2 million copies. Numbered among its devotees are such celebrities as 50 Cent, Jay-Z, Kanye West, Chris Bosh, and Will Smith. Greene speaks five languages and is a student of Zen Buddhism, as well as an avid swimmer and mountain biker.

Time Stamps

· [1:15] Jason’s monologue includes a reflection on his recent European trip. Has his opinion on investing there changed?
· [7:23] Interview with Robert Greene begins
· [7:48] Defining mastery and how to attain it
· [9:36] Description of Robert’s latest book, Mastery
· [10:12] How to discover your life’s calling
· [12:16] Why so many people hit a career wall in their second decade of work
· [15:02] Check yourself. Are you an entrepreneur
· [17:16] Charles Darwin. From nobody to one of the greatest scientists ever
· [19:00] Robert’s background
· [20:09] All about manipulation and how to use it for good
· [23:05] The 50th Law – 50 Cent; A real American rags to riches story
· [25:20] The hidden power in fearlessness
· [27:52] 9 types of seducers – which are you?
· [30:21] Greatest seducers to ever live
· [31:15] Napoleon’s flanking maneuver and its effect on business today
· [32:04] The Art of War – does Sun Tzu still matter in today’s world?

Transcript

ANNOUNCER 1: Welcome to Creating Wealth with Jason Hartman! During this program, Jason is going to tell you some really exciting things that you probably haven’t thought of before and a new slant on investing. Fresh new approaches to America’s best investment that will enable you to create more wealth and happiness than you ever thought possible. Jason is a genuine self-made multimillionaire who not only talks the talk but walks the walk. He’s been a successful investor for 20 years and currently owns properties in 11 states and 17 cities. This program will help you follow in Jason’s footsteps on the road to financial freedom. You really can do it! And now, here’s your host, Jason Hartman, with the Complete Solution for Real Estate Investors. Jason’s Back from Europe and Hanging in Iceland

JASON HARTMAN: Welcome to the Creating Wealth show. This is your host, Jason Hartman. This is episode #330 and I am talking to you today from Reykjavik, Iceland. I’m in a quaint, little café, a little coffee shop here, so pardon the background noise. I think you probably hear a little bit of it, but the intro portion won’t be too long before we get to our 10th show guest. And today, that will be the very famous Robert Greene, author of many, many books on Power, Seduction, The 50th Law, The 48 Laws of Power, just a whole bunch of things. He’s got a lot of interesting stuff to share with us today and you know, on every 10th show, we go off the strict financial or real state investing topic and we talk about something that just relates to personal interest and personal success and more effective living.

Anyway, let me tell you a little bit about my European real estate tour here before we get to our guest today and I am in Reykjavik, Iceland now, as I mentioned. Iceland is a beautiful country, a small country and yesterday, I toured around, went to on what they call the Golden Circle tour and saw the geysers, waterfalls, and the tectonic plates where you can actually see rifts in the ground or big, very large cracks where the tectonic plates separated, and that’s quite interesting. Some people go diving in there and it’s just crazy to imagine that that’s literally where the earth has come apart [LAUGHING], creating totally different continents.

Anyway, I was in Spain before this. I toured and looked at quite a few properties. I was in Barcelona and then to the south of that, I was in Malaga and Marbella and, you know, I’ve been reading a lot in the past few years about Croatia, about Spain, in the real estate markets there based on their very different economic situations and Europe’s economic problems in general, and it’s just really inspired me to come out and take another look at some of the European properties. I was pleasantly impressed, actually very impressed, with Malaga and just what a high-end area it is and how much Middle Eastern money and really money from all over the world is flowing into that market. You see Ferraris, Lamborghinis, Rolls-Royces, a lot of Saudi money in that market, very high-end stores and shops, and expensive real estate even though Spain is in a tremendous crisis and unemployment is very high especially among the under 30-age group. I’m not sure, really, how the market will go here. I’m gonna continue to research it when I get back. We have a potential local market specialist here and we may actually have them on a future episode. If not on this show, I’ll do it on my JetSetter Show. So, we’ll see about that, but it has been an interesting trip.

Before Spain, I was in Croatia and I was very, very impressed on the last episode. I talked a little bit about Croatia. I went there and Montenegro as well and what a beautiful, beautiful coastline, really, really amazing. Yeah, it’s been an interesting tour. Before that, Germany, Switzerland, Austria, and I’m on my way back home after Iceland here today.

I’ve got a helicopter tour and I’m actually gonna take a flying lesson here as well. I’m not a private pilot yet, but I’m pretty close to it. My mom said something very wise to me several years ago when I was about to finish and get my private pilot’s license. She said, “Jason, you don’t have enough time to get good at this.” [LAUGHING] And I thought, you know, those are probably some words of wisdom, so I listened to my mom and I really didn’t pursue getting my license, but I do take lessons here and there and I find it particularly interesting when you can take a lesson on a trip, maybe in a different state or in a foreign country and get some sightseeing at the same time, so pretty interesting.

That’s what I’m off to do now and then I’ll be back home and next week when I talk to you, we will be doing our more regular broadcasting, and I’ve got some of the investment counselors and local market specialists that I want to get on to talk about their markets, some different markets we’re looking at and some current events as well. So we will definitely do that and get back to more regular guests. Of course, this is a 10th show. We’re talking to Robert Greene today. So without further adieu, we will be back with Robert Greene in just a moment.

[MUSIC PLAYING]

ANNOUNCER 2: You know, sometimes I think of Jason Hartman as a walking encyclopedia on the subject of creating wealth.

ANNOUNCER 3: Well, you’re probably not far off from the truth, Penny, because Jason actually has a three-book set on creating wealth that comes with 60 digital download audios.

ANNOUNCER 2: Yes, Jason has that unique ability to make you understand investing the way it should be. It’s a world where anything less than 26% annual return is disappointing.

ANNOUNCER 3: I love how he actually shows us how we can be excited about these scary times and exploit the incredible opportunities this present economy has afforded us.

ANNOUNCER 2: We can pick local markets untouched by the economic downturn, exploit package commodities investing, and achieve exceptional returns, safely and securely.

ANNOUNCER 3: I also like how he teaches you to protect the equity in your home before it disappears and how to outsource your debt obligations to the government.

ANNOUNCER 2: And the entire set of advanced strategies for wealth creation is being offered at a savings of $94.

ANNOUNCER 3: That’s right and to get your Creating Wealth Encyclopedia Series complete with over 60 hours audio and three books, just to go to jasonhartman.com/store.

ANNOUNCER 2: If you want to be able to sit back and collect checks every month just like a banker, Jason’s Creating Wealth Encyclopedia Series is for you.

[MUSIC PLAYING]

Introducing Robert Greene, Best-Selling Author

JASON HARTMAN: It’s my pleasure to welcome Robert Greene to the show. He is a famous author on Power and Strategy. He’s the author of several books including his latest book entitled Master. The 48 Laws of Power is another great one, The Art of Seduction, The 50th Law, 33 Strategies of War, and he’s just got a prolific amount of work on the subject, and covers a lot of controversial areas that other authors just don’t really touch, and it’s great to have him here. Robert, welcome! How are you?

ROBERT GREENE: I’m fine. Thank you very much for having me on your show.

JASON HARTMAN: Well, the pleasure is all mine and I like to give my listeners a sense of geography. Are you located, by any chance, in Los Angeles today?

ROBERT GREENE: Good guess. Yes, I am. It’s where I was born and raised and that’s where I live right now, yeah.

JASON HARTMAN: Fantastic! Well, that’s where I grew up too, so we’re both Los Angelinos [LAUGHING].

ROBERT GREENE: Oh, cool. “Mastery” is His New Book

JASON HARTMAN: Well, yeah. So, tell us a little bit about your latest book, Mastery, and then I want to touch on some of the other books as well.

ROBERT GREENE: Well, Mastery is basically a book about what I consider to be the ultimate form of power that a person can have in this world. I think we’re in an environment that’s incredibly competitive and difficult. Very few people have any sort of job security anymore. The competition out there is globalized. It’s intense. It’s everyday. You can’t let up your guard ever and I noticed that in all my years of researching very powerful people, they reach this level of intelligence. It’s not an intellectual intelligence, it’s a practical intelligence. They reach this high level where they’ve mastered their field. Um, you can visualize it in a way where, let’s say, you’re professional with chess, it’s just a metaphor. But after 10, 15 years of playing chess, you’re now like a grandmaster and you’re no longer thinking about the chessboard. It’s internalized. You have a feel for it.

JASON HARTMAN: Right.

ROBERT GREENE: Being something in larger dimensions, what they call chunks, and I believe that happens in any profession and once you reach that point, you’re on a whole other plane. You’re so creative that nobody’s gonna replace you, that you’re able to see trends and answers to problems that just are invisible to others, and so you’re gonna be continually in demand. You’re like Steve Jobs or whoever it is. It’s not that you have to ignore being good at politics, being a social person is a component of mastery, but once you get to that point, you’ve got command and you’re in demand, and I wanted to show the reader that it’s not a matter of your brain size, what college you went to. It’s a matter of going through a process with a lot of effort and intensity and you will get there, and it’s an incredible feeling, and it’s in all professions. The book covers everything from science to sports, to working with your hands, to the arts. So, it encompasses everything.

JASON HARTMAN: Well, I think you laid out a few steps. Maybe there are four major steps if I’m remembering correctly in the book, find the thing that is your passion, your great area of interest. What are those if you’d go over with them?

The Process of Becoming a Master

ROBERT GREENE: Well, the first step is the most important. If you don’t follow the first step, you’ll never gonna get there and it’s not me just saying that, it’s the pattern of all highly successful people, and for this book I’ve researched a lot of very powerful figures in history and also interviewed nine contemporary masters to show that it’s a very modern thing. But in all of the stories, everybody starts out with step one and what I call it is discovering your calling or your life’s path and the idea is simple. You’re born with a unique set of DNA. Your brain is wired in a totally different way. There’s something unique about you and what separates very powerful successful people from others is that they are very clear early on in their life about that quality in them that makes them unique. It could be a subject that fascinates them, a problem, an activity, or whatever it is and that clarity carries on into their adolescence and then when it comes time for choosing their profession or career, they have much more clarity. There might be a bit of exploring trying to figure out exactly how to apply their interests but there is a higher degree of clarity than what most people have and because they’re so clear about it and they focus so intensely on something that is emotionally engaging to them, they learn much faster, more intensely than other people. That’s the key to everything in life.

JASON HARTMAN: Sure.

ROBERT GREENE: And so you need to be following that path and I show you very clearly in this chapter that you can discover what these inclinations are that you have and carve out a career path that will set you more in that direction than you might be going. A lot of people choose careers because there’s money involved or because their parents said this is what you should do and they do alright in their 20s because they’re young, etc. but then they hit a wall in their 30s because they’re not engaged emotionally, personally with what they’re doing and disaster ensues, and you’re not aware of where the disaster comes from. It is because you’re tuning out. You’re not fully engaged. And so this is such a critical step. I can’t emphasize it enough and I show you how at any point in your life, you can take this step. You can review and figure out what it is and head in that direction.

JASON HARTMAN: Okay. So, Robert I’ve got to ask you because I’m sure there are people listening that are thinking. That’s just never been clear to me. Some people—

ROBERT GREENE: Right.

JASON HARTMAN: You know, they knew as a kid what they wanted to do. Certainly, what you say makes absolute sense. We all know that the subjects we liked in school, we did well at those usually. Whether it’s, you know, liking the subject or even liking the teacher or professor because you relate to them better or relate to the subject matter better. So, you just pick it up naturally because it’s your area of interest, but just maybe one tip on how someone can discover what their main area is.

ROBERT GREENE: The point of mastery is to slow yourself down. There’s no short cut. There’s no one week suddenly or one year plan. It takes time and so discovering your life path also takes time and a lot of people are not very in tune with themselves. They’ve been listening for too long to what other people have to say. They’re not aware of what their actual interests are, of who they are. So, it’s going to take a couple of, for people like that, it’s gonna take a couple of months, but I’d say something for, a simple banal example will be when you open a newspaper or you check something out online, you’re surfing a site that you like, what is that subject that when you see in the headline, you go, “God! I have to read that. That just fascinates the hell out of me.” I know for myself if I’ve cracked open the New York Times and there’s an article about some discovery about our earliest ancestors, I can’t explain to you why but I am so excited by that. I will read every single article on that subject. Well, there’s something like that for you. There’s always something that lights up your eyes like when you were a kid where you wanna read about it. These are signs. I give you in the book many other signs, but this is a sign of something that excites you in a primal way, that probably dates back to your childhood and you should follow these indications. You should also follow things that you hate in your career path and you hate working for other people. You hate the politicking and all of the gamesmanship involved. Look at that sign. It’s a sign that you are probably an entrepreneur. You probably are meant to be working for yourself. You probably have that individual risk-taking cavalier spirit that is not comfortable working for other people. These are signs and you’ve got to start becoming aware of them.

JASON HARTMAN: Yeah, makes sense, makes sense. Talk to us a little bit more about the mastery subject and I love how, in your books, you tie in so much history and so many historical figures. Every person in business likes to quote and talk about power and talk about the Art of War. Some like to relate to Napoleon. Thoughts there on some of the historical tie-ins and maybe some examples?

Masters’ throughout History – Da Vinci and Darwin

ROBERT GREENE: Well, the icon of this book is Leonardo Da Vinci, you know, like my War book was Napoleon, the Power book was like Louis XIV, Seduction, Cleopatra, The 50th Law was 50 Cent. But here, Da Vinci is sort of the icon in that he is not as mythical as people make him out to be. He’s somebody who came from a rather disadvantaged background. He was an illegitimate son. He was kept out of all of the noble professions and so, the only really avenue for him was to pursue art which actually was something the he deeply, deeply loved and I show clearly in the book that what makes Da Vinci so absolutely astounding was an unbelievable work ethic. His motto was “ostinato rigore” which means obstinate rigor, persistent rigor. He said, “I’ll figure something out just by sheer persistence and work.” That’s a lot of love and I have all sorts of examples.
Of all these other icons in our history that we look up to as being almost superhuman like Mozart, like Einstein, [INDISCERNIBLE], Thomas Edison, Henry Ford, and I showed clearly that what separates these people is the incredible level of persistence and work ethic and they’ve put in their proverbial 10,000 hours to the point of maybe 20,000 hours, and that’s exactly the foundation that makes them so incredibly brilliant. And one of my favorite stories in the book, I mean, I know your audience is business people but this book relates, these stories relate to anybody in any field, it’s about Charles Darwin because it was such a good story.

He’s a young man who doesn’t really know exactly where he sits in this world. He’s not good in school, his father thinks that he’s kind of a loser, he just likes to go hunting and observing things in nature and collecting specimens, and finally, he gets this chance to go on a voyage around the globe on the ship, the HMS Beagle. His father said, “You’re a fool to go on that. Why would you think of something like that? There’s no money. You have no training in it.” And he grabbed it. There’s something inside of him that tells him this is it, and in the process of going on this voyage, he transformed himself from the sort of naïve, inexperienced young man to someone who becomes the greatest observer of nature that we’ve ever had in history and transformed himself into a scientist. And I take this as a metaphor for the transformation that could happen to any person who goes through what I call a rigorous apprenticeship phase like Darwin went through. So these are some of the historical figures that I have in the book from all different fields and as I said, I have nine contemporary figures like great architect, Santiago Calatrava, or the scientist, Temple Grandin, or the great entrepreneur, Paul Graham who started the company, Y Combinator. So, there are lots of stories in it.

JASON HARTMAN: Well, how did you get into it? What is your background? I mean, were you a history professor or just a student of it [LAUGHING]?

ROBERT GREENE: No, I mean, the part of the reason why I’m able to do what I do is I don’t have any traditional background. So, if I were a history professor, I couldn’t write the kind of books that I write because academia kinda forces you into a certain mold.

JASON HARTMAN: Puts you in a box, yeah.

Screenwriter to Philosopher

ROBERT GREENE: Yeah, and my background was I studied, in college, Greek and Latin, Classics, very interested in History and Literature, and then I went out in the work world, and I worked in journalism, and I worked in film and Hollywood, and I had many different jobs, but I was always reading a lot of history and observing people very closely. And so, I like to write books that are incredibly practical because I’m a very practical person. I don’t like reading academic books on a subject that have no relationship to my life but on the other hand, I like to relate it to history and I like to make the readers think very deeply about their lives. So because I don’t fit into these categories, I’m able to kind of be my own self, so to speak.

JASON HARTMAN: Yeah, yeah, very interesting. So, manipulation, it’s a controversial subject, but there are many books and writings on how people can manipulate others to get the result they want out of them, you know, how to change people, how to get your kids to do what you want, how to [LAUGHING] get your dog to do want you want, how to get your spouse or significant other. Can people be manipulated? I think you’re going to say yes to that [LAUGHING] from knowing your work, but tell us uh, if so, how?

It’s all About Manipulation

ROBERT GREENE: Well, you know, you’re referring to my earlier books. It’s just sort of a subject uh, theme in all of them. It’s not so much a question. Manipulation is a loaded word. You can also use the word influence, persuasion. Can we convince other people? Can we get them to do what we want them to do or can we get them to do something that won’t hurt us? And of course we can. If not, we would be miserable, powerless creatures.

JASON HARTMAN: Well, and not only that, you know. I know it’s a loaded word and that’s why I used it but to inspire some or instill some controversy into the discussion but the old saying is nothing happens until somebody sells something and whether it’s selling an idea or a product, that’s where a lot of progress comes from.

ROBERT GREENE: Yeah and so, I’m trying to make you focus very deeply on the other person that you’re dealing with. The greatest problem that everybody faces in this realm of persuasion or manipulation is that they’re self-centered. The focus of their attention is inward so I need to sell this product. I need to make money for my family. This is what I like. The other person must like that as well. That said, are you projecting other than something from inside yourself and you’re not focused on the social environment, on what people are thinking, on their needs, etc. All of my books are simply a way to twist you like a yoga pose out of that constant self-centeredness and get you to focus so that you really, really, really understand where that other person is coming from. Once you have that understanding, you can begin to lower their defenses. You can begin to make them move in your direction whatever that might be. At the furthest extreme, you can manipulate them and I show in “The 48 Laws of Power” that extreme. I go into it and I show you that very powerful people are often, can be often very manipulative and here are some of the laws that they use in that realm. You can either take that knowledge to help defend yourself or if you really need to, you can use this. Uh, and that would be sort of the extreme but the tie that connects all of these stuff together is your ability to get out of yourself and focus deeply on the other person. Once you do that, a weird kind of magic can start happening. You can start figuring out other people. You’re never gonna totally understand that person you’re trying to sell to. There’s always an element of mystery. It’s a margin game. If you’re able to increase your margin of intelligence and knowing about them from 5% to 20%, suddenly a kind of magic happens where you’re able to align your interests and figure out what it is that’s gonna seal the deal or whatever it is you need and that’s, that’s really, really what my books are about.

Writin’ with 50 Cent

JASON HARTMAN: Robert, when you wrote about the, the book about “The 50th Law” you talked about 50 Cent, the rapper. What could 50 Cent teach us? [LAUGHING] you know, it’s uh -

ROBERT GREENE: Well actually it’s the book that is co-written with 50 Cent.

JASON HARTMAN: Oh, okay.

ROBERT GREENE: Uh, and basically that was an interesting process in which we spent about five or six months together and I interviewed him intensely and together we kind of shaped the book and so the uh, more or less collaborative process and it’s an amazing story. I’m not a celebrity person. I could really care less about Leonardo DiCaprio. I’m more interested in everyday people and how they get by in their lives but 50 is an amazing story, he’s a very real person. He doesn’t have all this celebrity crap around him and there are a couple of things that we can learn from him. First, the total American rags to riches story of someone who come from the absolute worst environment and how he’s then able to raise himself up from this bottom to be a very wealthy, very powerful individual. It’s an amazing story and it has incredible lessons.

The other element of it is I determined that there’s a quality about him, that is the source of his power and it’s what I call, what we call fearlessness but it’s not a fearlessness of taking, being ah, beating people up or being aggressive or for guns or anything. It’s a kind of philosophical fearlessness in front of anything that happens in life. He’s not afraid of failing. He’s not afraid of what other people think of him. He’s not afraid of being alone. He’s not afraid of being different and when you have that kind of fearless attitude, you are going to get somewhere in this world in whatever you do and so in this book, we have 10 chapters. Each chapter is about a kind of fear that you have. It’s very primal and very human and here’s how you confront that fear and how you overcome it, uh, it’s all of course illustrated. Each chapter begins with a story from his life illustrated and then we go into history about other great Americans and people around the world who have used uh, a, a similar idea and one of the chapters for instance, just to give you an example, is a fear that a person might have in business is a fear of other people. I know that sounds a little bit counterintuitive but a lot of people in business don’t really want to know too much about their customers, about their audience.
They think they do but they’re afraid of having their own ideas overwhelmed. They want to go in with a preconceived notion because it’s simpler that way. It’s easier that way and people are always more comfortable with themselves than what other people are thinking and this is uh, this is actually a fear alright, we demonstrated very clearly and what made 50 so successful was he broke down all those barriers and he became incredibly, incredibly close to his audience to the point of having a deep understanding. He is one of the first people in music to create a website that has unbelievable uh, access to his own audience and information from them. He’s very, very close to who – whoever he’s trying to sell, whatever he’s trying to sell. It’s a fear that he, that he did overcome and we go very deeply into that chapter so that’s sort of what that book is about.

JASON HARTMAN: Very interesting, you know, with, with all of your books, it begs the question do you have a favorite?

Robert’s Favorite Book is…

ROBERT GREENE: Well, it’s, you know, they’re like children and it’s sort of hard –

JASON HARTMAN: [LAUGHING]

ROBERT GREENE: To choose –

JASON HARTMAN: You can’t pick a favorite, right?

ROBERT GREENE: Yeah. Well, you can, I mean, the 48 Laws of Power was my first one and it made me – it transformed me from an unhappy person writing in Hollywood to having this great life so it’s always a love of that. The Art of Seduction was my – it is the most fun to write as you can probably imagine by the title and then uh, the Mastery is the newest one so it’s closest to me so maybe right now, that’s my favorite child, but The 50th Law was a lot of fun to write. I can’t say that the Book on Warfare was not fun because it was a very tough subject but even that book, you know, had some closeness to my heart so it’s hard really to say.

JASON HARTMAN: Um-hum. Yeah. I, I knew that would be impossible to pick – like asking a parent to pick their favorite child.

ROBERT GREENE: Yeah.

JASON HARTMAN: But, interesting. Well, you mentioned about the, the Seduction book and –

ROBERT GREENE: Yeah.

JASON HARTMAN: I mean, wow, what an amazing compilation in the Art of Seduction of these different, these different personas that people can exhibit and, and you give examples of people throughout history that have done this. How about if you take a few of those and then, I would be remiss not mention that this isn’t just about seduction in a romantic or a sexual sense but at the end, you talk about self-seduction and how to sell anything to the masses.

And Along Came Seduction

ROBERT GREENE: Yeah, I mean, uh, I’m trying to write a book about the psychology of seduction which I say permeates us as human beings. We are continually vulnerable to being seduced so certainly, we think of sexual seduction and there’s a lot of that in this book but it is also social seduction, how you can charm and get people around you to like you. It’s also political seduction. John F. Kennedy seduced the Americans in 1960 and won an election. It’s clearly marketing and I go into, as you say, the soft sell. So, I’m interested in what ties all of that together.

What ties Cleopatra to John F. Kennedy or, or whomever and there are ties to it. It always involving the same seduction, the same psychology which is how do you lower people’s resistance so they do more or less what you would like them to do and in seduction, you’re creating a kind of pleasurable environment where it’s not about overt manipulation. It’s about what you’re getting people to do is something that they actually want to do or will like and I’m gonna show you how you can have that power.

The beginning of the book, the first half, I, I identified nine types of seducers and you’re probably gonna have the, hopefully, at least one of these types and maybe a combination of two, possibly three and the idea is to be a seducer, you can’t just be reading a book and following certain strategies. You’re gonna seem cold-hearted, particularly, a woman will see right through you and you won’t get very far and it’s not fun. So, the trick is to discover what is naturally seductive about yourself as an individual. So, I identified these types and I make you more aware of what makes you a
[INDISCERNIBLE] or a rake or if you’re a woman, a siren or a dandy or, or the charismatic, etc.

The second half of the book I go into various strategies that people typically use in the seduction. Um, and, all of these chapters have application to marketing, to politics, to selling anything as well and, and in there, it’s clear when you read them. But the second half of the book, I kinda show you starting from the beginning, with knowing who it is that you’re trying to seduce, to the last strategy, which is sort of consummating the deal whatever that might be. And along the way, I give you stories from the greatest seducers who had ever lived in all of these different fields.

JASON HARTMAN: What book took you the longest to write?

The Art of War Revisited

ROBERT GREENE: Well, uh, the War book is sort of my version of Sun Tzu’s Art of War and in, for business people, it’s maybe in some ways, the most applicable, but it was a very difficult subject because first, there are so many books written on warfare. The subject is so big. And what I wanted to do is take all of the most classic strategies that exist in the history of warfare. And identify this and then show you the psychology behind them and how they’re applicable to everyday situations, to business, to dealing with people. Uh, and that is not easy. It’s not really been done before to show you on the pulley and the use of the flanking maneuver. It’s actually a strategy that has incredible application to running a business. So it took a lot of thinking on my part and a lot of work, a lot of hard work. So that book was the longest and hardest to produce.

JASON HARTMAN: I would agree that when you read The Art of War and try to relate it to modern times I don’t think that’s very easy to do. People talk about it, maybe [LAUGHING] in an attempt to sound intellectual or something but if you ask me, I didn’t find that much relation to business. Maybe I’m missing something but [LAUGHING] or my attention span is too short. I don’t know.

ROBERT GREENE: Well the Sun Tzu is an amazing book, I used it very much in my book on war, but you’re right. I understand exactly what you’re saying but let’s say a scene in Sun Tzu is all about not going to war unless you have to and using your resources, marshaling them to the best possible usage, so you’re not wasting life and you’re not just ruining your country in the process. Well, I created a chapter out of that which I called First Economy and that means using your resources, who you are, your business, your army to the absolute maximum economical usage. So you’re not wasting anything and basically the idea is your reliance on money or technology is making you probably less creative than you want to be. You can be incredibly creative with less actual material resources and do better in your business than you are if you’re so addicted to spending a lot of money and buying things that you think are gonna improve your productivity, etc. That’s an idea of Sun Tzu that you can take as metaphor and apply to sports, to business, to life in general, and that’s sort of what my approach was.

JASON HARTMAN: Yeah, very interesting. Well, of course your books are available at the bookstores and on Amazon.com and the web site is powerseductionandwar.com, all written out and anything else you’d like to people to know in closing Robert?
Closing Comments

ROBERT GREENE: No. Yes, you say powerseductionandwar.com. There will be links there to Mastery, etc. Now, I guess it’s just that these are books that are meant, you know, they are longer. They’re not a simple read like a lot of self-help books but if you take the time, they’re all very practically oriented and reading them, you don’t have to read them [INDISCERNIBLE]. You can skip the chapters that seem more irrelevant but it kinda gets under your skin. I’m trying to alter your way of thinking, your life and about success. I’m trying, we discussed a little earlier about making you less self-centered. It’s a process and I’m trying to change how you think and I think reading the book in that spirit, it, it has incredible practical value if you give it a time. So that’s sort of the [INDISCERNIBLE]

JASON HARTMAN: Yeah, what I, what I love about your work is just all that historical ties and I, I feel like –

ROBERT GREENE: Yeah.

JASON HARTMAN: I learn so much about history, reading a book about power or seduction which I would never think you know, [LAUGHING] that would come out on that’s why your work is a just very interesting, very well thought out. I’ve got to ask you, do you have another book in your sights? The recent release of Mastery but what’s next?

ROBERT GREENE: Well, a lot of my books kinda come out of an idea in another book uh, in those that I’ve written and so with Mastery, I have a chapter on what I called Social Intelligence and the idea in that chapter is to say, it’s not just enough to master your field and be technically brilliant at it. You also have to be really good with people and intelligence, intellectual intelligence actually goes hand-and-hand with people intelligence, the social intelligence. I’m gonna write a book that expands that idea into something much larger. I’m gonna give you what I called a deep, deep understanding of the elements of human nature that go back thousands of years, that are embedded in each person. So that when you read this book, you’re gonna have a much better sense of what is motivating the people around you. You’re gonna be able to read them a lot better than just of kinda go operating blindly. And I’m gonna show you how you can develop this kind of reading ability and I’m gonna give you, as I said, this kind of encyclopedia about human nature so you’ll have a much better knowledge of what motivates people.

JASON HARTMAN: That sounds fascinating and I really, really look forward to that book. We will definitely have you back on to talk about –

ROBERT GREENE: Okay.

JASON HARTMAN: Social intelligence and Robert Greene, thank you so much for joining us today.

ROBERT GREENE: Oh well, thank you so much for having me. It was fun.

JASON HARTMAN: Be sure to call in to the Creating Wealth Show and get you’re real estate investing and economics questions answer by me personally. We’d love to have you call in, share your experiences, ask your questions and a lot of other people listening have those very same questions so be a participant in the show at (480) 788-7823 that’s (480) 788-7823 or anywhere in the world via Skype JasonHarmanROI, that’s Jason Hartman ROI for Return on Investment. Be sure to call in to the show. We are going to enter all callers in a drawing for some nice prizes as well, so be sure to call in the show and I look forward to talking with you soon.

ANNOUNCER: This show is produced by The Hartman Media Company. All rights reserved. For distribution or publication rights and media interviews, please visit www.hartmanmedia.com or e-mail media@hartmanmedia.com. Nothing on the show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, or business professional for individualized advice. Opinions of guests are their own and the host is acting on behalf of Platinum Properties Investor Network, Inc. exclusively.

Transcribed by Joseph

 

Direct download: cw-330-RobertGreene.mp3
Category:Podcast -- posted at: 1:50pm EDT

James Altucher is the Managing Director of Formula Capital and Founder of Stockpickr. He writes the popular blog, "Altucher Confidential." He is also the author of the new, "Choose Yourself: Be Happy, Make Millions, Live the Dream."

 

James first first went through big publishers to get your investing-related books out, but you now self-publish everything. James explains how viable self-publishing is and how he gets the word out for his books. 

 

James frequently holds Twitter chats with his followers and has even written books based off these conversations. Now he is paying people to read his new. book. This strategy is already revolutionizing content marketing.

 

James is the first person to pre-sell a book on Bitcoin. He describes his outlook on this currency, and how will it affect gold's value. 

 

Visit Altucher Confidential at www.jamesaltucher.com.

 
Direct download: cw-329-JamesAltucher.mp3
Category:Podcast -- posted at: 12:03pm EDT

Byron Dorgan is the former Senator of North Dakota and author of, “Gridlock.” In this interview, Dorgan explains the very real threats to our highly vulnerable electrical system. Countries from Russia to China have ALREADY infected our electrical systems with a powerful virus that can’t be simply removed. There NO SUCH THING as a National Electrical Grid. Dorgan discusses what America has done to basically sabotage our alternative energy industry. He still believes there are some ways we can use coal as an effective energy source.

As a former Senator, Dorgan talks about what made him want to write fiction books. Find out more about Byron Dorgan at www.byrondorgan.com.

Direct download: cw-328-ByronDorgan.mp3
Category:Podcast -- posted at: 12:16pm EDT

Dr. Jerome Corsi is Editor of the Red Alert newsletter. He recently authored, ""What Went Wrong: The Inside Story of the GOP Debacle of 2012 ... And How It Can be Avoided"  Corsi discusses how Obama is trying to take control of people's 401k's to balance the budget. Dr. Jerome Corsi is a Senior Staff Reporter for World Net Daily where he works as an investigative reporter. In 2004, Dr. Corsi co-authored the #1 New York Times bestseller, Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry.

 

The success of Unfit for Command permitted Dr. Corsi to devote full time to writing. In the past 5 years, he has published 5 New York Times bestselling non-fiction books. In August 2008, he published The Obama Nation: Leftist Politics and the Cult of Personality, which was a #1 New York Times bestseller for a month and remained on the NYT bestseller list for 10 weeks. His most recent non-fiction book, America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty debuted on the New York Times bestseller list on Nov. 1, 2009. For nearly 25 years, beginning in 1981, Dr. Corsi worked with banks throughout the United States and around the world to develop financial services marketing companies to assist banks in establishing broker/dealers and insurance subsidiaries to provide financial planning products and services to their retail customers.

 

He is a frequent guest on talk radio shows nationally and has made repeated television appearances on Fox News, MSNBC, CNN News and Fox Business News. Dr. Corsi lives with his family in New Jersey, where he is a full-time writer.

 

Visit the Red Alert newsletter at http://redalert.wnd.com/.

 

 

Direct download: cw-327-JeromeCorsi.mp3
Category:Podcast -- posted at: 12:11pm EDT

Jason and Steve talk about world issues, and then Jason talks with a caller.

Direct download: cw-326-JasonSteve.mp3
Category:Podcast -- posted at: 12:03pm EDT

Dennis Miller is the author of a book called Retirement Reboot and the only retired RetireMentor columnist on Marketwatch. Jason Hartman interviews Dennis about his experiences and research on retirees and investing. Dennis is also the author of the weekly newsletter Millers Money which has over 150,000 subscribers. Dennis surveyed his readers about how much inflation is a reality in their lives. Over 3,000 people responded and the results were staggering. The reality is that retirees living off a fixed income know EXACTLY how much the price of basic necessities have gone up. They can not only tell you exactly how much the price went up, they can tell you how much the packaging has downsized and how the quality has diminished. Dennis has tapped into the real fear faced by retirees. These three columns that came out of the results really sum up how the government inflation numbers are not a true reflection of how retirees live their lives which is why they seem to be feeling inflation to a greater extent.

 

•             Only 1.6% thought inflation was 1 – 2%

•             14.2% of readers thought inflation was 3 – 5% for them

•             34.9% thought inflation was 6 – 8% for them

•             25.7% thought inflation was 9 – 10% for them

•             23.6% thought inflation was over 11% for them

 

 

For more details, visit www.JasonHartman.com.

Direct download: cw-325-DennisMiller.mp3
Category:Podcast -- posted at: 12:19pm EDT

George Gilder is Publisher of the Gilder Technology Report, Chairman of the Gilder Group, co-founder and Senior Fellow at Discovery Institute, an original pillar of Supply Side economics, and author of, "KNOWLEDGE AND POWER: The Information Theory of Capitalism and How it is Revolutionizing our World."

 

The information age is changing our country's economics. Gilder explains his new paradigm for kick-starting economic growth and how companies outside the tech sector can benefit from Silicon Valley-style information flow. Gilder believes the risks inherent in free enterprise relate to accumulation of knowledge. 

 

Gilder also discusses the drivers that lead to poverty as well as the most efficient ways to eradicate poverty. 

 

Find out more information about the Gilder Technology Report at www.gildertech.com. Visit the Discovery Institute at www.discovery.org.

Direct download: cw-324-GeorgeGilder.mp3
Category:Podcast -- posted at: 11:40am EDT

Jason Hartman opens with one of the investment counselors as they discuss current news, rental properties and the biggest obstacle to investor success.  More at: http://www.jasonhartman.com/podcast/  With our guest for this episode, you'll hear opinions on some of the too-good-to-be-true advertising schemes out there.  Jason and Doug will render opinion on, expose and debunk some advertising claims in this investigative report.  This is just our opinion, as Dennis Miller says; we could be wrong - you decide.  Here are a few very cleaver ad examples, targeted at investors, for your consideration:  

 

"Stock Picks" newsletter:

  • Isn't anybody who advertises high-return stock picks is usually "cherry picking" their winners while completely ignoring their losers?  We think that may be the case.  One example might be Porter Stansberry's own report card, he under-performed the S&P 500 by around >10% in 2012 for the Stansberry Investment Advisory Newsletter.  Still an interesting and well written newsletter in either case.  Maybe this year or next year will be better for stock picking, we'll see. 

"Five Words" to get real silver from banks:

  • Those five words are "do you have half dollars" ... the idea is that half dollars minted prior to 1971 contained physical silver, and are worth far more than their face value.
  • The problem is that most banks don't carry half dollars any more, and most people's time is too valuable to spend going to banks and picking through coins to try and find ones minted before 1971.

"Buy $2 dollar silver" - really?:

  • This strategy is to buy a bag of "junk silver" at current spot prices of around $23/oz.  Junk silver are old coins with physical silver content.  The cost of a bag nets out to ~$2.00 for a dime with enough silver to be worth $2.00 in the open market.  Effectively this strategy teaches you to buy silver at the market price.  Isn't this useless?
Direct download: cw-323-DougUtberg.mp3
Category:Podcast -- posted at: 4:14pm EDT

Frank Vernuccio is the Editor-in-Chief of the NY Analysis of Policy & Government. He also co-hosts the radio program, "The Vernuccio/Allison Report." He serves as President of COMACTA. 

With the sequestration, civilian workforces will be furloughed, and the impacts will be felt socially and economically. Many dangers will occur as a result of furloughing so many Department of Defense employees. Vernuccio explains how these will affect military personnel.

The New York Analysis of Policy & Government provides practical reviews of key issues facing the United States on the federal, state and local levels. Vernuccio co-hosts the "And Nothing But the Truth" radio show on WVOX in Westchester, NY with Larry Allison. He has extensive experience as a legislative writer, columnist, and policy analyst, with a background in both Republican and Democrat administrations.

View Frank Vernuccio's work at www.usagovpolicy.com/.

Direct download: CW_322-FrankVernuccio.mp3
Category:Podcast -- posted at: 11:27am EDT

George H. Walper, Jr. is the President of the Spectrem Group. He discusses the correlation between how investors describe their risk tolerance and how they actually make investment decisions. He also shares whether investors looking to get more aggressive given the market's run-up. There's been a lot of debate about the one-percenters... are they helping or hurting the economy and markets? Walper shares the data. Retirement has changed a lot over the past decade. How much do wealthy investors think is in the pot of gold at the end of the rainbow?

Visit the Spectrem Group at www.spectrem.com/.

Direct download: cw-321-GeorgeWalper.mp3
Category:Podcast -- posted at: 6:54pm EDT

Jason Hartman interviews Dr. Bob Wright, co-author of Transformed! The Science of Spectacular Living and Beyond Time Management: Business with a Purpose, to talk about the science and positive results in personal transformation and finding purpose. Dr. Wright discusses identifying inner yearnings, becoming more engaged, and becoming more aware of our programming (limitations) and changing them. He explains the difference between learning and growing and how to transform our lives by rebuilding neuro pathways in the brain. He also defines the three types of happiness – hedonic, engaged and meaningful – and how to create an intimate relationship with our fears in order to transform. Dr. Wright then talks with Jason about finding deeper purpose in business, creating a more meaningful, more fulfilling experience.


Dr. Robert Wright is a highly successful entrepreneur, world-class executive coach, and dynamic corporate consultant. An internationally recognized author, Dr. Wright is considered a visionary and cutting-edge thinker, speaker, and program developer in the areas of human potential and human emergence technologies. Called a top executive coach by Crain’s Chicago Business, DrWright specializes in helping corporate leaders and entrepreneurs across the country not
only to build and grow their businesses, but also to thrive with purpose, mission, and robust, high-performing cultures.

After selling his top-ranked managed care and employee assistance firm in 1994, Dr. Wright co-founded the Wright Business Institute and Wright in Chicago to help leaders, entrepreneurs, families, individuals, and organizations realize their fullest potential in all areas of life. In his most recent venture, he co-founded and serves as CEO and faculty of the Wright Graduate Institute for the Realization of Human Potential, a graduate school offering masters and doctoral
degrees in human development. Look for Dr. Wright’s work at http://wrightliving.com/.

Direct download: cw-320-BobWright.mp3
Category:Podcast -- posted at: 8:00am EDT

Jason Hartman is joined by investment counselor, Steve, in this episode as they discuss current events from Newser and Zero Hedge.  The talk of a real estate bubble is increasing in volume; however, that issue must be considered in many component parts to be understood, our take… we have a long way to go unless interest rates increase rather dramatically. The Zero Hedge articles include:

 

  • ·        Big Investors Quietly Slip Out The Back Door On Housing As "Stupid Money" Jumps In
  • ·        The last to the party: Investors and flippers competing for small amount of inventory.

 

Next, Jason interviews the Austin, Texas Local Market Specialist (LMS) as they look at investor trends both in and out of the greater Austin MSA.  More at: http://www.jasonhartman.com/properties/

 

Direct download: cw-319-Austin.mp3
Category:Podcast -- posted at: 9:47pm EDT

Anthony Lolli is the CEO at Rapid Realty. He gives us some tell tale buying signs that he sees from his clients. Anthony can tell from a client's behavior if they are saying "yes" when they really should be saying "no." Anthonythinks a client's demeanor can help determine the right type of property for them. Anthony also explains if real estate agents always have resale value of property on their minds when evaluating a potential sale.  

Find out more about Anthony Lolli at http://anthonylolli.com. Visit Rapid Realty at http://RapidNYC.com.

Direct download: cw-318-AnthonyLolli.mp3
Category:Podcast -- posted at: 11:31am EDT

Jason Hartman starts this 317th episode along with Steve as they discuss real estate market conditions and economic factors creating investor urgency.  Then it's a discussion of "Crowd Funding" - a potentially hot new opportunity that came out of the 'Jumpstart Our Business Startups Act' or JOBS Act, a law intended to encourage funding of United States small businesses by easing various securities regulations.

 

It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012.  To help with the discussion client, Chase Insogna, CPA outlines some of the issues.  Chase is Managing Partner & Co-Owner of Insogna & Stewart, CPAs, PC, a licensed CPA firm focusing on delivering paperless & cloud-based technologies to provide professional accounting and tax services for small & medium-size businesses, including entertainment (film & music) and through crowdfunding platforms. To contact Chase, please visit www.iscpapc.com

 
Direct download: cw-317-CrowdFunding.mp3
Category:Podcast -- posted at: 1:02am EDT

Jason Hartman talks with Jed Kolko, chief economist of Trulia, about current trends in buying, selling, and new construction in real estate markets around the country. “We’re seeing the biggest increase in construction on the multi-family side,” Jed shares. He says this is definitely a recovery time in the housing markets, although there are some markets that are investor driven that may not last. One red flag still hovering is the upcoming large foreclosure wave in certain markets around the U.S. Jed also shares where consumers are looking hardest, such as the western part of the country and suburbs. There are some urban neighborhoods experiencing growth, but there is still more population growth and interest in suburban neighborhoods. Jed and Jason also discuss seasonal patterns of buying and selling. For more details, listen at: www.JasonHartman.com.

Jed Kolko, Chief Economist and VP of Analytics, oversees Trulia's research programs. Applying a background in economic development and research methods, he transforms real estate data, economic trends, and public policy debate into digestible insights for home buyers, sellers and renters. In Jed's prior role as Associate Director and Research Fellow at the Public Policy Institute of California, he led research projects and advised policymakers and business leaders on economic, housing and technology policies. Before his work at PPIC, Jed directed Forrester Research's consumer-technology market research, advising corporate executives on technology adoption and demand. Jed has also held positions at the Office of Federal Housing Enterprise Oversight (now FHFA), the World Bank and the Progressive Policy Institute.

 

 

Direct download: cw-316-JeddKolko.mp3
Category:Podcast -- posted at: 12:51pm EDT

Doug Wead has served along side some of the greats in modern American politics. Doug has been close with and written books about several "First Families." Doug's work has been praised by everyone from Ladybird Johnson (wife of LBJ) to former Congressman and Presidential Candidate Ron Paul, whom he served as a senior adviser in the 2012 Republican Presidential Primary.

Doug was an adviser for both Ronald Reagan and George H.W. Bush. Wead also worked with George W. Bush for years leading up to his Presidency

Wead has authored more than thirty books, which are known for their primary sources. He has interviewed six presidents and first ladies, nineteen of the presidents children and twelve presidential siblings.   

During the 2008 Presidential Debates, then Congressman, Dr. Ron Paul impressed Doug Wead with his non-interventionist foreign policy platform and caused him to deviate from the "old right wing" which he had served and written about dutifully for decades. As a senior adviser to Dr. Paul during the 2012 campaign for President, he was regularly featured on CNN, MSNBC and Fox News where he defended Paul's foreign policy and monetary policy, among others.

Since the end of the 2012 election cycle, Doug Wead and Ronnie Paul Jr., eldest son of Dr. Paul, have teamed up to form The Liberty Networking Project. They are dedicated to providing those in the self-dubbed "Liberty Movement" with an opportunity to profit from the unprecedented level of net-based enthusiasm and connectedness generated during the 2008 and 2012 grassroots Presidential campaigns of Congressman Paul.

More information about Doug and Liberty Networkers can be found at

Direct download: cw-315-DougWead.mp3
Category:Podcast -- posted at: 11:13am EDT

Jason Hartman talks with Steve about his recent trip to the British Virgin Islands (BVI) including Necker Island owned by Richard Branson, the founder of the Virgin group of companies.

Jason and Steve discuss the gold crash, goldbugs, the silver markets, Harry Dent's prediction of gold dropping to $750, Peter Schiff's incorrect prediction of gold at $5,000 by the end of Obama's first term. Is Gen Y deflationary?  We'll see.  Other talking points include; judicial foreclosures, streamlining the foreclosure process and price discovery, British Virgin Islands (BVI) asset protection and several other issues.

Direct download: cw-314-FloridaLMS.mp3
Category:Podcast -- posted at: 4:02pm EDT

John Ulzheimer is the President of consumer education at SmartCredit.com. Recently, there was a massive ten-year, $200M credit card fraud scheme, spanning 28 states, eight countries, with 18 people arrested. Ulzheimer breaks down how this happened. He also give us a step-by-step process whereby a fraudster can create a synthetic consumer out of thin air. 

Ulzheimer shares tips for improving your credit score and preventing identity theft. He urges people not to close their old credit cards.

John Ulzheimer is a nationally recognized expert on credit reporting, credit scoring and identity theft. He is the President of Consumer Education at SmartCredit.com and the credit blogger for Mint.com. Formerly of FICO, Equifax and Credit.com, John is the only recognized credit expert who actually comes from the credit industry. He has served as a credit expert witness in more than 125 cases and has been qualified to testify in both Federal and State court on the topic of consumer credit.  Download John’s CV here.

John has 21+ years of experience in the consumer credit industry including positions with Equifax Credit Information Services and Fair Isaac (inventors of the FICO® credit scoring system). He has authored the following educational materials including:

  • You’re Nothing but a Number
  • Common Mistakes Made by Ineffective Credit Expert Witnesses
  • Top 10 Ways to Survive a Deposition
  • The Smart Consumer’s Guide to Good Credit

John has been quoted and published over 1,000 times since 2005 on the topic of consumer credit and has appeared numerous times on CNBC, FOX, CNN, CBS Evening News and Oprah’s “Oprah and Friends” XM Satellite Radio show. He has contributed to CNBC’s “On The Money” and “The Millionaire Inside”, Freddie Mac’s “Know Your Score” campaign, Oprah’s “Debt Diet” series and The Suze Orman Show. He is also a frequent commentator on credit-related issues in various outlets including CNBC, Associated Press, USA TODAY, Los Angeles Times, New York Times, CNN.com, Washington Post, American Banker, Wall Street Journal, SmartMoney.com, MONEY Magazine, Bankrate.com, ABC News Radio, CBS MoneyWatch, and other regional business and consumer media.

Since 2006 John has been a regular guest lecturer at The Westminster Schools in Atlanta and the University of Georgia in Athens. He also volunteers his time to speak about consumer credit to the Georgia Consortium for Personal Financial Literacy and the Atlanta Union Mission. He has also taught courses at Emory University’s Center for Lifelong Learning and guest lectured at The Walker School, both in metro Atlanta.

Visit John Ulzheimer's website at www.johnulzheimer.com.

Direct download: cw-313-JohnUlzheimer.mp3
Category:Podcast -- posted at: 10:05pm EDT

Professor Richard Epstein, pioneering Libertarian legal scholar, joins Jason Hartman to explain how income inequality is good for society, but is very dependent on the methods used to produce the best outcome. The current methods our government are attempting to use are causing job losses, it blocks gains in trade, the need for further public assistance increases, which in turn increases taxes, “yet another implicit drain on voluntary transactions,” Richard illustrates. He provides examples to demonstrate the consequences of equality by egalitarian efforts of our government versus voluntary redistribution.  Listen for more details at:  www.JasonHartman.com.

 

 Richard A. Epstein is the inaugural Laurence A. Tisch Professor of Law at NYU School of Law. He has authored several books, including Design for Liberty: Private Property, Public Administration and the Rule of Law, The Case Against the Employee Free Choice Act, Supreme Neglect: How to Revive the Constitutional Protection of Property Rights, and many more. Richard has written numerous articles on a wide range of legal and interdisciplinary subjects. He has taught courses in administrative law, antitrust law, civil procedure, communications, constitutional law, contracts, corporations, criminal law, employment discrimination law, environmental law, food and drug law, health law and policy, legal history, labor law, property, real estate development and finance, jurisprudence, labor law; land use planning, patents, individual, estate and corporate taxation, Roman Law; torts, and workers' compensation.

 

He also writes a legal column, the Libertarian, found at http://www.hoover.org/publications/defining-ideas/libertarian-archives, and is a contributor to Ricochet.com and the SCOTUSblog.

 

Direct download: cw-312-RichardEpstein.mp3
Category:Podcast -- posted at: 3:27pm EDT

CW 311: National Debt & Grassroots Political Campaigns with Dean Clancy VP of Public Policy for FreedomWorks

Jason Hartman interviews Dean Clancy, the Vice President of Public Policy of a grassroots movement called FreedomWorks, to discuss many hot topics and issues that our country is facing. Dean talks about the fiscal cliff and the ramifications of the policies pushed through on New Year’s Eve, and the money being thrown at special interests in typical bloated government fashion. Dean stresses the importance of voter participation and discusses some radical options to turn around the debt crisis and decentralize the system. He states there is more incentive in government to do the wrong thing than what is actually best for our country and its citizens.

 

FreedomWorks’ aggressive, real-time campaigns activate a growing and permanent volunteer grassroots army to show up and demand policy change. They believe individual liberty and the freedom to compete increases consumer choices and provides individuals with the greatest control over what they own and earn. They lead the fight for lower taxes, less government, and more freedom.

 

Dean Clancy is FreedomWorks’ Legislative Counsel and Vice President, Health Care Policy. He leads our efforts to reverse the government takeover of health care and adopt a patient-centered approach. Clancy has served as the top White House budget official on health care, Medicare, Social Security, and other major government spending programs; as executive director of the President’s Council on Bioethics; and as a senior policy advisor to the congressional leadership. Clancy boasts an impressive resume a deep expertise on a broad range of domestic and fiscal policy subjects. Jokingly referring to himself as a "recovering Washington insider," Clancy works closely with Members of Congress, grassroots activists, and the public to defend and strengthen the world's best health care system and reduce government interference in the doctor-patient relationship.

 
Direct download: cw-311-DeanClancy.mp3
Category:Podcast -- posted at: 8:44pm EDT

CW 310: Journey to Success with Jack Canfield NY Times Bestselling Author of the ‘Chicken Soup for the Soul’ Series

On this episode, Jason Hartman is joined by Jack Canfield, America’s #1 Success Coach, to talk about Jack’s journey to success as founder and CEO of Chicken Soup for the Soul Enterprises, founder and chairman of The Canfield Training Group, and his latest project, Bestseller Blueprint Training Program.  

As the beloved originator of the Chicken Soup for the Soul® series, Jack Canfield fostered the emergence of inspirational anthologies as a genre - and watched it grow to a billion dollar market. As the driving force behind the development and delivery of more than 123 million books sold through the Chicken Soup for the Soul® franchise (and over 500 million copies in print worldwide), Jack Canfield is uniquely qualified to talk about success.

His proven formula for success reached global acclaim with his most recent National Bestseller, The Success Principles™: How to Get from Where You Are to Where You Want to Be. Jack is a multiple New York Times bestselling author, including titles such as The Power of Focus, The Aladdin Factor, Dare to Win, You’ve Got to Read This Book! and The Key to Living the Law of Attraction.

Direct download: cw-310-JackCanfield.mp3
Category:Podcast -- posted at: 9:39pm EDT

CW 309: A Personal Journey from the .COM Crash to the Real Estate Crash with Roger Salam Founder and CEO of Winners Circle

Join Jason Hartman as he talks with real estate investor and Winners Circle founder and CEO, Roger Salam about Roger’s journey from going bust in the dot com business to becoming a successful real estate investor until the housing bubble burst.

Roger began this journey by investing in himself before investing in properties, but as he said, “I was getting ready to get ready to get ready, and I was so scared to pull the trigger for the first house.” Finally, with the help of a mentor, he purchased his first property…in a war zone of drug dealers and thugs.

He shares his experiences of cleaning up the neighborhood, building relationships and putting together a team of other investors. He started investing in higher quality neighborhoods and began working with hard-money lenders. Roger’s venture grew until it became nationwide, but the housing bust led to him unraveling his portfolio. Jason and Roger talk about the bad deals created by the banks and the shift in real estate deals that have created better opportunities for investors. Roger’s experiences taught him a lot and led him to create The Winners Circle.

Direct download: cw-309-RogerSalam.mp3
Category:Podcast -- posted at: 8:49pm EDT

CW 308: Cyprus Bailout & The Race to Debase Currencies with John Rubino of TheStreet.com and DollarCollapse.com

Jason Hartman and John Rubino of DollarCollapse.com tackle the latest hot EU issue happening in Cyprus with the potential implosion of the Cyprian banking system. John discusses what is on the table to bail out Cyprus and the consequences of any deals reached. He also shares his outlook for Japan, the U.S. and other countries around the world, including the race to debase currencies and the run to gold.

John Rubino manages the popular financial website DollarCollapse.com. He is co-author, with GoldMoney’s James Turk, of The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.

Direct download: cw-308-JohnRubino.mp3
Category:Podcast -- posted at: 1:58pm EDT

CW 307: Gold Market Corrections & An Uncertain Future for Fannie Mae and Freddie Mac with Jim Rogers

Jason Hartman is joined by Jim Rogers, who is returning to the show a second time, to talk about Jim’s thoughts on several issues. Jim discusses the possibility of a major correction in the gold market, cautioning that it is not normal to have so many speculators rushing in right now. He gives his opinion on Fannie Mae and Freddie Mac, stating that eventually Congress may have to get rid of them and he doesn't see how they can continue to survive.

Jim gives his insights on real estate markets and the possible ramifications and benefits if Fannie and Freddie were gone. He also talks about the direction of home-building, and his opinion of the so-called “recovery” in our country, noting that certain sectors are doing quite well.

Direct download: cw-307-JimRogers.mp3
Category:Podcast -- posted at: 7:00pm EDT

CW 306: Central American Real Estate Investment Markets with Jason Hartman Podcasting from San Pedro, Belize

Jason Hartman just returned from his second real estate scouting trip to Belize and doesn't have much to show for it in terms of cash flowing income properties.  In this episode you'll hear his discussion from the beach in Ambergris Caye, San Pedro, Belize with a developer who is active in four countries in the region.

Direct download: cw-306-MikeCobb.mp3
Category:Podcast -- posted at: 1:00pm EDT

CW 305: American & International Real Estate Investing plus Judicial vs Non-Judicial Foreclosures with Investment Counselor Steve

Jason Hartman covers several issues in this episode including; American vs. international real estate investing, keeping ROI score, maintaining emotional stability, judicial vs non-judicial foreclosures, and much more with investment counselor, Steve.

Direct download: cw-305-JasonSteve.mp3
Category:Podcast -- posted at: 12:21pm EDT

CW 304: Nominal Dollars vs Real Dollars & Understanding Investor Psychology with Investment Counselor Sara

Jason Hartman talks with investment counselor, Sara, about investor psychology, overcoming obstacles and getting out of our own way.  The smoke-and-mirrors propaganda perpetuated by mainstream media (lamestream media as Sarah Palin says) in reporting the new high in the Dow Jones Industrial Average (DJIA).  

They almost always fail to distinguish between nominal dollars and real dollars.  Jason illustrates how investors have actually lost money in inflation adjusted dollars and how the Dow has to increase a lot more before investors break even based on the two peaks.  This lie is even worse when one considers how inflation is underreported in the consumer price index (CPI and CPI-U) due to weighting, substitution and hedonics (the hedonic index).  Another misrepresentation is the 'core rate' or 'core inflation' which strips out food and energy because they're too volatile.

Direct download: cw-304-LenderPanel.mp3
Category:Podcast -- posted at: 1:00pm EDT

CW 303: Visualizing Finance with Carl Richards Author of ‘The Behavior Gap: Simple Ways to Stop Doing Dumb Things With Money’

It is possible to illustrate complex financial concepts and Jason Hartman interviews author/artist, Carl Richards, who developed a way to do this and led to his book, The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money.  Carl creates simple sketches that help people understand financial concepts, which he refers to as Visualizing Finance. People are primarily visual learners and Carl found that as he made the concepts visual, it was easier to communicate them to others effectively.

He shares some of these visualizations, such as the market cycles, explaining the terms he uses and the psychology behind the buy/sell behaviors in the stock market. Using a Venn diagram, he is able to help people realize what they have control over and what they don’t, whether it’s investments or business, and enabling them to make better decisions and simplify their financial life.

Carl became an accidental artist with his simple sketches that make complex financial concepts easy to understand for thousands of people every week on The New York Times Bucks blog. Richards’ art had its first showing at the Kimball Art Center, in Park City, Utah. His commissioned work is on display in businesses and educational institutions across the country.

Direct download: cw-303-CarlRichards.mp3
Category:Podcast -- posted at: 8:10am EDT

CW 302: Free Markets vs Big Government with Steve Forbes Editor-in-Chief of Forbes Media and Author of ‘Freedom Manifesto’

Jason Hartman is joined on this episode by Steve Forbes, the editor in chief of Forbes Media, to propose and attempt to answer the question:  Why does government get bigger and bigger when we know it doesn’t work well? Mr. Forbes states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs.

In his book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of “rigidity and scarcity.” At the same time, it opens the door to corruption.

Mr. Forbes discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr. Forbes also talk about current economic issues, including the bubbles that the Fed continues to create in the bond market and housing. “When government undermines money, bad things happen,” laments Mr. Forbes. “When government says it’s here to help, watch out!”

Direct download: cw-302-SteveForbes.mp3
Category:Podcast -- posted at: 8:10am EDT

CW 301: Geopolitical Outlook & Income Property Investing with Bud Conrad Author and Chief Economist of Casey Research

Jason Hartman interviews Bud Conrad, Chief Economist of Casey Research, regarding the geopolitical focal points in our world, funneling these down to how it all affects the United States. Bud mentions the importance of looking at the big picture of what is happening in the world, particularly China becoming the new “mover” in the world, Japan’s apparent desire to destroy its currency, new technology, government overreach, who benefits from inflationary measures and monetary policy, and much more.

Author of the new book Profiting from the World's Economic Crisis, Bud Conrad holds a Bachelor of Engineering degree from Yale and an MBA from Harvard. He has held positions with IBM, CDC, Amdahl, and Tandem. Currently, he serves as a local board member of the National Association of Business Economics and teaches graduate courses in investing at Golden Gate University. Bud, a futures investor for 25 years and a full-time investor for a decade, is also a regular lecturer for American Association of Individual Investors and a frequent contributor on Fox Business News. In addition,  he produces original analysis for Casey Research, including unique charts and research on the economy and investment markets.

Direct download: cw-301-BudConrad.mp3
Category:Podcast -- posted at: 5:52am EDT

CW 300: Maximizing our Potential with Dr. Judith Wright Bestselling Author of ‘Soft Addiction Solutions'

Today we’re celebrating our 300th episode of The Creating Wealth Show and wish to thank our loyal listeners and all of our fantastic guests who have made this show a success! 

Direct download: cw-300-JudithWright.mp3
Category:Podcast -- posted at: 3:29pm EDT

CW 298: America's Economic Outlook with John Mauldin Author and Publisher of ‘Thoughts From the Frontline’

On this show, Jason Hartman talks with one of his investment counselors about current events, welcomes a guest caller and also brings to our listening audience the economic outlook from renowned financial expert, John Mauldin.  Mauldin discusses “spending rearrangement”, a restructuring of our country’s spending problem and tax code, and how the election outcome influences the direction of that restructuring. The larger the government becomes, the smaller the private sector becomes – not an ideal situation for economic recovery in the U.S. Mauldin gives his insights and the possible scenarios and outcomes that could happen, depending on whether or not the deficit problem is truly solved, touching on investments, job creation, tax issues and trade deficits.

John Mauldin is also a New York Times best-selling author and a pioneering online commentator. Each week, over one million readers turn to Mauldin for his penetrating view on Wall Street, global markets and economic history. Mauldin’s weekly e-newsletter, Thoughts from the Frontline, was one of the first publications to provide investors with free, unbiased information and guidance.  Today, it is the most widely distributed investment newsletter in the world.

Mauldin is a frequent contributor to publications including The Financial Times and The Daily Reckoning, as well as a regular guest on CNBC, Yahoo Tech Ticker, and Bloomberg TV. His best-selling books include Bull’s Eye Investing, Just One Thing and Endgame, as well as his recently released update to Bull’s Eye Investing – The Little Book of Bull’s Eye Investing.

Direct download: cw-298-JohnMauldin.mp3
Category:Podcast -- posted at: 5:52pm EDT

CW 297: Overseas Income Property Investing & IRS Audit Risks with Jason Hartman and Investment Counselor Steve

Join Jason Hartman and investment counselor, Steve, as they discuss a few news topics critical to your success as a real estate investor. Jason and Steve start by discussing a recent article by Kiplinger’s that discusses the top IRS audit red flags.  

Income property investors should be cautious when claiming rental losses and the home office deduction, as these are frequent themes in IRS audits. Then another look at how 15 billion dollars in gold was recently repatriated from JP Morgan’s vaults in London.  Is this the sign of imminent economic collapse?  

As are many, this particular listener expressed concern about governments seizing rental properties in the event of extreme fiscal crisis.  Is diversifying over seas a way to hedge against this risk?  Jason lays out the reasons why the US, no matter the fiscal threat, is still the best place in the world to buy income producing real estate.

Direct download: cw-297-JasonSteve.mp3
Category:Podcast -- posted at: 9:08am EDT

CW 296: Key Takeaways & Best Practices from the ‘Meet the Masters of Real Estate Investing’ Seminar

Join Jason Hartman as he discusses some good takeaways from attendees, speakers and panel discussions at Meet The Masters of Income Property.

Here's a sampling:

• Best Practices in Property Management
• Jason Hartman: The Next 10 Commandments
• Market Profile: Atlanta, Georgia
• The Power of Analysis
• Market & Property Evaluation
• Entity Structures for Asset Protection
• Cost Effective Property Insurance Nationwide
• Market Profile: St. Robert, Missouri
• Mortgage Lender Panel - Overcoming Challenges: The Good, The Bad and The Ugly
• Financing Investment Real Estate
• Getting Your Investments Organized for Success
•    Peter - Tax Strategies of Wealthy Investors
•    Reed - Market Profile: San Marcos, Texas
• The Power of Exchange: IRS 1031 Best Practices
• Mortgage & Financial Planning
• Market Profile: St. Louis Missouri
• Income Property in Your IRA & Roth Conversion

Direct download: cw-296-MTM.mp3
Category:Podcast -- posted at: 8:17am EDT

Jason Hartman is joined by author and real estate investor, Barb Getty, as she talks about her journey into real estate investing, what it takes to be a good landlord or property manager, how to find and keep great tenants, and explains the eviction process.  

The second of four children, Barb was born and raised in Gary, IN.  She graduated cum laude from Purdue and married soon after. After seven moves in nine years of marriage, her family settled in Indianapolis.

Tragedy struck in 1992 when her 17-year-old son was killed in a car accident.  Her daughters were 16 and 14 at the time.  Sadly, Barb’s 21-year marriage ended eight months after Todd’s death.  She bought a small home needing repairs, and following the fix-up, she and her daughters moved in.

Pleased with that first project, Barb purchased her first duplex (with little money, no credit and no experience), hoping she had the wherewithal to be a landlord.  Today, she owns 27+ units -- a mix of single and multi-family, low and middle income rentals.  CNBC.com  interviewed her recently and the article also appeared in USA Today.   Barb has also added high-end property management, consulting and speaking engagements to her business.

Although she hasn’t had an easy road, Barb is both financially and emotionally invested in her work.  She invites people to watch a video showing scenes she faces as a landlord in the inner city.  It’s very compelling.  Barb authored The Landlord Chronicles:  Investing in Low and Middle Income Rentals, published in 2010. Armed with a positive attitude and a strong sense of humor, Barb Getty is making a difference in her tenants’ lives, the neighborhood and the city as well.

Direct download: cw-295-BarbGetty.mp3
Category:Podcast -- posted at: 12:38pm EDT

Jason Hartman and prior guest, Jonathan Emord, get together once again to talk about current issues affecting our rights, beginning with the damaging and highly intrusive passing of the tax provision of Obama’s healthcare plan. This has created a fissure in the Constitution, a horrible outcome that opens a door to the government violating our civil liberties. Jonathan breaks down the consequences of the violations, such as our liberty to choose and right to privacy in the interest of a government mandate that only benefits the government. Moving on to TSA, Jonathan divulges the massive problems with this act.

“The TSA is an institution that is riddled with corruption and riddled with abuse,” he explains. The elderly, pregnant women, infants and disabled individuals with no record of criminal activity are being subjected to humiliating and highly intrusive searches all over the U.S. Jonathan defines the difference in tactics from a defensive position versus an offensive position, with the latter producing far better results.

He advocates training the citizenry to be more aware of suspicious behavior and to better defend themselves.  Jonathan gives an update on the work against the FDA and the First Amendment.

Jonathan W. Emord is one of the nation’s leading free speech attorneys. He has defeated the Food and Drug Administration a remarkable eight times in federal court, more times than any other attorney in American history, earning him the title, “FDA Dragon Slayer.” He is the 2007 recipient of the Cancer Control Society’s Humanitarian Award for “winning and preserving our great civil rights to life, to liberty, and to health freedoms.” He is the only non-scientist ever appointed to the Certification Board for Nutrition Specialists and serves as that organization’s Vice Chair.

In 2010, he became the first person awarded the title “Honorary Nutrition Specialist” by the CBNS. Congressman Ron Paul says “[a]ll freedom-loving Americans are in debt to Jonathan Emord for his courtroom [victories]” and calls him a “hero of the health freedom revolution.” Formerly an attorney in the Reagan Administration’s Federal Communications Commission, Emord has practiced constitutional and administrative law in Washington, D.C. for the past twenty-five years. He has been a Guest Lecturer, Georgetown University, Department of Biochemistry, Course in Nutrition.

Direct download: cw-294-JonathanEmord.mp3
Category:Podcast -- posted at: 9:01am EDT

When the United States stopped backing dollars with gold in 1968, the nature of money changed, becoming the fiat currency system that has now put the world into an unprecedented recession.

Jason Hartman is joined by returning guest, Richard Duncan, to talk about how we are in danger of a global Great Depression and how we can stop it. Richard’s previous book talked about the inevitable collapse of the dollar, and his new book discusses “a new theoretical construct, The Quantity Theory of Credit, that is the key to understanding not only the developments that led to the crisis, but also to understanding how events will play out in the years ahead.”  

Richard explains how the expansion of credit eventually implodes and the dangers of the contraction of credit. Richard Duncan is the author of three books on the global economic crisis. The Dollar Crisis: Causes, Consequences, Cures (John Wiley & Sons, 2003, updated 2005), predicted the current global economic disaster with extraordinary accuracy. It was an international bestseller.

His second book was The Corruption of Capitalism: A strategy to rebalance the global economy and restore sustainable growth. It was published by CLSA Books in December 2009. His latest book is The New Depression: The Breakdown of the Paper Money Economy (John Wiley & Sons, 2012). Since beginning his career as an equities analyst in Hong Kong in 1986, Richard has served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis. He is now chief economist at Blackhorse Asset Management in Singapore.

Direct download: cw-293-RichardDuncan.mp3
Category:Podcast -- posted at: 2:37pm EDT

Jason Hartman talks with a listener about local vs. long distance real estate investing and how geography is less meaningful than ever before in history.  Then today’s guest is loan manager, stock trader and financial columnist, Logan Mohtashami with a no-spin discussion on the fiscal cliff and other current events.

Logan Mohtashami is a senior loan officer at his family owned mortgage company AMC Lending Group, which has been providing mortgage services for California residents since 1988. Logan is also a financial columnist for Benzinga.com and contributor for BusinessInsider.com and writes on financial matter relating to the housing market and basic economics.

Direct download: cw-292-LoganMohtashami.mp3
Category:Podcast -- posted at: 6:37am EDT

Jason Hartman is joined by returning guest and best-selling author of The Creature from Jekyll Island, G. Edward Griffin, for a discussion of the hot topic of the United States’ “fiscal cliff.”  

As Mr. Griffin shares, the fiscal cliff is nothing new.  It has been there for roughly 50 years and applying a name to it now is a scare tactic by the government.  Mr. Griffin talks about fractional reserve banking and how it has led to the economic mess our country and world are in today.  It is no longer a fractional reserve; it is at zero reserve and Mr. Griffin feels the economy is going to collapse from all of the borrowing to pay old debt.  This will lead to a fully regimented society, which Mr. Griffin describes as drifting toward totalitarian, a scary concept.  

He goes on to discuss short and long term ways to protect ourselves, preserving any wealth one might have, and being prepared as much as possible for anything that may come to pass.  He feels the Fed will continue to inflate, raise taxes for a while, and then probably cut taxes again at some point.  It will be more of the same, more and more governmental control over our lives, more and more money created out of nothing, and less and less freedom.  

G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit. Listed in Who’s Who in America, he is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations.

His better-known works include The Creature from Jekyll Island, World without Cancer, The Discovery of Noah’s Ark, Moles in High Places, The Open Gates of Troy, No Place to Hide, The Capitalist Conspiracy, More Deadly than War, The Grand Design, The Great Prison Break, and The Fearful Master.

Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. In preparation for writing his book on the Federal Reserve System, he enrolled in the College for Financial Planning located in Denver, Colorado. His goal was not to become a professional financial planner but to better understand the real world of investments and money markets. He obtained his CFP designation (Certified Financial Planner) in 1989.

Direct download: cw-291-GEdwardGriffin.mp3
Category:Podcast -- posted at: 6:51pm EDT

The study of aging has always been fascinating, and in today’s society, we have found ways to look and feel younger.  Is it possible that science has evolved to the point that in the very near future we will all live longer, healthier lives?  Jason Hartman’s guest, Sonia Arrison, says yes.  

Advances in gene therapy, stem cell research and personalized medicine means that the human lifespan is ever increasing. Sonia wants to make people aware that we need to push for longevity.  Sonia Arrison is the author of 100+, How the Coming Age of Longevity Will Change Everything from Careers and Relationships to Family and Health. She addresses diseases that increase aging, making the distinction between lifespan and healthspan and explains different studies, including observing how various conditions affect human genomes.  She also talks about the engineering of new body parts from stem cells, spray-on skin used by the military, and more.  

Sonia and Jason discuss the effects of healthy longevity on relationships, such as having a bigger generational impact on families, and the economic impact. Sonia Arrison is a bestselling author and technology analyst who has studied the impact of new technologies on society for more than a decade. Her book is a national bestseller and has been featured in top media outlets such as the Wall Street Journal, The Economist, MSNBC, Bloomberg News, Fox News, CBS, and the Today Show.  

As a founder, academic advisor, and trustee at Singularity University, she is focused on exponentially growing technologies and their impact on society.  She is a columnist for TechNewsWorld and was formerly director of the Technology Studies department at the Pacific Research Institute (PRI) in San Francisco. 

Direct download: cw-290-SoniaArrison.mp3
Category:Podcast -- posted at: 2:49pm EDT

Coming to us from London, Max Keiser joins Jason Hartman for a fast-paced interview about what is going on in our world with GDP, the debt ceiling and debt loads, gold and silver markets, and currency collapse.

Max is the host of “The Oracle with Max Keiser” for BBC World News and the author of the Keiser Report.  Jason and Max discuss how long the world governments can put off the inevitable collapse of the fiat money produced by the central banks. Max talks about the various currencies around the world and which countries are set to implode.  

Other topics that Max covers are countries that are losing their sovereignty, basically being held hostage and managed by entities outside of their own country, such as the IMF and Central Banks, how bonds play a role in this issue, and the edging toward a global tax. Max talks about the many ways that the world is being led into a globalized currency, which is not a theory, but happening in real time.

In addition to hosting the show and authoring the Kesier Report, Max is a blogger for the Huffington Post, and he has also presented features for the “People and Power” new magazine series on Aljazeera English. Max Keiser is the creator, co-founder and former CEO of HSX Holdings/Hollywood Stock Exchange, later sold to Cantor Fitzgerald.

He is also the co-founder of HSX films that went on to make almost a dozen films, including "Mixed Signals," "Six-String Samurai," "Dancer, Texas Pop. 81," and "girl." The company was then sold to Ignite Entertainment/Lionsgate. Max designed, scoped, and built the Hollywood Stock Exchange with Michael Burns. Max was awarded a US patent (number 5950176) for the 'Virtual Specialist Technology" on which the Hollywood Stock Exchange operates. He created virtual securities; MovieStocks, and StarBonds and created the first fully convertible virtual currency, the Hollywood Dollar. The Hollywood Stock Exchange remains the highest volume stock exchange in the world.

Direct download: cw-289-MaxKeiser.mp3
Category:Podcast -- posted at: 1:51pm EDT

On this episode, Jason Hartman interviews Dave Krieger, author of Clouded Titles, and an investigative journalist, for a fascinating look at the MERS mess, the foreclosure crisis, and get Dave’s outlook on things. Dave says there are an anticipated 4 million homes yet to go into foreclosure.

Dave explains some of the problems happening across the country with titles, defining “quiet title,” that he says homeowners tend to look at as a silver bullet to clear a title. He cautions these homeowners to seek legal counsel before considering this option. Dave also talks about the issues surrounding MERS (Mortgage Electronic Registration Systems) that have left many homeowners in trouble, and caused problems for title companies and investors. The biggest problems with this come when investors are trying to buy properties at foreclosure auction. Buried in the mortgage paperwork are statements that allow MERS to foreclose, leaving title companies to scramble to stop the action and coming up against clouded titles missing legal descriptions and other information, causing serious problems for investors.

Dave Krieger is a former major market radio news reporter and news director and television news reporter/anchorman and investigative journalist, who won national and state news awards from Associated Press Broadcasters. Dave was a former member of Radio and Television News Directors Association.

Dave began studying law in early 1990; specializing in real estate, tort, consumer credit and collection issues. His first self-published work, The Credit Restoration Primer, a 263-page, self-help, credit repair book, was first released in 1995 and is now entering its 4th Edition. Dave currently serves as a paralegal and legal research analyst for Wade Kricken, an attorney in Dallas, Texas, who specializes in consumer and real estate law and foreclosure defense.

Direct download: cw-288-DaveKrieger.mp3
Category:Podcast -- posted at: 9:25am EDT

Jason Hartman is joined by Larry Muck, the Executive Director of the American Association of Private Lenders, to talk about the AAPL’s history, mission and vision.  Larry explains what private lenders are doing for people that the banks can’t do, and how the AAPL is trying to organize the efforts of private lending.  

AAPL was formed to help raise the standards in the industry and develop a brand that could be used by private lenders to prove credibility and trust.  Larry also discusses the needs of investors and the various tools now available to support investors and lenders.

Larry shares his passion for fair dealing and excellence in lending as the Executive Director of the American Association of Private Lenders. He brings to this position the experiences gained through a 30 year career in banking.  

During that span, he served in many leadership and lending capacities, including serving as Executive Vice President for a regional bank with a $220 million portfolio of commercial, consumer, construction, and mortgage loans.  Additionally he served as Community President for Gold Bank in Saint Joseph, Missouri and transitioned to Regional EVP with Marshall and Ilsely Bank in Kansas City. His well rounded background includes experience in Loan Review and serving for two years as the Corporate Training Director for a $15B regional bank holding company.

Throughout his career, Larry has had a passion for community service, serving in various leadership capacities with organizations such as United Way, the Allied Arts Council, St. Joseph Preservation, Inc. and many others.  His interests lie in all outdoor sporting activities, basketball, and cooking.

His passion for music and serving Christ led him to serve as guitarist and backup vocalist for his church’s worship band for five years.  He received his secondary education through the University of Kansas, home of the fabulous KU Jayhawks Basketball team, and completed both his undergraduate and master degrees in Business Administration there.

Direct download: cw-287-LarryMuck.mp3
Category:Podcast -- posted at: 6:25pm EDT

CW 286: Deceptive Foreclosure Statistics with Sean O’Toole Founder of Foreclosure Radar

Tracking foreclosure stats and trends can be deceiving due to shadow inventory. Jason Hartman’s guest, Sean O’Toole, founder of Foreclosure Radar, explains the foreclosure rate, the “foreclosure hangover,” the slow increase in home prices, and much more.

Sean and Jason also talk about the price differences and inventory in the California markets, and the fallacy of a “Foreclosure Wave” in the nation, regardless of who is nominated in the Presidential election. Sean defines the judicial and non-judicial markets and all of the distractions that have slowed down our recovery. He defends the MERS system, despite its flaws, because our current system is completely broken.

Prior to launching ForeclosureRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures. Leveraging 15 years in the software industry, Sean used technology as a key competitive advantage to build his successful real estate investment track record. Sean has always thrived in startup environments, and as such, became a key contributor at Xing Technology (acquired by Real Networks), ISI/GlobalCenter (acquired by Global Crossing), and Icarian, Inc.(acquired by Workstream, Inc.).

With his extensive experience in computers, software development, and business processes, Sean moved easily into VP and Director level positions in engineering, product management, sales, marketing and operations. Sean also served as President of the OpenMPEG Consortium, which brought together 32 companies to define industry standards for video on personal computers.

Direct download: cw-286-SeanOToole.mp3
Category:Podcast -- posted at: 8:23am EDT

Jason Hartman and Karl Deninger, author of Leverage and his blog, “The Market Ticker,” get together to discuss the economic structural imbalances around the world. Karl started “The Market Ticker” to warn investors about impending ruptures in the stock market after he figured out the illegal methods happening in the tech boom and crash that left many of his friends bankrupt.

He stresses the importance of knowing how we got where we are today and offers solutions to actually put the system back together on a sustainable basis. In his book, Leverage, Larry explains the problem in that all geometric systems are unsustainable for the long term, such as Medicare/Medicaid, trade deficits, deflation from productivity, deflation of fiat money, and much more.

Mr. Denninger is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public.

Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.He has been a full-time trader since 1998, author of The Market Ticker (http://market-ticker.org), a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Direct download: cw-285-KarlDenninger.mp3
Category:Podcast -- posted at: 8:10am EDT

Private equity is a type of investing where you deploy capital in companies privately rather than in the public market. Here to talk about this subject with Jason Hartman is David Carey, author of King of Capital, and senior writer for “The Deal.” David explains the various forms, including injecting money into companies to help them grow faster, and the most common form, a leverage buyout (LBO).

In an LBO, private equity firms are not responsible for paying down the debt, unlike a homeowner who pays off a mortgage. Instead, the company that is being acquired takes on the debt and retires it over time using its own cash flow. David notes that most private equity firms outperform stocks and bonds by a wide margin, not just through the use of leverage, but also from improving the profitability of the companies they acquire. David goes on to share his thoughts on the attacks on private equity, Bing Capital and Mitt Romney.

Dispelling the political negative caricature of the private equity business, David shares how these firms have helped numerous companies prosper, allowing for quicker new job growth. Bing Capital was an exception, having piled on too much debt, and naturally, the Obama campaign took a potshot at the firm and private equity firms in general.

DAVID CAREY is senior writer for The Deal, a news service and magazine covering private-equity and mergers and acquisitions. Before joining The Deal, he was the editor of Corporate Finance magazine and wrote for Adweek, Fortune, Institutional Investor, and Financial World. Carey has appeared often on CNBC. He holds two masters degrees: one in French literature from Princeton and a second in journalism from Columbia. He earned his bachelor’s degree at the University of Washington.

Direct download: cw-284-DavidCarey.mp3
Category:Podcast -- posted at: 2:36pm EDT

Between 1980 and 2000, the wealth of our nation grew enormously. Interest rates dropped, dot com businesses grew, and then the housing market was rocketing. We then went into a tricky period where overall net worth grew a bit until the dot com crash; the middle class was sustained to some degree by the housing boom, and then dropped sharply with the housing crash. Dr. H. Woody Brock, President and Founder of Strategic Economic Decisions and author of American Gridlock, joins Jason Hartman for an in-depth explanation of the financial health of our nation across social classes.

Dr. Brock discusses the nation overall and then breaks it down into the rich, the middle class, and the poor. The distribution of wealth have left the poor worse off and the rich very well off, as well as shrinking the middle class, but as Dr. Brock explains, looking at the distribution of consumption, the poor and middle classes are in a better position than when looking at the distribution of income.

Dr. Brock also expounds on QE3, the Federal Reserve actions, bank reserves, de-leveraging, and more. He wraps up on the subject of his book, American Gridlock: Why the Right and Left are Both Wrong.

Founder of Strategic Economic Decisions (SED), Inc., Dr. Horace “Woody” Brock specializes in applications of the modern Economics of Uncertainty (originally developed and championed by Kenneth J. Arrow of Stanford University) to forecasting and risk assessment in the international economy and its asset markets.

Holder of five academic degrees, Dr. Brock earned his B.A., M.B.A., and M.S. (mathematics) from Harvard University, and his M.A. and Ph.D. from Princeton University (mathematical economics and political philosophy). He was elected an Andrew Mellon Foundation Bicentennial Fellow of the Aspen Institute in 1976. Dr. Brock studied under Kenneth J. Arrow, Professor of Economics, and John C. Harsanyi, Professor of Economics, University of California, Berkeley, both winners of the Nobel Prize in Economics. Dr. Brock founded SED in 1985, and in doing so was sponsored by Fidelity, GE Capital, IBM Pension Fund, and twenty other institutions looking for a much deeper level of analysis of interest rates and the economy.

In its research, SED has focused on apprehending ongoing structural changes in the economy and markets to help clients avoid the pitfalls of illegitimately extrapolating the past into the future. In this regard, Dr. Brock has worked closely with Professor Mordecai Kurz of Stanford University in developing the new theory of Rational Beliefs that is now replacing the classical theory of “Efficient Markets”. This new theory explains for the first time the way in which history rhymes but does not repeat itself.

Direct download: cw-283-WoodyBrock.mp3
Category:Podcast -- posted at: 8:27am EDT

Jason talks briefly about some upcoming events and Creating Wealth shows.

Direct download: cw-announcements.mp3
Category:Podcast -- posted at: 7:59am EDT

With the November Presidential election right around the corner, nothing could be more timely or more important than understanding the electronic voting system and the risk to our right for a fair and honest voting system. Jason Hartman interviews Black Box Voting founder, Bev Harris, who was featured in the HBO documentary, “Hacking Democracy,” and has been researching and writing on the subject of electronic voting since 2002 after she discovered that U.S. Senator Chuck Hagel had ownership in and had been CEO of the company that built the machines which counted his own votes.

Bev shares the seriousness of the situation, explaining that the monopoly on the manufacturing of the machines gives the corporate owners (shareholders) complete control over voting outcomes, and that the structural problems with electronic voting prevent the public from being able to authenticate.

Vanity Fair magazine credits Bev Harris with founding the movement to reform electronic voting. Time Magazine calls her book, Black Box Voting, "the bible" of electronic voting. The Boston Globe has referred to her as "the godmother" of the election reform movement. Her articles were among the first to reveal that modern-day voting systems are run by private for-profit corporations, relying on a few cronies for oversight, using a certification system so fundamentally flawed that it allows machines to miscount and lose votes, with hidden back doors that enable "end runs" around the voting system.

Bev’s investigations have led some to call her the "Erin Brockovich of elections." (Salon.com) In 2003, just weeks after a stunning electoral upset in Georgia that tipped control of the U.S. Senate, she discovered 40,000 secret voting machine files -- including a set of files called "rob-georgia," containing instructions to replace Georgia's computerized voting files before the election.

The files she found contained databases with votes in them and the voting machine programs themselves. She downloaded the files on Jan. 23, 2003 and set them free on the Internet a few months later, where they were studied by scientists and security experts.

Direct download: cw-282-BevHarris.mp3
Category:Podcast -- posted at: 3:26pm EDT

Jason Hartman has his mom back on the show to discuss her DIY property management/self-management strategies and one of her tenants who has occupying a property for 23 years - no vacancy! Then Jason interviews his Birmingham, Alabama Local Market Specialist (LMS) and talks to a caller/listener with some good real estate investing questions.

Here's an excerpt from Wikipedia on this market:

Birmingham is the largest city in Alabama. The city is the county seat of Jefferson County. The city's population was 212,237 according to the 2010 United States Census. The Birmingham-Hoover Metropolitan Area had a population of about 1,128,047 according to the 2010 Census, which is approximately one-quarter of Alabama's population. Birmingham was founded in 1871, during the post-Civil War Reconstruction period, through the merger of three pre-existing farm towns, notably, former Elyton.

It grew from there, annexing many more of its smaller neighbors, into an industrial and railroad transportation center with a focus on mining, the iron and steel industry, and railroading. Birmingham was named for Birmingham, one of the major industrial cities of the United Kingdom. Many, if not most, of the original settlers who founded Birmingham were of English ancestry. In one writer's view, the city was planned as a place where cheap, non-unionized, and African-American labor from rural Alabama could be employed in the city's steel mills and blast furnaces, giving it a competitive advantage over industrial cities in the Midwest and Northeast.

From its founding through the end of the 1960s, Birmingham was a primary industrial center of the South. The pace of Birmingham's growth during the period from 1881 through 1920 earned its nicknames The Magic City andThe Pittsburgh of the South. Much like Pittsburgh, Birmingham's major industries were iron and steel production, plus a major component of the railroading industry, where rails and railroad cars were both manufactured in Birmingham. In the field of railroading, the two primary hubs of railroading in the Deep South were nearby Atlanta and Birmingham, beginning in the 1860s and continuing through to the present day. The economy diversified during the later half of the twentieth century. Though the manufacturing industry maintains a strong presence in Birmingham, other businesses and industries such as banking, telecommunications, transportation, electrical power transmission, medical care, college education, and insurance have risen in stature.

Mining in the Birmingham area is no longer a major industry with the exception of coal mining. Birmingham ranks as one of the most important business centers in the Southeastern United States and is also one of the largest banking centers in the United States. In addition, the Birmingham area serves as headquarters to one Fortune 500 company:Regions Financial.

Five Fortune 1000 companies are headquartered in Birmingham. In the field of college and university education, Birmingham has been the location of the University of Alabama School of Medicine (formerly known as the Medical College of Alabama) and the University of Alabama School of Dentistry since 1947, and since that time, it has also become provided with the University of Alabama at Birmingham (founded circa 1969), one of three main campuses of the University of Alabama, and also with the private Birmingham-Southern College.

Between these two universities and Samford University, the Birmingham area has major colleges of medicine, dentistry, optometry, pharmacy, law, engineering, and nursing. Birmingham is home to three of the state's five law schools: Cumberland School of Law, Birmingham School of Law, and Miles Law School. Birmingham is also the headquarters of the Southeastern Conference, one of the major U.S. collegiate athletic conferences.

Direct download: cw-281-Birmingham.mp3
Category:Podcast -- posted at: 5:08pm EDT

When people think of addiction, the most common thought is drug or alcohol addiction and the stereotypical image of people with these addictions, but as Jason Hartman’s guest, life coach David Essel, explains, addiction comes in numerous forms and is very prevalent in our country. In fact, he guarantees that every person in this country is suffering from one form of addiction or another. Examples of addictions include such things as:  spending, greed, power, being right, controlling others, nicotine, food, gossip and many more.

David is passionate about helping people understand addictions and learning how to lead full and inspiring lives. His focus is on finding The One Thing™ that will radically change your life. David stresses the importance of not viewing one addiction to be worse than another because it opens the door to walking away from recovery. He shares his own story of alcohol addiction and the view he held before recovery versus the view he realized once he was sober. David also discusses the process of recovery, which starts with becoming accountable to someone else.

David Essel, M.S. is an author of six books, National Radio and Television host, Master Life and Business Coach, Adjunct Professor, All Faiths Minister, Addiction Recovery Coach and International Speaker. His mission is to inspire others to reach their own exceptional potential in their business and personal life. His radio show, which is celebrating 21 years on air, is the most respected, purely positive radio show in the USA. "David Essel Alive!" is heard on XM Satellite Radio, Channel 168, and streaming live on the web at www.davidessel.com, every Saturday from 6-9pm EST, 3-6pm PST.

Direct download: cw-280-DavidEssel.mp3
Category:Podcast -- posted at: 8:05am EDT

Jason Hartman is joined by George Farah, author of No Debate: How the Republican and Democratic Parties Secretly Control the Presidential Debates, and founder of Open Debates, for an inside look at how the presidential debates are a rigged game. George refers to the debates as “the Super Bowl of politics.” So what really goes on in the debates?

The people would like to know. As George explains, the debates are tightly controlled by the Commission on Presidential Debates through scripting, strict time limits, and the exclusion of third-party candidates. This commission is supposed to be non-partisan, but the reality is it’s a private corporation that was created by the Republican and Democratic parties and financed by companies like Anheuser-Busch, to allow the two main party nominees to dictate the terms of the presidential debates. A secret contract is negotiated by the Republican and Democratic parties and given to the Commission to implement.

Third-party candidates have been excluded repeatedly from the debates and the questions that the American people have are restricted and manipulated by the Commission.

Direct download: cw-279-GeorgeFarah.mp3
Category:Podcast -- posted at: 1:02pm EDT

Jason Hartman welcomes guest co-host/listener, Brandon, from Portland, Oregon as they discuss several things.  First, a discussion of some of Jason's recent book consumption including; Abundance: The Future is Better Than You Think by Peter Diamandis and Steven Kotler and Free: The Future of a Radical Price by Chris Anderson.

Next, Jason and Brandon analyze Peter Schiff's most recent video criticizing Federal Reserve Chairman Ben Bernanke and QE3 (Quantitative Easing).  Peter has some things right and others wrong.  As Jason has pointed out in so many prior episodes gold and silver are mediocre asset classes and shouldn't really be considered 'investments' but rather defensive ways to save money, a way to store wealth and keep pace with inflation.  

An investment is an OFFENSIVE tool, gold and silver are only defensive tools. The real way to profit is to exploit the next housing bubble.

Direct download: cw-278-Brandon.mp3
Category:Podcast -- posted at: 9:33am EDT

Jason Hartman is joined by Dr. Steve Sjuggerrud, editor for Stansberry Research, for a discussion of real estate investing domestic and international, attractive mortgage rates, and government deals that are making real estate a much more attractive investment. Steve talks about what he calls the “Bernanke Asset Bubble,” where the Fed would like to see a booming real estate market and stock market to get the country back on its feet.  Jason and Steve also talk about the demographics of the rental market and comparative returns of the rental market and stocks.

Dr. Steve Sjuggerud is the founder and editor of one of the largest financial newsletters in the world, True Wealth.  Since inception in 2001, True Wealth readers have made money every year with safe, contrarian investment ideas. Steve did his PhD dissertation on international currencies, he's traveled to dozens of countries looking at investment ideas, and he's run mutual funds, hedge funds, and investment research departments. Steve's investment philosophy is simple: "You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it." It's harder than it sounds, but Steve continues to be able to do just that for his readers.

Direct download: cw-277-SteveSjuggerud.mp3
Category:Podcast -- posted at: 7:39am EDT

 A quick announcement that due to popular demand, the Atlanta Property Tour is now sold out. Stay tuned for your next chance to participate in a property tour with Jason Hartman.

Direct download: Atlanta-Tour-Sold-Out.mp3
Category:Podcast -- posted at: 8:34am EDT

Jason Hartman talks with one of his Investment Counselors, Steve, about a Naked Capitalism blog post on the new real estate train wreck in securitized rentals.  Wall Street's newest "innovation" based on rental income.  Will this be another Wall Street scam like the pools of subprime mortgages, auction rate securities, derivatives or numerous other products that were misrepresented to investors.

Next up, a discussion of the 'lost decade' for the American middle class based on a Newser article and some talk about the investor-driven recovery in real estate.  


Direct download: cw-276-GeraldineBerry.mp3
Category:Podcast -- posted at: 11:51am EDT

While the last several years have seen huge losses for most investors in stocks, it has provided some valuable insights and allowed development of new concepts for stock investing. Jason Hartman talks with Dr. Chris Kacher and Gil Morales, principles and managing directors of Virtue of Selfish Investing, LLC and MoKa Investors, LLC, regarding their take on the markets, particularly commodities.

Chris and Gil explain their investment philosophy and concepts born out of frustration with other market strategies failing, relating how they were able to get through the market crash and the continued instability. One of the concepts is the Pocket Pivot, a favorable entry point in a stock before it breaks out of the stock base. Gil and Chris also share their outlook on stocks, commodities, currencies and inflation.

Dr. Chris Kacher is a stock investor and strategist with a background in the nuclear sciences. He is a co-founder of a stock advisory service, VirtueOfSelfishInvesting.com. Chris Kacher is a protégé of William O’Neil. He is known for achieving a total return of 18,241% during the period of 1996 to 2002 which he describes in his book Trade Like an O’Neil Disciple: How We Made 18,000% in the Stock Market co-authored with Gil Morales. Prior to his career as a stock trader, Dr. Chris Kacher pursued an education in the nuclear sciences at the University of California, Berkeley.

He won a Charles D. Coryell Award while being undergraduate. As a graduate student he contributed to the confirmation of the existence of Seaborgium and a synthesis of an atom of Darmstadtium. He received a Doctor of Nuclear Chemistry degree in 1995. In 2009, Chris Kacher released a debut album of his piano compositions Teardrop Rain under a stage name of Christian Casher. He is a certified practitioner of neuro-linguistic programming and hypnosis.

Direct download: cw-275-ChrisAndGill.mp3
Category:Podcast -- posted at: 7:46am EDT

Jason Hartman starts this episode of The Creating Wealth Show with a candid discussion about some internal workings in his business, properties in Indianapolis and Memphis. The disastrous political policies that lead Detroit into economic devastation and high crime rates. Jason Hartman interviews Keith Fitz-Gerald, the Chairman of The Fitz-Gerald Group and Chief Investment Strategist at Money Map Press.

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 road map for business leaders and investors to profitably navigate the turbulent waters of unprecedented global change.

Direct download: cw-274-ScottFitzgerald.mp3
Category:Podcast -- posted at: 9:27am EDT

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.

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.

Direct download: cw-273-AlasdairMacleod.mp3
Category:Podcast -- posted at: 12:30pm EDT

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.

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.

Direct download: cw-272-ScottPatterson.mp3
Category:Podcast -- posted at: 9:34am EDT

Jason Hartman answers client questions, discusses the organization of your real estate portfolio and is interviewed by Future Money Trends. During the interview, Jason discusses the multi-dimensional nature of income property and the one-dimensional or maybe two-dimensional nature of other investments as well as the demand equation.

They can outsource all the manufacturing jobs to China, they can outsource all the call centers and administrative jobs to India or the Philippines, they can even "outsource" retail shopping to the internet; however, so long as the U.S. population is increasing there will be increased demand for housing. This is especially true with all the home-based business and corporate people working at home.

Even Fortune 1000 companies are telling some of their employees to work at home. Remember that people only have three choices 1) buy, 2) rent or 3) be homeless.  Be sure to join Jason and his team in Atlanta, Georgia. 

Direct download: cw-271-JasonInterview.mp3
Category:Podcast -- posted at: 12:44pm EDT