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Another wasted opportunity to close the trust deficit

Another wasted opportunity to close the trust deficit

FromSchiff Sovereign Podcast


Another wasted opportunity to close the trust deficit

FromSchiff Sovereign Podcast

ratings:
Length:
60 minutes
Released:
Aug 12, 2022
Format:
Podcast episode

Description

It’s been another historic and mind-blowing week to say the least.

Over the last several months we’ve heard some of the most ridiculous lines of BS from politicians. Things like,

“The economy is not in recession.”

Last year’s humiliating withdrawal from Afghanistan was an “extraordinary success”.

Multi-trillion spending bills “cost nothing”.

“The border is closed. The border is secure.”

And so much more.

But yesterday the Attorney General of the United States made a public statement during which he told the world that “upholding the rule of law means applying the law evenly, without fear or favor.”

The Attorney General was trying to justify his department’s raid on Donald Trump’s private residence earlier this week by claiming that no one is above the law.

And that’s 100% correct. The rule of law is supreme in America, and no one is above the law. Except for Nanci Pelosi, Paul Pelosi, Paul Pelosi Jr., every Federal Reserve official who was caught trading the stock market, Hunter Biden, the mysterious “Big Guy”, Hillary Clinton, Christopher Steel, Andrew Cuomo, every Bush administration official who committed war crimes, etc.

Except for all of those people, and everyone else who is above the law, no one else is above the law in America.

Millions of people must have simultaneously laughed out loud.

Naturally the Attorney General made no effort to speak plainly and admit that, at a minimum, the raid looks really, really bad. Nor to offer understanding as to why people would be suspicious of the government’s motives. Nor even to acknowledge that it was unprecedented.

This is exactly the sort of response that makes people lose even more trust in their government officials… at a time when the trust deficit is already at a historic low.

This is the topic of our podcast today: trust.

We start off by talking about taxes-- because, believe it or not, trust and taxes are closely linked.

There are countries (like Greece or Italy) where tax evasion is rampant. And one of the reasons why is because people have no trust or confidence in their governments.

Lack of trust is a really, really bad trend. It makes growth and prosperity more difficult.

But rather than actually fix the trust deficit with honesty, transparency, and plain talk, they keep making the problem worse.

This is what makes having a Plan B so obvious… and today we also discuss why looking at some options abroad might make a whole lot of sense.

Click here to listen in to today’s episode.
Released:
Aug 12, 2022
Format:
Podcast episode

Titles in the series (95)

James Hickman, a natural and entertaining teacher, combines data — he was a West Point math major — history, and international entrepreneurial and investment expertise to bring you a unique, easy-to-understand take on where the macro-trend hockey puck could go. Read more at www.sovereignman.com