Nate & Chuck have been friends for nearly 20 years. After traveling the world separately as musicians, they've now joined forces to bring you daily news explained through the libertarian philosophies taught by Rand, Friedman, Sowell, Mises, & Hayek.
Our take on the Young American's for Liberty co...
<p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> We spent the weekend at the Young American's for Liberty conference in Memphis, TN. If you haven't heard of them before, check out their website at www.yaliberty.org</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> www.goodmorningliberty.us</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> In the recent Democratic debate we were able to hear presidential candidate Andrew Yang's plan for a "Freedom Dividend," or otherwise known as "Universal Basic Income(UBI)." This is not a new idea. In fact, even one of my favorite economists, Milton Friedman, was in support of a UBI as a replacement for the current welfare system.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Yang's proposal would give a direct payment of $1,000 per month to every American above the age of 18. Rich, poor, white, black- it doesn't matter. Everyone above the age of 18 will receive this "Freedom Dividend."</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> The US Government currently spends <a class= "_2qJYG blog-link-hashtag-color y_1_u" href= "https://www.washingtonpost.com/news/wonk/wp/2014/01/12/no-we-dont-spend-1-" target="_blank" rel="noopener">$668 billion</a> per year on welfare programs. Remember, "welfare" is just one portion of the social safety net. That number also does not take into account what state's spend on welfare; another portion of the equation that is likely to change under a UBI system.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> The most recent count on the amount of adults in the US above the age of 18, has the number at 247 million. A $1,000 payment to each of them would cost 247 billion per month. That's 2.9 trillion per year to fund the "Freedom Dividend," without the administrative overhead costs.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Andrew Yang's UBI is proposed to be covered by a Value-Added Tax (VAT) of 10%. A VAT would be paid by business owners in the production phases of their products. Currently, the US does not have a VAT system in place. To re-phrase the VAT- A tax will be put on business at production, to be given to the people for consumption of their products.</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> READ MORE @ www.goodmorningliberty.us</p>
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55 min
1377
Audiblog: Andrew Yang's "Freedom Dividend" is n...
<p>Read the full article:</p> <p><a href= "https://www.goodmorningliberty.us/post/andrew-yang-s-freedom-dividend-is-not-a-win-for-liberty"> https://www.goodmorningliberty.us/post/andrew-yang-s-freedom-dividend-is-not-a-win-for-liberty</a></p> <p> </p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> In the recent Democratic debate we were able to hear presidential candidate Andrew Yang's plan for a "Freedom Dividend," or otherwise known as "Universal Basic Income(UBI)." This is not a new idea. In fact, even one of my favorite economists, Milton Friedman, was in support of a UBI as a replacement for the current welfare system.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Yang's proposal would give a direct payment of $1,000 per month to every American above the age of 18. Rich, poor, white, black- it doesn't matter. Everyone above the age of 18 will receive this "Freedom Dividend."</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> The US Government currently spends <a class= "_2qJYG blog-link-hashtag-color y_1_u" href= "https://www.washingtonpost.com/news/wonk/wp/2014/01/12/no-we-dont-spend-1-" target="_blank" rel="noopener">$668 billion</a> per year on welfare programs. Remember, "welfare" is just one portion of the social safety net. That number also does not take into account what state's spend on welfare; another portion of the equation that is likely to change under a UBI system.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> The most recent count on the amount of adults in the US above the age of 18, has the number at 247 million. A $1,000 payment to each of them would cost 247 billion per month. That's 2.9 trillion per year to fund the "Freedom Dividend," without the administrative overhead costs.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Andrew Yang's UBI is proposed to be covered by a Value-Added Tax (VAT) of 10%. A VAT would be paid by business owners in the production phases of their products. Currently, the US does not have a VAT system in place. To re-phrase the VAT- A tax will be put on business at production, to be given to the people for consumption of their products.</p>
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69 min
1378
Who won last night's debate? Hint: It definitel...
<p>I'm sure you watched last nights debate, and if you're like us- you feel sorry for that time you'll never get back. Each of the democratic candidates did their best to convince you that the 1% are to blame for all your woes, and the only solution is to give more power and money to the US Government. We'll rip this thing to shreds to the best of our abilities. </p> <p> </p> <p><a href= "http://www.goodmorningliberty.us">www.goodmorningliberty.us</a></p> <p><a href="http://www.bernielies.com">www.bernielies.com</a></p> <p> </p>
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62 min
1379
The first 2020 Democratic Debate: We combed thr...
<p>Tonight is the first of 1,847 likely upcoming democratic primary debates. We go through Bernie Sanders' answers from the Fox News town hall last month. He's likely to repeat the same things over and over again tomorrow night, so let's take them apart real before-hand. </p> <p> </p> <p><a href= "http://www.goodmorningliberty.us">www.goodmorningliberty.us</a></p> <p><a href="http://www.bernielies.com">www.bernielies.com</a></p> <p> </p>
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<p>In today's episode we go line by line through AOC's latest interview on 60 Minutes. She's got a lot of radical ideas- so I think it's important we discuss her ideology. </p> <p> </p> <p>goodmorningliberty.us</p> <p>bernielies.com</p> <p> </p>
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66 min
1381
Audiblog: Bernie Sanders' plan for student loan...
<p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Bernie Sanders is at it again, again.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Today's latest plan is to "cancel" $1.6 trillion of student loan debt. How does he plan to pay for this debt cancellation? With a tax on Wall Street speculation.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Using the millennial's hatred for wall street is an amazing tactic for Bernie. If there's one thing he's good at, it's salesmanship. This is a clear move to buy votes in the primary election. Sanders' has already been running close in the polls to Joe Biden, and he's been looking for something to push him over the top. Why not just literally buy the votes of thousands of people who are still paying off their student loan debt?</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> I've gone pretty far into how bad this plan would be for our economy in another article. You can go into the numbers details in that article here. Just as a quick reference, a .5% tax on stock trades could reduce your potential retirement by 39%. "Aggressive/risky" trading is what funds use to balance their portfolios against their safe investments. A tax on aggressive trading will lower the amount of risky trades companies are willing to take, lowering the average gain on your account every year.</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> read the full article at</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> goodmoruningliberty.us</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> bernielies.com</p>
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8 min
1382
Bernie Sanders' unveiled his plan to 'cancel' a...
<p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Bernie Sanders is at it again, again.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Today's latest plan is to "cancel" $1.6 trillion of student loan debt. How does he plan to pay for this debt cancellation? With a tax on Wall Street speculation.</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> Using the millennial's hatred for wall street is an amazing tactic for Bernie. If there's one thing he's good at, it's salesmanship. This is a clear move to buy votes in the primary election. Sanders' has already been running close in the polls to Joe Biden, and he's been looking for something to push him over the top. Why not just literally buy the votes of thousands of people who are still paying off their student loan debt?</p> <div class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> </div> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> I've gone pretty far into how bad this plan would be for our economy in another article. You can go into the numbers details in that article here. Just as a quick reference, a .5% tax on stock trades could reduce your potential retirement by 39%. "Aggressive/risky" trading is what funds use to balance their portfolios against their safe investments. A tax on aggressive trading will lower the amount of risky trades companies are willing to take, lowering the average gain on your account every year.</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> goodmorningliberty.us</p> <p class= "XzvDs _208Ie _3_7DB blog-post-text-font blog-post-text-color _2p1aK _158eo _3_7DB"> bernielies.com</p>
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74 min
1383
Do you have the right to burn America's flag? W...
We're both traveling, but we linked up to discuss a couple news items. Should you have the right to burn your country's flag? Of course, we think you should. What does it mean that so many people that care about "Freedom & Liberty" are in support of punishment for burning a flag? Can Donald Trump care about the real values behind the founding of America, and punish people for protesting their government?
VISIT:
goodmorningliberty.us
bernieLIES.com
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33 min
1384
Iran attacks! Or did they? We’ll pull out the h...
Iran attacks a Japanese oil tanker with their best land mines... We’re going to question this one since it doesn’t make any since at all.
Visit:
goodmorningliberty.us
bernielies.com
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46 min
1385
Capitalism continues its evil quest to lift the...
Has Capitalism been an overall positive or negative for human beings? I'm sure you know our answer.
Elon Musk launches 60 satellites into space towards his goal of provided broadband internet to the entire world. His biggest competition is Jeff Bezos and Blue Horizon. This can only be good, and it's Capitalism that made it possible.
VISIT:
goodmorningliberty.us
BernieLies.com
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50 min
1386
Audio Blog: Democrats should stop blaming healt...
Politics is a tricky business. As usual, people like Bernie Sanders and ALexandria Ocasio-Cortez have it wrong on health insurance. We take on one of BS's latest tweets.
Read the full article at:
https://www.goodmorningliberty.us/post/dear-democrats-stop-blaming-health-insurance-companies-for-a-problem-the-us-government-created
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6 min
1387
"Price Gouging..." Is it real, or is it just in...
Today's episode dives into "price gouging." Is it even real, or is it just supply and demand that we don't like?
Colorado recently passed legislation limiting the price for insulin at $100 out-of-pocket. Is this a good or bad thing?
Visit:
bernielies.com
goodmorningliberty.us
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66 min
1388
Audio Blog: Oh SNAP: Walmart didn't put you on ...
Read the article at
https://www.goodmorningliberty.us/post/inside-the-numbers-walmart-didn-t-put-you-on-food-stamps-you-put-you-on-food-stamps
What is the duty of an employer, and what is the duty of a parent? My principled stance tells me that if you are going to have kids, you better have your life in order....
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7 min
1389
Military Rules of Engagement, and the economics...
Today we discuss Trump's recent pardoning of members of the military who were convicted of violating the rules of engagement. Is this a good or a bad thing for the future of war?
Also, Bernie Sanders routinely suggests that payday loans are predatory and carry a 500% APR. Let's take that apart.
visit bernielies.com
goodmorningliberty.us
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74 min
1390
Audio Blog: The CEO's pay has absolutely no eff...
Take Walmart for example..
Bernie Sanders routinely points out the fact that the CEO of Walmart makes $22.9 million per year, and the Walmart employees are paid "starvation wages." The argument is that "if they can afford to pay Doug McMillan $22,900,000 per year, they can afford to pay their workers $15 an hour."
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4 min
1391
Is Trump good for liberty, or bad for liberty? ...
President Trump says he's seriously considering a ban on suppressors, while also signing "Right to try."
We'll look deep into Trump, and whether he is a positive or negative force for individual liberty,
We also take another look at Socialism, and it's many failures throughout history. Nate asks Charlie the question, "If you had a time-machine, would you go back to the day Hitler was born, or the day Stalin was born?"
Check out www.goodmorningliberty.us
or www.BernieLies.com
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65 min
1392
Audio Blog: Bernie Sanders continues to mislead...
We‘ll be clear about what the lies are in these statements, but first, the truths.
Yes, the entire Walton family is worth around $175 billion. That net worth will get them inside the top 20 of the richest people to ever exist. Let’s not forget that in today’s money, John D Rockefeller was worth twice as much just by himself.
bernielies.com
goodmorningliberty.us
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8 min
1393
Is the world really as bad as we think? Also, N...
In todays episode we discuss how we've been lead to perceive the world around us as falling apart, when in actuality its not as bad as we think.
We also discuss the openness in considering other view points. Nate woke up with a moment of weakness and contemplated if we really do need to move towards Socialism.
bernielies.com
goodmorningliberty.us
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82 min
1394
Audio Blog: State of Illinois Passes Massive Ga...
Illinois residents are at a massive disadvantage to their nearby neighbors, and it's only getting worse. I'm not going to go into all the issues facing the "Land of Lincoln," but we'll definitely get into that at another time in the future.
The basic economics of the situation imply that people will continue to find the best and most efficient use for their dollar.
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3 min
1395
AudioBlog: Every Day Brings New Proof that Soci...
Audio version of the article from www.goodmorningliberty.us
The classic view of socialism is "worker owned" means of production. I've seen people suggest this as a solution for most big companies. I've seen things like "They don't need executives," or "If the workers owned the business it wouldn't be this way.."
Here's my honest reply to that ideology.
Okay. Good. Then do it.
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4 min
1396
Joe Rogan's AI Joins for a Chat on Abortion, Ch...
In today's episode we bring in an AI version of Joe Rogan to show you just how scary AI is getting. A detailed trip down the abortion debate follows along with a great talk on Libertarian vs. Religious principles.
Subscribe, and tell a friend!
https://www.goodmorningliberty.us
https://bernielies.com
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81 min
1397
Moving Forward - Which Political Party Follows ...
This is our first episode back in a while! Thank you for listening. We've done an overview of politics in America- focusing on how we can all do better when interacting when we talk politics and voice disagreements.
If you find this information valuable, please subscribe and tell a friend!
Read our articles focused on rational and logical arguments against today's economics, and politics.
https://www.goodmorningliberty.us
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88 min
1398
Audio Blog: The Absurdity of Bernie Sanders Usi...
<p>This is our audio blog series where we record the below written article for your easy listening.</p> <p><a href= "https://www.goodmorningliberty.us/post/the-absurdity-of-using-annual-rates-to-demonize-payday-loans"> https://www.goodmorningliberty.us/post/the-absurdity-of-using-annual-rates-to-demonize-payday-loans</a></p>
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12 min
1399
029: Taxation is a Prison. Is it Unfair to Buy ...
<p>What’s up freedom lovers? Thanks once again for stopping by. If this is your first episode I’m going to warn you, we get way down in the weeds in this episode. Today we talked about Corporate Welfare.</p> <p>We don’t hide the fact that we are big supporters of business, big or small. But what happens when taxpayer money is “given” to certain businesses?</p> <p>First off, we have to start with taxes. We hate them. We want the tax rate to be around 0% for everyone. But since we have taxes, is it fair for a business to be able to buy their way out of them?</p> <p>It probably isn’t, but is the business where the problem starts, or is it actually the deeper issue of taxation in itself that we need to fix? If we are Libertarians, can we actually suggest equal tyranny is any better than unevenly dispersed tyranny? Some people want to focus on fixing the tyranny, some people think we can start by making things fair first.</p> <p>See, even the notes were a mess! We hope you enjoy this deep libertarian episode, and If you do, please share the show with a friend!</p>
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37 min
1400
028: Without Corporations, We All Would Die
<p>It’s been another long 2 weeks since we last spoke and there has been a ton of news! Thanks for coming back to listen to our take on this crazy disaster called American politics.</p> <p>We started with a local story right here from Nashville, TN. Our very own HCA (Hospital Corporation of America) really stepped in it this time. Apparently they were given 1 million dollars in taxpayer money that had been laid out to support poor areas of town. The click-bait headline reads that they used that 1 million on office furniture. Does everyone assume that they weren’t going to buy office furniture until Nashville gave them the money? Point is, that was a fixed cost for the building. And of course no one cares that they spent 10 million of their own money to rebuild the infrastructure for the area!</p> <p>Seattle is doing what they do best; removing reasons to ever become productive. They have passed a “per-head” tax on any business that grosses more than 20 million a year. That right, “gross” not “net.” Even if you gross 20 million and your expenses are $19,999,999, you still owe the government their extra money! For each employee you have to pay an additional $300 tax. I say additional because employers already pay taxes for each employee. Nate lays out his dream scenario for Jeff Bezos’ reaction.</p> <p>Thanks for listening as always, and check back soon for more episodes!</p> <p> </p>
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