In this video CFP Lou Scatigna and I discuss a wide array of economic topics that expose the fragile state of the U.S economy. Lou is a Certified Financial Planner and President of AFM Investments. Lou hosts the Financial Physician podcast and is the author of “The Financial Physician”. Lou has l mIn this video we discuss a wide range of economic topics. Lou has made multiple guest appearances on CNBC, MSNBC, and Fox Business and today we are discussing a wide range of economic and societal topics. #politics #economics #trump #donaldtrump #joebiden #bidenomics #esg #marxism #useconomy #recession #inflation #cpi

Video Chapters:

0:00- Introduction

1:33- Medicare and The Biden Administration’s drug price negotiation policy. How will benefit medicare recipients and what will be the overall consequences of this policy. We also discuss the possible impact this will have on drug availability and drug company revenues I the future.

6:54- Social Security - This chapter discusses social security and how it impacts the U.S economy. We give details on how social security is the largest expense for the U.S government and why SS favors the wealthy more than it does low income earners. We also discuss need to know details for individuals who might be receiving social security benefits soon.

20:57- Economic Data and Recession - In this chapter we discuss current economic data such as inflation, the consumer price index, and unemployment reports. We also discuss how the current Biden administration has changed the definitions of economic terminology to sway poor economic data in their favor. We also discuss the possibility of an upcoming recession in the United States. This chapter takes a deep dive into interest rates and U.S treasury securities.

26:11- Bidenomics - This chapter discusses everything you need to know about Bidenomics. We outline statistics relating to President Joe Biden's economy.

47:20- Trump’s Economy - In this Chapter We discuss the details of the Donald Trump economy and the Trump Tax Cuts and Jobs Act of 2017 and how it actually benefited low income earners while at the same time making the rich pay more in taxes. We show numbers that illustrate why most politicians on the left strongly oppose Trump's tax plan.

50:51- Buying Gold - This Chapter discusses why you should buy gold to protect your assets from inflation and why gold is important in times of uncertainty.

1:04:32- Modern Monetary theory - In this chapter we discuss Modern Monetary Theory and whether or not the United States is moving towards this type of system. Lou gives a great history about previous inflations that occurred during previous empires and why Modern Monetary Theory will not work.

1:11:30- Marxism - In this chapter we discuss whether or not a marxist revolution is taking place in the United States. The National Education Association and other labor unions generated so much momentum for marxist indoctrination, it will be almost impossible to stop.

1:22:23- ESG Scores - In this chapter we discuss ESG scores and how it impacts businesses in the United States.

1:25:28: Weaponized Justice- In this chapter we discuss how the U.S government is weaponizing the justice system to silence political opposition. We discuss the Donald Trump indictments and the indictments of Jan 6 protestors.

1:30:42- COVID Conspiracy - In this chapter I tell Lou my theory about the COVID 19 virus. You won't want to miss this!

Important Links:

The Financial Physician: https://thefinancialphysician.com/

The Financial Physician Book: https://thefinancialphysician.com/book/

The Financial Physician Podcast: https://www.podomatic.com/podcasts/financialphysician/episodes/2023-10-22T04_00_00-07_00

Lou Scatigna Rumble:

The Tax Foundation Related Articles: https://taxfoundation.org/blog/inflation-reduction-act-medicare-prescription-drug-price-controls/

Last week, Governor Ron DeSantis and the Florida Department of Education announced that they had rejected 41% of textbooks from publishers for containing Critical Race Theory. I go over the examples disclosed by the state showing proof of the content. I also discuss how Critical Race Theory (CRT) derives from communism and the Communist Manifesto written by Karl Marx and Frederick Engles. Critical Race Theory is not being pushed because of racism, but rather the idea of a communist agenda and a push to eliminate the capitalist society of the western world. #RonDeSantis #CRT #CriticalRaceTheory #Communism #KarlMarx #FrederickEngles #CommunistManifesto While Communism had already been around, Karl Marx and Frederick Engle’s claimed and defined the theory in 1848 with the Communist Manifesto. This ideology was a response to the growing industrial revolution which Max claims was a threat to the livelihood of the lower working class, due to advancing technology. Communism seeks to abolish private property, religion, family, and territories (towns, cities, countries etc…) The largest concern would be the abolition of the family. Marx believed the family structure was a result of capitalism and those family members were exploited as means of production. He believed that women were only viewed for production purposes and thought that families were formed to maintain capitalist ideology and to pass down wealth through inheritance. Inheritance is one of the primary enemies of a communist society. Furthermore, communism is threatened by the education provided by a parent to their children. Communism would make education for all children completely free and would indoctrinate them. -Similarly, we are seeing this play out at the moment with parents fighting the government about what is being taught to their children in school. CRT derives from communism and focuses on one class oppressing another. The state of Florida just released examples from the new math textbooks, showing CRT being used and illustrating how one group of people is racially oppressive over another, and trying to make children “aware” of their oppressive nature. This is a classic example of how to implement communist ideology on a young and unmolded population. https://www.nbcnews.com/news/us-news/-racist-florida-releases-examples-prohibited-topics-rejected-math-book-rcna25625 The Communist Manifesto https://www.marxists.org/archive/marx/works/1848/communist-manifesto/ Essay written on the communist idea of family and abolition thereof https://www.csustan.edu/sites/default/files/History/Faculty/Weikart/Marx-Engels-and-the-Abolition-of-the-Family.pdf

A recent documentary called "Watch The Water"' has people believing that COVID-19 is not a viral infection, but rather a snake venom infection that is being injected into us and used to poison our water supply. Snake venom in the water wouldn't hurt anybody because it's not poison. It took me 5 minutes to debunk this outrageous claim! I have posted scientific research reports on how different snake venom works and the adverse effects. I have also attached the reports showing the use of different medications that are used as blood thinners and increase prothrombin time a.k.a your blood's inability to clot. #COVID #Coronavirus #watchthewater #venom #debunked #conspiracy

Studies on the venom of the Chinese Krait and King Kobras https://pubmed.ncbi.nlm.nih.gov/33440641/ https://pubmed.ncbi.nlm.nih.gov/9509180/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8733962/

Prothrombin Time information https://www.mdpi.com/2072-6651/13/1/49

Information on medications that also increase Prothrombin Time https://www.urmc.rochester.edu/encyclopedia/content.aspx?contenttypeid=167&contentid=pt_prothrombin_time

Supreme Court Justice Clarence Thomas is under scrutiny from Alexandria Ocasio-Cortez regarding his wife’s text calling for the 2020 election to be questioned by the Trump Administration. Democrats are calling on Thomas to recuse himself from matters regarding the January 6th riots. If that is true, then shouldn’t Joe Biden recuse himself from any involvement pertaining to Ukraine now that his son, Hunter Biden is under investigation for items found on his laptop? Furthermore, we discuss the increasing support of communism in America, and dive deep into the communist manifesto and the ideas presented by Karl Marx and Frederick Engels. It is becoming more and more obvious that the current administration are promoting legislation that is aimed at the elimination of the upper class and trying to grow the lower class in the name of “equity”. Take a listen while I explain the major problem with this line of thinking, and why we need to protect our capitalistic society. #Clarencethomas #AOC #AlexandriaOcasioCortez #JoeBiden #HunterBiden #HunterBidenLaptop #January6 #communism #capitalism #KarlMarx #FrederickEngels #AdamSmith #CommunistManifesto #DonaldTrump

Article talking about AOC's criticism of Clarence Thomas and his Wife

https://thehill.com/homenews/house/600145-ocasio-cortez-to-clarence-thomas-resign-or-face-impeachment?rl=1

The Principles of Communism as read in the Podcast:

https://www.marxists.org/archive/marx/works/1847/11/prin-com.htm

The Communist Manifesto:

https://www.marxists.org/archive/marx/works/download/pdf/Manifesto.pdf

More Great Reads by The Federal Report:

https://thefederalreport.com/congress-opic-political-insurance-money/

https://thefederalreport.com/evidence-hunter-biden-bio-labs-ukraine/

https://thefederalreport.com/the-russia-ukraine-conflict-explained/

Joe Biden took a trip to Poland last week to discuss the Russian invasion of Ukraine with NATO officials. During a press conference Biden called for a regime change in Russia and the Kremlin is not taking it very lightly. As a matter of fact, it is a direct threat to Russia’s Sovereignty. Biden also stated that the sanctions imposed on Russia were never meant to be a deterrent, even though white house press secretary Jen Psaki, Secretary of State Anthony Blinken, as well as President Joe Biden himself, said they were a being used to deter Russia from invading Ukraine in the past.  Furthermore, a poll take by Quinnipiac University stated that only 55% would stay and fight if the United States faced the same circumstance as Ukraine and was invaded by a foreign nation. This is extremely surprising and shows a lack of patriotism in the U.S. What is the end game scenario for this invasion and will tensions still rise between the U.S. and Russia and if a cease fire is negotiated? We also discuss how Joe Biden, Hunter Biden, and other elected leaders are washing money using the OIPC and political risk insurance. #JoeBiden #NATO #Russia #Ukraine #OPIC #Invasion #Kremlin #VladimirPutin #Chemicalwarfare 

Quinnipiac University Poll

https://poll.qu.edu/poll-results/

Joe Biden calling for regime change

https://www.youtube.com/watch?v=UyP1bzGmPSo

https://thehill.com/homenews/administration/600055-biden-putin-comments-were-an-expression-of-moral-outrage-not-policy

The Federal Report article explaining the situation in Ukraine and The Biden's connections to Ukraine

https://thefederalreport.com/congress-opic-political-insurance-money/

https://thefederalreport.com/evidence-hunter-biden-bio-labs-ukraine/

https://thefederalreport.com/the-russia-ukraine-conflict-explained/

Video of President Joe Biden contradicting his claims on the sanctions being a deterrent.

https://www.youtube.com/watch?v=wVoO8LGUbkQ

Great laid back discussion on the Ketanji Brown Jackson confirmation hearings. on how the media manipulates information by silencing or limiting the time that people are allowed to talk. There are major flaws in our electoral debates, and confirmation hearings that restrict the knowledge of the average American about candidates. We also discuss how Vladimir Putin is using White Phosphorus in Ukraine and how it could be perceived as chemical warfare. What are the consequences of the U.S getting directly involved in the conflict and is it worth it? Below are links to articles explaining the situation in Ukraine. #KetanjiBrownJackson #VladimirPutin #VolodymyrZelenskyy #FoxNews #CNN #TASS #RT

Zelenskyy Accuses Russia of Using White Phosphorus Bombs

https://www.nbcnews.com/news/world/what-is-phosphorus-bomb-russia-ukraine-rcna21371

Other good reads:

Vladimir Putin Is Using The George Bush Propaganda Strategy:

https://thefederalreport.com/putins-propaganda-strategy/

How The Russia Ukraine Conflict Could Have Been Avoided:

https://thefederalreport.com/the-russia-ukraine-conflict-explained/

Ketanji Brown Jackson Confirmation Hearings:

Day1:https://www.youtube.com/watch? 

Day 2:v=k7aupVWHM7chttps://www.youtube.com/watch?

Day 3: v=euFaRaVi4Jshttps://www.youtube.com/watch?v=KhVUefb-ZcI

The Overseas Private Investment Corporation (OPIC), now the DFC, was a U.S. development finance institution. This government agency assisted private businesses that wanted to invest abroad. OPIC also offers political risk insurance for private businesses and equity funds, such as Hunter Biden's Rosemont Seneca, to pursue a business interest in countries that have turmoil like Ukraine. Insurance is a widely used tool for money laundering, and insuring businesses for losses due to political factors, in countries that already have political conflicts, is an easy way to guarantee revenue, avoid taxes, and hide the connections a business may have to U.S elected officials. We also discuss the hypocrisy of wealthy people saying they need to pay more in taxes. Why not pay the full amount of taxes on your income instead of taking any deductions? Below are links for information on OPIC, OPIC funding, and OPIC insurance. It is easy to see how this is abused by politicians and their friends and family. #HunterBiden #JoeBiden #OPIC #RosemontSeneca #Ukraine #Russia #WWIII #China 

OPIC Explained:

https://www.investopedia.com/terms/o/overseas-private-investment-corporation.asp

OPIC in-depth along with senate conversations:

https://books.googleusercontent.com/books/content?req=AKW5QafKPNz4k4tHQFNfIP4otH8grXgcHJ0JyXX8Pi9JytaLPF2bwdIKt3YvTFdFt45suTWUIZ0av7anHU2flTA3Bmj44D2GgtbomprADcvotiaaxVXXAlv1upk2mADQwLHTkdPO4qFjZDPFVhsxVS7hH6kksNQphL6-smLofXJkf296oKaGJShMlSjiP7BVyLZEXX25ZCTUi4VqH3AD9o_a8CFnf-yqHo_46vYSv7XNuIHzYhRfcLIE9w0kKjhtV0VaJXbC1mIl91y1ciXZh_Jj797RBWNReQ

Rosemont Seneca Statements for Devon Archer showing OPIC conflicts and involvement with Hunter Biden:

https://www.documentcloud.org/documents/6003585-Rosemont-Seneca-Bohai-Bank-Records-Listing.html

After being called a conspiracy theorist and being censored, I now present you with the specific details of the evidence showing Hunter Biden, Devon Archer, Joe Biden, Christopher Heinz, James Biden, and the late Beau Biden's corrupt financial transactions. Recently, I presented government documentation and government contracts showing the U.S. government's financial interest in the Ukrainian Bio-Labs and the financial connections between Rosemont Seneca and Ch2M, Metabiota, and Black & Veach. Joe Biden's Brother James Biden was a minority partner in Hillstone International, a subsidiary of Hill International aka CH2M Hill, who not only was awarded over $1 billion in government construction contracts between 2010 and 2014 with no prior completed construction projects but also currently holds government contracts for operations involving the Bio-Labs in Ukraine. CNN and other large MSM sources claimed that Hunter Biden never received $3.5 million from Rosemont Seneca by way of Devon Archer, and I now prove that wrong. Hunter Biden not only received the money but was wired money to 4 different accounts, all of which I provide the account numbers for in the video. I also provide the entire account details that the money was wired from. Below is a link to the statements themselves, which are stamped as Evidence of the Department of Justice. The statements also show transactions washed through a corrupt Latvian Bank, and Devon and Hunter's dealings with the Bank of China. The Biden Family has a substantial conflict of interest and illegal ventures in China and Ukraine and this can not be ignored any longer. #Ukraine #BioLabs #JoeBiden #HunterBiden #JamesBiden #DevonArcher #ChristopherHeinz #DepartmentofDefense #DepartmentofState #DepartmentofJustice #RosemontSeneca #Burisma #Metabiota #HillstoneInternational #CH2M #JohnKerry #DonGraves #BankofChina

Rosemont Seneca c/o Devon Archer Account Statements from 2014-2016:

https://www.documentcloud.org/documents/6003585-Rosemont-Seneca-Bohai-Bank-Records-Listing.html

The case regarding Steven Graves corruption in handing out government contracts between 2010-2013:

https://www.justice.gov/opa/pr/texas-construction-company-s-owner-and-ceo-sentenced-prison-defrauding-state-department

The article specifies Hunter Biden's Connection to the Ukraine Bio-Labs. The article has links to government documentation as well:

https://thefederalreport.com/evidence-hunter-biden-bio-labs-ukraine/