On this episode; foreign wars since 2001 cost taxpayers 5.6 Trillion. Rand Paul’s attacker is outed as a socialist. Homeschooling under threat in NH. How to invest in cryptocurrencies for beginners. And, is China going to take over the world?
Featuring Hosts: Matt Carano, Mike Vine, and Nick Boyle
Special guest: Chris Rockwell
Engineered by: Matt Carano
Produced by: Tom Hudson, Matt Carano, Mike Vine, and Nick Boyle
News
- Foreign wars cost 5.6 TRILLION since 2001 (Matt)
- https://www.wsj.com/articles/study-estimates-war-costs-at-5-6-trillion-1510106400
- USA today says feeding a family of four costs an average of $239 a week in 2013
- In that time that 5.6 trillion could have fed 28,162,214 families of 4. Or 112 million people
- https://www.usatoday.com/story/news/nation/2013/05/01/grocery-costs-for-family/2104165/
- 64,367 Dover High Schools (cost is $87M)
- 509 hyperloops between LA and the Bay Area (Approximately $11 billion per hyperloop)
- (From Carla Gericke) 1 million seconds is 12 Days
- 1 Billion seconds is 31 years
- 1 Trillion seconds is 31,688 years.
- Homeschool under threat in NH (Nick) (Nick)
- http://www.unionleader.com/education/home-schoolers-in-the-crosshairs-of-proposed-legislation-20171105
- Proposed bill would effectively re-enact a law that was repealed in 2012
- Government would “evaluate” students to make sure they are at or above the 40th percentile
- Government oppression is the biggest reason to own firearms
- Man who assaulted Paul attacked him because Paul’s trees were blocking a view of a lake and has tried for 10 years to sell his home (Mike)
- My vote counted! (Nick)
- Dublin, NH passes new ordinance prohibiting drug paraphernalia (Matt)
Quote of the week
- “The socialist movement takes great pains to circulate frequently new labels for its ideally constructed state. Each worn-out label is replaced by another which raises hopes of an ultimate solution of the insoluble basic problem of Socialism—until it becomes obvious that nothing has been changed but the name. The most recent slogan is ‘State Capitalism.’ It is not commonly realized that this covers nothing more than what used to be called Planned Economy and State Socialism, and that State Capitalism, Planned Economy, and State Socialism diverge only in non-essentials from the ‘classic’ ideal of egalitarian Socialism.” – Ludwig Von Mises
Special Segment
- Crypto investing with Chris Rockwell
The Big Question
- The Big Question: Is this the Chinese Century – or will China stall out like Japan did in the ’80s?
Praxeum 2.0
- Fundraiser drive
- https://humanaction.foundation/praxeum2/
Social media
- No answer to our question last week
- If you have thoughts on the big question, tweet us @freecastpodcast
