CW 449: Irreversible Impacts on Big Business By Big Government with Tim Carney Author of ‘The Big Rip-Off’

Jason Hartman brings in a real estate focus to the introduction of today’s Creating Wealth Show by explaining exactly how you can work out your rent-to-value ratio. As this is one of the most important figures a real estate investor need to keep in mind, there’s no excuse for deceiving yourself.   Later, he invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.   Key Takeaways 03.14 – In some markets, you can’t control the rent-to-value ratio, but you really want to aim for 1% per month or above. 10.35 – Seemingly, the bigger you get, the more you can get away with. 14.18 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped. 18.12 – A look at the options of how we can possibly dislodge the power of big business and government.  19.19 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy. 21.50 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you. 23.34 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us? 25.15 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer.  27.44 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see. 30.02 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org    Mentioned in this episode The Big Rip-Off by Tim Carney Obamanomics by Tim Carney www.AEI.org   www.WashingtonExaminer.com

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