Stossel on Money and Citizen Journalists, Court-Packing Dems, Nuclear Power, Milton Friedman and Remy Parody.

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Stossel on Money and Citizen Journalists, Court-Packing Dems, Nuclear Power, Milton Friedman and Remy Parody.

This ACU Show consists of 5 selections from ReasonTV

  • Stossel: Money, Money, Money
  • Court-Packing Plans Threaten Civil Liberties and the Separation of Powers
  • Stossel: The Rise Of Citizen Journalists
  • This Environmentalist Says Only Nuclear Power Can Save Us Now
  • Milton Friedman Crushes Man's 3 Questions like Dixie Cups
  • Remy: Old Town Road Parody

Stossel: Money, Money, Money

ReasonTV

Published on May 21, 2019

A new documentary reveals how stable currency leads to prosperity.

What makes money trustworthy? "It has to be fixed in value," says Steve Forbes in his new documentary, In Money We Trust? Forbes notes that money has to be reliable, like a clock. We have "sixty minutes in an hour; sixty seconds in a minute. Imagine if that floated each day; that would make life chaotic." Stossel presents an abbreviated version of the documentary, which notes that throughout history, people needed a way to assign a fixed value to money. They tried all sorts of things, including backing money with crops, silver, and salt. "Salt" is where our word "SALary" comes from. Eventually, most people settled on gold, which was used up through the mid-1900s to back currency. The stability it brought to markets helped enable massive economic growth. But a gold standard didn't always ensure stability. The Roman Emperor Nero was one of the early creators of inflation. "They would call in all the coins, melt them down, reissue them—of course, with his picture on them," according to Jack Weatherford, author of The History of Money. The re-issued coins, critically, also contained less gold than the old ones. Governments throughout history have often resorted to inflation when they couldn't raise enough taxes. World War I was the first big event that shook up the consensus around gold. "To print money to pay for the conflict, Europe and the U.S. went off gold," the documentary's narrator notes. "And after losing the war, Germany suffered the infamous Weimar hyperinflation." In the U.S. during the Great Depression, President Franklin Roosevelt even confiscated private holdings of gold in order to devalue the dollar. "All kinds of constitutional freedoms, and this moral commitment to maintain the value of the money, were swept out," says Judy Shelton, director of the Sound Money Project at the Atlas Network. Shelton is under consideration to be President Trump's next Federal Reserve pick. Today, the Federal Reserve controls the supply of dollars. People use them because they trust that others will value them, and because the government says it stands behind them. But dollars are not backed by gold, or anything else. That worries people like Steve Forbes. A dollar buys 80 percent less than it did when Nixon took the country off gold in 1971. That's largely because the Federal Reserve intentionally creates 2 percent inflation every year—they set it at 2 percent rather zero because it provides a buffer against deflation, which they fear will cause recessions. Forbes' documentary backs a return to the gold standard. "The only way to restore trust is for the United States to return to the system that worked for most of its history," the narrator says. "Gold has proven to be the preferred monetary standard," says Brian Domitrovic, a history professor at Sam Houston State University. Milton Friedman opposed the gold standard. Today, most economists oppose it. But Stossel says Forbes' documentary sums up the history nicely and "will give you background to help you decide what you think." You can see the full documentary on some PBS stations, or stream it at: InMoneyWeTrust.org. The views expressed in this video are solely those of John Stossel; his independent production company, Stossel Productions; and the people he interviews. The claims and opinions set forth in the video and accompanying text are not necessarily those of Reason.

--------- Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magaz... Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. ---------

Court-Packing Plans Threaten Civil Liberties and the Separation of Powers.

https://youtu.be/zsvfwrqF_dY

ReasonTV

Published on May 15, 2019

Ilya Somin of "The Volokh Conspiracy" discusses the dangers of liberal proposals to pack the Supreme Court.

After the death of conservative Supreme Court Justice Antonin Scalia in 2016, President Obama nominated Merrick Garland to replace him. A moderate liberal, Garland likely would have shifted the balance of the high court to the left. But Senate Republicans refused to hold a hearing on Garland's nomination until after the presidential elections—which saw Donald Trump elected to the White House, effectively ending any hopes for Garland's appointment to the highest court in the land. Once in office, Trump nominated the conservative judge Neil Gorsuch to replace Scalia. When Justice Kennedy—the high court's most frequent swing vote—retired, Trump chose the solidly conservative Brett Kavanagh to take his spot. Liberals, concerned that a conservative majority may dominate the Court for a generation and overturn key precedents like Roe v. Wade, have responded by calling for expanding the Supreme Court to include as many as 15 justices. Several presidential candidates, including Pete Buttigieg, Beto O'Rourke, Kamala Harris, Elizabeth Warren, and Kirsten Gillibrand have endorsed proposals to alter the makeup of the supreme court, with former Obama Attorney General Eric Holder saying the idea of court packing should be "seriously" considered. The idea of expanding Supreme Court membership hearkens back to the 1930s when FDR aggressively pushed the idea of court-packing because his New Deal policies were being declared unconstitutional. "If court-packing does happen and you get this cycle of retaliation, this quite valuable institution would be undermined," says Ilya Somin, a law professor at George Mason University and contributor to The Volokh Conspiracy blog. "Protections for our civil liberties, for separation of power, for limits on the power of federal government—all of that would be significantly weakened over time." Somin sat down with Reason to discuss the revival of court-packing proposals on the left and how they could undermine the institution of judicial review. Produced by Alexis Garcia. Camera by Meredith Bragg and Todd Krainin.

------------------ Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magaz... Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at Apple Podcasts: https://goo.gl/az3a7a Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. ----------------

Stossel: The Rise Of Citizen Journalists.

https://youtu.be/7wo4-hp1pwQ

ReasonTV

Published on May 7, 2019

A new wave of journalists, like Tim Pool, use "new media" to tell it like it is.

Tim Pool is part of what some call the new media—citizen journalists who work for themselves. Increasingly, John Stossel says, such journalists cover things the mainstream media misses. That brings them viewers. More than a million people subscribe to Pool's online channels. Pool leans left and supported Bernie Sanders. But he reports whatever he sees. Earlier this year, the media jumped on a video of a grinning Covington High School kid wearing a Trump hat, claiming he was taunting a native American man—but Pool was skeptical. "All of these big news outlets, even the Washington Post, CNN, they immediately made the assumption 'he must be a racist,'" Pool told Stossel. "I didn't make that assumption … I said, I have no idea what this is. I just see a guy banging a drum and a kid with a weird look on his face. So I looked at some other videos," Pool said. On YouTube, Pool found a longer clip of the encounter and used that to show that the Native American elder approached the kids as they waited for a bus—not the other way around, as had been claimed. There was no evidence that the kids were racist. "No one watched the longer video?" Stossel asks? "Nope," Pool says. "Here's what happens. One left-wing journalist says, look at this racist. His buddy sees it and says, wow, look at this racist. And that's a big ole circular game of telephone where no one actually does any fact-checking. And then—New York Times, Washington Post, CNN all publish the same fake story." Pool, along with Reason's Robby Soave, told the real story. Pool wouldn't have been hired by most legacy media outlets—he doesn't have a college degree. Or even a high school degree. "I like it that you're a high school dropout," Stossel tells Pool. "Yeah, me too," Pool says. Instead of going through the traditional education system, Pool learned to report by actually doing it. He got his start filming Occupy Wall Street and posting his videos online. He also covered fighting in Ferguson, Missouri, in Ukraine, and in Catalonia. But his video that got the most views on YouTube is one where he went to Sweden to find out the truth about alleged "no-go zones." "Your video said what?" Stossel asks. "That it was nuanced," Pool replies. Crime is up after Sweden took a lot of refugees, but still really low by American standards. "You got lots of views with nuance?" Stossel replies. "Yeah … Here's what I think happens. The establishment, the corporate media … They seem to have a narrative on these things," Pool says. "The average person just wants some kind of honest take on it." Pool is part of a new wave of independent journalists and thinkers—leftists, centrists libertarians, and conservatives—who use the new media to get the word out. Stossel says he's glad that gives us more options. The views expressed in this video are solely those of John Stossel; his independent production company, Stossel Productions; and the people he interviews. The claims and opinions set forth in the video and accompanying text are not necessarily those of Reason.

--------- Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magaz... Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. ---------

This Environmentalist Says Only Nuclear Power Can Save Us Now.

https://youtu.be/K9AGx2q_F_0

ReasonTV

Published on May 22, 2019

Michael Shellenberger believes The Green New Deal’s focus on wind and solar is a waste of time and money.

Calling climate change an existential threat to humanity, congressional Democrats introduced a policy proposal in February called the Green New Deal, which would mandate that 100 percent of U.S. energy production come from "clean, renewable and zero-emission energy sources" like wind and solar by the year 2050. But some environmentalists say Green New Dealers are neglecting one obvious source of abundant clean energy already available: Nuclear power, which an accompanying Green New Deal FAQ explicitly states should be phased out alongside fossil fuels like oil, gas, and coal. "If you want to save the natural environment, you just use nuclear. You grow more food on less land, and people live in cities. It's not rocket science," says Shellenberger. "The idea that people need to stay poor… that's just a reactionary social philosophy that they then dress up as a kind of environmentalism." Watch the above video to learn more about the history of nuclear energy and to hear more from Shellenberger about his case for nuclear, as well as his response to concerns about radiation, nuclear weapons, and the economic viability of nuclear energy. The video also features solar energy advocate Ed Smeloff, who served on the Sacramento Municipal Utilities District board during the shutdown of California's Rancho Seco nuclear plant and who makes the argument that nuclear power simply can't compete in the marketplace. Produced by Zach Weissmueller. Camera by Alexis Garcia and Weissmueller.

--------- Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magaz... Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. ---------

Milton Friedman Crushes Man's 3 Questions like Dixie Cups.

https://youtu.be/rQLBitV69Cc

Free To Choose Network

Published on May 22, 2012

In this classic Free To Choose Network footage (1978), Milton Friedman takes three questions from an audience member and crushes them all. The real problem is, that as we move from the local community to the state, from the state to the Federal government, it becomes increasingly difficult for us to control the mechanism we have established and that mechanism tends to control us. That was the great wisdom of the founding fathers of this country, of the people who wrote the Constitution. That constitution was designed to limit government’s powers in order to preserve the freedom of the individual, and what has happened in the past fifty years is that the fundamental character of the Constitution has really been changed. We have broadened enormously the conception of what is a governmental power and what is not, and have departed from that limited government until we have created a Frankenstein, an unlimited government that threatens to destroy us. Check out our Facebook page here: https://www.facebook.com/FreeToChoose... Visit our media website to find other programs here: http://freetochoosemedia.org/index.php Connect with us on Twitter here: https://twitter.com/FreeToChooseNet Learn more about our company here: http://freetochoosenetwork.org/ Shop for related products here: http://www.freetochoose.net/ Stream from FreeToChoose.TV here: http://freetochoose.tv/

Remy: Old Town Road (Lil Nas X & Billy Ray Cyrus Parody)

https://youtu.be/fb3HcuFyDFQ

ReasonTV

Published on Apr 17, 2019

With roads in disrepair, Mayor Remy addresses his city's most pressing need.

---------- Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magaz... Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at Apple Podcasts: https://goo.gl/az3a7a Reason is the leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. ----------

Watch the video for "Old Town Road' here: https://www.youtube.com/watch?v=7ysFg... Lil Nas X YouTube page: https://www.youtube.com/channel/UC_uM... "Old Town Road" Parody written by Remy Shot and Edited by Austin Bragg Mastered by Ben Karlstrom Track production by Wxsterr LYRICS: Sir, we’re gonna take these funds for the old town road We’re gonna buy a ton of black asphalt Right, we’re gonna take these funds for the old town road We’re gonna pave and also fix potholes or we could take these funds for the old town road And maybe build a brand new stadium Sir it’s our entire job to fix the old town road We must ensure that —is he even listening? I’m thinking no. This is so exciting Look, the roof is shiny So touched by this project I named it Joe Biden Sir, this is dismaying Taxpayers are paying Studies show these never create economic growth— La la la la la la can’t hear what you’re saying Can’t nobody tell me nothing You can’t tell him nothing… Can’t nobody tell me nothing You can’t tell him nothing… The roads are all unstable We should fix them if we’re able How broken are we talking? Think month-old iPhone cable We should not be subsidizing A billion-dollar guy that Will subsequently leverage moving Look, our mascot has a trident! Can’t nobody tell me nothing You can’t tell him nothing… Can’t nobody tell me nothing You can’t tell him nothing… Sir, the neighborhood’s complaining Eminent domain it Toll road, gas tax Let’s call it a day then Can’t nobody tell me nothing You can’t tell him nothing… Can’t nobody tell me nothing You can’t tell him nothing…

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