Labor Laws Hurt Workers the Most – Ep. 371

Labor Laws Hurt Workers the Most – Ep. 371

Trump Driver is Suing the Trump Organization
On thing I talked about on the Joe Rogan podcast was a story that broke the same day of my last podcast, which I thought was very interesting. It was about Donald Trump being sued by his former personal driver, who still works for the Trump organization, by the way, he's worked there for over 25 years until Trump became President and got a tax-payer provided driver, he had to pay his own driver. I think the guy was getting a $70K/year salary, which to me seems about right.
Diver Claims He is Due Overtime
The driver sued the Trump organization because he claims that he was due overtime, and he didn't get paid overtime. Now he's worked for the Trump organization for 25 years. He has known his pay all these years and never once complained and now after 25 years he wants to use the labor laws to retroactively force the Trump organization to give him a pay hike.
Terms and Conditions of Employment
First of all, he is not an hourly employee. It's not like he is punching a clock and the organization asks him to work overtime. According to the article I read, the driver needed to be on call for Trump something like 10-11 hours a day. Maybe 55 hours a week he was on call in case Trump needed him. That does not mean he was driving all that time; he just had to be accessible to Trump. He couldn't go on a vacation or leave town, but he could watch a movie, he could read a book, he could trade stocks on the internet, he could do whatever he wanted. He had plenty of free time between times he drove for Trump. He knew exactly what the deal was and he chose to work under these conditions.

What happens in America is that employees like to go back in time and re-write the deal more favorably to them. If this driver did not like the terms of his employment, he had two options:

* He could have gone to Donald Trump and said, "I'm working on call 10 hours a day - that's more than a normal 8-hour job, you're paying me $70K/year, If you want me to be on call that many hours, you need to pay me more money. Then Trump would have had two options - pay more money or find another driver.
* If the driver did not like his employment conditions of that job, the compensation package, the amount of hours he had to be available, he was free to drive for somebody else.



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Biden’s Supreme Court Pick Will Ignore the Constitution – Ep 782

Biden’s Supreme Court Pick Will Ignore the Constitution – Ep 782

* Democrats hate the constitution. * The constitution doesn’t need to be interpreted. * Republics protect the minority from the majority. * Founding fathers warned of the evils of democracy. * You can’t have liberty in a democracy, but you can in a republic. * The constitution was written to protect against democracy. * The government that governs best, governs least. Go to https://bambee.com/gold to schedule your FREE HR audit. Thanks https://avast.com! INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

26 Helmi 202253min

What if the World Sanctions America? – Ep 781

What if the World Sanctions America? – Ep 781

* Russian stock market loses big. * Gold’s bullish story strengthens. * Sanctions will have ramifications beyond Russian borders. * Joe Biden does a premature victory dance. Thanks https://truebill.com/gold. it could save you hundreds a year. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

25 Helmi 202243min

Sanctions for Russia Mean Higher Inflation for America – Ep 780

Sanctions for Russia Mean Higher Inflation for America – Ep 780

* Bad presidents, like Joe Biden, do not deserve to be honored on Presidents Day. * George Washington was the greatest American in history. * Joe Biden avoids taking questions to avoid giving stupid answers. * Government’s solution to the energy crisis will be rearranging the deck chairs on the Titanic. * NATO should have been disbanded with the fall of the Soviet Union. * Bitcoin leads risk assets lower, in the opposite direction of gold. * Markets are reacting more to inflation fears than concerns over Russia and Ukraine. * Buying Bitcoin is better than shorting gold. * Hex coin scam epitomizes the problems with Bitcoin. Free $75 credit to boost your post at https://indeed.com/peter. Terms and conditions apply. Offer valid through 3/31/22 Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

23 Helmi 202250min

Recession Will Make the Inflation Problem Worse – Ep 779

Recession Will Make the Inflation Problem Worse – Ep 779

* Supply will decrease faster than demand. * Fed will fight recession with more inflation. * Democrats bribing voters with gas tax holiday. * American investors watching their wealth evaporate. * Falling Bitcoin proves it’s a poor hedge against the rising inflation. * Russia invading Ukraine is the noise. Inflation is the music. * Dry powder in cash is getting wet. * The trend is not your friend if you’re Cathie Wood. Thanks Ladder Life Insurance. Go to https://ladderlife.com/gold today to see if you’re instantly approved. Thanks Tommy John. Get 20% off your 1st order https://tommyjohn.com/gold. See site for details. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

19 Helmi 202256min

The Fed Is Running Out of Minutes – Ep 778

The Fed Is Running Out of Minutes – Ep 778

* Economic data blows away expectations. * Wages are a price and prices are going up because of inflation. * Keynesians can’t even follow their own playbook. * Real demand is determined by supply. * Don’t take free heroin just because you don’t want to waste it. * Fed hawks went the way of the dodo bird. * Fed policy is the opposite of Teddy Roosevelt’s Big Stick policy. One-of-a-kind financing program at https://netsuite.com/gold INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

17 Helmi 202245min

It’s Mission Impossible for the Fed – Ep 777

It’s Mission Impossible for the Fed – Ep 777

* Value stocks becoming the new momentum stocks. * Previous momentum stocks pick up momentum in the wrong direction. * Bitcoin’s reaction to Russia Ukraine tensions prove it’s the opposite of a safe haven. * Consumer sentiment at its gloomiest in 11 years. * Worst inflation numbers since 1982. * Companies like Peloton hiding their price increases in delivery and service fees. * Government is deliberately cooking the books on the CPI. Get an extra 3 months. https://expressvpn.com/gold. Thanks Tru Niagen. Save 20% on your first purchase at https://truniagen.com/peter with code PETER INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

12 Helmi 20221h 2min

Markets Miss Important Fed Admission – Ep 776

Markets Miss Important Fed Admission – Ep 776

* Momentum stocks rally. * Gold inches higher under everyone’s radar. * Investors distracted by Bitcoin’s bear market rally. * Atlanta Fed President Bostic admits policy will be less loose, not tight. * Original CPI change was intended as a stealth way to cut social security. * Unemployment numbers don’t count people with covid. * New jobs are currently being created by statisticians, not employers. Free $75 credit to boost your post at https://indeed.com/peter. Terms and conditions apply. Offer valid through 3/31/22 Cut your wireless bill to $15/month at https://mintmobile.com/gold INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

10 Helmi 202255min

The Fed Will Lose an Inflation Fight – Ep 775

The Fed Will Lose an Inflation Fight – Ep 775

* Surprise earnings send Nasdaq on a roller coaster. * Companies are paying the price for not raising their prices. * Bitcoin trading above $40k, perhaps for the last time. * $10/gallon gasoline on the horizon. * Rising Euro will be problematic for the US economy. * Jobs report reveals strength in inflation, not the labor market. * Gold market shows investors are waking up to the Fed’s failing inflation fight. * Markets punish discrimination; government rewards discrimination. * Washington DC should pick a more appropriate name for their football team. Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. Go to https://babbel.com and use promo code GOLD to get 3 additional months when you purchase a 3 month subscription. INVEST LIKE ME: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

5 Helmi 20221h 11min

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