Download Your Teacher Said What?!: Defending Our Kids from the Liberal Assault on Capitalism AudioBook Free
Every morning on CNBC's Squawk Container, Joe Kernen asks challenging questions. And at home he does indeed the same with his young princess, Blake. What are you learning in college? What Television shows do you prefer? What message do you get from that movie? When Blake was nine, her answers told Joe that she possessed already utilized a distorted view of economics---from her college, pop culture (even animated films!), and just about everywhere else. She was learning that capitalism is unavoidably immoral, that people can't be trusted, especially if they run big companies like BP or Wal-Mart, that trade is bad because it hurts American personnel, and this no matter how bad things get, the federal government will always bail us out. Joe admits that he shouldn't have been stunned in an era when Washington casually gets control car companies and spends a trillion us dollars "stimulating" the current economic climate. But he was outraged and driven to do something positive about it. If he couldn't fix our education system or Hollywood, at least he could teach Blake how capitalism does work, and just why it's worthwhile defending. He started out by requesting her to write down phrases she didn't understand ("What's physical stimulus?"). That resulted in conversations of some difficult ideas, like credit and enough time value of money. In theory a dollars today is actually worth more than a dollars next year---but never to someone whose buys are always payed for by someone else. Joe and Blake talked about the pluses (small) and minuses (huge) of unions---including the unionized professors who disparage the free business system that compensates their wages. They investigated the complicated process by which even the simplest made items get made, without anyone directing from above. They puzzled out the truth about so-called reasonable trade: Rather than help poor farmers, it can help keep farmers poor. They learned the differences between European countries and America, and just why free health care is not actually free. Plus they learned what nine-year-olds have in com
