May 13, 2015
In this episode of the Prosperity Podcast, you’ll learn why you should be very careful with any government plans and strategies when it comes to your wealth!
Kim D.H. Butler and NO BS Money Guy Todd Strobel talk about freedom and liberty, and how they relate to prosperity. They share excerpts from the book ‘Are We Good Enough for Liberty?’ by Lawrence W. (aka Larry) Reed of FEE.org. FEE is the Foundation for Economic Education, a non-profit organization dedicated to educating future leaders about the economic, ethical and legal principles of a free society.
0:33 – Today we are talking about the book, Are We Good Enough For Liberty?
1:21 – Kim shares how she was introduced to FEE and Larry Reed the head of the organization.
3:04 – FEE’s mission is to enhance each individual’s understanding of themselves and the systems that they live in.
3:35 – How to be in control when everything feels out-of-control.
4:07 – The three requirements in order to have an effective and productive society.
6:06 – Why private property encourages pride of ownership.
6:15 – What does free competition mean and how can we benefit from it?
7:59 – The fight towards increasing wage and what affect it has on you.
11:08 – Why we prosper with a severely limited government.
11:43 – Kim shares a story where Donald Trump stepped in and outperformed the government because of the free market.
12:53 – Any time the government puts forth a plan, strategy or structure we need to be really careful.
15:04 – Todd talks about the base of the prosperity pyramid.
16:45 – “No people who lost their character ever kept their liberties”
17:25 – The one key quality Warren Buffett looks for in people.
20:10 – Talking about the integrity of the main character in the movie Cinderella Man.
21:05 – The #1 thing you can do to improve your character.