Good morning everyone. Dr. Saul here in Beverly Hills. We have a very important patient. She's from out of town. She came to visit us here and She has capsules. Let's give her a little rundown. She's in her 50s. She's healthy. She's an excellent shape. Look at that Goals for everyone this summer is to get a stomach and get a youth thing like this. This is she looks Amazing in her 50s. She just told me her secret. She plays tennis So I guess she's doing a lot of running around in the tennis court, but amazing breast augmentation done in 2006 And she has capsules. You could see her pocket her breast pocket is empty Because her implant is sitting up here where as she turns around you could see it doesn't fall Incorrectly if it falls incorrectly Interest tissue, but she has a fairly good size. So I'm not worried about that. We're gonna peel peel that off So there's no capsule. We're gonna insert implants. She's sure because they're compressed So we're gonna go through the peri area over take out the capsule as much as we can from behind on both sides Within a nice new implant for her. It looks magnificent We're gonna help her breast get ready for a hot girl summer 2022 boom, let's go going to do it. This is a pretty simple, I mean, it's a little difficult, but it's nothing Really difficult the capsule we're gonna try out take out the capsule The only thing I'm worried about is if the capsule has ruptured If the implant has ruptured inside the capsule, that's my only worry because once it's ruptured although It could be ruptured and contained in the capsule the implant the gel will be everywhere So that's my only concern in this case. Otherwise, you know, she's very thin We got to be careful because we're gonna be on the ribs and near the lungs and everything But I'm not really worried about that the exact except as I said, I just hope that she doesn't have a Contained ruptured implant if the implant is ruptured that gel is gonna be everywhere. Keep your fingers crossed Let's see what we have So we're going to use the her oldest incision. She had a peri area all her incision We're gonna go through the same scar and Get the implant out and then the capsule So here it's the interface between the muscle the capsule and the implant underneath it You could see how the capsule is formed right underneath the muscle So what it does is that the capsule separates the implant from the body So because it recognizes it as a foreign object It's separating it from the body So what I feared most is true. It's a ruptured Implants, there's the gel you can see the gel coming out. There it is. You see that? There it is. You see it's coming out. You see there it is In this way you maintain your spillage and it's just coming into here. There Look at that. We're even taking out the implant shelf Perfect. There's the implant. There it is all of it So there it is. We set up the gizmo, then we put the suction. There it is. The gel comes out. You see that? That's all gel We're trying to prevent it from spilling everywhere so far. We've done a good job There it is This one is intact. So let's say we're doing multiple rounds of Irrigation to make sure we take out all the gel if any of it leaks but you saw we had a nice Containment of it and got all of it out. So we're just cleaning it out even more It's very looks very clean. Look. There's the inside looks very clean Just some of the irrigation fluid. So look at that beautiful. No gel. No nothing. We're ready to go


The sweet grass braid is a traditional item to the indigenous people. The people believe it to be the sacred hair of Mother Earth. The three chords of the sweet grass braid represent the mind, the body, and the spirit, or love, peace, and harmony. There are 21 strands that are used to make the sweet grass braid, all with meanings behind them. The first seven strands represent the seven generations that came before the people. The next seven rows of strands represent the seven grandfather teachings which include love, respect, honesty, courage, wisdom, truth, and humility. The final seven strands represent the seven generations that continue. These are children, grandchildren, and children yet to be born. Take your three rows of seven strands and simply braid them while tying the ends.


Welcome. This is Melissa Arma with the Stock Swoosh. And I'm doing a quarantine special to help everybody out through these, through these really, really very unusual times that the entire country is facing and the world. If you'd like more information, you can email me at Melissa at thestockswoosh.com or call me at 929-3200 Gatt. Follow me on Twitter, Facebook, YouTube or Skype.   Really try not to get stressed out. Cook, read. There's all kinds of things you can do. Trade. Look at it as this is a chance for you to have some downtime with your family or even if you live alone like me by yourself. There's so many things that you can think of to be grateful for, for one, your health. And so listen to what the doctors are saying, listen to what the medical experts are saying, listen to what the government is saying and follow what their directives. Because I think this is a time where everyone really needs to stay indoors and be careful. We'll get through this. We always do. And we're really going to be stronger than ever. I honestly believe that everything's going to be okay. Even New York is selling out like hotcakes everywhere you go. Toilet papers, scarce, all paper goods, food, fresh vegetables. I went to Whole Foods the other day. They had no bacon, no bread, no frozen vegetables, no fresh vegetables, no ice cream. It was really quite a sight to behold. And so no bread. It's one of these things where you say, gosh, you know, well, how can I get what I need? The stores are delivering. Everything is going to be okay. If you go to the store one day and they don't have what you need, they're going to come the next day. The trucks are still coming in. I've spoken to some of the managers in the local stores here. They're going to keep the grocery stores open, so do not worry about it. Now this was a really nice trade. BA has been one of the nicest shorts that we've done. Actually, this has been the best short we did. This is one of the nicest. What am I saying? This has been the top short for 2020. And it's funny because I had such a great intuition. I kind of saw that back in December. Not kind of. I did see it. I knew BA was going to be a short. I knew it was a short December. But I didn't really know actually in December that this is going to be the top short for 2020, but it absolutely 100% is. But in December, I was talking on Fox and I said, this is lower. And man, was I right. I see things very, very early. It's one of the benefits of being in my trading room and being in the options newsletter. I see things happening very early. So the entry for this was 228.25. This was a big stop. But it paid. Stop was 232.90. Risk was 232.25. Then we did an add. 1,000 shares total. Average price 228.95. Pulled it up. Great move. Fell, fell, fell, fell off a cliff. This actually today. This stock today. And it's hard to believe. It's hard to believe looking at this date. I mean, it is really hard to believe what this stock has done. It just has a short time. This went down to 89 bucks today. $89. Anyways, this was a day trade. 12,200. Beautiful, beautiful profit. So having a teacher makes a difference. And in these markets, more than ever makes a difference. Why? Because people are questioning what they're doing. They're questioning themselves or losing confidence. Their 401ks are going down, down, down.  And videos are also talking in the trading room like at 4 o'clock. We've been meeting after the market closes to help everyone through this. Explaining things. Doing little teaching lessons. It's very critical right now. So having a teacher and a good mentor with a lot of confidence makes a good difference. And someone that knows what to do, which I do. This was another one here. Gosh. This was, again, it seems like forever ago, but it really wasn't that long ago. Look at how that one dropped off. Fill off a cliff. Now this was an option trade. If you want to join the options letter, that you can do too. Again, I'm doing a quarantine special on this as well. This was a nice trade. Pretty cheap. Cost was a buck. Sold at 280. Profit in this 12,600. 180% return on investment. A nice trade. That was the sell-off bar here. This was a put. But I called it here. Dropped. Okay. It was Facebook. So right now it's the winter in New York. Can you believe we're actually going to get snow? They said on Monday. It's still March. And no one thought we'd ever get snow the rest of the year. And they were wrong. We're getting snow on Monday. So winter's a great time to work from home. It's cold out still. Hunger down. Take care of yourself. 2020 for the socks. Wish has been off to a fabulous start. Some of my clients have made more money this year than I have ever, ever, ever seen. They're doing great. I'm doing great. Join if you want to join. Trading is one of the greatest jobs in the world. And I'm lucky that I work from home. I don't have to deal with worrying about going out in this. And even though people are working from home, a lot of them aren't prepared. I saw a girl downstairs. She was already a computer. She didn't even have a screen to work at home. So the nice thing about trading is you can work from home. And everybody's home right now. So you can take advantage of the time to learn how to do it and do it while you're doing other jobs. So I teach a class. The March class is March 28th and 29th. It's called the Golden Gap course. Class is $69.99 US dollars. Again, it's online. It can be anywhere in the world. And take the class. Okay. You must pay by credit card. You must email me for the forms if you want to sign up at melissaatthestockswish.com. Now I'm running this sale here through only March 22nd, which is Sunday. It includes the Golden Gap course. The stocks were shilled by the trading room through the end of the year. 2020. That is a huge bonus. Get all my market reviews in the morning, the trade calls, the trends course and the wealth manifestation course. All for one price, $69.99, which is a normal class price. Again, class is Saturday and Sunday, $9 to $5. Then I'm doing an options newsletter package. You get the Gap Options newsletter, the Gap Options course and the wealth manifestation course. This is nice. $59.99. Options newsletter. If it's going to be emailed to you, you take them when you get them. This is $59.99 for one year of the newsletter. Gap Options course is 20% off, which is great. April 2nd is this class. Includes one month free of the Gap Options newsletter. Okay. That's $2,000, normally $2,500. All of those sales are good through Sunday, March 22nd. So it's a time to make money. It's a time to get going. It's a time to really, really buckle down. And in these times of crisis, you can do well if you're focused on the right things, if you have the right attitude. Like I said, try to see the glass half full at this point. Okay. 2020 could be your year to maybe change careers and become an active trader. If you're interested in questions, of course I'm home like everybody else. I'm a hunker down here in New York. Luckily I have a fabulous apartment. And I feel bad for the people that are in apartments that don't have a lot of space, but I have a nice space here. I work from home all the time. It's been a great year. I'm here if you have questions, call me. 929-3200 Gap. Have a wonderful, wonderful week everybody and stay safe.


So let's get the big news out of the way right away. There's a Nintendo Direct tomorrow. I'm sure you've heard by now, and if you haven't, well, congratulations, I am the first person to tell you about a Nintendo Direct tomorrow. It's happening at 7 a.m. Pacific or 9 a.m. Central. We're obviously gonna be doing a pre-show and a live stream for this event. It's gonna feature roughly 40 minutes of information focused mainly on Nintendo Switch titles launching this year, including new details on Pikmin 4. Yes, folks, this is a full-on general Nintendo Direct, not a mini, not a partner showcase. Nintendo ain't messin' around. They did it. They dropped the Direct today. Or, well, tomorrow. I guess they dropped the news. The Direct is happening today. So what I wanted to do in this video is go over all of the leaks and rumors in regards to, well, this Direct. Because believe it or not, we have both varieties. Actual leaks from companies messin' around. And then, obviously, we have rumored information as well. Some we have covered, but we haven't covered everything officially outside of the live stream last night. And even during our live stream last night, there's been developments since then. So first, let's get into the leaks. Now, the biggest leak that happened was Ubisoft. They accidentally sent live information on Mario Plus Rabbids DLC. This information included a Mecha Bomb, King Bomb Bomb, rabbit thing. Look, it looks really cool. It looks sick. I showed it on screen a little bit. They took down this news post quickly after they sent it live on Switch. It might be back up at this point. I didn't double check this morning, but I did see it myself, and I did see that it got removed. This was a nice Oopsy from Ubisoft. They've had several Oopsy's over the years that lead to leaked information. So it does look like Sparks Hope DLC information is highly likely in this direct. Another Oopsy came from Atlas. So Atlas uploaded an unlisted trailer for Persona 3 Reload. And in the first line of the description of the trailer or the second line, they mentioned that Nintendo Switch is a supported platform. This is the second time there's been a reference to Nintendo Switch with Persona 3 Reload from Atlas. And of course, once that got noticed and posted, people quickly went ahead and updated that. People at Atlas and removed the Nintendo Switch mentioned. So if Persona 3 Reload isn't coming to Switch, then Atlas is doing a horrendous job internally in terms of not spreading misinformation. And if it is coming to Nintendo Switch and it was meant to be announced in this direct, they've done a horrendous job of hiding that fact. So it does look like Persona 3 Reload should be an expected announcement in this direct as well. Why? I don't know, it just is what it is. Now there are more things going on out there because another leak happened because the support page for Crash Team Rumble features the Nintendo Switch. It's crazy, right? So they talk about how you need to make sure your console is up to date in order to properly play Crash Team Rumble. And on there is the Nintendo Switch. Why are they including the Nintendo Switch in a game that was never announced for Nintendo Switch? Well, because this could be something that's being thrown in the Nintendo Direct. Again, the leaks are just pouring out there. Now, we get into the more fun things. Actually, wait, hold on, we have one more leak. This is actually where Pikmin 4 and this comes from Nintendo themselves. They put download cards to buy the game in Japan and the download cards contain information previously unknown about the game. So you can purchase these download cards right now and the charming download card reveals that the game will feature two-player split-screen mode. Again, previously not announced and that the game was built using the Epic Games popular Unreal Engine. This will be the second game Nintendo has used Unreal Engine to build the game. Now we don't know if it's Unreal Engine 4 or 5 but still it looks like Pikmin 4 was made with Unreal Engine. Pretty insane. So those are like leaks that we have. We obviously know we're getting more information than Pikmin 4 because Nintendo told us. So what else could be in this direct? This is where we get into maybe the more fun stuff and that is the rumors. So first, some people think there might be a Mario sluggers because Nintendo had an ad pop up during a Mariners game and if you remember, Nintendo used to be a majority owner of Seattle Mariners or no longer. They're a very, very minor stakeholder and here's the thing. You can see Mario holding the bat. It doesn't really mean anything. They've actually been advertising this exact same ad at several Mariners games many times over the years. So it doesn't really mean anything. It's more of a Switch ad and they're just related it to baseball because it's at a baseball game but who knows if you want to read too much into it then read too much into it. Now what we do have is that Pyro underscore ND guy we talked about him yesterday and how he heavily hinted towards a 2D Mario. We basically said a 2D Mario game is happening and it won't be of the new variety AKA one of new in the title and that he also hinted with a Yoshi that hey, there's gonna be a SNES remake and people are thinking Super Mario RPG because the Yoshi he shared is directly from Super Mario RPG. Also, some people like me kind of speculate maybe a Yoshi's Island but it turns out Papa Genos has heard that there is going to be a Super Mario RPG announced in this direct. So that seems to be where people are leaning.  Now throwing on top of that, Pyro this morning went out there and was like good morning and what did he post? A Detective Pikachu gift. If you remember Detective Pikachu was announced back in 2019 and we haven't seen anything since so a brand new one was announced, right? So maybe and it would be weird because we don't really get Pokemon stuff like that in directs anymore and more so it just appears in Pokemon Presents but it appears they might be potentially teasing that or they just thought it was a fun gif to post because it's the day the Nintendo Direct was announced. Now this is where we get into some interesting stuff. So the A9VG leakers seems to have teased that Shimagami Tensei 5 complete edition is coming and that could be announced. Now they do think it'll be multi-platform but that could be announced here in this direct. After all Shimagami Tensei 5 was a Switch timed exclusive so that's pretty interesting as well. Now this is where we get into the hopeful territory. This is what, this is the wishful thinking and I'm tired of seeing people running around telling me this is happening, this is happening. Guys the source on this is Zippo who's got so many potential leaks out there at the moment that haven't been announced that you could almost just think he's making it up at this point but Leaker Zippo has claimed that Chrono Trigger remake is in the works. A lot of people really want this. It's a heavily requested remake so it's getting a lot of popularity just from fan desire. He does note however that he doesn't know when it's gonna be announced. He always gives himself an out. Oh it could be in this direct. Also I don't know when it's gonna be announced so it might not be in there. So keep expectations at a minimum. It's just, the way he talks about this stuff is always infuriating to me because he never really commits. He doesn't commit to, we're gonna see this at this direct. See at least when Jeff Grubb takes his swing and miss with Metroid Prime or his swing and miss with the Wind Waker and Twilight Princess HD at least the guy tried. He put it out there, he swung and missed, he owned it and he paid the price which included his hair when it came to Metroid Prime remaster but that's the thing is at least he was committed enough to put it out there. Zippo doesn't do that. He just says this game is in the works. Oh you'd like to know that this game is in the works and that game is in the works and this game is the works and I am the only person in the whole universe that is aware of this and I still don't know when it's gonna be announced. It's just not, it's just not cool. Like getting people's hopes up like that when you're the only person. See at least there's been multiple people that have said a 2D Mario's coming including Zippo but like in this case he's the only person saying Chrono Trigger Remix happening which that's usually a red flag. Anyways guys, that's pretty much it. You guys know that we might have another video later today. We'll see. If not, hey we will be live streaming the Nintendo Direct tomorrow. We'll obviously go live early with a pre-show talking probably going over all the rumors yet again and any new rumors that might have been added since this video went up and just in general hyping up the Direct because this is our big summer Direct. There won't be another one probably till September. Some people like Player Essence have speculated this might even be the final full Nintendo Direct just dedicated to Nintendo Switch. Now you could believe that if you think new hardware might get announced this year. So let's see what happens guys. I'll catch you in the next video.


That's what I'm saying. Thank you, Prabhu. Okay, so in the New Testament we see that there's this full and final sacrifice and because of that, something when we receive, when we invite, when we accept, there's some change that happens within the spirit of man. That was not the case, that was not the case of the Old Testament. So just by observation, I'm saying, okay, it's post-across that the Holy Spirit because of us being new creations and our spirit being born again, our spirit being alive to the work of God that He comes and indwells with us forever. So that's one observation. So that's one difference that we see in the Old Testament and the New. Because there's a big difference, right? In the Old Testament, saints, if you want to call them that, and the New Testament believers, this was one major difference. They were looking towards the cross. Of course, they believed God, like it says about Abraham. He believed God, it was a counter to him for righteousness. That is we, we've been born again. And the Second Corinthians 5 talks about the fact that he knew, he made him who knew no sin to be sin, so that we become the righteousness of God. So he's no more accounted for righteousness, but we become the righteousness of God and Christ, Christ Jesus. So there's a big difference. Yeah, so that's what I think. But it's God's plan, it's God's purpose. That's how we work. Okay, so coming back to this thing. So what are your thoughts when you look at this ministry of the world? The Holy Spirit is? How are you? He's already there. So in a sense, if you see, he's already present. He's omnipresent, Holy Spirit, he's omnipresent. So you can't contain. And the fact is that when the Lord says that he will send the Holy Spirit, it is with the specific intent of indwelling the believer. He'll send the promise of the Father. You wait in Jerusalem, I will send the promise of the Father. It was for the first time that he would indwell the believer. So that's the thing. That is why he says he will send the promise. But the fact is that he was there. Like if you see, he's got the Father here. I mean, yeah, he is. He's in heaven, but the fact that he's God is everywhere. The Holy Spirit, he was there at creation and is he there? Yeah, of course he is. But the fact is the way he is in a believer, he's going to be there in a way that he was not earlier. So he's saying, I will send the promise of the Father. We read about baptism of the Holy Spirit also. We see that. See, when a believer is born again, he's already sealed with the Holy Spirit. He's there. The Holy Spirit is already there. But then this baptism of the Holy Spirit is another experience for the believer where he comes upon the believer in a greater measure to take the believer and to release certain things in a believer's life, to be witness with power, what we see in Acts chapter 1. So does that mean the Holy Spirit is not there? Oh, he's there. He's in dwelling because that's how we know. Okay, suddenly we become sensitive to sin.  All that is because of the work of the Holy Spirit. But then in baptizing the believer, he comes upon the believer in a different measure to take the believer and to release certain things in a believer's life. So that's the thing. So it does not mean that he's not there and he suddenly is there. He's there, but he's doing a different work. Okay. Online folks, any thoughts from your side? These were a couple of questions here, but what are your thoughts looking at the entire journey of the Old Testament through the Old Testament to work of the Holy Spirit and you also? Absolutely. So what, okay, we have another Nina here. There's a Nina here also. What is yours? Okay, Nina Santosh. There's Nina John also here on my class. Okay, so what Nina is saying is that it's a privilege because it's something that the Old Testament saints did not have because we have the indwelling presence of the Holy Spirit 24, 7, 365 days. Not a moment where he's not there. So it's such a privilege for us. We have, we can anytime call upon God. We see the Old Testament, they will say, hey, I want to hear from God. Let us go to a seer. Let us go to a prophet. Let us inquire of the Lord, what God's thoughts are, because they were clueless. They had the law and scriptures, but they were clueless of what would God want in this particular thing.   Okay, some here. The Holy Spirit is always at work enabling people and empowering people, Prabhu says that, and then Tushar, only through the Holy Spirit, prophets and kings in the Old Testament were able to perform God's mighty work. Yeah, right. Okay, so there is more. There is much more for us as believers. That's all we can say, I kind of, anointing earlier. Sorry, in the Old Testament? Yeah, yeah, yeah. So we see that. Okay, so Karen is asking about the anointing oil and the reference is there in, I think, it's there in the notes. I don't remember it off hand, but the fact is this anointing oil was used and the tabernacle was there and everything that happened in the tabernacle, you know, the sacrifice that happened and you'll be learning about it in the praise and worship session also. This whole journey from the outer courts to the Holy of Holies and how the High Priest would do that once a year to the Holy of Holies, et cetera. So what was that? So that was a type. It was a symbolic act which was actually referring to what the Lord Jesus would do and what would follow. Animal sacrifice, everything associated with that. Do we still do it? No, because it ended at the cross. So also the oil, you know, it was a symbol. It was symbolic of the work of the Holy Spirit. So today there's no necessity for that. We don't have that. We don't use that. But the fact is that the Holy Spirit Himself, He is the oil of gladness. He does that work in us. So that's why. So, yeah. The only thing that we see about oil is, you know, what we see in James with an anoint with oil and pray and it's again a symbolic act. There's nothing special about the oil. There's nothing magical about the oil. What about baptism? There's nothing special about the water going inside water coming out. It's a symbolic of a very great spiritual truth. Okay. Okay. Some more. Thank you, Nina. Yeah. Thank you, Prisha. Yeah. Okay. So let's, so we understand. We understand. I mean, it's, it's sometimes we just, we're so humbled that the God of heaven and earth would choose to dwell in us. The God of heaven and earth would choose to do His work in us and through us. Right. So I just think about it. The God who was the Holy Spirit who was there hovering over the waters at the time of creation is the same Holy Spirit who's dwelling us. Just think about that. So he knows everything. He's seen everything. History. He was there at the early church. He came upon the disciples and birthed the early church, the first, you know, the New Testament church and he's the same Holy Spirit who's with us and he's the spirit of wisdom and he's the spirit of understanding. So, so the importance of us as believers for us to commune with the Holy Spirit, like we saw in our second Corinthians, the fellowship of the Holy Spirit, we really need to crave, spend time, have that communion with the Holy Spirit. Right. So that's something that we see. Okay. So chapter four, chapter four, can you just tell me what is the page number? Page number nine. Okay. So let's move to chapter four and we're going to look at the work of the Holy Spirit in the life of the Lord Jesus. Okay. The work of the Holy Spirit in the work, in the life of the Lord Jesus. So we see that first we look at what was the work of the Holy Spirit, you know, in those events which was just leading up to his birth. Right. So the work of the Holy Spirit. What was the Holy Spirit doing in the events just before the birth or, you know, the coming of the Lord Jesus? Okay. So let's look at Luke chapter one. Okay. Luke chapter one and verses 15 to 17. Okay. Luke chapter one verse 15. It is about the John the Baptist and the angel comes and he tells Zechariah's father of John the Baptist. Let me just read from verse 13. The angel said to him, do not be afraid Zechariah's for your prayer is heard and your wife Elizabeth will bear you a son and you shall call his name John and you will have joy and gladness and many will rejoice at his birth for he will be great in the sight of the Lord and shall drink neither wine nor strong drink. Also be filled with the Holy Spirit even from his mother's womb and he will turn many of the children of Israel to the Lord their God. He will also go before him in the spirit and power of Elijah to turn the hearts of the fathers to the children and the disobedient to the wisdom of the just to make ready a people prepared for the Lord. So this was mentioned about the Holy Spirit in the life of John and his prophesy, this is what will happen through John's ministry. He's going to prepare people for the Lord Jesus to come and he's going to prepare him in this way prepare the hearts of people in this manner because he's going to minister in the spirit and power of Elijah to turn the hearts of the fathers to the children and the disobedient to the wisdom of the just. So we read about this John the Baptist. Just a minute. Aria, Lohae, So is that a question or just a statement that you're making? Holy Spirit spoke to an individual or a group of or a group of people. I guess that's an observation or a statement that you're making. If it is a question, could you please clarify and I'll answer that. Let's look at another another reference the same chapter Luke chapter 1 and verse 35 the angel answered and said to her to whom? To Mary. The Holy Spirit will come upon you and the power of the highest will overshadow you. Therefore also the Holy One who is to be born will be called the son of God and then verse 37 with God nothing will be impossible. Then Mary said the whole made servant of the Lord, let it be to me according to your word and the angel departed from her. So in that communication that the angel brings this news says that this is what will happen that Messiah will be born and the usual name he should be called this and so on. So he says the Holy Spirit this will be a work of the Holy Spirit it will be a supernatural miraculous work of the Holy Spirit and it will be because of the power of the Holy Spirit and the Holy One will be called the son of God. So we see that this is something that he does and this is even before the coming of the Lord Jesus. Same chapter we go to verse 40, 41 so this is very exciting this whole chapter Luke and we see there's so much happening before the birth of the Lord Jesus. There's prophesying, there's Zakras and he receives, he has this vision the angel comes and visitation rather, not a vision from this angel and this happens and then Mary has this visitation of this angel Gabriel and then this happens and then Mary goes to Elizabeth so that is what we see and it happened when Elizabeth heard the greeting of Mary that the baby leaped in her womb and Elizabeth was filled with the Holy Spirit then she spoke out with a loved voice and said blessed are you among women and blessed is the fruit of your womb but why is this granted to me that the mother of my Lord should come to me for indeed as soon as the voice of your greeting sounded in my ears the baby leaped in my womb for joy. Blessed is she who believed for there will be a fulfillment of those things which were told her from the Lord so amazing things happening if you can just picture it just thinking what was going on in Mary's mind she was troubled about society and all that but then she came to that point and saying be it unto me according to the word of God and be it unto me according to your word actually which was indeed the word of God so that happens and then she goes to visit Elizabeth and Elizabeth is filled with the Holy Spirit and she prophesies and this is what she says so no one has any clue what is happening in Mary's life but Elizabeth prophesies by the Spirit by the Holy Spirit and she says blessed are you among women and blessed is the fruit of your womb and then she says why is this granted to me that the mother of my Lord should come to me and then she testifies and says as soon as your greeting sounded in my years she was expecting John the Baptist she was pregnant with John the Baptist and she says the baby leaped in my womb as soon as your greeting was here and then verse 5 she is actually confirming those words that Mary actually spoke to the angel what did Mary say verse 38 let it be to me according to your word and here Elizabeth is saying blessed is she who believed for there will be a fulfillment of those things which were told her from the Lord another person her own cousin Elizabeth and she is like testifying and she is saying there will be a fulfillment of those things which were told by the Lord she had no clue she was just prophesying because of the spirit of God okay okay let's look at verse 67 verse 67 and we see this instance of incident of okay I'll just come back to you Araya we see this instance where John the Baptist's father okay so he is filled with this Holy Spirit and he prophesies let's just read through let's see what he prophesies and blessed is the Lord God of Israel for he has visited and redeemed his people and has raised up a horn of salvation for us in the house of a servant David as he spoke by the mouth of his holy prophets who have been since the world began that we should be saved from our enemies and from the hand of all who hate us to perform the mercy promised to our fathers and to remember his holy covenant the oath which he swore to our father Abraham to grant us that we being delivered from the hand of our enemies might serve him without fear in holiness and righteousness before him all the days of our life and you child will be called the prophet of the highest our John right and you will go before the face of the Lord to prepare his ways to give knowledge of salvation to his people by the remission of their sins through the tender mercy of our God with which the day spring from on high has visited us to give light to those who sit in darkness and the shadow of death to guide our feet into the way of peace so he is just declaring this is what God is saying and he is prophesying just looking at the baby and he is prophesying this so again an amazing thing same thing also for us in our day and time we can pray prophesy over people the heart and mind of God and especially children prophesying the destiny that God has for them another question here or a group of people we see both in the Old Testament and we see both both happening that can happen so if particularly to the Old in the Old Testament we see that we see about okay we know that the Holy Spirit came upon specific individuals and for a specific task we saw that and we also saw that he would come upon a group of people like the company of prophets as they were coming down high place and they were prophesying and Saul joined them he also started prophesying so it was over a group of people so it would happen to both individuals and for a group and specifically in Acts chapter 2 we see that the early church all the disciples were gathered together in the upper room and the Holy Spirit came upon them and it was a group and we know that he came upon individuals also so he would do both okay okay look chapter 2 Simeon so we see look chapter 2 and verse 25 okay so here's this person Simeon says he was in Jerusalem he was just, he was devout he was waiting for the consolation of Israel he was waiting for the Messiah and the Holy Spirit was upon him okay and it had been revealed to him by the Holy Spirit that he would not see death before he had seen the Lord's Christ okay so he came by the Spirit into the temple and when the parents brought in the child Jesus to do for him according to the custom of the law he took him up in his arms and blessed God so just imagine he's in the temple and here's this couple walking in with a child to do the custom of circumcision according to the Jewish laws and the Holy Spirit he comes into the temple by the Holy Spirit we don't know how many people were there how many couples were there with their children to do this but then immediately the Holy Spirit testifies to Simeon this is the Messiah so we don't know how many children were there he takes up the child Jesus in his arms and blessed God and he said, Lord now you are letting your servant depart in peace according to your word for my eyes have seen your salvation which you have prepared before the face of all peoples a light to bring revelation to the Gentiles and the glory and the glory of your people Israel and Joseph and his mother at those things which were spoken of him and Simeon blessed them and said to Mary behold this child is destined for the fall and rising of many in Israel and for a sign which will be spoken against and then he says, a soul to pierce your own heart and soul also that the thoughts of many may be revealed referring to the sorrow that she wouldn't experience at the crucifixion of the Lord so the thing is this this is some very disjoint events but at the same time the same Holy Spirit bringing it all together there is the visitation there is this Holy Spirit coming upon Elizabeth Mary going to visit Elizabeth and Elizabeth experiencing maybe moving at this time that Elizabeth said, Mary said hello and she prophesies and is saying, this is the Lord mother of my Lord who is with me very exciting things and then the Lord of the temple and here's Simeon he's been waiting and the Lord has told him, you will see you will see the Messiah before you die and there could be many people in the temple, we don't know but then he zeros in on this couple and this baby he takes and he prophesies by the Spirit of the Lord so all those exciting things happening okay then we come to John Matthew chapter 3 and how the Holy Spirit is baptizing or the Lord Jesus is baptized by the Holy Spirit and let's just read that so it's there in Luke chapter 3 as well look chapter 3 over 16 John answered and saying to him, I indeed baptize you with water but one mightier than I is coming sandals trap, I'm not worthy to lose he will baptize you with the Holy Spirit and fire okay his annoying fan is in his hand and he will thoroughly cleanse out his threshing floor and will gather the wheat into his barn for the chaff he will burn but the chaff he will burn with unquenchable fire and with many other exhortations he preached to the people okay and then it says in verse 21 when all the people were baptized they came to pass that Jesus also was baptized and while he prayed the heaven was opened and the Holy Spirit descended in bodily form like a dove upon him and a voice came from heaven which said you are my beloved son in whom I am well pleased if you just turn back to Matthew chapter 3 it again describes in greater detail it says Matthew chapter 3 and verse 11 says I indeed baptize you with water unto repentance but he who is coming after me is mightier than I whose sandals I'm not worthy to carry he will baptize you with the Holy Spirit and fire and then on verse 12 verse 13 then Jesus came from Galilee to John at the Jordan to be baptized by him and John tried to prevent him saying I need to be baptized by you and are you coming to me but Jesus answered and said to him permitted to be so now for thus is fitting for us to fulfill all righteousness then he allowed him when he had been baptized Jesus came up immediately from the water and behold the heavens were open to him and he saw the Spirit of God descending like a dove and alighting upon him and suddenly a voice came from heaven saying this is my beloved son in whom I am well pleased we saw this in the first chapter right at the beginning when we studied the picture of Trinity the train God in Scripture so we saw that so we see that the Holy Spirit the work of the Holy Spirit baptizing the Lord Jesus coming and alighting upon him and when he's baptized in water by John okay so so all these things happen in the events leading up to this these Lord Jesus baptized with the Holy Spirit right from just before his birth and till this instance we see the work of the Holy Spirit happening there so let's look at the work of the Holy Spirit in the life of the Lord Jesus okay we looked at Matthew chapter 3 if you look at Matthew chapter 4 we see that he was led by the Spirit when Jesus says Matthew 4 and verse 1 then Jesus was led up by the Spirit into the wilderness to be tempted by the devil and then it talks about how he fasted 40 days and 40 nights and afterwards he was hungry and then the temptation that he faced and overcame the work of the enemy the temptation of the devil okay then we go to look at any questions here leading him to the wilderness and the Lord is spending time fasting and praying and we also learn a lot from that about fasting and praying but specifically it just shows us the fact that he overcame the enemy it was a season of tempting by the enemy but it was actually well it was actually the Holy Spirit leading him to overcome the temptation which is what every time the Lord did and then it says when you read Matthew 4 the angels came and tempted the minister to him and it says that he returned which verses that Matthew 4 look at Luke chapter 4 verse 1 and sorry not 4 not 4-1 but 4-14 okay so at the end of all these temptations and Lord refuting the temptation of the enemy verse 14 says then Jesus returned in the power of the Spirit to Galilee and news of him went out throughout all the surrounding regions right so the Holy Spirit led them for this specific season or time period where he was tested where he was tempted by the enemy and it was an opportunity for the Lord to actually overcome and after that we see that he returned in the power of the Holy Spirit and it is then that he starts this earthly ministry and it was in the power of the Holy Spirit and it says that news about him spread throughout which means that his ministry of teaching his ministry of the supernatural works of healing deliverance everything actually happened from there because he had actually broken the power of the enemy so to speak and he was filled with the power of the Holy Spirit so we see that the Holy Spirit led him for this specific task or this specific task that right just before starting the earthly ministry and it is so that he might win that victory right so I mean that's what we see in scripture right okay any other questions yeah like we don't know the Bible does not say whether he's spoken tongues or not but it also says that in the garden he prayed and it was with the heaven cries so we don't know but then the fact is that acceptor acceptor 2 acceptor 9 acceptor 10 you know all those scriptures we see that for the early church this is something that was available and this is something for the believers and it was for a purpose when we study the gift of tongues we see it was for a purpose it was to release all the wonderful benefits of praying time in 1 Corinthians 12 13 14 talks about you know the work of the Holy Spirit specifically in the area of releasing gifts for the edification of the church so we see it's a good thing right and it has been it is for the believer and you know John chapter 14 and verse 12 the Lord talks about certain things that the believers would do he says you know it's the area of faith he says the works that I do he will do also and greater works than these you will do I John chapter 14 verse 12 so it's not mentioned what are those great works that the believer in Jesus would do of course it's slightly out of context in the sense it's the great works so so you know we can conclude that the Lord has these things in store for us yeah so that's it it's for us it's for the church but just because you don't pray in tongues doesn't make you a second class believer you know the Lord still loves the Lord still the same but it's for us why don't we make use it's for us why don't we receive but you want to refute yeah any other questions anything online class if you have any questions okay so we're going to look at one more verse like verse 14 Luke 4 verse 14 he returned in the power of the Spirit and news of him went throughout all the surrounding regions okay so Acts chapter 10 also talks about that Acts chapter 10 and verse verse 38 how God anointed Jesus of Nazareth with the Holy Spirit and God with power who went about doing good and healing all who were oppressed by the devil for God was with him so that brings us first to the understanding that the Lord Jesus was anointed by the Holy Spirit and he did these great and mighty works by the power of the Holy Spirit so that's one then the second question is the Lord Jesus ministered by the power of the Holy Spirit was but wasn't he God right so what you know what's the big deal in the sense he could anyway do it but why is it does it specifically say that he ministered by the power of the Holy Spirit that he was anointed by the Holy Spirit it's there for a reason right so let's look at that you know the whole aspect of how Jesus ministered by the power of the Holy Spirit let's spend some time on that so we're going to look at the fact that the Lord Jesus when we're going to study this we're going to certain things we have to keep in mind well the Lord Jesus was deity is deity what does it mean he's God because we read that he is eternal work and everything was done by him we read that Colossians 1 we read Hebrews chapter 2 and we see that this is what so that doesn't change so he was God he is God he always will be but when we look at his earthly ministry we see that he did not walk or he chose not to walk in the attributes of God so what are those attributes he was not omnipresent he was present in one place omnipresent means present everywhere but he was in this human body he was present in that place time and geographical location he was not omnipotent in the sense in his earthly body he was tired he was weak he was hungry so all that we see so let's look at Philippians chapter 2 which explains this Philippians chapter 2 and verse 5 so while we look at this again I want to repeat that we're not saying that he at any point he was not God he was God he is he will always will be and so we're not saying he stopped being God but the fact is that Philippians 2 says let this mind Philippians 2 and verse 5 let this mind be in you which was also in Christ Jesus who being in the form of God did not consider it robbery to be equal with God but made himself of no reputation taking the form of a born servant and coming in the likeness of men and being found in appearance as a man he humbled himself to the point of death even the death on the cross therefore God has highly exalted him and given him the name which is above every name that at the name of Jesus every knee should bow of those in heaven of those on earth and of those under the earth and that every tongue should confess that Jesus is Lord to the glory of God the Father so it says every knee should bow which means worship deity so it's very clear but the fact is that he made himself of no reputation and the Greek word used there is kinu which means that to make empty so he chose to keep aside or shed that glory of omnipotence omniscience all knowing, all powerful present everywhere as he walked as a man as a human being he chose to keep that aside and minister and therefore he had to be baptized filled with the power of the Holy Spirit so we see in the human body of course he got tired he says I'm hungry I'm thirsty you know he was not omnipresent he was not omniscient in the sense Luke chapter 2 talks about how he grew in wisdom and in stature so it was not as if the Lord Jesus when he was born like he was speaking fluent you know whatever Aramaic or Hebrew language he grew in wisdom and stature he asked us to comprehend right how can that be so Mary must have taught him this is an apple this is an orange and he's learning those things so the thing is that though he did not cease to be God he chose to walk on the earth he emptied himself made himself of no reputation let's read that verse again yeah thanks Nina, fully God and fully man yes so let's read that verse again so who being in the form of God did not consider its robbery to be equal with God but made himself of no reputation and that he emptied himself of of laid aside the powers of deity as he walked on the earth but he walked in the power of the Holy Spirit okay now John chapter 1 we go to John chapter 1 and verse 14 let's look at that quickly John chapter 1 and the Word became flesh and we and dwelt among us and we beheld his glory the glory as of the only begotten of the Father full of grace and truth glory as the only begotten of the Father and of the as of the Son so what does glory mean so we need to understand that what does glory mean that's again the word that we use as believers glory be to God and they just shout out the excitement glory, hallelujah etc so what does glory mean that word doxa it just means who God is and what he does who God is and what he does so when we say the glory as the begotten talks about who God is and what he does let me read that verse again and we beheld his glory we beheld so John is saying we saw the glory we saw the glory of the Son we saw who he was and what he did we saw the glory of the Son and we use the word doxa which is used for for God the glory as of the only begotten of the Father full of grace and truth so when we say doxa it means a manifestation a making apparent display what is a display in many of our homes we have a display we put all the cups medals all the medals are there what are those my son is good in sports this is what he won you put it on display it's like a museum sometimes so it's to put on display for all to see when you put it on display it's like to see this so John is saying we saw the display of who this Son was Son of God was we beheld we saw his glory as of the only begotten of God so just hold on to that doxa who God is and what he does so when we when we see that the Lord Jesus brought on the earth so let's go to John chapter 17 so it says here John chapter 17 the Lord is praying to the Father Jesus spoke these words lifted up his eyes to heaven and said Father the hour has come glorify your Son that your Son also may glorify you as you have given him authority over all the flesh that he should give eternal life to as many as you have given him and this is the eternal life that they may know you the only true God and Jesus Christ whom you have sent I have glorified you on the earth I have the finished the work which you have given me to do and now very important look at this verse and now oh Father glorify me together with yourself with the glory which I had with you before the world was ok so in other words a lot is saying Lord I have been walking with this you know if you can call it sonship glory on the earth now Lord I am finishing the work glorify me together with yourself with the glory which I had with you before the world was so what does that mean yeah so what do we understand we share the same glory yes at creation and the Lord is very specifically saying you glorify me now so which means that he is saying that I am walking in a different glory now on the earth right and John is also saying we held his glory as of the only begotten Son of God so he is walking in what we can say a son as a glory of the son or the sonship glory ok who God is the manifestation of who God is and what he does he is walking in that sonship glory but is not with the glory that he had at you know when the world was formed there is a difference right so he himself says it in as many words ok so ok let me just look at a few comments here yeah basic English is that you know glorify but then you look at this I am just referring to sori's comments yeah when you look at the Greek word doxa that is specifically you know referring to the glory of God right manifestation of God and his attributes right ok yeah thank you for all those comments ok so I guess we will stop here and we will continue and you might have more questions later but it's important for us to understand you know this aspect of the ministry of the Lord Jesus which will really enable us to understand the ministry of the Holy Spirit through and to the believer as well ok ok thank you we will stop here God bless


Our guest today is Dr. Robert Murphy. He is a PhD in economics from NYU. He's president of consulting by RPM and he's a senior economist. He's the Institute for Energy Research. He's also author of hundreds of articles, including one of my favorites, the politically incorrect Guide to Capitalism. And he's a senior fellow at the Mises Institute teaching online courses there. So Bob, welcome to our show. Thanks for having me, guys. How's it going? I hope you feel honored. This is the year that our first guest in our new studio here. This is taking months of logistics to take place. And you're kind of a hard guy to get a hold of. You've been doing a lot of traveling, I know. Yeah, yeah. So I'm glad to be here with you guys and congratulations on the new digs. Thank you. By the way, you're teaching a course at Mises in later April on how the government wrecks the economy. What a wonderful topic Bob. Yeah, very timely. Give us a preview. Let's get into that a little bit. Give us some of the high points of maybe some of the topics you're going to be discussing and what are our appetite for this class? Sure thing. So yeah, it's going to be a six-week course. And if people want to see it, it's at academy.mises.org is where they can get all this information. And it's what I'm doing is going through the final third of my textbook called Lessons for the Young Economist. And the PDF of that is available online for free if people want to look that up as well. And so I just walk through what this is. It's supposed to be a textbook. It's suitable for people as young as junior high, but even adults who never really studied economics say they get a lot out of it. And I just walk through some of the main points as to why government intervention, as the title suggests, wrecks the economy. So it starts out with just pure socialism and gives the theory as to why socialism doesn't work, and then reviews the historical record, which a lot of people just have never been taught this. Just literally the body count of socialism the 20th century is in the millions. And I don't even mean just like in a war.  The body count is in the millions. And so we just walk through that. And then in the final section, we just go through some standard things that happen even in Western democracies, like price controls, minimum wage laws, rent control, drug prohibition, just the economics of that and explaining why it is that there were gangsters involved in the alcohol trade when alcohol was prohibited, that sort of thing. And then we also wrap up with some more complex topics, namely inflation, like where does inflation come from, and the causes of the business cycle. And so there I give the Austrian school approach, saying that it's actually the central bank's manipulation of money and banking that causes what we refer to as the business cycle. Well, let's talk about one particular topic, which is why socialism doesn't work. Misi is very clearly laid out a totally different philosophy than the Keynesians, which is you can't do calculation. You don't have any pricing discovery mechanisms in socialism when there's just massive government intervention into the marketplace. The Austrians differentiate that very distinctly. But how come the Keynesians think they can get away with some of these faux forms of socialism we see to be creeping toward? Well, you're exactly right that this goes back to and that's what I talk about even in the book. Of course, I try to use language accessible to was lowest junior high students. But it is drawing on what was it's called the socialist calculation debate and that occurred in the early 1900s. As you mentioned, Ludwig von Mises, he sort of launched this new salvo in the war between the market economy and socialism, because up to that point, the debate had been over incentives. People who were opponents of socialism as it was being propounded in the late 1800s were saying, oh, come on, if people are just getting their cut out of what the common pool, well, then why would anyone have an incentive to go to work? And that sort of thing, which is all very, very true. But Mises said that's not the fundamental problem that even if all the comrades in a socialist society just obeyed their orders with enthusiasm, still socialism doesn't work because they lack market prices in the means of production that basically businesses and managers can't engage in a profit and loss calculation. And so they would just have no idea if they're efficiently using resources. They could look and see, okay, we're having this much steel going, this much rubber, this much electricity, an ounce pop in this many cars per month, but they would have no way of knowing, should we keep doing this or is this wasting our resources? Because that's what the profit and loss signals give you in a market economy. And so to answer your question, I think the reason that Austrians are more attuned to that sort of problem, whereas Keynesians would not be, is that in the sort of mathematical models that Keynesians typically use to describe the economy, these sorts of issues don't come up because if you just have a few variables in there and you're modeling the economy is just a big pile of capital and a big pile of labor and there's a simple mathematical function, combining them to give you the output, well then it's easy to have a government official tweak things and make it better than that silly old market will do. But when you get more realistic about how things are in the real world, then you see the essential role that market prices play in why you need profit and loss accounting to help guide entrepreneurs make the right decisions. Well, I think we're seeing that in the market today with quantitative easing. We have massive intervention into the credit market, sending signals to entrepreneurs, many of which have made malinvestments from these signals because of the government intervention. I think the housing crisis was a perfect example of that and it blew up in the Keynesians' face. Yeah, I think you're exactly right. And perhaps one way of putting the matter is to say that when you see people nowadays arguing over the effects of quantitative easing and so on and the Fed's zero interest rate policy, most economists, especially the Keynesians, will say, well, look at CPI is not going through the roof. And so therefore, obviously, there's no fallout from the Fed's policies. And as they think, the only bad thing that could possibly happen from pushing interest rates down to zero is that prices might start rising too rapidly and that kind of messes things up. And so they realize, oh, well, if you're pushing the gas too hard and you overheat the economy, when the Austrian is having a much more nuanced view and realize that the interest rate serves a very important coordinating function. And if the interest rate is supposed to be 3%, but instead it's 0.25%, that's going to screw things up. Entrepreneurs are going to make the wrong investments. And so it's not just a matter of some aggregate CPI that the BLS puts out and what's the percentage change of that. That's a very crude thing that the interest rate is just a market price. And so if that's the wrong number for several years in a row, that's going to screw things up. Yeah. And for me, Robert, it comes down to trust as well. We had a gentleman on the program a couple of weeks ago talking about, actually he worked for the Bureau of Labor Statistics. He was more on the employment data, but was talking jobs data. And he said, you know, a lot of times this stuff is cooked and those numbers are slightly tweaked to fit the agenda. So even though we have CPI and PPI data coming out for the BLS, we'd have to raise your eyebrow and say, well, what exactly are we getting here? Is this economic data really enough to make a long-term investment on or an economic decision or even from an entrepreneurial perspective to grow my business based off these numbers when they may not even be true. So let's take a quick break. I'd like to dive into that when we come back after this short break. Also, we had a listener question. I'll just kind of set this up here to give you a commercial break to think about it. The gentleman was saying, look, the Keynesian economics that we have right now, their banks, they went out and bailed out the big banks and they did a great job because if we didn't do that, we'd have a huge collapse of the financial system. So why is it that we're so, I guess, anti, not anti Keynesian, Keynesianism, but pointing the finger at the Keynesians and saying, look, you're doing things wrong. Why would it have been better to potentially have let these banks fall apart, go, kind of fix the problem on their own organically and maybe do an Austrian approach? Well, look at that week of back. Our guest today is Robert Murphy. John O'Donnell is here in studio with me. If you have questions for Robert, John or myself, Power Blast is out of power at tradingradio.com. We'll be right back after a short break. Welcome back to Power Trading Radio Live and your host, Merlin Rothfeld with today's special guest. Hello, everybody. Welcome back to Power Trading Radio. Merlin Rothfeld in with John O'Donnell for our weekend edition. Our guest today is Robert Murphy and Robert, I have a couple of questions. One, I set up before the commercial break there, which was we had a listener a couple of weeks ago sent in a question and obviously we're an Austrian friendly show. I think that John and I both believe that there should be a cleanup of the ramp and spending and just kind of look at the way we're doing things from a government level on down and fix that before we start continue down this path of just reckless spending. And he said, look, the Fed, the government bailing out the banks, bailing out AIG, bailing out General Motors and all these companies was a great thing to do because now look, we're back on the road to prosperity. But what we've done in the meantime is amass an incredible amount of debt and encourage people to build up businesses and fail. And we kind of raised the issue. Look, that wasn't the right approach. I'm curious from your perspective, what would be the Austrian approach and what might be the benefits of it? Sure. Well, I think what I'm going to say is compatible with what sounds like how your position has been. The standard Austrian view is to say that the government has no business picking winners and losers. That as of, let's say that when the crisis fully manifested itself in the fall of 2008, yes, things would have been bad if the Fed and the federal government had just stood back and done nothing. But the point is that's because real mail investments had been made during the housing bubble that people had invested improperly. And so of course, people are going to slap their heads when they realize that and say, oh my gosh, we're not as wealthy as we thought we were. We made a bunch of bad mistakes.  You don't help anything. You don't make the economy richer by doing those sorts of things. So what would have happened, there would have been a short-term crisis and it would have been bad and unemployment would have gone way up and a lot of businesses would have gone under, including a lot of the major investment banks. But there would have been bankruptcy proceedings. Real resources would not have been destroyed just because a company goes out of business. It's just the creditors would have divvied up the assets as best they could to pay off the bondholders and so forth. And the primary benefit of that is that the companies that had been responsible during the housing bubble years, the ones in the financial sector that sort of didn't get too aggressively involved with mortgage-backed securities because they knew, we're gambling with fire here, let's just not get too heavily involved with it. This surely isn't going to last. Those firms then would have had dominant market share and so the system would have worked. It's a profit and loss system and the lesson would have been learned that, okay, yeah, the next time a bubble comes around, you don't want to get involved too heavily because look what happened to all those guys that got crushed in 2008. But now the lesson is, you got to go ahead and pay huge bonuses and get in while the getting's good, when there's a bubble on the way up and then make sure you're politically connected so that you get bailed out if things blow up in your face. And that's hardly the lesson you want entrepreneurs to be learning. Yeah, I think the message of capitalism is there's a place for failure that the role of recessions and depressions is to and credit purging cycles is to wipe out the inefficient producers. People forget in our rail industry as an example, I did a recent paper on the history of the capitalization of our rail industry. We've had 2,000 bankruptcy procedures in the rail industry. We've had 300 automobile companies go out of business. There's a place for reorganization. I remember Merlin, remember when we had all the ISPs out there, we had hundreds of online brokerage firms that merged, purged, or failed and we've got a handful of them, about five that have emerged with maybe 70, 80% market share. But there is a place for failure in a capitalistic system, and that includes the banks. If Citibank had gone under, you don't think our country isn't overbanked anyway? Think about it for a moment. Somebody would have picked up, they would have went through bankruptcy, they would have cleansed all those credit instruments, secured and unsecured creditors, would have divvied up the spoils of the bankruptcy attorneys, would have walked away rich, and banking would have gone on in America. So I think there's a place for failure. It's a function of capitalism. The problem, and I think this is where you were going, Robert, is that there seems to be an improper practice of encouraging failure and rewarding it. Some of these guys took risks that were so stellar that was just unbelievable what they were doing. Their entire business collapses and they take down the general taxpayer with it, but they're the ones that get rewarded to just jump ship and be happy making their hundreds of millions of dollars and everybody else suffers for it. That to me is wrong and there should be some criminal proceedings against some of these guys that really knew what they were doing and brought their companies down willingly. Yeah, and also I think another important point to make in this is it's not that I'm saying, oh yes, the Fed and the federal government's interventions prevented a really bad adjustment process, but that offends my moral sensibilities. No, I'm saying that all they did was postpone it. We are still going to have a much and now a much worse day of reckoning than what would have happened in late 2008 had they not come in and done all those extraordinary measures. So it's not that they spared us the pain, they just deferred it and it's going to be that much worse. Yeah, because the concentrated risk now there's more deposits in the hands of fewer bank brands today than it was pre-crisis. So all I really done is concentrated the problem for the next day of reckoning. Yeah, I mean it just may this is a simplistic way of looking at it, but you know there was the dot-com crash in 2000 and around then 2001 and then they replaced that with the housing bubble and then that crashed and that put in jeopardy major investment banks and then I think the next crisis is going to be that the euro itself might go down. So now it's like whole currencies that are at risk and maybe the Fed will bail them out and so on, but so that each cycle the threat just keeps getting bigger and bigger. In 2008 if people said at that point what if we had just endured the dot-com crash instead of giving us the housing bubble? Everybody would have thought that would have been a walk in the park. So I'm saying the next crisis that's coming may make what was going to happen in 2008 look like a walk in the park. Yeah, well you know it's funny because we don't know what is coming although we can all have assessments of it. I think John believes that there'll be some big sell-off. I've been on the radio saying listen I'm guaranteeing a 50% drop in the markets. I just don't know when it's coming at some point. I think it's a natural flow. When we come back doc, let's talk about your perception or thoughts about what might be the big red flags that this market is in fact rolling over. I know we saw a pretty volatile week this week in the markets. Thursday and Friday was just brutal for those of you who are bullish in the markets, but is this the beginning of a much bigger downside move or are there other red flags out there that we can look for and start to build a bigger position or even start to go bearish in this market? I know some of you are probably still just holding those reins and being very very bullish out there. Well look if this sell-off continues, if this negativity persists and also if the institution selling which is what we're seeing a lot of right now continues, these markets could be much much lower going forward. So we'll look at that week and back with Robert Murphy after a short break. If you have questions for John O'Donnell or myself, Power Blast. It's out of powertradingradio.com or go out to Twitter. It's at Trader Murrow and we'll be right back. Hello everybody, welcome back to Power Trading Radio. This is our weekend edition. Our guest today is Robert Murphy and we were talking a little bit earlier about a class that he's going to be teaching April 24th. I would encourage you guys to check that out and TJ, if you wouldn't mind, bring up our screen over here. We've got the website. You can go to academy.mesis.org for a list of classes. Obviously a lot of other great classes as well. This one is entitled How the Government Wrecks the Economy, Pretty Reasonably Priced There Was Well. It's six lectures starting April 24th and continuing. Oh, that's interesting. We've got a totally different chart there. Huh, that's cool. There should have been this one. I don't know what happened there. But here we have the website for it again. Go to academy.mesis.org. It's called How the Government Wrecks the Economy. Robert Murphy will be presenting that one. So definitely take a note of that and attend that one. Robert, before the break, I was talking about current markets. We talked the beginning of the year on how we all expect just dramatic volatility. We're really seeing that happen here, especially in April. Pretty negative week this week. What are some of the signs? I know you kind of made it sound like there will be a day of reckoning. Are we seeing that now? Is this just a false little pullback here? Or do you see maybe some bigger signs down the road and what should we look for? Well, I mean, this very well could be the beginning of it. All I can say is I mean, I'm not claiming to be an expert in terms of timing, but I do think that to put it this way, there's no reason that the underlying profitability of American firms has increased that much since 2009. If you chart the S&P 500 against the Fed's balance sheet, you can see that this huge surge in stock prices almost moves hand in glove with the Fed's quantitative easing programs.  And I don't know when it's going to break. So I guess one way of putting is I think that the dollar and the stock markets right now are in a bubble. And when does it pop? Well, I don't know. If everyone thought like I did, it would pop immediately, but obviously a lot of people disagree with my view. So one thing that I do think is going to make this illusion half the burst is if and when the commercial banks start expanding their lending again, because as I'm sure you know, there's a huge amount of what's called access reserves right now in the commercial banking system that they have the legal ability to lend that to make new loans in the quantity of several trillions of dollars, and they just haven't done that because there's no good loans to be made at this point. So if the economy ever does seem to be improving and the commercial banks start expanding their lending, well, then you're going to see tremendous pressure on prices so that the Fed's going to have to do something, raise interest rates, what have you. And then I think that the day of reckoning is going to have to come. Yeah, it's that day that I think so many of us are looking forward to. Well, look, there's going to be an in game. I think it's certainly gone on a lot longer. If we had this, we could have had a similar conversation in 2000. We certainly could have had a similar conversation in 2007 peak. I think it's gone on much longer than any Austrians expected that it could. I don't know what Murray Rockbard was thinking back in the day, or what Mises must have thought when we went off the gold standard in August of 1971, but he had to think, geez, we've got to be getting closer to the in game. But here we are, 40 years later, still having the same conversation. So, you know, I guess it's the way the market works. You know, Robert, I put your book up on my Twitter feed. You mentioned the book is called Lessons for the Young Economist. If you go out to at Trader Merlin, you can get the link to Mises.org where the book is there. It's a free book out there for you. I definitely encourage you to read that one. And again, hopefully see if we can get TJ to bring that image up. If this comes up here, it's called How the Government Wrecks the Economy. This is the class that will be taught online, April 24th through May 29th, six lectures. Robert Murphy will be the host of that one. And what's that URL? URL is academy.mises.org. I'll actually post it on my Twitter feed as well. So check out Trader Merlin there and we'll get to that one. So Robert, thank you so much for coming on the program and making it easy for us on our maiden voyage here at our new studio. Well, again, best of luck to you guys. Thanks for having me. Thanks. Hopefully we'll get you out here in California one of these days. Keep up the fight, Robert. Thanks. Yeah, love to come. All right, take care. Thank you for listening to the Mises Academy podcast to enroll in online courses to access other episodes of this podcast or for more information visit academy.mises.org.


You could say that the ego set up all kinds of responsibilities in this world. That's part of its game. And of course the miracles in Jesus are calling the mind to see that the one true responsibility is to accept the atonement or accept the correction for the error called ego. And that's the basic simple straight truth. So if the ego has set up lots of complex responsibilities, the Holy Spirit would have you unwind from what the ego set up. Everything that came along with these responsibilities will be used to unwind the mind from this false sense of responsibility. And when I mean false sense, I'm talking about putting responsibility on forms and on specific forms and bringing it back to I am responsible for my state of mind. I am responsible for being peaceful, really, that's what it comes down to. So the Holy Spirit will unwind the mind from false responsibilities and what do those include? They include every earthly responsibility that has ever been made or spoken about and the peace of mind is what you're left with when you're truly responsible. No skipping steps, no trying to abdicate or unresponsibilities or run away from responsibilities, you will be guided to how to handle all that in a very respectful and takerous way until the belief in those false responsibilities is washed away, is completely dissolved in the light.


Hello everyone, this is Amit Dhan of AmitDhan.com. Today I will have another episode of Chromebook Tips and Tricks video And I'll talk about how to lock a Chromebook. If this is your first time or a repeat visit, thank you for your support on this channel I'm always trying new and different ideas. If you're into thinking outside the box This is the channel to subscribe. If you're looking for more Chromebook Tips and Tricks videos, there will be links in the description box below. So today I'll show you how you can lock your Chromebook in 5 different ways and I have my notes right here And which will go through one by one. The first way you can lock your Chromebook is press and hold the lock key So if you take a look on your Chromebook and if you look on the upper right corner So you'll see a lock button which is going to be right here So if I just bring this little closer and this is your lock button So you can lock your Chromebook if you just press and hold the lock key. So for example I'm just going to press and hold and You can see that you know it locked your Chromebook. The second way You can lock your Chromebook is press and hold the power button. So this has to be a slightly long press So your Chromebook power button is going to be either somewhere here or could be on the side Depending on your Chromebook model. So for this Chromebook the power button is right here So if I just press it and hold it and You can see that you're going to get this pop-up and then here there's an option which is in the middle It's lock and if you press here, it's going to lock your Chromebook. So I'll just you know X this So the next way you can lock your Chromebook by pressing the magnify button and L together So if you take a look on your Chromebook your Magnify button is going to be right here which looks like a magnifier right here And then your L is going to be right here So if you press them together, it's going to lock your Chromebook So for example here and here and you can see that it just locked your Chromebook and another way you can lock your Chromebook is you can Go to the clock section which is going to be lower right corner and if you click here and You're going to see a lock button which is right here So if you click on it and that's going to lock your Chromebook And last way to lock your Chromebook is going to be the close the lead So depending on your settings, if you close the lead it might not lock your Chromebook But for this Chromebook if I close the lead it should lock the Chromebook So let me try and you can see that it locked the Chromebook Now if your Chromebook doesn't lock if you just close the lead that means that you have to change some settings and I do have a separate video on that which I'll post in the description box below So that's how you can use these five OS to lock your Chromebook. Thank you for watching this video There will be more videos coming in. So I'll see you shortly. Thank you


Live on the ground from Galvanize, San Francisco. It's theCUBE covering Amplify Women's Pitch Night. Now, here's Jeff Frick. Hey, welcome back everybody. Jeff Frick here with theCUBE. We're at the Girls in Tech Amplify. It's female founders Pitch Night and they have 10 entrepreneurs pitching their ideas to some local folks here that they're going to win some money and then also there's VCs in the room as well so hopefully they'll get more money. So it's at Galvanize downtown San Francisco. We're happy to be here and joined by a many time CUBE alumni, face you recognize for sure. Sandy Carter used to be with IBM, which is why we first got to know each other and we're recently now as the chairman of the board of Girls in Tech. That's right. And also the CEO and founder of your new venture, Silicon Blitz. So great to see you. I think last I saw you was in Phoenix, like February, seems like forever ago. Yeah, that's right. Absolutely. So how do you like San Francisco? So you moved to San Francisco, you jumped into the startup scene. Yeah, I've been working with startups now for the last five years, but a year and a half actually here in Silicon Valley. I love Silicon Valley because it's kind of like the Mecca startups from all overcome. Yesterday I hosted a group of startups from Israel. Last week a group of startups from Africa. So everybody wants to come here. There's so much energy and excitement and so much to learn. Right, right. And then there's the whole kind of girls in tech angle. So now you're the chairman of the board. So for the folks that aren't familiar with your organization, give them a little background. What's the mission and kind of how big is it? What are some of the activities that you guys do? Yeah, so girls in tech was founded by Adriana and she's done a great job because she's really honed in on things that are required for women and girls in technology and beyond. So we host things like hackathons. We did one here with ESPN and the National Football League around the Super Bowl. We do things like entrepreneur events like we're having downstairs. So we had 160 different women who pitched their ideas culminating in the top 10 who are presenting downstairs right now. We do events to educate, to facilitate connections and just to make sure that we're getting the awareness of what's happening with female founders and their impact. So you may have just seen the McKinsey report that said that just in the United States alone if we really put a concerted effort around female founders, we could increase the GDP by $30 billion. So this is such an important mission, not just a nice mission, but a mission that can have a real impact on the country that we're doing. And tell us about Silicon Blitz, your newest adventure. Yeah, so Silicon Blitz is really focused in on innovation. So it's helping with corporate innovation, looking at cognitive diversity. So how do you get diversity of thought, whether it's on a board for a startup or whether it's inside of a corporation, building ecosystems and how you do that because nobody is successful today all by themselves. And then the impact of technology. So I just was keynoting at the IOT Emerge Conference out in Chicago on IOT's impact on marketing and beyond. So it's really awesome. We were just at the GE mines and machines with Beth Comstock, you know, it's clearly one of the great female leaders in technology as well. And they're doing a lot of interesting, 130 year old startup. Yeah, that's right. They're investing themselves all around disruption and cognitive and IOT. Very exciting. So tonight's event, any fun surprises, any favorite stories so far? Or is it like picking your favorite child?  We had the lead investor in Salesforce was a woman and she went through the five lessons learned on Salesforce. And I thought one of the most interesting ones was startups today tend to focus a lot on funding. You know, people go around and say, I raised 10 million, I raised 20 million. But the real secret of success is how many customers do you have? Because your success will be measured on your customer base, not your funding base. So I thought that was really awesome. A couple of the presentations I've liked so far because we've got several more to go. One woman invented an IOT sensor. And with that IOT sensor, you could put inside your purse and then on your phone, you can tell if somebody's taking your purse. And she has application for musicians who have, you know, their guitars potentially being stolen in retirement communities or assisted living where elderly need to remember certain things or forget where certain things are. So I thought that was pretty interesting. And then one other company, it was called Give in Kind. So she lost her baby and she said, people were reaching out to her trying to figure out what should I do? So she decided to start a business from that. And now she offers suggestions like if you lost your house, you lost a child. You know, you had some tragedy making suggestions about what would be appropriate. Giving a meal or, you know, she was just telling us that someone broke a hip and they were able to give free dog walking service for a week, those kind of things. It was really an awesome idea and also so helpful for so many people. And what are some of the lessons that you share from your experience at IBM and a big company when you're trying to help people in little companies that they should think about, either approaching large companies as customers or investors or just kind of lessons learned when you have resources that you don't necessarily have as a small company. So there's a couple things. One, you know, one of my big reasons for advocacy is for big companies to partner with small companies. So figure out as a small company how you can do that partnership. So many companies today have innovation outpost. So I was just down, the Swiss actually just set up an entire space and Nestle is there and you as a startup can go there and access the resources of a country, Switzerland and a major great company, Nestle. And Nestle was doing some really cool things. They're doing crowdsourcing of the next generation of food and they're seeking input from startups. So that's one great way to do it. The other is a lot of big companies today are hosting hackathons, pitch competitions. And when they do that, they're looking for companies that can help them grow. So if you always thought, wow, what I'm doing, you know, a big company really should be doing, get involved in that. For instance, Sephora, I was just talking to Sephora down on Market Street, they have an innovation hub and they're accelerating companies, especially female founders who are creating products for their beauty store. So there's a lot of great ways that you can connect. And then I also revealed downstairs some of the research that we've just done on the female founder study. Would you be interested in some of that as well? Sure. So we partnered with Carnegie Mellon. You know, they have the Institute of Innovation down in the Valley. And system. And a lot of Fritz and Pittsburgh, by the way. That's right, and yeah, great and smart people. And they put a team of students with us to study female founders and to see how we can improve what's happening. You may or may not know that female founders are 15% more profitable than their male counterparts, but they're 40% less likely to get funding. So think about that. 15% more profitable, 40% less likely to get funded. And so we kicked off the world's largest study for female founders to try to sort through what's really going on and how can we help female founders bridge that gap. So some of the things we talked about downstairs from the survey so far, and it times out in December, female founders start about a decade later, which says the runway is not as long and you don't get as many lessons learned. They tend to be less technical or at least claim they're less technical, less familiar with sales, right? Some of them think sales is a dirty word. And they really tend to hone in and focus on a domain problem, which is great, but really maybe doesn't understand the marketing pieces or the business pieces as well. So from that data, we're hoping to take that and create some digital services, create awareness. So for instance, I just published an article on the top 25 female founders in Internet of Things. Like this company I just told you about, Stella, and how can we help promote them and create energy around these great companies? My next article out will be the top 25 female founders in AI, and then I've been working with Harvard Business School, top 25 female founders that came from Harvard Business School and the list goes on. Just to get some visibility around these great female founders who are doing some incredible things. Well, I don't know what took you so long to get out here, Sandy. This is your natural habitat, so I can't believe a year and a half has passed already. But again, welcome to the Bay Area. This is where you should be. I agree. It sounds like you hit the ground running like we expect you to do. So awesome, so thanks for stopping by and good luck for the rest of the night. I'm sure there's some more great stories to be told out there. Okay, great. Thank you so much for having me. I appreciate it. Sandy Carter, I'm Jeff Frick. You're watching theCUBE with the Girls in Tech Female Founder Pitch Night. Thanks for watching.