Money, Riches & Wealth - The Podcast

In this episode of the Money, Riches and Wealth podcast, Drew and Mike are back together to talk about how the election might affect your financial strategy, the effect of moving to a different state, how a state's income tax impacts you and inheriting an IRA, just to mention a few topics. If you need to talk specifically about your financial goals, you can call during the show or call The Financial Consulate office directly at 877-823-7283 to speak with a member of the team.

Drew and Tom are joined by Andy Rothman.

Andy Rothman is an Investment Strategist at Matthews Asia. He is principally responsible for developing research focused on China’s ongoing economic and political developments while also complementing the broader investment team with in-depth analysis on Asia. In addition, Andy plays a key role in communicating to clients and the media the firm’s perspectives and latest insights into China and the greater Asia region. Prior to joining Matthews Asia in 2014, Andy spent 14 years as CLSA’s China macroeconomic strategist where he conducted analysis into China and delivered his insights to their clients. Previously, Andy spent 17 years in the U.S. Foreign Service, with a diplomatic career focused on China, including as head of the macroeconomics and domestic policy office of the U.S. embassy in Beijing. In total, Andy has lived and worked in China for more than 20 years. He earned an M.A. in public administration from the Lyndon B. Johnson School of Public Affairs and a B.A. from Colgate University. He is a proficient Mandarin speaker.

Drew and Chris are joined by Jim Bessen.

James Bessen (born 1950) is an economist who has been a Lecturer at Boston University School of Law since 2004, and was previously a software developer and CEO of a software company. Bessen was also a Fellow at the Berkman Center for Internet and Society.

Bessen researches the economics of innovation, including patents and economic history. He has written about software patents with Eric Maskin, arguing that they might inhibit innovation rather than stimulate progress. With Michael J. Meurer, he wrote Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk as well as papers on patent trolls. His book Learning by Doing: The Real Connection Between Innovation, Wages, and Wealth argues that major new technologies require new skills and knowledge that are slow and difficult to develop, affecting jobs and wages.

Bessen developed the first WYSIWYG desktop publishing program at a community newspaper in Philadelphia in 1983. He established and ran a company, Bestinfo, to sell that program commercially. In 1993, Bestinfo was sold to Intergraph.

Drew and Chris are joined by Richard Vague.

Richard Vague is currently one of the managing partners of Gabriel Investments and the Chairman of The Governor’s Woods Foundation, a non-profit philanthropic organization. He is also the author of The Next Economic Disaster, a book with a new approach for predicting and preventing financial crises. Previously, he was co-founder, Chairman and CEO of Energy Plus, an electricity and natural gas supply company operating in states throughout the U.S. that was sold to NRG Energy in 2011. Vague was also co-founder and CEO of two credit card companies – First USA, which grew to be the largest Visa issuer in the industry and which was sold to Bank One in 1997, and Juniper Financial, the fastest growing credit card issuer of the past decade, which was sold to Barclays PLC in 2004.

Brendan Moynihan is a managing director for Marketfield Asset Management and senior advisor to the Editor in Chief of Bloomberg News, where he manages the popular column Chart of the Day and writes about the economy and Wall Street. He is the author of Next Time Will be Different and Trading on Expectations (Wiley, 1997) and co-author of What I Learned Losing A Million Dollars (Infrared Press, 1994). He lives in Brentwood, Tennessee, with his wife and two sons, and is currently writing a book on English grammar.

Eugene Steuerle is Richard B. Fisher chair and Institute Fellow at the Urban Institute, and a columnist under the title The Government We Deserve. Among past positions, he has served as Deputy Assistant Secretary of the Treasury for Tax Analysis (1987-1989), President of the National Tax Association (2001-2002), chair of the 1999 Technical Panel advising Social Security on its methods and assumptions, Economic Coordinator and original organizer of the 1984 Treasury study that led to the Tax Reform Act of 1986, President of the National Economists Club Educational Foundation, Resident Fellow at the American Enterprise Institute, Federal Executive Fellow at the Brookings Institution, and a columnist for the Financial Times. - See more at: http://blog.governmentwedeserve.org/about-gene-steuerle/#sthash.UzYK5PAw.dpufhttp://blog.governmentwedeserve.org/about-gene-steuerle/#sthash.UzYK5PAw.dpuf

STEPHEN MOORE is chief economist at The Heritage Foundation. He focuses on budget, tax, and monetary policy.

Stephen Moore, who formerly wrote on the economy and public policy for The Wall Street Journal, is chief economist at The Heritage Foundation.  Moore, who also was a member of The Journal’s editorial board, returned to Heritage in January 2014 -- about 25 years after his tenure as the leading conservative think tank’s Grover M. Hermann Fellow in Budgetary Affairs from 1984 to 1987.

As chief economist at Heritage, Moore focuses on advancing public policies that increase the rate of economic growth to help the United States retain its position as the global economic superpower. He also works on budget, fiscal and monetary policy and showcases states that get fiscal houses in order.

This weeks guest John Mauldin author of Code Red: How to Protect Your Savings From the Coming Crisis.

John is a noted financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher of one of the first publications to provide investors with free, unbiased information and guidance – Thoughts from the Frontline—one of the most widely read investment newsletters in the world.

This week, Drew and Tom are joined on air by Josef Joffe, author of The Myth of America's Decline.

Josef Joffe is publisher-editor of the German weekly Die Zeit. Previously he was columnist/editorial page editor of Süddeutsche Zeitung (1985-2000).

Abroad, his essays and reviews have appeared in: New York Review of Books, New York Times Book Review, Times Literary Supplement, Commentary, New York Times Magazine, New Republic, Weekly Standard, Prospect (London), Commentaire (Paris). Regular contributor to the op-ed pages of Wall Street Journal, New York Times and Washington Post; Time and Newsweek.

His second career has been in academia. In 2007, he was appointed Senior Fellow of Stanford's Freeman Spogli Institute for International Studies (a professorial position), with which he has been affiliated since 1999. A visiting professor of political science at Stanford since 2004, he is also a fellow of the University's Hoover Institution. He has also taught at Harvard, Johns Hopkins and the University of Munich. Visiting lecturer at Princeton and Dartmouth. In 2005, he co-founded the foreign policy journal "The American Interest" in Washington (with Zbigniew Brzezinski and Francis Fukuyama).

His most recent book is Überpower: America's Imperial Temptation (2006, translated into German and French). His articles have appeared in Foreign Affairs, The National Interest, International Security, The American Interest and Foreign Policy as well as in professional journals in Germany, Britain and France. He is the author of The Limited Partnership: Europe, the United States and the Burdens of Alliance, The Future of International Politics: The Great Powers; co-author of Eroding Empire: Western Relations With Eastern Europe.

This week, Drew was joined on air by Kevin Freeman, author of the new book Game Plan.

Kevin Freeman is considered one of the world’s leading experts on the issues of Economic Warfare and Financial Terrorism. He has consulted for and briefed members of both the U.S. House and Senate, present and past CIA, DIA, FBI, SEC, Homeland Security, the Justice Department, as well as local and state law enforcement. His research has been presented in critical DoD studies on Economic Warfare, Iran, and Weapons of Mass Destruction presented to the Secretary of Defense and the Under Secretary of Defense, Intelligence. He has traveled extensively with research trips to Russia and China and throughout Europe and the Americas. He is also a Senior Fellow at the Center for Security Policy and a Contributing Editor to The Counter Terrorist magazine.