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Holistic Survival #17 – Real Wealth Comes From the Ground!

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Knowing there are economic uncertainties ahead, we all know it will take creativity, innovation and focus to weather the storm. Adapting to these challenges requires correct knowledge and prudent action. The tips and advice in this episode of The Holistic Survival Show come from a successful investor, entrepreneur, congressional candidate and author of Here’s What You Do!, Robert Beadles, will provide a framework for success during these uncertain times. Visit http://www.holisticsurvival.com/podcast-with-holistic-survival.php. Based on Beadles’ background in business survival and investing, he is running for Congress because, like so many Americans, he can no longer stand by on the sidelines while politicians rob our children of the future they deserve. Learn what you can be doing right now to avoid becoming an economic victim!

Narrator: Welcome to the Holistic Survival Show with Jason Hartman. The economic storm brewing around the world is set to spill into all aspects of our lives. Are you prepared? Where are you going to turn for the critical life skills necessary to survive and prosper? The Holistic Survival Show is your family’s insurance for a better life. Jason will teach you to think independently, how to understand threats, and how to create the ultimate action plan. Sudden change or worst case scenario, you’ll be ready. Welcome to Holistic Survival, your key resource for protecting the people, places, and profits you care about in uncertain times. Ladies and gentlemen, your host, Jason Hartman.

Jason Hartman: Good day, and welcome to the Holistic Survival Show #17. Today, I’d like to talk about one of the three pillars of Holistic Survival, and that is the three R what? Protecting the people, places, and profits. Today we’re going to talk a bit about profits in an interview with Robert Beadles. And his book is entitled Here’s What You Do! Your Economic Survival Guide. And I really like one of his quotes in here and I tell you, I’m going to use it often, and it is this: All wealth comes from the ground. All wealth comes from the ground. Think about that folks. Think about what comes out of the ground and you know I’m not a fan of the precious metals, but they are money and they’re a lot better than fake dollars, okay, they come from the ground. Okay, silver and gold, etcetera, right? What comes from the ground? Land, real estate, agriculture, oil, commodities, all worth comes from the ground. Contrast that to the stupid paper assets in which people invest, the fake things, the stocks, the bonds, the constructed or artificial paper assets. Alright, I’m not saying you can’t make money in these things, but I’m saying they’re far more risky and usually only the insiders are the ones making the money. So let’s talk to Robert Beadles and let’s talk about how all wealth comes from the ground and Here’s What You Do! is the title of his book. Here’s the interview.

Jason Hartman: It’s my pleasure to welcome Robert Beadles to the show. He is the author of a new book called Here’s What You Do! And we’re going to talk about the survival guide for our economic times. Robert, welcome.

Robert Beadles: Thank you so much, Jason, for having me.

Jason Hartman: Glad you could come in person. It’s great to have you down here. I guess you’re vacationing with your family? Visiting Disneyland and so forth?

Robert Beadles: Absolutely. We’re doing the Disneyland trip. It’s nice to get down here and do this interview with you, so I get a little bit of a break from Disneyland.

Jason Hartman: That can be overwhelming, huh?

Robert Beadles: Yeah, dodging all the strollers and I forgot how crazy those theme parks are, people climbing over you to get two people in front of you to get on the ride. It’s nice to get a break.

Jason Hartman: Absolutely. Well, just quickly if you would, Robert, tell us about your background. And also, you are running for congress as well. So that’s interesting.

Robert Beadles: yeah. Well, my name is Robert Beadles. I’ve lived in Lodi since I was 13 years old. I met my beautiful wife, Nicole, at the age of 15. At the age of 17 we were married with our first child, Aaron. We now have Kyle who’s 5 years younger than Aaron. And we’ve got 4 dogs too. We’ve got a 2 year old German Shepherd named Fedor and we’ve got a Brazillian Fila that’s 200 pounds, his name’s Hooch. And we’ve got a 15 year old Doberman named Cujo and a little 3 pound Chihuahua. As you can imagine, we got married at 17 and so it was pretty difficult for us. And I had to do things I wasn’t proud of. I had to get on government assistance and that meant food stamps and welfare and Medi-Cal.

Jason Hartman: I think that’s influenced some of your thinking today, though, hasn’t it?

Robert Beadles: Quite a bit, quite a bit. Yeah, I just inspired to be more, do more, so I worked several jobs during the day and took night classes and before long I ended up landing a pretty good job at a construction company. And after a couple of years, I basically start running the place, and I was always telling the boss, you know, if we did it this way, we’d be more productive and more profitable and more efficient. And he basically told me, he said look, if you can do a better job, then go start your own company.

Jason Hartman: You did.

Robert Beadles: I did. So in 2004, I started my first company and I’ve created several since then that have all created hundreds of jobs for Californians. I own investment properties in Alberta Country. And I wrote this book called Here’s What You Do! to help people become successful as well.

Jason Hartman: Fantastic. So what are your thoughts? Is this really a book about the economy or it’s about the action in how to respond to the economy? I mean first of all, let’s get your thoughts on sort of the macroeconomic environment if we can. Where do you think we are now? I know we’ve chatted about this just for a minute before we started recording. And where do you think we’re going?

Robert Beadles: Um, I think we’re about 1928 right now.

Jason Hartman: Okay. Yeah, you’re comparing it to the Great Depression obviously.

Robert Beadles: Yeah, with potential for it even being worse than the Great Depression.

Jason Hartman: Right, right. You start off in the book with the conspiracy theory concept. Tell us about that.

Robert Beadles: Well, when you talk about finances and what not, there’s different people to talk about different things. And people talk about who really controls the currency, who really controls the government. So I just put a little section in there that just talks about kind of their theories, and not necessarily that I agree with any of them, but it just kind of talks a little bit about what some people say are really at work here.

Jason Hartman: Well, I gotta tell you. If you asked me a few years back, I would have said you’re crazy to believe in any kind of conspiracy theory, but the way so many things have fallen into place in the recent couple of years, it sure is looking more like that might be a true possibility. What do you think people should do in response to what’s going on out there. I mean there are some pretty ominous forces that are occurring.

Robert Beadles: Well, I believe true wealth comes from the ground. So I think people should be investing in gold and silver. You know, anything that comes from the ground, you’ve got real estate, gold and silver, oil, anything like that. But those are the things that I invest in, stuff that comes from the ground. Those are always for the most part pretty safe.

Jason Hartman: Yeah, that’s a good way to put it. So what you’re saying to a void is all of these sort of bogus financial instruments, paper assets which are usually worth the paper they’re actually printed on ultimately. And I tell you, I mentioned this on a prior show, but one of our listeners recently, and you’ll get a kick out of this Robert, sent me some Zimbabwe dollars. Okay, and right here in my hand, I’ll show you I have 180 trillion Zimbabwe dollars, and this is probably worth about $12, about $4 each bill. But this is really kind of the forces we’re playing with out there, isn’t it?

Robert Beadles: Absolutely. It’s kind of like the German Marks back in the 30s. That’s what we have to be careful of. You’ve got to be careful how you leverage yourself, how you invest, and what you hold onto.

Jason Hartman: Well, oddly enough, and I don’t know if you know this or not about me and my philosophy, I think that long term fixed rate debt can actually and may well turn out to be one of the best assets people can possibly have because as inflation hits, and I think we both believe it’s coming in a big, big way, that debt will become almost worthless. Unfortunately, that’s the good side, but unfortunately, so will people’s savings accounts, their stocks, their bonds, and their equity in real estate oddly enough, and I only say that because it’s denominated in dollars. And if dollars are worth less, then equity is worth less unless a lot of it is gained through inflation. So we definitely live in interesting times. When did you decide to run for Congress?

Robert Beadles: Um, about 4 or 5 months ago. I mean I’m a father and a businessman, and I’ve probably had at least 1000 or more people tell me I should do something along those lines, and when I looked at the people that were running in my district and I looked at the people that were there in my district, it was very apparent to me I needed to do something, because we’re obviously going in the wrong direction and putting more politicians and more people that think the way that they do in office isn’t going to help us.

Jason Hartman: You know, Robert, it seems like the problem with government is that government, like any human organization, its whole goal is to just grow and become more powerful. That’s always the way it is. And I remember back when I used to do a lot of charity work and so forth in my 20s, and I’d sit on these committees and boards of directors and it’s like the whole discussion was always about how can we get bigger, not how can we really solve the problem necessarily, and I’m not saying this to paint every charity with a broad brush. Obviously there are many good causes and many good people out there. I’m just saying that the drift of people getting together and meeting, the talk always seems to drift toward how do we get bigger? How do we become more powerful? How do we have more influence and more control? And unfortunately, that’s what happens with government too, doesn’t it?

Robert Beadles: Absolutely. And you know the bigger they get, the more liberties they take.

Jason Hartman: Yeah. And that means the more liberties we lose.

Robert Beadles: Exactly. And also, the more problems they create. Just show me one thing that the government’s done that they run profitably or confidently. And the idea of them running our health care is terrifying to think that you’re going to have them not only just taking our rights but then also telling us what our rights are as far as medical treatment. That’s just one of the things that terrifies me about…

Jason Hartman: I always say to people that if they believe the government will do a good job with health care, all they need to do is visit the DMV, a VA hospital. Any government agency…I don’t think anyone would think that any government agency is particularly well run. And the problem is because when it’s everybody’s money, when it’s the collective, when it’s everybody’s money…it’s nobody’s money. And nobody really cares. You know, I remember being in Prague, in the Czech Republic, and I’m going to say that was 1993. And I met a gal there and I was talking to her, we were having dinner. And I’m so fascinated by communism and socialism and I love visiting those countries. It’s just very interesting to me because it’s such a different thing than what we have in the United States and the rest of the free world. And I remember asking her, walking down the street, I mean we had walked around and then we went to dinner, and I remember asking her what was it like when this was communist just a couple of years ago? And I said that store right there, you’d walk into that store. What was it like? And she said well the government employee worked at the store. And she just said so innocently and so simplistically, but it’s so true, that at the time when it’s kind of the in between time when they had kind of both systems as the change was occurring and privatization was occurring. There were some government run stores and some privately run stores. And I said well what was the difference then? And she said when you walked into the privately run store I just think the person cared more because it was theirs. It’s a very simple statement. But look at the wisdom in that simple, simple statement. I mean nobody cares like the shop keeper does, do they?

Robert Beadles: Absolutely.

Jason Hartman: Yeah. And you know what’s happening now is really ugly out there because you see that the, what I call the corporatocracy, you see all of these disgusting, evil banks and big businesses and Wall Street firms, they’re just in bed with the government, aren’t they?

Robert Beadles: Yeah.

Jason Hartman: It’s like a typical what I’d call republican, sort of old school republican would say. Well, you know, there’s nothing wrong with big business. Big business is the backbone, you know? I think small business is the backbone. Big business is just part of government now. It’s like almost a corporatism/fascism type scenario we have, huh?

Robert Beadles: That’s the way it’s said. And yeah, definitely. And when you look at the average person, 80% of them work for small businesses, so that’s where the money should be going, not to these big businesses. I’m not saying there’s anything wrong, per say, with big business. They create jobs too.

Jason Hartman: Right.

Robert Beadles: But small business is where the future is. And those are the people that really need the help.

Jason Hartman: Right. I agree with you. And that’s where most of the innovation comes from.

Robert Beadles: Absolutely.

Jason Hartman: Because in a big business, when you get big, when you get rich, the thinking switches in all of us to preserve, don’t take risk, preserve what we have. And it’s those new firms starting out of a garage or a spare bedroom in the house, that’s where the innovation occurs with those entrepreneurs. And if you look at all of the great companies we have now, if you look at Amazon.com and Google and the list goes on and on, they didn’t come out of some big company. They didn’t come from GM. They came from someone’s idea and a couple of guys getting together and saying “Hey, we’ve got to change the world with this.”

Robert Beadles: Sure. And what’s our government doing right now? They’re making it even harder and harder for people like that even start, let alone succeed. And that’s what we really need to do. That’s why I’m trying to run for congress. Because if you can change it from the inside, if you can get them to cut some of that red tape and the bureaucracy in the taxes for small business, if you can allow them to succeed, then we truly have a chance at getting our economy back on the right track. But doing what they’re doing right now, just giving money through stimulus and bailouts to all their buddies in all these banks, that’s not doing anything for us. It’s really not.

Jason Hartman: Yeah, it’s not trickling down. And what the banks seem to be doing with that money basically is just buying up other banks and consolidating. And that even scares me a little bit more because when you see this kind of consolidation happening, that makes it easier for the government to pull the strings and control the entity because you have to go fewer places and have fewer…It’s much easier to control a small group than a big group, right?

Robert Beadles: Yep. That now is the whole idea behind the Federal Reserve, was to end banking competition. And so that’s what they’re doing now. The last report I’ve heard, they’re trying to get it down to 9 banks. Can you imagine that?

Jason Hartman: Just a couple of years ago, we had about 8 or 9 thousand banks I think. I think now we’re down to about 6000. Don’t quote me on the numbers, but it’s something in there. And the idea, some people say we’re going to be at 2500 to 3000 banks at the end of this, but they want to get it down to 9.

Robert Beadles: They want to get it down to 9. Can you imagine that? Can you imagine the power the government would have?

Jason Hartman: That’s unbelievable, yeah. Because they’ve given these banks money, they can pass laws and only the big guys can deal in a highly regulated environment like that because they have compliance departments and teams of lawyers and accountants and all of this stuff and consultants to make sure…That’s what’s odd that most people don’t realize, Robert, is that these big companies, a lot of them are actually lobbying for more regulation because they know it keeps their competitors out.

Robert Beadles: Exactly.

Jason Hartman: You know, isn’t that odd? That’s so counterintuitive, huh?

Robert Beadles: Yeah. That’s what they’re doing, absolutely. You know, the bigger they get, now the phrase is too big to fail. So the more bureaucracy, the more red tape they put out there, it keeps more and more people from jumping in the race.

Jason Hartman: Right. And it keeps the little guys out of the game, right?

Robert Beadles: Keeps the competition down.

Jason Hartman: On one sense, people would think supporting these big companies is the capitalist ideal and the great thing. But really what it is is there is no vestige of real capitalism involved here. This is a rigged game. It’s fixed. And once they have the market cornered and they have a near monopoly, they’ll never get total monopolies unless you’re Goldman Sachs and the Federal Reserve, but near monopolies, then they can just do anything they want. They can raise prices, they can make inferior products.

Robert Beadles: That’s exactly what they’re doing. That’s the road we’re traveling on right now.

Jason Hartman: How are we going to change it? I mean really how are we going to change it? Other than complaining about it, what are we going to do?

Robert Beadles: Right. Well complaining will only get you so far. People need to…They need to get financially educated first, so they know exactly what it is they’re complaining about. And then they need to kind of all stand up together and say hey look, we’re onto you, we know what you’re doing, you know, we’re not going to stand for it anymore. And that’s what it’s going to take. It’s going to take the general consensus of us all to stand up and say hey, we’re wise to you. We know what you’re doing. We know what you’re all about. And we’re not going to be paying the bill. We’re not going to allow you to print all this money and doom our grandkid’s grandkid’s grandkid’s grandkids with the bill. You know, we’re not going to pay for all your mistakes and all the money laundering that you’re doing. We’re going to stand up and say enough’s enough. And that’s what needs to happen. We all just need to just stand up and say we’ve had it. We’re not going to take it anymore.

Jason Hartman: Yeah. Well, the first part of that is definitely awareness. And the other part it I think, Robert, is just kind of everybody listening and everybody listening knows…Okay, your social networks on Facebook, Twitter, etcetera, LinkedIn, spread the word, its awareness, and then get people, do it yourself first of all, and then get everybody else you know to start voting with their wallet. Okay, and the way they can do that is not buying these fake paper products. I love your philosophy, wealth comes from the ground. And if you look at that, the gold and silver part of it, you know I had my issues with gold and silver, but they’re money and they’re thin. That’s fine. I don’t think they’re really an investment, but I do think…

Robert Beadles: They’re more of a hedge.

Jason Hartman: I think they’re a hedge, they’re money, yeah certainly. And I agree with you there. Go ahead.

Robert Beadles: Oh, I’m just saying that they’re more of a hedge, but if you look throughout history, they always maintain some value whereas you and I both I’m pretty sure believe that the dollar’s gona go into hyperinflation and become toilet paper.

Jason Hartman: Yeah.

Robert Beadles: So if you’re holding toilet paper…there you go. So if you’re holding it in gold and silver, I wouldn’t be too surprised to see silver at 5 or 6 hundred dollars an ounce.

Jason Hartman: Silver?

Robert Beadles: Yeah, I wouldn’t be surprised.

Jason Hartman: Woah.

Robert Beadles: I wouldn’t be surprised to see gold at 5 or 6 thousand dollars an ounce.

Jason Hartman: How much time? Any predictions on timeframes there?

Robert Beadles: Um, I would say before 2012 if I had to guess, before 2012.

Jason Hartman: Wow. Okay, so that means that now as that silver and gold theoretically appreciates, is it only appreciating because the dollar is losing so much value?

Robert Beadles: Absolutely. Yeah, because when you print 24 trillion…

Jason Hartman: So really, it’s just a consistent majoring stick.

Robert Beadles: Yeah.

Jason Hartman: It’s not an investment that has actually appreciated, it’s just that it didn’t depreciate with the value of currencies.

Robert Beadles: Right, if the dollar goes down, that raises in price. It’s not the gold or silvers becoming more valuable, it’s just the dollars becoming less valuable.

Jason Hartman: Right. And you know the famous old saying about gold I’m sure, which is kind of cute and funny, but it’s so interestingly true Robert, and that is that 2000 years ago you could buy a toga and a pair of sandals with one ounce of gold. And today you can buy a nice suit and a pair of shoes with one ounce of gold.

Robert Beadles: Absolutely.

Jason Hartman: So it’s pretty much maintained and consistent value throughout time. And people do that with silver because if you look back, and I don’t know the exact numbers on the silver side, but if you look back three decades ago, an ounce of silver, a silver coin, would buy you about 2 gallons of gas I think. And now it’ll do just about the same…Well, no, it’ll do a little more than that, but it depends when you exactly look. It’s just interesting how that really is the consistent majoring stick. That’s really good.

Now you have got a couple of other interesting chapters in your book I want to ask you about.

Robert Beadles: Sure.

Jason Hartman: You talk about grants and loans, what are you talking about there? I mean those don’t come from the ground.

Robert Beadles: No, those don’t. But those right there, there’s companies out there that help you get grant money. You can do it on your own, but I found that using these companies to fund whatever it is you’re trying to do like say a construction company or maybe a nursery…

Jason Hartman: Now you own more than one construction company, right?

Robert Beadles: Yeah.

Jason Hartman: How many?

Robert Beadles: I think I own three construction companies.

Jason Hartman: Okay, alright. So you’ve got quite a business there going for yourself. What kind of construction do you do?

Robert Beadles: We work on roads and bridges. Then I’ve got another construction company that does real estate developing. It’s more along the lines of real estate rehabilitating. But we’ll go in and buy up beat up properties and fix them up and put families in them.

Jason Hartman: Okay, good, good. So go ahead about the grants and loans.

Robert Beadles: So anyways, there’s companies out there that can help you get this money. The government, believe it or not, still has some money. They keep printing it. And you might be able to get your hands on some…

Jason Hartman: They have a lot more money because they printed more.

Robert Beadles: Exactly, exactly, almost 24 trillion dollar just recently.

Jason Hartman: Unbelievable.

Robert Beadles: Yeah. But anyways, you can use these people to help you get that money to fund your next endeavor, whether it be to become a babysitter or a construction company or start your own company. There’s money out there to do it. You just have to fit their needs. The government has these programs that if you’re a good fit for it, you can get the money for it.

Jason Hartman: It’s interesting you mention this, because I see this very corny guy on TV, I’m sure you’ve seen the commercials and probably everybody listening has.

Robert Beadles: The guy with the question marks.

Jason Hartman: Yeah, the funny blazer, and it’s Matthew Lesko, you know? And he’s talking about you can get grants for anything, open a coffee shop, travel the world, blah, blah, blah. I looked him up on the internet because I was tempted to buy his book, and I looked him up and there were all kinds of bad reviews about him, and then I looked on Amazon and saw the book there, and people were saying they bought the book, and the information was really lightweight and a lot of the numbers were disconnected and information wasn’t accurate. But what are some of the real companies that can help people do this? I mean I’m sure there are scammers out there who take a big upfront fee and then never do anything and say they’ll shop you around for a grant or a loan.

Robert Beadles: In my book, I talk about the National Grants Association. And that’s the only company I talk about, only because I actually had them do the work for me, and it actually got me two loans. So that was good for me and that’s why I put them in the book.

Jason Hartman: Now there’s National Grant Writers Association.

Robert Beadles: No.

Jason Hartman: Or it’s an actual…Because I’m looking this up as you’re talking to me.

Robert Beadles: It’s in New York, National Grants Association. They’re the ones I used. They’re real professional. They helped me out. They find the programs for you. I think it ends up costing about 1% to 2% of whatever money you get.

Jason Hartman: Was this how you started your construction companies?

Robert Beadles: No, no. Actually, I didn’t learn about this until about a year or two ago.

Jason Hartman: Oh, okay, don’t you wish you knew sooner, huh?

Robert Beadles: Exactly, like these 72 pages of this book. You know, that’s the stuff that I learned the hard way.

Jason Hartman: Right, yeah.

Robert Beadles: The advice nobody gave me, I had to go out and find.

Jason Hartman: Well, the best training sometimes comes from that school of hard knocks. You’re a graduate.

Robert Beadles: Yep.

Jason Hartman: So am I.

Robert Beadles: Big time.

Jason Hartman: Okay, well what else on the grants and loans? Anything else there?

Robert Beadles: Well, I really relied on them to help me. As far as for loans, they find all the banking institutions in your area or in other areas that would fit your needs. They identify programs the government has out there that might be a good fit for you as well. That’s what they did for me. When I’m happy with somebody, I pass on the news and that’s what I try to do in there.

Jason Hartman: Okay, good, good. Can you tell us a little bit about this graph in your book? This is just kind of an interesting illustration as to how the fed works and the capture is called “Why You Should Dread the Fed”. I think my listeners know a lot about this. We talk about it all the time. But you know everyone has a different kind of perspective on it. I’d like to hear yours.

Robert Beadles: Well, that graph basically just talks about how every dollar is borrowed into existence. The government doesn’t make anything. All it does it take from one person and give to the next. And so that that there talks about is it just shows that the Federal Reserve basically creates money out of thin air and sells it to the treasury in forms of bonds or what not, and then the fed gives them the money. And all that money came from nowhere. It’s not like they produced a shoe, you know, and sold it. They basically printed a piece of paper. They call it a bond. The Federal Reserve basically just typed in some 0s on a computer and just passed that money from themselves to the treasurer. And then the treasury then sends all that money out to all the other banks. They’d all then lend that money out to us, and along the line there’s what’s called fractional reserve banking. And they can, say for instance they print $10 worth of money. They can then loan out $100 worth of money. And all this money keeps compiling from person to person, from bank to bank, from institution to institution. And it all came from nowhere. It was all just printed. It was all borrowed into existence. So you can see that it’s a flawed system and sooner or later it’s going to have to crash. And I’m afraid that later is within the next couple of years.

Jason Hartman: Yeah. I think the jig is finally up and I think the best protection people can do is invest in commodities, true resources that have universal need, housing, food, shelter, money, which would be the gold and silver argument. And then if they can buy those things with long term fixed rate debt, that’s what I call the ultimate investing equation. You buy commodities, construction materials that you work with all the time. The great thing about those is that they’re not indexed to just the dollar. These are commodities that are traded globally, petroleum products, copper, steel, lumber, all the ingredients of a simple house or apartment building.

Robert Beadles: All comes from the ground, doesn’t it?

Jason Hartman: Actually, that’s a good point. Lumber obviously all comes from the ground. Yeah, very good point. So it comes from the ground, and it’s not tied to the dollar. It’s traded. Those are all global commodities used all over the planet. Okay, and as the population increased, the value and demand of those will increase. But as inflation comes, the value will increase too, and then the value of the debt on the other side of that, because you finance it with long term fixed debt, will decline. Okay, so you’re making money two ways. I call that the double inflation arbitrage. But what were you going to say about the price goes up?

Robert Beadles: Oh, it’s not the value of these commodities. It’s actually the price. They’re still worth the same.

Jason Hartman: Fair enough. And, you know what, why don’t you just distinguish that for our listeners? There’s a difference between price and value, real and nominal.

Robert Beadles: Sure. Picture you’re back in say 1913 and you buried a dollar in the backyard and then you dug it up today.

Jason Hartman: You’d have a nickel.

Robert Beadles: Exactly.

Jason Hartman: But it’s still called a dollar.

Robert Beadles: It’s still called a dollar. Yeah, it’s not worth it anymore. It’s worth 5% of what it once was.

Jason Hartman: Yeah. So that’s the difference between price and value then.

Robert Beadles: Right.

Jason Hartman: Yeah, good. Well, you have a couple of websites, Robert, and I just wanted to make sure you give those out. One is your campaign website and the other’s for the book. But also, just kind of wrap this up with any other thoughts you have.

Robert Beadles: Okay. Well, let’s start with the websites. Anybody listening today can go to HeresWhatYouDO.net/free.

Jason Hartman: And that’s for a special offer?

Robert Beadles: Yeah, /free and that will get you a free chapter of the book, plus I think it’s a cheat sheet, five tips in how to succeed in this economic whirlwind right now. And then there’s also RobertBeadles.org where that talks about the campaign, talks about me. We’ve got a little money bomb going because unfortunately to run for congress it takes a lot of money and we’d really need help from people, like-minded people, that want to get our country back. So it’s expensive. But they can go to RobertBeadles.org to find out about that. And me and Nick Felberg, we started HowWouldYouFixTheUSA.co where people can go and they can write their comment, what they think’s wrong with the country and how they would go about fixing it. All those ideas I’ll take with me to Washington. So their opinions and voices will be heard.

Jason Hartman: And that’s HowWouldYouFixTheUSA.com?

Robert Beadles: Yeah, HowWouldYouFixTheUSA.com. That’s kind of a mouthful.

Jason Hartman: Yeah, I’m there now. That’s good. That’s kind of a wiki site on how to fix the government, yeah that’s great. Okay.

Robert Beadles: And then lastly, we’re starting…It’s called FinancialFightClub.com which is going to help people learn how to invest or people that know how to invest how to further their education. People that are going through hard times, people looking for answers, they’ll be able to find them there, and that will all be…If they have questions, we’ll have answers for them, that type of thing. So that should be up in the next week or two. And we’re trying to get some big names on board with us. So it’s not just me and some other guys. There’s going to be some really big names on board as well.

Jason Hartman: I don’t think it’s any coincidence that you called it Financial Fight Club because interestingly enough the movie Fight Club which I didn’t intend to see, I thought it was just some stupid movie about these guys fighting which is kind of violent and it’s sort of vile at some points, but I gotta tell you that is one of the best written movies ever. I mean it’s really quite good. I’ve seen it twice. And the whole point of it is they want to destroy the debt that is enslaving people. And it’s violent and kind of vile in a lot of points, but it is a well done movie. I mean it’s very well done. And it’s got a lot of hidden little lessons in it that are very interesting. And at the end, what they basically do is destroy the debt. That’s kind of the point of it. So it’s interesting.

Robert Beadles: Yeah, that would be Financial Fight Club.

Jason Hartman: Okay, great. You know, I want to ask you one thing just before you wrap up.

Robert Beadles: Sure.

Jason Hartman: We talked a lot today about the negativity of what’s going on out there. And certainly people are hearing about it all the time. On one side of the sort of mainstream more leftist media that is most of the media, just my opinion, I could be wrong but I’m not, in that media you’re hearing recovery, recovery, recovery. I don’t believe it. I don’t think we’re in a recovery. I think they’re lying, they’re lying, they’re lying, because they’re pushing the agenda of the president administration. And as negative as things are, I think this is the time, and if you look throughout history, in bad times are usually when the biggest opportunities are created.

Robert Beadles: Absolutely.

Jason Hartman: And there are huge opportunities right now. One of them I think is the opportunity to buy things that come out of the ground as you call it, and I love that metaphor, meaning cheap rental properties that are really beat up in many markets that prices are phenomenal. Do you want to just talk for a moment about possible opportunities out there right now? I know the book covers that and you’ve done well in real estate as an investor. Just mention anything to that effect.

Robert Beadles: Certainly. Well, like the old saying goes, buy on bad news, sell on good news.

Jason Hartman: Oh, good.

Robert Beadles: And that’s where we’re at right now. And a lot of people are saying you’re crazy. Why would you be buying real estate right now? And I said you’d be crazy not to. Look at the prices.

Jason Hartman: I’d say it depends where.

Robert Beadles: Well for sure, for sure. You’ve got to buy one of those jobs. Like for instance, here in LA would be a great place for people. You can buy anywhere, but you want to buy close to jobs. Detroit would not be a good place to invest.

Jason Hartman: No. Detroit’s a disaster of epic proportions.

Robert Beadles: Yeah. So I mean you can buy a house here for $300, but you don’t want to.

Jason Hartman: Even less. Sometimes they’ll pay you to take it if you’ll just pay the taxes.

Robert Beadles: Exactly. But yeah, right now you should be buying multi-family properties that maybe they’re beat up. You can probably get, like where I’m from, the Stockton Arena’s got a bunch of good deals.

Jason Hartman: Well Stockton is ground zero for foreclosures. I mean you saw the 60 minutes report on that I’m sure. That was interesting, yeah.

Robert Beadles: There’s lots of deals there. You can get something 3 or 4 units for under 100 grand. You’re talking a mortgage of say $600 and you’re talking 2 to 3 thousand dollars of gross money you’ll be getting from it.

Jason Hartman: The only problem I’d say about that particular area is didn’t they just overbuild it too much? We like the southeastern US, we like the Mid-Atlantic. Texas, the economy is doing very well, Georgia, a little bit in the Carolinas, depends where. Some of the Midwestern states seemed eager.

Robert Beadles: Yeah. I’m not saying you have to buy in Stockton. I buy a lot of stuff there. But I buy a lot of stuff in Oklahoma, I buy a lot of stuff in Texas. I own a lot of stuff outside of San Antonio.

Jason Hartman: I own in San Antonio and a bunch in Texas, yeah.

Robert Beadles: Yeah. I was just talking for people that might know me in the Stockton area, you can look right there on the MOS and find stuff for 100 grand that you can end up making 2-3 thousand dollars month free and clear on.

Jason Hartman: Are the renters there though? Are there enough renters?

Robert Beadles: Every single of my properties is full.

Jason Hartman: How interesting, because we haven’t done California yet. We’re still thinking California’s got another 10% decline ahead of it.

Robert Beadles: The only problem, the multi-family I don’t think is going to be hit as hard, is residential.

Jason Hartman: Yeah. I think that depends where. But you’re right, probably not in the areas you mentioned. But I think California just got a little more of a beating ahead of it and I just want to kind of…I want to say, just as a caution to listeners, don’t fixate too much on finding the bottom, because those people that do usually miss it, where they make their whole strategy around that. But I think it’s pretty clear that we’re not at the bottom yet in California. So I’m just kind of in a holding pattern for probably I’m guessing it’s going to be another 8 months to a year.

Robert Beadles: You could be right. But what I look at as the bottom line, is it going to make me money?

Jason Hartman: Yeah.

Robert Beadles: If I’m able to find something now for $100,000 and it’s going to make me 2 or 3 thousand dollars a month, this is just small numbers, why wouldn’t you do it?

Jason Hartman: And if you can be duplicating that over and over, that’s a great deal.

Robert Beadles: In a year it might be worth $95,000. But I’m still making 2 or 3 thousand dollars a month off it in the meantime. And once the hyperinflation kicks in and I think it will, it’s going to be a lot more moneywise. It’s not going to be worth more, but the price will be a lot more.

Jason Hartman: Sure, good stuff. Okay, anything else just to kind of wrap all this up?

Robert Beadles: No. If they could, just check on all the websites, and I just really thank you for having me on. Is there anything else you want to talk about before I hit the road?

Jason Hartman: No. Thank you so much for joining us, Robert. You get back to Disneyland and have a good time with your family.

Robert Beadles: Alright, thanks so much.

Narrator: Thank you for joining us today for the Holistic Survival Show, protecting the people, places, and profits you care about in uncertain times. Be sure to listen to our Creating Wealth show which focuses on exploiting the financial and wealth creation opportunities in today’s economy. Learn more at www.JasonHartman.com or search Jason Hartman on ITunes. This show is produced by the Hartman Media Company, offering very general guidelines and information. Opinions of guests are their own and none of the content should be considered individual advice. If you require personalized advice, please consult an appropriate professional, information deemed reliable, but not guaranteed. (Top image: Flickr | Cyron)

The Holistic Survival Team

Transcribed by Ralph

 

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