10-24-19 Tis Better to Receive Than Give? (Full Show)

Astros/National's are top of mind this morning; How American's receive more in entitlements than are being paid into the system in taxes; how Social Security became an entitlement; Portfolio Manager Michael Lebowitz on Washington Nationals perspective; Fed REPO rates and demand for cash; Foreign demand for US treasuries is net-negative; the Fed is essentially financing the US Gov't by printing money; the government's Ponzi scheme; the impact of negative interest rates on governments and economies.