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Once again, there’s no need to watch any other program. No need to go out there and waste your time with the mainstream media.All you have to do is watch this show because we’re going to tell you everything that you need to know and we’re going to tell you the inside story that nobody else is talking about.This morning, we got Hillary Clinton clarifying her comments. Apparently, the blowback from her comments about how businesses don’t create jobs was too severe.We’ve also got Britain is ending it’s combat mission in Afghanistan and there is a new poll out of what Brits think. And we have the young woman who’s returning home back in Maine after her ebola quarantine. -----If you would like to discuss anything with John about the show, email him at Jason@TheLiveShow.TVYou can also use the hashtag #TheLiveShowFollow Jason on Twitter: www.Twitter.com/TheLiveShowTVFollow Us on Facebook: www.Facebook.com/TheLiveShowTV-----If you are really enjoying the show and would like to support what we're doing at The Live Show, please consider donating to our cause. You can do that at www.Patreon.com/TheLiveShow-----Are you interested in advertising on The Live Show?Reach out to us at Advertising@TheLiveShow.TVWe’d love to talk with you.-----SponsorsTrade Pro Futures: http://tradeprofutures.com/The industry's top futures and forex trading platforms.Trade Empowered: http://www.tradeempowered.com/Learn how to day-trade, swing-trade, or become a profitable long term trader.Main Street Alpha: http://mainstreetalpha.com/A social site that links up professional successful traders with verifiable track records to capital.----- Let me reiterate, ladies and gentlemen, ebola is not a threat.It’s not. The risk of you getting ebola are super low unless you happen to be in Sierra Leone as a medical worker dealing with people who are on their deathbed with ebola. Then your risk of contracting ebola is very high.What I find difficult to understand. By the CDC’s own projections they put out 2 weeks ago, they said that they estimate by January 2015 there will be a total of approximately 550,000 ebola cases. They’re the ones calling for saying that it’s a massive pandemic.But when we actually have people that are over there, that are of the highest risk cases, who end up coming back to the United States, they just simply say ‘don’t worry about it. If you get a fever, let us know’. And then when you call and you say you have a fever, they say ‘you can get on the plane anyway’. Is this not the most impudent organization on Earth?I’m starting to think that the CDC has no idea what they’re talking about. It was the CDC who said that they cannot confirm whether ebola was an airborne virus or not. They don’t know. They admit they don’t know. Yet they don’t think it’s necessary to quarantine people who are coming back from overseas.Now, don’t get me wrong, I have a great deal of respect for doctors who are willing to go over to third world countries in order to try and help those places who have the least amount of medical care possible.But think about what America is asking of you when you’re coming back. You’re willing to go to Sierra Leone. You’re willing to work with one of the most deadliest diseases that we know of right now. You’re willing to help people and save lives with that terrible disease. You’re putting your life on the line to go over there.And yet, when you come back, it’s somehow a violation of your liberty to be in a quarantine? You made the choice to go over there, we all appreciate the fact that you went over there and I’m sure there are people who didn’t die because you were there. But now that you’re back here, there is a responsibility and you have a responsibility to the people in this country that you wait out the quarantine period to make sure that you’re not sick. Nobody knows what’s really going onFirst it was global warming. Then they realized it was getting colder. Now it’s climate change because who can argue against that the climate is changing? Al Gore said we weren’t going to have any polar ice caps anymore. They were going to be all gone by today. And we find out that no, they’ve actually doubled in size, that they’re growing.This goes along the same lines with the CDC and this ebola scare. I believe wholeheartedly that it is nothing more than an attempt to control you. An attempt to gain power from the people by scaring them with all of these ideas. And global warming is just another one of those ideas.The surest way to get yourself in a panic is to listen to what the government tells you because they are virtually always wrong. They’re almost never right.What frustrates me is that nobody looks at the outcomes of their principles and the outcome of their claims. And the reason that they become overly excited about these things is because if they didn’t and there was a real pandemic, well then they get blamed.But if they go way overboard on it, like tell us that a million people are going to die, well then all of a sudden, when only ten thousand people die, well then they say they took all this action and did something about it. Hillary Clinton is in a lot of trouble. She’s had to backpedal big time.This is so typical of politicians to do things like this, to say things so utterly ridiculous. What’s funny is, I’m fairly certain that this was scripted, that she was reading from a prepared speech to this group of supporters when she said these things.If you haven’t heard about this, basically, yesterday she made this comment.“Don’t let anybody tell you that it’s corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried; that has failed. It has failed rather spectacularly.” - Hillary Clinton Well, in response to that, she had to come out and clarify her statement today. Hillary Clinton clarifies comments on job creationhttp://onpolitics.usatoday.com/2014/10/27/hillary-clinton-businesses-job-creation/So-called trickle-down economics has failed. I shorthanded this point the other day, so let me be absolutely clear about what I’ve been saying for a couple of decades: Our economy grows when businesses and entrepreneurs create good-paying jobs here in an America where workers and families are empowered to build from the bottom up and the middle out — not when we hand out tax breaks for corporations that outsource jobs or stash their profits overseas. This is not a clarification. This is what we call a total reversal. A contradiction.On yesterday’s show, I explained that trickle down economics is not a real economic theory. What it is is it’s a way liberals have been explaining a principle about economics that the do not understand. Hillary Clinton has absolutely no idea what she’s talking about on an economic scale.If you ask her what trickle down economics is, she will tell you it’s when you give money to the rich in form of tax breaks in hopes that then the money will trickle down to the little guy. And we went to great efforts yesterday to explain that that is not how free market capitalism works. When you reduce taxes on people who save and invests, that investment dollars that is made first goes to the worker.You can go back and watch yesterday’s episode as well as read the show notes for the complete analysis. It’s pretty simple. If you give tax breaks, you give tax breaks across the board to everyone in every sector.You equally disperse those tax cuts because, here’s the thing, a subsidy is something that a company gets that another company doesn’t get. So, it is the government picking who is going to get capital and who isn’t in the form of tax refunds, grants, or whatever it may be. We, as libertarians, believe if you are going to give tax relief or tax benefits or tax reductions, you do that equally across the board.If you’re going to raise taxes, you’re going to do it equally across the board to all companies in all sectors, giving them more capital with which to invest with and you allow those businesses to stand on their own merit without subsidy, without special hand outs.Unfortunately, Hillary Clinton does not understand even the basics of all this. She goes on to talk about more hot button issues that liberals hate, which is this idea of tax breaks of corporations who outsource jobs. So let me just put that issue to rest as well. There is not a single company in the United States that’s given a tax cut to send their jobs overseas, nor are they given tax cuts to keep capital overseas.What happens is companies can get better tax rates and cheaper labor overseas than they can get it over here.Why can they get that? For one, standard of living is higher here. Low wage workers, there’s a floor on where you can pay low wage workers so the minimum wage hampers their ability to stay here in the United States. And the overall tax burden on them is lower so you see many companies looking at it and they say ‘look, it’s cheaper for me to uproot my entire company, move it overseas, then ship the goods and services back to the United States, and sell them here. I can actually make more money doing that’.And, as I stated yesterday, ladies and gentlemen, instead of trying to fix the problem of an undue tax burden on individuals who create jobs by Hillary Clinton’s own admission and we need to fix that so more companies will want to come here to work so we create an environment here that will increase GDP, that will increase growth, instead, what do they do?Instead, they want to put into place laws that prevent people from moving overseas, to prevent people from leaving this country. We need to put a fence around America. When that is the situation that you are faced with, you’re wrong. You’re making terrible mistakes and something has to change.But I guess some people were listening to this show and this is why you don’t have to listen to anybody else. You don’t have to go anywhere else for your news. You just have to watch this show. Because, as I said yesterday, if you want the clearest indication of what creates wealth inequality, all you have to do is look at the principles that liberals promote: deficit spending, money to the banks, all of these things. Draghi May Help Europe’s Rich Get Richerhttp://www.businessweek.com/news/2014-10-27/draghi-may-help-europe-s-rich-get-richerEuropean Central Bank President Mario Draghi, fighting a deflation threat in the euro region, may need to confront a concern more familiar to Americans: income inequality.With interest rates almost at zero, Draghi is moving into asset purchases to lift inflation to the ECB’s target. The more he nears the kind of tools deployed by the Federal Reserve, the Bank of England and the Bank of Japan, the more he risks making the rich richer, said economists including Nobel laureate Joseph Stiglitz, chief economist for the World Bank from 1997 to 2000.In the U.S., the gap is rising between the incomes of the wealthy, whose financial holdings become more valuable via central bank purchases, and the poor. While monetary authorities’ foray into bond-buying is intended to stabilize economic conditions and underpin a real recovery, policy makers and economists are increasingly asking whether one cost may be wider income gaps -- in Europe as well as the U.S. Basic Economics: A Common Sense Guide to the Economyhttp://amzn.com/0465022529A must read to educate and empower you to understand the basic tenets of economics. Stealthy Norwegian entrepreneur aims to revolutionize U.S. energy storagehttp://www.reuters.com/article/2014/10/27/us-energy-storage-eikeland-idUSKBN0IG29T20141027Jostein Eikeland, a Norwegian entrepreneur with a mixed record of success, is hoping to jolt the world of energy storage.On Tuesday, Eikeland's latest venture, Alevo, will unveil a battery that he says will last longer and ultimately cost far less than rival technologies.The technology, which is meant to store excess electricity generated by power plants, has been developed by Eikeland in secret for a decade. Alevo's approach stands in stark contrast to the public announcement last month of Tesla Motors Inc's planned $5 billion factory in Nevada, which will make batteries for electric cars. Tesla says its plant will employ 6,500 people by 2020. It will receive more than $1 billion of state incentives."Building a $1 billion facility in stealth mode is definitely unusual," said Dan Reicher, executive director of the Steyer-Taylor Center for Energy Policy and Finance at Stanford University. Reicher, a former green technology investor, said he was not familiar with Alevo or its technology.State and county officials in North Carolina confirmed that Alevo has not sought any business incentives.One of the most interesting pieces of this article is that apparently he has taken no federal money for it. Amazing. You mean, you have an entrepreneur out there with an idea?Who risked his own money and his own capital on the line to try to create something?And he didn't need a government grant to do it?He didn't need the support of the public sector? He didn't need tax money to achieve his goal?No. Eikeland, 46, said Alevo, named for the inventor of the battery, Alessandro Volta, has $1 billion from anonymous Swiss investors and has taken no state funding or incentives.Alternately brash and self-deprecating, Eikeland did not shy away from discussing his up-and-down past. He founded software company TeleComputing Inc during the dot-com boom, helped take it public on the Oslo stock exchange, then left in 2002 after the tech bubble burst.He later invested heavily in and took the helm of Sweden-based auto parts manufacturer, TMG International, which went bankrupt in 2008. Broke, he was forced to sell his lavish homes to pay his taxes, according to media reports that were confirmed by representatives for Alevo.After TMG, Eikeland spent a few years investing in software and battery technologies, many of which he admits failed."I know how hard it is to lose eight of your 10 fingers," he said. "I wish I had somebody else to blame."Ladies and gentlemen, this is the true entrepreneur. This is what entrepreneurs really go through. It's not a situation where suddenly they make all kinds of money and they're rich forever now, and their constantly exploiting people.No, what is he doing? He made a lot of money during the tech boom. He took that money, he tried to invest it in other places and he failed. He failed again, and again, and again.He went broke. He had to sell his lifestyle, sell his home to pay his taxes. And then he goes right back at it again.That's what producers do. And this is the misunderstanding that I want to get across to you about the difference between producers and workers. The progressives, the Democrats, would have you believe that it is the worker that is the producer.Unfortunately, that just isn't the case. If you're a worker, you're labor.The producer is the guy that can create regardless whether you are there or not.The employees are there to create economies of scale. The real producer is the guy who creates the widget. The guy who puts it together. The guy who took the idea and turned it into reality.And if all of the workers were gone, the producer would still be able to make a living because he could still churn out the widgets on his own.This is the difference. This is the guy that invests, who risks his life's savings.Support the show.