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Rick Sanchez: Fired by CNN to Prime Time Show at RT News
Rick Sanchez, from RT News, asks Jason about real estate investing during the pandemic. He also tells his story of recovering from getting fired from CNN to go on to start a successful healthcare company and get a prime time show on RT News.
0:00 Introduction
9:40 The government distorts the market with bailouts and stimulus
13:12 Mortgage applications are going through the roof
14:53 Many people are stockpiling cash during the pandemic
20:31 Housing payments today are cheaper than in 2006
23:24 What will happen when people don't have money in their pockets
25:26 Necessity housing catches people moving up and down the socioeconomic ladder
27:11 An investor invests for yield, a speculator gambles for appreciation
29:06 Low interest rates are bad for landlords because renters become buyers
31:44 A professor encouraged Rick to apply for a CBS scholarship
33:36 Rick had the highest rated show at CNN but was fired
36:07 Rick's healthcare company created a TV show in exchange for advertising inventory
38:29 Rick never imagined he would become wealthly when he got fired
37:52 Adapting to change is important for success
42:22 Cable news anchors are not true journalists
44:28 News media is influenced more by advertisers today
52:21 Rick got an offered to produce a show with true journalistic independence
53:45 Nobody under 45 is watching CNN, Fox, MSNBC, etc.
54:56 Rick's nightly show is called The News with Rick Sanchez
Learn More: https://www.jasonhartman.com/
Listen to the podcast: https://www.jasonhartman.com/podcast/
Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!
#ricksanchez #rtnews #realestateinvesting
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