Summary:So divisive have American politics become that conservatives and liberals now openly talk about “national divorce,” meaning dissolving the existing union to allow red and blue states to either govern themselves or join smaller, likeminded federations. While there is nothing wrong with considering this solution, one less daunting may be staring Americans in the face....
Summary: They changed George Washington’s birthday to “Presidents’ Day” to honor all the presidents, no matter how terrible they were, especially Lincoln, who was one of the worst. The holiday is usually accompanied by many best/worst president’s lists as seen by historians. Not surprisingly, you can read these backwards and they make much more sense....
Summary: While thousands of Canadian truckers fight vaccine and mask mandates in Canada and cities, states, and nations begin repealing Covid restrictions amid public pressure, New York’s unelected governor continues to require schoolchildren to be masked. Attorney Jim Ostrowski of Buffalo is taking her and every complicit school district to court. Guest bio: James Ostrowski...
Summary: Jay Powell said in December 2021 that the Fed would target federal funds interest rate of 0.9% by the end of 2022. But in the past week, several other Federal Reserve Board members have spoken out, with President of the St. Louis Fed James Bullard calling for the rate to reach 1.0% by July...
Summary: As a follow up to Episode 34 You and I Would Go to Jail for Running a Scam Like Social Security, Tom answers some questions e-mailed in response to the episode and points out how both Social Security and the Federal Reserve System intentionally misuse financial terms to deceive the public. Links: But I...
Summary: The libertarian philosophy based upon self-ownership and the non-aggression principle leads one to political positions like legalizing prostitution, gambling, and other victimless crimes. This begs the question: can one be a devout Christian and a libertarian at the same time? Doug Stuart and Kerry Baldwin of the Libertarian Christian Institute join Tom to discuss...
Summary: Since 2020 we’ve learned how important it is that we still live in a federal republic rather than a monolithic nation state. If things get too bad in your state, you can vote with your feet and many Americans have over the past two years. However, you can also make a difference at the...
Summary: President Biden says the U.S. will not go to war over Ukraine, even if Russia invades, and is not planning on admitting Ukraine into NATO “in the next ten years.” But the administration is still playing a dangerous game by refusing to completely walk away from the conflict. Daniel McAdams from the Ron Paul...
Summary: Economists talk about the Social Security “Trust Fund” and politicians sometimes even demagogue about their colleagues “robbing the trust fund.” But once you understand what the so-called trust fund really is, there is plenty more to be angry about than politicians supposedly robbing it for other government boondoggles. Prepare to be very angry. Links:...
Summary: The U.S. economy supposedly added almost a million jobs December 2021 – January 2022, but the stock markets continue to decline. What are investors seeing that government bean counters are not? As usual, It’s the Fed, Stupid. Links: BLS Jobs Reports Fed will aggressively dial back its bond buying, sees three rate hikes next...