Transcripts

Jacob Heilbrunn Says Ron Paul Is An Isolationist

todayNovember 19, 2010 1

Background

[mp3t track=’19112010_Transcript_2.mp3′]

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Order Your hardback copy of Life of George Washington, out of print since 1920 but available now from Mike Church & Founding Father Films publishing

(Audio & Transcript) Mandeville, LA – Today’s transcript beginswith a Jacob Heilbrunn editorial written in the Los Angeles Times, apiece that the KingDude deems despicable. He starts things off bytaking up for BernYankMe by calling Ron Paul an isolationist – we saymaybe the isolationists have a point. He then claimsthe Federal Reservewas created to issue currency and set interest rates for banksbalancing the risk of recession and inflation with every decision, wesay that’s a good theory but what it does today is central economic planning. From this we can only deduce that Heilbrunn is a diluted, Neo-Con hack.

EnterFredrich Von Mises and the school of Austrian Economics. Central banksshould not set interest rates, markets should set interest rates. Whentoo much money is loaned out you get mal-investment, the rates then goup, the lending is curtailed and bad investments are liquidated.Soundfamiliar folks?

(transcript to follow)

Related Material: Be able to point out all your Neo-Con favorites better than you can point out where your tax dollars are going by letting the archives of The Mike Church Show on Sirius/XM’s Patriot Channel be your guide:

Modern NeoCons Still Alive As DeceptiCons Part 1  & Modern NeoCons Still Alive As DeceptiCons Part 2

2010 Mike Church Show

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TheKingDude
Host of the Mike Church Show on The Veritas Radio Network's CRUSADE Channel & Founder of the Veritas Radio Network. Formerly, of Sirius/XM's Patriot channel 125. The show began in March of 2003 exclusively on Sirius and remains "the longest running radio talk show in satellite radio history".

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