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The U.S. Has Been Defaulting On Its Debt For Years And That’s Not Changing Anytime Soon

Mandeville, LA – Exclusive Transcript – If we go back to October the 11th, interview given by James Grant of Grant’s Interest Rate Observer, you would have found this posted at the Washington Compost under the headline “Has The United States Ever Defaulted?” Grant’s answer is: Yes, and it’s going to default again; it’s inevitable. Check out today’s transcript for the rest…

todayOctober 17, 2013 8

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Default Deschmalt – The Sun Will Rise, The Moon Will Shine, And The Debt Will Still Be There

Mandeville, LA – Exclusive Transcript – Anthony Sanders, our friend the economist at George Mason’s Mercatus Center has been blogging about this. I asked him for some charts yesterday and he put charts together. You can find them in today’s Pile of Prep under the headline “Confounded Interest,” what Sanders says about the shutdown. Check out today’s transcript for the rest…

todayOctober 17, 2013 4

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Kevin Gutzman On 14th Amendment, Government Shutdown And More

Mandeville, LA – Exclusive Transcript – Let’s go to the Dude Maker Hotline. Our friend Dr. Professor Kevin Gutzman is on the line. We’re going to talk a little bit about this silliness that the president can actually act unilaterally because the 14th Amendment commands him to do so when it comes to paying the debt of the United States. Check out today’s transcript for the rest…

todayOctober 11, 2013 10

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Obama Has Forgotten Gingrich And The Last Government Shutdown

Mandeville, LA – Exclusive Transcript – There’s President Obama out there saying [mocking] “Never before in history has anyone ever used leverage to try not to raise the debt ceiling.” Gingrich is out there I guess listening to this, raising his hand and saying: Um, excuse me, we did. In 1995 and 1996, we did. I have the email blast from former Speaker Gingrich. It was an interesting read. Check […]

todayOctober 10, 2013 6

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Who’s Really To Blame For The Government Shutdown?

Mandeville, LA – Exclusive Transcript – The Democrat Party -- again, I hate to do this in the partisan sense because I despise partisan politics. I don’t want to be a part of them, don’t want to have to talk about them, but in this instance we’re going to have to here because there is politics involved. The Democrat Party has been gaming this from the beginning, knowing that October […]

todayOctober 10, 2013 15

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What Did You Think Decreasing The Size And Scope Of Government Would Look Like?

Mandeville, LA – Exclusive Transcript – Again, I fail to see why anyone that participates in, advocates for, and has been dreaming about shrinking the federal leviathan, why you are not taking the chance or the opportunity to hit the ramparts, to dig yourself in, and to encourage those that have a vote or say-so in this to hold the line. Folks, this is the battle we’ve all been waiting […]

todayOctober 9, 2013 7

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David Stockman’s “Sundown In America”

Mandeville, LA – Exclusive Transcript – Back to David Stockman, there are a couple more stats from the “Sundown in America” essay that he wrote. You can find it in today’s Pile of Prep. If you’re not already convinced, after I read you the rollover of the debt from the first hour, Stockman isn’t finished with his rundown. I’m skipping here. This thing is 18 pages long if printed. I’m […]

todayOctober 8, 2013 21

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