Deficit

The Cranes, Pt. I, Why Mordor on Potomac is Guaranteed to Grow

Mandeville, LA – Exclusive Transcript – "You’ll know that your vote for Congress is meaningless. Your vote for president is meaningless. Your vote for the Senate is meaningless. You may as well go into the voting booth, sit down a pint of Jack Daniels or Jim Beam or Blanton’s or Maker’s Mark, pour yourself a shot, sip it, pretend like you’re voting, and then walk out. You’d accomplish the exact same […]

October 6, 2014 37

Transcripts

Government Spending Never Stops Increasing

In The Right vs Left Game Nobody Wins Mandeville, LA – Exclusive Transcript – "I think what is partially responsible here for what seems to be this lack of momentum or lack of enthusiasm is that there was a crop of Tea Party-themed candidates that were sent to Mordor on the Potomac in 2010. As we have bemoaned over and over and over again, despite a few notable exceptions, they […]

June 12, 2014 9

Daily Clip

Rothbard – Government Debt Is Worse Than Private Debt

Mandeville, LA – Exclusive Transcript – "If you are one of those that is in the employ of, as an example, one of these companies that is part of the military-industrial complex, is building bombs to destroy property in countries you can’t point to on a map while we are not at war with any country, you are partaking of this. What is so hard to understand about this? [mocking] “Mike, […]

April 3, 2014 7

Transcripts

Bipartisan Thievery Would Not Happen If States Were Independent

It's ALL Thievery.....no Matter WHAT Letter is Behind the Name Mandeville, LA – Exclusive Transcript – "You see, Jarrell, I look at these things a little differently than most people because I believe that the dissolution of the union as a result of the irresponsibility and recklessness is near. I heard, as Jefferson did in 1820, the knell of the union a few years back." Check out today’s transcript for the […]

February 6, 2014 5

Transcripts

If You Think $680 Billion Budget Deficit Is Big, Just Wait For Obamacare To Be Added

Mandeville, LA – Exclusive Transcript – This is just getting started, just the tip of the proverbial iceberg. Where’s the money going to come from? Is this new woman, Janet Yellen, is she going to get in the Federal Reserve and crank out another $80 billion a month to pay for this? We have to keep the stock market going. You gotta feed the monkey, you know, man. Is she […]

November 14, 2013 4

Transcripts

The Federal Leviathan Needs To Be Downsized Before This Last Train To Brokesville Derails

Mandeville, LA – Exclusive Transcript – Just to put this in perspective, this would mean that our mighty, gargantuan federal leviathan would have to exist on a paltry $1.2 trillion. In other words, it would have to exist on the expenditures of the last year of the Reagan administration, in 1989. Chew on that for a moment. Think about that. Then come back to me and tell me exactly how, […]

October 24, 2013 27

Transcripts

So Conservative Hysteria Is Good But Liberal Hysteria Is Bad?

Mandeville, LA – Exclusive Transcript – I think part of the conservative exercise ought to be contemplation. Think about this. We derided and stood steadfastly against, mocked and impugned, and called every name in the book that we could to those “liberals” who promoted the hysterical idea that I talked about yesterday on the show and talked about three years ago on the show, that we had to have this […]

October 23, 2013 9

Transcripts

Caller David Says The End Is Near And The Bottom Will Fall Out Of America

Mandeville, LA – Exclusive Transcript – Folks, if you’re wondering what he’s talking about, here’s what happens. The borrowing authority is granted by lifting the so-called debt ceiling. Where does the money come from? Do you just print it off? That’s one way that you could do it. What generally happens is the Treasury Department tells all their buddies on Wall Street: We’re going to issue $110 billion in Treasury […]

October 22, 2013 11

Transcripts

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…

October 17, 2013 13