European Debt Crisis & Socialism's Infinite Loop: On & About This Week's Show

The show this week was great! Thanks to callers and listeners alike. Who knew the European Debt Crisis could be so much fun? To tell you the truth, the truth is so horrible that ya gotta laugh at it or you’d cry! Central economic control and the socialist state are as much a failure in Europe as they were in Russia and North Korea, and as I’m sure we will find, in China, yet Europeans continue to double down by betting again on socialism (in France) and communism (in Greece) in the elections of last week. What are they crazy? (Actually, maybe they are: check out my video preview of the show and the article I reference in that post: 40% of Europeans are reported to suffer mental illness!)
European Debt Crisis
If you haven’t been following the European Debt Crisis, the upshot is that the PIIGS (Portugal, Italy, Ireland, Greece & Spain) are already effectively bankrupt and other countries, including France, are not far behind. Despite this, France replaced it’s “conservative” President Nicolas Sarkozy with a socialist, Francois Hollande, as Hollande promised to spare the French people austerity and still somehow spare them bankruptcy. I don’t even think Hollande believes this is possible, but he will raise taxes in a last ditch effort to placate the masses that he’s doing everything he can to get them their free lunch.
Austerity vs. Liberalization
Frankly, although I am the most fiscally conservative person you could imagine (I think government expenditure should be $0!) I don’t think the austerity they are talking about in Europe would work anyway.

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Hans-Hermann Hoppe Explains It All!

My favorite Austrian economist (actually, he‘s German!) is Hans-Hermann Hoppe. Here he is giving a lecture in Brazil (the intro is in Portuguese but his lecture is in English) about private law society. If you enjoy this, you should consider listening to his lectures on CD–they are a joy for the anarcho-capitalist and the anarcho-curious … Read more

End the Drug War: On & About This Week's Show

LEAP
I was joined in studio by Jay Fisher of LEAP–Law Enforcement Against Prohibition–that’s right! Cops, prosecutors and others in the field of law enforcement who are fed up with the Drug War have banded together to spread the word: The Drug War is a lost cause. Here’s a good short video by LEAP that introduces the subject of legalizing drugs from a few of the many law enforcement agents in the organization:
[youtube=http://www.youtube.com/watch?v=LayaGk0TMDc]
Many have concluded that the Drug War is a lost cause, but as with so many lost causes I have observed (the coercive, monopoly form of government for starters), they are lost because they are wrong and unnecessary, not because evil prevails.
Violence Is Caused by the Drug War NOT by Drug Use
The fact is, the extreme violence surrounding drugs is purely a result of the Drug War and not drug use.

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Wesley Clark Tips the Hand of the Power Elite

I did a show a while ago discussing the similarity of foreign policy under the Democrats and the Republicans despite the anti-Bush anti-war protests which seem to be just partisan politics given the muteness of the supposed anti-war left now that Obama is president.  In case you missed the show, here is the opening segment: … Read more

Documentary Review: a/k/a Tommy Chong

a/k/a Tommy Chong, written, produced, and directed by Josh Gilbert, is a documentary film that chronicles the Drug Enforcement Administration raid on comedian Tommy Chong’s house and his subsequent jail sentence for trafficking in illegal drug paraphernalia. Chong was sentenced to 9 months in federal prison. Here’s the trailer….Continue reading >>>

Ron Paul Guest Hosts Squawk Box & Debates Yale Professor Stephen Roach: RP 1, Prof Roach 0

Below is the youtube video of Ron Paul guest hosting on CNBC’s Sqawk Box earlier this week. The whole thing was great watching and worth the time. At one point, Dr. Paul is debating with a guest, Yale Professor Stephen Roach (beginning at 10:27). Dr. Paul claims that the dollar has lost 97% of its … Read more