Podcast notes for broken show — and a hiatus announcement.

Shelly and I tried to record a show last night, but technical difficulties kept the audio from being laid to track.  While I hope to potentially have a guest host sit in this weekend to fill in the content-gap, there are no promises.

In the interim, here’s the link list containing the stories we were to cover.

If I’m able to get a remote co-host’s audio put to track, expect a posting on either Sunday or Monday.

Otherwise, here’s the link list.  We’ll be back on the air as soon as we’re able.  Apologies for the inconvenience.


Podcast: Episode 1.4

Lemme guess: you voted for statism, didn't you?

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Intro: Nine Inch Nails – “Hyperpower!
Outro: Shelly – “State and Serf

Topics on the show included…

Podcast: Episode 1.3

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Intro: Nine Inch Nails – “Hyperpower!
Outro: Shelly – “It’s a One-Party World


Fight of the Century – Keynes and Hayek, Round Two.


Podcast: Episodes XXI and XXII

Download MP3 – Episode XXII (63.5 mb)

Download MP3 – Episode XXI (63.7 mb)

Download MP3 – Peter Schiff Bonus MP3 (3.64 mb, no we didn’t interview him…)

Introduction – Episode XXII:

Introduction – Episode XXI:

Notes to show(s): Apologies for the delay with both episodes.  To make up for the delay on episode XXI, we’re posting episode XXII the day after we recorded it, as well as a free bonus segment!  It’s an interview with Peter Schiff discussing the economy.  All great stuff!  Episode XXI discusses the economic meltdown, etc.  Episode XXII discusses Election 2008 and the coronation of our new messianic Dictator-in-Chief, Obama!  Though, rest assured, we’d crap just as much on McCain if he were (s)elected Fuhrer-in-Chief… but because we’re non-partisan around here (well, except for our support of Ron Paul), everyone’s fair game!  Enjoy the show, stock up on guns, buy some storable foods and gold/silver, and get ready!  Things are going to get really nasty–the Rockefellers and Brzezinski demand it so!

Paul Singer, Jennifer Yachnin and Casey Hynes – “The 50 Richest Members of Congress”


The 50 Richest Members of Congress

Paul Singer, Jennifer Yachnin and Casey Hynes | September 22, 2008

Everything that you are about to read might be wrong.

Roll Call’s annual attempt to rank the riches of Members of Congress is hampered by one fundamental flaw: It is based on the lawmakers’ financial disclosure forms, which are extraordinarily unreliable sources of information.

The disclosure rules allow Members to report assets in broad categories, so there is no way to tell the difference between a $20 million investment and a $5 million investment. The top category on the Members’ forms is “over $50 million,” so it is impossible to accurately account for anything worth more than that — like a professional sports team, for example. There is also a gaping loophole for assets owned by the Members’ spouse or dependent children; anything worth more than $1 million in value can be reported as “over $1 million.” There is no way to tell whether that is $1.2 million or $1.2 billion.


Dorothy Kosich – “Citigroup metals analysts ask why gold is not already at $2,000/oz”


Citigroup metals analysts ask why gold is not already at $2,000/oz

Dorothy Kosich | September 19, 2008

Citigroup asserts that gold will benefit from both the “gloom & doom” and “muddle-through & monetization” scenarios, possibly regaining $1,000 per ounce at year-end and even doubling or tripling in the long term.

“Frankly, we’re surprised, that gold is not already at $2,000 an ounce,” declared Citigroup analysts John H. Hill and Graham Wark.


Published in: on September 20, 2008 at 6:44 PM  Leave a Comment  

Mark Tran – “Banking crisis: Investors pile into gold and bonds”


Banking crisis: Investors pile into gold and bonds

Mark Tran | September 18, 2008

As the world’s central banks pumped billions of dollars into the markets in a bid to restore confidence, investors were piling into gold and government bonds, traditionally safe havens at times of financial turmoil.

Although the FTSE 100 showed signs of steadying after Lloyds TSB announced its bid for HBOS, demand for safe-haven assets was still high. Gold rose as much as 3% to a more than six-week high, extending its biggest ever one-day rise as investors rushed to the safety of bullion in what Alan Greenspan, the former head of the US Federal Reserve, called a “once in a century” financial crisis.

Spot gold rose 1.1%, or $9.60, to $872.30 an ounce from its close in New York yesterday, when it surged more than 10% or nearly $90, exceeding the previous biggest one-day gain in 1980. At one point gold jumped more than 3% to as high as $892.10 an ounce – the highest since August 5 – with a burst of demand from Japanese investors.


Published in: on September 18, 2008 at 10:22 PM  Leave a Comment  

Podcast: Volume I, Episode XVIII

FEMA coffins

Download Episode XVIII (68.3 mb)

Download Episode XVIII Bonus Segment (27.3 mb)

Download Episode XVII (61.0 mb)

Note to show: Nate and I had so much to talk about that we couldn’t confine it to one show!  Rather than drag the initial show out to 1:45+ min., we decided to break it off into its own bonus segment.  And as a result of waiting so long to post Episode XVII, we decided to include it here for those who’d rather not miss a show.  We hope you enjoy (and, please, pardon the cursing–stuff’s getting really crazy out there!).


Podcast: Volume I, Episode XVII

Note to show: Due to such a late posting date (3 week lag) due to my trip, Episode XVII will be posted alongside Episode XVIII as a bonus show.  We apologize for any inconvenience. -M.


CNNMoney.com – “Gas prices tick higher: Down 6.3% from July”


Gas prices tick higher: Down 6.3% from July
Gasoline prices rise for the eight day in a row, edging up 0.1 cent. Prices are down 6.3% from their July high but still up $1.06 from a year earlier.

CNNMoney.com | September 17, 2008

Gas prices edged higher, rising for the eighth straight day, according to a nationwide survey of credit card swipes at gasoline stations.

The average price of unleaded regular rose 0.1 cent to $3.855 a gallon, according to the survey released Wednesday by motorist group AAA.

That followed increases of 1 cent on Tuesday, 4.7 cents on Monday, 5.8 cents Saturday and 6.2 cents Sunday. Sunday’s jump marked the biggest one-day spike for gas prices since Hurricane Katrina hit the Gulf Coast in 2005.


Published in: on September 17, 2008 at 10:12 PM  Leave a Comment  

Joshua Boak – “Economist recounts talk with Fed chairman”


Economist recounts talk with Fed chairman

Joshua Boak | September 17, 2008

Several months ago, economist David Hale had a private meeting with Federal Reserve Chairman Ben Bernanke, who was trying to ward off a recession by lowering interest rates and increasing the money supply in the economy.

The problem with that approach is that the value of the dollar plunged against foreign currencies, causing crude oil prices to skyrocket because oil is pegged to the dollar. It affected food prices, gasoline and family budgets.

“Ben, you are playing a very unique role in world economic history,” Hale recalled telling Bernanke, an expert in the Great Depression. “You are the first central bank governor of the United States to preside over a recession with no decline in commodity prices.”

Bernanke could hypothetically limit inflation in commodities by raising interest rates, a policy that would restrict the flow of money but potentially lead to an avalanche of bank failures. At a financial conference in Florida on Tuesday, Hale, a Chicago-based economist for investment managers, hedge funds and multinational companies, paraphrased the Fed chairman’s response.

“We have lost control,” said Hale, quoting Bernanke. “We cannot stabilize the dollar. We cannot control commodity prices.”


Published in: on September 17, 2008 at 10:07 PM  Leave a Comment  

Pham-Duy Nguyen – “Gold Soars Most Since 1999, Silver Surges on Demand for Haven”


Gold Soars Most Since 1999, Silver Surges on Demand for Haven

Pham-Duy Nguyen | September 17, 2008

Gold surged the most in nine years as investors sought the safety of precious metals on concern that the credit crisis will deepen, leading more financial institutions to fail. Silver soared the most since 1979.

Equities tumbled after the Federal Reserve took over the biggest U.S. insurer. The cost of borrowing dollars for three months jumped the most since 1999 as banks hoarded cash. Central banks in the Phillipines and Venezuela said they may buy gold. In March, the metal reached a record as the government steered JPMorgan Chase & Co. to buy Bear Stearns Cos.

“People are worried about money being safe in a bank,” said Ron Goodis, the futures trading director at Equidex Brokerage Inc. in Closter, New Jersey. “With paper assets in question, gold represents the textbook storehouse of value.”


Published in: on September 17, 2008 at 9:54 PM  Leave a Comment  

Llewellyn H. Rockwell, Jr. – “The Social Imperative of Sound Money”


The Social Imperative of Sound Money

Llewellyn H. Rockwell, Jr. | September 15, 2008

This past week, the government announced that it would take Freddie Mac and Fannie Mae, the mortgage giants, under conservatorship, which is a nice way of saying that they will be nationalized.

We don’t use the word nationalize any more. We can try an experiment and read the new term “conservatorship” back into history. In fact, we might say that Stalin and Lenin put Russia’s industries under a kind of conservatorship. Or we might say that Mao pushed a kind of land conservatorship, or that Hitler’s policy was one of national conservatorship. Marx’s little book could be re-titled: The Conservatorship Manifesto.

You see, the government keeps having to make up new names for these things because the old policies, which were not that different in content, failed so miserably. The old terms become discredited and new terms become necessary, in an effort to fool the public.


Published in: on September 15, 2008 at 10:40 PM  Leave a Comment  

Barbara Hagenbaugh – “Oil prices fall, but gas prices don’t”


Oil prices fall, but gas prices don’t
Crude oil futures, dollars per barrel, 2 months.

Barbara Hagenbaugh | September 15, 2008

Oil prices closed below $100 a barrel for the first time in more than six months Monday, but the lower crude prices aren’t giving drivers relief.

One-fifth of the nation’s refining capacity continued to be shut down as companies continued to assess damage and wait for electricity to return after Hurricane Ike. That fed supply concerns and boosted retail gasoline prices at the fastest pace in three years. There were reports of stations being out of gas.


Published in: on September 15, 2008 at 10:31 PM  Leave a Comment