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 1.3

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https://digitizedrevolution.files.wordpress.com/2011/05/podcast-23-may-2011.mp3″

Introduction:

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

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Podcast: Episode 1.2

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https://digitizedrevolution.files.wordpress.com/2011/05/podcast-16-may-20111.mp3″

Introduction:

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

Lyrics

Fred Buzzeo – “To Tax Is to Destroy”

http://mises.org/daily/5234/To-Tax-Is-to-Destroy

To Tax Is to Destroy

Fred Buzzeo | April 28, 2011

The landmark Supreme Court decision McCullough v. Maryland (1819) has had wide impact on the powers of the federal government. In fact, this decision, more than any other, is responsible for the incredible growth of federal authority throughout the years. Today, Washington has a tight grip on every aspect of our lives, and much of this federal intrusion is due to the “implied powers” doctrine that emanated from this court decision.

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Published in: on April 28, 2011 at 11:05 PM  Leave a Comment  

American Small Business League – “Obama Budget Plan: Higher Taxes on Small Businesses, and Federal Small Business Contracts for Fortune 500 Firms”

http://www.asbl.com/showmedia.php?id=1837

“Obama Budget Plan: Higher Taxes on Small Businesses, and Federal Small Business Contracts for Fortune 500 Firms”

American Small Business League | April 13, 2011

Petaluma, Calif. – Today President Barack Obama rolled out his blueprint for deficit reduction, during which he highlighted a plan to implement higher taxes on “the wealthy.” The American Small Business League (ASBL) is concerned that President Obama’s reference to the wealthy, meaning wage earners over $250,000 a year, is actually a reference to a large percentage of America’s 27 million small businesses.

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Murray N. Rothbard – “The Tyranny of Government Courts and Prisons”

http://mises.org/daily/5199/The-Tyranny-of-Government-Courts-and-Prisons

“The Tyranny of Government Courts and Prisons”

Murray N. Rothbard | April 12, 2011

Compulsory labor permeates our legal and judicial structure. Thus, much-venerated judicial procedure rests upon coerced testimony. Since it is axiomatic to libertarianism that all coercion — in this case, all coerced labor — against everyone except convicted criminals be eliminated, this means that compulsory testimony must be abolished as well. In recent years, it is true, the courts have been alive to the Fifth Amendment protection that no alleged criminal be forced to testify against himself — to provide the material for his own conviction. The legislatures have been significantly weakening this protection by passing immunity laws, offering immunity from prosecution if someone will testify against his fellows — and, furthermore, compelling the witness to accept the offer and testify against his associates. But compelling testimony from anyone for any reason is forced labor — and, furthermore, is akin to kidnapping, since the person is forced to appear at the hearing or trial and is then forced to perform the labor of giving testimony. The problem is not only the recent immunity laws; the problem is to eliminate all coerced testimony, including the universal subpoenaing of witnesses to a crime, and then forcing them to testify. In the case of witnesses, there is no question whatever of their being guilty of a crime, so the use of compulsion against them — a use that no one has questioned until now — has even less justification than compelling testimony from accused criminals.

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Economic Collapse – “Corrupted!: 5 Shocking Examples Of Government Corruption That Will Blow Your Mind”

http://theeconomiccollapseblog.com/archives/corrupted-5-shocking-examples-of-government-corruption-that-will-blow-your-mind

“Corrupted!: 5 Shocking Examples Of Government Corruption That Will Blow Your Mind”

Economic Collapse | April 14, 2011

At times it really is breathtaking how corrupted the U.S. government has become. Government corruption has become so endemic in our society that most people have just kind of accepted it as “normal”. But shouldn’t we all get hopping mad when we learn that the Federal Reserve sent billions of dollars in bailout money to addresses in the Cayman Islands? Shouldn’t we all be furious when one of the leading candidates for the 2012 Republican presidential nomination, Mitt Romney, declares that he is “not going to spend my time focusing on the Federal Reserve”? Shouldn’t we all be alarmed when Nancy Pelosi gives a speech in which she says that “elections shouldn’t matter”? Shouldn’t we all demand that someone be held accountable when we find out that a CBO analysis shows that the “$38.5 billion” in spending cuts will only reduce the budget deficit for this year by $352 million dollars? On top of everything else, shouldn’t we all be absolutely horrified when the TSA gropes little 6 year old girls and virtually none of our politicians demand change?

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Published in: on April 14, 2011 at 11:48 PM  Leave a Comment  

Bob Chapman – “Half a Trillion Bailout For The Creators of the Market Crisis”

http://www.theinternationalforecaster.com/International_Forecaster_Weekly/Half_a_Trillion_Bailout_For_The_Creators_of_the_Market_Crisis

Half a Trillion Bailout For The Creators of the Market Crisis

Bob Chapman | September 21, 2008

US Mortgage bailout at half a trillion, Loss of confidence means end of credibility in the markets. Phony wars, phony values in real estate will cost all of you, financial companies bought out, power consolidated in financial markets, Gold on the rise, stock markets as volatile as a drunken sailor, why are the markets rallying after the big bailout.

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Agence France-Presse – “Obama, McCain demand more from Wall St rescue deal”

http://rawstory.com/news/2008/Obama_McCain_demand_more_from_Wall_0920.html

Obama, McCain demand more from Wall St rescue deal

Agence France-Presse | September 20, 2008

The White House rivals Saturday gave qualified welcomes to a huge government bailout of Wall Street, driving home their own ideas to bring relief to both busted financiers and “Main Street.”

After the US government said it wanted a green light from Congress to buy 700 billion dollars in distressed mortgage assets, Barack Obama and John McCain both said they would study the deal and work across the political aisle.

But bitter differences on the road to the November 4 election were also exposed as Obama accused his Republican foe of wanting to “gamble” away Americans’ life savings and deregulate healthcare at a time of market crisis.

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Michael S. Rozeff – “The SEC’s Second-Hand Socialism”

http://www.lewrockwell.com/rozeff/rozeff221.html

The SEC’s Second-Hand Socialism

Michael S. Rozeff | September 20, 2008

Every day brings a new surprise or two from our home-grown financial central planners. Did they study some Soviet theorists? They didn’t have to. They merely had to grow up in the American political, educational, and media system, our democracy being the disguised socialism-communism-fascism-plutocratic-kleptocracy that it is. They merely absorbed their socialism second-hand.

Once in power, which means once placed in the closed circle of power, our commissars act accordingly. People like Paulson and Bernanke and Cox can act in no other way, being the cowards and creatures of the system they are. They cannot withstand the pressures to conform and survive in the circle of power when combined with their own warped understanding.

What is that closed circle? It is the to-and-fro movement of money among: banker-investment banker-central banker-campaign contributor-lobbyist-Congressmen-regulators.

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Peter Schiff – “Paulson Commits Trillions of Tax Payer Dollars to the Mother of All Bailouts”

http://www.marketoracle.co.uk/Article6355.html

Paulson Commits Trillions of Tax Payer Dollars to the Mother of All Bailouts

Peter Schiff | September 19, 2008

Best Financial Markets Analysis ArticleJust three days ago, after looking at the prospect of bailing a string of distressed financial institution in the country, the government seemingly drew a line in the sand, and refused to bail out Lehman Brothers. The authorities clearly saw Lehman’s demise as a trial balloon to see how the markets would react if the government stayed on the sidelines. That trial balloon quickly turned into the Hindenburg. Immediately reversing course, the Government has decided to go “all in” and bail out every institution with financial exposure to U.S. mortgages.

Simply put, Americans will not be allowed to visibly suffer losses after the greatest asset bubble in U.S. history. But make no mistake, the losses are real and Americans will pay one way or another.

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Published in: on September 21, 2008 at 11:20 AM  Leave a Comment  

Kurt Nimmo – “Both Sides of the Banker Party Argue Taxes”

http://www.infowars.com/?p=4716

Both Sides of the Banker Party Argue Taxes

Kurt Nimmo | September 20, 2008

Once again, Joe Biden opened his mouth and inserted a foot, this time declaring paying taxes is somehow patriotic. Joe has a caveat, of course — only the “rich” will pay these new taxes. For Joe, the rich make over $250,000.

Joe, let’s talk reality here. $250,000 is not rich. In this day and age, with government and banker imposed inflation, funny money devaluation, and all kinds of taxes already in place, $250,000 is middle class, not rich.

Joe knows this, he also knows this sort of rhetoric will get the ill-educated plebs all worked up, those who make $40,000 or $20,000 per year. Socking it to the “rich” (upper middle class) always works like a charm. Meanwhile, the real rich will avoid taxes, as they always do.

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Llewellyn H. Rockwell, Jr. – “Understanding the Crisis”

http://www.lewrockwell.com/rockwell/understanding-the-crisis.html

Understanding the Crisis

Llewellyn H. Rockwell, Jr. | September 20, 2008

What caused this? It is a simple question, and yet answers are all over the map, as you might expect. Here’s mine in two words: fiat money. The word fiat means: out of nothing. Money out of nothing is money that is eventually worth nothing. The possibility of precisely that happening emerged on August 15, 1971. Since Nixon severed the last tie of the dollar to gold, the world’s monetary system has not been restrained by anything physical. We’ve depended on the discretion of central bankers. We can’t trust that, and this crisis shows precisely why.

Of course there are subsidiary factors. The lifting of restrictions on Freddie and Fannie. Subsidized lending. The Fed’s artificially low interest rates. The Community Reinvestment Act. Financial “deregulation.” The war. Bush profligacy. Debt. There is much more besides. But fighting each of these forces individually is like battling down flies at the garbage dump. The core issue is that there is nothing to restrain money creation.

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Andy Abraham – “Who Will Bail Out the U.S. Government?”

http://seekingalpha.com/article/96071-who-will-bail-out-the-u-s-government?source=from_friend

Who Will Bail Out the U.S. Government?

Andy Abraham | September 18, 2008

In my blog, I thought I was being facetious when I asked the following rhetorical question:

Who will bail out the U.S. Government?

I believe anything can happen, but after digging deeper, I realized there are some serious issues here.

The U.S. government has enormous money problems of its own. The government is much greater in debt than AIG (AIG), Fannie Mae (FNM), and who knows who is else could be next. The national debt currently stands at approximately $9.634 trillion, which is a mind-boggling number! What is also worse this huge number has grown four trillion dollars over the current Bush administration. Now, put into perspective the interest that we, the taxpayers must pay.

How About 230 Billion dollars a year!

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Published in: on September 18, 2008 at 10:14 PM  Leave a Comment