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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 going to crank out $80 billion a month to subsidize all those that are going to sign up for the Af….Continue
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 thing called Obamacare. Check out today’s transcript for the res….Continue
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 notes. Check out today’s transcript for t….Continue
Mandeville, LA – Exclusive Transcript – We’re going to step into the King Dude’s wayback machine and go back two days ago to the Gallup organization’s website. If you were perusing that particular poll on who it is that is to blame for the temporary interruption in non-essential wealth transfer payments, you may have stumbled upon this oxymoron: “Dysfunctional Government Surpasses Economy as Top U.S. Problem.” I couldn’t stop laughing just at the headline. C….Continue
Mandeville, LA – Exclusive Transcript – To say financial ruin and financial decline is in our future if we don’t borrow more money is to equate our financial enterprises with debt and with government servitude. God calls us to Give The Shirts Off Our Backs to the poor. Is that worthy of a manly sentiment from free people or is that a bunch of people who probably lost their way and have lost most connection that they may have had to how life actually is supposed to work….Continue
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 only going to get to about a page and a h….Continue
Mandeville, LA – Exclusive Transcript – Can I just be one of the few sane voices out here? The country is not going to default. It can’t default. It is not going to not make its interest payments. Besides, many of the interest payments are due to what entity? All this money, all the debt you’re hearing about that has to be repaid and whatnot, all of this is not going to China. Check out today’s transcript for the rest…….Continue
Mandeville, LA – Exclusive Transcript – Before Obamacare, there was $222 trillion worth of unfunded liabilities on the books for the federal leviathan. The money does not exist on the face of the planet to discharge those responsibilities. That, by the bye, is in excess of what is actually funded and paid for, yet no one is talking about that. Check out today’s transcript for the rest…….Continue
Mandeville, LA – Exclusive Transcript – It was the citizens of the United States that elected the Democrat Party and that empowered it over the last century to begin and then to work at very hard the progressive era, as it’s called. It’s the citizens that became corrupted by and were enraptured into the same process while calling themselves conservatives because they operated under the umbrella of the Republican Party. I think that all citizenry is at some level resp….Continue
Mandeville, LA – Exclusive Transcript – I’m going to ask the question again: What productivity? What do they produce? What do they produce other than regulations that hamper the production of every other living soul on the continent, hell, across the world? According to this, the 1996-96 shutdown cost $1.4 billion, roughly $2.1 billion in today’s dollars. One of the things we know federal workers are really good at producing is inflation and currency devaluation. ….Continue
Mandeville, LA – Exclusive Transcript – If you weren’t opposed to the standing army from the standpoint that the framers of the Constitution and the generations that came after them had been very wary of and with very good reason of having standing armies lying around for obvious reasons, perhaps the latest statistics from the shutdown will warm you to the idea of at least considering this. Check out today’s transcript for the rest…….Continue
Mandeville, LA – Exclusive Transcript – Rand Paul’s statement that he can live with $2.6 trillion worth of government, to me, is a dropping of the gauntlet. I don’t believe you people out there or your neighbors out there in the states can live with $2.6 trillion worth of leviathan. Here comes the other rub. Whether you have one-third of the largesse you currently enjoy, more than a third, half cut off, or whether you keep the spending at $3.8 or $4 trillion and the….Continue
Mandeville, LA – Exclusive Transcript – If you really want to do something about it, here’s a word for you to research and think about all weekend long: secession. [mocking] “Why don’t you get in line with the rest of us? Why do you keep going to that? You know it’s not going to happen. Why do you keep talking about it?” I keep bringing it up because it forces you to consider actual alternatives. Check out today’s transcript for the rest…….Continue
Mandeville, LA – Exclusive Transcript – All this protestation and all this hooting and hollering and all this stuff that’s going on, in all the fundraising that’s going on with Tea Party groups sending their little letters out asking, [mocking] “You must support us now in this our darkest hour of need. We’ve got to get rid of Obama.” At the end of the day, none of this will result in a leaner, less meaner federal leviathan. That’s what you ought to care abou….Continue
Mandeville, LA – Exclusive Transcript – The idea that the great recession has ended and we’re now in some kind of a boom just because all of the funny money that Bernyankme and company are printing is just landing in the laps of brokers on Wall Street, this is by design. Check out today’s transcript for the rest…….Continue
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