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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 – 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 – It ought to be a subject of discussion frequently on this show that we talk about these economic events and affairs. If you are of the Austrian economic school, you know that what Ben Bernyankme and company, and what the Congress has allowed Bernyankme to do is to set the table for an awful bubble burst, worse than the one in 2008. The one in 2008 may have been comprised of some unintended consequences. The one that’s coming our….Continue
Mandeville, LA – Exclusive Transcript – That’s what’s so depressing about this. You want to look at this and believe that our almighty federal overlord magical economic masters have this under control and there’s not going to be a drop off, and that roller coaster climb will just continue ad infinitum, on into infinity, never stop. We all know where this is going to end. Check out today’s transcript for the rest…….Continue
Mandeville, LA - Exclusive Transcript - Wait a minute, the last quarter of the year is supposed to be the best, isn’t it? It’s when everybody shells out all their dough on Christmas gifts. This is when everyone who is unemployed and seeking part-time employment can actually find it, isn’t it? All the things that are supposed to happen in the last quarter of the year are supposed to make it right. It’s supposed to make it gay. Songs of silver and gold come to mind.….Continue
Mandeville, LA - Mike Church's daily Pile of Prep, chock full of Tea Party swan songs and other [r]epublican stories used to perform the Mike Church Show on Sirius/XM Patriot channel 125.- "What is the object of human life? The enlightened conservative does not believe that the end or aim of life is competition; or success; or enjoyment; or longevity; or power; or possessions. He believes instead, that the object of life is Love." - Russell Kirk.….Continue
Mandeville, LA - Exclusive Transcript - If there were two actual, literally, seriously, diametrically opposed sides -- and there are -- I’d be the first to raise my hand, ask some female member of the audience to weave together a battle flag, some male member to get a lathe out and from a Cyprus tree hew me a pole to hold it on, hoist it up in the air, and lead you into battle. That is not the case. This is a bipartisan cabal. Both parties are equally guilty. Over the co….Continue
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