Radio broadcast on Sunday, May 16, 2010 from 1 PM to 3 PM EDT: Whether Obama-care proves to be constitutional or not (clearly, it isn’t), what will be its demise in any case is the fact that there is no money to pay for it.
Just as there are no real nutrients in a Twinkie, there is no money in the paper feverishly printed by the Federal Reserve. Nor is there in the Euro or the British Pound. The whole world has gone funny-money mad.
Is the disease of inflation idiopathic? Much like ACS oncologists and the environmental causes of cancer, Keynesians remain hopelessly clueless as to the cause of inflation. Just as homeopaths know the globality of cancer causes, those who study Austrian economics are clear as crystal as to the cause of this global economic catastrophe in which we currently live.
Obama reads his teleprompter and it says