Richard Morrison and Cord Blomquist wish our listeners a Happy New Year (5769), while reporting on the latest in federal bailout proposals with our colleague and special guest Iain Murray. We then move on to jailed Egyptian journalists, the end of the HIV travel ban in the U.S., advances in private space exploration, the discovery of snow on Mars, and exciting Olympic news for female Malaysian weightlifters.
SPECIAL FEATURE: For those in the Washington, D.C. area, your LibertyWeek hosts encourage you to attend the American Film Renaissance Institute’s Film Festival, this October1-4th, the world’s first-ever film festival featuring movies with conservative and libertarian themes, now in its 5th year. The festival kicks off with the Washington premiere of Robert Davi’s directorial debut, The Dukes, a warm-hearted heist comedy starring Chazz Palminteri (Analyze This, The Usual Suspects) and Peter Bogdanovich (The Sopranos, The Last Picture Show). Other festival films include the Moving Picture Institute’s Do As I Say, about the hypocrisy of leading liberal icons from Michael Moore to Al Gore, and the much-anticipated comedy An American Carol, with an all-star cast featuring Kelsey Grammer, Jon Voight, Leslie Nielsen, Dennis Hopper and James Woods. Browse the full lineup of films, receptions, parties and events and purchase tickets here.
Also, don’t forget to purchase a copy of special guest Iain Murray’s new book The Really Inconvenient Truths: Seven Environmental Catastrophes Liberals Don’t Want You to Know About – Because They Helped Cause Them. Perfect for weddings, bar mitzvahs, confirmations, anniversaries and gift-giving occasions of all varieties. Now available at 34% off at Amazon.com and at fine booksellers nationwide.
November 8th, 2008 at 12:30 am
With the problems our country suffers today I think it’s difficult to find the answer for that question, the never-ending cycle of health problem, unemployment, poverty, terrorism, increasing standard of living of people, insufficient supply of food are just some of the current problem our economy is facing today, in an effort to minimize this the leading Democratic presidential candidate, who is firmly running on a platform that will inject increased government regulations into problem areas like the economy.
During these days, the economy is the major focus for almost all Americans. So many pundits are declaring that the Dow Jones is falling toward 8000 and forewarning consumers to “back out now.” People hear this fear-promoting assertion and quickly pull their money out of the market and limit their spending, thus everything begins to freeze. However, there are those who believe that we are in the recovery phase of a cyclical recessing, not a “massive contraction.” Economist Jeff Sachs of the Earth Institute at Columbia University and Dan Shaffer of Shaffer Asset Management points towards the light at the end of the tunnel on a recent video segment of a discussion on Fox Business Network. Sachs praises the Feds for taking on the critical problem of maintaining a good grasp on short-term money markets. Businesses would not be able to make payroll if those were to freeze. Moreover, it would become exceedingly difficult to obtain working capital. Shaffer digs into the numbers to offer the troubled an encouraging word. He evaluates America’s current recession through historical context, indentifying that there has been 14 distinct periods in American History since 1929 where indexes have fallen an average of 40 percent or more. The drop was more than 49 percent recently in 1973, and still the country survived. Nonetheless, there will be people investing in various industries. Huge entrepreneurs who have money to invest – people like Warren Buffet – will notice the wide open space with almost no competitors and dive in to invest while the price is right. What had been damaged is well on the way toward repair, so don’t pull out and hide! This is the only way we know to keep the system going for everyone. If you run into some short-term problems, understand that products like short term installment loans are an option for help. Let’s continue to stimulate our country’s economy.
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November 11th, 2008 at 2:58 am
When Obama preaches change he is not calling for a simple change from one administration to another. He is not merely saying that Washington is broken and needs change. His intended change is meant to change America, as we know it. Like it or not, America has spoken. And America says it's time for a change.
Roaring victory sounded off through-out the world as they announced America’s next Commander in Chief. Congratulations, Mr. Barack Obama on becoming the 44th President of the United States. Your endurance is beyond admirable as you have come to the end of your 22-month campaign, emerging with victory. If you thought the campaign was rough, wait until you actually dive into the issues that await you with the American economy. In actuality, your journey has just begun. You have proposed a number of different stimulus packages in recent weeks regarding the financial system and we all know our ailing economy must be stabilized. The two targets that will most likely score you points on both sides are your ideas about temporarily exempting the unemployed from having to pay tax on their unemployment benefits and temporarily exempting seniors from having to make annual withdrawals from their IRAs and 401Ks after age 70 ½. Yet, the largest issue should be keeping the bailout/credit repair that Bush started on track. You must stem the tide of real estate foreclosures and change the outlook of financial regulation, making it “more transparent.” At this point, Mr. President-Elect you already have a wide range of tough work cut out for you. Oh, but for those good old carefree campaign days….
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