Turning Hard Times Into Good Times

Guests: David Stockman, John Williams and Daniel McAdams. When Stockman headed Ronald Reagan’s OMB, he pushed publicly for significant budget cuts to ensure future solvency of America. A politically embarrassed Reagan took Stockman to the woodshed for a good beating. Trouble is, David was right. Fiscal irresponsibility by Stockman's boss and all Presidents since has led America to the brink of global insolvency. In fact, as economist John Williams will tell us, the BLS is misleading us by understating inflation and unemployment. That means a continued economic instability the need to discard your fraudulent dollars for honest money--gold. A major part of our insolvency stems from socialism for the rich and powerful military industrial complex that Pres. Eisenhower warned us about. To update us on this ongoing misuse of taxpayer money, Daniel McAdams of the Ron Paul Institute of Peace and Prosperity will be with me for his weekly update. Also, I will offer my Stock Pick of the week.