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Charles Goyette, former Antiwar Radio co-contributor and author of The Dollar Meltdown : Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments, discusses the grossly inadequate spending cut plans from Democrats and Republicans alike; how the narrow partisan debate on economic issues ignores the fact that both guns and butter are off the table; how the dollar is dying, squeezed from without and within; Congressional Republicans who won’t cut the Pentagon budget for fear of losing defense contracts in their districts; and why the University of Texas endowment fund’s decision to take physical delivery of its gold is a seminal event.

Podcast: Play in new window | Download (Duration: 21:32 — 4.9MB)