Charles Goyette, former Antiwar Radio host and author of the upcoming new book Red and Blue and Broke All Over: Restoring America’s Free Economy, discusses why America’s economic and political problems can’t be solved until the red-blue paradigm is rejected; irreconcilable economic headlines where consumer spending is up while income drops – and nobody asks why; why the demand (Keynes) and supply-siders (Friedman) are two sides of the same government monetary intervention coin; a summary of the global debt crisis and European Financial Stability Facility (EFSF); the other PIIGS countries teetering on insolvency while Greek rescue plans founder; how “military Keynesianism” has bankrupted the US; the intertwined fates of US empire and the dollar; and why Americans prefer a stern father-figure for president, even one as clueless as Herman Cain.
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