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.
MP3 here. (21:31)
Charles Goyette was a longtime award winning morning drive-time radio host from Phoenix, AZ. He is a libertarian commentator, who is noted for his outspoken anti-war views, his opposition to the war in Iraq, and his economic commentary. He is the author of the book The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments.