Lew Rockwell, president of the Ludwig von Mises Institute, discusses, the connection between central banking and the modern warfare state, the Fed’s responsibility for the current global financial crisis, their new power grabs in the name of fixing the problems they’ve created, who benefits, the status of the Ron Paul campaign and his predictions for future consequences of Fed policy.

MP3 here. (22:00)

Llewellyn H. Rockwell, Jr. is founder and president of the Ludwig von Mises Institute in Auburn, Alabama, editor of LewRockwell.com, and author of Speaking of Liberty.

Rep. Ron Paul M.D., congressman representing district 14 on the Texas gulf coast and champion of human liberty, discusses the relative powers of the president, congress and UN over U.S. foreign policy, his recent vote against a resolution condemning one side in the Israeli-Palestinian conflict, the counter-productive nature of American foreign policy in fighting al Qaeda terrorism and his upcoming “no” votes on warrantless wiretapping and immunity for the telecoms.

MP3 here. (10:04)

Dr. Ron Paul is a Republican member of Congress from Texas.