Term for American geopolitical dominance
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Through the 1960s, the U.S. government waged a war on Black activism, and activism writ large. It was led by the FBI and its longtime director, J. Edgar Hoover.It was called COINTELPRO and was the FBI's counterintelligence program created to “expose, disrupt, misdirect, discredit, or otherwise neutralize” its targets.With the Trump administration's crackdown on the American left through law enforcement campaigns and new directives, it raises the question: is a version of the FBI's counterintelligence program back today? Beverly Gage, an historian and the author of G-Man: J. Edgar Hoover and the Making of the American Century, joins the show to talk about COINTELPRO, the man who made it possible, and the ways the program continues to loom over American life today.We'd love to hear from you! Complete our listener survey here.For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts.
It was a real pleasure to welcome Kathleen Kosmoski, Director of Workforce Development at the American Society of Mechanical Engineers (ASME), to Manufacturing an American Century. Kathleen leads national efforts to strengthen the engineering talent pipeline and is helping connect community colleges, manufacturers, and engineering societies in new ways to close the skills gap.Kathleen shares how ASME is engaging the next generation of engineers through its Community College Engineering Pathways and Mechanical Engineering Technology Apprenticeship programs, both designed to make engineering education more accessible and aligned with industry needs. She discusses how these initiatives are helping students enter the engineering profession as technicians and advance through hands-on learning and employer partnerships.We also talk about the unique role of professional societies in rebuilding America's manufacturing base, ASME's collaborations with other engineering associations, and Kathleen's vision for a more connected and inclusive technical workforce. Her experience leading workforce initiatives and her passion for solving complex challenges shine through as she describes how trust, local partnerships, and persistence are key to lasting impact. Thanks to Kathleen for joining us and for the incredible work she's doing to build the next generation of American engineers!
From AI breakthroughs and supply chains to TikTok and military might, China's rise has reshaped global power over the past few decades. Can the U.S. hold onto its superpower status, or is the “American Century” nearing its end? What will the world look like, if reshaped in China's image? All this and more on a VERY informative (and ultimately hopeful) edition of Timesuck. Merch and more: www.badmagicproductions.com Timesuck Discord! https://discord.gg/tqzH89vWant to join the Cult of the Curious PrivateFacebook Group? Go directly to Facebook and search for "Cult of the Curious" to locate whatever happens to be our most current page :)For all merch-related questions/problems: store@badmagicproductions.com (copy and paste)Please rate and subscribe on Apple Podcasts and elsewhere and follow the suck on social media!! @timesuckpodcast on IG and http://www.facebook.com/timesuckpodcastWanna become a Space Lizard? Click here: https://www.patreon.com/timesuckpodcast.Sign up through Patreon, and for $5 a month, you get access to the entire Secret Suck catalog (295 episodes) PLUS the entire catalog of Timesuck, AD FREE. You'll also get 20% off of all regular Timesuck merch PLUS access to exclusive Space Lizard merch. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human wellbeing, and create unimaginable wealth. This book also features a history of the Federal Reserve. Richard Duncan has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok, Thailand. He is now the publisher of Macro Watch, a video-newsletter that analyzes the forces driving the global economy in the 21st Century. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human wellbeing, and create unimaginable wealth. This book also features a history of the Federal Reserve. Richard Duncan has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok, Thailand. He is now the publisher of Macro Watch, a video-newsletter that analyzes the forces driving the global economy in the 21st Century. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human wellbeing, and create unimaginable wealth. This book also features a history of the Federal Reserve. Richard Duncan has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok, Thailand. He is now the publisher of Macro Watch, a video-newsletter that analyzes the forces driving the global economy in the 21st Century. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human wellbeing, and create unimaginable wealth. This book also features a history of the Federal Reserve. Richard Duncan has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok, Thailand. He is now the publisher of Macro Watch, a video-newsletter that analyzes the forces driving the global economy in the 21st Century. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/technology
Watch this episode on YouTube here.From China's stranglehold on critical minerals to the coming AI power crunch, energy is no longer a domestic policy issue — it's the front line of global power.To discuss how America's new National Energy Dominance Council is built to weaponize oil, gas, coal, and nuclear as tools of statecraft — and why abandoning them hands Beijing and Moscow the keys to the century — host Cliff May is joined by his FDD colleague, Rich Goldberg. Rich, a Navy intelligence officer turned senior National Security Council official, helped conceive and stand up the White House's new Energy Council.
Watch this episode on YouTube here.From China's stranglehold on critical minerals to the coming AI power crunch, an energy arms race is underway. Rich Goldberg, on loan from FDD to the White House, helped establish a new National Energy Dominance Council. He's now building a program at FDD that will focus on energy as a key component of national security. Rich, who has served as a Navy Intelligence Officer and National Security Council official, joins host Cliff May to discuss.
It was an absolute pleasure to welcome James Duncan, President of Connex Marketplace, and Alan Davis, President and CEO of i5 Services, to Manufacturing an American Century. Jim and Alan are two private-sector leaders who've rolled up their sleeves to tackle two of the biggest challenges facing small and midsize manufacturers today: access to capital and supply chain visibility. They describe how Connex is helping manufacturers find the capital they need, and share how their tools make it easier for business owners to understand their options. Alan gives us the big picture on how Connex Marketplace is reconnecting the U.S. industrial base, helping manufacturers find each other by capability – not just geography or keywords – in a way that connects them while safeguarding their competitive edge.We also discuss the trust they've established with manufacturers over more than a decade and why that trust is more important now than ever, given rising concerns about capital access, trade, and supply chain restructuring. Thanks to Alan and Jim for coming on the podcast!
This week, Emily Bazelon, John Dickerson, and David Plotz discuss how Trump is using the powerful machine of government prosecution to reverse-engineer crimes supposedly committed by enemies, his diatribe against Tylenol at the disastrous press conference on autism, and the echoes of past Red Scares in today's free speech climate with historian Beverly Gage, author of the Pulitzer Prize-winning G-Man: J. Edgar Hoover and the Making of the American Century. For this week's Slate Plus bonus episode, Emily, John, and David discuss the debate around Trump's new $100,000 fee for H-1B visa workers: will it score points or be an own goal for US jobs? In the latest Gabfest Reads, Emily talks with author and Yale professor Judith Resnik about her new book, Impermissible Punishments: How Prison Became a Problem for Democracy. They discuss the history of the prison system's use of punishments like whipping, how the practice came to an end, and more. Email your chatters, questions, and comments to gabfest@slate.com. (Messages may be referenced by name unless the writer stipulates otherwise.) Podcast production by Cheyna Roth Research by Emily Ditto You can find the full Political Gabfest show pages here. Want more Political Gabfest? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Political Gabfest show page on Apple Podcasts and Spotify. Or visit slate.com/gabfestplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Emily Bazelon, John Dickerson, and David Plotz discuss how Trump is using the powerful machine of government prosecution to reverse-engineer crimes supposedly committed by enemies, his diatribe against Tylenol at the disastrous press conference on autism, and the echoes of past Red Scares in today's free speech climate with historian Beverly Gage, author of the Pulitzer Prize-winning G-Man: J. Edgar Hoover and the Making of the American Century. For this week's Slate Plus bonus episode, Emily, John, and David discuss the debate around Trump's new $100,000 fee for H-1B visa workers: will it score points or be an own goal for US jobs? In the latest Gabfest Reads, Emily talks with author and Yale professor Judith Resnik about her new book, Impermissible Punishments: How Prison Became a Problem for Democracy. They discuss the history of the prison system's use of punishments like whipping, how the practice came to an end, and more. Email your chatters, questions, and comments to gabfest@slate.com. (Messages may be referenced by name unless the writer stipulates otherwise.) Podcast production by Cheyna Roth Research by Emily Ditto You can find the full Political Gabfest show pages here. Want more Political Gabfest? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Political Gabfest show page on Apple Podcasts and Spotify. Or visit slate.com/gabfestplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Emily Bazelon, John Dickerson, and David Plotz discuss how Trump is using the powerful machine of government prosecution to reverse-engineer crimes supposedly committed by enemies, his diatribe against Tylenol at the disastrous press conference on autism, and the echoes of past Red Scares in today's free speech climate with historian Beverly Gage, author of the Pulitzer Prize-winning G-Man: J. Edgar Hoover and the Making of the American Century. For this week's Slate Plus bonus episode, Emily, John, and David discuss the debate around Trump's new $100,000 fee for H-1B visa workers: will it score points or be an own goal for US jobs? In the latest Gabfest Reads, Emily talks with author and Yale professor Judith Resnik about her new book, Impermissible Punishments: How Prison Became a Problem for Democracy. They discuss the history of the prison system's use of punishments like whipping, how the practice came to an end, and more. Email your chatters, questions, and comments to gabfest@slate.com. (Messages may be referenced by name unless the writer stipulates otherwise.) Podcast production by Cheyna Roth Research by Emily Ditto You can find the full Political Gabfest show pages here. Want more Political Gabfest? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Political Gabfest show page on Apple Podcasts and Spotify. Or visit slate.com/gabfestplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Manufacturing in the American Century, we're joined by Ivan Rosenberg. Ivan's had a long career as an engineer and as a management consultant for aerospace and defense manufacturers. In this new chapter of his leadership and discussed in this episode, Ivan is the founder of the Uniquely Abled Project, an initiative that connects and trains people with autism and other “unique abilities” for skilled jobs in advanced manufacturing.Ivan's entry into this work is personal. As a father of two children on the autism spectrum, he saw firsthand the barriers they would face trying to enter the workforce. At the same time, he was working with manufacturers struggling to fill open jobs. That tension between labor demands and overlooked talent led him to a simple question: why aren't we connecting these dots more effectively?The Uniquely Abled Project is built on the idea that cognitive disabilities don't mean unemployability. In fact, many people with autism have strengths, such as attention to detail, comfort with repetition, and process thinking, that are a great match for family-sustaining roles in advanced manufacturing like CNC machining. Ivan walks us through how the program works, the importance of changing both language and assumptions, and what it takes to build effective cross-sector partnerships around this work.We also talk about mindset; how employers, parents, and institutions often limit what's possible by framing disability in terms of deficits rather than abilities. Ivan offers a practical, clear-eyed approach to making this shift, and in doing so unlocking the opportunity for so many more individuals to have meaningful roles in meaningful work. Way to go, Ivan! UAP is looking to expand. If you are engaged in your region's workforce ecosystem be sure to reach out to us or Ivan directly to see how to start an Uniquely Abled Academy in your area!Links to Learn More:Find Ivan on Linkedin.Learn more about the Uniquely Abled ProjectFind UAP on Linkedin, Instagram, and FacebookFollow AMCC on Linkedin.Find Matt on Linkedin.Visit our website.AMCC's podcast is made possible in part by the expertise of Mike McAllen, founder of Podcasting4Associations. Are you part of an association also looking to produce a podcast? Let us get you in touch with Mike.Thank you to the Economic Development Administration for their partnership in producing this podcast. This podcast was prepared in part using Federal funds under award 3070145 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Keith discusses the potential takeover of the Federal Reserve by President Trump, highlighting the macroeconomic implications. Economist, author and publisher of Macro Watch, Richard Duncan, joins the show and explains that central bank independence is crucial to prevent political influence on monetary policy, which could lead to excessive money supply and inflation. Trump's policies, including tariffs and spending bills, are inflationary, necessitating lower interest rates. Resources: Subscribe to Macro Watch at RichardDuncanEconomics.com and use promo code GRE for a 50% discount. Gain access to over 100 hours of macroeconomic video archives and new biweekly insights into the global economy. Show Notes: GetRichEducation.com/571 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, the President has a plan to completely take over the Fed, a body that historically stays independent of outside influence. Learn the fascinating architecture of the planned fed seizure and how it's expected to unleash a wealth Bonanza and $1 crash with a brilliant macroeconomist today, it'll shape inflation in interest rates in the future world that you'll live in today. On get rich education. Speaker 1 0:33 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:21 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Speaker 1 1:31 Welcome to GRE from Fairfax, Virginia to Fairfield, California, and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education. The Federal Open Market Committee is the most powerful financial institution, not only in the nation, but in the entire world, and when an outside force wants to wrestle it and take it down. The change that it could unleash is almost incredible. It's unprecedented. The President wants full control. Once he has it, he could then slash interest rates, order unlimited money creation, and even peg government bond yields wherever he wishes, and this could drive wealth to extraordinary new highs, but this also carries enormous risks for the dollar and inflation and overall financial stability. And I mean, come on now, whether you like him or not, is Trump more enamored of power than Emperor Palpatine in Star Wars or what this is fascinating. Today's guest is going to describe the architecture of the takeover the grand plan. Our guest is a proven expert on seeing what will happen next in macroeconomics. He's rather pioneering in AI as well. But today, this all has so much to do with the future of inflation and interest rates. We're going to get into the details of how, step by step, Trump plans to infiltrate and make a Fed takeover. Keith Weinhold 3:23 I'd like to welcome back one of the more recurrent guests in GRE history, because he's one of the world's most prominent macroeconomists, and he was this show's first ever guest back in 2014 he's worked with the World Bank and as a consultant to the IMF. He's contributed a lot on CNBC, CNN and Bloomberg Television. He's a prolific author. His books have been taught at Harvard and Columbia, and more recently, he's been a guest speaker at a White House Ways and Means Committee policy dinner in DC. So people at the highest levels lean on his macroeconomic expertise. Hey, welcome back to GRE joining us from Thailand as usual. It's Richard Duncan Richard Duncan 4:03 Keith, thank you for that very nice introduction. It's great to see you again. Keith Weinhold 4:08 Oh, it's so good to have you back. Because you know what, Richard, what caught my attention and why I invited you back to the show earlier than usual is about something that you published on macro watch, and it's titled, Trump's conquest of the Fed will unleash a wealth Bonanza, $1 crash and state directed capitalism. I kind of think of state directed and capitalism as two different things, so there's a few bits to unpack here, and maybe the best way is to start with the importance of the separation of powers. Tell us why the Fed needs to maintain independence from any influence of the president. Richard Duncan 4:44 Central banks have gained independence over the years because it was realized that if they didn't have independence, then they would do whatever the president or prime minister told them to do to help him get reelected, and that would tend to lead to excessive money supply. Growth and interest rates that were far too low for the economic environment, and that would create an economic boom that would help that President or politician get reelected, but then ultimately in a bust and a systemic financial sector crisis. So it's generally believed that central bank independence is much better for the economy than political control of the central bank. Speaker 1 5:24 Otherwise we would just fall into a president's short term interests. Every president would want rates essentially at zero, and maybe this wouldn't catch up with people until the next person's in office. Richard Duncan 5:35 That's right. He sort of wants to be Fed Chair Trump. That's right, president and Fed Chairman Trump on the horizon. It looks like won't be long, Now. Speaker 1 5:45 that's right. In fact, even on last week's episode, I was talking about how Trump wants inflation, he won't come out and explicitly say that, of course, but when you look at the majority of his policies, they're inflationary. I mean, you've got tariffs, you've got deportations, this reshaping of the Fed that we're talking about the hundreds of billions of dollars in spending in the one big, beautiful Bill act. It is overwhelmingly inflationary. Richard Duncan 6:12 It is inflationary. And he may want many of those things that you just mentioned, but what he doesn't want is what goes along with high rates of inflation, and that is high interest rates, right? If interest rates go up in line with inflation, as they normally do in a left to market forces, then we would have significantly higher rates of inflation. There would also be significantly higher rates of interest on the 10 year government bond yield, for instance. And that is what he does not want, because that would be extremely harmful for the economy and for asset prices, and that's why taking over the Federal Reserve is so important for him, his policies are going to be inflationary. That would tend to cause market determined interest rates to go higher, and in fact, that would also persuade the Fed that they needed to increase the short term interest rates, the federal funds rate, if we start to see a significant pickup in inflation, then, rather than cutting rates going forward, then they're more likely to start increasing the federal funds rate. And the bond investors are not going to buy 10 year government bonds at a yield of 4% if the inflation rate is 5% they're going to demand something more like a yield of 7% so that's why it's so urgent for the President Trump to take over the Fed. That's what he's in the process of doing. Once he takes over the Fed, then he can demand that they slash the federal funds rate to whatever level he desires. And even if the 10 year bond yield does begin to spike up as inflation starts to rise, then the President can instruct, can command the Fed to launch a new round of quantitative easing and buy up as many 10 year government bonds as necessary, to push up their price and to drive down their yields to very low levels, even if there is high rate of inflation. Keith Weinhold 7:58 a president's pressure to Lower short term rates, which is what the Fed controls, could increase long term rates like you're saying, it could backfire on Trump because of more inflation expectations in the bond market. Richard Duncan 8:12 That's right. President Trump is on record as saying he thinks that the federal funds rate is currently 4.33% he said it's 300 basis points too high. Adjusting would be 1.33% if they slash the short term interest rates like that. That would be certain to set off a very strong economic boom in the US, which would also be very certain to create very high rates of inflation, particularly since we have millions of people being deported and a labor shortage at the moment, and the unemployment rate's already very low at just 4.2% so yes, slashing short term interest rates that radically the federal funds rate that radically would be certain to drive up the 10 year government bond yield. That's why President Trump needs to gain control over the Fed so that he can make the Fed launch a new round of quantitative easing. If you create a couple of trillion dollars and start buying a couple of trillion dollars of government bonds, guess what? Their price goes up. And when the price of a bond goes up, the yield on that bond goes down, and that drives down what typically are considered market determined interest rates, but in this case, they would be fed determined interest rates Trump determined interest rates. Speaker 1 9:28 Inflationary, inflationary, inflationary, and whenever we see massive cuts to the Fed funds rate that typically correlates with a big loss in quality of life, standard of living, and items of big concern. If we look at the last three times that rates have been cut substantially, they have been for the reasons of getting us out of the two thousand.com bubble, then getting us out of the 2000 day global financial crisis, then getting us out of covid in 2020, I mean, massive rate cuts are. Are typically a crisis response Richard Duncan 10:02 yes, but if we look back, starting in the early 1980s interest rates have have trended down decade after decade right up until the time covid hit. In fact, the inflation rate was below the Fed's 2% inflation target most of the time between 2008 the crisis of 2008 and when covid started, the Fed was more worried about deflation than inflation during those years, and the inflation rate trended down. And so the interest rates tended to trend down as well, and we're at quite low levels. Of course, back in the early 1980s we had double digit inflation and double digit interest rates, but gradually, because of globalization, allowing the United States to buy more and more goods from other countries with ultra low wages, like China and now Vietnam and India and Bangladesh, buying goods from other countries with low wages that drove down the price of goods in the United States, causing goods disinflation, and that drove down the interest rates. That drove down the inflation rate. And because the inflation rate fell, then interest rates could fall also, and that's why the interest rates were trending down for so long, up until the time covid hit, and why they would have trended down again in the absence of this new tariff regime that President Trump has put into place. Now, this is creating a completely different economic environment. President Trump truly is trying to radically restructure the US economy. There is a plan for this. The plan was spelled out in a paper by the man who is now the Chairman of the Council of Economic Advisors. His name is Steven Moran, and the paper was called a user's guide to restructuring the global trading system. It was published in November last year, and it very clearly spelled out almost everything President Trump has done since then in terms of economic policy. It was truly a blueprint for what he has done since then, and this paper spelled out a three step plan with two objectives. Here are the three steps. Step one was to impose very high tariffs on all of the United States trading partners. Step two was then to threaten all of our allies that we would no longer protect them militarily if they dared to retaliate against our high tariffs. And then the third step was to convene a Mar a Lago accord at which these terrified trading partners would agree to a sharp devaluation of the dollar and would also agree to put up their own trade tariffs against China in order to isolate China. And the two objectives of this policy, they were to re industrialize the United States and to stop China's economic growth so that China would be less of a military threat to the United States, which it is currently and increasingly with each passing month. So so far, steps one and two have been carried out very high tariffs on every trading partner, and also threats that if there's any retaliation, that we won't protect you militarily any longer. And also pressure on other countries to put high tariffs against China. The idea is to isolate China between behind a global tariff wall and to stop China's economic growth. So you can see that is what President Trump has been doing. And also in this paper, Stephen Marin also suggested that it would be very helpful if the Fed would cooperate to hold down 10 year government bond yield in this environment, which would naturally tend to push the bond yields higher. So that paper really did spell out what President Trump has done since then. Keith Weinhold 13:59 This is fascinating about this paper. I didn't know about this previously, so this is all planned from tariffs to a Fed takeover. Richard Duncan 14:08 That's right, the idea is to re industrialize the United States. That's what President Trump has been saying for years. Make America Great Again. And it's certainly true that America does need to have the industrial capacity to make steel and ships and pharmaceutical products and many other things in his own national self defense. But there's a problem with this strategy since the breakdown of the Bretton Woods system, and we've talked about this before, so I will do this fast forwarding a bit when the Bretton Woods system broke down up until then it broke down in 1971 before then, trade between countries had to balance. So it wasn't possible for the United States to buy extraordinarily large amounts of goods from low wage countries back then, this thing that's caused the disinflation over the last four decades, trade had to balance because on the Bretton Woods system, if we had a big trade deficit. Deficit, we had to pay for that deficit with gold. US gold, and gold was money. So if we had a big trade deficit and had to pay out all of our gold other countries to finance that deficit, we would run out of gold. Run out of money. The economy would hit a crisis, and that just couldn't continue. We'd stop buying things from other countries. So there was an automatic adjustment mechanism under the Bretton Woods System, or under the classical gold standard itself that prevented trade deficits. But once Bretton Woods broke down in 1971 It didn't take us too long to figure out that it could buy extraordinarily large amounts of things from other countries, and it didn't have to pay with gold anymore. It could just pay with US dollars, or more technically, with Treasury bonds denominated in US dollars. So the US started running massive trade deficits. The deficits went from zero to $800 billion in 2006 and now most recently, the current account deficit was $1.2 trillion last year. So the total US current account deficit since the early 1980s has been $17 trillion this has created a global economic boom of unprecedented proportions and pulled hundreds of millions of people around the world out of poverty. China is a superpower now, because of its massive trade surplus with the US, completely transformed China. So the trade surplus countries in Asia all benefited. I've watched that firsthand, since I've spent most of my career living in Asia, but the United States also benefited, because by buying things from low wage countries that drove down the price of goods, that drove down inflation, that made low interest rates possible, that made it easier for the US to finance its big budget deficits at low interest rates, and so with Low interest rates, the government could spend more and stimulate the economy. Also with very low interest rates, stock prices could go higher and home prices could go higher. This created a very big economic boom in the United States as well. Not only did the trade surplus, countries benefit by selling more to the US, but the US itself benefited by this big wealth boom that has resulted from this arrangement. Now the problem with President Trump's plan to restructure the US economy is that he wants to bring this trade deficit back down essentially to zero, ideally, it seems. But if he does that, then that's going to cut off the source of credit that's been blowing this bubble ever larger year after year since the early 1980s and we have such a big global credit bubble that if this source of credit has been making the bubble inflate, the trade deficit, if that were to significantly become significantly lower, then this credit that's been blowing up, the bubble would stop, and the bubble would implode, potentially creating very severe, systemic financial sector crisis around the world on a much, probably a much larger scale than we saw in 2008 and leading to a new Great Depression. One thing to think about is the trade deficit is similar to the current account deficit. So the current account deficit is the mirror image of capital inflows into the United States. Every country's balance of payments has to balance. So last year, the US current account deficit was $1.2 trillion that threw off $1.2 trillion into the global economy benefiting the trade surplus countries. But those countries received dollars, and once they had that 1.2 trillion new dollars last year, they had to invest those dollars back into us, dollar denominated assets of one kind or another, like government bonds or like US stocks, and that's what they did. The current account deficit is the mirror image of capital inflows into the United States. Last year was $1.2 trillion of capital inflows. Now if you eliminate the current account deficit by having very high trade tariffs and bringing trade back into balance, you also eliminate the capital inflows into the United States, and if we have $1.2 trillion less money coming into the United States a year or two from now, that's going to make it much more difficult to finance the government's very large budget deficits. The budget deficits are expected to grow from something like $2 trillion now to $2.5 trillion 10 years from now, and that's assuming a lot of tariff revenue from the tariffs, budget deficit would be much larger still. So we need the capital inflows from these other countries to finance the US budget deficit, the government's budget deficit. If the trade deficit goes away, the capital inflows will go away also, and with less foreign buying of government us, government bonds, then the price of those bonds will fall and the yield on those bonds will go up. In other words, if there are fewer buyers for the bonds, the price of the bonds will go down and the yield on the bonds will go up. In other words, long term interest rates will go up, and that will be very bad for the US Economy Speaker 2 14:08 the yields on those 10 year notes have to go up in order to attract investors. Mortgage rates and everything else are tied to those yields. Richard Duncan 19:36 That's right. And cap rates. When people consider investing in tech stocks, they consider they'll buy fewer stocks if the interest rates are higher. So this is why it's so important for President Trump to conquer the Fed, to take over the Fed. That's what he's doing. Technically, he's very close to accomplishing that. Shall we discuss the details? Speaker 1 20:29 Yes, we should get more into this fed takeover, just what it means for the future of real estate markets and stock markets. With Richard Duncan, more, we come back. I'm your host, Keith Weinhold Keith Weinhold 20:41 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Chaley Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. 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Text family. 266, 866, Dani-Lynn Robison 22:24 you is freedom family investments co founder, Danny Lynn Robinson, listen to get rich education with Keith Weinhold, and don't quit your Daydream. Speaker 1 22:31 Welcome back to get Education. I'm your host. Keith Weinhold, we're talking with macroeconomist Richard Duncan about a Fed takeover. I think the President wants to be Fed Chair Trump, Richard. Talk to us more about this, because this is really part of a grand plan. Richard Duncan 22:57 So the Federal Reserve is in charge of monetary policy. That means it sets the interest rates on the federal funds rate, the short term interest rates, and it also has the power to create money through quantitative easing or to destroy money through quantitative tightening. So the Fed is in charge of monetary policy. The Fed makes its decisions at its it meets eight times a year, the Federal Open Market Committee, the FOMC, meets eight times a year, and they take votes. They discuss what's going on in the economy. They make a decision about what they should do about interest rates, and in some cases, decisions about creating or destroying money through quantitative easing or quantitative tightening. They take a vote. The structure of the Federal Reserve System is as follows. There are seven members of the Federal Reserve Board of Governors, so there are seven fed governors there. The Federal Reserve Board is in based in Washington, DC. In addition to that, there are 12 Federal Reserve banks around the country, like the Federal Reserve Bank of St Louis, for instance, or the Federal Reserve Bank of Kansas, the Federal Reserve Bank of New York. Each of these Federal Reserve Banks have a president, so there are 12 Federal Reserve Bank presidents now at the FOMC meetings where interest rates are decided, all seven fed governors get a vote, but only five Federal Reserve Bank presidents get to vote, and they rotate their votes every year they the following year are different. Five fed presidents get to vote. The Federal Reserve Bank president of New York always gets the vote because New York is such an important financial center, but the other four other presidents keep rotating year after year, and the presidents, 12 presidents, serve five year terms, and they can be reappointed, and their terms expire all at the same time, all on the same day, all of their terms will expire next year on February 28 and they will perhaps be reappointed and perhaps. Be reappointed. So that's the structure, seven Federal Reserve Bank governors and 12 Federal Reserve Bank presidents. All the governors. All seven get to vote at every FOMC meeting, but only five of the Presidents get to vote. So that's a total of 12. The Governors of the Federal Reserve System are the most important the seven. Those seven include the Chairman, Chairman Powell, and this is why they're the most important. They're important because if four of the seven have the power to fire all of the Federal Reserve Bank presidents, if four fed governors vote together, they can fire all 12 Federal Reserve Bank presidents. It only takes four. Only takes four. Then those Federal Reserve Bank presidents would have to be replaced, but the Federal Reserve Board of Governors has to approve the replacements. So if President Trump has four fed governors who will do what he tells them to do, then they can fire all the Federal Reserve Bank presidents and only replace them with other people who will do what President Trump tells them to do. Gosh. So what this means is, if the president can get four Federal Reserve Bank governors out of seven, then he has absolute control over monetary policy. He can do anything he wants with interest rates. He can do anything he wants with quantitative easing. So how many does he have now? Well, he has two that he's appointed, Christopher Waller and Michelle Bowman. They voted to cut interest rates at the last FOMC meeting. That was a dissenting vote, because the rest of the voting members voted to hold interest rates steady. Those two have already voted with the President, so they're on Team Trump, and they're going to stay on Team Trump, because both of them would like to become Fed Chairman when Jerome Powell term expires in May next year, very suddenly and very unexpectedly. A month or so ago, another fed Governor resigned. Her name is Adriana Coogler. Her term was not due to expire for another six months, and she'd not given any indication that she was going to resign early, but she did this now gives the President can nominate the Federal Reserve Bank governors. So he is nominated Stephen Moran, the one who wrote the paper the grand plan. Grand plan. He's nominated him to replace Adriana Coogler, yeah, and he's going to vote on him on his appointment, perhaps within very soon, and it only takes 51 senators to vote him in. And since the Republicans control the Senate, he will be approved, it seems very likely that he will be approved, and that will give President Trump the third vote on the FOMC. He will have three out of the seven governors. He only needs one more, and this is where at least the cook comes in. So on the 26th of August, I think President Trump announced that he was firing Lisa Cook, a Fed governor, because she allegedly had made misleading statements on some mortgage applications that have not been proven yet, that they are alleged. So he says that he has fired her. She has said he does not have the right to fire her. The legal cases that the President does have the right to fire a Federal Reserve Bank Governor, but only for cause. And so there's a real question whether this qualifies as being for cause or not, especially since it's only alleged at this point, but assuming that he does get control. So if he does succeed in firing her, he will be able to appoint her replacement, and that will give him four members, four governors out of the seven. And as we just discussed, with four out of seven, he will have complete control over monetary policy, because with four out of seven, that would give him the power to command those four to vote to fire all 12 presidents of the Federal Reserve Banks, and then to appoint new presidents of the Federal Reserve Banks who would vote along with whatever President Trump tells them to vote for. So in that case, with four fed governors, he would have those Four Plus he would have the five presidents that he would appoint from the Federal Reserve Banks voting for him. So five plus four, that is nine, nine out of 12 voting members on the Federal Open Market Committee. He would be guaranteed nine out of 12 votes on the FOMC, and that would give him complete control over monetary policy, and that's what he needs, because his policies are inflationary. They're going to drive up inflation. They're and that's going to push up the 10 year government bond yield, and it would normally make the Fed also increase the federal funds rate, because higher inflation should the Fed in. Increase the interest rates to cool down the higher inflation. But now that's not going to happen, because he is going to take over the FOMC one way or the other. Just by firing Lisa Cook, he's sending a very clear message to all the other fed governors and to the 12 existing Federal Reserve Bank presidents, you do what I tell you or you may be investigated too. You're next, one way or the other, the President is going to get what the President wants, and what he wants is control over monetary policy, and what that means is much lower short term interest rates and probably another very big round of quantitative easing to hold down long term interest rates as well. Keith Weinhold 30:41 That was an amazing architecture and plan that you laid out for how a President can take over the Federal Open Market Committee. That was amazing to think about that, and what we believe he wants you talked about it is potentially quantitative easing, which is a genteel way of saying dollar printing. Is it lowering the Fed funds rate down to, I think 1% is what he desired, and we're currently at about 4.3% Richard Duncan 31:08 that's right. He said he'd like to see the federal funds rate 300 basis points lower, which would put 1.3% we could see a series of very sharp interest rate cuts by the Fed in the upcoming FOMC meetings, so we could see the short term interest rates falling very quickly, but as we discussed a little bit earlier, that would alarm the bond market and investors, because they would realize that much lower interest rates would lead to much higher rates of inflation by overstimulating the economy. And so the 10 year bond yields will move higher for fear of inflation, and that will then force President Trump to command the Fed, to create money through quantitative easing on a potentially trillion dollar scale, and start buying up government bonds to push up their price and drive down their yields, so that the 10 year bond yields and the 30 year bond yields will fall. And since mortgage rates are pegged to the government bond yields mortgage rates will fall, and credit card rates will fall, and bank lending rates will fall, and this will kick off an extraordinary economic boom in the US, and also drive asset prices very much higher and create a wealth Bonanza, Keith Weinhold 32:15 right? And here, Richard and I are talking interestingly, just two days before the next Fed decision is rendered, therefore, with eminent cuts, we could very well see soaring stock and real estate markets fueled by this cheap credit and this quantitative easing, at least in the shorter term. Richard Duncan 32:36 But timing is something one must always keep in mind, there is a danger that we could actually see a sell off in the stock market in the near term. If we start seeing the Fed slashing interest rates, then the 10 year bond yields will start moving higher. That would ultimately lead to quantitative easing to drive those yields back down. But when the falling short term interest rates start pushing up interest rates on the 10 year government bond yield because investors expect higher rates of inflation, that could spook the stock market. The stock market's very expensive, so before QE kicks in, there could actually be a period where raising expectations for higher rates of inflation drive the 10 year bond yields higher before the Fed can step in and drive them back down again. We could actually see a sell off in the stock market before we get this wealth boom that will ultimately result when the Fed cuts the short term rates and then quantitative easing also drives down the long term rates. I hope that's not too confusing. There could be a intermediate phase, where bond yields move higher, and that causes the stock market to have a significant stumble. But that wouldn't last long, because then President Trump would command the Fed to do quantitative easing, and as soon as the president says on television that he's going to do quantitative easing, between the moment he says quantitative and the moment he says easing, the stock market is going to rocket higher. Keith Weinhold 34:05 And here we are at a time where many feel the stock market is overvalued. Mortgage rates have been elevated, but they're actually still a little below their historic norms. The rate of inflation hasn't been down at the Fed's 2% target in years, it's been above them, and we've got signs that the labor market is softening. Richard Duncan 34:25 That's true. The labor market numbers in the most recent job number were quite disappointing, with the revisions to earlier months significantly lower. But of course, with so many people being deported from the United States now, that's contributing to this lower job growth numbers. If you have fewer people, there are fewer people to hire and add to job creation, so that may have some distorting impact on the low job creation numbers. The economy actually is seems to be relatively strong the the. Latest GDP now forecast that the Atlanta Fed does is suggesting that the economy could grow by three and a half percent this quarter, which is very strong. So the economy is not falling off a cliff by any means. If the scenario plays out, as I've discussed, and ultimately we do get another round of quantitative easing and the Fed cuts short term interest rates very aggressively. That will create a very big economic boom with interest rates very low. That will push up real estate prices, stock prices and gold prices and Bitcoin prices and the price of everything except $1 the dollar will crash because currency values are determined by interest rate differentials. Right now, the 10 year government bond yield is higher than the bond yields in Europe or Japan, and if you suddenly cut the US interest rates by 100 basis points, 200 basis points, 300 basis points, and the bond yields go down very sharply, then it'll be much less attractive for anyone to hold dollars relative to other currencies, and so there will be a big sell off of the dollar. And also, if you create another big round of quantitative easing and create trillions of dollars that way, then the more money you create, the less value the dollar has supply and demand. If you have trillions of extra new dollars, then the value of the dollar loses value. So the dollar is likely to take a significant tumble from here against other currencies and against hard assets. Gold, for instance, that's why we've seen such an extraordinary surge in gold prices. Speaker 1 36:38 right? Gold prices soared above three $500 and Richard I'm just saying what I'm thinking. It's remarkable that Trump continues to be surrounded by sycophants that just act obsequiously toward him and want to stay in line and do whatever he says. And I haven't seen anyone breaking that pattern. Richard Duncan 36:59 I'm not going to comment on that observation, but what I would like to say is that if this scenario does play out, and it does seem that we're moving in that direction, then this big economic boom is very likely to ultimately lead to the big economic bust. Every big boom leads to a big bust, right? Big credit booms lower interest rates, much more borrowing by households, individuals, companies. It would while the borrowing is going on, the consumption grows and the investment grows, but sooner or later, it hits the point where even with very low interest rates, the consumers wouldn't be able to repay their loans, like we saw in 2008 businesses wouldn't be able to repay their loans, and they would begin defaulting, as they did in 2008 and at that point, everything goes into reverse, and the banks begin to fail when they don't receive their loan repayments. And it leads to a systemic financial sector crisis. The banks lend less when credit starts to contract, then the economy collapses into a very serious recession, or even worse, unless the government intervenes again. So big boom that will last for a few years, followed by a big bust. That's the most probable outcome, but I do see one other possibility of how that outcome could be avoided, on the optimistic side, and this is it. If once President Trump slash Fed Chairman Trump has complete control over US monetary policy, then it won't take him long to realize Stephen Moran has probably already told him that he would then be able to use the Fed to fund his us, sovereign wealth fund. You will remember, back in February, President Trump signed an executive order creating a US sovereign wealth fund. And this was music to my ears, because for years, as you well know, I've been advocating for the US government to finance a multi trillion dollar 10 year investment in the industries and technologies of the future Keith Weinhold 39:01 including on this show, you laid that out for us a few years ago and made your case for that here, and then Trump made it happen. Richard Duncan 39:08 Let's try my book from 2022 it was called the money revolution. How to finance the next American century? Well, how to finance the next American Century is to have the US, government finance, a very large investment in new industries and new technologies in things like artificial intelligence, quantum computing, nanotechnology, genetic engineering, biotech, robotics, clean energy and fusion, create fusion and everything, world where energy is free, ultimate abundance. So I was very happy that President Trump created this US sovereign wealth fund. Now that he will soon have complete control over his US monetary policy, he will understand that he can use the Fed to fund this, US sovereign wealth fund. He can have the Fed create money through quantitative easing and. And start investing in fusion. We can speed up the creation of the invention of low cost fusion. We could do that in a relatively small number of years, instead of perhaps a decade or longer, as things are going now, we could ensure that the United States wins the AI arms race that we are in with China. Whoever develops super intelligence first is probably going to conquer the world. We know what the world looks like when the United States is the sole superpower. We've been living in that world for 80 years. Yeah, we don't know what the world would look like if it's conquered by China. And China is the control super intelligence and becomes magnitudes greater in terms of their capacity across everything imaginable than the United States is whoever wins the AI arms race will rule the world. This sort of investment through a US sovereign wealth fund would ensure that the winner is the US and on atop it, so it would shore up US national security and large scale investments in these new technologies would also turbocharge US economic growth and hopefully allow us to avoid the bust that is likely to ultimately occur following The approaching boom, and keep the economy growing long into the future, rather than just having a short term boom and bust, a large scale investment in the industries of the future could create a technological revolution that would generate very rapid growth in productivity, very rapid economic growth, shore up US national security, and result in technological miracles and medical breakthroughs, possibly curing all the diseases, cure cancer, cure Alzheimer's, extend life expectancy by decades, healthy life expectancy. So that is a very optimistic outcome that could result from President Trump becoming Fed Chairman Trump and gaining complete control over monetary policy. And this is all part of the plan of making America great again. If he really followed through on this, then he certainly would be able to restructure the US economy, re industrialize it, create a technological revolution that ensured us supremacy for the next century. That's how to finance the next American century. Speaker 1 42:23 Oh, well, Richard, I like what you're leaving us with here. You're giving us some light, and you're talking about real productivity gains that really drives an economy and progress and an increased standard of living over the long term. But yes, in the nearer term, this fed takeover, there could be some pain and a whole lot of questions in getting there. Richard, your macro watch piece that caught my attention is so interesting to a lot of people. How can more people learn about that and connect with you and the great work you do on macro watch, which is your video newsletter Richard Duncan 43:00 Thanks, Keith. So it's really been completely obvious that President Trump was very likely to try to take over the Fed. Nine months ago, I made a macro watch video in December called Will Trump in the Fed, spelling out various ways he could take over the Fed, and why he probably would find it necessary to do so. So what macro watch is is it describes how the economy really works in the 21st Century. It doesn't work the way it did when gold was money. We're in a completely different environment now, where the government is directing the economy and the Fed, or seeing the President has the power to create limitless amounts of money, and this changes the way everything works, and so that's what macro watch explains. It's a video newsletter. Every couple of weeks, I upload a new video discussing something important happening in the global economy and how that's likely to impact asset prices, stocks, bonds, commodities, currencies and wealth in general. So if your listeners are interested, I'd encourage them to visit my website, which is Richard Duncan economics.com that's Richard Duncan economics.com and if they'd like to subscribe, hit the subscribe button. And for I'd like to offer them a 50% subscription discount. If they use the discount coupon code, G, R, E, thank you, GRE, they can subscribe at half price. I think they'll find that very affordable. And they will get a new video every couple of weeks from me, and they will have immediate access to the macro watch archives, which have more than 100 hours of videos. Macro watch was founded by me 12 years ago, and I intend to keep doing this, hopefully far into the future. So I hope your listeners will check that out. Keith Weinhold 44:46 Well, thanks, both here on the show and on macro watch Richard gives you the type of insight that's hard to find anywhere else, and you learn it through him oftentimes before it makes the headlines down the road. So. Richard, this whole concept of a Fed takeover is just unprecedented, as far as I know, and it's been so interesting to talk about it. Thanks for coming back onto the show. Richard Duncan 45:08 Thank you, Keith. I look forward to the next time. Speaker 1 45:17 Yeah, fascinating stuff from Richard in the nearer term, we could then see interest rate cuts that would go along with cuts to mortgages and credit card rates and car loan rates and all kinds of bank lending rates. This could pump up the value of real estate, stocks, Bitcoin, gold, nearly everything a wealth bonanza. Now, in polls, most Americans think that the Fed should stay independent from outside control. You really heard about how the President is dismantling the safeguards that protect that fed independence, the strategy he's using to bend the Federal Open Market Committee to His will. And this is not speculation, because, as you can tell, the takeover of the Fed is already underway. A fed governor has been fired. New loyalists are being installed, and key votes are lining up in the President's favor. But as far as the longer term, you've got to ask yourself, if these policies will inflate a giant bubble destined to burst down the road. I mean triggering a crisis as bad as 2008 I mean, these are the very questions that every investor should be asking right now, if you find this in similar content fascinating, and you want to stay on top of what is forward looking what's coming next macroeconomically, check out Richard Duncan's macro watch at Richard Duncan economics.com for our listeners, he's long offered the discount code for a 50% discount that code is GRE, that's Richard Duncan economics.com and the discount code GRE next week here on the show, we're bringing it back closer to home with key us, real estate investing strategies and insights, a lot of ways to increase your income. Until then, I'm your host. Keith Weinhold, don't quit you Daydream. Speaker 3 47:20 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Speaker 1 47:40 You You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point, because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre 266, 866, while it's on your mind, take a moment to do it right now. Text gre to 66866, Keith Weinhold 48:59 The preceding program was brought to you by your home for wealth, building, get richeducation.com you.
A seismic shift in US global strategy appears to be confirmed. In this explosive episode, we dissect the leaked draft of the Pentagon's latest National Defense Strategy, which signals a historic reversal of decades of American foreign policy.We delve into the news that the US is formally de-prioritizing the "deterrence of China" in favor of a new focus on the homeland and the Western Hemisphere. What makes this shift so remarkable is its author: Elbridge Colby, the renowned strategist and author of "The Strategy of Denial," a book literally dedicated to containing Beijing. Has access to real intelligence revealed the futility of the mission?Was the much-hyped "pivot to Asia" always just rhetorical cover for a gradual withdrawal? Is this new doctrine not just an Asian exit, but a full-scale retrenchment from America's role as the global hegemon? Are we witnessing the end of the American Century? Is this a pragmatic acceptance of multipolarity and structural decline, or a dangerous vacuum that other powers will rush to fill? Newsflash: You can find everything Explaining History on Substack, join free hereHelp the podcast to continue bringing you history each weekIf you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways:If you want to go ad-free, you can take out a membership hereOrYou can support the podcast via Patreon here Hosted on Acast. See acast.com/privacy for more information.
Tom Kmak is the co-founder and Chief Executive Officer of Fiduciary Decisions (FDI, formerly Fiduciary Benchmarks). During his 16 years with the firm, FDI has become the industry's leading firm for benchmarking retirement plans using a patented approach that recognizes the mathematical truth that “Fees Without Value is a Meaningless Comparison.” Tom is pleased to say that FDI's benchmarking service is used by 70% of the largest and most prestigious Recordkeepers as well as over 60% of the best Retirement Plan Advisors, as recognized by various industry publications. Tom has also been involved in the development of other services at Fiduciary Decisions, such as the Rollover Decision Support System supporting DOL PTE 2020-02, as well as the interactive plan design tool called the Retirement Outcomes Evaluator. Prior to founding FDI in 1990, Tom started the JPMorgan Retirement Plan Services business with American Century. Upon leaving in October 2007, that business employed 1,100 people serving two hundred large plan sponsors with over 1.5 million participants and more than $115 billion in assets. During his career with Retirement Plan Services, the company initiated numerous industry firsts, including no blackout conversions and the innovative employee education program, Audience of One. Tom also served on the Executive Committee for JPMorgan's asset management business. Tom graduated Phi Beta Kappa from DePauw University with a B.A. degree in Economics and Computational Mathematics. He was the first graduate of the prestigious Management Fellows Program, and he was a 3-year letterman in intercollegiate basketball.In this episode, Eric and Tom Kmak discuss:Do Managed Accounts Provide Personalized Value?Does a Dynamic QDIA Enhance Individualization?Evaluation Requires Comprehensive Tools and CriteriaRetirement Outcomes Should Be the PriorityKey Takeaways:Managed accounts can help participants who lack time or investment expertise by providing personalized guidance that can improve decision-making and long-term retirement outcomes.Dynamic QDIA strategies are intended to tailor investments to each participant's age, account balance, and financial situation, and can potentially create a more individualized approach to retirement planning.The goal of adopting managed account solutions should be to improve retirement readiness and long-term results, with fees considered in the context of overall value and personalization.“We've had some people say publicly, the reason I like managed accounts is they can't be benchmarked, to which we replied, hold my beer.” - Tom KmakConnect with Tom Kmak:Website: https://www.fiduciarydecisions.com/team/tom-kmak/ LinkedIn: https://www.linkedin.com/in/thomas-kmak-5635b77/ Connect with Eric Dyson: Website: https://90northllc.com/Phone: 940-248-4800Email: contact@90northllc.com LinkedIn: https://www.linkedin.com/in/401kguy/ The information and content of this podcast are general in nature and are provided solely for educational and informational purposes. It is believed to be accurate and reliable as of the posting date, but may be subject to changeIt is not intended to provide a specific recommendation for any type of product or service discussed in this presentation or to provide any warranties, investment advice, financial advice, tax, plan design, or legal advice (unless otherwise specifically indicated). Please consult your own independent advisor as to any investment, tax, or legal statements made.The specific facts and circumstances of all qualified plans can vary, and the information contained in this podcast may or may not apply to your individual circumstances or to your plan or client plan-specific circumstances.
Author Peter Simons discusses his book Global Heartland: Cultivating the American Century on the Midwestern Farm. Then, an ISU wildlife extension specialist offers a new resource for Iowans who want to support wildlife.
For decades, Joseph Nye was one of the true giants of American foreign policy. His career, in government and in the academy, spanned epochs, and his body of work as a scholar of international relations remains unparalleled. Nye, who passed away at the age of 88 in May, served in the Carter and Clinton administrations and headed the Harvard Kennedy School for nearly two decades. But he may be best known for his contributions to the study of international relations. Nye coined the term “soft power” and co-authored Power and Interdependence, a pathbreaking analysis of geopolitics, with Robert Keohane. Fifty years later, Nye and Keohane, longtime colleagues and friends, reunited for a final time in Foreign Affairs' pages, to argue that President Donald Trump's single-minded fixation on hard power risks weakening the real sources of U.S. strength. It is a fitting, if not exactly valedictory, culmination of a life in the American century. Over the decades, Keohane got to know Nye the thinker and Nye the man better than almost anyone. Dan Kurtz-Phelan spoke with Keohane about Nye's legacy and about what a changing American foreign policy will mean for the future of international relations. You can find sources, transcripts, and more episodes of The Foreign Affairs Interview at https://www.foreignaffairs.com/podcasts/foreign-affairs-interview.
The period following the Second World War is often referred to as the American Century, when the rise of the United States to global hegemon accelerated and solidified. Those who take an interest in the global political economy are starting to wonder if that era is coming to a close. But the volatility of US policy in recent years, as much as it has given rise to questions over whether this period of American exceptionalism is at an end, also carries with it many elements which could herald its continuation. Marvin Barth, founder and author of Thematic Markets, an independent research effort focused on long-term trends and themes, joins the podcast to pore over the most critical questions facing the United States and what the answers mean for its place in the world.See omnystudio.com/listener for privacy information.
Is President Donald Trump augmenting or undermining the sources of American power? Trade wars against U.S. allies, an immigration crackdown, and slashing the federal workforce are but three ways the administration's approach to exercising power could ultimately erode it. In this episode, renowned political theorist Robert Keohane argues that "the continuation of Trump's current foreign policy would weaken the United States and accelerate the erosion of the international order that since World War II has served so many countries well." Is this the end of the American Century? Or was it already dead and buried? Recommended reading: The End of the Long American Century by Robert O. Keohane and Joseph S. Nye in Foreign Affairs, the official publication of the Council on Foreign Relations Joseph Nye, a scholar, strategist, and public servant, died on May 6, 2025.
On this excellent episode of BYABushwood, Brock White and Casey Earl Flynn talk LIV Andalucía and The Scottish Open before being joined by BYAPN Boots on the Ground, Cory Collins, who shares some stories about his time at the American Century Championship in Tahoe this past weekend. Then they all three dive deep into a little golf tournament called The Open Championship that begins soon on the Dunlace Course at Royal Portrush Golf Club in Northern Ireland. Hope you're ready for a fantastic weekend, and that you'll tell us who you're betting on over on FB, IG, and/or X please! Also, say hi to Brock White on X and go buy lots of BYABushwood gear from the BYAPN SHOP!
7/14/25 - Hour 1 Rich shares his best (and worst?) moments from his weekend playing in the American Century celebrity golf tournament in Lake Tahoe. NBC Sports Bay Area's Matt Maiocco tells Rich how much leverage disgruntled WR Jauan Jennings has in his demand for a new contract or a trade from the 49ers, if Brandon Aiyuk will be ready to suit up for the Niners when the season kicks off, discusses the influx of rookies on defense and the return of Robert Saleh as DC, and if San Francisco can compete with the Rams for NFC West bragging rights. Please check out other RES productions: Overreaction Monday: http://apple.co/overreactionmonday What the Football with Suzy Shuster and Amy Trask: http://apple.co/whatthefootball The Jim Jackson Show: https://podcasts.apple.com/us/podcast/the-jim-jackson-show/id1770609432 No-Contest Wrestling with O'Shea Jackson Jr. and TJ Jefferson: https://podcasts.apple.com/us/podcast/no-contest-wrestling/id1771450708 Learn more about your ad choices. Visit podcastchoices.com/adchoices
It was a real privilege to welcome my longtime collaborator and friend, Dr. Susan Helper, to the Manufacturing in the American Century podcast. Sue is not only a Harvard-trained PhD economist and professor at Case Western Reserve University, but also a seasoned federal leader who's served as Chief Economist at the U.S. Department of Commerce and on the White House Council of Economic Advisers. She's a nationally recognized expert on manufacturing and one of the most influential thought leaders advancing bottom-up economic development in America today.In this episode, we dive into our shared work on the Investing in Manufacturing Communities Partnership (IMCP), which was an early and influential federal initiative that helped seed the emergence of place-based development strategies across the country. Sue offers fascinating insights into the practical, evidence-based methods for catalyzing regional growth through smarter manufacturing, to include the power of industrial ecosystems, the risks of "racing to the bottom," and the need for better structures, metrics, and coordination among federal, state, and regional actors.From her reflections on the enduring value of manufacturing to her passionate call for a long-term national industrial strategy, Sue's clarity and conviction make her such a trusted leader in the field. Whether you're new to the AMCC network or a seasoned stakeholder, this episode is full of wisdom and takeaways from one of the nation's foremost champions for bottom-up, evidence-based sustainable development - it's a must listen!!
We’re calling another meeting of ‘The Urbanist’ bookclub to review two titles: ‘Designing the American Century’ and ‘Women Architects at Work’.See omnystudio.com/listener for privacy information.
With the excesses of 2020 now being examined in mainstream outlets like The New York Times, we are witnessing a moment of introspection on the American left. To unpack this development, we're joined by a writer who has studied the history of the left. And in this week's conversation, we wrestle with our own complicated — and at times conflicted — relationships to these politics.Daniel Oppenheimer is an American writer and podcaster. He runs the Substack newsletter Eminent Americans and hosts a podcast of the same name. He's the author of Exit Right: The People Who Left the Left and Reshaped the American Century, and his latest essay for Persuasion is “How the Left Loses its People.”You can find Tara Henley on Twitter at @TaraRHenley, and on Substack at tarahenley.substack.com
Eighty years ago this summer, a young John F. Kennedy took a job as a journalist for Hearst newspapers, filing dispatches in the final days of World War II. His columns capture the mood of a changing world. Even the most seasoned JFK scholars often overlook this chapter. In today's extra special Very Special Episode, Pulitzer Prize-winning biographer Fred Logevall and legendary director Rob Reiner join us to explore the forgotten summer that helped shape Kennedy's worldview. * Check out Fred Logevall's excellent book: JFK: Coming of Age in the American Century. Listen to Who Killed JFK? from Rob Reiner and Soledad O'Brien wherever you get your podcasts. And go see Spinal Tap II: The End Continues in theaters this September! And thanks to our JFK voice actor, Tom Antonellis, for nailing another role. * Hosted by Dana Schwartz, Zaron Burnett, and Jason EnglishWritten by Joe PompeoProduced by Josh FisherEditing and Sound Design by Jonathan Washington and Josh FisherAdditional Editing by Mary DooeMixing and Mastering by Josh FisherResearch and Fact-Checking by Joe Pompeo and Austin ThompsonOriginal Music by Elise McCoyShow Logo by Lucy QuintanillaExecutive Producer is Jason EnglishSee omnystudio.com/listener for privacy information.
Eighty years ago this summer, a young John F. Kennedy took a job as a journalist for Hearst newspapers, filing dispatches in the final days of World War II. His columns capture the mood of a changing world. Even the most seasoned JFK scholars often overlook this chapter. In today's extra special Very Special Episode, Pulitzer Prize-winning biographer Fred Logevall and legendary director Rob Reiner join us to explore the forgotten summer that helped shape Kennedy's worldview. * Check out Fred Logevall's excellent book: JFK: Coming of Age in the American Century. Listen to Who Killed JFK? from Rob Reiner and Soledad O'Brien wherever you get your podcasts. And go see Spinal Tap II: The End Continues in theaters this September! And thanks to our JFK voice actor, Tom Antonellis, for nailing another role. * Hosted by Dana Schwartz, Zaron Burnett, and Jason EnglishWritten by Joe PompeoProduced by Josh FisherEditing and Sound Design by Jonathan Washington and Josh FisherAdditional Editing by Mary DooeMixing and Mastering by Josh FisherResearch and Fact-Checking by Joe Pompeo and Austin ThompsonOriginal Music by Elise McCoyShow Logo by Lucy QuintanillaExecutive Producer is Jason EnglishSee omnystudio.com/listener for privacy information.
(If you loved Rob Reiner + Soledad O'Brien's WHO KILLED JFK?, perhaps you'll enjoy this story from JFK's early years. Thanks for Rob Reiner for joining the Very Special Episodes podcast to help us tell it.) Eighty years ago this summer, a young John F. Kennedy took a job as a journalist for Hearst newspapers, filing dispatches in the final days of World War II. His columns capture the mood of a changing world. In today's Very Special Episode, Pulitzer Prize-winning biographer Fred Logevall and legendary director Rob Reiner join us to explore the forgotten summer that helped shape Kennedy's worldview. * For more Very Special Episodes, follow the show wherever you get your podcasts. Go see Spinal Tap II: The End Continues in theaters this September! Check out Fred Logevall's excellent book: JFK: Coming of Age in the American Century. Today's episode was written by Joe Pompeo. Very Special Episodes is hosted by Dana Schwartz, Zaron Burnett, and Jason English. Produced and edited by Josh Fisher, Jonathan Washington, and Mary Dooe. And thanks to our JFK voice actor, Tom Antonellis, for nailing another role. See omnystudio.com/listener for privacy information.
Eighty years ago this summer, a young John F. Kennedy took a job as a journalist for Hearst newspapers, filing dispatches in the final days of World War II. His columns capture the mood of a changing world. Even the most seasoned JFK scholars often overlook this chapter. In today's extra special Very Special Episode, Pulitzer Prize-winning biographer Fred Logevall and legendary director Rob Reiner join us to explore the forgotten summer that helped shape Kennedy's worldview. * Check out Fred Logevall's excellent book: JFK: Coming of Age in the American Century. Listen to Who Killed JFK? from Rob Reiner and Soledad O'Brien wherever you get your podcasts. And go see Spinal Tap II: The End Continues in theaters this September! And thanks to our JFK voice actor, Tom Antonellis, for nailing another role. * Hosted by Dana Schwartz, Zaron Burnett, and Jason EnglishWritten by Joe PompeoProduced by Josh FisherEditing and Sound Design by Jonathan Washington and Josh FisherAdditional Editing by Mary DooeMixing and Mastering by Josh FisherResearch and Fact-Checking by Joe Pompeo and Austin ThompsonOriginal Music by Elise McCoyShow Logo by Lucy QuintanillaExecutive Producer is Jason EnglishSee omnystudio.com/listener for privacy information.
In celebration of Juneteenth, Pulitzer Prize–winning historian David Levering Lewis, author of the definitive two-volume biography of W.E.B. Du Bois, explores Du Bois' life, legacy, and enduring impact on American history, while also discussing his own new memoir, The Stained Glass Window. Jeffrey Rosen, president and CEO of the National Constitution Center, moderates. Resources David Levering Lewis, The Stained Glass Window: A Family History as the American Story, 1790–1958, (2025) David Levering Lewis, W.E.B. Du Bois: A Biography 1868–1963, (2009) American Historical Association, “W.E.B. Du Bois (1868–1963): Historian, Sociologist, Editor, Activist,” Perspectives on History, (2023) W.E.B. Du Bois, The Talented Tenth, (1903) W.E.B. Du Bois, The Souls of Black Folk: Centennial Edition, (2003) W.E.B. Du Bois, Black Reconstruction in America: An Essay Toward a History of the Part Which Black Folk Played in the Attempt to Reconstruct Democracy in America, 1860–1880, (2014) W.E.B. Du Bois and Guy B. Johnson, Encyclopedia of the Negro: Preparatory Volume with Reference Lists and Reports, (1940) David Levering Lewis, W.E.B. Du Bois: The Fight for Equality and the American Century, 1919–1963, Read by Courtney B. Vance, (2001) Stay Connected and Learn More Questions or comments about the show? Email us at podcast@constitutioncenter.org Continue the conversation by following us on social media @ConstitutionCtr. Sign up to receive Constitution Weekly, our email roundup of constitutional news and debate. Follow, rate, and review wherever you listen. Join us for an upcoming live program or watch recordings on YouTube. Support our important work. Donate
SSJ start off the 3rd Hour talking to Matt Besler and Nate Bukaty LIVE in studio. The guys talk about an upcoming charity event that benefits The Battle Within. (https://www.thebattlewithin.org/) Then Steven is joined by Johnathan Thomas who is the CEO of American Century Investments. Johnathan talks to SSJ about the American Century celebrity golf tournament happening in Lake Tahoe July 9th - July 13th.See omnystudio.com/listener for privacy information.
Send us a textIn this brief episode we talk about the new series that will begin on June 11, 2025. Plus we also talk about the future of this broadcast. This look back at Bob Dole will also mark the end of our look at the Greatest Generation of Americans that overcame a depression, fought World War 2 , and came home to build the American Century while winning the Cold War. Bob Dole's story is their final story on the national political stage. After Bob Dole walks away in 1996, this generation will begin their gradual fading away and into history. We are honored to tell this story about this man who was a true American Hero in every sense of the word. We are not sure where this podcast will be going from here. So, while we lay out the plan for the next 3 seasons of our show, we are also listening for any ideas about the future or whether we are at the end of our run. We look forward to hearing from you as this story unfolds. Thank you for tuning in, this is a joy to be telling these stories.Randal WallaceHost of "The Randal Wallace Presents" Podcast, formerly known as Bridging the Political Gap Questions or comments at , Randalrgw1@aol.com , https://twitter.com/randal_wallace , and http://www.randalwallace.com/Please Leave us a review at wherever you get your podcastsThanks for listening!!
This is a free preview of a paid episode. To hear more, visit andrewsullivan.substack.comRobert is a journalist and historian. He served as president and editor-in-chief of Congressional Quarterly, the editor of The National Interest, and the editor of The American Conservative, and he covered Washington as a reporter for the WSJ for more than a decade. He has written many history books, including the one we're discussing this week: President McKinley: Architect of the American Century. It's a lively read, a fascinating glimpse of fin-de-siècle American politics, and of a GOP firmer on tariffs — but a hell of a lot more virtuous than it is under Trump today.For two clips of our convo — on McKinley's heroism during the Civil War, and the reasons he differs so much from Trump — head to our YouTube page.Other topics: Robert's journalist dad and his conservative influence; his own career as a journo; McKinley's roots in Ohio; his abolitionist parents; his mentor Rutherford B Hayes; his time in Congress; the economic depression of the 1890s; the debate over the gold standard; McKinley's “front-porch strategy” besting the great populist orator William Jennings Bryan; his underrated presidency; his modesty and “commanding quiet”; his incremental pragmatism — in the spirit of Oakeshott's “trimmer”; ushering in American empire; the Spanish-American War; the sinking of the Maine; taking over the Philippines; annexing Hawaii; leaving Cuba to the Cubans; the Panama Canal; McKinley's strong support of tariffs; his later pivot towards reciprocity in trade; his lackluster record on race relations; his assassination by an anarchist; Teddy taking over; his bombast contrasting with his predecessor; trust-busting; McKinley's remarkable marriage; his wife's epilepsy; HW Bush; and if a McKinley type of conservative could succeed in today's GOP.Browse the Dishcast archive for an episode you might enjoy (the first 102 are free in their entirety — subscribe to get everything else). Coming up: Chris Matthews — who just revived “Hardball” on Substack, Tara Zahra on the revolt against globalization after WWI, Walter Isaacson on Ben Franklin, Arthur C. Brooks on the science of happiness, Paul Elie on crypto-religion in ‘80s pop culture, and Johann Hari coming back to turn the tables and interview me for the pod. Please send any guest recs, dissents, and other comments to dish@andrewsullivan.com.
Rural America is Trump country. Last November Trump carried 93 percent of rural counties.. How can Democrats change that? Anthony Flaccavento and Erica Etelson, co-founders of the Rural Urban Bridge Initiative, have a strategy to accomplish that. Also: 20 minutes without Trump: We know a lot about the bad things J. Edgar Hoover did, but it turns out there's a lot we didn't know. In this episode from the archives, Historian Beverly Gage will explain. Her award-winning book is “G-Man: J. Edgar Hoover & the Making of the American Century.” (originally aired in December, 2022)Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Rural America is Trump country. Last November Trump carried 93 percent of rural counties.. How can Democrats change that? Anthony Flaccavento and Erica Etelson, co-founders of the Rural Urban Bridge Initiative, have a strategy to accomplish that. Also: 20 minutes without Trump: We know a lot about the bad things J. Edgar Hoover did, but it turns out there's a lot we didn't know. In this episode from the archives, Historian Beverly Gage will explain. Her award-winning book is “G-Man: J. Edgar Hoover & the Making of the American Century.” (originally aired in December, 2022)Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Book review: A Pulitzer winner by Yale Professor Beverly Gage. G-Man: J. Edgar Hoover and the Making of the American Century by Beverly Gage is a monumental biography. It is a revelatory portrait of a colossus who for decades influenced government, policing, race, ideology, politics, federal power and much more.⇨ YOU WILL LEARN: * What this Viking publication is all about* Highlights from the war on Communists and gangsters* Valuable tips for creating your own memoir or biography* How life stories can change history!⇨ FULL ARTICLEClick to read: https://foreveryoungautobiographies.com/g-man/ ⇨ VIDEO PODCASTClick to watch: https://youtu.be/XI08rOyRQNg ⇨ FREE GIFTStructure Success video training: Four steps to plan a life-story outline. FREE training, click to sign up: https://wp.me/P8NwjM-3o⇨ YOUR SAYDo you have a book review recommendation? Leave me a comment below or here https://www.foreveryoungautobiographies.com/contact/⇨ RELATED LINKSBest life stories of 2024: Settle in with an award-winning bookhttps://foreveryoungautobiographies.com/best-life-stories-of-2024/ Best life stories of 2023: Award-winning books to read over the holidays https://www.foreveryoungautobiographies.com/best-life-stories-of-2023/ Book review: A British Book Awards winner and bestseller by Katherine Rundell https://foreveryoungautobiographies.com/super-infinite/ How to make a timeline: What is a timeline + timeline example (plus free printable!)https://www.foreveryoungautobiographies.com/how-to-make-a-timeline/ Writing characters: If you've already tried creating characters, don't read this. It'll break your hearthttps://www.foreveryoungautobiographies.com/writing-characters/ Editing: Don't try self editing before reading this!https://www.foreveryoungautobiographies.com/editing-autobiographies/ ♡ Thanks for listening! Please subscribe if you are new and share or review the show if you found it helpful!Happy writing!⇨ ABOUT MEG'day! I'm Nicola, the founder of Forever Young Autobiographies. I've been a daily print journalist for decades and know how to create life stories! Now I help others do the same to share with family and friends so that unique memories live on.⇨ WEBSITEhttps://www.foreveryoungautobiographies.com⇨ YOUTUBEhttps://www.youtube.com/c/ForeverYoungAutobiographies⇨ FACEBOOKhttps://www.facebook.com/foreveryoungautobiographies⇨ INSTAGRAMhttps://www.instagram.com/foreveryoungautobiographies/
Send us a textOn June 11, 2025, our podcast will embark on the final story in the original thesis we intended to tell when we started this podcast nearly five years ago. On June 11, 1996, exactly 29 years ago, we saw Bob Dole resign his Senate seat, giving one of the most important speeches we ever heard, to pursue full time his bid for the White House. He would be the last of "The Greatest Generation" to do so. In 1992, in the midst of a recession, the Republican Party would be swept out of power losing not only the White House, but the House and Senate as well. On the Federal level of Government, one man stood alone, as the leader of his party. That man was also the last of the World War 2 generation to be left on the national stage. He was Senate Minority leader Robert J. Dole of Kansas. Over the next three seasons we will tell his story and the story of the rise of the modern Republican Party. It will be the final story of National leadership for the generation of people who built the American Century. For all the attention a new generation of Republican leaders would garner, it was in fact, Bob Dole, so often in the shadow of the giants of his age, from Nixon to Reagan to Bush, and who would largely be forgotten in the coming era of Gingrich , Clinton, the second Bush, McCain, and now Donald Trump, who actually led the Republican Party out of the political wilderness and back to power in both houses of Congress, and he was able to do it even as his own efforts to win the Presidency fell short. It was a remarkable final chapter for this greatest of generations and the opening chapter in the career of our host Randal Wallace. This series will be that story too, a story straight from the heart of our host over these next three seasons. As he was an eyewitness, to the last campaign of the very man who would become that last living symbol of the bygone era led by the Greatest Generation. Join us for : Season 15 - Bob Dole 1993 - 1995 The Last Man StandingSeason 16 - Bob Dole The Life that Brought Him There &- The 1995 Resurrection of Bill Clinton Season 17 - Bob Dole 1996 The Campaign of a Lifetime. Questions or comments at , Randalrgw1@aol.com , https://twitter.com/randal_wallace , and http://www.randalwallace.com/Please Leave us a review at wherever you get your podcastsThanks for listening!!
Send us a textIn this final episode of our 14th Season, we watch one era begin and another end. We will tune into the beginning of the Inaugural Ceremony, hearing the great Senator Wendell Ford greet the crowd and introduce the players, which will include, the Reverend Billy Graham who will give the invocation. Then we will listen in as Governor William Jefferson Clinton of Arkansas, the first Baby Boomer President, takes the oath of office and assumes the title 42nd President of the United States. Then we will hear him deliver his Inaugural Address before we fade out and over to the final ceremonies of the tenure of the now former President George H. W. Bush. We will follow him out to the West side of the Capitol as he is escorted by President and Mrs. Clinton out to the Helicopter which will fly him out to Andrews Air Force Base. We will hear some final assessments from ABC News reporter Britt Hume, followed by ABC News Anchormen Peter Jennings and David Brinkley, some final thoughts from our host Randal Wallace, and then the brief departure events at Andrews Air Force Base as President Bush and Mrs. Bush fly off for Houston , Texas and their long retirement. Then we will hear some final thoughts from the President himself as we say farewell to him and his generation of Americans at the end of the era. An era that built the American Century and created the enormously powerful and prosperous country we live in today. But what we didn't know then, that we do know now, is that the Greatest Generation would have one more story to tell, and that will be the subject of our next three season series. Questions or comments at , Randalrgw1@aol.com , https://twitter.com/randal_wallace , and http://www.randalwallace.com/Please Leave us a review at wherever you get your podcastsThanks for listening!!
Naysayers and fake news spreaders abound in this final hour as even the former treasury secretary takes lisping swings at Trump's tariff plans. The President's top economic advisors celebrate the success America is already seeing, shortly before Nvidia makes a half-trillion dollar announcement that vaporizes the left's lies. Karmelo Anthony gets house arrest after killing another teen by stabbing him in the heart. Make it make sense.
For our sixth episode of "History and our Current World," Jeremi Suri joins Kelly to discuss how policymakers can effectively use historical analogies without falling into the trap of oversimplification. They discuss how examining multiple historical cases rather than relying on a single analogy like Munich or Vietnam can result in better policy outcomes. Jeremi holds the Mack Brown Distinguished Chair for Leadership in Global Affairs at The University of Texas at Austin, and is a Professor in UT Austin's Department of History and the LBJ School of Public Affairs. He is the author and editor of eleven books on contemporary politics and foreign policy, most recently Civil War By Other Means: America's Long and Unfinished Fight for Democracy. His other books include The Impossible Presidency: The Rise and Fall of America's Highest Office; Henry Kissinger and the American Century; Liberty's Surest Guardian: American Nation-Building from the Founders to Obama; and The Power of the Past: History and Statecraft, edited with Hal Brands. Link to Civil War By Other Means: https://www.amazon.com/Civil-War-Other-Means-Unfinished/dp/1541758544 The opinions expressed in this conversation are strictly those of the participants and do not represent the views of Georgetown University or any government entity. Produced by Theo Malhotra and Freddie Mallinson. Recorded on April 7, 2025. Diplomatic Immunity, a podcast from the Institute for the Study of Diplomacy at Georgetown University, brings you frank and candid conversations with experts on the issues facing diplomats and national security decision-makers around the world. Funding support from the Carnegie Corporation of New York. For more, visit our website, and follow us on Linkedin, Twitter @GUDiplomacy, and Instagram @isd.georgetown
Joseph S. Nye Jr. is a Harvard University Distinguished Service Professor, Emeritus, and former Dean of Harvard's Kennedy School of Government. He has served as assistant secretary of defense for international security affairs, as chairman of the National Intelligence Council, and as deputy undersecretary of state for security assistance, science and technology. In a recent survey of international relations scholars, he was ranked as the most influential scholar on American foreign policy, and in 2011, Foreign Policy named him one of the top 100 Global Thinkers. His most recent book, published in 2024, is “A Life in the American Century.” His other books include “The Power to Lead,” “The Future of Power,” “Presidential Leadership and the Creation of the American Era,” and "Is the American Century Over?” He is a fellow of the American Academy of Arts and Sciences, the British Academy, and the American Academy of Diplomacy. He received his bachelor's degree summa cum laude from Princeton University, won a Rhodes Scholarship to Oxford University, and earned a PhD in political science from Harvard. Ralph Ranalli of the HKS Office of Communications and Public Affairs is the host, producer, and editor of HKS PolicyCast. A former journalist, public television producer, and entrepreneur, he holds an BA in political science from UCLA and a master's in journalism from Columbia University.Scheduling and logistical support for PolicyCast is provided by Lilian Wainaina. Design and graphics support is provided by Laura King. Web design and social media promotion support is provided by Catherine Santrock and Natalie Montaner. Editorial support is provided by Nora Delaney and Robert O'Neill.
Liberals won't like it, but according to the Seattle based historian and podcaster Daniel Bessner, Trump's wannabe imperial presidency is a “natural outgrowth” of the centralized power of the FDR presidency. In a provocative Jacobin piece, Bessner contends that executive power has been expanding since FDR, with the U.S. President increasingly becoming an "elected monarch." The leftist Bessner criticizes American liberals for both obsessing over the fictional specter of fascism and for failing to address the economic inequality that enabled the rise of Trump. And he expresses pessimism about meaningful reform, arguing that 21st century capitalism has become too entrenched for significant changes without some dramatic external shock. 5 Takeaways from the Bessner Interview* Trump's presidency represents a continuation of American traditions rather than fascism, with his immigration policies echoing historical patterns like the Palmer Raids and McCarthyism.* The significant shift under Trump is his aggressive tariff policy against China, which represents a departure from decades of neoliberal economic approaches.* Presidential power has been expanding dramatically since FDR (who issued over 3,700 executive orders), creating what Bessner calls an "elected monarch" with increasingly unchecked authority.* The failure of liberal leadership, particularly Obama's inadequate response to the 2008 financial crisis and insufficient economic redistribution, created the conditions for Trump's rise.* Bessner expresses deep pessimism about the possibility of meaningful reform, suggesting that capitalism has become too entrenched globally for significant democratic changes without some external shock like climate disaster or war.Daniel Bessner is an historian and journalist. He is currently the Anne H.H. and Kenneth B. Pyle Associate Professor in American Foreign Policy in the Henry M. Jackson School of International Studies at the University of Washington. He previously held the Joff Hanauer Honors Professorship in Western Civilization and is also a Non-Resident Fellow at the Quincy Institute for Responsible Statecraft, an Associate of the Alameda Institute, and a Contributing Editor at Jacobin. In 2019-2020, he served as a foreign policy advisor to Bernie Sanders' presidential campaign; in 2024, for unclear reasons, the Russian government sanctioned him. Daniel is an intellectual historian, and his work has focused on three areas of inquiry: the history and contemporary practice of U.S. foreign relations; the history and theory of liberalism; and, most recently, the history and practice of the entertainment industry. He is the author of Democracy in Exile: Hans Speier and the Rise of the Defense Intellectual (Cornell, 2018), which you may order here. He is also the co-editor, with Nicolas Guilhot, of The Decisionist Imagination: Sovereignty, Social Science, and Democracy in the Twentieth Century (Berghahn, 2019), which you may order here; and the co-editor, with Michael Brenes, of Rethinking U.S. World Power: Domestic Histories of U.S. Foreign Relations (Palgrave, 2024), which you may order here. In addition to his scholarship, he has published pieces in The New York Times, The Washington Post, The Guardian, The New Republic, The Nation, n+1, and other venues. In July 2022, he published a cover story in Harper's Magazine titled “Empire Burlesque: What Comes After the American Century?”; in May 2024, he published a cover story, also in Harper's, titled “The Life and Death of Hollywood: Film and Television Writers Face an Existential Threat,” which was also republished as the cover of the Italian magazine Internazionale.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
Unlocked Patreon episode. Support Ordinary Unhappiness on Patreon to get access to all the exclusive episodes. patreon.com/OrdinaryUnhappinessIn a perfect pairing with our ongoing series on Lacan, we come in from the cold and go underground by watching Theodore Flicker's neglected classic, “The President's Analyst” (1967). James Coburn stars as a psychoanalyst drafted to serve as the president's shrink, and who swiftly goes from starstruck to depleted to a fugitive on the run. This satiric romp hit a nerve with the FBI, was censored in post-production, and quickly disappeared from theaters. A loving sendup of psychoanalysis, an acid-addled dramatization of Cold War anxieties, and just a gonzo all-around-good time, the film gives us plenty to talk about, from the paranoic structure of knowledge to the Big Other of surveillance to unorthodox cures for “hostility” to J. Edgar Hoover's secret flirtations with self-analysis and more. Beverly Gage's biography of J. Edgar Hoover is G-MAN: J. Edgar Hoover and the Making of the American Century. You can listen to Barry McGuire's “Inner-Manipulations” (featured in the film) here: https://www.youtube.com/watch?v=WU7F_u9L5X8Have you noticed that Freud is back? Got questions about psychoanalysis? Or maybe you've traversed the fantasy and lived to tell the tale? Leave us a voicemail! (646) 450-0847 A podcast about psychoanalysis, politics, pop culture, and the ways we suffer now. New episodes on Saturdays. Follow us on social media: Linktree: https://linktr.ee/OrdinaryUnhappiness Twitter: @UnhappinessPod Instagram: @OrdinaryUnhappiness Patreon: patreon.com/OrdinaryUnhappiness Theme song: Formal Chicken - Gnossienne No. 1 https://open.spotify.com/album/2MIIYnbyLqriV3vrpUTxxO Provided by Fruits Music
J. Edgar Hoover is one of the most polarizing figures in U.S. history. And the seeds he planted as the decades long founding director of the FBI continue to shape much of today's conservative political landscape. Kash Patel, who now leads the FBI, has openly vowed to find ways to punish Trump's political enemies. While that's appalling, it's not the first time an FBI director has used abused institutional power. There's a lot of historical precedent that we can compare and contrast with the current moment. Beverly Gage is a historian at Yale University and the Pulitzer Prize-winning author of “G-Man: J. Edgar Hoover and the Making of the American Century.” She joins WITHpod to discuss Hoover's influence, the politicization of the FBI, the abuse of its power, the FBI in Trump 2.0 and more.
The biggest counterfactual that hangs on the assassination of JFK is this: Would JFK have launched a ground war in the jungles of Vietnam? Don Wildman and his guest Fredrik Logevall explore what might have happened if JFK didn't die.Fredrik Logevall is a Pulitzer Prize winning historian at Harvard who is working on a definitive three-part biography of JFK. The first volume is out now, JFK: Coming of Age in the American Century, 1917-1956.Produced by Freddy Chick. Edited by Aidan Lonergan. Senior Producer was Charlotte Long.Sign up to History Hit for hundreds of hours of original documentaries, with a new release every week and ad-free podcasts. Sign up at https://www.historyhit.com/subscribe. You can take part in our listener survey here.All music from Epidemic Sounds.American History Hit is a History Hit podcast.
President Donald Trump has found inspiration for tariffs and more in the 25th President of the United States: William McKinley. This hour, we look at the life and legacy of McKinley, and why Trump is drawn to him. Plus, we'll learn about the Gilded Age and its parallels to today. GUESTS: Kevin Kern: Associate Professor of History at The University of Akron. He is co-author of Ohio: A History of the Buckeye State Beverly Gage: Professor of 20th-century U.S. history at Yale University. Her newest book, G-Man: J. Edgar Hoover and the Making of the American Century, received the 2023 Pulitzer Prize for Biography. Joan Antonson: Executive Director of the Alaska Historical Society Support the show: http://www.wnpr.org/donateSee omnystudio.com/listener for privacy information.
Pres. Trump admires Pres. Polk and Pres. McKinley - two presidents who expanded America's territories in an age when territorial expansion was a measure of national success. In this interview, my guest compares Pres. Trump with Pres. Polk and Pres. McKinley. He also explains Manifest Destiny, and indulges my questions about what I term 'America's Manifest Destiny 2.0'. Mr. Merry also talks about America's Men of Destiny. So I ask him this: Is Pres. Trump a Man of Destiny?
Since Kash Patel was announced as the director for the FBI, pundits have warned of a return to the era of J. Edgar Hoover, who ran the bureau for 48 years. But according to Beverly Gage, the author of G-Man: J. Edgar Hoover and the Making of the American Century, under Patel, the FBI could be politicized in ways that even its notorious first director would have rejected. This week, Micah and Beverly discuss how Hoover established a playbook for weaponizing the FBI, and how Patel might go even further. On the Media is supported by listeners like you. Support OTM by donating today (https://pledge.wnyc.org/support/otm). Follow our show on Instagram, Twitter and Facebook @onthemedia, and share your thoughts with us by emailing onthemedia@wnyc.org.
What can we learn from President William McKinley's leadership, and how does his legacy compare to the modern political landscape? In this fascinating conversation, historian and journalist Robert W. Merry joins ISI to discuss his latest book, President McKinley: Architect of the American Century.McKinley, often overshadowed by his more flamboyant successors, was a transformational figure who reshaped America's global role and set the stage for the 20th century. Merry breaks down McKinley's underrated statesmanship, his approach to economic and foreign policy, and his impact on American conservatism.The discussion takes an intriguing turn as McKinley's leadership is compared to Donald Trump—examining their similarities in political realignment, media battles, and their roles as champions of the "forgotten American."