Political program launched by Democratic President Lyndon B. Johnson in 1964–65
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On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the legacies of Lyndon B. Johnson and Richard Nixon before introducing Wilfred McClay. Americans have overcome many challenges throughout our history, including the American Revolution, the Civil War, the Great Depression, two World Wars, and the Cold War. Studying the great stories from our past inspires us to preserve the blessings of liberty in our day. Now you can study these stories with Hillsdale College. Hillsdale’s free online course, “The Great American Story: A Land of Hope,” explores the history of America as a land of hope founded on high principles. In presenting the great triumphs and achievements of our nation’s past, as well as the shortcomings and failures, it offers a broad and unbiased study of the kind essential to the cultivation of intelligent patriotism. Lyndon B. Johnson entered office with an ambitious plan to expand the scope of government. Dubbed “The Great Society,” his efforts to transform domestic policy were stalled in part by his party’s opposition to America’s mounting commitments in Southeast Asia. While Richard Nixon achieved important diplomatic victories in Vietnam and China, the American economy suffered from low growth and inflation. Nixon’s resignation, and the failures of the Carter administration, diminished America’s confidence in the presidency.See omnystudio.com/listener for privacy information.
On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the legacies of Lyndon B. Johnson and Richard Nixon before introducing Wilfred McClay. Americans have overcome many challenges throughout our history, including the American Revolution, the Civil War, the Great Depression, two World Wars, and the Cold War. Studying the great stories from our past inspires us to preserve the blessings of liberty in our day. Now you can study these stories with Hillsdale College. Hillsdale’s free online course, “The Great American Story: A Land of Hope,” explores the history of America as a land of hope founded on high principles. In presenting the great triumphs and achievements of our nation’s past, as well as the shortcomings and failures, it offers a broad and unbiased study of the kind essential to the cultivation of intelligent patriotism. Lyndon B. Johnson entered office with an ambitious plan to expand the scope of government. Dubbed “The Great Society,” his efforts to transform domestic policy were stalled in part by his party’s opposition to America’s mounting commitments in Southeast Asia. While Richard Nixon achieved important diplomatic victories in Vietnam and China, the American economy suffered from low growth and inflation. Nixon’s resignation, and the failures of the Carter administration, diminished America’s confidence in the presidency.See omnystudio.com/listener for privacy information.
On this On Air Artist Spotlight episode we welcome local actor, playwright, singer, and fight director, Sean Fletcher Griffin. As a child, Sean grew up in a family of Southern Pentecostal church musicians. He attended Florida State University where he double majored in Theatre and Creative Writing. He moved to New York City in 2011 where he started working with a small theatre company in Brooklyn called Phillstock, with whom he wrote, directed, and acted in several shows. As a member of UnkleDave's Fight-House, a company of fight directors founded by Dave Anzuelo, he has worked on numerous off-Broadway, regional and Broadway productions as a fight and intimacy director, including Appropriate, Merrily We Roll Along, Uncle Vanya, and The Great Society, and the upcoming Death of a Salesman and The Fear of 13.
Send us Fan MailWe look at LBJ's Great Society and determine its legacy.
May 22, 2026In a graduation speech at the University of Michigan in 1964, President Lyndon Johnson laid out his vision for “the Great Society,” It was a forward looking vision of a country that used its post-World War II prosperity to look toward greater things, and to advance civil rights and end poverty, Congress would pass the Civil Rights Act of 1964, the Economic Opportunity Act of 1964, and the Food Stamp Act, Democrats were able to pass 84 new laws to put the Great Society into place, Congress took on voting rights, access to education, health insurance, and the rights of consumers, It enacted laws protecting the environment and supporting the arts, In his speech at the University of Michigan, Johnson charged the graduates to lead America toward a new age, reminding them that Americans have the power to shape the civilization that we want.Watch today's recording here: https://www.youtube.com/live/g9TUa1Rwd6U?si=T8_KKcHQZElhpnZ-Get full, free access to Letters from an American here: https://heathercoxrichardson.substack.com/subscribeYou can also find me:Bluesky: https://bsky.app/profile/hcrichardson.bsky.socialInstagram: https://www.instagram.com/heathercoxrichardson/?hl=enFacebook: https://www.facebook.com/heathercoxrichardson/YouTube: https://www.youtube.com/@heathercoxrichardson Get full access to Letters from an American at heathercoxrichardson.substack.com/subscribe
Former Rep. Barney Frank (D-Mass.) joined Meet the Press for an interview around his autobiography, “Frank: A Life in Politics from the Great Society to Same-Sex Marriage.” Frank passed away on May 20, 2026, at the age of 86. The full episode on video is available on MeetThePress.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
How do we preserve family, community, and truth in a culture that seems to be moving faster and faster away from them?In this episode of Everyday Homesteading, I sat down with my friend Rory Groves for a thoughtful conversation about modern culture, technology, family economy, and what many families are sensing right now: that something important has been lost.Using the republished book Henry and the Great Society as a starting point, we talked about how modernization changed family life, community, work, and even the way we think about self-sufficiency. We also discussed why history matters and how looking backward can help us move forward with more intentionality.This conversation touches on: Family economy and durable living The tension between independence and community Why intentionality matters more than ever Building culture for future generations Encouragement for families trying to live differently in uncertain times I really appreciated Rory's perspective and his heart for helping families think deeply about what it means to build a life that lasts.Links Mentioned:- Grab your copy of Henry and the Great Society here: https://homeward.press - Find Rory's book, Durable Trades here: https://www.thegrovestead.com/product/durable-trades/- Learn more about the Gather and Grow events here: https://gatherandgrow.us
Doris Kearns Goodwin is one of America's best known and most popular historians, having told the stories of great American leaders such as Abraham Lincoln, Lyndon Johnson, Teddy Roosevelt, FDR and Eleanor Roosevelt, and others. Now, she delves into her own life and the time she spent with her late husband, Richard Goodwin, to draw out fresh perspectives on many of the central figures of the 1960s. The Goodwins were married for 42 years. Richard Goodwin helped design LBJ's Great Society and was a close advisor to Robert Kennedy. Dorris Kearns was a 23-year-old graduate student when she was selected as a White House Fellow; she would work directly for President Johnson and later assisted on his memoir. The couple saw the momentous policies and movements of the 1960s from the inside, and they debated the achievements and failures of the leaders they served, and discussed just how much progress was made and promises left unfulfilled. Drawing on their lives—not to mention more than 300 boxes of letters, diaries, documents and memorabilia Richard Goodwin had saved for more than five decades—Doris Kearns Goodwin produced her latest book, An Unfinished Love Story. The exploration of those boxes and her shared history with her husband gave them both an opportunity to reassess some of the towering figures of the time: John F. Kennedy, Jacqueline Kennedy, Martin Luther King Jr., Robert Kennedy, Eugene McCarthy and especially LBJ, who greatly impacted both of their lives. Join us as Doris Kearns Goodwin returns to Commonwealth Club World Affairs to share her unexpected discoveries, fresh appraisals, and the hope that the youth of today will carry forward “this unfinished love story with America.” Learn more about your ad choices. Visit megaphone.fm/adchoices
Ever been to a food tasting? You just get little nibbles of what the meals would taste like.I like those, because you sample what you like or don't like. And I can only say that today's show is a sampler, but you will like it all.That rich, unmistakable aroma… slow-roasted, lightly seasoned, occasionally overcooked Democrats.We got SCOTUS fallout, and Leftists are upset. But it's not just the gerrymandering. People are dishing dirt on KJB.SCOTUS Decision FalloutLots of crying over SNAPNo more junk food on SNAP and people were losing their minds…Think about how wild that is.We went from “food assistance” to “government-funded snack attack.”And the argument isn't even subtle. It's basically: “How dare you tell me I can't buy candy with taxpayer money!”That's not a nutrition program anymore. That's Willy Wonka with a federal budget.And look, I get it. Nobody wants government micromanaging their grocery cart. But at some point, you have to ask the obvious question…Is this about helping people eat… or helping corporations sell sugar with a subsidy sticker on it?Because historically, SNAP was created in the 1960s as part of LBJ's Great Society. The idea was simple: prevent hunger.Not “fund a soda habit.”We didn't fight the War on Poverty so somebody could roll up with a cart that looks like Halloween collided with a gas station.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This is a free preview of a paid episode. To hear more, visit andrewsullivan.substack.comAdrian is a journalist and an old friend. We arrived in America on the same plane in 1984 and spent the first few days together in the same hotel room. After more than 20 years writing for The Economist, he became the global business columnist for Bloomberg Opinion. He's the author of several books, including The Aristocracy of Talent, and the co-author of many more with John Micklethwait, including The Right Nation. Adrian's new book is The Revolutionary Center: The Lost Genius of Liberalism. It's a terrific tonic for a philosophy as vital as it is in eclipse.For two clips of the episode — on how Enlightenment ideas got corrupted, and Big Tech's threat to liberalism — head to our YouTube page.Other topics: raised in rural Shropshire; his parents both teachers; his dissertation on the 11-plus (an exam that changed my life); when IQ tests were a liberal cause; Luther and the Reformation; the religious civil wars leading to the Enlightenment; Hobbes as a proto-liberal; the humanism of Erasmus; Montesquieu and the spirit of liberalism; John Stuart Mill and utilitarianism; Isaiah Berlin and pluralism; Graham Wallas and the Great Society; Lippmann; Leo Strauss; Thatcherism; consumerism vs. self-improvement; meritocracy threatened by the left; Foucault's folly; the EU and managerial liberalism; Brooks' bobos; affirmative action and DEI; why liberal democracy in Iraq didn't work; Oakeshott; Schmitt and friend-enemy; Trump's stark illiberalism and neo-royalism; King Charles; Putin ushering in a strongman era; Biden's open borders; the migration crisis and Brexit; the buffoonish Boris; the struggling Starmer; high culture and other upsides to elitism; Abundance; Deneen and post-liberalism; and Europe stepping up for Ukraine.Browse the Dishcast archive for an episode you might enjoy. We have some real stars coming up: Ben Rhodes on Iran and speech-writing, Harvey Mansfield on modernity, HW Brands on the life of George Washington, John Gray on Trump's new world, Bob Wright on the evolutionary force of AI, Tiffany Jenkins on privacy in a liberal democracy, Jerusalem Demsas on the state of the left, Daniel McCarthy on conservatism, Stephen Grosz on the struggles of love, and Robby George on pretty much everything. Please send any guest recs, dissents, and other comments to dish@andrewsullivan.com.
Ever been to a food tasting? You just get little nibbles of what the meals would taste like.I like those, because you sample what you like or don't like. And I can only say that today's show is a sampler, but you will like it all.That rich, unmistakable aroma… slow-roasted, lightly seasoned, occasionally overcooked Democrats.We got SCOTUS fallout, and Leftists are upset. But it's not just the gerrymandering. People are dishing dirt on KJB.SCOTUS Decision FalloutLots of crying over SNAPNo more junk food on SNAP and people were losing their minds…Think about how wild that is.We went from “food assistance” to “government-funded snack attack.”And the argument isn't even subtle. It's basically: “How dare you tell me I can't buy candy with taxpayer money!”That's not a nutrition program anymore. That's Willy Wonka with a federal budget.And look, I get it. Nobody wants government micromanaging their grocery cart. But at some point, you have to ask the obvious question…Is this about helping people eat… or helping corporations sell sugar with a subsidy sticker on it?Because historically, SNAP was created in the 1960s as part of LBJ's Great Society. The idea was simple: prevent hunger.Not “fund a soda habit.”We didn't fight the War on Poverty so somebody could roll up with a cart that looks like Halloween collided with a gas station.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
It's been said that if you remember the ‘60s, you weren't really there, but when Pulitzer Prize-winning historian Doris Kearns Goodwin and her late husband, Dick, started to go through his papers from his time as one of the men behind JFK's New Frontier, co-designer of LBJ's Great Society, and RFK's close advisor, that revolutionary decade became as tangible to the couple as it was 60 years ago. Goodwin, who also worked for Johnson, joins David M. Rubenstein for a conversation on historical reckoning and the people who make history behind the scenes. Recorded on December 2, 2024
Jensen Huang didn't just make a sales pitch. He announced American dominance. JB White breaks down why NVIDIA is essentially a state instrument with a stock ticker, and why that matters more than most people realize. He also takes on Bitcoin maximalists who, in his view, are missing the forest for the trees when it comes to what Trump is actually building. Add in a sharp take on multipolarity, the Iran choke point, the Catholic Church's ongoing identity crisis, and the social consequences of Great Society policies on the Black community, and you've got a show that refuses to stay in one lane. JB is still sick, still fired up, and still not here for narratives that don't hold up.
“His ultimate failure is not simply losing. It's his failure to stop Trumpism from being such a dominant force in America.” — Julian ZelizerOn this Easter Sunday, can we resurrect Joe Biden's reputation? Perhaps not — according to Julian Zelizer, the Princeton historian and editor of The Presidency of Joseph R. Biden, a collection of essays about the historical significance of the Biden Presidency.Zelizer argues that Biden's legislative record was more robust than most Americans remember — climate investments, semiconductor plants, diversity integrated into government programmes. Rather than policy, the problem was the politics. Biden didn't build a coalition that would last long enough for his ambitious programmes to mature. He is the last of an era: a New Deal Democrat who believed in big government, that the Republicans could be brought back to the centre, that politics could still work the way it used to. Joe Biden promised to save the soul of America from the Charlottesville moment. Instead, his administration was bookended by a President who saw “good people” on both sides of the Charlottesville neo-Nazi violence.Zelizer makes an unusual comparison: Biden as Barry Goldwater. Goldwater lost catastrophically in 1964. Decades later, his anti-New Deal ideas colonised the modern Republican Party. Zelizer suggests that Biden's domestic agenda — affordability, industrial policy, bringing jobs home — may follow the same trajectory. Victory on the heels of defeat. A resurrection of sorts. Maybe not such a tragedy after all. Five Takeaways• Biden May Be the Last New Deal President: He is a product of mid-twentieth-century Democratic politics — big government, big federal programs, the belief that Washington can help middle-class Americans. His formative period was the era of LBJ and the Great Society. The next round of Democrats will not make his mistakes. The style of politics he represents may be over.• His Legislative Record Was More Robust Than Anyone Remembers: Climate investments, semiconductor plants, diversity integrated into government programs, jobs brought back to the United States. The problem wasn't that the programmes were broken. The problem was political: he didn't build a coalition that would last long enough for them to mature. Even the New Deal wasn't up and running within a year.• He Promised to Save the Soul of America. He Couldn't: Biden's candidacy was a response to the neo-Nazi rally in Charlottesville. His promise was that Trumpism would not be at the centre of American power. His ultimate failure is not simply losing. It's that his administration is followed by a much more radical Trump Two that undoes everything he put on the books and goes further.• Biden as Barry Goldwater: Goldwater lost by one of the worst margins on record in 1964. Decades later, his ideas were at the core of the modern Republican Party. Zelizer argues Biden's domestic agenda — affordability, industrial policy, semiconductor investment — may follow the same trajectory. The ideas may outlast the man.• Bookended by Trump: There is no way to talk about Biden without talking about Trump. His candidacy was about what he was not going to allow to define America. The fact that he is followed by a more radical and destructive second Trump administration will always be at the centre of the conversation. Trump is the defining voice of this entire period. About the GuestJulian Zelizer is a professor of history and public affairs at Princeton University. He is the author of Burning Down the House: Newt Gingrich and the Rise of the New Republican Party and editor of the presidential assessment series including volumes on Bush, Obama, Trump, and Biden.References:• The Presidency of Joseph R. Biden: A First Historical Assessment edited by Julian Zelizer — the book under discussion.• Episode 2859: Stop, Don't Do That — Peter Edelman on Bobby Kennedy. The progressive populism Biden couldn't resurrect.About Keen On AmericaNobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,800 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting.WebsiteSubstackYouTubeApple PodcastsSpotify Chapters:(00:31) - Introduction: Easter Sunday and the resurrection of Joseph R. Biden (02:21) - Zhou Enlai and Kissinger: is it too early to tell? (04:34) - The historians were eager to participate (06:16) - A traditional president analysed in a traditional format (07:20) - Divided We Stand: Newt Gingrich and the pathetic quality of the Democrats (09:48) - Gramsci's interregnum: frozen between the past and the future (11:35) - The soul of America: Biden's promise and ultimate failure (14:18) - An unlikely person: plagiarism, alliances with segregationists, and luck (16:04) - Lincoln's widow at the theatre: why did anyone fancy this guy? (18:54) - No ideological coherence: the compromise candidate (21:13) - The CHIPS Act looked great on paper (23:38) - Who was running the show? (25:30) - The debate: clearly at best out to lunch (28:26) - Biden as Barry Goldwater: ideas that outlast the man (30:38) - Kamala Harris and backward momentum for female candidates (34:38) - Foreign policy: the irony of his supposed strength (38:25) - The Hoover comparison: the end of a chapter in American history
David Garrison joined me to discuss watching I Love Lucy and Maverick; going to high school with Bruce Springsteen; getting a BFA at BU; joining the Arena Stage in Washington D.C.; his first off Broadway play, The History of American Film; his tenure on the soap opera The Edge of Night; getting a Tony nomination for A Day in Hollywood / A Night in Ukraine - a Marx Brothers parody; joining Pirates of Penzance; appearing on Night of 100 Stars; James Cagney accidentally being locked in the basement; replacing Harvey Fierstein in Torch Song Trilogy; leaving to join the cast of a new show It's Your Move; favorite episodes; Married with Children; writers taking his love of the outdoors and giving it to Steve; favorite episodes include "Girls Just Wanna Have Fun", "I'll See You in Court", and "Have You Driven a Ford Lately"; actually driving a '65 Mustang; leaving MWC and joining Working It Out; playing Nixon in The Great Society; Titanic; Wicked; and working out a musical based on the 1998 film Ever After
Democrats continue to lie through their teeth about their record, so Pat couldn't sleep last night and decided to put together a list of all the "gifts" they have given America over the last 250 years. Democrats have pushed policies that have devastated the country — from the Great Society programs that exploded welfare dependency and family breakdown to soft-on-crime rules and defund-the-police movements that made urban violence and chaos spike in major cities. Their reckless spending, green energy restrictions, and open-border policies fueled inflation, higher energy costs, and record illegal immigration that strained communities nationwide, while the disastrous Afghanistan withdrawal and divisive identity politics have left America weaker, more expensive, and more fragmented. Can America survive a Democrat president? We also cover: Netflix will raise subscription prices AGAIN! Pausing the period of energy plant destruction. Black women CANNOT be racist to white women. Trump on why he uses Sharpie to sign everything. The Shroud of Turin IS the burial cloth of Jesus. 00:00 Pat Gray UNLEASHED! 00:20 Government is Still Closed! 01:10 Pat's List of What Democrats have 'Accomplished' 10:44 Anti-American Protesters in Philadelphia 12:49 Trump Reveals Iran's Gift to the U.S. 16:24 Marco Rubio Thinks the World should be Grateful 17:04 Marco Rubio on European Allies 20:18 Long Lines in Houston's Bush Airport 22:42 Passengers React to Long Airport Lines 23:29 Cory Booker at Newark Airport 25:01 ICE Agent Saves One-Year-Old Child 26:22 Dr. Oz on Hospice Fraud in Los Angeles 32:15 Fat Five 45:58 Trump on Pausing Energy Plant Destruction 52:02 Living WITHOUT Streaming Subscriptions 54:02 Piers Morgan VS. Trans Woman 57:58 Trump's Sharpie Rant 1:03:26 Drones over Barksdale Air Force Base 1:10:14 Doug Burgum on Trump Statue in Venezuela 1:14:05 Savannah Guthrie Interview 1:18:13 Jesse Watters on Missing Scientists 1:23:30 Jeremiah J. Johnston Joins the Show! Learn more about your ad choices. Visit megaphone.fm/adchoices
Marc Cox opens the show with breaking coverage of a deadly LaGuardia Airport collision that killed two pilots and shut down major East Coast travel, before shifting to March Madness disappointment and a broader law-and-order debate comparing violent incidents in Memphis to ongoing crime issues in St. Louis. The hour intensifies with analysis of the Trump administration's plan to deploy ICE agents to airports amid TSA shortages, including sharp backlash from Democrats and controversial claims from Senator Dick Blumenthal. “Kim on a Whim” drills into St. Louis' weekend curfew enforcement, exposing deeper concerns about absent parenting, fatherless homes, and long-term welfare incentives tied back to Great Society policies. The hour wraps with a Brian Kilmeade ticket giveaway and a stark warning over new polling showing growing support for socialism and communism among young Americans, emphasizing the urgency of engaging the next generation politically. Hashtags: #LaGuardiaCrash #TrumpICEPlan #AirportSecurity #StLouisCrime #CurfewDebate #Fatherlessness #GreatSociety #WelfareState #BrianKilmeade #SocialismPoll #GenZPolitics
In “Kim on a Whim,” Kim St. Onge breaks down the results of St. Louis' weekend curfew crackdown, where more than 20 juveniles—including kids as young as 11—were detained, raising blunt questions about absent parenting and accountability. The conversation expands into a deeper critique of fatherless homes and generational dependency, with Marc Cox tying today's crime patterns to decades-old government policies rooted in Lyndon B. Johnson's Great Society programs, arguing they incentivized single-parent households and long-term welfare reliance. Both hosts acknowledge real hardship scenarios but ultimately contend that current systems reward dysfunction instead of stability, fueling cycles of poverty and crime that curfews alone can't fix.
Spouting Off with Karen Kataline Unmasking Systemic Corruption: From the Epstein Files to Healthcare Fraud Alan Nathan All Stars: Spouting Off Host: Karen Kataline • Uncensored ideas on power, corruption, and systemic accountability. RADIO TRANSCRIPT SUMMARY The Epstein Files 3,000,000 Documents Released in "Dead of Night" Guest: Nick Bryant (Investigative Journalist) Intelligence Ties: Allegations of Epstein linking CIA and Israeli Mossad for arms deals and money laundering. Blackmail Rife: Claims of "honey traps" used to compromise House members and power brokers. Transparency Gap: DOJ allegedly withholding 3 million additional documents in violation of the Transparency Act. "Blackmail is rife within our political system... honey traps are compromising colleagues." Black Values & Policy Guest: Bernie Flowers (GOP Candidate) 27% Marriage Rate (Black Women) GOP Rising Conservative Shift Focus on restoring the American Family. Critique of LBJ's "Great Society" as fostering government dependence rather than independence. Healthcare Heist Guest: Julian Hagman (COO, Caring Professionals) $12 Billion / Year Exposing a state-sanctioned monopoly and bid-rigging in New York's home care sector. Claims of "arsonists in charge of the fire brigade." #EpsteinJustice #BlackValuesMatter #HealthcareFraud #IntelligenceCoverup Reading Time: ~6 mins • Format: Editorial Roadmap This episode of the Alan Nathan All Stars, hosted by Karen Kataline, delves into the layers of government secrecy and systemic corruption. The discussion features investigative insights into the Jeffrey Epstein documents, the shifting political landscape of the Black community, and the multi-billion-dollar fraud currently plaguing the American healthcare system. The Epstein Files: A Narrative of Withheld Truths Investigative journalist Nick Bryant highlights a significant discrepancy in the recent release of Jeffrey Epstein's documents. While three million documents were made public, the Department of Justice allegedly withheld another three million, a move Bryant claims violates the Epstein Transparency Act. He argues that this is part of a long-standing cover-up spanning multiple administrations—from Bush to Biden—intended to protect power brokers compromised by "honey traps" and blackmail. Bryant suggests that Epstein's operations were deeply intertwined with both American and Israeli intelligence, serving as a conduit for arms dealing and money laundering alongside his notorious trafficking network. Epstein Document Transparency Status 3 Million Documents Released | 3 Million Documents Withheld "The Department of Justice is in violation of the Epstein Transparency Act by withholding 50% of the files." Political Realignment and the "Great Society" Critique GOP candidate Bernie Flowers discusses the inherent conservatism within the Black community, arguing that traditional values have been undermined by decades of government dependence. He traces this shift back to Lyndon B. Johnson's "Great Society" programs, which he contends replaced family self-sufficiency with state reliance. Flowers also posits a controversial theory that current immigration policies are a coordinated effort by the Democratic Party to "replace" a Black voting bloc that is increasingly gravitating toward conservative principles and Donald Trump's populist messaging. The $12 Billion Healthcare Fraud Crisis Julian Hagman, COO of Caring Professionals, identifies healthcare as the primary financial anxiety for Americans, surpassing even rent and groceries. He exposes a massive "state-sanctioned monopoly" in New York's home care sector, where bid-rigging and backroom deals have allegedly compromised a $12 billion annual program. Hagman describes a "contracts fraud" where political affiliates benefit from public funds while actual services for the needy are cut. He notes that while the Department of Justice is investigating these claims, the "arsonists" (corrupt politicians) are often the ones in charge of the "fire brigade" (the regulatory systems). Primary Financial Anxiety Ranking #1 Healthcare CostsTop Priority #2 Rent / Housing #3 Groceries / Inflation Source: Caring Professionals Industry Analysis Key Data Withheld Evidence: 6 million total Epstein documents exist within the DOJ; only 50% have been released. Economic Impact: The New York home care sector under investigation involves approximately $12 billion in annual state spending. Social Metrics: Only 27% of Black women are currently getting married, cited as a metric of declining family stability due to government intervention. To-Do / Next Steps Access the 25-year archive of Alan Nathan shows at mainstreetradionetwork.com. Visit epsteinjustice.com to read investigative articles regarding Epstein's arms deals and intelligence connections. Follow Nick Bryant's ongoing reporting at nickbryant.nyc.com. Initiate comprehensive audits of government programs in California and New Jersey to identify widespread graft. Consult a doctor or pharmacist regarding shingles prevention if you are 50 years or older. Order a free "For You Calendar" for family intentionality at lindatongplanners.com. Conclusion The episode paints a grim picture of institutional decay but offers a glimmer of hope through the "coming to light" of these scandals. Whether through investigative journalism or political activism, the guests emphasize that transparency and the restoration of the American family unit are the only viable paths toward reclaiming government accountability.
A provocative new history of modern black liberalism Black Excellence: Atlanta and the Making of Modern Black Liberalism (U Pennsylvania Press, 2025) offers a provocative new history of modern black liberalism by situating the seemingly conservative tendencies of black elected officials in the post–civil rights era within neoliberal American politics and an enduring black liberal tradition. In the 1970s and '80s, cities across the country elected black mayors for the first time. Just as these officials gained political power, however, their cities felt the full brunt of white flight and deindustrialization. Tasked with governing cities in crisis, black political leaders responded in seemingly conservative ways to the social problems that austerity worsened. Nowhere was this response more evident than in Atlanta. In the nation's preeminent black urban regime, black leaders such as mayors Maynard Jackson and Andrew Young employed the power of policing and the private sector to discipline black Atlantans, hoping they would equip vulnerable communities with the tools to manage the volatility of the era. Danielle Wiggins shows that these punitive responses to the problems of crime, family instability, and unemployment were informed by black liberalism's disciplinary impulse: an enduring tendency to reform behaviors believed to threaten black survival in a white supremacist nation. Forged in response to the violence of Jim Crow, the disciplinary impulse relied upon notions of pathology and its inverse, black excellence. Wiggins identifies several black liberal efforts to cultivate excellent black communities, families, and workers in the post–civil rights era, including community policing, corporate-sponsored family initiatives, and black entrepreneurship. In embracing disciplinary strategies, however, black liberals often focused on behavior at the expense of addressing structural inequality. Consequently, their approaches dovetailed with those of the “New” Democrats, whose post–Great Society social policies were informed by urban black liberals. Black Excellence reveals thus how urban black liberals not only reshaped black politics but, as Democrats, also helped build the neoliberal Democratic Party. Guest: Danielle Wiggins is an assistant professor of history at Georgetown University, where she teaches courses on U.S. and African American history since the 1960s. She is currently researching race and the politics of energy since the 1960s. Focusing on the 1970s energy crisis, her project will explore how black Americans thought about energy, consumption, growth, and sustainability in ways that alternately challenged, intersected with, and radically rethought mainstream energy discourses. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-american-studies
A provocative new history of modern black liberalism Black Excellence: Atlanta and the Making of Modern Black Liberalism (U Pennsylvania Press, 2025) offers a provocative new history of modern black liberalism by situating the seemingly conservative tendencies of black elected officials in the post–civil rights era within neoliberal American politics and an enduring black liberal tradition. In the 1970s and '80s, cities across the country elected black mayors for the first time. Just as these officials gained political power, however, their cities felt the full brunt of white flight and deindustrialization. Tasked with governing cities in crisis, black political leaders responded in seemingly conservative ways to the social problems that austerity worsened. Nowhere was this response more evident than in Atlanta. In the nation's preeminent black urban regime, black leaders such as mayors Maynard Jackson and Andrew Young employed the power of policing and the private sector to discipline black Atlantans, hoping they would equip vulnerable communities with the tools to manage the volatility of the era. Danielle Wiggins shows that these punitive responses to the problems of crime, family instability, and unemployment were informed by black liberalism's disciplinary impulse: an enduring tendency to reform behaviors believed to threaten black survival in a white supremacist nation. Forged in response to the violence of Jim Crow, the disciplinary impulse relied upon notions of pathology and its inverse, black excellence. Wiggins identifies several black liberal efforts to cultivate excellent black communities, families, and workers in the post–civil rights era, including community policing, corporate-sponsored family initiatives, and black entrepreneurship. In embracing disciplinary strategies, however, black liberals often focused on behavior at the expense of addressing structural inequality. Consequently, their approaches dovetailed with those of the “New” Democrats, whose post–Great Society social policies were informed by urban black liberals. Black Excellence reveals thus how urban black liberals not only reshaped black politics but, as Democrats, also helped build the neoliberal Democratic Party. Guest: Danielle Wiggins is an assistant professor of history at Georgetown University, where she teaches courses on U.S. and African American history since the 1960s. She is currently researching race and the politics of energy since the 1960s. Focusing on the 1970s energy crisis, her project will explore how black Americans thought about energy, consumption, growth, and sustainability in ways that alternately challenged, intersected with, and radically rethought mainstream energy discourses. 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
A provocative new history of modern black liberalism Black Excellence: Atlanta and the Making of Modern Black Liberalism (U Pennsylvania Press, 2025) offers a provocative new history of modern black liberalism by situating the seemingly conservative tendencies of black elected officials in the post–civil rights era within neoliberal American politics and an enduring black liberal tradition. In the 1970s and '80s, cities across the country elected black mayors for the first time. Just as these officials gained political power, however, their cities felt the full brunt of white flight and deindustrialization. Tasked with governing cities in crisis, black political leaders responded in seemingly conservative ways to the social problems that austerity worsened. Nowhere was this response more evident than in Atlanta. In the nation's preeminent black urban regime, black leaders such as mayors Maynard Jackson and Andrew Young employed the power of policing and the private sector to discipline black Atlantans, hoping they would equip vulnerable communities with the tools to manage the volatility of the era. Danielle Wiggins shows that these punitive responses to the problems of crime, family instability, and unemployment were informed by black liberalism's disciplinary impulse: an enduring tendency to reform behaviors believed to threaten black survival in a white supremacist nation. Forged in response to the violence of Jim Crow, the disciplinary impulse relied upon notions of pathology and its inverse, black excellence. Wiggins identifies several black liberal efforts to cultivate excellent black communities, families, and workers in the post–civil rights era, including community policing, corporate-sponsored family initiatives, and black entrepreneurship. In embracing disciplinary strategies, however, black liberals often focused on behavior at the expense of addressing structural inequality. Consequently, their approaches dovetailed with those of the “New” Democrats, whose post–Great Society social policies were informed by urban black liberals. Black Excellence reveals thus how urban black liberals not only reshaped black politics but, as Democrats, also helped build the neoliberal Democratic Party. Guest: Danielle Wiggins is an assistant professor of history at Georgetown University, where she teaches courses on U.S. and African American history since the 1960s. She is currently researching race and the politics of energy since the 1960s. Focusing on the 1970s energy crisis, her project will explore how black Americans thought about energy, consumption, growth, and sustainability in ways that alternately challenged, intersected with, and radically rethought mainstream energy discourses. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history
A provocative new history of modern black liberalism Black Excellence: Atlanta and the Making of Modern Black Liberalism (U Pennsylvania Press, 2025) offers a provocative new history of modern black liberalism by situating the seemingly conservative tendencies of black elected officials in the post–civil rights era within neoliberal American politics and an enduring black liberal tradition. In the 1970s and '80s, cities across the country elected black mayors for the first time. Just as these officials gained political power, however, their cities felt the full brunt of white flight and deindustrialization. Tasked with governing cities in crisis, black political leaders responded in seemingly conservative ways to the social problems that austerity worsened. Nowhere was this response more evident than in Atlanta. In the nation's preeminent black urban regime, black leaders such as mayors Maynard Jackson and Andrew Young employed the power of policing and the private sector to discipline black Atlantans, hoping they would equip vulnerable communities with the tools to manage the volatility of the era. Danielle Wiggins shows that these punitive responses to the problems of crime, family instability, and unemployment were informed by black liberalism's disciplinary impulse: an enduring tendency to reform behaviors believed to threaten black survival in a white supremacist nation. Forged in response to the violence of Jim Crow, the disciplinary impulse relied upon notions of pathology and its inverse, black excellence. Wiggins identifies several black liberal efforts to cultivate excellent black communities, families, and workers in the post–civil rights era, including community policing, corporate-sponsored family initiatives, and black entrepreneurship. In embracing disciplinary strategies, however, black liberals often focused on behavior at the expense of addressing structural inequality. Consequently, their approaches dovetailed with those of the “New” Democrats, whose post–Great Society social policies were informed by urban black liberals. Black Excellence reveals thus how urban black liberals not only reshaped black politics but, as Democrats, also helped build the neoliberal Democratic Party. Guest: Danielle Wiggins is an assistant professor of history at Georgetown University, where she teaches courses on U.S. and African American history since the 1960s. She is currently researching race and the politics of energy since the 1960s. Focusing on the 1970s energy crisis, her project will explore how black Americans thought about energy, consumption, growth, and sustainability in ways that alternately challenged, intersected with, and radically rethought mainstream energy discourses. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies
A provocative new history of modern black liberalism Black Excellence: Atlanta and the Making of Modern Black Liberalism (U Pennsylvania Press, 2025) offers a provocative new history of modern black liberalism by situating the seemingly conservative tendencies of black elected officials in the post–civil rights era within neoliberal American politics and an enduring black liberal tradition. In the 1970s and '80s, cities across the country elected black mayors for the first time. Just as these officials gained political power, however, their cities felt the full brunt of white flight and deindustrialization. Tasked with governing cities in crisis, black political leaders responded in seemingly conservative ways to the social problems that austerity worsened. Nowhere was this response more evident than in Atlanta. In the nation's preeminent black urban regime, black leaders such as mayors Maynard Jackson and Andrew Young employed the power of policing and the private sector to discipline black Atlantans, hoping they would equip vulnerable communities with the tools to manage the volatility of the era. Danielle Wiggins shows that these punitive responses to the problems of crime, family instability, and unemployment were informed by black liberalism's disciplinary impulse: an enduring tendency to reform behaviors believed to threaten black survival in a white supremacist nation. Forged in response to the violence of Jim Crow, the disciplinary impulse relied upon notions of pathology and its inverse, black excellence. Wiggins identifies several black liberal efforts to cultivate excellent black communities, families, and workers in the post–civil rights era, including community policing, corporate-sponsored family initiatives, and black entrepreneurship. In embracing disciplinary strategies, however, black liberals often focused on behavior at the expense of addressing structural inequality. Consequently, their approaches dovetailed with those of the “New” Democrats, whose post–Great Society social policies were informed by urban black liberals. Black Excellence reveals thus how urban black liberals not only reshaped black politics but, as Democrats, also helped build the neoliberal Democratic Party. Guest: Danielle Wiggins is an assistant professor of history at Georgetown University, where she teaches courses on U.S. and African American history since the 1960s. She is currently researching race and the politics of energy since the 1960s. Focusing on the 1970s energy crisis, her project will explore how black Americans thought about energy, consumption, growth, and sustainability in ways that alternately challenged, intersected with, and radically rethought mainstream energy discourses. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-south
A provocative new history of modern black liberalism Black Excellence: Atlanta and the Making of Modern Black Liberalism (U Pennsylvania Press, 2025) offers a provocative new history of modern black liberalism by situating the seemingly conservative tendencies of black elected officials in the post–civil rights era within neoliberal American politics and an enduring black liberal tradition. In the 1970s and '80s, cities across the country elected black mayors for the first time. Just as these officials gained political power, however, their cities felt the full brunt of white flight and deindustrialization. Tasked with governing cities in crisis, black political leaders responded in seemingly conservative ways to the social problems that austerity worsened. Nowhere was this response more evident than in Atlanta. In the nation's preeminent black urban regime, black leaders such as mayors Maynard Jackson and Andrew Young employed the power of policing and the private sector to discipline black Atlantans, hoping they would equip vulnerable communities with the tools to manage the volatility of the era. Danielle Wiggins shows that these punitive responses to the problems of crime, family instability, and unemployment were informed by black liberalism's disciplinary impulse: an enduring tendency to reform behaviors believed to threaten black survival in a white supremacist nation. Forged in response to the violence of Jim Crow, the disciplinary impulse relied upon notions of pathology and its inverse, black excellence. Wiggins identifies several black liberal efforts to cultivate excellent black communities, families, and workers in the post–civil rights era, including community policing, corporate-sponsored family initiatives, and black entrepreneurship. In embracing disciplinary strategies, however, black liberals often focused on behavior at the expense of addressing structural inequality. Consequently, their approaches dovetailed with those of the “New” Democrats, whose post–Great Society social policies were informed by urban black liberals. Black Excellence reveals thus how urban black liberals not only reshaped black politics but, as Democrats, also helped build the neoliberal Democratic Party. Guest: Danielle Wiggins is an assistant professor of history at Georgetown University, where she teaches courses on U.S. and African American history since the 1960s. She is currently researching race and the politics of energy since the 1960s. Focusing on the 1970s energy crisis, her project will explore how black Americans thought about energy, consumption, growth, and sustainability in ways that alternately challenged, intersected with, and radically rethought mainstream energy discourses. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this powerful episode of the Know Your Numbers, REI Podcast, Chris McCormack sits down with historian Bill Federer to unpack the dramatic shift in U.S. government funding — from tariff-based revenue to the modern income tax system.You'll discover:How the British East India Company and the Stamp Act helped spark the American RevolutionWhy tariffs once funded nearly 90% of the federal governmentHow the American Civil War triggered the first income taxWhat the 16th Amendment to the United States Constitution changed foreverWhy World War II expanded taxes to nearly every AmericanHow policies from the New Deal to the Great Society shaped today's tax and spending systemThis conversation connects taxation, war, debt, entrepreneurship, and America's economic future — challenging you to think differently about money, government power, and opportunity.If you care about business, investing, economic history, or the future of America's tax system — this episode is a must-listen.Tune in for more insights on tax strategy, real estate investing, and building wealth the smart way.••••••••••••••••••••••••••••••••••••••••••••To connect with Bill, visit his Social Media Platforms:Facebook: https://www.facebook.com/WilliamJFederer/Instagram: https://www.instagram.com/the_americanminute/?hl=enLinkedIn: https://www.linkedin.com/in/william-federer-981b1a17Website: https://americanminute.com/••••••••••••••••••••••••••••••••••••••••••••➤➤➤ To become a client, schedule a call with our team➤➤ https://www.betterbooksaccounting.co/contact••••••••••••••••••••••••••••••••••••••••••••Connect with Chris McCormack on Social MediaFacebook: https://www.facebook.com/chrismccormackcpaLinkedIn: https://www.linkedin.com/in/chrismccormackcpaInstagram: https://www.instagram.com/chrismccormackcpaJoin our Facebook Group: https://www.facebook.com/groups/6384369318328034→ → → SUBSCRIBE TO BETTER BOOKS' YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@chrismccormackcpaThe Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
In this hard-hitting 17-minute special edition of The Right Side, Doug Billings breaks down the jaw-dropping viral clip that has already racked up over 20 million views in 24 hours.California Governor Gavin Newsom — the multi-millionaire wine-country Democrat eyeing 2028 — stood in front of a largely Black audience in Atlanta and tried to “relate” by saying:“I'm like you. I'm no better than you. I'm a 960 SAT guy… You've never seen me read a speech because I cannot read a speech.”Doug delivers the no-spin analysis you won't hear anywhere else: this isn't empathy — it's textbook soft bigotry of low expectations. Hear the full quote, the instant backlash from Ted Cruz, Nicki Minaj, and millions of Americans, the historical roots in the Great Society, and why this moment is waking people up across every race and background.From lowered standards to “equity over excellence,” this clip perfectly exposes the condescending mindset that has dominated the modern left for decades — and why normal Americans are rejecting it in bigger numbers every single day.If you're tired of politicians talking down to voters, this is the episode you need to hear — and share.✅ Hit play, then share it with one friend who needs to see the truth the mainstream media won't touch.✅ Subscribe and turn on notifications so you never miss the analysis that cuts through the spin.The Right Side with Doug Billings — Real talk. Real America. Every day.#GavinNewsom #NewsomViral #960SAT #SoftBigotry #LowExpectations #DemocratHypocrisy #ViralClip #AtlantaSpeech #TheRightSide #AmericaFirst #BlackVoters #WokeFail #PoliticalPandering #DougBillings #fyp Support the show
Walter Lippmann was arguably the most recognized and respected political journalist of the twentieth century. His "Today and Tomorrow" columns attracted a global readership of well over ten million. Lippmann was the author of numerous books, including the best-selling A Preface to Morals (1929) and U.S. Foreign Policy (1943). His Public Opinion (1922) remains a classic text within American political philosophy and media studies. Lippmann coined or popularized several keywords of the twentieth century, including "stereotype," the "Cold War," and the "Great Society." Sought out by U.S. Presidents and by America's allies and rivals around the world, Lippmann remained one of liberalism's most faithful proponents and harshest critics. Yet few people then or since encountered the "real" Walter Lippmann. That was because he kept crucial parts of himself hiding in plain sight. His extensive commentary on politics and diplomacy was bounded by his sense that America had to adjust to the loss of a common faith and morality in a "post-Christian" era. Over the course of his life, Lippmann traded in his fame as a happy secularist for the stardom of a grumpy Western Christian intellectual. Yet he never committed himself to any religious system, especially his own Jewish heritage. Walter Lippmann: American Skeptic, American Pastor (Oxford University Press, 2023) considers the role of religions in Lippmann's life and thought, prioritizing his affirmation and rejection of Christian nationalisms of the left and right. It also yields fresh insights into the philosophical origins of modern American liberalism, including liberalism's blind spots in the areas of sex, race, and class. But most importantly, this biography highlights the constructive power of doubt. For Lippmann, the good life in the good society was lived in irreconcilable tension: the struggle to be free from yet loyal to a way of life; to recognize the dangers yet also the necessity of civil religion; and to strive for a just and enduring world order that can never be. In the end, Lippmann manufactured himself as the prophet of limitation for an extravagant American Century. Mark Thomas Edwards is professor of US history and politics at Spring Arbor University in Michigan. 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/history
Walter Lippmann was arguably the most recognized and respected political journalist of the twentieth century. His "Today and Tomorrow" columns attracted a global readership of well over ten million. Lippmann was the author of numerous books, including the best-selling A Preface to Morals (1929) and U.S. Foreign Policy (1943). His Public Opinion (1922) remains a classic text within American political philosophy and media studies. Lippmann coined or popularized several keywords of the twentieth century, including "stereotype," the "Cold War," and the "Great Society." Sought out by U.S. Presidents and by America's allies and rivals around the world, Lippmann remained one of liberalism's most faithful proponents and harshest critics. Yet few people then or since encountered the "real" Walter Lippmann. That was because he kept crucial parts of himself hiding in plain sight. His extensive commentary on politics and diplomacy was bounded by his sense that America had to adjust to the loss of a common faith and morality in a "post-Christian" era. Over the course of his life, Lippmann traded in his fame as a happy secularist for the stardom of a grumpy Western Christian intellectual. Yet he never committed himself to any religious system, especially his own Jewish heritage. Walter Lippmann: American Skeptic, American Pastor (Oxford University Press, 2023) considers the role of religions in Lippmann's life and thought, prioritizing his affirmation and rejection of Christian nationalisms of the left and right. It also yields fresh insights into the philosophical origins of modern American liberalism, including liberalism's blind spots in the areas of sex, race, and class. But most importantly, this biography highlights the constructive power of doubt. For Lippmann, the good life in the good society was lived in irreconcilable tension: the struggle to be free from yet loyal to a way of life; to recognize the dangers yet also the necessity of civil religion; and to strive for a just and enduring world order that can never be. In the end, Lippmann manufactured himself as the prophet of limitation for an extravagant American Century. Mark Thomas Edwards is professor of US history and politics at Spring Arbor University in Michigan. 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
Walter Lippmann was arguably the most recognized and respected political journalist of the twentieth century. His "Today and Tomorrow" columns attracted a global readership of well over ten million. Lippmann was the author of numerous books, including the best-selling A Preface to Morals (1929) and U.S. Foreign Policy (1943). His Public Opinion (1922) remains a classic text within American political philosophy and media studies. Lippmann coined or popularized several keywords of the twentieth century, including "stereotype," the "Cold War," and the "Great Society." Sought out by U.S. Presidents and by America's allies and rivals around the world, Lippmann remained one of liberalism's most faithful proponents and harshest critics. Yet few people then or since encountered the "real" Walter Lippmann. That was because he kept crucial parts of himself hiding in plain sight. His extensive commentary on politics and diplomacy was bounded by his sense that America had to adjust to the loss of a common faith and morality in a "post-Christian" era. Over the course of his life, Lippmann traded in his fame as a happy secularist for the stardom of a grumpy Western Christian intellectual. Yet he never committed himself to any religious system, especially his own Jewish heritage. Walter Lippmann: American Skeptic, American Pastor (Oxford University Press, 2023) considers the role of religions in Lippmann's life and thought, prioritizing his affirmation and rejection of Christian nationalisms of the left and right. It also yields fresh insights into the philosophical origins of modern American liberalism, including liberalism's blind spots in the areas of sex, race, and class. But most importantly, this biography highlights the constructive power of doubt. For Lippmann, the good life in the good society was lived in irreconcilable tension: the struggle to be free from yet loyal to a way of life; to recognize the dangers yet also the necessity of civil religion; and to strive for a just and enduring world order that can never be. In the end, Lippmann manufactured himself as the prophet of limitation for an extravagant American Century. Mark Thomas Edwards is professor of US history and politics at Spring Arbor University in Michigan. 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/intellectual-history
Walter Lippmann was arguably the most recognized and respected political journalist of the twentieth century. His "Today and Tomorrow" columns attracted a global readership of well over ten million. Lippmann was the author of numerous books, including the best-selling A Preface to Morals (1929) and U.S. Foreign Policy (1943). His Public Opinion (1922) remains a classic text within American political philosophy and media studies. Lippmann coined or popularized several keywords of the twentieth century, including "stereotype," the "Cold War," and the "Great Society." Sought out by U.S. Presidents and by America's allies and rivals around the world, Lippmann remained one of liberalism's most faithful proponents and harshest critics. Yet few people then or since encountered the "real" Walter Lippmann. That was because he kept crucial parts of himself hiding in plain sight. His extensive commentary on politics and diplomacy was bounded by his sense that America had to adjust to the loss of a common faith and morality in a "post-Christian" era. Over the course of his life, Lippmann traded in his fame as a happy secularist for the stardom of a grumpy Western Christian intellectual. Yet he never committed himself to any religious system, especially his own Jewish heritage. Walter Lippmann: American Skeptic, American Pastor (Oxford University Press, 2023) considers the role of religions in Lippmann's life and thought, prioritizing his affirmation and rejection of Christian nationalisms of the left and right. It also yields fresh insights into the philosophical origins of modern American liberalism, including liberalism's blind spots in the areas of sex, race, and class. But most importantly, this biography highlights the constructive power of doubt. For Lippmann, the good life in the good society was lived in irreconcilable tension: the struggle to be free from yet loyal to a way of life; to recognize the dangers yet also the necessity of civil religion; and to strive for a just and enduring world order that can never be. In the end, Lippmann manufactured himself as the prophet of limitation for an extravagant American Century. Mark Thomas Edwards is professor of US history and politics at Spring Arbor University in Michigan. 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/american-studies
Walter Lippmann was arguably the most recognized and respected political journalist of the twentieth century. His "Today and Tomorrow" columns attracted a global readership of well over ten million. Lippmann was the author of numerous books, including the best-selling A Preface to Morals (1929) and U.S. Foreign Policy (1943). His Public Opinion (1922) remains a classic text within American political philosophy and media studies. Lippmann coined or popularized several keywords of the twentieth century, including "stereotype," the "Cold War," and the "Great Society." Sought out by U.S. Presidents and by America's allies and rivals around the world, Lippmann remained one of liberalism's most faithful proponents and harshest critics. Yet few people then or since encountered the "real" Walter Lippmann. That was because he kept crucial parts of himself hiding in plain sight. His extensive commentary on politics and diplomacy was bounded by his sense that America had to adjust to the loss of a common faith and morality in a "post-Christian" era. Over the course of his life, Lippmann traded in his fame as a happy secularist for the stardom of a grumpy Western Christian intellectual. Yet he never committed himself to any religious system, especially his own Jewish heritage. Walter Lippmann: American Skeptic, American Pastor (Oxford University Press, 2023) considers the role of religions in Lippmann's life and thought, prioritizing his affirmation and rejection of Christian nationalisms of the left and right. It also yields fresh insights into the philosophical origins of modern American liberalism, including liberalism's blind spots in the areas of sex, race, and class. But most importantly, this biography highlights the constructive power of doubt. For Lippmann, the good life in the good society was lived in irreconcilable tension: the struggle to be free from yet loyal to a way of life; to recognize the dangers yet also the necessity of civil religion; and to strive for a just and enduring world order that can never be. In the end, Lippmann manufactured himself as the prophet of limitation for an extravagant American Century. Mark Thomas Edwards is professor of US history and politics at Spring Arbor University in Michigan. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
Guest: David Davenport. Davenport discusses FDR and LBJ, who argued government must actively create opportunity through programs like the New Deal and Great Society to ensure fair results.
Reflecting upon the phenomenal growth of the American Yeshiva society in the second half of the 20th century, one tends to focus on the great accomplishments of individual leaders such as Rav Aharon Kotler, Rav Shraga Feivel Mendlowitz, the Lubavitcher Rebbe, the Satmar Rav, institutions such as Torah Umesorah, RIETS, RJJ, BMG and other internal development within American Orthodoxy. However there's a broader narrative, with gradual processes taking place in broader American society which facilitated the growth of yeshivos during this time. Economic, social and demographic changes in the United States in the postwar era, LBJ's Great Society and the Vietnam War draft, are all external factors which facilitated the growth of the American yeshiva community. External factors are often overlooked but are no less important in understanding Jewish history. Subscribe to Jewish History Soundbites Podcast on: PodBean: https://jsoundbites.podbean.com/ or your favorite podcast platform Follow us on LinkedIn, Twitter or Instagram at @Jsoundbites For sponsorship opportunities about your favorite topics of Jewish history or feedback contact Yehuda at: yehuda@yehudageberer.com
James Golden aka Bo Snerdley explores the systemic breakdown of American governance by critiquing government-managed charity and the resulting rampant financial fraud. Golden argues that the expansion of the welfare safety net, beginning with the New Deal and Great Society, has corrupted the nation's moral center and created a "cesspool" for embezzlement in states like Mississippi and Georgia. Learn more about your ad choices. Visit megaphone.fm/adchoices
James Golden aka Bo Snerdley explores the systemic breakdown of American governance by critiquing government-managed charity and the resulting rampant financial fraud. Golden argues that the expansion of the welfare safety net, beginning with the New Deal and Great Society, has corrupted the nation's moral center and created a "cesspool" for embezzlement in states like Mississippi and Georgia. Learn more about your ad choices. Visit megaphone.fm/adchoices
Social Safety Nets that are a snare/trap; Loss of liberty; Corruption; Electing kings; Government of, for and by the people; Leviticus; Common sense; Right reason; No taxes in Israel; Addiction to benefits; Forcing your neighbor = covetousness; Home schooling; Q from Pensive Ear: Taxes = enslaved? Give to Caesar…; Sanhedrin?; Caesar invited into Judea; Law vs Legal article; Christ's Sanhedrin; "Corban"; Mark of the Beast article (Charagma); Taxpayers; Call No Man Father article; Congregating; Making the state your father: 1) Novation = registration, 2) Tutor = receiving benefits, 3) When of age, start paying in; Why you owe the tax; Legal title; Romans 13 about liberty; Jesus' trial before Pilate; "Pacta Servanda Sunt"; Kings exercising authority; The greatest destroyers of liberty; Savages; Christian social welfare; Charity; Becoming a person; Covetous practices; Mt 20:25; Mk 10:42; Lk 22:25; Voluntarism; Strong delusion; Mk 7:9; Taking choice from your neighbor; Government aid; Deceitful meat; Sharing your extra bread; Temple tax; Tithing; Idolatry; Repentance; Can't save yourself; Workers of iniquity; Relying on Holy Spirit; 1 Cor 5:10; Entitlements; Soldiers choice; Strengthening your neighbor; LBJ's Great Society; Christenings; Seeking His kingdom and righteousness; Q from Mark: Examples of benefits; Birth certificates; Honoring father and mother; Social Security; Starting with the basics; Laying down your life for friends; FDR's New Deal; Networking together; "Tens" article; Leaven; Freedom of choice; Giving up your right to choose; "Jerusalem"; Wrath of God; Kingdom of Heaven "at hand"; Giving sight to the blind; Preaching another government; Finding wellness; Rejecting God; The gods you have chosen; Getting God to hear you; Sacrifice; Stop making excuses.
Friday, January 2, 2026 - Tony Dale in for The Tara Show HOUR 1 1st - We are launching into a new year, into unparalleled times 2nd - Martin Armstrong has been predicting economic events since 80s 3rd - I don't what the left's fascination with Marxism and Socialism is 4th - we are going from Apathy to Dependency, based on human efforts HOUR 2 5th - i'm not the 1st one to make the connection between socialism & maternalism 6th - President LBJ had the idea of the Great Society program, Big Govt takes care of you 7th - Tony Dale reading texts from the CSRP Text Line 8th - The mainstream press is the largest Echo chamber HOUR 3 9th - Faith and the brain are connected and Faith is the forgotten angle for health 10th - The feminization of young men by society ; Intv with Michael Thompson 11th - Michael Thompson on helping men rediscover being a man pt. 2 interview 12th - HOUR 4 13th- interview with AE Wealth Chief Economist Tom Cianotti on the 2026 market 14th- Imagination is a skill, how to keep it sharp 15th- This whole fraud thing in MN is tied in to Islamic communities 16th- when you immigrate the 3rd world, you get the 3rd world - Rush Limbaugh
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured A heartbreaking Wall Street Journal report from McDowell County, West Virginia exposes the limits—and unintended consequences—of decades of anti-poverty programs. Billions in federal spending, from welfare to Medicare and Medicaid, have failed to revive a county that's lost nearly 70% of its population. Instead, dependency has replaced aspiration, and entire towns are fading away. In this episode, Chris revisits Appalachia, the legacy of LBJ's Great Society, and the harsh reality of economic decline. Drawing on Joseph Schumpeter's “creative destruction” and a blunt insight from comedian Sam Kinison, we ask the uncomfortable question: would it be better to help people move to opportunity rather than endlessly pouring money into places with no future—and even return some areas to nature?
Ken Burns has been making documentary films for almost fifty years. Since the Academy Award nominated Brooklyn Bridge in 1981, he has gone on to direct and produce some of the most acclaimed historical documentaries ever made, including The Civil War; Baseball; Jazz; The War; The National Parks: America's Best Idea; Prohibition; The Roosevelts: An Intimate History; The Vietnam War; Country Music; The U.S. and the Holocaust; The American Buffalo; and Leonardo da Vinci. Future film projects include Emancipation to Exodus, and LBJ & the Great Society, among others. Ken's films have been honored with dozens of major awards, including seventeen Emmy Awards, two Grammy Awards and two Oscar nominations. In September of 2008, at the News & Documentary Emmy Awards, Ken was honored by the Academy of Television Arts & Sciences with a Lifetime Achievement Award. In November of 2022, Ken was inducted into the Television Academy Hall of Fame. And we're thrilled to have Ken with us to discuss his latest masterpiece, The American Revolution. Got somethin' to say?! Email us at BackroomAndy@gmail.com Leave us a message: 845-307-7446 Twitter: @AndyOstroy Produced by Andy Ostroy, Matty Rosenberg, and Jennifer Hammoud @ Radio Free Rhiniecliff Design by Cricket Lengyel
Kingdom of God; Stuff posing as Church; Revelations from Genesis 37; Private interpretation; Knowledge vs Spirit; Meaning of words; Discovering where you're wrong - humility; Social safety net; "FDR"; "LBJ"; Civil Rights Act; Baptism; Pentecost; Corban through the Temple; King Jesus; Christ/Messiah; "Priest"; Melchizedek?; Abimelech?; Christ's public ministry; Reading bible guided by Holy Spirit; AI?; "Corban" = sacrifice; "Religion"; Family unit; First corporation; Blind man story; Tens; Subsidizing insurance companies; Corruption; Taking care of the needy; Sharing divine revelation; Joseph's dream; Homeschooling; Government funding churches?; Removing morality; Herdsmen with Jacob; 70 with Jacob?; Possessions?; Human resources; Majorities; Gen 37:2 Joseph shepherding brothers; Word order?; Right to choose to tithe; Freewill offerings; Living as Israel; Community-administered social safety nets; dalet-tav-nun; Adam and Eve hiding; appetite for benefits; Exercising authority over others; "Pious" performance of duty; Drinking from two wells?; Birth certificates; Fervent charity; Knowing what, where, when to give; resh-ayin-hey = feeding the sheep; Idolatry; Empowering kings; Gathering together; Tattle tale Joseph?; Laban's idolatry; Nature of government of Israel; Militia; Love = Charity; Masoretic text debate; Herod's free bread - by force; Leaven?; Following Christ; "Sachem"?; lamad+resh-ayin+vav+tav; Forced sacrifice; Declaration of Independence - not U.S.?; Consent of the governed; Bible about government; LBJ's Great Society; Beast welfare; Mark of God; Gaza?; Allow others their right to choose.
Do you know why you're living the style of life you're living? Do you know just how new it is, and what the modern western society has done to family? It's been a long march to get here, but the results have been devastating. Rory Groves joins us today to talk about the book their ministry is re-publishing, Henry and the Great Society, and why this is an important cultural message that we need to get into as many people's hands as possible. This podcast cuts to the very root of what's broken about modern, western society, and yet gives hope as Rory and Jeremy discuss how to return to a more normal, family- and community-centered approach to life. On this episode, we talk about: 0:00 Intro 0:49 Why Republish An Old Book 7:15 Why "The Great Society"? 12:14 Why We Still Assume Newer, Better, Faster Tech Is The Answer 17:56 What USED To Exist To Promote An Alternative Vision To "MORE" 22:41 Freedom As The Ultimate Value 31:21 The Solution To The Good Life 39:50 How To Make Decisions About Technology Follow Family Teams: Facebook: https://facebook.com/famteams Instagram: https://www.instagram.com/familyteams Website: https://www.familyteams.com Resources Mentioned: Henry and the Great Society: https://www.kickstarter.com/projects/gatherandgrow/henry-and-the-great-society Gather and Grow: https://gatherandgrow.us/ Durable Trades: https://www.thegrovestead.com/durabletrades/ The Family Economy: https://www.thegrovestead.com/familyeconomy/ Freedom Is Killing Our Liberty by AZ Adams: https://www.amazon.com/dp/B0F1TZN52S/ --- Hi, welcome to the Family Teams podcast! Our goal here is to help your family become a multigenerational team on mission by providing you with Biblically rooted concepts, tools and rhythms! Your hosts are Jeremy Pryor and Jefferson Bethke. Make sure to subscribe on Apple, Spotify, or YouTube so you don't miss out on future episodes!
A book from the 1960's clearly explained what was happening to dramatically restructure society. We can clearly see those changes today. Through gradualism America has been transformed over the last 70+ years and many don't realize it. Not only is technology working to make man obsolete, but the progressives have been working to fragment our families, so they can profit from our labor, while raising our children to believe in their "Brave New World." To sign up for the free newsletter and to order the book, go to: www.GatherandGrow.us
Jason discusses various economic and cultural trends impacting real estate investment. The core argument revolves around the decline in household size due to factors like lower marriage and fertility rates, the rise of feminism, and government policies like welfare programs, which consequently increases demand for housing units. Jason connects these societal changes to the desire of consumer product companies and taxing authorities to encourage single-person households and divorce to boost sales and tax revenue, respectively. Finally, he strongly advocates for direct investment in real estate over investing in syndications or funds, warning of potential fraud, incompetence, and excessive fees associated with those investment vehicles, citing a recent criminal indictment as an example, and arguing that when correctly calculated, real estate offers superior leveraged returns compared to the stock market or gold. Reach out to our investment counselors at 1-800-Hartman ext. 2 NOW! Check out our properties at https://www.jasonhartman.com/properties/ Analyze properties NOW. Get a FREE account at https://propertytracker.com/ today. https://fred.stlouisfed.org/ #HousingDemand #DecliningHouseholdSize #FewerPeoplePerHouse #FertilityDisaster #MarriageRateDecline #SecondWaveFeminism #BirthControlGamechanger #MediaFrenzy #EncouragingDivorce #ConsumerProducts #SellingMoreToasters #BrainwashingInstitutions #PublicSchools #NonFamilyHouseholds #LivingAlone #FatherlessHomes #AidToFamiliesWithDependentChildren #GreatSociety #RealEstateOpportunity #DirectInvestor #MaintainControl #CommandmentNumberThree Key Takeaways: 1:29 Changes in household size 7:17 Percentage of households by type 8:39 LBJ and "The Great Society" 10:20 The rise of living alone and the steady decline in household size 12:23 Median sale price year over year 13:06 Commandment #3 18:02 Current "guru" indicted 21:12 Asset price inflation since 2015 27:04 William Shakespeare and investing in income property today Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Send us a textWhat if the most “successful” version of your life is the one that brings your faith and family back to the center? We sit down with author and homesteader Rory Groves to rethink success through the lens of calling, freedom, and the family economy. Rory shares how moving from a tech career to a 10-acre homestead reshaped his metrics—from income and scale to presence, purpose, and work his kids can inherit. We unpack insights from Durable Trades, the research behind family-centered vocations that have endured for centuries, and why chasing scale can quietly cost the very life we set out to build.The heart of the conversation is culture-making at home. We talk about forming a clear family vision, choosing vocations that fit that vision, and placing wise boundaries around technologies that promise convenience but often tax relationships. That sets the stage for Rory's new season: launching a publishing house under Gather and Grow Ministries to get more accessible, story-driven resources into the world. First up is a revival of Henry and the Great Society, a short novel that follows a mid-century farming family as “progress” unravels their community. It's a moving, practical tool—complete with an updated afterword and discussion guide—to help families and churches ask hard questions, draw lines with conviction, and take first steps toward a resilient, home-centered life.If you've wondered how to prepare your teens for meaningful work without debt, how to resist fragile, consumption-driven living, or how to bring your household into shared labor that forms character, this conversation is your map and motivation. Support the all-or-nothing Kickstarter for Henry and the Great Society (ends November 6), start a group discussion, and share this episode with a friend who needs a hopeful reset. If this resonates, follow, rate, and leave a review to help more families find their footing—and tell us: what does success look like for your home?Henry and The Great Society by Gather & Grow — KickstarterVideo Version of the PodcastSupport the show
Tim Goeglein of Focus on the Family Sixty Years Later, the Moynihan Report Remains Prophetic Stumbling Toward Utopia Toward a More Perfect Union The post The Great Society, the Moynihan Report and Black American Families – Tim Goeglein, 8/25/25 (2373) first appeared on Issues, Etc..
Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four Thursday takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. Make America Safe Again violent crime in American cities, with Clay spotlighting disturbing incidents in Cincinnati and Memphis. He shares the story of Holly, a mother who was brutally attacked, and critiques the justice system’s failure to keep repeat offenders off the streets. Ohio Senator Bernie Moreno invited Holly to speak out about the crime. Clay praises Judge Jeanine Pirro and President Donald Trump for taking strong stances on law and order, including Trump’s proposal to federalize the D.C. police force and demand a new U.S. census to correct errors from 2020 and prepare for 2030. The show also explores the political debate over crime statistics, contrasting claims of declining crime rates with real-life safety concerns. Clay argues for empowering police, holding judges accountable, and ensuring cities like Washington D.C. and Memphis become safe again for families. American Dads are Failing A deep dive into the rising violent crime in Washington, D.C., spotlighting President Donald Trump's efforts to restore law and order in the capital. Drawing on historical symbolism, Clay reflects on the importance of capital cities, referencing Abraham Lincoln’s commitment to completing the Capitol dome during the Civil War and the newly announced reconciliation monument at Arlington Cemetery. The episode features a striking comparison of homicide rates in global capital cities, revealing Washington, D.C.’s alarming rate of 41 per 100,000—far higher than cities like Lima, Nairobi, and Mexico City. Clay argues that a safe and vibrant capital is essential to American exceptionalism and global leadership. The crisis of fatherlessness in America. Clay explores how the absence of fathers in households correlates with youth violence, poverty, and societal breakdown. He responds to listener feedback, emphasizing that while individual cases vary, the data overwhelmingly shows that intact families—especially with present fathers—lead to better outcomes. The discussion includes racial disparities, with Clay citing historical data showing stronger black family units prior to the Great Society programs and questioning the long-term impact of government dependency. Talking Left and Living Right The decline of fatherhood in American homes. Clay and listeners explore how absent fathers—across racial and socioeconomic lines—correlate with rising violent crime, poverty, and social instability. The discussion includes listener emails and calls, including one from Ralph in Cincinnati, who shares his personal struggle for equal custody and critiques the family court system’s bias toward mothers. Clay argues for 50/50 parenting time and criticizes the financial incentives that perpetuate divorce litigation. Clay promotes YouTube bonus content book reviews, including The Fate of the Day, a volume in the American Revolution trilogy, and thrillers by Mick Herron, Sue Grafton, and Robert Parker. Clay emphasizes the importance of reading and historical literacy for conservative audiences. SC Sen. Tim Scott on Faith South Carolina Senator Tim Scott, author of One Nation Always Under God: Profiles in Christian Courage, and dives deep into the crisis of fatherlessness in America, the role of faith in family life, and the impact of government policy on household dynamics. Senator Scott joins the program to discuss his book and personal journey growing up in a single-parent household. He highlights the importance of faith, family, and male role models in shaping strong communities. Scott shares statistics on fatherless homes—over 70% among African-American boys and 40% among white working-class families—and calls for a cultural and spiritual revival to restore family values. The hour also touches on President Trump’s call for a new census, which could shift congressional representation and electoral college influence toward red states. Clay explains how a corrected census could add seats in Florida and Texas while reducing representation in California and New York. In a lighter moment, Clay and Senator Scott discuss college football rivalries, with Scott predicting a strong season for the South Carolina Gamecocks. The conversation showcases Scott’s loyalty and enthusiasm for sports, adding a relatable and entertaining dimension to the hour. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
Victor Davis Hanson explains what this rhetoric really means, and why this racialized framing is not only intellectually hollow, but deeply dangerous for a pluralistic and Western democratic society on today's episode of “Victor Davis Hanson: In His Own Words.” “He believed that black students on test scores or GPA or by traditional criteria were not competitive with other groups … and therefore, you had to have a different type of vocabulary, a different type of approach for black students, in a way you wouldn't for other students. This is not gonna work. We have tried that for 50 or 60 years. And we've seen that the Great Society specialization and fixation on race did not work. “This is in the age of post-DEI, in a very reactionary, retrograde approach, that you're going to single out particular groups and you're going to emphasize particular plans, programs based on the color of their skin at a time when we're all trying to transcend it because when we have done that, it didn't work. It created tensions rather than alleviated them. It created suspicion and distrust rather than ending such things. It's a retrograde tribal thought that goes back to pre-civilizational ideas.
California secession :: Is it possible to secede? :: Is Idaho slightly racist? :: The Great Covid Migration :: Trump doesn't believe states are sovereign :: What kind of American are you? :: Did Roger Ver mess up? :: Can you choose to be stateless? :: Decriminalization better than legalization for marijuana :: Skeeter's new videos on YouTube :: ICE federal goons are scared they'll get their pictures taken :: Cops; technically homo sapiens but not human :: Path to citizenship really not clear and quite expensive :: Americans on welfare are also leeches :: Zoning moral questions :: Does Trump draw pictures? Ian found proof he does! :: LBJ's Great Society caused massive societal issues :: Crazy dems may get involuntarily committed :: Many homeless a result of the War On Drugs :: The cops are retards :: 2025-07-26 Hosts: Bonnie and Chris R
Founder of the Raising Capitalists Foundation and previous co-host of The Real Estate Guys Radio show, Russell Gray, joins Keith to discuss the historical and current devaluation of the U.S. dollar, its impact on investors, and the broader economic implications. Gray highlights how the significant increase in interest rates has trapped equity in properties and affected development. He explains the shift from gold-backed currency to paper money, the role of the Federal Reserve, and the impact of the Bretton Woods Agreement. Gray emphasizes the importance of understanding macroeconomic trends and advocates for Main Street capitalism to decentralize power and promote productivity. He also criticizes the idea of housing as a human right, arguing it leads to inflation and shortages. Resources: Connect with Russell Gray to learn more about his "Raising Capitalists" project and his plans for a new show. Follow up with Russell Gray to get a copy of the Beardsley Rummel speech transcript from 1946. follow@russellgray.com Show Notes: GetRichEducation.com/558 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: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, what's the real backstory on why we have this thing called the dollar? Why it keeps getting debased? What you can do about it and when the dollar will die? It's a lesson in monetary history. And our distinguished guest is a familiar voice that you haven't heard in a while. Today on get rich education. Mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with a better business bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com Russell Gray 1:54 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 2:10 Welcome to GRE from St John's Newfoundland to St Augustine, Florida and across 188 nations worldwide. I'm Keith weinholden. You are inside get rich education. It's 2025. The real estate market is changing. We'll get into that in future. Weeks today. Over the past 100 years plus, we've gone from sound money to Monopoly money, and we're talking about America's currency collapse. What comes next and how it affects you as both an investor and a citizen. I'd like to welcome in longtime friend of the show and someone that I've personally learned from over the years, because he's a brilliant teacher, real estate investors probably haven't heard his voice as much lately, because until last year, he had been the co host of the terrific real estate guys radio show for nearly 20 years. Before we're done today, you'll learn more about what he's doing now, as he runs the Main Street capitalist platform and is also founder of the raising capitalists foundation. Hey, it's been a few years. Welcome back to GRE Russell Gray. Russell Gray 3:19 yeah, it's fun. I actually think it's been maybe 10 years when I think about it, I remember I was at a little resort in Mexico recording with you, I think in the gym. It was just audio back then, no video. Keith Weinhold 3:24 Yeah, I remember we're trying to get the audio right. Then I think you've been here more recently than 10 years ago. But yeah, now there's this video component. I actually have to sit up straight and comb my hair. It's ridiculous. Well, Russ, you're also a buff of monetary history. And before we discuss that, talk about the state of the real estate market today, just briefly, from your vantage point. Russell Gray 1 3:55 I think the big story, and I'm probably not telling anybody anything they don't know, but the interest rate hike cycle that we went through this last round was quite a bit more substantial, I think, than a lot of people really appreciated, you know. And I started talking about that many years ago, because when you hit the zero bound and you have 6,7,8, years of interest rates below half a point, the change when they started that interest rate cycle from point two, 525 basis points all the way up to five and a quarter? That's a 20x move. And people might say, well, oh, you know, I go back to what Paul Volcker did way back in the day, when he took interest rates from eight or nine to 18. That was only a little bit more than double. Double is a far cry from 20x so we've never seen anything like that. Part of the fallout of that, as you know, is a lot of people wisely, and I was on the front end of cheerleading This is go get those loans refinanced and lock in that cheap money for as long as possible, because a loan will actually become an asset. The problem is, when you do that, you're kind of married to that property. Now it's not quite as bad. As being upside down in a property and you can't get out of it, but it's really hard to walk away from a two or 3% loan in a Six 7% market, because you really can't take your same payment and end up getting more house. And so that equity is kind of a little bit trapped, and that creates some opportunities, but I think that's been the big story, and then kind of the byproduct of the story. Second tier of the story was the impact it had on development, because it made it a lot harder for developers to develop, because their cost of funds and everything in that supply chain, food chain, you marry that to the 2020, COVID Supply Chain lockdown and that disruption, which, you know, you don't shut an economy down and just flick a switch and have it come back on. And so there's all of that. And then the third thing is just this tremendous uncertainty everybody has, because we just went from one extreme to another. And I think people, you know, they don't want to, like, rock the boat, they're going to kind of stay status quo for a little bit, whether they're businesses, whether they're homeowners, whether they're anybody out there that's thinking about moving them, unless life forces you to do it, you're going to try to stay status quo until things calm down. And I don't know how close we are to things calming down. Keith Weinhold 6:13 One word I use is normalized. Both the 30 year fixed rate mortgage and the Fed funds rate are pretty close to their long term historic average. It just doesn't feel that way, because it was that rate of increase in 2022 that caught a lot of people off guard, like you touched on Well, Russ, now that we've talked about the present day, let's go back in time, and then we'll slowly bring things up to the present day. The dollar is troubled. It's worth perhaps 3% of what it was 100 years ago, but it's still around since it was established in the Coinage Act of 1792 and it's still the world reserve currency. In fact, only three currencies have survived longer than the dollar, the British pound, the Japanese yen and the Swiss franc. So talk to us about this really relentless debasement of the dollar over time, including the creation of the Fed and the Bretton Woods Agreement and all that. Russell Gray 7:09 That's a big story, as you know, and I always like to try to break it down a little bit. One of my specialties I'd like to believe, is I speak macro and I speak Main Street. And so when I try to break macroeconomics down, I start out with, why do I even care? I mean, if I'm a main street investor, why do I even care? In 2008 as you know, is a wipeout for me. Why? Because I didn't think anything had happened in the macro I didn't think Wall Street bond market. I didn't think that affected me. One thing I really cared about was interest rates. And I had a cursory interest in the bond market. We just try to figure out where interest rates were going. But for the most part, I thought, as a main street real estate investor, I was 100% insulated. I couldn't have been more wrong, because it really does matter, because the value of the dollar, in other words, the purchasing power of the dollar, and usually you refer to that as inflation, right? If inflation is there, the dollar is losing its purchasing power, and so the higher the inflation rate, the faster you're losing that purchasing power. And you might say, well, maybe that matters to me. Maybe it does. But the people who make the money available to the mortgage community, right to the real estate community to borrow that comes out of the bond market. And so when people go to buy a bond, which is an IOU, they're going to get paid back in the currency that they lent in, in this case, dollars. And if they know, if they're making a long term investment in a long term bond, and they're going to get paid back in dollars, they're going to be worth a whole lot less when they get them back. One of the things they're going to want is compensation for that time risk, and that's called higher interest rates. Okay, so now, if you're a main street investor, and higher interest rates impact you, now you understand why you want to pay attention. Okay, so let's just start with that. And so once you understand that the currency is a derivative of money, and money used to be you mentioned the Coinage Act Keith money, which is gold, used to be synonymous with the dollar. The dollar was only a unit of measure of gold, 1/20 of an ounce. It was a unit of measure. So it's like, the way I teach people is, like, if you had a gallon of milk and you traded, I'm a farmer, and I had a lot of milk, and so everybody decided they were going to use gallons of milk as their currency. Hey, where there's a lot of gallons of milk. He's got a big refrigerator. We'll just trade gallons of milk. Hey, Keith, I really like your beef. I you know, will you sell me some, a side of beef, and I'll give you, you know, 100 gallons of milk, you know, like, Oh, that's great. Well, I can't drink all this milk, so I'm going to leave the milk on deposit at the dairy, and then later on, when I decide I want a suit of clothes, I'll say, well, that's 10 gallons of milk. So I'll give the guy 10 gallons of milk. So I just give him a coupon, a claim, a piece of paper for that gallon of milk, or 20 gallons of milk, and he can go to the dairy and pick it up, right? And so that's kind of the way the monetary system evolved, except it wasn't milk, it was gold. So now you got the dollar. Well, after a while, nobody's going to get the milk. They don't care about the milk. And so now. Now, instead of just saying, I'll give you a gallon of milk, you just say, well, I'll give you a gallon. And somebody says, Okay, that's great. I'll take a gallon. They never opened the jug up. They never realized the jug is empty. They're just trading these empty jugs that used to have milk in them. Well, that's what the paper dollar is today. It went from being a gold certificate payable to bearer on demand, a certain amount of gold, a $20 gold certificate, what looks exactly like a $20 FEDERAL RESERVE NOTE. Today they look exactly the same, except one says FEDERAL RESERVE NOTE, which is an IOU backed by nothing, and the other one said gold certificate, which was payable to bearer on demand, real money. So my point is, is he got money which is a derivative of the productivity, the beef, the soot, the milk, whatever, right? That's the real capital. The real capital is the goods and services we all want. Money is where we store the value of whatever it is we created until we want to trade it for something somebody else created later. And it used to be money and currency were one in the same, but now we've separated that. So now all we do is trade empty gallons, which are empty pieces of paper, and that's currency. So those are derivatives, and the last derivative of that chain is credit. And you had Richard Duncan on your show more than once, and he is famous for kind of having this term. We don't normally have capitalism. We have creditism, right? Everything is credit. Everything is claims on wealth, but it's not real wealth, and it's just when we look at what's going on with our current administration and the drive to become a productive rather than a financialized society, again, as part of this uncertainty that everybody has. Because this is not just a subtle little adjustment on the same course. This is like, No, we're we're going down a completely different path. But fundamentally, your system operates on this currency that is flowing through it, like the blood flowing through your body. And if the blood is bad, your body's sick. And right now, our currency is bad, and so it creates problems, not just for us, but all around the world. And now we're exacerbating that. And I'm not saying it's bad. In fact, I think it's actually it's actually good, but change is what it is, right? I mean, it can be really good to go to the gym and work out before we started recording, you talked about your commitment to fitness, and that if you stop working out, you get unfit, and it's hard to start up again. Well, we've allowed our economy to get very unfit. Now we're trying to get fit again, and it's going to be painful. We're going to be sore, but if we stick with it, I think we can actually kind of save this thing. So I don't know what that's going to mean for the dollar ultimately, or if we end up going to something else, but right now, to your point, the dollar is definitely the big dog still, but I think it's probably even more under attack today than it's ever been, and so it's just something I think every Main Street investor needs to pay attention to. Keith Weinhold 12:46 And it was really that 1913 creation of the Fed, where the Fed's mandates really didn't begin to take effect until 1914 that accelerated this slide in the dollar. Prior to that, it was really just periods of war, like, for example, the Civil War, where we had inflation rise, but then after wars abated, the dollar's strength returned, but that ceased to happen last century. Russell Gray 13:11 I think there's a much bigger story there. So when we founded the country, we established legal money in the Coinage Act of 1792 we got gold and silver and a specific unit of measure of gold, a specific unit, measure of silver was $1 and that's what money was constitutionally. Alexander Hamilton advocated for the first central bank and got it, but it was issued by Charter, which meant that it was operated by the permission of the Congress. It wasn't institutionalized. It wasn't embedded in the Constitution. It was just something that was granted, like a license. You have a charter to be able to run a bank. When that initial charter came up for renewal, Congress goes, now we're not going to renew it. Well, of course, that made the bankers really upset, because bankers have a pretty good gig, right? They get to just loan people money. They don't have to do any real work, and then they make money on just kind of arbitraging, you know, other people's money. Savers put their money in, and they borrowed the money out, and then they with fractional reserve, they're able to magnify that. So it's, it's kind of a cool gig. And so what happened? Then he had the first central bank, so then they got the second central bank, and the second central bank was also issued by charter this time when it came up for renewal, Congress goes, Yeah, let's renew it, right? Because the bankers knew we got to go buy a few congressmen if we want to keep this thing going. But President Andrew Jackson said, No, not going to happen. And it was a big battle. Is a famous quote of him just calling these bankers a brood of vipers. And I'm going to put you down. And God help me, I will, right? I mean, it was like intense fact, I do believe he got shot at one point. I think he died from lead poisoning, because he never got the bullet out. So, you know, when you go to up against the bankers, it's not pretty, but he succeeded. He was the last president that paid off all the debt, balanced budget, paid off all the debt, and we got kind of back on sound money. Well, then a little while later, said, Okay, we're going to need, like, something major, and this would. I should put on. I got my, this is my hat, right now, I'll kind of put it on. This is my, my tin foil hat. Okay? And so I put this on when I kind of go down the rabbit trail a little bit. No, I'm not saying this is what happened, but it wouldn't surprise me, right? Because I know that war is profitable, and so sometimes, you know, your comment was, hey, there's the bank, and then there was, you know, the war, or there's the war, then there's a bank, which comes first the chicken or the egg. I think there's an article where Henry Ford and Thomas Edison went to Congress. I think it was December. The article was published New York Tribune, December 4. I think 1921 you can look it up, New York Tribune, front page article Keith Weinhold 15:38 fo those of you in the audio only. Russ started donning a tin foil looking hat here about one minute ago. Russell Gray 15:45 I did, yeah, so I put it on. Just so fair warning. You know, I may go a little conspiratorial, but the reason I do that is I just, I think we've seen enough, just in current, modern history and politics, in the age of AI and software and freedom of speech and new media, there's a lot of weird stuff going on out there, but a lot of stuff that we thought was really weird a little while ago has turned out to be more true than we thought. When you look back in history, and you kind of read the official narrative and you wonder, you kind of read between the lines. You go, oh, maybe some stuff went on here. So anyway, the allegation that Ford made, smart guy, Thomas Edison, smart guy. And they go to Congress, and they go, Hey, we need to get the gold out of the banker's hands, because gold is money, and we need money not to revolve around gold, because the bankers control gold. They control the money, and they make profits, his words, not mine, by starting wars, because he was very upset about World War One, which happened. We got involved right after Fed gets formed in 1913 World War One starts in 1914 the United States sits off in the background and sells everybody, everything. It collects a bunch of gold, and then enters at the end and ends it all. And that big influx created the roaring 20s, as we all know, which ended big boom to big bust. And that cycle, which then a crisis that created, potentially a argument for why the government should have more control, right? So you kind of go down this path. So we ended up in 1865 with President Lincoln suppressing states rights and eventually creating an unconstitutional income tax and then creating an unconstitutional currency. That's what Abraham Lincoln did. And then on the back end of that, you know, it didn't end well for him, and I don't know why, but all I know is that we had a financial crisis in 1907 and the solution to that was the Aldrich plan, which was basically a monopoly on money. It's called a money trust. And Charles Lindbergh, SR was railing against it, as were many people at the time, going, No, this is terrible. So they renamed the Aldrich plan the Federal Reserve Act. And instead of going for a bank charter, they went for a constitutional amendment, and they got it in the 16th Amendment, and that's where we got the IRS. That's where we got the income tax, which was only supposed to be 7% only affect like the top one or 2% of earners, right? And that's where we got, you know, the Federal Reserve. That's where all that was born. Since that happened, to your point, the dollar has been on with a slight little rise up in the 20s, which, you know, there's a whole thing about whether that caused the crash or not. But at the end of the day, if you go look at St Louis Fed, which you go look at all the time, and you just look at the long term trend of the dollar, it's terrible. And the barometer, that's gold, right? $20 of gold in 1913 and 1933 and then 42 in 1971 or two, whatever it was, three, and then eventually as high as 850 but at the turn of the century, this century, it was $250 so at $2,500 it would have lost 90% in the 21st Century. The dollars lost 90% in the 21st Century, just to 2500 that's profound to go. That's right, it already lost more than 90% from $20 to 250 so it lost 90% and then 90% of the 10% that was left. And that's where we're at. We're worse than that. Today, no currency, as far as I understand, I've been told this. Haven't done the homework, but it's my understanding, no currency in the history of the world has ever survived that kind of debasement. So I think a lot of people who are watching are like, okay, it's not a matter of if, it's a matter of when. And then the big question is, is when that when comes? What does the transition look like? What rises in its place? And then you look at things like a central bank digital currency, which is not like Bitcoin, it's not a crypto, it's a centrally controlled currency run by the central bank. If we get that, I would argue that's not good for privacy and security. Could be Bitcoin would be better. I would argue, could go back to gold backing, which I would say is better than what we have, or we could get something nobody's even thought of. I don't know. We don't know, but I do think we're at the end of the life cycle. Historically, all things being equal. And I think all the indication with a big run up of gold, gold is screaming something's broken. It's just screaming it right now, not just because the price is up, but who's buying it. It's just central banks. Keith Weinhold 20:12 Central banks are doing most of the buying, right? It's not individual investors going to a coin shop. So that's really screaming, telling you that people are concerned. People are losing their faith in giving loans to the United States for sure. And Russ, as we talk about gold, and it's important link to the dollar over time, you mentioned how they wanted it, to get it out of the bank's hands for a while. Of course, there was also a period of time where it was illegal for Americans to own gold. And then we had this Bretton Woods Agreement, which was really important as well, where we ended up violating promises that had to do with gold again. So can you speak to us some more about that? Because a lot of people just don't understand what happened at Bretton Woods. Russell Gray 20:56 What happened is we had the big crash in 1929 and the net result of that was, in 1933 we got executive order 6102 In fact, I have a picture of it framed, and that was in the wake of that in 1933 and so what Franklin Delano Roosevelt did in signing that document, which was empowered by a previous act of Congress, basically let him confiscate all The money. It'd be like right now if, right now, you know, President Trump signed an executive order and said, You have to take all your cash, every all the cash that you have out of your wallet. You have to send it all, take it into the bank, and they're going to give you a Chuck E Cheese token, right? And if you don't do it, if you do it, it's a $500,000 fine in 10 years in prison. Right? Back then it was a $10,000 fine, which was twice the price of the average Home huge fine, plus jail time. That's how severe it was, okay? So they confiscated all the money. That happened in 33 okay? Now we go off to war, and we enter the war late again. And so we have the big manufacturing operation. We're selling munitions and all kinds of supplies to everybody, all over the world, right? And we're just raking the gold and 20,000 tons of gold. We got all the gold. We got the biggest army now, we got the biggest bomb, we got the biggest economy. We got the strongest balance sheet. Well, I mean, you know, we went into debt for the war, but, I mean, we had a lot of gold. So now everybody else is decimated. We're the big dog. Everybody knows we're the big dog. Nine states shows up in New Hampshire Bretton Woods, and they have this big meeting with the world, and they say, Hey guys, new sheriff in town. Britain used to be the world's reserve currency, but today we're going to be the world's reserve currency. And so this was the new setup. But it's okay. It's okay because our dollar is as good as gold. It's backed by gold, and so anytime you want foreign nations, you can just bring your dollars to us and we'll give you the gold, no problem. And everyone's like, okay, great. What are you going to say? Right? You got the big bomb, you got the big army. Everybody needs you for everything to live like you're not going to say no. So they said, Yes, of course, the United States immediately. I've got a speech that a guy named Beardsley Rummel did. Have you ever heard me talk about this before? Keith, No, I've never heard about this. So Beardsley Rummel was the New York Fed chair when all this was happening. And so he gave a speech to the American Bar Association in 1945 and I got a transcript of it, a PDF transcript of it from 1946 and basically he goes, Look, income taxes are obsolete. We don't need income tax anymore because we can print money, because we're off the gold standard and we have no accountability. We just admitted it, just totally admitted it, and said the only reason we have income tax is to manipulate behavior, is to redistribute wealth, is to force people to do what we want them to do, punish things and reward others, right? Just set it plain language. I have a transcript of the speech. You can get a copy of you send an email to Rummel R U, M, L@mainstreetcapitalist.com I'll get it to you. So it's really, really interesting. So he admitted it. So we went along in the 40s and the 50s, and, you know, we had the only big manufacturing you know, because everybody else is still recovering from the war. Everything been bombed to smithereens, and we're spending money and doing all kinds of stuff. And having the 50s, it was great, right, right up until the mid 60s. So the mid 60s, it's like, Okay, we got a problem. And Charles de Gaulle, who was the president of France at the time, went to a meeting. And there's a YouTube video, but you can see it, he basically told the world, hey, I don't think the United States is doing a good job managing this world's reserve currency. I don't think they've got the gold. I think they printed too much money. I think that we should start to go redeem our dollars and get the gold. That was pretty forward thinking. And he created a run on the bank. And at the same time, we passed the Coinage Act in 1965 and took all the silver out of the people's money. So we took the gold in 33 and then we took the silver in 65 right? Because we got Vietnam and the Great Society, welfare, all these things were going on in the 60s. We're just going broke. Meanwhile, our gold supply went from 20,000 tons down to eight and Richard. Nixon is like, whoa, time out. Like, this is bad. And so we had inflation in 1970 August 15, 1971 year before August 15, 1971 1970 Nixon writes an executive order and freezes all prices and all wages. It became illegal by presidential edict for a private business to give their employee a raise or to raise their prices to the customers. Keith Weinhold 25:30 It's almost if that could happen price in theUnited States of America, right? Russell Gray 25:36 And inflation was 4.4% and it was a national emergency like today. I mean, you know, a few years ago, like three or four years ago, we if we could get it down 4.4% it'd be Holly. I'd be like a celebration. That was bad. And so that's what happened. So a year later, that didn't work. It was a 90 day thing. It was a disaster. And so in a year later, August 15, 1971 Nixon came on live TV after Gunsmoke. I think it was, and I was old enough I'm watching TV on a Sunday night I watched it. Wow. So I live, that's how old I am. So it's a lot of this history, not the Bretton Woods stuff, but from like 1960 2,3,4, forward. I remember I was there. Keith Weinhold 26:13 Yeah, that you remember the whole Nixon address on television. We should say it for the listener that doesn't know. Basically the announcement Nixon made, he said, was a temporary measure, is that foreign nations can no longer redeem their dollars for gold. He broke the promise that was made at Bretton Woods in about 1945 Russell Gray 26:32 Yeah. And then gold went from $42 up to 850 and a whole series of events that have led to where we're at today were put in place to cover up the fact that the dollar was failing. We had climate emergency. We were headed towards the next global Ice Age. We had an existential threat in two different diseases that hit one right after the other. First one was the h1 n1 flu, swine flu, and then the next thing was AIDS. And so we had existential pandemic, two of them. We also had a oil shortage crisis. We were going to run out of fossil fuel by the year 2000 we had to do all kinds of very public, visible, visceral things that we would all see. You could only buy gas odd even days, like, if your license plate ended in an odd number, you could go on these days, and if it ended on an even number, you could go on the other days. And so we had that. We lowered our national speed limit down to 55 miles an hour. We created the EPA and all these different agencies under Jimmy Carter to try to regulate and manage all of this crisis. Prior to that, Nixon sent Kissinger over to China, and we opened up trade relations. And we'd been in Vietnam to protect the world from communism because it was so horrible. And then in the wake of that, we go over to Communist China, Chairman Mao and open up trade relations. Why we needed access to their cheap labor to suck up all the inflation. And we went over to the Saudis, and we cut the petro dollar deal. Why? Because we needed the float. We needed some place for all these excess dollars that we had created to get sucked up. And so they got sucked up in trading the largest commodity in the world, energy. And the deal was, hey, Saudis, here's the deal. You like your kingdom? Well, we got the big bomb. We got the big army. You're going to rule the roost in the in the Middle East, and we'll protect you. All you got to do is make sure you sell all your oil in dollars and dollars only. And they're like, Well, what if we're selling oil to China, or what if we're selling oil to Japan? Can they pay in yen? Nope, they got to sell yen. Buy dollars. Well, what do we do with all these dollars? Buy our treasuries. Okay, so what if I got this? Yeah, and so that was the petrodollar system. And the world looked at everything went on, and the world is like, Hmm, the United States coming back to Europe, and Charles de Gaulle, they're like, the United States is not handling this whole dollar thing real well. We need an alternative. What if all of us independent nations in Europe got together and created a common currency? We don't want to be like one country, like the United States, but we want to be like an economic union. So let's create a current let's call it the euro. And they started that process in the 70s, but they didn't get it done till 99 and so they get it done in 99 as soon as they get it done, this guy named Saddam Hussein goes, Hey, I'm now the big dog here. I got the fourth largest army in the world. I'm here in, you know, big oil producing nation. Let's trade in the euro. Let's get off the dollar. Let's do oil in the euro. And he's gone. I'm not sure I should put my hat back on. I'm not sure, but somehow we went into Afghanistan and took a hard left and took this guy out. Keith Weinhold 29:44 Some credence to this. Yes, yeah, so. But with that said, Russell Gray 29:47 you know, we ended up with the Euro taking about 20% of the global trade market from the United States, which is about where it sits today. And the United States used to be up over 80% and now we're down below 60% still. The Big Dog by triple and the euro is not in a position to supplant the US, but I think China, whose claim to fame is looking at other people's technology and models and copying it, looked at what the United States did to become the dominant economic force, and I think they've systematically been copying it. I wrote a report on this way back in 2013 when I started really paying attention to it and began to chronicle all the things that they were doing, this big D dollarization movement that I think still has legs. It's the BRICS movement. It's all the central banks buying gold. It's the bilateral trade agreements where people are doing business outside the dollar. There's been not just that, but also putting together the infrastructure, right? The Asian Infrastructure Bank is an alternative to the IMF looking, if you have you read Confessions of an economic hitman. No. Okay, so this is a guy that used to work in the government, I think, CIA or something, and he would go down and he'd cut deals with leaders of countries to get them to borrow from the United States to put in key infrastructure so they could trade with the US. And then, of course, if they defaulted, then the US owned that in the infrastructure. You can look it up. His name is Perkins, right. Look it up confessions of economic hit now, but you see China doing the same thing. China's got their Belt and Road Initiative. And you go through, and if you want to trade with China on that route, you have traded, you're gonna have to have infrastructure. You can eat ports. You're gonna need terminals for distribution. But you, Oh, you don't have the money. We'll loan it to you, and we'll loan it to you and you want. Now we're creating demand for you want, and we also are enslaving borrower servant to the lender. We're beginning to enslave these other nations under the guise of helping them by financing their growth so they can do business with us. It's the same thing the United States did and Shanghai Gold Exchange, as opposed to the London Bullion exchange. So all of the key pieces of infrastructure that were put in place to facilitate Western hegemony in the financial markets the Chinese have been systematically putting in place with bricks, and so there's a reason we're in this big trade war right now. We recognize that they had started to get in a position where they were actually a real threat, and we got to cut their legs out from underneath them before they get any stronger. Again, I should put my hat back on. Nobody's calling me up and telling me, I'm just reading between the lines. Sure, Keith Weinhold 32:23 there certainly are more competitors to the dollar now. And can you imagine what rate of inflation that we would have had if we had not outsourced our labor and productivity over to a low wage place like China in the east? Russ and I have been talking about the long term debasement of the dollar and why. More on that when we come back, including what Russ is up to today. You're listening to get rich education. Our guest is Russell Gray. I'm your host, Keith Weinhold, 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 that's Ridge lendinggroup.com. You know what's crazy? Your bank is getting rich off of you. 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Get rich education with Keith Weinhold, don't quit your Daydream. Keith Weinhold 34:52 Welcome back to get rich education. We're talking with the main street capitalists Russell gray about this long term debasement of the dollar. It's an. Inevitable. It's one of the things we actually can forecast with pretty good predictability that the dollar will continue to debase. It's one of the few almost guarantees that we have in investing. So we can think about how we want to play that Russ one thing I wonder about is, did we have to completely de peg the dollar from gold? Couldn't we have just diluted it where we could instead say, Well, hey, now, instead of just completely depegging the dollar from gold, we could say, well, now it takes 10 times as many dollars as it used to to redeem it for an ounce of gold. Did it make it more powerful that we just completely de pegged it 100% Russell Gray 35:36 it would disempower the monopoly. Right? In other words, I think that the thing from the very beginning, was scripted to disconnect from the accountability of gold, which is what sound money advocates want. They want some form of independent Accountability. Gold is like an audit to a financial system. If you're the bankers and you're running the program, the last thing in the world you want is a gold standard, because it limits your ability to print money out of thin air and profit from that. So I don't think the people who are behind all of this are, in no way, shape or form, interested in doing anything that's going to limit their power or hold them accountable. They want just the opposite. I think if they could wave a magic wand and pick their solution to the problem, it would be central bank digital currency, which would give them ultimate control. Yeah. And it wouldn't surprise me if we maybe, perhaps, were on a path where some crises were going to converge, whether it's opportunistic, meaning that the crisis happened on its own, and quote Rahm Emanuel and whoever he was quoting, you know, never let a good crisis go to waste, and you're just opportunistic, or, you know, put the conspiracy theory hat on, and maybe these crises get created in order to facilitate the power grab. I don't know. It really doesn't matter what the motives are or how it happens at the end of the day, it's what happens. It happened in 33 it happened in 60. In 71 it's what happens. And so it's been a systematic de pegging of any form of accountability. I mean, we used to have a budget ceiling. We used to talk about now it's just like, it's routine. You blow right through it, right, right. There's you balance. I mean, when's the last time you even had a budget? Less, less, you know, much less anything that looked like a valid balanced budget amendment. So I think there's just no accountability other than the voting booth. And, you know, I think maybe you could make the argument that whether you like Trump or not, the public's apparent embrace of him, show you that the main street and have a lot of faith in Main Street. I think Main Street is like, you know what? This is broken. I don't know what's how to fix it, but somebody just needs to go in and just tear this thing down and figure out a new plant. Because I think if you anybody paying attention, knows that this perpetual debasement, which is kind of the theme of the show is it creates haves and have nots. Guys like you who understand how to use real estate to short the dollar, especially when you marry it to gold, which is one of my favorite strategies to double short the dollar, can really magnify the power of inflation to pull more wealth onto your balance sheet. Problem is the people who aren't on that side of the coin are on the other side of the coin, and so the poor get poorer and the rich get richer. Well, the first order of business in a system we can't control is help as many people be on the rich get richer. That's why we had the get rich show, right? Let's help other people get rich. Because if I'm the only rich guy in the room, all the guns are pointed at me, right? I wanted everybody as rich as possible. I think Trump and Kiyosaki wrote about that in their book. Why we want you to be rich, right? When everybody's prospering, it's it's better, it's safer, you have people to trade with and whatnot, but we have eviscerated the middle class because industry has had to go access cheap labor markets in order to compensate for this inflation. And you know, you talk about the Fed mandate, which is 2% inflation, price inflation, 2% so if you say something that costs $1 today, a year from now, is going to cost $1 too, you think, well, maybe that's not that bad. But here's the problem, the natural progression of Business and Technology is to lower the cost, right? So you have something cost $1 today, and because somebody's using AI and internet and automation and robots and all this technology, right? And the cost, they could really sell it for 80 cents. And so the Fed looks at and goes, Let's inflate to $1.02 that's not two cents of inflation. That's 22 cents of inflation. And so there's hidden inflation. The benefits of the gains in productivity don't show up in the CPI, but it's like deferred maintenance on an apartment building. You can make your cash flow look great if you're not setting anything aside for the inevitable day when that roof is going to go out and that parking lot is going to need to be repaved, right? And you don't know how far out you are until you get there and you're like, wow, I'm really short, and I think that we have been experiencing for decades. The theft of the benefit of our productivity gains, and we're not just a little bit out of position. We're way out of position. That's Keith Weinhold 40:07 a great point. Like I had said earlier, imagine what the rate of inflation would be if we hadn't outsourced so much of our labor and productivity to low cost China. And then imagine what the rate of inflation would be as well, if you would factor in all of this increased productivity and efficiency, the natural tendencies of which are to make prices go lower as society gets more productive, but instead they've gone higher. So when you adjust for some of these factors, you just can't imagine what the true debased purchasing power of the dollar is. It's been happening for a long time. It's inevitable that it's going to continue to happen in the future. So this has been a great chat about the history and us understanding what the powers that be have done to debase our dollar. It's only at what rate we don't know. Russ, tell us more about what you're doing today. You're really out there more as a champion for Main Street in capitalism. Russell Gray 41:04 I mean, 20 years with Robert and the real estate guys, and it was fantastic. I loved it. I went through a lot, obviously, in 2008 and that changed me a little bit. Took me from kind of being a blocking and tackling, here's how you do real estate, and to really understanding macro and going, you know, it doesn't matter. You can do like I did, and you build this big collection. Big collection of properties and you lose it all in a moment because you don't understand macro. So I said, Okay, I want to champion that cause. And so we did that. And then we saw in the 2012 JOBS Act, the opportunity for capital raisers to go mainstream and advertise for credit investors. And I wrote a report then called the new law breaks Wall Street monopoly. And I felt like that was going to be a huge opportunity, and we pioneered that. But then after my late wife died, and I had a chance to spend some time alone during COVID, and I thought, life is short. What do I really want to accomplish before I go? And then I began looking at what was going on in the world. I see now a couple of things that are both opportunities and challenges or causes to be championed. And one is the mega trend that I believe the world is going you know, some people call it a fourth turning whatever. I don't consider that kind of we have to fall off a cliff as Destiny type of thing to be like cast in stone. But what I do see is that people are sick and tired of monopolies. We're sick and tired of big tech, we're sick and tired of big media, we're sick and tired of big government. We're sick and tired of big corporations, we don't want it, and big banks, right? So you got the rise of Bitcoin, you got people trying to get out from underneath the Western hegemony, as we've been talking about decentralization of everything. Our country was founded on the concept of decentralization, and so people don't understand that, right? It used to be everything was centralized. All powers in the king. Real Estate meant royal property. That's what real estate it's not like real asset, like tangible it's royal estate. It's royal property. Everything belonged to the king, and you just got to work it like a serf. And then you got to keep 75% in your produce, and you sent 25% you sent 25% through all the landlords, the land barons, and all the people in the hierarchy that fed on running things for the king, but you didn't own anything. Our founder set that on, turn that upside down, and said, No, no, no, no, no, it's not the king that's sovereign. It's the individual. The individual is sovereign. It isn't the monarchy, it's the individual states. And so we're going to bring the government, small. The central government small has only got a couple of obligations, like protect the borders, facilitate interstate commerce, and let's just have one common currency so that we can do business together. Other than that, like, the state's just going to run the show. Of course, Lincoln kind of blew that up, and it's gotten a lot worse after FDR, so I feel like we're under this big decentralization movement, and I think Main Street capitalism is the manifestation of that. If you want to decentralize capitalism, the gig economy, if you want to be a guy like you, and you can run your whole business off your laptop with a microphone and a camera, you know, in today's day and age with technology, people have tasted the freedom of decentralization. So I think the rise of the entrepreneur, I think the ability to go build a real asset portfolio and get out of the casinos of Wall Street. I think right now, if we are successful in bringing back these huge amounts of investment, Trump's already announced like two and a half or $3 trillion of investment, people are complaining, oh, the world is selling us. Well, they're selling stocks and they're selling but they're putting the money actually into creating businesses here in the United States that's going to create that primary driver, as you well know, in real estate, that's going to create the secondary and tertiary businesses, and the properties they're going to use all kinds of Main Street opportunity are going to grow around that. I lived in Silicon Valley, when a company would get funded, it wasn't just a company that prospered, it was everything around that company, right? All these companies. I remember when Apple started. I remember when Hewlett Packard, it was big, but it got a lot bigger, right there. I watched all that happen in Silicon Valley. I think that's going to happen again. I think we're at the front end of that. And so that's super exciting. Wave. The second thing that is super important is this raising capitalist project. And the reason I'm doing it is because if we don't train our next generation in the principles of capitalism and the freedom that it how it decentralizes Their personal economy, and they get excited about Bitcoin, but that's not productive. I'm not putting it down. I'm just saying it's not productive. You have to be productive. You want to have a decentralized currency. Yes, you want to decentralize productivity. That's Main Street capitalism. If kids who never get a chance to be in the productive economy get to vote at 1819, 2021, 22 before they've ever earned a paycheck, before they have any idea, never run a business. Somebody tells them, hey, those guys that have all that money and property, they cheated. It's not fair. We need to take from them. We need to limit them, not thinking, Oh, well, if I do that, when I get to be there, that what I'm voting for is going to get on me. Right now, Keith, there are kids in ninth grade who are going to vote for your next president, right? Keith Weinhold 45:56 And they think capitalism is evil. This is part of what you're doing with the raising capitalists project, helping younger people think differently. Russ, I have one last thing to ask you. This has to do with the capitalism that you're championing on your platforms now. And real estate, I continue to see sometimes I get comments on my YouTube channel, especially maybe it's more and more people increasingly saying, Hey, I think housing should be a human right. So talk to us about that. And maybe it's interesting, Russ, if I take the other side of it and play devil's advocate, people who think housing is a human right, they say something like, the idea is that housing, you know, it's a fundamental need, just like food and clean water and health care are without stable housing. It's incredibly hard for a person to access opportunities like work and education or health care or participate meaningfully in society at all. So government ought to provide housing for everybody. What are your thoughts there? Russell Gray 46:54 Well, it's inherently inflationary, which is the root cause of the entire problem. So anytime you create consumption without production, you're going to have more consumers than producers, and so you're going to have more competition for those goods. The net, net truth of what happens in that scenario are shortages everywhere. Every civilization that's ever tried any form of system where people just get things for free because they need them, end up with shortages in poverty. It doesn't lift everybody. It ruins everything. I mean, that's not conjecture. That's history, and so that's just the way it works. And if you just were to land somebody on a desert island and you had an economy of one, they're going to learn really quick the basic principles of capitalism, which is production always precedes consumption, always 100% of the time, right? If you're there on that desert island and you don't hunt fish or gather, you don't eat, right? You don't get it because, oh, it's a human right to have food. Nope, it's a human right to have the right to go get food. Otherwise, you're incarcerated, you have to have the freedom of movement to go do something to provide for yourself, but you cannot allow people to consume without production. So everybody has to produce. And you know, if you go back to the Plymouth Rock experiment, if you're familiar with that at all, yeah, yeah. So you know, just for anybody who doesn't know, when the Pilgrims came over here in the 1600s William Bradford was governor, and they tried it. They said, Hey, we're here. Let's Stick Together All for one and one for all. Here's the land. Everybody get up every day and work. Everybody works, and everybody eats. They starved. And so he goes, Okay, guys, new plan. All right, you wine holds. See this little plot of land, that's yours. You work it. You can eat whatever you produce. Over there, you grace. You're going to do yours and Johnson's, you're going to do yours, right? Well, what happened is now everybody got up and worked, and they created more than enough for their own family, and they had an abundance. And the abundance was created out of their hunger. When they went to serve their own needs, they created abundance forever others. That's the premise of capitalism. It's not the perfect system. There is no perfect system. We live in a world where human beings have to work before they get to eat. When I say eat, it could be having a roof over their head. It could be having clothes. It could be going on vacation. It could be having a nice car. It could be getting health care. It doesn't matter what it is, whatever it is you need. You have the right, or should have, the right, in a free system to go earn that by being productive, but the minute somebody comes and says, Oh, you worked, and I'm going to take what you produced and give it to somebody else who didn't, that's patently unfair, but economically, it's disastrous, because it incentivizes people not to work, which creates less production, more consumption. I have another analogy with sandwich makers, but you can imagine that if you got a group if you got a group of people making sandwiches, one guy starts creating coupons for sandwiches. Well then if somebody says, Okay, well now we got 19 people providing for 20. That's okay, but then all the guys making sandwiches. Why making sandwiches? I'm gonna get the coupon business pretty soon. You got 18 guys doing coupons, only two making sandwiches. Not. Have sandwiches to go around all the sandwiches cost tons of coupons because we got way more financialization than productivity, right? That's the American economy. We have to fix that. We can't have people making money by just trading on other people's productivity. We have to have people actually being productive. This is what I believe the administration is trying to do, rebuild the middle class, rebuild that manufacturing base, make us a truly productive economy, and then you don't have to worry about these things, right? We're going to create abundance. And if you don't have the inflation is which is coming from printing money out of thin air and giving to people who don't produce, then housing, all sudden, becomes affordable. It's not a problem. Health care becomes affordable. Everything becomes affordable because you create abundance, because everybody's producing the system is fundamentally broken. Now we have to learn how to profit in it in its current state, which is what you teach people how to do. We also have to realize that it's not sustainable. We're on an unsustainable path, and we're probably nearing that event horizon, the path of no return, where the system is going to break. And the question is, is, how are you going to be prepared for it when it happens? Number two, are you going to be wise enough to advocate when you get a chance to cast a vote or make your voice heard for something that's actually going to create prosperity and freedom versus something that's going to create scarcity and oppression? And that's the fundamental thing that we have to master as a society. We got to get to our youth, because they're the biggest demographic that can blow the thing up, and they're the ones that have been being indoctrinated the worst. Keith Weinhold 51:29 Yes, Fed Chair Jerome Powell himself said that we live in a economic system today that is unsustainable. Yes, the collectivism we touched on quickly descends into the tyranny of the majority. And in my experience, historically, the success of public housing projects has been or to mixed at best, residents often don't respect the property when they don't have an equity stake in it or even a security deposit tied up in it, and blight and high crime rates have often followed with these public housing projects. When you go down that path of making housing as a human right, like you said earlier, you have a right to go procure housing for yourself, just not to ask others to pay for it for you. Well, Russ, this has been great. It's good to have your voice back on the show. Here again, here on a real estate show. If people want to connect with you, continue to see what you've been up to and the good projects that you're working on, promoting the virtues of capitalism. What's the best way for them to do that? Russell Gray 52:31 I think just send an email to follow at Russell Gray, R, U, S, S, E, L, L, G, R, A, y.com, let you know where I am on social media. I'll let you know when I put out new content. I'll let you know when I'm a guest on somebody somebody's show and I'm on the cusp of getting my own show finally launched. I've been doing a lot of planning to get that out, but I'm excited about it because I do think, like I said, The time is now, and I think the marketplace is ripe, and I do speak Main Street and macro, and I hope I can add a nuance to the conversation that will add value to people. Keith Weinhold 53:00 Russ, it's been valuable as always. Thanks so much for coming back onto the show. Thanks, Keith. Yeah, terrific, historic outline from Russ about the long term decline of the dollar. It's really a fresh reminder and motivator to keep being that savvy borrower. Of course, real estate investors have access to borrow giant sums of dollars and short the currency that lay people do not. In fact, lay people don't even understand that it's a viable strategy at all. Like he touched on, Russ has really been bringing an awareness about how decentralization is such a powerful force that reshapes society. In fact, he was talking about that the last time that I saw him in person a few months ago. Notably, he touched on Nixon era wage and price controls. Don't you find it interesting? Fascinating, really, how a few weeks ago, Trump told Walmart not to pass tariff induced price increases onto their customers. Well, that's a form of price control that we're seeing today to our point, when we had the father of Reaganomics, David Stockman here on the show, five weeks ago, tariffs are already government intervention into the free market, and then a president telling private companies how to set their prices, that is really strong government overreach. I mean, I can't believe that more people aren't talking about this. Maybe that's just because this cycle started with Walmart, and that's just doesn't happen to be a company that people feel sorry for. Hey, well, I look forward to meeting you in person in Miami in just four days, as I'll be a faculty member for when we kick off the terrific real estate guys Investor Summit and see and really getting to know you, because we're going to spend nine days together. Teaching, learning and having a great time on a cruise ship in the Caribbean. Until then, I'm your host. Keith Weinhold, don't quit your Daydream. 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