Senior Fellow William F. Shughart discusses financial developments at General Motors and Chrysler, the real issues at stake in the TARP debate, and how Obamas bailouts are negatively affecting the limping economy.
Senior Fellow Robert Higgs is interviewed here by Scott Horton on Antiwar.com Radio, warning those who long for total governmental and economic collapse to be careful what they wish for. Higgs also explains why federal spending cannot continue at the current record levels without a failure of the bond market. He further compares the military and economic over-extension of the Soviet Union prior to its collapse to the United States as a warning against rampant spending by the government.
Originally aired on 1/5/10 on CTV. Ivan Eland, Senior Fellow at the Independent Institute, expresses concern over the new TSA airport security measures and their impact on both civil liberties and the airline industry.