Saturday, 26 June 2010

John Loeffler, Steel on Steel; 2+2=4;Newt Gingrich "To Save America."; Long-term implications Gulf oil spill; nature of truth,




06/26/2010

2+2=4


The country is about to discover that all debts must be paid sooner or later and that 2+2-=4 no matter what politicians want it to be. Former Speaker of the House Newt Gingrich joins us for the first part of the program to discuss his new book, "To Save America."

So let's assume we have a moratorium on drilling in the Gulf of Mexico. Are all those oil rigs just going to sit there taking tremendous losses or go elswhere? If they go elsewhere, are they coming back since rigs are in shortage right now and high global demand? Few media are noticing the long-term implications of short -term, knee-jerk political reactions to the Gulf oil spill. Dan Kish, from the Institue for Energy Research reports.

John's boralogue continues thoughts on the nature of truth we began on last week's show.