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On today’s episode of the Two Mikes Colonel Mike and Dr. Mike had the pleasure of discussing the U.S. economy and politics with renowned Libertarian and financial expert Murray Sabrin. Dr. Sabrin started by explaining that the idea of non-intervention applies to the domestic economy as well as the nation’s foreign policy. Both are better off when the federal government does not align itself with interventionism. On the domestic economic front, he reminded us that we live in a profit-and-loss economy, success and bankruptcy are both common occurrences, and that is a natural outcome in a capitalist economy where the consumer is ultimately the proper judge of success or failure for all companies. If a company is going to fail, it is because the consumers’ have decided that its products are over-priced or inferior in quality. In that circumstance, the business must choose for itself between improving their product quality and moderating prices, or simply closing shop. The wrench is the system, naturally enough, is the federal government which far too often interferes and subsidizes failing businesses thereby making matters worse with economic costs increasing and taxpayer dollars wasted. In a profit-and-loss economy, like
America’s, a national government policy of non-intervention in the national economy invariably
produces a decline in poverty, improved products, additional jobs, and the success of better run
companies and reasonably priced products.
On foreign policy, the fruits of non-intervention in problems that are of no security concern to
the United States are self-evident. International intervention by the United States causes wars
–currently in Ukraine, Israel-vs-Iran and, this week, in Syria. As important, war for the United
States is always a losing endeavor. Notwithstanding the obscene amounts of taxpayer money
spent on the U.S. military since 1945, U.S. general officers have been dominated by men and
women who have – over the past 80 years – decisively proven that they are unable to win
against always weaker enemies. Having lost every war Washington has chosen to fight since
1945, there is no doubt that money is not the answer to end our binge of defeats, but rather it’s
a prolonged and glaringly apparent failure of leadership, strategy, courage, and – enormously
so – commonsense at nearly every level of the U.S. military
Dr. Sabrin also delivered a surprise during our discussion. He announced that he is forming a
committee to help him determine if he should attempt a run for the U.S. presidency in 2028. He
said that he also is building a soon to be ready app called “Make Americans Financially
Independent” or MAFI. Via that App he intends to elicit opinions about what people thing about
the country’s economy, quality of life, and foreign policy, as well as to get their response to
some of his plans he has if he becomes president, such as ending the income tax and ending the
U.S. government’s interventionism at home and abroad. He also said that one of the main
factors contributing to the federal government’s ever increasing authoritarianism is the
stripping the states of the powers assigned to them by the Constitution. A process of returning
powers that belong to the states would, naturally, strip the federal government of the powers
that have been systematically stolen from the states since the end of the Civil War. At the
present moment, almost all domestic matters the Congress and the President are involved in
are rightly the sole responsibility of the states under the Constitution.SPONSORS
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