Wednesday, September 24, 2008

Libertarian Longhorns on "Live and Let Live"

I'm sure some of you have been watching the workings of the market recently with great interest. A lot of strange things are going on with the virtual collapse of Fannie Mae / Freddie Mac, AIG, Goldman-Sachs, Morgan-Stanley, Wamu, and many, many more institutions. The effect is worldwide, and isn't going to end anytime soon. I recently was interviewed along with two of my college friends on the show "Live and Let Live", a local television show in Austin. We were there to talk about our campus group called the Libertarian Longhorns, but we spent about 35 minutes talking through the problems of socialism and the current recession. They also record and stream the show online, so if you're interested in learning a little about this stuff, here's a link to the show:

At about 19 minutes in, Daniel begins talking about the problems of socialism. At 26 minutes in (I think), we start getting into the causes of the financial crisis.

I'll try to embed it here...