3 chapters across the catalog
The hosts reflect on the 13-year history of the program, referencing episode 10 where the concept of "participation broadcasting" was first introduced. This model relies on listeners, acting as producers, to handle tasks like creating super-cuts and editing segments. The hosts joke about using this model to avoid traditional work while acknowledging it actually creates more complex moving parts for the production.
Super Committee Fiasco and 99% Benefit Concert Prediction
Ron Paul's take on the Congressional "Super Committee" is reviewed, with Paul arguing that no real cuts are being made, only cuts to "projected increases." Adam Curry predicts that Obama will use an executive order to resolve the tax cut issue and that a "99% benefit concert" featuring Lady Gaga will be announced soon.
US Super Committee, Military Budget Increases
The congressional "Super Committee" faces a deadline to vote on deficit reduction measures, with automatic cuts looming if no agreement is reached. Despite talk of austerity, reports indicate the U.S. military budget is projected to exceed $600 billion for 2012. The hosts observe that the defense industry remains the primary source of economic growth in regions like Austin.
