2 chapters across the catalog
Political theories regarding the S&P downgrade include alleged ties between Terry McGraw III and Mitt Romney. Congressman Ron Paul expressed disappointment that the downgrade was linked to a lack of tax increases rather than a failure to control spending. The hosts suggest the downgrade may be a retaliatory move by S&P against the Obama administration's regulatory agenda.
Show Outro, Donation Requests, UK Tax Hikes
The show concludes with a request for listener donations via Dvorak.org to support the upcoming website and live stream improvements. Final news items include the deteriorating situation in Pakistan and a new 50% tax rate in the United Kingdom for individuals earning over £150,000. The hosts sign off from their respective locations in London and Silicon Valley.
