A new book by Peter Schweizer, which was featured in a recent segment of 60 Minutes has enraged the country: Throw Them All Out exposes the despicable behavior of the ruling class, in which politicians and corrupt quasi-political business enterprises wield the power of the state for their own short-term financial gain at the expense of driving the U.S. economy -- and, by extension, that of the entire globe -- to the brink of collapse, while growing the government of a once free nation to a near-dictatorial size.

In the 11/19 edition of Defending Capitalism, I discuss this outrage and analyze what lies at the root of the problem.  What principles serve as rationalization for the looting gluttony of what Mr. Schweizer describes as the political caste?  Could a law be passed to ensure more ethical behavior on the part of the powerful lawmakers, or is the problem more fundamental than that?  For answers, check out an archived recording of the discussion: http://www.blogtalkradio.com/defending_capitalism/2011/11/19/defending-capitalism


Links and References

60 Minutes segment: http://www.cbsnews.com/8301-18560_162-57323527/congress-trading-stock-on-inside-information/

Throw Them All Out, by Peter Schweizer: http://www.amazon.com/Throw-Them-All-Peter-Schweizer/dp/0547573146/ref=sr_1_1?s=books&ie=UTF8&qid=1321817521&sr=1-1

"Wall Street Under Siege," from the book Why Businessmen Need Philosophy: http://www.amazon.com/Why-Businessmen-Need-Philosophy-AtlasShrugged/dp/0451232690/ref=sr_1_1?s=books&ie=UTF8&qid=1321817593&sr=1-1