Livestream: What Washington Won’t Tell You About the Next Economic Crisis

posted at 2:01 pm on May 3, 2011 by Patrick Ishmael

Update: The presentation in its entirety follows. Thanks to everyone that joined us!

Original post:

For those unfamiliar with the Show-Me Institute, SMI is a Missouri think tank in the libertarian-conservative mold. I serve as one of SMI’s policy analysts, so to give you an idea of the kind of work we do here:

The work of the institute is rooted in the American tradition of free markets and individual liberty. The institute’s scholars seek to move beyond the 20th-century mindset that every problem has a government solution. Instead, they develop policies that respect the rights of the individual, encourage creativity and hard work, and nurture independence and social cooperation.

Which is what tonight’s event is all about. More below the embed.

Free live streaming by Ustream

Brian Riedl is the lead budget analyst for The Heritage Foundation. As the title suggests, tonight’s presentation will focus on the economic challenges that will face the U.S. in the not-too-distant future, especially in regard to the Federal budget. It promises to be a very interesting discussion, now that the debt ceiling debate is heating up.

The event should start promptly at 8pm ET and last about an hour. If you have questions as the presentation goes forward, please leave a message in the comments or on Twitter, or join the discussion at Ustream.


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Comments

Has the current one ended?

dogsoldier on May 3, 2011 at 2:15 PM

The NEXT economic crisis?

Really?

What about the disastrous mess that’s going on around us NOW?

Government and Wall St. lies do not change the fact that we are in a sinking ship, and the powers that be are bailing the water backwards.

hillbillyjim on May 3, 2011 at 2:16 PM

I thought we were in an economic recovery.
The danger is over.
Get back to work everyone.

Badger40 on May 3, 2011 at 2:17 PM

The next crisis will be a catastrophe.

What are they going to do? Reduce interest rates that are already bottomed out and need to go up? Print more money and create hyper-stagflation? Borrow money, from whom?

Disaster.

forest on May 3, 2011 at 2:20 PM

forest on May 3, 2011 at 2:20 PM

Oh, it’s simple, Negative interest rates.

Yes that’s the ticket pay people to borrow money.
/s

esnap on May 3, 2011 at 2:27 PM

Recession with inflation all around us, now. They will lie clear into Nov. 2012.

Schadenfreude on May 3, 2011 at 2:36 PM

Off air already.

docflash on May 3, 2011 at 2:38 PM

Entelechylicious.

hillbillyjim on May 3, 2011 at 2:38 PM

I got a shock yesterday and this is it:
.
$1 USD = 0.953721 Canadian Dollar.
.
That’s right, the USD is worth less than the Canadian Dollar! When has THIS happened before in a modern, managed, monetized economy?
.
Thanks, Barry! Thanks, Ben! Keep violating economics for political gain. If you think I’m kidding, see this post elsewhere.
.

ExpressoBold on May 3, 2011 at 3:07 PM

Livestream: What Washington Won’t Tell You About the Next Economic Crisis

Heh, Washington IS the Next Economic Crisis.

Chip on May 3, 2011 at 3:14 PM

Off air already.

docflash on May 3, 2011 at 2:38 PM

Goes live at 8pm tonight.

Patrick Ishmael on May 3, 2011 at 3:41 PM

I got a shock yesterday and this is it:
.
$1 USD = 0.953721 Canadian Dollar.
.
That’s right, the USD is worth less than the Canadian Dollar! When has THIS happened before in a modern, managed, monetized economy?
.
Thanks, Barry! Thanks, Ben! Keep violating economics for political gain. If you think I’m kidding, see this post elsewhere.
.

ExpressoBold on May 3, 2011 at 3:07 PM

it happened in 2007 too the canadian dollar was worth a buck ten american

dirksilver on May 3, 2011 at 3:57 PM

They’re going to raise the debt ceiling…they simply have to. I seriously doubt they’ll be able to do anything to lower it down the line, either.

Dr. ZhivBlago on May 3, 2011 at 4:24 PM

Over at NRO, Lou Dolinar summarizes the last three Geithner move-the-goalposts’ scare tactics re the debt ceiling. The only scenario that Geithner is not giving real attention to is cutting spending.
http://www.nationalreview.com/corner/266300/which-drop-dead-debt-hike-deadline-lou-dolinar

onlineanalyst on May 3, 2011 at 4:39 PM

The NEXT economic crisis?

Really?

What about the disastrous mess that’s going on around us NOW?

Yes, and inflation is about to set in only for those who haven’t been to a grocery store or pumped gas in the past few months.

College Prof on May 3, 2011 at 5:28 PM

Senate Republicans have released their jobs’ plan agenda, and areas at its heart look dandy. The only objection that commenters have voiced so far is that it doesn’t address the problem of illegals handicapping our recovery.
http://www.nationalreview.com/corner/266378/senate-republicans-release-jobs-plan-andrew-stiles

onlineanalyst on May 3, 2011 at 7:04 PM

Being a MO native, I check out the SMI site once in a while. I even applied for a job there a few months ago. Never heard back from them.

Must be because I lack a degree in, well, anything.

Still, it’s a great site with some clever, informative videos, too. I especially like the video of SMI employees scalping tickets outside of Busch Stadium.

pugwriter on May 3, 2011 at 7:24 PM

I’m not enjoying watching the DJIA climbing mostly because it takes far more dollars to buy the same value of investments as previous years.

viking01 on May 3, 2011 at 9:04 PM