He runs through a lot of topics;

- Fed making bubbles because super low interest rate fuels speculatory activity - current Fed is insane

- Fed and pols lying to the people about the real costs of borrowing money

- Ryan budget is silly because it does not actually balance the budget in a realistic time frame.. aka will never balance. Plus other various criticisms like growing military

- Obama budget is pure fantasy, thinks SS and Medicare etc are OK to be kept as is while only raising taxes on the top 2%

On the topics of the budgets in general he says

- Military needs to be cut by 1/3rd to bring it down to the levels Eisenhower considered sustainable, when the USA actually had an industrialized enemy.

- SocSecurity is needed by 40 million people who are on it, however another 15 million who collect are affluent and should be means-tested.

- Medicare should be means tested as well, many people also need to pay more for it.

- Taxes need to go up

- He goes on at length about how the financial markets are broken, and why Bernanke needs to be fired ASAP.

- Lots of other good stuff and quotables on Fed, History, Warfare state, economics

For who could be free when every other man's humour might domineer over him? - John Locke (2nd Treatise, sect 57)