On June 6, 2008, Gardner Goldsmith held court on the claims by vapid politicians (hint, a former NH governor is one of them) who blame speculators in the oil market for the high price of gas. He also took aim at the NH legislature, which is so desperate to look “fiscally responsible”, and so unwilling to cut spending, that the members of the Democrat majority set up a bonding program, should tax funds not come in as they expect. Um, they haven’t been coming in as they expected for a year now! It’s all here, plus the Bad Song, “Muhammed Ali v. Mr. Tooth Decay”!!!

On May 21, Gardner Goldsmith used his program “Against the Grain” to debunk many of the myths regarding energy prices and speculators. He was joined in his effort by the great writer Sheldon Richman, editor of “The Freeman” magazine. Gard also explained why higher prices for gasoline do not cause inflation, but are indicators of inflation, which is the lowering of buying power of a currency. Good stuff, especially if you want to learn about political economics!