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🗓️ 26 May 2025
⏱️ 18 minutes
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0:00.0 | This is longtime Cato Daily podcast host Caleb Brown. |
0:02.9 | I've hosted the Cater Daily podcast for nearly 18 years, but no more. |
0:06.9 | But I wanted to leave loyal listeners with some favorite episodes that I hope ring true and relevant to our current moment. |
0:13.6 | This is one of them. |
0:14.8 | Thank you for listening. |
0:25.1 | This is the Cato Daily podcast for Friday, March 4th, 2011. |
0:26.5 | I'm Caleb Brown. |
0:30.0 | The key to fixing the fiscal mess in Washington is to think big. |
0:34.8 | That's the message from the newly elected junior senator from the Commonwealth of Kentucky, Rand Paul. |
0:39.4 | We spoke at the Cato Institute's Benefactor's Summit held last week in San Diego. |
0:47.6 | When I got to Washington, I was told that I would get to sit at Henry Clay's desk. |
0:52.9 | Henry Clay is probably the most famous legislator ever to come from Kentucky. |
0:57.0 | He was Speaker of the House. He was elected to the Senate at 29. You have to be 30. |
0:58.0 | There are only two people ever elected at 29, Henry Clay and Joe Biden. |
1:04.0 | But Henry Clay was elected and they actually just went ahead and seated him. |
1:08.0 | Even though the Constitution says you're supposed to be 30, they have a lot of |
1:12.6 | liberality with how they can enforce the rules and they seated him. So he's the youngest senator ever |
1:17.6 | became Speaker of the House. He ran for president four times and really came within 38,000 votes of winning the presidency against Polk |
1:26.5 | either 1836 or 1840, somewhere around there. |
1:30.8 | But he became very, very close. But he was also known, as most of you know, as the great |
1:36.7 | compromiser. Well, the first week I was there, we were having a tour of the National Archives, |
1:42.2 | and one of the other Republican senators was there, |
... |
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