Hello everybody, and thank you for tuning in to the Liberty Report.

Today we have a special guest, and he's been with us before.

He's the Birch Economist, Philip Patrick, and he has been well received by our

audience in the past, and I'm sure they're anxious to hear his assessment about

what's going on. First off, Philip, welcome back to our program.

Thank you so much for having me, Dr. Paul. Very good. I'd like to start off with

something that's been in the news, a little bit here and there, you know, for the

Republicans trying to get a speaker. They sent all kinds of records, so I think they

sent the record. The longest period of time when we didn't have a real speaker, and

people worried about that, but quite frankly, frankly, Philip, I wasn't too worried about that.

Maybe that would just slow up, slow the government down. But anyway, we have our speaker back,

a speaker back, and he sounds like a very decent person, but of course, I want to think more

about how things are going to change and what he's facing in which direction or we like likely to

go. So this, I think the big question is, will we have, will he move this toward, run away

inflation, or do you think he will lead us to a balanced budget? But just what are your thoughts

economically about what's going on and what it might be like, you know, with a new speaker?

I think the situation is very tough regardless of who holds the position of speaker. Johnson's

proposed taking up individual bills between now and November 17th. That's when the current

funding expires. He said another stock gap measure known as a continuing resolution might be

needed to prevent the Senate from jamming the House with a Christmas omnibus referring

essentially to a consolidated spending bill. He said a continuing resolution could have a deadline

of January 15th or April 15th, depending on the consensus in the GOP, but a continuing resolution

...