Hello everybody and thank you for tuning into the weekly report.

Will the midterms change anything?

Many experts expect public anger over inflation to enable Republicans to regain a majority

in the U.S. House of Representatives and maybe the Senate in next week's midterm elections.

However, even if every close Senate race broke in Republicans' favor and the new Republican

majority was determined to pass a pro-liberty agenda, there still would not be the votes

to override President Biden's vetoes or Chuck Schumer's filibusters.

Pro-liberty legislation, cutting spending or protecting our first, second, and fifth

amendment rights, or shutting down the Department of Education or auditing the federal

reserve would not become law.

The fact that such pro-liberty legislation would not become law is a reason many Republicans,

Congress members feel comfortable co-sponsoring and voting for such bills.

One of the dirty secrets of American politics is that the establishment of both parties

support the corporate welfare, welfare state and the fiat monetary system that makes it

all possible.

While they quibble over the details, the only real disagreement between the two parties

is over which one is better able to run the economy, run the world, and run our personal

lives.

One hope for benefit of having Congress in Republican hands is that the Republican desire

to deny President Biden any major legislative victories going into the 2024 election means

the American people will be safe from more big-spending legislation like the misnamed

inflation reduction act that will lead to more inflation.

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