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Sheldon Richman, senior fellow at The Future of Freedom Foundation, discusses the unsustainable expense of US empire, the “political transaction costs” that shield government from scrutiny and protest, lack of emphasis on foreign policy at the Freedom Fest 2010 conference and why defense spending is the trillion pound gorilla in the (budget deficit) room.

Podcast: Play in new window | Download (Duration: 18:47 — 4.3MB)