It’s Greece, it’s California, it’s (still) gay marriage, and Romney rising. AEI’s Jim Pethokoukis on the future of the Euro, the turmoil in the markets, and what Romney should say at every campaign stop. Later, David Limbaugh returns to talk social issues and the stunning 0-99 rebuke of Obama’s budget in the Senate.

Congrats to Fred Cole for winning the coveted Ricochet Member Post of the Week for his post What Would You Put In The Constitution? We’ll be in touch, Fred. 

Music from this week’s episode:

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Ευχαριστώ, EJHill

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There are 28 comments.

  1. Contributor
    Peter Robinson: Bodies like mine don’t just happen, you know.

    But, Peter, it has been featured prominently on its own. For latecomers to the Ricochet Party, I present snapshots of the Robinson Family Vacation:

    • #1
    • May 18, 2012 at 1:27 am
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  2. Inactive

    EJ- I think what Peter is trying to say is that he’s a finely tuned aesthete..

    • #2
    • May 18, 2012 at 3:19 am
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  3. Inactive

    I dropped my drachma after I had my dinar.. over ate at the currency counter.

    • #3
    • May 18, 2012 at 3:44 am
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  4. Thatcher

    That still doesn’t show off his six pack.

    EJHill
    Peter Robinson: Bodies like mine don’t just happen, you know.

    But, Peter, it has been featured prominently on its own. For latecomers to the Ricochet Party, I present snapshots of the Robinson Family Vacation: · 3 hours ago

    • #4
    • May 18, 2012 at 4:04 am
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  5. Member
    ParisParamus: People, people who continue to underestimate Mitt Romney. Please stop it. Thank you. · 5 hours ago

    Check. Although his placing of the Reverend Wright off-limits did strike me as rather . . . McCainian.

    • #5
    • May 18, 2012 at 4:30 am
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  6. Inactive

    I’m listening to the podcast right now, and I just want to say that James’ segueway at 12:14 is a miniature work of art. One of his finest, I think.

    • #6
    • May 18, 2012 at 5:07 am
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  7. Contributor

    Thanks, Dogsbody – I was trying to get it in AND get to the guest. Even though it always seems like such a crime to cut off Peter and Rob.

    • #7
    • May 18, 2012 at 5:52 am
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  8. Inactive

    I always get a little thrill going up my leg when Iceland is mentioned on the podcast, so I have to add a couple of things.

    We don’t fish more than we did before the crash, but the fish we catch is worth a lot more (in Icelandic krónur) than before because the króna crashed. In that regard we benefited from having an independent currency. But the crash also benefited the rather big aluminium industry we have. 

    But things are not rosy. I think we did the right thing in a) letting the banks fall and b) making the creditors shoulder their part of the pain, but most decisions made after that have been boneheaded. The government refuses to allow more hydroelectric dams to be built so we can’t expand our industrial base. Almost every foreigner who comes and wants to invest is turned away by The Man. The government is also hell-bent on destroying the transferable-quota system we have for managing fish stocks. 

    I think that if we’d had a sensible government after the crash we could have been well on our way to prosperity, but alas that is not the case.

    • #8
    • May 18, 2012 at 6:32 am
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  9. Contributor

    I was 25 feet in the air on a scissor lift when I heard my name.

    • #9
    • May 18, 2012 at 6:58 am
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  10. Member

    I just think it’s way cool (no pun intended) that we have a listener/member in Iceland. 

    • #10
    • May 18, 2012 at 7:12 am
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  11. Moderator

    I’d advise pessimists regarding currency union breakup to listen to Vaclav Klaus speaking on his management of the breakup of the Czechoslovakian currency union. It was achieved, you may be surprised to hear, without violence. Greece leaving the euro seems likely to be achieved without serious euro-related violence. There will be serious violence in Greece, that is, but that will be because Greeks respond that way to political stimuli of any kind, and there’ll be a recession, not because they’ll be moving to the drachma.

    • #11
    • May 18, 2012 at 7:16 am
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  12. Member

    People, people who continue to underestimate Mitt Romney. Please stop it. Thank you.

    • #12
    • May 18, 2012 at 7:46 am
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  13. Member

    I will be looking into the SPQR series (Roma sub Rosa and Aubrey-Maturin BTDT). Thanks.

    Let me recommend most highly Lindsey Davis’ Falco series about Marcus Didius Falco, a “private informer” in the time of Emperor Vespasian. The first novel, Silver Pigs, is set in A.D. 70-71 and includes appearances by Vespasian, who becomes a significant if troublesome client. The 20th book in the series was published in 2010, so the 21st should be out presently.

    • #13
    • May 18, 2012 at 8:04 am
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  14. Contributor

    Grendel: I’ll give that another look. I started the “Silver Pigs,” but found the tone too . . . jocular. The SPQR series is breezy, but the amount of historical detail seems more substantial. 

    • #14
    • May 18, 2012 at 8:18 am
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  15. Member

    Wow, James, have you been working out?

    • #15
    • May 18, 2012 at 10:34 am
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  16. Inactive

    Mr. Lileks, though I haven’t heard you mention it lately, all that hopping up and down on your Wii has really paid off. Hope your teeth feel better soon.

    • #16
    • May 18, 2012 at 11:33 am
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  17. Member

    Y’know, Rob looks like he’s really comfortable carrying a spear.

    And Bjarni, “I think that if we’d had a sensible government after the crash we could have been well on our way to prosperity, but alas that is not the case.” That applies to us, too, my friend.

    • #17
    • May 18, 2012 at 12:26 pm
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  18. Member

    This is Ricochet!

    • #18
    • May 18, 2012 at 12:30 pm
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  19. Thatcher

    Gentleman, to bed! For tomorrow, we tape a podcast at dawn. Well, dawn for Peter and Rob, but two hours after dawn for Lileks. To bed! For tomorrow we rise early, and we’ll have a hearty breakfast. Then we’ll get on Skype and tape a podcast. But first Rob’s laptop will crash. Gentleman, to bed, for sometime tomorrow morning we podcast in Hell!

    • #19
    • May 18, 2012 at 12:35 pm
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  20. Thatcher

    Is that Pethokoukis behind Rob?

    • #20
    • May 18, 2012 at 12:36 pm
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  21. Founder

    EJ, this is the first time you’ve disappointed me.

    By placing me behind James Lileks, you’ve made it impossible for anyone to see my six-pack abs. Bodies like mine don’t just happen, you know. I worked for these muscles.

    • #21
    • May 18, 2012 at 12:53 pm
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  22. Thatcher

    Why not have Bruce Bawer on. Amazon keeps recommending this to me:http://www.amazon.com/The-New-Quislings-International-ebook/dp/B00655U34W/ref=sr_1_1?ie=UTF8&qid=1337386760&sr=8-1

    • #22
    • May 19, 2012 at 5:21 am
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  23. Member

    At about 58:35, David Limbaugh asks “What’s this stuff about Rubio’s eligibility?”

    It’s the same as Jindal’s. Both were born in the US of non-citizen parents. That makes them citizens, but not natural-born citizens, as required by Article II.1.4. The XIIth Amendment requires that the VP be Constitutionally eligible to be President.

    I am disgusted, tho not surprised, that the conservative chattering elite is as adamantly ignorant of the issue as the MSM.

    I regret it, too, but I will not vote for Romney if his VP is Constitutionally ineligible.

    • #23
    • May 19, 2012 at 7:06 am
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  24. Member

    I was ecstatic at the thought that it may be affordable to go to Greece. After delayed gratification from raising and educating 2 kids, we still can’t afford exotic travel. I now see a personal benefit for getting rid of the Euro.

    James Of England: I’d advise pessimists regarding currency union breakup to listen to Vaclav Klaus speaking on his management of the breakup of the Czechoslovakian currency union. It was achieved, you may be surprised to hear, without violence. Greece leaving the euro seems likely to be achieved without serious euro-related violence. There will be serious violence in Greece, that is, but that will be because Greeks respond that way to political stimuli of any kind, and there’ll be a recession, not because they’ll be moving to the drachma. · May 17 at 7:16pm
    • #24
    • May 19, 2012 at 8:57 am
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  25. Member

    But then you are stuck with Biden as VP. In either case, we would have Boehner (assuming Rs keep the house), and crying aside, not a bad back-up.

    Grendel: At about 58:35, David Limbaugh asks “What’s this stuff about Rubio’s eligibility?”

    It’s the same as Jindal’s. Both were born in the US of non-citizen parents. That makes them citizens, but not natural-born citizens, as required by Article II.1.4. The XIIth Amendment requires that the VP be Constitutionally eligible to be President.

    I am disgusted, tho not surprised, that the conservative chattering elite is as adamantly ignorant of the issue as the MSM.

    I regret it, too, but I will not vote for Romney if his VP is Constitutionally ineligible. · 2 hours ago

    • #25
    • May 19, 2012 at 9:09 am
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  26. Member

    I just listened to the podcast and was happy to hear James mention something about the “this page left intentionally blank” page. I’ve been talking about that for years! It makes no sense at all, mainly because it isn’t true. The page wasn’t left blank because there’s writing on it. Huh.

    • #26
    • May 20, 2012 at 4:59 am
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  27. Member
    bereket kelile: I just listened to the podcast and was happy to hear James mention something about the “this page left intentionally blank” page. I’ve been talking about that for years! It makes no sense at all, mainly because it isn’t true. The page wasn’t left blank because there’s writing on it. Huh. · May 19 at 4:59pm

    “This page left intentionally blank” goes back to the early days (before mid-1980s) of computer manuals. They were kept in three-ring binders and revisions consisted of only the changed pages. In those circumstances, a blank page could be a mistake–or so it was thought, because chapters in computer documentation don’t have obvious closing tropes–“and they all lived happily ever after”–so maybe the last steps of a procedure had been left off.

    The people who read those manuals didn’t care. When computers and manuals began to reach the general public, the silliness beecame obvious.

    • #27
    • May 22, 2012 at 6:20 am
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  28. Contributor

    We also have a contributor that went to school there.

    Blue Yeti: I just think it’s way cool (no pun intended) that we have a listener/member in Iceland. · May 17 at 7:12pm
    • #28
    • May 28, 2012 at 9:19 am
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