S15 EP152: Hour 2 - Crazy Needs Help

Erick reads the extraordinary public apology from the family of Jonathan Hamby, the mentally ill man with more than thirty arrests who stabbed a stranger to death on the Atlanta Beltline, and turns it into a hard argument that closing the mental institutions was never compassionate. Then billionaire investor Stanley Druckenmiller goes to the Wall Street Journal to tell his own protege, Treasury Secretary Scott Bessent, that doubling long-dated bond buybacks is price management, not liquidity management, with the national debt crossing $40 trillion and net interest passing $1.1 trillion. Plus the SEC follows the Big Ten on NFL players returning to college, and Apple sets September 9, which sends Erick into Rush Limbaugh memories.

• The Jonathan Hamby family statement, anosognosia, the three-foot samurai sword in a Chamblee elementary school, and why thirty arrest cycles ended in a killing on the Atlanta Beltline
• Milledgeville, Jackson, Louisiana, and the case for reopening long-term mental health facilities: homelessness as a drug and mental illness problem, not a housing problem
• Dolly Parton, loving your neighbor, and Erick on how society perverted love into leaving the sick on the street
• Stanley Druckenmiller versus Scott Bessent in the Wall Street Journal: $4 billion buybacks, the 30-year yield at a 19-year high, $40 trillion in debt, and letting the bond market speak
• Entitlement reform, means testing, and the two-bucket argument for why a growing government bucket strangles the private sector
• The SPLC prosecution and Todd Blanche, the SEC and Big Ten barring NFL returns, and Apple's September 9 event