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PODCAST

Edifice of Trust

Victor C. Bolles

The Edifice of Trust is a podcast that provides discussion and analysis of today"s current events from the perspective of America"s Founding Principles. Based on Enlightenment philosophy as espoused by John Locke and economic freedom as described by Adam Smith, the host, Victor Bolles, provides listeners a path toward understanding current events from these timeless principles. Many Americans believe that the country is moving in the wrong direction, the podcast tries to point out a new course that

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All Episodes

11:13

Political Petroleum Reserve

Edifice of Trust ·

2021/11/26

Because his pleas to OPEC to increase oil production fell on deaf ears, President Biden recently authorized the release of 50 million barrels of oil from the Strategic Petroleum Reserve with the hope of curbing the rising price of gasoline. But the purpose of the SPR is to give the United States strategic options in the face of foreign policy challenges around the globe, not to be used for political purposes so that the Biden Administration can be seen as doing something to fight rising inflation,

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15:14

The 0.1% Solution

Edifice of Trust ·

2021/11/17

Ibram X. Kendi asserts that all humans share 99.9% of their DNA and that, because we are so alike, racial disparities in social and economic outcomes would not exist except for racism. But the 0.1% that we do not have in common must then account for all the wide variations of the human species we see around the world. Charles Murray asserts that based on evidence from intelligence tests there is a cognitive gap between the races that explains much of the differences in social and economic outcomes

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11:40

The End of Wokeism

Edifice of Trust ·

2021/11/05

Democrats are still reeling from the disastrous election results from the 2021 off-year elections. They lost the governorship and the state house in blue Virginia. They almost lost the governorship in very blue New Jersey, however, a neophyte Republican with a shoe-string budget took down the second most powerful Democrat in the state. Progressive initiatives failed while conservatives were ousting progressives from school boards across the country. In response, Democrats seem intent to keep pushing

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12:00

Corporate Taxes in the Real World

Edifice of Trust ·

2021/10/25

Progressive Democrats and the Biden White House continue to work on hashing out the details of the American Families Plan along with increases in the tax rates for corporations and wealthy individuals to pay for it. But in the real world (compared to the ideal but unattainable world envisioned by progressives) most corporations pass on the increased costs of higher taxes to consumers and workers while corporations that cannot pass on such increased costs will suffer from reduced competitiveness

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18:12

Modern Monetary Nonsense

Edifice of Trust ·

2021/10/14

The progressive left continues to push for passage of President Biden’s $3.5 trillion (which in reality is more than $5.0 trillion) spending plan and Socialist Bernie Sanders touts the bill as a “compromise” insisting that the real amount should be more than six trillion. How can the left justify such massive spending since no one believes that the proposed tax hikes to accompany the spending will cover more than a fraction? Conveniently, economists of the progressive left have a theory (they have a

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15:30

Is a Better Life Worth Slower Growth?

Edifice of Trust ·

2021/10/08

A recent Wall Street Journal editorial (The Entitlements of U.S. Decline, October 7, 2021) remarked that the Biden Administration’s claim that higher taxes and more social welfare spending were “the path to national revival” was startling and audacious “especially when the global evidence is the opposite.” The assertion flies in the face of reason just as the President’s claim the cost of his programs is “zero” because of his tax hikes. Europe’s social welfare system has dragged down the continent’s

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21:33

Cautiously Optimistic

Edifice of Trust ·

2021/09/29

Many of the Founders had grave doubts about the long-term viability of the American experiment in democracy, as documented in a recent book by Dennis Rasmussen, Fears of a Setting Sun, The Disillusionment of America’s Founders. Democracies did not have a very good reputation in 1776. But here we are. And as fractious as our twenty-first century politics are, Dr. Rasmussen’s book shows that many of the vicious disputes that wracked those first years of our country are eerily similar to the division

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13:12

The Future of Tennis (and the World)

Edifice of Trust ·

2021/09/16

T The modern era has ended the geographic isolation that created different characteristics among people that were classified as different races. As a result, people from different parts of the globe are meeting and eventually intermarrying with each other, blurring the concept of race beyond any measure. This trend was highlighted in the recent U.S. Tennis Open which featured rising young stars that were a mix of people from around the world. In this podcast, the Edifice of Trust host, Victor

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13:46

Closing the Real Achievement Gap

Edifice of Trust ·

2021/09/10

Closing the black-white academic achievement gap is an important problem that America needs to solve. But the way to solve this problem is not to lower academic standards to the lowest common denominator. This would be a disservice to black kids and to the nation. We need to raise the academic achievement of black kids, not just because it is the right thing to do, but because it will also help us to close the real achievement gap, the one between American kids and Chinese kids. In this podcast,

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28:10

Systemic Enlightenment

Edifice of Trust ·

2021/08/27

The Enlightenment based Western Civilization that we live in did not arrive in this world in full bloom the moment John Locke put down his pen. It has evolved slowly and sometimes painfully over the centuries. The greatest achievement of this civilization has been the liberation of human capital through the participation of millions and millions of people in our Western systems of governance, economics and knowledge. In the twenty-first century, these great systems have come under attack. In this

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17:00

The End of Enlightenment

Edifice of Trust ·

2021/08/09

A new woke ideology of egalitarian idealism is spreading out from academia and into our public schools, corporations and government institutions like a lab-leaked virus. This ideology rejects the Enlightenment principles and ideals on which America was founded. It rejects universally accepted concepts like reasoned discussion and rational discourse believing that they make up part of a socially constructed web of power meant to oppress minorities. This makes debate that could lead to an acceptable

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13:14

The Piketty Solution

Edifice of Trust ·

2021/08/03

Federal Reserve Chairman Jerome Powell announced last week a continuation of the Fed’s policy of purchasing government bonds in order to stimulate economic growth and reduce unemployment despite an uptick of inflation above the Fed’s target. This move prompted the Wall Street Journal to speculate that the Fed might also view inflation as a mechanism to cut the enormous size of the public debt; a mechanism recommended by the Marxist economist Thomas Piketty and other progressives. In this podcast,

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13:36

Desperation

Edifice of Trust ·

2021/07/21

Leftwing progressives seem intent on using razor thin majorities in Washington to permanently transform the United States into their vision of a Europeanized social democratic state or worse. They are pushing multitrillion dollar spending plans, taking over public schools to indoctrinate children on anti-racism and changing election laws to permanently entrench the left in power. But why now and why the rush? In this podcast, the Edifice of Trust host, Victor Bolles, discusses why progressives are

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12:30

It's Not Just Chicago

Edifice of Trust ·

2021/07/14

Fox News likes to pick on Chicago’s murder rate, using anecdotal evidence instead of statistics. But increasing violence and murder is spreading across the country and this spread isn’t limited to just the big cities. It is coming to a city near you. Police departments are being defunded by left-wing mayors and city councils. Police officers, citing low morale, are retiring or resigning in droves leaving departments understaffed and citizens exposed to rising violence. In this podcast, the Edifice

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04:04

My Fourth

Edifice of Trust ·

2021/07/06

My Fourth Victor C. Bolles July 6, 2021 I wasn't too enthused by the Fourth of July specials on television so I created my own patriotic show. I thought you might enjoy some of the videos I watched as well. Happy Fourth of July.

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11:31

The Purpose of Sports

Edifice of Trust ·

2021/07/05

Progressive political activists and social justice warriors are attempting to capture competitive sports as another way to bludgeon us into accepting their left-wing agenda. But sports have always been a respite from daily cares and should not become another mechanism of political division. In this podcast, the Edifice of Trust host, Victor Bolles investigates the current state of sports and analyze how it has deviated from its traditional purpose.

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61 From the Heart

Edifice of Trust ·

2019/11/06

Recently, presidential hopeful Elizabeth Warren said, “I'm running a campaign from the heart.” And if you have seen her on the campaign trail, you know that she shows a lot of emotion while campaigning. But usually that emotion is anger. She is mad as hell. Her proposal for Medicare-for-All seem more intended to kick the butts of big corporations and fat cat billionaires than it is to solve our healthcare problems. In this week's episode, the Edifice of Trust host, Victor Bolles discusses governing

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