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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

08:41

Toxic Magic and the Red Ripple

Edifice of Trust ·

2022/11/11

An endorsement from former President Donald Trump was magic for his chosen candidates in the Republican primaries, but the results of the 2022 mid-term elections have shown that his endorsements are toxic in the general election. Mr. Trump plans to make a major announcement on November 15th that is widely expected to affirm his candidacy for president in 2024. He can probably win the nomination with the support of his base, but his run for a second term is doomed to fail and is likely to drag down

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11:05

The War on Profit

Edifice of Trust ·

2022/11/07

Joe Biden and the Democrats have a problem with profit. Not just the “outrageous” and excessive profits that the oil companies are reaping now. All profit. Because they think profit comes from exploitation. But profit is much more than that. Profit is a great motivator and change agent, and the Democrats fear the power of that motivation. In this podcast, the Edifice of Trust Host, Victor Bolles, examines the power of profit and why governments seek to control it.

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11:06

The Cult of Woke

Edifice of Trust ·

2022/10/31

The proponents of the Woke progressive-left agenda appear resistant to logical argument and react with outrage at any criticism of their movement. They reject analyses based on empirical evidence and doubt that the scientific method can discover objective truth. They react with fury at any criticism of their movement. This resistance perplexed me until I came to the realization that the Woke movement has more in common with a religion or cult than it does an ideology. In this podcast, I discuss some

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10:57

Wake Up! Dems

Edifice of Trust ·

2022/10/24

Noble Prize winner Daniel Kahneman explained in his book, Thinking Fast and Slow, that the human brain can be viewed as being divided into two separate brains, the fast thinking instinctual brain that we inherited from our hominid ancestors and our slow thinking cerebral cortex that sets us apart from those ancestors and all other animals. Politicians on the left and right direct their campaign ads to the fast thinking side of our brains, but it is our slow thinking brains that are the solution to

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14:43

Social Justrice is Incompatible with Democracy

Edifice of Trust ·

2022/10/18

Many people think social justice is synonymous with democracy, that you can’t have true democracy without social justice. But they are wrong. The Soviet Union fought for social justice but there was no freedom or democracy in the USSR. And Mao fought for social justice but there was no democracy in Communist China. In this podcast, the Edifice of Trust host, Victor Bolles, discusses how the fight for social justice is taking us down a dark and dangerous path.

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12:27

The Pension Pit

Edifice of Trust ·

2022/10/06

As exploding pension costs cause state and local governments to cut back on services, citizens are fleeing rising crime, failing schools and increasing taxes leaving only the most vulnerable residents to shoulder the financial burden and their worsening predicament. These financial burdens have been created by public sector unions working in collusion with the politicians who gladly accept their political donations. In this podcast, the Edifice of Trust host, Victor Bolles, examines this growing

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11:29

The Difference between Democracy and Liberty

Edifice of Trust ·

2022/09/30

Pollsters report that American citizens are very worried about the state of our democracy in the run-up to the 2022 mid-term elections. It is true that left-wing and right-wing extremists are trying to manipulate democracy to meet their own partisan ends, but part of the problem is that many people do not understand how democracy relates to our liberty or how the Founders tried to limit democracy and well as government. In this podcast, the Edifice of Trust host, Victor Bolles, looks at how too much

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12:30

Reward Work Not Wealth

Edifice of Trust ·

2022/09/14

The White House recently released the Biden-Harris Economic Blueprint that lays out what the Biden administration wants to do and what it envisions for the American economy. The Blueprint is based on the premise of rewarding work and not wealth. But this is a false premise based on Marxist thinking. Work and wealth are not opposed but are complementary to each other. In this podcast, the Edifice of Trust host, Victor Bolles, examines the proposed Blueprint and suggests some alternative

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11:00

Semi-What?

Edifice of Trust ·

2022/09/08

In a recent speech, President Joe Biden accused ex-President Trump and his MAGA-Republican followers of following a semi-fascist philosophy that, “threatens the very foundations of our Republic.” But fascism has more in common with socialism than with the American founding principles. Fascists and socialists use the same tactics to control a country and its people. In this podcast, the Edifice of Trust hist, Victor Bolles investigates how semi-fascists and semi-socialists do, indeed, threaten our

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16:13

Energy Policy! What's That?

Edifice of Trust ·

2022/09/06

This podcast is an excerpt about energy policy from my 2015 book, Principled Policy. As Saudi Arabia announces a cut-back in production and Russia the shut-off of the Nord-Stream pipeline, some of the events described in my book may seem a bit dated but the underlying concept is still relevant today. Perhaps even more relevant as oil prices fluctuate and natural gas prices soar, portending a winter of super high prices and power outages here and in Europe.

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10:37

Not a Band-Aid

Edifice of Trust ·

2022/08/30

Almost everyone agrees that President Biden’s plan to forgive billions and billions of dollars of student debt is a bad idea. But it not a bad idea just because it does more economic harm than good. Nor is it a bad idea because it ignores the causes of the student debt problem, does nothing to solve the problem and, therefore, virtually guarantees that the problem will continue and grow even worse, necessitating additional forgiveness in the future. It is wrong on moral and ethical grounds because

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13:50

The Duty of Citizens

Edifice of Trust ·

2022/08/22

Citizens of the United States have many civil rights, but they also have duties and responsibilities. Duties and responsibilities beyond voting and paying taxes. Citizens must be productive members of society. Many of the benefits and entitlements provided to citizens by the government discourage citizens from being productive members of society. In this podcast, the Edifice of Trust host, Victor Bolles, discusses the duty citizens owe to society.

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12:26

How to Destroy the Republican Party

Edifice of Trust ·

2022/08/09

Former President Donald Trump is the dominant figure in the Republican Party and aspires to be its candidate for President in the 2024 elections. To implement his plans, he is attempting to remake the Republican Party by backing candidates that are loyal to him and his agenda and ousting traditional Republicans whose loyalties lie elsewhere. But his scheme might fail because the candidates he is backing are not faring well against their Democratic opponents in a year when Republicans were expected

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15:52

The Deficit Reduction Dance

Edifice of Trust ·

2022/08/03

The Inflation Reduction Act concocted by Senate Majority Leader Chuck Schumer and Democratic maverick Joe Manchin is being rushed through Congress in the hopes of a quick passage before people realize what is actually in the bill and what it means in terms of reducing inflation. In this podcast, the Edifice of Trust host, Victor Bolles, looks at the underlying causes of inflation and why the Inflation Reduction Act has little chance to actually reduce inflation.

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11:44

Gasolina Barata

Edifice of Trust ·

2022/07/18

First, Mexican President Andres Manuel Lopez Obrador snubbed President Biden’s invitation to the recent Summit of the Americas by refusing to attend unless the dictators from Cuba, Venezuela and Nicaragua were also invited. At a White House meeting the following week, he chided President Biden about US inflation saying that Americans were crossing the border to buy gasoline in Mexico. After these insults, President Biden journeyed to the Middle East to beg a potentate who previously had refused to

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09:12

When Face Value is Two Faced

Edifice of Trust ·

2022/07/12

Institutions that are intended to foster professionalism and civic responsibility have been taken over in order to promote progressive ideology. Membership in institutions such as the American Bar Association has declined to only about 14% of practicing attorneys allowing a small minority to realign an esteemed 140 year old institution into a platform for progressivism. And the American Medical Association is using critical race theory to attack systemic racism in medicine. In this podcast, the

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13:53

Weasel Words

Edifice of Trust ·

2022/07/06

The left is always coming up with new words or redefining the meaning of old words to make their progressive ideas more palatable to the American public. Freidrich Hayek called them weasel words. Words designed to deceive, not inform. One example of weasel words that Professor Hayek highlighted in his book, The Fatal Conceit, are the words “social justice,” which are intended to sound morally superior to regular justice. In this podcast, the Edifice of Trust host, Victor Bolles, investigates the

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11:57

Chaos in the Culture Wars

Edifice of Trust ·

2022/06/24

Extremists on the left and right are fighting a culture war to transform America into something unrecognizable. And while they are fighting each other, they demand ideological purity or cult-like loyalty among their supporters, leaving regular Americans stranded and lost. We have seen this before, in the 1930s. And it did not turn our well. In this podcast, the Edifice of Trust host, Victor Bolles, calls on regular Americans to reject these partisan attempts to hijack our country.

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10:55

Capitulation (or not)

Edifice of Trust ·

2022/06/20

Financial markets are nearing capitulation, interest rates are rising, inflation is roaring, and recession is looming. The American people, along with investors, are hunkering down for a really rough patch. Everybody is adjusting their lives to cope with these new circumstances. Everybody, that is, but the Biden Administration. They insist that their progressive agenda would be on track except for Putin’s invasion, price gouging energy companies and intransigent Republicans. In this podcast, the

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13:00

The Pin Factory and Social Justice

Edifice of Trust ·

2022/06/10

In the Wealth of Nations, Adam Smith used the example of a simple pin factory to explain the benefits of the division of labor. He went on to show how this division of labor created a supply chain of economic actors making decisions in their own self-interest that supply all the economic necessities of the country. In America, progressive leftists are pushing social justice goals on US companies that will disrupt this dynamic free market economic system. In this podcast, the Edifice of Trust host,

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