This should have been up last week, except that I came down with the plague, more or less.  Mike Williams is a former Railroad Commissioner for Texas*, an old friend of the site, and running for Senate: we spoke briefly at CPAC about the cycle in general.

[youtube]http://www.youtube.com/watch?v=ohSVO7X58Nc[/youtube]

Mike’s site is here.

Moe Lane (crosspost)

*Which has nothing to do with railroads: it’s an elected position overseeing energy production.