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In making the case against government regulation of the petroleum market, Frank brings up what happened the Hunt Brothers, who lost everything speculating on the silver market back in the 1980's. Then Frank says the building of the Panama Canal is a wrong example to use when arguing for government infrastructure projects, because the US contracted out its construction to a private company.
Frank then remembers Anzac Day, and winds up getting into a heated debate with John over Winston Churchill's status as a great world leader.
Plus: The latest on the US Presidential race.... Mitt Romney finally gives a rousing speech.... Congressman Alan West says the Congressional Black Caucus is made up of Communists.... The Rev. Wayne Peterson stands up for America.... Your phone calls at 718.761.9996 and much more.