believe. but obviously krona. i have a wonderful husband and two beautiful girls. >> host: user has been? >> guest: his name is dave lee. he's a retired snowboarder. he is a manufacturing plant in southern california, so he makes no boards and it's funny to hear my girls talk about their dad. he's really there crimean ports every day. he's an amazing person. they are the center of my life and i want my girls to know you can be true to who you wire. you can speak in your own voice and still have a good life. will people try and paint with their own brush? they certainly will. but you can't focus on that. >> host: dukas at the grocery stores today? >> guest: i do. i get stopped a variety of reasons. a lot of people see me in there that john stossel, let his

message. he's a really pure libertarian, great person and a wonderful mentor. i get stopped for that a lot. older crowd, college-age students a lot of times the man the recent videos and people who are my age remember me from mtv and those are the people at the longest conversations talking about the good old days. i always tell them i just wrote about that. it's pretty fun. postal are their conservatives in hollywood? >> guest: there definitely are. they actually have well-organized meetings and they get together and talk about ideas. sometimes they include libertarians, sometimes they get frustrated and think libertarians are sellouts who are people pleasers. we all know that the sharon's are politically the most consistent group around. >> host: we've been talking on booktv with kennedy, lisa kennedy montgomery. "the kennedy chronicles: the golden age of mtv through rose-colored glasses."

here's the cover. this is booktv on c-span 2. >> now, doug casey discusses his latest book, "totally incorrect." mr. casey opines on the tsa, wikileaks, the catholic church and dick cheney. booktv spoke to mr. casey for a half an hour at freedom fest, a libertarian can't help annually in las vegas. postcode now joining us on booktv is doug casey. mr. casey, who are you? >> guest: i guess i am just known as an author. but i did my living as a speculator in the marketplace. probably a fair answer. >> host: what books have you

read? >> guest: i read a book in 1976 called the international man. it was the guide book to the world, a personal freedom and financial opportunity. it became the largest selling book in the history of rhodesia a couple years later i went there during the war and do what i always do in these places. open up a telephone book. there were two publishers at the time. i called them up, got along with one in the media personality. >> host: your book in 1979? >> guest: that book was written in 1978. the subtitle in the coming great depression and things have very nasty as you may recall was 50,

60% interest rates. but a hundred dollars, so for. this time, 30 years after the fact, the economy is much more precarious than it was back in the late 70s. i think we are incendiary series, serious times. >> host: when you think the is precarious right now? >> guest: everything the government is doing is not just the wrong thing. it is the exact opposite of the right wing. i will go further by saying that the problems that the american economy have shouldn't be laid at the feet of the bankers, industrialists, many of whom are complicit, though they at the foot of the state which has

currency regulations, these things are all very destructive. >> host: >> guest: i don't think it's going to succeed because it? one of the essential heiress stakes. it's got to be a medium of exchange, which it is in a store of value. but their reason why it's not a good store of value. in the fourth century b.c. defines for a reason for that may say, give us five-carat heiress stakes of good money has to be durable, consistent and have value in itself. and there could be a fountain of

coins. there could be as little coins, baby coins. that is in fact inflationary. so i like the idea of recording. >> host: where did she grow up and how did you get your start in economics? >> guest: well, i've always been interested in money. i have always been a big reader. so i was just run to free-market economics because i am a person that doesn't believe that the government or the people have a right to treacher is a milk cow. maybe they can treacher is it eats cow, too. >> host: where did you do that

then where do you live now? >> guest: chicago. i more or less live in argentina now. >> host: wide? >> guest: i've been to an hundred 75 different countries. i have lived in 1290 lunker want to spend existing time in the u.s. because this has been a shock for most of your listeners, but the progression of america -- i don't even call it america anymore. it's not the united states. it's just another country where i'm distinguished. we has to be special and different than everybody knew it. now it is just another government running a geographical area. so it is turning into a police state very rapidly that the militarization of all the local police. they don't knock on the door anymore. the government is completely and totally bankrupt.

just last year, approximately 1.2 trillion -- [inaudible] 90% of that was purchased by the federal reserve. even the chinese don't want to buy it anymore. they want to sell it. they are trying to get rid of their dollars. >> host: we invited you want a tv to talk about a book that has just come out. "totally incorrect" it is called by doug casey is told to louis james. who was lewis james? >> guest: lewis writes a newsletter for us cubby international speculator, which follows junior research stocks, the most volatile section of any stock market anywhere at junior research companies. >> host: what is a junior research company? >> guest: they are looking for

uranium, cobalt. there are 92 naturally occurring elements. so that's what they're doing is looking for them. >> host: are you about the man? >> guest: i can do what i want. i can go where i want. that's all you need. one of the odd things have got to tell you is that as you get older, at least in my case, i want lass. the less you want, the wealthier you are. but although perversely, more money is flowing into the door at the same time as i want lass. it should've happened when i was a kid. >> host: doug casey, in "totally incorrect" come to your account meetings vice president cheney.

>> guest: yes, sociopaths. estacada criminalists i've ever seen one. it was a lot of fun. when he wanted to be president, he was in new orleans and the sponsor had an important conversation with them. kind of invited me to a little fundraiser. so you know, dick cheney does the political thing. dick cheney, nice to meet you. i said i'm not going to shake hands to do. i despise you and everything you stand for. i thought giving him a good shot like that would collapses rigel personae. he said why do you say that? it was the wrong question because then i was able to do him in on why i said what i said. but for the rest of the 20 minutes, he knew it was pointless trying to raise money from these guys.

that was the highlight. i'm lucky you that i wasn't audited. >> host: by d.c. vice president cheney that way? >> guest: 's use of call a neocon. he's directly in iraq and the one in afghanistan and the growth of the special operations community that are running around the world killing people. it is a very bad man. most of these people that are called neocons are dangerous. this is one of the things that i find disturbing about the u.s. and i talk and not a lot called

politically incorrect is your reaction to the fact that the old days they used the term politically incorrect. i thought it was a joke, but it wasn't a joke. they believe it's politically incorrect, so this is totally incorrect. >> host: doug casey, if you're the opportunity to meet president obama, what would you say to him? >> guest: i don't know that i would have anything to say to you. i think he is slick. he acts like he is listening. but now, she -- he may be worse than bush, the last president. i am an aficionado in ancient history among other things. we've reached this stage now.

after tiberius vfat i'm glad he's dead. and may god owego a, so it got worse. and then they had a civil war. so i think we are tried in the past those ancient world. >> host: something going on currently in the u.s. is the bradley minitrial on wikileaks. >> guest: that is shameful. even more shameful than the mishap name is edward snowden or for that matter julianna sans. it is absolutely shocking that they have manning locked up in solitary confinement, torturing them for three years and there's no outrage in the u.s.

as far as snowden is concerned, it is doubly shameful that he has to run to hide in countries like russia, venezuela and perhaps bolivia, which are hardly beacons of freedom. certainly you can't stay in the u.s. anymore. >> host: continuing theme in "totally incorrect" is your relationship with tsa. what do you think about the tsa? >> guest: people that work for the tsa, you ask yourself, where did hitler get people that joined the sa animator gestapo. where do they ran these people up? is the same type of people from the bottom of society is basically the lives, middle-aged people generally speaking who would drop whatever they were

doing previously to put on a khaki uniform and go through their neighbors dirty laundry. so they are horrible people and a little bit of power they've got over others and treated respectfully while some make lives miserable. like all bureaucracies, once it is created, it grows. bureaucracies like that. this is true of all of these bureaucracies in washington. you've got two teams of people in the world. people that believe in that involuntarily with other people and people who believe in letting coercively. the ones that are leaking sewers that are inevitably drawn to the government because of the power of the state comes out of the barrel of a gun and there are more and more of these people

that are drawn to the government and at some point you reach a critical mass commodities and people working people working for the government for whatever reason they might be don't want to be there anymore. they are also reaching a tipping point in the united states now. >> host: doug casey, who are your political heroes? >> guest: i don't have political heroes because i don't believe in politics the way i relate to human beings. politics legalized coercion, institutionalized coercion. but people that i like personally that are decent human beings, that happened to be involved in politics haven't been too terribly corrupted by it. certainly ron paul is a decent guy. i don't know anybody else in congress at this point. he's not even in congress at this point anymore.

>> host: why do you take on charity in "totally incorrect"? >> guest: i don't believe in organized or institutionalized charity. i believe in helping people as individuals when i know them, when i can see their situation and if there is somebody, i make along with the understanding i want money back because i am not interested in giving them money to help them. i want the money back so i can if anything gave it to somebody else and teach them a little bit of responsibility. most of the charities out there are just giant yurok receives and the people at the top of these charities like going to parties, huge salaries and so forth.

so i am opposed to charities and i don't give to charities. if i see someone as individual who needs help and i will consider it very seriously. i recommend other people don't either. nor ngos, which are even worse. >> host: why? >> guest: they are basically people that run around the world sticking their noses in other people's business and creating chaos. if they really want to help the world, they should do some interest or did an good. they should become wealthy. this goes back to what i was saying about charity. instead of giving $100,000 to some charity, that's idiotic. if you want to help humans, like bill gates giving away billions of dollars to do whatever he wants to do. the smartest thing is to keep the capital together, like creating wealth. when you give money to a

charity, generally you're just putting it away, throwing dust into the wind, destroying capital. instead of giving the money away, he should be used in the capital to create more wealth than i does benefit everybody. >> host: doug casey, if we had to put a label, would it be contrarian, libertarians, anarchists, what? >> guest: it would be all three of those things. it is funny. i describe myself, in our case case -- [inaudible] this makes it very hard for me. during the summer i live in aspen, colorado and i have for many years. i don't get invited to many parties because i can always do

five or 10 minutes on sports and weather and i always talk about some important, meaningful, interesting. basically it turns into the two things which are not supposed to talk about. religion and politics. because i like talking about philosophy. but what is practical and applied philosophy? it is religion and politics. of course, economics is so jumbled up with politics today, which it shouldn't be. we talk about that, too. all of these conventional concrete bound people think that things the way they are now is the way they should be. i am not of that opinion. >> host: you refer to catholicism of your use as cannibalistic. >> guest: yes, i make a joke saying he grew up in a cannibalistic death toll, which

is actually inaccurate decision. it's not much worse than any other christian religion. at this point, christian religions are much less perilous than islam. it is older. they've kind of gone through their teeth in, but all of these religions came out of the middle east that of their desert and worshiped yahweh or allah and i feel bad for the holy ghost. nobody ever talks about him. they are all dangerous and destructive. it doesn't happen that cindy's and the buddhas and confucianist . they don't have religious wars with each other.

they have the one true god that you must worship. he loves you, although if you don't love him back, he will send you to for eternity. >> host: who are some of your authors? >> guest: i'm a huge fan of hl mencken of course. i don't know. most of my reading today was either ancient history or science. so when i look at the bookshelf next to my bed or library, and is overrepresented in those two areas. so that's just the way it is. >> host: doug casey, in "totally incorrect," what is the fear barometer? >> guest: were referring to

the one he could use in the market place? as the contrarian, you want to buy -- the original was quite correct. two weeks from now, i'll be in cyprus because this is a little known fact. how much is the cyprus stock market down? there's only about 50 stocks and they don't trade a lot of volume at all. how much is an anomaly from the peak of 2007? any idea? nobody does. 90%. it's a good time to get on the plane and take a look if there's any value in these come needs. berkshire hathaway among the rebels are 90% discounts. >> host: what do you think of an investor like warren buffett who is out there and well known?

>> guest: well, i think he is a genius. but he's a genius genius in that respect than savant is a genius. he is unbelievably good at what he does, allocating capital. but his political idea was goofy and destructive. has he been a net benefit to humanity? it remains to be seen. certainly the fact that he has put together two bourke shire $100 billion total market cap, that is a wonderful thing and humidity should be grateful to him for having allocated capital so wisely. but i think when he dies, he's going to paste it all into the wind. he may not be any better off. it's a mixed bag. same with bill gates who always

seem to be kind of autistic. >> host: one of the things we do know is we all die at this point. you're not giving your money to charity. you're an atheist. to a family? are you going to spend it all? >> guest: i don't have kids. if i was going to leave my money to the younger generation, i would probably -- i considered doing what the romans did, which is to say, just because somebody was your genetic progeny doesn't mean they're worth anything. better that you look around among kids that are old enough that you can see who they are and how they have developed. so i might do that. otherwise, i will leave it to my wife who is very smart and very prudent, it thinks pretty much like i do. with a little bit