The John Batchelor Show

SHOW 12-18-25 THE SHOW BEGIN IN DOUBTS ABOUT THE POTUS AT YEAR'S END... 1951 BALD EAGLE ALASKA CRUNCH EU SUMMIT DISCUSSES USING FROZEN RUSSIAN ASSETS FOR UKRAINE Colleague Anatol Lieven. The European Union is internally divided over seizing frozen Russian assets to fund Ukraine's war effort and reconstruction, a move requiring rule changes that some members resist. While the US proposes using these funds for post-war rebuilding, current plans risk spending the capital on immediate warfare, potentially undermining international financial trust. NUMBER 1 NATO AND EU SEEK DEFENSE FUNDS AMID FEARS OF RUSSIAN AGGRESSION Colleague Anatol Lieven. European nations like Finland are demanding funds to counter perceived Russian threats, despite a lack of historical aggression toward them. Lieven argues that plans to spend billions on tanks are misguided, as the Ukraine war demonstrates that expensive armor is easily destroyed by cheaper drones and defensive lines. NUMBER 2 CALIFORNIA JOB LOSSES AND CHINA'S ECONOMIC SLOWDOWN AMID RETAIL SEASON Colleague Chris Riegel. California's new wage mandates have triggered significant job losses in the fast-food sector, forcing operators to move to lower-tax states. Internationally, while China boasts of leads in AI and EVs, these sectors rely on unsustainable subsidies, masking a deep consumer recession and deflation in the property market. NUMBER 3 SPAIN'S GOVERNMENT MAINTAINS TIES WITH VENEZUELA DESPITE OPPOSITION Colleague Mary Anastasia O'Grady. The Spanish government under Pedro Sanchez maintains ideological and economic alliances with the Maduro regime, prioritizing political agendas over democratic ideals. Opposition figure Cayetana Alvarez de Toledo accuses former Prime Minister Zapatero of acting as an international agent for Maduro, facilitating the dictatorship's survival despite mass migration. NUMBER 4 CHINA'S SURREPTITIOUS SUPPORT KEEPS THE MADURO REGIME AFLOAT Colleague Professor Evan Ellis. China sustains the Maduro regime through loans, surveillance technology, and military equipment while bypassing sanctions to import Venezuelan oil. The state oil company, PDVSA, collapsed due to the purging of technical experts and lack of investment, forcing Venezuela to rely on Iranian engineers to maintain minimal production. NUMBER 5 VENEZUELA'S TRAGIC DECLINE FROM PROSPERITY TO AUTHORITARIANISM Colleague Professor Evan Ellis. Historical imagery reveals Venezuela's transformation from a prosperous, modern nation in the 1950s to a ruined state today. Deep inequality and corruption in the pre-Chavez era alienated the poor, allowing Hugo Chavez to capitalize on their frustration and dismantle the free market system, leading to the current crisis. NUMBER 6 ELECTIONS IN CHILE, PERU, AND HONDURAS SIGNAL REGIONAL SHIFTS Colleague Professor Evan Ellis. In Chile, José Antonio Kast's rise reflects a rejection of progressive policies and crime, favoring order and investment. Meanwhile, Peru faces political fragmentation and violence, Honduras struggles with electoral disputes, and Costa Rica appears poised to elect a pro-US candidate who aims to limit Chinese influence. NUMBER 7 ARGENTINA'S CREDIT RATING RISES AS BRAZIL FACES POLITICAL POLARIZATION Colleague Professor Evan Ellis. S&P upgraded Argentina's credit rating following Javier Milei's austerity measures, which have stabilized the currency and reduced inflation despite social costs. In Brazil, the reduction of Jair Bolsonaro's prison sentence and his son Flavio's candidacy signal a continued, polarized struggle against Lula da Silva's agenda for the 2026 election. NUMBER 8 ROMAN KINGSHIP: FROM CITIZEN SELECTION TO THE IDEAL OF SERVICE Colleague Professor Edward J. Watts. Early Roman kings were selected by citizens based on merit rather than heredity, but figures like Servius Tullius began bypassing this consent. Conversely, Cincinnatus exemplifies the Roman ideal of service; he accepted absolute dictatorial power to save the state during a crisis, then immediately resigned to return to his farm. NUMBER 9 APPIUS CLAUDIUS CAECUS: INFRASTRUCTURE AND POLITICAL GENIUS Colleague Professor Edward J. Watts. Appius Claudius Caecus transformed the Roman censorship office into a power base by building the Appian Way and appointing wealthy Italians to the Senate. As a blind elder statesman, he shamed the Senate into rejecting peace with Pyrrhus, insisting Rome must fight to maintain its dominance and ancestral legacy. NUMBER 10 ROME VS. CARTHAGE: DESTINY, TRAGEDY, AND THE CONSENSUS FOR WAR Colleague Professor Edward J. Watts. The conflict between Rome and Carthage is symbolized by the tragedy of Dido, representing the incompatibility of their powers. Despite Hannibal's devastating victories, the Roman Republic prevailed through a political system that prioritized consensus and collective sacrifice, allowing them to endure immense losses without surrendering. NUMBER 11 THE GRACCHI BROTHERS AND THE RISE OF POLITICAL VIOLENCE IN ROME Colleague Professor Edward J. Watts. The Gracchi brothers introduced political violence to Rome, with Tiberius using populism to revive his career and Gaius acting as a true believer in reform. Their assassinations by the Senate marked a departure from peaceful republican norms, as the elite used violence to protect entrenched economic inequality. NUMBER 12 DISCOVERY OF GIANT RADIO GALAXIES AND SUPERMASSIVE BLACK HOLES Colleague Dr. Sabayashi Pal. Astronomers have discovered 53 giant radio galaxies, some 75 times larger than the Milky Way, powered by active supermassive black holes emitting radio jets. These ancient objects offer insights into galactic evolution, contrasting sharply with the Milky Way's smaller, dormant black hole that allows life to exist safely. NUMBER 13 INVESTING IN HUMAN INTELLECT OVER ARTIFICIAL INTELLIGENCE Colleague Dr. Sabayashi Pal. Given an unlimited budget, Dr. Pal would prioritize human resource development over new telescopes, proposing a space study institute in Africa to train experts. He argues that while AI is a useful tool, education is essential for humans to interpret data and appreciate the machinery rather than being replaced by it. NUMBER 14 EUROPE SCROUNGES FOR FUNDS AMID RUSSIAN ASSET DISPUTES Colleague Michael Bernstam. The UK threatens to seize proceeds from the sale of Chelsea FC for Ukraine aid, while the EU struggles to finance a $135 billion shortfall for Kyiv. European leaders propose leveraging frozen Russian assets for loans, but financial markets remain skeptical of the EU's ability to guarantee such debt. NUMBER 15 CONGRESSIONAL SPENDING AND THE REVERSE MIDAS TOUCH Colleagues Dave Hebert and Peter Earle. Hebert and Earle argue that Congressional spending exacerbates problems in education and healthcare by subsidizing demand while restricting supply through regulations. They contend politicians prefer "showy" supply-side interventions, like drug busts, over effective policies because the politics of appearing effective outweigh the economics of actual affordability. NUMBER 16

CONGRESSIONAL SPENDING AND THE REVERSE MIDAS TOUCH Colleagues Dave Hebert and Peter Earle. Hebert and Earle argue that Congressional spending exacerbates problems in education and healthcare by subsidizing demand while restricting supply through regulations. They contend politicians prefer "showy" supply-side interventions, like drug busts, over effective policies because the politics of appearing effective outweigh the economics of actual affordability. NUMBER 16 1936 FDR

EUROPE SCROUNGES FOR FUNDS AMID RUSSIAN ASSET DISPUTES Colleague Michael Bernstam. The UK threatens to seize proceeds from the sale of Chelsea FC for Ukraine aid, while the EU struggles to finance a $135 billion shortfall for Kyiv. European leaders propose leveraging frozen Russian assets for loans, but financial markets remain skeptical of the EU's ability to guarantee such debt. NUMBER 15 1963

INVESTING IN HUMAN INTELLECT OVER ARTIFICIAL INTELLIGENCE Colleague Dr. Sabayashi Pal. Given an unlimited budget, Dr. Pal would prioritize human resource development over new telescopes, proposing a space study institute in Africa to train experts. He argues that while AI is a useful tool, education is essential for humans to interpret data and appreciate the machinery rather than being replaced by it. NUMBER 14 1962

DISCOVERY OF GIANT RADIO GALAXIES AND SUPERMASSIVE BLACK HOLES Colleague Dr. Sabayashi Pal. Astronomers have discovered 53 giant radio galaxies, some 75 times larger than the Milky Way, powered by active supermassive black holes emitting radio jets. These ancient objects offer insights into galactic evolution, contrasting sharply with the Milky Way's smaller, dormant black hole that allows life to exist safely. NUMBER 13 1958