SHOW SCHEDULE
9-3-25
CBS EYE ON THE WORLD WITH JOHN BATCHELOR
GOOD EVENING: The show begins in Beijing, watching the trio of Xi, Putin and Kim review the display of offensive weapons and offensive battalions.
FIRST HOUR
9-915
John Batchelor 09-03 segment 1.mp3 Guest: Colonel Jeff McCausland, United States Army retired artilleryman, CBS News, Dickinson College visiting professor, and Diamond 6 Leadership and Strategy CEO. Global Geopolitics and Military Displays Colonel Jeff McCausland discusses a Beijing military parade featuring Xi Jinping, Kim Jong-un, and Vladimir Putin, interpreting it as a message of strength and innovation, not peace, while downplaying the US role in WWII. He also covers the static battle lines in Ukraine, European proposals for a military force, and US involvement in Middle East conflicts in Yemen and Gaza, noting a tactical agreement with the Houthis.
915-930
: John Batchelor 09-03 segment 2.mp3 Guest: Colonel Jeff McCausland, United States Army retired artilleryman, CBS News, Dickinson College visiting professor, and Diamond 6 Leadership and Strategy CEO. Pentagon's Evolving Mission and Global Order Colonel Jeff McCausland discusses the new national military strategy emphasizing homeland defense as the primary mission for the Department of Defense, shifting from an international "cop on the beat" role to a domestic one. This is reflected in increased border forces and Caribbean operations. McCausland also touches on China's ambition to establish a new global order, returning to its perceived historical position as a superpower, utilizing organizations like BRICS and the Shanghai Cooperation Organization.930-945
John Batchelor 09-03 segment 3.mp3 Guest: John Cochrane at the Hoover Institution. Federal Reserve Independence and Financial Regulation John Cochrane explores the complex debate on whether financial regulation should be integrated with or separated from monetary policy and less independent of Congress. He raises concerns about the Fed's independence, its failure to foresee the Silicon Valley Bank collapse, and the "too big to fail" phenomenon. Cochrane also discusses the risks of the Fed monetizing debt, its stance on stablecoins, and how its actions influence fiscal policy.
945-1000
John Batchelor 09-03 segment 4.mp3 Guest: John Cochrane of the Hoover Institution. Reforming the Federal Reserve's Role John Cochrane addresses proposals to reorganize the Federal Reserve, questioning whether it should become more political or have its scope narrowed to monetary policy, his preferred option. He criticizes the Fed'spandemic response, specifically its decision to print trillions of dollars for deficits, which he argues was a choice leading to the 2022 inflation. Cochrane also examines the wisdom of Quantitative Easing (QE), suggesting it had limited economic impact but expanded the Fed's political influence.
SECOND HOUR
10-1015
John Batchelor 09-03 segment 5.mp3 Guests: Gordon Chang and General Blaine Holt, US Air Force General, retired. China's Historical Revisionism and Autocratic Alliances Gordon Chang and General Blaine Holtdiscuss China's military parade, led by Xi Jinping, which falsely claims Chinese victory over Japan in WWII, omitting the US and Allied contributions. Holt views the parade as theater for a crumbling Belt and Road Initiative, not a united front. They note India's absence from the parade due to animosity with China. Despite appearances, Putin and Kim Jong-un also have underlying animosity towards Xi Jinping, making their alliance one of expediency, not unity.1015-1030
John Batchelor 09-03 segment 6.mp3 Guests: Gordon Chang and Peter Huessy, President of Geostrategic Analysis, a fellow at the National Institute for Deterrent Studies. China's Nuclear Ambitions and Arms Control Challenges Peter Huessy describes China's nuclear weapons as tools for coercion and hegemonic goals, a stark contrast to the US view of deterrence. He notes China's rapid nuclear buildup, exceeding