Just go read it.
EDIT: The link takes you to "The Smallest Minority." Scroll down a few entries to those for Nov. 5. It is a transcript of the podcast. (And, by the way, welcome, TSM, to my little blog roll.)
Sample: "(James) Madison said rights pre-exist government. (President Woodrow) Wilson said government exists to dispense whatever agenda of rights suits its fancy, and to annihilate, regulate or attenuate or dilute those others. Madison said the rights we are owed are those that are necessary for the individual pursuit of happiness. Wilson and the progressives said the rights you deserve are those that will deliver material happiness to you and spare you the strain and terror of striving." (Emphasis mine.)