Nobel Prize winner Joseph Stiglitz will be joining us coming up in the third hour today. He blew the whistle on how the IMF and World Bank are purposely trying to destroy economies, purposely bringing in a one world government, and right around the time he quit back in 2002, thousands of pages backing up his claims mysteriously surfaced.
00:00:13.000He's Alex Jones on the GCN Radio Network.
00:00:17.000And now, live from Austin, Texas, Alex Jones.
00:00:21.000Nobel Prize winner Joseph Stiglitz will be joining us coming up in the third hour today.
00:00:38.000He blew the whistle on how the IMF and World Bank are purposely trying to destroy economies, purposely bringing in a one-world government.
00:00:49.000And right around the time he quit back in 2002, early 2002, thousands of pages backing up his claims mysteriously surfaced.
00:00:59.000Of course, we know Joseph Stiglitz had nothing to do with that.
00:01:04.000He'll be joining us coming up again in the third hour, a man of conviction, a person who at the highest levels of power in the global elite, at the highest levels of management for the global elite, had a conscience and didn't go along with what was being laid out in front of him.
00:01:22.000Because once you get to that level, there's no putting a pretty face on it anymore.
00:01:33.000A lot's made of John Perkins, who's a great person, very intelligent.
00:01:36.000We've had on confessions of an economic hitman.
00:01:39.000But he was at the very low level of this mechanism.
00:01:42.000He was more of a, really a foot soldier, not even a sergeant in the ground war against the human populations.
00:01:51.000But you talk about a four-star general, you talk about a Chairman Joint Chiefs of Staff in the banking system, that would be Mr. Stiglitz, joining us again, coming up in the third hour.
00:02:05.000In fact, I was almost late getting on air.
00:02:07.000I was in the next room printing off my famous interview with Greg Pallas that got printed in over 400 newspapers for some reason, especially in Latin America, to Italy, to Japan.
00:02:16.000Dealing, I think the headline was, World Bank Documents Consume Argentina.
00:02:22.000Because we had Pallas talking about when all this was happening, and the story we wrote about it went supernova, as they say.
00:02:29.000It went viral and it was just his quotes, it was kind of a summation of what was in the documents, where they call it the IMF riot, World Bank riot, it's interchangeable, where they actually go in and destroy the economy by design, then there's a bunch of rioting, that makes it even worse, then they get to put in a dictator or a plutocracy and then they just have literal rule by the bankers over the people.
00:02:56.000And how this works is, the bankers come in, the private interest, they buy up your politicians, they have them call it a Federal Reserve or a Bank of England, some federal national name.
00:03:41.000But it's worse than that because at least there's a real house and supposedly the bank's going to have to pay off the note to whoever the original owner was.
00:03:51.000It's like if I went and paid off George Bush to call Alex Jones Federal Reserve, and I literally owned the money machines, I'd take over pretty quick, wouldn't I?
00:04:01.000Total false reality, like so much in our lives.
00:04:06.000By the way, what film covers this in great detail?
00:04:29.000INFOWARS.COM or simply you can call toll free 888-253-3139.
00:04:39.000I will come back, jump into all the news, and take a bunch of calls in this first hour.
00:04:45.000you want to stay with us After a year in production and traveling to distant lands, my new film Terror Storm is complete.
00:05:10.000Shocking declassified government documents prove that western governments are orchestrating terror attacks against their own populations as a pretext to enslave them.
00:05:18.000Terror Storm proves that not only was 9-11 an inside job, but the attacks of 7-7 in London were carried out by British intelligence.
00:05:25.000Terror Storm chronicles the lies that took us to war in Iran, a White House program to disseminate fake news, NSA spying, Secret police torture, the latest 9-11 information, and much, much more.
00:05:37.000Terror Storm is the definitive guide to the history of government-sponsored terrorism.
00:05:41.000It's an anthology of government crimes.
00:05:43.000Terror Storm is a film that everyone who wants to be truly informed must see.
00:05:48.000Get your copy today on Infowars.com or PrisonPlanet.com or by calling toll-free 1-888-253-3139 or watch it right now online at PrisonPlanet.tv.
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00:07:00.000The ideology powering the Democrats and Republicans is not liberalism or conservatism, but globalism.
00:07:06.000Globalists are concerned with what's good for big business and the American empire instead of what's fair for the American people.
00:07:13.000The only antidote to the poison of globalism is nationalism.
00:07:17.000Start reading The Nationalist Times each month.
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00:10:20.000He can handle a power saw, but when it comes to the power of the internet... I hear there's rumors on the internets Not once, but at least twice, President Bush has inexplicably added an S. We can have filters on internets.
00:10:37.000Leading young whippersnappers to mock him.
00:13:10.000There's a whole bunch of private Internets.
00:13:12.000It grew out of the DARPAnet, the ARPAnet.
00:13:16.000The NSA really set it up along with the CIA and a bunch of other federal agencies went back in the sixties and seventies then Al Gore was involved in the vote to fund and expand the internets uh... went back in the eighties that's why he claims as a senator he invented it that's kind of like if I designed a new Ford Mustang and then claimed I'd invented the automobile it's pretty ridiculous but uh...
00:13:53.000Bloggers are being asked to show their support for freedom of expression by Amnesty International.
00:13:58.000The Human Rights Group also wants weblog writers to highlight the plight of fellow bloggers jailed For what they wrote in their online journals, the organization said fundamental rights such as free speech face graver threats than ever before.
00:14:10.000The campaign coincides with the start of a week-long UN-organized conference that will debate the future of the net.
00:14:14.000Yeah, they're meeting in Europe right now.
00:14:17.000The EU's announcing you'll be arrested if you upload any video.
00:14:20.000And I mean video of you mowing your lawn, video of a baseball game, video of anything.
00:14:27.000You'll have to have special licenses and pay tens of thousands of dollars and have everything screened through Internet to ports to then authorize being able to post it.
00:14:37.000They're also moving to, quote, ban any type of hate speech in Europe, and they're saying that they'll try to then enforce that against Internet service providers and against search engines.
00:14:49.000You notice as soon as Google announced their motto now, be evil, that they would censor almost everything.
00:14:55.000It's millions of things they censor, even jokes, talk of alcohol, talk of just many things are banned in China, not just politics.
00:15:04.000that That's now being done out of hubs in Tel Aviv and here in the United States, where Google has its main bases out on the West Coast and in Israel.
00:15:12.000And they're now, we saw right when that started about a year ago, censorship starting here in Google in the West.
00:15:18.000I guess Google.com, not Google China or whatever.
00:15:21.000So they're doing it to light gangbusters, and it's happening all over the place.
00:15:27.000Freedom of expression online is a right, not a privilege, but it's a right that needs to be defended since Steve Ballinger of Amnesty International.
00:15:34.000We're asking bloggers worldwide to show their solidarity with web users in countries where they face jail for just criticizing the government.
00:15:41.000But of Amnesty, I'm reading what Ballinger said wants to really fight censorship.
00:15:44.000He wouldn't just talk about the UN debating its future.
00:15:47.000The UN, the EU, our own government is openly talking about taxing it, regulating it, controlling it.
00:15:53.000And they're just going to openly start shutting down net neutrality, where the basic internet will fail.
00:16:00.000And they're not going to upgrade the major hubs.
00:16:02.000They've been saying this for a decade.
00:16:04.000And then they will quote, oh, there's one that really works.
00:16:07.000And oh, we have much better connectivity.
00:16:09.000Basically, all the new big backbone they're putting in, which is TV quality streaming and downloading, that will only be available if you go on to Internet 2 that is not free, that is government slash private.
00:16:23.000A collusion between government and corporations, classic corporatism or fascism.
00:16:27.000Then if you waive all your rights, then you may be able to have a subdomain with them.
00:16:31.000So, it's not enough they're just going to build their internet too, which they've now constructed and is now up and running and able to take millions of people on it each day.
00:16:40.000Now they're going to shut down the old highways and force you onto their surveilled, restricted toll roads.
00:16:48.000In cyberspace we see the same thing happening in the real world where they're going to shut down, restrict, stop repairing the existing entire infrastructure of the United States and shift you over onto either existing roads that are turned into toll roads or onto the new roads that will all be toll roads and those are international toll roads funding the North American Union.
00:17:10.000Everything is being seized, being looted, being grabbed.
00:17:13.000They call it privatization, but if you pay with your taxes to build something, and then it's given to private interest, basically given to them, they just pay off a few politicians, and then they start raping you and taxing you, the lion's share of it going to private companies and a large portion of it going to different global government expansion programs.
00:17:38.000Here is another article by Paul Watson from PrisonPlanet.com.
00:17:42.000And again, the entire article has links to mainstream news admitting what's happening.
00:17:46.000Now Europe targets bloggers as terrorists.
00:17:49.000UK-EU crackdown on spreading propaganda mirrors US assault on the Internet.
00:17:55.000The Bush Administration's efforts to infiltrate, misdirect, regulate, and pollute the Internet with neocom propaganda, which they now, CENTCOM admits they're doing, the military is engaging in propaganda domestically on the Internet, as well as their openly stated agenda to target American bloggers as terrorists, That's Bush, that's Homeland Security Director Chertoff, they're all saying it, is now being ate by the British government across the pond, as well as other major European countries.
00:18:20.000House Secretary John Reid met with ministers from six largest European Union countries, and according to the BBC report, agreed to work together, if we work together, agreed to work together to make the internet a more hostile place for terrorists.
00:18:36.000How will they accomplish this by initiating a crackdown on people who use internet to quote spread propaganda was the quote.
00:18:43.000The very website you're now reading would be considered propaganda and is being blocked by the military servers.
00:18:49.000It is being blocked by many companies.
00:18:51.000It is being blocked by most city, county, and university libraries.
00:18:56.000Infowars.com, PrisonPlanet.com, Infowars.net, JonesReport.com, ArnoldExposed.com, MarshallLaw911.info, And so many more right now are being blocked.
00:19:11.000Again, this very website you're now reading would be considered propaganda by these neo-fascists, no matter the fact that the criminal syndicates Bush and Blair front for are the most deceitful presenters of lurid propaganda since the Third Reich.
00:19:23.000The Purge also aims to use the Internet and other media to target young audiences with state Approved indoctrination PR spin on how the war on terror is really not about imperial hegemony and crushing liberties at home.
00:19:37.000Reid himself is no longer, and is no stranger to the strong arm tactics of despots, a former hardcore Stalinist member of the Scottish Communist Party and an alcoholic bully with a penchant for thumping people in the face.
00:19:50.000He's the guy the other day that said when they had a prison riot, just shoot and kill everyone.
00:19:54.000He could become the next Prime Minister.
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00:21:18.000Many have turned to precious metals to provide a safe haven while increasing the potential profits.
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00:21:59.000David J. Smith for Newswatch Magazine.
00:22:04.000Did you know there is a secret group that wants the government to spend itself in the bankruptcy?
00:22:09.000Did you know that current President Bush has the largest percentage of increase in spending than any Democrat has ever had?
00:22:16.00038% higher than Bill Clinton's highest budget.
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00:24:57.000We know the 16th Amendment wasn't ratified.
00:24:58.000But for the general public in America, I remember beating my brains out 12, 13 years ago, 10 years ago, 5 years ago, doing hundreds of shows on the Federal Reserve and the income tax, and people didn't seem to get it.
00:27:02.000I've been very, very lucky, very fortunate.
00:27:05.000I know how to make movies and I made this movie because My conscience won't let me do anything but make this movie.
00:27:13.000The truth is that America is heading into complete totalitarianism, as you know, as your audience knows.
00:27:19.000We know the Federal Reserve is a fraud, and the Sixteenth Amendment was never ratified, and there's no law that makes you pay an income tax.
00:27:26.000And I thought I would take my movie-making skills and my political knowledge and make a movie that the public could understand, that's something that Patients and people into the freedom movement could show other people because it's very hard when people try to talk to other people about what's happening in this country.
00:27:47.000When they see this movie, they really get it.
00:27:50.000So I thought I'd make this movie so that people can comprehend the truth of what's happening because people don't really read that much anymore.
00:27:57.000So books don't work as well as a movie works.
00:28:00.000And the movie's been incredibly successful.
00:28:29.000I was sitting You know, at a gas station getting gas this morning, just looking at these young people, they have no idea what's ahead for them.
00:28:38.000Well, the truth is, they have no future.
00:28:39.000The government has unfunded liabilities of around $80 trillion.
00:28:45.000And, you know, the money has to be created out of thin air to pay for that.
00:28:49.000And so it's going to destroy the currency of this country.
00:28:52.000And that's why they want to chip us, so we can just keep making, you know, money that they put into our chips through computed digits.
00:29:00.000So there's no accountability for what they're doing.
00:29:03.000And the fact is, I made this movie because it's time for the American public to know the truth about what's happening.
00:29:11.000And I figured that if I made a movie that was understandable, and the truth is that the movie gets standing ovations wherever it plays.
00:29:18.000And the DVDs are flying out, people are buying them like crazy, we're having house parties, and we're turning people on to the truth of what's happening in the country.
00:29:28.000That's the first step in the movement.
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00:30:42.000you won't find a better selection of books or videos anywhere so make northern voice bookstore your bookstore visit us online at northernvoicebookstore.com or send $2 for our latest catalog to northern voice bookstore p.o box 281 wildwood pa 15091 .
00:31:26.000Yeah, I know you're picky about not having pathogenic bacteria, organic chemicals, heavy metals or foul tastes and odors in the water, so I packed our Sport Berkey Purifiers!
00:31:37.000You know, this is a terrific cabin, and wow, have you noticed the beautiful weather?
00:34:31.000By the way, Just for another week or so, I'm going to have this special up.
00:34:36.000When you buy Freedom From Fascism for $19.95 and support Aaron's work and what we're doing here, you can get Terror Storm, my new film, over 3 hours.
00:34:43.000The film's 2 hours, under 2 hours, right under 2 hours.
00:34:48.000The extras are 68 minutes, so it's 3 hours and 2 minutes long.
00:34:53.000You get that for $9.95 when you get those two as a package.
00:34:57.000I'm offering that special right now because I want you to have America Freedom to Fascism.
00:35:03.000And I heard Aaron on another talk show yesterday just say, I don't care anymore to make copies of my DVD, but I say the same thing about Terror Storm, but if you want us to be able to make films in the future, Aaron's cost a million to make and then he said a lot more to promote and I saw it.
00:35:56.000It seemed a lot of us in this kind of not current wave but the last wave, there were people fighting this New World War 50 years ago, 60 years ago, 100 years ago, but people in the last wave, the last big wave before this new one, all woke up about 95.
00:36:12.000I woke up about 94, got involved in 95, started the TV show and radio show in 96.
00:36:19.000And I guess the TV show before that and the radio in 96.
00:36:22.000That's around the time Aaron Russo really got active.
00:36:26.000And so many others started right at that time, and now we're seeing it's exponential.
00:36:31.000This new awakening dwarfs that, I'd say, a thousand to one.
00:36:36.000And I see another wave starting even quicker.
00:36:52.000The most interesting one that happened was Now, having been a big movie producer in my life, when this movie came out, I got a call from CNBC, the business news channel, and they asked me to come on this show called Power Lunch with Bill Griffith, and I forget the girl's name who's on with him, and they wanted to talk about my movie.
00:37:13.000They called up, you know, you're a big movie producer, come talk about your new movie.
00:37:19.000I was a little bit surprised, so I sent them the movie, the disc, they wanted to see it, And, uh, I phoenixed them the next day after that.
00:37:28.000They called up and they canceled the interview.
00:37:31.000And they just don't want people on the mainstream media, they don't want you talking about the IRS and the fact that there's no law.
00:37:37.000They don't want you talking about the Federal Reserve being a private bank.
00:37:40.000They want the Federal Reserve clothed in respectability, you know.
00:37:44.000If Alan Greenspan speaks or Ben Bernanke talks now, you know, oh, let's listen to what they're saying.
00:37:51.000They don't want you to know that it's right out of the Communist Manifesto, the central bank, you know.
00:37:56.000And so they cancel my interview on the air.
00:37:58.000None of the mainstream press will give me a good review, but the internet press is raving about the movie, standing ovations everywhere we go.
00:38:05.000I mean, it's really amazing to see the dichotomy of what's happening, because the movie is really, really good.
00:39:10.000And that's the beauty of it, because, you know, when the public sees that, because everybody knows the Supreme Court is the final arbiter, you know, in this country.
00:39:19.000And when they see the IRS Commission is saying Supreme Court decisions don't matter to the IRS, People go, oh my God, that can't be possible!
00:39:26.000You know, and so the movie really wakes people up.
00:40:08.000History, common sense has shown us, you know, the laws of human activity, is that if you aren't involved in fighting for your freedom, you will be enslaved.
00:40:19.000And we had so much liberty, so much freedom in this country, and now look, at every level, every indicator is we're going into full bore command and control.
00:41:32.000And after he was done saying, hey, we created the feminist movement to make sure that the family got broken up and all the women had to pay taxes, we did this, we did that, you know, we want population reduction.
00:41:45.000And what gave you the perspective that they're a bunch of cowards?
00:41:50.000Well, you know, when you hang out with people like this and you see how they operate and how they function and the kind of glee they take in other people's misery, you know that They can't stand up on their own.
00:42:05.000These people are not going to go to war and fight in Iraq.
00:42:32.000I guess when you live with them and you see them in an everyday basis, you begin to understand how they really operate and function.
00:42:40.000I can't give you any specific instance other than to say that in my relationship with some of these people, I can tell you that It's as evil as it really gets.
00:42:54.000So is it, when you've been brought up to those high places, and I've been brought up to the high places not as many times, I'm sure, as you have been, and it's just like, come on, they don't want to be free anyways, look at them, they're a bunch of idiots, look at them, just go ahead and join us.
00:43:07.000Well, I've been offered, you know, businesses to run, and, you know, one of the things they said to me, what's wrong with the ID card, you know, we'll make sure your chip says KMA on it.
00:43:46.000Does it frustrate you, Aaron Russo, again, we're talking to the producer and director of America, Freedom to Fascism, now out on DVD, available at InfoWars.com, does it frustrate you, though, to then talk to police, or talk to the general public, who still believe in this corrupt system, who still think that we're the kooks for trying to warn them, when we're doing them a favor, when everything that they Their whole lives are in jeopardy here, and we're here desperately trying to get them out of a burning house, and they're just laughing at us.
00:45:12.000I think there's really a movement happening across this country, and it just has to be galvanized.
00:45:17.000Well, I talked about that a few minutes ago, introducing you to this segment, that I see it exponentially, like waves, getting bigger, getting quicker, getting faster, and I see the hubris of the elite, but I also see them beginning to lose that hubris, which in a way I don't like, because now they may figure out how close they are to being defeated.
00:45:37.000Well, I certainly sense that they know there's a problem.
00:45:40.000They know the Internet is a real problem for them.
00:45:42.000If there was no Internet, I think this game would have... they would have won a long time ago.
00:45:46.000Well, yeah, they plan to use the Internet as a tracking system, a control system, and they're still going to do that.
00:45:52.000It's a double-edged sword, but we have effectively seized the sword and used the good edge of it to really, really start rending and exposing their frauds.
00:46:01.000Yeah, there's no question about it, but that's why they're going to... you see the European Union now talking about They need government permission to upload videos on the internet.
00:46:09.000You know, you see what they're trying to do.
00:46:11.000They're trying to control us internet because it's the last bastion of freedom that we have.
00:46:14.000Google admits that they keep deleting our page views for TerrorStorm!
00:46:24.000Because, again, if we get up in the top rankings, which we've done now three times in the top 100, what they do is then millions of people go there for their viewing pleasure.
00:46:55.000You see, and again, folks, you can go watch it at Google Video, and we have a link to it there if you wish, but you need to buy the DVD because they can shut the web down tomorrow and you won't have a copy.
00:47:05.000Plus, it looks a lot better to have the DVD and you want to support what Aaron's doing.
00:47:09.000The DVD's much better than the Google for sure.
00:47:12.000And of course, there's an earlier version that got put up on the web that you sent out as a promotion months before the movie even came out that was on the web.
00:47:35.000People have a thirst for the truth, and they want to get it spread out there.
00:47:39.000And the fact is that this video explains it in a way that I don't think any other video has ever done before.
00:47:46.000And I really urge everybody to buy this video, to have house parties, to show it to other people, to make copies, spread them out in the streets, give them to people.
00:48:15.000We got to do what Gandhi did and what Martin Luther King did for the freedom movement.
00:48:19.000Well, and let me just say what Gandhi faced in India was a tyranny, but nothing this high-tech.
00:48:24.000What Martin Luther King faced was a tyranny, but nothing like it is now.
00:48:28.000This is the sophisticated apparatchik of a very cold-blooded people Who openly said they want to bring in a one world government to straitjacket us, tie us down, so they can eliminate us.
00:51:05.000After a year in production and traveling to distant lands, my new film Terror Storm is complete.
00:51:10.000Shocking declassified government documents prove that western governments are orchestrating terror attacks against their own populations as a pretext to enslave them.
00:51:18.000Terror Storm proves that not only was 9-11 an inside job, but the attacks of 7-7 in London were carried out by British intelligence.
00:51:26.000Terror Storm chronicles the lies that took us to war in Iran, the White House program to disseminate fake news, NSA spying, secret police torture, the latest 9-11 information, and much, much more.
00:51:37.000Terror Storm is the definitive guide to the history of government-sponsored terrorism.
00:51:41.000It's an anthology of government crimes.
00:51:44.000Terror Storm is a film that everyone who wants to be truly informed must see.
00:51:48.000Get your copy today at Infowars.com or PrisonPlanet.com or by calling toll 3-1-888-253-3139.
00:51:56.000Or watch it right now online at PrisonPlanet.tv.
00:52:01.000Are terrorist cells or prime terror targets located near you?
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00:55:26.000Troy and Patrick and Josh and Pam and many others.
00:55:30.000But before we end this hour, Aaron, I again want to encourage listeners to go to Infowars.com.
00:55:36.000To get Terror Storm, to get America Freedom From Fascism, or to call toll free to get both the films, 888-253-3139.
00:55:42.000And when you buy America Freedom From Fascism for $19.95, I think it's worth $50, and you support Aaron Russo, you also get my new film Terror Storm if you want it for $9.95.
00:55:53.000Well, here's what I do know, first hand.
00:55:58.000I haven't heard you talk a lot about that, I guess because I haven't asked you.
00:56:00.000Give us your take on it and some of the other reasons you know it's an inside job and where you think that's going because they did overreach and why they thought we'd be stupid and wouldn't see through it.
00:56:10.000Well, here's what I do know firsthand.
00:56:13.000I know that about 11 months to a year before 9-11 ever happened, I was talking to my rapper fellow friend, and he said to me, and there's gonna be an event.
00:56:25.000And he never told me what the event was going to be.
00:56:27.000I'm not sure that he knew what the event was going to be.
00:56:30.000He just said there's going to be an event.
00:56:33.000And out of that event, we're going to invade Afghanistan, so we can run pipelines from the Caspian Sea.
00:56:38.000We're going to go into Iraq to take the oil and establish bases in the Middle East and to be in bed with the... We're going to make the Middle East part of the New World Order.
00:56:50.000And we're going to go after Venezuela.
00:56:51.000That's what's going to come out of this event.
00:56:54.000And 11 months, a year later, that's what happened.
00:56:57.000And I don't know that he knew what the event was going to be, but he certainly knew that something was going to happen.
00:58:18.000You know, I don't know, I don't know if they'll get us all, they're not going to get us all.
00:58:22.000All I know is that people like you and I, Alex, we have to stand up and hopefully other people will stand with us so we can lead a revolt across this country.
01:00:20.000There's a lot of blatant lies, a lot of facts distorted, a lot of relevant information was ignored, and several quotes taken out of context.
01:00:28.000Well, I'd like you to give me specifics, sir.
01:00:30.000Well, the blatant lies was the USS Liberty.
01:00:34.000That was a very unfortunate situation.
01:00:38.000You know, I'm going to stop you right there, because I have interviewed The Chairman of the Joint Chiefs of Staff, I've interviewed, what, four of the other Admirals, two of them that took the call from LBJ, on the ships.
01:00:51.000I've interviewed the First Mate, the Doctor of the ship.
01:00:54.000I've probably interviewed, it's got to be more than 20 people that were on that ship.
01:00:59.000And everything we said in there was what they said happened.
01:01:03.000They were told they'd be killed if they talked about it.
01:03:56.000After a year in production and traveling to distant lands, my new film Terror Storm is complete.
01:04:02.000Shocking declassified government documents prove that western governments are orchestrating terror attacks against their own populations as a pretext to enslave them.
01:04:10.000Terror Storm proves that not only was 9-11 an inside job, but the attacks of 7-7 in London were carried out by British intelligence.
01:04:18.000Terror Storm chronicles the lies that took us to war in Iran, a White House program to disseminate fake news, NSA spying, Secret police torture, the latest 9-11 information, and much, much more.
01:04:29.000Terror Storm is the definitive guide to the history of government-sponsored terrorism.
01:04:33.000It's an anthology of government crimes.
01:04:36.000Terror Storm is a film that everyone who wants to be truly informed must see.
01:04:40.000Get your copy today on Infowars.com or PrisonPlanet.com or by calling toll-free 1-888-253-3139 or watch it right now online at PrisonPlanet.tv.
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01:08:48.000So Aaron Russo didn't have much time to respond.
01:08:51.000You want him to respond, and he can come back, Troy.
01:08:54.000Well, I think this may have a lot of courage to get on the air and say this nonsense, but I mean, the truth is that Larry Silverstein said the fire department decided to pull the building.
01:10:11.000And by the way, if the fires were so hot when it collapsed, why did the fire tapes report that the fires were knocked down in both buildings to very small pockets, and the people were standing there for 15-20 minutes waving, where the hottest fires supposedly were, waving for help.
01:10:25.000It can melt giant, four-foot-round, 47 huge steel beams in the center alone.
01:10:30.000Meanwhile, the Homeland Security propaganda claims that there were no central columns in Tower 1 or 2.
01:10:36.000And why was the steel sent off to China immediately?
01:10:56.000Let me give you an example of what Popular Mechanics did with Homeland Security Director's nephew, who then lied about it and later had to admit he was a nephew and they are friends.
01:11:04.000So they first had to claim he wasn't the nephew of the Homeland Security Director.
01:11:08.000Benjamin Chertoff calls me and keeps bringing up things I never said.
01:11:12.000This is, you know, like three months before the story comes out.
01:11:15.000And they've got this whole team calling me for days and I'm talking to them on the phone.
01:11:19.000And I'm sitting there, and they go, well, we called this university that you claim you called and interviewed, and they say you never interviewed them about the seismic data.
01:11:28.000And I said, what article are you talking about?
01:11:30.000And they said, well, this one here written by this person.
01:11:32.000I said, that's a link I put on my site.
01:11:34.000Did you ask if that person interviewed them?
01:11:58.000They say that the North Tower fell and hit it.
01:12:01.000Megs, the guy that runs Popular Mechanics on national TV, keeps saying the North Tower fell into it when NIST has withdrawn that because it's not true.
01:14:15.000He just has his belief system can't accept what's happening in this country, that's all it is.
01:14:20.000You know, his belief system doesn't allow him to accept the truth.
01:14:23.000So if you're saying this country gets worse each and every day, that's pretty much what you're saying is it's going to get worse and worse.
01:14:27.000Yeah, we're going to hell in a handbasket.
01:14:50.000Every day I see, oh yeah, you know what?
01:14:53.000A young man just burned an American flag, which I find to be despicable, but I'll fight to the death for his right to burn it, and that just arrested him.
01:15:05.000You don't know what the Bill of Rights is, do you?
01:15:07.000If they can take his right, they can take your right to do something.
01:15:10.000Alex, why are you wasting your time with this guy?
01:15:12.000Well, I want to illustrate, Aaron, what we're up against.
01:15:15.000Well, why are y'all wasting your time with this 9-11 inside job when, A, it wasn't, and B, you're never going to convince anybody it is, and your whole movement is nothing but a waste of time.
01:16:11.000I have done over 4,000 interviews when I quit counting a year ago, on 9-11, since 9-11, and I'm on shows where the host is attacking me, in Houston, in San Diego, on Lars Larson, on 200 radio stations last week.
01:16:23.000He took about 10 calls, and one of them disagreed with me.
01:16:26.000And he was incoherent, and didn't know any facts or information, just like you.
01:16:30.000So there's your proof, right there, buddy, that we have won, and we're gonna defeat you!
01:17:56.000Uh, upstanding family, upstanding business owner, uh, Kelly Rushing, because he gave the state police a Ron Paul video in one of my videos.
01:18:18.000Well, I usually agree with Sean, but if he says that, I don't agree with that.
01:18:22.000But let me say, if it truly was an inside job, and you're exposing this, the United States government would have you killed and make it look like an accident.
01:18:30.000They have killed a lot of us, and you know what?
01:18:35.000They could kill you and make it look like an accident.
01:18:37.000Yeah, if they killed me, it would turn me into a Malcolm X or a Martin Luther King, you twit.
01:18:42.000And I'm so sick of people telling me- They can make it look like an accident!
01:18:44.000You know how many patriots have been killed?
01:18:46.000You know how many patriots have been killed?
01:18:48.000And I'm sick of people like you making jokes about it!
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01:21:55.000David J. Smith for Newswatch Magazine.
01:21:58.000Did you know that the United Nations' basic philosophy is both anti-American and pro-dictatorship?
01:22:05.000Did you know that the United Nations was founded by Communist and Marxist members of the Council on Foreign Relations, whose goal is a socialistic one-world government?
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01:24:44.000Oh, you watch Terror Storm, but you said it's not true when it is.
01:24:48.000How do you say the USS Liberty wasn't a deal worked out between Israel and of course the President at the time as a pretext to go to war with the rest of the Middle East?
01:24:59.000They didn't go to war with the Middle East.
01:25:02.000Because they couldn't sink the ship, sir!
01:25:06.000Because McGonagall tied his guts in and stayed at the helm and they battened down the hatches when the torpedo blew a 35 foot hole in it.
01:26:30.000You know, there are people in life, if there wasn't opposition to the way you think, then we wouldn't have a problem doing what we're doing.
01:26:38.000I mean, there are people... That's how the New World Order gets by, because there are people like this who refuse to look at the truthful facts, who don't understand what happened on 9-11, who think it's okay for the government to tax you, and because he may not pay because he's got five kids, it's okay to be a slave.
01:26:53.000He doesn't care if there's no law or what the Supreme Court has ruled, because it doesn't affect him.
01:26:59.000You know, it doesn't matter how it may affect other people.
01:28:01.000Last year there was a big furor locally we made and so they had a, well all over the country they had similar newscasts saying mercury is now good for your brain.
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01:32:20.000I just hope you'll visit Infowars.com, I-N-F-O-W-A-R-S.com, and the secure online video and bookstore shopping cart, and get America Freedom to Fascism, $19.95, and support this incredible filmmaker, Aaron Russo, in our operation here.
01:32:34.000And for $9.95, for a limited time, get Terror Storm for $9.95.
01:33:15.000Underwriting Laboratory, with their internal year-long study with models, shangles, this couldn't have been brought down by fire, especially seven.
01:33:56.000Fox, CBS, and ABC are all in one building.
01:34:01.000And they send out the video feeds and then the local reads a New York written teleprompter read.
01:34:08.000So this is a New York written teleprompter read and I typed this into Google last year when it happened, I guess it was two years ago now, and I found hundreds of CBS reports And ABC and Fox reports saying the exact same words.
01:34:21.000People wonder why it's the same four newscasts in the same order with the same headlines.
01:34:25.000It's all written in one place, except NBC's separate for some reason, but they're owned by defense contractor GE.
01:34:31.000So, so, so, here they are saying, in the little medical blurb part, that mercury's actually good for your brain.
01:34:36.000Mercury-containing vaccines may have on kids.
01:34:39.000A life-saving device wins over-the-counter approval by the FDA.
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01:34:45.000A new corrective eye surgery is approved today.
01:34:48.000Here's tonight's medical headlines with medical watch reporter Seema Mathur.
01:34:54.000Mercury-containing vaccines may help not harm kids, according to two new studies in the journal Pediatrics.
01:35:00.000There have been widespread concerns that mercury-based preservatives in vaccines might impair the neurological development of children.
01:35:07.000These new studies suggest that the opposite, that the preservatives may actually be associated with improved behavior and mental performance.
01:35:37.000Well, we also told him the Federal Reserve was private and he was laughing at us.
01:35:42.000Well, the whole point is there are people out there who just refused
01:35:45.000I look at facts, who are living a life, you know, he's getting by while he watches his football games, whatever he's doing, he thinks life is okay, and that's the way it is, and we're going after these terrorists because they really brought down 9-11, you know, and we're doing the right thing, we're torturing them because they're protecting human life, and that's what he thinks, you know, and he buys the story of the neocons, and that's the game, and there are people who buy those stories, and that's what it is, and there are people who say,
01:36:13.000Who understand what we're saying, and understand what the truth is, who see beyond the facade.
01:37:26.000I only had him on for 20 minutes to illustrate the idiocy of these type of people.
01:37:32.000This is why we need to get America Freedom to Fascism.
01:37:34.000This is why you need to get Terror Storm.
01:37:36.000This is why you need to get them and make copies of them and get them out to people.
01:37:39.000Go to InfoWars.com, have house parties, go crazy, never stop, tell people about Terror Storm online, email it out to everybody, email out the link to America Freedom to Fascism to everybody we got up on InfoWars.com.
01:37:50.000Do it now because we cannot let this horde of miscreant fools like this guy, controlled by these devils, rule us.
01:37:59.000Well, I couldn't have said it any better.
01:38:01.000I mean, people just have certain beliefs.
01:38:08.000I mean, come on, we all know what Sean Hannity is.
01:38:10.000He's bought and paid for by the neocons.
01:38:12.000And, you know, the war in Iraq was a legitimate war, and it's okay to go over there and kill all these people, and it's okay to torture people, and that's what we're living with.
01:38:21.000We have people in America who feel that way, and it's unfortunate, but that's the reality, and that's what we have to overcome.
01:39:04.000Sean Hannity, I have on tape, in my film, Police State 3 Total Incitement, no, no, it's in Masters of Terror, saying everybody needs a chip, and I have Andy Rooney on CBS saying everyone should be forced to take a chip to prove we're quote good people, but it doesn't exist.
01:39:20.000I mean, well, in my movie, you have Biden telling the Supreme Court Justice Roberts, you're going to have to rule that we can do this to people to track them.
01:43:45.000Well, I just wanted to ask if you can counter this.
01:43:51.000I'm just saying that the controlled electronic voting machinery is pretty much set in place, and the more people that show up to vote, the more numbers the computer hackers have to play with.
01:44:07.000But what would be your counter argument to what I'm saying?
01:45:46.000You were bringing up, look, the Iranians are almost no threat compared to other countries.
01:45:52.000In fact, I want to play this little clip here.
01:45:54.000It's the one about Iz and culture on drugs.
01:45:58.000She looked totally out of her gourd on TV.
01:46:00.000But I'm not going to play that part because you can't see it on the radio.
01:46:02.000I want you to hear this ad they're running against a Democrat where they claim that Iran's about to hit us with nukes and is on the verge of having them.
01:46:10.000Just roll about a minute of that, guys.
01:46:14.000North Korea, close to a nuclear missile to reach America, yet Casey opposes deploying a missile defense system now.
01:46:20.000Iran, also close, yet Casey opposes creating the bunker busting bombs that may be needed to stop them.
01:46:27.000China, drilling oil just 50 miles off our coast, yet Casey opposes us doing the same.
01:47:21.000You know, comparing it to Gitmo, there's this big debate.
01:47:24.000Should they release the real photos and videos of the raping children and women that Congress has been allowed to see from the camps in Iraq?
01:47:33.000And yeah, I think they should blur him out, but they should release him because, you know, these neocons get on radio and say it's not torture.
01:47:40.000I mean, Limbaugh, I have him on tape, we're not going to play it, we've played it so many times, saying it's having fun.
01:48:27.000And then I have three observations, and I'll try to make them fairly quick.
01:48:32.000The first is just a passing comment and not very relevant, but I wanted to point out to Austin listeners, Alex, that last Sunday, Austin was chemtrailed very heavily, and I was the last caller holding when your show ended Sunday.
01:48:46.000I was trying to call to say... Chemtrailing is precious.
01:50:02.000Shocking declassified government documents prove that western governments are orchestrating terror attacks against their own populations as a pretext to enslave them.
01:50:10.000Terror Storm proves that not only was 9-11 an inside job, but the attacks of 7-7 in London were carried out by British intelligence.
01:50:18.000Terror Storm chronicles the lies that took us to war in Iran, a White House program to disseminate fake news, NSA spying, secret police torture, the latest 9-11 information, and much, much more.
01:50:29.000Terror Storm is the definitive guide to the history of government-sponsored terrorism.
01:50:33.000It's an anthology of government crimes.
01:50:36.000Terror Storm is a film that everyone who wants to be truly informed must see.
01:50:40.000Get your copy today at Infowars.com or PrisonPlanet.com or by calling toll-free 1-888-253-3139 or watch it right now online at PrisonPlanet.tv.
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01:53:39.000This is no different than what happens at the Skull and Bones initiation, and we're going to ruin people's lives over it, and we're going to hamper our military effort, and then we're going to really hamper them because they had a good time.
01:53:51.000These people are being fired at every day.
01:53:55.000I'm talking about people having a good time.
01:53:56.000These people... You ever heard of emotional release?
01:54:00.000You ever heard of need to blow some steam off?
01:54:03.000And then he sells Club Gitmo shirts and says it's a wonderful place to be, Aaron.
01:54:37.000Okay, the Liberty Dollar, for those, libertydollar.org, for those that aren't familiar, the gold coin that came out in about 1998, and it's not legal tender, It's just recently getting hit by the U.S.
01:54:51.000News with statements on their website and police have actually started arresting people for it.
01:55:13.000Did you hear about the story last year where a scout leader had a contest, we had a bunch of $2 bills looking up from it, and he was well known in the community.
01:55:22.000He went to Best Buy and bought some CDs with some $2 bills.
01:55:26.000They thought it was fake and arrested him.
01:55:27.000The cops and the store people were so dumb.
01:55:29.000All of them collectively didn't know $2 bills were real.
01:55:32.000I heard that story, yeah, I was aware of that.
01:55:35.000But the thing with the silver, the ceiling, Last caller.
01:56:01.000I just wanted to cover some pre-election strangeness things.
01:56:04.000For anybody who is concerned, as I am and everybody else is concerned, about the elections and the results, what they need to do is they need to go to their election commission and pick up an actual training manual.
01:59:29.000I remember back, oh I guess it was in 2002, in fact I have the article here, March 4, 2002, InfoWars.com, The World Bank and Secret Argentine Plan, transcript of Greg Palast, journalist for BBC and observer in London, And you go to the transcript of the interview with Greg Palast going over what those documents meant that were released soon after Joseph Stiglitz left the World Bank.
02:00:02.000One, I spoke with the former Chief Economist Joe Stiglitz, who was fired by the World Bank, so I on BBC with The Guardian basically spent some time debriefing him.
02:00:10.000It was like one of the scenes out of a Mission Impossible, you know, where the guy comes over from the other side and you spend hours debriefing him.
02:00:16.000So I got the inside of what was happening at the World Bank.
02:00:19.000In addition, he did Not brief me, but I got some other sources.
02:00:23.000He would not give me inside documents, but other people handed me a giant stash of secret documents from the World Bank and the International Monetary Fund.
02:00:31.000And it goes on to say that, and so one of the things that is happening is that in fact, I was supposed to be on CNN with the head of the World Bank, Jim Wilkinson, it's now Paul Wolfowitz.
02:00:43.000I guess you could have Wolf in your name to be there.
02:00:45.000And he said he would not appear on CNN even if they put me on.
02:00:49.000And so CNN did the craziest thing and pulled me off.
02:00:52.000So now they're threatening total boycott.
02:00:57.000We found inside these documents that basically they required nations to sign secret agreements in which they agreed to sell off their key assets in which they agreed to take economic steps which are really devastating to the nations involved.
02:01:10.000And then they didn't agree to these steps.
02:01:12.000There was an average for each nation that signed 100 to 11 items, 111 items that they are required to sign off on.
02:01:21.000If they didn't follow these steps, they would be cut off from all international borrowing.
02:01:25.000You can't borrow any money in the international marketplace.
02:01:28.000Now, no one could survive without borrowing.
02:01:30.000And he goes on in the next, what, 10 pages, the transcript is even longer than that, to break down what these documents entail.
02:01:37.000He put a lot of them on BBC, but there was a news blackout with this.
02:01:42.000We've always wanted to get Joseph Stiglitz on the show.
02:02:11.000If not, we'll have open phones in this third hour.
02:02:13.000Get into Bush's smoke and mirrors, so-called border fence, and a lot more.
02:02:19.000Right here on the GCN radio network, the websites are infowarriors.com, infowarriors.net, jonesreport.com, marshalllaw911.info, arnoldexposed.com, There's a bunch of others I didn't list, but the two big ones are InfoWars.com and PrisonPlanet.com.
02:02:42.000It's here after a year in production and traveling to distant lands.
02:02:51.000My new film, Terror Storm, is complete.
02:02:54.000Shocking declassified government documents prove that Western governments are orchestrating terror attacks against their own populations as a pretext to enslave them.
02:03:02.000Terror Storm proves that not only was 9-11 an inside job, but the attacks of 7-7 in London were carried out by British intelligence.
02:03:09.000Terror Storm chronicles the lies that took us to war in Iran, a White House program to disseminate fake news, NSA spying, Secret police torture, the latest 9-11 information, and much, much more.
02:03:21.000Terror Storm is the definitive guide to the history of government-sponsored terrorism.
02:03:25.000It's an anthology of government crimes.
02:03:27.000Terror Storm is a film that everyone who wants to be truly informed must see.
02:03:32.000Get your copy today at Infowars.com or PrisonPlanet.com or by calling toll-free 1-888-253-3139 or watch it right now online at PrisonPlanet.tv.
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02:04:45.000Alex Jones here with an important question.
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02:07:03.000It's the Election Commission Poll Worker Training Manual.
02:07:06.000For this year, it's have a certifier or whatever, so we've got those... But poll workers have no control over the wireless connections and hookups and... Actually, we don't have those kind of machines.
02:07:20.000Because they're just as bad, you feed them in, and it's then put on computer that can be manipulated.
02:07:25.000Well, the thing is, if anybody wants a recount, we've got those ballots on hand, but they have to refeed, because we are... And refeed them with the same county clerk stealing the election.
02:07:34.000Well, that's why we also have the observers.
02:07:39.000And if somebody wants to be an observer, they cannot keep you out.
02:07:43.000Now, if you have like 20 or 30 of them, that's why it's good to become an observer early on, so that they don't say, well, we've already got 20 people.
02:08:40.000And I was there, and I saw in the Republican primary that was at the Austin Convention Center, I saw cases, I mean I was there stacking the scantrons to make sure they were being stacked correctly or in the right order, I mean I was there stacking the scantrons to make sure they were being stacked correctly or in the right order, facing It looks just like a college or high school exam system, A, B, or C, or whatever.
02:09:09.000And then it's fed through and read by a computer.
02:09:14.000And I mean, Pat Buchanan had more than half.
02:09:18.000I mean, it was, because I have to admit, I was stacking them, I was looking, I was asking other people, I was saying, what are you seeing, Pat Buchanan?
02:09:26.000And you're sitting there, and then I'd take them and cram them in the machine.
02:09:31.000And then it came out that night, he got 8% of the vote in Travis County.
02:09:36.000And then they caught him in Arizona and other places where he'd really won.
02:10:34.000The last one of the other big bestsellers he had was globalization and it's a disconnect.
02:10:38.000Joseph E. Stiglitz, Dr. Stiglitz, won the Nobel Prize in 2001 for his economic ideas and theorems.
02:10:48.000I really think it's better for him to introduce himself, the most important points, because if I tried to go through all his letters and laurels, he would be here for all day.
02:11:09.000My theoretical work, for which I got the Nobel Prize, was called The Economics of Asymmetric Information or Imperfect Information.
02:11:17.000It's about how markets work when some people know more than others, which is the case in all markets.
02:11:26.000And what was so remarkable is that for 200 years, economic theory had been developed on the assumption of perfect information.
02:11:34.000And it was just hoped that a world with imperfect information would be almost like a world with perfect information.
02:11:41.000And I showed that that was obviously not the case.
02:11:45.000But then the other thing I did is I was asked by President Clinton to serve on his Council of Economic Advisors and eventually I served as the Chairman of the Council, which is his chief economic advisor for economic policy and a whole range of issues I dealt with.
02:12:03.000And then after leaving that, in 1997, I went on to work at the World Bank as their Chief Economist and Senior Vice President, which is where I got really very deeply involved in the issues of globalization, which I wrote about in my book, Globalization is Discontent, in my more recent book, Making Globalization Work.
02:12:23.000And rather than get into complex theorems and the unified theory of economics and all of that, because even for myself, it's hard to understand, but for our general listening audience, some probably know as much as you do, but most probably don't have even an idea.
02:12:37.000Can you boil down why you left the World Bank, why you were critical, your term coining the IMF riot?
02:12:45.000What's wrong with the way that the global system is being administered?
02:12:50.000Can you crystallize it in maybe a two-minute statement?
02:12:54.000Well, the most important thesis that I bring out in my new book is that we've become more economically integrated, more interdependent, more dependent on each other, but we don't have the political institutions that can help us address the needs that we have to act cooperatively.
02:13:14.000We have to act cooperatively as we are one integrated world, world economy.
02:13:20.000And the result of that is that, quite often, there are big losers.
02:13:25.000And we haven't paid enough attention to those losers.
02:13:29.000Aren't we really, Dr. Stiglitz, aren't we really seeing modern neo-mercantilism?
02:13:35.000Well, we are seeing it in many places around the world.
02:14:11.000What do you think they're doing that's wrong?
02:14:13.000I mean, the predatory practices, the IMF World Bank documents that came out shortly after you left in the BBC, your meeting with Greg Palast, where, you know, it's this predatory system of going in and blowing out economies so global financial corporations can come in and just take over.
02:14:32.000The more fundamental thing was that the whole system was rigged against the poor countries.
02:14:38.000...rigged for the advanced industrial countries, and that the result of that is that there were an awful lot of losers.
02:14:45.000To give you one example, the last round of trade agreements were so unfair that the poorest countries in the world were actually left worse off.
02:14:57.000So that while the advanced industrial countries, the big multinational corporations, came out as big winners, there were unfortunately a lot of people who were losers.
02:15:09.000But the documents that were released, I mean the premeditated nature of this, who are the players that are behind, you know, not just rigging it where the industrialized corporations that control the industrialized first world systems, I mean really it's a type of weight, you know, the IMF riot, bringing in conditions that cause even greater collapses for greater consolidation.
02:15:34.000Part of the problem is they had an agenda that they talked about called privatization and liberalization.
02:15:39.000Privatization meant selling off government assets, assets that had been invested in over decades to foreign companies, often at a fraction of their true market value.
02:15:54.000So while the citizens of the country had worked hard, saved, invested that money over a period of 20-30 years, When they sold the assets, the citizens of that country got almost nothing for those assets.
02:16:10.000Other cases where water is a basic necessity of life.
02:16:15.000They were crippling in a week, as you wrote.
02:16:18.000I mean, the private corporation pays off the politician, basically, pays off the government, and then seizes the infrastructure, and then jacks up prices.
02:16:26.000I mean, what happened with many of these cases, they had privatization before regulation.
02:16:31.000At least we understand that if you're going to have a natural monopoly, a company selling electricity, if you have only one company doing it, you need to regulate it.
02:16:43.000And what happened to IMF didn't understand what we do here in the United States and what every other advanced industrial country does.
02:16:51.000If you're going to have a monopoly, you have to make sure that it doesn't overcharge.
02:16:55.000So they privatized these government enterprises, didn't put in the regulation, And sometimes the result of that was the prices increased enormously.
02:17:04.000And then the predatory nature was so great it would even then debase the economy to the point of where the privatization went belly-o.
02:17:11.000There were many cases of that kind, but the example in Mexico next door, they privatized the roads, and then of course they weren't able to maintain those roads, and the government had to again take over the roads after the company had collapsed.
02:17:27.000Joseph Stiklitz, former Chief Economist, World Bank.
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02:22:34.000Well, the point was a very simple one.
02:22:37.000They sold the roads to the private enterprise, and the hope was that they would be more efficient.
02:22:46.000Of course, what happens is that they didn't maintain the roads, they couldn't generate enough revenue, and they eventually added default turn but the ropes back to the government different lots of other examples Mexico has provided a number one in more a disastrous was with the privatized the bank I and argument again with that they would be more efficient
02:23:09.000I in many cases that happens but in case in Mexico the way they privatized led to a major banking collapse The government had to bail out.
02:23:21.000A lot of people wound up with a lot of money outside of Mexico.
02:23:28.000And it cost the people of Mexico an amount equivalent to about 40% of GDP.
02:23:34.000It's really one of the greatest robberies that have ever occurred.
02:23:37.000Exactly, and that was well publicized.
02:23:40.000Now, speaking of roads, I was going to bring that up, but not in Mexico.
02:23:42.000Here, the Spanish company Centrum does sweetheart deals, and they've done the calculations even Mainstream News has, for about 5% of the true value of existing roads, they're being ceded them
02:23:54.000But we're talking existing major arteries and being given them to put transponders in the cars, taxes at exorbitant levels, to fund a lot of North American Union projects, some of the government funding goes into that, the new SPP, Security Prosperity Partnership, that's come out, and so I'm now seeing the same IMF World Bank vultures coming into the industrialized world.
02:24:17.000Well, this is a movement that's gone all over the world, a movement trying to turn over Basic facilities, water, roads, to the private sector.
02:24:32.000The reason for it, in part, the good reason is that it's supposedly more efficient, often turns out not to be the case.
02:24:39.000The bad reason, which is really driving it, is that the governments today don't have to pay the budget constraints.
02:24:44.000They get a little bit of money up front, but then the problems are Left to future administrations.
02:24:52.000Isn't it also that 70 plus percent of the stock market ownership is by institutional purchasers in government?
02:25:00.000I don't know the exact numbers, but increasingly a large fraction of our stock is owned by our pension funds, institutions of that kind.
02:25:11.000Well, I looked at the Comprehensive Annual Financial Report for Texas a few years ago, and the lion's share was owned by companies.
02:25:17.000I mean, not companies, but by government.
02:25:30.000So you agree there is a massive move now, not just in the third world, with this so-called privatization that I call hijacking and looting, but now in Europe, the United Kingdom, and the United States, Canada.
02:25:44.000Some of the failures that put a dampener on this movement, and in the UK they privatized the railroads, and everybody today recognizes what a failure that has been.
02:25:54.000The railroads weren't maintained, the roadbeds weren't maintained, there were a number of accidents, people were killed, and so that a number of people are, on the basis of that experience, are rethinking this policy of privatization.
02:26:08.000What has caused predatory globalization?
02:26:12.000What has caused it to shift into such a predatory stance?
02:26:15.000Well, I think, of course, everybody's always wanted to take advantage of others to the extent that they could.
02:26:22.000I think the fundamental difference is a free market ideology that is being used, or more accurately, abused by those who have seen how to take advantage of that rhetoric.
02:26:36.000So, it sounds good to say Oh, private enterprises are more efficient than government.
02:26:43.000But take the Social Security Administration.
02:26:45.000A couple years ago, there was an attempt to try to privatize Social Security.
02:26:51.000The fact is, the Social Security Administration is more efficient than any private insurance company, because they don't have to spend all the money on advertising and trying to cream skim to figure out who's the best risk, who's the worst risk.
02:27:05.000In the UK, they did privatize the Social Security system and at least part of it.
02:27:12.000And the result of that was that benefits were reduced 40% because of transaction costs.
02:27:17.000Dr. Stiglitz, final segment with you on the other side.
02:27:38.000Alex Jones and the GCN Radio Network. . .
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02:31:01.000You can come hear him speak at the Texas Book Festival.
02:31:05.000And we're coming to you live from deep in the heart of Texas, Austin, Texas.
02:31:09.000The websites are www.infowars.com and www.jonesreport.com.
02:31:13.000Dr. Joseph E. Stiglitz, of course, has written Globalization and its Disconnects.
02:31:16.000His new book is out, Making Globalization Work.
02:31:19.000He was the Chief Economist at the World Bank and the Vice President of the World Bank.
02:31:23.000What do you think of the difference between the last head, Wiltonson, and the new head that we see here from the United States, Paul Wolfowitz?
02:31:37.000I worked with Wilkinson very closely, and we tried to actually redirect the World Bank to focus more on poor people, reduce poverty, a comprehensive approach to development, to try to cut back a little bit on the privatization.
02:31:59.000The liberalization was called the Washington Consensus, a consensus between the World Bank and the IMF and the U.S.
02:32:16.000The current administration has not, Wolfowitz has unfortunately not really been able to put together a comprehensive approach to development.
02:32:33.000But it hasn't even put forward a kind of agenda for dealing with corruption.
02:32:36.000For instance, there are these secret bank accounts.
02:32:41.000There was an agreement among advanced industrial countries to do something about the secret bank accounts that play such an important role in facilitating corruption.
02:32:51.000But the Bush administration vetoed that.
02:32:55.000In August of 2001, Of course, in September 2001, we realized that these secret bank accounts not only facilitate corruption, they also facilitate terrorism.
02:33:07.000But the focus was on increasing the profits of those who engage in tax evasion, all those who use these kinds of bank accounts for nefarious purposes.
02:33:17.000But that would take a global authority to do that, so I think on the surface, it sounds good, but that would be dangerous.
02:33:23.000But then it does show that Bush doesn't want to stop all of these other secret bank accounts.
02:33:27.000What do you think about things like John Perkins' Confessions of an Economic Hitman?
02:34:02.000The effects are much the same as if they were a conspiracy.
02:34:05.000And the effects are, we've got super powerful global corporations basically buying off even western governments and using the IMF and World Bank monies to basically go in and blow out economies and buy them up.
02:34:16.000In fact, that was one of my main criticisms, that they push these policies called capital market liberalization that let money, speculative money, come in, come out.
02:34:27.000You can't build factories of money that can come in and out overnight, but what you can do That kind of volatility destroyed the economy.
02:34:35.000The financial markets made money when the money was coming in, then they made money when they had to restructure the devastation that they left behind.
02:34:44.000They've signed it, it's officially now being set up, the Asian Union's been officially announced, but it seems like it's the same corporations that are in there writing up all of the basic laws and tenets of these new global structures, and the people, by and large, aren't even aware of it.
02:35:04.000Part of the thing is, there's something called the North American Pre-Trade Agreement.
02:35:07.000If it were a real pre-trade agreement, it would just be a couple of pages.
02:35:10.000We eliminate our tariffs, they eliminate theirs.
02:35:12.000We eliminate our non-tariff subsidy and our subsidies, they eliminate theirs.
02:35:16.000But these agreements are thousands of pages.
02:35:19.000And of course no citizen can read that.
02:35:21.000Dr. Stiglitz, whenever we hear North American Union or any of this, this is really just powerful interest groups getting together, rewriting the laws under a new framework that suits them.
02:35:32.000Well, I think one of my concerns that I raise is that there is not the kind of democratic accountability and transparency that we've come to demand within our own governments.
02:35:46.000But these international institutions, for instance, don't have a Freedom of Information Act.
02:35:53.000Some of the basic protections that we put in place, transparency, To make sure that citizens can know what is going on, and that's one of the points that I emphasize very strongly, both in my old book, Globalization Makes Discontent, and in my new book, Making Globalization Work.
02:36:10.000Let me ask you, I've got two final questions and I want to plug the book and let you get out of here.
02:36:14.000Global government, I mean, it's here, it's being set up, the three unions are being slowly merged together, but still the mainstream media will call that a conspiracy theory when all the official documents say that this is really being set up.
02:36:27.000Number one, I mean, what do you say about global government, or how it's forming, and why do you think there's so much denial by people that it's happening?
02:36:36.000Well, I mean, first, the fact that we are economically interdependent does mean that we have to undertake certain actions together.
02:36:44.000and if we don't, there are some problems that won't be solved.
02:36:47.000For instance, there were these ozone-destroying gases that were putting holes in the atmosphere, letting in radiation that was causing skin cancer.
02:36:58.000Absolutely necessary to deal with this problem if you don't want to get cancer.
02:37:02.000And so there was an agreement, a very specific agreement only, It doesn't run in the whole world.
02:37:09.000It just says you can't produce those ozone-destroying gases that lead in.
02:37:13.000But if you've got a global authority that knocks out secret bank accounts, and then of course that global power can selectively do that, that is the ultimate tenet of global government.
02:37:36.000I used to see these old cowboy movies when we were growing up, and there would be different states, and the bandit would always ride on his horse across the state line, and the sheriff couldn't stop him.
02:37:50.000Well, if you're going to have safe havens for criminals going across state lines, it's not going to be good for our global economic system.
02:38:00.000So unfortunately, whether you like it or not, we have become interdependent, and that means you have to address some of these problems that go across the borders.
02:38:11.000You've got to go in a minute, but what I'm trying to say is this.
02:38:15.000It's all the mechanisms, the apparatchik of the IMF, World Bank, Ex-Im Bank, World Trade Organization, World Health Organization, NATO, you know, all of these are controlled by the same institutions, all the same money powers, and they're all causing the major problems, and then they always have a good cop, and I don't doubt you're probably a nice person, very intelligent, a good cop who comes out and says, oh we need a loving, you know, global framework, and a good one, and you know,
02:38:44.000So we're given the false choice of a loving global government or an evil, nasty, fascistic, George Bushian global government.
02:38:51.000And at the end of the day, those of us that don't want interdependence, those of us that want to be sovereign, I don't think globalization has been good for the U.S.
02:38:57.000We've gone from the powerhouse to the, you know, to the uh... crap house, excuse me.
02:39:05.000Well, in fact, I think if we hadn't taken advantage of globalization, we would actually be much poorer than we are now.
02:39:14.000Unfortunately, we haven't managed it as well as we should.
02:39:18.000Now, maybe I'm coming from the Midwest.
02:39:21.000I have a certain Midwest optimism that we can do better.
02:39:24.000And it's clear that we've made some very, very big mistakes.
02:39:28.000And you've repeatedly talked about the fact that we've been borrowing.
02:39:32.000We're borrowing $3 billion from countries elsewhere.
02:39:36.000But I don't think it's a mistake that he gives these corporations, they're always left with the bag, the taxpayers pick up the tab.
02:39:42.000Well, I think that's right, and that's why we need more transparency, we need to have more accountability of what our government is doing, we need to know more about what it is doing.
02:39:54.000But that won't be resolved if we walk away from globalization.
02:39:58.000Well, I mean, regardless, the leaders of globalization, the people, the prime movers, they're always grab the money and run, and it's just a revolving door, and it just keeps, it keeps happening.
02:40:06.000I say, you know, go back to, you know, the way it was previous, or the Bretton Woods Agreement, you know, get back, I mean, look at what's happening to the dollar.
02:40:13.000In fact, let me ask you, where do you think the dollar's going, the debt bubble, the real estate market?
02:40:18.000I mean, I saw the Financial Times of London, what, three months ago, saying that the elite is saying we've got to position our money to survive during a crash.
02:40:25.000They're not even saying they can pull us out of it.
02:40:27.000Now there's only a discussion of them surviving the crash landing.
02:41:32.000But I'm saying the same institutions that have always done the same thing in the past, feather their own nest at the expense of the third world and the first world.
02:41:41.000It doesn't seem like they're the people to continue.
02:41:43.000Every time they put us in harm's way, then they come back with a new solution.
02:41:48.000I mean, you take, say, Nigeria borrows $5 billion, they end up paying $33 billion, and then now we call it debt forgiveness to cut back some of what they owe.
02:41:56.000If they've paid $30-something billion off of an initial, you know, $4 or $5 billion, then they don't owe anything!
02:42:02.000I agree with you on that, and in fact, it's worse than what you described, because accompanying that debt forgiveness is a whole set of conditions that make them give up their sovereignty.
02:42:12.000And in some countries, the loans in the first place were We're made for arms payments that go to arms dealers.
02:42:20.000The money didn't even go to help the people of the country.
02:42:23.000What elite do you think is preeminent right now in global politics?
02:42:43.000All of these groups are powerful and influential.
02:42:47.000I think, unfortunately, in this current administration, the defense industries and the energy industries have really been running the show, and it has been disastrous.
02:42:58.000I don't think there's ever been a time in recent history where two groups, two industries like that, have exerted so much influence on policies to such disastrous effects.
02:43:09.000So there's not enough separation of powers?
02:43:13.000Well, we still have our different groups in Congress.
02:43:56.000Due process, rid of habeas corpus, you can't be put in prison without Uh, you know, uh, uh, government bringing charges against you.
02:44:07.000I think that almost defined us as Americans.
02:44:09.000Do you think that we are in danger of ending up having what you call the IMF riots someday here in America?
02:44:14.000Uh, I don't think we're in danger of those kinds of riots, but I do think that we ought to be thinking a lot more about our basic rights and principles.
02:44:24.000And that bill, as far as I can understand, really did compromise some of our basic rights.
02:44:31.000And we thought of it as only compromising the rights of some people who are not Americans, but once you start breaking down these principles, you know, there's a basic golden rule, do unto others as you would have them do unto you.
02:44:44.000Well that's what's scary, they said it didn't affect citizens, but it does say in there, it does, sir.
02:44:48.000Well, and not only that, other countries are going to reciprocate.
02:44:52.000And Americans are traveling all over the time, you know, doing business in other countries, So in fact, it does put Americans at jeopardy, and no matter what, you look at it.
02:45:03.000Do you ever talk to David Rockefeller?
02:46:16.000What they said is that I could stay as long as I didn't say anything and didn't talk to the press, didn't talk on radio.
02:46:23.000I had originally come there and said, you know, if I'm going to go accept this kind of job, I want to be able to speak my mind, talk about what I think is what ought to be done for Making the world a better place, helping the developing countries, helping the poor in the United States and other advanced industrial countries.
02:46:41.000They weren't interested in that, and so we amicably parted ways.
02:46:48.000Did they get mad when all those documents magically were released?
02:46:52.000Well, the people at the IMF were not very happy when I criticized them.
02:47:00.000I think they were particularly unhappy Because I predicted that certain things would happen as a result of their policies.
02:47:09.000If I'd been wrong, I think they could have forgiven me, but the fact that I was right made them particularly upset.
02:47:15.000And when you say correction, again, the Financial Times and others are saying they see massive upheaval.
02:47:21.000I mean, when you say correction, are you talking about... I mean, openly, the financial elite are talking about just trying to survive what's coming.
02:47:27.000Do you think the debt bubble will pop, or what's going to happen?
02:47:30.000Well, I think it all depends on how well this whole thing is managed.
02:47:34.000There is absolutely no doubt that there is misalignment, is the euphemism that people use, and that there will be a correction.
02:47:45.000I think if it's handled well, there'll be a slowdown.
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02:51:49.000But I want police and military and government people listening who don't study wide spectrum data to realize that I can have an engineer in about the collapse of buildings.
02:51:58.000I can have a Nobel Prize winner in economics on.
02:52:01.000We can have somebody on about ranch management.
02:52:03.000We can have somebody on about any issue.
02:52:05.000I'm going to speak on something I know what I'm talking about.
02:52:44.000Well, I know the Dow's rigged with only winners, and I know the money supply's been devalued by 44%, so the Dow's really at 6,200 and something.
02:54:04.000But he doesn't understand the full paradigm.
02:54:07.000And he understands his limited spectrum of analysis, which is understandable.
02:54:10.000You know, he can go to higher levels than any of us when he studies one small sliver.
02:54:14.000I study the full spectrum, and I mainly go to history because humans tend to do the same things over and over again, so I can see a condensed version of what's happening today in any aspect I wish.
02:54:25.000Please give America freedom to fascism.
02:54:26.000It exposes the banking system, what's really happening.
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02:54:39.000Ron in Georgia, you're on the air, go ahead.
02:54:42.000Alex, I just had a comment about the gentleman that called in earlier.
02:54:46.000If he doesn't believe anything that's going on and he believes that everything is just fine, why is he listening to your show?
02:55:07.000The chains of our captivity are not bound so tight as to deprive the mind of free thought.
02:55:12.000They lay rather on the foundation of the ever-shifting sands of lies and iniquity, shielded from the light of truth by the shadow of our own fears.
02:55:22.000Well, I mean, I just had a 45-minute discussion with a Nobel Prize winner, former head of economics at the World Bank, and he agreed with everything I said.
02:55:47.000I was wondering if you could give somebody some advice on starting a newsletter that basically copies all the headlines of Prison Planet from my local area here.
02:55:56.000For people that don't read the internet, maybe would pick up the newsletter instead, read the same headlines.
02:56:02.000I'd take the articles we write every week, they're the best, and I'd take four or five of those every week or every month or ten, whatever, and do it that way.
02:56:10.000And to get freedom to fascism in my local theater, we'll investigate it, don't we?