On this Friday edition of the Alex Jones Radio Network's flagship show, host Alex Jones is joined by Lou Dobbs, Sarah Carter, and John Williams of Shadowstats to discuss a variety of important economic topics, including the Mexican drug war, 9/11, stagflation, and much more!
00:00:13.000He's Alex Jones on the GCN Radio Network.
00:00:17.000And now, live from Austin, Texas, Alex Jones.
00:00:21.000Well, we brought you Lou Dobbs yesterday, and another award-winning reporter, Sarah A. Carter from Washington Times on and another award-winning reporter, Sarah A. Carter from Washington Times on the border war that's raging. - I'm The Mexican military basically taking over organized crime in areas of the U.S., not just in Mexico.
00:00:50.000We have another big transmission lined up for you on this Friday edition.
00:00:57.000John Williams of Shadowstats.com, a very respected forecaster and economist, who consults with some of the largest Fortune 100 companies out there, is going to be joining us coming up in the second hour.
00:01:12.000Remember, they played a clip of him earlier this week on CNN talking about an inflationary depression, and with all the new numbers coming out, It certainly looks like it's going in that direction.
00:01:25.000He'll be joining us coming up 60 minutes from now, about 59 minutes from now.
00:01:28.000And then Steve Alton, about a month ago I got this book in, and it said, The End of Oil, The Next 9-11, The End of Civilization.
00:01:36.000And I didn't have a chance to read it, so I didn't get him on, and then Paul Watson told me he's been trying to contact us and get us on, and then I noticed he was on national CBS radio, doing a great job exposing 9-11, and he's been kind of one of the consummate insiders Uh, on the pro-war side, so, uh, we will, uh, we will, uh, have him on to talk about the Shell game, his new book.
00:02:03.000So, uh, better late than never, because now he's getting a lot of attention, and we're glad he is.
00:02:08.000So that is coming up in the third hour today.
00:02:14.000You know, sometimes you run into things from just a year and a half, two years ago, and it seems like a million years ago.
00:02:19.000But at the same time, it seems like yesterday.
00:02:21.000You know how it can seem like it was ancient, but also just yesterday?
00:02:25.000This morning, I always surf around, at least 20-30 minutes on YouTube, seeing what new stuff is up there.
00:02:29.000And I noticed that all 11 parts, in 10-minute segments, of the close to 2-hour piece that we did on C-SPAN, back in May of 2006, 9-11 Neocon Agenda Symposium, And so I thought I would just play maybe my introduction to that as a blast from the past, and later today up on InfoWars.com, we're going to post all 11 parts to that.
00:03:00.000Just two years ago, YouTube was still kind of in its infancy, and we did upload some clips, and they didn't look too good, and it wasn't really on YouTube two years ago, a year and a half ago.
00:03:08.000Now it is, and so we'll push that, and hopefully you get it out to everybody, because for a lot of people, something old that they hadn't discovered is really new.
00:03:19.000So that is coming up later in the broadcast today.
00:03:22.000We're going to have this economic expert on with us scheduled for an entire hour.
00:03:27.000And so that means that if you've got economic questions, we're going to try to open the phones up while he is on with us today.
00:03:34.000John Williams of ShadowStats.com coming up in the next hour.
00:03:41.000Some of the other really important news I have for you on this important Friday broadcast Lou Dobbs, U.S.
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00:07:35.000Anybody over 40 in the North American continent should be using this product as a preventative to keep their cardiovascular From his Central Texas Command Center, deep behind enemy lines, the information war continues.
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00:08:00.000From his Central Texas Command Center, deep behind enemy lines, the information war continues.
00:08:08.000It's Alex Jones and the GCN Radio Network.
00:08:12.000We have videos up on YouTube that have millions and millions of views. .
00:08:28.000The average YouTube video that we put up gets about 50,000, 60,000 hits on average from what I've seen.
00:08:36.000But there are thousands of listeners to this radio show that post hundreds of videos a day.
00:08:42.000And for some reason, what they put together gets even more hits in one day.
00:08:47.000And this is a lot, because this just went up yesterday.
00:08:54.000And YouTube updates about three times a day.
00:09:38.000I'm going to play that, but I've got to play it in the first hour.
00:09:41.000People see me getting passionate and upset and some people question, is it real?
00:09:45.000Believe me, ladies and gentlemen, I wish it wasn't real.
00:09:48.000I wish that when I get up on television and I start talking about really hardcore issues or radio that I didn't get upset.
00:09:56.000I try as hard as I can to not get upset.
00:09:59.000I actually succeeded this Monday on the weekly TV show that will be up in the next few days for presentplanet.tv viewers and super high quality.
00:10:07.000I actually succeeded in being calm for a full hour talking about the puppy murder incident and all the other animals being killed and how neocons are defending it.
00:10:16.000I was extremely calm the entire time, but in a way it's not good to be calm.
00:10:21.000We can't just sit here and take this anymore.
00:10:27.000I am threatened at a very base level by people that think all this is okay.
00:10:33.000So we will play that Alex Jones Question Your Reality is the name of the piece.
00:10:39.000It's up on InfoWars.com a little bit later in the show.
00:10:43.000Again, we just joined us top forecaster and economist John Williams, who was reported on CNN talking about how we're going into inflationary depression.
00:10:56.000He's going to be joining us and Steve Atlin.
00:10:59.000Alton, I can't suddenly remember who's coming on.
00:11:01.000Steve Alton coming on in the third hour with his new book, The Shell Game.
00:11:07.000New York Times bestselling author of Meg and the Lock.
00:11:13.000The end of oil, the next 9-11, the end of civilization.
00:11:21.000Let me just hit some economic news now.
00:11:26.000And it's just more of the same, but it's deepening.
00:11:28.000As we told you two years ago, that 2008 looked to be the beginning of the slide.
00:11:35.000We were able to predict this because we had scores of top economists from Nobel Prize winners to the father of economics on the broadcast of the former chief economist of the World Bank.
00:11:47.000And last January, I asked Joseph Stiklitz here on air, now over a year ago, I said, If the globalists that you've worked for do not change their policy and have some of the same quote reforms that Dr. Roberts and others have called for, Joseph Stiklitz said, that we would begin to see a unraveling slow slide into full collapse by early 2008.
00:12:14.000And remember we continued to say for the last two years The middle of 2008.
00:12:26.000Last year when a lot of other pundits were either saying the economy was wonderful and everything was blue skies and it was Al-Qaeda.
00:12:33.000They actually said this Al-Qaeda propaganda that our economy was doing bad and that if you didn't like the Federal Reserve's policies or you said we had inflation, you were aiding Al-Qaeda.
00:12:46.000Running the gamut to other Patriot talk show hosts and others, and I don't blame them because it looked like it could implode any time.
00:12:52.000We're saying, no, it's going to happen now, it's going to happen this week, it's going to happen this month.
00:12:55.000And I kept saying, well, from all the experts we've talked to and all the information we have, it looks like that this will come unhinged and begin to fully unravel.
00:13:08.000The debate was between February and July to August.
00:13:14.000The only debate was, because the first earnings start coming in in February, and then more of the reports come out at the end of the summer, going into the fall, and then that's going to, you know, after years of being in a recession, we've really been in one more than two years, if you look at the real numbers, they just kept the facade going that we weren't, that then, if we don't have a good Christmas, and there isn't spending, that this fiat-based economy will
00:13:42.000Plunge a whole other level downwards into 2009, and it will continue for at least three years thereafter.
00:13:53.000And do we have a Ron Paul who's going to be in the White House?
00:13:55.000Do we have someone who has actual policies that are constitutional, historical, and make sense, that would sure up the dollar, that would sure up our credit and our name, so people wouldn't dump the dollar?
00:14:07.000No, they're giving you Barack Obama, Hillary, or McCain, who are all exactly the same in real policies of George Bush, other than Barack Obama in one area, and that's saying no to the Iraq War.
00:14:20.000In one area, he was different from Hillary and McCain.
00:14:24.000But on every other issue, every other issue, they want open borders, gun control, big government, More socialized health care, and McCain is different from those two, and then he's not openly for socialized health care.
00:14:39.000Out of the three, and I'm not saying vote for either one of the three, I've really spent a lot of hours thinking about this, McCain and Obama are better than Hillary.
00:14:51.000And I say that because at least Obama was against the war, and McCain isn't for socialized health care.
00:15:00.000Hillary Was for the war and is for government-controlled rationing, socialism, which means government control.
00:15:07.000You say you don't want the government involved with your body?
00:15:09.000Do you know what it means to have government-controlled health care?
00:15:11.000Do you have any idea with these eugenicists running things?
00:15:14.000Of course, if we had angels running things, then as a bleeding heart position, you could argue for socialized health care.
00:15:22.000I'm not even saying that would work or be a good idea.
00:15:56.000I mean, even if you're going to be a socialist, at least be a local one.
00:16:02.000There are some small socialist communities that have actually done okay, but because its people have more control over how it's divvied up.
00:16:10.000And again, I'm 180 degrees against that system.
00:16:14.000Liberals look at the, quote, free market and think it's capital, you know, crony capitalism.
00:16:22.000Where the elites come in and use government for corporate welfare, and where they go out to their own competition and shut people down, and shut down family farms, and hoard, and bid rig, and scam, and that's not capitalism!
00:16:39.000So I'm already digressing here into economic theorem.
00:16:45.000We've seen it played out in hundreds of countries.
00:16:54.000Oh, it works for a tiny elite to get total control and then have their way with you, and then any mistakes they make are magnified because there's no checks and balances.
00:18:21.000The way people drive, myself included sometimes, if we had a hundred mile an hour speed limit, and now I'm really digressing and talking about things that don't matter.
00:18:57.000The amount of destruction that we've seen.
00:19:01.000The dollar sank to another record low Friday against the Euro, which topped 154 for the first time at every European Central Bank, held its benchmark interest rate steady, and singled no rush to change it.
00:19:12.000Then you read this article out of AP, and it never tells you why.
00:19:17.000Why won't these reporters tell you what that, just the basic mechanics?
00:19:21.000I know full-grown adults that live in million-dollar houses, who make $300,000 a year, and they don't know, they don't have talks with them.
00:19:33.000When our interest rates are 3%, and theirs is 5.5%, Are other governments and institutions and private individuals going to buy Euros and British Pounds?
00:19:48.000Or are they going to buy dollars if they get a bigger return on buying the other currencies, the other investments?
00:19:55.000See, the government, our government's policy of low interest rates is killing us!
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00:23:40.000Or you can view more than 1,000 titles in super high quality right now at PrisonPlanet.tv.
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00:25:31.000So Dollar Paul's the new record, Loeb.
00:25:34.000Gold right up there at $9.80 still today.
00:25:38.000Employers slash jobs by most in five years.
00:25:42.000But remember in the last six, now six and a half years, The average American lost more than a thousand dollars a year in pay, and replaced good-paying jobs, and factory jobs, and computer jobs, and value-added jobs, manufacturing jobs, with service jobs.
00:26:04.000Now, the service economy is viciously contracting.
00:26:09.000And I'll tell you, Austin, Texas is supposedly the biggest boomtown in the U.S.
00:26:14.000It is now, per capita, the richest city.
00:27:16.000But I told you about six months ago, my uncle lives out in the country, and there's these swan trucks that deliver... Yeah, it's decent food.
00:27:24.000It's not really, you know, good stuff like you get at the grocery store or fresh produce, but it's... It's just frozen food they deliver, and everything from ice cream to steaks.
00:27:33.000And they were talking about not even coming out there anymore, because everybody's maxed out their credit cards just to buy gas to go to work, and people aren't buying like they used to, and they're saying they're going broke!
00:27:43.000See, that's the kind of little intel you'd get.
00:27:45.000I remember being five years old out there on the ranch and the swan truck pulling up on the weekend when I was staying down there on the summer and I'd be happy because Meemaw would get me a box of popsicles from the swan truck.
00:28:05.000Or those little frozen pizzas I liked.
00:29:27.000Stark has signed, yet the country is headed dangerously towards recession, or is in one already.
00:29:33.000The Labor Department's report released Friday also showed that the nation's unemployment rate dipped to 4.8 percent, as hundreds of thousands of people, perhaps discouraged by their prospects, left the civilian labor force.
00:29:46.000What does that mean, left the civilian labor force?
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00:31:06.000We've tried to give you knowledge to help you prepare for rough times.
00:31:10.000There's the worldwide famine and our country's dependence on often dangerous food imports.
00:31:15.000You know about genetically poisoned food.
00:31:18.000Two-thirds of the food is disappearing with the bees along with huge crop failures from all-time record water shortages.
00:31:24.000You know they're turning food into fuel with corn ethanol plants.
00:31:29.000If we do not control our food, food will be used to control us.
00:31:33.000Food control has been the plan historically in every enslaved population and is the plan for America.
00:31:39.000The only value of the knowledge you have to take control of your food is if you choose to get a supply while you still have the freedom to choose.
00:31:47.000Call 800-409-5633 on the web, efoodsdirect.com.
00:31:48.000800-409-5633 on the web, eFoodsDirect.com.
00:32:03.000Are you tired of giving your hard-earned dollars to the major oil companies?
00:32:07.000Did you know that the oil companies have developed special products to increase mileage in their own vehicles?
00:32:12.000Very few consumers even know such products exist.
00:32:14.000SFR has obtained this technology that is backed by testing that the major oil companies have run, yet they don't want you to know about them.
00:32:22.000This product is made right here in the United States and is not a typical gas treatment found at your local store.
00:32:30.000SFR works so well that it even improves mileage on new cars.
00:32:34.000SFR recently ran this ad, and the response from all over the United States was so strong that they are allowing my listeners to buy one at their regular price of $9.95 and get another one free of charge.
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00:34:24.000Archivists block release of Clinton papers.
00:34:28.000That's what these Presidential Libraries act as.
00:34:31.000Use institutions to keep things secret, even after they're declassified, claiming they own their own papers from government.
00:34:39.000That is all coming up, and again, Top Economist Forecaster joining us coming up in the second hour here, just about 30 minutes away, or now about 25 minutes away.
00:34:50.000But here is a video racing up the YouTube charts, number one in many categories, less than 24 hours after being posted, Just a little 10-minute excerpt from my TV show a few weeks ago.
00:35:02.000Members of PrisonPlanet.TV can see the TV show in super high quality, just like you're watching television.
00:35:08.000So be sure and go over and check out PrisonPlanet.TV and all the benefits.
00:36:47.000I am blasted by the responsibility I have.
00:36:55.000I am humbled by the knowledge that I have accrued.
00:37:07.000I do not have the words Or the intellect, as primitive and weak as I am, to somehow reach out to your human soul and attempt to activate the spirit of the universe that is in all of our souls.
00:39:49.000Everything they are is counterbalance against the spirit of the universe.
00:39:56.000Everything they are is a fraud against life and a crime against life.
00:40:02.000that every fiber of my soul cries out against.
00:40:14.000It is a great pain to me to see their work.
00:40:22.000It savages the core of my soul to witness the innocence Degraded, pulled down, bludgeoned, destroyed, burned, decimated, annihilated, kindled to flames that only sparkle in the eye of the psychopath.
00:41:35.000you The raw will it takes to have the studies from the 1920s and the 1930s, where they knew that sodium fluoride and its derivatives caused bone fractures, cancer, destruction of the kidneys,
00:42:00.000Hypothalamus, petulatory, but most importantly brain tissue and IQ.
00:43:07.000At the end of the day, I know we're hurtling into martial law, and there's this great wicked intelligence that's scientifically diagrammed and chronicled every single button they have to push to control you and there's this great wicked intelligence that's scientifically diagrammed and to the point of you can't even understand what I'm saying, most of you.
00:44:59.000If you take action now, and if you resist it, He can have a great fact.
00:45:04.000I'm calling for you to break out of your condition and to become aware of your condition and to use your intellect in any way you see fit to bring the new world order down.
00:45:31.000Alright, ladies and gentlemen, One of the number one videos on YouTube, not just in the United States, but in the United Kingdom right now.
00:45:41.000Last night, Aaron Dykes raced from the time that Lou Dobbs was on with us live to take the 18-minute interview, to put images to it, to add documents to it.
00:45:52.000He posted it on YouTube, and YouTube pulled it without saying why.
00:45:59.000We also put it on our own servers for you.
00:46:03.000And I'd like to see those videos go viral as well, because people hear Lou Dobbs on the show, they hear him talking about the New World Order failing, we can reach out to a lot of the Lou Dobbs fans and bring them in to the next level of understanding, to a whole other level of understanding what's going on with the New World Order.
00:46:23.000Those are up on InfoWars.com and PrisonPlanet.com as well.
00:46:26.000If they try to censor the video you just heard, go get it off InfoWars.com, copy it onto your YouTube or LiveLeak or any of the other video websites.
00:46:38.000It's a very effective message, completely from my heart.
00:46:43.000I have had a lot of people who have From TV stations, radio stations that interview me, that have seen me give the Bilderberg speech, who have seen me stand up and give a speech to a city council, or give a speech to a legislature, or give a speech to a crowd of people.
00:47:06.000And I've had, not arguments, but time and time again, I've had people time and time again Tell me that, oh, you wrote that speech you gave to the Bilderberg Group when you bullhorned them, or you wrote that speech you just gave, or you... Why would it matter if I wrote it?
00:47:38.000Occasionally, when I give an hour-long speech, or I have a bunch of people I'm introducing, I'll go into the C-Span, you know, almost two-hour TV symposium that was then played on TV, I had about 10 notes in front of me of what order I was going to speakers or basic topics I wanted to cover.
00:49:02.000The UK's economy is falling apart almost as fast as ours right now.
00:49:05.000Even though their currency isn't being debased.
00:49:11.000And they have the opposite problem because their currency is going up in value They are a debtor nation, and so things cost more because the value has gone up.
00:49:24.000If you have the money and its value goes up, you're ahead.
00:49:27.000But if you don't have money, and now credit costs more, and the currency's worth more, so you're actually paid less of it, is the way to explain it.
00:49:36.000And 9 out of 10 government report, almost 9 in 10 new jobs created over the past decade have been taken by foreign-born workers despite a sharp increase in the number of skilled British workers.
00:49:46.000Yeah, they're all told, go do education.
00:49:50.000All these different certificates and it's useless.
00:49:52.000Official figures show the number of British people in work has slumped to the lowest level since Labour was elected in 97, undermining claims made by Gordon Brown that employment was at record high.
00:50:03.000Since 1997, some 1.4 million fewer Britons work in manufacturing, yet 113,000 more foreign-born workers are in the sector.
00:50:11.000Of the 1.7 million people in employment since 1997, 1.5 million were born outside the UK, according to the Office for National Statistics.
00:50:21.000The figures have been uncovered by the former labor minister who was urging the government to urgently restrict immigration from Eastern Europe to help young Britons gain employment.
00:50:32.000They have to bankrupt you to get you under their control.
00:50:42.000To get you into social welfare, or psychiatric, or criminal, net.
00:50:49.000More financial news than a big guest straight ahead.
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00:59:27.000Economist, forecaster, being interviewed on CNN talking about inflationary depression coming up.
00:59:38.000We're lining out some phone line issues now.
00:59:41.000You don't even think it's the network's phones we're having so many problems.
00:59:45.000But John Williams with a BA in Economics and an MBA both from Dartmouth.
00:59:50.000He serves as an economic consultant both to private industries and Fortune 500 companies.
00:59:55.000For more than 20 years he writes on his website shadowstats.com.
01:00:00.000I have been a practicing consultant, economist, and out of necessity has become a specialist in government economic reporting because they're very deceptive about that.
01:00:20.000Mr. Williams, we've got a quick segment here, but just introduce yourself to us for those that don't know about ShadowStats.com and why you had to get into really having to crack government numbers and find out what's really happening.
01:00:33.000I've been a consulting economist for more than 25 years, and I found early on that if I wanted to put out meaningful forecasts as to what was going to happen in the economy or the financial markets,
01:00:45.000That I fully had to understand what was in the government numbers, and the more I dealt into it, the more I found that the numbers were not quite as represented, and in fact, over the last couple of decades, in the period of time in which I've been involved in it, the ways that key series like the CPI, the GDP, the unemployment rate, how they're calculated has been changed over time, with the general effect of putting an upside bias into the
01:01:15.000Estimates of Economic Growth and a Downside Bias into the Estimates of Inflation.
01:01:22.000So what I did a couple of years back was to start the current website shadowstats.com where I assess where the numbers would be in terms of common experience and the more traditional methodologies.
01:01:38.000You'd find that the CPI instead of Being around 4.3% as the government's estimating it right now is in the 7-11% range depending upon whether or not you look at the methodology of 1990 or 1980 and I think most people would find that is closer to their experience.
01:01:59.000Well there are other groups that look at say inflation and they were saying 12-13% last year.
01:02:04.000They're talking about 15% this year but the feds was just six months ago still trying to say inflation was at 2%.
01:02:16.000They think they have to report a low inflation rate.
01:02:20.000Mr. Bernanke, if you could go back in time a little bit.
01:02:23.000I mean, last year was touting how it really was up to the Fed to keep inflationary expectations low.
01:02:33.000That the expectations were what drove inflation.
01:02:36.000Well, expectations may have an impact on it, but there are other factors such as Oil prices or the Fed's money supply growth, the growth generated by the Fed that have more impact on inflation.
01:02:51.000But what the Fed did, very simply, was to look at measures, the absolute lowest measures they could find, and said, hey boy, that's the inflation rate.
01:03:01.000The measures they look at are net of food and energy.
01:03:07.000And if something in food and energy goes up, they take that part of energy out and then stick something else in.
01:03:12.000We're about to break when we come back.
01:03:14.000I want to walk through how they cook the books, what the real numbers are from what you've gotten, what other economists and people's statements have gotten, and then where you think all this is leading with your forecast of going into a dangerous inflationary depression.
01:03:29.000What an inflationary depression is, or what type of depression that would be, and the duration of that economic forecast.
01:03:40.000So we'll be right back with our guest, he's highly respected, Walter Jay, that's Walter John Williams, and we're going to come back and play a little clip of him from CNN.
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01:06:53.000He's the T-Rex of political talk, Alex Jones, on the GCN Radio Network.
01:07:02.000In the last week, we brought you one of the chief economists at the New York School of Business saying we're going into a probable depression.
01:07:11.000We brought you Dr. Paul Craig Roberts, father of Reaganomics, former head of Treasury.
01:07:16.000Also, Wall Street Journal editor saying basically the same thing.
01:07:19.000Joseph Stiglitz, Nobel Prize winner, former chief economist at World Bank.
01:07:23.000They're all basically saying the same thing, and we're bringing you another individual.
01:07:27.000We're just bringing you all the top names.
01:07:30.000It's hard now to find, you know, actual people that have had good track records that aren't saying we're going into a serious, deepening recession and maybe even a depression.
01:07:39.000And we've got John Williams from ShadowStats.com who does just an amazing job.
01:07:44.000I've been following him for the last few years and many others for a lot longer than that.
01:07:48.000Forecasting what's really happening in the economy.
01:07:52.000Extracting real numbers and kind of reverse engineering the disinfo that the government agencies and both parties are putting out about the economy.
01:08:01.000This is what CNN was saying about Mr. Williams the other day.
01:08:04.000John Williams at ShadowStats.com says about what's coming down the road.
01:08:12.000We have a severe recession ahead of us with even higher inflation than we're seeing now.
01:08:17.000It's going to be the Probably the worst business cycle seen since the Great Depression.
01:08:24.000I wouldn't want to be the president in the 2012 election, because whoever wins this upcoming one is going to take blame for a real bad economy.
01:08:35.000So, with that kind of a prediction, do you hear that?
01:08:38.000An inflationary depression is coming down the road.
01:08:42.000And my impression of that was, wow, what do we do?
01:08:45.000I'm not the kind of guy that goes down the air and tells people what to do.
01:08:47.000But listen to what John Williams says, and he makes these predictions to Fortune 500 companies and hedge funds around the country.
01:08:55.000This is the guy who gets paid for his advice, and we're lucky enough to get him on CNN to tell you what to do with your money.
01:09:18.000Cash, you want to be liquid, you want to be safe, and that little bit of gold is a hedge against inflation.
01:09:24.000Yeah, you know what, Robert Shiller at Yale University, the famous economics professor up there who does the Kay Shiller Report, amazingly, he says the same thing.
01:09:32.000So does Muriel Rubini over at NYU, saying the same.
01:09:45.000I was listening, you know, the other day when President Bush made his speech, Ben Bernanke was testifying before Congress for a second day.
01:09:53.000Everybody in America, certainly in Texas, spent this week talking about inflation and how serious it was in 2007 and how bread and milk and cheese and gas and all of that is more expensive.
01:10:02.000And Ben Bernanke with a straight face said to Congress, no, no, core inflation is quite contained.
01:10:08.000Core inflation, as we've all talked about, is inflation that Alright, going back to John Williams, who you just heard from ShadowStats.com.
01:10:17.000John, do you want to get into how they cook the stats first, or do you want to just get into the forecast of where you see this country going?
01:10:24.000Well, let me get into how they cook the stats, because that, I think, affects the credibility of where I believe they are and where we are going.
01:10:34.000Again, there are actually two types of manipulations.
01:10:38.000The one which has the greatest impact over time is where their methodological changes made and the way the numbers are put together.
01:10:48.000And the second way is where you have an occasional direct manipulation aimed at changing a particular number for political purposes or otherwise.
01:10:58.000To give you an example, the first case, with a consumer price index, very key point, really the most insidious Change I've seen in any of these numbers goes back before Bill Clinton.
01:11:15.000Michael Boskin, who was chairman of the Council of Economic Advisers under Bush, and Alan Greenspan, then the Fed chairman, started arguing about how the CPI, the Consumer Price Index, was overstating inflation.
01:11:31.000And if you listen to their arguments, what they were saying as well, You know, the inflation measure reflects the price of steak, but let's say steak goes up too much in price, people are going to start buying hamburgers.
01:11:46.000So really, you know, the price of steak goes up, we should replace steak with hamburgers, and that would give you a more reasonable estimate of the cost of living.
01:11:54.000That's not the concept of the Consumer Price Index.
01:11:57.000If you go back to after World War II, the Consumer Price Index goes way back in time.
01:12:03.000When the CPI was used in the auto union contracts, the concept, very simply, and I'm being very simplistic here, would be, let's say we take the price of a gallon of milk, a steak, a loaf of bread, maybe a gallon of gas, we price those out, next year we price those same commodities out, and you compare the prices and that's how much your income had to go up if you wanted to maintain a constant standard of living.
01:12:32.000The concept was, what's my cost of living of maintaining a constant standard of living?
01:12:38.000What they were proposing, pre-Clinton, is shifting to a basis where the weightings are based on substitution.
01:12:49.000So the steak goes up, you replace it with hamburger.
01:12:53.000That's not maintaining a constant standard of living.
01:12:57.000That's really more a cost of survival.
01:13:01.000And what was not the concept behind the CPI, and obviously it's much lower.
01:13:06.000If something goes up in price in your place, it was something that's of lower quality.
01:13:11.000So they should call it the Survival Price Index?
01:13:15.000Now, they didn't actually put it into full play the way Boskin and Greenspan were advocating.
01:13:20.000And the reason they gave for this was, oh my goodness, we only could bring down the cost of the level of the CPI.
01:13:28.000We could reduce entitlement payments on the cost of living adjustments on Social Security and such.
01:13:33.000That was their purpose behind it, which would be a way of reducing Social Security payments without anyone in Congress ever having to vote against Social Security.
01:13:49.000There was enough here that everyone sort of backed off that, but after Clinton became President, the Bureau of Labor Statistics Changed the way they weighted the CPI in a way that they said mimicked the substitution-based concept.
01:14:05.000And because of that, right now what is 4.3% inflation would be around 7.5% inflation if they hadn't made that change.
01:14:20.000Social Security checks would be double what they are today.
01:14:22.000I mean, the effect's cumulative over time.
01:14:26.000Let me stop you right there, Mr. Williams.
01:14:28.000Let me just stop you there with that one example because you're just calmly reporting on this and that's important, but let's break down the incredible statement you just made.
01:14:36.000Since, what, the mid-1990s, and that's what our other experts have basically been saying, Social Security checks for what we paid in and for the real index should be double what they are.
01:14:49.000Instead, the checks are going up 2-3% a year And so they've only gone up maybe 20% instead of double.
01:14:55.000So you have a massive attack on people that are on fixed incomes and who have paid into Social Security their entire lives.
01:15:03.000Also people that are disabled, people that are on pensions.
01:15:28.000But the news media, at least until now, would say, oh, well, it's a recession if you're out of work, it's a depression if everybody's out of work, or it's a recession when your neighbor's out of work, and it's a depression when you're out of work.
01:15:42.000And they've just kept saying in the last few years, everything's fine, everything's wonderful, you know, it's a conspiracy theory to say that things are getting more expensive, but now they can't cover it up anymore.
01:16:28.000They've been very slow picking that up.
01:16:31.000Now, of course, most of oils, sir, and tell me if I'm wrong, most of oils increase.
01:16:35.000If you're buying in euros, oil hasn't really gone up.
01:16:37.000But if you're buying in dollars, it has.
01:16:39.000Isn't it dollar devaluation that has triggered?
01:16:42.000It's most sharply in dollars because, among other things, dollars are plummeting right now.
01:16:50.000And as the dollars drop, it becomes cheaper for people Let's say who live and live denominated in euros or Swiss francs or yen to buy oil and dollars.
01:17:21.000I mean, they've already been Rumblings about it, but not too far down the road, you see OPEC abandon the dollar as the method of evaluation.
01:17:33.000Well, yes, in the last 12 days, we've seen the dollar's biggest drop in modern history, and I said Monday, when we learned about it last Monday, that it was going to happen.
01:17:44.000It wasn't hard for me to figure out, and then finally, mainstream news This goes back to the Nixon Administration, as I understand it.
01:17:49.000of Arab oil-producing nations told them to dump the dollar as the peg.
01:17:53.000Meanwhile, the government's cutting interest rates, knowing that's going to drive down the dollar further.
01:17:57.000Why is the Federal Reserve and the people that dominate our economy, why have they made the decision to abandon the dollar?
01:18:04.000This goes back to the Nixon administration.
01:18:08.000As I understand it, Arthur Burns, who was Fed Chairman at that time, was a guiding light for people such as Greenspan.
01:18:20.000And basically gave them advice, which you've seen followed by many others over time.
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01:23:21.000Okay, I want to talk with our guest more about how they cook the books, but more importantly, we know he's the expert on that.
01:23:27.000What he forecasts in the future, that talk of inflationary depression, and then how we can pull out of this in his educated opinion.
01:23:35.000We don't hear any candidate but Ron Paul from Democrats or Republicans talking about the inflation tax, talking about how Social Security recipients in the last 15 years, really 12 years, have had their check really cut in half for purchasing power.
01:24:21.000You won't find a standard definition around.
01:24:23.000It used to be that prior to the Great Depression, that every downturn was called a depression.
01:24:29.000And if you plotted out the level of economic activity, it sort of dipped like a bowl.
01:24:35.000And after the Great Depression, the idea was to come up with a euphemism for depression, and the down part of the line going into the bowl was called a recession.
01:24:47.000So they changed the name of a depression to a recession.
01:24:51.000Some decades back, I talked to a number of people throughout the government and private sector, trying to put this into perspective and how it could be defined.
01:25:00.000Generally, a recession, despite some protestations to the contrary, it's usually defined as two consecutive quarters of declining growth in the gross domestic product, which is the broadest measure of economic activity, adjusted for inflation.
01:25:21.000A depression would be a decline from the peak of economic activity to the trough of greater than 10%.
01:25:28.000We haven't had one like that since the Great Depression.
01:25:31.000And a Great Depression would be a decline of greater than 20% from peak to trough.
01:26:22.000Someone will eventually get around to addressing the issue.
01:26:25.000So basically we'll have a depression and they'll never say we had one.
01:26:28.000They'll just say it's a recession if it really is a depression.
01:26:33.000Yeah, well, we've had recessions that have disappeared and the government's redefinitions.
01:26:39.000But what you have in play here is a problem that started back in the 1970s.
01:26:44.000If you go back 30 years, and you look at what the government publishes in terms of average real weekly earnings, that means what the average person earns in a week adjusted for inflation, you're down 20-30% from where you were back in 1970.
01:27:03.000And the difference that makes is that back in 1970, on average, the husband had worked, the wife had stayed home with the kids.
01:27:18.000And the reason that's happened, more than anything else, has been trade policies, which have resulted in the loss of our manufacturing base offshore.
01:27:29.000I want to get into the causes and then the solutions.
01:27:32.000What you're saying is, just as a layman, what I've observed, true standard of living for 30 years has been dropping for the average family, for the average individual.
01:27:41.000So really, we've been in one long recession, now culminating in what could be an economic collapse?
01:28:03.000I think it's going to become a great depression, but unlike the Great Depression back in the 30s, where you had a severe deflation, prices dropped.
01:28:18.000But it's going to become a hyperinflation, and my definition of a hyperinflation, this is not next week, this is down the road in a year or two.
01:28:26.000Gotta break again, I gotta hear this on the other side.
01:28:47.000Alex Jones and the GCN Radio Network. .
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01:32:37.000Alright, the country is just basically On the rocks.
01:32:41.000I want to ask our guest how we get out of that, in his opinion, or there is a way.
01:32:46.000He was just now saying that we've been in a recessionary slide since the 70s, but now there's a systematic change in the whole system coming to a head, he said, in the next year or two that fits with sticklets, that fits with people from totally different economic views and camps, that fits with Roberts, it fits with everybody else.
01:33:09.000I think the establishment media pretty much follows what they hear from Wall Street.
01:33:11.000on the news, and now they're finally starting to admit it.
01:33:13.000Is that because the establishment media has tried to cover this up so long that now they just look stupid covering it up, Mr. Williams, and they're having to admit it?
01:33:22.000I think the establishment media pretty much follows what they hear from Wall Street.
01:33:28.000That tends to be the common source of information, and you'll never get a negative view on the economy or what's happening from Wall Street.
01:33:41.000I mean, there are a couple of people that will give you a straight view, but generally Wall Street has to sell product and they're not going to put out information that kills your business.
01:34:19.000I'm looking for the downturn in the economy to deepen, to actually become a depression.
01:34:24.000And on the inflation front, inflation, and admit that it's from the inflation standpoint turning to hyperinflation that I'm talking two years, maybe more, Plus or minus.
01:34:37.000This is the ultimate disaster that unfolds, but I don't see any way out of it, and I'll explain why.
01:34:46.000When I talk about hyperinflation, I'm talking about an inflation so powerful that the dollar effectively becomes worthless.
01:34:54.000You can take a $100 bill, and it'll be worth more as a functional piece of toilet paper than it will be as currency.
01:35:32.000uh... uh... culpable party here they're they're all they're all involved and and the issue uh... and it and it actually it's interesting how these things work out but right now the government is required by law to publish uh... financial statements as though it were a corporation using generally accepted accounting principles and when you do that and you look at them carefully what they're telling you is that the deficit not isn't two hundred billion or three hundred billion or a hundred and sixty billion
01:36:04.000The reason for that is the amount of what they call unfunded liabilities that are being taken on year after year with Social Security and Medicare.
01:36:14.000And putting that four trillion dollar number in perspective, that's the shortfall in one year.
01:36:23.000If you wanted to reverse that, let's say you wanted to balance the real budget Uh, you could raise taxes to take a hundred percent of wages, salaries, corporate profits, and the government still would be in deficit.
01:36:39.000I remember ten years ago seeing Wall Street Journal articles about that current expenditures, they talked about by 2010, 83% of your paycheck for taxes.
01:36:50.000Now you're saying ten years later we've reached a point where it cannot be paid back a black hole of debt.
01:36:58.000Now, the other side of it, of course, is cutting the spending, but that would mean slashing Social Security and Medicare, and you have nobody in Washington who's willing even to consider discussing that.
01:37:12.000And the inflation destroys... has already destroyed half the value of that Social Security check.
01:37:18.000Yes, well, it's going to destroy the rest of it, because nobody in Washington has the guts to face the problem.
01:37:25.000And the way the politicians usually handle it, and there have been similar circumstances, never this bad of the scope with the world's reserve currency, but there have been similar circumstances in the past.
01:37:35.000And the way the nations usually resolve it, they don't default on their debt, they just drove up the printing press and they inflate and they pay people off with worthless money.
01:38:11.000We've pushed so much of the productive capacity offshore.
01:38:16.000We're running a terrible annual trade deficit, which is pumping excess dollars into the global system.
01:38:21.000And we have a lot of people outside the United States who, rather than throw it back at us and say, hey, we want to redeem it.
01:38:31.000Actually, you can't redeem it against gold, but the effect would be if everyone cashed in, you'd see a sharp decline in the dollar.
01:38:37.000They come back and they buy Treasury bills and bonds and other financial instruments.
01:38:45.000And the amount of money here has been so significant that it has done a lot to provide liquidity to our system.
01:38:51.000If you go back over the last several years and you take the net debt issuance by the U.S.
01:38:55.000government, that's been covered almost 100% by the influx of investment from people holding otherwise unwanted dollars.
01:39:06.000Now, as long as the dollar's holding its value, you know, maybe they're going to come out okay on it.
01:39:12.000But now we're seeing the dollar drop very sharply.
01:39:15.000Sir, that brings me to the $64 million question.
01:39:19.000Why is the Federal Reserve bad-mouthing, why is Greenspan bad-mouthing the dollar?
01:39:25.000Why, if all we've got left is even the fiat perceived confidence in the dollar, and they're doing everything they can to bad-mouth it while putting all their money in euros and pound and yen, I read the Financial Times of London six months ago saying big central banks actually want to implode our economy to consolidate it.
01:39:43.000But then I talked to other economists that say this is going to pull down the entire world market.
01:40:18.000That's an area I can't give you a good Answer to, I've heard those stories, but I can tell you that I think in terms of what's happening here, what we're seeing right now... You're just covering economic outlook, yeah.
01:40:32.000It's been more gross incompetence and overconfidence, a belief that the computer models could resolve everything, that they could control the system.
01:40:45.000From the politician's standpoint, Not planning beyond the next election?
01:41:04.000Short-term thoughts in terms of what's happening?
01:41:07.000Well, I mean, they're doing everything according to a short-term.
01:41:09.000Yes, in other words, I mean, corporate America is not too much better.
01:41:13.000It operates on a, looking one quarter ahead.
01:41:17.000The government, they'll look at it as far as the next election, which is never more than two years off.
01:41:23.000Okay, physically, what will it look like if we go into this inflationary depression?
01:41:30.000What will it look like on the streets of mainstream USA?
01:41:35.000It's going to be very painful and very scary.
01:41:40.000I mean, I can give you an idea in terms of what's going to happen with economics, but when you get into the The nitty-gritty of what this does to people, I mean, it's anyone's guess as to how far certain things go.
01:41:55.000I can tell you that from a political standpoint, the most powerful motivation for voting is a person's pocketbook.
01:42:04.000That's determined more elections than anything else.
01:42:07.000Pocketbook issues here are going to be so severe by the next presidential election, barring revolution in the streets, I would expect Significant shift in power.
01:42:18.000It'll be a good opportunity for a third party to make an offer.
01:42:23.000I was about to say... The Republicans or the Democrats.
01:42:26.000I was about to say, sir, I just brought up revolution and the government's response then.
01:42:55.000Well, we had Lou Dobbs on yesterday for 20 minutes, and he said he sees a confrontation, whether it's physical or whatever it's going to be, because the Democrats are offering even bigger government and socialized health care when we're already bankrupt.
01:43:11.000There's really no chance that I see with Uh, either of the current parties of addressing what is now clearly a problem that, without question, within a limited period of time will bring the system as we know it to an end.
01:43:31.000And in terms of global scope, and you talk about conspiracy theories and such, and this is one area where, I mean, to me, I think this would not make sense.
01:43:41.000And that is that If the dollar becomes worthless, again, that's the biggest portion of the currency markets, the global economy.
01:43:53.000But the whole globe is going to be in turmoil.
01:43:56.000Financial markets globally will be in turmoil.
01:43:58.000The currency system will have to be revamped.
01:44:01.000And you'll end up with a new currency system.
01:44:04.000And I'm talking a global currency system.
01:44:09.000But I can tell you if they're going to try and sell it to the public, It's likely going to have some gold in it somewhere.
01:44:15.000Did you see the report a month ago by the Council on Foreign Relations, released by their full committee on economics, calling for a global currency to answer the dollar crisis?
01:44:38.000I know there are people who would like to see...
01:44:43.000The world evolved into one government, but I'll contend that if you look at what's happened around the globe, the movement of people and what people are looking for seems to be more in the other direction.
01:44:59.000Sir, we only have about five minutes left, and I want to jam in three calls, but my last question for John Williams at ShadowStats.com, then jam these calls in with quick questions, quick answers, is this.
01:45:10.000You said in that CNN piece, I would get into cash and a little bit of gold, but if cash is going down to toilet paper value, why wouldn't you fully get into a portfolio of different metals?
01:45:29.000This is an environment where the investor wants to protect his wealth, his assets, and as a result, what you invest in, you want it to be safe and liquid.
01:45:42.000I mean, those would be two prequalifications.
01:45:44.000But you're not going to tell people to get into gold because that's not what you do, but you did say... Gold is a very fine...
01:45:52.000I would also like to look to have some assets outside the dollar.
01:45:59.000In the time we have to get people to say, oh, I want to move my assets outside the dollar.
01:46:06.000They have to talk with their own investment professionals as to how to accomplish that, to express their concerns.
01:46:14.000Say, hey, I don't like to be in the dollar.
01:46:16.000Get me some investments outside the dollar.
01:46:22.000You know, that would accomplish it, but I'm... One small... Generally, I think interest rates are going to rise globally, so you want to stay short-term in terms of debt instruments.
01:47:05.000I've been seeing it being in the transportation business since 2004, in the fall whenever it starts falling.
01:47:13.000And do you, what do you, What are your feelings and thoughts about how we're going to get out of it once it does fall?
01:47:21.000Even if they make new money, you're still going to have to have some kind of employment for people to make this new money for them to spend it.
01:47:35.000Or are we going to live in a road warrior type atmosphere?
01:47:57.000Well, in terms of the trillions of dollars that are out there that are in the government's own money, they're going to pay it off with worthless money.
01:48:09.000In terms of how you get out of it or where you go, again, I can't tell you what the political environment is going to evolve into here.
01:48:17.000But if the system were left to its own devices, and you didn't have government intervention, and you didn't have all these destructive trade policies, the system would become self-righting.
01:48:59.000They've done everything they can to prevent it, and there's so much waste and trouble in the system.
01:49:04.000The plus in all this is that all the bad stuff should get flushed out of the system.
01:49:08.000Now, maybe the politics will go bad in the other way and counterbalance that, That system by itself will tend to become self-righting.
01:49:18.000Well, Mr. Williams, that's my fear is that they know this is coming and they're going to gear up and bring us into tyranny and use the crisis to bring us into something even worse.
01:49:28.000Well, I sure hope you're wrong on that.
01:49:42.000I'd like to talk to you during the break and say bye to you or maybe twist the arm for two more minutes on the other side and take two more calls.
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01:50:53.000Now from the makers of Loose Change, the most downloaded film in Internet history, comes the long-awaited release of Loose Change Final Cut, an entirely new two-hour film that completely destroys the official fable forever.
01:51:07.000Loose Change Final Cut hopes to be a catalyst for the new independent investigation in which family members receive answers to their questions.
01:51:14.000And the true perpetrators of this horrendous crime are brought to justice.
01:51:18.000Loose Change Final Cut is the ultimate 9-11 expose.
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01:52:47.000call 1-800-340-7091 for all your cleaning needs man think cause he rules the earth he can do with it as he pleads our guest stayed with us into this final segment He's very busy.
01:53:03.000He's agreed to pop in next week with a couple segments on solutions and ideas he's got to get us out of this.
01:53:09.000But we held him over so you could take two final calls.
01:53:12.000Mark and Terry, sorry about the others.
01:53:23.000I've been long-term unemployed thanks to the New World Order.
01:53:27.000And one, I'm planning on getting a Victory Garden going as the season progresses, as well as being on good terms with an organic farm just a little bit down the road where my dad plays out in the country.
01:53:41.000I was wondering if there's any particular industries that would mining be a good industry to get into, given that That the value of precious metals will be shooting up?
01:53:53.000For example, would that be a good place to go?
01:53:55.000Mining industry and stocks, the whole thing's up, but again, if everything craters, you can't guarantee that.
01:54:01.000Medical, nursing, government, but then that's... I mean, well, let's talk to the experts, sir.
01:54:08.000Well, I don't know if I'm an expert there.
01:54:11.000I would look for... People will need to eat, and farming is...
01:54:56.000Mr. Williams, it would seem that the implosion of the dollar and our economy is dovetailing perfectly with the establishment of the North American Union and the changing of our currencies to the Amero.
01:55:10.000I would like to know, if you've done any study on the ratio of exchange rates or what history shows us that our rulers do when they decide to do what they're doing to us right now, how are we going to fare, if you don't mind postulating, on how many Ameros if you don't mind postulating, on how many Ameros we're going to get for the dollar?
01:55:40.000How fast do you project the dollar's going to devalue down to toilet paper?
01:55:46.000Well, that's my two years plus forecast.
01:55:52.000It's going to take a little time until the All the pressures from the hyperinflation kick in, the Fed's doing a lot to move it along right now.
01:56:02.000It still could be some years down the road, but in terms of constructing an Amaro With a dollar that's worthless, that becomes an interesting task.
01:57:57.000He's Alex Jones on the GCN Radio Network.
01:58:02.000And now, live from Austin, Texas, Alex Jones.
01:58:07.000You know, I love my listeners, whether you live in England, or Germany, or Texas, or New York, Canada, Mexico, it doesn't matter.
01:58:14.000And we told you food prices would start increasing, they have.
01:58:19.000We told you this would happen with the dollar.
01:58:21.000Every major expert we have on, we just tell the truth.
01:58:24.000It isn't hard to figure this stuff out.
01:58:26.000Ted Anderson was talking to his brokers last night, and they were like, yeah, well, you know, when do you think the dollar will come back, Ted?
01:58:31.000And Ted said, it ain't ever coming back.
01:58:35.000It's about a 95% chance we're going into total world government.
01:58:38.000They're going to use this as a police state crackdown.
01:58:41.000We're not giving you negative news, okay?
01:59:28.000I was just telling Ted the tiny amount of money he makes doing this and how it supports the network, because there's literally about a 4% markup here just to take the orders.
02:01:55.000And I'm going to tell you, if you haven't taken firearms training, you don't have shotguns and handguns and semi-autos, you need them right now.
02:02:02.000You need water filters because the money is more than 50% on total road warrior bedlam.
02:02:09.000Let's pray none of that happens and then you just know how to use a gun and you've got some storable food that's gone up in value and you can eat it to save money and you can sell gold and make a profit.
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02:05:45.000I would also like to thank C-SPAN for being here and covering this event.
02:06:02.000C-SPAN has been really the only outlet on national television that hasn't just shown small portions or had speakers exposing 9-11 as an inside job on for just a few minutes.
02:06:14.000They have covered quite a few presentations by David Ray Griffin and others, the 9-11 Truth Convergence.
02:06:20.000And so again, they really need to be commended.
02:06:52.000We're going to speak for a few minutes, then we're going to introduce our panel and give them all a five-minute opening statement.
02:06:58.000Then we're going to open it up to a general discussion about 9-11 and the unanswered questions and the clear evidence of black-op, black-world involvement in the tragic attacks in New York and Washington, D.C.
02:07:11.000And then later, I believe we'll have time for about 15-20 minutes of questions.
02:07:19.000Long before 9-11 took place, I was fully aware of the historical fact that governments, western governments, eastern governments, the U.S.
02:07:32.000government, elements of it, normally small criminal elements, have staged terror attacks or have manufactured different pretexts to invade countries, attack nations, or enslave their own domestic populations with police state measures.
02:07:48.000And so, opening this up today, I wanted to talk a little bit about the history of state-sponsored false flag terrorism.
02:07:58.000Even the CIA's own website, cia.gov, and their history department admits, and 14 books, scholarly books, have been published, including one by Kermit Roosevelt himself, where our own government admits that in 1953, they staged false flag terror attacks and riots, shootings, To blame it on the President, the elected President, Mosaddegh.
02:09:00.000Lemonster, the chairman of the Joint Chiefs of Staff, proposed, not as a war game, but as an operational plan that they wanted to implement as a pretext to go to war with Cuba and then perhaps the Soviet Union, widening it, a cocktail, a cornucopia of false flag events.
02:09:14.000Events that would kill and wound individuals, American citizens, and then other events where they would claim Americans had died where none had died.
02:09:22.000And one of the five different terror attacks they discussed that they could carry out, to blame on a foreign government, Is the hijacking of a jet by remote control and crashing it than having a list of dead Americans, preferably students, to create a catalyzing event to get the public angry and behind a war effort?
02:09:42.000You can go read this in Operation Northwater, folks.
02:09:47.000Yeah, I saw that somebody had posted 11 parts of the entire almost two-hour piece that aired on C-SPAN of our 9-11 Neocon Agenda Symposium up on YouTube, so folks can find that and hopefully get that out to people.
02:10:51.000You've got such a big bio and such a lengthy, successful career.
02:10:54.000I don't know where to start, but just in a nutshell, tell us about yourself, who you are, how you woke up to 9-11 being an inside job, and why you wrote The Shell Game, The End of Oil, The Next 9-11, The End of Civilization, and how your political views have changed.
02:11:09.000Alex, The Shell Game is my eighth novel.
02:11:12.000My career started back in 96 with Meg, a novel of deep terror.
02:11:16.000It was quite a bit different, about a 70-foot, 70,000-pound prehistoric great white shark called a Megalodon, and that hit New York Times bestseller list, and it's had a couple movie deals so far, and we're hoping for a third one.
02:11:30.000I've been on the bestseller's list several times.
02:11:32.000But the shell game was something altogether different, and I did not approach it as an activist because at the time I had never heard about the 9-11 truth movement, but it started off investigating whether peak oil existed or not and the implications of it, And suddenly I was thrust into the events of 9-11 and began reading these through the lies of the Bush administration, which I had swallowed too, and it just got me very angry.
02:12:02.000And I realized that I had to change the tone of this book, that I had to tell the truth, even though it was going to put me out there and risk my career.
02:12:09.000And, you know, this is life and death stuff, and there's more important things in my career.
02:12:14.000And so I decided to write the book and tell it as a fictional thriller, fictional because it takes place a few years from now, a thriller because it tells a story, but it really is a cautionary tale that extrapolates the real events from 9-11 and tells us the road that we're on and where we're going.
02:12:37.000You know, I loved reading the transcript of you on national radio on CBS syndicated program talking about this, and it shocked the host because he wasn't expecting you to get into all this.
02:12:48.000You went through a lot of the key areas, but tell us, because this is interesting.
02:12:51.000You know, we have the best actress this year, Academy Award winner coming out, 9-11 Truth.
02:12:56.000We have the Italian former president, former head of intelligence, all these former German defense ministers.
02:13:03.000Dr. Paul Kirk Roberts, father of Reaganomics.
02:13:05.000I mean, hundreds and hundreds of prominent people.
02:13:07.000It's an avalanche and the establishment's now calling for the arrest of 9-11 truthers.
02:13:11.000That's a talking point all over MSNBC and Fox and CNN, by the way, with Glenn Beck.
02:13:17.000So they're really in damage control emergency mode right now.
02:13:22.000The process, I mean, how you first bought into the lie, and then how you woke up from that lie.
02:13:28.000Well, like a lot of Americans, I mean, you know, you sort of rally behind the President as a natural reaction.
02:13:35.000But once I started doing research for the book and reading the great materials that's out there, including David Ray Griffin and including Michael C. Rupert's book, Crossing the Rubicon, And, uh, you know, DVDs, loose change guys, and started looking at all that material, I realized that this is absolutely criminal.
02:13:58.000And what really scared me was the fact that, you know, if you read The Project for a New American Century, these guys aren't done.
02:14:04.000I mean, Rumsfeld's not sitting on the beach somewhere drinking a cocktail, and the rest of these guys aren't going away until they finish what they started out to finish.
02:14:15.000In fact, You know, even though the book was completed about ten months ago, the candidates that I named in the election that takes place in 2012 and the president, I seem to have hit it right on that, too.
02:14:30.000But it's the recent things that are in the news that scares me.
02:14:34.000The fact that Homeland Security Chief Michael Chertoff comes out and says that his biggest fear is a nuclear suitcase bomb going off in a city.
02:14:42.000A week later, Bush comes out and makes a statement in defense of waterboarding that the next 9-11 will make the last one pale in comparison.
02:14:52.000For me, I'm shaking when I hear this stuff because it's almost like they're reading the book.
02:14:59.000Well, the White House has admitted that they have Yeah, and but there is also two presidential directives out there that, you know, God forbid another false flag event were to take place before the November election, that Bush and Cheney would remain in power, that they can stop the election, and they could declare martial law.
02:15:31.000Talk about this radio interview you did a few days ago, and The response you got and what the Neocon Talk Show host thought?
02:15:40.000Well, it was a big venue, the Jim Bohannon Show on CBS Radio.
02:15:47.000And as I was sitting in the green room listening to his prior guest, the prior guest was an executive from Shell Oil.
02:15:54.000And I was listening to his thing and I almost thought, well, this sounds like a setup that I'm being led to slaughter.
02:16:02.000But once we started talking, he took some phone calls, and a fan of mine who had read the show game called in and specifically asked about 9-11 and the growing threat of another 9-11.
02:16:16.000And, you know, he's a radical right-winger.
02:16:21.000I mean, he started off the conversation talking about that the problem with Iraq is that Americans have it too soft and we need to institute a draft and double the size of the military.
02:16:32.000And my response was, what the hell for?
02:16:35.000I mean, who are we fighting and who are we fighting for so that corporations make more money?
02:16:42.000But once we got into the 9-11 truth discussions and, you know, I had to overcome the objection that, you know, he feels that all 9-11 truthers are conspiracy theorists and crazy wackos.
02:16:53.000And I let him know that, first of all, that's not the case, that the 9-11 truthers are the real patriots, and I include yourself in that, of the 21st century, and that the people who believe that it's all conspiracy theorists are, All have one thing in common, and that is they never look at the facts.
02:17:11.000They just made an assumption that these people are crazy, and if you'll look at the facts like I did as a novelist, look at the facts as I did from a best-selling author, then there's only one conclusion you can come to, and that was, of course, it was an inside job.
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02:20:47.000Being in government means never having to say you're sorry.
02:20:50.000What part of unconstitutional do you not understand, George?
02:20:54.000It's not who votes that counts, it's who counts the votes.
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02:21:43.000Before you slip into unconsciousness, I'd like to have another kiss.
02:22:40.000I mean, I was taken by surprise by the 9-11 information I found, but at the same time knew that it was the truth.
02:22:48.000And I think that the beauty of the shell game over a lot of the other terrific materials that have come out of that 9-11 truth is that it flies under the radar because it's a fictional novel written by a best-selling author.
02:23:00.000And so I get a lot of email every day from Republicans who have read the book, weren't expecting to read what they read, And now have changed their minds about things.
02:23:14.000But how shocked was this neocon Jim Bohannon?
02:23:18.000He kind of poses as a liberal, but he's a warmonger.
02:23:20.000I mean, how shocked was he when you were on the show arguing with him?
02:23:25.000It caught him off guard because he wasn't expecting the conversation to go there, and he wasn't expecting the things to come out in the interview that came out that sort of Took him aback because he couldn't answer him.
02:23:37.000I mean, you know, we got on to the war games and I told him about, you know, these false flag events.
02:23:43.000One of the key clues about it is that there always seems to be a war game that simulates exactly what the event is.
02:23:49.000And then on 9-11, we had these war games going on with NORAD and Dick Cheney in charge of things and the false blips inserted on radar screens of the FAA.
02:23:58.000And his initial response was, you know, so says you.
02:24:05.000I mean, so you're the only one who knows about this information?
02:24:07.000I said, no, this is not my information.
02:24:10.000I said, there's tens of thousands of people out there, you know, that know this information and they cannot get any mainstream attention.
02:24:16.000And his response was, well, why don't they run up and have a congressional hearing about this?
02:24:21.000I said, listen, you've got a situation where the Fox is guarding the hen house and the Fox has no interest in having an investigation about itself.
02:24:36.000And business is good right now, and they don't want to talk about this stuff.
02:24:41.000They don't want to, you know, make any less money than they're making.
02:24:44.000So, then we came up to the World Trade Centers and World Trade Center 7, and he did not know about World Trade Center 7 going down.
02:24:52.000And we discussed that a little bit, to the point where I finally said to him, you know, Jim, how does a 47-story building just fall on its own at free-fall speed?
02:25:05.000You know, my... Well, I mean, when Willie Nelson... When Willie Nelson... It's just to pose the question and say, why don't we... Why aren't we asking these questions?
02:25:25.000Steve, when Willie Nelson came on the show, he said Tower 1 and 2 got hit by planes and fell, but then Tower 7 wasn't hit and fell, and then the media tried to spin it that he said the towers weren't hit by planes.
02:25:36.000You know, again, they know that the Building 7 was imploded or was very suspicious.
02:25:42.000I mean, what about BBC reporting Building 7 had fallen before it fell?
02:25:49.000I don't believe that Jim Bohannon's that stupid.
02:25:52.000Well, you know, I honestly believe that Jim Bohannon has never looked at the information.
02:25:56.000I believe that Keith Oberman has never looked at the information, or Bill Maher, or any of these people that would really speak out for this if it wasn't toxic to them, and they simply wipe it away as being, you know, 9-11 conspiracy theories.
02:26:13.000And that's one of the beauties of the show game.
02:26:22.000And I know that I caught Jim Bohannon off guard, and if your audience can help me and I get on the Bill O'Reilly Show, I'm going to nail him to the wall, because he's not going to know what's coming on this either.
02:26:36.000What do you think the establishment is going to do as more and more prominent authors and movie stars and scientists and former presidents start coming out saying it's an inside job and then dropping the evidence down on the table?
02:26:50.000I think, you know, and I've said this to the 9-11 Truth Movement, I think that you have a concrete dam of lies, and you have to just keep hitting it with a sledgehammer until you start getting cracks.
02:27:03.000You know, David Ray Griffin hits it, you hit it, you know, the Loose Change guys hit it, the new Reflecting Pool guys hit it, and the Shogun hit it.
02:27:13.000At some point, you're going to get a crack.
02:27:16.000And somebody's going to take a chance in a major media that sees that the dam's cracking and it's going to break.
02:27:21.000And they're going to want to be the first to break the story.
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02:29:44.000Yes, there is an in-dash AMFM shortwave radio For limited time and in limited numbers, the Sony GT-160S AM-FM shortwave radio and CD player is available only at the Power Hour.
02:29:57.000This radio is designed to eliminate interference from ignition systems, and the result is clear, clean reception, so you can hear your favorite broadcasts both domestically and internationally.
02:30:05.000Get your Sony AM-FM shortwave radio and CD player from the Power Hour today.
02:31:30.000And yes, ladies and gentlemen, I will be back live this Sunday, 4 to 6 p.m.
02:31:34.000with the Sunday edition, now syndicated on more than 25 stations, up and running for a year, simulcasting on global shortwave, the internet, and satellite, out of the studios of NewsRadio 5, 90K LBJ, and carried on stations like KCAA out of San Diego, California, KCXL out of Kansas City, and many others.
02:32:22.000The latest is Endgame, Blueprint for Global Enslavement, The History of the New World Order, their master plan, how they've created an Amaro, the Euro, how they're merging the North American Union currently with it, what their master plan is, how their eugenicist, how Hitler learned everything he knew from them, and Lord Milner.
02:32:40.000You want to have a master's degree in the New World Order, you'll have it with this one film.
02:32:44.000Then there's TerrorStorm, a history of government-sponsored terror, where we just look at all the admissions of terror our government and other governments have staged, that this is as common as sliced bread and fire hydrants.
02:34:12.000Every time I'm tired and don't want to go back to work at 10 o'clock at night, somebody attacks me or does something, I just get up off the couch and just turbo through, ladies and gentlemen.
02:34:22.000All right, John, Stacy, Aaron, Chris, others, we're going to get to you here in just a moment.
02:34:29.000But just in a nutshell, tell us about how you put the 9-11 story into a novel.
02:34:36.000Well, Alex, the story takes place, it opens up in 2007 with two neoconservatives who work in intelligence, meeting with a colonel who served in Iraq, and they're basically making their claim that Iran represents enriched uranium in five years, they can take that enriched uranium, make suitcase bombs, give it to terrorists.
02:34:58.000Imagine the scenario, 20 cities simultaneously went off with nuclear suitcase bombs, How do you stop that?
02:35:06.000You know, these guys have been on four, five, six deployments.
02:35:09.000There's no way we're prepared to go into Iran.
02:35:12.000And so their solution is to allow one suitcase bomb to go off in one city, a false flag event that they want this guy to help them set up, which will give them the green light And by the way, that's how they sold their own people.
02:35:33.000That's how they sold their own people on carrying out 9-11 is, if we don't do something like this, we're going to be weak and we are going to get hit.
02:35:40.000That's how they shell this military mindset.
02:35:55.000You know, these are the sacrifices of the neoconservatives, the way they think.
02:35:59.000You know, of course, they're not going to be in the city when it gets blown up, but, you know, you've got to get rid of some of the sheep in order to make it easy for the wolves, and that's their thinking.
02:36:11.000And so right away, right from the prologue, we know the story of the show game, that it's a false flag event.
02:36:15.000And what I did was extrapolate from everything that happened in 9-11 and put it into the storyline where you have two Iranian-slash-Iraqi patsies who aren't quite sure what they're doing.
02:36:28.000They're not quite sure what they're getting into, but they're being led, you know, in the shadows by intelligence organizations and key people in the intelligence organizations to get them to do what they're doing.
02:36:39.000And this is all paralleling the 2012 election.
02:36:42.000So everything that we see going on in 2008 is going on in the storyline.
02:36:46.000And now that we're hurtling towards a depression, they're more likely than ever to pull this off, but not to help us economically, just to make sure we worship them while they control us.
02:36:55.000Anthony from We Are Change Ireland, who's confronted Bill Clinton and many others, is calling in.
02:37:00.000He's first up, then John, Stacey, Aaron, Chris and others.
02:37:04.000Anthony, you're on the air from Ireland.
02:37:07.000Hi Alex, I'm just ringing up to plug a new documentary we made.
02:37:40.000There's some stuff in it about the NAU also, like all the members of the European Parliament got sent a report making the case for the NAU.
02:38:48.000But at any rate, I called originally to talk about some disagreements I have with you, but I just first wanted to say that we owe you a tremendous debt of gratitude, both you, Alex, and the guest, for Exposing their secret weapon of false flag terrorism that is justifying all of their police state measures and their warmongering across the globe, which I think you're doing a tremendous great service in exposing.
02:39:16.000I think the most taboo subject, of course, is the 9-11 truth, because it gets to the heart of the evil of these characters.
02:39:26.000They're not doing this out of the greater good.
02:39:30.000Through some kind of evil policy to accomplish a greater good.
02:39:34.000They are totally evil and evilly motivated.
02:39:37.000And I believe that beyond the taboo of 9-11, the one thing that I've got to say that is declared taboo by the entire military industrial media, by the fake liberals, the fake leftists, even the populists, All of them has been any consideration of a Marxist or a Socialist analysis.
02:40:01.000And I think even people like Counterpunch has pointed out that we can't believe anything of these so-called regimes in Russia at this point.
02:40:11.000Or any of their so-called archives that have been gone over totally by the FBI and the CIA.
02:40:40.000I would actually disagree with the car, because there's an old quote from a Nobel Prize winner that said, men in order to do evil must first believe what they are doing is good.
02:40:50.000I don't believe that these neoconservatives think they're doing evil.
02:40:54.000They think they're doing good, and that's what's most frightening about it, because, I mean, they enact God's name just as Uh, you know, the radical Islam and ask God's name and believe that they are doing good.
02:41:07.000And that is what allows them to go to sleep at night with a clear conscience after having murdered 3000 Americans with a lot more on the agenda.
02:41:17.000You know, I think it's too simple to say that, you know, they're evil-doers and they're doing evil and it's just about the corporate block.
02:42:07.000We can look at their actions and we can look at their knowledge of their own evil and call that evil.
02:42:12.000But I wanted to say that if somebody wants to look at, for instance, The genesis of libertarianism, there's a... you can google up Mr. Anonymous, the not-so-spontaneous libertarian.
02:42:29.000Though I agree totally with what you're talking about, Alex, about the police state dangers, the wars, the false flag terrorism, and Ron Paul on those issues I think is dangerous.
02:42:39.000To eliminate the social safety spending, which is not even socialism.
02:42:47.000And look, I'm not saying social safety networks couldn't help people if angels ran the government, but it's always control freaks that are going to use it to hurt people.
02:43:14.000Your question was about if you think this book is going to help people realize the truth about 9-11.
02:43:20.000I don't think it is because once people are going to start catching on to it, they're going to do something to try to stop it.
02:43:29.000The whole freedom of internet thing is really pushing the movement.
02:43:33.000They're going to try to take that away.
02:43:36.000And something's going to happen, I think, before another terrorist attack, and then the Bush administration could say, oh, see, we told you so.
02:43:46.000Well, remember years ago, I warned before the next false flag that some of their legislation to, quote, keep us safe wouldn't go through, and Bush would say, we're about to be hit.
02:45:41.000I mean, none of my New York publishers would touch the book.
02:45:44.000I was supposed to speak on a Los Angeles Book Festival panel.
02:45:48.000They were really excited to get me on there, and they mysteriously canceled a couple weeks later.
02:45:53.000I've been kept off the major shows, but here's the one.
02:45:57.000You know, I've been on the Today Show before, Kathleen Cryer's Report, Fox News, almost every station, hundreds of interviews.
02:46:04.000Your audience has the power to get me onto the mainstream media.
02:46:09.000If they do simply one thing, between now and Tuesday, which is when the New York Times book sellers list comes out, between now and Tuesday, if they simply go to Amazon.com or Barnes & Noble and Borders and buy two copies, one for themselves and one copy of the showgate for somebody like Stacey's relatives or friends at the bank who just will never listen to her, your audience's numbers are so vast That that would push the book into the top ten New York Times bestseller list.
02:47:21.000And, uh, I also want to say that, um, with the book, I'm not sure how Many, you know, newspapers and things like that will take it because I think they will take it as fiction and nothing else.
02:47:35.000Well, for people that read, it's a great tool.
02:47:50.000If I'd like to hear what you and your guests have to say about my recommendations when calling up talk shows, it's unbelievably easy.
02:47:58.000You don't have to dress up like you do for TV, so you can stay relatively anonymous while stating hard facts.
02:48:05.000And you don't often need to be vague about your reason for calling in order to get on the air.
02:48:10.000It's easy to get on the air, even when you tell the call screener exactly what you're calling about.
02:48:15.000Uh, the screener will sometimes help you rephrase your point in order to disguise it from the talk show host.
02:48:20.000But, uh, or the host, uh, the talk show host will take your call and, uh, after you, after cutting you off, will say that, uh, he didn't know what you were going to say.
02:48:29.000And this is his way of trying to get off the hook with his matches while, uh, still allowing you to say your piece.
02:48:36.000So, um, you know, these hosts know they are doing evil, but, uh, maybe they feel they're not doing, uh, so much evil.
02:49:44.000We at The Bible Says want to alert the world to the topic of the Mark of the Beast.
02:49:49.000Soon, it will be upon us as an overwhelming surprise.
02:49:53.000The world is pressing toward a forced one-world religion.
02:49:56.000The real issue behind this is the union of church and state nullifying our First Amendment.
02:50:01.000Americans will have to give up their peculiar beliefs and accept what the new world religious leaders prescribe.
02:50:06.000In 2005, President Bush signed the Real ID Act, which goes into effect May 11, 2008.
02:50:12.000Many people believe that this will be the mark of the beast because of the restrictive measures included, which seems to parallel the no buying and selling of Revelations 13, 17.
02:50:21.000In Revelations 14, 9, speaking of the mark of the beast, it says, If any man worship the beast, take notice.
02:50:45.000Since the creation of the Federal Reserve in 1913, all banks in these United States create money out of thin air for every single loan they issue.
02:50:53.000With never-ending late fees over the limit fees and higher and higher interest rates, it has become mathematically impossible to repay all debt, making all of us slaves to our creditors.
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02:51:43.000The broadcast transmission will be over here in about five minutes.
02:51:52.000We had an unbelievable economist on with us in the second hour, if you missed it, and tons of economic news in the first hour.
02:52:01.000The restreams on the internet, if you're not listening on AM or FM station, or you missed any of it, start consecutively all the way, the show re-airing back-to-back, until I come back live Sunday, 4 to 6 p.m.
02:52:43.000Before I hit a final news story or two, I've got to tell you about Interfood.
02:52:50.000They've got healthy coffees, healthy cocoa, but their main product, one that made them famous, is their green food.
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02:53:17.000Go to Infowars.com and link through to their banner, and you get 10% off as an Infowars reader by linking through to Interfood, to that subpage from Infowars.
02:53:27.000So go to Interfood.com or 1-866-762-9238, 1-866-762-9238.
02:54:15.000I meant to get into, this is looking worse and worse.
02:54:20.000They provocateured the flashbang bombing of the Army Recruiting Center that's shut down most of the time because they can't even recruit people.
02:54:29.000It's a way of making the government look like it's under attack.
02:54:31.000More police state measures while the border's wide open.
02:54:34.000ABC News reported it was connected to a peace group.
02:54:48.000That is just right out in everybody's face.
02:54:53.000There is so much more that is going on that we'll be covering coming up Sunday.
02:54:58.000But here it is, Times Square Blast linked with anti-war demonstrator AP.
02:55:02.000Photos of Targeted Military Recruiting Station were sent to members of Congress.
02:55:06.000And then it turns out, in another article, ABC's now having to admit that that is not the case, that the neocons are still on talk radio saying that's the case, because they needed an excuse to turn their police and military apparatus.
02:55:20.000You've heard them saying, arrest 9-11 truthers, you've heard O'Reilly and all of them at the talking point, it's going to get violent, peace groups are going to get violent, and if you look at the 60s, 70s, and before, the feds would provocateur, either run organizations, command people to do it, or do it and blame people.
02:55:34.000They just got caught in Montebello last year at the North American Union meeting.
02:55:39.000It's attacking other police, staging as protesters to try to then be able to attack the peaceful people.
02:55:48.000We have The Economist on every week, but The Economist and Forecaster we had on in the second hour was unbelievable.
02:55:54.000And so if you tune in right now at InfoWars.com, if you missed it, you'll be able to hear it.
02:55:58.000The first and second hour are about to restart.
02:56:00.000The show will continue at InfoWars.com right now.
02:56:04.000You've got to go to those streams to listen, though, and I recommend you do because the shows just get more and more powerful each and every day, or you can catch it throughout the weekend until I'm back live Sunday, 4 to 6.