Ron Paul, Bob Chapman, and Webster Tarpley join host Alex Jones live on the show to discuss the financial implosion, the 9/11 attacks, and the financial enslavement of the free people of the planet.
00:00:38.000Today of September 2008, I am Alex Jones, your host, and we're going to be here for the next four hours live, taking your phone calls, talking to Congressman Ron Paul about the controlled financial implosion being orchestrated by the military-industrial complex in a financially military-coordinated attack against the free people of the planet,
00:01:02.000not just the United States, indentured servitude And the financial enslavement is being set up right now.
00:01:10.000Bob Chapman, the international forecaster, will pop in for his weekly visit as well.
00:01:15.000And Webster Griffin Tarbly, another expert on the world banking system, been breaking down for more than a decade exactly what we're now witnessing by design.
00:01:26.000So, Congressman Ron Paul, fresh off grilling the private fellow reserve chairman yesterday and the banking committee in the House, We'll be joining us Webster Tarpley and Bob Chapman today.
00:01:39.000I'm going to break down the false reality that the public is being handed and given on the economic Armageddon that we're witnessing, just the foreshadowing of it that we're currently seeing, versus what's really happening In the real world, where we actually live.
00:02:05.000And so I'm going to do that in the next 30 minutes before Tarpley joins us, then Ron Paul, Bob Chapman, in that order today.
00:02:13.000We will also open the phones up when Tarpley is on with us and Bob Chapman.
00:02:18.000We only have Ron Paul for 30 minutes, so we won't be taking calls.
00:02:30.000By opening the chat room, maybe somebody should make a entry in the area of the Prison Planet Forum.
00:02:37.000There's a section for live questions on the air.
00:02:40.000I do peruse it daily, and perhaps folks should post short questions there, and then one or two of your questions will probably make it on air with Congresswoman Ron Paul, because I love the directions and the angles that listeners take us in, and a lot of times bring up points that are more salient And that cut to the heart of the matter even more so than I would or our informed guest would.
00:03:02.000We have quite an audience to be able to pull on, though most of them are working when we're on the air so can't call into the show.
00:03:11.000You can certainly go over to the Prison Planet Forum and put some of the questions in there.
00:03:21.000Also, We need to deal with the military situation.
00:03:28.000Last week, last Thursday, we made much to do about the Army Times calmly reporting that a armored brigade, combat brigade, from Iraq, under NORTHCOM, would have crowd control, riot control, quote, non-lethal weapon patrol of the United States.
00:03:50.000They're going to be rotating different brigades and preparing them For a homeland mission.
00:03:56.000And there was a spectrum of responses to us posting that and covering it and writing some articles, several articles in the last week about it.
00:04:04.000It runs the gamut from people saying, oh, it's just training, it's no big deal, to people on the comment sections in the stories going, why isn't Alex covering this?
00:07:00.000You know, as a father and a husband, one of the enjoyable things in my life has been walking in at night and checking on my children, checking up on my wife, making sure she has the things she needs, but mostly providing for my family and knowing that they're secure, that they feel comfortable every day in their little skins, they don't have to worry about the oddities of the world taking over and wrecking their lives.
00:07:20.000I've always wanted to be a good provider and I'm not going to change that now just because the economy's in upheaval and because there's a lot of political and social uncertainty and I hear about global warming We're
00:08:42.000They're grandstanding to make it look like the presidential debates matter and like these people are important and Bush is calling them to the White House today to have an economic summit as the Republicans and Democrats circle the wagons because in every major poll Right at or under 30% agree with the stick-up.
00:09:10.000But they know how to label things deceptively and then we spend all our time just educating people about what it really is and by then it's too late.
00:09:18.000Again, this is military PSYOP precision.
00:09:22.000Devastation! All laid out, we told you years ago, the real money was moving offshore, getting out of the country.
00:09:30.000This show, this radio show, didn't tell you that it was just coming, an economic collapse.
00:09:35.000We told you exactly how it would happen and what year it would happen.
00:09:41.0002008. Over and over and over and over again in news articles and guests and experts and Nobel Prize winners for economics.
00:09:50.000Congressmen. On and on and on, we told you exactly what's going on.
00:09:58.000I mean, we're so informed about what's going on, because we keep our nose to the grindstone, that it's basically like we're police detectives that have been tracking a serial killer for years, and we've gotten so inside his mind that we know where he's going to strike next, what type of woman he's going to grab off the street next.
00:10:47.000I'm gonna be basically beat though when the show's over, but get ready.
00:10:52.000We got three hours and 50 minutes spanning out before us with Webster Tarpley, Ron Paul, Bob Chapman and others on this live September 25th, 2008 edition.
00:11:03.000But speaking of psychological warfare, let me set the table for something.
00:11:09.000You know, not just the staged wars or the staged terror or the staged economic collapse.
00:11:15.000Let's break down What a country in receivership looks like, and how they've sold the childlike public on accepting their bondage.
00:11:27.000Okay? And I wonder, have the police and the social workers, have you ever looked at the prison that you're also building around yourselves?
00:11:43.000You're not in some elite position Immune from this.
00:11:46.000You're going to get hurt just as bad, probably worse than everything that's happening, because you're going to be expected to defend the corrupt system as things get darker and darker by the day.
00:11:55.000This is going to stretch out for years.
00:12:01.000If a child in front of a hundred witnesses at a park falls off a jungle gym and breaks their finger or arm, which happened to most of us growing up, There's a good chance the parents are going to fight with lawyers, their lives, everything they've got, maybe, just to keep the child.
00:12:16.000But about a third of the time, the government's going to take your child.
00:13:28.000The book is completely thrown at the American people who are the milk cows, the sows that are bled.
00:13:37.000Illegal aliens because they have a job to drive down the wages, break down the society, and bankrupt the states with unfunded mandates for health care, welfare, and the rest of it.
00:13:46.000I'm not attacking them, I don't blame them wanting to be here, I'm just stating facts.
00:13:51.000They come up here, they get pulled over drunk, no ID, no nothing, Insurance, they get let go, but citizens don't.
00:14:03.000Now, I've set the table with that, and there's hundreds of other examples.
00:14:11.000Meanwhile, there is a story that's up on the Drudge Report, I want this up on InfoWarsAndPrisonPlanet.com, with the headline, Police to Stop Responding to Crimes.
00:15:18.000A budget crunch in Palm Bay may mean city residents who forget to secure car doors or close garages will get only a case number and nothing in terms of a visit By patrol officers and something is stolen.
00:16:03.000But that's because it's only for the fat cows.
00:16:05.000Our fat slaves were sucking dry, not for real criminals.
00:16:10.000The police revision is part of a wider cost-cutting look at the Palm Bay Police Department 200 million annual budget.
00:16:15.000Yeah, I bet they're not going to stop having cops out writing tickets to little old ladies or acid forfeiture seizure, grabbing cash out of their purses.
00:16:21.000We're looking very seriously at types of calls we will go to.
00:16:24.000Palm Bay Police Chief Bill Berger said, still about 85 to 90% of the people who've had their cars broken into left the car doors open, but obviously, it's an actual break-in, we'll respond.
00:16:36.000On and on and on, because we've got more serious things to do.
00:16:39.000They've more than tripled the number of cops in this country, and you can't get one.
00:16:45.000You know, woman gets mugged in the heart of town, Calls for the police, but there's none around.
00:16:51.000He's out on the interstate setting the trap for a live one to skin and wrap.
00:17:12.000Meanwhile, in Austin, Texas, every week I hear about them shutting down a major highway, shutting down downtown, panicking, hyperventilating, freaking out.
00:17:20.000A cardboard box blows out of a car, bomb squads, and the police always show up because it's meant to send a psychological message.
00:17:26.000There's terrorists everywhere and you need paramilitary police and intelligence units and all the federal funding and the emergency centers that spy on the citizens and spy on the churches and spy on the peace groups.
00:17:37.000We need them because there's terrorists.
00:17:39.000They have all these fake drills, which they admit in their own documents, are meant to create fear, to create the realism of the terror threat.
00:17:48.000Hot dog outside Philly ballpark causes bomb scare there was a paper Plate with two hot dogs on it laying on the ground and the citizens Play the clip this is the total mind control the public's under Tonight's Phillies game goes on as scheduled despite a bomb scare at Citizens Bank Park just a few hours earlier.
00:18:17.000Three suspicious packages were found just outside of a gate that leads into the park.
00:18:22.000Fans who had already arrived for the game had to be evacuated as a precaution and players were actually kept on the field.
00:18:29.000Well, the bomb squad arrived and they detonated that package.
00:18:32.000Turns out there was nothing more inside than some hot dogs wrapped in duct tape.
00:21:16.000Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
00:21:24.000Some U.S. investigators believe that there are Israelis, again, very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
00:21:34.000Bin Laden's connections to the CIA, the hijackers' ties to the FBI, the Saudi Arabian Either you are with us, or you are with the terrorists!
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00:23:00.000Attention, this is an extremely urgent self-reliant news bulletin.
00:23:04.000If you have ever wanted to produce your own cheaper-than-dirt survival food, this is going to be the most important message you will ever hear.
00:23:13.000This network has just learned of a new video course that reveals the secrets of how to safely prepare and store all types of survival foods in an event of social unrest and food shortages here in the U.S. Grain shortages and hunger are spreading across the globe.
00:23:26.000Will troops guard the food supplies in the U.S. this fall?
00:24:42.000is watch my feet and lay are you aware of the real world while I'm bandaging my knee I might fall But in the primal equation it doesn't matter.
00:24:53.000Reality is still there looking you in the face even if you deny it.
00:25:01.000Okay, Ron Paul is coming up in an hour and a half.
00:25:06.000Webster Tarpley in the next segment, and we're going to be breaking down in detail all the things that are happening with a controlled financial collapse.
00:25:15.000Here is some of the news we have today.
00:25:18.000Reuters, U.S. to lose financial superpower status, Germany.
00:25:23.000And all that's happening is the international banks are fully sucking the United States dry and having the American people sign on to their international quadrillion in derivatives.
00:25:37.000Now, a year ago, and we have articles up on InfoWars.com that break down all the official numbers on this, it was only 61 billion dollars that was owed In mortgages in the United States.
00:25:56.000And now it's only a little over a hundred billion dollars.
00:26:00.000Even with the devaluation in the real estate market in many areas of the nation.
00:26:06.000Some areas are still holding firm like Austin, Texas to some extent.
00:26:11.000Now how is it that they need a five trillion dollar bailout?
00:26:15.000By the way, that's Bloomberg Financial last night saying I have the headline right here.
00:26:21.000Headline, bailout not 700 billion, more like 5 trillion.
00:26:59.000And then I was listening to talk radio shows this morning with all these disinfo agents and an establishment economist on saying, this isn't really a bailout.
00:27:07.000The government, the taxpayers, are getting really good assets.
00:27:10.000You know, they're getting some really good financial instruments.
00:27:14.000Well, number one, you're not getting anything.
00:27:44.000Mass crime right out in the open, and we have John McCain coming out and saying, let's suspend the debates, let's suspend the campaign for now.
00:27:53.000Kind of a trial balloon for suspending the campaign period, as CNN was saying last night.
00:27:59.000Oh yeah, CNN saying, are they talking about suspending the campaign period?
00:28:05.000And then Barack Obama says no, now he says maybe.
00:28:08.000They're meeting today at the White House to grandstand, to have the Republicans and the Democrats team up and say to the American people, hey, we know in Ross Mewson polls and other polls, 25 to 30 percent, depending on which poll you look at, some are 25, some 28, some 30, but around 25-30 percent of you are for the stick-up that they call a bailout.
00:28:28.000The total takeover of the banking system of the real economy.
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00:33:01.000Well, I just popped over the old state line My headlights focused on a welcome sign When hiding in the bushes there waiting for me Was a big policeman with a capital P Shouting, look out stranger, you're heading for danger There's a welcome sign ahead He dragged me off to the old town square We're good.
00:33:30.000He said, look at here, boy, you better slow down.
00:33:33.000You're in a heap of trouble in this one-horse town.
00:33:35.000So look out, stranger, you're heading for danger.
00:34:13.000A woman getting mugged in the heart of town Yells for the cops, but there's none around The down on the interstate setting the trap A hunting for a live one to skin and wrap So look out, stranger, you're heading for danger There's
00:34:29.000a welcome sign ahead When a sign says, welcome to God's country Good, you got competition from a slick JP Fuzzy old buzzards that fill in their craws With highway robbery in the name of the law So look out,
00:34:44.000stranger, you're heading for danger There's a welcome sign ahead I've got those drag'em off the interstate Sock it to them, JP Blues Yeah, welcome in the evening Sock them
00:34:59.000when they're leaving, Blues A kangaroo court is the last resort On a low-down, shakedown cruise Cut to them, drag them off the interstate Sock it to them, JP Blues Cut to them, drag them off the interstate Sock it to them, JP Blues Yeah, here they come Lick em! Lick the boo!
00:35:38.000In the next hour and 15 minutes or so, because I want to open the phones up for people to be able to talk to Webster Tarpley, he really is a great political and financial mind.
00:36:37.000I got up here on the air and, you know, I don't put on a bluster, but I mean, that's just what comes out once I'm on air.
00:36:43.000I put a good face on it, that we're going into this storm with our chins up and our chest out.
00:36:49.000But let me tell you something, all of you better get yourselves right with God, because this is going to make the Great Depression, whether it comes this year or five years from now, whatever the trajectory of this is, and it looks like sooner rather than later, it's going to make that look like a Sunday walk in the park,
00:37:07.000as they say, because we had 90% of the population being agrarian rural farmers, and they were self-sufficient, and 7 million, according to Major studies that have been done by universities, between 7 and 10 million, the conservative number 7 million, starved to death during the Great Depression.
00:37:27.000Now, if 7 million, we're only a country of 200 million, if 7 million starved to death and 90% were self-sufficient, then what is going to happen when we've got 90% living in the city, 10% on the farms, and only half of those on the farms are self-sufficient?
00:37:44.000And that's a You know, that's trying to make it look good.
00:37:47.000It's probably less than 5% that are really self-sufficient.
00:37:50.000I got family, lives on the farm, lives on the ranch, and let me tell you, they're not self-sufficient.
00:37:55.000They are close to it with wells and gardens and canned foods, but I mean, could they take care of themselves in a road warrior situation?
00:39:48.000If they get the bailout through the way they want it, it is not a bailout, it's a takeover.
00:39:53.000So, Webster, first off, instead of getting into the economics, and I want to get into that, how do we, because I don't think there's any stopping this now, though we see only 28% in Rossmussen poll for it, so maybe there's some way to stop them, but then they're going to crash the economy and say we caused it.
00:40:08.000And then get a propaganda victory, and then later pass some bailout so they'll actually get both.
00:40:12.000I mean, it's a very sophisticated game we're playing here.
00:40:14.000Only getting the word out, and some mass way to stop it.
00:40:17.000I don't know if we have the power to do that.
00:40:18.000So, I think you're getting the gist of this long five-minute diatribe of the facets I want from your mind.
00:40:24.000I want to pick your brain, the listeners do, of A, what do you think of what I just said?
00:40:30.000And then B, how do we organize quickly so they don't take the farms and ranches, so they don't uh...
00:40:37.000corporatized instead of nationalizing they're going to be stealing everything and handing it in uh...
00:40:42.000to this this this war mock this juggernaut uh...
00:40:46.000as the private banking system goes to war against humanity webster griffin tarpley thank you alex i would recommend first of all political mobilization political action uh...
00:40:58.000the the sort of survivalist side of things you can do in in in your spare time i'd get them uh...
00:41:03.000Get some stuff in the pantry and all that.
00:41:13.000The power of the finance oligarchs has thrived in an atmosphere of public passivity, apathy, lethargy, not voting, not caring, above all, not being active.
00:41:25.000Because politics, it can't be a full-time job.
00:41:30.000But we've had a snickering, giggling, morbid population trained that it's cute to not care, and cute to be uninformed, and now, if people think it's bad now, they have no idea.
00:41:40.000Yeah, you can just take the time you're devoted to some idiotic sporting event, which is just bread and circuses provided by these same Wall Street bandits, and devote that to politics.
00:41:51.000Now, obviously, the imperative right now is to mobilize to stop the bailout, and any reason to vote against the bailout He's a good reason.
00:42:00.000And in the anti-bailout coalition, you can easily have a lot of very diverging points of view about what ought to be done after that.
00:42:10.000But certainly, the minimum common denominator of civilized humanity is that you've got to be against the bailout.
00:42:18.000Now, as you say, success is not guaranteed, especially because it looks like we've got a pan-oligarchical coalition.
00:42:26.000We've got all the oligarchs of all the different stripes.
00:42:28.000We're now coming together to say that they're going to have to put aside their ideological scruples, they're going to have to put aside their various free market ideological pabulum.
00:42:41.000They are circling the wagons, both parties against us, and even in Austin and Dallas, I'm listening to local radio, they are dispatching CFR members, globalists, to speak to the business councils and saying, hey, get behind this, get behind this, and they're terrorizing people and saying, or there'll be a depression next week.
00:42:59.000Well, there is, of course, a prospect of an immediate deflationary crash, but using the sorts of methods that I recommend, and these are, of course, New Deal methods, it is proven, using these methods, you can stop a depression in a single day and begin to turn it around.
00:43:30.000Hoover created something called the Reconstruction Finance Corporation, and with the help of Congress, put about 3 to 4 billion dollars in it.
00:43:38.000And the 3 to 4 billion in those days was a lot of money.
00:43:41.000If you want to estimate inflation, I think a good way to estimate inflation is to use postage stamps.
00:43:46.000In those days, a first class letter cost 2 cents.
00:43:51.000That looks like a 2,000 percent inflation rate.
00:43:54.000So, if you multiply the 3 to 4 billion of then, By 2000, you're more or less in the ballpark that you say, right?
00:44:01.000Four, five, six trillion dollars that have been thrown into this between Fannie Mae, Freddie Mac, the current bailout, other sorts of liquidity injections, and so forth.
00:44:11.000Now, the trick about the Reconstruction Finance Corporation under Hoover was that it was a failure.
00:44:18.000Simply because, under conditions of economic breakdown, financial panic, and the things that we have today, It is impossible to maintain paper values.
00:45:23.000What we've got is a bailout program that only touches financial institutions and everybody else be damned, even companies that still produce something useful.
00:45:32.000I mean, you've got to, the way the world is set up right now, you've got to have cars.
00:45:36.000That means you've got to have General Motors and Ford and Chrysler and those assembly lines.
00:46:06.000Now, the Reconstruction Finance Corporation, Was a failure under Hoover, precisely because it tried to prop up paper values, it tried to save insolvent banks.
00:46:18.000We should look at the Reconstruction Finance Corporation as it existed under Roosevelt, and Jesse Jones of Texas, who was one of the great people who built the United States, he had the Reconstruction Finance Corporation, and he said, I'm not going to try to prop up paper values and insolvent banks,
00:46:35.000I'm going to create things like The Synthetic Rubber Corporation, the Chemical Corporation, the War Plant Corporation, in other words, new plant and equipment creating high-paying industrial jobs that soaked up unemployment, expanded the tax base, and led to recovery.
00:46:51.000And of course, some of the recovery had to wait until World War II, but a lot of it was done, for example, during the year of 1941.
00:46:58.000That's the year that unemployment really disappeared under Lend-Lease.
00:47:02.000That kind of policy Uh, would be effective today.
00:47:06.000What we basically need today is a lend-lease program to fight the depression on the home front, right?
00:47:37.000The way we have the system we have now is that the inherent power of the federal government to be its own bank and to coin money, because the Constitution says the Congress has the power to coin money.
00:47:47.000Today that would mean the currency issuance of the United States and the interest rates ought to be decided by public law.
00:48:34.000There can be no investment in anything that helps us because everything has to be greedily taken up to them and then leveraged to infinity so they can grab up other infrastructure, which they then greedily let rot in their hands.
00:48:46.000Yeah, I don't agree with the slogan of the free market.
00:48:48.000I don't think there's been a free market anywhere in the world for several centuries.
00:48:52.000And to pretend that it has existed, I think, gets you on the wrong track.
00:48:55.000But the main issue now is the question of credit and the Federal Reserve.
00:48:59.000Now, this, of course, is run by a banker's cabal.
00:49:02.000I think people are familiar with this.
00:49:03.000It was set up the way it is under Rockefeller and Morgan, above all, right?
00:49:08.000The House of Morgan dominates Wall Street, still does.
00:49:10.000JPMorgan Chase is the centerpiece of it.
00:49:41.000You can't change the Constitution with a statute.
00:49:43.000And that is what the Federal Reserve Act did.
00:49:45.000And last week, you have to do it by going to the states.
00:49:48.000Now, we're going to come back and talk more about this, but remember last week, Paulson tried to tell Congress, well, we don't need you, because we have contractual agreements with the Federal Reserve, and now they're claiming they have contractual agreements with foreign banks.
00:50:50.000Always tell someone where they're going and when to expect their return.
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00:51:46.000Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
00:51:53.000Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
00:52:03.000Bin Laden's connections to the CIA, the hijackers' ties to the FBI, the Saudi Arabian connections Either you are with us, or you are with the terrorists!
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00:53:53.000where they attempt to take over the entire world financial system that they've already been sitting on top of, but they want to fully bankrupt it so they can consolidate it.
00:54:03.000They've exposed themselves as criminals.
00:54:05.000The public out of the gates doesn't believe anything they say.
00:54:08.000They're operating in a 20, 30-year-old paradigm when they controlled the newspapers and the television before the rise of the alternative media.
00:54:16.000Webster, do you agree that they have miscalculated and that we could Certainly use their miscalculation to open up a wider front against their operations and that this could be the catalyst that destroys the Anglo-American crime syndicate?
00:54:31.000Well, I think we do need to mobilize against it.
00:54:34.000I don't see them operating according to a timetable.
00:54:37.000In other words, the process of descent into a new world depression is uncontrollable from the point of view of any single oligarchical faction in this But they're attempting to control it and use it as a centrifuge black hole consolidator.
00:54:53.000Well, they try to turn the crisis against the people.
00:56:41.000they can lend to JPMorgan Chase, so JPMorgan Chase can lend to the Treasury.
00:56:46.000Why not nationalize the Federal Reserve?
00:56:49.000Cut JPMorgan Chase out of the game, right?
00:56:52.000Let them go and earn money some other way.
00:56:55.000And the inherent capacity of the U.S. government to finance itself comes into play.
00:57:00.000Why do we need to have this crew of Wall Street money center banks who are there simply to parasitize the public debt and the currency formation of the United States.
00:57:13.000JPMorgan Chase is supposed to be a commercial bank.
00:57:15.000Commercial bank is supposed to, or used to traditionally, they would make loans to businesses to create new plant and equipment, new businesses, new jobs, productive jobs maybe, or highly paid jobs.
00:57:28.000JPMorgan Chase and the rest of them, Citibank, Bank of America, the really big ones, Wachovia, and so forth, those are not commercial banks anymore.
00:57:39.000Right now, if you look in the official statistics from the controller of the currency at the Federal Reserve, or the Treasury in this case, they will tell you that JPMorgan Chase officially carries almost $100 trillion of derivatives.
00:57:55.000Now, that is six or seven times the gross national product of the United States.
00:58:29.000Do you like being a puppet for the New World Order?
00:58:30.000How do the American people know that 9-11 wasn't staged, wasn't engineered by you, David Rockefeller, the Trilateral Commission, the C.A.R.?
00:58:38.000The day that we stop asking questions is the day that we have allowed the seeds of despotism to grow at our own door.
00:58:46.000Seven years after the attacks of September 11th, a global awakening has taken place.
01:00:12.000He's breaking this down with his particularly insightful perspective.
01:00:18.000He'd gotten up to just JPMorgan Chase With a hundred trillion, conservatively, in derivatives alone.
01:00:25.000uh... webster continue that that's just the official figure they say a hundred trillion of derivatives but it's really something like three hundred or or how i don't we don't know how many because it's not reportable it's completely deregulated one of the obvious things you'd have to do it to come forward with this package to say spend seven hundred billion if you wanted any credibility at all you'd have to say and we're banning derivatives from now on we're going to outlaw derivatives Because that's the heart of this crisis.
01:00:52.000Now, if you listen to the hearings, I think the Senate Banking Committee hearings with Hanky Panky Paulson of Goldman Sachs, helicopter Ben Bernanke, this feckless, incompetent Cox, who's the head of the Securities and Exchange Commission, the guy called Lockhart from the Federal Housing Administration, they all try to avoid saying that this is a crisis of derivatives.
01:01:16.000They say these are mortgage-related securities.
01:02:20.000In other words, the fact that some poor schmo got a mortgage, an adjustable rate mortgage, and then defaulted because he couldn't pay is basically irrelevant.
01:02:33.000In other words, that's a factor of tertiary or less significance.
01:02:37.000It's just a side issue that they throw in.
01:02:40.000Naturally, adjustable rate mortgages should have always been illegal.
01:02:45.000Yeah, they're predatory loan sharking usury, but the point is it's a red herring, a scapegoat.
01:02:50.000Yeah, because what they've got now is a theory, and you hear that they say, um, a lot of loans were made that should never have been made.
01:02:57.000A lot of greedy people bought more house than they could afford, and that has led to the present crisis.
01:03:04.000You're talking about a derivatives bubble, I again estimate one quadrillion, that is $1,000 trillion to $1.5 quadrillion to maybe as much as $2 quadrillion.
01:03:16.000We don't know, because none of this is regulated, none of it is reportable.
01:03:21.000One of the main categories is sure to be credit default swaps.
01:03:25.000Hanky Panky Paulson himself talked about mortgage-backed securities.
01:03:31.000That's obviously a derivative, because it's paper based on paper.
01:03:47.000If you want to solve Fannie Mae and Freddie Mac, the first thing you want to do is go in there and say, look, any mortgage-backed securities that you have, we're going to strip off that top layer of derivatives and declare that illegal.
01:04:19.000We'll talk about how we do it on the other side, plus the amazing conflict of interest to have the former head of Goldman Sachs, Henry Paulson, heading up this Titanic.
01:04:31.000Today, unlike any other in the long course of American history, a terrorist act of war against this country.
01:04:38.000The enemy struck America on September 11th.
01:04:47.000Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
01:04:54.000Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
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01:08:15.000Specifically today, in this hour, Ron Paul's on this next hour.
01:08:19.000Congressman, I want to discuss and I want to talk about what is at hand now.
01:08:24.000Okay? And you can bring up the military deploying regular army to the U.S. or other subjects, but it really needs to be on subject.
01:08:33.000You know, not how I work for the Tooth Fairy or, you know, any of these other diversions or distractions.
01:08:37.000We normally have wide open phones, but On any subject, but right now we're looking at what's happening with the economy.
01:08:44.000Webster Tarpley, what about prosecuting these criminals?
01:08:50.000That's important, but what concerns me the most is out of the gates the last few months, the corporate owned media owned by the big banks and hedge funds and defense contractors that have pulled these scams, they are just telling us over and over again, no one did anything criminal, no one's bad, no one's going to be investigated,
01:09:07.000no one's going to be jailed, And that's really, just like Bush had them retroactively, you know, pass something to destroy the Fourth Amendment for warrantless spying on the American people, so he's trying to, you know, basically get a pardon retroactively.
01:09:22.000It's the same thing, and I'm sure you've read the section where it says nothing can be investigated, nothing can be reviewed by any court, the government, any agency, nothing these financial institutions ever did, once they go under the umbrella, ... of Paulson, who again headed up Goldman Sachs.
01:09:38.000They can use the money, they can leverage it, they can buy more derivatives, they can speculate.
01:09:44.000I mean, this is just unspeakably corrupt and wicked, and you have the very people that engineered it doing it.
01:09:53.000The first aspect is the draft sent by Paulson and Bernanke was this infamous three-page outline where Paulson says, Everything that I do is above the law.
01:10:03.000Nothing can be reviewed, not by a court, not by a federal agency.
01:10:07.000Now, this is blatantly unconstitutional.
01:10:10.000I actually think that some of the extreme provisions of that three-page document were put in there as a kind of a kabuki dance.
01:10:19.000In other words, he says, I want 700 billion dollars and I want it now and you can't review what I do and I get to do whatever I want and to hell with you.
01:10:26.000And then he can moderate and it's the false choice.
01:10:29.000He can then, he can become more reasonable.
01:10:31.000I believe that particular provision has already been dropped, because that would be sure to be overturned by the Supreme Court, if there is a Supreme Court, but it is obviously in flagrant violation of the Constitution.
01:10:43.000Look, I would focus right now on getting the policy straight.
01:10:46.000Later on, once you have state power, you can prosecute all sorts of people.
01:10:51.000You can't put the cart before the horse.
01:10:53.000The question of a world economic depression is that it goes beyond stealing.
01:10:59.000The question of a world economic depression is the wrong policies that have now been in place for decades.
01:11:08.000In my book, these are the Milton Friedman Chicago School policies.
01:11:12.000Okay, Webster, we're going to get into that in a moment, and I'm going to give you the floor to cover that, but I don't think that's cart before the horse.
01:11:18.000That discredits their entire current wrong policy, as you put it, but to them it's by design.
01:11:24.000And so, you know, justice be done, may the heavens fall, it's been said in many different ways, and so we need to, while everybody's paying attention to this, a year from now, you know, people will be focused on whatever the new issue is, or some Russian war, and then the mainstream media can basically create collective amnesia.
01:11:44.000I mean, you're saying that we don't need to point out they're criminals now?
01:11:47.000Yeah, they're criminals, but here's the thing, you've got to understand, the reason that you're seeing all these criminals is, as it's been said, When the tide goes out, you find out who's swimming naked.
01:11:57.000In other words, a lot of the embezzlement, a lot of the theft, a lot of the abuses are now being revealed by the fact that a world economic depression is in progress.
01:12:06.000And the roots of the world economic depression go back to people like Nixon, Kissinger, Arthur Burns, George Shultz, who's still around, so is Kissinger, meeting in Camp David, August 15th, 1971.
01:12:20.000The wanton destruction of the Bretton Woods economic system, the fixed parities and gold settlement that had worked remarkably well since 1944 to allow the greatest increase in human productive power in all of recorded history.
01:12:33.000That was thrown out under the pressure from the British, who were demanding gold payment.
01:12:38.000Not the gold, not the French, but the British.
01:12:40.000And ever since then we've seen a Decline in production and standard of living and an increase in...
01:12:45.000It's been going down and risk, above all the growth of risk.
01:12:48.000About ten years ago, the head of J.P. Morgan Chase went on television and he said, you know, my bank is in the risk business, meaning we gamble.
01:12:56.000The J.P. Morgan Chase is a huge gambling casino.
01:13:45.000The British wanted floating rates and competitive devaluations.
01:13:48.000The Canadian dollar was kept floating the entire time.
01:13:52.000And they made speculation the economy.
01:13:55.000Basically, the speculators have taken over the economy under the aegis of risk.
01:13:59.000The problem is, the entire system organized itself to protect against risk, and now you see that the credit default swaps that were supposed to be the way To remove risk, at least that's how they were sold to suckers, they are now the center of risk.
01:14:14.000Explain to people what a credit default swap is.
01:14:19.000It's a so-called insurance on somebody going bankrupt.
01:14:22.000And now that they're all going bankrupt, this is bankrupting everybody.
01:14:26.000So it's basically, it's a derivative in the sense that it's paper based on paper.
01:14:30.000It has built-in options and futures and other things, and it can have thousands and thousands of elements.
01:14:37.000Basically, the thing that people have to know is that it's cancerous, it's toxic, it should be illegal, and it probably has been illegal the entire time.
01:14:46.000In 1933, there was an attempt to corner the wheat market in futures using options.
01:14:52.000So futures options were used to try to get control of all the wheat in the United States.
01:14:57.000That led, in 1936, to a very good New Deal law that said, Options on agricultural commodities are illegal.
01:15:29.000The Glass-Steagall Act said, look, A bank is one thing.
01:15:32.000Commercial bank is one category of institution.
01:15:34.000You want to be a stockbroker, that's got to be separate.
01:15:38.000All during the 1990s, the bankers agitated, no, no, we don't like that.
01:15:41.000We want to have J.P. Morgan stockbrokers merged with Chase Manhattan Bank.
01:15:46.000Now we want to have Goldman Sachs as a bank.
01:15:49.000We want to have Morgan Stanley as a bank.
01:15:51.000So you go from investment bank, which is no bank, but really just a stock jobber, brokerage, counting house operation, we want to make that into a bank.
01:16:01.000This was the first thing they did in the New Deal, 1933.
01:16:04.000Carter Glass of Virginia, who was a very conservative guy, said, look, we've got to separate, we've got to have a firewall between anything that has to do with issuing securities of any kind and having responsibility for deposits.
01:16:22.000Under the New Deal, the Securities and Exchange Commission was created, and it said, you can't continue to short Sell short a stock if it's just going down, down, down, down, down.
01:16:34.000This character Cox, who's the head of the Securities and Exchange Commission, came in and last summer he abolished this uptick rule just in time for the great mudslide to begin, which is now...
01:16:45.000And just in time they make it harder for every citizen to declare bankruptcy just in time.
01:16:52.000They set rules where companies can steal pension funds.
01:16:56.000They plan this bank robbery very, very well.
01:17:06.000We have this meeting going on at the White House right now with Obama, and McCain, and Palin, and Pelosi, and Reid, and all of them in train.
01:17:26.000Yeah, so they're all together now with a sales job, and they've dispatched their minions in every major city, and all over the media saying, we've got to do this, we've got to do this, we've got to do this.
01:17:36.000Well, I think in terms of the politics, the most important thing is to have a mass movement of people of goodwill of all types to oppose this kind of thing, but with realistic demands.
01:17:49.000In other words, if people say, well, my goal is to go back to a world where there's no income tax and no taxes of any kind, this is a utopian program.
01:18:12.000And then you get 60 million people starved to death in China.
01:18:15.000It meant that in any situation where radical reform was possible, the communists would come on the scene as a saboteur of what would be the same.
01:18:42.000If we had gone ahead during the 1930s with more of this Herbert Hoover, laissez-faire, deregulation, privatization, Okay, Webster, we got a break.
01:19:02.000We're going to come back and take calls from Chris and Brian and Lindsey and Matt and others.
01:19:06.000Got Webster for about another 20-something minutes.
01:19:09.000And I want to be specific when we get back, just briefly, about my view about the economic situation and my idea about New Deal-esque Uh, policies.
01:19:20.000Uh, so, uh, I'm not particularly in favor of those, but compared to what we have, with just mass stealing of the entire infrastructure, it certainly is better.
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01:21:34.000Through the authority that has been delegated to us, it is time to destroy the destroyers.
01:21:39.000The number of the mounted troops was 200 million, the vast majority of the population of the U.S. Though the people of the U.S., where their numbers and influence are strongest, have primary responsibility for reigning them in and bringing them to justice, all nations will participate since they reside the world over.
01:21:56.000They are called Illuminati, elite, proponents of the new world order.
01:22:00.000They oppose everything that is God and truth.
01:22:03.000They are of the line that was disinherited 2,000 years ago.
01:22:06.000Everything they have built over the centuries, the wealth they have accumulated, the power they have established, the poisoning of the masses, the destruction of the earth and mankind, we will undo through the authority that has now been delegated to us.
01:22:19.000Visit our website at unveilingthem.com.
01:24:02.000The Grapes of Wrath, that movie, you should go watch it, but it was much worse than that.
01:24:07.000And then certainly the New Deal over the next eight years or so, leading into World War II, certainly that did create make work, that did set up jobs for people, a lot of folks didn't starve because of it, and so it's, you know, it truly is one of the lesser of two evils.
01:24:27.000Because out of that grew the social services system, the CPS kidnapping rings, the federalization of our local police, the militarized control grid.
01:24:38.000The problem is, in complex societies, you know, there is nothing utopic.
01:24:44.000And so you're always going to have some type of governmental structure and system, and you're always going to have corrupt individuals who know there's great power and wealth in government and in structures, so the corporations are going to move in.
01:24:53.000Not your corporations, some little ones, the big ones, folks.
01:25:35.000No. Uh, now because they have de-industrialized us by design, stating it was to make us more easily managed, now that there isn't any, you know, real industry left, 80 plus percent of it gone, now that the people are in such debt through the Loan-sharking that's gone on.
01:25:54.000That's all we can do now is take the power of the Treasury, use it for what it was meant to do, and they're already devaluing the dollar, so might as well go ahead and flood the real economy with capital to generate an infrastructure for us to live in and on.
01:26:12.000And so, I think that's where, in the intellectual debates, people get into this libertarian camp or into the Kind of Webster Tarpley, you know, government helping us view.
01:26:25.000The point is, the government is bad, it's out of control, it does horrible things, but because it's become a minion or a control panel for this international crime syndicate.
01:26:36.000And it will certainly become that again if it's big.
01:26:38.000But I say in the interim, use it to help the people survive, and then pare it down and control it in the future.
01:26:45.000Webster, we're going to come back and take calls, but I needed to just add my view on that.
01:26:50.000Well, if you look at history, I think you have a very hard time arguing government is always bad.
01:26:56.000The one thing you probably can argue is that bankers are always bad.
01:27:00.000Finance oligarchs, finance elitists, financiers, finance capital, you can argue that that is, if it's left unchecked, that will be evil.
01:27:11.000The government could be good or bad depending on who controls the government.
01:27:15.000I reject this notion big government is always bad.
01:27:18.000You need a government that's powerful enough In some future moment, different than what we have now, with real leaders, a strong presidency, not a weak one.
01:27:26.000Again, a Lincoln, a Franklin D. Roosevelt, even a Kennedy was trying to do this, to stand up, to say no to Wall Street.
01:27:33.000Look at Kennedy, fighting Roger Blau of U.S. Steel, saying no to Wall Street, and forcing U.S. Steel to back down, when that was a gambit put forward by Wall Street.
01:27:43.000Right now you have three possibilities.
01:27:45.000You have a hyperinflationary bailout, which is what you're getting right now.
01:27:49.000That leads to the fascist corporate state.
01:27:55.000Sure, with the world economic depression, because it doesn't work.
01:27:58.000You can't maintain the value of paper.
01:28:01.000Otherwise, though, the people who come forward and say, do nothing, go back to the free market, that is a deflationary collapse right now.
01:28:09.000And if you have children, you have to look at them and say, do I want the next five or ten years of their lives blighted and possibly ruined So that they can't go to college, that they can't get jobs, they can't have a normal life.
01:28:20.000But I see that as a fever, and I'm not saying I'm for that, I'm saying let's look at it, because that would bankrupt the police state, that would bankrupt the Pentagon control group, or let me finish, Webster, please, or it could actually energize that.
01:28:34.000If you look at 1932-1933, you'll see that the deflationary collapse occurred in 1930, And Herbert Hoover said, oh no, I can't do anything because that would violate the free market.
01:28:45.000And the depression just got worse and worse.
01:28:47.000And in Germany it got bad enough so that you could have an actual fascist seizure of power.
01:29:47.000Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
01:29:54.000Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
01:30:06.000Bin Laden's connections to the CIA, the hijackers'ties to the FBI, the Saudi Arabian connection, the Israeli Intelligence Network, Warnings and War Games, the shadow government, and much, much more.
01:30:16.000Either you are with us or you are with the terrorists.
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01:34:03.000The three of these, the hyperinflationary bailout, and CNBC is now reporting that the congressional leaders have announced The agreement in principle on the $700 billion bailout with some, you know, window dressing and stuff about no golden parachutes and some other stuff to make it look good, which is kind of big.
01:34:35.000This leads then to the fascist corporate state, but it also leads to things like the junkification of treasury bonds, the collapse of the dollar, and so forth.
01:34:43.000Then there's the free market alternative.
01:34:45.000The free market alternative says do nothing, and then you're going to get a deflationary crash.
01:34:51.000In other words, then you're going to get a situation where chain reaction bankruptcies go through the big commercial banks and the banking community, and ultimately everything grinds to a halt.
01:35:24.000And I say arrest a whole bunch of the criminals engaged in derivatives to send a shockwave through so they know the predatory activities in the markets are over.
01:35:33.000Absolutely. You want to do some high profile arrest.
01:35:38.000All the politicians now say, keep people in their homes.
01:35:43.000Great! Let's have a uniform federal law.
01:35:45.000If you foreclose on anybody, you go to Leavenworth.
01:35:48.000If you shut down a farm, a business, a taxi company, a trucking company, a ferry, a railroad, an airline, any factory that produces anything, a dry cleaner, anything, you go to federal prison if you try to shut that down over questions of debt.
01:36:03.000Because people are literally Surviving on that.
01:36:07.000And people are saying, well, you can't do that.
01:36:09.000Oh, we can bail out the criminal bankers, but we can't keep our factories open.
01:36:25.000We're going to need WIC for pregnant women to have enough protein so you don't get cognitive defects.
01:36:31.000Yes, well I think the step to step for investment then is you've got to say, look, the Federal Reserve is a failure.
01:37:00.000When the Federal Reserve was instituted back under Woodrow Wilson, the argument coming from Rockefeller and his school of thugs was, if you get the Federal Reserve, you'll never have a financial panic again.
01:37:11.000Well, it failed in the 1920s by stoking the bubble.
01:37:16.000They were doing that to try to support the British Pound for various reasons in the 1920s.
01:37:21.000The Federal Reserve is responsible in many ways for the Great Depression of the 1930s, and above all, the Federal Reserve has absolutely failed as a regulator To deal with derivatives.
01:37:32.000Greenspan, bubble of Greenspan, at the Fed in the 1990s, is the number one person responsible for using derivatives.
01:37:38.000But I'm saying, arrest Paulson, arrest Bernanke, they certainly need to be arrested.
01:37:42.000And Greenspan, don't forget him, and don't forget Wendy Graham, the wife of Phil Graham of the McCain campaign, when she was at the Commodity Futures Trading Commission in the very end of the first Bush administration.
01:39:46.000And then Sessions is also the ranking Republican on the Finance Committee, who's a fairly good guy to target.
01:39:52.000And I'm just putting a call out to anybody that's listening to this show to...
01:39:55.000The call sessions, call his office in Washington, call his local office, send him faxes, do whatever you can do to kind of keep the heat up.
01:40:01.000Let him know that, you know, we're thankful for his opposition so far, but we don't want to see him do a turnaround because, you know, it's the whole bait and switch thing.
01:40:07.000Tell them we want a bailout because, see, they don't want to do nothing and they get blamed for a depression.
01:40:12.000Tell them, no, we want bailouts for the American people.
01:40:18.000And by the way, folks that are rich, we're not going to have an economy if we don't bail the working class, blue collar, and lower middle class people out.
01:40:26.000I mean, if there isn't some basic bailout for the American people, the real economy is dead.
01:40:32.000You can pack up and leave the United States, and the depression that's going to ensue, Tarpley, do you agree this, a depression in the U.S., which we now see forming, will suck in the rest of the world?
01:40:43.000And remember, the problem you have in the U.S.
01:40:46.000now is that since industry was destroyed under Volcker, Carter, and the first trilateral commission regime, like Obama now, everything is now imported.
01:40:56.000The standard of living necessary for human life in this country now depends on international export financing, which is going to be destroyed.
01:41:03.000We've been made to be dependent by design, and a bunch of satanic, senile men are running it all.
01:41:23.000And folks, what I'm saying is, and I appreciate your call, I am for moving towards the free market.
01:41:28.000I am more the Ron Paul school, not entirely, it's kind of a hybrid between the two, because I know that there are no utopias, it's a process, but we're like a man who has Been in a life raft for two weeks, sunburned, lips parched, cracks in our skin.
01:41:47.000Living on subsistence rations who can't walk, and so that's why we have to have a bailout of the American people, because we may die on the shore if we don't have that.
01:42:02.000One good example, LIHEAP, the low-income heating assistance program of the federal government.
01:42:08.000It was supposed to be in the previous bailout, but Obama and Goolsbee said no to it.
01:42:13.000Now, any place where it gets cold, and that includes a lot of places, You're going to have people freezing to death this winter in the entire northern tier of the United States because the LIHEAP money runs out because there's not enough money in the LIHEAP fund in order to buy oil, heating oil, or kerosene, or whatever people use.
01:43:39.000In this case, it's clear that infrastructure companies would be glad to get those contracts And that would immediately begin to deal with mass immiseration, mass unemployment, and put a floor under the economy.
01:43:51.000All right, Brian in Illinois, you're on the air with Webster Tarble.
01:45:21.000And of course, Paulson wants to be named economic dictator of the United States.
01:45:24.000He wants to live in a juridical vacuum where he could presumably commit federal crimes and nobody could touch him because of the provision in this In this three-page thing that they sent, right, saying that Paulson is henceforth untouchable and above the law.
01:45:37.000Now, that obviously couldn't fly, but that makes Paulson and the private banks divine right of kings, god, emperor.
01:45:46.000Robespierre, the uncorruptible, is above everybody else, because Robespierre didn't end up too well.
01:45:53.000So the main thing now is to mobilize to oppose this, and remember, it will fail.
01:46:39.000It's based on a mass delusion, and now that mass delusion is coming to an end.
01:46:43.000And again, if they want to be serious, when we make these arguments, these are basically killer amendments that clearly represent the public interest that ought to be attached to this bill.
01:46:53.000One of the things that could be attached to that bill as a wonderful killer amendment is ban all derivatives, outlaw derivatives.
01:47:27.000I heard, though, a couple of days ago on your show, Alex, somebody mentioned about annuities that people have that are issued either by insurance companies or, I believe, banks issue them.
01:47:36.000Yes, those are not protected by the FDIC.
01:47:41.000In other words, if the insurance company or the bank that issues the annuity to this person goes under, then it's not worth the paper it's written on.
01:47:49.000No, it's not, because you have the Federal Deposit Insurance Corporation that insures Deposits up to $100,000 in commercial banks, and that's all.
01:48:01.000And then you have AIG that was insuring the annuities, understand?
01:48:05.000Look when you go into your bank, there's a sticker on the door that says FDIC insured.
01:48:10.000If you have a credit union, there's a similar federal credit union insurance entity.
01:48:15.000And its $50 billion has almost run out.
01:48:40.000Now, you're going to find people on television saying, well, insurance companies are heavily regulated, that's fine.
01:48:45.000But in a real economic panic breakdown crisis of the type we're facing now, I think annuities are in question.
01:48:54.000The other problem with annuities is the reason you get sold these things is the guy who sells you the annuity makes a tremendous commission.
01:49:01.000They sell it to old people who don't know what they're doing because the guy who sells it to you makes more money on an annuity than anything else he could Let's stop right there.
01:49:11.000Matt, Scott, Bill, John, I'm going to get to you, but Webster's got to go, and I've got to get on to some economic news.
01:49:16.000We've got Ron Paul coming up here in just a few minutes, so everybody stay with us.
01:49:19.000I want to give Webster the last minute to plug his second book on Barack Obama.
01:49:24.000I carry his first book at InfoWars.com, but you've got the last minute, Webster.
01:49:29.000One is Obama, the Postmodern Coup, the Making of a Manchurian Candidate, and that you should order straight from Alex, and I hope soon also Barack H. Obama, The Unauthorized Biography, and that is the story of Obama as a poverty pimp.
01:49:44.000Everybody wants to know, what does it mean to be a community organizer?
01:49:48.000Well, it means that you're working for a foundation like the Ford Foundation.
01:49:52.000Their task is to defend the existing social order, meaning the existing ruling class.
01:53:28.000This is Rob at EveningForecaster.com and I approve this message.
01:53:34.000hear the train coming It's rolling around a bit And I ain't seen the sunshine I don't know when I'm stuck in foes in prison And time keeps dragging over But that train We are steaming towards an interview with Ron Paul coming up in the next 10 minutes.
01:54:43.000You know, all this stuff going on, National Geographic calling up, that I don't, I mean, I haven't even had time to get my finances properly in order.
01:54:53.000You know, I'm just here at my machine gun on the front lines.
01:54:56.000The point is, I believe in gold and silver.
01:54:59.000And I believe that for people that still have paper assets, you're out of your mind.
01:55:06.000If you don't move into gold and silver and Ted Anderson the owner of Genesis Communications Network has been laying out this for years.
01:55:14.000He is able to get into gold when it is lower than it currently is to offer it to you at below spot and at near spot at just incredible deals and you know Ted give me your take on what's happening financially right now and then give folks today's offer.
01:55:30.000Well, it's just like Webster was saying.
01:55:32.000We're looking at an inflationary depression.
01:55:34.000If we finance this deal, if we don't do anything about it, we're going to go into a deflationary depression.
01:55:41.000We really need to get away from this Federal Reserve System.
01:55:45.000We need to get into honest money, because this isn't going to help.
01:55:48.000This $700 billion bailout is just the tip of the iceberg.
01:55:52.000And like Bloomberg said, it's going to be closer to $5 trillion.
01:55:55.000Right now, the nation's debt is at $9 trillion.
01:55:58.000You add $5 trillion to it, you're almost Doubling the debt, or I'm sorry, almost increasing it by 50%.
01:56:34.000The walking liberty halves I can't even get anymore.
01:56:36.000We were talking about those earlier on last week and they're sold out, gone.
01:56:41.000Now the mercury dimes are starting to dwindle away and there's going to be no supply there.
01:56:46.000See people think that just because the gold and silver market comes down a little bit that the supply is increasing in the physical markets.
01:58:41.000Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
01:58:48.000Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
01:58:58.000Bin Laden's connections to the CIA, the hijacker's ties to the FBI, the Saudi Arabian connections Either you are with us, or you are with the terrorists.
02:00:34.000It's a really good buy right at this time, and especially small gold.
02:00:38.000I mean, this is the kind of stuff that you can put into the sole of your shoe and walk away with and have as money.
02:00:43.000Back in the Weimar Republic, when that fell apart and the Nazis were coming in, and people were fleeing for their lives, they had to use things that are of real wealth.
02:00:51.000And paper Weimar Republic notes weren't doing it.
02:00:54.000You could have been a multi-millionaire, you'd have been wiped out.
02:00:57.000But if you had pieces of gold, diamonds, emeralds, jewelry, that kind of stuff was valuable.
02:01:02.000Obviously, this gold is going to be valuable.
02:01:04.000Gold was valuable when the Egyptians were living on this world, and it hasn't lost its value since.
02:01:10.000This United States currency was attached to gold through 1971 and didn't truly become fiat until after that point.
02:01:19.000You should have something that's real, something that's solid, something that you can actually use as money.
02:01:26.000If things really get bad, and we know they're going to.
02:01:28.000So there's no sense in even playing around with this thing.
02:01:32.000And another thing, Alex, the reason why you have a credit implosion, I don't think a lot of people understand that money comes into existence through...
02:01:39.000the creation of a loan that's what the federal reserve is it's a bank and it lends us the money and that's how it gets into the economy but every time you see these defaults occurring that means that that money that's been lent into the economy disappears into the same black hole that it was created from it goes away And that's why these banks collapsing.
02:01:59.000Allow these banks to collapse and the money supply dries up to nothing and there's no currency for commerce.
02:02:04.000That's why you don't have food in the grocery stores.
02:02:06.000Everything comes to a screeching halt.
02:02:09.000And we obviously need to get away from the system because the people of the United States shouldn't be forced to take on debt in order to have economic commerce.
02:02:17.000That's a crazy Crazy notion that it would even accept something like that and yet it was sold to us in 1913.
02:02:24.000Now we're sitting here, the dollars imploding, and the companies that created these derivatives and all these different things, You know, they're all falling apart, and it just doesn't make sense.
02:02:36.000It does not make sense to have your money in the bank.
02:02:38.000It doesn't make sense to have your money in annuities.
02:02:41.000It doesn't make sense to have your money in any of that paper stuff.
02:02:43.000Absolutely. We've got people calling up, freaking out, going, my annuity isn't insured.
02:03:21.0001-800-686-2237. The brokers are there until midnight.
02:03:27.000Ted, can you, because that's another great deal, these deals you've been offering have just been amazing, can you hold that deal again to midnight tonight?
02:05:28.000And remember, the stock market may crash, but you don't have to go with it.
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