Peter Schiff, President and CEO of Europe Pacific Capital joins us to talk about what's happening with the economy here in the United States and around the world. In about 20 minutes, we'll go to some of your phone calls.
00:00:30.000We're live at PrisonPlanet.tv for the next hour and 51 minutes.
00:00:36.000We've got Peter Schiff coming up joining us, President and CEO of Europe Pacific Capital, to talk about what's happening with the economy here in the United States and around the world in about 20 minutes.
00:00:48.000I also want to go to some of your phone calls right now.
00:00:51.000For those of you that have been holding patiently, it is December 22nd,
00:00:59.000and eight and we are a little more than two hours into the regularly scheduled radio show and then uh... every day of the last hour with some days even more uh... we go out live at prison planet dot tv we're also developing this studio another studio uh... to uh... put a once a week tv program on national cable slash dish network direct tv we've now moved into our new offices and set up one of the studios that's phase one
00:01:28.000Now Phase 2 is getting it on television, but it's all live right now at PrisonPlanet.TV.
00:01:36.000Now, before I go to Eric, Tracy, Don, Paul, and others that are patiently holding, I did briefly want to tell you about a couple of sponsors that make this broadcast possible.
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00:02:39.000I hope you'll check out eFoodsDirect.com, the best horrible foods company out there, the best prices bar none.
00:02:48.000Another one of the sponsors that makes this transmission possible is Acola Blue.
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00:03:00.000You know, they're trying to put meters on wells, they're trying to ban people having wells on their own property, they're trying to tax them, restrict them.
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00:04:19.000You know, how are you doing with the horrible global warming up there?
00:04:23.000Is it tropical in Connecticut right now, or are you experiencing the coldest temperatures in more than 20 years?
00:04:30.000I was looking forward to being able to open my pool up in January but I can't do that because it's like 20 degrees outside.
00:04:36.000Well listen, don't worry about all the GMO food killing everybody and don't worry about the bad drug interactions killing 300,000 a year and don't worry about all the toxic waste and all the real environmental problems.
00:04:47.000You can just pay a bunch of taxes to private bankers, carbon indulgences, and then everything will be okay.
00:04:54.000You know Alex, that sounds great and I think if I can pay them the more I'll be able to sleep a little better at night because they work so hard trying to get us under their thumb.
00:05:06.000Well, even if you believe that man-made carbon dioxide and methane from cows' flatulence is destroying the ozone layer...
00:05:14.000I was going to say, Alex, if you read their studies, I mean, people don't believe it when I tell them at work.
00:05:18.000Why moving it to China and India, where they have no restrictions, and actually increasing the level of carbon dioxide, how is that actually going to cool the earth down?
00:05:27.000I mean, even if we believe their official story, how is it?
00:05:31.000I was going to say, Alex, if you read their studies, I mean, people don't believe it when I tell them at work.
00:05:37.000I say, all you need to do is go and research and read what these elites are saying they're going to do.
00:05:42.000I mean, basically they come right out, but they're counting on the average American citizen to basically just sit down and watch TV and not even pay attention.
00:05:50.000Well, that's because they knew people were lazy.
00:05:52.000They told them in the fifties, you don't have to worry about government anymore.
00:05:55.000You don't have to be involved anymore.
00:06:22.000I mean, basically, if you think that there's any corruption in our government, you're with Al Qaeda!
00:06:28.000I mean, imagine what the government's done!
00:06:30.000Oh, and denial is their greatest ally.
00:06:33.000And that's what people need to realize, that denial is their best friend, because it prevents people from researching, it prevents people from taking action, it prevents people from waking up, and they can, the elites can just sit back and rub their hands together, and you even see it on TV.
00:06:49.000I remember back in the 90s and earlier, you had shows that would portray the government as questionable, corrupt, dubious, evil.
00:06:57.000Now you look at a lot of these programs, I saw a preview for this program where I see nothing but these These heroes, quote-unquote, running around in their little ninja outfits, busting door downs.
00:07:06.000It's a program called Homeland Security.
00:07:09.000You could have knocked me over with a feather when I saw that one.
00:07:25.000They're talking about these concerts they go to where everybody has a tear in his eye because they're singing about The war on terror and everything else with all these country stars, well, don't they realize that greed has replaced common sense in this country?
00:07:40.000Well, no, I hear you and I appreciate your call.
00:07:42.000What's happened is, people have bought into the delusion.
00:07:45.000They've bought into the Republican, the Democratic illusion.
00:07:48.000They've bought into that we're the good guys, and we're going to kill some Arabs, and it's good, and we're going to take our liberties so Al Qaeda doesn't get them.
00:07:58.000And they have no idea they've been completely set up.
00:08:02.000Oh yeah, Hannity has these Pentagon worshipping events.
00:08:07.000And then meanwhile the Pentagon is a foreign alien group destroying America.
00:08:11.000It's like the main seat of the cancer for the Federal Reserve.
00:08:15.000It's taking over the United States, overthrowing our nation like some third world country.
00:08:20.000And then meanwhile there's country stars, everybody crying, playing, you know, proud to be an American.
00:08:57.000Alex, the last time I spoke with you was about seven years ago.
00:09:01.000I've been listening to you since you were on shortwave.
00:09:06.000And one thing that has always remained the same with you, listening to you, talking about this, is you bring us wonderful information, information we couldn't get anywhere else unless we spent all our time doing it, which we can't.
00:09:23.000But you've never told us Where we can go, who we can talk to, what we can do to bring this to a halt.
00:09:36.000Because everything you suggested so far doesn't work.
00:10:19.000Well, look, as things get worse, more people are going to wake up and listen to what we have to say.
00:10:29.000And it's during the greatest crisis that it's the time for talking.
00:10:33.000I mean, that's why the establishment pays tens of billions of dollars a year alone, domestically, for fake newscasts, disinformation, fake bloggers.
00:10:43.000So 90% of a war, according to the Pentagon, is info war.
00:10:47.000They use deception and lies and deceit and fake patriotism.
00:10:50.000We use the truth and true patriotism to counter them.
00:10:53.000By number one, pointing out they're not American, they're anti-American, they work for offshore banks, who've stolen 8.5 trillion.
00:11:00.000People say that now is not the time for talking.
00:11:02.000Well, that's because you've been awake for decades, probably.
00:11:06.000And unfortunately, so many people that know what's going on have decided to just pull their antenna in and not wake people up, not be involved anymore.
00:11:19.000And so I see the establishment staging terror attacks all the time to try to say that we're violent so they have a pretext to crack down on the public.
00:11:27.000So I don't think violence is the answer.
00:11:29.000The people I hear on the radio talking about violence, they never seem to get in trouble for calling for that.
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00:13:17.000investigators believe that there are Israelis again very much engaged in spying in and on the U.S.
00:13:24.000I'm aware that some Israeli citizens have been detained.
00:13:27.000Bin 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.
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00:13:46.000Either you are with us or you are with the terrorists.
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00:16:24.000You know, they catch these white supremacists all the time, run by feds.
00:16:29.000So what I said was, and this is what's not fair with the audience, is people don't take what I say, they take what they want to hear me say.
00:16:39.000What I said is, to communicate with me, you had to call in and say, I think the time for talking is over.
00:16:46.000And don't worry, the time for talking may come soon enough, and then it'll be time for people that have done all this talking about how they're not going to talk, to actually get in a shooting war.
00:16:57.000I'm not going to a FEMA camp, I'm not turning my firearms in, I'm not going along with the New World Order.
00:17:07.000But, I mean, I'm a radio host, and it's not my job to charge off like George Washington and get into a shooting war with the Feds.
00:17:16.000And I'm not saying you're doing this, I'm saying I'm criticized a lot by people for being all talk.
00:17:22.000Well, our talk has defeated hundreds and hundreds of bad pieces of legislation.
00:17:26.000Our talk has exposed a lot of bad things.
00:17:30.000Talk, a few weeks ago, shot down, at least for now, a constitutional convention.
00:20:43.000I mean, certainly understand my position and my job is to hope we wake up the police and military so they don't come to our houses to take us to FEMA camps, is to wake up people that go to their churches so that they find out their preachers are secretly paid by FEMA and are spies so they can expose that in their church and hand out flyers in the parking is to wake up people that go to their churches so that they find out their preachers are secretly paid by FEMA and are spies so they can Look, the solution is in the mirror.
00:21:09.000And all I'm saying is, yes, they're arrogant.
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00:25:21.000All right, for the next 30 minutes, we're joined by Peter Schiff, President and Chief Global Strategist for Euro-Pacific Capitals.
00:25:29.000We'll link up to that up on InfoWars.com and PrisonPlanet.com.
00:25:36.000Especially lately, he's been on TV, national and international TV quite a bit over the years, but he really doesn't need any introduction these days.
00:25:42.000He's on television and Mainline Radio constantly because so many of his predictions have come true.
00:25:48.000He's also one of the chief advisors to Congressman Ron Paul when he was running for president.
00:25:52.000Ron Paul gets a lot of his financial advice from Peter Schiff.
00:25:56.000So I wanted to get Peter Schiff here on the show before we run out, before the year is over.
00:26:01.000Mr. Schiff, thanks for coming on with us.
00:26:04.000In the limited time we've got in this 30 minutes, let's get right into it.
00:26:09.000I mean, what we've seen with the banker takeover bill, they're given almost omnipotent power, and then the San Francisco Chronicle reports two weeks ago $8.5 trillion is missing.
00:26:20.000Bloomberg is told that the Federal Reserve won't tell them where several trillion, two trillion of that has gone, and now we have the AFP reporting The head of the private Spanish central bank saying world economic meltdown, total meltdown, worse than the Great Depression.
00:26:42.000We have the Prime Minister of Canada saying similar things.
00:26:47.000What's really happening here and are these guys trying to cause a world depression?
00:26:54.000Well, I don't think they're trying to.
00:26:56.000I think it's going to happen, although not necessarily worldwide.
00:26:59.000I certainly think there's going to be an inflationary depression in the United States.
00:27:03.000Hopefully the rest of the world will have the good sense not to follow us down that path, because it certainly, you know, it doesn't have to be.
00:27:11.000But, you know, I think it's interesting, too, you're talking about all the wars being ceded to the government, to the Federal Reserve, as if they didn't do enough damage with the powers that they already had.
00:27:22.000The problem that we're facing right now is a result of government.
00:27:25.000Government interference in the free market, government manipulation of interest rates, government attempts to artificially stimulate the economy by using monetary and fiscal policy, by interfering, by guaranteeing certain debts to encourage risk-taking in certain areas.
00:27:43.000We have been micromanaging the economy into this gigantic bubble that has now burst.
00:27:48.000And now what we're supposedly learned from all this is that we need even more government.
00:27:52.000That we need government doing even more than it did before.
00:27:55.000More decisions need to be turned over to government.
00:28:04.000And this is going to lead to a complete disaster, much greater than anything we're trying to deal with now.
00:28:10.000So a completely controlled economy, and the mainstream media has really been involved in a huge hoax.
00:28:15.000I'd like you to speak to that, Mr. Schiff.
00:28:17.000Saying that the free market did this, when really this was crony capitalism.
00:28:21.000This was groups of regulators and revolving doors between government and select brokerage firms and banks.
00:28:30.000I mean, take the Madoff situation, where the SEC was told about what he was doing, but didn't enforce the rules they had.
00:28:37.000Yeah, look, this is certainly not a creature of capitalism.
00:28:41.000We would not be in this mess were we more of a capitalistic economy.
00:28:45.000It's only because a government was allowed to permeate into so much of our economy, particularly the Federal Reserve being the cheap culprit there.
00:28:54.000The bubbles wouldn't have been inflated, and so there would be no deflation of a bubble had it never been inflated in the first place.
00:29:01.000And remember, what's happening right now, at least what the public perceives as being a problem, which is falling home prices, people losing their jobs, credit no longer flowing, none of this is the problem.
00:29:14.000This is all the consequence of the problem.
00:29:16.000The problem is all the reckless borrowing and spending in the years that preceded the collapse.
00:29:22.000That all took place because of the Federal Reserve, because of the monetary policies it pursued that led to all this irresponsible borrowing, both on Wall Street to finance speculation, and on Main Street to speculate, to finance consumption and speculation.
00:29:37.000And all these bad decisions are coming back to bite us.
00:29:49.000Specifically though, we see hyperinflation in certain areas continuing and we see trillions of dollars being issued out into the world economy just by the Federal Reserve and the Treasury here alone.
00:30:04.000And so there's talk of hyperinflation rearing its head in the next couple years.
00:30:09.000So don't we really just have A depression within the real Main Street economy, but then when it goes into the Wall Street economy, that it's actually generating a competing force of inflation, and how do you see those two things playing out?
00:30:27.000Well, I mean, all these problems are a consequence of inflation.
00:30:30.000The government has been too easy and has created too much money.
00:30:33.000For a while, the inflation, the cheap money went into stocks and it went into real estate, And distorted the economy and distorted our decision-making process, our consumption and savings decisions.
00:30:45.000And the economy is way out of balance.
00:30:48.000But right now, as the market is trying to correct the imbalances brought about by all the inflation government created, they're creating even more inflation.
00:30:56.000And people don't understand how dangerous this inflation is going to be.
00:31:01.000It is going to show up in consumer prices almost exclusively and in commodity prices.
00:31:06.000Right now, The effect of all that inflation on prices is being hidden based on some of the shorter-term effects, downward pressures being put on prices that are the result of de-leveraging and bankruptcies and things like that.
00:31:25.000The factors that are pushing prices down are temporary and they will go away soon, whereas the factors that are going to be sending prices through the roof are simply gaining momentum as we speak.
00:31:39.000It's unfortunate, because the worse it gets, the more the government is going to interfere to try to save us.
00:31:46.000And so the more the government interferes, the more they try to stimulate the economy, the more they try to revive it, the more they're going to stifle it.
00:31:55.000Basically, there's a fire, and the only way the government knows to put it out is with gasoline.
00:32:01.000And the bigger the fire grows, the more gasoline they throw on it.
00:32:05.000And they don't make the connection between the bigger fire and the gasoline, because the only thing they know about a fire is throw gas on it.
00:32:13.000And so it's going to be a raging wildfire that's going to consume everything, because the government is going to keep feeding it.
00:32:21.000Well, don't the government bureaucrats also like the power they get by selectively handing out trillions of dollars?
00:32:31.000It's kind of a self-perpetuating loop.
00:32:34.000Where the government likes the idea that they need more power, and the worse the economy gets, the more they can justify the power grab, and the more likely citizens are to give up their rights and to give more power to government because they're convinced that the government's going to use that power benevolently.
00:32:53.000But, of course, we all know that power corrupts.
00:32:55.000And when you give the government absolute power, it will corrupt absolutely.
00:32:58.000And that is basically what we're doing.
00:33:00.000Peter Schiff, I mean, you've been very successful in investments, investing in over a billion dollars, getting great returns for folks.
00:33:07.000Your predictions are what have been even more stunningly accurate out there.
00:33:12.000Where do you see the United States in six months, a year, two years?
00:33:15.000Give us a forecast of, you know, not where you'd like us to go or where different decisions of you or Ron Paul were running the Treasury, but where you think they're taking us.
00:33:26.000Well, they're taking us in the wrong direction.
00:33:28.000I mean, you know, what we need in this country is we need to address the root causes of these imbalances, our lack of savings Why is it that we're not saving enough money?
00:33:49.000We need to make more stuff, not consume more stuff.
00:33:52.000And in order to do that, we need more capital.
00:33:55.000And again, we need more savings to get more capital, but we also need capital to be efficient, which means we need less regulations.
00:34:02.000We need fewer regulations, not more regulations.
00:34:04.000We need a smaller government because we're going to get more capital if we have lower taxes, but we can't get lower taxes unless we get a smaller government.
00:34:13.000But right now, everything we're doing, we're getting more regulation, bigger government, more expensive government, more onerous regulation.
00:34:20.000We're trying to force-feed more credit into the American economy.
00:34:24.000We're keeping interest rates much too low.
00:34:26.000We're encouraging all of the wrong behavior and we're punishing all the right behavior.
00:34:31.000We're bailing out companies that should be failing, that should be going bankrupt.
00:34:35.000And we're taxing or taking money away from the companies that are successful and that we need to expand.
00:34:41.000And we can't have a successful economy where you take all the free market forces and cage them and instead uh... out resources are allocated companies fail and succeed based on the whims of politicians and you know it's not a function of you know how how who you are how good you can do something but who you know and when what from the political connections you have and and that's not how to run the economy well let's take uh...
00:35:07.000the case of bernard made off I mean, we've got this guy where they're saying $50 to $100 billion.
00:35:18.000Big brokerage firms involved investing with him.
00:35:20.000And he's now claiming that he alone ran this whole scam, generated the spreadsheets, what was mailed out to investors, that no one, including his sons, didn't know.
00:35:30.000Sounds like he's taken the fall for a bunch of other people.
00:35:36.000He probably figures, you know, how bad is a life sentence for him?
00:35:39.000He's probably... I'm sure that other people knew.
00:35:42.000I just can't believe that he could have orchestrated the whole thing and not a single other person in his organization knew that these trades weren't being made, that the returns were phony.
00:35:52.000But, you know, the bigger issue here, and I think there's two issues, number one is, theoretically, all of this happened under the watchful eye of the SEC and, to a lesser extent, FINRA.
00:36:03.000The companies that regulate broker-dealers and investment managers.
00:36:08.000And if they couldn't catch that, I mean, that's kind of ridiculous that they couldn't catch it.
00:36:13.000But I think that a lot of people, one of the reasons that so many people just kind of accepted that it was true was because they assumed that the government was regulating it all, and assumed that government regulators were on the job protecting the fraud.
00:36:27.000And I think, in general, Government regulation does more harm than good, for no other reason than it breeds complacency.
00:36:35.000I think the public would have been a lot more skeptical of a MADOC had there been no SEC, had there been no FINRA, had people realized that there are dishonest people, they might have done a better job, the free market might have done a much better job of policing this than the government did.
00:36:55.000But also, I think the bigger lesson here Is that Ponzi schemes don't work.
00:37:01.000And they don't work when a private citizen tries it, but they also don't work when the government does it.
00:37:06.000Which means Social Security is going to meet the same fate as Madoff.
00:37:12.000But instead, the Ponzi scheme has gotten so big with thousands of quadrillions or whatever globally, that when does that Ponzi scheme come due?
00:39:43.000Very bad is shortages of basic goods, food and energy products that we now take for granted.
00:39:51.000Becoming prohibitively expensive and hard to come by, because of government price controls, because of distribution problems.
00:40:00.000What we're looking at is sky-high interest rates for everybody but the government.
00:40:05.000The only people that are going to be able to borrow is going to be the government, and all they're going to be able to do is give us money that doesn't buy anything.
00:40:10.000I mean, we're talking about a situation where instead of worrying about Mexicans coming across the border, we're going to be worrying about Americans going in the other direction.
00:40:21.000Well, that's already happening with a lot of wealthy people that see the writing on the wall.
00:40:24.000Yeah, but wait until it's not just wealthy people.
00:40:26.000Wait until it's young people who are looking for opportunities and know they don't find any here, because the government has stifled them all.
00:40:33.000And when people have immigrated, you know, second-generation Americans start going back to their home country, you know, where their parents came from, because there's more opportunities outside the United States than within.
00:40:45.000Because the bureaucrats, like a horde of locusts, came to the United States and basically ate it down to the bone.
00:40:53.000I want to come back and talk about solutions, a way to avert this, if it can be averted, or ways to individually protect ourselves in a final short segment with Peter Schiff.
00:41:03.000We'll tell you about his website and more of the information he has, also his radio show that he does.
00:41:07.000But speaking of government solutions, you know they've announced 20,000 battle-hardened troops for Homeland Security for North America under NORTHCOM.
00:41:17.000The Army War College now says they are preparing to engage militarily the American people, that the people try to remove the government in Washington in the spirit of 1776, that the military will engage us.
00:41:50.000But I mean, I wouldn't be surprised if, I mean, ultimately, as I said, I've been forecasting There would be civil unrest and rioting in response to government-created shortages and lack of opportunity.
00:42:02.000A lot of people are going to be losing their jobs in the next several years, and because of government policy, they're not going to find new jobs.
00:42:07.000And I think unemployed people who are hungry I get very frustrated, and I thought maybe the government knows that this is going to happen.
00:42:13.000They're trying to get the troops on the streets in advance.
00:42:17.000But I mean, they've been quietly setting this up for decades, but now they announced NORTHCOM, Homeland Security is for the American people.
00:42:25.000That's quite a totalitarian shift, isn't it?
00:42:27.000Yeah, but it's a shift in the wrong direction, and we're headed there fast.
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00:44:24.000I'm aware that some Israeli citizens have been detained.
00:44:28.000In 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.
00:46:10.000Ron Paul says everybody needs to read it.
00:46:13.000Anyone wishing to know why the economy is in trouble should read this book.
00:46:18.000So you can check those out simply by googling Peter Schiff, or go to his website we have up on screen right now at PrisonPlanet.tv.
00:46:28.000Don't forget my websites are InfoWars.com and PrisonPlanet.com.
00:46:36.000Okay, in the four minutes we have left with you, if we could fix government, what would be the good moves there to fix this?
00:46:42.000But obviously that's not going to happen.
00:46:45.000Secondarily, what can we do individually from your educated opinion, sir?
00:46:50.000Well, individually is about the only thing we can do.
00:46:52.000I mean, we could try to influence the politicians, but it doesn't look like that's going to work.
00:46:56.000I mean, they've got us on this course.
00:46:58.000They're going to drive this bus right over the edge of a cliff.
00:47:02.000And, you know, we can try to scream and get them to change course, but the bottom line is we're probably going to go over that cliff.
00:47:07.000So the best thing that we can do is try to get off the bus ourselves.
00:47:12.000And that's what I'm helping people do with their investments, with trying to understand that it's the dollar that's going to be the big casualty here, the value of our money.
00:47:20.000And that if people want to protect their wealth, if they don't want to be stuck footing the bill for all the bailouts and all the stimulus packages, they need to get their money out of U.S.
00:47:39.000I mean, be it foreign currencies, be it foreign government bonds, corporate bonds, foreign stocks around the world, owning assets that earn their revenues and pay their dividends.
00:47:49.000And certainly owning precious metals, owning gold, owning silver, having some physical gold in your possession, having more gold outside the United States where it might be even safer, investing in mining companies.
00:48:03.000People have to understand and plan for what's going to happen.
00:48:07.000As bad as it's going to be, we can at least plan for it.
00:48:10.000We can at least try to minimize the impact on our own lives and our own finances, although in many respects You know, the way it's going to play out in our personal lives may way overshadow any success we might have.
00:48:25.000I was about to say, I mean, crime is already exploding.
00:48:28.000How bad do you think it's going to get?
00:48:30.000Look, I certainly think it's going to get worse as economic conditions worsen.
00:48:34.000And I don't think we're a civilized society.
00:48:36.000I mean, maybe I'm wrong here, but I don't think we're as civil as our grandparents were during the 1930s.
00:48:41.000I don't think that the type of hardship that we're going to have It's going to be greeted the way it was.
00:48:47.000I think we have an entire generation of dependency in this country of people who think they're entitled to something.
00:48:51.000Well, sir, I think it's worse than that.
00:48:52.000And I think a lot of people are going to react very differently than the way our grandparents did.
00:49:00.000If 90% of our forebears were agrarian, and now we're 90% urban, even if they were nice people socially, how are they going to feed themselves?
00:49:10.000I mean, as I said, it's going to be difficult.
00:49:39.000Well, I mean, take global warming in closing.
00:49:41.000Even if you believe that our breath, our breathing, and our cars and cow flatulence is killing the earth, moving everything to China and India, where they have no standards, is going to boost the level of those gases.
00:50:56.000These are just a few of the hundreds of powerful documentary films and books available at truthnews.us and prisonplanet.com.
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00:51:52.000We have April Gallup's lawyer, Bill Veal, on the line with us. - on the line with us. - Our listeners, five, six months ago, raised money with April Gallup here on the show to be able to file suit against George Bush and Dick Cheney for the 9-11 attacks.
00:52:22.000In this lawsuit, they're going to get discovery, unless they declare national security, which should be very, very interesting.
00:52:27.000That should be revealing in and of itself.
00:52:31.000The ex-GI plaintiff alleges she has been denied government support since then because she raised painful questions about the inexplicable failure of military defense at the Pentagon that day.
00:52:42.000The suit charges that Cheney, Rumsfeld, and Myers conducted a conspiracy to facilitate the attacks and alleges that other unnamed individuals had foreknowledge.
00:52:49.000She was there smelling the explosives.
00:52:51.000She was right in the zone when the supposed aircraft hit.
00:52:54.000You know, cutting cleanly through the walls, no airplane wreckage found.
00:52:58.000And then they showed up at the hospital telling her what she did see and basically threatening her.
00:53:03.000That's when she started asking questions.
00:53:04.000She brought her baby to work that day, which she'd been authorized to do.
00:53:08.000They were then claiming that, you know, she shouldn't have done that, as if she could go into the building without them knowing she had her baby.
00:53:14.000Just an amazing story with April Gallup.
00:53:18.000And so I wanted to get her lawyer on to first recap what happened to her, and then why he's chosen to take this case, and where the case is going.
00:53:28.000This is a landmark, obviously, landmark case in its importance, and if it goes anywhere, extremely important, historical.
00:53:40.000Short segment now, just recap what happened to April, why she's suing, and then let's get into the details of the suit itself.
00:53:47.000Well, you know, she was, it was her first day back from maternity leave, and she showed up at the Pentagon, and she was going to take her kid to daycare, and they said, no, we want you to go in there and finish up some job that had to be done.
00:54:04.000At the computer and they say you can take a kid to daycare if you get finished at.
00:54:08.000So she went in and basically sat down and turned the computer on and you know the place just blew up.
00:54:18.000There were enormous explosions and she was knocked unconscious and you know came to after some period of time and she really doesn't know how long that was and managed to gather Herself and her child, a two-month-old, up and she and other people who were in a similar position managed to struggle out through the dust and the smoke and what fire there was.
00:54:47.000There wouldn't have been much fire at that point.
00:54:49.000And, you know, stepping over all kinds of debris and probably people.
00:54:58.000All that jet fuel and hardly any fire?
00:55:01.000Yeah, well, I mean there were fires coming out of the computers that she remembers, but her primary focus and her memory of getting out of there was just through smoke and dust.
00:55:16.000And then she saw light and people were kind of helping her and she struggled out onto the On the lawn there, she stepped over the last barrier of the wall and basically collapsed out on the lawn there.
00:55:32.000And next thing she knew, she was in the hospital.
00:55:35.000I mean, it's just a horrendous moment of anybody's life.
00:55:40.000But she is an inspiring character in so many ways.
00:55:46.000And, you know, you just can't let her be courageous by herself.
00:56:22.000And when we come back, specifically why you decided to take the case, What her standing is and what it's alleging, where this is going.
00:56:31.000I mean, imagine folks, we have a plaintiff who clearly has the standing because she was a victim of the attack and they're going forward with a suit.
00:56:41.000We'll tell you exactly why when we get back with our guest.
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00:58:18.000investigators believe that there are Israelis again very much engaged in spying in and on the U.S.
00:58:24.000I'm aware that some Israeli citizens have been detained.
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01:00:53.000And I didn't have any particular suspicions about 9-11.
01:00:57.000And, you know, a colleague of mine threw a book at me one day and I started reading.
01:01:04.000And, you know, I was inspired by, you know, at the time I was inspired by the enormity of the atrocity that had taken place, no matter who did it.
01:01:14.000But after you do the reading and you do the research and you learn about what went on, Then you become inspired by the stunning, breathtaking, colossal sense of the nature of the crime itself and the overwhelming arrogance of the people who were engaged in it, the most powerful people in the world.
01:01:41.000And they thought that they could get away, basically, with what they did.
01:01:46.000Well, they think they can get away with stealing $8.5 trillion with the banker takeover.
01:01:54.000Who would think they would write up memos saying, we can torture children in front of their parents, and then being questioned about it and saying, yes, the president has that power.
01:02:06.000So, I'm inspired by the enormity of their crime, I'm inspired by their arrogance, and I'm inspired by the courage of April Galt.
01:02:14.000And so, I decided that if nobody else was going to do it, I mean, you know, in a perfect world, for God's sake, there would have been some U.S.
01:02:22.000attorney someplace who would have said, gee whiz, this smells a little funny to me, I think maybe we ought to look into it.
01:02:29.000And they would have sent out some investigators.
01:02:32.000You know, you don't have to look that hard to find something to latch on to that leads you to another place, that leads you to another place.
01:02:38.000And then, you know, if you keep your eyes open and your ears open, you learn what's going on here.
01:02:48.000And so, you know, you would have thought there would have been somebody along those lines, some law enforcement person in this country, a lawyer who would have taken on the job.
01:02:59.000Uh, that didn't happen, so it's left to the private citizens.
01:03:06.000There I am, and I've got a friend who is a veteran civil rights lawyer, Dennis Cunningham.
01:03:12.000The two of us decided that this was something that had to be done.
01:03:15.000Okay, so Dennis Cunningham has signed his name onto this declaration against tyranny as well.
01:03:22.000You know, reading from the suit itself, by helping the attack succeed, defendants and their cohorts created a basis for the seizure of extraordinary power, a pretext for launching the so-called global war on terror, in the guise of which they were free to pursue plans for military conquest, full-spectrum dominance in the guise of which they were free to pursue plans for military conquest, full-spectrum dominance As they have done, reads the lawsuit.
01:03:45.000And so you go into motive, everything.
01:03:48.000Walk us through the basics of the suit and what her standing is and where you think this will go, what courts it's going to be heard in.
01:03:56.000Yeah, well, you know, You know, April was, she was hurt.
01:04:17.000The Congress of the United States decided very shortly after 9-11, with very little thought, as far as I can see, that everything Every claim that there would be made, that would be made throughout the country, that had anything to do with 9-11, the jurisdiction for that claim would be in the Southern District of New York, in the Federal Court.
01:04:43.000And we believe that it's going to be a hard fight here, because these guys have got power that's pretty hard to really conceive of.
01:04:55.000So, we make the claim that there was a conspiracy.
01:05:01.000It included the highest people in the government, Cheney, Rumsfeld, Myers, and lots of other people, too, that we did not name.
01:05:10.000We named them as John Does, as you do in federal court.
01:05:14.000And we believe that they got together and decided that this was a moment that was required by American history, that a sleeping nation basically needed to be awakened from its Torper made to understand the dangers of the 21st century and how we needed to project our power around the world so that we could run things as were required by those who we know best, those who have the power in this country.
01:05:42.000So they left enough evidence behind that we could see what they had done.
01:05:49.000We don't know the precise uh... mechanisms in many instances uh... but we don't have to and so uh... that's right we know the official story has been a a disproven fairy tale hoax of fraud a sham a giant uh... cockamamie uh... fraud and uh... this has to be done and now specifically did you guys file the suit right as uh...
01:06:16.000Bush is leaving office, hoping that during the transition, someone in the establishment might not be able to block or slow the suit down as fast as they might have been able to.
01:06:26.000No, it's taken us this long to get it together to the point where we thought we were comfortable to go ahead with it.
01:06:36.000It's an enormous amount of work, and we had a lot of research to do.
01:06:41.000There's an enormous amount of material that's been written.
01:06:44.000And we had to get on top of it as much as we could in order to have the lawsuit make sense, and then make claims that we thought we could back up, and that's what we've done.
01:06:54.000And so, you know, we filed it when we got it ready, and as soon as we could do it.
01:07:02.000And there was no particular hope that... I don't think things are going to change that much, you know, with the new administration.
01:07:12.000I mean, you know, people with different attitudes will be in positions where they could affect things, but those people have been in a position to...
01:07:21.000To speak out so long before this, and nothing's been said, so I don't... No, no, I agree.
01:07:27.000I mean, if there was any questions about Obama, all of his appointments should leave, and his announcements should leave.
01:07:37.000Well, I would disagree with you there.
01:07:39.000I've got great hope, as a matter of fact, for him in many respects, but I think that this is simply an issue that is too big for anybody with that kind of access to speak on at this point.
01:07:51.000Maybe at some point or another, you know...
01:07:54.000It'll be put in a position where they will have to say something.
01:08:00.000Look, you've got... I mean, seriously, you've got over... I mean, you can figure out 9-11, you can figure this out.
01:08:06.000You've got Bush setting up the military to police the American people, and then Obama is cheerleading it, ready to get all this new power, and he's keeping Gates in.
01:09:07.000Well, you know, the important thing about this Well, I don't know, it's not the most important thing, but one of the reasons why we're in a position where we are is the cover-up basically was conceived before the crime was conceived.
01:09:27.000Everything had to be done with the thought that, okay, there is going to be at some point or another somebody looking in this direction, so we need to misdirect you at that point.
01:09:37.000And then they make you look over here, and they misdirect you at that point.
01:09:41.000The cover-up is the evidence of the crime.
01:09:43.000I mean, I would say, you know, admission A, or the piece of evidence being brought in A, is that two months before, they changed the shoot-down powers from the generals and admirals, or their designates, to only Dick Cheney or Secretary of Defense Rumsfeld.
01:10:00.000I mean, that was the first time since 57 they'd done that, or then... I'm sorry, go ahead.
01:10:08.000Yeah, no, well, you know, if you look at some of the stuff that's come out, you know, and the investigations have been done by, you know, normal people, people who are not in the business of doing these kinds of investigations, have produced enormous effects.
01:10:28.000The pilots who managed to get the NTFB flight simulation data, the black box data, and it conflicts on a very basic level with that produced by the 9-11 Commission.
01:10:44.000So we have these two entities of the United States government disagreeing with each other about where the airplane went.
01:10:52.000And the evidence that they gave us from the NTSB to the pilots, through the pilots for 9-11 Truth, shows that the airplane that was flying there was too high to hit the building.
01:11:50.000A lot of courage to be doing what he's doing.
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01:17:11.000Army Officer Suze Chaney Rumsfeld for 9-11 complicity, but at the end of the article we post your suit, and everybody should go read this because it reads as a who's who of the evidence of an inside job.
01:17:23.000And they're going to have a hard time rejecting this, but if they do, where do you go from there?
01:17:36.000No, I mean, we expect, frankly, to be in the appellate courts.
01:17:40.000Um, uh, I mean, I'm sorry to have a kind of a negative view, but, you know, the history is that these people of power are able to manipulate things in such a way that, you know, they get to run out the spring for as long as anybody can imagine in the appellate courts.
01:18:01.000And so I expect that they will find some argument that they can make.
01:18:06.000That the judge will say, okay, well, I think that's right.
01:18:10.000And then we will have to appeal that judgment.
01:18:16.000We'll take it wherever we have to take it.
01:18:19.000And each time a judge rules against us, it'll be an opportunity for the media in this country to see whether or not there's duplicity going on here, whether people are being honest about themselves.
01:18:31.000And if the judge rules in a dishonest way, then that's a time for everybody to watch the unmasking that's going on.
01:18:40.000I think that our facts are unassailable, and we've got the law.
01:18:45.000I think that the judge is going to have a very hard time saying, oh no, this isn't a lawsuit.
01:18:51.000I think they're going to have a very hard time doing that, but if they do, we'll pursue them.
01:18:57.000in your suit that I may have missed, it may be in there but I didn't see it, is a predisposition or a history.
01:19:04.000They admit the USS Liberty was staged now, they admit the Gulf of Tonkin was staged, they admit Operation Ajax with Iran was staged.
01:19:11.000Over 200 declassified, admitted examples of the U.S.
01:19:15.000government staging terror attacks against its own installations or against friends who they then want to basically sic on their enemies.
01:19:25.000So with this long history of false flag terror, don't you think that's an important piece of evidence that, hey, the people who were charging with this have done this over and over again?
01:19:36.000It's not the kind of thing that we needed to put in the complaint, because the history by itself is not going to be enough to get you over.
01:19:46.000But when the time comes for the trial, Boy, the history's going to be really important there, because what we have, one of the large problems we have in this situation is, you know, there's been this fortress of denial erected by each of us, each human being.
01:20:21.000And one of the things that seems to me that's helpful trying to besiege that fortress is by alerting people to the fact of the false flag operation and its history and our history with it.
01:20:38.000Not callous, but they are many examples.
01:20:41.000Important examples of beginning wars with the false flag.
01:20:45.000And the idea that the United States is somehow, you know, is above that or something or different from other nations and wouldn't use that sort of strategy is just preposterous.
01:20:58.000And so the people of the United States need to think, okay, well, wait a minute.
01:22:10.000I was shocked when I discovered I could be inhaling these additives that can lead to coughing, wheezing, and shortness of breath, headaches, nausea, irritation of the skin, and mucous membranes.
01:23:18.000investigators believe that there are Israelis again very much engaged in spying in and on the U.S.
01:23:24.000I'm aware that some Israeli citizens have been detained.
01:23:28.000...Laden's connections to the CIA, the hijacker's ties to the FBI, the Saudi Arabian connection, the Israeli intelligence network, warnings and war games, the shadow government, and much, much more.
01:24:53.000Don't forget, ladies and gentlemen, if you're looking for that last-minute Christmas gift this holiday season, why not give the gift of information warfare if you're looking for that last-minute Christmas gift this holiday season, why We're live several hours a day now.
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01:25:43.000And if you want hard copies of any of my films, super high quality DVD, end game, Terror Storm, Truth Rising, Fabled Enemies, Loose Change, Final Cut, Loose Change Second Cut.
01:26:18.000PrisonPlanet.tv, you can burn copies of all the films and books and material to disk and hand them out to people.
01:26:23.000And folks are very receptive right now.
01:26:25.000That's how Bill Vieth woke up, was someone giving him a book about 9-11 being an inside job.
01:26:29.000I was aware of the history, that's why I was warning about the attacks in the World Trade Center.
01:26:33.000Because I know the Feds had bombed it unsuccessfully in 1993.
01:26:37.000That's why I was on air saying, call the White House, tell Bush don't blow up the World Trade Center.
01:26:41.000Two months before it happened, well really years before it happened, I was saying they were going to stage large terror attacks, but we could see the preparation for what was happening there.
01:26:49.000Bill, before we finish up with you, and hopefully you and April back on in the near future as this unfolds.
01:26:57.000Box for anybody that wants to financially support with the suit against George Bush and Dick Cheney for carrying out or aiding in the crimes of 9-11.
01:27:05.000Well, I can be contacted at the Center for 9-11 Justice at gmail.com and I'd be glad to contact, discuss it or talk to anybody about how they can support us.
01:27:19.000But if anybody wanted to send some money, I mean, honest to God, this is going to be an enormous enterprise.
01:27:25.000And it's going to be carried out thanks to, you know, just normal citizens.
01:27:30.000Send in five bucks, fifty bucks, whatever they can do.
01:27:33.000And the address is 2033 North Main Street, Walnut Creek, California.
01:28:32.000Center for 9-11 Justice and the website's Center for 9-11 Justice at... Well, there is no... We're lawyers and we're not... We haven't gotten as far as the website yet.
01:29:06.000We've only got about six, seven minutes left with you, sir, and I appreciate your time.
01:29:09.000Recapping and then getting into more key areas of the case, I also interrupted you when you were getting up to the part of people can't believe our government would do this, though it just came out that they killed General Patton, as we already knew, but now it's declassified, because he wanted to get our troops out of a Soviet gulag that they'd taken from the Germans.
01:29:40.000Well, I just think if you turn it around a little bit and say, alright, you talk to a normal citizen, do you think that the Soviet Union or Russia now is capable of, for example, bombing apartment buildings and claiming that it's Chechen rebels who are doing it?
01:29:59.000Do you think that they're capable of that?
01:30:01.000Most people would say, well, certainly.
01:30:02.000Those sorts of people do that kind of thing all the time.
01:30:07.000What about the Japanese in 1931 at the Mukden Bridge?
01:30:12.000Were they capable of massacring their own troops and then claiming it was the Chinese who did it?
01:30:28.000What really does differentiate us from other countries?
01:30:31.000Why are we incapable of that kind of Look at the history, and it turns out we've been using that technique plenty of times to start various things, or if we didn't do it ourselves, we managed to implement a propaganda exercise which, in essence, claimed that somebody else had done it.
01:30:52.000Yeah, one of their favorites is to hire a proxy group to do it.
01:31:09.000Well, the suit will seek damages for pain and suffering and all that sort of thing, but punitive damages.
01:31:18.000This is going to be an opportunity, if we get to trial, which I hope we will, for the American people literally to say, okay, what is the penalty for something like this?
01:31:29.000And then they can, you know, the only thing that you can do is put zeros up.
01:31:34.000But that's basically where we are, since nobody in the justice system decided these people needed to be investigated on a criminal basis.
01:31:45.000And so we brought the suit and allege that they've committed these crimes through a conspiracy.
01:31:51.000We're talking about Cheney, Rumsfeld and Myers.
01:31:53.000This is a common law conspiracy to cause death and great bodily harm and certainly hurt her and her child and a lot of other people killed some folks as well.
01:32:02.000Well, it's all right, but it's also a civil rights action for, you know, Denial of civil rights, and it's also a claim that they have retaliated against her for opening her mouth about what she saw and what she knew.
01:32:16.000And so these are various causes of action under the common law, indeed, and under the Bivens case, which is the famous federal civil rights case.
01:32:26.000We've said you have denied her her federal civil rights, and so therefore you deserve Justice, she deserves justice and you have to pay for her denial of those rights.
01:32:39.000So, that's how you put it when the time comes.
01:32:43.000But we will be, you know, making the arguments in court.
01:32:46.000And the wonderful thing about this case, if there is anything wonderful about it, is the fact that there is, it's across this enormous panoply of evidence.
01:32:57.000We have every single kind of evidence that exists.
01:33:07.000It's just they've always controlled the mainstream media so they keep that information from getting out of the public.
01:33:12.000Well, they control the media and that's extremely important.
01:33:15.000Obviously, we wouldn't be anywhere near where we are today if it weren't for the complicity, either knowing or unwitting complicity, of the media.
01:33:23.000I think the most stunning example of that Jim Dwyer of the New York Times was the person who, on behalf of the New York Times, sued the state of New York and the city of New York to get the firefighters' stories, you know, from that day, and wrote in an email to me when we were having correspondence, saying there's nothing from a personal, there's no human evidence, there's no human testimony,
01:33:53.000Uh, that supports the idea of controlled demolition, for example, of the Twin Towers.
01:33:57.000And then all over the tapes, it's there!
01:34:00.000But, you know, what is the level of denial that can exist that allows a person who actually goes to the extent of filing a lawsuit, gets them the 500 stories of the firefighters and the EMTs, which include a hundred and some examples of people talking about the explosions that went off in those buildings.
01:34:23.000How do you get to say that doesn't exist?
01:34:29.000It's a fascinating subject to plumb the depths of the denial that goes on here, and to ask people the question whether or not they're actually acting honestly.
01:36:20.000Well, we appreciate your commitment, Bill.
01:36:22.000I can't imagine how much work and time and energy and also the courage it takes, Bill Veal, for you to do this and your colleague, the other lawyer that's involved.
01:36:40.000On a lighter note, I'm going to come back and take a few final calls in the last segment, but on a lighter note, we have some really serious world news.
01:36:46.000The world faces total financial meltdown.
01:36:49.000The bank head of the private bank in Spain has to say, and we have the Madoff guy stealing more than $100 billion and saying he did it all alone.
01:36:59.000This is par for the course in Wall Street.
01:37:01.000How do we protect ourselves from the bankers in uncertain times?
01:37:04.000with our little leprechaun Ted Anderson and here is his theme song I want the gold.
01:38:45.000Toyota, of course, posting billion-dollar losses, first time since they've been in business, that they've had to post losses on their auto sales.
01:38:53.000I mean, the market is really turning... I bet they want to know where the gold at.
01:38:55.000Yeah, well... You know, we just had Peter Schiff on, talking about how people need gold and silver, and he's not a gold or silver broker, and, you know, talking about total depression, total collapse.
01:39:09.000I mean, I've got bank heads, prime ministers saying this, People have to get out of dollars, and they have to get out of them now.
01:39:16.000And the reason we've got you here today, Ted, is so people can protect themselves from Wall Street run by a bunch of made-offs who will and have stolen your pension funds dry.
01:39:27.000People need to convert a large portion into silver or gold.
01:39:30.000They need to get a good place to physically hold it.
01:40:07.000I mean, they do, they should take gold and they should get it in their own physical position, in their own physical possession.
01:40:13.000I mean, when it comes down to the point where if you're hungry, you don't want a pitcher of a can of beans, you want the beans on the table.
01:40:18.000And that's the same thing with the gold.
01:40:20.000When the economy fails, everything falls apart, you don't want to have your gold stored at some brokerage firm in New York City or wherever.
01:40:42.000But if you want to protect yourself from the kind of economy that we're facing right now, you do not want to have your gold stored at some place or buy some shares of some stock, anything like that.
01:40:54.000You need to have it physically in your possession.
01:40:58.000Right now, like you said Alex, $2.03 for the francs, that's the same price That's the same price that I was offering them when gold was down there at the price of $7.70.
01:41:14.000British sovereigns, like I said on those British sovereigns, I've been getting them out of Belgium and at first everything was circulated that I was getting.
01:42:11.000Plus, there's a huge premium on all gold and silver out there.
01:42:14.000Instead of paying a premium to get it because everybody's buying it up, you're paying below what the market is because Ted buys when it's low and is selling it right now while it's high and passing all those savings on to you.
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01:45:56.000You know, there was a lot of stuff I meant to get to in the show, we ran out of time today.
01:46:00.000One of them was, I knew in California they threw out most of the red light cameras, because there wasn't a police officer riding the ticket, which is a citation that he has to swear to.
01:46:10.000Instead it was Lockheed Martin in the case of San Diego, so it was thrown out.
01:46:15.000And in Texas, and most other states, you have to be registered as a private detective if you're gathering data for the state, and there's a bunch of special licenses for that.
01:46:23.000In Texas, from Dallas to Austin, they've raised hundreds of millions of dollars with these illegal red light cameras, and when the Texas Supreme Court and others said, you can't do this anymore, this is illegal, Austin, of all the cities, said, we don't care if it breaks the law, we're keeping them all there.
01:46:41.000I mean, the government is out of control, and I want to take one final call, who's been holding the longest here in just a moment, John in New Jersey, but before we do that, Ted Anderson, when everything's going to hell in a handbasket, and you can't trust the system, you need gold, you need silver, you need firearms, you need guts, you need God, and you need water filters, you need to be self-sufficient.
01:47:01.000That's a great deal on gold and silver, people aren't going to find a better deal.
01:47:04.000I can't explain to them that you buy gold at the $770 level, it's $850 plus right now, they'd be crazy!
01:47:18.000I mean, the premiums are going up like crazy, and that's why I try to buy at the lower prices.
01:47:23.000When the gold and silver shoots up, it gives the customers, the listeners a break, a chance to buy it at a better price.
01:47:31.000You know, yeah, if I go back in the marketplace and just try to repurchase what I'm offering for you today, you know, it's going to be $20, $30 higher a coin.
01:47:41.000That's how much it's gone up, and it'll happen like that anyways, because with Toyota melting down and all of Detroit being shut down... Yeah, bottom line, don't trust in the government.
01:49:24.000I've solicited my superiors, my supervisors I should say, and they refused to even address it.
01:49:32.000The blind sheet that was in Journal Square up in Drury City, the storage, that's back in 93, Mallory Avenue, that's where they stored most of the explosives.
01:50:09.000Okay, give... I mean, I've got your full name, but give your number to John right now when the show ends, and then I'm gonna call you up right now, okay?