Max Keiser joins Alex Jones on the show to talk about Goldman Sachs and financial terrorism. He explains how Goldman Sachs is engineering financial collapse to consolidate and destroy their competition. He also talks about the FBI saying the number 1 threat is us, the American people.
00:01:22.000And we have record bonuses now to be paid to Goldman Sachs, just in England, 3.5 billion pounds.
00:01:29.000And of course you notice the inner group, JPMorgan Chase and other groups that own the private Federal Reserve holding company, they're all making record profits while hoarding all the bailout money.
00:01:41.000And why has the SEC indicted Goldman Sachs, some of their members, Civilly.
00:01:47.000Well, they'll probably give him a $5 million fine and slap him on the wrist and give somebody probation for the trillions that have been stolen.
00:01:53.000But joining us is Max Keiser to discuss this.
00:01:55.000We'll also get into the FBI saying the number one threat is us, the American people.
00:02:00.000Bill Clinton says, you know, if the Tea Parties don't shut up, people don't criticize Wall Street, that a terror attack is going to happen and it's our fault.
00:02:08.000I mean, they're out in the open, folks, getting ready to stage terror attacks here.
00:02:12.000And we'll take your calls on that subject.
00:02:14.000Max Keiser, good to have you here with us.
00:02:16.000Yeah, Alex Jones, it's always a pleasure.
00:02:19.000Well, I tell you, things are getting crazy.
00:02:21.000Let's get into Goldman Sachs and financial terrorism.
00:02:27.000Well, as you point out, I've been talking about this for a number of years.
00:02:32.000Basically, they have been involved, as have other Wall Street banks, in setting up banks to fail because they can profit on the failure.
00:02:45.000So, just like we've talked about before about Building 7, during the 9-11 incident, there were many options traders that made a lot of money because the Building 7 collapsed.
00:02:56.000Now, here's Goldman Sachs, same thing.
00:02:58.000They create a fund, they create bonds that they build to collapse, that they rig with financial dynamite so that it collapses, and they make money on the collapse.
00:03:13.000That's how they make a lot of their money.
00:03:18.000That's how they make most of their money.
00:03:21.000Well, there's no doubt that the stimulus has run out, and now they're saying, okay, maybe it is a depression, we need more money.
00:03:28.000Obama's new regulation package allows the top banks and brokerage firms to, through their regulators that they control, to basically feed other smaller regional healthy banks into their maw, and a tax on smaller institutions that's paid through bailout money to them.
00:03:44.000I mean, this is, we've got Gordon Brown calling for a world government of and for and by the banks.
00:03:52.000Well, you know, it's interesting because Lloyd Blankfein, the CEO of Goldman Sachs, of course, famously said that he was doing God's work when he and his cohorts are Creating all of these problems for everybody and creating blackmail situations and extortion to get their buddy Hank Paulson to extort 700 billion if you recall back there at the end of 2008 in front of Congress.
00:04:18.000But apparently he's angered the gods because now in Iceland the volcano is blowing up.
00:04:24.000And it's what's remarkable, Alex, is that this is similar to almost exactly what happened during the French Revolution.
00:04:32.000Actually, the French Revolution started when a volcano in Iceland blew up.
00:04:36.000It caused global problems with agriculture.
00:04:39.000And this was what set... You know what?
00:05:14.000He's Alex Jones on the GCN Radio Network.
00:05:18.000And now, live from Austin, Texas, Alex Jones.
00:05:24.000Well, the first two hours were dedicated to the fact that it's 100% the military-industrial complex that controls both parties is going to stage a terror attack to blame it on people that want to end the Fed, people that want to audit the Fed, that want to arrest the people that run Goldman Sachs, that controlled all the regulatory positions, and aren't just ripping our country off, they're ripping off countries from Chile to New Zealand to Greece to Iceland.
00:05:52.000And they've been building this propaganda up.
00:05:54.000They claim the Tea Party's a right-wing.
00:05:56.000It becomes a self-fulfilling Republican prophecy.
00:05:59.000Then they begin... And what are they doing?
00:07:21.000You can only sell the chicken for three, four bucks.
00:07:24.000to one of the big groups, one of the big combines that processes them, but then Tyson Chicken is exempt and gets one ID per 10,000 chickens because they wrote the regulations to shut down their competition.
00:07:39.000They allow all this dirty beef to be shipped in from all over the world.
00:10:06.000A New World Order based upon collective action.
00:10:09.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
00:10:14.000The New World Order really is a tool for addressing a new world of possibilities.
00:10:18.000It means all the world under their control.
00:10:21.000The United Nations would take over America.
00:10:24.000The Trilateral Commission would control the world.
00:10:27.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
00:10:34.000I believe, first of all, that we now need nothing short of a world constitution for the global financial system.
00:10:40.000Global governance with the establishment of the G20.
00:10:43.000So it's going to be an inner ruling elite and then everyone else.
00:11:50.000ReplacementRemotes.com ReplacementRemotes.com If you need a remote control, ReplacementRemotes.com One major world crisis away from having a totalitarian type of system.
00:12:06.000The main event is the wholesale destruction of the world economy.
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00:15:06.000And of course, information is important as well.
00:15:08.000Be sure and visit trends research.com.
00:15:11.000Okay, Gerald, I want to start going to call the next segment and back into trends in the next hour, but I'm going to try to shut up here and just ask quick questions, but with key points.
00:15:19.000I know governments have staged terror.
00:15:21.000I know Operation Northwoods is an official U.S.
00:15:23.000government plan to stage 9-11 style attacks.
00:15:26.000I don't put it past these bankers, this isn't our government anymore, these corporate mafia, from staging a dirty bomb or even a nuke or busting somebody in a fake attack.
00:15:34.000Imagine the clampdown they could have.
00:15:36.000The only way I see them being able to launch their war on Iran, which they're now trying to blame suitcase nukes on, is a massive crisis.
00:15:44.000We've already been lied to about fictitious WMDs in Iraq once.
00:15:48.000Now they're just coming back with the same story.
00:18:02.000Well, it means the things that you're talking about on your show, the products, the survival products, and it means having gold to us, but it also means what happened after 9-11.
00:18:18.000I couldn't cash in my CDs because I wanted to get away from here because Indian Point nuclear power plant is just north of 9-11 and I'm of ground zero and I'm just north of that.
00:18:31.000So when I went to get my CDs, I couldn't get them out because Wall Street was closed their financial instruments.
00:18:38.000This time, when 9-11 magnitude terror strikes, we forecast they're going to close the banks.
00:18:45.000You're not going to be able to get your money out.
00:18:48.000And there's going to be cyber attacks as well.
00:18:51.000And when you do get your money out, the little bit they'll let you take out at a time, It's gonna be devalued.
00:18:58.000Just like they devalued it under FDR when they called a bank holiday.
00:19:03.000Just like they devalued it in Argentina.
00:19:47.000They're openly saying they're going to take the pension funds.
00:19:49.000The cybersecurity bill passed the House, now in the Senate, says for any emergency, including financial, the president can, quote, shut down the internet or selectively shut down the web.
00:20:00.000We see internet censorship passing in Italy.
00:20:04.000We see it passing last week in England.
00:20:07.000We see national publications, mainly singling me out, saying I'm calling for violence when I'm not, calling for censoring us.
00:20:14.000I mean, so, clearly you can see them lining everything up and getting ready for a war as a political distraction, but the real enemy is us, fleecing us further, and like a bully, sitting on our chest, pounding us in the face, breaking our will, so the criminal made-offs and kin-lay types that run our society, they're trying to go for broke, and then make sure they can protect themselves from the people.
00:23:12.000The more I learn, the more I know how much I don't know.
00:23:14.000I didn't know DynCorp, its biggest business in the U.S., is running CPS.
00:23:21.000So the counties and cities stealing people's kids without due process and then selling them off literally to adoption agencies.
00:23:29.000Once I found out about it, I googled searched it, there were thousands of articles.
00:23:32.000DynCorp is now not just running white slavery rings, as the Chicago Tribune reported a few years ago overseas, in Serbia, they're here running it.
00:23:42.000So now these Pentagon groups are literally hunting us and our children, and I didn't even know it!
00:24:44.000It's the people that will not follow the deranged that want to turn them into murderers to fight other wars that say, no, we're going to stop.
00:24:55.000And if we stop these wars and we start concentrating and bringing the resources back to this country, we can rebuild it step by step.
00:25:15.000It was in the London Telegraph yesterday.
00:25:17.000The Federal Deposit Insurance Corps is trying to encourage public retirement funds that control more than $2 trillion to buy all are part of failed lenders.
00:25:26.000So the big banks move their money out the back door and buy real assets, then they put the public on the hook.
00:25:31.000So all these cops and people being replaced by DynCorp now to snatch kids, they're going to take your pension funds.
00:25:37.000And it goes on to say the government is ordering the pension funds to invest in failed banks.
00:25:44.000Since when in the land of the free, home of the brave, Does the government regulators order the pension funds where to put their money?
00:25:55.000If they don't, the laws, millions of laws, there's millions, are written where nobody can follow the law.
00:26:00.000It's all selectively enforced, so they'll go in and shut them down.
00:26:03.000That's what Katherine Austen Fitts said and agreed with me here last week.
00:26:06.000But then, you talked about the articles in the Wall Street Journal and New York Times In the last year that I've seen, where not only have they cut almost all of the white-collar investigators off of big banks, big corporations that pay almost no tax, it's reported, but when they do bust a Swiss bank account and make it big news in Reuters today, it was for $200,000.
00:26:30.000So they're busting little bitty chump level.
00:26:33.000That sounds a lot to a McDonald's worker, but that's nothing, you know, to the elite who are in the trillions and hundreds of billions individually in some cases.
00:26:41.000And then I remember reading articles about now they're not even having them go after upper middle class, it's after blue-collar, people $35,000, and that they send two uniformed officers to Sacramento to a guy's car wash that hadn't paid four cents.
00:29:52.000So that's what happens and that's why revolts begin.
00:29:55.000As you said, they have the agents provocateur.
00:29:58.000That they keep putting in, whether it's a peaceful demonstration, and all of a sudden you see a squad of guys coming out, and they call them anarchists with masks on, and who are they?
00:30:10.000And they're making it look as though it's the average person that's causing the damage.
00:30:15.000And the same thing as you pointed out, the infiltrators of these tea parties.
00:30:20.000So we're really in a very crucial time right now, and we could go either way, but unquestionably, After this stimulus high runs out, the economy is going to crash.
00:30:33.000They're going to try to keep it alive for the 2010 midterm elections, but after that...
00:33:16.000The Magic Yellow Flyer marketing system is the most effective and inexpensive way to build a referral-only service business in a short period of time.
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00:34:01.000The AP reported yesterday, several weeks after our initial investigation, that groups all over the country are infiltrating the Tea Party's deposes racist into other things.
00:34:33.000You try to go to peaceful political protest And make them look like kooks, or make them look like racists, as other groups are saying they're going to do, or try to cause violence, as other groups are saying.
00:34:44.000That's organized crime, getting together to go set people up.
00:34:49.000And the black congressional caucus walked out in the Tea Party, tried to get them to spit on them, tried to get them to call them the N-word.
00:35:03.000Your call is coming up right when we start the next hour and I've got other questions we're going to intersperse throughout that for Gerald Salente, picking his brain here at TrendsResearch.com.
00:35:12.000Don't forget we've got two new films coming out in the next week.
00:35:15.000One tomorrow premieres at PrisonPlanet.tv.
00:35:18.000The DVDs and the new film, Invisible Empire, New World Order Defined, are now shipping.
00:35:22.000Check out the trailers and info at InfoWars.com.
00:35:24.000Okay, Gerald, talking about the economy going under.
00:35:30.000I know you can't put an exact date on it, but a danger zone, A, B, is there a way to stop it, and C, when they implode it, what type of things are they going to try to steal?
00:35:40.000The timing is very tough, but we're looking for something really to happen between now and September.
00:35:48.000That's our window, because you're going to start seeing a lot more commercial real estate collapsing, you're going to start seeing more sovereign debt problems, and they're not going to be able to cover it up anymore.
00:36:00.000And of course the Fed is winding back on their 1.5 trillion that they're covering this whole housing bubble with.
00:40:25.000Now there could be some real terror attacks.
00:40:27.000That's somebody fighting back like Pakistan.
00:40:29.000Or if we attack Iran, they've said we're gonna attack back.
00:40:33.000But Gerald Solente, I'm no fan of Iran, I'm America first, but it's not America, it's banks and corporations leading us into these wars that are black holes they steal money out of if they use as political distractions.
00:40:46.000I mean, if our country attacks Iran, I mean, what do people expect Iran to do?
00:41:17.000And, you know, what have they really done?
00:41:19.000I don't think they, in the last century, they haven't colonized anybody.
00:41:24.000They didn't attack another, invade another country.
00:41:27.000I mean, when you look at the people that are pointing the fingers at Iran, particularly the United States, France and Israel, you know, their track record of colonization, starting wars, invading countries and occupying them is a lot worse than Iran's is.
00:42:39.000Right after 9-11, Alan, the Genius Greens fan, who admits he's wrong 30% of the time, a C average, he began to lower interest rates to 46-year lows.
00:42:54.000We can't do that anymore to juice the economy.
00:42:58.000If there's a terrorist strike, We see an economic terror that will drive this country into the greatest depression a lot faster than we're forecasting.
00:43:09.000But the banks will love that because they're waging war against Main Street.
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00:46:52.000Remember, in a real crisis, non-hybrid seeds are the ultimate barter item.
00:46:58.000This is Alex Jones for survivalseedbank.com.
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00:48:13.000Adolf Hitler, he wanted a world government with himself as the master leader.
00:48:20.000One small central authority of individuals can then dictate a policy that's going to be distributed down to the rest of the world everywhere.
00:48:29.000The Invisible Empire is a damning indictment of the world's superclass.
00:48:35.000This documentary chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
00:48:42.000We've become accustomed to the idea that every now and then something is going to happen and we just know from the beginning we're not going to get to the bottom of it.
00:48:54.000Learn how this global oligarchy controls the populace through drug trafficking, money laundering, staged terror attacks, media propaganda and debt.
00:49:03.000Americans are easily motivated by false flag operations and I think it's inevitable that we will see false flag operations in the near future.
00:50:36.000The left and right at the top of the power structure work together looting the people and that is exposed In the upcoming film that premieres in about 25 hours, less than 25 hours, tomorrow when the show ends at 3 p.m.
00:51:58.000So we really have to play the China game, not the other way around.
00:52:02.000And that's what we're really looking at.
00:52:04.000And all this noise, by the way, about letting the yuan float so that American exports can be more competitive, meaning that it is going to cost more to buy Chinese products.
00:52:55.000One of the only reasons why this economy didn't crash worse than it has, and quicker than it has, is because China has been throwing trillions of dollars into pumping up their economy, and by extension, the world economy.
00:53:11.000So now when China, as they're doing now, starts to wind back, the economy starts to slow up.
00:53:20.000We have a parasite banking economy, a global banking dictatorship, and now we have no more denial about world government.
00:53:28.000We have Gordon Brown, Obama saying we're going to have a planetary regime with carbon taxes paid to private banks under a global constitution where the banks will be the government.
00:53:38.000I mean, this is moving faster than I even thought it would.
00:53:42.000I don't see how they're going to get away with this open tyranny, Gerald.
00:53:46.000Well, they're getting away with it now.
00:53:48.000And again, we've said this over and over again.
00:53:51.000The merger of state and corporate powers is fascism.
00:53:56.000And what happens when you live under a fascist dictator?
00:54:21.000Um, I was just wanting to read a couple sentences from a story that someone wrote about the health bill, and then I was gonna ask the question to, uh, Gerald.
00:54:30.000Yeah, that's one of my later questions is the health care bill, his analysis of it, but go ahead and read your point.
00:54:37.000Uh, he put in there, insurance companies can no longer drop clients who become sick, giving them lifetime coverage, pre-existing medical conditions, Uh, people will still be available.
00:54:49.000And at the end, he said, Vice-Inspector C will be sure to go up and it'll help.
00:54:57.000Make the economy better by having less people file for bankruptcy.
00:55:00.000And my question was, what does Gerald think about how the health bill is going to fit in with the crash that he predicts is coming up?
00:55:09.000Gerald, give us your breakdown of the health care bill.
00:55:12.000Well, the health care bill is not going to accelerate the crash.
00:55:15.000That's a minor player in it, although it's a big one.
00:55:18.000That's a health care bill, again, another example of fascism.
00:55:22.000We're being forced to buy insurance From criminal insurance companies?
00:56:07.000So all this is, is a system To keep the people in control, to make them think that they're doing something for them, and they're robbing us.
00:56:17.000They're taxing us to take our money to give it to the insurance companies.
00:58:01.000That army of doctors that they're now putting together?
00:58:05.000Another military wing that's allowed to really become a militia?
00:58:13.000A government militia of doctors that they're also having that bill.
00:58:17.000And they say federally they've got to report parents to CPS and ask the kids questions, but the point I forgot to make is it's a war of truth and lies.
00:58:25.000I was watching Hardball two nights ago and everything coming out of Matthew's mouth was a lie.
00:58:31.000That's why the guy's got 400,000 viewers.
00:58:33.000Folks, this radio show, conservatively, has double that every day.
00:59:14.000You go through the whole list of these guys.
00:59:16.000These TV tough guys, these big mouths.
00:59:19.000And they're just playing to the crowd.
00:59:21.000And he's, you know, he's one of the crowd.
00:59:24.000We're going to come back and take some more calls, but when we come back, I first want to ask Gerald Cilente, because I'm interested in his take.
00:59:29.000Time Magazine, Newsweek, I'll ask the question and I'll get the answer when we come back.
00:59:33.000Time Magazine, London Guardian, Newsweek, Southern Poverty Law Center, every publication run by George Soros, are lying and saying I'm calling for violence and I'm dangerous.
00:59:44.000Why are they singling me out more really than anybody else now on a daily basis?
00:59:49.000What does Gerald think that is really all about?
00:59:52.000Because I really want to get his take on it, and I want to ask him if he's had any threats or demonization out there as well.
00:59:57.000Then we're going right back to your phone calls, Ron, Scott, Pamela, and others.
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01:01:06.000A New World Order based upon collective action.
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01:01:19.000It means all the world under their control.
01:01:22.000The United Nations would take over America.
01:01:24.000The Trilateral Commission would control the world.
01:01:27.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
01:01:35.000I believe first of all that we now need nothing short of a world constitution for the global financial system.
01:01:41.000Global governance with the establishment of a G20.
01:01:44.000So it's going to be an inner ruling elite and then everyone else.
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01:05:14.000So, it's logical that they would do that.
01:05:17.000They want to stop the force that has the most power.
01:05:22.000And it's like cutting off the head of a snake.
01:05:25.000They feel as though if they could stop you, they could stop the movement.
01:05:29.000In a lot of ways, because you're at the forefront of it.
01:05:32.000And they're going to continue to do it and demonize everybody that they can That exposes the fraud going on.
01:05:40.000I remember talking about what was going on about how this DC heist, we called it, Wall Street hijacks Washington.
01:05:49.000How when we first said that, it was considered outrageous that we would think that.
01:05:54.000So anytime that you begin to expose the fraud, the criminality, and the corruption, they want to shut you down because you cost them a lot of money and a lot of problems.
01:06:05.000But why would all these major TV networks and publications say I'm calling for violence?
01:06:11.000And Fox admitted in a news article, too, they wrote they called Homeland Security on us.
01:06:14.000I don't know if you knew this two weeks ago, off comments on a message board implying that they were ours.
01:06:20.000Then we found far worse comments on Fox Nation's own website, their own pundits even saying more.
01:06:25.000Do you think they're getting ready to set me up, or is this just to demonize me?
01:06:29.000I mean, because it looks like they're trying to sic the cops and the IRS on me.
01:06:33.000Well, they're probably well aware of that already, and they're just gonna look for any kind of breach that they could give an excuse to come in with, just like they do with everyone else.
01:06:44.000So, it's again, you know, you said it before, the only thing you have in this life is your word, and your dignity, and that's all you leave behind is your word.
01:06:54.000So, of course, there's always the threat.
01:06:57.000I mean, I have to tell you, back in 2002, In the Trends Journal in my column, I wrote, it's getting dangerous.
01:07:06.000And I said that I'm going to be careful what I say, because when they come out from the government saying, and you remember during the Bush years, you're either with us or against us.
01:07:17.000And you have to be careful what you say.
01:07:20.000And we're entering into a period like that.
01:07:45.000And I make it very clear that we're calling for an intellectual revolution.
01:07:49.000So what I would suggest you continue to do, every chance you can, is to say we want a peaceful change.
01:07:58.000You see, here's what's going on, Alex.
01:08:01.000The more they lose control, the harder they're going to clamp down.
01:08:06.000And this is what the people need to know.
01:08:08.000And that's why we're saying, the more that they start losing, the more control that slips away, they're going to create a violent situation so they can crack down on it.
01:08:20.000And do you agree that they're clearly trying to provocateur, well they've been caught, violence and that they want it to get violent?
01:08:27.000I don't know if they want to, but I know that nothing I... Read my lips.
01:08:50.000Look at this guy, this, this, uh, what, Edwards, John Edwards, whiter than white, you know, talking about morality and he gets caught with a chick.
01:09:00.000I mean, Spitzer, I talked to that one after another.
01:09:03.000Look up the definition of a sociopath.
01:09:06.000This is who they are, and this is the way they behave.
01:09:10.000They will do anything to maintain their control.
01:09:13.000They act with all of the respectability and dignity on the tele- on- on- in front of the folks, and then behind the scenes, they're doing their dirty little stuff.
01:09:26.000And again, and they're not even man enough to admit it.
01:09:28.000Whoever made up this stuff, that as soon as you get caught having sex, you're promised you're gonna go for sex addiction therapy.
01:09:38.000When did they make this sex addiction therapy thing up?
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01:13:15.000Continuing with your phone calls for Gerald Cilente.
01:13:18.000Then I've got some other questions I want to ask him and some Twitter questions as well.
01:13:23.000Let's go ahead and talk to Ron in Texas.
01:13:35.000There was a 2005 PNF report by Gary Schmidt that started off saying that Iran's nuclear capability was about 10 years behind.
01:13:46.000So my first question is, what do you see in your professional opinion as the reality of their capability?
01:13:56.000The other one is, some time ago we had a warhead That was known as the Whiskey 54, which was, uh, nicknamed a Davy Crockett and a Special Atomics Demolition Munition that was man-portable.
01:14:15.000The reason why I'm stating this is this yielded somewhere between 1 and 10 kilotons, so would you say that they would go more, if they played this card, go more route of a kiloton yield, or seeing as how the Megaton to be too destructive and kind of, I guess, be worthless to what they wanted to end up with.
01:14:54.000And it's probably going to be for defensive purposes.
01:14:58.000Look, India has them, Pakistan has them, both of them have not signed a nuclear proliferation treaty, as has Israel that hasn't signed it either.
01:15:08.000So, we believe at some point they're going to get it.
01:15:11.000To use it as a whole other thing, it's like being armed and not going to war for defensive purposes.
01:15:18.000And we would say, logically, we believe that Iran is going to move toward nuclear, and there's no stopping them.
01:15:26.000And again, under what province do you do that?
01:15:32.000Why can the UK, why can France, why can India, why can China, why can Israel, and why can the United States have nuclear weapons, and Russia, and not Iran?
01:17:19.000You know, so, and now they're going to, the way they're going to get us out of it, when all their other schemes fail, is they're going to take us to war!
01:17:52.000Gerald, I've got two questions for you today.
01:17:56.000One to do with the coming war that y'all are predicting, and the other one is trying to forecast exactly when the collapse will happen.
01:18:06.000Again, the collapsing timings, it's very difficult for the timing because they come up with schemes on dream dollars.
01:18:13.000But you're saying as early as September of this year?
01:18:16.000We believe that we could have it by September because, again, who would have thought we would have been bailing out banks and buying up companies?
01:18:23.000So it should have gone down and then they do all these things behind the scenes that we don't know about.
01:18:28.000But we believe by, and then the other issue, I'm sorry, the other question was?
01:18:36.000Again, you know, the timing's very difficult, but we believe it's going to be sooner rather than later, and it's going to be steps into the Great War.
01:18:45.000It's not going to be one day, but it can be one day if there is a 9-11 magnitude terror strike, which we believe is going to happen.
01:18:55.000So you have all these different factors going on at one time.
01:18:59.000Which one's going to be the tripping point?
01:19:01.000It's very difficult to say at this point.
01:19:07.000Scott, does that answer your question?
01:19:09.000I just wanted to ask one quick thing about the war part.
01:19:14.000Hugh Court has a website where he calls that Bin Laden has plans for an American Hiroshima.
01:19:22.000I wonder if Gerald is familiar with what's available through Dr. Court and if he would have any, you know, does he put much credibility into that?
01:19:32.000I've been hearing from Bin Laden now for how many years, you know?
01:19:36.000And I don't think he has the wherewithal, even if he's even there, if there is a Bin Laden anymore.
01:19:49.000We know that every week or two there's a new article quoting him from some message board or audio and at the bottom it says we don't know this is him or not.
01:19:58.000This is a boogeyman, a Goldstein, somebody to scare the population.
01:20:07.000The Obama administration is warning the danger of a terror attack within the United States of the nuclear weapon is increasing.
01:20:14.000But US officials say the claim is not based on new intelligence and questioned whether the threat is being overstated.
01:20:21.000And President Obama went on in the 47 You know, Nation Nuclear Summit, they were having to conclude that the risk of nuclear confrontation has gone down between nations, but the risk of nuclear attack from terrorists has gone up.
01:20:35.000I mean, this, and then it's got all these top analysts saying, this is political hype and fear-mongering, and Obama's trying to blame it on Iran, when Iran is Shiite, the archenemy of the Saudi Arabian Al-Qaeda Wahhabis.
01:20:52.000It is hype, and it could happen, by the way.
01:20:55.000You know, when I wrote Trends 2000 back in 1996, we front-loaded it with the breakup of the former Soviet Union and all of the suitcase-sized nukes and other nuclear materials that were being sold on the black market.
01:21:09.000So again, with the foreign policy going in the direction it's going in, Of course there's going to be major reprisals against the United States.
01:21:19.000Anybody that thinks differently is out of their mind.
01:21:22.000You can't invade other countries, occupy them, kill hundreds of thousands of people, and not want people to get even with you.
01:21:29.000How they do it, whether it's nuclear, a biological attack, whether it's a, you know, whatever it might be, in a stadium, in a shopping mall, it's going to happen.
01:21:40.000But Gerald, what I'm saying is in this inverted logic, Terrorism will help the New World Order.
01:21:47.000It will help the fascists, the corporatists, because the public doesn't understand we're attacking other people.
01:21:54.000You know, if a cop breaks his baton on your head, he charges you.
01:21:58.000This literally happens with assaulting him now.
01:22:00.000There's a big federal case, of course, with Maryland University over this right now.
01:22:06.000And so, it really helps the establishment to stage terror attacks as a pretext to launch these new wars.
01:22:14.000Alex, you don't need any clearer proof than Afghanistan and Iraq.
01:22:20.000Iraq is a war being fought under false pretenses.
01:22:26.000There was no weapons of mass destruction.
01:22:32.000And go back and look at what the reasoning was to attack Afghanistan.
01:22:38.000It was to get Osama bin Laden and close down the terrorist camps.
01:22:44.000So they're going to use anything they can, fake or real, to keep the military machine going and to keep the people under their thumb in the height of fear.
01:22:58.000And as you mentioned, they're using the fear card again and they're playing the card as a trial balloon because there's going to be real reasons for fear coming down the road.
01:23:12.000Okay, I want to go back to calls, but I wanted to bring up another subject.
01:23:15.000Back in January of last year, a year and a half ago, or almost a year and a half ago, we got State of New York, Bureau of Cemeteries, internal documents.
01:23:26.000We had emergency managers on, saying they're preparing in Indiana and Illinois for millions of dead, that the flu was coming, it was going to kill millions, and that the feds had to take over and have martial law.
01:23:38.000Then in April, out of the wrong season, wrong hemisphere, H1N1 pops up.
01:23:44.000I go on air and I say, I don't know if this is going to be real or not, Whether it's real flu or not, it's psychological terrorism, just like if it's a real nuke attack or not, it's psychological terrorism.
01:23:55.000Then, the head of the EU Health Commission, 47-member group, Wolfgang Wudrig, we had him on, documented that they paid off the scientists in our governments, had them lie to make tens of billions on sales.
01:24:08.000You talked about it being a fraud, I talked about it, here it is, the Daily Mail, We blundered over swine flu health chiefs.
01:24:17.000Global health chiefs have finally admitted that they may have overreacted to swine flu pandemic, landing governments with millions of unused vaccines.
01:24:33.000And that if you took the seasonal flu shot, that's what gave you the H1N1, they were putting it in the vaccines.
01:24:39.000That's in five new studies that they were actually... I mean, this is so diabolical, it's right out in the open and nobody gets in trouble.
01:24:47.000Well, look what's going on with the pharmaceutical companies.
01:24:50.000They hire doctors, and they pay the doctors to do the research, and then the doctors become spokespersons for the pharmaceutical industry, and they make up fake studies.
01:25:01.000I mean, how much more proof do you need?
01:25:03.000Hey, ladies, remember all of that estrogen they told you to take for how many years?
01:25:09.000And then the people that were saying that it was dangerous for you, and it wasn't doing the things that they claimed it was doing, they would, they would, you know, run them into the ground.
01:25:20.000So yeah, it's every level, and again, keep making the connections.
01:28:01.000What do you see with the population and the relationship with police?
01:28:05.000Now because of all these tiny handheld cameras built into cell phones, iPads, you name it, iPhones, we're really seeing police walk up, beat innocent people half to death, throw legless men out of wheelchairs, going crazy and being encouraged to do it, and now the public's really getting to see this.
01:28:23.000Where do you see that going and where do you see the attempt to clamp down on free speech on the internet going?
01:28:28.000Well, they are clamping down on free speech.
01:28:32.000They're going to continue to clamp down.
01:28:34.000We just saw that federal court ruling that was in favor of a Comcast, where they can now charge different prices for different clients to give them different speeds.
01:29:41.000Now, the thing is, okay, buying gold would be a wise investment, but my question is, if these people have this gold, and the dollar is only worth, as far as I know, maybe four cents, why would they sell their gold Or a dollar.
01:30:21.000Because in that play, all I want to do is to stay even, and gold is my wild card, because I believe that they're going to devalue the dollar rather than it inflating.
01:30:32.000One way or another, it's not going to be worth, it won't be able to buy a candy bar.
01:30:36.000And gold is up almost 400% in the last 10 years, so that was a good bet for you.
01:30:40.000Well, yeah, and we believe it's going to hit $2,000 and beyond.
01:30:44.000Cindy, Chuck, and Eric, you are straight ahead, final caller for Gerald Cilente.
01:30:51.000And we'll give you his website as well on the other side.
01:30:54.000You can see it up on the screen if you're watching at PrisonPlanet.tv.
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01:32:06.000A New World Order based upon collective action.
01:32:09.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
01:32:14.000The New World Order really is a tool for addressing a new world of possibilities.
01:32:19.000It means all the world under their control.
01:32:21.000The United Nations would take over America.
01:32:24.000The Trilateral Commission would control the world.
01:32:27.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
01:32:35.000I believe, first of all, that we now need nothing short of a world constitution for the global financial system.
01:32:40.000Global governance with the establishment of the G20.
01:32:43.000So it's going to be an inner ruling elite and then everyone else.
01:32:51.000Secure your copy today at InfoWars.com or PrisonPlanet.com or watch it online in the highest quality at PrisonPlanet.tv.
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01:34:50.000I wanted to quickly just say, I've been listening to your show for a little more than a year now.
01:34:56.000It was a breath of fresh air to be able to Get the information that you have.
01:35:02.000It's something that I've been inquisitive about for years, and you were speaking vaguely about the recent flu epidemic that we've been having but you know things were suspect even as far back as stars you know what i mean when all these things and the bird flu virus and all these things would just pop up and then go away without any they use the environment they use bugs they use war all as a pretext to take control of our lives yeah
01:35:32.000and but my my main comment is now my facebook page is nothing no no BS it's nothing but informative information I either get linked from you or other, the Drudge Report, other... Sure, we're almost out of time, go ahead.
01:35:46.000My thing is, what do we do to wake people up?
01:35:49.000Like, even in my own household, I speak to my wife about this stuff, and I can engage her shortly, but her standards, I mean, she's more concerned about Jesse James and that whole... Well, Chuck, Chuck, Chuck, there's some people, love them to death, aren't ever concerned.
01:36:04.000It's like in the Godfather, they say, You know, women and children can be careless, men cannot be careless.
01:36:10.000And a lot of men act like women, and a lot of women act like men.
01:36:13.000But let's talk to Gerald Cilente about that.
01:36:15.000I would move on to people that do want to be warned.
01:36:27.000There's a great quote attributed to Jesus Christ.
01:36:30.000I can heal the sick, I can make the blind see the lame walk, I can even raise the dead, but I, not even I, can save a fool from their foolishness.
01:37:12.000The biggest trend that we're writing about is going to be Internet TV.
01:37:16.000Everything you see on that little screen Now goes to the big screen and they're really fearful of that because they can't keep up and compare with the content coming from an Alex Jones.
01:38:05.000I don't know if you know I was there during the earthquake in Chile.
01:38:08.000And, uh, you know, when we came over, all of a sudden, a couple of times, they had these roadblocks with helicopters and guys dressed with enough body armor to go to the Battle of the Bulge.
01:38:56.000A New World Order based upon collective action.
01:38:59.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
01:39:04.000The New World Order really is a tool for addressing a new world of possibilities.
01:39:09.000It means all the world under their control.
01:39:11.000The United Nations would take over America.
01:39:14.000The Trilateral Commission would control the world.
01:39:17.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
01:39:25.000I believe first of all that we now need nothing short of a world constitution for the global financial system.
01:39:30.000Global governance with the establishment of the G20.
01:39:33.000So it's going to be an inner ruling elite and then everyone else.
01:40:15.000He's Alex Jones on the GCN Radio Network.
01:40:18.000And now, live from Austin, Texas, Alex Jones.
01:40:24.000Coming up in the next hour, Lord Christopher Monckton, one of the key Tea Party speakers in Washington, will be joining us on government-run healthcare in England, on all the latest on Climategate.
01:40:34.000Devastating news has broken this week of the systematic fraud.
01:40:39.000We're going to premiere my newest documentary that I've produced, that Jason Burma's directed, Invisible Empire, New Order Defined, at 3 p.m.
01:40:48.000We have something special we're going to do that you're going to be amazed by coming up in the last hour as well.
01:40:55.000He announced two and a half weeks ago that he's retiring from his twice-a-week column.
01:40:59.000He's a former Wall Street Journal editor, the father of Reaganomics, the head of policy department of Treasury, and of course his new book is How the Economy Was Lost, The War of the Worlds, Paul Craig Roberts.
01:41:09.000Dr. Paul Craig Roberts is with us and before he sails off into the sunset, at least for a while, taking a break, He's agreed to do a couple interviews with us.
01:41:16.000He did one last week, and now he's back on tax day this week to talk about the economy, the value-added taxes, all the things, the carbon taxes they're calling for, and what he talked about last week, the systematic destruction by design of our economy, the total conversion to basically Mexico or another third world nation where you have a tiny elite and a giant underclass.
01:41:39.000Dr. Roberts, great to have you here with us today, sir.
01:43:28.000All serfs were required to turn over 20-30% of their labor time to the government of their day.
01:43:38.000A slave has to turn over about half of his labor time To his honor.
01:43:45.000And Americans fall in between those two ranges.
01:43:51.000So every American who works and earns an income is either serf or slave or in between that margin.
01:44:02.000And that is simply the historic definition of a free person agreed to by the liberals, by Karl Marx By the conservatives, by all historians, that is the definition of a free person.
01:44:47.000We'll look at the history of the income tax, how it's been accelerating and expanding, and a lot more, and how we try to shake off this bondage.
01:47:50.000ReplacementRemotes.com ReplacementRemotes.com If you need a remote control, ReplacementRemotes.com From his Central Texas Command Center, deep behind enemy lines, the information war continues.
01:48:11.000It's Alex Jones and the GCN Radio Network.
01:48:16.000Many times when Congressman Ron Paul is on Fox or CNN or MSNBC, they'll say, you're against the government.
01:49:03.000Former Wall Street Journal editor, for those that just joined us, father of Reaganomics, is our guest, Dr. Paul Craig Roberts, author of How the Economy Was Lost, The War of the Worlds.
01:49:13.000Paul Craig Roberts is with us here live today on Tax Day.
01:49:17.000Sir, please continue where you left off in the last segment, our journey from liberty to servitude and serfdom.
01:49:23.000Oh, Alex, the phone is started ringing.
01:49:51.000Okay, Dr. Roberts, continuing, recapping our journey to serfdom, and now it's only accelerating deeper into bondage.
01:49:58.000Well, you know, the main point, Alex, was that a free person owns his own labor, and an income tax means the government has the first claim on your labor, just like feudal lords did, or a slave master.
01:50:14.000And so Americans are not free, and haven't been for almost a century now.
01:50:18.000We're three years short of a century of living as serfs, while the government tells us that we have freedom.
01:50:28.000You know that under the Constitution the income tax is unconstitutional and certainly nobody in the latter part of the 18th century was going to propose an income tax since it was so close to the time that serfs were becoming free labor as opposed to serfs and so the notion of
01:50:52.000Having the government have a claim on your labor would have been seen as a step back into the Dark Ages or into the Medieval Period.
01:51:01.000And so, how did we get the income tax?
01:51:03.000Well, the Democrats wanted it to get the rich.
01:51:08.000And they got one passed and it was ruled unconstitutional and they had to have a constitutional amendment.
01:51:14.000And the way they got it, if my memory serves, the Republicans wanted a higher tariff.
01:51:26.000During our great growth period, we had high tariffs.
01:51:30.000We did not develop on the basis of free trade.
01:51:35.000So, in order to get the tariff, the Democrats said, look, tariffs are like sales taxes, and they're regressive, and people have to pay it who don't have a lot of money.
01:51:48.000And so, If you will go along with letting us have a go at a constitutional amendment on the income tax, we'll let you have your tariff.
01:52:02.000And the Republicans all said, well, you know, the states will never pass this, so let's make the deal so we can get a higher tariff.
01:52:12.000So they made the deal, and when it went out to the states, The states looked at it and said, well look, look how much money you have to have before you even hit a 1% income tax rate.
01:52:29.000Nobody in our state has that much money.
01:52:32.000We don't care if this passes, it doesn't affect us.
01:52:37.000And so, it passed because the majority of the states came to the conclusion that nobody in the state had an income that large.
01:52:47.000But of course, As soon as it's in, World War I starts.
01:52:53.000And, of course, they want to finance the war.
01:52:56.000And so, all of a sudden, the thresholds at which the tax comes in are lowered, the rates at which are charged are raised, and the whole population is almost subject to the income tax, which was only going to be for the rich.
01:53:18.000It was a miscalculation as a part of a deal to be able to raise a tariff in exchange for giving the Democrats a go at a constitutional amendment.
01:53:37.000Well, Dr. Roberts, let me add a caveat before you continue.
01:53:40.000We notice in the same year, 1913, we get the income tax to now fund the new central bank that so many of our forefathers had fought against.
01:53:50.000As Thomas Jefferson said, if you allow private corporations and banks to issue currency and credit, you will wake up homeless on the continent your forefathers conquered.
01:54:00.000And we also, that same year, got the 17th Amendment, taking the senators from the states, voted on by the legislatures, and making them federal creatures, so further dominating the states.
01:54:14.000And so the central banks that helped, and private banks that helped ram this through, did it in the name of getting the rich guys, the robber barons, but really the robber barons that helped them vertically integrate That's true, and that's one of the subjects of my recent book, How the Economy Was Lost.
01:54:30.000You gave a very good summary of what happened.
01:54:51.000And of course the reforms destroyed the federal structure and gave us the powerful central government.
01:54:59.000The Civil War did a great job in destroying states' rights, but certain amounts of it remained until 1913.
01:55:10.000Dr. Roberts, I want to talk more about the income tax and all the new taxes they want to pile on that are similar to...
01:55:24.000But what about the states and property taxes?
01:55:26.000Many states didn't have property taxes until the last 20, 30 years and they go up and up and up.
01:55:31.000That's another classic feudal serf tax where you didn't own the land you were on, you were the keeper of it, but you had to pay a percentage to the nobles.
01:55:46.000Property taxes really aren't abortable because even if you rent from a landlord he has to pay the tax so it goes in to the rent.
01:55:56.000Property tax, the reason given for that and what was used was to fund public schools.
01:56:06.000So you find the public school system based on the property tax and therefore this made it
01:56:17.000Free, so to speak, since property tax wasn't avoidable, and people paid the property tax, so they used public schools, and this was a great setback to private education, and it was another mechanism for government to condition the thinking of people, to brainwash them through time, to make them think that they are free.
01:56:47.000and have democracy, even though they are at the service of the government.
01:56:54.000The government has a very powerful claim on their income.
01:56:59.000Let me illustrate that a little bit more.
01:57:01.000Back during the slavery period in the United States, there were slaves who had special skills.
01:57:13.000They were highly trained in some aspect of of arts and crafts and they were their labor was worth more than working in the cotton fields or working on the plantation and so what would happen is the owners of the slave would lease the slave to a businessman in a city or town and the man who leased the slave
01:57:43.000Would withhold half of the slave's earnings and send it back to the owner and give the other half to the slave which he used to maintain himself in town where he lived, you know, on his own resources after tax.
01:58:09.000And by the way, we've seen this new hoax by AP and others, I see it all over the news, that 47% of Americans don't pay income tax after deductions, but what is FICA and Social Security?
01:58:20.000Don't they know that their employers are just paying them less because they have to pay all those other taxes and matching Social Security, FICA?
01:58:28.000I mean, this lie that 47% of the public are avoiding taxes is a hoax, is it not?
01:59:08.000You see, you're taxed on your worldwide income.
01:59:12.000If you're paying, if you're a global corporation, say you're operating in the United States and say Europe, for example, and you're taxed in Germany and France, then that income is an offset to those earnings.
01:59:29.000And it is not, again, taxed by the United States government.
01:59:36.000It's not really the case that they can avoid taxes.
02:00:59.000Times are tough and you've got to stretch that dollar.
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02:03:24.000We all know that garden seeds aren't really a food supply, but they're a great supplement to your food reserve if you have the time and place to garden.
02:04:41.000To make people aware of that fact is probably more important than to know all the reasons why.
02:04:48.000A lot of it is a result of unintended consequences and most of the rest is a result of short-term greed.
02:05:03.000The way the incentive structure for top management corporations is structured, it gives them a very short term horizon.
02:05:13.000They want to know what the profits are next quarter.
02:05:15.000The longest horizon they have is four quarters.
02:05:20.000And in the way these things are structured, their bonuses that they get for performance far, far exceeds their regular salaries.
02:05:32.000So they make themselves multimillion dollar incomes by moving American jobs offshore.
02:05:40.000Because they then replace American labor with very, very inexpensive foreign labor in countries where there's huge surplus of unemployed labor.
02:05:51.000In China, for example, a couple hundred million unemployed people to draw on.
02:05:59.000So by severely Cutting their labor costs, the profits jump dramatically, and they get enormous bonuses.
02:06:12.000And it's why the prospects, the economic prospects for millions of Americans are gone.
02:06:21.000And not just people alive today, but future generations.
02:06:26.000The kinds of jobs that college graduates used to get are simply disappearing.
02:06:33.000they're moved abroad or they are filled with foreign guest workers on H-1B visas and L-1 visas.
02:06:42.000And so it's actually making the universities redundant.
02:06:47.000Why in the world did you go pursue university careers with the notion of some professional career that's been destroyed by the offshoring of the jobs?
02:06:59.000So it's having a tremendous adverse impact on the United States.
02:07:03.000And you and other economists talk about how these jobs aren't coming back.
02:07:07.000It took hundreds of years to build what we've got, now just a few decades to destroy it.
02:07:12.000There was open discussion by the IMF and World Bank now of the dollar going down.
02:07:17.000They're saying they need more bailouts, VAT taxes, sales taxes, carbon taxes, when any economist worth their salt knows in a stalling economy, you throw more taxes on, that will just accelerate the economy's implosion.
02:07:32.000You see, by wrecking the economy, they have worsened the trade deficit dramatically.
02:07:38.000They have worsened The Federal Budget Deficit, which they can no longer finance, and that is a threat to the dollar as a reserve currency, which is a threat to their power of the United States.
02:07:49.000And so now it looks like the hard-pressed Americans could be hit with new forms of oppressive taxation, such as a value-added tax on top of the income and Social Security tax and state sales taxes and property taxes.
02:08:08.000They have, by putting the dollar into jeopardy and having to rescue the dollar in order to rescue the power of the American military super state, they have to drive the population, or 96% of it, deeper into the ground.
02:08:27.000And that's exactly what is on the agenda.
02:08:31.000And the result for the American people is going to be horrific.
02:08:36.000They're going to be put through the mill In a way that people haven't experienced in the longest, longest time.
02:08:44.000Yeah, this taxation rate is much higher for my study than what caused the colonies to rebel, but also they were having fake courts, royal courts that bypass juries, and the right of Magna Carta and habeas corpus, and you look at all those parallels, they're identical to what led up to 1775, 1776, but magnified.
02:12:23.000Executive Order 10-990 locks down all highways.
02:12:27.000Executive Order 10-995 seizes control of all media outlets.
02:12:32.000Executive Order 10-998 controls all farms and food supplies.
02:12:37.000All these executive orders are now cocked, loaded, and waiting for the right crisis.
02:12:43.000So if you're worried about the possibility of martial law here in America, or have questions about how to survive it, go to MartialLawSurvival.com.
02:13:33.000Now available at InfoWars.com, we have Police State, The Rise of FEMA coming out next week that I've made over the last year, proving this police state control grid and that the FEMA camps do indeed exist.
02:13:49.000separately on the police state, regardless of the Emergency Centers Act, regardless of the John Warner Defense Authorization Act, Patriot Act.
02:13:55.000We know U.S. citizens are being grabbed.
02:14:03.000The denial needs to end about the level of tyranny accelerating in our society.
02:14:08.000Well, Alex, I don't know how much of it goes on, but what we do know for certain is that they have removed the barriers to it and can do it whenever they want.
02:14:25.000We had, you know, the head of Homeland Security fairly recently saying that Homeland Security was shifting its attention from foreign terrorists To domestic American extremists.
02:14:41.000And we had not long ago the arrest of a blonde, blue-eyed woman as a terrorist.
02:14:49.000So they're already moving away from the Muslim threat.
02:14:54.000They used that to get all of those police state measures in place.
02:15:00.000And now they can apply them to the general population.
02:15:05.000Alex, before we go off into that, let me say one more thing about the income tax.
02:15:12.000Many progressives and liberals get disturbed at criticisms of the income tax because they think it's used for the poor.
02:15:23.000I was on a show just the other day where the host thought the income tax paid for public schools and roads.
02:15:33.000And was unaware that the road system was built with gasoline tax and that the public schools are funded with property tax.
02:15:44.000But, what, let me just make a point about the use of the income tax revenues.
02:15:53.000The last week David Lindorff published an article
02:15:57.000In which he said, if you add up all of the military spending, not just the Pentagon's budget, but all of the other related military spending that's dispersed throughout the budget and other departments, the Supplementalist Wars and the CIA and so forth, that it comes to 53% of the federal income tax revenues.
02:16:26.000So that more than half of the federal income tax revenues are used to fund the military.
02:17:02.000And it gives the military security complex such power, because a lot of these funds are recycled into political campaign contributions, that it's almost impossible to budge this.
02:17:18.000Now if you look at the size of the American budget and military spending, the total thing that Lindor presents, and you add in that of all of our allies in Europe, Japan, and in the nations that are friendly to us, it accounts for two-thirds of world military spending.
02:19:35.000And then B, we've got Volcker, Obama, and people like Glenn Beck calling for sales taxes, value-added taxes, carbon taxes, saying we've got to pay this.
02:19:49.000Well, the carbon tax, in my opinion, is something that Wall Street and corporations have cooked up.
02:19:58.000And the purpose of the carbon tax is to make pollution profitable.
02:20:05.000Because you can now buy and sell the right to pollute, and of course Wall Street will turn it into derivatives.
02:20:12.000Sure, but what will that do to the economy?
02:20:17.000I don't think that that is the threat to the economy.
02:20:22.000It may not help, but the threat is another unregulated, over-the-counter, derivative instrument in which pollution becomes profitable.
02:20:40.000VAT drives up the price of everything people buy.
02:20:48.000It's a very high sales tax, a federal sales tax.
02:20:55.000What it does is it taxes the value added to a product at every stage.
02:21:02.000So if we say, okay, we go dig up the iron ore, and so the act of digging the ore out of the ground, that makes it more valuable because it's now accessible.
02:21:13.000So the difference in the value of the ore in the ground and the value of the ore dug out, that difference is value added and it's taxed.
02:21:22.000And then the iron ore is converted into iron or steel.
02:21:26.000And that is another enhancement of value.
02:23:23.000Doctor, I want to move quickly through some other subjects, but going back to overall taxes, because you wanted to come on today, and we're honored to have you.
02:23:29.000Specifically, other points you'd like to make about the income tax, and I want to ask you, where do you see all this leading?
02:23:35.000Because, I mean, clearly, this is a vertical integration, a criminal consolidation.
02:23:39.000They have no appearances of even slowing down, only accelerating.
02:23:47.000Well, the people and the vast majority of Americans will find a sharp decline in their living standard.
02:23:57.000And there's no way around it because not only are the jobs, the best jobs disappearing, but all of these taxes, particularly a value-added tax, will seriously reduce their purchasing particularly a value-added tax, will seriously reduce their purchasing power.
02:24:17.000If you had a 20% value-added tax, for example, it means that 20% of your purchases that you currently have are wiped out.
02:24:27.000And so you see a 20% reduction in your real income.
02:24:31.000Expanding on that, the trick again is they've had fake conservatives promoting VAT for almost two decades saying we're going to get rid of the income tax.
02:24:42.000But now they're saying, oh no, we're going to have the income tax and the VAT, but don't worry, it'll only be 2%.
02:24:47.000Well, that's how the federal income tax started.
02:24:51.000You know, as we said earlier in your program today, the reason the income tax amendment passed, the constitutional amendment, to permit one, Was that the vast majority of states didn't have anybody living in them that had income higher enough to be taxed under the original proposal.
02:25:11.000So sure, once you have... But the same thing happened to state sales taxes.
02:25:15.000I can remember when the first sales tax was 1%.
02:25:36.000Now, where all this may end is that the dollar may simply collapse.
02:25:44.000It may lose its reserve currency role.
02:25:48.000In which case, it will be the end of the evil empire because the wars won't be, you can't finance them.
02:25:56.000The only way they can finance all of these wars and all of this military spending is that the dollar is a reserve currency and we can pay our bills simply by printing money.
02:26:09.000So if we lose that role, then you will see a collapse in the empire and you will also see a collapse in living standards because it would have a similar effect as a value-added tax in reducing people's incomes.
02:26:25.000Because the value of it would fall dramatically, and so all of the imports on which we are dependent would rise in price.
02:26:35.000And this would also have the effect of reducing Americans' real incomes.
02:26:39.000So for the future, Alex, it's going to be different than the past when people could look forward to a rising level of income.
02:26:47.000Now, I'm afraid, they'll have to look forward to declining levels of real income.
02:26:53.000All right, I want to take a few calls here in the end of this segment and the next with you.
02:26:56.000We really appreciate you spending time with us.
02:26:59.000But, you know, we know there's some global organization of this, but it's driven by the greed, the short-term view.
02:27:05.000But at the UN level, it's a long-term view.
02:27:08.000But it lends credence to what you're saying, that it's just a bunch of looters, and not organized at some point.
02:27:15.000Because I'm reading in Texas, and in Ohio, and in Michigan, and New Jersey, and all over, more than 10 states going bankrupt or on the verge.
02:27:23.000Some sheriffs and police departments slashing by more than half.
02:27:27.000Police saying, buy your own guns to protect yourself.
02:27:30.000As taxes go up, more and more goes to interest on the debt and to corporate welfare and actual road warrior type scenarios where one county in Ohio that has over 100,000 people will have one cop on duty for every shift from 116 that they had.
02:27:46.000I mean this, we're looking at potential road warrior type collapse.
02:28:44.000They said in Ohio, they were going to keep 49 of the 116 deputies and that now only one would be on patrol for the citizens, the rest out collecting revenue.
02:28:54.000So now they're admitting we're here to collect revenue.
02:29:29.000And we do know that the sort of economy we had that produced rising consumer incomes is being dismantled and that the more likely prospect is falling consumer income.
02:29:44.000So you get a mixture of a weaker, poor public and a stronger, less accountable government.
02:29:54.000I think that is enough to make us disturbed and wary when you see the people becoming economically weaker and the government becoming less accountable and more powerful, less restrained by law, by the Constitution.
02:30:11.000And that is the real dilemma that we're in.
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02:34:24.000I mean, it's really nice to talk to you.
02:34:26.000You've got a lot of experience on, you know, taxes and everything else, and where you came from in life as far as all the information that's been provided to you.
02:34:36.000I guess my question to you would be, in all of your research, what would the average individual, knowing... Okay, so they read your books and follow some of the... Yeah, what do we do about this?
02:35:16.000I mean, what do we do about this, Dr. Roberts?
02:35:20.000Well, we will not be able to do anything about it until it just falls apart.
02:35:28.000Though, you know, last week in one of the stands, part of the former Soviet Empire was in Kyrgyzstan.
02:35:38.000All of a sudden the people just revolted and threw the government out.
02:35:43.000And they did this despite being fired on by troops.
02:35:51.000So at some point, maybe people will have nothing left to lose and will revolt.
02:36:03.000The only other solution is A long-term solution of restoring veneration of the Constitution so that people say that's what's important is protecting the Constitution.
02:36:15.000We can't do anything that undermines the Constitution or the restraints that it places on government.
02:36:49.000Or we have a government, rather, controlled by organized looting groups.
02:36:55.000The big offshoring corporations, Wall Street, these are all gangster operations.
02:37:02.000Well, absolutely, by every yardstick, by every measurement.
02:37:05.000But I think it's important also just to point out their criminals and give people the alternative of the Republic, of the Bill of Rights, of the Constitution, so that people can recognize this tyranny and counter.
02:37:15.000I mean, I'm sure you saw the Wall Street Journal, where they admit that NBC and others have propaganda placement or behavior placement in the shows, brainwashing people with federal funds.
02:38:02.000And I know you're about to take some time off, and hopefully you'll be back doing talk radio in the future, how the economy was lost, the war of the worlds.
02:38:09.000Dr. Paul Craig Roberts, here's the book.
02:38:11.000Dr. Roberts, thank you so much for spending time with us.
02:38:14.000Well, thank you for sharing your audience, Alex.
02:38:31.000Premiering two hours from now at PrisonPlanet.TV, Invisible Empire, A New World Order Defined, and the next week, Police State, The Rise of FEMA.
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