On today's show, host Alex Blumberg is joined by Wayne Madsen to discuss a variety of topics including the BP oil disaster, the Deepwater Horizon disaster, and the ongoing BP scandal. Also, a special guest joins the show to discuss the Tea Party movement and Rand Paul.
00:00:01.000We're going to Wayne Madsen here in just a moment, and then into big news blitz coming up in the next hour while a guest joins us on a host of issues.
00:00:13.000But before I go any further, I want to thank the sponsors that make this radio show and everything else we do possible.
00:01:15.000You've heard their catchy jingle that everyone around the office sings.
00:01:20.000Because a lot of people have the show on and I can walk from office to office during breaks from room to room and hear basically everyone singing the jingle.
00:01:44.000And these things are double sewn in the crotch because that's where my jeans always seem to tear out when I pick up a box or something if they're Levi's made overseas.
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00:02:58.000We're going to talk about the major political realignment with Specter going down, Grayson, the Republican, going down to Rand Paul, other Republican and Democrat establishment people going down.
00:03:10.000The media has framed this as if the Tea Party movement is an anti-Democrat thing.
00:03:16.000But Rick Perry, Senator Cornyn and others were booed a year and a half ago here in Texas at tea parties.
00:03:22.000But the media has tried to make it a Republican issue.
00:03:26.000uh... so that uh... so-called left feels like they're not part of the political debate so they automatically are basically given the role of being pro-establishment when we're all in this together uh... so this this clearly shows a realignment and the system is panicking and they're trying to use ran paul as the figurehead to destroy him but as i told salon yesterday you are out of bullets in the mainstream media
00:03:52.000If you're an established Republican or Democrat, you are gone come November, Jones said.
00:03:57.000The good news is that people are coming in from both parties who have much better track records as constitutionalists and don't have these establishment pedigrees.
00:04:04.000He also warned the media against smearing Paul.
00:04:07.000The mainstream media doesn't understand.
00:04:24.000He's a D.C.-based investigative journalist, author, syndicate of columnists.
00:04:27.000He's written for The Village Voice, The Progressive, Counterpunch, Online Journal, CorpWatch.
00:04:31.000Multinational Monitor, News Leader, The Times, The American Conservative.
00:04:35.000His columns have appeared in the Miami Herald, Houston Chronicle, Philadelphia Inquirer, Atlanta Journal-Constitution.
00:04:40.000He wrote the Handbook of Personal Data Protection, Claim Reference Book on International Data Law, Genocide and Covered Operations in Africa.
00:04:59.000Criminal Tribunal, And of course he worked with the NSA and a bunch of other federal agencies, the Naval Data Automated Command Department of State.
00:05:07.000So we've got him on for the next 25 minutes to go over all these subjects.
00:05:11.000Wayne Madsen, what do you want to get into first?
00:05:13.000Of the subjects I've mentioned that you've been reporting on, what do you think is most important?
00:05:18.000Well, I normally cover Inside the Beltway, Alex, but actually this week I'm in Chicago because there's just a lot of stories about our current president and his, for lack of a better term, his cronies that have just gone unreported by the Chicago papers, which have basically been decimated.
00:05:39.000Sam Zell basically destroying the Chicago Trib, and the Sun-Times not in very good shape.
00:05:44.000And so I'm going to be intermittently now in Chicago from time to time to basically help pick up the slack that the few investigative journalists in this city can't get to a lot of these stories.
00:06:01.000In just a few days I've been here, all I can say is the person who's in the White House, who we all see, is not the person who is the President.
00:06:31.000Well, let's just start with the Blagojevich trial.
00:06:36.000It's very clear that Blagojevich, like many of his predecessors as governors of Illinois, there's been many who have been indicted and many have gone to jail.
00:06:47.000Otto Kerner and Walker and even Blagojevich's predecessor, Republican George Ryan.
00:06:53.000But when we look at this case against Blagojevich, what we have is Patrick Fitzgerald, who's a dirty U.S.
00:07:00.000prosecuting attorney here in Illinois, cutting a deal with people like Rahm Emanuel and Obama, put the attention on Blagojevich, only concentrate on certain segments of of wiretap information.
00:07:17.000Don't listen to the other 500 hours of wiretaps that would implicate Mr. Obama, Mr. Emanuel, and others, including Alex Giannulis, who's running for the U.S. Senate, Obama's good buddy, whose bank, Broadway Bank, failed.
00:07:35.000And Broadway Bank made loans, the initial loan to ResCo We know that Resco put up the money for Obama to buy this $500,000 home in Hyde Park near the University of Chicago, which is not a bad section, by the way, of the South Side.
00:07:50.000So what we have is Resco being indicted, Blagojevich being indicted, and it's very clear to me that those indictments should have also been served to Rahm Emanuel.
00:08:01.000Barack Obama, and potentially an individual who voluntarily gave up her law license rather than face a major civil suit.
00:08:12.000The records of the Supreme Court of Illinois, the disciplinary board, have been sealed, and the person who voluntarily gave up her law license was Michelle Obama, First Lady.
00:08:24.000You just made me have a double-tick there.
00:08:27.000Did you say Rahm Emanuel and Obama, you believe, have been served secret indictments?
00:08:35.000But the concentration, of course, by Fitzgerald, who was kept on, Bush's U.S.
00:08:40.000attorney, has been on Blavish, Resco, and, you know, the fair game, when in fact there should be, if we had a decent U.S.
00:08:50.000attorney here in in northern Illinois who was really interested in going after corruption, we would actually, if it was an honest U.S. attorney, we would have had indictments issued against Obama, Rahm Emanuel, and Valerie Jarrett, who's his policy advisor, and a number of the other cronies, probably and a number of the other cronies, probably including the Secretary of Education, Arne Duncan.
00:09:13.000All these people who were Obama's friends and cronies.
00:09:17.000And I should add that one of them, of course, is Elena Kagan, who now has been nominated for the Supreme Court.
00:09:27.000Did they choose Obama not just because he's good looking and can read off a teleprompter well, but because he's so compromised with all of these mafia connections?
00:09:52.000Apparently, it only had 22,000 miles on it.
00:09:55.000But even at 22,000 miles, apparently the tires were so beat up, I have to imagine this guy was peeling rubber on the streets of Chicago.
00:10:05.000Running around town, but you know, here's a guy who, he and his wife were being harassed by creditors, credit card collection agencies, and you know, they had three salaries.
00:10:16.000His is Illinois State Senator, his is a part-time professor at the University of Chicago, and her salary, and yet they couldn't make ends meet.
00:10:24.000I mean, if he couldn't pay his own bills then, maybe that's why he can't pay the country's bills today.
00:10:31.000Well, he's admitted to drug use, and there's a lot of evidence that he used a lot of hard drugs.
00:10:35.000Maybe that's why he didn't have money.
00:10:37.000Right, and also there are reports of other extracurricular activities he engaged in here.
00:10:44.000Well, Wayne, you've always got some of the best sources out there, and it would be a big blackmail tool, but I mean, is there credible evidence you're starting to run into that he is bisexual?
00:10:56.000Yes, and it's known here in Chicago, it's known among members of the African American community, and let's just say, I mean, where was the media?
00:11:10.000Unfortunately, the media, the Chicago media couldn't go very far on this because of what's happened to the, many of the reporters at the Chicago Tribune have been laid off because of this.
00:11:20.000this slumlord, real estate tycoon Sam Zell, and of course the Chicago Sun-Times, basically up for grabs.
00:11:29.000They've gone through a huge reduction in staff.
00:11:33.000So you're there on this story, shifting gears again.
00:11:37.000What's the word in Washington on Elena Kagan?
00:11:39.000Is she just somebody they're throwing out there with no judicial experience, who's anti-free speech, anti-Second Amendment, knowing that she'll just take all the fire, and then who they really want will come in after her?
00:11:51.000Or do you think they're really this arrogant to try to put her in?
00:11:54.000No, because you see who they're lining up.
00:11:57.000They're lining up all the judicial experts and bar association cronies are all saying, oh, she's so wonderful.
00:12:08.000But see, Lyndon Johnson put Abe Fortas on the court, but he had to finally step down because he got implicated in all kinds of scandals and crony deals.
00:12:19.000And she's involved with Goldman Sachs up to her eyebrows.
00:12:24.000Yeah, but see, they know that today you can't get rid of somebody on the court like they did eight quarters because once they're there now, you could get them for evidence of being an axe murderer and it would probably be impossible to get them off the court.
00:12:39.000Now, the media needs to go ahead and bring out the fact that she is a lesbian so that they can't use that against her for blackmail later.
00:12:48.000I mean, isn't it important for her to come out with her sexuality?
00:12:52.000I mean, how controlled is the media that only CBS News has reported on this?
00:12:57.000Yeah, I mean the media is totally controlled and you know the people in the legal community who are coming to her defense and praising her.
00:13:04.000Look, this is part of the whole inside the D.C.
00:13:39.000In free fall, markets down worldwide, the euro in danger of collapsing.
00:13:46.000What's your research on where this is going?
00:13:49.000Well, I think we're seeing a meltdown.
00:13:52.000Certainly, you know, we saw what happened in Thailand where there was a Tiananmen Square-style massacre.
00:14:00.000The farmers who came in were very upset about what's going on in that country with more money going to the elite.
00:14:07.000My prediction there is that Thailand will now be engaged in a full-scale civil war, with the have-nots going after the haves, especially in the smaller cities and in the rural areas.
00:14:20.000Greece, they're marching on the Parliament today.
00:14:24.000They again are trying to take it over.
00:14:25.000The deals worked out with Spain and Portugal, and there was an attempt to storm the Irish Parliament a few weeks ago.
00:14:34.000Iceland, you know, the people there are not going to pay for it.
00:14:38.000I think people just had, now we hear Sarkozy threatening to pull out of the euro, Merkel banning naked short selling in Germany.
00:14:46.000I think maybe some of these leaders are starting to hear the message.
00:14:49.000They should have heard it earlier on, but I think they're worried.
00:14:53.000I think the reason they're taking these actions is they're very worried about what they're seeing on the streets, you know?
00:14:59.000Shopping malls going up in flames in Bangkok.
00:15:12.000And now we see the Gulf of Mexico turning into a dead zone, and I just wonder how long it's going to take for people to reach that level of frustration here.
00:15:23.000I would note that more people filed for unemployment last month than previously, so Obama's all his brouhaha about unemployment coming down is merely rhetoric and not even true.
00:15:38.000Well, going back to domestic developments, and we're going to come back and talk about your research and the story you've got out about BP and the admitted cover up there.
00:15:47.000I mean, every day they admit it was worse than what they had originally said, and they knowingly lied.
00:15:51.000But Rand Paul winning the primary in Kentucky by 30-plus points, the Republican incumbent losing in the primary in Utah, Specter going down.
00:16:02.000Zbigniew Brzezinski coming out on video and saying the world has never been this awake to our world government.
00:16:12.000I mean they are not invincible are they?
00:16:14.000No, and I think what they're saying, as I said, you know, when people are getting, you know, thousands, tens of thousands of people hit the streets, go on general strikes.
00:16:26.000We're seeing it all over Europe and Asia.
00:16:30.000We remember the food riots a few years ago popping up in places like Haiti and in Africa.
00:16:49.000Uh, and, uh, what now they did, again, the Gulf Coast being decimated, as it was.
00:16:54.000They were just coming back from Katrina.
00:16:56.000They wouldn't, you know, never get back to where they were.
00:16:58.000And now this happens, and we find out that, uh, The White House, the Coast Guard, Janet Napolitano, head of Homeland Security that controls the Coast Guard, are engaged in this massive cover-up and providing cover for BP.
00:18:39.000Remember, in a real crisis, non-hybrid seeds are the ultimate barter item.
00:18:45.000This is Alex Jones for SurvivalSeedBank.com.
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00:20:47.000Okay, Wayne, you got cut off by that break.
00:21:01.000Wayne Madsen on waynemadsenreport.com, investigative journalist.
00:21:04.000You were getting down to the bottom line with what's happening with BP.
00:21:10.000They've got this plant that they've expanded on Lake Michigan that's processing heavy Canadian crude.
00:21:16.000They have reneged on all the promises they made to the court when the environmental groups up here sued BP.
00:21:24.000The courts, of course, like many, were found in their favor, but said they promised they would take mitigating measures.
00:21:32.000They would do this mitigation to prevent their increased pollution from having an effect on Lake Michigan.
00:21:38.000But what I'm told here is that this Hammond Refinery is an accident waiting to happen.
00:21:43.000They have a record of safety violations, environmental violations, and that what's going on in the Gulf of Mexico today could easily happen to Lake Michigan.
00:21:53.000It'll affect not only the city of Chicago, but all the other and towns on Lake Michigan.
00:22:00.000And the Obama administration has done nothing.
00:22:04.000EPA Administrator Lisa Jackson has done nothing to hold BP's feet to the fire, just like we're seeing them provide cover for them in the Gulf.
00:22:12.000And I would note that when this issue came up with the expansion of the refinery in Hammond, Indiana, BP was caught while they were taking full-page ads out in papers, defending its position, defending the plant, defending its request for a permit to expand the plant.
00:22:29.000But it was also found out they were paying Internet bloggers to go out and trash anybody who criticized, Have you seen the CBS news piece?
00:22:38.000of the plant, and I would note that that's going on right now with people who are reporting, including Mike Stahl, people who are reporting what the government's covering up in the Gulf of Mexico.
00:22:47.000BP is paying internet bloggers and their sponsoring websites to attack any information that runs counter to their PR department.
00:22:56.000Well, that was my next point, is have you seen the CBS news piece?
00:23:02.000I have, and this is no, because we're not What I reported is the Coast Guard is part of the problem.
00:23:06.000It's part of the Homeland Security Department under Napolitano.
00:23:10.000The Coast Guard is basically covering for BP on orders of Napolitano.
00:23:19.000Really irritating people that I'm hearing from with the Army Corps of Engineers.
00:23:23.000And believe it or not, FEMA comes out smelling like a rose here.
00:23:26.000FEMA's really upset that what they're seeing with NOAA and the Coast Guard and the EPA covering up for what they've seen as a huge disaster.
00:23:38.000Well, for those who just joined us, All over the Gulf Coast, if anybody tries to go up, including CBS News, with video cameras on public beaches to show the oil, armed men come up and say, get out of here.
00:23:52.000And going back three years ago, a few years after Katrina, Greg Palast of the BBC was working for ABC on the story.
00:23:58.000He went and showed one of these FEMA facilities that was holding people.
00:24:03.000You know, in these trailers of these emergency communities, and Pallas tried to videotape that was right next to a chemical dump, and they put out an arrest warrant for him that got retracted for terrorism, for violating national infrastructure security.
00:24:19.000So, if we're wondering where the government's going under the Patriot Act, they are using it to cover up real environmental problems.
00:24:26.000Hey, you know in that CBS video, that footage, the two Coast Guard guys tell CBS, the CBS crew, we're following BP rules here.
00:24:51.000I mean, all over the nation, you'll try to videotape, you know, a police car from a hundred yards away, and they'll come over and say, turn your camera off and arrest you.
00:24:59.000Or you try to show what BP's doing, you know, they threaten to arrest you.
00:27:28.000Wayne Madsen, if you're going to be spending a lot of time in Chicago, I was asking you during the last break that, you know, Could this be what unravels Obama?
00:27:35.000And you said, absolutely, that's why I'm here.
00:27:38.000And you were saying the conventional wisdom on the street is, he's not going to be running for re-election.
00:27:42.000And we've even had Howard Dean coming out saying he may run, and that they may run other Democrats against him.
00:27:47.000So the bigger they are, the harder they fall.
00:27:50.000They built this guy up like it was the second coming of Christ.
00:27:54.000But boy, I tell you, he is crashing and burning.
00:28:49.000Now from your sources, is he bisexual or is the, what do they call that in Hollywood, is his wife and kids a beard?
00:28:58.000Uh, well it would be, the wife would be a beard, absolutely would be a beard.
00:29:04.000Look, there's a big scandal here with the Republican candidate for Senate, Kirk, now being outed as part of this gay ring along with Dennis Hastert and Mark Foley.
00:29:15.000So, you know, it's in both parties in this state.
00:29:20.000I mean, I have nothing against gay people, but why is it in Rome or anywhere else, when in the decline, it becomes like a guild, and the only people they're outing are the straights?
00:29:30.000Yeah, the problem with Kirk is he's apparently a Naval Reserve officer, Navy Intelligence.
00:29:35.000So here we go with not only the Don't Ask, Don't Tell issue, but also highly blackmailable.
00:29:40.000Now he wants to be the United States Senator, filling Obama's old seat from Illinois.
00:29:48.000So you predict curtains for Obama unless they launch an Iran war?
00:29:53.000Or what's your intel on how the establishment's going to try to finesse and finagle their way out of this?
00:29:59.000I think they could launch an Iran war and also say to Obama, you know, go ahead, go make a lot more money than Bill Clinton and we'll have another person we'll invest in, you know, bring in as the presidential candidate.
00:30:13.000And again, folks, Wayne Madsen doesn't just say things.
00:30:30.000And remember, I supported Obama, but I put myself in the category of people that didn't do their job properly and investigate him.
00:30:37.000But the secrets were all here in Chicago, and there was just so many stories and so few people willing to dig deep on them.
00:30:49.000Because, as I mentioned, the Chicago newspapers have basically been destroyed.
00:30:54.000Well, you know, Bush was so bad, you would think Anything could be better and then it just gets worse and I think it's the establishment has committed so many crimes, why not commit a million more?
00:31:05.000Do you agree with me that all their chips are in though?
00:31:07.000I mean the establishment is going for broke.
00:31:10.000Well, I think that, you know, it's like a wild animal, when cornered or treed, they lash out.
00:31:17.000And I think that's exactly what these people are capable of doing.
00:31:22.000We don't know, you know, they still have a lot of influence, they still have a lot of power.
00:31:27.000What they're capable of, and certainly starting a war would be something, they've opted for that in the past, they would opt for it again in the future, but I think maybe the people around the world are a little wise to their Absolutely.
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00:33:51.000A New World Order based upon collective action.
00:33:55.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
00:34:00.000The New World Order really is a tool for addressing a new world of possibilities.
00:34:04.000It means all the world under their control.
00:34:07.000The United Nations would take over America.
00:34:09.000The Trilateral Commission would control the world.
00:34:12.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
00:34:20.000I believe first of all that we now need nothing short of a world constitution for the global financial system.
00:34:26.000Global governance with the establishment of the G20.
00:34:28.000So it's going to be an inner ruling elite and then everyone else.
00:36:29.000And they just go out to public events and show the police state and confront globalists.
00:36:35.000There he was confronting the new British Prime Minister, David Cameron, and shutting down their press conference.
00:36:43.000And it's another example of the effect you can have by just confronting these people with the truth and the facts.
00:36:50.000They've been arrested for videotaping, they've been arrested for publicly speaking, they've been locked up by security guards, they've been harassed because England has become a police state.
00:37:00.000Two years ago they changed the law where you can't videotape in public or they arrest you as a terrorist, but the government's going to watch you and track what you're doing.
00:37:09.000And more and more the media, not just alternative media, is standing up and saying, no, we must resist these tyrants.
00:37:15.000Charlie, it's good to have you on with us from the UK today.
00:37:22.000Hello Alex, how are things over in the States?
00:37:26.000So much is going on in the world today and we see incumbents being thrown out here in the U.S.
00:37:32.000We see rioting starting all over the world.
00:37:35.000We see the world financial market basically imploding.
00:37:40.000Tell us a little bit about yourself and going from just somebody trying to shoot video in London being harassed to now starting to love police that's starting to catch on.
00:39:21.000I feel very happy doing what I'm doing because when you do what's right, it feels automatically fun.
00:39:27.000And I have to admit, what I do with the camera and the megaphone is very good fun because I can't see myself doing anything else.
00:39:33.000You call your channel InfoWars and I believe we are in a war for people's consciousness.
00:39:38.000It is a war for equality and what the elites are trying to do, the international financiers, is to dehumanize everyone to the point where we don't even think that we should be allowed to live.
00:39:48.000And I have friends, my own friends, close people to me who Who think we should wipe each other out, who think that we need a virus to wipe us out.
00:39:56.000And this is what I'm trying to fight against.
00:39:58.000Like, the point of the Love Police is to lower fear and raise love.
00:40:01.000And the best way to do that is to shine a light on these puppets and show the people, the great masses, that we have nothing to be scared of them.
00:40:09.000And great evil things bring out the best in people.
00:40:13.000Well normally you are loving when you're just out in the middle of the street or on the sidewalk in London and police come over and say you can't film, you can't talk to fellow people in England and really illustrating just how out of control the police state is.
00:40:31.000And I remember five years ago in England they started putting Tracker RFID chips in the trash bins.
00:40:37.000Now that's coming to Virginia and Texas and California.
00:40:41.000I remember five, six years ago, remote control thermostats in people's homes in England, where the government tracks everything you do and controls your thermostat.
00:40:50.000Now that's coming here to the United States.
00:40:53.000The police taking DNA at checkpoints started six, seven, eight years ago in England.
00:41:00.000So, England is always five, six, seven years, depending on what issue, ahead of us.
00:41:06.000England in the last five years has started making people take satellite tracker boxes in their cars to tax them by the mile in many cities.
00:41:13.000Or using the license plates to turn regular roads into toll roads with license plate identification systems.
00:41:25.000The center of one of the most wicked empires on earth being the British Empire.
00:41:30.000That model, according to Carol Quigley at Georgetown, Bill Clinton's mentor, is the British Empire model.
00:41:36.000Not so much the British Empire itself, though it is now bigger in the banking system than even New York.
00:41:41.000But the system, you know, it's not the Irish or the Scottish or the English that are bad.
00:41:47.000It's not the American people that are bad.
00:41:48.000It's not the Mexican government, the Mexican people that are bad.
00:41:52.000It's the Mexican government that's bad.
00:41:54.000It's not the Chinese people that are bad.
00:41:55.000It's the Chinese government that's bad.
00:41:58.000Because in history, governments tend to be ruthless and controlling, and there's no doubt they're working together to bring in this world tyranny against we the people.
00:42:06.000So break down the transformation in your lifetime of what the UK has turned into as a warning to the rest of the world because you were definitely sitting in the Orwellian Airstrip 1, the model for the rest of the globe.
00:42:19.000Yeah, we are the airstrip for America and the British Cabal to launch their operations around the world.
00:42:24.000What I've seen in my lifetime is, just in the last 5-10 years, the incredible CCTV control, the cameras all over London.
00:42:34.000You can't walk around London without getting filmed by at least 300 cameras.
00:42:39.000And one thing we always try and say to the Love Police, if they can film us, surely we can film them.
00:42:43.000If they're going to be tracking us, we can track them.
00:42:54.000It's people trying to tell us what to do.
00:42:56.000And I personally, Alex, I am a philosophical anarchist.
00:43:00.000I think government is totally the problem, and the world is awakening now to a point where we will not need these antiquated control systems.
00:43:08.000So as your last caller said, yeah, they're going to throw everything at us now to try and control us and make us scared.
00:43:13.000You see them crisscrossing the skies with all sorts of nasty pollutants.
00:43:17.000They're putting all these horrible chemicals in our food and water, but it doesn't help them.
00:43:23.000He knows that there is some special quantum force in the universe which will help people if you just do what's right.
00:43:29.000So what we have is just a few years to kind of try and wake everyone else up.
00:43:33.000But coming back to your question, what I've seen in the last few years is now we have private police forces.
00:43:39.000We have private employees with police powers patrolling the streets, the train stations, the airports, and they answer to a corporate boss.
00:43:47.000And as Benito Mussolini, the Italian fascist dictator, said, the corporate state is the fascist state, and it is very evident in London right now, Alex.
00:43:56.000Well, I've got three articles today with census workers raping people, attacking people with attack dogs they bring to the door now as part of their petty power trip.
00:44:07.000Census workers who are convicted pedophiles.
00:44:10.000The government knew the guy was a pedophile and hired him.
00:44:13.000More and more of the TSA workers are robbing people, raping women, going crazy and announcing, I'm God, I'm God.
00:44:21.000Now several of them have just had complete Delusions of grandeur, believing they're God.
00:44:26.000They're also taking all these dumbed down fluoride heads, who've been watching television their whole life, who literally have shriveled brains, and giving them power.
00:44:40.000And that's what's even more sickening about tyranny.
00:44:42.000It's not just the far-off elitist robbing you, but you've got to put up with lesser men and women who can't get a real job, who are petty.
00:44:50.000You know, a real man is ashamed to exercise undue power on people and to make people grovel.
00:44:57.000But petty scum can find a million positions in this archipelago of control freak behavior.
00:45:06.000And so tyranny is a wonderland uh... of of corruption and then the government with taxpayer money is to decide what films get made and and what the people see i mean it's a bunch of scum playing god and i am just not gonna let a bunch of pedophiles with machine guns run my life Alex, you're absolutely right about the pedophile thing at the top.
00:45:29.000It's exploding now in Scotland with a case of a girl with Down Syndrome.
00:45:33.000The Scottish elite, the legal and police and government elite, there was a pedophile cabal abusing a disabled young girl called Holly Gregg.
00:45:42.000Well, how many, and we've covered that, but how many Homeland Security state heads have been caught being pedophiles?
00:45:48.000I mean, we have to understand, how do you get people that'll steal bank accounts, rob, torture, lie, listen to people illegally?
00:46:16.000The times I get arrested, there's always a few policemen in the station that come to my cell, shake my hand, tell me I'm doing great work, that they are also concerned.
00:46:25.000There are good people in the military, there's good people in the police, and the job of the love police is to communicate with as many police as possible in London, give them hugs, remind them of their humanity, and also remind them what kind of world that they're going to be bringing in for their children and grandchildren.
00:46:39.000So it's not just a resistance thing, it's also a reminder to people of just how glorious and special they are.
00:46:44.000And that we're all humans, we're all humans, and we shouldn't serve the potbellies.
00:46:48.000This is Alex Jones with five good reasons you should consider buying a solar power generator.
00:46:52.000Number one, new climate legislation could easily double or triple your electric bill.
00:46:57.000Number two, our new energy czar wants to control how much power your electric company allows you to have.
00:47:56.000You wouldn't buy gold if you believed that the government is doing a great job, that the Fed will stop handing out trillions of dollars like bailout candy, that Social Security would be there for you.
00:48:07.000You might even pass on gold if the stimulus package wouldn't fuel inflation, or that the dollar wouldn't lose value, or that your retirement would be secure.
00:48:15.000If all looks rosy to you, then now is not the time to buy gold.
00:48:19.000For the realists, there have never been more sobering reasons to diversify with gold.
00:49:39.000Secure your copy today at InfoWars.com or see it online in the highest quality at PrisonPlanet.tv Hounded by debt collectors with phone calls and letters?
00:49:51.000Thinking of calling a debt relief company?
00:51:01.000We're going to be taking your calls coming up some in the next segment about political activism, what's happening in the world, any news items you want to mention.
00:51:07.000I'm going to hit some other news stories as well.
00:51:09.000We've got some really important news coming up on the financial front in the next hour with a political researcher and a financial author dealing with state banks, taking the power of currency and giving it back to the people, the power of credit.
00:51:25.000And dealing with some of the state banks around the country.
00:52:00.000I think one thing that's important for people to know, you know the film The Matrix, how there's Neo, the character played by Keanu Reeves, that's an anagram of the One.
00:52:09.000And when everyone realizes that they are the One, they have that connection to the Source themselves, to whichever religion or spirituality you believe in.
00:52:16.000You are an infinite power and you have nothing to be scared of from these pathetic, controlling tyrants.
00:52:22.000And one thing that we like to do at The Love Police is to put these videos out there.
00:52:26.000We never force people to watch them, but it just shows people that you can do this and survive and be happy and have a great life just by being a decent human being.
00:52:34.000And to me, being a decent human being is standing up against anyone who attempts to destroy and poison my fellow human beings, and including me.
00:52:44.000For many years I was living under the mass hypnosis illusion that things were okay.
00:52:48.000I was a big believer in the mainstream media.
00:52:50.000I even joined the armed forces after September the 11th for the British Army because I wanted to go out there and kill terrorists because I believed it.
00:52:58.000And you don't know how upset and angry I am and I'm not sure yet I'll be able to forgive those people who lied to me and who lied to all those other young men and women who joined the armed forces thinking they're fighting for freedom when in fact they're fighting for Halliburton.
00:54:04.000And I'm seeing articles every day of people losing their houses for parking tickets or for water bills.
00:54:11.000And everybody I know who is not doing well financially all over the country is getting calls now where collection agencies for the government are threatening you with jail if you don't pay them.
00:54:24.000The taxes are all going up but the infrastructure is falling apart because almost all the money is going to the bankers like it's Nigeria or Argentina.
00:54:32.000And here's one out of the Huffington Post.
00:54:35.000Woman's home confiscated over small water bill.
00:54:39.000They now take your house over a $362 bill.
00:54:43.000I mean, if this isn't tyranny, I don't know what it is.
00:54:49.000But one thing I can say, I'm always an optimist, Alex.
00:54:51.000I like to always look on the bright side.
00:54:53.000But these mistakes they made, this tyranny they imposed, it wakes up people at a much more accelerated pace.
00:54:59.000And what I think, it's the bankers that cause this financial crisis.
00:55:02.000And if it's the bankers trying to take your house, what people need to do en masse is start barricading themselves, you know, getting themselves able to mount a defensive front against anyone who attempts to come to their house and pick them out.
00:55:14.000And I also think people need to stand together.
00:55:17.000There was actually a writer from Soviet Russia called Solzhenitsyn, and he said that when they were coming round for the mass roundups of political dissidents, what he says is that they didn't value freedom enough.
00:55:29.000People should have set up ambushes in staircases using Baseball bats, or hammers, or pots and pans.
00:55:35.000And he said that if people did a massive rise up, the state does not have enough thugs to round up hundreds of thousands of people if a few hundred of them are starting to fight back.
00:55:46.000Yeah guys, print me the Alexander Shultz-Enitsen quote.
00:55:49.000It starts with Alexander Shultz-Enitsen, oh how we burned in the camps later, wishing that when the NKVD that arrested, in the case he was talking about in In Leningrad, more than half the population and took many of them to their deaths.
00:56:06.000But according to the government today, that's a good thing to be taken away to your death.
00:56:10.000And here in the U.S., they're openly proposing arresting people, the Pentagon, with no charges, no nothing, secretly stripping you of your citizenship and disappearing you into a black hole.
00:56:23.000While Salon calls me up saying, oh Alex, you're making up the FEMA camps, as they openly admit they're building the camps.
00:56:31.000Long segment coming up will cover Shultz and Eatson's quote and a lot more.
01:00:09.000Not only is a foreign dictator who wasn't elected, that's on record, who set up a total police state, a narco-terrorist state that's waging a war against other cartels that aren't laundering money through U.S.
01:00:22.000Not only is he here telling 30 million illegal aliens to politically rise up in our country, a foreign leader with a group of people that see themselves as foreigners, he now wants our Second Amendment and is blaming violence in his repressed country where no citizen can own guns.
01:00:43.000And we are defeating the establishment right now, peacefully, with political information.
01:00:49.000That's why Cass Sunstein and Kagan and all these globalists are saying, censor the internet, censor free speech, shut us down.
01:00:57.000Because they can't get away with this if our voices are being heard.
01:01:00.000And so they're now coming out Conditioning and acclimating and testing the water, sending up trial balloons, to openly shut down free speech.
01:01:09.000And every time the media calls me, they say, are you causing violence?
01:01:15.000Which we're speaking out against violence.
01:01:17.000But what does it lead to when they say, we're going to start arresting you and disappearing you into a gulag, or worse, and no one will even know we took you?
01:01:32.000And then it leads us to the point of, when the secret police are coming to drag you away, then people are going to be forced to physically resist.
01:01:40.000That's why Oath Keepers is so important.
01:01:42.000That's why we're reaching out to military and police right now, like our lives depend on it, because they do.
01:02:03.000And how we burned in the camps later thinking, what would things have been like if every security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say goodbye to his family?
01:02:15.000Or if, during periods of mass arrest, As for example in Leningrad, when they arrested a quarter of the entire city, some estimates are almost half, but that was in one period.
01:02:25.000Or, if during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, pawling with terror at every bang of the downstairs door, at every step on the staircase, but had understood that they had nothing left to lose and had boldly set up in the downstairs hall an ambush of a half-dozen people with axes, hammers, pokers, or whatever else they had at hand.
01:02:51.000The organs would very quickly have suffered a shortage of officers and transport and notwithstanding all of Stalin's thirst, the cursed machine would have ground to a halt if, if we didn't love freedom enough and even more We had no awareness of the real situation.
01:03:11.000We purely and simply deserved everything that happened afterward, Alexander Schultz and Aitzen.
01:03:45.000Americans were once again forced to endure the dictator of a failed state which represses and subjugates its citizens as a matter of course lecturing the U.S.
01:03:54.000about how his people were being discriminated against yesterday when unelected Mexican President Felipe Calderon bashed the Arizona Illegal immigration law.
01:04:04.000Calderon commented, such laws as an Arizona law is forcing our people to face discrimination during a White House meeting.
01:04:11.000Calderon later attacked the Second Amendment in a speech to the U.S.
01:04:23.000This is a foreign leader trying to invoke sedition in our country!
01:04:27.000Blaming Mexico's spiraling drug violence on guns being smuggled from inside America, though the studies show over 90% are being bought by the army and then sold, while failing to mention the fact that the lax border security, something we vehemently support, but only on American borders, is the primary cause of the problem.
01:04:45.000And he says Calderon's use of the term our people is a slap in the face of every American and every Hispanic American who has immigrated legally.
01:04:52.000Since when did the leader of a foreign nation address his own constituency from within An entirely different country.
01:05:00.000If the millions of illegal aliens living in America see themselves as Mexicans, then why do they insist on staying in the U.S.
01:05:06.000Well, because they say this is Mexico.
01:05:08.000But if the Mexican system is so good, why don't you stay in Mexico then?
01:05:12.000Now, expanding on that, we played a video clip earlier, and I don't know if Watson has this in the article, where Obama said, we've gone past our borders.
01:05:24.000Going back to Charlie Veitch of the Love Police, they're doing the same thing in England, bringing in masses of foreigners who are just human beings too, but then playing them off against the rest of the people in the country as a political weapon and as a tool of balkanization.
01:05:43.000Absolutely Alex, I'm happy you brought that up because in many of my films many of the commenters notice how the most aggressive physically people are the non-native British and as you say they're human beings as well but these are people from Rwanda or from Sudan or from Serbia, Bosnia who've been through a war a war zone and now they've been given a police community support officer with police powers uniform and they are violent!
01:06:09.000I've never had a A native gentleman Englishman, a policeman, hit me.
01:06:15.000But I have had security thugs from Eastern Europe and from Africa, you know.
01:06:20.000God bless them, but they... Let me just interrupt again.
01:06:23.000I had a Member of Parliament on a few months ago and he admitted that over half of the CPS workers kidnapping kids are foreigners as well who can't even speak English.
01:07:00.000Well, it is scary to say there's a world government that plans to implode economies by design by selling fraudulent derivatives to government and then loaning the government's more fiat money.
01:07:10.000It is scary they're putting poison in the water.
01:07:12.000It is scary they launched two illegal wars and are about to go into Iran.
01:07:16.000It is scary that they're setting up this police state and bringing in foreigners to rule over us.
01:07:21.000It is scary that tens of trillions have been stolen and the whole world is on the verge of financial collapse.
01:07:27.000Again, that's a child-like mind that thinks that I'm saying something so that creates the fear.
01:07:33.000If I live in a valley and a huge dam breaks and the alarms go off saying, get out, you've got five minutes, 30 feet of fast-moving water is coming, it will kill you, am I a fear monger if I get on the radio of a dam broke and told people get to high ground?
01:07:50.000And were those people in the Warsaw Jewish uprising, were they fear mongers for telling the other Jewish people that the Nazis were coming to kill them?
01:07:58.000Were they fear mongers for rising up against the Nazis in a last-bit attempt to save their lives and their friends' lives?
01:08:04.000They were just looking at the truth and acting as a decent, you know, as a kind of conscious human being should.
01:08:11.000Versus all the other footage we've seen of Jewish families and others They'd separate the kids and send them off to be killed, and they'd run the women into pits naked, the men into pits, and shoot them, and the next group, seeing them being herded in to be shot, would still run right in, like gentlemen, to be killed.
01:09:34.000Yeah, it is very scary when we realize we are living in those crazy films that we never thought would come true, but this is reality now.
01:09:41.000This is actually happening, and I wish people could see this, and I wish people would stop projecting their own fears onto us, saying that we are fearmongers for talking about this.
01:09:51.000All we're doing is saying this isn't how it should be.
01:09:54.000In the news in England and the US saying they want to be able to arrest us and there be no record of where we went and that we can even be tortured.
01:10:37.000Yeah, I'm just going through my mind all the different times when police have arrested me under a public order offence for talking about the connection between big business and war, for talking about how only countries with oil seem to get invaded.
01:12:00.000So, Same thing with cops, big hats with big glistening signets on them, and logos, and big giant monolithic government buildings to send the message, we're the big government, you're little.
01:12:11.000They send that message by design to separate the government uh... from the people but but specifically i've seen the videos of this it's almost as seen in new york we are change the cops that can barely speak english from all over the world chinese russian you name it polish uh... mexican they Literally can't speak English when they walk over and go, turn your camera off!
01:12:48.000They're bringing the foreigners in to be our rulers.
01:12:51.000Yeah, and they've done this throughout history.
01:12:53.000You know, in the Chinese, when the Tiananmen Square thing, you know, China's a country of like 200 different ethnicities, and what they did when they, to Beijing, they brought in farmers, farmer troops from the rural areas who had no problem shooting people who weren't like them, and they do in Britain right now as well, you know, got all these people from different countries.
01:13:10.000They don't feel that same, maybe, bond with British people.
01:14:12.000Alex, I had a very close friend of mine who was doing Love Police films with me.
01:14:15.000I'm gonna respect his privacy, but he got arrested and he's got three children.
01:14:21.000And the police said, unless you comply with us and bow down and stop doing these films, we will get a psychiatrist here and section you, which means to keep you under the Mental Health Act, you will lose your children.
01:14:32.000And that's how they shut him up, and luckily I don't have kids, but it is a psychological battle.
01:14:37.000And it makes me despair sometimes, but I am very optimistic.
01:15:11.000They're already soft-killing them right now.
01:15:13.000But the good news is, the people are breaking the spell, and we're not going along with it.
01:15:18.000So, I mean, my God, that is Soviet-level tyranny.
01:15:21.000So they said, we're going to take your kids if you don't stop going out peacefully and speaking on the streets Yeah, his main message was everything is okay.
01:15:31.000He was a very spiritual man, still is, and he went out there just wanting to lower fear around people.
01:15:36.000And they, I don't know if they were physical with him, but they were certainly psychological in a Soviet way.
01:15:41.000And actually just this week in Norway, a friend of mine said there's a doctor been thrown in a psychiatric institution for speaking out against the swine flu vaccine.
01:15:50.000And Norway is probably, you know, people don't know this, one of the last few truly communitarian communist countries in Europe.
01:16:37.000They told him People can go watch the videos.
01:16:41.000You're not going to go to a town square and talk to people and come up to police and say, we care about you, we're all humans together, we eat at the same restaurants, same grocery stores, our children are growing up, look at this police state, you know, let's care about each other, and that's just, we're taking your kids.
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01:22:10.000So I guess Calling somebody an American is like a big insult?
01:22:14.000Yeah, well what it is Alex, it's from World War II when a lot of the GIs were over in Britain and obviously American men probably a bit more tanned, a bit more muscular than some of the English and so they got lots of English girls and there was a big resentment amongst English men about the Yanks and Bertie Thomas, you know, being very boisterous and having fun and enjoying the women.
01:22:33.000So it is a 60-year-old racism against It's all about divide and conquer.
01:26:45.000We've got an author coming up to discuss the State Bank of North Dakota and more how to take our monetary system back from the offshore bankers.
01:27:02.000We're in our final segment with Charlie Veach and we've got links up to his website at InfoWars.com and PrisonPlanet.com.
01:27:11.000Thank you, Alex, and thank you, Charlie.
01:27:13.000Veach.org, just see in front of the name Veach.org, that's the Lubb Police taking action, doing a great job, and being persecuted.
01:27:20.000Because that's when you really know how evil these governments are, is when you actually stand up against them.
01:27:24.000And it's only going to get worse unless we stand up now together.
01:27:27.000We outnumber them 1,000 to 1, and they know that.
01:27:30.000Mark in Philly, you're on the air for our guests.
01:29:07.000It's an ongoing battle between left brain and right brain, between the machine hearts and machine minds and the spiritual, alive human beings.
01:29:15.000The machine men, they hate us because they are so jealous of the love that we have in our hearts.
01:29:21.000They are so jealous of the fact that we don't give up, that we actually stand for truth and for each other.
01:29:27.000So they will always try and control us because they don't understand us.
01:29:37.000desperate to control us and they will fail and i'm happy to say they will fail and i'll make sure they fail my end i hope everyone does their end as well yeah i can hear yoda hate leads to the dark side indeed and there's no doubt the dark side is upon us let's jam in one more call let's talk to bobby in texas shirt on the air hey alex how you doing today pretty good my friend fellow fellow thought criminal today listen
01:30:04.000i wanted to ask um your guest from england if he if he thinks that we have or that they have something kind of like we do here in in the the western states like north and south com and how they you know how does how did england go from kind of being a you know what happened to us back in the 80s where we were worried about the communists and all of a sudden it just kind of flips over and turns against the people because i think it happened there faster
01:30:33.000Where the state kind of turned against the people.
01:30:35.000Well, they started a lot of that by staging terror attacks, blaming it on the IRA, and we're going to keep you safe, and then political correctness, but I appreciate your comments on that quickly.
01:30:47.000Well, the way they do it is the way they've always done it.
01:31:41.000Hi, this is Alex Jones, Did you know that the global elite are now storing non-hybrid seeds in secret storage vaults near the Arctic Circle?
01:31:54.000Did you know that in a real meltdown, non-hybrid seeds could become more valuable than silver or gold?
01:31:59.000It's true, seeds have outperformed even gold and silver before in this country, and it's possible they could even happen again.
01:32:05.000So our friends at Solutions from Science have put together the perfect mix of non-hybrid seeds.
01:32:38.000Remember, in a real crisis, non-hybrid seeds are the ultimate barter item.
01:32:44.000This is Alex Jones for survivalseedbank.com.
01:32:49.000Hi folks, this is Alex Jones and I want to tell you about the Silver Lungs Generator.
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01:33:47.000Hi folks, this is Alex Jones asking you for a minute of your time to tell you about soap.
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01:34:10.000Get a free, detailed catalog by calling 800-340-7091 or see them online at 5starsoap.com or infowars.com.
01:34:18.000Let's talk to the owner of 5 Star Soap, Marty Schachter, and see what he has to say.
01:34:23.000As founder and owner for over 63 years, people keep asking me, how's business?
01:34:29.000I'm happy to say our business is going down the drain.
01:34:48.000The Genesis Communications Radio Network proudly presents The Alex Jones Show.
01:34:53.000Because there's a war on for your mind.
01:34:57.000Interspersed throughout the last 52 minutes of broadcast today, I'm going to hit on other important market news, police state news, military news that I haven't gotten to yet with our guest.
01:35:11.000And we're also going to continue with taking some of your phone calls today.
01:35:18.000But I've got a lot of calls about this the last four or five months and it certainly is just another good alternative and an idea out there of having state chartered banks that aren't run by offshore banks that create derivatives and then loan it basically to pension funds and governments and private investors.
01:35:39.000And to understand that, you've got to identify the private, run-for-profit Federal Reserve.
01:35:45.000Because the Bank of England is the same system, the EU, Central Bank is the same system.
01:35:50.000This is the global private cartel that is taking control of the planet through the fact that they can just create all the money they want for themselves, all of the assets, all of the credit that they want.
01:36:07.000And this is the group setting up world government.
01:37:05.000Tell us a little bit about yourself for those who just joined us, break down your take on the banking cartel, where we are economically worldwide right now, what you see happening there, and then let's talk about a solution.
01:37:16.000It isn't a perfect solution, it won't fix everything, but instead of having a private fellow reserve, I mean even if the Feds won't get control, even if the Congress won't take control of the issuance of currency and credit as they are commanded to in the Constitution, we can move at the state level as part of the states' rights movement to set up state banks.
01:37:35.000Exactly, that's where I think we have the most opportunity to get a foot in the doors at the state level, because Congress is totally bought and paid for by Wall Street.
01:37:51.000They have to balance their budgets, unlike the federal government, which is $13 trillion in debt and just keeps going.
01:37:59.000I mean, they haven't paid off the federal debt since 1838.
01:38:04.000But the states are required to balance their budgets, and they're all in the red except one state.
01:38:10.000There's only one solvent state at the moment, and that's North Dakota.
01:38:13.000Actually, Montana is solvent at the moment, but by 2011 they project that they're going to be in the red, so they're going to have to And the big central banks are doing the same thing they've done in hundreds of third world nations.
01:38:27.000They go in, they get the countries in debt so they can then be economically subservient to the banking cartel that makes the money out of nothing.
01:38:35.000And so you have all these unfunded mandates.
01:39:31.000Fractional reserve lending goes back to the 17th century when the goldsmiths would take people's gold for safekeeping and nobody really wanted to carry around this heavy, dangerous gold.
01:39:44.000The Goldsmiths gave them little paper receipts that later evolved into banknotes, and they soon discovered that they could lend ten times as many banknotes as they actually had gold, because people would only come for their gold ten percent of the time.
01:40:01.000So that was the origin of our ten percent fractional reserve system.
01:40:04.000We still have the ten percent, even though there's no longer any gold in the system.
01:40:10.000Roughly true that people come for their money, come to the bank about 10% of the time and 90% of the time they leave their money in the bank.
01:40:20.000So banks are able to leverage their deposits by about a factor of 10.
01:40:26.000In other words, they can lend many times more money than they actually have.
01:40:41.000If a good borrower, say a good client, a corporate top client, comes to the bank and wants a loan, the bank just writes it into their account.
01:40:50.000And then it worries about the reserves later.
01:40:52.000So, let's say you came in and you wanted a half a million dollar loan to buy a house.
01:40:59.000And you would sign a mortgage and the bank counts that as a negotiable instrument that's an asset to themselves because you have promised to pay That's some over time.
01:41:09.000So they write that on one side of their books as an asset, and on the other side they write it as a liability to themselves because you are now going to be able to write checks on that $500,000 that they're going to write into your account.
01:41:23.000And when you do, the banks will have to pay out on that.
01:41:28.000So that's where the money comes from, that liability where you're allowed to write checks.
01:41:34.000That's the origin of all the money that circulates in the economy, except for coins, which now compose only 1 ten-thousandth of the total money supply, the M3 money supply.
01:41:48.000And as the public begins to learn that gold and silver is real money versus crud paper that's being devalued globally across the board, not just our currency, you're going to see, as people rush into gold, its price go up according to all the laws of economics.
01:42:29.000Thomas Jefferson said, when he figured this out, like 20 years after the Continental Congress, and he figured out that The first U.S.
01:42:40.000bank was just pretending to have money.
01:42:42.000So he called them bold and bankrupt adventurers, just pretending to have money.
01:42:47.000We had been tricked by them into giving them the power to issue our currency, so that banks still have the power to issue our currency and lend it to us.
01:42:57.000But if we're a publicly owned bank, so that the interest went back to the public, then it would be a mathematically sustainable And that's what the Constitution states it should be.
01:43:09.000But if the Feds won't do it, we're trying to audit the Fed and having more success, we can still go to the state level.
01:43:15.000Now here's a quote out of a local paper in North Dakota.
01:43:18.000It says, North Dakota is a sparsely populated state of less than 700,000.
01:43:22.000Known for cold weather, isolated farmers, and the hit movie Fargo.
01:43:26.000Yet, for some reason, it defies the real estate cliche of location, location, location.
01:43:32.000Since 2000, the state's GMP gross product has grown 56%, personal income has grown 43%, and wages have grown 34%.
01:43:42.000This year, the state has a budget surplus of 1.2 billion dollars.
01:43:47.000And you believe, from your research, a lot of that has to do with it having a state bank.
01:43:53.000Break that down and explain the difference between a state bank and, say, J.P.
01:44:17.000The farmers were losing their farms to the Wall Street bankers.
01:44:21.000And when they realized that their money was going out of state and that it was actually being fraudulently taken, that the farmers were not being able to sell their perfectly good grain to the granaries, which were a cartel with the railroads, which were a cartel with the banks.
01:44:55.000It was just a group of farmers trying to keep their own credit in their own state.
01:45:01.000So all the states could have the same sort of flourishing GDP that they have, but we are all suffering from a credit crisis that was precipitated in Wall Street because the Wall Street Bank got in trouble with their dodgy collateral, et cetera.
01:45:19.000So, North Dakota just escaped all that.
01:45:22.000By law, all the state revenues go into the Bank of North Dakota, so they have a huge potential deposit base.
01:45:30.000And it's set up as North Dakota doing business as the Bank of North Dakota.
01:45:37.000Technically, all of the assets of the state are the assets of the bank.
01:45:42.000So it's got a huge potential capital base, a huge deposit base, and it can leverage that into many times that summon loans.
01:45:50.000So they have the fractional reserve power to empower the people, and that way the money stays in the state.
01:45:56.000It's not sold into derivatives to Thailand or to Russia or to England and so you have sovereignty and you have transparency instead of The state of Texas takes most of the tax money invested in secretive funds and derivatives.
01:46:13.000And in the comprehensive annual financial report show, they've got a double set of books.
01:46:17.000And that was okay, though it gave the bankers great power, the private bankers, when the derivatives were on the way up.
01:46:23.000But now the states are all bankrupt because the bankers set them up.
01:46:26.000They swindled all the tax money investments.
01:46:30.000And so now we're defunct just where the bankers wanted us.
01:46:34.000So in this big states' rights movement, we need to move to have other states look at state banks.
01:46:40.000That is, where the state's money is in a public bank.
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01:50:46.000All right, Ellen, this is a short segment, long segment coming up, but this is so important.
01:50:54.000I know it's not basketball or football or getting drunk for new listeners out there that may be tuning in, but it's getting control of our lives.
01:51:03.000If we let offshore banks have the power to issue all the currency and credit they want, They're going to take over, and they have, and announce themselves our rulers and a new empire.
01:51:13.000And they're very corrupt, wicked people who also believe in eugenics.
01:51:16.000So we must take our states back to get our federal government back.
01:51:20.000And the example of North Dakota is a great case point example.
01:51:24.000Now, you've written about this in your book.
01:51:29.000Let's walk through what a state bank is.
01:51:32.000Not a state charter bank, but a bank of the state that's transparent and how this could be rolled out in other states.
01:51:41.000In North Dakota, as I mentioned, all of the revenues of the state go into the bank and then those become the deposits, plus they take depositors from individuals.
01:51:54.000So, you know, the way banking works, the bank just makes loans to anybody it wants to make loans to, but then when the checks go out of the bank, they have to clear through a clearing house, usually the Federal Reserve, but the Bank of North Dakota isn't actually a member of the... Well, I guess they are a member, but they don't have FDIC insurance, and they don't use it.
01:52:22.000So anyway, the checks have to clear by, you have to have the same amount going in in the way of deposits as you have going out.
01:52:31.000As far as I can see, that's really just a ruse to make it look like you're not creating money on your books.
01:52:37.000Because those deposits coming in, like Mr. Smith, the check that just came in, is not the money that Mr. Jones has going out in the form of a check.
01:52:49.000In other words, Mr. Smith never said that Mr. Jones could borrow his money and you never go into the bank and they say i'm sorry we just lent your money out for thirty years come back later they always have the money it's because they have this sort of fungible pool and they make that pool serve all purposes
01:53:10.000well the goldsmiths discovered five hundred years ago that they would hold your gold because you want to keep it in your house and then they could give you the receipts and that no one hardly ever came in at once wanting all their gold And even if a few people did, you still had enough, so that's what allowed it.
01:53:25.000But explain to people how a state bank like North Dakota has empowers the people, and how it works, and how it's different from the system that the private bankers have.
01:53:36.000Okay, in North Dakota, the state bank is actually pretty much a banker's bank.
01:53:40.000They do make some commercial loans, but mostly they are partnering with the other banks.
01:53:46.000So where all the other state banks have a capital problem because of the Bank for International Settlement capital requirement and the fact that they had this dodgy collateral on their books that froze the whole credit mechanism, et cetera, it used
01:54:05.000to be that there were secondary lenders called shadow lenders, the investors who would buy these collateralized debt obligations, which are bundled mortgages, off the banks, and then that would clear their books and they could make another set of loans and another set of loans all based on the same capital.
01:54:22.000But when those shadow lenders went away, the banks were stuck with the limits of their original capital, so that froze up credit.
01:54:31.000Well, in North Dakota, the Bank of North Dakota serves as the, it partners with those banks and it takes the loans off their books, making room for more and more.
01:54:42.000So, generally, the community banks, the local banks, are dealing directly with customers and then the Bank of North Dakota backstops those banks, rather like the Federal Reserve does.
01:54:58.000Yeah, it's the insurance policy, but not just the Bank of North Dakota.
01:55:02.000We see local state banks that are private being much more healthy than the big mega banks that created these derivatives.
01:55:10.000And under the new bank re-regulation legislation, actually written by Goldman Sachs and others, it allows them to come in and take over the healthy state or regional banks.
01:55:20.000So we see a major consolidation taking place here.
01:55:25.000So that if you have a state bank, it can help those struggling little banks that are struggling with, that now they're talking about raising the capital requirement.
01:55:33.000They're making it even more difficult for the little local banks.
01:55:37.000And so the state bank can help with that.
01:55:39.000One major advantage is that all the interest goes back to the state.
01:55:45.000So, so in North Dakota, it's actually a big moneymaker for the state.
01:55:52.000So that reduces the amount of taxes that people have to pay.
01:55:56.000But plus, it's got a mission statement that is geared toward helping the state.
01:56:02.000So where a private bank, like any corporation, has to serve its shareholders.
01:56:07.000So if Goldman Sachs can make more money speculating in derivatives, Then in making commercial loans to businesses that might go bankrupt, they have to speculate.
01:58:47.000Double meltdowns, massive unemployment, endless wars, a new currency crisis, financially and morally bankrupt, a great and terrible storm is approaching.
01:58:56.000So what's the best way to get ready to get prepared for hard times ahead?
01:59:00.000In producing Off The Grid News, a weekly newsletter for independent patriots who want practical advice on how to survive and prosper in an increasingly dangerous world.
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02:00:22.000Immigrant crossings into Arizona on the rise as it's being announced in Spanish media that it's a mission to invade the United States and turn it into Mexico.
02:00:31.000American school kids aren't allowed to wear American flags.
02:01:17.000I already mentioned this, but woman's home confiscated over small water bill.
02:01:22.000Says Valentine lost her two-story brick home after the city sold her debt to investors It was $362 through a continuous and Byzantine legal process called tax sale, a little-known type of foreclosure, can enrich investors as growing numbers of property owners struggle to pay their bills.
02:01:47.000I mean, this country is just in flames.
02:01:51.000Meanwhile, dictator of failed state Calderon lectures Americans about freedom, calls for an end to the Second Amendment, and when he addressed Congress today, I mean, this is Twilight Zone, what's happening?
02:02:10.000Bangkok in flames after army storms protest camp, AP.
02:02:15.000Bangkok under curfew after fresh anti-government violence.
02:02:19.000Greek strikers march on Parliament protesting against losing their pension funds and 401ks.
02:02:26.000Oh, yeah, the government's, I have an article today where they're saying they're getting ready to take U.S. pension funds out of the Financial Times of London.
02:02:34.000And again, Obama's pushing for total amnesty, total legalization.
02:02:39.000The list just goes on and on and on of what is happening in this nation and how things are just deteriorating so quickly as the lawless criminals at every level of government. - Yeah.
02:02:53.000We just have open season on our Republic.
02:02:57.000Here's another one out of the Denver Post.
02:02:59.000Douglas County votes to charge fees for school bus rides.
02:04:52.000Ellen, and you had five minutes to explain this, the basic bullet points, why it's important, what the alternative means, going with the offshore bankers.
02:04:59.000I mean, if you had five minutes to just nail it and to crystallize why this is such a great avenue to financial liberty and sovereignty and freedom, what would you say?
02:05:11.000Well, we still have a credit freeze on in all the states.
02:05:14.000And if you own your own bank, you can create credit.
02:05:18.000And states have a huge Deposit and capital base with which they can Leverage their money and create credit so they could find many things that we think we don't have the money for now like infrastructure and education and low-cost housing Plus the states are paying well in California We're paying an average of four point seven percent interest on our debt if you're a bank banks borrow from each other at the federal funds rates Of 0 to 0.25 percent.
02:05:47.000That's what the Fed funds rate is right now.
02:05:49.000So it's an average of something like 0.2 percent.
02:05:52.000So if you're a bank, just for starters, the state could start funding its projects at a very low interest rate.
02:06:00.000And we've seen that, well, recently there was a lawsuit for these big banks that were colluding to set prices.
02:06:09.000So the states are paying much more than they should be.
02:06:15.000Plus, we're subject to the rating agencies.
02:06:18.000You know, California, where I live, has a rating that's just hovering above Greece's.
02:06:25.000And we, in California, the state has never defaulted on its debt.
02:06:30.000And there are the Wall Street banks, which would be bankrupt totally if we, the people, including largely California, hadn't bailed them out.
02:06:40.000They are paying this incredibly low interest rate and we're paying a high rate because of our bad credit rating.
02:07:00.000Well, I had started to explain about how banks create money.
02:07:06.000When a bank First, it creates money on its books, and then the check goes out of the bank, and then it has to clear it.
02:07:14.000And if the bank doesn't have the deposit to make it clear, then it just borrows that money back from the other banks, and it borrows at 0.2% interest.
02:07:23.000So, essentially what it does is it creates money, the money goes out, and it borrows that very same money back.
02:07:29.000In other words, the pool has enough money out there because it just created it and put it out into the pool.
02:07:35.000It borrows that same money back at 0.2% interest if that fund's right.
02:07:39.000Or, you know, 1 point something if they're taking longer CDs or whatever, but still it's a very low interest rate.
02:07:47.000And then they re-lend that to the state at, like, California, 4.7% or to individuals at 6% or something.
02:07:56.000Or on credit cards up to 30% or whatever it is.
02:08:02.000And if you own the bank, then that spread becomes taxpayer money.
02:08:07.000I mean, it goes back into the pool and feeds the pool.
02:08:11.000You had mentioned about the Comprehensive Annual Financial Report.
02:08:14.000I was asked to speak at a government finance officer's convention about a month ago in Missouri, so I had a chance to talk to all these finance officers.
02:08:25.000And they said, indeed, that they had these huge rainy day pools There were anywhere from 20% to 75% of their budget that they had to sock away in this rainy day fund.
02:08:36.000And the reason was that unlike banks, which have this infinite credit line and can borrow anytime they want, states, they can't borrow.
02:08:48.000You know, they have to go to the voters and do a bond issue.
02:08:51.000It's a big laborious process and it's never certain whether it's even going to happen.
02:08:56.000They don't know if they're going to be able to auction off their bonds.
02:08:58.000So it's actually happened in Missouri there, where a city would just come to a standstill, like there would be no money for anything, and the city would stop because they didn't plan their budgets correctly.
02:09:09.000So just to make sure, they sock away all this money in rainy day funds.
02:09:16.000Like in California, I know the treasurer manages $70 billion in a treasurer's pool of this sort of rainy day fund.
02:09:24.000So the state's like $26 billion in debt, and we have $70 billion sitting in this investment pool.
02:09:31.000But you're not allowed to touch it because it's all earmarked for different things.
02:09:36.000Like Governor Schwarzenegger tried to get some of the highway fund money, and the court in San Diego said, no, no, that's earmarked for highways.
02:09:47.000Well, to interrupt, it's basically all rigged to the big megabanks, and now they've taken over society, and naftan gat has destroyed our industrial base.
02:09:56.000And now to cover this breaking news, and we'll continue with you in a moment, ma'am, world stocks tumble as debt woes rumble on.
02:10:05.000And the more trillions the bankers get, the worse things get, the less they loan.
02:10:10.000World markets fell sharply once again Thursday as sentiment continued to be hit by concerns about the continent's debt crisis and figures showed an unexpected increase in U.S.
02:10:23.000The worries left most of the world's leading indexes now trading below where they were in 2010.
02:10:31.000At the start of 2010, in Europe, the FTSE 100 Index of leading British shares closed down 84.95 points, or 1.7%, at 5,073.13, while Germany's DAX slid to 120.79 points, or 2% to 5,867.88.
02:10:39.000or 1.7%, at 5,073.13, while Germany's DAC slid to 120.79 points, or 2% to 5,867.88.
02:10:51.000The CSC40 in France ended 79.15 points, or 2.3% lower, at 3,432.52.
02:11:02.000The Dow Jones Industrial Average plunged 209.87 points, or 2%, at 10,234.50, while the broader Standard & Poor's 500 futures dropped 25.06 points, or...
02:11:18.000The Euro debt crisis continued to be the main point of interest and the markets and fears are growing that it may prove to be the catalyst to a renewed downturn in global growth.
02:12:30.000This is hard core information and everything is unfolding according to their program.
02:12:37.000But the awakening is bigger than they thought it would be and Brzezinski and others are starting to panic.
02:12:46.000Knowing how this system works, Ellen Brown, and it's one thing to know it's coming, it's another thing to now see it here, and to know where we're going from this point, straight down.
02:12:56.000Being a lawyer, researcher, author on the Federal Reserve, do you ever have a sense of unrealness yourself, because I know I feel like that, that it's just so incredible The earth-shaking events that are happening right now, and the public's somewhat awake, but if they had any idea just how horrific this is, I think they'd be even more awake and more angry, because I've talked to so many yuppies who say, I'm glad the Euro's plunging, that'll help us.
02:13:21.000We're all under the same global system.
02:13:24.000And people just live in denial about this.
02:13:27.000I don't think people understand, this is the beginning of the implosion, as bad as it is.
02:13:34.000We ain't seen nothing yet, as they say.
02:13:37.000The book, Web of Debt, the theme of it is the Wizard of Oz, and that's the whole idea that nothing is what we think.
02:13:44.000Actually, the Wizard of Oz was written as a monetary allegory in the 1890s, when they had a big populist movement for money reform, which is what I think we need to do today.
02:13:53.000They almost won, and now we've seen a hundred years later that the bankers have messed everything up.
02:13:59.000It is time for us to step in and take back our government by Taking back the money power, we have lost the power to issue our own money and our own credit, and that's where we lost our government.
02:14:14.000In the case of the Euro, all those countries, they're all in debt.
02:14:20.000Now how is that possible if they're all in debt?
02:14:22.000It's because they're in debt to bankers, which create their money and lend it to them.
02:14:27.000And it's designed, the bankers brag, as a black hole to consolidate the small banks, to bankrupt the states, the nations.
02:14:36.000It is designed to give them total power.
02:14:41.000That's right, and at the head is the Bank for International Settlements, which is now tightening the screws even more by talking about Well, the way the bankers in general have kept a tight rein on economies is by contracting the money supply.
02:14:55.000the pyramidal power structure, who's at the top?
02:14:58.000And again, the very bankers that engineered the crisis now saying, "Give us global taxes, give us total control, or the economy's going to implode." Well, the way the bankers in general have kept a tight rein on economies is by contracting the money supply.
02:15:14.000So they never allow enough money to be out there to run the whole economy, and therefore people have to borrow.
02:15:21.000And that starts this whole pyramid or Ponzi scheme where you have to have more and more borrowers to support the money supply.
02:15:32.000So, you could say that the Bank for International Settlements is responsible for all this, but this whole collapse, this whole recent collapse, in 1988, they imposed Basel I, their first capital requirement.
02:15:46.000And at that time, the Japanese banks were the biggest creditors in the world.
02:15:50.000The Japanese economy was booming, and the banks were huge.
02:15:54.000And so the Bank for International Settlements raised the capital requirement a mere 2 percent, from 6 percent to 8 percent.
02:16:02.000But because the Japanese banks didn't have it, they froze.
02:16:07.000So that just killed the Japanese banks.
02:16:10.000And they actually were nationalized, so they didn't use that term, if that was the only way they could keep them alive.
02:16:17.000So, Japan has never recovered from that.
02:16:21.000Our Wall Street banks avoided it by getting into this whole securitization thing where the banks would bundle up loans and sell them off to investors.
02:16:37.000Well, then when they no longer were even going to have the loans on their books, they didn't care what was in these loans because it wasn't going to be their problem.
02:16:46.000And then they sold those as AAA-rated, certifying pure garbage.
02:17:21.000Well, I'm hoping that we can, what we need to do is set up our own independent credit system and then we can avoid that.
02:17:28.000If we set up our own, a better mousetrap, then we can let all those, the big banks and the derivatives team, etc., collapse and we will have our own funding mechanism.
02:17:38.000Do a minute or two on the other side with us.
02:18:00.000Settlements, bankruptcy, and attorneys are not the answer, and may end up costing you up to 10 times more than necessary.
02:18:06.000Listen, if you're already in debt, does it make sense to get buried in another payment plan?
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02:18:52.000A new world order based upon collective action.
02:18:55.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
02:19:00.000The New World Order really is a tool for addressing a new world of possibilities.
02:19:05.000It means all the world under their control.
02:19:07.000The United Nations would take over America.
02:19:09.000The Trilateral Commission would control the world.
02:19:13.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
02:19:21.000I believe first of all that we now need nothing short of a world constitution for the global financial system.
02:19:26.000Global governance with the establishment of the G20.
02:19:29.000So it's going to be an inner ruling elite and then everyone else.
02:19:36.000Secure your copy today at InfoWars.com or PrisonPlanet.com or watch it online in the highest quality at PrisonPlanet.tv.
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02:21:21.000We've got a key article up at PrisonPlanet.com by Steve Watson.
02:21:25.000Desperate establishment launches baseless racist attack on Rand Paul.
02:21:33.000But going back to a final comment from Ellen Brown, lawyer, author, and researcher on the banking system worldwide.
02:21:41.000Just real fast, the show's almost over and we appreciate your time.
02:21:44.000Are other states now starting to look at this?
02:21:46.000Because I'm hearing a lot of Talk about the State Bank of North Dakota.
02:21:50.000I'm hearing a lot of talk about trying to get legislation for the states to save themselves.
02:21:55.000We know the states have a big appetite for Tenth Amendment, Ninth Amendment powers right now, and there's a big awakening.
02:22:01.000Are we seeing any movement towards other states setting up their own banking system?
02:22:05.000Yes, there are actually five states that have bills pending.
02:22:09.000Three of them with full-blown bills, you know, that talk about where they're going to get the capital deposits.
02:22:15.000That would be Michigan, Illinois and Washington State, and then two other states that are proposing to study such a bill, and then the three other states besides that, where they've discussed it in the legislature and they're talking about doing bills.
02:22:31.000And there are eight candidates from all different persuasions.
02:22:34.000I think there's three Democrats, two Republicans, two Greens, and one Independent, that are all including it in their platforms.
02:22:43.000So this is really starting to gain esteem thanks to your work and others out there.
02:22:47.000Let me guess, the Federal Reserve lobbyists are against this?
02:22:52.000I really haven't heard anyone be against it.
02:22:56.000I did see one objection in the Detroit News.
02:22:59.000Somebody said that Detroit didn't have $150 million, which is what they were proposing for their capital base.
02:23:05.000But that's what I started to say about that CAFRA money, the Comprehensive Annual Financial Report, the Rainy Day Fund.
02:23:12.000You could tap up that money as your capital base, even though you can't spend it.
02:23:17.000So you could invest that money as capital in a bank or pension funds.
02:23:21.000You know, they invest in equity, stock equity, so they could do it.
02:23:28.000You know, Joseph Stiglitz said that $700 billion that was put up for bailing out the bank, what they should have done was use that $700 billion as the capital for a bank.
02:23:39.000And they would have seven trillion in credit.
02:23:41.000Yeah, but that gives people control of their own lives and makes government sovereign, and we don't want that.
02:23:46.000And of course, he's a two-time Nobel Prize winner, one of the prizes for economics.
02:24:39.000Central, I want to thank all of our sponsors.
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