On this episode of the Alex Jones Show, we have a special guest on the show, Paul Joseph Watson. He is the host of the show "Ain't It Cool News" on the GCN Radio Network in Austin, Texas. He has been a long time member of the crew covering the Machete Film Project and has been involved with the project since the beginning. In this interview, he talks about how he came to be involved in the project, why he decided to leave it in the dust, and why he is now cutting it out of the final product.
00:00:31.000Hey, uh, yeah, Watson's coming up with key news and info.
00:00:34.000I'm taking off today, and, uh, Jason, the reason you're getting so many crazy calls is what I've tried to explain to you.
00:00:40.000We don't screen phone calls unless it's on a particular subject, and we say we want callers on that subject, so people take advantage of that.
00:00:46.000That's why I'm pretty much moving to topic-based calls and specific issues, because, uh, we re- we now reach so many millions of people that the haters are the ones that are always gonna call in, uh, first.
00:01:01.000And what that does is then distort what we're covering.
00:01:03.000You know, they're going to call in about chupacabras, they're going to call in about space beams, they're going to call in about, you know, saying we're racist, whatever, to throw us off the issue.
00:01:14.000And that's why we mainly just focus on guests and then callers on certain topics.
00:01:18.000But the last guy on the whole machete film for stations that just joined us, Robert Rodriguez, is now giving an Ain't It Cool News interview.
00:01:27.000And it's spun very well, but in the middle of the article he goes ahead and says, you know what?
00:01:33.000I have cut a lot of the film out now because it is too real to reality and it's going to be on the DVD extra because it could cause some problems.
00:01:42.000And we do have the script and it is a race war film and does paint Hispanics as savages and as white people as a bunch of racists.
00:01:52.000It was Hispanic members of his crew that were concerned.
00:02:09.000That's why when they were going to produce Wake Up, it's coming out this year, a big film, it didn't get the funding because the state commission said no.
00:02:17.000So it's disingenuous to call in and say everyone gets funding.
00:02:21.000This is getting multi-tiers of funding, not just tax breaks.
00:02:27.000And I now, Rob Duda, this out, San Antonio Express News and other newspapers from last year, where the head of the Texas Film Commission admitted that they were massively funding and supporting with all sorts of funds and location and machete and that it was the model in fact we do can bring you the actual quotes it was the model of the entire system that the poster child for them is machete and so the
00:02:55.000when the governor press secretary contacted us a few days after our story went nationwide on the washington post and drugs report everywhere else we put that the governor's statement saying well we haven't decided whether to fund it will We'll decide that at the end.
00:03:09.000And we went and showed how that's a lie.
00:03:11.000They begin authorizing funding at the beginning.
00:03:14.000And so, no, they refuse fully 30 plus percent, according to the Associated Press, of Film Commission money in Texas.
00:03:22.000So to say that everybody gets it is a lie and is disingenuous.
00:03:31.000We're not the ones being disingenuous.
00:03:33.000You're the one that's either ignorant or being disingenuous.
00:03:37.000And, you know, quite frankly, I don't want to influence this film.
00:03:42.000I was contacted by people that were concerned.
00:03:43.000And if you go read his new Ain't It Cool News interview I'm going to be covering this Sunday, he admits that he's now going to cut these parts and put it in the DVD extra.
00:03:57.000This film has race war in it, at a time when this country is on its edge, and at a time we have the Mexican president telling us to ban semi-automatic rifles, and telling us to open our borders up, and the president is a traitor, saying that we don't have borders anymore in America.
00:05:49.000Order it at InfoWars.com or PrisonPlanet.com or call toll free 888-253-3139 and support independent patriotic liberty films.
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00:08:29.000We're going to go to him about Rand Paul's victory and now the vicious media attacks in just a moment.
00:08:33.000We also have Tommy Inscollin who I briefly want to go to about the seven attacks, but just finishing up on the machete point.
00:08:40.000Okay, in my hands, and hopefully we're going to go to the document camp for PrisonPlanet.TV viewers, I have Rodriguez with the guy signing his incentives program.
00:08:51.000Look, here's the incentives bill signing.
00:08:53.000Robert Rodriguez reveals his next project as film incentives bill signing.
00:09:38.000We played the clip in the last hour of Peter Power's talking about the drills that visor consultants were running for private organizations of the same exact train stations blowing up and buses blowing up at the same exact time.
00:09:53.000Yeah, when I spoke to him, I was trying to get another interview with him, but when I did that a few weeks ago, and he said, oh, you're a bit late, are you not?
00:10:25.000He said, because it's one hell of a coincidence that you could be pulling off drills at the same time.
00:10:32.000When, you know, these things happened.
00:10:35.000And he said, well, look, do you think I would seriously have anything to do with these attacks and then go on the mainstream media and tell them about it?
00:10:44.000And I said to him, well, of course, because it gives you the perfect cover, because the people that you're dealing with or you were with that day, they could come out later on.
00:10:53.000And then it looks a whole lot worse, because look at his background.
00:11:38.000Yeah, well, it's kind of all summed up by a Politico article headline, which I read yesterday, called Activist Seize Control of Politics.
00:11:51.000And that describes how establishment office holders in these recent elections are basically being ejected in a kind of retching convulsion at the status quo, you know, as this popular sentiment continues to rise.
00:12:06.000Now, the establishment is in a blind, complete stupor and panic about what to do over Rand Paul's success.
00:12:15.000Even though, you know, he's not even Senator yet, he's still got to beat his Democratic opponent, Jack Conway, in November.
00:12:23.000But now we see Rand Paul being feathered and tarred about ten times more, about a hundred times more, than Elaine Kagan.
00:12:33.000I mean, on the one hand you have Kagan, who, you know, her every view on the Second Amendment, free speech, you know, her office argued to ban books, ban political pamphlets, She wants Americans held without trial, detained without trial.
00:12:50.000Her every view is completely abhorrent to the U.S.
00:12:53.000Constitution, and yet the corporate media is giving her such a soft ride compared to Rand Paul, who goes on MSNBC with Rachel Maddow a couple of days ago.
00:13:05.000He intellectually disagrees with one out of the ten titles of the Civil Rights Act about preventing the government from regulating the First Amendment's private businesses.
00:13:16.000He's not saying he's going to revoke the Civil Rights Act, as the debunkers have all claimed.
00:13:21.000So, Maddow tried to back him into a corner for 20 minutes on this issue, and then the day after,
00:13:29.000Just about the entire corporate media, and today the LA Times, from page purely devoted to attacking Rand Paul, and of course followed by all the neo-lib George Soros blogs, launch into him and try to insinuate that Rand Paul is some kind of Klan member because he holds a position which, as an article we posted about half an hour ago on PrisonPlanet.com proved,
00:13:58.000is the mainstream libertarian position on the Civil Rights Act.
00:14:05.000They've interviewed professors and top scholars at universities who have all said that Rand Paul's position is part of a mainstream libertarian viewpoint on this issue.
00:14:21.000MSNBC yesterday aired no less than eight different segments with guests Such as, uh, Jesse Jackson, James Clyburn, and all these Democratic operatives.
00:14:34.000Eight different segments, all attacking Ron Paul.
00:14:38.000Not one person did the interview who defended Ron Paul or was even neutral.
00:14:44.000But, the fact is that all these smear tactics are not having much success because, as we've posted also on prisonpointer.com, Rasmussen reports the big polling agency, That Rand Paul is 25 points ahead of his Democratic Parliament Jack Conway in this early stage.
00:15:05.000Obviously there's still many months to go until the November election but he's 25 points ahead even in the aftermath of all these racist smears.
00:15:17.000So it proves once again that the establishment media and their operatives are coming out with this stuff from a Kind of virtual reality bubble.
00:15:27.000They still think that by launching these attacks, this race baiting can have such a massive impact.
00:15:35.000And the fact is that it's not having the same impact that it would have done several years ago because people are aware of how these people operate.
00:15:44.000And they did similar things to his father while he was running for president saying, you know, he hated Martin Luther King Jr.
00:15:51.000and they pointed to a couple newsletters that other people had written and his father was a racist and now Rand Paul is a racist.
00:15:58.000Let me read what Jack Conway, his Senate opponent, had to say in the LA Times.
00:16:03.000Promoting a narrow and rigid ideology and has repeatedly rejected a fundamental provision of the Civil Rights Act.
00:16:10.000No matter how he tries to spin to the contrary, the fact that Paul's ideology has dangerous consequences for who?
00:16:16.000Working families, veterans, students, the disabled, and those without a voice in the halls of power.
00:16:22.000It seems to me we're the ones without a voice in the halls of power because our Congress and our Senate no longer represent the people.
00:16:31.000We do not have a government for and by the people.
00:16:33.000We do not have checks and balances in our system and we certainly don't have a lot of people like Rand Paul, that are sticking up for our First Amendment rights.
00:16:41.000No, and that's why the establishment hates his gut.
00:16:45.000And I mean, the quote you just read from Conway, it echoes the rhetoric coming out.
00:16:52.000People are basically insinuating that Rand Paul wants to create restaurants where black people aren't allowed in them.
00:16:58.000They're saying he wants to throw out the Civil Rights Act and reinforce segregation, which of course is complete and utter baloney.
00:17:07.000If anyone tried to set up a business or a restaurant that wouldn't serve black people, it'd get picketed, shut down, and You know, people wouldn't patronize it in an instant.
00:17:18.000So, the attacks are completely made up, but the fact that they're being echoed across every corporate media rag just shows you how desperate they are to smear Ron Paul.
00:17:29.000And you can tell that this was contrived because in the very hours after his victory, his crushing victory over the neocon stooge that ran against him, They tried to attack Ron Paul because he held his victory celebration in a country club.
00:17:47.000And they said that this was some kind of racist, elitist thing to do.
00:17:52.000So, right from the very start they were trying to contrive race-baiting and attack him on these racial angles.
00:18:03.000So now you had Maddow try and push him into a corner on this civil rights thing, and despite the fact that Ron Rand Paul has eloquently defended his position, which again is backed up by mainstream Libertarians, the Libertarian icon, the late Harry Brown, held the same position.
00:18:21.000You have Ron Rand Paul eloquently defending himself, but they're still going with it.
00:18:25.000But just like the country club, Mia, I think it'll wash away very quickly.
00:18:30.000But what I find Amazingly hypocritical is the fact that this originated from Rachel Maddow of MSNBC.
00:18:40.000And this is a woman who 80% of her paycheck comes from the owners of NBC Universal, General Electric.
00:18:50.000Who's primary business activity is manufacturing bombs to be dropped on brown people in the Middle East and the Third World.
00:18:57.000So she's paid by a contractor whose business is to slaughter brown people and yet Rand Paul is a big racist because he thinks government shouldn't stick its nose into private business.
00:19:07.000A little bit hypocritical there I might say.
00:19:10.000I would say so as well, and unfortunately the establishment media over at MSNBC, it was okay to criticize the war when it was under the Bush administration, and it was okay to point out all these infractions in civil liberties and our privacy and our freedom, but now that Barack Obama's in, it's okay to be in the Middle East, and we need to attack anybody who may oppose democratic power, Paul.
00:19:38.000He was really good when Bush was in power, but as soon as Obama got in, as we predicted before what happened, they just switched straight away, and they stopped supporting whoever's in power.
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00:24:58.000Zero four three and I want to tell you guys about weapons universe dot-com.
00:25:03.000Hey folks We have a new sponsor that you're just gonna love these folks have everything you can imagine for your self-defense needs That you need to get whether you need knives or stun guns blowguns Collapsible batons they have it at weapons universe dot-com So go check it for all your security needs all right now going back Paul, I also want to point out this wasn't just Rachel Maddow.
00:25:28.000A lot of people are pointing to the Rachel Maddow interview because it was the first one out there, and everybody needed to piggyback on that to get it into the headlines today.
00:25:36.000But Wolf Blitzer also did a piece basically saying, you don't like black people, do you, Rand?
00:25:41.000And Rand said, you know, where's my honeymoon?
00:25:43.000And he's like, you don't get one in politics.
00:25:45.000But Barack Obama sure got a honeymoon even before he was elected, Paul.
00:25:52.000And then the people who started to criticize him, they were called racist for using the word socialism.
00:25:58.000So they only choose to racefate when it suits their cause.
00:26:02.000And you're right, I mean it's everywhere.
00:26:04.000The LA Times Trump page, like you said, MSNBC, no less than eight different segments yesterday on it all attacking him.
00:26:13.000And also The Obama campaign group Organizing for America has sent out a mass email saying that Rand Paul supports segregation and that this should cause a quote massive public outcry which then
00:26:30.000It provoked Rand Paul to have to issue a statement saying he doesn't want to repeal the Civil Rights Act just because he intellectually disagrees with the scope of one out of the ten titles of it.
00:26:45.000It's transparently a contrived attack and I'm sure that once this comes to light, as it already is being brought to light, that they'll move on to something else and they've already He floated that with this David Korn character, which I'm sure that you've come across in the course of your 9-11 research.
00:27:09.000And this is an ultimate neoliberal establishment insider who, at every major juncture, acts as an apologist for the establishment.
00:27:20.000He denied that there was any warning prior to 9-11 about pre-attack intelligence, something which has been proven in triplicate.
00:27:29.000You know, he attacked Gary Webb for exposing CIA drug running.
00:27:34.000He poses as a liberal, and yet he's a neocon light.
00:27:40.000Again, he supports whoever's in power and what they do.
00:27:43.000So now he's come out with this article out of the nation saying that basically Rand Paul's paranoid, delusional, and dangerous because he's made some appearances on the Alex Jones Show.
00:27:56.000And because Like, six of the ten actual 9-11 commissioners, we talk about, you know, 9-11 being a cover-up.
00:28:05.000Which supposedly, in Corn's world view, which is about five or six years past its sell-by date, makes Rand Paul, this paranoid nutcase conspiracy theorist, unfit to be a senator.
00:28:19.000Well, we know that's absolutely unbelievable.
00:28:35.000The bottom line is, the establishment out there has about Six months to really try to discredit Rand Paul with their vicious attacks, with their lies, in conjunction with their voting machine fraud.
00:28:48.000I mean, they better get the Diebold systems in there quick, or this guy may be a senator from Kentucky before they can blink an eye.
00:28:55.000So they're really going to work hard, Paul, over the next five to six months.
00:28:58.000I think they're going to keep pounding the pavement, pounding the pavement.
00:29:01.000asking the same question again and again and again until they get a response that they can distort in a manner that they can blow it up all over the mainstream.
00:29:10.000Like when Howard Dean went, yeah, and they said, wow, look at this crazy person.
00:29:16.000I just saw the media turn on somebody with one act, and they're going to be waiting fervently for that act.
00:29:23.000So when we come back, it's the Alex Jones Show.
00:29:25.000We're going to play the clip of Wolf Blitzer basically saying, you're guilty, you don't like civil rights, you're bad, aren't you Rand Paul?
00:29:33.000And Rand Paul handles himself impeccably.
00:29:36.000We've got Paul Joseph Watson on the line.
00:29:38.000It's the Alex Jones Show only at InfoWars.com and streaming via TV live at PrisonPlanet.tv.
00:33:11.000We're going to be going to a clip of Wolf Blitzer grilling Rand Paul, guilty until proven innocent, of course, when you're part of the establishment media about his racism and he doesn't like civil rights.
00:33:24.000But first I want to tell you about my latest and greatest film, Invisible Empire, a new world order to find folks This is something I had worked on over the last five years doing research.
00:33:36.000Alex Jones was good enough to have me out here in the last year and a half to put this together.
00:33:40.000Graphically, I feel it is the best New World Order film out there.
00:33:44.000It has hundreds of quotes from the elite establishment, hacks themselves, promoting what?
00:34:55.000I think what troubles me is that the news cycle's gotten out of control.
00:35:00.000I mean, for several hours on a major news network yesterday, they reported repeatedly that I was for repealing the Civil Rights Act.
00:35:09.000That is not only not true, never been my position, but is an out-and-out lie, and they repeated it all day long.
00:35:17.000It started with my Democrat opponent asserting this, but has never been my position.
00:35:23.000You support that, because the argument was made that you support the Civil Rights Act in terms of federal, in terms of government responsibilities, there should be no racism or segregation, but if there's a private club or a restaurant where they don't want to serve African Americans, as abhorrent as that is, you think that they have a, you suggested, correct me if I'm wrong, they would have a right to do that.
00:35:50.000Well, what I did suggest was that it was a stain on the history of the South and of our country that, you know, we desegregated in 1840 in Boston.
00:36:00.000William Lloyd Garrison was up there with Frederick Douglass being thrown off trains and going through what happened in the 1960s in 1840 in Boston.
00:36:08.000So I think it is a stain on our history and something that I am sad for and something that, if I had been alive at the time, would hope that I would have been there marching with Martin Luther King.
00:36:20.000One of our biggest county coordinators was there with Martin Luther King, attended the rallies in D.C., and considers himself to be a civil rights activist, and he takes it as a personal insult that people will say that our movement doesn't believe in civil rights.
00:36:36.000But I just want to be precise on this, Dr. Pollack, I just want to be precise.
00:36:40.000Did Woolworth, the department store, have a right at their lunch counters to segregate blacks and whites?
00:36:48.000I think that there was an overriding problem in the South, so big that it did require federal intervention in the 60s.
00:36:56.000And it stemmed from things that I said, you know, had been going on really 120 years too long, and the southern states weren't correcting it, and I think there was a need for federal intervention.
00:37:07.000Alright, so you've clarified, you would have voted yay, you would have voted yes, in favor of the 1964 Civil Rights Act.
00:37:22.000I mean, the one question that comes to mind, to my thinking is, let's say you have a local office and you have a two-story office and one of your workers is handicapped, should you not be allowed maybe to offer them an office on the first floor?
00:37:37.000Or should you be forced to put in a $100,000 elevator?
00:37:41.000I think that sounds like common sense that you should be allowed maybe to give them a first floor office.
00:37:46.000I think sometimes when we have a federal solution, we make it one size fits all and that we recognize the problem, which I do also, of someone who's handicapped, but then we don't take into consideration at all the business owner or the property owner.
00:38:37.000We try very hard, but you know, it's been open to the handicapped for decades.
00:38:42.000So, you know, it doesn't always take government for people to do the right thing.
00:38:47.000Sometimes government has to step in in extraordinary circumstances.
00:38:51.000But I think a lot of times that the private world can step up and do the right things, or we can find local solutions over federal solutions.
00:39:00.000So it's not always whether you oppose something, it's about where the solution should arrive, whether it arrives at the federal government or the local government.
00:39:09.000I do think, though, that there is a big civil rights issue out there, and I think the Democrats avoid it, and that's school choice.
00:39:16.000I think the biggest thing holding down our inner-city communities is a lack of good education, and I say give them a choice, let them choose to go to a school anywhere in the city or outside the city, and so I think school choice is the civil rights issue of our era, and many people are saying that.
00:39:34.000There he is, Rand Paul, taking the grilling from Wolf Blitzer and really breaking it down.
00:39:54.000He knows that he's got three or four minutes on there, and that in Wolf Blitzer's case, he needs to dumb it down.
00:40:02.000And the overall implication that they're trying to heap on Rand Paul is that he hates black people.
00:40:08.000He's going to repeal the Civil Rights Act.
00:40:11.000He's gonna discriminate against minorities and disabled people.
00:40:15.000And that's what they want to put out there.
00:40:17.000I mean, you can go and read the fathers of the libertarian movement and professors in universities today who carefully explain where Rand Paul is coming from on this.
00:40:28.000But they know that the majority of people watching a three or four minute CNN news segment aren't going to do that.
00:40:35.000So they boil it down, they dumb it down, and they throw it out as a sneer.
00:40:39.000And that's exactly what's happened over the past few days.
00:41:06.000And I mean, he's got nothing to defend himself against That's what Ron Paul said and it's exactly right because this has been contrived by the corporate media.
00:41:16.000They tried it with, you know, calling him a racist country club elitist just because he had his victory celebration there.
00:41:25.000So now they're going at it from this angle and the corporate media has lost most of its credibility.
00:41:32.000So These kind of smears don't work anymore, which is what they need to understand.
00:41:36.000Which is why they're flip-flopping from one to another.
00:41:40.000And now, it seems to have moved on to this... Rand Paul went on the Alex Jones Show a few times, and that supposedly makes him evil now.
00:41:48.000So, it looks like they're gonna try and run with that one next, but again... It's like... It's like flogging a dead horse!
00:41:55.000Rand Paul and his father Ron Paul have repeatedly said that a significant amount of their supporters are Alex Jones listeners, or at least they're familiar and embrace the same ideals and the information that Alex talks about every day on his show.
00:42:12.000So to try and, you know, undermine Rand Paul's support base by associating him with Alex Jones and the information that Alex Jones puts out, when most of Rand Paul's supporters To have similar beliefs is just completely asinine and it won't work.
00:42:43.000Google keeps Street View UK Wi-Fi data as privacy group seeks legal action.
00:42:48.000If you were listening on Wednesday, I stood in for Alex for about an hour and went over the fact that Google, over the past several years, they're not saying how many years, were using their Street View camera devices, their little cars there, To take all the wireless data and store it.
00:43:05.000Oh, they were taking open source information and storing it in their data mining operation.
00:43:09.000But then they said it was an accident, Paul.
00:43:13.000But anybody who knows anything about computers knows to take information and to store it requires hardware and software.
00:43:19.000And I've had people email me and say, Those are just cameras on the top of the car.
00:43:23.000Yeah, they're cameras, but they're also admitting to data mining.
00:43:26.000So this article right here, a Google Street View car on Coronation Street.
00:43:30.000It's not clear whether the Rover's return has Wi-Fi.
00:43:34.000Google is to retain data captured from the UK wireless home networks for carrying out its Street View mapping until it receives more specific instructions from the UK Information Commissioner It's said today.
00:43:52.000Regulation of Investigatory Powers Act, RIPA, for unlawful interception of users' data and the group may try to go to the police to investigate the situation.
00:44:02.000It absolutely should be a criminal investigation into why Google is taking everybody's information without their permission.
00:44:09.000Google is already facing criminal investigations in Germany over its capture of the data from open Wi-Fi networks.
00:44:14.000and faces further investigations from a number of European countries for possible breaches of data protection laws and possibly computer hacking.
00:44:22.000It has deleted, it says it has deleted, the data that was collected in Ireland, Denmark, and Austria, according to those countries' wishes.
00:44:29.000That means there cannot be any threat of prosecution to those countries as any evidence for the court case is unavailable.
00:44:36.000So they saw that they might be prosecuted in those countries and apparently dumped the data.
00:44:41.000In a statement released on Friday the company said, following requests from the Irish, Danish and Austrian data protection authorities we can confirm that we have deleted payload data identified as coming in from those countries.
00:44:51.000They're also saying that they got rid of their Belgium, France, Italy, Spain, Germany, Switzerland and Czech Republic information.
00:44:59.000And if you read the headline yesterday, it was the CEO, Eric Schmidt, who we have in Visible Empire, talking about a new world order saying no harm, no foul, as if this is a basketball game.
00:45:27.000And why isn't this a huge story in the It isn't a huge story because Google's reputation as a respecter of privacy, which of course is a misnomer, they worked with, it was announced in 2008, more than two years ago, that Google was working with the CIA to gather intelligence inside the US.
00:45:54.000You know that Google was founded with the aid of CIA money.
00:45:57.000So of course Google is a mass depository of data about Americans and about anyone that uses it.
00:46:04.000And the government's going to use that data and the government's working with Google to use that data.
00:46:11.000Again, it's just a mass government depository.
00:46:14.000Anyone who still has a Facebook profile that they keep any personal information whatsoever on is out of their mind.
00:46:21.000You had the instant messages come out last week.
00:46:26.000Um, from the founder and CEO of Facebook, Mark Zuckerberg, where he's talking to someone about people on Facebook, people using Facebook, and he said, quote, I have over 4,000 emails, pictures, addresses, SNF, and this is just after it started, and his friend responds, what?
00:46:55.000So that's the CEO and founder of Facebook laughing about and swearing at people who submit their personal information, which he now has control of.
00:47:07.000And now we learn that, again, like Google, Facebook is openly working with the CIA, with all this information about people's personal lives right at their fingertips.
00:47:20.000It's going to create a system where they can really database and profile people on another level and then sell those databases and profiles to private companies so you won't even have to go on Facebook to see the little ad on the side.
00:47:33.000They're going to match your IP address with your Facebook account and you'll literally go to any search engine or website and you'll see those type of of ads.
00:47:41.000And it goes much, much further than that.
00:47:43.000Again, in Invincible Empire, I go over Hepting versus AT&T, where the largest telecommunications companies, 99.9% of the telecommunication companies in this country are taking on.
00:48:18.000It's a harassment issue because as we're moving towards this minority report style world where advertising and promotional media becomes more and more invasive, you know, now they have magazines that play videos when you're opening and reading now they have magazines that play videos when you're opening and reading just the They have systems whereby if you drive by certain
00:48:44.000Places on the highway where they have transmitters, they can sense what radio station you're listening to and display ads based on those tastes in music or preferences.
00:48:56.000When you list the bands that you like on your Facebook page, targeted advertising based on that information that you submitted is then directed towards you.
00:49:06.000So it's not just a question of your personal life being exposed and being known.
00:49:12.000It's the harassment that will follow as a result of this minority report style invasive advertising, which will all run off the information that you gave them in the first place.
00:50:03.000And it hasn't really changed from that in 2010.
00:50:07.000So, people need to be more aware than ever about personal information.
00:50:12.000I still find it amazing that people will post photographs of their own children and, you know, photographs of their own personal life completely openly on the internet for everyone in the world to view.
00:50:25.000I mean, if they value their privacy so little, then, you know, they shouldn't be surprised when all these scandals emerged about It's the Alex Jones Show.
00:51:52.000Remember, in a real crisis, non-hybrid seeds are the ultimate barter item.
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00:54:13.000And Paul, before you go, I want to get your take on Calderon earlier in the week, getting in front of the White House along with President Barack Obama, denouncing the Arizona law of prison.
00:54:24.000President Barack Obama getting up there saying, well I think the law has the potential to be used to racially profile, and then now getting in front of our Congress and receiving a standing ovation as he says, yeah, we're going to ban the guns and we're just going to make everybody legal here.
00:54:44.000Yeah, I wrote an article this morning about Congressman McClintock's response to what Calderon said and how he was cheered on by the Democrats in Congress.
00:54:58.000And he basically quoted President Teddy Roosevelt from about 100 years ago on how immigration was originally defined and how immigrants should emigrate into the United States and how it should be done.
00:55:15.000And the full quotes in the article and Teddy Roosevelt basically said, we only have room for one flag, the American flag, we only have room for one language and that is the English language.
00:55:27.000And yet, we were forced to witness a few days ago, Michelle Obama, the first lady, who visited a school in New Hampshire, dancing around with these children, a Mexican flag inside a US school, while the children told her about how their parents were illegal aliens.
00:55:50.000So I find it absolutely abhorrent that you've got these radical racial liberation theology people who are hyped up with this La Raza coming into the U.S.
00:56:03.000illegally, flying the Mexican flag, tearing down the U.S.
00:56:08.000flag, and now even you have students on campuses getting kicked off wearing t-shirts with the American flag on, and it's completely 180 to what the original scope and purpose of what rational immigration into America was supposed to be about.
00:56:26.000So it's a disgrace that a president, call him a president, lightly, he basically lost the election and he got in by hook or by crook.
00:56:37.000So an unelected dictator lecturing the United States Congress and the American people about their own domestic laws and then going further and attacking the Second Amendment and calling for the assault weapons ban to be reinstated.
00:56:55.000Um, and McClintock called it an outrage and that's exactly what it is.
00:57:01.000Absolutely an outrage and to go back to what Michelle Obama did they are playing on the dumbed down masses heartstrings by showing you this cute little girl and my mommy says we don't have papers does that mean I'm going to get taken away and then Michelle Obama says don't worry sweetie that's one of the things we have to fix and we're going to fix that don't worry I was blown away and you're seeing this all over the news.
00:57:34.000I mean, just look at the picture at the top of my article today.
00:57:40.000People who visit Mexico say, and we quoted another one who was a resident of Arizona in the article yesterday, that basically you can't travel for 20 minutes without getting stopped and searched by goons in military outfits with guns.
00:57:56.000So that's how Mexico treats visitors to Mexico, whereas, you know, you just walk straight across the border into the United States and you can get a welfare, you can get a job, you can get all these civil rights.
00:58:10.000And just for enforcing an immigration policy that's already on the books in Arizona, suddenly, you know, everybody's in outrage about it.
00:58:20.000And again, it's a contrived media spectacle.
00:58:23.000The key thing about it is, According to all the polls that I linked to on in the article yesterday, the majority of Hispanic, African-Americans and Asian-Americans support enforcing the current immigration laws that are on the books.
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01:01:17.000You want a small victory against the new world order?
01:01:41.000So there are a couple headlines that I'd like to go over including This one right here, FDIC problem banks at 775, a total of 775 banks or one-tenth of all U.S.
01:01:55.000banks were on the FDIC's list of problem institutions in the first quarter as bad loans in the commercial real estate market weighed on bank balance sheets.
01:02:05.000And it's probably much worse than that, but of course, the one-tenth, the 10% they're talking about are the smaller banks that will be consolidated, Consolidated into the big boys, what's your take, Bob?
01:02:19.000Well, first of all, the figure's over 2,000.
01:02:23.000I know that because I have somebody who attends those meetings who leaks the stuff to me.
01:02:28.000Second of all, there's 2,000 banks that the Comptroller of the Currencies Office has their employees in, and they're actually running the banks.
01:02:36.000And eventually, all of those banks will probably go under.
01:02:39.00072 banks officially have gone under this year, but they don't count How many branches they had, and many of them have 50 or 300 or whatever it is, branches.
01:02:50.000So it's been fairly extensive as far as job loss is concerned.
01:02:54.000And I think that there's a good possibility that two to three hundred will go under this year.
01:03:01.000It's hard to tell which way they're going to go on it as far as whether they're going to have some merges.
01:03:09.000And very often they don't even announce the merges.
01:03:13.000The FDIC probably has about 90 billion dollars, including the three years that the banks have paid ahead on their dues.
01:03:22.000That probably will last them until the end of the year, maybe into the first quarter of next year.
01:03:39.000People say the FDIC is broke and needs more help?
01:03:44.000Well, under the bill that was just passed in the Senate, which must go to conference in the House, the Federal Reserve, instead of being audited like they should be, is going to have one audit, and it's going to be restricted to just one certain area, and that's it.
01:04:09.000And so what they're doing is throwing the public a bone.
01:04:14.000Within that bill, the FDIC is supposed to take over the control of the currency, the FDIC, the SEC, the CFTC, and a new group called Consumer something or other to protect consumers.
01:04:34.000And then they also have Another group that they've formed under that.
01:05:29.000For instance, if you want to remodel your home, go to HomeGain.com.
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01:06:05.000A New World Order based upon collective action.
01:06:08.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
01:06:13.000The New World Order really is a tool for addressing a new world of possibilities.
01:06:18.000It means all the world under their control.
01:06:20.000The United Nations would take over America.
01:06:23.000The Trilateral Commission would control the world.
01:06:26.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
01:06:34.000I believe first of all that we now need nothing short of a world constitution for the global financial system.
01:06:39.000Global governance with the establishment of the G20.
01:06:42.000So it's going to be an inner ruling elite and then everyone else.
01:08:26.000Vote represents a major policy victory for President Obama.
01:08:30.000And I was out of town last night, so I was kind of late coming in.
01:08:33.000I didn't get to see this until last minute.
01:08:35.000Bob's going to break down what this bill is really about, but let me read the first paragraph for you.
01:08:40.000Prodded by national anger at Wall Street, the Senate and the Senate on, or I'm sorry, The Senate on Thursday passed the most far-reaching restraints on big banks since the Great Depression.
01:08:49.000In its broad sweep, the massive bill would touch Wall Street CEOs for the first time, home buyers, high-flying traders, and small-town lenders.
01:09:03.000It makes a monopoly out of the Federal Reserve, a private corporation.
01:09:10.000And it will include, as I pointed out earlier, really escape from audit for all intents and purposes, and the absorption of the control of the currency, and the FDIC, the SEC, the CFTC, and this new Consumer Protection Agency, and a stability board that they'll have, or something to that effect.
01:09:38.000And also they want reporting on derivatives that are trading over the counter market to be transparent like other kinds of derivatives that are now traded on exchanges and have been since 1972.
01:10:41.000And what it is, essentially, is a wall between the banks and the brokerage firms and the insurance companies.
01:10:50.000They used to be all together and they had trusts and things like that.
01:10:53.000And when the market went down in the 30s, it was a disaster because of the concentration and the interconnectivity of these banks with one another and the brokerage houses and all of that.
01:11:16.000And the people in the House are very disturbed that H.R.
01:11:21.0001207, which was the House bill, 326 members voted for it, that was decimated in the Senate committee.
01:11:31.000And so this bill is not going to easily go through the House.
01:11:36.000Whether there's a lot of Democrats in there or not.
01:11:39.000And because some of the Democrats are fiscally conservative.
01:11:44.000And so we haven't heard the end of this yet, but I want to add something here that you didn't expect.
01:11:49.000And that is, on May 6, we saw the market drop a thousand points.
01:11:55.000And I explained in the forecaster why that happened.
01:11:59.000And it was these black box traders Using the algorithms and hedge funds that deliberately knocked the market down.
01:12:10.000And they were trying to tell the Senate, if you don't do what we want you to do, we're going to destroy this market.
01:12:16.000Now, they've done it again in the last five or six days because they wanted to, again, get the Senate to do as little as possible about the things that the Senate was supposed to do and what Wall Street and banking didn't want.
01:12:51.000They've got to pass this in the House.
01:12:53.000This isn't just Alex Jones or Bob Chapman telling you this.
01:12:56.000This has been in the Associated Press.
01:12:58.000But they're reporting it like it's a good thing.
01:12:59.000In the bill, it allows the federal government To live time track every credit card purchase, everything you're doing in your bank account, you know, before they could just randomly dial in or have the bank spy on you.
01:13:13.000This is now everything you do transparent to the government.
01:13:17.000And it gives all these Goldman Sachs, JP Morgan regulators that are in all the regulation positions the power to come in and take over regional banks, local banks, healthy banks.
01:13:28.000And that's why the head of the Texas Banking Association a month ago Basically, you know, wrote a big editorial saying this is a takeover of healthy banks that aren't involved in the derivatives.
01:13:48.000And then they sell something to the public that, oh, this will get the big bankers, this will... Just like 1913 takeover was passed as a supposed way to bring the bankers
01:14:01.000To justice when when they were the ones that were engineering it so it's problem reaction solution We've got to beat this in the house It's just a giant power grab and so I want Bob to speak to that and I'm gonna let you guys go But also about to talk about what's happening in the global markets right now and what he sees with the serious chance of a financial meltdown Robini and others are saying is At least a 20% drop in the next month on the stock market.
01:14:31.000Fobbers saying a 90% chance China's going to implode, which will bring us down.
01:14:35.000I mean, these are crazy times to be alive.
01:15:01.000That's a subjective answer, but knowing he's a politician, he's playing both sides.
01:15:07.000And, you know, he did one thing and says another.
01:15:10.000You know, watch what they do, not what they say.
01:15:13.000But just generally speaking, I think we're on our way, and this is a side note, with the elections that are being held, the primaries particularly, are very positive in our direction.
01:15:29.000And I just hope in November that people stampede to the polls and vote out every incumbent, with the exception of a handful.
01:15:40.000And if we can do that, we get a shot within the system of changing things and changing them dramatically.
01:15:47.000If that doesn't happen, it's not going to be easy.
01:15:52.000Getting back to the financial experience that we're going through right now, most people won't come out.
01:16:01.000And say what I and Max Keiser in particular say, because we've both been market people, so to speak, for many years.
01:16:10.000And the truth about what these people are up to, and it is amazing that the power and the pressure that Wall Street and banking are bringing upon the Senate, you saw they did virtually nothing.
01:16:27.000And they're going to try to apply the same pressure to the House.
01:16:31.000And they're telling these people in the House, you see the market?
01:16:34.000You want it a couple of thousand points lower?
01:16:47.000As Alex talked about, this is yet more consolidation of power for the Federal Reserve.
01:16:52.000We saw that consolidation of power over a year ago at the G20, when all of a sudden the Federal Reserve, the SEC were under the IMF and World Bank.
01:17:01.000I mean, how much further can they take this, Bob?
01:17:03.000Well, they're going to take it as far as they can because they want a one world dictatorial government.
01:17:10.000They want to enslave everybody, and they've wanted to do this for a thousand years.
01:17:15.000And so they're going to keep on doing it, and that's why if we can go in and take over Congress, so to speak, for the people, instead of these vested interests, then we can stop them from doing what they're doing.
01:17:29.000I mean, flash trading, which is front-running, Has always been illegal and the SEC stands there and allows 17 major firms with black boxes with algorithms to beat the public to death in nanosecond trading right in the New York Stock Exchange.
01:17:55.000Second of all, they allow naked shorting and it's illegal, but they still do it.
01:18:02.000And derivatives Or a disaster waiting to happen.
01:18:05.000There shouldn't be any derivatives unless they're on a listed exchange.
01:18:10.000There shouldn't be the ChaiX exchange, which most of you have never even heard of, which is doing these deep... I forget what they call them.
01:18:23.000I write about it all the time, but I can't remember.
01:18:33.000They're trading billions of dollars of shares every day in these dark pools and nobody knows what they're doing.
01:18:42.000Well, I think that's why it's so important that we need to get ourselves into a position where we can take care of ourselves financially if the stock market completely dies, if the dollar is devalued further.
01:18:53.000On the other side, I want to talk about China revaluation would hurt U.S.
01:18:58.000World Banks, and that is the, I believe, chief economist of the World Bank actually admitting if they revalue China's currency, it's going to hurt us big time.
01:19:07.000But I also want to implore people to protect themselves, to get into gold and silver and hard currencies that have retained value for thousands of years over at theinternationalforecaster.com or you can call 1-800-686-2237.
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01:21:01.000The question is, where should the American people draw their line in the sand?
01:24:16.000And before I get into China revaluation would hurt U.S., World Bank's Lin, that's the chief economist for the World Bank, actually admitting if they revalue China's currency, it is going to hurt us here.
01:24:28.000I want to talk about solutions and how people can really protect themselves from this very faltering economy.
01:24:35.000Some of the other headlines out there are Dow dips below 10,000 points today.
01:24:44.000Europe's debt woes raise concerns that global recovery could still be far away.
01:24:50.000And remember we were already supposed to have this global recovery and oh the recession is over but now it's a double-dip recession and we dare not talk depression.
01:25:00.000Bob, how can people protect themselves?
01:25:03.000Well, I think the most important thing is your job.
01:25:08.000And most people in the families today that are employed have the wife and the husband working, and you should diligently try your best to keep your job.
01:25:18.000And in the meantime, you should see to having freeze-dried and dehydrated food because if you lose your job, at least you can eat.
01:25:27.000And if there's emergencies, you'll have them on hand.
01:25:30.000A water filter, if eventually we have the delivery of a water system breakdown.
01:25:36.000And you should have something in your home to protect it.
01:25:40.000Sometimes there are a lot of bad people running around, and I don't have to expand on that.
01:25:45.000And if you have investments, if you have money left over, then you should be out of the stock market except for gold and silver shares, out of bonds, out of the commodity market, because most people really shouldn't be there unless they're professionals.
01:26:04.000Because 95% of the people who go into the foreign exchange market and the commodity market lose money.
01:26:10.000And you should only have in the bank three years supply of operating funds, three months supply of operating funds for a business, six months.
01:28:22.000You guys also have Walking Liberty half dollars at $9.75, and of course the British sovereign gold coins at $332.12.
01:28:32.000And gold and silver have been doing especially well in the past few weeks, haven't they?
01:28:37.000They have, and even though the markets come down, I'm telling my subscribers the correction I think is almost over in the gold and silver area.
01:28:47.000Because I'm seeing short covering starting yesterday.
01:33:28.000But before that, I want to get your take on the Chief Economist for the World Bank.
01:33:34.000Lin, Justin Yifu Lin, saying that if they revalue China's currency, it's going to hurt this country.
01:33:41.000And we've known this, but let's talk about the implications if it's actually done.
01:33:46.000Well, since the mid-1990s, the preferred method of keeping down inflation in the United States has been the importation of goods from other countries, but particularly from China.
01:33:59.000I mean, you go in the store, virtually everything Indian is made in China.
01:34:03.000And the slave labor countries were able to deliver cheaper products and they all suppress the value of their currencies.
01:34:12.000No matter what they say, that's what they were up to.
01:34:15.000And that's where I believe we need tariffs and goods and services like we used to have in order to set a level playing field if they want to do business in the United States.
01:34:24.000But the point here Is that the Chinese currency is way undervalued.
01:34:30.000If they raise it, the exports to the United States will be more expensive.
01:34:35.000And that's coming at a time when the dollar is expensive and the dollar shouldn't be trading where it's at.
01:34:43.000Whether the euro should be where it's at is up to debate.
01:34:47.000But the point is the dollar Doesn't deserve to be as strong as it is on the USDX index.
01:34:53.000It just went from 74 up to 85 in a four month period, which is really insanity.
01:35:00.000And that means that the balance of payments deficit in the United States is going to skyrocket because they're not going to be able to sell very easily in foreign countries because their currency has gone up in value.
01:35:16.000So you put the two of them together, And the United States is going to pay dearly for a revaluation or a stronger Chinese currency.
01:36:22.000But anyway, China has got terrible problems.
01:36:27.000They have a stock market that's fallen 25% since last September, which incidentally we predicted on this program.
01:36:34.000And the housing market is a bubble that's about to blow up.
01:36:38.000And they still have 30 million unemployed.
01:36:42.000The only thing I can see that's good that's happened in China is people are taking their foreign exchange and they're trading it in for gold and silver.
01:36:52.000However, the working conditions in China are completely deplorable.
01:36:57.000Go check out Walmart, the high cost, the low prices, just to see that.
01:37:00.000But we also have new death at iPhone factory as Chinese worker becomes eighth fatality this year.
01:37:52.000And so what does it say about our government?
01:37:55.000I think we could call it corporate is fascist.
01:37:58.000It's just two types of socialism and they seem to be getting along fine.
01:38:02.000As long as it lines the pockets of the wealthy transnational conglomerates and the members of Congress and the elites who give orders to our government and most governments in the world.
01:38:15.000Yeah, and I briefly cover this in my latest film, Invisible Empire, A New World Order Defined, when I'm going over the Bush senior era of a quote-unquote New World Order.
01:38:25.000We go to a Senate hearing where Joe Biden, Chris Dodd, and others are asking James Baker about China and its role in what?
01:38:35.000Oh, the New World Order, because that's what George Bush was talking about.
01:38:38.000He was talking about China's role in the New World Order, and James Baker says, look, This is a nation we're going to have to work with because of their size and because of their economy.
01:39:03.000Before I get into my question for Bob, I wanted to also say for any of you guys out there in Florida, there's a guy by the name of Bruce Ray Riggs.
01:39:17.000Bob, my question is, do you guys, do you know of any rumors circling around about the possibility of, you know, with everybody finding out about what the Federal Reserve's doing and wanting to end the Fed, that there could be a shift into a possible split paradigm, like something under, like a corporate treasury under the government itself, and then just shifting power into What's called the United States Treasury, only a corporate body of it.
01:39:44.000I don't think they're attempting to do that as far as I know.
01:39:49.000Although it would be something that they would consider, I would think.
01:39:54.000One of the things that I didn't mention today is my sources in New York City tell me that a class action suit, one of many, is coming against JPMorgan Chase for rigging the silver market.
01:40:09.000And, uh, that ought to be quite interesting, uh, because that's exactly what they've been doing.
01:40:14.000And I think the defense is going to be, uh, we did it for the U.S.
01:40:18.000government under the Working Group for Financial Markets.
01:40:22.000And, uh, uh, maybe they'll get off the hook on it, but they're going to have to stop it.
01:40:26.000So it's going to be a big plus for us.
01:40:28.000And there are an awful lot of other lawsuits against them and other, uh, big firms, uh, of different kinds, uh, related to fraud.
01:40:39.000Alright, let's go to our next caller, Chris in Florida.
01:40:45.000Oh yeah, Jason, you're talking about the iPad where they're not accepting cash anymore and I wanted to run this by Bob and have another question.
01:40:54.000There's the tender of payment governed under the Uniform Commercial Code 3-603 so that It seems to specify there under paragraph 2 that if you do tender payment and they refuse that tender, then your obligation is discharged.
01:41:09.000And perhaps that could be a way that we could use to preserve our right to pay cash.
01:41:15.000Now, the definition of lawful money I noticed recently was repealed back in January 2009.
01:41:22.000It was in Title 12, Section 152 that says that the terms lawful money and lawful money of the United States shall be construed to mean a gold and silver coin of the United States.
01:41:32.000And I was wondering if Bob had any news on that because it seems like it had something to do with the FDR's replacing lawful money.
01:41:40.000Well, I think they'd like to do that, but I don't, under the circumstances in the world right now, I don't see anybody accepting anything that doesn't have some goal backing.
01:41:54.000They tried them in the late 60s, they didn't work.
01:41:56.000They've been trying them again recently, they're never going to work.
01:42:00.000The only thing I can see that's workable is a G20 has a meeting, they index all the currencies into a giant index, They'll be weighted versus the value of the country involved, what their rating is.
01:42:17.000And to use that for an international currency, for international trade only.
01:42:25.000Other than that, I see nothing beyond that.
01:42:28.000I mean, these people on the inside are in deep trouble.
01:42:32.000Before I go to Chris in Boston, Bob, I want to get your take on the fact that Apple is refusing cash for their iPad, saying it's for security reasons.
01:42:42.000So in order to buy one of these devices, you have to have a credit or debit card further, you know, promoting this cashless society control grid.
01:43:18.000And by the way, folks, I just got this handed to me by Rob Do.
01:43:22.000Believe it or not, Apple changes its tune.
01:43:24.000It will now accept cash for the iPad at the Apple Store.
01:43:28.000So I guess the uprising of the past two or three days of us reporting on this has now caused really an incitement.
01:43:35.000And yes, now they are going to take cash.
01:43:37.000And that's the kind of thing we have to do.
01:43:39.000We have to force these people to take cash when they say no, because when they can turn down a legal tender, they can do just about anything they want.
01:44:12.000Too bad for our Bruins, but who cares about sports anyway?
01:44:16.000My question, Bob, recently I had a chance to come up with some bonus money from work.
01:44:23.000Initially I was thinking about buying a gold coin or two, but when you think of everything going down, I mean, how much sense does it make to To buy gold coins if it's going to collapse as bad as it seems.
01:44:46.000When I started listening to the Alex Jones program in 2003, really started to become awake in 2002, you could purchase an ounce of gold for under $300.
01:44:56.000We're talking about less than seven years ago, and I believe it's hovering around $1,200 right now.
01:45:03.000Even if it takes a hit and dips below $1,000, it still has inherent value as a fiat currency never will, Bob.
01:45:19.000The deal is, Chris, you can wait and you can hedge your bets or you can invest in something that will have a value a month from now, six months from now, 12 months from now, five years from now, 10 years from now, or we can sit here and nitpick and say, well, it might fall a little bit off.
01:46:12.000If they finally are being hit from all sides, maybe not just in this country, but in other countries with similar laws, maybe we can stop them doing this and then stop this up in the tracks, basically.
01:46:22.000But going back to my original question, is there anything beyond... Well, I would say this, before Bob answers the second part as part of the original question, and maybe there's some other funds out there too, I say silver.
01:48:38.000Uh, the question is, the data that they collect is being turned over to the United States government and they get a dossier on you just like they have everybody else.
01:48:47.000Yeah, they're going crazy in my area, too, with the... I actually live in a suburb of Manhattan in New Jersey, and they're going crazy with the census, too, asking ridiculous questions.
01:48:59.000You know, even if you filled in the paperwork, oh, we just want to double-check, you know, and they're going door-to-door.
01:49:06.000The financial question I had for you was, you know, everybody... I understand that gold is probably your best bet if you can Get money together and invest in something.
01:49:20.000With the devaluation of currency, how does that relate to people who have debt?
01:49:26.000You know, like if you own a mortgage and it devalues, is that a good thing?
01:49:34.000Well, it's a bad thing because logically you would say if you owe $100,000 and the dollar is devalued by two-thirds and so you would only have to pay back $32,500 on a $100,000 loan.
01:49:51.000Well, the government is not interested in that.
01:50:16.000Bob, a couple of weeks ago, I heard you mention that you believe at some point that the stock market could go down as low as $2,500 to $3,000.
01:50:21.000I just want to... $2,800 to $3,200 is the number, but that's close enough.
01:50:28.000If you had to guess, do you believe that decline is going to be gradual, or do you expect one major event to just set the clock?
01:50:35.000I think it'll be gradual because of the ability of the United States government through the Working Group on Financial Markets to manipulate the market.
01:52:05.000A New World Order based upon collective action.
01:52:09.000Invisible Empire is a damning indictment of the globalists through their own words and documents.
01:52:14.000The New World Order really is a tool for addressing a new world of possibilities.
01:52:18.000It means all the world under their control.
01:52:21.000The United Nations would take over America.
01:52:23.000The Trilateral Commission would control the world.
01:52:26.000Invisible Empire chronicles how men of power and influence have worked in stealth for centuries to establish an oppressive world government.
01:52:34.000I believe first of all that we now need nothing short of a world constitution for the global financial system.
01:52:40.000Global governance with the establishment of the G20.
01:52:43.000So it's going to be an inner ruling elite and then everyone else.
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01:54:11.000We've got Alex coming up in the next hour.
01:54:14.000Bob's going to hang over till the 5 after marker with us.
01:54:17.000And you were just finishing up how you don't think that the stock market collapse, and you said it could collapse to 2800 to 3500 points, will be a gradual one, Bob.
01:55:27.000First of all, I want to say congratulations on being more relevant and focused every day, bringing us the most concise boil down of all the information we're not finding anywhere else.
01:55:40.000And also, obviously, Bob Chapman is a great example of all of the informed and really insightful people who we need to be listening to right now.
01:55:52.000First of all, I want to give a shout out to Justin or whatever was his name yesterday.
01:55:57.000That was the most refreshing thing to hear, that call.
01:56:54.000And before he did that, these algorithms which he created, he transferred it to a German company.
01:57:03.000And Goldman was saying, well, you can't do that and we're bringing criminal charges against you rather than civil.
01:57:11.000And the FBI came and picked him up and then he was released and we heard nothing further about it, which tells me probably Goldman didn't have a case, otherwise we would have heard about it.
01:57:24.000Alright, let's go to our next caller, Jeff in Michigan.
01:57:31.000I wanted to see if you, Bob, if you agree with my interpretation of the situation.
01:57:39.000I believe that we can best find a solution to what situation we're in by studying the root I agree with the previous caller talking about the UCC law and how a debt, if refused, should be discharged.
01:58:00.000Because the pivot point for me is House Joint Resolution 192.
01:58:05.000Because when you take away gold and silver as money, you take away the Constitution.
01:58:12.000You can't just take away a section of the Constitution and expect the rest to be there.
01:58:17.000When they set aside the Constitution, took away gold and silver as money, they took away legitimate government as well, and legitimate law.
02:01:04.000And they'll continue to do so until we stop them.
02:01:08.000And that's what throwing everybody out of Congress is all about.
02:01:11.000But don't worry, Jim Cramer will tell you that the Bavarian Illuminati and Goldman Sachs and the Queen of England aren't all that bad, Bob.
02:02:29.000I just got a letter today from a friend of mine who attends the Fed meetings.
02:02:37.000And he says that by the end of the year, maybe as early as November, that the banking system is going to come down.
02:02:48.000And he says that they believe that all of the banks will be wrapped up in those five or six major banks in the United States, and they will control everything from a banking viewpoint.
02:03:02.000The internationalforecaster.com is the website, or you can call Midas Resources at 1-800-686-2237 and get their latest and greatest deals on gold and silver.
02:03:19.000One of my big questions, what about the possibility of collecting copper for those of us that do not have enough money to invest in silver and gold?
02:03:28.000Well, the government, if you collect pennies, the government says that it's illegal to destroy them.
02:03:35.000But if you go out and collect copper, you've got to remember that it's a commodity, and it can range anywhere from $62 a pound to $4.20 a pound.
02:03:45.000So there's a risk factor in there, and if we eventually have a deflationary depression, the value of commodities would eventually fall.