In this episode of Conspiracy Theories, Alex Jones and his guest Max Keiser discuss the controlled implosion of the global economy by globalists and the impending collapse of the world economy by design. They discuss the role of the police, military, and Homeland Security in the global financial collapse and how they are preparing for the coming financial collapse.
00:00:31.000Well every radio broadcast we engage in is extremely important But this one obviously more than many of the others it is Sunday the 12th day of August 2012 I am your host Alex Jones, and we're gonna be here for the next two hours as we are every Sunday From 4 to 6 p.m.
00:01:02.000Coming up in about 35 minutes from now, we're going to have Max Keiser on with us, former stockbroker and inventor of the virtual trading systems.
00:01:12.000He is going to be joining us to break down the controlled implosion of Europe that is being segued into the controlled implosion of our economy by design.
00:01:27.000And we're gonna break down the Reuters article carried by Chicago Tribune and others.
00:01:47.000Saying that, yes, in 2010, plans were drawn up to deal with a second banking crisis or collapse and for there to be no, quote, government bailouts, taxpayer bailouts.
00:02:02.000They make you beg to basically have a tax to the banksters to prop up their derivatives that are impossible to prop up.
00:02:10.000But now they're admitting that the recession never ended almost four years ago.
00:02:14.000Now they're admitting the globe is in a depression.
00:02:17.000More and more experts are breaking this down and our police and military sources are saying, and you've heard them on air but you've also seen it in the news, they're preparing for civil unrest.
00:02:27.000They're delivering giant black Armored war wagons to every major city the Secretary of the Army is saying only the army can keep order but but the economy so great, but We're gonna have local governments collapse and go bankrupt and then have The military role in and Ron Paul back in May Warned of this
00:02:56.000And he also warned before that, back in February of this year, that he's been warning, going back to my film Matrix of Evil, that I shot here in Austin in 2003, about once the globalists implode the world economy by design with derivatives, the great danger comes when they pose as the saviors.
00:03:21.000So Max Keiser is going to be joining us coming up a little bit after the bottom of the hour.
00:03:26.000He'll be with us for the balance of the broadcast.
00:03:28.000And we're going to take your calls in the second hour for Max here today.
00:03:33.000Your questions, your comments, your statements about the true nature of the economy.
00:03:37.000Now, some people say, hey, let's put a good face on this.
00:03:43.000And if we were in an economy that wasn't fully manipulated, yeah, confidence is important.
00:03:49.000But the only confidence out there is in the globalists.
00:03:53.000They want to destroy confidence in the real economy, make it very hard to operate if you're not an insider.
00:03:58.000The globalists exempt themselves to crony monopoly world.
00:04:03.000So the only system that they allow there to be confidence in is their fraud that is based in our enslavement.
00:04:10.000And so we have to create Zero confidence by pointing out this criminal operation, or they're going to be able to complete their takeover and their implosion.
00:04:21.000The only way out of this is waking up to the fact that it's been engineered and these people are bragging about it.
00:04:28.000So that is the big issue we're going to be breaking down.
00:04:32.000When we come back, we'll play part of Ron Paul's warning.
00:04:54.000Now the president, who helped cover it up there at the university, has been sent to Homeland Security.
00:05:00.000You've heard Alex explain how the Silver Lungs Generator infuses the respiratory system with your self-produced colloidal silver solutions, yet many are unaware of the entire function of the Silver Lungs System and how it has been designed to deliver your silver solutions anywhere in or on the body.
00:05:16.000My name is Mario Cifaldi and I'm the developer of the Silver Lungs Generator.
00:05:21.000Not only does the Silver Lung System produce endless colloidal and ionic silver solutions, it also comes equipped with the proper applicators and devices needed to deliver your silver solutions directly to key target areas.
00:05:33.000This includes the eyes, ears, nose, lungs, topically to the skin, and orally for the digestive system.
00:05:41.000Be sure to watch our new 7-minute video tour of the Silver Lungs System at www.SilverLungs.com to learn more about how the Silver Lungs System works.
00:05:52.000As well, we are always ready to answer any questions you may have.
00:06:43.000Former top stockbroker, even worked with George Soros and his son, and, of course, invented what is now used as a virtual trading software by Goldman Sachs and others.
00:06:54.000Max Keiser, worldwide TV host and radio host, will be joining us coming up at the bottom of the hour.
00:07:01.000It's late at night there, but I'm going to twist his arm and join us for about an hour and 20 minutes or so, so that in the second hour today, we can open the phones up for your economic questions or statements.
00:07:42.000We've got Daily Mail and others reporting Jerry Sandusky shared boys he molested with other high-profile pedophiles linked to Penn State as part of a sex ring.
00:07:51.000Gee, do you think fish swim in the sea?
00:07:53.000He was raping kids in the middle of the workday in the showers.
00:07:58.000The former head of the school that helped cover it up, the Washington Post, is reporting Graham Spanner has been sent to a national security job so secret we can't be told what it is at the Department of Homeland Enslavement.
00:08:17.000Gee, I got a lot of heat saying that Paterno knew what was going on when this first broke last year.
00:08:26.000Of course, you know, they've pulled down his statue now.
00:08:29.000Again, ladies and gentlemen, the only thing that never ceases to amaze me is the depth of the naivete.
00:08:38.000I found press reports before this even reportedly broke.
00:08:43.000I went back and found articles from 1992.
00:08:46.000Supposedly all started in the late 90s.
00:08:49.000I remember having Senator John DeCamp On who wrote the Franklin cover-up more than a decade ago when he said that his investigations of child molesters running the government, of course the camp was also former CIA, went all the way All the way to places like the Penn State football program.
00:09:12.000And of course, in that interview from more than 10 years ago, I think it was 12 years ago, people found it online, you hear me saying, let's not go there.
00:09:18.000No, no, no, that hasn't been adjudicated in court and shutting him down.
00:09:22.000He said Boys Town in Pennsylvania was doing it.
00:09:37.000I mean, look at the reports out where the head of Homeland Security in New York is suing Janet Napolitano, and he's got a bunch of men lined up as witnesses.
00:09:45.000They would do things reportedly to the men in Homeland Security.
00:09:49.000I mean, senior deputy directors and people in the Justice Department that I can't even say on air, even though it's in the New York Daily News and other places, from the suit.
00:10:03.000And this is only the tip of the iceberg.
00:10:05.000So again, I told you, ladies and gentlemen, if they're raping kids in broad daylight on weekdays, in the showers at the field house, that means the entire system's involved.
00:10:17.000I don't know how many of you played football.
00:10:18.000I played football, wasn't very good at it.
00:10:20.000But let me tell you, middle of the week in a field house, it's full of people.
00:10:25.000At night, it's full of coaches watching film tapes.
00:10:28.000Field houses at a high school are full of people, much less a major college.
00:11:13.000This is going on before we went into the depression in 2008, with all the Koch numbers, how we left the recession four years ago, and, you know, the fake Nielsen ratings, and the fake Gallup poll, and just this whole fake system they spew at us.
00:11:32.000But if you look at what's happening with the Euro, if you look at what's happening around the world, the 1.5 quadrillion, 1,500 trillion plus, in fake derivatives that make Bernie Madoff and Ken Lay blush, if you look at all of that...
00:11:48.000It is hundreds of times what we owe or what we could ever pay back.
00:11:52.000The banksters that run the six megabanks that have bragged that they've cance- uh, uh, I just had a Freudian slip called them cancer, that they have conquered the world.
00:12:02.000This cancer has taken over and- As Max Keiser said a few weeks ago on my show, I'm always pointing out these people are cancer, they want to take over.
00:12:11.000If cancer had a consciousness, it would, you know, think that it was survival of the fittest, social Darwinism, it's its right to take over, when really it kills the host.
00:12:21.000And Keiser said, yeah, cancer is programmed to take it all.
00:12:29.000They've got the mainstream media up there shilling for them, the establishment facade.
00:12:35.000Now that that facade is crumbling, they're coming in with internet censorship and control of the new media and presidential alerts breaking in over radio and TV and your cell phone.
00:12:46.000But bottom line, before we go to break and come back and I really break this down, system-wide, Not just here, but all over the world, because it's a global system these Ponzi scheme operators got the planet to buy into, based on the dollar.
00:13:03.000They are preparing for a total collapse, from which the banksters are going to pose as the saviors.
00:13:10.000And a big telltale sign of when they're getting ready to drop the hammer, ...is when you start seeing news articles in Fox News, Chicago Tribune, Reuters, Washington Times, I mean I've got them all here, about martial law, about highway checkpoints, about financial collapse, but just starting to report on it like it's not a bad thing.
00:13:32.000The Washington Times is saying it is a bad thing.
00:13:35.000But the others are talking about how great this is.
00:13:38.000Hey, gee, I wish our city had some troops marching around.
00:13:41.000I've actually played newscast here in St.
00:13:42.000Louis where they have regular army driving around in tanks arresting people and running checkpoints and they got guys in the news going, gee, I think it's really great!
00:13:54.000So, this is the conversion of our economy into the Ponzi scheme.
00:13:58.000They sign on your pensions, the country, everything, to too big to fail, and it's designed to black hole everything into it, with the bankers regulating it, with a total centralized system picking winners and losers, aka monopoly cronyism.
00:14:16.000Fascism, corporatism is not a good enough word for it.
00:14:21.000With socialism at the bottom of it to keep the public through socialism that leads into communism dependent on systems that offshore banks run.
00:14:33.000That'll burn the cities down if they don't get their welfare checks, or if the welfare checks stop having purchasing power.
00:14:39.000And that's the question I want to pose here.
00:14:41.000I'm going to write an article with Watson in the next few days, dealing with historically other empires, Rome and others, bringing in large immigrant populations, creating large welfare populations, the exact same thing's been done before.
00:14:53.000All of those ancient civilizations, and even modern ones, end up collapsing and large swaths burning.
00:15:59.000The worst drought in 50 years continues, and the first six months of 2012 marks the hottest half year on record.
00:16:07.00078% of the Midwest corn belt is in drought conditions.
00:16:10.000Not only corn, but soy, alfalfa, fruits, vegetables, and wheat are all impacted, raising prices.
00:16:15.000The cost to feed livestock is forcing farmers and ranchers out of business, blowing up your food prices.
00:16:20.000The only strategy to counter this is to freeze your food cost at today's prices by getting your own supply of foods from eFoods Direct now.
00:16:28.000As the price of raw ingredients increases, eFoods will have to raise prices too.
00:20:45.000We are back live on this Sunday broadcast.
00:20:53.000Well, a lot of people are really excited because Mainline Neocon Radio told them that Paul Ryan is so conservative that George Washington basically worships him from the grave.
00:21:06.000The problem is his record, not his rhetoric, but his Record!
00:21:12.000He supported No Child Left Behind, the federal takeover of education, the prescription drug benefit known as the largest expansion of welfare states since Lyndon Johnson's Transportation Security Administration.
00:21:28.000He helped set that up as well, the TSA, to grope everybody.
00:21:33.000That harasses all the travelers and gropes your family.
00:21:36.000He supported the Patriot Act, giving government enhanced powers for warrantless snooping.
00:21:40.000The Troubled Asset Relief Program that bailed out the too-big-to-fail trillions of dollars of your money to the foreign banks.
00:21:48.000He supported bailing out General Motors and using your tax money to ship it to China.
00:21:53.000And the National Defense Authorization Act, the secret arrest and killing of US citizens.
00:21:59.000In short, he is a typical Bush-era Republican.
00:22:02.000That's what Jack Kenney, New American Magazine wrote.
00:22:05.000We've got a story up at Infowars.com, and I agree with those statements.
00:22:19.000I'm just saying, let's get honest here.
00:22:21.000The global offshore banks that are financing Mitt Romney and financing Obama get what they want.
00:22:27.000And these guys are puppets at the end of the day.
00:22:32.000Sure, with Obama you get some really nasty anti-Second Amendment, Chicago crime syndicate people who are really dangerous.
00:22:41.000But Mitt Romney has supported Banning semi-autos before, and you notice we've seen Fox News promoting banning, banning the owning of semi-autos.
00:22:52.000We've seen Bill Kristol, we've seen Rupert Murdoch, we've seen Bill O'Reilly, we've seen Michael Savage come out and say, you know what?
00:23:22.000And when foreign banks, in hundreds of publications, we wrote an article a few weeks ago titled, Banks Declare They've Conquered the U.S.
00:23:30.000And it has all the video clips of the head of the EU, and the head of Goldman Sachs, and CNBC, and The Economist Magazine bragging that they've conquered us.
00:23:41.000And that they're going to use the crisis, that Herman Von Ruppe, At that time, head of the EU, now he's head of the Council, saying, we're going to use this crisis to bring in the world government, and we're going to use the crisis to take over.
00:23:57.000In fact, I've got articles here today where the Federal Reserve Chief was on National News, what, Friday?
00:24:03.000And then again this morning, Bernanke of the private Federal Reserve saying, Europe needs more centralization and more power and more taxes.
00:24:11.000And then lectures the people, says they're lazy.
00:25:26.000The last four years since we got secret documents, three and a half years ago, saying returning veterans, gun owners, libertarians, literally in the army drills, the bad guys wear overalls or coveralls and John Deere hats.
00:25:39.000We even have footage of it in my films.
00:27:14.000Can we cue that clip up from CNBC that I've played 20 times?
00:27:18.000They're bragging everywhere that they've conquered America.
00:27:24.000And to make sure they fully bankrupt us under their control, they have been training the military to take our guns and put us in labor camps and collapse society.
00:28:48.000They know you're watching, you know, Paint Dry.
00:28:51.000Okay, I'm not saying you're bad, but you are.
00:28:53.000But the point is, these criminals that make Bernie Madoff look like an angel are in control right now.
00:29:00.000The worst drought in 50 years continues, and the first six months of 2012 marks the hottest half year on record.
00:29:07.00078% of the Midwest corn belt is in drought conditions.
00:29:10.000Not only corn, but soy, alfalfa, fruits, vegetables, and wheat are all impacted, raising prices.
00:29:15.000The cost to feed livestock is forcing farmers and ranchers out of business, blowing up your food prices.
00:29:20.000The only strategy to counter this is to freeze your food cost at today's prices by getting your own supply of foods from eFoods Direct now.
00:29:28.000As the price of raw ingredients increases, eFoods will have to raise prices too.
00:29:53.000Call 800 or 09-5633 or eFoodsDirect.com forward slash Alex.
00:29:58.000You can bet your life on eFoodsDirect.
00:30:00.000Alex Jones here with a great way to beat the blackouts, get off the grid, and generate your own supply of electrical power.
00:30:07.000Folks, with what's been going on in this country, I don't have to tell you about the power grid and just how vulnerable it is.
00:30:13.000That's in the mainstream news every day.
00:30:15.000Millions of people have lost their power in the last few weeks because of dangerous storms and killer heat that's pushing the grid beyond its capacity.
00:30:23.000I've always said that every family needs to be ready for blackouts.
00:30:27.000And if you don't have a backup system in place, I've got a great opportunity for you.
00:30:31.000Right now, our good friends at Solutions from Science are offering huge savings on their best-selling Power Hub unit.
00:30:38.000In fact, I think it's the best deal I've ever seen them make.
00:30:41.000It's literally thousands of dollars in savings.
00:30:44.000Remember, these backup systems don't need gas because they're solar-powered.
00:30:48.000That means there's no dangerous fumes and no noise.
00:30:51.000InfoWars listeners can get all the details at BeatTheBlackouts.com.
00:31:02.000Hi folks, this is Alex Jones and I want to tell you about the Silver Lungs Generator.
00:31:06.000Now you can produce pure and endless colloidal silver and deliver the solution directly into the bloodstream by breathing the solution through the lungs.
00:31:15.000The respiratory system is the first line of defense for airborne pathogens and viruses.
00:31:19.000The Silver Lungs Generator infuses the respiratory system with your self-produced nano-silver solutions and also delivers the silver nanoparticles instantly into the bloodstream.
00:31:31.000With continued legislation threatening the sale of nano silver products, you can now produce pure and endless loyal silver with the Silver Lungs Generator.
00:31:40.000Very easy to follow, step-by-step instructions are provided, making production fast and simple.
00:31:46.000Go to www.silverlungs.com today and learn more about the breakthrough technology of the Silver Lungs Generator.
00:32:00.000Sick of the globalist eugenicist control freaks adding poison to your water and laughing as you get sick and die?
00:32:05.000Start purifying your water with ProPure.
00:32:08.000My friends, I've done a lot of research, and the best gravity filter out there bar none is ProPure, and it's available discounted at InfoWars.com.
00:32:17.000Its filters are silver impregnated to prevent bacterial growth.
00:33:38.000My friends, the United States and the rest of the world is being mopped up.
00:33:44.000We've already been captured to a great extent.
00:33:47.000But we're going into draconian authoritarian oppression because the ruling class, that happens to be private central bankers, they hired the ADL and Southern Poverty Law Center in the last 50 years to demonize anybody that pointed that out, including congressmen.
00:34:03.000They had people arrested in Europe that point that out.
00:34:07.000They have now openly themselves bragged, we have captured you through fraud.
00:34:11.000Now we're going to take over what's left.
00:34:13.000Now we're going to shut down your cities via Agenda 21 and carbon taxes.
00:34:19.000And now my military sources, but also in mainstream news, and my police sources, Are saying October, late October, early November, total collapse.
00:34:29.000Chicago Tribune saying that the federal government's getting the big six megabanks, five of them U.S., ready during a collapse to not have federal help.
00:35:16.000So we're going to be going over all of that right before Max Keiser leaves us.
00:35:20.000Now, it's close to midnight over there in Europe on the continent where he joins us from.
00:35:25.000We're going to be going to him here in just a second to go over this, but here's the $64 million statement.
00:35:33.000If we do not identify the globalists as the culprits of this, they're going to continue the collapse because it's designed, they brag it is, to consolidate power as they pose as the saviors.
00:35:44.000So they're always busy telling you you're not in a recession or depression, but give us more power or you will be, as they walk us in to this system that they've bragged they're establishing.
00:35:55.000We'll talk to Max Keiser for the balance of this hour and as much of the next hour as he can do as we take phone calls in the next hour.
00:36:02.000But first, here's Ron Paul, just an excerpt.
00:36:04.000The full speech is up at InfoWars.com.
00:36:07.000Ron Paul warns Americans of coming economic collapse.
00:36:10.000And he's getting into point three here.
00:36:26.000It's impossible to predict the time when confidence will be lost, but it can come quickly.
00:36:30.000Resorting to buying other paper currencies will not be of much help.
00:36:34.000When the dollar crashes, most likely the purchasing power of all currencies, since all currencies hold dollars as a reserve, will go down as well.
00:36:41.000This means that dollars and other currencies will go into buying consumer items, precious metals, and other physical properties.
00:36:48.000Consumer prices will soar, as well as interest rates.
00:36:51.000The central bank will lose control, and the more they inflate, The worse the confidence becomes.
00:36:57.000The interest rates will respond to these efforts by rising sharply.
00:37:01.000If the Fed tries to reverse the run on the dollar, interest rates will also soar, and the pain on American citizens will be of such proportion that political chaos will result.
00:37:11.000Either scenario leads to political and social chaos, the third event, and the most dangerous.
00:37:18.000With no ability of the federal government to fund its commitments, international or domestic, major changes will occur in our system.
00:37:26.000The social unrest will elicit cries for government to exert unusual force to head off a complete breakdown of law and order.
00:37:34.000The ultimate trap will be set for a system of government Claiming to protect a free society.
00:37:40.000If more power and police authority are not given to the federal government, it will be argued that only anarchy will result.
00:37:47.000If more government policing power is given, it will mean a lethal threat to civil liberties.
00:37:53.000Already, we have permitted the notion that a single person, the Attorney General or the President, can decide who is an enemy combatant.
00:38:02.000Thus denying that individual the right of habeas corpus, permitting indefinite detentions without charges made.
00:38:08.000This attitude towards civil liberties has changed significantly since the fear built around 9-11.
00:38:15.000Yes, I know, declaring one an enemy combatant is reserved only for the radical Muslims engaged in terrorism against the United States.
00:38:24.000To be reassured by this reasoning is quite dangerous and naive.
00:38:28.000Logic should not lead us to equate suspects with terrorists and include American citizens.
00:38:34.000And yet, this has already been set by precedent.
00:38:37.000Under difficult circumstances, our political leaders will not be hesitant to use these powers to maintain order.
00:38:43.000Tragically, the people may even demand it.
00:38:48.000We are rapidly moving toward a dangerous time in our history.
00:38:51.000Society as we know it is vulnerable to political and social unrest.
00:38:56.000This impending crisis comes as a consequence of our flawed foreign and domestic economic policies, a silly notion about money, ignorance about central banking, and ignoring the onerous power and mischief of out-of-control intelligence agencies.
00:39:12.000Our unsustainable welfare state and a willingness to sacrifice privacy and civil liberties in an attempt to achieve safety and security from an inept government.
00:39:34.000The only way that we can prevent blood from running in the streets is to offer a better idea of the proper role of government in a society that desires first and foremost liberty.
00:39:44.000And that is impossible without a firm commitment by our thought leaders to the ideas of freedom, the source of all creative energy and prosperity.
00:40:16.000And, of course, Max Keiser is a filmmaker, broadcaster, former broker, and options trader.
00:40:21.000He is known for his invention of virtual specialist technology, a software system used by the Hollywood Stock Exchange, and a lot of the new systems are based on that, and for his accurate predictions of global economic events.
00:40:33.000He correctly predicted the Fannie Mae, Freddie Mac breakdown, and what happened in Iceland's economy, and it just goes on and on.
00:40:40.000He's labeled JPMorgan the biggest financial terrorist on Wall Street.
00:40:43.000He's got some breaking news on them, but we'll get to that when we start the next hour.
00:40:47.000We're going to break here in a few minutes, Max.
00:40:49.000You heard what Ron Paul was just talking about.
00:40:51.000It's now confirmed they're gearing up the military for every U.S.
00:40:54.000city and telling banks get ready for collapse, but telling the public everything is just fine.
00:41:00.000Max Keiser, what is the real state of the world economy right now?
00:41:06.000Well, last time I was on your show, I remember you asked me to make a prediction when this global collapse is coming.
00:41:12.000I said, on the outside, maybe nine months, but even in those short few days since I spoke with you last, it seems like the drumbeats are beating louder toward this idea of a global financial collapse.
00:41:27.000The banking regulators are asking all the big banks around the world to come back to them with a worst case scenario.
00:41:33.000What do you have on your books and how would you go through a collapse?
00:41:37.000Interesting, JP Morgan, of course, responded.
00:41:41.000They said that they've got a negative equity of about $30 or $40 billion on their books.
00:41:45.000So the entire $140 billion market cap would be gone in an Enron-like instant.
00:41:51.000Of course, they're totally plugged into the Fed and the Treasury, which would collapse the Fed and the Treasury and the U.S.
00:41:58.000So when Ron Paul talks about the collapse of the U.S.
00:42:01.000dollar, what you fill in here for those who are following this at home and want to get the whole playbook, first we see the collapse of JPMorgan, Then the collapse of the Treasury and the Fed, then the collapse of the dollar, brought about by J.P.
00:42:15.000Morgan's books which have $90 trillion worth of what they call derivatives, basically claims that are impossible to ever fulfill, that's bigger than the entire gross domestic product of the entire planet Earth.
00:42:34.000Stay there, Max, because, again, you're retired at a young age, former stockbroker, inventor of a lot of the modern systems they use today.
00:42:41.000But come back in layman's terms, even for our business listeners, break down the point we're reaching right now and why they've got armored vehicles being loaded off trains in every major city right now for the American people and the people of Europe.
00:42:54.000Why are they gearing up for total collapse?
00:45:56.000Choose the survival seed vault at MyPatriotSupply.com.
00:46:00.000Sick of the globalist eugenicist control freaks adding poison to your water and laughing as you get sick and die?
00:46:05.000Start purifying your water with ProPure.
00:46:08.000My friends, I've done a lot of research and the best gravity filter out there bar none is ProPure and it's available discounted at InfoWars.com.
00:46:17.000Its filters are silver impregnated to prevent bacterial growth.
00:47:41.000The globalists, through fraudulent derivatives, buy off governments, media, buy off the defense contractors and brag that they're establishing this authoritarian world government.
00:47:53.000How about the national sovereignty kick in and we arrest all these people?
00:47:58.000Now they've got all our pension funds, everything, bound to their fraud, but they're planning on taking it all.
00:48:04.000I mean, a great quote from Max Keiser when he was on a few weeks ago.
00:48:08.000He said, Alex, they're like cancer, these bankers.
00:48:10.000They're anti-free market, and they're programmed to take it all.
00:48:14.000Answer is programmed to take it all so so in layman's terms there's been big breaking news the Financial Times this weekend on Friday about JP Morgan and their ballot sheet you again said they were short you said it would start in London with silver about a year ago here so break down the technicals of that but but In generalities, where the world economy is, because a few weeks ago you said, because you never really talked like this, you said, no, the collapse is coming, you know, now it's basically can't be reversed.
00:48:43.000The only question is, will we let them fully take over and only make it worse?
00:48:48.000Yeah, the outside, my prediction was April of next year when taxes are collected in the U.S.
00:48:55.000and a huge shortfall will become evident and U.S.
00:48:59.000AAA rated bonds, which are now AA plus, will be downgraded to single A or less.
00:49:05.000And that will, at the very outset of this prediction, will trigger a chain reaction of U.S.
00:49:13.000debt default collapse and dollar collapse.
00:49:16.000But between now and then, Any number of events could happen that would trigger the collapse beforehand.
00:49:23.000As far as the news that broke last week, that front page story in the Financial Times talking about the CFTC, Commodity Futures Trading Corporation, which is the regulator that overlooks Commodity futures trading, including silver trading, run by Garrett Gensler, a former Goldman Sachs guy.
00:49:40.000They made a comment, a guy named Mark Chilton, who's one of the people over at CFTC.
00:49:44.000I know from dealing with him through the box office futures contracts, what his reputation is, it's not good.
00:49:50.000But they made a statement saying that they see a lot of devious trading in silver.
00:49:56.000They're not sure whether they're going to prosecute.
00:49:58.000And the way this was played out in the media was that, oh, well, the Max Keiser crashed JPMorgan, uh, buy silver, crashed JPMorgan campaign.
00:50:07.000You see, The CFTC is saying that there is no evidence of wrongdoing in the silver market.
00:50:13.000Now, this is the same CFTC and other regulators who oversee the LIBOR market.
00:50:18.000Of course, a massive $500 trillion scandal.
00:50:21.000Now, let's just stop right there, because I just showed a Fox News with a headline about economic collapse from a few weeks ago, and it breaks down that the federal government is now spending 50% a year, more than it takes in, but you're saying By next April, when the taxes come due to the private Federal Reserve, that it's going to become even bigger and that that'll be a big trigger.
00:50:44.000But getting back to LIBOR, yeah, tell folks about that because that's almost gotten, you know, swept under the rug that, hey, the bankers do get together and collude to screw us.
00:50:54.000As Ron Paul would tell you, for every dollar in tax the government collects, they spend $1.40 in money that they have no way of ever paying back.
00:51:03.000And that ratio is getting completely out of control as debt ceiling is breached over and over again.
00:51:10.000But this CFTC report relating to silver, they're trying to spin it as if, well, this idea of buying silver, don't do that because you're not going to crash JP Morgan in doing so.
00:51:21.000But it misses some very key points here.
00:51:24.000First of all, the reason you would want to buy silver to crash JP Morgan is not to satisfy the regulator.
00:51:31.000We're not trying to get the regulator to regulate better because there's no hope of that ever happening.
00:51:36.000We're saying that the regulator, in this case CFTC, is never going to blow the whistle on JP Morgan's illegal activities or the CFTC.
00:51:44.000But what we can do is we can buy silver to protect ourselves.
00:51:48.000And the point I made then and the point I'll make today is that this collapse is coming.
00:51:54.000And in my opinion, instead of being passive and watching from the sidelines, I believe everybody should try to hasten the collapse by buying physical silver.
00:52:05.000This would bring the collapse about sooner, but if you are positioned correctly with your physical silver, you'll have the wealth.
00:52:13.000Your silver will start to trade to $100, $200, $300 an ounce from the current $28 an ounce.
00:52:19.000The banksters will go bankrupt, and you'll have the money.
00:52:24.000Listen, I want to get more into this technical thing later if we talk about the general issues and take some calls.
00:52:29.000But if you just joined us, London Guardian reported on your plan to expose the fact that JPMorgan, from your sources, is manipulating silver prices.
00:52:37.000I mean, that's like asking if a bear goes to the bathroom in the woods or if the sun comes up in the morning.
00:52:42.000And now it's back in the Financial Times, the Business Insider, and they have the regulators a year later responding saying, saying, oh no, don't punch me there.
00:52:56.000Why would they be squealing now trying to discredit this idea?
00:53:00.000Well, we know precious metals, but other commodities expose inflation.
00:53:05.000So the big banks have been in there manipulating.
00:53:07.000That's not been debated really to drive down their prices but if they go to QE3 in the fall of the winter it's going to send it racing back up above I mean I mean even mainline banks I saw CNBC a few weeks ago saying Morgan Stanley and others are saying $2,000 gold this year I'm not saying that's going to happen but this whole oh please don't listen to Max Keiser I mean having federal regulators the head regulator respond to you is that a sign that they're very freaked out right now?
00:53:35.000Or were they just out of the blue responding to you when they never want to respond to anybody?
00:53:39.000No, when silver jumped from 25, where we talked about it last year, to 50, that put a serious dent on J.P.
00:53:48.000Morgan's balance sheet, and we saw evidence of that a couple of weeks ago when they came out with this $2 billion, but then it became a $9 billion loss from what is called the London Whale in London.
00:53:59.000That's a direct result of covering their silver shorts.
00:54:01.000They use their balance sheet in this smorgasbord of fraud, where they can just move gains and losses from any vision of anywhere in the world.
00:54:11.000And by the way, not to toot your horn again, you did call who had really gotten the two billion of MF Global John Corzine money.
00:54:18.000You said the head of J.P. Morgan called up and said, I'm going to blow your head off if you don't give me that money.
00:54:22.000Now, that never came out in the news, but it did come out.
00:54:25.000The money did go to J.P. Morgan Chase.
00:54:42.000They're the bank that stands as the counterparty for the global derivatives business.
00:54:48.000When I say that JPMorgan has 90 trillion dollars of derivatives on their own books, Part and parcel with that is that they are the market maker and counterparty to this global business because they get a fee on every single one of these trades.
00:55:02.000But the fact is, and what this FDIC demand for these banks to prepare for Banking Armageddon is for them to submit what their true state of the balance sheets are.
00:55:13.000Morgan came in with a negative net worth, negative $34 billion.
00:55:17.000Oh, they have a market cap of $140 billion.
00:55:19.000So once the cascade effect starts to cripple this bank irreparably, going the way of Enron, their stock's going to go to zero.
00:55:28.000They've used their own stock to collateralize naked short sales in the silver futures market.
00:55:34.000Well, listen, listen, I want to break this down, but I want to move a little bit slower here because I study this all the time and barely understand it.
00:55:39.000And I know some of the listeners may have trouble following this.
00:55:41.000The average radio show goes, what is your favorite color in the Bill Clinton good, George Bush bad, or Al Gore bad, Mitt Romney good.
00:55:50.000I want to be able to go over all this for people, but the point is you're saying it's getting towards the end of the line.
00:55:57.000You've got a company worth $140 billion, or in real numbers, negative $30 plus billion, With a derivatives hangover of 90 plus trillion, and that's even in the Washington Post, Bank of America, 70 something trillion, Wells Fargo.
00:56:12.000I mean, these type of numbers, and they think we're so stupid, they're going to have government sign us onto their debt while lecturing us that we don't work hard enough.
00:56:22.000Yeah, I mean, think of Hurricane Katrina.
00:56:25.000The levees broke and those people found themselves in a very bad situation.
00:56:32.000The levees that hold it back, all the fraud, are cracking.
00:56:35.000And the global banking, even the Bank of International Settlements in Switzerland, which is the central bank of central banks, they're issuing warnings internally to these central banks at the Fed, ECB, Bank of England, flashing the warning signs like, you guys need to boost your collateral immediately.
00:56:55.000Yeah, that's what they're telling them in Reuters.
00:56:56.000They say, start selling your hard assets now before it plunges.
00:56:59.000You won't get anything once it starts.
00:57:01.000We've got to keep the big six Federal Reserve banks up. - Well, look at what the UK did.
00:57:06.000In order to support the derivatives market, Gordon Brown, when he was there at the Exchequer, he sold half of Britain's gold supply to satisfy this global derivatives market.
00:57:16.000Now, when the crash is coming, the UK is in a horrible position.
00:58:33.000You can save thousands of dollars and you will love the way Real Soap makes you feel.
00:58:39.000See them on the web at 5starsoap.com or call 800-340-7091 for a free catalog.
00:58:46.000Alex Jones here with a great way to beat the blackouts.
00:58:54.000Get off the grid and generate your own supply of electrical power.
00:58:57.000Folks, with what's been going on in this country, I don't have to tell you about the power grid and just how vulnerable it is.
00:59:03.000That's in the mainstream news every day.
00:59:05.000Millions of people have lost their power in the last few weeks because of dangerous storms and killer heat that's pushing the grid beyond its capacity.
00:59:13.000I've always said that every family needs to be ready for blackouts.
00:59:17.000And if you don't have a backup system in place, I've got a great opportunity for you.
00:59:21.000Right now, our good friends at Solutions from Science are offering huge savings on their best-selling Power Hub unit.
00:59:28.000In fact, I think it's the best deal I've ever seen them make.
00:59:31.000It's literally thousands of dollars in savings.
00:59:34.000Remember, these backup systems don't need gas because they're solar-powered.
00:59:38.000That means there's no dangerous fumes and no noise.
00:59:41.000InfoWars listeners can get all the details at BeatTheBlackouts.com.
01:00:30.000Or if we have to go through it, how do we make it, you know, not as severe?
01:00:33.000And how do we make sure the globalists that did this don't get more power out of it, like Ron Paul says in the speech I was just playing excerpts of earlier?
01:00:50.000I wish all the other economists, Gerald Salente and people were wrong.
01:00:54.000But the globalists did this on purpose.
01:00:57.000That's why they've been building up the police state.
01:00:59.000And now they're saying, oh, we're going to build a police state to keep everybody safe, just like they've done in other cultures and other civilizations.
01:01:33.000I want to take a few calls, but I want to get your take on how you see this collapse happening.
01:01:38.000Like you said, it's in all the big financial publications, but the more elitist ones, mainline pedestrian ones are everything's fine, invest today, you know, sponsored by Fidelity.
01:01:48.000But when you look at the establishment, they're all digging in.
01:01:51.000They got militaries ready to shut everything down to protect the ultra-rich neighborhoods.
01:01:56.000They're digging in like it's the end of the world.
01:01:59.000And, you know, I've always known that we were moving in this direction, but now we're so close.
01:02:03.000Is there any way to dodge this bullet?
01:02:06.000Well, I want to draw your attention to something that happened last week, which is very telling.
01:02:10.000You saw that this UK Bank Standard Charter got caught up in an investigation by a US regulator for laundering money, essentially, for Iran.
01:02:22.000One of the internal emails from Standard Charter said, when this investigation started a while back, that the effing Americans can go eff themselves if they think they can tell us how to run our business.
01:02:35.000And why this is revealing is because, as I, you know, you've asked me on your show many times, why do these banks do this?
01:02:42.000Are they themselves going to perish in the fire of this collapse?
01:02:46.000The answer, of course, is yes, but it's a game of musical chairs, and the banks right now are sorting out who is going to survive.
01:02:57.000Wall Street is now at war with the UK banking system.
01:03:00.000The UK banking systems, HSBC, Barclays Bank with Libor, HSBC with Mexican drug money laundering cartel, and now Standard Charter with Iranian money laundering.
01:03:10.000They are now taking positions, the City of London versus Wall Street.
01:03:14.000This is what I knew was going to happen, and this is what happens at the end game.
01:03:18.000This is when the banks, they're going to fight to finish.
01:03:20.000Who's going to be the supremo winner in all of this?
01:03:25.000And of course the winner, will be, as we alluded to before the break, those economies with the most gold.
01:03:31.000And the two economies that stand out that are in the worst position are the UK, with less than 300 tons of gold, and Japan has virtually no gold.
01:03:41.000Those are actually the two biggest losers immediately as we head into the crash.
01:03:46.000Japan has a debt to GDP over 200 percent.
01:04:19.000currency it is the currency in which all derivatives around the world 800 trillion are priced in dollars so when the dollar goes it sucks everything down with it and but before that happens we'll see japan and the uk into the black hole and of course what i tell people is there is when rob paul says the all-powerful state is the enemy i wish there was some state There is no state.
01:04:49.000And that's what some libertarians... But if you're dealing with the cancer of banksters, the only solution is to own physical precious metals.
01:05:01.00050 years continues, and the first six months of 2012 marks the hottest half year on record.
01:05:06.00078% of the Midwest corn belt is in drought conditions.
01:05:09.000Not only corn, but soy, alfalfa, fruits, vegetables, and wheat are all impacted, raising prices.
01:05:14.000The cost to feed livestock is forcing farmers and ranchers out of business, blowing up your food prices.
01:05:19.000The only strategy to counter this is to freeze your food cost at today's prices by getting your own supply of foods from eFoods Direct now.
01:05:27.000As the price of raw ingredients increases, eFoods will have to raise prices too.
01:05:52.000Call 800-409-5633 or efoodsdirect.com forward slash Alex.
01:05:57.000You can bet your life on efoodsdirect.
01:06:01.000From the front lines of the information war, it's Alex Jones.
01:06:26.000All right, we've told you for a long time there'd be a global derivatives meltdown for at least 14 years with economists like George Humphrey, former Austin City Council member, friend of mine, successful businessman, is the most important thing, what I admire him most about.
01:07:36.000Max, I want to go to calls in the next segment, but let's cover the waterfront.
01:07:40.000Break down the pillars of the collapse, the different ways it can be triggered, the next countries to go down in the Euro, as you mentioned earlier, even the big Swiss.
01:09:03.000Right, and so this, you know, one of the steadfast rules in economics is when a society spends more than 40% of its disposable income on food, you tend to get revolutions.
01:09:27.000Well, most of it comes from speculation.
01:09:29.000Again, from this battle between Wall Street and the rest of the world using derivatives.
01:09:34.000And that speculation is made possible by things like quantitative easing and other Fed policies that keep interest rates near zero.
01:09:42.000Because when the speculators borrow money, the cost of them borrowing money is zero.
01:09:46.000It's not like you or me, where our credit card is 16%, or we get a penalty that goes to 30%, or the mortgages, or whatever the mortgage is.
01:09:54.000If you're a speculator on Wall Street, you get to borrow money at 0%.
01:09:58.000And of course, the way it's set up is when you make a mistake, and you had like night capital last week, they blew up.
01:10:05.000Because of automatic algorithmic trading, $440 million blew up in 45 minutes.
01:10:10.000They get a cram down, they get a bailout from their friends on Wall Street, but of course that's not available to anyone else if they get into financial trouble.
01:10:18.000They don't get their friends to pass the bowl and bail you out within two days.
01:10:24.000So the artificially low interest rates through quantitative easing and all these other Fed policies keep rates near zero.
01:10:30.000That means the cost of borrowing is near zero.
01:10:32.000That means if you're a speculator and you know that the price of corn is going higher and this is causing an effect on itself, a feedback mechanism that's only getting worse, you can keep that price rising with this borrowed money.
01:10:45.000So that's a huge fire going on in the global economy is agricultural speculation.
01:10:50.000Then you have these Franken-markets, like the Knight Capital, or the flash crashes, or the derivatives crashes that are happening on exchanges all over the world.
01:10:58.00086% of all the volume on the New York Stock Exchange are computers trading with computers.
01:11:18.000Well, speaking of the casino gulag, you see that Facebook now, in the UK, is going to offer online gambling with British pounds.
01:11:26.000So legalized online gambling from Facebook, as I predicted, is coming.
01:11:30.000And there's a huge push to bring this legalized gambling to America.
01:11:35.000So people won't have jobs, but they'll have access to tokens and food stamps that they can use to gamble with.
01:11:41.000And government's going to subsidize that, just like in Europe and the US, where illegals are given other people's tax ID numbers, and then the IRS holds the citizen responsible and takes their money for what the illegal does.
01:11:53.000I mean, this is beyond a criminal system.
01:11:56.000This is like the Mad Hatter Tea Party.
01:11:59.000Well, another prediction I made on your show last year, Alex, was that one stock, I don't recommend stocks, you know, as an investor really, but more as a social commentary, one stock that I said was going to have new highs was, yeah, Corrections Corps of America just had another new high because the business model of prisons and the corruption in the justice system to get people into prison is feeding that industry in a way that's making private prison operators very wealthy in this economy.
01:13:12.000is going through kind of a stealth depression.
01:13:14.000If you add up the people on food stamps, the people who are uninsured... Yeah, they've doubled the number of people on welfare in four years.
01:13:20.000The number of people who are either at or below the poverty line in the U.S.
01:13:45.000It's worse than the Great Depression in many ways because they're also completely... Well, you had the Dust Bowl during the Great Depression, so that's similar.
01:13:51.000Also, you have the Dust Bowl and the Depression equally as you did back in the 30s.
01:13:55.000But back in the 30s, you had people still on family farms that could grow their own food.
01:14:04.000So, those people will end up in prison, and of course, they feed Corrections Corps of America, and then they can play gambling on the Facebook Casino Gulag page.
01:14:14.000I mean, obviously, that's now steaming ahead off the rails.
01:14:18.000I mean, that always goes along with this, doesn't it?
01:14:21.000The war card, to me, is the poor man's election gimmick.
01:14:25.000You know, the people who are in presidential election cycles, because they're not smart enough to be Wall Street banksters, they're just warmongers.
01:14:33.000And they get closer to an election, they'll start a war.
01:14:36.000Because if they were smart, they'd be on Wall Street making their money that way.
01:14:40.000It's interesting that Mitt Romney, of course, comes from Wall Street.
01:14:43.000He's a private equity guy, and he's an asset stripper, and he's a guy who's destroyed, you know, the economy in many, many different ways.
01:14:51.000He, you know, it's going to be interesting to see how he plays the war card.
01:14:55.000You know, the people who are over him, the media companies that, of course, position the war on their network television as a spectacle they want war especially as we go into the election cycle so he may he may become a warmonger like the rest he could you know he could just be an asset stripper and a wall street bankster i guess he's multi-talented in this way we'll see well he has promised to be multi-talented He said, look, I'm not just going to strip companies and ship jobs overseas.
01:20:23.000And before we leave here today, I want to get your take on if it does go with the death of the dollar first.
01:20:28.000Because mathematically, as you and others have broken down, countless economists, even Fox News analysts are having their economists are having to say there's no way out of this derivatives.
01:20:38.000You either write it off, and then the big banks hold everybody hostage, or you're held hostage by them while they slowly strangle you, and obviously that's the worst option.
01:20:48.000But before you leave us today, I want to get your take on what that progression of collapse would look like.
01:20:53.000I've got a good idea, but when they've got the military preparing for re-education camps and it's declassified, that's even freaking me out.
01:21:01.000I mean, as much as I study this and it's like, wow, it's really re-education camps, really, in America?
01:21:08.000But I guess it happened everywhere else.
01:21:13.000I mean, I always go back to the Enron example, because here's a company that up until the very last moment was considered to be the smartest guys in the room, a model company, they were on the cover of many magazines, and then within 24 hours, they went to zero.
01:21:30.000Stock went to zero, $80 billion in losses, because it was a total fraud.
01:21:35.000They had many, many off-balance sheets, special purpose entities.
01:21:37.000And how much bigger is this fraud compared to theirs?
01:22:00.000So we're going to go to being worthless.
01:22:02.000The people who are holding on the Enron stock on a Tuesday, they woke up on a Wednesday and what they thought was worth 80 bucks a share was worth zero.
01:22:12.000That's why this is very tricky because it's not going to, people are not going to have time to think about it and prepare necessarily because it'll happen overnight.
01:22:21.000What does your gut tell you the time frame is?
01:22:23.000I told you before, I think the longest we can hope for is April of next year.
01:22:29.000But it could happen anywhere between then, between now and April of next year.
01:22:34.000Okay, well the establishment in Europe and the U.S.
01:22:37.000is saying late October, early November.
01:22:39.000That's what they're telling the police and military.
01:22:45.000I mean, traditionally, the funny thing is that one reason things are not happening in Europe right now is because most European bureaucrats are on the beach, you know?
01:23:47.000And Paulson threatened martial law then.
01:23:49.000Right, John Cain was there, and Barack Obama was there.
01:23:53.000It's a great time to stage one of these fantastical economic hijackings.
01:23:59.000So that is a fantastic time, that November election, especially since it looks like Obama is not going to make it this time.
01:24:08.000It's going to be a transition to the new guy.
01:24:11.000That we caught, Justice Department people, that was in the Florida papers, trying to get a race war going over Trayvon Martin and the George Zimmerman case.
01:24:19.000Could it be Obama loses in the Democratic Party while Obama's still in?
01:24:24.000Tries to stage a bunch of riots as a pretext to- Well, I also thought Obama was like Jimmy Carter, you know, who came in because people hated Nixon and they wanted to try something completely new.
01:24:41.000They said, let's do something completely different.
01:24:44.000Barack Obama, okay, he's a one-term guy.
01:24:46.000Now we're going back to business as usual, probably, with this other guy, Mitt Romney.
01:24:50.000But during that time, there's that interregnum between the two administrations that where people aren't sure what they're doing, what the jobs are.
01:24:59.000It's the perfect time for Wall Street to push the sell button, cause a collapse, put a gun to Congress and Senate, and say, do as we do, or there's going to be martial law or whatever.
01:25:20.000And then later, they said it a week later on C-SPAN, and that pulled my bacon out of the fire.
01:25:25.000Because sometimes this stuff's so crazy, people think I'm making it up and have fake congressmen on.
01:25:30.000Folks, we're the opposite of the onion.
01:25:31.000We're trying to get it right where they try to get it wrong.
01:25:35.000But that's on record they threaten martial law.
01:25:37.000Tanks on the streets, blood on the streets was the quote.
01:25:41.000And you just heard Ron Paul earlier saying we've got to avert blood in the streets.
01:25:44.000Folks, this is a big deal because as Max said earlier in the last hour, during the 10 years of the Great Depression, major universities estimate 7 million people starved to death or died via complications from malnutrition.
01:25:58.000Okay, let me jump in here for a second.
01:26:00.00090% were agrarian then, now 90% are urban, is my point.
01:26:05.000I had a guy on my show, Kaiser Report, last week, Paul Moore, who was the former top regulator at the bank in the UK, Halifax Bank of Scotland, or HBOS.
01:26:17.000He said on my show that right now, the global financial crisis right now, today, is already the biggest A humanitarian crisis since World War II has put over 100 million people into poverty around the world already.
01:27:33.000Well, the best commercial real estate to buy into right now is the prison industry.
01:27:37.000They get huge subsidies from the government.
01:27:39.000They treat it like a real estate investment trust, or a REIT, which gives them additional benefits that you don't get through a normal real estate vehicle.
01:29:01.000You've heard Alex explain how the Silver Lungs Generator infuses the respiratory system with your self-produced colloidal silver solutions, yet many are unaware of the entire function of the Silver Lungs System and how it has been designed to deliver your silver solutions anywhere in or on the body.
01:29:17.000My name is Mario Cifaldi and I'm the developer of the Silver Lungs Generator.
01:29:22.000Not only does the Silver Lung System produce endless colloidal and ionic silver solutions, it also comes equipped with the proper applicators and devices needed to deliver your silver solutions directly to key target areas.
01:29:34.000This includes the eyes, ears, nose, lungs, topically to the skin, and orally for the digestive system.
01:29:42.000Be sure to watch our new 7 minute video tour of the Silver Lungs System at www.SilverLungs.com to learn more about how the Silver Lungs System works.
01:29:53.000As well, we are always ready to answer any questions you may have.
01:29:57.000That's www.SilverLungs.com The worst drought in 50 years continues, and the first six months of 2012 marks the hottest half year on record.
01:30:06.00078% of the Midwest corn belt is in drought conditions.
01:30:09.000Not only corn, but soy, alfalfa, fruits, vegetables, and wheat are all impacted, raising prices.
01:30:15.000To feed livestock is forcing farmers and ranchers out of business, blowing up your food prices.
01:30:20.000The only strategy to counter this is to freeze your food cost at today's prices by getting your own supply of foods from eFoodsDirect now.
01:30:27.000As the price of raw ingredients increases, eFoods will have to raise prices too.
01:30:48.000Call 800-409-5633 or go to efoodsdirect.com forward slash Alex.
01:30:50.000Call 800-409-5633 or efoodsdirect.com forward slash Alex.
01:30:53.000Call 800-409-5633 or eFoodsDirect.com forward slash Alex.
01:30:58.000You can bet your life on eFoodsDirect.
01:31:00.000Sick of the globalist eugenesis control freaks adding poison to your water and laughing as you get sick and die?
01:31:06.000Start purifying your water with ProPure.
01:31:08.000My friends, I've done a lot of research and the best gravity filter out there bar none is ProPure and it's available discounted at InfoWars.com.
01:31:17.000Its filters are silver impregnated to prevent bacterial growth.
01:33:05.000You're listening to the Alex Jones Broadcasting Network. Network. Network. Network. Network. Network. Network. Network. Network. Network. Network. Network.
01:33:42.000Ron Paul, Webster Tarpley, many other economists we've had on have broken down ways out of this.
01:33:48.000All of them are rough, but nothing as rough as...
01:33:50.000Going into the tyranny these people have set up for us, because they've designed this implosion.
01:33:55.000We sell a book that woke me up that was written in 1972, None Dare Call a Conspiracy by Gary Allen and Larry Abraham, available at Infowarshop.com.
01:34:05.000Also Invisible Empire, A New World Order to Find, a film I produced, breaks down their plan to take over through fraud.
01:34:12.000And Fall the Republic, I put out three years ago, predicted what we're now facing.
01:34:16.000All available at InfoWarsShop.com or link through at InfoWars.com.
01:34:21.000It is your purchases of books and videos like Behold a Pale Horse, hosted by Charlie Daniels.
01:34:27.000Available at Infowarshop.com that exposes the Agenda 21 New World Order plan.
01:34:33.000We've got the highest quality water filters, discounted everything right there at Infowarshop.com, including Infowars.com Patriot Apparel.
01:34:41.000You'll certainly turn heads and meet like-minded liberty lovers.
01:34:46.000Okay, Max, we've got to move really, really quick, but I briefly, because I saw a question on my Twitter, Real Alex Jones, asking, hey, what's Max's take on the fact that they admit al-Qaeda works for the West?
01:34:57.000Yeah, I mean, sure, we knew things had been corrupt for a while, but what's this total disconnect with reality now, and just open pure evil, where they say, give your rights up for Al-Qaeda, but Al-Qaeda are heroes fighting in Libya and Syria for NATO, and the CFR came out last week and praised Al-Qaeda and what great fighters they are, and said, quote, we need Al-Qaeda.
01:35:21.000I mean, I thought Al-Qaeda was the ultimate evil.
01:35:36.000They, you know, I think, didn't we invade Iraq to go after Al-Qaeda?
01:35:40.000Now they're our best friends in Syria, so it makes no sense.
01:35:45.000I guess they get away with it because people's memory span, attention span, is quite short because of all the drugs and the modified seats and the debt pushing, I guess.
01:36:10.000Max, what good does it do to purchase silver or gold since the government is gearing up for war against American citizens shortly after the dollar collapses?
01:36:18.000I find it hard to see where we would be able to even spend it, use it, trade or barter with it.
01:36:25.000Okay, well, I mean, anything in that environment, obviously, is going to be helpful in a barter situation.
01:36:33.000Gold and silver, for 5,000 years, have maintained their purchasing power.
01:36:38.000If you want to get down to the nitty-gritty of being in a total post-collapse situation... The University of Texas has bought billions in gold the last two years.
01:36:50.000All the central banks are buying gold.
01:36:51.000I mean, and this is happening, you know, the people who know what's happening, like the central bankers who have put out a warning to each other that there's a collapse coming, are buying gold.
01:37:00.000The central bankers in South Korea and other, all over the world are buying.
01:37:05.000I mean, if we have a total road warrior collapse, gold and silver might not be worth much, but it's probably just going to be a long, horrible depression.
01:37:11.000When the dollar gets devalued, that gold will suddenly go up in value massively.
01:37:16.000And we're not saying it's a silver bullet, pun intended.
01:37:18.000I mean, I believe in lead, and the things that shoot lead as well will go up in value, and that's already happened.
01:37:24.000But does that answer your question, Gale?
01:37:27.000Yes it does, but I just wanted to know if there's an investment firm that he would recommend so we can avoid the sharks out there ready to rob us blind.
01:37:35.000I'll leave that to Alex to fill you in on recommending any investment firms, but I mean one thing is the people I know are looking at are so-called junk silver.
01:37:46.000This is the silver that's 50% or less contains, and it can buy a whole bag at a coin show.
01:37:54.000Sure, and everybody knows what it is, and a dime from 70 years ago is worth 15 times what it is today.
01:37:59.000That kind of stuff in a barter situation does extraordinarily well.
01:38:04.000But for people of any wealth whatsoever, having bullion, silver and gold bullion, held offshore in a vault, not a bank, is the way to go if you want to Come out the other side of this with your wealth intact, if not, you know, considerably better off.
01:38:21.000Yes, one of my big sponsors is Midas Resources, but when I buy gold, I get it from them, because when you buy bullion gold and silver from them, they've been around 15 years, before that other company even longer, you get it, it's very well priced, extremely competitive, Midas Resources, 800-686-2237.
01:38:38.000And they got salesmen there that are great guys, brokers, you know, they'll sell you numismatics, stuff like that.
01:38:48.000I've called up, like I'm somebody else before, just to test them out many times, and you know, bought great stuff at like 1 or 2 percent above spot.
01:38:55.000The way to go is bullion or junk silver.
01:41:41.000How can, with the market trading sideways the way that it is, and everybody's waiting like Max said, in a musical chairs kind of game, how long can that even continue?
01:41:52.000Because they can't really ease much more from any side.
01:41:56.000That's right, there's a circling of the toilet bowl.
01:41:59.000Yeah, okay, the answer to that is they are going to give a banking license to the 600, I think it's a billion dollar, euro lending facility, the European Stability Mechanism.
01:42:11.000They're going to say, hey, guess what, that's a fund, but now we're going to call it a bank, and they can lend up, they can borrow up to 6 to 15 trillion euros now.
01:42:22.000Obama came out two days ago and said, we may bail out all big businesses, which means our tax money given to them in corporate welfare.
01:42:31.000So the toilet bowl is swirling, but in Europe they can still create a bigger facility to swap these Italian junk assets with the European Central Bank and their affiliate fund in exchange for this junk assets.
01:42:45.000And they have room to expand by up to 10 trillion euros on this.
01:42:49.000So this is one thing Europe has that they are still... Got it, got it.
01:43:43.000You can save thousands of dollars and you will love the way real soap makes you feel.
01:43:49.000See them on the web at 5starsoap.com or call 800-340-7091 for a free catalog.
01:44:00.000The worst drought in 50 years continues, and the first six months of 2012 marks the hottest half year on record.
01:44:07.00078% of the Midwest corn belt is in drought conditions.
01:44:09.000Not only corn, but soy, alfalfa, fruits, vegetables, and wheat are all impacted, raising prices.
01:44:15.000The cost to feed livestock is forcing farmers and ranchers out of business, blowing up your food prices.
01:44:20.000The only strategy to counter this is to freeze your food cost at today's prices by getting your own supply of foods from eFoods Direct now.
01:44:27.000As the price of raw ingredients increases, eFoods will have to raise prices too.
01:44:48.000Call 800-409-5633 or go to efoodsdirect.com forward slash alex.
01:44:50.000Call 800-409-5633 or efoodsdirect.com forward slash alex.
01:44:53.000Call 800 or 09-5633 or eFoodsDirect.com forward slash Alex.
01:44:58.000You can bet your life on eFoodsDirect.
01:45:00.000Alex Jones here with a great way to beat the blackouts, get off the grid, and generate your own supply of electrical power.
01:45:07.000Folks, with what's been going on in this country, I don't have to tell you about the power grid and just how vulnerable it is.
01:45:12.000That's in the mainstream news every day.
01:45:15.000Millions of people have lost their power in the last few weeks because of dangerous storms and killer heat that's pushing the grid beyond its capacity.
01:45:23.000I've always said that every family needs to be ready for blackouts.
01:45:27.000And if you don't have a backup system in place, I've got a great opportunity for you.
01:45:31.000Right now, our good friends at Solutions from Science are offering huge savings on their best-selling Power Hub unit.
01:45:38.000In fact, I think it's the best deal I've ever seen them make.
01:45:41.000It's literally thousands of dollars in savings.
01:45:44.000Remember, these backup systems don't need gas because they're solar-powered.
01:45:48.000That means there's no dangerous fumes and no noise.
01:45:51.000InfoWars listeners can get all the details at BeatTheBlackouts.com.
01:46:02.000Hi folks, this is Alex Jones and I want to tell you about the Silver Lungs Generator.
01:46:06.000Now you can produce pure and endless colloidal silver and deliver the solution directly into the bloodstream by breathing the solution through the lungs.
01:46:14.000The respiratory system is the first line of defense for airborne pathogens and viruses.
01:46:19.000The Silver Lungs Generator infuses the respiratory system with your self-produced nanosilver solutions and also delivers the silver nanoparticles instantly into the bloodstream.
01:46:30.000With continued legislation threatening the sale of nano silver products, you can now produce pure and endless colloidal silver with the Silver Lungs Generator.
01:46:40.000Very easy to follow step-by-step instructions are provided, making production fast and simple.
01:46:45.000Go to www.SilverLungs.com today and learn more about the breakthrough technology of the Silver Lungs Generator.
01:48:16.000Hey, hey guys, thanks a lot for having me, uh, talk to you about, um, Florida.
01:48:21.00095% of defraudulent tax returns are coming from Florida, so says the agent that I spoke to the day before you guys broke the story about this huge fraud.
01:48:32.000Um, you know, either they don't have the money to pay, you know, the people that, the real people that, you know, have their tax returns being held up, I'm an identity theft victim, and she said that they were from Florida, 400,000 returns, blah, blah, blah.
01:48:45.000You know, the ineptitude is just, you know, ridiculous.
01:48:48.000And, you know, it's like, okay, I guess... Well, ma'am, just to be clear, 95% of it's not in Florida.
01:48:56.000The big processing center for the IRS that broke that here in the U.S., they're reporting on it going on all over the country.
01:49:04.000But what's your question for Max Keiser?
01:49:07.000Well, you know, and again, like I said, the big place in Austin, that's where everybody has to send their returns for fraud.
01:49:14.000So to answer your question about why all those tax centers are in Austin, it's because that's where the people who have to send their paper... Sure, what's your question for Max?
01:49:23.000And my question is, and a separate thing, is just real quick, I listen to all issues, but what do you guys think of the Zeitgeist movie and its contention that we should just take all of our money out of all our pens?
01:49:33.000Yeah, I think it's absolutely horrible.
01:49:35.000That guy told me, thank you for the call, that guy told me I should be sent to a re-education camp.
01:49:40.000Everybody living in a big plastic city with a government computer deciding who does what sounds like hell.
01:49:47.000I mean, send me to hell, that's basically where that would be.
01:50:23.000Most people aren't aware of how the commodity markets work.
01:50:27.000What is your anticipation of how we're going to see a collapse of price of discovery from paper and going over to real physical?
01:50:34.000Okay, well price discovery is what happens at the point of a sale where the buyers and the sellers are mixed together and a price that is mutually beneficial to all parties is derived through something usually called a specialist.
01:50:52.000Now I created, invented the virtual specialist technology, patent number 5950176, U.S.
01:50:57.000Patent and Trademark Office, which is an improvement on that technology.
01:51:02.000It has been hijacked by Cantor Fitzgerald and Cantor Entertainment, so it'll never see the light of day.
01:51:07.000But going forward now, you have rogue computers that are programmed to do what's called electronic wash trading, where they pick a price above or below the current market, and they put on a series of trades and buys and sells simultaneously to manipulate price direction, and that's and they put on a series of trades and buys and sells simultaneously And that's not price discovery.
01:51:27.000But they do that to manipulate markets and to confiscate wealth from these markets.
01:51:32.000Isn't that just high-tech naked shorting?
01:51:37.000It's high-tech... It's siphoning off of the... It's siphoning, essentially.
01:51:43.000Basically, the stock market, by and large, is becoming a pure fraud, which I even saw mainstream articles the last two weeks saying, all this high-frequency trading is discrediting the integrity of the system, which you had just said the week before.
01:51:55.000How long until this becomes evident and the fraud makes the whole thing fall in on itself?
01:52:00.000Because all of this fake price discovery, and the caller makes a good, you know, it's a good call, it's a good concept, and people should familiarize themselves with this idea, but it hollows out all of what you could call collateral of the system.
01:52:16.000So you have transactions, you have trades, you have fees, but there's no collateral backing it up.
01:52:23.000So the only thing that is backing it up Are these 0% interest rates that allow for unlimited borrowing at zero cost?
01:52:31.000Sure, so we're fueling the speculators.
01:52:39.000My question is, you're more familiar with what has gone on recently in Greece and the people's reaction Do you believe the banks are going to, in order to keep the public's confidence in them, are they going to try and blame a collapse on a war, on the drought, or something other than their derivatives?
01:53:01.000Or will it be transparent to the public and they'll... Yeah, how do they fin golly that, that the Greeks are lazy, that's why their government signed them onto Europe's debt, to turn it around backwards?
01:53:13.000Well, scapegoating is a known psyops, isn't it?
01:53:16.000We saw that in Europe in the thirties.
01:53:19.000One group had their wealth confiscated and then they were scapegoated.
01:53:23.000They were called vermin by the other side.
01:53:26.000And then they eventually were all incinerated.
01:53:29.000And when Paul Moore says we're going through a financial holocaust with a hundred million people already put into poverty by the crisis over the past five years, with millions now dead or dying, this is exactly what is going on and they will use uh any event that they can to mask the holocaust it could be an agricultural drought it could be a spike in um you know food prices it could be a collapse of a bank that's one that they use often and and quite effectively
01:53:57.000then one of these two big to fail banks collapses could be standard charter could be hsbc could be bank of america suddenly now there's a crisis Suddenly now there's... Point is, the whole system is based on massive fraud.
01:54:46.000But the puts, if you're short, you go through the options clearing corporation, which I guess if Morgan goes under, they will have trouble matching trades.
01:54:57.000But the governments will just pay it off in devalued dollars and other currencies.
01:55:01.000The problem is that'll bring in hyperinflation.
01:55:04.000I believe they're going to continue to bail out and pay all this off.
01:55:06.000It's just going to go into hyperinflation, Max.
01:55:09.000Yeah, well the caller was asking specifically about the workings of the options market.
01:55:14.000And having been an options broker on Wall Street for many years and one of the biggest options producers in the Shearson-Lehman-Huntin system, I would not hold those contracts.
01:55:22.000So you think they may actually stick, people that are trading.
01:55:30.000Will I see volatility increasing in JP Morgan between now and the time that the derivatives come home to roost?
01:55:39.000All of the trades are computer-generated, and you see, for example, in the volatility index, which is called the VIX, the V-I-X, it's not reflecting the true underlying volatility.
01:55:49.000So all of the signifiers that would tell you how bad the volatility is are being curbed.
01:55:55.000They're being shut down with all this computer trading.
01:56:11.000Alright, my question is Angela Merkel has been front and center in Europe with Germany being the big powerhouse economically speaking and it's come out recently that their economy is finally on the chopping block.
01:56:21.000What's the trigger to watch for as far as Germany's collapse?
01:56:25.000Well, we've been saying Germany is really the big beneficiary in all this.
01:56:30.000You know, before the Euro was created, they were forbidden from reuniting.
01:56:33.000Then, magically, with the Euro came the reunification of Germany, and they're the biggest winner so far, because if they go to a European-wide fiscal consolidation policy, we run out of Berlin and out of Frankfurt.
01:56:45.000So they potentially... Yeah, Germany is now conquering economically.
01:56:49.000Yeah, they are doing what they have tried to do before, and a lot of people call it the fourth Reich.
01:56:54.000And, you know, keep in mind that Germany's unemployment numbers are very strong.
01:56:59.000They have very strong employment numbers.
01:57:01.000Their social welfare system, the healthcare, etc., is in surplus.
01:57:07.000And their export market, as long as they're in the Euro, and the Euro is weak, their export Basically, it's like you said, musical chairs, but the people also got musical hand grenades, and who knows who the hand grenade's gonna explode in their hand, but it's gonna kill everybody in the room.
01:57:51.000Are you sick of the globalist eugenicist control freaks adding poison to your water and laughing as you get sick and die?
01:57:56.000Start purifying your water with ProPure.
01:57:58.000My friends, I've done a lot of research and the best gravity filter out there bar none is ProPure and it's available discounted at InfoWars.com.
01:58:07.000It's filters are silver impregnated to prevent bacterial growth.