A Marine Corps veteran faces life in prison for cultivating marijuana plants while he lived in Oklahoma, which he relied on to treat severe post traumatic stress disorder ( PTSD). Last year, police raided the home of 33-year-old Christopher Lewandowski, a military father of three who was honorably discharged for medical reasons after serving multiple tours of duty in Iraq and Afghanistan.
00:00:58.000But first, a shocking report with video of the VA refusing veterans and saying they're not accepting people at the clinics.
00:01:07.000This is intensifying as the Don't Treat list expand.
00:01:11.000A Marine Corps veteran faces life in prison for cultivating marijuana plants while he lived in Oklahoma.
00:01:17.000Plants which he relied on to treat severe post-traumatic stress disorder.
00:01:22.000Last year, police raided the home of 33-year-old Christopher Lewandowski, a military father of three who was honorably discharged for medical reasons after serving multiple tours of duty in Iraq and Afghanistan.
00:01:34.000Christopher's wife, Whitney, reveals her husband, fearing liver damage from consuming a massive amount of pharmaceutical drugs, was successfully transitioning to marijuana as a preferred treatment.
00:01:53.000So he was just growing it for himself.
00:01:55.000He was on his way out of the military and just wanted to see if it would help.
00:01:58.000Police were summoned to Lewandowski's Geronimo residence in June 2014 after neighbors reported him suffering a PTSD episode.
00:02:07.000Amid the emotional breakdown, Whitney brought their three children to the neighbor's house in an attempt to defuse the situation.
00:02:14.000Rather than provide the former soldier immediate medical attention, police proceeded to conduct a search of Lewandowski's home for drugs locating six marijuana plants.
00:02:23.000Police charged Christopher with felony marijuana cultivation, possession of drug paraphernalia, and domestic violence, a charge which Whitney admits to have filed against her husband at the behest of the officers.
00:02:34.000The former felony charge carries a possible maximum fine of $25,000 and anywhere from 20 years to life in prison, according to Oklahoma statutes.
00:02:44.000Lewandowski's wife, Whitney, expressed the kind of help he got was being tossed in jail.
00:02:49.000Speaking of help, It should come as no surprise you won't find any at the VA.
00:02:54.000Post-traumatic stress sufferer, Iraq war veteran Chris Dorsey was told by a desk clerk at the U.S.
00:03:00.000Department of Veteran Affairs Clinic in Georgia that they aren't accepting any new patients.
00:03:35.000I wonder why 22 killers are there today.
00:03:38.000Good job. - This was the second facility Dorsey had been turned away from in a matter of days for his post-traumatic stress, even though it was PTSD Awareness Month.
00:03:49.000Both of the facilities he visited failed to tell him of special treatment available to him as a part of PTSD Awareness Month.
00:03:58.000I'm a clinical psychologist with the DCVA.
00:04:00.000I'm the Director of Trauma Services in the PTSD Clinic.
00:04:05.000So PTSD Awareness Month was started in 2010 by an act of Congress that established June 27th as PTSD Awareness Day.
00:04:13.000And we think that that's important because To educate veterans about the signs and symptoms of PTSD, that help is available.
00:04:23.000Essentially, the VA, the creator of PTSD Awareness Month, was unaware of PTSD Awareness Month.
00:04:31.000Mr. Speaker, today I rise in recognition of the National Post-Traumatic Stress Disorder Awareness Month.
00:04:38.000Nearly one-third of Iraq and Afghanistan veterans who receive VA health care in the decade after 2001 were diagnosed with PTSD and the numbers are only expected to climb unfortunately.
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00:08:08.000Resistance to tyrants is obedience to God.
00:09:03.000It's Wednesday, already the eighth day of July 2015.
00:09:11.000You notice we've been having guests on every day about the imminent Global financial meltdown that appears to be a foregone conclusion with most of the smart money on serious corrections by this fall or winter.
00:09:28.000And you've heard me come out just last week after two years of not promoting gold and saying that I believe you will see gold by the end of this year dramatically go upwards.
00:09:42.000And I don't normally make specific predictions, but I've got to go with my gut on this.
00:09:47.000I've got to go on the activities we've seen of the elites scurrying for cover, getting their money out of the West, running to armored redoubts, building secret airfields in remote areas of the Arctic and New Zealand, as well as the Ozarks here in the United States.
00:10:08.000I don't like being right about all this.
00:10:10.000I wish I was wrong about forced inoculations and driverless cars and the rise of the robots.
00:10:17.000The Pope has called for world government again today and called it a New World Order.
00:10:25.000They have to understand, ADL, Southern Poverty Law Center, MSNBC, Democratic Party, Republican talk show host, have all said you're basically insane or a terrorist if you talk about it.
00:10:53.000That means socialism, communism for the general public, elites above the law, total surveillance of everything you do, to then pay taxes, VAT taxes, carbon taxes, you name it, as carbon indulgences to the world government.
00:11:10.000This is the new religion, fusing communism, collectivism with earth worship, run by a church.
00:11:19.000You talk about apostasy, you talk about devil, you talk about world government, you talk about Antichrist, you talk about what you're beginning to see the beginning of.
00:11:33.000And even if you're an atheist, listen to me and listen carefully in a Carl Jung way.
00:11:39.000Whether there are spirits and influences and forces in other dimensions, which mathematics has proven exist, the dimensions, Regardless, humans on a mass scale, through group consciousness, that's not spiritual, it's a fact, it's been proven, through mass consciousness, can manifest these archetypes of good and evil.
00:12:03.000And we know what's manifesting right now, it is 200 proof pure wickedness.
00:12:50.000Not just the playbook, but what plays they're going to play in what order.
00:12:56.000Unprecedented to sit here and watch this pure evil rise, and they are demonizing anyone that opposes it, still saying it doesn't exist, while they announce it.
00:13:08.000New York City Stock Exchange has suspended trading.
00:13:17.000Trillions of dollars have been lost to the Chinese stock market today.
00:13:22.000Stock markets around the world are rocked.
00:13:27.000Told you something big was coming, and this is just the start, my gut tells me.
00:13:38.000The really worrying financial crisis is happening in China, not Greece, as we've continued to say for the last year.
00:13:45.000In fact, we've got to get Mr. Dent on the broadcast.
00:13:49.000Because he's the one, when almost every other pundit said, no, China's doing great, he's the one saying China is the one that's going to blow.
00:13:57.000Its stock market is up 100% in just the last few years.
00:15:56.000Made coffee, drank half a cup, got in the shower, turned on a hot shower, and I'm just standing there with suds in my hair, and I just put my head up against the wall, and I was like, this can't really be happening, that Hillary Clinton's probably going to be our next president, when she's such a criminal gangster, so evil, such a fraud, and armed al-Qaeda And ran the whole strategy to destabilize Africa and the Middle East, and then I got to hear about how she's a woman and I'm a bigot against women because I don't like her.
00:16:24.000I mean, what a triumph over reality political correctness has had.
00:16:30.000After eight years of black versus white under Obama, now it's going to be man versus woman, and they're going to rub salt in the wound while the global economy melts into the ground.
00:16:43.000All we're going to hear about is how men don't like women.
00:16:46.000Dividing and conquering is seven ways to Sunday.
00:17:54.000We're currently experiencing a technical issue that we're working to resolve as quickly as possible.
00:18:01.000Said the New York Stock Exchange spokeswoman, said in an email statement, we will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution Communicate thoroughly and transparently.
00:18:22.000We will be providing further updates as soon as we can and are doing our utmost to produce a swift resolution.
00:18:30.000Communicate thoroughly and transparently and ensure a timely and orderly market reopen.
00:18:36.000Stock stopped trading on the exchange platform at about 11.32 a.m.
00:18:40.000New York time, about 40 minutes ago, 45 minutes ago.
00:18:44.000They continued to change hands on other venues such as the Nasdaq stock market and BATS global markets.
00:18:52.000The head of the Securities and Exchange Commission declined to comment.
00:18:56.000Yeah, they're probably too busy indicting someone that, you know, they claimed it insider trading for a couple hundred thousand dollars with no proof and then have a big grandstanding media event about it and throw them in prison like Martha Stewart or trying to put Mark Cuban in jail.
00:19:10.000They sent Mark Cuban emails and called him.
00:19:12.000I told you about it a year before it was in the news and said, you want to put out an Alex Jones movie?
00:19:28.000But don't worry, the Securities and Exchange Commission, they're going to get to the bottom of it and they're helping work with the Democrats in Texas to indict our Attorney General.
00:19:41.000He didn't pay some filing fee or something.
00:19:44.000But meanwhile, the stock market had a glitch, it's turned off right now.
00:19:48.000It has nothing to do with the Chinese market going down 37% and losing tens of trillions of dollars.
00:19:55.000China looks like it's heading for the, it's version of the 29th stock market crash, says the London Telegraph.
00:21:08.000Ladies and gentlemen, you haven't really ever heard firearms manufacturers as sponsors on my syndicated radio show, or the nightly news, or the news website, InfoWars.com.
00:21:17.000Because the companies I've been approached by were not the highest quality, and they weren't as affordable as they should be, so I refused.
00:21:25.000Probably 30, 40 firearms manufacturers over the years.
00:21:28.000Well then, about six months ago, we get contacted by Head Down Firearms.
00:22:25.000Well apparently, many of the new credit and debit cards being issued have radio chips inside them called RFID to transmit our banking information to card readers when we pay.
00:22:34.000Unfortunately, a bad guy can also get one of these readers and go around the city scanning people, collecting their credit card numbers and personal information without us knowing it.
00:22:51.000In fact, I can get a shielded leather wallet from IDStronghold.com for the same price or less than regular unshielded wallets from other stores.
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00:24:23.000Is the stock market crash going to be any easier on you that you got the rebel flag to blame?
00:24:34.000Wonder if Jenner wearing a dress will save us.
00:24:42.000one life when it's one life I wonder if banning brown paper bags will.
00:24:50.000I wonder if gag orders and arresting people in Oregon that criticize same-sex marriage, I wonder if that'll make us free.
00:25:00.000See, we've had our real rights replaced with faux rights to infight with each other all day, while the globalists prepare to orchestrate a worldwide stock market collapse.
00:25:11.000This may not be it, but they'll use this to get more regulatory powers, more consolidation, more bailouts ahead of the big one that is coming, part of the Trilateral Commission's plan since the year I was born.
00:25:25.000They launched the Trilateral Commission In 1974, the year before they publicly announced it, when Jimmy Carter began to prepare to run for president.
00:25:44.000And they said once they create the three global superstructures, they will then use those to suck dry and implode the nation states that were under it.
00:25:51.000They will then collapse that and out of it bring in a world government as the solution.
00:25:57.000And right on cue, world leaders call for planetary re-government.
00:26:01.000To fix the problem, and 100 trillion in global taxes every decade to be paid to the UN, the IMF, the World Bank, and the International Bank of Settlements.
00:26:14.000And those three megabanks are all basically consortiums for the same six banks that you will pay taxes directly to, and they will take money out of your bank account whenever they want, no judge, no jury, no nothing.
00:26:28.000And they will devalue your currency when they want, and they will ban cash, and they will micromanage every facet of your life, and they will raise insurance until you can't afford to drive a car, and you, if you're lucky enough to even have the money to have a car, it'll be robot-driven.
00:26:42.000Already all the new cars stop when they think there's danger or call the police on you.
00:26:47.000They've already all have AI hooked in technology in them.
00:26:51.000Artificially intelligent, not conscious, but artificially intelligent and autonomous to run your life.
00:27:02.000We're in the final phases, and they're just going to flip on the switch, and we're not going to be in happy land anymore.
00:27:10.000I live in Austin, Texas, the beautiful heart of this republic, now overrun by all the failures that couldn't make it in California now overrun by all the failures that couldn't make it in California and
00:27:31.000Here lecturing us on their ways of regulations and raiding people's funds and destroying society.
00:29:36.000We're under hardcore attack, and you're too busy sucking your thumb, having full imaginary victories, watching Mr. Maddow!
00:29:43.000What is it you don't get about this jackass that I've transcended all your fake left-right garbage?
00:29:49.000We're under globalist total attack and you can't even figure it out because you're too busy watching television and obsessing over the rebel flag all day!
00:30:05.000From bioweapons and genetic modification to autonomous killing machines and the surveillance state, engineers and scientists are busy creating technologies that could result in billions of people dying or living as slaves.
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00:31:58.000So it's pretty exciting and I love it.
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00:32:08.000Ladies and gentlemen, you haven't really ever heard firearms manufacturers as sponsors on my syndicated radio show or the nightly news or the news website InfoWars.com because the companies I've been approached by were not the highest quality and they weren't as affordable as they should be.
00:32:23.000So I refused probably 30, 40 firearms manufacturers over the years.
00:32:28.000Well then, About six months ago, we get contacted by Head Down Firearms.
00:33:36.000A community rates low on an information scale when the press, radio, and other channels of communication are controlled by only a few people.
00:33:46.000Does it raise ethical questions about the use of government money to produce stories about the government that wind up being aired with no disclosure that they were produced by the government?
00:35:15.000Because there is a war on in your mind.
00:35:21.000What the system has done is push and promoted mindless trendiness, mindless fashion, mindless cultural Marxism, political correctness, to a point where about half the public would jump off a cliff if they were told to do it, or they'd be called racist, or homophobic, or sexist.
00:35:44.000But as many historians have pointed out, and as history has showed, and as many of our guests have pointed out, like Gerald Salente on Monday, don't get down and don't feel bad like I do.
00:35:53.000I'm kind of giving myself a pep talk, but it's true.
00:35:56.000When we run into people that are just so invincibly ignorant, that's a term my dad used when I was a kid.
00:36:49.000With mainstream media calling me up all the time wanting to do interviews and they go, it's just the Wall Street Journal or the LA Times or ABC Nightly News or all of them.
00:37:23.000World government is coming out in the open with world taxes and plans to shut off resources with the Pope running around quarterbacking that they're going to redistribute wealth.
00:37:34.000You got Bernie Sanders here, the little baby Pope, the socialist, and you got Big Daddy Pope over here.
00:37:40.000And folks, no, I don't attack Christian leaders, Muslim leaders, anybody.
00:37:46.000I don't get into the whole Protestant-Catholic fight.
00:37:49.000I know great Protestants, great Catholics, and it's the Catholics I know that are really freaked out.
00:37:59.000I always remember growing up hearing, And then when the Antichrist prepares to rise up, they'll put one of their people in the Vatican and the Pope will be the false prophet.
00:40:01.000You're like in a restaurant, you look out and there's 400 communists running by, burning American flags and knocking people over and it's just, this is it?
00:40:13.000And again, I'm not saying it's a communist conspiracy at its heart.
00:40:16.000The globalists use communist collectivist ideologies as their control mechanism with the dumb masses.
00:40:23.000I was reading a... It was a CNN article this morning.
00:40:38.000And I don't want to pay off my student loans.
00:40:40.000And I want other people to pay for it.
00:40:42.000I mean, it read like a nightmare of theft, but I had to realize, no, no, this is for the average American to read that and go, yeah, I want free stuff.
00:40:51.000Oh, you'll get free stuff like Cuba and Venezuela that have collapsed repeatedly.
00:40:58.000I always hear people go, man, we're going to have great free health care like Canada.
00:41:04.000Every Canadian I know comes down here for health care.
00:41:35.000from the government to go see a private doctor.
00:41:38.000And if you're not on the in crowd, the ring knocking crowd, you don't get to get in.
00:41:44.000Thank God he just got better with herbal stuff.
00:41:47.000But he was like out for like three weeks, coughing up blood, kept going, begging for help, had money, just knew we're sorry.
00:41:55.000And then the average moron Because they've got a Obama sticker on their car, thinks that health care is going to be great as we watch health care prices explode and the economy collapse.
00:42:12.000So I'm not trying to be nasty and negative here, I've just had enough.
00:42:15.000I mean... By the way, Nico, I meant to ask you in the break, how's it going with Harry Dent?
00:42:24.000Good, good, because he's the guy that has just been, as of late, he's been predicting stuff for more than 20 years accurately and a best-selling author, but I mean, he's been dead on about so much, and I want to get his take on the China situation because he's been saying that he believes it's imminent, By the end of the year, China would go belly up.
00:42:48.000And you tune into other pundits and people, and it's all just, China's wonderful, China's great.
00:44:03.000And that's what political correctness is.
00:44:05.000Just disease, crime pouring over, Latin America collapsing, 7 billion people worldwide, the West collapsing, a globalist destabilizing any country that tries to get on its feet to bring down the third world, then flooding everybody with it.
00:44:20.000And you point it out, and racist, and then everybody just says, okay, open the border, uh, curare dart.
00:44:27.000When I had my hernia surgery, they said, uh, yeah, we don't really use a lot of chemicals anymore.
00:44:31.000It turned out the anesthesiologist was a listener who I'd actually known back in college.
00:44:37.000And, uh, when he was a graduate student and then we had a nice 20 minute talk before he knocked me out and he says, don't worry.
00:44:42.000He goes, I know you said the last time he got knocked out for surgery, it took nine times.
00:45:00.000There's a point where I'll finally go under and just submit and go, I'm sorry, I kneel to the Pope and world government and the new corporate government and the new Christ leader that will rise, that will be endorsed as our Gaia leader, and then I'll just say, chop the right-wingers' heads off, and I'll wear a pink tutu and just hop around like, liberal, liberal!
00:45:21.000I mean, you know, maybe at some point, Maybe now I'll just kneel, kneel to the Pope and just, yes, world government, communism is the answer, Che Guevara, you are right, oh yes, I mean, it's Twilight Zone!
00:45:42.000And have you noticed how sickeningly accurate this radio show is, and how everything we talk about just keeps happening?
00:45:50.000I don't like that, as I've said a thousand times, or more.
00:45:58.000Or like watching one of my children being skinned alive or something in slow motion.
00:46:05.000I mean, I don't hate the idiots that are under a mind control trance.
00:46:09.000I don't hate the people that were inducted into all this stuff.
00:46:11.000But they're still dangerous as a horde of idiots.
00:46:17.000In fact, we do have a clip now of Pope Francis at the Vatican this morning when he called for world government, and we're going to play that clip right now.
00:46:28.000In order to ensure the security and continuing stability, the Republic will be reorganized into the First Galactic Empire!
00:47:10.000it but in my gut so he's calling for a new world order and ecological economic order being socialism and uh... fascist tyranny through the green police and again a few weeks ago called specifically for a planetary government to carry this out For everyone's security and prosperity, of course.
00:48:12.000Just continuing to... We're not the conspiracy theorists.
00:48:15.000When they call someone a conspiracy terrorist, that means a thinking person who's not in a trance, who gets in the way of the known liars.
00:48:23.000And then, yeah, there are a lot of lay folks out there that are just not waking up that come up with wild theories because, I mean, if the mainstream media is lying, if the mainstream media is lying and then you've got to go find out what the truth is, you're going to have a lot of speculation.
00:48:44.000And they can go out and show our different speculation about what's happening to then try to discredit us like we're a whole cacophony or Tower of Babel not knowing what we're talking about.
00:48:54.000Well, that's the general public trying to suss stuff out.
00:48:57.000I know what's going on because I've read Carol Quigley's books.
00:49:01.000I've read Zbigniew Brzezinski's books.
00:49:39.000And so they just denied, denied, denied with the brainwashed public not understanding what's going on.
00:49:46.000And then now China's stock market has plunged 30%.
00:49:49.000Trillions and trillions have been lost and the Financial Times of London and others are asking, is this the new 1929?
00:50:04.000Well, I'm sure if we give unlimited trillions to select banks to prop it up, Which is now happening in China.
00:50:12.000While all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of the world.
00:50:20.000In some quarters, it's already being called China's 1929, the year of the most infamous stock market crash in history and the start of the economic catastrophe of the Great Depression, which of course led to a giant war.
00:50:34.000In any normal summer, a 30% fall of the Chinese stock market, a loss of value roughly equivalent to the UK's entire economic output last year, after an ascent which has seen share prices more than double in the span of a year, would have been front page news across the globe.
00:52:09.000Alex Jones here to tell you about how you can help spread liberty worldwide while also enjoying what I have found to be the best tasting 100% organic coffee on the planet.
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00:53:06.000Available at Infowarslife.com Who's among the worst at keeping your data private?
00:53:10.000The Electronic Frontier Foundation Privacy Report says it's AT&T.
00:53:14.000AT&T customers need to know this when calling the Alex Jones 24-7 listen line at 1-605-562-9000.
00:53:38.000We the people grow cotton, weave fabric, engrave ink, embed strips and fibers to protect from counterfeit, and carting to a private bank, having it led back at interest, forcing taxes to service debt.
00:53:48.000Or was Jefferson correct when stating a central bank issuing the public currency is a greater menace to the liberties of the people than a standing army?
00:53:54.000Ted Anderson, I'm placing a free silver dollar in a book that explains our monetary system.
00:54:07.000The future man says it's the end of time.
00:54:14.000In the Mississippi River, she's a gold drive.
00:54:17.000The interest is up and the stock market's down.
00:54:25.000And you're only getting mugged if you go downtown.
00:54:30.000Fox News and others are reporting that the feds are saying the New York Stock Exchange shutdown was an internal computer error, not a cyber attack. - Yeah.
00:54:41.000The Chinese stock market is continuing its nosedive as their main regulator warns of panic as their retail investors, their novice gambler investors, that we warned about on Monday, panic.
00:54:58.000And despite the fact they're trying to prop it up, the general public is exiting in a rout.
00:55:09.000We'll continue to track it throughout the day.
00:55:13.000Some of the other articles dealing with this are up on InfoWars.com and PrisonPlanet.com.
00:55:23.000And ABC News is breaking down how China's stock market trouble is affecting the U.S.
00:55:29.000China being the second largest economy in the world, investors around the world are anxious about the major slide in the Chinese stock market.
00:55:36.000There's a Leanne McAdoo report that I haven't gotten to yet that I mentioned yesterday from the Nightly News on Monday, where she went out in Austin and most people were like, I don't care about Greece, they're nothing, they're small, they need to pay their bills.
00:55:53.000Well, we're in greater debt per capita than Greece and most of this isn't my debt or your debt.
00:56:06.000Oh no, but when the economy goes under and they all tell us we've got to have bail-ins and have our bank accounts taken as they're announcing preparations to do, we'll hear, well, you've got a debt, you've got to pay it!
00:56:18.000Yeah, I've got to pay for all of Bernie Sanders folks' student loans.
00:56:23.000Your parents should have understood there was no jobs in the future with NAFTA and GATT when they paid to get you into college and when you paid for it.
00:56:32.000It's not my fault you got screwed over.
00:56:47.000But you can't redistribute their wealth because it's fiat.
00:56:50.000Do you understand there's not enough real resources to give you everything free?
00:56:54.000To give you a new car, to give you smartphones, to give you a house so you can sit there and weigh 800 pounds and talk about how you're smart all day watching Rachel Maddow.
00:57:19.000Briefly, going into this crisis is now more important than ever to keep our bodies healthy and to Make sure that we're not deficient in a lot of the key compounds that are out there.
00:57:32.000And the biggest one is true nascent iodine, deep earth source.
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00:57:39.000I call it true iodine because we don't have a way to describe it.
00:58:06.000We're down to like 1,000 bottles of Super Male, 1,500 bottles of Super Female.
00:58:11.000It'll be six weeks till we get that in.
00:58:15.000Not had the budget and not have the supply chain to get everything we need.
00:58:19.000So most of our products at Infowarslife.com are sold out.
00:58:22.000Our two best sellers are about to be sold out.
00:58:24.000We have free shipping in the month of July.
00:58:27.000Even though I'm about to sell out, I'm not getting rid of the free shipping.
00:58:31.000That continues store-wide on everything at Infowarsstore.com or when you call toll-free 888-253-3139.
00:58:36.000And it's never been more important To fund the tip of the spear because more people are tuning in every day as they start to wake up as the hammer gets dropped.
01:01:38.000The Shenzhen composite index dropped 40%.
01:01:43.000Right as that began, the New York Stock Exchange had its internal glitch.
01:01:52.000And then just magically, that's when all this happened.
01:01:58.000That's because they simply went in, turned the stock market off, so there couldn't be a plunge here, to then basically manipulate the stocks and try to go into the Chinese stocks and bail them out.
01:02:09.000And they still haven't turned the NASDAQ completely back on.
01:02:16.000Because they know it will start sending our stock market down.
01:02:20.000But see, in the past, when they closed trading, they would admit that they did it, like on 9-11, to stop a total collapse.
01:02:26.000Now they just lie and say it's a computer glitch.
01:03:24.000Before New York Stock Exchange shut down, Hang Shing Index plunged its most since 2008 financial crisis, but they say there's no connection to that.
01:03:37.000And there's no connection to birds flying in the sky, no connection to large aircraft flying at airports, no connection to beer and football, no connection to Bill Clinton and lying, no connection to Hillary being a terrorist and funding Al Qaeda.
01:03:53.000No, the truth is it's completely naked and only a moron.
01:03:57.000I mean, we need to do an article or report just saying Does anybody believe that this is actually a glitch?
01:04:05.000It's obvious they turned the stock market off and suspended trading, which is what you do during a plunge.
01:04:10.000But instead of being honest about it, they'll tell all the sheeple that they just had a glitch.
01:04:16.000Which destroys even more confidence, because here's the deal.
01:04:19.000They're jumping the shark on this one.
01:04:22.000Even the dumbest dumbbell knows they turned the stock market off just to slow down the collapse.
01:04:30.000They want to have a controlled collapse, grandstand, get more global currency wars going, consolidate power before they do this.
01:04:39.000But this is certainly setting the stage going into the winter, as I've told everybody, for the big one.
01:04:48.000In 20 years of broadcast, I've never gotten up here like I've done the last six months and said, I feel a disturbance in the force.
01:05:03.000To celebrate the birth of our country and give a big thanks to all the InfoWarriors out there, we are now offering free shipping on every item shipped out of the InfoWarStore.com warehouse.
01:05:24.000That's free shipping on all t-shirts, books, and DVDs.
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01:05:49.000It's our way of saying thanks to the true heart and soul of this operation, who stand beside us and support us as we wage an InfoWar for liberty and freedom for all.
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01:08:17.000All right, we've been on air an hour and eight minutes.
01:08:25.000Ladies and gentlemen, we have seen a 40% drop across the board in the major index in the Chinese stock market.
01:08:33.000The Chinese economy really is the biggest economy in the world.
01:08:36.000They are the second largest owner of our debt behind the private, European-owned, hedge fund-run Federal Reserve.
01:08:46.000Right as the Chinese stock market went into nosedive this morning, the New York Stock Exchange had a, quote, glitch, not cyber related, cyber crime related, we're told, by the Securities and Exchange Commission, and it was shut down.
01:09:02.000We also had United Airlines flights grounded all morning with a total computer shutdown.
01:09:09.000Now, a couple things can be happening here.
01:09:11.000The Chinese stock market has been overvalued up 100% in the last year.
01:09:17.000The government openly pumps money into it.
01:09:45.000I'm saying there's too many coincidences and too many other weird, because I was looking earlier, other computer systems and other companies are having total computer failures as well.
01:10:35.000Is it a false flag to get cyber homeland security takeover passed?
01:10:39.000Is it shutting down the stock market so that it doesn't get driven down, which is a normal procedure, and they're just lying to us?
01:10:46.000Or is it really just a glitch and all this is happening?
01:10:50.000Greg Pallis, best-selling author, BBC and ABC News host, investigative journalist, had an arrest warrant issued by Homeland Security eight years ago because he was showing toxic waste dumping in Louisiana.
01:11:02.000It was under the Patriot Act, showing that as an Infrastructure Protection Act violation.
01:11:08.000Traveled to Greece many times during the last collapse.
01:11:10.000We got him set up today to talk about Greece, the EU, what's happening on that front, but Now, clearly we're not being told the truth about the biggest shake-up in the markets we've seen since 2008, Greg Palast.
01:11:23.000You were formerly one of the top federal crime investigators during the savings and loan and other events, so you're an expert on this.
01:11:44.000So all I can do, but now I'm going to have to just, all I can do is tell you what I believe and what I think is probably going on.
01:11:51.000But again, I would really have to investigate it.
01:11:53.000It has all the earmarks of Of a quick shutdown to stop an instant collapse.
01:11:58.000Keep in mind that a tremendous amount, probably the majority of trades on the New York Stock Exchange are done automatically by computers.
01:12:07.000So if they sniff a beginning of a fall in stocks, broad fall, the computers themselves start massively going to sell.
01:12:17.000And they're programmed to shut down from what I've been told now.
01:12:20.000Yes, so what happens is when there's a certain imbalance between buy orders and sell orders.
01:12:26.000For example, there's a massive number of sell orders against Western companies with big China holdings, which we're seeing right now.
01:12:34.000And also at the same time, the Greek banks have been closed and they're shaky in the European community.
01:12:41.000You can imagine that the robot traders, that the machines are, of course, all they're sensing is down, down, down, sell, sell, sell.
01:12:49.000So I think that the stock exchange said, pour some water on your computers, tell them to go relax and have a nap and come back later when things have settled.
01:13:30.000Well, let's assume that they are lying about that, as they're not giving us the full story.
01:13:34.000I think it's about telling these automated, the companies that are robot selling, that the robo-systems have to take a breather for a minute before they create an unstoppable momentum.
01:13:48.000I mean, look, as the FBI once told me when I was investigating the business with Al-Qaeda, there are some things that The public ought not to know.
01:14:01.000That's a quote from the official quote from the FBI when I was investigating for BBC.
01:14:06.000So obviously they decided that this is one more case of something the public, quote, ought not to know.
01:14:12.000So maybe you should be grateful that they stopped your 401k from going lower than your shoelaces, Alec.
01:14:20.000Sure, but it shows how rigged the markets are.
01:14:22.000The Chinese don't even deny that their market's completely fabricated.
01:14:28.000But it seems like this balancing act, this house of cards, is going into an endgame.
01:14:33.000A strong wind is coming, a storm is coming.
01:14:37.000What is your prognosis on the global economy and the real players involved in it?
01:14:46.000And as you know, I've just been writing about Greece.
01:14:49.000In fact, I was writing, doing something that very few people have done.
01:14:52.000I'm working with Greek journalists and experts from Athens, so that the article that's at gregpalace.com is actually written You know, not only by myself, where I've been working with Greeks for a long time, but with my colleagues on the ground in Athens.
01:15:08.000The 1% are going to take care of themselves.
01:15:10.000You see this tremendous attack on Greece.
01:15:13.000Well, what's going on here with the Euro when they're calling for massive so-called privatizations?
01:15:18.000Well, it's the elite taking all the properties private.
01:15:22.000The public beaches, the parks, the waterworks, Yeah, let's be clear.
01:15:25.000It's not like they go out and buy some private land and then compete next to a city beach.
01:15:30.000They get it for pennies on the dollar on derivatives they sold the country.
01:15:36.000Yeah, basically you have the arsonists, the guys who started the fire, buy up the stuff at the fire sale.
01:15:43.000Now this started, okay, in my book, Vulture's Picnic, I went through the long investigation on this.
01:15:49.000What happened was, back in about 2004-5-6, Goldman Sachs and JP Morgan, for both Spain and Greece and a couple of other nations, were playing games where they were hiding the deficits of these nations by phony currency trades involving billions and tens of billions of dollars.
01:16:12.000And so the entire nation of Greece was claiming it had only a 3% deficit when it had about a 6 or 7% deficit.
01:16:19.000The people that bought their bonds on good faith, when this whole scam blew open, when a new government came in and said, oops, gee, these books are completely dishonest.
01:17:05.000It's not that Greeks are... You know, this whole idea that Greeks are a bunch of lazy people, that they're just ouzo drinking, olive pits spitting, lazy guys who retire when they're 36 is nonsense.
01:17:16.000Yeah, it's pure bull, and just by the way, the information, look it up at the OECD, which is the site of the Organization of Economically Developed Nations.
01:17:27.000Greeks who have jobs, there's 25% unemployment, Greeks who have jobs work.
01:17:45.000And they say they've been there, and they say the Greeks are like working at 10 o'clock at night with their gardens and growing their own food and truck farms and running a restaurant while they go out and catch the fish.
01:18:35.000They've never paid it back, by the way.
01:18:37.000And now they're saying that the Greeks owe them.
01:18:40.000The problem of the euro, the problem of the euro is that it's not a currency, it's a disease.
01:18:45.000And what's happened is that the Greeks, even the Greek current government, which it's really exciting to see the Greeks stand up and say no, And by the way, we keep talking about the Greek crisis.
01:18:56.000Well, there's 25% unemployment in Greece, but there's almost that much in unemployment in Spain.
01:19:02.000And yet we don't talk about the Spanish crisis.
01:19:21.000It's a massive disaster in Spain, but we don't call it a crisis because basically they've agreed to the occupation by financial powers running the euro.
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01:24:35.000And to see people sitting on top of debt, per capita, bigger than Greece's, saying, hey, it's their debt, they should pay it, shows the triumph of disinformation.
01:24:49.000Greg Palast, what's the next big shoe to drop?
01:24:54.000And what are the latest big mega banking scams that you're tracking?
01:25:01.000I can't give you too many hints about the scams I'm tracking at this moment, of course.
01:25:06.000But I will say that I'm looking into some of the billionaires who are taking down the U.S.
01:25:13.000And of course they're behind all the candidates, both Democratic and Republican sides.
01:25:18.000You have to be, not every candidate, but the leading candidates.
01:25:23.000One of the big concerns I have is that the guys who crashed Wall Street are taking, are suddenly, these hedge fund managers are hedging their bets by buying up candidates in a way that we haven't seen in prior elections.
01:25:37.000Like this guy Paul the Vulture Singer, who is a multi-billionaire, who basically one of the people who took down Greece.
01:25:47.000And you know, remember when I say they took down Greece, these are guys who bankrupted the nation and then demanded all their, uh, uh, demanded their, um, their properties.
01:25:58.000And when, you know, we talk about bailouts of Greece, I want to make this clear.
01:26:01.000The European Central Bank, uh, in its $150 billion that it's supposedly given Greece Breece got zero.
01:26:11.000This is very, very important for people to understand.
01:26:13.000The money went to Deutsche Bank, Goldman Sachs, J.P.
01:26:17.000Morgan, Credit Lyonnais, and other big banks which held Greek bonds.
01:26:22.000Basically, the European people paid off the debts, the Greek debts held by these big banks, which were charging monster fees, and now they're saying, okay, they're telling the Greek people, now you have to bail out our bailout.
01:26:38.000And it's coming down to a massive per family interest charges of $10,000 to $15,000 a year.
01:26:45.000And under Greek salaries, it's impossible.
01:26:50.000And Greg, notice the latest deal was a huge new added VAT on their only cash crop that's tourism, and the Greeks were like, wait a minute, you want to destroy us, but the documents you got back in 2002 showed that this is what these groups want, is the collapse.
01:27:07.000So what will the globalists ultimately do?
01:28:18.000Oh yeah, you watch Devos and they've got Soros' guy going, it's terrible, we need to redistribute wealth, but they're talking about the middle class's money to the poor.
01:28:29.000Where are all these robber barons going to live when they've imploded every nation?
01:28:34.000Well, Mark Rich was in the move to Switzerland after Bill Clinton gave the multi-billionaire bandit a pardon, and so he lived there virtually tax-free.
01:29:02.000His business, he's the guy who makes the solo styrofoam cups and he's made billions of dollars through stock market operations and vulture tax on poor nations.
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01:33:37.000It is Alex Jones, the wild man from Austin, Texas, coming to you live across the globe on over 170 AM and FM affiliates, global shortwave, the internet, satellite, and of course the audio and video streams at infowars.com forward slash show.
01:33:57.000I've got a bunch of special reports I want to air.
01:34:00.000One, Jakari Jackson went out and talked to Austinites.
01:34:03.000They know what the First Amendment is.
01:34:11.000And you've got the Austinites on average, there were some smart folks, but on average, just thinking they're totally immune and insulated from it.
01:34:20.000Not as stupid as folks in Southern California that, you know, 8 out of 10, 9 out of 10 don't know what Independence Day is, but 6 out of 10 here didn't, so pretty darn close.
01:34:31.000And again, I take no relishment out of this.
01:34:35.000We point this out so that hopefully we can ignite some type of national debate about it.
01:34:41.000Just like they had a national poll out yesterday that Drudge had a link to.
01:34:45.00019% of Americans know what the First Amendment is.
01:34:51.000So you wonder how the government can be run by foreign banks, you wonder how we can sign on to secret TPP, you wonder how we can be funding radical Islamists just to run around and murder everybody and then take our rights at the same time to supposedly protect us from them.
01:35:07.000It's because the public is dumber than a box of rocks.
01:35:10.000But that doesn't mean the minority of us, of all race, colors and creeds that are aware, have to live under the governance of the idiots.
01:35:38.000But they lionize democracy as the father of this country.
01:35:42.000We're not a democracy, we're a republic.
01:35:45.000Everybody uses that word like it's sickeningly delicious.
01:35:50.000In ancient Greece, where they first, in a few of the city-states that first got democracy, look it up, they would have a one bucket for white stones, one bucket for black stones.
01:36:02.000And they would say, this philosopher bad-mouthed the king.
01:36:06.000And we don't like that, and so we're going to vote.
01:36:11.000And only, of course, the gentry noble class was allowed to vote.
01:36:14.000Forgot that part, it was an oligarchy.
01:37:19.000He had to go, but we do have Mr. Dent joining us.
01:37:21.000He made specific predictions about the stock market situation coming up.
01:37:26.000Jay Johnson, the head of Homeland Security, is up there giving speeches about imminent cyber attacks and how we need to pass government takeover of the Internet and a handover of that.
01:38:21.000Wall Street Journal homepage is down as NASDAQ stops trading.
01:38:25.000I mean, there's a bunch of weirdness going on right now.
01:38:29.000There is a whole bunch of weirdness going on and happening and taking place right now, as Chinese stocks are now down more than 40%.
01:38:39.000We'll give you the latest here in a moment.
01:38:43.000Now, I want to give this Leanne McAdoo report.
01:38:46.000Again, this is two days ago in Austin, the start of the Nightly News Monday.
01:38:49.000And she went out and was trying to ask people, hey, do you think a stock collapse could come here?
01:39:01.000As usual, they don't really most of them answer a question.
01:39:04.000They just go off some of them into blaming the Greeks when I bet bottom dollar if you didn't label the Greek Isles on a map on a world map on a globe, I bet you they couldn't find it.
01:40:08.000How would your business survive or thrive if people weren't able to get cash out of the bank?
01:40:13.000Well, I personally think that it's a real tragedy that you would have a country that would go bankrupt that once had money and now don't have any money.
01:40:22.000But a business like mine would just die there.
01:40:25.000And bless her heart, we're a generous people and we want to make sure that our citizens are happy.
01:40:32.000But there's a warning out there someplace that You know, there is a limit on how much money you can borrow and still pay it back on time.
01:41:17.000Then they have the financial shows, bad mouth you and convince people like this fellow that you're somehow a bad person.
01:41:26.000And yes, they socialize things so people are dependent on the state so that things are Communalized in a collective system so people will stick with the system even as it's designed to bring them down because they're invested in it.
01:41:40.000I mean corporate welfare is the majority of welfare.
01:41:43.000And I love the fake conservatives that are always up there going, oh yeah, it's all these lazy people.
01:41:48.000That's why we've got a banking crisis.
01:41:50.000We have a banking crisis because they created fake derivatives by the thousands of trillions of dollars and got the municipal, county, city, state, federal, international groups to invest in them.
01:42:03.000It's the fiat fraud is why we're in so much trouble.
01:42:07.000The socialism's bad, but that's to keep you on the hook and get you dependent.
01:42:11.000It's only part of the problem, not the big enchilada.
01:42:23.000Well, we've given them so much, and now they're just lazy like you're part of the establishment because you're wearing a Orville Redenbacher outfit.
01:42:58.000They're going to start looking at ways to kind of pay the banks, keep them solvent, which will be taking 30% a little haircut out of people's savings accounts.
01:43:07.000Anyone who has about 8,000 euros in their account.
01:43:10.000Would you be okay giving a little haircut to the banks?
01:43:13.000It doesn't sound right, because that's the money that I've saved.
01:43:20.000Would you be okay pushing back your retirement so that the banks could get paid even though it was the banks that were doing the risky trading and everything?
01:43:29.000I wouldn't have a whole lot to give but whatever they take that I wouldn't be very cool about.
01:43:35.000Back it up and get a look on that guy's face because here he is this doesn't fit the narrative of CNN and Fox News Where she's like, but it's the mega banks that got the trillions.
01:43:46.000They're the ones that don't have to pay interest.
01:43:48.000They're the ones that can leverage it 10 to 1, fractional reserve, and beyond that with derivatives.
01:43:53.000Because it was all about him feeling powerful over her, and him just guessing she's a dumb liberal because she's a woman, and lecturing her, when the truth is, I talked to major executives and CEOs, they can't find their butts with both hands.
01:44:09.000They know their little market, their little company, their little trend.
01:44:22.000Would you be okay pushing back your retirement so that the banks could get paid even though it was the banks that were doing the risky trading and everything?
01:44:31.000I wouldn't have a whole lot to give, but whatever they take, I wouldn't be very cool about it.
01:45:01.000So, they don't really have any options.
01:45:03.000I don't know that much about it, but I know if you're borrowing money, you ought to pay it back.
01:45:09.000Do you give one of our 50 states a credit card and they default on it, so the rest of the states have to suffer it?
01:45:16.000I think we should leave them on their own.
01:45:17.000They've been spending Recklessly for years and now it's uh... I tend to err on the side of kindness and let's help a brother out, but this is not the first time I've been in this situation either.
01:45:27.000It wasn't actually the Greeks taking... Who borrowed the money and who got the benefit of the borrowed money?
01:46:46.000Yeah, that's that guy that's going to have some pain.
01:46:48.000Another arrogant know-it-all pseudo-intellectual makes me want to throw up.
01:46:53.000Let me explain this to Orville Redenbacher wearing his pre-1929 outfit, his dandy outfit.
01:47:02.000I think it's fitting that he's wearing a Depression-era get-up.
01:47:09.000Maybe 20% of the blame goes on the Greek government and the socialists being set up and wanting some goodies and wanting to live outside their means.
01:47:18.000You don't come right into people's bank accounts and have foreign international banks threaten to cut off food being shipped in that you're going to pay for if you default on the Euro plan.
01:47:30.000The Euro and the United States Collectively are more than two-thirds of the 2.2 quadrillion in derivatives.
01:47:39.0002008, and these nations going into debt, here and in Europe, most of the debt, over 70%, was just in the bailouts alone, where trillions of dollars was given to prop up the banks that now sit here lecturing us.
01:48:00.000And boy, she got his attention when she said, well, should they take some of the money out of your bank account to prop this up?
01:48:07.000And he goes, there may need to be some austerity measures.
01:48:10.000And then later he's going, there's going to be some pain for Greece.
01:48:14.000And he just smiles and gets off on it.
01:48:17.000And that guy's probably got like 20 people that work for him.
01:48:20.000And I've run into these folks, the opposite of capitalism.
01:48:22.000They just get off on their petty power and then imagine they're part of the New World Order.
01:48:28.000Because, you know, they go to a dinner once a year with 50 people and eat with a senator, or they know George Bush, or they know Hillary Clinton.
01:48:36.000I mean, it's... I would have loved to address that guy down, but Leanne did a superlative job.
01:48:56.000With Nigel Farage, the Ron Paul of Europe, in the EU Parliament, speaking to the Prime Minister of Greece, saying to him, you need to leave the Euro, you need to engage in leadership.
01:49:12.000Tells the Greek leader, leave the Euro, reclaim your democracy.
01:49:16.000And again, using that term that's real sexy in England and Europe, you know, democracy.
01:49:21.000This would be a pure democracy and sometimes it acts in a good way to leave, but I just say do it under basic common sense and sovereignty.
01:49:36.000But the truth is, look at how our computers and our software are now globalist run, and how they had to shut the stock market down because the computers were dumping.
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01:53:26.000Well, apparently many of the new credit and debit cards being issued have radio chips inside them called RFID to transmit our banking information to card readers when we pay.
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01:54:21.000CEO suggests NASDAQ shutdown as a cyber attack.
01:54:25.000Students disenfranchise Democrats going for Socialist Sanders.
01:54:29.000Chinese stocks collapse right before NASDAQ or New York Stock Exchange shutdown.
01:54:34.000Nigel Farage rocks EU Parliament, tells leader of Greece, leave the Euro, reclaim your democracy in front of outraged EU bureaucrats and more.
01:54:46.000In fact, speaking of Nigel Farage, the leader of the libertarian movement in Europe, here is an excerpt of that powerful speech yesterday.
01:54:57.000What we're seeing in this chamber this morning, and indeed across the whole of Europe, is an irreconcilable cultural difference between Greece and Germany.
01:55:06.000A split between the North and the South of Europe.
01:55:10.000Europe, the European project, is actually beginning to die.
01:55:14.000Nobody in this room will recognise that, but actually the peoples of Europe are saying we were never asked whether we wanted this.
01:55:24.000And we need to understand why EMU doesn't work.
01:55:29.000Those monsters, Cole and Mitterrand, backed up with a clever but dangerous delaw, believed that if they put in place an economic and monetary union, then as night follows day, there would be political union.
01:55:43.000That there would be an acceptance of this project.
01:55:46.000That the North and South of Europe would converge.
01:55:49.000That we'd all start to love each other.
01:55:52.000That we'd all begin to feel a European identity.
01:55:55.000That we'd all begin to show allegiance to the flag and the anthem.
01:55:59.000Those of us, of course, that criticise this were told that we were extremists and we lacked vision.
01:56:06.000Well, one vision we didn't lack is we understood that the countries of Europe are different.
01:56:12.000And that if you try and force together different people or different economies without first seeking the consent of those people, it is unlikely to work.
01:57:58.000Mr Juncker said you would have to leave the Euro and leave the European Union.
01:58:02.000Even Mr Schultz, the President of the Parliament, who one would have thought might be neutral, said that if the Greeks voted no, their power supplies may even go down.
01:58:11.000There were threats and bullying, but the Greeks stood firm.
01:58:53.000As he breaks down a plan which will work.
01:58:58.000Ladies and gentlemen, you haven't really ever heard firearms manufacturers as sponsors on my syndicated radio show, or the nightly news, or the news website, InfoWars.com, because the companies I've been approached by were not the highest quality, and they weren't as affordable as they should be, so I refused probably 30, 40 firearms manufacturers over the years.
01:59:18.000Well then, About six months ago, we get contacted by Head Down Firearms.
02:00:22.000He's Alex Jones on the GCN Radio Network.
02:00:27.000And now, live from Austin, Texas, Alex Jones.
02:00:32.000Here's the last minute of the powerful speech in the EU Parliament with the leader of UKIP telling the leader of Greece You can't have your cake and eat it too.
02:00:54.000Even Mr. Schultz, the President of the Parliament, who one would have thought might be neutral, said that if the Greeks voted no, their power supplies may even go down.
02:01:03.000There were threats and bullying, but the Greeks stood firm.
02:01:06.000But, sir, You cannot have your cake and eat it.
02:01:10.000They will give you no more, these people.
02:01:31.000Give your people Give your people the leadership and the hope that they crave.
02:01:37.000Yes, it'll be tough for the first few months, but with a devalued currency and with friends of Greece all over the world, you will recover.
02:01:45.000And, of course, the prime minister, leader of Greece, does not look happy during any of that.
02:01:59.000They're threatening a coup, even military internal takeovers in Greece.
02:02:06.000It's a very dangerous situation because it affects the entire Euro and the whole world as China begins to go belly up.
02:02:15.000I mean, China has thousands of riots per month, incredible corruption, with the Communist Party people three generations deep now, since 49.
02:02:30.000Imagine, you're a general because your grandfather was a general, and it's a bunch of Kim Jong-uns running around, just insane asylum-level rich, saying they're communist.
02:02:42.000Totalitarianism, whether it's fascism or communism, doesn't work because it's not meant to work.
02:02:50.000You give powerful government control over an economy, the people in the government will become kings overnight.
02:02:57.000The only way to have freedom is diverse distribution of power through the vote of the dollar, through the vote of free association, Build the world according to performance and review and free association.
02:03:16.000People who don't know history haven't traveled the world that sit around bitching about America.
02:04:11.000Whether or not she told the truth, Is a big deal.
02:04:14.000And some of the emails coming out about Benghazi indicate that maybe she did know a lot more about this arms trade than she let on.
02:04:22.000And I don't think our public officials should be allowed to come before congressional committees and lie.
02:04:27.000But it's also concerning because the big problem we face now with ISIS, did it have anything to do with Hillary Clinton arming people who either became ISIS or who were friends or allies of ISIS?
02:04:41.000I think there's a very good chance, because I think there's no way that Hillary Clinton did not know about this, her private email, so that she was the one supporting the army.
02:05:10.000From bioweapons and genetic modification to autonomous killing machines and the surveillance state, engineers and scientists are busy creating technologies that could result in billions of people dying or living as slaves.
02:05:23.000Michael Crichton put it this way 25 years ago in Jurassic Park.
02:06:02.000So do I. For InfoWars.com, I'm David Knight.
02:06:08.000Ladies and gentlemen, you haven't really ever heard firearms manufacturers as sponsors on my syndicated radio show, or the nightly news, or the news website, InfoWars.com, because the companies I've been approached by were not the highest quality, and they weren't as affordable as they should be, so I refused probably 30, 40 firearms manufacturers over the years.
02:06:28.000Well then, about six months ago, we get contacted by Head Down Firearms.
02:07:12.000I have set out to bring you the most hardcore, cutting-edge supplements and nutraceuticals bar none, and that's what you'll find at Infowarslife.com.
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02:08:06.000Live from the Infowars.com studios, it's Alex Jones. it's Alex Jones.
02:08:25.000Well, Harry Dent's been coming on with us for about five years.
02:08:34.000He's been a more frequent guest in the latest round of crises.
02:08:39.000He predicted years ago that China would probably be the trigger contagion for a global stock market, a meltdown that the bond market's ready to go.
02:08:49.000Ron Paul's been seconding what he has to say.
02:08:51.000So many other guests we have on have also been warning of this, but he specifically has been saying China's the big issue, not Greece.
02:11:27.000markets, and we've also been warning people, Alex, that you've got to get out of these bubbles early because the first crash is typically 30-40% within a month or two, and people don't have time to get out.
02:11:39.000They say, well, I'll get out when it starts to weaken.
02:11:41.000No, it's too late when it happens in a bubble like this, and there's going to be a round of things we've got to look for.
02:11:47.000I think the Chinese market will probably bounce pretty soon.
02:11:50.000They're doing some pathetic, just desperate things.
02:11:53.000They stepped in this weekend with $20 billion and bought stocks to prop them up artificially.
02:11:59.000They told all major pension funds in China they cannot sell stocks.
02:12:04.000They can only buy them and can't sell them.
02:12:05.000Talk about manipulation of the market.
02:12:07.000And now 40 of their top companies are not even trading because they can't afford to keep falling.
02:12:16.000So at some point, we'll see this first wave down and what people should look for is you get a bounce and it only lasts a couple of weeks or maybe a couple of months and then China starts heading down.
02:12:26.000The next thing we see, Greece is in trouble.
02:12:33.000Chicago and Illinois are in trouble, but I've been warning on this show that the first real critical thing to happen and watch for in the United States is oil drops again, and it's already dropped from 62 to 51 bucks in a few weeks.
02:12:46.000And that triggers a round of defaults with the fracking industry.
02:12:51.000The fracking industry is a trillion-dollar investment, has created tons of jobs, and has $600 billion of high-risk, high-yield.
02:13:01.000I know a bunch of people that are in the oil industry, low-level, mid-level, small company owners.
02:13:07.000They're all fighting bankruptcy, are going bankrupt as we speak.
02:13:11.000How bad is this going to wound Texas, Oklahoma, the Dakotas, and Canada?
02:13:17.000It's going to particularly hit Texas, North Dakota and Alberta and Canada, because that's where most of this is concentrated.
02:13:25.000And again, most of these crackers and oil sands people can't break even unless oil is over $80 or at least over $55.
02:13:38.000So this is their, what they're doing is they're pumping their existing wells to the max to create cash flow because their wells are, it's not expensive to pump, it's expensive to find the darn things and drill.
02:13:50.000And they were only able to do that with the cheapest junk bonds in history because of quantitative easing and artificial stimulus and by oil price.
02:13:58.000So that's the next thing to hit the United States.
02:14:27.000They put it mostly in the real estate, way more.
02:14:30.000In the US or Europe so realist the reason the stock bubble happened was in the last year real estate finally started to cave but the government's been supporting that and propping that up artificially they've been buying empty condos like crazy.
02:14:44.000But when real estate stopped going up, then people started speculating in stocks, which the Chinese don't normally do, and that's why they got such a crazy bubble when two-thirds of the new accounts were opened by people who didn't have a high school education.
02:14:57.000So this is really dumb money, and that's why it's failing so fast.
02:15:01.000So, but it's when the Chinese real estate market finally gets hit harder like Singapore has recently here.
02:15:08.000Boy, when that happens, the implosion of wealth in the second largest and fastest growing country in the world is going to be unbelievable.
02:15:15.000It's going to be like the Japanese in the early 90s when their real estate bubbles imploded.
02:15:20.000They stopped buying real estate everywhere, and they were the lead buyers in the key cities.
02:15:25.000So you're saying, I mean, to be specific, you're saying you think we'll have a dead cat bounce out of China for a few months, and then as we go into the fall, you think it's going to go down?
02:16:04.000I mean, China bubble bursting and the fracking bubble bursting are the two biggest things I see.
02:16:10.000Here's my question, and almost everything you said has been right on for 20 years, but here's my concern.
02:16:17.000I get that we're going into a depression.
02:16:20.000People retiring, less money, debts are huge, that causes a real economy, depression, prices should fall.
02:16:27.000But things are so rigged, and they're still going ahead with QE Unlimited all over the world, I don't see how, down the road, other commodities like gold and silver don't go up, especially when so many elitists and institutions are quietly buying gold, or is that not as an investment, just as an emergency backup?
02:16:49.000Yeah, but they're doing emergency buying of stocks, and it didn't work in 1929 for long, and it's not going to work in China.
02:16:54.000But down the road, commodities are going to be big, and I do see gold at $5,000, but it's like 15 to 20 years from now.
02:17:04.000We have to go to this deflation first.
02:17:06.000When you get a bubble burst, Alex, there are $225 trillion of loans, bonds, stocks, financial assets around the globe now, and that's gone way up with these bubbles.
02:17:20.000A hundred trillion of that could disappear overnight.
02:17:22.000That is real wealth and money to people.
02:17:26.000Let's not even count it, and it will fall.
02:17:28.000Oh yeah, if people lose most of their savings and everything, it is going to be a hellish pullback.
02:17:32.000We will be in a long... Here's my concern.
02:17:35.000Help babble this depression because I don't want to scare people, but I've confirmed The military's storing food, police departments are digging in, they're getting armored vehicles delivered, that's admitted.
02:17:47.000I've got the Ministry of Defense and the Pentagon's own declassified reports where they believe a collapse is coming by 2017, and they said that eight years ago, so quietly, they agree with you, but how bad could this collapse be?
02:17:59.000I mean, we're talking about something far worse than 2008, aren't we?
02:18:02.000Yeah, well, it's definitely going to be worse than 2008.
02:18:05.000Every crash has been worse since 2000 crash.
02:18:10.000And to me, you don't really see how bad it's going to be until you actually see debts fail and major defaults and loans going bad and 70, 80% crashes in major stock markets.
02:18:22.000And that's exactly what happened in the early 30s.
02:18:24.000So I think this is going to be like the early 30s.
02:18:26.000And I think it's going to be much worse because governments have now kept this bubble going.
02:18:32.000With quantitative easing, artificial stimulus, zero interest rates, long and short term, when you adjust for inflation, they kept this thing going for six more years!
02:18:42.000It's like taking more of a drug to keep from going down.
02:18:46.000The longer you take the drug, the worse your collapse is.
02:18:49.000We can handle a couple of Detroit's, but what if we have 20 of them?
02:18:53.000Doesn't this become almost a road warrior scenario in many areas?
02:19:57.000And the worst thing right now, Alex, long-term rates from Germany to Japan to the U.S. and, of course, Greece are going up now despite runaway QE.
02:20:06.000Stay there, explain that to us when we come back.
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02:24:19.000Go to HarryDent.com forward slash Alex Jones and you can get a free chapter of his book, specials on his book, The Demographic Cliff and more.
02:24:30.000And he looks at a whole bunch of different demographic trends throughout history.
02:24:51.000in every culture at every time when there's an economic crisis with the Aztecs or an economic crisis with the Romans or domestic problems in England or domestic problems in France or domestic problems in Europe or in World War I, World War II, always we end up going to war.
02:25:08.000So I don't find it to be a surprise that we see massive escalations in conflict and in potential conflict in this season.
02:25:17.000What are your graphs and charts that you have on your site that you go over say about war?
02:25:46.000And my thing, we have a geopolitical cycle.
02:25:50.000If it is positive for 18 years, like 83 to 2000, and negative from 9-11 through early 2020, if we're going to see increasing conflict in the Middle East, which is already obvious, and in other parts of the world, and greater tensions between, let's say, China and Japan, Russia and the U.S., anything else, Russia and Europe, it's going to happen, and likely to happen, in the next five years.
02:26:11.000I don't think it's going to be as much like World War II, only because We don't have the same alignment of major powers that can fight each other.
02:26:19.000There's nobody that can fully challenge the United States, because China's whole military efforts and defense spending is meant on controlling their own people, because they're not a democracy.
02:26:30.000And you've always said it's a paper dragon militarily.
02:26:41.000But they could cause problems in their sphere, and there are growing tensions between China and Japan.
02:26:46.000There's growing tensions everywhere, and that's one of the reasons a lot of these stock market guys say, Oh, the stock market's not as overvalued as it was in 2000 when it crashed.
02:26:55.000Well, the world is three times more risky than it was in 2000.
02:27:03.000So they're underestimating the risk and overestimating the value of stocks.
02:27:09.000So this is going to be again, this could be a stock market crash around the world.
02:27:13.000More important, real estate around the world.
02:27:15.000And when China goes, especially in real estate, that's going to be that's when people are going to get, oh, my gosh, even Vancouver can't hold up, you know, even London, even New York.
02:27:25.000What about a Chicago going under, or Puerto Rico like you mentioned, or California?
02:27:30.000I mean, everybody shakes their finger at Greece.
02:27:32.000Aren't we, if you count local debt and all the rest of it, and even more debt than Greece?
02:27:37.000Yeah, well we have more private debt than Greece, you know, compared to our economy.
02:27:42.000Greece has the most public debt outside of Japan and Ireland.
02:27:47.000But I'm telling you, Alex, you look around the world, most countries have close to four times GDP in private and public debt, and then they have another double that, up to eight times the United States in unfunded liabilities for Social Security, Medicare, Medicaid.
02:28:02.000But Obama said raising the debt limit doesn't raise the debt.
02:28:07.000Well I'm just saying we're going to run deficits forever because we've made commitments to the aging baby boom generation that will not be possible to be paid out of present.
02:28:17.000Sure sir, I was being sarcastic about the Obama thing.
02:28:21.000But what about the young people refusing to do this for the baby boomers?
02:28:24.000Isn't that going to create a whole new split?
02:28:27.000Yeah, I think basically young people are going to start to say, we've got to start shooting old people.
02:28:34.000I hate to put it that way, but there's no way they can pay for the baby boom benefit, especially in an economy that's going to be very slow because of this debt deleveraging.
02:28:44.000But also our demographics, our workforce is going to grow a half a percent the rest of the decade, even if the economy stays good.
02:28:52.000And then it's going to grow zero for the next decade after that.
02:28:55.000And then it's going to grow slowly again.
02:28:56.000We're just not going to see the type of growth that can pay off these entitlements.
02:29:01.000So we're going to run deficits forever.
02:29:03.000And at some point, In the depths of a crisis, we will have to say, you know what?
02:29:08.000We've got to retire at 72 to 75 instead of 62 to 65.
02:29:12.000The Greeks are retiring at 55, for crying out loud.
02:29:15.000People want to die and go to heaven, you know?
02:30:18.000The President was meeting with military leaders at the Pentagon when he made the comments.
02:30:22.000Perhaps Obama should have considered this notion before continuing the policy of flooding the chaotic Middle East with weapons.
02:30:29.000As Infowars has tirelessly documented, U.S.
02:30:33.000weapons have fallen into ISIS hands time and time again, and bolstered the terror group via the insane policy of arming and training the so-called moderate rebels in Libya, Syria, and Iraq.
02:30:45.000The CIA has shipped weapons to Al Qaeda-affiliated groups in Syria since at least 2012, a fact reported by the New York Times.
02:30:54.000Iraqi intelligence even claims that the U.S.
02:30:57.000is intentionally dropping weapons to known ISIS-linked groups of rebels.
02:31:01.000Where were the better ideas when it mattered?
02:31:04.000You can find more reports on InfoWars.com.
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02:33:06.000Crashing through the lies and disinformation, it's Alex Jones on the GCN Radio Network. it's Alex Jones on the GCN Radio Network. - Heaven events, this is time.
02:33:28.000All I know is there's 2.2, according to the Congressional Budget Office, estimated global derivatives.
02:33:34.000They have articles I've read in USA Today years ago saying that basically 60% of that we've signed on to.
02:33:41.000We're talking about over a thousand trillion.
02:34:18.000But the big top ones are a bunch of crony insiders.
02:34:22.000They've gotten away with everything you can imagine.
02:34:24.000They're the ones that count on totalitarianism to keep their butts out of jail.
02:34:29.000They think they can just buy off governments and that long term they'll be safe.
02:34:33.000They would have been safe not robbing the economy.
02:34:36.000And just skimming off the top in a legitimate way.
02:34:38.000Because I'm all for wealth creation and wealth.
02:34:41.000But you have crony capitalists scapegoating real capitalism and I see that as the problem.
02:34:48.000I see the big trigger is that once we go into just a recessionary depression, That is a recession for some, depression for others, that the spoiled brats out there are going to use the crisis to have a political move to take over the government even more and nationalize and redistribute like Venezuela did, and then they'll really destroy the economy.
02:35:09.000Because we can always rebuild the economy quickly if we have free market.
02:35:13.000If we don't, we're living like the new Soviet Union.
02:35:17.000I want to go to some phone calls for our guest.
02:35:20.000Harry Dent of HarryDent.com, again, who predicted that the next big trigger would be China.
02:35:26.000He was just here two weeks ago saying it.
02:35:28.000He was here a year ago saying it, five years ago saying it.
02:35:43.000Our banks are making moves saying we won't give you cash soon.
02:35:47.000So I see a lot of regulations being changed, a lot of preparation for what I call battening down the hatches.
02:35:55.000Going over your demographic cliff, going over the different triggers on the graph you put out a few years ago, I see a few of those things have now happened.
02:36:04.000But what about my rant, my concern about the social response we're going to see and all the race war mongering going on by the socialists who want to see a civil war in this country because they're dreaming of 1917 Russia.
02:36:22.000We've got some really kooky, bizarre, sick people who openly say they want a Cloward and Piven collapse because then they can have their socialist takeover with Hillary Clinton or Bernie Sanders.
02:36:36.000Well, you know, I mean, I've never seen more polarization.
02:36:40.000It's as much from the rich to the everyday person as it was at the top of the Roaring Twenties.
02:36:45.000But the political polarization is extreme, especially in the United States.
02:36:50.000I expect there to be a certain amount of civil unrest.
02:36:53.000When you see higher unemployment, you always see higher crime.
02:36:58.000In a place like China, when they moved Hundreds of millions of people in a little over a decade into cities with no skills and they're not even legal citizens of those cities when this machine of overbuilding everything to keep the economy going by a top-down government happens.
02:37:14.000These people are going to be trapped and they're going to have nowhere to go except the squat in the empty condos will be their only thing.
02:37:20.000So I'd say you know like the the United States and China are two places I see is the most ripe or some some Social unrest and where you live is important.
02:37:34.000I've sold all my real estate in recent years because we saw the real estate thing coming.
02:37:39.000I kept one property on an island because I want some place to go if things get really bad.
02:37:46.000That's what the elite's doing, and we talked about it years ago, but now it's in the Guardian, it's in the New York Times.
02:37:52.000Their billionaires are building secret airstrips with armored redoubts and basically hiring long-term security teams and giving them stock accounts to basically never leave them.
02:38:08.000I mean, wow, when you see that type of behavior, it makes you ask, how bad will it get?
02:38:14.000Well, again, the other thing we show about China is the wealthiest people in the last several years that have been leaving in droves, what they do is they say, oh, we're just getting our kid an education in California or New York or London or Sydney, Australia, and a good university.
02:38:28.000Oh, and while we're there, we're going to buy a $20 million house.
02:38:32.000What they're doing is laundering their money out of the country.
02:38:35.000The rich Chinese see this crash in China coming.
02:39:34.000I was the most bullish economist from the late 80s on.
02:39:37.000I'm not a fear monger by nature, but when you see a bubble of this magnitude and you see it so global, and then on top of that you see governments, and this is unprecedented, saying, when the bubble starts to unravel, we're just not going to accept it.
02:39:51.000We're just going to print trillions and trillions of dollars, prop up markets artificially.
02:40:20.000So I do tell people I'm leaning more towards, hey, be more cautious than not.
02:40:25.000Not only be out of markets, but What's the safest kind of best place for you to live and be?
02:40:31.000How do you protect yourself in case things get really bad?
02:40:34.000I don't know that they will, because we're in a different era than in the 30s, but they might.
02:40:38.000And they could get really bad, because this has just been extreme.
02:40:41.000And I've never seen this much irresponsibility in financial and fiscal management, never any time in history.
02:40:52.000Well, Infowars.com is here covering it, and we've been accurate, our guests have been accurate, you've been extremely accurate.
02:40:59.000And then I look at the very central banks, the very crony capitalists that have helped all this happen, and they are going to be set to get more bailouts, more power out of this.
02:41:10.000I wonder, my last question before we go to calls for you, Mr. Dennis, do you think the establishment crony capitalists will get out of this without getting in trouble the next round?
02:41:20.000I mean, are they really too big to fail?
02:41:23.000I think some of them will, but I think that the central banks are going to lose massive credibility.
02:41:30.000They've done the stupidest thing in history.
02:42:08.000You don't let companies with special interests tell you what you should do in economic policies because they're going to tell you what's good for them and not what's good for you or the country.
02:42:17.000Yeah, that's America and the whole world's biggest problem.
02:42:20.000That's why third world countries are third world countries.
02:42:22.000It's that they have special interests that destroy basic level playing field for their interest and then end up destroying the entire system long term.
02:42:36.000Yeah, we look at demographics around the world, but when we see countries are still poor with good demographics, we know there's corruption.
02:42:45.000It's kind of tribal Tribal economics, which is not good.
02:42:51.000And that's what America's going into, is all these tribal groups and subgroups, and it's being done by design, by the ruling establishment, who are just playing with fire.
02:44:27.000If you've got a really high mortgage against a falling equity, I would almost say just hang on to it, because at some point I think governments are going to be forced into telling the banks what they should have told them in the first place, mark down your mortgage loans and your loans to market value.
02:44:44.000By pumping all this money into the banks, they have not had to do that.
02:44:49.000If you've got a house with higher equity, higher real estate, I've been saying sell it unless it's like my little getaway place.
02:44:57.000Sell it because you can turn that into cash now and when you get this great deflation, and this is going to be deflation, deleveraging of debt and financial assets, you're going to be able to buy houses, beachfront real estate, companies, all types of stuff at 20 cents on the dollar, 10, 20, 30 cents.
02:45:16.000It's going to be the buying opportunity of a lifetime, but you got to have cash Hey, how's it going, guys?
02:45:38.000The financial crisis that's coming that has to do with this fiat currency system, do you guys think this is a strategic plan to wean us into the Or any, you know, kind of takeovers by the UN on the, or you know, introducing us into a new financial system, but obviously getting fight back from the people.
02:46:03.000Obviously, the different establishments that work together, the G20 and stuff, they have exit strategies out of this to always get more power out of the crises they helped incubate.
02:46:13.000What do you think will come out of this ultimately?
02:46:16.000Right now it looks like governments are turning to tyranny.
02:46:22.000You're going to see, I think you're going to see power decentralized.
02:46:25.000Europe is going to break down into smaller units again.
02:46:28.000That may even happen to some degree in the United States.
02:46:32.000On the other hand, there's always some people, some entities government-wise, and major corporations, that because everything else is falling, they get stronger.
02:46:41.000And if they do have the cash and the power, they will do that.
02:46:55.000And so it's going to be kind of a funny world where you don't, you know, where governments fail.
02:47:00.000I mean, when these major central banks do this, Fourteen trillion dollars of global stimulus and everything else, and then the economy gets worse?
02:47:10.000Who's going to have faith in these people?
02:47:12.000And there's going to be major reforms of the banking system, and they're not going to allow the banks... That's what Ron Paul says.
02:47:17.000He says we can come in and restore a ton of basic common sense and free market ideas, but the danger is the socialists and all their idiot followers are going to try to take over during the crisis.
02:47:29.000Yeah, and then there'll be both of that.
02:47:32.000People only do the right thing in a crisis.
02:47:34.000When the barn's burning down, people run in, save the horse, the dog, and the baby, and run out.
02:47:40.000Everyday people become heroes, just like in 9-11.
02:47:43.000But most of the time, people are too scared to do something.
02:47:46.000When we get reality, there's going to be some really good reforms come out of it, but there's going to be some really bad people try to take over power in ways they can, because a crisis Yeah, I got some really potent truth I want to run down with you really quickly.
02:47:59.000Look out for men on white horses or women.
02:49:07.000The biggest surprise outside of the China bubble bursting, we've been saying for the last few years, is Germany looks worse than Japan did to us in the late 80s.
02:49:15.000And we were the only people that saw the fall of Japan.
02:49:17.000The only people anywhere, because they were just rising.
02:49:22.000They had a major real estate bubble and stock bubble, just like China does today.
02:49:26.000And they went down like a lead balloon when the demographics no longer supported them.
02:49:31.000Germany has the worst demographics in the next eight years, and only the fall in the Euro in the last few years has kept their exports up because they export 50% of their time.
02:49:49.000I just want to let you know I bought Harry's book, Demographic Cliff, the last time you had him on, which was a couple weeks ago, and I appreciate that.
02:49:58.000Another book that I downloaded for free.
02:50:01.000It's a real short, easy read, and it lays this crisis at the feet of the same people that have been doing it since 1907, and that's the central bankers.
02:50:11.000It's, it's, it's, uh, none dare call it conspiracy.
02:50:15.000Like I said, I downloaded it for free.
02:50:19.000Yeah, and if you fancy yourself a populist, these guys, the central bankers, recognized the populist movement after they created the central bank or Federal Reserve as a threat.
02:50:33.000And the author recognized the populist movement as having some good questions but all the wrong answers because the populist movement identified the central bankers as being a free enterprise.
02:51:14.000Mr. Dent, your take on what he was just saying?
02:51:16.000Yeah, I mean, I always tell people it's no accident that the Great Depression and the Roaring Twenties bubble followed the creation of the Federal Reserve.
02:51:25.000Because they do the same thing they do.
02:51:27.000They go top-down, they don't let the economy rebalance, they kill free market capitalism.
02:51:32.000And since the economy doesn't rebalance, you build bigger and bigger bubbles until you have a giant burst.
02:51:37.000And that's what we have now in spades.
02:51:39.000Central banks should only be there for liquidity and emergency situations.
02:51:44.000They should not be constantly stimulating the economy.
02:51:50.000I hate to say it, but since the 70s, when Keynesian economics became popular, it was invented in the 30s by John Maynard Keynes.
02:51:57.000Basically, we've been doing nothing but borrowing, running trade deficits, budget deficits, creating a bigger and bigger bubble, and history's clear on this.
02:52:05.000Bubbles always burst, and when they do, you see the worth of time.
02:52:10.000That's right, and at least before the central banks took over studying history, there were a lot of bubbles, but they were localized, they were regionalized, and sometimes they would build some infrastructure so when they popped, the only folks getting burned were people that were burned at the end.
02:52:23.000Well, that's free market, but now since they prop them up, they get so mega-huge, it engulfs people that weren't even part of them.
02:52:29.000Right, and in the capitalist system, the whole point is if you make bad loans, you lose money.
02:52:35.000Well, they don't let anybody lose money anymore.
02:52:37.000They don't let speculators lose money until it falls off.
02:52:40.000They only make us lose money bailing them out, and that's a crime.
02:53:03.000I wanted to point out Revelation chapters 13, 15 through 18.
02:53:07.000That's what's going to happen to everybody around the world.
02:53:10.000small and great, rich and poor, free and bond, to receive a mark in their right hand or in their forehead, you know, the RFID chip, and won't be able to buy or sell.
02:53:19.000And Revelation 6.15 through 6.16 talks about what's going to have these rich men who've got all these caves and dens in the earth, where they've got all their food and all their goodies stored for them to get away from the Lord Jesus Christ when he comes back to put a hammer onto the satanic new world order.
02:53:46.000When they want to get rid of cash, have a global super bank, the Pope's endorsing it, carbon taxes, and where you've got to be tracked everything you do.
02:53:54.000That sounds like a recipe that would absolutely be loved by any fascist leader.
02:54:00.000Your take on the whole move to demonize local farms, local commerce, Barter, you know, micro economies, lemonade stands, this whole move towards getting rid of cash.
02:54:13.000Well, you know, I mean, this is natural to happen, but when you get deleveraging and the economy breaks down, that's the reason it breaks down.
02:54:23.000You can't have real change in reform unless the present structures that have built up for decades, all these special interests, Unless this breaks down, you can't build out of the ashes again.
02:54:35.000So these efforts, like the Chinese to prop up their stock market short term, and people to prop up systems, and to keep printing money to keep the bubble from collapsing, and financial institutions that overlet money, it's not going to work.
02:54:48.000It just makes it worse in the long term.
02:54:52.000The longer this denial, bubble denial, goes on, the worse a crisis we'll have to follow.
02:54:59.000Sure, and the centralized Our state-run economy, or central bank-run economy, is in competition with any local economy it doesn't control, and so everything's got to get in line and only buy from the central system in its view to prop it up, when really all that does is destroy any true grassroots economy that's key during any collapse.
02:55:21.000China is the epitome of a top-down, government-driven economy.
02:55:28.000They say it's better, they coordinate everything, and people like it at first.
02:55:32.000Mark my words, China is going to prove, once and for all, That a top-down, centrally-driven economy does not work as well as a bottoms-up, democratic, free-market system.
02:55:44.000And democracy, really, Alex, is a bit of socialism.
02:55:47.000It balances out capitalism and gives everybody a vote while the rich get richer if they add innovation.
02:55:52.000But I'm telling you, China is over-expanded 12 to 15 years in the future, more than any country in history, and they are going to go down.
02:56:00.000They're going to fall over like an elephant.
02:56:03.000The only true socialism is the free market in that it does give everybody a say, but then the socialists actually attack it because they're not even real socialists, and now you get deep into semantics and what it all means.
02:56:15.000harryditt.com forward slash Alex Jones to find deals on your new best-selling book, The Demographic Cliff.
02:56:20.000Thank you so much for spending time with us on short notice, sir.
02:56:50.000I mean, the Pope announcing new world order, global government based on socialism and redistribution of wealth, with the bankers exempt from that and tax exempt, the diplomatic community.
02:57:02.000I mean, this is a wild time to be alive.
02:57:09.000As our credibility just rises and rises and rises, they're running Jade Helm hoaxes, where we're saying martial law is coming in July and August, and that Obama's going to take over Texas.
02:57:22.000The globalists already took over America.
02:58:02.000It's more important now to vote with your dollars and your mouth and to all of us mutually support each other and to vote with our dollars.
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03:00:49.000We've got so much crude oil around, we don't need fracking.
03:00:52.000Mortgages, I'm wondering what's going to happen to all of us mortgage holders when all this finally hits the fan.
03:00:57.000Oh, they're still packaging fraudulent loans.
03:00:59.000They harass the person doing the borrowing at the grass level, but then above it, the big banks are still reselling them over and over again.
03:01:08.000I mean, what's going to happen to those guys where the rubber hits the road?
03:01:10.000They're going to kick us out in a month or two, aren't they?
03:01:13.000You know, if it gets bad enough, they'll just reduce the rate.
03:01:18.000They'll just reduce the payment and the overall bill, the overall note.
03:01:47.000But and that one guy called in, started on the religion thing.
03:01:50.000I'm still of the mind that they're using the New Testament, that King James and those people rewrote it as a roadmap of what they're going to do to us.