On this episode of the Alex Jones Show, we discuss the latest on the Federal Reserve and what it means for the economy and the future of the financial system. President Trump has been very public in his criticism of the Fed, and now Steve Mnuchin is saying that he does not want to fire Janet Yellen, and that he respects the Fed. What does this say about the direction of the economy?
00:00:16.000It is the Alex Jones Show with David Knight.
00:00:19.000Welcome on this December the 23rd 2018 I'm David Knight your host.
00:00:29.000Well, we've had some updates to the big stories that started hitting at the end of the week.
00:00:33.000And of course, it's at this time of year that a lot of very important things can happen.
00:00:38.000You know, it was 105 years ago on Friday, as I covered on Friday, that the Federal Reserve was created.
00:00:43.000And now we have President Trump saying many reports that he wanted to fire the chair of the Fed.
00:00:52.000Now you've got Steve Mnuchin, the Goldman Sachs banker, who's his Treasury Secretary, coming back and saying, no, no, no, he didn't say anything like that.
00:00:59.000No, no, no, we respect the Federal Reserve.
00:01:05.000President Trump is getting into some very important areas here.
00:01:11.000When he starts to do things like bring the troops home from an unconstitutional war that we should not be involved in, When he starts talking about the actions of the Fed, and criticizing the Fed, and talking about changing the Fed, it's starting to look a lot like JFK, isn't it?
00:01:29.000Maybe that's why President Trump is also talking about the fact that we've got an armed citizenry, and if they take him out, coup or otherwise, there will be a pushback against what they're doing.
00:01:38.000He certainly understands that he's in dangerous territory.
00:01:41.000And we're going to talk about why he should move against the Fed, should not wait, how he might do it.
00:01:48.000As a matter of fact, this is something that goes back to the very beginning of the Trump presidency, right after he was elected.
00:02:14.000And then, right after President Trump was elected, about six weeks later, they raised interest rates a quarter.
00:02:23.000And I said at the time, and I said it for the entire week, I said they're going to do the same thing that Greenspan did.
00:02:28.000Greenspan, of course, you remember, he created the real estate and stock market bubble with the Federal Reserve by lowering interest rates and keeping them at essentially zero for a very long period of time.
00:02:39.000And then he began raising interest rates one quarter of a percent every calendar quarter.
00:02:44.000It looks, if you look at the chart of Fed rates, it looks like a little stair step case going straight up.
00:02:50.000And then if that wasn't enough, he started talking about irrational exuberance.
00:02:53.000And of course, he had some comments this last week talking about run for the exits.
00:02:58.000So they do everything they can to manipulate, to undermine this economy.
00:03:01.000And of course, that has been the design of the Federal Reserve since its creation.
00:04:10.000Morgan, who is very much like the character Potter in the movie, they engineered the Federal Reserve.
00:04:15.000They did it on a Christmas, when nobody was really paying any attention.
00:04:19.000Now we've had Mitch McConnell show his true colors by saying, I'm not going to really do anything to try to get this to pass in the Senate.
00:04:28.000It did pass in the House, thanks to the efforts of the House Freedom Caucus.
00:05:10.000Defeat Alexandra Cortez and her mindless idiocy with hashtag Alex Jones.
00:05:15.000Defeat the censors with hashtag Alex Jones.
00:05:19.000They've tried to ban us off every platform out there, but we've just gotten stronger because you've taken action with hashtag Alex Jones.
00:05:28.000I am patient zero in the massive banning, but you can override the censors now, and if all of our audience gets involved with hashtag Alex Jones, we are unstoppable together.
00:05:38.000We've already changed the world together with our laser focus.
00:05:42.000Do it again with hashtag Alex Jones on Twitter, on Facebook, on Google, on YouTube, everywhere.
00:05:48.000Call or talk radio, C-SPAN, shout it out loud in public.
00:06:15.000I've been on the air 24 years, but I've never covered a grouping of stories
00:06:22.000that together signify the biggest change, not just to United States policy,
00:06:29.000but to the entire direction of the world.
00:06:34.000This constellation of developments has the political establishment, the corrupt globalists, shaking to their core.
00:06:42.000But the underlying theme here is extreme change for the better, but also with an extreme danger to our 45th president, Donald John Trump.
00:06:55.000Now, I'm going to cover some of the latest developments with the president, and then I'm going to hit the big story.
00:07:00.000And that, of course, is the private run-for-profit Federal Reserve established 104 years ago secretly at Jekyll Island, Georgia.
00:07:09.000Ladies and gentlemen, Trump has openly signaled that he's ready to fire the private head of the Federal Reserve and even reorganize it.
00:07:19.000Mainstream corporate media has said that he doesn't have the power to do it, but I have the Federal Reserve Act in front of me, and I'm going to read to you from it.
00:07:26.000But obviously, if he appoints the head of the Fed, he can remove the head of the Fed, and we the people can abolish this fraudulent organization.
00:07:37.000But remember, the last president that tried to abolish the Federal Reserve got riddled with bullets in Dallas, Texas, Dealey Plaza.
00:07:46.000So let's run through why the establishment's so scared.
00:07:50.000Trump ran on removing troops from our longest war, Afghanistan, and against the Syrian war.
00:07:55.000Now we've basically ended the conflict there that Obama helped start, and the troops are being pulled out.
00:08:01.000Both political parties are now against him and the left have now become rabid pro-war zealots foaming at the mouth.
00:08:08.000The same people who used to show us death counts daily under the Bush era.
00:08:18.000The stock market had more than doubled until they sabotaged it.
00:08:23.000We've seen criminal justice reform, where Hillary Clinton helped get laws passed with Bill tripling sentences for black people over white people, and saying blacks are super predators that need to be brought to heel like dogs.
00:08:36.000Now that that's been signed and passed, the President's getting no credit for it.
00:08:59.000But now let's move to why Trump is for real and why he's in grave danger.
00:09:08.000President Trump He's moving against the private Federal Reserve.
00:09:13.000Hasn't been audited in 104 years, but when it was founded, it was confirmed that over 80% of it was basically European owned.
00:09:21.000So a private banking consortium has hoodwinked the public and the world into believing that it's above the law and no one can audit it and no one can question what it does.
00:09:33.000Well, the other three branches of government are questionable and audible, but it's not even a branch of government, like Federal Ammunition or Federal Express.
00:09:43.000And this is now all admitted and confirmed.
00:09:46.000A hundred years ago it was known, but over time they brainwashed the public where the public didn't even understand this.
00:09:52.000Now, because we've exposed it, We can have a real debate about it.
00:09:58.000But first, let's go to a short minute clip of Alan Greenspan, 10 years ago, during the subprime crisis that the private banks had engineered to consolidate control and get trillions in bailouts for themselves, telling Laird NewsHour that Congress and the President and everyone else cannot even question or say anything, that the Federal Reserve is like God.
00:10:24.000What is the proper relationship, what should be the proper relationship between a chairman of the Fed and a president of the United States?
00:10:33.000Well, first of all, the Federal Reserve is an independent agency, and that means basically that there is no other agency of government which can overrule actions that we take.
00:10:48.000So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't frankly matter.
00:11:07.000And I've had very good relationships with presidents.
00:11:12.000Now, I'm doing my best here to be calm.
00:11:15.000But did you just hear the giant con game, the giant Jedi mind trick that the former head of the Federal Reserve just put out there?
00:11:28.000That no one can question them, no one can investigate them, no one can look into them.
00:11:34.000They are completely above everything, not just above the law, but above investigation, above scrutiny.
00:11:47.000Now, let's look at the facts, because CNN, MSNBC are saying Trump isn't allowed to even talk about firing the head of the private Federal Reserve.
00:11:58.000It's in the Federal Reserve Act that I'll read to you in a moment.
00:12:00.000But first, Trump was right during the campaign.
00:12:05.000And he was right, again, just a few months ago, in the second campaign, in the midterms.
00:12:11.000He said, if you want to plunge the stock market, if you want the regulations back, if you want to kill the recovery, elect the Democrats, because that will signal that they're going to be able to overturn this revolution.
00:12:22.000But he went on to say, the Federal Reserve better not raise interest rates anymore.
00:12:27.000They've already raised it seven times.
00:12:31.000He said, if they do that, it'll tank our economy.
00:12:34.000The Federal Reserve is part of the OECD and the Ex-Im Bank, big international consortiums that basically rig interest rates around the world and other things.
00:12:44.000It's a monopoly over currency, just like OPEC's monopoly over oil and other petrochemicals and derivatives.
00:12:53.000And OPEC Has also, at many levels, been working with the same private Federal Reserve multinational consortium.
00:13:02.000And these groups have agreed to let China have 10% growth rates forever.
00:13:07.000And, it gets worse, 0% interest rates.
00:13:10.000So just remember why Trump is so angry.
00:13:13.000We get higher interest rates, China gets zero.
00:13:16.000All of this is to make China the place to invest.
00:13:21.000So here's this group that thinks it's above the law.
00:13:24.000Dictating to you what they're going to do.
00:13:27.000They've not been audited or investigated over 104 years.
00:13:32.000How Trump could fire Powell and rebuild the Fed.
00:13:37.000And then it says right here, from the Federal Reserve Act of 1913.
00:13:40.000Thereafter, each member shall hold office for a term of 14 years from the expiration of the term of his predecessor, unless sooner removed by cause for the president.
00:13:55.000Unless sooner removed for cause by the president.
00:14:00.000And the president decides with his executive power the cause.
00:14:05.000Back when Obama was president, oh, the left loved all the powers of the presidency.
00:14:09.000But now that Trump's in there, they claim that he can't even trim his toenails without permission from the bureaucracy.
00:14:18.000They're saying it was some reckless move to pull out of Syria and to pull out of Afghanistan when he ran on that.
00:14:23.000The truth is, you have a political consortium that follows a global plan, and presidents have just become ceremonial, and now Trump is no longer being ceremonial.
00:14:35.000And whether you agree with him or disagree with him, this is how the Constitution works.
00:14:39.000This is how this country is supposed to operate.
00:14:41.000And that's why the people that have stolen and usurped our country's destiny are so unhappy because Trump is wresting the wheel of state away from them.
00:16:24.000But as 2018 prepares to unleash its mortal coil and give birth to 2019, We've been proven right.
00:16:33.000That's why we're branded as fake news, that's why we're branded as Nazis, and all this made-up crazy crap by the horrible, deceptive corporate media that's sold out to all these multinational interests, like the Chai Koms and others.
00:16:45.000So, I just want to make the statement again that humanity is awakening, thanks to God and all of your action.
00:16:50.000We are moving the ball down the field against the globalists, and now, more than ever, people have to realize that we're entering the event horizon.
00:16:56.000We've already passed the point of no return, and it's now up to you, InfoWars.
00:17:20.000Michael Savage, Sean Hannity, and myself, and Owen Schroer, and Matt Drudge, and everybody.
00:17:27.000They're trying to take everybody, Gavin McGinnis, off the air right now.
00:17:30.000But none of those guys were ever able to build their own platform except for Drudge.
00:17:34.000That's why you've got to support the InfoWars platform, because this model would mean the death to the globalist program of people being independent.
00:17:40.000InfoWars is the renaissance model, not the conquest model, and it's you that funds it and supports it.
00:17:45.000So, I spread the word, praying for us, and financially supporting us getting great products.
00:17:50.000InfoWarsStore.com, you make it all possible.
00:17:52.000And we have the best deals ever until the end of the year at InfoWarsStore.com.
00:18:12.000And we've seen thousands of prominent voices banned off Facebook, Twitter, YouTube, Google, Instagram in the last two years.
00:18:22.000It all started the day after Hillary Clinton, who outspent Donald Trump 10 to 1 in the 2016 election.
00:18:32.000America was supposed to be all sewed up for the culture war, with the deindustrialization, the demoralization, but it didn't happen the way they'd planned it.
00:18:42.000And so now they've announced Michael Savage, 20-something years on air, number one in his slot nationwide, is having his show canceled and replaced with Ben Shapiro, who's never even had a talk show on the radio.
00:18:55.000Now we see they're trying to take Tucker Carlson off the air.
00:18:58.000Now we see Gavin McGinnis, number one on CRTV, taken down.
00:19:03.000Whoever's number one on their platform is taken down, because that's who the globalists fear is leaders.
00:19:12.000Ladies and gentlemen, there's national campaigns out there to not even let other people post this to YouTube, Twitter, or Facebook, where even our fans can't counter what's happening.
00:19:22.000Look, there's one thing they haven't figured out how to censor yet, and that's hashtags.
00:19:27.000Whether it's Twitter, whether it's Instagram, whether it's Facebook, whether it's YouTube, it leads people back to feeds of information.
00:19:37.000If all of you, when you make a tweet, or send it on Instagram, or even talk to your neighbors, or call in to talk radio, just tell people the way to get around the censorship and break the back of the system is hashtag Alex Jones.
00:19:51.000If everybody starts doing that, it's going to be the shot heard around the world.
00:19:56.000world. Whatever you do, start today with #AlexJones.
00:20:03.000You're listening to The Alex Jones Show.
00:22:01.000And I'll tell you why in just a moment.
00:22:04.000But President Trump had enough, and so he tweeted out today that he's got somebody that's going to be starting effective January the 1st.
00:22:12.000In other words, he's not going to wait for the 60 to 90 days that Mattis said he was going to hang around.
00:22:18.000To make sure, of course, that we had an adult in the room.
00:22:22.000And as one of the reports, Mattis said, this is a guy, when you look at the fact that they called him Mad Dog Mattis, and he bragged about how he wanted to have a plan to kill everybody in the room.
00:22:44.000And of course, if we go back and look at his resignation letter, He's saying things like his core belief is that our strength as a nation is inextricably linked to the strength of our system of alliances and partnerships.
00:22:57.000That is exactly the opposite of what America is about.
00:23:02.000It is enough to make the founders of America spend in their graves, Washington said in his farewell address, to avoid entangling alliances for this very reason.
00:23:13.000And yet he thinks that's our core strength.
00:23:17.000And he goes on to say that we have to do everything possible to advance an international order.
00:23:25.000All of these people who say that they can't spend a little tiny sliver of the budget to defend our country are adamant that we have to defend these alliances.
00:23:38.000Because, see, their loyalty is to these international alliances and to the military-industrial complex, not to America.
00:23:44.000That's the bottom line, folks, that you need to understand.
00:23:47.000It's great that President Trump is finally moving against these people.
00:23:53.000One individual, Matt Purple, said, and the American conservative said, Vladimir Putin is being given credit for all this stuff.
00:24:05.000One headline said somehow he got a double shot of political Viagra and realized that he's got a lot of power that he can use.
00:24:13.000And he's going straight at the centers of power.
00:24:17.000But as Matt Purple said, Vladimir Putin must be a wily one.
00:24:21.000Think about all that he's managed to accomplish over the last 24 hours.
00:24:25.000According to the geopolitical wizards on Twitter, at Putin's behest, President Trump on Wednesday announced the withdrawal of American troops from Syria.
00:24:32.000That's now cleared the path for Russia to exert control over Damascus, the Middle East, indeed the world itself, because Moscow has at last secured the jewel in its neo-conservative, I should say, neo-Soviet empire.
00:24:45.000We're the ones with the neo-conservative empire.
00:24:47.000A strip of chaotic desert in northeast Syria.
00:24:51.000Yeah, it's pretty silly when we look at this.
00:24:54.000And of course, Rand Paul pointed out that we have these armchair generals and, you know, what are we going to do with them?
00:25:02.000We should show them the door just like President Trump did.
00:25:06.000But Rand Paul said this about the armchair generals who want to keep us at war forever.
00:25:22.000If you poll the American people, it's 60-70% of people are ready to get out of Afghanistan, and I'll bet you the same is Syria if you ask the people.
00:25:31.000It's only the people in Washington, the armchair generals, that want to keep us at war forever.
00:25:36.000And people, Americans are tired of it.
00:25:46.000And so President Trump tweeted out this afternoon that starting January the 1st, Mattis is going to be gone.
00:25:51.000We don't need somebody whose loyalty is to an international system of alliances and not to the American people.
00:25:59.000He goes on to say in his resignation letter, Mattis said, the U.S., I agree with you, as I've said from the beginning, the armed forces of the U.S.
00:26:07.000should not be the policemen of the world.
00:26:10.000And then he goes on to talk about NATO and its 29 democracies.
00:27:20.000We're going to have another forever war?
00:27:22.000You'd had the mainstream media, like the Washington Post and the New York Times, releasing the week before that we had troops that controlled one-third of Syria, an area about the size of Louisiana, that they were going to stay there, he said.
00:27:35.000He holds a press conference, Brett McGurk, and said, we're going to be there indefinitely.
00:27:41.000And President Trump had something to say about that.
00:27:45.000And if we go back and we look at how this all began, going back to the Daily Caller, said if we go back a couple of weeks, December the 14th, there was a phone call between President Trump and the Turkish President Erdogan.
00:28:01.000And you had John Bolton standing, sitting there in the White House.
00:28:07.000And so it's supposed to be a call for President Trump to warn Erdogan to back off.
00:28:29.000And then President Trump went off script, and he asked Bolton, according to NBC News, with Erdogan on the line, Trump asked National Security Advisor John Bolton, who was listening in, why American troops remained in Syria, if what the President of Turkey said was true.
00:28:43.000According to officials, Erdogan's point, Bolton was forced to admit, and had been backed up by Mattis, Pompeo, U.S.
00:28:49.000Special Envoy for Syria, Jim Jeffery, and Brett McCurk.
00:28:52.000They all said, yeah, they've only got 1%.
00:29:06.000Our audience, by supporting us, have truly been in the arena.
00:29:10.000That means if you're old, it means if you're young, it means if you're black, white, it doesn't matter.
00:29:14.000If you love freedom and you love justice and you believe in free market capitalism and you believe in the Christian ethos, you believe in Western civilization and you believe in progress, then you are the man and woman in the arena and I salute you As we prepare to close out 2018, I knew that when they deplatformed us in a massive, draconian, concerted, racketeering operation four and a half months ago, that it was about removing Trump's populist, nationalist support base.
00:29:45.000And now we see, in just the last few weeks, Michael Savage is having his show cancelled from three hours to one hour, even though it has record ratings.
00:29:52.000And Ben Shapiro, never been on talk radio, is being given his show, given his audience.
00:29:57.000We see Gab McGinnis being taken off the air for being number one on CRTV, better than Glenn Beck, and others.
00:30:03.000Anyone who truly connects with the people, and who doesn't apologize for America, from our president to yours truly, is being demonized, being sued, being attacked, being taken off the air.
00:30:15.000The globalists are really upset now because they threw everything they had at us in the last few years.
00:30:21.000The shadow banning and the lawsuits, the lies, the attacks, the boycotting of our sponsors, and it didn't work.
00:30:28.000So now with the de-platforming, we're on talk radio, we're on local TV stations, and we're at Infowars.com and Newswars.com with bigger than ever audiences.
00:30:48.000Now, about two weeks ago, George Soros Media Matters funded Combine, erected by U.S.
00:30:55.000intelligence agencies that aren't following Trump's directives.
00:30:59.000He legally began launching operations to lie about Infowars and things we've said and done, and to contact radio stations across the country that we're on and say, Alex Jones is fake news.
00:31:14.000In an attempt to have those stations kick us off the air.
00:31:17.000And they misquote statements from 2013, 2015 and say, he's still doing all this, take him off the air.
00:31:25.000We're talking about digital Nazis, or digital communists.
00:31:29.000Digital authoritarianism is really the proper term.
00:31:34.000And they're doing this because they can't beat us.
00:31:36.000And they know from Brazil, to Germany, to the United Kingdom, to Russia, to Italy, to all over the world, nationalist and populist free market candidates are getting elected.
00:31:48.000People are aware of the one world government plan to abolish our borders, to abolish our families, to make us debt slaves.
00:32:08.000So when you support InfoWars, when you spread our articles and videos, when you buy products at InfoWarsStore.com, you are literally not just supporting InfoWars and free speech, and standing in defiance against Soros and Hillary and the rest of these people, but you are standing for your own future, and your own best shot of having an early warning system in America to stand against these individuals.
00:32:29.000When you order products at InfoWareStore.com, you fund not just an American revolution, but a global revolution against tyranny.
00:32:35.000And we have the biggest specials ever running throughout to the end of the year as part of a total store clearance.
00:32:44.000Every order gets 50 to 75% off in total clearance.
00:32:47.000And that funding allows us to go into the new year on sure footing to fund ourselves throughout the first part of the year to not just fight, but to expand.
00:32:57.000We're on the march, the empire's on the run.
00:33:30.000You know, one of the things that amazes me is how many conservatives are, and people I would typically not think about being neocons, maybe I have to rethink that, are siding with Mattis.
00:33:45.000And as Daily Caller pointed out, it was a conference call going back to December the 14th, where President Trump was talking to the President of Turkey.
00:33:54.000And he was supposed to be telling him to back off for the neocons.
00:33:57.000Instead, as they were talking, Erdogan said, why are you still there?
00:34:03.000ISIS is down to just 1% of what it was before.
00:34:59.000Brett McGurk, this other guy who just quit, knows it.
00:35:01.000And so they spent the following week unsuccessfully trying to turn Trump around.
00:35:08.000As a matter of fact, this other guy who resigned, Brett McGurk, Was the one who had the press conference and said, we're going to be there for an indefinite period of time.
00:35:20.000And that was, I think, an effort to intimidate President Trump, to make him look bad in case President Trump went ahead with that policy.
00:35:29.000This is the way the deep state establishment protects itself.
00:35:32.000They hold press conferences, just like you've seen Rosenstein holding a press conference as President Trump is going off to meet the President of Russia.
00:35:41.000Remember, detente used to be a good thing.
00:35:42.000Detente used to be the easing of strained relations.
00:35:44.000Now they want to do everything they can to strain relations.
00:35:48.000If that means that they can attack President Trump or try to make him look bad.
00:35:52.000And so that's what Rosenstein did with his phony indictments that he released as President Trump was flying to a summit meeting.
00:35:58.000And so that's, I think, what Brett McCurk did.
00:36:00.000Now, Stephen Miller got on Thursday night And he had this to say, one foreign policy blunder after another in Iraq, Afghanistan and Libya has not worked out for our national interest.
00:36:19.000Are we supposed to stay in Syria for generation after generation, spilling American blood to fight the enemies of all those countries?
00:36:25.000Wolf, and he's talking to Wolf Blitzer on CNN, when did the American people sign up to be in every war and every place and every side of every conflict all over planet Earth?
00:36:36.000Well, I guess that goes back to General Mattis' retirement things, as our strength as a nation is linked to our systems of alliances and partnerships, where we have foreign entangling alliances that get us involved in every single conflict.
00:36:48.000Now, you think about the fact, as he pointed out, that Russia and Turkey and Syria are all fighting ISIS, but we've got to stay there, even though they're 99% defeated.
00:36:59.000And then, of course, the mission creep Became that this was about Iran.
00:37:05.000And yet, Iran is the enemy of Israel, the enemy of Saudi Arabia, for certain.
00:37:10.000And if you go into this, of course, there are going to be enemies with Turkey as well, because Turkey doesn't subscribe to the same brand of Islam that they have.
00:37:17.000So all these people are going to be fighting Iran as well.
00:37:21.000President Reagan was right when he pulled us out of Beirut after that bombing.
00:37:30.000Except that you have people like Hillary Clinton.
00:37:33.000Who is now lecturing Trump about empowering ISIS after he wants to get rid of a forever war.
00:37:42.000Remember back in 2013 when Rand Paul asked her, said, you know, quite frankly, I'm glad that you took responsibility for this because I would have fired you if I was president.
00:37:54.000And then she goes on to dump responsibility away from herself.
00:38:23.000And she said, she had the audacity to say in that hearing, well, if you want to know about arms being shipped out of Benghazi to terrorists, you'll have to talk to the agency that was running the annex.
00:38:37.000But Hillary Clinton isn't going to say, you've got to ask the CIA.
00:38:40.000She's clever enough, devious and clever enough to say, ask the agency that was running the annex.
00:38:48.000And when we look at what was happening in the roundup to this, I played on Friday, I played John McCain's clip where he said Hillary and the national security team wanted to arm ISIS and Obama said no and then McCain said he's weak!
00:39:04.000Of course, McCain was meeting with a terrorist.
00:43:24.000They are scared of people that will stand up for their sovereignty and who are territorial.
00:43:29.000Because we have these multinational corporations that have slave factories, literal concentration camps in China, like Apple and others, who see us as weak and stupid, and they have this whole leftist ideology that's meant to basically weaken us and divide and conquer us, but it's not working anymore.
00:43:45.000And the globalists have been able to track back where the main resistance in the last 20 years came from, And that main resistance has been my syndicated radio show, the documentary films we've made that have been seen hundreds of millions of times, and the other news operations that we've set up.
00:44:03.000And that's why we're under such attack, and that's why we can't give up in the face of the globalist onslaught, because we've already launched the Americana movement, the new renaissance, 1776, worldwide.
00:44:20.000That's why the enemy media is always saying we're a hoax, or always saying we're fake, or always saying we're a fraud, because they don't know how to counter something that's the opposite of them.
00:44:30.000When they say we're a hoax or a fraud, they're talking about themselves.
00:44:35.000Ladies and gentlemen, you can see us here in one of our new state-of-the-art studios.
00:44:38.000I was planning by the end of 2018 to be 24 hours a day live.
00:44:43.000And we only launched two new shows in 2018, CounterThink and The War Room, and they do a great job.
00:44:49.000We also, right before that started, launched The Real News with David Knight.
00:44:52.000And we've expanded in the face of the attacks.
00:44:54.000But I really, in the next three or four months, want to be able to go at least 20 hours a day live by the spring.
00:45:00.000And that's going to take major support by you, the audience, to get around the censorship, to get around the boycotts, to get around the globalist lawsuits.
00:45:13.000I need your word of mouth that's unstoppable and overrides the censors.
00:45:16.000And I need you to go to InfoWarsTore.com as we go into the new year where I'm going to extend all the Christmas specials that were the biggest in our history to sell out of all of our products so we don't have to pay inventory tax by January 1st.
00:47:21.000This last week we saw the 72nd anniversary of It's a Wonderful Life and the 105th anniversary of the Federal Reserve created on December the 21st, 1913.
00:47:34.000And I did a report in 2013 called It's a Wonderful Lie, talking about how we were manipulated into having a Federal Reserve.
00:47:40.000You know, everybody's asking, can President Trump fire the Fed Chairman?
00:47:44.000We need to be asking the question why we even have a Fed Chairman in charge of our economy and what they have been doing to us.
00:47:51.000We'll talk a little bit more about that coming up, but I want to play for you.
00:47:55.000It's a Wonderful Lie is done on the 100th anniversary of the creation of the Federal Reserve surreptitiously on that Christmas.
00:48:03.000Over the last 100 years, the Federal Reserve has created bubbles and burst them, enslaved us with debt, and destroyed our purchasing power through inflation.
00:48:12.000Yes, it's been a wonderful lie for the bankers.
00:48:16.000There are striking parallels in Frank Capra's It's a Wonderful Life to the lies and tricks that real bankers used to create the Federal Reserve.
00:48:24.000Human nature doesn't change, and the greedy elite of 1913 and 2013 look and act a lot like Potter, the banker in the movie.
00:48:33.000And many Americans are left like George Bailey, staring into the abyss as their dreams collapse and they face financial ruin.
00:48:40.000Do we live in a country that looks a lot more like Pottersville than Bedford Falls?
00:48:43.000What does Frank Capra's film show us about how we got here and how we can get out?
00:48:49.000When the Federal Reserve was created two days before Christmas 100 years ago, it was a culmination of six years of fraud, fear, and manipulation.
00:48:57.000I've never really seen one, but that's got all the earmarks of being a run.
00:49:00.000The panic of 1907 was used to shape public support for the Fed.
00:49:05.000The panic was triggered by rumors that two major banks were about to become insolvent,
00:50:10.000warned people at the time of the creation of the Federal Reserve that it would not stop booming bus cycles, but would actually create them in order to benefit its private owners.
00:50:20.000To cause high prices, all the Federal Reserve Board will do will be to lower the re-discount rate, producing an expansion of credit and a rising stock market.
00:50:28.000Then, when businessmen are adjusted to these conditions, it can check prosperity in mid-career by arbitrarily raising the rate of interest.
00:50:34.000It can cause a pendulum of a rising and falling market to swing gently back and forth, or cause violent fluctuations by greater rate variation.
00:50:42.000And in either case, it will possess inside information as to the financial conditions and advanced knowledge of the coming change, either up or down.
00:50:51.000This is the strangest, most dangerous advantage ever placed in the hands of a special privileged class by any government that ever existed.
00:50:58.000The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money.
00:51:05.000They know in advance when to create panics to their advantage, and they know when to stop panic.
00:51:10.000Inflation and deflation work equally well for them when they control the finance.
00:51:15.000As we see in the movie, not all lending institutions have the same motivations.
00:51:20.000Now you take this loan here to Ernie Bishop.
00:51:24.000You know, that fellow that sits around all day on his brains in his taxi, you know?
00:51:30.000I happen to know the bank turned down this loan.
00:51:33.000But he comes here, and we're building him a house worth $5,000!
00:51:58.000A discontented, lazy rabble instead of a thrifty working class.
00:52:04.000As a former FDIC chair said, all too often the large banks use their models and their algorithms, and if you don't fit in their boxes, you don't get the loan.
00:52:12.000And Dodd-Frank legislation is tying the hands of small lenders, shutting out buyers, and shutting down lenders.
00:52:17.000Today, there are fewer lenders than at any time the government has kept records.
00:52:21.00010,000 banks disappeared between 1984 and 2011.
00:52:23.000This town needs this measly one-horse institution, if only to have some place where people can come without crawling the potter.
00:52:35.000If it hadn't been for you... Yeah, if it hadn't been for me, everybody would be a lot better off.
00:52:44.000My wife and my kids and my friends and my... Look, little fella, why don't you go off and haunt somebody else?
00:52:49.000Yeah, so you still think killing yourself would make everyone feel happier, eh?
00:53:43.000Doesn't it make them better customers?
00:53:44.000But whether it's the Trans-Pacific Partnership or a global carbon tax, the global elite don't see you as a stakeholder.
00:53:51.000They want to turn us all into serfs and treat us like cattle.
00:53:55.000Just remember this, Mr. Potter, that this rabble you're talking about, they do most of the working and paying and living and dying in this community.
00:54:02.000Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath?
00:55:10.000Even if George had saved a lot of Decades later, by even the government's very conservative estimate of inflation, the dollar has lost 90% of its value since 1947, when the movie was made.
00:55:25.000The Fed's deliberate inflation is devastating to anyone trying to accumulate wealth through hard work and saving.
00:55:31.000So what is the answer to all the George Baileys out there a hundred years after the government gave control of our money supply to private bankers like Potter?
00:55:39.000Well, Potter had more money than he could spend.
00:55:42.000But would any of you want to be Potter?
00:55:44.000You sit around here and you spin your little webs and you think the whole world revolves around you and your money.
00:57:27.000For the InfoWars Nightly News, I'm David Knight.
00:57:32.000And again, if you want to see that, or pass that around, you'll find it on our BitChute and Brighteon channels, because that was the very first thing that YouTube took down.
00:57:41.000You don't talk about the Federal Reserve without having them take you off and deplatform you.
00:58:42.000They want to be omnipresent and surveil everything we do.
00:58:45.000They want us to take microchips and digital barcodes to buy and sell.
00:58:50.000So as we prepare to close out 2018, just remember, this life is a test.
00:58:59.000And those of you that have been listening and watching and taking action, the victories of populism and nationalism and Christianity coming back from the dead and recognizing it's being persecuted, that's all because you are the core.
00:59:11.000Listening to M4 wars around the world, the eyes and ears of liberty, that were immune or at least resistant to the globalist programming.
00:59:21.000Everybody knows, who studies this, that it's Christians, real Christians, who tend to Be immune to the globalist brainwashing, and you tend to see it, and that's why they're trying to eradicate you.
00:59:32.000But regardless, this fight is intensifying.
01:00:56.000And that's exactly what it means to fire somebody for cause.
01:00:59.000And we're going to talk a little bit in detail about what that clause about firing for cause actually means in the Federal Reserve Act that was surreptitiously enacted late at Christmas as most of the people had gone home.
01:01:14.000Now we have a lot of action that is taking place in Washington, and yet I want to give you, before we Get back into that.
01:02:02.000And I said, you know, do you remember when, I tweeted this out on Libertarian, if you want to follow me on Twitter, that's my handle, Libertarian, not Libertarian, but Libertitarian.
01:02:11.000I said, remember Obama's very first White House Christmas?
01:02:14.000Everybody's freaking out about Melania Trump having red artificial Christmas trees or whatever as a style choice.
01:02:22.000But they were bending over backwards to defend President Obama on his very first Christmas, December 2009, when he had ornaments that celebrated Mal and transgenders.
01:02:36.000And of course what they did was they picked a guy who was already a controversial figure.
01:02:41.000He was a creative director of Barney's New York.
01:02:47.000And he had things that he would put up for displays.
01:02:50.000Things like a Christmas window display of Margaret Thatcher as a dowdy dominatrix.
01:02:55.000Dan Quayle as a ventriloquist dummy and so forth.
01:02:58.000So who would you go to to do your Christmas decorations but somebody like that?
01:03:02.000And what he came up with was Mal Christmas decorations.
01:03:08.000But also he put up an ornament of a legendary transvestite.
01:03:15.000And just, you know, we're not supposed to be concerned about that.
01:03:18.000And so I said, you know, when you look at this and you look at Michael Moore, you know, it was okay to celebrate Mao on Christmas.
01:03:23.000It's okay to celebrate that other Marxist who has stood tirelessly to kill as many babies as possible as we celebrate the Nativity.
01:03:34.000You can put somebody up there who has presided over the murder of children.
01:03:39.000And I said, you can't find three wise men, or women for that matter, in the entire Democrat Party.
01:03:45.000And it also tells you what their religion is, doesn't it?
01:03:49.000Their religion is to worship government.
01:03:54.000I also said, in China, you've got President Xi who demands that inside a church building, if they put up a crucifix, he demands that there be a picture of Mao.
01:04:06.000He'd take it from Obama's Christmas tree.
01:04:08.000No, you have a crucifix in your Chinese church, you have to have on one side a portrait of Mao and on the other side a portrait of President Xi.
01:04:16.000But here, the useful idiots, like Michael Moore, worship government voluntarily.
01:04:23.000They worship these authoritarians voluntarily.
01:04:26.000You know, we had the first ever Arctic bank robbery they put out.
01:04:31.000And I thought, is this climate change?
01:09:41.000He spent more money than anybody's ever spent to get elected to statewide office here in Texas.
01:09:47.000And then he spearheaded the move along with the federal TSA to shut that down in the Senate here in Texas.
01:09:53.000But as they were doing that and threatening to turn Texas into a no-fly zone, they also had internal memos that said there is no threat to airports or to airplanes.
01:10:17.000And they left it up there for a while and we saw that and we reported it here at InfoWars.
01:10:22.000We're the only news outlet that reported that.
01:10:23.000Nobody else wanted to report what they wanted to cover up because they put that up for a while and then they took it down and they replaced it with their redacted version.
01:10:31.000So we snapshotted both of those and said, oh, here's what they don't want you to know.
01:10:36.000They don't want you to know that there is no threat.
01:10:49.000Instead of the big expensive machines that are going to bombard you with x-rays or the people are going to sexually harass you to travel.
01:10:56.000No, you could have air marshals, undercover agents, and now they're going to basically blow their cover by saying they must sit in the back of the plane.
01:11:05.000Why don't they just put a little sign around their neck?
01:12:00.000Paul Gate, 47, and his wife Elaine Kirk, 54, spent more than 36 hours being quizzed by detectives over the device that brought Gatwick Airport to its knees.
01:13:11.000President Trump has done the right thing, but President Trump needs to understand he doesn't even, he has more power than he even recognizes at this moment.
01:13:19.000President Trump and White House Secretary Sarah Sanders have both now said, why is it that we can protect other countries, but we can't protect our borders?
01:13:27.000They're getting very close to the answer.
01:13:30.000The answer is that there is no problem.
01:13:33.000You have the authority and the duty to protect our country at the border, President Trump.
01:13:39.000And you don't need the permission of any judges to do it.
01:13:41.000You don't need funding from the Mexican government to do it.
01:13:46.000And you don't need funding even from the Congress to do it.
01:14:23.000We didn't have that vote under the Constitution.
01:14:25.000So all the people saying that President Trump can't do this legally at the border because of posse comitatus or some other imagined legal obstacle to that.
01:14:34.000Posse comitatus is about using the military as law enforcement in our country against our citizens.
01:14:43.000This would be used to keep people who are not our citizens out of our country.
01:14:47.000Because once they get in the country, They then become the wards of the activist federal judges.
01:14:55.000And President Trump needs to understand that he has both the authority and the duty to protect our border.
01:15:01.000And that means using the military, using military expenditures to build the border, to build the wall, if necessary.
01:15:10.000Once the people come across, they said, all right, we're not going to separate families.
01:15:13.000If somebody says that this is their child, we don't know.
01:15:16.000We don't have any papers or any way to get any information about them.
01:15:19.000So instead of separating them, we'll keep them together for a while until we can do some DNA testing or do something to try to determine who these people are.
01:15:28.000They just showed up without any papers at our doorstep, wanting to be our dependents.
01:15:54.000Mocking the people who are donating to this GoFundMe wall.
01:15:59.000If our elected representatives won't fund it, we'll fund it ourselves.
01:16:02.000Tucker Carlson The number two talk show host in the country on television, and who is a patriot and a very smart guy, is being Alex Jones right now in front of all of us.
01:16:16.000They're building a straw man, demonizing him, lying about him, taking things out of context, so they can then take him off the air and then really start to run him into the ground.
01:16:28.000In fact, it came out just a few months ago that in the internal Google documents, where they said ban Alex Jones, they also said ban Tucker Carlson.
01:16:38.000And I could already see, once they deplatformed me, that they began to focus in on Tucker Carlson, that's why.
01:16:45.000Talking to him off air, I've warned him.
01:16:47.000I told him four months ago, I said, you are next.
01:16:50.000He was already, obviously, covering all that on air.
01:16:54.000And it's because he's got such credibility that the establishment is attacking him.
01:16:58.000But let's look at what they're attacking him for.
01:17:03.000He said that they create this national guilt that America is this evil, racist place, when we've been the most open nation to immigrants the world's ever seen.
01:17:11.000In the days of Ellis Island, you would be held for three to six months, everybody, to make sure you didn't have any serious diseases.
01:17:19.000But today we have George Soros and the UN and others that openly fund huge caravans coming into Europe and the U.S.
01:17:26.000Where people show up with cholera, and leprosy, and drug-resistant TB, and hundreds of other horrible infectious diseases, and we're told, don't even screen them, let them into the country, and then, under Obama, let them be child-trafficked.
01:18:14.000Lou Dobbs was taken off the air because he was number one, because he was telling the truth that he was a patriot.
01:18:19.000Now he's relegated to Fox Business with maybe a million viewers.
01:18:23.000And Tucker Carlson is next, and then Sean Hannity.
01:18:26.000People debate all the time about mass immigration.
01:18:30.000What you never hear anybody do is make the economic case for mass immigration.
01:18:36.000It's obvious that we need more scientists and skilled engineers, but that's not what we're getting.
01:18:40.000Instead, we're getting waves of people with high school educations or less.
01:18:45.000It's indefensible, so nobody even tries to defend it.
01:18:48.000Instead, our leaders demand that you shut up and accept this.
01:18:51.000We have a moral obligation to admit the world's poor, they tell us, even if it makes our own country poorer and dirtier and more divided.
01:18:59.000So if you import the third world, you are making it more poor, more dirty, more divided.
01:19:05.000Just like Democrat-controlled cities have feces everywhere, and needles, and the highest crime in every case.
01:19:11.000Same thing with socialist countries overseas.
01:19:13.000Because it's a system of dependency that they create.
01:19:18.000So if Tucker Carlson's guilty of anything, it's for not going far enough.
01:19:22.000It doesn't just make our cities dirtier and poorer and more divided, it makes them more dangerous.
01:19:26.000Where San Francisco jury is letting an illegal alien that shoots a woman in the back go, because, well, she's white, we have to virtue signal.
01:20:39.000He said we spend more money on sugar subsidies than we're asking for this.
01:20:45.000And when you look at the total amount, as I mentioned, we spend four trillion dollars on the budget.
01:20:51.000Five billion dollars is less than one-eighth of one percent.
01:20:57.000So if you've got a dollar to spend, that's one-eighth of a penny, if you want to think of it that way.
01:21:02.000But there's many other different ways that you can think about this.
01:21:04.000I mean, we've got, as Daily Caller points out, the government lost more money bailing out General Motors than is being asked for for the wall.
01:21:15.000According to a 2014 Special Inspector General report, American taxpayers took an $11.2 billion loss on its bailout of General Motors.
01:21:25.000That's more than twice as much as they're asking for the wall.
01:21:28.000After the automaker declared bankruptcy in 2009, the government invested $49.5 billion in the company with a 61% equity share.
01:21:37.000Over time, GM's stock price dropped and despite selling back shares, the U.S.
01:21:42.000government took these multi-billion dollar losses, over $11 billion.
01:21:46.000Now, of course, General Motors was bragging about the fact That they had paid back all that money with interest.
01:22:24.000Especially if you've got a credit card this time of year.
01:22:25.000You're going to be paying probably anywhere from 15 to 25% interest and they may go up on that if they say that you represent a credit risk to them.
01:22:36.000Yeah, if somebody in your family gets sick and you have a health issue and they say, oh, your credit rating just went down, so we're going to go up on your credit card rate.
01:22:44.000Yeah, we do live in Potterville, don't we?
01:22:50.000And I think like George Bailey, we need to say we shouldn't have to go crawling to the Federal Reserve, crawling to Congress in order to live our lives or to grow our economy.
01:23:00.000And yet that's exactly what they're telling us.
01:23:01.000We're going to tell you why President Trump can and should fire The Fed Chair.
01:23:59.000Now I think the icing on the cake for me came when Jimmy Kimmel started making fun of the people who said, alright, Congress, we have voted multiple times for these sellouts like Mitch McConnell and John Cornyn.
01:24:13.000Who refused to pass the money just a little bit of this.
01:24:18.000I mean, we're talking about a situation where it's 215 miles is all.
01:24:24.000And half of that has already got a fence there.
01:25:34.000What I don't like about it is that Elon Musk's business model and his engineering idea is a great idea, quite frankly.
01:25:42.000But his business model is always based on government subsidies from you and I and on monopolies.
01:25:52.000And as you saw, the CBS reporter driving through that tunnel with them, and she was all excited about, oh, look at how fast this thing is going.
01:25:58.000It seemed real fast to her because it was very enclosed.
01:26:01.000They were only going 15, 20 miles an hour.
01:26:05.000But as she's talking to him, he said, well, you're going to have to have this on autopilot to make sure you don't collide with others.
01:26:10.000So all the cars will have to have my autopilot.
01:26:31.000You have to have something like that, because you have to go vertical, as he pointed out.
01:26:37.000He said, look, we're traveling in a two-dimensional space, but we're living in a three-dimensional space.
01:26:43.000And the cities, they can't build the roads out, and they couldn't build the buildings out either, so they built the buildings higher and higher.
01:26:50.000But they won't build the roads higher and higher.
01:26:52.000That's what he's talking about, a two-dimensional space.
01:26:55.000If you go back and you look at envisioning the future that they would have back in the 20s and 30s, the early movies of that, they would show skyscrapers everywhere.
01:27:15.000The only transportation infrastructure we're going to have now is going to be funded by billionaires who then have monopoly control of our system.
01:27:23.000The government no longer wants to provide infrastructure.
01:27:27.000Just like we see with this attitude about the border.
01:27:31.000They don't want to do anything to serve us.
01:27:33.000It's all self-serving about their interests.
01:27:37.000And they will let the billionaires control everything that you do, they will be running the
01:28:04.000But it is a fascist economic model, where the government becomes increasingly more of a police state, a surveillance state, not interested with building infrastructure.
01:28:15.000That will be owned and built by their crony capitalist friends, like Elon Musk or Jeff Bezos.
01:29:24.000They are scared of people that will stand up for their sovereignty and who are territorial.
01:29:29.000Because we have these multinational corporations that have slave factories, literal concentration camps in China, like Apple and others, who see us as weak and stupid, and they have this whole leftist ideology that's meant to basically weaken us and divide and conquer us, but it's not working anymore.
01:29:45.000And the globalists have been able to track back where the main resistance in the last 20 years came from, And that main resistance has been my syndicated radio show, the documentary films we've made that have been seen hundreds of millions of times, and the other news operations that we've set up.
01:30:03.000And that's why we're under such attack, and that's why we can't give up in the face of the globalist onslaught, because we've already launched the Americana movement, the new renaissance, 1776, worldwide.
01:30:20.000That's why the enemy media is always saying we're a hoax, or always saying we're fake, or always saying we're a fraud, because they don't know how to counter something that's the opposite of them.
01:30:30.000When they say we're a hoax or a fraud, they're talking about themselves.
01:30:35.000Ladies and gentlemen, you can see us here in one of our new state-of-the-art studios.
01:30:39.000I was planning by the end of 2018 to be 24 hours a day live.
01:30:43.000And we only launched two new shows in 2018, CounterThink and The War Room, and they do a great job.
01:30:49.000We also, right before that started, launched The Real News with David Knight.
01:30:52.000And we've expanded in the face of the attacks, but I really, in the next three or four months, want to be able to go at least 20 hours a day live by the spring.
01:31:01.000And that's going to take major support by you, the audience, to get around the censorship, to get around the boycotts, to get around, you know, the globalist lawsuits.
01:31:13.000I need your word of mouth that's unstoppable and overrides the censors.
01:31:16.000And I need you to go to infowarestore.com as we go into the new year where I'm going to extend all the Christmas specials that were the biggest in our history to sell out of all of our products so we don't have to pay inventory tax by January 1st.
01:31:29.000Everything is We've got new shipments coming in in February.
01:31:32.000We're going to be sold out of a lot of products until February because folks have been coming through.
01:31:36.000But a lot of these products we're selling at below cost.
01:31:38.000You get store-wide free shipping, a free t-shirt, 50 to 75% off, and double Patriot points on your next order to the 5%, 10% on each dollar.
01:31:46.000These are our biggest deals ever because we're also coming online with a new sponsorship model to augment our sales direct so there's no way the globalists can shut us down.
01:31:55.000We aren't just going to continue to fight.
01:31:57.000We're going to win thanks to your steadfast prayer and financial support.
01:33:38.000You know, on Thursday we had Jimmy Kimmel along with Stephen Colbert.
01:33:44.000He seems to be, these two guys, are the Democrat Party's court jesters.
01:33:51.000And they're not really funny, but they are partisan and they are weaponized propaganda.
01:33:57.000They follow the rules for radicals set up by Saul Alinsky.
01:34:00.000One of those rules was that ridicule is the most powerful way to attack somebody, because as Alinsky said, there's no answer to it.
01:34:09.000So what you do is you ridicule people.
01:34:12.000And Jimmy Kimmel was ridiculing the people who wanted to have the wall built.
01:34:16.000You know, we have had multiple elections where we've had people like Mitch McConnell and John Cornyn tell us, yeah, we're going to protect the border.
01:34:25.000Or Paul Ryan, even though we know that Paul Ryan's been open borders all of his political career, he'll still campaign on getting control of immigration.
01:34:35.000And they lie to us, time and time again.
01:34:38.000And then we have the Supreme Court coming up with more rulings on Friday, saying that President Trump cannot stop illegal aliens at the border.
01:34:47.000The only thing that's going to stop them, folks, is some kind of a physical barrier.
01:34:51.000So the American people, especially one individual, Brian Kolfagi, I think is the way you pronounce his name, he was the triple amputee, lost three limbs in Iraq.
01:35:04.000And he had a conservative blog or some kind of publication on Facebook.
01:35:11.000And they had encouraged him to spend money promoting it.
01:35:14.000He had spent over $300,000 at Facebook's urging to promote his conservative organization.
01:35:20.000And then they just terminated him without any explanation.
01:36:13.000They're going to use clowns like Jimmy Kimmel, who said this.
01:36:17.000He said the twist in all of this, and the government shut down and so forth, is that the president might not need Mexico or Congress to pay for the wall at all, because there's some very dopey people ready to pay for it themselves.
01:36:30.000And he talks about the GoFundMe campaign to the point he was mocking it.
01:36:34.000It was only $9 million, but he said, a more useful thing to do with your money would be to go outside and feed it to a bird.
01:36:41.000But you do have to admire the sacrifice that they're making.
01:36:43.000I mean, a lot of these people are dipping into their meth money for this.
01:36:49.000And on top of all that, Trump's Secretary of Defense, General Mattis, surprised everyone and resigned today, is what he said.
01:36:54.000So, that is Jimmy Kimmel's take on all this.
01:36:58.000Now, Ted Cruz is saying President Trump is not going to capitulate over this $5 billion demand.
01:37:05.000As I said before, the sad thing about this is that with the inefficiency, the corruption, and the overspending and overengineering that is endemic to our government anymore, it's basically paralyzed when it comes to infrastructure.
01:37:20.000We can't build the infrastructure, not only because we're spending so much money to destroy the infrastructure of other countries and undeclared wars, and rebuilding their infrastructure before we build ours, but it's also because we are so grossly inefficient at what we do.
01:37:33.000I seriously doubt That if we go in and try to rebuild some of the infrastructure in Iraq or Afghanistan that we're paying the kind of money that we're paying for this wall.
01:38:34.000Let's open Washington and keep the border open at the same time.
01:38:37.000We're not going to... Well, close them both.
01:38:39.000John Cornyn said Trump's demand to end the filibuster reflects, quote, a desire for immediate gratification without regard for long-term consequences.
01:39:48.000But of course, Mitch McConnell shut it down.
01:39:52.000And so as we, the other thing that happened on Friday, later on Friday, we had the Supreme Court, you had John Roberts joining the liberal colleagues on Friday to rule that President Trump cannot stop illegal alien invasion, as the New American pointed out.
01:40:08.000In a two-sentence order, joined by Chief Justice John Roberts, who was appointed by Bush, The man who twice helped to rescue Obamacare, that's unconstitutional.
01:40:19.000The court blocked the administration's attempt to stop illegal aliens from simply claiming asylum.
01:40:25.000Now, any illegal alien who crosses a border can apply for asylum and the U.S.
01:40:28.000government can't refuse to hear his case.
01:40:31.000And so this is why you have to have a physical border to keep that from happening, to keep them in their country.
01:40:38.000That's why using the military to keep them in their country is not a violation of posse comitatus.
01:40:45.000It is a violation of the promise to defend our country not to use the military to do this.
01:40:51.000You're keeping foreign citizens in their country.
01:40:55.000You're keeping them from entering the country.
01:40:57.000You're not using the military for law enforcement against American citizens inside the country.
01:41:02.000You're keeping them from coming into the country.
01:41:06.000That is the very thing that the military should be used for.
01:42:05.000We've got a big welfare magnet to take care of them.
01:42:07.000And we've got a Supreme Court that says that President Trump can't stop that.
01:42:11.000Now, President Trump needs to understand, as he's taking on the presidential mantle this week, he needs to understand that he has the authority under the Constitution to do this and they can't stop him from doing that.
01:42:27.000We have the example of Andrew Jackson who told the Supreme Court, you've made your decision, let's see you enforce it.
01:42:36.000And that's what President Trump needs to tell the Supreme Court and especially all of these federal judges.
01:42:42.000There's absolutely nothing in the Constitution that gives every single federal judge the power of veto.
01:42:50.000To stop the president from doing his constitutionally delegated, specifically delegated power to protect our borders.
01:43:05.000Our audience, by supporting us, have truly been in the arena.
01:43:09.000That means if you're old, it means if you're young, it means if you're black, white, it doesn't matter.
01:43:13.000If you love freedom, and you love justice, and you believe in free market capitalism, and you believe in the Christian ethos, and you believe in Western civilization, and you believe in progress, then you are the man and woman in the arena, and I salute you As we prepare to close out 2018.
01:43:28.000I knew that when they deplatformed us in a massive, draconian, concerted, racketeering operation four and a half months ago, that it was about removing Trump's populist nationalist support base.
01:43:45.000And now we see, in just the last few weeks, Michael Savage is having his show cancelled from three hours to one hour, even though it has record ratings.
01:43:52.000And Ben Shapiro, never been in talk radio, is being given his show, given his audience.
01:43:57.000We see Gab McGinnis being taken off the air for being number one on CRTV, better than Glenn Beck, and others.
01:44:03.000Anyone who truly connects with the people and who doesn't apologize for America, from our president to yours truly, is being demonized, being sued, being attacked, being taken off the air.
01:44:14.000The globalists are really upset now because they threw everything they had at us in the last few years.
01:44:20.000The shadow banning and the lawsuits, the lies, the attacks, the boycotting of our sponsors, and it didn't work.
01:44:27.000So now with the deplatforming, we're on talk radio, we're on local TV stations, and we're at Infowars.com and Newswars.com with bigger than ever audiences.
01:44:47.000Now, about two weeks ago, George Soros Media Matters funded Combine, directed by U.S.
01:44:55.000intelligence agencies that aren't following Trump's directives.
01:44:59.000He legally began launching operations to lie about Infowars and things we've said and done, and to contact radio stations across the country that we're on and say, Alex Jones is fake news.
01:45:13.000In an attempt to have those stations kick us off the air.
01:45:17.000And they misquote statements from 2013, 2015 and say, he's still doing all this, take him off the air.
01:45:24.000We're talking about digital Nazis, or digital communists.
01:45:28.000Digital authoritarianism is really the proper term.
01:45:33.000And they're doing this because they can't beat us.
01:45:36.000And they know from Brazil, to Germany, to the United Kingdom, to Russia, to Italy, to all over the world, nationalist and populist free market candidates are getting elected.
01:45:47.000People are aware of the one world government plan to abolish our borders, to abolish our families, to make us debt slaves.
01:46:07.000So when you support InfoWars, when you spread our articles and videos, when you buy products at InfoWarsStore.com, you are literally not just supporting InfoWars and free speech and standing in defiance against Soros and Hillary and the rest of these people, but you are standing for your own future and your own best shot of having an early warning system in America to stand against these individuals.
01:46:28.000When you order products at InfoWareStore.com, you fund not just an American revolution, but a global revolution against tyranny.
01:46:34.000And we have the biggest specials ever running throughout to the end of the year as part of a total store clearance.
01:46:43.000Every order gets 50 to 75% off in total clearance.
01:46:47.000And that funding allows us to go into the new year on sure footing to fund ourselves throughout the first part of the year to not just fight, but to expand.
01:46:56.000We're on the march, the empire's on the run.
01:47:28.000Before we get into why President Trump should, of course, fire The Fed's Chair Powell and how he has the authority to do that before we get into that and take a look at what's really involved here.
01:47:40.000And I also want to talk about LeBron James' comment about the old white NFL owners have a slave mentality.
01:47:47.000I'm going to tell you who the real slaves in this equation are.
01:47:50.000It's not the millionaire players out there, of course.
01:48:04.000But before we get to that, before we talk about the Fed, I just want to remind you of the sales that we have at Infowarsstore.com right now.
01:48:10.000We have brought back all of our 12 Days of Christmas specials, the 24-hour specials that we had, just like the song.
01:48:46.000Free shipping, double Patriot points, free t-shirt with every order, and 50 to 75% off the items that are at the store.
01:48:54.000So take a look at what we've got at InfoWarsStore.com, folks.
01:48:56.000This is a great opportunity to support InfoWars, to support the First Amendment, to support your health and preparedness and that of your family.
01:49:05.000A lot of the things that we give at Christmas time are things just for momentary fun, but as we look at the new year and as people start to think about their health, this is a good time to educate your friends and family about how important it is to take care of their health.
01:49:19.000We have a lot of very good natural products that will help you with that.
01:49:23.000Let's take a look quickly now about this Fed issue.
01:49:25.000Of course, we had President Trump, as Bloomberg was reporting over the weekend, had discussed firing Federal Reserve Chairman Jerome Powell.
01:49:35.000Four people familiar with the matter said, yeah, he's talking about this.
01:49:38.000This isn't something that just came up, but this is something that was talked about more this week than it has been in the past.
01:50:26.000And now we have them trying to walk this back.
01:50:29.000Even though they said that the president has talked privately, according to people that were familiar with the matter, four people they had talked to, Bloomberg said.
01:50:38.000He talked privately about firing Powell many times the past few days, said two of the people.
01:50:43.000They said any attempt by Trump to push out Powell would have a devastating ripple, undermining investors' confidence in the central bank's ability to shepherd the economy without political interference.
01:51:15.000The Federal Reserve Act says that governors may be removed for cause by the president.
01:51:21.000And then they go on to whine about the separation of politics from monetary policy.
01:51:24.000You know, this wall of separation, like we have church and state or something, which is not in the Constitution.
01:51:29.000And when Jefferson said that, he meant a wall around the government to keep them out of the church, not the other way around.
01:51:35.000Nevertheless, the separation of politics from monetary policy is supposed to instill confidence that Fed officials will do what's right for the economy on the long term, rather than bend to the short-term whims of a politician.
01:51:48.000So, how have they been doing in terms of managing the economy, folks?
01:51:54.000I mean, look at the Great Recession that we had 10 years ago.
01:51:57.000And then they turned around and did exactly the same thing again.
01:52:01.000China is allowed to have 10% a year growth for 40 years.
01:52:41.000Why is it that China can grow three to four times as fast as we can?
01:52:47.000In the same way that they're allowed to have tariffs that are ten times what our tariffs are on their products coming into our country.
01:52:52.000And when President Trump says, alright, you're going to either lower those tariffs or I'm going to raise our tariffs to your level, they say, look at what Trump is doing!
01:53:34.000And then on December the 14th, 2016, after President Trump was elected on November the 8th, This article from Fortune said Janet Yellen and the Fed rise interest rates for the first time in 2016.
01:53:46.000At that time, they said they're going to raise it by a quarter of a percentage point to a half a percent, between a half a percent and three quarters of a percent.
01:54:35.000As Gateway Pundit pointed out, The Fed and Jerome Powell have increased annual U.S.
01:54:41.000debt by half a trillion dollars just in the interest payments by raising these interest rates from a half a percent to two and a half percent.
01:54:50.000It's a hundred times what President Trump wants for the wall.
01:54:53.000So they can't find five billion dollars to pay for the wall.
01:54:57.000But supposedly, you know, we can have welfare payments that are going to pay for all the immigrants who come in.
01:55:03.000And we have interest rates that have been raised, so that's going to be another $500 billion more that we have to pay to service that interest rate.
01:55:13.000Is that something that would fall in the category of firing the Fed for cause?
01:56:21.000If we take a look at what this means, termination for cause, according to the U.S.
01:56:27.000legal website, it refers to the expiration of a contract when one side fails to act in the terms of the contract.
01:56:34.000Termination for cause can result from work not being done or being done incorrectly.
01:56:38.000Do you think that wiping out $4 trillion of equity in the stock market, one-sixth of the stock market, do you think that that's doing your work correctly?
01:56:48.000Or is that something that President Trump could fire them for?
01:56:52.000Does it look like they're incompetent or malicious?
01:57:50.000And I want to wish everybody a Merry Christmas.
01:57:52.000Many of you watching or listening have either been completely banned off social media or you have been censored.
01:58:02.000And we've seen thousands of prominent voices banned off Facebook, Twitter, YouTube, Google, Instagram in the last two years.
01:58:12.000It all started the day after Hillary Clinton, who outspent Donald Trump 10 to 1 in the 2016 election.
01:58:22.000America was supposed to be all sewed up for the culture war.
01:58:26.000With the deindustrialization, the demoralization, but it didn't happen the way they'd planned it.
01:58:32.000And so now they've announced Michael Savage, 20-something years on air, number one in his slot nationwide, is having his show canceled and replaced with Ben Shapiro, who's never even had a talk show on the radio.
01:58:45.000Now we see they're trying to take Tucker Carlson off the air.
01:58:48.000Now we see Gavin McGinnis, number one on CRTV, taken down.
01:58:53.000Whoever's number one on their platform is taken down, because that's who the globalists fear is