Wednesday, May 23, 2012
Peter joins the show today discussing the nature of the constitution and John talks about the end of our so-called "government"
“Accumulate, don’t speculate” says Andrew in this edition of the Real World of Money. And the World of Money is getting stranger by the day.
Today’s topics included:
-According to the Volkner Rule, bad on JP Morgan. Nothing here,move along.
-Andrew paints a picture of why the silver bulls who have argued that big daily moves up are possible, why it could happen
-The fall tsunami is coming. Déjà vu all over again. Listen to some of our spring 2008 shows in the archive section.
-It is necessary to understand “Words of Art” in understanding what is really going on in the EU and the Euro
-The CBO argues, in code, how taking away the money punch bowl will be disaster for the economy
-All government employees make up big percentage of U.S. GDP
-All Central Banks are buying their own debt with newly created money
-Are the reports of bank runs in Greece and Spain credible?
-“10% never lent, never spent each month”, says Andrew Gause
-What was the currency act of 1696?
-Why doesn’t the ECB just print the Euros and buy Greek debt? The answer may shock you, or not
-The dollar’s reserve currency status is the deal. What backs the U.S. Dollar? F-16’s and Marines
-The money supply doesn’t even matter anymore
-How much is the FDIC on the hook for during a banking collapse? Is your CD safe?
-Buying Sovereign debt bonds is tricky business these days
-Analyzing the 650 Billion spent in Afghanistan since 2001? Do you want your money back?
-Words of art and The Euro Bond
-The story of Facebook Friday
-Andy suggests, “Tragedy and Hope” as good summer reading
-Ireland considering telling the boys to pound sand
-The ins and outs of the drivers license and birth certificate
Patrick Timpones One Radio Network archive:
|Guests:||Peter Schiff, Paul McGuire, Lindsey Williams, John Truman Wolfe|
In separate hours, three guests addressed future and current economic crises. First, global financial strategist Peter Schiff argued that the crisis of 2008 is nothing compared to what is coming. The government stimulus programs have made the situation worse, in that they prevent free market forces from correcting the situation, he commented, adding that the real problem with the US economy is that interest rates are too low. These low rates contribute to economic structural problems, he explained-- we borrow and spend too much, and we don't invest or save enough. If we keep the rates low indefinitely, we're going to completely destroy the dollar, which will unleash a far worse crisis than if we actually dealt with the problem, he continued. Schiff favors an overhaul of Social Security (which he called a kind of Ponzi scheme)-- no benefits should go to the wealthy, and further, everyone expecting something from government should take less, he said.
Former senior banking officer John Truman Wolfe discussed how the current world economic crisis is an intentional coup designed to take down the U.S. dollar. He cited the International Monetary Fund and the World Bank as two organizations that "truly became global predators." Behind the scenes, they created economic crises in third world countries, and then came in on a "white horse" to save these countries with loans, which they knew could never be paid back, he detailed. They have much of the planet in debt, and exert control through this, Wolfe continued, adding that another economic crash is coming. The 2008 US crash as well as the current European crisis were planned scenarios in order to place a global monetary interest in authority, he revealed. He also was critical of the massive derivatives market, which he characterized as unscrupulous casino-like gambling practiced by banking institutions.
In the last hour, ordained Baptist minister Lindsey Williams shared his contention that the collapse of the dollar is being orchestrated. According to his "elite" sources, we should be on the lookout for signs that a collapse is imminent. These indicators include a crack in the derivatives market, currency & trade wars, as well as a 1% rise in interest rates. He suggested that people "secure their assets immediately," which means to get out of all paper, and invest in gold and silver (which he was told will be used to back the new world currency).
His web site is: http://revisedhistory.wordpress.com/
Servando González is a Cuban-born American writer.
He received his training as a historian at the University of Havana.
He has written books, essays, articles, and multimedia on Cuban and Latin American history, intelligence and espionage, semiotics, hypertext, and art history.
He joins me to discuss his books and his article Why I Hate Republicans (Including Tea Partiers) Even More Than I Hate Democrats.
Today: Dr. Duke and Horus the Avenger expose the racist anti-racism dominating the media and inciting racial hatred and violence as a result of the media bias in the Trayvon Martin case and the coverup of anti-white racism victimization across America.
Listen Download Hour 1 - Peter Davenport - More Strange Red 'Fire Ball' Objects Around US
Listen Download Hour 2 - Dr. Bill Deagle MD - Multiple Updates
Listen Download Hour 3 - Jordan Maxwell - Astrology