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Sept. 25, 2008 - Alex Jones Show
02:07:36
20080925_Thu_Radio
Participants
Main voices
a
alex jones
49:44
w
webster tarpley
33:18
Appearances
t
ted anderson
02:59
Clips
b
brit hume
00:53
d
david miller
00:19
k
kevin mcpadden
00:18
l
luke rudkowski
00:08
t
tom brokaw
00:34
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Speaker Time Text
unidentified
Mainstream media.
Government cover-ups.
You want answers?
Well, so does he.
He's Alex Jones on the GCN Radio Network.
And now, live from Austin, Texas, Alex Jones.
alex jones
It is Thursday, the 25th day.
Today of September 2008, I am Alex Jones, your host, and we're going to be here for the next four hours live, taking your phone calls, talking to Congressman Ron Paul about the controlled financial implosion being orchestrated by the military-industrial complex in a financially military-coordinated attack against the free people of the planet,
not just the United States, indentured servitude And the financial enslavement is being set up right now.
Bob Chapman, the international forecaster, will pop in for his weekly visit as well.
And Webster Griffin Tarbly, another expert on the world banking system, been breaking down for more than a decade exactly what we're now witnessing by design.
So, Congressman Ron Paul, fresh off grilling the private fellow reserve chairman yesterday and the banking committee in the House, We'll be joining us Webster Tarpley and Bob Chapman today.
I'm going to break down the false reality that the public is being handed and given on the economic Armageddon that we're witnessing, just the foreshadowing of it that we're currently seeing, versus what's really happening In the real world, where we actually live.
And so I'm going to do that in the next 30 minutes before Tarpley joins us, then Ron Paul, Bob Chapman, in that order today.
We will also open the phones up when Tarpley is on with us and Bob Chapman.
We only have Ron Paul for 30 minutes, so we won't be taking calls.
Who knows?
I might take a few, but we'll see what happens there.
Maybe I should open the chat room up.
By opening the chat room, maybe somebody should make a entry in the area of the Prison Planet Forum.
There's a section for live questions on the air.
I do peruse it daily, and perhaps folks should post short questions there, and then one or two of your questions will probably make it on air with Congresswoman Ron Paul, because I love the directions and the angles that listeners take us in, and a lot of times bring up points that are more salient And that cut to the heart of the matter even more so than I would or our informed guest would.
We have quite an audience to be able to pull on, though most of them are working when we're on the air so can't call into the show.
You can certainly go over to the Prison Planet Forum and put some of the questions in there.
Also, We need to deal with the military situation.
Last week, last Thursday, we made much to do about the Army Times calmly reporting that a armored brigade, combat brigade, from Iraq, under NORTHCOM, would have crowd control, riot control, quote, non-lethal weapon patrol of the United States.
They're going to be rotating different brigades and preparing them For a homeland mission.
And there was a spectrum of responses to us posting that and covering it and writing some articles, several articles in the last week about it.
It runs the gamut from people saying, oh, it's just training, it's no big deal, to people on the comment sections in the stories going, why isn't Alex covering this?
He's covering it up!
To people freaking out over it.
Now, you know that's COINTELPRO, but we leave it up there, we let people post what they want up there.
Unless they call for murders of people.
Believe me, we don't have the time or the energy to go through there erasing things.
We just leave 98% of it up.
But you've got to know it's COINTELPRO, folks.
It's not just idiots.
When they go in there and constantly accuse us when we are the main authors of exposing the militarized covert takeover.
I mean, I made films on the subject 11 years ago.
And then to claim that I'm covering up the military takeover.
It's just unbelievable.
We'll be right back.
Stay with us.
david miller
On September 11th, 2001, along with hundreds of my fellow troops, I went to ground zero.
And we knew what to do.
Or at least we thought we did.
alex jones
Truth Rising is a breakthrough 9-11 film that finally gives first responders a platform to tell their story.
unidentified
Whitman. EPA.
Director on the 18th made a statement that the air was safe to breathe.
alex jones
This film follows the growing momentum of 9-11 truth as brave souls throughout the world take action against their global masters.
kevin mcpadden
He had his hand over the radio while he was getting a countdown.
He takes his hand off and you hear three, two, one, and it was boom, boom, boom, boom, boom.
alex jones
This is an emergency transmission worldwide.
Download Truth Rising at PrisonPlanet.tv and aggressively spread it worldwide.
Or order the DVD at InfoWars.com.
If we don't expose the government-sponsored terror, they're going to commit more acts and bring in martial law.
unidentified
You ever have one of those days where everything goes right?
First, I get the best parking space at work.
Tonight, I have a date with a very lovely Rachel.
And today, I gave a killer presentation in Sydney, finalized a contract in London, and demoed our new product in Boston.
Online, from my desk, with Webex.
Webex lets me take meetings and give presentations from my desk.
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with Rachel.
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You know, as a father and a husband, one of the enjoyable things in my life has been walking in at night and checking on my children, checking up on my wife, making sure she has the things she needs, but mostly providing for my family and knowing that they're secure, that they feel comfortable every day in their little skins, they don't have to worry about the oddities of the world taking over and wrecking their lives.
I've always wanted to be a good provider and I'm not going to change that now just because the economy's in upheaval and because there's a lot of political and social uncertainty and I hear about global warming We're
good to go.
alex jones
And today you'll be glad you did.
unidentified
He's the T-Rex of political talk.
Alex Jones on the GCN Radio Network.
The GCN Radio Network.
alex jones
We have the stunt of John McCain trying to cancel the debate tomorrow night with his colleague.
It's like Hulk Hogan fighting the Iron Sheik.
It's all completely staged.
They train together.
They stay in the same hotel together.
They come in the same limo to the WWF event.
It is totally staged.
It is a joke.
But what's going on?
They're grandstanding to make it look like the presidential debates matter and like these people are important and Bush is calling them to the White House today to have an economic summit as the Republicans and Democrats circle the wagons because in every major poll Right at or under 30% agree with the stick-up.
I mean the bailout.
The takeover of the real economy by the criminal bankers.
That's what it is.
But they know how to label things deceptively and then we spend all our time just educating people about what it really is and by then it's too late.
Again, this is military PSYOP precision.
Devastation! All laid out, we told you years ago, the real money was moving offshore, getting out of the country.
They planned to pop the subprime.
This show, this radio show, didn't tell you that it was just coming, an economic collapse.
We told you exactly how it would happen and what year it would happen.
2008. Over and over and over and over again in news articles and guests and experts and Nobel Prize winners for economics.
Congressmen. On and on and on, we told you exactly what's going on.
I mean, we're so informed about what's going on, because we keep our nose to the grindstone, that it's basically like we're police detectives that have been tracking a serial killer for years, and we've gotten so inside his mind that we know where he's going to strike next, what type of woman he's going to grab off the street next.
We told you exactly what's going on.
What they were going to do, and they're doing it right now in front of you.
This whole thing is a giant psychological warfare operation.
But before I get into all of that, and play some audio clips of Bush last night, and break it all down...
I was on coast-to-coast AM, 4 in the morning.
Couldn't get to sleep till about 5.30, so I am chipper, let me tell you, this morning.
You're on the air.
I actually am fired up, I feel great.
I'm gonna be basically beat though when the show's over, but get ready.
We got three hours and 50 minutes spanning out before us with Webster Tarpley, Ron Paul, Bob Chapman and others on this live September 25th, 2008 edition.
But speaking of psychological warfare, let me set the table for something.
You know, not just the staged wars or the staged terror or the staged economic collapse.
Let's break down What a country in receivership looks like, and how they've sold the childlike public on accepting their bondage.
Okay? And I wonder, have the police and the social workers, have you ever looked at the prison that you're also building around yourselves?
Because we're all in this together.
Whether you like it or not, you're with us.
You're with the American people.
You're not in some elite position Immune from this.
You're going to get hurt just as bad, probably worse than everything that's happening, because you're going to be expected to defend the corrupt system as things get darker and darker by the day.
This is going to stretch out for years.
If a child in front of a hundred witnesses at a park falls off a jungle gym and breaks their finger or arm, which happened to most of us growing up, There's a good chance the parents are going to fight with lawyers, their lives, everything they've got, maybe, just to keep the child.
But about a third of the time, the government's going to take your child.
Doesn't matter if you have witnesses.
Doesn't matter if it was just an accident.
Doesn't matter if your child's playing with their brother or sister and slams their finger in the front door.
Something I did playing with friends one time.
Hide and seek, you know, running around the house.
You take your child to the hospital, they're gone.
The hospitals have been trained and prepared like Stasi to be just watching and waiting.
You drive without insurance, you're gonna get a ticket, and a lot of times they go ahead and arrest you now.
You don't have your seatbelt on in your own neighborhood pulling up to your mailbox.
They arrest you now in the town where I live, Austin, Texas.
You're a pregnant woman who sits down on a bench too long in New York.
They arrest you.
You bring your Gatorade with the top on it on the subway.
They say no food or drink.
They arrest you.
These are all mainstream articles.
You take a cake to your teacher when you're graduating from high school.
You're the valedictorian.
You pull out the plastic knives and forks.
The police see it.
You're arrested.
Your degree is taken.
Scores of examples like that.
The book is completely thrown at the American people who are the milk cows, the sows that are bled.
Illegal aliens because they have a job to drive down the wages, break down the society, and bankrupt the states with unfunded mandates for health care, welfare, and the rest of it.
I'm not attacking them, I don't blame them wanting to be here, I'm just stating facts.
They come up here, they get pulled over drunk, no ID, no nothing, Insurance, they get let go, but citizens don't.
Now, I've set the table with that, and there's hundreds of other examples.
unidentified
Thank you.
alex jones
Meanwhile, there is a story that's up on the Drudge Report, I want this up on InfoWarsAndPrisonPlanet.com, with the headline, Police to Stop Responding to Crimes.
That's right.
You heard me read the headline.
Local 6 News out of Florida.
Now, this already officially happened 20 years ago in Dallas.
I've had 2 cars stolen in Dallas.
And they laugh at you on the phone when you want the police to come out.
And then I said, fine, you can't help me.
And hung 911 up.
And the police showed up 5 minutes later getting in my face saying, why'd you hang up on 911?
See, it's about the bureaucracy.
It's about you licking boots.
It's about you learning to be a slave.
Police may stop responding to some crimes.
Budget crunch forces move to be considered.
And it says robberies of homes, robberies of cars, not to be responded to.
Now, of course, they put an emotional salve and excuse in there.
Very, very sick.
Listen to this.
Palm Bay, Florida.
A budget crunch in Palm Bay may mean city residents who forget to secure car doors or close garages will get only a case number and nothing in terms of a visit By patrol officers and something is stolen.
So see, it's that excuse.
Oh, you're bad citizens.
You know, you pulled up and took the groceries and somebody ran in and stole your car.
And so we're not going to investigate crime now.
But you run a red light, or you slow stop at a sign, or you're text messaging in your car, we're going to arrest you.
Your child draws a picture of somebody with a gun at school like every other boy does.
We're going to arrest your child.
Zero tolerance.
But that's because it's only for the fat cows.
Our fat slaves were sucking dry, not for real criminals.
The police revision is part of a wider cost-cutting look at the Palm Bay Police Department 200 million annual budget.
Yeah, I bet they're not going to stop having cops out writing tickets to little old ladies or acid forfeiture seizure, grabbing cash out of their purses.
We're looking very seriously at types of calls we will go to.
Palm Bay Police Chief Bill Berger said, still about 85 to 90% of the people who've had their cars broken into left the car doors open, but obviously, it's an actual break-in, we'll respond.
On and on and on, because we've got more serious things to do.
They've more than tripled the number of cops in this country, and you can't get one.
You know, woman gets mugged in the heart of town, Calls for the police, but there's none around.
He's out on the interstate setting the trap for a live one to skin and wrap.
Cue that song up.
Drag him off the interstate.
Sock it to him, JD Blues.
Wanna play that later.
The bottom of the hour coming in.
So, that's what's going on.
Meanwhile, in Austin, Texas, every week I hear about them shutting down a major highway, shutting down downtown, panicking, hyperventilating, freaking out.
A cardboard box blows out of a car, bomb squads, and the police always show up because it's meant to send a psychological message.
There's terrorists everywhere and you need paramilitary police and intelligence units and all the federal funding and the emergency centers that spy on the citizens and spy on the churches and spy on the peace groups.
We need them because there's terrorists.
Oh my gosh!
They have all these fake drills, which they admit in their own documents, are meant to create fear, to create the realism of the terror threat.
Well, it's the same thing here.
Hot dog outside Philly ballpark causes bomb scare there was a paper Plate with two hot dogs on it laying on the ground and the citizens Play the clip this is the total mind control the public's under Tonight's Phillies game goes on as scheduled despite a bomb scare at Citizens Bank Park just a few hours earlier.
unidentified
Three suspicious packages were found just outside of a gate that leads into the park.
Fans who had already arrived for the game had to be evacuated as a precaution and players were actually kept on the field.
Well, the bomb squad arrived and they detonated that package.
Turns out there was nothing more inside than some hot dogs wrapped in duct tape.
There was Packaging and duct tape.
Um, I don't see many, um, hot dogs sold here with duct tape.
alex jones
But... You know, that's a lie.
unidentified
We just did what, uh, we thought was appropriate.
alex jones
Oh, yeah.
unidentified
All Philly's officials say the packages did not contain any type of explosive device.
alex jones
Okay, so what that's about is, and see, they always blow something up.
So that kind of creates the psychological, it's all Pavlovian psychological warfare.
It's all opera conditioning.
There's a boom, and see, they came out and there was a boom.
And so there's terrorists everywhere, and now they're putting face-scanning cameras and brain-scanning cameras up all over the country.
Told you about that more than a decade ago.
By the way, big mainstream articles last week just announcing, oh, guess what?
All the local cameras, they're really Homeland Security, and they're hooked in.
They're watching you.
unidentified
It really wasn't for traffic, after all.
alex jones
And if you don't want to hand everything over to the private bankers, the army brigades are coming.
I know.
Hey, hey, listen.
Police, FBI, all of you.
I know.
Go ahead.
Just sell out to the system.
They're going to hurt you real bad.
You're going to pay for your crimes in the end.
Okay? This new world order will fall.
And any of you that served it criminally are going to go to prison.
I and others are going to see to it.
You understand?
We'll be right back.
unidentified
We'll be right back.
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tom brokaw
A day unlike any other in the long course of American history.
A terrorist act of war against this country.
unidentified
The enemy struck America on September 11th.
But who is the enemy?
Bin Laden.
This is his M.O. We have to look to the Middle East.
We have to look to Osama Bin Laden.
Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
brit hume
Some U.S. investigators believe that there are Israelis, again, very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
unidentified
Bin Laden's connections to the CIA, the hijackers' ties to the FBI, the Saudi Arabian Either you are with us, or you are with the terrorists!
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Well I'm not the kind to kiss and tell, but I've been seen with Farrah.
I've never been with anything less than a dime, so fine.
I've been on fire with Sally Field, gone fast with a girl named Bo.
But somehow they just don't end up as mine.
alex jones
They expect you to assist them in the bank robbery.
You know what you're into.
unidentified
is watch my feet and lay are you aware of the real world while I'm bandaging my knee I might fall But in the primal equation it doesn't matter.
Reality is still there looking you in the face even if you deny it.
alex jones
Okay, Ron Paul is coming up in an hour and a half.
Webster Tarpley in the next segment, and we're going to be breaking down in detail all the things that are happening with a controlled financial collapse.
Here is some of the news we have today.
Reuters, U.S. to lose financial superpower status, Germany.
And all that's happening is the international banks are fully sucking the United States dry and having the American people sign on to their international quadrillion in derivatives.
That's over 1,000 trillion.
Now, a year ago, and we have articles up on InfoWars.com that break down all the official numbers on this, it was only 61 billion dollars that was owed In mortgages in the United States.
And now it's only a little over a hundred billion dollars.
Even with the devaluation in the real estate market in many areas of the nation.
Some areas are still holding firm like Austin, Texas to some extent.
Now how is it that they need a five trillion dollar bailout?
By the way, that's Bloomberg Financial last night saying I have the headline right here.
Headline, bailout not 700 billion, more like 5 trillion.
Just Google that.
You can read it on Bloomberg Financial.
And that is conservative.
If you read the bailout bill that was secretly written up Sunday and released Monday, it states no one can review it.
The Treasury basically becomes a private institution with the private Federal Reserve.
And they are allowed to do anything, buy any derivatives, buy any stocks, buy international bank stocks.
They can do anything they want.
And then I was listening to talk radio shows this morning with all these disinfo agents and an establishment economist on saying, this isn't really a bailout.
The government, the taxpayers, are getting really good assets.
You know, they're getting some really good financial instruments.
Well, number one, you're not getting anything.
Let's say they were solid gold.
They're not.
They're fraud.
They're just paper instruments, leveraged times a million.
But let's say they were worth something.
Private banks are having it handed over to them.
The money is being given to Goldman Sachs and others.
And guess who the former head of Goldman Sachs is?
The Treasury Secretary, who still has huge holdings himself in it.
So, it is just...
Mass crime right out in the open, and we have John McCain coming out and saying, let's suspend the debates, let's suspend the campaign for now.
Kind of a trial balloon for suspending the campaign period, as CNN was saying last night.
Oh yeah, CNN saying, are they talking about suspending the campaign period?
You know, things are so bad?
And then Barack Obama says no, now he says maybe.
They're meeting today at the White House to grandstand, to have the Republicans and the Democrats team up and say to the American people, hey, we know in Ross Mewson polls and other polls, 25 to 30 percent, depending on which poll you look at, some are 25, some 28, some 30, but around 25-30 percent of you are for the stick-up that they call a bailout.
The total takeover of the banking system of the real economy.
That's all that's happening.
They're just getting us even deeper into hawk with them through a fraud.
So we have the Congress, we have both parties circling the wagons, saying that, listen American people, you're wrong.
You've got to sign on to this.
You've got to say you're going along with it.
You've got to say you believe in it.
Because later we're gonna take everything you got and remind you that you signed on to it.
We have to convince you, at least publicly, to go along with this.
And so all the parties and all the politicians are getting together to try to sell you on that idea right now.
And it also props up the illusion that Joe Biden and Sarah Palin and Barack Obama, Senator McCain actually run something or do something.
They're carrying out a scripted program.
Both of the candidates, both the Republican and Democratic candidates, have the very same set of advisors, the very same think tanks.
It is all orchestrated right now.
The bank robbery is taking place right now.
And whether you're a fireman, a cop, a school teacher, an auto mechanic, a doctor, a lawyer, this is going to hurt all of us.
This is only going to help the international crime syndicate.
We've got to stop it.
unidentified
We're on the march.
The Empire's on the run.
Alex Jones and the GCN Radio Network.
It is a big idea.
A new world order.
alex jones
In the near future, Earth is dominated by a powerful world government.
unidentified
It's known as the Bilderberg Group.
Could their objective be world domination?
alex jones
For thousands of years, their dark order grew.
Now as they hail the birth of the New World Order, their great dream of exterminating 80% of humanity is at hand.
For the first time in history, the elite's plan for world government is blown wide open.
You will learn the secret that drives the entire New World Order agenda.
unidentified
Build America is making great progress toward the world government.
Most people have no idea.
They're not after money.
They have all the money they need.
webster tarpley
They're after power.
That's their application.
alex jones
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I think so.
Well, I just popped over the old state line My headlights focused on a welcome sign When hiding in the bushes there waiting for me Was a big policeman with a capital P Shouting, look out stranger, you're heading for danger There's a welcome sign ahead He dragged me off to the old town square We're good.
He said, look at here, boy, you better slow down.
You're in a heap of trouble in this one-horse town.
So look out, stranger, you're heading for danger.
There's a welcome sign ahead.
I've got to go drag them off the interstate, sock them to them, J.P.
Blues. Yeah, welcome in the evening, sock them when they're leaving, Blues.
A kangaroo court is the last resort on a low-down, shakedown cruise.
Got to go drag them off the interstate, sock them to them, J.P.
Blues. You better pray to me and you better lick my...
I'm an officer and you're a lowly civilian!
kevin mcpadden
Go ahead!
unidentified
A woman getting mugged in the heart of town Yells for the cops, but there's none around The down on the interstate setting the trap A hunting for a live one to skin and wrap So look out, stranger, you're heading for danger There's
a welcome sign ahead When a sign says, welcome to God's country Good, you got competition from a slick JP Fuzzy old buzzards that fill in their craws With highway robbery in the name of the law So look out,
stranger, you're heading for danger There's a welcome sign ahead I've got those drag'em off the interstate Sock it to them, JP Blues Yeah, welcome in the evening Sock them
when they're leaving, Blues A kangaroo court is the last resort On a low-down, shakedown cruise Cut to them, drag them off the interstate Sock it to them, JP Blues Cut to them, drag them off the interstate Sock it to them, JP Blues Yeah, here they come Lick em! Lick the boo!
Here, here!
I want you to lick them that way and lick them this way, you learned, you scum, you civilian trash!
alex jones
Absolutely an oldie, but a goodie.
In the next hour and 15 minutes or so, because I want to open the phones up for people to be able to talk to Webster Tarpley, he really is a great political and financial mind.
How is that evidenced?
By so much of what he said coming true.
Limited predictions, but always done in a precise ... way, always exposing the Anglo-American global banking cartel.
Before we go to Webster, I want everybody to understand something.
Everything that was foretold, everything we warned you about, everything my films have covered, you are now seeing the front of the storm.
It's like a hurricane coming in.
It's a Category 5, going 154 miles an hour.
You're only feeling the leading edge before it hits.
This is 20-mile-an-hour winds you're feeling.
You're going to feel 150 plus mile an hour winds financially.
There's your analogy for the hour.
And let me tell you something.
Me and my wife were praying this morning, okay?
I mean, I'm on my knees, folks.
I got up here on the air and, you know, I don't put on a bluster, but I mean, that's just what comes out once I'm on air.
I put a good face on it, that we're going into this storm with our chins up and our chest out.
But let me tell you something, all of you better get yourselves right with God, because this is going to make the Great Depression, whether it comes this year or five years from now, whatever the trajectory of this is, and it looks like sooner rather than later, it's going to make that look like a Sunday walk in the park,
as they say, because we had 90% of the population being agrarian rural farmers, and they were self-sufficient, and 7 million, according to Major studies that have been done by universities, between 7 and 10 million, the conservative number 7 million, starved to death during the Great Depression.
Starved to death.
Now, if 7 million, we're only a country of 200 million, if 7 million starved to death and 90% were self-sufficient, then what is going to happen when we've got 90% living in the city, 10% on the farms, and only half of those on the farms are self-sufficient?
And that's a You know, that's trying to make it look good.
It's probably less than 5% that are really self-sufficient.
I got family, lives on the farm, lives on the ranch, and let me tell you, they're not self-sufficient.
They are close to it with wells and gardens and canned foods, but I mean, could they take care of themselves in a road warrior situation?
That remains to be seen.
Could I take care of myself?
Certainly not, folks.
You know, those skill sets are being lost.
Now remember, Pinkerton Security Rockefeller security, they went in during the depression.
They ran people off their farms and ranches.
The banks would call in the whole note.
By the way, that's still in the rules now.
They've changed the law so they can take the pension funds.
I want to ask Webster Tarpley.
You know, he's trying to fix the financial crisis.
He's been trying to stop it.
He's been trying to put out ideas that I agree with on how to fix it.
You know, take over the Federal Reserve, nationalize it, monetize it.
I mean, there's a lot of ideas.
Pump, you know, the 5 trillion, it's not 700 billion, into the people's hands.
That needs to be done now.
Because it all is fiat.
We're paying for it anyway.
unidentified
...
alex jones
of other corporations.
This is all-out war.
This is the last, you know, few moves in a chess game here.
It's been going on for decades.
Everything positioning us.
Everything getting our industry offshore.
Getting the family broken down.
Balkanizing communities.
Buying up local public utilities.
Handing them over to private corporations who just shut them down.
strip mining the economy.
Taking everything, being able to steal homes, infrastructure.
This is the executive orders where they can take land, work brigades.
I mean, folks, this is hell on earth.
You think things are bad?
If they get the bailout through the way they want it, it is not a bailout, it's a takeover.
So, Webster, first off, instead of getting into the economics, and I want to get into that, how do we, because I don't think there's any stopping this now, though we see only 28% in Rossmussen poll for it, so maybe there's some way to stop them, but then they're going to crash the economy and say we caused it.
And then get a propaganda victory, and then later pass some bailout so they'll actually get both.
I mean, it's a very sophisticated game we're playing here.
Only getting the word out, and some mass way to stop it.
I don't know if we have the power to do that.
So, I think you're getting the gist of this long five-minute diatribe of the facets I want from your mind.
I want to pick your brain, the listeners do, of A, what do you think of what I just said?
And then B, how do we organize quickly so they don't take the farms and ranches, so they don't uh...
corporatized instead of nationalizing they're going to be stealing everything and handing it in uh...
to this this this war mock this juggernaut uh...
webster tarpley
as the private banking system goes to war against humanity webster griffin tarpley thank you alex i would recommend first of all political mobilization political action uh...
the the sort of survivalist side of things you can do in in in your spare time i'd get them uh...
Get some stuff in the pantry and all that.
That's all fine.
But political action.
And a lot of people have never tried it.
So this is now the time to try it.
The power of the finance oligarchs has thrived in an atmosphere of public passivity, apathy, lethargy, not voting, not caring, above all, not being active.
Because politics, it can't be a full-time job.
For many people.
alex jones
But we've had a snickering, giggling, morbid population trained that it's cute to not care, and cute to be uninformed, and now, if people think it's bad now, they have no idea.
webster tarpley
Yeah, you can just take the time you're devoted to some idiotic sporting event, which is just bread and circuses provided by these same Wall Street bandits, and devote that to politics.
Now, obviously, the imperative right now is to mobilize to stop the bailout, and any reason to vote against the bailout He's a good reason.
And in the anti-bailout coalition, you can easily have a lot of very diverging points of view about what ought to be done after that.
And there are.
But certainly, the minimum common denominator of civilized humanity is that you've got to be against the bailout.
Now, as you say, success is not guaranteed, especially because it looks like we've got a pan-oligarchical coalition.
We've got all the oligarchs of all the different stripes.
We're now coming together to say that they're going to have to put aside their ideological scruples, they're going to have to put aside their various free market ideological pabulum.
alex jones
Yes, Webster, they know it's a fight.
They are circling the wagons, both parties against us, and even in Austin and Dallas, I'm listening to local radio, they are dispatching CFR members, globalists, to speak to the business councils and saying, hey, get behind this, get behind this, and they're terrorizing people and saying, or there'll be a depression next week.
webster tarpley
Well, there is, of course, a prospect of an immediate deflationary crash, but using the sorts of methods that I recommend, and these are, of course, New Deal methods, it is proven, using these methods, you can stop a depression in a single day and begin to turn it around.
But let's just look at it.
Now, it's not so apocalyptic as people think.
What we're in now, you might say, is the Herbert Hoover phase of things.
Let's get back to 1931-1932.
Hoover created something called the Reconstruction Finance Corporation, and with the help of Congress, put about 3 to 4 billion dollars in it.
And the 3 to 4 billion in those days was a lot of money.
If you want to estimate inflation, I think a good way to estimate inflation is to use postage stamps.
In those days, a first class letter cost 2 cents.
Today it's 42 cents.
That looks like a 2,000 percent inflation rate.
So, if you multiply the 3 to 4 billion of then, By 2000, you're more or less in the ballpark that you say, right?
Four, five, six trillion dollars that have been thrown into this between Fannie Mae, Freddie Mac, the current bailout, other sorts of liquidity injections, and so forth.
Now, the trick about the Reconstruction Finance Corporation under Hoover was that it was a failure.
Why was it a failure?
Simply because, under conditions of economic breakdown, financial panic, and the things that we have today, It is impossible to maintain paper values.
Forget paper values.
They are irrelevant.
You've got to think about the survival of civilization, the survival of humanity, production.
You've got to produce the wherewithal for human life.
Forget about paper.
Forget about property titles.
Forget about investment returns.
Forget about all this apparatus.
alex jones
We're talking getting back to the real economy, the basis of production, and life.
webster tarpley
Right. In other words, tangible, physical production.
Commodity production.
Now, in any rational system, we should be giving cheap, subsidized credit, preferentially, to people who want to do something productive.
That means manufacturing goods, farms, Transportation.
alex jones
But instead, the globalists have been penalizing that and paying people to go offshore to put us in this position.
webster tarpley
Exactly. What we've got today is the world turned upside down.
We've got reality stood on its head.
What we've got is a bailout program that only touches financial institutions and everybody else be damned, even companies that still produce something useful.
I mean, you've got to, the way the world is set up right now, you've got to have cars.
That means you've got to have General Motors and Ford and Chrysler and those assembly lines.
unidentified
...
webster tarpley
are a precious asset with the trained, skilled labor that are associated with them.
You've got to keep those things together, because if you don't have that, you literally go down the tubes.
You approach a point of...
alex jones
You can't even build army tanks without those people.
webster tarpley
Thermodynamic breakdown means that everything grinds to a halt, and it does exist.
And the people that are running this idiotic show today are basically not...
they don't want to see that.
Now, the Reconstruction Finance Corporation, Was a failure under Hoover, precisely because it tried to prop up paper values, it tried to save insolvent banks.
You can't do any of this stuff.
We should look at the Reconstruction Finance Corporation as it existed under Roosevelt, and Jesse Jones of Texas, who was one of the great people who built the United States, he had the Reconstruction Finance Corporation, and he said, I'm not going to try to prop up paper values and insolvent banks,
I'm going to create things like The Synthetic Rubber Corporation, the Chemical Corporation, the War Plant Corporation, in other words, new plant and equipment creating high-paying industrial jobs that soaked up unemployment, expanded the tax base, and led to recovery.
And of course, some of the recovery had to wait until World War II, but a lot of it was done, for example, during the year of 1941.
That's the year that unemployment really disappeared under Lend-Lease.
That kind of policy Uh, would be effective today.
What we basically need today is a lend-lease program to fight the depression on the home front, right?
Lend-lease, of course.
alex jones
Uh, lend-lease to ourselves.
webster tarpley
Yeah, lend-lease.
You don't need a war.
You don't need to be producing for Britain or the Soviet Union or anybody else.
Look, look, look.
alex jones
By our family land, there's several bridges that have collapsed this year in Texas.
I mean, this is where I live, and we could start right there.
webster tarpley
I mean, we could start fixing That's exactly where you should start, the rebuilding of infrastructure.
But here's the idea.
The way we have the system we have now is that the inherent power of the federal government to be its own bank and to coin money, because the Constitution says the Congress has the power to coin money.
Today that would mean the currency issuance of the United States and the interest rates ought to be decided by public law.
That's all we have under our system.
The House, the Senate, and the President signed it.
It's debated in public, and it says the currency issue for the new year is this much, and the interest rate target is going to be this.
So, not by the market, because there is no market.
The market is...
alex jones
Let me stop right there.
I am a free market person.
The problem is, with these crime syndicates, we don't have a free market.
Just like Enron had fake trading computers in California, stealing over a billion a day.
For a year.
I mean, what we're dealing with here is just a small coterie of criminals.
Explain that to people, Webster.
This is not free market.
This is socialism for them.
They take our money.
They take our industry.
There can be no investment in anything that helps us because everything has to be greedily taken up to them and then leveraged to infinity so they can grab up other infrastructure, which they then greedily let rot in their hands.
webster tarpley
Yeah, I don't agree with the slogan of the free market.
I don't think there's been a free market anywhere in the world for several centuries.
And to pretend that it has existed, I think, gets you on the wrong track.
But the main issue now is the question of credit and the Federal Reserve.
Now, this, of course, is run by a banker's cabal.
I think people are familiar with this.
It was set up the way it is under Rockefeller and Morgan, above all, right?
The House of Morgan dominates Wall Street, still does.
JPMorgan Chase is the centerpiece of it.
Jamie Dimon is the JPMorgan of today.
So you have the inherent power of the federal government to issue money is somehow hijacked by the Federal Reserve.
This came up in the hearings the other day.
Helicopter Ben Bernanke was asked in the Senate Banking Committee, how is it that you do what you do?
And he says, well, we were created by the Federal Reserve Act.
The Congress has the power to issue currency, but they have delegated that power to us.
Now, this is unconstitutional.
You can't change the Constitution with a statute.
And that is what the Federal Reserve Act did.
alex jones
And last week, you have to do it by going to the states.
Now, we're going to come back and talk more about this, but remember last week, Paulson tried to tell Congress, well, we don't need you, because we have contractual agreements with the Federal Reserve, and now they're claiming they have contractual agreements with foreign banks.
So stay there, let's come back.
webster tarpley
He wants to bail out foreign banks.
alex jones
And now they're having to back off and say, okay, we need Congress to sign the dotted line.
But can Congress constitutionally sign a blank check ceding imperial right of kings power to the bankers?
And the answer is no.
Can Congress legalize throwing children off cliffs?
No, they can't.
So they're all criminals.
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A day unlike any other in the long course of American history.
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unidentified
The enemy struck America on September 11th.
But who is the enemy?
Bin Laden.
This is his MO.
We have to look to the Middle East.
We have to look to Osama Bin Laden.
Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
brit hume
Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
unidentified
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alex jones
You're living history, ladies and gentlemen.
New World Order is making its move right now.
I'm gonna chase the skies History shows they have miscalculated.
unidentified
At this moment of attack, at this moment...
...
alex jones
where they attempt to take over the entire world financial system that they've already been sitting on top of, but they want to fully bankrupt it so they can consolidate it.
At this point, they're very weak.
They've exposed themselves as criminals.
The public out of the gates doesn't believe anything they say.
They're operating in a 20, 30-year-old paradigm when they controlled the newspapers and the television before the rise of the alternative media.
Webster, do you agree that they have miscalculated and that we could Certainly use their miscalculation to open up a wider front against their operations and that this could be the catalyst that destroys the Anglo-American crime syndicate?
webster tarpley
Well, I think we do need to mobilize against it.
I don't see them operating according to a timetable.
In other words, the process of descent into a new world depression is uncontrollable from the point of view of any single oligarchical faction in this But they're attempting to control it and use it as a centrifuge black hole consolidator.
Well, they try to turn the crisis against the people.
There's a world depression.
They want you to pay for it.
We want them to pay for it.
A world depression costs about $100 trillion or $500 trillion.
We say the bankers should pay.
They created the depression.
They created this mess.
The finance oligarchs should pay through the nose.
That's right.
alex jones
They should have to disgorge all the real assets that they've been snatching up with the previous Ponzi scheme.
webster tarpley
Yes, and above all, they should pay for the actions that they've taken that have destroyed and annihilated these resources.
Again, I'd just like to get back to the Federal Reserve.
What you have today is, if I'm J.P.
Morgan Chase, I can go to the Federal Reserve and borrow money for 2% or less.
2% is the normal interbank rate.
The federal funds rate, right, which the Open Market Committee sets.
Now, the Open Market Committee has in it a lot of unelected, unaccountable people from the Federal Reserve District.
And those people represent the banks of San Francisco, the banks of Chicago, the banks of Atlanta, and Boston, and all the rest of it.
And they all vote.
The New York Fed is always represented there.
They represent Wall Street.
So they vote to set the interest rates.
That's So
they can lend to JPMorgan Chase, so JPMorgan Chase can lend to the Treasury.
Why not nationalize the Federal Reserve?
Cut JPMorgan Chase out of the game, right?
Let them go and earn money some other way.
And the inherent capacity of the U.S. government to finance itself comes into play.
Why do we need to have this crew of Wall Street money center banks who are there simply to parasitize the public debt and the currency formation of the United States.
That gets worse.
JPMorgan Chase is supposed to be a commercial bank.
Commercial bank is supposed to, or used to traditionally, they would make loans to businesses to create new plant and equipment, new businesses, new jobs, productive jobs maybe, or highly paid jobs.
They don't do that anymore.
JPMorgan Chase and the rest of them, Citibank, Bank of America, the really big ones, Wachovia, and so forth, those are not commercial banks anymore.
Those are derivatives monsters.
Right now, if you look in the official statistics from the controller of the currency at the Federal Reserve, or the Treasury in this case, they will tell you that JPMorgan Chase officially carries almost $100 trillion of derivatives.
Now, that is six or seven times the gross national product of the United States.
It's impossible.
It cannot be maintained.
alex jones
It's total fraud.
Stay there.
Our guest, Webster Tarpley, back in 72nd.
unidentified
Thank you for listening to GCN.
Visit GCNlive.com today.
May I have everybody's attention, please?
I've come with a message of information.
9-11 was an inside job.
luke rudkowski
Do you like being a puppet, sir?
unidentified
Do you like being a puppet for the New World Order?
luke rudkowski
How do the American people know that 9-11 wasn't staged, wasn't engineered by you, David Rockefeller, the Trilateral Commission, the C.A.R.?
unidentified
The day that we stop asking questions is the day that we have allowed the seeds of despotism to grow at our own door.
Seven years after the attacks of September 11th, a global awakening has taken place.
How dare you?
If you know that there's treason going on, you can be held accountable for treason yourself.
All hell is breaking loose on 6th Avenue.
And if the government has not told the truth, in five years we will be here on the 10th anniversary of...
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alex jones
Download the film at prisonplanet.tv right now.
Or get the DVD at infowars.com.
It's now time to take the revolution to the next level.
unidentified
Waging war on corruption.
This is Alex Jones on the GCN Radio Network.
Music Big Brother.
Mainstream media.
Government cover-ups.
You want answers?
Well, so does he.
He's Alex Jones on the GCN Radio Network.
And now, live from Austin, Texas, Alex Jones.
alex jones
The international banking oligarchs have created a tsunami of fraudulent paper they use to buy real assets.
Now they plan to give themselves dictatorial powers in the name of fixing the problem they created that will only deepen it.
Webster Tarpley, author, researcher, joins us.
He's breaking this down with his particularly insightful perspective.
He'd gotten up to just JPMorgan Chase With a hundred trillion, conservatively, in derivatives alone.
webster tarpley
uh... webster continue that that's just the official figure they say a hundred trillion of derivatives but it's really something like three hundred or or how i don't we don't know how many because it's not reportable it's completely deregulated one of the obvious things you'd have to do it to come forward with this package to say spend seven hundred billion if you wanted any credibility at all you'd have to say and we're banning derivatives from now on we're going to outlaw derivatives Because that's the heart of this crisis.
Now, if you listen to the hearings, I think the Senate Banking Committee hearings with Hanky Panky Paulson of Goldman Sachs, helicopter Ben Bernanke, this feckless, incompetent Cox, who's the head of the Securities and Exchange Commission, the guy called Lockhart from the Federal Housing Administration, they all try to avoid saying that this is a crisis of derivatives.
They say these are mortgage-related securities.
That is not the essential point.
They are derivatives.
And in the course of this, strangely enough, Elizabeth Dole, who's running for...
trying to keep her seat in the Senate in North Carolina, she may get defeated.
So she was a little bit more radical, let's say, in the questioning.
She starts asking about credit default swaps.
Credit default swaps.
Now, as soon as you say credit default swaps, Paulson of the Treasury starts saying, That's a huge market!
They're huge!
They're huge!
Yeah, it is huge!
It's at least $500 trillion.
It may be as much as $700 trillion.
alex jones
And that's what's bringing down AIG that had certified it.
But you just moved over a key point you made.
I want to go back to this now or later if you like, Webster, but make sure we cover it.
The statement that this is people defaulting on mortgages Literally has nothing to do with it.
We're talking about a hundred billion there.
This is their excuse to blame it on the people.
This is about the leverage derivatives.
webster tarpley
Right. It's peanuts.
In other words, the fact that some poor schmo got a mortgage, an adjustable rate mortgage, and then defaulted because he couldn't pay is basically irrelevant.
In other words, that's a factor of tertiary or less significance.
It's just a side issue that they throw in.
Naturally, adjustable rate mortgages should have always been illegal.
alex jones
Yeah, they're predatory loan sharking usury, but the point is it's a red herring, a scapegoat.
webster tarpley
Yeah, because what they've got now is a theory, and you hear that they say, um, a lot of loans were made that should never have been made.
A lot of greedy people bought more house than they could afford, and that has led to the present crisis.
This is absolutely nuts!
You're talking about a derivatives bubble, I again estimate one quadrillion, that is $1,000 trillion to $1.5 quadrillion to maybe as much as $2 quadrillion.
We don't know, because none of this is regulated, none of it is reportable.
One of the main categories is sure to be credit default swaps.
Hanky Panky Paulson himself talked about mortgage-backed securities.
That's obviously a derivative, because it's paper based on paper.
It's not mortgages.
It's not even a bunch of money.
It's a bundle of mortgages.
It's a bundle of mortgages with an extra layer of derivatives paper added to the top.
alex jones
It's betting on the index.
webster tarpley
If you want to solve Fannie Mae and Freddie Mac, the first thing you want to do is go in there and say, look, any mortgage-backed securities that you have, we're going to strip off that top layer of derivatives and declare that illegal.
We're not going to pay that.
In other words, you come down to the following.
1.5 quadrillion of derivatives.
Antithetical to the future of human life.
alex jones
It's a cancer that cannot be physically paid back.
It's hundreds of times all the acids in the world.
This is the black hole.
We must escape it.
We'll talk about how we do it on the other side, plus the amazing conflict of interest to have the former head of Goldman Sachs, Henry Paulson, heading up this Titanic.
tom brokaw
Today, unlike any other in the long course of American history, a terrorist act of war against this country.
unidentified
The enemy struck America on September 11th.
But who is the enemy?
Bin Laden.
This is his MO.
We have to look to the Middle East.
We have to look to Osama Bin Laden.
Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
brit hume
Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
unidentified
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alex jones
Webster Griffin-Tarpley's with us in another 40 minutes.
We're going to be opening the phones up here in the next segment.
1-800-259-9231.
Specifically today, in this hour, Ron Paul's on this next hour.
Congressman, I want to discuss and I want to talk about what is at hand now.
Okay? And you can bring up the military deploying regular army to the U.S. or other subjects, but it really needs to be on subject.
You know, not how I work for the Tooth Fairy or, you know, any of these other diversions or distractions.
We normally have wide open phones, but On any subject, but right now we're looking at what's happening with the economy.
Webster Tarpley, what about prosecuting these criminals?
That's important, but what concerns me the most is out of the gates the last few months, the corporate owned media owned by the big banks and hedge funds and defense contractors that have pulled these scams, they are just telling us over and over again, no one did anything criminal, no one's bad, no one's going to be investigated,
no one's going to be jailed, And that's really, just like Bush had them retroactively, you know, pass something to destroy the Fourth Amendment for warrantless spying on the American people, so he's trying to, you know, basically get a pardon retroactively.
It's the same thing, and I'm sure you've read the section where it says nothing can be investigated, nothing can be reviewed by any court, the government, any agency, nothing these financial institutions ever did, once they go under the umbrella, ... of Paulson, who again headed up Goldman Sachs.
They can use the money, they can leverage it, they can buy more derivatives, they can speculate.
I mean, this is just unspeakably corrupt and wicked, and you have the very people that engineered it doing it.
So, how do we bring them to justice?
webster tarpley
The first aspect is the draft sent by Paulson and Bernanke was this infamous three-page outline where Paulson says, Everything that I do is above the law.
Nothing can be reviewed, not by a court, not by a federal agency.
Now, this is blatantly unconstitutional.
I actually think that some of the extreme provisions of that three-page document were put in there as a kind of a kabuki dance.
In other words, he says, I want 700 billion dollars and I want it now and you can't review what I do and I get to do whatever I want and to hell with you.
alex jones
And then he can moderate and it's the false choice.
webster tarpley
He can then, he can become more reasonable.
I believe that particular provision has already been dropped, because that would be sure to be overturned by the Supreme Court, if there is a Supreme Court, but it is obviously in flagrant violation of the Constitution.
Look, I would focus right now on getting the policy straight.
Later on, once you have state power, you can prosecute all sorts of people.
You can't put the cart before the horse.
The question of a world economic depression is that it goes beyond stealing.
The question of a world economic depression is the wrong policies that have now been in place for decades.
These are monetarist policies.
In my book, these are the Milton Friedman Chicago School policies.
alex jones
Okay, Webster, we're going to get into that in a moment, and I'm going to give you the floor to cover that, but I don't think that's cart before the horse.
That discredits their entire current wrong policy, as you put it, but to them it's by design.
And so, you know, justice be done, may the heavens fall, it's been said in many different ways, and so we need to, while everybody's paying attention to this, a year from now, you know, people will be focused on whatever the new issue is, or some Russian war, and then the mainstream media can basically create collective amnesia.
I mean, you're saying that we don't need to point out they're criminals now?
webster tarpley
Yeah, they're criminals, but here's the thing, you've got to understand, the reason that you're seeing all these criminals is, as it's been said, When the tide goes out, you find out who's swimming naked.
In other words, a lot of the embezzlement, a lot of the theft, a lot of the abuses are now being revealed by the fact that a world economic depression is in progress.
And the roots of the world economic depression go back to people like Nixon, Kissinger, Arthur Burns, George Shultz, who's still around, so is Kissinger, meeting in Camp David, August 15th, 1971.
The wanton destruction of the Bretton Woods economic system, the fixed parities and gold settlement that had worked remarkably well since 1944 to allow the greatest increase in human productive power in all of recorded history.
That was thrown out under the pressure from the British, who were demanding gold payment.
Not the gold, not the French, but the British.
alex jones
And ever since then we've seen a Decline in production and standard of living and an increase in...
webster tarpley
It's been going down and risk, above all the growth of risk.
About ten years ago, the head of J.P. Morgan Chase went on television and he said, you know, my bank is in the risk business, meaning we gamble.
The J.P. Morgan Chase is a huge gambling casino.
Now that's not what they should be.
They should be providing credit loans to corporations for plant equipment and the creation of jobs.
alex jones
It should be an engine of growth and stability, not a crime syndicate.
webster tarpley
And above all, this aspect of derivatives as gambling.
It's simply a bet.
It's a bucket shop.
It's just a kind of gambling.
And if that's what you're doing, you have no ability to come to the public and say, look, we're a public utility.
You should bail us out.
They're not.
alex jones
Okay, go back to the point you were making earlier.
webster tarpley
The way that the risk came into the system is because of the, above all, the greatest risk of all is currency risk.
From 1944 to 1971, The currency risk was minimal, but the system was destroyed.
The British didn't like it.
The British wanted floating rates and competitive devaluations.
The Canadian dollar was kept floating the entire time.
alex jones
And they made speculation the economy.
webster tarpley
Basically, the speculators have taken over the economy under the aegis of risk.
The problem is, the entire system organized itself to protect against risk, and now you see that the credit default swaps that were supposed to be the way To remove risk, at least that's how they were sold to suckers, they are now the center of risk.
alex jones
Explain to people what a credit default swap is.
webster tarpley
Well, it's a kind of derivative.
It's a so-called insurance on somebody going bankrupt.
And now that they're all going bankrupt, this is bankrupting everybody.
So it's basically, it's a derivative in the sense that it's paper based on paper.
It has built-in options and futures and other things, and it can have thousands and thousands of elements.
Basically, the thing that people have to know is that it's cancerous, it's toxic, it should be illegal, and it probably has been illegal the entire time.
In 1933, there was an attempt to corner the wheat market in futures using options.
So futures options were used to try to get control of all the wheat in the United States.
That led, in 1936, to a very good New Deal law that said, Options on agricultural commodities are illegal.
They're a federal crime.
That remained in place until the great communicator Ronald Reagan came along, and he abolished that in 1982.
But again, the philosophy here is deregulation, privatization, and free markets.
Those are the slogans under which the entire regulatory edifice of the New Deal was destroyed by people like Gingrich.
Take the Glass-Steagall Act.
There's another great example.
The Glass-Steagall Act said, look, A bank is one thing.
Commercial bank is one category of institution.
You want to be a stockbroker, that's got to be separate.
All during the 1990s, the bankers agitated, no, no, we don't like that.
We want to have J.P. Morgan stockbrokers merged with Chase Manhattan Bank.
Now we want to have Goldman Sachs as a bank.
We want to have Morgan Stanley as a bank.
So you go from investment bank, which is no bank, but really just a stock jobber, brokerage, counting house operation, we want to make that into a bank.
This is absolutely nuts.
This was the first thing they did in the New Deal, 1933.
Carter Glass of Virginia, who was a very conservative guy, said, look, we've got to separate, we've got to have a firewall between anything that has to do with issuing securities of any kind and having responsibility for deposits.
That was abolished.
Take another example.
The uptick rule.
Under the New Deal, the Securities and Exchange Commission was created, and it said, you can't continue to short Sell short a stock if it's just going down, down, down, down, down.
Today they abolished that.
This character Cox, who's the head of the Securities and Exchange Commission, came in and last summer he abolished this uptick rule just in time for the great mudslide to begin, which is now...
alex jones
And just in time they make it harder for every citizen to declare bankruptcy just in time.
They set rules where companies can steal pension funds.
They plan this bank robbery very, very well.
Now let's talk about policy.
We know what needs to be done.
Versus what they're doing.
We have the circling of the wagons.
We have this meeting going on at the White House right now with Obama, and McCain, and Palin, and Pelosi, and Reid, and all of them in train.
webster tarpley
And Barney, Frank, and Dodd.
Don't forget Barney, Frank, and Dodd, because they are key.
alex jones
Yeah, they've been involved in the deregulation in the mid-1990s.
Clinton grandstanding saying how great McCain is today.
webster tarpley
Bob Rubin.
alex jones
Yeah, so they're all together now with a sales job, and they've dispatched their minions in every major city, and all over the media saying, we've got to do this, we've got to do this, we've got to do this.
Break that down.
webster tarpley
Well, I think in terms of the politics, the most important thing is to have a mass movement of people of goodwill of all types to oppose this kind of thing, but with realistic demands.
In other words, if people say, well, my goal is to go back to a world where there's no income tax and no taxes of any kind, this is a utopian program.
It's frankly crazy.
And if that becomes the program, then that's a failure.
It's a little bit like what the communists did, right?
The communists said, look, it's not enough to have radical reform.
We've got to have the complete revolution and the dictatorship of the proletariat.
This is crazy.
alex jones
And then you get 60 million people starved to death in China.
webster tarpley
It meant that in any situation where radical reform was possible, the communists would come on the scene as a saboteur of what would be the same.
It was really within reach.
So you've got to steer away from extreme ideological or utopian programs.
Now, the New Deal alternative, which I represent, is not utopian.
It is tried and true.
It is tested.
It has been done before successfully.
It worked then.
It would work now.
It's the only thing that worked.
If we had gone ahead during the 1930s with more of this Herbert Hoover, laissez-faire, deregulation, privatization, Okay, Webster, we got a break.
alex jones
We're going to come back and take calls from Chris and Brian and Lindsey and Matt and others.
Always intriguing.
Got Webster for about another 20-something minutes.
And I want to be specific when we get back, just briefly, about my view about the economic situation and my idea about New Deal-esque Uh, policies.
Uh, so, uh, I'm not particularly in favor of those, but compared to what we have, with just mass stealing of the entire infrastructure, it certainly is better.
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unidentified
Thank you.
Through the authority that has been delegated to us, it is time to destroy the destroyers.
The number of the mounted troops was 200 million, the vast majority of the population of the U.S. Though the people of the U.S., where their numbers and influence are strongest, have primary responsibility for reigning them in and bringing them to justice, all nations will participate since they reside the world over.
They are called Illuminati, elite, proponents of the new world order.
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They are of the line that was disinherited 2,000 years ago.
Everything they have built over the centuries, the wealth they have accumulated, the power they have established, the poisoning of the masses, the destruction of the earth and mankind, we will undo through the authority that has now been delegated to us.
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alex jones
Yeah, I want to get away.
I want to fly away, but I can't do that.
I have a family.
I have children.
This is my country, and I'm not letting the crime syndicate take it over.
They can either take over now completely, or we can expose their crimes and bring them to justice.
Look, the British banking system orchestrated the collapse in 1929.
unidentified
They restricted liquidity.
alex jones
They criminally consolidated land.
The Grapes of Wrath, that movie, you should go watch it, but it was much worse than that.
And then certainly the New Deal over the next eight years or so, leading into World War II, certainly that did create make work, that did set up jobs for people, a lot of folks didn't starve because of it, and so it's, you know, it truly is one of the lesser of two evils.
Because out of that grew the social services system, the CPS kidnapping rings, the federalization of our local police, the militarized control grid.
We now live under...
The problem is, in complex societies, you know, there is nothing utopic.
And so you're always going to have some type of governmental structure and system, and you're always going to have corrupt individuals who know there's great power and wealth in government and in structures, so the corporations are going to move in.
Not your corporations, some little ones, the big ones, folks.
Move in and take it over.
So the mainline conservatives say, oh, free market, leave it all to the market, leave it alone.
But then they use government power, government selective enforcement, to really create a system that is government.
It's not free market.
It's a corporate command hegemon.
It's a predatory, mercenary system of law of the jungle, with them beating their chest at the top of the temple.
Uh, and so certainly, do I want a $5 trillion bailout, as Bloomberg is saying it is?
Really, 500, you know, not 700 billion, but 5 trillion?
Uh, do I want that of the, of the bankers?
Uh, of the people that did all this?
No. Uh, now because they have de-industrialized us by design, stating it was to make us more easily managed, now that there isn't any, you know, real industry left, 80 plus percent of it gone, now that the people are in such debt through the Loan-sharking that's gone on.
That's all we can do now is take the power of the Treasury, use it for what it was meant to do, and they're already devaluing the dollar, so might as well go ahead and flood the real economy with capital to generate an infrastructure for us to live in and on.
And so, I think that's where, in the intellectual debates, people get into this libertarian camp or into the Kind of Webster Tarpley, you know, government helping us view.
The point is, the government is bad, it's out of control, it does horrible things, but because it's become a minion or a control panel for this international crime syndicate.
And it will certainly become that again if it's big.
But I say in the interim, use it to help the people survive, and then pare it down and control it in the future.
Webster, we're going to come back and take calls, but I needed to just add my view on that.
Do you have any comments?
webster tarpley
Well, if you look at history, I think you have a very hard time arguing government is always bad.
The one thing you probably can argue is that bankers are always bad.
Finance oligarchs, finance elitists, financiers, finance capital, you can argue that that is, if it's left unchecked, that will be evil.
The government could be good or bad depending on who controls the government.
I reject this notion big government is always bad.
You need a government that's powerful enough In some future moment, different than what we have now, with real leaders, a strong presidency, not a weak one.
Again, a Lincoln, a Franklin D. Roosevelt, even a Kennedy was trying to do this, to stand up, to say no to Wall Street.
Look at Kennedy, fighting Roger Blau of U.S. Steel, saying no to Wall Street, and forcing U.S. Steel to back down, when that was a gambit put forward by Wall Street.
Right now you have three possibilities.
You have a hyperinflationary bailout, which is what you're getting right now.
That leads to the fascist corporate state.
alex jones
We have stagflation.
We have a collapsing relationship.
webster tarpley
Sure, with the world economic depression, because it doesn't work.
You can't maintain the value of paper.
Otherwise, though, the people who come forward and say, do nothing, go back to the free market, that is a deflationary collapse right now.
And if you have children, you have to look at them and say, do I want the next five or ten years of their lives blighted and possibly ruined So that they can't go to college, that they can't get jobs, they can't have a normal life.
alex jones
But I see that as a fever, and I'm not saying I'm for that, I'm saying let's look at it, because that would bankrupt the police state, that would bankrupt the Pentagon control group, or let me finish, Webster, please, or it could actually energize that.
webster tarpley
If you look at 1932-1933, you'll see that the deflationary collapse occurred in 1930, And Herbert Hoover said, oh no, I can't do anything because that would violate the free market.
And the depression just got worse and worse.
And in Germany it got bad enough so that you could have an actual fascist seizure of power.
alex jones
No, no, I agree.
I mean, that's, it's a wild card.
And so I agree with you that letting it implode has a lot of really dangerous aspects.
That's why they built the police state.
They intend to go to that physical fascist model.
And so when we come back briefly, because I want to go to calls for you, briefly then talk about the other alternative.
Webster Tarpley is our guest.
Infowars.com and PrisonPlanet.com are the websites.
My new film, Truth Rising, is now available.
unidentified
We're on the march, the empire's on the run.
Alex Jones and the GCN Radio Network.
tom brokaw
Today, unlike any other in the long course of American history, a terrorist act of war against this country.
unidentified
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Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
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alex jones
From 11 a.m. to 3 p.m. Central.
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And Sundays with an abbreviated transmission from 4 to 6 p.m. Central Standard Time.
Strangest thing, I got contacted yesterday by the folks with Great White.
That's the music you hear right there.
They're gonna be in Texas doing an event and we're I was being invited down to that.
Baby, baby!
I guess everybody's listening to the show and they know I'm a fan.
I'm gonna go back to Webster Tarpley.
Just a moment.
Man, it's hard to turn music off like this.
Crank it up for 30 seconds.
unidentified
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alex jones
All right, that's enough.
We've got to get back to the real world.
What's happening?
unidentified
Be alone is a nowhere state of mind.
alex jones
Webster Tarpley, recap those three different scenarios.
You hadn't got to the third yet.
webster tarpley
The three of these, the hyperinflationary bailout, and CNBC is now reporting that the congressional leaders have announced The agreement in principle on the $700 billion bailout with some, you know, window dressing and stuff about no golden parachutes and some other stuff to make it look good, which is kind of big.
You have three possibilities.
The hyperinflationary bailout, which is an attempt to maintain paper values by pumping in money.
It doesn't work.
It's a failure.
This leads then to the fascist corporate state, but it also leads to things like the junkification of treasury bonds, the collapse of the dollar, and so forth.
Then there's the free market alternative.
The free market alternative says do nothing, and then you're going to get a deflationary crash.
In other words, then you're going to get a situation where chain reaction bankruptcies go through the big commercial banks and the banking community, and ultimately everything grinds to a halt.
alex jones
possible road warrior scenario.
webster tarpley
You're going to have no food in the supermarkets in a couple of months, right?
Or weeks.
The third possibility is New Deal measures.
The New Deal measures would be wipe out derivatives.
Seize bankrupt banks and triage them.
Some of them should be shut down.
Some of them might survive.
But wipe out the derivatives.
Delete them.
Cancel them.
alex jones
And I say arrest a whole bunch of the criminals engaged in derivatives to send a shockwave through so they know the predatory activities in the markets are over.
webster tarpley
Absolutely. You want to do some high profile arrest.
I'm all for that.
Stop foreclosures!
All the politicians now say, keep people in their homes.
Great! Let's have a uniform federal law.
If you foreclose on anybody, you go to Leavenworth.
If you shut down a farm, a business, a taxi company, a trucking company, a ferry, a railroad, an airline, any factory that produces anything, a dry cleaner, anything, you go to federal prison if you try to shut that down over questions of debt.
alex jones
Because people are literally Surviving on that.
And people are saying, well, you can't do that.
Oh, we can bail out the criminal bankers, but we can't keep our factories open.
webster tarpley
We want to have a bailout in reverse.
We want to bail out production and people, not bankers.
The other thing I think you've got to do is guarantee the social safety net.
In other words, we're going to need unemployment insurance.
We're going to need food stamps.
We're going to need WIC for pregnant women to have enough protein so you don't get cognitive defects.
Yes, well I think the step to step for investment then is you've got to say, look, the Federal Reserve is a failure.
When the Federal Reserve was instituted back under Woodrow Wilson, the argument coming from Rockefeller and his school of thugs was, if you get the Federal Reserve, you'll never have a financial panic again.
Well, it failed in the 1920s by stoking the bubble.
They were doing that to try to support the British Pound for various reasons in the 1920s.
The Federal Reserve is responsible in many ways for the Great Depression of the 1930s, and above all, the Federal Reserve has absolutely failed as a regulator To deal with derivatives.
Greenspan, bubble of Greenspan, at the Fed in the 1990s, is the number one person responsible for using derivatives.
alex jones
But I'm saying, arrest Paulson, arrest Bernanke, they certainly need to be arrested.
webster tarpley
And Greenspan, don't forget him, and don't forget Wendy Graham, the wife of Phil Graham of the McCain campaign, when she was at the Commodity Futures Trading Commission in the very end of the first Bush administration.
alex jones
Well, let's go over a list.
Who needs to be arrested?
webster tarpley
Well, Paulson, Bernanke, Cox, Greenspan, Wendy Graham, probably Rubin and Summers from the Clinton administration.
We want to be even-handed.
alex jones
What about the heads of these brokerage houses we know have committed crime after crime?
webster tarpley
Yes, we have Jamie Dimon, above all, at JPMorgan Chase, and so forth.
You can go through the list.
Bear Stearns, I'm sorry, of Lehman Brothers, and what's his name there?
alex jones
By the way, the head of Lehman Brothers made three billion bucks as CEO.
webster tarpley
And again, the main thing is putting these people in jail is a deterrent, but that won't help you, that won't prevent you from starving.
alex jones
By the way, folks, don't think that we can't do this.
This is how big things start.
We've got to start talking drumbeat.
Arrest them, arrest them, arrest them.
unidentified
...
alex jones
and continue.
They're taking the bailout money already!
The bailouts they got in the last year, and using it to run around leveraging the market.
webster tarpley
Put them in a situation where they'd be concerned about bail, not bailout.
alex jones
Absolutely. Okay, Webster, I'm going to take a few calls here.
I want to get you back up, not late next week, but early next week.
webster tarpley
It's too much.
alex jones
Too much is happening.
Chris in Alabama, you're on the air with Webster Darbly.
Hello? Yes, sir.
unidentified
Hello, this is Chris Mobile, Alabama.
I'm running a meet-up group down here, and just, I had some ideas.
Yesterday I had a bunch of our members It's mainly Republicans against it.
alex jones
Democrats are hopping up and down for the criminal bailout.
webster tarpley
Said but true.
unidentified
And then Sessions is also the ranking Republican on the Finance Committee, who's a fairly good guy to target.
And I'm just putting a call out to anybody that's listening to this show to...
The call sessions, call his office in Washington, call his local office, send him faxes, do whatever you can do to kind of keep the heat up.
Let him know that, you know, we're thankful for his opposition so far, but we don't want to see him do a turnaround because, you know, it's the whole bait and switch thing.
alex jones
Tell them we want a bailout because, see, they don't want to do nothing and they get blamed for a depression.
Tell them, no, we want bailouts for the American people.
We're going to pay for it anyways.
And by the way, folks that are rich, we're not going to have an economy if we don't bail the working class, blue collar, and lower middle class people out.
I mean, if there isn't some basic bailout for the American people, the real economy is dead.
You can pack up and leave the United States, and the depression that's going to ensue, Tarpley, do you agree this, a depression in the U.S., which we now see forming, will suck in the rest of the world?
webster tarpley
Absolutely. It'll be a world crisis.
And remember, the problem you have in the U.S.
now is that since industry was destroyed under Volcker, Carter, and the first trilateral commission regime, like Obama now, everything is now imported.
The standard of living necessary for human life in this country now depends on international export financing, which is going to be destroyed.
alex jones
We've been made to be dependent by design, and a bunch of satanic, senile men are running it all.
Chris, anything else?
I appreciate your call.
Anything else?
And folks, what I'm saying is, and I appreciate your call, I am for moving towards the free market.
I am more the Ron Paul school, not entirely, it's kind of a hybrid between the two, because I know that there are no utopias, it's a process, but we're like a man who has Been in a life raft for two weeks, sunburned, lips parched, cracks in our skin.
Living on subsistence rations who can't walk, and so that's why we have to have a bailout of the American people, because we may die on the shore if we don't have that.
And so that's what I'm saying.
Webster, you like that analogy?
webster tarpley
One good example, LIHEAP, the low-income heating assistance program of the federal government.
It was supposed to be in the previous bailout, but Obama and Goolsbee said no to it.
Now, any place where it gets cold, and that includes a lot of places, You're going to have people freezing to death this winter in the entire northern tier of the United States because the LIHEAP money runs out because there's not enough money in the LIHEAP fund in order to buy oil, heating oil, or kerosene, or whatever people use.
unidentified
It's simple.
alex jones
They cannot argue with us.
Before they bail out international bankers, which shouldn't happen, but just for the sake of debate, they help the American people first.
They get the economy going again with a real stimulus.
webster tarpley
You could take the $700 billion, if you want to have $700 billion, here's what you can do.
$15 billion of infrastructure in every state.
I mean, you'd have to sort of average it out, because some states are much bigger.
But an average of $15 billion per state, right?
Obviously less for the small ones, more for the big ones.
You could then begin to rebuild your railroad system and your highway system.
alex jones
And all of that localizes, it localizes the money, and it goes into the economy.
webster tarpley
Yeah, absolutely.
Yes, you would basically give that to state governments, and they would subcontract to the private sector.
It's not a government program in that sense.
It does not create the federal infrastructure corporation, except if the bankers refuse to do it.
In other words, if you can't get something produced in the private sector, if they refuse, then you have to go ahead and do it anyway.
alex jones
Well, I don't think it's fraud, so we just seize their assets.
webster tarpley
Let's go ahead.
In this case, it's clear that infrastructure companies would be glad to get those contracts And that would immediately begin to deal with mass immiseration, mass unemployment, and put a floor under the economy.
alex jones
All right, Brian in Illinois, you're on the air with Webster Tarble.
Go ahead.
unidentified
Hi, Alex.
Hi, Webster.
I'm a big fan of both of you.
webster tarpley
Hi. Thank you.
unidentified
I read Synthetic Terror, and I've seen Endgame, and it all makes sense to me.
I just wanted to say that I thought last night the little sock puppet, he got up there and threatened me under Bush.
webster tarpley
Oh, okay.
unidentified
He threatened the American people and their Congress.
I mean, basically, either bail my cronies out, or I'm going to burn your economy down.
It's like Julius Caesar's family.
You know, pay fire insurance premium, or I'm going to burn your house down.
webster tarpley
Look, I would say there is a real economic crisis.
This is a real economic depression of unimaginable proportions.
The point is, it may not be quite as As rapid as he says it might be.
It's hard to say.
But he's obviously doing this to try to stampede people.
It's similar to what he did at the 9-11.
alex jones
It's clear financial terrorism.
Paul Watson has a great article on prisonplanet.com.
We need to get out to everybody.
Where it breaks down.
This is financial terrorism.
unidentified
It was a threat, Alex.
A threat.
webster tarpley
It's an attempt to extort what he wants.
And of course at that point you have to say no, don't do it.
alex jones
And by the way, did you see the look on his face?
He was so predatory.
I mean, it was a...
He is a real son of a bitch.
webster tarpley
He has no power.
He's just a walk-on part of this.
alex jones
He's a cut-out.
He's a cut-out.
webster tarpley
Power is now located in this principles committee, the committee of public safety.
That would be Paulson, Rice, Gates, Mullen.
Those are the most obvious.
And of course, Paulson wants to be named economic dictator of the United States.
He wants to live in a juridical vacuum where he could presumably commit federal crimes and nobody could touch him because of the provision in this In this three-page thing that they sent, right, saying that Paulson is henceforth untouchable and above the law.
alex jones
Now, that obviously couldn't fly, but that makes Paulson and the private banks divine right of kings, god, emperor.
webster tarpley
Robespierre, the uncorruptible, is above everybody else, because Robespierre didn't end up too well.
So the main thing now is to mobilize to oppose this, and remember, it will fail.
You cannot maintain paper values.
For worthless derivatives.
The intrinsic value of derivatives is zero or negative.
If you remember the old Little Abner comic strip by Al Cap, there was something called the Rasputnik.
I think they meant the ruble in those days.
And they said the Rasputnik is a currency with negative value because it's a nuisance and you gotta pay somebody to come and cart it away.
You gotta pay a sanitation man to come and get rid of it for you.
Derivatives are of that nature.
Derivatives have zero value.
alex jones
They're only good earlier in the Ponzi scheme when schmucks are still taking them.
webster tarpley
Yes, I guess so.
It's based on a mass delusion, and now that mass delusion is coming to an end.
And again, if they want to be serious, when we make these arguments, these are basically killer amendments that clearly represent the public interest that ought to be attached to this bill.
One of the things that could be attached to that bill as a wonderful killer amendment is ban all derivatives, outlaw derivatives.
They were always illegal.
We didn't have any derivatives to speak of 15, 16 years ago.
It's all something that came under the Greenspan, fed the Wendy Graham.
alex jones
No, I totally agree with you.
Here we go.
Thank you, Brian.
Let's talk to Lindsey in Idaho.
You're on the air with Webster Tarpley.
Go ahead.
unidentified
Hello, Alex.
Hi. Hey, I hope you're feeling better today.
alex jones
I am.
unidentified
Okay, I have two quick questions for Mr. Tarpley.
I believe they're both related.
I heard, though, a couple of days ago on your show, Alex, somebody mentioned about annuities that people have that are issued either by insurance companies or, I believe, banks issue them.
alex jones
Yes, those are not protected by the FDIC.
unidentified
That's my question.
In other words, if the insurance company or the bank that issues the annuity to this person goes under, then it's not worth the paper it's written on.
Is that correct?
webster tarpley
No, it's not, because you have the Federal Deposit Insurance Corporation that insures Deposits up to $100,000 in commercial banks, and that's all.
alex jones
And then you have AIG that was insuring the annuities, understand?
webster tarpley
Look when you go into your bank, there's a sticker on the door that says FDIC insured.
If you have a credit union, there's a similar federal credit union insurance entity.
alex jones
And its $50 billion has almost run out.
They're asking for more now.
Go ahead, Webster.
webster tarpley
Naturally, that could be replenished.
And that's another part of the safety net that has to be replenished.
That's where money should go.
alex jones
You better believe they better give us our fiat crap when we go in for it.
See, folks, we're not even talking about you getting your money out.
webster tarpley
Yeah. But the annuities, these are generally sold by insurance companies.
they are iffy.
Now, you're going to find people on television saying, well, insurance companies are heavily regulated, that's fine.
But in a real economic panic breakdown crisis of the type we're facing now, I think annuities are in question.
The other problem with annuities is the reason you get sold these things is the guy who sells you the annuity makes a tremendous commission.
They sell it to old people who don't know what they're doing because the guy who sells it to you makes more money on an annuity than anything else he could Let's stop right there.
alex jones
Matt, Scott, Bill, John, I'm going to get to you, but Webster's got to go, and I've got to get on to some economic news.
We've got Ron Paul coming up here in just a few minutes, so everybody stay with us.
I want to give Webster the last minute to plug his second book on Barack Obama.
I carry his first book at InfoWars.com, but you've got the last minute, Webster.
Tell folks about the new book.
unidentified
I have two books.
webster tarpley
One is Obama, the Postmodern Coup, the Making of a Manchurian Candidate, and that you should order straight from Alex, and I hope soon also Barack H. Obama, The Unauthorized Biography, and that is the story of Obama as a poverty pimp.
Everybody wants to know, what does it mean to be a community organizer?
Well, it means that you're working for a foundation like the Ford Foundation.
Their task is to defend the existing social order, meaning the existing ruling class.
alex jones
He manages tribal reservations.
That's what poverty pimps do.
webster tarpley
Poverty pimps take suffering Uh, people, poor wretches, and turn them into dupes and assailable committee political commodities.
So, spread the word, Obama is a poverty pimp.
And he wants to be president.
He's a divider.
alex jones
He's a splitter.
webster tarpley
And he works for the foundation.
alex jones
And so you've got Obama, the biography by Webster Tarpley available at Amazon.com.
Give that title out again, Webster.
Give the title of the book out again.
webster tarpley
It's Barack H. Obama, The Unauthorized Biography.
Please buy it at Amazon.com.
Selling that at Lulu.
david miller
On September 11th, 2001, along with hundreds of my fellow troops, I went to ground zero.
And we knew what to do.
Or at least we thought we did.
alex jones
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unidentified
Whitman, EPA, Director on the 18th made a statement that the air was safe to breathe.
alex jones
This film follows the growing momentum of 9-11 truth as brave souls throughout the world take action against their global masters.
kevin mcpadden
He had his hand over the radio while he was getting a countdown.
He takes his hand off and you hear three, two, one, and it was boom, boom, boom, boom, boom.
alex jones
This is an emergency transmission worldwide.
Download Truth Rising at PrisonPlanet.tv and aggressively spread it worldwide.
Or order the DVD at InfoWars.com.
If we don't expose the government-sponsored terror, they're going to commit more acts and bring in martial law.
unidentified
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hear the train coming It's rolling around a bit And I ain't seen the sunshine I don't know when I'm stuck in foes in prison And time keeps dragging over But that train We are steaming towards an interview with Ron Paul coming up in the next 10 minutes.
alex jones
He's going to be calling in.
Later we're going to be playing some clips of George Bush last night and going over what's happening.
The United States is being imploded by the New World Order right now.
And they've got the police state in place, they've got the FEMA camps in place.
We need to have a loss of confidence in this criminal government.
If we allow them to do what they want, it's not the government anymore, they will win.
Now, I'm so busy And then Coast to Coast AM and doing other interviews.
I got one with Texas Monthly tomorrow morning.
I'm glad I just remembered that.
You know, all this stuff going on, National Geographic calling up, that I don't, I mean, I haven't even had time to get my finances properly in order.
You know, I'm just here at my machine gun on the front lines.
The point is, I believe in gold and silver.
And I believe that for people that still have paper assets, you're out of your mind.
If you don't move into gold and silver and Ted Anderson the owner of Genesis Communications Network has been laying out this for years.
He is able to get into gold when it is lower than it currently is to offer it to you at below spot and at near spot at just incredible deals and you know Ted give me your take on what's happening financially right now and then give folks today's offer.
unidentified
Well, it's just like Webster was saying.
ted anderson
We're looking at an inflationary depression.
If we finance this deal, if we don't do anything about it, we're going to go into a deflationary depression.
We really need to get away from this Federal Reserve System.
We need to get into honest money, because this isn't going to help.
This $700 billion bailout is just the tip of the iceberg.
And like Bloomberg said, it's going to be closer to $5 trillion.
unidentified
Right now, the nation's debt is at $9 trillion.
ted anderson
You add $5 trillion to it, you're almost Doubling the debt, or I'm sorry, almost increasing it by 50%.
That's just ludicrous.
I mean, to put that much new currency into the system is just going to destroy the value of the money.
unidentified
Right now, without a question, yes, indeed, there are some really great buyers right now.
ted anderson
The British Sovereign right now is trading at $241 per coin.
That's a couple bucks less than it was the day before.
unidentified
I think it's like $5 less.
ted anderson
And then we have the Swiss francs and the French francs, that stuff.
One ninety six, that's about a dollar and a half, two dollars lower.
And then we have the mercury dimes.
The walking liberty halves I can't even get anymore.
unidentified
We were talking about those earlier on last week and they're sold out, gone.
Now the mercury dimes are starting to dwindle away and there's going to be no supply there.
See people think that just because the gold and silver market comes down a little bit that the supply is increasing in the physical markets.
It's not.
ted anderson
People buy this stuff and they put it away.
They're not buying it to trade.
They're putting it I hope they never do!
unidentified
Well, at least we won't have to listen to him anymore.
alex jones
Well, if you Google gold shortage, silver shortage, they're trying to suppress it, the price they can.
It's gone up over a hundred bucks in the last week.
And all they're going to do is devalue the dollar, and the dollar's already a dead duck.
They're just trying to pile more.
ted anderson
The United States dollar, the Federal Reserve note that we're trading today, is a dead duck.
You've said it just like, you know, that is just exactly right.
What's going to happen is that dollar's going to fail.
unidentified
Call us at 1-800-686-2237.
ted anderson
Everybody knows that the dollar's toast now.
unidentified
There's nobody out there that thinks that this thing's going to last.
Again, 800-686-2237.
ted anderson
Get out of the paper, get into gold, because that's honest money and been money for 6,000 years.
The United States government can't mess with that.
alex jones
Absolutely, it's been performing at over 30% a year, while everything else has been in the negative.
Stay there, Ted.
unidentified
Thank you for listening to GCN.
Visit GCNlive.com today.
tom brokaw
Today, unlike any other in the long course of American history, a terrorist act of war against this country.
unidentified
The enemy struck America on September 11th.
But who is the enemy?
Bin Laden.
This is his M.O. We have to look to the Middle East.
We have to look to Osama Bin Laden.
Fabled Enemies is the first 9-11 film to take a close look at the terrorist ties to intelligence networks inside the United States.
brit hume
Some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S. I'm aware that some Israeli citizens have been detained.
unidentified
Bin Laden's connections to the CIA, the hijacker's ties to the FBI, the Saudi Arabian connections Either you are with us, or you are with the terrorists.
war on corruption.
Alex Jones on the GCN Radio Network.
Alex Jones on the GCN Radio Network.
Big Brother.
Mainstream media.
Government cover-ups.
You want answers?
Well, so does he.
He's Alex Jones on the GCN Radio Network.
And now, live from Austin, Texas, Alex Jones.
alex jones
Well, we're into the third hour.
Congressman Ron Paul scheduled to call in in the next five minutes.
I forgot to ask you, are we calling him or is he calling us?
You have his number?
You weren't told whether we call him or he calls us?
Why don't you call and find out from the crew, okay?
Let's nail that down right now.
I scheduled a date after.
Okay, going back to Ted.
Ted, give them the two gold coins you're offering at discount and the silver dimes.
Explain those to people and what the price is.
ted anderson
Sure, okay.
British Sovereign's 241.
unidentified
That's a quarter ounce gold piece.
ted anderson
And it is.
unidentified
It's a really good buy right at this time, and especially small gold.
ted anderson
I mean, this is the kind of stuff that you can put into the sole of your shoe and walk away with and have as money.
Back in the Weimar Republic, when that fell apart and the Nazis were coming in, and people were fleeing for their lives, they had to use things that are of real wealth.
And paper Weimar Republic notes weren't doing it.
You could have been a multi-millionaire, you'd have been wiped out.
But if you had pieces of gold, diamonds, emeralds, jewelry, that kind of stuff was valuable.
unidentified
Obviously, this gold is going to be valuable.
Gold was valuable when the Egyptians were living on this world, and it hasn't lost its value since.
This United States currency was attached to gold through 1971 and didn't truly become fiat until after that point.
ted anderson
And now you can see what's going on.
unidentified
You should have something that's real, something that's solid, something that you can actually use as money.
ted anderson
If things really get bad, and we know they're going to.
unidentified
So there's no sense in even playing around with this thing.
ted anderson
And another thing, Alex, the reason why you have a credit implosion, I don't think a lot of people understand that money comes into existence through...
unidentified
the creation of a loan that's what the federal reserve is it's a bank and it lends us the money and that's how it gets into the economy but every time you see these defaults occurring that means that that money that's been lent into the economy disappears into the same black hole that it was created from it goes away And that's why these banks collapsing.
ted anderson
That's the real issue there.
unidentified
Allow these banks to collapse and the money supply dries up to nothing and there's no currency for commerce.
That's why you don't have food in the grocery stores.
Everything comes to a screeching halt.
ted anderson
And we obviously need to get away from the system because the people of the United States shouldn't be forced to take on debt in order to have economic commerce.
unidentified
That's a crazy Crazy notion that it would even accept something like that and yet it was sold to us in 1913.
ted anderson
Now we're sitting here, the dollars imploding, and the companies that created these derivatives and all these different things, You know, they're all falling apart, and it just doesn't make sense.
unidentified
It does not make sense to have your money in the bank.
ted anderson
It doesn't make sense to have your money in annuities.
It doesn't make sense to have your money in any of that paper stuff.
alex jones
Absolutely. We've got people calling up, freaking out, going, my annuity isn't insured.
They don't believe us.
Then they call their insurance company, their annuity, and they go, yeah, it's not insured.
So, yes, ladies and gentlemen, we're telling you the truth.
Give the brokers a call.
You know, test Midas out.
Buy a few gold coins, a few silver coins.
Test it out.
1-800-686-2237.
I believe gold's only going to go up.
All the market fundamentals state that as a law of finance, a law of currency, a law of economics.
But bottom line, this is something that is real.
This is something that is scarce.
This is something that has intrinsic value anywhere in the world.
800-686-2237.
1-800-686-2237. The brokers are there until midnight.
Ted, can you, because that's another great deal, these deals you've been offering have just been amazing, can you hold that deal again to midnight tonight?
ted anderson
I most certainly will.
unidentified
Give it higher hell or high water.
I don't care where gold goes.
ted anderson
I'll hold it until midnight, and then we'll watch and see what happens tomorrow.
unidentified
We may even be able to do it for tomorrow.
alex jones
Briefly, gold's been all over the place today.
I know it was up this morning.
Where is it right now?
unidentified
Well, right now, the last time I looked, gold was at 873.40.
ted anderson
It had a high today of 891.40.
unidentified
There's this gyration going on because they don't know what's going to happen in Congress.
alex jones
Open discussion of depression and things.
Call Midas Resources today, 800-686-2237.
Let me give you that number again, folks.
I wouldn't procrastinate on this.
I don't need to procrastinate.
800-686-2237.
Ted? Thanks for popping in with us for the segment.
I really appreciate all you're doing.
unidentified
Yeah, thanks.
I'm gonna go get back to shipping this stuff.
ted anderson
We're way behind, so I gotta get on it, okay?
alex jones
It is crazy.
All right, here we go, ladies and gentlemen.
unidentified
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From his Central Texas Command Center, deep behind enemy lines, the information war continues.
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