Alex Jones, Steve Quayle, and Dr. Paul Craig Roberts dissect a looming economic collapse driven by a $2 trillion deficit and alleged corporate receivership, predicting hyperinflation worse than the Great Depression. They allege FEMA camps await under martial law, while CIA-scripted events and gun control disarm citizens before a globalist takeover. The trio warns of biological attacks, suitcase nukes, and a cashless New World Order, urging listeners to buy storable food and support alternative media against what they describe as imminent physical conquest and systemic betrayal. [Automatically generated summary]
On this 8th day of January 2009, this Thursday edition, Steve Quayle joins us in 30 minutes for an hour to talk about the economy, what's happening in Israel, and with what the big surprise is coming up on January 21st from Barack H. Obama.
That and a host of other important issues.
Then, Dr. Paul Craig Roberts joins us to go over the Gaza situation from his perspective, also the economy.
He's the former head of policy at the Treasury and the father of Reaganomics.
And then, for an hour and a half today, we are joined by David Icke.
And we could have him for two hours, but I have a little surprise in that last 20-30 minutes.
of the show that for the viewers out there on PrisonPlanet.TV when we simulcast the last two hours and of course for the radio listeners.
But Steve Quayle, Dr. Paul Craig Roberts and David Icke on January 8, 2009.
So that is coming up today, ladies and gentlemen.
Well, it wasn't hard to predict it.
The police have basically decided not to charge the individual who cold-bloodedly shot a poor black man in the back.
The bullet then bounced off the concrete.
He was spread-eagle with an officer sitting on his head.
The bullet went through his back into the concrete, bounced back up in a mushroom formation, and ricocheted through his lungs.
He died about an hour later at the hospital.
And I'd seen two different videos.
First, the police said that there were no videos.
Then it turned out they'd confiscated videos and claimed that the videos were not working there at the DART station.
They confiscated citizens, now known as civilian slaves, cameras.
But it turned out two people had gotten video.
Now another video has surfaced that police weren't able to confiscate.
And now I've seen more of this officer's body language up close, and he looks like he's completely out of his mind.
He's resigned from the force, and now the police are saying, well, we're no longer involved in this because he's resigned, so now it's not our issue, and now Eternal Affairs isn't investigating.
What does that mean?
So if a cop murders somebody, either capital murder, Premeditated or whether it's it's manslaughter Whether it's accidental and I think clearly it's it's pointing towards capital murder.
Now. This guy's a lunatic I mean I could see him getting off on a insanity plea maybe Because you watching he pulls the gun out.
He cites it and you know, you know the difference between a Black what looks like a Glock or Heckler and Koch, you know classic standard-issue Handgun, looks like 9mm.40 cal, something along those lines.
We don't know yet.
They've kept that secret.
And he sights it, holds the shot for about two seconds, and shoots the guy in the back.
Now, I'd said maybe it was taser confusion.
But now, watching him from a closer video angle off somebody's cell phone camera, he looks like a vampiric demon or something.
He looks like Bela Lugosi.
His eyes are completely crazed.
He looks like a lunatic.
And I'm not trying to get the guy off.
I mean, I was saying, could be taser confusion, but still, why would they pull a taser when the guy spread eagle on the ground with cops sitting on his head?
Why did they lie and say there weren't videotapes?
Or recordings?
Why did they lie and say there was a scuffle going on?
And the media shows the video and says, you can see a scuffle.
There's no scuffle.
The guy's laying there.
One cop jumps on his head so he flinches.
You see him in pain.
Slightly flinch, I guess his hands move off the ground about two inches, and I guess that's a death penalty.
Hey, when we jump on your head with our knees, when we jump on your neck, if you flinch, and the poor guy's begging, he's saying, please, I got a four-year-old daughter, please don't tase me, because witnesses said the cop was threatening to tase him.
They just murdered him.
Now there's been riots in San Francisco.
Hello, friends.
This is Alex Jones.
I've told you for a long time it's important to be self-sufficient, and today that's more important than ever.
We need to be independent, and food and water is the key.
You'll never have to stand in a bread line if you have your own bread.
You'll never have to go to the Superdome and beg for FEMA to take care of your family in any emergency if you simply prepare.
Our elected representatives wanted a good old boy bailout with a special interest, so they ignored your screams not to do it.
They turned off the telephones and email.
they voted to print eight hundred fifty billion dollars at least out of thin air.
This money now owns the American and European banks.
The exploding inflation that is now guaranteed will slash your life savings to nothing and blast the cost of necessities, particularly food beyond many Americans reach.
In pre-Nazi Germany's super inflation, the cost of a loaf of bread doubled every two days until it reached over four billion marks.
The private banks merging with our government are refusing to loan grocery stores enough money to restock their shelves.
The stores have less food but jack up prices to stay in business.
Whatever happens in America, we need to be prepared and be ready.
Everything is zeroing in on food.
One third of Americans have to choose between buying food and paying for other necessities.
My friends, whatever it takes, get prepared, get self-sufficient, get food.
And for everybody out there listening, it's very important for you to understand that by having a supply of storable food, the government, the New World Order, has a lot less control over you.
And so it's a mindset, a mindset of self-sufficiency and preparedness.
No one is going to take care of your family in the final equation but you.
You know eFoodsDirect.com is still able to ship storable food that's safe from E. coli, salmonella, genetic alteration, or Chinese imports.
And they do it at almost half the cost of last year's grocery prices.
Call 1-800-409-5633 or on the web go to eFoodsDirect.com.
Visit eFoodsDirect.com and look over the fine list of high quality, freeze-dried, and dehydrated foods they have to offer.
Watch the free videos, look at their online catalog, or give them a call at 1-800-409-5633.
Again, 800-409-5633 or on the web at eFoodsDirect.com.
Take action today.
The first step is getting storable food.
unidentified
you He's the T-Rex of political talk, Alex Jones on the GCN Radio Network.
Protest over bark shooting turned violent, San Francisco Chronicle.
I watched video of it.
When police started getting in people's faces and telling them to disperse, that they were not an authorized, permitted crowd, they began throwing soda bottles and things at the police car windows.
The police began firing rubber bullets at the crowd.
And you know why the people are doing this?
They don't like seeing a fellow human being murdered execution style, and then the system making excuses for it.
If you want any respect from the public, you have to punish your officers when they murder people in cold blood.
But no, you've been caught lying, which is par for the course.
And we had a former top Texas police narcotics officer in here yesterday talking about how 85% of the narcotics officers he knew, including himself, planted drugs on people in their cars, in their homes.
They used informants to do it.
And he's now running stings across the country.
And he's set to have a national TV show, by the way, showing all of this happening and going on.
Incidentally, we're going to give him a radio show here on Genesis in the next two weeks, regardless, out of my studios.
He's already done one on XM.
But I was guessing 60%.
You know, I didn't say that on air.
I said, when we come back, we'll find out what percentage, on average, of narcotics officers plant drugs.
And I was going to say 60%.
He said, no, about 85%.
And I've interviewed famous New York detectives.
The one guy who, what, Swartz was his name, who, several of them, but back in the 70s, Over 70% of the detectives in narcotics got fired in New York City.
It turned out they were dealing drugs.
But I was trying to give the police the benefit of the doubt and saying 60% plant drugs.
And he said, no, it's more like 85%.
Now let's be clear, that's narcotics officers and narcotics task forces.
Your average beat cops, from my studies, it's very rare for the, you know, the traffic officer Or bike cops to be out planting drugs.
Very common for the FBI.
Very common for narcotics officers.
And this goes to the heart of our judicial system.
They've now done DNA tests.
Nationwide, on average, over 30% or right at about a third of death row inmates are completely innocent.
In fact, many times people on their deathbeds confess that they really committed murders, and then they go DNA test the person that confesses they did it, and it turns out it was their DNA and not the person sitting on death row.
I've always been for the death penalty.
I mean, I believe if somebody kidnaps a child, rapes them, and kills them, and you've got incontrovertible evidence, execute them.
But I do believe that it's better that ten guilty men go free than one innocent man fry.
The police have the attitude, though, that, oh, I'm sure you did something wrong.
I'll never forget when I was a teenager in Dallas.
Other than getting in a lot of fistfights, I was very clean.
Again, didn't like drugs.
I tried a few every time I hated them.
I liked alcohol.
When we could get our hands on it.
That was it.
And they would just call kids in all day long to the office, not just myself, and say, we know you're a drug dealer, we know you're stealing stereos, and you're going to work for us now.
And I said no, and then they got very upset, but I mean, this is just standard.
And I'll never forget the cops saying, well, if you didn't steal those stereos, I know you're doing something illegal.
And I was self-righteous and said, yeah, I've stolen beer out of the golf carts.
That's how teenagers got their beer in Rockwall, Texas.
is there were golf courses all over the community in different neighborhoods and before I even had a car or a motorcycle or a moped we would walk sometimes a couple miles over to our buddy's houses and I only stole beer a couple times but I had buddies did it all the time to the point of they started not leaving their ice chest in the back of their golf carts and they'd all be in the different golf I'm already digressing with this story.
The point is, is that I've said, yeah, I've stolen beer.
We know you've done a lot more than that.
This was years after I'd stolen beer out of ice chest.
Can you imagine being 13, 14 years old and you run up, grab a six-pack, a bottle of wine out of the back of the ice chest, run off in the woods and drink it with your buddies and roll around in the leaves?
That's about the extent of it.
Oh, and there was a convertible.
We could go to one Easy Mart.
We had to walk about two miles because the other convenience stores on the main highway by our neighborhood wouldn't sell youth cigarettes, but the Easy Mart would.
But I did one time, there was a convertible open with a pack of Marlboro Reds laying on the dash.
Let's just have a little confession hour here, and I grabbed that pack of cigarettes and I smoked them.
But that's it.
That's the extent of my great thievery.
Meanwhile, we're criminals.
The entire population are criminals, and we deserve it.
We deserve to be shot in the back because, you know, assuredly we did something wrong in our lives, or we deserve to be framed for a murder because assuredly we did something wrong in our lives.
But then the police just run around framing whoever they want, stealing houses, stealing homes.
And that's okay.
That's a wonderful thing.
Coming up later, I'm going to play a clip from San Francisco News.
Dealing with the crowds.
It's also posted up on Infowars.com and PrisonPlanet.com right now, as the public fights back.
And if these riots were to continue, the police would just dress up like protesters and then attack old ladies on video camera and then say the public was attacking old ladies as a false flag to demonize the protesters, as they just got caught doing in Greece, as they just got caught doing in Denver.
It's admitted.
Police admit it.
Caught in Denver.
As they got caught in Canada, as they got caught in Seattle, I mean, we're constantly catching them.
I'll say Austin police aren't as bad.
They were just pawing for violence and trying to shove a few people when we had the Fortune 500 back in, what, 1998 in Austin, Texas.
And I got in their facial cameras and said, you're police.
And then a bunch of cops ran across the street and said, back off, Jones.
And then they inserted two more cops, but they stopped stirring up trouble.
Because they had riot cops across the street.
We were about to march from the Capitol to the Fortune 500 at the Four Seasons Hotel on the river, eight blocks away, and they wanted to rubber bullet us.
They wanted to go into that crowd of 400 protesters, maybe 500, and they wanted to bust some heads to then get more Riot funding, more police hired.
But it didn't work because I know a 6 foot 5, 280 pound cop isn't a little methamphetamine, 17 year old anarchist.
It's pretty obvious when you put your biggest guys in there.
Biggest quote, you know, they can handle it if things get rough.
I mean, give me a break.
obvious okay Okay. Here on the show, throughout the broadcast, so we'll be going into more detail on all of these, U.S. companies face 409 billion pension deficit study shows out of Reuters.
Now folks, if you think there's a 409 billion dollar pension deficit, you got another thing coming.
They admit losses to 401ks, which are private pensions, individual pensions, is Several trillion dollars.
That money's been stolen and you're not getting it back.
What you're getting is a machine gun in your face, unless you stand up.
Now, they're claiming with companies, $409 billion in the U.S. alone is bye-bye.
But this is with almost zero transparency from these companies.
See, the owners of these companies, they've already got offshore, armored, protected, Caribbean island facilities.
They've all moved out of the country, so that's where your pension fund money is, in case you were wondering.
We're left behind with all the shaved head roid heads with machine guns ruling us.
Volatile, of course their pension funds are going to be gone too, but they like the system, it's alright.
They like to plant drugs on us and rob us and abuse us, well they get robbed by the bigger crooks, that's how it works.
You like corruption, you think it's cute, well get ready for the society to totally fall.
Volatile markets have saddened U.S. companies with a $409 billion deficit on pension funds, reversing a $60 billion surplus a year earlier.
So that's $469 billion actually lost then.
As of December 31st, pension funds plans among members of the Standard& Poor's 1500 Had 1.21 trillion of assets and 1.62 trillion of liabilities.
Mercer said in a report released on Wednesday at the end of 2007, pension plan assets totaled 1.66 trillion and liabilities totaled 1.6 trillion, Mercer said.
So, did you hear that?
Liabilities are 1.6 trillion and total assets are 1.66 trillion.
That means There is six billion dollars left.
See, that should be the headline.
Six billion dollars left in pensions from 1.66 Trill.
There's six billion left.
Oh my gosh.
Hey, you know how you fix it?
You just build more FEMA camps and hire more cops.
That'll save us.
Obama warns of dire consequences without stimulus.
And now, as I told you, first they said it was $700 billion, then $800 billion.
Now, the new stimulus package, which will be given to select crony corporations, is over $1 trillion, and that's here in the report out of AP Yahoo News.
President-elect Barack Obama said Thursday the recession could linger for years.
He means depression, unless Congress pumps unprecedented sums from Washington to the economy.
He means into his friends' pockets.
This is Chicago-level big machine Taken over.
In the highest profile case yet of an issue certain to define and dominate his early presidency.
Now, here's the problem with that.
The world is moving away from buying U.S. debt.
International Herald Tribune today, U.S. debt is losing its appeal in China, the biggest owner of U.S. debt.
China has bought more than one trillion in American debt, but as the global downturn has intensified, Beijing is starting to keep More of its money at home and shifting that could pose some challenges to U.S. government in the near future, eventually may even produce salutary effects on the world economy.
And meanwhile, many other nations are completely moving out of the dollar and out of U.S. debt, so they are going to give you a depression with hyperinflation from over-issuance of currency on top of it.
But don't worry!
If you complain, they'll lay you out on the concrete and pump a couple rounds right through you.
How's that sound?
unidentified
The headlines are clear.
The worldwide economic collapse is here.
The military is being positioned for martial law.
The mark of the beast is at hand.
Governments are calling for a new world cashless economic system.
Having a long-term food solution is your only hope.
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Good day.
Jim Newcomer from Midas Resources.
January 8, 2009.
Gold open this morning at $855.50.
A one-ounce gold coin can be purchased for $880.77, $440.39 for the half-ounce, and $220.19 for a quarter-ounce.
That's $880.77, $440.39, and $220.19.
70% of China's 1 trillion reserves are in dollar, now purchasing 250,000 barrels of oil per day from Iran in euro.
Japanese refiners buy 550,000 barrels, switching dollar to yen.
Bad news for U.S. currency.
China and Japan hold large positions in dollar.
Trading equals permanent loss.
Dollars fall into 65% of euro.
Erosion accelerates.
Countries despise imperialistic policy of the U.S. Loss of confidence causing more selling.
GAO is warning about the debt spiraling out of control.
Why attack Iran?
Jerome O'Coursey's Iran leads attack against the U.S. dollar The day unlike any other in the long course of American history, a terrorist act of war against this country.
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.
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
...
Laden's connections to the CIA, the hijacker's ties to the FBI, the Saudi Arabian connection, the Israeli intelligence network, warnings and war games, the shadow government, and much, much more.
Fabled Enemies.
Get the DVD at infowars.com or see it in super high quality along with hundreds of other titles at prisonplanet.tv.
Either you are with us or you are with the terrorists.
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So much going on, so much going on So many things going on in the world We believe everything
that they tell us We are back live, ladies and gentlemen. Thank you for joining us.
Headline, Obama AP will spend our way out of this.
Again, at the end, they are taking 8.5 trillion we know of.
It's been over three weeks since we got a new number.
Outside the U.S., over 10 trillion from Japan to Germany to France to England to the Netherlands.
That's how much or more they've sucked out of other people's coffers.
And remember, we have to pay all this back in taxes.
They keep telling us it's to save the economy, but it isn't.
It's going offshore, and the governments of the world are now fully controlled by these offshore banks.
And they have ordered their puppet governments to even pass laws to give it the illusion of legality that no one can even review or find out where the money's going.
And the looting, the raping has only begun.
Now they're saying, we'll spend our way out of this as trillions a week are sucked into the private banks.
And now they're saying a trillion or more, quote, domestically, but that will only be given to select global corporations as well.
We have the laundry list of where it's going.
And any of the money that actually goes to the citizens will be to give you, quote, little federal jobs.
And these aren't jobs building dams or roads.
That'd be okay if we're going to be socialist.
I'm against the socialism to begin with, but no, it's youth brigades and tattletale squads and domestic drafts.
And the public is still in denial with Rahm Emanuel and the incoming White House and Obama all on record saying, yes, you're going to have to serve.
And we post CNN clips, C-SPAN clips, ABC clips with Emmanuel saying it, with Obama saying it, people comment under it saying, we posted fake video.
These Obamanoids just don't understand.
It's really happening.
Israel fires on Lebanon in response to rocket attack and they're now saying it may open up into a second front.
We'll get more into that.
Sarkozy and Merkel and Blair call for new capitalism.
The head of the European's biggest economy said Tuesday that world leaders should be looking at the massive U.S. deficit and other economic imbalances, not just problems caused by financial markets, as they debate a new global order.
And they go on to say, America's time is over.
The new center of the world order will be Europe.
Well, that's who owned us to begin with.
Again, they've run up our credit card, they're trashing us, they're bringing us down, they're announcing we're dead, so they can be the new center of the world system, which was always the plan back to the trilateralists back in 1974.
That's how we've been predicting for years exactly what would happen, because they told us.
It isn't predicting.
It's like reading a TV guide and saying what's coming on TV tonight.
Just as Obama begins, huge deficits could hamper his plans to save us.
Oh, it's not his fault.
Here's one on global warming.
How's this for odd?
Minnesota sleigh dog race cancelled because of too much snow.
Coldest winter in decades worldwide.
And now, Russia, because of Ukraine threatening to renege on their lease of a naval port and moving weapons systems up against the border, Russia cut back on some of the basically free gas they've been giving them as a subsidy as part of that deal.
And so what did Ukraine do?
They just cut off gas to Europe.
People could die there, folks.
I mean, below zero in many of those countries.
In fact, people are dying, the press is reporting.
You know, I saw a blurb about this in email, and I didn't believe it, and I googled it, and it was our very own KVUE Austin TV.
New law restricts resale of kids' products.
And it's saying that the way the federal law is written, you can't sell used clothes for children or shoes or anything else on eBay.
That's my wife's favorite place to buy my children clothes.
She loves buying vintage stuff on there.
And that little resale shops won't be able to sell.
It's got an Austin business that's going to have to close its doors.
This is absolutely amazing.
And see, they're shutting down all our basic underground market.
That's why they're now raiding with police watermelon stands and farms selling organic chicken eggs.
It's what Stalin did.
So, new law restricts resale of kids' products.
You can't make this up.
Uh, that is just some of what we've got here.
Oh, remember I told you the Trans-Texas Corridor wasn't dead?
Unbelievably, the statesman got it right with a headline, Trans-Texas Corridor, dead in name only.
So, they got it right.
I want to salute Ben Weir.
We'll be right back.
Stay with us.
unidentified
We're on the march.
The Empire's on the run.
Alex Jones and the GCN Radio Network.
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We're going to Steve Quayle, veteran broadcaster, best-selling author, frequent coast-to-coast contributor, and somebody I learned a lot from 15 years ago when I really started waking up right before I got on air.
Before I do that, I wanted to hit this news.
On InfoWars.com, we posted a link to this story, and the disinfo trolls went in and said, look at Alex, he's a liar.
He said they'd already built the Trans-Texas Corridor, but now they're saying it's cancelled.
It's gotta be disinfo.
You know, first the mainstream media said the Trans-Texas Corridor, the North American Napa Superhighway didn't exist.
We got all the documents.
Two years ago, the legislature said, okay, we're passing a law against these toll roads, these takeover by foreign companies.
The governor vetoed it and still enforced it.
Then, two days ago, TechStop put out a press release saying, it is dead.
But then under it, it said, but we're going to do the entire project in different sections, just under a new name.
I mean, it was in the article, and people emailed and then the media attacked me and said that it didn't say that.
Then, their other deceptive spin is to claim, well, Alex, I thought they'd built it.
Yes, they're building large sections of it, just east of Austin, all around Austin.
We've got giant Trans-Texas Corridor billboards up everywhere.
They're putting toll roads on existing roads.
They put, what, six of them up in the last two years in Austin, swearing they wouldn't.
I mean, they're there.
They're real.
I've gone out and videotaped them.
I put it in the film, Endgame, but still, the public's under mind control.
And so the establishment can say, no, it doesn't exist.
So see, first they said it didn't exist.
Now, they are saying they've cancelled it, which is a lie itself.
And the statesman of all places, a day after I made the point that it was dead in name only, Trans-Texas Corridor, name dies, but not entire concept.
And it goes on to say, plans of cross-state tollways, railways, and utility lines, officials say, will be done in pieces.
It's the same thing, they're just changing the name.
And this is Ben Weir, Austin American Statesman.
There you go.
And then a day after I make the point that it's a fraud, we post the article and the disinfo trolls come in.
And again, it isn't that they're hurting me.
It's that I'm illustrating how deceptive they are and there's no way these are just the general public.
The Pentagon, private corporations, they admit that they have all these paid trolls on the web trying to counter us.
Another issue, and then we're going to Steve Quayle, is this.
We moved to the new office completely about two and a half weeks ago, and I had this bullhorn that I used in the movie A Scanner Darkly.
I guess I've had it five, six years since the last one got broke, got broken.
And it's the favorite model, this big Radio Shack model that I found is the loudest for the size.
And it's been in just countless demonstrations.
The last one was in Denver.
We were bullhorning MSNBC for covering up that 9-11 was an inside job outside.
And they came over, grabbed it, tried to rip it away.
Then a guy comes up with a knife and cuts it.
It's on video.
And so if somebody wants to buy the bullhorn, we have an eBay auction going.
They can fix that or they can keep it as a classic piece of Liberty memorabilia.
And the Disinfo trolls went into the article on InfoWars.com that Curt Nemo posted, Alex Jones' Tyranny Crusher 1 Bullhorn, auctioned at eBay, and they yelled and screamed and said, how dare you be selling this?
How dare you be profiting?
How dare you, you know, be doing this when we've stated that we're selling the Bullhorn to raise money to expand the studio?
We've built the new radio studio.
You've seen it.
It looks great, if you're a PrisonPlanet.tv viewer.
We're building the new studio, but in this economy, we don't have the funds to do this if people don't support us.
But think about what a mind game, and this came out in the 70s in the COINTELPRO documents.
It just came out last year in a declassified 2004 Army manual on COINTELPRO and nations they're taking down, to always talk about your opposition and say they're trying to make money.
Now think of what a mind trick this is.
Think of what a mind game This is.
The government can have offshore banks take it over and still 8.5 trillion and growing.
They can erect hundreds of new taxes, 88 new ones in New York State alone, carbon taxes, taxes on cows, flatulence, total control of society, regulate everything you do, income taxes, state income taxes, franchise taxes, sales taxes.
They take your money and use it against you.
And then they claim that alternative media isn't allowed to capitalize their operations.
That is, get the money to expand.
They are so afraid and trying this asinine tactic against us that it's bad that we have good microphones and good cameras and make good films and have big powerful websites and reach tens of millions of people.
They are so afraid of that and just think of the ridiculous mind game they play.
So that's what it is.
The auction is going to be going until next Wednesday night at about 11.30 in the evening.
And then it closes out.
It's $1,500, which is a drop in the bucket when you're buying equipment.
And I'm glad to say it's above $2,500 now with the last time I checked, 16 bids.
Let me just click on it and find out what it is now.
And I hope $50,000 gets raised for the Bullhorn.
It isn't the point that the Bullhorn's even worth that.
It's that it is a way to donate and have some fun donating and fund this operation.
And so, in the spirit of fighting back against tyranny, I want everybody.
I'm not ashamed.
I'm proud of the fact we're expanding and fighting the New World Order.
Even though our capital level has been shrinking somewhat because of the economy.
We need you to go to InfoWars.com and buy books and videos, not just because they're the best books and videos out there, the library we carry, but because it supports what we're doing here in this highly effective message.
And so this psychological warfare tactic of saying we should be ashamed of rising and of being successful and of challenging the globalists.
We're supposed to live under a bridge and Talk to people through a cardboard box as a bullhorn and just be a bunch of failures while the enemy has unlimited funding against us.
We're already like David against a 10,000 foot Goliath and we're 5 feet tall here, but they don't even like that.
So again, you want to counter the New World Order, don't just support Alex Jones.
Support all the other alternative media.
And if it isn't financial, spread the word about the websites.
God forbid you write Infowars.com or PrisonPlanet.com on your fellow reserve notes.
Well, a lot of people are waking up.
God forbid you call into talk shows and talk about the show on mainline radio.
Heaven forbid you tell your email list to tune in via the web at InfoWars.com or go to SteveQuell.com.
So again, people tell me, jump on me about selling things.
I'm just going to start pushing it even more.
I'm going to start trying to, I'm going to have another money bond.
How do you like that?
We need it.
We're going to do it coming up in the next few months, because we want to be positioned to where we're able to continue, even into a hardcore depression, operating and getting the truth out.
All right, that said, I appreciate Steve Quayle holding while I went through that.
Please go to InfoWars.com, buy the books and videos, see that as a donation.
That way you even get materials to wake others up.
You can make copies of all my films, get them out to people.
PrisonPlanet.tv memberships, that supports us to operate.
If you want to send us a donation, cash, money orders, Checks, whatever.
Send them.
Write it to Alex Jones, 3001 South Lamar, Suite 100, Austin, Texas, 78704.
You know, I don't usually ask for money, but you're going to criticize me for trying to sell something to buy equipment?
Well, that's it.
I'm not ashamed of raising money to fight tyranny.
I'm proud of it.
And your propaganda and your mind control doesn't work on me, and it doesn't work on the people anymore.
So again, ladies and gentlemen, our local AM and FM affiliates.
It's a donation.
Call and buy advertising for your business on them.
Thank them for carrying the show.
Don't just help me, help our affiliates.
Support our sponsors.
And buy the books and videos.
I want you to send a strong message.
I want to come on the air tomorrow and say, folks, we sold five times as many books and videos as we normally do per day because, you know, this is a message to the New World Order that we are going to capitalize these operations.
We're going to fund them.
That's what we need.
All right, enough said.
Steve Quayle, I really appreciate you coming on, my friend.
A little over a week ago, someone who works deep in the heart of the underground world of psychological operations for NORTHCOM, I ran into him on the streets of Bozeman.
We had a two-hour talk, and he was convinced that I was the guy that he had to talk to.
By the way, a high enough ranking officer, and I've known the guy, so I know why he's not a plant or anything, but Alex, here's the thing.
When you tell people that the government loads up boards, whether it's a blog against you, a blog against me, the different message boards out there that are always accusing me or accusing you of trying to get rich at these people's expense, I tell them to go and drop dead.
I'm sorry, I'm a little bit more blunt than you are.
But what he told me, Alex, is that they are absolutely in control of the airwaves.
They plant their people on the boards.
Anytime truth comes out, they will either attack the information as being false, they'll attack the messenger as being, oh, only in it for the money.
Where the blazes were these people when you know what you've spent over the years and what's been spent on your radio program.
I saw a report two weeks ago, never even got to it on air, where the Xbox, the military is using that now as the platform to fly Predator drones and they want to hire the top scoring teenagers.
Remember the last Starfighter where the alien force comes and plants the video games?
That was Hollywood telling you the military developed these to actually find the best players and now they admit it that these are real drone attack simulators and they're going to hire the teenagers to remote pilot the predators.
Absolutely. When you can set someone to a virtual world, you can divorce them from the real world.
By entangling everybody in what I would call the mind-controlled psychological operations virtual world, you keep them from the true information, Alex.
Absolutely. And what people have got to understand, Alex, is they have, and I'm saying this, As they take in every breath they breathe, I want them to start making a conscious effort to realize that there are people that absolutely cannot wait.
This gentleman that told me, high-ranking military officer, said, Steve, he said, the plans for martial law are so off the charts and so horrible.
Now, understand, we're not talking about foreign invasion.
He said, I'm having really severe problems, and he asked me quite candidly to keep him in prayer.
But look, Alex, this is someone You know how many calls you get, you know the different people that you can count on, you can test the veracity of their information.
How many witnesses?
The Bible says about the two or three witnesses, let every word be established.
We get two or three thousand witnesses and you and I are supposedly making this stuff up.
So we can sell our books, and I gotta tell everybody...
Absolutely. And not only is it happening, see, it's not enough.
Alex, people have got to understand this.
I've got to tell this because this is really the thing that's burning In my heart, is you've got to turn off the television, the literal, physical television, and you've got to start doing your due diligence and not just listening to Alex Jones or Steve Quayle or Hawk or whoever's out there warning, signing, you know, basically signing our lives, saying, look, this is really happening.
We're not just telling you this for whatever reasons.
By the way, I make no apologies, you know, about having to do what I've got to do.
You asked me earlier, before I went on the air, I came back on my Monday show because I had turned my show over to five different guest hosts as trying to turn it over so that, you know, I could give people the best, I guess you'd say, overview of everything going on from five different minds instead of mine,
okay? Well, I'm back on Monday because, again, I've spent 15 years of my life, close to a half a million bucks, out of my pocket to put, you know, the best program that I can do, you know, to complement all the other programs out there, and quite candidly, As you know, it's tough to get people that will carry your passion, carry your zeal, and carry the warning.
And so what I've had to do, basically, and I've decided to do this, is to, in light of this fast-breaking concept that we're soon to be under total global domination, we have to basically speak up, yell, scream, kick back, Fight and Chew.
You'll get run by private central banks, and you'll pay carbon taxes for all your activities to us.
I mean, that is what we always told people exactly being announced.
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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That's always interesting.
We are live, 8th day of January 2009.
So Steve, as you said, the mere fact that they're out in the open about all this now, to put window dressing on it, is a sign historically that they're going for broke, that they've decided to fully engage their operation.
what will that operation look like okay i asked that specific question i'll get the timing issue after i tell the operation the operation uh...
is absolutely so planned out to the nth degree and alex everyday they have meetings They discuss what I talk on my show, and I'm not flattering me or you, but they want to know how much we know.
By the way, the inventor of the Internet said Sunday in the BBC that it's quote, dying because the systems by design aren't being repaired or upgraded, so they're going to claim it's a failure.
It's a wide-spectrum jammer, and they have been handed out, along with the individuals that know how to work with them, That's what the Russians used in Baghdad to jam cruise missiles.
Absolutely, but it's getting...
And so people say, well, I'll just call Steve or Alex on my cell phone.
No, you won't.
Well, I'll just get on my landline.
No, you won't.
Well, I'll just get on the shortwave.
No, you won't.
The thing is, Alex, and this is something that I said to the gentleman that I was having a talk with.
I said, so what are you doing?
He said, I'm buying...
And this is his words.
He said, I'm buying food.
I'm buying the weapons to defend my family.
And he said, I'm looking for a place too, because he said...
Absolutely. And we can no longer call them the Shadow Boys, okay?
I don't know if you saw on Drudge, but they showed five presidents, including current President-elect, and all I wish that someone would have drawn in, or someone would draw in, a cartoonist, is just the puppet strings going up above all of them with Illuminati.
We own them all, okay?
The thing is, is that this thing is so close.
Here's his time period.
He is extremely worried, okay?
He said he is extremely worried about the next 90 days.
Everything that's taking place in the Middle East plays into this.
Everything that's taking place in the currency.
I asked him flat-ass out, forgive the language, but I said, I've got to have this from you guys and be able to verify it.
Is the Amaro really coming on board or is that just another thing to keep us occupied and just go directly to cashless society?
He said no.
And by the way, I've had multiple verifications, although people say, oh, the Amaro, it's not printed.
China demanded 1.3 trillion Amaros, which the Bush regime gave to them, or they would basically cancel and crash our currency.
They announced a month ago in the New York Times that the Federal Reserve is issuing something above Treasury notes itself that is collateralized by North American assets.
So that's your Amaro.
It is above the stock market, above the bond market, international currency cashless, above gold.
I see all of the above, and let me first of all take the suitcase nuke thing.
Alex, that's what launched me on my radio career 15 years ago, because after the situation with Russia and the whole glass-nosed perestroika, the Berlin Wall...
Alexander Lebed, by the way, I was in the process, and I'm not saying he was murdered because I was trying to interview him, but when Lebed testified before the Walden Committee, he was telling me exactly what happened.
I actually talked to different people that were arms brokers from that part of the world, especially Eastern Europe, and when I say you could get anything you want, you could get the deal handled in Vienna, you could basically go to any of the stands, and those days, the going price for what would be called a suitcase nuke is $5 million.
Now, what was fascinating, when I interviewed different black market guys that were selling this stuff, I mean, the typical statement would go, oh, we can get you whatever you want.
Once we see the color of your money, we will be friends.
Once we have your money, we will be very good friends and you will be very happy.
That's a literal conversation.
The thing is, is that what I don't think people understand is, it's not the argument.
See, every time I used to talk about suitcase nukes in America, the CIA would flood out their specific mouthpieces and say, all those things don't exist.
But, listen, it's way beyond that now, because, again, when the whole thing came out with red mercury, I was the first guy to interview Sam Cohen, the inventor of the neutron bomb, okay?
When I would talk about red mercury, and not the stuff that was trying to be sold on eBay that was basically mercury with a dye in it, but red mercury is an atomic, if you will, it's got to be put into a reactor, it's mercury antimony oxide, I mean, it's an atomic by-product...
But I mean, you know, I hear you've got, I've got the inventor of the neutron bomb.
By the way, telling me that the United States government gave that to China, courtesy of George Bush, Sr.
The inventor of the neutron bomb was present when the design for the neutron bomb was given to China.
But he told me, he said, Steve, I interviewed Sam Cohen, I think eight times, and had massive conversations with him off air.
And here's the thing, Alex, this is no longer old, vintage nuclear weapons that have to be Uh, you know, kept up, batteries, all that stuff, you know, the Thorium and all the different, uh, uh, byproducts, or excuse me, uh, different, uh, products that have to be used in the fission reaction.
When I talk to guys who, uh, are what we call the mighty men and women of valor, and they tell, you know, I always get told, why would anybody tell you stuff?
Simple. Because I'm trying to tell it like it is, I'm trying to warn people like it is, like you are, and, you know, I can't tell you how many of those devices have been disarmed in the United States.
People said I was bully, you know what?
But then they could not deny the seismic tracings of, gee, why did all that seismic activity happen on July 15th, you know, a number of years ago?
The point is, is what I'm trying to say is this.
We are so mind-controlled that you and I could present living, actual testimony.
And you know, the CIA already ran a study on this and said only 46% of Americans would see it if they saw it.
Believe it, if they saw it with their own eyes, 46%.
I want to talk more about neutron weapons because, of course, this is a radiation burst, not a hot flash airburst, and it kills all living creatures in a certain area, but doesn't damage the infrastructure.
The British Ministry of Defense said now a year and a half ago in their public report, but we'll tell you when we get back.
Hello, friends.
This is Alex Jones.
I've told you for a long time it's important to be self-sufficient, and today that's more important than ever.
We need to be independent, and food and water is the key.
You'll never have to stand in a bread line if you have your own bread.
You'll never have to go to the Superdome and beg for FEMA to take care of your family in any emergency if you simply prepare.
Our elected representatives wanted a good old boy bailout for the special interest, so they ignored your screams not to do it.
They turned off the telephones and email.
they voted to print eight hundred and fifty billion dollars at least out of thin air this money now owns the american european banks the exploding inflation that is now guaranteed will slash your life savings to nothing and blast the cost of the sessions particularly food beyond many americans reach in pre-nazi germany super inflation the cost of a loaf of bread doubled every two days until it reached over four billion marks
The private banks merging with our government are refusing to loan grocery stores enough money to restock their shelves.
The stores have less food but jack up prices to stay in business.
Whatever happens in America, we need to be prepared and be ready.
Everything is zeroing in on food.
One third of Americans have to choose between buying food and paying for other necessities.
My friends, whatever it takes, get prepared, get self-sufficient, get food.
And for everybody out there listening, it's very important for you to understand that by having a supply of storable food, the government, the New World Order, has a lot less control over you.
And so it's a mindset, a mindset of self-sufficiency and preparedness.
No one is going to take care of your family in the final equation but you.
You know eFoodsDirect.com is still able to ship storable food that's safe from E. coli, salmonella, genetic alteration, or Chinese imports.
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unidentified
The Genesis Communications Radio Network proudly presents the Alex Jones Show.
Ian Fleming, who was a member of MI6, OSS before that, who founded our CIA.
His second book was Moonraker, written back in the 50s, and then it was turned into a movie in the 70s with Roger Moore, where an evil mastermind over an international banking cartel wants to release a biological weapon to kill all humans on Earth, but then it phases out in a year.
They're going to live on a space station while we all die.
Well, again, they throw it in our face in popular culture, like before 9-11, Fox Television, and I even had one of the stars of the show, the X-Files lone gunman, Dean Haglund, call me and say, I want to come meet with you.
And this guy was scared, and we interviewed him at my house.
That video's up on PrisonPlanet.tv.
And he said, listen, the CIA came and planted these plots on us.
Six months before 9-11, the secret group in the government, above the government, hijacks a jet by remote control, uses an anti-terror drill to make NORAD stand down, telling them it's a drill, to fly a jet, a large passenger jet in the World Trade Center, as a pretext to attack Afghanistan.
Now, of course, Tom Clancy also wrote a book about something similar.
They do this predictive programming to mix reality with unreality to prepare the subconscious mind.
Now, that said, we're going back to Moonraker, where the elites plan to kill us.
They could use biological, they could use chemical.
They're using soft kill on us right now with the chemtrails and the fluoride and the mercury.
We had Dr. Blaylock, the top brain surgeon on, breaking all this down last Friday.
One of their plans, and this is even alluded to in the British Ministry of Defense report for the 10-year trend, what they believe will happen, they said governments will use neutron weapons to control their populations.
Because if we were to try to rebel, the military would try to rebel and take over Washington and restore the Constitution, the black-op government will use neutron bombs to kill them.
That is stated.
Now they can't stop us taking over all the other cities peacefully and politically saying no and pointing out that we know you're planning to use neutron weapons, then they really can't do it because politically it would expose them.
But that's the level of total full-spectrum dominance is the term they're using.
And everybody in NORTHCOM needs to know you're working for people at the highest levels above you who are planning this.
Absolutely, and the situation that's gone on, if it hadn't been for some pretty amazing people in your area, that, as you know, Austin is just the central hub for a lot of special operations and everything, if it hadn't been for some of the bravest men and women, Alex, we'd already been there.
Let me talk about the dissemination neutron weapons.
It is a neutron weapon kills by an intense radiation burst.
He, the gentleman I had the meeting with, is really worried about a severe biological attack that's going to be...
and launched upon the united states by just announced confirmed bird flu deaths in china yet now let me share this with you i got a call from a homicide detective in central u_s_ okay he said that here's one of his men one of his lead detective homicide detective is a national guard he was at a meeting and a general was brought in from washington to discuss what's getting ready to happen and he talked about the biological event by the way this man's police department
biogear and everything but it was in the heartland okay and his exact words i can't say on the radio but he said if the american people understood all the deadly equal contaminant we're gonna throw out them they'd absolutely die on their feet so this is kinda weird okay and he you know obviously a lot of people are used to such brash talk here's what i'm saying alex it's no longer there's no more time left for people just to be spectators just a basically Get on a board and say, well, what did Alex say?
What did Steve say?
They've got to get involved.
They've got to buy the tapes.
And when I say this, your tapes have gone around the world, OK?
And the thing that people don't understand is, look, we do on a shoestring budget what these guys do with $9 trillion.
By the way, all that money that was put into the banking system, I know one of the largest gold traders in the world.
He sells in metric tons and hundreds of metric tons.
He told me all that money is being filtered out of the banks through the Orient into gold.
And I know that.
I can tell you this, based on his receipts and my verification of what he's done, he has told me so.
By the way, the International Monetary Fund, the IMF, here's something no one knows, it'll be turned into now, has been turned into the International Monetary Authority.
So when all the paper currencies crash, these guys are all saying, well look, we got all the gold, we're going to issue a currency that's gold-based.
This goes beyond the emerald, this goes beyond the euro.
But before that total chaos, you and I have talked about this.
Yeah. The point
is that there's so little time for people to just say, well, I need more evidence.
I need more evidence.
Good night.
What you need is cojones, and you'd better decide that you've got to use the evidence.
And Alex, it's like everybody's got a set of scales before their eyes.
In one end is all the information you and I and others give them, and then there's this doubt.
Yeah, instead of looking at the mountains of confirmed, in-your-face, admitted that they're getting ready for martial law and mass arrest in FEMA camps in major papers, they come and attack us and say we're full of baloney, that's COINTELPRO, that's operatives, but it's also weak-minded people who've been conditioned by the lies and system.
Folks, it's all happening.
Bloomberg is reporting that a Fed governor, by name, Is saying even local Fed branches have been told you are under war powers, you can't ask questions, Congress can't ask questions, and Congress has been told they're under war powers,
and PDD 51 and the John Warner Defense Authorization Act states the states The Congress, the judicial, has no power, it's of course criminal to do this, it's illegitimate, but they're doing it, that it's all under the executive, and the executive, whether it's George Bush or Barack H. Obama, is controlled by the internationalists, openly by the world banks.
They are taking us down.
This is a corporate receivership.
You talk about people on the system stopping it, and I know that people with leaks and info and things that are just amazing, that people have gone through to stop this and to back it off and to warn people.
That's why 20, 30 years ago, everything that's now declassified, the old timers who were always colonels or generals retired would say, we funded Mao, we put Mao in.
Now it's on History Channel, they admit it.
You know, there's a plan to put you in FEMA camp.
There's a plan to exterminate you.
Now it's declassified.
They were there.
They were brief.
That's why they warned us.
That's why the right people It's going to happen, but the way it's going to happen, first of all, it's going to happen at such an accelerated pace.
Yeah, and see, the thing is, this is all scripted.
This is something I don't think, you know, Alex, you refer to Tom Clancy.
I remember going public with all of the science fiction producers in Hollywood that had been contacted by the CIA.
That's why you have Steven Spielberg having the largest collection, and I'm not going to go there, but alien artifacts.
You've got the former Star Trek head, Gene Roderberry, being basically the guy that was so tied in.
And I had one of the CIA's top eight.
Can I tell you something?
You've given bits and pieces.
You've given the borders.
Sometimes it takes an obscure piece.
All the pieces fit now, Alex, and it's their timing.
This biological event.
That's the thing that they're going to do, because let me share this with you.
On their level of terror, they have it all so psychologically computerized, they know that a bio-event carries ten times the weight of a nuclear event.
I remember you 10 years ago, you didn't just say we'd have an economic collapse, you said it would be triggered by the derivatives by design, and that's what happened.
Absolutely. And, you know, I'm sure you get tired of the same old critics.
I'm going to tell you people that are on boards, that are on blogs, the people that rise up when they're attacking the messenger, I ask them, I say, well, what's your pay grade?
And they say, well, what do you mean, what's your pay grade?
I say, you obviously work for them.
And I can tell you this, the thing that most people want to be able to do, most normal human beings want to be able to provide for their family security, provide for their safety, I know you.
Yeah, they killed one of the richest guys in Germany.
That's actually in my stack.
We'll mention that when we get back with Steve Quayle, final segment.
Steve, I gotta have you back up in the near future.
We're heading into the quickening right now.
SteveQuayle.com, stay with us.
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And now the enemy's coming down on us with economic conquest and physical conquest.
We can educate the public in a crash course that this is all being done to destroy their future and let the public understand that working through the system will destroy them.
We can maybe turn this around if we hit our knees and ask God to forgive us, but 50 million abortions later, God isn't in a mood, I don't think, to do that.
And the evil just increases.
You know, in every case in history, Steve, when a nation becomes wicked, it becomes conquered and enslaved and massacred.
And it looks like that's coming now to the Western world.
And when people ask me what they can do, and I'm serious, I say this.
Don't worry about Nostradamus.
Don't worry about 2012.
Worry about what Jesus, who's the book of Revelation, has written about.
And I make no apologies.
People have got to get their hearts right with Jesus, because this thing is not only in the natural realm, it's in the supernatural realm.
Alex, you spent so much of your time and effort In your documentary about the Bohemian Grove, there are guys that are absolutely blood-sacrificing Luciferians who offer live children to, you know, incredibly evil entities, and these are the rulers and leaders of the world.
I want to say something about gun control, too.
The bottom line is anyone that will take your gun will take your life.
I just freaked out because I am so conditioned and so ready for our guns to be taken that I forgot they have introduced a bill, the Democrats have, to totally ban guns.
And I read the bill last night and couldn't believe it.
Curt Nemo did a story at Infowars.com and I hadn't even covered that.
Wait a minute, there was an Army Times article that the military, they do a poll every year, is the most unhappy with the federal government in its history, even more than Vietnam.
We know that just six months ago, Fox Fallon had to resign for refusing to stage terror attacks, and that it was military that refused, the Navy SEALs refused, to stage terror attacks on our Navy ships for Dick Cheney.
Absolutely. And I can tell you this, that when black ops A fight black ops B, people die, and it's usually written off as a training accident.
Again, Alex, this is something that I don't think people understand.
What makes me, I've got to be careful here, what makes me furious is that these men and women are some of the bravest, and they are some of the most absolutely, when I say invisible to natural eye, they have to fight in secret, they die in secret, and their motto is that we all might live.
And I want to say to those men and women, I don't know if they're at AlphaSite or wherever, but God bless.
Thank you.
There are a whole bunch of intercessors out there praying for the mighty men and women of valor and the entire military that took an oath to defend the Constitution of the United States and are not going to roll over and let the demons and these devils from hell just sit And that's why they're bringing in foreign troops.
Speaking of getting the word out, ladies and gentlemen, the number one thing you can do is not buy the books and videos off InfoWars.com.
That's important to support us and to get the films and make copies of Endgame, TerrorStorm, and things like that.
The most important thing to do is to tell your email list, your MySpace, your church, print up flyers, your business, work, your neighbors, and tell them about InfoWars.com and the radio show wherever you are in the world.
on the internet you can listen or the free podcast you can subscribe to in the listen page and or the local AM and FM you're listening to us on right now.
Stop at red lights.
Tell people, hey, tune in to this station or that station, this AM, that FM. It is so important because people are finally listening.
They know we're telling them the truth.
They heard us years ago say this and laughed at us.
Now they've seen it come true.
They're finally listening.
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We're on the march.
The Empire's on the run.
Alex Jones and the GCN Radio Network.
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call today the day unlike any other in the long course of american history of terrorist act of war against this country the enemy struck america on september 11th But who is the enemy?
unidentified
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.
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 connection Either you are with us, or you are with the terrorists.
Thank you.
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Supposedly rockets have been fired last night into northern Israel out of Lebanon.
They're responding.
Israel's talking about invading now.
China's talking about not buying U.S. debt anymore.
Obama's announcing spending our way out of the crises and giving a trillion bucks to select cronies.
I can think of no one better to get on for a half hour than best-selling author, lecturer, researcher, syndicative columnist, father of Reaganomics, former head of policy, Department of Treasury under Ronald Reagan, a true conservative, Dr. Paul Craig Roberts.
Everything we feared, the martial law, the troops, there's now Marines at checkpoints in the mainstream news helping look for drunk drivers as they acclimate us.
Well, it's easier for me to say something about the economy.
I think in the near term, Alex, we're going to experience more deflation.
In an effort to stem the deflation, there'll be a tremendous new creation of money and credit, particularly for the United States government, which this year, on the cash basis, which is the basis the OMB uses for the government's fiscal year budget, The deficit will be $2 trillion.
I don't know of any way they can finance that.
Possibly the flight of Americans out of stocks and money market funds and bank CDs may take refuge in governments.
that, they'll have to monetize it.
That is, the Federal Reserve will simply have to take the bond I don't I don't think the foreigners will lend it to them because they'll see it as an enormous dilution of the existing holdings, which are massive.
And most likely, the issuance of all this new debt will cause foreigners to want to lighten up their holdings.
treasury bonds and they'll come on the market too and they'll have to be monetized sir as a top economist what would you describe this that we're going into hyper stag uh inflation because we have a depressing of the real economy a contraction but at the same time this massive issuance of currency and liquidity to select groups i mean what do you call that Yeah, I think I agree with John Williams that this is going to be a hyperinflationary depression.
As I was leading into that, the initial stages are deflation, which is what we're seeing now.
There will be money and credit creation.
There will be pressure on the dollar in the exchange markets.
And inflation will eventually result from all this money and credit.
And there will then be pressure on the dollar from the domestic inflation rate.
And so I just don't see...
they can manage this with any traditional economic policy tools.
So I think high unemployment and rising prices, and it will be worse than the Great Depression, because during the Great Depression, the high unemployment was accommodated, in a sense, with falling prices.
But now we're going to have people losing their jobs while prices rise.
That's much harder to...
To deal with.
So, I think it's going to be very bad.
It might be why they're deploying troops, since they expect that there'll be a lot of dislocation of people.
I mean, just look at the foreclosure rate on homes, on mortgages, and the amount of people who have already lost their homes.
That was true for a while, but I think they're willing to lend if you've got jobs and money.
But the fact is that if you look at the current unemployment rate, and we measure it like it used to be measured, you know, 20 years ago by the government, before they monkeyed with the numbers, that we already have 15-16% unemployment.
I mean, that's the current rate of unemployment.
And this, I think, is just starting.
There's a lot more to hit, you know, not just the subprime derivatives, but we've got all that credit card debt, we've got car loans, and...
So they've got credit card debt, they've got car loans, and they've got now, of course, the commercial loans.
You know, all the shopping centers and stuff.
Their stores and the shopping centers are closing, and so the rent to the owners of the shopping centers are down, and so they're going to be defaulting.
Well, that requires a Crystal ball, I don't think anything like this has ever happened before, certainly not in the United States.
So, I can't answer that.
All I can say is that people are first going to be put through the wringer of deflation, declining asset values, and then the efforts they make to deal with that will set off the opposite.
rising inflation, it could easily reach hyperinflationary level.
And no one really knows what to do, and there aren't really any solutions.
You have to understand, too, the United States is now a heavily import-dependent country.
We weren't during the Depression.
We're on the land.
No, but we had no trade deficits.
We didn't have to import energy and manufactured goods and advanced technology products and our shoes and our clothes.
You see, now we're heavily dependent on imports.
We have massive trade deficits and no way to pay for them, particularly if the dollar goes.
So I think the potential here is far worse than the Depression.
I don't see any leadership in Washington.
The first thing they did, as I'm sure you've emphasized many times, is they ran in and stole a trillion dollars from the taxpayers and gave it to the banksters.
So the first thing they did when they see a crisis is to take advantage of it to steal from us more to give to the banksters who caused the problem.
You can see that with the kind of leadership we have, they're criminals.
Anything that happens, they use it as an opportunity to steal more.
And sir, as you know, Obama cheerleaded for the banker takeover bill, called the bailout, and whereas people had hoped he would, at least it would be a repriation of Bush, it appears that he is going to accelerate the entire program, including the Middle East, confrontation with Russia,
But they're counting on the military to enforce the bank or takeover of the Republic and a militarized police who are so arrogant now they shoot a guy on video in the back for no reason on the ground and aren't even going to indict the cop that did it and people are rioting in San Francisco.
They're basically thugs who like to use violence and there's no accountability now because the government got away with 9-11 and so any kind of violence is justified in terms of protecting us from terrorists or people who might have been a terrorist.
I know, and so we're in the Twilight Zone, Doctor!
I mean, you're the father of Reaganomics, the big star with Ronald Reagan!
I mean, you're so respected, and now here you are writing and talking about all this, and people in government are snickering and sucking their thumbs, while, as you said, wild criminals are running around stealing, and suddenly all these billionaires are hanging themselves, jumping in front of trains, they're clearly being killed.
Madoff, he didn't steal 50 to 100 billion by himself.
It turns out big banks knew and were involved with him.
Yeah, I just don't know enough about it, but it certainly does show the extent of total corruption.
I mean, the man didn't need to do that.
It wasn't like he was poor.
And furthermore, nobody needs $50 billion.
There's nothing you can do with $50 billion.
It's a huge sum.
And it's not large enough to create your own private army to overthrow the United States or China or anything, but it's far larger than anybody could ever spend.
But that's what Wall Street and the banksters have done, is they have stolen the pension funds, moved all this money into other assets, and they are overthrowing us.
But the point is, we don't have any money to finance our deficit.
So we have to rely on foreigners.
Now, I did say it's possible that this deficit can be financed by the American flight from stocks and money market funds and bank CDs because there may be further crises from the credit card debt and all the rest that cause them, again, to lose confidence.
And so people may buy the Treasuries just as the only place they think they can put the money other than in their mattresses.
Whatever they do, it looks to me, Either going to put pressure on the dollar's exchange value, driving it down, or it's going to cause more inflation, driving the value of the dollar down, or it's going to erode the government's credit standing.
There's nothing they can do that's not going to do one of those three things, and perhaps all of them, that I can think of.
Maybe some brilliant person will show up and they'll come up with some new scheme.
But you know, Alex, the problem is that the debt has so greatly outpaced the growth of real income that there's just not enough income there to support the debt.
Generally, Alex, when that happens, they get rid of it by inflating away the debt.
We'll talk to Dr. Roberts on the other side in the final short segment with him.
He's got his book out, his new book out.
It's second edition, updated.
The Tyranny of Good Intentions.
And, well, it gets into This is the incredible corruption of the courts and the whole system.
Ladies and gentlemen, there's no way to polish this thing.
It is what it is, a big turd.
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Charging Into Revolution00:02:49
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today Dr. Paul Craig Roberts in closing in the five minutes we have left here in this first New Year's show I've done with you.
Vietnam War Any ways to turn this around or if you were in government what would you do briefly and then a comment on the Gaza situation now expanding into southern Lebanon You may know the Bank of England is the British version of the Federal Reserve.
And one of their former governors announced two days ago, this is reported in the London Telegraph, this is the quote, Well,
I I think so.
and the trade deficit.
I would attack the budget deficit by instantly stopping these expensive wars that we cannot afford, by slashing the massive defense budget, which is larger than the rest of the world combined and has no practical purpose.
We cannot establish American hedging over the world.
I would slash that, and therefore I would get the damn budget deficit down by a half a trillion dollars.
And then I would impose a new form of taxes on corporations.
I would abolish income tax, and I would tax them according to how much of the value added of their products occurred in the United States.
Yes.
If they make their goods that they sell to us here, they have a very low tax rate.
If they make them in China or Indonesia or somewhere else, they have a very high tax And so that would tend to bring the jobs back to America.
If this was believable, then the world might say, okay, these fools are finally going to take the necessary steps.
They'll get their house back in order.
We'll stick with them.
But if instead all we do is run up more debt and continue these wars, which they're going to stop financing sooner or later, we're going to have this dollar collapse, in which case...
The Israelis have gotten away with their lies and their violence and their war crimes for 60 years, and they'll continue.
I see that the NBC anchorwoman and foreign affairs correspondent, Andrea Mitchell, said on Sunday That we have American soldiers from the Corps of Engineers stationed on the Egyptian side of the Rafah crossing helping close the tunnels.
Yes. So we are involved in it directly now.
It's not just that we gave them permission.
We got our guys over there helping them.
So if you look at the To the extent that there's moral passion left in the world, we're going to be hated, just like the Israelis.
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 connection, the Israeli Intelligence Network, Warnings and War Games, the shadow government, and much, much more.
Either you are with us, or you are with the terrorists.