In this episode, Max Keiser and Stacy Herbert discuss punk rock ‘Tall Paul’ giving the two finger salute to Ben Bernanke’s QE3 and gold adjusting for zero growth, yield, velocity and confidence. In the second half of the show, Max Keiser talks to Detlev Schlichter of PaperMoneyCollapse.com about quantitative easing to infinity, Central Banking ‘devils’ and the future for the gold standard.
Filling in for George, John B. Wells was joined for the entire show by law expert Stephen Miller and Dan Johnson, founder of PANDA(People Against the National Defense Act), for a discussion on the controversial NDAA and other issues impacting freedom.
“We are heading toward the last stand for America as we are close to the edge a police state,” warned Johnson. The NDAA has been enacted for the last 48 years to provide funding for the military but the latest iteration is the most dangerous, as it authorizes the indefinite detention of American citizens without charge or trial, he explained. America has actually been under a declared state of national emergency since 1933, which means the Constitution is no longer in effect, Miller added.
Johnson spoke about Section 1022 of the NDAA, which authorizes the President to waive the military custody requirement of the act. The waiver does nothing to quell the powers granted under the NDAA, he said, noting that the powerful elite are reluctant to give up any of their powers. The younger generation is not easily fooled so the elite are moving quickly to further their agenda, Miller suggested.
Johnson credited the Ron Paul revolution and the Internet with waking up his generation. Miller revealed how the government has terrorized and surveilled him, even to the point of zapping his radio prior to tonight’s interview. “I don’t think they are happy about what we’re doing,” he offered. Miller also commented on how Agenda 21 makes Michigan a Constitution-free zone. Johnson agreed, pointing out that “much of the country is under a Constitution-free zone.”
Artist Isao Hashimoto created an animation showing every nuclear test between 1945 (the first Manhattan Project test, called Trinity) and 1998 (a test in Pakistan). The total number? 2,053, according to the Stockholm International Peace Research Institute. Note that this number doesn’t include the rumored North Korean tests in 2006 and 2009. While the video starts slowly, by the late 1950s things are getting intense. Testing peaks in 1962, when over a hundred blasts are shown. You can follow the running tally at the top of the screen to see who’s testing, when, and where. After twelve minutes, the video goes silent and runs through the tests by country of origin, so you can see who’s blowing up what, where.Hashimoto said (emphasis added): “This piece of work is a bird’s eye view of the history by scaling down a month length of time into one second. No letter is used for equal messaging to all viewers without language barrier. The blinking light, sound and the numbers on the world map show when, where and how many experiments each country have conducted. I created this work for the means of an interface to the people who are yet to know of the extremely grave, but present problem of the world.“
We are told that austerity in Europe has failed. The elections in France and Greece, for instance, are supposedly evidence of people’s opposition to severe cuts in spending. However, the growing anti-austerity backlash against Europe ignores one fundamental point: If there is austerity in Europe, in most cases it hasn’t taken the form of massive spending cuts.
Following years of large spending expansion, Spain, the United Kingdom, France, and Greece—countries widely cited for adopting austerity measures—haven’t significantly reduced spending since “austerity” supposedly started in 2008.
In this episode, Max Keiser and Stacy Herbert discuss the audacious finance oligarchies and high speed stock manipulators OOPSING again by front running clients (oops!) and manipulating market prices (oops!). And, once again, the US regulators have just ‘aw shucks’ fined them a small portion of their ill-gotten gains. In the second half of the show, Max Keiser talks to Will Carless of VoiceOfSanDiego.com about the billion dollar cost of repaying back a $105 million dollar loan to Poway School District in San Diego.
A program that provides subsidized phone service to low-income individuals has nearly doubled in size in Ohio in the past year — now covering more than a million people. At the same time, federal officials say they’re reining in waste, fraud and abuse in the program.
In my last column, “A Culture of Delusion,” I wrote that “Americans live in a matrix of lies. Lies dominate every policy discussion, every political decision.” This column will use two top news stories, Iranian nukes and Julian Assange, to illustrate how lies become “truth.”
Former Assistant Secretary of Housing under George H.W. Bush Catherine Austin Fitts blows the whistle on how the financial terrorists have deliberately imploded the US economy and transferred gargantuan amounts of wealth offshore as a means of sacrificing the American middle class. Fitts documents how trillions of dollars went missing from government coffers in the 90′s and how she was personally targeted for exposing the fraud.
Fitts explains how every dollar of debt issued to service every war, building project, and government program since the American Revolution up to around 2 years ago — around $12 trillion — has been doubled again in just the last 18 months alone with the bank bailouts. “We’re literally witnessing the leveraged buyout of a country and that’s why I call it a financial coup d’état, and that’s what the bailout is for,” states Fitts.
Massive amounts of financial capital have been sucked out the United States and moved abroad, explains Fitts, ensuring that corporations have become more powerful than governments, changing the very structure of governance on the planet and ensuring we are ruled by private corporations. Pension and social security funds have also been stolen and moved offshore, leading to the end of fiscal responsibility and sovereignty as we know it.
Fitts explained how when she was in government she tried to encourage the creation of small businesses, new jobs and new skills to compete in a globalized world otherwise the American middle class was toast, only to be forced out by the feds using dirty tricks. The elite instead wanted Americans to take on more credit card, mortgage and auto debt that corporations and insurers knew they couldn’t afford, while quietly moving their jobs abroad in the meantime.