The Ruling Establishment’s Robbery Of The American People–Deflation–Inflation–Hyperinflation–Bust–Bailout–Boom–Bubble–The Fall Of The American Republic–The Rise of One World Government and Currency–Videos

Posted on October 23, 2010. Filed under: Agriculture, Babies, Blogroll, College, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Immigration, Investments, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Rants, Raves, Regulations, Security, Video, Wisdom | Tags: Alex Jones, American Ruling Class, Ben Bernanke, capitalism, China, Corruption, deficits, Deflation, Dollar, free enterprise, Glenn Beck, gold, hyperinflation, inflation, national debt, New World Order, Onoe World Government, Peter Schiff, Progressives, Purchasing Power of the Dollar, Radicals, Socialist, The Federal Reserve, Wall Street |

http://www.shadowstats.com/alternate_data/unemployment-charts

“The surest way to destroy a nation is to debauch its currency.”

~Vladimir Ilyich Lenin

“Inflation is running at rates that are too low.”

~Ben Bernanke, Chairman of The Federal Reserve System

“The gold standard has one tremendous virtue: the quantity of the money supply, under the gold standard, is independent of the policies of governments and political parties. This is its advantage. It is a form of protection against spendthrift governments.”

“The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.”

~Ludwig von Mises

Pulp Fiction – You’re The Weak – Extended Version

Jules: Well there’s this passage I got memorized. Ezekiel 25:17. “The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother’s keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you.” I been sayin’ that shit for years. And if you ever heard it, it meant your ass. I never gave much thought what it meant. I just thought it was some cold-blooded shit to say to a motherfucker before I popped a cap in his ass. I saw some shit this mornin’ made me think twice. See now I’m thinkin’, maybe it means you’re the evil man. And I’m the righteous man. And Mr. 9 Milimeter here, he’s the shepherd protecting my righteous ass in the valley of darkness. Or it could mean you’re the righteous man and I’m the shepherd and it’s the world that’s evil and selfish. Now I’d like that. But that shit ain’t the truth. The truth is you’re the weak. And I’m the tyranny of evil men. But I’m tryin’, Ringo. I’m tryin’ real hard to be a shepherd.

Pulp Fiction written by Quentin Tarantino & Roger Avary

 http://www.whysanity.net/monos/jules.html

Peter Schiff It’s Scary How Clueless Bernanke Is

The Dollar is now collapsing – Peter Schiff | Part 1

The Dollar is now collapsing – Peter Schiff | Part 2

The Dollar is now collapsing – Peter Schiff | Part 3

Peter Schiff: Deflation vs. Inflation Argument on FSN

Inflation or Deflation?

Irwin Stelzer on Inflation vs Deflation

Inflation or Deflation?

What is Inflation or Deflation?

Deflation Dangers

Highlights of Marc Faber and Deflation

NBR | Japan Deflation | PBS

NBR | Food Prices Could Signal Deflation Ahead | PBS

Inflation Deflation Debate Rages On: 2010 Economic Collapse

Hyperinflation Nation Part 1/3

Hyperinflation Nation Part 2/3

Hyperinflation Nation Part 3/3

The Boom & Bust Years P1

The Boom & Bust Years P2

The Boom & Bust Years P3

The Boom & Bust Years P4

The Boom & Bust Years P5

The Boom & Bust Years P6

Fall of the Republic HQ full length version

Fall Of The Republic 1/14: The Presidency Of Barack H Obama

Fall Of The Republic 2/14: The Presidency Of Barack H Obama

Fall Of The Republic 3/14: The Presidency Of Barack H Obama

Fall Of The Republic 4/14: The Presidency Of Barack H Obama

Fall Of The Republic 5/14: The Presidency Of Barack H Obama

Fall Of The Republic 6/14: The Presidency Of Barack H Obama

Fall Of The Republic 7/14: The Presidency Of Barack H Obama

Fall Of The Republic 8/14: The Presidency Of Barack H Obama

Fall Of The Republic 9/14: The Presidency Of Barack H Obama

Fall Of The Republic 10/14: The Presidency Of Barack H Obama

Fall Of The Republic 11/14: The Presidency Of Barack H Obama

Fall Of The Republic 12/14: The Presidency Of Barack H Obama

Fall Of The Republic 13/14: The Presidency Of Barack H Obama

Fall Of The Republic 14/14: The Presidency Of Barack H Obama

Bailout

“Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.”

“A man who chooses between drinking a glass of milk and a glass of a solution of potassium cyanide does not choose between two beverages; he chooses between life and death. A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.”

“There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.”

~Ludwig von Mises

Pulp Fiction – Just be Jules 

Background Articles and Videos

The Massive Fraud In Mortgages Continues–Crooks and Corrupt Politicians In Charge–Videos

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 1)

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 2)

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 3)

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 4)

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 5)

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 6)

Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 7)

Richard W. Fisher Speech: Historical Perspectives on the Current Financial Crisis (Part 1)

(Part 2) Richard W. Fisher Speech: Historical Perspectives on the Current Financial Crisis

(Part 3) Richard W. Fisher Speech: Historical Perspectives on the Current Financial Crisis

Peter Schiff

“…Peter David Schiff (pronounced /ˈʃɪf/; born March 23, 1963) is an American businessman, author, financial commentator, and a former 2010 Republican primary candidate for the United States Senate.^[12]

Schiff is president and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.^[1] Schiff frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications^[13] and is a frequent guest on internet radio^[14][15][16] as well as the former host of the podcast Wall Street Unspun^[17] and the current host of the The Peter Schiff Show.

He is known for his bearish views on the dollar and dollar denominated assets, while bullish on investment in tangible assets, as well as foreign stocks and currencies.

Financial career

Schiff began his career as a financial consultant at a Shearson Lehman Brothers brokerage.^[1] In 1996 Schiff and a partner acquired a small brokerage firm that had been founded in 1980, reincorporated it in California and renamed it Euro Pacific Capital.^[18] The company today has more than 15,000 clients^{[citation needed]} and six offices nationwide, with its headquarters in Westport, Connecticut.^{[19][19] [20]}

According to a 2005 article in The Advocate of Stamford, Connecticut Schiff relocated the firm to Darien, Connecticut to find brokers “who think like him”. The New York Metropolitan Area, Schiff says, has the biggest concentration of brokers in the country, making it easier to recruit employees.^[21] The company has offices in Newport Beach, California as well as in Scottsdale, Arizona, Palm Beach, Florida, Los Angeles and New York. Euro Pacific Capital also holds the exclusive rights to broker some Perth Mint gold products in the United States.^[22]

Economic forecasting

Schiff attributes his economic forecasts to an understanding of the Austrian School,^[23] a school of economic thought generally categorized as heterodox (or non-mainstream).^[23][24][25] Schiff voices strong support for the Austrian School, and says it was first introduced to him by his father, Irwin Schiff.^[26] Schiff admits his economic views are not mainstream, and like the Austrian School, he makes judgments without a strict adherence to economic statistics.^{[citation needed]}

U.S. bear market

In his 2007 book, Crash Proof, Schiff writes that the current United States economic policies are fundamentally unsound, and predicts that in the future the United States dollar will lose much of its value.^[3]

Schiff feels that the imbalance between the amount of goods the U.S. consumes and what it produces will eventually lead to problems for the U.S. economy.^[27][28] As a remedy Schiff favors increased personal savings and production which he says will stimulate economic growth.^[29] Schiff cites the U.S.’s low personal savings rate as one of the causes of the its transformation from the world’s largest creditor nation in the 1970s to the largest debtor nation in the year 2000.^[30] Schiff attributes the low savings rate to higher inflation and the artificially low interest rates set by the Federal Reserve.^[31]

In a 2002 interview with Southland Today, Schiff predicted that the economic downturn triggered by the bursting of the stock market bubble would lead to a bear market likely to last “another 5 to 10 years.”^[32][33] In November 2002, US stocks began a bull market uptrend which held steady for at least five years,^[34] until reversing course in 2008, when the Dow, NASDAQ, and S&P 500 began a decline to less than half of their peak 2008 values,^[35] followed in 2009 by the Dow climbing 61% from its low point over the following year.^[36] After interviewing Schiff in 2009, journalist and finance author Eric Tyson, referenced various Schiff predictions during the 2000s and stated that “On all of these counts, Schiff wasn’t just wrong but ended up being hugely wrong.”^[37] Schiff later released a video stating that, “When I gave that interview in 2002, I had no way of knowing how irresponsible the Fed was going to be … But I recognized that early: back in 2003 and 2004 I changed my forecast … if you look at what happened to the Dow in terms of gold [and not U.S. dollars], my forecast was extremely accurate.”^[32]

In an August 2006 interview he said: “The United States economy is like the Titanic and I am here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.”^[38] On December 31, 2006 in debate on Fox News, Schiff forecast that “what’s going to happen in 2007″ is that “real estate prices are going to come crashing back down to Earth”.^[38]

As part of these exchanges on Fox News and his repeated appearances on financial news network CNBC, Schiff had mentioned factors such as speculators and “the absence of lending standards” which are now seen by many^[39][40] to indeed be contributing factors to the housing crisis of 2007-2009. On December 13, 2007 in a Bloomberg interview on the show Open Exchange, Schiff further added that he felt that the crisis would extend to the credit card lending industry.^[41] Following this observation, it was soon reported on December 23, 2007 by the Associated Press that “The value of credit card accounts at least 30 days late jumped 26 percent to $17.3 billion in October from a year earlier at 17 large credit card trusts examined by the AP… At the same time, defaults — when lenders essentially give up hope of ever being repaid and write off the debt — rose 18 percent to almost $961 million in October, according to filings made by the trusts with the Securities and Exchange Commission.”^[42]

Since 2007, Schiff has stated many times that if the government doesn’t change course there will be hyperinflation in the US.^[3] Schiff is one of a minority of economists credited with accurately predicting the financial crisis of 2007–2010 while “nearly all [macroeconomists] failed to foresee the recession despite plenty of warning signs”.^[43][44] In his book Crash Proof, he described several aspects of the U.S. economy that would lead to a recession.^[3] …”

http://en.wikipedia.org/wiki/Peter_Schiff

Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002 Deflation: Making Sure “It” Doesn’t Happen Here

“…Deflation: Its Causes and Effects
Deflation is defined as a general decline in prices, with emphasis on the word “general.” At any given time, especially in a low-inflation economy like that of our recent experience, prices of some goods and services will be falling. Price declines in a specific sector may occur because productivity is rising and costs are falling more quickly in that sector than elsewhere or because the demand for the output of that sector is weak relative to the demand for other goods and services. Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation. Deflation per se occurs only when price declines are so widespread that broad-based indexes of prices, such as the consumer price index, register ongoing declines.

The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand–a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.¹ Likewise, the economic effects of a deflationary episode, for the most part, are similar to those of any other sharp decline in aggregate spending–namely, recession, rising unemployment, and financial stress.

However, a deflationary recession may differ in one respect from “normal” recessions in which the inflation rate is at least modestly positive: Deflation of sufficient magnitude may result in the nominal interest rate declining to zero or very close to zero.² Once the nominal interest rate is at zero, no further downward adjustment in the rate can occur, since lenders generally will not accept a negative nominal interest rate when it is possible instead to hold cash. At this point, the nominal interest rate is said to have hit the “zero bound.”

Deflation great enough to bring the nominal interest rate close to zero poses special problems for the economy and for policy. First, when the nominal interest rate has been reduced to zero, the real interest rate paid by borrowers equals the expected rate of deflation, however large that may be.³ To take what might seem like an extreme example (though in fact it occurred in the United States in the early 1930s), suppose that deflation is proceeding at a clip of 10 percent per year. Then someone who borrows for a year at a nominal interest rate of zero actually faces a 10 percent real cost of funds, as the loan must be repaid in dollars whose purchasing power is 10 percent greater than that of the dollars borrowed originally. In a period of sufficiently severe deflation, the real cost of borrowing becomes prohibitive. Capital investment, purchases of new homes, and other types of spending decline accordingly, worsening the economic downturn. …”

“….Conclusion
Sustained deflation can be highly destructive to a modern economy and should be strongly resisted. Fortunately, for the foreseeable future, the chances of a serious deflation in the United States appear remote indeed, in large part because of our economy’s underlying strengths but also because of the determination of the Federal Reserve and other U.S. policymakers to act preemptively against deflationary pressures. Moreover, as I have discussed today, a variety of policy responses are available should deflation appear to be taking hold. Because some of these alternative policy tools are relatively less familiar, they may raise practical problems of implementation and of calibration of their likely economic effects. For this reason, as I have emphasized, prevention of deflation is preferable to cure. Nevertheless, I hope to have persuaded you that the Federal Reserve and other economic policymakers would be far from helpless in the face of deflation, even should the federal funds rate hit its zero bound.¹⁹

http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm

Alex Jones

“…Alexander Emerick Jones (born February 11, 1974) is an American talk radio host, actor and filmmaker. His syndicated news/talk show The Alex Jones Show, based in Austin, Texas, airs via the Genesis Communication Network over sixty AM, FM, and shortwave radio stations across the United States and on the Internet.^[1] His websites include Infowars.com and PrisonPlanet.com.^[2]

Mainstream news sources have referred to him as right-wing,^[3][4][5] conservative,^[6][7][8][9] and a conspiracy theorist.^[10][11][12]

Jones sees himself as a libertarian, and rejects being described as a right-winger.^[13] He has also called himself a paleoconservative.^[14] In a promotional biography he is described as an “aggressive constitutionalist”.^[15][16]

Jones was born on February 11, 1974 in Dallas, Texas,^[17] and grew up in the suburb of Rockwall. His father is a dentist.^[18] He graduated from Anderson High School in northwest Austin, Texas in 1993. After high school he briefly attended Austin Community College.

He began his career in Austin with a live, call-in format cable access television program. In 1996, Jones switched format to KJFK, hosting a show named The Final Edition.^[19] In 1998, he released his first film, America Destroyed By Design

In 1998, Jones spearheaded an effort to build a memorial for the members who died at the David Koresh-led Branch Davidian compound/church near Waco, Texas, including the ATF officers who died.^{[citation needed]} He often featured the project on his cable access program and claimed that Koresh and his followers were peaceful people who were murdered by Attorney General Janet Reno and the ATF in the infamous Waco Siege.^[19]

In 1999, he tied with Shannon Burke for that year’s “Best Austin Talk Radio Host” poll as voted by The Austin Chronicle readers.^[20] Later that year, he was fired from KJFK-FM. According to the station’s operations manager, Jones was fired because his viewpoints made the show hard to sell to advertisers and he refused to broaden his topics.^[19] Jones argued: “It was purely political, and it came down from on high,” and, “I was told 11 weeks ago to lay off Clinton, to lay off all these politicians, to not talk about rebuilding the church, to stop bashing the Marines, A to Z.”^[19]

In early 2000, Jones was one of seven Republican candidates for state representative in Texas House District 48, an open seat swing district based in Austin, Texas. Jones stated that he was running, “to be a watchdog on the inside.”^[21] He aborted his campaign and withdrew before the March primary when polls indicated he had little chance of winning.

In July 2000, a group of Austin Community Access Center (ACAC) programmers claimed that Jones used legal proceedings and ACAC policy to intimidate them or get their shows thrown off the air. The programmers made their views known via radio broadcast and websites.^[22] Also in 2000, Jones and assistant Mike Hanson infiltrated Bohemian Grove and filmed the opening weekend ceremony, known as the Cremation of Care, claiming it to be mock child sacrifice in front of a 40-foot-tall (12 m) stone owl of Moloch.

On June 8, 2006, while on his way to cover a meeting of the Bilderberg group in Ottawa, Canada, Jones was stopped and detained at the Ottawa airport by Canadian authorities who confiscated his passport, camera equipment, and most of his belongings. He was later allowed to enter Canada lawfully. Jones said regarding the reason for his immigration hold, “I want to say, on the record, it takes two to tango. I could have handled it better.”^[23]

On September 8, 2007, he was arrested while protesting at 6th Avenue and 48th Street in New York City. He was charged with operating a bullhorn without a permit. Two others were also cited for disorderly conduct when his group crashed a live television show featuring Geraldo Rivera. In an article, one of Jones’s fellow protesters said “It was … guerilla information warfare.”^[24]

Media

The Alex Jones Show

The Alex Jones Show syndicated radio program is broadcast nationally by Genesis Communications Network to more than 60 AM and FM radio stations in the United States, and to WWCR Radio shortwave. Live-broadcast times are weekdays 11:00 a.m. to 2:00 p.m. CST and Sundays from 4:00 to 6:00 p.m. CST. The Sunday broadcast is also broadcast by Emmis Communications’ KLBJ Radio. All broadcasts are also available online at prisonplanet.com and infowars.com for live, streaming, podcast or smartphone listening.^[25]

Guests have included congressman Ron Paul, country music icon Willie Nelson, former Minnesota governor Jesse Ventura, author and speaker Jordan Maxwell, actor Charlie Sheen, rapper KRS-One, musician Shooter Jennings, Muse frontman Matthew Bellamy, British politicians Nigel Farage and Christopher Monckton, trends researcher Gerald Celente, musician Dave Mustaine of Megadeth, antiwar activist Cindy Sheehan, writer David Icke, the Rev. Ted Pike,^[26] the Rev. Lindsey Williams, as well as various other guests.

Websites

Alex Jones is also the operator of several web sites centered on news and information about civil liberties issues, global government, and a wide variety of current events topics. The best known of these sites are http://www.infowars.com and http://www.prisonplanet.com.^{[citation needed]}

http://en.wikipedia.org/wiki/Alex_Jones_%28radio_host%29

Is Glenn Beck for Real?

Who Really Runs the New World Order Exposed: Part 2 of “Is Glenn Beck for Real?”

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Deflation, Inflation and Uncertainty–Videos

The Trillion Dollar Bet–Videos

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