Fed Policy of Quantative Easing 2 (Creating Money) and Very Low Interest Rates Results In U.S. Gross Domestic Product (GDP) Growth Rates Falling–U.S. Consumer Prices Rising–Unemployment Rates Remain High–Stagflation!–Videos

Posted on April 28, 2011. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Homes, Immigration, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Raves, Resources, Talk Radio, Taxes, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , |

 

United States Interest Rate 

“…The benchmark interest rate in the United States was last reported at 0.25 percent. In the United States, authority for interest rate decisions is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate. From 1971 until 2010 the United States’ average interest rate was 6.45 percent reaching an historical high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. This page includes: United States Interest Rate chart, historical data and news. …”


http://www.tradingeconomics.com/united-states/interest-rate

United States GDP Growth Rate

“…The Gross Domestic Product (GDP) in the United States expanded 1.8 percent in the first quarter of 2011 over the previous quarter. From 1947 until 2010 The United States’ average quarterly GDP Growth was 3.30 percent reaching an historical high of 17.20 percent in March of 1950 and a record low of -10.40 percent in March of 1958. The economy of the United States is the largest in the world. The United States is a market-oriented economy where private individuals and business firms make most of the decisions. The federal and state governments buy needed goods and services predominantly in the private marketplace. This page includes: United States GDP Growth Rate chart, historical data and news. …”

http://www.tradingeconomics.com/united-states/gdp-growth

 

United States Inflation Rate

“…The inflation rate in United States was last reported at 2.7 percent in March of 2011. From 1914 until 2010, the average inflation rate in United States was 3.38 percent reaching an historical high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: United States Inflation Rate chart, historical data and news. …”

http://www.tradingeconomics.com/united-states/inflation-cpi

 

 

United States Unemployment Rate

“…The unemployment rate in the United States was last reported at 8.8 percent in March of 2011. From 1948 until 2010 the United States’ Unemployment Rate averaged 5.70 percent reaching an historical high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: United States Unemployment Rate chart, historical data and news. …”

http://www.tradingeconomics.com/united-states/unemployment-rate

 

Quantitative Easing Explained

 

Grant Expects Another Round of Fed Quantitative Easing

 

Ben Bernanke’s Own Words on Fed Policy, QE2, U.S. Economy

 

Bernanke Spotlights Political, Economic Challenges in Historic News Conference

 

Bernanke Meets The Press In Historic News Conference

 

Ron Paul Responds to Fed Press Conference 04/27/11

 

Kudlow Report, April 27, 2011

 

 

Gerald Celente on RT: Discusses Ben Bernanke’s statements on US Economy

 

Ron Paul & The Federal Reserve – End the Fed (27-Apri-11)(POLITICS IN ACTION series)

Ron Paul on Bloomberg 4/27/11

 

FIRST EVER: Federal Reserve Press Conference Since US Coup d’etat of 1913

 

 

Swonk Says Gold Prices `Huge Indicator’ of Uncertainty

  

 

Hastings Says Gasoline Price Rise Won’t Halt U.S. Growth

 

Strasser Says U.S. Consumer to Feel Higher Food Prices

 

Fed Lowers 2011 GDP Growth Estimate, Raises Core Inflation Expectation

 

Gold and Silver Prices Signal the Destruction of the Dollar

 

Peter Schiff Is The Age Of America Nearing It s End

 

 

Marc Faber on Inflation – “The Ben Bernanke is a Murderer of the Working & Middle Class!”

 

 

Ed Butowsky | Stagflation Frustration

 

END FED: Walmart Warns Of Serious Inflation (Food-Clothing) Ahead; Fed-Bankers Caused Stagflation

 

*Hyperinflation Report* Proof Food Packaging is Getting Smaller Tuna, Chips

 

END FED: Oil Prices Rise Due To 1)Oil Comanies Can’t Drill 2)Fed Money Printing 3)Wars & Instability

 

Fed Takes Foot Off the Gas

By JON HILSENRATH And LUCA DI LEO

“…The Federal Reserve used its first-ever news conference to signal it will phase out a controversial bond-buying program—and to reassure a skeptical public that the central bank is doing everything it can to control inflation and expand an uneven recovery that has yet to reach many Americans.

WSJ’s Kelly Evans leads a discussion breaking down Federal Reserve Chairman Ben Bernanke’s first-ever press conference.

“It is very hard to blame the American public for being impatient,” Fed Chairman Ben Bernanke, a former economics professor, told about 60 reporters at Wednesday’s one-hour news conference, which was transmitted on the Internet and televised. “Conditions are far from where we would like them to be. The combination of high unemployment, high gas prices and high foreclosure rates is a terrible combination and a lot of people are having a very tough time.”

Mr. Bernanke said the central bank would complete its $600 billion bond-buying program in June, as planned, and maintain ultra-low interest-rates for the now.

Amid 8.8% unemployment, a moribund housing market, and rising gas and food prices, the Fed chairman took his message directly to the public.

He aimed in part to better explain the thinking within a central bank whose reputation has been bruised by the recession and its aftermath. That reputation is especially important right now, because Mr. Bernanke needs to convince the public that he won’t let inflation take off after pushing interest rates to near zero or employ unconventional measures, such as the bond-buying program, to boost growth.

By ending the bond purchases, the Fed has effectively decided that it won’t do more to boost growth, even though the economy appeared to stumble during the first quarter. Fed officials now will turn their attention to when the central bank might start raising interest rates. Mr. Bernanke made clear he isn’t inclined to do that for a long time, unless the inflation outlook worsens. …”

http://online.wsj.com/article/SB10001424052748704099704576289030398644312.html

 

Economic Growth Slow as Inflation Measure Spikes Up 

“…Growth in U.S. gross domestic product—a measure of all goods and services produced within U.S. borders—braked to a 1.8 percent annual rate after a 3.1 percent fourth quarter pace, the Commerce Department said on Thursday. Economists had expected a 2 percent growth pace.

“We hit a bit of a soft patch in the first quarter, but that should prove temporary because weather was a drag and we got blindsided a bit by a jump in gasoline prices late in the quarter,” said Ryan Sweet, a senior economist at Moody’s Analytics before the report was released.

The Federal Reserve on Wednesday acknowledged the slowdown in first-quarter growth, describing the recovery as proceeding at a “moderate pace”—a slight step back from a statement in March when it said the economy was on a “firmer footing.”

It trimmed its growth estimate for 2011 to between 3.1 and 3.3 percent from a 3.4 to 3.9 percent January projection. …”

“…Rising commodity prices meant the households that drive about 70 percent of U.S. economic activity had less money to spend on other items. The report also underscored the pain that strong food and gasoline prices are inflicting on households.

A broader measure of inflation, the personal consumption expenditures price index, rose at a 3.8 percent rate—its fastest pace since the third quarter of 2008—after increasing 1.7 percent in the fourth quarter.

The core index, which excludes food and energy costs, accelerated to a 1.5 percent rate—the fastest since the fourth quarter of 2009 — from 0.4 percent in the fourth quarter. The core gauge is closely watched by Fed officials, who would like it around 2 percent. …”

http://www.cnbc.com/id/42796520

 

 

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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: , , , , , , , , , , , , , , , , , , , , , , , |


 

 

 

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?”

 

Related Posts On Pronk Palisades

The American People Paid Off The Bets (Credit Default Swaps) Of Wall Street Investment Banks–Videos

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

Quantitative Easing–Videos

Deflation, Inflation and Uncertainty–Videos

The Trillion Dollar Bet–Videos

The Obama Depression Deepens–Federal Reserve Executes–QE II Plan–”Operation Pawnshop”–$2,500 Billion In Quantitative Easing–Money Printing–Will It Be Enough?

 

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Inflation–Surprise–Surprise–It’s Back–An Inflationary Depression Arrives–The Obama Depression!

Posted on February 18, 2010. Filed under: Blogroll, Books, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Investments, Law, liberty, Life, Links, People, Philosophy, Politics, Rants, Raves, Resources, Security, Strategy, Taxes, Technology, Video, Wisdom | Tags: , , , , , , , , , , , , , , , |

U.S. Debt Clock

http://www.usdebtclock.org/

http://www.federalbudget.com/  

   

M3, longer term chart

   

http://www.nowandfutures.com/key_stats.html    

   

Fed Raises Discount Rate – Peter Schiff – 02-18-2010

Meyer Expects Fed to Raise Funds Rate in Middle of 2011

 

McCullough Sees Compression in Treasury Yield Curve

Dollar Spikes, Euro Sinks Amid Fed’s Discount-Rate Move

The Discount Rate

Ron Paul v Ben Bernanke (1.29.2010)

Glenn Beck- February 18, 2010 (Part 3/4)

Glenn Beck- February 18, 2010 (Part 4/4)

Glenn Beck 20091209 Part 4/4

Inflation Nation The Movie Part 1/3 – Dollar Collapse Ft. Peter Schiff Ron Paul Faber Rogers.

Inflation Nation The Movie Part 2/3 – Dollar Collapse Ft. Peter Schiff Ron Paul Faber Rogers.

Inflation Nation The Movie Part 3/3 – Dollar Collapse Ft. Peter Schiff Ron Paul Faber Rogers.

The Federal Reserve explained.

RBS’s Tucci Discusses Fed Exit Strategy, Bank Industry: Video

 

Background Articles and Videos

   

Ron Paul’s State of the Republic Speech (1 of 3)

   

Ron Paul’s State of the Republic Speech (2 of 3)

Ron Paul’s State of the Republic Speech (3 of 3)

   

CONSUMER PRICE INDEX – JANUARY 2010

“…On a seasonally adjusted basis, the January Consumer Price Index for All Urban Consumers (CPI-U) 

rose 0.2 percent, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the index 

increased 2.6 percent before seasonal adjustment. 

The seasonally adjusted increase in the all items index was due to a rise in the energy index. An increase 

in the gasoline index was the main factor, and the indexes for fuel oil and natural gas rose as well, 

though the electricity index declined. 

The index for all items less food and energy fell 0.1 percent in January. This decline was largely the 

result of decreases in the indexes for shelter, new vehicles, and airline fares. In contrast, the medical care 

index posted its largest increase since January 2008, and the index for used cars and trucks increased 

significantly for the sixth month in a row. 

The food index increased in January, with the food at home component posting its largest increase since 

September 2008. Sharp increases in the indexes for dairy and related products and for fruits and 

vegetables accounted for most of the increase. …” 

“…Food

 The food index rose 0.2 percent in January. The food at home index increased 0.4 percent, with four of

percent in January, but still has declined over the past 12 months. The index for fruits and vegetables  

increased 1.3 percent due to a 2.8 percent increase in the index for fresh fruits. The index for meats, 

poultry, fish, and eggs rose 0.4 percent and the index for nonalcoholic beverages advanced 0.2 percent. 

The indexes for cereals and bakery products declined in January, falling 0.5 percent, and the index for 

other food at home declined 0.3 percent. The index for food away from home increased 0.1 percent in 

January. Over the last 12 months, the food index has declined 0.4 percent with the food at home index 

down 2.0 percent and the index for food away from home up 1.6 percent.

Energy 

The energy index rose 2.8 percent in January, its ninth consecutive increase. The index for energy  

commodities increased 4.9 percent, with the gasoline index rising 4.4 percent. The index for household 

energy rose 0.5 percent in January. The fuel oil index increased 6.1 percent and the index for natural gas 

rose 3.5 percent, while the electricity index declined 1.1 percent. Over the past 12 months, the energy 

index has risen 19.1 percent, with the gasoline index up 51.3 percent but the index for household energy 

down 3.5 percent.

All itmes less food d and energy

The index for all items less food and energy declined 0.1 percent in January after rising 0.1 percent in 

December. The shelter index declined 0.5 percent. The index for lodging away from home fell 2.1 

percent, while the rent index was unchanged and the index for owners’ equivalent rent declined 0.1 

percent. The index for new vehicles fell 0.5 percent, its second consecutive decline, and the index for 

airline fares turned down in January, falling 2.5 percent after increasing in each of the past six months. 

The indexes for household furnishings and operations, for apparel, and for recreation all decreased 0.1 

percent in January. In contrast, the medical care index rose 0.5 percent. The index for medical care 

commodities rose 0.7 percent and the medical care services index advanced 0.5 percent. Also increasing 

was the index for used cars and trucks, which rose 1.5 percent in January and has increased 12.9 percent 

over the past six months. The index for all items less food and energy has risen 1.6 percent over the past 

12 months.

Not seasonally adjusted CPI measures

The Consumer Price Index for All Urban Consumers (CPI-U) increased 2.6 percent over the last 12  

months to an index level of 216.687 (1982-84=100). For the month, the index increased 0.3 percent prior 

to seasonal adjustment. 

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.3 percent 

over the last 12 months to an index level of 212.568 (1982-84=100). For the month, the index increased 

0.4 percent prior to seasonal adjustment. …” 

http://www.bls.gov/news.release/pdf/cpi.pdf  

 
Current Consumer Price Index
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2009 211.143 212.193 212.709 213.240 213.856 215.693 215.351 215.834 215.969 216.177 216.330 215.949 NA
2008 211.080 211.693 213.528 214.823 216.632 218.815 219.964 219.086 218.783 216.573 212.425 210.228 215.303
2007 202.416 203.499 205.352 206.686 207.949 208.352 208.299 207.917 208.490 208.936 210.177 210.036 207.342
2006 198.3 198.7 199.8 201.5 202.5 202.9 203.5 203.9 202.9 201.8 201.5 201.8 201.6
2005 190.7 191.8 193.3 194.6 194.4 194.5 195.4 196.4 198.8 199.2 197.6 196.8 195.3
2004 185.2 186.2 187.4 188.0 189.1 189.7 189.4 189.5 189.9 190.9 191.0 190.3 188.9
2003 181.7 183.1 184.2 183.8 183.5 183.7 183.9 184.6 185.2 185.0 184.5 184.3 183.96
2002 177.1 177.8 178.8 179.8 179.8 179.9 180.1 180.7 181.0 181.3 181.3 180.9 179.88
2001 175.1 175.8 176.2 176.9 177.7 178.0 177.5 177.5 178.3 177.7 177.4 176.7 177.07
2000 168.8 169.8 171.2 171.3 171.5 172.4 172.8 172.8 173.7 174.0 174.1 174.0 172.2
Get more Historical Data from InflationData.com
Consumer Price Index- All Urban Consumers- Not Seasonally Adjusted – (CPI-U) – Base Period : 1982-84=100
Note: NA means data has not been released yet. Effective January 2007 the BLS began Publishing the CPI to 3 decimal places.
However, InflationData.com is still the only place to get Inflation Rates calculated to 2 decimal places.
http://inflationdata.com/inflation/Consumer_Price_Index/CurrentCPI.asp

Producer Price Index News Release text

   

Transmission of material in this release is embargoed until                         USDL-10-0206
8:30 a.m. (EST), Thursday, February 18, 2010

Technical information:      (202) 691-7705  *  ppi-info@bls.gov  *  www.bls.gov/ppi
Media contact:              (202) 691-5902  *  PressOffice@bls.gov  

                            PRODUCER PRICE INDEXES - JANUARY 2010

The Producer Price Index for Finished Goods rose 1.4 percent in January, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. This increase followed a 0.4-percent advance
in December and a 1.5-percent rise in November. In January, at the earlier stages of processing,
prices received by manufacturers of intermediate goods climbed 1.7 percent, and the crude goods
index jumped 9.6 percent. On an unadjusted basis, prices for finished goods moved up 4.6
percent for the 12 months ended January 2010, their third consecutive 12-month increase. (See
table A.)

http://www.bls.gov/news.release/ppi.nr0.htm

    

Exploding Inflation & Higher Interest Rates Coming

    

“…It’s been forecast by everyone but those beating the Obama Democratic drums. Even today, many pundits were saying that inflation wasn’t going to be much of a concern but then Thursday afternoon, Ben Bernanke & Boys raised the Discount Rate from .50% to .75%! This is the opening salvo of interest rates that might have to reach DOUBLE DIGITS to contain the massive printing of money that’s been going on.    

 

The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull back the extraordinary aid it provided to fight the worst financial and economic crisis since the 1930s. The move won’t directly affect borrowing costs for millions of Americans. But with the worst of the financial crisis over, it brings the Fed’s main crisis lending program closer to normal.    

The Fed decided to bump up the so-called “discount” lending rate by one-quarter point to 0.75 percent. The increase takes effect Friday.   

The central bank said the action should not be viewed as a signal that it will soon boost interest rates for consumers and businesses. Want to bet? Record-low borrowing costs near zero are still needed to foster the recovery, it said. The Fed repeated its pledge to keep interest rates at “exceptionally low” levels for an “extended period.” But with unemployment still near double digits, and demand for loans remains weak, many ordinary Americans and small businesses have found it difficult to borrow. …”   

http://www.articlesbase.com/economics-articles/exploding-inflation-amp-higher-interest-rates-coming-1876816.html   

    

Glenn Beck- February 18, 2010 (Part 1/4)

Glenn Beck- February 18, 2010 (Part 2/4)

Will Bernanke Spark Inflation?-Leslie Marshall-America’s Nightly Scoreboard 2-10-10

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