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Ron Paul Power Structure (CFR, Trilateral Commission, Bilderberg)
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reformy.cz on Jan 6, 2012
Ron Paul Power Structure (CFR, Trilateral Commission, Bilderberg)
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- This is automatic transcription by youtube you must fix it first before translating contact info@mustwatch.eu
- Power structure - www.mustwatch.eu
- we're joined by John Come
- Ron there's an old statement what i've read and heard about people saying in congress
- Banks never loose
- I think that's a general statement. I think that the big bankers never loose
- but i think a little banker right there was losing
- Because a lot of little bankers are getting closed down because the big banks are gobbling them up
- i don't think david rockefeller zulu going to be out selling apples are
- pushing pencils anytime soon
- a lot of bankers uh... that serbian wiped out that the state level
- are losing
- but the big thinking power structure seems to have control because they're on
- the inside they have control of money
- and they know what policy's going to be down the road genuine specified
- structure of this
- talking about are structural the power structure had basically is made up of a
- lot of
- very powerful business and uh... corporate leaders in the country
- and uh...
- italian particular they have formed their organizations they've been around
- for that la jolla that they don't even hired anymore you know the trilateral
- scrutiny commission
- as well as the council for relations
- no matter what which president which party is in power
- uh... they will appoint to the major officers members are these two
- committees
- and um... they're always pay they always have control the federal reserve system
- so the wall streeters
- the big bankers have inside information as far as what is happening what's going
- on
- and uh... i control over what is pretty significant because
- if you can control money you really controlling one-half of
- every single transaction so that is a tremendous amount of power
- but uh... i it doesn't look like we're going to have any independents are they
- saying the federal reserve is independent
- pesticides nonsense out
- uh... the protection that the congress gave us
- to try to keep us from this happening
- uh... never authorized the central bank in there are very strict
- in the writing of the constitution
- to limit the power of congress to go into the meeting of gold coins
- to allowing only gold and silver illegal tender
- in prohibiting
- the printing on paper money all those things we have failed to follow
- that's why we have a central bank
- with the paper money system
- and a lot of inflation high interest rates in a very very shaky economy
- so i would say that if we would have followed the advice of the founding
- fathers did not allow this power structure
- this group of ages papers in industrial is to get control
- not only of the banking system monetary system really
- our foreign policy and our government i wrote a little speech he gave a speech
- right before i left congress and i said i don't think the members of congress at
- worli
- metal
- howell little affect the alvin controlling things
- brothers
- at that and that means that the congress itself doesn't have much control the
- people doesn't have much this they don't have much to say about it either
- the control of overall policy
- is really in the hands of a very small number of people
- who control all the administration's all the appointments to kevin's uncertain
- how important is to the federal reserve for that shows
- have a single party political system in the united states is maybe
- split into a little bit definitely has a single party if you look at the
- obstacles put in our ways libertarians again on the good balance it's a it's an
- outrage because
- we have to spend that more than a third of our energies in our money just to
- apply to your maintenance state ballots and uh...
- in this uh... distracts as some say since almost impossible you know
- they say and i have not personally investigate every law around the world
- but they say that we are one of the compass countries in the world
- to get the new parties as to the american people be condition
- it's great to have two parties we don't want to be like italy where there's
- always choices we want to live in our choices it's easier that way and we
- don't be like seventeen and it was only one part yeah that's right so they have
- to do
- for the party never change what's the difference
- so we do have one party than policies the retreat you know even if they would
- have a different stuff
- maybe another republicans we would have
- uh... closer to a balanced budget but the deficits or worse with the
- republicans
- but foreign policy the policy of intervention subsidizing communism
- and uh... helping rich allies out always continues republican and democrat stuff
- it was the same policy republican democrat supported uh... was like a
- really endowment
- the c_i_a_ operations of the f_b_i_ all these operations are goes by the by the
- other two parties
- but i met for that reason we're going to get control funding as well
- the other two parties get over a hundred million dollars punitive you know not
- too long ago we had the two conventions on national television
- republican democratic convention
- meaner people didn't watch they should have to pay for it
- they paid nine billion dollars
- we're citizens were forced to pay
- to run this conventions nine million dollars apiece in their forty dollars
- exposure making it began
- very difficult for a new option a third option
- to be heard it's at a very hard to get our message out
- uh... but the controllers there whether it's in the political control or the
- banking control
- or in government policy control
- in the administration's i want to touch if i may just uh... your comment a
- moment ago about
- diabetes
- departing speech he left with your colleagues in congress that you were
- there for four terms in
- uh... i think they are aware of the general level of awareness of your
- colleagues in congress at the time do we really do not know
- found that all of this is going on with the power structures there unseen that
- really manipulating the strings both of them don't know most of our suspicious
- but there are the problems are more seriously would never never
- uh... admit publicly that they don't understand
- the policies uh... i've had a lot of members of the banking committee come up
- and ask me questions
- the federal reserve system work
- when our special going right
- out what is the earlier mail and they'll be ready quietly because they haven't
- had really studied it
- are sold most of them are not even very much aware that there's some serious
- that problem
- if you get to have somebody to have a committee
- that's been around for thirty years or so
- uh... i think that they know very much was happening other very much a to do
- what's happening in pulling together parliament to get ahead of the committee
- unless they better more or less than accepted that
- uh... you know by the power structure
- but yesterday uh...
- or just a quick look ah...
- a few years ago
- after reading the joint economic report a joint economic committee
- that congress
- and reading it looked like it came right out the trilateral commission
- they look all the old buzzword to try it out of commission reports had all the
- things that struck out of commission wanted that
- and so i don't know
- to say here
- when the memberships organizations of these congressmen and uh... senators and
- sure enough
- almost everyone definite heard member trilateral commission of goldberger
- hassle file and i can remember having a conversation with barber
- educated that you have the project was he was complaining about you know as
- people always complaining about
- mead belonging to the trilateral commission he was complain to me and
- hot
- mila bhi holi was barakhamba but uh... says he resigned from congress we're
- here not
- the head of the world bank and it out
- heil i'll let congress i studied the banking system i'm missing something
- about it
- david called me he had to live as a bike that's a and i've been waiting at the
- telephone waiting for them to a break
- but john you've studied a lot of that sort of uh... banking industry structure
- and uh...
- it's not only in a rock and a bitter international in her lifetime
- yes there are and uh... they ties with the foreign banking the interests of
- people settle this country had left
- of course
- came over here and settle down in almost immediately
- the uh... the powers that be in the european continent in the money circles
- were reaching out those tentacles to gain control of the
- a new country here
- and that struggle has continued we see attended crucial controller currency of
- a struggle
- between jefferson
- as a matter of fact i have a quote from jefferson that i think it's very
- premature discussion here
- if the american people
- ever allow the banks to control the issuance of their currency
- first by inflation and then by deflation
- the banks and corporations that will grow up around them
- will deprive the people of all property until their children will wake up
- homeless on the continent their fathers occupies
- so he warned stud farm orgo and here we are and his police is coming true
- distant at his side certainly won the fight back then they got the right
- position in the constitution the head of the debate over the money issue
- apartment he will have won the federalists outlaw stage act
- hamiltonian lost uh... but then subsequently it's been downhill and
- certainly in this century it never happens at one time you know is that all
- or nothing teaching way even though we've got our central bank in nineteen
- thirteen
- it wasn't a total destruction of the system
- still to come from nineteen thirty nineteen seventy one
- uh... to open up the floodgates but it was in seventy one
- that uh... the last linkage to gold occurred of course in the sixty there
- were still some linkage to silver presence everyone only have to do is
- look at the economic record of spending and deficit sent
- all the economic problems of interest rates and
- all the price increases i mean it's just been
- totally out of control
- and uh...
- then the didn't believe in nineteen eighty there was another law to
- increased tremendously
- cd up our anti-communism savings loans
- in getting an increase in at how our total resources from kurt since nineteen
- thirty was in nineteen eighty
- further enhancing and more power
- uh... into the federal jarvis was a time when they
- introduced this idea
- that we packwood used anything to reserve it used to living as an asset
- to collateralized referrals are not see the old days you have gold and silver
- as collateral to should know
- which isn't in
- etc combat you know it's collateral that would restrict the monetary ortiz it
- would be a certificate you know would be guaranteed security
- that was the end the date changes that you can use any asset
- even afford bond
- so he's trying to get all that you can use that they have used for too long
- they put in the federal reserve and that's the baki
- at the collateral prayer federal reserve it
- battlestar currency has
- you wonder how the currency works it doesn't deserve it work
- is something people don't wake up
- and realize that money's worth less and that's when you have a runaway inflation
- today we just have gradual steady inflation
- depreciation of money
- causing a lot of harmony
- is suffering
- one-day we're the country's we wake up in this would be a catastrophe focus on
- the on the federal reserve itself up for a moment in that
- i wonder how what percentage of the people no
- that the federal reserve is not
- really a part of the government privately held corporation and who wants
- that you know the federal reserve like do you have to a comment on that well i
- think very few people understand how it works out because there is a congress
- word i'd really like that very much aware of it
- but i think it's a little bit worse it just saying it's private
- you know they were just prior to it that it had to live within the laws of the
- way down cholesterol i think they would have to uh... the republic
- corporation and you know it open there is no public corporation you have a
- right to know what your corporations do if you are in stock
- and the efforts of here in secret
- where they get their power isn't the power of the market is the create this
- corporation
- you know they in addition to be very secretive
- have the wrong there is a sugar creation from god
- so that we create seventy create especially
- stories much worse than just being a private corporations
- is a very secretive
- friday government ordained corporation that has the power
- to counterfeit money it's very very unique in much worse than just being
- private
- it's the secrecy of it in the power that he gets through government legislation
- that makes it so we will
- how you get the ranking republican on the house banking committee for a while
- but i one of the subcommittee and i don't know interaction and to understand
- correctly that members of congress aren't can even go to the fed meeting
- schedule i dot e was very interested in should i was on three sub-committees
- to being according to the domestic monetary policy subcommittee
- but i could not go to a meeting i couldn't get an audit i could even check
- the books
- in other words you create the money and i i was are you
- i was elected to be responsible to the people and i would be
- inquisitive and looking into these things here at a_b_c_ we need to know
- what the people needed i will tell you they're in charge in word is on the
- outside looking in
- rather than the people being charge of the government sending me or somebody
- else's their congressman to control the bureaucrats was turned upside down
- they have control
- and they allow us to know what we want and what they think we should know
- help what does the federal reserve system actually do
- science
- so many people say you know i think that's under the federal survival of the
- federal reserve bank does
- and why isn't it interesting about invest several things one of the nine
- vented dozens of ways uh... efficiently that is exchange jackson another
- mixture here at the back of the country
- received
- music ph
- the federal government without the debt they tend to have a habit of doing this
- at nato headquarters is you know run by republicans the democrats and they'll
- spend money ran out the gap
- where they stand they have to taxes get ticket tax enough than they have to
- borrow
- anything can't buy now
- that we have one other option ticket tax to borrow
- inflate inflate
- most important thing to remember is inflating
- is not the prices in the prices go up after the money is inflated
- in the money loses its value
- salute fayette is designed to accommodate the politician in the very
- secretive manner
- the politicians spend the money
- has a special whose guns and we want this we want to ask
- the politician gets reelected so he's rewarded
- and the tax becomes an indirect taxes are going to record to the people what
- we
- but the federal reserve does
- if they can take a treasury bill
- except the treasury bill which now is just a mere
- puri tree
- they accept the treasury bell ten billion dollars
- aniket treasury
- ten billion dollars in michigan
- the federal reserve get the money
- right up there like a pet
- they create money
- they put any kind of this error expensive
- and then that means that the people who got that money immediately get to spend
- it it has value
- but is it circulates in the economy
- the value to purchase permanent is duniya prices going up
- the bad part about this is not everybody suffers equally
- if the money supply went up ten percent
- and everyone of us have the cost of living go up again at least ten percent
- it would be nearly the great harm but because of the system it's designed a
- little bit of benefit the politicians in the bakers and big corporations those
- who get the money
- they get the money
- they get the benefit needed somebody else in but here are two or three
- suffers the consequences
- but we read about their federal reserve
- essay bankers bank
- and uh... we see them that they raise the discount rate or they increased the
- money supply
- what all these things for me
- well the bankers bank means literally that the bankers are required to put
- their deposits at the federal reserve system of their account or the federal
- reserve system like sap the sap
- reports of a reserve the federal reserve has all these regulations and rules so
- how they control the whole top banking system
- yelled friday today in their efforts to fine tune
- although they've literally destroyed the money that you don't want to destroy the
- million man want to control things so when inflation hits perking along
- they're aware of the same economic arafat's unaware of
- and they know that if they're not a little bit cautious about this
- uh... they
- could have you know runaway inflation so they tend to back off
- that benefit from the backing off and he's a tightening credit
- raise interest rates and cause a recession
- and they do it in the name
- of saving the economy
- which they have to wear the currency gets out of control
- but i know it's coming then they benefit only to the may benefit say no to them
- to be a passion and i think you should return to the extent that bad
- so they whether the economy's going up or down
- if they're designing the policy making they can catch the slain so it's the
- inside information they had that they have
- but they didn't give the recessions which are
- literally the results of the inflation
- the system would crumble much faster
- but argument as hard money people use that in spite of their arrogance
- i think that they can keep this going forever
- it is par for the are
- the market is more powerful
- super
- decades they kept that gold price at thirty five dollars an ounce and we will
- regulate prize gohil
- but they kept putting the money that market finally broke down the price of
- gold
- well the marketplace will finally
- uh... we now in the people wake up and say
- it's all papers solace came out
- if that's where there's chaos and that's weird
- the painters realize they're getting out of control that suede reconnection of
- the bankers to the politicians as critical
- because them power
- is threatened
- so that's where they had when they come down with a political control of our
- lives
- that's why the emergency powers already written
- the president can declare an emergency and take over the industries
- it's equal rising confiscated all
- and that's why
- we should be concerned we should be concerned for
- uh... you know our prosperity
- your standard of living in all
- but our greatest concern of the that when these crises come in the market
- uh... disrupts
- this political system and its monetary system
- they were threatened by political power taking away more our personal liberties
- of the stuff you know regulations you type of program under the fear of the
- emergency powers and they came up even in the country hearings that
- that they were emergency powers resented that fact that great hero oliver north
- was a good dissipating
- in deciding some of these
- covalently
- if necessary suspend the constitutive
- manager i think they're kinda
- i don't know if you recall at a concentration camps like this was
- brought up in the female t_v_ iran-contra hearings remembered
- there'll be a lethal passage nec this is something we can discuss the elderly
- people are a lot of bilbao best uh...
- you know that's why
- who who protected
- uh... this information who protected
- oliver north
- the head democrat
- which is usually the power structures the same
- but john you bet it makes them
- history of the uh... federal reserve having to come about
- poets marquee story
- and uh... i think it may be in nineteen thirty not to be three years we went
- down in infamy in american history because not only do we get
- but just barely in nineteen thirteen out of the federal reserve we also got the
- income tax in the very same year those two things overturn
- to bring anything in our society how have you ever since that time but
- it with a very secretive thing
- it really goes back to uh...
- the bankers getting in a sealed railway car and sneaking off to jekyll island
- florida
- and it was a very secret meeting
- and technicolor firstname club and the company to buy their first names of the
- even
- people who work there as uh...
- waiters and servants and so forth later couldn't identify for sure committees
- and participated in that meeting violent
- for five people at most but can i believe we have eleven or twelve and
- that group of people who literally uh...
- laid the basis for what became the the federal reserve
- mexican trucks
- makes clear october more than people
- note that groups are you gonna probably know something in that area of the house
- there was a similar whereas woodrow wilson the
- people where they are over this occurred i believe in nineteen ten
- or so when a magical allows the stragglers a couple of years later a
- time i got my you know that was finally passed in nineteen thirty
- he was kinda sneak through congress
- and uh... you wilson actually signed into law the federal reserve act
- like two days before christmas
- and when many of the senators and congressmen
- of course with transportation in nineteen thirteen the models they have
- long since left the nation's capital many of them
- but the ones that they wanted to stay and vote to give stands out
- wilson signed the line uh... two days before christmas
- and traditionally hasn't that been a period whereby gentleman's agreement
- that important legislation is not enacted right around the christmas
- holiday it may be a gentlemen's agreement that that's generally the time
- that i was always most vigilant because i realize that it looks like a perhaps
- the most of the more onerous
- you know in the last day of the session is unbelievable stacks and stacks of
- piece of legislation committed
- nobody read anything
- so the worst things happen at the time but it is supposed to be
- that if the members are attending that they would be doing these kinds of
- things that uh... you're absolutely right there was a very low attendance
- and
- and uh...
- it was uh... it was an unusual year because generally congress tinley
- gambling a year and i don't know
- whether they were called back into session one that was unusual for
- congress in
- back in those days now it's very common to be all year so packed and they were
- using orientation two or three months of the year
- but here they were in session in the summer very unusual year and won the
- most important pieces of legislation certainly in our history kind of just
- washed through at the last minute without anyone really paying that much
- attention to it
- in biomedical so interesting there
- there were a lot of people who work for all the log congressman
- western part of the united states heats up more popular
- the cool about what's happening they recognize that there is a gravy train
- going through the bankers so uh... they've actually were opposed to it
- and uh... in reading your book secret federal reserve that i thought was
- fascinating but the bankers
- seven organization to complain about this federal reserve is
- uh... act which was their they were secretly trip that which i think they
- have stopped and they were secretly a uh... trying to get past
- but they complain that was going to come just so it would uh... the people who
- think that although we gotta pass this bill harness the bags yet they were
- you're literally getting a license to steal because at really
- permitted this fractional reserve banking system to occur where they
- concurred that their deposits
- will not money that they don't even have said it was a tremendous benefit to the
- bankers
- nothing of this that you will find and uh...
- history books or books on governmental of economic history united states
- nothing about how they deliver certainly not teaching in school running a public
- let's all the schools hopefully we will
- today that its get stuck somewhere let's come forward from nineteen thirteen to
- the depression era and the role that the fed played in that inflation deflation
- cycle joy to comment on that
- yes a lot of people uh... and you can still find in the history books that
- uh... the economists were reassure the nineteen twenties that there was no
- inflation
- prices were relatively stable and they always
- uh... i said that inflation was rising prices
- but you had a monetary history there was a lot of
- monetary inflation during the nineteen twenties
- and the money instead of going into production it we need to speculation of
- course it bid up the price of stocks and real estate
- inhibit finally came to that time when
- that there is concern or are they make the decision like that and we think we
- have not only save the dollar
- stopping inflation but we can make some money on a mistake
- we're going to have to turn this off so they cut back on the credit
- they cut the stock market crash then of course in the great depression followed
- coggins
- previous inflation always leads to a correction of indiana ave other
- recession or depression
- if you compare what happened in eighteen twenty very sort of what's happening
- here in the nineteen eighties
- and you just think about how many times you read the last six or eight years
- the big apple store was there's nothing to worry about there's no inflation
- where there's been a much greater expansion pack money now than it was in
- the twenties
- course there is a greater speculation stock market
- in a bigger stock market crash
- so i'd anticipated many austrian free-market economists anticipate
- that the precession that's coming
- will not be a recession and all the a depression card be bigger than the one
- we have the nineteen thirties because it will be the correction for all the
- now invested all the mistakes made
- because of this artificial credit pumpkin
- by the federal reserve system so we have to look for the correction the next
- president will be blamed for the depression
- but it is that they should get the blame it should be the federal reserve policy
- in the reagan administration in the congress today who've run up the debt to
- create the new money
- could set the stage for the next recession connects recession or slant
- depression if it becomes that do you have a an idea in mind for when that
- might
- begin that we see all these books out now the great depression in nineteen
- ninety and
- another idea but the most important about on-street economics is that you
- cannot project
- precisely because
- events occur with the emotional aspects human beings making decisions that swine
- power although many
- including myself can say this would be a stock market
- but i didn't know some of the october nineteenth occurred in october two
- temperament november fifteenth
- and maybe becomes wooden people just get frightened and scared in panic
- uh... so
- austin economics teaches that yes we know what the questions coming
- so we don't know the day it's going to start
- but still a lot of people say well what do you think because uh... you just have
- to
- that make a judgment for personal and financial reasons
- i think it's going to do this to be another major financial men before the
- end of this ship close to the election more likely before that afterwards and
- that by next year next spring
- it'd be very clear that this country's moving rapidly into recession
- we put that question to congressman gonzalez
- a former colleague of mine housing banking haircuts ecstatic
- and i said that well i've been reading a lot about uh...
- helping next president gabrielle next herbert hoover
- and he said
- if we're lucky
- the depression well wait that long
- yet i wouldn't have arguable opt out like that but time is running short here
- we are in town obvious to ready and uh...
- um... recession could start
- tomorrow next day they can be very clear i think matter fact the standard of
- living has been going down i think history is going to show that
- uh... the country have been down the dime subway for the past ten years
- it's just not going rapidly in is not confirmed by the government statistics
- but they are changing all the time
- but you g_n_p_ figures to reassure is everything is ok and forty percent of
- g_n_p_
- is government spending and we really get the money that credit
- and uh... i also out
- you know like for cpr me
- they change in that it's going up too fast to change the way they calculate it
- if you go to the average guy in the streets asia cost of living going on
- here i can pay my bills outlining the bond st anymore and uh... so things are
- a lot worse than the government leaders to believe
- to get back to this matter of
- political power he can economic power
- and control of the economy
- were you when congress one right at most other
- now but i was in congress when his son was their albania bill cabinet that that
- was their but i didn't know right pavan right hand of course was that
- chairman of the banking committee german
- he had some good ideas about the federal reserve only had uh...
- the den my studies on american power structure is a real gold mine because
- his connecticut home which you
- made studies of how the uh... big banks in nine states control they yeah
- corporations in the united states and its incredible
- during walking directors and stock ownership with
- they uh... i guess so did you see him at the soho grand might not be the detail
- to keep looked at it but it's obviously very clear out of the one that i picked
- up
- from right happened was he has built a lot of the federal reserve and i've only
- made minor modifications to add that that often
- and he of course was a champion of the open missing government he wanted to
- know what the federal reserve is doing and he never
- finally i think it is older two years
- they had voted him out of that power position you know even before he was out
- of congress he lost
- disposition i put in henry roy's who was much more control
- uh... by the out banking people
- butter
- uh... he uh... he was a good person and he wanted more open as i don't know if
- he was a strong with the gold standard as i a m but he certainly was against it
- the type of banking system and how that
- how the banking system the federal reserve serve the interest of the
- bankers of large corporations
- bankers control the mass media
- control of the major industries in the united states
- probably settlements are a lot of people say that i guess i a has a date only
- that i don't have
- you know would prove sitting in my hand but i think it's very clear i can see it
- in government and i saw it in banking
- and certainly can't be surprising if they're involved with other large
- corporations
- lawyer the media would be very much involved to that it would be more of a
- surprise to find a not to be the case but
- i don't think i could
- taken into court right now and uh... i think that that
- proof that is necessary but i think
- those who have studied at taft
- feel that that is the case
- can you see uh...
- this scenario assuming you're elected president of the united states you're
- sitting in the oval office can you see yourself sign
- a bill or a directive abolishing the federal reserve
- well allot would have to happen you know if our
- if i went there and i was a libertarian president of the congress remain the
- same in
- the spending was continuing in the people still want it all those big
- government
- no i can't tell you i can sign a bill because it would have passed
- hot in the first four years of a libertarian administration i don't think
- we're going to change that unless we're picking up the pieces
- you that i want that have not like that
- avoid the chaos and that's uh... my goal but if there's if there's an economic
- calamity mingled to libertarians for solutions
- then it's conceivable
- but that was more like being a profit and then somebody running for president
- you know and
- and i just don't know how it happens will happen
- uh... but i do believe that we continue to do what we're doing continue to spend
- one of the deficit print the money
- uh... i think we are going to have the prices
- but that right now on terrifying to think that the people in washington are
- going to want to ask for the answers
- they're going to enforce these uh...
- emergency powers of g_m_ it will be incumbent control
- are not the american people
- canoe
- addicted you're committee uh... look into the matter of days
- uh... that which one country so to be so-called
- yes that's been going going to serve in nineteen eighty two was a key here
- because there was a big bailout of mexico two argentina brazil
- inorder patch it together
- and uh... they get everything illegal just like it was uh... illegally gotten
- even admitted by donald regan with secretary of that
- it was illegal and how they bailed out
- continental illinois
- and that they do whatever is necessary
- to keep the structure together the system together if
- big banks got what little banks
- but nothing exists in the race is not
- liked what was happening in the nineteen twenties nineteen-thirties
- and uh...
- they'll do whatever's necessary so that's what happened back in nineteen
- eighty two they work internationally to
- the federal reserve the treasurer of the world bank bank of international
- settlements which is the deposit or for all the central banks so you have the
- federal reserve banks depositing in the federal reserve system but the central
- banks of united states are all the other confusion
- bank of international settlements in switzerland to be
- the international bankers bank innate all got involved to keep destruction
- again and again
- restored order that was back when goldwyn
- quickly from three turnout up to five hundred dollars within a six-month
- period
- but then i saw that the market is setup looks like a horse together for a while
- longer they certainly have
- at the expense of the american taxpayer
- and at the expense of the dollar
- the questions that the dollar value has gone down forty fifty percent invaluable
- occurrences prices continue to rise eventually my target is
- the marketplace will overwhelm even those men of great power
- and there will be
- a pani
- that the bankers won't be able to maintain
- and then they will want to maintain their power but not by not by
- fine-tuning the economy
- but then by the intimidation of political force
- but noticed the very little talked about doing that
- this is from the alternate press
- where about
- head of the fed called broker
- got a little bill or a little
- sentence on a writer on a bill passed through congress that
- if necessary please foreign debt that these
- that third world countries to the u_s_ banks
- we'll be back arrives
- justice way of saying that the u_s_ taxpayers to pay for it yes this was
- part of that motor control act and that means that he had found the fed can hold
- any asset they can hold off for bond
- a little bit of a lot to taken by mexican bond that's four plus
- putting the federal reserve and the word monetize means
- is that it can be collateral for issuing credit issuing federal reserve notes and
- that will be considered an asset
- probably at face value
- they're not going to be i mean the bond is really worth anything obviously
- but they can monetize that that is we may we'll take it as an asset
- create new money in distributed
- so that isn't that correct
- bailout by pakistanis its power its an indirect because what we do is we by the
- mexican bond
- ended with the bond hot in the federal reserve actually did it works twice
- because
- that say the mexican bond is a billion dollars worth of mexican bonds and their
- so the festival won't buy maybe some are casual by your bond from being we give
- them the money they take that out of
- out of the system and they send it to
- but it would be taken to the asset it becomes
- an asset to the federal reserve is all we have something we can back up our
- current siguiente
- and so they think is worthless
- instrument that they paid for
- with the arab money in the neck put it in their assets of the nation
- create used and to create more money so they really
- monetize it twice so to speak
- how closely tied
- federal reserve system and a u_s_ banking system with the
- european banking system rothschild
- the international bankers are buddies
- you know in the air is there a closer together
- and they deal with policy outside most of the legislative institutions that the
- central bankers are more powerful than say the
- uh... congresses of the different countries they have much more power
- and therefore
- through the bank of international settlement in the i_m_f_ and world bank
- they have total control this and they have meetings
- or even the secretary of treasury pessimistic it strictly the bankers the
- federal reserve in the bundestag in
- all the other base of world they get together
- and they make these plans and that's why they come up
- with the bailout systems you know if there's a banking crisis someplace
- but uh...
- bay they will have do whatever they think is necessary by the creation of
- new credit right now they have made the agreement
- that they will create more the special drawing right which is nothing more than
- credit instruments in the early enough
- they create amount of d_n_a_ here i have a monetary value in all based in all
- currencies
- and they can give those to whom it or do you think
- and that i disagree dick recreate forty billion dollars
- worth of into
- special government
- out there
- they'll pop them as the role that i am a
- fifteen seems to me that there will be taxpayers' money goes the i_m_f_ they
- give it to the third world country which in turn turn to back over to the banks
- of the kleczka and a lot of it just goes directly from uh... you know the
- taxpayers directions and they do that because of third world saw a computer so
- that was you know a few years back i guess was eighty three there was an idea
- that they are neighbor
- in financial trouble it was nine billion dollars
- most of that money was this a pay interest
- you know just to the big banks
- that's why the panama canal treaty existed
- uh... there was a banking deal to it was uh...
- panama was having trouble making their payments to the banks and they need a
- better cash flow the canal treaty occurred they had
- more income
- now there are uh... lower gold that noriega sick whites who will be here and
- there are a little bit bored by it all that
- that you tried yesterday on noriega with
- really let him pick people from our business banking industry they had a
- banking hey you know they're the mental noriega since uh... quite so be it it's
- making the bankers will nervous
- they'd like to get rid of it so far i haven't been able to
- and i think one of the reasons he has a lot of
- hit a lot of information that he has threatened to wear
- racing you ever get too close to his word and let the world that was actually
- how you've been dealing with this in subsidizing are drug traffic
- so i think he's doing blackmail
- people who've studied date
- drug trade say that shifts were it not for the collusion and uh...
- facilitation
- watering the money by the big banks
- the drug trade would be a bihari
- that have a great deal of difficulty because that a little early in the body
- to some of these banks
- him a little banks and
- and they didn't wear
- you know still running through those a great pretense
- that there's going to be a lot of crack down on all these drug dealers and this
- money coming in or not they're going to find out who it is
- but i think that's basically
- designed to use as an excuse to publicists turned against drugs
- so that they have currency controls on whom
- on american citizens who finally live up to date
- hey i can preserve our wealth of this country i'm gonna put a couple careers
- over in this over into swiss banks
- so they try to take everybody waited near the time of runaway inflation
- people will take the money out of the country
- to preserve their well
- and that's why there have been doing writing all these laws
- not to test the drug dealers i think that's just doesn't you know that i do
- you often
- think the real reasons have currency controls on american citizens
- because once
- a large number of citizens decide to leave missing a common people of mexico
- tried to come here with me at making prices occurred you know the government
- clamp down you can take money out
- they steal fiat
- but we'd we have is that
- weaker controls and nineteen seventies
- currency controls trying to keep people britain had amman off and on
- in the hallway always resort to those kind of things
- uh... so we can anticipate it
- but i think that's one of the uh... purposes of the big drug issue resorted
- to
- write these laws so that they control
- innocent american people who would like to preserve their wealth
- but they could plant they could do away with adultery pretty fast they really
- clamp down on the big banks but there they had people in the power structure
- net that's right but they're not likely to do that
- kuttner
- but john you have uh... taking a look at foreign investment in the united states
- something statistics have internet starting with you we look at it on and
- one on sun mon
- run your from houston then there was a uh... story recently about houston prime
- real estate they're being about thirty six percent foreign-owned that occurred
- in the u_s_a_ today front page story
- uh... prime real estate in los angeles forty nine percent forty six percent
- something like that for now
- we're seeing now investments everyday banks being bought commercial properties
- farmland
- that i saw there was a study released last month on it but it's the foreign
- investment total
- in the united states now is in excess of one point three trillion dollars and
- growing i had a tremendous right
- uh... we call it the liquidation sale of america
- why is it happening
- uh... there are several reasons why it's happening but i think in a lot of those
- of us was from a bank that
- japanese
- japanese investors
- page rather interesting to note that we had to fight a war not too many years
- ago as you can we do with hockey won the war
- and now they are home
- not only uh... a lot of used to the los angeles they'll be watching tv teacher
- they've won uh... bondhu are bad policy with the could win the war
- the main reason is the dispute are sick currency we have a balance of trade
- problem but we compound that by literally
- exporting a lot of our money through foreign aid and military so we need to
- pay and get the benefit of fifty billion dollars a year by asking for all their
- nation depends
- so we sort of subsidized them and uh...
- because we're less competitive in our interest rates are high in our interest
- rates eight nine percent of the inner twenty three percent
- at labor costs are lower so we can compete anymore that's why we can't find
- japanese products
- a lot of people say well the only solution is is to write a large native
- americans can't buy japanese cargo for disasters allot investors covet
- we have left don't accept that as
- treating the symptom rather diseases eases up foreign policy
- where we subsidize these rich allies at the same time
- we have a currency this week we have economic conditions have made a strong
- competitive
- we don't want to take away the right of the individual to buy whatever party
- once we don't want to
- some type of walling off of our country and say nobody can come and go ahead
- people taken and i want a right to go out of the country and that's
- and that means we have to allow somebody else to come in here who has a large
- solution is
- free-market sound money low interest rates competitiveness free market prices
- in labor
- quit subsidizing shapiro a different foreign policy
- then i don't mean to interrupt where we've never had to worry about
- if ordered by end of this country until
- recent times
- japan until we got into the east
- economic problems
- but it's mysterious people who say we shouldn't
- uh... keep financing base defense of western europe and japan
- and yet those people who are buying american securities implementing our
- deficit so they are and your honor's yall so they are indirectly paying for
- their own defense you know there is that there's some truth to that and uh... i
- think is going to be able to do i think that
- sometimes they're buying the car get when it doesn't make a whole lot of
- sense but
- tend to think about it you know this internationalism
- uh...
- they did this in order to maintain their order for their benefit so
- even if it is into japan's central banks interests
- you to buy our securities uh... for strict economic m_i_t_ or by somebody
- else's security make more money
- and i get a bus with security might be a better deal
- but if it's best for order uh...
- in their eyes i think yes they will in indirectly that is the case so
- i hate long-term we can't paid his debt so if we go to pay him a trillion
- dollars that they've bought a trillion dollars worth of our treasury bills
- i think they're going to be left holding the bag that's when i think the panics
- account with finally gallons on them
- that their holding a lot a lot of the day after they quit buying art dept
- that'll be the precipitating event for the prices
- and that's when the deadly cocktail
- you know this is a cartel central banks
- i never working pretty well together there's a lot of power there but i think
- they'll finally
- break up the bill clark allendale yet uh...
- a little bit n c and that they will bark at me in the pinnacle start
- just under a potential problem one of the buying up so much u_s_ industry
- embankment land
- and that is
- with
- ownership comes control
- and power
- so are we used to letting them do this actually
- giving the japanese were more power over are declining so session that's what we
- should change our policy is where we should somebody
- i think it's very dangerous because uh... that we literally we'll lose
- control
- and uh...
- that's one of these are urgent
- that we looked at balancing a budget as quickly as possible
- restoring sound money and changing our foreign policy
- if we're concerned which i think everybody else i don't think anybody as
- i'm concerned i think some people come up with different solutions but
- i want to
- not deal with it in a row sensor probably bring some little
- rigid rules say well i can solve this if we just keeps pm's cars out here
- competitiveness on our part
- it's not that easy i mean we have to look at the big picture
- of the economy no monetary system the deficits uh...
- the whole thing put together
- in order to solve it
- needs it's not easy
- well thank you for sharing your time with a stake in europe your background
- inside
- and uh...
- we all got a look at some place to go home at the crash occurs or not where
- it's going to be a bit we gotta prepare ourselves that we all got start studying
- japanese hopefully no idea


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