Listen to the show now: Clip 1, Clip 2, Clip 3
Longtime financial professional Charles Goyette discussed the continued devaluation of the U.S. dollar, and how he sees this crisis unfolding for the average American. Over the years, the dollar has lost 96% of its purchasing power, he said, and the current rise in the price of gold reflects the fall of US currency. America has a staggering amount of debt–$1.3 million for every family; these debts will be accrued in some manner– typically by fleecing the middle class, he warned.
(more…)
Listen to the show here: clip 1, clip 2, clip 3, clip4
Analyst of geopolitics and foreign policy, Craig B. Hulet discussed how the banking bailouts were put in place by a “thugocracy” that has set the stage for a global financial system that excludes the United States. The thugocracy is composed of a group of banks that have acted like extortionists on an unprecedented scale, he commented. The President doesn’t have the power “to stop the global regime of economic interdependence,” which is how this group refers to itself. “I call them a medieval corporate regime that’s hi-tech. It’s a monstrosity that the world’s never seen and because of technology, it’s going to make our lives an absolute hell” and we’ll have no civil rights left, he exclaimed.
(more…)