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Welcome!

All over the map this week, but there is a method to our madness!

ker
November 19, 2011

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In this show Al discusses:


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Discussion
168 Comments
    Nov 19, 2011 19:57 AM

    never know what you had, until you loose it…sorry,,to hear the passing of Clyde
    You are correct, he will be missed…his wisdom and knowledge will be hard to replace.

      Nov 19, 2011 19:40 AM

      Yep, Jerry,

      Clyde was definitely one of the good guys.

      Big Al

    Nov 19, 2011 19:14 AM

    If Jeff B. numbers are correct….govt debt per individual went from $60,000 in 07 to
    $250,000 now…that is unpayable…

    Al you say…”money will not be there”….MONEY will be there…..it just will NOT be worth anything…..Ben will print…

      Nov 19, 2011 19:41 AM

      HI again Jerry,

      I believe that his numbers are correct, but I will ask him to verify them.

      Big Al

    Nov 19, 2011 19:57 AM

    Hi Al, I hope that Ron Paul receives Secret Service protection soon, I can’t even imagine who his running mate would be if he gets that far but for me him not getting the nod is unthinkable.

      Nov 19, 2011 19:42 AM

      HI Shawn,

      I could go on and on in a very positive sense about Ron.

      I have signed up to get active in his campaign here in Washington state. Not that I want to be a part of history, I just am willing to work my ass off for his campaign.

      Best,

      Big Al

        Nov 19, 2011 19:13 PM

        Hey Al,

        Glad I’m found your segment! I’m currently volunteering at headquarters in WA.. hope to see you sometime, working hard for the cause of liberty!

        Andrea

          Nov 20, 2011 20:16 AM

          Morning Andrea,

          Fill me in, if you would, on the type of volunteering you are doing.

          Thanks,

          Big Al

    Nov 19, 2011 19:35 AM

    Hi Al,
    Thanx for your show..
    Are you still planning a Premium Ex. update this weekend?
    I thought you said there would be?
    Maybe a quick explanation of any delay for us nervous types..lol. Thanx again

      Nov 19, 2011 19:43 AM

      Morning Andrew,

      We ran it yesterday so it could be out as long as possible.

      Best,

      Big Al

    Nov 19, 2011 19:47 AM

    Ron Paul, The Last Living “American” Congressman! Please God, give us more of these men! You have the power! Oremus!

      Nov 19, 2011 19:44 AM

      Morning Roger,

      I am with you 1000%!

      Big Al

    dan
    Nov 19, 2011 19:30 AM

    Hey Al,

    welcome aboard on the Ron Paul wagon…..he will not compromise your trust in him…all others can not stand up to that quality…

    Your program is top notch…and very helpful to sort out the biased chatter

    thanks again

    dan

      Nov 19, 2011 19:47 AM

      Morning Dan,

      I have been somewhat misunderstood in that I have been a supporter of his since I met him in his office somewhere around six years ago.

      I did say a few weeks back that I supported Herman Cain at the time, but did not elaborate by saying “of the four candidates (Cain, Romney, Gingrich and Cain) I supported Herman Cain”.

      Please believe me I am not rationalizing here.

      Anyway, from now on it’s all about Congressman Paul for me.

      Best,

      Big Al

    Nov 19, 2011 19:44 AM

    Al,

    I voted for Ron Paul the last round and I am still in his camp. However, pose this question: Why does the media not support Ron? What do they fear?

    Bobby

      Nov 19, 2011 19:19 AM

      Bobby,,,you need to connect all the dots…before you totally understand what is going on
      RON PAUL..IS ANTI ESTABLISHMENT…his voice on the fed..is only the beginning..
      of the problem…Paul has only taken on one issue,the fed..if he took more on,
      everyone would think he is wacked out…including his party members…
      this is not to say you do not understand all the issues…but, until you start
      reading other things…it will not make sence…this is not to say I know it all
      because I do not…it has taken me 8 to 10 years to obtain some pieces of the
      puzzle….and enough has become fact , from a lot of different sources that
      have become true…that we share this information with you…but, that does
      not relieve you from helping out, and do some study on your own..and contribute
      back…like may of other listeners have…
      The ANSWER TO YOU QUESTION IS….media is backed by the in power govt.and the power
      brokers…who want the power to control you….it is all about the power and money…
      and that is your money….you are a serf to them…and RON PAUL is an obstical and
      a thorn in their side…and they want him to go away..

        Nov 19, 2011 19:49 AM

        Morning Bobby,

        I could not have said it any better than Jerry.

        By the way, we are going to get more active on our site in supporting the Congressman.

        Big Al

          Nov 19, 2011 19:15 PM

          Great news Big AL.
          I look forward to it. Hopefully you will have some one on one interviews with him. Thanks for all your hard work and personally I am happy to see you hop off the Cain train.
          Bobby

            Nov 19, 2011 19:03 PM

            HI Bobby,

            I am sure that whenever he is available he will come on the show.

            Best,

            Big Al

      Nov 20, 2011 20:19 AM

      HI BOBBY. “HONESTY”.

    Nov 19, 2011 19:24 AM

    Good Morning Al,
    Great weekend show, especially your interview with Jeff Deist. Ron Paul is really our only hope. The state controlled media will of course severely attack him if he wins the primary.. They already ignore him and call him radical. Radical is the excessive money printing, excessive government control and excessive aid and military spending to mention a few. No, Ron Paul is anything but radical, it is our government that is radical.
    As usual, I totally disagree with Ellen Brown and her socialistic views. The 1% is sucking everything out of the 99%?? Really Ellen, its the government controls stealing money from everyone. We are free to pursue happiness not take from the successful hardworking Americans. By the way, the occupied is an arm of the Democratic party organized by the seiu. The bill of rights from Roosevelt came straight out of the Marxist doctrine. Ellen should read some history books and find out just how well socialism works.

      Nov 19, 2011 19:29 AM

      Karen….good morning….I agree with you…but,,you already know that…
      I thought when I was listening to Ellen ..she seemed a little off center..

        Nov 19, 2011 19:53 AM

        Morning Jerry and Karen,

        I actually spent about an hour talking with Ellen on Thursday.

        I am not sure that she is a “screaming socialist”.

        She is not a supporter of “big government”, she did not vote for President Obama and she feels rather strongly that the way the Fed and the government is handling our economy is entirely incorrect.

        I would not call those views as being socialistic.

        I will contact her and ask her to comment.

        Best,

        Big Al

          Nov 19, 2011 19:24 PM

          Al,
          She thinks the constitution is out dated, she believes all people have a right to a job a home a college education, health care etc. In other words the government is needed to sustain life. That is socialism. She is very uninformed to think that the government did not have a role in creating the toxic environment through the affordable housing act.

            Nov 19, 2011 19:20 PM

            Hi Karen,

            Good points,

            Big Al

    Nov 19, 2011 19:50 AM

    For all you Ron Paul supporters!! Do you actually think Iran getting nukes is not a threat given the mentality of the Iranian gov’t? How do you reconcile Ron Pauls statement regarding Iran?

      Ken
      Nov 19, 2011 19:02 AM

      The White Shoe Boys need to gin up another war. Time to scare the shiite outta the sheeple.

      Nov 19, 2011 19:08 AM

      Hey Gatorman,,,,you are new to the site I think,,correct or not?WELCOME
      just what is Ron Pauls view?on Iran?
      Just want to make sure we are on the same discussion, in case someone else chimes in.
      BY THE WAY..Are you a U OF F ALUM..?

      BJ
      Nov 19, 2011 19:29 AM

      A threat to whom?

        Nov 19, 2011 19:10 PM

        Afternoon BJ,

        That is a very interesting point.

        I believe that Israel would take care of Iran before it got to be a serious threat.

        Big Al

          BJ
          Nov 19, 2011 19:18 PM

          I agree.

          Also, Iran does not have the capability to project power outside its immediate theater. Sometimes, all we need to do is get out of the way and let the locals handle local problems.

            Nov 19, 2011 19:26 PM

            Don’t fall for the fearmongering! Israel can take care of herself anyway. We made Iran the enemy in 1953, over oil, with a CIA coup as is common for them. War is a racket…..google General Smedley Butler.

            Nov 20, 2011 20:15 AM

            Morning BJ,

            That is pretty much what Ron is advocating.

            Big Al

      Nov 19, 2011 19:08 PM

      Of course Gatorman, of course Iran getting nukes is a threat.

      I think that what the Congressman is saying is that we should keep our noses out of other country’s affairs. To a large extent I do agree with that.

      I will do a segment this week with either the Congressman or Jeff and specifically address this subject.

      Big Al

      Nov 19, 2011 19:45 PM

      Hi Gatorman,
      found this commentary that might help answer your question:
      Commentary
      Posted Date: 11/17/2011
      Except for Ron Paul, all the other candidates, including Obama, are offering is the prospect of war with Iran. For the last 20 years, all Iran has heard from the U.S. and other nuclear powers is threats of war. Why wouldn’t Iran want a nuclear weapon to protect itself or level the playing field? Maybe talking might get us farther than saber rattling; it helped us avoid war with nuclear powers like the Soviet Union and China. If Iran must be opposed militarily, let a nuclear power like Israel or a coalition of the Gulf states oppose Iran. Iran is oceans and continents away from the United States. Why is American blood and treasure required? We cannot afford it, and we have already lost thousands of young men and women in Iraq and Afghanistan. A nation like Iran, that “cannot even provide gasoline” for its people is hardly poised to become an expansionist empire. Our war in Iraq gave Iran more influence in Iraq, and near sovereignty in southern Iraq. We continue to fight in Afghanistan and bomb Pakistan. By destabilizing Iran’s neighbors, U.S. policy is enabling Iranian expansionism. The U.S. policy makers are facilitating the very ends they claim to oppose. A re-evaluation of our policies in the Middle East, and toward Iran, is long overdue.
      By: Jay

        Nov 19, 2011 19:43 PM

        Iran wants a nuke to destroy Israel. They have said this many times. The US has tried sanctions which haven’t worked. Israel is an ally and the US needs to assist wherever needed. Iran terrorists have the capability of getting a nuke bomb inside the US. That alone is enough reason to pre-empt a strike. You all have not evidently listened to the wierd beard speeches given by the iran leader in which he calls for the destruction of the big devil and the little devil (US). Ron Paul’s position is that Iran poses no threat to the US with a nuke weapon. not a good foreign policy and for this reason alone I would not support him.

          Nov 20, 2011 20:23 AM

          Morning Gatorman,

          Based on the other comments, I would have to disagree at this point. I don’t think that Iran does pose a threat to the U.S. unless you consider that a threat to Israel is also a threat to the U.S. I personally do not.

          Israel is taking absolutely no crap from anyone. The Israelis have proven this time and again.

          I am convinced that if Iran progresses much further towards becoming a serious nuclear threat the Israelis will destroy them.

          Big Al

          Nov 20, 2011 20:45 AM

          GATORMAN,,,THE US JUST CAME UP WITH A GUIDED MISSILE THAT APPROACHES
          MOC 5…THAT IS 3500 MILES AN HOUR..CHECK THE NEWS…TESTED IN SOUTH PACIFIC
          THIS WEEK…THAT MEANS IN LESS THAN AN HOUR “THE BEARDED ONE ” WILL MEET
          HIS MUSLIM BUDDIES IN PARIDICE…

            Nov 20, 2011 20:45 PM

            HI Jerry,

            Pretty formidable weapon!

            Big Al

            Nov 20, 2011 20:31 PM

            Jerry,
            Quite a weapon. The only problem I have is that bo would never use it. Bo’s policy is one of appeasment and if that doesn’t work then beg the forgiveness of your enemy.
            Not an alum of UF but a monthly visitor to the campus and museum. Go Gators (next year)

          Nov 20, 2011 20:31 PM

          Hey Gatorman,

          I’m from Germany and my English is poor, but I bet you don’t realy understand one word of Ahmadinejads language (farsi). Maybe you can read this: http://www.globalresearch.ca/index.php?context=va&aid=4527 (“Wiped Off The Map” – The Rumor of the Century) “This scenario mirrors the kind of false claims that led to the illegal U.S. invasion of Iraq”

            Nov 20, 2011 20:44 PM

            Thank you Karl,

            I just printed the article out and will read it shortly and get back.

            Big Al

            Nov 20, 2011 20:28 PM

            Karl,

            I suggest that you research the speeches the iranian leader has given at liberal U.S. colleges and at the UN. He clearly called for the destruction of Israel.

            Nov 21, 2011 21:52 AM

            @ Gatorman: I could ask you for any source of your statement, but that is a point at which we go round in circles. I bet you don’t understand ahmadinejad language. I did my research (about the speeches you mentioned) and there aren’t (even) any translated) sources tell us Ahmadinejad „clearly called for the destruction of Israel“ (in the way you are suggesting it).

            @Big Al: I don’t know if the link is a good source (also in the „german web“ I can’t find any source from the „big media“). But the big lies that led to the gulf wars, do not inspire me with any blind faith in the government now.
            Do you know the Daily Show „reports“ (3 episodes) about Iran? It would be very sad to wipe this people off the map….

            http://www.youtube.com/watch?v=QEDi-pMoA7M

            http://www.thedailyshow.com/watch/wed-june-17-2009/jason-jones–behind-the-veil—minarets-of-menace

        Nov 20, 2011 20:18 AM

        Morning Karen,

        You put it very well. And, you know what, I cannot disagree.

        When you refer above to Jay are you referring to Jay Taylor?

        Big Al

          Nov 20, 2011 20:40 PM

          Hi Al
          I found that in some small town newspaper. Could not find the last name.

            Nov 20, 2011 20:40 PM

            Thanks, then I would guess it is not Jay Taylor.

            Big Al

      Nov 19, 2011 19:48 PM

      If Iran has really used its 32,000 centrifuges for nuke weapons, there is a possible way for their use to embroil a larger region than it’s own immediate theatre. Not really wanting the US to get involved again. But there is a dangerous physical threat to the immediate region, but a massive threat to the instability of financial and energy markets. I consider loss of life first and foremost, but those latter two will affect the world.

        Nov 20, 2011 20:26 AM

        Morning John W,

        Really good points, but at this point I have to agree with the comments above.

        Unfortunately nothing is simple, is it?

        Big Al

    Ken
    Nov 19, 2011 19:51 AM

    To be quite honest, Cain is a fedster and a bankster and a clown. If you love Greenspan and fiat phony money, I guess you can’t help but love Cain.

    And he has the nerve to go after Ron Paul for trying to let us know what those criminals at the Federal Reserve are doing!

    But at least he’s entertaining

    http://www.youtube.com/watch?v=zmkvtfEEFT0

    And did you people see what the White Shoe Boys did to Gerald Celente?

    If you invest in commodities and futures you ought to listen to this. Very sobering and scary what these criminals on Wall Street and in the government can do to you.

    http://www.financialsense.com/financial-sense-newshour/big-picture/2011/11/19/02/erik-townsend-gerald-celente/best-looking-house

    Ken
    Nov 19, 2011 19:52 AM

    To be quite honest, Cain is a fedster and a bankster and a clown. If you love Greenspan and fiat phony money, I guess you can’t help but love Cain.

    And he has the nerve to go after Ron Paul for trying to let us know what those criminals at the Federal Reserve are doing!

    But at least he’s entertaining

    http://www.youtube.com/watch?v=zmkvtfEEFT0

      Nov 19, 2011 19:13 PM

      Hi Ken,

      Doesn’t sound like you are a Cain supporter!

      Big Al

        Ken
        Nov 19, 2011 19:19 PM

        I was impressed with Cain’s work prior to joining the Fed. Read his wikipedia page and it sounds like he is a very bright person. It’s hard to square that with what flies out of his pie hole these days.

        Maybe to be a member of the Fed you must be lobotomized or maybe becoming a politician makes one an idiot.

          Nov 20, 2011 20:30 AM

          Hi Ken,

          I think that politicians are very bright, but I also am convinced that most are nothing more than opportunists. I am not convinced today that their motives are similar to what they have been in the past.

          Maybe I am just better informed today than I have been in the past.

          Best,

          Big Al

    Ken
    Nov 19, 2011 19:52 AM

    And did you people see what the White Shoe Boys did to Gerald Celente?

    If you invest in commodities and futures you ought to listen to this. Very sobering and scary what these criminals on Wall Street and in the government can do to you.

    http://www.financialsense.com/financial-sense-newshour/big-picture/2011/11/19/02/erik-townsend-gerald-celente/best-looking-house

      Nov 19, 2011 19:13 AM

      Ken,,,Gerald is upset,,and he should be…but, this is a whole new game.. the
      insiders are playing ….well not really…just more noticeable…
      Hey ,,by the way…He is not the only one that is complaining , I have heard at least
      two other Hedge fund guys or traders say the same thing…
      Jon CORZIM AND GOLDMAN BOYS SHOULD BE JAILED …

        Ken
        Nov 19, 2011 19:25 AM

        “Jon CORZIM AND GOLDMAN BOYS SHOULD BE JAILED …”

        Never happen, Jerry. Not when Corzine is holding $30,000 a plate dinners for Obammie!

      Nov 19, 2011 19:24 AM

      Ken….think of this…..CORZIM SCAMMED ABOUT $800 MILLION DOLLARS…he was
      put in that position by obama,,OBAMA’S NEEDED MONEY FOR RE ELECTION IS
      ONE BILLION…, THAT ONLY LEAVES HIM NEEDING $200 MILL..he will get that amount
      in matching funds…
      anyone can chime in on this….
      out of the box jerry

    Nov 19, 2011 19:16 AM

    I just started segment 1 and then scanned down to read ‘Tribute to Clyde Harrison’. I was already missing Clyde’s contribution which he did on Al’s daily’s, and wondered when he might be on the show again. What a brilliant man. I like what he had to say, and the way he delivered it.

    Thoughts and prayers to family. Al, you did more of a service than you can know by inviting Clyde onto the show so many times.

      Nov 19, 2011 19:16 PM

      HI John W,

      Thank you for saying that about Clyde.

      I can’t really add anything.

      Big Al

    Nov 19, 2011 19:09 AM

    Got your money in the banks? Start sweating fellers. The economic REBOOT is coming.

    BJ
    Nov 19, 2011 19:22 AM

    Newt Gingrich is a wolf in sheep’s clothing, and the Tea Part Movement needs to look back in history to when Gingrich bailout out Europe the first time.

    Back when he was Speaker of the House, Gingrich muscled through a $20B US taxpayer bailout of the euro! Had he allowed it to fail back than, it wouldn’t have amounted to anything. Instead, Gingrich planted the seed that grew into this giant fiscal fiasco. No one individual is more responsible to the disaster in today’s Europe than Gingrich. Just like Jack, in Jack-n-the-Beanstalk, Gingrich planted his bean and made it into the land of falling giants.

    Also, I agree with you, Al, about Cain. It amazes me that the general public is so easily swayed by salacious nonsense, when this guy comes with some really bad baggage. Specifically, Cain bragged during the Bloomberg debate about serving the Fed under Greenspan. Excuse me, but it was Greenspan that took us over the waterfall; whereas Bernanke is just trying to save his cronies at the expense of everyone and everything else–that means you, me, and and everything good and decent will be sacrificed before his darling Wall Street money handlers go down. The imbalances within our economy are that great, and wereached the point of no return under Bush.

      Nov 19, 2011 19:40 AM

      The Tea Party needs to be the other party…..
      What we have is the “two headed snake”
      party…the DEMO-REPUB.is one party…

        BJ
        Nov 19, 2011 19:28 PM

        I agree here too. Every election cycle the big government Republicans come up with a gimmick–like the contract with America the co-oped much of the Reform Party platform. Next came right to life, then gay bashing. I don’t know why Republicans don’t just call themselves Big Government Neo-cons and be done with it, because I don’t see much republicanism in the Republican Party these days. I actually believe Ron Paul could win if his Party got behind him. But they won’t, and that’s why we need a real third party.

        Notice how the Republican establishment is looking for ANYONE within their ranks who IS NOT talking about truly honest money and responsible spending. Honest money and responsible spending is equally offensive to both major parties–as is Constitutional government.

      Nov 19, 2011 19:18 PM

      HI BJ,

      I am pretty convinced that Newt has way too much baggage. I, quite frankly, am surprised that he has gotten this far.

      I am willing to bet that he will not be a player at the end.

      Best,

      Big Al

        Nov 19, 2011 19:16 PM

        Ya know, Al, Newt shouldn’t be the player at the end. But it seems those with the moderate popularity at the beginning always come up, while those at the forefront today take a dive, so you never know. But for that same reason, Paul might also surge at the right time.

          Nov 20, 2011 20:33 AM

          Morning John W,

          I was very pleased to see the optimism expressed by Jeff in the two segments which we recorded.

          He certainly inspired me!

          As I have said, we are going to get much more active on this site in behalf of Ron.

          Best,

          Big Al

            Nov 20, 2011 20:32 PM

            Jeff impresses me every time he comes on. We are lucky to have a couple of gentlemen, Ron and Jeff, who naturally can frame complicated issues into straightforward summaries, and offer plausible solutions.

    Nov 19, 2011 19:10 PM

    Big Al,
    Here is the bottom line:
    If people aren’t into precious metals now….there will come a time, rather quickly, that it will be too late! That line you saw in Canada at the coin shop will look like a “piece of cake” in terms of accessing real money and a last chance at preserving your purchasing power…the reason this isnt in crisis proportions in the average citizens mind is that the “PANIC BUTTON” is mitigated and monitored by the media and the powers-that-be dont want a full-fledged tsunami of social unrest and violence…sad but true and very disconcerting, but I cling to my faith and knowing that ultimately being a compassionate, loving person is all you take with you when you leave this world..and I am very OK with that!
    Marc

      Nov 19, 2011 19:21 PM

      HI Marc,

      I too am very okay with that.

      If people knew how bad things really were, I think that you would see social unrest that makes the occupy wall street movement seem like kindergarten.

      Big Al

    Nov 19, 2011 19:49 PM

    Al et al:

    Ron Paul is unelectable. I like him and agree with him on 50% of the issues; I think he is not only simplistic but crazier than a loon on the other half.

    He cannot rise above a 10% approval rating in all but a few polls within the R’s ranks. The election will be decided by the Independents and the disatisfied Democrats and he will never get the necessary traction with these groups given the fact that Obama has promised the world to everyone which we all know is a crock.

    I’m neither a Romney nor Gingrich fan but will overlook their frailities because the simple fact of the matter is, they are the only ones who can beat the Annointed One attracting cross Party support and unless we have a winning candidate, then the issue is moot. At least both are articulate and can change.

    But the most important elections deal with not only defeating Obama but regaining the Senate and keeping the House. Otherwise, we will not be able to implement real “change” as all R’s need and desperately want.

    Paul’s veiled threat to run as an independent and if he does, will guarantee that Obama will be re-elected as he will split the votes.

    Tip O’Neill at least on one occasion, made a very wise observation: “Everyone loves a fighter but no one likes a spoiler”

    And such is the case with Paul’s threat to be a 3rd Party Candidate. Just my humble, as always, opinion.

      Nov 19, 2011 19:25 PM

      Afternoon Dai Uy,

      I am under the impression that Ron will not run as a third party candidate.

      I don’t care much for either Gingrich or Romney and I don’t think that either one could beat President Obama.

      Best,

      Big Al

        Nov 19, 2011 19:42 PM

        Big Al:

        But then, who are we going to vote for?

        OK…Let’s try an easier subject….Who is going to win the Apple Cup? I of course would need some serious points given the Cougs mediocre/dismal season.

        Dai Uy

          Nov 19, 2011 19:23 PM

          Hi Dai Uy,

          The way the Huskies are playing right now (I am watching the UW vs OSU game) I think that the Cougs could very well do just fine.

          Best,

          Big Al

            Nov 20, 2011 20:37 AM

            By the way, Dai Uy,

            Are you going to the Apple Cup? We are and if you will be there let’s say hello.

            After yesterday’s loss to OSU, I definitely would not discount the Coug’s chances next week. As a matter of fact, unless the coaches can stop the bleeding the Cougs will win.

            Kathy thinks that the Dawgs lost momentum the moment that they became bowl eligible. Not a good comment regarding the coaching staff.

            Let us know,

            Big Al

        Nov 19, 2011 19:25 PM

        Big Al,
        You are right on- those guys will not beat Obama……where is Lincoln when you and I and everybody NEEDS HIM!!

          Nov 20, 2011 20:38 AM

          Morning Marc,

          So far I agree with you. But, we still have almost a year to the election. A lot can happen between now and then.

          Best,

          Big Al

          Nov 20, 2011 20:50 PM

          Lincoln was a tyrant.
          Truthseekers, start here: http://www.c-spanvideo.org/program/204650-1

        Nov 20, 2011 20:57 AM

        Big Al,
        Why can’t Gingrich or Romney beat obama? Why would anyone vote for bo unless they are on the gov’t dole, socialist, communist,union thug or just plain stupid?

          Nov 20, 2011 20:03 AM

          Debt as a percentage of GDP increased by 20.7% during G.W. Bush’s second term. The increase under Obama, so far, is 15.4%. With a year left, that number will probably meet or exceed the Bush increase. The point is, society is suffering equally under either party. The big banks are benefitting equally under either party.
          So, how do you ignore the fact that both parties find their biggest donors in the same banks?
          In my view, it is intellectually and morally bankrupt NOT to vote for a candidate on the grounds that he or she might “spoil” the chances of removing the incumbent. Each individual should vote for their first choice, and let the chips fall where they may. The collective will benefit most, not by collective action, but by a collection of individual action. In this way, for better or for worse, society will get what it deserves while each voter keeps a clear conscience. Unsound actions are not the path to sound results.

            Nov 20, 2011 20:42 AM

            Morning Matthew,

            I agree with you about each of the parties and I completely agree with you about voting for your first choice.

            Thanks for your comments,

            Big Al

            Nov 20, 2011 20:38 PM

            Note that when the vote is split with a 3rd candidate, which ‘ruins’ the chance for another to become elected for the upcoming term, that splitting will not be forgotten 4 years later. So yes, you might ‘throw away’ fours years, but both parties will broaden support actively the next time. As Matthew says, though, I think you’re throwing away your vote anyways with the two parties. A strong surge for the 3rd candidate will wake up both established parties for the next two terms. In some cases (though not in the US thus far), that 3rd party goes on to become a dominant party.

          Nov 20, 2011 20:39 AM

          Morning Gatorman,

          I believe that you answered your own question.

          Best,

          Big Al

      Nov 19, 2011 19:48 PM

      You are spot on with your comments. Romney or Gingrich with Marco Rubio as Vice chair.

    Nov 19, 2011 19:41 PM

    Three Cheers for Jeff Deist, and to you, Al, for bringing out Mr. Deist’s eloquence! I consider myself a “paleo-conservative” like Pat Buchanan: I respect libertarians, but libertarianism alone is not enough. Jeff is 100% right in criticizing many self-described “Conservatives” for not having done their homework, but I would add the late Russell Kirk to his pantheon. Reading Mr. Kirk’s THE CONSRVATIVE MIND has been for many a life-changing experience.

      Nov 19, 2011 19:25 PM

      Thanks Big E,

      I don’t know the book, but will definitely take a look at it.

      Best,

      Big Al

    Nov 19, 2011 19:23 PM

    Hi Al,
    Just wondering if you read Ellen’s book. I have not but did some research. Apparently, in her book she praises Hitler’s economic policy. I hope I am wrong on this because I am not sure how anyone could praise Hitler. Anyway, Hitler’s centralizing economic policies were used to control the “masses”.

      Nov 19, 2011 19:26 PM

      HI Karen,

      I have not read the book in its entirety. I will take a closer look and I do appreciate your comment here.

      Big Al

    Nov 19, 2011 19:44 PM

    Al: Great weekend show! Interesting interview with Ellen Brown, but she needs to be corrected about the origin of her sources. “Where there is no vision, the people perish…” is NOT the invention of any politician. THE ORIGINAL SOURCE IS THE HOLY BIBLE, specifically Proverbs 29:18, which reads in its entirety: “Where there is no vision, the people perish: but he that keepeth the law, happy is he.” (King James Version, which is 400 years old this past week!)

    Nov 19, 2011 19:10 PM

    Hi The Big E
    Great catch! In my opinion Ellen is not very accurate in her comments.

      Nov 20, 2011 20:45 AM

      Morning to both of you,

      Ellen has not responded so far.

      Big E, thanks for the correction. I do have to say that maybe Ellen was referring to a politician have said that.

      Best,

      Big Al

        May 08, 2012 08:41 PM

        hi1-SMU2 (as well described into westbie) comes with DEMO Basic Vset, just to do dome training, production with these sets results in a watermarked video.SMU2 has 4 complete Vsets Library avalaible for separate purchase, wich are well described in detail here 2-we do not have chat but a ticket system if you need support

      Nov 21, 2011 21:54 PM

      Hi Karen
      Thanks for the kind word. When a quote sounds too good for garden-variety human thinking, I go scurrying for my Bible concordance and often find the source: God’s revelation reaching through to us by human speech.

      Feb 22, 2012 22:32 AM

      I like what you guys are up too. Such ileglnitent work and reporting! Keep up the excellent works guys I’ve incorporated you guys to my blogroll. I think it’ll improve the value of my site .

    Ken
    Nov 19, 2011 19:37 PM

    Big Al,

    I am shocked and very sorry to hear about Clyde. I did not realize he was ill. My condolences go out to his family and friends.

    Nov 19, 2011 19:27 PM

    Don’t fall for Ellen Brown’s ideas! Just more paper money…

    http://www.garynorth.com/public/department141.cfm

      Nov 19, 2011 19:13 PM

      Gary North does a nice job ripping her ideas to shreds. Brown is a lunatic.

        Nov 20, 2011 20:48 AM

        I don’t know Matt,

        Just because someone has a different opinion does not put them in the category of being a lunatic.

        I have a number of friends who think I am a lunatic because of my political and religious views!

        Big Al

    Nov 19, 2011 19:31 PM

    Thank you for endorsing Ron, his image will be on Mt. Rushmore someday :^)

      Nov 20, 2011 20:48 AM

      Hey Craig,

      I certainly hope so!

      Big Al

    Nov 19, 2011 19:40 PM

    We now have a word to describe what is going on in America. It is called “Ineptocracy” This is a system of government where the least capable to lead are elected by the least capable of producing and where the members of society least likely to sustain themselves or succeed, are rewarde with goods and services paid for by the confiscated wealth of a diminishing number of producers

      Nov 20, 2011 20:11 AM

      Thank you Larry for the apt description of the Peter Principle as it works in our democracy. I fear though, it is not so much ineptitude as it is pure greed as Alexis de Tocqueville wrote: “The American Republic will endure, until politicians realize they can bribe the people with their own money.”

      Nov 20, 2011 20:50 AM

      Morning Larry,

      That is really great! (Probably true, by the way.)

      Big Al

    Nov 19, 2011 19:22 PM

    I really look forward to these interviews Al (and Rog!)

    You should create a Youtube channel and place them there as you’d likely get more views/listeners and spread knowledge further. You could also place a link from youtube to this site which would increase traffic.

    * I particularly liked the discussion about Ron Paul – thanks for a thoughtful discussion about a the only man running who I would be proud to call President.

      Nov 20, 2011 20:52 AM

      Morning JohnE,

      Many thanks for the advice!

      Big Al

    Nov 20, 2011 20:14 AM

    Al,

    I’m new to your site but now that you have come out and endorsed Ron Paul I will definitely check out this site more often and share it with my contacts.

    I did not know Clyde but he sounds like somebody I would really have liked. Condolences to His Family.

      Nov 20, 2011 20:56 AM

      Good Morning Freedom4America,

      Thanks for your comments re: Ron.

      Yes, Clyde Harrison is an individual who certainly enriched my life.

      Best and welcome,

      Big Al

        Nov 20, 2011 20:51 PM

        SEE AL ,,,AREN’T YOU GLAD YOU HAD THAT TRIP TO THE WOOD SHED…

          Nov 20, 2011 20:36 PM

          Jerry,

          I have certainly focused my thinking a little bit more!

          Big Al

      Nov 20, 2011 20:42 PM

      If you right-click on Clyde’s image above, you will be offered a link to ‘more articles with Clyde’. You won’t see all of Clyde-related articles as the blog doesn’t go back to many of them, but you can get a good idea of the guy from what’s there.

    Nov 20, 2011 20:36 AM

    Israel has approximately 300 nuclear weapons in its arsenal and the most well-trained and equipped military establishment in the Middle East. Do the math. The idea that Iran would preemptively nuke Israel, resulting in its complete destruction, is preposterous. Yet, most American citizens either refuse or are incapable of engaging in this simple analysis and instead give their tacit or enthusiastic support to whatever destructive foreign policy decisions their leaders make.

    I just dont see iran as a threat, i think it is all hype so the war machine, banks can profit and kill non christians. imho

      Nov 20, 2011 20:25 AM

      I agree. Left or right, most people are spoon fed what they “think”. Too few do any analytical “heavy lifting” or even a thoughtful connecting of dots. Most merely memorize the views of the conmen they trust.

        Nov 20, 2011 20:58 AM

        Morning Benb and Matthew,

        Thanks for both your comments.

        I completely agree with both of you.

        Best,

        Big Al

        Nov 20, 2011 20:18 PM

        “most merely memorize the views of the conmen…”

        As we know, most people memorize, and then vehemently cling to those beliefs no matter what, often times staking their identity with a political party, movie star, or some other man-made entity. They reflexively support their clique, and destroy all others because they are not part of their identity.

        It’s interesting why we humans believe one thing versus another. I knew a person once who gave greater weight to the order of information she heard. i.e. she heard a rumor first, and later would hear it wasn’t true. But she would cling to the rumour, because it was the information she heard first. No amount of proof or logic could sway her. First-in, always believed.

        Another example concerns a co-worker peer and friend who I went to school with. After working our first real job for a few years, he would have drinks on Friday afternoons with some buddies he met randomly at a community center, but with whom they all had roots from another country (just fine with that, no pro lem). The buddies he met all had 1 political persuasion, however, which were almost completely formed by their parents who had immigrated from said country, and that country’s own politics. Curiously, none of these guys had ever lived in their ancestral country (or continent). Over the beers, and into the early mornings, they talked him into their beliefs. He became a hard-core supporter of that political cause. It was strange. My friend was very bright. He would have impressed many of you had you met him before all this. Today, 20 years later, he is well compensated (fabulous non-monetary benefits), and has a skilled but low-productivity job that essentially consists of checking email all day. He is probably living “the Canadian dream” if such a thing can be envisioned, yet despite all his comforts, he staunchly believes in the politics of an ancestral home where he’s never lived, and politics that came out of that regions’ challenges, even though they don’t apply to him. And all of this started because of some random meeting of some people at a community centre. I won’t tell you his exact beliefs, but if implemented, they would be more severe than living under Stalin.

        How do intelligent people become so willfully dependent upon 1 belief, particularly since so much of those beliefs are based in random events of who someone may meet in their lives? This isn’t new, of course. It’s part of the human condition. Self-preservation and random events carry more weight in human political beliefs and any amount of analysis or facts. Are we all feeling happy now?

          Nov 20, 2011 20:35 PM

          Hi John W,

          Couple of comments, if I had a chalet at Whistler and a home on the water in West Van, trust me you would be hard pressed to convince me that I wasn’t living the Canadian dream!

          With our home in Semiahmoo on the 16th green, you are hard pressed to tell me that I am not living the American dream. Especially when you consider that freedom of speech makes my passion possible.

          Even though I came from a bit of financial scarcity, I live in an environment where you can still succeed.

          The problem is that our society is moving in a direction where that success may not be as attainable in the future. (And, that is a fear I have for our girls!)

          Regarding a person forming a strong opinion because he/she doesn’t have his/her own strong identity.

          Know what, having a strong personal identity is one of the few advantages of being a thinker who is old enough that he does not give a rip about impressing other people and what many of those other people might think. I could have used a much stronger word than “rip” but I didn’t want to offend anybody!

          Best,

          Big Al

    Nov 20, 2011 20:48 AM

    Hello Al,
    In regard to Ellen Brown’s segment, she is brilliant and has great ideas.
    When you mention during her interview that “she sounds like a Republican”
    I am surprised that you make such a naive comment. The biggest lie
    that continues to be made by mainstreet media is that we have a
    choice in our political system. There is no difference in our so called
    political parties they both have the SAME AGENDA!
    Let’s dig deeper Mr. Korelin and expose the politics of deceit!
    We are waking up and seeing through the constant propaganda
    that our system (news media) has been subjecting us to. You are in a position
    to make a difference in the minds of people.
    Your expertise in the precious metals and resource sector is appreciated
    and recognized but now is the time to WAKE UP PEOPLE WITH THE TRUTH!
    The political system is rigged and controlled, don’t pretend like it is anything
    different.

    Regards,
    Mary

      Nov 20, 2011 20:03 PM

      Morning Mary,

      I agree that Ellen is very bright.

      I think that you took my comment about “sounding like a Republican” the wrong way. I meant it as a joke and I think that is the way Ellen took it.

      Regarding you comments about the same agenda for both parties, I agree. I am definitely going in the direction of pointing out the similarities of both parties.

      I do have a question, how do you explain the total disagreement between the parties as expressed by the “super-committee” or “super-congress”?

      Thanks for your comments,

      Big Al

        Nov 20, 2011 20:28 PM

        I know you didn’t ask me, Al, but I think the disagreements we see are nothing but theater as Mary said. Politicians have a facade to maintain with their constituents if they want to get re-elected. Notice how each “standoff” is always very predictably resolved in favor of maintaining the status quo. More stimulus, more bailouts, more wars, more welfare, more unemployment benefits, more government, more debt, AND less freedom and fewer rights.

          Nov 20, 2011 20:34 PM

          Pretty good point, Matthew!

          Big Al

    Nov 20, 2011 20:23 PM

    Hello Al,
    Political Theatrics, more propaganda.

    Regards,
    Mary

      Nov 20, 2011 20:35 PM

      Yep Mary,

      Kind of hard to disagree with this observation.

      Big Al

      Nov 20, 2011 20:41 PM

      Hi Mray
      Ellen Brown is not a Reblican she is a socialist who wants centraized governemnt and a new constitution. She believes that the government is responsible for giving people a job a home and a college education for starters. I have also seen parts of her book where she praises Hitler.

    Nov 20, 2011 20:25 PM

    Until recently I have been a Ron Paul supporter, because of his aversion to foreign wars, and his positions regarding banking and the Federal Reserve.

    However, I realise now that what he’s proposing is essentially an austerity program, that while different from that of the other Republican candidates, and more laudable in many respects, nonetheless, it will have the same effect, in many ways as those other Republican austerity approaches. What effects am I talking about? Bluntly, the mass starvation of millions of poor and elderly. Paul’s platform wants dramatic shrinkage in Government, and while that makes sense in a general way, at this point in the cycle, with no other general sources of income, and as the jobs base is already hugely decimated, and in addition, you will have many soldiers coming back from foreign wars as they are shut down, with no options, well, the number of people in this coming austerity with no income will be staggering…

    It doesn’t take a rocket scientist to figure out where this goes…desperation, civil unrest, and serious conflict within the U.S.

    I think we have already passed some sort of ‘tipping point’ where the common sense reforms, will be as lethal to millions of people as the continuance of the parasitic current system…There isn’t enough of the economy that’s ‘healthy’ to carry us through the transition…

      Nov 20, 2011 20:43 PM

      Hi Mark,

      I have spoken with Ron regarding your concern because I, in a sense, feel the same way.

      His response to me was, “You don’t have much faith in your fellow man do you, Al?”

      He feels that society would take care of its own.

      It is easy for me to agree with that because of what Kathy and I do regarding supporting various causes.

      I am a realist however; and, I know that most people do not exactly follow in our footsteps.

      If he were elected I don’t believe that the important social programs would be stopped.

      I think that philosophically the country would change (in the right direction in my view) with smaller government, but I am not convinced that you would see “starving in the streets”, etc.

      You know, we have major government programs (state) being cut here in Washington state.

      Is our government an ogre? No, the state simply does not have the funds. People don’t want additional taxes and they don’t want any cuts. What is the answer?

      Best,

      Big Al

        Nov 20, 2011 20:29 PM

        I think a lot more people would follow in your footsteps if they didn’t feel so victimized by a dishonest system. As happened in the Roman Empire, a debased currency leads to a debased society. The excess and cynicism we see today is a direct result of easy money.

          Nov 20, 2011 20:22 PM

          Hi Matthew,

          I am certainly not even implying that we are good people just because we give a pittance away to various causes.

          I just wish more people would forget their cynical (as you call them) thoughts and just think about others less fortunate.

          Best,

          Big Al

            Nov 20, 2011 20:49 PM

            Well, you ARE good people. My point was simply that if people weren’t being squeezed by inflation and taxes while the elite collect bailouts and bonuses, they would be much happier. I think it’s safe to conclude that happy people who feel they are being treated fairly are apt to be more generous; regardless of their means.

      Nov 20, 2011 20:28 PM

      You are right that we have passed the tipping point. But that’s all the more reason to slash the enormous government. Governments just consume needed capital while returning nearly no value. The destruction of the currency will be far worse for far more people than a market led clearing of the system along with austerity. As Ludwig von Mises said:
      “Everybody should be made to understand that the burden of high taxes and of making personal loans to the government are minor evils compared to the disastrous and inexorable consequences of inflation. Not only for the sake of the national welfare, but for the sake of your own interests, whether you are rich or poor, employer or wage earner, you should do your best to arrest the further progress of inflation.”
      And:
      “A sound monetary policy is one of the foremost means to thwart the insidious schemes of communism.”

        Nov 20, 2011 20:24 PM

        HI Matthew,

        And hence, the insidious nature of printing more and more money!

        Big Al

      Nov 20, 2011 20:36 PM

      Mark,

      You bring up a point that concerns me too. I take charity giving very seriously, but alas, many don’t. If Ron Paul said I don’t have faith in my fellow man, well, unfortunately, no I don’t at a national level. But that said, a president is a singular person. When people say Paul will cut benefits, remember, there are 435 Congressmen and 100 senators who write most of the bills. Paul can sign or veto those bills. He can sign a couple of Executive orders, just like Obama, or Bush, or Clinton, etc. But I think given Congresses’ reluctance to spend less than a $ trillion+ deficit each of the last 4 years, a president with Paul’s beliefs is exactly what’s needed to try and balance what those other 535 cannot even agree to talk about. With that kind of political balance, and with charity Ron promotes, and with a signal to the world that the United States is trying once again to be fiscally responsible, the economy would improve much more rapidly.

      This is the case because several other ”first world’ countries have gone through very similar financial challenges. Ireland, Canada and New Zealand, in reverse chronological order, are all examples in the last 30 years of nations where government spending had to be drastically reduced, while still keeping up standards for those who are unemployed or in medical need. Ireland, unfortunately, was scuttled by a tiny few who over did it, but that country is still far better off even today than it was 40 years ago. The United States has to at least try to get spending in check, or it will be forced upon them by the bond market, whether any given president or Congress thinks so or not.

        Nov 20, 2011 20:22 PM

        HI John W,

        Karen brought up this point down below in this section, and as I agreed with her, I certainly agree with you.

        Best,

        Big Al

    Nov 20, 2011 20:06 PM

    Hi Al,

    I agree that government is not necessarily an ogre, but I just can’t figure out how the reductions in the federal budget, being quite massive, won’t take us from the current Depression (and yes, I think we’re already in one) into something much worse. Something like Rooseveltian measures but much bigger, would be needed to keep millions of people alive through this, and I forsee terrific oppostion from the Right on this, and even the defection of some of Paul’s base. We would essentially still be printing money through these periods, albeit giving it to the people rather than Wall Street, and Wall Street (being extremely powerful) will try to sabotage this in every way possible. To deal with this, to break the opposition, there also will need to be large numbers of criminal prosecutions, and since the S&L crisis, which was much smaller then our current fraud-crisis, led to over a thousand bankers in jail, and this crisis is, according to William k. Black, 70 times bigger, you will need to take on the core of the Washinton-Wall Street axis, and break it before you can implement the needed reforms. These are all tall orders, and would need to be done in parellel and fairly quickly. I’m skeptical it can be done…

      Nov 20, 2011 20:12 PM

      HI Mark,

      We are in the middle of a very complicated and convoluted situation.

      I personally am not particularly optimistic about this turning out in anything but a bigger mess.

      I do think that we definitely need smaller government. I say that because big government simply requires big dollars and Americans have said time and time again that they are not willing to support these expenses.

      What can you do, man!

      Big Al

      Nov 20, 2011 20:45 PM

      Hi again Mark,

      You have some good information, however, remember that even if today’s crisis is 70 times larger, the magnitude should not be used as a pre-cursor to how many get prosecuted (though you probably didn’t mean it that way, it sounds so ‘Soviet’). The S&L occurred when laws for trust lending was far stricter than it was over the last 10 years, so real laws were being broken.

      With the repeal of Glass-Steagall, or the gradual deterioration of the CRA, and all the programs for home ownership that resulted under multiple presidents, multiple House and Senate majorities, multiple banks (many of whom were threatened with ‘red-lining’ prosecution if they didn’t lend), many bond rating agencies, and many irresponsible borrowers who couldn’t figure out their monthly budget if their lives depended on it, there isn’t the same cut-and-dry question of laws being broken. However, the morals and absolute greed, at every level described above, is still a commentary of the how society makes decisions. Most of it was not illegal, but it was horrendously selfish and unethical.

        Nov 20, 2011 20:17 PM

        Hi John W,

        Kathy and I watched “Margin Call” at the local artsie theater last night. Interesting movie that pretty much summarizes what you said above.

        If you ever see it, I would be curious as to what your opinion is.

        Best,

        Big Al

          Nov 20, 2011 20:33 PM

          Al,

          Thanks for mentioning that…I had not even heard of it. Yes, I’ll try to see it (if it’s at the artsie theater, then hopefully that means it’s online by now).

      Nov 20, 2011 20:34 PM

      Mark L…did you read where the FBI …does not have enough agents to handle this
      mess….before there were 10,000 agents assigned to the last S&L mess….there
      are only 200 assigned to this mess…

        Nov 20, 2011 20:20 PM

        HI Jerry,

        Are you certain of this statistic?

        Please let me know,

        Big Al

          Nov 20, 2011 20:42 PM

          Yes,,,I will try to find the artical….You know I try and tell the truth as close as possible
          unless I am joking….
          I have read it…(.remember the wood shed….)

            Nov 20, 2011 20:12 PM

            TAKE ME TO THE WOOD SHED….
            THAT AMOUNT SHOULD BE 1000 THEN AND 120 NOW…THERE WERE
            10,000 criminal referrals……..
            YOU CAN READ THE ENTIRE ARTICAL ….
            William Black.. Univ. of Miss. OCT. 25,2011
            “on How our financial system became a Ponzi scheme”
            also, onPbs.org/more
            SORRY….GLAD YOU CAUGHT THE ERROR…
            REMEMBER ,,,TO ERROR IS HUMAN,,FORGIVENESS IS DEVINE…

    Nov 20, 2011 20:57 PM

    AL,,,THE NATIVES ARE RESTLESS,,,I hear the chant in the background….
    ron paul…ron paul, ron PAUL RON PAUL…RON PAUL..!!!!!!!!
    have a great weekend …all…..OUT OF THE BOX JERRY

      Nov 20, 2011 20:19 PM

      HI Jerry,

      Seems to be going in that direction right now! (Fortunately)

      Big Al

    Nov 20, 2011 20:13 PM

    The sane people listen to KER!

      Nov 20, 2011 20:18 PM

      And Matt,

      We are very, very proud of that!

      Big Al

    Nov 20, 2011 20:21 PM

    Hi Mark,

    The problem with the government being so big is that, of course, government does NOT create jobs nor does it create profits. All government does is spend, spend, and spend some more.

    As for charity not being enough to handle the less unfortunate I believe that is wrong as well. I am a Network Marketer and I can assure you that if government got out of the way MILLIONS of people like me would come up with ways to help the unfortunate people of our country. I already know of hundreds of my friends and contacts that have ideas just to help others!!

      Nov 20, 2011 20:20 PM

      HI Freedom4America,

      Well, we certainly have something in common!

      Big Al

    Nov 20, 2011 20:03 PM

    A word on Ron Paul and charity
    If we were lucky enough to have Ron Paul as our president the economy would boom!! Jobs would become abundant and anyone who wanted a job would have one. The unfortunate who could not work would certainly be taken care of by their families, church or town. That is the way it should be. It is not the governments responsibility. By the way, Ron Paul will never sign an executive order because it is unconstitutional.

      Nov 20, 2011 20:36 PM

      Karen,
      Al noted above he agreed with your comment and so do I…you’re right, Paul doesn’t want to sign an Executive rule-by-decree Order. I wonder why so many Presidents invoke this extreme privilege every other week?

        Nov 21, 2011 21:56 AM

        John….they like the power…it goes to their feeble brain…

    Nov 20, 2011 20:19 PM

    HI Karen,

    You definitely have a point.

    Big Al

    Nov 20, 2011 20:43 PM

    karen
    should ron paul be elected i must disagree. things would not boom, life would be painfull. but we must accept the pain to prosper. strange thinking maybe but i vote for mr. paul

    Nov 20, 2011 20:16 PM

    Hi benb
    I really feel that small businesses which are the backbone of this country would hire and start a chain reaction of growth. There would also be confidence in the economy because he would get us back to sound money. Why do you think it will be painful?

      Nov 21, 2011 21:52 AM

      Karen,,,,anyone who has not owned a small business does not understand what you
      are talking about…I agree with you concerning a chain reaction…
      Small businesses in general ,,are the backbone of the economy…or use to be…
      NAFTA, WALMART (BIGBUSINSS). BIG GOVT..have decimated..the U.S.

    Nov 20, 2011 20:04 PM

    Hi Jerry,
    I concur that the resources allocated to this crisis for criminal prosecutions is a tiny fraction of what’s needed and that’s no accident, that’s by design…

    This should alert us to the magnitude of the criminality we have to deal with…

    Al, I did infer that the crise being 70 times greater suggests prosecutions of that magnitude. The parallel isn’t with the Stalinist purges, more like the French revolution. The problem, is we have an entire financial/political class, that has no ethics whatsoever. If tomarrow the top 1 million that probably represemts this class at all levels of government (city on up, and their bureacracies) were replaced and prosecuted for the collective fraud they represent, another 1 million would arise to take their place. You could probably do that cycle a few times and not exhaust the total number of opportunistic social climbers this bizarre society has bred over the last few decades…

    Whose implicated in the fraud? What makes up it’s structure? Most of Wall Street, most of the regulatory agencies, most of Congress, most of the last few administrations in the Executive Branch, quite a bit of the judiciary, and even some people at the state, county. and city level. Why so many? Because once outsourcing and automation start the process of reducing the job base, scams proliferate. Scams not only provide employment, but huge rewards. This is a deep sociological feature of collapsing societies, not often described because it is reveals such unpleasant aspects of human nature.

    This is also how really BIG empires end. Think Rome for example…

      Nov 21, 2011 21:24 AM

      Mark….thanks for the post…your are exactly correct when you refer to ROME
      I have be saying that for many years..or more…My Western CIV. professor said it
      in 1970

    Nov 20, 2011 20:19 PM

    Hi Freedom4America,

    Understand, I am not championing Big Government. I am saying the economy has already collapsed over a decade ago, and the slack has been taken up by ponzi schemes and frauds. These are now collapsing as well, and to have a vibrant economy to replace these things you need to have (1) raw materials (resources) (2) educated workforce with good values (3) very astute leadership (4) reasonably good infrastructure.

    I think we have a partial on number 1, but are in real troble with the other points. I don’t see an American revival, in my lifetime, or that of my step-son either. It took decades to squander away our advantages, it will take decades to put it back. I’m not saying we shouldn’t try, I’m saying it will take a long time. so it is misleading to get too cheerleaderish, as this is the American penchant for rah-rah-rah and doesn’t reflect reality.

    It will take so long for a recovery due to long term structural neglect, that the weakest in society will perish without government intervention on a large scale. That’s why I see the Right chafing at these efforts, and not co-operating. Then in turn, social unrest as ideology trumps human needs…

    Even now, you see people claim the economy is ‘recovering’ even as long term unemployed begin to flounder in despair. This is a trend that will continue. The problems are so grave many will resort to ‘magical’ thinking rather than admit the seriousness of the structural problems. In the end the victims will be blamed…

    Nov 21, 2011 21:06 AM

    ANYBODY CATCH..THE WARM WELCOME… michelle obama, and jill biden,,,got at the
    NASCAR race this week end…”BOO HOO”…FOR YOU OBAMA…
    Looks like the natives were restless…might just be an undercurrent going on besides
    the” take over wall street group”

    Nov 23, 2011 23:39 PM

    Awesome insights from Jeff Berwick… the Dollar Vigilante! I recently found out about his work through an interview he had with The Daily Bell and was glad to hear him on the Korelin Report!

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