Recap of great topics
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In this show Al discusses:
- Segment 1 – Al and Peter Grandich discuss the President’s recent foray into the Church. Will it cost him the election?
- Segment 2 – Lou Paquette chats about economics, politics and his latest project.
- Segment 3 – David Morgan chats about silver and his thoughts on its performance in the coming year.
- Segment 4 – James Turk wraps up the first hour.
- Segment 5 – Can’t seem to get completely from politics as this segment with Roger Wiegand proves.
- Segment 6 – Larry Reaugh talks about American Manganese.
- Segment 7 and 8 – Congressman Ron Paul is one of the greatest living American patriots. He
has done more to increase the awareness of people, not just in the United States but around the world, about the positive aspects of our country and also of the things that need to be changed. He is one of the few politicians whose actions are not directed toward getting re-elected but to making the United States a better country.
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Click download link to listen on this device: Download Show
Hi Joshua,
It is a pleasure. Thank you for joining us in this section. Please keep your comments coming our way.Big Al
As the propsed budget is unveiled today, Monday ,2-13, we see that Obama is projecting GDP growth of 2% this year and 3% next year, despite substantial tax increases.
That means, using his numbers, debt-to-GDP by the end of next year will be 110%.
We know Greece is a basket case with excessive debt, riots in the street, etc.
Well one of the other PIGS which is having problems with protests is Spain.
Spain currently has a debt-to-GDP ratio of 74%.
Where relatively does that put the US with 110% ?
Do you believe 5% growth of GDP by the end of next year?
Yet Obama continues to spend to try and buy votes. Another $350 billion in this year’s budget for a jobs program. (Details not yet specified)
Billions continued to be spent of housing programs, HARM and HARP.
The keynesian morons in the white house could only act more destructively to the US economy by declaring war on Iran or China. (Aren’t we lucky the US does not declare war anymore?)
I meant HAMP not HARM. Freudian slip!
In England, out of acorns mighty oaks do grow.
In America, where Acorn is a bunch of immoral thugs, out of it came a marxist dictator, who after 1000 years has abolished Habeas Corpus, after 100 years Posse Commitatus, and is hell bent on establishing a Bill of No Rights. To pass the cost of abortions on to insurance companies instead of insurers, is a distinction without a difference, but the newsmedia is so entranced by the eloquence of the dictator that they fail to report his true intent of buying votes even if it destroys the once great country.
Hi cfs,
As always, I hope that you are wrong! Unfortunately, you may not be.
Big Al
Remember NDAA the National Defense Authorization Act removing Habeas Corpus. This was a direct attack on the IVth amendment.
Remember Fast and Furious, the smuggling of guns into Mexico. This was a direct attempt to remove the second amendment. Eric Holder already admitted it.
Now look at the require of insurance coverage for abortion. This is an attack on part of the first amendment.
Look at the attempt to restrict the internet. This is a direct attack on another part of the first amendment.
Remember a “vacation” appointment when congress was in session, simply to avoid congressional ratification hearings. Again total disregard for the Constitution.
Wake up people. Obama is determined to shread the Constitution. This is no accidental mistake. It is a full-scale attempt to destroy the country as we knew it.
The marxist dictator is the devil incarnate and congress is partisanly acquiescing. Do not exprect the Supreme Court to stop anything; it is stacked with enough liberals.
Do not expect the Attorney General to do anything; Holder is part of the problem.
I was going to meinton the PayPal thing too, but Marketing Blog beat me to it.It’s showing PR N/A here too. I guess the site was Google Bitch Slapped. LOLMacBros’s last blog post..
Thank you so much for this arlctie, it saved me time!
CONCERNING HEALTH BILL,
Where is it written , that the pres.(from kenya), can alter the current
healthcare bill(law)
Does it not have to go back thur the congress for any changes.
I know he is the king, and the queen has told us to eat cake,
so we truly have a king and queen ,,,welcome to” merry ole England.”
Sometimes the evil , in their gluttonious desire for power, go to far, and
are intangled in their plot…………..uncle wally 1955
Hi Jerry,
Do we get ice cream too
Big Al
No Al….we will be serving GELATO,(italian ice milk)…..
I understand the pope loves the stuff…less butter fat….
and this has been approved thur “queen michelle”,
she picked up the idea on her last govermental trip , to Rome.
Executive orders of the president now surpass Edicts of a King, and my forebears are turning over in their graves at Runnemede. Gone are the remnants of the Magna Carta,ignored is the US Constitution, and the whimps that control the House of Representatives would not even consider to impeach a Despot that totally fails to obey his oath of Office and uphold the Constitution.
Hail the Emperor.
I do note that many of the internet scams also originate from Kenya or communist countries. That says something about lack of honesty or morals.
Funny, as the UK migrates away from Royalty, the US moves toward it. Every time an Executive Order is signed, all 310 million people in the US should get a slap on the head as a reminder and flag of what’s happening.
Hi John W and cfs,
Really an interesting situation isn’t it!
Big Al
Well, someone has to be the last President of the United States, it might just as well be Obama.
Hi Clay,
Let us see where we are on about November 10th!
Big Al
Hi Guys,
Hey Peter we already are part of the minority. There are more people relying on government jobs, pay checks and social assistansthan self sufficent voters. That is why resposable governtment(Ron Paul) will never get voted in. Since Obama took office increase in government reliance ncreased 23%
As for this ridiculous birth control issue What is this government thinking. How is this suppose to help creat jobs. These people are totalling lost and this proves it. This is not a religous issue and was not intended to be so. The only reason the Catholic Church was in uproar is becasue it goes against another one of the ridiculous doctrines where they believe the only reason one should have sex is to create life. therefore birth control goes against their doctrine. Where they got this belief from the Bible is beyond me.
Lastly Al please do not try to show the world that the Catholic Church has high moral standards and is so important for the social fabric of this nation because you say they are one of the biggest contibutors to charity. I for one would like to see proof. They also have in the past killed more people than Hilter and Stalin combined telling people to renouce that Jesus was their saviour and to proclaim the catholic Church is instead. And will kill again in the future (Rev 17). Lets not forget the sexual abuse of children, the Catacombs full of dead babies abondoned because the priest pregnated the nuns. (Read Alberto’s books an x jesuit priest who the Catholic church tried to assinate to silence him and many other priest that came out of her)
I am an admirer of both you and Grandich concerning investment advise but draw the line concerning true teachings of Christ
God Bless Amen
It is big government or big banks
not good!
Hi Al,
You are correct, it is not about religion, it is about Obama taking freedom away. First the dictator wants to tell religious organizations what to do. Now he is telling insurance companies what to do and he is mandating that all citizens must buy insurance. The bottom line, he is shredding the constitution right in front of us and the media applauds the fact that he compromised. There is no compromise, it is all by design to remove freedom. Just like the new mortgage bailout is by design to bring as many people as possible dependent on the government all for the Obama reelection.
great point KAREN…
#25 Twins on the Beach.Etherial, excellent symetmry with twins holding hands, pushed exposure, subtle pastel colors, the obvious breeze adds movement.. everything about that shot is good – and the little ones are gorgeous. That one is a keeper.
IF THE CHURCH WANTS SEPARATION FROM CHUCH AND STATE……they need to
hand back their IRS 503b status ….and tell the govt to stick it in their ear…
The first amendment to the Constitution states”
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof;….”
It is this clause that disallowed the taxation of churches;
that allows Quakers not to be conscripted;
that allows the Amish not to carry driving licences or identity cards.
etc.
HI CFS 2000….YOU DO NOT NEED A DRIVES LICENCES TO DRIVE A HORSE AND BUGGY.
or” prohibiting the free exercise”…….what would you call the 270 rules the IRS Has
concerning the church on reporting…? the constitution was written before the income
tax in 1913….so the govt. is in the business of the church..
Some are to ascertain the validity of the status of the church; others are probably a prima facie violation of the constitution, but no one has gone to the expense of proving it.
Some are to ascertain the validity of the status of the church; others are probably a prima facie violation of the constitution, but no one has gone to the expense of proving it.
Since when did government always follow the Constitution? It appears to me it hardly ever considers the constitutionality or otherwise of laws. Governments seem universally always to seek more and more power.
Do you think states have not tried to license buggies?
cfs 2000…love all your comments…they are thought provoking,,,,in a good way…
I agree with you regarding the govt “always seeking more powers”…
hope you are enjoying the islands..
Hey Mike, there’s no crnaetl setting for that Allow management of content types section to be yes by default. Although, you can create a Document Library template that has the document template attached to it by default. Another thing you can do is utilize a Powershell script that can change this setting for you. Or you can send me a $20 dollar bill and I’ll do it for you
Hi CFA,
Yours too is a very good point.
I do however Kind of like the idea Of the church giving up it’s tax exempt status
Hi Jerry,
You make a great point!
The topic is very definitely worth a conversation.
Look for it in the near future.
Big Al
How does Ron Paul feel about tork reform in health care.
we want choice?
Al,,,great job , having Ron Paul on the show……
Hi Al,
I agree with Jerry!! The Ron Paul interview was a nice addition to a great weekend show.
You shluod also know who the major players are. ShoeMoney, DoshDosh, John Chow, BloggingExperement, John Cow are just a few of the hundreds of quality sites available to look
We will not have “class warfare”, remember what the rich romans did at the time of the
collapes of the Roman Empire,,,,,they left town, and the only things in Rome, were the lions ,the circus and the sheeple.
I guess I don’t understand you, Big Al.
In the first segment you state; “You cannot mandate moral values….”
I believe a government can and should mandate moral values.
“Thou Shalt not kill.
Thou shalt not steal.”
are both moral values and I do not know a government that does not mandate those values other than in time of war.
I do believe, however, that the US Government is allowed to govern only within an over-ruling set of rules, called the Constitution.
Further, when the government specifically acts in contravention of those rules, it should be admonished.
The legislature has little regard for the constitution, but the executive has absolutely no regard for the Constitution. The self-acclaimed dictator has repeatedly ignored the Constitution. His only concern is buying enough votes for re-election. By his edicts and over-spending he is destroying the country.
cfs2000, I agree with what you have said.
Considering what the President, congress, Fed and Court are and continue doing regardless of whether the people support it or not, we have to conclude that such events are either planned or not. If planned it is nothing short of Pure evil, if not planned it is insanity. Difficulty for me is figuring out which is worse.
If this situation has any truth at all, then we can expect economic conditions in the US to continue to decline until either the evil or madness stops, or the US hits absolute bottom like a collapse of the nation where it no longer exists. I tell you, history does give guide to what we are witnessing.
This discussion about church and state has been going on for centuries I think.
I would just like to remind people that it was Mussalini that got the vatican back in italy from france. Hitler had a written agreement with the catholic church and franco too was catholic also ireland supported germany during the 2nd war.
My point is that the catholic church and facism historicaly get along very well.
Therefore I would suggest the facist government of the U.S. will get along with the christen catholics.
! more point. the nazis called themselves a socialist party if I recall.
Great to hear Ron Paul on the show.
Al: I don’t know if you have read or heard Detlev Schlichter before, but I highly recommend his book “Paper Money Collapse”. And for those of you who get angry about such topics, No I don’t mean right away but in a few years and much sooner than most people realize.
Financial Repression, Capital Controls, Civil breakdown, War and lots of really bad things are beginning and will continue to get much worse everywhere. The thing is nothing is really safe of course, but right now most people see fiat cash as the safest thing there is and that’s why the central banks and governments continue to increase their leverage. But the leverage, call it QE, derivative expansion, government debt or ordinary borrowing, all these things create consequences around the world. Loss of liberty, freedom, jobs and stability in the US, Europe and Japan, but things much worse in other parts of the World.
http://whiskeyandgunpowder.com/there-will-be-no-end-to-quantitative-easing/
Not about finance or mining, but about civil rights, “Steel on Steel”, a weekly radio program/webcast by John Loeffler (Jim Puplava’s side-kick) is well worth listening to.
As I have previously stated, I am not a Christian, and Steel on Steel has a decidedly pro-christian leaning, but with the exception of his faith, I find John Loeffler one of the most knowledgeable and intelligent broadcasters on the internet. His program is free if you can find a broadcast station within range (typically saturday or sunday evening) or for a small charge it is obtainable webcast. He used to have a free 20 minute sample each week; but I don’t know if he still does that. (that is what got me hooked)
Jay Taylor, ex-Korelin side-kick, also has thought-provoking guests at times on his webcasts. Google “webeatthestreet webcast” and look for mining stocks or voiceamerica.
I have just started reading “This time is Different” by by Reinhart & Rogoff. It is sad that our politicians have such a lack of knowledge. The warnings are out there; the writing is on the wall and yet in deep Kondratieff mid-winter, currency collapse, hyperinflation and even war seem increasingly probable.
As I sit inside in the frozen tundra of northern Indiana, waiting till Saturday when I will fly south, the following occurred to me:
Al Korelin is in the sun and warmth of Palm Springs.
Don Coxe is in Punta Gorda, British Virgin Islands.
James Turk is in Costa Del Sol, Spain and Bob Mriarty, judging by his silence on the net recently, is probably down in the Cayman Islands.
Do most goldbugs seek the sun in February?
They do because they are goldbugs, but mostly because they are old men who like me have time to do what they mostly want.
cfs2000, “This time is different” is truly a good and must read by anyone interested in business or economics. The interesting thing about today’s history is, like you said the politicians are clueless with such lack of knowledge. But people like us are reading and studying as hard as possible. Washington and most centers of government live in a bubble of ignorance and air of superiority. But they are the fools who refuse to see or live in the real world and thus stay ignorant.
They can’t win by winning, they can only win by losing. The sooner they and theirs realize this, the sooner the suffering will stop.
Hi cfs2000,
Of course we seek warmth, we like to see our gold glistening in the sun! Have a great trip.
Thanks.
I just found out Rick Rule is in his house in New Zealand. Now that is grounds for jealousy!
Yes, there is nothing like natural vitamin D for long life.
just noticed your handle…..cfs…”craving for sun”…..love it…..
Segment 1: Wow!! Al, your speech mid-segment was powerful. Well done.
Segment 5: The Mortgage Relief plan is beyond ridiculour. Cash-for-fixer-uppers. It sets completely the wrong precedent, is useless because it won’t make a dent in the amounts owed, and adds yet another burden to the taxpayer.
The White House just said Thursday the expected budget deficit for 2013 will be $910 billion. Even with the Bush Admins off-balance-sheet war funding and $200-$400 billion deficits, we just weren’t blowing that much money each year. Where are all these new billions going???
1st Amendment: “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof, or abridging the freedom of speech, or of the press; or the right of people peaceably to assemble, and to petition for the redress of grievances.”
I am as offended as anyone by the trampling of our Bill of Rights by those who want to save my soul and protect my body. But because the world is round, when the Left goes far enough, they become the Right, and vise versa. Since the topic of the day is separation of church state, let’s circumnavigate our First Amendment. A good place to start is federal tax law.
Why should anyone be forced to pay taxes to subsidize “faith based charities” of any denomination? Yet, the same religions that receive federal monies directly or indirectly at the taxpayer’s expense argue about their 1St Amendment rights when the government imposes public policy that goes against their dogma. Seems to me we ought to knock it ALL off from both directions.
“A government big enough to give you everything you want is big enough to take away everything you have.”—President Ford (R).
It’s one thing to exempt tithing from taxation (albeit a stretch of the 1st Amendment), and quite another to exempt profits (income and capital gains) derived from investments such as professional sports teams, business franchises, holding companies, insurance companies, Wall Street investments, real estate or any other enterprise beyond the earshot of the pulpit or the church’s parking lot. Indeed, such tax-favored status is in itself a violation of our 1st Amendment, specifically the first clause.
If you don’t believe it, just ask those very same rock-solid Republicans who argue that eliminating corporate welfare (deductions, exemptions, credits and grants) amounts to a tax increase on those enterprises! After all, they can’t have it both ways.
We should end all corporate welfare, especially the faith-based ones if you think the 1st Amendment is your thing. And by extension of the same logic regarding the separation of church and state, we should eliminate all foreign aide to all sectarian governments—be they Jewish, Muslim or anything else. Better yet, eliminate all foreign; they don’t deserve it, and we can’t afford it.
Did Obama overreach? You bet, but by no more a measure than the neocons under Bush. Pray as you will and call on God as you please, but do it with your own dime and own time. Because once you start taking government subsides you become a victim of your own greed. Thus one has to wonder, did the state attach itself to western religions or was it vise versa, or maybe worse—a shotgun wedding? In any case, it’s bad business that leads in irreconcilable differences. Seems like a breakup is in the making, and thank God for that.
What happened to Mickey Fulp? I heard someone punched him.
Several years ago an epiphany or realization of politics told me that a great number of Americans are more comfortable with a lie than the truth. We see this in the MSM, financial systems, schools, centers of power and most importantly the great number of Americans who think they deserve what they want just because they were told they can have it. When a person wants to believe a lie for any number of selfish reasons, they naturally won’t believe the truth because it scares them too much. We all do this to some degree, more or less, but when someone like a banker or politician uses this human weakness to profit or gain power, everyone is exploited including those not born yet.
The US has been on this “sell the lie” and “vilify the truth” campaign for long time, generational. The direction is destructive, and in many circumstances the paths taken will never be retraced or undone.
Every week and month we hear promises for change coming out of centers of power and money. This sells to many, but I see gradual increase in doubt and a growing number of people seeking the truth. This is natural and expected as more people seek the truth because they know instinctively the falseness of a lie.
Trust those who have heart, compassion and the wisdom to know difference between a lie and a truth.
Clay, save your energy. The need for social IQ (self awareness) as well as practical IQ (MENSA-style) are basic requirements to overcome hypocrisy inherent in us humans. Actually, I think somewhere in there is the whole point of life. Anyways, the point is we collectively always take the blue bill, not the red, and it’s been this way for eons, and will continue this way for eons. About the best any of us can do is be the best we can be, tell others, and live our lives as best we can.
Hello Al,
Regarding segment 5. Obama instigating a class war is exactly what the
globalists want. That will enable them to impose their martial law and clamp
down on American citizens even more. Social unrest is exactly what they want.
I don’t think Obama started class warfare. George H. W. Bush, Bill Clinton, and George W. Bush, all had a hand in it as well. It doesn’t matter which party is involved and what they supposedly stand for. At the end of the day the entire system needs reform.
I also think tax reversal is inevitable and I support it. Since the eighties, they’ve provided more and more tax breaks for top earners, America simply can not afford to do this anymore. They need to stop giving these kind of tax breaks to the rich.
At the end of the day, it’s up to the people in the USA. They need to stop thinking in terms of right or left, Democrat or Republican. Ignore the smoke and mirrors on all these issues that don’t really matter. Instead focus on issues that do. America stood for freedom, with all those laws being passed, obviously that is being chipped away. America stood of opportunities for everyone, regardless of who they are or where they come from, to improve and rise above their current stations. I know this sounds cliche but when you’re being distracted by all the BS that’s being used so you’d fight among yourselves, remember what your founding fathers wanted and look to the constitution.
Webcanto,
Since 40% of Americans are now on some sort of government assistance. Taxing the rich more will only encourage more to leave the US and I don’t blame them!! Everyone should be allowed to keep the fruits of their labor. What we need is more tax payers, in other word, jobs for the 40% being supported by the successful hardworking Americans. Jobs will be created once the socialist party now in the goverment gets voted out of office. All the laws you mention chipping away our freedoms and standing in the way of jobs are being passed by damocrates all in the name of compasion.
Reversing the tax breaks US has given since the 80s to the rich will not make them leave the country. The rich were in the US when taxes were higher for them and I’m sure they’ll hang around if US revert back to those rates. I don’t know why you think there will be this migration of rich people to other countries. Either way, it doesn’t matter, America can not afford give those tax breaks anymore.
Also forget about rich people creating jobs, they don’t unless it’s necessary or profitable. I mean imagine you run a company, why would you hire? Because it’s busy which mean there is a lot of customers or client requiring your goods or services. Rich people don’t hire out of the goodness of their hearts, there has to be a profitable reason to hire.
Consumers create jobs. People being able to spend or have opportunities to start their own businesses creates jobs. Getting rid of those free trade agreements shipping jobs overseas and making other countries rich will create jobs. Taxes on companies manufacturing overseas will create jobs.
I don’t think it’s just the Democrats passing those type of laws, it’s also the Republicans. I think the entire “I’m a Democrat” or “I’m a Republican” cult like mindset has become detrimental and only serves so that people fight against each other. The whole divide and conquer idea. Think “I’m an American” first and foremost. As I said before, both parties have had a hand in giving out tax breaks and passing laws that supposedly “protect” the people.
Anyway, there are rich people out there that doesn’t mind paying their fair share of taxes or truly want to have policies that work so that US has a strong economy. I mean if I’m so greedy to the point that I’ve skewed the system so far in my favor that people can’t afford what I want to sell them or people can’t afford to buy things that companies I invest in sells, I’m basically just shooting myself in the foot.
Webcanto,
You are right about Obamas divide and conqer. Its called class warfare, the rich against the poor, the haves against the have nots. Obama considers rich to be an income of 250,000, which is a samll business, the job creators. Consumers create jobs??? You can’t consume unless you actually have a job and 40% of Americans on government assistance in unsustainable. The answer to creating jobs is removing the governments overreaching policies and agencies. On more thing, a business owner would be an idiot if he hired out of the goodness of his heart. Of course it has to be necessary and profitable to hire!! How else could you stay in business. Do you really think Bill Gates or Steve Jobs hired even one person if it was not necessary and profitable?? Of course not, but they grew their compaines through hard work and created thousands of jobs–people who are now the consumers and have wealth to pursue their own dreams.
I agree with KAREN….
BESIDE DON’T YOU REMEMBER WHAT LEONA HELMSLY SAID TO HER MAID…..
“only the little people pay taxes.”….1980…
Karen – I don’t think it’s not just Obama, it started with Bush Sr., Clinton, then Bush Jr. Look past whatever party they may be with. Yes, I think consumers create jobs. I think giving the rich tax breaks does not create jobs and frankly US can’t afford it anymore. Regarding the reasons why someone would hire, we’re saying the same thing.
Jerry – Really? Good luck with that. There are a lot more lower and mid income earners than high earners.
I hope America will continue to remain strong and free after it comes out the other end of the “global economy”.
webcanto…hope you know my comment was a joke.., but, you must be new , since
I have not seen your handle(web name) before…so , I will go from there.
Cool, just got the joke Jerry:)
1. Hated our job.2. Have a btfieuaul girlfriend.3. Only in the weekends.4. Check.5. But it IS easy 6. She does, we are.7. Many a time.8. Check.9. Too old for MySpace.10. That’s just silly!
I am a listener from Australia and I am also a Christian – I have felt so guided and blessed by God to have morally aware men to learn from. Any wealth I have, I know I can learn how to be a good steward from listening to Al, Jim Puplava, David McAlvany and others. Thank you for including segment 1 in your weekend show.