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Speaker 1: The following presentation is Del Marvis Studio's production.

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Speaker 2: You're listening to the Fact Hunter Radio Network.

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Speaker 3: Here is your host, George Hobbes.

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Speaker 2: Welcome back truth Seekers from around the world. It's time

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for another edition of our classic audio series. Hey, before

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we get started with that, I just wanted to give

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you a quick update. I am very slowly but surely

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on the mend. It was a very difficult week health

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wise and other things, which I'll get into later on

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this week. I did have an interview scheduled for tomorrow

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that was due to go out on Tuesday night. If

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you can hear my voice, I'm still recovering. I didn't

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have much of a voice last week. That's why we

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didn't put any content out. Having a voice is kind

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of important in the podcast world. So my goal is

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to be back in the saddle for Thursday's radio show.

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But I saw my emails this morning, so many people

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reached out. I'm fine. I'm doing better slowly on the mend,

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but I definitely have a lot of stuff to talk about.

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The week that I was gone. So many things happened,

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obviously in Philadelphia and DC, and there's just so much

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going on that will definitely catch up on Thursday. Thank

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you all for your prayers and the kind words. I'll

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try to reply to all the emails by the end

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of the week, but I just wanted to give you

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an update. So that's where we stand now. Probably no

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Tuesday podcasts, but I fully expect to be back in

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the saddle this coming Thursday for the radio show. And again,

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if you can't catch it live, we'll be sure to

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put it out in the form of a podcast. So

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there's that update. And today it's a little after five

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o'clock in the morning. Here I found an old lecture

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that was given by Eustace Mullins about the Federal Reserve.

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It runs about two and a half hours. It's a

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very informal lecture, a lot of QN and hour number

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two and I hope you enjoy it. And again I

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look forward to catching up with everybody. Certainly lots to

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talk about this coming Thursday. God bless you all be safe,

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have a great week. And without any further ado, here

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is Eustace Mullens.

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Speaker 4: Well, we're going to cover a big subject tonight to

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Federal Reserve, and interesting enough, for many years the analysts

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on Wall Street denied that they were Fed watchers, because

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oh no, we don't do that, because we do our

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own analysis and we draw up our independent.

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Speaker 1: Things on stocks and so forth.

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Speaker 4: But the fact is they just watched the FED, and

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they knew when the Fed was going to raise or

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lower the interest rate, and it.

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Speaker 1: Was very easy for them.

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Speaker 4: And at the same time they officially denied that this

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is the way they operated. So actually the Federal was

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there made it a lot easier for Wall Street stockbrokers

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and speculators because the old Federal Reserve system was set

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up originally.

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Speaker 1: To help speculation. That's all it was for. It was for.

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Speaker 4: People who wanted to speculate and make big money fast otherwise,

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but they wouldn't even bother to put it through because

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what we had before the Federal Reserve system was we

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had a national system of what is called one name paper.

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I inch you ten dollars, you gave me a note

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for ten dollars, and you repaid me the ten dollars. Well,

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the international banking community knew that there was a billions

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of dollars to be made from the negotiable instrument trading

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in debt. So we went from one name paper to

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two name paper, three named paper. In other words, you

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would owe adapt to somebody, and that guy would sell

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it to somebody else for a small profit. He would

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sell it to somebody else, and everybody made a little

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money on the way. So they completely transformed the structure

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not only of the United States but in the entire world.

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And this trading in paper was called acceptances. You accepted

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a debt from someone else. So they had an official

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banking name for it, acceptances. And the biggest acceptance dealers

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in the world were the Rothschiles and their agent, Paul Warburg,

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who had a company in New York called the International

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Acceptance Corporation. So Paul Warberg was the actual author of

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the Federal Reserved Act, and he was part of the

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crowd that went down to Jackal Island on a secret

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meeting the week of Thanksgiving nineteen ten. Now, they had

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the panic of nineteen oh seven, which caused a lot

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of banks to fail and a lot of widespread misery,

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and so supposedly an outcry arose from the American people

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for banking reform. Well, this cariet in company American people.

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It came from the Wall Street bankers. They were the

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ones that wanted banking reform because they wanted it on

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their own terms, but to what they were conditioning the

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American people to accept banking reform. And so they had

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President Theodore Roosevelt create the National Monetary Commission in nineteen

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oh eight, and to the National Monetary Commission was going

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to bring banking reform to the American people. So who

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did they get for the National Monetary Commission. They got

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some of the leading bankers, Paul Warburg and some of

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the other people from Wall Street. Because bankers always say, well,

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if you're not a banker, you couldn't possibly know anything

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about banking. Well, you know, to pay the note every

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month at the bank, but that's all you know. So

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they got bankers to study banking reform. So these studies

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consisted of trips to Europe. And so the National Monetary

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Commission took a couple of jounts to Europe and they

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were wined and dined all over Europe and by the

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Rothschilds and other bankers. But they came back with absolutely

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no results. This had gone on for two years, and

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so they issued a report that we have met with

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some of the leading bankers of Europe and we have

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studied the problem and we're now going over our results.

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Speaker 1: Well, there were no results.

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Speaker 4: So then they secretly went down to jackal Allen, the

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Millionaire's Club, and when they got there everything was conspiratorial.

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They sent all the servants on vacation. The family servants,

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of course, knew them all, and they brought in servants

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for the occasion from the mainland who didn't know any

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of these people. And they agreed that they would only

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address each other by the first name, and it c

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they s. They later called themselves the First Name Club.

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So Paul bor Warburg was Paul, Henry Davison was Henry,

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and Uh, Uh Senator Aldrich was Nelson. I'm quite sure

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Senator Aldrich was quite a pompous guy. Didn't like being

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called by his first name, but that was part of

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the act that they were going through to put this

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over on American people. So they actually sat down and

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drafted this bill UH in the dining room of this hotel.

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And UH about five years ago I suggested to UH,

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one of the people I wrote for Lt. Patterson of

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Criminal Politics, that he UH have a meeting down there.

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I said, we'll call it a commemorative meeting. Yeah, just

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to UH memorialize the well. Uh he agreed, and he

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got his people together and we all went down to

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jack Lyland for the UH anniversary s celebration and it

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worked out real well. Jack Allen's a beautiful place. The

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hotel has been redone and it's no longer the UH

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Millionaires Club. Of course, it's a UH Ratissan, actually Ratissan

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and jackal Allen. So you've got a Ratissan right across

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the street here. So they're a pretty good hotel chain.

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And they have preserved the dining room just as it

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was when they wrote the act. They're in nineteen ten,

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and they have plaques on the wall and they say

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that that the UH these people met, these selfless bankers

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met here and on their own time and devised banking

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reform for the American people and and uh so that's

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the way they put it across. But now they had

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to get this through Congress, and of course there was

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tremendous anti banker center in Congress, mostly from the Midwest

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and the Western States, which were the more independent people

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and also smaller populations, cause the Eastern seaboard had always

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been controlled by the international bankers. And that's why they

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have what they call the Eastern Seaboard Republicans, and they

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have the Republicans and the rest of the country, and

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they're totally different people because the Eastern seaboarder Republicans are

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the old bankers, very what they call liberal Republicans, the

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Nelson Rockefeller people. And then you have the real Republicans

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or in the Midwest and the West, and they're mostly

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Republicans out in this part because people are very self

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reliant and very independent. So when they went before Congress,

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they knew they had to have a good act. So

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they devised a plan that they would offer two different

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two two separate plans to Congress. The Republicans would offer

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the Aldrich Plan, which was the plan that they had

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drafted down at Jackal Island UH to set up a

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central bank, and UH the Democratic Party would offer a

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Democratic plan, which they called the Federal Reserve Plan. And

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they were actually the same plan. Some some commentators pointed

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out they were exactly alike, but they generally the UH

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people fell for it, and UH there was a lot

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of publicity about there were attacks against the evil wall

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Street Aldridge Plan and that UH. But luckily we were

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being offered an alternate plan which would be a people's

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plan by the Democratic Party to be called the Federal Reserve.

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So if you were a good Democrat, you supported the

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Federal Reserve plan. If you were a good Republican, you

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reported supported the Aldridge Plan, and so U. But they

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really needed Woodrow Wilson. They knew he would sign the

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Act into law if he was elect did president, so

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they wanted to elect him president in nineteen twelve in

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order to put this deal over. And uh the problem

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was he was not charismatic and uh he had been

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uh president of Princeton. He was a dry, pompous academic person. Uh,

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absolutely no popular appeal whatsoever. But a Rockefeller in the

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National City Bank decided to go with him anyway, So

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they chose him as their candidate. But uh President Taft, incumbent,

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Uh president was a Republican, very popular.

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Speaker 1: Uh.

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Speaker 4: He was a a really overweight guy who weighed three

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or four hundred pounds.

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Speaker 1: Uh.

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Speaker 4: He had to have a special Beth tub a d

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White House which he could put an elephant in.

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Speaker 1: And uh, but he was very popular.

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Speaker 4: Cause he was good natured that uh uh we had

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prosperity and so uh it looked like Taft was going

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to be elected. So, uh, they always come up with

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some kind of u conspiratorial operation. So they went to

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Diddore Roosevelt, who of course was very unhappy at not

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being in the White House. He had served his term

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and that was over so and it really was any

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thing for him to do. So they persuaded Roosevelt to

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split the Republican Party and run as an independent Bullmoose candidate,

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which he did, and so that elected Wilson by a

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large majority. And so now Wilson had a mandate from

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the people to sign the Federal Reserve Act. So now

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they started the debate in Congress. Well, Congressman Lindbergh, the

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father of the aviator from Minnesota, led the opposition. And

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Lindbergh was a very knowledgeable person.

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Speaker 1: Uh.

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Speaker 4: He was the lawyer for some of the bigger companies

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like Wirehauser Lumber. He represented them, and in fact he

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built a dirty room mansion up there at Little Falls

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on the lake on the I guess it was on

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the Mississippi River.

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Speaker 1: And a year later it burned down.

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Speaker 4: So they built a smaller house there and that house

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is there today and that is the Lindbergh Museum. I

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was there two years ago, and it's a very interesting exhibit.

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It's not far from Minneapolis. So Lindbergh led the fight

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in Congress, and he had a lot of support against

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the banking bill, not the Federal Reserve plan as it

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was offered. So Paul Warburg himself and some of the

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other bankers for the first time in their lives, had

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to come down from New York and actually lobby in

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the halls of Congress. So they made every promise in

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the world to get that act through. And here is

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Paul Warburg, who no one had ever seen in Washington before.

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Speaker 1: He'd liked to stay in the background.

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Speaker 4: He is walking through the halls of Congress to get

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people to to uh enact the Federal RESERVAC. And because

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Wilson was not popular, they took a Virginia congressman. Wilson

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also was born in Virginia, by the way, he was

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born in my hometown of Stanton, Virginia. And carter Glass

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was from uh Lynchburg and he was very popular. So

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it was carter Glass who got to Federal RESERVAC through Congress,

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and uh of course he lived on that very well

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for the rest of his life. They made him Senator

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and so he became very old in office and uh

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in the thirties, and in fact, he was re elected

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twice after he was totally sinile. He couldn't even make

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a public appearance or cast a voting Senate but uh

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uh it was sort of like a referendum in UH

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Russia or Germany. See uh in Virginia, everything was totally controlled.

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So they re elected him twice after he was no

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longer able to even speak.

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Speaker 1: And UH.

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Speaker 4: So this was just one of the triumphs of democracy

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that we have. But that was his reward for having

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gotten the Federal Reserve Act. Through uh that he was

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guaranteed a seat in the Senate for the rest of

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his life.

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Speaker 5: Mm.

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Speaker 4: And he was finally replaced he died, so they had replaced.

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They replaced him by a Congressman named Willis Robertson, who

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was part of the old Harry Bird machine. And uh,

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Harry Bird himself was part of the UH establishment and

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his closest friend was Admiral Louis Strauss, who was a

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partner of Koon Lobe Company, the Roschild banking House in

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New York, which Paul Warburg was a partner of. So

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year he had berh Harry bird A lobbying for the

256
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Federal Reserve Act. And you had uh Willis Robertson, who's

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the father, uh, the great evangelist Pat Robertson, MM, whom

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I went to college with and uh uh at Washington Lee.

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And at that time he was a plump, lazy boy

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whom he would never think of either going into religion

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or banking.

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Speaker 1: And in fact, uh uh.

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Speaker 4: His grades were so low he could not get into

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the Washington Lee Law School even though his his father

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was Senator chairman of the Banking committee in Washington, and

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he was an old Exington family. But he finally wound

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up going to Yale and and squeaking through Yale. I

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don't think he passed the ever passed the bar exam.

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So then his wife said, well, let's uh let's do

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something for poor people. So they started a little church

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and uh started broadcasting. And then he came down to

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Virginia Beach and a friend of mine named Reverend Stallings

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helped him get set up down there, and uh they

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later parted the company. I know the man well, and uh,

275
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but Pat was on his way and with this impeccable

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Wall Street background, Pat was able to build up a

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broadcasting empire. When your father has been chairman of the

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Senate Banking Committee, it does open a few doors, you know.

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So he always had plenty of financial support for this

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television empire which he built up. If he hadn't had

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that family background, he had never gotten off the ground,

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because nobody would put a dime in this kind of

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thing unless they were had certain goals that they wanted

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to achieve. And of course they used Pat Robinson politically

285
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ever since he ran for president, and he's done various things,

286
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and he's always there when they need him. That's the

287
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important thing. You can't always use these people every day.

288
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But to get back to the battle for the Federals

289
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Act in Congress in nineteen thirteen, Lindbergh was having enormous

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effect and it didn't look like they would ever get

291
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it passed, but Warburg kept working, and so what they did.

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They went through Congress and they made every congressman tremendous promises,

293
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but they still did not have a majority. So they

294
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waited until the Christmas vacation. And so when Lindbergh and

295
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the other Midwestern and Western congressmen went away for Christmas,

296
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they'd been gone three or four weeks, cause we didn't

297
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have jet planes at that time. So as soon as

298
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they left town, they brought the bill up before Congress,

299
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and the Congress, which barely had a quorum, hastily passed

300
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it on December the twenty third. Well, even the New

301
00:18:39,839 --> 00:18:45,400
York Times said, legislation of this importance has never been

302
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passed under circumstances because congressional courtesy dictated that you would

303
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not pass on major legislation while the other Congressmen who

304
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opposed it were away.

305
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Speaker 1: I mean, it was just common decent and see.

306
00:19:00,839 --> 00:19:05,240
Speaker 4: And so the Federal Reserve Act was actually fraudulent when

307
00:19:05,279 --> 00:19:08,119
it was passed, because it would never passed if the

308
00:19:08,160 --> 00:19:12,240
opponents had not left town. So it was legal, but

309
00:19:12,440 --> 00:19:16,000
it was moral and indecent that they passed it the

310
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way they did. It was the only way they knew

311
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they could ever get it through Congress, and so they said, well,

312
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if that's what we have to do, we'll do it.

313
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Speaker 1: And they did it.

314
00:19:24,799 --> 00:19:27,680
Speaker 4: And so that is the real background of the Federal

315
00:19:27,680 --> 00:19:31,759
Reserva Act, which few people know that I actually researched

316
00:19:31,839 --> 00:19:35,000
in the New York Times and got the actual quotations,

317
00:19:35,039 --> 00:19:39,000
and I have it in my book the commentary when

318
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it was finally passed, and so the world was waiting

319
00:19:44,440 --> 00:19:47,920
for the Federal Reserve Act for a very simple reason.

320
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Europe had not been able to have a war since

321
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eighteen eighty five. They were all set for a war,

322
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but all of the European countries had been bankrupted by

323
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their central banks. Central bank always bankruptcy country because they

324
00:20:01,759 --> 00:20:08,079
spend all the money, and so they knew the only

325
00:20:08,119 --> 00:20:12,559
way they could finance a world war was from the

326
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wealth of the American people, but without a central bank,

327
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they couldn't do that. So as soon as they got

328
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the Federal Reserve Act enacted into law in December twenty third,

329
00:20:23,680 --> 00:20:28,880
nineteen thirteen. A few weeks later, JP Morgan Company, which

330
00:20:28,880 --> 00:20:33,000
had been represented at the jack All Island meeting by

331
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his lieutenant Henry P.

332
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Speaker 1: Davison.

333
00:20:35,319 --> 00:20:38,319
Speaker 4: Morgan himself did not want to appear personally at the

334
00:20:38,400 --> 00:20:41,920
jack Island meeting because it would compromise the whole situation.

335
00:20:42,000 --> 00:20:44,559
If they knew JP Morgan was there, that meant it

336
00:20:44,599 --> 00:20:48,119
was a banker's bill, So he stayed away, and Henry Davison,

337
00:20:48,160 --> 00:20:50,400
who was not so well known, was his right hand man,

338
00:20:51,000 --> 00:20:55,839
and he organized the American Red Cross also and so

339
00:20:56,000 --> 00:21:00,480
Davison was a Morgan's man at the jack Allllend conference

340
00:21:01,759 --> 00:21:05,400
and sod. The Morgan company has always played a large

341
00:21:05,519 --> 00:21:08,519
role in the Federal Reserve. In fact, Alan Greenspan, the

342
00:21:08,559 --> 00:21:12,960
President chairman, before he was appointed to the Federal Reserve Board,

343
00:21:13,559 --> 00:21:17,480
was a partner of JP Morgan Company, which probably qualified

344
00:21:17,559 --> 00:21:19,799
him for that job, you know, and uh, or at

345
00:21:19,880 --> 00:21:22,359
least JP Morgan thought he did so that that's why

346
00:21:22,359 --> 00:21:25,640
he got the job. See, all these uh Federal Reserve

347
00:21:25,680 --> 00:21:29,880
Board people are chosen by the Wall Street bankers. Obviously,

348
00:21:29,920 --> 00:21:34,079
the president who nominally uh rubber stampsy's appointments, he didn't

349
00:21:34,119 --> 00:21:36,200
know any of these people. He didn't know anything about banking.

350
00:21:36,720 --> 00:21:39,079
I don't know when we've had a president who was

351
00:21:39,079 --> 00:21:43,599
a banker, because bankers, UH, for a long time have

352
00:21:43,720 --> 00:21:46,799
been in poor repute among the American people, and with

353
00:21:46,960 --> 00:21:50,240
very good reason. So if you could imagine a banker

354
00:21:50,759 --> 00:21:53,640
running for president, he wouldn't get very far. So what

355
00:21:53,720 --> 00:21:55,519
you have to do is pick other people and then

356
00:21:55,559 --> 00:21:58,880
put up the money for them to be elected. So

357
00:21:59,480 --> 00:22:02,519
these uh, the bankers have always put their people on

358
00:22:02,559 --> 00:22:04,079
the Federals the air board, and as I say, The

359
00:22:04,079 --> 00:22:08,240
first thing they did was lend Great Britain four hundred

360
00:22:08,279 --> 00:22:12,680
million dollars from JP Morgan. Well, that was to start

361
00:22:12,720 --> 00:22:15,319
the World War One. It was like a declaration of war,

362
00:22:15,359 --> 00:22:18,240
but no one knew it. They thought, well, it's just

363
00:22:18,279 --> 00:22:25,519
an ordinary loan. And so then JP Morgan actually kept

364
00:22:25,519 --> 00:22:28,839
the money and became the purchasing agent for Great Britain

365
00:22:28,880 --> 00:22:31,519
in the United States. So he spent all that money

366
00:22:31,519 --> 00:22:34,680
in this country buying munitions for England and shipping the

367
00:22:34,880 --> 00:22:36,640
munitions to England so they could.

368
00:22:36,400 --> 00:22:40,039
Speaker 1: Start the war. So that's how it was done.

369
00:22:41,240 --> 00:22:44,559
Speaker 4: And of course Germany after the war they wanted to

370
00:22:44,599 --> 00:22:50,279
try the Kaiser for planning to make war against its

371
00:22:50,359 --> 00:22:54,000
peaceful neighbors and so forth. Well, actually the Kaiser didn't

372
00:22:54,000 --> 00:22:56,119
know any of this was going on, or that he

373
00:22:56,240 --> 00:22:58,720
was being set up and that UH Germany was going

374
00:22:58,799 --> 00:23:01,359
to be attacked. So anyway, that's the way it worked.

375
00:23:01,640 --> 00:23:05,880
They started World War One, and only because they had

376
00:23:05,880 --> 00:23:08,599
the better reserve system. And once they got it started,

377
00:23:08,599 --> 00:23:11,640
they realized whether the central bank is gonna be great

378
00:23:11,720 --> 00:23:13,680
And sure enough they did the same thing. In thirty

379
00:23:13,759 --> 00:23:16,960
nine they started Act two of the World War One,

380
00:23:16,960 --> 00:23:21,720
which became World War two, and of course both times

381
00:23:21,839 --> 00:23:25,240
we had a president who campaigned on off for office

382
00:23:25,400 --> 00:23:27,720
on the pledge he would keep us out of war.

383
00:23:27,799 --> 00:23:33,559
Wilson campaigned in nineteen sixteen and he boasted the American people,

384
00:23:33,559 --> 00:23:36,440
I have kept you out of war, and so you

385
00:23:36,440 --> 00:23:38,400
should re elect me. And then, of course, as SUNSI

386
00:23:38,519 --> 00:23:41,279
was re elected, he took us into the war. Well,

387
00:23:41,359 --> 00:23:45,039
Roosevelt campaigned, he said, American boys will never die in

388
00:23:45,119 --> 00:23:49,400
foreign fields, and he stumped the entire country assuring.

389
00:23:49,559 --> 00:23:51,440
Speaker 1: Everybody of this.

390
00:23:52,319 --> 00:23:57,240
Speaker 4: And so then after he was re elected, of course,

391
00:23:59,279 --> 00:24:07,519
they had decoded the Japanese radio and they knew that

392
00:24:07,559 --> 00:24:10,200
the Japanese fleet was on its way to attack Pearl Harbor.

393
00:24:11,039 --> 00:24:14,839
So they made sure not to tell anybody because the

394
00:24:14,920 --> 00:24:18,759
Japanese was sailing under strict orders. If they were detected

395
00:24:19,680 --> 00:24:22,920
en route, or if they had any reason to believe

396
00:24:23,720 --> 00:24:27,039
that the Americans were expecting them, they were to turn

397
00:24:27,079 --> 00:24:30,039
around and go home, which would admit us would not

398
00:24:30,079 --> 00:24:33,720
have gotten into the war. So the night before Pearl Harbor,

399
00:24:34,599 --> 00:24:38,200
three people met at the White House. That was with Roosevelt,

400
00:24:38,480 --> 00:24:42,759
that was George C. Marshall, chief of Staff, and Bernard Baruch,

401
00:24:43,400 --> 00:24:47,000
who was the Banker, who was the intimate of the presidents,

402
00:24:48,319 --> 00:24:55,000
and they were sitting there absolutely terrified in fear that

403
00:24:55,039 --> 00:24:59,039
the Japanese would turn back, and that thirty five hundred

404
00:24:59,039 --> 00:25:02,440
American boys were not be killed the next day. And

405
00:25:02,960 --> 00:25:07,480
so anyway, their night's vigil paid off, and the Japanese attacked,

406
00:25:07,519 --> 00:25:09,079
and we were in the war.

407
00:25:09,680 --> 00:25:11,119
Speaker 1: So that's how it was all done.

408
00:25:11,559 --> 00:25:14,640
Speaker 4: Well, the greatest acts of treason against the American people,

409
00:25:15,160 --> 00:25:18,400
and the fact that all these American boys died, and

410
00:25:18,480 --> 00:25:22,119
the ships, you know, and sank and were killed and bombed,

411
00:25:22,119 --> 00:25:26,279
they were bombed, and they had not an inkling that

412
00:25:26,400 --> 00:25:29,759
all this was happening, although it was they knew in

413
00:25:29,920 --> 00:25:34,920
Washington it was coming. So to cover up for themselves,

414
00:25:35,200 --> 00:25:43,400
the Roosevelt administration then indicted Admiral Kimmel and General Short,

415
00:25:43,440 --> 00:25:47,160
the two commanders of Pearl Harbor, on the grounds that

416
00:25:47,200 --> 00:25:51,880
they had been negligent, that they had let the Japanese

417
00:25:51,920 --> 00:25:54,640
come in and attack them, And of course they had

418
00:25:55,200 --> 00:25:57,839
not a clue that any of this was happening, and

419
00:25:58,759 --> 00:26:01,319
that Washington knew all about it and refused to tell them.

420
00:26:01,640 --> 00:26:07,079
In fact, I think the Army in Washington did send

421
00:26:07,480 --> 00:26:12,359
by ordinary first class mail a note to the Pearl

422
00:26:12,359 --> 00:26:17,480
Harbor commanders that they might expect a Japanese invasion, and

423
00:26:17,559 --> 00:26:20,160
it arrived there a couple of days after Pearl Harbor,

424
00:26:20,200 --> 00:26:23,599
of course, but that was the most urgent way that

425
00:26:23,640 --> 00:26:27,920
they had of notifying our troops in Pearl Harbor that

426
00:26:27,960 --> 00:26:31,200
the Japanese were going to attack. So it worked out

427
00:26:31,319 --> 00:26:34,240
just right, and we were in the war and everything

428
00:26:34,279 --> 00:26:39,880
was underway. So this is how a central bank works.

429
00:26:40,119 --> 00:26:45,240
It's constantly active politically, it's constantly planning for war. And

430
00:26:45,319 --> 00:26:47,680
the reason they planned for wars, like Ezra Pound said

431
00:26:47,880 --> 00:26:53,039
many years ago, wars are created to make debt because

432
00:26:54,160 --> 00:26:58,559
ordinary peacetime commerce can be profitable. Goods are traded and

433
00:26:58,759 --> 00:27:02,400
people are employed. But war gives you the big money.

434
00:27:02,920 --> 00:27:05,640
When you get into war, you have billions and billions.

435
00:27:06,000 --> 00:27:08,880
And of course, during World War Two we had a

436
00:27:09,039 --> 00:27:15,359
very interesting system of production. It was called cost plus

437
00:27:16,079 --> 00:27:21,079
cost plus ten percent. So the more money if you

438
00:27:21,119 --> 00:27:26,079
were manufacturing miniians, boats or guns or whatever for the government,

439
00:27:26,559 --> 00:27:30,079
the more money you spent, the more money you made.

440
00:27:30,519 --> 00:27:34,880
So naturally you were very generous to your workers and

441
00:27:34,920 --> 00:27:38,079
you paid them enormous amounts of money because every time

442
00:27:38,079 --> 00:27:40,440
you get them a raise, you made an extra ten

443
00:27:40,440 --> 00:27:45,319
percent on the raise. So nobody balked at this. And

444
00:27:44,839 --> 00:27:48,319
this was what they called a miracle of production of

445
00:27:48,599 --> 00:27:52,160
World War two, and all it was. They had unlimited

446
00:27:52,160 --> 00:27:54,920
funds from the government, and of course they made their

447
00:27:54,960 --> 00:28:01,640
money and they got very rich. So in nineteen forty

448
00:28:01,680 --> 00:28:04,960
three we did have a couple of successes. And Ezra

449
00:28:05,039 --> 00:28:10,079
Puan broadcast from Radio Rome at that time and he said, uh,

450
00:28:10,119 --> 00:28:13,119
well you've had a couple of successes now and you're

451
00:28:13,160 --> 00:28:15,799
scared out of your pants that the war is going

452
00:28:15,839 --> 00:28:18,039
to end, which, of course they didn't want it to

453
00:28:18,119 --> 00:28:20,680
end in nineteen forty three, and that's why they fought

454
00:28:20,759 --> 00:28:24,519
World War two to prolong it as long as possible.

455
00:28:25,000 --> 00:28:28,440
They had the uh uh, step by step approach in

456
00:28:28,519 --> 00:28:32,519
the Pacific. Instead of attacking Japan, they st attacked each

457
00:28:32,559 --> 00:28:35,559
one of these little islands, a tremendous call. Well it

458
00:28:35,640 --> 00:28:38,519
was a stupid but it kept the war going. To

459
00:28:38,559 --> 00:28:41,240
see if it attacked Japan, that could have been over

460
00:28:41,279 --> 00:28:43,839
a couple of weeks. That wasn't what they wanted. And

461
00:28:43,920 --> 00:28:47,480
it was the same way in Europe. They landed in

462
00:28:47,519 --> 00:28:51,200
Sicily and fought their way all the way up Italy

463
00:28:51,640 --> 00:28:55,200
through the mountains and so forth, which kept things going

464
00:28:55,240 --> 00:28:59,240
in extra year because if they had attacked France or

465
00:28:59,279 --> 00:29:02,559
Germany by land at that time, the war had been

466
00:29:02,599 --> 00:29:05,480
over in six months. But as they didn't want it

467
00:29:05,480 --> 00:29:08,039
that way, and so they prolonged it to nineteen forty five.

468
00:29:09,680 --> 00:29:13,519
So real strategy in war is not how to win it,

469
00:29:14,000 --> 00:29:16,279
but how to keep it going as long as possible,

470
00:29:16,799 --> 00:29:18,799
and is when you have a bank minded, because the

471
00:29:18,839 --> 00:29:22,400
bank wants to drag it out and make it as

472
00:29:22,440 --> 00:29:26,559
costly as possible, not only in money but also in

473
00:29:26,640 --> 00:29:30,400
human lives. I mean they were gambling with American lives

474
00:29:31,319 --> 00:29:34,720
when they prolonged the war and fought through the islands

475
00:29:34,720 --> 00:29:38,440
in the Pacific, fought ups Italy. There was never militarily

476
00:29:39,000 --> 00:29:43,640
there was never any explanation that you could offer to

477
00:29:43,839 --> 00:29:47,680
justify this kind of campaign. And I guess Hitler knew

478
00:29:47,720 --> 00:29:50,400
what was going on anyway, because he was financed by

479
00:29:50,440 --> 00:29:51,279
the Bank of England.

480
00:29:51,960 --> 00:29:53,720
Speaker 1: In fact, they put out.

481
00:29:53,599 --> 00:29:59,559
Speaker 4: The myth that the evil Hitler was financed by German industrialists,

482
00:30:00,079 --> 00:30:04,039
but in fact Hitler was disliked by the German manufacturing class,

483
00:30:04,599 --> 00:30:08,359
and so he had to go to uh Governor Montague Norman,

484
00:30:08,720 --> 00:30:12,519
governor of the Bank of England, UH to get his money,

485
00:30:12,720 --> 00:30:14,880
and he was broke when he went into office in

486
00:30:14,960 --> 00:30:19,559
nineteen thirty three, so we had to fly a couple

487
00:30:19,559 --> 00:30:24,400
of lawyers to uh Cologne to meet with him and

488
00:30:24,519 --> 00:30:27,559
to assure him that uh he would get the money

489
00:30:27,559 --> 00:30:30,759
to keep him going. So UH, you know, they have

490
00:30:30,880 --> 00:30:33,000
war crimes for t people like that. They had war

491
00:30:33,039 --> 00:30:36,359
crimes trials for people who plotted war. Well, the two

492
00:30:36,640 --> 00:30:39,880
were criminals in this case were John Foster Dollies and

493
00:30:39,960 --> 00:30:43,759
Alan Dulles of the firm of Sullivan and Cromwell, who

494
00:30:43,759 --> 00:30:46,720
were the lawyers for the international bankers, and the Dulles

495
00:30:46,799 --> 00:30:50,240
brothers went to Cologne and assured Hitler he would have

496
00:30:50,400 --> 00:30:56,799
money to keep the Nazi administration going. And he was

497
00:30:57,079 --> 00:31:02,119
actually financed too by the Schroeder Company of London, and

498
00:31:02,440 --> 00:31:06,559
one of the Schroder directors, FC. Tarks, was a director

499
00:31:06,599 --> 00:31:09,079
of the Bank of England. So he had to governor

500
00:31:09,160 --> 00:31:12,400
the Bank of England and Tarks behind him, and with

501
00:31:12,480 --> 00:31:16,039
the money of the Bank of England behind him, Hitler

502
00:31:16,559 --> 00:31:22,440
was assured of having a Nazi regime and of starting

503
00:31:22,480 --> 00:31:25,680
World War Two, which was the whole plan anyway. They

504
00:31:25,680 --> 00:31:27,319
didn't care what Hitler did as long as he got

505
00:31:27,359 --> 00:31:30,000
World War two going, and so that worked out, and

506
00:31:30,279 --> 00:31:32,599
that's how they had it. Without Hitler, there would never

507
00:31:32,640 --> 00:31:35,319
have been a second World War, which means that the

508
00:31:35,599 --> 00:31:38,799
bankers who would have lost many billions of dollars in profits.

509
00:31:39,200 --> 00:31:42,519
So he was a good investment for them, and so

510
00:31:42,599 --> 00:31:45,839
that's why they call him a monster today because they

511
00:31:45,880 --> 00:31:49,119
don't want anybody to know about their association with him

512
00:31:49,279 --> 00:31:54,079
or now. They did try to indict Lieutenant General Schroeder,

513
00:31:54,359 --> 00:31:59,359
a German who was head of the SS for war

514
00:31:59,440 --> 00:32:03,559
crimes after the uh he end of World War two.

515
00:32:04,559 --> 00:32:07,119
So he was arrested very briefly and held in a

516
00:32:07,160 --> 00:32:13,039
camp and UH under British UH jurisdiction and quietly dropped.

517
00:32:13,079 --> 00:32:15,480
He was never tried, and he was the man who

518
00:32:15,480 --> 00:32:18,599
made the whole Hitler Nazi administration possible.

519
00:32:19,240 --> 00:32:21,039
Speaker 1: So UH the war.

520
00:32:20,880 --> 00:32:23,880
Speaker 4: Crimes trials, the Nwburgh trials, they were recently reshown again

521
00:32:25,480 --> 00:32:28,799
and and the only reason they ever held in Nurremburg

522
00:32:29,079 --> 00:32:34,799
trials was that they wanted to silence the UH German

523
00:32:34,880 --> 00:32:38,920
generals who knew who had knowledge about all this duplicity

524
00:32:39,440 --> 00:32:42,640
and how the Bank of England and financed Hitler. Well,

525
00:32:42,720 --> 00:32:45,880
they wanted to permanently silence them, so they hung them.

526
00:32:45,920 --> 00:32:47,920
Speaker 1: And their crime was not war crimes at all.

527
00:32:48,039 --> 00:32:50,599
Speaker 4: It was the fact they knew too much and they

528
00:32:50,640 --> 00:32:54,160
were silence and uh they managed to conceal uh the

529
00:32:54,200 --> 00:32:57,039
background of what was going on. So this is how

530
00:32:57,160 --> 00:33:00,240
central banks work. They used everybody, and when they're through

531
00:33:00,279 --> 00:33:02,079
with you, they get rid of you by whatever means

532
00:33:02,079 --> 00:33:04,759
they hang you or or may you just disappear.

533
00:33:05,640 --> 00:33:06,119
Speaker 1: And UH.

534
00:33:07,000 --> 00:33:11,640
Speaker 4: So this is the Federal Reserve system that we UH

535
00:33:11,799 --> 00:33:15,960
think is a unique American institution. And the federals are

536
00:33:16,000 --> 00:33:18,720
Bank of New York alone. Now they are twelve banks,

537
00:33:18,720 --> 00:33:22,559
of course, twelve federalserve banks, but the t UH the

538
00:33:23,319 --> 00:33:25,680
Bank of New York is called the money center bank,

539
00:33:25,920 --> 00:33:29,279
and that is the UH. The president of the Federalserve

540
00:33:29,319 --> 00:33:33,400
Bank of New York makes all the major decisions. Now,

541
00:33:33,440 --> 00:33:35,720
there was a piece in the paper yesterday about the

542
00:33:35,839 --> 00:33:41,160
UH president of the Federal Reserve Bank of Many minis Minneapolis,

543
00:33:42,000 --> 00:33:44,480
and UH in fact he's a he's a minor figure.

544
00:33:44,559 --> 00:33:47,319
He has no authority whatsoever. All the power is in

545
00:33:47,359 --> 00:33:50,440
New York. But they try to promote the other eleven

546
00:33:50,519 --> 00:33:54,680
presidents of these other eleven banks, UH just to m

547
00:33:54,759 --> 00:33:57,839
I feel make 'em feel important, I guess. But UH

548
00:33:57,839 --> 00:34:00,720
the money Center Bank has always done everything. And it

549
00:34:00,839 --> 00:34:02,960
was the directors of this one bank of New York,

550
00:34:03,000 --> 00:34:06,359
the Federal Reserve Bank of New York, which UH finance

551
00:34:06,759 --> 00:34:10,440
communism and UH they were active in helping the Nazis,

552
00:34:10,920 --> 00:34:14,159
and they were UH active in helping the fascists in Italy.

553
00:34:14,760 --> 00:34:19,119
So all of these great political movements of the twentieth

554
00:34:19,119 --> 00:34:22,480
century came right out of the UH Federal Reserve Bank

555
00:34:22,480 --> 00:34:27,199
of New York. And that alone is UH a historical

556
00:34:27,280 --> 00:34:30,800
fact which is very significant. But if you send your

557
00:34:31,719 --> 00:34:35,920
UH offspring to Yale or Princeton or Harvard, they will

558
00:34:35,920 --> 00:34:39,440
never hear one word about any of this. So I

559
00:34:39,440 --> 00:34:41,599
don't care how much money you spend, They're not gonna

560
00:34:41,599 --> 00:34:44,639
get this information. It's all a matter of record. But

561
00:34:44,679 --> 00:34:48,639
the professors know that they have very cushy jobs. They

562
00:34:48,679 --> 00:34:51,079
pay their professors very well now about one hundred fifty

563
00:34:51,079 --> 00:34:54,440
thousand a year. They get long vacations, they get all

564
00:34:54,480 --> 00:34:58,400
sorts of special perks uh uh trips to UH Europe

565
00:34:58,440 --> 00:35:01,679
for conferences and things like that. Their children all get

566
00:35:01,679 --> 00:35:05,840
scholarships at the best colleges, so they're well taken care of,

567
00:35:06,599 --> 00:35:09,719
so they don't rock the boat, and they know to

568
00:35:09,840 --> 00:35:14,239
a t what they need to tell their students and

569
00:35:14,320 --> 00:35:16,519
what to keep from them. And of course the main

570
00:35:16,559 --> 00:35:18,920
thing is they keep everything from them. They really don't

571
00:35:18,960 --> 00:35:23,840
know anything. And it's a very unfortunate situation because when

572
00:35:23,880 --> 00:35:28,039
you see the price of college education in this country today,

573
00:35:28,480 --> 00:35:30,280
I think it's about one hundred and twenty thousand for

574
00:35:30,280 --> 00:35:34,480
a four year stint. And to realize that those students

575
00:35:34,920 --> 00:35:39,280
are being denied practically all information about what's going on,

576
00:35:40,320 --> 00:35:43,360
it's really robbery of a very gross kind. But that's

577
00:35:43,400 --> 00:35:46,719
the way the system is operated. And the reason is

578
00:35:46,760 --> 00:35:50,480
that all of these so called Ivy League schools, like

579
00:35:50,519 --> 00:35:53,559
you have the Harvard School of Business, the most prestigious

580
00:35:53,800 --> 00:35:59,239
business school in the United States. Well, JP Morgan had

581
00:35:59,280 --> 00:36:03,599
a partner in the First National Bank called George Baker.

582
00:36:03,679 --> 00:36:05,639
George Baker was president of the bank and they worked

583
00:36:05,639 --> 00:36:08,480
together for many years. Of course, George Baker made hundreds

584
00:36:08,519 --> 00:36:13,320
of millions of dollars, so he gave twenty five million

585
00:36:13,719 --> 00:36:16,719
to Harvard for the School of Business, and the name

586
00:36:16,800 --> 00:36:17,840
is right there today.

587
00:36:17,920 --> 00:36:18,400
Speaker 1: George F.

588
00:36:18,440 --> 00:36:21,599
Speaker 4: Baker's School of Business because he gave him all the money.

589
00:36:22,000 --> 00:36:26,159
Well why did George F. Baker give twenty five million

590
00:36:26,239 --> 00:36:28,920
to Harvard for the School of Business Because he knew

591
00:36:29,440 --> 00:36:32,760
that the students there would never be told anything about.

592
00:36:32,559 --> 00:36:33,239
Speaker 1: What's going on.

593
00:36:33,559 --> 00:36:35,960
Speaker 4: In other words, he made an investment, He made an

594
00:36:36,000 --> 00:36:39,800
investment in the future that the students would never find

595
00:36:39,800 --> 00:36:42,199
out what was that what they had been doing.

596
00:36:42,719 --> 00:36:43,320
Speaker 1: And that's true.

597
00:36:43,360 --> 00:36:48,599
Speaker 4: The Harvard School of Business was set up to return

598
00:36:48,880 --> 00:36:52,480
short term profits. And anybody who's gone through the Harvard

599
00:36:52,519 --> 00:36:55,840
School of Business and become head of a fortune five

600
00:36:55,880 --> 00:36:58,920
hundred corporation, which many of them do, has the worst

601
00:36:58,960 --> 00:37:04,679
possible training because they're not taught long term development strategy.

602
00:37:05,360 --> 00:37:08,639
They're taught short term profits. Make it in three months,

603
00:37:09,000 --> 00:37:11,480
make junk and sell it fast, make some money. And

604
00:37:11,840 --> 00:37:15,079
that's the total philosophy of that school. Well that came

605
00:37:15,079 --> 00:37:19,440
from George Baker because short term profits. Your banker wants

606
00:37:19,440 --> 00:37:21,679
you to make quick profits and pay off your loans

607
00:37:21,719 --> 00:37:25,159
to him, so, uh, he's not interested in a five

608
00:37:25,239 --> 00:37:28,400
year or ten year development program where you make something

609
00:37:28,480 --> 00:37:31,280
really good and make it, you know, something that can

610
00:37:31,320 --> 00:37:32,559
be admired throughout the world.

611
00:37:33,280 --> 00:37:34,440
Speaker 1: They want you to.

612
00:37:34,199 --> 00:37:37,519
Speaker 4: Turn out cheap junk, sell it fast, make a quick profit,

613
00:37:37,599 --> 00:37:41,639
and pay the banknotes. So, uh, this is the philosophy

614
00:37:41,800 --> 00:37:48,199
of the all the schools of business because they followed

615
00:37:48,480 --> 00:37:51,840
the example of Harvard School of Business, Wharton School of Finance.

616
00:37:52,360 --> 00:37:53,519
Speaker 1: These are the models.

617
00:37:53,639 --> 00:37:56,880
Speaker 4: So they all d fall into line and UH teach

618
00:37:56,920 --> 00:38:00,000
their students the same thing, which has been very destructive

619
00:38:00,719 --> 00:38:06,239
because American corporations have actually fallen behind and development over

620
00:38:06,280 --> 00:38:10,199
the last twenty five years. Japan and Germany of course,

621
00:38:10,599 --> 00:38:14,679
have pushed way ahead and have done much better because

622
00:38:14,880 --> 00:38:18,880
they do not have the short term strategy. The only

623
00:38:18,920 --> 00:38:22,039
way you could make real profits and build your company

624
00:38:22,199 --> 00:38:26,199
is to have a long term strategy of development, research,

625
00:38:26,840 --> 00:38:33,559
building up your market, satisfying your customers. But American corporations

626
00:38:33,599 --> 00:38:37,159
are run like McDonald's. They turn out Hamburger's real fast,

627
00:38:37,280 --> 00:38:41,280
and they make money. But what's the future on that.

628
00:38:41,360 --> 00:38:44,079
I mean, the McDonald Hamburger ten years from now be

629
00:38:44,159 --> 00:38:46,880
just like it is now. Maybe they'll extract a little

630
00:38:46,880 --> 00:38:50,519
more of the flavor from it, but they've done that already,

631
00:38:50,599 --> 00:38:52,400
so I don't like that'll happen.

632
00:38:53,199 --> 00:38:57,039
Speaker 1: So when I was.

633
00:38:57,000 --> 00:39:02,000
Speaker 4: Talking about people on Wall Street, watching the They are

634
00:39:02,039 --> 00:39:08,360
operating from this same short term results strategy, and so

635
00:39:09,599 --> 00:39:12,960
they really know just about what the Fed is gonna

636
00:39:12,960 --> 00:39:15,079
do throughout an entire year. At the beginning of the year,

637
00:39:15,519 --> 00:39:17,719
they have an idea what the interest rates are gonna

638
00:39:17,719 --> 00:39:22,440
be or interest reductions for that entire year. But they

639
00:39:22,480 --> 00:39:27,639
pretend that it's a great mystery, a tremendous secrecy. They

640
00:39:27,679 --> 00:39:31,920
still will not publish the minutes of the Federal Reserve

641
00:39:32,039 --> 00:39:37,679
meetings of the Federal Reserve Board. Now, the Federal Reserve

642
00:39:38,960 --> 00:39:45,599
controls the economy through two ways. One is interest rate,

643
00:39:46,159 --> 00:39:49,280
which is the price of money. Well, they control the

644
00:39:49,320 --> 00:39:51,880
economy through the interest rate. If they raise the interest rate,

645
00:39:52,320 --> 00:39:57,840
less money is available for investment, so prices will fall

646
00:39:57,960 --> 00:40:02,920
on Wall Street because they money money to buy stocks

647
00:40:03,360 --> 00:40:07,760
is reduced. But the real operation is done through what

648
00:40:07,800 --> 00:40:11,679
it's called the Federal Reserve Open Market Committee. Now I've

649
00:40:11,679 --> 00:40:17,360
been writing about and studying the UH Federal Reserve Open

650
00:40:17,360 --> 00:40:22,360
Market Committee for over fifty years. Well Time magazine has UH,

651
00:40:22,400 --> 00:40:27,079
you know, very highly paid journalists. So on March of

652
00:40:27,119 --> 00:40:32,320
twenty third of two thousand, they did a feature story

653
00:40:32,320 --> 00:40:35,320
on the Open Market Committee. UH printed pictures of the

654
00:40:35,360 --> 00:40:39,119
members told how they operated everything. They discovered this in

655
00:40:39,159 --> 00:40:42,039
the year two thousand. Well, I discovered it in nineteen

656
00:40:42,039 --> 00:40:44,639
forty eight, so that puts me a little ahead of 'em.

657
00:40:45,639 --> 00:40:49,760
Kid And Time magazine, of course, was founded by UH

658
00:40:49,880 --> 00:40:53,840
these same bankers in nineteen twenty three. So from nineteen

659
00:40:53,880 --> 00:40:57,079
twenty three to the year two thousand, they never knew

660
00:40:57,119 --> 00:40:58,880
that there was such a thing as the Federal Reserve

661
00:40:58,960 --> 00:41:03,880
Open Market Committee. Well, what is the UH importance of

662
00:41:04,000 --> 00:41:08,400
the Federal Reserve Open Market Committee, Well, it determines the

663
00:41:08,480 --> 00:41:12,360
volume of money available for investment at any time. The

664
00:41:12,519 --> 00:41:17,079
Open Market Committee buyers or sales government bonds on the

665
00:41:17,159 --> 00:41:22,800
open market. Now, when they want prosperity and they want

666
00:41:22,800 --> 00:41:27,880
the market to go up, they buy government bonds, and

667
00:41:27,960 --> 00:41:31,199
so that creates more money, and so there's more money

668
00:41:31,239 --> 00:41:34,440
available for investment. And the next day after they do this,

669
00:41:34,519 --> 00:41:37,199
the stock market will go up a hundred points. So

670
00:41:37,679 --> 00:41:41,920
anybody who happens to know UH that that's gonna happen,

671
00:41:42,079 --> 00:41:44,719
and there are people who know UH is in a

672
00:41:44,800 --> 00:41:48,039
very good position. But the average American investor has no

673
00:41:48,159 --> 00:41:51,480
clue as to this great secrecy of the Federal Reserve

674
00:41:51,800 --> 00:41:54,360
Open Market Committee. So they don't know it til it's

675
00:41:54,400 --> 00:41:58,360
printed in the paper that the Federal Reserve is buying bonds.

676
00:41:58,960 --> 00:42:01,440
Now they do the oppice it to depress the market.

677
00:42:02,239 --> 00:42:07,960
The Open Market Committee will will uh uh sell the

678
00:42:08,000 --> 00:42:12,880
government binds and uh so that extinguishes the debt and

679
00:42:13,000 --> 00:42:16,079
that reduces the amount of money in the system. And

680
00:42:16,280 --> 00:42:18,639
uh it's like turning off the spickets. No more water

681
00:42:18,679 --> 00:42:24,000
coming out. So then the stock market drops precipitously. Here again,

682
00:42:24,079 --> 00:42:27,480
it's quite advantageous to know the day before that this

683
00:42:27,559 --> 00:42:30,559
is gonna happen. And of course the general public never knows,

684
00:42:31,039 --> 00:42:33,679
but there are people who do know. And uh when

685
00:42:33,679 --> 00:42:37,280
you have somebody like Greenspan, chairman of the board from

686
00:42:37,360 --> 00:42:41,760
JP Morgan and Company. Uh, Now he doesn't call up

687
00:42:41,840 --> 00:42:43,639
JP Morgan and tell him they're going to do this.

688
00:42:44,239 --> 00:42:46,480
Speaker 1: JP Morgan calls him up and tells him to do this.

689
00:42:47,000 --> 00:42:51,559
Speaker 4: So it's not that he's given them any advanced information.

690
00:42:51,760 --> 00:42:56,199
That he's just doing what he's told to do. And

691
00:42:56,280 --> 00:42:59,039
this is the way it's been. As I say, the

692
00:42:59,079 --> 00:43:01,760
whole fellow is there system was set up for speculators,

693
00:43:02,360 --> 00:43:08,000
for these people to have advanced knowledge monetary movements. How

694
00:43:08,079 --> 00:43:10,639
much of the price of money, the interest rate, and

695
00:43:10,840 --> 00:43:13,239
the volume of money that is gonna be available for investment.

696
00:43:13,760 --> 00:43:16,400
Either it's gonna grow or it's gonna be less. But

697
00:43:16,719 --> 00:43:19,599
they decide all that ahead of time, and so they

698
00:43:19,639 --> 00:43:24,760
make enormous fortunes. And so the other investors they have

699
00:43:24,840 --> 00:43:27,800
to do what they call fed watching. They have to

700
00:43:27,880 --> 00:43:30,880
watch and guess what the Federal Reserve is going to do.

701
00:43:32,079 --> 00:43:37,159
Because I said now, people have sued to have the

702
00:43:37,199 --> 00:43:40,000
minutes of the Federal Reserve board meetings made public.

703
00:43:41,239 --> 00:43:41,960
Speaker 1: In fact, we had a.

704
00:43:42,000 --> 00:43:45,360
Speaker 4: Chairman of the House Banking Committee a few years ago,

705
00:43:45,400 --> 00:43:51,280
Henry Gonzalez, yeah, from Texas, and Henry Gonzalez sued them

706
00:43:51,320 --> 00:43:57,599
several times to try to get these minutes and to

707
00:43:57,679 --> 00:44:00,280
avoid this secrecy. But he never got anywhere, cause you

708
00:44:00,320 --> 00:44:02,440
go into courts on a deal like that, and of

709
00:44:02,440 --> 00:44:05,880
course the judges are Federal Reserve judges. They may not

710
00:44:06,440 --> 00:44:08,519
be labeled at but uh, they always go with the

711
00:44:08,519 --> 00:44:11,440
Federal Reserve. And many people have asked me why I

712
00:44:11,559 --> 00:44:14,679
never sued the Federal Reserve during all these years, knowing

713
00:44:14,719 --> 00:44:17,159
what I know about them and having it all documented

714
00:44:17,159 --> 00:44:17,679
in this book.

715
00:44:18,960 --> 00:44:21,280
Speaker 1: Well, to launch a suit like.

716
00:44:21,199 --> 00:44:23,760
Speaker 4: That, you do need quite a lot of money, half

717
00:44:23,760 --> 00:44:27,199
a million or a couple million dollars. And of course, uh,

718
00:44:27,480 --> 00:44:31,400
they advantage of the Federal Reserve Board has a central bank. Uh,

719
00:44:31,400 --> 00:44:34,000
whatever money you can put into a lawsuit, they can

720
00:44:34,039 --> 00:44:36,400
print enough ten times that much money to fight you.

721
00:44:37,960 --> 00:44:40,079
Speaker 1: Now, that's right.

722
00:44:40,159 --> 00:44:41,920
Speaker 4: So if I was able to print money, I would

723
00:44:41,960 --> 00:44:45,719
sue the Federal Reserve tomorrow. But uh, unfortunately my resources

724
00:44:45,719 --> 00:44:48,599
are very modest, and most people who are interested in

725
00:44:48,599 --> 00:44:51,320
this sort of thing, they're very modest, cause you do

726
00:44:51,400 --> 00:44:56,320
not get very wealthy people to uh get into this fight.

727
00:44:56,679 --> 00:44:59,360
M Ross Perot would never put up any money for

728
00:44:59,400 --> 00:45:02,199
you to s to the Federal Reserve Board because they'd

729
00:45:02,199 --> 00:45:06,239
wipe him out tomorrow. And Ross Perrot played the political

730
00:45:06,559 --> 00:45:11,960
game for years before he became a presidential campaign candidate.

731
00:45:12,599 --> 00:45:18,000
He was the largest single contributor to President Nixon. He

732
00:45:18,079 --> 00:45:22,079
gave him three hundred thousand dollars. He was the largest

733
00:45:22,079 --> 00:45:25,159
single contributor. And he didn't do that because he liked

734
00:45:25,239 --> 00:45:27,719
Nixon or anything else. He did that because he was

735
00:45:28,320 --> 00:45:36,400
maneuvering to get these enormous Social security and other computer

736
00:45:36,519 --> 00:45:41,400
data contracts from the government. He set up a company

737
00:45:41,400 --> 00:45:46,960
called Electronic Data Systems EDS which was programmed to handle

738
00:45:47,320 --> 00:45:51,119
these enormous paperwork things that were set up by these

739
00:45:51,360 --> 00:45:56,840
Social Security Administration and workman's compensation, all these things, and

740
00:45:56,960 --> 00:46:01,360
he had the only system which could handle it. But

741
00:46:01,480 --> 00:46:05,840
having the only system it didn't mean anything. It didn't

742
00:46:05,880 --> 00:46:08,800
mean that much because no matter what kind of government

743
00:46:08,840 --> 00:46:11,599
contract you get, you got to pay off to get it.

744
00:46:11,920 --> 00:46:15,119
I mean, nothing for nothing. That's the old mate of Washington.

745
00:46:15,679 --> 00:46:17,639
They claimed that they used to have it on the

746
00:46:17,679 --> 00:46:20,719
wall in the House Office building over one Congress was

747
00:46:20,760 --> 00:46:21,840
door nothing for nothing.

748
00:46:22,360 --> 00:46:23,559
Speaker 1: So I don't know if that's true.

749
00:46:23,880 --> 00:46:26,519
Speaker 4: But anyway, even Ross Perot, who had the system to

750
00:46:26,559 --> 00:46:30,599
handle all this, and of course these were enormous contracts, uh,

751
00:46:30,639 --> 00:46:32,880
he still had to pay his way in. So he

752
00:46:33,000 --> 00:46:36,440
donated three hundred thousand to Nixon, and uh he got

753
00:46:36,440 --> 00:46:40,880
the contracts, and of course he became a billionaire because

754
00:46:40,880 --> 00:46:47,320
these were very huge contracts. So Ross Para then came

755
00:46:47,360 --> 00:46:51,000
out as a white night on a charger. He was

756
00:46:51,039 --> 00:46:55,559
going after Congress and he was going to bring a

757
00:46:55,679 --> 00:47:00,719
businessman's point of view to Washington. Well he was a businessman.

758
00:47:01,480 --> 00:47:01,599
Speaker 1: Uh.

759
00:47:01,639 --> 00:47:04,639
Speaker 4: In fact, all of his business had been done with Washington. Yes,

760
00:47:07,039 --> 00:47:09,679
but uh, the idea that he was going to change anyday.

761
00:47:09,719 --> 00:47:13,559
It was ridiculous because, uh, he was part of the system.

762
00:47:13,639 --> 00:47:16,119
And see Bill Gates was the same way. Bill Gates

763
00:47:16,159 --> 00:47:20,119
became the wealthiest man in the world and well with

764
00:47:20,199 --> 00:47:25,719
his Microsoft corporation, his computer operations and uh, but these

765
00:47:25,760 --> 00:47:30,880
people in Washington were getting very disgusted with Bill Gates

766
00:47:31,039 --> 00:47:32,880
and he didn't know it because he didn't know what

767
00:47:32,960 --> 00:47:35,519
was going on. He was spending a million and a

768
00:47:35,599 --> 00:47:40,039
half a year in Washington. Here he was biggest corporation

769
00:47:40,079 --> 00:47:42,840
in the country, richest man. He's spending a million and

770
00:47:42,880 --> 00:47:47,079
a half. Well, my gosh, even a delicatess and would

771
00:47:47,119 --> 00:47:50,400
spend more than that. So, uh, they were getting very

772
00:47:50,400 --> 00:47:52,519
angry with him, and they realized they had to send

773
00:47:52,599 --> 00:47:56,440
him a message. So they had the Justice Department indict

774
00:47:56,559 --> 00:48:00,119
him for monopoly and he finally got the mess. So

775
00:48:00,239 --> 00:48:03,320
you spent now spending about twenty five million in lobbying,

776
00:48:03,760 --> 00:48:04,880
twenty five million.

777
00:48:04,599 --> 00:48:06,360
Speaker 1: A year lobbying in Washington.

778
00:48:07,000 --> 00:48:08,800
Speaker 4: So now he's become a member of the team and

779
00:48:10,079 --> 00:48:12,440
the Microsoft thing is not going anywhere. Of course, this

780
00:48:12,559 --> 00:48:15,159
judge ruled against him, but that was only so you

781
00:48:15,199 --> 00:48:19,360
could appeal. Right, lawyers know that. Uh, they always want

782
00:48:19,360 --> 00:48:22,320
you to lose the first go round because then you

783
00:48:22,320 --> 00:48:26,199
can appeal for years. And uh this brings a cash

784
00:48:26,239 --> 00:48:30,079
flow into the firm. And the firm, of course, is

785
00:48:30,119 --> 00:48:32,960
a law firm. And uh to have a firm, you

786
00:48:33,039 --> 00:48:36,360
have to have money coming in. So uh, this sing

787
00:48:36,360 --> 00:48:39,679
will drag on. And uh they're not gonna split Microsoft

788
00:48:40,079 --> 00:48:43,039
into two companies because they have the faintest idea how

789
00:48:43,039 --> 00:48:46,960
to do it. But uh, the threat is there. And

790
00:48:47,079 --> 00:48:49,119
I will say Gates has taken it all very well.

791
00:48:49,199 --> 00:48:52,239
He realizes he was set up, but it was his

792
00:48:52,320 --> 00:48:55,679
own fault. He's well, I thought for years, why doesn't

793
00:48:55,679 --> 00:48:58,320
Bill Gates start spending a little money in Washington? Why

794
00:48:58,360 --> 00:49:01,199
doesn't he share the wealth like everybody else? But he

795
00:49:01,239 --> 00:49:03,599
had no idea that he's out there on the West coast.

796
00:49:03,920 --> 00:49:05,760
He had no clue as to this is the way

797
00:49:05,840 --> 00:49:10,880
things are done, but under a totally corrupt federal reserve system.

798
00:49:10,920 --> 00:49:13,679
This is how politics work. Yeah, he got his education

799
00:49:13,840 --> 00:49:18,599
very quick, but so that is the way that the

800
00:49:18,639 --> 00:49:23,440
federal reserve system works. And it it is total corruption

801
00:49:23,559 --> 00:49:28,880
from the very beginning. It It began as a criminal conspiracy.

802
00:49:30,519 --> 00:49:33,320
People used to ask me, well, what is the Federal reserve.

803
00:49:33,360 --> 00:49:36,400
It's federal, which means it's government and it has reserves,

804
00:49:37,159 --> 00:49:42,440
and it's a boat. It's a system. Well it's actually

805
00:49:42,679 --> 00:49:45,840
it's not federal, and it has no reserves. It doesn't

806
00:49:45,880 --> 00:49:48,239
need any reserves. When you can print all the money

807
00:49:48,280 --> 00:49:50,320
you want, why would you need any reserves. I mean,

808
00:49:50,480 --> 00:49:52,519
if you need ten billion, you go down and print it.

809
00:49:52,800 --> 00:49:54,400
You don't have to have any You don't go to

810
00:49:54,440 --> 00:49:57,239
the bank vault and drag out ten billion dollars, just

811
00:49:57,280 --> 00:50:01,119
print some more. So and it's not a system at all.

812
00:50:01,199 --> 00:50:04,119
It's a robbery system. I call it the federal robbery

813
00:50:04,159 --> 00:50:07,400
system rather federal reserve, since there are no reserves. But

814
00:50:07,440 --> 00:50:10,480
there's certainly plenty of robbery cause every person in this

815
00:50:10,559 --> 00:50:14,039
country is being robbed by these people. And when they

816
00:50:14,119 --> 00:50:17,679
raise the interest rate, they're robbing you. When Green Spans

817
00:50:17,679 --> 00:50:21,480
started raising the interest rate, I means you've got to

818
00:50:21,519 --> 00:50:24,400
cough up another fifteen hundred dollars a month on your

819
00:50:24,440 --> 00:50:27,280
mortgage or lose your house and go live in a trailer.

820
00:50:27,800 --> 00:50:30,719
So and you haven't got any raise. I mean, you're

821
00:50:30,760 --> 00:50:34,159
not making fifteen hundred a year more. But the interest

822
00:50:34,239 --> 00:50:37,400
rate pushes you into to that position, you've got to

823
00:50:37,400 --> 00:50:40,079
come up with the money or lose your own And

824
00:50:40,800 --> 00:50:44,920
this is what the Federal Reserve does to people. You've

825
00:50:44,960 --> 00:50:47,239
got a note on your car and suddenly the interest

826
00:50:47,320 --> 00:50:50,239
rate goes up on that r You borrow money for

827
00:50:50,280 --> 00:50:53,480
your business, and that goes up, and maybe your business

828
00:50:53,559 --> 00:50:55,719
is not making that much profit. You lose your business.

829
00:50:56,239 --> 00:51:02,599
So these are very serious and very cruel things because

830
00:51:03,000 --> 00:51:07,679
when these bankers raise the interest rates, they don't worry

831
00:51:07,719 --> 00:51:10,400
about whether you can meet your bills or not. If

832
00:51:10,440 --> 00:51:13,159
you don't meet your bills, they'll foreclose on you, take

833
00:51:13,199 --> 00:51:15,519
your business, and you go to work for them at

834
00:51:15,519 --> 00:51:18,559
a much lower salary, and so that's how it's done.

835
00:51:19,679 --> 00:51:25,679
But it is a system of exploitation, of robbery, because

836
00:51:26,519 --> 00:51:29,800
when you take money from people and don't give them

837
00:51:29,840 --> 00:51:35,599
anything in return, that's robbery. Because under all normal commerce,

838
00:51:36,960 --> 00:51:39,760
if you buy something or spend money, you get a product.

839
00:51:39,760 --> 00:51:40,559
Speaker 1: In exchange.

840
00:51:41,519 --> 00:51:44,719
Speaker 4: With the Federal Reserve, you get nothing except the debt.

841
00:51:44,840 --> 00:51:46,960
You get it increase in your debt, and that's it.

842
00:51:47,320 --> 00:51:50,480
You do not get any goods or any advantage of

843
00:51:50,519 --> 00:51:53,400
any kind. You've got the same house you were living in,

844
00:51:54,000 --> 00:51:57,079
but it's costing you an extra fifteen hundred dollars a month.

845
00:51:57,960 --> 00:52:01,239
And that's about how much green Span has raised the

846
00:52:01,320 --> 00:52:05,280
average mortgage in the country. So if you imagine everybody

847
00:52:05,280 --> 00:52:07,320
in the United States is paying an extra fifteen hundred

848
00:52:07,320 --> 00:52:10,519
dollars a month, and uh, they've got to raise that

849
00:52:10,599 --> 00:52:15,000
money by whatever means. They can sell sell assets, uh,

850
00:52:15,280 --> 00:52:17,840
or sell the house and move to a smaller house,

851
00:52:17,880 --> 00:52:19,079
which many people have done.

852
00:52:20,440 --> 00:52:20,920
Speaker 1: That's OK.

853
00:52:22,679 --> 00:52:23,559
Speaker 6: I don't understand what.

854
00:52:23,559 --> 00:52:24,239
Speaker 1: You mean by that.

855
00:52:24,360 --> 00:52:26,159
Speaker 3: When I know my mortgage is to get.

856
00:52:26,039 --> 00:52:28,840
Speaker 6: Fixed ray anyones I get or a fixed right, So

857
00:52:28,920 --> 00:52:32,360
when you talk about raising interestrates, they can't raise moneys strait.

858
00:52:32,159 --> 00:52:32,719
Speaker 3: For mine house?

859
00:52:32,840 --> 00:52:33,559
Speaker 5: Is it fixed right?

860
00:52:34,159 --> 00:52:34,480
Speaker 1: Well?

861
00:52:34,559 --> 00:52:37,280
Speaker 4: Uh, fixed rate mortgage are not affected. But many many

862
00:52:37,280 --> 00:52:39,880
of the mortgages are not fixed right anymore. They they

863
00:52:39,920 --> 00:52:42,519
put put 'em on a sliding scale. So you must

864
00:52:42,519 --> 00:52:45,000
have one of the old very desirable fixed rates.

865
00:52:44,880 --> 00:52:46,679
Speaker 6: And get all of us I get a fixed right.

866
00:52:46,760 --> 00:52:47,840
I've never been on the fling.

867
00:52:48,400 --> 00:52:48,679
Speaker 1: Well.

868
00:52:49,039 --> 00:52:51,280
Speaker 4: Uh, well, all have more fixed rates for a long time.

869
00:52:51,760 --> 00:52:54,079
And then you know that, uh they were tipped off

870
00:52:54,119 --> 00:52:56,480
that they're gonna start raising the interest rate, so they

871
00:52:56,559 --> 00:53:00,000
started moving over into uh.

872
00:53:00,119 --> 00:53:01,159
Speaker 1: Uh I don't.

873
00:53:01,000 --> 00:53:03,159
Speaker 4: Know exactly how they set it up r but they

874
00:53:03,199 --> 00:53:06,320
make variable mortgage, they move to variables. So you've got

875
00:53:06,360 --> 00:53:08,360
the fixed rate. You're okay, they can't do anything to you.

876
00:53:09,360 --> 00:53:11,199
Speaker 7: Interest rates grow up and it's going to cost you

877
00:53:11,320 --> 00:53:13,280
more to for the cost of business.

878
00:53:12,920 --> 00:53:14,039
Speaker 5: Or well futurefarm.

879
00:53:15,159 --> 00:53:18,440
Speaker 4: Oh definitely nice, So things expect me at all. So

880
00:53:18,519 --> 00:53:21,119
you're locked into the fixed rate, You're okay, I didn't

881
00:53:21,199 --> 00:53:23,360
that way, but uh, but if you go into another

882
00:53:23,440 --> 00:53:25,840
business or something, you're gonna pay the higher rate.

883
00:53:26,119 --> 00:53:28,599
Speaker 5: So also all the businesses not to the higher reason

884
00:53:28,599 --> 00:53:29,239
for their loans.

885
00:53:31,360 --> 00:53:34,320
Speaker 4: Yeah, and the business the business loans are where they

886
00:53:34,360 --> 00:53:36,840
really make their money because most businesses have to borrow

887
00:53:36,840 --> 00:53:39,480
money to start up or to expand and so forth.

888
00:53:39,840 --> 00:53:42,880
So the the the house mortgage is not the ideal

889
00:53:43,360 --> 00:53:46,800
example because people in the house mortgages are on a

890
00:53:46,880 --> 00:53:51,000
more fixed income. But businesses uh are totally at risk.

891
00:53:51,480 --> 00:53:53,559
They've got to raise the money or they won't uh

892
00:53:53,639 --> 00:53:56,480
have a business. So it's the businesses that really get

893
00:53:56,559 --> 00:53:59,800
hurt by this. But you don't hear the Republican Party

894
00:53:59,880 --> 00:54:03,440
complaining about the interest rates and so forth, because the

895
00:54:03,519 --> 00:54:08,679
Republican Party, being liberal Republican are for the bankers and

896
00:54:09,280 --> 00:54:11,840
they go along with the Federal Reserve on everything. And

897
00:54:11,880 --> 00:54:17,199
it's amazing too, what unanimous approval there is throughout the

898
00:54:17,360 --> 00:54:20,800
United States for the Federal Reserve system. You'll never hear

899
00:54:20,840 --> 00:54:25,639
a businessman or a politician criticizing the Federal Reserve. The

900
00:54:25,719 --> 00:54:32,039
only criticism for green Spans six interest rate increases since

901
00:54:32,079 --> 00:54:35,239
the first of the year came from the Wall Street Journal,

902
00:54:35,639 --> 00:54:38,519
which is sort of a voice of sanity. Yeah, and

903
00:54:39,599 --> 00:54:44,119
they had they had a number of articles on their

904
00:54:44,239 --> 00:54:54,079
editorial page in which they criticized Greenspan's action. Well, you know,

905
00:54:54,119 --> 00:54:59,199
they they absolutely laughed at his claims that we were

906
00:54:59,280 --> 00:55:04,440
under uh inflationary pressure, where there's no inflationary pressure at all.

907
00:55:04,480 --> 00:55:08,239
They published the actual figures and there was no inflationary pressure.

908
00:55:09,039 --> 00:55:12,639
So uh so, then green Span because of this attack

909
00:55:12,639 --> 00:55:14,920
on the Wall Street jone, he kind of changed his

910
00:55:15,559 --> 00:55:19,199
t uh tactics. He said, well, what he was attacking

911
00:55:19,400 --> 00:55:22,519
was the wealth factor. Well that made it, uh look

912
00:55:22,599 --> 00:55:25,880
like he was going after the rich. So everything everybody thinks,

913
00:55:25,920 --> 00:55:28,400
that's okay, go ahead and s and soak the rich,

914
00:55:29,239 --> 00:55:32,280
But uh, it's not the rich. M Uh they pay

915
00:55:32,320 --> 00:55:35,239
the bills. It's it's the middle income and poor people

916
00:55:35,239 --> 00:55:38,480
they pay the bills. Uh the rich always get a

917
00:55:38,639 --> 00:55:42,559
uh special deal, you know, special discount or are they

918
00:55:42,559 --> 00:55:45,800
owned the bank that owns the note and they're paying themselves.

919
00:55:46,440 --> 00:55:49,880
But uh uh middle income and uh poor people don't

920
00:55:49,880 --> 00:55:53,079
have that advantage. So they're the ones who are the

921
00:55:53,239 --> 00:55:56,719
ultimate victims of all of these policies of the Federal

922
00:55:56,719 --> 00:56:03,039
Reserve Board because wealth the people always benefit from these things.

923
00:56:03,199 --> 00:56:06,280
They have it set up so they benefit. That's why

924
00:56:06,360 --> 00:56:09,840
I said that the original Federal Reserve plan was conceived

925
00:56:10,400 --> 00:56:13,400
by very rich people who wanted to get even richer.

926
00:56:14,199 --> 00:56:17,800
There were no no poor people at the Jackal Island meeting,

927
00:56:17,840 --> 00:56:21,119
there were no middle income people. These people were already

928
00:56:22,320 --> 00:56:27,079
very wealthy, and they had this personal view of themselves

929
00:56:27,760 --> 00:56:32,639
as uh pirates. They really felt like they were sailing

930
00:56:33,079 --> 00:56:37,000
the seas under the Jolly Roger. And in fact, if

931
00:56:37,039 --> 00:56:40,000
you look at the names of their yachts, sailhead yachts,

932
00:56:41,760 --> 00:56:49,000
So George Baker's yacht was called the Viking, and JP

933
00:56:49,159 --> 00:56:53,000
Morgan's yacht was called the Corsair, which is Corsair as

934
00:56:53,039 --> 00:56:56,920
a raider. So they really believed in themselves as pirates.

935
00:56:57,039 --> 00:56:59,079
I mean, these were not people who right to do

936
00:56:59,119 --> 00:57:01,960
good in the world or to help anybody. They were

937
00:57:01,960 --> 00:57:04,519
apt to rob and pillage because that's where the real

938
00:57:04,519 --> 00:57:05,239
money comes in.

939
00:57:05,880 --> 00:57:06,880
Speaker 1: I mean, you can.

940
00:57:06,760 --> 00:57:09,400
Speaker 4: Work all your life at a modest salary, or you

941
00:57:09,400 --> 00:57:11,039
can go out and rob people and make a lot

942
00:57:11,039 --> 00:57:15,039
of money very quickly. Well, these people deliberately chose the

943
00:57:15,039 --> 00:57:17,920
path of robbery, and it's the only path that they have.

944
00:57:19,159 --> 00:57:23,639
And uh they donate large sums to churches and universities

945
00:57:24,159 --> 00:57:27,599
of the stolen money, of course. And uh, but they've

946
00:57:27,639 --> 00:57:29,480
set that up so they get a big tax, right all.

947
00:57:29,880 --> 00:57:34,239
Usually it hardly costs them anything because, uh, they learned

948
00:57:34,239 --> 00:57:39,719
long ago that when you're robbing people, it's better to

949
00:57:39,840 --> 00:57:43,559
promote an image that you do good, you know, So

950
00:57:43,599 --> 00:57:46,960
that's what they do. These are all great philanthropists.

951
00:57:46,239 --> 00:57:50,760
Speaker 1: All these people the dimes. T Rockefeller handed out dimes.

952
00:57:50,840 --> 00:57:54,960
Speaker 4: Yeah, oh yes, yes, he handed out uh dimes, no

953
00:57:55,039 --> 00:57:58,800
folding money, but just dimes. Fact, you get the dimes

954
00:57:58,800 --> 00:58:01,039
by the role, you know, And he would have him out,

955
00:58:01,079 --> 00:58:04,840
but that was that was his great thing. Well, to

956
00:58:04,880 --> 00:58:08,400
give old John d credit. His sons and grandchildren don't

957
00:58:08,440 --> 00:58:11,800
even give anybody dimes. They don't give him anything. You

958
00:58:11,880 --> 00:58:14,480
never you never heard of David or Nelson Rockfeller giving

959
00:58:14,519 --> 00:58:18,000
anybody a dime or given him anything, So uh he

960
00:58:18,079 --> 00:58:19,280
was more generous than they were.

961
00:58:20,280 --> 00:58:22,239
Speaker 1: But uh old John D set.

962
00:58:22,119 --> 00:58:27,039
Speaker 4: Up the Rockefeller Foundation, and he was so hated at

963
00:58:27,039 --> 00:58:30,840
that time. Remember this is the man who organized the

964
00:58:30,840 --> 00:58:37,960
Fellow Reserve meeting. And his son married Nelson Aldridge's uh daughter.

965
00:58:39,039 --> 00:58:44,480
So Nelson Aldridge represented money and privilege in the US

966
00:58:44,519 --> 00:58:49,840
of nineteen hundred Republican majority leader. He owned banks in

967
00:58:49,920 --> 00:58:54,119
Rhode Island, he had stock and everything, and he lived

968
00:58:54,119 --> 00:58:57,719
in a huge mansion. And his daughter married John D.

969
00:58:57,880 --> 00:58:58,320
Speaker 1: Rockfeller.

970
00:58:59,239 --> 00:59:03,360
Speaker 4: So in fact, that's how Nelson Aldrich uh Rockfeller was

971
00:59:03,440 --> 00:59:07,000
named after the man who chaired the Federal Reserve Board meeting.

972
00:59:07,639 --> 00:59:10,599
So that's how involved these people were in this whole thing.

973
00:59:11,679 --> 00:59:14,000
Speaker 1: And uh John D.

974
00:59:14,079 --> 00:59:18,119
Speaker 4: Rockfeller's junior's sons were named the Fortune at five, you know,

975
00:59:18,639 --> 00:59:21,639
Nelson and uh, David and Lawrence. Uh, they were the

976
00:59:21,679 --> 00:59:24,360
Fortune of five. They were the the five wealthiest young

977
00:59:24,360 --> 00:59:26,480
men in the United States and the most.

978
00:59:26,280 --> 00:59:27,519
Speaker 1: Desirable for marriages.

979
00:59:27,559 --> 00:59:30,239
Speaker 4: Of course, Uh they were the best catch because they

980
00:59:30,280 --> 00:59:36,199
were all going to inherit the Rockfeller fortune and the

981
00:59:36,280 --> 00:59:40,199
people who bought the original Federal Reserve stock in nineteen

982
00:59:40,239 --> 00:59:47,119
fourteen had a monopoly because they included in the Federal

983
00:59:47,119 --> 00:59:50,920
Reserve Act of nineteen thirteen that the stock could never

984
00:59:51,000 --> 00:59:54,559
be bought or sold on any exchange. So if you

985
00:59:54,639 --> 00:59:57,719
wanted to buy stock in this magical money machine which

986
00:59:57,800 --> 01:00:01,119
printed money, you couldn't do it because they had set

987
01:00:01,159 --> 01:00:03,960
it up that it would only be available to the

988
01:00:03,960 --> 01:00:06,800
people who bought it initially and who of course would

989
01:00:06,840 --> 01:00:10,000
hold on to it through their families. And uh so

990
01:00:10,199 --> 01:00:13,800
then Rockefeller set up the Rockefeller Foundation and put his

991
01:00:13,920 --> 01:00:17,960
Federal Reserve stock in that so that could never be

992
01:00:18,039 --> 01:00:22,199
touched anyway. So, uh that's where it is today, and

993
01:00:22,320 --> 01:00:27,159
uh that is part of the capital of the Rockefeller Foundation. Well,

994
01:00:27,280 --> 01:00:30,800
Rockefeller was so hated that when he tried to charter

995
01:00:31,280 --> 01:00:35,840
his Rockefeller Foundation through Congress, he couldn't do it. So

996
01:00:35,880 --> 01:00:38,400
he finally charted it through the legislature of New York,

997
01:00:38,760 --> 01:00:41,679
which he owned anyway, And it was never charted as

998
01:00:41,679 --> 01:00:45,519
a national foundation because, uh, nobody in Washington there the

999
01:00:45,559 --> 01:00:48,719
Senate didn't dare vote for it. So he had it

1000
01:00:48,760 --> 01:00:50,719
there for two years. He couldn't get it, so it

1001
01:00:50,719 --> 01:00:53,599
went back to New York and charted it. And the

1002
01:00:53,679 --> 01:00:59,280
Rockefeller Foundation then financed the takeover of the uh medical

1003
01:00:59,320 --> 01:01:04,599
profession through his Rockfeller Institute for Medical Research. And they

1004
01:01:04,639 --> 01:01:07,199
have given us this big drug deal that we have

1005
01:01:07,280 --> 01:01:11,920
today with all of the pills and all of the

1006
01:01:11,920 --> 01:01:17,280
the whole complicated uh uh medical insurance and medical practices

1007
01:01:17,320 --> 01:01:19,159
today all came from John D.

1008
01:01:19,320 --> 01:01:19,760
Speaker 1: Rockfelt.

1009
01:01:20,199 --> 01:01:23,440
Speaker 4: Why was he really interested in people's health? Mm uh No.

1010
01:01:23,960 --> 01:01:26,840
He saw he had the oil monopoly and he was

1011
01:01:26,880 --> 01:01:29,760
looking for other things. So he went into the medical profession,

1012
01:01:30,280 --> 01:01:33,519
took that over. I went into the banking business and

1013
01:01:33,559 --> 01:01:36,440
took that over for the Federal Reserve system. So this

1014
01:01:36,639 --> 01:01:40,039
was a man who was growth minded, as they say.

1015
01:01:41,239 --> 01:01:44,800
He just kept growing and growing, dominating more and more.

1016
01:01:45,440 --> 01:01:48,000
And as he went into each of these fields, he

1017
01:01:48,159 --> 01:01:51,880
took them over totally. For instance, in a medical field,

1018
01:01:52,679 --> 01:01:56,559
he set up a system where hospitals could only be

1019
01:01:56,599 --> 01:02:05,719
accredited by the state legislature, and so then he controlled

1020
01:02:05,719 --> 01:02:09,400
the legislature. So he now controlled all of the hospitals.

1021
01:02:09,920 --> 01:02:13,559
So if you wanted to set up a hospital which say,

1022
01:02:13,599 --> 01:02:17,039
would offer free care to a certain number of indigen

1023
01:02:17,079 --> 01:02:20,360
people or something like that, you couldn't get the legislature

1024
01:02:20,360 --> 01:02:23,079
wouldn't prove it. You wouldn't so you wouldn't be accredited.

1025
01:02:23,800 --> 01:02:28,840
And without accreditation, it was against the law to operate,

1026
01:02:28,880 --> 01:02:31,480
to come and close you down. Armed police would come

1027
01:02:31,519 --> 01:02:34,760
and shut the place down and throw you out. So

1028
01:02:34,880 --> 01:02:41,480
this is they always fall upon force as a final factor,

1029
01:02:42,639 --> 01:02:47,239
because only by force can they force people to do

1030
01:02:47,679 --> 01:02:50,400
the things that to rob them the way they do,

1031
01:02:50,480 --> 01:02:52,639
you got to have force. There's no way you could

1032
01:02:52,679 --> 01:02:56,159
sit down and persuade the ordinary person to give you

1033
01:02:56,239 --> 01:02:57,119
all of his money.

1034
01:02:57,239 --> 01:02:58,159
Speaker 1: You have to use a gun.

1035
01:02:58,920 --> 01:03:05,760
Speaker 4: So that's what all of these UH Federal Reserve influenced legislatures,

1036
01:03:06,480 --> 01:03:08,639
UH revenue agencies everything.

1037
01:03:08,239 --> 01:03:10,360
Speaker 1: They're all the force is their only solution.

1038
01:03:11,239 --> 01:03:16,320
Speaker 4: And the uh RS particularly has a habit of UH

1039
01:03:16,400 --> 01:03:20,960
demanding initially at least five times what they know that

1040
01:03:21,039 --> 01:03:24,199
you owe. If they think you owe sixty thousand, they'll

1041
01:03:24,199 --> 01:03:26,760
send you a notice for three hundred thousand. Well, the

1042
01:03:26,760 --> 01:03:30,519
average person is totally devastated by a demand for three

1043
01:03:30,559 --> 01:03:33,119
hundred thousand. They don't have it, they don't owe it,

1044
01:03:33,159 --> 01:03:39,960
they never owed it. So this conditions you to start

1045
01:03:40,000 --> 01:03:43,719
negotiating and bring down the three hundred thousand to a

1046
01:03:43,719 --> 01:03:46,920
more reasonable figure. So you wind up you may owe

1047
01:03:47,079 --> 01:03:49,760
sixty thousand, but you wind up paying a hundred and

1048
01:03:49,760 --> 01:03:53,519
twenty thousand because you're you got to pay more in

1049
01:03:53,639 --> 01:03:56,199
order to get a settlement. So that's how they operate.

1050
01:03:56,199 --> 01:03:58,719
They've been doing that for many years. Well, this is fraudulent.

1051
01:03:59,400 --> 01:04:03,000
The uh RS knows when they send out the claim

1052
01:04:03,079 --> 01:04:06,480
that it's fraudulent, and you know it's fraudulent, but you

1053
01:04:06,559 --> 01:04:10,840
can't go to court and prove that because any court

1054
01:04:10,920 --> 01:04:14,599
would say, well, the RS agents worked us up from

1055
01:04:14,639 --> 01:04:18,719
the information they had and from their statistics, and we

1056
01:04:18,800 --> 01:04:19,760
can't challenge that.

1057
01:04:20,119 --> 01:04:22,400
Speaker 1: So a lot of some.

1058
01:04:22,320 --> 01:04:27,000
Speaker 4: People have committed suicide because of these impositions. And as

1059
01:04:27,039 --> 01:04:29,199
I say you, the income tax was set up solely

1060
01:04:30,000 --> 01:04:33,920
to cover up the fact that the Federal Reserve bankers

1061
01:04:34,519 --> 01:04:38,079
had gotten a license from the government to print as

1062
01:04:38,159 --> 01:04:41,719
much money as they wanted and there's no restraints on

1063
01:04:41,760 --> 01:04:44,760
it whatsoever. That's why they needed the income tax in

1064
01:04:44,760 --> 01:04:48,079
the first place, was because they had to have some

1065
01:04:48,760 --> 01:04:53,360
system of control, and that the income tax was that system.

1066
01:04:53,440 --> 01:04:57,480
And they've been using it ever since. And it's invalid now,

1067
01:04:57,559 --> 01:04:59,480
and it was invalid at that time and as Bill

1068
01:04:59,480 --> 01:05:04,840
Benson it out to get the income tax Amendment through

1069
01:05:04,840 --> 01:05:10,559
the state legislatures. In every case they used subterfuge and

1070
01:05:10,599 --> 01:05:13,320
in most cases were never even ratified in the first place,

1071
01:05:13,880 --> 01:05:18,119
but they went ahead and listed it as being approved.

1072
01:05:18,480 --> 01:05:22,639
And when he started doing his research, he was amazed

1073
01:05:22,639 --> 01:05:26,960
at going to legislature after legislature and finding out it

1074
01:05:27,119 --> 01:05:30,159
was totally fraudulent. They'd never been ratified in the first place.

1075
01:05:31,360 --> 01:05:34,199
So nobody actually owes any income tax at all because

1076
01:05:36,239 --> 01:05:41,159
the amendment was passed under fraudulent circumstances. And the man

1077
01:05:41,239 --> 01:05:44,239
who approved it as Secretary of State was Philander Knox,

1078
01:05:44,800 --> 01:05:48,280
who was the Wall Street lawyer for JP Morgan and

1079
01:05:48,320 --> 01:05:52,960
the big bankers who wanted the income tax. They knew

1080
01:05:53,039 --> 01:05:55,039
they had to have the income tax, that they could

1081
01:05:55,079 --> 01:05:58,400
not work the federal reserve system unless they had the

1082
01:05:58,440 --> 01:06:01,079
income tax because that was the only means of control

1083
01:06:01,159 --> 01:06:07,159
that they had, and the income tax then became a weapon.

1084
01:06:07,559 --> 01:06:10,280
Uh they used force against people. They'd go in to

1085
01:06:10,360 --> 01:06:14,679
seize your business, seize your home. I had a friend

1086
01:06:14,679 --> 01:06:17,800
in Washington at uh od tax or they said he

1087
01:06:17,840 --> 01:06:22,480
od tax and uh so he came home and went

1088
01:06:22,519 --> 01:06:24,760
to bed at night and during the night, they came

1089
01:06:24,800 --> 01:06:26,880
and took his car. He just had a little Volkswagen.

1090
01:06:27,400 --> 01:06:31,079
They took his car. Mm and UH to show you

1091
01:06:31,119 --> 01:06:36,440
how blackmail and extortion is behind all of this. Uh,

1092
01:06:36,480 --> 01:06:38,920
he went to to the RS and bought his own

1093
01:06:38,920 --> 01:06:42,280
car back for a few cents on the dollar. And

1094
01:06:42,559 --> 01:06:45,760
uh as long as the money changes hands. Uh, they're

1095
01:06:45,800 --> 01:06:47,599
told to bring in money, and they bring in money.

1096
01:06:47,599 --> 01:06:50,320
They're all on a quota system and uh they have

1097
01:06:50,360 --> 01:06:53,119
to bring in money or they never get promoted. So

1098
01:06:53,199 --> 01:06:55,360
he bought his own car back for like something like

1099
01:06:55,400 --> 01:06:56,239
two hundred dollars.

1100
01:06:56,639 --> 01:07:00,199
Speaker 1: But now he had a car again. So at uh

1101
01:07:00,400 --> 01:07:02,360
Uh that's the kind of gu uh s. This is

1102
01:07:02,400 --> 01:07:04,599
a this is a so called government. This is not

1103
01:07:04,639 --> 01:07:07,239
a government at all. Yes, you are we allowed to

1104
01:07:07,280 --> 01:07:09,320
ask questions during this succession or Uh?

1105
01:07:09,400 --> 01:07:11,400
Speaker 4: Yes, I think we've reached the point now we're of

1106
01:07:11,440 --> 01:07:13,800
the workshop where we're going to the question and answer.

1107
01:07:14,119 --> 01:07:14,880
Speaker 1: So you go ahead.

1108
01:07:15,000 --> 01:07:15,960
Speaker 6: Uh, I have a question.

1109
01:07:16,119 --> 01:07:18,920
Speaker 8: I first understood that when they passed the Federally Serve

1110
01:07:19,000 --> 01:07:21,679
Act on me on uh Christmas Eve, that there were

1111
01:07:21,719 --> 01:07:24,320
actually only four people in the room.

1112
01:07:24,440 --> 01:07:26,639
Speaker 6: Isn't that true? It wasn't a co They called it

1113
01:07:26,679 --> 01:07:29,119
a quorum, but it was really four people in the room.

1114
01:07:29,320 --> 01:07:31,519
Speaker 4: Well they said it was a quorum, but I wasn't there,

1115
01:07:31,800 --> 01:07:33,880
And these people lie about everything, so I doubt I

1116
01:07:34,119 --> 01:07:36,360
don't think they probably was a quorum. Yeah, but I

1117
01:07:36,360 --> 01:07:38,360
don't know how you'd ever proved that, you see they.

1118
01:07:38,280 --> 01:07:41,440
Speaker 6: Yeah, they, I mean he seems to know too. I

1119
01:07:41,559 --> 01:07:43,199
when we know that there were four people in the

1120
01:07:43,239 --> 01:07:43,599
grew and.

1121
01:07:43,559 --> 01:07:45,480
Speaker 4: We knew what the well, see, the New York Times

1122
01:07:45,519 --> 01:07:47,599
didn't cover any of that, and of course my source

1123
01:07:47,920 --> 01:07:48,840
was the New York Times.

1124
01:07:48,960 --> 01:07:49,320
Speaker 1: Uh huh.

1125
01:07:49,320 --> 01:07:51,360
Speaker 4: But I don't doubt it that there. It was totally frobile.

1126
01:07:51,519 --> 01:07:54,559
I don't see how they could ever have passed it.

1127
01:07:54,960 --> 01:07:55,079
Speaker 5: Uh.

1128
01:07:55,079 --> 01:07:57,159
Speaker 4: When all these congressmen they left town, there's no way

1129
01:07:57,159 --> 01:07:58,039
they could have had a quorum.

1130
01:07:58,079 --> 01:07:58,400
Speaker 1: Oh.

1131
01:07:58,440 --> 01:08:00,159
Speaker 5: All they did the strength thing was a breathe.

1132
01:08:00,360 --> 01:08:04,199
Speaker 4: Oh the Brady Bill. Yeah exactly, sure. Yeah, whatever they

1133
01:08:04,199 --> 01:08:05,239
want they get right.

1134
01:08:05,519 --> 01:08:07,320
Speaker 5: Yeah, until everybody left to go on vacation.

1135
01:08:07,480 --> 01:08:09,519
Speaker 9: And that's when they did their thing in a eleventhol

1136
01:08:09,679 --> 01:08:11,280
or id. Well it was eleven o'clock and night.

1137
01:08:11,400 --> 01:08:12,920
Speaker 1: Eleven o'clock and night. Yeah, they do that.

1138
01:08:13,000 --> 01:08:16,000
Speaker 4: I used to live in Washington and we would see

1139
01:08:16,039 --> 01:08:17,960
the lights on in the Capitol building when they were

1140
01:08:17,960 --> 01:08:21,720
doing some one of these things. George Stimpson, who found

1141
01:08:21,760 --> 01:08:24,359
a National Press club. Uh, he and I would have

1142
01:08:24,439 --> 01:08:27,039
dinner together sometime and walk home at night. He lived

1143
01:08:27,079 --> 01:08:30,359
at the George Washington Inn, which was just past uh

1144
01:08:30,880 --> 01:08:33,880
the UH congressional offices, and.

1145
01:08:35,600 --> 01:08:37,600
Speaker 1: Uh uh we passed there one night. It was the.

1146
01:08:37,520 --> 01:08:40,960
Speaker 4: Summer night, and and all the lights were blazing and

1147
01:08:41,039 --> 01:08:44,800
all they uh in the in the Capitol and uh

1148
01:08:44,840 --> 01:08:48,079
they were debating the Marshall Bill, which was w one

1149
01:08:48,079 --> 01:08:52,199
of the great Rockefeller giveaways. Because all the Marshall Plan,

1150
01:08:52,279 --> 01:08:54,600
they couldn't call it the Rockefeller Plan, which is what

1151
01:08:54,680 --> 01:08:57,479
it was, so they put George Marshall's name on it.

1152
01:08:57,680 --> 01:08:59,840
We came down as a Marshall Plan, but it was

1153
01:08:59,840 --> 01:09:05,159
actually the Rockefeller plan to keep UH war production going

1154
01:09:06,000 --> 01:09:08,279
because the Rockfeller plants. Of course, the war was over

1155
01:09:08,760 --> 01:09:11,960
and they would have to close down. So they kept

1156
01:09:12,000 --> 01:09:15,800
the UH plants in production. Only now they called it aid.

1157
01:09:16,600 --> 01:09:19,920
And so so they kept sending stuff to Europe at

1158
01:09:20,079 --> 01:09:24,880
American taxpayer's expense for Rockefeller's profit, and it was called aid.

1159
01:09:24,960 --> 01:09:28,920
Speaker 1: They gave it. They gave 'em the stuff. Yes, I

1160
01:09:29,319 --> 01:09:29,920
would have to have.

1161
01:09:30,119 --> 01:09:32,439
Speaker 6: I mean, I understand up until World War Two and

1162
01:09:32,479 --> 01:09:35,000
everything that happened, if any it, I mean, I don't

1163
01:09:35,000 --> 01:09:36,239
know if you have enough time to kind of get

1164
01:09:36,359 --> 01:09:38,279
the all of you of what's happened to the staff?

1165
01:09:39,399 --> 01:09:40,279
Speaker 5: Where's as were going?

1166
01:09:40,800 --> 01:09:43,319
Speaker 4: Well, it's just going. It's it's business as usual. They're

1167
01:09:43,319 --> 01:09:46,000
continuing the sable system. As long as they got the

1168
01:09:46,000 --> 01:09:49,079
federals they've board in place, they can uh raise the

1169
01:09:49,159 --> 01:09:52,680
interest rate, lower the interest rate, Uh, make the stock

1170
01:09:52,720 --> 01:09:55,039
market tighten up, expand the stock market.

1171
01:09:55,680 --> 01:09:56,079
Speaker 1: Uh.

1172
01:09:56,800 --> 01:09:59,319
Speaker 4: Now they've got a very workable system. I don't see

1173
01:09:59,319 --> 01:10:01,960
any changes unless they're forced to change.

1174
01:10:02,239 --> 01:10:05,880
Speaker 1: And the uh.

1175
01:10:04,600 --> 01:10:09,399
Speaker 4: Congress is totally controlled. It's only one person in Congress today,

1176
01:10:09,479 --> 01:10:12,479
Congressman Ron Paul, whom I know very well, who will

1177
01:10:12,840 --> 01:10:17,680
criticize the Federal Reserve. He's a lone voice. Well in Washington,

1178
01:10:17,720 --> 01:10:21,199
when you're a lone voice, you're really alone. Everybody knows

1179
01:10:21,199 --> 01:10:23,880
you're alone. They know that Ron Paul is standing there,

1180
01:10:24,199 --> 01:10:29,039
that he has no supporters in either party either house. Yeah,

1181
01:10:29,199 --> 01:10:32,760
he's got guts, but uh he's willing to do that.

1182
01:10:33,680 --> 01:10:36,199
Well because first he's a man of principle and he

1183
01:10:36,439 --> 01:10:39,279
has a very sea safe seat in Congress from Texas

1184
01:10:39,920 --> 01:10:43,960
and Uh, the voters in S district will continue to

1185
01:10:44,000 --> 01:10:46,760
send him back to Washington, but he won't be able

1186
01:10:46,760 --> 01:10:50,279
to accomplish the now he There's always been one man

1187
01:10:51,199 --> 01:10:54,720
and one congressman in Washington who would oppose the Federal Reserve.

1188
01:10:55,479 --> 01:11:01,600
During the nineteen twenties, it uh was a congressman from uh,

1189
01:11:01,640 --> 01:11:04,920
Pennsylvania who was a banker himself and who was appalled.

1190
01:11:04,960 --> 01:11:07,760
And his name was Congressman of McFadden, and I mentioned

1191
01:11:07,840 --> 01:11:12,760
him quite a bit in my book. And he died

1192
01:11:12,800 --> 01:11:16,439
suddenly at a banquet one night, a political banquet, and

1193
01:11:16,479 --> 01:11:19,520
everybody assumed that he was poisoned because he was a

1194
01:11:19,640 --> 01:11:26,119
very dangerous opponent. And when Eugene Meyer was proposed for

1195
01:11:28,439 --> 01:11:30,760
member of the Federal Reserve Board, that's the guy that

1196
01:11:30,880 --> 01:11:38,399
bought the Washington Post. McFadden held hearings and showed that

1197
01:11:38,479 --> 01:11:43,359
Eugene Meyer, who was a partner of Bernard Baruch had

1198
01:11:44,800 --> 01:11:48,199
Baruke was appointed head of the War Industries Board during

1199
01:11:48,279 --> 01:11:51,399
World War One by Wilson after a fifty thousand dollar

1200
01:11:51,479 --> 01:11:54,560
contribution and which was a lot of money at that time.

1201
01:11:55,199 --> 01:11:59,479
And his partner Eugene Meyer, they had the Alaska Juno

1202
01:11:59,560 --> 01:12:03,960
gold Mine Company in Alasko, which is I think a

1203
01:12:04,000 --> 01:12:10,039
typical fake mining operation. But his partner was appointed head

1204
01:12:10,079 --> 01:12:14,000
of the War Finance Corporation. So you had Meyer and

1205
01:12:14,079 --> 01:12:16,239
Brooke running Washington during World War One.

1206
01:12:17,239 --> 01:12:17,800
Speaker 1: And so.

1207
01:12:20,359 --> 01:12:24,039
Speaker 4: Meyer, apparently it was a rather creative person, and as

1208
01:12:24,079 --> 01:12:26,880
head of the War Finance Corporation, he printed liberty bonds,

1209
01:12:26,920 --> 01:12:31,359
which they sold to finance the war. And it was

1210
01:12:31,399 --> 01:12:36,560
your patriotic beauty to buy liberty bonds. And Meyer was

1211
01:12:36,600 --> 01:12:39,239
such a patriot that he thought, as long as he

1212
01:12:39,279 --> 01:12:42,159
was printing them, he would print him in duplicate, one

1213
01:12:42,239 --> 01:12:45,159
for himself and one to sell to the people. So

1214
01:12:46,000 --> 01:12:47,680
as head of the War finance, he printed all the

1215
01:12:47,680 --> 01:12:50,720
liberty bonds and duplicate, and the others he sold on

1216
01:12:50,800 --> 01:12:53,760
New York through his firms up there. No one knew

1217
01:12:53,800 --> 01:12:56,199
that they were duplicates, of course, because who's going to

1218
01:12:56,279 --> 01:13:00,960
check the numbers of liberty bonds. And so with money

1219
01:13:02,399 --> 01:13:05,960
he bought a big chemical company after the war, and

1220
01:13:06,000 --> 01:13:09,359
then he bought the Washington Post. So the Washington Post

1221
01:13:09,479 --> 01:13:13,039
was printed with the money which Meer stole as head

1222
01:13:13,039 --> 01:13:17,760
of the War Finance Corporation. So Louis McFadden brought this

1223
01:13:17,880 --> 01:13:22,560
out to any hearings, and then he complained that when

1224
01:13:23,439 --> 01:13:28,680
Meyer's assistants were bringing in the books of the War

1225
01:13:28,720 --> 01:13:32,079
Finance Corporation, this was nineteen thirty one and the war,

1226
01:13:32,119 --> 01:13:36,760
of course ended in nineteen eighteen, that when they brought

1227
01:13:36,760 --> 01:13:38,840
the books in, you could see that most of the

1228
01:13:38,880 --> 01:13:42,359
pages had been altered. In other words, Meyer's accountants were

1229
01:13:42,359 --> 01:13:44,600
setting up all night changing the books before they brought

1230
01:13:44,600 --> 01:13:47,640
it to McFadden. And of course there's another criminal endeavor.

1231
01:13:48,319 --> 01:13:53,560
But there again, McFadden was a lone wolf, and nothing

1232
01:13:53,640 --> 01:13:57,800
was ever done about it. And Meyer was approved by

1233
01:13:57,840 --> 01:13:59,920
the Senate as a member of the Federal Serve Board.

1234
01:14:00,800 --> 01:14:03,600
And that's all in my book too. So then after

1235
01:14:03,720 --> 01:14:09,560
McFadden died, another congressman came along from Texas and uh

1236
01:14:10,000 --> 01:14:14,840
he was from Texas canon and uh now I'll have

1237
01:14:14,920 --> 01:14:19,840
to look and remind myself his name, uh huh uh yeah, right, Patman.

1238
01:14:20,680 --> 01:14:22,439
And I used to go to write Patman's office, and

1239
01:14:22,479 --> 01:14:25,039
he had my book right on his desk, and I

1240
01:14:25,119 --> 01:14:28,560
quoted fat I cited his letter in there from right

1241
01:14:28,600 --> 01:14:34,000
Patman that he had uh uh always thought muh very

1242
01:14:34,039 --> 01:14:39,000
highly of my book. But even right Patman, as a

1243
01:14:39,039 --> 01:14:43,439
personal friend, could not was't was afraid to have me

1244
01:14:43,720 --> 01:14:47,239
testified hearings on the federal reserve. I was never asked

1245
01:14:47,399 --> 01:14:49,560
here was I'd written the book, I had done all

1246
01:14:49,600 --> 01:14:53,039
the research, I was the authority on the federal reserve system.

1247
01:14:53,079 --> 01:14:55,760
I was never once I asked, even by right Patman,

1248
01:14:56,279 --> 01:15:02,319
to testify uh about pending uh when they were uh

1249
01:15:02,439 --> 01:15:04,119
investigating in the Federal's airboard.

1250
01:15:04,800 --> 01:15:06,800
Speaker 1: Never maybe investigations.

1251
01:15:07,920 --> 01:15:10,560
Speaker 4: Oh, they they've had a got investigations of the UH

1252
01:15:10,640 --> 01:15:14,319
federals aerve board off and on ever since nineteen twenty five.

1253
01:15:15,439 --> 01:15:18,079
But they never amount to anything because and the press

1254
01:15:18,239 --> 01:15:21,600
never covers them. But I found all of these books,

1255
01:15:22,319 --> 01:15:27,359
uh of the congressional investigations in uh the Library of

1256
01:15:27,399 --> 01:15:31,159
Congress never been read or quoted by anybody.

1257
01:15:32,079 --> 01:15:34,880
Speaker 5: So what's your next step? I mean, obviously you're incredibly greedy,

1258
01:15:34,960 --> 01:15:36,239
you know who.

1259
01:15:35,760 --> 01:15:38,840
Speaker 9: We hear about this talk about you know, uh United

1260
01:15:39,000 --> 01:15:41,520
Nations taxes, and I would think there would be all

1261
01:15:41,760 --> 01:15:44,000
you know that people that don't deserve on the other

1262
01:15:44,159 --> 01:15:47,159
central banks of Europe that are going to, you know,

1263
01:15:47,319 --> 01:15:49,399
try to put this in scheme together.

1264
01:15:50,119 --> 01:15:51,319
Speaker 1: How do you see that playing out?

1265
01:15:51,439 --> 01:15:53,920
Speaker 4: Well, they're always creating money. They've created the euro and

1266
01:15:54,119 --> 01:15:57,560
uh europe uh, which is another federal reserve dollar with

1267
01:15:57,760 --> 01:16:02,520
no visible backing of any kind. I think it's in

1268
01:16:02,720 --> 01:16:05,479
order to cover up the fact that they're creating so

1269
01:16:05,560 --> 01:16:08,840
much money that they need to keep taxing people and

1270
01:16:09,039 --> 01:16:13,560
convincing people that no matter what country you're CITI is now,

1271
01:16:14,279 --> 01:16:17,439
you've got to keep paying taxes to these people for

1272
01:16:17,560 --> 01:16:21,399
all the wonderful services you get. They talk about government services,

1273
01:16:21,479 --> 01:16:23,880
you know, they're always bringing that up, Well, we would

1274
01:16:23,920 --> 01:16:27,720
have to cut services, we would have to cut the schools,

1275
01:16:28,520 --> 01:16:31,079
and they even start closing libraries, you know, just to

1276
01:16:31,479 --> 01:16:34,800
convince people, say, well, we can't have the libraries open

1277
01:16:34,840 --> 01:16:39,159
at night anymore because we're so short of funds. And

1278
01:16:39,279 --> 01:16:41,199
the national parks, you know, they charge you to go

1279
01:16:41,239 --> 01:16:45,039
into national parks here every day. They're sending billions of

1280
01:16:45,159 --> 01:16:50,319
dollars overseas to various boondoggles, and the total budget of

1281
01:16:50,399 --> 01:16:52,880
the whole national park system is like one hundred million

1282
01:16:52,920 --> 01:16:56,399
dollars a year. But you hear these cries of desperation.

1283
01:16:57,079 --> 01:16:59,840
We don't have money to fix the potholes in the parks.

1284
01:17:00,079 --> 01:17:02,760
We don't have money to keep the campgrounds going.

1285
01:17:03,479 --> 01:17:06,039
Speaker 1: And this is uh. One of the main sources of

1286
01:17:06,119 --> 01:17:06,880
recreation for the.

1287
01:17:06,880 --> 01:17:09,840
Speaker 4: American people are the national parks, and they have they're

1288
01:17:09,880 --> 01:17:13,439
starving 'em to death because they feel like, if you

1289
01:17:13,520 --> 01:17:15,439
really want to a guy, you go to the national park,

1290
01:17:15,720 --> 01:17:19,000
why can't you pay a fee and go you that's

1291
01:17:19,039 --> 01:17:19,600
their attitude.

1292
01:17:19,720 --> 01:17:21,800
Speaker 8: Yes, of course, you know that the national parks have

1293
01:17:21,920 --> 01:17:23,840
all been taken over by the United Nations and they're

1294
01:17:23,880 --> 01:17:24,840
called biospheres.

1295
01:17:25,279 --> 01:17:27,680
Speaker 6: The park fees have increased dramatically.

1296
01:17:28,119 --> 01:17:28,520
Speaker 1: Oh yes.

1297
01:17:28,640 --> 01:17:30,680
Speaker 8: The rivers have been taken over up from by the

1298
01:17:30,760 --> 01:17:33,680
Heritage River Foundations, so we the rivers aren't ours anymore,

1299
01:17:33,720 --> 01:17:36,399
The parks aren't ours. The revenue to go into I mean,

1300
01:17:36,520 --> 01:17:38,520
the the the map that they charge to go into

1301
01:17:38,560 --> 01:17:40,920
any place has trop quadruples.

1302
01:17:41,000 --> 01:17:43,199
Speaker 6: And then they tell you no more snowmobiles in the

1303
01:17:43,279 --> 01:17:44,000
national parks.

1304
01:17:44,039 --> 01:17:46,159
Speaker 8: Oh yes, because they don't want us running into any

1305
01:17:46,279 --> 01:17:48,279
nest of the d of the foreign troops of they're

1306
01:17:48,279 --> 01:17:49,359
training as you speak.

1307
01:17:49,520 --> 01:17:50,039
Speaker 1: Oh definitely.

1308
01:17:50,159 --> 01:17:53,279
Speaker 6: Well what about your conspiracy? On top of conspiracy, I mean,

1309
01:17:53,359 --> 01:17:54,000
this is a wall.

1310
01:17:54,079 --> 01:17:56,600
Speaker 8: It's got to come down sometimes, I think more than

1311
01:17:56,640 --> 01:17:58,239
the tragedy of the money and the way they have

1312
01:17:58,279 --> 01:17:58,960
stolen from us.

1313
01:17:59,079 --> 01:18:00,680
Speaker 6: Is the way they have the school children.

1314
01:18:00,880 --> 01:18:04,880
Speaker 8: Oh yes, froy our children in the wars, with their vaccine,

1315
01:18:05,359 --> 01:18:07,399
with their uh their c gem trail.

1316
01:18:07,640 --> 01:18:09,840
Speaker 6: Everything that thing has done to it, to destroy our

1317
01:18:09,880 --> 01:18:11,640
children just makes me live ex really.

1318
01:18:12,520 --> 01:18:14,800
Speaker 4: Oh well, DV kid, I was just talking to her here, Yes,

1319
01:18:14,840 --> 01:18:17,079
she has the table here. She made a con complete

1320
01:18:17,159 --> 01:18:20,960
investigation of all the school shootings. She found that every

1321
01:18:21,319 --> 01:18:24,720
child involved in those shootings was on uh Prozac and

1322
01:18:24,800 --> 01:18:27,760
Ridland and other of these uh mind altering drugs. So

1323
01:18:28,239 --> 01:18:31,159
you're right, terrible crimes are being committed against the children

1324
01:18:31,680 --> 01:18:32,439
and the parents.

1325
01:18:33,239 --> 01:18:33,399
Speaker 1: Uh.

1326
01:18:34,039 --> 01:18:37,520
Speaker 4: You know, what can you do when the government poisons

1327
01:18:37,560 --> 01:18:39,920
your uh child with mind altering drugs?

1328
01:18:40,000 --> 01:18:41,359
Speaker 1: It's no longer your child anymore.

1329
01:18:41,680 --> 01:18:43,359
Speaker 8: First and that you whack your kid in that in

1330
01:18:43,479 --> 01:18:45,840
that mall, and the next thing you know, you've got

1331
01:18:45,920 --> 01:18:47,680
Social services showing up.

1332
01:18:47,600 --> 01:18:48,800
Speaker 6: To take your children away from you.

1333
01:18:49,000 --> 01:18:52,039
Speaker 1: Oh yes, child, it is Oh yeah, if you didn't,

1334
01:18:52,279 --> 01:18:52,840
Oh that's right.

1335
01:18:53,000 --> 01:18:54,760
Speaker 6: I mean that they have all the power.

1336
01:18:55,039 --> 01:18:57,720
Speaker 1: They have power, and as I say, they use force.

1337
01:18:58,119 --> 01:19:01,239
Speaker 4: Oh yeah, uh uh they can accuse your child abuse

1338
01:19:01,319 --> 01:19:03,520
and you you look out and as a car full

1339
01:19:03,600 --> 01:19:06,319
of uh Sheriff's deputies and everybody else there in your car,

1340
01:19:06,600 --> 01:19:08,760
and you wouldn't dare resist. They'd blow you away just

1341
01:19:08,920 --> 01:19:12,800
like that. In fact, they really like resistance. They'd like

1342
01:19:12,880 --> 01:19:14,960
for you to come out shooting so they can use

1343
01:19:15,039 --> 01:19:15,600
their guns.

1344
01:19:15,640 --> 01:19:15,840
Speaker 1: You know.

1345
01:19:16,560 --> 01:19:20,800
Speaker 4: And after all, it's very boring shooting at targets in

1346
01:19:20,960 --> 01:19:23,439
the firing range of the police all the time. To

1347
01:19:23,520 --> 01:19:26,159
get out and shoot some real people would be a

1348
01:19:26,239 --> 01:19:29,760
great change. Oh, I think fun and and of course

1349
01:19:29,960 --> 01:19:31,720
maybe put a notch or two on the barrel.

1350
01:19:31,800 --> 01:19:34,600
Speaker 6: You know, what do you think it is the prognosis?

1351
01:19:35,279 --> 01:19:36,199
What's our future?

1352
01:19:36,560 --> 01:19:38,960
Speaker 4: Well, the prognosis is the government's going to get worse,

1353
01:19:39,399 --> 01:19:41,319
and I think the people are going to resist more.

1354
01:19:41,399 --> 01:19:45,079
I think that's the prognosis. You have the Internet revolution.

1355
01:19:45,560 --> 01:19:48,720
This stuff is suddenly going all over the country instantaneously.

1356
01:19:49,239 --> 01:19:52,800
I mean before people used to print a little mimeograph

1357
01:19:53,399 --> 01:19:56,920
newsletters fifty years ago and hand them out and reach

1358
01:19:58,000 --> 01:20:00,600
one hundred or two hundred people. It goes over the

1359
01:20:00,680 --> 01:20:06,800
country instantaneously. And uh also by seeing it so instantaneously,

1360
01:20:07,359 --> 01:20:09,960
it has a more immediate effect. People are more enraged

1361
01:20:10,039 --> 01:20:12,680
by it. I mean when you get a newsletter in

1362
01:20:12,760 --> 01:20:16,039
the mail that someone's mailed two weeks ago. It really

1363
01:20:16,159 --> 01:20:19,159
doesn't uh excite you, but you pick something off the

1364
01:20:19,239 --> 01:20:21,359
internet and I got it hit you right in the

1365
01:20:21,439 --> 01:20:24,279
head and you're ready to do something. No, I think

1366
01:20:24,319 --> 01:20:28,119
the tide is turning against these people. They have abused us.

1367
01:20:28,279 --> 01:20:32,760
They have abused uh and take taken license with everything

1368
01:20:33,359 --> 01:20:36,560
that they did, like printing the Federal Reserve money, which

1369
01:20:36,560 --> 01:20:39,439
should never have been allowed in the first place. Because

1370
01:20:39,840 --> 01:20:43,319
the only thing they knowed to do with their ill

1371
01:20:43,399 --> 01:20:46,920
gotten gains is to attack the people, to enslave 'em more,

1372
01:20:47,640 --> 01:20:49,640
hire more police, and got more guns.

1373
01:20:50,479 --> 01:20:50,600
Speaker 8: Uh.

1374
01:20:50,640 --> 01:20:52,560
Speaker 6: Do you think all the guns away from us and

1375
01:20:52,720 --> 01:20:53,840
we can't protect yourself.

1376
01:20:53,920 --> 01:20:55,840
Speaker 1: Well, that's what they've been trying to do for years

1377
01:20:56,119 --> 01:20:57,960
and they just haven't had the means to do it.

1378
01:20:58,119 --> 01:21:03,560
Speaker 6: I know the weighing ru Russia was and they couldn't

1379
01:21:03,560 --> 01:21:06,520
defend themselves, and that that's what happened to them.

1380
01:21:06,760 --> 01:21:11,600
Speaker 4: Oh yeah, Russia and Germany they took the guns. And no,

1381
01:21:11,840 --> 01:21:14,239
as long as we still have privately owned guns, our

1382
01:21:14,279 --> 01:21:17,359
freedom will last that long. The day the guns are gone,

1383
01:21:17,359 --> 01:21:21,560
we're gone, that's right, Yes, yeah, oh yes, Well the.

1384
01:21:21,600 --> 01:21:25,760
Speaker 3: Big thing I work in agriculture and the international bankers

1385
01:21:26,159 --> 01:21:28,720
are destroying agriculture in this country. And if you know

1386
01:21:28,840 --> 01:21:31,039
I'm not aware of that, I'll tell you that very extensively.

1387
01:21:31,279 --> 01:21:33,960
Speaker 1: Oh yes, now import half of our food sure.

1388
01:21:34,279 --> 01:21:36,239
Speaker 5: And the people, if you're concerned about.

1389
01:21:36,319 --> 01:21:38,680
Speaker 3: Food safety, Most of the food that comes in is

1390
01:21:38,760 --> 01:21:42,479
not inspected, like less than two percent it comes across

1391
01:21:42,560 --> 01:21:43,880
the borders is inspected.

1392
01:21:44,800 --> 01:21:47,399
Speaker 5: So be sure if you buy fruits and vegetables that

1393
01:21:47,520 --> 01:21:48,159
you wore them.

1394
01:21:48,439 --> 01:21:52,560
Speaker 3: Well, you know, because the the the rules are different.

1395
01:21:52,640 --> 01:21:55,920
With the NAFTA that's again, and the GAD agreements and WTO,

1396
01:21:58,159 --> 01:22:01,800
they have just absolutely decinate the agriculture.

1397
01:22:02,000 --> 01:22:02,760
Speaker 5: And it's right now.

1398
01:22:02,920 --> 01:22:06,520
Speaker 3: Direct subsidies to the farmers will be fifty of this

1399
01:22:06,680 --> 01:22:07,319
year's income.

1400
01:22:09,399 --> 01:22:14,039
Speaker 5: And so guess what food control is? Population is people control?

1401
01:22:14,600 --> 01:22:16,680
Speaker 4: Well, it is because they would rather have your food

1402
01:22:16,760 --> 01:22:19,560
produced in another country and imported, not only make a

1403
01:22:19,600 --> 01:22:22,000
lot of money hauling it here and also make a

1404
01:22:22,039 --> 01:22:25,640
lot of commissions on reselling it, but the food produced

1405
01:22:25,760 --> 01:22:29,600
in Mexico and Chile and so forth. You see, many

1406
01:22:30,279 --> 01:22:35,199
dangerous chemicals have been banned in this country, but Monsanto

1407
01:22:35,520 --> 01:22:39,079
and dal can send those chemicals to any other country

1408
01:22:39,800 --> 01:22:43,279
and they will produced the bright green lettuce and the

1409
01:22:43,359 --> 01:22:47,760
big beautiful grapes. But they're loaded with those chemicals, and

1410
01:22:48,359 --> 01:22:48,760
we have no.

1411
01:22:48,840 --> 01:22:49,399
Speaker 1: Way of knowing that.

1412
01:22:49,640 --> 01:22:52,680
Speaker 4: As you say, they come across they're not inspected. There's

1413
01:22:52,760 --> 01:22:57,199
no way that our government agencies could ever inspect foreign

1414
01:22:58,560 --> 01:23:01,439
farms to see how much of these pesticides they're using.

1415
01:23:01,920 --> 01:23:05,600
So it was a great uh boon for the chemical

1416
01:23:05,680 --> 01:23:09,960
companies after these things were banned here and the reduced

1417
01:23:09,960 --> 01:23:12,680
their market here. They s they say they're selling even

1418
01:23:12,720 --> 01:23:18,479
more overseas because over there, uh uh the market is unlimited.

1419
01:23:18,520 --> 01:23:22,680
There's no they don't have uh legislatures in those countries

1420
01:23:22,720 --> 01:23:27,199
that will meet and ban dangerous substances. Uh, because they're

1421
01:23:27,319 --> 01:23:29,760
the the only thing is to make money and survive.

1422
01:23:29,960 --> 01:23:33,880
And so uh no, we're really endangered by the foreign

1423
01:23:33,920 --> 01:23:37,359
produce coming in this country because uh it's absolutely loaded

1424
01:23:37,439 --> 01:23:38,479
with dangerous chemicals.

1425
01:23:39,439 --> 01:23:40,520
Speaker 5: Long excuse me.

1426
01:23:40,520 --> 01:23:45,720
Speaker 3: Along with that, uh, the the trend is that with

1427
01:23:46,079 --> 01:23:48,399
farming going out, we won't be we'll be in a

1428
01:23:48,479 --> 01:23:52,000
positions to render Oh yes, yeahs wen uh. World World

1429
01:23:52,039 --> 01:23:55,079
War two, World War one, we were we produced our

1430
01:23:55,119 --> 01:23:57,079
own food and and quite a lot of excess.

1431
01:23:57,479 --> 01:23:58,800
Speaker 5: That's not really true anymore.

1432
01:23:58,880 --> 01:24:01,079
Speaker 3: Yes, we have an excess of a few commodities, but

1433
01:24:02,000 --> 01:24:08,199
generally speaking, we're on the deficit here, and we're actually

1434
01:24:08,239 --> 01:24:11,760
importing beans out of Canada now, packaging them in twin

1435
01:24:11,880 --> 01:24:13,960
falls because they can find cheaper there.

1436
01:24:13,920 --> 01:24:15,000
Speaker 5: To the exchange rate.

1437
01:24:15,079 --> 01:24:15,880
Speaker 1: Oh yeah, certainly.

1438
01:24:16,079 --> 01:24:19,279
Speaker 3: And the same way potatoes, and the big corporations come

1439
01:24:19,359 --> 01:24:22,279
to the growers potato es and Idaho where I live,

1440
01:24:22,840 --> 01:24:25,359
and they extored them and say, well, if you don't

1441
01:24:25,399 --> 01:24:28,359
take less money for your contract, they're already basically at

1442
01:24:28,640 --> 01:24:29,880
below production costs.

1443
01:24:29,960 --> 01:24:33,359
Speaker 5: Oh yeah, even the best growers. And they say, well,

1444
01:24:33,399 --> 01:24:36,159
we're gonna take it to Canada. Well they're gonna take

1445
01:24:36,159 --> 01:24:36,760
it to Canada.

1446
01:24:37,399 --> 01:24:40,039
Speaker 3: And you talk about the bridge the Second Revolutionary War

1447
01:24:40,119 --> 01:24:42,520
the British have wanted economically.

1448
01:24:42,119 --> 01:24:45,560
Speaker 4: Oh yes, yeah, Canada right now? Is you know simplot

1449
01:24:45,640 --> 01:24:48,640
there in Idaho, the great potato man. I think they

1450
01:24:48,680 --> 01:24:51,159
have backed him into a corner. You know, he produces

1451
01:24:51,239 --> 01:24:53,880
all the potatoes for McDonald's are dead. I think I

1452
01:24:53,960 --> 01:24:56,159
read about a year ago that they were switching to

1453
01:24:56,880 --> 01:24:59,800
I took Canadian firms. I don't think he has those

1454
01:25:00,279 --> 01:25:01,479
donald contracts anymore.

1455
01:25:01,720 --> 01:25:04,279
Speaker 3: Well, he has some, but you know they've they've cut

1456
01:25:04,359 --> 01:25:08,319
way back yeah, they're increasing in Canada. Uh, they're just

1457
01:25:08,439 --> 01:25:11,239
cutting cutting, uh, cutting us out of the picture.

1458
01:25:11,880 --> 01:25:13,560
Speaker 5: And the only problem they have.

1459
01:25:14,239 --> 01:25:19,199
Speaker 3: Fortunately climate wise, Idaho has still the ideal climate.

1460
01:25:19,399 --> 01:25:21,960
Speaker 5: Oh yes, and some of the other areas.

1461
01:25:22,279 --> 01:25:24,960
Speaker 3: That does make some differences when you're growing things. But

1462
01:25:25,520 --> 01:25:27,800
still they'll try to get around it. And we've taken

1463
01:25:27,880 --> 01:25:32,000
our technology, our tax money and and help produce food

1464
01:25:32,039 --> 01:25:32,720
all around the world.

1465
01:25:32,880 --> 01:25:33,319
Speaker 1: Oh yes.

1466
01:25:34,199 --> 01:25:35,479
Speaker 5: And the overseas.

1467
01:25:35,720 --> 01:25:39,840
Speaker 3: You might comment about the Overseas Private Investment Corporation.

1468
01:25:39,560 --> 01:25:42,479
Speaker 1: Another miss and over oh it's oh, it certainly is.

1469
01:25:42,960 --> 01:25:43,600
Speaker 5: People about that.

1470
01:25:43,840 --> 01:25:46,119
Speaker 4: Well, they set up a number of those companies. Nelson

1471
01:25:46,239 --> 01:25:51,199
Rockefeller UH set up one in South America and it

1472
01:25:51,399 --> 01:25:56,199
was called International Overseas Company, I think, but there's a

1473
01:25:56,319 --> 01:26:02,079
number of them. But Rockefeller set up in Columbia, UH

1474
01:26:02,680 --> 01:26:05,159
to invest the money that he made supplying the Nazi

1475
01:26:05,239 --> 01:26:09,319
submarines with gasoline during World War two exactly, and UH

1476
01:26:09,760 --> 01:26:13,239
Jed Hoover UH found out that he was doing this,

1477
01:26:13,960 --> 01:26:16,319
and he goes rushing to Roosevelt. He thought he finally

1478
01:26:16,359 --> 01:26:22,119
had the Rockefellers and he said, mister President, Uh, the

1479
01:26:22,239 --> 01:26:28,239
Rockfellers are se are supplying the uh Germans with UH

1480
01:26:29,079 --> 01:26:33,159
other German battleships and submarines all through South America. And

1481
01:26:33,479 --> 01:26:37,600
uh so Roosevelt said, well, thank you, Edgar, I'm so

1482
01:26:37,720 --> 01:26:39,039
glad you brought me this information.

1483
01:26:39,520 --> 01:26:42,000
Speaker 1: And he put it in a file and he already

1484
01:26:42,039 --> 01:26:42,720
knew it anyway.

1485
01:26:43,319 --> 01:26:46,000
Speaker 4: But then Rockfellers had all this money after World War two,

1486
01:26:46,640 --> 01:26:49,800
and so that they invested it in these vast enterprises

1487
01:26:49,840 --> 01:26:52,199
down there. And I think the Columbia drug trade is

1488
01:26:52,279 --> 01:26:57,399
probably the natural outgrowth of the Rockefeller investments in Columbia.

1489
01:26:57,560 --> 01:27:00,359
They claimed they were just growing coffee. Yeah, but uh,

1490
01:27:00,479 --> 01:27:03,159
drugs are a lot more profitable than coffee, believe.

1491
01:27:04,720 --> 01:27:04,880
Speaker 1: Yes.

1492
01:27:05,079 --> 01:27:06,439
Speaker 6: And you may wanna talk about how.

1493
01:27:06,359 --> 01:27:09,399
Speaker 8: The how Vietnam, the war was extended so they could

1494
01:27:09,439 --> 01:27:12,920
continue to bring the drives in and the Condi cadavers.

1495
01:27:13,439 --> 01:27:16,479
Speaker 4: Oh yes, ah that was, Oh that was a tremendous thing.

1496
01:27:16,560 --> 01:27:19,640
All the bodies of our soldiers are killed in Vietnam

1497
01:27:20,119 --> 01:27:23,399
were brought home stuffed with huge bags of d uh drugs,

1498
01:27:23,439 --> 01:27:26,319
you know, and then they would open it up and

1499
01:27:26,359 --> 01:27:27,760
take the drugs out and sell 'em and then go

1500
01:27:27,840 --> 01:27:31,560
ahead and give the boys a a good decent uh burial.

1501
01:27:32,239 --> 01:27:35,239
But that was just a means of transportation. These these

1502
01:27:35,279 --> 01:27:38,640
people are so cold blooded and so ruthless, Yeah, that

1503
01:27:38,800 --> 01:27:43,319
the average American cannot envision, cannot begin to envision, uh,

1504
01:27:43,479 --> 01:27:44,039
what they're like.

1505
01:27:45,960 --> 01:27:48,920
Speaker 1: Yes, you mentioned earlier today that.

1506
01:27:50,680 --> 01:27:53,680
Speaker 4: Oh, they were trying to destroy the American um people,

1507
01:27:53,680 --> 01:27:55,239
will make us paupers and everything.

1508
01:27:55,560 --> 01:27:59,680
Speaker 5: But for some reason, the economy is is still strong

1509
01:28:00,319 --> 01:28:03,039
and they haven't ruined it. Do you have any more information?

1510
01:28:03,239 --> 01:28:05,359
Speaker 1: Oh, yes, I mentioned at that time.

1511
01:28:05,479 --> 01:28:10,199
Speaker 4: But we simply responded by working harder and being more genius,

1512
01:28:10,640 --> 01:28:15,720
developing new methods of production. So their efforts to destroy

1513
01:28:15,880 --> 01:28:18,279
us just spurred us on to be more creative. And

1514
01:28:19,159 --> 01:28:23,800
this prosperity is due almost entirely to the extraordinary pressures

1515
01:28:24,000 --> 01:28:30,359
brought on by their measures retaliatory measures against the American people,

1516
01:28:30,920 --> 01:28:35,000
to tax them more, to be more repressive, to have

1517
01:28:35,159 --> 01:28:37,920
more government regulations, and.

1518
01:28:38,560 --> 01:28:41,760
Speaker 1: To narrow our markets. And we're responded by making more

1519
01:28:41,800 --> 01:28:43,159
money there. You know.

1520
01:28:43,279 --> 01:28:44,840
Speaker 6: The other thing is, look at the contrails.

1521
01:28:44,880 --> 01:28:48,640
Speaker 8: They dumped these millions of tons of chemical buds every day,

1522
01:28:48,720 --> 01:28:49,960
and we're still freaking here.

1523
01:28:50,439 --> 01:28:51,840
Speaker 6: We should have been dead years ago.

1524
01:28:52,079 --> 01:28:54,920
Speaker 4: Oh yeah, Well, we take all these wonderful medications from

1525
01:28:54,960 --> 01:28:59,119
Rockefeller's drug companies, and that's what's keeping us going. No,

1526
01:28:59,159 --> 01:29:01,239
when they dumped the common trails, we have to rush

1527
01:29:01,279 --> 01:29:05,279
out and buy millions of dollars worth of medicines just

1528
01:29:05,399 --> 01:29:10,720
to survive. So they win both ways, but they will run.

1529
01:29:10,800 --> 01:29:14,239
As for agriculture, agriculture is the way they ruin. It's

1530
01:29:14,319 --> 01:29:18,680
because unless you live off of your land, no country

1531
01:29:18,720 --> 01:29:22,279
can survive without living off their own land. On Japan,

1532
01:29:22,439 --> 01:29:25,920
of course, they don't have any room to grow food

1533
01:29:26,359 --> 01:29:29,960
in Japan. I have been there many times. Every inch

1534
01:29:30,039 --> 01:29:34,760
of the land is taken up by homes and factories,

1535
01:29:35,239 --> 01:29:38,520
so you don't have any fields of grain and all

1536
01:29:38,560 --> 01:29:40,159
that sort of stuff. They have to import it all.

1537
01:29:41,119 --> 01:29:44,640
But and so the Japanese have to work twice as

1538
01:29:44,720 --> 01:29:47,119
hard to produce enough money to buy their own food.

1539
01:29:47,800 --> 01:29:52,520
And the consequence is they're totally under control. I have

1540
01:29:52,640 --> 01:29:55,840
been ever since the military occupation. We still have forty

1541
01:29:55,880 --> 01:30:00,359
seven thousand troops in Japan. So anybody thinks that Japan

1542
01:30:00,520 --> 01:30:03,720
is not occupied, I think in fifty two or fifty

1543
01:30:03,760 --> 01:30:08,159
four they drafted some sort of agreement that Japan is

1544
01:30:08,279 --> 01:30:12,279
now fully independent. Well, when you go to Japan, the

1545
01:30:12,399 --> 01:30:16,960
press is totally controlled, the television is totally controlled. There's

1546
01:30:17,000 --> 01:30:20,800
no dissent anywhere in Japan. It's like Soviet roy Russia

1547
01:30:21,039 --> 01:30:26,119
was understalling. And the people don't mind this because Japanese

1548
01:30:26,159 --> 01:30:30,560
are not very argumentative people anyway, and they just accept

1549
01:30:30,640 --> 01:30:34,880
this and they go along and work and they live

1550
01:30:35,039 --> 01:30:37,880
almost in hobbles. The center. Living in Japan is awful.

1551
01:30:38,119 --> 01:30:42,239
That these enormous apartment houses were like barracks, and in

1552
01:30:42,359 --> 01:30:44,680
these huge parks they only have like a room and

1553
01:30:44,720 --> 01:30:47,880
a half for four people. It's really terrible. They have

1554
01:30:47,960 --> 01:30:50,199
no room to park cars. They can't buy cars because

1555
01:30:50,199 --> 01:30:53,000
there's no place to park a car, and only wealthy

1556
01:30:53,039 --> 01:30:57,800
people in Japan have cars. So that's really why they

1557
01:30:57,920 --> 01:31:01,600
inundated us in the rest of the world with their cars,

1558
01:31:02,119 --> 01:31:05,359
because after they produced them in Japan, they couldn't sell

1559
01:31:05,359 --> 01:31:09,239
them to the Japanese people because there's no place to

1560
01:31:09,279 --> 01:31:13,680
put them. Very few people have a place in Japan

1561
01:31:13,760 --> 01:31:14,399
a park a car.

1562
01:31:15,199 --> 01:31:15,359
Speaker 1: Well.

1563
01:31:15,399 --> 01:31:18,199
Speaker 4: I think in h New York City, in Manhattan, it

1564
01:31:18,359 --> 01:31:21,119
cost you about the same price as an apartment just

1565
01:31:21,159 --> 01:31:22,279
to get a parking place.

1566
01:31:23,000 --> 01:31:25,439
Speaker 1: And uh, when I lived there rough.

1567
01:31:26,239 --> 01:31:29,880
Speaker 4: U fifty years ago, it was still rough, but then

1568
01:31:29,920 --> 01:31:32,800
it got to where you really had to buy a

1569
01:31:33,239 --> 01:31:37,920
parking place in something enclosed garage, and it started at

1570
01:31:37,960 --> 01:31:40,319
two hundred a month anno it's about two thousand a months.

1571
01:31:42,880 --> 01:31:45,800
Oh yes, Oh, the price of a parking place in

1572
01:31:46,199 --> 01:31:49,000
Manhattan today is about the same as the price of apartment.

1573
01:31:49,319 --> 01:31:51,159
Speaker 5: You could afford a lot of taxes.

1574
01:31:52,479 --> 01:31:55,760
Speaker 4: Well they could afford taxes, but for some of them,

1575
01:31:55,840 --> 01:32:00,159
they have enough money and there's the prestige of owning

1576
01:32:00,239 --> 01:32:03,920
your own automobile, and so they do that. It's just

1577
01:32:04,039 --> 01:32:06,760
like John Kennedy. He had the prestige of owning his

1578
01:32:06,880 --> 01:32:10,479
own airplane. But uh, with all of his money, I

1579
01:32:10,560 --> 01:32:12,960
thought he would have had a pilot, but instead he

1580
01:32:13,039 --> 01:32:17,560
insisted on piloting himself. And uh so, uh, he's no

1581
01:32:17,680 --> 01:32:20,920
longer with us because, uh, he and his one hundred

1582
01:32:20,920 --> 01:32:23,359
and fifty million dollar fortune crashed and that was the

1583
01:32:23,920 --> 01:32:27,279
end of that. Yes, conspiracy, Oh yes, I've heard all

1584
01:32:27,319 --> 01:32:28,760
conspiracy theories about Kennedy.

1585
01:32:28,800 --> 01:32:30,439
Speaker 6: Do you think that he crashed or don't have been

1586
01:32:30,479 --> 01:32:32,439
competent at all? I think he was taken down.

1587
01:32:32,800 --> 01:32:33,039
Speaker 1: Well.

1588
01:32:33,239 --> 01:32:37,439
Speaker 4: Uh, the information that they released immediately after the crash

1589
01:32:38,159 --> 01:32:41,319
was so suspicious. Here on the front page of every

1590
01:32:41,399 --> 01:32:46,279
newspaper are these lurid, very detailed stories of how confused

1591
01:32:46,439 --> 01:32:49,000
he was and totally lost, didn't.

1592
01:32:48,760 --> 01:32:49,720
Speaker 1: Know he was up, and then.

1593
01:32:51,880 --> 01:32:52,199
Speaker 5: With him.

1594
01:32:52,359 --> 01:32:54,159
Speaker 4: Yeah, well they must have been in the cockpit. How

1595
01:32:54,159 --> 01:32:55,479
would they have known all these things?

1596
01:32:55,640 --> 01:32:55,720
Speaker 1: Uh?

1597
01:32:56,319 --> 01:32:58,840
Speaker 4: Uh but uh, they were very detailed. When you see

1598
01:32:58,920 --> 01:33:03,800
that kind of uh manufactured propaganda A and it hits

1599
01:33:03,840 --> 01:33:06,760
the press within hours after any of this stuff, and

1600
01:33:07,039 --> 01:33:11,359
uh uh it's it's just like uh Hillary uh Clinton

1601
01:33:11,479 --> 01:33:14,960
in her newspaper column and Ron Brown crashed in uh

1602
01:33:15,079 --> 01:33:18,079
oh yeah, Yugoslavia. And in her column the next day

1603
01:33:18,199 --> 01:33:20,760
she told her about the turbo weather storms and so forth.

1604
01:33:21,439 --> 01:33:25,279
If fact there were no storms at all. But uh

1605
01:33:25,359 --> 01:33:26,600
that that doesn't bother them.

1606
01:33:27,039 --> 01:33:27,159
Speaker 1: Uh.

1607
01:33:27,399 --> 01:33:30,600
Speaker 4: They're they're given this propaganda and they grind it out

1608
01:33:30,680 --> 01:33:32,119
and it appears in all the papers.

1609
01:33:32,239 --> 01:33:34,880
Speaker 8: Just remember the big secret operation of bringing up the

1610
01:33:34,960 --> 01:33:37,359
plane that they did, this whole Kennedy thing with a

1611
01:33:37,399 --> 01:33:38,159
big boat out there.

1612
01:33:38,199 --> 01:33:40,239
Speaker 6: You couldn't get too closed those but they wouldn't.

1613
01:33:39,920 --> 01:33:41,760
Speaker 1: Name the tar Oh, no, top secret.

1614
01:33:42,159 --> 01:33:44,199
Speaker 6: Oh he's sitting right in the you know, his his

1615
01:33:44,319 --> 01:33:46,239
head was against the window, the whole front of it.

1616
01:33:46,279 --> 01:33:48,319
Speaker 8: But was just the the plane was just perfect, and

1617
01:33:48,399 --> 01:33:49,920
he was just laying there against the window at the

1618
01:33:49,920 --> 01:33:52,760
bottom of the ocean. But then they showed the U

1619
01:33:52,920 --> 01:33:55,560
about a week ago, they showed this destroyed planes.

1620
01:33:55,640 --> 01:33:57,760
Speaker 6: It look like it's absolutely nothing but just.

1621
01:33:58,399 --> 01:34:00,199
Speaker 1: A a a bunch of rat Oh.

1622
01:34:00,279 --> 01:34:02,520
Speaker 8: Yeah, all of a sudden it went from here everything

1623
01:34:02,560 --> 01:34:05,119
He's a perfect thing, just the tails the same. Yeah,

1624
01:34:05,159 --> 01:34:08,119
I city you had perfectly dead and beautiful to this

1625
01:34:08,239 --> 01:34:09,800
thing has been completely destroyed.

1626
01:34:09,840 --> 01:34:12,520
Speaker 6: And nobody even remembered that. That's what we saw that

1627
01:34:12,640 --> 01:34:14,000
September was all that crap.

1628
01:34:14,640 --> 01:34:17,399
Speaker 4: Well, I have uh heard from various people that the

1629
01:34:17,560 --> 01:34:20,279
plane that they finally wound up with wasn't Kennedy's plane

1630
01:34:20,279 --> 01:34:23,439
at all, which is probably true. That's the way they

1631
01:34:23,520 --> 01:34:26,600
do things. Yeah, everything they do it the same way. Well,

1632
01:34:26,680 --> 01:34:28,520
I have a print in Martha's Vineyard. I'll be going

1633
01:34:28,560 --> 01:34:32,359
there next month, and he sent me a clipping when

1634
01:34:32,439 --> 01:34:37,920
they Kennedy uh crash occurred. The Vineyard Gazette, which one

1635
01:34:37,920 --> 01:34:41,640
of the two newspapers on uh Martha's Vineyard, printed a

1636
01:34:41,880 --> 01:34:44,920
uh interview with one of the summer residents, a lawyer

1637
01:34:45,000 --> 01:34:49,119
from Cincinnati, who said he was out in his yard

1638
01:34:49,199 --> 01:34:53,920
working and uh he saw this plane and uh uh

1639
01:34:54,079 --> 01:34:57,399
he saw an explosion and heard the explosion, and they

1640
01:34:57,520 --> 01:35:00,600
printed his complete interview in the vine You said, it

1641
01:35:01,199 --> 01:35:03,920
was never picked up by any newspaper in the world.

1642
01:35:04,359 --> 01:35:07,760
Here is a eye witness to the Kennedy christ and

1643
01:35:08,039 --> 01:35:11,159
uh uh not one paper would touch it. And of

1644
01:35:11,199 --> 01:35:13,800
course this man, uh you never heard of him again.

1645
01:35:13,920 --> 01:35:16,000
Whatever happened to him, I don't know, but that was

1646
01:35:16,039 --> 01:35:18,279
actually printed in the violent paper.

1647
01:35:19,680 --> 01:35:22,039
Speaker 1: Yeah. Well, now you saw the article on that. Yeah.

1648
01:35:22,159 --> 01:35:23,840
Speaker 4: Yeah, I've got the interview at home. I've got the

1649
01:35:23,960 --> 01:35:27,840
complete article from the Vineyard Gazette. Fishing, Yeah, fishing and

1650
01:35:28,039 --> 01:35:31,600
uh I uh heard an explosion and looked up and

1651
01:35:31,680 --> 01:35:32,760
there was this explosion.

1652
01:35:32,840 --> 01:35:33,000
Speaker 1: Yes.

1653
01:35:33,319 --> 01:35:35,800
Speaker 5: Did you ever know of Congressman Larry McDonald? He was

1654
01:35:35,840 --> 01:35:37,039
the Ron Paul of his day.

1655
01:35:37,479 --> 01:35:39,399
Speaker 1: No Ah, he was a little before my time.

1656
01:35:39,760 --> 01:35:40,640
Speaker 5: Yeah, well he was.

1657
01:35:40,800 --> 01:35:46,359
Speaker 3: Uh. You know everybody remembers KL flight double seven.

1658
01:35:46,560 --> 01:35:52,119
Speaker 5: Oh oh yes, uh September one, uh, nineteen eighty.

1659
01:35:52,039 --> 01:35:53,600
Speaker 1: Three, uh huh and uh.

1660
01:35:54,439 --> 01:35:56,960
Speaker 3: The first news reports the newspaper I got on the

1661
01:35:57,039 --> 01:36:00,000
front said that the plane was down. They were negotiating

1662
01:36:00,279 --> 01:36:02,920
for the release of hostages at Sacklin Island, right.

1663
01:36:03,079 --> 01:36:04,079
Speaker 1: I turned on the TV.

1664
01:36:04,720 --> 01:36:08,439
Speaker 3: Thirty seconds later later they said that the plane was down.

1665
01:36:08,479 --> 01:36:13,920
There are no survivors. Oh yes, those people all maybe

1666
01:36:14,000 --> 01:36:16,359
with the exceptional couple of them, were put into Soviet

1667
01:36:16,439 --> 01:36:18,840
prisoners back through the Soviet underground.

1668
01:36:19,000 --> 01:36:21,239
Speaker 5: Lara McDonald was seen.

1669
01:36:21,399 --> 01:36:24,520
Speaker 4: Was seen, okay, And I always thought it would be

1670
01:36:24,640 --> 01:36:26,800
like Capricorn one if he could escape.

1671
01:36:27,199 --> 01:36:29,520
Speaker 5: Yeah, the boy would really would have blown things. I

1672
01:36:29,640 --> 01:36:31,159
prayed for that for a long time.

1673
01:36:31,680 --> 01:36:33,760
Speaker 4: Well, I'm I'm sure they made sure he wouldn't escape.

1674
01:36:33,800 --> 01:36:35,640
But no, I've heard those stories too about they're all

1675
01:36:35,960 --> 01:36:39,479
held prisoner, but you see they can't let them go, Yeah,

1676
01:36:39,520 --> 01:36:41,319
because it would blow the whole thing. Ye, It's just

1677
01:36:41,439 --> 01:36:42,760
like when I was in the Air Force in World

1678
01:36:42,760 --> 01:36:47,479
War two. Uh we developed a system where the planes

1679
01:36:47,560 --> 01:36:50,840
could fly from England and bomb Germany and they didn't

1680
01:36:50,840 --> 01:36:53,399
have enough gas to return, so they would continue on

1681
01:36:54,000 --> 01:36:56,840
and land in Russia. Well, all the ones that landed

1682
01:36:56,880 --> 01:37:01,119
in Russia, our loyal ally Stalin put him in prison

1683
01:37:01,239 --> 01:37:04,800
camps because the system in Russia was you could never

1684
01:37:04,840 --> 01:37:08,640
allow anybody from another country to come into Russia. If

1685
01:37:08,680 --> 01:37:11,119
they did, they weren't. They were never allowed to leave

1686
01:37:11,720 --> 01:37:14,119
because they'd tell people what they saw there. How horrible

1687
01:37:14,159 --> 01:37:17,920
the conditions were, and how unpopular the government was, and

1688
01:37:18,119 --> 01:37:20,920
so they were all in prison and never heard from again,

1689
01:37:21,600 --> 01:37:26,000
not one word from our military commanders who knew that

1690
01:37:26,159 --> 01:37:29,439
the crews were being in prison in Soviet camps, and

1691
01:37:29,640 --> 01:37:31,279
to this day not one of them never opened the

1692
01:37:31,359 --> 01:37:31,880
mouth about it.

1693
01:37:32,600 --> 01:37:34,560
Speaker 5: How about Operation keel Hall, Oh.

1694
01:37:34,600 --> 01:37:37,600
Speaker 1: Kiel Hall was the most tragic thing of all. And

1695
01:37:40,319 --> 01:37:40,880
well there was a.

1696
01:37:42,920 --> 01:37:45,439
Speaker 4: Uh he well, I think a Hungary and Jew and

1697
01:37:45,479 --> 01:37:48,840
he became he uh became a fish, an officer in

1698
01:37:48,920 --> 01:37:51,520
a British army, and he was one of the principal

1699
01:37:51,560 --> 01:37:52,359
overseers of that.

1700
01:37:53,079 --> 01:37:55,039
Speaker 1: I think his name was Low And.

1701
01:37:56,560 --> 01:38:00,880
Speaker 4: So years later the story was uh in England about

1702
01:38:00,920 --> 01:38:06,479
how he oversaw Operation kill Hall, which was all true,

1703
01:38:07,119 --> 01:38:10,000
but he sued for libel and got an enormous judgment

1704
01:38:10,199 --> 01:38:12,279
against the people who said this, you know.

1705
01:38:13,479 --> 01:38:14,279
Speaker 6: What you've been talking at?

1706
01:38:14,359 --> 01:38:15,079
Speaker 1: What do you think?

1707
01:38:15,880 --> 01:38:19,079
Speaker 4: Well, you say a lot of Russians were so relieved

1708
01:38:19,520 --> 01:38:22,560
when the German army came into Russia. After all, they

1709
01:38:22,560 --> 01:38:26,239
had been living under a terrible dictatorship, and so they

1710
01:38:26,319 --> 01:38:34,039
immediately the soldiers surrendered without fighting, and so they agreed

1711
01:38:34,079 --> 01:38:37,319
to join Instead of becoming prisoners, they agreed to join

1712
01:38:37,359 --> 01:38:40,359
the German Army and become a large force of the

1713
01:38:40,439 --> 01:38:43,640
German Army, which they did, and they were led by

1714
01:38:43,760 --> 01:38:49,000
General of Bleskov, who became one of the biggest division

1715
01:38:49,079 --> 01:38:54,680
commanders of the German Army. So, of course, when the

1716
01:38:54,760 --> 01:38:59,279
war ended and they all surrendered, the Bleskov of Legion

1717
01:38:59,359 --> 01:39:03,560
as it was called, all the former Russian soldiers were

1718
01:39:03,720 --> 01:39:10,840
segregated and were turned over to the Soviet authorities. And

1719
01:39:11,760 --> 01:39:14,720
many of them knew what was going to happen, and

1720
01:39:14,880 --> 01:39:16,960
they tried to commit suicide.

1721
01:39:17,000 --> 01:39:17,880
Speaker 1: They had no weapons.

1722
01:39:18,640 --> 01:39:21,279
Speaker 4: Well, they did what they did commit many of them, oh,

1723
01:39:21,319 --> 01:39:23,720
many of them did commit suicide, even though the weapons

1724
01:39:23,760 --> 01:39:27,319
have been confiscated. They stabbed themselves, They did all sorts

1725
01:39:27,359 --> 01:39:31,159
of things, and sometimes they didn't have their weapons, and

1726
01:39:32,000 --> 01:39:33,680
so it was only a partial thing. And they were

1727
01:39:33,720 --> 01:39:37,479
all dragged away to the Soviet Union. Of course they

1728
01:39:37,520 --> 01:39:38,600
were all killed.

1729
01:39:39,199 --> 01:39:41,840
Speaker 5: This was under the direction of Dwight David Eisenhower.

1730
01:39:41,920 --> 01:39:45,439
Speaker 4: Oh, Eisenhower agreed, yes, that these traders should be returned

1731
01:39:45,479 --> 01:39:48,680
to Russia, to our loyal allies. No, it was one

1732
01:39:48,680 --> 01:39:50,880
of the greatest trosties of World War two. Today it's

1733
01:39:50,880 --> 01:39:53,880
almost entirely forgotten. There were books published about it. There

1734
01:39:53,920 --> 01:39:58,119
are three books published about it, Operation Keel Hole, and

1735
01:39:58,279 --> 01:40:02,119
the story came out again later when uh Harold McMillan

1736
01:40:02,520 --> 01:40:05,840
became Prime Minister of Great Britain and he was the

1737
01:40:06,319 --> 01:40:11,039
British officer in charge of this whole thing. And so

1738
01:40:11,439 --> 01:40:15,399
uh I think that he i uh employed the standard

1739
01:40:15,479 --> 01:40:19,479
excuse he was merely following orders. Well, actually Eisenhower at

1740
01:40:19,520 --> 01:40:22,760
g who of course was his superior, had approved the

1741
01:40:22,880 --> 01:40:25,720
turning over of the prisoners to Soviet Union.

1742
01:40:26,520 --> 01:40:27,680
Speaker 1: And uh they were all killed.

1743
01:40:28,279 --> 01:40:29,000
Speaker 6: But there's something u.

1744
01:40:29,159 --> 01:40:32,119
Speaker 8: Uh very nasty, some another thing that happened with Eisenhower,

1745
01:40:32,439 --> 01:40:34,319
and that's that he had these big camps set up

1746
01:40:34,319 --> 01:40:35,600
when they took all the German.

1747
01:40:35,399 --> 01:40:37,840
Speaker 6: Soldiers that were left over from the war, put him.

1748
01:40:37,760 --> 01:40:40,279
Speaker 8: In the camps where they died with no food, no

1749
01:40:40,600 --> 01:40:43,880
no protection from the elements, and no medicine. And they

1750
01:40:44,000 --> 01:40:47,640
just died in beeps and these big open prisons with

1751
01:40:48,079 --> 01:40:50,479
I mean supposedly these were prisoners of war.

1752
01:40:50,880 --> 01:40:52,239
Speaker 1: Oh yes, Geneva Convention.

1753
01:40:52,560 --> 01:40:55,520
Speaker 6: Yeah, they just left them there to die by the thousands.

1754
01:40:55,680 --> 01:40:57,720
Speaker 1: Oh, there's there's a book out of that that it

1755
01:40:57,800 --> 01:40:58,920
was written by a Canadian.

1756
01:40:59,000 --> 01:40:59,720
Speaker 5: I did losses.

1757
01:41:00,000 --> 01:41:03,560
Speaker 1: Oh yeah, Uh. Other losses. Yeah, that's a good book. Yeah.

1758
01:41:04,199 --> 01:41:07,239
Speaker 4: And uh, the guy who wrote this was not pro

1759
01:41:07,399 --> 01:41:10,600
German or anything. Uh, he just heard about it and

1760
01:41:10,760 --> 01:41:12,920
SU started looking into it and he was appolled. He

1761
01:41:12,920 --> 01:41:15,119
went ahead wrote the book, and of course it had

1762
01:41:15,199 --> 01:41:20,720
a very small sale because, uh it was dismissed as

1763
01:41:20,840 --> 01:41:27,600
a pro Nazi propaganda And even Senator Joe McCarthy who

1764
01:41:27,720 --> 01:41:30,560
tried to defend some of the people who were being

1765
01:41:30,640 --> 01:41:35,079
arrested and tortured in Germany, these s soldiers, uh, cause

1766
01:41:35,119 --> 01:41:37,399
many of them had relatives in Milwaukee, which was his

1767
01:41:37,560 --> 01:41:42,600
district he represented Wisconsin, and so he went on the

1768
01:41:42,840 --> 01:41:46,800
uh uh floor of the Senate and described some of

1769
01:41:46,840 --> 01:41:49,840
the personal stories that the relatives told him about how

1770
01:41:50,000 --> 01:41:54,439
these men were being tortured, and he was immediately denounced

1771
01:41:54,479 --> 01:41:58,079
as a Nazi apologist. Yeah, and I think that was

1772
01:41:58,159 --> 01:42:00,640
one that was the beginning of the turning tide against

1773
01:42:00,680 --> 01:42:06,159
Joe McCarthy with that initial condemnation as a Nazi sympathizer.

1774
01:42:06,800 --> 01:42:08,560
Speaker 1: Uh, it was all downhill from there.

1775
01:42:08,680 --> 01:42:08,760
Speaker 8: Ye.

1776
01:42:10,439 --> 01:42:14,520
Speaker 3: Would you care to comment about, uh, the power structure

1777
01:42:14,560 --> 01:42:17,479
and how they they line people up once they get

1778
01:42:17,520 --> 01:42:20,159
in the system so they don't get out.

1779
01:42:20,680 --> 01:42:22,640
Speaker 5: In other words you. You're rewarded as long as you

1780
01:42:22,720 --> 01:42:25,199
played the game. There was a movie called The Brotherhood

1781
01:42:25,199 --> 01:42:26,279
of the Bell with Glenn Oh.

1782
01:42:26,279 --> 01:42:29,920
Speaker 4: I remember that movie which is never sewn on television today. Never,

1783
01:42:30,279 --> 01:42:30,960
You'll never see it.

1784
01:42:31,079 --> 01:42:31,720
Speaker 5: You won't find it.

1785
01:42:31,840 --> 01:42:34,239
Speaker 3: Well, Nactually it was a privately I thought I thought

1786
01:42:34,239 --> 01:42:36,319
it was a commercially made movie, but it wasn't.

1787
01:42:36,319 --> 01:42:39,560
Speaker 5: It was a made for movie TV thing, and you

1788
01:42:39,640 --> 01:42:42,199
won't find it now. They're just the copies that you're

1789
01:42:42,239 --> 01:42:46,720
taken off the TV. What's the name, Brotherhood of the Bell?

1790
01:42:47,600 --> 01:42:47,920
Speaker 8: The Bell?

1791
01:42:48,279 --> 01:42:50,119
Speaker 4: Yeah, brother of the Bell. Now you think you can

1792
01:42:50,159 --> 01:42:52,640
buy any movie in this country that you want to see.

1793
01:42:52,680 --> 01:42:55,199
You got the thousands of video stories, but you cannot

1794
01:42:55,239 --> 01:42:55,840
buy that movie.

1795
01:42:56,439 --> 01:42:56,560
Speaker 1: Uh.

1796
01:42:56,640 --> 01:42:59,479
Speaker 4: I know Glenn Ford's son Peter Ford, who has a

1797
01:42:59,680 --> 01:43:06,000
uh talk show in Hollywood, And so Peter was gonna

1798
01:43:06,000 --> 01:43:08,600
have me on his talk show and people warned him

1799
01:43:08,600 --> 01:43:09,600
I was too controversial.

1800
01:43:09,680 --> 01:43:11,920
Speaker 1: So he never did that. He's friendly to me, but

1801
01:43:12,039 --> 01:43:13,640
he never has had me on his show. Art Bell

1802
01:43:13,720 --> 01:43:14,399
did the same thing.

1803
01:43:14,880 --> 01:43:19,159
Speaker 4: So a lot of these talk show hosts, Uh, when

1804
01:43:19,199 --> 01:43:20,960
they hear that I'm gonna be on, they come under

1805
01:43:21,039 --> 01:43:24,760
so much pressure. Yeah, and they tell him well, that's

1806
01:43:24,800 --> 01:43:28,359
your program or Eustace, which do you want? So they

1807
01:43:28,479 --> 01:43:30,880
choose the program they have. That's the only charge that

1808
01:43:31,000 --> 01:43:31,439
got yes.

1809
01:43:31,760 --> 01:43:32,800
Speaker 6: Tell us about Winco.

1810
01:43:34,119 --> 01:43:37,560
Speaker 4: Oh, Winco was a training exercise for the army actually,

1811
01:43:38,199 --> 01:43:39,920
and Koresh was set up all the way.

1812
01:43:40,159 --> 01:43:40,239
Speaker 6: Uh.

1813
01:43:40,880 --> 01:43:43,439
Speaker 4: I think what happened was they stored some weapons there

1814
01:43:43,920 --> 01:43:46,600
under some pretext or other. And he said, sure, I

1815
01:43:46,680 --> 01:43:48,439
got plenty of room put him down there. Maybe they

1816
01:43:48,560 --> 01:43:50,840
paid him they probably maybe they paid him three hundred

1817
01:43:50,880 --> 01:43:55,439
a month or something for storage. So uh then they

1818
01:43:55,479 --> 01:43:57,439
said they set up this thing that they were going

1819
01:43:57,600 --> 01:44:01,000
to uh uh raid him for these weapons.

1820
01:44:01,079 --> 01:44:01,239
Speaker 8: You know.

1821
01:44:01,479 --> 01:44:04,399
Speaker 1: It was part of the gun grab uh lobby is

1822
01:44:04,439 --> 01:44:04,840
what it was.

1823
01:44:05,119 --> 01:44:05,159
Speaker 10: Go.

1824
01:44:05,399 --> 01:44:08,199
Speaker 6: The weapons were stolen by the massa were stolen by

1825
01:44:08,239 --> 01:44:11,159
the macade from the armories all across the United States.

1826
01:44:11,359 --> 01:44:12,159
Speaker 1: Oh that's what they were.

1827
01:44:12,279 --> 01:44:14,159
Speaker 6: And then he he said that if you don't keep

1828
01:44:14,199 --> 01:44:16,880
paying me, I might have to mention where these weapons

1829
01:44:16,960 --> 01:44:17,399
came from.

1830
01:44:17,520 --> 01:44:19,680
Speaker 1: Oh yes, uh huh oh they were the boom Oh sure,

1831
01:44:20,520 --> 01:44:22,039
uh huh So it was a massade up.

1832
01:44:22,199 --> 01:44:24,640
Speaker 4: Well, I knew how along that Waco was a macade operation,

1833
01:44:25,199 --> 01:44:27,800
but I didn't realize there were mas Uh the bsad's weapons.

1834
01:44:27,920 --> 01:44:30,720
Speaker 5: The weapons were from work stolen from the armories.

1835
01:44:30,399 --> 01:44:33,920
Speaker 4: All across the United States by Israeli intelligence Mozad. Oh,

1836
01:44:34,159 --> 01:44:36,039
that's the that's the arm of the Uh. That was

1837
01:44:36,079 --> 01:44:38,880
the beginning of Yeah, there's a book exposing a massade

1838
01:44:39,000 --> 01:44:42,039
called by Way of Deception by one of their former agents,

1839
01:44:42,840 --> 01:44:45,920
and they claimed to have a million dollar He lived

1840
01:44:45,960 --> 01:44:49,560
in Canada and uh, so Lti Patterson I wrote for

1841
01:44:50,560 --> 01:44:52,760
was going to have him come and speak at a

1842
01:44:52,800 --> 01:44:57,039
meeting there that I was speaking at. And so they

1843
01:44:57,119 --> 01:45:00,880
told him in Canada that uh, if he left Canada

1844
01:45:01,520 --> 01:45:03,920
that he would not be allowed back, so he'd be

1845
01:45:04,119 --> 01:45:06,279
stuck in the United States or go somewhere else.

1846
01:45:06,680 --> 01:45:07,119
Speaker 1: So he did.

1847
01:45:07,239 --> 01:45:09,560
Speaker 4: He never came to the meeting, and they claimed the

1848
01:45:09,640 --> 01:45:12,439
Massade had a million dollar contract onught him. He's never

1849
01:45:13,279 --> 01:45:15,279
uh been harmed and he's made quite a lot of

1850
01:45:15,319 --> 01:45:16,960
money out of his book, which has gone.

1851
01:45:16,760 --> 01:45:20,439
Speaker 1: Through several editions. So, uh yeah, I heard him lecture.

1852
01:45:20,479 --> 01:45:24,079
Speaker 4: Finally he came to Washington lecture and it was a

1853
01:45:24,119 --> 01:45:28,279
pretty standard story his training as a Massad agent's and

1854
01:45:28,439 --> 01:45:31,760
how they're trained to be totally ruthless and when they're

1855
01:45:31,800 --> 01:45:33,479
told to kill somebody they have to kill 'em, and

1856
01:45:33,560 --> 01:45:33,760
they do.

1857
01:45:34,439 --> 01:45:34,560
Speaker 1: Uh.

1858
01:45:34,600 --> 01:45:37,880
Speaker 4: They're they're really all assassins. They're trained as assassins. They

1859
01:45:37,920 --> 01:45:41,760
don't always uh assassinate people, but that's part of their duties.

1860
01:45:41,800 --> 01:45:43,279
If they're asked to do it, they have to do it.

1861
01:45:44,119 --> 01:45:48,319
And uh, the Almossade is considered the most feared intelligence

1862
01:45:48,520 --> 01:45:49,560
organization in the world.

1863
01:45:51,279 --> 01:45:53,640
Speaker 5: Uh, what do you know about uh Oklahoma City?

1864
01:45:54,479 --> 01:45:58,800
Speaker 4: Well, Uh, I was quoted on the editorial page of

1865
01:45:58,840 --> 01:46:01,319
the New York Times after the at that uh the

1866
01:46:01,399 --> 01:46:04,600
Alkoholma City bombing was a standard government operation.

1867
01:46:05,760 --> 01:46:08,640
Speaker 1: They quoted me, and they never denied it. Uh what

1868
01:46:08,800 --> 01:46:09,199
I said.

1869
01:46:09,600 --> 01:46:11,720
Speaker 4: You would say, think that they would follow that up

1870
01:46:11,800 --> 01:46:14,239
and not saying well this is typical of useless malags

1871
01:46:14,319 --> 01:46:14,800
or something like that.

1872
01:46:15,000 --> 01:46:15,399
Speaker 1: They didn't.

1873
01:46:15,399 --> 01:46:18,119
Speaker 4: They just printed my statement and uh with no comment.

1874
01:46:18,600 --> 01:46:22,680
And then uh read Beckmann, a friend of mine from Montana. Yeah,

1875
01:46:22,840 --> 01:46:27,159
he was interviewed about it immediately and uh so uh

1876
01:46:27,399 --> 01:46:29,640
the Wall Street Journal interviewed him and they quoted him

1877
01:46:29,680 --> 01:46:30,520
on the front page.

1878
01:46:30,760 --> 01:46:30,880
Speaker 1: Uh.

1879
01:46:31,560 --> 01:46:34,520
Speaker 4: Uh he said, well, anyone who know who's familiar with

1880
01:46:34,680 --> 01:46:36,880
this kind of thing knows that it's a government operation.

1881
01:46:37,640 --> 01:46:41,359
And so they printed uh red story and the New

1882
01:46:41,439 --> 01:46:43,600
York Times printed mine and there were other comments, and

1883
01:46:43,680 --> 01:46:47,399
of course I talked about it on talk shows and uh,

1884
01:46:48,079 --> 01:46:51,199
as I say, no one ever challenged these statements at

1885
01:46:51,239 --> 01:46:53,079
all to this day, cause the.

1886
01:46:53,159 --> 01:46:55,720
Speaker 6: Chiefer stupid and they don't even up paying attention.

1887
01:46:55,840 --> 01:46:58,319
Speaker 8: If you say the government operation, think he had the

1888
01:46:58,319 --> 01:46:59,319
government queen the book.

1889
01:46:59,680 --> 01:47:03,399
Speaker 4: Yeah, well I meant it was a total standard managed

1890
01:47:03,439 --> 01:47:07,119
government operation, the way they do everything. And uh no,

1891
01:47:07,239 --> 01:47:11,920
Olkahoma City was necessary because uh, the terrorism bill was

1892
01:47:11,960 --> 01:47:16,520
stalled and they had to get it through, right, so yeah,

1893
01:47:16,600 --> 01:47:19,039
passed two days later. Yeah, because that was it was

1894
01:47:19,079 --> 01:47:22,319
absolutely stalled in Congress. Right, nobody in Congress cared about

1895
01:47:22,359 --> 01:47:24,960
the terrorism bill. There was no reason for it, and

1896
01:47:25,119 --> 01:47:27,920
so they had to engineer this y and uh they

1897
01:47:28,000 --> 01:47:30,760
did it, and uh they've done so many things like that,

1898
01:47:31,520 --> 01:47:34,920
and uh, well there were people in Oklahoma City who

1899
01:47:35,000 --> 01:47:38,359
had families that were victimized by this uh uh, by

1900
01:47:38,439 --> 01:47:40,279
this monster Timothy McVeigh.

1901
01:47:40,359 --> 01:47:45,199
Speaker 1: You know, Oh well they demonized you. You know, Oh yeah, it's.

1902
01:47:45,039 --> 01:47:47,239
Speaker 6: Got Chippy doesn't even have a clue what happened. Yeah,

1903
01:47:47,319 --> 01:47:49,199
And all he did was drive around without a plate

1904
01:47:49,279 --> 01:47:49,680
on his car.

1905
01:47:49,720 --> 01:47:51,520
Speaker 4: And then everything you always did slam or charged with

1906
01:47:51,600 --> 01:47:54,840
all the well that becomes a capital offense apparently. But

1907
01:47:55,199 --> 01:47:57,920
uh now the uh the these things happened like this,

1908
01:47:58,199 --> 01:48:01,079
and uh uh well they demons people, you see. After

1909
01:48:01,159 --> 01:48:05,199
the Wacol, I call it the Waco Holocaust. And uh oh,

1910
01:48:05,760 --> 01:48:09,800
I'm always they always say used to Small's assistant on

1911
01:48:09,840 --> 01:48:12,359
calling it the Waco Holocaust. It makes them furious, but

1912
01:48:12,760 --> 01:48:15,199
they can't do anything about it, that it is a holocaust.

1913
01:48:15,399 --> 01:48:19,760
So uh see, their contention is there's only one holocaust

1914
01:48:19,800 --> 01:48:22,079
to one in Germany, and you're not allowed to use

1915
01:48:22,159 --> 01:48:25,039
that anywhere else. Well, I use it wherever they massacre

1916
01:48:25,159 --> 01:48:27,680
women and children at, which they did at Waco.

1917
01:48:29,439 --> 01:48:30,319
Speaker 1: And so uh.

1918
01:48:32,720 --> 01:48:36,439
Speaker 4: This I I point out that, uh even the Nazis,

1919
01:48:36,560 --> 01:48:38,560
as far as I know, never heard it an entire

1920
01:48:38,960 --> 01:48:41,800
Christian congregation of the church and burn them alive, right,

1921
01:48:42,000 --> 01:48:45,359
and uh which happened at Waco. So but you know,

1922
01:48:46,199 --> 01:48:49,000
not a so called Christian minister in the United States

1923
01:48:49,399 --> 01:48:53,039
would open their mouth about Waco. It's the strangest thing

1924
01:48:53,119 --> 01:48:57,000
you were thought to had been one independent minister somewhere

1925
01:48:57,479 --> 01:48:59,960
that would say, well, look, uh, we shouldn't be burnt

1926
01:49:00,600 --> 01:49:04,760
congregations alive in their churches, because after all, that guy

1927
01:49:04,840 --> 01:49:07,479
has a congregation. Also, maybe he would be next, who

1928
01:49:07,560 --> 01:49:10,960
knows so, But they let that pass without a comment,

1929
01:49:12,760 --> 01:49:15,600
losing their tax credit, all the tax credit.

1930
01:49:17,800 --> 01:49:21,560
Speaker 1: Oh yes, go ahead, we'll take a pause for tape. James.

1931
01:49:26,960 --> 01:49:29,319
Speaker 3: You know all that's been done. It's one of Bill

1932
01:49:29,399 --> 01:49:33,159
Clinton's mentors, the tragedy and hope the book might be good.

1933
01:49:33,359 --> 01:49:35,359
Speaker 1: Oh Carol quickly, Yeah, I know the book.

1934
01:49:35,479 --> 01:49:38,199
Speaker 3: Yeah, yeah, you know, and it wasn't that they come

1935
01:49:38,279 --> 01:49:40,079
up with a second edition. He might want to comment

1936
01:49:40,119 --> 01:49:41,800
about it because he just spilled the whole beams of

1937
01:49:41,840 --> 01:49:43,159
what the whole game plan was.

1938
01:49:43,560 --> 01:49:46,239
Speaker 1: Well mentor, Oh he certainly was.

1939
01:49:46,399 --> 01:49:49,199
Speaker 5: In fact, Bill Clinton mentioned him and he's what exception speech.

1940
01:49:49,239 --> 01:49:49,640
I think it.

1941
01:49:50,000 --> 01:49:50,359
Speaker 1: I believe it.

1942
01:49:50,600 --> 01:49:53,840
Speaker 4: Oh he did, Yes, he certainly did. I spoke up

1943
01:49:53,840 --> 01:49:56,600
between the radio talk show that I told you it

1944
01:49:56,720 --> 01:49:59,079
was canceled on me. That was the Twin Balls. It

1945
01:49:59,239 --> 01:50:02,960
was a young guy that was in ninety two during

1946
01:50:03,039 --> 01:50:03,439
the Uh.

1947
01:50:04,479 --> 01:50:09,319
Speaker 5: Yeah, well his his boss, I mean they're really weedy.

1948
01:50:09,680 --> 01:50:11,800
Speaker 4: Well this guy was green. I mean he was a kid.

1949
01:50:11,920 --> 01:50:13,840
He sounded like he was about twenty years old. Yeah,

1950
01:50:14,920 --> 01:50:16,319
he's gone to Saint George, Utah.

1951
01:50:16,479 --> 01:50:20,119
Speaker 1: But I don't haven't so oh you know about even then? Yeah, yeah,

1952
01:50:20,159 --> 01:50:24,720
he cut me off. Oh okay, well, and the only.

1953
01:50:24,640 --> 01:50:27,239
Speaker 5: Reason he cut him off is because I'm sure he

1954
01:50:27,279 --> 01:50:28,199
wouldn't have cut you off.

1955
01:50:28,640 --> 01:50:31,720
Speaker 4: No, no, somebody told him to stop this guy right now. No,

1956
01:50:32,039 --> 01:50:33,680
he may not even have pulled the switch, and could

1957
01:50:33,680 --> 01:50:36,079
have been somebody else because they've cut.

1958
01:50:36,000 --> 01:50:39,479
Speaker 3: All they've cut all the talk talk shows off in

1959
01:50:39,520 --> 01:50:40,000
that station.

1960
01:50:40,159 --> 01:50:43,600
Speaker 4: Now, well, talk shows have been cut to cut down everywhere,

1961
01:50:43,920 --> 01:50:46,039
but people start new ones, you know, because.

1962
01:50:45,760 --> 01:50:48,640
Speaker 3: See they were they're getting under pressure to get re licensed.

1963
01:50:48,880 --> 01:50:54,039
Oh well yeah, renew Oh yeah, oh they got a lot,

1964
01:50:55,079 --> 01:50:59,079
they absolutely they haven't. You know, they got four four

1965
01:50:59,199 --> 01:51:02,760
radio station there were in the Magic Valley and could

1966
01:51:02,800 --> 01:51:03,600
do so much good.

1967
01:51:04,119 --> 01:51:05,960
Speaker 5: They have one hour left.

1968
01:51:07,439 --> 01:51:14,319
Speaker 4: One hour's seance. See Tom Donahue came up there and uh,

1969
01:51:15,239 --> 01:51:19,880
I think about nineteen eighty eight and started a talk

1970
01:51:19,960 --> 01:51:22,439
program and he did real well. He was under a

1971
01:51:22,479 --> 01:51:26,640
lot of restrictions because the press senator at that time

1972
01:51:27,159 --> 01:51:30,680
from Ido Tom interviewed him and he tried to have

1973
01:51:30,760 --> 01:51:37,199
Tom taken off there he retired himself no longer. All right, yes,

1974
01:51:39,239 --> 01:51:41,520
all right, we'll resume our meeting now. We haven't got

1975
01:51:41,560 --> 01:51:47,039
too much time to left, so we will continue our

1976
01:51:47,600 --> 01:51:53,079
question program and we'll get ready for the grand wind

1977
01:51:53,199 --> 01:51:53,479
up here.

1978
01:51:54,279 --> 01:51:57,760
Speaker 1: So so I have a question over here. All right,

1979
01:51:58,319 --> 01:51:59,560
this is a two part question.

1980
01:52:00,159 --> 01:52:02,039
Speaker 5: The first part the part is.

1981
01:52:03,600 --> 01:52:06,640
Speaker 11: Where do you see federal user going in the next

1982
01:52:06,680 --> 01:52:08,640
sixty twelve on some second party?

1983
01:52:08,760 --> 01:52:12,439
Speaker 5: Is an Uh, people are throwing around these.

1984
01:52:12,359 --> 01:52:14,880
Speaker 11: Terms national sales tax, flat tax.

1985
01:52:16,880 --> 01:52:18,920
Speaker 5: It it's just all a smoke screen.

1986
01:52:18,760 --> 01:52:21,680
Speaker 4: Or uh most of it's a smoke screen. Ah, nearly

1987
01:52:21,720 --> 01:52:26,680
all these tax uh projections are uh disinformation or smoke

1988
01:52:26,720 --> 01:52:31,560
screen because uh, they're really wallowing such a surplus of

1989
01:52:31,640 --> 01:52:34,680
money right now that they couldn't possibly use any more taxes.

1990
01:52:35,000 --> 01:52:37,520
But that's the last thing they wanna tell you, because

1991
01:52:37,560 --> 01:52:40,760
the minute they mentioned that, uh, everybody's gonna quit paying.

1992
01:52:41,199 --> 01:52:45,319
And so uh they have to continue this illusion that

1993
01:52:45,479 --> 01:52:49,479
the government is depending on your money. And uh, if

1994
01:52:49,520 --> 01:52:52,359
they don't continue to get these taxes for you, everything's

1995
01:52:52,399 --> 01:52:53,079
all shut down.

1996
01:52:53,880 --> 01:52:54,000
Speaker 8: Uh.

1997
01:52:54,119 --> 01:52:57,199
Speaker 4: Everything will close, the libraries, the schools, there will be

1998
01:52:57,279 --> 01:53:00,119
no police on the street, no fire departments. You know,

1999
01:53:01,000 --> 01:53:04,600
they can jure up these horror stories and people panic,

2000
01:53:04,960 --> 01:53:07,039
Oh what are we going to do? No fire department

2001
01:53:07,119 --> 01:53:10,800
the house will burned down, And of course there's absolutely

2002
01:53:10,800 --> 01:53:13,880
no likelihood of any of this, but they got people

2003
01:53:13,960 --> 01:53:17,439
so brainwashed that anything that these people say, no way,

2004
01:53:17,479 --> 01:53:21,479
how ridiculous it is, it has its immediate effect. During

2005
01:53:21,520 --> 01:53:28,159
the Reagan election in nineteen eighty, there was a lady.

2006
01:53:28,399 --> 01:53:32,279
She was a relative, and she was a widow, and

2007
01:53:32,359 --> 01:53:36,760
she was very comfortably off and she almost had a

2008
01:53:36,840 --> 01:53:40,239
total nervous breakdown because the Democrats claimed that if Reagan

2009
01:53:40,319 --> 01:53:43,520
was elected, he would shut down Social Security. And this

2010
01:53:43,680 --> 01:53:47,319
poor lady, she was about seventy years old, and she said,

2011
01:53:47,399 --> 01:53:50,680
they almost wait into total collapse at the horrible prospect.

2012
01:53:50,960 --> 01:53:53,760
And here she was actually very well cushioned. She had

2013
01:53:53,800 --> 01:53:58,600
an ice home, steady income, and most of her Social

2014
01:53:58,640 --> 01:54:00,520
Security checktually put in the bank to give to her

2015
01:54:00,560 --> 01:54:02,880
grandchildren later on a part of her state.

2016
01:54:03,319 --> 01:54:04,399
Speaker 1: But it was just the.

2017
01:54:06,399 --> 01:54:10,600
Speaker 4: She just was so troubled by this that she just

2018
01:54:11,000 --> 01:54:15,039
totally went into collapse. And this way people are so

2019
01:54:15,199 --> 01:54:18,760
conditioned that they think that all of these myths that

2020
01:54:18,880 --> 01:54:22,199
the government turns out. And of course the government went

2021
01:54:22,239 --> 01:54:25,079
into public relations in a big way during the nineteen

2022
01:54:25,119 --> 01:54:29,680
thirties under the Roosevelt administration. You know, Herbert Hoover didn't

2023
01:54:29,680 --> 01:54:33,279
even have a telephone in the White House. And I

2024
01:54:33,319 --> 01:54:37,239
don't think they ever thought of anybody doing public relations

2025
01:54:37,359 --> 01:54:41,239
for government agencies at that time. This all came about

2026
01:54:41,640 --> 01:54:45,079
during the nineteen thirties. And once you set up a

2027
01:54:45,159 --> 01:54:48,920
public relations department, it grows. You start off with one person,

2028
01:54:49,520 --> 01:54:52,239
then they hire a secretary, then they hire a couple

2029
01:54:52,319 --> 01:54:55,640
more people. I had a friend who worked in public

2030
01:54:55,680 --> 01:55:01,520
relations at the Department of Commerce, and I think before

2031
01:55:01,520 --> 01:55:03,520
you knew it, they had a department of but thirty

2032
01:55:03,600 --> 01:55:06,960
or forty people, mostly with nothing to do. But that's

2033
01:55:07,039 --> 01:55:11,039
fine too. You get paid and not do any work. Uh, yes,

2034
01:55:12,199 --> 01:55:12,880
I would worry.

2035
01:55:13,279 --> 01:55:16,239
Speaker 11: Uh you could give us your take on the uh

2036
01:55:16,479 --> 01:55:19,239
constiticial aspect of the Federal Reserve.

2037
01:55:19,279 --> 01:55:20,920
Speaker 5: You didn't really aggress the day or no.

2038
01:55:21,000 --> 01:55:23,119
Speaker 4: I didn't get into that because that's been talked about

2039
01:55:23,159 --> 01:55:25,600
so much before. And of course Article one, section eight

2040
01:55:26,239 --> 01:55:30,079
specifically designates the Congress shall have the power to coin

2041
01:55:30,199 --> 01:55:33,520
money and to regulate weights and measures, all of which

2042
01:55:33,560 --> 01:55:39,079
are now been taken over by other agencies. And because uh,

2043
01:55:39,239 --> 01:55:43,159
Congress had this power, uh, they really did not have

2044
01:55:43,359 --> 01:55:46,960
the authority to delegate it to a private Bank because

2045
01:55:47,000 --> 01:55:49,960
that abrogated the Constitution. And of course the Federal Reserve

2046
01:55:50,039 --> 01:55:53,920
Actor of nineteen thirteen did not repeal any part of

2047
01:55:53,960 --> 01:55:56,399
the Constitution that wasn't part of it and.

2048
01:55:58,199 --> 01:55:59,560
Speaker 1: Uh, but it did.

2049
01:56:01,159 --> 01:56:06,399
Speaker 4: Give a delegated congressional power was delegated to a private agency,

2050
01:56:06,840 --> 01:56:10,399
which ordinarily, when that is done there had to be

2051
01:56:10,479 --> 01:56:15,960
special provisions, made, special licenses, and that they'd be held

2052
01:56:16,000 --> 01:56:17,560
a strict stanateor performance.

2053
01:56:18,119 --> 01:56:19,680
Speaker 1: Well, the Federal Reserve.

2054
01:56:19,560 --> 01:56:26,039
Speaker 4: Act of nineteen thirteen gave the Federal Reserve Board total control,

2055
01:56:26,279 --> 01:56:29,600
no restrictions. The only restriction was they couldn't buy or

2056
01:56:29,680 --> 01:56:32,079
sell the stock because they didn't want invited to buy

2057
01:56:32,119 --> 01:56:37,279
it anyway. And they included in the Federal Reserve Act

2058
01:56:37,319 --> 01:56:42,119
in nineteen thirteen that all all money printed by the

2059
01:56:42,199 --> 01:56:45,880
Federal Reserve, all bonds issued, would be obligations of the

2060
01:56:46,000 --> 01:56:49,560
US government. Well, that meant the US government taxpayers, because

2061
01:56:49,720 --> 01:56:52,279
the US government, of course had no money. So what

2062
01:56:52,399 --> 01:56:57,159
they did the saddled the taxpayers with this enormous burden

2063
01:56:57,960 --> 01:57:01,439
of picking up the bill for all this money that

2064
01:57:01,640 --> 01:57:04,840
the Board of Governors wanted to print. And we've been

2065
01:57:04,840 --> 01:57:05,920
stuck with it ever since.

2066
01:57:07,600 --> 01:57:09,920
Speaker 6: Yes, and the fact is that the Federal Reserve has

2067
01:57:09,960 --> 01:57:10,840
godn't have been audited.

2068
01:57:11,760 --> 01:57:11,880
Speaker 1: Uh.

2069
01:57:12,000 --> 01:57:15,239
Speaker 4: No, Congressman de Zales really went after him to be audited.

2070
01:57:16,039 --> 01:57:21,119
And the reason that they wanted an audit was as

2071
01:57:21,199 --> 01:57:25,039
a stop to the public uh. And the original Federal

2072
01:57:25,039 --> 01:57:30,800
Reserve Act of nineteen thirteen, they included a provision that

2073
01:57:30,960 --> 01:57:33,560
these selfless bankers who were going to run the federals

2074
01:57:33,600 --> 01:57:37,039
air system really didn't want any money. So all the

2075
01:57:37,159 --> 01:57:39,800
profits because of course the profits would be enormous from

2076
01:57:39,840 --> 01:57:43,319
printing your own money, and that all of the profits

2077
01:57:43,600 --> 01:57:48,000
after expenses, uh, with the exception of six percent, would

2078
01:57:48,000 --> 01:57:51,199
be turned over to the Treasury. Well, the treasure had

2079
01:57:51,199 --> 01:57:54,119
been waiting since nineteen thirteen, right, Wow, whether they have

2080
01:57:54,199 --> 01:57:57,479
received any money or not. Someone Uh apparently some token

2081
01:57:57,560 --> 01:58:02,479
sums have been paid, but uh, Gonzales said, well, let's

2082
01:58:02,520 --> 01:58:05,399
see if they're fulfilling this commitment which was part of

2083
01:58:05,439 --> 01:58:08,159
the original act, and if they're not fulfilling it, they

2084
01:58:08,199 --> 01:58:13,119
could shut down the whole thing. So every effort to

2085
01:58:14,600 --> 01:58:19,000
audit the Federal Reserve, the bill going through Congress, I

2086
01:58:19,079 --> 01:58:21,960
think at one time it got up to seventy five congressmen.

2087
01:58:22,520 --> 01:58:24,880
It uh got up to forty five one time, and

2088
01:58:25,000 --> 01:58:27,960
it hung on and got up to fifty and hung

2089
01:58:28,039 --> 01:58:30,760
on and I think finally got up to seventy and

2090
01:58:30,880 --> 01:58:34,000
that's it stopped there and never never went any further.

2091
01:58:34,760 --> 01:58:38,920
So of course it was never passed. And so it

2092
01:58:39,039 --> 01:58:41,720
remains audit well, the the Federal Reserve Banks, which of

2093
01:58:41,800 --> 01:58:45,800
course are twelve different banks, and they are businesses, and

2094
01:58:47,119 --> 01:58:50,279
they are audited by Price Waterhouse and people like that.

2095
01:58:50,760 --> 01:58:50,920
Speaker 6: Right.

2096
01:58:51,159 --> 01:58:54,239
Speaker 4: Uh, but that's standard business audit, you know, with the

2097
01:58:54,840 --> 01:58:59,279
the your standard U income and uh outgo and so forth.

2098
01:58:59,800 --> 01:59:03,560
But apparently there's never any reporting of this supposed money

2099
01:59:04,079 --> 01:59:07,000
paid to the US Treasury, and the US Treasury has

2100
01:59:07,039 --> 01:59:10,159
never complained about it. Uh, they've never said, looks, we

2101
01:59:10,239 --> 01:59:13,079
should be getting more than this pittance, you know, and

2102
01:59:13,720 --> 01:59:16,920
uh of all this uh big trillion dollar operation.

2103
01:59:17,119 --> 01:59:17,279
Speaker 1: Yes.

2104
01:59:17,760 --> 01:59:20,920
Speaker 8: The other thing that happened was before the irs what business,

2105
01:59:21,159 --> 01:59:24,359
all these the corporations took out their foundations that we're

2106
01:59:24,399 --> 01:59:25,640
all going to be taxed exams.

2107
01:59:26,000 --> 01:59:29,159
Speaker 6: So these wheeler dealers that only everything have never paid

2108
01:59:29,159 --> 01:59:30,800
a single candy in taxes.

2109
01:59:30,880 --> 01:59:33,079
Speaker 1: Oh, absolutely not. John doct John John D.

2110
01:59:33,239 --> 01:59:36,600
Speaker 4: Rockfeller led the way with the Rockfeller Foundation and everybody

2111
01:59:36,640 --> 01:59:37,159
got in back.

2112
01:59:37,760 --> 01:59:37,840
Speaker 1: UH.

2113
01:59:38,600 --> 01:59:42,039
Speaker 4: The annual Book of Foundations is an enormous book. It's

2114
01:59:42,119 --> 01:59:44,960
this thick you couldn't wait through it. Every family has

2115
01:59:45,000 --> 01:59:47,600
got a little business in the United States has a

2116
01:59:47,840 --> 01:59:51,479
UH foundation, and of course all it is is tax evasions,

2117
01:59:52,039 --> 01:59:55,159
and they generally book a taxed hire some members of

2118
01:59:55,199 --> 01:59:57,800
the family to run it, you know, and UH it's

2119
01:59:57,840 --> 02:00:02,640
a place where unemployable people can get a job and

2120
02:00:03,720 --> 02:00:05,800
they're hard to do nothing, which is a very pleasant

2121
02:00:05,840 --> 02:00:06,800
life for them.

2122
02:00:07,319 --> 02:00:08,560
Speaker 1: And they run this foundation.

2123
02:00:09,479 --> 02:00:14,520
Speaker 4: And so every year they'll make a few small grants

2124
02:00:14,600 --> 02:00:17,560
to some disabled students or something like that, and they

2125
02:00:17,640 --> 02:00:20,640
get tremendous publicity about this. I mean six or eight

2126
02:00:20,680 --> 02:00:24,279
thousand dollars or something like that. And so you would

2127
02:00:24,279 --> 02:00:28,079
think it's John D. Rockefeller all over again. But it's

2128
02:00:28,119 --> 02:00:32,319
a tremendous trade. It should be closed down because there's

2129
02:00:32,359 --> 02:00:36,399
no question that the original idea of foundations, which was

2130
02:00:36,640 --> 02:00:40,760
to protect the money of the very rich, that it

2131
02:00:40,840 --> 02:00:44,680
should be extended to small businesses throughout the United States.

2132
02:00:45,239 --> 02:00:48,680
But they let them get away with it. Because this

2133
02:00:48,800 --> 02:00:51,960
all provides employment. You have to have lawyers draw up

2134
02:00:52,000 --> 02:00:57,640
the charter of the Foundations. Everybody gets paid and everybody's

2135
02:00:57,680 --> 02:01:01,359
happy with theirs else were ever going to get up? Oh,

2136
02:01:01,399 --> 02:01:03,960
we needed we certainly got to get our pound of flesh. Yesh,

2137
02:01:04,159 --> 02:01:06,760
cause we've we've been uh, we've had to endure this

2138
02:01:06,880 --> 02:01:10,239
for so long. Because I really think that when they

2139
02:01:10,920 --> 02:01:14,479
set up the original Federal Reserve in nineteen thirteen, that

2140
02:01:14,600 --> 02:01:16,640
they probably figured they could only get away with it

2141
02:01:16,720 --> 02:01:19,640
for twenty five or thirty years, and so they would

2142
02:01:19,680 --> 02:01:21,479
clean up during that time and make enough that it

2143
02:01:21,520 --> 02:01:24,680
would make it worthwhile. But I don't think they had

2144
02:01:24,760 --> 02:01:27,760
any idea right that we would sit back and and

2145
02:01:27,920 --> 02:01:31,600
put up with this for uh uh seventy years.

2146
02:01:32,600 --> 02:01:34,359
Speaker 1: Yes, I'm gonna.

2147
02:01:34,159 --> 02:01:35,680
Speaker 5: Play double dad a kid and put them.

2148
02:01:35,560 --> 02:01:37,760
Speaker 1: A voso al right. Uh.

2149
02:01:37,840 --> 02:01:41,119
Speaker 5: The Federal Reserve status as a a prime ory intigator

2150
02:01:41,199 --> 02:01:43,920
and war profits here in the investments that they had

2151
02:01:44,359 --> 02:01:47,560
in extending any yards cosplay to get to World War War,

2152
02:01:47,680 --> 02:01:51,079
War War two and the the theays when we uh Vietnam.

2153
02:01:51,359 --> 02:01:54,039
How's that spere with the brevity of the dolphours.

2154
02:01:55,800 --> 02:01:59,159
Speaker 4: Well, Uh, the Gulf War had to be uh brief

2155
02:01:59,279 --> 02:02:02,560
because didn't have much of an army, and what it

2156
02:02:02,680 --> 02:02:05,000
really was was a testing ground for all of our

2157
02:02:05,119 --> 02:02:07,039
latest military.

2158
02:02:06,960 --> 02:02:08,479
Speaker 1: Smart bombs and so forth.

2159
02:02:08,880 --> 02:02:10,960
Speaker 4: It later came out that I think the scot and

2160
02:02:11,039 --> 02:02:15,000
the Patriot missiles never really worked at all. But during

2161
02:02:15,039 --> 02:02:16,800
the heady days of the war there were all these

2162
02:02:17,159 --> 02:02:20,600
wonderful stories about their triumphs. And I think then about

2163
02:02:21,039 --> 02:02:23,560
six or eight years later they admitted that most of

2164
02:02:23,680 --> 02:02:25,640
them didn't go off, or all of them didn't go off,

2165
02:02:25,680 --> 02:02:30,399
I don't know, But no, it was just a grand campaign.

2166
02:02:30,520 --> 02:02:35,319
Everybody had a wonderful time, except that Schwartzkof and Colin

2167
02:02:35,439 --> 02:02:40,720
Powell were amazed that having this great victory, they didn't

2168
02:02:40,760 --> 02:02:44,840
go in and knock off Saddama Sin, because they of

2169
02:02:44,920 --> 02:02:48,000
course didn't know that Saddama San was George Bush's partner

2170
02:02:48,359 --> 02:02:50,560
and a lot of enterprises, Harkin Oil and so forth,

2171
02:02:51,159 --> 02:02:54,319
and in fact, Saddama's partners in a lot of things.

2172
02:02:55,840 --> 02:02:59,399
He owns part of the Hashet Corporation, a media conglomerate

2173
02:02:59,479 --> 02:03:02,520
in France, which put up twenty five million dollars for

2174
02:03:03,279 --> 02:03:09,079
UH John f u K Junior's magazine George. Because you

2175
02:03:09,159 --> 02:03:11,720
don't know wealthy person who's dumb enough to put his

2176
02:03:11,840 --> 02:03:15,319
own UH money at risk in the publication, they get

2177
02:03:15,319 --> 02:03:18,560
it from somebody else and I I think there was

2178
02:03:18,640 --> 02:03:23,800
some political advantage for Hashet to make this investment in

2179
02:03:23,920 --> 02:03:27,319
the magazine, because the magazine itself was a farce.

2180
02:03:27,159 --> 02:03:29,079
Speaker 1: In the time it started. It was never serious.

2181
02:03:29,560 --> 02:03:31,680
Speaker 4: I mean, they had this silly picture of George Washington

2182
02:03:31,800 --> 02:03:38,840
on the cover and so and uh I think Jeff K.

2183
02:03:39,000 --> 02:03:42,439
Junior was happy he uh had some purpose in life.

2184
02:03:42,600 --> 02:03:45,119
Uh you know, he was in his thirties and never

2185
02:03:45,199 --> 02:03:48,319
had really had a job, so uh uh this would

2186
02:03:48,359 --> 02:03:53,159
make being a publisher you're taken very seriously and uh so,

2187
02:03:53,479 --> 02:03:56,560
uh this gave him instant status in uh New York

2188
02:03:57,239 --> 02:03:59,920
and uh everything went along very well in the magaz

2189
02:04:00,119 --> 02:04:04,720
even it's a total joke, always has been. But uh still,

2190
02:04:05,640 --> 02:04:09,359
after uh he was killed, they uh decided to keep

2191
02:04:09,399 --> 02:04:12,279
it going. I guess enough people are making enough money

2192
02:04:12,319 --> 02:04:14,640
out of running it that they didn't wanna give it up.

2193
02:04:15,079 --> 02:04:18,319
So it's just kind of coasting along because in New

2194
02:04:18,399 --> 02:04:22,680
York you had this ad enormous advertising industry, and I

2195
02:04:22,760 --> 02:04:26,079
think they had enough long term advertising commitments that l

2196
02:04:26,159 --> 02:04:27,640
it probably just go on for years.

2197
02:04:28,760 --> 02:04:35,720
Speaker 1: Yes, you say we have this surplus of money, Oh definitely, yes, yes,

2198
02:04:36,000 --> 02:04:39,319
where is it? And is it real money? Yes? Well,

2199
02:04:39,359 --> 02:04:43,399
it's as real money, and it's uh, well, it's parked

2200
02:04:44,600 --> 02:04:47,840
under various headings.

2201
02:04:47,960 --> 02:04:50,439
Speaker 4: I think a lot of it is parked under unfunded

2202
02:04:50,479 --> 02:04:53,479
obligations and things like that, so that if you were

2203
02:04:54,079 --> 02:04:57,359
uh going through the books, uh you would never uh

2204
02:04:58,079 --> 02:05:01,960
uh realize that this is a surpl But there has

2205
02:05:02,000 --> 02:05:03,880
to be bookkeeping and it all has to be accounted

2206
02:05:03,920 --> 02:05:04,119
for it.

2207
02:05:04,560 --> 02:05:05,399
Speaker 1: So I'm sure it is.

2208
02:05:06,239 --> 02:05:10,359
Speaker 4: But uh as long as it's uh you know, uh

2209
02:05:10,720 --> 02:05:13,439
with fake hittings, uh, that they never have to let

2210
02:05:13,479 --> 02:05:17,760
the people know that it's there. That's my personal opinion

2211
02:05:17,800 --> 02:05:20,760
about it. That I know that that kind of money

2212
02:05:21,359 --> 02:05:24,239
uh would make a dent even in Washington, but uh

2213
02:05:24,319 --> 02:05:28,960
it can also be uh guy in in disguise, so

2214
02:05:29,119 --> 02:05:31,479
that uh, nobody's gonna call it a surplus.

2215
02:05:32,920 --> 02:05:36,359
Speaker 8: I was gonna answer her question that every every bond

2216
02:05:36,399 --> 02:05:40,000
issue that's ever been floated in this country for municipality

2217
02:05:40,159 --> 02:05:42,840
or water board or anything, it's where those initial funds

2218
02:05:42,920 --> 02:05:43,279
came from.

2219
02:05:43,359 --> 02:05:46,960
Speaker 6: Then they were invested and kept in the in that corporation.

2220
02:05:47,199 --> 02:05:50,359
So for instance, the water District of battle Law.

2221
02:05:50,199 --> 02:05:53,159
Speaker 8: In New York could pay the national debt just like itself,

2222
02:05:53,199 --> 02:05:54,359
and it's fifteen.

2223
02:05:54,000 --> 02:05:54,760
Speaker 6: To brillion buck.

2224
02:05:54,880 --> 02:05:57,520
Speaker 4: Yeah, that's been exposed lately. There was a comprehensi the

2225
02:05:57,600 --> 02:06:03,239
comprehensive financial statements. So this meant that noncipalities, it gives

2226
02:06:03,319 --> 02:06:05,600
these figures, but nobody ever sees them. And the one

2227
02:06:05,680 --> 02:06:07,680
guy went around and started checking on him, and he

2228
02:06:08,000 --> 02:06:11,520
found out these little towns had forty fifty hundred million

2229
02:06:11,560 --> 02:06:13,359
dollars and uh, which.

2230
02:06:13,560 --> 02:06:14,439
Speaker 1: They're just sitting on.

2231
02:06:15,359 --> 02:06:19,239
Speaker 4: And Uh, everybody has an interest in maintaining the status quo,

2232
02:06:20,039 --> 02:06:24,840
never letting the people know that they don't need to

2233
02:06:24,840 --> 02:06:27,119
pay their water bills anymore. They got enough money in

2234
02:06:27,159 --> 02:06:30,640
the water department for the next hundred years. So the

2235
02:06:30,760 --> 02:06:33,039
idea is to keep people mailing in those checks every

2236
02:06:33,119 --> 02:06:36,159
month and everything to go along as usual, and the

2237
02:06:36,239 --> 02:06:40,520
money just keeps piling up. Yes, and you'll have gold

2238
02:06:40,600 --> 02:06:41,359
at fort Knocks.

2239
02:06:42,279 --> 02:06:42,359
Speaker 1: Uh.

2240
02:06:42,520 --> 02:06:44,720
Speaker 4: Well, I had a friend named Edward Durrell who spent

2241
02:06:44,880 --> 02:06:51,720
a lot of money tracing that and he everything that

2242
02:06:51,840 --> 02:06:54,039
he found was that the money had was long gone.

2243
02:06:54,479 --> 02:06:57,159
Apparently most of his ship to Switzerland. Some in the

2244
02:06:57,279 --> 02:06:59,520
Federal Reserve Bank of New York. It was disposed of.

2245
02:07:00,439 --> 02:07:00,520
Speaker 8: Uh.

2246
02:07:00,600 --> 02:07:03,560
Speaker 4: It's like the Czar's gold in Russia after the Russian Revolution.

2247
02:07:04,359 --> 02:07:06,479
Most of that was shipped to New York to the

2248
02:07:06,520 --> 02:07:10,720
offices of Kuloa Company and Uhlizard Frere, which was Eugene

2249
02:07:10,760 --> 02:07:15,880
Myer's uh home company. Uh that was Paris, France and

2250
02:07:15,960 --> 02:07:21,079
New York and Uhlaizard Freres uh specialized in gold movements,

2251
02:07:21,159 --> 02:07:22,880
so they would have moved most of that gold.

2252
02:07:23,600 --> 02:07:24,159
Speaker 1: And Uh.

2253
02:07:25,640 --> 02:07:27,560
Speaker 4: The people who do this sort of thing, they're very

2254
02:07:27,880 --> 02:07:30,319
well versed. They know exactly how to do it, move

2255
02:07:30,399 --> 02:07:33,199
it to one country to another. And uh there's no

2256
02:07:33,520 --> 02:07:37,399
newspaper accounts, no reportage, uh uh about it because the

2257
02:07:37,479 --> 02:07:41,359
reporters have no interest in gold movements. They wore wouldn't.

2258
02:07:41,560 --> 02:07:45,560
There's no story there, so uh it's un totally unreported.

2259
02:07:48,079 --> 02:07:51,800
Speaker 5: You have at commented about how they changes from a

2260
02:07:51,920 --> 02:07:57,960
gold based to company to the ok to this feat

2261
02:07:58,079 --> 02:07:59,920
money that we now carry is getting more.

2262
02:08:00,720 --> 02:08:03,800
Speaker 4: Well, it was done gradually. See when the Federal Reserve

2263
02:08:03,840 --> 02:08:09,239
Actor nineteen thirteen pass was passed, the currency was based

2264
02:08:09,359 --> 02:08:12,960
on a gold standard, and they began to dilute that

2265
02:08:13,119 --> 02:08:17,479
and dilute that. Finally the gold went and it went

2266
02:08:17,560 --> 02:08:20,239
to silver, and then the silver was gotten rid of.

2267
02:08:20,640 --> 02:08:22,520
But in nineteen forty four, I have it in the

2268
02:08:22,560 --> 02:08:29,479
book here. It's when they passed the last restriction that

2269
02:08:29,960 --> 02:08:33,000
there should be any precious metal behind the currency. Since

2270
02:08:33,079 --> 02:08:36,840
nineteen forty four, it's been paper money issued against paper.

2271
02:08:36,640 --> 02:08:38,760
Speaker 1: Bonds, no medal of any kind.

2272
02:08:40,159 --> 02:08:41,720
Speaker 4: And that was done during the war, of course, when

2273
02:08:41,800 --> 02:08:44,479
no one noticed it, because if you were a good

2274
02:08:44,560 --> 02:08:47,359
patriot you wouldn't quibble.

2275
02:08:47,079 --> 02:08:47,800
Speaker 1: About things like that.

2276
02:08:47,960 --> 02:08:51,760
Speaker 4: Anyway, we wanted to slap the Jap and stun the hunt,

2277
02:08:51,960 --> 02:08:55,399
and till we got that done, why you couldn't talk

2278
02:08:55,439 --> 02:08:57,800
about the backing of the Federal Reserve viel.

2279
02:08:59,359 --> 02:08:59,439
Speaker 1: Now.

2280
02:08:59,479 --> 02:09:02,119
Speaker 4: A lot of the propaganda the wars also are very useful.

2281
02:09:02,199 --> 02:09:03,399
Like I say, you have Marshall Law.

2282
02:09:03,760 --> 02:09:04,199
Speaker 6: Oh yeah.

2283
02:09:04,439 --> 02:09:07,600
Speaker 4: And of course I was in the service. I didn't know,

2284
02:09:07,680 --> 02:09:11,359
but I understand on the home front that there was

2285
02:09:11,399 --> 02:09:13,680
a lot going on. People were spying on each other

2286
02:09:13,800 --> 02:09:17,600
and turning each turning their neighbors in because they had

2287
02:09:17,600 --> 02:09:20,279
an extra pound of butter and so forth, and a

2288
02:09:20,359 --> 02:09:22,760
lot of really vicious stuff going on, and which I

2289
02:09:22,840 --> 02:09:26,399
can well. And of course the mafia got into rationing

2290
02:09:26,479 --> 02:09:32,119
in a big way and started manufacturing sugar ration coupons

2291
02:09:32,880 --> 02:09:36,319
because you see, the bootleggers needed it for their whiskey operations,

2292
02:09:36,760 --> 02:09:40,720
so they couldn't go through rationing to run a whiskey operation.

2293
02:09:41,199 --> 02:09:43,880
So that mafia decided to fill the bill And of

2294
02:09:43,920 --> 02:09:46,199
course the stamps I still have some of They were

2295
02:09:46,239 --> 02:09:49,439
little climsy green things, you know, that anybody could print

2296
02:09:49,479 --> 02:09:53,199
in their basement. So that mafia printed a lot of them,

2297
02:09:53,560 --> 02:09:55,680
billions of dollars worth and sold them all at a

2298
02:09:55,680 --> 02:09:59,079
good price, and people gladly paid them because they needed

2299
02:09:59,079 --> 02:09:59,840
the sugar to keep them.

2300
02:10:00,000 --> 02:10:03,399
Speaker 1: This is going. And it was the same way with

2301
02:10:03,439 --> 02:10:05,720
meat rationing and everything else. It was all Uh.

2302
02:10:07,520 --> 02:10:10,159
Speaker 4: I think the mafia got into all that eventually because uh,

2303
02:10:10,520 --> 02:10:11,960
it was a wonderful way to make money.

2304
02:10:12,039 --> 02:10:13,319
Speaker 1: Yes, do you uh?

2305
02:10:13,800 --> 02:10:13,920
Speaker 8: Uh?

2306
02:10:14,079 --> 02:10:17,399
Speaker 3: I keep rereading the fact that our world, I mean,

2307
02:10:17,439 --> 02:10:20,840
you have stock markets and s tremendous gyration three four

2308
02:10:20,920 --> 02:10:21,840
or five hundred.

2309
02:10:21,560 --> 02:10:25,279
Speaker 5: Points down and up the next day, that the FED

2310
02:10:25,439 --> 02:10:26,239
is losing.

2311
02:10:26,039 --> 02:10:29,199
Speaker 3: Control, so to speak, and that we will eventually just

2312
02:10:29,319 --> 02:10:31,399
have another super crash.

2313
02:10:32,119 --> 02:10:33,840
Speaker 5: Uh do you see that in the future.

2314
02:10:34,000 --> 02:10:36,199
Speaker 4: No, No, the Federalserve is not losing control at all.

2315
02:10:36,319 --> 02:10:39,720
That's uh, As I pointed out. Uh, the Federal Aserve

2316
02:10:39,760 --> 02:10:43,880
Act was passed for speculators because they did not have

2317
02:10:44,520 --> 02:10:48,640
enough ready cash to engage in the kind of speculations

2318
02:10:49,079 --> 02:10:53,239
which would engender the profits that they wanted. So by

2319
02:10:53,359 --> 02:10:56,399
giving us an elastic currency in the Federal Reserve Act,

2320
02:10:56,439 --> 02:11:00,640
which Paul Warburg stated was the purpose of the Act

2321
02:11:00,840 --> 02:11:04,920
was to give us an elastic currency. Well, an elastic currency,

2322
02:11:05,039 --> 02:11:07,279
you all know what that's. That's the term rubber check

2323
02:11:09,199 --> 02:11:10,279
describes what they want to do.

2324
02:11:10,359 --> 02:11:10,840
Speaker 1: And they did it.

2325
02:11:10,920 --> 02:11:14,000
Speaker 4: They made it elastic, and once they had an elastic currency,

2326
02:11:14,520 --> 02:11:17,960
then they could all speculate like crazy and make millions

2327
02:11:18,039 --> 02:11:18,439
of dollars.

2328
02:11:18,479 --> 02:11:19,640
Speaker 1: And they've been doing it ever since.

2329
02:11:19,920 --> 02:11:22,600
Speaker 4: So the idea that the Federal Serve is losing control

2330
02:11:22,720 --> 02:11:24,359
of any of this, I don't think they're losing any

2331
02:11:24,399 --> 02:11:27,840
control because the speculators are in charge and they're running

2332
02:11:27,840 --> 02:11:31,920
it for their own benefit and running the market up

2333
02:11:31,960 --> 02:11:35,000
and down every day and generation because.

2334
02:11:34,720 --> 02:11:38,159
Speaker 3: They're so greedy that they run it, run it up,

2335
02:11:38,199 --> 02:11:40,199
and then pull the profits and then run it back

2336
02:11:40,319 --> 02:11:42,760
up again. Of course, those on the inside know what's

2337
02:11:42,840 --> 02:11:43,359
going to happen.

2338
02:11:43,960 --> 02:11:47,760
Speaker 4: Oh, they they push it up and down because they

2339
02:11:47,880 --> 02:11:50,039
make money both ways. You know, you have short selling,

2340
02:11:50,640 --> 02:11:52,840
so you make money on the way down, and then

2341
02:11:52,880 --> 02:11:54,319
you buy it back and you make money on the

2342
02:11:54,359 --> 02:11:57,920
way back. So they're making money both ways, and they's

2343
02:11:57,960 --> 02:12:00,920
gonna keep on doing it. They have all these other

2344
02:12:01,039 --> 02:12:04,920
things called warrants and options and various things, and these

2345
02:12:04,960 --> 02:12:08,520
are all traded and they're making money off of those. No,

2346
02:12:08,640 --> 02:12:11,640
they've got a very good and that's why the market

2347
02:12:11,720 --> 02:12:16,880
has generated what Greenspan calls the wealth factor. These are

2348
02:12:16,960 --> 02:12:21,319
all money generating operations, and they just keep on. I

2349
02:12:21,439 --> 02:12:24,800
have a friend who remodels houses up in New York

2350
02:12:24,880 --> 02:12:29,079
State and Connecticut, and he has a perfectly ordinary guy

2351
02:12:29,600 --> 02:12:31,640
whom you'd never heard of, but he's in the market

2352
02:12:32,359 --> 02:12:35,840
on Wall Street and he's spending five million dollars to

2353
02:12:35,880 --> 02:12:40,520
renovate an old farmhouse. Five million dollars and people to

2354
02:12:40,640 --> 02:12:44,239
renovate an old farmhouse. And people are doing this all

2355
02:12:44,359 --> 02:12:48,399
in that area that with their market profits, they're they're

2356
02:12:48,720 --> 02:12:54,199
buying country estates and just building big swimming pools and stables.

2357
02:12:54,880 --> 02:12:59,600
And because they have so much money that a perfectly

2358
02:12:59,680 --> 02:13:02,199
ordinary person could put five or ten million dollars into

2359
02:13:02,279 --> 02:13:05,039
a house, cause they've they've made hundreds of millions with

2360
02:13:05,159 --> 02:13:08,119
all these uh things that have been going on, and

2361
02:13:08,960 --> 02:13:11,640
so uh, it really was this sort of thing that

2362
02:13:11,960 --> 02:13:15,840
uh Greenspan was trying to discourage, but all he did

2363
02:13:16,119 --> 02:13:19,560
was to to hurt the small investor. Because the small

2364
02:13:19,640 --> 02:13:24,840
investor has been tremendously hurt by uh these market operations.

2365
02:13:26,079 --> 02:13:29,159
Speaker 5: That's probably the reason you You probably hit on the reason.

2366
02:13:29,239 --> 02:13:33,680
Speaker 1: They hate the small people, oh always, yeah, they hate

2367
02:13:33,880 --> 02:13:34,439
us kind.

2368
02:13:34,319 --> 02:13:37,720
Speaker 5: Of people, the common so called useless eaters of the world.

2369
02:13:37,880 --> 02:13:39,119
Speaker 1: Oh, useless eaters. Yeah.

2370
02:13:39,239 --> 02:13:43,239
Speaker 5: And uh so in that case, that really made I mean,

2371
02:13:43,279 --> 02:13:45,359
you really hit the name. Only hit there, I think

2372
02:13:45,439 --> 02:13:47,520
because they run that thing up and down.

2373
02:13:48,119 --> 02:13:51,399
Speaker 3: They they're gonna keep getting wealthier and we're gonna play

2374
02:13:51,479 --> 02:13:53,560
the market and day traders and guys.

2375
02:13:53,359 --> 02:13:56,039
Speaker 4: Are committing to oh the day trader, the day traders

2376
02:13:56,079 --> 02:13:59,399
all losing money. And uh well, as I say, I

2377
02:13:59,439 --> 02:14:02,520
heard Lewis ru Kaiser state right on Wall Street week

2378
02:14:02,600 --> 02:14:04,840
he said, well, the only reason they're doing this is

2379
02:14:04,920 --> 02:14:07,239
because the big boys don't like to see the little

2380
02:14:07,239 --> 02:14:08,439
guys getting too much money.

2381
02:14:08,840 --> 02:14:09,399
Speaker 1: And it's true.

2382
02:14:09,479 --> 02:14:10,880
Speaker 8: That's when I saw him say that, I was still

2383
02:14:10,920 --> 02:14:12,399
off my chair and you ever thought he would do that?

2384
02:14:12,479 --> 02:14:13,680
Speaker 6: That was part of the controls.

2385
02:14:13,920 --> 02:14:15,880
Speaker 4: Well, he is pretty much part of the control He's

2386
02:14:15,920 --> 02:14:18,760
been on television longer than any other financial inlets.

2387
02:14:19,119 --> 02:14:21,119
Speaker 1: But I think I guess he would just fed up.

2388
02:14:21,439 --> 02:14:25,720
Speaker 4: This whole green Span operation was so ridiculous to anybody

2389
02:14:25,720 --> 02:14:30,000
who knows anything about Wall Street. This uh uh delusions

2390
02:14:30,079 --> 02:14:32,720
of inflation and uh it was all just a money

2391
02:14:32,760 --> 02:14:35,720
making operation and that's what it's done. And ru Kaiser

2392
02:14:35,800 --> 02:14:40,119
finally decided to uh say something about it. But uh yeah,

2393
02:14:40,119 --> 02:14:41,960
I never thought he would say it either. But uh

2394
02:14:42,600 --> 02:14:45,279
uh you know he's he's in charge of his program

2395
02:14:45,880 --> 02:14:48,640
and he's very secure and uh, I don't think he

2396
02:14:48,680 --> 02:14:51,880
had any repercussions at all. What he said was actually

2397
02:14:51,960 --> 02:14:56,079
very logical. Yes, the gentleman bleue, that's you a blue shirt.

2398
02:14:57,439 --> 02:14:59,800
Speaker 5: Okay, so that depends on if you're not living in fool.

2399
02:14:59,840 --> 02:15:02,119
But isn't it also true if they do have a

2400
02:15:02,199 --> 02:15:04,159
chink in their armor, and that chink is.

2401
02:15:04,159 --> 02:15:09,159
Speaker 11: One word the confidence like nineteen pointy onemrth Germany, thineteen

2402
02:15:09,199 --> 02:15:13,760
eighties Brazil, if if bates an incompetence, if any currency

2403
02:15:13,840 --> 02:15:17,079
has low when that simple thing, then might you call

2404
02:15:17,199 --> 02:15:17,840
lose control?

2405
02:15:18,720 --> 02:15:21,640
Speaker 4: Well no, uh uh, there's no confidence in them now.

2406
02:15:21,720 --> 02:15:24,760
Milton Friedman, but the best known economists in the United States,

2407
02:15:25,159 --> 02:15:27,880
has stated on the editorial page of the Wall Street

2408
02:15:27,960 --> 02:15:32,359
Journal a number of times that, uh, every thing that's

2409
02:15:32,399 --> 02:15:35,520
happened in the market since the Federal Reserve Act was

2410
02:15:35,640 --> 02:15:38,560
passed was the fault of the Federal Reserves. And uh

2411
02:15:38,760 --> 02:15:40,239
he say, he states that very bluntly.

2412
02:15:40,600 --> 02:15:41,720
Speaker 5: Yeah, that's Milton Freedman.

2413
02:15:41,920 --> 02:15:43,159
Speaker 1: That's Milton Freedman. Yeah.

2414
02:15:43,279 --> 02:15:45,880
Speaker 5: Right, and he thinks a dollar bill is worth yes,

2415
02:15:46,000 --> 02:15:47,399
a dollar bill, a fourth a dollar.

2416
02:15:47,680 --> 02:15:47,840
Speaker 1: Yeah.

2417
02:15:47,920 --> 02:15:50,159
Speaker 5: Had ever been confidence that tomorrow is gonna be worth

2418
02:15:50,199 --> 02:15:50,479
a dollar?

2419
02:15:50,560 --> 02:15:50,680
Speaker 8: Oh?

2420
02:15:50,760 --> 02:15:52,560
Speaker 1: Yes, you know what I mean, kind not to be

2421
02:15:52,560 --> 02:15:53,520
your Oh I understand that.

2422
02:15:54,039 --> 02:15:58,520
Speaker 4: But uh, when you say confidence in the uh Federal

2423
02:15:58,560 --> 02:16:02,279
Reserve system, I I don't think the average investor has

2424
02:16:02,359 --> 02:16:04,680
any confidence in the Federal Reserve system. They don't even

2425
02:16:04,720 --> 02:16:09,760
realize it's running everything. Most investors have never heard of

2426
02:16:09,840 --> 02:16:16,359
the well, so yeah, they've gotta be confident. Well, most

2427
02:16:16,359 --> 02:16:19,119
small investors have probably never heard of the Open Market Committee,

2428
02:16:19,279 --> 02:16:22,640
so they don't even know what's going on. No, it's

2429
02:16:22,680 --> 02:16:24,840
only the big, really big boys that know about the

2430
02:16:24,920 --> 02:16:27,520
open market and what the Federal Reserve is really doing.

2431
02:16:28,119 --> 02:16:28,239
Speaker 8: Uh.

2432
02:16:28,359 --> 02:16:31,640
Speaker 4: Most small investors, Uh, they massive stocks. They hope to

2433
02:16:31,720 --> 02:16:34,319
have a little income, Uh, make a modest gain and

2434
02:16:34,399 --> 02:16:37,719
so forth. But UH, they have no concept of how

2435
02:16:37,799 --> 02:16:43,239
this whole system works or how it's manipulated by Uh

2436
02:16:44,360 --> 02:16:45,120
the elite.

2437
02:16:46,799 --> 02:16:49,079
Speaker 6: Is jacking of the currency. Isn't it the full faith

2438
02:16:49,159 --> 02:16:50,920
and credit of the American people? In other words, it's

2439
02:16:50,920 --> 02:16:51,760
the sweat of our brow.

2440
02:16:52,000 --> 02:16:52,760
Speaker 1: Oh it is. Indeed.

2441
02:16:52,920 --> 02:16:56,200
Speaker 4: Uh, we're totally responsible for all this money. And as

2442
02:16:56,319 --> 02:17:01,159
the Act says, UH, we're totally responsible for it. You

2443
02:17:01,200 --> 02:17:04,159
can bet that John D. Rockefeller is not worried about

2444
02:17:04,200 --> 02:17:05,479
the value of the dollar.

2445
02:17:07,079 --> 02:17:09,600
Speaker 1: Uh. They they got things under control. Yes, what are

2446
02:17:09,639 --> 02:17:11,719
your plans for chocial society?

2447
02:17:11,760 --> 02:17:17,120
Speaker 4: And do your uh socialist society? Oh cacialist society, Oh

2448
02:17:17,200 --> 02:17:20,479
cacialist society. Well, we're pretty much on a casialist society.

2449
02:17:20,559 --> 02:17:22,600
Now there's the UH. I think the amount of money

2450
02:17:22,639 --> 02:17:26,600
in circulation has uh diminished again mm, because you see

2451
02:17:26,639 --> 02:17:29,639
you have American Express is printing almost as much money

2452
02:17:29,719 --> 02:17:32,520
as the UH Federal Reserve system, and you got s

2453
02:17:32,799 --> 02:17:37,639
so many other things, coupons, all sorts of negotiable instruments,

2454
02:17:38,280 --> 02:17:42,799
and UH money is a medium of exchange, and whatever

2455
02:17:42,879 --> 02:17:46,200
you've got, if you can exchange it for something, then

2456
02:17:46,280 --> 02:17:50,079
it's money, regardless of who prints it. Or whose name

2457
02:17:50,200 --> 02:17:54,399
is on it or anything else. But uh, the money

2458
02:17:54,479 --> 02:17:57,840
business grows because the economy is growing. And as the

2459
02:17:57,879 --> 02:18:00,879
economy grows, do you need more of me in exchange?

2460
02:18:00,920 --> 02:18:05,360
So they use travelers checks, they use everything. So I

2461
02:18:05,440 --> 02:18:08,319
think that will continue. I think that they will be

2462
02:18:08,520 --> 02:18:11,879
more cashlest society in the future because you'll have more

2463
02:18:11,920 --> 02:18:17,280
electronic transfers of money. I was surprised that my banks

2464
02:18:17,360 --> 02:18:20,360
in my local town. I think I can transfer money

2465
02:18:20,399 --> 02:18:22,479
from one bank to another electronically, they don't do it.

2466
02:18:22,479 --> 02:18:25,840
It's uh, the small town banks are still but I

2467
02:18:25,920 --> 02:18:27,520
think the big banks in New York do it all

2468
02:18:27,559 --> 02:18:33,159
the time. They transfer a million dollars electronically, but small

2469
02:18:33,239 --> 02:18:35,000
banks are just not set up to do that.

2470
02:18:36,159 --> 02:18:38,520
Speaker 1: It's the game, of course.

2471
02:18:38,520 --> 02:18:41,000
Speaker 4: I never asked them to transfer a million dollars. I'd

2472
02:18:41,040 --> 02:18:43,959
ask them to transfer a thousand maybe, but they said,

2473
02:18:44,000 --> 02:18:45,120
we can't do it electronically.

2474
02:18:45,200 --> 02:18:45,319
Speaker 1: Yes.

2475
02:18:45,440 --> 02:18:46,360
Speaker 5: Do you think that that's going.

2476
02:18:46,319 --> 02:18:48,280
Speaker 9: To continue to bump interest rates or do they have

2477
02:18:48,399 --> 02:18:51,639
their manned position now where they want them being pushed in.

2478
02:18:51,719 --> 02:18:53,520
Speaker 1: The election or well.

2479
02:18:53,639 --> 02:18:56,479
Speaker 4: The general consensus that they're printing in the Wall Street

2480
02:18:56,520 --> 02:18:59,600
Journal other places is that they've achieved their objectives and

2481
02:18:59,719 --> 02:19:02,879
that they don't need this other five rate increases. And

2482
02:19:03,000 --> 02:19:05,920
of course they're playing with fire because they could always

2483
02:19:06,600 --> 02:19:10,799
trigger a real crash. Cause there again is the confidence factor.

2484
02:19:11,600 --> 02:19:14,239
Uh when people get scared, to get scared, and it's

2485
02:19:14,280 --> 02:19:18,520
a mass, uh, a mass phenomenon. So they don't wanna

2486
02:19:18,559 --> 02:19:18,959
trigger that.

2487
02:19:19,799 --> 02:19:19,920
Speaker 8: Uh.

2488
02:19:20,280 --> 02:19:22,920
Speaker 4: They would love to maybe put in one or two

2489
02:19:22,959 --> 02:19:26,879
small increases and just make a little extra money, but uh,

2490
02:19:27,200 --> 02:19:29,040
they can get by without it, and I think they will.

2491
02:19:29,399 --> 02:19:33,159
Speaker 5: I think the rise in interest for the energy prices,

2492
02:19:33,360 --> 02:19:38,760
what you introd? They what what the rise and energy prices?

2493
02:19:38,959 --> 02:19:41,239
Speaker 4: Oh, the energy prices are an essential part of it.

2494
02:19:41,399 --> 02:19:44,239
That's uh, that's uh part of the double hammy. They

2495
02:19:44,319 --> 02:19:46,719
put the squeeze on you through four ways. They raise

2496
02:19:46,799 --> 02:19:50,639
food prices, they raise energy prices. Uh, they raised interest rate.

2497
02:19:51,319 --> 02:19:54,719
And the purpose of all of this is more money.

2498
02:19:54,840 --> 02:19:57,280
That's the only purpose it is is to charge you

2499
02:19:57,399 --> 02:20:00,079
more for uh the goods that you Ah.

2500
02:20:00,319 --> 02:20:03,280
Speaker 10: Yes, well, that consumer price index, that's a real fraud

2501
02:20:03,360 --> 02:20:07,680
because oh yeah, food and the medical is part of

2502
02:20:08,120 --> 02:20:11,360
the fees and most of us are medical insurances going

2503
02:20:11,440 --> 02:20:13,319
up fifteen to twenty thirty percent a year.

2504
02:20:13,479 --> 02:20:14,319
Speaker 1: Oh yes, and.

2505
02:20:14,639 --> 02:20:18,159
Speaker 5: That's not even included, so they don't have to pay as.

2506
02:20:18,079 --> 02:20:21,040
Speaker 3: Much social Security when it's only one point three percent inflation,

2507
02:20:21,159 --> 02:20:23,600
when it's probably closer to six or.

2508
02:20:23,600 --> 02:20:24,280
Speaker 5: Seven or ten.

2509
02:20:24,600 --> 02:20:27,680
Speaker 4: Oh, that's true. Yes, and no, the CPI has been

2510
02:20:27,760 --> 02:20:31,000
criticized for years. That's totally out of touch with reality.

2511
02:20:31,680 --> 02:20:34,120
But the government relies on it and Wall Street relies

2512
02:20:34,159 --> 02:20:35,680
on it, so they'll continue to use it.

2513
02:20:35,760 --> 02:20:40,040
Speaker 3: There's social security. If the retired people are you know,

2514
02:20:40,120 --> 02:20:42,600
they see things going up. The farmers are not getting there.

2515
02:20:42,799 --> 02:20:45,760
They're getting two cents for new potatoes digging right now,

2516
02:20:45,840 --> 02:20:46,799
and they're twenty five.

2517
02:20:46,680 --> 02:20:47,799
Speaker 5: Cents a pounds in the store.

2518
02:20:47,920 --> 02:20:51,159
Speaker 3: Oh yes, and so that they can give away the

2519
02:20:51,280 --> 02:20:56,000
raw commodities literally and it wouldn't make any difference as

2520
02:20:56,040 --> 02:20:57,559
far as the price is in the store.

2521
02:20:57,879 --> 02:21:01,200
Speaker 1: Oh, that's absolutely true. Yes, it's all locked in. Yes.

2522
02:21:01,399 --> 02:21:03,120
Speaker 5: Could you explain more about North End?

2523
02:21:03,639 --> 02:21:04,360
Speaker 1: Oh? North End?

2524
02:21:04,600 --> 02:21:06,840
Speaker 4: Yeah, Well, I don't want to get into North End

2525
02:21:06,879 --> 02:21:09,600
too much because here we're talking about Federal Reserve and

2526
02:21:10,040 --> 02:21:12,159
there is much to say about North Ed. It's kept

2527
02:21:12,520 --> 02:21:16,680
that they are trying to provide a new and different

2528
02:21:16,760 --> 02:21:23,000
currency to the American people, and it's perfectly legitimate, and

2529
02:21:24,159 --> 02:21:26,319
if more people use it and exchange it for goods

2530
02:21:26,360 --> 02:21:29,799
and services. They've had other plans like that in Ethnica,

2531
02:21:29,879 --> 02:21:33,200
New York that the Institute displanned about twenty five years

2532
02:21:33,200 --> 02:21:37,319
ago that in that area they would print money and

2533
02:21:37,399 --> 02:21:40,639
exchange it for local goods and services. And all the

2534
02:21:40,719 --> 02:21:43,760
merchants used it and they paid their bills with it,

2535
02:21:44,399 --> 02:21:48,719
and so it's been very satisfactory. Any of these plans

2536
02:21:48,760 --> 02:21:52,959
will work as long it's accepted in that area. But

2537
02:21:53,159 --> 02:21:55,479
then to go beyond that area, you've got to educate

2538
02:21:55,520 --> 02:22:00,239
people in other areas that it is legitimate medium exchange course.

2539
02:22:00,280 --> 02:22:03,040
Speaker 1: That takes some doing, takes some time. Oh, thankful the

2540
02:22:03,159 --> 02:22:05,440
local areas. Yeah, local areas, that's the way they do

2541
02:22:05,479 --> 02:22:09,440
it now. Yes, this happening earlier.

2542
02:22:09,120 --> 02:22:12,639
Speaker 7: When or in the other one that you seemed pretty

2543
02:22:12,719 --> 02:22:17,639
optimistic that the American people would be able to overcome

2544
02:22:19,079 --> 02:22:23,440
this power ground that's been going on for so long.

2545
02:22:24,360 --> 02:22:26,719
And I was just wanting to be more specific as

2546
02:22:26,799 --> 02:22:29,000
to why we shoul be optimistic.

2547
02:22:29,079 --> 02:22:31,159
Speaker 5: I mean, it seems like they're pretty in French.

2548
02:22:32,520 --> 02:22:35,840
Speaker 6: And and and maybe maybe if you be specific as

2549
02:22:35,920 --> 02:22:38,520
to as to how you think.

2550
02:22:38,440 --> 02:22:43,680
Speaker 4: This whole thing's gonna break up and when well, I'm

2551
02:22:43,719 --> 02:22:46,399
optimistic because I put it out that in the face

2552
02:22:46,479 --> 02:22:50,280
of everything the government and the corporations are done to

2553
02:22:50,440 --> 02:22:52,719
prevent this prosperity that we have at the present time,

2554
02:22:52,799 --> 02:22:55,280
what they call the new economy, that uh, the people

2555
02:22:55,319 --> 02:22:58,280
that just dug in and worked harder and produced more.

2556
02:22:58,879 --> 02:23:02,399
And I think that, uh, overall, it's amazing that we've

2557
02:23:02,479 --> 02:23:05,760
survived at all. I think that's optimism in itself. And

2558
02:23:05,879 --> 02:23:08,440
that we could even have a meeting like this because uh,

2559
02:23:08,920 --> 02:23:12,000
you can bet that the uh, the elitists would rather

2560
02:23:12,120 --> 02:23:14,280
not see any meetings like this, but they go on

2561
02:23:14,639 --> 02:23:18,520
and uh people get together and exchange ideas and talk

2562
02:23:18,559 --> 02:23:22,079
about the future. But as far as specific point by point,

2563
02:23:22,159 --> 02:23:23,520
I don't have anything at the moment.

2564
02:23:23,639 --> 02:23:26,159
Speaker 6: Well, do you do you think that that we will

2565
02:23:26,200 --> 02:23:28,040
ever depose these needle Oh?

2566
02:23:28,079 --> 02:23:33,280
Speaker 4: I think so, maybe by attrician because as they get

2567
02:23:33,399 --> 02:23:35,200
older and richer and more incompetent.

2568
02:23:35,440 --> 02:23:36,520
Speaker 1: Uh.

2569
02:23:36,559 --> 02:23:38,840
Speaker 4: You see, the younger generation, what they call the present

2570
02:23:38,920 --> 02:23:43,079
generation of Rockfellers, UH, has shown proctly no interest in

2571
02:23:43,239 --> 02:23:44,959
taking an active role in power.

2572
02:23:45,760 --> 02:23:45,879
Speaker 1: UH.

2573
02:23:46,000 --> 02:23:49,159
Speaker 4: David Rockfeller is almost the last of the line, and

2574
02:23:49,440 --> 02:23:53,360
his brother Lawrence is still a director of National Geographic

2575
02:23:53,440 --> 02:23:57,159
and Readers Digest, the two largest magazines in the United States,

2576
02:23:57,559 --> 02:24:01,840
so they're keeping their hand in. But uh the direct

2577
02:24:01,879 --> 02:24:04,600
personal control is kind of passing out of these families,

2578
02:24:05,360 --> 02:24:07,680
mostly due to the fact that the younger generations are

2579
02:24:08,200 --> 02:24:12,360
too spoiled and too uneducated to ever do anything except

2580
02:24:12,520 --> 02:24:13,639
uh live on the money.

2581
02:24:13,440 --> 02:24:13,840
Speaker 1: That they have.

2582
02:24:14,200 --> 02:24:14,399
Speaker 6: Mm.

2583
02:24:14,719 --> 02:24:18,680
Speaker 4: So uh uh you know there's a power vacuums are

2584
02:24:18,719 --> 02:24:21,799
being created, m and I think that these families are

2585
02:24:21,879 --> 02:24:24,600
not filling it and that other people will move in

2586
02:24:24,680 --> 02:24:28,200
and uh began to exercise some power of your books.

2587
02:24:28,280 --> 02:24:30,040
Speaker 5: You mentioned the council was fired.

2588
02:24:30,879 --> 02:24:34,280
Speaker 4: Yeah, the Council of Five l changes. Oh there's those

2589
02:24:34,399 --> 02:24:38,280
changes in that. Uh they still represent the same power sources,

2590
02:24:38,399 --> 02:24:42,680
but uh that's uh personal changes almost uh well every

2591
02:24:42,680 --> 02:24:45,920
a couple of years because uh the people on that council,

2592
02:24:46,760 --> 02:24:48,559
Uh at the time that I wrote about it, they

2593
02:24:48,600 --> 02:24:51,600
w uh they're probably well. Guide to rothschild was one

2594
02:24:51,719 --> 02:24:55,079
and I think he's died now. And uh uh there again,

2595
02:24:55,120 --> 02:25:00,159
attrition takes its uh toll and that uh uh it's

2596
02:25:00,280 --> 02:25:04,200
it's harder and harder to find uh good replacements, cause

2597
02:25:04,200 --> 02:25:07,600
there's got to be ability to be on uh council

2598
02:25:07,719 --> 02:25:12,920
like that and decide though, uh, world programs what they.

2599
02:25:12,840 --> 02:25:13,159
Speaker 1: Have to do.

2600
02:25:13,319 --> 02:25:16,200
Speaker 8: Yes, we were we were sitting here discussing during when

2601
02:25:16,239 --> 02:25:18,440
you were having a break, and we were saying.

2602
02:25:18,200 --> 02:25:20,120
Speaker 6: How there's no young people in the world with clients.

2603
02:25:20,479 --> 02:25:21,719
There's no young people.

2604
02:25:21,559 --> 02:25:24,399
Speaker 8: Anywhere anymore, and and we were saying, how that they

2605
02:25:24,479 --> 02:25:25,520
have been so dumbed down.

2606
02:25:25,600 --> 02:25:27,879
Speaker 5: The oh yeah, py U streets.

2607
02:25:27,239 --> 02:25:30,079
Speaker 6: Bears out they're not here. But it's really refreshing to

2608
02:25:30,120 --> 02:25:32,040
think that the rocket doellers are have the same problem.

2609
02:25:32,239 --> 02:25:33,840
Their kids don't give him grants.

2610
02:25:33,920 --> 02:25:36,000
Speaker 1: Oh, that's absolutely true, no question about it.

2611
02:25:36,239 --> 02:25:36,399
Speaker 6: Good.

2612
02:25:36,680 --> 02:25:37,520
Speaker 1: Oh, that's the good part.

2613
02:25:37,639 --> 02:25:38,239
Speaker 5: That's a good part.

2614
02:25:38,399 --> 02:25:40,200
Speaker 4: Well, the other part is that some of yo, so

2615
02:25:40,280 --> 02:25:42,959
many young people are getting interested in the Internet. Yeah,

2616
02:25:43,200 --> 02:25:46,680
because there it's quick information and they don't have to

2617
02:25:46,680 --> 02:25:48,959
go to the library's study for years and so forth.

2618
02:25:49,399 --> 02:25:52,559
So uh uh I I think young people will be

2619
02:25:52,639 --> 02:25:55,479
get will be more interested in through the computers more

2620
02:25:55,520 --> 02:25:58,760
than anything else. And uh that's a very promising sign.

2621
02:25:59,479 --> 02:26:05,479
But uh, you know, it's like the Berlin Wall. Nobody predicted,

2622
02:26:06,040 --> 02:26:10,079
no government official ever predicted that that was gonna fall.

2623
02:26:10,799 --> 02:26:13,680
They claimed to be totally surprised. The CIA and so forth,

2624
02:26:14,000 --> 02:26:17,280
And in fact they were quite disappointed because of course

2625
02:26:17,399 --> 02:26:21,000
all of the support for communism has come from this

2626
02:26:21,120 --> 02:26:23,959
country anyway. The CIA and the Federals are bank in

2627
02:26:24,040 --> 02:26:27,079
New York, so they would like to see in the

2628
02:26:27,159 --> 02:26:30,319
wall stamp forever. But the people over there just got

2629
02:26:30,360 --> 02:26:32,319
fed up with it and said we're going to tear

2630
02:26:32,399 --> 02:26:35,879
this down. And when they did, nobody stopped them. And

2631
02:26:36,280 --> 02:26:39,000
that sort of change can happen here at any time.

2632
02:26:39,600 --> 02:26:43,399
It's really people just get fed up, say well, I've

2633
02:26:43,440 --> 02:26:43,920
put up with.

2634
02:26:43,959 --> 02:26:48,920
Speaker 1: This for thirty eight years and tomorrow it's over over.

2635
02:26:49,000 --> 02:26:50,559
Speaker 8: When we come out of the system, Well, we would

2636
02:26:50,600 --> 02:26:52,479
you take part in the system any longer? Way?

2637
02:26:52,680 --> 02:26:56,239
Speaker 4: Oh, definitely yes. Any independence at us ARET is a

2638
02:26:56,280 --> 02:27:00,200
positive step towards the future. People not paying taxi is

2639
02:27:01,959 --> 02:27:04,440
I go to the court and challenge the government on

2640
02:27:04,760 --> 02:27:10,479
a challenge ours or anybody, and they're really dumbfounded because

2641
02:27:10,920 --> 02:27:12,360
you're not supposed to be able to afford it in

2642
02:27:12,399 --> 02:27:15,399
the first place. They have the legal system set up

2643
02:27:16,120 --> 02:27:19,040
to talk to a lawyer about anything. You got to

2644
02:27:19,040 --> 02:27:21,719
put fifteen or twenty thousand dollars up before you even

2645
02:27:21,959 --> 02:27:23,959
do anything. Well, you can go right down the court

2646
02:27:24,040 --> 02:27:25,959
and file your own case for one hundred and fifty

2647
02:27:25,959 --> 02:27:29,239
dollars and then you're in business. The court has to

2648
02:27:29,319 --> 02:27:33,440
hear it and you could file any motion that you want.

2649
02:27:34,120 --> 02:27:38,520
I used to be very creative on my motions. I'm lucky,

2650
02:27:39,000 --> 02:27:42,760
oh yeah, and I used to file things that really

2651
02:27:42,840 --> 02:27:45,600
drove will because they weren't equipped to handle it. They

2652
02:27:45,639 --> 02:27:48,399
hadn't seen anything like that. What they had was a

2653
02:27:48,520 --> 02:27:52,440
very mundane, routine business that filed motions two sentences long.

2654
02:27:52,559 --> 02:27:55,639
You know, for the money they were charging, they could

2655
02:27:55,680 --> 02:27:57,600
have done a little more work, but they had gotten

2656
02:27:57,639 --> 02:28:00,719
a customed not to doing any work a nine or

2657
02:28:00,799 --> 02:28:05,159
twelve page motion, And in law you've got to be

2658
02:28:05,280 --> 02:28:09,200
very careful because one comma can change everything. So they

2659
02:28:09,239 --> 02:28:10,959
had to wade through all the stuff with a vine

2660
02:28:11,000 --> 02:28:15,319
tooth call and tried to decipher my references in foreign

2661
02:28:15,399 --> 02:28:17,239
languages and all that sort of. And I was having

2662
02:28:17,280 --> 02:28:20,159
great fun with the whole thing. So, like George Gordon said,

2663
02:28:20,159 --> 02:28:21,760
if you're in court and you're not having fun, you

2664
02:28:21,799 --> 02:28:22,520
shouldn't be there.

2665
02:28:27,719 --> 02:28:33,600
Speaker 10: You were listening to the fact under radio network, just

2666
02:28:33,680 --> 02:28:34,079
the facts.

2667
02:28:34,120 --> 02:28:34,399
Speaker 1: Mammy

