Thank heavens Donald Trump opened so many eyes to the lies, corruption and total lack of accountability that come so naturally to the permanent political class. And Sen. Ted Cruz was spot on when he once noted that "millions of Americans are asking for accountability and truth." Which is why it's so curious - and saddens us - this lack of accountability with the lies of Cruz's own campaign.
Schiff: Fed Will Turn To QE3 In Failed Bid To Prevent Economic Depression
Bernanke set to crank up printing presses once again
Paul Joseph Watson
http://www.infowars.com/
http://www.infowars.com/schiff-fed-will-turn-to-qe3-in-failed-bid-to-prevent-economic-depression/
Thursday, September 22, 2011
Although mainstream financial analysts are all but certain that Ben Bernanke will now refrain from launching a third round of money printing, economist Peter Schiff told CNBC today that the unfolding global depression will force the Fed to resort to QE3 in a failed effort to prop up the plunging stock market.
The Dow tumbled and Standard & Poor's 500 Index sunk below its lowest close of 2011 in response to the Federal Reserve's announcement yesterday that it saw "significant downside risks" in the economy and would embark on a program to replace $400 billion of short-term debt with longer-term Treasuries.
Speaking with CNBC, Euro Pacific Capital Inc's Peter Schiff said the collapse was another indication that a global depression was already unfolding, "An extended period of time where the markets are going to deliver returns that are much less than the real rate of inflation."
Despite many economists hastily proclaiming that QE3 is now off the table, Schiff made it clear that today's market reaction only made it more inevitable that Ben Bernanke would once again turn to the printing presses in a desperate bid to keep the ponzi scheme ticking over.
"I think we'll go through a period of time where markets go sideways though for now we'll keep falling until the fed caves in and gives the market what it wants which is more QE. It is the wrong policy but the fed always gets it wrong so I don't know why this time will be any different," said Schiff.
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Media Goliath Matt Drudge declared "Have an exit plan..." on his twitter.Just hours away from Obama's declaration of a Unilateral Agenda, Alex Jones weighs out the pros and cons of leaving the United States. Does Leaving behind a tyranny, a culture of zombified death, and a police state have its perks?
http://www.infowars.com/homeland-security-drone-crashes-off-cali-coast/
http://www.infowars.com/authorities-want-remote-access-to-californians-home-cctv-footage-for-the-greater-good/
http://www.infowars.com/fema-preparing-for-motor-coach-evacuation-of-the-general-population/
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Alex opens the phone lines for callers who have been put on anti-depressants and ask them what their experience with the "Psychotropic Drug" was like.
FORT WORTH, Texas — Aaron Alexis was so unhappy with his life in America — where he was beset by money woes and felt slighted as a veteran — that he was "ready to move out of the country" last year, a friend said Tuesday.
Aaron Alexis, the man police say shot and killed 12 people in a Washington Navy Yard, reportedly called police to complain about people following him and that he was hearing voices. He sought mental health treatment from a nearby VA hospital, officials said. NBC's Pete Williams reports.
"He was tired of dealing with the government," said Kristi Suthamtewkal, whose husband owns the Thai Bowl Restaurant in Fort Worth, where Alexis worked in exchange for room and board.
But instead of leaving the U.S., the former Navy reservist relocated from Texas to Virginia, where an IT company called The Experts put him on a government contract at the Washington Navy Yard.
A day after Alexis, 34, gunned down 12 people at the yard, new details emerged of his troubled past — from his preoccupation with 9/11 to recent mental problems that included hearing voices in his head. http://usnews.nbcnews.com/_news/2013/09/17/20542864-navy-yard-shooter-aaron-alexis-was-not-happy-with-america-friend-says?lite
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Prison Planet.com editor and journalist Paul Joseph Watson fills in for Alex. Watson talks with Gerald Celente, trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance. Celente accurately predicted the 1987 stock market crash, the collapse of the Soviet Union in 1991, the 1997 Asian currency crash and the 2007 subprime mortgage crisis. Celente has predicted tax revolts and food riots as the Greatest Depression unfolds. Paul also takes your calls.
www.trendsresearch.com/