Powers & Principalities, Episode 046, YouTube Auto-Generated Transcription
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Powers & Principalities, Episode 046
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Odious Debt and Financial Repression.
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The transcription text below is a YouTube auto-generated English transcription from Powers & Principalities, Episode 046, published by "thkelly67" on 2018-04-07 with a running time of 1:21:50. All episodes of the Powers & Principalities weekly audio interview series between Joseph Atwill and Tim Kelly are included in this playlist on YouTube and are also available as audio podcast downloads on Tim Kelly's "Our Interesting Times" channel on Podomatic.
All transcription copyrights belong to Tim Kelly (thkelly67) & Joseph Atwill.
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00:00 [Music] 00:38 [Music] 00:41 Joe how you doing mmm Tim I'm I've moved 00:48 16 tons and what did I get another day 00:51 older and deeper in debt 00:53 yes st. Peter don't call me because I 00:55 can't come I owe my soul to the company 00:57 store that was come up with by people 01:05 who are in these towns that were created 01:08 by mining companies that would people 01:10 credit so they could company money 01:13 basically so they could buy stuff but 01:16 they could never seem to get enough 01:18 money to actually provide for all the 01:21 necessities to live and so they would go 01:23 deeper in debt which meant they were 01:24 basically slaves and just had to work 01:26 forever and that is a condition that am 01:30 a lot of Americans are finding 01:32 themselves in there's debt that can be 01:38 given to people people you know can can 01:41 get credit for one way or another 01:43 student loans you know credit cards but 01:46 it all ends up with this giant lump of 01:48 debt and it's just such a burden on 01:51 people's lives 01:52 what about debt and what kind of a 01:55 problem is debt to the people of the 01:58 Western world yeah that's an interesting 02:01 uh yeah analogy or verse you've recited 02:05 there because I think the whole plan is 02:07 to turn the world in one big company 02:08 store you know through debt a debt as a 02:12 weapon it's a financial weapon um well 02:16 there's a concept in international law 02:17 called odious debt I think people should 02:21 start to reconsider or start thinking 02:24 about again odious debt has also known 02:27 as illegitimate debt a legal doctrine 02:29 that holds that the national debt 02:30 incurred by a regime for the purposes 02:32 that do not serve the best interest of 02:34 the nation the people will have you the 02:37 public should not be enforceable such 02:41 debts are thus considered by the stocton 02:43 to be personal debts of the regime that 02:46 incurred them and not the debts of the 02:48 state so there 02:49 it's a distinction between the regime 02:50 and the people there I think we should 02:52 start Americans to start thinking about 02:54 that but the US government and and the 02:58 corporations and banks that it works for 03:00 in some respects this concept is 03:02 analogous to the invalidity of contracts 03:06 under coercion because we see here is 03:08 sort of a there's a coercion here that 03:10 goes unstated buts there because through 03:13 debt through inflation you can corner 03:15 people make them desperate and to the 03:19 point in order to maintain their living 03:20 standards even just to slow down their 03:23 mature their that the client living 03:25 standards they have to go further and 03:26 further into debt you know use their 03:28 credit cards and these things that make 03:29 the affliction caused things to cost 03:31 more like education housing food 03:33 medicine these things and of having to 03:35 borrow money to to go on living so 03:40 that's that concept of odious debt I was 03:42 looking at some interesting figures the 03:46 course the national debt is over twenty 03:48 twenty dollars now 1970 was two hundred 03:51 seventy five billion so and I think it 03:56 took between 789 in 1970 to borrow two 04:00 hundred seventy five billion so since 04:02 then borrowed since nineteen seventy 04:05 that's forty eight years ago they've had 04:08 they've managed to borrow another twenty 04:12 trillion dollars we think in June 1970 04:18 GDP was 1.1 trillion dollars since then 04:21 is expanded to nineteen point six 04:23 trillion dollars but the public and 04:25 private debt has grown from one point 04:28 five trillion to sixty seven trillion 04:30 dollars so in order to get a growth of I 04:35 guess roughly seventeen trillion dollars 04:37 in the GDP 67 trillion dollars has 04:41 needed to be borrowed his store up until 04:43 nineteen seven the average debt public 04:46 and private was one hundred fifty 04:48 percent of GDP now it's three hundred 04:50 fifty percent of GDP and rising and 04:54 nationally and internationally globally 04:56 debt seems to be going up and up and up 04:58 and there's been talk of peak debt that 05:00 the government's won't be able to roll 05:02 this over 05:03 more but I think it all depends with the 05:04 central bank's too but nevertheless the 05:06 game seems to be that just pile on more 05:10 debt more debt more debt where someone's 05:12 collecting an interest on this debt 05:13 right the bondholders the rentier class 05:16 or all that so and the more that has to 05:19 be paid an interest as lester is to be 05:20 paid to the productive economy the 05:22 social function of the financialization 05:23 of the US economy since the early 1970s 05:26 was coincided with the collapse of the 05:28 Bretton Woods system the final cutting 05:32 of the tie the u.s. dollar to gold and 05:34 also the the creation of the petro 05:38 dollar system which opened up a vast 05:41 pool of credit for the US government 05:42 pretty much said that all the 05:43 internationally all the doubt all the 05:46 purchases of oil international have to 05:47 be used dollars and that created a huge 05:49 demand for dollars and this also created 05:51 a long-term deindustrialization in that 05:53 states because it created a lot of 05:56 dollars abroad in demand in order to buy 05:59 the oil and this allowed the US 06:01 government - well this was artificially 06:06 held down the price of imports made our 06:09 exports more expensive this was led to 06:11 this D decimalisation that states - 06:13 hollowing out of our industrial base is 06:17 the socially coincides with the 06:18 enrichment of the by coastal areas the 06:20 west coast the East Coast and the 06:22 impoverishment of the center part of the 06:24 country the productive part of the 06:25 country this is all part of the 06:27 financialization of the US economy Laura 06:31 she - debt leveraged buyouts so the 06:35 question is it's just just you know 06:38 shortsightedness bad policy or is there 06:42 a plan afoot here well isn't it funny 06:48 that you know you whenever you have this 06:52 accidental slavery of an entire OG 06:58 hemisphere you know a question that 07:01 might be asked by perceptive people is 07:04 was this by design and yeah I would have 07:08 to say that it was obviously and 07:12 the you know the concept of odious debt 07:16 is very important it would help the 07:20 public understand the reality better if 07:24 they if they had a you know this term 07:26 you know was was facile was something 07:28 that they were familiar with and could 07:30 you know could comment on but I don't 07:32 think it's a real complete solution to 07:34 the problem that we're facing because 07:36 you can Jubilee odious debt in other 07:39 words say you know you decide that well 07:42 the neocons created a lot of artificial 07:45 debt we're gonna get rid of it so you 07:48 jubilee which is to say evaporate or you 07:53 know ten trillion dollars of US 07:56 Treasuries whatever number you wanted to 07:59 ascribe to the activity of the neocon 08:01 criminal activity you know it wouldn't 08:05 fix anything the by doing that the it 08:09 would just bring about a really quick 08:11 collapse of the US financial system 08:13 because you know then then basically the 08:16 other ten trillion dollars in debt no 08:20 one would really trust it any longer and 08:21 of course you know the auctions of the 08:24 debt going forward would be not no one 08:27 would show up because no one want to 08:29 participate in that so so jubilee of 08:33 nations is a great idea but I just I 08:37 don't think it'll work and I also don't 08:39 think it will work for the the more 08:41 fundamental problem which is that it's 08:44 odious currency more than odious debt 08:49 it's the dollar that is really the 08:53 problem it's the fact that people 08:54 believe in it as having a store value 08:57 that is its this is mind control and if 09:01 people would you know understand the 09:03 financial system a little more clearly 09:05 they could see that belief in the dollar 09:08 is mind control the physical dollars are 09:12 you know less than 3% of the total 09:17 credit that the banking system has 09:19 created right so physical dollars are 09:22 very rare and they're they're not a big 09:25 deal as far as 09:26 our financial situation in the United 09:28 States 09:29 the credit is everything and the the 09:34 credit is taken seriously now the banks 09:38 when when they create credit they do so 09:41 out of by creating it out of thin air 09:43 that's this is the the key mind control 09:46 aspect right they they used to have 09:50 deposits which would then be lent out 09:53 but as you say the financialization of 09:57 the country has occurred and what that 09:59 meant is that the banks were able to 10:01 basically use this fractional reserve 10:03 idea where they could lend out more than 10:05 the Hat on deposits to the point now 10:08 where I mean with the derivatives that 10:12 they they have created you have like I 10:14 know no one even has a slightest idea of 10:17 fifty trillion dollars or something is 10:19 you know in play and and the actual 10:22 money the actual all of the sum total of 10:25 dollars and things that are in existence 10:27 aren't even like point you know zeros 10:29 are 1% of that so we're in a faith based 10:33 economic matrix where people are just 10:37 trained into thinking that the creation 10:40 of credit by the bank is equal to the 10:43 creation of something that's valuable 10:45 and wealthy and and wealth created yeah 10:48 and so that's that's really um you know 10:52 I think the first thing we have to do to 10:54 him is to get people understand that the 10:59 oligarchs have deliberately through the 11:04 creation of you know the Federal Reserve 11:05 System have given the the banks the 11:10 primary banks that own the Federal 11:12 Reserve and the Federal Reserve is a 11:15 for-profit and legally owned corporation 11:19 it's owned by the large banks in all of 11:22 the banks actually in the Federal 11:23 Reserve System have stock in the 11:24 corporation but as far as anyone knows 11:27 and remember you can't audit this this 11:30 is something that is just gleaned by you 11:32 know inference and analysis that the 11:36 primary banks have the voting control 11:38 over the side 11:39 they're the ones who can create the the 11:41 people who will sit with the 11:43 appointments from the government and 11:44 make the policy of the Federal Reserve 11:47 it's all done in secret no one has 11:50 really any understanding of you know of 11:53 how much the Federal Reserve makes you 11:56 can't audit it and the Federal Reserve 11:57 does make money but moreover you know it 12:01 is a legal corporation owned by the 12:03 banks no one has any idea really of the 12:08 relationship between the federal servant 12:10 the banks that it owns I mean during the 12:13 2008 financial crisis the Federal 12:16 Reserve decided to buy the bad debt of 12:20 the primary banks right so if they all 12:23 had bad debt these were basically 12:26 mortgage-backed securities the real 12:29 estate market tanked the banks were 12:31 holding garbage these bonds were no good 12:33 the Federal Reserve stepped in and 12:35 bought them now this was a clear 12:37 conflict showing you know that that the 12:41 Federal Reserve is basically malevolent 12:44 but for the public it was a to me it was 12:48 like this is such a clear example of how 12:50 you know the dollar money the electronic 12:54 well these are just mind control 12:56 elements when the when the fetters of 12:59 can create and in this instance it 13:01 expanded its balance sheet this was the 13:04 the credit it created to basically buy 13:07 the bad debt it created a rebound you 13:10 know two to three trillion dollars of 13:12 money out of thin air to buy the bad 13:15 debt from the banks yeah triple its 13:17 balance sheet yeah it triple its balance 13:19 sheet now the question is well if it has 13:22 that power and it uses it malevolently 13:25 then why is this a power that anyone 13:29 should believe in and so I just wanted 13:31 to go back to the idea of odious debt 13:34 odious debt is something that everyone 13:36 should understand we should understand 13:37 that we really aren't morally and we 13:40 shouldn't be legally bound to the 13:42 behavior any of the behavior of a 13:45 malevolent secret society running our 13:47 government right 13:48 perfectly coherent concept but as far as 13:52 fixing 13:53 our financial world it can't be done 13:57 unless we take control of our financial 14:00 system give it back to the people now 14:04 this is going to be tough because 14:05 remember you know Congress is controlled 14:08 by the secret society any Federal 14:11 Reserve is something that they own the 14:14 dollar is ingrained in people's mind as 14:17 something that's valuable but all of 14:20 those hurdles have to be cleared too 14:22 because as the situation sits now with 14:28 their power of being able to create 14:30 credit out of thin air and give it to 14:32 tribe members at whatever price they 14:34 want they can use it that this power to 14:37 give money to the US government I mean 14:40 this is how the Federal Reserve's 14:42 ability to create money out of thin air 14:45 is what keeps the US Treasury bond 14:48 auctions working right this is this open 14:52 market quantitative easing stuff that 14:54 the money purchasing these bonds didn't 14:59 it's just money that they had that they 15:01 come up with so this literally what 15:04 we've done with our current situation is 15:06 give to the secret society unbridled 15:10 capacity to create not just dollars but 15:14 credit and wealth and there's no there's 15:17 no restrictions there's no one's saying 15:19 you know this is wrong either this is 15:21 morally wrong or this is bad for the 15:23 population I mean literally we are in a 15:26 very very precarious and desperate 15:28 situation 15:29 we've been enslaved by this by this 15:32 system which has these components of a 15:34 Federal Reserve that has the power to 15:36 create unlimited credit which then 15:39 basically can turn into dollars or you 15:42 know it has access to the same system of 15:44 dollar acquisition as anyone else's 15:47 activity like a you know like a paycheck 15:49 our for working right yeah okay but they 15:55 also have the dollar itself they dates 15:58 and since they the unit of of wealth you 16:01 know the creation that they they have as 16:04 their template is the dollar 16:06 as long as we believe in it right and 16:10 and they have control over it we just 16:13 can't make any progress we are going to 16:15 remain slaves yeah the the successful 16:19 attempt to change people's understand 16:21 what money is I mean traditionally money 16:23 I mean my question we have paper 16:26 currency but can't paper currencies 16:28 redeemable yeah you know in silver and 16:31 gold and so the precious metals and 16:34 these things intercourse silver and gold 16:36 had the properties of money because you 16:40 know they were of high value they could 16:42 be multiple industrial purposes everyone 16:45 wanted it high value to weight ratio 16:47 these things so these notes were 16:51 redeemable number they're called Federal 16:52 Reserve notes of course that what are 16:54 they redeemable in the irredeemable 16:55 notes you get more notes for them so 16:58 it's it's kind of funny there but never 17:00 lie still says a note on the Federal 17:02 Reserve Note but guess you guys have 17:06 started with people's using of paper 17:08 they became accustomed to using paper 17:11 instead of you know carrying gold and 17:13 silver around with them then of course I 17:16 think it was FDR which he used the 17:19 trading with the enemy Act I think what 17:22 were one piece of legislation to seized 17:24 private gold holdings and essentially 17:27 closing the domestic gold standard and 17:30 then of course you had you know world 17:33 world too and the Bretton Woods system 17:34 which had an international gold standard 17:38 and that's where central banks directly 17:42 would redeem the gold that was mostly 17:47 held in United States for you that you 17:48 know their dollar holdings for gold 17:50 because they never did and they once 17:53 they began started to redeem they're 17:55 asked to redeem that there's their 17:56 dollars for gold they got in trouble 17:58 there was a just turmoil in France 1968 18:02 in these things that this is course this 18:04 was because of the 60s and the guns and 18:07 butter policy and a lot of inflation and 18:10 some of the nation's creditors were 18:13 getting antsy at the fiscal situation 18:17 and estates the first to create a 18:19 problem was 18:20 was France Germany Japan really couldn't 18:22 say much because they're occupied 18:23 countries and the Gulf found herself 18:25 virtually essentially deposed after that 18:28 and then they kind of shut up but 1971 18:31 that's when Chris Nixon closed the gold 18:32 standard International gold standard and 18:34 since then there's been an explosion in 18:36 debt and inflation and it is since the 18:40 1970s pretty much the middle-class 18:44 chance in the United States has been 18:46 able to maintain its standard of living 18:49 large you through borrowing as opposed 18:53 to you know a savings and increased 18:57 wages and so that's kind of been the 18:59 trend is they traded they've traded 19:02 higher wages for higher credit card.i 19:06 higher credit limits so you just more 19:10 and more in debt and Chris when you're 19:14 in debt you're you you're the debtor is 19:16 enslaved to the creditor and the system 19:18 is all designed to help the creditor no 19:20 matter how odd is the debt and then the 19:23 dollar itself is debt based it's not 19:25 asset but you more understanding of 19:27 money is that it's a just store value a 19:32 currency and the problem is that if 19:38 there's a dollar is debt based it's not 19:40 a store of value but that's because the 19:42 way in crazy way of thinking now the 19:45 standard you know economists will view 19:47 debt as an asset because you can 19:50 constantly gouge the American people for 19:54 interest payments yeah but that's not a 19:57 that's really not a long-term growth 19:59 growth plan you can I'm a great plan 20:01 it's an enslavement plan and people have 20:04 just become accustomed to it you know 20:06 that's the key we just become accustomed 20:09 to him and that's what you know the all 20:12 the progress that occurred the middle of 20:13 the 20th century to be economic growth 20:15 and higher wages pretty much was 20:18 repealed in the 70s and 80s and of 20:22 course didn't had Greenspan when he took 20:24 over the Fed he kind of forgot his essay 20:27 he wrote about the gold standard and 20:29 kind of forgot about the gold standard 20:30 and he just dedicated his career 20:34 creating one asset bubble after another 20:36 when asset bubbles really are just a 20:37 pump and dump scheme it's it's asset 20:39 stripping and you can periodically get 20:42 people doing vet less than one sector or 20:44 another and of course you know when it's 20:46 going to collapse so you can get out 20:48 early and let it collapse and come in to 20:51 buy everything up for a song and that's 20:52 what's been going on right and I just 20:57 wanted to say I'm holding in my hand two 21:01 notes one is a Federal Reserve Note 21:05 which just refers to itself as legal 21:11 tender and the other one has where the 21:15 Federal Reserve Note is in a modern bill 21:18 it has the term silver certificate yeah 21:21 and underneath that it says this this 21:28 certifies that there is on deposit one 21:33 dollar in silver payable to the bearer 21:36 on demand Wow 21:39 and that was created in 1957 at least 21:44 that's the series of the the certificate 21:47 and so as it shows you just how you know 21:52 different our world is today relative to 21:55 the currency you know in 1957 you could 22:00 actually take this bill in and exchange 22:04 it for silver and the amount of silver 22:06 was specified by the Constitution mhm 22:08 okay so a dollar was worth something and 22:12 it was gonna be worth something in 22:13 silver and this was you know created a 22:16 you know basically a static aspect of 22:20 wealth storage that the dollar possessed 22:23 now this had been going on for Oh G for 22:28 you know years and years and so people 22:31 were used to it and so when they made 22:34 the transition to the Federal Reserve 22:36 notes no one really complained very few 22:41 people because we were just used to the 22:44 the idea that these that these notes had 22:47 people were just basically habituated in 22:51 and so then this was you know like in 22:56 1944 Morgenthau same guy who came up 23:01 with the morgenthau you know starved 23:05 Germany to death plan he helped the u.s. 23:08 create the Bretton Woods Agreement 23:10 and then you could that this was the 23:14 financialization of the entire world 23:16 yeah it was a it was like Keynes and at 23:21 Bretton Woods John Maynard Keynes yep 23:23 and Harry Dexter white who was a 23:25 communist yeah so the public were really 23:28 well represented Mason and too you know 23:33 Satanists and so anyway you ended up 23:38 with the IMF and the World Bank and I 23:42 just wanted to you know briefly cover 23:46 because the debt structure that that 23:50 then was created is is basically just a 23:54 macro of what's happened in the United 23:56 States and even though it you know it 23:59 may be a little hard for people to 24:01 understand it what you're seeing like in 24:04 Africa you know talk about that for a 24:07 second but in Africa you know you had in 24:12 the 70s you had the the spigots were 24:16 opened up by by the World Bank and the 24:18 IMF and you had debt created right now 24:22 this was debt that was odious debt it 24:24 was going to oleg arks who were often in 24:28 the pockets of finance seers right so it 24:33 was basically they were just creating 24:34 money and the money was flowing right 24:35 back to them in many cases the the 24:38 people of Africa were not getting any 24:41 wealthier right 24:42 however the they they of course as the 24:49 the countries started to suffer for the 24:52 result for one thing because we had to 24:53 make these interest payments they the 24:57 the African countries one by one 25:01 succumb to the IMF now what what would 25:04 happen is they would need to borrow more 25:07 money to basically pay back the debt 25:11 that they had created the year before so 25:14 they were in a situation of just needing 25:17 debt cost like they were like the US 25:19 government is today they have to have 25:21 done all created all the time they just 25:22 can't function in any other way and so 25:25 what happened was is the IMF then came 25:29 in and they had what were called the 25:30 conditionalities and so basically this 25:33 would include the privatization of 25:36 state-run industries so in other words 25:38 something that was owned by the state 25:40 which was to the benefit of the people 25:42 like a railroad you know water system 25:46 these would then be auctioned off and 25:49 basically okay but they end up in the 25:51 hands of the people who are in this 25:53 revolving door of the Western world's 25:56 financial system 25:57 hey so they would then have layoffs they 26:01 would they would void the whatever 26:03 social security provisions had been 26:05 created for these jobs and they would 26:07 just cannibalize them David also the IMF 26:11 would then demand currency devaluation 26:13 and export promotion right because they 26:17 wanted to basically take all of the 26:21 physical goods and and so this of course 26:24 then turned around and the cost of 26:27 imports in the country just soared in 26:29 every one of these cases they demanded 26:32 that that they the countries that want 26:34 to raise interest rates right so that 26:37 they would then pay for the inflation 26:39 that the debt based creation of the IMF 26:43 had caused they would demand that that 26:45 then was going to just raise the 26:46 interest rates in the public will help 26:48 you know pay back our cost of goods the 26:51 cost of goods being the the debt the 26:54 interest on the debt and and so this is 26:59 this led basically to the state of the 27:03 continent today where they've just been 27:06 raped you know it's just beyond belief 27:10 that in every instance where the IMF 27:14 the World Bank came into a third-world 27:16 country that 20 years later these 27:20 countries were all worse off and were 27:22 all encumbered with massive debts now 27:26 bear in mind that that the the money the 27:29 IMF was giving to these countries it 27:31 wasn't in some you know lock box the IMF 27:33 had saved up this was all just invented 27:36 money that that the typically the IMF 27:39 would tap the the central banks who had 27:42 just been you know create credit and 27:44 then that's what would be passed along 27:46 into you know into the African country 27:50 so I just wanted to make the analogy 27:51 that we are the African countries the 27:55 American public I mean what happened to 27:58 the African countries under the World 28:00 Bank in the IMF in the 70s and 80s which 28:03 is something that everyone can now see 28:05 there is also this is happening to 28:08 America we are this in the same exact 28:11 way all of the debt that we are 28:14 suffering with you know trillions in 28:16 student loan trillions in credit card 28:19 debt mortgages that you know go on where 28:24 we're with compound interest you know on 28:27 $100,000 mortgage into paying over two 28:30 hundred thousand dollars to the bank you 28:33 know over a thirty-year period I mean 28:35 these are all kind of high finance 28:39 clever rouges to fool people into being 28:44 in debt bondage because that's where the 28:47 oligarchs want to keep the public 28:49 because their that's where they're the 28:50 most infinite the most the easiest to 28:52 control you always have to remember what 28:55 you took at the IMF when you look at the 28:57 World Bank when you look at the 28:59 federer's or when you look at your 29:01 mortgage Tim right you have to ask 29:04 yourself where did this credit come from 29:07 who who who conjured it up out of thin 29:12 air and why do they have the power to do 29:15 that you know instead of instead of 29:18 Jubilee which again I just think it's it 29:20 really complicated I mean it works good 29:23 in the Bible but I don't think it's 29:26 going to work so good in the 29:27 you know in the modern financial world 29:29 instead of that what I would suggest 29:31 people want try to go for is a basically 29:37 it would be free money in other words 29:40 there is no reason in the world for 29:42 interest to be charged there's 29:44 absolutely no reason why it why for 29:47 example is the United States government 29:49 paying interest on its debt when it has 29:53 the capacity to create currency yeah 29:55 it's completely insane yeah so so what 29:59 we should have is it's instead of one 30:02 giant Federal Reserve that's owned by 30:04 these wealthy of banking families why is 30:06 there an income tax whether there 30:09 shouldn't be I mean you see the the idea 30:13 that I would advocate is that if the 30:15 government needs money 30:17 it should be able to charge interest but 30:20 that interest is owned by the government 30:22 and LU of taxation and then that is the 30:24 revenue that it can use to pay for its 30:27 basic services hey you know you don't 30:29 you don't that's would be the only 30:31 reason that interest should ever be 30:33 charged would be that the people agreed 30:35 that we would use the interest as money 30:37 we raise for our public services well 30:40 cuz get basic governments therefore 30:41 rent-seeking opportunists that's what 30:44 it's all about the corporation's to 30:45 write to your class and that's the 30:47 bondholders and these also people seek 30:48 all types of monopoly privileges and 30:50 things like that and that's kind of what 30:52 what this real function is but the 30:54 process she described in Africa is 30:56 spelled out very well by John Perkins 30:57 Erzberg confessions of economic hitman 31:00 and this isn't just something just 31:02 unfolded because this is where the you 31:04 know economics worked out this is 31:06 according to him and I couldn't looking 31:08 at the evidence it was a plans and his 31:10 job was to go in to convince countries 31:11 that were you had Ramat ears or a deem 31:16 strategically important to the United 31:18 States to accept these enormous loans so 31:20 suppose that infrastructure development 31:22 I suppose he benefit everybody of course 31:23 what it did was usually just enriched a 31:25 local you know elite that were supported 31:28 by the by the United States by the West 31:30 and the money would pour in for his 31:32 lucrative projects a lot of concrete in 31:34 law things would be bought but a lot of 31:36 money would be siphoned off you know in 31:38 the Swiss bank accounts 31:40 or infrastructure was built it was to 31:42 the benefit of ExxonMobil you know 31:45 infrastructure to help the corporations 31:47 mine the resources and this such an 31:49 important point is that the money being 31:52 lent at this time isn't money that 31:53 exists it's money to create a thin air 31:55 so ultimately these corporations the 31:57 banks of the West are getting hold of 32:00 real assets whether it's the labor the 32:03 rama tears the land of these countries 32:05 or the invert infrastructure of these 32:07 coaches which is actual wealth for 32:10 nothing exactly no sack for nothing and 32:14 that's the important point 32:16 same thing you pointed we're all 32:18 Africans are all you know Latin 32:19 Americans you know we're all agents in 32:21 this regard because we're Americans are 32:24 confronted with the same deal with their 32:26 credit cards or with their student loans 32:28 or their car loans or their mortgages 32:30 yet facilitates the purchase of 32:32 sometimes goods which they deemed to be 32:34 a benefit whether it's an education 32:35 automobile or a house a roof over their 32:37 head but again these these banks are 32:40 creating money out of thin air to buy 32:42 these things in the first place and this 32:45 isn't money that this is depositors 32:47 money and this isn't that doesn't 32:49 reflect someone's deferred consumption 32:51 and or someone's risk which justifies 32:53 which would justify interest or some 32:54 sort of fee this is money created out of 32:57 thin air so what's the where's our 33:00 justification for any interest at all 33:01 there isn't any it's just pure plunder 33:05 and you know under under the cover of 33:07 the smoke and mirrors we call high 33:10 finance 33:11 the alchemy of finance exactly the 33:14 alchemy of finance and the alchemy of 33:17 finances is actually it's like a magic 33:21 trick that's easy to expose and it's 33:24 just that they're able to create credit 33:27 out of thin air and charge us interest 33:31 on that credit and we put up with it 33:34 just because we have been habituated 33:37 into believing that this is a you know 33:40 assist that is this how the system is 33:42 right so the the odious debt is a great 33:48 concept and I really hope that people 33:50 you know will start using it but we 33:54 have to go beyond odious debt and we 33:56 have to you know go into the idea of 33:59 odious credit and the odious power of 34:03 credit that's really where the where as 34:05 a crime against humanity is being 34:07 orchestrated it's in the when they 34:10 created the Federal Reserve it was with 34:14 you know they had the banking panic I 34:17 can oh seven he Knickerbocker trustee 34:20 and and so just allegedly started like 34:24 by JPMorgan with the same guys who were 34:29 supposedly you know you know going to be 34:33 the lender of last resort and this is 34:35 what they always do they create a 34:36 situation where the economy is always on 34:38 the precipice of disaster yeah so they 34:41 can nudge it off if they want to or 34:42 threaten to and then kill it and 34:44 concentrate you know you know basically 34:47 through the panic I concentrate more 34:48 wealth this is what they've always do in 34:50 these things yeah and and so they and 34:53 they concentrate the wealth in a number 34:55 of ways they debase the currency that 34:57 the public has they're always you know 35:01 because they need to be able to expand 35:04 credit constantly they have to always be 35:07 debasing the currency I know there is by 35:10 that I mean just making more and more 35:12 units of dollar wealth in existence yeah 35:16 we may not see it because they haven't 35:18 actually increased them physical money 35:20 supply you know in the old days you'd 35:22 see people with wheelbarrows yes yeah 35:24 Jeremy mark them that isn't the they are 35:28 they're far more sophisticated than that 35:30 today we're not going to see that kind 35:32 of inflation ever again what you're 35:34 going to see is a is basically as a 35:37 electronic system that is just 35:40 exponential in terms of feeding itself 35:43 and then that will lead to a lack and 35:47 belief in in the current in the dollars 35:49 that even a few dollars or even in 35:50 circulation is just that you know we're 35:54 we're going to have to in order just to 35:58 service the debt that we have we're 36:00 going to have to just continue to 36:02 increase the amount of credit that's 36:04 created for the federal government 36:06 for the states for the state governments 36:08 with municipal governments all of these 36:10 things need these so called bailouts the 36:12 bailouts are always electronic creation 36:14 of money and as you look in the future 36:17 of our country we are in the same boat 36:20 that Africa was in in 1970 1980 where 36:24 we're gonna have to borrow more and more 36:26 yeah and these local there goes the end 36:28 of like local government because these 36:30 municipalities and cities that have 36:33 expanded the the public infrastructure 36:36 you know the public payrolls these 36:39 things they want to maintain their 36:40 payrolls awesome they find like the real 36:42 estate market collapse these bubble 36:44 collapse also in the tax base isn't 36:45 there anymore and they're going bankrupt 36:47 when they appeal to a bailout like New 36:50 York did in 1970s we never drop dead for 36:52 to New York drop dead but now what's 36:55 happening is they're getting grants and 36:58 some you know Sophia's small sum talks 37:00 about this now this is one way that 37:02 they're imposing their globalist agenda 37:04 is agenda 21 is to these loans and 37:07 grants that are created out of thin air 37:10 to implement agenda 21 programs like 37:14 stack housing and these things they're 37:18 bike paths and developing these things 37:21 of course the local officials kind of 37:23 get this is very analogous to what's 37:24 done in Africa is the local officials 37:26 get their cut 37:27 so they're easily bought out and at the 37:30 same time no longer is local government 37:32 funded by a local tax base that are 37:34 theoretically at least more responsible 37:37 it's more accountable to the to the to 37:40 the electorate now they're getting money 37:42 either through federal grants or these 37:43 you know new world order grants more or 37:46 less these agenda21 grants that are just 37:47 being provided ultimately through the 37:49 financial system that again this is 37:51 money created out of thin air you know a 37:54 lot of the lot of these some the police 37:56 force is narrow funded by these grants 37:58 federal grants and you have a federal 38:00 government I can just run up debt after 38:02 went up debt you know 220 $20 and 38:04 they're issuing grants the local law 38:06 enforcement to buy tanks and militarize 38:09 the police force yeah exactly 38:11 I mean the thing is is that you hit it 38:14 right on the head 38:15 yeah I am in complete agreement with 38:17 Sophia a small storm in terms of how the 38:20 grants are operating they are really how 38:23 agenda21 can be implemented and and it's 38:25 so clever people don't see you know how 38:27 they're actually doing it with with the 38:30 offering of the grants right to two 38:33 municipalities they can then you know 38:37 say well okay so here's your money 38:39 you've got to get your parks you're 38:40 gonna get this new building you're gonna 38:42 get some roads but of course you know 38:45 we've got to make sure there's social 38:46 justice and so we're gonna need a 38:48 transgender bathroom we're going to need 38:52 the right kind of integration you know 38:54 they're different different races that 38:56 we want to have in here you know and so 38:58 now the sovereignty has been sold down 39:03 the river tea visit expression right the 39:06 sovereignty of the local area all of the 39:09 capacity to create zoning is gone 39:13 that's how but that's how the grants you 39:15 know work is that they circumvent all 39:18 the local zoning a lot of which still 39:21 had it at least have made it difficult 39:24 for some of these aggressive transgender 39:28 and EDA and integration and feminist 39:32 kind of programs be implemented because 39:34 you know it's like the way that that 39:36 people will try to resist that is is a 39:40 lot of times just by keeping existing 39:43 laws static and particularly in terms of 39:45 growth right else well you know we we 39:48 just have these anti growth ordinances 39:50 and we're not really trying to preserve 39:52 a European centric culture with a lot of 39:56 like you know heterosexual males in it 39:59 we really are just we're just opposed to 40:02 growth you know but then when you have 40:04 the grants being offered they because 40:07 they're federal difficulty they are they 40:09 transcend and so of the ordinance that 40:11 that you had and that works for everyone 40:14 else but it doesn't work for these the 40:16 new structures that the grants are 40:18 creating so it's you know it's it's they 40:22 that that kind of manipulation is a 40:27 little different than the stuff 40:28 that Africa where where they were just 40:30 funding countries who didn't you know 40:34 they'd been cut off from from money and 40:36 we're told that they had to pay back 40:38 because they you know created odious 40:40 debt in those sort of things like they 40:42 create economic destabilization because 40:43 one of the one of the objectives of the 40:45 Yom Kippur War was this crippling of the 40:50 price of oil which they ceded in doing 40:53 and this overnight made a lot of 40:56 ventures like the North Sea oil oil 40:59 operation also the Lee of the Alaska 41:03 Pipeline profitable overnight 41:05 I mentioned the course the creation of 41:07 the petrodollar and this thing how the 41:08 Saudis promised to you know to only 41:12 accept dollars for their for their oral 41:13 exports and they seen that and thrown 41:15 the dollar but it also this energy 41:17 crisis came at a key moment in the third 41:20 world because it's stifled growth in the 41:22 third world and made them go deeper and 41:24 deeper into debt which then enabled the 41:27 folks like Kissinger to use food as a 41:30 weapon to an to impose but you know 41:34 population control methods these things 41:36 and he himself on national security 41:38 study memorandum two hundred nineteen 41:40 seventy four so this was an opportunity 41:42 to reduce the population of third world 41:44 you know by uh by twenty or thirty 41:46 million because he saw it as a national 41:48 security threat all those people to the 41:50 United States really a threat to the 41:52 financial oligarchs the people the 41:55 plutocracy that controlled the United 41:57 States but this is an example how use 41:59 the economic warfare exploiting the this 42:04 country's desperation drive from deeper 42:05 deeper and deeper into debt then turn 42:07 around and go well no no no can 42:09 continued loans even food aid is 42:10 dependent upon you imposing you know 42:14 forced sterilization programs I didn't 42:15 in the air these things so so that yeah 42:19 you know yes again creating desperate 42:23 situations for people and this was a 42:25 cover for like just coercion you know 42:28 well you're we're rich and in order for 42:31 us to help you you had this but of 42:33 course we're making keeping you poor 42:35 right and you know in in then like 42:41 Sophia 42:42 and in I live in California and here you 42:47 have mandatory vaccinations that you've 42:54 got this agenda21 grant system that's 42:59 that's creating these aggressive you 43:02 know culture changing programs I mean 43:05 it's just a toxic soup out here buddy 43:08 yes we had a local scandal regarding 43:13 this bike sharing program I mean if 43:15 you've seen us where the spikes are set 43:18 up on racks you can rent them for an 43:19 hour two people use them all this stuff 43:21 or it turns out the program costs like 43:24 $10,000 a bike or something yeah it's a 43:28 car price and price of a cheap car you 43:32 know used to be well anyway 43:34 well you know how do you explain that 43:36 well that's a lot of bribery a lot of a 43:39 lot of a lot of embezzlement going on 43:41 there it's like yeah how to explain 43:42 choice Osman Singh at the Pentagon all 43:45 that money reflects you know people 43:46 saying yes to this stuff and all this 43:48 and so they're making conditions were 43:50 you know getting people accustomed to 43:52 only having bikes bicycles as opposed to 43:55 automobiles so we can be like the 43:57 Chinese I guess I don't look back in the 43:59 60s and 70s in California they're very 44:03 aggressive about ride-sharing 44:05 I went to a lecture given by state 44:08 bureaucrat about this a few days ago and 44:13 he was just saying you know this is the 44:16 future private cars they're gonna find 44:19 ways you know basically to D incentivize 44:22 those things there's a street congestion 44:24 they won't manage the faculty and and so 44:28 you know they're you know and so he was 44:30 showing a pictures of the of the cars 44:32 where they have basically like little 44:33 vans they don't have a driver's see the 44:38 cars are completely controlled by a 44:40 computer that just takes the workers and 44:42 drops them off and and then you know 44:45 takes them you know to the store to buy 44:48 the company store to buy you know the 44:50 glyphosate you know 44:51 wheat products that you've heard about 44:54 I'm like the target cities and the where 44:57 their apartments above the target and 44:59 everything you need is at the target 45:01 below and we're gonna move into a 45:03 situation that I think the idea there 45:04 idea there's gonna be like you know the 45:07 Walmart the Walmart community the target 45:11 community and you'll be assigned to 45:13 these kind of corporate environments and 45:15 you'll work in that environment you live 45:17 in that right you live in the target 45:18 environment and everything will be 45:19 planned and you know these things and 45:21 you'll you'll get meat on your birthday 45:23 and that's it maybe really it's really 45:26 like the feudal system the fuel system I 45:28 think is sort of the template for this 45:30 and in that system you know you had to 45:32 keep the the same occupation as your 45:35 father a mother and you you also 45:39 couldn't move you know you were just if 45:42 you you know we're born and you know in 45:46 Rome that's where you stayed you 45:47 couldn't leave you you you had to stay 45:49 there work the same job basically it was 45:51 completely static 45:53 and so that's you know when you talk 45:56 about the target town and the Walmart 45:58 you know zone I mean yeah this is the 46:01 course is where they're gonna be taking 46:02 people and and all of this everything 46:04 that we're talking about you know is 46:05 transitioning and you know it's it's all 46:10 the the there's you have money and the 46:14 media these are the two things you know 46:17 that they use to create the slave system 46:19 they can manipulate the political system 46:23 they can manipulate you know obviously 46:25 with that you know the military and they 46:29 can keep people from understanding that 46:32 we're in a developing slave state with 46:34 the media because you know you have the 46:37 distractions I mean this this absurdity 46:39 with Trump and the porno star I mean 46:44 that that's this just reeks of you know 46:49 bread and circuses you know it's just 46:51 some contrived event that they're using 46:54 to keep people titillated focused on it 46:57 while at the same time the agenda21 47:00 process is you know exactly what's wrong 47:03 I mean think about it 47:04 consistently really if we're supposed to 47:07 be offended that Trump may have had an 47:09 affair with the with it with a porno 47:11 star some years back and there was some 47:14 deal which she was given a nondisclosure 47:16 agreement or settlement or something 47:18 we're supposed to be offended by this 47:19 well finally could be offended by it we 47:21 all knew what Trump was before he's 47:23 elected or I'm not really shocked he's a 47:24 womanizer but nevertheless we're 47:26 supposed to be more I guess the media is 47:28 immorally finds this morally 47:30 objectionable nevertheless they're 47:31 promoting transgenderism homosexuality 47:33 and what basis do they judge I mean to 47:37 me shouldn't they be tolerant of a 47:40 philanderer 47:41 I mean but what moral judgment the same 47:44 people who promote sexual liberation 47:45 yeah well there's gender ISM how do they 47:48 judge Trump's ass yeah is here you have 47:53 suddenly people with great umbrage you 47:56 know concerning Trump's behavior who are 47:59 also promoting transgender and 48:02 homosexual agendas and you know whoa 48:05 wait a second what kind of sexual 48:08 standards exists in those communities 48:10 have you have you ever heard anyone say 48:13 you know I really would like to support 48:16 a homosexual and transgender cultural 48:20 promotion in schools but I need to have 48:23 an understanding about kind of the moral 48:25 basis of these communities in culture 48:27 yeah how the statistics I have which 48:31 were you know available during me the 48:34 AIDS epidemic indicated that in the 48:37 homosexual community and the in the 48:39 groups that they were studying the 48:41 median number of sex partners per year 48:44 was three hundred three hundred that was 48:47 the median right this was during the the 48:50 bathhouse era so it was probably a 48:52 little worse than the normal but in my 48:54 quest as that certainly raises the 48:58 possibility that there is extramarital 49:02 activity in this community today and 49:06 yeah and yet we have the umbrage about 49:08 Trump how come what's the point of that 49:11 you know it's it's what I remember I've 49:14 already I've already 49:15 my prediction down I am betting before 49:18 he is done you're going to see Donald 49:21 Trump sex tape yeah that's that is 49:25 coming because you know with with 49:28 Clinton you he took us into the gutter 49:30 as far as I guess you could culturally 49:33 at that time with the stain dress if you 49:35 recall yeah when is a word salad right 49:39 right and the dress the stain dressed I 49:43 mean such an obvious and contrived you 49:47 know this was this was like you know 49:50 them accidentally leaking the morgenthau 49:52 plan' you know to the to German I mean 49:54 it just it was just a clear way to 49:57 debase culture you know this whole the 49:59 whole stain dress yeah and that's like 50:01 you think about the 90s about that 50:02 that's me yeah I don't know if you ever 50:03 saw the movie Something About Mary I did 50:06 yeah right right no with in the hair the 50:09 gross they were spoofing all of that 50:12 yeah and and that was coming I think 50:14 right you know that was that was the 50:15 immediate yeah the corroboration of the 50:18 new cultural perspective you know 50:21 Clinton to take you know remember that's 50:23 the incremental ISM that's always going 50:24 on so Clinton had taken us this far and 50:27 then you started having these funny 50:29 movies go a little bit further and of 50:31 course now you've got you know the fish 50:33 is the person who's taking this real 50:35 hump into the dance so animals now 50:38 that's funny because in the 50s we're 50:40 supposed to repulsed by a fish falling 50:43 in love with a woman by the 21st century 50:46 it's a love story and well how do we get 50:50 to talk about sexual degradation and 50:52 perversion we're talking about debt well 50:54 item Dante's Inferno sodomy abuser is 50:57 chairing the same level of Hell because 50:59 this is where you get and this is again 51:02 this is mind control you know it's this 51:06 is this is the whole system you know 51:08 it's like over and over again in our 51:10 discussions we will come from a 51:13 perspective but end up you know in the 51:16 school 51:17 well yeah end up where we're trying to 51:19 basically show the you know just these 51:21 fundamental structures that are debasing 51:24 us emotionally in 51:26 and sex confuses us at beguiles it 51:29 distracts us as we're enslaved that's 51:31 what you know in the brave new world 51:33 right as sure yeah I mean it's like 51:38 money and media these they they work 51:41 hand in hand they controlled money and 51:44 you know that's the the physical power 51:47 of world really and and then that is you 51:51 know we would we would though know about 51:54 it and fight it resist it you know 51:56 because such a Wizard of Oz hocus-pocus 51:57 to trick that they're using again and 52:00 stuffs with the money creation but we 52:03 can't because the media gives us a false 52:06 reality well this is the distraction of 52:08 sex sexual sexual liberation this wasn't 52:10 Michel Foucault the deal he made in the 52:13 70s with the oligarchs was he was sort 52:16 of put out as a public intellectual and 52:18 one of these lifetime actors public 52:19 intellectuals he was gonna be the 52:21 conscience in the conscious of the left 52:23 and the left in the 70s gave up any idea 52:27 of economic justice and activism trade 52:30 unionism the idea of organizing as a 52:33 group to go against some of the 52:35 corporate oiligarchy interests there's 52:36 only a way you can practically deal with 52:38 these people and so the folks like 52:41 Michele Foucault champions sexual 52:43 revolution so people would have no 52:46 problem being impoverished losing their 52:50 jobs going deeper and deeper in their 52:52 debt long as you're allowed to go 52:53 dancing at the gay disco is me Michael 52:55 Jones says exactly I mean this is why we 52:58 I just think that every show that we do 53:02 will always end up with at some point 53:04 this you know topic because it's just 53:07 fundamental sex and sex degeneration are 53:12 you know just fundamental to the plan 53:14 and it's all one plan when when they 53:17 when they come in with these these 53:20 grants to create you know like in my 53:23 community new housing and parks and 53:27 you know they've got all sorts of 53:29 different things are gonna be doing with 53:30 them but they always slip in that you 53:33 know you need to have a transgender 53:35 component to this you need just social 53:38 justice which means you know you've got 53:39 to have integration and so they develop 53:43 a easy to enslave society right and of 53:47 course it's also one that's physically 53:49 very old because you know there's 53:53 there's just I mean the the sperm counts 53:57 are declining the you know all of the 54:00 the obesity rates you look at what's 54:02 going on to the public at least you know 54:05 we're in my communities and it's just at 54:07 Rochas tim i mean there's just so much 54:09 physical damage to the people we and 54:12 there if you are are aware of this that 54:16 this is all just a program you know so 54:19 you know when when you when you approach 54:23 the problem of the artificial of the 54:27 power to create a credit out of thin air 54:30 when you when you start to you know say 54:32 well what can we do about it you have to 54:34 always remember median money their hand 54:37 in hand 54:37 you really can't approach one without 54:40 trying to fix the other you have to make 54:43 people aware that they're being 54:46 distracted and debase physically debase 54:50 culturally distracted through the media 54:53 live given false realities and that's 54:56 why they cannot even begin to recognize 55:01 this obvious fact about the fake 55:05 financial matrix that's enslaved them 55:08 you see what i mean the two are just 55:09 they are always in play and you've gotta 55:12 to get someone to think clearly about 55:14 one they have to have an understanding 55:16 of the other i think and you just basic 55:19 fundamental questions like we talked 55:21 about this astronomic the most indebted 55:23 country and government in the world the 55:26 country in the world the US government 55:28 21:20 our national debt but its currency 55:31 still the world to reserve currency I 55:33 mean yeah any normally cannot model how 55:37 is that possible well it's made possible 55:39 because it really backs at the US dollar 55:41 is the US military right any country 55:44 that challenges the dollar you know 55:46 starts to I mean the Gulf found lasat in 55:49 1968 when he was trouble started 55:52 stirring up in France soon as he started 55:53 making trouble making gestures about 55:56 actually redeeming his dollar reserves 56:00 I was dollar hoard for gold and also 56:03 they found himself in trouble and seems 56:04 to be a pattern 56:05 whenever there's somebody who says 56:09 something about the challenging the 56:11 dollar they get they get invaded or 56:14 they're deposed this will be an exciting 56:18 year because China is evidently going to 56:23 create the petrol wand they have said 56:27 they're going to do it they have all of 56:29 the structure in place and I guess in 56:31 some sort of test sites they're all 56:32 wrecks already doing it so this will be 56:35 interesting because if there is an 56:38 alternative to buying oil with dollars 56:42 that you know it's safe and easy to use 56:45 and people stop using the dollar for the 56:49 purchase of oil then that will take away 56:51 the last sort of you know camouflage yes 56:58 that the dollar have of being an actual 57:01 store of wealth because then you'll have 57:04 all of these countries who have enormous 57:07 holdings of US Treasuries that they have 57:10 to have in order to basically use them 57:13 as collateral for you know the dollar 57:15 exchange for their oil now if they start 57:17 dumping the Treasuries you know it'll be 57:20 interesting to see because I don't think 57:23 you're going to see huge changes in 57:25 interest rates I think what'll happen is 57:27 is that in my opinion the system is so 57:29 corrupt that there is an off-balance 57:32 sheet financing Kapow capacity like a 57:36 plunge protocol the plunge Protection 57:39 Team but that yeah there's the issue or 57:42 there is the President's Committee on 57:43 markets or something which right locally 57:46 amidst and manipulating the market for 57:47 politically so I think yeah yes they 57:50 would just they would just pick up for a 57:52 period of time but at some point 57:55 I mean you'd have the see it's it's a 57:58 question of how can the malevolence be 58:02 exposed so that the common person can 58:05 see that the dollar is really not real 58:08 it's okay and one way I think could 58:11 happen is is that you could have all of 58:14 the the Treasuries in in the other 58:17 countries dumped right and they would 58:20 all because you know there are 58:21 accountings of these things and people 58:23 could see that where all the Koreans 58:24 don't own any that Japs done on any the 58:26 Chinese don't own any cheating the 58:28 Japanese I go now you know it but the 58:34 thing is but the interest rates didn't 58:35 change well who bought them and then 58:37 you'd say well it was some some Belgium 58:42 bank or some wait didn't that happen a 58:43 few years ago were like yeah yeah 58:45 exactly 58:45 first just like forty five billion 58:47 dollars I got slapped up and they were 58:49 where is that well it's just a Belgian 58:51 bankers yeah so but so the interest 58:53 rates don't change well I mean they're 58:56 at this point you have to wonder is that 58:58 is that story really gonna fly because 59:00 the to maintain the idea that the dollar 59:05 store of wealth people have to believe 59:07 that there's some kind of serious 59:09 financial you know planning and and an 59:14 application that's in back of it you 59:16 know but this I think would just expose 59:18 the you know malevolence and that it's 59:20 just a well it's but yeah the question 59:23 is how how one has to ask is how 59:26 independent is China from this because 59:28 China's capacity to establish a petrol 59:31 Wan and establish this sort of this 59:33 condominium with Russia and ultimately 59:35 Europe to exclude the the US dollar 59:38 ultimately the anglo-american Empire is 59:41 based on this plan that the rack fellas 59:45 hatched so many years ago about about a 59:47 you know straddles plan to de 59:49 industrializing us and remove all and 59:52 kind of transplant all that industrial 59:54 capacity to China in the first place 59:56 China itself is sort of a rockefeller 59:58 wet dream right I mean it's there 60:01 the idea of capitalism let's throw stuff 60:03 and this goes way back even to the hope 60:05 you know back to the Revolution in 1912 60:09 when you know and what's-his-name 60:12 the revolutionary lemon no in China not 60:16 now well Wow 60:17 not now the other guy who started there 60:19 who overthrew the Republic they Empire 60:22 the Emperor died he was a Mason 60:25 you know shank I check married into his 60:27 family but I'm saying is this launcher 60:31 playing yeah mal was always now had OSS 60:34 handlers and these things user yearly 60:36 and the whole communist phase there were 60:39 seem to be a face set up by the 60:40 Rockefellers to destabilize China 60:44 ultimately to do what what happened in 60:47 the late 70s after Mao's death was sort 60:51 of converted into this workhouse or 60:53 factory for the world and the irony is 60:57 that you know maybe this could be an 60:58 example of you know these these their 61:00 plans kind of losing control perhaps 61:04 then course they'll have to improvise 61:06 and change things a little bit but 61:08 China's capacity to challenge a dollar 61:10 it's ultimately based on the this sort 61:12 of this plan that the Rockefeller 61:14 hatched with with Brzezinski in the 61:16 seventies with you know with trilateral 61:18 ISM and I I agree with you that I tend 61:23 to smell a rat this whole thing is why 61:24 me I had a couple years ago I was in 61:27 Seattle and I had a meeting with these 61:30 Russian sailing individuals they were 61:33 undisrupted ship that's a I'm sorry 61:38 Sun yat-sen yes I'm sorry I'm sorry 61:43 named Mason anyway instead of long 61:46 talking these guys they were basically 61:48 they had these cadets and they were 61:49 showing him how to sail and it was you 61:51 know Russian government sanctioned 61:55 sailing program and I was chatting with 61:57 these guys and you know we we were of a 62:01 mind it was interesting that there 62:05 really wasn't any kind of change from 62:07 the Bolsheviks revolutions in either 62:11 China or Russia and that the people 62:13 around Putin and the people around the 62:16 Politburo in China 62:18 we're basically controlling the things 62:20 and they were this from the same group 62:22 you know so the whole world I think very 62:25 likely is you know a matrix and that the 62:29 the reality is fake everywhere he's the 62:31 company stole world's a company store 62:33 that's a company store which is grim but 62:36 it's really you know this structurally 62:39 it's hardly a bigger problem than then 62:41 if it's just in the United States I mean 62:43 basically it's the same situation just 62:45 larger because you know we need to 62:49 communicate with people who are in the 62:52 resistance in Russia and China and in 62:54 Japan - I've actually one thing I've 62:58 been doing lately is talking with people 63:00 in Japan about you know the possibility 63:03 that the whole ruling class there are 63:05 are crypto that there are actually 63:08 Korean are Chinese and that fall World 63:11 War two there was a swap out and that 63:15 you know the the ruling class the 63:18 imperial family and the financial class 63:20 that they are masons and that their if 63:24 they are not you know crypto they are in 63:29 fact you know Masonic controlled 63:32 Japanese who are don't have any 63:35 allegiance to the public to the to the 63:37 actual Japanese people and so I said I 63:39 was suggesting to these guys you know 63:43 who are in Japan that you know you've 63:44 got basically a genocide going on and 63:48 deliberate genocide I mean this is look 63:50 at your sperm count yeah look you know 63:52 the toxicity and the food look at 63:54 Fukushima look at you look at popular 63:58 culture that's very popular culture 64:00 sometimes yeah it's just complete 64:02 cesspool and homosexuality is you know 64:05 it's just which which didn't even exist 64:07 as a public component in following World 64:11 War two and I mean I I grew up there so 64:13 I have like I know that now it's just 64:16 everywhere well we well we gave them 64:18 democracy Joe yeah we sure did and we 64:21 also we also were able to choose all of 64:23 the candidates that they could pick from 64:25 and that that goes back we were talking 64:27 about a cult it financed these things 64:28 but who's buying these bonds up and 64:31 well it gets into this sort of the you 64:34 know Yamashita's gold and golden lily 64:36 and all the gold that that were hoarded 64:40 you know that the Japanese had 64:43 confiscated in there Oh 50 year 64:46 occupation of Asia and apparently this 64:49 was seized by the OSS and later the CIA 64:52 and Western banks and it's also of the 64:54 some of the black eagle trust in Europe 64:56 this you know this huge horde of wealth 64:58 that was kind of used as a black budget 65:01 and a lot of that money did go in to 65:03 Japan to establish the the Liberal 65:06 Democratic Party which is more less 65:08 controlled by the CIA and those also 65:09 goes 65:10 Cassin has also happened in South Korea 65:12 you know there's all set up in these 65:14 things and I'd argue probably North 65:16 Korea but that's yeah so what I mean I 65:20 honestly believe that if they if they 65:23 have control of South Korea they have 65:25 control of North Korea so me look at 65:26 Vietnam North and South you know that 65:28 was set up for this so-called civil war 65:30 right it was are they they set it up for 65:32 this war they they according to Fletcher 65:35 Prouty 65:36 during the Vietnam War they flew in you 65:38 know a million North Viennese into the 65:42 South to destabilize it to justify the 65:44 US intervention that was part of the 65:47 problem in the south you know they were 65:48 they were the US government was actually 65:50 shipping in people from the north into 65:52 the south I mean just dropping them if 65:54 no means of support and that creates 65:56 instability down there which justifies 65:57 us military intervention and the war 65:59 itself but if you look at the end of the 66:01 day you can see we were defeated in 66:03 Vietnam yeah it's just defeated the 66:05 Vietnam but really wasn't really 66:06 defeated in Vietnam I mean I mean KBR 66:11 was the goal what was it what's the 66:13 objective I don't think so I mean they 66:17 were able to like get a bunch of like of 66:19 American kids and wipe them out and this 66:22 seems to me to have been the goal 66:23 yeah the heroin the military industrial 66:25 complex although all the military 66:27 contracts and now what's what's Vietnam 66:29 now it's their support they're making 66:31 goods that end up on the shelves of 66:32 Walmart yeah so they were enslaved and 66:35 so yeah yeah this is the thing is that 66:38 you know they the the history that were 66:41 given this goes back to the you know 66:43 shows we've been doing 66:44 recently about the fake history is that 66:45 it's part it's it's supported by our 66:48 media the media is not there to do any 66:51 vetting of the truth it's there to 66:54 promote and to condition the government 66:56 mind control narrative and so so that 67:00 the stories we get you know about you 67:04 know Japanese population you know you 67:09 know problems because women are 67:11 modernizing and they don't want to get 67:12 married or whatever I mean this is all 67:15 just hogwash 67:15 whole thing the story about the Vietnam 67:19 War you know it's think about of large 67:23 scare population both reductions and 67:26 transformations that that's that who 67:28 who's benefiting from that oh and so 67:31 it's you know I I think and I'm just 67:34 gonna act the one point I wanted to make 67:36 Tim was that when I have this this 67:39 discussion and I this this exact theme 67:42 comes up over and over again people I 67:44 talk to particularly international you 67:45 know they're going oh it's so terrible 67:47 you know the elite Jewish banking 67:50 families and the Masons have controlled 67:52 the whole thing right it's all locked 67:54 down well okay is that a worse situation 67:58 than it's just in you know you know 68:01 Europe and in the United States I don't 68:03 think so because I what I actually think 68:06 is that since it is a worldwide lockdown 68:08 there's just all the more ways that 68:11 rebellion can occur if there's just all 68:13 the more ways that you know some group 68:16 in some country can expose just 68:19 absolutely vividly can give the exact 68:22 information that the public everywhere 68:24 needs to recognize a situation and you 68:27 start getting you know connections 68:29 between enslaved peoples you know if you 68:33 look at situation now you know for 68:35 example like in Germany where they're 68:38 bringing in you know the millions of you 68:41 know Muslim males to basically just 68:45 evaporate the German you know European 68:48 population impregnate the the native 68:50 population the way with if they have the 68:54 health department there as brochures 68:56 printed 68:57 with instructions on how to do this of 69:00 course I mean it's just 69:02 and so but but the thing is is that okay 69:05 you know and it's a desperate situation 69:08 but wouldn't the fact that there are you 69:13 know some Germans who are aware that 69:16 this is a deliberate genocide be willing 69:21 to take action be willing to find the 69:24 exact information to expose the the 69:27 people and back of this and then be 69:30 willing to share that with all the 69:31 countries of the world and inspire other 69:33 groups you see what I mean I'm just 69:35 saying is that okay it's grim you know 69:38 there Jenna citing us and they have a 69:40 lot of control if it isn't everywhere 69:43 it's pretty close to but if a German 69:45 points this out they're Nazis so yeah 69:47 but at least they but that also means 69:51 that there's a lot of different 69:52 opportunities for rebellion different 69:53 ways to repel different ways to get 69:55 information so you know we with shows 70:01 like this one 70:02 Tim step by step yeah and also if it is 70:06 I step it is malevolence I mean there's 70:08 a plan going on there 70:10 it's lot I think it's that's easy to 70:14 identify and eventually combat encounter 70:16 then if we're just dealing with sort of 70:18 a force of nature or a sort of social 70:23 law of thermodynamics where things are 70:24 just breaking down entropy know this if 70:28 it's of a plan then it's you can 70:29 identify the malefactors and hopefully 70:32 reverses by raising raising people's 70:34 consciousness 70:35 yeah well I'm yeah I mean Tim well set 70:39 exactly right that's that's exactly what 70:41 I believe is that and so it isn't just 70:44 one you know it's just not you know the 70:47 few independent researchers trying to 70:49 expose the elite Jewish banking family 70:53 crypto Mason you know kind of control 70:57 over our political system here in our 70:59 one country it's people in a hundred 71:03 Canadians all having facing the same 71:05 situation and all of them can 71:09 have a chance of exposing it because if 71:12 you can expose it in Japan you can 71:15 really blow it open right where you've 71:17 got they've lost control of the media 71:19 let me just imagine this where like say 71:22 in Japan where I've been in 71:25 communication with people 71:27 imagine if the media could just be 71:29 cracked open right and suddenly started 71:33 having stories actually describing the 71:35 truth to the Japanese people if it would 71:39 be really hard to keep that information 71:40 from having an impact in the United 71:42 States and then what if the exact the 71:45 exact same time the same thing happened 71:48 in Germany in Italy 71:49 yeah oh oh now what 71:52 because now you're going to have you 71:56 know millions of people and they won't 71:58 just be in the streets though they're 72:00 gonna be knowing at that point what to 72:02 do who's responsible what the plan is 72:05 so yeah it's grim you know if I was a 72:09 betting man I'm not sure who put odds on 72:11 but there is every chance in the world 72:14 to turn it around and when you look at 72:17 the how they financialized the world you 72:21 can see it's just you know the Wizard of 72:23 Oz which was written by Frank bon Mason 72:28 and you know he was in the uplifting 72:33 Lucifer Society with Walt Disney you 72:36 know you know he described you know a 72:40 guy behind a curtain and and he would 72:43 just mind-control people he'd say here's 72:44 your diploma you're smart here's your 72:46 bleep well that's really the Brawn was 72:52 making it you know a joke for the 72:54 insiders who could all appreciate that 72:57 they they have the control over us with 73:00 the dollar with the credit with the 73:04 degeneracy right just by this veneer of 73:08 control it's just by intimidation and 73:11 bluster and and threats you know 73:14 manipulation but there isn't really 73:17 anything else and back of them they're 73:19 really just a few million people 73:21 you know it's not like they're you know 73:23 robots or something I mean they are 73:25 vulnerable and so we just have to keep 73:29 exposing the truth every single day and 73:32 every single way to everyone you can 73:34 anyone who listens to us tonight and 73:37 goes you know that seems to make a 73:39 little sense you have a moral 73:41 responsibility you have a responsibility 73:45 of a of self-defense that all sentient 73:48 beings are born with it's an instinct 73:51 supposedly right you're supposed to try 73:52 to defend yourself well if this makes 73:55 sense then your responsibility is 73:57 self-defense hey you have to go out and 74:00 that means sharing the information don't 74:02 be intimidated what's the point of being 74:05 intimidated what difference does it make 74:08 if you're not invited to more cocktail 74:09 parties yeah they're not gonna they're 74:11 not you know you're not gonna have any 74:13 fun there anyway if you know the truth 74:14 it's just a waste of time yeah yeah go 74:17 there with the idea of exchange of 74:19 getting the information across that's 74:22 what you need to do and and and just 74:24 keep doing it everywhere everywhere you 74:27 can you got to just keep promoting it 74:28 and we're gonna we're going to get lucky 74:31 if we keep doing this I mean they've got 74:33 all kinds of lifetime actors buried in 74:35 the alternative media who cares if if we 74:40 can get a few countries to have have to 74:45 lose control of their media right so 74:48 that the stories are just gushing out 74:50 we're suddenly thousands of responsible 74:53 and honest reporters are cracking wide 74:56 open this masonic control say in japan 74:59 and i'll give it as an example which is 75:01 a place I really have hopes for wow it's 75:04 gonna that would become a story in 75:06 itself now of course they're going to be 75:07 saying well fake news yeah this the 75:10 whole the whole Japanese country 75:12 it's his bikes are coming to fake news 75:14 but you know Tim that's gonna be a 75:18 little bit harder so isn't it 75:20 you know yep it's a bit tougher if 75:22 suddenly you know you start having um 75:24 you know trials with evidence showing 75:29 you know that table these people or 75:31 cryptos you know trials showing that you 75:34 know these financial guy 75:35 mason's right trials with evidence 75:39 showing here's the actual transcript 75:41 let's look at how you mean when David 75:43 Rockefeller flies to Tokyo and meets 75:46 with you know the Emperor this little 75:48 midget who I think is actually a Korean 75:51 you know what if that could be recorded 75:54 yeah there what if there are tapes and 75:57 things like that you know well I don't 75:59 have them Tim but man I can hope can't I 76:02 and so that's that's what you have to 76:05 hope for and that's we have to try to 76:06 bring about it's just break open the 76:10 fake media because that'll expose the 76:13 fake reality and the fake money and 76:15 believe me you start getting a compact 76:19 you know countries starting to you know 76:20 collapse I mean even I would say Vinick 76:22 in Africa you know they're not because 76:27 of the you know the cultural destruction 76:30 they're not highly regarded as sources 76:32 of accurate information like like I 76:35 think Japan would be yeah but they're 76:37 very vulnerable to to revolution because 76:41 they are the Masonic control is not as 76:44 structured you know yeah so it's easy to 76:46 imagine a fluid situation in those 76:48 countries becoming suddenly a source 76:50 where they're going look it we've we've 76:52 gotten we've got a confession we have 76:54 confessions of people who are 76:56 interacting with the with 76:57 representatives of the secret society 76:59 all of Africa you know the you know 77:02 start exposing we know what happened to 77:03 Qaddafi who's running South Africa all 77:05 these things start to come out well if 77:08 that happens at the same time then you 77:11 have a weight and like Japan loses 77:13 control over the controlled media 77:16 brother brave new world is not maybe as 77:20 close as the oligarchs would like you 77:22 know yeah 77:23 maybe we can resist okay Joe do you be 77:29 covering it on that sunny note yeah 77:33 let's see I was gonna say um so no no 77:38 mandatory evacuations this week but we 77:41 did have a terrible earthquake I heard 77:43 about that I asked the coast they're 77:44 right it was rolling my my house was 77:47 just rolling books fell off the book 77:49 case or didn't follow up but they you 77:51 know kind of moved around and then left 77:54 and so you know fire flood avalanche 78:01 earthquakes you know what God has a 78:05 sense of humor so I'm hoping that he's 78:11 going to have a sense of humor to us you 78:14 know does and the people listen to us 78:17 all of the people who are enslaved by 78:20 this fake money system and we get you 78:25 know we actually start to break apart 78:27 this system so we can create some you 78:31 know we need tranquility to have the 78:32 right kind of life and you can't as a 78:34 debt slide so that's the objective isn't 78:38 never a quiet moment with sit back and 78:40 reflect and think again keep everyone 78:43 running on the hamster wheel there so 78:46 they can't think start to reconsider or 78:50 contemplate what their conditions are 78:52 what's being done to them that's how the 78:54 system is designed the miracle of 78:56 compound interest yeah the gift that 78:59 keeps on gauging as they say yeah yeah 79:01 so put you right back in the hamster 79:03 wheel but don't worry you've got the 79:05 video screen turned on to the Donald 79:07 Trump sex tape that's true and you have 79:09 something like good-looking Fox News be 79:11 telling you about it yeah you know the 79:16 Fox News babe it's a completely 79:18 salacious outfit on telling you what a 79:20 cultural degenerate you know and of 79:25 course they have pictures of the porno 79:27 queen constantly they just can't sure 79:30 enough you know so we're just being 79:32 manipulated and you know turn that stuff 79:35 off and listen to us I'm Tim we we're 79:39 trying our best to be real anyway yeah 79:41 at least us and a few other people out 79:45 there perhaps there's a lot of people 79:47 yeah okay Joe thanks a lot thank you so 79:50 much talk to me 79:54 [Music] 80:40 [Music] 80:49 [Applause] 80:52 [Music] 81:11 [Music] 81:34 [Music] 81:40 [Music]
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