Coast to Coast AM - 7/10/11 - (Economic Crisis) Joe Meyer

Financial analyst Joe Meyer provided an update on a number of facets surrounding the economic crisis including the debt ceiling, the dollar as world reserve currency, and the rising price of gold and silver. Chillingly, he expressed absolute certainty that the United States is facing an impending double dip recession. In order to turn things around, Meyer suggested a massive overhaul of America's infrastructure, in order to help create new jobs, much like the WPA helped the US end the Depression. In the long term, he pointed to three "cornerstones" that will need to be enacted in order to develop an economic recovery that can be sustained: revitalize manufacturing, bolster consumer confidence, and increase the savings rate.

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[Gary1111001]

cont.....

removing the gold standard, then printing money with no backing, and borrowing money from overseas, and having the interest pile up.

We keep voting for the 2 parties that've been screwing us. They're too investing in corruption.....only a 3rd party will correct things.

I vote Green

I own gold and AG

I eat natural/indigenous (high fruit and veg)

I'm prepared.

[Gary1111001]

Yes, it was our gov allowing:

-jobs sent to other countries,

-businesses to go overseas,

-the hiring of non-citizens who send their paychecks back home. removing the gold standard, then ....cont.

[devin627]

just printing paper money does not mean there is anything substantive backing it up

[deg050607]

Ron Paul 2012 return to the gold standard.