the whole system is corrupt ... told by Laurence Kotlikoff

Jim Puplava talks to Laurence Kotlikoff about his book
Jimmy Stewart is Dead: Ending the World's Ongoing Financial Plague with Limited Purpose Banking
recorded on June 9th 2010

Category:

News & Politics

Tags:

• financial
• fraud
• Jim
• Puplava
• Laurence
• Kotlikoff
• bailout
• debt
• inflation
• argentina
• goldman
• sachs
• cds
• aig
• ecb
• jean-claude
• trichet
• bernanke
• federal
• reserve
• lehman
• brothers
• dick
• fuld
• societe
• generale
• société
• générale
• chuck
• prince
• citi
• bank
• jerome
• kerviel
• Jérôme
• Kerviel
• nick
• leeson
• barings
• franklin
• raines
• brooksley
• born
• derivatives
• hank
• paulson
• sec
• madoff
• harry
• markopolos

[dlucas90]

The fraud begins when money is created from nothing and then expected to be returned with interest. Each individual loan is an unfulfillable contract as the money for the interest was never created, a great way to steal an existing money supply such as a gold and silver based economy. After stealing all the gold and silver from the American money supply, the banks proceed to steal the value of their man made currency using the same process.

[DigitalSkyline]

@dlucas90 excellent synopsis of how the banking elite sucked all the American wealth right out from under us. All the unexploited gold that we found in "dem dere hills"... they replaced it with paper promissory notes and then took away the promise leaving us holding nothing but the paper. And still people have no fricken clue this happened.

[pcburgh01]

I'm not going to comment my rant.  I am going to listen up and learn. I love how he keeps laughing........it's that bad.

[starmanskye]

Don't overlook the major contributing cause that encouraged fanatic ruling-elite thugs to engage in ever-greater frauds, schemes & plots to betray the public & subvert democracy -- that is, making US dollar the world's reserve currency & required for OPEC oil sales. As world subsidized America's indulgent materialism, our industry & manufacturing was outsourced. The globalists who engineered the financial collapse & biggest wealth-transfer ever now demand even MORE centralized planning control!

[optionsupdate]

who dumbed down the education system? who controls what is taught in schools? 80% of the economics taught in college is garbage.

[dave777blaster]

When the tent cities are full to overload and food is no longer affordable by the masses then the North American Union will roll over America .The masses will steam roller right over the constitution, the flag and the patriots.

Then and only then will the good times roll again,until then many will suffer.

those who have not prepared will be trampled by the herd.

[theagent9]

What about Rohm (the Israeli) Emmanuel being the major force behind the fall of Fannie Mae and Freddie Mack but he puts the front man, Franklin Raines, in place to be the face of the problem. They always hide themselves behind another face. Look up Christopher Bollyn's website and learn more about the real connections behind this NewWorldOrder nazi zionist takedown of civilization. As well as iamthewitness website for books banned by the jewish controllers to keep the truth away from us

[theagent9]

All our money is created from nothing. It should just be backed with something we (America) can control. That is American productivity like agriculture and manufacturing. But we let the same jewish menace that controls gold and our money-credit system, control policies in Washington that removes manufacturing & agriculture & allows ramped illegal immigration.These people are now trying to come out and appear to be telling the truth so when the collapse is done they may have some credibility.

[midwestcharm]

We're forced to use the monopolized currency of the dollar. We need competing currencies so we atleast stand a chance. 

[dlucas90]

@CoinsFreedom ""The FED" is 12 international banks"------ that explains why the U.S. govt sometimes has to "borrow money from the Chinese central bank". It's not that our own U.S. central bank ran out of thin air to convert to fiat currency, rather, it is an excuse to claim the U.S. is "endebted" to another nation.

[bunsh1ch1]

@CoinsFreedom I've read "The Creature From Jekyll Island". The Fed is 12 banks here in the US (NY-Fed, St. Louis- Fed, ect...). The Fed is a central bank it works in conjunction with other central banks. These other central banks are not american (e.g. European Central Bank, ect...).

[dlucas90]

@CoinsFreedom Amen brother! CONSERVE the Constitution and inforce it's laws. Unfortunately, the mainstream, robber-barron owned, media has convinced most Americans that Conservatives are Rush Limbaugh type robber-barrons.

I am encouraged by the positive feed back my original comment got. I don't know why I am surprized though, I don't claim to be the "sharpest tool in the shed" and even I know to follow the money trail to its' source.