Collapse of the Dollar & Public Hypocrisy -- Coast To Coast AM - April 28, 2014

Date:     04-28-14
Host:     George Noory
Guests:     James Rickards, Zac Bissonnette

In the first half, investment banker and risk manager James Rickards discussed why he believes the coming collapse of the dollar and the international monetary system is entirely foreseeable, and what we can do to protect ourselves. The International Monetary System has actually collapsed three times in the last century-- 1914, 1939, and in 1971 when Pres. Nixon took the dollar off the gold standard, he pointed out. When this happens, it means that the major financial players in the world get together to rewrite "the rules of the game," he said. The incidents of collapse were all tied to wars-- WWI, WWII, and Vietnam, he added.

The next collapse will likely result in a high inflationary period and the people most hurt will be those on a fixed income, whose dollars will be worth less. There are also winners during inflation, such as those with fixed assets, like owning a factory, gold, or other currencies, he continued. The dollar will still be used in the US as local currency, but it will no longer be the leading global reserve currency-- that could be SDRs, a reserve asset of the International Money Fund (IMF), he explained. Rickards recommended that people devote around 10% of their assets to gold such as the American Gold Eagle, which would increase in value during an inflationary period.

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In the latter half, Zac Bissonnette, a personal finance writer, talked about the various ways people from all professions lie to the public in sometimes outrageous, unbelievably arrogant, and hilarious ways. It's become way too easy to become a trusted authority in America-- so many of the people anointed by the mainstream media, business world, and the political class turn out to be frauds or hypocrites, he declared. For instance, former NY governor Eliot Spitzer talked about "making New York as ethical as the people that live there," he cited.

Bissonnette has found the field of self-help in particular to yield many cases of "Do as I say, not as I do." An extreme example was the motivational speaker Ernest Garlington who advocated for people finding deeper spiritual connections, and then was convicted of ordering a hit job on his wife's former husband. There was also former US Sec. of Education Bill Bennett, who published books on virtues and morality, but in 2003, it was revealed he'd lost more than $8 million gambling in Las Vegas. Beyond the hubris that seems to be a common denominator amongst such cases, there may be an element of projection going on, in which people have a dishonorable impulse inside of them, and then seek to warn others about the same human foible they are more prone to than anyone else, he suggested.

News segment guests: Katherine Albrecht, Mitch Battros


Book(s):

    Currency Wars
    The Death of Money
    Debt-Free U
    Good Advice from Bad People

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Post Carbon Civilization -- Coast To Coast Am - June 14 2014

Coast To Coast Am - June 14 2014 - 'Post Carbon' Civilization





Guests:     Daniel Pinchbeck, Mitch Battros

Host Rob Simone (email) welcomed author Daniel Pinchbeck for a discussion on his new think tank project, the Center for Planetary Culture, and his work developing a transition plan to a "post carbon" civilization.

In the first hour, researcher Mitch Battros talked about underground volcanoes melting the Antarctic ice caps (related article) and how natural cyclical events are behind weather changes.

Fukushima Nuclear Issues ~ Coast To Coast Am - January 6 2014 -

Coast To Coast Am - January 6 2014 - Nuclear Issues & Fukushima

Guests:

Scott Portzline, Arnie Gundersen, Kevin Kamps, Dr. Sherri Tenpenny

Three nuclear energy experts (Scott Portzline, Arnie Gundersen, and Kevin Kamps) in separate hours, discussed the status of the nuclear disaster in Fukushima, the cover-ups of scientific data, as well as general issues about nuclear power, and nuclear waste. Last week there was a spate of false reports about Fukushima's Unit 3 having new radiation plumes of steam coming from it, and that people living on the West Coast should prepare to evacuate, Portzline detailed. While this was a hoax, the climate of uncertainty around Fukushima has been created by the lack of truth from TEPCO (Tokyo Electric Power Company), as well as the US government, and the International Atomic Energy Agency, he commented. "In my opinion, Fukushima is a level 8 on the international nuclear event scale, (the levels normally only go up to 7)," as there are multiple sources of radiation, and the situation requires international assistance and monitoring, Portzline continued.
Gundersen concurred on the direness of the Fukushima situation-- in contrast to Chernobyl and Three Mile Island, the "spigot" isn't turned off yet, and radiation continues to leak into the Pacific Ocean. Fish are picking up extraordinarily high levels of radioactive materials, and Gundersen said he would not eat fish that comes from the West Coast. In Japan, "the epidemiological data that will develop over the next 30 years [will show that] somewhere between 100,000 and 1 million new cancers will develop as a result of this," but the nuclear industry can hide behind the fact that a high percentage of people get cancer anyway, he pointed out. Gunderson stressed the importance of stopping the groundwater contamination, and suggested building a trench of zeolite to absorb the radiation surrounding the plant.
Kamps cited that 72,000 gallons a day of radioactively contaminated water is flowing into the ocean, and that really adds up over nearly three years of time since the accident. Making matters worse, Unit 4 at Fukushima could be on the brink of collapse, he added. Some countries such as Germany are phasing out nuclear power entirely after the lessons of Fukushima and Chernobyl, he said. As an alternative, wind power has a lot of potential to be tapped, and the first offshore floating wind turbines were just installed in the Gulf of Maine, which could provide as much electricity as five atomic reactors, Kamps asserted.

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