Economy & Geopolitics/ Off-the-Grid
Date:07-27-10
Host:George Noory
Guests:Nick Rosen, Craig Hulet
Appearing during the first half of the program, analyst Craig Hulet offered commentary on the economy, and geopolitics. American corporations like GM are now conducting more of their business in places like China, he said, adding that a lot of the bailout money to the banks has also gone overseas for lending. The Wall Street reform bill has no stipulations to regulate the derivatives market, and favors large banks which will continue to buy out smaller banks, he noted. He characterized the current situation as a "mixed economy" in which authority emanates from a central power like the Federal Reserve, keeping the dollar low, and inflation high; yet the amount of actual dollars in circulation are at the lowest level since the Great Depression, and that indicates deflation.
He foresees a scenario in which Israel attacks Iran, and America gets drawn in. For the US and its allies, Iran has always been the target, but they weren't prepared to dominate them until they physically surrounded them by occupying Iraq and Afghanistan, he suggested.
Wednesday, July 28, 2010
COAST TO COAST AM IS COOKING!
I noted before Art Bell's guest who spoke in favor of man-made global warming and now George Noory had Craig Hulet on last night and among many other things (see below), he said there was no justification for the Iraq War. Here's the summary from the Coast site:
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1 comment:
I doubt however if the economically and military quagmired US can muster the bravado to attack Iran or neglect to veto an Israeli attack.
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