The Wake Up Call show

The Wake Up Call

Summary: Your Economic Survival? They're Not Looking Out For You. We are.

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  • Artist: Progressive Radio Network
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 Economic Failure Dead Ahead - 02/01/13 | File Type: audio/mpeg | Duration: Unknown

Bubbles and Fed stimulus cannot create wealth. Greenspan was and remains the ultimate villain. Why insolvency is essential to a healthy system. College students invariably see themselves as gifted and driven to succeed even if the opposite is the case. Narcissism is alive and well at all levels of society. The recent crisis has  taught people nothing. The recent release of Federal Reserve transcripts from 2007 show the Fed to be utterly clueless about the forthcoming financial crisis. And they still have no clue today. The only reason banks make loans today is when they are directly backstopped by the Fed. Why the economic recovery isn’t happening

 Employment Is Dead In The Water - 01/28/13 | File Type: audio/mpeg | Duration: 00:53:23

Economists don’t have a clue about why employment opportunities are so few-and-far-between. An explanation follows. The President of Iceland talks about why it is essential to let failing businesses fail – even if they are banks. Banks are not holy churches. Nobody bothers to ascertain the true causes of the Great Depression. We attempt to offer the definitive explanation. Alan Grayson interviews a clueless Fed representative who has no idea where $9 trillion went. Britain’s already-grim situation has just got markedly worse

 Time To Move On - 01/25/13 | File Type: audio/mpeg | Duration: Unknown

The problem of China and a potential conflict with the U.S. The U.S.A. is not going to change for the better. The economic system is collapsing. We may see an orderly decline or a chaotic collapse. Either way, it’s best to be absent when that happens. More reasons why the housing turnaround is a nonevent. A new real estate scandal involving Morgan Stanley. Daniel Hannan talking at an Oxford University debate about capitalism and the bailouts. ‘The Myth Of Human Progress’, an article by Chris Hedges. An advertisement for beautiful ladies to ‘obtain’ key pieces of information from business leaders. Refer to

 The Debt Cliff - 01/21/13 | File Type: audio/mpeg | Duration: Unknown

Debt-to-GDP ratios are rising everywhere. Warren Buffett says it doesn’t matter. Apart from the fact that it is insane and will bring down the entire economic system, causing massive insolvencies, social unrest and anarchy, it probably doesn’t. Despite a $16+ trillion debt, Ezra Klein thinks Washington is “making real progress”. Is everybody mad or am I just exaggerating and fear-mongering? What do I not ‘get”? If U.S. debt over the last ten years has grown an average of 9.3% per year while the economy has grown 1.8% per year, am I alone in thinking this is unsustainable? Aaaargh!!

 The State Of America Today - 01/18/13 | File Type: audio/mpeg | Duration: 00:55:14

An hour’s-worth of statistics tells the story. Very grim

 Wake Up Call - Background And Historical Context to the Crisis - 01/14/13 | File Type: audio/mpeg | Duration: Unknown

The American Dream was taken for granted – and promptly clashed with reality. Increasing wealth was taken for granted – which is why subprime borrowers were not really being irresponsible. They genuinely believed, with the aid of precedent, that they would be earning more in five years and consequently could afford the higher interest rates they would be charged. The changing face of the corporation put paid to the Dream. A rising tide no longer lifted all ships. Matt Taibbi talks about the lies of The Bailout. Life 100 years ago seemed good, yet a world war burst onto the scene with almost no warning. Tim Geithner. The fortunes of China. Wegelin, the private Swiss bank goes bankrupt. The inferior quality of health suffered by Americans compared with other countries

 Who Controls America? - 01/11/13 | File Type: audio/mpeg | Duration: Unknown

The overwhelming onslaught of rules and regulations is yet another factor rendering America unfit for human life! This trend would surely have been very hard to predict fifty years ago yet it is part of your daily lives in the U.S. today. Several examples of the invasive intrusions into your lives. Complaints about working conditions are severely proscribed by the unemployment situation and the need for people to maintain their jobs. A discussion on how America is financed. Free capitalism has been hugely discredited worldwide (only 11% believe it is a good thing). Many people interviewed in the survey felt that the demise of the old U.S.S.R. was a bad thing. Japan’s debt reaches 1 quadrillion yen (that’s a ‘1’ followed by 15 zeros)

 Taken For A Ride… Betrayed… Fooled… - 01/07/13 | File Type: audio/mpeg | Duration: Unknown

Read Matt Taibbi’s article: Secret and Lies of the Bailout from the latest Rolling Stone. Most of us knew we’d been had but Taibbi manages to put it all together in a clear, lucid and riveting fashion. The degree of subterfuge from the highest levels of government over the bailouts was/is breathtaking. Yet addled Americans remain ignorant and unconcerned. No wonder it’s so easy to take their freedoms away from them. They don’t even notice! The social system in America simply doesn’t work. The seriousness of the problems of America today surpass anything that is ever discussed – even by the America’s severest critics. Now they’re going to bailout the students. It had to happen. It was just a matter of time. More on the outrage of the falsified unemployment figures. A quick ‘tour’ of cities in trouble with safety concerns. The social decline is spreading all over the country now and degenerating into ever-increasing violence

 Charming! - 01/04/13 | File Type: audio/mpeg | Duration: Unknown

The FEMA Corps will be a paid, full time, standing army of government youth. FEMA Deputy Administrator Sarino explains: “The new members, who range in age from 18-24 years old, will contribute to a dedicated, trained, and reliable disaster workforce by working full-time for ten months on federal disaster response and recovery efforts.” What is the US federal government preparing for? And why does it feel it needs an army of brainwashed youth, millions of guns, thousands of armored fighting vehicles and literally billions of rounds of ammunition just to provide relief to the American people during a natural disaster? Any historian will tell you it sounds more like the arming of the Hitler Youth than an army of first responders fighting forest fires and hurricanes. My thrust this year will be on emigrating (detaching yourselves from the above) and I hope the monthly Meet-Up Group meetings in New Brunswick  will help to further the theme. Ban on bottled water in Concord.  Gallup’s poll showing American attitudes to the current recession (depression)

 Wake Up Call - The Perils And Pitfalls Of Innovation And Progress - 12/31/12 | File Type: audio/mpeg | Duration: Unknown

Why the system must collapse. Progress simply does not have the life-changing importance or job-creating potential of the invention of the automobile, air conditioning, electricity, indoor plumbing, gas stoves for the kitchen… A reminder that Alan Greenspan did, in fact, exist. He is not just an ugly fantasy from the past. The story of Reagan. The media’s vested interests. The horrendously weak economic ‘expansion’. Why commodity prices are going to collapse. Pew Research’s ‘Lost Decade Of The Middle Class’. Barry Ritholtz’s underlying biases do not help his intellectual abilities

 Gun Control Discussion Today? Sorry, Wrong Show - 12/28/12 | File Type: audio/mpeg | Duration: Unknown

A full analysis of deflation vs. inflation. I aim to show conclusively why we are not headed for an inflationary upheaval as so many pundits claim. I show the historical context which inexorably leads to deflation after bubbles pop. In addition, this is exactly what has just happened in Japan. Demographics play the major part in this process. The retirement crisis. Ending the era of Ponzi finance. We are very close to the end of our version right now. Retail sales at their weakest since 2008. Some recovery! A detailed history of migration and its causes. Corruption in Greece – the sordid details

 Wake Up Call - Next Bubble To Burst: Government Spending - 12/24/12 | File Type: audio/mpeg | Duration: Unknown

Will “the cliff” do the trick? Or must we wait for the wave of municipal bankruptcies to kick in first? Why has government spending accelerated if we are truly in a “recovery”? Why is the Fed massively padding its balance sheet? How much of the economy is sapped by unproductive activities? With government responsible for almost half of GDP, how much longer will it be before private business just gives up altogether and America wakes up to a Communist society? It is moving inexorably in that direction. Some statistics proving the presence of deflation. The consequences of the BabyBoomer retirement wave. The Baltic Dry Index. Comment about Bernanke from John Hussman. A comment by Paul Craig Roberts about derivatives

 Doomsday (One Helpful Rendition) - 12/21/12 | File Type: audio/mpeg | Duration: Unknown

More on the housing market. Don’t get taken in by the usual hype and Fed manipulation. It’s just a hideous replay and it will have the same consequences. We actually need to go over the fiscal cliff. The goons in government have no idea how to handle this. They are flying blind. Nobody is in control. This is not an exaggeration. Any workable solutions would already have been applied by now – and worked! A look at America’s future place in the world. The U.S economy is in tatters. Do the math. Borrowing of 12.5% of GDP is needed every year just to keep the economy at breakeven! This is insanity. Manufacturing is down again in NY for the fifth month in a row. Same with the Purchasing Managers Index (down for a fourth time in the last six months). U.S. accusations of Chinese ‘currency manipulation’ are nonsense and they hide deeper resentments. A fascinating history of the economic and social decline in Britain from which America could take a leaf. The parallels are stunning

 Give ‘Em An Inch, They Really Will Take A Mile - 12/17/12 | File Type: audio/mpeg | Duration: Unknown

Capital controls, increased and burdensome regulation, censorship, surveillance, a tendency towards power centralization, consolidation of crony- corporate interests and, ultimately, police militarization or - The Police State. This is what you get when you allow governments to print money that they lend you and bestow upon you in the form of ‘entitlements’. They then own you because you are unable to repay the money and you are spending ‘their money’. So then they feel they can ‘keep you in line’ (see adjoining picture). The concept of growth. Peak Oil? Uh… not quite… The U.S. used to be much more egalitarian in the 19th century. What happened? The December 2012 Empire State Manufacturing Survey indicates further losses, continuing a 5-month-long decline in N.Y manufacturing

 Wake Up Call - Detroit - 12/14/12 | File Type: audio/mpeg | Duration: Unknown

More on the worsening economic situation in the United States. Greek daily life is instructive. The U.S. economy is a mirage, purchased by stealing from the future. The mirage is soon to disappear. Michigan is said to be preparing a ‘managed bankruptcy’ of Detroit. An account of the appalling degradation of its demographics. The history of the rise and fall of this blighted place. A vivid description of downtown Detroit today. The HSBC fraud and corruption ‘settlement’ (involving, of course, no prosecutions).


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