Jerome Corsi

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Wed, 14 Oct 2009|

Author of Obama Nation joins us to talk about his new book, America For Sale.

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Tags:

  1. immigration reform12:17, 12:38, 12:41
  2. Social Security3:28, 3:39, 3:46
  3. George Bush11:38, 12:49
  4. Latin America11:22
  5. John McCain12:48
  6. new book9:17
  7. Federal Reserve2:01, 2:36, 6:28
  8. White House12:29
  9. economic growth12:15
  10. Ron Paul6:26

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Automatically Generated Transcript (may not be 100% accurate)

Builder -- early storm.

And a good morning to you it is Wednesday morning already for this week his line by -- trying to award a one day suddenly it's once again. Green -- stones to back off on a chilly northeast idea the only thing I don't like about Paula is weeks as it shifts the -- for your garbage out. Does the trash goes out it. It's very -- ha ha -- I -- enough trouble remembering the every Wednesday saying and whether this is a recycle weaker not a zero -- creature of habit tradition yes right so I have to get rid of the holidays golf and let's have consistent trash pickup and affect your own course she joins -- he is well known for many wonderful books and he's got another one out America for sale. Talking about how are really are the in the concept of what our society supposed to be. Is being robbed of by his liberalism run amok time I'm hypothesize in the -- writing about Jerome welcome back to WRKO and Tom and taught how --

Great gentlemen great great equity to tell us about the new work where you're related to beat this something I don't think god. Is the major themes is fighting the new world order.

Are surviving -- global depression and preserve a US state sovereignty. And I'm very concerned that. Other demise of the dollars that trillion dollar deficit. I've heard a whole chapter on the death of the dollar the plan to destroy the dollar. And I think we're seeing that happen right now.

It was the dollar dropping in value against the Euro -- a plan in place that. Columbia economist Robert Martin Bell's father of the Euro has advanced to create this International Monetary Fund. Special drawing rights as an alternative to the dollar international trade. So the focus really about. Taking America of back and Steve Bryant the 21 century American patriots who opposed to this global itself.

So you think this is happening on purpose the collapse of the dollar.

Absolutely I mean if you take a closer look at all the treasury. Federal Reserve. They know what they're doing. Running trillions of dollars a deficit no country in the history of the world has ever just printed money. And had the currencies survive intact the Weimar. Republic of Germany is that good example.

But why would they do that just because it's good politics it helps them in the short term. Politics and our country works on a very short cycle.

Well I'm certainly for those politicians of the house and senate to vote spending bills side except that they are register defensive there'll political careers that. When it comes to the treasury or to the a Federal Reserve there's lots of internal economists and experts who know exactly what they're doing and China has been giving repeated warning China that.

Are they were about five continued trillions of dollars in the US that.

And hold US treasuries that could easily be devalued what they pay off.

we have the political will as a nation to begin to live within our means. On a sustained basis or have we not become literally. Addicted to deficits and.

Well this is a key question and I the first chapter of the book is called usaid bankrupt. They showed America for -- I go to the I US Treasury's own numbers were they to a GAAP accounting of the federal budget. And we're now 65 trillion dollars in negative net worth another word. Just the Social Security Medicare and Medicaid. We've got what amounts to 65 trillion dollars in unfunded obligation. We're gonna have to make up payment. People are owed Social Security that that -- Medicare and Medicaid. But we don't have the money in the treasury there's no Social Security lockbox there's nobody put a way to pay these benefits. And David Walker who was the head of the Government Accountability Office -- comptroller general. He went on a wake up tour 2008 yeah after he resigned telling America look -- bankrupt we cannot continue. The -- these huge spending social welfare programs that we can't apple.

It did citrus and congressman Jim McGovern whose. One of the -- leftists in our contingency here. Made that statement this past weekend on television and we're going bankrupt. I wonder why David Walker's. Toward that you talked about and comments like that from Jim McGovern don't see the light of day in terms of media coverage that with so it seems are merely a front page blazing headline.

Well I think it will have to be and it's going to be when people realize that the reality is the dollar is tanking. And I -- a whole chapter in America for sale called all the plan to kill the dollar. Goss the idea that if we take a look at the kind of resistant what I've done I've gone back to the global it. And I've shown of their own writings like Robert Martin -- he won a Nobel prize is -- at Columbia economist. He won a Nobel prize for creating the bureau.

And his argument it that a nation state is not an optimal currency area.

A regional trade area like the European Union or a North American trade -- in this work currency ought to be established. And Monday dollars in buying in the Chinese. He's openly written about the dollar is not sustainable to be a world currency for international trade. And he wants the International Monetary Fund special drawing right. They come forward to substitute. For the dollar and China and Russia hopeful that they have in this planet. It didn't happen by accident.

Robert one -- and talking and writing about it for more than a decade.

Jerome -- of course is our guest is the author of America for sale. Mr. -- if you could get the president Republican and democratic leaders in one room and urged them to do one. Thing. To prevent what you are predicting here in this book what is that one thing they should do.

Well the I guess that -- to quit spend that money that we don't count.

And thinking that it's all just gonna be okay. I have two things that would say cut taxes.

I have it another whole set of recommendations that the Pope would come to the end of the -- and say we've got to -- total global new deal. And say we need to take a look like Ron Paul says the hard look at the Federal Reserve that the Federal Reserve which is not part of the federal government the private bank. -- they're they're charging us for our money that the Federal Reserve will not even allow itself to be audited. It ought to be shut down. And the idea that income tax continues with the IRS.

50% of Americans will not pay any tax income tax in 2009. Would have the country is paying being contacted unstable. They have not paying income tax.

Won't want to vote or more benefits to themselves we need to start taking a look at. The fair tax proposals with other ways to just get rid of the IRS to get rid.

Well we seem to be an impossible situation drama and that is that Americans don't pay enough attention on day to day basis to know what's going on. In deceive the kidnapping of the country that's going on in there is this cents. -- our own named manager Billy it's like where a teenage country we think nothing can happen to us we even develop that part of our bringing out that understands our own mortality. This country like any other respect Carrie yes. And can go down the tubes and it seems to me that we have the exact right recipe in place right now. To absolutely destroy the country as quickly as possible and now we got a health care bill on the table that then exaggerates and then speeds along all those hazards.

And health care bill does not tell the truth about. How much it's gonna cost look at Medicare and Medicaid they were both paths with the idea they were not gonna be expensive programs or go into the red. That this new health care bill will be the same. Americans are gonna wake up. Because the jobs are being lost to this off free -- aid shipped to China and India. -- at page 120 the ball Alan Blinder it was a professor of economics at Princeton. He was a former Federal Reserve vice chairman. He was quoted in The Wall Street Journal 2007. This thing will lose 40000040. Million American jobs. For the next two decades. To outsourcing. In this global free trade. So what Americans are losing jobs. Seeing that we're also importing an underclass. Across the order to to compete for low paid jobs said it. Not fair to anybody it's not fair to American workers and it's not fair to illegal immigrants were being imported to be exploited. We closed the border we have aggressive immigration. But at least the people would come here would be legal and not be being set up. To be exploited. For lower wages and maybe even though benefits.

write your own course we will keep everybody. On tap to go around by your new book America for sale. It is a fighting in the new world order surviving a global depression and preserving USA's sovereignty American America for sale from -- thank you for being here again good to talk with you.

Thank you -- always a great pleasure of the full support the tea party movement that's how all.

And also the rise 21 century American patriot.

Already thank you sir and that's really where -- where we need. That's who we want you we need America to wake up we need everybody to wake up its very nature sing to me. The did the difference between the story lines you know on the surface you have the story line the Obama story line of the the savior of if on liberalism being compassionate if only we could just Rupert spend more money. To make people's lives better we'd have a more humane more successful country and the reality of what's going on is the exact opposite we are at an emergency point. The alarm should start wringing over the fact that we have squandered our wealth. We have created obligations on the part of the government already that are not sustainable. And what are they wanna do they wanna create new ones that are unsustainable. On top of the existing ones that are unsustainable as a way to cure the ones that are unsustainable already. -- Now it is a legitimate question as to whether we have first of all the civic awareness of the political knowledge and secondly the political will to do something about this. We don't have any political well what we -- because people don't pay any attention well -- it seems to me the only way we fixes when we drive off the left. And they'll say all of those people were saying there was no -- in the brakes were told the truth America what do you do Latin America has always only responded at the last minute to find your own -- but this is the most evil enemy we have ever faced liberalism that's no it is driving us off cliffs at high speed would you do we are Thelma and lower.

just think so would you describe George Bush is so yes it's in the epitome of liberal on the SS and the epitome of that says his or one foot over too -- he is the problem -- there's so much blame to go around -- very few if if any. People willing to stand forward and say look. My iPod has been as reckless and irresponsible as the other one I'm gonna stop -- scapegoating the other guys I'm gonna look.

It's not a vote scapegoat -- won only fight and right now we're fighting destructive economic policy health care reform. If they were doing legitimate reform I would be with them they want socialized medicine next on the agenda cap and trade destructive to our economic growth. Next on the agenda immigration reform. Absolutely abhorrent. Two American sovereignty into the notion of cause and effect dictating our allies and you go down the list of every single thing these creeps or controlling the White House right now one and who were controlling the capital and you won't find there are all about how -- destroy the economy as quickly as. Possible well let's let's stop what the last on the immigration reform was is embraced these so called immigration reform was is broadly and enthusiastically embraced by republic not absolutely on -- couple who embrace -- Michael I'm Lindsey Graham John McCain and George Bush acts like that that that's the end of your -- leadership -- and probably -- they NB -- would guess why because of the framework of the competitive framework that's been created by liberals. Who say we have to sell out to these groups of people Republicans get scared and -- if we don't pander to the -- we're never gonna be able to -- actually get a -- can't blame them for Iditarod course is not in the political arena but nobody nobody who accuse him of pandering. What he just said on immigration reform makes such abundant sense what they say repeat. Closed the -- Get as aggressive as you -- in terms of legal immigration.

It's it's and you know what you do you're ready says he's still begay knew him are -- on this. Zacks blue always use your video hater will appear Republicans are pro will be goes whack a weevil Democrats abroad which one -- probably -- the Boston Globe yes the lack of we -- Democrats. NW RK -- load.

Good morning and what's going doctor accorsi regarding any black thank you leave it. He commented -- at picture each 18 at -- Obama just wait till. She signed legislation and just like China and Russia pushing that agenda forward. With that International Monetary Fund -- drawing -- back. And and such evaluate the US college I got that shot. It dumped deep debt -- not warm front page story like object.

This is you know I I'm not one inclined to believe in conspiracies. And I think most well what appears to be -- conspiracy is. Circumstances all. Naturally moving in a certain direction and then becoming can G old lady into -- looks like it was conspired to be created but. I don't know what we're came from I just know where we are where we are is we're driving it off the cliff. And the people who were in charge are doing things to speed up. The fall rather than to put the brakes on and then G-20 summit that the chair makes reference to if I recall the new cycle.

At that time okay it was about Obama was doing this about most of that but the big -- of the new -- spot. Michelle Obama was going to look to a Copenhagen. To make the pitch because of Iraq -- did -- not from Pittsburgh then to Copenhagen following in the steps the footsteps of his bride. That's the type of silly -- that now passes flawed lose. It's it's gonna be right now -- uses an insect artwork the other they're showing on The Today Show America's number 1 morning news program and an insect artwork and you and I understand that the it can't be 24/7 of the PBS like droning comment.

All of the sort of say it looks like a conspiracy to make us stupid make it look at what that there's other driver around. But. What is settling I don't I don't know -- a hostess -- tough a tough case that somebody is driving -- woman sitting in the middle other I mean it's so moronic and what's gonna fantasy gifts Christmas comes early fantasy gives at affordable prices -- anybody in America here in -- should. Be spending at this point here's the question for anybody sent do you think that they're driving America down the tubes and and if so what are we gonna do about a 617. 2666860. Atomic taught six AB WRKO. Strength and friction the talk of the day is always right here on Boston's talk station K.