Jones - China the real target
Williams:
Obama threw the debate
US Dollar dead in 2012
Get a pencil and a piece of paper
QE3 - $40B/mth coming from thin air indefinitely
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Jones - China the real target
Williams:
FED is buying all the housing (via mortgages) from money they are printing from thin air
The FED will own every piece of mortgaged real estate in the US
Folks are you ready?
Mortgaged backed securities will be used to bet on the derivatives market
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Jones - NSA is snooping on all phone calls, why is Williams and his sources allowed to continue?
Williams:
They're going to take these $40B in mortgages to make it $300B to make a $1T profit.
Now sit down. Are you catching this people?
The big banks will sell mortgages to the FED and buy US Treasury Bonds.
Folks, did you catch this?
They will depreciate your currency, use the money to pay the interest on the debt until they are ready to crash the economy.
The US people will give in. They will become slaves without rising up against anything.
Write it down, please.
Gold went up instantly, Silver went up instantly, Gas went up instantly
You haven't seen anything yet.
That Dollar went down instantly on Bernanke's announcement. At that very moment.
How long before you can not afford to pay your mortgage, Clothes for your kids, food on the table..?
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33:00
20 minutes to go.