In the first half, CEO of Euro Pacific Capital, radio host and author Peter Schiff commented on the current gyrations of the government, as well as the real financial position of the United States, and why he thinks we're headed for an implosion. Interestingly, he believes that raising the debt ceiling (currently stalled in Congress) is part of the problem rather than the solution. "Default is inevitable...anyway. But we're not going to default because we don't raise the debt ceiling. We're going to default because we do raise the debt ceiling," he remarked, explaining that eventually the US will have so much debt that creditors are going to cease lending the country money. Yet right now, the US doesn't have to default because it can keep borrowing money from the same people who owe it, he continued.
Schiff suggested that the US go "cold turkey" on stimulus programs. "We've got to let interest rates go up, and then, we've got to slash trillions of dollars per year" in government spending including entitlements, national defense, as well as eliminate entire departments like Education and Energy, which could be managed by states, he said. While he predicted the 2008 crisis and housing bubble, he believes that an even bigger crash is coming due to the increased spending and debt. What we're facing is "an overdose on government stimulus, and death of the currency, which is going to be the death of the economy," he warned.
---------------------------------
In the latter half, expert in supernatural science, Voodoo and conjuring, Tobias McGriff, spoke about his investigations and research. He is currently working on a documentary called Modern Hauntings which will feature startling video evidence. A woman in Cleveland shared footage with him recorded on a nanny cam that shows a translucent outline of a body interacting with her young baby. The outline is said to greatly resemble the woman's husband, a soldier who died while stationed in Afghanistan who never saw his new baby. The figure has the doting stance of a father, and the infant seems to be reacting to him, McGriff detailed.
There seems to be a connection between the dream state and ghostly entities, as though we are our own portals, he said. People are more likely to be attacked by negative entities when they are at their most vulnerable such as being asleep, or going through a time of great tragedy, he reported. In one case, a man who was a non-believer went on a ghost investigation with him and had three of his front teeth knocked out in an attic, as though by an invisible punch. The man was alone in the attic at the time, McGriff recounted. Surprisingly, the most common signs of a haunting or something supernatural are not visual-- they are the sound of unexplained footsteps, and smells, such as the perfume of a deceased grandmother, he noted. For more, check out photos shared with McGriff from people who've attended his Blue Orb Ghost Tours of Savannah.
News segment guest: Peter Davenport