In the first half, investment banker and risk manager James Rickards discussed why he believes the collapse of the dollar and the international monetary system is coming, and how the 'global elite' in finance continue to push their agenda for a one-world government and monetary system. In the short term, the impending Trump administration has acted as a boon to the stock market. "Pharmaceutical stocks are going up because he wants to get rid of Obamacare; John Deere & Caterpillar are going up because he wants to spend more on construction; Raytheon, Lockheed, and Boeing and all the defense stocks are going up because he's going to spend more on defense. Everything's going up because if you cut taxes, people will have more to invest," Rickards explained.
But based on his research and use of complexity theory, Rickards foresees the next financial meltdown happening in 2018, 10 years after the 2008 crash. Each bailout gets bigger than the one before-- "In 2008, the central banks bailed out Wall St. In 2018, who's going to bail out the central banks?...There's only one balance sheet bigger than the central banks and that's the International Monetary Fund-- the world central bank. And they're going to do it with this world money, special drawing rights, and that's going to be the end of the dollar...we'll still have dollars, but they'll be like...a local currency. It won't be the benchmark global reserve currency," anymore, he lamented. The crisis could involve bank closures, ATM shut downs, and the freezing of assets-- we recently saw money riots in India, he added.
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On the eve of its 53rd anniversary, actor, author, and stand-up comedian Richard Belzer spoke in the second half about the JFK assassination, an event still steeped in controversy all these years later. He covered some of the mysterious deaths of key witnesses, and the truths, fictions, and theories that continue to swirl around the case. 10 or 11 people who were connected to the JFK assassination and possibly going to testify in hearings, died or disappeared during the 1960s, he detailed. The removal of witnesses is the tip off to the assassination being partially a government cover-up, he suggested.
Citing two of the deaths in 1964, he named a pair of newspaper reporters, who were both working on JFK books. One was said to die from a "karate chop" by a burglar, and rather than valuables taken from his home, it was his book notes. The other reporter was killed "by accident" by a police officer. Both of the journalists had first-hand knowledge, and had been at Jack Ruby's Dallas apartment the same day he shot Oswald, Belzer noted. As to why Kennedy was killed, Belzer has concluded it was for a variety of reasons related to his policies (such as wanting to end the Federal Reserve), and that oil and banking interests were behind the decision.
News segment guests: Scott Portzline, Gary Ridenour, Mish Shedlock