Lindsey Williams on Alex Jones with BIG ELITIST NEWS

[Referee]

Lindsay Williams describes what is ahead and it concerns a speech given by Ben Bernanke in 2002

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The Speech:

http://http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm

Part II

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Part III

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Best Regards,

Referee

[Siberia9]

I cant listen to Lindsay, I dont have patience for his talking in circles. He said five points, did anyone figure out what they were or did he just keep repeating how important it is?

[Mulder]

This is interview utterly terrible in my opinion:-
1. Lindsay rambles on about garbage, and says things like "you'll be shocked" & "Oh my Goodness" instead of just saying the 5 points,
2. Then Alex rants about how your Granny is dying of cancer due to vaccines & rambles on about buying his videos. Alex p!sses me off as he won't shut-up and hogs most of the time when interviewing anyone.
3. To cap off this disaster, Lindsay Williams is asked questions and he says "go buy my DVD" to hear the answer - HELLLOO - Lindsay should give a quick answer & not be a gold-digging charlatan!!
4. There's truely nothing new here as anyone with a brain knows paper money has been devalued and whether or not the Govt will call a bank holiday & devalue it faster is truely gratuitous information as we're going to have QE4, QE5.... anyway. So we're not going to lose 40% of our buying power, but 100% eventually. :mad2:

But this is my opinion & others can listen to this interview & make up their own minds. Lindsay does ramble and talk too much about Christianity for me.

[gooty64]

OK point # 5 is " I will de-value the dollar" voice fades Part II of interview ends there...

[sygh]

Hey losing another 40% of everything you have is no laughing matter. This is part of what everyone has been talking about as far as being wake is concerned. This is the awake part where the ****e really starts hitting the fan!! China and Japan will trade exclusively with one another w/o using the US dollar. Any idea how serious that is? Japan was one of our biggest trade partners.

Could this be part of the ultimate culling of the herd? According to many whistle blowers, the answer is yes. OK. Lindsey is a drag. What a drag. Yawn. Bored stiff cause he's been warning ya for years. There is nothing wrong with making a profit from your work. Nothing. One must eat to live another day. What more can he do, spoon feed you?

[sygh]

Referee,
Thank you for posting this information, it has been very informative. Lindsey has given us some very serious informational updates as to the State of the Union (US, that is) and i'ts not a pretty sight. We knew this was coming though, didn't we.

[ThePythonicCow]

OK point # 5 is " I will de-value the dollar" voice fades Part II of interview ends there...

The original poster of this thread only posted the first two of the three youtube videos for this interview.

Here's the third:


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Pastor Lindsey Williams: End of The Middle East and American Sovereignty 3/3

[ThePythonicCow]

Here's the (rather well known) speech of Bernanke's: \


Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002

http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm
Bernanke describes the key "fifth" action, devaluing the dollar, in these words from this speech:



I need to tread carefully here. Because the economy is a complex and interconnected system, Fed purchases of the liabilities of foreign governments have the potential to affect a number of financial markets, including the market for foreign exchange. In the United States, the Department of the Treasury, not the Federal Reserve, is the lead agency for making international economic policy, including policy toward the dollar; and the Secretary of the Treasury has expressed the view that the determination of the value of the U.S. dollar should be left to free market forces. Moreover, since the United States is a large, relatively closed economy, manipulating the exchange value of the dollar would not be a particularly desirable way to fight domestic deflation, particularly given the range of other options available. Thus, I want to be absolutely clear that I am today neither forecasting nor recommending any attempt by U.S. policymakers to target the international value of the dollar.

Although a policy of intervening to affect the exchange value of the dollar is nowhere on the horizon today, it's worth noting that there have been times when exchange rate policy has been an effective weapon against deflation. A striking example from U.S. history is Franklin Roosevelt's 40 percent devaluation of the dollar against gold in 1933-34, enforced by a program of gold purchases and domestic money creation. The devaluation and the rapid increase in money supply it permitted ended the U.S. deflation remarkably quickly. Indeed, consumer price inflation in the United States, year on year, went from -10.3 percent in 1932 to -5.1 percent in 1933 to 3.4 percent in 1934.17 The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market. If nothing else, the episode illustrates that monetary actions can have powerful effects on the economy, even when the nominal interest rate is at or near zero, as was the case at the time of Roosevelt's devaluation.

Fiscal Policy
Each of the policy options I have discussed so far involves the Fed's acting on its own. In practice, the effectiveness of anti-deflation policy could be significantly enhanced by cooperation between the monetary and fiscal authorities. A broad-based tax cut, for example, accommodated by a program of open-market purchases to alleviate any tendency for interest rates to increase, would almost certainly be an effective stimulant to consumption and hence to prices. Even if households decided not to increase consumption but instead re-balanced their portfolios by using their extra cash to acquire real and financial assets, the resulting increase in asset values would lower the cost of capital and improve the balance sheet positions of potential borrowers. A money-financed tax cut is essentially equivalent to Milton Friedman's famous "helicopter drop" of money.18
I highlighted the word "helicopter". It was his use of this word here which earned him the monicker "Helicopter Ben", with cartoon images of helicopters dropping money on the populace.

[GlassSteagallfan]

Here's the 5 points Lindsey made:


Bernanke says, "I will"...

1) bring interest rates to zero

2) buy securities from the banks to expand the federal balance sheets

3) increase the money supply (print money)

4) buy our country's debt (means end of dollar)

5) if I am faced with continual depression, I will devalue the dollar


Here is the Bernanke speech link:

Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002

http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm

Again With editorial (Black is original script)

http://emsnews.wordpress.com/2009/02/20/bernankes-2002-japanese-depression-speech/

[jackovesk]

Thanks for posting this Referee,

I for one always enjoy hearing the 'Truth' and despite what some say about Lindsey's delivery, that is such a minuscule argument on the scheme of things and Lindsey's track record of at minimum 80% accuracy...Why some even bother to try and downplay the information that comes directly from inside OWO sources I have no answer for...

Thanks again for the information and those who have provided positive contributions on this thread...

Rgs,

Jack

[Jean-Luc]

¤=[Post Update]=¤


Here's the 5 points Lindsey made:

Bernanke says, "I will"...

1) bring interest rates to zero
2) buy securities from the banks to expand the federal balance sheets
3) increase the money supply (print money)
4) buy our country's debt (means end of dollar)
5) if I am faced with continual depression, I will devalue the dollar

Here is the Bernanke speech link:

Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002

http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm

Again With editorial (Black is original script)

http://emsnews.wordpress.com/2009/02/20/bernankes-2002-japanese-depression-speech/

Thanks for this educated summary, my friend. This is exactly what's needed with Lindsay's interviews.

[dreamer]

listening to that man is like pulling teeth slowly, and you could tell Alex was trying to get him to the point.

[Jay]

Thanks for summarizing Mulder & for post.
..... Lindsay does ramble and talk too much about Christianity for me. (my highlight)
Am constantly on the look out for deception whether it's planned or not. Whilst LW appears to impart tit-bits of truth.... there is another agenda which is totally ignored.
We are getting truth in part, omissions in part with a sprinkling of fear mongering. Recipe for deception.
LW's Jesuit affiliation, NWO & Jesuit agenda is worth researching further. jmho

[Amysenthia]

Here is the part 4 & 5. Very interesting stuff. Thanks for the thread.

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[jackovesk]

We Are Going To Kill The US Dollar says Obama Administration

Jan 2, 2012

A clip from a much longer interview...
http://youtu.be/5V3kpKzd-Yw


Investor Kyle Bass discloses his discussion with a senior Obama admin about how this economic crisis is going to play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they are going to print more and more dollars until all of your purchasing power is destroyed and you will need more and more dollars to buy the same amount of goods. (ie. Massive Inflation.)

http://www.youtube.com/watch?v=G7H2JFuZ4wg