http://www.coasttocoastam.com/show/2013/03/09
In the first half of the show, John B. Wells welcomed investigative reporter Greg Hunter, who provided updates and analysis on several current events. He commented on the drone attack that killed American teenager Abdulrahman al-Awlaki, son of radical Islamic cleric Anwar al-Awlaki, pointing out that "his [only] crime was DNA." Hunter questioned using drones for political executions in nations with which the U.S. is not at war, such as Pakistan and Yemen. Any American caught plotting against his country should be arrested and tried by a jury, not murdered, he opined. Hunter observed that Senator Rand Paul's filibuster brought attention to the government's use of lethal drone strikes on citizens and wondered why more politicians did not come out against this affront to due process. He also criticized America's seemingly ambivalent foreign policy which funds al-Qaeda in some countries, such as Syria, while killing it members in other places around the world.
"We are in the process of a [financial] collapse right now," Hunter continued. The Federal Reserve is printing $85 billion every month to prop up banks through the purchasing of toxic mortgage-backed securities and treasuries, he reported. In addition, each year the government spends $1.1 trillion more than it takes in, he said. According to Hunter, as soon as the Fed stops pumping money into the system interest rates skyrocket, the stock and housing markets implode, and hyperinflation dramatically devalues the dollar. He insinuated that the impending collapse and ensuing civil disorder is why the Department of Homeland Security recently acquired assault weapons and 1.6 billion rounds of ammunition. Hunter expects hyperinflation will start by the end of 2014, and recommended preparing by storing food and water and buying physical silver and gold, as the wealthy have been doing.
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