With George Noory
Live Nightly 1am - 5am EST / 10pm - 2am PST
Shows

Coast Insider

Not a member? Become a Coast Insider to stream or download new and past shows!
Advertisement

Coast Insider

Not a member? Become a Coast Insider to stream or download new and past shows!
Advertisement

Last Show Recap

Predatory Capitalism

Captain Randy Cramer claims to be an officer who has been given authorization to address the public on behalf of a covert "special section" of the United States Marine Corps. He joined guest host Jimmy Church (email) to discuss his 17-year tour of duty off-world on Mars, and his years serving aboard a secret space fleet.

Upcoming Shows

Sat 08-27  Intuitive Visions/ ET Consciousness Sat 08-27  Art Bell: Somewhere in Time
Sun 08-28  Champion MMA Fighter/ Beatles Controversy Mon 08-29  Election Tricks/ TBA Tue 08-30  Numerology/ ET Wars Wed 08-31  Natural Remedies/ Media Manipulations Thu 09-01  Time Travel Agent/ Tarot Secrets Fri 09-02  Open Lines

CoastZone

Sign up for our free CoastZone e-newsletter to receive exclusive daily articles.

Predatory Capitalism

Show Archive
Date: Monday - December 28, 2009
Host: Ian Punnett
Guests: John Perkins, Peter Lance, Fred Burton

Ian Punnett spoke with economist John Perkins, who pointed toward predatory capitalism as the real cause of the current global financial meltdown. He outlined his former work as an "economic hit man" in which he helped convince third-world governments to accept huge loans for infrastructure projects that they ultimately wouldn't be able to afford. When they couldn't pay back the loans, the US govt./corporations would instead demand cheap oil/resources or political/military favors, he said.

This kind of stratagem has gone global with corporations, rather than governments, controlling human and natural resources around the world, he continued. Morality aside, the exploitative nature of predatory capitalism has left the world in a mess, and the planet is spiraling toward disaster, Perkins argued.

To change the situation, he suggested people work toward building a different economy-- creating their own companies that make things the world actually needs like sustainable energy, and anti-pollution products. Also, consumers can also exert influence over corporations by complaining or not buying their goods or services if they don't approve of their practices, such as making clothes in sweatshops. Further, he believes poverty is one of the root causes of terrorism, and by combating it we could help reduce the problem.

Christmas Day Terrorism

Commenting on the Christmas Day terrorism attempt, investigative reporter Peter Lance appeared in the first half-hour, discussing a report that "a sharp dressed man" aided the terrorist at the Amsterdam airport. Even though the incendiary device failed, he considers the attack to be a propaganda victory for al Qaeda.

Security expert Fred Burton also discussed the incident in the first half of the last hour, calling it a "counter-terrorism nightmare." Full body scanners, which likely would have prevented such an attack, are not being used at airports as of yet because people consider them to be an invasion of privacy, he noted.

Bumper Music

Bumper music from Monday December 28, 2009

Advertisement