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Apocalyptic Thinking/ Collapse of the Dollar

Melvin Dummar says a grand conspiracy has denied him his portion of billionaire Howard Hughes' vast estate. Many consider Dummar to be a fraud but an in-depth investigation by Gary Magnesen has apparently shown Dummar to be a good samaritan who saved Hughes from certain death. Both joined George Knapp to discuss why Hughes was in the desert, as well as those who schemed to deny Dummar and several institutions of their rightful share of the Hughes estate. In the first hour, veteran music journalist Joel Selvin talked about the notorious Rolling Stones Altamont concert of 1969, considered by many to be rock’s darkest day.

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Apocalyptic Thinking/ Collapse of the Dollar

Show Archive
Date: Tuesday - July 3, 2012
Host: George Noory
Guests: Chris Duane, Mathew Gross

In the first half of the show, media strategist Mathew Gross talked about the rise of apocalyptic thinking in America, and how it has become part of mainstream cultural dialogue both on the left and the right. While many Christians believe in the events foretold in the book of Revelation, a lot of secular Americans have also become attached to Doomsday ideations, such as associated with global warming/climate change, peak oil, and the disintegration of civilization, he noted. Out of this, the "prepper" movement-- those practicing survivalism and preparendess, has taken off.

There are some positive aspects to the American apocalyptic narrative. It instills the need to change "or else something terrible is going to happen," said Gross, who noted that areas such as climate, banking and energy are in a precarious state, and the potential for catastrophe is high. On the negative side, apocalyptic ideas are often dismissed out-of-hand as unlikely, but conversely many who believe in coming disasters become paralyzed, and unable to take action, he reported. Fear is often used to manipulate the public, especially in the post 9-11 world, and Gross suggested that people look at such fears with rationality, and examine the evidence for how likely any given scenario actually is, and make decisions based on that.

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In the latter half, founder of the Sons of Liberty Academy, Chris Duane, warned of the coming collapse of the US dollar due to the massive amount of increasing debt. He foresees the falling of weaker currencies first, leading to a domino effect that will see the eventual collapse of the dollar, which he characterized as "the single largest event in human history," as the world's economies are tied to the dollar. All the central banks are privately owned by families such as the Rothschilds and the Rockefellers, and as a result they own the world, and are responsible for the debt paradigm, he asserted.

Interestingly, Duane contended that a real economic recovery can't begin until after the collapse. To steer clear, he suggested that people walk away from toxic investments, careers, and relationships, and move their assets out of paper and into tangibles such as silver. He believes silver will have use in bartering after the dollar falls, and people can start collecting it simply by visiting their local coin store. For more, check out videos on Duane's YouTube channel, The Greatest Truth Never Told.

News segment guests: Mitch Battros, Katherine Albrecht

Bumper Music

Bumper music from Tuesday July 03, 2012

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