In the first half of the show, author, economist and talk radio host Andre Eggelletion commented on Tuesday's midterm elections, in which Democrats lost control of the Senate despite substantial deficit reduction (over the last six years), a steadily growing economy, relatively low unemployment, and the recent Wall Street boom. According to Eggelletion, people are not identifying with the successful economy because their wages have not increased to keep up with inflation over the past two decades. "If we don't see a significant increase in income around this country, perhaps maybe a [significant] rise in the minimum wage... then the Republicans are going to be in trouble come 2016," he said.
Eggelletion suggested gas prices have fallen due to the strength of the US dollar. A stronger dollar undermines other currencies and America's own export market, as well as exacerbates the tenuous geo-political situation in Middle East, he continued, noting how a strong dollar weakens oil prices. Eggelletion anticipates the US may be in Iraq for the next 20 years. "When we leave it's going to return to the same social and political dynamics that existed prior to the United States moving in there," he predicted. The country can no longer afford these kinds of interventions, Eggelletion asserted. He warned about the end of the dollar's upward trend, rising interest rates, and an coming economic bubble in China. Eggelletion also implored something be done in the US to encourage personal savings.
During the latter half of the program, expert in theology, biblical languages, and world civilizations, Mike Heiser, talked about his study of ancient and biblical texts, and the best way to interpret and authenticate them. It is necessary to know the intellectual climate of the biblical writer to properly interpret and understand their writings, he explained, noting the point of scripture is to tell the story of God's interest in redeeming humanity. Heiser applied his linguistic expertise to the Majestic 12 documents, which purport to be genuine intelligence reports pertaining to a covert government program involving crashed UFOs and recovered alien bodies.
"Most ufologists don't really think highly of them," he continued. Heiser recently had a number of MJ-12 documents tested by a computational linguist. The ones with attributed authors did not do well and are likely forged, he reported. Authenticity aside, Heiser pointed out that some of the documents alluded to a chemical process to create uranium and Nazi plans to weaponize it. 126,000 barrels of nuclear waste from that period were found in Germany, he revealed. Heiser also spoke about his disagreement with Zecharia Sitchin over translations of primary ancient texts and unsupported theories on human origins, his belief that the UFO phenomenon is genuine, and the question of whether there is any theological issue with an extraterrestrial reality.
Bumper music from Wednesday November 05, 2014