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Alasdair Macleod Explains Why the Future of Fiat Currencies is Dark

from FinancialSurvivalNet


When Alasdair Macleod started Finance And Economics he wanted to educate decision-makers and other interested people in finance and economics. Through his unique coverage, Alasdair was all about helping clients make informed risk assessments about current economic events and their likely outlook. Now, his goals have expanded. Through his recent association with The Goldmoney Foundation, Alasdair’s seeking to educate the public about the causes of today’s global economic calamity as well as the possible solutions to it. In this interview, Alasdair makes an extremely articulate case for sound money and the end of the Welfare/Warfare state. Hopefully his words will reach the many people suffering the disastrous effects of Keynesianism and ignorant economic policy.

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Jason Burack – TIPS on Energy Investing

from FinancialSurvivalNet

Jason Burack came back to the show to discuss energy and precious metals, two of his favorite topics. With the global panic now occurring, no one is quite sure of what exactly anything is worth. When unbacked paper currencies hit crisis periods they become unsound measures of value. This is currently one of the biggest problems confronting the global financial system. How do you value goods and services with inherently unhealthy currencies? It becomes harder and harder as the crisis deepens, but Jason is quite confident the metals and energy sectors will continue to be the places where investors focus their efforts. Jason’s upcoming Energy report promises to uncover a number of undervalued plays that could pay off big, if energy prices merely stay in their current range. Should the price of energy rise from here, the profits could be substantial.

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Jim Rogers: Follow Your Passion, Forget Wall St, & Sell Lamborghinis to Farmers

from FinancialSurvivalNet

Jim Rogers is a global financial luminary. He’s called the market right so many times that even the Main Stream Media half listens when he speaks. They don’t want to understand what he’s saying, but they do listen. And now he’s saying that gold may take a breather in 2012, that you need to be following your passion and you should be thinking about farming, not trading. The world is changing, has always been changing and always will be. The key is to get out ahead of the change and use it to help you find your calling.

Jim found his a long time ago. Back when he started on Wall Street, it was not the glorified place that it is today–for now. Rather, it was a back water “wasteland” where the “black sheep” of the family headed. And it probably served its original purpose far better than it does today. The concept of allocating capital, distributing risk and helping the economy grow are completely alien to its current occupants. But Jim believes that in a few short years, it will go back to be a wasteland and allow the rest of the economy to grow. The Too Big To Fails have locked the Country into a cycle of failure, that will end when they finally do fail. Jim is considerate, engaging and intelligent, and he was a joy to have on FSN.

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Exclusive Interview with The Value Guys – Apple’s a Value Stock… Maybe

from FinancialSurvivalNet

The Value Guys Stock Talk Show (Formerly The Value Line Observer) have been doing a show on value stock investing for over 6 years. They’ve done hundreds of shows talking about stocks that appear undervalued, drinking liberally, and warning the audience about the potential adverse effects their imbibing could have on listener’s portfolio returns. But they’ve been Wall Street professionals for over 30 years (31.3 to be exact) and they understand how the game is played.

I discovered them about 5 years ago. During that time, I’ve corresponded with them and always supported their efforts. In fact, their ceaseless dedication to their show inspired me to start the Financial Survival Network, which led to our joint efforts to introduce their product to the world at large. Apart from being skilled, if somewhat intoxicated analysts with a fondness for Grey Goose Vodka, they are extremely charming, engaging and extremely humorous. Listen to our conversation and decide.

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Ty Andros: QE3 Can’t Come Soon Enough For Europe and the Banks

from FinancialSurvivalNet

Ty Andros joined us today for The Wrap. He was full of good cheer and optimism about the world financial system. Not really, but at least gold and silver are great buys right now. Remember, we’ve been telling you for at least a month that some horrible news is coming down the pike. It’s starting to come out now, and it is extremely ugly. Banks are blowing up like improvised, explosive devices in Afghanistan. So, look for more of the same because the monetary system is on knife’s edge. The situation is becoming clearer by the day; within several months, there will probably be no one left on the planet who believes anything a bank or government claims about anything, let alone the economy. Be prepared, that’s the best you can do!

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George Matheis: Preparation is Always the Key to Success and Survival

from FinancialSurvivalNet

George Matheis, Jr. of Modern Combative Systems helps train the police and the military in basic survival skills. He’s made this specialty his life’s work and he has the experience and knowledge to help you prepare for almost any emergency. While it is impossible to be ready for every possibility, you can be ready for many different scenarios where normal public services and infrastructure are not functioning. George doesn’t believe you need to become and extreme prepper to survive most emergencies but having a sensible and well thought out plan will go a long way towards protecting you, your loved ones and your community from these regularly occurring disasters.

You can find his list for essential survival items below. According to George, these are must-haves during periods where either natural or manmade disasters are occurring. Surprisingly, the top items on George’s list have little to do with self defense. Rather, they deal with providing you with enough water and nutrition to get through supply disruptions that have occurred in places like Japan, Miami and New Orleans in the aftermath of extraordinary natural events.

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George’s list of things you should have with you whenever you leave the house:

Alex Daley: The Real Tech Revolution is Just Getting Started

from FinancialSurvivalNet

As chief technology investment strategist for Casey Research, Alex Daley is always on the lookout for the next and greatest technological advancement. It’s in his blood, and it’s his life’s mission. There are so many incredible innovations occurring everywhere around the globe. In fact, healthcare and manufacturing are going through major advances that will leave these sectors unrecognizable. In medicine alone, diagnostics are advancing to the point where doctors now know whether certain cancer medications will be effective on particular patients or not. This is a huge advancement that will improve lives, save money, and make major profits for certain companies. Similarly, manufacturing is about to embrace a new technique that will completely change the dynamics of how products are designed, built, and distributed. The world is not going to look the same, and Alex has the ability to see into the future. He understands that the number of opportunities available to society and its investors has never been greater.

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This 16 Year Old is Smarter Than Ben Bernanke – Elijah Johnson Interview

from FinancialSurvivalNet

16 year old Elijah Johnson, a home-schooled high school student from Ohio, recently had an epiphany. He realized the world’s monetary system is totally corrupt, and every dollar has been borrowed into existence. How has this high-schooler learned more in his brief existence than most of the world’s politicians and central bankers? Perhaps, we should allow only home schooled individuals into positions of political and economic power. We certainly couldn’t do worse than we already have. When we see how young minds excel, once they’ve been freed from the chains of indoctrination and false teaching, we understand how young adults like Elijah truly are the hope of the world. It is unfortunate that by the time Elijah reaches an age where his wisdom could help lead the nation and the world, the current monetary and economic crisis will have long since played out. But perhaps there’s someone a few years ahead of Elijah who’s available now and can lead us in our moment of darkness.

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Don Watkins: Sacrificing for Your Fellow Man is Not Noble

from FinancialSurvivalNet

Don Watkins, of the Ayn Rand Institute for Individual Rights, was appalled by a recent commencement address by Virginia Governor Bob McDonnell, who urged graduates to devote their work and lives to serving their fellow and less fortunate beings. Don argues, as do I, your highest purpose is in best serving your own needs and desires. By doing so, you automatically enable many others to realize their potential, and you take the burden off society and help place it where it truly belongs, on the individuals shoulders. This concept was what once helped make America great; this individualistic focus is what’s needed to bring the world out of its current psychological, emotional, and economic depression. The best part of this theory is no matter what your station is in life, there’s a place and a skill set at which you will excel. It’s really that simple.

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Triple Lutz Report #186 – There’s Gold in Dixon Illinois’ City Hall

from FinancialSurvivalNet

Episode 185 deals with the massive fraud in Dixon, Illinois. Since 1983, the comptroller, Rita Crumwell, had a nice little racket going on. She stole over $53 million dollars, $30 million alone in the past 6 years. It’s truly amazing this could go on for so long in a town of just 15,000 people, with a budget of $8-20 million dollars.

This story intrigued me because at some level this type of scam is happening in every governmental entity in the country. This is not to say that all government officials are looting between 10 and 25 percent of the budget outright. Sometimes it’s billions and sometimes it hundreds, but it’s going on all over he country, and its costing you a fortune. One has to wonder, could Mayor James Burke really be this stupid or is he part of the scam? Who else knew this theft was occurring? Hopefully these questions will be answered in the upcoming prosecution, but remember this is Illinois.

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Peter Grandich: Gold & Silver Don’t Get No Respect

from FinancialSurvivalNet

Peter Grandich weighed in on the latest precious metals rout; he’s not worried and neither am I. All the reasons we bought gold in the first place are still present and actually increasing. Central bank buying, excessive money printing, and all sorts of economic and monetary mayhem are occurring. Now is not the time to lose confidence or hope in a better tomorrow. We helped Peter celebrate his daughter’s 20th birthday because when it comes down to it, while money and economic circumstances are important, they are not the most important things in our lives. When it comes to lasting satisfaction, happiness, and contentment, they aren’t even close to our family and our friends. In trying times like we are experiencing now, it is extremely important to remember this over and over again.

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Ranting Andy Hoffman: China & the Other Central Banks Are Buying Gold

from FinancialSurvivalNet

“Ranting” Andy Hoffman gives us the update on the lastest precious metals slam down; the reasons to own gold and silver couldn’t be stronger. If the prices stay down this low, don’t be surprised to witness a major flood of buying. We’re also getting into the Indian Wedding Season, which will result in increased demand along with massive sovereign central bank purchases. This is worse than 2008, and banks are blowing up all over Europe. Spain has just bailed out its third largest bank. Who’s going to bail out Spain? Greece is planning to reneg on its debt. Who knows which other nations are going to follow Greece to the blessed pastures in the land of sovereign default.

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Gary Wagner: Tracking the Trend is Never Easy Especially Now

from FinancialSurvivalNet

Gary Wagner of The Gold Forecast, master technician and trader, follows markets for a living. The precious metals market never misses an opportunity to humble even the most astute technical trader, just like it did to Gary today. But we’re living in interesting times, and the world’s events are a constant reminder of that fact. While the dollar looks good right now, and the Euro looks doomed, one can never underestimate these volatile markets’ propensity for shock and awe. Just when you think you know what’s happening, boom, Spain blows up. When countries start imploding, it’s extremely difficult to understand how the markets are going to react, especially when they are so highly manipulated and rigged. So that’s the challenge, watch the short term trend, or believe that the long term trend can only go one way.

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Ty Andros: Metals Crash Report – We Won’t Get Fooled Again

from FinancialSurvivalNet

Ty Andros called FSN today, Wednesday, 5/9, to weigh in on the recent precious metals slam down. Given all the money printing and the global economic instability, now is indubitably a good time to be a buyer. Today, we discussed the real story on Chinese inflation, and it’s far worse than has ever been disclosed. Over the past year, meat and food prices have doubled! So this means real Chinese economic growth is far below official statements, just like in the US. So don’t panic, and don’t let your emotions get the better of you. Check out the powerpoint that accompanies the audio, HERE (This links to an MS-PowerPoint document).

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Thom Reilly – Time To Rethink Public Sector Pay, Finally

from FinancialSurvivalNet

Thom Reilly was manager of Clark County Nevada from 2001 to 2006; he got out just before the crash. When it comes to understanding our insane economic world or municipal labor contracts and benefits, he has an insider’s understanding. He’s written a book Rethinking Public Sector Compensation–Whatever Happened to the Public Interest?, and it will be released later this week. In his new book, Thom chronicles the true cost of bloated pensions, lifetime health care, and why things are headed for a possible disaster, if our leadership does not start addressing the issue soon.

Little things like merit, initiative, and creative thinking fall by the way-side when it comes to hiring and compensating public employees. The system is geared towards longevity and achieving the maximum benefit level that the public will pay. Such views, untempered by the reality of the marketplace, have given us an unsustainable state and municipal financial system that is getting ever closer to collapse. If the eventual collapse occurs, the promises that were made to government workers will not be worth the paper they were written on. Thom however, has a number of ideas that can avert that inevitability.

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Danielle Park: Telling it Like Is and How it Will Be

from FinancialSurvivalNet

Danielle Park of Juggling Dynamite joined us for our bi-weekly journey into the economic realities now hitting every person on the planet. There’s no easy way out and sticking with losing systems, just like losing investments, is your surefire ticket to the poorhouse! Danielle explored the current administration’s unwillingness to hold the banksters accountable for the damage they’ve inflicted. While we were at it, we also discussed the fact that the government should finally own up to its major role in creating this ghastly state of affairs. After all, who created Fannie, Freddie, FHA, Sallie Mae and so many other ill-fated quasi-government schemes for inflating Wall Street profits?

Who came up with TARP, the Stimulus, and a host of other initiatives? All these were supposedly aimed at improving the economy, yet they have accomplished exactly the opposite. While it’s true there’s a chicken and egg relationship between DC and Wall Street, the reality is governmental corruption and intervention have done nothing good and left everyone all the poorer. People everywhere need to accept the fact that we’re out of money and that the promises that were made in good faith cannot be kept and must be scaled down. Same with the bailouts, they have failed their purpose, and it’s time to end them and come up with another method of addressing the collapsed financial system.

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Stefan Molyneux: You’re A Debt Slave and You Don’t Even Know It

from FinancialSurvivalNet

Stefan Molyneux of Freedomain Radio visited with us today. Stefan’s an early pioneer in getting the freedom message out to the world; he’s been doing it since 2005. Millions of people have visited his site and downloaded his numerous philosophical and economic discussions. Stefan and I talked about the proper role of a citizen and what types of powers the government should wield and why. We both agree the world is heading for an economic reset, voluntary or involuntarily; it’s going to take place. You need to be prepared for this.

Stefan and I also discussed the administration’s Julia ad, which is a shocking display of the government’s attempt to make you more and more dependent. This type of thinking has led to the expansion and the ultimate failure of this socialistic, fascistic, and unjust system. The idea that most people cannot take care of themselves is anathema to the principles of the Founding Fathers. Eliminating the risk of failure means the ability to succeed will be greatly diminished. Free markets are the greatest guarantor of success the world has ever known. Therefore, governmental paternalism greatly undermines your ability to provide for yourself and your family, which is why its failure is assured.

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Dudley Baker Gives the Inside Scoop on Insiders

from FinancialSurvivalNet

Dudley Baker of Precious Metals Warrants and The Greedy Guru joined us for another look at the recently decimated precious metals mining sector. While markets like we’ve had lately may try men’s souls, he’s confident sooner rather than later, this value and other economic factors will result in a swarm of investors gobbling up these shares. Insider buying, a crucial indicator for Dudley’s model, has been trending up in a number of miners, and this is probably good news for investors.

Dudley gets up-to-the-minute updates on insiders purchases and sales and presents them regularly in his database, along with stocks that have Canadian warrants. This information is often difficult to come by, especially for Canadian mining companies, which is why Dudley’s service has become so popular in recent years. I’ve even used it myself to make some oversized gains. Dudley looks at insider holding statistics because he never wants to own more of a company than the top management does–probably a wise move in these juniors.

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‘Ranting’ Andy Hoffman – Greece Will Experience Hyper Inflation and So Will the Rest of Europe

from FinancialSurvivalNet

“Ranting” Andy Hoffman was with us today to review the ever declining and disintegrating world economy and to offer us his weekly insight into the precious metals markets. While gold and silver prices have been under repeated attack, Spain, Portugal and Italy have become complete basket-cases. Add to that, the election of a socialist government over the weekend in France, declining support for Merkel in Germany, and Conservative Party losses in England, and you have the prescription for a hyper-inflationary bust. In Greece, the major parties only received 35 percent of the vote, with the majority being split between minor party candidates with off the wall agenda. All things considered, Andy was less than a breath of fresh air. Andy is never one to sugar coat the truth, especially now, when the pace of the decline is starting to speed up, which leaves only gold and silver for those seeking to protect their wealth.

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You Should Come to the NY Hard Assets Investment Conference

from FinancialSurvivalNet

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The Hard Assets Investment Conferences – New York, San Francisco, and Chicago – have been serving investors for more than 20 years. The conference differentiates itself from other investment conferences by delivering independent and credible content from natural resources expert investors and analysts. When investing in the resource sector, it is important to learn how to distinguish between the various categories of companies and make certain you select investments in the appropriate sector and risk category. The expert presenters at the Hard Assets Investment Conferences will provide you with the expertise and advice to help you best assess the opportunities.

FSN will be attending and exhibiting at the New York City conference held at the Marriott Marquis in Times Square on Monday, 5/14 and Tuesday, 5/15.

Admission is free with pre-registration and includes presentations by rising producers and promising explorers, stock picks and strategies by global economists and market analysts, and interactive workshops by the leading financial newsletter editors.

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David Morgan – The Silver Suppression Scheme Is Ending

from FinancialSurvivalNet

David Morgan is one of the world’s leading authorities on silver, from how it’s mined, to how the price is manipulated on the relatively minuscule Comex Silver Futures. David has had an affinity for the shiny metal since he was a toddler; he’s also old enough to have lived through the prior boom and bust that took place in the 70’s and 80’s. Armed with this historic perspective, he sees exactly what is taking place now, and while appalled by the blatant price suppression, he’s not surprised at all.

David is joining us today for the latest update, and why the only thing you need to fear, is fear itself. Fear inevitably leads to making the wrong decision at the wrong time, and then you miss the next move, and invariably you’ll buy at the higher prices.

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John Butler: The Golden Revolution is Taking Off

from FinancialSurvivalNet

John Butler, author of The Golden Revolution, has been getting a lot of publicity and has made numerous appearances around the media circuit since our last interview. FSN can proudly take credit for being one of the first to recognize John’s tremendous contribution to the gold standard debate. As John said, “This book begins where Jim Rickard’s Currency Wars ends.” John also had much to discuss about who’s reading his book and what people are saying.

When you write a book, or reach out to the public to try to explain complicated economic and political issues, you’re never sure if you’re going to have an impact. However, when the Chairman of the Fed, The Ben Bernank, takes time out from his busy day to blast the gold standard, something is happening, and that something is a debate. When Nixon closed the Gold Window in 1971, there was never a debate about the possible impact of such a move. Rather, just like gold confiscation, it was done by executive fiat. This failure to debate the consequences of such hasty, pragmatic actions, has done untold damage to the world financial system and the US dollar and standard of living.

The debate, while long in coming, will soon be fully engaged.

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Kerry Lutz Interviewed by Andrew Horowitz, The Disciplined Investor

from FinancialSurvivalNet

Today I appeared on Andrew Horowitz’s show, The Disciplined Investor. We discussed survival investing, which I define as allocating your assets in a way that will protect your wealth in the event of a dollar collapse or the event when major inflation besets the world financial system. While Andrew isn’t a big fan of precious metals, especially silver, he did see some logic in acquiring assets that could potentially protect us again major systemic disruptions. While I wouldn’t classify myself as an extreme financial-prepper, I would say my confidence, in the ability of men like the Ben Bernank and Tiny Timmy Geithner to look out for my economic well being, has been greatly shaken.

After being forced to bailout the Too Big To Fails, I have come to the belief government is not only the problem, but it can never be the solution to the problems that it’s already created. Rather, the likelihood of a global financial cataclysm increases by the day; and the gold and silver, along with certain commodities, may well be the only things left standing. So if that makes me a financial-prepper, so be it. It’s a risk that I’m more than willing to take.

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Mickey Fulp’s Monthly Market Review

from FinancialSurvivalNet

The Mercenary Geologist, Mickey Fulp, is back at FSN for another monthly update.

Markets and financial reporting were virtually flat in April. The only bright spot on the horizon was natural gas prices, which were up 16 percent, probably a dead cat bounce. The Dow, Nasdaq, Oil and metals prices were channel trading, but these directionless markets are usually short lived. As Mickey and I spoke, gold and silver were getting raided as usual. Employment numbers were released, and they pointed to a slight decrease in new filings. However, these monthly numbers have been shown to be completely unreliable and inaccurate; wait for the inevitable revisions to kick in.

In other precious metals news, Copper is showing great stability, while platinum got kicked in the teeth and fell bellow gold once again. But, history shows such instances to be short-lived, and this will no doubt follow the pattern. So we’ll see if the old saw, Sell in May and go away holds true this year like it has in previous ones.

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Ron Hera: Mining Stocks are the Maytag Repairman of the Market

from FinancialSurvivalNet

Ron Hera joined us on FSN yesterday to recount a recent recommendation, which he provided on the last show. The stock we spoke of is being acquired at a substantial premium, but that certainly isn’t the end of the story. Ron believes the miners hit a bottom on April 23 of this year, and by virtue of the economic realities currently taking place, they have no where to go but up. But then, there’s the dividend story; so many of these stocks are raking in huge profits. With metals prices so high, even if they’re not at their honest valuation, well positioned juniors are scoring big. By instituting dividends, the market will eventually have no choice but to award the proper earnings multiple. It all comes down to a waiting game, for which savvy investors will be greatly rewarded.

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David Quintieri: You Need a Money GPS

from FinancialSurvivalNet

David Quintieri has written a new book entitled The Money GPS, which is intended to help Americans wakeup to the impending dangers of ceaseless money printing and the collapse that it will eventually bring about. All empires inevitably collapse, and it’s difficult to tell whether they were brought down by poor economic policies or other factors. But, it is undeniable that monetary debasement has always helped exacerbate the collapse. Government officials, since time immemorial, always try to get something for nothing and always try to give more and more people a free lunch. But in the end, the results are always the same. Collapse! This time will be no different than the others.

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Will Apple Bailout the EU? Bob Chapman is Doubtful

from FinancialSurvivalNet

Bob Chapman, the international Forecaster, is back with us to answer these major questions: Is there any hope for Spain? Is Italy next? What happens after Spain blows up? Should Europe add Apple as a member of the EU and change the currency from the Euro to the Apple? While we can dream about white knights and Hollywood finishes, there’s really no one out there who can save the EU from itself. The manipulation of the financial system continues unabated with no end in sight. The more markets are undermined by government schemes, the less they perform their essential functions. This will result in larger cataclysm when these actions finally fail. Which leaves only one investment class available to protect your wealth and your family. If you’ve been listening to this show for any length of time, you know exactly what that is: PRECIOUS METALS!

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Triple Lutz Report #185 – $53 Million Stolen By Controller in Illinois Town

[Ed. Note: Related Story.]

from FinancialSurvivalNet

Only in Illinois, Ronald Reagan’s birth place, would the comptroller of a small city steal funds for 23 years, undetected. Rita Crundwell, 59, took more than $53 million over the past two decades from the city of Dixon, Ill.; among her ill begotten acquisitions were:

  • $2,500,000 in personal American Express charges, including over $339,000 in charges for jewelry.
  • $2,108,000 for a 2009 Liberty Coach Motor Home.
  • $450,000 horse farming operations expenses.
  • $258,698 for a 2009 Featherlite Horse Trailer
  • $146,787 for a 2009 Kenworth T800 Tractor Truck.
  • $140,000 for a 2009 Freightliner Truck.
  • $56,646 for a 2009 Chevrolet Silverado pickup truck.

The amazing thing is the city only has a budget of $8-9 million or perhaps $20 million. This means somewhere around 10 to 20 percent of the budget was stolen each year, and no one noticed! The City never saw fit to post their financial documents on their website, which virtually every other municipal government in the nation does. In my small town in Westchester County, NY, there would be an immediate rebellion over such an omission. This is shocking in-and-of itself and should have sent off alarm bells long ago.

The New York Times is very alarmed over Apple’s strategy in avoiding the taxman by a variety of creative strategies. That this type of behavior would be found objectionable by the Gray Lady is not surprising, because it’s been years since they experienced anything resembling a profit. Then there’s the former Fed Official Warsh, who’s alarmed about the too big to fail banks but believes the solution is better disclosure. In this case, better disclosure would no doubt result in bank runs and lynchings.

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Peter Grandich: Why The Mining Stocks Are So Beat Down

from FinancialSurvivalNet

Peter Grandich is probably the best mining analyst around; mainly because he’s been following mining stocks for the past 30 years. Peter has a unique understanding of the mining sector, and he doesn’t hesitate to state these stocks are currently in one of the worst bear markets in history. There are many reasons why, but they really defy credulity. These stocks are trading around the same level as they were when gold was selling for hundreds less per ounce. Consequently, many investors have either thrown in the towel or will shortly; this is the stuff that bottoms are made of.

One stock I came across, which I do not own, is selling for just 1.1 time EBITDA and has a three percent dividend. Companies in productions are scoring huge profits. And the companies about to commence production are being valued as if they were beginning stage exploration plays. Every dog has its day, and these stocks will have theirs, probably sooner rather than later. After all, how much lower can they go? Every time we say this, somehow they figure out a way to go lower, but only to a point. Peter thinks that point has been reached, and we will see a turnaround sooner rather than later.

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Chris Duane: Who Took Out Ron Paul

from FinancialSurvivalNet

Chris Duane and I talked about YouTube and personal brand building. As we discussed, neither of us is doing our shows to get rich quickly. Rather, we enjoy getting the information out. Our ultimate goal is to help you understand the current economic climate. It is truly astounding there’s so many people strolling along life with absolutely no comprehension of where the economy and the world are heading.

Today, YouTube/Google took down a Ron Paul channel for specious copyright infringement allegations. Google is the Federal Reserve of the internet. Without their blessing, it can quickly become impossible for any company to conduct business. How this matter eventually gets resolved will have a large impact on internet free speech, which the elitists are still trying to get control over. They’ve been trying to control people’s driving habits for a hundred years and that hasn’t worked out too well, and neither will their efforts at internet dictatorship.

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