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Is Gold Really the Only True Money?

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BernankeVideo 1:52. Paul: "Do you think that gold is money?" Bernanke: "No." Keiser:

This is a fantastic video clip because it shows you now forty years after the closure of the gold window - it took 40 years for wonks, and policy makers, and Fed chairmen to completely disassociate money from gold in their minds.

And this is the root of the global problem - is that they think that their academic theories can solve problems of the global economy. And we heard this from Christine Lagarde recently and her response to the European crisis.

This is typical response of a Bernanke or an academic.

Their job is to come up with formulas, how to increase the debt load.

And they have lost touch with the reality of gold, and what's going to happen is that the market itself will impose the reality by crashing the fiat currencies more than they've already been crashed.

This is why we've got our price target of gold now set to ten thousand dollars

Max Keiser Says Goldman Sachs are Scum

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Max Keiser: Goldman Sachs are Scum2 Must See Videos.  "Well, Goldman Sachs are scum. I mean, that's the bottom line. They basically have co-opted the US government. They've co-opted the Treasury Department, the federal reserve functionality. They've co-opted the Obama administration – Barack Obama dances to Goldman Sachs tune and they are really crooked and abominable in what they've done.

“Remember, Hank Paulson held Congress hostage – took them in the back room and said give us $700 billion or were going to crash this market. He is an arsonist. He is an outlaw. And yet he's given praise...

“If you go down the list they are all Goldman Sachs scum. Whether it's Hank Paulson..., Geithner has very close ties to Goldman Sachs, and of course all these banking bonuses are paid out to their cronies who are Goldman Sachs scum.

“And America for some reason has allowed this coup d'état to take place, a silent coup d'état where Goldman Sachs and their friends control the US government and they are manipulating prices...”

Part 1 – 8min 40 sec. Goldman Sachs are Scum

Part 2 – 4min 55sec. Keiser on the Oligarchy

Jim Hightower - Alternate Models of Business Ownership

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Jim Hightower advocates worker-owned co-ops as alternative models of business ownershipVideo 5min 5sec.  Populist author and activist Jim Hightower advocates worker-owned co-ops as alternative models of business ownership, using two stories as examples.

America's most irascible curmudgeon turns a benevolent eye toward the hardworking souls who have found ways to break free from corporate tentacles and redefine success in business, politics, and life in general.

"We wrote about a bunch of cab drivers in Wisconsin. Back in the 1970's, working for a company that just ran roughshod over them.

Jim Hightower talks about Swim Against the Current: Even a Dead Fish Can Go with the Flow. Hightower is a national radio commentator and the author of Thieves in High Places - Book Passage

Jim Hightower is a national radio commentator and the author of Thieves in High Places. He broadcasts daily radio commentaries that are carried in more than 150 commercial and public stations, on the web, on Armed Forces Radio, and on Radio for Peace International.

Muhammad Yunus on The Social Business Model

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Muhammad YunusVideo 5min 34sec.

Muhammad Yunus:

My appeal is that to justify the totality of human being we need a least two kinds of businesses.

A business which centers around me - that a profit maximizing business - it's all about me - I want to make money.

And the other busines is kind of a reverse of it. It's all about others - nothing about me. That, I'm calling 'social business' - busines to do good to people, do good to the planet - without any intention of finacially benefiting.. And if you feel that urge you can create them.

If we insert that concept into economic theory, the whole economic becomes different. We can create social businesses in many, many sections.

Profit-making companies don't go there because they won't get that kind of brilliant profit out of it, so they go someplace else.

So this would be a good subject for social business.

Libya Intervention Really About Gold Currency

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Attacking Gaddafi's LibyaVideo 3min 31sec. According to some it's about protecting civilians. Others say it's about oil. But some are convinced intervention in Libya is about currency, specifically Gaddafi's plan to introduce the Gold Dinar, a single African currency made of gold..., a true sharing of the wealth.

Dr. James Thring: "It's one of these things you have to plan almost in secret because as soon as you say you're going to change over from the dollar to something else you're going to be targeted. There were two conferences on this. One on '96 and another in 2000...."

Gaddafi didn't give up. In the months In the months leading up to the military intervention, he called on African and Muslim nations to join together to create this new currency that would rival the Dollar and Euro. They would sell oil and other resources around the world only for Gold Dinars.

It's an idea that would shift the economic balance of the world. Countries wealth would depend onhow much gold they have, not how many dollars they trade.And Libya has 144 tons of gold.The UK have double that, but ten times the population.

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