SCHIFF: You know, what`s
going to happen, of course, is as inflation
starts running out of control and prices start
going through the roof, the government again is
going to focus on the symptoms and not the
disease.
And they`re going to impose
price controls on energy, on food, on a lot of
other things that are vital, which means
shortages, which means long lines, black
markets, civil unrest. All this stuff is coming
if we don`t stop. [...]
BECK: Peter, let`s talk a
little bit about martial law. Why would that
even be a consideration?
SCHIFF: Well, I don`t think
it was a threat if they had rejected the bailout
Bill, but I think it is a possibility a few
years down the line. We just spoke a little bit
about price controls and the effect that they`re
going to have.
If we have shortages of food,
if we have rolling blackouts. And people are
upset, and they`re hungry, and they`re cold,
there could be civil unrest. There could be
looting, rioting, and that might be the impetus
for the government to declare martial law.
BECK: You know, I don`t think
you`re a couple of years away from something
like that. I mean, honestly, Peter, I mean, look
at what`s happening. In a half hour, I`ve got a
congressman on about — about the racism cries. I
mean, there are people that are right now so
disenfranchised, and I think being encouraged to
be disenfranchised on both sides, that at any
time this damn thing could break apart.
SCHIFF: Yes. And we`re giving
the government so much power. And you know, you
give up a lot more civil liberties. When you
have martial law and you`ve got the military
policing our streets, when you`ve got suspension
of habeas corpus, you`ve got curfews, you can`t
be out of your house after dark, and they can
just pick you up and put you in prison and keep
you there indefinitely without charges, and
there`s nothing you can do about it?
I mean, we`re giving up one
liberty after another, all to protect ourselves
from this economic crisis, which needs to happen
anyway, but it doesn`t need to be nearly this
bad.
BECK: Peter, this is — I
mean, we`re in Crazytown, USA. But my gut tells
me that, two years down the road — let`s just
use that number — this country is not going to
look anything like it does today. Our world has
changed; it just hasn`t caught up.
During the ten minute segment,
Beck and Schiff also pointed out that America is
headed for Weimar Republic style hyperinflation at
the hands of global bankers, stated that the
financial implosion has been manufactured by design,
warned that the Treasury has been given dictatorial
powers and raised the question of whether the end
game is a one world currency and one world financial
governance.
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Wes
Penre is a researcher,
journalist, the owner of the
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