I was interviewed on Coast to Coast Am Radio last night. As is sometimes the case, we were unable to publicize this interview — I was flying home when they called me.
I discussed several of my earlier blog posts on the show and thought it would be helpful to list them here. You may also want to provide comments. Members of the listening audience often do.
Whenever possible, we will try to publicize upcoming radio interviews in advance.
I recently did Coast to Coast with Art Bell and got a variety feedback. I asked permission to post this one….
Greetings Catherine –
I’ve listened to you on Coast to Coast a number of times, but last evening
with Art Bell was perhaps the most insightful and honest representation of the
truth that I have heard anyone in the financial industry ever express,
describing the state of affairs we are witnessing, and what is to come.
When you spoke of the value of community, and the corruption of HUD and the
narcotics underground fueling various clandestine projects that would
otherwise never be supported by public means, that rang out loud and clear, as I have
seen this myself, up close and personal.
I remember with crystal clarity to this very day the details of the
Iran-Contra Gate debacle, the testimony of Ollie North, and the vast amounts of
cocaine that was flooding into the cities here in California, the funds of which
went straight into the coffers of the various “black ops” missions in Central
and South America.
I have not forgotten those times, and the horrific damage that we witness to
this very day as the direct outcome of such operations.
A friend of mine who served in the Marine Corp, and then a decade with the
San Jose police dept. uses a term, “moral courage”, to describe individuals
who have demonstrated courage and dedication to service above and beyond the
call of duty.
I would say that you have more than demonstrated such.
Considering the scale and scope of the economic treason committed by these
corporate carpet baggers that are now looting the treasury and doing the
planetary “pump and dump” as you describe. it is amazing that anyone would dare to
be so consistent with their determination to bring truth to the general
public, in a way that anyone could understand.
But this you have done, and continue to do.
I wish I could afford to do more, but at the very least, I wanted to offer
thanks, and recognition for your unique example of “moral courage”
In every sense of the word, you have the right stuff
Thank you
Catherine, I enjoyed your comments regarding the auto bailout – unfortunately, you were on for such a short period of time that I was unable to call in.
Here’s my main fears regarding, and why I oppose, a bailout for the automobile industry (or for anyone, for that matter):
1. A bailout creates a psychological expectation that, no matter what you do, you’ll be bailed out, so you can take as many risks as you want, or engage in whatever bad behavior you choose.
2. The money will not go just for paying down existing debt and help the auto industry get back on its feet, but will also go towards paying huge bonuses and “golden parachutes” for auto company executives who were responsible for getting the auto companies in the mess in the first place.
3. Despite any sort of money the auto companies will get from the government, there will be layoffs – and those layoffs will happen at the bottom of the ladder, affecting those least able to financially survive a layoff. Nothing will happen to the executives that not only perpetuated the failure, but get paid much more than the average laid-off worker and would be in a much better position to weather a layoff.
Why aren’t we laying off those responsible for the failed policies and programs of not only automakers, but investment bankers and others who are not only wealthy beyond the dreams of the average person, but stand to enrich themselves tremendously at taxpayer expense? Instead, every company seems to want to start at the bottom of the ladder, punishing those who had no input and no decision-making authority and letting those responsible for the failures make huge amounts of money at the expense of others.