Worst-Case Scenario No. 1

" Tonight do we have a very special edition of the Glenn Beck program talented join me in the war room which is actually -- regular set we just let it differently. But we're going to play out some of the worst case scenario to some of the greatest minds around asking ourselves one simple question what if everybody always says. Gee you know we gotta bail out these banks there's going to be really -- we don't wolf. What does it mean really bad and tonight going to figure out with the help of former CIA age possesses some of the best that money people around military analyst survival experts. We're going to try to show you how to prepare for the worst while everybody else to sit back and opened for the best and I wanted to know. Everybody involved in this show is also hoping for the best. We're not doing the show to scare you tonight but I honestly I'll explain in the end of the show exactly why. But I'm doing it in a nutshell to get to the start thinking outside of the box. In mid January the government war -- out a scenario where American cities were subjected to a coordinated two day attack. Why are they saying that an attack is imminent like that. Now they just understand that planning for the unthinkable will allow them to act rationally. While everybody else is panic game. The truth is that you are the defender of liberty it's not the government. It's not an army or anybody else it's you this is your country. So ask yourself. What kind of sentry do you want to be as you stand there at the gate what kind -- do you -- to post at the -- which one would -- the right -- who refuses to consider. How our country may come apart -- the scenes or somebody who gets freaked out at the first sign of trouble. Or somebody who is just lived by the words from former Arkansas senator William Fulbright. He said quote we must dare to think about the unthinkable things because when things become unthinkable. Thinking stops. And action becomes mindless. We're making decisions right now and I don't think we're really thinking them through. Let that not happen to us let's make the unthinkable. Thinkable for sixty minutes and we start. Right now. -- I mean the spooky music was enough are and I want to stress that we are not predicting these things are going to happen we are asking you. What do you do if they happen can they be prevented let's look at our first scenario. It's the financial meltdown the here is 34. All the US banks have been nationalized. Unemployment is about between twelve and 20% Dow is trading at 2800. The real estate market has collapsed government and unions control most of the business and America's credit rating has been down."

" that's the first scenario joining me now is we have Stephen Moore. Senior he is senior economic writer for The Wall Street Journal and Jerrold slammed today -- is the founder of trends research institute. -- Trash here what are spooky is -- I know because him for you this is like not a war game you think a lot of this stuff is really coming. We're writing the history of the future -- What is life like under that scenario what is life like. In -- fourteen for America. New York City looks like Mexico City if you have money where they think he's going to have money you're going to be a target for kidnapping. We're going to see major cities look like al-Qaeda. Is going to need a homeless. Panhandlers. Is poker is Poland's. If it's prozac hello there that I'll take a couple prozac American Indian has -- okay. Yes it's going to be serious it's going to they were going to see petty thieves. And we're going to see pickpocket say. But but but. What does that -- for instance. As Stephen tell me -- a first before we go to did we go back again give me the economic what is the economic picture look like what what is happening to us."

" Well we we allowed government to run away with itself we became consumed. By death. Runaway government spending. Credit rating that's just been crushed by the overwhelming amount of that and and that taxation and you know when you ask me about this doomsday scenario. You don't have to you know you think about these wild but we've seen this happen to other countries you've seen it happen to Mexico Bolivia Argentina -- as Zimbabwe Russia. All consumed by government. All -- that led to the decline of their civilization people they say to me all the time when with the United States of America. I read an editorial in the New York Times. That said. We don't know how these things will play out printing all of this money and this unchartered territory but there's no point for the United States it's not for other countries it has been right it always ends the same way that's right and -- just look at what has happened in just the last six months I mean we have. And printed more money. And increase the debt of the country more than any time in the first 200 years if he stayed down that path that story does not have a happy and so do we have hyper inflation with this scenario could be -- could be anywhere but again that's happening in some countries hyperinflation get so bad. Glad that that people have to go to the shopping stores literally with wheelbarrow full of told their currency if some countries the people don't even use the currency and other countries. They print the currency but they don't put the good the nomination not -- because they write it down on the piece of paper can end and that and the currency becomes isn't valueless as the paper that it is printed we are seeing now -- pat."

" What did what did it closed today 757573. -- like that. It is a gallon -- scenario I think was about three to 3000. Money is in our scenario is really worthless because the government is debased it and you say that people make their own money. I just want to show of this. This is this is a liberty dollar I believe the man who made this actually went to jail isn't in any familiar with the story he went to jail. I have this money and this is the only thing I could find this morning. When I go out on tour -- people come up to me and they will hand me this money they will handed to me and say brother you -- preach on about the money. People are making. Bogus American money because they don't believe in it right now this is that."

" Well look what's going on with -- gold it topped over a thousand dollars an -- today and we've been predicting this for a long time. By the twenty by 35. You're going to see goal probably at 8000 dollars an -- and why do people buy goal. -- What we created this scenario for the future that's happening in the presence. It actually tracking trends as a way of understanding where we are seeing how we got here and then looking where we're going. This is unprecedented. And we have people telling this -- Larry it's going to be all right. I mean there's nothing that they could say that they've done right and going to pull this one off a --"

" TVV. Hyperinflation inflation is caused in our scenario. Because nobody start nobody's loaning us money in right and so when they don't loan -- money anymore when China finally says no then we just have to print that money. To cover our debts -- in in this scenario. So security doesn't look -- there's no government but I did hello people say oh well at least so secure and safe. -- false Social Security is not say nothing I mean -- I mean how can the government pay benefits they -- pay -- benefits but the dollars they -- you went -- about going to be -- until -- let me let me go to another top."