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Published: Tue, 13 Oct 2009
Description: Jerome Corsi gives first look at new book 'America for Sale'
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" In the past his books have shined a spotlight on the controversial records on presidential candidates like senators John Kerry and Barack Obama. And now doctor drove course he's brand new book America personnel fighting the new world order surviving a global depression. And preserving USA sovereignty is calling on you the taxpayer to stand up and fight back against the expansion of big government joining me now for explosive. Interview is the author himself doctor Jerome coarsely -- according to the -- shown great to be bad as that he has ever read this a site where is the whereas. The -- the liberal bloggers gonna attack from and I think -- on the area I think you have to we agreed it's it's. I'm showing that -- for Barack Obama is a global list. And the attack on American sovereignty the giving away the United States has never been greater than under Barack Obama. It is its controversial but is this so there is what find agreement. It's so much information here I learned first at Bob often talked about the community. Reinvestment act right Jimmy Carter doubled down by -- by Bill Clinton about Raines and Johnson and how much money they made you have all that information."
" But it's a deeper story than that months because there was fraud that there was there was an attempt here to. Use the community redevelopment act as a way to extort banks. Indeed giving loans to people who didn't deserve them home loans to people who couldn't afford them right and this was a strong democratic initiative to carry through acorn. Fact Barack Obama was a lawyer for acorn helping acorn extort banks. And in the sub primaries I think a lot of people need to understand this that there is no reason that we have this economic downturn right now specifically for example you talk about four. Reasons America is for sale and -- through the so our audience can follow along with us. We start with the mortgage bubble the right. These sub prime crisis Fannie and Freddie and also keeping interest rates artificially low 200320041%. And by the way that's not even good enough for the Obama administration now we have interest rates at zero. Or close to zero so we're bubbling up again. And the global produces housing boom. That was certain to collapse once interest rates increased. As a sub prime loan -- couldn't afford the homeless but this also corruption yes you describe. Also friends advisers you point out and I didn't know that so I learned this in this -- friends including some prominent senators like senator Dodd who utilized friendships with. Very it felt extreme. Sub prime lenders to get favorable reported countrywide might have with the Johnson or -- was just tell us about -- friends had included for I don't know that friends of Angelo and so there are congressman along the Democrats have themselves lined up but the but. They made millions yes and if this was a private corporation. It would they be in jail they should be right now investigated again these these private deals at senator -- the others had to their benefit. While the economy tanked and there's millions of people now facing losing their homes. Senator Dodd the other Democrats should be held accountable for this this again back to the -- reasons America for sale yet try to get the mortgage bubble which we just talked about yes the second thing you point out is the dependence on by the way I I'm. If we don't end our dependence on foreign oil we are not for the yeah -- on foreign oil right and right now we're where 60%. Of our oil comes from foreign sources. At the end of the Bush Administration there was voting in congress. To allow offshore drilling. The Obama administration still holding them up. And again we find countries like Brazil Brazil is about to become a Saudi Arabia. The Western Hemisphere with offshore oil. If Brazil can do it we're gonna allow Russia and China to drill off Key West wing and we have enough resources. In right now right now. Example Alaska and noir. We're finding this huge amounts of natural gas and deep levels within the continental United States and the gulf. The golf the golf week we found tremendous. New resource is that if we will allow offshore drilling. We could within a ten year period time mood dramatically. Closer to US oil. Independence. Arts and now with so those of the first Americans yourself. You talk about a global. New deal yes a lot of people here that they think conspiracy. No it's it's a matter of the pushing the international organizations we have a new deal under Franklin Roosevelt which was redistribution of wealth. In the United States creating all these massive social welfare programs. Now its International -- going on we're groups like the EU and other groups the World Bank the International Monetary Fund want to re distribute US wealth to the world. And Barack Obama and senator -- about the US economy. The US worker. Is focusing on our world you were convinced that these organizations and you go and a great specificity and detail you name names who -- under the through mall. But you are really convinced. That there are people in this country that want America does not just to redistribute. We distribute wealth among Americans right but to the world exactly and I -- some. I named some of these global insight got to go through. George Soros and showed George -- related to the so gonna get into at least for the next segment the in the whole issue is that if the International Monetary Fund is going to. Or though for the United Nations of the World Bank say we've got to have more voting control from the Third World -- level the US economy. We've got to make sure the US plays by these international rules. When every time the president goes -- the G-20 meetings we just had one in Pitt and Pittsburgh. Again the rules were assigned to give. China and the less developed countries more control over the International Monetary Fund a -- this is the fourth thing destroying the dollar and trying to -- the dollar as the standard exactly and this attack is going on now even the Obama administration has endorsed the plan to use the international monetary fund's. Special drawing rights. As an alternative to the dollar and international trade. China's advance this plan Russia's advanced it. And President Obama at the G-20 meeting in London in April. Signed the agreements that we're gonna put 250 billion dollars into the special drawing rights at the international monetary fine stay right there."
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