GLENN: Well, if you go back and you look at the beginning of the Fed, that's exactly what happened originally. Back in the, you know, 1910, 1911, in this area, they wanted to have the fed and I don't remember what they originally, they originally proposed calling it. But they originally proposed calling it one thing. I'm really losing the facts here, but I think the Democrats were for it and they couldn't cobble it together for the Fed and nobody bought into the idea of a Fed. It fell, it went away, it came back almost immediately renamed as the Federal Reserve. Well, it was renamed the Federal Reserve and all of a sudden it sounded like a government institution and they could sell it and they were like, oh, well, it's the Fed, it's the Federal Reserve. Oh, well, it's a government institution, oh, well, it's not so bad. And one of the things that they were talking about was there will never be a Depression again, they will never have a recession again because the Fed will be able to control it and what it was was a move by globalists and global banks and you've got to remember. I mean, this was right around the time when Woodrow Wilson, who was a nightmare, I now find out after I'm out of school and the idea was connect all of these banks together and go into a global style bank. And they manipulate -- these giant banks did manipulate the market to be able to make it more attractive to have the Fed. The Fed doesn't work. I mean, I just -- it's a huge, huge mistake, I think. And they are -- what we've done is we've pulled ourself off the gold standard and we've cobbled all of these systems together. If you go back and you read Carroll Quigley, Tragedy and Hope, you will see that this was all done, they say, to be able to stop us from hurting each other, stop us from having another world war, stop us -- if they would cobble all of us together, they would tie our economies together, they would tie everything together, well, then we would never attack Russia or Germany would never attack the United States or England because if they did, they would lose money. Their economy would collapse if our economy collapsed. If we collapsed, China would collapse. You hear this all the time: Well, China would never do anything because China, China would collapse itself; it needs us. This was the plan of tying all of these things together. But what kills me is if you read the stuff that was exposed in the 1960s by the people involved, by Carroll Quigley, who was the flaming one-world government kind of guy and then distance, they all distanced themselves in the 1960s when this book came out and said, "Carroll Quigley, I don't know -- who? I have nothing to do with that guy." Yet he's met with every single President until his death. He's the guy who got Clinton the Rhodes scholarship. This guy was extraordinarily influential all the way along. If you read it, all of these globalists forgot one thing. There's a back door and they talk about it but they dismiss it in the book. The back door is do you have anybody who doesn't care about an economy. If you have a tribal system that ever tries to come against one of these nations and they don't care because they're living in the stone age and they don't mind putting everybody in the stone age, then you're in trouble. Well, that's the back door and that's exactly the back door that the people were fighting right now who are literally living in caves. And they know it and that's what they're trying to do. That's why they entity the World Trade Center, not the Empire State building. They tried to collapse our economy. That is their goal to collapse our economy because they know if they collapse our economy, the rest of the world economy collapses as well. And on top of it, the other back door is just plain out and out greed. And this is the perfect economic storm that I've been telling you about. You've got Al-Qaeda and Iran and everybody else that are living in the stone age that don't mind if it collapses and so they have no problem collapsing an economy. There is one back door and then the other is the greed, the greed of some Americans that said, I want that house; I don't care what I have to do; I'll do an interest-only loan. Then you have the greed of the American politicians, "I'll do or say anything to get elected, I'll give anybody anything, I'll give you more prescription drugs, I won't cut Social Security, I'll give people who don't pay taxes a tax rebate to, quote, stimulate the economy, I'll do anything I have to do to get elected." And then you have the banking system: "I'll make money any way I can. Don't worry about tomorrow. Just worry about earnings today."
Well, all of those things are now happening and now you know and with some credibility because you can see it starting to form here when I told you this originally, you know, half a year ago, eight months ago, nobody was listening to me. Now please listen to me. All of these things are starting to come together. It is the back door and if we're smart, if we take care of ourself, if we will admit that we have this problem and this back door, we can protect it but until we admit that we have this back door, until we admit that we're not invincible, we'll never fix the problem. We'll continue to do what we're doing and we'll allow the Fed to continue to cut the rate to give us a short-term Band-Aid. We'll continue to just sit here and deny the problem and say, okay, we dodged the bullet today but a bigger bullet will come tomorrow. We've got to face the hard truth today.