3 chapters across the catalog
General Mark Milley addressed the American Bankers Association, warning of the possibility of armed conflict with China. He noted that President Xi Jinping has instructed his military to be capable of invading Taiwan by 2027. Milley described a "multipolar world" where China seeks to become the dominant global power by 2049, necessitating a buildup of the U.S. military-industrial complex.
Federal Reserve Structure, Goldman Sachs, and Accounting Rule Changes
The Federal Reserve is described as a private cabal of banks that enriches its members through fractional reserve banking and close ties to firms like Goldman Sachs. Professor Bill Black highlights that Bernanke supported gutting accounting rules at the behest of the American Bankers Association and the Chamber of Commerce. These changes allow banks to hide losses and report artificial profits, which in turn justifies massive executive bonuses.
National People's Action Protests and Banker Security Concerns
The National People's Action group is organizing protests at the home of Ed Yingling, head of the American Bankers Association, to target the "true evil" behind the financial crisis. In response to increasing public anger, executives at Goldman Sachs and other major banks are reportedly registering handguns and increasing personal security. The hosts discuss the potential for public disorder as citizens become increasingly frustrated with the banking elite.
