This show is titled "Hey Wall Street, Naked Short Sell This!" and is being released on Monday, May 17, 2010. My interview with Dr. Patrick Byrne and co-host, Wall Street whistle blower, Richard Andrew Grove, was recorded on May 07, 2010.
Tonight we have a bit of a change up. I have Wall Street whistle-blower Richard Andrew Grove from Tragedy & Hope Magazine as my co-host, and our guest is Dr. Patrick Byrne. This is yet another powerful Gnostic Media interview - arguably the most powerful - and, if we're all honest with ourselves and fight for the truth rather than greed, it's powerful enough to bring down Wall Street itself. And since the Emperor's New Clothes reveal all that is Wall Street, I thought a fitting title would be "Hey Wall Street, Naked Short Sell This!".
What happens when you take a doctor of philosophy and head of an $800 million dollar company and make him a victim of naked short selling and Wall Street fraud; and put him together with a Wall Street whistle-blower who was on the inside selling the very software used to perpetrate these crimes against humanity? Sit back and hold on because if you thought discussing Wall Street and finance was boring, you're about to have your mind blown wide open. This is it folks. This is how the whole scam works - from top to bottom.
Patrick M. Byrne (born 1962, Fort Wayne, Indiana, United States) is the president, CEO, and chairman of the board of directors of Internet retailer Overstock.com. In 1999, Byrne took control of the company, then called D2: Discounts Direct, and changed its name to Overstock. He had previously served shorter terms leading two smaller companies, including one owned by Warren Buffett’s Berkshire Hathaway. In 2002, Byrne took Overstock.com public. The company has since increased its revenue to over $800 million a year, and it turned an annual profit in 2009. In 2002, Byrne was named to BusinessWeek’s list of the 25 most influential people in e-Business and Ernst & Young awarded Byrne the "2002 Milestone Award Winner Utah Region."
Beginning in 2005, Byrne become known for his campaign against naked short selling, a practice which he says has been used in violation of securities law to hurt the price of his and other companies' stock. Under his direction, Overstock.com has filed two lawsuits alleging improper acts by Wall Street firms, a hedge fund, and an independent research firm.
As a prerequisite to this interview, it's highly recommended that you go back and listen to episodes 49 and 50 on the Trivium Method with Gene Odening, and episode #62 with Dr. Michael Lobossiere on logical fallacies. The application of the 7 liberal arts is discussed throughout this current interview. Episodes #49: http://gnosticmedia.podomatic.com/entry/2009-10-25T22_26_49-07_00 #50: http://gnosticmedia.podomatic.com/entry/2009-11-01T23_11_48-08_00 #62: http://gnosticmedia.podomatic.com/entry/2010-01-25T09_41_32-08_00
Also referenced in this episode is my interview #16 with Dr. John Loftus - the former top US Justice Dept. Prosecutor under the Carter and Reagan administrations. In that interview we discuss the US creation of al Qaeda and the Muslim Brotherhood. http://premium.gnosticmedia.podomatic.com/entry/2009-02-01T23_49_41-08_00
If you would like more information about Dr. Byrnes research on Wall Street and Naked Short Selling, go to http://www.deepcapture.com, and for more information regarding Dr. Byrne, go to http://www.overstock.com
Imagine a third world nation was mired in corruption so deeply that the ruling class were able to stealthily steal the rights to vast acreage of private property from landowners without paying any compensation.
Imagine that one of the victims of this injustice had approached every court of the land and had not even had his case heard, even after more than 200 attempts.
In desperation, and with no other avenue available, having officially “lost the farm”, he starts a hunger strike, which has now gone for 28 days unbroken, threatening to starve to death if he has to.
Welcome to Australia — right on track for Third World Status.
Get ready to be shocked. This is an moving example of why “policy by accident” is a dangerous way to govern. In this case, innocuous feel-good laws end up crushing upstanding citizens. Peter Spencer is still alive (though he may only have 12 – 20 days to go) but how many other farming men were put through the environmental-ringer, and drowned themselves in brandy, picked up a gun, or crashed the car into the only tree near the road? None of these deaths would be recorded as victims of bureaucracy.
Every one of my projects is destroyed, every one of my…it’s just disgraceful
Peter Spencer bought a farm south of Canberra in the early 1980’s. In the mid 1990’s new laws rolled into action that prevented land clearing. That meant, even though the land belonged to him, Peter could no longer clear the regrowth. Eighty percent of what he paid for was effectively confiscated. He received nothing in return and there was no way out. He couldn’t sell the property — who would buy a piece of land they have no right to use?
But Peter still had a mortgage to pay, and no way of earning the money to do it. Recently, his last legal avenue was exhausted, and the sherriff gained a warrant to take the farm off him. That was the final straw…
Peter Spencer has issued the Prime Minister of Australia with a letter of his demands. He wants a Royal Commission and compensation for all the farmers who have lost the right to use their land.
Compensation would cost billions. But Kevin Rudd’s “stimulus package” (spend-for-the-sake-of-spending), was 42 billion dollars big.
This is what happens when big government gets your money. It gives a “free” handout of $950 per tax-payer to randomly “stimulate the economy”, and uses the rest to build school halls, even in schools which already had a hall, or in schools which desperately needed a library. The long story
ABC Radio National (Counterpoint) has one of the best descriptions of his story in the transcript of an interview with Michael Duffy. It’s clear that Spencer has been willing to try to work around the laws, and be creative about managing his property. After the land-clearing laws came into effect, Peter paid hundreds of thousands of dollars to set up ponds for trout fishing. But new water laws ended that too (and also without compensation). Tenaciously Peter then set up a fine-wool breeding program, but the bushfires of 2003 (that destroyed 500 homes in Canberra, and native forest near Peter) meant that hundreds of wild dogs were forced out of burnt areas. They over-ran his property, killing hundreds of sheep.
Spencer: Every one of my projects is destroyed, every one of my…it’s just disgraceful, Michael, I just feel sick. I was just thinking last night, I can remember going off to court, day after day, sometimes the last eight or nine weeks I would come back, spend one night [unclear], change all my files, back to Sydney again. I spent nearly five weeks there non-stop the last two months. And I’d watch sheep dying in the paddock and I couldn’t go round and shoot them because I had nobody left to help me. I had to let them die on their own, just kicking and struggling because they couldn’t stand up anymore, nothing to feed them with, it was just unbelievable.
Spencer points out that the land-grab by the Australian Government meant the nation met it’s Kyoto commitments, a target that would otherwise have been blown away. The carbon stored in confiscated land amounts to about $10.7 billion in carbon credits. Probably the total value lost (with interest) from the productive use of that land would be many times higher.
The Australian has only covered this story as an attack Barnaby Joyce. The man who hasn’t eaten for four weeks, and who is a victim of a fascist government illegal action, doesn’t make a news story in his own right. (This spans both sides of politics). I can’t find a mention of the hunger-striking “Peter Spencer” in the Sydney Morning Herald, or in The Age. If you thought you were buying one of our major dailies because they would tell you all the news, think again.
A search of The Australian site over the last month reveals just the one mention of Peter Spencer within the piece on Barnaby Joyce, but 94 mentions of Tiger Woods. This is our national masthead?
If your property was stolen by a creeping cancerous form of government, and you are prepared to die for your rights, you might get a passing mention. But if you are a foreign sportsman who had … affairs (!), it’s front page news.
If we don’t have full meaningful ownership of our own land, then we have already been conquered by fascism. What use is the “free press” if they don’t warn us as it comes, inform us as it happens, or even bother to report the coup, post hoc?
This is the Alan Jones radio interview with Peter Spencer, and his lawyer with images overlaid. Listen to just how articulate and well spoken Peter is.
A Current Affair visited Peter Spencer and got some moving footage of the tower and him speaking.
Carbongate (Crickey.com) – Steve Truman exposes The Great Carbon Heist: How 83.7 million tonnes of Carbon Credits was stolen from farmers.
Justin Jefferson in Quadrant looks at the legal side of the question, and explores the bigger picture of why both National and State governments are palming this off to the other.
Under the Australian Constitution, if the Commonwealth wants to acquire a person’s property, it must do so on ‘just terms’, i.e. pay fair compensation. Since land-use rights form part of the equity of a property, the taking of those rights, and vesting the control and benefit of them in government bodies, is in effect a compulsory acquisition of property rights.
In the High Court, the Commonwealth is arguing that the Constitution was not intended to protect against forced acquisitions of property by the executive arm of government! The absurdity, or dishonesty, of this argument should be obvious. If it were accepted, it would make the very idea of private property, and constitutional and limited government, meaningless.
Greenpeace clearly part of the global man made climate change fraud
It’s a sight we have all become familiar with in the media over the years. Greenpeace activists sneaking on board commercial ships and buildings, draping homemade banners adorned with radical environmental slogans over the ship’s bow. This week in Copenhagen saw the first-ever opening salvo by climate sceptics returning direct fire back to the very green campaign groups who uphold the globalists’ climate change global mantra.
An entirely new breed of activist has been born- the “climate skeptivist”.
On Wednesday, Global warming skeptics from CFACT pulled off an international climate caper by using GPS triangulation from Greenpeace’s own on-board camera photos to locate and sail up long-side its famous vessel, Rainbow Warrior. Then in Greenpeace-like fashion, the ‘climate realists’ dropped a banner reading “Propaganda Warrior” in order to highlights how the radical green group’s policies and agenda are based on a series of scientific myths, lies and exaggerations about global warming and climate change.
Global warming skeptics from CFACT pulled off an international climate caper.
Earlier that day, CFACT’s “skeptivists” also boarded Greenpeace’s other seafaring vessel, the Arctic Sunrise, gaining passage on deck by distracting Greenpeace crew with boxes of doughnuts whilst they unfurled yet another banner hand-painted with the slogan “Ship of Lies” off of the ship’s starboard side.
Using its well-known radical approach to activism, campaigning group Greenpeace has become one of the key components behind the proliferation of man-made global warming theory, as well as its subsequent rebranding into what is now commonly known as “climate change”. Greenpeace leader Gerd Leipold was recently forced to confess during an interview with the BBC that his organization issued misleading and exaggerated information claiming that Arctic ice would disappear completely by 2030. Greenpeace’s own members commonly cite the group’s reports on climate change as ‘trusted’ science, when in reality their claims are politically motivated, promoting selective science. The organisation’s co-founder, Patrick Moore, who has long since been chased out by radical left elements in the group, foresaw this as a genuine flaw in Greenpeace’s hierarchy. Moore stated in 2008 that “I observed that none of my fellow directors had any formal science education. They were either political activists or environmental entrepreneurs. Ultimately, a trend toward abandoning scientific objectivity in favor of political agendas forced me to leave Greenpeace in 1986.”
After nearly a decade of campaigning for vague concepts as ‘climate action’ and ‘climate justice’ with virtually no direct public opposition, Greenpeace members will certainly be shocked and horrified to see a genuine physical challenge their assumed moral hegemony over all things environmental.
CFACT executive director Craig Rucker masterminded the operation and explains, “Greenpeace has been using these kinds of tactics for decades, and now they can find out what it’s like to have a little taste of their own medicine“.
After nearly a week of fundamentally meaningless street protests by climate action groups and their hundreds of arrests, how refreshing to see climate realists take action- certainly they are an environmental movement with a brain. It might seem like a modest skirmish on the high seas, but with any luck, The Battle of Copenhagen will be remembered as a rallying cry for lovers of real science and common sense everywhere.
Can anyone hear the cogent science of Nils Axel Morner and still listen with a straight face to tales of submerging islands and drowning polar bears?
Can you at last sleep at night, knowing that our glaciars will continue to grow and contract at their own natural, glacial pace? That they are not about to vanish from the earth? Thank you, Cliff Ollier.
I grant you all license to breathe. Go ahead, exhale, I will too. CO2 is not a pollutant. Common sense tells us that CO2 is a natural, wholesome part of life, though common sense doesn't say it as eloquently as Leighton Steward and Ian Plimer.
You can't believe that raising taxes would lower temperatures after hearing this foolishness debunked by Stuart Wheeler, Lord Christopher Monckton and Henrik Svensmark.
We can all look forward to hearing more enlightening presentations of critical importance today. Here in the City of Copenhagen, famed for the great storyteller Hans Christian Anderson, we can't help but reminded that propaganda can make you view the world in strange ways. Propaganda makes you see clothes on a naked emperor, it makes you see man-made climate change in a world where nature rules our temperature. Let us remember the voice of the child who cried, "but he has nothing on." Let us have the courage to reveal that the global warming emperor has no clothes.
Be sure to sign the petition at www.allpainnogain.org and follow our Mission Copenhagen at www.CFACT.TV.
Quod attinet ad jus civile, servi pro nullis habentur, non tamen et jure naturali; quia quod ad jus naturale attinet, omnes homines aequales sunt.
‘Before the Civil law a slave is nothing, but not before the Natural law; for in the eye of Natural law all men are equal.’
"The new black is a tinfoil hat" Fraser
In a free society, the rights and laws protect the individual from the government. In a dictatorship, the rights and laws protect the government from the people. The more corrupt the state, the more numerous the laws. Tacitus
"Sometimes I think and other times I AM." Paul Valery, 1871-1945
"The Souls of people, on their way to Earth-life, pass through a room full of Lights; Each takes a Taper, often only a spark, to guide it in the dim country of this world. But some souls are rare fortune, are detained longer and have time to grab a handful of Tapers, which they weave into a Torch. These are the Torch-Bearers of humanity, its Poets, Seers, and Saints, who lead and lift the race out of darkness, towards the Light. They are the lawgivers and the Saviors, the Light-Bringers, Way- Showers and Truth-Tellers, and without them, Humanity would Loose its way in the Dark" PLATO
"How else should it be done then? was always the immediate question. The answer is simple: Exactly in the opposite way that it is done today!" - Viktor Schauberger
Almost all the latter part of my life has been spent unlearning the nonsense I learned in my youth. Geoffrey Higgins 1771-1834
"If 'real' is what you can feel, smell, taste and see... then 'real' is simply electrical signals interpreted by your brain." Morpheus
"Crazy is the WAVE of the future…I am but a glimpse of a changing TIDE" CodeX4
"Not to oppose error is to approve it - Not to defend Truth is to supress it!" - Pope St. Felix III
"Even if you are the minority of one, the truth is still the truth" - Gandhi
"Condemnation without investigation is the height of ignorance" - Einstein
"Knowing truth is not enough - successful change requires action!" - Gyeorgos Ceres Hatonn
“One of the penalties for not taking an interest in politics is that you end up being governed by your inferiors”. Plato 400BC
Science is NOT Religion Often one sees a conversation or debate on the web wherein one side takes a strong position about the so-called inviolate "laws of physics" and claims these laws prevents so and so effect whether it be free energy, levitation, HHO mileage extensions, spirituality, life after death, Brown's Gas or whatever. Most if not all of these proponents have never dug through or investigated these so-called "laws of physics" and as such are simply mouthing the words of dogma and doctrine someone else said before them. In other words they are more like parrots or other trained non-thinking animal who learned that when doing what they are bid by their "superiors" (experts, teachers, employers, owners) they get rewarded. When they go against the status quo or contrary to the accepted or politically correct dogma and doctrine they are punished or penalized. This is of course more like a pious religious stance and nothing like real science wherein everything and every authority is persistently questioned. So the beat of ignorance and conceit goes on...
On the other hand science is not a democracy (mob rule). Facts are facts and are not decided by vote or consensus as is often done in the so-called environmental movement. Ideally science pursues truth no matter whose sacred cow gets gored. Unfortunately, the real world for science is to do what the guy with the money wants. For instance there are unlimited funds for inventing and producing services, products and processes for controlling and killing people. There are few funds for doing the opposite of promoting Life, Light and Love in our communities. Dale Pond
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