Coast to Coast - March 22 2017 - State of the Economy - Political Controversies.nfo
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Coast to Coast - March 22 2017 - State of the Economy - Political Controversies
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General Information
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More Info............: http://www.coasttocoastam.com/show/2017/03/22
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Release Notes
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DATE: Wednesday - March 22, 2017
HOST: George Noory
GUESTS: Michael Shedlock, Roger Stone
In the first half, financial analyst Mish Shedlock talked about the state of the
economy. Regarding the possible bankruptcy of the corporate owner of Kmart and
Sears, he commented that "vulture capitalists" came in and stripped out the
company's assets and unleashed its debt causing the stock price to soar. They
made huge amounts of money, he cited, but now the company is languishing again.
Payless Shoes is also said to be moving toward filing for bankruptcy. A lot of
retail purchasing has shifted to online outlets such as Amazon, and "I think the
whole retail mall structure is in for an enormous shock," and along with that
will come many lost jobs, he cautioned.
Homes are back up at "bubble prices" and the National Association of Realtors
suggested that there is a lack of inventory. There's a lack of inventory because
home prices have advanced beyond the affordability of the average consumer, he
remarked. There is also a massive glut of used cars on the market, and prices
for them have gone down for eight months in a row, Shedlock added. He is
suspicious of the "healthy" US jobs reports over the last year and believes that
many people are taking multiple part time jobs which fall outside of the
government report.
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Political consultant and strategist Roger Stone appeared in the latter half,
talking about the 2016 presidential campaign, and news and controversies
associated with himself and the Trump administration. Stone spoke about recently
recovering from a severe illness-- he believes he was poisoned with polonium, as
well as being the victim in a seemingly deliberate hit-and-run broadside car
crash in Broward County, while he was on his book tour. He suspects these
attacks might have been done to prevent him from testifying in the government
hearings on Russian involvement with hacking and election interference. Stone
said he's had no associations with any Russians, and his Twitter exchange with
Guccifer 2.0 (alleged to be a Russian hacker) was inconsequential.
According to Stone, Trump's election is a repudiation of the globalist agenda of
the Clinton/Bush years-- endless wars, erosion of civil liberties, massive
spending, huge debt, defacto open borders, and a trade policy sending American
jobs overseas. Further, he declared that "there is no doubt whatsoever that
Donald Trump was under surveillance at Trump Tower...his phones were bugged, not
only at his New York office," but his private residences in Manhattan and Palm
Beach, going back years, and this has recently been justified because of the
suspicion of his colluding with the Russians.
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During the first half-hour, Coast producer Tom Danheiser described his journey
on NASA's Airborne Observatory Sofia, along with Steve Kates, "Dr. Sky."
News segment guests: John Curtis, Charles R. Smith
WEBSITE(S):
mishtalk.com
stonezone.com
BOOK(S):
The Making of the President 2016
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