unemployment rate may have taken again but the stock market took a deep nosedive this week and the economy's rough waters so what's going to be for the u.s. the first live. and while the u.s. is dealing with buoyancy problems some communities have chosen to swim against the current or currency in this case creating a different monetary system altogether and there's money to go around. and rifling over the second amendment right here why gun dealers and buyers are saying w t f to a.t.f. sell and tell policy. what is so dangerous about you making your own choice about whether or not you can drink from meal i think we ought to vote for the right to

drink. well not of the milk please have anything to say about it so why is the government waging a raw food fight. good evening it's friday august fifth eight pm here in washington d.c. i'm lauren lyster and your watching r.t. now new jobs numbers are out the unemployment rate ticked down a tenth of a percentage point to nine point one percent it was a simple limmer of hope coming just days after a dead deal in washington narrowly escaped default from the u.s. and stocks slid the most since two thousand and nine let's see if we say it was certainly an encouraging development that we were way above expectations. yeah he's on his way out but before he can trust i'm one hundred seventeen thousand jobs were added last month the us needs one hundred twenty five thousand jobs though just to

make up for new people coming into the workforce that doesn't even account for job losses and the unemployment rate went down in part because more people left the workforce and discouraged workers those who aren't even looking for jobs because they are so discouraged when up now in addition with that the average duration of unemployment rose to a new record of close to ten months and the share of the eligible population holding a job which is a fancy term for just the average the working age people the part of population that can work that decline to fifty eight point one percent the lowest since july of one thousand nine hundred eighty three. so now do you think that good news i don't know but it's late pay the default is behind us washington has pressured to reassure the world that it can pay its bills on the fall let's look at some of the global reaction were better to do that than with cartoons but this one coming out of london showing obama serving the wave of debt crisis meanwhile the european

countries western europe is crumbling into the ocean of the u.s. debt crisis sarkozy and angle of bowl sitting there just waiting to fall into that abyss not quite the rosy picture let's see how brazil reads it you have uncle sam there saying hey let's see what a fortune cookie says today you better pay who know the chinese they own a trillion dollars of our debt more than that that's four point five trillion dollars a total of four and holders they're the big one and this one is my personal favorite there you have the tea party dragging uncle sam dragging the world and the world saying something is definitely wrong here something is definitely wrong here and that is the picture that maybe we are missing in the beltway as everybody focuses on the deal that washington did to narrowly escaped default there is so

many other perspectives that are not rosy and on top of this there's more talk of quantitative easing a third round of it markets are volatile today after a dow's five hundred point plunge yesterday a record for the last two years and the dollar hit a record low earlier this week to some people are taking matters into their own hands so they're saying hey we need an escape route they're actually making their own currency and have some of their stories in a minute they can do it's going on there but all of this bad news what can anyone do what can politics births possibly cope with to solve this earlier i spoke with michael penn to senior economist at euro pacific capital and i asked him as a dollar continues to struggle if americans at the local and state level are right to be concerned and correct indigenous dollar making their own currency through what he said. article one section ten of us constitution says that no state jim in any other anything but gold silver is current and that's why some of the states are looking at. yes exactly absolutely when you have someone in charge of the printing

press like ben bernanke who so in them are counterfeiting made out of home jealous and i wouldn't join those who are concerned about the steady devaluation with dollar that was ninety eight percent of its purchasing power girl oh and one hundred seventy one yeah it's a great point and i have more later report but i want to get to what some of your concerns are about the dollar because your concern is about one of your big concerns about u.s. debt and you told me right before when we as a whole debt debate was going on in washington you and i talked and you said that the real problem was not as much to fall as the debt that the country faces that the government is insolvent you need to cut entitlements medicare the article that we've been told and every day from a place where we agreed to raise the debt ceiling by two trillion dollars and cut spending by twenty one billion in two thousand and twelve and forty two billion in two thousand and thirteen so we're careening right towards greece or we're about

three years to graduate so do you think that's why we're seeing as volatility in the market today and the sell off yesterday how much of it do you think has to do with concern over u.s. debt and deficits well we're looking at the ghost of christmas future and we're looking at greece and italy and spain we're looking at their bond yields soar and the case of greece their two year note was thirty percent and then in italy it went from three percent to six percent on any year and our ten year goes from where it is today around one am percent to six percent we are absolutely insolvent and it will be michael ten don't tell me that everybody will know it because we cannot service our fourteen trillion dollars in debt we're paying six percent on the average interest rate ok but michael pinto can you tell me that why is it the. we're seeing such strength and u.s. treasuries yields are extremely low if everyone is so concerned about the deficit and the debt and the united states' ability to pay back its debt after this debt

deal which didn't cut much why are treasuries still so strong well that's a direct reactions what's going on in europe so if there is has to be a parking place for money they're so afraid of owning it counting in debt right now especially after the e.c.b. said today that you know they said over and over again we will not monetize any of our debt and then they come out and things are getting a little you know a little bit here so we're going to write up the printing presses you know politician that's in central bankers or politicians they always came and they tried to go for the people bread and circuses and that's exactly what they're doing over there so they're running over here right now but we're just about three years away from our data but you've been saying how long have you been saying that that this is all going to happen that yields are going to go up that the country is going to die or the people are going to want that i was on the record from the parents for years that saying around down to the our day of reckoning and that ok so then i want to be able to take a tax on that but i will as you saw when i see my god i'm going to come back in

second with them if you will in all honesty i would be hard and they are today in complete candor ok so then you can play can i why do you i gotta give myself do i have to give myself a little i got you will be much harder because the rate of inflation in america is three point six percent year over year and the one you see bill was thing about one point one percent so how much longer are people going to get a negative real return on their interest rates i don't know i mean i guess if everybody had were bottom then we will want to have a real return on investment and i'm betting again ok you're betting against that but you've made a career out of a great point that you thought that even yourself that yields were going to hire they're not that they're just not are very many other states a van for people to go so that kind of makes it sound like the dollar is here to stay has what is the other alternative to the dollar to us get so so here's the thing. so people have been telling me now past few weeks on television and i do on these debates that the us dollar is so. prevalent

around the world and treasuries are so big up predominant around the planet that you have no other parking place for money but i'll submit to you that all it takes is one big treasury auction and yields will skyrocket and phrases will plunge not only for that little bit of debt that was issued that day but yields across the spectrum i knew was that what work hard a treasury auction sends us into the trajectory of greece instantly mark my words it's happening and i don't think there's any way around all right when you predict that that happened two thousand they can't because of the fifteen. the way to two thousand and fifteen to see you go oh there's that right ok well i all i will see whenever that day happens but it's two thousand and fifteen or before or never but let's talk about an exactly different let's talk about jobs actually not

slightly different because you kind of believe that one of the main things that needs to happen is that government spending needs to be cut social welfare needs to be cut but look at them out of people they're on social welfare close to fifteen percent of the u.s. population is now on food stamps the record rose to close to forty six million people in may and there's people that can't get a job people that i'm fifty and so what happens to these people when you cut government spending oh well so he answer to that is to increase government spending and right now the rest of the middle class i mean where does government source its funds from. from taxpayers or private. lenders so they're stealing it from the private sector so what are you there was going to use into more productive assets and the private sector was going to use the grid to the public sector even to just print and create inflation which destroys the middle class because it robs them of their discretionary purchasing power but at the same time michael it looks like the

private sector is robbing the government you have two hundred thirty five thousand americans that made more than a million dollars in two thousand and nine fourteen hundred seventy of them paid no income taxes that's according to the i.r.s. how can you make the case that these people should get away with not paying any taxes that they're not robbing the government the top ten percent maybe fifty percent of all the taxes so that there weren't paying taxes i mean if you want to punish people who are successful i don't understand their distribution philosophy that's michael pinto senior economist at euro pacific capital you know this is one of the things that's going on people are trying to solve these problems from afar from their offices economists are investors or whatever but people at the grassroots level are doing something about it people in their local communities are meeting their own currencies and now a growing number of states are looking at the same thing you talk has legalized gold and silver coins as currency south carolina senator wants its state to create

its own currency and i actually found plenty of examples of both but the local level and state legislators who are looking at just that under the noses of congress right here in the nation's capital have their stories. but if you live in the u.s. and care about whether the dollars in your pocket will be able to buy bread in the future you've likely been paying attention to debates like this in washington d.c. what congress has done and what if it has down we've literally injected. but five point three trillion dollars and i don't think we've got very much for the dollar euro these last three years was devalued almost fifty percent our growing debt could cost us jobs and do serious damage to the economy if here this state legislator in office just thirty miles from the nation's capital watching closely all these are all these are issued in february march of one nine hundred thirty three during the banking crisis growing more concerned about the direction of policy and the dollar this is how they were going to currency if the federal reserve collapses but we go back to this you're making

a contingency plan how do we conduct business how do we conduct an economy if in fact there's still a paper collapses because people don't have any any more trust and if you go shopping at this bar murs market in the shadow of capitol hill you want to get some cash to spend on the market you're already cashing in on another form of tender you are currently using the market here all the common good. to sort of the dollar a local currency circulating within this community of merchants. warns and it was meant to help keep more money closer to home for these reasons economic instability community. we first interviewed its creator close to two years ago when he began to tell mix in his home now circulation has increased along with its reason to be i think the economy is getting worse i don't think anybody would

dispute it turns out others do agree i've seen where we're going i don't like there are no good outcomes but i see it all which may help explain why more than a dozen states are now looking into alternative. if you're on the titanic some of it is the questions that we need lifeboats and maybe we should think about in the light here like this is that this is let's this is why it's a lie so that it's a market the lifeboats afloat this is a nice to work in where i can buy groceries just by being in the market by itself which could amount to more someday if the dollar really goes south. to believe. that. it's not so much one of the local currencies. based on the with dollar and be reduced to give up and you know because you're going to find that with my one patel make i can buy two years of corn and it's this kind of local stimulus for the economy which creators of the patel next in the people that use

that day is really helping them venison and not right my buddies but the movement is coming under fire with critics if you call dollar alternatives catastrophic and unconstitutional first state it's certainly disturbing if there are any people in political life who think that the solution to america's currency problem is to opt out of america and earlier this spring bernard bono if those architect of the liberty dollar was convicted on charges of conspiracy and counterfeiting for making and selling his own coins he was called a domestic terrorist by the u.s. attorney for those more concerned about the destruction of the dollar american dollar is doesn't have any real in them backed by anything the terrorizing is being done to them you don't want to get a situation we don't have a wheelbarrow to go to the store to buy milk i mean that that has happened lauren mr archie washington d.c. now you also don't want to be in

a situation where because you're second member right you have guns and you feel like your rights are being limited that is what a number of gun rights advocates are saying as the a.t.f. alcohol tobacco and firearms agency. has put out a new regulation they started this month mid-month they require gun owners gun store owners are really in border states to report multiple rifle sales now the national rifle association is not happy they filed suit and here's the problem too a.t.f. has had some credibility trouble lately maybe you are familiar with operation fast and furious if you've been watching r t you probably are because this was kind of a scandal that allowed illegally bought guns to go into mexico because a date was hoping that it would lead them to bigger criminals the only problem is that these weapons disappeared they ended up arming the drug cartels so essentially the argument is the us was arming the next and drug cartels now to talk about though by guns rights advocates care so much about these new regulations i spoke

with alex jones i started off our conversation by asking him what was so wrong with asking gun store owners to report multiple gun purchases at their stores because they said well you can't buy a negative forty seven at the store that's a fully automatic list because of made in russia they are pretty arbitrary semiautomatic you can purchase and are used in a very small fraction of crimes but those are in a are let's talk about like an a r fifteen ok. variant a colt m sixteen now already when you buy a gun. there is a instant background check and what type of gun your bind run through the f.b.i. there's an instant check of the form a this is about the a.t.f. ordering people to do things outside of law and filling out giant forms on gun owners who then when they buy two or more high powered rifles period that's anything over twenty two not just semi auto you're getting an f.b.i. or a.t.f.

visit to your house a lot of warrant threatening you and as you mentioned there's a credibility issue tens of thousands of guns over the last two years shipped into mexico and some of the hands of the drug cartels are on record and it's been proven in court documents have been entered that the a.t.f. actually shipping them to them to knock out the other drug cartels that aren't long laundering with drug money through the right us and european based banks and so the a.t.f. has been caught shipping guns into mexico and then blaming the second amendment for it saying we need to restrict your second amendment all i know it's a well let me let me just get in here to kind of get the conversation living at because the thing with that a.t.f. fast and furious two was struck purchases and they didn't track stop artist is so they and they let these guns go into mexico and they were purchased as hop artists when someone goes and buy the gun for somebody else so that negligence there if you can call it that or you know alleged that contents would think any case that

they're having trouble with straw purchases with policing them so if you like it would make sense for them you know for it store owner so report when you know rifles are being purchased from them i let me make it i'll say here we did our job that they don't seem to be doing well it well the other job one of waco and the rest of it look the a.t.f. . has a very sordid history and the cover story that they let tens of thousands of guns be shipped into mexico to track them is a cover story it's now come out in federal court where the head of the center low of drug gang has introduced the documents that guns were being shipped into mexico for five years so his gang could knock out the competition and that the u.s. government was a long time to ship in cocaine that's in the el paso times i actually have the federal filings right here this is the same story over and over again and by the way this is being reported on this week by the el paso times chicago tribune here's

our article from april twenty seventh the top mexican drug lord i traffic cocaine for the u.s. government paul jones of watson info wars dot com here's another one that is getting pinned we want guns directly from u.s. government ok you don't believe their story which doesn't surprise me and they're fair question to be asking but why i mean personally does this does this affect you are make you angry that gun store owners would be burdened with these new regulations do you look and do you on. i probably own fifty farms here on any virus now i said i probably own fifty zero zero in fifty five oh ok ok but but but let's be clear about this the guns i bought have all gone up in value most of them doubled in their value it's a great investment and i am a texan remember the alamo the here in austin oh you're a liberal. with a gun they came they came to confiscate the guns the mexican government did at the

alamo that's what that's what started all this seven hundred seventy six started he a.t.f. outside of law and they went to congress and said pass a law if somebody buys two or more rifles for us to go after him and congress wouldn't pass it so outside of law all the a.t.f. is now doing this and that's why they're being sued i like guns and the a.t.f. in areas like new york and other places they've totally banned guns and obama as a state senator said they want to total gun ban the u.s. attorney general says he believes in a total gun ban and bottom line we have a second amendment we defeated the british empire to get it we're not turning it loose and since obama's been in office gun sales have basically doubled and it's going to continue and the new world order is going to fail that is our stones host of the alex jones show. the speaking of rights what is it your right to eat well let's take a little example when you get when you combine a ron organic farm whole fresh farm to table food for buyers who knowingly seek

this as an alternative to alternative genetically modified foods that you often purchase in the supermarket on the shelves there is that just you know a good smart solution to g.m.o. foods or is it the opportunity for a multiyear watching raid on farmers and arrested them on charges of conspiring to distribute ragnarok well in reality it is the latter in this country at least and remember when i was there in california for the fallout. love america. federal agents and fully armed local police teamed up for a major raid in bennett's california but it wasn't drugs they were looking for what they perceive him to do was take about eight hundred gallons of raw milk and for it down the kitchen sink this week's raid is the latest battle between ross and boots on organic food co-op and health officials the food and drug administration says that they are protecting people from the health risks of drinking unpasteurized

milk but members of rossum sign a waiver saying they'll take that risk raw milk doesn't have lactose intolerance it doesn't have allergies were passed right now cast lots of actors and hearts and lots of allergies despite that the operator james stewart and two others were arrested in a repeating several charges including conspiracy and processing milk without pasteurization this extensive search warrant so that investigators have been keeping a very close eye on rossum for the past year it's an investigation which has taken up many man hours and plenty of us tax dollars citizens we are should rise up people protesting the crackdown are outraged at what they see as government going overboard we pretend like we're fighting for our freedom. and we're losing our freedom we're for simple simple things like let's just grow our own food last year russell was also reading this video of officers with guns drawn true nationwide

outrage mark mcafee a raw milk dairy farmer is angry that the industry is being pursued so aggressively and points to the influence that large corporations have on government regulators it's not just the public it's dangerous to the agricultural interests interests that want to capture all the milk and not have anybody drinking that other than pasteurized not the recons just as one of the largest food producers in america. cargill is recalling millions of pounds of me which may be causing people to get sick that went to one death in california so for no reported illnesses from the food rassam today the only thing that supporters of the raw food movement are sick of is people telling them what they can or cannot put in their mouth and we sit back and do nothing we're basically saying go ahead take our rights decide what we get to put. somebody else arbitrarily. paul and many others here

say they will continue fighting for their right to plant or share what they want in los angeles ramon galindo party now earlier i spoke with the health ranger mike adams who broke this story and i asked him why ronald is such a threat and also agency raid was needed not just this time but other times he said he said. both clearly raw milk is a threat to the conventional dairy industry which doesn't want to see raw milk exist at all now the f.d.a. believes that its job is to destroy the raw milk industry and we actually have evidence now that the f.d.a. is conducting a secret war against rod berry farmers across the country in wisconsin and california and it's doing it because it wants to have the power to keep people in their place doesn't want people to have the freedom to engage in their own food production and food sharing throughout the community without f.d.a.

approval so you're telling me that these small farms where they're just telling to each other and koat it agreed to it not even in markets are really a threat for the power as the industrial no industry just because the popularity of raw milk and farmers markets and local food producers is spreading like wildfire fire and that's one of the reasons there's such tremendous outrage across the board about the story and about this raid that saw the u.s. government actually pouring milk down the drain destroying food right in front of people many of the people at that protest part of which you just showed there on your film there on the record saying that in their opinion this is an example of government terrorism against the american people and i hear what you're saying about the growing trend of raw milk i don't know what you have to do in order to get me to drink it i don't it doesn't appeal to me but i'm that's not to say that doesn't appeal to a lot of people but that's not really the point so we decided that the government should decide who gets to put what food in their body you're exactly right i don't

drink milk either i've chosen not to consume dairy but i support the rights of others to consume whatever types of food that they wish to consume that's the basis of a free society but what the u.s. government is doing today it looks a lot more like north korea than the land of the free and that's what's disturbing many people and causing such outrage across the board but who decided that it was the government's role to do that well interestingly this is part of the expansion. based on the food modernization safety act which was just passed into law last december and many people thought that was about protecting the food and making it safer well it turns out that the f.d.a. has new powers are targeting raw dairy farmers local food producers and it has nothing to do with safety everything to do with protecting certain corporate interests who lobbied for that bill where their corporate interest lobbying for that bill. big time yeah a lot of corporate interest including the dairy corporation including the major food producers and a lot of people were hoodwinked into thinking that that was going to be

a good bill and it turns out it's just another dangerous expansion of big government that's being used against the freedoms of the people so where are the people like they run right thing out then protesting in the streets and lobbying to have ron elk doing so there is a a revolt happening online is starting to spread old media traditional media has refused to cover this story so many people don't even know this is happening yet but they will as alternative media and institutions like yours continue to cover this people will find out and there will be more rallies and more protests against this kind of out overreaching government power against freedom. wow that was mike adams the health ranger and we are getting reports we've been speaking so much about the ratings agencies and the u.s. is a aaa credit rating and if it could ever get lowered and the debt debate was thought to have alleviated that and now we are getting reports that the s. and p. has in fact downgraded u.s. credit rating this is the first time in u.s.

history that the one of the western ratings agencies has done this we will follow all of the implications and all of the analysis is one reason why you need to come back are to america money for and here are some others there's a lot coming up next week that you don't want to miss shari'a law some faith in the u.s. to move to make laws to ban it preemptively but in britain more and it will show us the debate as it's going on there hardline muslims try to for shari'a law in london and we will have the latest now ron paul here in the u.s. the man the myth of presidential contender christine for his i will be in iowa following paul's campaign in a way that only our t.v. will be covering it and it is also the third anniversary of the war in south of the dia looking back as a prime example of this well the u.s. condemns lack of democracy and many a country and other violations georgia has been largely spared criticism india u.s. for its role in the south of setia war why is that well a lot.