McAlvany Weekly Commentary

John & Carol: The New Economic Normal

Broadcast Running Time: 22:39

John Loeffler

December 10, 2020

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Following up on yesterday's round table discussion on overcoming angst, John and Carol collaborate today to look at the new normal (or ongoing paradigm shift) in the world of economics. They look at the global economic picture, the actions of central banks around the world, and how the virus is affecting businesses both big and small. They also play a clip from this week's McAlvany Weekly Commentary on how the markets are realigning to the new normal.

Economics, politics, and religion are the three primary topics discussed on Steel on Steel. This week, we open the show with an extended conversation featuring all three topics. Joining John are David McAlvany and Kevin Orrick (www.mcalvanyweeklycommentary.com), co-hosts of the McAlvany Weekly Commentary, which you can find on our Steel Podcast Network. They examine the economy possibility of another Cold War, this time with China, and how the global economy is affected by the U.S. election cycle. Marxism is now playing a greater role in global economics and politics. They also discuss Christianity's threat to communism and relying on God during times of crises. Finishing up the show this week, we welcome Dr. John Lott, Founder and President of the Crime Prevention Research Center (www.crimeresearch.org). He looks at several gun control myths and how the media misrepresent the facts surrounding shootings and completely ignore the ‘good guy with a gun saves the day' stories. He also paints a picture as to what this country would look like should all guns be outlawed.

Picking up where they left off yesterday, Dave McAlvany and Kevin Orrick (www.mcalvanyweeklycommentary.com), Co-Hosts of the McAlvany Weekly Commentary, are back to conclude our two-day round table discussion. Today, they shift from an economic analysis to more of a spiritual discussion, covering Christianity's threat to communism, standing up in the face of adversity, and relying on God during crises.

Joining us for part one of a two-day round table discussion are Dave McAlvany and Kevin Orrick, Co-Hosts of the McAlvany Weekly Commentary, prominently featured on the Steel Podcast Network. Today, they discuss the increased reliance on credit, the economy possibility of another Cold War, this time with China, and how the global economy is affected by the U.S. election cycle.

John Loeffler

April 25, 2020

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Protests have erupted around the United States. Why is it happening and what can it tell us about other areas of the world? In this week's boralogue, John looks at how people are protesting against the media, politicians, and the education elites who are trying to push their ideologies in the midst of a crisis. Those institutions are lashing out now that they are being challenged. John also reminds us that while we have the right to protest and attend church online in the U.S., people in other countries are not afforded that luxury.

Dr. Anthony Fauci recently commented that we may be headed toward a national immunity ID card for everyone. Writer and researcher Dennis Behreandt (www.thenewamerican.com) joins us to discuss whether an immunity ID will blossom into a national or international ID and how it's being developed in the shadows and without the consent of the populace.

With the help of clips from the McAlvany Weekly Commentary, John de-tangles the mess that is the oil markets this week, explaining the trades at negative values and the overall fragility of the global economic system.

Are we approaching a cold war with China? Retired U.S. Air Force Brigadier General Robert Spalding (www.hudson.org) is back with us to point out that we've already been in a cold war with China, only now we are fighting back. He also covers how our biased media is running interference for the Chinese Communist Party.

Christian persecution occurs almost everywhere, but there's been a surprising uptick in the Westersphere. Ellen Fantini (www.intoleranceagainstchristians.eu), Executive Director of the Observatory on Intolerance Against Christians in Europe discusses the various sources of pressure against Christians in the West and how speech is being hijacked to silence the politically incorrect.

John's quote of the week:
“Agendas tend to rumble along underneath the surface being funded either by government or private organizations. Then invariably something will happen – an opportunistic event. Suddenly you see the agendas pop above the surface that have been there all along.”

On this week's extra segment, we play a boralogue from August 2018 regarding the slow-rolling agenda of globalists. John provides several examples from history where globalists are blatantly telling us what they plan to do. Then we play the follow-up interview on globalism with Alex Newman from that same week.

Economics is one leg of the geopolitical stool. In this week's boralogue, John looks at financial indicators and raises a red flag watch on our economy. David McAlvany and Kevin Orrick from McAlvany Weekly Commentary discuss how we are overdue for a recession, and though the economy continues to hum along, indicators are pointing to a likely recession in 2020. How will it affect the election? We'll have to wait and see.

In our continuing series on the Constitution and the founding freedoms of America, we welcome to the program Myron Magnet (www.city-journal.org), Editor-at-Large at City Journal, who examines Clarence Thomas' efforts in establishing reform in the U.S. judiciary, and looks at the battle between originalists and those who believe in a living, breathing document in interpreting the Constitution. Read Myron Magnet's Imprimis article 'Clarence Thomas and the Lost Constitution' at Hillsdale College.

It's time for a Middle East Update and who better to give it than Ken Timmerman (www.iran.org), President of Foundation for Democracy in Iran? He discusses the geopolitical link between Syria, Iran, and Israel as well as tense NATO allies Turkey and the U.S. Is the stage being set for an end times battle against Israel?

John and Producer Steve round out the show covering the Deep State and the latest impeachment effort. Reform is needed and government should be pared down. The President has control of foreign policy, but those in Congress and the Deep State who disagree with that policy are attempting to oust the President via impeachment.

John's quote of the week:
"Economically, are we healthy or are we not? Yes, the economy is buzzing along, but if you look at the underlying fundamentals, there are serious structural problems with the global financial system. It, like our government, is going to have to be reformed at some point."

In this week's Extras segment, we play John's most recent appearance on KYMS, a local north Idaho radio station, and his monthly martyred church update. He and host Lee Lancaster discuss other topics, including freedom of speech, who gets to determine what hate speech is, and the tendency to compromise parts of the Constitution. They also look at important tidbits such as where on the globe Burkina Faso is located!

Never despise the day of small things because small things are telling us where we are headed. In this week's boralogue, John looks at several stories including intersectionality problems in the Netherlands, Justin Trudeau's brown face controversy, and believe it or not, a seminary where prayers are offered to plants. Everyone makes moral pronouncements, but they come from a pitching deck of relativistic ideas and will not work. Reform, therefore, is needed.

A plan has been afoot for more than 70 years to indoctrinate children in schools in order to push the global government narrative. Alex Newman (www.thenewamerican.com), Foreign Correspondent for The New American, shows us that parents can't compete with the intense indoctrination and gives some alternatives to public education.

John takes a moment to focus on our economy, playing a segment from the McAlvany Weekly Commentary. David McAlvany and Kevin Orrick of International Collectors Associates (www.mcalvanyica.com) discuss negative interest rates and their effect on central banks and the economy.

With social media companies virtually controlling our entire online experience, are users forced to agree with them just to have a voice? Data Network Architect Russ White (www.mindmatters.ai) is back with us to examine the physical infrastructure of the internet and how social media companies have monopolized the entire internet, even news sources.

John's quote of the week:
"The elites were talking about world government long before people began yelling about conspiracy theories. The problem was changing the minds of the people. How would you do that? You would use the public education system."

In this week's Extras segment, we play John's interview with Spokane radio legend Tom Read on his program It Seems To Me. Tom and John discuss journalistic standards and how mainstream media today are not living up to them. Included in that are examples of media bias such as slanting headlines and manipulating interviews to only include what supports their narrative.