Anthony Wile: Default Debacle a Charade; US Facing Financial Hurricane
Russia Today's Kevin Owen talks with Anthony Wile, founder and chief editor of thedailybell.com, about Washington's latest deal to raise the US debt ceiling and avert a potentially devastating default.
In this live interview, Wile tells Owen, "I hope that it [the debt ceiling debate] has opened people's eyes so they can see in front of them the crisis that is looming. ... What we've had so far is just a warmup act and if people are paying attention, then that means people will be able to take individual steps to aviod the calamity that is in front of us. ... People can no longer just turn a blind eye to the amount of debt that's been artificially created and the disastrous effects that are coming home to roost."
Wile continues, "The entitlements need to be slashed and military spending overseas has got to stop. America has to rein it in and people have to get down to reality and realize that unless they do, the whole thing is just going to be one big debt balloon that's going to explode over America creating the worst financial hurricane that the world has ever seen."
Owen asks Wile, "What if an agreement isn't reached before the deadline, what then?" To which he replies, "It will. It'll be reached and I don't think there is any shot that it won't be. They have all the ammunition they need on both sides of the aisle to act as they usually do, which is as one aisle. The Hegelian dialectic is well in play here and this has just been a charade."
Posted by Ralph Tamm on 08/08/11 01:03 PM
The largest of many problems is the War on Drugs. Unless this one is brought to a close things will get far worse. With the poor economy those addicted will use any means to acquire a fix. Rampant crime will be the result. Let those addicted suffer for their stupidity by giving no support after ending the war on drugs. The observers will quickly realize using drugs is stupid.
Posted by beth on 08/07/11 12:46 PM
If it's not going to work then why are they doing it?
Posted by Summer on 08/03/11 06:41 AM
Another excellent interview - getting to the real issues! I wish they would give more time - I may have to write to RT again (first time was to recommend & commend Mr. Wile)...
Posted by free on 08/02/11 07:41 PM
Wow we need move video from AW, this guy pulls no punches, great job.
Posted by Zenbillionaire on 08/02/11 06:03 PM
Anarchists of the world Unite! You have nothing to lose but your freedom! Join the Borg! Resistance is futile.
Posted by newyorkerinlondon/rocknrollcook on 08/02/11 01:06 PM
rtisaploy: Too true.
Major props to Mrs Wile. One lucky woman for so many reasons.
Posted by rtisaploy on 08/02/11 12:22 PM
Why isn't Mr. Wile in Hollywood pics? He certainly looks better than the dissolute cretins out there now...
Posted by rtisaploy on 08/02/11 12:21 PM
How come "Russia Today" has British news commentators? Could it be that it's just another globalist information outlet like "al Jazeera".....
Reply from The Daily Bell
They also have a lady from the South with a southern accent and I don't mean south Ukraine.
Posted by John Danforth on 08/02/11 11:24 AM
Posted by tjdetmers on 08/02/11 11:10 AM
Click to view link - Cached
We will try that link again.
Posted by tjdetmers on 08/02/11 11:07 AM
Those Click to view link - Cached
Canadians have proven themselves to be dangerous before :)
Posted by alexa on 08/02/11 11:03 AM
Thanks for a great interview exposing the bizarre world we live in: where those who demand financial responsibility are labeled alarmists and terrorists by the very criminals running our government while the mindless masses refuse to see farther than their noses.
Reply from The Daily Bell
You are welcome. The Daily Bell will continue to provide real news and opinion in contrast to the propaganda from the media elites.
Posted by Frank on 08/02/11 09:42 AM
He tells it like it is! Congratz! But is anyone listening (especially among the American voters)?
Posted by John Danforth on 08/02/11 08:44 AM
Congratulations, Anthony, on a great interview. A lot of truth put forth in a very short time.
Posted by John Danforth on 08/02/11 08:11 AM
"Anarchists should be reported"
Ha! The Thought Police are always on the job.
Posted by John Danforth on 08/02/11 08:09 AM
I need protection against those dangerous Canadians!
Careful, Zen, the KGB is watching you.
Posted by Abu Aardvark on 08/02/11 05:37 AM
Mr. Wile and associated elves,
it seems one could not condense more truth and sanity into four minutes. Kudos and thank you for this powerful interview.
BTW: I guess elves and associated feedbackers will just love the following snippet - sort of:
The Guardian: "Anarchists should be reported, advises Westminster anti-terror police (...) the City of Westminster police's "counter terrorist focus desk" called for anti-anarchist whistleblowers stating: "Anarchism is a political philosophy which considers the state undesirable, unnecessary, and harmful, and instead promotes a stateless society, or anarchy. Any information relating to anarchists should be reported to your local police."
Click to view link
Posted by Zenbillionaire on 08/02/11 01:12 AM
And BTW? I say this while harboring two very nice Russians I only met this evening in my downstairs guest bedroom. Who'd have thought?
Posted by Zenbillionaire on 08/02/11 01:07 AM
"military spending overseas has got to stop"
This one needs to be sent over to Dr. Paul, it's an excellent re-write of the party line.
In general, people (including the esteemed Dr. Paul) have said "military spending needs to be cut!" only to be rebuffed by paranoids waiting for Iraq to land assault vehicles on Plymouth Rock. By including the word "overseas" in the suggestion, you put all those fears that Canadians will storm Seattle unless we give the Pentagon more money than God has back in the closet where they belong.
Posted by BrianVree on 08/01/11 11:39 PM
Raising the debt limit will be the largest tax increase in global history: tax through inflation. We are printing out way into poverty.