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Eric King:  “This is shocking to me, but obviously somebody censored you in this clip today (linked below on CNBC).  Your comments were deleted and you were entirely erased from the clip.  Your name was deleted from the guest list, and all we see at one point is your face in a box on the screen to prove you were involved in the CNBC interview (see Pento in lower left-hand box where 5 people are pictured below).


 


Michael, obviously somebody, somewhere, in some ivory tower, determined that there was something you said that needed to be censored from this clip.  What do you think you said was so threatening to the powers that be?  What disturbed them and caused this censorship?


Pento: “First, let me just say this is the first time such an event has ever occurred.  But I’m confident about this, the idea didn’t emanate from CNBC’s headquarters.  It had to come from those who have an interest in maintaining power by making sure the public is kept as uninformed and apathetic as possible. 


But to answer your question, I think it was the fact that I laid out the math behind a sovereign debt collapse in both Japan and the United States.  I think so much of the quiescence in yields in the bond markets in both America and Japan depends on confidence. 


So it’s really in the best interest of both Japan and the United States to do everything they can to maintain that confidence at all costs.  And when someone comes on TV, or in the financial media, and threatens the already fragile confidence that exists today, apparently decisions are now being made to censor.


I laid out in no uncertain terms that the Federal Reserve and the Bank of Japan have laid the groundwork for insolvency, and set up these bond markets for a tremendous interest rate shock.  When someone so cogently lays out those facts, obviously it’s in some entities best interest to pretend that individual was never part of that segment.”


KWN Note: I hope the excuse is not made that there were technical difficulties.  Also, notice that Michael Pento’s name was removed entirely from the list of guests being interviewed (see below).  Here’s the link to the CNBC clip.




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IMPORTANT - KWN has more interviews being released today.


The audio interviews with Ben Davies, Rob Arnott, Dr. Paul Craig Roberts, Andrew Maguire, Art Cashin, Gerald Celente, Egon von Greyerz, Eric Sprott, David Stockman, Bill Fleckenstein, John Mauldin and Dr. Marc Faber are available now. Other recent KWN interviews include Jim Grant and Felix Zulauf -- to listen CLICK HERE.


Eric King

KingWorldNews.com

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