GO straight to the Full Transcript with links now.

Coast to Coast AM covers the Gulf:

RICHARD C. HOAGLAND: “Gas explosion, 50 miles off Louisiana, that you can imagine. Think Mount St. Helens, underwater. What that would do is create a cloud of incredible toxic material, which would then drift with the winds over the shore, where there are millions of people…”

GEORGE NOORY: “What about a tsunami?”

R. Hoagland: “The next step is you would get a tsunami.”

Oh please. And some of this garbage went out over hundreds of stations on Coast to Coast AM. Other radio programs promised millions will die, when “the Gulf volcano” blows up.

It gets worse. I expect this to triumph on You tube. But the whole story, based on un-named geologists, inside government sources, and, wait for it, aliens, was reworked by DK Matai – and reposted on sites that should know better, like the Huffington Post.

Really. Listen to the Hoagland interview, and then read Matai – it looks like a paraphrase to me – and neither cites any sources we can check.

As far as I can tell, the original source for these Gulf terror stories is Richard C. Hoagland, who explained it all on the George Noory Show. The same theory was remade by Dr. Bill Deagle, on Bill Ryan’s Project Avalon show. And what do all these people have in common?

DR. BILL DEAGLE: “This is being driven by trans-dimensional super-beings, the Gods of the ancient world, the same ones like Apollo, Appoleon – there’s a whole list of the names. And I can actually give you the names. If people want to know they can go back to James Wier’s Book of Demonology, 1535. They are sequestered in the Vatican Library if people are listening that know about this…”

– Dr. Bill Deagle, talking to Bill Ryan on the Project Avalon podcast June 16, 2010.

Deagle’s explanation of the coming Gulf explosion and tsunami are so close to that given first by Richard Hoagland, that host Bill Ryan remarks on it. Deagle says he got it all from his own sources. The theory all sounds sort of possible, with lots of faux geology thrown in, but really, all of the above people, Hoagland, Deagle and Ryan, believe aliens run the show here on Earth, and probably caused this spill, for their own nefarious purposes.

Meanwhile, as we’ll hear from Stephanie Mencimer, an investigative reporter for Mother Jones magazine – the far-right and some Tea Party movement agree the Gulf spill is a plot to move Dixie into horrible FEMA camps – while Obama kills off America with the dreaded carbon tax.

Have we lost our collective minds? Why do Americans love to terrorize themselves?

I’m going to make a bold prediction. The BP well is not going to cause the Gulf of Mexico to erupt into a world-ending volcano. Millions of people will not die because of this. There will be no tsunami.

Any of these so-called experts could find that out by simply asking a few sane scientists. That’s what I did for this week’s show.

We’ll ask Dr. Samantha Joye, an expert on both oil and the deepwater Gulf about these viral fears. More important, Dr. Joye is just back from a research mission in the Gulf, to measure those underwater plumes of oil and gas. You’ll get the latest.

Then we go to the Chief Scientist of the big conservation group Oceana, Dr. Michael Hirshfield, to investigate a REAL threat to the Gulf: masses of methane are accumulating under the sea – and leaking out into the atmosphere as potent climate changing gases. What does that mean for sea life, and for the oil industry?

I guess the point is: the Gulf gusher is so horrible, with so many real unknown consequences – we don’t need crank radio to muddy the waters, and frighten people with goblins and ghouls.

Three interviews, and then I return to our deepest fears, looking at the cranksters who love to wind us up, with bed time stories. And I finish with one more rumor about geopolitics – why America needs BP to feed the war machine.

READ MORE with all the supporting links.