Using free speech to free minds. You're listening to the David Night Show.
As a clock strikes thirteen, it's Thursday, the sixteenth of November. You're
of our Lord twenty twenty three. Well, today we're going to jump right
into some controversies from yesterday. We have a big back and forth about Elon
Musk and how anti Semitici is. Matt Drudge is full on board with this.
It is kind of interesting. And then of course there's also Nikki Haley
neo khan Nuki. Perhaps she's finally stepped in it. Maybe finally people will
see what she really is about and what the danger of her idea of getting
rid of anonymity on the web really is about. She is a full on,
full on detalitarian. We'll be right back. We're also going to be
joined later in the program. Tony Ardovin is going to be joining us.
We'll be talking about the economy, what is happening in the stock market,
how they manipulating every single metric. This we always knew they were going to
do this. Gerald Clinty's been talking about this for quite some time. They're
going to lower the interest rates. They had to come up with an excuse
to lower the interest rates, and of course they really pumped up the stock
market. Is it really valid what they're doing anyway, we'll talk about that
with Tony. We also have coming up in the third hour, we'll be
talking to Mark Thornton, Senior Fellow at the Mises Institute, and we'll be
talking to him about what they do, but especially about a book that he
wrote a few years ago, kind of looking at the commercial real estate crash
back in two thousand and eight, taking that apart, because that is now
part of the leading edge of what I think may turn into our economic crash
coming up. So we'll be talking to him about that as well. But
let's begin with the the non controversial stuff, back and forth, race baiting,
hatred, Israel versus Palestine, Jew versus BLM, all the rest of
the stuff. Let's just jump right into all that. I mean, anyway,
we do politics and we do religion here, so let's just jump into
all the back and forth racism charges that are happening. And you've got Matt
Drudge who yesterday had this at the top. He's got a picture of a
sea of Orthodox Jews there and he says Musk says Jews are getting what they
deserve, and then he changed it to this this morning musk the world's richest
bigot, another Twitter firestorm against the Jews. Well, it is kind of
interesting, isn't it that, you know, when he uses this picture of
you know, Passidic Jews, and they're the ones, really, the ultra
Orthodox Jews are the ones who are not really supporting what is going on with
the Israeli government. I showed you the picture of a few I guess a
week or two ago, of the Orthodox Jews or I don't know labels here
ultra Orthodox the city. Quite I apologize I have I don't have all my
labels down and all the different denominations of you know, Judaism. But you
had these guys who look like that, who typically don't like what is happening
with the Israeli secular government. I don't join to fight the military. And
I showed the picture of these guys being in the sneak attack that was done
on them by the thug cop that was there, you know, like he's
going to be walking past this one guy, and then last minute he sweeps
his arm around and puts his leg behind him and slams him backwards down on
the concrete. I mean he could have killed him with the head. I
mean we see that all the time and places like New York where people get
sucker punched because the color of their skin and hit the ground, crack their
skull, kill them. And then he started coming after this other guy,
but there was a guy behind him with a camera and that kind of backed
him off. So you know, there's there's it's not this monolithic thing.
Like I said, there's a lot of different strains of Judaism. There's religious
Judaism, there's political Judaism. There's the people that are involved there and what
he's criticizing. You still got the picture of that. Okay, let's get
the video of that. Let's let's play that. Someone says he's got it.
Yeah, here we go. Okay, who's the Jew here? Oh?
Okay? These are the guys that that we're protesting the government, And
of course Drudge puts their picture up to say that Musk is anti Semitic.
So is that Israeli copy any Semitic? Then he's doing a lot more to
these people than Elon must did. Yeah, okay, so that's your task
in this video point out who the anti Semite is okay, it's not anti
Semitic to criticize the government. I'm not called anti French when I criticized Macron.
I'm not called anti Canadian when I criticized Trudeau, or anti British when
I criticized Bojo or whatever, on and on and on. These people are
in a public arena, and that they can't handle the criticism, then get
out. Politics is different, and I try to criticize these people over their
policies and over their actions and not over who they are even whoever I'm talking
about, and so that's a very different thing. But it's the people like
the ad L and the Southern Povery Law Center that have said no, they're
the same thing. A lot of Jews don't agree with that, and I
think Jews need to understand that the ADL and the Southern Poverty Law Center and
institutions of that ILK are the Jewish ku klux Klan and they need to disavow
them. You know, they were the ones who, as people were putting
up signs six years ago on campuses saying it's okay to be white, and
that was a very effective campaign because it showed their bigotry, didn't it.
It's not okay to be white. Take those things down. And ADL and
Southern Primary Law Center chimed right in started accusing these people of being KKK.
It's like, no, you are the KKK. I said. For the
longest time, over a decade ago, I was doing reports about SPLC,
so called Southern Poverty Law Center, and I showed these guys. I said,
they're nothing but a bunch of hate pimps. They go around and they
find people that they hate and accuse them of being hateful. And now we
see that with hate speech and hate crimes and hate this and censorship on the
internet and all the rest of stuff. I'm done with all of that stuff.
And that's what these people were saying. We're done with all this stuff.
Stop playing the games. It's come back. You've been hoisted by your
own petard now because the radicals that you have created. Like I said yesterday,
same thing I said yesterday. So I looked at that, and I
looked at what the tweet was that he retweeted what must retweeted, and I
said, well, okay, that's essentially what I said yesterday during the program.
And it's very much like I said yesterday, I've seen anybody else Compare
the ADL and Jonathan Greenblatt to Robosphere and the French Revolution. But those Marxist,
that leftist revolution. You organize this mob to hate a particular group,
an economic class in that particular instance, and then the mob turned on him.
And that's essentially what has happened to the ADL and the SPLC. And
if the Jews at large don't distance themselves from the ad L and the Southern
Poverty Law Center, then basically it's going to continue to metastasize. You got
to understand that, just like the ku Klux Klan, the ad L and
the Southern Pomary Law Center are a cancer, and you know you got to
got to cut that off. It's like being a bit by a snake,
poisonous snake. Remember that in the remake of a True Grit, she gets
the heroine, the center of the story, gets bit on the hand by
a snake and they rush her and she almost dies by they amputat her army.
You see her later at the very end of the movie, see her
later in life with just one arm spoiler alert. So I said that first,
but you know that still can't happen. Just before we left Texas,
I sold my piano to someone and she came by and she said, you
know, it's just a It wasn't. Just about a month ago, I
got bit by a rattlesnake. I was not doing gardening, and you know,
there's one last thing that I wanted to reach out to get. I
didn't see the snake behind the you know they're in the bushes, and it
reached out and struck me. So she said, fortunately I was able to
kill it, take a picture of it, and then go to the hospital.
Said that's a rattlesnake. You need to go to a poison control center,
and fortunately there was one nearby. They had anti venom. They started
giving her the anti venom, but she said she showed pictures of her arm
and it swelled up like popeyes, you know arm. And the doctor kept
coming in with a magic marker, and you know, he would make a
mark on her arm as to where the swelling had stopped and put a time
there and as the and then he would come back later on and do another
one. They kept coming up and coming up and coming up for arm,
and he was doing that to see what was going to happen with it.
If it's going to keep going up to a certain point, he was going
to have to take that arm off, just like in true Grit. Fortunately
he didn't. Unfortunately the Andy venom kicked in and it started subsiding and going
down the arm again. But that's what the Jonathan Green Black Green Blat and
the snakes like him have bit the arm of the Jewish people in America,
and you better cut them off because they are poison. They really are distancing
yourself from them, just like we as white people, Southerners ought to distance
ourselves from the k klux Klan. I have nothing to do with those people.
I reject everything they've done. You know, they have co opted the
Cross of Christ. They co opted the Confederate flag. You know, the
Confederate flag. Ku Kluxkan is not what the Confederate flag stands for, just
like the cross is not what they stand for either. Nikki Haley is confused
about all those things, and we'll talk about her coming up. She doesn't
know or care anything about American history, especially anonymity, and she rejects the
constitutions. She thinks that she's running for dictator. What she has to say,
I'd be the disqualification the end of her run if anybody. But of
course it's not because she's giving big business and the military industrial complex and will
give them everything that they want. But we'll get to her. Let's talk
about Elon Musk and what was said. So the original post said this Jewish
communities have been pushing the exact kind of dielectrical dialectical, electrical dialectical hatred against
twites that they claim to want people to stop using against them. That's exactly
what I said yesterday. You know, I broadened it out a little bit
by talking about the French Revolution. How you start these radical people and you
start a mob, that mob can eventually come for you. And I said
from the very beginning, from the very beginning, day one, and of
course has happened on a Saturday. I was gone that Monday, so first
time I talked about it was Tuesday. By that time, it was very
clear that you had all these radical leftists and BLM, the people that the
ADL and Southern Poverty Law Center had been weaponizing as their little army, and
of course the liberal Democrats, and that these people were turning on Jewish people,
attributing to them the faults of their own government, you know, that
were yet to come really, you know, but things that they had done
in the past, things that were being talked about doing. And so they
were coming after the Jewish people because they didn't like what the nation of Israel,
the political Israel, had been doing. And I said, you understand
why they're coming after them. They're calling them colonizers and the rest of this
stuff they're attributing them and projecting onto them, the same stuff that they've been
taught in these elite universities and the same stuff that BLM has been doing.
So immediately turned on them. So and yesterday as I talked about the fact
that at MIT they're blocking Jewish students from going to class, and I said,
well, MIT has been blocking most white students and being able to even
get admitted into these institutions like Harvard and MIT. You know, they're picking
people based on the color of their skin, not the content of their character,
their merit. That's been going on my entire life, and I'm fine
with it because I don't want to go to an organize. I don't want
to go to a university like that. I don't have anything to do with
it, and now that is a cancer that is spread. Used to be
that that was just in the elite Ivy League schools when I was going to
school, but now that's spread everywhere, and all these teachers are radical Marxists.
I had a radical Marxist professor I dropped his class part of the core
curriculum that had to take it. You know, it wasn't an issue in
engineering, but we had to take some core a curricula. And this guy
who just had this chip on his shoulder. Unbelievable. But anyway, the
person said, I'm deeply disinterested in giving the tiniest let's just say concern now
about Western Jewish populations coming to the disturbing realization that those hordes and minorities that
support flooding their own country don't exactly like them too much. And so Musk
said, you have said the actual truth. So then you have the Atlantics
year Rosenberg. And this is being reported of course by Media Height, and
media Height and Drudge have been feeding off of each other. You know,
MEDII is quoted by Drudge, and then Mediaite returns a favor and they quote
Drudge, and you know, they keep going back and forth and back and
forth, keep escalating this, and so the Atlantic Sier Rosenberg I said,
Musk has aligned himself with anti Semitic rhetoric. This is literally the conspiracy theory
espoused by the white supremacist the massacre the Pittsburgh Tree of Life Synagogue. Well,
you know, here's the thing. When you say, well, I
don't know that that's true or not. I haven't looked at the manifesto from
these people. Isn't it interesting that the manifesto from the white supremacist so it's
put out the manifesto from the transgender killers being carefully hidden by the FBI in
the Nashville Police department. You said, that's the part of it as well.
And the simple fact of the matter is that you can. You know
when you look at Ben Shapiro during the vaccine stuff, as Ben Shapiro was
pushing the vaccine, he wanted to demonize anybody who opposed the vaccine. Oh,
Ben Shapiro is such a clever propagandist for the establishment, isn't he?
And so he gets Lewis farr Khan and Louis fair Khan said everything I was
saying, we weren't copying each other. We just came to that conclusion independently,
But he used Louis fair Khan to demonize people like me Shapiro did,
and to tell people that they needed to get the vaccine, which now he's
distanced himself from because everybody knows what it is now, and that's the way
he works. I don't agree with Louis fair Khan on pretty much anything,
but he said I don't know that I ever agreed with him on anything,
but he was one hundred percent right about what he said about the vaccine,
and Ben Shapiro was one hundred percent wrong. But he used that to demonize
anybody who would push back against taking an untested genetic code injection. And that's
the same thing that Rosenberg is doing here. Well, you know, they've
got these crazy people who murdered a bunch of people, and they said something
like that. Looked kind of like what this is? Presumably so it means
that you're like them. See, I was like, according to Ben Shapiro,
I was like Lewis Ferricot, No. No. I hope people can
start seeing through these tactics that they use, these controllers like Ben Shapiro,
like Tucker Carlson, like Alex Jones that are given to you. I hope
you can see through this tactic that they use. You know, if you
disagree with the politics or the policies of Bibi, then you are racist,
you are anti Semitic. That's what they want us to believe. And so
as they get into this echo chamber back and forth between Drudge and media,
you know, uh again, I have seen all this stuff. I have
been called by the ADEL I've been called racist, I've been called a hate
bonger. I was singled out and attacked two weeks into this medical martial law
because I called it medical martial law. You know, it's obviously this anti
government conspiracy theorist. Well you better believe I'm anti government, but it's not
a theory that they've got a conspiracy. But of course they called me out
and I'm racist because I disagree with them politically. So everybody's got to have
the race card put in their face. And the problem is that besides the
fact that the ADL's mob has now turned on them, they have also given
a pass to real racism because it's become such a you know, they cried
wolf for so long about situations where there's not any racism. It's just anybody
that they disagree with. Racist, racist, racist. You've seen this over
and over again. People go to one of these protests and these people are
screaming racism in the street. It's like, okay, well tell me,
you know, put the microphone in their face, tell me why you're saying
that this is racist or hateful. And all they'll do is just look at
them and scream racist, racist, racist. They won't talk. They have
nothing to say. It's like when my wife Karen went to the Planned Parenthood
place and she's got to sign up saying, you know, this is black
genocide. What is happening here, This is the origins of Planned parents,
that black genocide. And so that's the first time we ever saw the anti
fought people. And this motley crew of looks like a homeless street people show
up and they've got a one one of these guys has got a black sign
says nothing on it, it's just a black sign. And he stands there
in front of my wife and puts it up, and she goes down,
and he goes down. She goes up, he goes up, and they're
going up and down there. He's got nothing to say, he just doesn't
want you to say anything. Perfect example of censorship. It's like a clown
to show of censorship, to act it out, you know, actually acting
out that I want to redact what you have to say now, not going
to let you do it. And so again it's very interesting that Drudge uses
the very people, the very Jewish people who have the most issues with the
political state of Israel and with Bibi Netanyahu, uses them as poster children to
accuse people of racism. And again the echo chamber of media height after he
posts that, they come back and say unvarnished anti semitism quote unquote Elon Musk
catches all hell for a green with bigoted tweet. They say, And so
this is you have a Matthew Iglesias because meanwhile America is riches man chimes in
to say that Jews are getting what we deserve for being liberals. Well,
your liberal policies will come back to hit you again. You keep confusing politics
with your ethnic and cultural identity. I'm not confused about it. You are,
and you're trying to gaslight people that they're the same thing. You can
be liberal or you can be conservative, and you can be Jewish either way,
but you're trying to connect the two. You can be Jewish and disagree
with the Nation of Israel, but I'm not allowed to disagree with the Nation
of Israel. I'm not playing those games. You can call me whatever you
want to. I'm not going to be intimidated by you, and nobody should
be intimidated by these people anymore. They're a bunch of grifting crooks who profit
off of hate. And that's the video that I did eleven years ago.
I showed pictures of the scumbags that are running the Southern Powery Law Center,
and I put underneath that profits of hate. You know, they're prophesying hate
everywhere, and they're accusing everybody who hated everywhere. But it's a p r
f t s the money that they're about. It's all about the money,
and they're offshore bank accounts, so they've got hundreds of millions of dollars,
over three hundred million dollars last time I looked at it about five or six
years ago. Even the Left accuses these people of being phony charities and warns
people about donating to the Southern Poverty Law Center The ADL. Matthew Iglesias.
I guess this is not name. The Adel clearly had Musk all wrong.
The dude has zero tolerance for anti Semitism and just wants the world to know
that Hitler was right about the Jews because Jews advanced hatred against white No,
it's the ADL and Southern Poverary Law Center, and you need to quit aligning
yourself with this ku klux Klan version of Judaism. So again, the colonizer
stuff from day one, that's Marxism, that's BLM, the black lying Marxist
calling people colonizers. I said, look, they're you know, doing the
same thing to them as a matter of fact, and we'll talk about the
fact that that's what the left is. That that's the mechanism by which they
have flipped on these Jewish controllers of the Marxist mob, because they're now saying,
well, you guys are privileged, you guys are colonizers, you guys
are white. That's exactly what they're doing right now. It is precisely the
weapons that they used against us for political purposes, for their wealth, for
their organizations, those exact weapons are now being wielded against them. Arman Domluski
says Elon must thinks the Jews deserve what's coming for them because they didn't stand
up for white people enough. What a stupid take this is. They didn't
stand up for white people enough. They these organizations again, you know,
they they make the Jews synonymous with the ADL and with the state of Israel.
Musk also received praise from white nationalist Nick Fuentes. Again, this is
the same kind of stuff that they did with Lewis ferri Con, that Ben
Shapiro did. That's their tactic. You got to be aware of that tactic,
guilt by association. Well, you said that the sky is blue,
and this other guy said the sky is blue, so therefore you have all
of the This guy is a hateful racist, so therefore you are a hateful
racist because you said the sky is blue. It's the same thing that Ben
Shapiro did. Lewis fay Con was one hundred percent right. Ben Shapiro was
zero percent right about the vaccines. But what he's trying to do with that
was to show that if you oppose Trump's shot, or more importantly, big
pharmaceutical shot, then you're as stupid and as hateful and as ignorant as Lewis
fer Khn that's what he was trying to do. Good luck with that then,
So Musk tries to backpedal after backpedal after you agreeing with an antisemitic tweet,
and fails spectacularly. Again, this is part of the Drudge mediaite,
Drudge mediaite, you know, echo chamber, going back and forth and he
you know, they they demonized it. They said, he you retweeted from
somebody who's only got a couple of thousand followers. Well, you know what,
the number of followers that you have doesn't really make any difference. It
really doesn't, you know, I if your shadow band, nobody sees what
you're doing anyway. But but it doesn't really matter having a lot of followers.
It's like you're telling somebody telling the truth or not. It's like having
a big studio. Right guy worked for you to spend millions of dollars on
I mean millions of dollars on massive video screens and all the rest of the
stuff to impress everybody. You know, don't listen to what I'm saying.
Look at the gilded lily that I'm selling you. I don't look at all
the decorations I've got around me. Isn't that impressive? You try to look
so much like establishment media that maybe people don't realize that you sound exactly like
establishment media. You're mockingbird media, and that's how you got all this money,
right, saying exactly what they want you to say. So, look,
you know, is having a multimillion dollar studio? Is that something that
helps or hurts somebody's credibility? You might want to think about that anyway.
So they chime in and Mediaite says, yeah, that's right. The guy
who owns one of the most influential social media sites in the world publicly agreed
with tweet declaring that Jews push hatred against whites while also embracing replacement theory.
Then he re upped his attacks on the Anti Defamation League because that's what this
is about. You see, they want you to think that any attack on
the ideal is attack on Jews. Elon Musk was attacking ADL. I'm attacking
the ADL. That's a different thing. And he goes on to talk about
he says the ADL unjustly attacks the majority of the West, despite the majority
of the West supporting the Jewish people in Israel. This is because they cannot,
by their own tenants criticize the minority groups who are their primary threat.
This is not right and it needs to stop. And he says, yes,
decolonization quote unquote necessarily implies a Jewish genocide. Thus it is unacceptable to
any reasonable person. And I have to say that to the people. Look,
when you criticize the policies of the Israeli government and you start to say
they need to be eradicated and they need to be removed from the land,
you understand that the same argument is going to be used to remove a land
from us with reparations and all the rest of stuff. You guide RFK Junior
jumping into reparations and all these other Democrat politicians. You see, it doesn't
matter whether you have had the land for four hundred years or four fifty,
whatever it is, six seventy years, eighty years, whatever, It really
doesn't matter. If they want it back, they'll call you a colonizer to
steal it from you. If they want justifications steal it from me, they'll
do that. Look, we understand how are boundaries and nations created. They're
created by war, They're created by violence. And so this is what we
have, and we can learn to live within that, or we can decide
that we want to redraw all the boundaries and change the nation and all the
rest of this stuff, and then we can go into violence again. It's
just that simple. Let's just leave it the way that it is and let
us try to exist peacefully with other people as much as is possible for us.
That's the key thing. And so don't fall into that trap of the
colonizer thing, because that's going to be used against conservatives as well. You're
right that this does not extend all Jewish communities, but it is also not
just limited to the ADL, says Elon Musk. Four minutes later, he
went after the ADL again, claiming that the organization advocates for quote, anti
white and anti Asian racism. And he's exactly right. They've advocated for these
policies, and so has RFK Junior of set asidence admissions based on your skin
color, your ethnic group, and all the rest of the stuff at the
universities and working for the government. Look again, you know, I'm glad
that they did that. I wouldn't want to be educated by these people,
and I'm glad the government has all these rules, because I wouldn't want to
work for the government that has rules like that, Like what we were saying
about the vaccine mandates. It's like, Okay, well it's bad. You
know, you're dependent on this, this is all your living and everything.
But think about your future. Do you really want to need to work for
an organization like this that thinks they have the right to demand that you take
an untested, dangerous shot, they demand that you take it. Do you
really want to continue to work for an organization like that? And I've talked
to so many people who say, boy, it's really been a blessing to
not work for them anymore. Things have been as good or in many cases
much much better, especially the people who did it to honor God, where
God has honored them. I've seen that story so many times. No longer
having to work for some organization that treats you like their property, but maybe
you work for yourself, So the risk of being repetitive sod elon Musk.
I'm deeply offended by Adyl's messaging and any other groups who pushed de facto anti
white racism or anti Asian racism or racism of any kind. He says,
I'm sick of it. Stop it now. But they won't stop because they've
been blindsided by hatred and racism. It's a very profitable thing for them,
and they're going to continue to project their hatred their racism on other people.
And so one hundred percent agree with Elon Musk in this. Uh denver right
away, the ADL drives anti Semitism. It does not prevent it. It's
is its mission and inversion of its stated mission. Yes, in my opinion,
he says, and I agree with him. I think it is.
Now. This is what Victor Davis Hanson, the historian that said he said
and what he did. He got into the historical mechanism and he explains in
detail why this is. He doesn't go back to the French Revolution type of
thing in Robesperary being caught by this, but he goes back to the Third
Reich and the Final Solution and all the rest of this stuff. And he
says, uh, you know, this is how and why this is all
bouncing back on the ADL and the Southern Poverty Law Center and the Jews that
align themselves with these lies and this racism and this hatred. He said,
when the mini satanic paradoxes of the Third reichs architecture of the Final Solution was
a requirement mandated after the nineteen thirty nine outbreak of the war that Jews anywhere
under German rule or occupation had to wear a yellow badge or an armband with
the Star of David. Yet was not all of this elaborate bureaucratic need for
identification. Wasn't it embarrassing to the Nazi apparat? He said? After all,
if the Nazi doctrine about the supposedly manifest aryan racial superiority, their nor
to looks, their build, their superior intelligence, their stable disposition, If
that were so persuasive, then why did they need for Jews to identify themselves?
In contrast, the Star of david IDs were prima facia proof that the
entire bankrupt Nazi project was based on the unspoken fear that millions of Jews were
indistinguishable in all respects from other Europeans. Yet, currently the entire industry of
anti Semitic hatred has flipped. And that's what it is. It's an industry.
Ad l Southern Poverty Law Center are an industry. It says, it's
flipped from Jews as toxic non whites to Jews as toxic whites. The two
common denominators of racial obsession and hating Jews remain the same. Left wing anti
Semites have been so effective at galvanizing campus hatred of Israel and by association of
Jews in general. It's their careful effort to brand themselves as dei victims.
Why tarring Jews with the empty white supremacy slur. Jews and Israel now supposedly
enjoy toxic white privilege. They are libeled as veritable white supremacists. They colonized
Palestine, and as European imperialists, as if four hundred years of Ottoman imperialism
in the Middle East never occurred. Yeah, you say that, it's a
historian. You know, people want to talk about slavery. Well, you
know, people who were most enslaved were the Slavs. That's why we have
that word. Every civilization had slavery. But no, we're going to say
that is a special American institution, special Western institution. We need to use
that as the basis to dismantle Western civilization. But colonization and perialization has happened
throughout the Middle East for millennia where it was a Roman you know, the
Ottoman Empire, the Roman Empire before that, and over and over and over
again before that. By the way, you know, when we talk about
all this stuff, races, I said many times, is just a misnomer.
There's only one race. If you believe God, if you believe the
Bible, it says that He's made of one blood, all nations, all
nations. So what does what does that mean? That means different people groups,
But the Bible routinely talks about every nation, tongue, in tribe.
But Michael Sava talks about it. He says, it's really the distinctions between
people, not skin color and things like that. The distinction really are borders,
language and culture, borders nations, languages, tongues, and culture,
tribes. So he's basically just changing the terms in a way that be more
contemporary. That's the things that distinguish and separate us. And all this focus
on our genetic background, our skin color and all the rest of stuff is
not something that Christians look at. You know, Christ has erased all those
barriers. There's no male and female distinctions in terms of hierarchy and that type
of thing. There's different roles, but there's no hierarchical distinction or separation or
one is not better than the other. He said, there's no Jew,
no Greek. There's also today no white, no black. All those distinctions
have been erased. We need to see each other as all those who are
in need of God's mercy and forgiveness, and not as you're the other and
you're evil. Right, we don't. We don't as Christians. We don't
fight with flesh and blood. We understand that we're fighting ideas, and we're
fighting the powers behind those ideas that continue to deceive people. And we need
to see the other people that are opposing us, maybe even violently opposing us.
We need to understand that they themselves have been taken captive. Again.
I think of the Lord of the Rings. I think of Theatin. You
know, at the very end, Gondolf comes and he's being controlled as now
privileged white victimizers. Victor Davis Hansen says pride Jews are not seen now any
longer as victims of the Holocaust. You see, that was the other thing
you had Jonathan green Blade out there over the weekend on media. It's become
an oppression Olympics. It's like, that's because that's what you did. You
put all this stuff. You've got this victim hood hierarchy right that you've created
for your institution, for your industry of racism. You have industrial racism being
sold to you by the ad L and by the Southern Priory Law Center.
And this guy who did this complains about an oppression Olympics. He's set up
the oppression Games, the depression hunger Games for the longest time. It's a
game that they play. He thinks he knows it very well. It is
the oppression Olympics. It just now that people have put them on the bad
team. You know. Wait, wait, I'm not with these guys.
I'm with you. No, we're saying you're with those guys. Now,
that's what Victor David Hanson is saying. He said it was no acts that
a racist BLM on news of the October seventh massacres quickly quickly issued posters glorifying
Hamas and the hang gliding murderers. And that's the first thing I said.
So do you see how these people lined up? It was oh surprise that
dei zars and professors and various ethnic and race studies programs proved the most prominent
on campus and damning Israel and as Jewish citizens as racist and who was shocked
when university administrators a cowardly mit campus is a good example simply warren Jews of
no go zones rather than ensuring that there were no such zones anywhere on campus
for any one. And that's what I said to us. I said,
okay, so now we're going to push back against this, and you've got
the donors who are leaving the big universities. Don't don't you do any of
that anti semitism, that anti white stuff. You continue that, okay,
that's fine, we like that. The anti white, anti Asian, that's
okay. Just don't do that anti Semitism stuff, because we're taking your money
away if you do. Jews seem to be collateral damage from the damning of
an entire group of people, namely white Americans and Europeans, in a society
that is supposedly wedded to Martin Luther King Junior's dictum that we should be judged
by the content of our character and not the color of our skin. That
is shocking how the racist DEI and woke industries have been given a complete pass
to castigate and demonize an entire group without any concern for individual characteristics, or
for class, or for religious or for ethnic differences. He said, Indeed,
white is as sloppy a term as Hispanic, just as a third generation
Cuban American professional has almost no intrinsic ethnic political class, often no linguistic affinities
with impoverished Oxicans who just crossed illegally into America and vice versa. You see
why, you know, they've grown up. I knew a lot of Cuban
Americans growing up. Their parents had come during the Cuban missile crisis, things
like that Castro in the fifties and early sixties and stuff, and you know,
they they enjoyed their culture, their music and stuff like that, and
played in the bands I was in. I was typically the only non Cuban
in the band, you know, And these guys really really rocked when it
came to trumpet really, but you know, it was it was they were
American and they identified with conservative values, you say, because it's that nation
tongue and tribe and culture and things like that. And gradually, as he's
pointing out, these people have been here for three generations. You know,
they see the Cuban American you know, we like the Cuban food, like
the Cuban music. But you know, hey, we liked the American politics
and the American system. And I've always lived here. This is my country.
That type of thing, And so he says, and so too.
A white male from rural America is working as a walder in the ozarks or
logger and the severe Sierra has zero solidarity with a white Bay Area techi at
Google or an Ivy League legacy preppie who is screaming from the river to the
sea in Harvard Yard. But white is not just a ridiculous construct that ignores
the multiplicities of European ethnic and religious fault lines. The vast difference is in
white class income and politics, and the increasing frequency of whites marrying non whites.
When joined with a tier with the tiered epithets of privilege and supremacy and
rage white privileged, white supremacy, white rage, he said, the result
grows even more incoherent and sinister. Proof of this privilege of whites is it
that their life expectancy is lower than Hispanics and Asians. Is white supremacy.
The fact that white privilege, whether they a suicide rate that is higher than
Blacks, Asians and Hispanics, is white Privilege's dying in combat in Afghanistan and
Iraq at double the numbers of the general population is white privilege. And an
ordinate percentage of fentanyl deaths, A current percentage of whites and Ivy League freshman
classes of twenty to forty percent despite making up fifty five percent of the youth
demographic. Yeah, what I was saying before, and I'm not even going
to get into those schools, And good if you don't, because they're going
to make you hate yourself, right, just like that national shooter. Hate
your skin color, hate your gender, hate everybody else. That's the way
they get it. Why does so called white rage not result in whites being
overrepresented as perpetrators of hate crimes as are Latinos and blacks. Why are blacks
more likely to assault or kill whites than vice versa. Is there a term
black rage that you see in the FBI statistics? Know about interracial crimes?
Woke and DEI fans have created entire anti white privilege industries. We've got things
like the Duke Lacrosse lie, the Covington Kids myth, the Jesse Smollett fiasco.
He doesn't even go back as far as the first one. I remember
Al Sharpton and Tauana Brawley, and of course Al Sharpton's had a long career
as a race pimp, never had to answer for any of the lies that
he told. The ironic but pathetic efforts of whites to make to fake a
non white identity in order to get privileges, or to win admissions, or
to get status and jobs. I think of Elizabeth Warren, he points out,
you know, trying to pretend that she's not white but she's Native American.
Or Rachel Deleezel, who was white but pretended she was black so she
could and even became the former head of the NAACP in Spokane, Washington.
Identity fakery is traditionally an empirical guide to privilege, otherwise non whites' transitioning to
white status, as in the segregationist and overtly racist days of the Old South.
It's a matter right if you know the musical Showboat, which is probably
passed out of most people's cultural consciousness, Now, that was the essence of
it. Yeah, I had this central character whose mother was black but she
had light skin, and so you know, she's trying to pass for being
white, and that type of thing exactly the opposite thing is happening now,
As he points out Rachel delizel Elizabeth Warren, why did the New York Times
dub Hispanic and half Peruvian George Zimmerman to be a white Hispanic They've never used
that term or phrase for any other person, even though two thirds of Hispanic
quote unquote Americans self identifies white. Well, because they were trying to demonize
Zimmerman by calling him white. They see that was part of the demonization.
Call him whitem x. Kendy earned lucrative fees and honor area espousing anti racism
and founded in anti racism academic center that produced no tangible research. This is
what she van Fleet was saying last week. You know, it's not enough
to you have to oppose and struggle session who you are and that type of
thing. That's what they're really up to. This is really a Marxist tactic.
He doesn't get down to that, but that's she van Fleet knows what
this is all about. The industry of white demonization also plays a role in
the drastic productions in the US Armed Forces recruitment. The drop off in white
rule and suburban males is demonstrable, and the reason is most likely their weariness
with constant woke hectoring and discrimination. Look at what Mark Millie said in testimony
to Congress June twenty twenty one. He pontificated about ferreting out white rage and
white privilege in the ranks, despite providing no evidence or data to back up
his white bias is racism allegations. Another self loathing liberal well to wrap it
up, Victor Davis Hansen says anti Semitism is on the rise, fortified by
the campus dei and woke crowd. Hate crimes are soaring. Violent crime in
general is on the upspring. Military recruitment is dropping. Trust in the media
is plunging. Anti Semites are proud and not ashamed of acting out their hatred.
The progressive woke agenda is imploding. Yeah, they said inced again.
To me, this all just looks like a replay of the French Revolution.
You know, history rhymes, and so you know, instead of it being
class based, it's race based. And that was a conscience, that was
a conscious thing by the Marxists. I've said many times, you go back
and look at Bill Air's and Bernadine Dorn and their Weather Underground. They said,
we want a Marxist revolution, you've got to have conflict between between groups,
this Hegelian conflict. It doesn't work for us to talk about class.
Class is so deeply entrenched in Europe. They could have a class warfare,
class revolution, everythings they did in France and other places. But he said,
you know, here in America, we can do it with race and
skin color. And that's what they've been up to. So that's what the
whole thing is about. The one comedy nominator, says Victor David Sanson,
is a now acceptable notion that is not just permissible, but it is encouraged
to smear without evidence over two thirds of Americans as the sole beneficiaries of privilege,
prone to rage and conspiring to ensure racial supremacy. And all of it
is lies. All of it is for a Marxist revolution, a socialist revolution,
if you will. But there are lies, nevertheless, and useful to
their promulgators, as they are toxic and incendiary to the multi racial consensuals society.
If they're not addressed, refuted, and discredited. It has pastime for
Americans to reject all racial stereotyping and the racist careerists who leverage it before we
all descend into tribal nihilism. And so for that, I'm sure that you
know, you'll probably see his article featured up on the Drudge Report as somebody
who has just died in the world racist who agrees with Lewis Ferrikhan and Nick
Flintes and all the rest of the stuff. I wouldn't even talk to Nick
Funtes. Some of the dregs that Alex would bring into there just amazing.
But look the answer, how do we do this? How do we do
this? Well, the answer truly is turning to God. God is the
one who brings peace. If we have peace with God, we will then
have peace with each other. But we have to first get that peace with
God. And so also on the drudg Report this morning, you look at
that headline I showed you this was yesterday, must the Jews are getting what
they deserve? Same picture and then different he had another Twitter firestorm against the
Jews and everything. Then down in the corner right underneath this, he's got
this picture. Look at that. How damning that is. Can you imagine
that you would have congressmen just a couple of them, I mean you others
about five hundred people and Senate in the House and everything, and you got
a handful of them less than ten kneeling and praying. Can't have that,
Oh we're going to have Christian nationalism. Well you better turn to God,
because if you don't turn to God and get healing in peace with God,
you're going to be at war with each other. Everybody is That is the
answer, quite frankly. And so there's all these articles that Drudge puts underneath
there for people attack him for that. Look, I got it. I
you know, I don't shy away from talking about my disagreements with Michael Johnson,
Mike Johnson and beginning with his support of Trump, beginning with his u
turn for Ukraine. And that's the key thing, you know, we should
pray for our leaders. I think still that he is a person of character.
I'm hoping even though he switched on Ukraine, I'm hoping that he's not
been taken captive by the lust for power and position. And so that's what
you need to pray for. Him. You need to pray that he's got
the characters, stay the course, and just as important as character, he
has to have discernment, which he doesn't have on so many issues. If
he has character, he's liking discernment about some of these things. And so
you need to pray for both of those things. But you need to understand
that what freaks out Matt Drudge and the left and the ADL and this Southern
Bowery Law Center and all these people, what freaks them out about seeing somebody
pray or even having somebody silently pray. Of course you know from an abortion
clinic. But for the most part, when they see a teacher of the
fifty yard line kneeling and silently pray, or they see the Speaker of the
House is a couple of other congressmen kneeling and praying on the floor of the
house, they don't understand the difference between establishment and exercise, the free exercise
of religion. If you're telling me that I can't kneel and pray, you
are the problem. I am not the problem. You are the problem.
And you have a problem with our system of government, and you have a
problem with toleration, and you want to censor people, and you want to
compel people to do what you think is right. You're the one who is
intolerant. You're the one who is a tyrant. It's not the people who
are silently praying and exercising their religion that is protected, should be protected,
will be protected in America. And if you've got a problem with that,
you're the problem. I'm not apologizing for it. Nobody needs to apologize for
that. We'll be right back. Interested in a curated list of the finest
classical music, find it now at APS radio dot com, Liberty It's Your
Move, and now the David Knight Show. I see a comment from Guard
Goldsmith spot on the ad L is a power thirsty political group, a secular
cabal that has replaced traditional Jewish religious belief with an adoration of the state,
tying US statism to Zionism. ADL is ultimate generational corporate gas lighting, always
using claims of defense to go on offense and to attack people. Spot on
Guard, I agree with that completely. Malutin Milankovic says, to learn who
rules over you learn who you can't criticize. Well, that is absolutely true.
I guess you could say that even though Candice Owen works for Ben Shapiro,
he doesn't rule over her because he's been very critical of him, and
this is the other thing that's been coming out of emotionally unhinged. He called
her, and the two of them have been fighting publicly on Twitter, and
that's the kind of thing that can get you fired. Now, he said,
hey, if by all means quit, if if you think that your
work at the Daily Wire comes between you and God, because he got very
upset about the fact that she put a Bible quote up as a part of
their dispute. He says, you have been acting unprofessionally, and oh,
she came back and told him, you have been acting unprofessional and emotionally unhinged
for weeks. Now, Well, I agree with that. I think he
has. But the bottom line is I don't think she should quit. If
I were her, I would use his platform to oppose him and to oppose
his lies and his hatred. I did that myself, so you know,
do that till he fires you. But she's also kind of covering her basis.
She is being very flattering to Tucker, obsequious, even because this has
been something going back and forth between them. Candice Owen, you know,
was really kind of sheepish in terms of interviewing Trump. She's not going to
criticize Trump. She's not going to criticize the vaccine stuff. And of course,
you know Ben Shapiro, as I mentioned, one of the biggest pushers
of the vaccine thing. But nevertheless, somebody asked Shapiro a question, and
this went up on social media. I'm sure by now you've probably seen it
a little bit hard to hear what it says. I'm not playing the clip
instead, I'll just read you the quote. He said, I think that
her faux sophistication on these particular issues has been ridiculous, and then he went
on to say her commentary on Israel has been disreputable. Hours later, she
posted on Twitter a Bible quote. Blessed are the peacemakers, for they shall
be called the children of God. Blessed are those who are persecuted for righteousness
sake, for theirs is the kingdom of Heaven. Blessed are when men shall
revalue and persecute you, and shall say all manner of evil against you falsely
for my sake. No one can serve two masters. Either you will hate
the one and love the other, or you will be devoted to the one
and despise the other. You cannot serve both God and money. So he
took that personally, what you serve me. I've got the money, I've
got the I pay your check. You do what I say. So at
least she's not doing that. He came back. He said, Candace,
if you feel like taking money from the Daily Wire somehow comes between you and
God, by all means quit. Well, no, Ben, she's just
saying she won't sell your war for money. It's I would not sell his
January the sixth thing for money. I wouldn't sell people. I wouldn't sell
people into the fear and slavery of a lockdown. Buy my mask with info
Wars on it. You know that's kind of stuff. I wouldn't do that.
Absolutely will not do that. Owen has replied to that and said,
you've been acting unprofessionally, unprofessional and emotionally unhinged for weeks now. We have
all had to sit back and allow it, and have all tried to exercise
exceeding understanding for your raw emotion. But you cross a certain line when you
come for scripture and read yourself into it. I will not tolerate it.
She said, Well, I don't know. I mean if I kind of
think she probably meant that if the shoe fits, wear it. But you
know, the I don't know if she's got a history of posting Bible quotes
or not. But you know, there's a lot of talk about war,
isn't there, And so we should remember what Jesus said about peace, and
we should remember about how the love of money is the root of all evil,
and how we can't serve money as our god and serve God at the
same time. All that is very appropriate, not just to Ben Shapiro,
but to all these people, Lindsey Graham, Nuki Haley, all of these
people, and to our society in general. Everybody getting so raw and emotional
over this. And I understand and I think that that, you know,
the pictures of children, especially babies, blown up and mutilated. I said,
we need to show the truth about abortion. We need to take that
for a positive thing. We need to get people upset about death and about
murder and use it to protect life instead of expanding the death and the murder.
That's the problem I have with it. You see, both the people
who support Israel and the people who support Hamas are both showing you pictures because
they want more people killed. I want to show pictures of the sixty million
plus babies that have been mutilated so we can stop that. It's a very
different purpose. And you notice nobody's showing that. And even though you'll have
the media, you know, depending on which side of the conflict they're on,
they'll show you their murdered babies, but they won't neither side. Neither
side will allow you to show a picture of a murdered and mutilated, aborted
baby. Aborted, yeah, aborted. That's and Drudge knew that. That's
why he And it wasn't even a picture of a mutilate. It was a
beautiful picture of life, the baby Samuel grasping the pinky of the surgeon in
that surgery, the unborn baby. That was a powerful statement of life.
And it was Fox News who fired Matt Drudge for showing that on his program.
And he knew that they would fire him for showing that program, and
that's why he showed the picture. It wasn't to support life. I was
very disappointed when I met him and he told me that because that's the first
thing I said, because that's the best thing you ever did. Oh that
I just wanted to get out of my contract. He said. Well,
Ben Shapiro slammed Candace for retreating, retweeting far left anti Israel blogger Max Blumenthal,
and publicly monitor for defending Kanye West after his anti Semitic screeds. And
again, I don't see any justification for defending Kanye West. But this is
again, you know, media eight, that is you know in all of
this, and they're not going to criticize Ben Shapiro or Candice Open for their
cheering of Trump and his poison shot or their cheering of the shot itself.
But for them, the reprehensible things that they did were this tribalism thing.
And it may be tribalism. Maybe she sided with Kanye West because they're black
and what he said was wrong. I'm not going to excuse any of that.
But we don't want to be caught up in their racism. We don't
want to be caught up in their Hegelian racism. We need to be aware
of it and we need to understand how they're using it, but we don't
need to be caught up in it. And so Owens has a long history
of controversial and outlandish rhetoric. Yeah, you know, she she supported the
vacts and gave Trump a pass and all the rest of this stuff. But
no, they're not talking about that. But Ben Shapiro hasn't had That's the
other thing to Mediaite is this leftist publication, hard left publication, and they
don't have any problem with Ben Shapiro. I mean, he's you want to
say that somebody has made a lot of controversial and outlandish rhetoric. Statement,
Okay, what about Ben Shapiro, you're a leftist? You pretty much?
These people Mediaite pretty much disagree with Ben Shapiro on everything, but they're going
to give him a past because he's Jewish and they're Jewish. That's the amazing
thing about this, Just like I think Candis Owen gave Kanye West a pass
because they're both black. We need to be aware that we need to not
be caught up in that. But Cat Turn on Twitter said I never could
stand Ben. Glad you're finally catching up and they've now Shapiro and Owen's have
now on? Canis Owen have now unfollowed each other? NewsGuard News Guard Let's
talk about the overreaching structure here NewsGuard with Microsoft, and of course if you
dig deep enough, you're going to find out that they are, you know,
of course their sister saying Election Guard. Election Guard was one hundred percent
started by dark I think if you look at the funding of news Guard you'll
find that as well DARPA. There was a ten million dollar contract that DARPA
gave to Microsoft to create Election Guard, and that was their sole funding.
And so you got newsguards going to guard the truth and Election Guard that's going
to guard the elections or maybe they're going to be destroying the truth and destroying
the elections. Question is the age old question who guards the guardians? Well
that's really the question when we talk about NewsGuard and Election Guard, Now,
who guards us from what they're doing? This is real clear investigations and Lee
Fang, she said. The Twitter files revealed that Krovitz, Gordon Krovitz,
former publisher of The Wall Street Journal, touted his product, his censorship product,
NewsGuard, as listening to this quote a vaccine against misinformation. Oh,
they love their vaccines and their pharmaceutical industries in there. Because I guess that
could be true, because you know, the vaccines are ultimately a lie based
on misinformation, disinformation, malinformation, a lie designed to kill. So I
think that's a good way to understand NewsGuard. It is like a vaccine.
It is very much like a vaccine. He promised an out of the box
tool that would use artificial intelligence powered by NewsGuard algorithms to rapidly screen content based
on hashtags and search terms that the company associated with dangerous contact content. And
of course this is where they're going the artificial intelligence key use. They're not
saying this right now, but its key use is going to be to increase
censorship. And the increased censorship is going to be to stop podcasts. Podcasts
are the one place that they have not except for Spotify. Spotify has always
banned me, But I'm able to get on all the rest of the platforms
for podcasts because they can't. You know, they're not really scooping these things
out. Those days are numbered. I'll soon be limited to the back of
podcasts, like I'm limited to the backwaters of video broadcasting because I'll soon be
banned with that thanks to artificial intelligence. They're weaponizing all of that. How
would the company determine the truth for issues such as COVID nineteen. NewsGuard would
steer readers to official government sources only like the CDC. Other content moderation allies,
said Krovitz, included the intelligence and National security officials, because again DARPA
created Election Guard, and these are the people who are running the Mockingbird media
and all of the rest of this stuff. Our censorship, folks, is
coming from the Pentagon and the CIA, just like the lying news is coming
from them as well. The government works through seemingly benign non governmental organizations such
as the Stanford Internet Observatory, to quell speech that it disapproves of. It
pays to course speech through government contracts with outfits such as NewsGuard. By the
way, it's not just the Stanford Internet Observatory. Another big player which I
don't see. And they were big, big player. Maybe they're not anymore,
but they were a big, big player in the round of censorship in
twenty eighteen. On August of August six, twenty eighteen, they did the
massive censorship of info Wars, and then within two months they kicked off eight
hundred different sites. Many of them were not pro Trump, many of them
were anti Trump, but they were against the police and surveillance state, and
it's the police in surveillance state that is running this censorship stuff. And a
key player at that time was out of the University of Indiana and they had
an account on social media. It was called oh so me as in social
media, and they had in charge of their censorship group where they were going
through and identify find people. They were the ones who put together this massive
list that you know, the Democrats wanted them to censor. The guy that
was running that. You know, people don't people know about the Kinsey Institute,
this sexual perverse thing, but a lot of people don't realize that's in
the conservative Indiana Kinsey Institute. And they had brought over a guy from Italy
to be the head of the Kinsey Institute and he was head of the Kensy
Institute for a few years and then when they decided they were going to set
up a massive program of social media censorship of political dissidents, then they picked
this guy. Is interesting how we see this unification of perverse stuff like the
Kinsey Institute and these leftist socialists. It truly is a satanic agenda, isn't
it. NewsGuard is pushing to a why has broader screening process into libraries,
academic centers, news aggregation portals, internet service providers. The advertisers worst nightmare
is having an ad placement damage even one customer's trust and a brand. Well,
understand, the corporations don't care about customer trust. They openly flaunt their
contempt for their customers. Just look at NASCAR, for example, or Coke
or whatever right they have. They've got one customer that they want to please.
One customer and that's the government, or you could say, you know,
the government representative of financing for them, Black Rock, Vanguard, State
Street. These people who have their esg agenda. Yes, the esg agenda
is their marching orders. It's not about making a profit. It's not about
you know, hey, we want to sell Coca Cola to white people.
No, we hate white people here at Coca Cola, and we're not going
to apologize for that, you know, or bud Light or whatever a NASCAR,
they they have the esg agenda. That's where their money's going to come
from. And they're going to sell the government's programs because and they really don't
care about the public and so all this stuff about saying, well, you
know, we've got to go through and censor people because imagine how mortified and
pearl clutching NASCAR would be if they saw if their ads, you know,
ran on David Knight's program or something, probably would be clutching their pearls.
No matter what they're saying is, oh, you got these hateful right wing
people out there, and we don't want to have our products associated with them.
And that's not what they're doing at all, because they don't really care
what the public thinks about them. They're open and their public hatred and their
esg agenda, their environmentalism and their you know, their socialist they call it.
They don't call it socialists. But you understand China, by the way,
is one more thing I want to talk about before we stop with the
censorship and the speech issues here, and that is the fact that CNN is
saying that China is using the world's largest known online disinformation operation to harass Americans,
says a CNN review. Now this is true. They have a motive
in saying this because again CNN is the mockingbird press and they're pushing the you
know, China is our enemy narrative for the military industrial complex. It wants
a war with them, So that's why they're talking about it now at this
time. But I think it is true. As I said before, I
got the one time that I got kicked off of YouTube with a warning was
right after this show started. I put up a program and that lasted for
less than a month, and I got three strikes. One are the three
strikes was when I said twenty twenty was the year the world became China.
That was the beginning, a very beginning. The first strike I got was
that, and then I got on their radar and they quickly took me off.
And so where was that coming from? You know, if the Chinese
government has built up an online disinformation thing, and if they are, and
I think they probably are, this is probably true. The onsought of attacks
often a vile, deeply personal nature, part of a well organized, increasingly
brazen Chinese government intimidation campaign targeting people in the United States. It criticized the
Chinese government. It was very critical of the Chinese government. It's also critical
of our own government. So it could have been either one of them who
wanted me kicked off, or it could have been both of them. The
bottom line is that you two will do whatever the governments tell them to do
so. Somebody from the American government says, get David Knight off, they'll
do it. If somebody from the Chinese government tells them, get David Knight
off, they'll do it. It's kind of a race. I guess it
was to cancel. First victims face a barrage of tens of thousands of social
media posts that call them traders, dogs, racist, homophobic slurs. Now,
this is not the approach that they used for me. But I think
the back door censorship by calling up and we've seen ample evidence of that in
the Twitter files known as spamouflage or dragon bridge. The networks, hundreds of
thousands of accounts spread across every major social media platform have not only harassed Americans
who have criticized the Chinese Communist Party, but have also sought to discredit US
politicians, disparage American companies at odds with China's interest, and to hijack online
conversations around the globe that could portray the CCP and a negative light. Now,
I said that twenty twenty was a year the American government became China,
and so just look at this in the same context of that, to say
that the American government seeks to discredit politicians and companies who are at odds with
the American government's interest and to hijack online conversations around the globe that could portray
the American government in a negative light. We have become a CCP. When
we come back, we're gonna talk about the woman who would be king uh
Nookie Haley, because that is exactly the strategy that she wants to do.
Elvis, the Beatles and the Sweet Sounds of Motown. Find them on the
Oldies channel at APS radio dot com. Using free speech to free minds,
It's the David Knight Show. Sometimes you want to go where everybody knows your
name, they're always batch king you want to be? You can see say
you want to be everybody knows your name. They need to verify every single
person on their outlet because and I want it by name, because when you
bought smug, I've provided them with my government. If smug is on your
driver's license, then look, you can put smug in parentheses. But I
want everybody's name. I want everybody's name. She wants to Internet to be
a place where everybody knows your name, and it's going to just be this
warm, fuzzy, you know, friendly bar type of atmosphere like we had
it cheers. You know, everybody knows your name and they really that's what's
being sold to you. This is a lie that's being sold to you by
Nikki Haley, by Jordan Peterson. Jordan Peterson, I'm sick and tired of
these anonymous trolls. I understand, you know, I've I've seen that kind
of stuff as well directed at me. And you know, people can be
very vicious and seems like they get even more vicious if they're anonymous, if
they can do it behind a pseudonym or something like that. But you know,
hey, they've got no power over you ultimately. But she wants to
know everybody's name, and she is making the argument that if we know everybody's
name, everybody's going to be friendly and nice. How's that working out for
Donald Trump? Wait? Know Donald Trump's name? You know he's he's not
too nice? Actually? Uh no, na kon Nuki I tweeted out and
said, so what gives warmonger Nuki Hayley the authority to demand everybody's name that's
using the internet? And I said, it is disqualifying that she even wants
it. She's just another wanna be tautalitarian. Just say no to Nuki,
and she thinks that she's running for dictator. It's amazing. She says,
it's a national security threat because everything to her is a national security threat,
and you ought to be killed if you get in her way. I mean,
she's one of these people. It doesn't just want to silence you.
She wants to go to war with you. She wants to kill you,
imprison you. She is a very dangerous person. Seriously, I'm not joking.
She is very dangerous. Always has been a leftist, authoritarian demagogue who
is in her orientation, but of course running as if she's a conservative.
She continued to say, you know again, let's go back to anti semitism.
This is how we're going to sell it. Anti Semitism is the magic
thing, right, It's like taking your racism up to another level. Anti
Semitism was always bubbling underneath the surface, so now she's going to bring it
up. Now we're seeing this massive exaggeration of it, but no one is
talking about it. Why. She said, Well, the truth is,
if you look at social media, the misinformation and the dramatic sides of social
media instigating this why because it's being pushed by Russia, Iran, North Korea.
First thing I have to do when I become president is I've got to
have the social media companies show America their algorithms. Well, of course that's
not going to happen. We're not going to see their algorithms. Are not
going to see their messages from the CIA and the Biden administration or the Trump
administration. We're not going to see that. And then the second thing she
says is we've got to have every person on social media should be verified by
their name. This will get rid of all the Russian bots, the Iranian
bots, the Chinese bots. How do we get rid of a bot like
her? You know, how do we get rid of the demagogue bots?
They'll just say whatever the CIA, the Pentagon, and the CDC want them
to say. Those kind of bots. I'm sick of the bots who are
running for office. I'm sick of the bots who are running our country a
bunch of bots. We're going to get some civility when people know that their
name is next to what they say. No, we won't, well,
we won't at all. This is always, and she's being savaged everywhere for
this, and rightfully so W and D headline farewell cat turn. You know,
presidential candidate wants a ban on anonymous social media accounts Reason Nikki Haley's crazy
plan to require verification of social media. And I said, lest anybody think
that she's being taken out of context. So this is something she did not
say correctly. She said it not once but twice. It wasn't just on
that program there, but she had also done it on Fox News. And
as you saw her on that podcast The Smug Guy, he actually goes by
the name Comfortably Smug on Twitter. They said he was notably perturbed because he
has an anonymous account, and so Ron De Santis pointed it out. Glenn
Greenwall pointed it out. Reason pointed it out that we have a very long
tradition of anonymity, As Reason says, it is a cherished aspect of political
speech. Are we going to get rid of anonymous ballots too, you know,
so that we can stop the cheating and stuff like that. Anyway,
they go back and say, you know, James Madison published the Federalist Papers
under a pseudonym. Uh and Ron De Santis said, you know who were
anonymous writers back in the day. Alexander Hamilton, John Jay, James Madison.
They all wrote the Federalist papers. They were not national security threats,
nor are the many conservative Americans across the country who exercise their constitutional right to
speak. Well, maybe she doesn't care about American history, or maybe Nikki
Haley Nimroda is actually wolfully ignorant of American history. Maybe she's just a DemoGod,
demagogue, totlitarian who wants to get into this. But one of the
ones that they're not mentioned, they are going to any detail. If you
go back and you look at my son says, we only want the news
guard Ministry of truth bots. Only our bots will be allowed. That's right.
If you go back, though, and you look at anonymity and you
look at Jefferson and Madison, what was one of the things that they did
anonymously, Well, they did the Kentucky Virginia Resolutions criticizing John Adams Alien and
Sedition Acts. Why would they do it anonymously, Well, because John Adams
is alien and Sedition Act was an act of tyranny, and he would have
locked them up as being seditious. Just like Joe Biden, very important to
be able to have anonymity. And by the way, you don't have anonymity
to the government on Twitter or any of these social media accounts. They will
find you. So you know, keep that in mind when you start saying
stuff. Don't get stupid about it. Just understand that. Don't be stupid,
like a lot of people are stupid about January the sixth. Don't be
stupid about this stuff. It is ultimately not anonymous. So people pointed out,
as I said, where do you get the authority to do that.
It's blatantly unconstitutional, absolutely unconstitutional for her to to do that. She's just
another She's just another bimbo that's been put on a pedestal by Trump because of
identity politics. That's all Nicki Haley is. But she also has the support
of big business in the military industrial conflicts. They absolutely love what she does.
In this Brightbart commentary, I say, the New York Times article praising
her, ignore her giveaway offer of cheap blue collar and white collar labor to
investors, said, most politicians do not know the business side of immigration.
I said. One person who was trying to get in a control he said,
Nikki Haley is so out of touch. I think that her super packs
are swaying her judgment. Yeah, I mean she just met with Jamie Demon
of JP Morgan, who's going to be giving her a lot of money.
What she was saying in terms of we need to open things up. We
need to let CEOs import workers and graduates that they need. That was her
other thing about all this. They need these people, she said, For
far too long, Republican and Democrat presidents dealt with immigration based on an annual
quota. She told room full of supporters, we'll take x number this year,
We'll take x number next year. The debate is on the number.
That's the wrong way to look at it. We need to do it based
on merit. We need to go to our industries and say what do you
need that you don't have, So think agriculture, think tourism, think tech.
We want the talent that's going to make us better. And this is
the same type of thing that Vivaate the Snake. Ramaswami and Musk we're both
saying, oh, we want to have the best people on our team.
You know, let's get we can't find anybody any good here in America.
Let's bring somebody in from the countries that we came from. And that's exactly
what she's saying here. She is opposed to the fabric of America. That's
her term, the fabric of America. But she's opposed to the fabric of
America. She's opposed to people in America having an opportunity. She wants to
bring on other people because it's going to benefit her, just like it benefits
Ramaswami and Musk to bring people in who are intelligent to work for less money
than Americans will. Uh. And you know it benefits her because she can
bring in the money if she brings in the people. She's playing to the
chamber of Commerce and people of that ilk and she's playing in the military usteral
complex. And hopefully with this statement about getting rid of anonymity, you understand
what is really behind that. That is about setting up an Internet ID.
And they come at us in a number of ways. Conservatives have typically come
at us by saying, well, you know, we got all this pornography
problem on the Internet, so we've got to have we've got to have a
way to keep kids from getting on there. So everybody's got to have an
ID, or they'll come at you with artificial intelligence. An artificial intelligence is
creating all these fake videos and everything. So you're going to need to have
an ID to prove you not the artificial intelligence, or they'll say we got
all these people that Biden has let in. It is really a problem.
But you know, I've got a solution, says Ronda Santis. I'm going
to have a everify where you have to get permission from the federal government.
They have to verify that you are American citizens that you can get a job.
That solves a problem, right, No, You solve the problem of
people coming in without any documents. You solve the problem of artificial intelligence.
It needs to identify its fake content, not that I have to identify that
I'm a human being. And of course the pornography thing is a spiritual issue
that you're not going to solve by a government intervention. But they use every
single one of these things to push an ID, an ID for the Internet,
an ID for everything, because especially for the Internet, because they want
to run. They want your life to be lived through the Internet. You
will buy your work, you'll trade through the internet, especially because you're not
going to be allowed to go anywhere in your fifteen minute city. So it's
very important for them to have control and identification on the internet, and that
is why Nikki Haley is doing it, and she's unfortunately not alone, even
on the conservative side. Sort of perception sos. They want to make sure
they can put you on a list. They need to have your name.
They know who we all are. They just don't want to expose that they're
spying on us by going after anonymous accounts. That's right, It gives them
backwards cover already doing it as Yeah, anyway, Risha m. The term
is it's a matter of national securities, just the cover for detalitarian government.
Always has been, always will be. Laurie, the most powerful effective disinformation
networks are those that target Christians incognito with part truth and have infiltrated the camp
they aught right for example reason some X Fox News moved into it. Yep,
Brian deb McCartney. This program of knowing all on socialist media has been
in the works forever. It is the timing that they're playing with as the
narrative shift and the sheep are identified absolutely right. As I've said for the
longest time, that's what the Internet was designed for. That was designed as
a surveillance and control system by a psychologist at DARPA, JCR Licklider. And
then when it became the technology started to become practical in the late nineteen nineties,
they jumped into it in every aspect with all the venture capital stuff.
That even had the CIA create their own venture capital firm, and they kept
them running, kept the cash flowing, so these guys could offer everything for
free. And now you know, they've closed the gates on this ghetto,
now that they've got everybody roped into social media, and you don't want to
go to websites anymore. By the way, the David Night Show. Go
the David Night Show. Remember that website, and that's where you'll find the
links to the programs. Because it can be very difficult to find us.
And if you want to try to make it a little bit easier to find
us, assuming that the search algorithms on the different platforms are honest, if
you like us on those platforms, I don't help people to find the broadcast.
So if you like us on a bit, shoot on Rumble, on
Odyssey or rock Finn, when people go to these sites, they'll be able
to see us better, more likely to find us. So that is something
you could do to help the broadcast quite a bit. Doesn't cost anything except
just a little bit of time, Josh bed Nicky Haley. Isn't her real
name? That's right? Yeah, Nimroda something else, and she I think
she married somebody that was named Haley. Angus mustang this from a woman who
doesn't use her real name. Yeah, that's that's the key point that you're
that you're making here that I was a little bit slow to pick up on.
We want to know your real name, Nikki. That's that's what they
should have said. That's good, that's what the guys the podcast should have
said. That would have taken her down a notch. I would like to
see in her reaction come back with that. But they're not going to challenge
her. Not gonna challenge her. Well, we're going to take a quick
break and we'll be right back. Stay with us. So, unlike most
revolutions, whether people rise against the real economic of pressure, in our case
here in Boston, we are fighting for purely an abstract principle. It is,
however, not nearly so abstract as a young gentleman supposes the issue involved
here is one of monopoly. Today the British government will monopolize the sale of
tea in our country. Tomorrow it will be something else, liberty. It's
your move. You're listening to the David Knight Show, all right. Joining
us now is Tony Ardaban. It's great to have you. Tony. Whyswolf
dot com is his website. He sells gold silver and he's got some great
structures there a community with a wolf pack and I've always dealt with Tony and
he's also set up David Knight dot gold. Let you know that you heard
about him through us, and so joining us now is Tony Ardaban. Thank
you for joining us, Tony. Always great to be here, David,
thanks for having me. What's on your mind this week? I mean,
it's been an interesting week with what's happened in the financial markets, hasn't it
Well. I think we anticipated this happening eventually. Owned Jerome Powell's raised rates
faster than any time in history to try to curtail the massive inflation from the
damage that they did to the dollar during the COVID era, and of course
the economy is starting to falter because of the addiction that the Western economies have
to cheap fiance currency and debt creation through the central banks. Now that they're
not getting their supply, they're looking to the supplier and saying we need it.
And I don't know if they're going to get it or not, but
the markets certainly anticipate that. CNBC is that there's going to be a Santa
rally towards the end of the year, and I thought that's pretty interesting because
Santa isn't real, and neither is the stock market or these these ESG black
rock type companies that are out there, and I think this is I think
part of the course in the in the times that we're in, David,
And I'm not sure that they're actually going to lower rates. I'm really not,
because this is something that it's been odd their behavior, and I think
you're starting to see what's really important to these central banksters is the control of
the global money supply, not so much the economies in which they rain over.
I mean, they can pick winners and losers. And again, I'm
not saying that they won't lower rates, but I'm not one hundred percent sure.
I'm not one of these analysts on CNBC I don't buy into the to
the stock market. Most of it's absolutely fake, as you and I discussed
pretty much every week here, and I certainly wouldn't be one of these traders
that's going to get really excited about it. But you're going to see that.
I think you're going to see people thinking that happy times are here again.
And I'm not so sure. Yeah, there was a headline on zero
hedge. Some may want to buy insurance on this tiny zero point one percent
CPI miss. In other words, inflation increase that sparked a face ripping rally.
And that's the key thing. You know, people have been looking at
the and thinking, well, you know, how much longer are they going
to go before they lower interest rates? As Gerald Celentia said, we got
an election coming up. They want to, you know, do some artificial
stimulation to the economy to probably lower the interest rates just before the election,
and and you know, try to bring that about. And so with this
tiny, teeny tiny thing, they said, well, we'd expected inflation to
go up this much and because it according to our statistics, which is you
point out, we know they always lie. They always lie about the unemployment
numbers, they lie about the consumer price index, and they always even go
back and readjust previous quarter in order to make the trend look better. You
know, so they do all these obvious lies, and based on this obvious
lie, you have this massive stock market rally, and everybody said, that's
it. They're not gonna they're not gonna raise interest rates anymore, and they
may actually start lowering them. And so that's really what this whole, this
whole rally was based upon, was the fact that they put that out there.
There was really even if you believed it was true, there was nothing
much that had changed. But they saw this as a signal from the Fed
that maybe they were going to ease up, and they wanted to believe that.
I think because of what's coming around with the election, so much of
it the economy and everything's really tied to the monetary policy, which is why
they started the Federal Reserve in the first place. You know, I was
reading something yesterday, just statistics on what happened after we went off the gold
standards. That's where my mind always goes my wheelhouse. Gold was up two
thousand percent from nineteen seventy one. In nineteen seventy nine. It was the
stock market. Has the stock market kept pace with our inflation? Really think
so? I think that's why they want to put people in all these financial
products. I mean, when you were a kid, not every commercial was
about financial products like it is now, whether you're four to one k's or
iras or what stoock or what trading platform to be on. That's so ubiquitous
now because we're losing purchasing power in our currency every single day, and the
powers that be I think, you know, looking at the global picture,
which is really where you need to look when you're thinking about currency, is
where is the dollar going, you know, losing its its share of purchasing
statistics. Looking at the share of the dollar used being used as a currency
around the world, two thousand and one, it was seventy five percent.
Twenty twenty three, it's forty six percent. So we're seeing this decline in
the dollar being used as the world's reserve currency. Even Iraq. I saw
a tweet on gold Telegraph a rack has stopped. It's illegal to use dollars
or to withdraw them, or to take part in the Iraqi economy with dollars
now, which is a huge departure from where when I went in, they
lost their currency overnight. I got to see their currency with the gnar with
Saddam on the face. I got to see that die in real time.
Now, people were running out of the banks with boxes of paper notes that
nobody wanted, and they used dollars. So that's a that's a massive shift
where they're not even allowed to use them anymore. So I think that's happening
more and more around the world. The dollar is the enemy, especially to
these petroleum rich countries that may or may not be on the United States head
list or you know, because we have the forty different sanctions in thirty six
different countries. Another thing that popped up that I thought was really interesting and
I've wondered why for years, David, there's a miracle up on Kiko.
I love your take on this. There's an article up on Kiko where there's
an investigator who's trying to piece together the crew holdings of China, of the
gold holdings of China, because I've often wondered why did they they secret they
stealthily bought gold starting at the beginning of this century. They've been stealthily buying,
not putting it on their books. Gold is not exported from China.
China has sixty thousand gold mines. Sixty thousand wow. And so somebody was
piecing this together and thought, okay, let's look at the actual numbers that
flowed through the Shanghai Exchange and what didn't flow out. And so this one
one investigator has estimated that China actually has thirty three thousand tons. Wow,
and what that's in their populace and then nationally held about sixteen thousand tons.
Wow. Well, right now, supposedly the United States is the world leader
in gold holdings because we haven't been in that buyer since the fifties. We
haven't been adding to our supply since the nineteen fifties. We have about eight
thousand tons. So this investigator, I thought this was a really interesting article.
China's stealthily buying under the radar, using their exchanges, using their gold
mines, their nationally controlled gold mines. As a matter of fact, Robert
Kiyosaki, who wrote Rich Dad Portaut had a massive goldfinding in China as a
private you know, corporation, went in there and an investor. He found
the gold. He had investors. He went to go pull it out of
the earth and China stopped his permit and they took it over and nationalized the
mind. So they are hoarding gold, keeping gold inside their borders, and
they could have twice as much gold as the United States, which would give
them leverage to step in and say not buying, which they're not buying treasuries
anymore. And I know that Janet yell At thinks she can pay for two
Wars, two more wars on the credit card, but you know the main
lender is dumping US. So China is dumping the treasury and buying gold.
So there's something I think geopolitically. I know that I'm not supposed to go
because CNBC tells me there's going to be a Santa rally and everything's okay.
But I'm not so sure. When when China becomes the world leader in gold
holdings, I think that changes the game significantly. Yeah, I agree.
And when you look at Janet Yelling, I think she's had too many mushrooms
in China. I think that somehow called her judgment that or the power one
or the other. The mushrooms or the power has gone to her head.
She doesn't know what she's talking about. But I think you're right. Yeah,
the Chinese take a very very long term approach, don't they, you
know, for everything that they do, and it is a criminal organization,
as you point out, coming in and nationalizing the gold mine that he finds.
As you were talking about that, it made me think of the small
time crooks that we've got in this country, like the FBI who went in
that. You remember the story of these guys who found a Civil war gold
and you know, they had to report it to the federal government. The
FBI comes in and says, we'll take a look at this, and they
kick the guys out, and there's all this noise going on, and you
know, machinery and everything for several days and they can't come in and look
at it. And then the FBI comes out and says, now there's nothing
there not Now there isn't And so you know, tell the Audi. I
hear these stories all the time. I was in my bank of Missouri.
The teller there a few months ago was telling me. He says, well,
my family they bought a table and an auction and they were wondering why
I was so heavy for so many years, why is his table so heavy?
And then finally they want the legs came off and they looked in and
somebody stacked twenty dollar gold pieces in the way, like Paul Away, and
so it was this point, mean they had maybe a two hundred, I
don't know how many they had. It it was a lot, I mean,
she said, was the legs were full of twenty dollars gold pieces,
and they called the FBI. Why you know all the table and I people
find of course they lost the gold. Yeah, they turned it in,
lost the gold and because they can ever get it back, and there has
to be an investigation because it does you know, nineteen thirty three pre nineteen
thirty three gold coins, and so this was considered gold hoarding, you know.
So, I mean it's long since been lifted to executive orders to Gerald
Ford that you can illegally own gold. But that's something that FDR. Did
you hear this these stories all the time. Somebody found a lot, you
know, because people after nineteen thirty three started burying the gold. Not everybody
turned it in. Have evidence of that in my shop because I buy these
coins all the time. So if you find gold coins, just call wise
Wolf. I'll tell you what you can do with them. You own them
I don't know what the why you would call law enforcement. Let's it's something
I don't know. But if you if you're on your land or it's your
item, I'm pretty sure you own it. Well it was it was in
this particular case. It was like National park Land or something like that,
and it was tons of gold and so you know, it's like, there's
no they're going to be able to hide that. But I thought it was
amazing. It was just, you know, in your face theft and they're
trying to sue them in court and try to get This thing has been going
on now for years. The first time I talked about it was about four
or five years ago. But yeah, it is that. That's kind of
the little penny anyway that our government steals from us. But of course,
you know the Chinese Communists will come in and just say nope, that's mine.
You know, you're out of here, and they do that. All
that's part of the China price. You always have to have. The Chinese
Communists have to be your partners in it, you know, the upper ranking
people, and they will steal your goal mine. They will steal the plans
that General Motors had for a car and do it in competition to them and
and release it a couple of weeks before GM releases their car. They do
that all the time. You know, it's the piracy that the intellectual theft,
and then just the outright theft of whatever it is that they're working on.
But you know, there's also when we look at this, it's what's
happening with gold, it's the financial markets, it's the inflation and everything else,
and the manipulation of the prices as you point out, and you know,
whatever China is doing and whatever is happening in the Shanghai the paper gold
market. A lot of discussion about that. But there's also this this report
from actually from a trend's journal about how top bankers are dumping their bank stocks
and and this is happening is of course banks everywhere, especially in the UK.
They've talked a lot about it, dumping their customers. You know,
it's looking more and more like, you know, the banks are in a
difficult position. You've got the commercial real estate issue is to be affecting the
middle sized and small banks because when you had the two thousand and eight crash,
they came up with new rules for the big banks that were too big
to fail, but they still let the small and medium sized banks get into
these risky loans for commercial real estate, and now they're at big risk for
that because that is all going belly up. There's going to be a sweeping
erasure of small banks, and then the big banks are out there killing people's
bank accounts for no reason. All thousands of people in the UK every year
are just getting kicked off now of their bank accounts without any explanation or recourse.
Who saw with Nigel Farage when they did to him, because he was
well known, he was able to reverse this. But that's not happening for
most of the people. The thousands of other people who are having that happen
to them. This war game this out a little bit. You go back
to FTX and Sam Bank man Fried. You have that total collapse, and
it has to be crypto because crypto is the enemy. You know. There's
all this speculation and it's all a scam. Of course, that causes the
stress and the collapse of Silicon Valley Bank and banks like Silvergate which I used
to send my wires to to get my bitcoin, and all these regional banks
start having all the stress and some get bought up, and I think that
was always the point. It's it's always consolidation into the larger and larger banks,
and this is a pathway to central bank digital currency because you only you're
going to have just a few different banks, kind of like you have a
few different companies. We're really really a two or three, you know,
with the with media holdings, right that are parent companies. So the same
thing with the banks, and they're all auditioning to see which one is going
to better roll out fed Now what's going to be the bones and structure of
the central bank digital currency? You know? And maybe you're going to be
de banked. But it's okay because you can download your app from the Federal
Reserve and get your central bank digital currency with with your biometric data, David,
David, it'll be it'll be attached to you through blockchain, so it's
safe and we can control the money supply and won't we've had too much inflation
and the answer to that is a central bank digital currency. It's always problem
reaction solution, them causing the problem in the first place, laming it on
something else that has nothing to do with it. And I think I think
that's what this is all about. I saw the same articles, and I
think there's a delayed reaction not to cause a bank panic. I think maybe
there was a deal they were told not to sell off their stocks until now
there's been a bit of a delay in what happened with Silvergate and what happened
with Silicon Valley Bank, and that those regional bank stressors. I think they're
going to see more and more of those closures, and the big banks are
going to buy them up and buy their assets, and we're going to be
in the middle of it because a lot of us are going to be debanked.
I agree. Yeah, I think we're going to see the same type
of narrative that we saw with the big social media companies. Well, they
are corporations. They can do whatever they want, private corporations. So we
find out later on what we always knew was that they were taking orders from
the government to do this kind of stuff. So if you get these,
you know, you wind up things like the commercial real estate and other issues
like that start making These small banks and medium sized banks got a business left
and right, and then you got the big guys that are the ones left
standing, and you know, hey, they're private so they if they want
to kick your bank account out, they can, and they're but don't worry,
because we're the government and FED now is going to UH and FED coin.
You can use that kind of stuff, and we'll we'll give you the
banking thing. These private banks, you know, they're they're not nice guys,
but we're great guys. We're we're the government, and so we're going
to let you come in and have your bank account here as the provider of
banking services the last resort. And of course it'll all come with CBDC and
the digital ID and all the rest of this stuff. But you know they'll
be they'll position themselves as as a feature, not as a bug, as
a savior, not as a censor. I think is what they're going to
do. I think the the I M S came out and they and they
said yesterday, oh, the climate is really good right now for central bank
digital currency, and they're laying that out. This is the next move that
central banks are going to make. Yeah, no kidding, that's I think
the IMF and then they have the unicoin that they were proposing, so all
these the central banks of central banks, in the Bank of International settlements talking
about the same thing. It's always some creative destruction at the beginning, and
you know, we're going to for safety and we have to regulate this,
and these smaller institutions don't have the capacity to regulate. It's kind of why
they've they've pushed out a lot of the small operators in the crypto business.
David, you better have some money now. I was some of the first
bitcoin ATMs back in twenty sixteen, twenty seventeen, and those days are long
gone. You can hardly even get a bank account now. I had to
sell off most of that business. It's very tough to get into a new
bunch of regulations, you know, if you want to get a deal with
crypto and everything, more of these know your customer rules. I mean,
they're ramping this stuff up to make it absolutely impossible to do any of this
stuff. Jason Barker's we're talking about that stuff. Civil asset forfeit. Youre
azs why they did with the gold. We don't have to accuse you of
a crime, We just just take it there. Honor Seeker says, at
least John Dillinger had some dignity as opposed our federal government when they rob the
banks. But of course they're going to rob the banks and they're going to
rob us as well. That's really true, Angry Tiger. They must consolidate
in order to usher in CBDC. I agree absolutely, and angus mustang thank
you very much for the Tippy said soon. So now we would have to
verify our identity to use social media, but not to vote. Yeah,
you'll never have to use your identity to vote. You'll always be able to
do that without probably your digital ID or your CBDC or anything else. You
know, you can just always go in and and pull a lever, and
they'll pull a lever for you even if you're not there. I think vote
early and often. That's why you don't need your biometrics. You don't need
you don't need your digital wallet to do that. You can just show up.
Yeah, that's right. Well, you know again this article here silver
and gold, why paper still moves the physical prices and that is one of
the things you know. I in my IRA, we put it into some
of the ETFs, you know, like g l D and SLV, and
then I noticed that they were not moving. Uh, the spot price was
moving. As it's something phony is going on here, and I started looking
at it. You know, talk about the difference with that. We've mentioned
that before. How you know, a lot of people get into it that
way because it's an easy way to trade it. You know, you buy
it for a tenth of what you know, they sell it. The price
is one tenth of kind of I guess the supposedly of whatever the price of
gold is. Of course, that's a lot of different places where you can
price it, but it's like a one tenth of an ounce that you can
get into it, and it's as easy to buy or sell as a piece
of stock is. And so a lot of people get into the paper gold
and paper silver. Talk a little bit about that decoupling and what it is
really behind it. You already mentioned, you know, the kind of secret
gold stash that China's got. Does that figure into this kind of manipulation of
the of the paper gold? How does that? How do you see that?
I think so? And we talked about gold holdings of these countries are
more secret than their nuclear facilities, nuclear weapons of the public than the gold
holdings. And now this is this is an underlying war. Who gets to
control the money supply? Of the world and the reason that in the West
and especially our exchanges, in my opinion, and there's been a lot of
great journalism far beyond what I understand. They control the paper market of gold
to suppress the price of gold, because the dollars at war with gold has
been since nineteen seventy one. Because once we decouple from the gold standard,
Richard Nixon took us off of it, closed the gold window. We have
a free floating currency. We have a fiat currency which is Latin for by
decree, and so it's it's back by nothing. Gold is out there on
its own, still being the world's reserve currency, if you will, but
not really called that. It's just a commodity. So when gold prices go
up, you're what you're seeing is the decline of the purchasing power of the
dollar. So they in the nineteen seventies you had, like I said earlier,
two two thousand percent increase in the price of gold. So they had
to raise interest rates to the teams to stop the loss of purchasing power in
the dollar. And that's what was under Paul Volker in the Federal Reserve.
And so right after that they really controlled the paper markets, David, you
can see them stepping in and in the silver market alone. And I have
some very smart people I follow have noted that. You know, in times
when people have tried to get the silver market to spike by buying silk,
physical silver, like in February of twenty twenty one, they bought out every
dealer I knew was out of silver, and the next day that the price
went down in the spot price. No one could find it, but it
was gone. And the reason is because the paper market sold off one point
five times the annual supply in one day. They sold it. It looked
like it was being dumped. So the same thing with gold. How do
you really know? It's hard to say, but the central banks, again
working hand in glove with the bullion houses, can manipulate that and they can
make it look like that gold is being sold off or it's not as sought
after. I promise you, if you took away the paper markets and it
was you were forced to get physical in your hand gold or silver, those
prices would be dramatically different. I don't know what they would be, but
it would be different than what you're looking at. Now. That's the true,
the true manipulation is to suppress it, which is kind of flies in
the face of what normal people think, because if you're doing inside or trading,
you want to get that price to spike or you want to get some
kind of profit from it, and so it's it's countering two what we understand.
But that is the United States in the Federal Reserve or war with gold.
They have been for a while and that's going to continue. And that's
especially when we talk about those gold holdings we haven't added to. There's only
one central bank not buying it. It's US, the United States, and
is not buying It's not in that buyer of gold anymore and hasn't been since
the nineteen fifties. Yeah, yeah, Harps says paper, gold and silver
are really just expensive toilet paper. You know when you look at all of
this stuff. The way they can manipulate it, and that's the key thing.
You know, real money is what you hold, and real money is
gold, and so you have to it is they have so many different ways
that they can manipulate the market. You know, just as the Federal Reserve
can just out of thin air, you know, create money, Wall Street
can do the same thing. I mean, just look at the way they
spend these narratives and so forth. But for the longest time, as I
pointed out earlier this week, Moderna went for over a decade, had no
product, but they kept making tons of money with great stories on Wall Street.
They give people this great story about this new product that's going to be
coming along, and everybody would buy their stock, they would cash in some
stuff, and they would keep going, and then that wouldn't pan out,
so then they would come up with another story about another product that was also
vaporware until they got to Trump. But I saw that with Blockbuster Video,
they were able to put that on the stock market because we were competing with
them, they were able to get unlimited amounts of money from the stock market,
even though they were losing money every single year. And then they would
use that ability to lose money. They would use that to put mom and
pop stores out of business. I remember them coming into our area and putting
you know, they would select one retailler at a time, and they would
put a big store right across from them or right in front of them in
an out parcel when they were in line in the shopping center, and put
them out of business, so they use that for predatory practices. It's the
same way that you know they manipulate the gold and silver markets. These people
who have you know, these markets have allowed them to do this type of
thing. So I think the real key is when we look at the long
The thing that I find interesting about the gold stuff is not what is going
to happen with inflation of the rest of stuff, but it's about this complete
financial system reset for control and surveillance. That's what concerns me about it.
Yeah, gold is freedom outside of that system. If you've got physical gold
with you, no counterparty risk, you're in a lot better position than having
your funds in the bank. And I'm not telling you to go close your
bank account. I'm just saying you look at the pressure on regional banks or
banks that are friendly to people like human beings, don't treat you like a
number. Those banks are under a lot of pressure and are going to be
in the future, especially with these economic changes that are only going to benefit
the few. So having out something outside of the system, especially gold and
silver, is really important and knowing how to use that, knowing that what
kind of product you're going to get from a dealer. It's very important right
now because there isn't enough. There isn't going to be enough supply. As
soon as the people that are watching CNBC, I think there's going to be
a Santa rally that I don't even know where to begin, because you're talking
about a system that is you just discussed earlier. It's no longer based on
profit, David, We're not. Our stock market is no longer based.
It's all fake and it stems from having fake money. I mean JP Morgan
said that gold is money and everything else is credit. Wrong, everything else
is debt now and these companies that are running they're zombies. They don't make
money, but they don't die, so they going to buy into this system.
And I don't think there's going to be a good outcome here other than
what they are engineering, which is a reset. I mean, it's a
financial reset. So the best way to be outside of that is to have
something with no counterparty risk and something that's always been money and always will be,
and that's gold and silver. And my opinion, yeah, I agree,
Yeah, it's going to be they're going to lower the hammer. I
mean, we just saw this again in Australia. They had a major internet
provider go down and telecom company and nobody could get do any transactions because they
made everything so cashless. It's such a vulnerable system if you don't actually physically
hold it. And then you know, in terms of infrastructure, they had
some kind of an attack on forty percent of their ports got shut down and
stayed shut down, and that was probably also you know, that was definitely
a cyber attack of some sort, probably on the financial side of that.
But again, you know, we've seen this over and over again. The
attacks come on the financial side, and so as we become more and more
tied to that, I think it's going to be more and more vulnerable.
Handy says this year was the first year I've seen my county accept a digital
wallet as a payment option for property taxes. There'll probably be a requirement for
certain interactions with the government to use some kind of a CBDC, but again,
you know, it's going to be a mix for people to be able
to be a little bit outside of that system. Before we end, tell
us a bit about what's going on at Wisewolf, well, a couple of
things that there's never been a better time I think in history to really examine
being part of this system, like we just discussed being part of the stock
market, the four oh one K, the iras and all the things that
were set up after nineteen seventy one to help you not remember that you're losing
purchasing or in your dollar or not realize it. And we make it really
easy. If you've got an existing IRA or four oh one K, you
can go through Davidnight dot gold. I'll roll that into physical gold and silver,
so you can go through the physical gold and silver, bars, coins,
whatever you'd like. If if it's the IRA parameter and that's your physical
gold and silver, now it has it going to third party vault. We
make it really simple. I've got the process down pretty well, so you
can go to David Knot dot gold and check that out. We're happy to
answer in your questions. And on the other end of that spectrum, we've
made it really easy to get physical gold and silver on a monthly basis through
Wolfpack. Same thing David dot Gold. There's a tap says joined Wolfpack.
Low is fifty dollars a month. You can join the lone Wolf program.
We sent you fractional silver sometimes gold, especially in the higher tiers you'll get
fractional gold, but all sorts of variety, different coins, gold packs,
the gold back notes where we bought more of those this last week, and
so much variety, I mean, sovereign coins, generics, bars, everything
you can imagine flowing through Wolfpack. We got nearly eight hundred members. I'd
love to see that get to a thousand. I think that should be our
base level because the more people that join, the better prices I can get,
the better buy ins, and I've been doing a lot of great buy
ins lately. So go and check that out, and I would I would
also mention too, David, one of the products I was just in in
Las Vegas last week. I set up a new media company and you're going
to be a part of that with freeworld dot Fm. I just got to
get the hookups done with on your show and in my show, we're already
streaming. Freeworld dot fm is up and it's live. It's going to be
a free speech platform and with great hosts like yourself and any of your listeners.
Just give us a try. But we're gonna we're working on the logistics
right now. But it's another it's another lifeboat for those of us who want
free speech. I'm just I'm using the I'm making hay while the sun is
shining. If I've got a little bit to put into investing, I'm investing
in US. So I was out doing that last week and I set up
a new media company, so Freeworld dot FM, and it's going to probably
host the David Knight Show every well every morning. Yeah, we've been trying
to We've been trying to get it on it. We've got a couple of
issues because of the the platform that's there and the and you know that it's
MAC or PC that's there, so Travis is not here. When he gets
back, We're probably going to be able to get that. You know,
I'll have enough manpower that we can get that solved. But yeah, looking
forward to doing that. I got one question before you go, Tomicdog,
says David. Can you ask Tony if platinum will remain flat or does he
see it moving higher soon? Uh? You don't get involved in platinum,
do you it's just gold and silver or do you do other metals ideal in
platinum. I had one of one of your listeners had a pretty large IRA
and bought a significant amount of platinum about a year ago, and I had
to source some. And your government mints make platinum, like Canada, United
States, most most all government mints have platinum. You know, it's using
catalytic converters and other things that you know require that for the technology that's been
flat because of you know the production of cars and other things that are going
into the evs. But I do think that just over over time, I
think platinum will move just for the sheer fact that the dollar is losing purchasing
powers. So there's other uses for platinum beyond uh, you know, auto
manufacturing, and I think you're going to see more and more of it.
So I do think platinum has a potential to move. And it's definitely definitely
not going to be something that's going to be discarded. M So, yeah,
I mean there's I think there's a long upside to plan them. Well
it's good. Yeah, maybe even copper who knows it, would get the
original copper pennies and stuff exactly, anything that's physical, you know. I
mean, they want to they want to put us in a virtual world.
We've got to go counter to that. They want to consolidate everything globally.
We need to go local everything that they want. We know what they want,
we go counter to it. And it is so so good to have
you on, Tony, and thank you for what you're doing, looking forward
to the Freeworld dot FM platform and and all the other things that you're putting
together. Thank you so much for joining us. Appreciate it. Thank you,
Dan, thank you. All Right, folks, we're going to be
back in just a moment, and we're going to be connecting to Mark Thornton,
who is a senior fellow at the Mesa's Institute, and we're going to
talk some more economics, and we're going to talk specifically about what he saw
happening a few years ago and uh and what he thinks is going to be
happening from his perspective, will be right back in a world of deceit.
Telling the truth is a revolutionary act. You're listening to the David Knight Show.
Join us shortly when we stack things up back to back, we have
to do the invitations sequentially, but he should be joining us very soon.
Well, we're waiting for him to join. Steve Molloy that I've talked to
many times, and his site is Junk Science as he's pointing out. You
know, Tony was talking about how the move away from internal combuestion engines is
depressing the demand a little bit for platinum because of the catalytic converters and things
like that. But Steve moy says evs are easily the biggest failure of centrally
planned industrial policy in US history. Yeah, we're going to have a lot
of these things because they're centrally planning everything. Now. The windmills are failing.
We've had companies like Slender and others are failing. They want to do
everything in a central way. They're centrally planning our central grid and they're planning
to take it down. Says this despite massive subsidies. Ford lost thirty thousand
dollars per EV sold in twenty twenty two. Twenty twenty three's losses will be
even greater. GM has abandoned its target of selling four hundred thousand vs next
year. Ten years of EV driving requires fifty thousand and taxpayer subsidies. He
says, that's equivalent of a gasoline costing seventeen dollars and thirty three cents per
gallon. Think about that, because of government subsidies, that we're all going
to wind up paying, and he says that's just for openers. Okay,
we got our guest ready. I'm gonna take a very quick break and we're
going to be right back. Stay with us analyzing the globalists. Next move
and now the Deevid Nutshell. All right, welcome back, joining us now
as Mark Thornton is the Peterson Luddy Chair in Austrian Economics and a senior fellow
at the mess Institute. And so I want to talk to him a little
bit about the Mesa's Institute. I refer to their articles frequently, and so
I'd like to talk a little bit about you know, what do we mean
by Austrian economics? Who was Lukewig von Mises and a little bit about the
Mesa's Institute. But he also wrote a book that is available at their site,
and Skyscraper Curse. And it looks like with a crash and commercial real
estate that we're going to be looking at a skyscraper curse coming back their return
of the Curse. But joining us now is Mark Thornton. Thank you for
joining us, Sir David. It's great to be on your program. But
with government solving all the world's problems. I'm not sure if we're going to
have anything to talk about. That's right. If we got a problem we
just haven't done by government, but especially at the federal government level, because
that's all the problems need to be solved. There. Tell us a little
bit about the Mesa's Institute. The Mesas Institute is now forty years old.
It was founded by mister lou Rockwell. We're right here in Auburn, Alabama,
and we're about economic education really from the perspective of the Austrian School of
economics. Ludwig von miss fa Hyak, Henry Hazlitt, Ron Paul and many
others were the smallest but fastest growing school of economics. And I think it's
a you know, it's a the science really behind free markets, and we're
trying to get it out to as many people as possible. That's right.
Yeah, give us a little bit of an idea of the audience when we
talk about Austrian economics. You know, several of the founders who are from
Austria. Course, but you know, what is it that's different about Austrian
economics versus what we typically have with our you know, what people learn in
college with macroeconomics or Keynesian economics and things like that. Tell us a little
bit about what distinguishes Austrian economics from that. Well. It was founded in
Austria by Karl Menger in the nineteenth century and one of his primary students was
Ludwig von Misus, and Ludwig von Mistis applied Menger's method, which is based
onduction and logic and human action rather than on mathematical models and econometric analysis.
Plug in the numbers and see what comes out, or see what you want
to come out. And as a result, you know, the Austrian school
was basically able to develop economic principles about the laws of supply and demand,
marginal utility, those kind of things. Those basic things that you see in
an introductory textbook, and everybody can basically agree on them. But most economists,
which we call the mainstream, they go off, you know, and
use their mathematical models and their econometric analysis to come up with anything they want.
But with Austrian economics you have to stay very close to the logic of
human action. And through that method that Mesis developed, he was able to
develop modern monetary theory. In his very first book, he was able to
critique socialism in the socialist calculation debate and prove that pure socialism was an economic
impossibility. And then, of course his magnum opus Human Action basically laid out
everything about everything from basic economic analysis to things like the business cycle and fiscal
policy and everything else that we want to basically talk about today. He was
the person who put forward all of those great contributions, and that's why we
celebrate him and we try to extend his work and to teach his work here
at the Mesa's Institute. And it's still not you know, I know when
I was in college and I was taking economics and we would get to macroeconomics
and it was like, okay, forget all the the you know, the
real physical world of how your budget work and everything, because if we're the
government and we make that if we make this thing really really big, then
none of those rules apply anymore. And it's like something about this seems really
fishy. This is kind of like saying, if I get a big enough
rock is going to float up into the sky. So yeah, it's uh,
it was like that just doesn't make any sense to me. And you
know, Austrian economics is really, as you point out, it's more focused
on human action, on reality than on this obfuscation, this fiction, that
that this massive det just doesn't matter. But of course that is. It's
not that I think that Kynesy and economics has really been capable of explaining things,
because it hasn't. But it's been a useful crutch for the central planners,
hasn't it. Oh? Absolutely, you know, we we stick with
supply and demand in real world prices for the most part. Knesy economics,
for those who have suffered through it in introductory college courses, God bless you,
is more like an exercise in plumbing, where you have a series of
pipes and valves, and you have leakages and injections and all sorts of plumbing
related problems that seemingly the expert plumber could fix simply by turning a dial or
tightening a pipe or soldering something together. And we all know that the real
world economy in the US alone is made up of three hundred and thirty million
people. The worldwide economy is many billions of people, and they're all doing
their own thing. And the Keynesian approach, the Kynesian macroeconomic approach of turning
a few dials overlooks all of the basic problems, overlooks the negative effects of
taxation, the negative effects of regulation. They just assume that, for example,
regulations will fix problems at a zero cost and the world will be happy
thereafter, when in reality it distorts all sorts of decisions on the part of
entrepreneurs, on the part of input suppliers, on the part of consumers and
labors, and basically just gums up the work it works. And so Austrian
economists try to stay very close to the real world and how it actually works.
And as a result we have a general policy outlook where we want to
have the government have hands off as much as possible in every conceivable situation to
allow the free actions of individuals that respect property right and so forth, that
that's the way to allow people to achieve their potential. And achieving their potential,
they're really serving other people and it's really you know, economics has thought
of is you know, a fierce, cutthroat competition thing, but ninety nine
point nine percent of it is cooperation between employer and employee, between the consumer
and the supplier, between whole giant worldwide webs of networks, of the factors
of production coming together in order to produce the goods that we want to consume.
So it's really much more of the idea that the economy is cooperation and
competition certainly exists. We all compete on the basis of price, whether it's
the price of our products, the price of our labor, the price of
the resources that we own, and so forth. We all have to compete
at that level, and that profit and loss statements that we all have to
measure up to keeps us all, in a sense honest in this game of
competition and cooperation. Yeah, that's a good way of putting it, especially
like your analogy of it's as complicated plumbing thing I think of it. Maybe
they should call it the Rube Goldberg school of economics. Another complicated bag on
the side. Oh this didn't work. Okay, let's add this other complication
to it. As highly analytical, as highly complicated, it doesn't really work
very well. I've always thought of this as I've always thought of the free
market as versus canesy and economics as a neural net distributed system versus a centralized
computer. It just seems to me that you know, even if they think
that they are the smartest person in the room, there's no way that they've
got sufficient information to be able to do that. That's the the you know,
the invisible hand and the open market where everybody is is interacting with each
other, and that's the one thing that they haven't been able to grasp.
When we look at the central bank, digital currency and the you know,
the surveillance aspect and the control aspect of that that they're trying to impose on
us. To me, it seems like, again because it's ultimately authoritarian.
It isn't like they're going to look at this and say, well, you
know, what be the most efficient way for us to do this, or
that you know, now we got more information about what everybody is doing.
I think it is simply more of a ham fisted, authoritarian, centralized approach.
It's not really going to be leveraging a technology to even get a better
view of what is happening so they can run the system. They just want
to run the system whatever happens, and they want to make this to run
to their advantage. I think is really what we're looking at. What do
you what do you think about this? Coming central bank digital currency. The
efforts to do that, you know, is are we going into a more
centralized control approach and economics? Are they going? You know, certainly that's
what the politicians want. Oh yeah, the central bank digital currency. The
only positive is that it's positive for central banks and positive for the government to
oversee and be able to check on everything we do. There's no positive economic
benefits to having that type of system. If they really wanted to have a
close to ideal monetary system where they didn't need monetary policy at all, where
they didn't need the vast bureaucracy thousands of econometricians and tens of thousands of bureaucrats
to manage the system, then they would go back to a gold standard that
we were established with this country and silver money and things of that nature.
That is the ideal monetary system for human economy and the idea that you know,
well, you can have digital currency, you can have digital money,
but there's no benefit that they can describe that isn't just solely a benefit to
the central bank in the government itself and I you know, and it would
be terrible for the economy. It would hurt a lot of people. There's
means going around on social media of all the harms it would do to certain
groups in particular, as is typical with policy, it would hurt the most
disadvantage groups in society, from the paupers and the poor people, the beggars,
the people who live hand the mouthed, the people who don't have bank
accounts. What are those people supposed to make of this central bank digital currency
that are completely shut out all sorts of transactions that we make on well,
in the fringes of society, to you know, the streets of Manhattan.
Cash transactions are absolutely necessary and required. It's really the only way to conduct
business of any sort for those particular groups. And of course it helps large
corporations. That helps the government, it helps the taxing authorities, it helps
the central bank. I think they're probably going to allure those people I see.
I think they're probably gonna lure those people in with lure of welfare payments
and healthcare things, because that's what they've already done in India. You know,
take the number and you get this stuff. Because it's all about dependency,
you know, and they can you know, that really is a key
way that they want to pull people in I think they'll use that dependency to
rope in the poorest people and to get them to take the id to take
the central bank digital currency. I think that's you're right. They're going to
victimize them. They'll be the first ones inside the open air prison, being
surveiled and controlled with everything. You know. They could make the argument that
hey, we'll be able to we'll be able to have more visibility about the
metrics of the economy and we'll be able to fine tune it and do that
better. They may make that case, but that's not why they're doing it.
They're just doing it for simply for control, right, Yes, And
I anticipate that they're going to cause some crash of the system where people are
going to lose access to their money and lose access to their accounts and won't
be able to transfer money, and whether or not the government can solve it
immediately with central bank digital currentencies, they will implement a central bank digital currency,
or they will attempt to implement a central bank digital currency as a consequence
of them crashing the system in some way. And we're already seeing little hints
of this where transactions between banks and settlements between banks are getting gummed up at
various points in the system, and I think that a comprehensive crash of the
system would, you know, would scare people into accepting this idea of a
central bank digital currency. And that's something that they could pull off really at
any time. And even if they didn't do that of their own volition,
of course, we are talking about government and they, you know, have
screwed up everything else, and so they can certainly manage to do something like
that as well. I agree absolutely by accident, yeah, I agree.
I got to comment here from guard Goldsmith as a liberty conspiracy and he says,
when I was teaching Austrian economics here in New Hampshire, it was great
to see how many students got it and then continued their education by watching mesa's
media and getting mesa's institute documents. That's good, and of course I want
to talk about that as well. And I want to talk about your book,
which is available for free right at themeses dot org. Of course people
can also get an audiobook. There's a fee for the audiobook, but you
have it in various pdf and ebook and things like that for free. And
I want to talk about how that really seems to be folding into another big
problem that's come into the economy. But before we get into that, Guard
also commented about Lugwig and he says, Theses almost didn't make it out of
Nazi territory. He and his wife were trying to make it to France,
I believe, and almost we're arrested by the ss. Richard Eveling did great
work in the nineteen nineties and saving a lot of his work that the Soviets
had stolen at the close of World War II. Amazing stories related to his
work in life and his economics. That's interesting, you know, I wonder
why these centrally controlled economies like the Nazi Germany and the Soviet Union would want
to have his works, except perhaps to destroy them. Right. Yes,
When the Nazis invaded Austria, one of the first things they did was sent
a crack troop of intelligence officers to Mesis's apartment to get him and his papers
and forth. But he had already left the country. They took his papers,
they took his furniture and everything and brought it back to an intelligence lab
in Germany. And we thought the papers were lost, but Richard Albilien and
others found the papers in an intelligence warehouse in the Soviet Union. So when
the Soviet Union invaded German they took all of Mesis's materials, thinking because Mesus
had discovered that pure socialism, which both the Nazis and the Kami's both advocate,
you know, socialists. Yeah, the Nazis were the national socialists,
that's right. Yeah, so they both wanted this complete totalitarian socialism. Mesas
said, no, that's impossible. You have to have property rights, you
have to have prices, you have to have money, you know, wage
rates and all those kind of things determined in marketplaces. And so the Nazis
thought that Mesus had held back some secret of how you solve the problem of
socialism, and then the Russians the Soviets also thought that Mesis had hidden that
problem. And of course there was no solution. Mesis didn't have the solution
to socialism except to get rid of it, to abandoned it. And of
course the world has seen not only was Mesis right about the fallibility of any
kind of socialism, but they've also seen that throwing off the socialist yoke in
Eastern Europe and the former Soviet Union, and to a large extent in communist
China. Once they once you throw off this yoke of complete totalitarian socialism,
production starts happening. People are better off, people live longer, people are
happier, you know, and all of these things that Mesis predicted about the
economic system came true. And you know, and we could do that here
in the United States. You can do that anywhere in the world. Just
reduce the amount of socialism and government in your economy and you'll get the benefits
of the free market economy. Yes, yes, And of course this isn't
the theory. We've had massive experiments to prove it. Just take a look
at East versus West Germany or North versus South Korea. The same people,
you know, exactly identical. And what you do is you cut the country
in half and you have half of them living under a centrally planned economy.
The other half have a freer economy, if not a very free economy.
See the same thing with communist China versus Hong Kong. And of course Milton
Friedman did a long series Free to Choose, where he spent a lot of
time talking about Hong Kong and how things at that time were very free in
Hong Kong. So we've had the experience and we know exactly what this looks
like over and over again. If you had a satellite picture. I've seen
this over and over again, satellite picture of South Korea at night and it's
all lit up. In North Korea, it's all dark because there's nothing there,
and they just completely destroy everything with their economic system. There was something
that was a trying I think I can't remember the name of it, and
trying to think of the name of it as we started the interview here came
to mind the economic theory that's being put out by the Biden administration these other
people. That was really kind of the basis of their so called Inflation Reduction
Act. There was a woman who came up with this and and she kind
of rejected the technical aspects of of of kingesy and economics. She kind of
simplified it and and everything. But it's still just an excuse for the government
to do whatever they wish. Maybe you remember the name of it. I
can't remember what else. Modern monetary theory. That is modern monetary theory I
MMT and I used always call it the the the magic money tree. You
know, that's what it early stands for, is yeah, modern monetary theory.
Yeah, that's a little bit about it. Yeah, that's a long
established fable that goes back for centuries really, and it is the basis really
of our monetary policy. The idea that you can print up pieces of paper
to create economic prosperity. That you can take ink and paper that are very
well and good and productive, put them together in the form of a dollar
bill or a million dollar bill or a trillion dollar bill, and somehow or
another that's going to create more resources. It's going to create more workers,
it's going to create more energy, and more productivity and more products, goods,
and services. It's always been thought of as a fable by economists,
except now that we get to more recent times where economists are so unhinged from
reality that they believe, well, maybe this does have something to it.
Maybe we can just print up money and put unemployed resources to work. And
so modern monetary theory basically sets that you can borrow, you can print,
and you can spend to keep the economy on an upward and always upward trajection.
That any shortfall from full employment, any shortfall of GDP growth from trend
you can just make up by borrowing and printing money and then having the government
spend it. But actually, you know, right now, I think is
a good case in point, because right now the government statistics tell us that
GDP is growing at a fairly brisk pace. And yet when you look around
the country, and I'm sure many people in your audience right now are suffering
from inflation and lower rages and things of that nature. Why all the economics
suffering in an economy that's growing at a brisk pace. Well, the problem
is is that they've been printing up money. They've been borrowing money, and
the government has been spending it on programs and subsidies that don't make sense in
the family budget. Okay, it's not food, clothing, shelter, electricity
that they're producing. They're actually doing things that actually undermine the production of food,
clothing, shelter and so on. And so that disconnect of economists and
the implementation of that disconnect, that modern monetary theory disconnect, we're seeing that
in real life today. Yes, the government is borrowing, the government is
spending, the government is printing up money to pay for the whole thing.
But what happens in the real world, is that we're not getting the things
that we actually need. We're just getting entries in national statistical accounts that don't
put bread on the table. Yes, yes, yeah. The the we've
never had a more centrally planned economy where they're planning to shut down our energy
infrastructure, change all of our transportation system, and they don't have anything that
works to take its place. It's all just rewarding their friends. And when
I look at this modern monetary theory, like you point out, it's just
taxes and printing money. And you can't replace applying demand with taxes and printing.
But that seems to be what they think they can do. And you
look at the the the inflation reduction taxi or whatever they called it. Inf
you know, they they decided that, you know, they give all this
when they print this money up, they give it to their friends, and
there are things to get out of control. They raise taxes on their enemies.
You know. It's really kind of the way this thing works and practice,
and so just another excuse again for what it is that they want to
do, you know, and so they use it as kind of they use
these economic theories. It's kind of their court gestures to do whatever they want.
But if we get back to the real world, you know, when
we look at Austrian economics, it looks, you know, in the real
world, it's got to follow the same examples that you have if you're running
a business or you're running a household or something like that. And so with
that in mind, let's talk about your book twenty eighteen, The Skyscraper Curse,
and how Austrian economists predicted every major economic crisis of the last century.
Now that's pretty large, but you know, we've got this developing commercial real
estate problem that seems to have been kicked off by the lockdown and people working
from home and the vacancy rates and everything, and even in a booming area
like Shanghai. Because the Chinese communists wanted to show their power, I think
was perhaps their motivation. I'm kind of reading into what their motivation is,
but it seemed to me like it was a power play, kind of like
Mao's Cultural Revolution, the Great Leap Forward. He decided that he was going
to lock down Shanghai and show his authority there because maybe they're getting a little
bit too much freedom and a little bit too much independence and now you see
there and in Guangzho and so many other places that were bustling and unbelievably crowded
while I was there. Now they're ghost towns that are happening. And there's
a concern that, you know, even though it's not at the same dire
straits that Shanghai is in, New York City's got vacancy rates of about forty
percent, and you've got a lot of people are holding these high interest rates
that are variable, that are just collapsing and turning them back in. How
does that current phenomenon, how does that fall back into what you were talking
about back in twenty eighteen, Well, the skyscraper curse is just really an
illustration of the Austrian business cycle theory, And the Austrian business cycle theory turns
on artificially low interest rates that artificially low interest rates now cause entrepreneurs to make
bad investments, investments that won't pay off in the future when interest rates rise.
And so, of course we had more than a dozen years of artificially
low interest rates because of quantitative easing, because of zero interest rate policy,
all sorts of Fed mechanisms to reduce interest rates to spur on the economy.
They wanted to turn the dial down in order to increase investment and increase employment
during a slow time in the economy. But of course it was slow because
of the housing bubble, the previous housing bubble, and things started to look
really bad. After I published my book in twenty eighteen and twenty nine,
the economy was going down the tubes, and it was essentially saved by COVID
and the COVID rescue package, which sent interest rates back down to zero,
and the FED soaked up trillions of dollars of government bonds and mortgage securities.
So for those couple of years, you could borrow money essentially worldwide at almost
no interest at all. And so we had a big boom of additional spending,
investment spending, and commercial real estate on top of all of the real
estate that had been built over the previous decade. And so we have a
massive overhang of real estate, commercial real estate, office buildings, houses,
you name it, we over built it. And now that inflation has forced
the Fed's hand and forced them to raise interest rates to try to squelch the
price inflation that they in effect caused. Now we're seeing the initial signs of
breakage in commercial real estate. Skyscrapers big and small are failing, they're going
into bankruptcy. They're being resold at a small fraction of what they originally cost
to build, or what they might have been sold for a few years ago.
Now they're selling for pennies on the dollar or quarters on the dollar.
And I expect to see much more of that going forward, with the Fed
holding interest rates higher and possibly inflation remaining much higher, much longer than anyone
in Washington d C. Cares to admit. Yeah, that's an interesting way
to look at it. And I thought about it as you were talking about
I never really you know, we talked about the stimulus checks. You know
that they tried to appease people that they locked down and put out of business
and put out of work. Well, here's your little stimulus check. But
they wrote a really big, gigantic stimulus check to all the big guys,
the big players, the big banks and Wall Street people and everything. Gave
them a massive stimulus check to keep this thing going. And it seems like
the first bubble when they created the real estate bubble, the residential real estate
bubble, low interest rates, they kept them down for a very long time.
You look at that, at one point, the Federal Reserve just starts
raising it, you know, like every month or whatever quarter of a percent,
you know, twenty five basis points. And then they just went until
everything popped and they crashed, and then they started doing the same thing again,
but even bigger. And then, as you point out, you got
the stimulus check that's written with a low zero interest rates to all the these
bankers and businesses and anything as part of COVID, and then they start the
whole cycle has been started all over again since the real estate market crash,
as you point out, with all the uh, the the the quantity of
easing as well as interest rates and everything, they created it and did it
even bigger this time. And then they started when they won, when it
came time for them to burst it, they started jumping it about three or
four times as much as they did the first time and created massive disruption with
this. So as you're looking at this year, you're thinking that we're going
to continue on with inflation quite some time. Do you think it's going to
go into a hyper inflation type of scenario like we've seen in Argentina or Venezuela
or some other place in Zimbabwe or something. Are we going to go into
really really high hyperinflation? How do you see this? Well, I mean,
I'm worried about that because it's not just real estate that's been borrowing money,
but the federal government has been borrowing, you know, trillions of dollars
of new money, trillions of dollars rolling over of the national debt. And
remember they were borrowing, you know, ten year government bonds for less than
two percent. Many governments around the world were borrowing money at less than two
percent for ten years. And now they're having to start rolling over that stuff.
And so interest payments on government debt is rising because everybody's upside down on
their portfolios. And as a consequence, the interest payments on the national debt
have risen very sharply, from a half a trillion to near a trillion dollars
now in a very short period of time. And we're adding a trillion dollars
of national debt it seems like every few months, and you know, we're
on pace to be borrowing trillions more over the next fiscal year with that interest
payment on national debt increasing over time, and so and the fed itself is
upside down on its portfolio. So it is losing money now for the very
first time. It's it's lost one hundred billion dollars in the last year.
It's probably projected to be losing two hundred billion dollars, and that's added into
the government's debt, and so everything is going in the wrong direction. And
the only thing that has continued to hold up is well, the seven technology
companies in the S and P five hundred. If you take them out,
the stock market is either flat or falling and has been if not for those
seven giant tech companies, you know. So that's that's that's just not a
good sign. And the other thing that's been holding up is the US dollar.
The value of the US dollar has been holding up, and it's precisely
because all of the other currencies in the world are so weak that people are
sending more and more of their money to be invested in the United States as
the least worst currency in the world. So that's been holding up. But
once that starts deteriorating, and that starts fueling oil prices directly, for example,
yes, I mean we're on the path to hyperinflation. We're early enough
now that we could do something about it. But you know, there's no
stomach in Washington, d C. To make the kinds of changes Slashing government
spending, cutting taxes on workers and investors, rolling out or rolling under vast
swaths of government bureaucracy, returning those resources to the productive side of the economy.
That's what we really need, and there's no stomach in Washington, d
C. For that. There's no stomach for reducing welfare payments and curbing entitlement
programs. All of those things seem to be off the table generally, and
those are exactly the types of things that need to be on the table immediately
so that we can get off the road not only to hyperinflation, but of
course hyperinflation is just one step short of the road to totalitarianism and dictatorship.
So this this, you know, it's not just that prices go up and
everybody has more money in their pockets and so forth. This is the road
ultimately to the destruction of the economy and the destruction of the American way of
life, I agree, and the takeover by totalitarian government. We're all,
you know, everybody recognizes that that's the direction we've been going with the COVID
lockdowns and so forth. That's the direction that our politicians have us in the
direction of I agree, yeah, they want us on the road to serve
them because there'll be the feudal overlords they're going to be running this. I
mean, you know, we look at this like, no, we don't
want to go to the roads, but they do. And that's one of
the reasons why I think this appears to be really kind of a deliberate takedown.
You know, I think it was last week. I think they didn't
hit the trillion dollars in terms of just the interest payment on the debt.
I think I reported that last week it did hit finally trillion dollars because I
was like, wow, it's amazing. But as you point out, they
keep going further and further into debt and the interest rates keep going higher,
so of course that's going to happen. And the famous saying the Road to
Serfdom was actually the famous book by fa Hyak, who was a student of
Ludwig von Mesis, and Mesus and Hayak both wrote books in nineteen forty four.
Hayak wrote The Road to Serfdom. Mesis wrote the book bureaucracy where you
know, an omnipotent government as well, Mesis wrote, And they were warning
us that the tendency in American government that far ago was that we were going
in this direction where we just felt good about having more government programs, but
ultimately you would get to a point where the people no longer had control over
their own very government. That's right, Yeah, that's the path that it
always takes. You know, when you talked about the fact that the dollar
is doing well because we have the least worst of the central banks, it
reminds me of you know, we've got I think it's this weekend there's going
to be the election in Argentina with Javier Malai, who is a free market
economist. I don't know if you know him or if he's connected with you,
but that's one of the things he was saying. We got to get
rid of the Argentine I think it's peso and we've got to replace it with
the US dollary. He says, I think all central banks are awful,
but he said exactly the same thing. He said, you know, they're
they're not as bad as our central bank. What do you do you know
anything about Javier Malai and what is happening there. Has there been any correspondence
with the Mesa's Institute in him. Well, he's not affiliated with us at
this point, but we've written about him on our web page several times and
we're following him very carefully. He considers himself an Austrian School economist and a
student of Murray Rothbard, who was really the great modern Austrian economist and our
first vice president for academic affairs. So he's very much in our camp.
He's very obviously intelligent person and he's got the right instincts with respect to policy,
and he doesn't want to make the US dollar the currency of Argentina.
That's just a transition policy away from their hyperinflationary tendencies down in argent Argentina.
They've tried these kind of measures in the past and ultimately they've come back to
fail, and that's why he views dollarization as a temporary transition policy back to
a sound monetary system of gold and silver, where everybody out there in the
economy their money is gold and silver coins, something the central bank can't do
anything about, something the government can't do anything about. If we hold money
that has an intrinsic value and cannot be printed at the whim of a central
banker or at the whim of some economist or a politician. Yeah, so
he's definitely from the Austrian school. We have very high hopes that he'll do
well and he'll be able to implement a lot of his reforms. But basically
he wants to cut a lot of government spending down there. I mean,
they have a bloaded government sector down there, which forces the current government to
print money to pay for it. If you cut the government sector significantly enough
and you open up the free market economy, then you simply don't need the
printing press, and sound money is really a prerequisite for sound government. That's
a point that mesis Mate made a long time ago, is that he was
considered a medallist because he believed in gold and silver coins in the hands of
individuals as the most significant guardian of the pre market society that prevented government from
in effect taxing the population through the printing press. Yes, and so,
and of course that east luck, that's right. You know, the American
founders experienced that. That's why they say, you know, it's going to
be gold and silver and it's going to be minded. But because they'd lived
through a continental dollar that was just a worthless piece of paper, worthless than
a you know, not worth a continental and so they wanted the same type
of thing he's living through one hundred and fifty percent inflation. It was interesting.
I found a book that was done by Axel actual Kaiser called street Economics,
very much like what you're talking about that Misus did, taking practical examples
out of everyday life and saying, you know, this is how the world
works, and this is why we need to organize ourselves this way economically and
so forth, as opposed to you know, the Keynesian abstraction and saying,
you know, no, everything works differently when the government is doing it.
That's become a very very popular book in South America. He knows Javier Malay
and he just recently got it translated into English. But yeah, it is
interesting to see, you know, whether they're going to come back to their
senses or not. It seems like the biggest obstacle to him coming back is
they're trying to throw Taylor Swift against him. I mean, she's got a
big popular following there and right before they're going to have the election. She's
going to be there for the opening concert, and she and the lefties that
are following her are already starting to make noise about Javier Malay. So we'll
see if he can beat Taylor Swift and all this those But let's get back
to your book here. The Skyscraper Curs. That's an interesting title. Explain
to us what that means. Well, it's just that there's a long history
dating back about one hundred and fifty years now where whenever a world record setting
skyscraper is built and completed, right in the aftermath of that is a world
economic crisis. And so what this tells us is that when central banks go
through long concerted efforts to artificially lower interest rates for a very long time,
that eventually somebody comes up with the idea that they're going to build a record
setting skyscraper. It's very difficult technologically, not just the money, but every
time you build taller, you've got to come up with completely different and new
ways of building a building. Designing a building, all of the elevators and
the water system, sewage, air conditioning, everything about it has to change
a little bit in order to make a record possible, and so you can
go back into the nineteenth century and every time you see these low interest rate
periods, a record setting skyscraper and then a big economic crisis. And so
the skyscraper is really just an illustration of what's going on throughout the economy.
Everybody's you know, with the new interest these new low interest rates, everybody
is implementing new technologies, stuff that is future related technologies. When we're seeing
that today with artificial intelligence, for example, that probably wouldn't have come about
for several years. But because Google and some of these other companies have just
tons of money sitting around, they were able to finance those kind of research
efforts and bring them online before their time. But the skyscraper, again is
just an illustration of what goes on in the economy, except for maybe mom
and pop grocery stores and restaurants, where everybody's adapt adopting new technologies before their
time. They're changing their structure of production that's not really in sync with the
true interest of consumers. And as a consequence, once interest rates start to
rise, all of these investments, all of these investments in technology and future
tech anology really break and it brings the economy into an economic crisis. I'm
all, you know, I'm all for technology, and I love futuristic things,
but if we do it as a society, we're barking up the wrong
tree, essentially. And the skyscraper is just a really good illustration of how
that takes place when we can't really see it in our everyday lives. And
I explain how this works using some simple examples for people to understand, and
also examples of how the economy develops naturally in terms of implementing new technologies and
new production techniques and new structures of production in the economy. So there's a
natural way to do this, and there's an artificial way to do this,
and the artificial way leads to economic crisis. That's interesting. That's very interesting.
As you're talking about this and thinking how the you know, they as
they build these skyscrapers and they're pushing everything to all new level, going to
do this in a way that's never been done before. I'm thinking maybe it's
a tower babble curse that's that's going on there. Or the Titanic. Right,
wait, we got this new uh, this new ship and it's unsinkable
and because at the heart of it is really kind of a lot of pride
that goes before these falls, but it is it is interesting to see that
happening as a phenomenon. And as you're talking about this a skyscraper curse,
you know, one of the things in the commercial real estate uh as,
as it's starting to become a real issue, they have these things called mezzanine
loans. Maybe you know what it is, but I'd never seen that before.
For the people who aren't in the business, they said, you know,
it's it's called a mezzanine loan because people do this high risk loan because
they're not the they're not at the top of the capital stack, and so
they're further down if things if the skyscraper gets cursed and it collapses, there
are a few floors down and they don't get paid right away, and so
it's much riskier and they get a higher loan in it. But there after
the two thousand and eight crash, the government prohibited that for the big banks
that they bailed out. They said, because it's riskier, so you're going
to do safer things, they said, But that's another level of risk that
these small and medium sized banks assumed in the interim, which is going to
be another thing that is going to wipe them out, perhaps because now these
mezzanine loans are really you know, they're collapsing left and right. Yeah,
I mean, the idea that the government bureaucrats can regulate financing of investments is
just ludicrous, you know. And they themselves opened up this opportunity by not
allowing certain banks to be involved and then yet making funds available in the economy
for one or two percent. So naturally somebody is going to come along.
Somebody is going to be willing to borrow money at two percent in order to
lend it. Making these mezzanine loans for financing large construction projects and earning ten
or twelve percent. Somebody, somebody's going to do that, even though they
don't Yeah, they don't. Yeah, that's right. They take the bait,
even though they don't have collateral in the building, and even though it's
maybe not as long a term loan as the initial investors, the people who
are covered with the collateral and so forth. You know, somebody is going
to be willing to take that bait. And uh, you know, and
I don't know what the overall figure is but of course, the the market
as a whole with commercial real estate is trillions of dollars and we're starting to
see the cracks in those markets, you know, where projects are failing,
right, and it's going to affect everybody's because it's going to it's going to
be a massive curse for the entire banking industry and that is going to filter
ound and affect everybody. Absolutely is. It's been great talking to you.
Thank you for coming on. Mark Thornton and he is a senior fellow at
the Mesas Institute. You can find his book that we've been talking about.
There's a lot in there. You can see that for free as a PDF
or an ebook. They have an audiobook that they do sell, but you
can find other information very use full information at mess dot org, m I
sees dot org. Thank you so much for joining us, sir, Thank
you David. It's my pleasure. Thank you, and thank you everyone for
joining us. And thank you Dougal log I appreciate the tip. Thank you
very much. Have a good day, everybody. The common Man they created
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