WEBVTT

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Using free speech to free minds.
You're listening to the David Night Show.

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As a clock strikes thirteen, it's
Thursday, the sixteenth of November. You're

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of our Lord twenty twenty three.
Well, today we're going to jump right

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into some controversies from yesterday. We
have a big back and forth about Elon

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Musk and how anti Semitici is.
Matt Drudge is full on board with this.

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It is kind of interesting. And
then of course there's also Nikki Haley

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neo khan Nuki. Perhaps she's finally
stepped in it. Maybe finally people will

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see what she really is about and
what the danger of her idea of getting

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rid of anonymity on the web really
is about. She is a full on,

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full on detalitarian. We'll be right
back. We're also going to be

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joined later in the program. Tony
Ardovin is going to be joining us.

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We'll be talking about the economy,
what is happening in the stock market,

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how they manipulating every single metric.
This we always knew they were going to

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do this. Gerald Clinty's been talking
about this for quite some time. They're

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going to lower the interest rates.
They had to come up with an excuse

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to lower the interest rates, and
of course they really pumped up the stock

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market. Is it really valid what
they're doing anyway, we'll talk about that

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with Tony. We also have coming
up in the third hour, we'll be

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talking to Mark Thornton, Senior Fellow
at the Mises Institute, and we'll be

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talking to him about what they do, but especially about a book that he

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wrote a few years ago, kind
of looking at the commercial real estate crash

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back in two thousand and eight,
taking that apart, because that is now

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part of the leading edge of what
I think may turn into our economic crash

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coming up. So we'll be talking
to him about that as well. But

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let's begin with the the non controversial
stuff, back and forth, race baiting,

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hatred, Israel versus Palestine, Jew
versus BLM, all the rest of

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the stuff. Let's just jump right
into all that. I mean, anyway,

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we do politics and we do religion
here, so let's just jump into

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all the back and forth racism charges
that are happening. And you've got Matt

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Drudge who yesterday had this at the
top. He's got a picture of a

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sea of Orthodox Jews there and he
says Musk says Jews are getting what they

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deserve, and then he changed it
to this this morning musk the world's richest

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bigot, another Twitter firestorm against the
Jews. Well, it is kind of

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interesting, isn't it that, you
know, when he uses this picture of

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you know, Passidic Jews, and
they're the ones, really, the ultra

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Orthodox Jews are the ones who are
not really supporting what is going on with

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the Israeli government. I showed you
the picture of a few I guess a

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week or two ago, of the
Orthodox Jews or I don't know labels here

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ultra Orthodox the city. Quite I
apologize I have I don't have all my

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labels down and all the different denominations
of you know, Judaism. But you

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had these guys who look like that, who typically don't like what is happening

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with the Israeli secular government. I
don't join to fight the military. And

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I showed the picture of these guys
being in the sneak attack that was done

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on them by the thug cop that
was there, you know, like he's

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going to be walking past this one
guy, and then last minute he sweeps

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his arm around and puts his leg
behind him and slams him backwards down on

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the concrete. I mean he could
have killed him with the head. I

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mean we see that all the time
and places like New York where people get

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sucker punched because the color of their
skin and hit the ground, crack their

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skull, kill them. And then
he started coming after this other guy,

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but there was a guy behind him
with a camera and that kind of backed

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him off. So you know,
there's there's it's not this monolithic thing.

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Like I said, there's a lot
of different strains of Judaism. There's religious

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Judaism, there's political Judaism. There's
the people that are involved there and what

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he's criticizing. You still got the
picture of that. Okay, let's get

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the video of that. Let's let's
play that. Someone says he's got it.

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Yeah, here we go. Okay, who's the Jew here? Oh?

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Okay? These are the guys that
that we're protesting the government, And

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of course Drudge puts their picture up
to say that Musk is anti Semitic.

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So is that Israeli copy any Semitic? Then he's doing a lot more to

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these people than Elon must did.
Yeah, okay, so that's your task

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in this video point out who the
anti Semite is okay, it's not anti

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Semitic to criticize the government. I'm
not called anti French when I criticized Macron.

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I'm not called anti Canadian when I
criticized Trudeau, or anti British when

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I criticized Bojo or whatever, on
and on and on. These people are

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in a public arena, and that
they can't handle the criticism, then get

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out. Politics is different, and
I try to criticize these people over their

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policies and over their actions and not
over who they are even whoever I'm talking

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about, and so that's a very
different thing. But it's the people like

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the ad L and the Southern Povery
Law Center that have said no, they're

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the same thing. A lot of
Jews don't agree with that, and I

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think Jews need to understand that the
ADL and the Southern Poverty Law Center and

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institutions of that ILK are the Jewish
ku klux Klan and they need to disavow

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them. You know, they were
the ones who, as people were putting

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up signs six years ago on campuses
saying it's okay to be white, and

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that was a very effective campaign because
it showed their bigotry, didn't it.

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It's not okay to be white.
Take those things down. And ADL and

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Southern Primary Law Center chimed right in
started accusing these people of being KKK.

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It's like, no, you are
the KKK. I said. For the

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longest time, over a decade ago, I was doing reports about SPLC,

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so called Southern Poverty Law Center,
and I showed these guys. I said,

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they're nothing but a bunch of hate
pimps. They go around and they

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find people that they hate and accuse
them of being hateful. And now we

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see that with hate speech and hate
crimes and hate this and censorship on the

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internet and all the rest of stuff. I'm done with all of that stuff.

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And that's what these people were saying. We're done with all this stuff.

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Stop playing the games. It's come
back. You've been hoisted by your

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own petard now because the radicals that
you have created. Like I said yesterday,

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same thing I said yesterday. So
I looked at that, and I

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looked at what the tweet was that
he retweeted what must retweeted, and I

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said, well, okay, that's
essentially what I said yesterday during the program.

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And it's very much like I said
yesterday, I've seen anybody else Compare

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the ADL and Jonathan Greenblatt to Robosphere
and the French Revolution. But those Marxist,

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that leftist revolution. You organize this
mob to hate a particular group,

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an economic class in that particular instance, and then the mob turned on him.

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And that's essentially what has happened to
the ADL and the SPLC. And

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if the Jews at large don't distance
themselves from the ad L and the Southern

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Poverty Law Center, then basically it's
going to continue to metastasize. You got

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to understand that, just like the
ku Klux Klan, the ad L and

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the Southern Pomary Law Center are a
cancer, and you know you got to

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got to cut that off. It's
like being a bit by a snake,

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poisonous snake. Remember that in the
remake of a True Grit, she gets

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the heroine, the center of the
story, gets bit on the hand by

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a snake and they rush her and
she almost dies by they amputat her army.

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You see her later at the very
end of the movie, see her

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later in life with just one arm
spoiler alert. So I said that first,

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but you know that still can't happen. Just before we left Texas,

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I sold my piano to someone and
she came by and she said, you

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know, it's just a It wasn't. Just about a month ago, I

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got bit by a rattlesnake. I
was not doing gardening, and you know,

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there's one last thing that I wanted
to reach out to get. I

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didn't see the snake behind the you
know they're in the bushes, and it

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reached out and struck me. So
she said, fortunately I was able to

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kill it, take a picture of
it, and then go to the hospital.

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Said that's a rattlesnake. You need
to go to a poison control center,

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and fortunately there was one nearby.
They had anti venom. They started

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giving her the anti venom, but
she said she showed pictures of her arm

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and it swelled up like popeyes,
you know arm. And the doctor kept

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coming in with a magic marker,
and you know, he would make a

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mark on her arm as to where
the swelling had stopped and put a time

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there and as the and then he
would come back later on and do another

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one. They kept coming up and
coming up and coming up for arm,

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and he was doing that to see
what was going to happen with it.

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If it's going to keep going up
to a certain point, he was going

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to have to take that arm off, just like in true Grit. Fortunately

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he didn't. Unfortunately the Andy venom
kicked in and it started subsiding and going

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down the arm again. But that's
what the Jonathan Green Black Green Blat and

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the snakes like him have bit the
arm of the Jewish people in America,

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and you better cut them off because
they are poison. They really are distancing

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yourself from them, just like we
as white people, Southerners ought to distance

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ourselves from the k klux Klan.
I have nothing to do with those people.

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I reject everything they've done. You
know, they have co opted the

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Cross of Christ. They co opted
the Confederate flag. You know, the

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Confederate flag. Ku Kluxkan is not
what the Confederate flag stands for, just

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like the cross is not what they
stand for either. Nikki Haley is confused

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about all those things, and we'll
talk about her coming up. She doesn't

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know or care anything about American history, especially anonymity, and she rejects the

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constitutions. She thinks that she's running
for dictator. What she has to say,

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I'd be the disqualification the end of
her run if anybody. But of

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course it's not because she's giving big
business and the military industrial complex and will

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give them everything that they want.
But we'll get to her. Let's talk

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about Elon Musk and what was said. So the original post said this Jewish

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communities have been pushing the exact kind
of dielectrical dialectical, electrical dialectical hatred against

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twites that they claim to want people
to stop using against them. That's exactly

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what I said yesterday. You know, I broadened it out a little bit

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by talking about the French Revolution.
How you start these radical people and you

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start a mob, that mob can
eventually come for you. And I said

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from the very beginning, from the
very beginning, day one, and of

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course has happened on a Saturday.
I was gone that Monday, so first

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time I talked about it was Tuesday. By that time, it was very

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clear that you had all these radical
leftists and BLM, the people that the

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ADL and Southern Poverty Law Center had
been weaponizing as their little army, and

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of course the liberal Democrats, and
that these people were turning on Jewish people,

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attributing to them the faults of their
own government, you know, that

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were yet to come really, you
know, but things that they had done

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in the past, things that were
being talked about doing. And so they

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were coming after the Jewish people because
they didn't like what the nation of Israel,

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the political Israel, had been doing. And I said, you understand

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why they're coming after them. They're
calling them colonizers and the rest of this

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stuff they're attributing them and projecting onto
them, the same stuff that they've been

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taught in these elite universities and the
same stuff that BLM has been doing.

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So immediately turned on them. So
and yesterday as I talked about the fact

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that at MIT they're blocking Jewish students
from going to class, and I said,

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well, MIT has been blocking most
white students and being able to even

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get admitted into these institutions like Harvard
and MIT. You know, they're picking

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people based on the color of their
skin, not the content of their character,

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their merit. That's been going on
my entire life, and I'm fine

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with it because I don't want to
go to an organize. I don't want

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to go to a university like that. I don't have anything to do with

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it, and now that is a
cancer that is spread. Used to be

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that that was just in the elite
Ivy League schools when I was going to

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school, but now that's spread everywhere, and all these teachers are radical Marxists.

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I had a radical Marxist professor I
dropped his class part of the core

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curriculum that had to take it.
You know, it wasn't an issue in

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engineering, but we had to take
some core a curricula. And this guy

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who just had this chip on his
shoulder. Unbelievable. But anyway, the

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person said, I'm deeply disinterested in
giving the tiniest let's just say concern now

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about Western Jewish populations coming to the
disturbing realization that those hordes and minorities that

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support flooding their own country don't exactly
like them too much. And so Musk

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said, you have said the actual
truth. So then you have the Atlantics

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year Rosenberg. And this is being
reported of course by Media Height, and

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media Height and Drudge have been feeding
off of each other. You know,

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MEDII is quoted by Drudge, and
then Mediaite returns a favor and they quote

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Drudge, and you know, they
keep going back and forth and back and

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forth, keep escalating this, and
so the Atlantic Sier Rosenberg I said,

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Musk has aligned himself with anti Semitic
rhetoric. This is literally the conspiracy theory

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espoused by the white supremacist the massacre
the Pittsburgh Tree of Life Synagogue. Well,

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you know, here's the thing.
When you say, well, I

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don't know that that's true or not. I haven't looked at the manifesto from

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these people. Isn't it interesting that
the manifesto from the white supremacist so it's

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put out the manifesto from the transgender
killers being carefully hidden by the FBI in

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the Nashville Police department. You said, that's the part of it as well.

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And the simple fact of the matter
is that you can. You know

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when you look at Ben Shapiro during
the vaccine stuff, as Ben Shapiro was

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pushing the vaccine, he wanted to
demonize anybody who opposed the vaccine. Oh,

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Ben Shapiro is such a clever propagandist
for the establishment, isn't he?

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And so he gets Lewis farr Khan
and Louis fair Khan said everything I was

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saying, we weren't copying each other. We just came to that conclusion independently,

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But he used Louis fair Khan to
demonize people like me Shapiro did,

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and to tell people that they needed
to get the vaccine, which now he's

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distanced himself from because everybody knows what
it is now, and that's the way

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he works. I don't agree with
Louis fair Khan on pretty much anything,

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but he said I don't know that
I ever agreed with him on anything,

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but he was one hundred percent right
about what he said about the vaccine,

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and Ben Shapiro was one hundred percent
wrong. But he used that to demonize

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anybody who would push back against taking
an untested genetic code injection. And that's

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the same thing that Rosenberg is doing
here. Well, you know, they've

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got these crazy people who murdered a
bunch of people, and they said something

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like that. Looked kind of like
what this is? Presumably so it means

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that you're like them. See,
I was like, according to Ben Shapiro,

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I was like Lewis Ferricot, No. No. I hope people can

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start seeing through these tactics that they
use, these controllers like Ben Shapiro,

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like Tucker Carlson, like Alex Jones
that are given to you. I hope

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you can see through this tactic that
they use. You know, if you

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disagree with the politics or the policies
of Bibi, then you are racist,

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you are anti Semitic. That's what
they want us to believe. And so

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as they get into this echo chamber
back and forth between Drudge and media,

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you know, uh again, I
have seen all this stuff. I have

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been called by the ADEL I've been
called racist, I've been called a hate

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bonger. I was singled out and
attacked two weeks into this medical martial law

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because I called it medical martial law. You know, it's obviously this anti

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government conspiracy theorist. Well you better
believe I'm anti government, but it's not

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a theory that they've got a conspiracy. But of course they called me out

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and I'm racist because I disagree with
them politically. So everybody's got to have

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the race card put in their face. And the problem is that besides the

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fact that the ADL's mob has now
turned on them, they have also given

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a pass to real racism because it's
become such a you know, they cried

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wolf for so long about situations where
there's not any racism. It's just anybody

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that they disagree with. Racist,
racist, racist. You've seen this over

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and over again. People go to
one of these protests and these people are

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screaming racism in the street. It's
like, okay, well tell me,

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you know, put the microphone in
their face, tell me why you're saying

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that this is racist or hateful.
And all they'll do is just look at

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them and scream racist, racist,
racist. They won't talk. They have

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nothing to say. It's like when
my wife Karen went to the Planned Parenthood

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place and she's got to sign up
saying, you know, this is black

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genocide. What is happening here,
This is the origins of Planned parents,

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that black genocide. And so that's
the first time we ever saw the anti

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fought people. And this motley crew
of looks like a homeless street people show

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up and they've got a one one
of these guys has got a black sign

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says nothing on it, it's just
a black sign. And he stands there

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in front of my wife and puts
it up, and she goes down,

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and he goes down. She goes
up, he goes up, and they're

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going up and down there. He's
got nothing to say, he just doesn't

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want you to say anything. Perfect
example of censorship. It's like a clown

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to show of censorship, to act
it out, you know, actually acting

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out that I want to redact what
you have to say now, not going

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to let you do it. And
so again it's very interesting that Drudge uses

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the very people, the very Jewish
people who have the most issues with the

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political state of Israel and with Bibi
Netanyahu, uses them as poster children to

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accuse people of racism. And again
the echo chamber of media height after he

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posts that, they come back and
say unvarnished anti semitism quote unquote Elon Musk

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catches all hell for a green with
bigoted tweet. They say, And so

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this is you have a Matthew Iglesias
because meanwhile America is riches man chimes in

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to say that Jews are getting what
we deserve for being liberals. Well,

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your liberal policies will come back to
hit you again. You keep confusing politics

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with your ethnic and cultural identity.
I'm not confused about it. You are,

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and you're trying to gaslight people that
they're the same thing. You can

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be liberal or you can be conservative, and you can be Jewish either way,

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but you're trying to connect the two. You can be Jewish and disagree

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with the Nation of Israel, but
I'm not allowed to disagree with the Nation

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of Israel. I'm not playing those
games. You can call me whatever you

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want to. I'm not going to
be intimidated by you, and nobody should

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be intimidated by these people anymore.
They're a bunch of grifting crooks who profit

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off of hate. And that's the
video that I did eleven years ago.

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I showed pictures of the scumbags that
are running the Southern Powery Law Center,

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and I put underneath that profits of
hate. You know, they're prophesying hate

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everywhere, and they're accusing everybody who
hated everywhere. But it's a p r

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f t s the money that they're
about. It's all about the money,

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and they're offshore bank accounts, so
they've got hundreds of millions of dollars,

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over three hundred million dollars last time
I looked at it about five or six

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years ago. Even the Left accuses
these people of being phony charities and warns

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people about donating to the Southern Poverty
Law Center The ADL. Matthew Iglesias.

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I guess this is not name.
The Adel clearly had Musk all wrong.

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The dude has zero tolerance for anti
Semitism and just wants the world to know

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that Hitler was right about the Jews
because Jews advanced hatred against white No,

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it's the ADL and Southern Poverary Law
Center, and you need to quit aligning

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yourself with this ku klux Klan version
of Judaism. So again, the colonizer

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stuff from day one, that's Marxism, that's BLM, the black lying Marxist

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calling people colonizers. I said,
look, they're you know, doing the

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same thing to them as a matter
of fact, and we'll talk about the

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fact that that's what the left is. That that's the mechanism by which they

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have flipped on these Jewish controllers of
the Marxist mob, because they're now saying,

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well, you guys are privileged,
you guys are colonizers, you guys

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are white. That's exactly what they're
doing right now. It is precisely the

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weapons that they used against us for
political purposes, for their wealth, for

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their organizations, those exact weapons are
now being wielded against them. Arman Domluski

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says Elon must thinks the Jews deserve
what's coming for them because they didn't stand

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up for white people enough. What
a stupid take this is. They didn't

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stand up for white people enough.
They these organizations again, you know,

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they they make the Jews synonymous with
the ADL and with the state of Israel.

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Musk also received praise from white nationalist
Nick Fuentes. Again, this is

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the same kind of stuff that they
did with Lewis ferri Con, that Ben

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Shapiro did. That's their tactic.
You got to be aware of that tactic,

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guilt by association. Well, you
said that the sky is blue,

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and this other guy said the sky
is blue, so therefore you have all

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of the This guy is a hateful
racist, so therefore you are a hateful

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racist because you said the sky is
blue. It's the same thing that Ben

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00:25:33.200 --> 00:25:37.519
Shapiro did. Lewis fay Con was
one hundred percent right. Ben Shapiro was

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zero percent right about the vaccines.
But what he's trying to do with that

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00:25:44.119 --> 00:25:49.119
was to show that if you oppose
Trump's shot, or more importantly, big

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00:25:49.160 --> 00:25:55.400
pharmaceutical shot, then you're as stupid
and as hateful and as ignorant as Lewis

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00:25:55.400 --> 00:26:00.200
fer Khn that's what he was trying
to do. Good luck with that then,

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00:26:00.720 --> 00:26:07.119
So Musk tries to backpedal after backpedal
after you agreeing with an antisemitic tweet,

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00:26:07.160 --> 00:26:11.599
and fails spectacularly. Again, this
is part of the Drudge mediaite,

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00:26:11.680 --> 00:26:17.400
Drudge mediaite, you know, echo
chamber, going back and forth and he

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you know, they they demonized it. They said, he you retweeted from

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somebody who's only got a couple of
thousand followers. Well, you know what,

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00:26:25.640 --> 00:26:29.519
the number of followers that you have
doesn't really make any difference. It

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really doesn't, you know, I
if your shadow band, nobody sees what

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00:26:34.160 --> 00:26:38.319
you're doing anyway. But but it
doesn't really matter having a lot of followers.

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00:26:38.519 --> 00:26:41.799
It's like you're telling somebody telling the
truth or not. It's like having

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a big studio. Right guy worked
for you to spend millions of dollars on

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I mean millions of dollars on massive
video screens and all the rest of the

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00:26:53.559 --> 00:26:59.279
stuff to impress everybody. You know, don't listen to what I'm saying.

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Look at the gilded lily that I'm
selling you. I don't look at all

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00:27:03.000 --> 00:27:07.400
the decorations I've got around me.
Isn't that impressive? You try to look

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00:27:07.440 --> 00:27:12.920
so much like establishment media that maybe
people don't realize that you sound exactly like

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00:27:14.119 --> 00:27:18.200
establishment media. You're mockingbird media,
and that's how you got all this money,

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00:27:18.319 --> 00:27:22.200
right, saying exactly what they want
you to say. So, look,

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00:27:22.319 --> 00:27:26.799
you know, is having a multimillion
dollar studio? Is that something that

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helps or hurts somebody's credibility? You
might want to think about that anyway.

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So they chime in and Mediaite says, yeah, that's right. The guy

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who owns one of the most influential
social media sites in the world publicly agreed

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with tweet declaring that Jews push hatred
against whites while also embracing replacement theory.

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Then he re upped his attacks on
the Anti Defamation League because that's what this

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is about. You see, they
want you to think that any attack on

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the ideal is attack on Jews.
Elon Musk was attacking ADL. I'm attacking

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the ADL. That's a different thing. And he goes on to talk about

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he says the ADL unjustly attacks the
majority of the West, despite the majority

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of the West supporting the Jewish people
in Israel. This is because they cannot,

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by their own tenants criticize the minority
groups who are their primary threat.

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This is not right and it needs
to stop. And he says, yes,

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decolonization quote unquote necessarily implies a Jewish
genocide. Thus it is unacceptable to

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any reasonable person. And I have
to say that to the people. Look,

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00:28:37.559 --> 00:28:44.160
when you criticize the policies of the
Israeli government and you start to say

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they need to be eradicated and they
need to be removed from the land,

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00:28:47.640 --> 00:28:52.759
you understand that the same argument is
going to be used to remove a land

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00:28:52.759 --> 00:28:59.000
from us with reparations and all the
rest of stuff. You guide RFK Junior

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00:28:59.079 --> 00:29:04.519
jumping into reparations and all these other
Democrat politicians. You see, it doesn't

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00:29:04.519 --> 00:29:12.400
matter whether you have had the land
for four hundred years or four fifty,

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00:29:12.519 --> 00:29:15.960
whatever it is, six seventy years, eighty years, whatever, It really

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00:29:15.960 --> 00:29:19.599
doesn't matter. If they want it
back, they'll call you a colonizer to

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steal it from you. If they
want justifications steal it from me, they'll

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00:29:22.000 --> 00:29:27.279
do that. Look, we understand
how are boundaries and nations created. They're

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created by war, They're created by
violence. And so this is what we

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00:29:33.160 --> 00:29:37.599
have, and we can learn to
live within that, or we can decide

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00:29:37.640 --> 00:29:40.319
that we want to redraw all the
boundaries and change the nation and all the

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rest of this stuff, and then
we can go into violence again. It's

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00:29:42.599 --> 00:29:48.759
just that simple. Let's just leave
it the way that it is and let

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us try to exist peacefully with other
people as much as is possible for us.

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That's the key thing. And so
don't fall into that trap of the

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colonizer thing, because that's going to
be used against conservatives as well. You're

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00:30:07.480 --> 00:30:11.920
right that this does not extend all
Jewish communities, but it is also not

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just limited to the ADL, says
Elon Musk. Four minutes later, he

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00:30:15.400 --> 00:30:19.599
went after the ADL again, claiming
that the organization advocates for quote, anti

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white and anti Asian racism. And
he's exactly right. They've advocated for these

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00:30:26.319 --> 00:30:30.640
policies, and so has RFK Junior
of set asidence admissions based on your skin

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00:30:30.720 --> 00:30:33.720
color, your ethnic group, and
all the rest of the stuff at the

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universities and working for the government.
Look again, you know, I'm glad

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00:30:40.599 --> 00:30:44.119
that they did that. I wouldn't
want to be educated by these people,

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and I'm glad the government has all
these rules, because I wouldn't want to

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work for the government that has rules
like that, Like what we were saying

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00:30:51.960 --> 00:30:55.799
about the vaccine mandates. It's like, Okay, well it's bad. You

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00:30:55.839 --> 00:30:57.319
know, you're dependent on this,
this is all your living and everything.

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00:30:57.319 --> 00:31:00.519
But think about your future. Do
you really want to need to work for

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00:31:00.559 --> 00:31:03.119
an organization like this that thinks they
have the right to demand that you take

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00:31:03.680 --> 00:31:10.680
an untested, dangerous shot, they
demand that you take it. Do you

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00:31:10.720 --> 00:31:12.039
really want to continue to work for
an organization like that? And I've talked

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00:31:12.079 --> 00:31:17.480
to so many people who say,
boy, it's really been a blessing to

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00:31:18.279 --> 00:31:21.839
not work for them anymore. Things
have been as good or in many cases

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00:31:22.119 --> 00:31:25.599
much much better, especially the people
who did it to honor God, where

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00:31:25.640 --> 00:31:29.319
God has honored them. I've seen
that story so many times. No longer

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00:31:29.359 --> 00:31:33.599
having to work for some organization that
treats you like their property, but maybe

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00:31:33.599 --> 00:31:38.559
you work for yourself, So the
risk of being repetitive sod elon Musk.

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00:31:38.599 --> 00:31:44.480
I'm deeply offended by Adyl's messaging and
any other groups who pushed de facto anti

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00:31:44.519 --> 00:31:49.240
white racism or anti Asian racism or
racism of any kind. He says,

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00:31:49.279 --> 00:31:56.319
I'm sick of it. Stop it
now. But they won't stop because they've

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00:31:56.319 --> 00:32:00.240
been blindsided by hatred and racism.
It's a very profitable thing for them,

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00:32:00.039 --> 00:32:06.480
and they're going to continue to project
their hatred their racism on other people.

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And so one hundred percent agree with
Elon Musk in this. Uh denver right

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away, the ADL drives anti Semitism. It does not prevent it. It's

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00:32:15.279 --> 00:32:20.079
is its mission and inversion of its
stated mission. Yes, in my opinion,

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00:32:20.119 --> 00:32:21.880
he says, and I agree with
him. I think it is.

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00:32:22.039 --> 00:32:28.240
Now. This is what Victor Davis
Hanson, the historian that said he said

386
00:32:29.319 --> 00:32:32.559
and what he did. He got
into the historical mechanism and he explains in

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00:32:32.640 --> 00:32:37.839
detail why this is. He doesn't
go back to the French Revolution type of

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00:32:37.880 --> 00:32:40.559
thing in Robesperary being caught by this, but he goes back to the Third

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00:32:40.599 --> 00:32:45.720
Reich and the Final Solution and all
the rest of this stuff. And he

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00:32:45.799 --> 00:32:50.680
says, uh, you know,
this is how and why this is all

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00:32:50.720 --> 00:32:54.519
bouncing back on the ADL and the
Southern Poverty Law Center and the Jews that

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00:32:54.599 --> 00:32:59.559
align themselves with these lies and this
racism and this hatred. He said,

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00:32:59.559 --> 00:33:04.279
when the mini satanic paradoxes of the
Third reichs architecture of the Final Solution was

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00:33:04.319 --> 00:33:08.359
a requirement mandated after the nineteen thirty
nine outbreak of the war that Jews anywhere

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00:33:08.440 --> 00:33:13.160
under German rule or occupation had to
wear a yellow badge or an armband with

396
00:33:13.240 --> 00:33:17.720
the Star of David. Yet was
not all of this elaborate bureaucratic need for

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00:33:17.799 --> 00:33:23.720
identification. Wasn't it embarrassing to the
Nazi apparat? He said? After all,

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00:33:23.759 --> 00:33:30.240
if the Nazi doctrine about the supposedly
manifest aryan racial superiority, their nor

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00:33:30.319 --> 00:33:35.359
to looks, their build, their
superior intelligence, their stable disposition, If

400
00:33:35.359 --> 00:33:39.400
that were so persuasive, then why
did they need for Jews to identify themselves?

401
00:33:40.599 --> 00:33:45.559
In contrast, the Star of david
IDs were prima facia proof that the

402
00:33:45.720 --> 00:33:50.960
entire bankrupt Nazi project was based on
the unspoken fear that millions of Jews were

403
00:33:51.000 --> 00:33:57.480
indistinguishable in all respects from other Europeans. Yet, currently the entire industry of

404
00:33:57.599 --> 00:34:00.920
anti Semitic hatred has flipped. And
that's what it is. It's an industry.

405
00:34:01.519 --> 00:34:07.920
Ad l Southern Poverty Law Center are
an industry. It says, it's

406
00:34:07.920 --> 00:34:15.440
flipped from Jews as toxic non whites
to Jews as toxic whites. The two

407
00:34:15.559 --> 00:34:22.320
common denominators of racial obsession and hating
Jews remain the same. Left wing anti

408
00:34:22.360 --> 00:34:30.400
Semites have been so effective at galvanizing
campus hatred of Israel and by association of

409
00:34:30.480 --> 00:34:36.559
Jews in general. It's their careful
effort to brand themselves as dei victims.

410
00:34:37.639 --> 00:34:43.599
Why tarring Jews with the empty white
supremacy slur. Jews and Israel now supposedly

411
00:34:43.679 --> 00:34:49.840
enjoy toxic white privilege. They are
libeled as veritable white supremacists. They colonized

412
00:34:49.960 --> 00:34:55.599
Palestine, and as European imperialists,
as if four hundred years of Ottoman imperialism

413
00:34:55.679 --> 00:35:00.440
in the Middle East never occurred.
Yeah, you say that, it's a

414
00:35:00.480 --> 00:35:04.320
historian. You know, people want
to talk about slavery. Well, you

415
00:35:04.360 --> 00:35:07.199
know, people who were most enslaved
were the Slavs. That's why we have

416
00:35:07.280 --> 00:35:10.000
that word. Every civilization had slavery. But no, we're going to say

417
00:35:10.039 --> 00:35:15.639
that is a special American institution,
special Western institution. We need to use

418
00:35:15.679 --> 00:35:22.280
that as the basis to dismantle Western
civilization. But colonization and perialization has happened

419
00:35:22.280 --> 00:35:27.159
throughout the Middle East for millennia where
it was a Roman you know, the

420
00:35:27.199 --> 00:35:32.079
Ottoman Empire, the Roman Empire before
that, and over and over and over

421
00:35:32.159 --> 00:35:36.719
again before that. By the way, you know, when we talk about

422
00:35:36.719 --> 00:35:38.559
all this stuff, races, I
said many times, is just a misnomer.

423
00:35:39.320 --> 00:35:43.559
There's only one race. If you
believe God, if you believe the

424
00:35:43.559 --> 00:35:49.519
Bible, it says that He's made
of one blood, all nations, all

425
00:35:49.599 --> 00:35:54.599
nations. So what does what does
that mean? That means different people groups,

426
00:35:54.639 --> 00:35:59.320
But the Bible routinely talks about every
nation, tongue, in tribe.

427
00:35:59.320 --> 00:36:01.880
But Michael Sava talks about it.
He says, it's really the distinctions between

428
00:36:01.920 --> 00:36:07.480
people, not skin color and things
like that. The distinction really are borders,

429
00:36:07.440 --> 00:36:16.119
language and culture, borders nations,
languages, tongues, and culture,

430
00:36:16.239 --> 00:36:22.079
tribes. So he's basically just changing
the terms in a way that be more

431
00:36:22.079 --> 00:36:30.840
contemporary. That's the things that distinguish
and separate us. And all this focus

432
00:36:30.880 --> 00:36:37.360
on our genetic background, our skin
color and all the rest of stuff is

433
00:36:37.719 --> 00:36:44.199
not something that Christians look at.
You know, Christ has erased all those

434
00:36:44.199 --> 00:36:49.519
barriers. There's no male and female
distinctions in terms of hierarchy and that type

435
00:36:49.519 --> 00:36:53.599
of thing. There's different roles,
but there's no hierarchical distinction or separation or

436
00:36:53.800 --> 00:36:58.199
one is not better than the other. He said, there's no Jew,

437
00:36:58.360 --> 00:37:01.159
no Greek. There's also today no
white, no black. All those distinctions

438
00:37:01.199 --> 00:37:08.000
have been erased. We need to
see each other as all those who are

439
00:37:08.000 --> 00:37:15.360
in need of God's mercy and forgiveness, and not as you're the other and

440
00:37:15.400 --> 00:37:20.559
you're evil. Right, we don't. We don't as Christians. We don't

441
00:37:20.559 --> 00:37:25.280
fight with flesh and blood. We
understand that we're fighting ideas, and we're

442
00:37:25.320 --> 00:37:31.800
fighting the powers behind those ideas that
continue to deceive people. And we need

443
00:37:31.840 --> 00:37:37.920
to see the other people that are
opposing us, maybe even violently opposing us.

444
00:37:37.920 --> 00:37:44.239
We need to understand that they themselves
have been taken captive. Again.

445
00:37:44.280 --> 00:37:46.679
I think of the Lord of the
Rings. I think of Theatin. You

446
00:37:46.719 --> 00:37:54.760
know, at the very end,
Gondolf comes and he's being controlled as now

447
00:37:54.840 --> 00:38:00.760
privileged white victimizers. Victor Davis Hansen
says pride Jews are not seen now any

448
00:38:00.800 --> 00:38:05.239
longer as victims of the Holocaust.
You see, that was the other thing

449
00:38:06.159 --> 00:38:09.360
you had Jonathan green Blade out there
over the weekend on media. It's become

450
00:38:09.599 --> 00:38:15.800
an oppression Olympics. It's like,
that's because that's what you did. You

451
00:38:15.800 --> 00:38:21.480
put all this stuff. You've got
this victim hood hierarchy right that you've created

452
00:38:22.199 --> 00:38:27.800
for your institution, for your industry
of racism. You have industrial racism being

453
00:38:27.800 --> 00:38:30.599
sold to you by the ad L
and by the Southern Priory Law Center.

454
00:38:30.679 --> 00:38:35.079
And this guy who did this complains
about an oppression Olympics. He's set up

455
00:38:35.119 --> 00:38:40.760
the oppression Games, the depression hunger
Games for the longest time. It's a

456
00:38:40.840 --> 00:38:45.800
game that they play. He thinks
he knows it very well. It is

457
00:38:45.840 --> 00:38:50.559
the oppression Olympics. It just now
that people have put them on the bad

458
00:38:50.599 --> 00:38:52.360
team. You know. Wait,
wait, I'm not with these guys.

459
00:38:52.400 --> 00:38:54.960
I'm with you. No, we're
saying you're with those guys. Now,

460
00:38:55.760 --> 00:39:00.119
that's what Victor David Hanson is saying. He said it was no acts that

461
00:39:00.159 --> 00:39:07.519
a racist BLM on news of the
October seventh massacres quickly quickly issued posters glorifying

462
00:39:07.559 --> 00:39:13.079
Hamas and the hang gliding murderers.
And that's the first thing I said.

463
00:39:14.159 --> 00:39:17.360
So do you see how these people
lined up? It was oh surprise that

464
00:39:17.760 --> 00:39:23.320
dei zars and professors and various ethnic
and race studies programs proved the most prominent

465
00:39:23.400 --> 00:39:30.320
on campus and damning Israel and as
Jewish citizens as racist and who was shocked

466
00:39:30.639 --> 00:39:35.880
when university administrators a cowardly mit campus
is a good example simply warren Jews of

467
00:39:35.960 --> 00:39:39.679
no go zones rather than ensuring that
there were no such zones anywhere on campus

468
00:39:39.719 --> 00:39:42.719
for any one. And that's what
I said to us. I said,

469
00:39:42.760 --> 00:39:45.760
okay, so now we're going to
push back against this, and you've got

470
00:39:45.760 --> 00:39:47.800
the donors who are leaving the big
universities. Don't don't you do any of

471
00:39:47.800 --> 00:39:52.199
that anti semitism, that anti white
stuff. You continue that, okay,

472
00:39:52.280 --> 00:39:54.679
that's fine, we like that.
The anti white, anti Asian, that's

473
00:39:54.679 --> 00:39:59.760
okay. Just don't do that anti
Semitism stuff, because we're taking your money

474
00:39:59.760 --> 00:40:05.440
away if you do. Jews seem
to be collateral damage from the damning of

475
00:40:05.480 --> 00:40:08.639
an entire group of people, namely
white Americans and Europeans, in a society

476
00:40:08.639 --> 00:40:13.039
that is supposedly wedded to Martin Luther
King Junior's dictum that we should be judged

477
00:40:13.079 --> 00:40:15.800
by the content of our character and
not the color of our skin. That

478
00:40:15.920 --> 00:40:22.679
is shocking how the racist DEI and
woke industries have been given a complete pass

479
00:40:22.800 --> 00:40:28.400
to castigate and demonize an entire group
without any concern for individual characteristics, or

480
00:40:28.440 --> 00:40:31.639
for class, or for religious or
for ethnic differences. He said, Indeed,

481
00:40:31.679 --> 00:40:37.760
white is as sloppy a term as
Hispanic, just as a third generation

482
00:40:37.880 --> 00:40:45.719
Cuban American professional has almost no intrinsic
ethnic political class, often no linguistic affinities

483
00:40:45.760 --> 00:40:52.800
with impoverished Oxicans who just crossed illegally
into America and vice versa. You see

484
00:40:52.239 --> 00:40:54.719
why, you know, they've grown
up. I knew a lot of Cuban

485
00:40:54.719 --> 00:41:00.199
Americans growing up. Their parents had
come during the Cuban missile crisis, things

486
00:41:00.199 --> 00:41:04.440
like that Castro in the fifties and
early sixties and stuff, and you know,

487
00:41:04.679 --> 00:41:07.159
they they enjoyed their culture, their
music and stuff like that, and

488
00:41:07.239 --> 00:41:12.639
played in the bands I was in. I was typically the only non Cuban

489
00:41:12.639 --> 00:41:15.639
in the band, you know,
And these guys really really rocked when it

490
00:41:15.679 --> 00:41:25.119
came to trumpet really, but you
know, it was it was they were

491
00:41:25.199 --> 00:41:30.159
American and they identified with conservative values, you say, because it's that nation

492
00:41:30.400 --> 00:41:34.639
tongue and tribe and culture and things
like that. And gradually, as he's

493
00:41:34.679 --> 00:41:37.320
pointing out, these people have been
here for three generations. You know,

494
00:41:37.400 --> 00:41:42.079
they see the Cuban American you know, we like the Cuban food, like

495
00:41:42.119 --> 00:41:45.199
the Cuban music. But you know, hey, we liked the American politics

496
00:41:45.199 --> 00:41:47.000
and the American system. And I've
always lived here. This is my country.

497
00:41:47.039 --> 00:41:52.800
That type of thing, And so
he says, and so too.

498
00:41:52.960 --> 00:41:57.639
A white male from rural America is
working as a walder in the ozarks or

499
00:41:57.800 --> 00:42:05.360
logger and the severe Sierra has zero
solidarity with a white Bay Area techi at

500
00:42:05.400 --> 00:42:10.000
Google or an Ivy League legacy preppie
who is screaming from the river to the

501
00:42:10.039 --> 00:42:15.440
sea in Harvard Yard. But white
is not just a ridiculous construct that ignores

502
00:42:15.480 --> 00:42:21.400
the multiplicities of European ethnic and religious
fault lines. The vast difference is in

503
00:42:21.480 --> 00:42:27.920
white class income and politics, and
the increasing frequency of whites marrying non whites.

504
00:42:28.239 --> 00:42:34.559
When joined with a tier with the
tiered epithets of privilege and supremacy and

505
00:42:34.760 --> 00:42:38.559
rage white privileged, white supremacy,
white rage, he said, the result

506
00:42:38.639 --> 00:42:47.239
grows even more incoherent and sinister.
Proof of this privilege of whites is it

507
00:42:47.280 --> 00:42:52.360
that their life expectancy is lower than
Hispanics and Asians. Is white supremacy.

508
00:42:52.400 --> 00:42:55.800
The fact that white privilege, whether
they a suicide rate that is higher than

509
00:42:55.840 --> 00:43:01.000
Blacks, Asians and Hispanics, is
white Privilege's dying in combat in Afghanistan and

510
00:43:01.039 --> 00:43:06.920
Iraq at double the numbers of the
general population is white privilege. And an

511
00:43:07.039 --> 00:43:13.320
ordinate percentage of fentanyl deaths, A
current percentage of whites and Ivy League freshman

512
00:43:13.400 --> 00:43:17.440
classes of twenty to forty percent despite
making up fifty five percent of the youth

513
00:43:17.480 --> 00:43:22.440
demographic. Yeah, what I was
saying before, and I'm not even going

514
00:43:22.519 --> 00:43:25.599
to get into those schools, And
good if you don't, because they're going

515
00:43:25.679 --> 00:43:30.920
to make you hate yourself, right, just like that national shooter. Hate

516
00:43:30.920 --> 00:43:36.119
your skin color, hate your gender, hate everybody else. That's the way

517
00:43:36.119 --> 00:43:40.960
they get it. Why does so
called white rage not result in whites being

518
00:43:42.039 --> 00:43:47.800
overrepresented as perpetrators of hate crimes as
are Latinos and blacks. Why are blacks

519
00:43:47.840 --> 00:43:52.000
more likely to assault or kill whites
than vice versa. Is there a term

520
00:43:52.280 --> 00:43:59.760
black rage that you see in the
FBI statistics? Know about interracial crimes?

521
00:44:00.320 --> 00:44:05.559
Woke and DEI fans have created entire
anti white privilege industries. We've got things

522
00:44:05.599 --> 00:44:09.400
like the Duke Lacrosse lie, the
Covington Kids myth, the Jesse Smollett fiasco.

523
00:44:09.639 --> 00:44:13.000
He doesn't even go back as far
as the first one. I remember

524
00:44:13.079 --> 00:44:16.840
Al Sharpton and Tauana Brawley, and
of course Al Sharpton's had a long career

525
00:44:19.039 --> 00:44:23.920
as a race pimp, never had
to answer for any of the lies that

526
00:44:24.000 --> 00:44:30.559
he told. The ironic but pathetic
efforts of whites to make to fake a

527
00:44:30.679 --> 00:44:34.639
non white identity in order to get
privileges, or to win admissions, or

528
00:44:34.679 --> 00:44:38.239
to get status and jobs. I
think of Elizabeth Warren, he points out,

529
00:44:38.280 --> 00:44:42.800
you know, trying to pretend that
she's not white but she's Native American.

530
00:44:42.880 --> 00:44:46.480
Or Rachel Deleezel, who was white
but pretended she was black so she

531
00:44:46.519 --> 00:44:51.440
could and even became the former head
of the NAACP in Spokane, Washington.

532
00:44:52.840 --> 00:45:00.880
Identity fakery is traditionally an empirical guide
to privilege, otherwise non whites' transitioning to

533
00:45:00.000 --> 00:45:06.360
white status, as in the segregationist
and overtly racist days of the Old South.

534
00:45:06.679 --> 00:45:08.840
It's a matter right if you know
the musical Showboat, which is probably

535
00:45:09.119 --> 00:45:15.000
passed out of most people's cultural consciousness, Now, that was the essence of

536
00:45:15.039 --> 00:45:20.199
it. Yeah, I had this
central character whose mother was black but she

537
00:45:20.280 --> 00:45:22.199
had light skin, and so you
know, she's trying to pass for being

538
00:45:22.239 --> 00:45:27.480
white, and that type of thing
exactly the opposite thing is happening now,

539
00:45:27.519 --> 00:45:32.679
As he points out Rachel delizel Elizabeth
Warren, why did the New York Times

540
00:45:32.800 --> 00:45:40.719
dub Hispanic and half Peruvian George Zimmerman
to be a white Hispanic They've never used

541
00:45:40.719 --> 00:45:45.079
that term or phrase for any other
person, even though two thirds of Hispanic

542
00:45:45.159 --> 00:45:52.280
quote unquote Americans self identifies white.
Well, because they were trying to demonize

543
00:45:52.519 --> 00:45:57.239
Zimmerman by calling him white. They
see that was part of the demonization.

544
00:45:57.880 --> 00:46:04.480
Call him whitem x. Kendy earned
lucrative fees and honor area espousing anti racism

545
00:46:04.480 --> 00:46:10.719
and founded in anti racism academic center
that produced no tangible research. This is

546
00:46:10.760 --> 00:46:15.000
what she van Fleet was saying last
week. You know, it's not enough

547
00:46:15.079 --> 00:46:19.800
to you have to oppose and struggle
session who you are and that type of

548
00:46:19.880 --> 00:46:22.639
thing. That's what they're really up
to. This is really a Marxist tactic.

549
00:46:23.360 --> 00:46:28.119
He doesn't get down to that,
but that's she van Fleet knows what

550
00:46:28.159 --> 00:46:30.480
this is all about. The industry
of white demonization also plays a role in

551
00:46:30.519 --> 00:46:35.360
the drastic productions in the US Armed
Forces recruitment. The drop off in white

552
00:46:35.440 --> 00:46:38.800
rule and suburban males is demonstrable,
and the reason is most likely their weariness

553
00:46:38.800 --> 00:46:46.159
with constant woke hectoring and discrimination.
Look at what Mark Millie said in testimony

554
00:46:46.159 --> 00:46:52.320
to Congress June twenty twenty one.
He pontificated about ferreting out white rage and

555
00:46:52.400 --> 00:46:58.840
white privilege in the ranks, despite
providing no evidence or data to back up

556
00:46:58.840 --> 00:47:07.719
his white bias is racism allegations.
Another self loathing liberal well to wrap it

557
00:47:07.800 --> 00:47:15.480
up, Victor Davis Hansen says anti
Semitism is on the rise, fortified by

558
00:47:15.480 --> 00:47:21.000
the campus dei and woke crowd.
Hate crimes are soaring. Violent crime in

559
00:47:21.079 --> 00:47:25.000
general is on the upspring. Military
recruitment is dropping. Trust in the media

560
00:47:25.039 --> 00:47:30.039
is plunging. Anti Semites are proud
and not ashamed of acting out their hatred.

561
00:47:30.239 --> 00:47:37.639
The progressive woke agenda is imploding.
Yeah, they said inced again.

562
00:47:37.039 --> 00:47:40.239
To me, this all just looks
like a replay of the French Revolution.

563
00:47:42.519 --> 00:47:46.239
You know, history rhymes, and
so you know, instead of it being

564
00:47:46.239 --> 00:47:50.239
class based, it's race based.
And that was a conscience, that was

565
00:47:50.280 --> 00:47:52.079
a conscious thing by the Marxists.
I've said many times, you go back

566
00:47:52.079 --> 00:47:58.280
and look at Bill Air's and Bernadine
Dorn and their Weather Underground. They said,

567
00:47:58.400 --> 00:48:01.039
we want a Marxist revolution, you've
got to have conflict between between groups,

568
00:48:01.199 --> 00:48:06.280
this Hegelian conflict. It doesn't work
for us to talk about class.

569
00:48:06.320 --> 00:48:08.599
Class is so deeply entrenched in Europe. They could have a class warfare,

570
00:48:08.760 --> 00:48:14.639
class revolution, everythings they did in
France and other places. But he said,

571
00:48:15.039 --> 00:48:16.440
you know, here in America,
we can do it with race and

572
00:48:16.480 --> 00:48:21.320
skin color. And that's what they've
been up to. So that's what the

573
00:48:21.320 --> 00:48:23.320
whole thing is about. The one
comedy nominator, says Victor David Sanson,

574
00:48:24.519 --> 00:48:29.880
is a now acceptable notion that is
not just permissible, but it is encouraged

575
00:48:30.480 --> 00:48:37.199
to smear without evidence over two thirds
of Americans as the sole beneficiaries of privilege,

576
00:48:37.960 --> 00:48:45.119
prone to rage and conspiring to ensure
racial supremacy. And all of it

577
00:48:45.159 --> 00:48:52.199
is lies. All of it is
for a Marxist revolution, a socialist revolution,

578
00:48:52.280 --> 00:48:54.559
if you will. But there are
lies, nevertheless, and useful to

579
00:48:54.599 --> 00:49:00.440
their promulgators, as they are toxic
and incendiary to the multi racial consensuals society.

580
00:49:00.920 --> 00:49:06.239
If they're not addressed, refuted,
and discredited. It has pastime for

581
00:49:06.280 --> 00:49:15.000
Americans to reject all racial stereotyping and
the racist careerists who leverage it before we

582
00:49:15.039 --> 00:49:20.480
all descend into tribal nihilism. And
so for that, I'm sure that you

583
00:49:20.480 --> 00:49:23.800
know, you'll probably see his article
featured up on the Drudge Report as somebody

584
00:49:23.840 --> 00:49:29.559
who has just died in the world
racist who agrees with Lewis Ferrikhan and Nick

585
00:49:29.599 --> 00:49:31.159
Flintes and all the rest of the
stuff. I wouldn't even talk to Nick

586
00:49:31.199 --> 00:49:38.119
Funtes. Some of the dregs that
Alex would bring into there just amazing.

587
00:49:39.119 --> 00:49:44.239
But look the answer, how do
we do this? How do we do

588
00:49:44.280 --> 00:49:50.159
this? Well, the answer truly
is turning to God. God is the

589
00:49:50.159 --> 00:49:52.599
one who brings peace. If we
have peace with God, we will then

590
00:49:52.639 --> 00:49:57.639
have peace with each other. But
we have to first get that peace with

591
00:49:57.679 --> 00:50:01.280
God. And so also on the
drudg Report this morning, you look at

592
00:50:01.280 --> 00:50:06.320
that headline I showed you this was
yesterday, must the Jews are getting what

593
00:50:06.440 --> 00:50:08.960
they deserve? Same picture and then
different he had another Twitter firestorm against the

594
00:50:09.000 --> 00:50:13.880
Jews and everything. Then down in
the corner right underneath this, he's got

595
00:50:13.880 --> 00:50:17.920
this picture. Look at that.
How damning that is. Can you imagine

596
00:50:19.079 --> 00:50:22.679
that you would have congressmen just a
couple of them, I mean you others

597
00:50:22.599 --> 00:50:28.719
about five hundred people and Senate in
the House and everything, and you got

598
00:50:29.239 --> 00:50:34.400
a handful of them less than ten
kneeling and praying. Can't have that,

599
00:50:34.760 --> 00:50:38.360
Oh we're going to have Christian nationalism. Well you better turn to God,

600
00:50:38.519 --> 00:50:42.800
because if you don't turn to God
and get healing in peace with God,

601
00:50:43.639 --> 00:50:49.760
you're going to be at war with
each other. Everybody is That is the

602
00:50:49.880 --> 00:50:55.679
answer, quite frankly. And so
there's all these articles that Drudge puts underneath

603
00:50:55.719 --> 00:51:00.440
there for people attack him for that. Look, I got it. I

604
00:51:00.039 --> 00:51:04.639
you know, I don't shy away
from talking about my disagreements with Michael Johnson,

605
00:51:04.719 --> 00:51:08.000
Mike Johnson and beginning with his support
of Trump, beginning with his u

606
00:51:08.039 --> 00:51:10.760
turn for Ukraine. And that's the
key thing, you know, we should

607
00:51:10.760 --> 00:51:15.960
pray for our leaders. I think
still that he is a person of character.

608
00:51:15.960 --> 00:51:20.239
I'm hoping even though he switched on
Ukraine, I'm hoping that he's not

609
00:51:20.400 --> 00:51:27.000
been taken captive by the lust for
power and position. And so that's what

610
00:51:27.039 --> 00:51:29.960
you need to pray for. Him. You need to pray that he's got

611
00:51:29.960 --> 00:51:34.960
the characters, stay the course,
and just as important as character, he

612
00:51:35.039 --> 00:51:38.559
has to have discernment, which he
doesn't have on so many issues. If

613
00:51:38.599 --> 00:51:45.159
he has character, he's liking discernment
about some of these things. And so

614
00:51:45.199 --> 00:51:49.039
you need to pray for both of
those things. But you need to understand

615
00:51:49.199 --> 00:51:52.280
that what freaks out Matt Drudge and
the left and the ADL and this Southern

616
00:51:52.320 --> 00:51:57.199
Bowery Law Center and all these people, what freaks them out about seeing somebody

617
00:51:57.239 --> 00:52:02.079
pray or even having somebody silently pray. Of course you know from an abortion

618
00:52:02.159 --> 00:52:06.880
clinic. But for the most part, when they see a teacher of the

619
00:52:06.920 --> 00:52:10.840
fifty yard line kneeling and silently pray, or they see the Speaker of the

620
00:52:10.880 --> 00:52:15.480
House is a couple of other congressmen
kneeling and praying on the floor of the

621
00:52:15.519 --> 00:52:22.679
house, they don't understand the difference
between establishment and exercise, the free exercise

622
00:52:22.719 --> 00:52:27.280
of religion. If you're telling me
that I can't kneel and pray, you

623
00:52:27.599 --> 00:52:30.960
are the problem. I am not
the problem. You are the problem.

624
00:52:30.039 --> 00:52:34.920
And you have a problem with our
system of government, and you have a

625
00:52:34.960 --> 00:52:37.920
problem with toleration, and you want
to censor people, and you want to

626
00:52:37.960 --> 00:52:42.360
compel people to do what you think
is right. You're the one who is

627
00:52:42.360 --> 00:52:45.440
intolerant. You're the one who is
a tyrant. It's not the people who

628
00:52:45.519 --> 00:52:50.039
are silently praying and exercising their religion
that is protected, should be protected,

629
00:52:50.199 --> 00:52:52.199
will be protected in America. And
if you've got a problem with that,

630
00:52:52.639 --> 00:52:57.199
you're the problem. I'm not apologizing
for it. Nobody needs to apologize for

631
00:52:57.280 --> 00:53:05.639
that. We'll be right back.
Interested in a curated list of the finest

632
00:53:05.719 --> 00:54:47.440
classical music, find it now at
APS radio dot com, Liberty It's Your

633
00:54:47.599 --> 00:54:55.360
Move, and now the David Knight
Show. I see a comment from Guard

634
00:54:55.400 --> 00:55:01.199
Goldsmith spot on the ad L is
a power thirsty political group, a secular

635
00:55:01.280 --> 00:55:07.039
cabal that has replaced traditional Jewish religious
belief with an adoration of the state,

636
00:55:08.159 --> 00:55:15.320
tying US statism to Zionism. ADL
is ultimate generational corporate gas lighting, always

637
00:55:15.400 --> 00:55:21.639
using claims of defense to go on
offense and to attack people. Spot on

638
00:55:21.719 --> 00:55:27.719
Guard, I agree with that completely. Malutin Milankovic says, to learn who

639
00:55:27.800 --> 00:55:30.000
rules over you learn who you can't
criticize. Well, that is absolutely true.

640
00:55:30.199 --> 00:55:36.800
I guess you could say that even
though Candice Owen works for Ben Shapiro,

641
00:55:36.840 --> 00:55:39.800
he doesn't rule over her because he's
been very critical of him, and

642
00:55:39.920 --> 00:55:44.360
this is the other thing that's been
coming out of emotionally unhinged. He called

643
00:55:44.400 --> 00:55:50.639
her, and the two of them
have been fighting publicly on Twitter, and

644
00:55:51.039 --> 00:55:55.239
that's the kind of thing that can
get you fired. Now, he said,

645
00:55:55.960 --> 00:56:00.920
hey, if by all means quit, if if you think that your

646
00:56:00.960 --> 00:56:05.360
work at the Daily Wire comes between
you and God, because he got very

647
00:56:05.440 --> 00:56:09.760
upset about the fact that she put
a Bible quote up as a part of

648
00:56:09.840 --> 00:56:17.000
their dispute. He says, you
have been acting unprofessionally, and oh,

649
00:56:16.719 --> 00:56:22.480
she came back and told him,
you have been acting unprofessional and emotionally unhinged

650
00:56:22.519 --> 00:56:25.800
for weeks. Now, Well,
I agree with that. I think he

651
00:56:25.840 --> 00:56:30.880
has. But the bottom line is
I don't think she should quit. If

652
00:56:30.880 --> 00:56:37.360
I were her, I would use
his platform to oppose him and to oppose

653
00:56:37.360 --> 00:56:42.800
his lies and his hatred. I
did that myself, so you know,

654
00:56:42.960 --> 00:56:45.920
do that till he fires you.
But she's also kind of covering her basis.

655
00:56:45.960 --> 00:56:52.199
She is being very flattering to Tucker, obsequious, even because this has

656
00:56:52.239 --> 00:56:57.519
been something going back and forth between
them. Candice Owen, you know,

657
00:56:57.920 --> 00:57:00.960
was really kind of sheepish in terms
of interviewing Trump. She's not going to

658
00:57:01.039 --> 00:57:07.480
criticize Trump. She's not going to
criticize the vaccine stuff. And of course,

659
00:57:07.519 --> 00:57:09.440
you know Ben Shapiro, as I
mentioned, one of the biggest pushers

660
00:57:09.480 --> 00:57:16.400
of the vaccine thing. But nevertheless, somebody asked Shapiro a question, and

661
00:57:16.440 --> 00:57:19.800
this went up on social media.
I'm sure by now you've probably seen it

662
00:57:19.840 --> 00:57:22.840
a little bit hard to hear what
it says. I'm not playing the clip

663
00:57:22.840 --> 00:57:24.320
instead, I'll just read you the
quote. He said, I think that

664
00:57:24.400 --> 00:57:30.440
her faux sophistication on these particular issues
has been ridiculous, and then he went

665
00:57:30.480 --> 00:57:37.119
on to say her commentary on Israel
has been disreputable. Hours later, she

666
00:57:37.519 --> 00:57:44.000
posted on Twitter a Bible quote.
Blessed are the peacemakers, for they shall

667
00:57:44.039 --> 00:57:49.400
be called the children of God.
Blessed are those who are persecuted for righteousness

668
00:57:49.440 --> 00:57:53.199
sake, for theirs is the kingdom
of Heaven. Blessed are when men shall

669
00:57:53.199 --> 00:57:57.920
revalue and persecute you, and shall
say all manner of evil against you falsely

670
00:57:57.960 --> 00:58:02.400
for my sake. No one can
serve two masters. Either you will hate

671
00:58:02.440 --> 00:58:06.840
the one and love the other,
or you will be devoted to the one

672
00:58:07.000 --> 00:58:14.440
and despise the other. You cannot
serve both God and money. So he

673
00:58:14.480 --> 00:58:20.920
took that personally, what you serve
me. I've got the money, I've

674
00:58:20.960 --> 00:58:24.400
got the I pay your check.
You do what I say. So at

675
00:58:24.519 --> 00:58:28.639
least she's not doing that. He
came back. He said, Candace,

676
00:58:28.679 --> 00:58:31.039
if you feel like taking money from
the Daily Wire somehow comes between you and

677
00:58:31.079 --> 00:58:36.239
God, by all means quit.
Well, no, Ben, she's just

678
00:58:36.280 --> 00:58:44.039
saying she won't sell your war for
money. It's I would not sell his

679
00:58:44.239 --> 00:58:47.000
January the sixth thing for money.
I wouldn't sell people. I wouldn't sell

680
00:58:47.039 --> 00:58:52.599
people into the fear and slavery of
a lockdown. Buy my mask with info

681
00:58:52.639 --> 00:58:53.840
Wars on it. You know that's
kind of stuff. I wouldn't do that.

682
00:58:55.920 --> 00:59:02.320
Absolutely will not do that. Owen
has replied to that and said,

683
00:59:02.480 --> 00:59:07.719
you've been acting unprofessionally, unprofessional and
emotionally unhinged for weeks now. We have

684
00:59:07.800 --> 00:59:12.320
all had to sit back and allow
it, and have all tried to exercise

685
00:59:12.360 --> 00:59:16.960
exceeding understanding for your raw emotion.
But you cross a certain line when you

686
00:59:16.960 --> 00:59:21.440
come for scripture and read yourself into
it. I will not tolerate it.

687
00:59:21.559 --> 00:59:28.960
She said, Well, I don't
know. I mean if I kind of

688
00:59:28.960 --> 00:59:34.599
think she probably meant that if the
shoe fits, wear it. But you

689
00:59:34.599 --> 00:59:37.760
know, the I don't know if
she's got a history of posting Bible quotes

690
00:59:37.840 --> 00:59:40.960
or not. But you know,
there's a lot of talk about war,

691
00:59:42.039 --> 00:59:47.519
isn't there, And so we should
remember what Jesus said about peace, and

692
00:59:47.559 --> 00:59:52.320
we should remember about how the love
of money is the root of all evil,

693
00:59:52.880 --> 00:59:59.599
and how we can't serve money as
our god and serve God at the

694
00:59:59.639 --> 01:00:02.440
same time. All that is very
appropriate, not just to Ben Shapiro,

695
01:00:02.519 --> 01:00:07.079
but to all these people, Lindsey
Graham, Nuki Haley, all of these

696
01:00:07.119 --> 01:00:10.639
people, and to our society in
general. Everybody getting so raw and emotional

697
01:00:10.639 --> 01:00:14.760
over this. And I understand and
I think that that, you know,

698
01:00:14.800 --> 01:00:21.159
the pictures of children, especially babies, blown up and mutilated. I said,

699
01:00:21.159 --> 01:00:24.480
we need to show the truth about
abortion. We need to take that

700
01:00:24.559 --> 01:00:29.639
for a positive thing. We need
to get people upset about death and about

701
01:00:29.760 --> 01:00:35.039
murder and use it to protect life
instead of expanding the death and the murder.

702
01:00:35.079 --> 01:00:37.400
That's the problem I have with it. You see, both the people

703
01:00:37.400 --> 01:00:42.079
who support Israel and the people who
support Hamas are both showing you pictures because

704
01:00:42.079 --> 01:00:46.639
they want more people killed. I
want to show pictures of the sixty million

705
01:00:46.719 --> 01:00:53.559
plus babies that have been mutilated so
we can stop that. It's a very

706
01:00:53.599 --> 01:00:59.199
different purpose. And you notice nobody's
showing that. And even though you'll have

707
01:00:59.320 --> 01:01:01.800
the media, you know, depending
on which side of the conflict they're on,

708
01:01:04.360 --> 01:01:09.280
they'll show you their murdered babies,
but they won't neither side. Neither

709
01:01:09.360 --> 01:01:15.840
side will allow you to show a
picture of a murdered and mutilated, aborted

710
01:01:16.480 --> 01:01:22.519
baby. Aborted, yeah, aborted. That's and Drudge knew that. That's

711
01:01:22.840 --> 01:01:27.480
why he And it wasn't even a
picture of a mutilate. It was a

712
01:01:27.519 --> 01:01:31.400
beautiful picture of life, the baby
Samuel grasping the pinky of the surgeon in

713
01:01:31.480 --> 01:01:38.199
that surgery, the unborn baby.
That was a powerful statement of life.

714
01:01:38.880 --> 01:01:45.000
And it was Fox News who fired
Matt Drudge for showing that on his program.

715
01:01:45.000 --> 01:01:50.519
And he knew that they would fire
him for showing that program, and

716
01:01:50.599 --> 01:01:54.880
that's why he showed the picture.
It wasn't to support life. I was

717
01:01:54.960 --> 01:02:00.519
very disappointed when I met him and
he told me that because that's the first

718
01:02:00.519 --> 01:02:04.400
thing I said, because that's the
best thing you ever did. Oh that

719
01:02:04.800 --> 01:02:07.960
I just wanted to get out of
my contract. He said. Well,

720
01:02:08.639 --> 01:02:16.760
Ben Shapiro slammed Candace for retreating,
retweeting far left anti Israel blogger Max Blumenthal,

721
01:02:17.519 --> 01:02:24.559
and publicly monitor for defending Kanye West
after his anti Semitic screeds. And

722
01:02:24.599 --> 01:02:34.079
again, I don't see any justification
for defending Kanye West. But this is

723
01:02:34.719 --> 01:02:37.880
again, you know, media eight, that is you know in all of

724
01:02:37.920 --> 01:02:44.199
this, and they're not going to
criticize Ben Shapiro or Candice Open for their

725
01:02:44.320 --> 01:02:47.519
cheering of Trump and his poison shot
or their cheering of the shot itself.

726
01:02:51.119 --> 01:02:55.519
But for them, the reprehensible things
that they did were this tribalism thing.

727
01:02:57.639 --> 01:03:00.599
And it may be tribalism. Maybe
she sided with Kanye West because they're black

728
01:03:02.519 --> 01:03:07.920
and what he said was wrong.
I'm not going to excuse any of that.

729
01:03:08.119 --> 01:03:10.880
But we don't want to be caught
up in their racism. We don't

730
01:03:10.920 --> 01:03:15.760
want to be caught up in their
Hegelian racism. We need to be aware

731
01:03:15.760 --> 01:03:21.519
of it and we need to understand
how they're using it, but we don't

732
01:03:21.519 --> 01:03:27.760
need to be caught up in it. And so Owens has a long history

733
01:03:28.280 --> 01:03:32.280
of controversial and outlandish rhetoric. Yeah, you know, she she supported the

734
01:03:32.400 --> 01:03:36.679
vacts and gave Trump a pass and
all the rest of this stuff. But

735
01:03:36.760 --> 01:03:40.679
no, they're not talking about that. But Ben Shapiro hasn't had That's the

736
01:03:40.719 --> 01:03:47.519
other thing to Mediaite is this leftist
publication, hard left publication, and they

737
01:03:47.559 --> 01:03:52.960
don't have any problem with Ben Shapiro. I mean, he's you want to

738
01:03:53.000 --> 01:03:58.000
say that somebody has made a lot
of controversial and outlandish rhetoric. Statement,

739
01:03:58.199 --> 01:04:00.559
Okay, what about Ben Shapiro,
you're a leftist? You pretty much?

740
01:04:00.719 --> 01:04:06.320
These people Mediaite pretty much disagree with
Ben Shapiro on everything, but they're going

741
01:04:06.400 --> 01:04:12.599
to give him a past because he's
Jewish and they're Jewish. That's the amazing

742
01:04:12.599 --> 01:04:15.400
thing about this, Just like I
think Candis Owen gave Kanye West a pass

743
01:04:15.440 --> 01:04:19.719
because they're both black. We need
to be aware that we need to not

744
01:04:19.800 --> 01:04:29.000
be caught up in that. But
Cat Turn on Twitter said I never could

745
01:04:29.079 --> 01:04:33.280
stand Ben. Glad you're finally catching
up and they've now Shapiro and Owen's have

746
01:04:33.400 --> 01:04:40.960
now on? Canis Owen have now
unfollowed each other? NewsGuard News Guard Let's

747
01:04:40.960 --> 01:04:47.159
talk about the overreaching structure here NewsGuard
with Microsoft, and of course if you

748
01:04:47.360 --> 01:04:51.559
dig deep enough, you're going to
find out that they are, you know,

749
01:04:51.599 --> 01:04:57.519
of course their sister saying Election Guard. Election Guard was one hundred percent

750
01:04:57.599 --> 01:05:00.400
started by dark I think if you
look at the funding of news Guard you'll

751
01:05:00.440 --> 01:05:04.239
find that as well DARPA. There
was a ten million dollar contract that DARPA

752
01:05:04.280 --> 01:05:09.039
gave to Microsoft to create Election Guard, and that was their sole funding.

753
01:05:10.559 --> 01:05:14.280
And so you got newsguards going to
guard the truth and Election Guard that's going

754
01:05:14.320 --> 01:05:16.639
to guard the elections or maybe they're
going to be destroying the truth and destroying

755
01:05:16.639 --> 01:05:21.719
the elections. Question is the age
old question who guards the guardians? Well

756
01:05:21.760 --> 01:05:27.199
that's really the question when we talk
about NewsGuard and Election Guard, Now,

757
01:05:27.199 --> 01:05:31.679
who guards us from what they're doing? This is real clear investigations and Lee

758
01:05:31.760 --> 01:05:36.760
Fang, she said. The Twitter
files revealed that Krovitz, Gordon Krovitz,

759
01:05:38.559 --> 01:05:44.480
former publisher of The Wall Street Journal, touted his product, his censorship product,

760
01:05:44.519 --> 01:05:53.119
NewsGuard, as listening to this quote
a vaccine against misinformation. Oh,

761
01:05:53.159 --> 01:05:57.159
they love their vaccines and their pharmaceutical
industries in there. Because I guess that

762
01:05:57.199 --> 01:06:00.280
could be true, because you know, the vaccines are ultimately a lie based

763
01:06:00.280 --> 01:06:04.760
on misinformation, disinformation, malinformation,
a lie designed to kill. So I

764
01:06:04.760 --> 01:06:10.000
think that's a good way to understand
NewsGuard. It is like a vaccine.

765
01:06:10.719 --> 01:06:14.639
It is very much like a vaccine. He promised an out of the box

766
01:06:14.719 --> 01:06:23.079
tool that would use artificial intelligence powered
by NewsGuard algorithms to rapidly screen content based

767
01:06:23.119 --> 01:06:28.440
on hashtags and search terms that the
company associated with dangerous contact content. And

768
01:06:28.480 --> 01:06:31.079
of course this is where they're going
the artificial intelligence key use. They're not

769
01:06:31.119 --> 01:06:34.320
saying this right now, but its
key use is going to be to increase

770
01:06:34.360 --> 01:06:43.440
censorship. And the increased censorship is
going to be to stop podcasts. Podcasts

771
01:06:43.480 --> 01:06:46.840
are the one place that they have
not except for Spotify. Spotify has always

772
01:06:47.519 --> 01:06:51.840
banned me, But I'm able to
get on all the rest of the platforms

773
01:06:53.199 --> 01:06:56.480
for podcasts because they can't. You
know, they're not really scooping these things

774
01:06:56.480 --> 01:07:00.519
out. Those days are numbered.
I'll soon be limited to the back of

775
01:07:01.280 --> 01:07:08.880
podcasts, like I'm limited to the
backwaters of video broadcasting because I'll soon be

776
01:07:08.880 --> 01:07:12.880
banned with that thanks to artificial intelligence. They're weaponizing all of that. How

777
01:07:12.920 --> 01:07:15.440
would the company determine the truth for
issues such as COVID nineteen. NewsGuard would

778
01:07:15.480 --> 01:07:24.639
steer readers to official government sources only
like the CDC. Other content moderation allies,

779
01:07:25.000 --> 01:07:30.280
said Krovitz, included the intelligence and
National security officials, because again DARPA

780
01:07:30.360 --> 01:07:33.519
created Election Guard, and these are
the people who are running the Mockingbird media

781
01:07:33.599 --> 01:07:36.360
and all of the rest of this
stuff. Our censorship, folks, is

782
01:07:36.400 --> 01:07:43.400
coming from the Pentagon and the CIA, just like the lying news is coming

783
01:07:43.440 --> 01:07:48.760
from them as well. The government
works through seemingly benign non governmental organizations such

784
01:07:48.800 --> 01:07:54.480
as the Stanford Internet Observatory, to
quell speech that it disapproves of. It

785
01:07:54.519 --> 01:07:59.760
pays to course speech through government contracts
with outfits such as NewsGuard. By the

786
01:07:59.760 --> 01:08:03.519
way, it's not just the Stanford
Internet Observatory. Another big player which I

787
01:08:03.559 --> 01:08:06.480
don't see. And they were big, big player. Maybe they're not anymore,

788
01:08:06.480 --> 01:08:10.639
but they were a big, big
player in the round of censorship in

789
01:08:10.639 --> 01:08:15.439
twenty eighteen. On August of August
six, twenty eighteen, they did the

790
01:08:15.439 --> 01:08:19.680
massive censorship of info Wars, and
then within two months they kicked off eight

791
01:08:19.840 --> 01:08:26.640
hundred different sites. Many of them
were not pro Trump, many of them

792
01:08:26.640 --> 01:08:33.399
were anti Trump, but they were
against the police and surveillance state, and

793
01:08:34.439 --> 01:08:39.000
it's the police in surveillance state that
is running this censorship stuff. And a

794
01:08:39.079 --> 01:08:44.960
key player at that time was out
of the University of Indiana and they had

795
01:08:45.000 --> 01:08:50.760
an account on social media. It
was called oh so me as in social

796
01:08:50.800 --> 01:08:57.720
media, and they had in charge
of their censorship group where they were going

797
01:08:57.720 --> 01:09:01.560
through and identify find people. They
were the ones who put together this massive

798
01:09:01.600 --> 01:09:09.239
list that you know, the Democrats
wanted them to censor. The guy that

799
01:09:09.359 --> 01:09:14.399
was running that. You know,
people don't people know about the Kinsey Institute,

800
01:09:14.479 --> 01:09:17.840
this sexual perverse thing, but a
lot of people don't realize that's in

801
01:09:17.880 --> 01:09:25.039
the conservative Indiana Kinsey Institute. And
they had brought over a guy from Italy

802
01:09:26.159 --> 01:09:28.920
to be the head of the Kinsey
Institute and he was head of the Kensy

803
01:09:28.960 --> 01:09:30.760
Institute for a few years and then
when they decided they were going to set

804
01:09:30.800 --> 01:09:41.800
up a massive program of social media
censorship of political dissidents, then they picked

805
01:09:41.840 --> 01:09:48.720
this guy. Is interesting how we
see this unification of perverse stuff like the

806
01:09:48.760 --> 01:09:57.399
Kinsey Institute and these leftist socialists.
It truly is a satanic agenda, isn't

807
01:09:57.439 --> 01:10:01.359
it. NewsGuard is pushing to a
why has broader screening process into libraries,

808
01:10:01.399 --> 01:10:06.439
academic centers, news aggregation portals,
internet service providers. The advertisers worst nightmare

809
01:10:06.800 --> 01:10:15.479
is having an ad placement damage even
one customer's trust and a brand. Well,

810
01:10:15.640 --> 01:10:25.600
understand, the corporations don't care about
customer trust. They openly flaunt their

811
01:10:25.920 --> 01:10:30.840
contempt for their customers. Just look
at NASCAR, for example, or Coke

812
01:10:30.920 --> 01:10:34.439
or whatever right they have. They've
got one customer that they want to please.

813
01:10:34.560 --> 01:10:41.680
One customer and that's the government,
or you could say, you know,

814
01:10:42.159 --> 01:10:45.920
the government representative of financing for them, Black Rock, Vanguard, State

815
01:10:45.960 --> 01:10:51.159
Street. These people who have their
esg agenda. Yes, the esg agenda

816
01:10:51.239 --> 01:10:55.159
is their marching orders. It's not
about making a profit. It's not about

817
01:10:55.239 --> 01:10:57.680
you know, hey, we want
to sell Coca Cola to white people.

818
01:10:57.720 --> 01:11:00.680
No, we hate white people here
at Coca Cola, and we're not going

819
01:11:00.720 --> 01:11:04.079
to apologize for that, you know, or bud Light or whatever a NASCAR,

820
01:11:04.640 --> 01:11:09.000
they they have the esg agenda.
That's where their money's going to come

821
01:11:09.000 --> 01:11:15.279
from. And they're going to sell
the government's programs because and they really don't

822
01:11:15.319 --> 01:11:18.800
care about the public and so all
this stuff about saying, well, you

823
01:11:18.840 --> 01:11:24.159
know, we've got to go through
and censor people because imagine how mortified and

824
01:11:24.279 --> 01:11:30.399
pearl clutching NASCAR would be if they
saw if their ads, you know,

825
01:11:30.479 --> 01:11:35.960
ran on David Knight's program or something, probably would be clutching their pearls.

826
01:11:36.680 --> 01:11:41.119
No matter what they're saying is,
oh, you got these hateful right wing

827
01:11:41.359 --> 01:11:45.199
people out there, and we don't
want to have our products associated with them.

828
01:11:45.720 --> 01:11:46.960
And that's not what they're doing at
all, because they don't really care

829
01:11:47.000 --> 01:11:53.840
what the public thinks about them.
They're open and their public hatred and their

830
01:11:54.600 --> 01:12:00.880
esg agenda, their environmentalism and their
you know, their socialist they call it.

831
01:12:00.239 --> 01:12:04.319
They don't call it socialists. But
you understand China, by the way,

832
01:12:04.600 --> 01:12:06.840
is one more thing I want to
talk about before we stop with the

833
01:12:08.000 --> 01:12:13.359
censorship and the speech issues here,
and that is the fact that CNN is

834
01:12:13.399 --> 01:12:19.439
saying that China is using the world's
largest known online disinformation operation to harass Americans,

835
01:12:19.840 --> 01:12:26.000
says a CNN review. Now this
is true. They have a motive

836
01:12:26.039 --> 01:12:30.520
in saying this because again CNN is
the mockingbird press and they're pushing the you

837
01:12:30.560 --> 01:12:38.199
know, China is our enemy narrative
for the military industrial complex. It wants

838
01:12:38.199 --> 01:12:41.399
a war with them, So that's
why they're talking about it now at this

839
01:12:41.520 --> 01:12:44.720
time. But I think it is
true. As I said before, I

840
01:12:44.760 --> 01:12:49.920
got the one time that I got
kicked off of YouTube with a warning was

841
01:12:50.000 --> 01:12:55.159
right after this show started. I
put up a program and that lasted for

842
01:12:55.279 --> 01:12:58.880
less than a month, and I
got three strikes. One are the three

843
01:12:58.920 --> 01:13:04.520
strikes was when I said twenty twenty
was the year the world became China.

844
01:13:04.600 --> 01:13:08.600
That was the beginning, a very
beginning. The first strike I got was

845
01:13:08.640 --> 01:13:12.159
that, and then I got on
their radar and they quickly took me off.

846
01:13:13.199 --> 01:13:17.359
And so where was that coming from? You know, if the Chinese

847
01:13:17.439 --> 01:13:21.359
government has built up an online disinformation
thing, and if they are, and

848
01:13:21.399 --> 01:13:26.960
I think they probably are, this
is probably true. The onsought of attacks

849
01:13:27.000 --> 01:13:30.920
often a vile, deeply personal nature, part of a well organized, increasingly

850
01:13:30.960 --> 01:13:35.439
brazen Chinese government intimidation campaign targeting people
in the United States. It criticized the

851
01:13:35.520 --> 01:13:39.920
Chinese government. It was very critical
of the Chinese government. It's also critical

852
01:13:39.960 --> 01:13:42.279
of our own government. So it
could have been either one of them who

853
01:13:42.279 --> 01:13:44.560
wanted me kicked off, or it
could have been both of them. The

854
01:13:44.560 --> 01:13:47.279
bottom line is that you two will
do whatever the governments tell them to do

855
01:13:48.279 --> 01:13:50.960
so. Somebody from the American government
says, get David Knight off, they'll

856
01:13:50.960 --> 01:13:54.760
do it. If somebody from the
Chinese government tells them, get David Knight

857
01:13:54.800 --> 01:13:59.479
off, they'll do it. It's
kind of a race. I guess it

858
01:13:59.359 --> 01:14:02.960
was to cancel. First victims face
a barrage of tens of thousands of social

859
01:14:03.000 --> 01:14:06.560
media posts that call them traders,
dogs, racist, homophobic slurs. Now,

860
01:14:06.600 --> 01:14:12.359
this is not the approach that they
used for me. But I think

861
01:14:12.399 --> 01:14:16.479
the back door censorship by calling up
and we've seen ample evidence of that in

862
01:14:16.520 --> 01:14:21.680
the Twitter files known as spamouflage or
dragon bridge. The networks, hundreds of

863
01:14:21.680 --> 01:14:28.000
thousands of accounts spread across every major
social media platform have not only harassed Americans

864
01:14:28.039 --> 01:14:31.000
who have criticized the Chinese Communist Party, but have also sought to discredit US

865
01:14:31.039 --> 01:14:36.039
politicians, disparage American companies at odds
with China's interest, and to hijack online

866
01:14:36.079 --> 01:14:40.920
conversations around the globe that could portray
the CCP and a negative light. Now,

867
01:14:41.159 --> 01:14:44.520
I said that twenty twenty was a
year the American government became China,

868
01:14:44.560 --> 01:14:46.319
and so just look at this in
the same context of that, to say

869
01:14:46.319 --> 01:14:51.600
that the American government seeks to discredit
politicians and companies who are at odds with

870
01:14:51.640 --> 01:14:57.800
the American government's interest and to hijack
online conversations around the globe that could portray

871
01:14:57.840 --> 01:15:01.960
the American government in a negative light. We have become a CCP. When

872
01:15:02.000 --> 01:15:08.199
we come back, we're gonna talk
about the woman who would be king uh

873
01:15:08.840 --> 01:15:13.399
Nookie Haley, because that is exactly
the strategy that she wants to do.

874
01:15:14.720 --> 01:15:19.399
Elvis, the Beatles and the Sweet
Sounds of Motown. Find them on the

875
01:15:19.439 --> 01:15:40.279
Oldies channel at APS radio dot com. Using free speech to free minds,

876
01:15:42.359 --> 01:15:51.479
It's the David Knight Show. Sometimes
you want to go where everybody knows your

877
01:15:51.680 --> 01:16:03.279
name, they're always batch king you
want to be? You can see say

878
01:16:04.479 --> 01:16:15.079
you want to be everybody knows your
name. They need to verify every single

879
01:16:15.239 --> 01:16:20.079
person on their outlet because and I
want it by name, because when you

880
01:16:20.199 --> 01:16:27.840
bought smug, I've provided them with
my government. If smug is on your

881
01:16:27.920 --> 01:16:31.039
driver's license, then look, you
can put smug in parentheses. But I

882
01:16:31.119 --> 01:16:36.000
want everybody's name. I want everybody's
name. She wants to Internet to be

883
01:16:36.000 --> 01:16:41.199
a place where everybody knows your name, and it's going to just be this

884
01:16:41.279 --> 01:16:45.600
warm, fuzzy, you know,
friendly bar type of atmosphere like we had

885
01:16:45.640 --> 01:16:48.880
it cheers. You know, everybody
knows your name and they really that's what's

886
01:16:48.920 --> 01:16:51.159
being sold to you. This is
a lie that's being sold to you by

887
01:16:51.239 --> 01:16:56.399
Nikki Haley, by Jordan Peterson.
Jordan Peterson, I'm sick and tired of

888
01:16:56.439 --> 01:17:00.640
these anonymous trolls. I understand,
you know, I've I've seen that kind

889
01:17:00.680 --> 01:17:04.479
of stuff as well directed at me. And you know, people can be

890
01:17:04.640 --> 01:17:08.760
very vicious and seems like they get
even more vicious if they're anonymous, if

891
01:17:08.760 --> 01:17:11.279
they can do it behind a pseudonym
or something like that. But you know,

892
01:17:11.319 --> 01:17:15.399
hey, they've got no power over
you ultimately. But she wants to

893
01:17:15.399 --> 01:17:20.680
know everybody's name, and she is
making the argument that if we know everybody's

894
01:17:20.760 --> 01:17:26.079
name, everybody's going to be friendly
and nice. How's that working out for

895
01:17:26.159 --> 01:17:31.880
Donald Trump? Wait? Know Donald
Trump's name? You know he's he's not

896
01:17:32.039 --> 01:17:36.279
too nice? Actually? Uh no, na kon Nuki I tweeted out and

897
01:17:36.319 --> 01:17:44.079
said, so what gives warmonger Nuki
Hayley the authority to demand everybody's name that's

898
01:17:44.159 --> 01:17:48.439
using the internet? And I said, it is disqualifying that she even wants

899
01:17:48.479 --> 01:17:54.840
it. She's just another wanna be
tautalitarian. Just say no to Nuki,

900
01:17:55.880 --> 01:18:01.520
and she thinks that she's running for
dictator. It's amazing. She says,

901
01:18:01.520 --> 01:18:05.079
it's a national security threat because everything
to her is a national security threat,

902
01:18:05.079 --> 01:18:08.479
and you ought to be killed if
you get in her way. I mean,

903
01:18:08.520 --> 01:18:10.560
she's one of these people. It
doesn't just want to silence you.

904
01:18:10.640 --> 01:18:13.159
She wants to go to war with
you. She wants to kill you,

905
01:18:13.199 --> 01:18:15.560
imprison you. She is a very
dangerous person. Seriously, I'm not joking.

906
01:18:15.920 --> 01:18:24.359
She is very dangerous. Always has
been a leftist, authoritarian demagogue who

907
01:18:24.439 --> 01:18:28.640
is in her orientation, but of
course running as if she's a conservative.

908
01:18:29.279 --> 01:18:31.600
She continued to say, you know
again, let's go back to anti semitism.

909
01:18:31.960 --> 01:18:35.279
This is how we're going to sell
it. Anti Semitism is the magic

910
01:18:35.359 --> 01:18:40.319
thing, right, It's like taking
your racism up to another level. Anti

911
01:18:40.680 --> 01:18:44.800
Semitism was always bubbling underneath the surface, so now she's going to bring it

912
01:18:44.880 --> 01:18:47.640
up. Now we're seeing this massive
exaggeration of it, but no one is

913
01:18:47.680 --> 01:18:51.039
talking about it. Why. She
said, Well, the truth is,

914
01:18:51.039 --> 01:18:56.119
if you look at social media,
the misinformation and the dramatic sides of social

915
01:18:56.199 --> 01:19:00.399
media instigating this why because it's being
pushed by Russia, Iran, North Korea.

916
01:19:02.159 --> 01:19:08.039
First thing I have to do when
I become president is I've got to

917
01:19:08.079 --> 01:19:13.479
have the social media companies show America
their algorithms. Well, of course that's

918
01:19:13.479 --> 01:19:15.439
not going to happen. We're not
going to see their algorithms. Are not

919
01:19:15.479 --> 01:19:18.920
going to see their messages from the
CIA and the Biden administration or the Trump

920
01:19:18.920 --> 01:19:21.439
administration. We're not going to see
that. And then the second thing she

921
01:19:21.479 --> 01:19:25.640
says is we've got to have every
person on social media should be verified by

922
01:19:25.760 --> 01:19:30.560
their name. This will get rid
of all the Russian bots, the Iranian

923
01:19:30.600 --> 01:19:34.000
bots, the Chinese bots. How
do we get rid of a bot like

924
01:19:34.039 --> 01:19:39.159
her? You know, how do
we get rid of the demagogue bots?

925
01:19:39.520 --> 01:19:45.199
They'll just say whatever the CIA,
the Pentagon, and the CDC want them

926
01:19:45.199 --> 01:19:47.239
to say. Those kind of bots. I'm sick of the bots who are

927
01:19:47.319 --> 01:19:53.600
running for office. I'm sick of
the bots who are running our country a

928
01:19:53.640 --> 01:19:58.439
bunch of bots. We're going to
get some civility when people know that their

929
01:19:58.520 --> 01:20:01.800
name is next to what they say. No, we won't, well,

930
01:20:01.800 --> 01:20:08.119
we won't at all. This is
always, and she's being savaged everywhere for

931
01:20:08.159 --> 01:20:14.439
this, and rightfully so W and
D headline farewell cat turn. You know,

932
01:20:14.560 --> 01:20:23.319
presidential candidate wants a ban on anonymous
social media accounts Reason Nikki Haley's crazy

933
01:20:23.439 --> 01:20:27.840
plan to require verification of social media. And I said, lest anybody think

934
01:20:27.880 --> 01:20:30.239
that she's being taken out of context. So this is something she did not

935
01:20:30.479 --> 01:20:35.359
say correctly. She said it not
once but twice. It wasn't just on

936
01:20:35.720 --> 01:20:42.840
that program there, but she had
also done it on Fox News. And

937
01:20:42.960 --> 01:20:50.840
as you saw her on that podcast
The Smug Guy, he actually goes by

938
01:20:50.880 --> 01:20:57.960
the name Comfortably Smug on Twitter.
They said he was notably perturbed because he

939
01:20:58.000 --> 01:21:03.720
has an anonymous account, and so
Ron De Santis pointed it out. Glenn

940
01:21:03.800 --> 01:21:10.159
Greenwall pointed it out. Reason pointed
it out that we have a very long

941
01:21:10.199 --> 01:21:15.600
tradition of anonymity, As Reason says, it is a cherished aspect of political

942
01:21:15.600 --> 01:21:20.880
speech. Are we going to get
rid of anonymous ballots too, you know,

943
01:21:20.960 --> 01:21:26.000
so that we can stop the cheating
and stuff like that. Anyway,

944
01:21:26.079 --> 01:21:29.600
they go back and say, you
know, James Madison published the Federalist Papers

945
01:21:29.680 --> 01:21:33.399
under a pseudonym. Uh and Ron
De Santis said, you know who were

946
01:21:33.439 --> 01:21:39.520
anonymous writers back in the day.
Alexander Hamilton, John Jay, James Madison.

947
01:21:39.520 --> 01:21:42.960
They all wrote the Federalist papers.
They were not national security threats,

948
01:21:43.680 --> 01:21:47.640
nor are the many conservative Americans across
the country who exercise their constitutional right to

949
01:21:47.800 --> 01:21:51.680
speak. Well, maybe she doesn't
care about American history, or maybe Nikki

950
01:21:51.760 --> 01:22:00.159
Haley Nimroda is actually wolfully ignorant of
American history. Maybe she's just a DemoGod,

951
01:22:00.600 --> 01:22:05.680
demagogue, totlitarian who wants to get
into this. But one of the

952
01:22:05.720 --> 01:22:08.880
ones that they're not mentioned, they
are going to any detail. If you

953
01:22:08.920 --> 01:22:12.319
go back and you look at my
son says, we only want the news

954
01:22:12.359 --> 01:22:16.119
guard Ministry of truth bots. Only
our bots will be allowed. That's right.

955
01:22:17.199 --> 01:22:21.720
If you go back, though,
and you look at anonymity and you

956
01:22:21.720 --> 01:22:26.880
look at Jefferson and Madison, what
was one of the things that they did

957
01:22:26.920 --> 01:22:34.600
anonymously, Well, they did the
Kentucky Virginia Resolutions criticizing John Adams Alien and

958
01:22:34.600 --> 01:22:40.720
Sedition Acts. Why would they do
it anonymously, Well, because John Adams

959
01:22:40.840 --> 01:22:45.000
is alien and Sedition Act was an
act of tyranny, and he would have

960
01:22:45.079 --> 01:22:49.079
locked them up as being seditious.
Just like Joe Biden, very important to

961
01:22:49.079 --> 01:22:54.880
be able to have anonymity. And
by the way, you don't have anonymity

962
01:22:54.880 --> 01:22:59.680
to the government on Twitter or any
of these social media accounts. They will

963
01:22:59.680 --> 01:23:02.560
find you. So you know,
keep that in mind when you start saying

964
01:23:02.560 --> 01:23:08.159
stuff. Don't get stupid about it. Just understand that. Don't be stupid,

965
01:23:08.239 --> 01:23:10.880
like a lot of people are stupid
about January the sixth. Don't be

966
01:23:10.920 --> 01:23:19.640
stupid about this stuff. It is
ultimately not anonymous. So people pointed out,

967
01:23:19.960 --> 01:23:23.640
as I said, where do you
get the authority to do that.

968
01:23:24.680 --> 01:23:32.119
It's blatantly unconstitutional, absolutely unconstitutional for
her to to do that. She's just

969
01:23:32.159 --> 01:23:39.520
another She's just another bimbo that's been
put on a pedestal by Trump because of

970
01:23:39.560 --> 01:23:45.359
identity politics. That's all Nicki Haley
is. But she also has the support

971
01:23:45.000 --> 01:23:49.199
of big business in the military industrial
conflicts. They absolutely love what she does.

972
01:23:50.159 --> 01:23:58.199
In this Brightbart commentary, I say, the New York Times article praising

973
01:23:58.239 --> 01:24:03.760
her, ignore her giveaway offer of
cheap blue collar and white collar labor to

974
01:24:04.159 --> 01:24:10.720
investors, said, most politicians do
not know the business side of immigration.

975
01:24:11.640 --> 01:24:15.039
I said. One person who was
trying to get in a control he said,

976
01:24:15.079 --> 01:24:18.079
Nikki Haley is so out of touch. I think that her super packs

977
01:24:18.800 --> 01:24:23.760
are swaying her judgment. Yeah,
I mean she just met with Jamie Demon

978
01:24:24.560 --> 01:24:27.520
of JP Morgan, who's going to
be giving her a lot of money.

979
01:24:28.159 --> 01:24:32.000
What she was saying in terms of
we need to open things up. We

980
01:24:32.039 --> 01:24:35.520
need to let CEOs import workers and
graduates that they need. That was her

981
01:24:35.560 --> 01:24:43.520
other thing about all this. They
need these people, she said, For

982
01:24:43.680 --> 01:24:46.600
far too long, Republican and Democrat
presidents dealt with immigration based on an annual

983
01:24:46.680 --> 01:24:50.800
quota. She told room full of
supporters, we'll take x number this year,

984
01:24:50.840 --> 01:24:54.359
We'll take x number next year.
The debate is on the number.

985
01:24:54.680 --> 01:24:56.720
That's the wrong way to look at
it. We need to do it based

986
01:24:56.760 --> 01:24:59.279
on merit. We need to go
to our industries and say what do you

987
01:24:59.399 --> 01:25:03.319
need that you don't have, So
think agriculture, think tourism, think tech.

988
01:25:03.640 --> 01:25:06.239
We want the talent that's going to
make us better. And this is

989
01:25:06.279 --> 01:25:12.399
the same type of thing that Vivaate
the Snake. Ramaswami and Musk we're both

990
01:25:12.399 --> 01:25:14.439
saying, oh, we want to
have the best people on our team.

991
01:25:14.479 --> 01:25:16.159
You know, let's get we can't
find anybody any good here in America.

992
01:25:16.239 --> 01:25:19.159
Let's bring somebody in from the countries
that we came from. And that's exactly

993
01:25:19.199 --> 01:25:25.319
what she's saying here. She is
opposed to the fabric of America. That's

994
01:25:25.359 --> 01:25:28.960
her term, the fabric of America. But she's opposed to the fabric of

995
01:25:29.000 --> 01:25:35.119
America. She's opposed to people in
America having an opportunity. She wants to

996
01:25:35.119 --> 01:25:39.439
bring on other people because it's going
to benefit her, just like it benefits

997
01:25:39.520 --> 01:25:45.079
Ramaswami and Musk to bring people in
who are intelligent to work for less money

998
01:25:45.079 --> 01:25:50.079
than Americans will. Uh. And
you know it benefits her because she can

999
01:25:50.159 --> 01:25:55.520
bring in the money if she brings
in the people. She's playing to the

1000
01:25:55.600 --> 01:26:00.359
chamber of Commerce and people of that
ilk and she's playing in the military usteral

1001
01:26:00.359 --> 01:26:05.199
complex. And hopefully with this statement
about getting rid of anonymity, you understand

1002
01:26:05.279 --> 01:26:09.000
what is really behind that. That
is about setting up an Internet ID.

1003
01:26:09.720 --> 01:26:13.960
And they come at us in a
number of ways. Conservatives have typically come

1004
01:26:14.119 --> 01:26:15.680
at us by saying, well,
you know, we got all this pornography

1005
01:26:15.680 --> 01:26:21.520
problem on the Internet, so we've
got to have we've got to have a

1006
01:26:21.520 --> 01:26:25.720
way to keep kids from getting on
there. So everybody's got to have an

1007
01:26:25.760 --> 01:26:30.159
ID, or they'll come at you
with artificial intelligence. An artificial intelligence is

1008
01:26:30.199 --> 01:26:34.399
creating all these fake videos and everything. So you're going to need to have

1009
01:26:34.439 --> 01:26:42.600
an ID to prove you not the
artificial intelligence, or they'll say we got

1010
01:26:42.600 --> 01:26:45.359
all these people that Biden has let
in. It is really a problem.

1011
01:26:45.359 --> 01:26:47.479
But you know, I've got a
solution, says Ronda Santis. I'm going

1012
01:26:47.560 --> 01:26:56.720
to have a everify where you have
to get permission from the federal government.

1013
01:26:57.479 --> 01:27:00.279
They have to verify that you are
American citizens that you can get a job.

1014
01:27:01.079 --> 01:27:04.239
That solves a problem, right,
No, You solve the problem of

1015
01:27:04.800 --> 01:27:10.760
people coming in without any documents.
You solve the problem of artificial intelligence.

1016
01:27:11.159 --> 01:27:15.680
It needs to identify its fake content, not that I have to identify that

1017
01:27:15.720 --> 01:27:19.920
I'm a human being. And of
course the pornography thing is a spiritual issue

1018
01:27:19.920 --> 01:27:24.600
that you're not going to solve by
a government intervention. But they use every

1019
01:27:24.880 --> 01:27:30.680
single one of these things to push
an ID, an ID for the Internet,

1020
01:27:31.000 --> 01:27:35.399
an ID for everything, because especially
for the Internet, because they want

1021
01:27:35.399 --> 01:27:40.479
to run. They want your life
to be lived through the Internet. You

1022
01:27:40.520 --> 01:27:43.920
will buy your work, you'll trade
through the internet, especially because you're not

1023
01:27:43.920 --> 01:27:45.640
going to be allowed to go anywhere
in your fifteen minute city. So it's

1024
01:27:45.720 --> 01:27:51.319
very important for them to have control
and identification on the internet, and that

1025
01:27:53.159 --> 01:27:57.479
is why Nikki Haley is doing it, and she's unfortunately not alone, even

1026
01:27:57.520 --> 01:28:00.520
on the conservative side. Sort of
perception sos. They want to make sure

1027
01:28:00.560 --> 01:28:02.720
they can put you on a list. They need to have your name.

1028
01:28:03.479 --> 01:28:06.920
They know who we all are.
They just don't want to expose that they're

1029
01:28:06.960 --> 01:28:12.319
spying on us by going after anonymous
accounts. That's right, It gives them

1030
01:28:12.439 --> 01:28:18.760
backwards cover already doing it as Yeah, anyway, Risha m. The term

1031
01:28:19.000 --> 01:28:23.680
is it's a matter of national securities, just the cover for detalitarian government.

1032
01:28:23.680 --> 01:28:28.119
Always has been, always will be. Laurie, the most powerful effective disinformation

1033
01:28:28.279 --> 01:28:33.479
networks are those that target Christians incognito
with part truth and have infiltrated the camp

1034
01:28:34.079 --> 01:28:41.680
they aught right for example reason some
X Fox News moved into it. Yep,

1035
01:28:41.800 --> 01:28:46.720
Brian deb McCartney. This program of
knowing all on socialist media has been

1036
01:28:46.760 --> 01:28:50.479
in the works forever. It is
the timing that they're playing with as the

1037
01:28:50.560 --> 01:28:55.760
narrative shift and the sheep are identified
absolutely right. As I've said for the

1038
01:28:55.760 --> 01:29:00.239
longest time, that's what the Internet
was designed for. That was designed as

1039
01:29:00.520 --> 01:29:08.119
a surveillance and control system by a
psychologist at DARPA, JCR Licklider. And

1040
01:29:08.119 --> 01:29:13.520
then when it became the technology started
to become practical in the late nineteen nineties,

1041
01:29:13.560 --> 01:29:15.720
they jumped into it in every aspect
with all the venture capital stuff.

1042
01:29:15.720 --> 01:29:19.520
That even had the CIA create their
own venture capital firm, and they kept

1043
01:29:19.560 --> 01:29:25.000
them running, kept the cash flowing, so these guys could offer everything for

1044
01:29:25.079 --> 01:29:30.560
free. And now you know,
they've closed the gates on this ghetto,

1045
01:29:31.399 --> 01:29:34.399
now that they've got everybody roped into
social media, and you don't want to

1046
01:29:34.439 --> 01:29:38.880
go to websites anymore. By the
way, the David Night Show. Go

1047
01:29:39.000 --> 01:29:42.520
the David Night Show. Remember that
website, and that's where you'll find the

1048
01:29:42.520 --> 01:29:45.920
links to the programs. Because it
can be very difficult to find us.

1049
01:29:46.239 --> 01:29:48.960
And if you want to try to
make it a little bit easier to find

1050
01:29:49.039 --> 01:29:55.079
us, assuming that the search algorithms
on the different platforms are honest, if

1051
01:29:55.079 --> 01:29:58.359
you like us on those platforms,
I don't help people to find the broadcast.

1052
01:29:59.359 --> 01:30:03.039
So if you like us on a
bit, shoot on Rumble, on

1053
01:30:03.199 --> 01:30:09.199
Odyssey or rock Finn, when people
go to these sites, they'll be able

1054
01:30:09.239 --> 01:30:13.680
to see us better, more likely
to find us. So that is something

1055
01:30:13.680 --> 01:30:16.039
you could do to help the broadcast
quite a bit. Doesn't cost anything except

1056
01:30:16.079 --> 01:30:19.600
just a little bit of time,
Josh bed Nicky Haley. Isn't her real

1057
01:30:19.680 --> 01:30:26.960
name? That's right? Yeah,
Nimroda something else, and she I think

1058
01:30:27.000 --> 01:30:30.119
she married somebody that was named Haley. Angus mustang this from a woman who

1059
01:30:30.159 --> 01:30:32.960
doesn't use her real name. Yeah, that's that's the key point that you're

1060
01:30:33.079 --> 01:30:35.960
that you're making here that I was
a little bit slow to pick up on.

1061
01:30:38.600 --> 01:30:40.960
We want to know your real name, Nikki. That's that's what they

1062
01:30:40.960 --> 01:30:43.840
should have said. That's good,
that's what the guys the podcast should have

1063
01:30:43.880 --> 01:30:45.640
said. That would have taken her
down a notch. I would like to

1064
01:30:45.720 --> 01:30:51.199
see in her reaction come back with
that. But they're not going to challenge

1065
01:30:51.239 --> 01:30:54.920
her. Not gonna challenge her.
Well, we're going to take a quick

1066
01:30:54.960 --> 01:30:59.319
break and we'll be right back.
Stay with us. So, unlike most

1067
01:30:59.319 --> 01:31:03.119
revolutions, whether people rise against the
real economic of pressure, in our case

1068
01:31:03.159 --> 01:31:10.279
here in Boston, we are fighting
for purely an abstract principle. It is,

1069
01:31:10.319 --> 01:31:15.000
however, not nearly so abstract as
a young gentleman supposes the issue involved

1070
01:31:15.039 --> 01:31:25.520
here is one of monopoly. Today
the British government will monopolize the sale of

1071
01:31:25.600 --> 01:32:19.039
tea in our country. Tomorrow it
will be something else, liberty. It's

1072
01:32:19.319 --> 01:32:28.279
your move. You're listening to the
David Knight Show, all right. Joining

1073
01:32:28.359 --> 01:32:31.239
us now is Tony Ardaban. It's
great to have you. Tony. Whyswolf

1074
01:32:31.600 --> 01:32:36.520
dot com is his website. He
sells gold silver and he's got some great

1075
01:32:36.560 --> 01:32:43.479
structures there a community with a wolf
pack and I've always dealt with Tony and

1076
01:32:45.039 --> 01:32:47.279
he's also set up David Knight dot
gold. Let you know that you heard

1077
01:32:47.279 --> 01:32:50.079
about him through us, and so
joining us now is Tony Ardaban. Thank

1078
01:32:50.079 --> 01:32:54.520
you for joining us, Tony.
Always great to be here, David,

1079
01:32:54.520 --> 01:32:56.880
thanks for having me. What's on
your mind this week? I mean,

1080
01:32:56.920 --> 01:33:00.640
it's been an interesting week with what's
happened in the financial markets, hasn't it

1081
01:33:02.439 --> 01:33:06.720
Well. I think we anticipated this
happening eventually. Owned Jerome Powell's raised rates

1082
01:33:06.760 --> 01:33:12.680
faster than any time in history to
try to curtail the massive inflation from the

1083
01:33:12.800 --> 01:33:16.199
damage that they did to the dollar
during the COVID era, and of course

1084
01:33:16.279 --> 01:33:23.039
the economy is starting to falter because
of the addiction that the Western economies have

1085
01:33:23.199 --> 01:33:27.920
to cheap fiance currency and debt creation
through the central banks. Now that they're

1086
01:33:27.960 --> 01:33:31.239
not getting their supply, they're looking
to the supplier and saying we need it.

1087
01:33:31.399 --> 01:33:33.560
And I don't know if they're going
to get it or not, but

1088
01:33:33.600 --> 01:33:39.039
the markets certainly anticipate that. CNBC
is that there's going to be a Santa

1089
01:33:39.159 --> 01:33:42.880
rally towards the end of the year, and I thought that's pretty interesting because

1090
01:33:42.920 --> 01:33:47.239
Santa isn't real, and neither is
the stock market or these these ESG black

1091
01:33:47.359 --> 01:33:50.560
rock type companies that are out there, and I think this is I think

1092
01:33:50.600 --> 01:33:55.000
part of the course in the in
the times that we're in, David,

1093
01:33:55.079 --> 01:34:00.880
And I'm not sure that they're actually
going to lower rates. I'm really not,

1094
01:34:00.039 --> 01:34:03.800
because this is something that it's been
odd their behavior, and I think

1095
01:34:03.840 --> 01:34:09.560
you're starting to see what's really important
to these central banksters is the control of

1096
01:34:09.600 --> 01:34:14.119
the global money supply, not so
much the economies in which they rain over.

1097
01:34:14.199 --> 01:34:15.319
I mean, they can pick winners
and losers. And again, I'm

1098
01:34:15.359 --> 01:34:18.560
not saying that they won't lower rates, but I'm not one hundred percent sure.

1099
01:34:18.600 --> 01:34:23.600
I'm not one of these analysts on
CNBC I don't buy into the to

1100
01:34:23.720 --> 01:34:27.279
the stock market. Most of it's
absolutely fake, as you and I discussed

1101
01:34:27.279 --> 01:34:30.600
pretty much every week here, and
I certainly wouldn't be one of these traders

1102
01:34:30.600 --> 01:34:34.560
that's going to get really excited about
it. But you're going to see that.

1103
01:34:34.640 --> 01:34:39.279
I think you're going to see people
thinking that happy times are here again.

1104
01:34:39.359 --> 01:34:43.159
And I'm not so sure. Yeah, there was a headline on zero

1105
01:34:43.239 --> 01:34:48.439
hedge. Some may want to buy
insurance on this tiny zero point one percent

1106
01:34:49.079 --> 01:34:57.079
CPI miss. In other words,
inflation increase that sparked a face ripping rally.

1107
01:34:57.520 --> 01:34:59.840
And that's the key thing. You
know, people have been looking at

1108
01:34:59.840 --> 01:35:01.319
the and thinking, well, you
know, how much longer are they going

1109
01:35:01.399 --> 01:35:05.199
to go before they lower interest rates? As Gerald Celentia said, we got

1110
01:35:05.199 --> 01:35:09.319
an election coming up. They want
to, you know, do some artificial

1111
01:35:09.319 --> 01:35:13.720
stimulation to the economy to probably lower
the interest rates just before the election,

1112
01:35:14.399 --> 01:35:16.960
and and you know, try to
bring that about. And so with this

1113
01:35:17.159 --> 01:35:20.680
tiny, teeny tiny thing, they
said, well, we'd expected inflation to

1114
01:35:20.720 --> 01:35:26.399
go up this much and because it
according to our statistics, which is you

1115
01:35:26.439 --> 01:35:29.720
point out, we know they always
lie. They always lie about the unemployment

1116
01:35:29.800 --> 01:35:32.600
numbers, they lie about the consumer
price index, and they always even go

1117
01:35:32.720 --> 01:35:38.560
back and readjust previous quarter in order
to make the trend look better. You

1118
01:35:38.600 --> 01:35:42.720
know, so they do all these
obvious lies, and based on this obvious

1119
01:35:42.800 --> 01:35:45.760
lie, you have this massive stock
market rally, and everybody said, that's

1120
01:35:45.800 --> 01:35:48.119
it. They're not gonna they're not
gonna raise interest rates anymore, and they

1121
01:35:48.159 --> 01:35:51.079
may actually start lowering them. And
so that's really what this whole, this

1122
01:35:51.119 --> 01:35:56.399
whole rally was based upon, was
the fact that they put that out there.

1123
01:35:56.520 --> 01:36:00.840
There was really even if you believed
it was true, there was nothing

1124
01:36:00.920 --> 01:36:03.960
much that had changed. But they
saw this as a signal from the Fed

1125
01:36:04.000 --> 01:36:06.520
that maybe they were going to ease
up, and they wanted to believe that.

1126
01:36:06.600 --> 01:36:12.279
I think because of what's coming around
with the election, so much of

1127
01:36:12.319 --> 01:36:15.119
it the economy and everything's really tied
to the monetary policy, which is why

1128
01:36:15.119 --> 01:36:18.399
they started the Federal Reserve in the
first place. You know, I was

1129
01:36:18.439 --> 01:36:23.880
reading something yesterday, just statistics on
what happened after we went off the gold

1130
01:36:23.880 --> 01:36:28.039
standards. That's where my mind always
goes my wheelhouse. Gold was up two

1131
01:36:28.079 --> 01:36:31.880
thousand percent from nineteen seventy one.
In nineteen seventy nine. It was the

1132
01:36:31.920 --> 01:36:36.760
stock market. Has the stock market
kept pace with our inflation? Really think

1133
01:36:36.840 --> 01:36:41.079
so? I think that's why they
want to put people in all these financial

1134
01:36:41.119 --> 01:36:44.279
products. I mean, when you
were a kid, not every commercial was

1135
01:36:44.279 --> 01:36:46.439
about financial products like it is now, whether you're four to one k's or

1136
01:36:46.479 --> 01:36:51.359
iras or what stoock or what trading
platform to be on. That's so ubiquitous

1137
01:36:51.359 --> 01:36:59.199
now because we're losing purchasing power in
our currency every single day, and the

1138
01:36:59.239 --> 01:37:00.920
powers that be I think, you
know, looking at the global picture,

1139
01:37:00.920 --> 01:37:03.960
which is really where you need to
look when you're thinking about currency, is

1140
01:37:04.000 --> 01:37:11.399
where is the dollar going, you
know, losing its its share of purchasing

1141
01:37:12.439 --> 01:37:16.319
statistics. Looking at the share of
the dollar used being used as a currency

1142
01:37:16.319 --> 01:37:19.199
around the world, two thousand and
one, it was seventy five percent.

1143
01:37:19.479 --> 01:37:23.880
Twenty twenty three, it's forty six
percent. So we're seeing this decline in

1144
01:37:23.960 --> 01:37:27.600
the dollar being used as the world's
reserve currency. Even Iraq. I saw

1145
01:37:27.760 --> 01:37:33.199
a tweet on gold Telegraph a rack
has stopped. It's illegal to use dollars

1146
01:37:33.319 --> 01:37:38.680
or to withdraw them, or to
take part in the Iraqi economy with dollars

1147
01:37:38.720 --> 01:37:42.199
now, which is a huge departure
from where when I went in, they

1148
01:37:42.239 --> 01:37:46.039
lost their currency overnight. I got
to see their currency with the gnar with

1149
01:37:46.319 --> 01:37:49.399
Saddam on the face. I got
to see that die in real time.

1150
01:37:49.760 --> 01:37:54.439
Now, people were running out of
the banks with boxes of paper notes that

1151
01:37:54.479 --> 01:37:58.439
nobody wanted, and they used dollars. So that's a that's a massive shift

1152
01:37:58.840 --> 01:38:01.640
where they're not even allowed to use
them anymore. So I think that's happening

1153
01:38:01.680 --> 01:38:05.800
more and more around the world.
The dollar is the enemy, especially to

1154
01:38:05.880 --> 01:38:11.520
these petroleum rich countries that may or
may not be on the United States head

1155
01:38:11.560 --> 01:38:15.199
list or you know, because we
have the forty different sanctions in thirty six

1156
01:38:15.239 --> 01:38:18.199
different countries. Another thing that popped
up that I thought was really interesting and

1157
01:38:18.239 --> 01:38:21.239
I've wondered why for years, David, there's a miracle up on Kiko.

1158
01:38:21.600 --> 01:38:27.319
I love your take on this.
There's an article up on Kiko where there's

1159
01:38:27.319 --> 01:38:32.359
an investigator who's trying to piece together
the crew holdings of China, of the

1160
01:38:32.399 --> 01:38:36.520
gold holdings of China, because I've
often wondered why did they they secret they

1161
01:38:36.560 --> 01:38:42.119
stealthily bought gold starting at the beginning
of this century. They've been stealthily buying,

1162
01:38:42.399 --> 01:38:46.039
not putting it on their books.
Gold is not exported from China.

1163
01:38:46.239 --> 01:38:51.359
China has sixty thousand gold mines.
Sixty thousand wow. And so somebody was

1164
01:38:51.399 --> 01:38:55.800
piecing this together and thought, okay, let's look at the actual numbers that

1165
01:38:55.840 --> 01:39:00.119
flowed through the Shanghai Exchange and what
didn't flow out. And so this one

1166
01:39:00.119 --> 01:39:04.720
one investigator has estimated that China actually
has thirty three thousand tons. Wow,

1167
01:39:05.079 --> 01:39:11.520
and what that's in their populace and
then nationally held about sixteen thousand tons.

1168
01:39:11.880 --> 01:39:15.720
Wow. Well, right now,
supposedly the United States is the world leader

1169
01:39:15.239 --> 01:39:18.880
in gold holdings because we haven't been
in that buyer since the fifties. We

1170
01:39:18.920 --> 01:39:23.720
haven't been adding to our supply since
the nineteen fifties. We have about eight

1171
01:39:23.760 --> 01:39:29.359
thousand tons. So this investigator,
I thought this was a really interesting article.

1172
01:39:30.079 --> 01:39:33.239
China's stealthily buying under the radar,
using their exchanges, using their gold

1173
01:39:33.279 --> 01:39:35.880
mines, their nationally controlled gold mines. As a matter of fact, Robert

1174
01:39:35.960 --> 01:39:41.880
Kiyosaki, who wrote Rich Dad Portaut
had a massive goldfinding in China as a

1175
01:39:41.920 --> 01:39:45.079
private you know, corporation, went
in there and an investor. He found

1176
01:39:45.159 --> 01:39:47.279
the gold. He had investors.
He went to go pull it out of

1177
01:39:47.319 --> 01:39:51.920
the earth and China stopped his permit
and they took it over and nationalized the

1178
01:39:53.000 --> 01:39:58.640
mind. So they are hoarding gold, keeping gold inside their borders, and

1179
01:39:59.239 --> 01:40:02.000
they could have twice as much gold
as the United States, which would give

1180
01:40:02.000 --> 01:40:06.399
them leverage to step in and say
not buying, which they're not buying treasuries

1181
01:40:06.439 --> 01:40:10.479
anymore. And I know that Janet
yell At thinks she can pay for two

1182
01:40:10.520 --> 01:40:15.119
Wars, two more wars on the
credit card, but you know the main

1183
01:40:15.239 --> 01:40:19.680
lender is dumping US. So China
is dumping the treasury and buying gold.

1184
01:40:19.720 --> 01:40:24.760
So there's something I think geopolitically.
I know that I'm not supposed to go

1185
01:40:24.800 --> 01:40:28.199
because CNBC tells me there's going to
be a Santa rally and everything's okay.

1186
01:40:28.239 --> 01:40:33.000
But I'm not so sure. When
when China becomes the world leader in gold

1187
01:40:33.640 --> 01:40:38.680
holdings, I think that changes the
game significantly. Yeah, I agree.

1188
01:40:38.760 --> 01:40:43.640
And when you look at Janet Yelling, I think she's had too many mushrooms

1189
01:40:43.640 --> 01:40:48.439
in China. I think that somehow
called her judgment that or the power one

1190
01:40:48.520 --> 01:40:51.640
or the other. The mushrooms or
the power has gone to her head.

1191
01:40:53.159 --> 01:40:55.600
She doesn't know what she's talking about. But I think you're right. Yeah,

1192
01:40:55.840 --> 01:41:00.479
the Chinese take a very very long
term approach, don't they, you

1193
01:41:00.520 --> 01:41:02.560
know, for everything that they do, and it is a criminal organization,

1194
01:41:02.520 --> 01:41:06.840
as you point out, coming in
and nationalizing the gold mine that he finds.

1195
01:41:06.960 --> 01:41:11.199
As you were talking about that,
it made me think of the small

1196
01:41:11.239 --> 01:41:14.640
time crooks that we've got in this
country, like the FBI who went in

1197
01:41:14.720 --> 01:41:17.560
that. You remember the story of
these guys who found a Civil war gold

1198
01:41:18.239 --> 01:41:20.359
and you know, they had to
report it to the federal government. The

1199
01:41:20.439 --> 01:41:23.960
FBI comes in and says, we'll
take a look at this, and they

1200
01:41:24.159 --> 01:41:28.079
kick the guys out, and there's
all this noise going on, and you

1201
01:41:28.119 --> 01:41:30.760
know, machinery and everything for several
days and they can't come in and look

1202
01:41:30.760 --> 01:41:33.119
at it. And then the FBI
comes out and says, now there's nothing

1203
01:41:33.159 --> 01:41:42.439
there not Now there isn't And so
you know, tell the Audi. I

1204
01:41:42.439 --> 01:41:45.520
hear these stories all the time.
I was in my bank of Missouri.

1205
01:41:45.680 --> 01:41:48.880
The teller there a few months ago
was telling me. He says, well,

1206
01:41:48.960 --> 01:41:56.560
my family they bought a table and
an auction and they were wondering why

1207
01:41:56.560 --> 01:41:59.039
I was so heavy for so many
years, why is his table so heavy?

1208
01:41:59.079 --> 01:42:01.119
And then finally they want the legs
came off and they looked in and

1209
01:42:01.159 --> 01:42:05.479
somebody stacked twenty dollar gold pieces in
the way, like Paul Away, and

1210
01:42:05.520 --> 01:42:10.000
so it was this point, mean
they had maybe a two hundred, I

1211
01:42:10.039 --> 01:42:11.479
don't know how many they had.
It it was a lot, I mean,

1212
01:42:11.520 --> 01:42:14.960
she said, was the legs were
full of twenty dollars gold pieces,

1213
01:42:15.520 --> 01:42:20.479
and they called the FBI. Why
you know all the table and I people

1214
01:42:20.520 --> 01:42:25.239
find of course they lost the gold. Yeah, they turned it in,

1215
01:42:25.359 --> 01:42:28.079
lost the gold and because they can
ever get it back, and there has

1216
01:42:28.119 --> 01:42:32.199
to be an investigation because it does
you know, nineteen thirty three pre nineteen

1217
01:42:32.239 --> 01:42:35.720
thirty three gold coins, and so
this was considered gold hoarding, you know.

1218
01:42:35.800 --> 01:42:40.560
So, I mean it's long since
been lifted to executive orders to Gerald

1219
01:42:40.560 --> 01:42:44.079
Ford that you can illegally own gold. But that's something that FDR. Did

1220
01:42:44.239 --> 01:42:46.399
you hear this these stories all the
time. Somebody found a lot, you

1221
01:42:46.439 --> 01:42:50.640
know, because people after nineteen thirty
three started burying the gold. Not everybody

1222
01:42:50.680 --> 01:42:55.239
turned it in. Have evidence of
that in my shop because I buy these

1223
01:42:55.279 --> 01:42:59.600
coins all the time. So if
you find gold coins, just call wise

1224
01:42:59.640 --> 01:43:02.720
Wolf. I'll tell you what you
can do with them. You own them

1225
01:43:02.760 --> 01:43:06.279
I don't know what the why you
would call law enforcement. Let's it's something

1226
01:43:06.319 --> 01:43:10.079
I don't know. But if you
if you're on your land or it's your

1227
01:43:10.119 --> 01:43:13.119
item, I'm pretty sure you own
it. Well it was it was in

1228
01:43:13.199 --> 01:43:15.880
this particular case. It was like
National park Land or something like that,

1229
01:43:15.920 --> 01:43:17.359
and it was tons of gold and
so you know, it's like, there's

1230
01:43:17.399 --> 01:43:21.840
no they're going to be able to
hide that. But I thought it was

1231
01:43:23.039 --> 01:43:26.640
amazing. It was just, you
know, in your face theft and they're

1232
01:43:26.640 --> 01:43:29.279
trying to sue them in court and
try to get This thing has been going

1233
01:43:29.279 --> 01:43:30.680
on now for years. The first
time I talked about it was about four

1234
01:43:30.720 --> 01:43:34.520
or five years ago. But yeah, it is that. That's kind of

1235
01:43:34.560 --> 01:43:39.000
the little penny anyway that our government
steals from us. But of course,

1236
01:43:39.279 --> 01:43:42.840
you know the Chinese Communists will come
in and just say nope, that's mine.

1237
01:43:43.000 --> 01:43:44.880
You know, you're out of here, and they do that. All

1238
01:43:45.039 --> 01:43:47.239
that's part of the China price.
You always have to have. The Chinese

1239
01:43:47.319 --> 01:43:50.640
Communists have to be your partners in
it, you know, the upper ranking

1240
01:43:50.880 --> 01:43:56.920
people, and they will steal your
goal mine. They will steal the plans

1241
01:43:57.000 --> 01:44:01.239
that General Motors had for a car
and do it in competition to them and

1242
01:44:01.239 --> 01:44:05.279
and release it a couple of weeks
before GM releases their car. They do

1243
01:44:05.319 --> 01:44:10.439
that all the time. You know, it's the piracy that the intellectual theft,

1244
01:44:10.479 --> 01:44:14.479
and then just the outright theft of
whatever it is that they're working on.

1245
01:44:14.800 --> 01:44:17.560
But you know, there's also when
we look at this, it's what's

1246
01:44:17.560 --> 01:44:21.560
happening with gold, it's the financial
markets, it's the inflation and everything else,

1247
01:44:21.600 --> 01:44:25.680
and the manipulation of the prices as
you point out, and you know,

1248
01:44:25.720 --> 01:44:29.680
whatever China is doing and whatever is
happening in the Shanghai the paper gold

1249
01:44:29.760 --> 01:44:34.359
market. A lot of discussion about
that. But there's also this this report

1250
01:44:34.479 --> 01:44:43.520
from actually from a trend's journal about
how top bankers are dumping their bank stocks

1251
01:44:44.159 --> 01:44:46.800
and and this is happening is of
course banks everywhere, especially in the UK.

1252
01:44:46.840 --> 01:44:50.199
They've talked a lot about it,
dumping their customers. You know,

1253
01:44:50.319 --> 01:44:54.960
it's looking more and more like,
you know, the banks are in a

1254
01:44:55.000 --> 01:45:00.960
difficult position. You've got the commercial
real estate issue is to be affecting the

1255
01:45:00.039 --> 01:45:06.199
middle sized and small banks because when
you had the two thousand and eight crash,

1256
01:45:06.319 --> 01:45:09.760
they came up with new rules for
the big banks that were too big

1257
01:45:09.760 --> 01:45:13.359
to fail, but they still let
the small and medium sized banks get into

1258
01:45:13.399 --> 01:45:15.920
these risky loans for commercial real estate, and now they're at big risk for

1259
01:45:15.960 --> 01:45:19.399
that because that is all going belly
up. There's going to be a sweeping

1260
01:45:19.479 --> 01:45:25.880
erasure of small banks, and then
the big banks are out there killing people's

1261
01:45:25.920 --> 01:45:30.119
bank accounts for no reason. All
thousands of people in the UK every year

1262
01:45:30.359 --> 01:45:33.520
are just getting kicked off now of
their bank accounts without any explanation or recourse.

1263
01:45:33.800 --> 01:45:36.720
Who saw with Nigel Farage when they
did to him, because he was

1264
01:45:38.000 --> 01:45:41.319
well known, he was able to
reverse this. But that's not happening for

1265
01:45:41.359 --> 01:45:44.159
most of the people. The thousands
of other people who are having that happen

1266
01:45:44.199 --> 01:45:47.680
to them. This war game this
out a little bit. You go back

1267
01:45:47.720 --> 01:45:53.520
to FTX and Sam Bank man Fried. You have that total collapse, and

1268
01:45:53.720 --> 01:45:57.079
it has to be crypto because crypto
is the enemy. You know. There's

1269
01:45:57.319 --> 01:46:00.720
all this speculation and it's all a
scam. Of course, that causes the

1270
01:46:00.760 --> 01:46:06.319
stress and the collapse of Silicon Valley
Bank and banks like Silvergate which I used

1271
01:46:06.359 --> 01:46:12.520
to send my wires to to get
my bitcoin, and all these regional banks

1272
01:46:12.720 --> 01:46:15.960
start having all the stress and some
get bought up, and I think that

1273
01:46:15.079 --> 01:46:20.039
was always the point. It's it's
always consolidation into the larger and larger banks,

1274
01:46:20.319 --> 01:46:25.840
and this is a pathway to central
bank digital currency because you only you're

1275
01:46:25.840 --> 01:46:28.159
going to have just a few different
banks, kind of like you have a

1276
01:46:28.159 --> 01:46:30.840
few different companies. We're really really
a two or three, you know,

1277
01:46:30.920 --> 01:46:35.520
with the with media holdings, right
that are parent companies. So the same

1278
01:46:35.520 --> 01:46:39.520
thing with the banks, and they're
all auditioning to see which one is going

1279
01:46:39.560 --> 01:46:43.560
to better roll out fed Now what's
going to be the bones and structure of

1280
01:46:43.600 --> 01:46:46.560
the central bank digital currency? You
know? And maybe you're going to be

1281
01:46:46.720 --> 01:46:50.920
de banked. But it's okay because
you can download your app from the Federal

1282
01:46:50.960 --> 01:46:56.199
Reserve and get your central bank digital
currency with with your biometric data, David,

1283
01:46:56.399 --> 01:46:59.239
David, it'll be it'll be attached
to you through blockchain, so it's

1284
01:46:59.239 --> 01:47:02.720
safe and we can control the money
supply and won't we've had too much inflation

1285
01:47:02.800 --> 01:47:06.319
and the answer to that is a
central bank digital currency. It's always problem

1286
01:47:06.399 --> 01:47:11.239
reaction solution, them causing the problem
in the first place, laming it on

1287
01:47:11.279 --> 01:47:15.119
something else that has nothing to do
with it. And I think I think

1288
01:47:15.119 --> 01:47:17.359
that's what this is all about.
I saw the same articles, and I

1289
01:47:17.359 --> 01:47:21.560
think there's a delayed reaction not to
cause a bank panic. I think maybe

1290
01:47:21.560 --> 01:47:25.359
there was a deal they were told
not to sell off their stocks until now

1291
01:47:25.399 --> 01:47:30.359
there's been a bit of a delay
in what happened with Silvergate and what happened

1292
01:47:30.399 --> 01:47:33.119
with Silicon Valley Bank, and that
those regional bank stressors. I think they're

1293
01:47:33.159 --> 01:47:35.960
going to see more and more of
those closures, and the big banks are

1294
01:47:36.000 --> 01:47:41.159
going to buy them up and buy
their assets, and we're going to be

1295
01:47:41.520 --> 01:47:44.560
in the middle of it because a
lot of us are going to be debanked.

1296
01:47:44.640 --> 01:47:45.760
I agree. Yeah, I think
we're going to see the same type

1297
01:47:45.760 --> 01:47:48.159
of narrative that we saw with the
big social media companies. Well, they

1298
01:47:48.199 --> 01:47:50.920
are corporations. They can do whatever
they want, private corporations. So we

1299
01:47:50.960 --> 01:47:55.920
find out later on what we always
knew was that they were taking orders from

1300
01:47:55.960 --> 01:47:58.640
the government to do this kind of
stuff. So if you get these,

1301
01:47:58.840 --> 01:48:02.119
you know, you wind up things
like the commercial real estate and other issues

1302
01:48:02.159 --> 01:48:08.399
like that start making These small banks
and medium sized banks got a business left

1303
01:48:08.439 --> 01:48:11.600
and right, and then you got
the big guys that are the ones left

1304
01:48:11.600 --> 01:48:14.439
standing, and you know, hey, they're private so they if they want

1305
01:48:14.479 --> 01:48:16.800
to kick your bank account out,
they can, and they're but don't worry,

1306
01:48:16.840 --> 01:48:23.359
because we're the government and FED now
is going to UH and FED coin.

1307
01:48:23.520 --> 01:48:26.359
You can use that kind of stuff, and we'll we'll give you the

1308
01:48:26.359 --> 01:48:29.880
banking thing. These private banks,
you know, they're they're not nice guys,

1309
01:48:29.880 --> 01:48:32.520
but we're great guys. We're we're
the government, and so we're going

1310
01:48:32.560 --> 01:48:36.960
to let you come in and have
your bank account here as the provider of

1311
01:48:38.000 --> 01:48:42.199
banking services the last resort. And
of course it'll all come with CBDC and

1312
01:48:42.239 --> 01:48:44.600
the digital ID and all the rest
of this stuff. But you know they'll

1313
01:48:44.640 --> 01:48:47.520
be they'll position themselves as as a
feature, not as a bug, as

1314
01:48:47.520 --> 01:48:50.520
a savior, not as a censor. I think is what they're going to

1315
01:48:50.560 --> 01:48:57.119
do. I think the the I
M S came out and they and they

1316
01:48:57.159 --> 01:49:00.880
said yesterday, oh, the climate
is really good right now for central bank

1317
01:49:00.960 --> 01:49:04.960
digital currency, and they're laying that
out. This is the next move that

1318
01:49:05.039 --> 01:49:09.159
central banks are going to make.
Yeah, no kidding, that's I think

1319
01:49:09.319 --> 01:49:13.640
the IMF and then they have the
unicoin that they were proposing, so all

1320
01:49:13.640 --> 01:49:17.239
these the central banks of central banks, in the Bank of International settlements talking

1321
01:49:17.239 --> 01:49:23.239
about the same thing. It's always
some creative destruction at the beginning, and

1322
01:49:24.000 --> 01:49:27.319
you know, we're going to for
safety and we have to regulate this,

1323
01:49:27.560 --> 01:49:30.479
and these smaller institutions don't have the
capacity to regulate. It's kind of why

1324
01:49:30.560 --> 01:49:33.720
they've they've pushed out a lot of
the small operators in the crypto business.

1325
01:49:33.800 --> 01:49:38.039
David, you better have some money
now. I was some of the first

1326
01:49:38.279 --> 01:49:43.079
bitcoin ATMs back in twenty sixteen,
twenty seventeen, and those days are long

1327
01:49:43.119 --> 01:49:45.159
gone. You can hardly even get
a bank account now. I had to

1328
01:49:45.199 --> 01:49:49.000
sell off most of that business.
It's very tough to get into a new

1329
01:49:49.039 --> 01:49:51.520
bunch of regulations, you know,
if you want to get a deal with

1330
01:49:51.560 --> 01:49:55.119
crypto and everything, more of these
know your customer rules. I mean,

1331
01:49:55.119 --> 01:49:58.560
they're ramping this stuff up to make
it absolutely impossible to do any of this

1332
01:49:58.600 --> 01:50:01.479
stuff. Jason Barker's we're talking about
that stuff. Civil asset forfeit. Youre

1333
01:50:01.479 --> 01:50:04.359
azs why they did with the gold. We don't have to accuse you of

1334
01:50:04.359 --> 01:50:08.640
a crime, We just just take
it there. Honor Seeker says, at

1335
01:50:08.680 --> 01:50:13.520
least John Dillinger had some dignity as
opposed our federal government when they rob the

1336
01:50:13.520 --> 01:50:15.720
banks. But of course they're going
to rob the banks and they're going to

1337
01:50:15.800 --> 01:50:19.199
rob us as well. That's really
true, Angry Tiger. They must consolidate

1338
01:50:19.800 --> 01:50:25.319
in order to usher in CBDC.
I agree absolutely, and angus mustang thank

1339
01:50:25.319 --> 01:50:28.039
you very much for the Tippy said
soon. So now we would have to

1340
01:50:28.119 --> 01:50:31.960
verify our identity to use social media, but not to vote. Yeah,

1341
01:50:31.960 --> 01:50:36.279
you'll never have to use your identity
to vote. You'll always be able to

1342
01:50:36.880 --> 01:50:42.479
do that without probably your digital ID
or your CBDC or anything else. You

1343
01:50:42.520 --> 01:50:45.600
know, you can just always go
in and and pull a lever, and

1344
01:50:45.640 --> 01:50:48.600
they'll pull a lever for you even
if you're not there. I think vote

1345
01:50:48.600 --> 01:50:51.800
early and often. That's why you
don't need your biometrics. You don't need

1346
01:50:51.880 --> 01:50:55.920
you don't need your digital wallet to
do that. You can just show up.

1347
01:50:56.079 --> 01:51:00.199
Yeah, that's right. Well,
you know again this article here silver

1348
01:51:00.199 --> 01:51:04.960
and gold, why paper still moves
the physical prices and that is one of

1349
01:51:05.000 --> 01:51:11.119
the things you know. I in
my IRA, we put it into some

1350
01:51:11.239 --> 01:51:15.279
of the ETFs, you know,
like g l D and SLV, and

1351
01:51:15.319 --> 01:51:18.720
then I noticed that they were not
moving. Uh, the spot price was

1352
01:51:18.760 --> 01:51:21.720
moving. As it's something phony is
going on here, and I started looking

1353
01:51:21.800 --> 01:51:25.680
at it. You know, talk
about the difference with that. We've mentioned

1354
01:51:25.720 --> 01:51:28.000
that before. How you know,
a lot of people get into it that

1355
01:51:28.039 --> 01:51:30.600
way because it's an easy way to
trade it. You know, you buy

1356
01:51:30.640 --> 01:51:34.680
it for a tenth of what you
know, they sell it. The price

1357
01:51:34.760 --> 01:51:40.439
is one tenth of kind of I
guess the supposedly of whatever the price of

1358
01:51:40.439 --> 01:51:42.600
gold is. Of course, that's
a lot of different places where you can

1359
01:51:42.600 --> 01:51:45.560
price it, but it's like a
one tenth of an ounce that you can

1360
01:51:45.560 --> 01:51:48.239
get into it, and it's as
easy to buy or sell as a piece

1361
01:51:48.239 --> 01:51:51.239
of stock is. And so a
lot of people get into the paper gold

1362
01:51:51.279 --> 01:51:57.680
and paper silver. Talk a little
bit about that decoupling and what it is

1363
01:51:57.680 --> 01:52:01.279
really behind it. You already mentioned, you know, the kind of secret

1364
01:52:01.359 --> 01:52:08.239
gold stash that China's got. Does
that figure into this kind of manipulation of

1365
01:52:08.319 --> 01:52:12.680
the of the paper gold? How
does that? How do you see that?

1366
01:52:13.880 --> 01:52:17.640
I think so? And we talked
about gold holdings of these countries are

1367
01:52:17.840 --> 01:52:24.000
more secret than their nuclear facilities,
nuclear weapons of the public than the gold

1368
01:52:24.039 --> 01:52:27.760
holdings. And now this is this
is an underlying war. Who gets to

1369
01:52:27.760 --> 01:52:31.079
control the money supply? Of the
world and the reason that in the West

1370
01:52:31.159 --> 01:52:34.960
and especially our exchanges, in my
opinion, and there's been a lot of

1371
01:52:34.960 --> 01:52:40.800
great journalism far beyond what I understand. They control the paper market of gold

1372
01:52:40.840 --> 01:52:44.800
to suppress the price of gold,
because the dollars at war with gold has

1373
01:52:44.840 --> 01:52:47.560
been since nineteen seventy one. Because
once we decouple from the gold standard,

1374
01:52:47.600 --> 01:52:51.359
Richard Nixon took us off of it, closed the gold window. We have

1375
01:52:51.359 --> 01:52:55.840
a free floating currency. We have
a fiat currency which is Latin for by

1376
01:52:55.920 --> 01:53:00.640
decree, and so it's it's back
by nothing. Gold is out there on

1377
01:53:00.680 --> 01:53:03.720
its own, still being the world's
reserve currency, if you will, but

1378
01:53:03.800 --> 01:53:08.840
not really called that. It's just
a commodity. So when gold prices go

1379
01:53:09.000 --> 01:53:13.279
up, you're what you're seeing is
the decline of the purchasing power of the

1380
01:53:13.319 --> 01:53:16.800
dollar. So they in the nineteen
seventies you had, like I said earlier,

1381
01:53:16.880 --> 01:53:21.439
two two thousand percent increase in the
price of gold. So they had

1382
01:53:21.439 --> 01:53:27.239
to raise interest rates to the teams
to stop the loss of purchasing power in

1383
01:53:27.279 --> 01:53:30.640
the dollar. And that's what was
under Paul Volker in the Federal Reserve.

1384
01:53:31.079 --> 01:53:35.560
And so right after that they really
controlled the paper markets, David, you

1385
01:53:35.560 --> 01:53:40.720
can see them stepping in and in
the silver market alone. And I have

1386
01:53:40.960 --> 01:53:45.720
some very smart people I follow have
noted that. You know, in times

1387
01:53:45.760 --> 01:53:50.880
when people have tried to get the
silver market to spike by buying silk,

1388
01:53:50.920 --> 01:53:57.000
physical silver, like in February of
twenty twenty one, they bought out every

1389
01:53:57.039 --> 01:54:00.840
dealer I knew was out of silver, and the next day that the price

1390
01:54:00.920 --> 01:54:03.840
went down in the spot price.
No one could find it, but it

1391
01:54:03.920 --> 01:54:09.039
was gone. And the reason is
because the paper market sold off one point

1392
01:54:09.119 --> 01:54:13.920
five times the annual supply in one
day. They sold it. It looked

1393
01:54:14.000 --> 01:54:16.439
like it was being dumped. So
the same thing with gold. How do

1394
01:54:16.479 --> 01:54:20.239
you really know? It's hard to
say, but the central banks, again

1395
01:54:20.319 --> 01:54:26.760
working hand in glove with the bullion
houses, can manipulate that and they can

1396
01:54:26.800 --> 01:54:30.800
make it look like that gold is
being sold off or it's not as sought

1397
01:54:30.840 --> 01:54:33.880
after. I promise you, if
you took away the paper markets and it

1398
01:54:33.920 --> 01:54:39.239
was you were forced to get physical
in your hand gold or silver, those

1399
01:54:39.319 --> 01:54:43.199
prices would be dramatically different. I
don't know what they would be, but

1400
01:54:43.279 --> 01:54:45.760
it would be different than what you're
looking at. Now. That's the true,

1401
01:54:45.239 --> 01:54:49.199
the true manipulation is to suppress it, which is kind of flies in

1402
01:54:49.199 --> 01:54:53.479
the face of what normal people think, because if you're doing inside or trading,

1403
01:54:53.479 --> 01:54:56.319
you want to get that price to
spike or you want to get some

1404
01:54:56.439 --> 01:55:00.520
kind of profit from it, and
so it's it's countering two what we understand.

1405
01:55:00.560 --> 01:55:06.119
But that is the United States in
the Federal Reserve or war with gold.

1406
01:55:06.239 --> 01:55:10.319
They have been for a while and
that's going to continue. And that's

1407
01:55:11.039 --> 01:55:14.279
especially when we talk about those gold
holdings we haven't added to. There's only

1408
01:55:14.279 --> 01:55:17.079
one central bank not buying it.
It's US, the United States, and

1409
01:55:17.239 --> 01:55:20.159
is not buying It's not in that
buyer of gold anymore and hasn't been since

1410
01:55:20.159 --> 01:55:25.439
the nineteen fifties. Yeah, yeah, Harps says paper, gold and silver

1411
01:55:26.039 --> 01:55:29.319
are really just expensive toilet paper.
You know when you look at all of

1412
01:55:29.359 --> 01:55:30.560
this stuff. The way they can
manipulate it, and that's the key thing.

1413
01:55:31.359 --> 01:55:34.359
You know, real money is what
you hold, and real money is

1414
01:55:34.399 --> 01:55:41.319
gold, and so you have to
it is they have so many different ways

1415
01:55:41.319 --> 01:55:44.439
that they can manipulate the market.
You know, just as the Federal Reserve

1416
01:55:44.520 --> 01:55:48.359
can just out of thin air,
you know, create money, Wall Street

1417
01:55:48.359 --> 01:55:50.239
can do the same thing. I
mean, just look at the way they

1418
01:55:50.319 --> 01:55:55.720
spend these narratives and so forth.
But for the longest time, as I

1419
01:55:55.880 --> 01:56:00.960
pointed out earlier this week, Moderna
went for over a decade, had no

1420
01:56:00.079 --> 01:56:05.359
product, but they kept making tons
of money with great stories on Wall Street.

1421
01:56:05.399 --> 01:56:09.159
They give people this great story about
this new product that's going to be

1422
01:56:09.159 --> 01:56:12.319
coming along, and everybody would buy
their stock, they would cash in some

1423
01:56:12.359 --> 01:56:15.439
stuff, and they would keep going, and then that wouldn't pan out,

1424
01:56:15.479 --> 01:56:17.520
so then they would come up with
another story about another product that was also

1425
01:56:17.640 --> 01:56:25.239
vaporware until they got to Trump.
But I saw that with Blockbuster Video,

1426
01:56:25.520 --> 01:56:29.560
they were able to put that on
the stock market because we were competing with

1427
01:56:29.600 --> 01:56:32.359
them, they were able to get
unlimited amounts of money from the stock market,

1428
01:56:33.159 --> 01:56:38.439
even though they were losing money every
single year. And then they would

1429
01:56:38.520 --> 01:56:42.479
use that ability to lose money.
They would use that to put mom and

1430
01:56:42.520 --> 01:56:45.720
pop stores out of business. I
remember them coming into our area and putting

1431
01:56:45.000 --> 01:56:48.039
you know, they would select one
retailler at a time, and they would

1432
01:56:48.079 --> 01:56:51.439
put a big store right across from
them or right in front of them in

1433
01:56:51.479 --> 01:56:56.199
an out parcel when they were in
line in the shopping center, and put

1434
01:56:56.239 --> 01:56:59.359
them out of business, so they
use that for predatory practices. It's the

1435
01:56:59.399 --> 01:57:02.880
same way that you know they manipulate
the gold and silver markets. These people

1436
01:57:02.920 --> 01:57:08.600
who have you know, these markets
have allowed them to do this type of

1437
01:57:08.600 --> 01:57:11.920
thing. So I think the real
key is when we look at the long

1438
01:57:12.479 --> 01:57:15.760
The thing that I find interesting about
the gold stuff is not what is going

1439
01:57:15.800 --> 01:57:19.079
to happen with inflation of the rest
of stuff, but it's about this complete

1440
01:57:19.119 --> 01:57:25.399
financial system reset for control and surveillance. That's what concerns me about it.

1441
01:57:27.359 --> 01:57:30.359
Yeah, gold is freedom outside of
that system. If you've got physical gold

1442
01:57:30.479 --> 01:57:34.800
with you, no counterparty risk,
you're in a lot better position than having

1443
01:57:34.840 --> 01:57:38.760
your funds in the bank. And
I'm not telling you to go close your

1444
01:57:38.760 --> 01:57:41.720
bank account. I'm just saying you
look at the pressure on regional banks or

1445
01:57:41.760 --> 01:57:45.720
banks that are friendly to people like
human beings, don't treat you like a

1446
01:57:45.800 --> 01:57:48.880
number. Those banks are under a
lot of pressure and are going to be

1447
01:57:48.920 --> 01:57:53.239
in the future, especially with these
economic changes that are only going to benefit

1448
01:57:53.319 --> 01:57:57.960
the few. So having out something
outside of the system, especially gold and

1449
01:57:58.000 --> 01:58:01.279
silver, is really important and knowing
how to use that, knowing that what

1450
01:58:01.359 --> 01:58:04.399
kind of product you're going to get
from a dealer. It's very important right

1451
01:58:04.439 --> 01:58:10.319
now because there isn't enough. There
isn't going to be enough supply. As

1452
01:58:10.359 --> 01:58:13.560
soon as the people that are watching
CNBC, I think there's going to be

1453
01:58:13.600 --> 01:58:17.359
a Santa rally that I don't even
know where to begin, because you're talking

1454
01:58:17.359 --> 01:58:20.760
about a system that is you just
discussed earlier. It's no longer based on

1455
01:58:20.840 --> 01:58:26.680
profit, David, We're not.
Our stock market is no longer based.

1456
01:58:26.760 --> 01:58:30.960
It's all fake and it stems from
having fake money. I mean JP Morgan

1457
01:58:30.079 --> 01:58:34.560
said that gold is money and everything
else is credit. Wrong, everything else

1458
01:58:34.640 --> 01:58:40.880
is debt now and these companies that
are running they're zombies. They don't make

1459
01:58:40.920 --> 01:58:45.159
money, but they don't die,
so they going to buy into this system.

1460
01:58:45.159 --> 01:58:47.319
And I don't think there's going to
be a good outcome here other than

1461
01:58:48.039 --> 01:58:50.359
what they are engineering, which is
a reset. I mean, it's a

1462
01:58:50.399 --> 01:58:54.239
financial reset. So the best way
to be outside of that is to have

1463
01:58:54.279 --> 01:58:58.520
something with no counterparty risk and something
that's always been money and always will be,

1464
01:58:58.800 --> 01:59:01.119
and that's gold and silver. And
my opinion, yeah, I agree,

1465
01:59:01.279 --> 01:59:03.640
Yeah, it's going to be they're
going to lower the hammer. I

1466
01:59:03.640 --> 01:59:09.800
mean, we just saw this again
in Australia. They had a major internet

1467
01:59:10.079 --> 01:59:16.079
provider go down and telecom company and
nobody could get do any transactions because they

1468
01:59:16.199 --> 01:59:20.840
made everything so cashless. It's such
a vulnerable system if you don't actually physically

1469
01:59:20.920 --> 01:59:26.000
hold it. And then you know, in terms of infrastructure, they had

1470
01:59:26.039 --> 01:59:29.840
some kind of an attack on forty
percent of their ports got shut down and

1471
01:59:29.880 --> 01:59:32.680
stayed shut down, and that was
probably also you know, that was definitely

1472
01:59:32.760 --> 01:59:36.159
a cyber attack of some sort,
probably on the financial side of that.

1473
01:59:36.279 --> 01:59:39.760
But again, you know, we've
seen this over and over again. The

1474
01:59:39.800 --> 01:59:43.800
attacks come on the financial side,
and so as we become more and more

1475
01:59:44.119 --> 01:59:45.319
tied to that, I think it's
going to be more and more vulnerable.

1476
01:59:45.439 --> 01:59:49.920
Handy says this year was the first
year I've seen my county accept a digital

1477
01:59:49.960 --> 01:59:56.319
wallet as a payment option for property
taxes. There'll probably be a requirement for

1478
01:59:56.479 --> 02:00:00.399
certain interactions with the government to use
some kind of a CBDC, but again,

1479
02:00:00.800 --> 02:00:03.000
you know, it's going to be
a mix for people to be able

1480
02:00:03.039 --> 02:00:06.359
to be a little bit outside of
that system. Before we end, tell

1481
02:00:06.399 --> 02:00:11.960
us a bit about what's going on
at Wisewolf, well, a couple of

1482
02:00:12.000 --> 02:00:15.840
things that there's never been a better
time I think in history to really examine

1483
02:00:16.279 --> 02:00:19.520
being part of this system, like
we just discussed being part of the stock

1484
02:00:19.560 --> 02:00:23.199
market, the four oh one K, the iras and all the things that

1485
02:00:23.239 --> 02:00:29.319
were set up after nineteen seventy one
to help you not remember that you're losing

1486
02:00:29.359 --> 02:00:32.840
purchasing or in your dollar or not
realize it. And we make it really

1487
02:00:32.880 --> 02:00:35.279
easy. If you've got an existing
IRA or four oh one K, you

1488
02:00:35.279 --> 02:00:40.119
can go through Davidnight dot gold.
I'll roll that into physical gold and silver,

1489
02:00:40.439 --> 02:00:43.119
so you can go through the physical
gold and silver, bars, coins,

1490
02:00:43.159 --> 02:00:46.720
whatever you'd like. If if it's
the IRA parameter and that's your physical

1491
02:00:46.760 --> 02:00:49.560
gold and silver, now it has
it going to third party vault. We

1492
02:00:49.640 --> 02:00:54.920
make it really simple. I've got
the process down pretty well, so you

1493
02:00:54.960 --> 02:00:58.439
can go to David Knot dot gold
and check that out. We're happy to

1494
02:00:58.439 --> 02:01:01.159
answer in your questions. And on
the other end of that spectrum, we've

1495
02:01:01.159 --> 02:01:04.600
made it really easy to get physical
gold and silver on a monthly basis through

1496
02:01:04.600 --> 02:01:09.399
Wolfpack. Same thing David dot Gold. There's a tap says joined Wolfpack.

1497
02:01:10.000 --> 02:01:13.359
Low is fifty dollars a month.
You can join the lone Wolf program.

1498
02:01:13.560 --> 02:01:18.199
We sent you fractional silver sometimes gold, especially in the higher tiers you'll get

1499
02:01:18.199 --> 02:01:23.319
fractional gold, but all sorts of
variety, different coins, gold packs,

1500
02:01:23.359 --> 02:01:27.039
the gold back notes where we bought
more of those this last week, and

1501
02:01:27.520 --> 02:01:30.359
so much variety, I mean,
sovereign coins, generics, bars, everything

1502
02:01:30.359 --> 02:01:34.920
you can imagine flowing through Wolfpack.
We got nearly eight hundred members. I'd

1503
02:01:34.960 --> 02:01:38.880
love to see that get to a
thousand. I think that should be our

1504
02:01:39.000 --> 02:01:43.359
base level because the more people that
join, the better prices I can get,

1505
02:01:43.439 --> 02:01:45.840
the better buy ins, and I've
been doing a lot of great buy

1506
02:01:45.840 --> 02:01:48.039
ins lately. So go and check
that out, and I would I would

1507
02:01:48.079 --> 02:01:53.720
also mention too, David, one
of the products I was just in in

1508
02:01:53.840 --> 02:01:57.760
Las Vegas last week. I set
up a new media company and you're going

1509
02:01:57.800 --> 02:02:00.000
to be a part of that with
freeworld dot Fm. I just got to

1510
02:02:00.039 --> 02:02:03.479
get the hookups done with on your
show and in my show, we're already

1511
02:02:03.479 --> 02:02:08.239
streaming. Freeworld dot fm is up
and it's live. It's going to be

1512
02:02:08.279 --> 02:02:13.560
a free speech platform and with great
hosts like yourself and any of your listeners.

1513
02:02:13.600 --> 02:02:15.079
Just give us a try. But
we're gonna we're working on the logistics

1514
02:02:15.199 --> 02:02:20.000
right now. But it's another it's
another lifeboat for those of us who want

1515
02:02:20.079 --> 02:02:25.079
free speech. I'm just I'm using
the I'm making hay while the sun is

1516
02:02:25.079 --> 02:02:28.439
shining. If I've got a little
bit to put into investing, I'm investing

1517
02:02:28.439 --> 02:02:31.000
in US. So I was out
doing that last week and I set up

1518
02:02:31.039 --> 02:02:34.520
a new media company, so Freeworld
dot FM, and it's going to probably

1519
02:02:34.560 --> 02:02:39.279
host the David Knight Show every well
every morning. Yeah, we've been trying

1520
02:02:39.319 --> 02:02:41.840
to We've been trying to get it
on it. We've got a couple of

1521
02:02:42.039 --> 02:02:45.720
issues because of the the platform that's
there and the and you know that it's

1522
02:02:45.840 --> 02:02:49.039
MAC or PC that's there, so
Travis is not here. When he gets

1523
02:02:49.039 --> 02:02:51.199
back, We're probably going to be
able to get that. You know,

1524
02:02:51.199 --> 02:02:55.880
I'll have enough manpower that we can
get that solved. But yeah, looking

1525
02:02:55.920 --> 02:02:58.760
forward to doing that. I got
one question before you go, Tomicdog,

1526
02:02:59.039 --> 02:03:02.439
says David. Can you ask Tony
if platinum will remain flat or does he

1527
02:03:02.479 --> 02:03:06.760
see it moving higher soon? Uh? You don't get involved in platinum,

1528
02:03:06.800 --> 02:03:11.640
do you it's just gold and silver
or do you do other metals ideal in

1529
02:03:11.680 --> 02:03:15.399
platinum. I had one of one
of your listeners had a pretty large IRA

1530
02:03:15.560 --> 02:03:19.439
and bought a significant amount of platinum
about a year ago, and I had

1531
02:03:19.479 --> 02:03:24.079
to source some. And your government
mints make platinum, like Canada, United

1532
02:03:24.119 --> 02:03:28.760
States, most most all government mints
have platinum. You know, it's using

1533
02:03:29.039 --> 02:03:34.279
catalytic converters and other things that you
know require that for the technology that's been

1534
02:03:34.359 --> 02:03:39.640
flat because of you know the production
of cars and other things that are going

1535
02:03:39.640 --> 02:03:45.000
into the evs. But I do
think that just over over time, I

1536
02:03:45.000 --> 02:03:47.880
think platinum will move just for the
sheer fact that the dollar is losing purchasing

1537
02:03:48.000 --> 02:03:54.239
powers. So there's other uses for
platinum beyond uh, you know, auto

1538
02:03:54.279 --> 02:03:56.479
manufacturing, and I think you're going
to see more and more of it.

1539
02:03:56.600 --> 02:04:01.039
So I do think platinum has a
potential to move. And it's definitely definitely

1540
02:04:01.039 --> 02:04:04.359
not going to be something that's going
to be discarded. M So, yeah,

1541
02:04:04.399 --> 02:04:06.960
I mean there's I think there's a
long upside to plan them. Well

1542
02:04:06.960 --> 02:04:10.319
it's good. Yeah, maybe even
copper who knows it, would get the

1543
02:04:10.359 --> 02:04:15.000
original copper pennies and stuff exactly,
anything that's physical, you know. I

1544
02:04:15.000 --> 02:04:16.319
mean, they want to they want
to put us in a virtual world.

1545
02:04:16.319 --> 02:04:19.560
We've got to go counter to that. They want to consolidate everything globally.

1546
02:04:19.600 --> 02:04:23.520
We need to go local everything that
they want. We know what they want,

1547
02:04:23.560 --> 02:04:27.279
we go counter to it. And
it is so so good to have

1548
02:04:27.319 --> 02:04:30.359
you on, Tony, and thank
you for what you're doing, looking forward

1549
02:04:30.399 --> 02:04:35.079
to the Freeworld dot FM platform and
and all the other things that you're putting

1550
02:04:35.079 --> 02:04:38.640
together. Thank you so much for
joining us. Appreciate it. Thank you,

1551
02:04:38.720 --> 02:04:40.680
Dan, thank you. All Right, folks, we're going to be

1552
02:04:40.720 --> 02:04:43.520
back in just a moment, and
we're going to be connecting to Mark Thornton,

1553
02:04:44.159 --> 02:04:47.520
who is a senior fellow at the
Mesa's Institute, and we're going to

1554
02:04:47.560 --> 02:04:54.119
talk some more economics, and we're
going to talk specifically about what he saw

1555
02:04:54.199 --> 02:04:58.319
happening a few years ago and uh
and what he thinks is going to be

1556
02:04:58.319 --> 02:05:39.279
happening from his perspective, will be
right back in a world of deceit.

1557
02:05:39.600 --> 02:05:45.680
Telling the truth is a revolutionary act. You're listening to the David Knight Show.

1558
02:05:47.520 --> 02:05:53.600
Join us shortly when we stack things
up back to back, we have

1559
02:05:53.680 --> 02:05:57.880
to do the invitations sequentially, but
he should be joining us very soon.

1560
02:05:58.720 --> 02:06:00.720
Well, we're waiting for him to
join. Steve Molloy that I've talked to

1561
02:06:00.960 --> 02:06:05.720
many times, and his site is
Junk Science as he's pointing out. You

1562
02:06:05.720 --> 02:06:13.840
know, Tony was talking about how
the move away from internal combuestion engines is

1563
02:06:14.640 --> 02:06:17.680
depressing the demand a little bit for
platinum because of the catalytic converters and things

1564
02:06:17.760 --> 02:06:23.039
like that. But Steve moy says
evs are easily the biggest failure of centrally

1565
02:06:23.039 --> 02:06:27.680
planned industrial policy in US history.
Yeah, we're going to have a lot

1566
02:06:27.720 --> 02:06:30.960
of these things because they're centrally planning
everything. Now. The windmills are failing.

1567
02:06:30.359 --> 02:06:34.039
We've had companies like Slender and others
are failing. They want to do

1568
02:06:34.079 --> 02:06:39.640
everything in a central way. They're
centrally planning our central grid and they're planning

1569
02:06:39.680 --> 02:06:44.520
to take it down. Says this
despite massive subsidies. Ford lost thirty thousand

1570
02:06:44.600 --> 02:06:47.520
dollars per EV sold in twenty twenty
two. Twenty twenty three's losses will be

1571
02:06:47.560 --> 02:06:53.000
even greater. GM has abandoned its
target of selling four hundred thousand vs next

1572
02:06:53.079 --> 02:07:00.039
year. Ten years of EV driving
requires fifty thousand and taxpayer subsidies. He

1573
02:07:00.039 --> 02:07:04.399
says, that's equivalent of a gasoline
costing seventeen dollars and thirty three cents per

1574
02:07:04.439 --> 02:07:09.880
gallon. Think about that, because
of government subsidies, that we're all going

1575
02:07:09.920 --> 02:07:12.560
to wind up paying, and he
says that's just for openers. Okay,

1576
02:07:12.560 --> 02:07:15.800
we got our guest ready. I'm
gonna take a very quick break and we're

1577
02:07:15.800 --> 02:08:26.560
going to be right back. Stay
with us analyzing the globalists. Next move

1578
02:08:37.039 --> 02:08:41.720
and now the Deevid Nutshell. All
right, welcome back, joining us now

1579
02:08:41.720 --> 02:08:48.680
as Mark Thornton is the Peterson Luddy
Chair in Austrian Economics and a senior fellow

1580
02:08:48.840 --> 02:08:52.159
at the mess Institute. And so
I want to talk to him a little

1581
02:08:52.159 --> 02:08:56.399
bit about the Mesa's Institute. I
refer to their articles frequently, and so

1582
02:08:56.439 --> 02:08:58.720
I'd like to talk a little bit
about you know, what do we mean

1583
02:08:58.760 --> 02:09:03.680
by Austrian economics? Who was Lukewig
von Mises and a little bit about the

1584
02:09:03.760 --> 02:09:09.920
Mesa's Institute. But he also wrote
a book that is available at their site,

1585
02:09:09.960 --> 02:09:13.880
and Skyscraper Curse. And it looks
like with a crash and commercial real

1586
02:09:13.960 --> 02:09:18.640
estate that we're going to be looking
at a skyscraper curse coming back their return

1587
02:09:18.720 --> 02:09:20.600
of the Curse. But joining us
now is Mark Thornton. Thank you for

1588
02:09:20.680 --> 02:09:24.439
joining us, Sir David. It's
great to be on your program. But

1589
02:09:24.560 --> 02:09:28.880
with government solving all the world's problems. I'm not sure if we're going to

1590
02:09:28.960 --> 02:09:31.399
have anything to talk about. That's
right. If we got a problem we

1591
02:09:31.520 --> 02:09:35.920
just haven't done by government, but
especially at the federal government level, because

1592
02:09:35.920 --> 02:09:37.720
that's all the problems need to be
solved. There. Tell us a little

1593
02:09:37.720 --> 02:09:43.000
bit about the Mesa's Institute. The
Mesas Institute is now forty years old.

1594
02:09:43.039 --> 02:09:48.560
It was founded by mister lou Rockwell. We're right here in Auburn, Alabama,

1595
02:09:48.760 --> 02:09:56.239
and we're about economic education really from
the perspective of the Austrian School of

1596
02:09:56.479 --> 02:10:03.720
economics. Ludwig von miss fa Hyak, Henry Hazlitt, Ron Paul and many

1597
02:10:03.760 --> 02:10:11.520
others were the smallest but fastest growing
school of economics. And I think it's

1598
02:10:11.560 --> 02:10:16.720
a you know, it's a the
science really behind free markets, and we're

1599
02:10:16.720 --> 02:10:18.960
trying to get it out to as
many people as possible. That's right.

1600
02:10:20.000 --> 02:10:22.640
Yeah, give us a little bit
of an idea of the audience when we

1601
02:10:22.680 --> 02:10:26.359
talk about Austrian economics. You know, several of the founders who are from

1602
02:10:26.439 --> 02:10:31.439
Austria. Course, but you know, what is it that's different about Austrian

1603
02:10:31.479 --> 02:10:35.840
economics versus what we typically have with
our you know, what people learn in

1604
02:10:35.880 --> 02:10:39.920
college with macroeconomics or Keynesian economics and
things like that. Tell us a little

1605
02:10:39.960 --> 02:10:46.479
bit about what distinguishes Austrian economics from
that. Well. It was founded in

1606
02:10:46.520 --> 02:10:52.680
Austria by Karl Menger in the nineteenth
century and one of his primary students was

1607
02:10:52.760 --> 02:10:58.560
Ludwig von Misus, and Ludwig von
Mistis applied Menger's method, which is based

1608
02:10:58.600 --> 02:11:07.680
onduction and logic and human action rather
than on mathematical models and econometric analysis.

1609
02:11:09.319 --> 02:11:13.039
Plug in the numbers and see what
comes out, or see what you want

1610
02:11:13.079 --> 02:11:16.079
to come out. And as a
result, you know, the Austrian school

1611
02:11:16.279 --> 02:11:22.800
was basically able to develop economic principles
about the laws of supply and demand,

1612
02:11:24.800 --> 02:11:30.199
marginal utility, those kind of things. Those basic things that you see in

1613
02:11:30.239 --> 02:11:37.199
an introductory textbook, and everybody can
basically agree on them. But most economists,

1614
02:11:37.239 --> 02:11:41.239
which we call the mainstream, they
go off, you know, and

1615
02:11:41.359 --> 02:11:46.159
use their mathematical models and their econometric
analysis to come up with anything they want.

1616
02:11:46.199 --> 02:11:52.199
But with Austrian economics you have to
stay very close to the logic of

1617
02:11:52.359 --> 02:12:00.640
human action. And through that method
that Mesis developed, he was able to

1618
02:12:00.680 --> 02:12:05.760
develop modern monetary theory. In his
very first book, he was able to

1619
02:12:05.000 --> 02:12:13.560
critique socialism in the socialist calculation debate
and prove that pure socialism was an economic

1620
02:12:13.640 --> 02:12:22.760
impossibility. And then, of course
his magnum opus Human Action basically laid out

1621
02:12:22.239 --> 02:12:31.119
everything about everything from basic economic analysis
to things like the business cycle and fiscal

1622
02:12:31.199 --> 02:12:37.840
policy and everything else that we want
to basically talk about today. He was

1623
02:12:37.920 --> 02:12:43.000
the person who put forward all of
those great contributions, and that's why we

1624
02:12:43.079 --> 02:12:48.800
celebrate him and we try to extend
his work and to teach his work here

1625
02:12:48.840 --> 02:12:54.359
at the Mesa's Institute. And it's
still not you know, I know when

1626
02:12:54.399 --> 02:12:58.359
I was in college and I was
taking economics and we would get to macroeconomics

1627
02:12:58.399 --> 02:13:01.319
and it was like, okay,
forget all the the you know, the

1628
02:13:01.359 --> 02:13:05.119
real physical world of how your budget
work and everything, because if we're the

1629
02:13:05.119 --> 02:13:07.520
government and we make that if we
make this thing really really big, then

1630
02:13:07.520 --> 02:13:11.880
none of those rules apply anymore.
And it's like something about this seems really

1631
02:13:11.920 --> 02:13:13.600
fishy. This is kind of like
saying, if I get a big enough

1632
02:13:13.680 --> 02:13:20.119
rock is going to float up into
the sky. So yeah, it's uh,

1633
02:13:20.680 --> 02:13:24.640
it was like that just doesn't make
any sense to me. And you

1634
02:13:24.640 --> 02:13:26.600
know, Austrian economics is really,
as you point out, it's more focused

1635
02:13:28.079 --> 02:13:35.680
on human action, on reality than
on this obfuscation, this fiction, that

1636
02:13:35.680 --> 02:13:41.119
that this massive det just doesn't matter. But of course that is. It's

1637
02:13:41.199 --> 02:13:46.840
not that I think that Kynesy and
economics has really been capable of explaining things,

1638
02:13:46.880 --> 02:13:50.359
because it hasn't. But it's been
a useful crutch for the central planners,

1639
02:13:50.399 --> 02:13:54.359
hasn't it. Oh? Absolutely,
you know, we we stick with

1640
02:13:54.399 --> 02:14:00.119
supply and demand in real world prices
for the most part. Knesy economics,

1641
02:14:00.199 --> 02:14:05.920
for those who have suffered through it
in introductory college courses, God bless you,

1642
02:14:07.560 --> 02:14:11.760
is more like an exercise in plumbing, where you have a series of

1643
02:14:11.840 --> 02:14:18.000
pipes and valves, and you have
leakages and injections and all sorts of plumbing

1644
02:14:18.119 --> 02:14:26.800
related problems that seemingly the expert plumber
could fix simply by turning a dial or

1645
02:14:26.880 --> 02:14:31.439
tightening a pipe or soldering something together. And we all know that the real

1646
02:14:31.520 --> 02:14:37.840
world economy in the US alone is
made up of three hundred and thirty million

1647
02:14:37.439 --> 02:14:45.239
people. The worldwide economy is many
billions of people, and they're all doing

1648
02:14:45.279 --> 02:14:52.199
their own thing. And the Keynesian
approach, the Kynesian macroeconomic approach of turning

1649
02:14:52.239 --> 02:14:58.199
a few dials overlooks all of the
basic problems, overlooks the negative effects of

1650
02:14:58.279 --> 02:15:05.640
taxation, the negative effects of regulation. They just assume that, for example,

1651
02:15:05.720 --> 02:15:11.680
regulations will fix problems at a zero
cost and the world will be happy

1652
02:15:11.880 --> 02:15:18.520
thereafter, when in reality it distorts
all sorts of decisions on the part of

1653
02:15:18.760 --> 02:15:24.119
entrepreneurs, on the part of input
suppliers, on the part of consumers and

1654
02:15:24.239 --> 02:15:31.960
labors, and basically just gums up
the work it works. And so Austrian

1655
02:15:31.000 --> 02:15:37.279
economists try to stay very close to
the real world and how it actually works.

1656
02:15:39.479 --> 02:15:46.319
And as a result we have a
general policy outlook where we want to

1657
02:15:46.680 --> 02:15:54.119
have the government have hands off as
much as possible in every conceivable situation to

1658
02:15:54.279 --> 02:16:01.439
allow the free actions of individuals that
respect property right and so forth, that

1659
02:16:01.439 --> 02:16:09.680
that's the way to allow people to
achieve their potential. And achieving their potential,

1660
02:16:09.720 --> 02:16:18.319
they're really serving other people and it's
really you know, economics has thought

1661
02:16:18.359 --> 02:16:24.039
of is you know, a fierce, cutthroat competition thing, but ninety nine

1662
02:16:24.119 --> 02:16:31.440
point nine percent of it is cooperation
between employer and employee, between the consumer

1663
02:16:31.680 --> 02:16:41.520
and the supplier, between whole giant
worldwide webs of networks, of the factors

1664
02:16:41.520 --> 02:16:46.319
of production coming together in order to
produce the goods that we want to consume.

1665
02:16:46.399 --> 02:16:54.559
So it's really much more of the
idea that the economy is cooperation and

1666
02:16:54.799 --> 02:17:01.559
competition certainly exists. We all compete
on the basis of price, whether it's

1667
02:17:01.639 --> 02:17:05.840
the price of our products, the
price of our labor, the price of

1668
02:17:05.920 --> 02:17:11.360
the resources that we own, and
so forth. We all have to compete

1669
02:17:11.399 --> 02:17:15.959
at that level, and that profit
and loss statements that we all have to

1670
02:17:16.760 --> 02:17:20.440
measure up to keeps us all,
in a sense honest in this game of

1671
02:17:20.719 --> 02:17:26.680
competition and cooperation. Yeah, that's
a good way of putting it, especially

1672
02:17:26.719 --> 02:17:30.680
like your analogy of it's as complicated
plumbing thing I think of it. Maybe

1673
02:17:30.719 --> 02:17:37.040
they should call it the Rube Goldberg
school of economics. Another complicated bag on

1674
02:17:37.079 --> 02:17:39.079
the side. Oh this didn't work. Okay, let's add this other complication

1675
02:17:39.200 --> 02:17:43.760
to it. As highly analytical,
as highly complicated, it doesn't really work

1676
02:17:43.879 --> 02:17:46.719
very well. I've always thought of
this as I've always thought of the free

1677
02:17:46.760 --> 02:17:56.719
market as versus canesy and economics as
a neural net distributed system versus a centralized

1678
02:17:56.760 --> 02:18:01.479
computer. It just seems to me
that you know, even if they think

1679
02:18:01.520 --> 02:18:03.840
that they are the smartest person in
the room, there's no way that they've

1680
02:18:03.840 --> 02:18:09.000
got sufficient information to be able to
do that. That's the the you know,

1681
02:18:09.040 --> 02:18:13.399
the invisible hand and the open market
where everybody is is interacting with each

1682
02:18:13.399 --> 02:18:18.319
other, and that's the one thing
that they haven't been able to grasp.

1683
02:18:20.280 --> 02:18:22.200
When we look at the central bank, digital currency and the you know,

1684
02:18:22.239 --> 02:18:26.719
the surveillance aspect and the control aspect
of that that they're trying to impose on

1685
02:18:26.840 --> 02:18:31.360
us. To me, it seems
like, again because it's ultimately authoritarian.

1686
02:18:31.520 --> 02:18:35.760
It isn't like they're going to look
at this and say, well, you

1687
02:18:35.760 --> 02:18:37.840
know, what be the most efficient
way for us to do this, or

1688
02:18:37.879 --> 02:18:41.200
that you know, now we got
more information about what everybody is doing.

1689
02:18:41.440 --> 02:18:46.719
I think it is simply more of
a ham fisted, authoritarian, centralized approach.

1690
02:18:48.639 --> 02:18:52.680
It's not really going to be leveraging
a technology to even get a better

1691
02:18:52.079 --> 02:18:56.159
view of what is happening so they
can run the system. They just want

1692
02:18:56.319 --> 02:19:00.319
to run the system whatever happens,
and they want to make this to run

1693
02:19:00.319 --> 02:19:01.520
to their advantage. I think is
really what we're looking at. What do

1694
02:19:01.559 --> 02:19:07.239
you what do you think about this? Coming central bank digital currency. The

1695
02:19:07.239 --> 02:19:11.760
efforts to do that, you know, is are we going into a more

1696
02:19:13.479 --> 02:19:16.479
centralized control approach and economics? Are
they going? You know, certainly that's

1697
02:19:16.479 --> 02:19:22.399
what the politicians want. Oh yeah, the central bank digital currency. The

1698
02:19:22.440 --> 02:19:31.639
only positive is that it's positive for
central banks and positive for the government to

1699
02:19:31.040 --> 02:19:37.959
oversee and be able to check on
everything we do. There's no positive economic

1700
02:19:37.079 --> 02:19:43.639
benefits to having that type of system. If they really wanted to have a

1701
02:19:43.719 --> 02:19:48.959
close to ideal monetary system where they
didn't need monetary policy at all, where

1702
02:19:50.000 --> 02:19:58.719
they didn't need the vast bureaucracy thousands
of econometricians and tens of thousands of bureaucrats

1703
02:20:00.840 --> 02:20:03.120
to manage the system, then they
would go back to a gold standard that

1704
02:20:03.440 --> 02:20:09.719
we were established with this country and
silver money and things of that nature.

1705
02:20:09.280 --> 02:20:16.639
That is the ideal monetary system for
human economy and the idea that you know,

1706
02:20:16.760 --> 02:20:20.799
well, you can have digital currency, you can have digital money,

1707
02:20:20.319 --> 02:20:28.440
but there's no benefit that they can
describe that isn't just solely a benefit to

1708
02:20:28.520 --> 02:20:33.479
the central bank in the government itself
and I you know, and it would

1709
02:20:33.479 --> 02:20:39.719
be terrible for the economy. It
would hurt a lot of people. There's

1710
02:20:39.799 --> 02:20:46.799
means going around on social media of
all the harms it would do to certain

1711
02:20:46.840 --> 02:20:52.799
groups in particular, as is typical
with policy, it would hurt the most

1712
02:20:52.840 --> 02:20:58.120
disadvantage groups in society, from the
paupers and the poor people, the beggars,

1713
02:21:00.040 --> 02:21:03.479
the people who live hand the mouthed, the people who don't have bank

1714
02:21:03.479 --> 02:21:09.280
accounts. What are those people supposed
to make of this central bank digital currency

1715
02:21:11.399 --> 02:21:18.079
that are completely shut out all sorts
of transactions that we make on well,

1716
02:21:18.159 --> 02:21:22.000
in the fringes of society, to
you know, the streets of Manhattan.

1717
02:21:22.920 --> 02:21:30.319
Cash transactions are absolutely necessary and required. It's really the only way to conduct

1718
02:21:31.639 --> 02:21:37.840
business of any sort for those particular
groups. And of course it helps large

1719
02:21:37.879 --> 02:21:43.680
corporations. That helps the government,
it helps the taxing authorities, it helps

1720
02:21:43.680 --> 02:21:50.399
the central bank. I think they're
probably going to allure those people I see.

1721
02:21:50.600 --> 02:21:54.239
I think they're probably gonna lure those
people in with lure of welfare payments

1722
02:21:54.520 --> 02:21:58.280
and healthcare things, because that's what
they've already done in India. You know,

1723
02:21:58.680 --> 02:22:01.399
take the number and you get this
stuff. Because it's all about dependency,

1724
02:22:01.680 --> 02:22:03.920
you know, and they can you
know, that really is a key

1725
02:22:03.920 --> 02:22:09.079
way that they want to pull people
in I think they'll use that dependency to

1726
02:22:09.440 --> 02:22:13.760
rope in the poorest people and to
get them to take the id to take

1727
02:22:13.760 --> 02:22:16.399
the central bank digital currency. I
think that's you're right. They're going to

1728
02:22:16.479 --> 02:22:20.920
victimize them. They'll be the first
ones inside the open air prison, being

1729
02:22:20.959 --> 02:22:26.280
surveiled and controlled with everything. You
know. They could make the argument that

1730
02:22:26.319 --> 02:22:30.559
hey, we'll be able to we'll
be able to have more visibility about the

1731
02:22:31.159 --> 02:22:33.879
metrics of the economy and we'll be
able to fine tune it and do that

1732
02:22:33.920 --> 02:22:35.920
better. They may make that case, but that's not why they're doing it.

1733
02:22:35.920 --> 02:22:41.079
They're just doing it for simply for
control, right, Yes, And

1734
02:22:41.159 --> 02:22:46.000
I anticipate that they're going to cause
some crash of the system where people are

1735
02:22:46.040 --> 02:22:52.239
going to lose access to their money
and lose access to their accounts and won't

1736
02:22:52.239 --> 02:22:56.399
be able to transfer money, and
whether or not the government can solve it

1737
02:22:56.440 --> 02:23:05.239
immediately with central bank digital currentencies,
they will implement a central bank digital currency,

1738
02:23:05.319 --> 02:23:11.479
or they will attempt to implement a
central bank digital currency as a consequence

1739
02:23:11.559 --> 02:23:16.000
of them crashing the system in some
way. And we're already seeing little hints

1740
02:23:16.040 --> 02:23:24.159
of this where transactions between banks and
settlements between banks are getting gummed up at

1741
02:23:24.360 --> 02:23:31.159
various points in the system, and
I think that a comprehensive crash of the

1742
02:23:31.200 --> 02:23:39.520
system would, you know, would
scare people into accepting this idea of a

1743
02:23:39.559 --> 02:23:45.319
central bank digital currency. And that's
something that they could pull off really at

1744
02:23:45.319 --> 02:23:50.479
any time. And even if they
didn't do that of their own volition,

1745
02:23:50.680 --> 02:23:56.319
of course, we are talking about
government and they, you know, have

1746
02:23:56.479 --> 02:24:01.360
screwed up everything else, and so
they can certainly manage to do something like

1747
02:24:01.440 --> 02:24:05.239
that as well. I agree absolutely
by accident, yeah, I agree.

1748
02:24:05.280 --> 02:24:11.040
I got to comment here from guard
Goldsmith as a liberty conspiracy and he says,

1749
02:24:11.239 --> 02:24:13.280
when I was teaching Austrian economics here
in New Hampshire, it was great

1750
02:24:13.319 --> 02:24:16.959
to see how many students got it
and then continued their education by watching mesa's

1751
02:24:18.159 --> 02:24:22.280
media and getting mesa's institute documents.
That's good, and of course I want

1752
02:24:22.360 --> 02:24:26.200
to talk about that as well.
And I want to talk about your book,

1753
02:24:26.200 --> 02:24:31.639
which is available for free right at
themeses dot org. Of course people

1754
02:24:31.639 --> 02:24:33.680
can also get an audiobook. There's
a fee for the audiobook, but you

1755
02:24:33.719 --> 02:24:39.040
have it in various pdf and ebook
and things like that for free. And

1756
02:24:39.079 --> 02:24:43.520
I want to talk about how that
really seems to be folding into another big

1757
02:24:43.559 --> 02:24:48.280
problem that's come into the economy.
But before we get into that, Guard

1758
02:24:48.360 --> 02:24:52.399
also commented about Lugwig and he says, Theses almost didn't make it out of

1759
02:24:52.520 --> 02:24:56.040
Nazi territory. He and his wife
were trying to make it to France,

1760
02:24:56.079 --> 02:25:00.280
I believe, and almost we're arrested
by the ss. Richard Eveling did great

1761
02:25:00.280 --> 02:25:03.959
work in the nineteen nineties and saving
a lot of his work that the Soviets

1762
02:25:03.959 --> 02:25:07.600
had stolen at the close of World
War II. Amazing stories related to his

1763
02:25:07.680 --> 02:25:13.079
work in life and his economics.
That's interesting, you know, I wonder

1764
02:25:13.159 --> 02:25:18.000
why these centrally controlled economies like the
Nazi Germany and the Soviet Union would want

1765
02:25:18.040 --> 02:25:22.799
to have his works, except perhaps
to destroy them. Right. Yes,

1766
02:25:22.920 --> 02:25:26.840
When the Nazis invaded Austria, one
of the first things they did was sent

1767
02:25:26.959 --> 02:25:33.479
a crack troop of intelligence officers to
Mesis's apartment to get him and his papers

1768
02:25:33.520 --> 02:25:37.280
and forth. But he had already
left the country. They took his papers,

1769
02:25:37.319 --> 02:25:41.879
they took his furniture and everything and
brought it back to an intelligence lab

1770
02:25:43.840 --> 02:25:48.840
in Germany. And we thought the
papers were lost, but Richard Albilien and

1771
02:25:48.920 --> 02:25:56.959
others found the papers in an intelligence
warehouse in the Soviet Union. So when

1772
02:25:58.000 --> 02:26:05.479
the Soviet Union invaded German they took
all of Mesis's materials, thinking because Mesus

1773
02:26:05.479 --> 02:26:11.319
had discovered that pure socialism, which
both the Nazis and the Kami's both advocate,

1774
02:26:13.600 --> 02:26:16.920
you know, socialists. Yeah,
the Nazis were the national socialists,

1775
02:26:16.920 --> 02:26:24.760
that's right. Yeah, so they
both wanted this complete totalitarian socialism. Mesas

1776
02:26:24.799 --> 02:26:28.680
said, no, that's impossible.
You have to have property rights, you

1777
02:26:28.719 --> 02:26:33.479
have to have prices, you have
to have money, you know, wage

1778
02:26:33.559 --> 02:26:39.040
rates and all those kind of things
determined in marketplaces. And so the Nazis

1779
02:26:39.120 --> 02:26:43.680
thought that Mesus had held back some
secret of how you solve the problem of

1780
02:26:43.719 --> 02:26:50.399
socialism, and then the Russians the
Soviets also thought that Mesis had hidden that

1781
02:26:50.520 --> 02:26:56.920
problem. And of course there was
no solution. Mesis didn't have the solution

1782
02:26:56.040 --> 02:27:01.479
to socialism except to get rid of
it, to abandoned it. And of

1783
02:27:01.520 --> 02:27:07.600
course the world has seen not only
was Mesis right about the fallibility of any

1784
02:27:07.680 --> 02:27:13.879
kind of socialism, but they've also
seen that throwing off the socialist yoke in

1785
02:27:15.120 --> 02:27:22.000
Eastern Europe and the former Soviet Union, and to a large extent in communist

1786
02:27:22.120 --> 02:27:28.399
China. Once they once you throw
off this yoke of complete totalitarian socialism,

1787
02:27:28.159 --> 02:27:33.360
production starts happening. People are better
off, people live longer, people are

1788
02:27:33.440 --> 02:27:39.760
happier, you know, and all
of these things that Mesis predicted about the

1789
02:27:39.840 --> 02:27:46.479
economic system came true. And you
know, and we could do that here

1790
02:27:46.520 --> 02:27:50.040
in the United States. You can
do that anywhere in the world. Just

1791
02:27:50.360 --> 02:27:56.399
reduce the amount of socialism and government
in your economy and you'll get the benefits

1792
02:27:56.959 --> 02:28:00.479
of the free market economy. Yes, yes, And of course this isn't

1793
02:28:00.520 --> 02:28:03.360
the theory. We've had massive experiments
to prove it. Just take a look

1794
02:28:03.440 --> 02:28:09.719
at East versus West Germany or North
versus South Korea. The same people,

1795
02:28:11.120 --> 02:28:15.559
you know, exactly identical. And
what you do is you cut the country

1796
02:28:15.559 --> 02:28:18.879
in half and you have half of
them living under a centrally planned economy.

1797
02:28:18.879 --> 02:28:22.879
The other half have a freer economy, if not a very free economy.

1798
02:28:22.040 --> 02:28:26.879
See the same thing with communist China
versus Hong Kong. And of course Milton

1799
02:28:26.879 --> 02:28:31.600
Friedman did a long series Free to
Choose, where he spent a lot of

1800
02:28:31.680 --> 02:28:37.239
time talking about Hong Kong and how
things at that time were very free in

1801
02:28:37.319 --> 02:28:39.799
Hong Kong. So we've had the
experience and we know exactly what this looks

1802
02:28:39.879 --> 02:28:43.239
like over and over again. If
you had a satellite picture. I've seen

1803
02:28:43.239 --> 02:28:48.040
this over and over again, satellite
picture of South Korea at night and it's

1804
02:28:48.079 --> 02:28:50.920
all lit up. In North Korea, it's all dark because there's nothing there,

1805
02:28:52.239 --> 02:28:58.280
and they just completely destroy everything with
their economic system. There was something

1806
02:28:58.639 --> 02:29:01.000
that was a trying I think I
can't remember the name of it, and

1807
02:29:01.000 --> 02:29:03.600
trying to think of the name of
it as we started the interview here came

1808
02:29:03.639 --> 02:29:07.719
to mind the economic theory that's being
put out by the Biden administration these other

1809
02:29:07.760 --> 02:29:11.280
people. That was really kind of
the basis of their so called Inflation Reduction

1810
02:29:11.399 --> 02:29:18.639
Act. There was a woman who
came up with this and and she kind

1811
02:29:18.639 --> 02:29:24.840
of rejected the technical aspects of of
of kingesy and economics. She kind of

1812
02:29:24.840 --> 02:29:30.120
simplified it and and everything. But
it's still just an excuse for the government

1813
02:29:30.159 --> 02:29:31.639
to do whatever they wish. Maybe
you remember the name of it. I

1814
02:29:31.680 --> 02:29:35.399
can't remember what else. Modern monetary
theory. That is modern monetary theory I

1815
02:29:35.840 --> 02:29:39.479
MMT and I used always call it
the the the magic money tree. You

1816
02:29:39.520 --> 02:29:43.799
know, that's what it early stands
for, is yeah, modern monetary theory.

1817
02:29:45.440 --> 02:29:48.079
Yeah, that's a little bit about
it. Yeah, that's a long

1818
02:29:48.239 --> 02:29:56.000
established fable that goes back for centuries
really, and it is the basis really

1819
02:29:56.319 --> 02:30:01.920
of our monetary policy. The idea
that you can print up pieces of paper

1820
02:30:01.479 --> 02:30:07.120
to create economic prosperity. That you
can take ink and paper that are very

1821
02:30:07.159 --> 02:30:11.920
well and good and productive, put
them together in the form of a dollar

1822
02:30:13.000 --> 02:30:18.680
bill or a million dollar bill or
a trillion dollar bill, and somehow or

1823
02:30:18.719 --> 02:30:22.719
another that's going to create more resources. It's going to create more workers,

1824
02:30:22.799 --> 02:30:30.959
it's going to create more energy,
and more productivity and more products, goods,

1825
02:30:31.000 --> 02:30:37.600
and services. It's always been thought
of as a fable by economists,

1826
02:30:37.600 --> 02:30:45.280
except now that we get to more
recent times where economists are so unhinged from

1827
02:30:45.399 --> 02:30:50.680
reality that they believe, well,
maybe this does have something to it.

1828
02:30:50.120 --> 02:30:56.399
Maybe we can just print up money
and put unemployed resources to work. And

1829
02:30:56.479 --> 02:31:03.120
so modern monetary theory basically sets that
you can borrow, you can print,

1830
02:31:03.360 --> 02:31:11.520
and you can spend to keep the
economy on an upward and always upward trajection.

1831
02:31:11.840 --> 02:31:18.879
That any shortfall from full employment,
any shortfall of GDP growth from trend

1832
02:31:20.360 --> 02:31:26.719
you can just make up by borrowing
and printing money and then having the government

1833
02:31:26.840 --> 02:31:31.120
spend it. But actually, you
know, right now, I think is

1834
02:31:31.159 --> 02:31:37.200
a good case in point, because
right now the government statistics tell us that

1835
02:31:37.360 --> 02:31:41.959
GDP is growing at a fairly brisk
pace. And yet when you look around

1836
02:31:41.959 --> 02:31:48.159
the country, and I'm sure many
people in your audience right now are suffering

1837
02:31:48.280 --> 02:31:56.639
from inflation and lower rages and things
of that nature. Why all the economics

1838
02:31:56.680 --> 02:32:01.920
suffering in an economy that's growing at
a brisk pace. Well, the problem

1839
02:32:01.040 --> 02:32:05.680
is is that they've been printing up
money. They've been borrowing money, and

1840
02:32:05.719 --> 02:32:15.120
the government has been spending it on
programs and subsidies that don't make sense in

1841
02:32:15.159 --> 02:32:20.959
the family budget. Okay, it's
not food, clothing, shelter, electricity

1842
02:32:22.120 --> 02:32:28.319
that they're producing. They're actually doing
things that actually undermine the production of food,

1843
02:32:28.840 --> 02:32:37.840
clothing, shelter and so on.
And so that disconnect of economists and

1844
02:32:39.000 --> 02:32:46.440
the implementation of that disconnect, that
modern monetary theory disconnect, we're seeing that

1845
02:32:46.520 --> 02:32:50.399
in real life today. Yes,
the government is borrowing, the government is

1846
02:32:50.440 --> 02:32:54.280
spending, the government is printing up
money to pay for the whole thing.

1847
02:32:56.040 --> 02:33:01.479
But what happens in the real world, is that we're not getting the things

1848
02:33:01.520 --> 02:33:07.680
that we actually need. We're just
getting entries in national statistical accounts that don't

1849
02:33:07.760 --> 02:33:13.079
put bread on the table. Yes, yes, yeah. The the we've

1850
02:33:13.079 --> 02:33:16.920
never had a more centrally planned economy
where they're planning to shut down our energy

1851
02:33:16.920 --> 02:33:20.520
infrastructure, change all of our transportation
system, and they don't have anything that

1852
02:33:20.840 --> 02:33:24.639
works to take its place. It's
all just rewarding their friends. And when

1853
02:33:24.760 --> 02:33:28.760
I look at this modern monetary theory, like you point out, it's just

1854
02:33:28.959 --> 02:33:33.879
taxes and printing money. And you
can't replace applying demand with taxes and printing.

1855
02:33:35.760 --> 02:33:37.680
But that seems to be what they
think they can do. And you

1856
02:33:37.680 --> 02:33:43.079
look at the the the inflation reduction
taxi or whatever they called it. Inf

1857
02:33:43.440 --> 02:33:45.959
you know, they they decided that, you know, they give all this

1858
02:33:46.000 --> 02:33:48.559
when they print this money up,
they give it to their friends, and

1859
02:33:48.559 --> 02:33:50.680
there are things to get out of
control. They raise taxes on their enemies.

1860
02:33:50.719 --> 02:33:54.280
You know. It's really kind of
the way this thing works and practice,

1861
02:33:54.840 --> 02:33:58.719
and so just another excuse again for
what it is that they want to

1862
02:33:58.760 --> 02:34:03.040
do, you know, and so
they use it as kind of they use

1863
02:34:03.120 --> 02:34:07.920
these economic theories. It's kind of
their court gestures to do whatever they want.

1864
02:34:07.000 --> 02:34:09.680
But if we get back to the
real world, you know, when

1865
02:34:09.680 --> 02:34:13.319
we look at Austrian economics, it
looks, you know, in the real

1866
02:34:13.319 --> 02:34:16.360
world, it's got to follow the
same examples that you have if you're running

1867
02:34:16.360 --> 02:34:20.120
a business or you're running a household
or something like that. And so with

1868
02:34:20.200 --> 02:34:26.159
that in mind, let's talk about
your book twenty eighteen, The Skyscraper Curse,

1869
02:34:26.799 --> 02:34:31.000
and how Austrian economists predicted every major
economic crisis of the last century.

1870
02:34:31.000 --> 02:34:35.879
Now that's pretty large, but you
know, we've got this developing commercial real

1871
02:34:35.959 --> 02:34:41.159
estate problem that seems to have been
kicked off by the lockdown and people working

1872
02:34:41.239 --> 02:34:45.760
from home and the vacancy rates and
everything, and even in a booming area

1873
02:34:46.479 --> 02:34:52.840
like Shanghai. Because the Chinese communists
wanted to show their power, I think

1874
02:34:52.959 --> 02:34:54.760
was perhaps their motivation. I'm kind
of reading into what their motivation is,

1875
02:34:54.760 --> 02:34:58.680
but it seemed to me like it
was a power play, kind of like

1876
02:34:58.760 --> 02:35:03.600
Mao's Cultural Revolution, the Great Leap
Forward. He decided that he was going

1877
02:35:03.680 --> 02:35:07.040
to lock down Shanghai and show his
authority there because maybe they're getting a little

1878
02:35:07.040 --> 02:35:11.600
bit too much freedom and a little
bit too much independence and now you see

1879
02:35:11.639 --> 02:35:16.600
there and in Guangzho and so many
other places that were bustling and unbelievably crowded

1880
02:35:16.639 --> 02:35:22.959
while I was there. Now they're
ghost towns that are happening. And there's

1881
02:35:22.959 --> 02:35:26.200
a concern that, you know,
even though it's not at the same dire

1882
02:35:26.239 --> 02:35:31.799
straits that Shanghai is in, New
York City's got vacancy rates of about forty

1883
02:35:31.840 --> 02:35:37.840
percent, and you've got a lot
of people are holding these high interest rates

1884
02:35:37.879 --> 02:35:41.319
that are variable, that are just
collapsing and turning them back in. How

1885
02:35:41.319 --> 02:35:46.559
does that current phenomenon, how does
that fall back into what you were talking

1886
02:35:46.559 --> 02:35:54.000
about back in twenty eighteen, Well, the skyscraper curse is just really an

1887
02:35:54.000 --> 02:35:58.719
illustration of the Austrian business cycle theory, And the Austrian business cycle theory turns

1888
02:35:58.799 --> 02:36:07.440
on artificially low interest rates that artificially
low interest rates now cause entrepreneurs to make

1889
02:36:07.559 --> 02:36:15.360
bad investments, investments that won't pay
off in the future when interest rates rise.

1890
02:36:16.200 --> 02:36:20.000
And so, of course we had
more than a dozen years of artificially

1891
02:36:20.040 --> 02:36:28.120
low interest rates because of quantitative easing, because of zero interest rate policy,

1892
02:36:30.520 --> 02:36:37.239
all sorts of Fed mechanisms to reduce
interest rates to spur on the economy.

1893
02:36:37.280 --> 02:36:43.360
They wanted to turn the dial down
in order to increase investment and increase employment

1894
02:36:45.079 --> 02:36:48.879
during a slow time in the economy. But of course it was slow because

1895
02:36:48.879 --> 02:36:54.280
of the housing bubble, the previous
housing bubble, and things started to look

1896
02:36:54.399 --> 02:37:00.200
really bad. After I published my
book in twenty eighteen and twenty nine,

1897
02:37:00.360 --> 02:37:07.280
the economy was going down the tubes, and it was essentially saved by COVID

1898
02:37:07.440 --> 02:37:11.719
and the COVID rescue package, which
sent interest rates back down to zero,

1899
02:37:13.600 --> 02:37:20.520
and the FED soaked up trillions of
dollars of government bonds and mortgage securities.

1900
02:37:22.120 --> 02:37:28.520
So for those couple of years,
you could borrow money essentially worldwide at almost

1901
02:37:28.639 --> 02:37:33.600
no interest at all. And so
we had a big boom of additional spending,

1902
02:37:35.920 --> 02:37:41.520
investment spending, and commercial real estate
on top of all of the real

1903
02:37:41.639 --> 02:37:46.360
estate that had been built over the
previous decade. And so we have a

1904
02:37:46.440 --> 02:37:54.399
massive overhang of real estate, commercial
real estate, office buildings, houses,

1905
02:37:54.520 --> 02:37:58.799
you name it, we over built
it. And now that inflation has forced

1906
02:38:00.440 --> 02:38:05.120
the Fed's hand and forced them to
raise interest rates to try to squelch the

1907
02:38:05.159 --> 02:38:13.440
price inflation that they in effect caused. Now we're seeing the initial signs of

1908
02:38:13.760 --> 02:38:22.639
breakage in commercial real estate. Skyscrapers
big and small are failing, they're going

1909
02:38:22.680 --> 02:38:28.879
into bankruptcy. They're being resold at
a small fraction of what they originally cost

1910
02:38:30.000 --> 02:38:33.399
to build, or what they might
have been sold for a few years ago.

1911
02:38:35.319 --> 02:38:39.399
Now they're selling for pennies on the
dollar or quarters on the dollar.

1912
02:38:41.120 --> 02:38:48.040
And I expect to see much more
of that going forward, with the Fed

1913
02:38:48.120 --> 02:38:56.399
holding interest rates higher and possibly inflation
remaining much higher, much longer than anyone

1914
02:38:56.479 --> 02:39:01.879
in Washington d C. Cares to
admit. Yeah, that's an interesting way

1915
02:39:01.920 --> 02:39:03.360
to look at it. And I
thought about it as you were talking about

1916
02:39:03.799 --> 02:39:07.600
I never really you know, we
talked about the stimulus checks. You know

1917
02:39:07.639 --> 02:39:11.319
that they tried to appease people that
they locked down and put out of business

1918
02:39:11.319 --> 02:39:13.360
and put out of work. Well, here's your little stimulus check. But

1919
02:39:13.399 --> 02:39:18.120
they wrote a really big, gigantic
stimulus check to all the big guys,

1920
02:39:18.159 --> 02:39:22.399
the big players, the big banks
and Wall Street people and everything. Gave

1921
02:39:22.440 --> 02:39:26.000
them a massive stimulus check to keep
this thing going. And it seems like

1922
02:39:26.600 --> 02:39:31.319
the first bubble when they created the
real estate bubble, the residential real estate

1923
02:39:31.319 --> 02:39:35.319
bubble, low interest rates, they
kept them down for a very long time.

1924
02:39:35.399 --> 02:39:37.319
You look at that, at one
point, the Federal Reserve just starts

1925
02:39:37.360 --> 02:39:41.760
raising it, you know, like
every month or whatever quarter of a percent,

1926
02:39:41.920 --> 02:39:48.079
you know, twenty five basis points. And then they just went until

1927
02:39:48.120 --> 02:39:50.680
everything popped and they crashed, and
then they started doing the same thing again,

1928
02:39:52.000 --> 02:39:56.159
but even bigger. And then,
as you point out, you got

1929
02:39:56.159 --> 02:40:00.280
the stimulus check that's written with a
low zero interest rates to all the these

1930
02:40:00.879 --> 02:40:05.799
bankers and businesses and anything as part
of COVID, and then they start the

1931
02:40:05.239 --> 02:40:09.719
whole cycle has been started all over
again since the real estate market crash,

1932
02:40:09.760 --> 02:40:16.479
as you point out, with all
the uh, the the the quantity of

1933
02:40:16.520 --> 02:40:18.639
easing as well as interest rates and
everything, they created it and did it

1934
02:40:18.680 --> 02:40:24.639
even bigger this time. And then
they started when they won, when it

1935
02:40:24.680 --> 02:40:28.159
came time for them to burst it, they started jumping it about three or

1936
02:40:28.159 --> 02:40:33.760
four times as much as they did
the first time and created massive disruption with

1937
02:40:33.840 --> 02:40:37.639
this. So as you're looking at
this year, you're thinking that we're going

1938
02:40:37.680 --> 02:40:41.319
to continue on with inflation quite some
time. Do you think it's going to

1939
02:40:41.360 --> 02:40:48.719
go into a hyper inflation type of
scenario like we've seen in Argentina or Venezuela

1940
02:40:48.799 --> 02:40:50.360
or some other place in Zimbabwe or
something. Are we going to go into

1941
02:40:50.719 --> 02:40:56.040
really really high hyperinflation? How do
you see this? Well, I mean,

1942
02:40:56.079 --> 02:41:01.440
I'm worried about that because it's not
just real estate that's been borrowing money,

1943
02:41:01.440 --> 02:41:05.000
but the federal government has been borrowing, you know, trillions of dollars

1944
02:41:05.000 --> 02:41:11.879
of new money, trillions of dollars
rolling over of the national debt. And

1945
02:41:11.000 --> 02:41:16.200
remember they were borrowing, you know, ten year government bonds for less than

1946
02:41:16.200 --> 02:41:20.760
two percent. Many governments around the
world were borrowing money at less than two

1947
02:41:20.799 --> 02:41:26.879
percent for ten years. And now
they're having to start rolling over that stuff.

1948
02:41:26.440 --> 02:41:33.319
And so interest payments on government debt
is rising because everybody's upside down on

1949
02:41:33.360 --> 02:41:39.520
their portfolios. And as a consequence, the interest payments on the national debt

1950
02:41:39.600 --> 02:41:46.879
have risen very sharply, from a
half a trillion to near a trillion dollars

1951
02:41:46.959 --> 02:41:50.760
now in a very short period of
time. And we're adding a trillion dollars

1952
02:41:50.760 --> 02:41:58.040
of national debt it seems like every
few months, and you know, we're

1953
02:41:58.520 --> 02:42:05.479
on pace to be borrowing trillions more
over the next fiscal year with that interest

1954
02:42:05.520 --> 02:42:11.559
payment on national debt increasing over time, and so and the fed itself is

1955
02:42:11.639 --> 02:42:16.840
upside down on its portfolio. So
it is losing money now for the very

1956
02:42:16.879 --> 02:42:22.079
first time. It's it's lost one
hundred billion dollars in the last year.

1957
02:42:22.200 --> 02:42:28.600
It's probably projected to be losing two
hundred billion dollars, and that's added into

1958
02:42:30.079 --> 02:42:35.719
the government's debt, and so everything
is going in the wrong direction. And

1959
02:42:35.760 --> 02:42:41.000
the only thing that has continued to
hold up is well, the seven technology

1960
02:42:41.040 --> 02:42:45.920
companies in the S and P five
hundred. If you take them out,

1961
02:42:46.520 --> 02:42:52.000
the stock market is either flat or
falling and has been if not for those

1962
02:42:52.079 --> 02:43:01.399
seven giant tech companies, you know. So that's that's that's just not a

1963
02:43:01.399 --> 02:43:05.920
good sign. And the other thing
that's been holding up is the US dollar.

1964
02:43:05.559 --> 02:43:11.239
The value of the US dollar has
been holding up, and it's precisely

1965
02:43:11.319 --> 02:43:18.440
because all of the other currencies in
the world are so weak that people are

1966
02:43:18.479 --> 02:43:22.280
sending more and more of their money
to be invested in the United States as

1967
02:43:22.440 --> 02:43:28.000
the least worst currency in the world. So that's been holding up. But

1968
02:43:28.159 --> 02:43:37.440
once that starts deteriorating, and that
starts fueling oil prices directly, for example,

1969
02:43:37.559 --> 02:43:43.399
yes, I mean we're on the
path to hyperinflation. We're early enough

1970
02:43:43.600 --> 02:43:50.520
now that we could do something about
it. But you know, there's no

1971
02:43:52.399 --> 02:43:58.959
stomach in Washington, d C.
To make the kinds of changes Slashing government

1972
02:43:58.040 --> 02:44:09.600
spending, cutting taxes on workers and
investors, rolling out or rolling under vast

1973
02:44:09.639 --> 02:44:20.959
swaths of government bureaucracy, returning those
resources to the productive side of the economy.

1974
02:44:20.040 --> 02:44:24.360
That's what we really need, and
there's no stomach in Washington, d

1975
02:44:24.520 --> 02:44:31.600
C. For that. There's no
stomach for reducing welfare payments and curbing entitlement

1976
02:44:31.639 --> 02:44:37.000
programs. All of those things seem
to be off the table generally, and

1977
02:44:37.040 --> 02:44:43.120
those are exactly the types of things
that need to be on the table immediately

1978
02:44:43.559 --> 02:44:46.600
so that we can get off the
road not only to hyperinflation, but of

1979
02:44:46.600 --> 02:44:58.040
course hyperinflation is just one step short
of the road to totalitarianism and dictatorship.

1980
02:44:58.159 --> 02:45:03.159
So this this, you know,
it's not just that prices go up and

1981
02:45:03.239 --> 02:45:07.840
everybody has more money in their pockets
and so forth. This is the road

1982
02:45:07.079 --> 02:45:13.360
ultimately to the destruction of the economy
and the destruction of the American way of

1983
02:45:13.399 --> 02:45:20.040
life, I agree, and the
takeover by totalitarian government. We're all,

1984
02:45:20.200 --> 02:45:24.559
you know, everybody recognizes that that's
the direction we've been going with the COVID

1985
02:45:24.600 --> 02:45:33.079
lockdowns and so forth. That's the
direction that our politicians have us in the

1986
02:45:33.120 --> 02:45:35.280
direction of I agree, yeah,
they want us on the road to serve

1987
02:45:35.360 --> 02:45:39.799
them because there'll be the feudal overlords
they're going to be running this. I

1988
02:45:39.799 --> 02:45:41.600
mean, you know, we look
at this like, no, we don't

1989
02:45:41.600 --> 02:45:43.680
want to go to the roads,
but they do. And that's one of

1990
02:45:43.719 --> 02:45:48.319
the reasons why I think this appears
to be really kind of a deliberate takedown.

1991
02:45:48.440 --> 02:45:50.920
You know, I think it was
last week. I think they didn't

1992
02:45:50.959 --> 02:45:54.559
hit the trillion dollars in terms of
just the interest payment on the debt.

1993
02:45:54.799 --> 02:45:58.239
I think I reported that last week
it did hit finally trillion dollars because I

1994
02:45:58.239 --> 02:46:01.319
was like, wow, it's amazing. But as you point out, they

1995
02:46:01.399 --> 02:46:03.319
keep going further and further into debt
and the interest rates keep going higher,

1996
02:46:03.319 --> 02:46:07.600
so of course that's going to happen. And the famous saying the Road to

1997
02:46:07.639 --> 02:46:13.760
Serfdom was actually the famous book by
fa Hyak, who was a student of

1998
02:46:13.879 --> 02:46:22.440
Ludwig von Mesis, and Mesus and
Hayak both wrote books in nineteen forty four.

1999
02:46:22.360 --> 02:46:30.000
Hayak wrote The Road to Serfdom.
Mesis wrote the book bureaucracy where you

2000
02:46:30.040 --> 02:46:35.639
know, an omnipotent government as well, Mesis wrote, And they were warning

2001
02:46:35.760 --> 02:46:43.239
us that the tendency in American government
that far ago was that we were going

2002
02:46:43.360 --> 02:46:48.680
in this direction where we just felt
good about having more government programs, but

2003
02:46:48.840 --> 02:46:54.360
ultimately you would get to a point
where the people no longer had control over

2004
02:46:54.879 --> 02:46:58.639
their own very government. That's right, Yeah, that's the path that it

2005
02:46:58.680 --> 02:47:01.639
always takes. You know, when
you talked about the fact that the dollar

2006
02:47:01.680 --> 02:47:05.479
is doing well because we have the
least worst of the central banks, it

2007
02:47:05.520 --> 02:47:09.399
reminds me of you know, we've
got I think it's this weekend there's going

2008
02:47:09.440 --> 02:47:13.360
to be the election in Argentina with
Javier Malai, who is a free market

2009
02:47:13.399 --> 02:47:18.000
economist. I don't know if you
know him or if he's connected with you,

2010
02:47:18.079 --> 02:47:20.079
but that's one of the things he
was saying. We got to get

2011
02:47:20.120 --> 02:47:26.040
rid of the Argentine I think it's
peso and we've got to replace it with

2012
02:47:26.040 --> 02:47:28.559
the US dollary. He says,
I think all central banks are awful,

2013
02:47:28.280 --> 02:47:31.879
but he said exactly the same thing. He said, you know, they're

2014
02:47:31.399 --> 02:47:35.559
they're not as bad as our central
bank. What do you do you know

2015
02:47:35.559 --> 02:47:41.680
anything about Javier Malai and what is
happening there. Has there been any correspondence

2016
02:47:41.680 --> 02:47:45.840
with the Mesa's Institute in him.
Well, he's not affiliated with us at

2017
02:47:45.840 --> 02:47:50.559
this point, but we've written about
him on our web page several times and

2018
02:47:50.760 --> 02:47:56.840
we're following him very carefully. He
considers himself an Austrian School economist and a

2019
02:47:56.879 --> 02:48:03.239
student of Murray Rothbard, who was
really the great modern Austrian economist and our

2020
02:48:03.399 --> 02:48:07.680
first vice president for academic affairs.
So he's very much in our camp.

2021
02:48:07.760 --> 02:48:16.440
He's very obviously intelligent person and he's
got the right instincts with respect to policy,

2022
02:48:16.479 --> 02:48:22.719
and he doesn't want to make the
US dollar the currency of Argentina.

2023
02:48:22.840 --> 02:48:31.440
That's just a transition policy away from
their hyperinflationary tendencies down in argent Argentina.

2024
02:48:31.479 --> 02:48:37.159
They've tried these kind of measures in
the past and ultimately they've come back to

2025
02:48:37.319 --> 02:48:45.000
fail, and that's why he views
dollarization as a temporary transition policy back to

2026
02:48:45.079 --> 02:48:50.280
a sound monetary system of gold and
silver, where everybody out there in the

2027
02:48:50.319 --> 02:48:56.719
economy their money is gold and silver
coins, something the central bank can't do

2028
02:48:56.799 --> 02:49:01.319
anything about, something the government can't
do anything about. If we hold money

2029
02:49:03.000 --> 02:49:09.559
that has an intrinsic value and cannot
be printed at the whim of a central

2030
02:49:09.600 --> 02:49:16.440
banker or at the whim of some
economist or a politician. Yeah, so

2031
02:49:16.520 --> 02:49:24.120
he's definitely from the Austrian school.
We have very high hopes that he'll do

2032
02:49:24.239 --> 02:49:28.799
well and he'll be able to implement
a lot of his reforms. But basically

2033
02:49:28.879 --> 02:49:31.840
he wants to cut a lot of
government spending down there. I mean,

2034
02:49:31.879 --> 02:49:39.239
they have a bloaded government sector down
there, which forces the current government to

2035
02:49:39.280 --> 02:49:46.280
print money to pay for it.
If you cut the government sector significantly enough

2036
02:49:46.959 --> 02:49:50.760
and you open up the free market
economy, then you simply don't need the

2037
02:49:50.799 --> 02:50:00.319
printing press, and sound money is
really a prerequisite for sound government. That's

2038
02:50:00.319 --> 02:50:05.399
a point that mesis Mate made a
long time ago, is that he was

2039
02:50:05.440 --> 02:50:11.600
considered a medallist because he believed in
gold and silver coins in the hands of

2040
02:50:11.200 --> 02:50:22.520
individuals as the most significant guardian of
the pre market society that prevented government from

2041
02:50:22.000 --> 02:50:28.000
in effect taxing the population through the
printing press. Yes, and so,

2042
02:50:28.520 --> 02:50:33.760
and of course that east luck,
that's right. You know, the American

2043
02:50:33.799 --> 02:50:37.719
founders experienced that. That's why they
say, you know, it's going to

2044
02:50:37.719 --> 02:50:41.280
be gold and silver and it's going
to be minded. But because they'd lived

2045
02:50:41.280 --> 02:50:46.760
through a continental dollar that was just
a worthless piece of paper, worthless than

2046
02:50:46.799 --> 02:50:50.239
a you know, not worth a
continental and so they wanted the same type

2047
02:50:50.239 --> 02:50:54.760
of thing he's living through one hundred
and fifty percent inflation. It was interesting.

2048
02:50:54.799 --> 02:51:03.959
I found a book that was done
by Axel actual Kaiser called street Economics,

2049
02:51:03.040 --> 02:51:09.639
very much like what you're talking about
that Misus did, taking practical examples

2050
02:51:09.680 --> 02:51:11.920
out of everyday life and saying,
you know, this is how the world

2051
02:51:11.959 --> 02:51:15.079
works, and this is why we
need to organize ourselves this way economically and

2052
02:51:15.120 --> 02:51:18.760
so forth, as opposed to you
know, the Keynesian abstraction and saying,

2053
02:51:18.799 --> 02:51:22.879
you know, no, everything works
differently when the government is doing it.

2054
02:51:22.920 --> 02:51:28.440
That's become a very very popular book
in South America. He knows Javier Malay

2055
02:51:28.520 --> 02:51:31.520
and he just recently got it translated
into English. But yeah, it is

2056
02:51:31.559 --> 02:51:35.159
interesting to see, you know,
whether they're going to come back to their

2057
02:51:35.200 --> 02:51:41.479
senses or not. It seems like
the biggest obstacle to him coming back is

2058
02:51:41.639 --> 02:51:46.399
they're trying to throw Taylor Swift against
him. I mean, she's got a

2059
02:51:46.399 --> 02:51:48.520
big popular following there and right before
they're going to have the election. She's

2060
02:51:48.559 --> 02:51:52.120
going to be there for the opening
concert, and she and the lefties that

2061
02:51:52.159 --> 02:51:56.239
are following her are already starting to
make noise about Javier Malay. So we'll

2062
02:51:56.239 --> 02:52:01.479
see if he can beat Taylor Swift
and all this those But let's get back

2063
02:52:01.479 --> 02:52:05.719
to your book here. The Skyscraper
Curs. That's an interesting title. Explain

2064
02:52:05.799 --> 02:52:11.719
to us what that means. Well, it's just that there's a long history

2065
02:52:11.840 --> 02:52:18.159
dating back about one hundred and fifty
years now where whenever a world record setting

2066
02:52:18.239 --> 02:52:26.520
skyscraper is built and completed, right
in the aftermath of that is a world

2067
02:52:26.760 --> 02:52:33.680
economic crisis. And so what this
tells us is that when central banks go

2068
02:52:33.799 --> 02:52:41.319
through long concerted efforts to artificially lower
interest rates for a very long time,

2069
02:52:41.399 --> 02:52:46.559
that eventually somebody comes up with the
idea that they're going to build a record

2070
02:52:46.639 --> 02:52:52.959
setting skyscraper. It's very difficult technologically, not just the money, but every

2071
02:52:54.000 --> 02:52:58.680
time you build taller, you've got
to come up with completely different and new

2072
02:52:58.719 --> 02:53:05.879
ways of building a building. Designing
a building, all of the elevators and

2073
02:53:05.959 --> 02:53:13.639
the water system, sewage, air
conditioning, everything about it has to change

2074
02:53:13.719 --> 02:53:20.120
a little bit in order to make
a record possible, and so you can

2075
02:53:20.159 --> 02:53:26.959
go back into the nineteenth century and
every time you see these low interest rate

2076
02:53:26.159 --> 02:53:33.280
periods, a record setting skyscraper and
then a big economic crisis. And so

2077
02:53:33.440 --> 02:53:41.479
the skyscraper is really just an illustration
of what's going on throughout the economy.

2078
02:53:41.719 --> 02:53:48.639
Everybody's you know, with the new
interest these new low interest rates, everybody

2079
02:53:48.719 --> 02:53:58.319
is implementing new technologies, stuff that
is future related technologies. When we're seeing

2080
02:53:58.319 --> 02:54:03.920
that today with artificial intelligence, for
example, that probably wouldn't have come about

2081
02:54:03.959 --> 02:54:11.239
for several years. But because Google
and some of these other companies have just

2082
02:54:11.399 --> 02:54:18.360
tons of money sitting around, they
were able to finance those kind of research

2083
02:54:18.399 --> 02:54:24.319
efforts and bring them online before their
time. But the skyscraper, again is

2084
02:54:24.399 --> 02:54:30.840
just an illustration of what goes on
in the economy, except for maybe mom

2085
02:54:30.879 --> 02:54:39.639
and pop grocery stores and restaurants,
where everybody's adapt adopting new technologies before their

2086
02:54:39.760 --> 02:54:48.200
time. They're changing their structure of
production that's not really in sync with the

2087
02:54:48.280 --> 02:54:52.760
true interest of consumers. And as
a consequence, once interest rates start to

2088
02:54:52.879 --> 02:54:58.719
rise, all of these investments,
all of these investments in technology and future

2089
02:54:58.719 --> 02:55:05.239
tech anology really break and it brings
the economy into an economic crisis. I'm

2090
02:55:05.280 --> 02:55:11.479
all, you know, I'm all
for technology, and I love futuristic things,

2091
02:55:11.079 --> 02:55:16.719
but if we do it as a
society, we're barking up the wrong

2092
02:55:16.840 --> 02:55:24.079
tree, essentially. And the skyscraper
is just a really good illustration of how

2093
02:55:24.159 --> 02:55:30.639
that takes place when we can't really
see it in our everyday lives. And

2094
02:55:30.680 --> 02:55:37.239
I explain how this works using some
simple examples for people to understand, and

2095
02:55:37.319 --> 02:55:48.440
also examples of how the economy develops
naturally in terms of implementing new technologies and

2096
02:55:48.559 --> 02:55:54.319
new production techniques and new structures of
production in the economy. So there's a

2097
02:55:54.440 --> 02:55:58.120
natural way to do this, and
there's an artificial way to do this,

2098
02:55:58.760 --> 02:56:05.360
and the artificial way leads to economic
crisis. That's interesting. That's very interesting.

2099
02:56:05.719 --> 02:56:09.079
As you're talking about this and thinking
how the you know, they as

2100
02:56:09.120 --> 02:56:13.959
they build these skyscrapers and they're pushing
everything to all new level, going to

2101
02:56:13.040 --> 02:56:16.000
do this in a way that's never
been done before. I'm thinking maybe it's

2102
02:56:16.000 --> 02:56:20.239
a tower babble curse that's that's going
on there. Or the Titanic. Right,

2103
02:56:20.440 --> 02:56:24.680
wait, we got this new uh, this new ship and it's unsinkable

2104
02:56:24.719 --> 02:56:28.680
and because at the heart of it
is really kind of a lot of pride

2105
02:56:28.719 --> 02:56:33.319
that goes before these falls, but
it is it is interesting to see that

2106
02:56:33.520 --> 02:56:37.399
happening as a phenomenon. And as
you're talking about this a skyscraper curse,

2107
02:56:37.440 --> 02:56:41.000
you know, one of the things
in the commercial real estate uh as,

2108
02:56:41.200 --> 02:56:46.680
as it's starting to become a real
issue, they have these things called mezzanine

2109
02:56:46.920 --> 02:56:48.479
loans. Maybe you know what it
is, but I'd never seen that before.

2110
02:56:50.040 --> 02:56:52.840
For the people who aren't in the
business, they said, you know,

2111
02:56:54.040 --> 02:56:58.159
it's it's called a mezzanine loan because
people do this high risk loan because

2112
02:56:58.200 --> 02:57:01.639
they're not the they're not at the
top of the capital stack, and so

2113
02:57:01.799 --> 02:57:09.040
they're further down if things if the
skyscraper gets cursed and it collapses, there

2114
02:57:09.040 --> 02:57:11.799
are a few floors down and they
don't get paid right away, and so

2115
02:57:11.920 --> 02:57:18.559
it's much riskier and they get a
higher loan in it. But there after

2116
02:57:18.760 --> 02:57:22.520
the two thousand and eight crash,
the government prohibited that for the big banks

2117
02:57:22.520 --> 02:57:26.280
that they bailed out. They said, because it's riskier, so you're going

2118
02:57:26.360 --> 02:57:30.920
to do safer things, they said, But that's another level of risk that

2119
02:57:31.200 --> 02:57:35.639
these small and medium sized banks assumed
in the interim, which is going to

2120
02:57:35.639 --> 02:57:39.479
be another thing that is going to
wipe them out, perhaps because now these

2121
02:57:39.559 --> 02:57:46.719
mezzanine loans are really you know,
they're collapsing left and right. Yeah,

2122
02:57:46.760 --> 02:57:52.680
I mean, the idea that the
government bureaucrats can regulate financing of investments is

2123
02:57:52.799 --> 02:57:58.360
just ludicrous, you know. And
they themselves opened up this opportunity by not

2124
02:57:58.520 --> 02:58:07.319
allowing certain banks to be involved and
then yet making funds available in the economy

2125
02:58:07.399 --> 02:58:11.280
for one or two percent. So
naturally somebody is going to come along.

2126
02:58:13.120 --> 02:58:18.000
Somebody is going to be willing to
borrow money at two percent in order to

2127
02:58:18.159 --> 02:58:26.040
lend it. Making these mezzanine loans
for financing large construction projects and earning ten

2128
02:58:26.159 --> 02:58:33.799
or twelve percent. Somebody, somebody's
going to do that, even though they

2129
02:58:33.840 --> 02:58:35.799
don't Yeah, they don't. Yeah, that's right. They take the bait,

2130
02:58:37.920 --> 02:58:43.639
even though they don't have collateral in
the building, and even though it's

2131
02:58:43.760 --> 02:58:52.120
maybe not as long a term loan
as the initial investors, the people who

2132
02:58:52.200 --> 02:58:56.040
are covered with the collateral and so
forth. You know, somebody is going

2133
02:58:56.120 --> 02:59:00.639
to be willing to take that bait. And uh, you know, and

2134
02:59:00.760 --> 02:59:07.959
I don't know what the overall figure
is but of course, the the market

2135
02:59:07.120 --> 02:59:15.600
as a whole with commercial real estate
is trillions of dollars and we're starting to

2136
02:59:15.639 --> 02:59:20.600
see the cracks in those markets,
you know, where projects are failing,

2137
02:59:20.879 --> 02:59:22.920
right, and it's going to affect
everybody's because it's going to it's going to

2138
02:59:24.360 --> 02:59:28.280
be a massive curse for the entire
banking industry and that is going to filter

2139
02:59:28.319 --> 02:59:31.479
ound and affect everybody. Absolutely is. It's been great talking to you.

2140
02:59:31.680 --> 02:59:35.760
Thank you for coming on. Mark
Thornton and he is a senior fellow at

2141
02:59:35.840 --> 02:59:39.680
the Mesas Institute. You can find
his book that we've been talking about.

2142
02:59:39.079 --> 02:59:43.559
There's a lot in there. You
can see that for free as a PDF

2143
02:59:43.680 --> 02:59:46.200
or an ebook. They have an
audiobook that they do sell, but you

2144
02:59:46.280 --> 02:59:52.000
can find other information very use full
information at mess dot org, m I

2145
02:59:52.239 --> 02:59:54.639
sees dot org. Thank you so
much for joining us, sir, Thank

2146
02:59:54.680 --> 02:59:58.879
you David. It's my pleasure.
Thank you, and thank you everyone for

2147
02:59:58.000 --> 03:00:01.479
joining us. And thank you Dougal
log I appreciate the tip. Thank you

2148
03:00:01.600 --> 03:00:18.159
very much. Have a good day, everybody. The common Man they created

2149
03:00:18.200 --> 03:00:22.079
common Core and dumbed down our children. They created common past track and control

2150
03:00:22.280 --> 03:00:28.520
us. They're Commons project to make
sure the commoners own nothing and the communist

2151
03:00:28.760 --> 03:00:35.799
future. They see the common man
as simple, unsophisticated ordinary. But each

2152
03:00:35.879 --> 03:00:43.399
of us has worth and dignity created
in the image of God. That is

2153
03:00:43.479 --> 03:00:46.600
what we have in common. That
is what they want to take away.

2154
03:00:46.479 --> 03:00:52.360
Their most powerful weapons are isolation,
deception, intimidation. They desire to know

2155
03:00:52.559 --> 03:00:58.959
everything about us, while they hide
everything from us. It's time to turn

2156
03:00:58.079 --> 03:01:03.319
that around and expose what they want
to hide. Please share the information and

2157
03:01:03.399 --> 03:01:09.200
links you'll find at the Davidnightshow dot
com. Thank you for listening, Thank

2158
03:01:09.239 --> 03:01:18.079
you for sharing. If you can't
support us financially, please keep us in

2159
03:01:18.159 --> 03:01:46.239
your prayers. D Davidknightshow dot com. If you like the Eagles, Highway,

2160
03:01:46.680 --> 03:01:50.639
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2161
03:01:52.680 --> 03:01:56.799
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2162
03:01:56.959 --> 03:01:58.520
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