1 00:00:00,480 --> 00:00:07,160 Hey, you want a free ten thousand dollars debit card. We're gonna talk 2 00:00:07,160 --> 00:00:12,160 with Zach Abraham about how you can get one. We'll do that with the 3 00:00:12,160 --> 00:00:16,359 help of renewed dot Healthcare. That's where this thing. I gotta tell you 4 00:00:16,399 --> 00:00:20,239 a story something I accidentally did the other day. Goodness, that should have 5 00:00:20,239 --> 00:00:22,960 blown up, but it didn't. Renew Dot Healthcare we go to elevate your 6 00:00:22,960 --> 00:00:26,480 health care. We'll do that also. We cannot do this without God, 7 00:00:26,480 --> 00:00:30,839 Almighty Father, God, Thank you for the friendship with Zach, the fellowship. 8 00:00:31,000 --> 00:00:34,359 Zach Abraham joining us now, Thank you for wise counsel, and mostly 9 00:00:34,399 --> 00:00:39,520 for Zach. Sand I don't know nothing. It's all about God. The 10 00:00:39,719 --> 00:00:46,439 Todd Herman Show is one hundred percent disapproved by big pharma technocrats and tyrants everywhere. 11 00:00:47,759 --> 00:00:54,840 No from the high mountains of Free America. Here's the Emerald City exile 12 00:00:55,880 --> 00:01:07,040 Todd Herman. Today is the day the Lord has made in these at the 13 00:01:07,079 --> 00:01:12,200 times to which God has decided we shall live. Zach Abraham joins us now 14 00:01:12,920 --> 00:01:21,840 on the Todd Herman Show, Zach consulting the Chances Hall shot the sharp man 15 00:01:22,000 --> 00:01:26,239 joined this. Welcome back, brother, Oh, it's good to be back. 16 00:01:26,840 --> 00:01:30,159 So I don't know that it's fun to be a chart guy in this 17 00:01:30,200 --> 00:01:34,680 world today. We don't get it. We don't get the game we want. 18 00:01:34,719 --> 00:01:37,359 Man, we get the game that we get right. Yeah, guys, 19 00:01:37,359 --> 00:01:38,439 if you haven't paid for the video service yet, can I give you 20 00:01:38,480 --> 00:01:42,760 just one thing that give you the price of admission? Uh? Video dot 21 00:01:42,760 --> 00:01:46,519 The Todd hermersa dot com is watching when Zach is doing his job because he's 22 00:01:46,560 --> 00:01:49,359 talking with us. He multitasks sometimes and I can see him look at it, 23 00:01:49,400 --> 00:01:55,920 go what wondering what bit of financial insent is it? What's that's You 24 00:01:55,959 --> 00:01:59,400 can't and just think, Oh, it's that's the market we're in. That's 25 00:01:59,400 --> 00:02:00,640 the market. Work hide it. I can't hide it. No, and 26 00:02:00,680 --> 00:02:04,879 why should you? Can I tell you something that happened to me that just 27 00:02:05,000 --> 00:02:07,599 yeah? Okay, So I keep looking at the wrong camera. I keep 28 00:02:07,640 --> 00:02:09,680 forgetting I need to look at this camera because now I'm looking Zach in the 29 00:02:09,680 --> 00:02:13,919 eye. So you see my right shoulder hair, Zach, Yeah, that's 30 00:02:13,960 --> 00:02:16,000 the one I got surgery on. So we're in the GM the of the 31 00:02:16,080 --> 00:02:19,759 day, warming up, and I'm going to be doing some single arm kettlebell 32 00:02:19,800 --> 00:02:23,599 swings and releasing them at the top, you know, so go smooth and 33 00:02:23,639 --> 00:02:27,240 release them at the top. And I do ten reps with thirty five pounds, 34 00:02:27,919 --> 00:02:29,840 and my coach says, what do you think about going up a little 35 00:02:29,879 --> 00:02:32,000 bit? Like that seemed pretty smooth. So I go walking back to put 36 00:02:32,000 --> 00:02:34,840 the kettlebell back, and I said, yeah, you know, we could 37 00:02:34,840 --> 00:02:36,840 do that, go up a little bit, although I said, I do 38 00:02:36,879 --> 00:02:38,639 want to kind of take it easy. At my right shoulder. I've been 39 00:02:38,680 --> 00:02:44,080 doing a lot on that. Then I went, oh, no, the 40 00:02:44,159 --> 00:02:50,639 coach goes, what I go. I used my right hand, Todd, 41 00:02:51,439 --> 00:02:53,840 it's the right shoulder, the one that I had surgery on, and it's 42 00:02:53,879 --> 00:02:59,439 at week ten, and I'm swinging at thirty five pound kettlebell ten times and 43 00:02:59,520 --> 00:03:04,000 releasing it just tall like she was. I can't believe I didn't notice that 44 00:03:04,039 --> 00:03:08,400 you're just stop your I didn't notice. I didn't notice. He praise God 45 00:03:08,439 --> 00:03:13,039 that I didn't feel as snapping, feeling as all. There's the anchor popped 46 00:03:13,039 --> 00:03:16,159 out. No, what what it means is you got your boosters. That 47 00:03:16,319 --> 00:03:21,800 it's that's this is the stem cells. I'm telling you. Oh it's the 48 00:03:21,840 --> 00:03:24,560 booster shots. Oh yeah, it might you know, No, no, 49 00:03:24,759 --> 00:03:28,919 I avoided those. I got the stem cells from menew That's what did it. 50 00:03:28,960 --> 00:03:31,199 And the HGH and and and all that's made possible by God. He 51 00:03:31,280 --> 00:03:37,080 invented the HGH. They he invented the placenta stem uh and and uh and 52 00:03:37,199 --> 00:03:44,000 uh milical cord stem cells. But can you imagine what would have happened if 53 00:03:44,000 --> 00:03:47,680 I just felt that snap, like when I'm swinging this, I would have 54 00:03:47,680 --> 00:03:51,319 walked in front of a bus. I don't think. Yeah, I don't 55 00:03:51,319 --> 00:03:53,439 think people get it, Like because when you said that, like I literally 56 00:03:53,479 --> 00:03:57,240 I had a moment of panic. Oh you thought he was gonna tell you, 57 00:03:57,280 --> 00:04:00,479 Okay, guess what more surgery? Oh yeah, because I'm sitting there 58 00:04:00,479 --> 00:04:03,360 going okay, that ices workouts for me. The golf is gone. No, 59 00:04:03,599 --> 00:04:08,199 you know, no wakeboarding with the boys that said, like it's all 60 00:04:08,240 --> 00:04:13,560 oh right, right, So were wrapped a black elastic band around my hand, 61 00:04:13,919 --> 00:04:15,000 right right hand for the rest of the time in the gym, Like, 62 00:04:15,079 --> 00:04:18,959 don't use this hand since tomorrow I want to write like a big red 63 00:04:19,160 --> 00:04:21,879 X on it and do that. All right. We teased this at the 64 00:04:21,879 --> 00:04:26,120 top of the show, so let's pay it off. How do you get 65 00:04:26,120 --> 00:04:30,000 these ten thousand dollars debit cards. It's in New York And do you have 66 00:04:30,040 --> 00:04:32,000 to be a bypocker. You just have to seek into the country, do 67 00:04:32,000 --> 00:04:35,439 you know? I don't know. My wife and kids are on the way 68 00:04:35,480 --> 00:04:40,399 to New York right now, so I'll let you know. I was like, 69 00:04:40,439 --> 00:04:44,079 hey, kids, you gotta go, we gotta go square away this 70 00:04:44,160 --> 00:04:47,240 year's college fund deal. Okay, good, all right, Well I want 71 00:04:47,240 --> 00:04:50,800 to invest in their education, right right, So like, go, come 72 00:04:50,800 --> 00:04:54,759 on, go, get one for the hometown. Nothing's more educational than hey, 73 00:04:54,759 --> 00:04:56,920 you got some dark skin. What we're gonna have you do is we're 74 00:04:56,959 --> 00:04:59,720 gonna fly you down. Just just just pass the border, not very far 75 00:05:00,040 --> 00:05:02,240 heavy sneak over head over to New York City. Gets yourself a ten thousand 76 00:05:02,240 --> 00:05:05,600 dollars debit card. You you know, three kids, my mom. That's 77 00:05:05,800 --> 00:05:09,879 that's thirty forty grand for the family. You can't do it because your wife. 78 00:05:10,000 --> 00:05:12,360 It's a one way ticket too. So it's a one way ticket. 79 00:05:12,480 --> 00:05:15,519 Okay, look, I've got the other tickets ready to roll, kiddos, 80 00:05:15,600 --> 00:05:18,199 but you better show me the goods, right, So yeah, it's it's 81 00:05:18,199 --> 00:05:24,279 a family college funding plant. No, no, I so a where where 82 00:05:25,399 --> 00:05:29,120 this just reeks to me, because where do you come up with ten thousand? 83 00:05:29,199 --> 00:05:32,319 And who's funding that? Ry it? Reeks? Why why ten thousand? 84 00:05:32,399 --> 00:05:34,360 What do we? What do we do? What's going on here? 85 00:05:34,480 --> 00:05:40,600 Fifty three million dollars in taxpayer monies to a straight upright, very good, 86 00:05:40,680 --> 00:05:46,040 honest company called Mobility Capital Finance, So they get to administer that and it's 87 00:05:46,079 --> 00:05:49,000 just just some walking around money's it's not like they're trying to incentivize this. 88 00:05:49,240 --> 00:05:54,720 You did you ever meet Mike Lewis at Kyle Radio? I know the name, 89 00:05:54,879 --> 00:05:57,959 Okay, So I once said to him, our city of Seattle is 90 00:05:58,000 --> 00:06:02,759 advertising for legal immigrants to come here. He was so furious. I was 91 00:06:02,759 --> 00:06:05,639 doing a team show with him. He was so furious he wanted to punch 92 00:06:05,680 --> 00:06:08,639 me. I could tell he wanted to hit me, but he knew that 93 00:06:08,680 --> 00:06:12,959 he shouldn't. And he said, I don't see the ads. How is 94 00:06:13,000 --> 00:06:15,199 this not an AD ten grant? And by the way, they're going to 95 00:06:15,319 --> 00:06:18,920 investigate this, and you know, think of what do you think the review 96 00:06:18,920 --> 00:06:24,519 process was like the RP process where companies were bidding for this? There wasn't 97 00:06:25,560 --> 00:06:30,319 It was highly competitive? Yeah? No, I mean, I mean just 98 00:06:30,959 --> 00:06:35,000 anytime anytime a state or city government is running something, I just sit back 99 00:06:35,160 --> 00:06:41,800 with total confidence, knowing right there is a fiduciary duty and responsibility which they're 100 00:06:41,800 --> 00:06:45,160 administering those funds. And you know, we're building America one person at time. 101 00:06:45,800 --> 00:06:48,240 So explain the finances here to me, because here's what I think happens, 102 00:06:48,399 --> 00:06:53,199 and tell me if I'm wrong. So the taxpayers they get they get 103 00:06:53,199 --> 00:07:00,480 all I almost said raped I'd be apt, So that the tax sparers have 104 00:07:00,519 --> 00:07:05,240 fifty three millions soldn from them, and it goes to this Mobility Capital Finance 105 00:07:05,759 --> 00:07:09,759 and then they hand out the debit cards to the illegals. Now, the 106 00:07:09,800 --> 00:07:12,759 illegals, they're not going to go out and spend ten thousand dollars in one 107 00:07:12,800 --> 00:07:16,680 day. Probably maybe they will, but Mobility Capital Finance takes that fifty three 108 00:07:16,720 --> 00:07:21,240 million. They get it on a Friday. Then they say, we need 109 00:07:21,240 --> 00:07:25,959 to process some things and start handing this out, so the debit cards will 110 00:07:25,959 --> 00:07:30,240 start going out sometime in twenty twenty seven. Are you serious? No, 111 00:07:30,480 --> 00:07:34,079 I'm guessing. I mean, but you don't think they'd actually be making money 112 00:07:34,079 --> 00:07:39,279 on the float, do you? Oh? No, guaranteed guaranteed as a 113 00:07:39,360 --> 00:07:42,360 matter of fact, if we look under, the biggest shareholder of that little 114 00:07:42,360 --> 00:07:46,199 company is probably Larry Fink's son in law. No, literally, you don't 115 00:07:46,240 --> 00:07:49,480 get I saw dribbled water in my shirt. Do you want a reason to 116 00:07:49,480 --> 00:07:54,920 have the video service? Look? It goes back to you and I have 117 00:07:54,959 --> 00:07:57,879 talked about this before, but I was just having this conversation with another client 118 00:07:57,920 --> 00:08:03,560 of mine. Okay, we especially everybody in the country needs to wake up, 119 00:08:03,560 --> 00:08:05,600 but even people on the right need to wake up. And I've had 120 00:08:05,600 --> 00:08:09,480 this discussion with several of my clients where they go, no, Zach, 121 00:08:09,519 --> 00:08:13,519 we don't want any government interference. I really believe in a free market. 122 00:08:13,639 --> 00:08:16,360 Okay, I get you, right, And I was having this conversation about 123 00:08:16,399 --> 00:08:20,079 increased regulations. Yeah, and when I say that, people go, wait 124 00:08:20,079 --> 00:08:22,240 a second, Zach, what I thought you're a free market guy. Oh? 125 00:08:22,279 --> 00:08:26,120 I am a free market guy. Okay. The problem is is that 126 00:08:26,199 --> 00:08:30,439 when you have this cabal of big business and government, right, it's not 127 00:08:30,519 --> 00:08:35,360 a free market right right, It's not even corporate America. This is why 128 00:08:35,399 --> 00:08:37,879 I say so called companies, right, yeah, yeah, this is will 129 00:08:37,879 --> 00:08:41,559 build a camp on the finance that's not a company. No. But and 130 00:08:41,600 --> 00:08:46,000 if you look at it, every time there's something behind it the reeks, 131 00:08:46,080 --> 00:08:48,960 right, like for instance, like Blackrock, Right, like we told you 132 00:08:48,960 --> 00:08:52,360 you know, Blackrock got the right or got the job. It was just 133 00:08:52,399 --> 00:08:56,279 give it to them to trade to buy two and a half trillion dollars worth 134 00:08:56,279 --> 00:08:58,440 of stuff out of the FEDS SPV, and they collected fees on it billions 135 00:08:58,480 --> 00:09:03,200 of dollars. Okay, Then those corporations take those fees that Blackrock or the 136 00:09:03,279 --> 00:09:07,639 US Treasury didn't call Bulwark and ask us if we could buy some stuff for 137 00:09:07,720 --> 00:09:09,639 him, right, they called their buddies a black Rock. Okay, So 138 00:09:11,200 --> 00:09:13,519 then they get billions of dollars of fees and then take those billions of dollars 139 00:09:13,519 --> 00:09:18,159 and buy up city blocks of residential housing. Right. You don't see something 140 00:09:18,360 --> 00:09:22,399 like this without the grift going on underneath it. So I will flat out 141 00:09:22,440 --> 00:09:26,960 guarantee you that there is somebody, and I would be surprised if if we 142 00:09:28,039 --> 00:09:31,120 dug deep enough we didn't recognize a name. Yeah, right, I guarantee 143 00:09:31,120 --> 00:09:35,440 you, because you don't get those government deals unless you're playing the game. 144 00:09:35,480 --> 00:09:39,639 Man. No, It's like this is so so very clear in all of 145 00:09:39,679 --> 00:09:43,840 these things, like take for instance, this obsessive push so all of a 146 00:09:43,840 --> 00:09:50,320 sudden, electricity is the new thing, all of a sudden, like natural 147 00:09:50,360 --> 00:09:56,679 gas. What that's killing the blacks? Well what about no, no, 148 00:09:56,639 --> 00:10:00,639 no, here's the other irony. Here's the other irony. It's killing the 149 00:10:00,639 --> 00:10:03,600 inner city black. How many inner city homes have that gat? Oh no, 150 00:10:03,639 --> 00:10:07,320 it's not their homes, it's yours. It's yours, going from the 151 00:10:07,360 --> 00:10:11,320 separate country of Washington, floating over there, and and you know, killing 152 00:10:11,360 --> 00:10:15,759 the blacks in Harlem. So they make that statements. They all of a 153 00:10:15,799 --> 00:10:18,720 sudden, jutcho trends. You know, we've got to have electricity, And 154 00:10:18,200 --> 00:10:22,879 everybody in the world who has studied this at all says you're going to break 155 00:10:22,879 --> 00:10:26,519 the electrical grid. And no, but that doesn't matter. Do you know 156 00:10:26,559 --> 00:10:35,080 how paid off we are, that mobbed up thing with companies like this that 157 00:10:35,200 --> 00:10:39,159 we need to start there. It's got to be a word for these companies 158 00:10:39,159 --> 00:10:43,120 that aren't companies. I call them so called companies, their cartels. What 159 00:10:43,159 --> 00:10:45,960 would be a good word that would describe what they actually they are, which 160 00:10:46,000 --> 00:10:54,039 is they're the they're the inbred children of government. Oh, how about incubus, 161 00:10:54,240 --> 00:10:58,000 they're robber barons, they're the modern day robber barons. Right, And 162 00:10:58,080 --> 00:11:03,639 all you've done is you've just so the mechanism that the robber barons had a 163 00:11:03,639 --> 00:11:05,960 lot of political influence too. I mean, if you go back and look 164 00:11:07,000 --> 00:11:11,200 at you know, the way that they grind it against or Teddy Roosevelt when 165 00:11:11,200 --> 00:11:13,799 he was you know, he got a lot of pushback against those guys. 166 00:11:13,919 --> 00:11:18,440 Yeah, but they weren't in cahoots with government the same way. But there 167 00:11:18,440 --> 00:11:22,240 were less rules, right, So it's it's tyranny and just by another lever 168 00:11:22,679 --> 00:11:28,519 right. So whereas there are more anti trust rules that these guys have to 169 00:11:28,600 --> 00:11:33,639 dance around, that is, in my opinion, supplanted by the fact that 170 00:11:33,639 --> 00:11:35,960 they're in bed with big government. So I think that they're just as disruptive 171 00:11:37,480 --> 00:11:41,240 and just as damaging to the economy in the long run as the robber barons 172 00:11:41,240 --> 00:11:45,919 were. And I think they need to be busted up for the same reason 173 00:11:46,679 --> 00:11:50,600 there. Going with regulation is busting people like this up like busting up a 174 00:11:50,600 --> 00:11:54,559 black rock, busting up these big banks. Yeah. And and here's the 175 00:11:54,600 --> 00:11:56,159 thing. The bank side of it, in my opinion, is really easy, 176 00:11:56,720 --> 00:12:01,279 Okay. And the reason why I think it's really is, I think 177 00:12:01,320 --> 00:12:03,600 what the government should do is they should say, look, here are the 178 00:12:03,679 --> 00:12:09,559 rules, okay, and if you operate this way, we will keep you 179 00:12:09,639 --> 00:12:13,679 will be eligible for FDIC insurance. If you choose to engage in these activities, 180 00:12:13,679 --> 00:12:18,720 you are not eligible for eligible for FDIC insurance. And then you step 181 00:12:18,759 --> 00:12:22,159 back and go caveatom tour. Guys, if you think that bank is so 182 00:12:22,279 --> 00:12:24,120 much better, then you're going to be willing to take the risk of not 183 00:12:24,200 --> 00:12:30,679 being FDIC insured. And here's the beautiful thing about that, it's self regulating. 184 00:12:31,240 --> 00:12:35,600 Right. You want these banks to quit taking these outside stupid risks and 185 00:12:35,080 --> 00:12:39,240 then let if they know they don't have a net underneath them. And I'm 186 00:12:39,279 --> 00:12:41,879 just telling you as a guy that runs a finance firm, right, like, 187 00:12:41,080 --> 00:12:45,440 I know these guys, if they know they're on the hook for it, 188 00:12:45,480 --> 00:12:46,879 they're not going to do it. Yeah, yeah, right. I 189 00:12:46,919 --> 00:12:50,559 love that. I love the fact that they know when they bet that big, 190 00:12:50,919 --> 00:12:54,960 they have to get bailed out, right, Okay, So then I 191 00:12:54,000 --> 00:12:56,840 would also do this. Then what we need to begin to do as well 192 00:12:58,039 --> 00:13:01,240 is on another front of this, look, legitimately, what's going on in 193 00:13:01,279 --> 00:13:05,559 New York. So it's a mobbed up entity, a robber, baron, 194 00:13:05,879 --> 00:13:11,080 an incubus. This capital mobility finance. My opinion of them sucubis, sucubists, 195 00:13:11,080 --> 00:13:16,320 okay, sucubists. And they are handing out money to people who broke 196 00:13:16,360 --> 00:13:22,320 the law. They're rewarding that. Okay, fair enough. Every robbery, 197 00:13:22,120 --> 00:13:28,919 every rape, every drunk driving incident that these people commit, you are party 198 00:13:30,000 --> 00:13:33,519 to that. You have funded their lifestyle, You have rewarded them for coming 199 00:13:33,559 --> 00:13:37,759 in the ones we tie back to the cartels, because not all these people 200 00:13:37,840 --> 00:13:39,480 are evil people. They broke the law, they're criminals. All of them 201 00:13:39,519 --> 00:13:43,120 are criminals for sneaking into the country illegally, but not all of them are 202 00:13:43,159 --> 00:13:48,679 horrible people. Let's not pretend for a second. But I'm sorry, but 203 00:13:48,720 --> 00:13:54,120 the working aged men who are here to exploit us, and god knows what 204 00:13:54,159 --> 00:13:58,960 else, we already know that some of them are cartel members. The kids 205 00:13:58,000 --> 00:14:01,519 who beat up these cops, these young men who beat up the cops, 206 00:14:01,440 --> 00:14:05,759 we now know they're tied to cartels. So hey, mobility capital finance, 207 00:14:05,799 --> 00:14:09,840 guess what you're aiding and abetting a criminal enterprise. Here's the other things. 208 00:14:11,360 --> 00:14:16,080 At them, but zech go at them criminally, you're in bed Well, 209 00:14:16,320 --> 00:14:18,559 I mean, yeah, I would assume that like anybody's gonna agree it's a 210 00:14:18,600 --> 00:14:24,120 criminal action, right, Like I mean meaning you were so far out there 211 00:14:24,159 --> 00:14:28,720 at this point. For instance, you look at these people and go, 212 00:14:28,960 --> 00:14:31,720 well, we were built on yes, and I'd like to streamline the immigration. 213 00:14:31,960 --> 00:14:35,600 My uncle moved up here married to a Panamanian woman that got a master's 214 00:14:35,639 --> 00:14:41,120 in engineering from LSU. Okay, it took her ten years to get her 215 00:14:41,120 --> 00:14:45,879 citizenship. I'm all about streamlining. It's ridiculous. I've got an analyst in 216 00:14:45,919 --> 00:14:48,159 England right now that I can't move here because I can't get them a green 217 00:14:48,200 --> 00:14:54,360 card. Okay, it's ridiculous. Right, and yet these cats come strolling 218 00:14:54,440 --> 00:14:58,000 in everybody's like you believe in immigration. I go, if it's what built 219 00:14:58,039 --> 00:15:01,840 our country, and I go. They weren't getting ten thousand dollars checks. 220 00:15:01,159 --> 00:15:05,960 So by definition, the people you were attracting were just ones that wanted a 221 00:15:07,000 --> 00:15:09,559 fair shake. That was it, right, Just give me a shot, 222 00:15:09,679 --> 00:15:11,879 just give me a chance. That worked, unfettered. Right. They didn't 223 00:15:11,919 --> 00:15:16,879 want they didn't want forty acres in the mule, they didn't want a debit 224 00:15:16,960 --> 00:15:20,919 card paid for. They just wanted a fair shake. Okay, now you're 225 00:15:20,000 --> 00:15:24,759 ringing the welfare Bill Bell, So what are you doing. You're inviting in 226 00:15:24,840 --> 00:15:28,960 fraudsters and the least common denominator, that's the problem. And you're inviting people 227 00:15:28,960 --> 00:15:31,639 who hate America and you're allowing them to continue to hate America. So you 228 00:15:31,759 --> 00:15:37,000 end up with voting districts that are eighty percent Muslim and they're electing people like 229 00:15:37,039 --> 00:15:43,720 elin Omar and she hates America. The swindle upon swindle that's related to this, 230 00:15:43,840 --> 00:15:48,159 the rigging of the electoral college just by the fact of electro college weight, 231 00:15:48,240 --> 00:15:52,120 and these congressional districts. Someone I read this study of the day. 232 00:15:52,120 --> 00:15:56,960 There's at least twenty maybe twenty five extra congressional seats that are totally due to 233 00:15:56,960 --> 00:16:02,000 illegal immigration. And the Democrats have figured this out, and Republicans are afraid 234 00:16:02,039 --> 00:16:07,240 to go hardcore on things that criminal investigations to fight back against this. All 235 00:16:07,320 --> 00:16:11,559 right, let's move down to a different swindle. Hold hold on one thing. 236 00:16:11,559 --> 00:16:14,519 I got to add to that, though. I'll get asked that question. 237 00:16:14,799 --> 00:16:17,440 Yeah, I'll get that asked, that question about me, but I'll 238 00:16:17,440 --> 00:16:19,639 also get it asked about you, and I used to get about our good 239 00:16:19,639 --> 00:16:23,960 friend Dory. But my answer to people, so when don't they ask like, 240 00:16:25,080 --> 00:16:26,480 hey, what's he really like? And I just always chuckle and I 241 00:16:26,519 --> 00:16:32,320 go, oh, you don't understand. Todd does not have the ability to 242 00:16:32,360 --> 00:16:37,360 be inauthentic like he did. There is nothing incongruent with Todd when you know 243 00:16:37,440 --> 00:16:41,440 him, Like you're just getting taught. Like it's just that simple, right, 244 00:16:41,879 --> 00:16:42,840 which is probably what you get to what people go, well, you 245 00:16:42,879 --> 00:16:45,200 really think that? And I'm like, listen, if you hear what I 246 00:16:45,200 --> 00:16:48,480 have to say on the radio, it's that it's just me right right, 247 00:16:49,000 --> 00:16:52,320 it's what I think. I can guarantee you. I don't even know how 248 00:16:52,320 --> 00:16:53,360 to do that. But no, I always laugh when I get that question 249 00:16:53,399 --> 00:16:56,080 about you, because I'm like, Todd is one of the few people in 250 00:16:56,080 --> 00:17:03,519 the world that could be possibly accused of being too not not not possibly accused. 251 00:17:03,759 --> 00:17:08,000 You asked my wife about Hey, can we go ahead and not have 252 00:17:08,240 --> 00:17:14,119 our marriage be a big topic of conversation on the show. I'm just saying, 253 00:17:14,279 --> 00:17:18,880 I mean, you know, if it's so, there are band what? 254 00:17:21,119 --> 00:17:23,640 No, I didn't say, Yeah, she's over here at the studio 255 00:17:23,720 --> 00:17:29,359 visiting. She's got a button that she can press binding my wife has that 256 00:17:29,440 --> 00:17:37,079 blood wherever I come, I don't know that there's any better way to show 257 00:17:37,160 --> 00:17:44,000 commitment to Independence day all year than to join with a coffee company. Born 258 00:17:44,680 --> 00:17:49,279 of a Navy seal, Tim Crookshank is a three time combat vet with us 259 00:17:49,839 --> 00:17:55,920 on our behalf, and he is a BUDS instructor retired. He's also a 260 00:17:55,960 --> 00:17:59,720 guy who could have taken that whole image at whole Navy Seal image and gone 261 00:17:59,759 --> 00:18:03,839 in private labeled junk coffee and then put a Navy Seal logo on it. 262 00:18:04,079 --> 00:18:08,160 He didn't. He worked with a coffee legend named Dave Stewart to create bone 263 00:18:08,200 --> 00:18:11,960 Frog Coffee. Dave created Seattle's best coffee, and then Tim went about the 264 00:18:11,960 --> 00:18:17,519 process of excellence. But it's what's on the bag that matters. Bone Frog 265 00:18:17,640 --> 00:18:21,680 Coffee is God Country. Team in the bag is the world's best coffee. 266 00:18:22,000 --> 00:18:26,079 That phrase bone Frog Coffee God Country Team will never change. They'll never run 267 00:18:26,119 --> 00:18:30,680 away like that rifle company from the Second Liment. Go to Bonefrog Coffee dot 268 00:18:30,680 --> 00:18:33,640 com slash Todd use promo code Todd to get ten percent off your first order 269 00:18:33,799 --> 00:18:44,200 fifteen percent off subscription coffee. Since I've become discipled and I am around men 270 00:18:44,359 --> 00:18:48,200 who walk in a bide with the Lord Jesus, we're so honest with each 271 00:18:48,200 --> 00:18:56,400 other that I find the honesty slipping out, like and I so admire that 272 00:18:56,079 --> 00:19:00,680 that we have these you know, brother like, I know I can tell 273 00:19:00,720 --> 00:19:07,319 you anything right, and that's been stolen from young men. I am obsessed 274 00:19:07,359 --> 00:19:10,759 with how much has been stolen from young men. We'll get back to finances 275 00:19:10,799 --> 00:19:14,599 in a second, but let me ask you this. What do you think 276 00:19:14,680 --> 00:19:18,039 is the biggest theft that this society has done to young men? I mean, 277 00:19:18,079 --> 00:19:22,200 obviously I would give you an example. Let's talk about this earlier, 278 00:19:22,880 --> 00:19:26,759 not just young men. I didn't get to have a son, but my 279 00:19:26,880 --> 00:19:30,920 daughter. My daughter never got to see me say, honey, you're asking 280 00:19:30,960 --> 00:19:34,559 me some really difficult questions, and I know that you're really hurting. And 281 00:19:34,599 --> 00:19:37,640 you know what, I'm a man and I don't necessarily have the answers to 282 00:19:37,680 --> 00:19:41,720 these. So what if you and I get down on our knees together and 283 00:19:42,039 --> 00:19:45,440 let's open the Bible and let's read through, and let's see what God's word 284 00:19:45,480 --> 00:19:48,160 says about this. You're saying that you don't like how your body looks. 285 00:19:48,599 --> 00:19:52,119 Let's see if I can find the scripture here about how God sees you. 286 00:19:52,759 --> 00:19:55,799 Oh, look here, you were knitted together in the womb, and he 287 00:19:55,839 --> 00:19:57,839 kind of every hair in your head. And here's where God refers to as 288 00:19:57,839 --> 00:20:02,440 his masterpiece in these great plans for you. And you're made in his image, 289 00:20:02,480 --> 00:20:04,640 honey, you made in his image. Oh my goodness, look what 290 00:20:04,680 --> 00:20:07,839 we found together. And then let's go to the psalms and let's let's there's 291 00:20:07,880 --> 00:20:12,039 some places where people have asked God to help them. And and that's the 292 00:20:12,079 --> 00:20:15,920 sign of a man who wants to be too strong for his daughter, or 293 00:20:15,000 --> 00:20:18,799 I wanted to be the wisdom brger and fear of fear of the Lord's a 294 00:20:18,839 --> 00:20:23,000 beginning of wisdom that's been solen from an entire generation of young men. They've 295 00:20:23,039 --> 00:20:26,319 never seen their dad say. I don't know, son, but let's consult 296 00:20:26,359 --> 00:20:30,039 the Bible. Dad, should I I love? I think I love this 297 00:20:30,119 --> 00:20:33,160 girl. I think I want to marry her. Oh wait, the one 298 00:20:33,200 --> 00:20:37,160 who dated all your friends. Yeah, but that was a while ago. 299 00:20:37,960 --> 00:20:41,799 Oh well, yeah, let's see what the Bible says. I think that's 300 00:20:41,839 --> 00:20:45,839 a huge theft. What about you? I think there, I think there's 301 00:20:45,880 --> 00:20:51,039 a couple and I've got two young boys. I haven't dealt with this first 302 00:20:51,079 --> 00:20:55,000 one, but I'll put it out there, and it's something that I bring 303 00:20:55,079 --> 00:20:59,559 up on a bashardly every time I'm talking to younger men. It's sexual promiscuity, 304 00:20:59,640 --> 00:21:03,119 especially pornography, right, the fact that it's okay, right, And 305 00:21:03,160 --> 00:21:07,279 it's not not okay because it's a sin. Okay, it's not okay because 306 00:21:07,279 --> 00:21:12,000 it's going to rot your mind and rob you of intimacy. It's going to 307 00:21:12,119 --> 00:21:18,440 rob you. It It that sexual promiscuity. And I have no problem saying 308 00:21:18,480 --> 00:21:21,279 it. I've dealt with it. I've had battles with it, right, 309 00:21:21,480 --> 00:21:23,000 That's why I'll admit it on here, because by grace, I'm saved. 310 00:21:23,400 --> 00:21:27,000 And my struggles, if they're not used to help younger people or other people, 311 00:21:27,200 --> 00:21:30,960 then what's the point. Right, So, first of all, I 312 00:21:30,039 --> 00:21:33,039 think it comes down to us being honest and saying, hey, you're not 313 00:21:33,119 --> 00:21:37,039 dealing with anything. I heard a pastor recently say there are two types of 314 00:21:37,039 --> 00:21:41,920 men that struggle with pornography. It's or that don't struggle with pornography, blind 315 00:21:42,039 --> 00:21:48,640 men and liars, right, right, And I just and maybe not ongoing, 316 00:21:48,680 --> 00:21:51,640 but at times, and so I think this whole Oh, it's healthy, 317 00:21:51,680 --> 00:21:55,400 it's normal. It is a robber. It wants to get into your 318 00:21:55,400 --> 00:21:59,119 home and bind you. Right. It wants to take everything from you, 319 00:21:59,240 --> 00:22:03,720 including it wants to give you the opposite of what it's promising. Right. 320 00:22:03,720 --> 00:22:07,799 If you want to be unhappy with your wife, get a pornography addiction. 321 00:22:07,279 --> 00:22:11,680 Right, if you want unrealistic expectations to treat women worse, all that other 322 00:22:11,759 --> 00:22:15,119 kind of stuff. Not to mention the women you're exploiting, right, Not 323 00:22:15,200 --> 00:22:23,039 to mention the horrific machine you're funding. Right. That and money, right, 324 00:22:23,079 --> 00:22:26,400 the whole foot sex. And it's two one and two, right that 325 00:22:26,799 --> 00:22:30,640 having money is gonna that makes you a man. That's man. You go 326 00:22:30,759 --> 00:22:34,319 back, you know, Solomon talk to I've seen princes walk with I've seen 327 00:22:34,319 --> 00:22:38,720 princes walk with slaves, and slaves ride with kings. Right, it doesn't 328 00:22:38,759 --> 00:22:44,480 mean anything because it is the most renewable resource on the face of the earth. 329 00:22:44,480 --> 00:22:47,799 And that's all it is. And so you got these boys being told, 330 00:22:48,160 --> 00:22:51,039 get all the chicks and get all the money. If you want a 331 00:22:51,079 --> 00:22:56,440 sad life, go for that. Ye talk about a non purpose driven life. 332 00:22:56,839 --> 00:23:00,359 And until you find your purpose, that is where fulfillment is. It's 333 00:23:00,400 --> 00:23:03,799 not in the stuff, it's not in the sex, it's not in the 334 00:23:03,880 --> 00:23:06,920 culture. As a matter of fact, it's the opposite. It's why I 335 00:23:06,960 --> 00:23:08,680 tell my kids win in doubt, do the opposite. Yeah, there's a 336 00:23:08,680 --> 00:23:14,799 song by the Tubes called She's a Beauty. Don't fall in love She's a 337 00:23:14,839 --> 00:23:15,839 beauty. If you do, you're going to find out she don't love you. 338 00:23:17,680 --> 00:23:21,640 It is one of the best pieces of secular advice for kids because it's 339 00:23:21,680 --> 00:23:25,440 about step up right behind the behind the glasses, a real girl. You 340 00:23:25,480 --> 00:23:29,920 can talk to a pirty girl. She'll give you every she'll give you every 341 00:23:29,960 --> 00:23:33,119 penny's worth, but you must pay her a dollar first. And it's see 342 00:23:33,160 --> 00:23:36,519 and the poort is very much that way. I can tell you this. 343 00:23:36,599 --> 00:23:38,279 I shared this the other night with the youth group. I can look you, 344 00:23:38,400 --> 00:23:41,279 Zach in the eye and tell you I will never look at pornography again. 345 00:23:42,200 --> 00:23:45,920 And the reason I know that is because the change the Holy Spirit in 346 00:23:45,000 --> 00:23:52,519 me. And I haven't looked at pornography in going on two decades. And 347 00:23:52,799 --> 00:23:56,680 what got me was before I was discipled, when I learned that a whole 348 00:23:56,680 --> 00:24:00,440 bunch of it was rape. The moment I learned are like, oh okay, 349 00:24:02,000 --> 00:24:03,880 well all of them suicide rates. Man, I just saw another one 350 00:24:03,880 --> 00:24:07,160 of a thirty some year old porn star that's just off yourself. Yeah, 351 00:24:07,200 --> 00:24:11,400 and I'll never look at it again for that reason. And now that the 352 00:24:11,400 --> 00:24:14,720 Holy Spirit's empowered me in this, what a relief it is to be able 353 00:24:14,759 --> 00:24:18,680 to be around a beautiful woman and look at her as a child of God. 354 00:24:18,279 --> 00:24:22,279 Yeah, right right, But yeah, no, that's the other things. 355 00:24:22,440 --> 00:24:32,839 Yeah. Absolutely, your body as you age is going to experience some 356 00:24:33,039 --> 00:24:36,960 form of inflammation unless you are the magic person who gets the magic blend of 357 00:24:37,000 --> 00:24:41,720 antioxidants, never eats a food that doesn't belong in your body, never overworks, 358 00:24:41,279 --> 00:24:45,160 never has anything like that. Now maybe you're that person. There are 359 00:24:45,200 --> 00:24:48,079 people like that who exist, so I have no some and they do yoga 360 00:24:48,119 --> 00:24:49,880 and they swim and they don't have any of that in their life. If 361 00:24:49,920 --> 00:24:55,200 you, on the other hand, have inflammation, which means you're constantly sore, 362 00:24:55,559 --> 00:24:57,640 you're making noise when you get up, it feels like you just worked 363 00:24:57,680 --> 00:25:02,240 out all the time. This some of the signs of inflammation. It also 364 00:25:02,279 --> 00:25:06,640 comes along with irritability, and it comes along with some problems in let me 365 00:25:06,680 --> 00:25:11,559 be polite. Urination can be an issue. It can the common thing in 366 00:25:11,599 --> 00:25:15,079 the world as you reach for the things of the world like Iberprofen, and 367 00:25:15,160 --> 00:25:19,680 let's be fair to that drug. It does an incredible job of masking the 368 00:25:19,720 --> 00:25:23,759 symptom. Incredible. When I ate for Iberprofen at night, I woke up 369 00:25:23,799 --> 00:25:27,960 and it's like I never had inflammation. Problem was throughout the night that drug 370 00:25:29,119 --> 00:25:32,519 ate away my gut lining. So the moment I woke up and started to 371 00:25:32,559 --> 00:25:34,759 eat, I started to give myself more inflammation because my gut lining ad big 372 00:25:34,799 --> 00:25:38,960 compromised. As I ate even healthy foods, particles that don't belong in my 373 00:25:38,960 --> 00:25:44,640 bloodstream made it into my bloodstream. Boom, there's my joints. They're aching, 374 00:25:44,720 --> 00:25:48,680 muscles aching worse. It affects your hearts, your liver, your kidneys. 375 00:25:48,480 --> 00:25:53,119 Iberprofen does the fix for this was not the fix I expected. I 376 00:25:53,160 --> 00:25:57,440 did not expect native pathkrill to work because I'd had omega three's before. I 377 00:25:57,480 --> 00:26:03,000 had never had native path krill. It's different in the following ways. Krill 378 00:26:03,160 --> 00:26:07,000 k I R L L is a crustacean, it is far more It's Omega 379 00:26:07,000 --> 00:26:11,359 threes are far more absorbable than that from fish and folks. I eat fish 380 00:26:11,640 --> 00:26:17,240 almost exclusively for my whole food. Protein is fish, either tune or salmon. 381 00:26:17,839 --> 00:26:21,680 I still wasn't getting the proper omega threes. This stuff comes from the 382 00:26:21,720 --> 00:26:25,279 Antarctic to purest waters that we have access to. It doesn't have the heavy 383 00:26:25,279 --> 00:26:29,240 metals and all the other things that can screw up other waters. And in 384 00:26:29,319 --> 00:26:33,799 terms of helping your immune system, which just also does it's sixty times more 385 00:26:33,880 --> 00:26:37,759 absorbable than vitamin C, meaning more powerful, meaning more for your money. 386 00:26:38,279 --> 00:26:42,480 Toss the iberprofen. Toss the side effects that it can cause. Get wrapped 387 00:26:42,519 --> 00:26:45,119 of the way of the heart disease it can cause. In you go to 388 00:26:45,200 --> 00:26:51,319 nativepathcrill dot com, slash todd, nativepathcrill dot com slash tod and simply see 389 00:26:51,440 --> 00:27:00,319 what offers they have for you today. Nativepathcrill dot com slash Todd. Year 390 00:27:00,440 --> 00:27:03,839 decided foolishly to do my own taxes, so I told my account I think 391 00:27:03,880 --> 00:27:06,200 I got thiss handled. You know, I work at Microsoft and we've got 392 00:27:06,200 --> 00:27:08,680 some tax software. So I filled it out and did the tax software, 393 00:27:08,720 --> 00:27:11,880 and then my wife came. I came home. She goes, I, 394 00:27:11,920 --> 00:27:15,000 no, you don't like to talk about business e financing stuff right away, 395 00:27:15,079 --> 00:27:18,359 but I think you should probably look at this, Okay, what's going on? 396 00:27:18,519 --> 00:27:23,160 Oh, we owe the IRS ninety five thousand dollars. Ew okay, 397 00:27:23,559 --> 00:27:29,039 what's this? And the IRS had determined that I didn't pay taxes, so 398 00:27:29,079 --> 00:27:33,559 we're gonna go ahead and ask you now for ninety five thousand dollars like wait 399 00:27:33,559 --> 00:27:36,400 a minute, No, And it was a quick books error. Oh and 400 00:27:36,440 --> 00:27:38,279 we need the money now and that sort of thing. Oh yeah. So 401 00:27:38,440 --> 00:27:45,039 I made an appointment to go see the IRS in downtown Seattle, and I 402 00:27:45,079 --> 00:27:48,640 showed up for my pointed time. I waited all of ten minutes. I 403 00:27:48,680 --> 00:27:52,079 walked in. There was this unbelievably pleasant man. Good morning, mister hermannic 404 00:27:52,119 --> 00:27:56,240 To meets you. Introduce what's going on. I laid out from here's what 405 00:27:56,279 --> 00:27:57,240 I did, and he goes to and looks at some things. He goes, 406 00:27:57,279 --> 00:28:00,400 oh, yeah, okay, yeah, there is an error here. 407 00:28:00,400 --> 00:28:06,759 I do see that you attempted to pay and actually appears we owe you a 408 00:28:06,759 --> 00:28:10,319 refund. Yes, sir, okay, well listen, I can take care 409 00:28:10,359 --> 00:28:11,079 of this right away. I'm gonna need you to just sign some things. 410 00:28:11,119 --> 00:28:12,880 You know what he said, Zach. He goes, I'm really sorry this 411 00:28:12,920 --> 00:28:15,480 happened to you. This can be very confusing. The tax shows is very 412 00:28:15,519 --> 00:28:18,960 confusing, Zach. I'm sitting there across in this man. I had tears 413 00:28:18,960 --> 00:28:22,039 in my eyes. Yeah, I said to him, Sir, I did 414 00:28:22,119 --> 00:28:26,119 not expect to be treated this way because we get a really bad rap as 415 00:28:26,119 --> 00:28:30,519 an agency, and sometimes we sometimes we deserve it. Sometimes we're over zealous. 416 00:28:30,599 --> 00:28:34,160 Sometimes the up highs they don't care about people. I got into this 417 00:28:34,200 --> 00:28:37,680 line of work because I was an accountant and I got sick of seeing people 418 00:28:37,720 --> 00:28:44,599 screwed around with. I couldn't believe it. Well, a really quick similar 419 00:28:44,640 --> 00:28:48,480 story. We think it's from somebody that an extra grind against story Monson. 420 00:28:48,559 --> 00:28:52,119 But somebody called into the SEC and alleged that we were paying illegal kickbacks to 421 00:28:52,160 --> 00:28:56,640 him or something like that. Yeah. Wait, he never told me that, 422 00:29:00,799 --> 00:29:06,599 but I mean, yeah, yeah, So I'm just sitting there looking 423 00:29:06,599 --> 00:29:08,640 at him, going, I don't know what you're talking about, man, 424 00:29:08,839 --> 00:29:14,079 Like you can look through my personal checking accounts, you can requiring like I 425 00:29:14,240 --> 00:29:19,319 just did the standard deal, Like nobody's paying anybody anybody, and they they 426 00:29:19,559 --> 00:29:22,720 they put some handcuffs on us for about two and a half months. I 427 00:29:22,720 --> 00:29:26,400 remember that. But yeah, even before they resolved it though, the guy 428 00:29:26,559 --> 00:29:30,319 came back and he said, look, we can tell what this is. 429 00:29:30,400 --> 00:29:33,200 Now you're good to go. We're not resolved, but go ahead. You 430 00:29:33,240 --> 00:29:37,079 guys have done nothing. He was just incredibly reasonable, so much better than 431 00:29:37,079 --> 00:29:40,119 I thought. Yeah, and yeah they do get a bad wrap, Yeah 432 00:29:40,319 --> 00:29:41,799 they do. There's something I need you to unpack for us. There's a 433 00:29:41,839 --> 00:29:47,880 couple of things deal flow wise. One has to do with open AI and 434 00:29:47,920 --> 00:29:52,200 eighty billion dollars. Then you and I need to celebrate together this one point 435 00:29:52,240 --> 00:29:57,079 five billion dollar gift that figurehead Biden. And I think he's using Barack Obama's 436 00:29:57,079 --> 00:30:00,279 money for this. I think this was the left of her money from the 437 00:30:00,279 --> 00:30:03,200 Oboma phones because there were some of those that weren't collected, so he's using 438 00:30:03,279 --> 00:30:07,160 that. But this eighty billion dollar open Api thing, I really need you 439 00:30:07,200 --> 00:30:11,160 to explain this to people, and the way that only you can open api 440 00:30:12,240 --> 00:30:17,599 maker of chat GPT. Although they've got that thing right where there's the nonprofit 441 00:30:18,599 --> 00:30:22,400 and yeah they've set up the scam. We're a nonprofit over here, but 442 00:30:22,519 --> 00:30:27,480 we have now a bunch of analysts got together and outside analysts said, hey, 443 00:30:27,480 --> 00:30:30,880 the company's worth eighty billion, right, So these sober eyes looking at 444 00:30:30,880 --> 00:30:34,480 it, eighty billion, and now the employees can sell their shares based upon 445 00:30:34,519 --> 00:30:37,240 an eighty billion dollar valuation. Was that the way it worked a bunch of 446 00:30:37,240 --> 00:30:41,720 people from outside looking at the company and determining that well, yeah, yes, 447 00:30:42,240 --> 00:30:45,559 okay, good, Yeah it's awesome. Then yeah, really, what 448 00:30:45,680 --> 00:30:49,079 it's determined by is deal demand, right, like how many people want to 449 00:30:49,079 --> 00:30:52,960 get into it? Oh wait, wait, so this wasn't a whole bunch 450 00:30:52,039 --> 00:30:57,440 of stock market analysts like me going to the books. I mean it may 451 00:30:57,440 --> 00:31:00,839 have been, but I mean, look at video. I don't really think 452 00:31:00,880 --> 00:31:03,319 those guys are too sharp a phials right now? Right, I don't think 453 00:31:03,319 --> 00:31:07,200 they're really grinding over the spreadsheets. Does open API or they released in revenue 454 00:31:07,279 --> 00:31:11,680 nubers yet because I thought they stopped doing that. Well that's the thing. 455 00:31:11,759 --> 00:31:15,240 I mean, you know, you're talking about a very minimal amount of revenue. 456 00:31:15,279 --> 00:31:18,319 I don't know how much, but I mean this is all development stage 457 00:31:18,400 --> 00:31:22,240 right now. To be fair to them, if I was running open AI, 458 00:31:22,359 --> 00:31:26,839 i'd probably do the same thing. And the reason I do the same 459 00:31:26,880 --> 00:31:30,920 thing is, Look, it's not the company's fault that a bunch of morons 460 00:31:30,960 --> 00:31:33,759 want to pay way too much for it. You know what I mean like 461 00:31:33,160 --> 00:31:37,359 it like, it's not your fault. So I'd sit there and go, 462 00:31:37,400 --> 00:31:38,960 hey, guys, you can cash in some chips right now too. I 463 00:31:38,960 --> 00:31:42,160 mean you can do it, but I mean this, And this is why 464 00:31:42,200 --> 00:31:48,759 I say, guys, this is why, just mark my words, more 465 00:31:48,839 --> 00:31:52,119 investors will lose money trying to get into AI. Then we'll make money, 466 00:31:52,279 --> 00:31:56,559 okay, like at the end of the story. Just over the next five 467 00:31:56,599 --> 00:32:00,680 years, more people will lose than we'll make. And the reason is because 468 00:32:00,680 --> 00:32:05,440 of this. When you get a mania like this, right, by definition, 469 00:32:05,559 --> 00:32:09,079 the assets themselves quit reflecting what their own fundamentals are. And AI is 470 00:32:09,119 --> 00:32:14,839 a classic example why. Because everybody wants in and there aren't many places to 471 00:32:14,839 --> 00:32:17,559 make bets because there aren't any real AI products. Shit, Okay, now 472 00:32:17,599 --> 00:32:22,519 it's gonna be big and it's going to be a transformational deal. But it 473 00:32:22,119 --> 00:32:27,920 is kind of like the tech boom on steroids, meaning anything that looks and 474 00:32:28,319 --> 00:32:31,039 if it looks and sounds like a duck, you're like, not even that. 475 00:32:31,400 --> 00:32:35,759 If it has webbed feet, they're like, it's a dot, right, 476 00:32:36,240 --> 00:32:37,119 You're like, well, no, that's a kid that has web toes 477 00:32:37,240 --> 00:32:42,519 or doesn't matter, it's a lay exactly right. It's a puppy, right, 478 00:32:42,559 --> 00:32:45,400 but if it even comes close to that, and then by definition and 479 00:32:45,440 --> 00:32:49,720 so here this is why people lose so much money. Is that to get 480 00:32:49,759 --> 00:32:53,960 into those you are paying pure speculation. Okay, like the tech boom, 481 00:32:54,279 --> 00:32:59,559 eight or nine out of ten of these things won't be viable. It's mark 482 00:32:59,640 --> 00:33:01,559 my word. It's the way this happens. Yeah, And this is why 483 00:33:01,599 --> 00:33:07,839 bubbles get so damaging, because everybody's making so much money that people pile into 484 00:33:07,880 --> 00:33:13,640 this stuff with way larger percentages of cass and by definition eighty to ninety percent 485 00:33:13,640 --> 00:33:15,880 of the bets. They're placing wrong companies that aren't going to make it. 486 00:33:15,039 --> 00:33:19,960 Yeah, right, so you know, and then they sell at the wrong 487 00:33:20,039 --> 00:33:22,680 time, they buy it at the wrong time. Everybody's like, AI is 488 00:33:22,720 --> 00:33:23,799 going to be big, and you're like, guys, it already is, 489 00:33:24,279 --> 00:33:34,240 right. The easy money's been made on this. My friends and brothers. 490 00:33:34,319 --> 00:33:38,680 Zach Abraham, chief investment officer Bulwark Capital Management, cannot do enough of his 491 00:33:38,720 --> 00:33:44,319 free life workshops on this inflation or environment. These things keep selling out. 492 00:33:44,839 --> 00:33:50,480 It's so vital and people are beginning to understand how inflation is the silent portfolio 493 00:33:50,680 --> 00:33:54,559 killer. I mean, your tirement's based on future results. Right, what's 494 00:33:54,759 --> 00:34:00,079 inflation have to do with that? Everything? It's a cancer. Find out 495 00:34:00,160 --> 00:34:04,799 if you're doing the right thing to have a portfolio setup for inflation with risk 496 00:34:04,880 --> 00:34:07,960 management and active management and portfolio which you can actually reduce risk and volatility. 497 00:34:08,280 --> 00:34:13,760 Zach's giving another of his free live webinars July twenty fifth. Learn more and 498 00:34:13,800 --> 00:34:15,320 sign up for the free live webinar. Just go to Know Your Risk Radio 499 00:34:15,400 --> 00:34:19,559 dot Com. Space is limited and it fills up fast. Go to Know 500 00:34:19,639 --> 00:34:23,280 your Risk Radio dot Com. That's Know your Risk Radio dot Com. Investment 501 00:34:23,320 --> 00:34:29,000 Advisory services off through Teck Financial LLC and sec Register Investment Advisor Investments in volb 502 00:34:29,039 --> 00:34:34,880 risk. You could lose money. Past performance does not necessarily indicate future results. 503 00:34:37,440 --> 00:34:40,880 You remember Broadcast dot Com Mark Couban's company, So that had been I 504 00:34:40,880 --> 00:34:45,000 forget what that was called prior. It had a chunky name, and then 505 00:34:45,000 --> 00:34:49,000 he got broadcast dot com like web radio, yeah, something like that. 506 00:34:49,079 --> 00:34:52,400 Yeah, And we were when I was doing radio for the first time, 507 00:34:52,559 --> 00:34:55,519 before I did the tech thing and Microsoft and founded companies and all that. 508 00:34:57,440 --> 00:35:00,960 We were one of the first companies to adopt that streaming platform. And so 509 00:35:01,039 --> 00:35:06,000 our our radio station did super well. We were beating like KLIF and Dallas 510 00:35:06,000 --> 00:35:10,239 and we were beating KBC from Los Angeles. It was really cool for us. 511 00:35:10,880 --> 00:35:14,719 So people given the choice of what to listen to, said, wow, 512 00:35:15,159 --> 00:35:17,719 these these guys are really fun to listen to that back in the day 513 00:35:17,719 --> 00:35:24,440 doing wild and crazy talk radio. And Mark Kuban when we when we left 514 00:35:24,440 --> 00:35:30,920 the radio station, we founded this internet radio company. We accidentally, legitimately 515 00:35:30,960 --> 00:35:37,800 accidentally ended up with a broadcast dot Com computer. So, wait, whose 516 00:35:37,840 --> 00:35:39,960 computer is this? This isn't something we bought. Oh my gosh, that 517 00:35:40,119 --> 00:35:43,000 came from the radio station. Oh, we got to take this back, 518 00:35:43,920 --> 00:35:46,760 right, So we were going to take it back. We did, and 519 00:35:47,159 --> 00:35:52,079 we opened it up and probably shouldn't have, but we looked at it. 520 00:35:52,119 --> 00:35:54,880 What was it? It was a Microsoft PC. It had absolutely no special 521 00:35:54,880 --> 00:36:04,320 sauce in it at all, and we so somehow Mark Cooban himself found out 522 00:36:04,320 --> 00:36:08,360 we had the machine and he got in touch with us and I had this 523 00:36:08,400 --> 00:36:12,719 conversation and he said, I want my machine back. We're taking it back 524 00:36:12,719 --> 00:36:15,320 to the radio station. I take it back Monday. No, I want 525 00:36:15,320 --> 00:36:20,760 it now. You want to fly it from Dallas and get it what do 526 00:36:20,760 --> 00:36:22,079 you mean you want it now? Don't give it to the radio station. 527 00:36:22,199 --> 00:36:29,800 I want it, Mark, I can't. This is like no and boomffort 528 00:36:29,880 --> 00:36:37,000 efford, And I said, he hung up on me. Why was he 529 00:36:37,079 --> 00:36:40,280 doing that? Though? Because he didn't make computers. I have a suspicion 530 00:36:40,320 --> 00:36:45,880 as to why I was doing it. So my suspicion is Mark was a 531 00:36:45,079 --> 00:36:49,800 brilliant salesman, and I'm not here to say he's not a smart guy. 532 00:36:49,920 --> 00:36:52,159 Sometimes he's called the dumbest VC in the valley, and I don't know that 533 00:36:52,159 --> 00:36:55,239 that's fair or unfair. I don't I don't want to bear false witness against 534 00:36:55,320 --> 00:37:00,920 him. I had a subsequent conversation with him in Los Angeles, and to 535 00:37:00,000 --> 00:37:05,880 be fair, he was very pleasant. He remembered that he laughed and he 536 00:37:05,880 --> 00:37:07,800 said, yeah, I was really paranoid at that time. Now here's what 537 00:37:07,840 --> 00:37:10,360 he built with broadcast dot Com that he took to Yahoo. You were talking 538 00:37:10,400 --> 00:37:15,639 here about OpenAPI and this overvaluation and buying the hype. So we were in 539 00:37:15,679 --> 00:37:17,800 the internet radio business. Mark did a better job of positioning than we did. 540 00:37:17,920 --> 00:37:21,639 I would say that we had greater value than they did. And I'll 541 00:37:21,639 --> 00:37:25,679 say wise because we actually owned exclusive contracts for distributing our content across great, 542 00:37:25,679 --> 00:37:30,320 big, huge websites. We actually had ad insertion technology. We actually had 543 00:37:30,400 --> 00:37:36,920 content technology where we could customize a stream for any website and they'd never know 544 00:37:37,039 --> 00:37:42,880 we actually had all this stuff. Mark had this. Broadcast dot Com buys 545 00:37:42,920 --> 00:37:47,119 them. Yahoo buys them for five point six billion dollars. Mark's receptionist, 546 00:37:47,159 --> 00:37:52,519 he famously Bragg became a millionaire. Yahoo gets the company and says, WHOA, 547 00:37:53,480 --> 00:38:00,000 Now we own the streaming content of the NFL, of the NC double, 548 00:38:00,960 --> 00:38:05,280 of NASCAR, of Major League Baseball. Because what Mark was actually doing 549 00:38:05,400 --> 00:38:08,880 in going to these radio stations was it was a back doorway of streaming sports 550 00:38:09,639 --> 00:38:14,719 because there was no contract for major league sports. That's what he was pitching. 551 00:38:15,239 --> 00:38:19,840 That's what Broadcast dot Com bought. Now. Prior to Yahoo buying him, 552 00:38:19,920 --> 00:38:24,119 Broadcast dot Com had very few assets. They were largely pre revenue. 553 00:38:25,000 --> 00:38:29,719 So you had the sports world sitting back there going look at that, like 554 00:38:29,960 --> 00:38:35,119 we should sue him for what what are we gonna get? Broadcast dot Com 555 00:38:35,360 --> 00:38:38,320 LLC or whatever, what are we gonna get? It's not even worth suing 556 00:38:38,400 --> 00:38:43,480 him. Let's see the radio stations. We can't Yahoo buys this thing, 557 00:38:43,519 --> 00:38:45,360 and all of a sudden, the NFL comes along and says, take our 558 00:38:45,400 --> 00:38:52,760 stuff off, major League Baseball, go ahead and stop streaming our stuff or 559 00:38:52,760 --> 00:38:57,760 pay us so do a hold on it. They purchased him. Surely in 560 00:38:57,800 --> 00:39:01,239 the purchase process they must have asked for reviews of deals with the NFL, 561 00:39:01,559 --> 00:39:07,960 major League Baseball. You think so they just they just completely with their due 562 00:39:07,960 --> 00:39:14,679 diligence. What due diligence? That's crazy, right, Who would spend five 563 00:39:14,719 --> 00:39:17,960 point six billion without looking? Okay, so here's what I was told was 564 00:39:19,039 --> 00:39:22,440 the way this deal went down is that Yahoo had to break out into this 565 00:39:22,519 --> 00:39:27,840 content. They had to become this content machine. Y'aho stood for yet another 566 00:39:28,360 --> 00:39:32,719 hierarchily organized oracle. That's what it stood for. Funny name search engine. 567 00:39:32,800 --> 00:39:38,000 It was a person. It was a a y'ahoo used to be curated by 568 00:39:38,079 --> 00:39:40,679 human beings. We got to get into the content game because you know what, 569 00:39:40,719 --> 00:39:44,280 we've got to get an open AI. Hey, it's content, guys, 570 00:39:44,280 --> 00:39:47,039 We've got to get content. Get us some content. So let's get 571 00:39:47,039 --> 00:39:50,079 into the content game. Okay, let's get into the content game. Now. 572 00:39:50,119 --> 00:39:52,960 I can't sit here and tell you that they did no due diligence. 573 00:39:52,159 --> 00:39:58,039 But those of us who knew, we're looking at this going wow, yeah, 574 00:39:58,079 --> 00:40:00,679 five point six billion dollars for no ca on tracks. As I recall, 575 00:40:00,840 --> 00:40:04,840 I mean this is all by recollection, but I know that afterwards, 576 00:40:04,880 --> 00:40:07,679 all of a sudden, this this stream is gone. This is good. 577 00:40:07,719 --> 00:40:08,960 Then you have the radio stations coming on going yeah, we'll go ahead and 578 00:40:09,039 --> 00:40:13,119 have you pay us. Since you're streaming a radio station, we'll go and 579 00:40:13,519 --> 00:40:17,239 have you pay us. So we went through this thing in that period of 580 00:40:17,239 --> 00:40:23,519 time where we had Venture Kapalis going okay, do you have anything algorithmic with 581 00:40:23,639 --> 00:40:27,559 music? Pandora is big, we're doing algorithmic stuff. Well no, we're 582 00:40:27,599 --> 00:40:29,920 not. Well no, no we are. Well let's find a way to 583 00:40:29,920 --> 00:40:32,719 say this. So what you're saying with open API and in this this this 584 00:40:34,119 --> 00:40:38,639 chat GPT stuff is people are paying a premium for hype. Eventually you're going 585 00:40:38,679 --> 00:40:44,000 to have events like the broadcast dot com people where people go, oh wait, 586 00:40:44,079 --> 00:40:51,400 so you just licensed your your your AI. This is and and and 587 00:40:51,440 --> 00:40:57,599 the other thing is that any time you get into these scenarios have to be 588 00:40:57,679 --> 00:41:01,079 extra careful because you know the whole environment is right for fraud, meaning lo 589 00:41:01,960 --> 00:41:07,199 Yeah, fraudsters aren't stupid, right, So, anytime you see people that 590 00:41:07,360 --> 00:41:12,440 much money chasing so few things, you know for a fact there's a bunch 591 00:41:12,480 --> 00:41:17,840 of fraud and vaporware making Oh my gosh, when CEOs are coming out and 592 00:41:17,920 --> 00:41:22,880 saying the word AI and their conference calls fifty five times and the stock goes 593 00:41:23,079 --> 00:41:29,079 sixty percent with no evidence of that happening. I'm not saying they're lying, 594 00:41:29,159 --> 00:41:31,280 and I'm not saying they're hyping up what the results are going to be. 595 00:41:31,880 --> 00:41:36,360 What I am saying is there are a bunch of people that see how they're 596 00:41:36,360 --> 00:41:40,000 doing it and will lie and cheat, and you get sucked right into it, 597 00:41:40,119 --> 00:41:45,000 right. So, and that's why I say when you look at scenarios 598 00:41:45,079 --> 00:41:49,119 like this, you can ride the wave, but you've got to do it 599 00:41:49,239 --> 00:41:52,679 in a way that you're always protecting your downside risk because you have to know 600 00:41:53,280 --> 00:41:58,719 you are riding just that a wave, and every single waves ends up the 601 00:41:58,760 --> 00:42:02,519 same place right on the seashore, so this will be the same way. 602 00:42:02,840 --> 00:42:07,679 The problem is is that's not what bubbles do. They're capital magnets. The 603 00:42:07,679 --> 00:42:10,000 bigger they get, the more money they suck in. And so when they 604 00:42:10,039 --> 00:42:15,400 apex and when they collapse. It's always at a point where it's maximum paying 605 00:42:15,440 --> 00:42:19,199 for the maximum number. Yeah. I remember being on a panel in San 606 00:42:19,280 --> 00:42:23,840 Jose at an event's a Microsoft sponsored panel, and I was researching the companies 607 00:42:23,920 --> 00:42:27,880 were going the panel with me, and my PR agent said, Hey, 608 00:42:27,920 --> 00:42:31,280 this guy's really nasty. He'll downtok your company, He'll try to get you 609 00:42:31,280 --> 00:42:36,199 into an argument. He's gonna lie about you. Just know this. He's 610 00:42:36,320 --> 00:42:38,239 vicious. Okay, fine, that's fine. I've been around vicious people in 611 00:42:38,239 --> 00:42:42,280 my whole life. So I do the research and he does. He turns 612 00:42:42,360 --> 00:42:45,159 vicious with me and said, why do you call yourself the first Internet radio 613 00:42:45,159 --> 00:42:49,239 network? You're not the first internet radio network? And I said, well, 614 00:42:49,280 --> 00:42:52,000 Michael, just because we were the first one to syndicate, which is 615 00:42:52,039 --> 00:42:54,239 what network means. Incidentally, why do you use his second name in a 616 00:42:54,280 --> 00:43:01,480 bio? What I go on your website? You're two people? Why is 617 00:43:01,519 --> 00:43:04,519 that? I don't know what you're talking about. Oh, I can show 618 00:43:04,519 --> 00:43:07,840 you. It's right here, and I pull up. There's two separate bios. 619 00:43:07,880 --> 00:43:12,599 You have the same guy. Why are you taking half your bio and 620 00:43:12,599 --> 00:43:15,000 being this guy and half your biome being this guy? And by the way 621 00:43:15,159 --> 00:43:17,679 is that a legal alias? Is that disclosed in like financial data? Did 622 00:43:17,679 --> 00:43:21,400 you tell your venture capitalists you're doing this? Are you actually pretending you're this 623 00:43:21,480 --> 00:43:28,239 top heavy with talented executives and the look into Silicon Valley types says, oh 624 00:43:28,400 --> 00:43:31,199 no, he didn't. And the guy who's hosting the panel, who's a 625 00:43:31,239 --> 00:43:35,679 dear friend of mine, Sara. He goes, well, Brad, I 626 00:43:35,679 --> 00:43:37,599 don't mean to hijack the panel. We should just probably talk about technology for 627 00:43:37,639 --> 00:43:42,639 the rest of the panel. That guy was just as it's just as quiet 628 00:43:42,639 --> 00:43:46,639 as nothing, nothing to say. And afterwards he comes back, he goes, 629 00:43:46,679 --> 00:43:50,079 I'll get you for that. I go, dude, you're done. 630 00:43:50,679 --> 00:43:52,960 You know you're all done? All right? So the figurehead Biden, let's 631 00:43:52,960 --> 00:43:54,599 celebrate this together. Do you have a beverage? Because I thought we would 632 00:43:54,599 --> 00:44:00,079 toast the figurehead together? Water? Okay, yep, water two with a 633 00:44:00,119 --> 00:44:04,159 little salt, pinxie salt. I have you know? So the figurehead, 634 00:44:04,280 --> 00:44:08,719 ladies and gentlemen, Biden, he has wiped out one point five billion dollars 635 00:44:09,039 --> 00:44:14,559 in student loan debt, again in complete contravention to what the Supreme Court said 636 00:44:14,559 --> 00:44:21,320 he could do. Let's hear it for figurehead Biden. He's making the heart 637 00:44:21,440 --> 00:44:27,039 he's making the hard choice. The one thing that's missing in the Supreme Court 638 00:44:27,039 --> 00:44:34,320 that our Constitution was an enforcement mechanism. He has been told three times he 639 00:44:34,400 --> 00:44:37,400 can't do it, you can't do it, and he's continuing to do it. 640 00:44:37,039 --> 00:44:40,840 And that's the sort of swindle that brings us right back to the top. 641 00:44:40,920 --> 00:44:45,039 What do we got ten thousand dollars for illegal immigrants in Washington, d 642 00:44:45,199 --> 00:44:51,639 c. Run through a Sucubus non company in my opinion, Mobility Capital Finance, 643 00:44:51,719 --> 00:44:57,360 and you're going to pay the tab again for an illegal activity by the 644 00:44:57,360 --> 00:45:00,800 figurehead. Didn't God tell us that in the end times people would be lovers 645 00:45:00,800 --> 00:45:07,159 of themselves, turn from the word of God, seek to have their itching 646 00:45:07,199 --> 00:45:09,880 ears tickled by teachers who would tell them what they want to hear. It's 647 00:45:09,920 --> 00:45:14,559 almost like God knew what was coming. Mm hmm, yeah, weird. 648 00:45:14,639 --> 00:45:19,039 Huh. Brother, It's always a pleasure to have you here, man, 649 00:45:19,039 --> 00:45:22,519 Thank you so much. Know your risk Radio dot Com. Zach Gabraham soon 650 00:45:22,599 --> 00:45:27,880 by the way, to be starved the Zach Abraham nighttime TV show on CNN. 651 00:45:30,760 --> 00:45:35,480 Yeah I don't you didn't know? No, Yeah, that's highly inaccurate. 652 00:45:36,320 --> 00:45:38,239 I don't fit their program. I was gonna say no, no, 653 00:45:38,440 --> 00:45:45,400 probably not HBO. Yeah yeah, well maybe night time with Zach Gabraham. 654 00:45:45,440 --> 00:45:49,880 All right, brother, thank you so much. Yeah alright, Oh, 655 00:45:50,239 --> 00:45:52,760 Father God, thank you for wise counsel. Thank you for a fellowship. 656 00:45:53,639 --> 00:45:57,760 People say, and you know, say anything about this Zach, and I 657 00:45:57,840 --> 00:45:59,719 mean to make you blush, but there's a lot of friends of mine to 658 00:45:59,760 --> 00:46:01,920 listen the show go. I have my favorite time with you is Friday with 659 00:46:02,159 --> 00:46:07,280 Zach because you seem happy well, hanging out with friends. Says that. 660 00:46:07,280 --> 00:46:08,719 Thank you, brother, I appreciate you as always. This is a Todd 661 00:46:08,760 --> 00:46:12,280 Herman show. Please go, be well, be strong, be kind, 662 00:46:12,719 --> 00:46:15,920 and make every effort to be right with God.