What was it that Jimmy Carvell said, finding what kind of trashy find when
you dragg a twenty dollars bail through trailer? Part? Well, he said
that, and he was talking about a human being, Paula Jones. But
he also said it's economy stupid. Well, no one knows the economy better
than Zach Abraham is with me. We're going to talk through the economy,
but we're also going to talk through the impeachment attempts. Got to impeach Clarence
Thomas, who's doing that AOC and a couple of pretty extraordinary clips from Stephen
Colbert, who is so funny. You know, sometimes he uses the effort.
It's so edgy because you hear the effort, you're like, oh my
gosh, I can't believe he used the F word. Then I laugh and
it's just so funny. And then the effort that the Democrats made to stand
against the new Jim Crow of making sure you're a citizen when you vote here,
that's the new new Jim Crow. Well do this with the help of
bioptimizers dot com, slash Todd and thank you God Almighty. The Todd Herman
Show is one hundred percent disapproved by big pharma technocrats and tyrants everywhere. Now
from the high mountains of Free America, here's the Emerald City exile Todd Herman.
Today is a day the Lord has made, and these are the times
so which God has decided we shall live still blessed to have here my friends
and brother Zach Abraham, chief investment Officer Bulwark Capital Management, and Zach,
your vacation has continued. Thank you for spending all this time with us.
We're going to just nail you down on one thing. If you were to
characterize the people of Idaho, now that you've been here a couple different times
and interacted with us, toothless rednecks, how do you like, how do
you characterize the folks you've met. It's it's a little weird because well and
we and we felt this way, and it's been an extension when we first
came last year and visited. It's just so much more friendly. Just you
feel like it's like it's like Mayberry, you know. Okay, you're the
second person to say this. You also said what Tim Krukshank said about crossing
the border. You feel like there should be a border guard. There's a
sense of relief, but he used almost exact same wording. He didn't say
Mayberry. But there is a sense of friendliness here. Oh, it's it
really, it's remark Yeah, it's remarkable. And uh, my wife and
I know, like I said, we noticed it the first time we were
staying at the resort. Last time we were here, and we were blown
away at the service like it was. It felt like you were going back
in time, right, meaning like it you know, the service at that
resort is phenomenal. And then just the more people we interacted with, the
friendliness, the hellos, the high you know, in Seattle, you walk
down the street high, people look at you like you've got like a third
eye grown out of your head, right, you know, right, just
a simple hello, right, you know right? And service there, I
mean there are spots where it's okay, but service could be very surly and
if you ask for an extra you get this a lot. Like you go
to a nice restaurant like the Pink Door Cafe. Is this legendary place down
in Pipe Place Market And it's so legendary that they don't have a sign.
You just have to know it's there. It's in Post Alley, there's there's
no indication other than you walk down the alley, here's a pink door.
Okay, so if you know, you know. And I went in and
had dinner with some business people there and showed them Seattle. This is when
I was at Microsoft, and I just said, hey, by the way,
could I have I don't remember what I was asking to switch out rice
or something? Could I do this? No, it wasn't even a well
sir, we don't or these are all no. She's just like she's you
know, no, yeah, yeah, and God yeah, and God forbid
something happening. I mean, Seattle is one of those cities literally where if
something happens to you just people will just walk over you, like on the
shore Side Story. Nobody cares, right. And then my wife chastised me
for having a show race related. She goes, wow, you talk pandering
your friend. There's a black wife and you sit down. Hey, Zac,
let's talk about race. I didn't plan it that way, but I
have to ask this question because I get it all the time when I have
friends come to visit. One friend who sent me in and said, hey,
I'm really excited to come over. My wife is Asian. She's from
China, and she's really afraid of racist, of being treated in a racist
way. She's nervous. She's heard things about North Idaho and I had to
write and say, hey, it would shock me. And I told him
you might see a Confederate flag. That happens over here, and that's mostly
mostly estates, right, things mostly there are like you go up to some
areas here, there are still some white supremacists. That's real. It used
to be really bad. That's real. There are places I can take you
to them. I mean, you don't want to go, But has your
wife had any feeling of any sort of downlooks? No, quite the opposite,
Yeah, not even not even not even Yeah, no it's been and
quite honestly, it's been the opposite. Yeah, just so friendly, So
everybody's so nice, so helpful. Yeah, it's just it's been awesome.
And there's just really a sense of community that has kind of caught us off
guard, because you don't really notice that it doesn't exist until you're back in
a place where it does. Yeah, you know what I mean, Right,
we're like, oh yeah, people, right, and people are kind
wow interesting, right, And yeah, big cities do suffer from that.
And Seattle is very very much a big city. That the thing I said
about Jimmy Carville, it's the economy stupid. There's a couple of things I
wanted to touch off with you before we get into the discussion of Stephen Colbert
and the view of the continuing just destruction of the figurehead. So we'll talk
about that with Zach Abraham. You know, this past weekend I was in
with the kids doing the thing at the youth camp and the church camp,
and here's a deal. And I look, I told the boys, and
I said it, this is you guys are just your gross You stink and
there's nothing you can do about it. And all the bathing in the world
and you just stink. I didn't really see it that way. In fact,
I didn't say it. But there is a device that I took with
me, and it's called the Eden Pure Oxy Leaf two. And you think
it's weird that you take something like this to a cabin with boys, but
here's its job. It produces ozone and pushes that into the air that ozone
molecules. Those molecules bond to bad smells like boy, stink like boy,
sweat like boy, other stuff. And well man stink too, because honestly,
you're running around a camp for twelve to sixteen hours a day. It's
not like ice smelled rosy good. And it just negates that smell. Now,
you guys will have situations where, for instance, a basement, right,
basements get musty. It happens, and it doesn't necessarily mean there's mold
obvious, there's mold, you need to clean that out. It can be
cat's smelled, it can be cigarette smoke, all of that. This just
negates it. Including it also negates viruses. Go to eden pre deals dot
com, enter code Todd three and you can get a two hundred dollars savings
on this two hundred dollars off on these three devices. That's whole home coverage.
Eatingper deals dot com, slash todd these promo code Todd to eatingperer deals
dot com. Use code Todd three. That's code to Odd three. There's
a disconnect in the economy and you've provided us a couple of charts, and
I want to get to this one on AI real quick. But for people
listening, we need to do a good job of transitt because not everyone's looking
at the video. This is seasonality, and this is seasonal chart, average
daily level of What does this VAX mean? What does it even mean?
I'm just gonna tell you it. Admit I have no idea what it sink
and means. So the VIX is what we refer to as the volatility index.
Okay, you love voltility indexes. You get so excited by volatility index
is the index of how unpredictable or up and down prices are explaining this,
so it's basically used for options pricing. Okay, So think of options and
they can be used much more strategically than this. They can be a wonderful
way to manage risk. And we're actually trying to get a portfolio approved right
now where we use options to what we call tail hedge. So we put
options out here that will make a ton of money if markets are the things
that we like go up, but we bet very small amounts and then we'll
buy options out here to make a ton of money if things go down.
Right, So we call that you're hedging the tails, right, So we're
so we're working on that. But let's say so, so an option,
let's think of an option like it's actually a lot like horse racing, Okay,
So you know you've got the favorites, right, and if you look
at the favorite, you know, maybe he's gonna pay out like five to
one, okay, but the underdog, maybe he's paying out like one hundred
to one. Right, Well, no one's gonna know, no one's gonna
no one's gonna get no one's gonna take or no one's gonna accept five to
one odds on an underdog, Right they five to one odds? Well,
no, no, I get paid out five to one if the winner wins.
If I'm going to bet on this nag, right, you got to
pay me out a lot more. So what volatility effectively is is it's telling
you what the market or what the implied volatility. So to put it in
a better way, if I want to go bet on Apple via a call
option, okay, that call option is going to cost way less money than
an option on Tesla. And the reason is is because Tesla moves much more
violently. Right. So, people in the financial markets aren't stupid, so
they're like, hey, the odds of Tesla going up thirty percent over the
next month, it's much higher than Apple going up thirty percent over the next
month, Right, and so what that means is there's implied volatility. Okay,
so volatility. The VIX is looking at this on a market wide level,
and it's telling you what types of moves it is expecting. Now,
volatility happens to both so up and down, right, But basically, so,
another way to look at the VIX would be the cost of insurance.
So if you live, you know, right now, like in Florida on
the coast, you're gonna pay a lot more for insurance than you would live
in you know, Montana, right, And so when you see the VICS
very low, what it's telling you is that nobody's buying insurance. Nobody's worried,
right, nobody cares. So insurance is very, very cheap. And
you're sitting with a VIX right now, like around twelve or thirteen. You
know, the VIX historically is averaged around twenty. When you get down below
fifteen, what it's telling you is a it's all good, baby. You
are telling me that with a we're funding both sides of a war in Israel
between Ismael and jumas. NATO has decided to put our troops in the doorstep
of Russia. We have seven companies making up forty percent of Nasdaq pricing.
We have governments lining up to limit access to food and water, and people
in this VIX index think all is okay, Well no, so nobody's in
it. Really, what it's telling you is that no one's buying insurance.
That the demand for insurance, the demand for put options to defend your positions,
right, it's just it's not there. No one's worried about it,
Okay, but that means no one's worried. Well, because if you're a
bad scenario. Let's so, let's say any of those bad scenarios play out,
what's going to happen? Well, I mean if they all play out,
everybody's going to get checks. Okay, So right back to that.
Yeah, we're right back to we really don't have We honestly don't even have
an economy, not in the traditional sense the way that we look at it.
Right now, we are still the home to the most innovative companies in
the you know, in the world. We still got the resources, like
you told me the other day, and this gave me no end of comfort
that Hey, look, if you sold America for parts our land are natural
resources. I mean we have a value much much higher than our balance sheets.
Yes, right, yes, but no one wants to sell America for
parts. Now this one I think I get is AI stocks keep getting more
expensive. The gap between AI valuations and the S and P five hundred has
widened since end of twenty twenty two. Now I think I get the implication
of this, But effectively you have your you know, they say the S
and P five hundred. It's at this sort of kind of static level,
but you see this rising with some spikes. AI valuations going up. Now
I know how I view this, but how should people in the podcast family
do this? Well, I look, so the way you make money in
stocks or in any business, right Buffett as a saying, which is,
you know, the single biggest influencer of the success of any investment is the
price you pay, right, And people forget about that. Right, whatever
investment is, what defines the success or the amount of success that that investment
has is the price you pay. And I think AI is going to be
a big deal. Okay. The problem is is when you look at so
many of these stocks, and there are exceptions, there's always exceptions through but
when you look at these stocks, everybody's Oh, it's so you know the
future, and you're looking at them going, guys, it's priced in,
right. It's sort of like you've awarded somebody the super Bowl Trophy and you're
in week five of the NFL season right where you're like, yeah, look,
it's probably going to be a big deal, but you're you're honestly at
a point now as an AI investor. Again, in most of these names,
there are exceptions, but you're basically at a point where you better hope
it plays out the way you're saying it does, because if it doesn't,
you're going to take a ton of loss. So the expectation that AI just
changes the world, that it is much more profitable than anything else, that
it consumes everything else that is baked in now, and that may not happen.
So it's very much like you've used in Super Bowl scenario. If you're
betting money and you come in at week five, I am putting all my
money on this one team, or that this is the super Bowl champ So
you're gonna put ten thousand bucks on why, well, hey, did I
mean they're five and oh? Right, they're five and oh or you could
take it back in this case, I would take it back one even step
before that. Oh wait, did you see their draft picks? Yeah?
Right, yeah, that's probably a better anaurogy ye know, but I mean
look at their draft picks. Now that's it. This is my super Bowl
team. Yep? Well how because look at the promise. Yeah, the
guy was an All American. He won the Heisman, right and then got
like for of these guys, it was the best best best trading year ever
in the combines. Oh you know what, I'm putting money down two years
in a row. These are two year in a row Super Bowl people.
I'm all in on this. So this is all potential and at this point
you can't bake that out of the cake. No I yeah. And that's
and that's what makes it so tough to like, that's what makes this environment
so hard is because if you you are properly diversified and yesterday, and I'll
pound the table on this because unfortunately, in the world of investing in finance,
nobody listens until they get drilled, right, Like, it's just the
way it is. But we don't need to prognosticate. Nobody, including me,
especially me, knows what's going to happen in the future. What we're
just saying is, guys, the way your portfolio is comprised, there is
certainty to the outcome. I don't know when it's going to happen, but
when you're all loaded up like to a magnitude that you've never been before in
the most expensive sector in the SMP it literally is only a matter of days.
I mean, it could be a year, but I'm just meaning you
know, it's a matter of time until that sector becomes less valuable. Well,
when that happens, that's the only horse you're betting on. You're not
properly diversified. You don't owe you on a record low amount of materials,
you own a record low amount of energy and precious metals, you owe all
that stuff is at record low representations in the SMP SO and that's really the
pernicious thing about this, and that's why I keep saying it's somewhere we've never
been before. Yes, there have been bubbles, but the average investor,
you know, if you looked at the average tech the average investor portfolio and
the tech collapse, it didn't get hit that bad. Is down maybe thirteen
fourteen percent, right, because they were diversified SMP was down twenty five A
lot of them owned bonds. Bonds went up a little bit during that period
of time because it fed cut rates and response to the tech collapse. So
they were thirteen percent draw down and then markets started going up again. Is
no big deal, right, But think of the tech collapse now. Again,
I'm not saying it's the same. These companies are much more mature and
much more profitable, so it's not, you know, it's never just it's
never exactly the same. But think about if you went back into the tech
deal and nobody owned bonds, because bonds are much less representative in a lot
of retail portfolio state than they have been in the past for good reasons.
But back then it was a lot of the degenerates and people chasing returns.
They were all loaded up on tech. The average retail portfolio was more diversified
and wasn't today the average retail portfolio that has made conservative investment decisions. I'm
not going to try to pick stocks. I'm just going to put put the
S and P five hundred my portfolio. Right that that is not a that
is not a greedy, degenerate type decision, right, right, But they're
in the same place. They're way top heavy on this stuff. And that's
the thing, Like, it's not if, it's when now when may be
a lot longer from me, now, when when that stuff becomes less valuable?
Right right? Like it? And and that's what I was saying about.
Yesterday is a perfect example. Yesterday was one of the best breadth days
of the year. But yesterday was one of the day I think it was
the best day this year. We're talking about Thursday of last week. Oh
yes, excuse me, excuse me, Thursday last it was one of the
best days of the year for the number of stocks that actually went up.
Okay, but the index was down one percent, right, And so address
that. And here's I want to close it off this way and get into
some of the political stuff because this chart to me that we're going to show
in a second here is so so America. So much of this is the
promise it should work, AI should work. It sounds really sexy, it
sounds really good. We're going to do this, and when we're conjuring money
and handing out money, why would this next chart not be here? So
we'll talk about this in a second. At the camp there is this constant,
constant, constant action. And insanely enough, the boys have an eleven
PM bed call. That's when they have to be in the cabin eleven PM.
Our staff meeting are while we're not staff or volunteers, but the staff,
they're ahead of us. They're up at five thirty in the morning.
We start our volunteer meetings at leadership meetings at seven am. So junior high
boys getting into the cabin eleven car as decent as you can do as a
leadership. Sometimes they don't go right to sleep. It's a little bit weird.
And when you're doing things like playing Capture the Flag with junior high and
high school boys, you know what they'll do. They'll come and do an
illegal slide and roll tackle at you to try to take you out of the
knees. That happened last year. Thank God for my and I mean it,
thank the Lord for my football instincts, Like, wow, wait a
minute, this guy's doing a log role at me. He's going to try
to take medadonees. And I get down and put him down and stand up
and say you try to take medadonese. He goes, well, I go,
you were trying to take medadoniese. I'm glad I stopped that. And
by the way, tag you're it, you don't get to move. This
can lead to and a lot of my friends had this, and I didn't
give them my Native pathcrill because they asked for it. I said, no,
you listen to the podcast. You're on your own, baby. I
just doubled down on the Native pathcrill. This is the omega three oils from
the crustaceans from the Antarctic. They are wild caught, not farms, meaning
they are more pure. And that form of omega three is so much more
absorbable than the stuff you're taking that's in fish form. It is literally replacing
and has utterly replaced. I do not have I have a profon in my
life because I choose to not die of Libert disease, and I have a
profen can absolutely give you that and kidney problems. So just for fun,
when my friends my age were really really sore, sometimes I would just eat
Native pathcrill in front of them, just like four or five would eat Native
pathcrill. You sore, No, I'm not. You can you have the
same thing. Go to nativepathcrill dot com. Slash todd. That's nativepathcrill dot
com slash todd, and see what specialists they have for you. Heads up.
Usually when you buy more, you get more from them. It's nativepathcrill
dot com that as you get at better savings, one more charts, then
we'll roll into the political stuff here. This one again makes sense to me.
Fewer than fifty percent of stocks have risen thirty percent from the bowl market
start, and this is one of those weird charts. That's a whole bunch
of zig zaggy lines, but two that matter, purple and green. And
I know that most people are listening to this, not watching it, so
just trying to make sure that we do what we can to describe this.
The green line is an average and the purple line is the latest case.
Now I think I get it's going on here, but you tell me,
well, what it tells you? And you're you're you're obviously getting to an
unbelievable and unparalleled position at this point in the cycle. But what it tells
you is, you know, you're you're sitting at the end of the biggest,
longest bull market in US history, and yet the fewest number of stocks
have participated that's okay, that that's craziness. Well what what what is it?
Yeah, and what does it point to? It points to the underlying
you know, issues in the economy that were certainly present, you know in
the in the quote unquote recovery coming out of a eight o nine. But
it's also, in our opinion, it's also a byproduct of passive indexing.
This is the thing where automatically, so many people's money is automatically going to
four to seven companies yep, no matter the performance. And so those companies
have almost no incentive to be if they can take that money and place the
wildest, craziest bets, because who cares. It's free money. It's not
connected to their value, to their p and L, their performance, their
promise, right, and if investors were paying attention. This is why Musk
elon Musk and intelligently, so I don't blame him for doing it. This
is why he was making such a big push and being so out loud,
right and so outspoken about trying to get Tesla being in a part of the
S and P five hundred. Why does he care about Tesla being in the
s and P five hundred, Because if it does if it is, it's
automatically getting money to every person that puts money in an SMP five hundred ETF.
And you don't have to be somebody that does this for a living to
understand this. Right, What you're seeing as a market that is becoming less
and less efficient, right, meaning, do you think less than fifty percent
of stocks aren't in better positions than they were fifteen years ago? No,
of course not. What's happening though, the companies that are getting it used
to be a market works because the companies that get capital, capital is allocated
to the most efficient parts, right, It gets put to work where it
can generate the most returns. Right, for the first time ever. I
mean you've got bubbles here and there, But for the first time ever,
the main way of investing is allocating money in a way that has nothing to
do with the underlying performance. This is so America, Zach. There's so
much to this. Boys or girls? Girls are boys? Right? Well,
no they're not, no, but we say they are, yeah.
Right, And in this case, how is the performance of Apple connected to
its amount of stock investments against? Oh it's not. No, I mean,
go look at Apples. Five out of the last six quarters, Apple
had declining revenues and declining profits. Last year was up fifty percent. Okay,
there will come a reckoning. And there you taught me the phrase that
when politics and math go to war math, it's good. So this is
a point like to me, if you are anywhere in a retirement cycle,
anywhere for instance, five to ten, even fifteen years from retirement, it's
really vital that you take advantage of what this guy is going to put out
here coming up on the twenty fifth, I think it is three thirty pm
twenty fifth this month. So what we're doing here, Zach does in an
interactive sense. You'll talk about the Bulwark Funds, how it's performed, areas
where they felt like they did a good job, areas where they could have
done better. Very artist about that. But he's going to put a focus
on you your money because on the cast we can't go to that extent,
takes questions, et cetera. It's a free live webinar and it's about this
inflation eating your retirement. It is a silent assassin. So you can go
attend this. Go to Know Your Risk Radio dot com. It is free.
You do have to register to be able to attend. One other thing
you can do. Since we spent so much time at sach is, you
could also just call, like you could call eight six six seven to seventy
nine Risk. You could just do that and say, Hey, I actually
don't need the free live webinar. I'm convinced. Can you look at my
or fill you guys still do that? Right? You do that? No
obligation? Yeah, absolutely right, and people can discuss it with you.
Yeah, yep, right, yep. So you can take advantage of that
eight sixty six seven to seventy nine RISK. The workshop is coming up on
July twenty fifth, that's at three thirty Pacific time. To learn more and
sign up for this free live webinar, go to Know your Risk Radio dot
com. Spaces limited feels that fast. Go to Know your Risk radio dot
Com. No, that's canaidibit Know your Riskradio dot Com. Investment advisory services
are off for their Trek Financial LLC and sec Rigid Investment Advisor. Investments involved
risk you could lose money. Past performance does not necessarily guarantee future results.
Trek twenty four DASH twenty four four. Go to Know your Risk radio dot
com and we talk economy. We also have this assumption. I think that
everybody at the top wants the economy to do well, right, because that's
politics, right, Yeah, Okay, I'm going to connect some dots.
Apple has had these down quarters or declining quarters, and yet they've gone up.
They've seen their stock up by fifty percent. Completely disconnected. Does this
guy we're about to watch again, and this is a clip that we played
a couple of times, does this guy even know what the economy is?
I wouldn't have picked Vice President Trump to be vice president? Do I think
she was not qualified to be president? Or another way to connect the dots,
that guy clearly clearly does not know what was going on, and in
terms of the economy, can he possibly care? Then there's this Now if
you're not watching but you're listening, this is a scene outside of the Walter
E. Washington Convention now arriving outside of the Walter E. Washington Convention Center
where he's set to deliver a cross conference. That's Laura Loomer's voice, Maarunly,
she's on the scene. But as you can see, they have put
up fences and they are not allowing anybody inside. So they have cleared the
decks military style all around the convention center. Now, I've lived in Washington,
d C. I have been there when presidents have come to speak on
the Capitol. I have never seen fencing like this. That's Biden. Oh
there's the ambulance for when he has his next medical emergency. They always take
an ambulance. But that's Laura Lumer. So I'm connecting the dots this way,
seven stocks automatically getting so many people's money disconnected from financial performance, disconnected
from promise. We have this widening gap AI between the other sp five hundred
based upon AI is super super sexy. And on the other side of the
fence, they're still playing this game where there are tons of militia members squatted
outside Washington, DC, ready to come in and seize control of the government.
It's theater. Like, honestly, on a percentage basis, if you
were to take our financial system, what percentage of it is based upon theater
and emoting versus fundamentals. Man, That's that's a really good question. And
the reason it's a really good question is because if you take out the ability
to do things like print money, I mean, you could bring every single
company into question in terms of what like if if the Federal Reserve didn't have
the power to print cash, I mean you could call into question any company
I and and all of them would be worth substantially less, right, all
of them. So I mean when you look at the when you look at
it today, I would say it's probably at least fifty percent theater. Yeah.
Well if they and if we include money printing as part of that,
right like yeah, so, meaning meaning that the economy's performance is less tied
to dynamism or innovation than it's probably ever been. Take the American crediting system.
So you take this, I pay off a house. Okay, I
remember this. I paid off my house in Seattle, and I did that
at a younger age and most people do. I didn't use credit cards,
and if I did, like, no, that's not true, because I
developed when I was working in tech. Sometimes I would spend fifty thousand bucks
a month on travel and pay it off. Okay. So then when I
stopped using credit cards, paid off my house and had cash money coming in
from a couple of different businesses, but they didn't have corporate names behind them,
my credit rating took a hit. I got a call from American Express.
I'll never forget this phone call. Hi, mister Herman, You've been
a good customer all these years, and we did one inform you we're going
to go and cancel your card. Oh did I miss some payments? No,
but there's been some changes to your credit. What changes, Well,
you're not carrying your current balance and you've reduced your number of credit cards.
Wait, hold on a second, A how do you know that? Well,
once a year we do a credit analysis, credit risk analysis. Do
you know that I just paid off a house this year? Like you've been
a very very good customer, they were responding to me leaving the credit market
by lowering my credit rating. Yeah, that's theater. Yeah, No,
it's a debt plantation. I mean if you look at and I don't have
the data right in front of me, but I think people would be very
interested to know the relationship that these credit rating agencies have with the underlying corporations
and the banks and the lending agencies. Meaning it is a system. I
remember when we were getting our house refinanced, I took I had to take
out to get the best rate possible, even though I'm an eight hundred plus
credit score. Ye, to get the best rate possible. I needed to
take out another credit card because I didn't have enough debt or enough credit.
Yes, right, yes, And You're sitting there going why would it work
that way? And I'm like, well, maybe it's because the point of
it all is not to ensure that you can repay it. Maybe the point
of it all is to keep you in debt. Right, debt and debts
like a form of slavery. Yeah right, And I mean, I know
that's a cliche to say, but it is. It's a form of slavery.
So let me then connect a few more dots. You have this obsession
that the Democrats have brought about with the Supreme Court. So AOC made an
announcement, a very very important announcement. Just minutes ago, we got breaking
news that Congresswoman Alexandria Ocassio Cortes has officially filed articles of impeachment against Justices Samuel
Alito and Clarence Thomas. That comes just after Senator Sheldon Whitehouse and Ron Wyden
made a formal request to doj They want a special counsel appointed to criminally investigate
Supreme Court Justice Thomas for accepting travel and the loan of a luxury car from
wealthy donor friends. NBC's Ryan Nobles still with us on Capitol Hill. I'm
a s NBC legal correspondent. Lisa Ruben is here with me. Okay,
Ryan, what do we know about these impeachment articles? I know this story
just broke. What happens next? So this comes from, as you rightly
point out, Congresswoman Alexandri Costio Cortes from New York City, and she's followed
two articles of impeachment against Justice Samuel Leito and Justice Clarence Thomas. And Okay,
so let's pause, and we know kind of this story, but let's
let's piece this back and put the pieces together. Do you know how she
initially came into running for Congress? I somebody hit her up at the bar
she was working on. It was working out or something like that. You're
not far an auditioned process. Auditioned. They auditioned people, and what they
wanted was what you get. Now. I know, the people differ,
and the definition of human beauty is you know, it's a fleeting thing and
it's subjective. But she's good on camera. There are people who think she's
attractive. I think she has moments of being an attractive woman physically, mentally,
spiritually, she's repugnant, which to mean that cancels out the physical beauty.
So she was a bartender who got an economics degree, and she was
a working class person, except her dad was also a ceo, right and
had his own business. He was an architectural CEO with his own firm.
Right, So downtrodden and yet great on camera and good at producing the social
media. She is impeaching wants to to Supreme Court justices, and she's taking
it to a department called justice. Now, it happens that the DJ also
has purview over things like protesters showing up outside the houses of Supreme Court justices
to threaten them into changing their opinion on court cases, which is a federal
felony. That happened. And guess what body has the ability to prosecute that?
And guess what they didn't do, didn't prosecute it. Okay, we
talked last week about the Boeing like criminal fraud fund compared to the one billion
dollars ex Jones owns five hundred million that President Trump owns for correctly assessing his
property. So let me ask you this in your mind. How much of
the American political system is absolute theater based upon products like Alexander the Acostia Cortes
Man. I. I mean it's hard to say, you know, put
a percentage on it, but I mean the vast majority of it. Because
the thing that stands out is when you get one of these people on camera
and they're actually being genuine, right, Like, That's what stands out.
And the funny thing is is if you listen to them, and you know
there's better than I do, you listen to them talk behind closed doors.
It Again, it's not even like they'd refute it, like they present everything
as if it's theater, that the theater and the impression we leave is more
important than what we're actually doing right right, And I mean this woman,
if you want to know the state of this state of our educational system,
just note to yourself that this woman's got an economics degree and listen to her
talk about economics, right right. I mean it's frightening. She's either been
she knows what she's doing, and she's trying to bring the country down.
And I don't think that's her. I think she's truly, truly not a
very bright person, but she's camborrogenic. And this is the this is the
new wave. In the Bible, Psalms, chapter thirty seven, verses twelve
through fifteen, we read the wicked plot against the righteous and gnash their teeth
at them. But the Lord laughs at the wicked, for he knows their
day is coming. The wicked draw the sword and bend the bow to bring
down the poor and needy, and dislay those whose ways are upright. That
describes I think this scenario we're seeing here Stephen Colbert is so funny. And
I don't know about you, Zach, but I love it when comedians use
the F word because it's just right. I mean, no one does it.
No, So you know, you go into comedy club and like,
and sometimes they'll use the MF word and then I'm rolling, Oh yeah,
no, I mean that's comedy. Yeah, hilarious, good stuff. Stephen
Colbert had a conversation about, well, I'll let you see. This is
and this is Abby Phillips and they're talking about the CNN debate the Figureheads of
course, where he just utterly imploded and President Trump, do you hand the
debate should have happened? Absolutely? Why you know, he's gonna lie.
And the other guy is the President United States, who should be should not
be dignifying this criminal who tried to overthrow democracy and does not believe in that.
I absolutely, I think the American people need to know what they're getting.
But they already know. They've both been president of the United States.
It's not like one of them is a mystery. There are a lot of
people who have kind of forgotten what Trump is like, what he was like.
They they're not in the audience denial. A lot of Americans. It's
almost like, you know, there was COVID. A lot of this has
kind of left the brain. And so this is for defending this, and
Colbert is making a statement that Trump was this big threat to democracy. Now
let's just wind back a little bit. That's a guy who said, Hey,
if you don't want to get vaccine, that's fine. You don't need
to go to the hospital, you don't need medical care, you don't need
to leave your house. So if I go to Hollywood and I compare this
to like the financial system the political system, Stephen Colbert is going to take
any position he's told to take by writers. Yeah right, Yeah, he
does have to and we can take that and run this. You tell me
that Stephen Colbert, he's talling and people forget Abby Phillips saying, people forget
about President Trump, they forget what Trump was like, they forget Watch this
and tell me that Stephen Colbert's writing team doesn't know this exists. You notice
anything that gives you a red flag as a doctor? Oh yeah, I
see him twenty times a day in clinic. I mean it's ironic because he
has just classic features of nerd degeneration. I mean word finding difficulties, and
that's not Oh I couldn't find the word. That's from degeneration of the word
retrieval area. He's also overcome stuttering though, could that be part of that
too. This is not a palattle issue or a speech discrepancy, which is
very different from a lemon no dysfunction actual word retrieval where you pick a similar
question or talk around the issue. Plus the rigidity monotone voice. Wait,
go back to that, the rigidity, rigid loss of arms swing standing up
lord Dotically. You notice when he turns, it's kind of end block turning.
It's not a quick turn. So that's one of the hallmarks of Parkinson's
is rigidity and braded kinesias, slow movement, and he has that hallmark,
especially with the low voices. That was a cold hypophonia. A small monotone
voice like this over time is a hallmark of parkinsonism. I could have diagnosed
him from across the mall talking about this guy. Could have I Okay,
so now let's go back to Stephen Colbert threat to democracy. They know what
he's like, and you and I had a discussion about shadow governments, shadow
economies where seven companies are getting forty percent of the dollars going to the S
and P. We as a nation about I'm going to guess about fifty percent
of people are on mental and spiritual autopilot. Oh, I know, I'd
say it's more that percentage. Do you think are on autopilot spiritually mentally?
I mean, I think you're probably looking at eighty five to ninety. That's
so frightening it is, But I mean, you know, just go spend,
you know, just go I mean to here's the thing that blows me
away about guys like Colbert. He's sitting up there as a member of the
media and he's a commentator, so he's got more latitude. But he's saying
things that he knows are are false. Right, and then while accusing President
Trump, which President Trump can have kind of a loose relationship with the truth
oft times, right to say the least. But you're sitting there going there
shouldn't be. You don't want a debate if you think Biden is such the
clear better guy, right, and all Trump does is stand up there and
lie. Right, If that's all he does, then Biden should wipe the
floor with him, Like, what's the issue. Colbert had said, we'll
skip the clip because it's a real quick one. He had said in a
monologue that he suggested that the figurehead should step down. So he is here's
saying, well, not only should we not have the debate, here's what
he actually means is I should do the talking. Yeah, why does a
figurehead get this? And I want to close this out this way. So
we've been talking about reality. We've been talking about the degree to which the
financial system is rigged. That the title of the show is based upon what
you said, it's a debt plantation. There's also this debt of the mind
plantation. And there's a US representative name is Jennifer McClellan. This woman is
making the case to a population of people, many of whom are mentally and
spiritually the bankrupt, bankrupt, unaware of spiritual captives. This is a woman
in Congress who has pledged to uphold the laws of the United States, to
defend the Constitution against enemies foreign and domestic. Explaining something of vital importance,
free to understand, and this has to do with a bill that would simply
make people prove their US citizens earner to vote in our elections. This bill
is essentially a poll tax, because I am not aware of a single proof
of citizenship document that does not cost an individual money to get it, unless
we are requiring every state to provide one for free, and then it's on
on funded mandate. This is the twenty twenty four version of the Jimcrow poll
tax, and we should vote against it. I do. I You know
what costs money? Shoes? Yeah, to walk to the polls? Yep.
You know what else? Cost money? Gas to get there. It
costs money to eat in order to be alive to vote. It usually costs
money to have access to water on a consistent basis in order to vote.
I'm just gonna say it, and maybe people find this offensive. If you
don't have the wherewithal or the financial means to obtain an identification card in this
country, perhaps that's a decent litmus test to determine the fact that you're not
suitable to vote. I mean, that case can be made. And by
the way, do you believe that Democrats, including Jennifer McClellan care about unfunded
liabilities unfunded mandates? Yes? Yeah, I mean that's their economic plan.
Well, they like unfunded mandates, they love them, unless it could do
away with some theater the theater. Is this safest, most secure election in
history? No? And this is the part that I get so frustrated with
Americans. I'm just like, look, you don't. I'm not asking to
be on one side or the other. I'm not asking you to wear to
a MAGA hat, you know, or whatever. But just ask yourself these
questions, this simple question, Right, why is it that somebody could possibly
be against requiring identification of vote? What? What other motive is there?
There isn't one. There just isn't no. When you limit the the the
convoluted possibilities, you get to the Aukham's raiser Yep. That's that's what we're
looking at. Yep. Man, it's been so so good having you in
the High Mountains of Free America. I I I want you to track your
feelings when you go back across the border and tell me what it's like when
you leave the High Mountains of Free America. My gosh, your face,
oh wow, your face just fell. And I want you I don't want
to think about that, right, No, I know, Okay, So
I'll remind you. I'll put it. I'll put it. We'll put a
pin in that. Lord, Thank you for reminding us that you are well
aware of the schemes of the wicked, that you laugh at them. Thank
you for reminding us that we it's our job to help people be spiritual.
You're aware, right, You created us to do that, to go and
make disciples. This is the Todd Hermannshaw. Please go, be well,
be strong, be kind, and remember to not fear. I looked at
the end of the book. I checked it again, and God still wins
and we're on his side.