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Speaker 1: Man, I've been waiting for a long time for someone

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in Congress to say it this way. Maybe it's because

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I see it this way and I want them to

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be like me. This is Thomas Representative, Thomas Massey, and

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he's talking here about well, he doesn't want to be

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an actor in their kabuki theater, and I would call him,

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mister Massey.

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Speaker 2: Can we be honest with the American people about what's

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going on here?

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Speaker 3: This is political theater.

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Speaker 2: I'm going to call out both sides right here. It's

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all posturing as fake fighting. We all know where it

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ends up. This is Groundhog Day. I don't care if

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the Democrat is the speaker or Republican is the speaker.

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We always get a cr in September.

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Speaker 3: And then we get an omnibus.

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Speaker 2: Sometimes there's a twist on that we might get the

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omnibus before Christmas, but if we're not good, it comes

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after Christmas.

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Speaker 1: You get to see the full video. Zach Abraham and

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I are got to talk about this. It's one of

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the greatest speeches I think in the history of Congress,

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and in terms of a lesson as to how our

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government to run economically, I don't think you could get

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better than it's And for Thomas Massy to say he

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refuses to be an actor in their Kabooki theater. I

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love that. We'll talk to Zach. Guy'm about that and

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the debate economics and what about capitalism unconstrained corony, capitalism

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unconstrained by any form of morality.

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Speaker 4: The Todd Herman Show is one hundred percent disapproved by

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big pharma, technocrats and tyrants everywhere. Now from the high

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mountains of Free America, here's the Emerald City exile Todd Herman.

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Speaker 1: Today is a day the Lord has made, and these

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are the times to which God is the satur we

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shall live. My friend, the brother Zach Cabraham, joins us. Zach,

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welcome back to the Todd Hermit Show. Good to have

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you here.

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Speaker 5: Always fun to be here man.

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Speaker 1: Yeah, he's sitting there watching the debate being all entertained.

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Before we get to the Massy clip. Did you sit

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there with the fam and watch it?

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Speaker 5: Parts of it?

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Speaker 1: I really I when you said parts of it, I

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get it.

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Speaker 5: Yeah.

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Speaker 1: I had to watch it.

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Speaker 5: Yeah, no, and I and I watched parts of it.

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Speaker 6: My my, uh my, my wife and kids watched pretty

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much all of it. I got home a little a

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little bit later. But yeah, you know, I find I

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used to be an absolute political junkie, and with the

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way things have progressed over the last let's say, five

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to seven years I've had, I've become very protective of

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my mindset.

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Speaker 5: You know.

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Speaker 6: I've got a lot of things to handle and a

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lot of a lot of people that are counting on

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me to keep my head on straight. And it is

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so maddening to me. It is so ridiculous to me.

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The trajectory is so appalling and scary to me. The

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amount of lies are so it's it's so pervasive that

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it's it's it's a distraction, and it compromises, it compromises

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my my my, you know, my not mental well being,

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like not like you know, I'm worried about my health

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or something, but just you know, when you're managing money,

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you got to see things clearly and you can't get

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emotional and you can't get ticked, and it's just yeah,

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it's just a mess.

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Speaker 5: And and.

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Speaker 6: I'll be honest with you, I don't think the debate

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went much different than than I thought it would. I

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don't think Trump is a very good debater, and I

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don't really understand why he's seen as one. I will

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continue to refer to Trump, I think is a really

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good doctor with horrific bedside manner. And you knew going

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into that that, you.

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Speaker 5: Know, a ABC's hole.

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Speaker 6: I'll tell you what last night did show me, though, Todd,

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is it showed me what a respectable job I thought

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Cen ended with the last debate.

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Speaker 1: Compared to this.

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Speaker 6: Yeah, this was a joke. My wife looked at me

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several times. It was like, wait a second, is that

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a commentator or a journalist? And I was like, well,

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supposedly a journalist, and she's like, this is so un apologetically.

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She's like, I feel like I'm listening to people from

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the Harris campaign, you know. And so you go into

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that going, I know what this is going to be.

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It's going to be gotcha. They're not going to ask

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her any tough questions. They're going to shield her. They're

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going to step in and inter you know, intervene when

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you know Trump's got her on there.

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Speaker 5: It's just it's exactly exactly what you knew it was.

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You know, knew it was going to be.

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Speaker 6: And but I but but you know, it does frustrate

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me with Trump, though, I just I wish he was

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more disciplined and more formula.

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Speaker 1: That's the word right there is he starts to make

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a great point and then he doesn't close it down

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with some specifics.

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Speaker 2: You know.

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Speaker 1: For instance, he was talking about, look, you know, she

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has no plan, no plan. She copied Joe Biden's plan.

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She's taking my plans. Now that's my ideas. I'm going

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to send her a mega hat. And she actually laughed,

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genuinely laughed, as in that was a charming remark that

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the president made. And then President Trump didn't say, for instance,

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I had no tax on tips on this date. She

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suddenly came with no tax on tips, says her irs

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who created the tax on tips. I said this on

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this date, she said. And just give him two or

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three points where the president can say, crisply, cleanly, this

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happened on these dates. If you could get into a

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rule of three and five with her in these debates stating, say,

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for instance, when they were challenging him on election integrity

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and David Meher wanted him to admit finally that he

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quote lost, President Trump could have said, here's three reasons

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why I don't think so, and they're simple and easy.

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We don't check voter ID, we don't check signatures, and

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we counted ballots that arrived after the day of election.

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There's three really easy ones. David Billar Yeah right, yeah.

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Speaker 6: Yeah, I mean there's so I mean, there's so many

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different ones.

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Speaker 5: I mean, for instance, it look.

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Speaker 6: The other thing to look at is some basic statistical

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analysis which you could throw out there, which I mean,

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let's face it, I love math in a setting like

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that because you're not you're not going toe to toe

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with the sharpest swords, you know what I mean, right,

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and you get math immediately you're going to be over

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their head. But you just sit there, you know, just

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just run a standard deviation calculation on what when this

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district wins, what typically happens, and and what I would say,

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the way I would approach it if I was him,

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is just say, look the fact that no one's going

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to the fact that you are sitting back there going

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what is there to look at?

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Speaker 5: What is there to look at?

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Speaker 6: The same people that argued for four years that George W.

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Bush was illegally elected, right, and and you never you

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never asked, you never asked al gored toct recant his

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statement that the election was tole r A and then

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b just look at some standard deviation analysis of the

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election results and go look at the end of the day.

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You can say whatever you want, but to sit there

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and say that there's no smoke here.

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Speaker 5: Right, And that's one of the issues that I have

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a problem with.

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Speaker 6: I'm not an election uh uh expert or by any

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threats of the imagination, but when you look at the

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election results from a statistical analysis standpoint, there were massive abnormalities.

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Now abnormalities a crime does not make right. But to

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sit there and say that somebody's allone because they're calling

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into question the veracity of that election, it's absurd. On

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a mathematical basis, the anomalies were tons. Now, was it

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an anomaloust election? You can make that argument right during

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COVID it.

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Speaker 1: Was made anomalous with the forced mail in voting. They

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made it enymous, right, totally anomalous.

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Speaker 6: And then the outcomes were massively anomalous to the point

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where where where where you saw things happening that have

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never happened before in an election. And then to sit

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there and pretend like you're some kook, because as you're

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calling into the barrasski of the election. I mean, the

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if I think any responsible citizens should be concerned about

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that last the last election, if they have even the

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most rudimentary understanding of mathematics. Now, that doesn't mean that

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every concerned citizen needs to think it was stolen. But

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where I think all reasonable people can kind of coalesce

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around is there were a lot of abnormalities, and I

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think that this probably deserves looking into in a more serious.

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Speaker 5: Unbiased way, exactly.

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Speaker 6: And that's and that's the issue I have whereas I'm

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sitting there going, look, guys, I don't care what side

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the political aisle you're on if you look at that

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map and you can't see the abnormalities or the potential,

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you know, the weirdness, and if you're not for really

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looking into it, if you don't understand how tepid and

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how loose and how fragile this voting system is, which

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which really doesn't make any sense this day and age.

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Speaker 5: Right, And the same people.

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Speaker 6: That are claiming the veracity of the election is unquestioned

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is a completely legal right, they're also the ones that

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don't want to make voters have picture id exactly.

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Speaker 5: You know, Rs fire.

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Speaker 1: Man and on the topic of debating, when you're going

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to be facing three on one, then be able to

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have very clear statements like you just made. For instance,

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President Trump can say, I'm the first president to win

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eighty one million votes and lose or a seventy five

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million in lowse I'm the first president to win all

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the Bellwether counties save to and lose, or you know,

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and he could go through all of these to win Ohio.

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I remember that. I don't forget the exact states, but

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it's never happened before. Those combinations of events have never

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happened before. And those are things that can be on

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tip of his tongue mine or more about the integrity things.

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I want to get to this Massy video because both

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you and I agree this was a fantastic moment to

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Thomas Massey. He cleared the air in Congress by coming

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out and saying, look, this is all pretend and it's

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all theater. You can clear the air in your home.

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I'm going to be staying there in a BRBO when

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I go to seal fit. I'm hoping this guy's got

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the oxy leaf too, thunderstorm devices.

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Speaker 5: He should.

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Speaker 1: It's a really nice BRBO and he's a really solid host.

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If you have that, or you have an Airbnb, any

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form of rental, or your kids are going to be

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out in college dorms. Those places can stink to high,

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well low hell. Really, wherever you're at long haul truck er,

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a home, or you smoke, you've got cats, you could

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have an air filter running. They're super loud. They're expensive

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because you have to replace the filters two to four

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hundred bucks every single year. The oxy Leaf Too Thunderstorm

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device is in air purifier and it works almost magically.

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It produces O three that's ozone. Puts that into the air.

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Those molecules have magic properties. They bond to the bad

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smelling molecules and they change the molecular structure. No air

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filter does that. That's how it can arrest things like

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this smell of kid puke at a car and cat

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you know what in a house. Go to eten deals

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dot com, enter code Todd three. You'll save two hundred

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dollars get whole home coverage three of these devices. It's

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eatinpredeals dot com, enter code Todd three. Here's the video

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from Representative Thomas Massey, and then Zach and I will

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respond to the video.

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Speaker 2: Can we be honest with the American people about what's

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going on here?

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Speaker 3: This is political theater.

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Speaker 2: I'm going to call out both sides right here. It's

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all posturing, it's fake fighting. We all know where it

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ends up. This is groundhog Day. I don't care if

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the Democrat is.

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Speaker 3: The speaker or Republican is the speaker.

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Speaker 2: We always get a cr in September, and then we

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get an omnibus. Sometimes there's a twist on that we

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might get the omnibus before Christmas, but if we're not good,

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it comes after Christmas. But that's what's going to happen.

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And in the meantime, it's political theater.

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Speaker 3: You know, we've got some.

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Speaker 2: It's good theater. We've got great writers. I wish they'd

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just come up with a new plot. It's the same

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plot every fiscal year.

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Speaker 3: What should we be doing? It's already been discussed.

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Speaker 2: We should have done twelve separate bills.

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Speaker 3: We should have done twelve separate bills.

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Speaker 2: But again, whether Democrats are in control or Republicans are

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in control, we never do the twelve separate bills. Why

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do we always spend at least as much as we

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did last year?

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Speaker 3: And why do we never cut spending.

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Speaker 2: It's because Democrats want to grow the welfare state and

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Republicans want to grow the military industrial complex. And we're

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eventually going to get together and they're both going to

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go up.

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Speaker 3: I guarant damntee it.

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Speaker 2: And both parties are just fine letting the bureaucrats do

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their thing, which should be our thing. According to Article one,

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Section eight in the Constitution.

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Speaker 3: We are empowered with these things.

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Speaker 2: Most important of the things we do is the funding,

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and that's the big lever we have. You sat through

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now almost two years of hearings in this Congress where

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we've exposed lies at the SEA, shortcuts at the FDA,

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unconstitutional gun bands at the ATF, over prosecution of January

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sixth ers at the DOJ, targeting common citizens at the FBI,

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spying by the NSA, illegal mandates for livestock by the USDA,

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targeting plant vaccine or transgending plant vaccine at the NSF,

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and censorship the industrial complex at the end of which

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the NSF is part of automobile kill switch at the DOT. Now,

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these are all things I think most Democrats are just

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fine with this kind of totalitarian state that the bureaucrats

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are pushing on us. But Republicans at least pretend to

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be against these things. But what are we going to

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do this September. We're going to fund every freaking one

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of those things that we have exposed. That is the

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tool that we have, is the funding. Why are we

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funding things we don't like? We don't have to. It's

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because we're addicted to spending and this doesn't do anything about.

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Speaker 3: The addiction at all.

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Speaker 5: So why let me.

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Speaker 2: Touch on one point two here that I think is important.

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As you know, a couple of years ago, or a

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summer and a half ago, I suppose, now we did

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something where we allowed the debt limit to be increased,

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but as as a condition of that, we said, if

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you do a CR that lasts past April thirtieth, everything's

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going to get cut one percent. And that to me

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seemed like at least a little tinge of fiscal responsibility

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was creeping in. But now I noticed that this CR,

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instead of going one year and giving its time to

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do the twelve appropriations bills, is going to go six months.

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Speaker 3: Now, let me tell you what's going to happen. Because

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this goes six months.

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Speaker 2: Number one, it ends in March twenty eighth on March

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twenty eighth. Well, the automatic cuts happened on April thirtieth

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if the CR went past that. So that is a

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exactly why the Speaker chose a six months R is

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so we don't have even the chance a threat to this,

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to this town. It's a threat of a one percent cut.

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Speaker 5: We don't want to even this is like t ball.

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Speaker 2: The one percent cut is on the tee and Republicans

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won't even swing at it. So instead we're going to

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do a six month R instead of a one year CR.

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That sets up this another crisis next spring where we

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can do another pretend fight sometime around March, and that

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fight will it'll be the same fight regardless of who

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wins the presidency and who's in charge of the Senate

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in the House, and we're basically going to get pretty

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much the same result.

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Speaker 3: But that's six.

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Speaker 2: Months from now. In the meantime, we can kick the

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can down the road.

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Speaker 3: All of these things that we've exposed.

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Speaker 2: And all of these hearings are going to continue to

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get funded. But wait, there's a bright shiny object on

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this CR. I've never seen one of these. I have

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never seen a bright shiny object attached to one of

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these must pass bills.

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Speaker 3: Oh wait no, and actually happens.

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Speaker 2: There always is a bright shiny object, a babble if

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you will, little something to get excited about this Save Act.

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Speaker 3: It's gonna save us, all right. And by the way,

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this is good political theater. I do like this part of.

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Speaker 2: It that we're gonna see almost every Democrat cast a

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vote so that illegals can vote in our elections. I mean,

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that's pretty clever on the part of our speaker to

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set that up, make you all take that vote.

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Speaker 5: But here's what he's gonna do.

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Speaker 2: After you take that vote, he's gonna take it off.

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Speaker 1: The bright shiny object goes away.

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Speaker 2: It's Lucy in the football again.

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Speaker 3: And the American.

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Speaker 7: Public is all revved up. Yeah, we're gonna get to

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Save Act. We're gonna saved these elections. We just stopped

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the illegals from voting. Really, how are you gonna do

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that in like six weeks. I think they're all ready registered.

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If they're gonna vote, some of.

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Speaker 5: Them probably already voted.

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Speaker 2: This Save Act ain't gonna say anything, and particularly because

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it ain't ever gonna become laws, it's a false promise.

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To get all the Republicans half pregnant, and then you're

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gonna get fully pregnant by the end of September when

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you vote for this cr that is not going to

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have this. I mean, I hate to break this to you.

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I mean, the Democrats already know this. I'm not telling

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you anything special. I hate to break it to the Republicans.

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You ain't getting the Save Act. It is not going

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to stay on this bill. Why because we're gonna cave.

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Speaker 5: We're gonna cave.

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Speaker 3: Is it a fight worth having? Absolutely, it's a fight

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worth having.

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Speaker 2: Make those Democrats say they want illegals to vote, make

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them take that vote as many times as you can,

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and then make them go to the ballot box in November.

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Speaker 3: But that's what it is is political theater. Folks. We

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all know where it ends up. We've seen it. I've

359
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been here twelve years. I've seen it twelve times.

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Speaker 2: I refuse to be a Thespian in this failure theater, Zach.

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Speaker 1: It's a masterclass. And you know my particular thing in

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there is finally someone's admitting it's all an act. Finally.

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Speaker 6: Yeah, well, ay, you and I have had this conversation

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many times and I I know my client's are tired

365
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of hearing it. Every single year I get asked about

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the CR and the budget and what's going on, and

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I'm like, guys, yeah, let me let me, let me

368
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ruin the ending for you. Okay, They're going to pass

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a CR, No one's going to vote against it, and

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the budget will go up, the deficit will increase, and

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we'll move on right like and and it's and it's

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and it's he he hit the ball out of the park.

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And he also uh illustrated one of the things that

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we've been preaching to our clients, and I've been preaching

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to to pretty much everybody will listen, which is listen.

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We always want to manage risk, and we always want

377
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to be careful in investing. But when you have a

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government that literally has no constraints, the media is no

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longer a constraint either party, for the most part, on

380
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a fiscal level, is not a constraint to either side. Right,

381
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the citizenry isn't you know. There's a great quote by

382
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Thomas Sole which is talking about why politicians are such

383
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great liars, and we're one of the reasons why. Because

384
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when people are willing to readily believe lies. Then only

385
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liars end up in office, you know. And he was

386
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illustrating all of this. But it's also one of the

387
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reasons why I tell people, Look, if you're not getting

388
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the gist of how this is going to work, you're

389
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not paying attention. Now, this doesn't mean you go out

390
00:19:36,799 --> 00:19:40,720
and buy assets writ large, but this is why your

391
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principal fears should not be looks. And certain things are

392
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going to crash. There's you know, you're still looking at

393
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the market that's got laughably inflated evaluations on so many

394
00:19:52,240 --> 00:19:56,200
different things. Like I've always said, there's a lot of

395
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great things that are being ignored that I think are

396
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gonna come in very handy. But but the way this

397
00:20:01,519 --> 00:20:05,079
ends or or or you know, and for that matter,

398
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every great you know empire has ended this way.

399
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Speaker 5: It's through inflation.

400
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Speaker 6: Like meaning, if everybody's well, you could have another great depression.

401
00:20:14,799 --> 00:20:17,119
Speaker 5: No you won't. There's no political will.

402
00:20:17,160 --> 00:20:19,119
Speaker 6: And people go political will for a depression, what do

403
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you mean, and I go, there's no budgetary constraints.

404
00:20:22,720 --> 00:20:23,640
Speaker 5: It's too easy.

405
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Speaker 6: You're gonna have the FED print a couple of trillion dollars.

406
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You're gonna send out some more fiscal stimulus and some

407
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PPP loans.

408
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Speaker 5: Guys, this ain't ending with soup lines.

409
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Speaker 6: It could be due to inflation, but it ain't gonna

410
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end in soup lines and the depressionary collapse. The way

411
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this is going to end is the average person can't

412
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finance their own lifestyle.

413
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Speaker 5: Right, That's what's happening.

414
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Speaker 6: And he illustrated the reason why there is no and

415
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you're so far along the path now that any short

416
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term financial pain that came from financial restraint, meaning.

417
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Speaker 5: People need to understand, well the depthtits out of control.

418
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Speaker 6: I totally agree they need to rein it in, but

419
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we need to be able to take the pain with that,

420
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meaning there will be a recession. It would be a

421
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pretty hardcore recession. I think it would be on par

422
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with eight oh nine, right, if you really tried institute

423
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spending restraints. But here's where we are, right, we're at

424
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that point where people are voting themselves large as the

425
00:21:21,039 --> 00:21:25,799
state treasury, right, and and the politicians know it. Nobody's

426
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got the political will. And when you're living in a

427
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world of a fiat currency, like, don't be afraid of collapses, right,

428
00:21:33,960 --> 00:21:36,319
be afraid of not being able to afford things exactly,

429
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and that's that's the principal threat.

430
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Speaker 4: Yep.

431
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Speaker 1: And what I love about Massew's saying as well is

432
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when he treats it as theater. You can unfold this

433
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in many, many other ways. For instance, are so much

434
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of our fabric is built upon these words that give

435
00:21:52,440 --> 00:21:54,960
us comforts? Well, you know we've got a debt ceiling.

436
00:21:55,400 --> 00:21:58,599
Oh that's good because without a debt ceiling, you could

437
00:21:58,680 --> 00:22:01,559
just continue to raise the debt. And that word ceiling

438
00:22:01,599 --> 00:22:03,359
that means something. I mean, I don't know how often

439
00:22:03,359 --> 00:22:04,960
you raise the ceiling in your house. I do, mind,

440
00:22:05,039 --> 00:22:07,240
like every the week, because we raise them.

441
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Speaker 5: We raised the roof. Some good music going on in

442
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the house.

443
00:22:12,519 --> 00:22:19,279
Speaker 8: Social security, it's secure they I mean give them credit

444
00:22:19,319 --> 00:22:22,359
for being at least clever marketers in the way they

445
00:22:22,440 --> 00:22:24,799
name things and the way they market this to people.

446
00:22:25,160 --> 00:22:27,160
Speaker 1: You mentioned inflation. I want to get to this because

447
00:22:27,160 --> 00:22:29,519
there's some fears about and this is taking it straight

448
00:22:29,559 --> 00:22:33,839
from CNBC medium term delinquency fears is unexpectedly hit four

449
00:22:33,880 --> 00:22:36,720
year high. We'll have you unfold that. Zach does this

450
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with the help of coffee. I don't get to have

451
00:22:38,799 --> 00:22:42,359
coffee right now. This is insane. I'm having to wean

452
00:22:42,440 --> 00:22:44,839
myself off coffee. I can't wait to come back from

453
00:22:44,920 --> 00:22:48,200
seal Fit. I intend to take all the bone Frog

454
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coffee I would have drunk while I'm at seal Fit

455
00:22:50,079 --> 00:22:52,599
because there's no caffeine allowed there. So if you see

456
00:22:52,599 --> 00:22:55,599
me becoming very very low because I'm not getting able

457
00:22:55,640 --> 00:22:57,759
to have my caffeine, so I'm gonna take it, I'm

458
00:22:57,799 --> 00:23:01,480
gonna bathe in it and drink it. That's gross. I'll

459
00:23:01,519 --> 00:23:03,799
clean out the bathtub, like where Kamala Harris puts her

460
00:23:03,839 --> 00:23:05,680
collar greens. She says she cleans her collar greens in

461
00:23:05,720 --> 00:23:08,480
the bathtub. I'll clean out the bathtub really well, fill

462
00:23:08,519 --> 00:23:10,799
it with coffee, drink my fill, and then get in

463
00:23:10,839 --> 00:23:12,960
and bathe in it. Here's him a name missing bone

464
00:23:12,960 --> 00:23:14,960
Frog Coffee. This is a great time for you to

465
00:23:15,000 --> 00:23:18,599
try the Goltlocker blend. This is a very dark French roast.

466
00:23:19,000 --> 00:23:22,039
It doesn't have any of the bitterness of the Starbucks

467
00:23:22,039 --> 00:23:27,000
stuff any and it was a three year process. Tim

468
00:23:27,039 --> 00:23:29,519
krook Sink the found her bone Frog coffee. He's a

469
00:23:29,519 --> 00:23:33,839
retired Navy seal former BUDS instructor. Three years of experimentation,

470
00:23:33,960 --> 00:23:37,720
he and Dave Stewart. Dave created Settle's Best coffee. They

471
00:23:37,759 --> 00:23:40,359
went through to even be able to release. This blend

472
00:23:40,680 --> 00:23:43,920
comes from a great tradition in the Navy. The enlisted

473
00:23:44,160 --> 00:23:47,519
officers could go into the goat locker and even the

474
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big deal admirals had to knock to get in full

475
00:23:51,559 --> 00:23:54,480
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476
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477
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478
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479
00:24:04,039 --> 00:24:09,759
slash Todd. So unexpectedly, Zach the the the rise over

480
00:24:09,839 --> 00:24:15,000
median term delinquencies. Here's the headline, Inflation expectations rise over

481
00:24:15,119 --> 00:24:18,960
median term as delinquency fears unexpectedly hit four year high.

482
00:24:19,400 --> 00:24:22,519
Totally unexpectedly that were they to be delinqucency? Was that

483
00:24:22,599 --> 00:24:24,880
unexpected that in an environment like this you might have

484
00:24:24,920 --> 00:24:28,559
people hitting delinquencies in terms of house loans and car loans. Stunned?

485
00:24:28,599 --> 00:24:29,880
Are you?

486
00:24:29,960 --> 00:24:33,240
Speaker 5: Yeah? No, not really, not at all.

487
00:24:33,359 --> 00:24:38,839
Speaker 6: And the I think people keep looking for this, that

488
00:24:38,920 --> 00:24:40,039
kind of data and that.

489
00:24:40,079 --> 00:24:41,599
Speaker 5: Type of news to lead to.

490
00:24:43,279 --> 00:24:47,039
Speaker 6: You know, more economic problems, more stock market carnage, things

491
00:24:47,039 --> 00:24:51,039
of that nature. And I really don't think that that's

492
00:24:51,519 --> 00:24:53,920
I don't really think that's the trajectory we're on.

493
00:24:54,400 --> 00:24:57,599
Speaker 5: And I think it's perfectly illustrated by the look.

494
00:24:57,640 --> 00:24:59,480
Speaker 6: I think you can find the genesis this going back

495
00:24:59,519 --> 00:25:05,039
to oaight on right like meaning I think that you know,

496
00:25:05,079 --> 00:25:07,400
I think the middle class folks in this country used

497
00:25:07,400 --> 00:25:08,119
to be a focus.

498
00:25:08,160 --> 00:25:10,920
Speaker 5: They're not anymore. They're not. It's about the elites, it's

499
00:25:10,920 --> 00:25:13,119
about the rich, it's about all that.

500
00:25:13,319 --> 00:25:16,640
Speaker 6: Because when you look, if you break it down into demographics,

501
00:25:16,720 --> 00:25:20,400
it really is only you know, the forty year old

502
00:25:20,400 --> 00:25:23,319
and younger crowd, primarily thirty five and younger, that are

503
00:25:23,359 --> 00:25:26,480
having the delinquency problems, you.

504
00:25:26,440 --> 00:25:29,680
Speaker 5: Know, just because everybody else.

505
00:25:29,759 --> 00:25:31,319
Speaker 6: If you own a house, if you own a stock

506
00:25:31,400 --> 00:25:34,079
market account, right, if you're invested, if you're a baby boomer,

507
00:25:34,880 --> 00:25:38,759
you're getting far more benefit from the inflation than you.

508
00:25:38,680 --> 00:25:41,559
Speaker 5: Are on balance, right, Obviously.

509
00:25:41,160 --> 00:25:44,640
Speaker 6: There's exceptions, but but you're getting far more benefit from

510
00:25:44,680 --> 00:25:48,279
the from the inflation than you are getting than you are.

511
00:25:48,400 --> 00:25:50,640
You know, then you're than you're getting any help from it,

512
00:25:50,920 --> 00:25:52,839
or you're gonna excuse me, then you're getting pain from it.

513
00:25:53,279 --> 00:25:58,359
So but but you know, at the end of the day,

514
00:25:58,400 --> 00:26:02,359
this is if you look, we're not legislating based on

515
00:26:02,400 --> 00:26:05,279
the middle class like we used to. We're not, right,

516
00:26:06,119 --> 00:26:08,119
you just see the way that you know, look at

517
00:26:08,119 --> 00:26:13,000
Fed policy. Look at the FED constantly talking about inflation

518
00:26:13,160 --> 00:26:16,720
being too low for so long, right then they finally

519
00:26:16,759 --> 00:26:21,119
get it. This is not new, right, Meaning wealthy class

520
00:26:21,240 --> 00:26:24,359
always does well from inflation. And the reason they do

521
00:26:24,440 --> 00:26:28,599
well from inflation. If you're worth one hundred million bucks, okay,

522
00:26:28,599 --> 00:26:31,240
and your cost of living goes up twenty percent twenty

523
00:26:31,279 --> 00:26:35,240
five percent, who cares? Especially if your asset based increases

524
00:26:35,279 --> 00:26:37,920
by thirty five percent, right, like it? It doesn't have

525
00:26:38,000 --> 00:26:41,720
an impact, meaning you have tons of elasticity in your budget.

526
00:26:41,920 --> 00:26:44,039
And I don't mean to like, but you and I

527
00:26:44,079 --> 00:26:47,039
are similar in that way, meaning we're not we're not rich,

528
00:26:47,160 --> 00:26:51,279
we're not wealthy. But but you know, the the increase

529
00:26:51,319 --> 00:26:54,519
in cost You know, my lifestyle personally has not changed

530
00:26:54,559 --> 00:26:58,519
in iota because of inflation, but you know, if you're

531
00:26:58,559 --> 00:27:01,319
on the lower end of the income scale has and.

532
00:27:01,400 --> 00:27:03,000
Speaker 1: My life sound probably should change.

533
00:27:03,480 --> 00:27:05,240
Speaker 5: Well. I mean, I look at.

534
00:27:05,200 --> 00:27:06,960
Speaker 1: The supplements I buy, man, I look at my prot

535
00:27:07,039 --> 00:27:09,319
you know, it's a thirty five dollars pack of powder

536
00:27:10,000 --> 00:27:13,079
fort right, I mean probably should and probably be certing

537
00:27:13,119 --> 00:27:15,759
God's money a little better in that regard.

538
00:27:15,960 --> 00:27:20,119
Speaker 6: But no, But there's a mathematical thing though, talk like, yes,

539
00:27:20,200 --> 00:27:22,279
it changes, and it kind of gives you sticker.

540
00:27:22,000 --> 00:27:22,799
Speaker 5: Shock a little bit.

541
00:27:23,119 --> 00:27:25,559
Speaker 6: But when we look at what that change amount is

542
00:27:26,039 --> 00:27:30,759
as a percentage of your annual income, it's not statistically significant,

543
00:27:31,079 --> 00:27:33,359
right where if you're at the lower end of the income,

544
00:27:33,400 --> 00:27:35,440
if you're at eighty five grand a year, ninety grand

545
00:27:35,440 --> 00:27:38,480
a year trying to raise kids, a fifteen to twenty

546
00:27:38,519 --> 00:27:42,000
percent increase at the gas pump and for food more

547
00:27:42,039 --> 00:27:45,160
than that on food, But that is a significant draw

548
00:27:45,200 --> 00:27:48,599
That is a significant percentage of of your disposable income.

549
00:27:48,960 --> 00:27:51,240
Speaker 5: So you know, and that's what nobody will.

550
00:27:51,119 --> 00:27:53,880
Speaker 6: Say, is that all of this bad policy, that's reckless spending,

551
00:27:53,920 --> 00:27:57,240
these endless deficits and all this stuff. Look, it's out

552
00:27:57,279 --> 00:28:00,680
on the back of the US middle class, like it is,

553
00:28:00,799 --> 00:28:02,799
full stop, and you can't debate that.

554
00:28:03,519 --> 00:28:06,880
Speaker 1: And when you're talking about policy and policy being built

555
00:28:06,920 --> 00:28:09,880
for the elites, let's dig into that a little bit

556
00:28:09,880 --> 00:28:11,960
because that's a very very interesting topic and it can

557
00:28:12,000 --> 00:28:14,039
also lead us into this next discussion I want to

558
00:28:14,039 --> 00:28:18,240
have with you a bigger discussion about crony capitalism unmoored

559
00:28:18,279 --> 00:28:21,240
by any faith, I mean, any morality. I mean, God

560
00:28:21,279 --> 00:28:23,680
knows it's not Christian morality. We'll talk about this with

561
00:28:23,759 --> 00:28:26,000
Zach Abraham. Here's a way that you can employ a

562
00:28:26,039 --> 00:28:28,640
Christian morality in the things that you purchase, super easy.

563
00:28:28,640 --> 00:28:30,400
And it's not a company that goes around saying they're

564
00:28:30,480 --> 00:28:33,519
Christian company, but they have Christian values and that vote,

565
00:28:33,559 --> 00:28:35,759
those vials are that all lives matter. Let's go through

566
00:28:35,799 --> 00:28:37,640
a checklist. You're going to use soap for the rest

567
00:28:37,640 --> 00:28:39,839
of your life unless you intend to stink like a freak.

568
00:28:40,480 --> 00:28:42,119
If you don't intend to stink like a freak, and

569
00:28:42,119 --> 00:28:43,799
you're going to use soap for the rest of your life,

570
00:28:43,880 --> 00:28:45,839
how about if you buy it from a small company

571
00:28:46,039 --> 00:28:49,640
who actually matches your values. In this case, a company

572
00:28:49,720 --> 00:28:53,480
born because the owners wanted to create a place for

573
00:28:53,519 --> 00:28:55,759
their son to work because their son is hated by

574
00:28:55,759 --> 00:28:58,279
the world in some ways, not really, but that sort

575
00:28:58,319 --> 00:29:01,599
of thing. He is very high in the autism spectrum.

576
00:29:01,880 --> 00:29:05,160
He is effectively nonverbal. He's been through eighteen operations at

577
00:29:05,160 --> 00:29:09,599
the age of thirteen and doctors said, let us kill

578
00:29:09,640 --> 00:29:12,400
this baby for you before he's born. John and his

579
00:29:12,440 --> 00:29:15,559
wife said no. And as Alan age, they formed Alan

580
00:29:15,640 --> 00:29:17,920
Soaps for a place for him to work. But not

581
00:29:18,039 --> 00:29:22,119
just him, other kids and young people like him. So

582
00:29:22,240 --> 00:29:24,960
his brother Ian works there. Now there's a young lady,

583
00:29:25,000 --> 00:29:29,519
she's in her twenties. She's deeply, deeply impacted. She works there.

584
00:29:29,599 --> 00:29:33,920
Now that's a mission. All lives matter. Your soap company,

585
00:29:33,920 --> 00:29:37,079
your big soap company you buy from habitually, probably makes

586
00:29:37,119 --> 00:29:40,640
their products wherever these products are made in the United States.

587
00:29:41,440 --> 00:29:44,440
The soap you buy from whomever these big companies is

588
00:29:44,519 --> 00:29:47,920
probably made with a bunch of chemicals, not Alan's. It's

589
00:29:47,920 --> 00:29:50,240
made with all natural ingredients by a family with three

590
00:29:50,240 --> 00:29:53,599
generations of soap making expertise. All of this, one hundred

591
00:29:53,599 --> 00:29:55,839
percent of it adds up to this. If you're not

592
00:29:55,839 --> 00:29:58,880
buying Alan Soaps at alansaps dot com slash todd, you're

593
00:29:58,920 --> 00:30:01,799
making a different decision, and it's a decision that probably

594
00:30:01,799 --> 00:30:05,000
doesn't match your values. Alan Soaps dot com slash todd

595
00:30:05,039 --> 00:30:09,319
ten percent off your first purchase there, so Zach, you're

596
00:30:09,319 --> 00:30:13,839
talking about policy being crafted for the elites. Economic policy

597
00:30:13,880 --> 00:30:18,359
based upon inflation is okay. Endless deficits are okay. Endless

598
00:30:18,400 --> 00:30:22,400
debt is okay because these people benefit from that. They

599
00:30:22,519 --> 00:30:25,720
benefit from endless debt, they benefit from inflation. But then

600
00:30:25,759 --> 00:30:29,920
there's also legislation like forcing people to purchase products they

601
00:30:29,960 --> 00:30:32,000
don't want from companies they don't like at prices they

602
00:30:32,079 --> 00:30:35,920
can't afford. That's big legislation, forcing people to get injected

603
00:30:35,960 --> 00:30:38,119
with things they don't want. That's on behalf of the elites.

604
00:30:38,240 --> 00:30:39,640
What else do you see in terms.

605
00:30:39,440 --> 00:30:42,519
Speaker 6: Of that, Well, let's again, let's go back to oight

606
00:30:42,519 --> 00:30:43,920
on nine and let's look at it from a very

607
00:30:43,920 --> 00:30:46,720
simple perspective. Okay, you have a financial crisis that was

608
00:30:46,759 --> 00:30:52,920
effectively caused by idiotic policies in the late nineties, ninety

609
00:30:52,920 --> 00:30:53,599
eight ninety nine.

610
00:30:53,640 --> 00:30:55,680
Speaker 5: The repeal of glass Stegle was a big part of that.

611
00:30:57,160 --> 00:30:59,640
Speaker 6: As a matter of fact, the financial crisis couldn't have

612
00:30:59,640 --> 00:31:02,960
happened unless glass Steagel was repealed in ninety eight.

613
00:31:03,000 --> 00:31:05,440
Speaker 4: I believe some people don't know.

614
00:31:05,720 --> 00:31:09,440
Speaker 6: Yeah, Glass Stiegel was the post great depressionary piece of

615
00:31:09,559 --> 00:31:14,559
legislation that worked phenomenally. By the way, that mandated that

616
00:31:14,839 --> 00:31:20,519
consumer banks, investment banks, and insurance banks insurance providers had

617
00:31:20,519 --> 00:31:23,240
to remain separate. Okay, so you couldn't. You couldn't be

618
00:31:23,319 --> 00:31:26,680
all in one right for pretty obvious reasons. Okay, So

619
00:31:26,759 --> 00:31:30,200
we passed that. Post Great Depression, we didn't have any

620
00:31:30,279 --> 00:31:35,559
significant financial crisis for the next effectively eighty years.

621
00:31:35,920 --> 00:31:36,279
Speaker 5: Okay.

622
00:31:36,720 --> 00:31:40,279
Speaker 6: We repealed glass Steagel in two thousand, in nineteen ninety eight,

623
00:31:40,799 --> 00:31:45,960
and it reaped of inside baseball because the chief of

624
00:31:46,000 --> 00:31:47,599
City Bank at the time was a guy by the

625
00:31:47,640 --> 00:31:51,720
name of Sandy Lyle Sandy Wile actually and uh and

626
00:31:51,920 --> 00:31:57,519
and his protege was Jamie Diamond. Okay, fair, Yeah, currently

627
00:31:57,559 --> 00:32:00,200
hit the head a JP Morgan and at the time

628
00:32:00,440 --> 00:32:03,640
he merged and it was a direct violation of Glass

629
00:32:03,640 --> 00:32:06,960
Steagel at the time he merged Travelers with City Bank.

630
00:32:07,200 --> 00:32:08,440
Speaker 5: Okay, direct violation.

631
00:32:08,920 --> 00:32:11,519
Speaker 6: Within the next six months after that merger came through,

632
00:32:11,759 --> 00:32:13,079
Glass Steagle was repealed.

633
00:32:13,359 --> 00:32:13,680
Speaker 5: Okay.

634
00:32:13,720 --> 00:32:16,839
Speaker 6: Guys like Sidy, Right, Guys like Sandy Wild and Jamie

635
00:32:16,880 --> 00:32:20,440
Diamond don't do things like this unless they know what's

636
00:32:20,480 --> 00:32:21,000
going to happen.

637
00:32:21,079 --> 00:32:22,400
Speaker 5: Right, you don't take that kind of risk.

638
00:32:22,680 --> 00:32:27,039
Speaker 6: So a inside baseball we repealed that legislation, and shocker,

639
00:32:27,440 --> 00:32:29,480
within the next ten years, we have the biggest.

640
00:32:29,119 --> 00:32:31,319
Speaker 5: Financial crisis since the Great Depression. Okay.

641
00:32:31,839 --> 00:32:34,880
Speaker 6: So then the other thing they did was an addendum

642
00:32:34,920 --> 00:32:37,759
to the Community Housing and Reinvestment Act. This was in

643
00:32:37,839 --> 00:32:42,480
nineteen ninety nine, where they loosen lending standards, right, and

644
00:32:42,480 --> 00:32:44,000
we all know that story.

645
00:32:44,160 --> 00:32:48,799
Speaker 5: That definitely fed into it. But I think you really

646
00:32:48,839 --> 00:32:53,519
see it in the response, right, the response to eight

647
00:32:53,519 --> 00:32:56,279
to nine. So, first of all, eight o nine, what

648
00:32:56,319 --> 00:32:57,400
do they effectively do?

649
00:32:57,880 --> 00:33:00,319
Speaker 6: They bail out to the tune of about eight hundred

650
00:33:00,319 --> 00:33:02,960
and eighty billion dollars all the big banks that created

651
00:33:03,000 --> 00:33:07,319
this mess and even allowed them to pay out bonuses yep,

652
00:33:07,400 --> 00:33:10,960
right with that money, okay, and then in response to that,

653
00:33:11,559 --> 00:33:14,480
they tight all the banks have to tighten lending standards

654
00:33:14,480 --> 00:33:16,680
according to the you know, new accounting rules and the

655
00:33:18,119 --> 00:33:20,319
adjustments they made, the gap and all that kind of stuff,

656
00:33:21,039 --> 00:33:22,759
and then they drop rates to zero.

657
00:33:23,440 --> 00:33:23,839
Speaker 5: Okay.

658
00:33:24,279 --> 00:33:26,920
Speaker 6: So what do you do when you're in the middle

659
00:33:26,920 --> 00:33:30,599
of an economic malaise? You tighten, You tighten lending standards,

660
00:33:30,880 --> 00:33:34,200
then you drop rates to zero. Great, but the only

661
00:33:34,279 --> 00:33:37,960
people that can access zero percent money are people that

662
00:33:38,000 --> 00:33:40,119
have the balance sheet that can justify it, right, because

663
00:33:40,119 --> 00:33:43,160
you tighten lending standards. So by the time the average

664
00:33:43,160 --> 00:33:45,400
guy's balance sheet heals to the point where he can

665
00:33:45,440 --> 00:33:48,960
actually afford a new house. Housing prices have already ripped

666
00:33:49,000 --> 00:33:50,759
fifty because the rich went in there and bought up

667
00:33:50,759 --> 00:33:53,599
city blocks of the stuff on zero percent money, right,

668
00:33:53,640 --> 00:33:56,440
And it was zero risk for them because the rent

669
00:33:56,480 --> 00:33:59,039
costs that they were paying it out were far greater

670
00:33:59,119 --> 00:34:01,000
than the carry costs of the debt that they were

671
00:34:01,000 --> 00:34:03,960
carrying because they were doing at historically low rates, right.

672
00:34:04,000 --> 00:34:08,199
And so every turn you sit there and it's sticking

673
00:34:08,199 --> 00:34:10,519
it to the middle class at the benefit of the

674
00:34:10,639 --> 00:34:13,320
rich and the elite and the banks. And you know,

675
00:34:13,599 --> 00:34:15,760
I think some of it can be chalked up to

676
00:34:15,880 --> 00:34:18,559
just stupidity, which you know they do have that in

677
00:34:18,679 --> 00:34:22,719
mass running around Washington, DC. But then you've got your

678
00:34:22,760 --> 00:34:25,360
power players behind the scenes and know exactly what's going on.

679
00:34:25,440 --> 00:34:28,880
Speaker 1: Yeah, we were loaning. So the American people lost a

680
00:34:28,920 --> 00:34:32,000
whole boatload of money in the housing crisis. Some people

681
00:34:32,039 --> 00:34:34,360
lost their houses, people lost the ability to buy houses

682
00:34:34,360 --> 00:34:38,440
for a decade. Property owners got screwed. They got screwed

683
00:34:38,480 --> 00:34:41,440
out of rent, they got screwed out of mortgages or rent,

684
00:34:41,440 --> 00:34:43,880
they should say. And then the fix to this is, hey,

685
00:34:43,960 --> 00:34:45,719
let's loan a bunch of money. Let's let's make this

686
00:34:45,760 --> 00:34:48,000
as your percent interest rate available to people who don't

687
00:34:48,000 --> 00:34:51,679
need the money. They don't need loans. They can go

688
00:34:51,719 --> 00:34:53,920
buy as many houses as they want for cash. They

689
00:34:53,960 --> 00:34:56,760
don't need the loans, but let's give them the loans.

690
00:34:57,039 --> 00:34:59,559
Juice the economy back up this way, and we pay

691
00:34:59,599 --> 00:35:01,159
off our front and who already got paid off with

692
00:35:01,239 --> 00:35:03,320
bonuses for crashing the economy?

693
00:35:03,960 --> 00:35:04,400
Speaker 5: Right well?

694
00:35:04,400 --> 00:35:06,199
Speaker 6: And then yeah, and then we and then we and

695
00:35:06,239 --> 00:35:11,079
then we legally prosecute people for mortgage fraud, but not

696
00:35:11,159 --> 00:35:13,599
a single person goes to jail from the banks that

697
00:35:13,679 --> 00:35:14,079
issued it.

698
00:35:14,400 --> 00:35:18,800
Speaker 5: Exact, meaning meaning you issued a no job loan, you

699
00:35:18,840 --> 00:35:21,119
didn't verify it at all, and this is all on

700
00:35:21,199 --> 00:35:24,679
the lender, right or are you kidding me? Right right?

701
00:35:24,719 --> 00:35:27,079
Like it's a the whole thing is a joke.

702
00:35:27,719 --> 00:35:31,880
Speaker 6: And and but you'll constantly see them right the the

703
00:35:31,880 --> 00:35:35,639
the person that pays the price is always the person

704
00:35:36,039 --> 00:35:39,159
that is insignificant to their ability to stay in power,

705
00:35:39,239 --> 00:35:43,000
Meaning they don't care if Joe Smith down the street

706
00:35:43,079 --> 00:35:43,920
loses his house.

707
00:35:44,239 --> 00:35:45,360
Speaker 5: They don't want to pick a.

708
00:35:45,440 --> 00:35:47,960
Speaker 6: Tick off Jamie Diamond though, because he's going to put

709
00:35:47,960 --> 00:35:48,639
twenty million.

710
00:35:48,480 --> 00:35:49,840
Speaker 5: Dollars in their re election campaign.

711
00:35:49,880 --> 00:35:50,199
Speaker 1: Exactly.

712
00:35:50,199 --> 00:35:52,079
Speaker 6: You know what I mean and say you and you

713
00:35:52,119 --> 00:35:53,679
just see it at every turn. You sit there and

714
00:35:53,679 --> 00:35:55,960
you watch, Okay, here's a chance to make the right decision. No,

715
00:35:56,119 --> 00:35:57,000
they do the opposite.

716
00:35:57,039 --> 00:35:59,480
Speaker 1: And look what they're doing now to come for our kids.

717
00:35:59,559 --> 00:36:01,960
This is an another elite move and it's once again

718
00:36:02,039 --> 00:36:04,159
back to our good friends and pharma. Zach and I

719
00:36:04,159 --> 00:36:06,119
will talk about this, and we was speaking of pharma.

720
00:36:06,199 --> 00:36:09,480
Let me make just this promise to you, utter promise.

721
00:36:09,920 --> 00:36:12,960
I've gotten to know the people at renew Healthcare. I

722
00:36:13,000 --> 00:36:15,519
know them well. I consider them now friends. Have been

723
00:36:15,519 --> 00:36:18,360
to Port of arut to Mexico twice. That's two weeks.

724
00:36:18,440 --> 00:36:20,679
I've spent with them hours and hours and hours, had

725
00:36:20,719 --> 00:36:23,559
many many phone conversations with them. I've talked to a

726
00:36:23,639 --> 00:36:26,639
ton of patients who've been there and had things like

727
00:36:26,719 --> 00:36:29,679
Laura lumbar pain. They were told by their surgeon, your

728
00:36:29,880 --> 00:36:33,760
only path to being okay is getting cut open. I

729
00:36:33,840 --> 00:36:36,039
know at least three people have met down there who

730
00:36:36,119 --> 00:36:38,559
came back and said that was not true. I did

731
00:36:38,599 --> 00:36:40,480
not need to be cut open. I went down to

732
00:36:40,519 --> 00:36:43,400
Port of Ourta for about four days I got ethically

733
00:36:43,480 --> 00:36:47,480
gathered stem cells from umbilical cords and polacentas only the

734
00:36:47,519 --> 00:36:51,239
strain of sales I use. Have never ever and charactered

735
00:36:51,239 --> 00:36:53,960
that a modified RNA injections. How do I know? Because

736
00:36:53,960 --> 00:36:57,159
these stem cells were gathered before those were ever induced

737
00:36:57,239 --> 00:37:01,199
to the world. Okay, they couldn't have been touched. When

738
00:37:01,199 --> 00:37:05,119
those stem cells enter the body, they immediately destroy inflammation,

739
00:37:05,679 --> 00:37:08,320
then they build. In the case of these three patients

740
00:37:08,360 --> 00:37:11,280
who had lower lumbar issues, one was a professional golfer

741
00:37:11,360 --> 00:37:14,280
with a career at risk. He's back to playing in

742
00:37:14,320 --> 00:37:18,199
the Masters. Another is a builder who lives in the

743
00:37:18,239 --> 00:37:21,679
North Idaho area with his career at risk. He's back

744
00:37:21,719 --> 00:37:24,880
to modify, going out and monitoring his men and supervising

745
00:37:24,880 --> 00:37:27,400
and doing some of the work himself. And the third

746
00:37:27,480 --> 00:37:30,400
was a woman whose hobby is riding horses. That was

747
00:37:30,480 --> 00:37:33,719
gone for her and then it was back because of

748
00:37:33,760 --> 00:37:35,920
the stem cells. At renew Dot Healthcare, if you're being

749
00:37:35,960 --> 00:37:39,239
told you have to have surgery, pause and decide whether

750
00:37:39,280 --> 00:37:40,599
you really want to go through the risk of being

751
00:37:40,599 --> 00:37:42,800
cut open or if you want to go down and

752
00:37:42,800 --> 00:37:45,800
get this done with a pretty non evasive thing. It's

753
00:37:45,800 --> 00:37:47,920
a needle that I didn't mean feel going to my arm.

754
00:37:48,239 --> 00:37:49,880
In fact, I've got video of v saying wait are

755
00:37:49,880 --> 00:37:52,760
you going to inject it? And the Harvard certified surgeon

756
00:37:52,800 --> 00:37:56,119
who injected me said done. I've done this twice. I

757
00:37:56,159 --> 00:37:58,719
stand by it, and I stand by them. As ethical people.

758
00:37:59,000 --> 00:38:00,760
They will tell you if they can help you or not.

759
00:38:01,559 --> 00:38:05,119
Go to renew dot Healthcare. It's r e n ue

760
00:38:05,400 --> 00:38:07,440
dot Healthcare. Tell me your a member of the podcast

761
00:38:07,519 --> 00:38:10,880
or radio show family, and there you go. Renew dot Healthcare.

762
00:38:11,760 --> 00:38:17,599
Weight loss drug Sachsendra effective for kids as young as six.

763
00:38:17,679 --> 00:38:21,400
Study shows so is a zempic Zach Abraham. They're trying

764
00:38:21,400 --> 00:38:25,559
to get that approved for kids, ozempic and Saxandra to

765
00:38:25,719 --> 00:38:29,079
help kids as low as in age as six go.

766
00:38:29,159 --> 00:38:29,480
Speaker 4: Get this in.

767
00:38:29,599 --> 00:38:31,320
Speaker 1: By the way, one of the guys who's pushing the

768
00:38:31,880 --> 00:38:35,039
the ozempic I had Greg Glassman. We recorded an interview

769
00:38:35,079 --> 00:38:38,239
with Greg's the founder of former CEO of CrossFit. He

770
00:38:38,360 --> 00:38:40,159
shared with me that apparently one of the guys who

771
00:38:40,199 --> 00:38:42,480
did the ozempic push one of the scientists showing how

772
00:38:42,519 --> 00:38:44,119
good this is for kids. You know what else he pushed,

773
00:38:44,800 --> 00:38:48,000
sugar and cereal is better for you than beef. Than

774
00:38:48,039 --> 00:38:51,719
having a steak. Same dude, this stuff.

775
00:38:51,760 --> 00:38:52,000
Speaker 4: Man.

776
00:38:52,039 --> 00:38:54,760
Speaker 1: You work in the era of the area of big business.

777
00:38:54,800 --> 00:38:58,760
You help people invest in companies. You're a fiduciary. This

778
00:38:58,800 --> 00:39:02,280
couldn't be more poison. This are bad for multiple reasons

779
00:39:02,400 --> 00:39:05,679
than these. Number one, telling the kid they're too fat

780
00:39:05,840 --> 00:39:11,000
is going to label them for life. Number two, be mobile,

781
00:39:11,679 --> 00:39:17,679
eat reasonable things, have unstructured play, Get off the stinking devices, right,

782
00:39:18,239 --> 00:39:20,239
don't eat sugar all the time. You're not going to

783
00:39:20,239 --> 00:39:22,639
be heavy ninety nine percent of people. That ninety five

784
00:39:22,639 --> 00:39:24,960
percent of people aren't going to be heavy. Little kids

785
00:39:25,039 --> 00:39:28,000
with their metabolisms can be juiced up by all these activities,

786
00:39:28,360 --> 00:39:30,679
but we're going to shoot them up with these drugs

787
00:39:30,880 --> 00:39:33,119
and pharma companies can do this and sleep at night.

788
00:39:33,400 --> 00:39:37,000
This is unmoored from any any morality. Just a pick

789
00:39:37,000 --> 00:39:40,199
a Bible verse do under the least of these there

790
00:39:40,239 --> 00:39:43,000
you go no, and it's.

791
00:39:42,719 --> 00:39:47,880
Speaker 5: And it's it's it's criminal.

792
00:39:49,440 --> 00:39:52,840
Speaker 6: Because people know the fact that doctors writ large aren't

793
00:39:52,840 --> 00:39:55,920
standing up and saying how ridiculous this is, right, Like

794
00:39:56,639 --> 00:39:59,679
why why stop there? Why not just pat why not.

795
00:39:59,639 --> 00:40:00,480
Speaker 5: Just give it all?

796
00:40:00,559 --> 00:40:04,159
Speaker 6: These kids riddle in that's an appetite suppressant. Right, Wow,

797
00:40:04,320 --> 00:40:07,119
how is this any different? We don't know what the

798
00:40:07,159 --> 00:40:10,079
long term term impacts of it are. This also doesn't

799
00:40:10,119 --> 00:40:12,840
develop good, healthy heat of eating patterns and things.

800
00:40:12,920 --> 00:40:13,199
Speaker 5: Look.

801
00:40:14,239 --> 00:40:17,519
Speaker 6: The unfortunate thing about this, though, is that we, as

802
00:40:17,519 --> 00:40:19,960
a populist but you know, probably not the people listening

803
00:40:19,960 --> 00:40:23,360
to this or you and I, but we as the populace.

804
00:40:23,000 --> 00:40:25,559
Speaker 5: Bear a lot of the responsibility for this, right.

805
00:40:25,360 --> 00:40:30,440
Speaker 6: Because we have consistently abdicated our own responsibilities for the

806
00:40:30,559 --> 00:40:34,400
expediency of government fixes and and for somebody to tell us,

807
00:40:34,559 --> 00:40:38,320
you know, look at society today, right, rather well, big

808
00:40:38,440 --> 00:40:39,039
is beautiful.

809
00:40:39,079 --> 00:40:39,519
Speaker 5: No, it's not.

810
00:40:39,639 --> 00:40:43,519
Speaker 6: It's unhealthy for God's sake. Right, you're a walking heart attack. Hey,

811
00:40:43,840 --> 00:40:46,119
you just are. And if I tell you anything different,

812
00:40:46,159 --> 00:40:48,400
I'm not being kind to you. I'm not being tolerant.

813
00:40:49,000 --> 00:40:53,039
I'm literally I'm lining your casket with velvet padding. Right,

814
00:40:53,039 --> 00:40:56,360
That's what I'm doing. And it's shit, the whole thing is.

815
00:40:56,760 --> 00:40:58,760
But I mean you look at you, look at the

816
00:40:59,519 --> 00:41:01,119
My wife showed me something the other day on a

817
00:41:01,119 --> 00:41:04,159
community forum. Somebody was asking on the community forum what

818
00:41:04,360 --> 00:41:07,320
doctors around here will give children under the age of twelve.

819
00:41:07,360 --> 00:41:10,280
Speaker 5: The COVID shot and when.

820
00:41:10,119 --> 00:41:14,679
Speaker 6: People are this stupid, right, you deserve the government you're

821
00:41:14,719 --> 00:41:16,800
gonna get, So we could constantly blame the.

822
00:41:16,760 --> 00:41:17,480
Speaker 5: Government for it.

823
00:41:17,599 --> 00:41:18,920
Speaker 1: Yeah, which you know, I.

824
00:41:21,199 --> 00:41:24,679
Speaker 6: Obviously have no shortage of blame for them in my

825
00:41:24,760 --> 00:41:26,679
own thinking, in my own you.

826
00:41:26,599 --> 00:41:27,880
Speaker 5: Know, way of looking at the world.

827
00:41:28,119 --> 00:41:30,960
Speaker 6: But at the same time, people need to like, you know,

828
00:41:31,840 --> 00:41:34,039
we're idiocracy. Remember that movie Idiocracy.

829
00:41:34,119 --> 00:41:36,280
Speaker 1: They have seen it, but I know the theory. Yeah,

830
00:41:36,360 --> 00:41:37,280
it's what we are.

831
00:41:37,480 --> 00:41:39,679
Speaker 5: It's it's and I'm not it's not a good family movie.

832
00:41:39,719 --> 00:41:40,280
I'm not saying.

833
00:41:40,400 --> 00:41:41,760
Speaker 6: But for those of you that have a kind of

834
00:41:41,800 --> 00:41:44,159
a darker sense of humor, what's funny?

835
00:41:44,400 --> 00:41:46,679
Speaker 5: What's horrific about it? Not funny?

836
00:41:47,079 --> 00:41:50,159
Speaker 6: Is that what was seen as this kind of you know,

837
00:41:50,719 --> 00:41:55,039
uh lampoon type, you know, silly take on the future.

838
00:41:55,360 --> 00:41:57,320
Go look at it now, Go look at it now,

839
00:41:57,519 --> 00:42:01,280
and and how scary it is to where we're going.

840
00:42:02,119 --> 00:42:05,679
And unfortunately, what enabled that in the movie is the

841
00:42:05,719 --> 00:42:08,159
same thing that's enabling that in society today is just

842
00:42:08,400 --> 00:42:09,599
laziness and stupidity.

843
00:42:10,320 --> 00:42:12,199
Speaker 1: I've seen the clips and how it relates to today,

844
00:42:12,280 --> 00:42:14,599
and I can already tell it spot on. I'm gonna

845
00:42:14,599 --> 00:42:18,079
share something with you when our daughter, so does he

846
00:42:18,119 --> 00:42:20,760
get an eating disorder? And we started to recognize with

847
00:42:20,920 --> 00:42:26,320
deep concern kids when they get these disorders, they're often

848
00:42:26,400 --> 00:42:29,639
a year ahead of the parent, and even understanding how

849
00:42:29,679 --> 00:42:32,079
deep it is, they'll start to share with you things.

850
00:42:32,719 --> 00:42:34,400
You know, my daughter would say, Hey, I can't be

851
00:42:34,480 --> 00:42:38,639
happy until i'm one hundred pounds in Asian. I'm like, well,

852
00:42:38,679 --> 00:42:41,280
the Asian part's going to be hard. Secondly, you're a

853
00:42:41,280 --> 00:42:45,639
competitive athlete and you have an incredibly athletic body, and

854
00:42:45,639 --> 00:42:48,840
one hundred pounds is going to be like maybe kill

855
00:42:48,880 --> 00:42:52,280
you because you're a competitive athlete and very successful at it.

856
00:42:53,119 --> 00:42:56,079
And we'd have these conversations. She was already a year

857
00:42:56,119 --> 00:42:58,880
ahead of me in like, what could I do radically?

858
00:42:59,000 --> 00:43:01,440
I think I should start starving myself for thirty days

859
00:43:01,440 --> 00:43:03,719
as so sorry. She's reading about how to make herself

860
00:43:03,760 --> 00:43:06,280
throw up but not hurt her teeth and not get acne.

861
00:43:06,800 --> 00:43:09,880
She was already a year ahead in these planning. So

862
00:43:10,239 --> 00:43:13,679
she said to me, I had on radio at a

863
00:43:13,719 --> 00:43:17,239
fat loss partner, weight loss partner and great great people,

864
00:43:17,440 --> 00:43:22,039
great people, phenomenally good people. And she knew I did this.

865
00:43:22,239 --> 00:43:23,920
She knew that my wife went through the program she

866
00:43:23,960 --> 00:43:25,280
know I went through the program. She said, I want

867
00:43:25,280 --> 00:43:28,000
to do it, so, honey, you don't.

868
00:43:27,800 --> 00:43:28,320
Speaker 3: Need to do this.

869
00:43:29,280 --> 00:43:31,039
Speaker 1: Please, please, please, you work with these people.

870
00:43:31,079 --> 00:43:31,400
Speaker 5: Please.

871
00:43:32,119 --> 00:43:33,800
Speaker 1: So I called the guy Iran and said, hey, look

872
00:43:33,840 --> 00:43:36,360
here's the deal. Let me send you pictures of my daughter.

873
00:43:36,519 --> 00:43:39,039
And I sent him pictures of her speed skating and

874
00:43:39,119 --> 00:43:41,960
videos of her speed skating. He said, dude, she's a

875
00:43:42,039 --> 00:43:45,239
phenomenal athlete like that. Girl does not need to lose

876
00:43:45,280 --> 00:43:49,400
weight period. I said, look, if I bring her in,

877
00:43:50,599 --> 00:43:53,440
can you have one of the female healthcare providers tell

878
00:43:53,480 --> 00:43:56,920
her that genuinely. So he shared the videos the pictures,

879
00:43:56,960 --> 00:44:00,000
and she called me. She said, Todd, number one, your daughter,

880
00:44:00,159 --> 00:44:04,719
beautiful number two. She's a stunning athlete. I wish I

881
00:44:04,760 --> 00:44:07,800
ever had a body like this when I was at age.

882
00:44:08,039 --> 00:44:11,039
So it took her in. They weighed her on a

883
00:44:11,039 --> 00:44:15,480
body composition scale. She hid her eyes. She was afraid

884
00:44:15,480 --> 00:44:18,039
to see what she weighed because she'd put in her

885
00:44:18,079 --> 00:44:20,599
head that there's a perfect number for a girl her age.

886
00:44:21,280 --> 00:44:25,159
You know what, it was average? She wanted to be average.

887
00:44:25,559 --> 00:44:28,280
They measured her height, She shut her eyes because she

888
00:44:28,320 --> 00:44:33,599
wanted to be average. And they got done and she

889
00:44:33,639 --> 00:44:35,440
sat down with this lady, and I was across the

890
00:44:35,519 --> 00:44:36,920
room and I knew what she was going to say.

891
00:44:36,960 --> 00:44:42,119
She said, you are perfect. Your body is in such

892
00:44:42,159 --> 00:44:45,440
good shape. You don't need to lose any weight at all.

893
00:44:46,559 --> 00:44:50,920
And you really really have a beautiful athletic form, and

894
00:44:51,800 --> 00:44:54,920
I can't recommend any weight loss. I'll give you some

895
00:44:54,960 --> 00:44:56,920
food to take home that you might like. It's super

896
00:44:57,000 --> 00:44:59,719
high protein and very healthy for you. I'll give that

897
00:44:59,719 --> 00:45:02,400
to you, like some snacks and stuff, some protein chips,

898
00:45:02,440 --> 00:45:05,400
and like sweet foods. And oh I love sweet foods.

899
00:45:05,400 --> 00:45:08,079
And so my wife, my daughter left with this bag

900
00:45:08,159 --> 00:45:11,239
of sweet protein bars and some chips and stuff.

901
00:45:12,079 --> 00:45:12,320
Speaker 4: Zach.

902
00:45:12,360 --> 00:45:14,239
Speaker 1: We walked out to the car. We got about five feet.

903
00:45:14,280 --> 00:45:19,199
My daughter started crying. No, she said, I'm not obese.

904
00:45:19,800 --> 00:45:21,639
Speaker 3: Oh yeah, yeah.

905
00:45:21,800 --> 00:45:24,599
Speaker 1: She started to cry. Said no, wait obese. She said,

906
00:45:24,599 --> 00:45:30,199
the b missmobese, the body mass indexeshm obese. Yeah right,

907
00:45:30,320 --> 00:45:35,119
Well what honey, you have been speed skater for six years.

908
00:45:35,119 --> 00:45:38,519
You're naturally wearing speed skater. You have muscle development. Yeah,

909
00:45:38,519 --> 00:45:42,840
you're not normal, right right? I want to be average.

910
00:45:43,920 --> 00:45:44,039
Speaker 4: Hm.

911
00:45:44,639 --> 00:45:47,039
Speaker 1: So part of her desire was to lose the muscle

912
00:45:48,320 --> 00:45:52,800
right to be average, And these vultures come in unmoored

913
00:45:52,800 --> 00:45:56,800
by any form of morality, and they're going to prey

914
00:45:56,880 --> 00:46:01,039
upon the least of these fat kids, heavy kids. And

915
00:46:01,320 --> 00:46:02,519
sometimes that's a stage.

916
00:46:02,559 --> 00:46:02,760
Speaker 4: Man.

917
00:46:02,880 --> 00:46:06,000
Speaker 1: I was a roly poly little goof you know, before

918
00:46:06,000 --> 00:46:07,960
I started to do sports and stuff, I was a

919
00:46:07,960 --> 00:46:13,960
little butter ball and that changed. I Uh, you have

920
00:46:14,000 --> 00:46:17,199
to invest in businesses. That's what you do, is a fiduciary.

921
00:46:19,199 --> 00:46:21,280
But there's got to be a corner of hell for

922
00:46:21,760 --> 00:46:24,079
crony capitals like this who are going to use governments

923
00:46:24,079 --> 00:46:26,079
because you know, once this is prooved for six year olds,

924
00:46:26,280 --> 00:46:27,679
you know it's going to be pushed.

925
00:46:28,079 --> 00:46:30,840
Speaker 6: Oh yeah, no, yeah, I mean well yeah, just like

926
00:46:30,840 --> 00:46:33,760
the COVID vaccine, right, right, And and at the end

927
00:46:33,800 --> 00:46:37,360
of the day, you know, at the end of the day,

928
00:46:37,360 --> 00:46:37,760
it's evil.

929
00:46:37,800 --> 00:46:40,360
Speaker 5: Let's just call it what it is, right, because it's.

930
00:46:40,320 --> 00:46:45,400
Speaker 6: It's it's it's coming in with a you know, I

931
00:46:45,480 --> 00:46:50,519
coach kids, right, and it'd be the equivalent of teaching

932
00:46:50,559 --> 00:46:55,119
these kids workarounds as opposed to teaching them how to

933
00:46:55,199 --> 00:46:57,559
really do something right, how to how to actually get

934
00:46:57,559 --> 00:47:01,920
better at something. And it to me, it's it's it's

935
00:47:01,960 --> 00:47:06,280
all fake, right, it's all counterfeit and you're not really helping.

936
00:47:06,679 --> 00:47:08,679
And then and you look at that, what do all

937
00:47:08,760 --> 00:47:11,039
these reals, What do all these things have in common?

938
00:47:11,119 --> 00:47:11,280
Speaker 5: Right?

939
00:47:11,320 --> 00:47:14,400
Speaker 6: They all result in higher profits and more money for

940
00:47:14,480 --> 00:47:17,320
billionaires and multinational corporations.

941
00:47:17,719 --> 00:47:21,039
Speaker 5: And like the fact that we're even okaying this, it's

942
00:47:21,119 --> 00:47:21,920
it's ridiculous.

943
00:47:23,079 --> 00:47:26,159
Speaker 6: So now we're promoting the starvation of six year old

944
00:47:26,239 --> 00:47:29,119
children because that's what these drugs do, right, they do starvation,

945
00:47:29,639 --> 00:47:33,480
That's what they do, right. And so now we're now

946
00:47:33,519 --> 00:47:37,400
we think that's a good idea. How about we eat

947
00:47:37,440 --> 00:47:41,519
a sensible diet. We put down the remote control, we

948
00:47:41,559 --> 00:47:44,119
put down the video games, and we get out. And

949
00:47:44,440 --> 00:47:48,719
this is the problem that when we start abdicating personal

950
00:47:48,760 --> 00:47:52,840
responsibility to the federal government, they don't answer to you.

951
00:47:53,280 --> 00:47:55,599
Speaker 1: Right, right, And the question is, like with the federal

952
00:47:55,760 --> 00:47:57,800
they don't answer to us, they don't care. It's a

953
00:47:57,920 --> 00:48:01,880
permit procracy. But what I'm looking at is the media

954
00:48:01,880 --> 00:48:05,360
writing about this is approved for six year olds? Study

955
00:48:05,400 --> 00:48:10,239
shows is it a good idea? How about that? And

956
00:48:10,280 --> 00:48:12,199
they take it to and you know, this ends up

957
00:48:12,239 --> 00:48:16,559
in it ends up in Obamacare benefits, It ends up

958
00:48:16,559 --> 00:48:19,119
in Medicare, Medicare benefits, which I know are for older people,

959
00:48:19,800 --> 00:48:22,599
and it's going to be in government school programs. You

960
00:48:22,639 --> 00:48:25,360
watch them pitch just to the schools. You watch them

961
00:48:25,440 --> 00:48:28,280
sell this through well kids stuff. It's going to be

962
00:48:28,320 --> 00:48:30,960
in the schools and they'll be teachers who get a

963
00:48:31,039 --> 00:48:34,000
rake and school districts who get a rake one day.

964
00:48:34,880 --> 00:48:37,519
Just remember this that this this period of time we're

965
00:48:37,519 --> 00:48:41,000
in to us, it seems like everything. Let me ask

966
00:48:41,000 --> 00:48:42,679
you a question, Zach, do you remember the shoes you

967
00:48:42,679 --> 00:48:44,000
wore in your first day of kindergarten?

968
00:48:45,320 --> 00:48:45,760
Speaker 2: Oh?

969
00:48:45,800 --> 00:48:50,719
Speaker 1: Man, probably not now, No, I don't, right, But I

970
00:48:50,760 --> 00:48:53,239
bet you on your first day of kindergarten. I bet

971
00:48:53,280 --> 00:48:56,639
your shoes, your pants, your shirts were a big deal

972
00:48:56,679 --> 00:48:56,880
to you.

973
00:48:57,559 --> 00:49:00,000
Speaker 5: Oh yes. And then when I got home that night

974
00:49:00,079 --> 00:49:03,239
to put the shoes back in the box, right, got to.

975
00:49:03,280 --> 00:49:06,440
Speaker 1: Keep right, so we all had that. I remember my

976
00:49:06,480 --> 00:49:08,400
first day of kindergarten was a place my mom works.

977
00:49:08,440 --> 00:49:11,760
I remember how nervous I was and what a big

978
00:49:11,800 --> 00:49:13,480
deal was, you know, But I don't remember what I

979
00:49:13,599 --> 00:49:15,280
ate that morning. But I'm gonna bet I said, this

980
00:49:15,320 --> 00:49:16,480
is the first day of school. I have to have

981
00:49:16,519 --> 00:49:20,280
the perfect breakfast. This period of time with all of

982
00:49:20,320 --> 00:49:22,960
these companies doing this stuff. This is the most important thing.

983
00:49:23,000 --> 00:49:24,920
We need our kids on these pills and what we're

984
00:49:24,960 --> 00:49:27,119
looking at with this debate and the corruption we've talked

985
00:49:27,119 --> 00:49:31,039
about and the inflation we've talked about, and these dishonest companies.

986
00:49:31,519 --> 00:49:33,480
You know what this is in eternity with the Lord

987
00:49:33,559 --> 00:49:35,599
Jesus and the New having a new Earth. It's a

988
00:49:35,639 --> 00:49:38,519
blip of a blip. It's our kindergarten shoes. When you

989
00:49:38,559 --> 00:49:40,400
and I, brother, we've been in Eternity and the New

990
00:49:40,440 --> 00:49:43,239
having a new Earth for the equivalent of a billion years.

991
00:49:43,360 --> 00:49:45,760
Because we're not going to be years there. You and

992
00:49:45,800 --> 00:49:48,119
I may meet as souls, and I bet you one

993
00:49:48,119 --> 00:49:51,480
thing will never come up. Zach, you remember that debate.

994
00:49:54,239 --> 00:49:57,679
We will be such different beings. Praise God for that.

995
00:49:58,400 --> 00:50:00,440
And I appreciate you coming on always. It's great to

996
00:50:00,440 --> 00:50:03,559
get wise counsel from a good friend. Zach Abraham, Chief

997
00:50:03,599 --> 00:50:05,440
of the desktops for Voth Capital Management. Go to know

998
00:50:05,519 --> 00:50:08,239
your risk grader dot com. Big big show coming up,

999
00:50:08,599 --> 00:50:10,559
current events in your retirement. Go to know your risk

1000
00:50:10,599 --> 00:50:12,199
grader dot Com. I can't say more otherwise have to

1001
00:50:12,280 --> 00:50:15,119
run your disclaimer. We'll leave it that way, brother, Thank

1002
00:50:15,159 --> 00:50:15,639
you very much.

1003
00:50:15,679 --> 00:50:18,000
Speaker 5: Mar Hey fun as always, Thanks for having.

1004
00:50:17,800 --> 00:50:19,840
Speaker 1: Me go with God's good grace. This is the Todd

1005
00:50:19,880 --> 00:50:24,800
Herman Show. Now please do this. Go, be well, be strong,

1006
00:50:24,960 --> 00:50:27,920
be kind, and please make every effort to walk in

1007
00:50:27,920 --> 00:50:28,679
the life of Christ.