1
00:00:00,520 --> 00:00:05,120
Speaker 1: So President Trump got on the Trump Express Trump Force

2
00:00:05,240 --> 00:00:08,560
one and flew to Greenland looking to buy the island.

3
00:00:09,359 --> 00:00:12,679
And this is going to be really, really interesting. It's

4
00:00:12,720 --> 00:00:16,280
been talked about for decades. Is a strategic necessity, both

5
00:00:16,280 --> 00:00:20,079
from a perspective of energy and from the perspective of

6
00:00:20,760 --> 00:00:24,039
well war, and that's something we need to be looking at.

7
00:00:24,239 --> 00:00:26,440
There's a lot to talk about there. Also need to

8
00:00:26,519 --> 00:00:30,000
talk with Zach about the whole H one B visa

9
00:00:30,079 --> 00:00:33,399
program and his view on that. Elon Musk says it

10
00:00:33,399 --> 00:00:36,280
should be expanded, no limits. He's threatened Americans who are

11
00:00:36,320 --> 00:00:40,200
again it. Plus, Zach sees some good news in one

12
00:00:40,200 --> 00:00:42,359
of the people President Trump has brought on board to

13
00:00:42,399 --> 00:00:45,000
advise him on the economy. We'll get started talking about

14
00:00:45,039 --> 00:00:47,640
this with the help of Bulwark Capital Management, No Your Risk, Radio,

15
00:00:47,640 --> 00:00:49,320
dot Com and God Almighty.

16
00:00:51,119 --> 00:00:55,439
Speaker 2: But Todd Herman show is one disapproved by big pharma

17
00:00:55,640 --> 00:01:03,920
technocrats in tyrans everywhere from the hind Mountains of Free America.

18
00:01:05,159 --> 00:01:10,840
Here's the Emerald City exile Todd to her Man.

19
00:01:13,040 --> 00:01:15,480
Speaker 1: Today is a day the Lord has made in These

20
00:01:15,480 --> 00:01:17,719
are the times to which God has decided we shall live.

21
00:01:17,799 --> 00:01:20,959
Zach Abraham, my friend, brother joins me, great to have

22
00:01:21,000 --> 00:01:22,599
you back, Zach. How are you doing.

23
00:01:23,560 --> 00:01:26,319
Speaker 3: Great to be back? Happy twenty twenty five? Man, we

24
00:01:26,400 --> 00:01:29,879
made it, made it, We made it through the dark years.

25
00:01:30,200 --> 00:01:33,239
Speaker 1: Do you think that they're going to try to stop

26
00:01:33,359 --> 00:01:36,560
President Trump from taking office based upon the fourteenth Amendment

27
00:01:36,599 --> 00:01:38,319
that he is a felon and that's why they played

28
00:01:38,400 --> 00:01:42,239
nice during the Electoral College count of votes.

29
00:01:43,120 --> 00:01:45,680
Speaker 3: Not if they're not, Not unless they're even dumber than

30
00:01:45,719 --> 00:01:49,959
I think they are. No. I like they. I think

31
00:01:50,040 --> 00:01:53,040
they know that their tail seems to be put pretty

32
00:01:53,079 --> 00:01:55,599
well between their legs. I mean, you've had a couple

33
00:01:55,680 --> 00:01:59,120
guys out there obloviating about things, but they got their

34
00:01:59,239 --> 00:02:03,040
tails handed to them and they know it. And I

35
00:02:03,079 --> 00:02:06,239
think that the establishment knows that they've gone way too far.

36
00:02:06,840 --> 00:02:09,680
I think that I think the whole DNC knows. They're

37
00:02:09,719 --> 00:02:11,840
not going to say it, but they know that they're

38
00:02:11,879 --> 00:02:16,719
a party off the rails and the way they're currently constructed,

39
00:02:18,199 --> 00:02:22,719
I think they're unelectable, and especially on a national basis.

40
00:02:22,719 --> 00:02:24,919
And you know, look at the margin of victory Trump had.

41
00:02:25,639 --> 00:02:28,240
I'm a big believer that if you redid the election today,

42
00:02:28,280 --> 00:02:30,879
I think he'd win by probably triple the margin of

43
00:02:30,960 --> 00:02:33,759
victory that he did win by, just because there are

44
00:02:33,800 --> 00:02:35,879
so many people I've talked to him, people that were

45
00:02:35,919 --> 00:02:39,879
browbeat into voting for Harris, that were scared. You know,

46
00:02:39,919 --> 00:02:42,360
there's so many of those people, and and there's been

47
00:02:42,400 --> 00:02:44,479
a sort of an awakening where everybody's kind of looking

48
00:02:44,520 --> 00:02:47,439
around and going, wait a second, we outnumber them, you

49
00:02:47,439 --> 00:02:51,199
know what I mean. Yeah, and so so I think,

50
00:02:51,439 --> 00:02:54,719
you know, they might make they I laughed when that

51
00:02:54,840 --> 00:02:58,120
judge stuck with that, you know, I again, maybe he

52
00:02:58,199 --> 00:02:58,520
had to.

53
00:02:59,479 --> 00:03:03,000
Speaker 1: Judge on the conflicted judge, yeah, or over this Stormy

54
00:03:03,080 --> 00:03:03,879
Daniels case.

55
00:03:04,599 --> 00:03:08,439
Speaker 3: Yeah, So I laughed when he tried to go with

56
00:03:08,479 --> 00:03:11,639
that because now I don't know what the deal is.

57
00:03:11,759 --> 00:03:14,280
What my feeling is is that he should and could

58
00:03:14,360 --> 00:03:16,719
just throw it out, correct. I mean he didn't, Oh

59
00:03:16,840 --> 00:03:17,919
he could.

60
00:03:18,199 --> 00:03:20,879
Speaker 1: No, But he made it very clear from the moment

61
00:03:20,919 --> 00:03:23,400
this thing began he intended to hang trup pump on this.

62
00:03:24,000 --> 00:03:27,199
His daughter's a big DNC fundraiser. She's made a gob

63
00:03:27,280 --> 00:03:29,879
of money out of her out of you know, being

64
00:03:29,919 --> 00:03:33,039
mobbed up in that way. Marshaun's conflicted. It's going to

65
00:03:33,080 --> 00:03:34,879
get this is going to get tossed by the Supreme

66
00:03:34,919 --> 00:03:38,080
Court because it had passed the Statute limitations. It was

67
00:03:38,080 --> 00:03:42,039
a misdemeanor made into forty or thirty four felonies. Supreme

68
00:03:42,080 --> 00:03:43,800
Court's going to probably toss it, but they want him

69
00:03:43,840 --> 00:03:44,599
label to felon.

70
00:03:45,479 --> 00:03:47,639
Speaker 3: And again, let me ask you a question about that,

71
00:03:47,800 --> 00:03:50,159
because I've been curious about this from the very beginning

72
00:03:50,159 --> 00:03:52,680
and I've never gotten an answer on it. How in

73
00:03:52,759 --> 00:03:56,240
the world can you prosecute a quote unquote crime that

74
00:03:56,400 --> 00:03:59,039
is outside of the Statute of Limitations. That's the whole

75
00:03:59,039 --> 00:04:01,039
point of the Statute of Limitations.

76
00:04:01,240 --> 00:04:05,039
Speaker 1: When nothing is forbidden, all is allowed. And Alvin Bragg

77
00:04:05,080 --> 00:04:07,280
gets to be a law unto himself. And this is

78
00:04:07,280 --> 00:04:11,000
the thing. Here's what they do. Stop me? Well, that's illegal.

79
00:04:11,080 --> 00:04:11,479
Speaker 3: Stop me.

80
00:04:12,080 --> 00:04:15,080
Speaker 1: What's your enforcement mechanism? Who's going to stop me? Right,

81
00:04:15,159 --> 00:04:19,360
I'm an elected official, this is in my purview. This

82
00:04:19,399 --> 00:04:21,360
is going to go through court reviews. I'm not going

83
00:04:21,399 --> 00:04:24,279
to get punished. Alvium Breg's get punished. It goes up

84
00:04:24,319 --> 00:04:26,639
to the Supreme Court that can say no, this is tossed.

85
00:04:26,920 --> 00:04:28,360
What do they do to Alvin Bragg? Nothing?

86
00:04:29,439 --> 00:04:32,680
Speaker 3: It reminds me of you probably haven't seen it because

87
00:04:33,240 --> 00:04:36,079
you're a better human being than I am. But the

88
00:04:36,079 --> 00:04:38,160
movie The Big Lebowski. Have you ever seen that movie?

89
00:04:38,560 --> 00:04:40,399
Speaker 1: Well, I'm not here to tell you of my better

90
00:04:40,480 --> 00:04:42,120
human being than you, but no, I have never seen

91
00:04:42,160 --> 00:04:44,040
the movie The Big lebow Okay.

92
00:04:44,079 --> 00:04:47,279
Speaker 3: The recautionary tailed everybody out there. I think the movie

93
00:04:47,279 --> 00:04:51,079
has something like three hundred half words like that. Okay,

94
00:04:51,560 --> 00:04:55,959
now that being said. In my college days, it was.

95
00:04:56,079 --> 00:04:58,439
It was one of our favorites, and it's it actually

96
00:04:58,519 --> 00:05:00,560
is a pretty funny movie. But there's a lot there

97
00:05:01,120 --> 00:05:04,680
where the guy freaks out. John Goodman's character freaks out

98
00:05:04,680 --> 00:05:08,600
and he goes, doesn't anybody give a d about the rules?

99
00:05:08,879 --> 00:05:12,360
You know? He's freaking out. And that's the way I

100
00:05:12,360 --> 00:05:17,120
feel when I hear people doing things like this, regardless

101
00:05:17,120 --> 00:05:20,360
of political party. There isn't any political part to it.

102
00:05:20,600 --> 00:05:24,279
But I look at him and I go, Guys, anytime

103
00:05:24,439 --> 00:05:27,480
you attack the rules, you're attacking all of us. You're

104
00:05:27,480 --> 00:05:32,399
attacking yourself. You're degrading the safeguards and checks and balances

105
00:05:32,399 --> 00:05:35,600
that are put into place. How are you so stupid,

106
00:05:35,759 --> 00:05:39,319
feeble minded and immature that you don't grasp that concept

107
00:05:39,639 --> 00:05:44,000
that vanquishing your political foe? There is a cost too

108
00:05:44,000 --> 00:05:46,639
big for that, and the cost that's too big for

109
00:05:46,680 --> 00:05:49,680
that is the violation of constitutional rights.

110
00:05:49,720 --> 00:05:51,279
Speaker 1: Okay, but how do you catch a raccoon?

111
00:05:53,879 --> 00:05:55,240
Speaker 3: Well, I've never taught one.

112
00:05:55,360 --> 00:05:57,240
Speaker 1: But how do you catch a raccoon in a non

113
00:05:57,319 --> 00:05:59,720
lethal way?

114
00:06:01,120 --> 00:06:01,160
Speaker 2: No?

115
00:06:01,319 --> 00:06:03,519
Speaker 3: I don't I put a trap. I don't put a trap.

116
00:06:03,720 --> 00:06:06,720
Speaker 1: The actually pretty simple. You put a shiny thing in

117
00:06:06,800 --> 00:06:10,079
a box with a hole just big enough for a

118
00:06:10,160 --> 00:06:13,439
raccoon to reach in with its with its hand open,

119
00:06:14,079 --> 00:06:17,560
and then it graps, grasps the shiny thing and has

120
00:06:17,600 --> 00:06:20,040
it in its fist, and it will not let go

121
00:06:20,199 --> 00:06:22,399
of the stink and shiny thing. And when you show

122
00:06:22,480 --> 00:06:24,319
up to get the raccoon, it's still going to be

123
00:06:24,399 --> 00:06:25,759
yanking on the cage. I'm not like going to the

124
00:06:26,160 --> 00:06:28,079
you know, it's the precious from the Lord of the rings.

125
00:06:28,560 --> 00:06:30,800
That's where these people are at. They're they're at that

126
00:06:30,800 --> 00:06:33,079
that that precious level. I had a friend of mine

127
00:06:33,079 --> 00:06:36,040
who was a lawyer for is it AB snow? Is

128
00:06:36,079 --> 00:06:37,519
it NBC? Who did Saturday Night Live?

129
00:06:38,600 --> 00:06:40,720
Speaker 3: He was an entertaining It's yeah, I think it's NBC.

130
00:06:41,040 --> 00:06:44,040
Speaker 1: He was an entertainment lawyer and he was a young

131
00:06:44,519 --> 00:06:47,160
guy working in standards and practices. This is what you

132
00:06:47,240 --> 00:06:49,720
can say. Can't say the seven nasty words, you know,

133
00:06:50,480 --> 00:06:53,240
And he got called down to Lorne Michael's office. Lorne

134
00:06:53,240 --> 00:06:56,079
Michaels was the creator and producer of Saturday Night Live.

135
00:06:57,040 --> 00:06:59,519
So Alan goes downstairs. He's this young lawyer with his

136
00:06:59,519 --> 00:07:02,360
young lawyer briefcase mama gave him after a graduated law school.

137
00:07:02,720 --> 00:07:05,360
He introduces himself. Hi, mister Michaels, my name is Alan.

138
00:07:05,360 --> 00:07:07,680
I'm with the Standards in Practice. Oh Alan, pleasure to

139
00:07:07,680 --> 00:07:10,480
meet you. Please, please have a seat. Appreciate what you

140
00:07:10,560 --> 00:07:12,199
do for the company to keep us safe. Please tell

141
00:07:12,199 --> 00:07:14,399
me what you'd have to say. So he goes through

142
00:07:14,399 --> 00:07:18,600
his spiel and Lord Michaels listens very politely and he goes, excellent,

143
00:07:18,720 --> 00:07:21,279
thank you for telling me that. So, as I understand it,

144
00:07:22,000 --> 00:07:24,920
if my show is a flop, nothing you said matters.

145
00:07:26,439 --> 00:07:32,000
And if my show's a raving success, nothing you said matters. Right,

146
00:07:33,759 --> 00:07:42,040
al was like, yeah, but well but but yeah, yeah, yeah, yeah,

147
00:07:42,120 --> 00:07:44,319
you're pretty right. It's the same thing with the law.

148
00:07:44,360 --> 00:07:48,000
Alvin Brag is saying, come and get me. So let's

149
00:07:48,040 --> 00:07:50,000
get into there's I don't know, do you want to

150
00:07:50,000 --> 00:07:52,680
cover the good news about this guy. You think President

151
00:07:52,759 --> 00:07:54,439
Trump's smart to pick first? Or do you want to

152
00:07:54,439 --> 00:07:55,800
talk Greenland. I'm gonna leave it to you.

153
00:07:57,120 --> 00:08:01,399
Speaker 3: Let's talk Trump. Let's talk who's picking first. Because okay, okay,

154
00:08:01,439 --> 00:08:02,800
the Greenland one's a different deal.

155
00:08:02,920 --> 00:08:04,759
Speaker 1: I think that's a good full of conversation. So Zach

156
00:08:04,800 --> 00:08:07,000
and I are recording later than we normally do. We

157
00:08:07,040 --> 00:08:09,519
normally record in the morning, so now I can take

158
00:08:09,600 --> 00:08:11,439
my wisdom and I can do three scoops of this.

159
00:08:11,519 --> 00:08:13,879
You got to add this to your protocol. So this

160
00:08:13,959 --> 00:08:18,000
is a biblical based herbal blend of five or six herbs.

161
00:08:18,680 --> 00:08:21,279
I commuted to detail and what the herbs do and

162
00:08:21,279 --> 00:08:24,879
what they are. But this provides me an incredible sense

163
00:08:24,879 --> 00:08:27,759
of relaxation, and it does something really magical with inflammation.

164
00:08:28,000 --> 00:08:31,120
It turns it into your friend. And we all have inflammation.

165
00:08:31,439 --> 00:08:34,000
You can fight that, and there's natural ways to do this.

166
00:08:34,000 --> 00:08:36,759
This helps harness it on your behalf. It also helps

167
00:08:36,759 --> 00:08:40,519
it the immune system, relaxation, mental clarity, and the story

168
00:08:40,559 --> 00:08:43,600
behind this stuff is incredible. Doctor Patrick chin Temple was

169
00:08:43,639 --> 00:08:46,039
in the Holy Land walking where Jesus walked. He's smelling

170
00:08:46,080 --> 00:08:50,720
all these spices, turmeric and cinnamon and milk thistle and

171
00:08:50,879 --> 00:08:53,600
holy basil, and it's occurring to him that the Bible

172
00:08:53,759 --> 00:08:57,600
really touts herbs and spices. So he started to do

173
00:08:57,639 --> 00:08:59,799
some research on what he would do in an oil

174
00:08:59,799 --> 00:09:03,360
base product, and then he applied scientific rigor. This is

175
00:09:03,399 --> 00:09:06,639
made cold brewed small batches. It's infused with light waves

176
00:09:06,679 --> 00:09:08,879
and sound waves which locks in the potency and you

177
00:09:08,919 --> 00:09:12,120
will taste this. The effect for me is incredible. It's

178
00:09:12,159 --> 00:09:15,639
now a nighttime ritual. My daughter adds it to her coffee.

179
00:09:15,679 --> 00:09:17,879
She loves the taste of it in coffee and it

180
00:09:17,919 --> 00:09:20,559
gives her the coffee boost, but without the jagged edge.

181
00:09:20,879 --> 00:09:22,679
You can benefit from this as well. In fact, you

182
00:09:22,679 --> 00:09:25,679
can try wisdom right now. Go to try wisdomnow dot

183
00:09:25,679 --> 00:09:29,879
com slash todd. That's try wisdomnow dot com slash todd.

184
00:09:30,159 --> 00:09:32,840
You'll get thirty three percent off, You'll get free shipping

185
00:09:32,879 --> 00:09:35,279
at try wisdom noow dot com and you get one

186
00:09:35,360 --> 00:09:38,200
hundred and eighty day money back guarantee. That's try wisdomnow

187
00:09:38,519 --> 00:09:42,200
dot com slash todd. Zach Cabraham's with US chief investment

188
00:09:42,240 --> 00:09:45,360
Officer Bulwark Capital Management and a great friend of the show,

189
00:09:45,440 --> 00:09:48,279
friend and brother. So who's this guy? Stephen Moran, because

190
00:09:48,320 --> 00:09:50,759
you wrote couldn't have picked a better guy to be

191
00:09:50,919 --> 00:09:53,440
on the President's Council of Economic Advisors.

192
00:09:54,159 --> 00:09:58,440
Speaker 3: Yeah, so he Stephenmern is a guy that I bumped

193
00:09:58,759 --> 00:10:02,720
into on Twitter when he had about two thousand followers.

194
00:10:03,480 --> 00:10:05,440
He was pretty new to the deal and he was

195
00:10:05,480 --> 00:10:09,519
just posting some really smart economic analysis. Well I started

196
00:10:09,559 --> 00:10:12,480
digging into the guy and he's a PhD economist from Harvard. Now,

197
00:10:12,600 --> 00:10:19,279
usually when I hear PhD economists from Harvard, I immediately yeah,

198
00:10:19,279 --> 00:10:23,080
that's where that's where the conversation stops, right, And I'm like, no, no, no, no,

199
00:10:23,120 --> 00:10:28,519
you don't understand, sir. I want to make commit So so,

200
00:10:29,159 --> 00:10:33,039
but I was watching him post these things and then

201
00:10:33,120 --> 00:10:35,840
I noticed he started posting information about the fund he

202
00:10:35,919 --> 00:10:42,080
was managing. Well that's a unicorn man u PhD economists

203
00:10:42,080 --> 00:10:45,759
from an Ivy League school who's also a practitioner and

204
00:10:45,840 --> 00:10:49,360
so really sharp guy. So I called him up, got

205
00:10:49,440 --> 00:10:50,879
him on the show. I've had him on the show

206
00:10:50,919 --> 00:10:54,639
I think two or three times now, and he's just

207
00:10:54,679 --> 00:10:58,480
a super smart operator. That is a like I said,

208
00:10:58,519 --> 00:11:03,679
an Ivy League trained economy. But he's recognized the nonsensical

209
00:11:03,720 --> 00:11:06,399
parts of what we're doing. He was brought in by

210
00:11:06,399 --> 00:11:09,279
the Biden administration to help facilitate all of the PPP

211
00:11:09,480 --> 00:11:14,639
loans and get those out to people. Now, he didn't

212
00:11:14,679 --> 00:11:17,559
agree with all of the things the Biden administration did

213
00:11:17,559 --> 00:11:19,320
by any stretch of the imagination.

214
00:11:18,960 --> 00:11:21,799
Speaker 1: Like the pp loans being one hundred billion dollar, two

215
00:11:21,840 --> 00:11:24,080
hundred billion dollar maybe trullion dollar fraud.

216
00:11:24,720 --> 00:11:27,320
Speaker 3: We yeah, with no oversight all the different things that

217
00:11:27,360 --> 00:11:31,159
we know about it now. But you know, he literally

218
00:11:31,240 --> 00:11:33,159
was asked to come in and just help facilitate, so

219
00:11:33,200 --> 00:11:35,720
he didn't have any part of that, and he of

220
00:11:35,759 --> 00:11:38,000
course did it because you know, he's if the country

221
00:11:38,039 --> 00:11:39,399
asked him to do something, he's that kind of guy.

222
00:11:39,440 --> 00:11:40,519
He's going to step up and do it.

223
00:11:40,559 --> 00:11:42,000
Speaker 2: But he is.

224
00:11:42,720 --> 00:11:45,200
Speaker 3: It's so funny. I was shocked to see that he

225
00:11:45,240 --> 00:11:48,639
got appointed to that position, not because he didn't deserve it,

226
00:11:49,200 --> 00:11:52,279
but because when I first interviewed him, I got off

227
00:11:52,320 --> 00:11:54,720
the interview and I thought to myself, this is the

228
00:11:54,799 --> 00:11:57,039
kind of guy we need on the Federal Reserve. This

229
00:11:57,120 --> 00:11:59,480
is the kind of guy we need as a Treasury secretary.

230
00:11:59,720 --> 00:12:01,720
This is the kind of guy we need in Trump's

231
00:12:01,720 --> 00:12:06,600
ear or anybody's ear. Because he understands what the economists

232
00:12:06,600 --> 00:12:09,559
are talking about. But he's a practitioner enough to understand

233
00:12:09,759 --> 00:12:12,279
where the rubber meets the road, right, we all know

234
00:12:12,360 --> 00:12:15,360
that there's and investing is like that, probably more than

235
00:12:15,399 --> 00:12:18,679
any other profession. There is the perception of what it

236
00:12:18,799 --> 00:12:21,960
is and then the reality of doing it is just

237
00:12:22,080 --> 00:12:26,159
completely different. And it's really I don't think that there's

238
00:12:26,200 --> 00:12:31,919
any profession that wanders further away from the textbook definitions

239
00:12:32,519 --> 00:12:38,639
of really any every every practice, every every job, every

240
00:12:38,679 --> 00:12:41,519
profession is like that to a certain degree. But investing

241
00:12:41,639 --> 00:12:46,679
is so much like that. And to have that guy

242
00:12:46,879 --> 00:12:50,039
up there, regardless of who's in Look, that's one of

243
00:12:50,120 --> 00:12:52,720
the things that's got me so excited about. The opportunity

244
00:12:52,759 --> 00:12:55,639
set in front of us of the country is so

245
00:12:55,799 --> 00:12:57,960
many and it's one of the biggest differences with Trump's

246
00:12:57,960 --> 00:13:01,039
administration right now from the first time, which he's just

247
00:13:01,200 --> 00:13:03,440
stuffed it full of these types of people that are

248
00:13:03,440 --> 00:13:07,720
practitioners right as opposed to bureaucrats. And you know, I

249
00:13:07,759 --> 00:13:09,919
don't think I was looking back through it. I don't

250
00:13:09,919 --> 00:13:12,399
think we've ever had a guy in Steven Meren's position

251
00:13:12,759 --> 00:13:18,600
that is more uniquely capable and uniquely skilled Uh, to

252
00:13:18,679 --> 00:13:21,200
do that, to do that position and give the president

253
00:13:21,320 --> 00:13:25,919
really sound advice and and you know, not on not

254
00:13:25,960 --> 00:13:29,799
only that, but I'm also cheer and form because you know, Todd,

255
00:13:29,879 --> 00:13:31,879
you and I are now just one step away from

256
00:13:31,879 --> 00:13:33,120
the big guy, the President.

257
00:13:34,679 --> 00:13:35,879
Speaker 1: I'm two steps you're one.

258
00:13:36,840 --> 00:13:38,639
Speaker 3: Well, I know, but you and I kind of come

259
00:13:38,639 --> 00:13:41,279
as a package deal. So so my point is they're

260
00:13:41,320 --> 00:13:43,039
going to be in a meeting and they're gonna be

261
00:13:43,039 --> 00:13:45,600
discussing some really hard things. And I'm sure Steve's gonna

262
00:13:45,600 --> 00:13:48,000
look at him and say, hey, mister President, I gotta

263
00:13:48,039 --> 00:13:50,159
call I gotta call the best risk manager I know,

264
00:13:50,519 --> 00:13:52,679
and uh, he's gonna bring in his buddy. They're going

265
00:13:52,720 --> 00:13:53,879
to sort this out for you. Now.

266
00:13:53,919 --> 00:13:55,799
Speaker 1: I'll tell you this is this is God's honest truth.

267
00:13:55,840 --> 00:13:58,039
I believe that will happen. I actually believe that you're

268
00:13:58,039 --> 00:14:01,080
going to get that shot. I really do. And remember this.

269
00:14:01,320 --> 00:14:06,120
President Trump retweeted me on the election and election integrity.

270
00:14:06,360 --> 00:14:09,440
They also contacted me. His chief of staff through Russia's

271
00:14:09,480 --> 00:14:12,639
Show contacted Russia's Show and said, who was the guy

272
00:14:13,080 --> 00:14:15,919
who just did one hour breaking down the COVID scandal?

273
00:14:16,240 --> 00:14:18,960
Because I was saying cases, cases, cases.

274
00:14:18,600 --> 00:14:19,279
Speaker 3: I didn't know that.

275
00:14:19,320 --> 00:14:23,080
Speaker 1: I didn't know that this God's truth. They contacted EIB.

276
00:14:23,320 --> 00:14:26,200
We got to get that guy. Can he come and

277
00:14:26,240 --> 00:14:28,639
advise us? That was the best explanation we've ever heard

278
00:14:28,639 --> 00:14:32,279
of what happened with COVID. And they started using my phrase, cases,

279
00:14:32,320 --> 00:14:35,039
cases cases. President Trump started to say cases of what

280
00:14:36,360 --> 00:14:40,440
and I said anytime? And Bo Sndley, yess, James Golden, great,

281
00:14:40,480 --> 00:14:43,360
great man, beautiful human being. Would you be filming willing

282
00:14:43,399 --> 00:14:46,159
to fly back to DC? Absolutely absolutely? I get on

283
00:14:46,200 --> 00:14:49,679
a conference call and would you send them your research papers?

284
00:14:49,720 --> 00:14:51,919
So I sent my research paper the show and the

285
00:14:51,960 --> 00:14:53,960
chief of staff wrote back and said, this is honestly,

286
00:14:54,039 --> 00:14:56,399
this is the best we've ever had, and we're going

287
00:14:56,480 --> 00:14:59,879
to use it. And they started using it, so we are.

288
00:15:00,000 --> 00:15:02,200
That's awesome, right, And man, they're going to come back

289
00:15:02,240 --> 00:15:04,679
on that the technocratic medical front you watch and see.

290
00:15:05,159 --> 00:15:07,399
So now I'm going to work our way down to Greenland.

291
00:15:07,480 --> 00:15:09,039
I saw this and I wanted to check with you

292
00:15:09,039 --> 00:15:11,919
in this because this is fascinating to me. Lena Sheish

293
00:15:12,480 --> 00:15:17,600
posted this economist and commentator as punishment for adopting bitcoin,

294
00:15:17,679 --> 00:15:21,679
El Salvador was pushed near default by the legacy finance world. Today,

295
00:15:21,720 --> 00:15:24,399
bonds are trading above par and credit ratings are upgraded.

296
00:15:24,679 --> 00:15:28,200
No small country challenges a big guy and survives. Normally,

297
00:15:28,720 --> 00:15:31,320
Bitcoin is winning and it has to be true because

298
00:15:31,320 --> 00:15:35,000
she included charts. Therefore it can't be wrong. So I mean,

299
00:15:35,039 --> 00:15:37,519
do you agree with this analysis? Did this actually happen?

300
00:15:38,240 --> 00:15:41,639
Speaker 3: No, it's idionic. What happened in El Salvador? Has they

301
00:15:41,679 --> 00:15:45,240
got crime under wraps? That's the story bit bitcoin has been.

302
00:15:46,519 --> 00:15:48,919
It's helped in some marginal ways. It's been in Hindrance

303
00:15:48,919 --> 00:15:52,080
and others. This is the bitcoin. And look, I want

304
00:15:52,080 --> 00:15:54,200
to reiterate, I do not think it is a bad

305
00:15:54,240 --> 00:15:56,240
idea for you to own a small amount of your

306
00:15:56,279 --> 00:16:01,080
portfolio and bitcoin. Okay, but it is not. And this

307
00:16:01,159 --> 00:16:05,159
is from a guy who philosophically likes bitcoin that owns

308
00:16:05,200 --> 00:16:09,440
some small amount. Okay, I'm not adverse to bitcoin, but

309
00:16:09,720 --> 00:16:12,080
you have to This is this is a perfect example

310
00:16:12,080 --> 00:16:14,200
of what I was talking about about how you know

311
00:16:14,360 --> 00:16:16,840
things look good in a textbook and then investing reality.

312
00:16:16,960 --> 00:16:17,559
Speaker 1: Right yep.

313
00:16:19,279 --> 00:16:22,399
Speaker 3: The one the primary reason, especially listeners on your show,

314
00:16:22,600 --> 00:16:28,559
the primary reason why people again like listeners of your

315
00:16:28,559 --> 00:16:31,960
show like listeners of our show. The reason they like

316
00:16:32,000 --> 00:16:36,200
bitcoin is because it is a pushback, right, It is

317
00:16:36,240 --> 00:16:39,480
the seeding of power. It isn't taking a power back. Okay,

318
00:16:39,559 --> 00:16:42,440
here's the problem. The people that you're taking the power

319
00:16:42,480 --> 00:16:44,159
from have a heck of a lot more of it

320
00:16:44,200 --> 00:16:46,399
than you do, and they've got no interest in giving

321
00:16:46,440 --> 00:16:49,399
it up. Okay, and Trump isn't going to pry it

322
00:16:49,440 --> 00:16:54,360
from their hands. Okay. Trump is advocating for cryptocurrency because

323
00:16:54,440 --> 00:16:56,240
I think he is a free market guy that believes

324
00:16:56,240 --> 00:16:57,799
they should be able to allow to do their thing.

325
00:16:57,960 --> 00:17:00,919
Speaker 1: Well, there's a platform called Twitter Dash which would like

326
00:17:00,960 --> 00:17:01,840
to be a payment.

327
00:17:01,559 --> 00:17:06,319
Speaker 3: Platform, right, there is that right then? And also the

328
00:17:06,359 --> 00:17:09,880
crypto people were a constituency that were kind of left

329
00:17:09,880 --> 00:17:11,440
out in the cold by both parties. So I think

330
00:17:11,480 --> 00:17:14,160
there was also a political motivation for Trump to pull

331
00:17:14,200 --> 00:17:16,359
them in. And it makes sense, right, Like the crypto

332
00:17:16,519 --> 00:17:18,480
guides should be left alone. Let them do their things,

333
00:17:18,559 --> 00:17:20,519
let them innovate, let them issue if people want to

334
00:17:20,519 --> 00:17:23,400
buy their stuff, you know, like people will point out

335
00:17:23,400 --> 00:17:26,200
the ridiculous coins. If you want to go buy a

336
00:17:26,319 --> 00:17:29,400
ridiculous piece of crypto coin that's named after a human

337
00:17:29,640 --> 00:17:32,480
human bodily function, go ahead and do it, but just

338
00:17:32,519 --> 00:17:34,160
don't cry to me when you lose all your money.

339
00:17:34,400 --> 00:17:36,440
Speaker 1: I just saw that. I just and I know the

340
00:17:36,480 --> 00:17:38,119
one you're talking about. I just saw that.

341
00:17:38,880 --> 00:17:45,400
Speaker 3: Yeah, it's wild. So I think that people need to bitcoin,

342
00:17:45,519 --> 00:17:48,240
and I'll keep saying this. Bitcoin will never replace a

343
00:17:48,319 --> 00:17:52,160
major currency because of this deflationary asset. What I mean

344
00:17:52,200 --> 00:17:55,240
by that is what makes it quote, what makes it

345
00:17:55,319 --> 00:17:58,279
theoretically a good store of value is the exact reason

346
00:17:58,279 --> 00:18:01,319
why it can never be a currency replacement. And what

347
00:18:01,359 --> 00:18:04,440
I mean by that is just think. So let's say

348
00:18:04,440 --> 00:18:07,400
we replaced bitcoin ten years ago with the US dollar,

349
00:18:07,680 --> 00:18:09,640
and you went and bought a house ten years ago,

350
00:18:10,039 --> 00:18:12,319
and you bought that house when bitcoin was worth eight

351
00:18:12,319 --> 00:18:15,559
thousand bucks a coin. Okay, so you borrowed the equivalent

352
00:18:15,559 --> 00:18:18,039
amount of bitcoin, and you're paying it back. The problem

353
00:18:18,079 --> 00:18:20,119
is is your job doesn't pay you in bitcoin. It

354
00:18:20,119 --> 00:18:23,039
pays you in dollars. Since then, the price of bitcoin

355
00:18:23,119 --> 00:18:26,119
is up over ten x. So the one point two

356
00:18:26,160 --> 00:18:29,119
million dollar house that you bought ten years ago, you

357
00:18:29,279 --> 00:18:33,480
now owe over ten million on it. Ooh, okay. That

358
00:18:33,720 --> 00:18:38,680
is why bitcoin will never be a major currency. Anybody

359
00:18:38,720 --> 00:18:42,039
that tries to argue opposite of that is either lying

360
00:18:42,079 --> 00:18:44,240
to you or they have no idea what they're talking about.

361
00:18:44,480 --> 00:18:47,920
And it really is that simple. Now here's the catch.

362
00:18:48,200 --> 00:18:50,880
That doesn't mean bitcoin's garbage because you could say the

363
00:18:50,960 --> 00:18:55,480
exact same thing for gold, right, like meaning I would

364
00:18:55,599 --> 00:18:58,039
never ten years ago, it would have been a disaster if

365
00:18:58,039 --> 00:19:00,839
you had denominated your home mortgage in gold too, Right,

366
00:19:00,920 --> 00:19:05,319
Gold's doubled since then. Okay, so I'm not saying that,

367
00:19:05,519 --> 00:19:08,960
but that is why people got off the gold standard.

368
00:19:09,000 --> 00:19:11,119
To think that those same people are going to go

369
00:19:11,160 --> 00:19:14,880
on a more restrictive standard called the bitcoin It's just nonsense,

370
00:19:15,119 --> 00:19:17,079
And it's what people that are trying to drive the

371
00:19:17,119 --> 00:19:19,480
price of bitcoin up are going to tell you. Having

372
00:19:19,599 --> 00:19:22,039
said all that, do I think bitcoin's a scam? No?

373
00:19:22,519 --> 00:19:25,400
Do I think bitcoin could go to a million dollars? Sure?

374
00:19:25,960 --> 00:19:29,000
But why are we not betting big on it? Because

375
00:19:29,000 --> 00:19:31,319
there are no cash flows. It's just a betting sardine.

376
00:19:31,319 --> 00:19:35,359
It's a trading vehicle, bottom line. Like I said, would

377
00:19:35,359 --> 00:19:37,599
it be a bad idea with a portion of your

378
00:19:37,680 --> 00:19:40,119
cash and your portfolio to diversify it with a bit

379
00:19:40,119 --> 00:19:40,680
of bitcoin?

380
00:19:40,920 --> 00:19:40,960
Speaker 2: No?

381
00:19:41,359 --> 00:19:43,759
Speaker 3: Would I go buy any of these other cryptocurrencies? No?

382
00:19:45,039 --> 00:19:47,839
But yeah not a This is what you read as

383
00:19:47,880 --> 00:19:52,160
a classic case of a crypto fired up journalist telling

384
00:19:52,200 --> 00:19:55,640
you three percent of the story. El Salvador had the

385
00:19:55,680 --> 00:19:57,519
highest prime rate of any country on the face of

386
00:19:57,559 --> 00:20:01,119
the earth. Of course, once you get the crime rate

387
00:20:01,240 --> 00:20:05,079
under control, everything is gonna look substantially better. I mean,

388
00:20:05,799 --> 00:20:08,119
the crime rate was like through the bloody roof. I mean,

389
00:20:08,119 --> 00:20:15,640
it's almost as bad as Oakland, almost, Yeah, Chicago light, Okay,

390
00:20:15,720 --> 00:20:17,000
got it? Yeah?

391
00:20:17,200 --> 00:20:19,599
Speaker 1: Yeah, right, all right. So I was starting to think

392
00:20:19,599 --> 00:20:22,839
of the most cynical bitcoin I could. Back in the day,

393
00:20:22,920 --> 00:20:25,519
there was this famous case of a guy who tested

394
00:20:25,519 --> 00:20:29,000
all sorts of different mail in offer ads and ended

395
00:20:29,079 --> 00:20:33,079
up making a million dollars. This was forty years ago.

396
00:20:33,279 --> 00:20:35,119
How old am I? Yeah, this was forty years ago,

397
00:20:35,680 --> 00:20:37,519
and he ended up putting ads and I saw one

398
00:20:37,559 --> 00:20:40,599
I remember this in Rolling Stone magazine and it said

399
00:20:40,720 --> 00:20:44,960
do not send. It was like five dollars to this address.

400
00:20:47,119 --> 00:20:50,960
And there's the address, do not send five dollars. And

401
00:20:51,000 --> 00:20:53,559
people sent him five dollars. People like, you can tell

402
00:20:53,599 --> 00:20:56,960
me what to do. Screw you, bubba Ah said five dollars.

403
00:20:57,200 --> 00:21:03,240
You sent five dollars, I'll send it right, And people did. Wow,

404
00:21:03,240 --> 00:21:06,039
And he's at home with five dollars bills showing up,

405
00:21:06,079 --> 00:21:07,680
and you know, some people are out of curiosity. I

406
00:21:07,759 --> 00:21:10,319
wonder what happened if I do send five it's five bucks.

407
00:21:10,359 --> 00:21:13,119
Who cares I'm sending five bucks. He's probably gonna send

408
00:21:13,119 --> 00:21:16,200
me something back. And he made and this is again

409
00:21:16,240 --> 00:21:20,160
forty years ago, like a million bucks. And yeah, and

410
00:21:20,200 --> 00:21:22,480
then the Feds came at him, like, you're committing mail fraud.

411
00:21:22,680 --> 00:21:25,599
How how you're not returning up the products?

412
00:21:25,640 --> 00:21:25,799
Speaker 2: Right?

413
00:21:26,200 --> 00:21:28,039
Speaker 1: This is it's a pyramid scheme. No, it's not. I'm

414
00:21:28,039 --> 00:21:30,440
not passing this on. You're not offering a product. I

415
00:21:30,480 --> 00:21:32,119
didn't say I would. I said, don't send it.

416
00:21:33,039 --> 00:21:36,240
Speaker 3: And he lost. Course he lost.

417
00:21:36,400 --> 00:21:39,799
Speaker 1: They took his money. They just made up a reason.

418
00:21:40,160 --> 00:21:44,359
So I was thinking, you can't buy it coin. Hey, listen,

419
00:21:44,440 --> 00:21:47,400
this is a very exclusive coin. We'll fill out an application,

420
00:21:47,559 --> 00:21:49,640
we'll see if we like you. We need to see

421
00:21:49,680 --> 00:21:51,880
if you have enough social cred So that was cynical.

422
00:21:51,920 --> 00:21:54,240
But then I just sat this. Locate this in a

423
00:21:54,240 --> 00:21:56,599
country where there's no racial discrimination laws and have a

424
00:21:56,599 --> 00:21:58,759
blacks only coin, the bipop coin.

425
00:22:00,440 --> 00:22:03,400
Speaker 3: You know what, you could probably could probably you could

426
00:22:03,440 --> 00:22:06,799
probably launch one in the United States. We're going to

427
00:22:06,839 --> 00:22:07,720
say anything about that.

428
00:22:07,640 --> 00:22:12,160
Speaker 1: A white guilt coin, you as a white person, purchase it,

429
00:22:13,119 --> 00:22:15,200
but the ownership goes to a bypark.

430
00:22:16,279 --> 00:22:19,720
Speaker 3: And then and then you set up the corporation that

431
00:22:19,799 --> 00:22:24,240
makes the coin, and you say for every coin you

432
00:22:24,400 --> 00:22:27,519
spin a certain amount of the revenue somehow back to

433
00:22:27,640 --> 00:22:33,480
like black Lives Matter exactly exactly. Hey, we're on to something.

434
00:22:33,599 --> 00:22:39,079
We gotta flush this whole investment broadcast podcast deal. We're

435
00:22:39,119 --> 00:22:39,680
on to something here.

436
00:22:40,160 --> 00:22:43,640
Speaker 1: Get your guy, uh, get your guy uh Marin back

437
00:22:43,720 --> 00:22:45,200
on the phone, and we'll put this in front of

438
00:22:45,240 --> 00:22:47,480
President Trump. That'd be a way to get absolutely all right,

439
00:22:47,960 --> 00:22:49,759
talk about Greenland here in a second, because this gets

440
00:22:49,759 --> 00:22:51,519
into this. We talk about l savaldor now you have

441
00:22:51,599 --> 00:22:54,359
cost god to talk about Greenland. Hey, our friends at

442
00:22:54,359 --> 00:22:56,920
Boptimizers have done something I didn't expect them to do,

443
00:22:57,079 --> 00:23:01,279
because why do it. They've actually reformed related Magnesian Breakthrough,

444
00:23:01,319 --> 00:23:03,640
which is a world class product in of its own.

445
00:23:04,160 --> 00:23:07,960
So Magnesian Breakthrough is a product that is seven forms

446
00:23:08,000 --> 00:23:12,039
of magnesium, all of it's organic, all of it's full spectrum.

447
00:23:12,079 --> 00:23:14,359
It adds up to being full spectrum. You can't get

448
00:23:14,440 --> 00:23:17,839
this at the Chinamarts. Go buy all the magnesium and

449
00:23:17,880 --> 00:23:20,640
all the China arts and you can't get magnesium breakthrough.

450
00:23:21,160 --> 00:23:25,039
They reformulated it so it is more quickly dissolved in

451
00:23:25,079 --> 00:23:28,839
your body and therefore it has higher absorption. And the

452
00:23:28,960 --> 00:23:32,519
benefits for this range from better sleep, to hormonal balance,

453
00:23:32,599 --> 00:23:37,480
to stress management, better digestion, sleep quality, and the sleep

454
00:23:37,559 --> 00:23:39,839
quality part I've talked about. I haven't really talked about

455
00:23:39,880 --> 00:23:44,799
the stress management. So the stress hormone cortisol is what

456
00:23:45,119 --> 00:23:47,599
makes you feel stress, or if your body should feel stressed,

457
00:23:47,599 --> 00:23:51,200
it's produced. Cortisol has another nasty side effect though, It

458
00:23:51,319 --> 00:23:55,039
causes your body to store fat. Right, it just locks

459
00:23:55,079 --> 00:23:58,240
into fact because your body thinks it's in fight or flight. Now,

460
00:23:58,319 --> 00:24:01,319
I use magnesium Breakthrough as a sleep paid primarily, but

461
00:24:01,400 --> 00:24:03,519
I also use it to help control stress. You can

462
00:24:03,559 --> 00:24:06,759
take this throughout the day. It can help you feel

463
00:24:06,920 --> 00:24:10,960
calm and relaxed. And again it's full spectrum. Most people

464
00:24:11,000 --> 00:24:13,680
are short on magnesium. Eighty percent of Americans are, So

465
00:24:13,839 --> 00:24:17,200
take action. Go to boptimizers dot com, slash todd now

466
00:24:17,400 --> 00:24:19,720
and enter promo code todd to get tempercent off any order.

467
00:24:19,720 --> 00:24:23,319
Then remember this when you subscribe to get the products

468
00:24:23,319 --> 00:24:25,759
sent to you automatically. All the Boptimizer's products. You don't

469
00:24:25,759 --> 00:24:29,119
just get amazing discounts and free gifts, you are guaranteed

470
00:24:29,400 --> 00:24:33,599
to not miss out under shipments. Again, that's boptimizers dot

471
00:24:33,640 --> 00:24:36,680
com slash Todd promo code Todd, so Zach. Because you

472
00:24:36,680 --> 00:24:38,519
and I sat down to record this, President Trump was

473
00:24:38,599 --> 00:24:41,079
on his way or it actually had already landed in

474
00:24:41,240 --> 00:24:46,000
Greenland with an intention. I mean they're saying buy the island.

475
00:24:46,039 --> 00:24:48,559
I'm sure there'd be you know, some money that changes hands.

476
00:24:48,920 --> 00:24:51,640
We'd be you know, agreeing to protect the island, et cetera.

477
00:24:51,680 --> 00:24:53,960
I don't think we'd be acquiring island. Maybe we would

478
00:24:54,240 --> 00:24:56,559
maybe intends to buy the island. Therefore, then I guess

479
00:24:56,599 --> 00:24:59,759
Greenland becomes a territory or a state. This has been

480
00:24:59,799 --> 00:25:05,200
taughtked about forever in terms of military strategic importance. But

481
00:25:05,319 --> 00:25:07,640
this is the way. A guy named Rob or Robin

482
00:25:07,720 --> 00:25:10,079
Minatu wrote this up. This is interesting to me. Trump

483
00:25:10,240 --> 00:25:12,759
was scrambling for resources because he knows when the tech

484
00:25:12,880 --> 00:25:16,640
Ai bitcoin bubble bursts soon, the only countries left standing

485
00:25:16,680 --> 00:25:20,039
will be those with gold minerals and energy. I don't

486
00:25:20,079 --> 00:25:21,640
know that I buy that, and that we have a

487
00:25:21,799 --> 00:25:24,400
good fair bit of energy in our dirt here, so

488
00:25:24,519 --> 00:25:26,160
do not necessarily buy that. But what do you think

489
00:25:26,200 --> 00:25:27,920
of him going out and purchasing countries?

490
00:25:30,039 --> 00:25:32,279
Speaker 3: Let me let me comment on the journalism. For I

491
00:25:32,359 --> 00:25:35,640
am so I am so tired of shoddy, ridiculous, lazy,

492
00:25:35,759 --> 00:25:43,960
nonsensical and uninformed journalism takes it's it's yeah, it's just you.

493
00:25:44,200 --> 00:25:45,839
You do this all the time, and I think you've

494
00:25:45,880 --> 00:25:48,960
done a great job of it. And quite honestly, I've emulated.

495
00:25:49,000 --> 00:25:51,559
I mean, I believed in it beforehand, but I've emulated

496
00:25:51,680 --> 00:25:54,559
watching you do the show. Anytime I get out there

497
00:25:54,599 --> 00:25:56,480
to talk on a show, or even when I tweet something.

498
00:25:57,160 --> 00:25:59,119
It's not that I can't be wrong. I've been wrong

499
00:25:59,400 --> 00:26:01,640
and when I'll come out in a minute, but I

500
00:26:01,759 --> 00:26:05,119
feel a certain pressure and a certain responsibility to get

501
00:26:05,160 --> 00:26:07,640
it right right. People are listening to you. You're talking

502
00:26:07,680 --> 00:26:09,880
out there in the public forum. Whatever you say is

503
00:26:09,920 --> 00:26:12,640
going to live on forever, and with that comes a pressure,

504
00:26:14,039 --> 00:26:16,640
and not even really self imposed. It's just you don't

505
00:26:16,640 --> 00:26:18,279
want to be an idiot. You don't want to be wrong,

506
00:26:18,400 --> 00:26:20,319
you don't want to talk out of your backside, and

507
00:26:20,519 --> 00:26:24,279
and it taught It amazes me how many people are

508
00:26:24,400 --> 00:26:30,279
not encumbered I those feelings. They just launched their nonsense

509
00:26:30,319 --> 00:26:35,519
out there. So anyway that the guy's quote that was

510
00:26:35,759 --> 00:26:42,200
saying that just irritated me. Nonstock, I couldn't tell well, right.

511
00:26:42,880 --> 00:26:44,880
Speaker 1: Because you're looking at the island of Greenland, and I

512
00:26:44,960 --> 00:26:47,400
wanted to say, dude, have you seen the footprint of

513
00:26:47,440 --> 00:26:49,599
the United States of America. You don't think we have

514
00:26:49,759 --> 00:26:52,240
gold and oil and resources in the ground. We need

515
00:26:52,319 --> 00:26:54,799
that little island for this. What we need it for

516
00:26:55,200 --> 00:27:00,759
is military strategy, tactics, for shipping lanes. There's there's other

517
00:27:00,839 --> 00:27:02,640
reasons to have it, but this has been talked about

518
00:27:02,680 --> 00:27:05,720
from that perspective forever. It's a launch post. It's a

519
00:27:05,759 --> 00:27:09,119
place to build military bases, which the military industrial complex

520
00:27:09,160 --> 00:27:12,200
would love. I guess I look at President Trump.

521
00:27:13,000 --> 00:27:16,960
Speaker 3: I mean, we are floating on an ocean of oil

522
00:27:17,000 --> 00:27:18,920
and natural gas. The idea that we need to go

523
00:27:19,160 --> 00:27:21,680
somewhere else to get it again, I'm sorry, I don't

524
00:27:21,680 --> 00:27:24,960
need to derail it. I just sometimes the idiocy and

525
00:27:25,000 --> 00:27:27,079
the lack of thought that people put into the things

526
00:27:27,119 --> 00:27:30,480
they say it just gets to me. Right, Yeah, Now,

527
00:27:30,759 --> 00:27:36,519
what the strategic importance of it is? Really One of

528
00:27:36,559 --> 00:27:39,039
the questions I would ask Trump is if you know,

529
00:27:39,160 --> 00:27:43,319
you make You've made several statements that I don't disagree with,

530
00:27:44,519 --> 00:27:51,039
challenging the efficacy of NATO. Those seem to be conflicting

531
00:27:51,119 --> 00:27:53,440
statements to me. If you're gonna if you're going to

532
00:27:53,880 --> 00:27:56,279
question the efficacy of NATO, what do you need to

533
00:27:56,319 --> 00:27:57,319
take over Greenland for?

534
00:27:58,839 --> 00:27:59,039
Speaker 2: Yeah?

535
00:27:59,160 --> 00:28:00,559
Speaker 1: Fair enough, you know what I mean.

536
00:28:00,599 --> 00:28:04,119
Speaker 3: I mean, I mean, because what is the strategic importance

537
00:28:04,160 --> 00:28:10,720
of Greenland? Effectively? At this point? It's easy access to Russia, right, Like,

538
00:28:11,440 --> 00:28:15,039
that's sort of the spot. So I mean, I don't

539
00:28:15,039 --> 00:28:16,839
think it'd be a bad thing for US. I mean,

540
00:28:16,920 --> 00:28:19,640
says take over Greenland, but it's but that's good.

541
00:28:19,480 --> 00:28:21,039
Speaker 1: For Trump because he works for Putin. So it's a

542
00:28:21,079 --> 00:28:24,319
quick flight, that's true. And they can grow out together

543
00:28:24,400 --> 00:28:27,000
more easily, right and they can go lift and run

544
00:28:27,079 --> 00:28:29,200
and stuff, and you know, play golf and ride horses.

545
00:28:29,279 --> 00:28:33,319
So so maybe that's that's Trump. Then he made this statement,

546
00:28:33,440 --> 00:28:36,599
and this is this is beyond stupid that talking about

547
00:28:36,720 --> 00:28:40,880
acquiring Canada. Do you want Canadians voting in American elections?

548
00:28:41,839 --> 00:28:45,039
Speaker 3: No? And do I care if the Gulf of Mexico

549
00:28:45,200 --> 00:28:47,359
is called the Gulf of Mexico as opposed to the

550
00:28:47,440 --> 00:28:48,200
Gulf of America.

551
00:28:48,279 --> 00:28:48,960
Speaker 1: Gulf of America.

552
00:28:49,720 --> 00:28:51,680
Speaker 3: I heard that today, Todd and I sat there and

553
00:28:51,759 --> 00:28:55,720
I went, Guys, this is the equivalent of arguing about

554
00:28:55,759 --> 00:28:57,880
the color of the drapes when the house is on fire.

555
00:28:58,039 --> 00:29:01,400
Speaker 1: And maybe it's the people love to believe with President

556
00:29:01,440 --> 00:29:04,200
Trump that it's three layer chests, multi layer, seven layer chess.

557
00:29:04,279 --> 00:29:06,640
Maybe it is. Maybe he's saying, hey, you know what,

558
00:29:06,759 --> 00:29:08,640
I'm gonna have the press focus and the outrage of

559
00:29:08,720 --> 00:29:10,880
calling it the Gulf of America. I'm gonna have them

560
00:29:10,880 --> 00:29:14,359
focusing on Greenland. Meanwhile, my nominees are going to be

561
00:29:14,400 --> 00:29:17,559
going through the process. Meanwhile, this court case is happening,

562
00:29:17,759 --> 00:29:19,400
and I'm not going to give them the oxygen. They're

563
00:29:19,440 --> 00:29:21,279
gonna have to spend their time with me in Greenland

564
00:29:21,319 --> 00:29:23,599
and saying that I'm going to purchase Canada. You know,

565
00:29:23,960 --> 00:29:27,599
he's a brilliant man at controlling the news cycle. Maybe

566
00:29:27,759 --> 00:29:29,960
it has to do with this visa thing. And I

567
00:29:30,079 --> 00:29:33,200
have got to get your download on this because man

568
00:29:33,319 --> 00:29:37,640
Elon Musk flipped his ever love and skull and in fact,

569
00:29:37,720 --> 00:29:40,480
in my judgment and according to people who it happened to,

570
00:29:40,599 --> 00:29:44,599
like Elijah Shaeffer, when they started criticizing his position on

571
00:29:44,640 --> 00:29:48,920
the H one B visa program, they got their accounts

572
00:29:49,000 --> 00:29:54,359
basically destroyed, their Twitter accounts demonetized. There's subscriptions taken away.

573
00:29:54,799 --> 00:29:57,079
Their reach is gone. Elijah Shaeffer used to go out

574
00:29:57,160 --> 00:29:58,839
and he'd work for Glenn Beck for a time, and

575
00:29:59,480 --> 00:30:03,160
now he sort of independent, and he'd regularly receive nine

576
00:30:03,279 --> 00:30:06,000
thousand likes on something. Now he's lucky to get four

577
00:30:06,119 --> 00:30:09,640
or five. And it's very, very obvious that this is

578
00:30:09,720 --> 00:30:12,799
algorithmically attacking him. So in a second, I want to

579
00:30:12,799 --> 00:30:15,240
get your opinion on this, because Elon Musk also said

580
00:30:16,359 --> 00:30:19,319
Americans who are against the HB one visa program can

581
00:30:19,400 --> 00:30:24,720
blank themselves in the face making a sexual reference, and

582
00:30:24,960 --> 00:30:28,079
that he will go to war, He'll go to the

583
00:30:28,279 --> 00:30:30,759
what did he a hellish war the likes of which

584
00:30:30,759 --> 00:30:34,240
you've never seen, to defend access to this program. So

585
00:30:34,279 --> 00:30:36,240
we'll talk about this in a second with Zach Abraham.

586
00:30:36,680 --> 00:30:38,960
And look, there's a reason that some people need to employ,

587
00:30:39,119 --> 00:30:41,440
you know, people that they can afford. Then there's other

588
00:30:41,480 --> 00:30:45,119
people for whom some things other than that cost are

589
00:30:45,200 --> 00:30:48,799
more important. Mike Lindell is this Mike Lindell could be

590
00:30:48,960 --> 00:30:53,039
building his pillows in China. Easy enough, he's sophisticated enough,

591
00:30:53,079 --> 00:30:55,119
he's got a big enough footprint, he's got the lobbyist,

592
00:30:55,160 --> 00:30:57,559
he's got the state department contacts. He could make that happen,

593
00:30:57,880 --> 00:31:01,200
he refuses. Those pillows are still made in the same

594
00:31:01,279 --> 00:31:05,200
small town where Mike Lindell embarrassed himself as an alcoholic

595
00:31:05,279 --> 00:31:06,799
and a drug addict and a guy who is surf

596
00:31:06,880 --> 00:31:12,359
couching on people's couches. And he couldn't sleep. He couldn't sleep.

597
00:31:12,400 --> 00:31:14,960
What a waste I've made of my life? Couldn't sleep.

598
00:31:15,119 --> 00:31:17,400
And God woke them up and said, I got a

599
00:31:17,480 --> 00:31:19,880
job for you, going to help people sleep. That's how

600
00:31:19,920 --> 00:31:22,279
my pillows started. And I talked to him about this.

601
00:31:22,400 --> 00:31:24,319
And when I'd heard this, I thought, oh, that's a

602
00:31:24,400 --> 00:31:27,000
great line man, that's a great myth. He's built around himself.

603
00:31:27,319 --> 00:31:29,119
But I had him on the radio show and the

604
00:31:29,200 --> 00:31:31,279
dude was starting to cry as he told this, sir,

605
00:31:31,400 --> 00:31:34,039
this is real. So Mike Pillow is built in these

606
00:31:34,079 --> 00:31:36,480
small towns. And if you've tried the pills then you

607
00:31:36,519 --> 00:31:38,640
think they're a joke. I'm here to tell you they're not,

608
00:31:39,680 --> 00:31:41,680
because I got my first one about ten years ago.

609
00:31:41,759 --> 00:31:44,680
I still have it. I can wash it any time

610
00:31:44,759 --> 00:31:47,000
I want, and it puffs back up. It is not dirty,

611
00:31:47,039 --> 00:31:49,279
it doesn't have the mites in it. These things are

612
00:31:49,480 --> 00:31:52,519
nearly indestructible, and Mike has given us the lowest price

613
00:31:52,599 --> 00:31:55,559
that has ever existed, plus a ten year warranty extended

614
00:31:55,599 --> 00:31:59,640
money back guarantee on the classic My Pillows fourteen eighty eight,

615
00:32:00,000 --> 00:32:03,640
the lowest price they've ever seen. They're body pillows, same structure,

616
00:32:03,720 --> 00:32:06,440
same washability twenty nine eighty eight. So go to my

617
00:32:06,519 --> 00:32:08,759
Pillow dot com slash Todd. Use promo code Todd. You

618
00:32:08,799 --> 00:32:10,759
get the standard my Pillow for only fourteen eighty eight,

619
00:32:10,799 --> 00:32:14,000
the lowest price ever. Use promo code Todd for discounts

620
00:32:14,039 --> 00:32:17,000
on the entire my Pedlot collection. Grab a gift of

621
00:32:17,079 --> 00:32:18,920
sleep for yourself, give it to someone who might be

622
00:32:18,960 --> 00:32:21,599
in the military barracks or college dorm. It's my Pillow

623
00:32:21,680 --> 00:32:24,640
dot com slash Todd. Zach Cabram's with this chief from

624
00:32:24,640 --> 00:32:27,359
disk officer Bold Capital Management. You heard him references radio

625
00:32:27,440 --> 00:32:29,640
show and podcasts. That's at Know your Riskgrader dot com.

626
00:32:29,720 --> 00:32:32,400
It's stellar, It's so well done. I remember back in

627
00:32:32,480 --> 00:32:34,559
the day, young Feller, you came into the radio station

628
00:32:34,640 --> 00:32:36,799
for your first time. You was green and skewed.

629
00:32:37,759 --> 00:32:40,400
Speaker 3: Yeah, I know, man, that seems like it's funny. I

630
00:32:40,559 --> 00:32:43,200
was talking about some friends with that over the over

631
00:32:43,240 --> 00:32:47,680
the holidays and they were asking me and yeah, I

632
00:32:48,480 --> 00:32:51,640
when I did that first show, we had one employee

633
00:32:52,200 --> 00:32:54,039
and I was driving up to I was driving to

634
00:32:54,200 --> 00:32:57,440
the studio every every Friday. Yeah, and now you know,

635
00:32:57,559 --> 00:33:00,759
now we've got seventeen employees and man, it's close to

636
00:33:00,839 --> 00:33:04,240
a billion dollars. And God's just been Man, God's been

637
00:33:04,319 --> 00:33:06,279
so good. It's been been a crazy run.

638
00:33:06,799 --> 00:33:09,799
Speaker 1: I remember the first time that I spoke in a

639
00:33:09,960 --> 00:33:14,039
in a professional setting. My friend Maury, his dad owned

640
00:33:14,079 --> 00:33:20,359
the racetrack of Fairgrounds Speedway in Spokane, and their announcer

641
00:33:20,440 --> 00:33:22,839
got sick at the last minute couldn't come in. They

642
00:33:22,839 --> 00:33:24,680
didn't know what they were going to do, and Maury

643
00:33:24,720 --> 00:33:27,480
said to his dad, Chuck, let Todd do it. Todd

644
00:33:27,559 --> 00:33:30,079
knows all the drivers. He's been coming here since he's

645
00:33:30,079 --> 00:33:33,400
five years old. He races quarter midgets. His dad has

646
00:33:33,440 --> 00:33:35,400
been on pit crews of some of the top drivers.

647
00:33:36,759 --> 00:33:39,200
All the drivers know him. I think I was in

648
00:33:39,279 --> 00:33:42,599
junior high. I think I was in seventh grade and

649
00:33:42,720 --> 00:33:44,759
so I go up into the stands. There's a couple

650
00:33:44,839 --> 00:33:46,960
thousand people in the stands, and I just started doing

651
00:33:47,000 --> 00:33:50,880
the announcing and I'm super comfortable. God just didn't give

652
00:33:50,960 --> 00:33:53,319
me the fear of the stage, right, he just yeah,

653
00:33:53,599 --> 00:33:56,039
I'm cool. So this all went really, really well. And

654
00:33:56,119 --> 00:33:58,279
I was doing the ads because they'd hand me a

655
00:33:58,319 --> 00:33:59,799
piece of paper, Hey the snack bart did you to

656
00:33:59,839 --> 00:34:01,799
say this? Hey, we got a special on hot dogs

657
00:34:01,839 --> 00:34:04,279
down sound at the downstairs at the snack bar, seventy

658
00:34:04,400 --> 00:34:07,759
nine ballers for a delicious, right delicious hot dogs. German

659
00:34:07,799 --> 00:34:09,719
sasage is ninety nine. Make sure you put the mustard

660
00:34:09,760 --> 00:34:13,159
on that. And then they hand me copy and it says,

661
00:34:13,440 --> 00:34:15,199
right now, we've got a special in the Miller Highlight

662
00:34:15,280 --> 00:34:17,679
Beers cold beer on a hot summer day. I'm having

663
00:34:17,719 --> 00:34:19,079
one right now and it's delicious.

664
00:34:19,719 --> 00:34:22,840
Speaker 3: And the entire thousand people.

665
00:34:22,760 --> 00:34:25,719
Speaker 1: Turn around, crane in their necks. At a seventh grade

666
00:34:26,840 --> 00:34:30,280
and the lady next to me slapped the beer out

667
00:34:30,280 --> 00:34:31,800
of my hand and it was a glass of beer.

668
00:34:31,920 --> 00:34:33,559
She slapped on them. What are you doing?

669
00:34:34,280 --> 00:34:37,639
Speaker 3: You just put me with that? What was that? Did

670
00:34:37,719 --> 00:34:41,519
you do? You remember your first radio show you ever did? Absolutely, Yeah,

671
00:34:41,840 --> 00:34:43,800
how did you feel about it? What did you think?

672
00:34:43,920 --> 00:34:43,960
Speaker 2: Like?

673
00:34:44,920 --> 00:34:47,679
Speaker 1: Okay, So the first professional radio show I did that

674
00:34:47,800 --> 00:34:50,760
had my name on it was different than the first

675
00:34:50,840 --> 00:34:52,880
radio show I did. The first radio show I did

676
00:34:53,719 --> 00:34:58,119
my godfather in exchange for us not suing him for

677
00:34:58,239 --> 00:35:01,840
stealing our radio clips. Because my friend Matthew and I

678
00:35:02,559 --> 00:35:05,320
my my best friend's in seventh grade, we made fake

679
00:35:05,440 --> 00:35:07,719
radio shows in his bedroom on a multi track recorder.

680
00:35:08,440 --> 00:35:10,079
Speaker 3: So yep, it was.

681
00:35:10,440 --> 00:35:13,920
Speaker 1: My nickname was Rhino and his was Pink, like Pink Floyd.

682
00:35:14,559 --> 00:35:16,360
And so we did this, and we did this radio

683
00:35:16,360 --> 00:35:19,880
show where we'd bring in cuts from movies and television

684
00:35:19,960 --> 00:35:24,199
shows in between our conversation. We created parodies based on

685
00:35:24,320 --> 00:35:27,320
that and tight cuts. Everything was a tight cut. We'd

686
00:35:27,440 --> 00:35:31,519
manically edit this stuff. This just so, the Rhino and

687
00:35:31,719 --> 00:35:37,199
Pink midnight radio and all sorts of overlays of sounds

688
00:35:37,239 --> 00:35:40,559
of different, you know, different go ahead, punk, make my day,

689
00:35:40,599 --> 00:35:44,239
and then something from Star Wars Luke, I'm your father, Boom,

690
00:35:44,440 --> 00:35:48,519
the Rhino and Pink. So one day Matthew calls me

691
00:35:48,559 --> 00:35:51,920
at home, you gotta come over. What's going on? My

692
00:35:52,039 --> 00:35:54,360
dad's ripping us off. You gotta, you gotta come over.

693
00:35:55,199 --> 00:35:58,400
His dad was a radio legend, so I'm like, you're

694
00:35:58,480 --> 00:36:01,199
dad's ripping us off. His dad helped starting Dick Clark Productions,

695
00:36:01,199 --> 00:36:06,039
which became BP and Me, which became Gosh for a

696
00:36:06,039 --> 00:36:09,920
whole bunch of iterations of companies. It's basically now the

697
00:36:09,960 --> 00:36:12,039
biggest rated company in the world. It was Clear Channel,

698
00:36:12,119 --> 00:36:13,719
now it's iHeart.

699
00:36:14,079 --> 00:36:14,880
Speaker 3: So that was he was.

700
00:36:14,960 --> 00:36:17,400
Speaker 1: He was at this, so he was he was a legend,

701
00:36:18,159 --> 00:36:20,360
and so okay, I'll drive over. So I drive over,

702
00:36:21,320 --> 00:36:22,639
and we're going to just better me because my dead

703
00:36:22,679 --> 00:36:24,480
trip is off. I'm going to confront him. I go,

704
00:36:24,599 --> 00:36:26,519
how do you know? Go listen to this? And he

705
00:36:26,599 --> 00:36:29,519
pulls up this new radio station, Caseyzu, which had been

706
00:36:29,719 --> 00:36:33,079
been this great classic rock station called Crime FM, and

707
00:36:33,119 --> 00:36:35,440
they're getting ready to they're going to change format. So

708
00:36:35,719 --> 00:36:39,280
they're bit by bit by bit getting more Zoo formated

709
00:36:39,320 --> 00:36:41,840
before they change the radio station officially, they've got the

710
00:36:41,960 --> 00:36:45,559
Zoo Morning Show there. And he plays me this and

711
00:36:45,639 --> 00:36:49,440
it's a flat lift of our stuff, literally, the same

712
00:36:49,519 --> 00:36:53,239
movie bites, the same stuff we created. Like, I can't

713
00:36:53,320 --> 00:36:58,159
believe this. So Gary comes out and Matthew says, hey,

714
00:36:58,320 --> 00:37:01,039
stay here, I'm really going to confront my dad. So

715
00:37:01,360 --> 00:37:04,000
now I know this later. Gary's a good Christian man.

716
00:37:04,199 --> 00:37:08,400
He's got some fourteen grandkids, three sons. He's a lovely man.

717
00:37:08,760 --> 00:37:12,039
He also happened to be a really good running back

718
00:37:12,079 --> 00:37:14,920
in college who could run over you. And I one

719
00:37:15,000 --> 00:37:16,880
time saw him when one of his sons got out

720
00:37:16,920 --> 00:37:19,199
of line and yelled at his mom. I saw Gary

721
00:37:19,280 --> 00:37:22,559
twice say, don't talk to my wife that way, step

722
00:37:22,719 --> 00:37:25,880
into his son, don't talk to my wife that way.

723
00:37:26,519 --> 00:37:28,039
And then he talked to his wife that way again,

724
00:37:28,119 --> 00:37:28,880
and he knocked him out.

725
00:37:29,639 --> 00:37:32,440
Speaker 3: Oh yeah, punched old school night, that's old school.

726
00:37:33,400 --> 00:37:34,199
Speaker 1: Was there when he woke up?

727
00:37:34,280 --> 00:37:34,480
Speaker 3: Son?

728
00:37:34,679 --> 00:37:36,480
Speaker 1: You maybe do it? So I didn't know that about

729
00:37:36,519 --> 00:37:39,880
Gary at the time. So here in the hallway, Dad, Dad,

730
00:37:40,039 --> 00:37:42,440
we got to talk. You are ripping us off and

731
00:37:42,519 --> 00:37:46,679
it's unfair, and you ows thirty five hundred bucks, and

732
00:37:46,920 --> 00:37:50,360
Gary says, pardon me us thirty five hundred bucks. Todd's

733
00:37:50,400 --> 00:37:52,480
in the room, he's my witness. I've got proof you're

734
00:37:52,559 --> 00:37:54,679
ripping us off in your radio station. First of all,

735
00:37:55,840 --> 00:38:04,000
change your tone. Change your tone. Dad, With all due respect,

736
00:38:04,039 --> 00:38:06,800
I'm really frustrated because you are ripping us off, and

737
00:38:06,880 --> 00:38:09,760
you was thirty five hundred bucks. Please, what are you

738
00:38:09,880 --> 00:38:15,280
talking about? You're gonna say you don't know, Matthew, I

739
00:38:15,400 --> 00:38:18,599
don't know. He comes into the room and I'm standing

740
00:38:18,599 --> 00:38:23,239
there like I'm mister Bruno, like like I didn't have

741
00:38:23,360 --> 00:38:26,960
any play. So he plays, this is your morning show,

742
00:38:27,039 --> 00:38:30,360
your so called morning show, and he plays these clips.

743
00:38:30,559 --> 00:38:33,920
This is the tape I gave you of Todd and

744
00:38:34,000 --> 00:38:37,039
I's radio show, Rhino and Pink.

745
00:38:38,440 --> 00:38:38,800
Speaker 3: Play it.

746
00:38:39,920 --> 00:38:43,599
Speaker 1: Gary stands there and he starts laughing. He's, okay, okay, stop,

747
00:38:44,239 --> 00:38:47,320
I can't believe my guy's ripped you off. So he'd

748
00:38:47,400 --> 00:38:50,079
actually played it for their morning show guys to say,

749
00:38:50,119 --> 00:38:52,119
this is what my son and his friend created. They're

750
00:38:52,159 --> 00:38:54,400
trying to do radio. It's so cute and so like

751
00:38:54,440 --> 00:38:55,320
the morning show guys are.

752
00:38:55,280 --> 00:38:58,000
Speaker 3: Going good dude, they stole it.

753
00:38:58,599 --> 00:38:59,960
Speaker 1: They totally stole it.

754
00:39:00,800 --> 00:39:01,400
Speaker 3: That's awesome.

755
00:39:01,400 --> 00:39:04,159
Speaker 1: Okay, So here was the payoff. Like Matthew, he did

756
00:39:04,199 --> 00:39:07,079
the research. This is a thirty five hundred dollars branding package.

757
00:39:08,800 --> 00:39:11,639
And so Gary's I could give them the money and

758
00:39:11,719 --> 00:39:13,039
he says, okay, I'll tell you what. I'm going to

759
00:39:13,119 --> 00:39:15,280
let you into the record vault. Since we're changing formats,

760
00:39:15,320 --> 00:39:17,360
we're not going to need the classic rock records anymore.

761
00:39:18,239 --> 00:39:20,119
So you can go down and as many as you

762
00:39:20,199 --> 00:39:22,840
can carry, you can own in like three trips, and

763
00:39:22,920 --> 00:39:23,199
I'm like.

764
00:39:23,280 --> 00:39:25,320
Speaker 3: Oh, you guys, are you're done? Done?

765
00:39:25,480 --> 00:39:28,639
Speaker 1: Thousands and thousands of records. I mean I am walking

766
00:39:28,760 --> 00:39:32,119
up the stairs my legs, you know, like bowl legged

767
00:39:32,239 --> 00:39:34,760
up the stairs carrying like a hundred records or two

768
00:39:34,840 --> 00:39:37,400
hundred records, and Matthew's holding on to them, and we're

769
00:39:37,480 --> 00:39:39,440
up in the stairs. And we got to do a

770
00:39:39,559 --> 00:39:43,400
couple of weekend radio shows as the Ride, Oh and

771
00:39:43,519 --> 00:39:47,280
Pink really really really late at night. But yeah, I

772
00:39:47,360 --> 00:39:49,800
remember my first commercial radio show. My first caller was

773
00:39:49,840 --> 00:39:53,000
my mom because they had her set up and she

774
00:39:53,119 --> 00:39:56,159
hated my show and she's a liberal. And my second

775
00:39:56,199 --> 00:39:58,440
caller was the guy who was producing me, my friend Dave,

776
00:39:59,000 --> 00:40:00,760
And then we actually got some real calls. It was

777
00:40:00,840 --> 00:40:05,920
on Halloween night ten pm to midnight and the night

778
00:40:05,960 --> 00:40:08,320
after Halloween. That was my big debute.

779
00:40:09,519 --> 00:40:11,760
Speaker 3: But did you did you? Were you freaked out about?

780
00:40:12,440 --> 00:40:12,480
Speaker 2: Like?

781
00:40:12,960 --> 00:40:17,719
Speaker 3: Yeah, I wasn't either. It's funny I think that, uh well,

782
00:40:17,760 --> 00:40:20,440
I think we're all born with different abilities or different talents.

783
00:40:20,440 --> 00:40:22,320
And I remember people like being shocked that I got

784
00:40:22,360 --> 00:40:25,679
on the radio and I was nervous doing my first

785
00:40:25,719 --> 00:40:27,840
show right up until the point where I got on

786
00:40:27,920 --> 00:40:32,559
the air, and then once it's rolling, I literally walked

787
00:40:32,599 --> 00:40:33,840
out into the first day and I was like, man,

788
00:40:33,920 --> 00:40:37,039
that was a blast. Yeah, Like I just enjoyed it.

789
00:40:37,199 --> 00:40:39,840
And it was one of those deals. I mean I

790
00:40:40,199 --> 00:40:42,599
gave the speech it I remember my eighth grade graduation

791
00:40:42,800 --> 00:40:46,280
and I you know, that gave me a rush too. Yeah,

792
00:40:46,480 --> 00:40:49,079
and uh yeah, I just that has never been you

793
00:40:49,159 --> 00:40:51,440
know they always say, like the number one fear of

794
00:40:51,440 --> 00:40:54,880
people is public speaking. Yeah, and I love it. I've

795
00:40:54,920 --> 00:40:58,079
always enjoyed it. It's a it's a it's an you

796
00:40:58,280 --> 00:41:01,119
smell right, your your your nose, click out. You feel

797
00:41:01,159 --> 00:41:04,559
the rush, you feel the adrenaline. Yeah, I always liked it.

798
00:41:04,760 --> 00:41:07,679
Speaker 1: Was the one time I got really nervous was the

799
00:41:07,719 --> 00:41:09,440
first time I filled done for rush limbag god.

800
00:41:09,360 --> 00:41:10,559
Speaker 3: Rest that would do it.

801
00:41:10,679 --> 00:41:13,760
Speaker 1: Yeah, Zach, I was fine. I was good doing the

802
00:41:13,800 --> 00:41:16,960
show prep and James came to Seattle mostly for the

803
00:41:17,000 --> 00:41:19,599
first time. How you doing, man, I'm good, all right,

804
00:41:19,719 --> 00:41:22,719
So I'm good and you know, going because it's my

805
00:41:22,840 --> 00:41:26,199
home city, right right, right right, and and oh my gosh,

806
00:41:26,239 --> 00:41:29,159
did I tell you that story? And that's when it Oh, no, no,

807
00:41:29,360 --> 00:41:33,039
I'm telling you. I'm in the studio and my friend

808
00:41:33,119 --> 00:41:34,599
Ron came in and he and he opened the door.

809
00:41:34,679 --> 00:41:36,599
He goes, you got this, man, You're good, you got this.

810
00:41:36,760 --> 00:41:39,239
Thank you, Ron, Appreciate it, buddy. And then John Curley,

811
00:41:39,320 --> 00:41:42,320
great radio host, legend in Seattle, he came in and

812
00:41:42,440 --> 00:41:45,440
open there goes herman. Some people are made to do

813
00:41:45,559 --> 00:41:47,159
things like this. You were made to do things like this.

814
00:41:47,519 --> 00:41:49,519
You're gonna kill this. They were smart to choose you.

815
00:41:49,800 --> 00:41:52,519
They were really smart to choose you, man, John, Thank

816
00:41:52,559 --> 00:41:54,800
you so much. And coming from a guy like John Curley,

817
00:41:54,840 --> 00:41:57,480
the career he's built, like, okay, so solid, and I'm good.

818
00:41:57,519 --> 00:42:00,639
They're playing parodies because they played down line. They used

819
00:42:00,639 --> 00:42:02,719
to play Russia's great parodies just to make sure that

820
00:42:02,760 --> 00:42:04,920
the affiliates knew they were getting to feed. I'm like

821
00:42:05,119 --> 00:42:08,320
joining laughing at the parodies. And then it goes silent

822
00:42:11,039 --> 00:42:22,039
boo boo, satellite tones, silence boom boom, boom boom, and

823
00:42:22,119 --> 00:42:26,800
then I go like this, I've oh yeah, and I

824
00:42:27,000 --> 00:42:29,679
just was expecting someone from New York to open the door.

825
00:42:29,719 --> 00:42:31,639
Go wait, wait, wait, what the hell are you doing?

826
00:42:31,760 --> 00:42:33,639
Do you know what this idiot is? No, you can't.

827
00:42:34,159 --> 00:42:38,159
And I went in and did that show. And after

828
00:42:38,280 --> 00:42:40,599
the first hour, James goes, okay, first hours over, let's

829
00:42:40,639 --> 00:42:42,159
reload for the second one. I go, is it terribly?

830
00:42:42,159 --> 00:42:44,079
He goes, no, you do the same thing always does.

831
00:42:44,440 --> 00:42:47,159
Everyone always does. You talked about ten thousand times faster

832
00:42:47,280 --> 00:42:49,840
than you normally do. It was entertaining. It's the first

833
00:42:49,840 --> 00:42:53,199
time most people have heard you. You're fine, now breathe,

834
00:42:53,400 --> 00:42:56,119
it's over. Now do radio. So that's the way what

835
00:42:56,320 --> 00:42:58,320
I got to get you in the h one bevisa

836
00:42:58,360 --> 00:42:59,719
thing because we started on this and then I just

837
00:43:00,079 --> 00:43:02,719
acted us with my discussion of radio, which a God

838
00:43:02,840 --> 00:43:06,199
blessed I love it. So the can we agree that

839
00:43:06,320 --> 00:43:09,079
the eighth one B program as it exists now is

840
00:43:09,159 --> 00:43:11,880
a perversion that has to be scrapped and destroyed. And

841
00:43:11,920 --> 00:43:14,119
I think Bernie Sanders actually has the best approach on this.

842
00:43:14,280 --> 00:43:19,000
Here's my evidence. It's being used to hire interns. People

843
00:43:19,079 --> 00:43:20,920
have gained the system. There's a guy back east in

844
00:43:20,960 --> 00:43:25,639
New Jersey, brilliant guy, schemer, terrible guy, and he buys

845
00:43:25,800 --> 00:43:29,679
gas stations and convenience stores. He does the H one

846
00:43:29,800 --> 00:43:32,719
B visa program to bring people over to be cashiers.

847
00:43:33,559 --> 00:43:37,360
Then he buys apartment buildings around his stores and says,

848
00:43:37,400 --> 00:43:39,920
you have to live here, And then he's taking a

849
00:43:40,079 --> 00:43:44,000
raak on their salaries. They're getting about sixty percent of

850
00:43:44,079 --> 00:43:46,199
what they're supposed to get as H one B visa holders.

851
00:43:46,239 --> 00:43:49,639
This is for the tenth top ten, ten to one percent.

852
00:43:50,480 --> 00:43:51,760
This cannot continue.

853
00:43:52,440 --> 00:43:54,480
Speaker 3: That guy ought to run for the Seattle City Council.

854
00:43:56,159 --> 00:43:58,480
Maybe he'll just buy it right in, right, Yeah, he fit,

855
00:43:58,639 --> 00:44:02,280
he fit right in. So so it's funny that you

856
00:44:02,400 --> 00:44:06,960
phrased it that way, because it's that it's impattal with

857
00:44:07,079 --> 00:44:09,239
the way that I view it. So if somebody was

858
00:44:09,320 --> 00:44:11,199
asking me, what do you think about what Musk said,

859
00:44:11,199 --> 00:44:12,920
and I'd go yes, And they'd go like, what do

860
00:44:12,960 --> 00:44:15,039
you think about the pushbrack against him? And I'd say yes.

861
00:44:15,719 --> 00:44:21,000
So I agree with First of all, let's get back

862
00:44:21,079 --> 00:44:24,719
to what made America great. What made America great is

863
00:44:24,880 --> 00:44:28,519
people that with talent from all of the world wanted

864
00:44:28,559 --> 00:44:31,800
to come here to exercise that talent and realize the

865
00:44:31,880 --> 00:44:32,639
fruits of their labor.

866
00:44:32,760 --> 00:44:35,840
Speaker 1: Right to pursue my liberty and happiness is guaranteed us

867
00:44:35,840 --> 00:44:39,000
by God. God gives us the guarantee of those things,

868
00:44:39,280 --> 00:44:40,360
but not necessarily the outcome.

869
00:44:41,159 --> 00:44:45,760
Speaker 3: Right now, we flip around and we throw the whole

870
00:44:46,360 --> 00:44:48,639
Send us your huddled masses, send us your poor, send

871
00:44:48,679 --> 00:44:50,760
us your right And people go, well, those are conflicting,

872
00:44:50,800 --> 00:44:53,360
and I go, no, I don't think that they are right,

873
00:44:53,519 --> 00:44:56,320
not ideally right, not not the way it was intended.

874
00:44:56,760 --> 00:45:01,519
Meaning send us your cast sauces. We didn't say, send

875
00:45:01,599 --> 00:45:04,679
us your prisoners, right right, send us your send us

876
00:45:04,719 --> 00:45:08,679
your cask offs, send us the people like like, for instance,

877
00:45:09,239 --> 00:45:13,440
my junior analysts brilliant kid. Brilliant kid twenty four years old,

878
00:45:14,599 --> 00:45:18,639
does phenomenal work. He's born and raised just outside of London,

879
00:45:18,920 --> 00:45:20,559
and the reason he came to me for a job

880
00:45:21,039 --> 00:45:24,000
was because he is effectively outside of the social cast

881
00:45:24,079 --> 00:45:26,920
system in London. Meaning you're you're not going to hear

882
00:45:26,920 --> 00:45:29,599
any of this formalized stuff over in the UK, but

883
00:45:29,960 --> 00:45:31,880
in the financial industry, and I can't speak to more

884
00:45:31,920 --> 00:45:34,119
than that. I'm in the financial industry. But in the

885
00:45:34,159 --> 00:45:37,400
financial industry, if you didn't go to the right college

886
00:45:37,440 --> 00:45:39,920
and you don't know somebody, you're not getting in period.

887
00:45:40,400 --> 00:45:42,280
And it's not about go in the mailroom and work

888
00:45:42,320 --> 00:45:44,639
your way up right. So what we were saying was

889
00:45:45,159 --> 00:45:47,599
send us your outcast, send us to people that you

890
00:45:47,679 --> 00:45:51,199
don't think are valuable, and and and Will will will

891
00:45:51,239 --> 00:45:52,639
let them, will, let them have a go, and they

892
00:45:52,679 --> 00:45:56,039
can decide for themselves what they want to be right. Well,

893
00:45:56,840 --> 00:45:59,880
So that part of it, I'm in full agreement with Musca.

894
00:46:00,199 --> 00:46:02,880
We want the best in brightest. That that's the other

895
00:46:03,000 --> 00:46:06,159
thing is we bring in the best in brightest. Competition

896
00:46:06,280 --> 00:46:08,360
is a wonderful thing. Free markets are built on it,

897
00:46:08,719 --> 00:46:12,119
you know. I think it could also start highlighting the

898
00:46:12,199 --> 00:46:15,039
deficiency in our own educational system if they're not highlighted enough.

899
00:46:15,119 --> 00:46:17,360
I mean, if you're paying attention, it's not hard to find.

900
00:46:18,000 --> 00:46:19,760
The flip side is is that a lot of people

901
00:46:19,800 --> 00:46:21,679
are doing exactly what you were talking about, which is

902
00:46:21,800 --> 00:46:24,840
manipulating it and using it as a way of you know,

903
00:46:24,960 --> 00:46:27,440
labor cost arbitrage right like, they're bringing it in and

904
00:46:27,719 --> 00:46:31,639
it's so that is it needs to be overhauled. But

905
00:46:32,119 --> 00:46:34,960
I like the way that you said it. I think

906
00:46:35,159 --> 00:46:39,599
Musk is right in terms of h HB one visus

907
00:46:40,079 --> 00:46:43,679
being used to bring over highly talented, highly capable people.

908
00:46:43,960 --> 00:46:45,519
I'm all for it. There shouldn't be a limit on it.

909
00:46:45,639 --> 00:46:47,800
That's that is America. And if and if you as

910
00:46:47,840 --> 00:46:51,760
Americans don't like it, go brush up right. It should

911
00:46:51,800 --> 00:46:55,679
not be allowed for labor cost arbitrage. Well right, so

912
00:46:56,239 --> 00:46:59,079
how you construct a law that works properly that way?

913
00:46:59,159 --> 00:46:59,920
I'm not really sure.

914
00:47:00,000 --> 00:47:01,800
Speaker 1: I can't even believe that. But Bertie Sanders has the

915
00:47:02,320 --> 00:47:04,199
has the has the method.

916
00:47:04,840 --> 00:47:05,400
Speaker 3: What do you saying?

917
00:47:05,480 --> 00:47:07,280
Speaker 1: Okay, first of all, let me point out a statistic

918
00:47:07,320 --> 00:47:10,360
that I think people need to know. India gets seventy

919
00:47:10,440 --> 00:47:14,519
two percent of HB one visa people h would be India,

920
00:47:14,599 --> 00:47:17,920
and then it's China. And there are companies that are

921
00:47:17,960 --> 00:47:21,239
getting eighty percent of these submissions because they submit the

922
00:47:21,280 --> 00:47:24,599
same five names twenty different times. They take like random

923
00:47:24,639 --> 00:47:28,039
Indians and submit it and some random Indion gets, hey,

924
00:47:28,280 --> 00:47:30,400
you got your visit to America. I own the food

925
00:47:30,480 --> 00:47:32,079
drug you know? I mean I can't.

926
00:47:32,480 --> 00:47:34,360
Speaker 3: So here's what, Bertie, why are they doing? Why are

927
00:47:34,400 --> 00:47:35,719
they doing to block.

928
00:47:35,559 --> 00:47:40,440
Speaker 1: Everyone else out? So they flood the zone. They flood

929
00:47:40,519 --> 00:47:42,960
the zone, and they've got the systems down to flood

930
00:47:43,000 --> 00:47:46,079
the zone. No one else's stuff gets seen, their stuff

931
00:47:46,159 --> 00:47:48,280
gets seen. They switch another person out. Oh, well, we

932
00:47:48,320 --> 00:47:50,679
can find someone else with this name. I mean, it's

933
00:47:50,920 --> 00:47:52,639
just it's and it's a gold rush. They do the

934
00:47:52,679 --> 00:47:55,559
same thing, taking the rake on people's wages. I can't

935
00:47:55,599 --> 00:47:59,280
even believe Bertie Sanders came up with this. Okay, so

936
00:47:59,480 --> 00:48:02,400
it's up one tenth of one percent to one percent.

937
00:48:03,599 --> 00:48:06,559
Then they have to have concombinan pay and the second

938
00:48:06,599 --> 00:48:08,239
of hair that, I'm like, oh now, Bernie's gonna wait,

939
00:48:09,639 --> 00:48:13,000
hold on a second. This isn't a wage cap. He's saying,

940
00:48:13,760 --> 00:48:17,400
your testimony here, this h one B visa. You say

941
00:48:17,480 --> 00:48:19,239
this is the top one tenth of one percent of

942
00:48:19,360 --> 00:48:24,039
scientists in this arena. Well, here's what they're paid. You

943
00:48:24,119 --> 00:48:25,199
gotta pay dude that much.

944
00:48:26,440 --> 00:48:27,719
Speaker 3: Yeah, pay a commenser a wage.

945
00:48:27,800 --> 00:48:29,039
Speaker 1: Yeah, that's going to be his take home.

946
00:48:29,199 --> 00:48:31,480
Speaker 3: No, hey hey. And then and then the pushback on

947
00:48:31,599 --> 00:48:34,599
that on the conservative side and free marketside would be like,

948
00:48:34,679 --> 00:48:37,000
you can't tell people how much they're going to pay somebody,

949
00:48:37,320 --> 00:48:41,000
and you go, ah, but if they're asking, if if

950
00:48:41,079 --> 00:48:45,199
that request is accompanied by a request for the federal

951
00:48:45,280 --> 00:48:49,119
government to allow somebody a visa preferential access to the

952
00:48:49,199 --> 00:48:52,480
United States system, then you can, right what we're not saying.

953
00:48:52,599 --> 00:48:54,400
Speaker 1: They have to pay him that. I mean, no, just

954
00:48:54,480 --> 00:48:58,880
maybe just put him into the immigration process in five, six, seven, eight, ten, nine,

955
00:48:59,039 --> 00:49:00,800
fifteen years from now, maybe they'll get in.

956
00:49:01,800 --> 00:49:05,760
Speaker 3: Yeah. Well, and look, I am obviously not against profits, okay,

957
00:49:05,800 --> 00:49:08,800
but one of the things that is so irritating to

958
00:49:08,920 --> 00:49:12,360
me and so nefarious about the current system that we're

959
00:49:12,440 --> 00:49:15,440
currently in. These are not They're not all the reasons

960
00:49:15,480 --> 00:49:18,000
we've got amazing companies and businesses here in the United States.

961
00:49:18,440 --> 00:49:21,159
But one of the largest reasons why you've got record

962
00:49:21,239 --> 00:49:25,559
profits in corporate America right now are practices like these,

963
00:49:26,199 --> 00:49:30,119
right That's so much of this record profit and this

964
00:49:31,039 --> 00:49:33,679
you know, again home to the most incredible companies in

965
00:49:33,719 --> 00:49:36,440
the world. But a lot of people don't realize that

966
00:49:36,760 --> 00:49:38,840
one of the things that makes these companies look so

967
00:49:38,960 --> 00:49:42,280
profitable are the shenanigans and the games that you're talking about,

968
00:49:42,639 --> 00:49:45,239
right You can throw it to the games they're playing

969
00:49:45,280 --> 00:49:47,519
on the immigration side. You can look at the games

970
00:49:47,559 --> 00:49:50,440
they're playing with regulatory capture budding up to the government.

971
00:49:50,800 --> 00:49:53,000
You can look at games that they're playing with stock

972
00:49:53,079 --> 00:49:57,119
based compensation. It is a looting of the system that

973
00:49:57,360 --> 00:49:59,960
is literally taking money out of the pockets of Lake

974
00:50:00,480 --> 00:50:03,199
and putting it in the pockets of industry and or

975
00:50:03,320 --> 00:50:08,199
in capital, right, and it's it's time to the you know,

976
00:50:08,559 --> 00:50:11,000
it's it's crazy for me to say this. I can't

977
00:50:11,000 --> 00:50:13,559
believe I'm saying it, but it's true. It's time for

978
00:50:13,679 --> 00:50:16,079
the pendulum to swing back to the side of labor,

979
00:50:16,599 --> 00:50:20,239
and labor needs some protection in this country. We need

980
00:50:20,280 --> 00:50:22,320
to be careful of We need to be careful about

981
00:50:22,320 --> 00:50:24,639
how we do it because that's a slippery slope. But

982
00:50:25,000 --> 00:50:27,079
I think we all and this, this to me, taught

983
00:50:27,079 --> 00:50:28,559
is one of the things that has gotten to be

984
00:50:28,719 --> 00:50:33,360
so frustrating to me, is that all of us, regardless

985
00:50:33,400 --> 00:50:35,400
of where we're at on the political aisle, need to

986
00:50:35,519 --> 00:50:39,320
recognize the need for the pendulum to swing in both

987
00:50:39,440 --> 00:50:43,159
directions sometimes right like Teddy Roosevelt, Turn of the Century,

988
00:50:43,280 --> 00:50:46,840
nineteen hundreds, right, he's one of my heroes. I think

989
00:50:46,840 --> 00:50:49,039
he's one of the greatest presidents we ever had. But

990
00:50:49,719 --> 00:50:53,239
and he was a America to the core, tough as

991
00:50:53,320 --> 00:50:57,280
they come, free markets, capitalism, but he also understood the

992
00:50:57,360 --> 00:51:00,960
exact same thing back then we're dealing with now. Capitalism

993
00:51:01,079 --> 00:51:04,599
needs to be protected and when you got guys looting

994
00:51:04,679 --> 00:51:06,480
it the way they are now and the way they

995
00:51:06,559 --> 00:51:09,800
were then, they're they're they're putting a stick in the

996
00:51:09,960 --> 00:51:13,840
spolks of capitalism and it becomes dysfunctional and it starts

997
00:51:13,880 --> 00:51:18,000
acting a lot like socialism. So no, i'm, i'm, i'm.

998
00:51:19,199 --> 00:51:22,239
We definitely need to overhall that system and we need

999
00:51:22,360 --> 00:51:26,039
to continue you know, it's like, uh, I floated this

1000
00:51:26,159 --> 00:51:29,320
idea years ago, but it was like I applauded Trump

1001
00:51:29,559 --> 00:51:31,880
the whole idea of, Hey, if we want to see

1002
00:51:31,920 --> 00:51:34,800
a return of manufacturing here in America, we're going to

1003
00:51:34,840 --> 00:51:37,119
give you a corporate tax cut. We're going to I

1004
00:51:37,239 --> 00:51:39,760
want to throw you down at fifteen percent. I'd even

1005
00:51:39,800 --> 00:51:43,119
take it further and say we'll give you fifteen fifteen percent,

1006
00:51:43,440 --> 00:51:45,599
but we'll give you a tax holiday for the first

1007
00:51:45,639 --> 00:51:46,159
three years.

1008
00:51:46,840 --> 00:51:46,960
Speaker 2: Right.

1009
00:51:47,960 --> 00:51:51,760
Speaker 3: And those things are protecting labor but doing it in

1010
00:51:51,880 --> 00:51:55,360
a non enforcement way.

1011
00:51:55,519 --> 00:51:55,679
Speaker 2: Right.

1012
00:51:57,039 --> 00:51:59,880
Speaker 3: And no, I think that we need I mean, we

1013
00:52:00,119 --> 00:52:03,360
need so much legislation like that, and we need to

1014
00:52:03,440 --> 00:52:07,719
protect students, we need to protect labor. There's so much

1015
00:52:07,760 --> 00:52:10,159
of the stuff that we need to do. And it's

1016
00:52:10,280 --> 00:52:13,039
kind of hilarious to hear the left still positive themselves

1017
00:52:13,519 --> 00:52:15,199
is the party of the middle class, because you sit

1018
00:52:15,280 --> 00:52:18,599
there and go. You guys have literally done to people

1019
00:52:18,719 --> 00:52:20,559
what you were saying the right was going to do

1020
00:52:20,639 --> 00:52:22,639
for the last fifty years. You've done that, and just

1021
00:52:22,679 --> 00:52:23,960
go look at who their customers are.

1022
00:52:24,039 --> 00:52:26,079
Speaker 1: Oh sorry, I met donors. I shouldn't have said customers.

1023
00:52:26,119 --> 00:52:27,639
That was the wrong thing. I apologize to that.

1024
00:52:28,239 --> 00:52:30,039
Speaker 3: It's all the billionaires. Maybe it's big business.

1025
00:52:30,360 --> 00:52:33,400
Speaker 1: Zach Cabe Revson with this Chief Investment Officer, Bulwark Capital Measurement. No,

1026
00:52:33,480 --> 00:52:35,480
you're ascrady dot com. Thanks for the vise counsel. My

1027
00:52:35,559 --> 00:52:36,480
brother appreciates you.

1028
00:52:38,199 --> 00:52:41,079
Speaker 3: Hey, happy to be back man and kicking off another year.

1029
00:52:41,199 --> 00:52:43,000
Thanks for having me and looking forward to many more

1030
00:52:43,000 --> 00:52:43,239
of these.

1031
00:52:43,480 --> 00:52:45,440
Speaker 1: Yep, me too. This is the Tod Hermershew. Please go

1032
00:52:45,519 --> 00:52:48,559
be well, be strong, be kind, Please make every effort

1033
00:52:48,639 --> 00:52:50,519
to walk firmly in the light of Christ.

