1 00:00:00,520 --> 00:00:04,080 Speaker 1: From Iran to the separate country of Washington States, causing 2 00:00:04,200 --> 00:00:07,000 rich people or even well off people to flee. It's volatile, 3 00:00:07,480 --> 00:00:10,080 and Zach Abraham's going to help us understand both of this. 4 00:00:10,199 --> 00:00:12,400 We'll talk about this with the help of God Almighty. 5 00:00:14,800 --> 00:00:18,320 Speaker 2: The Todd Herman Show is one hundred percent disapproved by 6 00:00:18,399 --> 00:00:25,679 big pharma technocrarats in tyrone s everywhere from the high 7 00:00:25,879 --> 00:00:34,479 mountains of Free America. Here's the Emerald City exime Todd Herman. 8 00:00:42,200 --> 00:00:44,799 Speaker 1: Today is the day the Lord has made, and these 9 00:00:44,840 --> 00:00:47,000 are the times to which God has decided we shall live. 10 00:00:47,079 --> 00:00:49,359 Joining me now is my friend and brother, Zach Abraham, 11 00:00:49,520 --> 00:00:54,280 chief investment officer Bulwark Capital Management in the firmly captured 12 00:00:54,479 --> 00:00:57,479 separate country of Washington State. Zach, I see you're on 13 00:00:57,520 --> 00:00:59,119 your phone. Was that you are talking to a real 14 00:00:59,200 --> 00:01:01,439 estate agent because the income tax done past? 15 00:01:02,520 --> 00:01:04,040 Speaker 3: Do you want to know what I was literally doing? 16 00:01:04,120 --> 00:01:06,560 You were looking at the house I sent you, Yes, 17 00:01:06,680 --> 00:01:07,560 I was. 18 00:01:07,599 --> 00:01:10,359 Speaker 4: I'm in the process of texting that to my wife 19 00:01:10,680 --> 00:01:13,079 and my uncle and cousin that currently live in Idaho. 20 00:01:13,400 --> 00:01:16,560 Speaker 3: So That's what I'm doing right now for real, and 21 00:01:16,599 --> 00:01:19,159 now I'm eating sen Yes, that just happens. 22 00:01:19,239 --> 00:01:22,200 Speaker 1: Does see, that's I only take six percent as an 23 00:01:22,239 --> 00:01:24,760 agent referral guy. So it's you know. 24 00:01:24,680 --> 00:01:25,480 Speaker 3: I was going to do eight. 25 00:01:25,519 --> 00:01:27,439 Speaker 1: Man, Oh yeah, but I take six. No, it's a 26 00:01:27,439 --> 00:01:29,719 discount break. I'm taking six from the seller too, So 27 00:01:29,760 --> 00:01:30,480 I guess it's twelve. 28 00:01:30,519 --> 00:01:33,239 Speaker 4: But that's all you're You're not Bob Ferguson. You're not 29 00:01:33,239 --> 00:01:35,680 going through the first ten. I'll take three or four. 30 00:01:35,840 --> 00:01:36,040 Speaker 3: Right. 31 00:01:37,079 --> 00:01:41,159 Speaker 1: So, your country of Washington has in its constitution the 32 00:01:41,239 --> 00:01:46,000 following that income taxes must be equally leveled against all citizens. 33 00:01:46,680 --> 00:01:50,239 And they've passed something that's called the Millionaire's Tax. And 34 00:01:50,359 --> 00:01:53,439 this is a nine point nine percent tax. Married couples 35 00:01:53,439 --> 00:01:56,640 share a single one million dollar exemption. So if combined 36 00:01:56,680 --> 00:01:59,480 incomes are more than a million, you're getting tax, by 37 00:01:59,519 --> 00:02:02,879 the way, in the separate country of Seattle, five hundred 38 00:02:02,879 --> 00:02:06,640 thousand per couple. That's solid upper middle class, i'd say, 39 00:02:06,879 --> 00:02:09,879 in the separate country of Washington State. And this is 40 00:02:09,919 --> 00:02:12,520 wildly unconstitutional and it's past and are you going to 41 00:02:12,599 --> 00:02:16,199 keep your word? Are you going to adjust economically and geographically? 42 00:02:17,439 --> 00:02:21,560 Speaker 4: Oh oh yes, yeah yeah. Hey, whether you like look, 43 00:02:22,080 --> 00:02:25,919 whether you like me or not. You usually I usually 44 00:02:25,960 --> 00:02:27,000 I'm pretty usually I. 45 00:02:26,960 --> 00:02:27,560 Speaker 3: Honor my word. 46 00:02:27,599 --> 00:02:29,439 Speaker 1: I mean, you know you honor your word. 47 00:02:30,439 --> 00:02:33,599 Speaker 4: Uh yeah, I and and and like I told you, 48 00:02:33,719 --> 00:02:34,360 this is not. 49 00:02:36,639 --> 00:02:37,319 Speaker 3: I hate it. 50 00:02:37,400 --> 00:02:40,879 Speaker 4: I hate it when they frame this in a framework 51 00:02:40,960 --> 00:02:42,240 of afford. 52 00:02:43,120 --> 00:02:43,879 Speaker 3: Uh, you can't. 53 00:02:44,120 --> 00:02:45,840 Speaker 4: At first, it's none of your business what I do 54 00:02:45,919 --> 00:02:48,120 with my money, first of all. And when I sit 55 00:02:48,159 --> 00:02:52,039 there and listen to an intellectual just another example of 56 00:02:52,280 --> 00:02:57,639 an an intellectual lightweight up there using the term you 57 00:02:57,639 --> 00:02:59,960 you get your first milli for free? 58 00:03:00,080 --> 00:03:00,840 Speaker 3: Did you hear that quote? 59 00:03:00,919 --> 00:03:06,199 Speaker 4: Yeah, for free, million milli and milli for free for free? 60 00:03:08,360 --> 00:03:11,159 Tell me you know nothing about making a business and 61 00:03:11,199 --> 00:03:15,319 actually creating value, because it's been anything but free. 62 00:03:15,360 --> 00:03:17,560 Speaker 3: I can assure you no, no, sweetheart. 63 00:03:17,599 --> 00:03:20,759 Speaker 4: This is what we call earning something and being blessed 64 00:03:20,800 --> 00:03:21,520 with something too. 65 00:03:21,599 --> 00:03:23,479 Speaker 3: That's the other thing. Right, for the grace of God, 66 00:03:23,479 --> 00:03:23,719 there go. 67 00:03:23,719 --> 00:03:28,680 Speaker 4: Why but just that you don't get to tell me 68 00:03:28,879 --> 00:03:31,719 what I get to keep. And if you try to, 69 00:03:32,159 --> 00:03:36,080 me and my money are gone. And this is its 70 00:03:36,120 --> 00:03:38,919 coercion at the point of a gun, and it's completely illegal. 71 00:03:39,199 --> 00:03:41,199 And then the other part of it is, yes, it 72 00:03:41,280 --> 00:03:44,439 is in direct violation of the constitutional law. My friends 73 00:03:44,479 --> 00:03:46,479 around the country aren't getting this and they go, well, yeah, 74 00:03:46,520 --> 00:03:48,960 you're Supreme courtal shoot it down. They go, boys, you're 75 00:03:49,000 --> 00:03:51,599 not familiar. No, you're not familiar with one party rule. 76 00:03:51,680 --> 00:03:55,280 For this long, they will rubber stamp anything these people 77 00:03:55,280 --> 00:03:58,520 put through. They don't care. This isn't about what's right, 78 00:03:58,639 --> 00:04:01,680 This isn't about the law other thing. This is why 79 00:04:01,919 --> 00:04:04,039 you want to talk about dog whistles. Every time we 80 00:04:04,120 --> 00:04:07,240 hear the term that the constitution, whichever one it is, 81 00:04:07,240 --> 00:04:10,479 is a living breathing document, immediately slam on the brakes 82 00:04:10,520 --> 00:04:12,599 and stop them, because if it's a living breathing document, 83 00:04:12,639 --> 00:04:16,199 it doesn't mean anything right. So no, it's the rule 84 00:04:16,319 --> 00:04:18,560 and you are in direct violation of it. It's not 85 00:04:18,720 --> 00:04:22,160 even close. It's not even debatable. As a matter of fact, 86 00:04:22,399 --> 00:04:24,680 nobody has spent any time. And I think this is 87 00:04:24,720 --> 00:04:28,399 extraordinarily telling and it should be worried. Do you know 88 00:04:28,439 --> 00:04:30,800 how much time this state has spent debating whether this 89 00:04:30,920 --> 00:04:32,120 is legal? Oh? 90 00:04:32,360 --> 00:04:36,360 Speaker 1: Zero, they're not debating it. The IRS has already come 91 00:04:36,360 --> 00:04:40,639 along and said your capital gains tax is income tax. 92 00:04:40,680 --> 00:04:45,240 That's illegal. And they've not spent any time debating this 93 00:04:45,319 --> 00:04:48,439 because they don't care. It can't be debated because the 94 00:04:48,480 --> 00:04:51,199 constitution is clear, so why would they possibly debate it? 95 00:04:51,800 --> 00:04:54,160 Speaker 3: Yeah, did you see Howard Schultz last night? Just said 96 00:04:54,160 --> 00:04:54,519 I'm just. 97 00:04:54,439 --> 00:04:56,639 Speaker 1: Going to bring this up. So this is how Schultz 98 00:04:56,720 --> 00:04:58,480 is the founder of Starbucks. Sy is he back to 99 00:04:58,560 --> 00:05:00,879 being CEO because he came back in operated for a while. 100 00:05:00,959 --> 00:05:02,120 Is he back on just the board? 101 00:05:02,920 --> 00:05:04,839 Speaker 4: I don't know if he gave Yeah, I can't remember. 102 00:05:04,920 --> 00:05:06,560 I think he gave it back up. I think he 103 00:05:06,560 --> 00:05:07,199 gave it back up. 104 00:05:07,199 --> 00:05:09,839 Speaker 1: But he stepped in when things got super off track 105 00:05:09,920 --> 00:05:12,319 and and he had to come and rescue the company. 106 00:05:12,319 --> 00:05:14,920 This is still where both of his wealth resides. So 107 00:05:15,399 --> 00:05:18,639 he has decided to keep his foundation. Zach, I love 108 00:05:18,759 --> 00:05:22,519 this move. I'm going to keep my charitable foundation. My 109 00:05:22,560 --> 00:05:24,279 wife and I are going to keep our foundation in 110 00:05:24,319 --> 00:05:27,600 the separate country, Washington State. But we're moving our residents 111 00:05:27,639 --> 00:05:31,319 and he's moving to Florida. So Howard Schultz is moving 112 00:05:31,399 --> 00:05:36,319 to live under the horrible reign of the very very 113 00:05:36,399 --> 00:05:39,199 violent Tan Hitler. He's not the Orange Hitler, but the 114 00:05:39,240 --> 00:05:43,000 Tan Hitler Ron DeSantis. And he wrote this long note 115 00:05:43,000 --> 00:05:45,199 about how they've tried to make things better. But he 116 00:05:45,240 --> 00:05:48,800 also said he's watched Seattle change. He's watched the state change. 117 00:05:49,439 --> 00:05:51,560 If Schultz is gone, I don't know what his net 118 00:05:51,560 --> 00:05:54,040 worth is, but it's it's not a little bit. He's 119 00:05:54,079 --> 00:05:57,120 probably somewhere around five billion. I should have checked that. 120 00:05:57,120 --> 00:06:00,240 That's a lot of money. Five to ten gone gone. 121 00:06:00,160 --> 00:06:01,199 Speaker 3: Yep, yep. 122 00:06:01,800 --> 00:06:07,000 Speaker 4: There's rumors that somebody there there's a look, you're gonna 123 00:06:07,000 --> 00:06:07,720 see an exodus. 124 00:06:07,920 --> 00:06:09,079 Speaker 3: The bottom line. 125 00:06:08,879 --> 00:06:13,839 Speaker 4: Is this, This tax makes Washington citizens the most highly 126 00:06:13,879 --> 00:06:16,480 taxed people in the country, even more so than California. 127 00:06:16,720 --> 00:06:21,279 Here's the problem. We don't have eighty degree whether year round. 128 00:06:21,360 --> 00:06:25,199 This ain't California, right, Okay, if you've seen the exit, 129 00:06:25,399 --> 00:06:28,279 like I mean, just look in the front like again, 130 00:06:28,560 --> 00:06:30,959 I do not. I'm not making the front of the 131 00:06:30,959 --> 00:06:34,160 Seattle Times or the News Tribune because I'm leaving. But 132 00:06:34,480 --> 00:06:37,639 just look at the job providers and the money that's 133 00:06:37,720 --> 00:06:41,120 already said we're walking out of the It's just it's crazy. 134 00:06:41,399 --> 00:06:45,000 But you want living here long enough. What you realize 135 00:06:45,120 --> 00:06:47,879 is the only way you can stomach it is if 136 00:06:47,920 --> 00:06:48,720 you're rich. 137 00:06:48,600 --> 00:06:51,360 Speaker 3: Enough to where this stuff doesn't matter, or those. 138 00:06:51,160 --> 00:06:54,319 Speaker 1: Are the or you're poor enough that you benefit from 139 00:06:54,759 --> 00:06:58,839 of free drugs and the ability to go sign up 140 00:06:58,839 --> 00:07:00,600 for an Airbnb for a week and then say I 141 00:07:00,680 --> 00:07:01,240 live here now. 142 00:07:02,000 --> 00:07:04,199 Speaker 3: Yeah, And then first I want. 143 00:07:04,000 --> 00:07:05,720 Speaker 1: To be clear, I want to be clearing this. Please 144 00:07:05,759 --> 00:07:08,680 understand what I just said. This is not for you, Zach. 145 00:07:08,720 --> 00:07:11,160 I know you get this, and this separate country of 146 00:07:11,240 --> 00:07:14,800 Washington State. I've confirmed with sheriff Sheriff Keith Swank from 147 00:07:14,839 --> 00:07:17,600 Pierce County, who your state's trying to remove from office. 148 00:07:19,399 --> 00:07:22,000 Literally legit, je Zach. If if you go stay in 149 00:07:22,000 --> 00:07:25,680 an Airbnb for a day in the separate county of 150 00:07:25,720 --> 00:07:28,040 Washington State and go, man, it's nice here. I'm not leaving, 151 00:07:29,160 --> 00:07:32,600 it can take two years to get you out. So 152 00:07:32,800 --> 00:07:36,240 you're talking about the ultra rich or desperately poor people 153 00:07:36,240 --> 00:07:38,000 who have one hundred and fifty nine bucks left on 154 00:07:38,040 --> 00:07:40,439 a credit card that they can use to rent a 155 00:07:40,480 --> 00:07:42,720 billion dollar house for a day and they don't have 156 00:07:42,759 --> 00:07:44,839 to leave. That's who benefits. 157 00:07:45,360 --> 00:07:48,720 Speaker 3: Yeah, yeah, no, And that's where you're sitting there looking 158 00:07:48,759 --> 00:07:52,399 at it. And that's why I said it is this 159 00:07:52,920 --> 00:07:55,680 Is this legal? No? Absolutely not. Nobody would evend argue 160 00:07:55,680 --> 00:07:57,160 it was. It is immoral. 161 00:07:57,240 --> 00:08:01,720 Speaker 4: Then there's the other issue, which is what is this 162 00:08:01,920 --> 00:08:04,879 money going to be used for? Bob Ferguson will sit 163 00:08:04,920 --> 00:08:07,360 there and tell you this is going to finance kids 164 00:08:07,439 --> 00:08:11,920 K through twelve, getting all of them, okay, free breakfast 165 00:08:11,959 --> 00:08:14,160 and lunch. Now, let me stop right there and just say, 166 00:08:14,720 --> 00:08:20,879 first of all, why do all K through twelve kids 167 00:08:20,920 --> 00:08:22,079 need lunch and breakfast? 168 00:08:22,959 --> 00:08:25,879 Speaker 3: I think a government expense. 169 00:08:26,160 --> 00:08:30,519 Speaker 4: Not only that, but how many people don't even want 170 00:08:30,519 --> 00:08:32,799 their kids eating what the state is going to provide 171 00:08:32,799 --> 00:08:35,320 from K through twelve? So you sit there and immediately, 172 00:08:35,360 --> 00:08:38,360 in my opinion, this is one of those like what 173 00:08:38,519 --> 00:08:43,799 god sadult refers to as is suicidal empathy. 174 00:08:44,000 --> 00:08:45,440 Speaker 3: You get those people locked up. 175 00:08:45,519 --> 00:08:47,799 Speaker 4: Oh we're getting all the kids free fit never mind 176 00:08:47,840 --> 00:08:50,000 probably seventy percent of them aren't even to take advantage 177 00:08:50,039 --> 00:08:52,720 of it. But this is the trojan horse that allows 178 00:08:52,759 --> 00:08:53,879 them to pass an income tax. 179 00:08:53,919 --> 00:08:54,440 Speaker 3: That's all it is. 180 00:08:54,519 --> 00:08:59,399 Speaker 4: Right, Dress it up in a suicidal empathic dress up right, 181 00:09:00,039 --> 00:09:02,399 get it through and then like look at Ferguson, I 182 00:09:02,440 --> 00:09:04,320 mean you want to convince me he stays up late 183 00:09:04,320 --> 00:09:06,320 at night worried about what kids have to eat for breakfast? 184 00:09:06,519 --> 00:09:10,240 Speaker 1: Come on, oh, come on now, because you're my friend 185 00:09:10,279 --> 00:09:13,639 and you're my brother, and you've done you, we would 186 00:09:13,639 --> 00:09:16,759 be nowhere as a podcast ratio shows without you. I'm 187 00:09:16,759 --> 00:09:19,039 going to give you the opportunity in a second to 188 00:09:19,080 --> 00:09:21,440 have me have Alex a race. Everything you just said 189 00:09:21,440 --> 00:09:23,720 about the income tax, and I'm gonna tell you why 190 00:09:23,840 --> 00:09:26,279 because you may not have heard of this. Okay, I'm 191 00:09:26,279 --> 00:09:28,279 going to share with this with you in just a second. 192 00:09:28,799 --> 00:09:30,919 He as, I'm sitting down to record this at Saint 193 00:09:31,000 --> 00:09:33,600 Patrick's Day and this is a holiday that's well, it's 194 00:09:33,639 --> 00:09:35,600 not politically correct and it angers a lot of people 195 00:09:35,600 --> 00:09:38,120 because we're not supposed to support the Irish race right 196 00:09:38,679 --> 00:09:41,120 to the degree that you believe in races. I don't 197 00:09:41,159 --> 00:09:45,200 countries of origin. Absolutely, We've got Irish blood running through 198 00:09:45,200 --> 00:09:48,320 my veins. My friend Tim kruk Shank, founder and CEO 199 00:09:48,360 --> 00:09:51,639 of Bone Frog Coffee, has put together a fantastic Saint 200 00:09:51,639 --> 00:09:55,279 Patrick's Day and slightly afterward approach to this. There's the 201 00:09:55,320 --> 00:09:58,360 Irish True Blends. Comes with the Celtic Cross on it 202 00:09:58,440 --> 00:10:01,960 God Country Team. Of course, this celebrates the idea of 203 00:10:02,080 --> 00:10:05,519 sacrifice becoming first responders, cops firefighters that Irish people have 204 00:10:05,559 --> 00:10:08,679 been well known for in our country. Bonefrog Coffee dot 205 00:10:08,720 --> 00:10:11,720 com slash todd. It also comes with a limited selection 206 00:10:12,159 --> 00:10:15,120 of patches for hats and bags. One of them celebrates 207 00:10:15,120 --> 00:10:18,480 Seal Team six. It's a civilian version of this till 208 00:10:18,480 --> 00:10:20,440 we'll describe it for you. So if you ever get asked, hey, 209 00:10:20,440 --> 00:10:23,240 why do you rate wearing a Seal Team six patch, 210 00:10:23,240 --> 00:10:25,360 you can say it's a Seal Team patch for a 211 00:10:25,399 --> 00:10:27,759 Seal Team six gold. Here's why I wear it. 212 00:10:27,759 --> 00:10:28,320 Speaker 3: It is a. 213 00:10:28,279 --> 00:10:30,120 Speaker 1: Civilian version of it. Not trying to do this sole 214 00:10:30,159 --> 00:10:30,679 involve thing. 215 00:10:30,840 --> 00:10:30,919 Speaker 3: Now. 216 00:10:30,960 --> 00:10:33,120 Speaker 1: If you're VET, all the better, just patch to add 217 00:10:33,159 --> 00:10:36,639 to your collection. Also, some great shirts all season, by 218 00:10:36,679 --> 00:10:39,399 the way, for Irish Pride, not necessarily just for Saint 219 00:10:39,399 --> 00:10:42,519 Patrick's Day. Go to Bonefrog Coffee dot com slash todd 220 00:10:42,799 --> 00:10:44,679 use promo code todd to get ten percent off your 221 00:10:44,679 --> 00:10:48,960 first purchase fifteen percent off subscription coffee. So here's why 222 00:10:49,000 --> 00:10:50,679 I was going to give you an opportunity to retract 223 00:10:50,679 --> 00:10:53,519 everything you just said or have me erase it ready. 224 00:10:53,639 --> 00:10:59,919 This comes from Minorthwest dot com. Top Washington Democrats. Last 225 00:11:00,159 --> 00:11:04,799 minut bill would strip corporations of legal existence for opposing 226 00:11:05,000 --> 00:11:07,879 the income tax. Unions are exempted. 227 00:11:09,600 --> 00:11:10,279 Speaker 3: What does that mean? 228 00:11:10,559 --> 00:11:16,039 Speaker 1: It means that they could cancel your incorporation in Washington State. Sorry, 229 00:11:16,480 --> 00:11:18,720 you're not an LLC or a or in corporate or 230 00:11:18,759 --> 00:11:23,720 in nadiam or you're an individual. That's the bi. 231 00:11:25,039 --> 00:11:26,840 Speaker 3: What what would that enable I don't understand what that 232 00:11:26,919 --> 00:11:27,720 enables them to do. 233 00:11:27,639 --> 00:11:29,639 Speaker 1: Though, Well, if you're not a corporate, because. 234 00:11:29,480 --> 00:11:31,759 Speaker 3: An LLC is, because an LLC is a pass threadity. 235 00:11:31,799 --> 00:11:34,159 Speaker 4: Anyway, whatever you make it as an LLC counts as 236 00:11:34,279 --> 00:11:35,320 what you make as an individual. 237 00:11:35,480 --> 00:11:38,440 Speaker 1: But now your liability is gone. Now you've got it's 238 00:11:38,480 --> 00:11:40,519 now on you. There's no corporate shield. 239 00:11:41,559 --> 00:11:43,279 Speaker 3: The income tax yep. 240 00:11:43,399 --> 00:11:45,600 Speaker 1: If you as a company speak out against it, they're 241 00:11:45,600 --> 00:11:49,159 going to take away your corporation's legal existence. It does 242 00:11:49,200 --> 00:11:54,399 not legally exist. That's where you live? 243 00:11:55,279 --> 00:11:58,559 Speaker 3: Are they for? Everybody's gonna leave? They're just for that. 244 00:11:58,639 --> 00:12:02,840 This is nuts that. I don't know what what leverage 245 00:12:02,879 --> 00:12:05,159 do they think they have? I just this is crazy. 246 00:12:07,480 --> 00:12:10,639 Speaker 1: Amazon just sold another something like six buildings. Jeff Bezos 247 00:12:10,679 --> 00:12:13,759 sold his balls, A part of me, the globes, the orbits, 248 00:12:13,799 --> 00:12:17,559 incent they're gone. You've had Facebook move outs, You've had 249 00:12:17,600 --> 00:12:21,480 Google move outs. Microsoft doesn't have a footprint in Seattle anymore, 250 00:12:22,000 --> 00:12:24,639 and now they've moved to Redmond. But now it's Washington State. 251 00:12:25,639 --> 00:12:27,600 Speaker 4: Yeah, so I'm gonna call I'm gonna I'm gonna get 252 00:12:27,600 --> 00:12:29,720 in touch with our attorneys today and just tell them 253 00:12:29,720 --> 00:12:33,360 I got to reincorporate the business somewhere else because I'm 254 00:12:33,399 --> 00:12:34,120 not gonna quit stand. 255 00:12:34,159 --> 00:12:35,360 Speaker 3: I'm not gonna quit talking about it. 256 00:12:36,200 --> 00:12:37,600 Speaker 1: Yeah. 257 00:12:37,799 --> 00:12:40,159 Speaker 4: Yeah, So I got to start moving this right away. 258 00:12:40,240 --> 00:12:43,360 That this is unbelievable. The one thing that I like 259 00:12:43,440 --> 00:12:46,320 about that is that seems like something that the federal 260 00:12:46,320 --> 00:12:48,159 government can actually step in and interfere with. 261 00:12:50,600 --> 00:12:51,960 Speaker 3: Well, the Supreme Court. 262 00:12:51,799 --> 00:12:56,279 Speaker 4: Might maybe, but now I don't think the Supreme Court 263 00:12:56,399 --> 00:12:58,840 is gonna say anything about the cab games and the 264 00:12:58,879 --> 00:13:03,039 sales tax because they shouldn't. Right, if a state legislature 265 00:13:03,080 --> 00:13:05,480 wants to slip their own throat, the Supreme Court shouldn't 266 00:13:05,480 --> 00:13:07,960 stop them. But if you're gonna sit there and say 267 00:13:07,960 --> 00:13:11,720 you're gonna take away in corporation because people speak out, again, 268 00:13:11,799 --> 00:13:15,240 that is a direct assault on free speech period, like 269 00:13:15,279 --> 00:13:18,519 the one with that, you know, I mean, that is 270 00:13:18,679 --> 00:13:20,639 absolutely an assault on free speech. 271 00:13:20,679 --> 00:13:23,200 Speaker 1: Well, but keep in mind you have an investigation. There's 272 00:13:23,240 --> 00:13:27,279 eight investigations against Sheriff Keith Swank in your Peers County 273 00:13:27,440 --> 00:13:30,759 for things he said, and they want him removed as 274 00:13:30,799 --> 00:13:32,679 sheriff for things he said like a man is not 275 00:13:32,720 --> 00:13:37,039 a woman and in your separate country. They also have 276 00:13:37,120 --> 00:13:39,320 a hate speech bill where you can law where you 277 00:13:39,360 --> 00:13:41,679 can report someone for hate speech and it will be investigated. 278 00:13:41,879 --> 00:13:45,639 And they're trying to attach findes to that so community 279 00:13:45,639 --> 00:13:48,080 activists can go they can find you. Now this is 280 00:13:48,080 --> 00:13:51,320 the plan. Well, look this The reason I talk about 281 00:13:51,320 --> 00:13:54,159 this is not because I forget we don't live there anymore, 282 00:13:54,440 --> 00:13:56,960 or that the show's not national and international. Guys, if 283 00:13:56,960 --> 00:13:58,799 you're outside of Washington, go and herman. This is the 284 00:13:58,840 --> 00:14:00,919 second time you talked about Washing this week. I'll tell 285 00:14:00,919 --> 00:14:03,559 you why. Because it's the laboratory for every form of 286 00:14:03,559 --> 00:14:06,440 evil like this, and it's coming to where you live. 287 00:14:07,279 --> 00:14:09,080 They're going to make attempts like this. We need to 288 00:14:09,120 --> 00:14:12,000 talk about something else in way of malfeasans and government. 289 00:14:12,000 --> 00:14:15,399 And this doesn't make me happy because I want to 290 00:14:15,440 --> 00:14:17,799 believe that President Trump is going to get it right. 291 00:14:18,879 --> 00:14:21,639 I'm deeply frustrated with him. I've developed a level of 292 00:14:21,679 --> 00:14:23,919 Trump fatigue right now, nowhere near as much fatigue as 293 00:14:23,960 --> 00:14:27,240 I have with Johnny Thune. Watching this cat pretend they 294 00:14:27,320 --> 00:14:33,519 can't pass the Save Act that Eric Trump and Donald 295 00:14:33,559 --> 00:14:36,320 Trump Junior invested twenty five million in a drone company 296 00:14:36,320 --> 00:14:39,480 called Power Us. The Pentagon is now warworth Iran. The 297 00:14:39,559 --> 00:14:44,080 Pentagon needs drones. Power sells drones to the Pentagon, and 298 00:14:44,120 --> 00:14:49,799 the President wisely banned the DoD from using drones made 299 00:14:49,799 --> 00:14:52,559 in China. That's why they could not do that, because 300 00:14:52,720 --> 00:14:55,799 China is a geopolitical opponent and one day will be 301 00:14:55,919 --> 00:15:00,879 enemies of ours. But I'm really sorry. I hate to 302 00:15:00,919 --> 00:15:03,519 say this because people can say it runs a file 303 00:15:03,600 --> 00:15:08,279 of free commerce. Can we all agree that the President's families, 304 00:15:08,799 --> 00:15:12,720 his nuclear family, has no business purchasing this much stock 305 00:15:12,799 --> 00:15:15,919 in a company a couple of weeks before the President's 306 00:15:16,240 --> 00:15:20,360 announces that we are going to go go bomb Iran 307 00:15:20,519 --> 00:15:21,159 using drones. 308 00:15:24,120 --> 00:15:24,360 Speaker 2: Yeah. 309 00:15:24,480 --> 00:15:32,679 Speaker 4: I you know, we talk about leverage and you talk 310 00:15:32,720 --> 00:15:37,759 about moral authority, and I look at what existential threats 311 00:15:37,799 --> 00:15:41,480 this country is facing. And it is shocking and it 312 00:15:41,559 --> 00:15:45,360 is distasteful to me that guys that are in such 313 00:15:45,399 --> 00:15:51,639 a position two to mitigate this right, to stop it, 314 00:15:51,720 --> 00:15:57,480 to push back, are worried about ROI rather than us 315 00:15:57,600 --> 00:16:00,720 a right. And at the end of the day, you 316 00:16:00,720 --> 00:16:03,960 can color it however you want to right the question, 317 00:16:04,000 --> 00:16:08,519 I would say is, guys, does this investment weaken or 318 00:16:08,559 --> 00:16:12,200 strengthen your moral authority in this matter? It weakens it? 319 00:16:12,360 --> 00:16:15,919 What are you doing? One quick litmus test? Does this 320 00:16:16,000 --> 00:16:19,840 weaken or strengthen your moral authority? Because we need all 321 00:16:19,879 --> 00:16:23,000 of it in the current environment, right, we need all 322 00:16:23,080 --> 00:16:26,720 of it. We can't afford you at seventy percent? What 323 00:16:27,000 --> 00:16:29,240 on earth are you doing? 324 00:16:30,200 --> 00:16:34,159 Speaker 3: Right? And it's it's a big letdown. And I'll tell 325 00:16:34,159 --> 00:16:34,480 you what. 326 00:16:37,279 --> 00:16:40,519 Speaker 4: Not on the side of morality, but in terms of 327 00:16:40,600 --> 00:16:45,480 thinking things through. You know, I haven't wanted to be 328 00:16:45,720 --> 00:16:47,919 and I am not saying this in a way to 329 00:16:47,960 --> 00:16:50,600 look at me. Oh we're getting but we've been dead 330 00:16:50,720 --> 00:16:53,120 right about how everything's playing out in Iran for the 331 00:16:53,159 --> 00:16:57,240 same reasons. I can't figure out whether Trump is he 332 00:16:57,279 --> 00:16:59,320 getting bad advice from people around him. 333 00:16:59,519 --> 00:16:59,879 Speaker 3: I don't. 334 00:17:00,080 --> 00:17:02,879 Speaker 4: I don't understand how they're making decisions right now, that's 335 00:17:02,879 --> 00:17:04,440 a perfect let's start here. 336 00:17:04,519 --> 00:17:06,759 Speaker 1: Let's start with this topic and then let's expand into 337 00:17:06,759 --> 00:17:10,839 the Iran discussion. Okay, so what do we know biblically? 338 00:17:11,720 --> 00:17:16,440 How would how might God view the president's letting his 339 00:17:16,599 --> 00:17:20,279 sons purchase this amount of twenty five million dollars ownership 340 00:17:20,640 --> 00:17:24,400 in a drone company weeks before we start using drones 341 00:17:24,440 --> 00:17:28,519 to attack Iran? Is if God views does he view 342 00:17:28,559 --> 00:17:33,240 that as Donald Trump and R Crump's money? No, it's his? 343 00:17:33,640 --> 00:17:37,039 Speaker 4: No, yeah, yeah, so and even more so because of 344 00:17:37,079 --> 00:17:39,279 what The other thing that we know about God is 345 00:17:39,319 --> 00:17:43,359 that when he puts responsibility under you and you accept 346 00:17:43,400 --> 00:17:46,920 that responsibility, you're now playing by a different set of rules. 347 00:17:46,960 --> 00:17:49,880 That's part and parcel, meaning what's good for the goose 348 00:17:49,920 --> 00:17:50,920 is no longer what's. 349 00:17:50,720 --> 00:17:52,559 Speaker 3: Good for the gander. The goose is held to higher 350 00:17:52,640 --> 00:17:54,319 standard period. End of story. 351 00:17:54,400 --> 00:17:56,839 Speaker 1: Right to whom man, I'm looking much as expected. 352 00:17:57,039 --> 00:17:58,799 Speaker 3: And I'm sitting there going, you guys are doing stuff 353 00:17:58,799 --> 00:17:59,519 I can't get away with. 354 00:18:00,480 --> 00:18:02,960 Speaker 1: Yeah, And as a as a fiduciary who runs an 355 00:18:03,000 --> 00:18:06,079 investment fund, you in fact could not get away with 356 00:18:06,200 --> 00:18:09,880 purchasing twenty five million dollars in a drone company two 357 00:18:09,960 --> 00:18:12,799 weeks before that drone company went public, or even having 358 00:18:13,279 --> 00:18:15,920 you could be suspect if you had me do it. 359 00:18:17,119 --> 00:18:19,400 I'm a client. If you called me and said, hey, Todd, 360 00:18:19,400 --> 00:18:21,519 purchase twenty five million in this like you know, because Zach, 361 00:18:21,559 --> 00:18:23,119 I've got that twenty five million sitt around him and 362 00:18:23,160 --> 00:18:24,319 trying to bug you in what I'm going to do 363 00:18:24,319 --> 00:18:26,720 with this. It's sitting over here right just behind me. 364 00:18:26,880 --> 00:18:31,200 Speaker 4: I if I was the friend of Eric or Donald 365 00:18:31,279 --> 00:18:34,920 Trump in my position, I probably would not be allowed 366 00:18:34,920 --> 00:18:38,599 to invest in this, really, probably. 367 00:18:38,200 --> 00:18:40,400 Speaker 3: Because then that would put me that would give me. 368 00:18:40,440 --> 00:18:44,759 Speaker 4: Access to inside information that isn't known and it's connected 369 00:18:44,799 --> 00:18:47,400 to somebody that is connected to the government. 370 00:18:47,680 --> 00:18:48,279 Speaker 3: Probably not. 371 00:18:48,400 --> 00:18:51,640 Speaker 4: I doubt I shouldn't. I'm ninety percent sure that that 372 00:18:51,680 --> 00:18:53,799 would not get through compliance. I wouldn't be able to invest. 373 00:18:53,880 --> 00:18:56,319 Speaker 1: Okay, So we know God views this as his money 374 00:18:56,319 --> 00:18:59,119 that he has given the Trumps the opportunity to steward. 375 00:19:00,200 --> 00:19:01,880 I would think that God would look at something like 376 00:19:01,920 --> 00:19:04,759 this and go, that's not honest weights and measures. We're 377 00:19:04,799 --> 00:19:07,480 told to use honest weights and measures. Right, There's a 378 00:19:07,519 --> 00:19:09,839 reason there's the whole Baker's Dozen things. They give people 379 00:19:09,880 --> 00:19:13,839 thirteen slices of bread instead of twelve. Our roles pardoning, 380 00:19:14,640 --> 00:19:17,240 So God can't. I don't think God can sponsor this, 381 00:19:17,480 --> 00:19:19,400 And that moves us into this discussion that if you 382 00:19:19,440 --> 00:19:22,880 wanted to talk about Iran and this position in Iran. 383 00:19:23,440 --> 00:19:24,880 I have a lot of people who've come to me 384 00:19:24,920 --> 00:19:28,960 and said we are as Christians, we are biblically obligated 385 00:19:29,000 --> 00:19:33,640 to bomb Iran. And I have trouble with that because 386 00:19:33,680 --> 00:19:37,359 I do not believe that the Israel, the nation state, 387 00:19:37,799 --> 00:19:40,960 is a godly state. I know that the government of 388 00:19:40,960 --> 00:19:42,599 Iran is not godly. But then again, what did we 389 00:19:42,680 --> 00:19:46,319 just talk about with our president and his sons were 390 00:19:46,359 --> 00:19:49,039 the godly ones here? And you think when you said 391 00:19:49,160 --> 00:19:52,279 you predicted what was going to go on in Iran correctly, 392 00:19:52,440 --> 00:19:54,240 that God gave you that insight? What did you mean 393 00:19:54,279 --> 00:19:54,559 by that? 394 00:19:56,480 --> 00:19:58,720 Speaker 4: What I meant is that there is a game of 395 00:19:58,759 --> 00:20:02,359 obfuscation going on right now that is incredibly intentional, and 396 00:20:02,400 --> 00:20:05,400 it's meant it's being meant to mislead everybody. Now, there's 397 00:20:05,400 --> 00:20:07,759 a part of it where you have to do that, 398 00:20:07,960 --> 00:20:10,480 and I've pushed back against other people where I'm like, guys, 399 00:20:10,519 --> 00:20:13,319 you're conducting a war. I don't expect Pete Haig Seth 400 00:20:13,359 --> 00:20:14,880 and Donald Trump to come out and tell us all 401 00:20:14,920 --> 00:20:17,079 the details of what's going on. You're right, there's that part. 402 00:20:18,000 --> 00:20:21,200 But here here is what is evident. And I have 403 00:20:21,279 --> 00:20:23,960 talked to I have talked to people in the know 404 00:20:24,079 --> 00:20:26,640 about this. I have talked to people that are plugged 405 00:20:26,640 --> 00:20:32,000 in extraordinarily high up in the military. And I do 406 00:20:32,079 --> 00:20:37,640 not say this half cocked, but the characterization of this war. 407 00:20:37,720 --> 00:20:40,279 First of all, I agree with you and anybody that 408 00:20:40,319 --> 00:20:44,000 has spent any time studying Zionism. And when I say Zionism, 409 00:20:44,039 --> 00:20:46,240 it's not a it's not a buzzword, it's not an 410 00:20:46,240 --> 00:20:48,200 anti My last name is Abraham, for crying out loud. 411 00:20:48,240 --> 00:20:52,599 I grew up celebrating Jewish holidays, so the least anti 412 00:20:52,640 --> 00:20:56,039 Semitic person in the world. But the beginning of Zionism 413 00:20:56,160 --> 00:21:00,599 was basically agnostic. It wasn't there wasn't religious links to it. 414 00:21:00,599 --> 00:21:04,480 It was all about and you understand why the Jews 415 00:21:04,480 --> 00:21:07,599 were tired of getting chased out barely by the skin 416 00:21:07,640 --> 00:21:10,240 of their teeth from every European country they ever lived in. 417 00:21:10,400 --> 00:21:11,440 Speaker 3: Right, they were tired of running. 418 00:21:11,480 --> 00:21:13,440 Speaker 1: That's that horrible thing about the Holocaust, And. 419 00:21:13,359 --> 00:21:17,200 Speaker 4: That was right, right, yeah, yeah, And so and then 420 00:21:17,240 --> 00:21:21,440 that movement started, that Zionist movement into into what is 421 00:21:21,480 --> 00:21:25,480 nowaday you know, Palestine and Israel, that started just after 422 00:21:25,519 --> 00:21:28,599 World War One, right nineteen eighteen, And that's that's when 423 00:21:28,640 --> 00:21:31,960 you first started it. And then obviously it started really 424 00:21:32,000 --> 00:21:34,519 accelerated after World War Two in nineteen forty eight and all. 425 00:21:34,480 --> 00:21:37,079 Speaker 3: The stuff we know. But Zionism was agnostic. 426 00:21:37,160 --> 00:21:39,000 Speaker 4: So when you have a when you have a government 427 00:21:39,079 --> 00:21:43,359 built on agnosticism, that's not the people of Israel, that's 428 00:21:43,359 --> 00:21:45,720 not God's chosen to be. These are two different These 429 00:21:45,720 --> 00:21:49,240 are two different entities. Right, Like God never said, hey, 430 00:21:49,759 --> 00:21:53,079 you need to do whatever the elected official of an 431 00:21:53,160 --> 00:21:57,920 agnostic government regime is that currently happens to be in 432 00:21:58,039 --> 00:22:00,279 charge of the land that we call Israel. Some of 433 00:22:00,279 --> 00:22:02,880 the Bible said, right, the Bible said to honor and 434 00:22:02,920 --> 00:22:06,559 protect my chosen people. Okay, that does not mean that 435 00:22:06,599 --> 00:22:09,680 we have to stand up behind and rubber stamp every 436 00:22:09,720 --> 00:22:12,480 single thing that the Prime Minister of Israel does. So 437 00:22:13,079 --> 00:22:16,799 do I think that one of the things that is 438 00:22:16,920 --> 00:22:21,720 benefit America morally is our defense of Israel at times? Absolutely, 439 00:22:22,279 --> 00:22:24,440 and I think that we should defend them as the 440 00:22:24,480 --> 00:22:27,640 only functioning democracy in that part of the world. But 441 00:22:27,839 --> 00:22:32,519 defending Israel doesn't necessarily mean conducting an offensive war against 442 00:22:32,599 --> 00:22:36,039 somebody else. Now, I don't even need to litigate that 443 00:22:36,160 --> 00:22:38,480 because as a guy with the last name Abraham who 444 00:22:38,559 --> 00:22:42,279 grew up celebrating Jewish holidays, the regime they're taking out 445 00:22:42,319 --> 00:22:46,519 in Iran is horrific. They're horrific, They're horrible, right, they're 446 00:22:46,559 --> 00:22:50,960 evil people. But here's the issue that we're in right now. 447 00:22:51,039 --> 00:22:56,440 And I don't hear anybody, barely anybody categorizing this war correctly. 448 00:22:57,799 --> 00:22:59,480 Everybody's talking about military. 449 00:22:59,599 --> 00:23:01,240 Speaker 3: We can do this, we can do that. Of course 450 00:23:01,240 --> 00:23:03,559 we can. We can do anything we want to militarily. 451 00:23:03,599 --> 00:23:06,640 Speaker 4: As it relates Iran, That's not the question, nor has 452 00:23:06,680 --> 00:23:09,880 it ever been the question. The only leverage point the 453 00:23:09,920 --> 00:23:12,839 Iranians have is the strait of hor moves. And I 454 00:23:12,880 --> 00:23:15,640 have said from the beginning and I'll continue to say it, 455 00:23:16,039 --> 00:23:20,599 they can and will keep it closed. They just saw 456 00:23:20,680 --> 00:23:23,720 Trump backpedal over the weekend when oil hit one thirty. 457 00:23:24,599 --> 00:23:28,359 If you're the Iranian regime and Trump's floating ideas of 458 00:23:28,400 --> 00:23:31,319 stopping this war, are you gonna stop because he stops 459 00:23:31,400 --> 00:23:32,200 dropping bombs. 460 00:23:32,279 --> 00:23:32,559 Speaker 3: I'm not. 461 00:23:33,799 --> 00:23:36,200 Speaker 4: I'm gonna look at him and say, we will not 462 00:23:36,480 --> 00:23:39,440 open the straight until you guarantee us you're not coming 463 00:23:39,440 --> 00:23:42,160 in again. We want reparations, we want you to pay 464 00:23:42,200 --> 00:23:45,319 for everything you've blown up, and we want the removal 465 00:23:45,359 --> 00:23:48,400 of sanctions. And we ain't opened the straight until. 466 00:23:48,160 --> 00:23:48,599 Speaker 3: We get it. 467 00:23:49,680 --> 00:23:53,000 Speaker 1: And if they don't open the Straight, then the president 468 00:23:53,119 --> 00:23:57,599 has two choices. It's then boots on the ground to 469 00:23:57,720 --> 00:24:00,559 go in with our soldiers, putting the're blood on the 470 00:24:00,599 --> 00:24:04,960 line again, and then it is a war for oil, yep, right, 471 00:24:05,400 --> 00:24:05,640 or you. 472 00:24:05,720 --> 00:24:09,160 Speaker 4: Risk ships, or you risk ships, which results in the 473 00:24:09,200 --> 00:24:11,799 exact same thing. Right, they sink a destroyer, We're putting 474 00:24:11,799 --> 00:24:14,640 boots on the ground, right, Like, that's that's just the 475 00:24:14,640 --> 00:24:17,119 way it goes. So here's the deal. The other thing 476 00:24:17,200 --> 00:24:19,599 we can control the straight. Guys, it's been shut for 477 00:24:19,640 --> 00:24:22,960 eleven days, you know, no, twelve days. Now, that's two 478 00:24:23,119 --> 00:24:27,160 hundred and forty million barrels that have been taken offline. 479 00:24:27,240 --> 00:24:29,079 Speaker 3: Okay, that is massive. 480 00:24:29,359 --> 00:24:32,720 Speaker 4: The world release, the biggest spr release in his history 481 00:24:32,720 --> 00:24:35,160 is four hundred million barrels. That's not even half of 482 00:24:35,200 --> 00:24:38,720 what's yeah, yeah, that's not even half of what has 483 00:24:38,759 --> 00:24:42,200 been taken offline so far. The other thing nobody's talking about, 484 00:24:42,440 --> 00:24:44,480 the world needs a hundred million barrels of oil a 485 00:24:44,559 --> 00:24:47,799 day to operate. Okay, not only has this stacked up 486 00:24:47,880 --> 00:24:50,240 and you've got two hundred and forty million off line. 487 00:24:50,400 --> 00:24:52,519 Speaker 3: No, excuse me, it's way more worse than that. No, 488 00:24:52,680 --> 00:24:54,920 it's twenty million a day that's been offline. Okay. 489 00:24:55,039 --> 00:24:58,079 Speaker 4: The other thing is because of the backing up on supplies, 490 00:24:58,480 --> 00:25:01,480 You've got five million barrels of production shut in already. 491 00:25:01,720 --> 00:25:02,000 Speaker 3: Okay. 492 00:25:02,039 --> 00:25:04,519 Speaker 4: So the world isn't even making enough oil for what 493 00:25:04,559 --> 00:25:06,319 we need now, all right. 494 00:25:06,599 --> 00:25:09,839 Speaker 3: So the price of oil you see right now. 495 00:25:09,680 --> 00:25:12,200 Speaker 4: Is completely artificial. They're sitting on the price of oil. 496 00:25:12,400 --> 00:25:15,119 It shouldn't be controversial. They said they were gonna address 497 00:25:15,160 --> 00:25:17,680 it in the future's markets. They are sitting on the 498 00:25:17,720 --> 00:25:20,039 price of oil right now. You can only do this 499 00:25:20,119 --> 00:25:22,599 so long, and I will pose the question to you, 500 00:25:22,640 --> 00:25:25,039 and I don't have an answer for this, okay, But 501 00:25:25,160 --> 00:25:25,960 you are Iran. 502 00:25:26,480 --> 00:25:28,880 Speaker 3: You have way less to lose than you did two 503 00:25:28,880 --> 00:25:33,200 weeks ago. Right, Yep, We're gonna bomb you to smither. 504 00:25:33,319 --> 00:25:35,599 Rings you already have. We're gonna take out your control, 505 00:25:36,079 --> 00:25:39,440 the people the top you already have. Okay. If your Iran, 506 00:25:40,119 --> 00:25:44,559 why are you relenting again? Over the weekend? Trump just 507 00:25:44,599 --> 00:25:45,920 backed off over one thirty. 508 00:25:46,480 --> 00:25:48,119 Speaker 4: If I'm Iran, I look at him and I go, 509 00:25:48,160 --> 00:25:49,680 don't even pick up the phone until the oil is. 510 00:25:49,640 --> 00:25:52,799 Speaker 3: At one fifty. Why would you? Why would you? 511 00:25:52,759 --> 00:25:55,920 Speaker 4: You're negotiating against yourself you know that time is on 512 00:25:55,960 --> 00:25:58,480 your side, you know, Mma Todd, They've got a sin a. 513 00:25:58,519 --> 00:26:02,039 Speaker 3: Rear naked choke and people go, God, SAYNTI American? 514 00:26:02,119 --> 00:26:04,640 Speaker 4: No, it's not. That's American to admit the reality of 515 00:26:04,680 --> 00:26:06,079 the situation we're currently in. 516 00:26:06,200 --> 00:26:08,200 Speaker 1: So we would either have to go in from your 517 00:26:08,240 --> 00:26:10,799 analysis and I'll be interested to hear what Tim says. 518 00:26:10,839 --> 00:26:12,640 You know you are you and our mutual friends as 519 00:26:12,640 --> 00:26:15,839 Tim Crookshank, a former Navy c who's done three deployments there, 520 00:26:16,480 --> 00:26:19,720 my friend Michael Rourke, special Forces operative who also did 521 00:26:19,720 --> 00:26:22,480 a bunch of deployments there. They're looking at this from 522 00:26:22,519 --> 00:26:26,480 a perspective of servicemen who lost buddies and brothers there, 523 00:26:26,839 --> 00:26:28,559 and some of the things they're saying Zach is well, 524 00:26:28,640 --> 00:26:32,200 you know what, finally we're able to go win. Finally, 525 00:26:32,319 --> 00:26:35,000 if you're right, you know what. And as brothers, we 526 00:26:35,119 --> 00:26:36,920 never got to go do what we could do a 527 00:26:37,119 --> 00:26:41,119 we're always hamstring by Washington d C. Attorneys. Finally we 528 00:26:41,200 --> 00:26:43,599 get to go take out the ship Muslims, who are 529 00:26:43,839 --> 00:26:46,599 horrible people. They were the ones who who went and 530 00:26:46,640 --> 00:26:50,400 abused women, et cetera, and cut off heads. We're finally 531 00:26:50,440 --> 00:26:52,799 getting to do that, so they're looking at that perspective 532 00:26:53,000 --> 00:26:55,839 that I hear you saying as a Christian man who 533 00:26:55,920 --> 00:26:58,240 doesn't want this war, be as a guy who grew 534 00:26:58,319 --> 00:27:01,119 up in going to Jewish holidays. Last name Abraham, Zacha Abraham. 535 00:27:01,160 --> 00:27:04,640 After all, I hear your analysis being our choice is 536 00:27:05,359 --> 00:27:07,480 to go do the thing we always say we could do. Hey, 537 00:27:07,559 --> 00:27:09,880 guess what, guys, We're gonna turn your country into glass. 538 00:27:10,359 --> 00:27:12,880 We're gonna move in a bunch of Americans, American oil 539 00:27:12,880 --> 00:27:16,039 companies are taken in. None of you are gonna exist anymore. 540 00:27:16,359 --> 00:27:18,400 We're gonna take it over and then slowly give it 541 00:27:18,400 --> 00:27:21,480 back to the Iranian people. Or President Trump saying okay, 542 00:27:21,559 --> 00:27:24,240 I will start backing off when we get to a 543 00:27:24,240 --> 00:27:25,359 buck fifty per gallon. 544 00:27:26,440 --> 00:27:27,240 Speaker 3: Well yeah. 545 00:27:27,279 --> 00:27:30,559 Speaker 4: And the reason the reason I'm saying this and I 546 00:27:30,599 --> 00:27:34,279 agree with, like, I'm not saying that we shouldn't do this. 547 00:27:35,119 --> 00:27:40,079 What I'm saying is Trump's reaction to one thirty scared me, okay, 548 00:27:40,119 --> 00:27:43,440 And it scared me for this reason. If you're going 549 00:27:43,599 --> 00:27:46,519 to do this, you have to know oil's going to 550 00:27:46,599 --> 00:27:47,680 one fifty two hundred. 551 00:27:47,680 --> 00:27:47,920 Speaker 1: Okay. 552 00:27:48,200 --> 00:27:48,799 Speaker 3: So when he. 553 00:27:48,880 --> 00:27:50,839 Speaker 4: Freaked out at one thirty, I sat there and I went, 554 00:27:50,880 --> 00:27:53,799 wait a second. Your stop loss on this thing is 555 00:27:53,839 --> 00:27:56,799 one thirty. Who told you we could get out of 556 00:27:56,839 --> 00:27:59,680 here at one thirty? They're gonna shut the Straight of 557 00:27:59,720 --> 00:28:02,480 Horror moves if they can keep it shut three to 558 00:28:02,559 --> 00:28:03,119 four weeks. 559 00:28:03,119 --> 00:28:05,799 Speaker 3: You're looking at two hundred plus oil. It just is 560 00:28:05,839 --> 00:28:06,440 what it is. 561 00:28:06,880 --> 00:28:10,880 Speaker 4: So I'm not saying I don't disagree with him. I'm 562 00:28:10,960 --> 00:28:14,039 just looking at Trump going, you're not making any sense here. 563 00:28:14,440 --> 00:28:16,960 This shouldn't be bothering you at all. You had to 564 00:28:17,119 --> 00:28:19,079 know you were going to one fifty to two hundred. 565 00:28:19,119 --> 00:28:21,240 Speaker 1: Well he bluffed and came out and said, well, gas 566 00:28:21,240 --> 00:28:24,480 prices go up, they go up, but then they went up, 567 00:28:24,720 --> 00:28:26,480 and so we had this retreat. So let me ask 568 00:28:26,519 --> 00:28:29,640 you something. Then you have the fund manager hat at Bulwark. 569 00:28:30,359 --> 00:28:34,880 You wear at all times the mantle of ambassador for 570 00:28:34,920 --> 00:28:36,960 the Lord Jesus. We both try to I don't know 571 00:28:37,000 --> 00:28:40,480 that I don't succeed in doing that all the time. Same, okay, 572 00:28:40,519 --> 00:28:43,480 So you manage my money most of my money. Can 573 00:28:43,519 --> 00:28:50,400 we as Christian men, steward our money as godly people 574 00:28:51,279 --> 00:28:55,200 and make money for our portfolios because of this war? 575 00:28:57,000 --> 00:28:59,519 Speaker 3: So for me, that answer is very very simple. 576 00:29:01,119 --> 00:29:03,480 Speaker 4: God has put me in the place and made me 577 00:29:03,519 --> 00:29:06,559 the fiduciary of the people's money to use every bit 578 00:29:06,720 --> 00:29:11,279 of talent, resource, thought, everything that he's given me to 579 00:29:11,400 --> 00:29:13,759 do the best I can from my clients and protect 580 00:29:13,839 --> 00:29:17,160 them financially. So my average client right now is exposed 581 00:29:17,200 --> 00:29:21,279 to twenty five percent crude, and that's through different producers, 582 00:29:21,319 --> 00:29:25,160 different things like that. That is me protecting them. I'm 583 00:29:25,160 --> 00:29:28,400 not looking at as a way. I hope those crude 584 00:29:28,559 --> 00:29:31,359 and I mean this honestly. I hope those crude investments 585 00:29:31,440 --> 00:29:34,240 are our worst performing stocks in the portfolio this year. 586 00:29:34,400 --> 00:29:37,039 I do, But it is my job to protect those 587 00:29:37,079 --> 00:29:40,640 clients from all things financial, and that's where I leave 588 00:29:40,720 --> 00:29:43,440 my geopolitical assessment hat on the side, right, I'm not 589 00:29:43,480 --> 00:29:45,839 going to invest in things that are immoral. Owning oil 590 00:29:45,920 --> 00:29:48,720 to protect my clients from increasing costs of living is 591 00:29:48,759 --> 00:29:49,319 not immoral. 592 00:29:49,519 --> 00:29:54,039 Speaker 3: That's responsible. So for me, it's very easy. 593 00:29:54,440 --> 00:29:57,240 Speaker 4: Do I understand if other people have a moral compunction 594 00:29:57,279 --> 00:30:00,039 if they're managing their own money, Sure, I just I 595 00:30:00,039 --> 00:30:02,799 don't see it that way. Just because men are going 596 00:30:02,880 --> 00:30:04,920 to do what men do. People are going to make 597 00:30:05,039 --> 00:30:07,720 decisions that are going to have impacts. My job is 598 00:30:07,759 --> 00:30:11,279 to protect my clients financially from those impacts and hopefully 599 00:30:11,319 --> 00:30:12,039 to benefit them. 600 00:30:12,160 --> 00:30:15,240 Speaker 1: So then for me, So Donald Trump and Junior or 601 00:30:15,279 --> 00:30:18,240 Donald Trump junior, Eric Trump might come to you and say, oh, okay, 602 00:30:18,960 --> 00:30:21,279 oh I see, okay, it's okay for you to invest 603 00:30:21,279 --> 00:30:24,799 your client's money and crude and that's a godly thing, 604 00:30:24,839 --> 00:30:26,759 but it's not okay for us to buy drone stock. 605 00:30:27,799 --> 00:30:31,000 Speaker 3: Well, did you invest the country's money into dronestock or 606 00:30:33,480 --> 00:30:35,799 right right right? And soose that preferred stock. 607 00:30:35,880 --> 00:30:38,000 Speaker 4: If the US people own that preferred stock, then I 608 00:30:38,039 --> 00:30:39,079 don't have any problem with it. 609 00:30:39,200 --> 00:30:42,039 Speaker 1: Yeah. And secondly, I don't think any of us were 610 00:30:42,119 --> 00:30:45,000 doubting that the US was posturing for war, but I 611 00:30:45,039 --> 00:30:46,279 don't think we knew it was going to start in 612 00:30:46,279 --> 00:30:47,839 two weeks, and I don't think we need it to 613 00:30:47,880 --> 00:30:48,480 be at this level. 614 00:30:49,160 --> 00:30:51,279 Speaker 3: And the contingency I just the choke point. 615 00:30:51,319 --> 00:30:54,400 Speaker 4: And I hear people talking about like military capability, and 616 00:30:54,440 --> 00:30:57,759 you're like, guys, was there was never a question about 617 00:30:57,839 --> 00:31:00,200 could we There's never there's never been a quest us 618 00:31:00,279 --> 00:31:03,079 in my mind about could we open the strait? The 619 00:31:03,200 --> 00:31:07,759 question is at what cost? And I've never thought Trump 620 00:31:07,920 --> 00:31:11,240 was willing to risk boots on the ground. And that's 621 00:31:11,319 --> 00:31:13,519 quite honestly why I didn't think we'd go into this 622 00:31:13,559 --> 00:31:18,000 Iran thing, because Iran is not an offensive threat. Iran, 623 00:31:18,359 --> 00:31:21,000 like my head of research says, Iran is good at 624 00:31:21,039 --> 00:31:24,880 being a porcupine, right. I didn't think we'd run up 625 00:31:24,920 --> 00:31:27,119 there with our jaws open and take a big bite. 626 00:31:27,160 --> 00:31:29,519 Speaker 3: And that's what we've done. Now we've got a mouthful 627 00:31:29,559 --> 00:31:32,400 of quills. Where do we go from here? I don't know. 628 00:31:32,480 --> 00:31:35,640 Speaker 4: This is a really nasty, sticky situation. And here's what 629 00:31:35,680 --> 00:31:39,079 I'll promise you. I will be shocked if Iran opens 630 00:31:39,119 --> 00:31:44,039 the strait without serious concessions or US putting troops on 631 00:31:44,079 --> 00:31:44,440 the ground. 632 00:31:44,440 --> 00:31:45,839 Speaker 3: I don't see another way around it. 633 00:31:45,960 --> 00:31:49,279 Speaker 1: Solid point, solid point. And I will continue this discussion 634 00:31:49,279 --> 00:31:53,519 with Zach Abraham, Chief Investmental Capital Management, And I do 635 00:31:53,599 --> 00:31:57,119 want to expand this into this this other discussion, Zach, 636 00:31:57,200 --> 00:31:59,519 and it has to do with what AI just did 637 00:31:59,519 --> 00:32:02,279 to Amazon on I mean, Amazon's leaving Seattle. Howard Schultz 638 00:32:02,400 --> 00:32:05,519 is leaving Seattle. But man, this note that went out 639 00:32:05,559 --> 00:32:11,039 to Amazon Prime developers, this that you've been warning about 640 00:32:11,039 --> 00:32:15,519 this for about a year. I'm hoping that sometime in 641 00:32:15,559 --> 00:32:17,599 the next thirty days, I get to have the people 642 00:32:17,599 --> 00:32:21,079 on from renew to talk about a research piece they've 643 00:32:21,079 --> 00:32:23,640 done to show that they're able to use stem cells 644 00:32:23,720 --> 00:32:26,920 and their treatments with stem cells to reverse type two diabetes. 645 00:32:28,039 --> 00:32:30,880 Part of me type one diabetes Type two is reversible 646 00:32:30,920 --> 00:32:35,759 through exergy, energy, exercise, CrossFit does this and good diet, 647 00:32:35,799 --> 00:32:38,920 et cetera. That's reversible type one diabetes that you're born with. 648 00:32:40,400 --> 00:32:42,880 They've been doing a study. It's in peer review, and 649 00:32:42,960 --> 00:32:44,640 Steve has promised to come on the show and talk 650 00:32:44,640 --> 00:32:45,319 about the results. 651 00:32:45,319 --> 00:32:45,480 Speaker 3: Here. 652 00:32:45,759 --> 00:32:47,279 Speaker 1: This is why I bet on these guys for my 653 00:32:47,359 --> 00:32:50,160 anti aging protocol that I'm going down for, because they're 654 00:32:50,160 --> 00:32:54,559 always investing in clean tech. Steve puts this stuff in 655 00:32:54,640 --> 00:32:56,960 his bodies. They do. I send friends down there, and 656 00:32:56,960 --> 00:32:58,440 my friend Mark is going down at the end of 657 00:32:58,440 --> 00:33:00,119 this month to get the use of his hand and 658 00:33:00,240 --> 00:33:03,000 back through through the stem cells. He's also looking at 659 00:33:03,000 --> 00:33:05,480 the anti aging protocol I'm going to do so. I'm 660 00:33:05,519 --> 00:33:08,880 not against being technical in medicine as long as it's 661 00:33:08,920 --> 00:33:12,079 actually real healthcare. If you're curious about the anti aging 662 00:33:12,119 --> 00:33:13,680 protocol and what it can do for you, just put 663 00:33:13,720 --> 00:33:15,720 in a phone call or better go to the website. 664 00:33:15,799 --> 00:33:19,440 Just should renew r e n ue dot Healthcare and say, hey, 665 00:33:19,440 --> 00:33:21,599 Tom talks about this anti aging protocol, what can you 666 00:33:21,640 --> 00:33:24,480 tell me about it. Understand this, it's not cheap. I mean, 667 00:33:24,519 --> 00:33:27,000 it's like a male clinic level investigation of your body 668 00:33:27,119 --> 00:33:28,640 and you come home with things that you can do 669 00:33:28,720 --> 00:33:30,319 at home, and they take care of a bunch of 670 00:33:30,359 --> 00:33:32,880 stuff while you're down there. But then again, aging poorly 671 00:33:33,000 --> 00:33:35,559 is very expensive. So go to renew r e n 672 00:33:35,680 --> 00:33:39,440 ue dot Healthcare. Zach and Note went out to Amazon 673 00:33:39,519 --> 00:33:43,480 developers and if I read this correctly, it's about ninety 674 00:33:43,640 --> 00:33:48,039 to ninety two percent of developers are gone. They trained 675 00:33:48,079 --> 00:33:51,400 their replacement, and the replacement is AI. The management said, 676 00:33:51,400 --> 00:33:54,119 this is one hundred percent part of our AI first development. 677 00:33:54,759 --> 00:33:58,960 My understanding is there are fourteen humans left in the 678 00:33:59,000 --> 00:34:03,440 technical world at Amazon Prime Video. They're responsible for running 679 00:34:03,440 --> 00:34:06,880 the whole thing. This looks to me like an Amazon 680 00:34:06,920 --> 00:34:09,519 dot com that at one point employed maybe one hundred 681 00:34:09,519 --> 00:34:12,880 and twenty thousand people or more. Sounds right right, And 682 00:34:13,079 --> 00:34:15,239 a lot of those people are in warehouses right now 683 00:34:15,800 --> 00:34:18,039 that this looks to me like a corporate office that 684 00:34:18,199 --> 00:34:19,880 used to be up on the heel and then went 685 00:34:19,880 --> 00:34:22,440 to downtown you might have had fifteen hundred people in 686 00:34:22,440 --> 00:34:25,360 that corporate office, a lot of them doing dev I 687 00:34:25,400 --> 00:34:27,719 would say, this looks more like a two hundred person 688 00:34:27,760 --> 00:34:30,079 corporate office. In a couple of years, where are you 689 00:34:30,159 --> 00:34:30,639 at with it? 690 00:34:32,960 --> 00:34:35,400 Speaker 3: I think it's going to be less than that, I 691 00:34:35,440 --> 00:34:39,119 meaning really less than two or three. Well, yeah, because 692 00:34:39,199 --> 00:34:40,639 you look at what so. 693 00:34:43,559 --> 00:34:46,760 Speaker 4: Washington just made itself probably one of the least desire no, 694 00:34:46,880 --> 00:34:49,519 probably the least desirable state in the entire country to 695 00:34:49,559 --> 00:34:50,239 open a business. 696 00:34:50,320 --> 00:34:53,199 Speaker 3: Yeah, because it's not just the issues you've got to 697 00:34:53,239 --> 00:34:53,559 deal with. 698 00:34:53,719 --> 00:34:57,960 Speaker 4: Is the business leader the highest tax, but you're what third, fourth, 699 00:34:58,000 --> 00:35:00,400 fifth in the state in terms of cost of life too, 700 00:35:01,679 --> 00:35:04,719 and you get seven months of rain. Like meaning, if 701 00:35:04,760 --> 00:35:07,960 you think about it, what reason does Amazon have to 702 00:35:08,079 --> 00:35:10,880 keep a presence in Seattle in the first place? They 703 00:35:10,960 --> 00:35:13,920 don't ye, Right, it's harder to get talent there. You 704 00:35:14,000 --> 00:35:15,880 got to pay them more because of the cost of living. 705 00:35:16,119 --> 00:35:17,480 You got to deal with an in you know, they 706 00:35:17,480 --> 00:35:21,199 got to trip over you know, drug needles and human 707 00:35:21,239 --> 00:35:24,079 excrement and homeless people on the way, and like what 708 00:35:24,079 --> 00:35:25,079 what's the point? 709 00:35:25,239 --> 00:35:25,440 Speaker 3: Right? 710 00:35:25,480 --> 00:35:27,760 Speaker 4: Like look at Starbucks, Like Starbucks have been such a 711 00:35:27,800 --> 00:35:30,480 stalwart they're out of there. You've taken away any reason 712 00:35:30,559 --> 00:35:33,280 to stay. I'm looking at that law they just passed 713 00:35:33,480 --> 00:35:36,159 in connection with the income tax. That law is going 714 00:35:36,239 --> 00:35:40,239 to expediate my my exit of the state. I just 715 00:35:40,320 --> 00:35:43,519 as a business person. And that's what these people don't understand. 716 00:35:43,840 --> 00:35:46,119 They look at it through their world of what you 717 00:35:46,280 --> 00:35:49,599 can afford and what you should and and and it's 718 00:35:50,199 --> 00:35:53,159 you're taking away my ability to run my business the 719 00:35:53,159 --> 00:35:55,639 way I see fit. And you and I have talked 720 00:35:55,639 --> 00:35:59,719 about this as well. There's another dynamic here that guys 721 00:35:59,800 --> 00:36:03,559 like me, small family owned businesses. You just raised my 722 00:36:03,639 --> 00:36:07,800 effective tax rate to fifty percent. Wow, at fifty percent, 723 00:36:07,880 --> 00:36:11,320 I don't own the business. I get all the liability. 724 00:36:11,400 --> 00:36:14,840 You share none of it, and we split profit. That's 725 00:36:14,880 --> 00:36:16,000 not me owning a business. 726 00:36:16,000 --> 00:36:17,239 Speaker 3: That's you. You. 727 00:36:17,239 --> 00:36:19,800 Speaker 4: You've got something better than ownership. I don't know what 728 00:36:19,880 --> 00:36:22,039 it is, but you can put me out of business 729 00:36:22,039 --> 00:36:24,519 anytime you want. You don't have to share in the 730 00:36:24,559 --> 00:36:27,320 expenses or the risks, but you get half the profit. 731 00:36:27,480 --> 00:36:28,880 Speaker 1: It's the ultimate passive income. 732 00:36:29,599 --> 00:36:33,079 Speaker 3: It's a moral that's absurd. Yeah, and so I'm not 733 00:36:33,119 --> 00:36:33,679 going to do it. 734 00:36:33,760 --> 00:36:38,920 Speaker 4: And so even people that aren't worried about the financial implications. 735 00:36:39,360 --> 00:36:41,239 You just finally get to a point where you go, 736 00:36:41,280 --> 00:36:42,119 why am I here? 737 00:36:43,360 --> 00:36:47,119 Speaker 3: Right? You don't want me here. They despise my values, 738 00:36:47,559 --> 00:36:51,840 They despise what I what I hold important? Right, They 739 00:36:51,880 --> 00:36:53,880 clearly don't care. Here's the other thing. 740 00:36:53,920 --> 00:36:55,719 Speaker 4: You want to look at them and go, how much 741 00:36:55,719 --> 00:36:58,039 of that tax money actually filters through? Do you know 742 00:36:58,079 --> 00:37:00,559 how many philanthropists you're push push out of this? 743 00:37:00,880 --> 00:37:04,239 Speaker 3: Gentlemen? I mean, I've thrown money around to the homeless 744 00:37:04,280 --> 00:37:05,840 issue and help different causes. 745 00:37:05,880 --> 00:37:08,920 Speaker 4: And then look you not only are you losing, this 746 00:37:08,960 --> 00:37:09,800 is gonna gut them. 747 00:37:10,280 --> 00:37:11,039 Speaker 3: This is nuts. 748 00:37:11,239 --> 00:37:15,159 Speaker 4: And the good news is is I think you've got 749 00:37:15,199 --> 00:37:16,360 a really high chance. 750 00:37:16,719 --> 00:37:17,960 Speaker 3: This is so bad. 751 00:37:18,400 --> 00:37:20,239 Speaker 4: I don't think it's going to take long to see 752 00:37:20,320 --> 00:37:23,159 the really negative impacts. You know the other thing they 753 00:37:23,280 --> 00:37:26,159 just put they they put together a two hundred million 754 00:37:26,760 --> 00:37:30,880 dollar marketing campaign to provide bonuses in marketing to get 755 00:37:30,880 --> 00:37:33,360 people to sign up to be cops. They have not 756 00:37:33,559 --> 00:37:37,320 had a single net new cop hired via that program. Incredible, 757 00:37:37,840 --> 00:37:41,000 And so you can't hire cops. Why would you would 758 00:37:41,000 --> 00:37:41,880 you want to be a cop. 759 00:37:41,679 --> 00:37:43,360 Speaker 3: In the state? I mean, are you kidding me? No? 760 00:37:43,480 --> 00:37:44,400 And that's nuts. 761 00:37:44,480 --> 00:37:48,559 Speaker 1: So the perfect setup is this. They create this tax, 762 00:37:48,719 --> 00:37:53,159 they tell people, we're considering a bill to cancel the 763 00:37:53,239 --> 00:37:56,679 legal existence of your business if you complain. That's coming 764 00:37:56,719 --> 00:37:59,960 on the heels of the capital gains tax, the contemplay 765 00:38:00,239 --> 00:38:03,480 of the unrealized capital gains tax, all these things coming 766 00:38:03,519 --> 00:38:06,840 at the same time. Then at the same moment, AI 767 00:38:07,679 --> 00:38:10,800 just took ninety two percent of Prime video jobs. And 768 00:38:11,400 --> 00:38:14,840 is there any reason anymore for for for Amazon to 769 00:38:14,840 --> 00:38:17,960 employ accountants and Washington? 770 00:38:18,239 --> 00:38:20,320 Speaker 3: No, not in Washington. Why would you right? 771 00:38:20,760 --> 00:38:23,480 Speaker 1: Because AI can do this all and this provides them 772 00:38:23,480 --> 00:38:25,880 the opportunity to say, why do we even need a 773 00:38:25,960 --> 00:38:29,239 corporate office. It's gonna be an incredible thing to behold 774 00:38:29,280 --> 00:38:32,360 and watch. And my advice to the people in Washington State, 775 00:38:32,440 --> 00:38:36,039 I said this when when when the leftists really took 776 00:38:36,079 --> 00:38:38,719 over Seattle and you had that lady back there I 777 00:38:38,840 --> 00:38:41,440 used to call the Bogwan tree Swant. Was that what 778 00:38:41,480 --> 00:38:45,159 I called her Bogwe tri Sawant seam Sewant, the Bogue 779 00:38:45,199 --> 00:38:48,760 tri Sawant because she was dealing what the Bogwan did 780 00:38:48,840 --> 00:38:51,800 in in Oregon and in bringing homeless people into their 781 00:38:51,840 --> 00:38:56,679 district to campaign for her and agitate for her bog Swan, 782 00:38:56,800 --> 00:39:00,800 I said, give them everything. Give it to them immediately, 783 00:39:01,039 --> 00:39:04,199 do not push back. They want a fifty percent income 784 00:39:04,239 --> 00:39:07,599 tax and saddle residence. Do it. They want to control 785 00:39:07,679 --> 00:39:11,280 the scheduling of employees and businesses that the employees get 786 00:39:11,320 --> 00:39:11,679 to decide. 787 00:39:11,719 --> 00:39:11,960 Speaker 3: Do it. 788 00:39:12,119 --> 00:39:15,079 Speaker 1: Give it to them. Fail fast, right, Let this all happen. 789 00:39:15,159 --> 00:39:17,760 So to the people in Washington State who are making 790 00:39:17,800 --> 00:39:21,119 noise about leading, do it. You care about your former 791 00:39:21,159 --> 00:39:25,320 home state, do it? Do not wait leave, Make them 792 00:39:25,400 --> 00:39:28,519 see this and then watch them try to backpedal out 793 00:39:28,519 --> 00:39:32,119 of it. Now, just keep in mind Zaron Mundani when 794 00:39:32,159 --> 00:39:34,440 he came out with his new tax package and his 795 00:39:34,519 --> 00:39:38,960 free bus rides and his free lunch and free everything. Remember, 796 00:39:39,119 --> 00:39:42,559 he has a bill in New York that he believes 797 00:39:42,599 --> 00:39:45,079 he can tax an entity that leaves for the next 798 00:39:45,119 --> 00:39:49,199 two years. That it's not just an exit tax, but 799 00:39:49,280 --> 00:39:51,920 your income wherever you're at for the next two years 800 00:39:52,159 --> 00:39:55,480 is partially his because you built your company in New York. 801 00:39:55,559 --> 00:39:56,880 He's trying to get that passed. 802 00:39:57,000 --> 00:39:57,239 Speaker 3: Zach. 803 00:39:58,000 --> 00:40:01,679 Speaker 4: Yeah, and that's the stuff that I I'm not I 804 00:40:01,760 --> 00:40:05,239 might regret this, but that is the stuff that I'm 805 00:40:05,239 --> 00:40:09,360 not too worried about because I don't think there's no 806 00:40:09,440 --> 00:40:10,599 way the Supreme Court. 807 00:40:10,480 --> 00:40:11,320 Speaker 3: Doesn't shoot that down. 808 00:40:12,119 --> 00:40:12,960 Speaker 1: Find out I consider. 809 00:40:13,280 --> 00:40:15,159 Speaker 4: And the reason I say that is now you're getting 810 00:40:15,199 --> 00:40:16,800 into interstate commerce clauses. 811 00:40:17,079 --> 00:40:18,960 Speaker 3: You're like that, that is a no go. 812 00:40:19,719 --> 00:40:22,119 Speaker 4: I'm looking at mom Donnie encouraging him to do it, 813 00:40:22,519 --> 00:40:24,239 just because I'm like, buddy, you're gonna step on the 814 00:40:24,239 --> 00:40:27,360 supremacy clause, the interstate commerce clause. I'm going to enjoy 815 00:40:27,400 --> 00:40:29,760 watching you get run over so your wife can post 816 00:40:29,840 --> 00:40:34,840 more celebratory videos on Instagram about celebrating Jewish women getting murdered. 817 00:40:34,880 --> 00:40:36,559 Speaker 3: So there we go. 818 00:40:37,159 --> 00:40:38,519 Speaker 1: Let me know if you want me to drive out 819 00:40:38,519 --> 00:40:40,719 today or tomorrow to go take a look at your 820 00:40:40,719 --> 00:40:43,480 new home. And just six percent on your side, six 821 00:40:43,559 --> 00:40:45,960 percent on the seller side, I do play. I take 822 00:40:46,000 --> 00:40:49,000 I called DIBs on the UH on the secondary cabin 823 00:40:49,039 --> 00:40:51,079 on the hill. Just I get to stay there just 824 00:40:51,119 --> 00:40:52,199 every once in a while something like that. 825 00:40:52,440 --> 00:40:54,519 Speaker 3: Hey man, we just like I said, as long as 826 00:40:54,519 --> 00:40:56,199 we can make room for the chopper. I got a 827 00:40:56,239 --> 00:40:59,199 gasser up before I head over there. But it's got 828 00:40:59,199 --> 00:41:00,880 to have a place to land. Chopper, man, I gotta 829 00:41:00,880 --> 00:41:02,559 be able to put the toy somewhere there. 830 00:41:02,599 --> 00:41:05,280 Speaker 1: It is Zach Abraham. Know more about him at Know 831 00:41:05,360 --> 00:41:08,360 youurriskpodcast dot com. This is the Todd Hermitshaw. Please go, 832 00:41:08,480 --> 00:41:10,920 be well, be strong, be kind, and please make every 833 00:41:10,960 --> 00:41:12,639 effort to walk in the light of Christ.