Speaker 1: Get ready.
Speaker 2: September tenth, twenty twenty five. Allegedly, according to that thing
Speaker 2: we call a calendar, it's Wednesday. And this is going
Speaker 2: to be a weird one because I didn't intend to
Speaker 2: schedule two guests on one night. But that's what we're
Speaker 2: going to do. And first thing is I want to
Speaker 2: welcome back Mike Swanson, the guy behind Wall Street Window,
Speaker 2: and we're gonna find out what he's doing with that brand,
Speaker 2: that publication. I'm still getting emails, hopefully some of you
Speaker 2: are still interesting articles and thoughts. I thought maybe he
Speaker 2: was going to go with substack whatever. But you know what,
Speaker 2: we're going to straighten that out in a moment. Since
Speaker 2: we are live. Guess what I can comment on the
Speaker 2: fact that a right wing podcaster was assassinated today, And yes,
Speaker 2: I use that term with the fair fair amount of confidence,
Speaker 2: because when one person is targeted, they're calling it a
Speaker 2: mass shooting, they're calling it all kinds of things. Appears
Speaker 2: to me as though there was a targeted assassination. Now
Speaker 2: I have no idea what the motive was. People are
Speaker 2: talking about the timing, the questioning. I've been over the video.
Speaker 2: It's pretty horrendous and quite Frankly, I don't think it's
Speaker 2: going to be productive if any of this continues. Don't
Speaker 2: care which party you're in, don't care what your thoughts are.
Speaker 2: Do I think you need to go out there and
Speaker 2: do the whole prove me wrong thing. Not necessarily, but
Speaker 2: it's not my choice because it's not my speech, and
Speaker 2: I don't think anybody should be murdered for words. But
Speaker 2: welcome to twenty twenty five. This sucks. What can I
Speaker 2: say now? You know? Maybe I'll get into more about
Speaker 2: Charlie Kirk and what happens and who's been arrested and
Speaker 2: all that later in the week, because news is news,
Speaker 2: plus there's a lot of other stuff to go over.
Speaker 2: I mean, I could tell Mike. I'm sure he's seen it,
Speaker 2: but I could tell Mike Swanson, who's with me here
Speaker 2: in the first hour that, gee, you know, in a
Speaker 2: week where I'm learning that Fawn Hall and Ali North
Speaker 2: got married, Okay, and there were many that's true. That's
Speaker 2: a true story. According to New York Post, they got
Speaker 2: a copy of the marriage license and there's a story there.
Speaker 2: I know many of you young people are like, who's
Speaker 2: Olly North and who's Fawn Hall? But I ran Contra
Speaker 2: google it. I guess you know there's something to it. Anyway,
Speaker 2: Then you got the mass shootings that have been hoaxes,
Speaker 2: a couple of dozen of them over the past few weeks. Obviously,
Speaker 2: what happened to Charlie Kirk not a hoax, not a
Speaker 2: crisis actor situation or none of that. Unfortunately this guy,
Speaker 2: I mean, that's some ugly video that has circulated widely immediately. Anyway,
Speaker 2: daylight savings time is going to end on I think
Speaker 2: November sec. I mean, there's a lot of things we
Speaker 2: could talk about in the news. I can tell you
Speaker 2: about the BMA spot they did for Ozzy Osbourne. I
Speaker 2: thought was pretty cool, actually, But what are you going
Speaker 2: to do on a day like today, the day before
Speaker 2: the September eleventh anniversary. And I got to say, I'm
Speaker 2: not feeling any better about it today than I did
Speaker 2: on the twelfth of September two thousand and one. The
Speaker 2: direction that the nation is going in. But that's just me. Mike,
Speaker 2: how are you? How have you been? People been asking,
Speaker 2: you know, is Mike okay? And all that? And I
Speaker 2: keep telling him, Look, Mike just doesn't really want to
Speaker 2: talk too much right now. And I kind of had
Speaker 2: to ask you ten times to get you on the show,
Speaker 2: didn't I.
Speaker 1: Yeah, I really slowed down over a year ago. I've
Speaker 1: been you know, doing content, putting stuff out since really
Speaker 1: nineteen ninety nine in the financial space, and you know,
Speaker 1: we did shows over the years. But I was just
Speaker 1: you know, yeah, well, I'm sort of coming back. I
Speaker 1: get so I'll talk about why is why that is.
Speaker 1: But a year ago I just felt as if at
Speaker 1: the I'd really had nothing much more to tell people.
Speaker 1: For two reasons. One, on my website in the financial space,
Speaker 1: I was really telling people that I believe the United
Speaker 1: States was gonna have debt problems, that we're gonna get
Speaker 1: what they do. You know, things are gonna get worse economically,
Speaker 1: and they should be diversified, but really by gold and silver,
Speaker 1: not put all their money into it, but by gold
Speaker 1: and silver, and do it before it started to go up, well,
Speaker 1: once silver went above twenty six dollars, I just stopped
Speaker 1: doing YouTube videos, in which I've been doing for since
Speaker 1: two thousand and seven or something. I just said, I
Speaker 1: don't really have nothing else to say. I'm telling you
Speaker 1: to do it.
Speaker 3: It's happening.
Speaker 1: I don't want to keep putting that content just for
Speaker 1: the algorithm, just for social media, because that's what you
Speaker 1: have to do. You just have to put stuff out
Speaker 1: over and over and over and over again to get
Speaker 1: any to get these algorithms to push out what you're saying.
Speaker 1: So I was just tired of doing it for twenty
Speaker 1: over twenty five years, you know. But I also emotionally,
Speaker 1: quite honest, I I know, I sent you a phasing
Speaker 1: a couple of emails, and I sent it to other
Speaker 1: people that the country's going down the toilet. And this
Speaker 1: was something I started to say last year, a couple
Speaker 1: of weeks before Trump was shot. So I wasn't having
Speaker 1: in mind the outcome of the presidential election or Republican Democrat,
Speaker 1: which is how so much of the discussion is framed
Speaker 1: in the news cycle, and the people who are most
Speaker 1: engaged in news, that's how the news sources are talking
Speaker 1: to them most of the time, right, And most people,
Speaker 1: the majority of people I think are really have disengaged
Speaker 1: themselves from the following all these events going on in
Speaker 1: the news cycle in general. And but you know today, yeah,
Speaker 1: it's kind of a coincidence. You know, we talked about
Speaker 1: doing this show a couple of days ago, and you
Speaker 1: see this news of of Charlie Kirk being shot, and
Speaker 1: to me, that's just a symptom of what.
Speaker 3: I was thinking was going to get worse.
Speaker 1: Not necessarily simply violence, but just a worsening situation in
Speaker 1: the country. I do think one day it will get better,
Speaker 1: but I don't. I think it's going to get worse
Speaker 1: before it does. And I came to that conclusion last
Speaker 1: year in the spring, at some point. And it's like,
Speaker 1: you know, in two thousand and eight, I knew ahead
Speaker 1: of time before people realized that the financial crisis was
Speaker 1: going to happen. In two thousand and two, that whole year,
Speaker 1: I was very worried and upset about what would happen
Speaker 1: when the United States went to war in Iraq, and
Speaker 1: I thought that was going to be one of the
Speaker 1: worst decisions we would see in our lifetime. And I
Speaker 1: still think, you know that, maybe maybe I don't you
Speaker 1: know that that still believe.
Speaker 2: That, well, that's almost a cake walking.
Speaker 1: No, I'm not sure when the downslide began, you know,
Speaker 1: but yeah, that's certainly, but it's part of it, huh.
Speaker 2: I want to ask you this because it's almost like
Speaker 2: a cakewalk. Looking back at Yeah, I thought that was
Speaker 2: a bad decision too. Uh, the idea that we were
Speaker 2: going to you know, make this war on terror the
Speaker 2: centerpiece of our foreign policy wasn't all for it. Now
Speaker 2: I understand the idea for retribution. The American people in general,
Speaker 2: the people that I was around at that time, wanted retribution.
Speaker 2: And I had no question over the narrow I believe that,
Speaker 2: you know, that was a time that we needed to
Speaker 2: unite as a country and all of that. But I
Speaker 2: didn't think that expanding the violence in the Middle East
Speaker 2: was going to solve anything. And it didn't. But it
Speaker 2: also didn't bring us to the brink of you know,
Speaker 2: real destruction like I was worried it would, frankly, and
Speaker 2: you know, had to re educate myself a bit. Now,
Speaker 2: what's fascinating is you've told people about trends long ahead
Speaker 2: of time. People respected that. I mean, at one point
Speaker 2: you were part of running a hedge fund. Things like that.
Speaker 2: People trusted you with their money, they trusted you with
Speaker 2: advice and all that, and they still do. But the
Speaker 2: odd thing is now they've turned it all, almost everything
Speaker 2: that anyone says into a political debate. Right, So if
Speaker 2: you're saying the economy is going to make a downturn,
Speaker 2: they're they're saying, well, you must be against whoever's in
Speaker 2: office at the time. You're making a political statement. When
Speaker 2: you're not making a political statement, you're making a calculation
Speaker 2: based on trends you see emerging and certain signals that
Speaker 2: are commonplace, seems like to me for the past one
Speaker 2: hundred and some odd years in the markets right one
Speaker 2: way or another. And the misperception of that is so
Speaker 2: strange too, because politics in and of itself will change
Speaker 2: what happens in finances to some degree. You know, even
Speaker 2: if they believe the illusion, it works for a little while,
Speaker 2: like you know, the massive crash in nineteen twenty nine.
Speaker 2: Everybody thinks the Great Depression lasted a whole decade, but
Speaker 2: really there was a bounce back in nineteen thirty a bit,
Speaker 2: and then we had well, you know, all sorts of
Speaker 2: mixed results all the way up to the fifties in
Speaker 2: the economy, and people's perception of that is no longer
Speaker 2: accurate to what the numbers reflect. And they've rewritten the history.
Speaker 2: They rewrote it at the time, and the feeling because
Speaker 2: you know, we had the victory in World War Two,
Speaker 2: et cetera, et cetera. There were all sorts of politics
Speaker 2: grafted onto the reality. And I think that's been a
Speaker 2: common trend in American history, and I think that's what
Speaker 2: started to happen to you as it was starting to
Speaker 2: get a little sickening between you know, these guys who
Speaker 2: were using algorithms and AI crap to flood the zone
Speaker 2: when it comes to content, between that and the disingenuous
Speaker 2: nature of people just attaching everything to a political argument
Speaker 2: when you're being an analyst, and I think that was
Speaker 2: what discouraged you. Is that fair or am I af.
Speaker 1: Yeah, that's probably true what you're saying. I think that's true.
Speaker 3: Now. I think I had a vielin.
Speaker 1: Somewhat, Like you know, it's a little futile to try
Speaker 1: to give people all this analysis or whatnot when other
Speaker 1: people don't.
Speaker 3: Blame me for it. This way, I really believe like.
Speaker 1: The what I've been, you know, writing stuff on the
Speaker 1: internet and making content, like I said, since nineteen ninety nine,
Speaker 1: and I can tell in the financial space that it's changed,
Speaker 1: and I think that change is reflected, you know, what's
Speaker 1: happening in everything else. I think it's just you know,
Speaker 1: I've seen it there and it's happening everywhere else. But
Speaker 1: I know it's so well, you know that I know
Speaker 1: it in detail. But to make a long story short,
Speaker 1: I could say what I got into the trading and investing.
Speaker 1: People go to the bookstore, they buy books, and there
Speaker 1: are certain gurus I guess called that experts or whatever
Speaker 1: in the nineties who like advocated a certain method. They
Speaker 1: would have their method on how to you know, make
Speaker 1: a good stock pick and look for these different things
Speaker 1: in a company and in the stock and that's how
Speaker 1: you'd make a good That's what they would.
Speaker 3: Say were the best ones to buy.
Speaker 1: Okay, And and I'd read those books. And I was
Speaker 1: also interested in charting and trends, and there are books
Speaker 1: about that and so forth. And I would run ads
Speaker 1: to build an email list using Google from say two
Speaker 1: thousand and two to two thousand and eight or so,
Speaker 1: and the ads would say learn a certain stock investing term,
Speaker 1: learn this, And those ads were successful.
Speaker 3: In today. You know, over the.
Speaker 1: Past ten years, you couldn't run that ad. No one
Speaker 1: will click it because they don't want to learn that methodology.
Speaker 1: They just want to be told by this by this
Speaker 1: by this and you'll get rich quick. In this trend
Speaker 1: of the change of what people in the financial space want,
Speaker 1: I could see it. It really started around twenty sixteen
Speaker 1: twenty seventeen, and I think it coincided with the rise
Speaker 1: of social media with Facebook and all the Twitter and
Speaker 1: all these other things. Before that, those things weren't so prominent.
Speaker 1: So in the two thousands, people got on the internet.
Speaker 1: They went on websites and read articles, and video didn't
Speaker 1: really take off till two thousand and six and seven
Speaker 1: with YouTube, and then it was so the way people
Speaker 1: are consuming this media on the Internet changed. And then
Speaker 1: the algorithms, you know, we're created to push out the
Speaker 1: content that people want, you know, that they're going to
Speaker 1: pay attention to and click. And the people in the
Speaker 1: financial space who created advertising in videos and content.
Speaker 2: They.
Speaker 1: Went into more and more of a mode of just
Speaker 1: pure height, pure height, pure height, right or well this
Speaker 1: is a minority making Yeah, this is how we dire
Speaker 1: predictions of doom.
Speaker 2: Well, this is how we ended up.
Speaker 1: But what I say happened is this is.
Speaker 2: I'm sorry, Mike, this is how we ended up with
Speaker 2: game stop and that whole thing versus right the go
Speaker 2: ahead and invest all your money and be a gold bug, right,
Speaker 2: because that was the answer otherwise, right, an instant call
Speaker 2: and response is what the problem was. Because I watched
Speaker 2: developed like you did, where you know, we've had to
Speaker 2: face Okay, there's Robin Hood, there's you know, follow the
Speaker 2: DC pizza or whatever. Right, you know, algorithm online You've
Speaker 2: seen that, right, whatever pizza is being ordered that tells
Speaker 2: you what's going on at the State Department. You know,
Speaker 2: weird stuff like this. And everybody wanted instant call and
Speaker 2: response and in real time. They wanted to be able
Speaker 2: to play it like it's a game instead of you know,
Speaker 2: and and by the way, you're being pitted against computers
Speaker 2: who are making trades in fractions of seconds. So it's
Speaker 2: no longer about you picking up a strategy and knowing
Speaker 2: what happened on the markets overnight in Asia and figuring
Speaker 2: out how that's going to affect the markets when they
Speaker 2: open this morning. It's no longer any of that. It's
Speaker 2: the you know, things that happen in three seconds at
Speaker 2: the beginning of the day. It sets the trend for
Speaker 2: the rest of the day. And you got to know
Speaker 2: how to game the game before the game is played,
Speaker 2: and that's like the evolution of gaming and game theory actually,
Speaker 2: and then on top of it, I think this weird
Speaker 2: grafting of what is your political ideology? Right, well, you
Speaker 2: support certain stocks, that's now akin to what your identity is,
Speaker 2: what your identity politic is, you know, support you know,
Speaker 2: Tesla for instance, right remember the Tesla stock was crashing
Speaker 2: and everybody's going, oh, well, you know that's because Elon
Speaker 2: is part of doge and what we got to do
Speaker 2: is support him. So now you have political stock picks
Speaker 2: which have nothing to do with the reality of trying
Speaker 2: to make money or you know, we're stabilizing companies or
Speaker 2: any of this. And it's weird because again you and
Speaker 2: I were alive in the eighties when you know, corporate
Speaker 2: raiders and all kinds of things went on, you know,
Speaker 2: greed is good and all that, and they were you know,
Speaker 2: destroying and completely just membering companies and spreading around their
Speaker 2: assets and redistributing things. I don't even think that's a
Speaker 2: thing anymore. Now. It's about you know, building these giant
Speaker 2: borg entities, whether it's in the media or anything else,
Speaker 2: that encompasses everything. I mean, if you think about the
Speaker 2: company that owns any sort of media you like or whatever.
Speaker 2: You know, let's just say you're into the superhero movies,
Speaker 2: which I don't think either one of us are. You're
Speaker 2: not a superhero movie guy or you.
Speaker 3: Mike, No, not really, I didn't think so.
Speaker 2: But we know it's a significant financial factor in the
Speaker 2: entertainment business, or at least it was. You know, which
Speaker 2: company actually owns all of the money making aspects of
Speaker 2: that thing. There's a bunch of companies that come together
Speaker 2: under some flag somewhere, just like we're watching the uh,
Speaker 2: you know, the paramount CBS deal. You know, what does
Speaker 2: that really mean? What's going on there?
Speaker 1: Uh?
Speaker 2: And now we have an interesting political tug war going
Speaker 2: on where you know, hey, look, the president's going to
Speaker 2: sue certain entities. Maybe you'll threaten to take away this
Speaker 2: and that. And the politics have creeped into everything, you know,
Speaker 2: whether it's the identity politics of oh my god, remember
Speaker 2: the freak out that the Internet had because Captain America
Speaker 2: was a woman, you know, stuff like that, or no, no,
Speaker 2: excuse me, Captain Marble was a woman. Captain America was black.
Speaker 2: That was the problem. I got to keep it straight.
Speaker 2: And you know that became a tug of war all
Speaker 2: of a sudden when you're talking about comic book characters
Speaker 2: who don't have a race by definition, you know. But anyway,
Speaker 2: here we go. It's a weird world we're in where
Speaker 2: everything is in this disconnected political hopper, and the truth
Speaker 2: is it's all gamed by different algorithms, and if you
Speaker 2: can figure out how to beat or break the algorithm,
Speaker 2: you can definitely win the game. I mean, they did
Speaker 2: the whole thing with Game Stop, and you remember that
Speaker 2: where it was like they took a company that really
Speaker 2: didn't deserve to do well and propped it up somehow,
Speaker 2: and all of a sudden it was a big money maker.
Speaker 2: People cashed out on it. And we've also had the
Speaker 2: implementation of crypto this and that and the third thing, right,
Speaker 2: I can't keep track of the coins and the NFTs
Speaker 2: and all that, which you and I tried to discuss
Speaker 2: too as it was emerging. Nobody wanted to hear it
Speaker 2: if they were on the side of it, though, right, So,
Speaker 2: I mean, I'm just trying to give a general sort
Speaker 2: of idea about the whole landscape that I think, you know,
Speaker 2: turned you off because you're a real person. You know,
Speaker 2: you're not an algorithm generated business model, which other people
Speaker 2: are operating under one way or another, whether they're in
Speaker 2: social media circles and they're an influencer, or they're a
Speaker 2: podcast or anymore. They're all operating under these AI driven
Speaker 2: and conceptual business models. And it doesn't matter if it's
Speaker 2: the financial industry or if it's making clips or critiquing
Speaker 2: you know, entertainment media or music or anything else. Everything
Speaker 2: is now generated by the grand set of algorithms you've
Speaker 2: decided to assemble. I mean, do you think it's one
Speaker 2: of those things that's all the way across the culture
Speaker 2: and the interaction, or you think it's primarily focused on
Speaker 2: the financial What are your thoughts there?
Speaker 1: Oh, no, no, I think it's all cross. I mean,
Speaker 1: the thing about the financial space is what I came
Speaker 1: to believe was that after you know, is that there's
Speaker 1: a relationship with the algorithms and the you know everyone else,
Speaker 1: you know, the consumers of the content, and that the
Speaker 1: algorithms over time with the hot I'm just using the
Speaker 1: financial space as example. With the constant height hype pipe HEP,
Speaker 1: they program people like brainwash them into thinking that's what
Speaker 1: investing is. That investing is about getting rich quick in
Speaker 1: a crypto coin.
Speaker 3: And not about any sort of analysis.
Speaker 1: And there's an incredible lact of knowledge education of among
Speaker 1: the people that have gotten into trading now in the
Speaker 1: past couple of years. I mean, I've talked to people
Speaker 1: they're like thirty years old and they'll get a robin
Speaker 1: Hood app and you know, have twenty grand in it
Speaker 1: or something, and they're trading for a year and they
Speaker 1: don't know what a bond is. You know, if you
Speaker 1: don't know what a bond is, you have no clue
Speaker 1: what the market is, what capitalism is, what you're doing
Speaker 1: getting involved in. All they know is they're telling me
Speaker 1: this is going to go up. Someone buy it, and
Speaker 1: that's what I'm seeing on social media. But the constant flood,
Speaker 1: that's what they're seeing though, that's their frame of reference.
Speaker 1: That's what's educated them. Is the images and videos of
Speaker 1: people who are catering to algorithms. That's what they're learning from.
Speaker 1: So it's programmed people. And I would suggest that you know,
Speaker 1: I've learned of a term to maybe two years ago,
Speaker 1: it might have been last year that the Pentagon uses
Speaker 1: for propaganda of using social media as mimetic engineering, and
Speaker 1: Elon Musk has used that term when he bought Twitter,
Speaker 1: and the.
Speaker 3: Idea is using.
Speaker 1: The social media feeds to change people's opinion and mold
Speaker 1: them into thinking one way or the other, basically manipulate
Speaker 1: them through propaganda the constant flood of the of what
Speaker 1: they're seeing, and.
Speaker 3: It's quite effective, and I think it's changed.
Speaker 1: You know, people spend so much time on the phone
Speaker 1: and so forth, that it's changed the way a lot
Speaker 1: of people interact even in real life with other people.
Speaker 1: And it's built in us versus them picking pattern which
Speaker 1: could it may be that even without the Internet and
Speaker 1: all the things have said that a lot of the
Speaker 1: things would still be going on in our politics and
Speaker 1: society as they are. But I certainly think it's as
Speaker 1: exasperated and there's some sort of relationship between correlation of
Speaker 1: some sorts between the two. An event today, I'm.
Speaker 3: Sure you know this.
Speaker 1: Whoever did this news event today? And there's gonna be
Speaker 1: one next week.
Speaker 3: There's one.
Speaker 1: It's like you know one all the time, so it's
Speaker 1: nothing new. They'll be looking at the person's what they're
Speaker 1: looking at on social media and what they've written and
Speaker 1: so forth.
Speaker 2: Yeah, their social media presence will definitely become part of
Speaker 2: the conversation very very soon, it'll become exactly who they are,
Speaker 2: and it'll become a couple of words worth of a descriptor.
Speaker 2: And that's like the society we find ourselves in. And
Speaker 2: I'll tell you the old chicken or the egg? Which
Speaker 2: one came first? Question? Right, which a lot of people
Speaker 2: have when they're trying to analyze these things after the events,
Speaker 2: you know, take place and take hold. It's fascinating here
Speaker 2: because I got a real argument. I don't know which
Speaker 2: game first here? You know, did the social media do
Speaker 2: this or was it the thing that was spawned by
Speaker 2: a lack of what attention span? A desire to educate oneself?
Speaker 4: You know?
Speaker 2: Is it all about instant gratification? We heard about that
Speaker 2: for decades, right, that was the biggest problem because we're all,
Speaker 2: you know, fat and lazy and want everything handed to us,
Speaker 2: right because we're Americans. We're ugly Americans. You know, did
Speaker 2: that reality come home to roost? And did we get
Speaker 2: a chicken in the egg at the same time? Year
Speaker 2: through the social media engineering, the me medic engineering, like
Speaker 2: you're saying, I think it's a valid question. Anyway, as
Speaker 2: this is going on, you're still willing to write some stuff,
Speaker 2: some historical stuff anyway, even if you've sort of given
Speaker 2: up on the financial space in a lot of ways.
Speaker 2: Although I still see you talking about things that have
Speaker 2: to do with finance. And you had a recent article.
Speaker 2: I guess we could call it an article. Do you
Speaker 2: call these things articles anymore?
Speaker 1: Well, they're were emails sitting at emails, and you know
Speaker 1: they're not long, you know, four articles, but you know
Speaker 1: the three nine hundred words you know with it. But
Speaker 1: I never stopped writing about the financial space and with
Speaker 1: the email list, you know, because that's to me, that's
Speaker 1: a little different because it's a written form a communication.
Speaker 3: It's not a tweet.
Speaker 1: You know, a one sentence tweet at nine hundred words
Speaker 1: is still meaningful, and you know sometimes it can be
Speaker 1: longer than that. So but decided, you know, I wrote,
Speaker 1: you know, I've written that war state book, and people
Speaker 1: who bought it gotten a lot out of it. But
Speaker 1: the first book I wrote was a local history book.
Speaker 2: And when about Danville, Virginia, right yeah, right right?
Speaker 1: And a local yeah, a local history. And when I
Speaker 1: wrote it, I thought one of the things I thought was.
Speaker 1: You know, this will be in the library and people
Speaker 1: can go in the library and read this one hundred
Speaker 1: years from now, you know, because there's not that many
Speaker 1: there's not gonna be that many books written about it,
Speaker 1: and that's a meaningful thing to produce. And I've got things,
Speaker 1: you know, that I do want to write and talk
Speaker 1: about on different topics with the financial space I've thought
Speaker 1: about putting together for free. I'm not not trying to
Speaker 1: sell this, but of course telling people kind of the
Speaker 1: different lessons I've.
Speaker 3: Learned from the years and.
Speaker 1: Ways I think are good to invest that anyone can do,
Speaker 1: like an educational series. And also, you know, I want
Speaker 1: to write more about the Kennedy assassination and other related
Speaker 1: historical topics over the rest of my life.
Speaker 3: So I've decided, well, you know, to.
Speaker 1: Do all that, I got to get an audience, and
Speaker 1: I do have the I still have an audience, and
Speaker 1: you know from the financial email list, so I'll just
Speaker 1: try to I decide I'll just keep doing that and
Speaker 1: I'll try to revive the YouTube channel, and I'll start
Speaker 1: out talking about some of the financial stuff going on,
Speaker 1: because I do think there are important things happening in
Speaker 1: the markets in the economy, and I'll see if I
Speaker 1: can revive it, and then time I could use it
Speaker 1: to talk about other topics too.
Speaker 2: I do want to see you do this, Mike, But
Speaker 2: I wonder if you're even aware of the strangeness that's
Speaker 2: gone on on YouTube in the recent months, even you know,
Speaker 2: we now have edited language on that platform where you know, look,
Speaker 2: you're going to talk about history, obviously, you're going to
Speaker 2: bring up things like murder, and you know they're using
Speaker 2: terms on there like unalived instead if someone was killed.
Speaker 2: I'm not kidding by the way. You know, you talk
Speaker 2: about the Kennedy assassination, you might have to bring up
Speaker 2: the suicide of a particular figure or two or ten
Speaker 2: because they might come up and you know, they would
Speaker 2: say that they blank out that word on YouTube. You
Speaker 2: can't even use those words now on YouTube. It's a
Speaker 2: very very weird, you know, just nineteen eighty four style,
Speaker 2: you know, newspeak kind of platform now. So YouTube is
Speaker 2: no longer what it was, and it's again no longer
Speaker 2: what it was again repeatedly. I don't know how you'll
Speaker 2: survive on there with the weirdness. Just speaking bluntly using
Speaker 2: common language. You know, when people talk about even with
Speaker 2: this Epstein thing, they talk about you know, sexual assault,
Speaker 2: they're saying things like yours you know, someone.
Speaker 3: Was sayed.
Speaker 2: You're not even allowed to use those words. It's getting
Speaker 2: really weird, you know, the the news speak and the
Speaker 2: thought police are out there. I think the only space
Speaker 2: where you're going to be able to do something like
Speaker 2: that might be something like Patreon, you know, where people
Speaker 2: are subscribers. They come in and they can you know,
Speaker 2: watch your videos, or they have a live broadcast thing
Speaker 2: on there now, which I'm exploring for audio and things
Speaker 2: like that. But you're going to have to go onto
Speaker 2: a platform where only people that have like paid entry
Speaker 2: can come and see what you have to say. I mean,
Speaker 2: that's the reality.
Speaker 3: Now.
Speaker 2: These platforms have gotten so weird that you know, they've
Speaker 2: decided very straight, you know, and people have complained over
Speaker 2: the years, recent years, especially Oh the Conservatives are all
Speaker 2: being police, their thoughts are being policed. But I got
Speaker 2: to tell you when when they're removing words which are
Speaker 2: just descriptors of events that have occurred, how do you
Speaker 2: even cover you know, a historical event. I mean the
Speaker 2: Kennedy's I literally saw, you know, the Kennedy assassination video
Speaker 2: a couple of days ago where the audio kept diving
Speaker 2: out because they were talking about him being shot or killed. Okay,
Speaker 2: and they're blurring the suppruder frames and all. I mean,
Speaker 2: they haven't gotten to all of it yet. But anything
Speaker 2: new that's being produced is being policed heavily by these
Speaker 2: algorithms that have decided that certain words, certain images, provocative
Speaker 2: thoughts are not acceptable. And yet there are others who
Speaker 2: are blessed who have you know, bigger media presences, who
Speaker 2: can get away with talking about everything, even if it's
Speaker 2: just in the news. The ugliness that occurs, you know,
Speaker 2: they're full on letting the Just today, they're full on
Speaker 2: letting a pretty brutal looking video. I mean, Charlie Kirk
Speaker 2: was shot in the neck and you can see it clearly.
Speaker 2: There's various angles they got, you know, different all sorts
Speaker 2: of people, you know, with their tiktoks, live and everything else.
Speaker 2: A lot of video has been captured because now we
Speaker 2: don't need video surveillance. We are walking video surveillance with
Speaker 2: these phones, and that stuff is up there. But God
Speaker 2: help you if you talk about something that might have
Speaker 2: occurred where someone was stabbed in a bar fight or something,
Speaker 2: and it's you know, part of history, the history of
Speaker 2: a case, the history of what happened. You might not
Speaker 2: be allowed to talk about anything that you know contains
Speaker 2: violence or whatever. And look American history. One thing I
Speaker 2: think no one can argue with is that it is
Speaker 2: littered with plenty of violence. So I don't know if
Speaker 2: you'd be able to freely talk about it on there.
Speaker 1: What do you think, Well, I mean, I'll find out eventually.
Speaker 1: But in the end, you know, this is the problem
Speaker 1: of platforms, and these Internet platforms in general. You know,
Speaker 1: they can ban you, they come and go. My Space
Speaker 1: is gone, you know YouTube, you know the plenty that have.
Speaker 3: Come and gone.
Speaker 1: And in the end, the only you know, I've been
Speaker 1: doing this for twenty five years. The only thing you
Speaker 1: own that I own is the list of the database
Speaker 1: I have on my newsletter. So if i'm that's my
Speaker 1: primary means of communication. So if one of these platforms
Speaker 1: goes or kicks me off or something, I just I
Speaker 1: still got my email list. I just tell those people
Speaker 1: we're using this video system.
Speaker 3: Instead, you know.
Speaker 1: And that's why I always tell the people subscribe to the
Speaker 1: email list, not go subscribe to my Facebook page or
Speaker 1: YouTube channel or Twitter or something. Right, you know, it's
Speaker 1: just that's subscribe to my newsletter.
Speaker 2: I mean to give you a weird example. Larry Hancock
Speaker 2: has been banned from Facebook.
Speaker 3: Yeah, you know that's crazy.
Speaker 2: That's a guy who is He doesn't use inflammatory language,
Speaker 2: he doesn't unnecessarily focus on things, he doesn't post images
Speaker 2: of violence. Uh, this guy's not a toxic presence ever.
Speaker 2: And you know, anybody who's listening to my show long
Speaker 2: enough knows it. But yeah, we live in a weird
Speaker 2: world where Larry Hancock's getting banned from a platform and
Speaker 2: can't even get an explanation. You know, some people would say, oh,
Speaker 2: you know, well, Chuck, you get banned. Yeah I do.
Speaker 2: And okay, some people think I deserve it because oh,
Speaker 2: well you said, you know, you said or covered things
Speaker 2: that they don't want covered or what. Okay, explain to
Speaker 2: me Larry Hancock, because I don't get it. So, yeah, no,
Speaker 2: that's true. And isn't that a principle in business? I
Speaker 2: just want to take this back old school real quick.
Speaker 2: It's a principal business, okay, because even when a local
Speaker 2: plumber would sell his business, you know, back when I
Speaker 2: used to be in the regular business world. The key
Speaker 2: thing that they wanted was his customer list. It wasn't
Speaker 2: about his truck, or his tools, or his office location. Right,
Speaker 2: even if you bought a plumbing business, what they wanted
Speaker 2: was the customer list. You know, all those contacts, all
Speaker 2: those people and your phone number. In other words, your
Speaker 2: contacts and your contact base. This is why people are selling.
Speaker 2: You know, their can sell their X platform profiles, they
Speaker 2: can sell their email lists. It's because of the connectivity
Speaker 2: to the audience, the connectivity to the customer base. So
Speaker 2: you're sticking to a very old school principle here. Like
Speaker 2: I said, you know the guy who ran a plumbing business,
Speaker 2: the guy who ran a catering business, guy who did
Speaker 2: home improvements, the guy who would repair you know, machinery,
Speaker 2: lawnmower repair guys. What they wanted really was not your location.
Speaker 2: You know, they bought everything, but what was the key
Speaker 2: thing that was really a value.
Speaker 3: It was the.
Speaker 2: Connection to the customers. Or do I have a crazy
Speaker 2: business idea there? I mean, look, you're actually educated in
Speaker 2: this world. I just worked in it. But I mean
Speaker 2: that's what I always saw. It was about getting the
Speaker 2: customer base and getting the connectivity to the customer base,
Speaker 2: whether it's viewers or it's people literally paying for a
Speaker 2: service or anything else. That's really what's the value is
Speaker 2: that connected list of interested people that you know, you
Speaker 2: can monetize somehow or am I wrong about that.
Speaker 3: Now? One hundred percent?
Speaker 1: I mean that's that's what the you know, these internet
Speaker 1: companies are all about, too, getting as much data as
Speaker 1: they possible can. That's what all these data centers are about.
Speaker 1: That's what AI is really about. Scraping all the data
Speaker 1: off Internet and then repurposing it to people and calling
Speaker 1: it you know.
Speaker 3: AI.
Speaker 1: That's all they're doing. But it's the same, you know,
Speaker 1: it's just well that's a little different than a customer list.
Speaker 1: But but oh no, but the president's data.
Speaker 2: Yeah, the principle remains the same. It's the data to
Speaker 2: connect to them so that you know. And that's the
Speaker 2: funny thing is that when I covered that thing in Dubai,
Speaker 2: like I don't know, ten years ago now, where they
Speaker 2: had this you know, summit about the future of business
Speaker 2: and the way it was going to run. There were
Speaker 2: a bunch of speakers who came out and said, look, uh,
Speaker 2: data information that is going to be the oil of
Speaker 2: the future, the thing that you can go wrong with
Speaker 2: so long as you can get a good supply of it.
Speaker 2: That is the deal. That's where the riches are. And
Speaker 2: everybody thought I was just being paranoid and weird about it,
Speaker 2: and I said, no, this guy's telling you something real.
Speaker 2: And meanwhile, they had a parade of people coming up
Speaker 2: at this international summit about the future of global business.
Speaker 2: You know, where is it going to be? Is it
Speaker 2: going to be in the oil industry? Is it going
Speaker 2: to be you know, in monetary devices? Are we going
Speaker 2: to be trading bonds across the planet forever? And that's
Speaker 2: how people can make their money. No, it's about data
Speaker 2: collection and information in and of itself, and I think
Speaker 2: people failed to recognize what that might mean. Maybe they're
Speaker 2: getting an idea now because of AI and they can see,
Speaker 2: you know, I mean, like the real reason why an
Speaker 2: Amazon is worth what it is is because look, they've
Speaker 2: got everybody's addresses, they've got people's purchasing information, They've got
Speaker 2: you know, financial information from every kind of bank, credit card,
Speaker 2: et cetera. You know, in a huge portion of the market.
Speaker 2: This is why Amazon is the beast it is, or
Speaker 2: am I crazy again.
Speaker 1: Yeah, you're right. You think about like coping like eBay.
Speaker 1: You know, eBay doesn't. I don't think eBay even has
Speaker 1: a warehouse. They don't. You know, they're just a middleman.
Speaker 1: But they have thousands of users, millions of people, not thousands,
Speaker 1: millions that log into their website.
Speaker 3: You know, that's their customer list. Yeah, and then.
Speaker 1: You know, some are buying and some are selling.
Speaker 2: Yeah, and it's no longer the huge business it once was.
Speaker 2: But still the template prevails. And quite frankly, even look,
Speaker 2: this isn't me with the you know, sour grapes, but
Speaker 2: the PayPal mapia is a real thing. I mean, think
Speaker 2: about it as the go between for the exchange of
Speaker 2: digital currency on all sorts of levels, even internationally. PayPal's
Speaker 2: a monster, you know, there's it's no wonder that they
Speaker 2: bought all these other things like Venmo and these various
Speaker 2: other things that are under different you know, company names.
Speaker 2: They're all about making their money from just the exchange. Yeah,
Speaker 2: but it's also the information that they have on buyers
Speaker 2: and sellers everywhere that have had to use PayPal at
Speaker 2: some point or other, even though you know, again they
Speaker 2: banned me. But but they're getting strange and selective, and
Speaker 2: that's a massive business in and of itself that I
Speaker 2: doubt that you know, without a system as sophisticated as
Speaker 2: they have, nobody really knows the massive size of the
Speaker 2: data that can be collected from that, the data that
Speaker 2: is influenced by that, et cetera. I mean, it's almost
Speaker 2: unfathomable to the rich person exactly how large things like
Speaker 2: that become and have become. Anyway, now we've kind of
Speaker 2: gone into a weird place, and you recently wrote well
Speaker 2: an email about the FED and everything, and I'm wondering
Speaker 2: if you got any responses on that. Did people react,
Speaker 2: you know, et cetera, you know, maybe give people an
Speaker 2: idea what you had to say here, because we do
Speaker 2: have Larry Hancock coming up in the next hour. But
Speaker 2: I wanted to touch on this mainly for our discussion,
Speaker 2: but we wound up elsewhere. Sorry about that. That's what
Speaker 2: I do. But I also want to thank you because
Speaker 2: it's been a long time since I've been able to
Speaker 2: have this conversation with anybody who is observing, you know, objectively,
Speaker 2: what's going on here. I think, you know, because it's
Speaker 2: not about Mike's politics, it's about his analysis, and that's
Speaker 2: the thing that's been lost in the shuffle here lately.
Speaker 2: And you know, God bless anybody who can make a
Speaker 2: living off of influencing and know, making short clips and whatever.
Speaker 2: I mean, you know, good for you, however you make
Speaker 2: a living without hurting other people, Good luck. But man,
Speaker 2: we're in a different sort of world here than where
Speaker 2: we used to be, and that that FED article is
Speaker 2: really what I wanted to talk to you about. But
Speaker 2: we wound up going off on these other discussions. But
Speaker 2: it's been so long since we talked, I mean, it's
Speaker 2: kind of unavoidable. I hope they'll come back again soon
Speaker 2: so we can continue this conversation. But in the meantime,
Speaker 2: tell people about the newsletter, the email and oh, by
Speaker 2: the way, can they still sign up for it if
Speaker 2: they haven't, which I don't know anybody personally who listens
Speaker 2: to my show that hasn't signed up for your newsletter,
Speaker 2: But you know, how can they do that still and
Speaker 2: get the emails and be on your email list? Because
Speaker 2: if I'm going to give my information to anybody, I mean,
Speaker 2: Mike Swanson's one of these guys that's not gonna, you know,
Speaker 2: sell you out and give you the phishing because that's
Speaker 2: another weird group of people that have emerged, these you know,
Speaker 2: fake redirection plans that are out there that just scam people.
Speaker 2: And you know, if they get to scam one out
Speaker 2: of a thousand people, victory for the cheap ads they
Speaker 2: put up. And by the way, those are on the
Speaker 2: big legitimate platforms. Those are on the you know, it's
Speaker 2: not just dark web where people are getting screwed. Just saying,
Speaker 2: but you know, that's my commentary. But yeah, tell us
Speaker 2: about this FED article and the email list and how
Speaker 2: you're still sending them out and if people can sign
Speaker 2: up and all that, please.
Speaker 1: Yeah, they just if anyone wants to get free, you
Speaker 1: just go to Wall Street Window dot com, just type
Speaker 1: in your email and you'll get it a couple of days,
Speaker 1: a couple of times a week.
Speaker 3: But in the news.
Speaker 1: This year, there's been a lot of talk about Trump
Speaker 1: and the Federal Reserve and Trump warning interest rates lowered
Speaker 1: and angry that the current Federal Reserve chairman isn't lowering them,
Speaker 1: firing FED officials, trying to put pressure on the FED,
Speaker 1: and so forth. And what's obscured in all this is
Speaker 1: there's interesting thing that happened last Friday, and that is
Speaker 1: the Treasury Secretary interviewed candidates to become the next Federal
Speaker 1: Reserve chairman. The pal's term expires in May next year,
Speaker 1: so the Treasury Secretary Bessent is interviewing people. Well, what's
Speaker 1: interesting about that is when Powell was picked, Trump interviewed
Speaker 1: him and others to be the new Federal Reserve chairman.
Speaker 1: This time Trump isn't doing the interviews. The Treasury Secretary
Speaker 1: is doing the interviews. So what I argued in my
Speaker 1: email was that this whole narrative about Trump versus the Fed,
Speaker 1: it's a narrative that's perfect for the discourse.
Speaker 3: And the media.
Speaker 1: That's all about Trump. But and people that want to
Speaker 1: hate Trump or they worship Trump, they like.
Speaker 3: To hear about him.
Speaker 1: So the whole thing about the FED is about Trump,
Speaker 1: when in reality, what's really happening is that the Treasury Secretary,
Speaker 1: the Treasury Department is in effect taking over the Federal Reserve.
Speaker 1: That's what is really happening. And the reason why that's
Speaker 1: happening is because the Federal Reserve has had a mandate,
Speaker 1: it's called a dual mandate, an official mandate to change
Speaker 1: interest rates to try to keep inflation down and employment up.
Speaker 1: So when there's a recession, they're lower rates to improve
Speaker 1: the employment situation. And when there'd be an economic boom
Speaker 1: inflation would appear, they'd raise rates, and you know, it's
Speaker 1: sort of a Kenesian cycle too. But now the Treasure Department,
Speaker 1: not just Trump, the Treasury Department once interest rates lowered,
Speaker 1: while inflation is still around three percent the CPI official number,
Speaker 1: and the stop markets at all time has and in
Speaker 1: a high valuation, and there's no official recession, and unapployment
Speaker 1: hasn't gone up in any dramatic way to justify law
Speaker 1: and rates. So what's happening is they weren't the rates
Speaker 1: lowered despite all that, And people should be asking why,
Speaker 1: and they've said why, and that is because the debt situation,
Speaker 1: the government debt situation is not stop shrinking, and it's
Speaker 1: growing and it's growing and it's growing in DOGE failed
Speaker 1: to change that situation despite what was promised. You know,
Speaker 1: the government debt this year is bigger than it was
Speaker 1: last year, has bigger, it's going to be bigger next year.
Speaker 1: And this is creating a situation where the interest on
Speaker 1: the debt is now making up a bigger portion of
Speaker 1: the budget, so they're trying to lower rates to make
Speaker 1: the interest future interests lower. Uh and naturalere we're at
Speaker 1: and the consequences of that are going to be more
Speaker 1: inflation down the road.
Speaker 3: And no one is saying that.
Speaker 1: The media is not saying that because they just want
Speaker 1: to talk about Trump.
Speaker 3: Now.
Speaker 1: I got interesting reactions to the email. A few people,
Speaker 1: you know, said, I mean that, no one was angry. Really,
Speaker 1: A few people said this is provocative and interesting and you.
Speaker 3: Know, making me think about things now.
Speaker 1: I got one response which was kind of I never
Speaker 1: got an email like this.
Speaker 3: Before, and it was very long, while.
Speaker 1: Over a thousand words, and it was AI generated. You
Speaker 1: could tell by the way it was written that it
Speaker 1: was generated by AI. Most likely the person took what
Speaker 1: I wrote and asked AI one of the arguments against this,
Speaker 1: you know, and somebody fit out all this stuff.
Speaker 2: Somebody copying, and at the end, somebody literally copied and
Speaker 2: pasted your analysis into GROC and said, hey, Groc, how
Speaker 2: do I respond to this, and then spit that email
Speaker 2: back at you.
Speaker 1: Okay, yeah, And I never had anyone do that before,
Speaker 1: so that was interesting and amusing.
Speaker 3: But here's the kicker. The end conclude.
Speaker 1: The email had all these different arguments, some of them
Speaker 1: were contradictory, but then at the end they conclude by saying,
Speaker 1: what people need to do is put all their money
Speaker 1: in crypto.
Speaker 3: They need to put.
Speaker 1: You know, a portion of their money in bitcoin for
Speaker 1: safety and then buy at coins for growth, which is
Speaker 1: the most reckless advice you know, a financial advisor could
Speaker 1: give anyone, you know, and that's what this thing said
Speaker 1: to do. And that's you know, it's just but you
Speaker 1: got to realize if it was groc that didn't Elon
Speaker 1: Musk and his friends are manipulating the crypto market and
Speaker 1: hav an interest in getting people to believe and things
Speaker 1: like that.
Speaker 3: If you went to a.
Speaker 1: Normal investment advisor, you know, almost all investment advisors in
Speaker 1: the United States tell people to put a certain percentage
Speaker 1: of money in stocks for their so called risk, a
Speaker 1: certain percent in bonds for their so called safety.
Speaker 3: And what this.
Speaker 1: Was email was basically saying was bitcoin is safety and
Speaker 1: all all coins are risk.
Speaker 3: It's truly disgusting.
Speaker 1: So that's so nor with these algorithms are people. So
Speaker 1: I reply to the guy and I said, look, this
Speaker 1: AI is not intelligent, nor is it wise. It just
Speaker 1: spits out information.
Speaker 3: Right.
Speaker 2: Well, see there's the thing, because nowhere in there did
Speaker 2: I hear anything about you know those uh, solid investments
Speaker 2: I used to hear of, which was like what real estate,
Speaker 2: precious metals, right, stable, stable bonds. These are all what
Speaker 2: I what I used to think of as what we're
Speaker 2: conservative investments.
Speaker 3: Right.
Speaker 2: If you had a massive amount of money and you
Speaker 2: wanted to put it into a safe place where it
Speaker 2: would grow a little bit, you know what would they
Speaker 2: tell you? Put it into a CD, put it into
Speaker 2: you know these things that have you know, small payoffs,
Speaker 2: but you don't You're not going to lose your money,
Speaker 2: is the idea for the most part, up to a
Speaker 2: certain point. You know, everything has risk. But the point
Speaker 2: is that, you know, so long as the country doesn't
Speaker 2: go bankrupt and you buy us bonds, you're good, you
Speaker 2: know what I'm saying. And if you buy gold, it
Speaker 2: usually won't go down in value anything that isn't commensurate
Speaker 2: with the value of your dollars anyway, So not bad.
Speaker 2: And you know the old adage about you know, buy
Speaker 2: real estate. God ain't making any more of it, Okay, true,
Speaker 2: but also a fairly good investment over time. If you
Speaker 2: patiently leave it there and it's not about instant payoff,
Speaker 2: one thing is almost certain it will go up in value, right,
Speaker 2: I mean these are sort of just used to be
Speaker 2: common sense, I thought. But the AI didn't mention any
Speaker 2: of that, did it. No, I didn't see this email, folks.
Speaker 2: I'm just guessing. But you know, why would something that's
Speaker 2: not in the real world bother to give you a
Speaker 2: real world answer? Is my question?
Speaker 1: You know, and I don't think you know, at some point,
Speaker 1: you know, in the future, we'll talk on the show
Speaker 1: about the Kennedy assassination these files is But right, I
Speaker 1: don't think AI has any use at all in trying
Speaker 1: to look through that stuff and it come to a conclusion.
Speaker 2: Well no, no, not to come to a conclusion. We
Speaker 2: could train an AI to organize these things better. That's
Speaker 2: a possibility to organize things, you know, to give us
Speaker 2: a what would you call that a global index? You
Speaker 2: know that really covers the minutia that could be done
Speaker 2: by an AI.
Speaker 1: Okay, but I don't see how that's much different than
Speaker 1: what the Mary Farrell Foundation is doing on their website already.
Speaker 2: No, not much different. However, it could be, you know, again,
Speaker 2: a force multiplier, like most tools are. It could be
Speaker 2: a useful tool to do it in a more refined,
Speaker 2: in a faster and more efficient manner. That's possible, just
Speaker 2: like automation does.
Speaker 3: Right.
Speaker 2: You know, you could say.
Speaker 1: I'm also afraid, yeah, good the people advocating it, and
Speaker 1: I'm not talking about you, but people who But now
Speaker 1: there's not that many people doing that, but the few
Speaker 1: that have advocated for that, you're saying the AI is
Speaker 1: going to cause a breakthrough. I'm afraid it's just an
Speaker 1: excuse to be lazy and not look at the files,
Speaker 1: just say well, this one day, Ai'll do it for me.
Speaker 2: Well that's a possibility, but that would be the same
Speaker 2: thing as you know, people saying, well, I'm waiting for
Speaker 2: the day we have flying cars. We might get there eventually,
Speaker 2: but I got to tell you, if you're waiting around
Speaker 2: for that, you might wait your whole life. It doesn't
Speaker 2: necessarily mean it's going to happen, so you know, and look,
Speaker 2: I'm not advocating for it. I'm just saying that it
Speaker 2: makes sense to use it in a way that would
Speaker 2: be helpful to those who actually have to do the
Speaker 2: final analysis, Okay, but it doesn't mean that it is
Speaker 2: the solution. It means that it could be a tool.
Speaker 2: That's all I'm saying about it, And that's my opinion.
Speaker 2: I could be wrong. Look, I'm not saying I'm an
Speaker 2: expert on any of that. I mean, even though I
Speaker 2: am expert, you know, giving myself a headache looking at
Speaker 2: the files myself. But you know, every time I examine them,
Speaker 2: if I think about you know, and I recently made
Speaker 2: this observation, which, by the way, this whole like FED
Speaker 2: perception thing is funny to me because there was that
Speaker 2: whole FED perception about you know, JFK challenge the Fed.
Speaker 2: That's why he got shot, you know, because of the
Speaker 2: silver certificates and all that. And meanwhile, what it really
Speaker 2: ends up being, regardless of the politics and what people
Speaker 2: wanted to see in it, is that Kennedy actually handed
Speaker 2: a lot more power to what his Treasury secretary. It
Speaker 2: was over this very very small issue of the representative
Speaker 2: amount of over notes, you know, being distributed based on
Speaker 2: the amount of silver on deposit at the bank. And
Speaker 2: then you got to put it in context, and this
Speaker 2: is something AI is not capable of doing is putting
Speaker 2: it in context. What does this really mean? You know?
Speaker 2: And I think that's that's where people are failing to understand.
Speaker 2: If you want the actual answer, you're not going to
Speaker 2: get it. It might help you organize a lot of
Speaker 2: data quickly, just like a computer is a much more
Speaker 2: efficient way. Let's say to distribute your written work. You know,
Speaker 2: you can type it out right now, Mike, pound out
Speaker 2: a thousand words, press a button, and it'll be in
Speaker 2: front of however many people you have on your email
Speaker 2: list instantly. Right in the past, you would have had
Speaker 2: to take that, go get it printed and make sure
Speaker 2: there were enough copies and then get them to people
Speaker 2: one way or another to put them in front of them.
Speaker 2: So a force multiplier that might increase the speed doesn't
Speaker 2: necessarily means that changes the quality of what's being written.
Speaker 2: That's the way I look at the AI situation. It's
Speaker 2: not intelligent, it's not you know, near the sci fi
Speaker 2: nightmare that it could be yet, But then again, I mean,
Speaker 2: what would it be like if people believe that it is? Anyway,
Speaker 2: all of that having been said, Mike, I don't know
Speaker 2: how to conclude this except yeah, go to Wall Street
Speaker 2: window dot com. I'll put a link in with the
Speaker 2: show notes and tell you to go there. You can
Speaker 2: sign up with the newsletter, and Mike's not charging you
Speaker 2: anything there. But if you do decide to give these
Speaker 2: master classes, I suggest you charge for them because they
Speaker 2: will be unique. I don't think anybody's doing, you know,
Speaker 2: real analysis when it comes to a lot of the
Speaker 2: stuff that you're gonna wind up talking about, and definitely
Speaker 2: not from your perspective, which you know. I always find
Speaker 2: it funny when when people have tried to like ascribe
Speaker 2: different things and tried to put, you know, guys like
Speaker 2: you into a box. It's Hilary. I've heard people try
Speaker 2: to call you a liberal, and I'm like, Mike's not
Speaker 2: a liberal, And you know, whatever proof you think you
Speaker 2: might have for him being a liberal, it's your perception
Speaker 2: that's getting bent here. You know you want a simple
Speaker 2: answer to that, Mike, you admitted on this show you
Speaker 2: voted for Trump. You're not exactly looking to You're not
Speaker 2: exactly looking to join the woke mob. I know that,
Speaker 2: you know, you're just a solid guy who wants real
Speaker 2: answers about things and actually would like to advise people
Speaker 2: so that they don't get hurt in the markets more
Speaker 2: than you know doing a get rich quick scheme or
Speaker 2: trying to capitalize on your influencer status or whatever else.
Speaker 2: That's not you. You know, you're not one of those guys.
Speaker 2: And you're also not a grandpa who doesn't realize that.
Speaker 2: You know technology is coming clearly, you're using it, clearly,
Speaker 2: you understand it's usefulness. But what you're saying is, don't
Speaker 2: rely on that to do your thinking for you, I
Speaker 2: think is your overall message. Unless I miss something here,
Speaker 2: is that right?
Speaker 3: Yeah, you're right, that's right.
Speaker 2: So you know, at the end of the day, if
Speaker 2: you want a world where you know real thinking is valued,
Speaker 2: you're going to have to contribute to it by doing
Speaker 2: your own thinking. I don't know. Maybe that's the ultimate
Speaker 2: conclusion here, But then again, Mike, maybe you have a
Speaker 2: different way that we should close this out.
Speaker 1: No, tell people's side of email list and and stay
Speaker 1: tuned exactly. We'll have more to say in the future.
Speaker 2: And I'd love to have a chat with you about
Speaker 2: a bunch of things. I mean, if you want to
Speaker 2: talk about other media analysis. I don't know what movies
Speaker 2: or TV shows you've been enjoying but I got to
Speaker 2: tell you, the world of all of it is getting
Speaker 2: strangely distorted. And you know, is it just us getting old?
Speaker 2: You know, we are similar age. I think Mike's a
Speaker 2: little younger than me, believe it or not. But you know,
Speaker 2: and and oh, you're not coming to Dallas this year, right?
Speaker 1: I don't know.
Speaker 3: I'm not.
Speaker 1: I don't know for sweet it's what I'm doing, I'm
Speaker 1: going or not. I got something I won't know from
Speaker 1: four weeks, four weeks.
Speaker 3: I won't know from.
Speaker 2: Well if you do. I just had a guy on
Speaker 2: named Paul Abbott, and I like him. He's interesting us.
Speaker 2: He's now doing a podcast in support of his book
Speaker 2: and all that. And I got to be honest with you,
Speaker 2: I think that the next time you release a book,
Speaker 2: you might want to borrow from some of what Paul's
Speaker 2: doing because I like it. I think it's it's a
Speaker 2: good diversified way to get people to read your stuff
Speaker 2: and to digest it. And I like him a lot.
Speaker 2: He's one of my big suggestions for being a presenter
Speaker 2: this year. And he focuses on the death of Lee
Speaker 2: Harvey Oswald and you know all the things that went
Speaker 2: into that because that's another thing that occurred that weekend
Speaker 2: Let's not forget in Dallas. And I'm looking very forward
Speaker 2: to his analysis and discussion about the events of that
Speaker 2: weekend in November nineteen sixty three. And also I'm hoping
Speaker 2: to get a little time to hang out with the guy.
Speaker 2: He's really interesting. So if you do make it, I
Speaker 2: think we should all at least either make the trip
Speaker 2: to Campezi's or have lunch or something.
Speaker 1: Because oh, sure that'd be awesome, you know, I mean,
Speaker 1: I'm trying to go. I just I don't know. I
Speaker 1: got somethinge a family thing, I don't know.
Speaker 2: Well, look, I don't want to pressure you. I'm just
Speaker 2: saying obviously, I love it when you're there because it's
Speaker 2: always good to see a friend. And yeah, Mike full disclosure,
Speaker 2: is a friend of the show, friend of mine, and
Speaker 2: that's not why I appreciate his work. I appreciated his
Speaker 2: work before we became friendly, but very glad that you
Speaker 2: are still out there. And man, I got to tell you,
Speaker 2: whatever it is you do, I hope that you'll come
Speaker 2: here and we'll try and support in best best way
Speaker 2: we can. You know, anything that you do. And he's
Speaker 2: also yes, a sponsor of the show and one of
Speaker 2: the few that remains. So you know, and that again
Speaker 2: is not why I'm singing his praises. If I thought
Speaker 2: it was bad, I'd be critiquing everything. But I highly
Speaker 2: recommend The War State Why the Vietnam War. Mike's book
Speaker 2: on Danville, Virginia. Now I'm not familiar with the baseline
Speaker 2: material there, but my understanding is it's a solid book
Speaker 2: as well.
Speaker 4: In Denial Secret Wars with Air Strikes and Tanks by
Speaker 4: Larry Hancock. Secret wars became a staple of US covert
Speaker 4: operations and are still happening today. Larry Hancock's book In
Speaker 4: Denial rips the cover off many of them, using new files.
Speaker 4: It exposes things about the Bay of Pigs that no
Speaker 4: one has ever written about before. It shows why it
Speaker 4: really failed and why the United States did not.
Speaker 2: Learn from it. It also shows why other countries today
Speaker 2: are doing secret operations with more success. This is the
Speaker 2: book that puts what some want to deny into the light.
Speaker 2: In Denial, Secret Wars with Air Strikes and Tanks Larry Hancock.
Speaker 2: For more information, go to Larry hyphen Handcock dot com.
Speaker 2: Pick up your copy of In Denial at Amazon dot
Speaker 2: Com in Digital or Physical Force dot Com radio.
Speaker 5: The War State by Michael Swanson explains the great national
Speaker 5: transformation that took place and put the Kennedy presidency in
Speaker 5: the context of the times and reveals never before published
Speaker 5: information about the Cuban missile crisis. President Kennedy would not
Speaker 5: have been assassinated if he had been president two hundred
Speaker 5: years ago. His assassination took place in the context of
Speaker 5: the Cold War and the rise of the national security state.
Speaker 5: Before World War II, the United States was a continental republic.
Speaker 5: In the decade that followed, it became an imperial superpower.
Speaker 5: Generals such as Curtis LeMay not only wanted to invade Cuba,
Speaker 5: but knew that there were short range missiles on the
Speaker 5: island aren't with nuclear warheads that they could not destroy
Speaker 5: because they were on mobile launchers. Their invasion could have
Speaker 5: led to a Third World War, and they wanted to
Speaker 5: go to war anyway. The War State by Michael Swanson
Speaker 5: reveals why, and we'll show you what President Kennedy was
Speaker 5: up against. For more information, The War State dot com.
Speaker 1: Revel go ahead, Carlin in The Truth about the JAFA assassination.
Speaker 2: Right, Well, what do you want to know.
Speaker 1: Duddy Baker's wild claim Oswald girlfriend he knew Ruby and
Speaker 1: Barry answer weapons, Really.
Speaker 2: I imagine I could claim I have four wheels. It
Speaker 2: doesn't make me a wagon.
Speaker 1: But okay, Oswald was on the building and trying to
Speaker 1: prevent the murder of John Kennedy.
Speaker 2: Come on now, has a.
Speaker 1: Real effort on the day of hay assassination. Book into
Speaker 1: her claim.
Speaker 2: Go to Amazon dot com enter Judith Baker in her
Speaker 2: own words. You'll get the results for a digital copy
Speaker 2: of a book where Walt Brown utilizes her own words
Speaker 2: and the known evidence in the case to get at
Speaker 2: well a different perspective. Let's say you can get Judith
Speaker 2: Barry Baker in her own words from the author himself,
Speaker 2: signed if you request it by contacting doctor Brown at
Speaker 2: KIA s j F K at A O L dot com.
Speaker 2: It's a fun book and it actually dissects the many,
Speaker 2: many fantastic claims Judith very Baker in her own words.
Speaker 1: Thank you for all the great information.
Speaker 3: Elation.
Speaker 1: You are the fact colence broken Comsion