WEBVTT 1 00:00:00.160 --> 00:00:03.759 Six one seven two six six sixty eight sixty eight 2 00:00:04.120 --> 00:00:06.719 is the number. Okay, very quick as I want to 3 00:00:06.759 --> 00:00:09.679 go to the blazing phone lines six one seven two 4 00:00:09.759 --> 00:00:12.759 six six sixty eight sixty eight if you want to 5 00:00:12.800 --> 00:00:17.120 be part of the show. You know, uh, great calls. 6 00:00:17.160 --> 00:00:19.480 By the way, and the previous caller I thought made 7 00:00:19.480 --> 00:00:22.839 an excellent point Tom in Wisconsin that you know, well, 8 00:00:22.879 --> 00:00:25.879 the Supreme Court has ruled at technically the Federal Reserve 9 00:00:25.960 --> 00:00:31.239 and the Fed chair doesn't necessarily fall under the authority 10 00:00:31.359 --> 00:00:36.240 or responsibility or purview of the president. Now I just 11 00:00:36.399 --> 00:00:41.719 sit back for a second. How is this that you 12 00:00:41.840 --> 00:00:47.719 can have a democratically elected president who then appoints his cabinet, 13 00:00:47.880 --> 00:00:54.960 his financial team, and he runs on a specific economic agenda. 14 00:00:55.359 --> 00:01:02.240 You know, in Trump's case, low taxes, tariffs, low regulations, 15 00:01:02.759 --> 00:01:06.519 low interest rates. We know what he wants to do, rise, 16 00:01:06.920 --> 00:01:13.680 increase wages for middle working class Americans, unleash business creation, investment, 17 00:01:14.239 --> 00:01:19.599 economic growth, private sector. He wants the private sector to 18 00:01:19.680 --> 00:01:24.359 now drive this economy into the twenty first century and 19 00:01:24.439 --> 00:01:27.319 really create, as he put it, an economic golden age. 20 00:01:27.799 --> 00:01:31.239 So he's got all of these policies that he explicitly 21 00:01:31.319 --> 00:01:34.519 campaigned on and that the voters gave him a full 22 00:01:34.599 --> 00:01:43.040 mandate to implement, and it can be stopped by one man, unelected, 23 00:01:43.680 --> 00:01:47.120 some bureaucrat who, by the way, I didn't know this normally. 24 00:01:47.200 --> 00:01:49.560 I thought it was almost like a prerequisite for the job. 25 00:01:50.120 --> 00:01:55.439 You know, Get somebody who's a qualified, trained, educated economist, right, 26 00:01:55.519 --> 00:02:00.680 somebody who knows the economy, both macro and micro. No, 27 00:02:00.799 --> 00:02:04.680 not this guy. Apparently this guy's a lawyer. Ta ya yai. 28 00:02:05.560 --> 00:02:14.319 So one unelected, unaccountable bureaucrat can undermine a president's entire 29 00:02:14.759 --> 00:02:21.840 economic agenda that he was elected to an act. It's insane. 30 00:02:23.479 --> 00:02:26.639 It's insane. Now people are gonna say, I know what 31 00:02:26.719 --> 00:02:28.759 you know. For example, like the show after this one, 32 00:02:28.800 --> 00:02:31.319 they do a lot of finance, They're gonna say, I 33 00:02:31.360 --> 00:02:33.319 know what the rebuttal would be. The rebuttal would be, well, no, 34 00:02:33.439 --> 00:02:37.039 whoa You know, the Federal Reserve is essentially a central bank. 35 00:02:37.520 --> 00:02:40.159 The head of every central bank is independent. They have 36 00:02:40.240 --> 00:02:45.599 to be independent. They can't be susceptible to political pressure. Yes, okay, 37 00:02:45.680 --> 00:02:49.280 I agree, but take the I'm just I don't want 38 00:02:49.319 --> 00:02:52.280 to get too into the financial weeds here, but take 39 00:02:52.520 --> 00:02:54.960 I know these two countries very well. Canada and England. 40 00:02:56.080 --> 00:02:58.800 They both have a central bank, Central Bank of Canada's 41 00:02:58.800 --> 00:03:01.319 Central Bank of England, and they both have what's called 42 00:03:01.319 --> 00:03:03.439 the governor of the Bank, which is their equivalent of 43 00:03:03.439 --> 00:03:07.400 the FED shair. But if you look at the history 44 00:03:07.400 --> 00:03:10.479 of Canada to this day, history of England to this day, 45 00:03:11.960 --> 00:03:15.840 the heads of their central banks always work closely with 46 00:03:15.960 --> 00:03:20.560 the government in power. In other words, their role is 47 00:03:20.599 --> 00:03:23.840 how do I say this, like, Okay, we're there as 48 00:03:23.879 --> 00:03:29.759 a check, as a potential break if the government really 49 00:03:29.960 --> 00:03:35.639 enacts destructive policies. You know, if these guys are going 50 00:03:35.719 --> 00:03:39.199 to give us fifteen twenty twenty five percent inflation, I'm 51 00:03:39.240 --> 00:03:41.759 just you know, making up something. In other words, these 52 00:03:41.800 --> 00:03:46.199 guys are just driving the economy into the ground. Well, 53 00:03:46.240 --> 00:03:48.479 then I'm sorry, we're gonna have to raise interest rates 54 00:03:49.039 --> 00:03:51.159 to try to lower inflation because you guys are gonna 55 00:03:51.159 --> 00:03:56.039 wipe out the middle class. So the governor of these banks, okay, 56 00:03:56.120 --> 00:04:00.280 their version of the FED shair is not there to 57 00:04:00.439 --> 00:04:04.479 sabotage the government. They're not there to stop or block 58 00:04:04.879 --> 00:04:09.960 the government's economic agenda. They're there almost like, well, look 59 00:04:10.000 --> 00:04:14.639 if they really make serious mistakes, and it's something that 60 00:04:14.639 --> 00:04:18.399 could jeopardize the economic stability of the country. Yeah, we're 61 00:04:18.399 --> 00:04:22.839 gonna have to take certain measures, but that's as a backstop, 62 00:04:23.000 --> 00:04:28.600 as a last resort, not as a first resort, not 63 00:04:28.720 --> 00:04:31.000 as a We don't care what you guys want, We 64 00:04:31.040 --> 00:04:33.480 don't care what you were elected. We're gonna do what 65 00:04:33.519 --> 00:04:37.000 we're gonna do. That's what Paul is basically saying. They 66 00:04:37.000 --> 00:04:41.560 don't operate like that. For example, I can tell you this. 67 00:04:41.959 --> 00:04:45.079 The head of the Bank of Canada meets with the government, 68 00:04:45.199 --> 00:04:48.600 regularly meets with the Prime Minister, meets with the finance minister, 69 00:04:48.879 --> 00:04:51.680 their version of the Secretary of the Treasury meets with them, 70 00:04:51.800 --> 00:04:55.399 and in England the same thing. In other words, are 71 00:04:55.439 --> 00:05:00.079 we on the same page, let's try to coordinate. So 72 00:05:00.720 --> 00:05:05.160 we have someone now who's a saboteur. That's what your 73 00:05:05.199 --> 00:05:12.240 own power is. He's a deep state economic saboteur. Now 74 00:05:12.279 --> 00:05:15.279 I could run down country after country. I use Switzerland 75 00:05:15.319 --> 00:05:19.360 as an example. Do you know that Switzerland has a 76 00:05:19.680 --> 00:05:24.959 zero point two point five percent interest rate literally a 77 00:05:25.199 --> 00:05:31.720 quarter of one percent, a quarter of one percent, and 78 00:05:31.800 --> 00:05:37.480 their inflation is just slightly lower than ours. So what 79 00:05:37.519 --> 00:05:40.160 I'm saying is, look at what other countries around the 80 00:05:40.199 --> 00:05:46.959 world are doing. He's keeping these rates artificially high, and 81 00:05:47.000 --> 00:05:52.040 he's using the tariffs as an excuse. That's the only 82 00:05:52.079 --> 00:05:55.120 thing left he has. Well, these tariffs are we still 83 00:05:55.120 --> 00:05:58.360 haven't factored in if they're going to be increasing prices, 84 00:05:58.439 --> 00:06:01.560 I he cause inflation. Well we've had them now for 85 00:06:01.600 --> 00:06:05.279 what four months? Five months? Trump, by the way, announced 86 00:06:05.319 --> 00:06:09.439 a huge deal with Japan yesterday, massive deal with Japan, 87 00:06:10.600 --> 00:06:16.680 something that people thought couldn't be accomplished. Indonesia, Vietnam, They're 88 00:06:16.720 --> 00:06:22.120 all falling into place. And these are deals that finally 89 00:06:22.240 --> 00:06:25.439 open up all of their markets to our goods while 90 00:06:25.480 --> 00:06:29.480 they're accepting a tariff on their goods. So we're going 91 00:06:29.560 --> 00:06:36.560 to level the trade field once and for all. So no, 92 00:06:37.399 --> 00:06:42.519 everything they predicted, and this is what Powell predicted, This 93 00:06:42.600 --> 00:06:46.319 is what Wall Street predicted, This is what the media predicted, 94 00:06:46.879 --> 00:06:52.040 that Trump unleashing these tariffs would spark a catastrophe on 95 00:06:52.079 --> 00:06:56.399 Wall Street, that you would see a stock market collapse. 96 00:06:56.800 --> 00:07:00.639 Didn't happen. Stock market all time high six months, two 97 00:07:00.680 --> 00:07:05.160 six six sixty eight sixty eight is the number. Okay, 98 00:07:05.879 --> 00:07:08.399 let me ask all of you. It is the Kooner 99 00:07:08.560 --> 00:07:15.480 country Pole question of the Day sponsored by Marios Marios 100 00:07:15.800 --> 00:07:23.680 Quality Roofing, Siding and Windows. Should President Trump fire FED 101 00:07:23.800 --> 00:07:30.560 Chair Jerome Powell if interest rates are not lowered? Let 102 00:07:30.600 --> 00:07:35.279 me ask all of you again, Should President Trump fire 103 00:07:36.040 --> 00:07:42.879 FED Chair Jerome Powell? If interest rates are not lowered? Hell? 104 00:07:43.160 --> 00:07:48.120 I would say fire him now here, never mind wait 105 00:07:48.160 --> 00:07:51.319 another month or two until his next decision on whether 106 00:07:51.360 --> 00:07:54.600 the lower rates. But that's me. I'm an a on this, 107 00:07:54.839 --> 00:07:59.360 ayes b No, I'm not just a yes, I'm a 108 00:07:59.439 --> 00:08:03.879 hell yet. Yes, I'm I'm a on this all the way, baby, 109 00:08:04.360 --> 00:08:07.439 But that's me. I want to hear from you. You 110 00:08:07.519 --> 00:08:11.800 can vote on our web page wrko dot com slash 111 00:08:11.920 --> 00:08:17.480 Cooner wrko dot com slash Cooner. Kuh N is in 112 00:08:17.600 --> 00:08:21.639 national Er and as always and I paid tribute to 113 00:08:21.720 --> 00:08:26.439 Hulk Hogan yesterday on X to me great American. I 114 00:08:26.480 --> 00:08:29.560 am so sorry that he passed away way too early, 115 00:08:29.639 --> 00:08:32.679 only seventy one years old. But anyway, let that go. 116 00:08:33.840 --> 00:08:37.159 So I was active again on X. You can vote 117 00:08:37.159 --> 00:08:41.480 on X my handle there all one word at the 118 00:08:41.879 --> 00:08:46.720 Cooner report. K u h N is in national Er 119 00:08:47.360 --> 00:08:52.639 at the Kooner Report. To fire or not to fire? 120 00:08:53.559 --> 00:08:57.600 That is the question. Six one, seven two, six, six, 121 00:08:58.039 --> 00:09:03.200 sixty eight sixty eight mins are loaded. Okay, who do 122 00:09:03.200 --> 00:09:07.840 you want me to go to next? Mike Jeff in Tewkesbury. 123 00:09:08.159 --> 00:09:10.559 Thanks for holding Jeff and welcome. 124 00:09:11.919 --> 00:09:13.080 Hey, good morning, Jeff. 125 00:09:13.080 --> 00:09:14.320 How you doing good? 126 00:09:14.399 --> 00:09:15.360 How are you? Jeff? 127 00:09:16.360 --> 00:09:17.240 Very very good. 128 00:09:17.360 --> 00:09:22.000 So to answer your question of the day, the Federal 129 00:09:22.080 --> 00:09:26.320 Reserve needs to be imploded. It does not belong to 130 00:09:26.399 --> 00:09:31.799 we the people. So just a quick history lesson the 131 00:09:31.840 --> 00:09:37.720 Federal Reserve, the Central Bank, and the irs are all 132 00:09:38.039 --> 00:09:42.159 private entities. Okay, now I'm going to throw this out here. 133 00:09:42.200 --> 00:09:45.840 It may sound conspiracy, but the new world order, your 134 00:09:45.960 --> 00:09:49.600 world leaders. When you control what's the old saying, when 135 00:09:49.639 --> 00:09:53.559 you control the money, you control the people. Correct. Yes, 136 00:09:54.320 --> 00:09:56.840 So you've got to go back to eighteen seventy one, 137 00:09:56.919 --> 00:10:00.679 the organic app and that's when you the United States, 138 00:10:00.799 --> 00:10:05.120 unbeknownst to most people, don't know that America became a corporation. 139 00:10:06.200 --> 00:10:10.240 Our Constitution in upper and lower case used to state 140 00:10:13.240 --> 00:10:18.919 that the Constitution for America, not of America. And after 141 00:10:18.960 --> 00:10:22.919 the Act of eighteen seventy one, it became the Constitution 142 00:10:23.480 --> 00:10:30.039 of America in all capital letters. Now in eighteen now 143 00:10:30.159 --> 00:10:33.720 and then you had Abraham Lincoln who was assassinated, who 144 00:10:33.759 --> 00:10:37.120 brought back the green back dollar. Now, there was a 145 00:10:37.120 --> 00:10:40.080 lot of bankers that didn't want the central banking system. 146 00:10:40.519 --> 00:10:43.039 All right, real quick, they got to put on the Titanic. 147 00:10:43.159 --> 00:10:46.399 Those bankers that were against the central banking system were 148 00:10:46.440 --> 00:10:50.120 on the Titanic. It just so happens Jpre Morgan stepped 149 00:10:50.159 --> 00:10:53.320 off that ship the day of its set sail. Now 150 00:10:53.399 --> 00:10:56.840 you get to nineteen thirty three, the Federal Reserve Act, 151 00:10:57.240 --> 00:11:00.519 when we were all celebrating Christmas Eve with our f families, 152 00:11:01.279 --> 00:11:04.759 a third of Congress voted on the Federal Reserve Act. 153 00:11:05.120 --> 00:11:09.159 Now we have the Federal Reserves. Okay. And when you 154 00:11:09.240 --> 00:11:12.559 go back to that timeline, gold to silver was one 155 00:11:12.600 --> 00:11:16.759 to twelve. Now gold to silver is one to ninety three. 156 00:11:17.120 --> 00:11:20.039 Look at the value of the dollar. It doesn't even 157 00:11:20.080 --> 00:11:22.840 have the value of the paper that it's on. So 158 00:11:23.080 --> 00:11:27.320 you have to look at the forty thousand foot overview. 159 00:11:28.000 --> 00:11:32.399 What most people don't understand is an operation to completely 160 00:11:33.039 --> 00:11:36.960 take down the Federal Reserve in the IRS. And Trump 161 00:11:37.080 --> 00:11:41.320 is hinting this all along the way to include having 162 00:11:41.360 --> 00:11:46.320 his little visit to you know, the Federal Reserve and 163 00:11:46.559 --> 00:11:50.559 how the budget is over budget for renovations. That's just 164 00:11:50.639 --> 00:11:54.279 to get us talking. That's just to get the mind 165 00:11:54.360 --> 00:11:59.759 control released that most people are under mess dichosis. Ok 166 00:12:00.080 --> 00:12:03.919 we don't really understand the full picture that everything is 167 00:12:03.960 --> 00:12:07.559 going on here. And yes, Jeff, he is going to 168 00:12:07.639 --> 00:12:10.600 take us into the Golden Age. And how he's going 169 00:12:10.679 --> 00:12:15.720 to do that is by systematically destroying the Federal Reserve, 170 00:12:16.000 --> 00:12:19.879 eliminating the IRS and the central banking system. And he's 171 00:12:19.919 --> 00:12:24.200 going to introduce a quantum financial system. Okay, and it's 172 00:12:24.279 --> 00:12:28.840 going to be gold back and silver is going to skyrocket, 173 00:12:28.960 --> 00:12:30.960 so anybody out they get as much silver as you 174 00:12:30.960 --> 00:12:34.840 can purchase. But anyways, let all that go. My point 175 00:12:35.000 --> 00:12:39.759 is is the conversation that we have is just to 176 00:12:39.799 --> 00:12:43.440 get people to start opening up their eyes. Have a conversation, 177 00:12:43.840 --> 00:12:47.080 but everybody needs to start digging deep. And not for nothing. 178 00:12:47.519 --> 00:12:53.039 People think the IRS collects money and then we're creating highways. 179 00:12:53.759 --> 00:12:56.480 Ronald Reagan said of himself, there's not a single sense 180 00:12:56.559 --> 00:13:00.360 that the IRS collects that goes to anything that we 181 00:13:00.440 --> 00:13:03.600 do on our highways. Doesn't even pay for the ink 182 00:13:03.679 --> 00:13:06.720 that goes on our documents. Okay. The i r S 183 00:13:06.879 --> 00:13:10.360 is headquartered in Puerto Rico. Your tax dollars goes to 184 00:13:10.440 --> 00:13:14.440 Puerto Rico. It gets dumped into the International Monetary Fund, 185 00:13:14.879 --> 00:13:16.799 and you know, I don't want to say it, but 186 00:13:16.840 --> 00:13:18.919 I'm going to say it anyways, it goes to the Vatican, 187 00:13:19.320 --> 00:13:22.960 it goes to the city of London. Okay, that's where 188 00:13:23.159 --> 00:13:26.080 your money is going. And the I R S is 189 00:13:26.120 --> 00:13:30.799 a voluntary system. When you signed when you when you 190 00:13:30.840 --> 00:13:33.960 get a ten forty as an employee, that's a contract 191 00:13:33.960 --> 00:13:36.480 to the I R S. Now you are responsible to 192 00:13:36.480 --> 00:13:41.399 pay those taxes. But this it's been it's it's a 193 00:13:41.559 --> 00:13:46.360 voluntary system. They're not teaching it most people and not. 194 00:13:46.240 --> 00:13:49.240 For no Jeff, Jeff, I mean you put a lot 195 00:13:49.360 --> 00:13:52.519 on the table. I completely disagree with you at the 196 00:13:52.600 --> 00:13:55.919 last part your first part. I agree with the second part. 197 00:13:55.960 --> 00:13:58.559 I don't. The money is not going to the Vatican. 198 00:13:58.639 --> 00:14:00.440 I can guarantee you that the VATUS that again is 199 00:14:00.480 --> 00:14:04.759 practically broke because of the sex abuse scandal, and it's 200 00:14:04.799 --> 00:14:06.799 not going to London or I mean there's foreign aid, 201 00:14:07.279 --> 00:14:09.559 but it's not being dumped in some account in London, 202 00:14:10.600 --> 00:14:13.360 So that I think is off base. And I disagree 203 00:14:13.399 --> 00:14:16.320 with you your first point or the first half of 204 00:14:16.360 --> 00:14:19.960 your point. I thought was dead on the Federal Reserve, 205 00:14:20.320 --> 00:14:23.759 like every central banking system, is the lynchpin of the 206 00:14:23.799 --> 00:14:27.480 new world order. You're completely right. It was imposed on 207 00:14:27.559 --> 00:14:30.879 the American people against the will of the American people, 208 00:14:31.440 --> 00:14:33.559 like a bunch of thieves in the dead of night. 209 00:14:33.840 --> 00:14:37.440 There's no question. There's no question. And because a lot 210 00:14:37.480 --> 00:14:40.000 of people don't understand it's not even really that complicated, 211 00:14:40.559 --> 00:14:45.039 but they use a lot of financial speak and jargon 212 00:14:45.799 --> 00:14:49.440 and terms, and so people feel, well, I don't understand it, 213 00:14:49.519 --> 00:14:51.600 and if I don't understand it, let me not focus 214 00:14:51.639 --> 00:14:54.759 on it. They do that on purpose to intimidate people 215 00:14:54.840 --> 00:14:59.840 not to look. I agree with you. Trump now wants 216 00:14:59.879 --> 00:15:02.639 to reign in the Federal Reserve. I think there's no question. 217 00:15:03.279 --> 00:15:06.679 He clearly sees how destructive it is, how it works 218 00:15:06.720 --> 00:15:09.639 not just against him as a president, but against the 219 00:15:09.679 --> 00:15:12.759 interests of the American people, and he knows that a 220 00:15:12.799 --> 00:15:18.240 corruption scandal like this opens people's eyes to how evil 221 00:15:18.559 --> 00:15:23.320 and abusive and corrupt the Federal Reserve is six one 222 00:15:23.480 --> 00:15:26.960 seven two six six sixty eight sixty eight is the 223 00:15:27.039 --> 00:15:33.159 number Steve in Bridgewater. Thanks for holding Steve, and welcome 224 00:15:34.639 --> 00:15:35.320 Hi Caere. 225 00:15:35.440 --> 00:15:36.399 How you doing today? 226 00:15:38.159 --> 00:15:44.720 This idiot? He changes his voice. No, I know, I know, Mike. 227 00:15:44.799 --> 00:15:46.639 Let's put him back on just for the hell of it. Oh, 228 00:15:46.639 --> 00:15:52.080 he'd redropped him. That's okay, that's okay, Mike just dropped him. 229 00:15:52.080 --> 00:15:56.399 But no, really, this whole KKK. I'm holding a KKK 230 00:15:56.639 --> 00:15:59.720 meeting in Foxborough. Why don't you show up? I mean, 231 00:15:59.759 --> 00:16:02.879 he's he's such an idiot. Honestly, Mike, how many years 232 00:16:02.879 --> 00:16:03.840 has he been doing this? 233 00:16:04.720 --> 00:16:04.799 Like? 234 00:16:04.879 --> 00:16:08.240 What a yeah, ever since you've been here. I believe me. 235 00:16:08.240 --> 00:16:10.639 He went on way before you came on, Mike. 236 00:16:11.279 --> 00:16:16.480 I mean years and years and years, Like, just buddy, 237 00:16:16.600 --> 00:16:21.519 get a life, get a job, man, seriously, what a loser? 238 00:16:22.679 --> 00:16:26.039 Six one seven two six six. And by the way, Mike, 239 00:16:26.080 --> 00:16:29.759 how long did he wait? Like we've got serious callers 240 00:16:29.759 --> 00:16:32.039 who want to call him, but like this guy will 241 00:16:32.080 --> 00:16:36.080 wait just to do his stupid KKK routine. 242 00:16:37.080 --> 00:16:44.120 Six one seven two six six six. Definitely Biden's supporter. Okay, 243 00:16:44.600 --> 00:16:49.720 well you kind of respected Mike. Oh, he's got dedication. 244 00:16:49.960 --> 00:16:56.120 I at least that the dedication. Yeah, I guess six 245 00:16:56.200 --> 00:17:04.720 what I bet he's for all? That's Bill in Sudbury's brother. Oh, 246 00:17:05.039 --> 00:17:09.279 now it all makes sense, Mike, It's a family thing. 247 00:17:10.279 --> 00:17:14.160 Six one seven two six six sixty eight sixty eight 248 00:17:14.440 --> 00:17:19.839 is the number. Tom in Plymouth. Thanks for holding Tom, 249 00:17:20.160 --> 00:17:22.839 and welcome Hi Jeff. 250 00:17:22.920 --> 00:17:26.079 Thanks for taking my call. Plan a couple of points there. 251 00:17:26.279 --> 00:17:28.119 I just want to headline a couple of points and 252 00:17:28.119 --> 00:17:32.720 I'll come back and back for them. One the Federals 253 00:17:33.799 --> 00:17:39.920 funds the deep state. Number one. Number two it privatizes 254 00:17:40.079 --> 00:17:44.440 profit and socializes risk in the words, we get sticked 255 00:17:44.440 --> 00:17:47.119 with the bill. And number three, who the hell needs 256 00:17:47.119 --> 00:17:49.400 it in this day and age in the form that 257 00:17:49.559 --> 00:17:52.960 send what the Martin technology you have? As far as 258 00:17:53.000 --> 00:17:58.759 the deep state think of things like the Green New 259 00:17:58.839 --> 00:18:03.599 scam Ukraine, what have you right? They passed this legislation. 260 00:18:04.160 --> 00:18:07.680 We don't have the money trillions of dollars, you know 261 00:18:08.039 --> 00:18:10.640 for the Green New scan for example. That a reason 262 00:18:10.759 --> 00:18:15.079 of prints money and we get spit with the inflation. Bingo, okay, bingo. 263 00:18:15.400 --> 00:18:18.319 You laid it out beautifully, Tom, for the lay person 264 00:18:18.359 --> 00:18:21.200 out there. In other words, we can send money all 265 00:18:21.240 --> 00:18:25.000 over the world missiles, weapons, it's all and you know 266 00:18:25.039 --> 00:18:28.839 we're losing money handover, you know, handover fist. You can 267 00:18:28.880 --> 00:18:32.319 fund the Green New Deal, all these outrageous. You know, 268 00:18:32.440 --> 00:18:37.279 government projects that we can't afford, rack up trillions of 269 00:18:37.359 --> 00:18:41.400 dollars in deficits every year, a thirty seven trillion dollar debt, 270 00:18:41.400 --> 00:18:44.799 which will bankrupt our country. But in the end, the 271 00:18:44.839 --> 00:18:49.440 FED is there to just keep printing and printing and printing, 272 00:18:50.519 --> 00:18:54.240 and it drives up inflation, which means we're all paying 273 00:18:54.279 --> 00:18:57.759 for it. And that's the danger of the Federal Reserve. 274 00:18:58.200 --> 00:19:01.920 And that's why the Federal Reserve is necessary for the 275 00:19:01.960 --> 00:19:05.519 deep state, for socialism, and for the new world order. 276 00:19:05.880 --> 00:19:10.359 You laid it out beautifully, Steve. Sorry, Tom, I got Tom, 277 00:19:10.400 --> 00:19:11.960 Please continue. 278 00:19:12.559 --> 00:19:16.240 Okay, thank you. Remember on the housing crisis two thousand 279 00:19:16.279 --> 00:19:18.960 and nine, yes, you know, first that was that was 280 00:19:19.279 --> 00:19:22.200 manufactured by the Clintons. You know, they passed this thing 281 00:19:22.279 --> 00:19:24.799 called the Community the Investment Act, I think Todd to 282 00:19:24.839 --> 00:19:28.720 pastor Clinton put it on steroids. They did some prime mortgages, 283 00:19:28.880 --> 00:19:31.640 you know, they try to get minorities and others to 284 00:19:32.119 --> 00:19:36.920 buy houses. They took over Fanning and Freddy created variable 285 00:19:37.000 --> 00:19:39.160 rate mortgages. 286 00:19:39.279 --> 00:19:39.440 And. 287 00:19:41.200 --> 00:19:43.279 You know, and then in kind of reserve on Bernaki 288 00:19:43.640 --> 00:19:45.880 you can see that stair step graph. All they did 289 00:19:46.000 --> 00:19:49.680 was raise interest rates for about a year everybody couldn't 290 00:19:49.680 --> 00:19:53.279 pay their variable rate mortgages which changed changes with the 291 00:19:53.279 --> 00:19:57.000 FED rates and foreclosures that had happened all over the place. 292 00:19:57.319 --> 00:20:01.680 The stock market is limited, huge, huge job. For one case, 293 00:20:01.839 --> 00:20:06.160 people's homes, you know, lost value. Not one person on 294 00:20:06.240 --> 00:20:11.519 all street lost their equity, lost their jobs, lost their 295 00:20:12.240 --> 00:20:16.440 you know, their stock options, pay chicks bonuses, nobody. But 296 00:20:16.599 --> 00:20:20.160 what did the FED do? Printed and printed and printed 297 00:20:20.480 --> 00:20:24.279 and built out the financial industry, hence socialized the risk. 298 00:20:24.680 --> 00:20:27.039 We get all the losses, they get all the games, 299 00:20:27.359 --> 00:20:31.599 and it was just disgraceful. The number three I'll close 300 00:20:31.640 --> 00:20:37.440 on this trip with modern technology, artificial intelligence, it who 301 00:20:37.480 --> 00:20:40.119 the hell needs all these bureaucrats? Why don't we need 302 00:20:40.160 --> 00:20:42.480 these buildings, Why don't need these axes? Why do need 303 00:20:42.480 --> 00:20:46.400 these bureaucrats? That a lot of the stuff could be automated. First, 304 00:20:46.400 --> 00:20:48.599 it should be re engineered and redesigned to found out 305 00:20:48.599 --> 00:20:50.759 whether we need the damn thing. But if we're doing 306 00:20:50.839 --> 00:20:53.319 a couple of functions, most of it could be automated. 307 00:20:53.400 --> 00:20:56.000 We don't need it, and it's cont form getting rid 308 00:20:56.000 --> 00:20:56.319 of it. 309 00:20:57.240 --> 00:21:00.000 You know, Tom, you sound like Elon, And I don't 310 00:21:00.119 --> 00:21:01.839 mean that as an insult. I mean the exact opposite. 311 00:21:01.880 --> 00:21:05.440 It's a compliment. You're absolutely correct, not one hundred is, 312 00:21:05.480 --> 00:21:08.039 I like to say, but one thousand percent correct on 313 00:21:08.160 --> 00:21:11.720 every single point. Tom, Let me ask you this. You 314 00:21:11.720 --> 00:21:12.279 tell me if you. 315 00:21:12.240 --> 00:21:13.160 Agree or disagree. 316 00:21:14.359 --> 00:21:17.079 Say just if I could wave my magic wand say, 317 00:21:17.160 --> 00:21:18.920 you know, I got a genie, and the genie gives 318 00:21:18.920 --> 00:21:21.119 me a magic wand and they go, okay, I'm going 319 00:21:21.160 --> 00:21:23.319 to give you this wish. What's your wish? And I say, 320 00:21:23.720 --> 00:21:26.079 get rid of the federal reserve. Just get abolish it, 321 00:21:26.119 --> 00:21:29.160 eliminate it. Bang it's gone. So say, for the sake 322 00:21:29.200 --> 00:21:32.440 of argument, Tom, it's gone, okay the cooner man by 323 00:21:32.480 --> 00:21:36.200 waving the wand abra cadabra, and bang, the federal reserve 324 00:21:36.279 --> 00:21:42.160 is gone by not having a federal reserve. Would this 325 00:21:42.319 --> 00:21:46.799 not force the federal government? In fact, every government, state government, 326 00:21:46.839 --> 00:21:49.279 local government, but let's just stick to the federal government. 327 00:21:49.720 --> 00:21:53.400 Would that not force the federal government to have to 328 00:21:53.519 --> 00:21:58.400 balance their books? In other words, the only way they 329 00:21:58.440 --> 00:22:04.799 can continue to run these reckless runaway deficits and pile 330 00:22:04.920 --> 00:22:10.680 up this preposterous debt is because of the federal reserve. 331 00:22:11.640 --> 00:22:16.160 Take away the federal reserve and it's like you're forcing 332 00:22:16.200 --> 00:22:20.160 the government now to be fiscally responsible with our money, 333 00:22:20.720 --> 00:22:25.880 to balance the books, balance the budget, and inevitably scale 334 00:22:26.000 --> 00:22:28.880 back so much spending. Am I wrong? Tom? 335 00:22:30.519 --> 00:22:33.200 Oh? I'm totally with you, Jeff. You know, for example, 336 00:22:33.680 --> 00:22:35.880 you know how we raise the death ceilings all the time. 337 00:22:36.200 --> 00:22:39.000 That's just pretty much giving anybody a blank check, you know, 338 00:22:39.160 --> 00:22:42.480 unlimited credit card. And if that stopped because we don't 339 00:22:42.519 --> 00:22:45.240 have the federal reserve the print money in the form 340 00:22:45.279 --> 00:22:47.559 that they do, it's going to force our government to 341 00:22:47.599 --> 00:22:50.039 live within their means. It's going to force them to 342 00:22:50.200 --> 00:22:53.039 live within our constitutional in public the way it was 343 00:22:53.119 --> 00:22:56.160 laid out, and come to the people and justify what 344 00:22:56.160 --> 00:22:58.559 they want to spend the money on. Now, maybe there's 345 00:22:58.599 --> 00:23:02.519 a provision for war or you know, some kind of emergency, 346 00:23:03.279 --> 00:23:06.240 mainly war, but as far as anything else is concerned, 347 00:23:06.599 --> 00:23:09.960 look with an your damn means they don't have a 348 00:23:10.000 --> 00:23:10.799 revenue problem. 349 00:23:11.119 --> 00:23:12.359 The problem. 350 00:23:12.519 --> 00:23:17.119 You nailed it, Tom, professor. I'm gonna really your nickname 351 00:23:17.160 --> 00:23:20.039 now is professor Tom. And what's great is you're not 352 00:23:20.119 --> 00:23:24.160 a professor who talks above people's heads. Because it's all 353 00:23:24.200 --> 00:23:28.440 about you trying to sound smart. It's you communicating simply 354 00:23:28.720 --> 00:23:33.640 effectively right to the point. Uh, you gave a dissertation 355 00:23:33.920 --> 00:23:37.240 in three minutes on exactly why the Federal Reserve is 356 00:23:37.279 --> 00:23:40.240 so evil and why it's the lynchpin of the new 357 00:23:40.279 --> 00:23:44.920 world order. Tom Dynamit, call Dina, what do I? What 358 00:23:44.960 --> 00:23:49.079 do I keep telling all of you best audience in 359 00:23:49.160 --> 00:23:54.079 the business period six one seven two, six, six, sixty 360 00:23:54.119 --> 00:23:56.960 eight sixty eight, And just to push it one more 361 00:23:57.160 --> 00:24:00.799 step further, because Tom is right, you know, yeah, our 362 00:24:00.839 --> 00:24:03.759 founding fathers would say, you know, and those who founded 363 00:24:03.799 --> 00:24:07.319 our constitutional republic would say, well, yeah, you know, you're 364 00:24:07.319 --> 00:24:10.079 going to run a balance book, you know, bounced the budget. 365 00:24:10.359 --> 00:24:12.160 You're going to live within your means. That's the way 366 00:24:12.160 --> 00:24:15.599 it's supposed to do it. Okay, I understand if there's 367 00:24:15.640 --> 00:24:21.119 a real emergency, a genuine emergency, a war whatever. Now 368 00:24:21.680 --> 00:24:25.920 imagine if we would all have to buy bonds to 369 00:24:26.160 --> 00:24:29.519 fund their financial war. Probably they're gonna have to raise 370 00:24:29.559 --> 00:24:33.920 our taxes dramatically to pay for all this extra military spending. 371 00:24:34.480 --> 00:24:37.880 So now we're all really invested. In other words, boy, 372 00:24:37.920 --> 00:24:41.519 our taxes who really going up? Oh we're buying bonds 373 00:24:41.599 --> 00:24:44.359 versus you know, we're buying like money's flowing out of 374 00:24:44.400 --> 00:24:48.079 our pockets. What do you think the pressure is then 375 00:24:48.119 --> 00:24:51.880 on the politicians. We got to end this war now. 376 00:24:53.440 --> 00:24:55.799 In other words, we can't do in a Rock or 377 00:24:55.839 --> 00:24:59.559 an Afghanistan or a Vietnam where this thing goes on 378 00:25:00.200 --> 00:25:04.720 year after year after year because of deficit funding. In 379 00:25:04.799 --> 00:25:07.880 other words, hey, we're taking a lot of money out 380 00:25:07.880 --> 00:25:11.880 of people's paychecks to fund this thing. That's a lot 381 00:25:11.920 --> 00:25:15.279 of their treasure. We're going to end it. We're going 382 00:25:15.359 --> 00:25:18.839 to win it, and we're gonna win it quickly and decisively. 383 00:25:19.680 --> 00:25:23.000 So you have Congress then declare the war. You have 384 00:25:23.039 --> 00:25:26.799 a war declaration, a declaration of war, and then we 385 00:25:26.880 --> 00:25:29.759 go and we win the war, and the war is 386 00:25:29.799 --> 00:25:35.880 over quickly with a final, decisive victory. And then people say, Okay, 387 00:25:36.039 --> 00:25:39.359 no more deficits, no more debt. You return spending to 388 00:25:39.400 --> 00:25:42.519 what it was before the war, and people's taxes start 389 00:25:42.559 --> 00:25:45.759 to come way down. That's how you function in a 390 00:25:45.799 --> 00:25:50.160 constitutional republic. So what I'm saying is you wouldn't just 391 00:25:50.279 --> 00:25:56.720 have endless debt and deficits and borrowing and spending, but 392 00:25:56.839 --> 00:26:02.599 you would also end endless war. The Federal Reserve is 393 00:26:02.640 --> 00:26:09.119 an evil monster. Six two six six, sixty eight sixty eight, 394 00:26:10.240 --> 00:26:15.480 Brian in North Attleborough. Thanks for holding, Brian, and welcome. 395 00:26:17.200 --> 00:26:17.440 Jeff. 396 00:26:17.480 --> 00:26:21.960 Appreciate steaking the call, My pleasure. Yeah, and the question 397 00:26:22.079 --> 00:26:25.359 about the bed, if it's really not in Trump's power 398 00:26:25.440 --> 00:26:28.759 to fire, oh, then I don't think you should do so. 399 00:26:29.880 --> 00:26:32.599 Even so, I think MAGA is gonna run over things 400 00:26:32.640 --> 00:26:36.599 if they prolonged rates being dropped. I think it's gonna 401 00:26:36.599 --> 00:26:40.519