Speaker 1: Oh my goodness, Zach Abraham's looking at me. He's I
can't wait for you to see Zach, don't do it,
don't show the people yet, make him wait. And here's
Zach's voice, don't do it yet. There is a fascinating
article for MarketWatch. Something very very bad has happened to
the economy. It's under Trump. I can't wait to share
with you what it is. We'll talk about that. Plus
jd Vance did a one minute, thirty two second masterclass
on why we don't want to have a race to
the bottom while we have other countries taking a race
to the top. We'll talk about this with the help
of No Your Risk Radio dot com and of course,
thank you God Almighty.
Speaker 2: But Todd Herman show is one disapproved by big pharma
technocrats and tyrn's everywhere from the hind mountains of Free America.
Here's the Emerald City exile Todd Herman.
Speaker 1: Today is to day the Lord has made in These
are the times to which God has decided we shall live.
And we'll get to this video here. Jd Vance. Let
me just play this real quick, Zach, so the people
can see this. But not before I say welcome brother,
good to see you.
Speaker 3: Hey, good to be here.
Speaker 1: And congratulations in the new studio. You know, when you
acquired that building in Manhattan, I didn't know it was
going to be the whole building for the studio. But
the vast space on it and it's just really nice.
And the landing gear or the landing strip up there
for the helicopter and stuff is so good.
Speaker 3: Yeah, I had to have a helipad man, you know
how we roll right exactly? Yeah.
Speaker 1: So here's JD. Vance And this is like a ninety
second masterclass on America and arrogance and hubris and a
guy who really is looking at for real right sizing
the economy in a way that could be sustainable for
American people and families. Watch this.
Speaker 4: Cheap labor is fundamentally a crutch, and it's a crutch.
Speaker 3: That inhibits innovation.
Speaker 1: I might even say that it's.
Speaker 4: A drug that too many American firms got addicted to. Now,
if you can make a product more cheaply, it's far
too easy to do that rather than to innovate. And
whether we were offshoring factories to cheap labor economies or
importing cheap labor through our immigration system, cheap labor became
the drug of Western economies, and I'd say that if
you look in nearly every country from Canada to the
UK that imported large amounts of cheap labor, you've seen
productivity stagnate. And I don't think that's not a total happenstance.
I think that the connection is very direct.
Speaker 2: Now.
Speaker 4: One of the debates you hear on the minimum wage,
for instance, is that increases in the minimum wage force
firms to automate, So a higher wage of McDonald's means
more Kiosks, And whatever your views on the wisdom of
the minimum wage, I'm not going to comment on that here. Companies,
innovating in the absence of cheap labor is a good thing.
I think most of you are not worried about getting
cheaper and labor. You're worried about innovating, about building new things.
About the old formulation of technology is doing more with less.
You guys are all trying to do more with less
every single day. And so I'd ask my friends, both
on the tech optimist side and on the populace side,
not to see the failure of the logic of globalization
as a failure of innovation. Indeed, I'd say that globalization's
hunger for cheap labor is a problem precisely because it's
been bad for innovation. Both our working people are populists
and our innovators gathered here today have the same enemy.
And the solution, I believe is American innovation.
Speaker 3: So zach.
Speaker 1: The money line a lot of people talking about there
is that cheap labor is as a drug for the globalists,
but so much in there, particularly the idea that the
rest of the world was going to say, Okay, we'll
just make your hardware, you make the software.
Speaker 3: Yeah. Well, the funny thing about that, and I like
the way that jd Vance wrote that, or the way
or the way that was rote for him or whatever
how we said it. But but the interesting point about
that is that in the corporate world, we all know
that the most profitable way to go about doing things
for a corporation is vertical integration. Right now, you can
you can be I guess, if you open up a
facility or you own the facility, or as close you
can get to owning a facility in China, you can.
You can claim that you're vertically integrated, but you're not.
Speaker 2: Right.
Speaker 3: There's a part of vertical integration. That is that is
about cost cutting. But there's another part of vertical integration
that allows you to control your supply chain and allows
you to you know, you're vertically integrator. You control the
you control the whole process. And in an effort, in
an effort to yeah, to garner more profits, we basically
just outsource that to China, and then you know, sort
of cut our own throats in the process, right, Like
we we took it too far and we lost sight
of the fact it margins are not everything. There's a
reason we want to be vertically integrated. And then and
then also vertically integrated as a country, meaning you know,
you've taken it. It's like everything, right, Like globalization in
its simplest form made sense and could be a net
positive for everybody in the world up to a point.
Then you go past a certain point, like when we
get to the point where we're outsourcing the production of
our power transformers to to to governments that are not
friendly to us, right, and we don't maintain a bit
of domestic production capability. That's irrational, right, And and I
and and furthermore, I think it, I think it points
to just something beyond just greed. Meaning it's really hard
for me to envision a scenario in which part of
that strategy was not to make the world more interdependent, right,
Because if you're economically interdependent, and if your entire, if
your entire production facility, of all of your labor and
manufacturing happens in China, you know, any any attack on
China or any military engagement with China is slitting your
own throat economically.
Speaker 2: Right.
Speaker 3: So it's hard for me to look at that and say,
okay that the architecture of this system, part of it
was geared towards the idea of the end of sovereignty
to something, you know, the end of national sovereignty to
some degree.
Speaker 1: Oh right, there's there's no doubts. And remember the mindsets
of postmodernists and globalists is they are going to build
heaven on earth. Yep, They're going to stack up enough papers,
enough policies, enough policy papers, enough shaming, enough power that
in their wisdom and their smarts, they're going to solve
what they think of as let's say, moral problems, or
they're going to solve what they think of as structural
equity based problems. You and I can look at and say, wait,
so you're going to solve sin problem. You're going to
solve greed and human tide, right, You're going to solve
humankinds and give them their credit. I mean, they've tried
to kill a bunch of us multiple different ways, and
so there's at least they have that. But that's they're
going to build what they would call utopia, and we
would look at that go no, there's a new Heaven
or new Earth where that's coming. But you cannot get
rid of the sin issue. And I'm not saying that
wanting to vertically integrate a company is a sin issue,
but people have agreed and also an instinct for self preservation.
What I really liked about what Vance said, though, is
he's talking about oh and the famous thing was, well,
if that happens, you can learn to code. There is
such a disdain at the elitist level for people who
do things with their hands and build things you can touch.
That's the stuff they always want outsourced. That's let the
little people do that. There's such disdain for that. I
can't tell you how cool it was when I went
to my grandpa's house and I would see he had
a TV. Zach this thing furniture man. Yeah, do you
remember those?
Speaker 3: Oh yeah? And it big suckers with like a twenty
seven inch screen.
Speaker 1: Right, And I get it. I don't not really wants
a big box of a TV. But there was art
in that. Yeah, I mean I want that TV to
this day. I would love to have it as an
art piece. It speaks to we're going to value craft.
We should value craft rather than what he's like. Later
on we'll talk about best Nett. He had this thing about,
you know, flat screen TVs. But can we return economically?
Can it happen that we get our house in order
enough that craftsmanship is actually something we're willing to pay
more than you know, having something come over from Sweden
from an Ikea. Can we get there?
Speaker 3: Yeah? You can? And there's in my opinion, you've got
to go after it several different ways. First of all,
you have to address the regulatory side, because you've got
to make materials cheaper here. You've got to make processes
cheaper here because labor costs are going to be higher here, right,
and that's part of it. Another way you get to
offset that is craftsmanship, right, Like, I am one hundred
percent confident that the craftsmen we have in this country
are second to none, certainly second to nobody in China
as far as my ability to you know what I mean.
Just and that's no slam on China. Just you know,
we're a much more artistic, uh country, right, you know,
look at any of the arts and you'll see that represented,
you know, repeatedly. So you have to address it on
the regulatory side. You've got to address it on the
on the material side, which is part of the regulatory issue.
I think you knew. You address it on the tax side,
meaning we need substantially reduced taxes for those at the
lower end of the deal. And I think you can
do that without having to put you know, the other
side of it is contrary to what these utopians would
tell you. You're fully taxed on the other side of it.
Right now, Should they get rid of the should they
get rid of the carried interest tax? Well, of course,
right because the only people that get to take advantage
of that tax or that loophole rather are billionaire hedge
fund managers, you know that that that have the inside
connections and all that kind of stuff. Anyway, so you know,
guys like Mew manage money. We can't take advantage of
that loophole. So, yeah, you've got to address those issues.
You've got to make doing business here in the United
States cheaper and more efficient at the margins. But yeah,
if you do that, you can get a return. Now,
will you have Will it make things net more expensive? Yes,
but again you're you're you're compensating for that by lower
of lowering regulatory regulatory costs, lowering production costs, lowering material costs,
and so you can help offset some of that. And
then the other side of it is like you and
I have spoken about what we need to get used
to the idea of inflation in this country at two
and a half to three and a half percent. The
days of it being one and a half to two
are are over. And the reason I say they're over,
it's not that you can't go back there. But when
you look at it in hindsight, the reason you got
down to one and a half two percent inflation was
because of exporting labor, right, That's what that's why. So
that one metric that looked good, it was good, but
look at the cost we had to pay, right, It
was no POI and epidemic, it was the slowest growth.
It was the slowest wage growth coming out of a recession.
So we need to accept that the trick is going
to be to do all these things and keep that
inflation rate at two and a half to three and
a half. And the only way you're going to be
able to do that is by addressing the regulatory side,
in the tax side that we were talking about.
Speaker 1: Absolutely, and look, we can learn a lot internationally. It's
not to say that we shouldn't strive to have good
international relations. I was just reading something internationally. I just
read this study. I will link to it. It's on
Springer and it's an Australian study about sleep being a
DNA issue. This blew my mind that there are DNA
problems and facts and this was this and the guys
at Magnes and Breakthrough. But Bibtim has sent me to
this found that low levels of magnesium actually creates sort
of an open door to your DNA and that can
radically screw you up. I mean, we know what the
injections did, right, so eighty percent of people are walking
around with the magnesium deficits and really this can cause
with that open door to your DNA, you to get
worse and worse sleep over time. So people have said
to me, you're obsessed with your protocols. I've had people
learn you have how many ounces of water before I
get out of bed ninety six every morning? Yep? And
you eat the same five foods every day yep, at
the same time roughly, same macro levels roughly. And you're
obsessed with magnesium Breakthrough. No I'm not. I'm obsessed with sleep.
I'm obsessed with the one thing you can do, short
of fitness, to help your body repair itself, and that sleep.
So Magnesium Breakthrough helps with that. It's also helping you
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They're all stellar from a good company in the supplement industry.
And yeah, so this research piece came from Australia. But hey,
let's Erica first, sleep first. So Zach, there was some
terrible news in the economy, and I want to leave
it to the folks that are give credit to the
folks at market watch for calling my attention to this.
I'll just get to the headline because it's vital that
the people know gas prices are heading below three dollars
a gallon. Why that's actually not a good thing. When
the economy slows, gasoline demand drops, says gas buddies Patrick Dehan.
I would say, and I read this, and I don't
know if you saw this act this is break it.
Use what we said town record. A federal court judge
has ordered that gas prices need to go back up.
Speaker 3: You got to be joking.
Speaker 1: District judge out of DC says it's unconstitutional that the
prices are low.
Speaker 3: Yeah, you know, I am joking.
Speaker 1: But I got you, didn't I yeah, you.
Speaker 3: Did get me because I have just I was just
made aware via CNN this week. I was just made
aware that district court judges can interfere with the executive
branch's dealings with foreign entities. I was not aware of
that previously. Yeah, yeah, which is really fascinating. I was
actually under listen to this, Todd. This shows you how
childish and underdeveloped I am politically. I was under the
impression that the judiciary could really only intervene on legislative matters, right,
i e. Ruling on the constitutionality of existing legislation. I
was also under the impression that the judiciary was not
capable legally of creating legislation on their own. But I
have found out this week that that is not the case,
and that the Trump administration believes that they're above the
judicial system in this country. Yes, that's what I found
out on seeing that.
Speaker 1: Well, I look at this headline and I presented it
to you on purpose. Gas prices are heading below three dollars.
Why that's not actually a good thing. And I'll present
this to you. This is another one Federal court judge
says egg prices have to go back up. Is either
one less bizarre. One is a real headline the gas prices.
One is from the Babylon b and we can't believe this.
Here's what I've discovered. Now follow me in this and
see if I'm right.
Speaker 3: Zach from You Want a judge really said gas prices
have to go back up.
Speaker 1: Well no, but okay, but no, but you're cycling on
it mentally right, because it's believable.
Speaker 3: It is believable.
Speaker 1: A federal district court judge in Kentucky said egg prices
have to go back up.
Speaker 3: Yeah, yeah, it is.
Speaker 1: Well, here's the best one. This is the best one.
Speaker 3: I think.
Speaker 1: This is also from the Bee Federal District Court judge
rules astronauts must be put back in space.
Speaker 3: Yes, yeah, okay.
Speaker 1: Here's what I've learned, and how this can possibly be
explained from a perspective of a god who's a god
of order, not cast you. You explained it to me,
Zach quick civics lesson how many presidents of the United
States do we have it? One single time?
Speaker 3: One?
Speaker 1: No? Well no, I'll helpg.
Speaker 3: In the lbgtqu or LBG LGBT eq zeta whatever else
they throw there. I suppose you could have seventy three
presidents at one time.
Speaker 1: Identify as No, we have six hundred and seventy nine.
Oh yeah, so there's six hundred and seventy seven district
court judges.
Speaker 3: Yep.
Speaker 1: They all have equal power over the executive branch. In fact,
they have superior power. Orsident wants to do something, they say, no,
he's supposed to stop. Then you got the Supreme Court,
then you have the presidents. They all issue national rulings. Right,
judges can just issue national rulings even if they're district court, which,
by the way, why do we have district courts if
they go beyond the.
Speaker 3: District, Well, they can't go beyond the district.
Speaker 1: Well, but they did in the case. Yeah, but in
this latest guy who said turn the plane around. So
he's a judge calling your traffic control high, I'm the
chief of the district court and Washington, DC. You turned
that plane around. Plus, I want to know what they ate.
None of the people on that plane came from the
DC district.
Speaker 3: Yeah. The overreach of these people and the lack of shame.
I was saying, this is somebody the other night or
last night actually on this exact same topic. What infuriates
me about these people, other than their just complete disregard
for the rule of law, is how they remind me
of the person in the Bible that referred to as
I think it was talking about a foolish woman, but
it could certainly be applied to anybody. But how they
burned down their own house? Yes, right, you're burning down
our own house, idiot. You're doing things that make all
of us, include you, less safe. You're overreaching, you're perverting
the role of the judiciary in our system. So where
where did we get to the point where? And you
and I have talked about it in so many different ways,
but these these idiots just keep recycling this. We've got
to rip down democracy to save it. When has that
ever worked? When is anybody other than authoritarian and a
dictator stated something like that exactly?
Speaker 1: And let's apply this to a different form. Okay, let's
let's apply it to what's a what's a good chain
store that actually does quality work, not target they're god awful? Okay,
Chick fil A? So let's take Chick fil A. By
the way, have you ever you love Chick fil A?
Speaker 3: Well? So, I think they've got really tasty sandwiches. I'm
not a carb guy, though, so you know, I usually
I'm not eating them, but I love the corporate culture.
The candy or the food is good they're closed on Sundays.
It's it's good company.
Speaker 1: Okay. So just before we get to the commentary here,
I went to an event organized by some car Rove
types in Texas. Carl was there, and it was just
bizarre to walk into a lobby and have walk in. Hey,
I ate breakfast at that guy's house and he cooked,
and there's Carl Rove. Hey, Carl, and he remembered me,
and that was very kind. And so went up and
were being we were being asked to advise these billionaires
on digital investments for politics, and it's all day. They
bring us down. They put us in a beautiful resorts,
you know, car there, et cetera, flight, first class, all this,
and lunch is coming. I'm like, oh, this is going
to be good because the resort they put us in.
I had a suite of rooms, you know, room services on.
This is going to be good. Chick fil A, what
do you think? Well, I honestly, honestly, I get why
people like it because it's sugar and fat and the
perfect amounts with the tiny bit of protein thrown in
and then the crisp I get it. In any case,
I thought it's and they were excited Oh my gosh,
it's Chick fil A. I'm like, you guys are billionaires
and you're eating Chick fil A. Okay, that's it. Here's
the Applications Act. Let's say Chick fil A HQ comes
out and they say we are going to now institute
a deal where you get two bags of fries with
every Crispy Chicken sandwich you get. Okay, and some employees
down chain go a district manager. District manager, now now
we're not and that district manager goes the other districts
don't do it. Like I've decided we're not doing this
in a rational sense. This is the same stinking thing.
You cannot make an argument otherwise. So how does John
Roberts get away from not understanding if you want everybody
to distrust the judiciary, if you want to push us
to the precipice of President Trump being morally correct to
say I'm not doing it. That's dude, that's where we're at.
And that would be just like a district manager of
Chick fil A saying to the CEO, no, I'm not
doing it.
Speaker 3: You know it would. I don't understand how it is
any difference other than his actions of course, now I
think it's very different on a legal basis. But if
Roberts saw it fit to come out and make those comments,
then where was he when Biden rolled over the Supreme
Court and started handing out a scholarship forgiving or for
you know, forbearons, loan.
Speaker 1: Forgive this, or loan shifting making it and I pay
for someone else's loan?
Speaker 3: Yeah? Where was that? And then the the other part? So,
but that brings up John Roberts to me is a
classic Bush appointee. We were just talking. What was the
name of the I always forget and want to call
him David's suitor, And it's not David Suitor. But who
was the guy that George Bush won appointed who ended
up not being a wolf in sheep's clothing, ended up
just being a wolf straight up? Like was just a
flat out liberal. It was just a swing and a
miss on the court. Who was that?
Speaker 1: I can't remember suitors last name, but Alex can look
it up for us, just as suitor.
Speaker 3: Yeah, I don't think he wasn't David Suitor. I don't
think what it wasn't suit I didn't think it was suitor.
Speaker 1: That should be in the tip of my tongue.
Speaker 3: But it's not.
Speaker 1: But in any case, Roberts, I'm talking about Yeah, David H.
Speaker 3: Suitor, you're right, Okay, that was a bush appointing.
Speaker 1: Okay, well I knew Suitor was.
Speaker 3: Yeah.
Speaker 1: So track Robert's career of late on the topic of gender.
The founders meant gender, they meant gender identity. They just
didn't say it.
Speaker 3: Oh. Is that what he said? Is that one of his.
Speaker 1: Rulings indicates, good God, his first betrayal on Obamacare. Do
you know what the rationale was?
Speaker 3: Yeah, he said it was a tax when the entire
administration's legal argument for was that it wasn't.
Speaker 1: Yes, they actually went into court and testified under oath
under oath that it tax. This is not a tax.
There are no taxes in Obamacare. These are fines for
not doing something. This is our testimony. Oh okay. And
then John Roberts the night before I know this because
that person is close to being a Supreme Court justice
without being one, wrote me and said they got to Roberts,
He's gonna flip. He comes and says it's a tax,
and he didn't go back and say, by the way,
they committed purjury to the Supreme court, they're going to prison.
That's one. The other one is is perhaps worse. So
when a bunch of Republican states said, why are we
providing Obamacare exchanges? This is destroying our country. We're not
going to do this, so they stopped providing the exchanges
so people couldn't shop Obamacare. The Washington d C said oh,
they can use the DC exchange, and people sued and said, no,
that's not a state because the law was by one
of the many states. So the district to DC, the
city of DC said they can use exchange. So you're
from Texas, you can use exchange. That goes to court.
John Roberts, in his decision, effectively explained that DC's basically
a state.
Speaker 3: Except that it's not.
Speaker 1: Except that it's not. Right now, you have John Roberts,
and this is I don't want to do false witness,
but I think A. I think he's compromised. B. I
think he and Comy Barrett are. I think Comy Barrett
is terrified of leftist agitators, and maybe rightfully so, since
they're allowed to go run and burn down Tesla's and
Tesla facilities and they're swatting conservatives, which I think God
hasn't gotten someone killed. But now we end up in
this case where we have, in my mind, Zach, back
to this gas price thing, that's I'm sorry, that's legitimately
a good thing. We've seen things with President Trump. We've
seen eliminating the electric vehicle manadate, eliminating the congestion pricing scheme,
clothes the fi FAA's DIA program, did away with this billion,
multi billion dollar scam for the EV charging program that
has delivered none of this. We are on the precipice
zac in my mind of seeing an actual something I
never thought what happened. I feel like we might actually
be on the precipice of an economic comeback and they
are going to block it.
Speaker 3: Yeah, well, they're certainly trying to the other thing. And
I want to ask you this question because I've been
looking into this and I can't really I'm not sure,
but I think I'm down to where we're at on this. Okay,
So the whole issue about that, well, i'll use their terms,
the whole Elon Musk coup that's currently being executed. Right,
Isn't this just come down to a game of semantics? Right?
Because from my understanding about this. This is about the
appointment clause in the Constitution, right and saying that an
advisor that does not go through the appointment process through
the Senate, right, cannot be the effective head of a
government agency. But if Musk is an advisor, which means
all he's doing is advising Trump and Trump is making
the call, then there's nothing anybody can do about that. Correct.
Speaker 1: Uh, yeah, you want advisors, let's give you. Let's give
you one. Right off the bat. The CEO of Disney
in and out of the Oval Office, advising Obama on
the economy was his advice. It was to continue on
the same thing of giving American money away, allow companies
to offshore, push them further offshore, let people learn to code.
That was their advice. You had a guy who wrote Obamacare.
Forget this guy's name. He was an unbelievable weasel, and
he's the guy who laughed and giggled. Of course the
American people are stupid, so we're pretending they could keep
the care. He wrote Obamacare, and he wasn't appointed. He
was an advisor. He was a college professor. He got
to write Obamacare. And there was no question about that,
no propriety about that right or impropriety. And Elon Musk
is advising and being allowed to look into the data forensically.
But Elon Musk can't cut anything.
Speaker 3: Wasn't that guy's name? Was that Jonathan Grueber, Johnny Grueber?
Speaker 1: Yep, be fair. Tell the people you googled it, Johnny Grueber.
Speaker 3: One hundred percent? Yeah, Google that. I was driving me nuts,
So I was like, that's oh.
Speaker 1: He was so annoying. But that's yes, that's exactly what
they're trying to make this about. And look how many
consultants were getting paid by the federal government to consult
the federal government Deloitte and two shit, et cetera.
Speaker 3: But look, isn't this as easy as Trump just saying no,
he's an advisor. Those were my calls, like, I'm just
I'm laughing at the people talking about Musk because they're
must cut fin USA. He didn't cut anything. He doesn't
have the power of the purse Trump cut those painments off.
Speaker 1: Well, let me explain in a second way I think
they're doing this. Then I do want to get into Zack.
If they get away with actually doing some of these
things to economy, we're going to see real pain for
the first time in a long time. But dude, it
is righteous pain. It's pain we need to have. So
we need to talk about this. During the COVID lockdowns
you probably went through. I mean, there's a whole bunch
of pain. People saw their kids locked down, they can't
go to school. We know about the mental effect on kids,
a spiritual effect. We saw churches decline. Oh you know
that was a future, not a bug. And you also saw,
of course, doctors told, don't you dare prescribe ivermectin or
hydroxychloroquin or antibiotics or vitamin D or vitamin C. Don't
you do that? And there are a few doctors who
stood tall and brave, and there were some pharmacies who
refused to provide it even if a doctor said, provide
avermectin hydroxychlorquin pharmacist, no, no, we're not going to do it. Well,
there was the opposite of this, a place called Allfamilypharmacy
dot com slash herman. They provided it, so all around
the country you needed ivermectin, needed a hydroxychlorquin antibiotics. They
refused to play the game. They also spoke truth and
they look, this is their copy I'm reading. This is them.
This is suggested intros Todd, Big Farmer and the government
team that have to suppress proven treatments like avermectin and
hydroxychlorquin Why because admitting they worked would have disrupted their
push for an experimental vaccine lining Pfizer's pockets with billions.
Control of your health was the goal. Anything that which
challenge that challenged that with silence. That's their copy. That's
how they speak. And by the way, we're gonna have
one of the brothers on. When I say it's all
family pharmacy, it really really is. Their mother works. There
two brothers. And here's the deal. There are some very
famous now health freedom companies and you probably know who
they are, focusing on wellness, etc. Guys. Those are lead
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Use coupon code Herman to save ten percent. Zach, here's
the thing I think why they're doing this to Elon
m is they have now run out of supply of
hate for Donald Trump. So they've they've got all this demand,
they've tapped, They've tapped the market. Ain't no one buying anymore.
No one's gonna start hating Trump. Nothing's gonna happen like that.
So take Musk. We need a new target, We need
a new hate Slolinsky said. Even the most committed activists
gets bored. You have to change your tactics. So now
they're giving the street activists a new fund to have
hey burn down Testless. So you have these people, these
cowards king Testless. They're the little tiny activists, and they
get their dopamine hit. I key to Tesla today. I'm
an activist. You got the people occupying test the facilities
I occupied it, then people burning them down. They chose
a different target. Pick a target isolated, cut it off
from a sport base. Tim Waltz was up bragging about
Elon Musk's stock price going down. Meanwhile, just so everybody's aware, Twitter,
which had been valued at about ten billion, when Elon
Boda is now valued at forty four billion. He just
did a new funding ground value forty four billion. And
you have Tim Waltz out celebrating the stock at an American
company that employs hundreds or thousands, thousands of people going down.
That's what they did. Does that make sense?
Speaker 3: Well? Yeah, but I mean, if you know, if you
honeymooned in Beijing, you probably wouldn't be shared for American
corporations tier. So, to be fair to mister Wallas, the
other thing is, uh, I love he's such an idiot Waltz.
He's like, yeah, I think I could kick all their
ass singular right, And I'm like, do you mean to
throw an e s on the end of there? You
more on just that guy just craze.
Speaker 1: But I mean, there's that whole famous thing, the greatest
thing jd Vance ever said to marsh Marthaach do you
hear yourself? And to Tim Waltz, do you see yourself?
Speaker 3: Yeah?
Speaker 1: Real, you are going to be able to kick the
a doubles of a triple deep Fried Heffer chocolate cake.
Speaker 3: Yeah, I mean, and he would take that thing to task.
I got no doubts about that. The the other thing
that shocks me, it doesn't just shock me, but a
little bit of an aside on that one. I was
looking at the Mark Kelly put out a video, right,
and now all the sudden, to be a moral, upstanding progressive,
you need to trade in Now I'm still stuck on
the fact that climate change is the biggest threat to humanity, right,
because I mean that was just last season, right, you know,
So now all of a sudden, the height of progressive
responsibility and civic duty is to cash in your ev
for a Chevy Tahoe. Yes, right, Like I can't keep
up with the narrative drift. So now what you're telling
me is the guy that leads the world in ev
production is more dangerous than climate change because he's auditing
the government.
Speaker 1: When you Look, people have to understand something. When you
can have your hatred switched from this target to that
target in two weeks, it's not your hatred, no, no,
you have found yourself addicted to the dopamine rush of
the hate game. And dude, it's solid and it's real.
And there are people who gets they get normalized into
hate as a driver for life. Have you ever met
people like this? Yes, with their hatred and I hate
this and I and man it gets check with you?
Speaker 3: What like the view like the women on the right, Yeah,
that's joy, behar It's all you have to think about,
right right.
Speaker 1: So the the mental abuse that the Mockingbird media and
the Democrats that are repeat myself have have inflicted upon
people has made it possible for them to say, Okay,
now hate Elon and there's no pause. The the other
one I love is this that that we ran earlier
this week some acompliment in this. We ran some audio
and video of people calling I'm talking about Mockingbird media,
talking heads, big names. Elon Musk is said by some
people to be the new Jesus Christ, and like other
people going well in some ways, Elon is the new
Jesus Christ. He's both Darwin and I mean, and it's
all this praise. These are the same people. Yeah, we're
looking at a constitutional crisis as Elon Musk, who's aligned
with Nazism, is taking control of the country. I'm grim Milestone.
You remember that news name. I don't do enough, grim Milestone.
That was my Oh yeah, my radio show and Saturday
morning radio show. I'm grim Milestone.
Speaker 3: That's like Stone Phillips.
Speaker 1: Yeah, but think about half of the media said a
grim Milestone in the race against college.
Speaker 3: Yes, that's what I'm Oh, yeah, it's I was sitting
there watching this. I don't know if you saw it.
Was another interesting interview where I'm forgetting what the lady's
name is, but the CNN reporter interviewing the legal White
House legal counsel. Right, this was yesterday. Yeah. That it
was the most exhaustive thing I've ever listened to, because
I literally wanted to run. I wanted to I wanted
to take the videotape and immediately run into the woman's
office and go, Okay, do you want to know what
we all talk about when we talk about the ridiculous
bias in this media? Yeah, ma'am, I appreciate the example
you just gave, because this is exactly what we're referring to.
You came into this interview with an agenda and a
point you wanted to get across, and it was not
about uncovering information. It was about sticking it to this guy,
and in the process you made yourself look like an idiot.
Speaker 1: Was this with MARKA. Rubia where Marca Rubia said to
her you should watch the news.
Speaker 3: No, it was it was the what is the name
of the White House Legal Council? He's got really short hair,
kind of Stephen Miller. Oh, yes, it was Miller versus
the lady on CNN. I'm forgetting what her name was.
And she kept saying, so with the with the issue
about the district court. So she goes, so, what you're
saying is the administration of believes are above the law.
And I'm sitting there looking at it and going, no,
the law says the administration is above the law. In
this SCENEI area and.
Speaker 1: Steven Miller is saying, and here's here's Steven Millier's approach.
The duly elected president of the United States that want
it pluraridi. A majority of the electorates represents the entire
country and has the unchallenged controlled of the executve ranch.
By Article two, Section five of the United States Constitution,
the power of the executive ranch has vested at him
and and and and he's nope, nope, let me finish.
And District court judges represent a district. They are appointed.
They are not elected officials. Our constructive government is elected
officials always take precedent it over and but but what
you're saying is he's above the law. Right, I saw that?
And and the beclowning of themselves? What what?
Speaker 3: What?
Speaker 1: This era is going to be known as. It's the
do you hear yourself era? To the Martha Raticis and
women like that? Do you hear yourself to Tim Waltz?
Do you see yourself? And when the respect for the
judiciary is gone, and when we're a low trust society,
and when you have it normalized that presidents go, I
don't care what the court says. You made your decision,
Now enforce it. When that happens, it's going to be
megas fault. It's going to be here's and no, you
pushed the American people to such a point that we're going, okay,
So now our votes don't matter for chief executive, even
to run the executive ranch, the one that gets me for.
Speaker 3: The border federal legislation. I mean, if you, if you
as a if you as the judiciary, want to step
in or think you have an angle, what you have
to the only angle you've got legally there is to
sit there and say that the laws that he is
enforcing a non constitutional.
Speaker 1: And someone has to bring it to your court. Right
this district court judge in DC, when this came to
his court, he should have said, none of these people
are live in DC. I have no jurisdiction. There's none
of these people you're trying to bring back to the
country lives here. I can't even look at the case.
Speaker 3: And this is tad thought. And this is what kills me.
And this is where I look at these people and
I go it really and I am not at all
putting myself up on a platform or a part with Jesus,
but it reminds you of they know not what they do.
You're burning down your own house around you, buddy, because
whatever you think you're gaining in the vein of political
expediency right now, you're ripping apart the solid foundation that
our entire systems built on and you're killing all of us.
Speaker 1: So remind me to follow up on that point, and
actually remind me to fall up on that point that
Zach just made with what happens just after Jesus is
at the Troom of Lazarus. Remind me to fall up
on that. I just have to say this real quick.
There are I one of our viewers and listeners to
this program yesterday got horrible news and it relates to
their longevity in life. And I want and we don't
have this person's name, and that person may not want
you to know their name. I know this that this
was delivered via our friends at renew Dot Healthcare. And
it was the managing partner, Steve, who decided to deliver
the news. Why because he runs the place. He saw
incontrovertible proof. He talked to two of his highly trained,
Harvard certified doctors. This is real. That man took it
upon himself to sit with this family and say the
thing that all most people fear. I mean, your mortality
is you're going to die sooner than you thought. This
says the world about him. I simply want to ask
you to pray for this person. And I don't even
want to talk about what Renewed does other than this
when the boss decides to take on the hardest job,
and look, they're going to do everything they can to
extend her life. And they can. They can truly extend
her life. They've had great results with this. But we
you just pause in prayer for that woman and her family.
And I know that they've been longtime viewers listeners to
this program. I'm not going to say names because they
don't know names, because they'd have to give permission for
me to know names. But we please just say a
prayer that God's peace would rest upon them. And on
that top again, it's Renewed dot healthca every I want
to go read about them on that topic. Zach. What
you're just saying reminds me of this that when Jesus
went and raised Lazarus from the dead. So Lazarus come out,
and here he comes, and this man has been dead
for three days. The body was, you know, stinking, et cetera.
Then unwrap him, unwrap him, take him out of the wraps.
And Jesus' friends do this. There were people who watched
this and their response was not, oh my gosh, I'm
gonna drop to my knees. This is God himself, this
is this is the son of God, this is a messiah. Nope,
they went running to the Pharisees. It was on the
Sabbath and he raised that person from the dad and
I saw it with my own eyes. And here's what
I love with with the Pharisees is they look at this,
they go, Okay, we got to stop this guy. We
have got to stop this guy because he's out there
raising the people from the deads and so let's kill him.
That's because sometimes it's better and this is actually almost
a full un quote, it's better that one man died
for the people and they think it's their idea. Yeah, oh,
we're gonna get him. Number one. What idiots looks at
the guy who just raised someone from the dead says,
let's kill him.
Speaker 3: He'll raise himself, right.
Speaker 1: What person looks at this and thinks, now, having done this,
this will solve everything, because no one's going to be
upset that you killed a guy who raised people from
the dead. In the background, what was Satan's plan all along?
Satan's plan was to find human beings who would put
Jesus on the cross, and they thought that they were
fooling everybody, when in fact they were being driven. So
your point about politics, your point about where we're at
with our country is again I say to John Roberts,
you probably think you're the good guy in all this,
oh for sure. And to the people who are wanting
to destroy Elon Musk and burning down his company and
Tim Wulls look at his stock price dropping, you probably
think you're right. You're on the right side of things.
What is the actual crime of Elon Musk? Tell me
the actual crime he found. Let's just be the kind
as we can. Fishy business dealings that in any other case, Zach,
would be money laundering. If you work, let's say you hire.
Let's say that you were giving some donations to a
nonprofit through Bulwark. So let's say that you're giving a
bunch of money to nonprofits. A nonprofit you're funding it.
Let's say you're funding fifty percent of it out of
your profits, you and your wives. And this turns out
that maybe your wife works there, and your brother and
maybe your dad, mom, and maybe they're all pulling down
eight hundred nine thousand, eight nine hundred thousand per year,
and you didn't happen to disclose that, and the SEC
comes along it says, so, Zach, your family work at
that nonprofit. Isn't that your family's nonprofit? How long and
how much money and how much process this punishment would
you go through if the SEC actually discovered you were
doing something like that.
Speaker 3: Well, to give you a to give you an example,
I have a non paid board position on a company
that every single one of my clients was aware of,
my business partners were aware of. But when we were
moving platform firms, so going from tamer Trade to Schwab,
I forgot to list that non paid board position on
my filing with the SEC. And they have been looking
into me for that reason for almost a year and
a half.
Speaker 1: For a non paid board position.
Speaker 3: Yes, that my clients all knew about. It was purely
an administrative oversight. And the reason I forgot to put
it on there is because it was unpaid. Meaning the
easiest way that you always know, because you have to
report outside business activity, the easiest way to think about
it has always been anything you do that makes money, right,
So I just didn't think about it. They've got me
on videotape telling our clients that I'm on the board
telling our clients that I'm going to be on the board.
So disclosure memory, because disclosures are all about the client, right, right,
So the client's knew now that now I'm not in
hot water over. I mean, I'll probably end up having
to pay a fine for it. But I'll pay a
fine for forgetting to report even though I did disclose
it to clients and we have proof, video proof of that.
But because I didn't put it on a form, right,
I will probably end up paying a fine. And I'm
into it for about eighty two hundred thousand dollars in
legal fees.
Speaker 1: Insane, Okay.
Speaker 3: Had I done what you said, my license would be gone.
Speaker 1: Okay, and you're and maybe even it should have been.
I mean in that case, the fictional case, which you
haven't done or wouldn't do. But that's the game in DC.
This judge who wanted that plane turned around, apparently his
daughter works for an NGO that makes money settling you know,
illegal immigrants.
Speaker 3: Weird.
Speaker 1: It's so so odd. I want to get through a
couple of things with this Scott bestset, because you said
you liked this guy when he was coming on as
treasure secretary, and I'm starting to get not a man
crush yet, but I'm I'm getting the intellectual tickle running
up my leg with this guy, or up my gray matter.
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enter code Todd at checkout. That's Todd Zach. This Bessett
guy said a couple of things. I want to run
this video real quick and effectively. What he's saying here,
and I totally agree with this, is that the market
and economy become hooked, become addicted to excessive government spending,
and there's going to be a detox period. Let's watch this.
Speaker 5: Top ten percent of Americans or forty or fifty percent
of consumption, and that is an unstable equilibrium. The bottom
fifty percent of working Americans have gotten killed. We are
trying to address that. We're trying to get rates.
Speaker 1: Down, and could we be seeing.
Speaker 5: This economy that we inherited starting to roll a bit? Sure,
and there's going to be a natural adjustment as we
move away from public spending. The private spending, the market
and the economy have just become hooked and we've become
addicted to this government spending. And there's going to be
a detox period.
Speaker 1: Here's what I love about this, Zach. Pain delayed is
pain made worse. So if you're not going to deal
with the cure, like, well, gosh, I know I've got
this thing going on with my back, but I'll get
to it eventually. Okay, so my back clicks now and then,
but I'll get to it eventually. All Right, my back
seized up a little bit, but I'll get to it eventually.
When you eventually get to it, you walk into your
dock and goes. You are going to need two hip
replacements because it wasn't your back, it was your hips.
Congratulations for putting it off. We've been putting this off
for so long. You have a Secretary of the Treasury, Admit,
there's going to be detox. There's going to be pain,
it's going to be a hangover. To me, that's one
of the most refreshing things I've ever heard, because the
only person in finance I've ever heard that from is you.
Speaker 3: Yeah. I well, and you and I were having this
conversation not too long ago where I was saying, I
really hope that Trump administration gets out there and lets
people know that we're going to bring down inflation. But
it's not all it's not all roses. I thought this
was so smart to have best and go out there
and say that you need to be messaging that to
these people, because people need to understand that in the
short run, if we're getting rid of inflation, it is
not going to come without a cost, right. And the
way we got here is a bunch of moronic, idiotic
politicians and dishonest convincing us that there were all of
these no cost solutions. And if you want to know how,
you end up with deficits of seven percent of GDP
and debt at one hundred and thirty percent of GDP
by a constituency believing that there are a bunch of
no cost solutions. Right, So you're gonna have to go
through hell to get to heaven. And you're gonna have
to pay a price. I'm so glad that. Here's the
other thing I love about this guy is, in my opinion,
I certainly in my lifetime and boy, yeah, certainly in
my lifetime that I can think of sitting here, we
have not had a Head of Treasury that I think
was as knowledgeable and understanding the guy's are on a
hedge fund. He's quite an accomplished investor of his own
and and and again, of course I'm going to think
that's more important because it's what I do for a living.
But the reason why I think it's so important is
economic and financial reality is so a skew to theoretical
financial and economic finance and economics, right, meaning I don't
know if there is a degree that you use less
than finance and economics once you're actually in the job,
right I do radio, Yeah, I'll get well, there you
go find but it's so little is applicable based on
you know. What you find out is that all the
things you learn are really static, and nothing in the
economy or in financials is static. Right, So him being
a practitioner and understanding the way that these things actually
play out in the real world him not being an
academic understanding real world implications, understanding that there is no
way to bring down the deficit without having some level.
Maybe you don't go into recession, but it's certainly going
to bring down your growth rate, especially when the deficit
is seven percent of GDP. Right, if the deficit was
two percent of GDP and you were trying to have
it naturally, it's not going to be nearly as painful.
But the reason it's going to be painful is because
we're in a place that we never should have gotten
to in the first place. Right, So you know, it
does feel good. I don't think you can say enough
about the guy. He's as sharp as they come. The
other thing that I really like about Bestent is for
all the people that hate Trump and just say he
wants a bunch of yes men, he's the opposite of that. Right, So,
if you weren't serious, if all you wanted to do
was just spread Trumpanomics across the world and get a
bunch of yes men, best Investent is like the last
guy on earth you'd pick for that rule.
Speaker 1: Yeah, And secondly, he doesn't need the money, he doesn't
need the power. He's got money he's got power by
virtue of the money. He also said, and we won't
play the video, but we'll put it in the show notes.
He also said that the American dream is not let
them eat flat screen TVs from China. And this is connected.
There are two policies here. Number one, our quest for
everybody needs a flat screen TV. Everybody needs a McMansion.
Our quest for this has created all sorts of opportunities
for scammers and government scammers, et cetera. It's created this
this cheapness over value. But it's it's done so many
other things. It's it's normalized returning no value to the
American people other than what can we get in the
next thirty days that's super super cheap, super super affordable.
We're doing this with foods. Hey, let's just let's get
all the food production out of the country. They can
do it cheaper. And they're connecting this and I know
this is weird, but now we have a push to
make sure that Chinese Communist Party blessed companies don't get
to own our farm land and our water rights. You
had President Trump speaking about the tariffs on American food
saying farmers have fun. This is your chance to get
back into this I connect these two things. I truly
do that the golden age of America, to have manufacturing
back here, to have food production back here, that's part
and parcel of all this. And you can have Democrats
saying you can't bring farming back. That's Nazism, and that's
what we're being faced with in this world of It's
not madness, it's psychological abuse to people. What would it
mean if this country was producing eighty percent of its
own food, eighty percent of its own energy, and was
a net exporter of all those things. What would that
mean for our kids and our grandkids for an economic future.
Speaker 3: Well, the irony is that we are net exporters of
those things right now, and if the Left had their way,
we wouldn't be right. And we need to be bigger
net exporters.
Speaker 1: I should have said, bigger net exporters. But making eighty
percent of our own stuff and not not having it all,
we're not we're not sending candalopes overseas to be cut
up and brought back to us exactly right.
Speaker 3: Well, and there, yeah, and there's other Look, there's others
smart and this is what I think Trump is alluding
to when he talks about Trump smart trade deals. There
are going to be things that you need that for
whatever reason, based on your geographical location, your climate, whatever,
that are horrifically inefficient for you to build. And then
you find trade partners who may be efficient at building
that but are highly inefficient at something else. You can
have trade partners and you can outsource some of these
things as long as that trade partner is reliant on
what they get from you as you are them. Right,
you got to have some I hate to say it,
but you you both need to have a sort of
damicles hanging over your head. The problem with China is
that it's been all upside for them, no cost, right,
and they and the other thing that's enabled them to
do is to spend internally at a rate that they
would never otherwise would be able to because they have
a current account surplus, meaning as long as they have
more dollars coming into the city. Right, think about it,
there's no there's no limit to the amount of money
you can print, so long is the amount of dollars
flowing into your economy are there. So we have effectively
built China's military for.
Speaker 1: Them, and we're here's this is a doge thing, you
can call it, but this is this is the madness,
and they've mapped this many many times. We are a
net borrower from China. I mean, we take it. They're
not our biggest creditor, but they're up there. We're borrowing
all this money from China and then it goes to
a government body who gives it to a non government organization,
but not before they take their pensions out, their paychecks,
their vacations, their educationalist stipends they're parking. Then they get
that to this NGO who takes out their paychecks, their pensions,
their educationalist stipends, their healthcare, and they loan it back
to China, right or they give it to China. We
have multiple cases where NGOs are funding things in China
and three cents on the dollar came from China. We
have the government itself, Hey can we borrow some money?
Why we need to loan you some money? So you
want to borrow it from us? Yeah? At what interest rate?
Speaker 2: Three?
Speaker 1: And you're going to loan it back to us at
what one and a half? Yeah? Yeah, I really like
that idea. We could use that loan that's being protested,
and somewhere today in the country there is a conservative
quote influencer. Can't stand that phrase. Who's going to get swatted?
Speaker 3: Yeah?
Speaker 1: Yeah, because we have to continue that. It's madness. It's madness,
my friend. Thank you for coming on the program. Congratulations
on the new studio and the staff and back and
uh and the thirty three people behind the scenes writing
your material and end up on the teleprompter. And I
mean it's just it's and you do it so well,
so naturally.
Speaker 3: Well they watched the helicopters.
Speaker 1: All right, Well that's the biggie, all right, And I'll
have Alex when we get done here. I need him
to go out and wash my tractor.
Speaker 3: There you go.
Speaker 1: This is it is. This is the tod Urman Show.
Please go, be well, be strong, be kind, Please make
every effort to walk in the light of Christ.