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<v Speaker 1>In a world of deceit, telling the truth is a

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<v Speaker 1>revolutionary act. It's the David Knight Show.

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<v Speaker 2>As the clock strikes thirteen, it's Tuesday, the thirteenth of January.

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<v Speaker 2>You have our lord, twenty twenty six. Well, another day,

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<v Speaker 2>another war from Trump. This time is another domestic war,

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<v Speaker 2>and he's gone to war with FED Chairman Powell. And look,

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<v Speaker 2>I have no I'm not making any excuses for the

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<v Speaker 2>outrageous costs two and a half billion dollars for remodeling.

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<v Speaker 2>That's obviously over the top, but it's just a tip

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<v Speaker 2>of the iceberg with a federal reserve, isn't it. We're

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<v Speaker 2>going to audit the building remodeling of the FED, but

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<v Speaker 2>we're not going to audit the FED itself, and we're

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<v Speaker 2>not going to audit Fort Knox's gold either. Isn't that interesting? Yeah,

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<v Speaker 2>there should be a criminal investigation, but we all know

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<v Speaker 2>that what is really behind this is just another crime.

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<v Speaker 2>It's just more of Trump wanting to consolidate control into

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<v Speaker 2>the Oval office. And it's not going to just be

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<v Speaker 2>control for him. It'll be control for the next to Obama,

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<v Speaker 2>the next Biden, the next artillery. That control will be there. Well,

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<v Speaker 2>it's not going to take a look at the state

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<v Speaker 2>of Trump's foreign wars. He says he's only limited by

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<v Speaker 2>his own morality. If we don't have any limits, then

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<v Speaker 2>I guess with And today is our forty sixth sweating anniversary.

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<v Speaker 2>Happy anniversary. Care Yeah, time is passing quickly, silver threads

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<v Speaker 2>among the goal. Right, let's take a look at the

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<v Speaker 2>federal reservoir that is happening here. And we got all

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<v Speaker 2>over the business press. Everybody is wringing their hands about

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<v Speaker 2>FED independence, and I was like, yeah, I want independence

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<v Speaker 2>from you know, there's only one way that you can

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<v Speaker 2>get independence from the FED. Buy gold. And the nice

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<v Speaker 2>thing about that is you can do it incrementally. You know.

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<v Speaker 2>Trump is also talking about pulling some lovers to try

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<v Speaker 2>to make it remains to be seen if his strategy

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<v Speaker 2>would work. He's talking about different authoritarian, central, central planning

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<v Speaker 2>issues to try to make homes more affordable, about fixing

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<v Speaker 2>the biggest problem that is making life on affordable for us,

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<v Speaker 2>and that is the federal government. It's taxing and it's spending.

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<v Speaker 2>It's not going to do anything about that. Instead, he

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<v Speaker 2>will try to finesse it with interest rates or this

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<v Speaker 2>or that, The reality is though, that you can gradually

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<v Speaker 2>start to accumulate wealth, not with real estate, which you

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<v Speaker 2>have to buy in a really large chunk all at once,

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<v Speaker 2>but you can do it a little bit at a time.

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<v Speaker 2>Tony's got wise wolf gold and it goes with a

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<v Speaker 2>wolf pack. Lets you start to save in currency that's

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<v Speaker 2>going to retain its value. And we're going to talk

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<v Speaker 2>about that. Because gold had a big day yesterday, silver

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<v Speaker 2>had an even bigger day because of the chaos, because

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<v Speaker 2>the central planning, because the stupid economics behind these policies.

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<v Speaker 2>So again, as I said at the beginning, rather than

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<v Speaker 2>ending the FED, he wants to end the FED. Chairman,

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<v Speaker 2>that's going to make any difference. We're going to audit

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<v Speaker 2>the building expenses, which how in the world do you

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<v Speaker 2>justify spending two and a half billion on a couple

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<v Speaker 2>of buildings. That's what we're talking about, two buildings, you know,

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<v Speaker 2>over a billion dollars each. And we're not talking about

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<v Speaker 2>building the buildings, we're talking about remodeling them. I think

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<v Speaker 2>it is a shrewd move on Trump's part to focus

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<v Speaker 2>on that kind of waste and opulence. What are they

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<v Speaker 2>doing lining it with gold that they took out of

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<v Speaker 2>Fort Knox. I don't know. Trump's gotten a lot of criticism,

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<v Speaker 2>I think justifiably so for guilding the Oval Office for

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<v Speaker 2>this ballroom thing that is happening there, but that pales

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<v Speaker 2>in comparison to what the Federal Reserve is doing, and

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<v Speaker 2>he knows that, and so that's a good way to

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<v Speaker 2>inoculate himself against these charges of opulence. Of course, he's

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<v Speaker 2>got a lot of insider trading and a lot of

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<v Speaker 2>backroom deals and corruption that are going on as well.

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<v Speaker 2>So but anyway, I think it is a smart political move.

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<v Speaker 2>The stock market shrug. It affected it early on in

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<v Speaker 2>the day, but then it had new highs at the

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<v Speaker 2>end of the day. After this war, which were powell

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<v Speaker 2>It looked like it was going to resuscitate the what

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<v Speaker 2>they call the Cell America trade, which began last summer

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<v Speaker 2>in response to Trump's stupid economic policies of tariffs and

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<v Speaker 2>what was what I was going to do to the dollar?

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<v Speaker 2>But that only happened at the beginning of the day. Ultimately,

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<v Speaker 2>the Dow gained eighty six points, stocks rebounded, the dollar

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<v Speaker 2>remained under pressure, weakened against other major currencies. It's unusual

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<v Speaker 2>for stocks bonds and the dollar to fall in tandem.

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<v Speaker 2>So the initial overnight market moves caught Wall Street's attention,

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<v Speaker 2>while the stock market largely stabilized. By Monday afternoon, investors

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<v Speaker 2>will be keen to see whether stocks hold their ground. Meanwhile,

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<v Speaker 2>gold rallied sharply. Goal futures gained two and a half percent,

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<v Speaker 2>hitting a record high above forty six hundred dollars announce.

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<v Speaker 2>Silver searched seven point three percent, outpacing even gold and

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<v Speaker 2>going up to eighty six dollars announce. So the side

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<v Speaker 2>market investors are now shrugging off the Justice Department's investigation

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<v Speaker 2>into Powell. Investors might think efforts to undermine the Fed's

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<v Speaker 2>independence will fail, but the surge in gold and silver,

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<v Speaker 2>paired with pressure on the dollar and Treasury bills is

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<v Speaker 2>a should say bonds is a sign that Wall Street

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<v Speaker 2>is bracing for volatility in US markets. That's right. You know,

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<v Speaker 2>there's a common thread and everything that Trump is doing,

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<v Speaker 2>especially domestically, it's all about consolidation and centralization of power,

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<v Speaker 2>and not just into Washington, into the office of the Presidency.

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<v Speaker 2>And that's true whether we're talking about law enforcement or

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<v Speaker 2>whether we're talking about economic central planning. There's bad economic

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<v Speaker 2>outcomes from his policies as well, like his terrorists, like

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<v Speaker 2>his interest rates. With the lower interest rates, well, that's

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<v Speaker 2>going to reinflation. That's why everybody we've had the record

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<v Speaker 2>year in gold, and that's why this year I said,

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<v Speaker 2>this last year, I said, I think these statements coming

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<v Speaker 2>out of the various banks like Bank of America, JP

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<v Speaker 2>Morgan all the wrestling forty six hundred dollars sometime by

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<v Speaker 2>the second quarter or whatever, I think that's very, very

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<v Speaker 2>conservative because the policies nothing has fundamentally changed. That's what

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<v Speaker 2>we're talking about this Christmas. For the last Christmas when

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<v Speaker 2>we had the Yukon Cornelias thing, it's like everybody was

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<v Speaker 2>so excited Trump is going to make cryptocurrency go sky high.

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<v Speaker 2>Well he did for himself. He put out some junk

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<v Speaker 2>meme coins, Trump Coin, Milania Coin, all the rest of

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<v Speaker 2>the stuff. He may out like a bandit, because he

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<v Speaker 2>is a bandit, and a lot of people lost a

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<v Speaker 2>lot of money on that pump and dump. But I said,

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<v Speaker 2>the fundamentals that have been driving gold and silver up

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<v Speaker 2>are only going to be worse than twenty twenty five.

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<v Speaker 2>And I say they're only going to be worse in

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<v Speaker 2>twenty twenty six. A lot of this that made me

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<v Speaker 2>certain who's going to be this way in twenty twenty

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<v Speaker 2>six is Powell, who is going to be leaving in May.

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<v Speaker 2>And Powell has resisted Trump's urge to lower interest rates,

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<v Speaker 2>and that's going to be inflationary, and so Trump desperately

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<v Speaker 2>wants him out. And notice the kind of tactics that

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<v Speaker 2>he uses. He wants to get rid of Lisa Cook,

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<v Speaker 2>one of the Board of Governors, because she's opposing the

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<v Speaker 2>economic policies that Trump has and so you know, we

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<v Speaker 2>don't even have to debate whether the policies are right

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<v Speaker 2>or wrong. But it's looking at the tactics that he uses.

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<v Speaker 2>So he goes back and he audits Lisa Cook and says, well,

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<v Speaker 2>I've got some issues here with a mortgage you took

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<v Speaker 2>out years ago. He's got his guy there at where's

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<v Speaker 2>the FHA I think Pulty is, And he used AI

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<v Speaker 2>to go back and audit. Think about that. Think about that.

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<v Speaker 2>It gives all new meaning to Stalin's bring me the man,

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<v Speaker 2>I'll find the crime. When you got AI to go

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<v Speaker 2>back through mountains of data and sort through it and

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<v Speaker 2>sift through it. They can find that needle in the

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<v Speaker 2>haystack for anybody. I mean, this is this makes Harvey's

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<v Speaker 2>Silverglate's book Three Phonies a Day pale in comparison. You know,

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<v Speaker 2>he talked about how complicated and complex the laws are,

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<v Speaker 2>and how people are violating obscure laws that they don't

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<v Speaker 2>even know exist. I remember the case of a couple

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<v Speaker 2>who in their anniversary, the husband took her to the

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<v Speaker 2>beach and he released some balloons, some helium balloons that

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<v Speaker 2>were part of the celebration of whatever. He got charge

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<v Speaker 2>of the phony. I didn't know that was a felony,

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<v Speaker 2>that type of thing. Well, guess what, AI is going

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<v Speaker 2>to go back and find all those little things in

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<v Speaker 2>people's lives. If you are an interesting person, as Michael

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<v Speaker 2>Hayden said, you know Michael Hayden, the guy who was

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<v Speaker 2>head of the CIA, head of the NSA. He said,

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<v Speaker 2>we're not interested in people in general. Were interested in

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<v Speaker 2>interesting people, and we will go back and look at

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<v Speaker 2>them very carefully using AI. So that's what we're looking at.

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<v Speaker 2>But the other things that you see the are characteristics

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<v Speaker 2>of Trump, whether you're talking about foreign policy, the military.

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<v Speaker 2>Let's take it up to a trillion dollars this record,

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<v Speaker 2>and then immediately after a record budget of over a

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<v Speaker 2>trillion dollars in the military, he immediately wants to jump

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<v Speaker 2>it up to one and a half trillion, drawing by

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<v Speaker 2>leaps and bounds. So it's a rapid expansion of debt,

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<v Speaker 2>which we saw in twenty twenty. He had no problem

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<v Speaker 2>doing with the COVID bills and things like. That's where

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<v Speaker 2>he first ran into conflict with Thomas Massey, when Thomas

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<v Speaker 2>Massey said, we can't just throw three and a half

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<v Speaker 2>trillion dollars out here, and if we're going to do that,

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<v Speaker 2>I want everybody to come back to Washington. Well that

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<v Speaker 2>made him very hated, not just by Trump but by

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<v Speaker 2>the Washington establishment. So this rapid expansion of debt, and

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<v Speaker 2>we could see that the cumulative debt of the government

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<v Speaker 2>was going up at a pearly pretty rapid rate as

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<v Speaker 2>it was rising. And then when Trump did all this

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<v Speaker 2>stuff in twenty twenty, the slope of the curve went

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<v Speaker 2>straight up and starts going up very very rapidly, and

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<v Speaker 2>interestingly enough, Biden maintained that same slope of spending. So

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<v Speaker 2>Trump set the precedent and Biden continued it, and this

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<v Speaker 2>is what's so dangerous about everything that Trump is doing

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<v Speaker 2>in terms of usurping power into the office of the presidency.

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<v Speaker 2>The Democrats will keep that and build on that, just

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<v Speaker 2>like Biden didn't just build on the new rapid accumulation

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<v Speaker 2>of debt. Biden built on the idea that Trump put

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<v Speaker 2>out there that he could do gun control by executive

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<v Speaker 2>order and violation of the Second Amendment. Used to be

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<v Speaker 2>that you had to have Congress to violate the Second

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<v Speaker 2>Amendment or the Supreme Court or whatever. Now I'm going

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<v Speaker 2>to do it just by executive fiat. Well, Biden kept

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<v Speaker 2>that precedent and expanded it. Well, rapid increases and the

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<v Speaker 2>price of gold and dollars is another hallmark of a

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<v Speaker 2>Trump administration. Remember Jerald Slint, he said, you know, Trump

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<v Speaker 2>was really good for gold in his first harmony was

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<v Speaker 2>he's going to be even better for gold in a

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<v Speaker 2>second term, and he's looking even better. So the issue

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<v Speaker 2>is why is you know, why is lowering of the

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<v Speaker 2>Fed rates really not lowered home mortgages. And that's a

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<v Speaker 2>whole nother thing that we'll talk about what Trump is

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<v Speaker 2>doing here. It's because the long term mortgage rates, like

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<v Speaker 2>a home mortgage is thirty years, not fifty years. That's

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<v Speaker 2>another idiotic quote unquote solution from Trump. But when you're

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<v Speaker 2>looking at a long term rate like thirty years that's

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<v Speaker 2>set by the market, you can go out and do

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<v Speaker 2>buy fiat. You can say, well, here's going to be

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<v Speaker 2>the interest rate we're going to charge banks or whatever

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<v Speaker 2>you can change by decree. I think we had to

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<v Speaker 2>stop calling it the fiat dollar. I think we should

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<v Speaker 2>call it the decree dollar because I like alliteration, which

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<v Speaker 2>the decree dollar is the death of the dollar. That's

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<v Speaker 2>really what we're looking at here. But when you look

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<v Speaker 2>at the actual mortgage rates, those are going to be

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<v Speaker 2>set by a competitive market. You know, when you refinance home,

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<v Speaker 2>you shop around, right because not everybody has the same rate.

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<v Speaker 2>But the FED just by decree will set the rate

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<v Speaker 2>that they're going to pay the banks. But that doesn't

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<v Speaker 2>necessarily percolate through to everything else. So, as they point

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<v Speaker 2>out in this article here, they said, lower rates can

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<v Speaker 2>lead to lower credit card rates and borrowing costs for consumers,

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<v Speaker 2>but a central bank that lowers rates too quickly without

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<v Speaker 2>regard to inflation can spook investors who begin to worry

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<v Speaker 2>that inflation could run rampant, thus demand a high return

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<v Speaker 2>for the risk of investing in American assets. And that's

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<v Speaker 2>why when the FED has lowered interest rates, the FED rate,

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<v Speaker 2>that's why we've seen the mortgage rates either stay the

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<v Speaker 2>same or go up in the opposite direction. So the

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<v Speaker 2>decree dollar is looking really bad at this point. Sunday

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<v Speaker 2>in early Monday's trades were more muted echo of the

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<v Speaker 2>sell America trade from the spring of twenty twenty five,

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<v Speaker 2>when fear of Trump tariffs sent investors pouring out of

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<v Speaker 2>American assets that sent bonds and dollars tumbling and stocks

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<v Speaker 2>an inch away from a bear market in April before

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<v Speaker 2>recovering sharply to the end of twenty twenty five after

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<v Speaker 2>Trump backed off of some of the tariff threats. We

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<v Speaker 2>think the cell America trade may gather pace and will

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<v Speaker 2>even have legs. With FED independence risk a key theme

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<v Speaker 2>throughout twenty six. To the chairman of Evercore, the surge

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<v Speaker 2>in precious metals like gold and silver and mid renewed

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<v Speaker 2>threats of the fed's independence is also reflective of what

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<v Speaker 2>Wall Street has dubbed the debasement trade. Investors pile into

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<v Speaker 2>hard assets like gold and silver, which are not beholden

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<v Speaker 2>to the reputation of a government or an institution because

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<v Speaker 2>of worries that the currency and bonds tied to this nation,

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<v Speaker 2>this particular case, the US, but this is an issue

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<v Speaker 2>in every single country. That's the thing that's really worrying

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<v Speaker 2>about the time that we live in. When you look

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<v Speaker 2>at every single one of the Western nations, they're all

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<v Speaker 2>involved heavily in d industrialization because of this green grift

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<v Speaker 2>that's going on. But they're also heavily heavily involved in debt.

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<v Speaker 2>And this is the background, the backdrop for why they

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<v Speaker 2>desperately want war. When you look at what they're doing

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<v Speaker 2>where they're talking about Germany, France, UK or America or Russia,

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<v Speaker 2>any of them, they all want war. Why well, because

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<v Speaker 2>they see what is happening domestically. That's why the Trump's

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<v Speaker 2>saber rattling in the wake of domestic unrest in Iran

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<v Speaker 2>is so stupid, because all that does is strengthen the

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<v Speaker 2>hand of the domestic leaders against a foreign enemy. This

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<v Speaker 2>has always been the mechanism of dictators and charlatan's who

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<v Speaker 2>are hurting their own people, they create another enemy, either

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<v Speaker 2>somebody within the country or somebody outside the country. Usually

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<v Speaker 2>both of those. Well, Trump is doing that, and you've

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<v Speaker 2>got the other European countries, the other part of NATO,

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<v Speaker 2>they're all doing that as well. So this is where

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<v Speaker 2>we are at this point in time. So Trump favors

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<v Speaker 2>government control of interest rates, writes The New American Trump

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<v Speaker 2>took to his Ministry of Truth Social last week to

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<v Speaker 2>support a one year ten percent cap on credit card

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<v Speaker 2>interest rates. I should be playing at this point in time,

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<v Speaker 2>the Admiral Akbar clip. It's a trap. This is this

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<v Speaker 2>is the same kind of come on that you get,

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<v Speaker 2>you know, uh, you know, change your debt over to

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<v Speaker 2>this credit card company. We'll give you low interest rates

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<v Speaker 2>for a year or whatever. Then it's going to skyrocket.

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<v Speaker 2>So this is really a debt trap more than anything else.

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<v Speaker 2>It's not fixing the bad or the lack of usury

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<v Speaker 2>laws in the United States at all. Trump did not

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<v Speaker 2>explicitly say whether he was simply asking Congress to use

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<v Speaker 2>the power of the federal government implement this price control

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<v Speaker 2>or whether he intended to simply make a law to

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<v Speaker 2>that effect by issuing a presidential executive order. I think

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<v Speaker 2>that he's going to do an executive order because he

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<v Speaker 2>gave a time certain he said, by such in section

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<v Speaker 2>we're going to do and he gave the date. We're

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<v Speaker 2>going to do a one year moratorium on credit card rates,

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<v Speaker 2>and you know, we're going to cap them, not more toyum,

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<v Speaker 2>but we're going to cap them at ten percent. And

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<v Speaker 2>that happens to be the one year anniversary of his inauguration.

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<v Speaker 2>So I think it's going to be an executive ordery.

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<v Speaker 2>He claims that everything is an emergency, so he's going

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<v Speaker 2>to say this is an emergency as well. He said,

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<v Speaker 2>we will no longer let the American public be ripped

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<v Speaker 2>off by credit card interest rates. Well, I looked into

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<v Speaker 2>the history of usury and these rates, because you know,

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<v Speaker 2>if you've listened to this program for very long, you

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<v Speaker 2>know that is a pet peeve of mine. The massive

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<v Speaker 2>spread between what the banks get their money for when

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<v Speaker 2>they borrow it from the FED and what they charged

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<v Speaker 2>people when they lend it out and what they pay

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<v Speaker 2>on savings and the criminal interest rates that they charge

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<v Speaker 2>on credit cards. I've talked about that for a long time,

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<v Speaker 2>and so you would think I'd be one hundred percent

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<v Speaker 2>behind this, but the reality is that this is just

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<v Speaker 2>shared magoguery, and it is a debt trap for people

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<v Speaker 2>as well. So I was really surprised to learn that

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<v Speaker 2>there was never a federal usery law. I thought there was.

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<v Speaker 2>You know, we had the rapid inflation of the nineteen seventies,

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<v Speaker 2>the late nineteen seventies. I was still in college and

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<v Speaker 2>my head was in the engineering books. I wasn't paying

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<v Speaker 2>too much attention to news, politics and economics at the time,

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<v Speaker 2>but my dad did, and I remember that happening, and

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<v Speaker 2>I just kind of vaguely, Oh, yeah, they changed this

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<v Speaker 2>and that, and so now they're going to remove this

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<v Speaker 2>restriction of a ten percent interest rate. How did that happen? Well,

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<v Speaker 2>there was no federal law, no federal usury law. However,

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<v Speaker 2>we had a tradition in Western civilization, especially in England,

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<v Speaker 2>going back to the fifteen hundreds, there were laws that

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<v Speaker 2>would limit interest rates to between six to ten percent,

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<v Speaker 2>and if you charge more than that, it was considered

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<v Speaker 2>to be a crime. And what happened in America was

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<v Speaker 2>of course, government in America was primarily state government. You know,

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<v Speaker 2>the states created the central government, and the states handled

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<v Speaker 2>pretty much everything except for the common defense. That was

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<v Speaker 2>really the main reason that they created a federal government

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<v Speaker 2>was for defense purposes, and so the laws about what

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<v Speaker 2>were legal interest rates for pretty much state laws. And

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<v Speaker 2>what happened in nineteen seventy eight, you had a Supreme

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<v Speaker 2>Court case that said and there was a lot of

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<v Speaker 2>economic pressure for this because we had very, very high

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<v Speaker 2>interest rates. As a matter of fact, I said, we

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<v Speaker 2>got married. Today's our forty sixth anniversary. We got married

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<v Speaker 2>in nineteen eighty. When we bought a house in nineteen

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<v Speaker 2>eighty because both of us had had jobs, we bought

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<v Speaker 2>a house, we had a thirteen percent fixed interest rate.

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<v Speaker 2>Like I said, I wasn't paying too much attention to

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<v Speaker 2>economics at the time. We're trends, and so we got

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<v Speaker 2>slammed with that, and that was not a good decision.

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<v Speaker 2>Would not do that. I wish I could go back

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<v Speaker 2>and talk to my younger self. It's one of the manything,

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<v Speaker 2>one of the many things I would change, But a

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<v Speaker 2>thirteen percent fixed rate on a home mortgage, and it

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<v Speaker 2>got higher than that before they started coming down and

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<v Speaker 2>got up to sixteen percent. I think I saw some

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<v Speaker 2>people had, but we had the one that was thirteen percent,

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<v Speaker 2>and so there was a lot of pressure to get

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<v Speaker 2>rid of this ten percent cap, and by nineteen eighty

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<v Speaker 2>they had gotten rid of it. But how it happened was,

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<v Speaker 2>first the Supreme Court came in and said, well, since

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<v Speaker 2>this is done by states, we're going to say that

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<v Speaker 2>the governing rule here is going to be what is

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<v Speaker 2>the legal interest rate to charge in the state we

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<v Speaker 2>were headquartered. So one of the reasons why Delaware, the

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<v Speaker 2>criminal state of Delaware, is so popular with corporations, Joe

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<v Speaker 2>Biden's state. People could go there and they didn't have

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<v Speaker 2>a cap or it was very very high. I don't

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<v Speaker 2>know what it was, but Delaware was that was a

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<v Speaker 2>big draw for Delaware. If you were headquartered in Delaware,

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<v Speaker 2>incorporated in Delaware, not headquartered, but incorporated in Delaware, then

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<v Speaker 2>according to the nineteen seventy eight Supreme Court decision, you

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<v Speaker 2>could charge whatever you wanted to in every other state.

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<v Speaker 2>Then what happened in nineteen eighty was the Congress came

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<v Speaker 2>in with a law in nineteen eighty they had the

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<v Speaker 2>Deregulation and Monetary Control Act. And what that did was

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<v Speaker 2>by an act of Congress, not by changing the Constitution,

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<v Speaker 2>but an unconstitutional act by Congress. Why, as I say,

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<v Speaker 2>is it unconstitutional, Well, because the Tenth Amendment makes it

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<v Speaker 2>very clear that any powers not specifically delegated to the

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<v Speaker 2>states are retained by the states and by the people.

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<v Speaker 2>And so just like the definition of marriage, for example,

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<v Speaker 2>or the definition of when life begins, this was a

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<v Speaker 2>usurpation by the courts to say we will decide what

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<v Speaker 2>that is. Well, you don't have the authority to decide that.

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<v Speaker 2>And then the Congress jumped in with the nineteen eighty Act. Again,

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<v Speaker 2>no branch of the federal government, not the Supreme Court,

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<v Speaker 2>not the Congress, and not the Presidency has the right

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<v Speaker 2>to set interest rates. That is not in the Constitution.

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<v Speaker 2>And so with a demonetation the deregulation brother and it

374
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<v Speaker 2>is a demonetation right deregulation a monetary Control Act of

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<v Speaker 2>nineteen eighty they overrode pretty much all of the state

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<v Speaker 2>usery laws, and they extended these exemptions to secondary things,

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<v Speaker 2>not just to things coming from the banks, but also

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<v Speaker 2>to other corporations and credit lenders and things like that.

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<v Speaker 2>So yet again we see the example that central government,

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<v Speaker 2>rather than being protective, centralized government always becomes a tool

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<v Speaker 2>of special interest in corruption. These people do whatever their

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<v Speaker 2>corporate donors and patrons want them to do. And so

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<v Speaker 2>in this particular case, rather than there was never a

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<v Speaker 2>situation where the federal government was protecting people from usury.

385
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<v Speaker 2>What the federal government's role in the interest rates was

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<v Speaker 2>was to expose us to usury and to institutionalize it

387
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<v Speaker 2>with both the Federal Reserve and the banks that they

388
00:23:32.359 --> 00:23:38.839
<v Speaker 2>were canning in love with. And so again, the presidency

389
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<v Speaker 2>Trump doesn't have the authority with interest rates, Congress doesn't,

390
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<v Speaker 2>the Supreme Court doesn't on these credit cards, and they

391
00:23:45.799 --> 00:23:49.079
<v Speaker 2>shouldn't have it. But when we look at this, and

392
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<v Speaker 2>as I said, we look at these issues, I really

393
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<v Speaker 2>hate the high interest rates and the exploitation that is

394
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<v Speaker 2>involved in it, and it is, I think a form

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<v Speaker 2>of debtors prison. You know, we're all familiar with Charles

396
00:24:05.920 --> 00:24:09.119
<v Speaker 2>Dickens and how many times he talked about debtor's prison.

397
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<v Speaker 2>As a matter of fact, it was the central theme

398
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<v Speaker 2>of one of his stories, a Little Dorit. And the

399
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<v Speaker 2>character that was in that, the father that was in

400
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<v Speaker 2>that was put in the same debtors prison that Charles

401
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<v Speaker 2>Dickens father had been put in. And it's amazing to

402
00:24:24.839 --> 00:24:28.680
<v Speaker 2>me how similar to the credit card trap is to

403
00:24:28.759 --> 00:24:32.519
<v Speaker 2>these debtors' prisons that we saw with that, and that

404
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<v Speaker 2>was a key issue with him because of his father

405
00:24:36.359 --> 00:24:38.839
<v Speaker 2>being in prison. His father was spent many years in

406
00:24:38.880 --> 00:24:43.200
<v Speaker 2>debtor's prison over a forty pound bill that was unpaid

407
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<v Speaker 2>to a baker, not banker, but a baker of you know,

408
00:24:48.240 --> 00:24:55.440
<v Speaker 2>cookies or whatever. Debtor's prison over those keypler elf cookies.

409
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<v Speaker 2>But boy they were good. Can't pay for him. But anyway,

410
00:24:59.759 --> 00:25:02.000
<v Speaker 2>that's that's where we are right now. So the credit

411
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<v Speaker 2>card companies oppose the plan. Surprise, surprise. Yeah. Again, we've

412
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<v Speaker 2>had centuries of wise moral policy that has been overturned

413
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<v Speaker 2>by central government, the federal government. It was always considered

414
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<v Speaker 2>to be loan sharking because companies are charging interest rates

415
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<v Speaker 2>of twenty to thirty percent on these credit cards, and

416
00:25:26.920 --> 00:25:30.319
<v Speaker 2>that here's the argument from the credit card companies. Amazingly,

417
00:25:30.680 --> 00:25:34.279
<v Speaker 2>major credit card companies oppose the move, arguing that any

418
00:25:34.359 --> 00:25:39.119
<v Speaker 2>such interest rate ceiling would hurt lower income Americans the most.

419
00:25:40.319 --> 00:25:42.839
<v Speaker 2>They were so concerned about lower income Americans that they

420
00:25:42.960 --> 00:25:45.720
<v Speaker 2>charged them twenty to thirty percent, so they can never

421
00:25:45.720 --> 00:25:47.799
<v Speaker 2>get out of debt. I mean, they're like the mafia.

422
00:25:48.359 --> 00:25:53.200
<v Speaker 2>You know, this is yeah, You shouldn't charge this guy

423
00:25:53.240 --> 00:25:55.880
<v Speaker 2>fifty percent interest and break his legs and he doesn't pay.

424
00:25:56.519 --> 00:25:58.839
<v Speaker 2>That's going to hurt this guy. It's like, I think

425
00:25:58.880 --> 00:26:01.720
<v Speaker 2>you're the one hurting him. The credit card companies and

426
00:26:01.759 --> 00:26:04.240
<v Speaker 2>the big banks argue that lowering interest rates on their

427
00:26:04.240 --> 00:26:07.720
<v Speaker 2>credit cards would lead to fewer cards being issued to

428
00:26:07.880 --> 00:26:13.400
<v Speaker 2>high risk borrowers. That's the idea, that would be a

429
00:26:13.480 --> 00:26:16.720
<v Speaker 2>good thing. If you can't pay it back, you don't

430
00:26:16.759 --> 00:26:19.960
<v Speaker 2>need a line of credit. Of course, the federal government

431
00:26:19.960 --> 00:26:23.319
<v Speaker 2>wouldn't understand that, not with a thirty eight trillion dollar

432
00:26:23.559 --> 00:26:27.480
<v Speaker 2>credit card that they can't pay off. So again, like

433
00:26:27.519 --> 00:26:30.880
<v Speaker 2>I said, this is the twenty first century equivalent of

434
00:26:31.279 --> 00:26:34.200
<v Speaker 2>debtors prison, never going to get out of it. And

435
00:26:34.559 --> 00:26:40.279
<v Speaker 2>yet the New American sees this as a form of

436
00:26:40.359 --> 00:26:43.720
<v Speaker 2>price control. I understand that argument, and I'm not for

437
00:26:43.839 --> 00:26:48.079
<v Speaker 2>wage and price controls, which is what Richard Nixon tried

438
00:26:48.119 --> 00:26:52.400
<v Speaker 2>to do in order to keep inflation under control. But

439
00:26:52.519 --> 00:26:56.400
<v Speaker 2>some have described debtor's prison as less about punishment for

440
00:26:56.440 --> 00:27:01.880
<v Speaker 2>a crime and more about a cruel, profit driven system

441
00:27:02.519 --> 00:27:07.559
<v Speaker 2>that pummeled poverty itself punished it right, And so it

442
00:27:07.680 --> 00:27:11.319
<v Speaker 2>is a cruel, profit driven system that we're talking about here.

443
00:27:11.559 --> 00:27:14.880
<v Speaker 2>This is not a marketplace. Let's understand that we don't

444
00:27:14.920 --> 00:27:19.359
<v Speaker 2>have a marketplace in these things anymore. You know, it

445
00:27:19.440 --> 00:27:22.720
<v Speaker 2>isn't like when you go we just take a look

446
00:27:23.160 --> 00:27:27.200
<v Speaker 2>at home mortgages for example, especially in the context of

447
00:27:27.240 --> 00:27:31.519
<v Speaker 2>a situation like you know, it's a wonderful life where

448
00:27:31.519 --> 00:27:34.319
<v Speaker 2>you've got competition. You know, you've got the savings alone,

449
00:27:34.359 --> 00:27:36.559
<v Speaker 2>and you've got mister Potter, right, so there's competition on

450
00:27:36.599 --> 00:27:39.359
<v Speaker 2>the rates. He doesn't like that. He wants to have

451
00:27:39.440 --> 00:27:43.079
<v Speaker 2>a monopoly on homes and he can charge people whatever

452
00:27:43.119 --> 00:27:45.440
<v Speaker 2>he wants at that point in time. And that really

453
00:27:45.480 --> 00:27:47.839
<v Speaker 2>is where we are right now. We don't have a

454
00:27:48.000 --> 00:27:53.559
<v Speaker 2>system of competition. We have a system of collusion between

455
00:27:53.599 --> 00:27:58.160
<v Speaker 2>big government and these corporations. Just take a look at

456
00:27:58.200 --> 00:28:01.000
<v Speaker 2>these interest rates that we have there for example. You know,

457
00:28:01.200 --> 00:28:05.160
<v Speaker 2>we have a massive spread in a sense, it's kind

458
00:28:05.200 --> 00:28:07.559
<v Speaker 2>of a debtorous prison. You know, if you fall back

459
00:28:07.599 --> 00:28:10.079
<v Speaker 2>on some of your payments your credit card, your credit

460
00:28:10.160 --> 00:28:13.319
<v Speaker 2>rating will drop and then they'll add like another five

461
00:28:13.440 --> 00:28:17.839
<v Speaker 2>to ten percent on the already confiscatory interest rates that

462
00:28:17.880 --> 00:28:20.680
<v Speaker 2>are there. So you people are struggling to pay. And

463
00:28:20.720 --> 00:28:22.160
<v Speaker 2>I staid, what they do is they jack up the

464
00:28:22.200 --> 00:28:25.160
<v Speaker 2>interest rates on this and so I see this as

465
00:28:25.240 --> 00:28:31.400
<v Speaker 2>a systematic I see it as structurally immoral, structurally exploitative.

466
00:28:32.079 --> 00:28:34.759
<v Speaker 2>In the same way the banks are no longer paying

467
00:28:34.880 --> 00:28:38.839
<v Speaker 2>interest on savings accounts, and how they have maintained this

468
00:28:39.039 --> 00:28:42.039
<v Speaker 2>massive spread between the mortgage rates that they charge you

469
00:28:42.039 --> 00:28:44.200
<v Speaker 2>if you buy a house and what they pay you

470
00:28:44.440 --> 00:28:46.599
<v Speaker 2>on your savings account. If you go back to the

471
00:28:46.680 --> 00:28:50.160
<v Speaker 2>nineteen fifties, and I remember going back and doing this

472
00:28:50.240 --> 00:28:52.359
<v Speaker 2>research from people saying, oh, look at this, interest rates

473
00:28:52.440 --> 00:28:54.640
<v Speaker 2>dropped down to five percent at one point time. That's

474
00:28:54.640 --> 00:28:58.200
<v Speaker 2>the lowest that we've seen since like the nineteen fifties

475
00:28:58.279 --> 00:29:00.920
<v Speaker 2>or whatever. At that point time, I thought, well, what

476
00:29:01.000 --> 00:29:04.119
<v Speaker 2>do they pay people on savings accounts? Rather than a tiny,

477
00:29:04.279 --> 00:29:07.880
<v Speaker 2>tiny fraction of one percent. They were paying people four

478
00:29:07.920 --> 00:29:11.640
<v Speaker 2>percent on the savings accounts, while they were charging people

479
00:29:11.720 --> 00:29:15.240
<v Speaker 2>five percent on home mortgages. So it was like a

480
00:29:15.279 --> 00:29:18.480
<v Speaker 2>one percent spread. That's not what we're seeing right now.

481
00:29:18.720 --> 00:29:21.599
<v Speaker 2>These banks, especially when you go back and look at

482
00:29:21.640 --> 00:29:23.920
<v Speaker 2>what happened in two thousand and eight and so forth,

483
00:29:24.160 --> 00:29:27.319
<v Speaker 2>they're getting their loans in the wake of two thousand

484
00:29:27.319 --> 00:29:31.519
<v Speaker 2>and eight, they were getting their loans at zero percent interest. Yeah,

485
00:29:31.519 --> 00:29:34.960
<v Speaker 2>what were they charging people? Right? The home loans were

486
00:29:34.960 --> 00:29:39.400
<v Speaker 2>going like four to six percent for the next eight years,

487
00:29:39.839 --> 00:29:42.680
<v Speaker 2>seven years from two thousand and eight to twenty fifteen.

488
00:29:43.400 --> 00:29:45.960
<v Speaker 2>And when you look at the credit card rates that

489
00:29:46.039 --> 00:29:48.720
<v Speaker 2>were there, the credit card rates, even though the banks

490
00:29:48.720 --> 00:29:52.559
<v Speaker 2>were getting their money from the Federal Reserve at zero percent,

491
00:29:52.640 --> 00:29:55.319
<v Speaker 2>and that was the other thing they were telling everybody, Yeah,

492
00:29:55.359 --> 00:29:58.279
<v Speaker 2>we got bailed out, but we paid that all back.

493
00:29:59.079 --> 00:30:01.640
<v Speaker 2>You paid it all back with money that you got

494
00:30:01.759 --> 00:30:06.960
<v Speaker 2>at zero percent interest on the federal reserve. I don't

495
00:30:07.000 --> 00:30:11.039
<v Speaker 2>see that as paying it back. You were given the

496
00:30:11.079 --> 00:30:14.359
<v Speaker 2>money for free on the federal reserve and you paid

497
00:30:14.400 --> 00:30:17.240
<v Speaker 2>off your quote unquote paid off your debt. Anyway, they

498
00:30:17.240 --> 00:30:19.559
<v Speaker 2>were getting the money for a zero percent and the

499
00:30:19.559 --> 00:30:24.240
<v Speaker 2>credit card rates were thirteen fifteen percent. Aware they've skyrocketed

500
00:30:24.319 --> 00:30:27.480
<v Speaker 2>up from that as well, So all of this is

501
00:30:27.559 --> 00:30:32.160
<v Speaker 2>a criminal So again, it used to be they had

502
00:30:32.160 --> 00:30:34.640
<v Speaker 2>a spread of one percent, not four to six percent

503
00:30:35.359 --> 00:30:39.160
<v Speaker 2>on the home loans. And then when you look at

504
00:30:39.200 --> 00:30:41.680
<v Speaker 2>the interest rates spread that they had on credit cards.

505
00:30:41.839 --> 00:30:44.200
<v Speaker 2>They'd get the money for a zero percent loan, it

506
00:30:44.200 --> 00:30:47.599
<v Speaker 2>out on the credit cards for thirteen to fourteen percent. Well,

507
00:30:47.599 --> 00:30:51.680
<v Speaker 2>they're getting it at zero percent. It's absolutely criminal. And

508
00:30:51.720 --> 00:30:54.480
<v Speaker 2>so I don't see it as a situation of wage

509
00:30:54.480 --> 00:30:57.279
<v Speaker 2>and price controls. You know, they look at and say, well,

510
00:30:57.400 --> 00:30:59.640
<v Speaker 2>this is distorting the market. I'm sorry, there isn't a

511
00:30:59.680 --> 00:31:02.599
<v Speaker 2>market when you're talking about banks and we're talking about

512
00:31:02.640 --> 00:31:05.559
<v Speaker 2>federal regulation. That there's the whole idea of it being

513
00:31:05.640 --> 00:31:09.559
<v Speaker 2>a marketplace sailed a long time ago. That ship is

514
00:31:09.599 --> 00:31:12.920
<v Speaker 2>not at port anymore. Said, Lenders with high interest rates

515
00:31:12.920 --> 00:31:15.480
<v Speaker 2>are typically accused of predatory lending. And I just laid

516
00:31:15.519 --> 00:31:18.240
<v Speaker 2>it out. Why they get the money at zero percent,

517
00:31:18.279 --> 00:31:20.599
<v Speaker 2>and if they wanted to for a real estate loan

518
00:31:20.680 --> 00:31:22.640
<v Speaker 2>four to six percent, they go it to in credit

519
00:31:22.640 --> 00:31:25.160
<v Speaker 2>card thirteen to fourteen percent. They got it for nothing.

520
00:31:25.240 --> 00:31:28.799
<v Speaker 2>It didn't cost them anything, and so that is predatory.

521
00:31:29.480 --> 00:31:32.440
<v Speaker 2>And they say, here, if a free people determine the

522
00:31:32.480 --> 00:31:34.480
<v Speaker 2>price and the free market, well, we can all talk

523
00:31:34.519 --> 00:31:38.039
<v Speaker 2>about those hypotheticals, just like we can always talk about

524
00:31:38.039 --> 00:31:41.960
<v Speaker 2>the hypothetical what if the federal government obeyed the constitution?

525
00:31:44.079 --> 00:31:47.119
<v Speaker 2>Can you imagine what that would look like? It looked

526
00:31:47.119 --> 00:31:50.880
<v Speaker 2>like nothing like today. They don't obey the constitution on anything.

527
00:31:51.400 --> 00:31:54.119
<v Speaker 2>Another concern about Trump's proposal is that if he were

528
00:31:54.160 --> 00:31:59.960
<v Speaker 2>to actually impose the controls as did Emperor Diocletian via

529
00:32:00.039 --> 00:32:02.720
<v Speaker 2>residential executive order, it would be a gross violation of

530
00:32:02.759 --> 00:32:05.960
<v Speaker 2>the Constitution and it's separation of powers. They're right about

531
00:32:05.960 --> 00:32:11.880
<v Speaker 2>that executive orders by a president are to enforce existing law,

532
00:32:13.039 --> 00:32:15.759
<v Speaker 2>not to make law. And that's one of the hallmarks

533
00:32:15.759 --> 00:32:19.079
<v Speaker 2>of the Trump administration this first year, executive order after

534
00:32:19.119 --> 00:32:24.559
<v Speaker 2>executive order after executive order, all of them over phony emergencies,

535
00:32:25.119 --> 00:32:27.599
<v Speaker 2>claiming that there's an emergency, so now he can usurp

536
00:32:27.640 --> 00:32:31.200
<v Speaker 2>the power that he doesn't have to address an emergency

537
00:32:31.240 --> 00:32:35.680
<v Speaker 2>that doesn't exist. He's not the commander in chief. He

538
00:32:35.799 --> 00:32:40.079
<v Speaker 2>is the liar and thief is what Trump is. So

539
00:32:40.279 --> 00:32:43.119
<v Speaker 2>UBS explains why Trump's ten percent credit card rate cap

540
00:32:43.799 --> 00:32:47.880
<v Speaker 2>is unlikely to happen, and again it would only be

541
00:32:47.960 --> 00:32:50.880
<v Speaker 2>for one year, so it'd be a trap, I think

542
00:32:50.960 --> 00:32:53.240
<v Speaker 2>for many people. But they said it would take an

543
00:32:53.279 --> 00:32:55.480
<v Speaker 2>Act of Congress for rate caps like this to be

544
00:32:55.480 --> 00:32:58.440
<v Speaker 2>put in place by the way authority for which they

545
00:32:58.480 --> 00:33:01.920
<v Speaker 2>really don't have any authority, something that could be done

546
00:33:02.160 --> 00:33:06.359
<v Speaker 2>right now by the States and challenge the usurpation of

547
00:33:06.400 --> 00:33:10.200
<v Speaker 2>power by the Congress and probably by the Supreme Court,

548
00:33:10.279 --> 00:33:12.279
<v Speaker 2>so you probably lose, but you know, it's one of

549
00:33:12.279 --> 00:33:16.160
<v Speaker 2>these things that's a fight worth having. Anyway. Credit card

550
00:33:16.359 --> 00:33:19.440
<v Speaker 2>rate caps were discussed but failed to be included in

551
00:33:19.480 --> 00:33:24.359
<v Speaker 2>the twenty twenty five Genius Act, which suggests that the

552
00:33:24.400 --> 00:33:28.559
<v Speaker 2>industry lobby has made an impact. Well, you know, we've

553
00:33:28.559 --> 00:33:31.480
<v Speaker 2>had this last year. We've had the Genius Act, and

554
00:33:31.559 --> 00:33:34.039
<v Speaker 2>we've had the Genesis Act. The Genesis Act was to

555
00:33:34.119 --> 00:33:38.119
<v Speaker 2>clear the decks and give everything to the big technocracy,

556
00:33:38.440 --> 00:33:42.640
<v Speaker 2>the AI people that they wanted. The Genius Act was

557
00:33:42.680 --> 00:33:48.160
<v Speaker 2>to do the same thing for crypto the industries that

558
00:33:48.200 --> 00:33:52.039
<v Speaker 2>are favored by Trump because they are his donors. He

559
00:33:52.079 --> 00:33:57.880
<v Speaker 2>tweeted out all upper case affordability effective January twenty twenty six.

560
00:33:58.000 --> 00:34:01.480
<v Speaker 2>I as President of the United States, I'm calling for

561
00:34:01.519 --> 00:34:04.160
<v Speaker 2>a one year cap on the credit card interest rates

562
00:34:04.279 --> 00:34:07.839
<v Speaker 2>of ten percent. That's why I say, I think he

563
00:34:07.880 --> 00:34:14.199
<v Speaker 2>intends to do it by fiat, by decree, by executive order,

564
00:34:14.719 --> 00:34:19.400
<v Speaker 2>as the king, or should say the Caligula, right, Neo Caligula.

565
00:34:19.440 --> 00:34:22.920
<v Speaker 2>I think that's who this guy really is. The caps

566
00:34:22.920 --> 00:34:26.920
<v Speaker 2>proposed state date coincides to the anniversary of Trump's second

567
00:34:26.960 --> 00:34:31.320
<v Speaker 2>term inauguration and if implemented, would fulfill his twenty twenty

568
00:34:31.360 --> 00:34:37.760
<v Speaker 2>four election campaign pledge. Well, again, it is shared demagoguery

569
00:34:37.920 --> 00:34:43.159
<v Speaker 2>and it is a debt trap. Meanwhile, he's looking at

570
00:34:43.400 --> 00:34:47.519
<v Speaker 2>a Supreme Court ruling on the tariffs that everybody is

571
00:34:47.599 --> 00:34:50.800
<v Speaker 2>believing is going to be unfavorable to him because of

572
00:34:50.920 --> 00:34:54.159
<v Speaker 2>the arguments that were heard and the statements that are

573
00:34:54.159 --> 00:34:57.760
<v Speaker 2>made by the Supreme Court justices questioning this, it looks

574
00:34:57.800 --> 00:35:00.719
<v Speaker 2>like they don't believe that he has as the authority

575
00:35:00.760 --> 00:35:03.880
<v Speaker 2>which he doesn't have to do this, and so Trump

576
00:35:04.000 --> 00:35:10.599
<v Speaker 2>is issued a grave warning saying we're screwed if the

577
00:35:10.639 --> 00:35:16.079
<v Speaker 2>Supreme Court strikes down his tariff bonanza. Think about this,

578
00:35:16.559 --> 00:35:18.559
<v Speaker 2>Think of the mindset of this guy. As I said

579
00:35:18.800 --> 00:35:21.039
<v Speaker 2>the longest time, this is one of the best examples

580
00:35:21.440 --> 00:35:23.239
<v Speaker 2>of how you can tell that Trump is a New

581
00:35:23.320 --> 00:35:30.119
<v Speaker 2>York City Democrat, a tax and spend liberal pedophile covering

582
00:35:30.239 --> 00:35:32.880
<v Speaker 2>up for Jeffrey Epstein after hanging out with him and

583
00:35:32.920 --> 00:35:35.480
<v Speaker 2>then thinking that the way to prosperity is through taxing

584
00:35:35.679 --> 00:35:40.719
<v Speaker 2>and spending money, and so you know, he wants to

585
00:35:41.960 --> 00:35:46.119
<v Speaker 2>the tariffs are really a stupid game for stupid players.

586
00:35:46.840 --> 00:35:50.079
<v Speaker 2>So he lies about the emergencies he violates the Constitution

587
00:35:50.280 --> 00:35:54.119
<v Speaker 2>U service power. And then he throws this out and

588
00:35:54.360 --> 00:35:59.480
<v Speaker 2>he creates chaos in the marketplace, and it's created chaos

589
00:35:59.519 --> 00:36:03.519
<v Speaker 2>and banker for businesses, small, medium, in large, especially the

590
00:36:03.559 --> 00:36:07.280
<v Speaker 2>small businesses, and for retail as well as for manufacturing,

591
00:36:08.280 --> 00:36:11.960
<v Speaker 2>simply because it doesn't really matter what the economic policy is.

592
00:36:12.320 --> 00:36:16.000
<v Speaker 2>He's changed it constantly, and so here you're saying that

593
00:36:16.039 --> 00:36:19.000
<v Speaker 2>we're going to be it's going to be just terrific

594
00:36:19.679 --> 00:36:22.159
<v Speaker 2>if the Supreme Court comes in and changes his terraffs.

595
00:36:22.719 --> 00:36:25.159
<v Speaker 2>He spent the entire year changing his tariffs on a

596
00:36:25.199 --> 00:36:28.199
<v Speaker 2>whim if he had a bad phone call with the

597
00:36:28.280 --> 00:36:31.400
<v Speaker 2>leader of China, Okay, you're getting over one hundred percent tariffs.

598
00:36:31.960 --> 00:36:37.679
<v Speaker 2>Just temper tantrums, narcissism, ego. That was the yardstick by

599
00:36:37.760 --> 00:36:39.800
<v Speaker 2>which you could look at the teriffs that were there.

600
00:36:40.320 --> 00:36:43.280
<v Speaker 2>It made absolutely no sense. He punished people with whom

601
00:36:43.360 --> 00:36:47.159
<v Speaker 2>we had a trade surplus. But while this was all happening,

602
00:36:47.159 --> 00:36:53.800
<v Speaker 2>he completely ignores the actual cumulative deficit of thirty eight

603
00:36:53.840 --> 00:36:58.000
<v Speaker 2>trillion dollars, which is far, far, far more important and

604
00:36:58.039 --> 00:37:01.719
<v Speaker 2>consequential economically than any of these trade deficits that are there.

605
00:37:02.320 --> 00:37:06.239
<v Speaker 2>But again he tries many businesses out of business with

606
00:37:06.320 --> 00:37:09.159
<v Speaker 2>a chaos, and now he claims that the effects are

607
00:37:09.199 --> 00:37:11.400
<v Speaker 2>just going to be too big if you change what

608
00:37:11.519 --> 00:37:14.559
<v Speaker 2>he finally settled on, the effects are going to be

609
00:37:14.559 --> 00:37:16.960
<v Speaker 2>too big and too catastrophic, and they can't comply with it,

610
00:37:16.960 --> 00:37:18.480
<v Speaker 2>and they don't know who paid them the money and

611
00:37:18.519 --> 00:37:20.960
<v Speaker 2>all the rest of the stuff. Really, you had the

612
00:37:21.079 --> 00:37:25.119
<v Speaker 2>dog eat your tariff records? Is that what happened. He

613
00:37:25.159 --> 00:37:27.000
<v Speaker 2>doesn't even have a dog in the White House, one

614
00:37:27.039 --> 00:37:29.400
<v Speaker 2>of the few presidents that doesn't have a dog. But

615
00:37:30.119 --> 00:37:31.960
<v Speaker 2>and again a lot of them put the dog. They're

616
00:37:32.000 --> 00:37:35.079
<v Speaker 2>just trying to humanize themselves to the people. But he

617
00:37:35.079 --> 00:37:39.159
<v Speaker 2>doesn't care about looking human. So what happened to all

618
00:37:39.159 --> 00:37:41.199
<v Speaker 2>the records? You can't tell who you got this money

619
00:37:41.239 --> 00:37:42.480
<v Speaker 2>from and who you've got to pay it back to

620
00:37:43.199 --> 00:37:47.440
<v Speaker 2>give me a break. What's even worse is that if

621
00:37:47.440 --> 00:37:52.000
<v Speaker 2>the Supreme Court finds rules in favor of the truth,

622
00:37:52.159 --> 00:37:54.679
<v Speaker 2>saying that Trump in fact did not have the authority

623
00:37:55.199 --> 00:37:59.960
<v Speaker 2>to create taxes that is under the Constitution, the authority

624
00:38:00.159 --> 00:38:03.679
<v Speaker 2>of Congress. And so if they overturn it on that basis,

625
00:38:03.679 --> 00:38:07.360
<v Speaker 2>the people who have paid these tariffs have to then

626
00:38:07.480 --> 00:38:10.920
<v Speaker 2>sue the government in civil court, so you'll know Trump

627
00:38:11.079 --> 00:38:14.119
<v Speaker 2>exactly how much people paid, because they'll give you a

628
00:38:14.119 --> 00:38:16.920
<v Speaker 2>bill for it, just in case you didn't keep the records.

629
00:38:17.480 --> 00:38:19.880
<v Speaker 2>And so he says, we're screwed at the Supreme Court

630
00:38:19.960 --> 00:38:24.440
<v Speaker 2>strikes down the tariffs that he has unilaterally imposed on

631
00:38:24.840 --> 00:38:27.639
<v Speaker 2>most of the rest of the world. He said, it'd

632
00:38:27.639 --> 00:38:31.079
<v Speaker 2>be a complete mess, almost impossible for our country to pay.

633
00:38:31.920 --> 00:38:33.719
<v Speaker 2>It may not be possible, but if it were, it

634
00:38:33.719 --> 00:38:36.079
<v Speaker 2>would be dollars. It would be so large that would

635
00:38:36.119 --> 00:38:39.159
<v Speaker 2>take many years to figure out what number we're talking about,

636
00:38:39.199 --> 00:38:45.559
<v Speaker 2>even who, when, and where to pay. This is a

637
00:38:45.599 --> 00:38:49.920
<v Speaker 2>reminder this guy drove a half dozen casinos bankrupt because

638
00:38:50.280 --> 00:38:55.559
<v Speaker 2>he does know what he's doing. So he's just stole

639
00:38:55.599 --> 00:38:57.559
<v Speaker 2>the money from people. And now he can't figure out

640
00:38:57.599 --> 00:38:59.320
<v Speaker 2>who he has to repay. If he's told that, he's

641
00:38:59.320 --> 00:39:01.760
<v Speaker 2>got to get it back. And again, this is money

642
00:39:02.079 --> 00:39:06.159
<v Speaker 2>that has been taken out of the voluntary market, if

643
00:39:06.159 --> 00:39:10.239
<v Speaker 2>you will, and sent to Washington. When is that ever

644
00:39:10.599 --> 00:39:14.360
<v Speaker 2>a good thing? When are conservatives actually going to wake

645
00:39:14.480 --> 00:39:18.039
<v Speaker 2>up to what are they trying to conserve? Anyway? I

646
00:39:18.199 --> 00:39:22.039
<v Speaker 2>just can't figure that out. I think conservatism is absolutely

647
00:39:22.280 --> 00:39:25.000
<v Speaker 2>dead in this country. There isn't anything that they want

648
00:39:25.039 --> 00:39:28.360
<v Speaker 2>to conserve. They don't want to conserve the Constitution, they

649
00:39:28.360 --> 00:39:30.880
<v Speaker 2>don't want to conserve the rule of law. They don't

650
00:39:30.880 --> 00:39:34.039
<v Speaker 2>want to conserve the separation of powers. There's nothing that

651
00:39:34.079 --> 00:39:36.679
<v Speaker 2>they want to conserve. They don't even want to conserve money.

652
00:39:36.719 --> 00:39:40.280
<v Speaker 2>It's like, spend, spend, spend. Give him a pat on

653
00:39:40.320 --> 00:39:42.920
<v Speaker 2>the back whenever he spends a lot of money, so

654
00:39:42.960 --> 00:39:48.559
<v Speaker 2>he can't tell who he's taxed. And only a Democrat

655
00:39:49.519 --> 00:39:53.800
<v Speaker 2>and a failed casino would think that taxes are prosperity.

656
00:39:54.599 --> 00:39:58.000
<v Speaker 2>During the arguments, Chief Justice John Roberts characterized the tariffs

657
00:39:58.079 --> 00:40:03.239
<v Speaker 2>as taxes on Americans, and that's key. He maintains that

658
00:40:03.280 --> 00:40:06.480
<v Speaker 2>they're not taxes, they're not taxes on Americans. That it's

659
00:40:06.559 --> 00:40:09.360
<v Speaker 2>just magic money. You know. The Democrats have their modern

660
00:40:09.400 --> 00:40:12.559
<v Speaker 2>monetary theory MMT, which I always call the money the

661
00:40:12.559 --> 00:40:15.239
<v Speaker 2>magic money tree. We don't have to worry about deference.

662
00:40:15.280 --> 00:40:17.000
<v Speaker 2>It's it just you know, it's just money that we

663
00:40:17.079 --> 00:40:20.360
<v Speaker 2>make up and everything. Trump is the same way. He's

664
00:40:20.400 --> 00:40:24.920
<v Speaker 2>a supply side modern monetary theorist. Right now, this magic

665
00:40:25.000 --> 00:40:28.719
<v Speaker 2>tariff money just comes from nowhere and nobody's paying it.

666
00:40:28.800 --> 00:40:33.599
<v Speaker 2>Isn't that great, and so it just appeared. And you know,

667
00:40:33.639 --> 00:40:37.079
<v Speaker 2>the amazing thing about it, too, is that he's already

668
00:40:37.079 --> 00:40:39.280
<v Speaker 2>come up with multiple ways that he wants to spend

669
00:40:39.320 --> 00:40:42.199
<v Speaker 2>this bonanza that he calls it. You know, first he's

670
00:40:42.239 --> 00:40:44.679
<v Speaker 2>going to hand out a big check to all Americans.

671
00:40:45.159 --> 00:40:46.880
<v Speaker 2>Then he thinks about a little bit longer, and he says, no,

672
00:40:47.039 --> 00:40:50.679
<v Speaker 2>let's give it all to military spending. I can't make

673
00:40:50.760 --> 00:40:53.559
<v Speaker 2>up his mind on that either. So then we get

674
00:40:53.559 --> 00:40:57.119
<v Speaker 2>to FED Chair Powell who holds a press conference and says,

675
00:40:57.599 --> 00:41:01.079
<v Speaker 2>I'm under criminal investigation, and he says, this is not

676
00:41:01.519 --> 00:41:04.559
<v Speaker 2>about any crime that has actually been committed. He said,

677
00:41:04.599 --> 00:41:07.679
<v Speaker 2>this is about the fact that Trump wants control over

678
00:41:07.679 --> 00:41:10.119
<v Speaker 2>the Federal Reserve and he wants to push me out.

679
00:41:11.239 --> 00:41:14.159
<v Speaker 2>I think, and many other people think that this is

680
00:41:14.199 --> 00:41:16.719
<v Speaker 2>going to actually backfire on Trump. Remember he went to

681
00:41:16.800 --> 00:41:19.800
<v Speaker 2>a lot of trouble to try to get Lisa Cook out.

682
00:41:20.239 --> 00:41:25.119
<v Speaker 2>Why Well, because the Fed Chair himself has a lot

683
00:41:25.119 --> 00:41:27.840
<v Speaker 2>of influence. But he's not the only guy that votes

684
00:41:28.360 --> 00:41:30.400
<v Speaker 2>as to whether or not to raise the lower interest rates.

685
00:41:30.760 --> 00:41:34.239
<v Speaker 2>He is the face of this group of invisible people

686
00:41:34.280 --> 00:41:37.480
<v Speaker 2>that are back there that we don't see. And yet

687
00:41:37.519 --> 00:41:39.840
<v Speaker 2>it's the governors that are actually voting on that. That's

688
00:41:39.880 --> 00:41:41.880
<v Speaker 2>why it was so important for Trump to get rid

689
00:41:42.000 --> 00:41:46.360
<v Speaker 2>of Lisa Cook, who's going to impose his ideas on

690
00:41:46.440 --> 00:41:50.000
<v Speaker 2>what he thought the economy needed, his central planning. They've

691
00:41:50.000 --> 00:41:53.000
<v Speaker 2>got their own central plans and they are political in

692
00:41:53.079 --> 00:41:54.960
<v Speaker 2>terms of their opposition to Trump, so he wanted to

693
00:41:55.000 --> 00:41:58.920
<v Speaker 2>get rid of her. Well, what happens is that Chairman Powell,

694
00:41:58.960 --> 00:42:03.320
<v Speaker 2>who Trump put into place. Trump made him the chair

695
00:42:03.320 --> 00:42:07.360
<v Speaker 2>of the Federal Reserve. Well, his term ends in May,

696
00:42:07.800 --> 00:42:11.559
<v Speaker 2>so he's gone as the chair. However, he can remain

697
00:42:11.960 --> 00:42:14.320
<v Speaker 2>as one of the governors and still have a vote

698
00:42:15.000 --> 00:42:17.519
<v Speaker 2>on all of these economic issues, you know, whether they're

699
00:42:17.519 --> 00:42:20.119
<v Speaker 2>going to do quantitative easing or they're going to lower

700
00:42:20.119 --> 00:42:23.159
<v Speaker 2>interest rates or whatever raised interest rates. He will still

701
00:42:23.199 --> 00:42:29.639
<v Speaker 2>be there as a governor until twenty twenty eight. Typically,

702
00:42:29.960 --> 00:42:34.239
<v Speaker 2>that's not what happens. Typically, if somebody is the FED chair,

703
00:42:35.239 --> 00:42:38.440
<v Speaker 2>once their term is up, they leave the Federal Reserve.

704
00:42:38.480 --> 00:42:42.280
<v Speaker 2>They don't stick around as a demoted you know, get

705
00:42:42.320 --> 00:42:44.760
<v Speaker 2>demoted from chair to back to one of the governors.

706
00:42:45.960 --> 00:42:50.119
<v Speaker 2>But he might stick around, in which case Trump was

707
00:42:50.119 --> 00:42:52.199
<v Speaker 2>looking at, well, I get to replace the FED chair

708
00:42:52.880 --> 00:42:57.039
<v Speaker 2>and I get to replace a governor position. No, No,

709
00:42:57.159 --> 00:42:59.000
<v Speaker 2>this guy might stay there to be a thorn in

710
00:42:59.039 --> 00:43:01.280
<v Speaker 2>your side if you make him angry, which is what

711
00:43:02.159 --> 00:43:06.239
<v Speaker 2>Trump has a history of doing. Federal prosecutors are conducting

712
00:43:06.280 --> 00:43:10.480
<v Speaker 2>a criminal investigation. The Federal Reserve Chair Jerome Powell focused

713
00:43:10.679 --> 00:43:16.000
<v Speaker 2>on the extraordinarily excessive two and a half billion dollar renovation.

714
00:43:16.639 --> 00:43:19.920
<v Speaker 2>I don't know how you justify that, except we're talking

715
00:43:19.960 --> 00:43:23.280
<v Speaker 2>about Washington, the district of criminals and the district of

716
00:43:23.360 --> 00:43:29.360
<v Speaker 2>corruption and the district of debt. Really his resistance. He

717
00:43:30.840 --> 00:43:34.440
<v Speaker 2>had also testified to Congress. That's a part of it

718
00:43:34.480 --> 00:43:37.400
<v Speaker 2>as well. Now the person who's bringing these charges is

719
00:43:37.440 --> 00:43:41.800
<v Speaker 2>Fox News commentator Jeanine Periro Piro whatever, who is now

720
00:43:42.159 --> 00:43:45.559
<v Speaker 2>Judge Janine, who is now a prosecutor there in DC.

721
00:43:46.800 --> 00:43:49.480
<v Speaker 2>All of it very political. Powell said the probe is

722
00:43:49.519 --> 00:43:52.360
<v Speaker 2>a result of long standing frustration by Trump over the

723
00:43:52.360 --> 00:43:55.400
<v Speaker 2>Fed's refusal to cut interest rates as quickly and as

724
00:43:55.480 --> 00:43:59.599
<v Speaker 2>much as the president has demanded. And so again this

725
00:43:59.679 --> 00:44:06.360
<v Speaker 2>is thuggish, corrupt law fair by Trump, as we've seen

726
00:44:06.400 --> 00:44:09.000
<v Speaker 2>over and over again. So the threat of criminal charges

727
00:44:09.079 --> 00:44:11.840
<v Speaker 2>as are a consequence of the Federal Reserve setting interest

728
00:44:11.880 --> 00:44:15.559
<v Speaker 2>rates based on our best assessment of what will serve

729
00:44:15.599 --> 00:44:19.800
<v Speaker 2>the public rather than following the preferences of the president.

730
00:44:20.599 --> 00:44:22.760
<v Speaker 2>This is about whether the federalill be able to continue

731
00:44:22.800 --> 00:44:26.800
<v Speaker 2>to set interest rates based on evidence and economic conditions,

732
00:44:27.360 --> 00:44:30.480
<v Speaker 2>or whether instead monetary policy will be directed by political

733
00:44:30.519 --> 00:44:35.920
<v Speaker 2>pressure or intimidation. So he threw down the gauntlet. And

734
00:44:36.000 --> 00:44:39.280
<v Speaker 2>what public now Trump is the man is denying that

735
00:44:39.320 --> 00:44:41.480
<v Speaker 2>this is coming from him, that it is political, But

736
00:44:41.519 --> 00:44:44.320
<v Speaker 2>everybody knows what the truth is. Paul said, this is

737
00:44:44.320 --> 00:44:47.239
<v Speaker 2>not about my testimony last year, and it's not about

738
00:44:47.280 --> 00:44:50.719
<v Speaker 2>the renovation of the Federal Reserve buildings. Quite frankly, it

739
00:44:50.760 --> 00:44:56.199
<v Speaker 2>should be I think, I think that looks incredible. How again,

740
00:44:56.360 --> 00:44:59.360
<v Speaker 2>I just I can't conceive of how you can spend

741
00:44:59.440 --> 00:45:01.719
<v Speaker 2>two and a half billion dollars just to renovate a building.

742
00:45:01.719 --> 00:45:03.880
<v Speaker 2>They're not even talking about building it. I mean, you're

743
00:45:04.199 --> 00:45:06.320
<v Speaker 2>talking about building it. It's be hard to spend two

744
00:45:06.360 --> 00:45:10.360
<v Speaker 2>and a half billion dollars building a building, but he's

745
00:45:10.400 --> 00:45:15.800
<v Speaker 2>just doing renovation. Must be some expensive chair railing fitting

746
00:45:15.920 --> 00:45:16.239
<v Speaker 2>up there.

747
00:45:16.320 --> 00:45:18.800
<v Speaker 3>Maybe Trump mandated that it all needed to be gold.

748
00:45:19.159 --> 00:45:21.440
<v Speaker 2>That's right, Yeah, they're going to clean out for Knox

749
00:45:21.519 --> 00:45:25.840
<v Speaker 2>or this. It's not about Congress's oversight role. The FED,

750
00:45:25.880 --> 00:45:29.159
<v Speaker 2>through testimony and other public disclosures, made every effort to

751
00:45:29.239 --> 00:45:32.920
<v Speaker 2>keep Congress informed about the renovation project, he said, So

752
00:45:33.039 --> 00:45:35.800
<v Speaker 2>those are pretexts. I have deep respect for the rule

753
00:45:35.800 --> 00:45:38.159
<v Speaker 2>of law, for the accountability of our democracy, said no one,

754
00:45:38.239 --> 00:45:40.079
<v Speaker 2>certainly not. The chair of the Federal Reserve is above

755
00:45:40.119 --> 00:45:44.280
<v Speaker 2>the law. But this unprecedented action should be seen in

756
00:45:44.320 --> 00:45:49.440
<v Speaker 2>the broader context of the administration's threats and ongoing pressure.

757
00:45:50.400 --> 00:45:54.039
<v Speaker 2>So he is ready to fight Trump. I think it's

758
00:45:54.119 --> 00:45:57.599
<v Speaker 2>backfired here. I have served as at the Federal Reserve

759
00:45:57.679 --> 00:46:02.400
<v Speaker 2>under four administrations, Republican and Democrat alike, and he was

760
00:46:02.440 --> 00:46:07.880
<v Speaker 2>actually appointed by Trump as chair, a DOJ spokesman in

761
00:46:07.920 --> 00:46:10.960
<v Speaker 2>a statement to CNBC without saying the comment was about Powell.

762
00:46:11.400 --> 00:46:14.480
<v Speaker 2>So the Attorney General has instructed her US attorneys to

763
00:46:14.599 --> 00:46:19.840
<v Speaker 2>prioritize investigating any abuse of taxpayer dollars. So, yeah, we're

764
00:46:19.920 --> 00:46:22.599
<v Speaker 2>just this is just like a doge thing, right.

765
00:46:22.840 --> 00:46:26.599
<v Speaker 3>Is there anything that the government does that taxpayer They're

766
00:46:26.599 --> 00:46:30.000
<v Speaker 3>going to be busy for an ordinately long time.

767
00:46:30.480 --> 00:46:33.239
<v Speaker 2>Yeah, they're ready to stop. Yeah. I remember there's an

768
00:46:33.320 --> 00:46:37.599
<v Speaker 2>organization around TEA Party Time Citizens against the Government Waste.

769
00:46:37.880 --> 00:46:41.079
<v Speaker 2>I said, you could just drop that wright off of there,

770
00:46:41.119 --> 00:46:44.920
<v Speaker 2>because everything the government does is a waste and abuse

771
00:46:45.000 --> 00:46:45.480
<v Speaker 2>and fraud.

772
00:46:45.719 --> 00:46:47.840
<v Speaker 3>Yeah, if you start going through this line by line,

773
00:46:47.880 --> 00:46:50.159
<v Speaker 3>you will never get finished. You really just got to

774
00:46:50.159 --> 00:46:53.159
<v Speaker 3>bust out the chainsaw and start cutting this out wholesale.

775
00:46:53.400 --> 00:46:58.519
<v Speaker 2>That's right, That's right anyway, So the bottom line is

776
00:46:58.519 --> 00:47:03.639
<v Speaker 2>is that rocked the markets as usual. It set all

777
00:47:03.679 --> 00:47:07.360
<v Speaker 2>new precedents as usual, and we're not really sure I

778
00:47:07.360 --> 00:47:11.719
<v Speaker 2>where this is going to go. But anyway, Trump is

779
00:47:11.760 --> 00:47:15.000
<v Speaker 2>right saying this is the most per square foot of

780
00:47:15.039 --> 00:47:17.360
<v Speaker 2>any project that you've seen in the history of the world.

781
00:47:17.400 --> 00:47:21.039
<v Speaker 2>Probably that might be the first true thing that Trump

782
00:47:21.079 --> 00:47:24.559
<v Speaker 2>has said. I mean, it truly is a scandal that

783
00:47:24.599 --> 00:47:27.000
<v Speaker 2>they would spend that kind of money on a renovation.

784
00:47:28.280 --> 00:47:31.119
<v Speaker 2>But it tells you something about their attitude towards us,

785
00:47:31.159 --> 00:47:35.400
<v Speaker 2>doesn't it The other contempt that they have for the

786
00:47:35.400 --> 00:47:38.800
<v Speaker 2>little guys. This probe came to light nearly six months

787
00:47:39.039 --> 00:47:44.039
<v Speaker 2>after Representative Anna Paulina Luna first said that she'd referred

788
00:47:44.039 --> 00:47:46.400
<v Speaker 2>power to the DOJ for potential crimes of perjury and

789
00:47:46.400 --> 00:47:49.840
<v Speaker 2>false statements to federal officials in connection with his testimony

790
00:47:49.960 --> 00:47:53.920
<v Speaker 2>about the renovation project for the headquarters. And again this

791
00:47:53.960 --> 00:47:57.079
<v Speaker 2>is another one of these. It is very much like lawfair.

792
00:47:57.079 --> 00:48:00.199
<v Speaker 2>It's kind of what they did to Trump. You know,

793
00:48:00.280 --> 00:48:03.119
<v Speaker 2>this is I think it's wrong. I think it needs

794
00:48:03.159 --> 00:48:06.480
<v Speaker 2>to be stopped. As to whether it's as unusual crime

795
00:48:07.159 --> 00:48:10.679
<v Speaker 2>for things that typically happen in the district of criminals,

796
00:48:11.400 --> 00:48:14.119
<v Speaker 2>I don't think it rises to anything that's unusual, anything

797
00:48:14.159 --> 00:48:16.119
<v Speaker 2>that is not being done by any of the rest

798
00:48:16.119 --> 00:48:18.840
<v Speaker 2>of them. It's very much like what Trump did when

799
00:48:18.840 --> 00:48:22.440
<v Speaker 2>we came after the mortgage loans for Lisa Cook and

800
00:48:22.480 --> 00:48:25.679
<v Speaker 2>for Letitia James, saying that you put down that this

801
00:48:25.719 --> 00:48:27.599
<v Speaker 2>is going to be for your own personal use, and

802
00:48:27.679 --> 00:48:30.360
<v Speaker 2>yet you never lived in this, used it as income property,

803
00:48:30.519 --> 00:48:33.280
<v Speaker 2>or in the case of James, she rented it out

804
00:48:33.360 --> 00:48:36.559
<v Speaker 2>to a family member and did it at a discounted rate.

805
00:48:36.639 --> 00:48:40.199
<v Speaker 2>So I think she's actually pretty safe on that. But nevertheless,

806
00:48:40.239 --> 00:48:42.480
<v Speaker 2>this is another one of these kind of processed crimes

807
00:48:42.480 --> 00:48:44.760
<v Speaker 2>that they're looking at, which is the same game that

808
00:48:44.800 --> 00:48:46.599
<v Speaker 2>they did to Trump. He just decided he's going to

809
00:48:46.639 --> 00:48:50.320
<v Speaker 2>do it back to them and double down. Public opinion, however,

810
00:48:50.960 --> 00:48:53.559
<v Speaker 2>doesn't support that kind of thing, and Trump should understand

811
00:48:53.559 --> 00:48:57.039
<v Speaker 2>that it wasn't that people said well, you shouldn't do

812
00:48:57.079 --> 00:48:58.840
<v Speaker 2>that Trump, because I love Trump. We just looked at

813
00:48:58.840 --> 00:49:02.000
<v Speaker 2>it and we said, that's wrong to do that to somebody.

814
00:49:02.079 --> 00:49:04.039
<v Speaker 2>We all know that's wrong to do with somebody, Even

815
00:49:04.079 --> 00:49:08.360
<v Speaker 2>somebody as personally reprehensible as Donald Trump, it's still wrong

816
00:49:08.440 --> 00:49:10.760
<v Speaker 2>to do it to them. And that's the thing that

817
00:49:10.840 --> 00:49:12.679
<v Speaker 2>got him elected. So what does he think it's going

818
00:49:12.760 --> 00:49:14.880
<v Speaker 2>to do when he does this to drum Powell? Maybe

819
00:49:15.039 --> 00:49:19.519
<v Speaker 2>drum Powell will be the next president anyway, So when

820
00:49:19.519 --> 00:49:24.119
<v Speaker 2>he starts looking at people who are possible replacements for Powell,

821
00:49:24.719 --> 00:49:27.760
<v Speaker 2>guess what he's got. One of the guys that is

822
00:49:27.800 --> 00:49:30.320
<v Speaker 2>at let's see is this Blackstone and black Rock. You

823
00:49:30.320 --> 00:49:34.000
<v Speaker 2>need to keep these things separate because they are actually different. Here.

824
00:49:35.199 --> 00:49:40.679
<v Speaker 2>So Blackrock, not Blackstone, but black Rock, and Larry Fink

825
00:49:40.760 --> 00:49:44.239
<v Speaker 2>of course, is in line to get special favored treatment

826
00:49:44.519 --> 00:49:46.760
<v Speaker 2>with the Panama Canal. Remember that, I mean that was

827
00:49:46.800 --> 00:49:52.320
<v Speaker 2>like ancient history in terms of Trump's conquests and intimidations abroad.

828
00:49:52.400 --> 00:49:56.440
<v Speaker 2>And yet so he's got a Treasury secretary, He's got Bessant,

829
00:49:57.239 --> 00:50:02.280
<v Speaker 2>it was a sorrows ranking assistant, right, and then he

830
00:50:02.360 --> 00:50:08.280
<v Speaker 2>wants to make as chairman of the Fed black Rock guy, okay,

831
00:50:08.880 --> 00:50:12.679
<v Speaker 2>and of course there's three other people that he's looking at.

832
00:50:12.800 --> 00:50:16.559
<v Speaker 2>But doesn't that send off any warning flags for the conservatives.

833
00:50:16.639 --> 00:50:18.840
<v Speaker 2>I mean, as soon as you have some of these

834
00:50:18.880 --> 00:50:22.440
<v Speaker 2>back and forth fights about ice and the people, Oh,

835
00:50:22.519 --> 00:50:25.679
<v Speaker 2>look at paid protesters from a Soros, you got some

836
00:50:25.800 --> 00:50:29.320
<v Speaker 2>organization that's fed by another organization, by another organization, all

837
00:50:29.360 --> 00:50:32.440
<v Speaker 2>these different shell corporations of Soros, and they're giving money

838
00:50:32.440 --> 00:50:34.119
<v Speaker 2>to some of these people or helping them in some

839
00:50:34.199 --> 00:50:37.400
<v Speaker 2>way or the other. And I get it. I don't

840
00:50:37.440 --> 00:50:41.039
<v Speaker 2>like that. I reject that. But again it's the fact

841
00:50:41.079 --> 00:50:43.599
<v Speaker 2>that they're so selective about when they look at this.

842
00:50:44.360 --> 00:50:48.280
<v Speaker 2>They don't care about the fact that Soros and Scott

843
00:50:48.320 --> 00:50:50.679
<v Speaker 2>Bessant were the two who broke the Bank of England,

844
00:50:51.519 --> 00:50:53.639
<v Speaker 2>and so he puts them in there to bank to

845
00:50:53.800 --> 00:50:56.480
<v Speaker 2>break the Bank of America, I guess, or in the

846
00:50:56.559 --> 00:50:58.800
<v Speaker 2>Central Bank of America that break the dollar or whatever.

847
00:50:59.480 --> 00:51:01.599
<v Speaker 2>But they don't care. They don't care about his close

848
00:51:01.639 --> 00:51:06.679
<v Speaker 2>relationship with Blackrock and Larry Fink either, and all of this,

849
00:51:06.880 --> 00:51:11.440
<v Speaker 2>and so some of the other people. So the sky

850
00:51:11.599 --> 00:51:16.039
<v Speaker 2>Blackrock is the chief investment officer of Global fixed Income

851
00:51:16.360 --> 00:51:19.280
<v Speaker 2>and he's going to be interviewed as well, So you'll

852
00:51:19.280 --> 00:51:23.000
<v Speaker 2>have the sorow Sky as I call Scott Bessant, he's

853
00:51:23.000 --> 00:51:26.760
<v Speaker 2>Sorous's soy boy, will be interviewing him along with Susie

854
00:51:26.760 --> 00:51:30.440
<v Speaker 2>Wiles and Donald Trump for a job interview. When it

855
00:51:30.480 --> 00:51:34.039
<v Speaker 2>comes to getting rid of the Fed chair, not being

856
00:51:34.079 --> 00:51:36.800
<v Speaker 2>able to wait another five months to get rid of him,

857
00:51:36.800 --> 00:51:39.199
<v Speaker 2>I've got to get rid of him now with law fair.

858
00:51:39.800 --> 00:51:43.679
<v Speaker 2>Scott Bessant allegedly told this is Axios reporting it as

859
00:51:43.719 --> 00:51:46.800
<v Speaker 2>a scoop. Besn't told Trump that investigation of the Fed

860
00:51:46.920 --> 00:51:50.559
<v Speaker 2>chair is going to create a mess. Well, that's putting

861
00:51:50.599 --> 00:51:55.480
<v Speaker 2>it mildly. So he told Trump late Sunday, the federal

862
00:51:55.519 --> 00:51:59.679
<v Speaker 2>investigation into drum Pal the Fed Reserve Chair made a

863
00:51:59.719 --> 00:52:01.880
<v Speaker 2>mess and it could be very bad for financial markets.

864
00:52:01.880 --> 00:52:06.199
<v Speaker 2>Two sources familiar with the call told Axios Vessant's worries

865
00:52:06.480 --> 00:52:10.239
<v Speaker 2>about the financial fallout were somewhat realized on Monday, when

866
00:52:10.239 --> 00:52:12.519
<v Speaker 2>the dollar dropped as bond yields and the price of

867
00:52:12.559 --> 00:52:18.800
<v Speaker 2>gold rose, mid worries about potential political interference. The Secretary

868
00:52:18.840 --> 00:52:20.639
<v Speaker 2>isn't happy, and he let the President know it, said

869
00:52:20.679 --> 00:52:26.039
<v Speaker 2>one source who talked to Axios. Again, it's Jeene Pirout's

870
00:52:26.119 --> 00:52:31.360
<v Speaker 2>office in DC launching the probe. The White House officials say, well,

871
00:52:31.719 --> 00:52:34.320
<v Speaker 2>she didn't give a heads up to the Treasury, she

872
00:52:34.440 --> 00:52:36.519
<v Speaker 2>just did it on her own. Well, she knows what

873
00:52:36.800 --> 00:52:41.079
<v Speaker 2>Trump wants. Senior Administration officials told Axios they believe the

874
00:52:41.079 --> 00:52:44.039
<v Speaker 2>idea for the criminal investigation was launched partly at the

875
00:52:44.159 --> 00:52:48.840
<v Speaker 2>urging of the faha's director, Bill Pulty. This guy is

876
00:52:49.159 --> 00:52:52.159
<v Speaker 2>a snake. If everthe was one, he's one who's going

877
00:52:52.199 --> 00:52:55.480
<v Speaker 2>back with AI, going back to decades of people's real

878
00:52:55.559 --> 00:52:58.800
<v Speaker 2>estate history, trying to find a process crime for them.

879
00:53:00.159 --> 00:53:05.960
<v Speaker 2>So he denied that on Bloomberg TV. But who knows anyway.

880
00:53:06.800 --> 00:53:10.159
<v Speaker 2>Many people call this a bone headed move because it is.

881
00:53:10.280 --> 00:53:13.519
<v Speaker 2>Yet again it is another bone headed move from a

882
00:53:13.559 --> 00:53:17.199
<v Speaker 2>bone headed president. This is law fair at its worst,

883
00:53:17.920 --> 00:53:22.280
<v Speaker 2>set a former Dallas FED president Richard Fisher. The Justice

884
00:53:22.280 --> 00:53:26.039
<v Speaker 2>Apartment's threat to criminally indict Powell may even make it

885
00:53:26.079 --> 00:53:30.000
<v Speaker 2>harder for Trump to replace Powell with a loyalist. And

886
00:53:30.159 --> 00:53:33.760
<v Speaker 2>it'll probably, as I said before, keep Powell there long

887
00:53:33.960 --> 00:53:38.360
<v Speaker 2>after his term as chair expires. Typically they after they

888
00:53:38.480 --> 00:53:40.360
<v Speaker 2>are no longer the chair, they leave, and so Trump

889
00:53:40.360 --> 00:53:42.760
<v Speaker 2>would had that place to replace. But now he's not

890
00:53:42.800 --> 00:53:47.119
<v Speaker 2>going to have that as well. So again about three

891
00:53:47.159 --> 00:53:50.639
<v Speaker 2>percent up for gold over forty six hundred dollars, and

892
00:53:50.880 --> 00:53:56.760
<v Speaker 2>silver spiked another eight percent, rounding up on Monday. This

893
00:53:56.840 --> 00:54:00.159
<v Speaker 2>is all a reaction to reality, and this is not

894
00:54:00.239 --> 00:54:03.039
<v Speaker 2>a temporary thing because there's a lot of different things

895
00:54:03.039 --> 00:54:05.360
<v Speaker 2>that are pushing up the price of gold and silver.

896
00:54:06.719 --> 00:54:10.199
<v Speaker 2>And in addition to the economic issues that the US

897
00:54:10.280 --> 00:54:13.599
<v Speaker 2>is having, all of the countries are having economic issues.

898
00:54:14.280 --> 00:54:19.599
<v Speaker 2>And the Western financial system is referenced by the Fiat dollar,

899
00:54:19.679 --> 00:54:22.519
<v Speaker 2>by the swift clearance process, and all the rest of

900
00:54:22.559 --> 00:54:26.840
<v Speaker 2>the stuff has been thoroughly discredited by the Russian sanctions

901
00:54:26.880 --> 00:54:30.039
<v Speaker 2>and other things like that. So nobody trusts this criminal government.

902
00:54:30.079 --> 00:54:33.360
<v Speaker 2>I think it was just the fifth oil tanker has

903
00:54:33.440 --> 00:54:38.400
<v Speaker 2>been seized again. This is amazing civil asset forfeiture on

904
00:54:38.480 --> 00:54:41.119
<v Speaker 2>such a grand scale in the name of the war

905
00:54:41.199 --> 00:54:43.320
<v Speaker 2>on drugs, and it was never legal to start with.

906
00:54:43.880 --> 00:54:48.920
<v Speaker 2>And so nobody trusts this illegal, criminal operation that we

907
00:54:49.000 --> 00:54:52.920
<v Speaker 2>have here called America anymore. And so everybody is looking

908
00:54:52.960 --> 00:54:55.559
<v Speaker 2>to create a different financial system, and everybody is stocking

909
00:54:55.639 --> 00:54:58.639
<v Speaker 2>up on gold. The central banks are stocking up on gold,

910
00:54:58.719 --> 00:55:01.400
<v Speaker 2>and you've got bricks stock up on gold. You've got

911
00:55:01.440 --> 00:55:06.400
<v Speaker 2>the people who are are looking at creating another alternative

912
00:55:06.400 --> 00:55:10.199
<v Speaker 2>approach here in the United States with stable coins, the

913
00:55:10.440 --> 00:55:15.800
<v Speaker 2>Commerce Secretary Lucky Lutnik and his tether stable they're looking

914
00:55:15.960 --> 00:55:20.079
<v Speaker 2>at backing up the stable coin, not with dollars, but

915
00:55:20.119 --> 00:55:24.079
<v Speaker 2>with a real stable coin gold. And so there's a

916
00:55:24.079 --> 00:55:27.199
<v Speaker 2>lot of people that are accumulating and stacking gold, big

917
00:55:27.360 --> 00:55:32.800
<v Speaker 2>institutional buyers. And then there's all the issues about war,

918
00:55:33.960 --> 00:55:38.000
<v Speaker 2>domestic as well as international. All of these are things

919
00:55:38.039 --> 00:55:40.360
<v Speaker 2>that are going to continue to drive gold and silver up.

920
00:55:40.920 --> 00:55:43.960
<v Speaker 2>And of course it also gets you some independence away

921
00:55:43.960 --> 00:55:47.920
<v Speaker 2>from the Federal Reserve as they continue to devalue the dollar,

922
00:55:47.960 --> 00:55:49.880
<v Speaker 2>which has already lost more than nine nine percent of

923
00:55:49.880 --> 00:55:53.480
<v Speaker 2>its purchasing power since the Federal Reserve was created one hundred,

924
00:55:53.840 --> 00:55:56.800
<v Speaker 2>one hundred and twelve years ago. Now this is an

925
00:55:56.840 --> 00:55:59.960
<v Speaker 2>outrageous act which from any other president would be a shocker,

926
00:56:00.719 --> 00:56:04.719
<v Speaker 2>said former FED Vice Chair Alan Blinder in an email.

927
00:56:05.480 --> 00:56:07.920
<v Speaker 2>FED watchers say that Trump's attack on the institution could

928
00:56:07.960 --> 00:56:10.639
<v Speaker 2>make officials who are on the fence about a rate

929
00:56:10.679 --> 00:56:13.360
<v Speaker 2>cut reluctant to be seen to do so at the

930
00:56:13.360 --> 00:56:16.280
<v Speaker 2>present's bidding. So even if they were looking at the

931
00:56:16.320 --> 00:56:18.840
<v Speaker 2>economic data, and they thought the rates should be cut.

932
00:56:19.480 --> 00:56:21.480
<v Speaker 2>They don't want to be seen to be caving to

933
00:56:21.519 --> 00:56:24.559
<v Speaker 2>the president, so they might vote against it for political reasons.

934
00:56:24.719 --> 00:56:30.960
<v Speaker 2>It blows back exactly like his invasion of Venezuela. It

935
00:56:31.079 --> 00:56:33.320
<v Speaker 2>is going to blow back big time on him. I

936
00:56:33.360 --> 00:56:36.840
<v Speaker 2>think overall this is counter productive to the President's agenda,

937
00:56:37.519 --> 00:56:39.719
<v Speaker 2>and it almost forces the Federal Open Market Committee to

938
00:56:39.719 --> 00:56:44.199
<v Speaker 2>be more hawkish in order to resist political pressure or

939
00:56:44.199 --> 00:56:48.519
<v Speaker 2>to be seen to resist political pressure. Every living former

940
00:56:48.599 --> 00:56:52.480
<v Speaker 2>FED chair and a bipartisan group of former Treasury secretaries

941
00:56:53.000 --> 00:56:57.880
<v Speaker 2>and White House economists have issued a statement yesterday defending

942
00:56:57.960 --> 00:57:02.880
<v Speaker 2>Powell from the unprecedented attempt to use prosecutorial attacks to

943
00:57:02.960 --> 00:57:06.800
<v Speaker 2>undermine FED independence. And again you see FED independence, FED independence,

944
00:57:06.800 --> 00:57:11.599
<v Speaker 2>FED independence. You know, the whole structure of the Federal

945
00:57:11.599 --> 00:57:14.719
<v Speaker 2>Reserve is just corrupt from the get go, and we

946
00:57:14.800 --> 00:57:17.000
<v Speaker 2>need to look to see how we make this country

947
00:57:17.559 --> 00:57:22.280
<v Speaker 2>independent from the FED. So I'm all for it in

948
00:57:22.320 --> 00:57:25.920
<v Speaker 2>that regard, but not the way they mean independence. The

949
00:57:25.960 --> 00:57:29.800
<v Speaker 2>White House has sought to distance Trump from the DOJ probe,

950
00:57:30.519 --> 00:57:32.800
<v Speaker 2>they said, and of course Powell is not going to

951
00:57:32.880 --> 00:57:34.400
<v Speaker 2>ride off into the sunset. He's going to stay there,

952
00:57:34.400 --> 00:57:37.400
<v Speaker 2>so there can be a thorn in Trump's side. Well,

953
00:57:37.440 --> 00:57:39.920
<v Speaker 2>he may not ride off into the sunset, but I

954
00:57:39.920 --> 00:57:41.880
<v Speaker 2>think the gold and silver are going to go the moon.

955
00:57:42.119 --> 00:57:45.119
<v Speaker 2>So that's uh, you know, that's the takeaway from this.

956
00:57:45.760 --> 00:57:47.960
<v Speaker 2>And again I'll just tell you it's one thing that

957
00:57:48.000 --> 00:57:50.119
<v Speaker 2>you can do is most of these policies that we

958
00:57:50.239 --> 00:57:52.559
<v Speaker 2>look at, there's not too many things that we can

959
00:57:52.599 --> 00:57:56.440
<v Speaker 2>do to actually guard against or to utilize it for

960
00:57:56.440 --> 00:57:59.719
<v Speaker 2>our own benefit. But when we look at the economic

961
00:57:59.719 --> 00:58:02.559
<v Speaker 2>policy seas of the federal government and of the Federal Reserve,

962
00:58:03.199 --> 00:58:05.800
<v Speaker 2>there are things that we can do individually to try

963
00:58:05.840 --> 00:58:08.960
<v Speaker 2>to mitigate that or even profit from it. And the

964
00:58:09.000 --> 00:58:12.440
<v Speaker 2>gradual accumulation of gold and silver, as Tony Rtterman makes

965
00:58:12.480 --> 00:58:15.079
<v Speaker 2>possible with wise Wolf Gold, and you can let him

966
00:58:15.079 --> 00:58:18.039
<v Speaker 2>know that we come to him through David Knight do gold.

967
00:58:18.360 --> 00:58:21.639
<v Speaker 2>If you do that, that's a really wise move for

968
00:58:21.760 --> 00:58:25.320
<v Speaker 2>your future, because all of the fundamentals that have been

969
00:58:25.360 --> 00:58:28.519
<v Speaker 2>there now for several years are not changing. They're all

970
00:58:28.559 --> 00:58:32.159
<v Speaker 2>getting worse. And so we see the new high forty

971
00:58:32.199 --> 00:58:37.119
<v Speaker 2>six hundred dollars for gold and even higher eighty six

972
00:58:37.199 --> 00:58:40.280
<v Speaker 2>for silver, and even bigger jump in terms of percentage

973
00:58:40.360 --> 00:58:45.960
<v Speaker 2>yesterday because they're not going to audit the FED. They

974
00:58:46.000 --> 00:58:49.599
<v Speaker 2>may look at the building cost they may audit the

975
00:58:49.599 --> 00:58:52.679
<v Speaker 2>building costs of the Federal Reserve building, but they're not

976
00:58:52.719 --> 00:58:54.639
<v Speaker 2>going to audit what the FED does. And they're not

977
00:58:54.719 --> 00:58:56.599
<v Speaker 2>going to look at how much gold is in the

978
00:58:57.119 --> 00:59:01.320
<v Speaker 2>in Fort Knox because the FED is just a cesspool

979
00:59:01.960 --> 00:59:06.800
<v Speaker 2>of organized crime, just like the federal government itself. Nothing

980
00:59:07.000 --> 00:59:09.280
<v Speaker 2>about that is going to change. And then when we

981
00:59:09.360 --> 00:59:11.440
<v Speaker 2>look at what Trump is going to do in order

982
00:59:11.519 --> 00:59:16.679
<v Speaker 2>to try to make homes more affordable. David Bonnson, who

983
00:59:16.880 --> 00:59:23.400
<v Speaker 2>was a wealth management firm of the Boson Group, and

984
00:59:23.719 --> 00:59:25.840
<v Speaker 2>they've got to forget how many billions of dollars they've

985
00:59:25.840 --> 00:59:29.880
<v Speaker 2>got under management. But I've interviewed David and he was

986
00:59:29.920 --> 00:59:32.599
<v Speaker 2>saying that they've got the wrong target. He said, Trump

987
00:59:32.639 --> 00:59:35.920
<v Speaker 2>is saying he wants to ban large institutional investors from

988
00:59:35.960 --> 00:59:39.639
<v Speaker 2>buying single family homes. We don't want to. This really

989
00:59:39.639 --> 00:59:43.920
<v Speaker 2>has played into the concerns that we all have that

990
00:59:44.000 --> 00:59:46.000
<v Speaker 2>you hear from the World Economic Form all the time,

991
00:59:46.639 --> 00:59:49.360
<v Speaker 2>you'll own nothing and you'll be happy, right, And so

992
00:59:49.400 --> 00:59:52.920
<v Speaker 2>you see these large investment firms getting into buying up

993
00:59:53.000 --> 00:59:56.320
<v Speaker 2>single family homes. It's like, Aha, we know what that's about. Well,

994
00:59:56.360 --> 00:59:58.800
<v Speaker 2>the problem is is that if you actually look at

995
00:59:58.800 --> 01:00:01.719
<v Speaker 2>the numbers, it's still not very big. It would be

996
01:00:01.760 --> 01:00:06.400
<v Speaker 2>a good thing maybe to look at this and say,

997
01:00:06.440 --> 01:00:08.840
<v Speaker 2>you know what, legally could we do about this. I

998
01:00:08.880 --> 01:00:10.920
<v Speaker 2>don't think there's any authority under the Constitution to do

999
01:00:10.960 --> 01:00:14.119
<v Speaker 2>anything about it whatsoever. And you have to ask yourself,

1000
01:00:15.400 --> 01:00:18.159
<v Speaker 2>how do we justify saying that a certain group of

1001
01:00:18.199 --> 01:00:22.480
<v Speaker 2>people can't participate in a market? That makes no sense

1002
01:00:22.519 --> 01:00:24.519
<v Speaker 2>at all. But whether it's going to help from an

1003
01:00:24.519 --> 01:00:27.679
<v Speaker 2>economic standpoint is really what David Bonson is talking about here,

1004
01:00:27.880 --> 01:00:33.039
<v Speaker 2>And clearly when you look at what sources soy boy

1005
01:00:33.480 --> 01:00:37.639
<v Speaker 2>Scott Bessant said at the Economic Club of Minnesota last week,

1006
01:00:37.920 --> 01:00:41.199
<v Speaker 2>he said, yeah, we're looking at this. He goes as

1007
01:00:41.199 --> 01:00:44.119
<v Speaker 2>somebody who's been in markets for forty years. Markets are

1008
01:00:44.119 --> 01:00:46.480
<v Speaker 2>made on the margin, and so we're pushing out the

1009
01:00:46.480 --> 01:00:52.440
<v Speaker 2>marginal buyer. But we haven't exactly decided on the exact contours.

1010
01:00:53.360 --> 01:00:57.280
<v Speaker 2>In other words, translation, Trump hasn't given this any thought

1011
01:00:57.920 --> 01:01:00.639
<v Speaker 2>as to how it's actually going to work. This is

1012
01:01:00.719 --> 01:01:04.480
<v Speaker 2>just sheared demagoguery, folks. We haven't really thought about the

1013
01:01:04.519 --> 01:01:07.400
<v Speaker 2>contours of this. In other words, how do we define

1014
01:01:07.400 --> 01:01:10.760
<v Speaker 2>somebody who's an institutional investor? He said, Is it somebody

1015
01:01:10.760 --> 01:01:13.800
<v Speaker 2>who owns a dozen homes? Is it two dozen homes?

1016
01:01:14.599 --> 01:01:17.679
<v Speaker 2>Are we going to push out the small investor who

1017
01:01:17.760 --> 01:01:20.719
<v Speaker 2>goes in and buys a few houses and maybe makes

1018
01:01:20.760 --> 01:01:23.119
<v Speaker 2>some rental houses, a single family homes or something like that.

1019
01:01:23.320 --> 01:01:25.320
<v Speaker 2>What are we really going to do about this? And

1020
01:01:25.360 --> 01:01:28.480
<v Speaker 2>that's a really troubling that's a troubling issue as well

1021
01:01:28.519 --> 01:01:32.519
<v Speaker 2>as the legal aspects of this and the legal precedence.

1022
01:01:32.519 --> 01:01:34.239
<v Speaker 2>As a matter of fact, the person who's asking him

1023
01:01:34.239 --> 01:01:38.960
<v Speaker 2>the question pointed out to the Soros soy boy Scott

1024
01:01:39.000 --> 01:01:43.079
<v Speaker 2>Bessant pointed out that the White House is aligning itself

1025
01:01:43.400 --> 01:01:50.760
<v Speaker 2>with Senator Elizabeth Warren on these policies, yet another example

1026
01:01:50.880 --> 01:01:55.840
<v Speaker 2>of how Trump is a Northeastern liberal Democrat at tax

1027
01:01:55.920 --> 01:01:59.920
<v Speaker 2>and spend pedophile. That's who the guy is, always has been,

1028
01:01:59.920 --> 01:02:04.559
<v Speaker 2>always will be. And so David Monson said, it's incredibly

1029
01:02:04.599 --> 01:02:08.119
<v Speaker 2>easy to empirically establish that three of the markets that

1030
01:02:08.159 --> 01:02:10.960
<v Speaker 2>have been some of the biggest home price appreciation in

1031
01:02:11.000 --> 01:02:16.440
<v Speaker 2>America Bend, Oregon, Providence, Rhode Island, and San Jose, California,

1032
01:02:16.960 --> 01:02:22.239
<v Speaker 2>have zero institutional ownership three of the worst performing markets

1033
01:02:22.679 --> 01:02:25.679
<v Speaker 2>have the highest institutional ownership. In other words, the value

1034
01:02:25.679 --> 01:02:28.679
<v Speaker 2>of the houses have not gone up, so institutions have

1035
01:02:29.079 --> 01:02:31.920
<v Speaker 2>invested in areas that were not good areas to invest in.

1036
01:02:32.320 --> 01:02:34.039
<v Speaker 2>He said, to the extent that we're talking about total

1037
01:02:34.039 --> 01:02:38.000
<v Speaker 2>institutional ownership, people that own over a thousand homes, and

1038
01:02:38.079 --> 01:02:41.360
<v Speaker 2>this is including multi family, which is what the president

1039
01:02:41.360 --> 01:02:44.199
<v Speaker 2>and secondary vessant have not included. So he says, so

1040
01:02:44.239 --> 01:02:48.280
<v Speaker 2>there's more institutional investing in apartment buildings and they're not

1041
01:02:48.320 --> 01:02:52.440
<v Speaker 2>even including them. They're not talking about apartment buildings, but

1042
01:02:52.519 --> 01:02:56.679
<v Speaker 2>in single family it is zero point four percent of

1043
01:02:56.719 --> 01:02:59.440
<v Speaker 2>the housing stock. Now some will say, no, you can't

1044
01:02:59.440 --> 01:03:01.559
<v Speaker 2>look at it in a total ownership because the marginal

1045
01:03:01.679 --> 01:03:04.440
<v Speaker 2>buyer is the new buyer. Okay, he said, Well, the

1046
01:03:04.480 --> 01:03:08.280
<v Speaker 2>new buyer at the peak year was three percent. And

1047
01:03:08.320 --> 01:03:11.360
<v Speaker 2>if you look at the largest institutional owner, a company

1048
01:03:11.400 --> 01:03:16.000
<v Speaker 2>called black Stone, which is repeatedly confused with black Rock,

1049
01:03:16.800 --> 01:03:19.519
<v Speaker 2>it makes for all kinds of fallacious statements on social media.

1050
01:03:19.920 --> 01:03:21.000
<v Speaker 2>By the way, I've seen these.

1051
01:03:22.239 --> 01:03:22.480
<v Speaker 1>D C.

1052
01:03:22.639 --> 01:03:26.679
<v Speaker 2>Draino, the guy, the Zionist, the hardcore Zionist two was

1053
01:03:26.719 --> 01:03:29.679
<v Speaker 2>one of the biggest guys up front about this. Remember

1054
01:03:29.719 --> 01:03:34.400
<v Speaker 2>when Trump released so called released the Epstein documents to

1055
01:03:34.480 --> 01:03:38.199
<v Speaker 2>some of these MAGA influencers, and D C. Drainer was

1056
01:03:38.239 --> 01:03:40.360
<v Speaker 2>one of the worst in terms of cheering it and

1057
01:03:40.719 --> 01:03:43.880
<v Speaker 2>talking about what he had there. And this guy is

1058
01:03:43.880 --> 01:03:47.639
<v Speaker 2>putting out all kinds of false information about what's happening

1059
01:03:47.719 --> 01:03:52.000
<v Speaker 2>in the real estate market and confusing Blackstone with black Rock,

1060
01:03:52.199 --> 01:03:57.000
<v Speaker 2>perfect example of that. He said, Blackstone owns zero point

1061
01:03:57.320 --> 01:04:02.000
<v Speaker 2>zero six percent about six to sixty three thousand homes

1062
01:04:02.480 --> 01:04:06.679
<v Speaker 2>through conduits and subsidiaries, and a country that has eighty

1063
01:04:06.800 --> 01:04:10.639
<v Speaker 2>five million homes. So we're talking about something that is

1064
01:04:10.679 --> 01:04:13.599
<v Speaker 2>not even remotely rational, he said. When he says that

1065
01:04:13.639 --> 01:04:16.639
<v Speaker 2>we have to pick the contours, like well, do we

1066
01:04:16.679 --> 01:04:19.119
<v Speaker 2>want them to allow do we want to allow them

1067
01:04:19.159 --> 01:04:21.760
<v Speaker 2>to buy twenty homes or do we allow them to

1068
01:04:21.800 --> 01:04:26.000
<v Speaker 2>buy one hundred homes? That is nothing but central planning.

1069
01:04:27.239 --> 01:04:29.960
<v Speaker 2>And that is the problem is, you know, we want

1070
01:04:29.960 --> 01:04:34.159
<v Speaker 2>to talk about affordability. The problem with affordability is that

1071
01:04:34.199 --> 01:04:38.639
<v Speaker 2>the federal government is impoverishing people through their policies and

1072
01:04:38.679 --> 01:04:42.079
<v Speaker 2>through the devaluation of the currency, and through taxes and

1073
01:04:42.119 --> 01:04:45.559
<v Speaker 2>through regulation and the inflation that is the devaluement. If

1074
01:04:45.599 --> 01:04:47.840
<v Speaker 2>you want to do something about affordability, You've got to

1075
01:04:47.840 --> 01:04:51.639
<v Speaker 2>go back to the basic issues. And the most basic

1076
01:04:51.719 --> 01:04:56.639
<v Speaker 2>issue is the federal debt, which Trump himself is responsible

1077
01:04:56.639 --> 01:04:59.239
<v Speaker 2>for blowing up more than anybody else. He made that

1078
01:04:59.320 --> 01:05:04.039
<v Speaker 2>initial twenty Biden kept it up and so is Trump.

1079
01:05:04.800 --> 01:05:07.599
<v Speaker 2>And that's the real issue with affordability. So we look

1080
01:05:07.639 --> 01:05:09.599
<v Speaker 2>at these things like we're going to put ten one

1081
01:05:09.639 --> 01:05:12.559
<v Speaker 2>year cap of ten percent on credit card rates, so

1082
01:05:12.559 --> 01:05:14.719
<v Speaker 2>we're going to tell people to get a fifty year mortgage,

1083
01:05:14.760 --> 01:05:17.199
<v Speaker 2>and we're going to say you can't have institutional investors

1084
01:05:17.519 --> 01:05:21.719
<v Speaker 2>buying homes. None of this is a solution. I mean,

1085
01:05:22.000 --> 01:05:28.039
<v Speaker 2>this is as stupid as Gerald Ford's win buttons whip inflation. Now,

1086
01:05:28.079 --> 01:05:30.480
<v Speaker 2>remember that he put out these buttons, as said when

1087
01:05:30.880 --> 01:05:33.079
<v Speaker 2>and it was stood for whip inflation. Now, so you

1088
01:05:33.119 --> 01:05:35.960
<v Speaker 2>wear that problem is solved. And that's the kind of

1089
01:05:36.519 --> 01:05:42.400
<v Speaker 2>idiotic demagoguery that is a slogan, you know, jingoism and

1090
01:05:42.440 --> 01:05:45.360
<v Speaker 2>everything that the Trump is involved in. When you look

1091
01:05:45.360 --> 01:05:51.400
<v Speaker 2>at his economic remedies, they're laughable, absolutely laughable and unconstitutional

1092
01:05:51.559 --> 01:05:55.480
<v Speaker 2>and illegal to boot. Everything about this is wrong. As

1093
01:05:55.679 --> 01:05:58.440
<v Speaker 2>David Monson is saying, it really goes back to supply.

1094
01:06:00.079 --> 01:06:03.519
<v Speaker 2>It really goes back to income and wealth in general.

1095
01:06:04.320 --> 01:06:11.000
<v Speaker 2>That's the real issue. It's not home ownership more than anything,

1096
01:06:11.440 --> 01:06:18.719
<v Speaker 2>is a reflection of prosperity or poverty. And that's what's happening.

1097
01:06:18.760 --> 01:06:22.159
<v Speaker 2>Our government is making us poor. And all of this

1098
01:06:22.400 --> 01:06:24.960
<v Speaker 2>nonsense that Trump is doing is just like putting a

1099
01:06:25.039 --> 01:06:29.719
<v Speaker 2>new coat of paint on his bankrupt casino. Nothing has

1100
01:06:29.840 --> 01:06:33.199
<v Speaker 2>changed at all. Settle for something that is real, something

1101
01:06:33.199 --> 01:06:36.639
<v Speaker 2>that you can start to accumulate gradually, to try to

1102
01:06:36.719 --> 01:06:39.719
<v Speaker 2>protect yourself and to mitigate the harm that's going to

1103
01:06:39.760 --> 01:06:41.000
<v Speaker 2>be done to all of us. I mean, you're going

1104
01:06:41.039 --> 01:06:42.519
<v Speaker 2>to be harmed with us, even if you're own gold

1105
01:06:42.519 --> 01:06:44.519
<v Speaker 2>and silver. We're all going to be harmed. We're all

1106
01:06:44.519 --> 01:06:49.199
<v Speaker 2>harmed by excessive government regulation, by central planning, by inflation,

1107
01:06:49.400 --> 01:06:50.920
<v Speaker 2>all the rest of the stuff. But you can try

1108
01:06:50.920 --> 01:06:54.119
<v Speaker 2>to mitigate some of that again by getting into gold

1109
01:06:54.199 --> 01:06:57.639
<v Speaker 2>and silver. Tony Ardban can help you at Wisewolf and

1110
01:06:57.679 --> 01:07:00.440
<v Speaker 2>again let him know that you're coming through us through

1111
01:07:00.519 --> 01:07:03.400
<v Speaker 2>David Knight. Do gold. That's all I can tell you.

1112
01:07:04.119 --> 01:07:07.079
<v Speaker 2>And when we look at this stuff, it's just unbelievable

1113
01:07:07.599 --> 01:07:11.440
<v Speaker 2>how ridiculous it is. So that's the Federal Reserve War.

1114
01:07:11.639 --> 01:07:14.119
<v Speaker 2>And when we come back, we're going to take a

1115
01:07:14.159 --> 01:07:18.039
<v Speaker 2>look at the foreign wars that we have everywhere, because

1116
01:07:18.079 --> 01:07:20.599
<v Speaker 2>we've got a whole bunch of them stacked up. A

1117
01:07:20.639 --> 01:07:22.679
<v Speaker 2>little bit of updates about all these different ones. War

1118
01:07:22.719 --> 01:07:26.239
<v Speaker 2>with Russia, War with I ron Worth Greenland, War with Venezuela.

1119
01:07:27.719 --> 01:07:32.280
<v Speaker 2>That's the common thread with Trump. Everywhere he goes, he

1120
01:07:32.320 --> 01:07:35.039
<v Speaker 2>goes to war with everybody. He creates conflict where there

1121
01:07:35.079 --> 01:07:39.559
<v Speaker 2>wasn't any conflict. He says there's emergencies when there aren't emergencies,

1122
01:07:39.559 --> 01:07:43.079
<v Speaker 2>and then his policies create an emergency. And so we're

1123
01:07:43.079 --> 01:07:44.760
<v Speaker 2>going to talk about all that when we come back.

1124
01:07:45.519 --> 01:07:47.280
<v Speaker 2>We'll be right back. Stay with us.

1125
01:08:29.600 --> 01:09:46.720
<v Speaker 1>Because you're listening to the David Night Show. You're listening

1126
01:09:46.760 --> 01:09:48.239
<v Speaker 1>to the David Knight Show.

1127
01:09:52.399 --> 01:09:55.880
<v Speaker 4>APS Radio delivers multiple channels of music right to your

1128
01:09:55.920 --> 01:09:59.439
<v Speaker 4>mobile device. Get the APS Radio app today and listen

1129
01:09:59.479 --> 01:10:00.279
<v Speaker 4>wherever you well go.

1130
01:10:02.119 --> 01:10:03.479
<v Speaker 2>And before we get back to the news, I just

1131
01:10:03.479 --> 01:10:06.039
<v Speaker 2>want to say real quickly thank you to our donors,

1132
01:10:06.279 --> 01:10:08.439
<v Speaker 2>which we call our producers, because they are the ones

1133
01:10:08.439 --> 01:10:11.159
<v Speaker 2>who bring this program to you. And I want to

1134
01:10:11.159 --> 01:10:15.479
<v Speaker 2>thank the people on Zell who have made contributions Sally D,

1135
01:10:15.920 --> 01:10:23.520
<v Speaker 2>Rose G. Mitchell M. Robert A, Sean S, William R.

1136
01:10:23.880 --> 01:10:31.079
<v Speaker 2>Kelly k Lyndon, H. Mary M. John S, Michael L,

1137
01:10:31.800 --> 01:10:39.119
<v Speaker 2>Maurice W. William W. Janice W. And actually that was

1138
01:10:39.920 --> 01:10:41.600
<v Speaker 2>the last day of the year, so I was already

1139
01:10:41.760 --> 01:10:44.399
<v Speaker 2>counted in there. But thank you anyway, thank you so

1140
01:10:44.520 --> 01:10:46.760
<v Speaker 2>much all of you. And I don't have the list

1141
01:10:47.399 --> 01:10:49.680
<v Speaker 2>of the people who send things by mail, but we

1142
01:10:49.720 --> 01:10:51.760
<v Speaker 2>will get that tomorrow. But I want to thank many

1143
01:10:51.800 --> 01:10:55.439
<v Speaker 2>of you, and I really do appreciate your support and

1144
01:10:55.479 --> 01:10:58.239
<v Speaker 2>that's what keeps this program going. And we're about halfway

1145
01:10:58.239 --> 01:11:01.279
<v Speaker 2>through the month, so we had a very good month

1146
01:11:01.399 --> 01:11:05.600
<v Speaker 2>last month. As usual, January really starts off slow because

1147
01:11:05.640 --> 01:11:09.319
<v Speaker 2>people got a lot of bills to pay. But thank

1148
01:11:09.319 --> 01:11:11.439
<v Speaker 2>you to those of you who have been faithful supporters.

1149
01:11:11.520 --> 01:11:13.960
<v Speaker 2>That's always the same names that we see over and

1150
01:11:14.000 --> 01:11:16.239
<v Speaker 2>over again. So let's talk a little bit about the

1151
01:11:16.279 --> 01:11:18.319
<v Speaker 2>foreign wars, and of course there's many of them to

1152
01:11:18.399 --> 01:11:20.680
<v Speaker 2>choose from. How do we start. We got small updates

1153
01:11:21.159 --> 01:11:23.840
<v Speaker 2>on a lot of different ones. We're in instance, in Russia,

1154
01:11:24.359 --> 01:11:27.119
<v Speaker 2>we've had a couple of interesting updates in terms of

1155
01:11:27.199 --> 01:11:30.399
<v Speaker 2>you know, one of the things that has really emboldened

1156
01:11:30.560 --> 01:11:35.920
<v Speaker 2>Trump and the US military industrial complex is the superiority

1157
01:11:36.199 --> 01:11:40.560
<v Speaker 2>of our complex equipment. And yes it is superior, but

1158
01:11:40.680 --> 01:11:42.800
<v Speaker 2>it can still be shot down. A good example of

1159
01:11:42.840 --> 01:11:48.239
<v Speaker 2>this is what is happening in Ukraine. We have an

1160
01:11:48.279 --> 01:11:53.680
<v Speaker 2>F sixteen shot down in Ukraine with the anti aircraft missiles.

1161
01:11:53.680 --> 01:11:58.039
<v Speaker 2>He has three hundreds. In an interview, they said the

1162
01:11:58.159 --> 01:12:01.399
<v Speaker 2>US supplied aircraft was the most interesting target. They said

1163
01:12:02.119 --> 01:12:04.880
<v Speaker 2>their missile battery fired two missiles at the F sixteen.

1164
01:12:05.479 --> 01:12:08.239
<v Speaker 2>The first one damaged the aircraft, the second one delivered

1165
01:12:08.239 --> 01:12:11.439
<v Speaker 2>the final blow. They said. This is a guy who

1166
01:12:11.479 --> 01:12:14.279
<v Speaker 2>was a commander being interviewed on Russian TV. He said,

1167
01:12:14.319 --> 01:12:17.520
<v Speaker 2>we were tracking it, anticipating it. The enemy boasted these

1168
01:12:17.560 --> 01:12:20.880
<v Speaker 2>planes were indestructible. As it turns out, they fall from

1169
01:12:20.920 --> 01:12:24.159
<v Speaker 2>the sky just like the rest of them. And that's

1170
01:12:24.199 --> 01:12:27.359
<v Speaker 2>the key issue, seems to be, that was an issue.

1171
01:12:27.800 --> 01:12:30.720
<v Speaker 2>We were on the right side of this in World

1172
01:12:30.760 --> 01:12:33.119
<v Speaker 2>War two and World War two we had the Germans

1173
01:12:33.600 --> 01:12:37.119
<v Speaker 2>who had extremely complex and advanced planes. They had jet

1174
01:12:37.359 --> 01:12:39.239
<v Speaker 2>planes and things like that, but they didn't have very

1175
01:12:39.279 --> 01:12:43.279
<v Speaker 2>many of them, and they had very advanced panzer tanks,

1176
01:12:43.279 --> 01:12:45.600
<v Speaker 2>but they didn't have nearly as many of them as

1177
01:12:46.239 --> 01:12:51.960
<v Speaker 2>are much simpler, cheaper Sherman tanks, and that type of

1178
01:12:52.000 --> 01:12:57.039
<v Speaker 2>imbalance is even more accentuated now with drone warfare and

1179
01:12:57.079 --> 01:13:01.000
<v Speaker 2>things like that. So it's amazing to me to see

1180
01:13:01.439 --> 01:13:04.840
<v Speaker 2>how the US military and Dosto complexes writing checks that

1181
01:13:04.880 --> 01:13:07.920
<v Speaker 2>it can't cash in so many different areas. But when

1182
01:13:07.920 --> 01:13:10.800
<v Speaker 2>we talk about high tech stuff, it's not even like

1183
01:13:10.840 --> 01:13:14.279
<v Speaker 2>we have a monopoly on high tech stuff anymore. We

1184
01:13:14.319 --> 01:13:19.199
<v Speaker 2>don't have hypersonic missiles. They are building ships that they

1185
01:13:19.199 --> 01:13:22.039
<v Speaker 2>say are going to be launching pads for hypersonic missiles

1186
01:13:22.079 --> 01:13:24.920
<v Speaker 2>and things like that that we don't have. So we

1187
01:13:24.920 --> 01:13:27.520
<v Speaker 2>don't have the ships and we don't have the missiles yet.

1188
01:13:27.560 --> 01:13:30.600
<v Speaker 2>But just wait and if we don't have a war

1189
01:13:30.640 --> 01:13:33.520
<v Speaker 2>and have the military destroyed those who come along in

1190
01:13:33.600 --> 01:13:36.760
<v Speaker 2>due time. Meanwhile, the Russians and the Chinese do have

1191
01:13:36.840 --> 01:13:41.399
<v Speaker 2>hypersonic missiles. They have the Rashnik missile. They just destroyed

1192
01:13:42.800 --> 01:13:50.279
<v Speaker 2>a Ukrainian facility that builds planes in the Ukraine. They're

1193
01:13:50.279 --> 01:13:55.560
<v Speaker 2>actually building old planes. Mid twenty nine jets as well

1194
01:13:55.600 --> 01:13:58.880
<v Speaker 2>as some Western supplied F sixteens are being worked on

1195
01:13:58.920 --> 01:14:04.319
<v Speaker 2>at the facility. The Russian hypersonic ballistic missile system blew

1196
01:14:04.399 --> 01:14:07.600
<v Speaker 2>up the plant and produced long and medium range strike

1197
01:14:07.800 --> 01:14:11.039
<v Speaker 2>drones that being used for strikes against Russia targets deep

1198
01:14:11.039 --> 01:14:14.439
<v Speaker 2>inside the territory of Russia. They said. The strike hit

1199
01:14:14.479 --> 01:14:19.319
<v Speaker 2>production workshops, facilities holding finished drones, and the infrastructure at

1200
01:14:19.319 --> 01:14:22.600
<v Speaker 2>the plant's airfield. keV has not commented on the scope

1201
01:14:22.600 --> 01:14:24.680
<v Speaker 2>of the damage yet, but the mayor confirmed at the

1202
01:14:24.680 --> 01:14:28.359
<v Speaker 2>time that a piece of critical infrastructure had been hit.

1203
01:14:29.439 --> 01:14:34.279
<v Speaker 2>And so again, the wars that we're starting here are

1204
01:14:34.520 --> 01:14:38.159
<v Speaker 2>very and it's not just that, it's also the precedent

1205
01:14:38.840 --> 01:14:42.239
<v Speaker 2>of this kidnapping. As I pointed out last week, you

1206
01:14:42.319 --> 01:14:47.079
<v Speaker 2>got people in Russia like Alexander Dugan, a hardcore, you know,

1207
01:14:47.359 --> 01:14:50.279
<v Speaker 2>let's go take all of Ukraine type of thing, and

1208
01:14:51.680 --> 01:14:55.039
<v Speaker 2>when he saw his comments about the kidnapping of Madua,

1209
01:14:55.159 --> 01:14:57.720
<v Speaker 2>we should be doing that to Zelenski. And within a

1210
01:14:57.760 --> 01:15:01.680
<v Speaker 2>couple of days you see the UK minister say we

1211
01:15:01.720 --> 01:15:05.800
<v Speaker 2>need to go kidnap Putin. Trump's policies are not making

1212
01:15:05.880 --> 01:15:08.239
<v Speaker 2>us safer. You know, when you hear all this stuff

1213
01:15:08.239 --> 01:15:12.159
<v Speaker 2>about national security, it hasn't anything to do with national safety.

1214
01:15:13.119 --> 01:15:16.479
<v Speaker 2>These national security interests, these people who start the wars,

1215
01:15:17.199 --> 01:15:20.680
<v Speaker 2>like the CIA, like depending on. They're not doing things

1216
01:15:20.720 --> 01:15:24.920
<v Speaker 2>that make us safer. Far from it. Trump's policies and

1217
01:15:24.960 --> 01:15:28.720
<v Speaker 2>as precedents are making the world a much more dangerous place.

1218
01:15:29.520 --> 01:15:31.479
<v Speaker 2>Now everybody's saying, yeah, they did that, we could do

1219
01:15:31.520 --> 01:15:34.760
<v Speaker 2>that too, at least try it. So, Moscow said the

1220
01:15:34.760 --> 01:15:39.279
<v Speaker 2>Friday bombardment was with a hyper with the Arrestnic hypersonic

1221
01:15:39.319 --> 01:15:45.439
<v Speaker 2>missile was a response to the attacks against Putin's home

1222
01:15:46.560 --> 01:15:51.279
<v Speaker 2>in the Novgorod region, which the CIA is saying didn't happen.

1223
01:15:52.520 --> 01:15:57.039
<v Speaker 2>I don't know. I mean, when you got Putin versus

1224
01:15:57.039 --> 01:16:00.319
<v Speaker 2>the CIA, I don't know who to believe anymore, an

1225
01:16:00.359 --> 01:16:03.840
<v Speaker 2>old KGB guy and you got the current leadership of

1226
01:16:03.920 --> 01:16:06.039
<v Speaker 2>the CIA. I don't trust either one of them. I

1227
01:16:07.079 --> 01:16:11.079
<v Speaker 2>wouldn't believe anything either one of them says. So anyway,

1228
01:16:11.159 --> 01:16:13.800
<v Speaker 2>Russia first used the Rashianic coipersonic missile in late twenty

1229
01:16:13.840 --> 01:16:18.399
<v Speaker 2>twenty four, targeting a Ukrainian defense industry facility at Denipur.

1230
01:16:19.039 --> 01:16:23.399
<v Speaker 2>At the time, Putin said Rashanic missiles traveled ten times

1231
01:16:23.439 --> 01:16:26.279
<v Speaker 2>a speed of sound and could not be intercepted by

1232
01:16:26.319 --> 01:16:31.840
<v Speaker 2>any existing air defenses. And they actually showed that. So

1233
01:16:31.960 --> 01:16:35.199
<v Speaker 2>that takes us to Iran you know, Trump is already

1234
01:16:35.239 --> 01:16:39.439
<v Speaker 2>getting briefings on military strike options for Iran as the

1235
01:16:39.560 --> 01:16:43.880
<v Speaker 2>protest death's sore. And I look at this and I think,

1236
01:16:44.680 --> 01:16:47.079
<v Speaker 2>so it's just kind of going to snatch defeat. How

1237
01:16:47.119 --> 01:16:49.720
<v Speaker 2>the jaws of victory. Why would you interfere with us?

1238
01:16:49.800 --> 01:16:53.680
<v Speaker 2>It only strengthens the hands of the iyatolas for you

1239
01:16:53.760 --> 01:16:55.319
<v Speaker 2>to say that we're going to jump in on this.

1240
01:16:55.399 --> 01:16:59.319
<v Speaker 2>And it has been very significant pushback that's there. Of course,

1241
01:16:59.319 --> 01:17:03.800
<v Speaker 2>the question is is that really domestic unrest or is

1242
01:17:03.800 --> 01:17:07.079
<v Speaker 2>it something that is being pushed by the US and Israel.

1243
01:17:07.600 --> 01:17:09.479
<v Speaker 2>And I'm sure that they had some of a hand

1244
01:17:09.600 --> 01:17:11.479
<v Speaker 2>in that as well. The New York Times and others

1245
01:17:11.880 --> 01:17:14.199
<v Speaker 2>are confirming that Trump has recently been briefed on a

1246
01:17:14.239 --> 01:17:18.479
<v Speaker 2>series of new military strike options targeting Iran. Buildings and

1247
01:17:18.520 --> 01:17:21.479
<v Speaker 2>even mosques have been burned. Regardless of who is doing this,

1248
01:17:21.560 --> 01:17:25.199
<v Speaker 2>I mean, if this is organic in grassroots or if

1249
01:17:25.199 --> 01:17:28.039
<v Speaker 2>it is some kind of an operation by the US

1250
01:17:28.079 --> 01:17:33.640
<v Speaker 2>and Israel, this is still happening. There a lot of buildings, torched, cars, torched,

1251
01:17:34.039 --> 01:17:39.119
<v Speaker 2>police officials reportedly shot and stabbed, an internet blackout across

1252
01:17:39.159 --> 01:17:42.560
<v Speaker 2>the country. They've just completely shut down the entire Internet there,

1253
01:17:45.479 --> 01:17:47.880
<v Speaker 2>so it's very hard to get any information out of

1254
01:17:47.920 --> 01:17:51.760
<v Speaker 2>there that is reliable. It's not reliable under normal circumstances.

1255
01:17:52.399 --> 01:17:54.920
<v Speaker 2>Starlink terminals are said to be smuggled into the country

1256
01:17:55.479 --> 01:17:59.359
<v Speaker 2>during the twenty twenty two wave of protests. Trump, during

1257
01:17:59.359 --> 01:18:03.159
<v Speaker 2>Friday's meeting of oil executives, again warned Iranian leadership to

1258
01:18:03.399 --> 01:18:07.119
<v Speaker 2>kill protesters. Not to kill protesters. I should say, maybe

1259
01:18:07.159 --> 01:18:11.720
<v Speaker 2>he should tell that to Ice. Yeah, don't don't kill protesters.

1260
01:18:11.760 --> 01:18:13.560
<v Speaker 2>As a matter of fact, I'm talking about that. I

1261
01:18:13.680 --> 01:18:15.319
<v Speaker 2>don't have a I'm not gonna spend a lot of

1262
01:18:15.359 --> 01:18:17.159
<v Speaker 2>time one today because I spent last two or three

1263
01:18:17.239 --> 01:18:19.520
<v Speaker 2>days on It gives me really upset to go to

1264
01:18:19.520 --> 01:18:22.000
<v Speaker 2>social media. I told Careen this morning, I said, you know,

1265
01:18:22.680 --> 01:18:26.319
<v Speaker 2>when I look at the hatred coming out of conservatives

1266
01:18:26.359 --> 01:18:31.319
<v Speaker 2>for people and people writing comments on Rumble saying you know, well,

1267
01:18:31.439 --> 01:18:33.479
<v Speaker 2>I think she should be killed, you know, basically because

1268
01:18:33.479 --> 01:18:37.319
<v Speaker 2>she's got a wife or whatever, and just the pure hatred,

1269
01:18:37.359 --> 01:18:40.800
<v Speaker 2>the tribal hatred that is there is really astounding.

1270
01:18:40.840 --> 01:18:41.000
<v Speaker 5>You know.

1271
01:18:41.039 --> 01:18:48.039
<v Speaker 2>We look at it and christ said, if you you've

1272
01:18:48.039 --> 01:18:50.920
<v Speaker 2>heard that shot might kill But if you look at

1273
01:18:50.920 --> 01:18:53.640
<v Speaker 2>somebody with hatred in your heart, You've committed murder in

1274
01:18:53.640 --> 01:18:55.960
<v Speaker 2>your heart already. Well, these people aren't there saying I

1275
01:18:56.039 --> 01:18:58.840
<v Speaker 2>voted for this, kill them, you know, I mean, this

1276
01:18:59.000 --> 01:19:03.520
<v Speaker 2>is this is way beyond a private death wish that

1277
01:19:03.600 --> 01:19:05.800
<v Speaker 2>you got for somebody that is out there. I mean,

1278
01:19:05.840 --> 01:19:08.159
<v Speaker 2>they're publicly calling for this, and the sad thing about

1279
01:19:08.199 --> 01:19:12.039
<v Speaker 2>it is not only shows the moral condition of America,

1280
01:19:12.680 --> 01:19:16.680
<v Speaker 2>but it shows how willing and anxious both the left

1281
01:19:16.880 --> 01:19:19.760
<v Speaker 2>and the right are in terms of wanting to kill people.

1282
01:19:21.119 --> 01:19:24.800
<v Speaker 2>You know, the Conservatives, in terms of their rabid defense

1283
01:19:25.600 --> 01:19:30.760
<v Speaker 2>of this murder, are looking just exactly like Antifa out there.

1284
01:19:30.960 --> 01:19:33.600
<v Speaker 2>This is what a sheriff out of Michigan had to

1285
01:19:33.640 --> 01:19:34.680
<v Speaker 2>say about the shooting.

1286
01:19:35.399 --> 01:19:38.159
<v Speaker 5>What would you and obviously this is twenty twenty hindsight,

1287
01:19:38.199 --> 01:19:41.399
<v Speaker 5>but how do you think you would have handled that

1288
01:19:41.479 --> 01:19:47.640
<v Speaker 5>situation with Renee Good her car blocking the street? What

1289
01:19:47.680 --> 01:19:49.119
<v Speaker 5>do you think should have been done?

1290
01:19:50.680 --> 01:19:50.920
<v Speaker 2>Well?

1291
01:19:50.960 --> 01:19:53.560
<v Speaker 4>If I was there, and again you're right, it's hindsight,

1292
01:19:53.600 --> 01:19:55.000
<v Speaker 4>but I want to stood in front of the car

1293
01:19:55.359 --> 01:19:58.279
<v Speaker 4>and you give verbal commands if the car is turning away.

1294
01:19:58.560 --> 01:20:00.520
<v Speaker 4>My question is what crime was committed?

1295
01:20:00.840 --> 01:20:01.479
<v Speaker 2>Protesting?

1296
01:20:01.600 --> 01:20:03.319
<v Speaker 4>I mean, you saw what happened to the George Floyd

1297
01:20:03.359 --> 01:20:07.840
<v Speaker 4>protests during the twenty twenty and out of Hennepin County, Minneapolis, Minnesota.

1298
01:20:07.960 --> 01:20:10.720
<v Speaker 4>We had forty process that summer here. We didn't arrest

1299
01:20:10.800 --> 01:20:12.640
<v Speaker 4>people that were black in the street. We didn't arrest

1300
01:20:12.680 --> 01:20:15.520
<v Speaker 4>people who were just completely upset. This is part of

1301
01:20:15.560 --> 01:20:18.079
<v Speaker 4>the process, is what law enforcement deals with. So I

1302
01:20:18.079 --> 01:20:20.760
<v Speaker 4>would have kept on verbal commands. You can take the

1303
01:20:21.199 --> 01:20:24.079
<v Speaker 4>context of the situation. She didn't appear to be a threat.

1304
01:20:24.119 --> 01:20:26.600
<v Speaker 4>Although she's protesting, I get it. She can amp people up,

1305
01:20:26.680 --> 01:20:30.039
<v Speaker 4>it doesn't matter. That's not justification for deadly force. And

1306
01:20:30.039 --> 01:20:33.399
<v Speaker 4>then the force continuum that all law enforcement is required

1307
01:20:33.439 --> 01:20:36.119
<v Speaker 4>to follow. As escalation goes up, we go up. As

1308
01:20:36.119 --> 01:20:39.520
<v Speaker 4>it goes down, we go down. Instantaneously. The burden falls

1309
01:20:39.560 --> 01:20:41.359
<v Speaker 4>on law enforcement. And I want to tell you, for

1310
01:20:41.439 --> 01:20:44.399
<v Speaker 4>law enforcement out there watching that shooting, you can't take

1311
01:20:44.439 --> 01:20:46.399
<v Speaker 4>pride in what just happened. Yes, a VEHL can be

1312
01:20:46.520 --> 01:20:48.760
<v Speaker 4>used as a weapon. It wasn't used as a weapon

1313
01:20:48.800 --> 01:20:52.119
<v Speaker 4>that day. It's what the American people saw. Tires turned

1314
01:20:52.119 --> 01:20:54.000
<v Speaker 4>to the right. She's getting out. She's like, I'm not

1315
01:20:54.079 --> 01:20:55.840
<v Speaker 4>mad at you. I'm not mad at you. I don't

1316
01:20:55.880 --> 01:20:58.000
<v Speaker 4>care if she was there all day. You take the

1317
01:20:58.000 --> 01:21:00.760
<v Speaker 4>things that are in context at that moment make a decision.

1318
01:21:01.199 --> 01:21:04.479
<v Speaker 4>Was that decision to use deadly force the best decision?

1319
01:21:04.720 --> 01:21:06.920
<v Speaker 4>I don't think the American people think that, and iconally

1320
01:21:06.920 --> 01:21:07.520
<v Speaker 4>don't think that.

1321
01:21:09.319 --> 01:21:12.359
<v Speaker 2>Yeah, and that is a sheriff of Chris Swanson out

1322
01:21:12.359 --> 01:21:15.479
<v Speaker 2>of Michigan. You know, we can have some really good shriffs.

1323
01:21:15.520 --> 01:21:17.960
<v Speaker 2>I have to stand for election, and there are some

1324
01:21:18.039 --> 01:21:22.000
<v Speaker 2>really good sheriffs in America. Unfortunately, there's some really bad

1325
01:21:22.159 --> 01:21:25.000
<v Speaker 2>law enforcement. And when we centralize it. When you look

1326
01:21:25.039 --> 01:21:28.960
<v Speaker 2>at Trump criticizing what's going on in Iran, how is

1327
01:21:29.039 --> 01:21:31.079
<v Speaker 2>that different than what you want to do with ice?

1328
01:21:32.680 --> 01:21:37.439
<v Speaker 2>It's unbelievable hypocrisy for him to complain about what's happening

1329
01:21:37.479 --> 01:21:39.920
<v Speaker 2>in Iran when you look at what he is doing

1330
01:21:40.560 --> 01:21:45.239
<v Speaker 2>and deliberately provoking, deliberately creating chaos. I wonder if the

1331
01:21:45.239 --> 01:21:50.479
<v Speaker 2>police in Iran wear masks? Do they get all hyped

1332
01:21:50.560 --> 01:21:54.479
<v Speaker 2>up in military uniforms and armed to the teeth so

1333
01:21:54.560 --> 01:21:56.560
<v Speaker 2>they go out and you know point as a matter

1334
01:21:56.560 --> 01:21:58.800
<v Speaker 2>of fact, there's a video I haven't even shown it,

1335
01:21:58.840 --> 01:22:02.159
<v Speaker 2>but there's another video that has gone viral where you've

1336
01:22:02.159 --> 01:22:07.039
<v Speaker 2>got a middle aged woman standing there and she's yelling

1337
01:22:07.079 --> 01:22:11.840
<v Speaker 2>at the police protesting. She is redressing her grievances publicly, peacefully,

1338
01:22:12.079 --> 01:22:16.039
<v Speaker 2>as is specifically protected on the Constitution. And he's got

1339
01:22:16.119 --> 01:22:19.720
<v Speaker 2>a pepper ball rifle in his hand. He puts that down.

1340
01:22:19.800 --> 01:22:22.079
<v Speaker 2>He pulls out a real pistol and puts it right

1341
01:22:22.079 --> 01:22:26.439
<v Speaker 2>in her face. This is why when I did the

1342
01:22:26.800 --> 01:22:31.920
<v Speaker 2>thing about about Trump burning the Constitution and apocalypse now

1343
01:22:32.279 --> 01:22:37.640
<v Speaker 2>and all that stuff, I had that same thing done

1344
01:22:37.920 --> 01:22:42.520
<v Speaker 2>by a robot cop. And these guys have been trained

1345
01:22:42.640 --> 01:22:48.359
<v Speaker 2>as robots, dangerous robots to do something like that. So

1346
01:22:48.399 --> 01:22:50.239
<v Speaker 2>more than five hundred and forty four people have been

1347
01:22:50.319 --> 01:22:54.279
<v Speaker 2>killed over the past fifteen days during anti government demonstrations.

1348
01:22:54.359 --> 01:22:57.279
<v Speaker 2>So the scale of this is much bigger than anything

1349
01:22:57.279 --> 01:23:02.079
<v Speaker 2>that's going on with Ice or these leftist immigration people. However,

1350
01:23:04.039 --> 01:23:07.680
<v Speaker 2>it's not the scale that concerns me. It's the same

1351
01:23:07.680 --> 01:23:12.199
<v Speaker 2>principle that you're looking at here, including eight children. According

1352
01:23:12.239 --> 01:23:17.000
<v Speaker 2>to the Human Rights activist news agency, they said Iran

1353
01:23:17.119 --> 01:23:20.880
<v Speaker 2>is looking at freedom perhaps like never before, said Trump.

1354
01:23:21.399 --> 01:23:23.920
<v Speaker 2>Now the USA stands ready to help, and we're locked

1355
01:23:23.920 --> 01:23:26.119
<v Speaker 2>and loaded and we're ready to go kill more people

1356
01:23:26.159 --> 01:23:29.800
<v Speaker 2>for you. So yeah, just stay out of it for once.

1357
01:23:30.560 --> 01:23:32.439
<v Speaker 2>Every time you get into something, you make it worse,

1358
01:23:33.159 --> 01:23:35.479
<v Speaker 2>if Trump were to actually kick off yet more US

1359
01:23:35.560 --> 01:23:38.359
<v Speaker 2>military action in the Middle East, this time against a

1360
01:23:38.439 --> 01:23:42.520
<v Speaker 2>large nation like Iran, which would hold a serious potential

1361
01:23:43.439 --> 01:23:46.399
<v Speaker 2>fruscalating into a full blown conflict, it would likely prove

1362
01:23:46.560 --> 01:23:51.439
<v Speaker 2>deeply unpopular among his base. Broadly, the American public would

1363
01:23:51.479 --> 01:23:54.680
<v Speaker 2>likely not be on board either. Well, I don't know

1364
01:23:54.720 --> 01:23:56.760
<v Speaker 2>so much. I think we've gotten to the point now

1365
01:23:56.840 --> 01:24:03.119
<v Speaker 2>where the delusion of maga is so strong, the ability

1366
01:24:03.279 --> 01:24:07.479
<v Speaker 2>to double think is so strong. They may hate this policy.

1367
01:24:07.920 --> 01:24:11.960
<v Speaker 2>They may hate American adventurism abroad. They may hate the

1368
01:24:12.000 --> 01:24:17.560
<v Speaker 2>idea of America being the world's policeman and an excessive

1369
01:24:17.600 --> 01:24:20.640
<v Speaker 2>use of forced policemen at that, but they will still

1370
01:24:21.199 --> 01:24:23.479
<v Speaker 2>give excuses to Trump, just like they did for the

1371
01:24:23.560 --> 01:24:28.039
<v Speaker 2>vaccine that they hate. Even Iranian state TV as reporting

1372
01:24:28.079 --> 01:24:30.520
<v Speaker 2>from the morgue, they said where a large number of

1373
01:24:30.560 --> 01:24:35.760
<v Speaker 2>body bags can be seen. Goldman Sachs said that this

1374
01:24:36.079 --> 01:24:39.279
<v Speaker 2>US intervention in and of itself would have an impact

1375
01:24:39.319 --> 01:24:43.399
<v Speaker 2>on oil, gold and across the markets. Yeah, what do

1376
01:24:43.439 --> 01:24:45.439
<v Speaker 2>you think is going to be yet another thing that's

1377
01:24:45.479 --> 01:24:49.640
<v Speaker 2>going to affect the price of gold in a positive way? Iran,

1378
01:24:49.800 --> 01:24:54.399
<v Speaker 2>unlike the twenty two twenty twenty two protests that were

1379
01:24:54.399 --> 01:24:58.039
<v Speaker 2>around social liberties. This episode looks to be triggered by

1380
01:24:58.119 --> 01:25:02.880
<v Speaker 2>economic paralysis, with inflation spiking and the sudden collapse of

1381
01:25:02.920 --> 01:25:08.720
<v Speaker 2>the Iranian currency in late December. This is a harbinger

1382
01:25:08.880 --> 01:25:13.720
<v Speaker 2>of things to come to not just to Iran and

1383
01:25:13.960 --> 01:25:16.600
<v Speaker 2>not just to some third world countries, but it's something's

1384
01:25:16.640 --> 01:25:19.680
<v Speaker 2>going to happen in Western Europe and in the United

1385
01:25:19.680 --> 01:25:23.000
<v Speaker 2>States as well, And I think this is why they're

1386
01:25:23.039 --> 01:25:25.960
<v Speaker 2>being so provocative. I think this is why they're ramping

1387
01:25:26.039 --> 01:25:30.000
<v Speaker 2>up the federal army of cops, because I know that

1388
01:25:30.359 --> 01:25:33.640
<v Speaker 2>this type of unrest could easily come to this country

1389
01:25:33.680 --> 01:25:37.359
<v Speaker 2>as well. What can potentially add oil to the fire

1390
01:25:37.720 --> 01:25:41.279
<v Speaker 2>is if foreign interference continues to get talked up, with

1391
01:25:41.319 --> 01:25:45.279
<v Speaker 2>the US signaling the threat of potential intervention. Oil and

1392
01:25:45.319 --> 01:25:50.119
<v Speaker 2>gold crept up as the Iranian unrest unfold and Iranian

1393
01:25:50.159 --> 01:25:53.000
<v Speaker 2>businesses have in many cases been forced to suspend all

1394
01:25:53.039 --> 01:25:57.119
<v Speaker 2>activity because the shutdown of the Internet. It's said to

1395
01:25:57.159 --> 01:26:00.199
<v Speaker 2>be so severe that even the banking system is not

1396
01:26:00.239 --> 01:26:04.119
<v Speaker 2>operating and you can't even get money out of ATMs.

1397
01:26:04.800 --> 01:26:09.359
<v Speaker 2>Again a harbinger of what could easily happen in America

1398
01:26:09.399 --> 01:26:12.840
<v Speaker 2>and Western Europe. Nobody is immune to that. Especially right

1399
01:26:12.880 --> 01:26:17.359
<v Speaker 2>now we are in a very very precarious situation globally

1400
01:26:17.520 --> 01:26:21.000
<v Speaker 2>with all the countries. Leadership in Tehran may have made

1401
01:26:21.000 --> 01:26:25.640
<v Speaker 2>things worse for itself with a decision to block Internet access.

1402
01:26:26.680 --> 01:26:30.199
<v Speaker 2>Clashes of police have grown more intense and violent after

1403
01:26:30.239 --> 01:26:36.159
<v Speaker 2>they've done that. Iranian Foreign minister said the protests were

1404
01:26:36.159 --> 01:26:40.479
<v Speaker 2>brought under control on Saturday and then blamed Israel in

1405
01:26:40.520 --> 01:26:43.079
<v Speaker 2>the United States, and again I believe that there is

1406
01:26:43.119 --> 01:26:46.119
<v Speaker 2>probably some truth to that. As a matter of fact,

1407
01:26:46.359 --> 01:26:51.119
<v Speaker 2>Brian Schallhave has a very long report about the history

1408
01:26:51.319 --> 01:26:57.520
<v Speaker 2>of the Shaw's family. Mohammed Reza Pavlavi was the guy

1409
01:26:57.680 --> 01:27:01.560
<v Speaker 2>that was installed by the CIA and that was pushed out,

1410
01:27:01.560 --> 01:27:03.880
<v Speaker 2>and of course his son is still around, looks a

1411
01:27:03.880 --> 01:27:06.640
<v Speaker 2>good bit like him. Actually is now trying to make

1412
01:27:06.680 --> 01:27:09.640
<v Speaker 2>his bid to be Shaw of Iran again to take

1413
01:27:09.680 --> 01:27:15.079
<v Speaker 2>over Iran, and now he has had some support from

1414
01:27:15.359 --> 01:27:19.079
<v Speaker 2>the net and Yahoo government. Of course, the Americans who

1415
01:27:19.119 --> 01:27:24.000
<v Speaker 2>basically put the Shaw in completely ignored him, as after

1416
01:27:24.000 --> 01:27:27.439
<v Speaker 2>the Shaw died he declared himself to be King or

1417
01:27:27.640 --> 01:27:31.039
<v Speaker 2>Shaw whatever the official title is of Iran, and not

1418
01:27:31.079 --> 01:27:34.399
<v Speaker 2>even the US government recognized him, but now you have

1419
01:27:34.479 --> 01:27:37.039
<v Speaker 2>a big move by Israel to recognize him, and so

1420
01:27:38.359 --> 01:27:41.239
<v Speaker 2>Cia Masad may wind up trying to put a Shaw

1421
01:27:41.399 --> 01:27:44.760
<v Speaker 2>back in control of Iran. We'll have to wait and

1422
01:27:44.800 --> 01:27:49.319
<v Speaker 2>see what really happens with that. But again, this is

1423
01:27:49.840 --> 01:27:53.960
<v Speaker 2>many people don't understand the history of Iran prior to

1424
01:27:54.399 --> 01:27:57.439
<v Speaker 2>the takeover the US embassy. And if you see what

1425
01:27:57.560 --> 01:28:01.720
<v Speaker 2>the Shaw did to people trained by the US CIA,

1426
01:28:01.880 --> 01:28:05.520
<v Speaker 2>that is a real eye opening experience to see that

1427
01:28:05.640 --> 01:28:08.920
<v Speaker 2>our own government pushes the kinds of things that the

1428
01:28:09.039 --> 01:28:11.960
<v Speaker 2>Irani and Shaw did to his own people, and so

1429
01:28:13.159 --> 01:28:16.119
<v Speaker 2>they have distanced themselves from him in the past, but

1430
01:28:16.279 --> 01:28:19.920
<v Speaker 2>now it seems like all is forgiven. And who knows,

1431
01:28:19.920 --> 01:28:22.319
<v Speaker 2>maybe it's going to be another attempt by the US

1432
01:28:22.439 --> 01:28:24.920
<v Speaker 2>government to try to shore up the petro dollar. Look,

1433
01:28:24.960 --> 01:28:28.800
<v Speaker 2>that would be perfectly in line with what the technocracy wants.

1434
01:28:28.840 --> 01:28:31.279
<v Speaker 2>You know, the technocracy back in the nineteen thirties not

1435
01:28:31.359 --> 01:28:35.960
<v Speaker 2>only talked about having a united hemisphere from Greenland down

1436
01:28:36.000 --> 01:28:38.239
<v Speaker 2>to the Galapagos, as I pointed out, but they also

1437
01:28:38.840 --> 01:28:42.359
<v Speaker 2>said we need to get rid of money. And you've

1438
01:28:42.399 --> 01:28:45.600
<v Speaker 2>seen Elon Musk talk about this as well. We need

1439
01:28:45.640 --> 01:28:53.039
<v Speaker 2>to basically have an exchange and economy that is based

1440
01:28:53.079 --> 01:28:58.239
<v Speaker 2>on energy used, and this feeds into all of this

1441
01:28:58.479 --> 01:29:02.239
<v Speaker 2>social credit monitoring of people and how much energy you

1442
01:29:02.319 --> 01:29:04.560
<v Speaker 2>use and how much you consume and all the rest

1443
01:29:04.560 --> 01:29:08.279
<v Speaker 2>of this stuff. And so it's kind of interesting to see,

1444
01:29:08.800 --> 01:29:10.319
<v Speaker 2>even if you kind of think of it as a

1445
01:29:10.399 --> 01:29:14.319
<v Speaker 2>ven diagram, to see the overlap between the green people there.

1446
01:29:14.319 --> 01:29:16.800
<v Speaker 2>Of course, Elon must made all his money as a

1447
01:29:16.840 --> 01:29:20.159
<v Speaker 2>green grifter, and so it's kind of interesting to see

1448
01:29:20.199 --> 01:29:25.720
<v Speaker 2>the overlap of these draconian measures, these green mcguffins that

1449
01:29:25.760 --> 01:29:29.800
<v Speaker 2>they want to use to sell complete surveillance and control

1450
01:29:30.039 --> 01:29:33.199
<v Speaker 2>of all of our economic activity, what we eat, what

1451
01:29:33.239 --> 01:29:36.119
<v Speaker 2>we wear, whether we travel or not, where we live.

1452
01:29:36.239 --> 01:29:39.920
<v Speaker 2>All of this that all harkens back to the technocracy,

1453
01:29:40.520 --> 01:29:44.760
<v Speaker 2>and you can see a lot of these policies being

1454
01:29:44.800 --> 01:29:47.880
<v Speaker 2>brought back with that Denmark. Meanwhile, as we get to

1455
01:29:49.399 --> 01:29:51.560
<v Speaker 2>get to green Legus, we'll let it be sung in

1456
01:29:51.640 --> 01:29:57.000
<v Speaker 2>here by Donnie Jr. And Charlie so Well. We now

1457
01:29:57.000 --> 01:30:01.359
<v Speaker 2>have Congressman Randy Fine of Florida, the guy who has

1458
01:30:01.399 --> 01:30:06.239
<v Speaker 2>decided that, along with the Israeli billionaire Shlomo, that we

1459
01:30:06.319 --> 01:30:09.199
<v Speaker 2>need to get rid of the First Amendment. We should

1460
01:30:09.199 --> 01:30:11.159
<v Speaker 2>not have any free speech, and he was the one

1461
01:30:11.159 --> 01:30:14.920
<v Speaker 2>who was pushing very hard for DeSantis to go to

1462
01:30:15.039 --> 01:30:19.800
<v Speaker 2>Israel and to sign a bill for Florida in Israel

1463
01:30:19.960 --> 01:30:23.760
<v Speaker 2>to make it criminal to criticize the Israeli government. Now

1464
01:30:23.800 --> 01:30:27.239
<v Speaker 2>he's saying that Denmark hasn't treated them well. Well, I

1465
01:30:27.239 --> 01:30:30.600
<v Speaker 2>don't think you're treating Americans too well, Randy. He writes

1466
01:30:30.600 --> 01:30:35.239
<v Speaker 2>a plan to make Greenland the fifty first state, and

1467
01:30:35.319 --> 01:30:39.199
<v Speaker 2>he is sucking up to and supporting Trump in this

1468
01:30:39.560 --> 01:30:44.720
<v Speaker 2>quixotic quest, which is again, when you look at it,

1469
01:30:45.039 --> 01:30:47.600
<v Speaker 2>I don't know how this makes any sense at all,

1470
01:30:48.119 --> 01:30:51.680
<v Speaker 2>except that it is part of the goal of the

1471
01:30:51.720 --> 01:30:57.039
<v Speaker 2>technocracy to create what they called a technate everything in

1472
01:30:57.119 --> 01:31:02.640
<v Speaker 2>the Western hemisphere. There have been some extreme ideas discussed,

1473
01:31:02.680 --> 01:31:07.239
<v Speaker 2>including a military takeover. Also cash payments to residents. Yeah,

1474
01:31:07.239 --> 01:31:10.079
<v Speaker 2>we don't have to worry about the federal deficit. Do

1475
01:31:10.079 --> 01:31:13.159
<v Speaker 2>we can give one hundred thousand dollars to each person

1476
01:31:13.159 --> 01:31:16.239
<v Speaker 2>in Greenland to say that they want to be American

1477
01:31:16.319 --> 01:31:19.920
<v Speaker 2>tax slaves in the future. Always the government hands it

1478
01:31:20.000 --> 01:31:22.000
<v Speaker 2>out with one hand and takes it back with the other. So, yeah,

1479
01:31:22.000 --> 01:31:23.479
<v Speaker 2>we're going to give you a hundred thousand dollars and

1480
01:31:23.520 --> 01:31:25.439
<v Speaker 2>then they're going to start paying income taxes and we'll

1481
01:31:25.439 --> 01:31:29.039
<v Speaker 2>take it back in no time at all. So again,

1482
01:31:29.199 --> 01:31:33.199
<v Speaker 2>going to use bribery, going to use threats, going to

1483
01:31:33.319 --> 01:31:37.279
<v Speaker 2>use blackmail. This is our government. It's always the way

1484
01:31:37.319 --> 01:31:41.760
<v Speaker 2>they operate. And so it's Randy Fine of Florida wants

1485
01:31:41.760 --> 01:31:44.720
<v Speaker 2>to make a Greenland America's fifty first state. I think

1486
01:31:44.960 --> 01:31:47.119
<v Speaker 2>it is in the world's interest for the US to

1487
01:31:47.239 --> 01:31:51.720
<v Speaker 2>exert sovereignty over Greenland, said fine, well, it certainly, and

1488
01:31:51.760 --> 01:31:57.479
<v Speaker 2>Fines interest to copy everything that Donald Trump says.

1489
01:31:57.640 --> 01:32:01.640
<v Speaker 3>The question is is it in Greenland interest? Because that's

1490
01:32:01.680 --> 01:32:03.000
<v Speaker 3>who it's going to be impacting.

1491
01:32:03.680 --> 01:32:05.840
<v Speaker 2>Now, we don't care about that. I mean, you know,

1492
01:32:05.920 --> 01:32:10.199
<v Speaker 2>when you look at when you look at our country here,

1493
01:32:10.920 --> 01:32:13.199
<v Speaker 2>we don't really care what anybody else wants. I mean,

1494
01:32:13.199 --> 01:32:16.439
<v Speaker 2>we have a pirate company country here, you know. We

1495
01:32:16.600 --> 01:32:21.560
<v Speaker 2>just it's fine. I'm taking it because I can. Congress

1496
01:32:21.560 --> 01:32:23.640
<v Speaker 2>he said, still have to make it a state, but

1497
01:32:23.760 --> 01:32:25.760
<v Speaker 2>simply authorized the President to do what he's doing and

1498
01:32:25.840 --> 01:32:29.600
<v Speaker 2>say that Congress stands behind him. So he is introducing

1499
01:32:29.760 --> 01:32:33.920
<v Speaker 2>legislation to support Trump and all this, and Secretary Marco

1500
01:32:34.039 --> 01:32:37.560
<v Speaker 2>Rubio confirmed that he has now scheduled a meeting. People

1501
01:32:37.600 --> 01:32:41.439
<v Speaker 2>from Denmark and Greenland have been begging for a meeting

1502
01:32:41.720 --> 01:32:45.279
<v Speaker 2>from Marco Rubio since Trump started talking about Greenland about

1503
01:32:45.279 --> 01:32:47.960
<v Speaker 2>a year ago, said can we talk, and he's finally

1504
01:32:48.560 --> 01:32:53.840
<v Speaker 2>ready to talk, apparently under them. And so again Congress

1505
01:32:53.840 --> 01:32:56.119
<v Speaker 2>on the Constitution has the power to add states to

1506
01:32:56.199 --> 01:33:01.800
<v Speaker 2>the Union. But again, is this and our interest is

1507
01:33:01.840 --> 01:33:04.720
<v Speaker 2>it in Greenland's interest? Well, when we look at what

1508
01:33:04.840 --> 01:33:09.720
<v Speaker 2>is happening in Venezuela and this is something that is

1509
01:33:09.800 --> 01:33:14.399
<v Speaker 2>again backfiring, it's very much like looking at this whole

1510
01:33:14.399 --> 01:33:17.880
<v Speaker 2>thing unfold. It hasn't been that long since the kidnapping

1511
01:33:17.920 --> 01:33:22.079
<v Speaker 2>of Maduro, and there have been contradictory statements and lies

1512
01:33:22.279 --> 01:33:24.920
<v Speaker 2>coming from the Trump administration about every aspect of this,

1513
01:33:25.439 --> 01:33:29.000
<v Speaker 2>beginning with saying we're blowing up these boats because they've

1514
01:33:29.000 --> 01:33:31.439
<v Speaker 2>got fentanyl um and then they ignore that, and then

1515
01:33:31.439 --> 01:33:33.439
<v Speaker 2>they say, well, it's cocaine and it's coming to the

1516
01:33:33.520 --> 01:33:35.399
<v Speaker 2>United States, but it wasn't coming to the United States,

1517
01:33:35.399 --> 01:33:37.800
<v Speaker 2>and then saying they were being attacked by these people

1518
01:33:37.840 --> 01:33:40.479
<v Speaker 2>that were never attacked by any of these boats. And

1519
01:33:40.560 --> 01:33:44.279
<v Speaker 2>so every aspect of this has been one lie after

1520
01:33:44.319 --> 01:33:47.640
<v Speaker 2>the other. And to say that basically, we have done

1521
01:33:47.840 --> 01:33:51.039
<v Speaker 2>a decapitation strike. Well, that means that the guy then

1522
01:33:51.159 --> 01:33:54.520
<v Speaker 2>was the head of the government, right, except they're not

1523
01:33:54.920 --> 01:33:57.279
<v Speaker 2>going to acknowledge him. Has said they're going to pretend

1524
01:33:57.399 --> 01:33:59.960
<v Speaker 2>that he was a drug dealer and not the Press

1525
01:34:00.479 --> 01:34:04.720
<v Speaker 2>of Venezuela. Why not the president of Venezuela. Well, because

1526
01:34:04.760 --> 01:34:06.560
<v Speaker 2>the election was rigged and we know the person who

1527
01:34:06.640 --> 01:34:10.520
<v Speaker 2>really won the election was either Machado, who was kicked

1528
01:34:10.520 --> 01:34:12.920
<v Speaker 2>off the ballot because it looked like she was going

1529
01:34:12.960 --> 01:34:15.359
<v Speaker 2>to win, or Gonzales. But Trump is not going to

1530
01:34:15.439 --> 01:34:17.840
<v Speaker 2>put either one of them back in power. He's going

1531
01:34:17.880 --> 01:34:19.880
<v Speaker 2>to run the country himself or give it to Marco

1532
01:34:19.960 --> 01:34:24.399
<v Speaker 2>Rubio to be viceroy. None of this holds up to

1533
01:34:24.439 --> 01:34:28.439
<v Speaker 2>any scrutiny. It is completely inconsistent. And so the question

1534
01:34:28.640 --> 01:34:30.960
<v Speaker 2>is is this over oil? Well, he had all the

1535
01:34:31.000 --> 01:34:36.520
<v Speaker 2>oil executives with him on a Friday, and the EXON

1536
01:34:36.600 --> 01:34:43.000
<v Speaker 2>executive publicly said that this doesn't make any economic sense

1537
01:34:43.039 --> 01:34:46.319
<v Speaker 2>for them to get involved and that they can't really

1538
01:34:47.399 --> 01:34:52.920
<v Speaker 2>that it is uninvestible because the chaos in Venezuela. So

1539
01:34:52.960 --> 01:34:57.199
<v Speaker 2>that was the EXON CEO, Darren Woods. Well, Trump is

1540
01:34:57.239 --> 01:34:59.640
<v Speaker 2>going to exclude him out of any of this stuff,

1541
01:34:59.640 --> 01:35:02.720
<v Speaker 2>he's going to He's going to throw massive amounts of money.

1542
01:35:02.760 --> 01:35:05.359
<v Speaker 2>Just like he wants to bribe people in Greenland to

1543
01:35:05.439 --> 01:35:08.920
<v Speaker 2>vote become American. He wants to send massive and we're

1544
01:35:08.920 --> 01:35:11.119
<v Speaker 2>talking about a lot more than a hundred thousand dollars each,

1545
01:35:13.239 --> 01:35:15.720
<v Speaker 2>probably tens of billions of dollars to each of these

1546
01:35:16.119 --> 01:35:21.239
<v Speaker 2>companies to go in and build infrastructure in Venezuela. And

1547
01:35:21.319 --> 01:35:26.199
<v Speaker 2>yet when the Exxon CEO tells the truth about it,

1548
01:35:27.279 --> 01:35:30.640
<v Speaker 2>Trump says, well, I didn't like Exxon's response. He said,

1549
01:35:31.119 --> 01:35:35.439
<v Speaker 2>I'll probably be inclined to keep Exxon out. I didn't

1550
01:35:35.479 --> 01:35:40.760
<v Speaker 2>like their response. They're playing too cute, says Trump. So again,

1551
01:35:40.880 --> 01:35:45.039
<v Speaker 2>if you flatter him, you do whatever he wants, then

1552
01:35:45.279 --> 01:35:48.800
<v Speaker 2>you're going to get massive subsidies from him. But if

1553
01:35:48.840 --> 01:35:51.159
<v Speaker 2>you cross him, he's going to do everything he can

1554
01:35:51.439 --> 01:35:54.880
<v Speaker 2>to destroy you. Trump has argued that Venezuela's vast oil

1555
01:35:54.880 --> 01:35:58.920
<v Speaker 2>reserves could help revive its economy while also benefiting US

1556
01:35:58.960 --> 01:36:02.439
<v Speaker 2>consumers and energy companies. In a recent interview, he said

1557
01:36:02.479 --> 01:36:06.159
<v Speaker 2>he wants companies to commit at least one hundred billion

1558
01:36:06.199 --> 01:36:10.439
<v Speaker 2>dollars to quote rebuild the whole oil infrastructure in the country.

1559
01:36:10.439 --> 01:36:13.479
<v Speaker 2>But they say, well, you know, we just can't count

1560
01:36:13.520 --> 01:36:16.720
<v Speaker 2>on the US remaining there, and the political situation is

1561
01:36:16.840 --> 01:36:19.199
<v Speaker 2>in flux. We don't know that you're going to be

1562
01:36:19.239 --> 01:36:21.359
<v Speaker 2>able to stay there, even if you have a commitment.

1563
01:36:21.920 --> 01:36:24.119
<v Speaker 2>You know, the person who replaces Trump may not have

1564
01:36:24.159 --> 01:36:26.800
<v Speaker 2>a commitment to this, and even if they do have

1565
01:36:26.840 --> 01:36:29.239
<v Speaker 2>a commitment, they may not be able to make it happen.

1566
01:36:29.880 --> 01:36:32.800
<v Speaker 2>You know, just because we wanted to control Afghanistan, we

1567
01:36:32.840 --> 01:36:36.600
<v Speaker 2>still got thrown out of there. And so yet again

1568
01:36:36.800 --> 01:36:41.800
<v Speaker 2>we see these policies that are constantly shifting the narratives,

1569
01:36:41.840 --> 01:36:43.720
<v Speaker 2>where he draws the line in the sand and then

1570
01:36:43.720 --> 01:36:47.920
<v Speaker 2>he changes it again. We were told that taking the

1571
01:36:47.960 --> 01:36:51.479
<v Speaker 2>oil in Venezuela was to go after Cuba, that we

1572
01:36:51.560 --> 01:36:56.560
<v Speaker 2>needed to starve Cuba into submission their economy by cutting

1573
01:36:56.600 --> 01:37:00.399
<v Speaker 2>off oil from Venezuela. So now Trump is going to

1574
01:37:00.439 --> 01:37:04.880
<v Speaker 2>allow Mexico to provide will to Cuba despite his vow

1575
01:37:05.000 --> 01:37:07.399
<v Speaker 2>to cut off the supply. This is very much like

1576
01:37:07.800 --> 01:37:10.439
<v Speaker 2>what we saw with the AI chips from in Video. No,

1577
01:37:10.560 --> 01:37:14.560
<v Speaker 2>you can't, we can't let that high tech go to China,

1578
01:37:14.640 --> 01:37:18.840
<v Speaker 2>not at all. Then he talks to some corporations and

1579
01:37:18.920 --> 01:37:23.319
<v Speaker 2>he talks to Jensen Wang or whatever, and the next

1580
01:37:23.319 --> 01:37:25.920
<v Speaker 2>thing you know, he's going to say, well, okay, you

1581
01:37:25.920 --> 01:37:27.640
<v Speaker 2>can sell the chips to China, but you give a

1582
01:37:27.680 --> 01:37:32.479
<v Speaker 2>cut to me. There is no It's just like what

1583
01:37:32.520 --> 01:37:37.319
<v Speaker 2>Scott Bessel was saying about stopping institutional investment in single

1584
01:37:37.319 --> 01:37:40.840
<v Speaker 2>family homes. We haven't really figured out the contours of this.

1585
01:37:41.359 --> 01:37:43.439
<v Speaker 2>In other words, we don't know who the details are,

1586
01:37:43.920 --> 01:37:46.600
<v Speaker 2>and they don't know what the details are on any

1587
01:37:46.640 --> 01:37:48.760
<v Speaker 2>of this stuff, but he doesn't. It's not just that

1588
01:37:48.800 --> 01:37:53.880
<v Speaker 2>the tactics are changing, but it completely completely contradicts his

1589
01:37:53.920 --> 01:37:57.479
<v Speaker 2>own strategy. He's done this over and over again with tariffs,

1590
01:37:57.520 --> 01:38:03.600
<v Speaker 2>and he's doing it yet again. We got some comments here, Travis. Yes, Oh,

1591
01:38:03.640 --> 01:38:06.319
<v Speaker 2>the New York Times are reporting Scott Adams passed away.

1592
01:38:06.880 --> 01:38:10.600
<v Speaker 2>So sorry to hear that. Yeah, especially because of the

1593
01:38:10.640 --> 01:38:12.680
<v Speaker 2>comments that he was making just a few weeks ago.

1594
01:38:14.079 --> 01:38:17.479
<v Speaker 2>I'm so sorry to hear that. His comments about his

1595
01:38:17.600 --> 01:38:21.279
<v Speaker 2>relationship with christ So sorry to hear that.

1596
01:38:22.119 --> 01:38:28.039
<v Speaker 3>Hopefully he hopefully, Yeah, he made that decision in the end.

1597
01:38:28.760 --> 01:38:32.600
<v Speaker 2>Yeah, we don't know. We never know about anybody. It's

1598
01:38:32.640 --> 01:38:35.840
<v Speaker 2>between the person and God, and we can't really know

1599
01:38:35.920 --> 01:38:37.319
<v Speaker 2>what is happening in somebody's heart.

1600
01:38:38.560 --> 01:38:40.840
<v Speaker 3>We have Steve evs He says, what if you violate

1601
01:38:40.840 --> 01:38:43.840
<v Speaker 3>one of the hundreds of unconstitutional executive orders? Is it

1602
01:38:43.880 --> 01:38:44.439
<v Speaker 3>a crime?

1603
01:38:45.439 --> 01:38:46.039
<v Speaker 2>A good point.

1604
01:38:46.159 --> 01:38:48.439
<v Speaker 3>They'll definitely treat it like one. That's for sure.

1605
01:38:48.800 --> 01:38:51.319
<v Speaker 2>They can make you suffer, you know, if that finds

1606
01:38:51.359 --> 01:38:53.000
<v Speaker 2>and other things like that. I mean, it's what we

1607
01:38:53.039 --> 01:38:54.960
<v Speaker 2>saw through COVID things like that.

1608
01:38:55.800 --> 01:38:59.479
<v Speaker 3>Yes, and original Babe says, the funny thing is Trump

1609
01:38:59.600 --> 01:39:02.600
<v Speaker 3>quoted that snake poem several times. Doesn't anyone see he

1610
01:39:02.680 --> 01:39:05.239
<v Speaker 3>was telling everyone he is the snake and you let

1611
01:39:05.319 --> 01:39:05.960
<v Speaker 3>him in?

1612
01:39:06.680 --> 01:39:08.880
<v Speaker 2>I know, that's that was my comment. I remember an

1613
01:39:08.880 --> 01:39:12.359
<v Speaker 2>Info Worse when he was doing that and Derren mcgreen

1614
01:39:12.479 --> 01:39:13.920
<v Speaker 2>was working on a piece and it had that as

1615
01:39:13.960 --> 01:39:16.680
<v Speaker 2>part of it. I said, that's pretty amazing. I said,

1616
01:39:16.720 --> 01:39:20.520
<v Speaker 2>it's obvious that he's the snake. You know, they didn't

1617
01:39:20.520 --> 01:39:22.279
<v Speaker 2>see it that way. I did see it that way.

1618
01:39:23.479 --> 01:39:24.239
<v Speaker 2>I agree with you.

1619
01:39:24.319 --> 01:39:27.880
<v Speaker 3>Yeah, all right, we have.

1620
01:39:28.359 --> 01:39:31.079
<v Speaker 2>Just as nature. Yeah go ahead, sorry.

1621
01:39:30.840 --> 01:39:35.039
<v Speaker 3>Oh yeah, just its nature. Will Tubac says, happy anniversary, surnight.

1622
01:39:35.319 --> 01:39:37.520
<v Speaker 2>Well, thank you very much. It has been a happy

1623
01:39:37.720 --> 01:39:40.319
<v Speaker 2>forty six years. I gotta think, you know, it's like

1624
01:39:41.000 --> 01:39:45.119
<v Speaker 2>the numbers of flying bang's so fast. So who's quick?

1625
01:39:45.439 --> 01:39:49.720
<v Speaker 3>Yes, p a Patriot fourteen, I'm assuming that's Pennsylvania says.

1626
01:39:49.760 --> 01:39:52.720
<v Speaker 3>Thirteen percent interest rate in nineteen eighty is less than

1627
01:39:52.720 --> 01:39:55.520
<v Speaker 3>a six percent interest rate today. Due to the principle

1628
01:39:55.600 --> 01:39:56.800
<v Speaker 3>of the home itself.

1629
01:39:57.600 --> 01:40:01.199
<v Speaker 2>Yeah, yeah, but yeah, it's amazing to see what has

1630
01:40:01.239 --> 01:40:04.600
<v Speaker 2>happened to the average price of a single family home.

1631
01:40:04.640 --> 01:40:06.159
<v Speaker 2>You know, that's the other part of it as well,

1632
01:40:06.319 --> 01:40:09.960
<v Speaker 2>And it's not Look, the cost of homes, just like

1633
01:40:10.039 --> 01:40:15.039
<v Speaker 2>the cost of cars, is not purely inflation. It's inflation

1634
01:40:15.359 --> 01:40:18.640
<v Speaker 2>plus regulation. They have done all kinds of things to

1635
01:40:18.720 --> 01:40:20.800
<v Speaker 2>drive up the price of homes, just like they have

1636
01:40:20.920 --> 01:40:24.880
<v Speaker 2>for cars, and so so much of the affordability issue

1637
01:40:25.399 --> 01:40:29.720
<v Speaker 2>is tied to inflation, but it's also tied to oppressive

1638
01:40:29.960 --> 01:40:33.079
<v Speaker 2>government regulations. I mean, you know, you got your one

1639
01:40:33.119 --> 01:40:35.680
<v Speaker 2>and a half gallon toilets and there. I don't know

1640
01:40:35.720 --> 01:40:37.720
<v Speaker 2>that that costs anymore now than it did before. But

1641
01:40:38.079 --> 01:40:41.920
<v Speaker 2>they micromanage everything. They micromanage the design of light bulbs,

1642
01:40:42.239 --> 01:40:45.760
<v Speaker 2>of toilets, of gas cans. Everything is micromanaged, and that

1643
01:40:45.840 --> 01:40:48.640
<v Speaker 2>of course raises the price of things as well. And

1644
01:40:48.800 --> 01:40:51.199
<v Speaker 2>many of these things have no reason to be the

1645
01:40:51.199 --> 01:40:51.760
<v Speaker 2>way they are.

1646
01:40:52.840 --> 01:40:56.119
<v Speaker 3>Yeah, yeah, and we have high boost saying I paid

1647
01:40:56.159 --> 01:40:58.960
<v Speaker 3>property tax, I am in debtors jail.

1648
01:40:59.439 --> 01:41:02.920
<v Speaker 2>Yeah. That's so that's circulating around quite a bit. There's

1649
01:41:02.920 --> 01:41:05.960
<v Speaker 2>a lot of different proposals out there to look at that.

1650
01:41:06.000 --> 01:41:08.439
<v Speaker 2>They know that's a hot spot for people, and it

1651
01:41:08.640 --> 01:41:11.199
<v Speaker 2>absolutely is. And you can never get rid of the

1652
01:41:11.239 --> 01:41:11.880
<v Speaker 2>property tax.

1653
01:41:12.119 --> 01:41:12.359
<v Speaker 1>Again.

1654
01:41:12.439 --> 01:41:14.600
<v Speaker 2>Every time we talk about property tax, I'm reminded of

1655
01:41:14.640 --> 01:41:17.640
<v Speaker 2>Donald Rainwater and Indiana, a guy who ran as an

1656
01:41:17.640 --> 01:41:21.079
<v Speaker 2>independent as a libertarian. Actually, he had a very good

1657
01:41:21.079 --> 01:41:23.399
<v Speaker 2>approach and it's something that people need to hear. It's

1658
01:41:23.399 --> 01:41:28.399
<v Speaker 2>something people need to give to their state representative to

1659
01:41:28.439 --> 01:41:31.439
<v Speaker 2>think about his approach that he suggested when he's running

1660
01:41:31.439 --> 01:41:33.880
<v Speaker 2>for governor in Indiana. He said, let's say that it's

1661
01:41:33.920 --> 01:41:37.920
<v Speaker 2>going to be seven percent something like that, and make

1662
01:41:37.960 --> 01:41:40.279
<v Speaker 2>it like a sales tax, and so you pay it

1663
01:41:40.359 --> 01:41:42.880
<v Speaker 2>once when you buy the house, and you can fold

1664
01:41:42.880 --> 01:41:45.319
<v Speaker 2>it into the thirty year mortgage, or you can pay

1665
01:41:45.439 --> 01:41:47.479
<v Speaker 2>like one percent a year for seven years and you're

1666
01:41:47.520 --> 01:41:50.680
<v Speaker 2>done and no more taxes, and you freeze it that way.

1667
01:41:50.720 --> 01:41:53.079
<v Speaker 2>Because it's a real issue for all of us as

1668
01:41:53.079 --> 01:41:55.760
<v Speaker 2>we get to retirement, you know, how you know, maybe

1669
01:41:55.880 --> 01:41:58.159
<v Speaker 2>you start to get your mortgage paid off after thirty years,

1670
01:41:58.199 --> 01:42:00.960
<v Speaker 2>but you still can't get rid of the sales taxes. Something.

1671
01:42:00.960 --> 01:42:02.720
<v Speaker 2>People really need to take a look at it. I

1672
01:42:02.720 --> 01:42:06.119
<v Speaker 2>think it is a real injustice story. This thing is

1673
01:42:06.159 --> 01:42:08.239
<v Speaker 2>set up and it needs to be changed.

1674
01:42:08.439 --> 01:42:11.560
<v Speaker 3>Yeah, we have General mcguffin says, the minds are captured

1675
01:42:11.640 --> 01:42:15.720
<v Speaker 3>and public consciousness is fabricated in the public government schools

1676
01:42:16.399 --> 01:42:17.520
<v Speaker 3>well oiled machine.

1677
01:42:17.800 --> 01:42:20.079
<v Speaker 2>Yeah, that's right, that's where it begins. As a matter

1678
01:42:20.119 --> 01:42:24.159
<v Speaker 2>of fact, the UN is on a crusade to shut

1679
01:42:24.159 --> 01:42:27.159
<v Speaker 2>down homeschooling course everywhere, but especially now in the UK.

1680
01:42:27.479 --> 01:42:29.760
<v Speaker 2>I was actually surprised that it was allowed in the

1681
01:42:29.840 --> 01:42:34.239
<v Speaker 2>UK because UK has gotten to be very controlling, very authoritarian.

1682
01:42:34.319 --> 01:42:37.239
<v Speaker 2>I was surprised to see that homeschooling is even allowed there.

1683
01:42:37.239 --> 01:42:39.439
<v Speaker 2>But the UN has got its own designs on that.

1684
01:42:39.720 --> 01:42:42.800
<v Speaker 2>And we'll talk about that when we come back after

1685
01:42:42.840 --> 01:42:45.199
<v Speaker 2>the break, because I want to talk about one thing

1686
01:42:45.279 --> 01:42:47.479
<v Speaker 2>that Trump did that I think is really good. He's

1687
01:42:47.520 --> 01:42:51.119
<v Speaker 2>getting us out of a lot of these international organizations,

1688
01:42:51.319 --> 01:42:55.039
<v Speaker 2>and UNESCO is one of those. And these people have

1689
01:42:55.039 --> 01:42:57.760
<v Speaker 2>been pushing the UN Convention on the Rights of the

1690
01:42:57.840 --> 01:43:00.800
<v Speaker 2>Child for quite some time. I've played the videos I

1691
01:43:00.840 --> 01:43:03.880
<v Speaker 2>did see when was I was that like two thousand

1692
01:43:03.880 --> 01:43:05.680
<v Speaker 2>and six, two thousand and seven or something. That's been

1693
01:43:05.680 --> 01:43:06.640
<v Speaker 2>almost twenty years.

1694
01:43:06.520 --> 01:43:07.960
<v Speaker 3>Now, it's in that time frame.

1695
01:43:08.399 --> 01:43:12.640
<v Speaker 2>Yeah, And there's an organization that Michael Ferris, who did

1696
01:43:12.680 --> 01:43:16.960
<v Speaker 2>Homeschool Legal Defense Association also had Theprinal Rights dot Org

1697
01:43:17.039 --> 01:43:19.239
<v Speaker 2>where they were trying to get a short just a

1698
01:43:19.279 --> 01:43:24.199
<v Speaker 2>couple of sentences there in the Constitution to firm up

1699
01:43:24.399 --> 01:43:27.640
<v Speaker 2>the right of parents to educate their own children. That

1700
01:43:27.800 --> 01:43:30.680
<v Speaker 2>is just basic, and yet it is despised by the

1701
01:43:30.760 --> 01:43:34.079
<v Speaker 2>UN because they understand how viotlal it is for them

1702
01:43:34.119 --> 01:43:38.520
<v Speaker 2>to control children's minds from an early age. Yeah.

1703
01:43:38.560 --> 01:43:41.319
<v Speaker 3>And finally we have Wally Wallrice. He says they have

1704
01:43:41.439 --> 01:43:44.439
<v Speaker 3>essentially locked people like me out of the housing market.

1705
01:43:44.520 --> 01:43:49.279
<v Speaker 2>David, I'm sorry, Yeah, it is difficult, and we've seen this.

1706
01:43:49.560 --> 01:43:52.039
<v Speaker 2>I remember seeing this in the UK. They were talking

1707
01:43:52.039 --> 01:43:55.000
<v Speaker 2>about how people who didn't get in a few years

1708
01:43:55.000 --> 01:43:58.479
<v Speaker 2>ago now with all the rapid increase in prices as

1709
01:43:58.479 --> 01:44:00.760
<v Speaker 2>well as interest rates, it is very difficult to break

1710
01:44:00.760 --> 01:44:02.760
<v Speaker 2>in the housing market if you're not already in it.

1711
01:44:03.359 --> 01:44:06.279
<v Speaker 2>And again, you know, the kinds of things that Trump

1712
01:44:06.359 --> 01:44:09.039
<v Speaker 2>is talking about are not going to help. They really aren't.

1713
01:44:09.079 --> 01:44:11.439
<v Speaker 2>They're going to ignore the fundamental problems that have made

1714
01:44:11.439 --> 01:44:15.600
<v Speaker 2>it unaffordable for people, and so I really I'm sorry

1715
01:44:15.600 --> 01:44:17.640
<v Speaker 2>that you're in that situation. We're going to take a

1716
01:44:17.720 --> 01:44:19.239
<v Speaker 2>quick break, folks. When we come back, we are going

1717
01:44:19.319 --> 01:44:21.880
<v Speaker 2>to talk about some of these organizations and hopefully we

1718
01:44:22.000 --> 01:44:26.279
<v Speaker 2>will really get out. We'll be right back. Let's grab

1719
01:44:26.319 --> 01:45:22.760
<v Speaker 2>some music here, you're listening to the Dated Night Show. Well,

1720
01:45:22.800 --> 01:45:25.039
<v Speaker 2>when we talk about central planning in the economy, nothing

1721
01:45:25.079 --> 01:45:28.239
<v Speaker 2>says that the folly of it better than what we've

1722
01:45:28.239 --> 01:45:30.479
<v Speaker 2>seen with all the green grifting that is out there.

1723
01:45:30.479 --> 01:45:33.840
<v Speaker 2>Here's another example. You know, we just had Ford take

1724
01:45:33.920 --> 01:45:37.720
<v Speaker 2>a nineteen billion dollar right down. I mean, they could

1725
01:45:37.760 --> 01:45:39.640
<v Speaker 2>have had a couple of fill reserve buildings for that

1726
01:45:41.800 --> 01:45:46.760
<v Speaker 2>nineteen billion dollars. Off of their electric stuff that they're doing.

1727
01:45:47.560 --> 01:45:53.159
<v Speaker 2>They had investments in electric vehicles as well as battery facilities. Unfortunately,

1728
01:45:54.199 --> 01:45:57.840
<v Speaker 2>Ford is now going to be repurposing this battery facility

1729
01:45:59.159 --> 01:46:02.479
<v Speaker 2>into one of these facilities that makes the really, really

1730
01:46:02.520 --> 01:46:06.079
<v Speaker 2>big and dangerous lithium batteries, the ones they call the

1731
01:46:06.159 --> 01:46:11.760
<v Speaker 2>battery energy storage systems. Right, Bess and Best is the

1732
01:46:11.840 --> 01:46:13.960
<v Speaker 2>worst way to go forward with all this stuff, and

1733
01:46:14.000 --> 01:46:18.079
<v Speaker 2>you think about all of the issues of electric battery

1734
01:46:18.159 --> 01:46:22.079
<v Speaker 2>fires that we've had. When you look at that and

1735
01:46:22.359 --> 01:46:24.880
<v Speaker 2>you scale this up to something's big enough to back

1736
01:46:25.000 --> 01:46:29.159
<v Speaker 2>up the grid, that is just a disaster waiting to happen.

1737
01:46:29.279 --> 01:46:32.119
<v Speaker 2>So I hate to see that happening. But GM is

1738
01:46:32.199 --> 01:46:35.000
<v Speaker 2>now taking a six billion dollar charge, just a couple

1739
01:46:35.039 --> 01:46:38.159
<v Speaker 2>of weeks after Forward took a nineteen billion dollar charge

1740
01:46:38.600 --> 01:46:42.600
<v Speaker 2>because they were following the government's push, not what the

1741
01:46:42.640 --> 01:46:46.920
<v Speaker 2>consumer wanted, and eventually reality catches up to people.

1742
01:46:47.000 --> 01:46:50.000
<v Speaker 3>Sorry, just briefly, but when we're talking about the best,

1743
01:46:50.439 --> 01:46:52.720
<v Speaker 3>they're trying to put them in places, you know, small

1744
01:46:52.760 --> 01:46:56.439
<v Speaker 3>towns around America. Yeah, so they'll give you some kind

1745
01:46:56.479 --> 01:46:59.119
<v Speaker 3>of credit for it. They'll probably give you like, oh, look,

1746
01:46:59.159 --> 01:47:00.880
<v Speaker 3>this will benefit the unity. We're going to give you

1747
01:47:00.920 --> 01:47:03.079
<v Speaker 3>a handout. Are they going to be there when this

1748
01:47:03.119 --> 01:47:08.960
<v Speaker 3>thing eventually catches fire and dumps chemicals all into your environment?

1749
01:47:09.439 --> 01:47:09.640
<v Speaker 2>Yeah?

1750
01:47:09.680 --> 01:47:12.399
<v Speaker 3>Remember, you're probably going to pay for that out of pocket.

1751
01:47:12.680 --> 01:47:15.279
<v Speaker 2>That's right. We've had these things typically put in remote

1752
01:47:15.279 --> 01:47:17.319
<v Speaker 2>areas or something, but now they're talking to the TVA

1753
01:47:17.760 --> 01:47:20.359
<v Speaker 2>around here, the Tennessee Valley Authority wants to put them

1754
01:47:20.560 --> 01:47:23.560
<v Speaker 2>in areas that are heavily wooded, have a large population

1755
01:47:23.640 --> 01:47:27.319
<v Speaker 2>of houses nearby. It's a disaster waiting to happen. And

1756
01:47:27.359 --> 01:47:28.800
<v Speaker 2>you know, it's one of the other things we're talking about,

1757
01:47:28.800 --> 01:47:31.760
<v Speaker 2>gold and silver, the industrial uses of silver. People have

1758
01:47:31.840 --> 01:47:34.319
<v Speaker 2>mentioned that many of just in case you're not aware

1759
01:47:34.319 --> 01:47:36.600
<v Speaker 2>of it. You know, the Samsung battery that is there,

1760
01:47:36.680 --> 01:47:40.159
<v Speaker 2>it sells at a premium because for a car, it's

1761
01:47:40.199 --> 01:47:43.239
<v Speaker 2>got a couple of pounds of silver in it, and

1762
01:47:43.279 --> 01:47:46.720
<v Speaker 2>this particular battery. But their battery is solid state and

1763
01:47:46.800 --> 01:47:50.439
<v Speaker 2>apparently doesn't have the from what I've heard anyway that

1764
01:47:50.520 --> 01:47:52.600
<v Speaker 2>of course that could be pr from the company, but

1765
01:47:53.079 --> 01:47:56.560
<v Speaker 2>it appears to be a way to get around this

1766
01:47:56.680 --> 01:47:59.399
<v Speaker 2>volatility that we see and these lithium batteries that have

1767
01:48:00.079 --> 01:48:03.119
<v Speaker 2>some kind of liquid lithium in them. I'm not really

1768
01:48:03.119 --> 01:48:05.319
<v Speaker 2>i don't know anything about the batteries at all, but

1769
01:48:05.640 --> 01:48:08.479
<v Speaker 2>what they're saying is that they charge much much, much

1770
01:48:08.520 --> 01:48:11.079
<v Speaker 2>faster than any of these other batteries, and I'm talking

1771
01:48:11.119 --> 01:48:13.880
<v Speaker 2>about orders of magnitude faster. That they don't have the

1772
01:48:13.880 --> 01:48:17.880
<v Speaker 2>fire issue, and that they have a battery life that

1773
01:48:18.199 --> 01:48:20.439
<v Speaker 2>is well, they have longer range, they have a shorter

1774
01:48:20.600 --> 01:48:24.680
<v Speaker 2>charging time, and then doesn't have the fire hazard that

1775
01:48:24.680 --> 01:48:27.399
<v Speaker 2>the lithium batteries do, and it has a life that

1776
01:48:27.439 --> 01:48:30.239
<v Speaker 2>they claim is twice as long as the lithium batteries.

1777
01:48:30.640 --> 01:48:34.079
<v Speaker 2>All of that is good except and of course all

1778
01:48:34.119 --> 01:48:37.119
<v Speaker 2>of that is going to really be a squeeze on

1779
01:48:37.199 --> 01:48:41.760
<v Speaker 2>the price of silver. So another interesting thing to think

1780
01:48:41.800 --> 01:48:46.439
<v Speaker 2>about here. Meanwhile, as GM is pulling back from this folly,

1781
01:48:47.199 --> 01:48:49.680
<v Speaker 2>they announced that they're following forwards much larger move in

1782
01:48:49.680 --> 01:48:52.920
<v Speaker 2>December that when they wrote down nearly twenty billion, and

1783
01:48:52.960 --> 01:48:57.880
<v Speaker 2>it's nineteen and a half billion, canceling several different EV programs.

1784
01:48:57.880 --> 01:49:02.399
<v Speaker 2>I remember that all this when GM and Ford go bankrupt.

1785
01:49:03.199 --> 01:49:06.720
<v Speaker 2>Remember the German companies are already seeing the handwriting on

1786
01:49:06.760 --> 01:49:10.039
<v Speaker 2>the wall because they all jumped into the electric vehicle.

1787
01:49:10.039 --> 01:49:14.319
<v Speaker 2>The think they're pushed into it. And it's always the

1788
01:49:14.359 --> 01:49:16.800
<v Speaker 2>case with Central Planning because some of the people like

1789
01:49:16.840 --> 01:49:18.720
<v Speaker 2>Elon Musk, who are in there from the beginning, and

1790
01:49:18.760 --> 01:49:23.680
<v Speaker 2>they're making out like bandits because they're pushing this idiotic

1791
01:49:24.239 --> 01:49:26.760
<v Speaker 2>program that's there. And of course GM's got a CEO,

1792
01:49:27.439 --> 01:49:31.279
<v Speaker 2>Mary Bearra, who has not been serving them well. They

1793
01:49:31.359 --> 01:49:35.159
<v Speaker 2>decided they were going to focus primarily on fully electric vehicles,

1794
01:49:35.760 --> 01:49:39.239
<v Speaker 2>not even with hybrids, and hybrids are selling, but the

1795
01:49:39.399 --> 01:49:42.520
<v Speaker 2>full EV vehicles are not selling at all. And a

1796
01:49:42.560 --> 01:49:45.600
<v Speaker 2>big part of this is the fact that the government

1797
01:49:45.760 --> 01:49:49.359
<v Speaker 2>ended the seventy five hundred dollars federal EV tax credit. Again,

1798
01:49:50.000 --> 01:49:53.079
<v Speaker 2>consumers knew this didn't make any sense unless it was

1799
01:49:53.119 --> 01:49:57.560
<v Speaker 2>heavily subsidized by taxpayers, and so now they ended the subsidy,

1800
01:49:57.600 --> 01:50:02.680
<v Speaker 2>and so now that is a real drain for these companies.

1801
01:50:03.000 --> 01:50:07.399
<v Speaker 2>Trump has withdrawn the US now from sixty six international organizations,

1802
01:50:08.000 --> 01:50:10.000
<v Speaker 2>and I agree with this. I think this is a

1803
01:50:10.039 --> 01:50:13.800
<v Speaker 2>good thing. If we can only withdraw from the federal government,

1804
01:50:13.800 --> 01:50:17.479
<v Speaker 2>that'd be even better. On Wednesday last week, he said,

1805
01:50:17.479 --> 01:50:20.880
<v Speaker 2>we're drawing the United States from international organizations, conventions, and

1806
01:50:20.960 --> 01:50:24.760
<v Speaker 2>treaties that are contrary to the interests of the United States.

1807
01:50:24.760 --> 01:50:29.279
<v Speaker 2>So what does this actually include. The affected international organizations

1808
01:50:29.319 --> 01:50:34.720
<v Speaker 2>are thirty one entities affiliated with the UN. Unfortunately, we're

1809
01:50:34.760 --> 01:50:39.800
<v Speaker 2>not getting out of the UN itself. And Trump will

1810
01:50:39.840 --> 01:50:42.960
<v Speaker 2>still attend Davos as well. As a matter of fact,

1811
01:50:43.000 --> 01:50:45.560
<v Speaker 2>He's going to be there and Lensky's going to be there,

1812
01:50:46.199 --> 01:50:48.439
<v Speaker 2>and it's like the next week or so. It's always

1813
01:50:48.439 --> 01:50:52.800
<v Speaker 2>in January, and so Davos is coming up. I don't

1814
01:50:52.840 --> 01:50:55.600
<v Speaker 2>really believe for all these reasons, we're going to stay

1815
01:50:55.600 --> 01:50:57.560
<v Speaker 2>in the UN, we're going to and he keeps going

1816
01:50:57.560 --> 01:51:00.479
<v Speaker 2>to Davos. I don't buy the idea that he's an

1817
01:51:00.520 --> 01:51:05.000
<v Speaker 2>anti globalist. Frankly, it certainly is not anti technocracy. And

1818
01:51:05.000 --> 01:51:08.119
<v Speaker 2>there's a lot of overlap between those agendas there. And

1819
01:51:08.439 --> 01:51:12.680
<v Speaker 2>look at the last time he was at Davos. Right

1820
01:51:12.760 --> 01:51:16.119
<v Speaker 2>after he comes back, you know, we get the decoration

1821
01:51:16.279 --> 01:51:20.399
<v Speaker 2>from his HHS pharmaceutical executive that he put in there.

1822
01:51:20.439 --> 01:51:23.640
<v Speaker 2>Alex'z Aar declared that we had a pandemic, even though

1823
01:51:23.640 --> 01:51:26.239
<v Speaker 2>they only claimed that there were six cases in all

1824
01:51:26.439 --> 01:51:29.359
<v Speaker 2>of the United States. He declared a pandemic nevertheless, and

1825
01:51:29.399 --> 01:51:32.279
<v Speaker 2>it kicked off all that nonsense right after Trump came

1826
01:51:32.319 --> 01:51:37.039
<v Speaker 2>back from Davos. The memo actually follows up from an

1827
01:51:37.079 --> 01:51:41.880
<v Speaker 2>executive order that Trump signed February fourth last year to

1828
01:51:41.920 --> 01:51:45.520
<v Speaker 2>withdraw the US from the UN Human Rights Council and

1829
01:51:45.680 --> 01:51:51.159
<v Speaker 2>from UNESCO and from the environmental fraud of the IPCC

1830
01:51:51.640 --> 01:51:54.319
<v Speaker 2>that was there. The State Department announced that the US

1831
01:51:54.399 --> 01:51:57.319
<v Speaker 2>is also withdrawing from UNESCO. And again, these are the

1832
01:51:57.359 --> 01:52:00.600
<v Speaker 2>people in the UN that are pushing the education agenda,

1833
01:52:00.680 --> 01:52:05.439
<v Speaker 2>pushing to attack homeschools and that type of thing. On

1834
01:52:05.479 --> 01:52:08.039
<v Speaker 2>Trump's first day back in office, he signed executive orders

1835
01:52:08.079 --> 01:52:11.600
<v Speaker 2>with drawing the US from the World Health Organization and

1836
01:52:11.720 --> 01:52:16.359
<v Speaker 2>the Paris Climate Agreement. Although it took a while for

1837
01:52:16.399 --> 01:52:18.600
<v Speaker 2>these things to go into a fact, I've said for

1838
01:52:18.640 --> 01:52:21.920
<v Speaker 2>the longest time that the Paris Climate Agreement was not

1839
01:52:21.960 --> 01:52:24.319
<v Speaker 2>a legitimate treaty. I know they've got a pre varication.

1840
01:52:24.920 --> 01:52:28.119
<v Speaker 2>They want to try to make a case that because

1841
01:52:28.119 --> 01:52:31.359
<v Speaker 2>of prior treaties were pulled into this thing. I think

1842
01:52:31.359 --> 01:52:33.159
<v Speaker 2>you could fight that. I mean, look at how many

1843
01:52:33.159 --> 01:52:37.079
<v Speaker 2>times Trump has gone against the black letter of the

1844
01:52:37.119 --> 01:52:40.560
<v Speaker 2>Constitution and the law, done what he wanted to do,

1845
01:52:40.880 --> 01:52:43.680
<v Speaker 2>and then you know, take it to court. Sometimes win,

1846
01:52:43.800 --> 01:52:45.520
<v Speaker 2>sometimes you lose. But I think there was a much

1847
01:52:45.520 --> 01:52:49.079
<v Speaker 2>better case to be made for getting out of the

1848
01:52:49.119 --> 01:52:52.439
<v Speaker 2>Paris Climate Accord to say that we were never even

1849
01:52:52.640 --> 01:52:56.520
<v Speaker 2>in it. Nevertheless, in July twenty twenty five, Rubio and

1850
01:52:57.439 --> 01:53:02.159
<v Speaker 2>HHS Secretary RFK. Junior announced that the US formally rejected

1851
01:53:02.199 --> 01:53:06.479
<v Speaker 2>the who's twenty twenty four amendments to the International Health Regulations,

1852
01:53:06.479 --> 01:53:09.119
<v Speaker 2>insuring that there would be no force, no effect in

1853
01:53:09.159 --> 01:53:13.760
<v Speaker 2>the country and again this is something that we've followed them.

1854
01:53:13.840 --> 01:53:17.079
<v Speaker 2>I'm trying to remember the guy who has really been

1855
01:53:17.119 --> 01:53:18.960
<v Speaker 2>the point man on this. I've interviewed him a couple

1856
01:53:18.960 --> 01:53:21.880
<v Speaker 2>of times. His name is escaping me. Maybe you remember it, Travis,

1857
01:53:22.319 --> 01:53:27.079
<v Speaker 2>But he has been on this all over the details

1858
01:53:27.119 --> 01:53:30.159
<v Speaker 2>of this and the devils are in the detail, and

1859
01:53:30.560 --> 01:53:37.640
<v Speaker 2>so the IHR as well as the Pandemic Treaty. It's

1860
01:53:37.800 --> 01:53:39.880
<v Speaker 2>very very good that we are not in this thing.

1861
01:53:39.920 --> 01:53:43.079
<v Speaker 2>So that's a big win right there. Trump administration actions

1862
01:53:43.079 --> 01:53:47.479
<v Speaker 2>including pausing funding for the World Trade Organization, forcing the

1863
01:53:47.560 --> 01:53:53.920
<v Speaker 2>UN's International Maritime Organization to pause a global tax on shipping.

1864
01:53:53.960 --> 01:53:55.880
<v Speaker 2>Why should we have to pay a global tax? To UN?

1865
01:53:55.920 --> 01:53:57.920
<v Speaker 2>What are they going to do with the money. They're

1866
01:53:57.960 --> 01:53:59.760
<v Speaker 2>going to create a global army? What are they going

1867
01:53:59.800 --> 01:54:04.520
<v Speaker 2>to do again? First time formally denouncing the UN's twenty

1868
01:54:04.600 --> 01:54:09.720
<v Speaker 2>thirty agenda Agenda for Sustainable Development. So those are all

1869
01:54:09.800 --> 01:54:13.000
<v Speaker 2>good things. I will hope that thanks. Yes, you're right,

1870
01:54:13.079 --> 01:54:16.439
<v Speaker 2>thank you very much. Apologies to James for forgetting his name.

1871
01:54:16.560 --> 01:54:18.880
<v Speaker 2>I just plead my age.

1872
01:54:19.439 --> 01:54:22.039
<v Speaker 3>That is thanks to Cliffy Kim in the chat.

1873
01:54:22.720 --> 01:54:28.000
<v Speaker 2>Yes, thank you. Yeah, James Orguski has really investigated this thing.

1874
01:54:28.039 --> 01:54:30.239
<v Speaker 2>He was taking the lead on all this and in

1875
01:54:30.279 --> 01:54:33.520
<v Speaker 2>the details, and so hopefully I don't know if his

1876
01:54:33.600 --> 01:54:35.000
<v Speaker 2>take is that this is for real or not, but

1877
01:54:35.000 --> 01:54:36.680
<v Speaker 2>hopefully it is for real. I mean, it's hard to

1878
01:54:36.680 --> 01:54:39.520
<v Speaker 2>tell when we have any of these pronouncements if they

1879
01:54:39.560 --> 01:54:41.800
<v Speaker 2>are actually real or what's going to happen with them,

1880
01:54:41.800 --> 01:54:43.560
<v Speaker 2>But hopefully that is going to be real, that we

1881
01:54:43.600 --> 01:54:49.359
<v Speaker 2>will not be affected by any of that. Despite these actions,

1882
01:54:49.359 --> 01:54:53.800
<v Speaker 2>Trump has also expressed support for strengthened UN. For example,

1883
01:54:53.800 --> 01:54:57.520
<v Speaker 2>an address to the UN General Assembly September This last September,

1884
01:54:58.039 --> 01:55:01.840
<v Speaker 2>he implied support for more powerful UN systems, declaring that

1885
01:55:01.840 --> 01:55:07.239
<v Speaker 2>the globalist body has such tremendous potential. He said. All

1886
01:55:07.279 --> 01:55:09.720
<v Speaker 2>they seem to do, however, is write really strongly worded

1887
01:55:09.840 --> 01:55:12.720
<v Speaker 2>letters and then never follow up that letter. The empty

1888
01:55:12.720 --> 01:55:16.800
<v Speaker 2>words and empty words don't solve wars, he said. And

1889
01:55:16.840 --> 01:55:19.279
<v Speaker 2>I guess evidently they don't have any way to stop

1890
01:55:19.319 --> 01:55:22.560
<v Speaker 2>him from starting these wars, do they? Maybe they take

1891
01:55:22.600 --> 01:55:25.079
<v Speaker 2>that global shipping tax and use it to create a

1892
01:55:25.159 --> 01:55:28.119
<v Speaker 2>UN army with that would be a good thing. He's

1893
01:55:28.119 --> 01:55:33.039
<v Speaker 2>also repeatedly expressed support for NATO, which is a subsidiary

1894
01:55:33.159 --> 01:55:36.000
<v Speaker 2>of the UN as the New American points out, including

1895
01:55:36.079 --> 01:55:38.800
<v Speaker 2>for Article five, which obliges the US to go to

1896
01:55:38.880 --> 01:55:43.159
<v Speaker 2>war if another NATO member is attacked. And again when

1897
01:55:43.159 --> 01:55:47.279
<v Speaker 2>we talk about war with Russia and Ukraine, Zelensky, this

1898
01:55:47.319 --> 01:55:49.520
<v Speaker 2>little horn who wants to try to drag US into

1899
01:55:49.520 --> 01:55:54.000
<v Speaker 2>World War three by whatever means he can, by hook

1900
01:55:54.079 --> 01:55:56.399
<v Speaker 2>or by crook. The idea that we're going to put

1901
01:55:56.399 --> 01:55:58.199
<v Speaker 2>boots on the ground, that we're going to guarantee their

1902
01:55:58.239 --> 01:56:02.560
<v Speaker 2>security for whatever the number of years is, fifteen years,

1903
01:56:02.720 --> 01:56:06.560
<v Speaker 2>fifty years, whatever they are negotiating, I wouldn't want to

1904
01:56:06.560 --> 01:56:09.600
<v Speaker 2>secure I wouldn't want to guarantee their security for fifteen minutes.

1905
01:56:10.199 --> 01:56:16.640
<v Speaker 2>Quite frankly, but just remember when Trump told MAGA that

1906
01:56:16.680 --> 01:56:19.840
<v Speaker 2>he was going to get out of NATO. I think

1907
01:56:19.880 --> 01:56:24.439
<v Speaker 2>that was really just a way to get NATO countries

1908
01:56:24.479 --> 01:56:27.920
<v Speaker 2>to buy more US weapons. He was complaining, for the

1909
01:56:27.920 --> 01:56:29.359
<v Speaker 2>most part, Yeah, we need to get out. You guys

1910
01:56:29.399 --> 01:56:33.199
<v Speaker 2>aren't even spending two percent of your budget, your military budget,

1911
01:56:34.199 --> 01:56:36.199
<v Speaker 2>of your GDP, you're not even spending two percent, So

1912
01:56:36.239 --> 01:56:37.640
<v Speaker 2>you need to get that up. And they got it up,

1913
01:56:37.680 --> 01:56:39.800
<v Speaker 2>and then what do you wind up with. They do

1914
01:56:39.880 --> 01:56:42.079
<v Speaker 2>a military build up so they can go into Ukraine

1915
01:56:42.119 --> 01:56:46.359
<v Speaker 2>and start World War three. Good job. So legislation has

1916
01:56:46.359 --> 01:56:49.000
<v Speaker 2>already been introduced in Congress to get the US out

1917
01:56:49.079 --> 01:56:53.560
<v Speaker 2>of the entire UN system. It's called the Disengaging Entirely

1918
01:56:53.840 --> 01:56:58.399
<v Speaker 2>from the UN Debacle. The acronym for that is defund.

1919
01:57:00.079 --> 01:57:03.319
<v Speaker 2>That is sponsored by Chip Roy and Senator Mike Lee.

1920
01:57:04.439 --> 01:57:08.079
<v Speaker 2>If an acted, the Defund Act would fully withdraw the

1921
01:57:08.159 --> 01:57:12.399
<v Speaker 2>US from all UN entities, completely defund the UN, and

1922
01:57:12.479 --> 01:57:17.720
<v Speaker 2>prevent the US president from unilaterally rejoining it. And then

1923
01:57:17.800 --> 01:57:22.079
<v Speaker 2>there's the WHO Withdrawal Act, sponsored by Andy Biggs, that

1924
01:57:22.159 --> 01:57:25.600
<v Speaker 2>would codify Trump's order withdrawing the US from the WHO,

1925
01:57:26.399 --> 01:57:29.439
<v Speaker 2>so to go from an executive order to an actual law.

1926
01:57:30.840 --> 01:57:34.680
<v Speaker 2>Tom Tiffany would withdraw the US from the World Trade Organization.

1927
01:57:35.520 --> 01:57:42.560
<v Speaker 2>And Thomas Massey and Senator Lee have introduced the NATO

1928
01:57:42.720 --> 01:57:50.560
<v Speaker 2>Act and NATO not a trusted organization. It's the best

1929
01:57:50.600 --> 01:57:53.960
<v Speaker 2>acronym for NATO FC and that would withdraw the US

1930
01:57:54.039 --> 01:57:58.960
<v Speaker 2>from NATO completely. By the way, you could have, I guess,

1931
01:57:59.079 --> 01:58:00.840
<v Speaker 2>come up with a name for the act that would

1932
01:58:00.880 --> 01:58:03.560
<v Speaker 2>spell out Gladio to me. I think Gladio makes one

1933
01:58:03.560 --> 01:58:07.159
<v Speaker 2>of the best cases for US getting out of the UN.

1934
01:58:07.199 --> 01:58:10.199
<v Speaker 2>Operation Gladio and then finally before we run out of time.

1935
01:58:10.199 --> 01:58:12.960
<v Speaker 2>I thought it was kind of interesting. Eric von Danigan,

1936
01:58:13.640 --> 01:58:16.920
<v Speaker 2>the guy who made a fortune with Chariots of the

1937
01:58:16.920 --> 01:58:20.680
<v Speaker 2>God back in nineteen sixty eight, has died at ninety

1938
01:58:21.279 --> 01:58:23.920
<v Speaker 2>And it's kind of interesting because this guy was a

1939
01:58:24.079 --> 01:58:29.520
<v Speaker 2>Swiss hotelier and of all places, Davos, and even as

1940
01:58:29.720 --> 01:58:33.600
<v Speaker 2>his motivation in writing Chariots of God was because he

1941
01:58:33.720 --> 01:58:36.960
<v Speaker 2>had a problem with God. He wanted to disprove God,

1942
01:58:37.640 --> 01:58:41.119
<v Speaker 2>so he wrote this book. He had a real issue

1943
01:58:41.119 --> 01:58:43.039
<v Speaker 2>with God. He also had a real issue with crime.

1944
01:58:43.439 --> 01:58:46.880
<v Speaker 2>He was serving time in jail. As a matter of fact,

1945
01:58:47.159 --> 01:58:51.680
<v Speaker 2>he was in jail when Chariots of the Gods became

1946
01:58:51.880 --> 01:58:55.359
<v Speaker 2>a best seller. And he was always in trouble with

1947
01:58:55.439 --> 01:59:00.359
<v Speaker 2>the law, and he was always a fraudster. He was

1948
01:59:00.399 --> 01:59:04.800
<v Speaker 2>actually even when confronted with his fabricated evidence in a

1949
01:59:04.840 --> 01:59:09.000
<v Speaker 2>British TV documentary, and the evidence was supposedly what he said,

1950
01:59:09.039 --> 01:59:12.239
<v Speaker 2>ancient pots that he thought had come to us from

1951
01:59:12.319 --> 01:59:17.159
<v Speaker 2>aliens far beyond, turned out that they were actually almost

1952
01:59:17.239 --> 01:59:19.600
<v Speaker 2>new pots, and he just dismissed that, said, well, it

1953
01:59:19.640 --> 01:59:22.479
<v Speaker 2>doesn't change my theory at all. He was actually given

1954
01:59:22.520 --> 01:59:26.640
<v Speaker 2>the ig Noble Prize for Literature. He was the first

1955
01:59:26.640 --> 01:59:30.119
<v Speaker 2>recipient of it in nineteen ninety one, something that they

1956
01:59:30.159 --> 01:59:36.359
<v Speaker 2>hand out to people who sell false narratives. So anyway,

1957
01:59:36.439 --> 01:59:40.479
<v Speaker 2>that's where a lot of this alien lore has come from.

1958
01:59:40.560 --> 01:59:43.319
<v Speaker 2>Is somebody like that. Have a good day. Thank you

1959
01:59:43.359 --> 01:59:59.800
<v Speaker 2>for joining us the common man. They created common Core,

1960
02:00:00.199 --> 02:00:03.359
<v Speaker 2>dumb down our children. They create a common past, track

1961
02:00:03.439 --> 02:00:06.960
<v Speaker 2>and control us. Their Commons project to make sure the

1962
02:00:07.000 --> 02:00:13.159
<v Speaker 2>commoners own nothing and the communist future. They see the

1963
02:00:13.199 --> 02:00:18.159
<v Speaker 2>common man as simple, unsophisticated ordinary. But each of us

1964
02:00:18.239 --> 02:00:21.760
<v Speaker 2>has worth and dignity created in the image of God.

1965
02:00:24.000 --> 02:00:26.560
<v Speaker 2>That is what we have in common. That is what

1966
02:00:26.600 --> 02:00:32.720
<v Speaker 2>they want to take away. Their most powerful weapons are isolation, deception, intimidation.

1967
02:00:33.560 --> 02:00:36.680
<v Speaker 2>They desire to know everything about us, while they hide

1968
02:00:36.720 --> 02:00:40.880
<v Speaker 2>everything from us. It's time to turn that around and

1969
02:00:41.000 --> 02:00:45.159
<v Speaker 2>expose what they want to hide. Please share the information

1970
02:00:45.239 --> 02:00:48.920
<v Speaker 2>and links you'll find at the Davidnightshow dot com. Thank

1971
02:00:48.960 --> 02:00:57.119
<v Speaker 2>you for listening, Thank you for sharing. If you can't

1972
02:00:57.119 --> 02:01:00.439
<v Speaker 2>support us financially, please keep us in your prayers. D

1973
02:01:00.640 --> 02:01:25.279
<v Speaker 2>Davidnightshow dot com.