Blaze Media made a spectacular claim about the infamous DNC pipe bomb case dating back to January 6. But did they get the right person, or is "gait analysis" an imperfect way to identify someone? Julie Kelly helps the team break it down. Plus, Ryan Girdusky weighs in on the 50-year mortgage debate, whether Trump has pursued enough economic populism, and why the Republicans should feel good about New Jersey despite last week's setback. Watch every episode ad-free on members.charliekirk.com! Get new merch at charliekirkstore.com!Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
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All right, welcome back to the Charlie Kirk Show.
I'm Andrew Colvett, executive producer of this show.
Hour two is kicking off now.
We have a great guest for this.
It's going to help make sense of the insanity of shutdowns and so much more.
And that is Ryan James Gurduski.
He's the host of a numbers game podcast, and he is also in charge of 1776 Project PAC.
Ryan James Gurdesky, welcome to the show.
Thank you for having me on, Andrew.
Yeah, great to see you.
We also have Blake Neff here.
I want to open this up to a larger conversation, but let's start with this shutdown fight.
I mean, this is okay.
So there was a vote last night, and then all hell breaks loose in the Democrat caucus.
They're freaking out because they feel like they had all this momentum in New Jersey, Virginia.
And I want to get into New Jersey.
You have a contrarian take on New Jersey that I want the audience to hear about.
But so they think they've got the momentum.
So why concede any points?
Why give in?
Why open the government back up?
Which just strikes me as highly, highly cynical on a thousand different levels.
What are you making of this?
Make sense of it for our audience, please.
Well, I think in part they didn't want to do this before the elections, right?
I think that they wanted to keep the government shut down before the elections.
I think that it helped juice their voter base for sure.
Then I think that also when it comes to why did they go along with this shutdown is because people are really suffering.
I mean, it is, I mean, the fights were being canceled.
People do need, people who are on food stamps do need food stamps.
There were actual, and those are their constituents.
Those are their voter base.
So why wouldn't they do something for their voter base?
And I think they got the vote on health care they're going to get.
Who knows how it's going to go?
It's a promissory vote.
But then they have to refund the government again in January.
So it's not like it's like a, you know, they lost the fight for a million years.
They get the fight again in two months.
And I think that they'll get the health care vote and then they'll have the conversation.
But ultimately, a large portion of the Senate Democrats are centrists, I guess is what they're insight.
They're not part of the far left, which is why you see the far left on social media crying all day today.
Yeah, I mean, it strikes me, though, is that there was essentially a calculation by a lot of these far left members of the caucus, even in the media.
And you see this, Sonny Hostin is basically saying, hey, we want Schumer out.
He's out.
We want to replace Schumer.
So you're essentially, it feels almost like they're snatching defeat from the jaws of victory here because they were winning the messaging war.
They had convinced a large percentage of at least their electorate, but maybe some squishy middles, that we were just wanting to starve little kids and take health care away from Americans.
They were sort of winning on that.
And now they're freak out over reopening the government because they were never going to have the votes, Ryan.
They were never going to get there.
The caucus, the Republican caucus was staying firm on these ACA subsidies.
So essentially they were doing it for optics.
But it's like the point is the most cynical reaction to it.
And I think their reaction is giving Trump and the Republicans the upper hand here.
Well, go back to when the shutdown starts.
What was the number one story going on in the political media?
AOC potentially to challenge Schumer.
And he needed to seem like he was a fighter.
This is what the fight was over.
It was over Schumer's political career and Schumer's political future.
And I think that was a big part of it.
I think Schumer really, and that's why Schumer voted against it.
Schumer would never usually vote against a government spending bill.
He usually always votes for this.
It's to show that Schumer is still tough and Schumer should not be primaried.
And they're all going to come after him.
Rokan has already come after him.
As you said, Sonny Haassen, there's other people on the left saying Schumer has to go.
And I think that that's really the tragedy of Schumer's life.
He's been his entire life trying to get to this point.
And the most I think he ever had is 51 Democratic senators to really do nothing with.
Yeah, it is.
All right.
So let's go back to this 50-year mortgage debate and kind of this Gen Z economic moonshot idea.
We actually talked about it in our one.
And I mean, we got inundated by emails across generations about what they thought of it.
I'll be honest, I think, Blake, you would agree.
It was more positive than we were expecting.
People are actually a little bit more positive on this idea, at least in our audience, than what you would see on Twitter X discussion.
Blake, I don't know if you— I was definitely expecting more negativity on it.
And then I got a lot of people who said they liked the idea.
Yeah, they basically are seeing in a very pragmatic way how people could use this, use it to get into the market in the first place, and then refinance or use it to trade up to a home.
So people are seeing flexibility.
They're seeing opportunity, being pragmatists about it.
Our original take this morning was that it reeks of debt slavery.
It's not addressing the underlying root causes.
It's just sort of like covering over them, papering over them.
Ryan James, Girdowski, make sense of that for us.
What's your take?
Yeah, I kind of agree that it's an entrance to the marketplace.
I don't hate it because it's not like you have to do it, right?
You're not forced to say that you could still do a 30-year loan.
It's not like they're getting rid of the 30-year loan.
And I think for a lot of people is that try to get in for lower rates and then readjust over time.
But the American public is extremely fickle.
We want solutions to take care of itself within six months.
I mean, it's almost like we almost have like a sitcom show brain.
Like the whole episode has to have a happy ending within 28 minutes.
Otherwise, we don't really want to be part of it.
So we would like a very short-term answer to this.
And the problem is the root cause of our economy, the real stressors of it right now for everyday people, it's been happening for at least the five years, at least since COVID.
A lot of these problems have been taking place.
If you want to talk about the deficit and talk about other things, it's going on way longer, right?
Trading balances, way, way longer.
But right now, the insustainability of life for working class people, and especially for Gen Z, has been going on for five years.
You can't fix the whole thing in the nine months that Trump has been president, right?
And I know at times it doesn't seem like he's been paying attention to it because he's been out there on high-profile things, the wars in the Middle East and trying to solve Ukraine and other stuff.
But I think that given what is the problem, right, for the everyday life, it's a question of how do I make it better in the immediate?
And that's a good answer.
It's a band-aid.
It's not the full solution, but I don't hate it.
All right.
So I'm going to say a provocative statement.
And I want both of you to react to it.
I'm not saying I agree with this.
I'm saying this is a critique that has been leveled against this administration.
And I've heard it from both sides, actually.
I had a conversation this morning from somebody on the left that alleged this, which doesn't surprise me, but hearing it over the weekend from the right.
President Trump's economic populism is fake.
Prove me wrong.
Do you guys agree or do you disagree?
Blake, you can go first because Ryan's thinking right now.
I can see him.
I mean, he's definitely done some pretty populist things.
I mean, the tariffs are a populist measure, clearly.
Like, he's done them for a populist objective to bring manufacturing back to America.
And, I mean, even the 50-year mortgage.
This is intended as a populist thing, and it might be more popular.
He's talking about the $2,000 tariff.
The $2,000 tariff.
That I don't like.
That is.
That's not your cup of tea.
It's not my cup of tea.
You'd rather pay down debts.
I'd rather not take it.
And it feels like I almost suspect some of it is he's trying to, you know, maybe politically pressure the Supreme Court because he can be like, well, I'd have to take $2,000 back from everyone if the tariffs get repealed.
And it's also just, we saw during COVID, we had a lot of stimulus payments during COVID, and it just drove an inflationary spike.
Get me those stimmies.
Yeah, the stimmies.
Give me those stimmies.
It's like, you know, it's sort of like, oh, give me one more hit of okay or something.
It's in the end, we are addicted to cheap money.
And the trip for that is not more cheap money.
But coming down from that, this is what the hard point of a lot of populism is: it is painful to make good economic decisions.
Long term, it is very healthy.
But especially because of how addicted America's gotten to our current pattern, it will be hard to break that pattern, and possibly even politically impossible.
And that's really tough.
Ryan James, good ass.
I think that it has been a mixed bag, right?
American right, the American right is obsessed with free market capitalism, and so he's sticking to things like the tax cuts on the wealthy.
That I don't think, I think if he would have gotten rid of those, that it would have been much more populist.
But I think that at the same exact time, he has done, he has, he's in arguably done populist things.
I think that's, I think it's a mixed bag.
It's hard to sit there and say he's only done one and only done the other.
He has to work within a Congress.
He has to work within the Senate.
I know that I went to Capitol Hill right before the tax cut votes were coming up and I said, here's a poll that I've done with some very smart people.
Least popular thing were tax cuts for millionaires.
Most popular thing, no tax on Social Security, no tax on tips.
They really did not like that answer.
So I think that given- I can say that again, Ryan.
What was the problem?
The most popular thing was no tax on tips, no tax on Social Security.
Overwhelmingly by voters.
Least popular tax cuts for millionaires.
I brought that to the Republicans in Congress in the committee, and they were not really feeling that information.
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Ryan, real quick, give us your coordinates here.
Where can people follow you?
Find the work that you're doing.
Yeah, you can find my Twitter at Ryan Gurdowski.
I have a website, RyanGerduski.com, where you can get my great newsletter.
I have a podcast on the iHeartRadio app, an ever-week podcast called The Numbers Game.
And I have a PAC for education called the 1776 Project Pack.
And we have a foundation called the 1776 Project Foundation.
What are you doing at the PAC there?
Just so people.
We invest in school board elections.
So we did about 80 school board elections last week.
We didn't do a great night, but we still won 27 of them.
And then the foundation gets involved with those school boards to sit there and say, how do we improve reading levels?
How do we get involved with discipline?
How do we get rid of some critical race theory in your classrooms?
How do we celebrate America's?
Yeah, stuff like that.
So super important.
And it involves a lot.
I was reading just over the weekend about someone in a really conservative part of the country, but they just said the school board is like all kind of just libs because people don't pay attention to it.
And it was like one guy blocking all the insane race communism and he lost re-election.
Oh, geez.
So that school board is now screwed again.
So actually, this is all by an endorsement.
Yeah, exactly.
So check out Ryan's stuff.
He's doing great work.
And I read your National Populist sub-stack all the time, your newsletter.
I appreciate it.
Yeah, absolutely.
And by the way, which is why we actually had you on here, is you had a contrarian take on New Jersey.
It all ties in because Dems were playing the shutdown to juice up their base voters, especially, and it was smart because this is an off-year election.
Our turnout, we have low-prop voters, they have high-prop voters.
So you juice it.
This is why we saw some of these margins increase over 2021 years.
You say there's a glass half-full interpretation of what we saw in New Jersey specifically.
I'm sure you could extrapolate that out, but what is your take?
Yeah, so unlike Virginia, where Winston Sears really didn't run a very good race, Chittorelli did run a very good race.
He got 200,000 more votes, sorry, 122,000 more votes than he did last time.
That being said, he would have won any election in New Jersey's history since 1973, except for the one last week, because turnout increased by more than 50%.
But when you look at the very bare bones metrics of where New Jersey is going, it's undeniably going in favor of Republicans.
And I'll point this out.
In the first year of the Trump administration in 2017, Democrats out-registered new voters in New Jersey, 12,500 to Republicans.
Sorry, Republicans registered about 12,500.
Democrats raised about 45,000.
There was an immense blowback from Trump's, when Trump first got in, tens of thousands of new Democrats coming out of the woodwork, hundreds of thousands of new Democrats over the course of the four years.
In the first year of this year, that all begins to reverse when Biden became president, by the way.
In the first year of this year, Democrats lost 8,600 voters in the first 10 months of this year, while Republicans gained 21,000 new voters, right?
An unparalleled trajectory, completely different than when Trump first became president.
That shows that where the direction, where the trajectory of Jersey is going is undeniable, even though we had an election loss, even though independents swung against us this one time, people would much rather be a Republican than a Democrat.
And there's a point of clarity in New Jersey that the Democratic Party really isn't working there.
Now, we've heard a lot about like the Latino vote, right?
The Latino vote swung heavily.
When you look at how the Latino vote compared, voted in 2025 versus 2021 and 2017, they're still way more to the right than they were in 2017, right?
They haven't lost all this huge support that we're going for Republicans.
In some places, it's a double-digit increase.
When you look at Republican versus Democrat increase in the raw vote, Republicans in many cities, they like Passaic, there was more raw vote increase towards Republicans over the last eight years than there were towards Democrats.
And actually, when the liberals are like, oh, it's all immigration, when you look at what voters are talking about, it was cost of living because you know what group swung even harder against Republicans than Latinos in this last election from compared to 2021?
It was non-college-educated whites.
Non-college-educated whites actually had a bigger swing because it's about affordability and they are feeling it in the pocketbook.
So it wasn't an immigration thing.
It's not a Trump thing.
It's just, it's a mixture of high propensity turnout from Democrats and anger over the economy.
So would you say that, and by the way, I'm glad you brought up Latinos because one of the things Blake and I have talked a lot about is these new maps out of Texas.
A lot of that is contingent on Hispanics staying in the Republican column.
You could overengineer those maps and find yourself in a worse position theoretically.
So I hope so.
Yeah, hope.
Are you seeing that trend continue?
Is it accelerating?
What's happened with Latinos?
And I know I'm talking about Texas and New Jersey.
It's probably two different things, but we got 30 seconds.
Yeah, well, there was a poll by UNATOS, which is not a great polling firm.
They're pretty liberal.
However, they polled Latinos and they said, what are your five biggest issues?
Four were related to the economy, cost of living, healthcare, housing.
And the fifth one was gun violence.
Immigration does not make the top five.
And when you look at where they project Hispanics to go versus where they went, it's about maybe a five-point swing in the direction of Democrats, but it's not overwhelming and it's not pre-2020 to swing towards Republicans 2020.
Do you think that holds for Texas too, real quick?
Yes, I don't.
Okay.
Good.
All right.
Sahanos are more to the right than the Latinos are.
Ryan James Gerdowski, great work, my friend.
Thank you for making the time today.
I know you had to move some stuff around.
Thank you so much.
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Now it's your turn to help protect yours.
Julie Kelly is with us, the great Julie Kelly.
Welcome back to the show, Julie.
I think this is the first time we've had you since all of everything went down.
So welcome back.
It's been too long.
It has been, Andrew.
Thank you so much for having me on.
And I know we're going to talk about some issues that were near and dear to Charlie's heart and that he and I discussed several times over the last few years.
So thanks so much for having me on.
Yeah, absolutely.
And, you know, we talked about this over the weekend and it's true.
I mean, I think about all the times we had Darren Beatty on and you on talking about who did this?
Like, you know, it's if you think back on the stakes of the J6 pipe bomber, I mean, if we're to believe what we're told is like Kamal Harris almost got, you know, murdered.
And then like nobody in the government seemed to care.
So it is a very, very weird.
We heard so much about January 6th, and yet so rarely would they mention like, oh, the attempted assassination of the vice president or like this terrorist bombing is at the center of it.
So there was some news this weekend.
Julie, I'm, I, I, I approach it with, with fear and trembling because there's a lot of moving pieces here and a lot of allegations being thrown around.
So, please set the stage.
Tell our audience what happened this weekend, and then we'll get into whether we should believe it or not.
So, first of all, as you guys know, and Charlie knows that I have been covering the pipe bomb, January 6th pipe bomb issue really since the summer of 2021.
And no one did more work on this really than Darren Beatty at Revolver News.
He's now in the administration.
I really miss him at times like this because he always pegged and he exposed so many strange circumstances with both the DNC, that is where the pipe bomb was found outside of the headquarters of the Democratic National Committee at about 1:05 on the afternoon of January 6, 2021.
You could see police officer vehicles right there, including one belonging to the U.S. Secret Service, because to your point, we also uncovered the fact that strangely, Kamala Harris, who was a sitting U.S. Senator at the time, she was going to be part of the proceedings that day.
Also, historic incoming vice president, for inexplicable reasons, went to the DNC headquarters at around 11:25 that morning.
She was there when this really dummy device was found outside just to the right of where that black SUV is.
And then also, we've covered the equally strange circumstances about the discovery of the device outside of the Republican National Committee headquarters.
That was detected at about 12:40 p.m., 20 minutes before that joint session of Congress convened.
So, anyway, we've been exposing all of this, Kamala Harris's presence, the law enforcement ties of the woman who discovered the RNC pipe bomb.
I found the video that showed bomb-sniffing canine units, not once, but twice, right near the DNC device.
So, look, few people want to know the identity of the person or people who set those devices.
But what we saw happen over the weekend was a, and there is, um, you could see law enforcement after the alleged device was found.
And as you guys know, it was right in between those two benches under that bush.
Um, so at any rate, few people want to know the identity more than I do, or Darren Beatty, or the people who've really done so much work on this.
But over the weekend, a really bombshell, sorry for the pun, story on the blaze claiming that a gate analysis had determined the identity of an individual who had similar walking patterns as this individual here, seen on surveillance video the night of January 5th, which is when the FBI thinks that both of those devices were planted.
So, this has been, yes, I'm not going to say everything, but she was a Capitol Police officer on January 6th.
She was using non-lethal munitions against the crowd, firing pepper balls into the crowd, as many Capitol Police officers were doing.
And apparently, looking at that video, Steve Baker, who's one of the reporters on this story, thought that her walking patterns mirrored the one on the individual on January 5th, who still has not been identified.
And the so-called gate analysis, apparently, some software determined that the match was around 94% certainty.
So I have a lot of skepticism about that story.
We can talk about it.
But this, as you know, you guys, this took over the internet over the weekend and is still getting a lot of coverage and attention.
There's other circumstantial evidence they claim, right?
Like she did leave the Capitol Police shortly after.
Like they're offering other, certainly not, it's certainly not proof 100% by itself, but they do have more than just gate analysis, literally just AI analyzing how they walk, I guess.
Yeah, well, and it is interesting to note that she did leave the Capitol Police like pretty shortly thereafter.
And it's like she left and there's like a lot of quiet, like they claim, you know, it's all very quiet.
Yeah, but I'm not like, I'm not in a position, and Julia, I'd love your feedback on this.
I'm not in a position where I even want to name the person because, you know, if allegations like this are wrong, it's deeply unfair to the person being named and having their reputation, you know, sullied basically for, you know, we're not sure, right?
We're not sure.
But it is a giant mystery.
And I think there's two sort of stories under going on here at the same time.
One is this analysis that Steve Baker did, gate analysis, walking, which is walking analysis, but it's also one of those stories that keeps coming back around because it is so mysterious why it wasn't made the hugest story, you know, during January 6th.
It should have been at least a top two or top three story that the vice president was almost, you know, murdered along with the RNC.
There was one at the RNC as well.
And some of it, it just doesn't make any sense because it's this glaring kind of outlier and we can't make sense of it.
But we all know that there was funny business going on on J6, and this would be a linchpin in the unraveling this narrative that I believe has been sold to us that doesn't make any sense.
There's just too much wrong with it.
So what is how reliable?
Yeah, how reliable are we to take this analysis?
I think it needs to be met with a very heavy dose of skepticism.
And I will explain why.
But first, I want to clarify my position.
Number one, I do not believe and have never believed that those devices were set the night of January 5th.
Because to believe that, you have to believe that neither device was, that both devices went undetected for 17 hours, and which seems particularly unlikely in the case of the DNC device, where not only, again, there were two bomb-sniffing canine units who were right there, you had law enforcement from the Secret Service, Metro Police, Capitol Police, who were right outside of the DNC headquarters numerous times.
And again, that device wasn't really obscured.
It was right between those two benches.
Not to mention pedestrians and other dogs and people just walking back and forth.
Very strange that that would have sat there for 17 hours undetected.
The RNC device, also very sketchy, the woman with law enforcement ties.
Now, she told the FBI that there was no way that that device, that the device was not planted before noon on January 6th.
She said it had to have been planted between noon and 1240 on January 6th because she went to that area at noon and didn't see the device there.
Now, she is kind of a sketchy story.
I've reported on her.
I've got a couple.
Right.
So that is where the DNC device you could see right there allegedly was sitting there for 17 hours and no one spotted it.
There's also some video that indicates that maybe there was a plain clothes police officer who could have set it there around 1253, 1255 on January 6th.
So I've never doubted that this was an inside job.
This was a hoax.
It was a stunt.
And that law enforcement was probably tied to that.
So I want to say that very clearly.
The problem with this report is: number one, this analysis and investigation took place in a matter of two weeks.
That means that they identified this Capitol police officer, thought that her walking pattern matched the individual on January 5th.
They put some sort of video samples together.
In the report, in this article on the Blaze, they said that they did not use the FBI video.
They used a different sample that was of better quality and speed it up to a normal speed.
So we don't even know what the video clip was.
Then they also used a video clip of this individual playing soccer.
She was a college soccer star and then played, I think, like professional soccer.
So they have, they use that as a gate analysis.
But Julie, you're saying in order to believe this report, you would have to believe that the pipe bomb was planted on January 5th.
And you're saying that's not even what you think is true because it would have had to sit there for 17 hours.
Did they address that in their reporting, Julie, Steve Baker?
They have not.
Okay.
But I do want to make clear, Andrew, this is what the FBI believes as well.
They just did another update on that too.
They just did an update on that as well.
The problem with this article, the public should be able to see the video samples that they use for the gate analysis.
And we also should be able to see a copy of the analysis they call forensic evidence.
So when you're not including those links or that evidence or material in your article, it definitely should raise questions about the veracity of it.
Furthermore, people who are asking questions, and I think these are legit, legit are being attacked.
So I'm not really sure what that is about.
This could kind of be simply solved by just giving everyone the evidence that they used to determine this was a suspect.
Yeah.
Please check out Julie's Twitter.
It's the super important Twitter follower, X follower and her sub-sect.
Julie, thank you for making the time for us today.
I really appreciate it.
Thanks, guys.
Talk to you soon.
If you're a listener to the Charlie Kirk Show, you know that Charlie built an amazing community through conversation.
And that was online.
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It was everywhere.
We're able to go very viral about what we're able to do on TikTok.
Billions and billions of views.
But it was one connection at a time.
TikTok offers opportunities for respectful exchanges of ideas.
And through that, opportunities for community, not to talk over each other, but to talk with each other.
On TikTok, you'll find creators who teach and encourage a carpenter passing on his craft, a mom explaining how to make a budget stretch, or a gardener showing us how to bring a backyard back to life.
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That's what makes a strong community, a common desire to connect, to find a way forward through respectful dialogue, building trust and feeling heard.
Freedom to speak what we know and hear each other out.
That's the power of TikTok.
It gives everyone a seat at the table, a place to speak, to listen, and to remind each other of what connection really looks like.
Conversation build connection and connections build communities.
We are still getting blown up by emails here.
No pun with the pipe bomb story, but we're still getting a lot of your emails about the 50-year mortgage.
Colleen is worried that we're being swayed by the email from emails from you guys that seem a little bit more positive than we anticipated.
Don't worry, Colleen.
I still don't think it's a great idea.
I still think it papers over the issue.
I will say that it could be a tool.
It could be a useful tool for people to get in the market.
You still get to write off your mortgage.
I think you could make it even better, candidly.
And I want to highlight this Lomez tweet.
Yeah, go for it.
So Lomez says, and this is image 98 if you want to throw it up.
He says, back of the napkin proposal for MAGA home buying policy.
Foreign nationals purchase something like 2% of American homes every year, mostly in luxury areas and much of it in cash.
This should come with a steep tax.
Such a tax is common elsewhere.
Canada, et cetera, has a non-resident acquisition tax.
Use that tax to offset interest payments for first-time native-born homebuyers.
States can add additional property tax rebates for first-time homebuyers born in their state.
Married couples buying for their first home should also receive additional interest rate discount.
I love all the creativity.
Some of these probably have negative side effects that we haven't fully fleshed out.
But when you say, oh, you're married, you would probably get marriage fraud at that point.
You already have plenty of that.
Right, exactly.
I mean, Ilhan Omar would be a first example.
But no, I mean, you know, incentivizing good behavior, though, and then disincentivizing foreigners, straight up banning institutional money from being able to purchase these homes.
Private equity is another area of debate.
You just have to think, like, what is our goal here?
And it's as Charlie pointed out, the goal is to create an ownership society where people feel they have a stake in it.
And that might mean we need to arrange things with mortgages where it's not an endlessly growing investment vehicle.
So, Blake, we have just so many emails.
We wanted to make more time in the show to get through them.
Go ahead.
Oh, yeah, yeah.
Also, I want to apologize because someone said they went to the same high school as BoysTwo Men, and I am too much of a young person, unlike our older co-hosts.
So I thought Boys Two Men was like a 90s movie.
It is a band.
It is a band I have never listened to.
Motown Philly, baby.
Motown Philly.
Yeah, not this is.
This is beyond my ken.
I just want to apologize on that before I get dunked on massively by everyone.
Here.
Oh, do you have one?
Because I got one that defends you.
Yeah.
Well, I got, we have one where M. Roberts says, you guys are insane.
Boomer here.
You guys are insane advising young listeners that a 50-year mortgage is any kind of solution, and you should be ashamed of yourselves.
I don't believe it.
I've been quite skeptical of it.
We are extremely skeptical.
My idea is to build 10 million new homes, deport illegals, lower illegal immigration, which is going to take some doing, lower the regulatory burden to build new homes, and then play with other financial incentives, like writing off your entire mortgage up until the age of 35, prioritizing first-time homebuyers, banning institutional money, banning foreign investors, or as Lomez suggested, maybe put a tax on that because they are buyers.
I mean, people want to sell their homes.
They want to make more money.
I get the incentive there.
By the way, Williams says, guys, Blake was right about not giving the money away like the crazy, stupid money blown by Biden, which spiked inflation and has stayed up because of the budget deficit.
The tariff money could be put in a sovereign wealth fund, and when it gets to a trillion, start to draw from it monthly for government expenses instead of borrowing that amount from the Fed.
Matt, the sad thing is, is that that's something we could have easily done decades ago.
And that's what Norway, for example, Norway has done that.
Norway has a sovereign wealth fund from their oil business.
And they're a country of five, six million people, and it's in the trillions of dollars.
So it's actually a quite large amount of money per Norwegian citizen.
And America could have, now we're broke, but America had a long run where we were a very rich country that could have been pumping resources into that.
And the sad thing is, I've read about that.
Remember when Bush wanted to privatize Social Security in about 2005?
And of course, it went nowhere.
Everyone was like, oh, don't let Wall Street get its hands on my Social Security.
If we'd done that, it would have been insanely, spectacularly successful given what the stock market has done since 2005.
Oh, yeah.
Would have just massively problem with Social Security we have now.
I think it's a main reserve fund that they're trying to build.
I don't that feel.
I would be very worried of that.
I mean, it's like, okay, if you want to have it as a thing, I wouldn't have like as a thing.
of this stuff is a silver bullet it would just i would worry that that would basically just be it would feel like a giveaway to people who already have bitcoin to me And it's this hugely volatile asset.
It's very volatile.
It's volatile.
But it's probably going to go to a massive.
And it's an asset that gets hacked and stuff.
Yeah, I mean, like, I would like to hope that the good people, but maybe that's hoping for too much competency.
Can you imagine if our sovereign wealth fund got hacked?
You can put them in cold storage and things like that.
There's ways you can address that.
Can you guys help us say, this is from Steve, the difference in approximate 30 to 50 mortgage payment?
It will be lower.
The payment would be lower.
Yeah, but the overall cost of the loan would be much higher.
It would be about looking at its when I, you know, the AI generated summary when I just asked for a plug-in difference.
It said if you took a $500,000 loan at a 6.22% interest rate, you would pay 87% more total interest.
Instead of $600,000 in interest, it'd be $1.1 million in interest.
What would the monthly payment be?
Do you think that's a good thing?
It doesn't say here.
Yeah, it will be much lower.
I will tell you, the first home I bought was probably against the rules.
Dave Ramsey would have been so mad at me, but I made out like a bandit on it.
I did an interest-only loan on a home I otherwise couldn't afford, sold it after two and a half years, and we did well with it because we bought in a really good neighborhood.
So some of this stuff is like, you know, there's a general rule of thumb and then there's reality, you know?
I'm not saying I was in the majority, but it worked.
