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April 1, 2025 - The David Knight Show
03:01:29
Tue Episode #1981: Tariff Chaos, Gold Frenzy, Speech Gestapo and “Transphobic” Toddlers
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As the clock strikes 13, it's the first of April, April Fool's Day.
Year of our Lord 2025.
Well, are you going to be fooled by the largest tax increase ever?
As Peter Navarro even goes beyond Trump.
And says it's going to be a larger tax increase than Trump said.
Then he comes back and goes, but it's really a tax cut.
So we're going to talk about the logic of that, and we're also going to have a guest who has written a book in praise of tariffs and the necessity for it.
He calls it, ReShore.
The subtitle is, How Tariffs Will Bring Our Jobs Home and Revive the American Dream.
So we're going to talk to him about that.
And we're also going to begin with the pardons.
More pardons from Trump for various people.
Kind of interesting to see this happen.
At the same time, gold exploded yesterday.
Well over $3,100.
People are running to it for safety.
Unfortunately, they're also buying it as an ETF, as a token.
And the token coins and the stable coins are going through the roof.
And we'll talk about why that is a dangerous thing for the economy as well.
We'll be right back.
We'll be right back.
Well, I want to begin by thanking everybody for their kind generosity yesterday.
It truly was amazing to see everybody chip in.
We had a matching funds from Mary Ellen Moore and I just wanted to Quickly read the names of people who are on Zelle, and we had a tremendous response from Zelle, and I'm sorry, but the very first name on here, the last person to contribute, it was the first name at the top of the list, I lost because I deleted that page by accident.
But somebody who contributed $10, I don't have your name here, so I apologize.
I'll get that later.
But I wanted to thank William Daniel W., Rogelio J., Michael L and hang on I have to get on different pages here Felicia H Scott L J H Kenneth C Ronald H Michelle V Paula C Michael P Bobby P Kimberly C Charles M Julie W Wayne H
Gregory N Susan F Susan L, Brian P, Charles Dupre, Robert A, Kevin M, Lisa K, Janice W, Austin, and I like Austin's little note here, he said, the little squire is adorable.
Travis's son.
Meraldo P. and I know that's a long list and it is a long list and it really amazed us and I'm sorry to start this out like it's some kind of an NPR fundraiser.
It's not like what I want to do but we would be remiss if we did not thank people.
And on Cash App we also have Anthony R., Dave B., and Ryan who has contributed.
He contributed the coins.
And he contributed yesterday on Rumble in two different ways.
He bought subscriptions and he contributed on Rumble.
He contributed on Cash App.
And he even bought merchandise.
And so thank you so much for your kind support.
All of you.
And it really has been humbling to see that.
And I would...
it would be wrong for us to not recognize that at the beginning of the program.
Let's talk, however, though, about news.
And nobody really knows What the taxes are going to be tomorrow, but we do know it's going to be a day of liberation.
And as I've been saying, you know, liberate your wallet from your possession.
Because I think it's going to be a massive tax increase.
So does Peter Navarro, but now he's spinning it as a tax cut.
He says, well, yeah, we're going to raise all this money in taxes, but he goes, that's going to help to pay for making the tax cuts, the income tax cuts permanent.
2017 tax cuts permanent.
So, let me get this straight, then the income tax is going to remain, right?
We keep seeing these people spend this.
Oh yeah, it's going to be the tariffs, it's another tax, but don't worry, the income tax is going right.
They keep telling you it's not going away.
How many different ways can they tell you that the income tax is going to stay?
This is an additional tax.
And we're going to tax our way to prosperity.
Well, we're going to have a guest later in the show who's going to make his case for why we should have tariffs.
And he's written a book about it, and I've read a good part of the book, not all of it, but it'll be an interesting discussion.
So, as we're going to be liberated tomorrow, and we're going to have these wonderful taxes that are going to make us so prosperous, maybe we can get some more regulations, too.
I mean, isn't that right?
I mean, whatever happened to the understanding that the power to tax is the power to destroy?
So the question is going to be, What's going to be destroyed?
And who is going to destroy it?
And for whose benefit it's going to be destroyed?
See, that's the real issue with the tariffs.
It's always, there's the stench of central planning about it, isn't there?
As to who's going to be the winners and who's going to be losers, and nobody knows.
And one of the biggest losing issues of this is the chaos and the uncertainty.
And I believe that that is deliberate.
I really do believe that that is deliberate.
Trump is pushing senior advisors to go bigger on tariff policy.
So who's setting the policy?
The people in the White House say, we don't know what's going to happen.
Nobody's responsible for this except Trump.
Then other people say, well, Trump is pushing his advisors to go bigger.
So they're telling him what he can or cannot do, or he's telling them what they can or cannot do.
It's total chaos and confusion.
Within the White House, as well as on stock markets and other things like that, that's one of the reasons why gold is going up so high.
You know, when things get crazy, people want to get real.
You want to grab something that has been around for millennia as value you want to grab something that you can physically hold That isn't some ephemeral thing that exists somehow on the internet at a distance hopefully like these tokens You know when you look at these tokens What they're doing, they say, well, it makes everything so easy to trade and they can change value very quickly.
So, oh, well, maybe that's good if you're a day trader, but if you're an ordinary person, that's not a good thing.
Volatility is not good for us.
Volatility is good for them.
Unless you're going to sit there and gamble and then you're going to sit there like Scrooge McDuck reading the ticker tape thing all the time and making a quick trade.
And even then you're not going to beat these people.
Who have computers, who have AI, who have, you know, they're going to have wind up having AI agents.
It'll be interesting to see when or if or how the SEC will try to regulate AI agents.
Do you know what those are?
That's going to be the big wave of AI.
You could, one good example of a company is about to release this stuff and they've already released it to some people who have done some test cases.
And an obvious situation is a real estate agent.
And so in one of these cases, they told the AI agent, they said, well, OK, we want to move to this area.
Here's our income.
Here are some of our requirements.
We have kids in school and this and that.
And we need this much square footage, if possible, any special needs like that.
And this thing goes out and basically gives instantly gives them a report.
Way beyond what a real estate agent would do another use case was well I've got a room and I've got some furniture, but there's some open areas here And I'm not really sure how to arrange the furniture or what other suggestions you might make for these other areas Here are my goals.
I would like to have some storage over here Seating for this many I got a television over here And it ranges the room for you gives you several different possibilities and not only that but gives you for each of the pieces It gives you links to several different places where you could buy several alternatives for each of those.
Just like that.
And so it's going to be kind of interesting to see what happens when these stock traders who are heavily involved in algorithmic trading, quants as they call them sometimes, when they start to use AI agents to do the trading.
It's going to be AI agents talking to other AI agents.
You talk about volatility and stuff.
We can crash all the markets in record time.
Yeah, they're going to go really fast when they start talking to each other.
All these different AI agents.
What other language will they use?
Anyway, speaking in binary.
So my point being, I got off on that rabbit trail.
Because I was talking about how they're saying, well, people are rushing to tokenize real assets.
Be careful about that.
I gotta say, I'm not telling you what to do with your money.
I'm saying that I'm not going to tokenize anything that I can avoid tokenizing because it makes it accessible to thieves around the world and governments.
I know I'm being redundant here.
Governments and thieves, but it also, uh, It makes it extremely volatile.
And volatility is not a good thing.
And it is surprising, even though gold has not, I wouldn't call it volatile, it's been responding, it's been going up because of the chaos, because of the volatility, because of the uncertainty, because of things like these tariffs.
Wall Street and Capitol Hill have urged the White House to have a cautionary approach.
Trump has continued, in a conciliatory approach, continued to press for aggressive measures to transform the U.S. economy.
Transform it to what?
How about we have a discussion on that?
How about we talk about that?
I mean, was this really what people voted for?
Who voted for him?
Interesting to have that discussion.
Did they vote for Panama, Greenland, and Canada to be brought in, so we can get 53 states.
Anyway, Trump commutes the sentence of Jason Galanis, and this is the second Hunter Biden business partner, quote-unquote.
We put business in air quotes here.
The second one to receive clemency.
Now, this is arguably because he testified to House Republican investigators We're looking into the dirty dealings of the Bidens, and there's a lot to see there.
It's a target-rich environment.
But the other person who was just given a pardon was Devin Archer.
And so this guy, Jason Galanis, had been given a prison sentence for defrauding an American Indian tribe.
And, uh, he was, um, but he's not going to be immediately released instead of serving 14 years.
And it was pretty significant what he did to them.
He pled guilty to $60 million scheme to sell bogus tribal bonds.
And he was sentenced to 189 months in prison in September of 2020.
Maybe he could find a place in the Trump administration.
If it's going to sell bogus bonds, I mean, this is the kind of guy that, uh, Lucky Lutnik would love to have on his staff there at Commerce.
I'm sure there's a place for him.
House Republicans heard testimony from Golanis while behind bars last year after he revealed a 2014 conversation with then president, vice president Joe Biden, who had this conversation with his son and the former mayor of Moscow.
Joe Biden said, you be good to my boy.
Good old boy network.
Yeah. But.
Of cronyism, nepotism, corruption.
He said that to the ex-Moscow mayor, Yuri Luzkov, and his wife, who was an oligarch, Yelena Baturina.
Who is not a ballerina, I don't think.
She's an oligarch.
She had two months earlier transferred three and a half million dollars to a firm controlled by Hunter Biden and his business partner, Devin Archer.
Uh, who was also involved in the tribal bond scheme and who also got a full pardon from Trump last week.
Both Galantis and Archer indicted in 2016 for selling phony bonds with Archer, receiving a conviction two years later and only getting a one year prison sentence.
This guy got 14 years and he's now been, uh, released immediately.
At the time of the sales, Hunter Biden was serving as vice chairman of Burnham Financial group.
It's amazing how talented and diverse were the skills of Hunter Biden.
He knew about banking.
He knew about energy.
He's just an expert on so many things.
Art, you know, I mean, just all over the place.
I think he's got a lot of experience with pharmaceuticals as well, but he's evidently worth every penny that they pay him.
So Hunter Biden was getting a salary of $200,000 according to testimony.
Email was found on the former first son's abandoned laptop, but of course he's been given a full pardon.
Now, the interesting thing about this is that this guy who was pardoned by Trump now, again, they had talked to House Republicans who are investigating the corruption of the Bidens, but it seems a lot like what happened with the Clintons.
You know, you had these secret deals and technology transfers and skull and dagger corruption, Johnny Wong and all the rest of it.
And they would give these people, when they would investigate the crimes of the Clintons, they would give these people a plea bargain deal.
Tell us what you know and we won't charge you.
Now, why do you usually do that?
You usually do that because you want to get to the person that's above them, right?
The people that were above them, the Clintons, they didn't do anything.
They just told this guy, we'll give you a plea bargain if you tell us everything that you know and everything that you did.
And he told them everything he knew and everything he did.
And they said, thank you very much.
You're free to go.
And then they did nothing with that information.
That's kind of like what the House Republicans are doing with all this stuff with the Bidens.
Now, as Biden pardoned his son, For virtually everything a broad pardon over a 10-year period Trump had pointed out that Biden did not pardon himself said he made a big mistake Well, it remains to be seen whether or not anything's gonna be done with that.
Perhaps it will we don't know.
We'll have to wait and see Just remember though that this isn't strictly about Letting people go who gave them some information that might be used to come after his political enemies or to clean things up I mean that would be the ultimate thing you want to Trump wants to this to be seen as Revenge and don't cross me.
I'm powerful type of thing What would be good for the country if people were to if you go out of his way to make this?
Look as if he was reforming the system As if people were going to be charged with their crimes as a deterrent to say that we don't care who you are, you're not above the law.
I don't see that happening.
I think that if he does come after Biden or these other people, I think he will go out of his way to make sure that people perceive it as revenge, as a personal vendetta.
But remember, we also, as I pointed out yesterday, the CEO of Nikola, the, uh, The truck company that ran all kinds of fraud, they put their badge on a Ford truck and pass it off as theirs.
They let a truck roll down the hill, coasting down the hill, and said it was under electrical power and all the rest of the stuff.
And these are big trucks, 18 wheelers.
This guy, the CEO, Milton, was convicted, waiting, he was appealing this or whatever.
He was not in jail, but he, Uh, was convicted in 2023 and 2024.
He gave nearly $2 million to Trump and now he's walking free.
Don't understand why that is.
Has he got some information about the Bidens?
Is he going to help with any of that stuff?
No, this is just pay to get out of jail.
And we have, uh, another, some more crony capitalism here.
Pro-Trump billionaire Reed Reznor has made a $47 billion bid to buy TikTok quote for the American people.
It's not for him.
It's for you.
He's going to buy TikTok for you.
I didn't say, well, thank you very much, but I don't want it or need it.
You know, I said when all this, when Trump came out and said, well, I'm adding more tariffs to China and I'll be open to taking those off if they let us buy TikTok.
And I said, what he's going to do is he's going to sell it to one of his friends.
Well, here, now we know the name of the friend who wants to buy TikTok.
And these tariffs that we're told are so important financially, they're so important for America, and yet Trump will get rid of them so that his friend can get TikTok.
And why do we need TikTok?
Well, we're told that TikTok, just like you, we had concerns about 5G.
We didn't want the Chinese to have the 5G circuitry because, you know, they'd listen to everything that we do.
They'd see the big board.
You know, so we can't let them have control of 5G or 6G.
So we're going to keep it under American control.
So that the federal government can see your big board and everything that you do and everything that you control.
And so the question is, if TikTok is so dangerous, why do we want anybody running this thing?
Why do we want people who are connected to the American government or connected to a political party running this stuff?
We don't.
America's first billionaire entrepreneur.
That's the way he is described by Slay News.
Reid Rassner has reportedly made an offer to buy TikTok from China for a whopping $47 billion.
He is a pro-Trump Republican, former Senate candidate.
He ran in 2024 in the primaries, but he lost to another Republican.
He tried to primary another Republican.
He lost in that.
So he's got political aspirations for sure.
He wants to buy the video sharing platform to quote benefit the American people and No word as to whether or not China wants to sell this but now we see the contour of this the tariffs that are so important Vital to America's national security our economic prosperity.
Well, we can let that go if you let my friend by tick-tock.
How about that?
Folks, that's what's really going on here.
And as I said before the problem with tariffs Is that they have the stench of central planning about them, even if done honestly.
They also have the stench of crony capitalism and corruption when it's done to benefit people like Elon Musk.
The Trump administration is prepared to move forward with the offer in an effort to bring in popular short video platform under American control, says Slate News, so that we can be surveilled and propagandized domestically instead of by China.
Isn't it better?
Actually, I'd rather be surveilled by China.
I don't think that China is going to show up in the middle of the night with a SWAT team.
Rassner ran for the U.S. Senate in 2024 in Wyoming, and he did not make it through the primary.
Under his proposed plan, TikTok would allow investment tiers for Americans to buy into the platform as founding members.
So you could start with just $280 a year to become a founding member of American TikTok.
Or you could invest as much as $12,000 per year.
The investments provide perks like boosts to reach.
Oh, okay.
Pay to speak.
There you go.
We should do a money bomb so I can get a verification badge and boosted content on TikTok.
No, we'll not be doing that.
Uh, so you get, uh, the perks or things like, uh, boosting your reach and verification badges to quote the treasure of Sierra Madre.
I don't need no stinking badges.
You could care less about a badge on Tik TOK.
I had somebody who really had their feelings there because I thought that I was not, uh, and I, I mentioned something that they sent me last week because I thought it was very good.
And when I see it.
And, you know, I will put it out there, but he was kind of upset and kind of vaguely accused me of giving short shrift to people that I didn't think were my equal or whatever.
And it's like, look, I don't look at X anymore.
Hardly ever.
Very occasionally, and even to my detriment, I've missed Some really good interviews that I would like to have been a participant in and things like that because I didn't check even Twitter or my private messages for over a week.
So I should do more with that, but I've just I'm fed up with the social media stuff.
And I'm not really big on doing promotions, but definitely, you know, they're not big on doing promotions of me either.
I've been canceled so many different places.
I just.
I don't have any confidence in any of this stuff.
And so I was trying to make it clear that I don't really, it's not like I'm ignoring somebody.
I just don't even bother to look much anymore.
Anyway, how Trump could be president until 2037.
According to a simple loophole in the Constitution.
Now this is something that surfaced over the weekend.
I mentioned it yesterday.
He said to NBC News, he said, well I'd have a third trial.
You're kidding, right?
No, I'm not joking.
There's ways that we can do this and she said oh, so and this is what Daily Mail is talking about a About you know 2029 Inauguration Day I James David Vance do solemnly swear moments later With a knowing smile the new president of the United States declares I resign and his running mate Donald Trump gives him a big bear hug and the crowd cheers and now Donald Trump is president and so the person NBC News had Referred
to this very scenario and he said well, that's one way to do it, but there's other ways to do it wasn't clear what he was Well, there's other ways are but this all hinges on the constitutional amendments language which says that All hinges on elected It says no person shall be elected to the office of president more than twice.
I'm saying well What if somebody else gets elected and hands it to me?
There you go.
And so that's what they're looking at.
And then Daily Mail says, well, you know, maybe he could keep going until 2037, where he'd be 90 years old.
You know, just like Dianne Feinstein.
Or, I'm not Dianne, I'm Feinstein.
Mitch McConnell freezing in office.
Joe Biden, who is not that old, but you know, none of us know when our middle faculties are going to disappear.
None of us know if we're, how long we're going to live, but these people think they're going to live forever.
And, uh, even after they have checked out for all practical purposes, they still want to stay in Washington and still want to stay in power.
And this is, but this is part of what we see with, um, uh, the Trump administration, the love of power.
Well, we're going to take a quick break, and when we come back, I'm going to talk about some of the ways that the border is being enforced.
Some of the nightmare scenarios that are happening there.
Very troubling, and it's also very troubling to see how the police are being used against some of these people whose crimes are writing an op-ed when they're in college.
Seriously, so we're gonna take a quick break folks and we will be right back Making
sense! Common again!
You're listening to The David Knight Show.
The David Knight Show.
Back and we have a comment here.
Can you pull that up, Travis?
DG8, thank you for the tip.
He says, David, the reason they want control of TikTok is to block the exposure of the genocide in Gaza.
God bless you and your family.
I agree and we're going to talk about that.
That is the immediate cause.
But our government and you know, it is a foreign government that is demanding that we censor and we're seeing that rolled out in many many different ways but overall the long-term goal of our government of all these governments is to censor people for whatever it is that they do not Want you saying anything that you do to oppose the government's official line or the foreign government that owns our government's official line but when we talk about what is happening at the border and this kind of Tangentially
is connected to that.
I still have nightmares So some of the tourists who were shackled and jailed for weeks.
I Mentioned this briefly yesterday Lucas Seeloff was in a car queue waiting across in Mexico from Mexico and the US on a border guard seeing his German passport Began bombarding him with questions, you know things like do you have your identity papers, please? We used to that used to be the meme the stereotype Of German Nazis and occupied France and things like that.
But now we have become that.
The 25-year-old tourist who had been traveling with his American fiancee was shackled, taken in for questioning, and then interrogated for hours.
And he spent 16 days in detention before being escorted to an airport and allowed to fly back to Germany earlier this month.
He told the Financial Times, the UK, he said, I still have nightmares about that.
I'm not going back to normal.
Not yet, back to normal.
I'm trying to process everything properly and it's going to take a while.
He had a valid visa waiver entry permit.
He had visited the U.S. several times previously.
He has an American fiancée.
One of a string of high-profile cases of European and Canadian tourists who have suffered hostile treatment by the hands of border guards since Trump's return to the White House.
So even though he's got an American fiancée, perhaps they will not be looking at moving back here.
Others have included Becky Burke, a Welsh backpacker detained for 19 days.
Her parents complained she was taken to the airport for deportation in leg chains, waist chains, and handcuffs.
They said she's not Hannibal Lecter.
What is going on with this?
She was accused of traveling on the wrong visa.
A paperwork error.
Canadian actress Jasmine Mooney Said she felt she'd been kidnapped and forced to take part in some sort of insane psychological social experiment She spent 12 days in detention.
So one of them 16 days another one 13 Let's see one of them 16 days one of them 19 days the Welsh backpacker and Then this actress from Canada 12 days She was trying to renew an expired work visa at a border So Guess this is all because the US is being overrun with dangerous hostile immigrants from Germany Wales and Canada,
right? And they're all bringing in fentanyl as well.
Perhaps they got some cheap car parts.
Who knows?
The apparent shift has prompted several nations to change their travel advice about whether or not it's safe to go to the US Every day I'm getting calls from citizens, visa holders, immigrants, and travelers, said one travel agent.
There's a huge concern out there.
The administration is creating an atmosphere that's very restrictive to immigrants and even to visitors and tourists.
No rules have officially changed for most visitors, they said.
In other words, there's no new laws, no new rules from a bureaucracy, but they have given the border guards discretion.
And they said the rules are being applied differently by different border guards.
Do you like that kind of a system?
I don't.
I don't like the idea that bureaucracies are writing rules because Congress doesn't want to bother passing laws.
And so they write those rules without any oversight.
They're not elected.
They're not accountable.
And then they say, well, because the rules are not laws, you don't have any due process.
You have no presumption of innocence.
You have no protection either against excessive fines.
As a matter of fact, you can be fined without even being found guilty.
Civil asset forfeiture and other things like that.
They call them civil violations when you violate their rules.
And now we take it one step further, because whenever you have a system like that, you usually find that there's a great deal of arbitrary, capricious discretion that is given to the people who are the bureaucrats enforcing it.
And that's what we're seeing here at the border now.
In addition to that, as we talk about the desire to censor what people are saying, we have private groups that are working to identify and report student protesters for possible deportation.
This is like the Stasi.
I've talked many times about the American.
She loved communism.
And so she wanted to go live in East Germany when East Germany was communist.
And she went over there on a student visa.
She met a guy.
They got married.
But the East German police were suspicious of her because she was American.
And after all, I mean, who in their right mind would want to live in East Germany under the communists?
You know, she left America to live here.
Something is wrong, said the police.
And so they were suspicious.
They kept tabs on her all the time.
And she said she was surprised to find out later You know when East Germany fell when they unified with the West and they released some of the Stasi files years later She said she was amazed to find that channel these people she thought were her friends there were Stasi informants and This is What the government is trying to do, but of course this is not being run necessarily by the government It's in cooperation with the government.
This is a Israeli group Kind of, you know, a private group that's going out.
They're using biometric surveillance and their connections to the federal government, which will do whatever they wish, going out.
And so this private group is doing the investigation.
They're fingering people, handing it over to the government.
And, you know, we've seen this before.
We saw this when it was happening.
I remember when we saw censorship on social media.
Same type of thing, actually.
Yeah, they weren't physically arresting you and physically throwing you out of the country, but it was still being done by private groups We had groups that were at universities at Indiana University and the oh so me the Observatory for social media type of thing and that was interestingly run by a guy who was brought over from Italy to run their degenerate Sex Institute the Kinsey Institute there at conservative,
Indiana University, and then they move this guy over to run their social media censorship They would use bots and other tactics and anything to identify people like me and then to send those lists To the social media companies and have them get rid of people And by the way, this was happening during the Trump administration 2018 yes, it was being done by leftists but Trump didn't do anything to stop them.
Nobody in his administration did anything to stop them.
That was 2018 when we had the major purge.
August the 6th, 2018.
Everybody on Infowars getting purged.
Pretty much from everywhere.
I didn't get purged from Twitter.
I got shadow banned after that.
But pretty much everybody else got purged.
Paul Joseph Watson didn't get purged anywhere.
He was on YouTube even.
But the...
Two months later, You had 800 different organizations, most of them opposed to the coups and assassinations and wars of the intelligence agency.
It was not predominantly Trump supporters.
It was people who were opposing all that.
People like the Free Thought Project.
I interviewed them when they got kicked off.
But, you know, first it was Infowars in August and then it was 800 others two months later.
And again, it was private organizations or university organizations that were fingering people for punishment.
When a protester was caught on video in January at a New York rally against Israel, only her eyes were visible between a mask and a headscarf.
But days later, photos of her entire face along with her name and an employer were circulated online.
And so it's a right-wing Jewish group some people have identified with the tool They had a list of names that they submitted to Trump's administration urging that they be deported in accordance with his call for the exclusion of foreign students who participate in pro-jihadist protests.
I've said before that my first understanding of what was going on in Iran under the Shah and what had happened with the CIA was where we had a lot of Iranian students, many of them engineering students at University of South Florida.
And they were protesting, a balaclava was on, and that type of thing.
Same type of deal with this, only the eyes are visible.
I thought, that's really crazy.
Why are they doing that?
I mean, they look like terrorists, you know.
But the real terrorists were the Savak in Iran.
And they were wearing the mask because the Iranian government, friendly to the U.S. government, just like the Israeli government is now.
Had people there trying to get pictures of them.
They didn't have biometric technology at that point in time.
They couldn't do it now.
That technology is not just in the hands of the state.
Of course, this right-wing Jewish group could be a front organization for Mossad or any of that.
We don't know that they're independent.
But we do know that this technology is widely dispersed with a lot of people.
But going back to that, you would have a situation where the Iranian government was friendly to the American government.
As a matter of fact, it was a puppet.
That's the only distinction.
The American government is a puppet of the Israeli government.
Then it was the Iranian government that was a puppet of the American government.
So roles have reversed.
But they would have liked to have known who these people were.
They would have liked to have had them deported.
They would have liked to have arrested their family members and tortured them.
And that's why they were wearing those balaclavas.
Don't we have a right to free speech in this country and if somebody is here legally if they're not here legally, yeah sure Take them out.
That's what they're doing and If they are violent That's a reason to deport them and so forth.
But for speech no No, and the lines are getting kind of blurry on all of this stuff especially the most recent ones because once you start down the path of Well, we're gonna get rid of this person and and you we all know that it's because of what they say it isn't because of violence and other things They may have been involved in that as well,
but it's really about what they have to say Speech is the pen is mightier than the sword And so it's really about what they have to say and as you start down that path it gets easier and easier to deport people for less and less and Just get to the point where we are right now, that you're simply deporting people because of speech.
The push to identify mass protesters using facial recognition turned them in as blurring the line between public law enforcement and private groups.
Just as we've seen the line blurred between our elected representatives and our selected representatives who are bought and paid for by foreign government.
That's what we're seeing here.
And then who traitorously work with that foreign government To shut down our First Amendment rights for the benefit of that foreign government.
We don't know who these individuals are or what they're doing with this information, said one person.
If you have a right on a student visa, if you're here, a right on a student visa causing civil unrest, assaulting people on the streets, chanting for people's death, why did you come to this country?
Said Eliyahu Hawala, a software engineer who built the tool that they said is being used for this.
Well, again, if you're causing civil unrest, the police are there to arrest you.
If you're assaulting people on the streets, that's something that is a crime as well.
But other than that, if it is speech, why are they doing this?
He says, if we want to argue that this is freedom of speech and they can say it, then fine, they can say it, but that doesn't mean that you'll escape the consequences, you see?
He's not talking about free speech.
He says, okay, so if we want to argue that it's free speech, because again, it's about free speech.
It's not about civil unrest and these other nebulous things.
It really is about free speech.
He says, if you want to say it, that's fine, but there's going to be consequences.
Well, if there's consequences for it, then you don't have freedom of speech, do you?
Duh. It's like the difference between privileges and rights.
So if there's consequences, the speech is not free.
Here's what I would suggest.
I would suggest we deport people like this guy, who is trying to shut down our Constitution.
Get rid of these private Israeli-Zionist people out there.
Deport them!
And deport the people who are corrupting our politicians, and get rid of these politicians as well.
So this is a pro-israel group the use of facial recognition technology by private groups enters territory previously reserved largely for law enforcement Well, and we talked about this as well all the flock cameras that are everywhere Law enforcement loves this and these flock cameras are ubiquitous.
They are the silent partners of Big Brother Well, you know it'd be probably a violation of law if we did it, but hey if you do it then Just give us the money, that'd be great.
Well, while all this is happening, while America is becoming a tug of war between hostile forces who have come here, because there's so much money and so much power to be taken out of Washington, we have the Israelis, we have the Muslims, both of them trying to exercise influence here and also in Europe.
We got King Charles, Queen Camilla, and Keir Starmer, the Prime Minister, may wish It's so.
But the UK is not a Muslim country, says Exposé News.
The UK is making significant concessions to its 7% Muslim population at the expense of its own culture and its own Christian heritage.
By the way, Muslims are 7% of the population in the UK.
The Jewish population here is 2.4%.
Mostly. But they do pretty much own Congress, the GOP.
As they're demanding that we shut down free speech and do not say that Christ is King, especially at Easter time.
That's when they, when Ben Shapiro starts his campaign every year now, apparently.
Examples include celebration of Iftar and Christian institutions, the cancellation of Easter celebrations in school and the broadcasting of the Islamic call to prayer in Christian churches.
Now here we have a conservative, so-called conservative commentators telling us you can't say Christ is King.
Because it offends Jewish people.
You can't say, you can't have Easter celebrations in the UK because it offends Muslim people.
People like Charles, Camilla, Keir Starmer appear to be promoting Islamic values at events such as Ramadan, while traditional British values and Christianity are being eroded.
Well, it's not just there.
It's also President Trump, you know, as he's Vowing the need to AIPAC and these and Mossad and these private groups to deport anybody who criticizes Netanyahu Because you know you It's not anti-semitism to criticize Netanyahu.
It's anti Netanyahu ism and It's half of the people in Israel don't like Netanyahu and So here you have President Trump though doing whatever they want and And he is doing the same thing that Charles and Camilla and Keir Starmer are doing in the UK.
Welcome to this magnificent Iftar dinner, very special, as we honor the Islamic holy month of Ramadan.
Let me begin by saying to our Muslim friends, of which I have many tonight, and I think we have many all over the world based on the results in Michigan, other places, but I just want to say hello to all of the people that supported us so strongly Hey, he gave me money!
Come for you!
Yeah, Hindu!
Deputy Secretary to the Hindu government she represents.
Thank you, Chris.
Congratulations, by the way.
Deputy Special Envoy Morgan Ortegas.
Morgan. Hi, Morgan.
Well, you get the idea.
I mean, go down the roll call of all the people that support him, have given him money, and that's fine.
He's for sale to any group, by the way.
Isn't that nice?
That's the nice thing about America.
Not just that anybody can become president, but that anybody can buy a president, buy influence of the president.
That's what it's really about.
Just take a look at the amount of money that they spend on the elections, and you understand what's going on with it.
But, you know, while this is happening...
Hi, Morgan.
It is much more obvious, I guess.
Here, the AIPAC and Netanyahu and the people in Israel are doing it with money behind the scenes.
It's a lot more in people's face in the UK.
The mayor of London is Muslim.
The mayor of Birmingham is a Muslim.
The mayor of Leeds is Muslim.
The mayor of Blackburn is Muslim.
The mayor of Sheffield is Muslim.
The mayor of Oxford is a Muslim.
The mayor of Luton is a Muslim.
The mayor of Oldham is a Muslim.
The mayor of Rochdale is a Muslim.
All of this was achieved by only 4 million Muslims out of the 66 million people in England.
Today, in England, there are over 3,000 mosques.
There are over 130 Sharia courts in England.
And there are more than 50 Sharia mosques.
78% of Muslim women do not work and receive state support and free accommodation.
63% of Muslims do not work and receive state support and free housing.
State-supported Muslim families have an average of 6 to 8 children who all receive free accommodation.
Every school in the UK is required to teach about Islam.
The number one most common baby name in England is Muhammad.
This is not immigration.
This is invasion.
Yeah, it is.
And when you look at...
There was a meme that was circulating around.
Whistler showed me.
He said, this is...
They have two pictures side by side.
Here's a picture of the Christmas market.
And notice how they put up barriers, and they got guards, and they got police cars, and they try to stop people from a terrorist attack driving a car through it or something like that.
And they said, and here's an Islamic celebration that's being done, maybe as part of Iftar or something like that.
No security needed.
What does that tell you?
Islamist-inspired motorists continue to take the lives of innocent people by careening into crowds, mainly in Germany and so forth.
This person writing this in the expose said, In my hometown of Hull, Iftar, the evening meal of Muslims during Ramadan, was celebrated in Hull Minster and was delightfully taken down in a rant by a couple of huligans, as they call themselves, who asked, amongst other things, if there would be a two-minute silence to reflect on all the Islamic-inspired terrorist atrocities that have happened.
Or an Easter Day hot cross bun tasting at the mosque, because that's what these nominally Christian church institutions are doing in the UK.
They celebrate Islamic traditions inside the churches.
Or would any camp gentleman be directed straight up to the central tower without even a sandwich?
Another example.
An outrage, in fact, is the cancellation of Easter celebrations by the headmistress of Norwood Primary School in Hampshire.
In Hampshire, Hartford and Heatherford.
Hurricanes hardly happen, right?
This was done in the name of inclusivity, which, ironically, excludes Christianity.
Well, not ironically.
It's not a coincidence that just happened.
It was planned that way.
So inclusivity hypocritically excludes Christianity.
Instead, the school will celebrate Refugee Week.
Presumably, the children will not be taught the distinctions between legal and illegal refugees.
They will doubtless be indoctrinated into the cult of multiculturalism and how it enriches our society, except for the bits about Sharia law, knife crime, and rape gangs.
Well, here's the situation we have these two factions who have been fighting each other in the Middle East for the longest time now they've decided that they want to come here and a in the UK dominate the people who are living there and In the UK in the u.s.
They want to fight each other and One group wants to impose Sharia law on us.
The other one is pushing Noahide laws Look, I just say deport them all.
That's what I say Islam Netanyahu They're both the same They both hate us, they both want to enslave us, and they both hate Christ.
So I don't have any love for either one of these groups that are here.
Ramadan. Many of these other schools that are nominally Christian will be celebrating Ramadan.
Why any Christian school should be celebrating events relative to a religion which is completely incompatible with Christianity is hard to fathom.
Christmas. Cribs are deemed to be offensive to certain religious minorities.
Crucifixes likewise.
While singing Christmas carols can be offensive to religious minorities, we increasingly hear the call to prayer being broadcast in parts of the UK.
As a matter of fact, they're doing it up on London Bridge with loudspeakers.
And most recently inside the Christian Chapel at Windsor Castle.
This is where the Royal Family is, of course.
Most likely Prince Charles who's nominally supposed to be the head of the Church of England.
I think he's a Muslim.
Christian churches have broadcast the call to prayer and in 2022 these included Westminster Abbey.
They said on a sarcastic note it makes a refreshing change to see a religious ceremony taking place in an Anglican Church for once.
London The territory of Sadiq Khan is festooned with lights now, celebrating the season of Ramadan.
This is a new thing.
Because they're going to replace Christmas with Ramadan.
This person said, I've been in Islamic countries, including Saudi Arabia, during Ramadan.
I have seen no such thing as Ramadan lights.
But they're there in London now.
Without a care for net zero, global warming, or increased emissions, Mayor Kahn has switched on the Ramadan lights at Piccadilly Circus.
Our king seems to be fully signed up into the Islamification agenda.
His philanthropic works include trying to establish a mosque at Piccadilly Circus.
And the Aziz Foundation provided the background work For the APPG on British Muslims which seeks to ban any criticism of Muslims or Islam Christians and Christianity are of course however fair game and you can be arrested for praying silently in front of an abortion clinic,
but don't criticize Islam So our leaders are selling us out They've sold us out a long time ago to foreign factions And there is more Christian persecution that is on the way.
Don't worry about it.
It'll just make us better Christians.
You look at China.
Boy, those people in those house churches are hardcore.
Or India, where the government associated with Tulsi Gabbard is killing them left and right.
Yeah, that government is very connected to our Director of National Intelligence.
Now, you wonder why we can't Won't help any Christian refugees from these countries.
So, they want to come here, and they want to bring their war here to our home as well.
On Rumble, SVCAT.
Thank you very much for the tip, I appreciate that.
Let's take a quick break, and we will be right back.
take a quick break.
Thank you.
Welcome back.
Let's talk a little bit about what's happening with gold, real money, and we have seen, as I mentioned earlier, gold breaking up above $3,100.
This is even more than they had been predicting last fall.
We had a big run-up last fall.
I remember we would have Tony Arterburn on and he would say, I've never seen anything like this.
We're getting one all-time high after the other.
It's really kind of crazy.
Difficult to deal with for Tony as well.
Because things are changing very rapidly, which doesn't typically happen with gold and silver.
It doesn't usually change that rapidly.
But everybody was real bullish on gold, and then Trump got elected, and everybody got very bullish on crypto, and the price of gold dropped to, what was it, $2,500 or something like that?
Yeah, it got down to the $2,500s, I think.
And I said, this is just temporary, because nothing has fundamentally changed.
This is people just thinking that Trump is going to roll out the red carpet for crypto stuff and actually he rolled out so many red carpets that people started to realize it's going to be a magic carpet ride.
Maybe it wasn't real.
His Trump coins, his meme coins, his tweeting about the Bitcoin reserve and talking about these three coins that Had nothing to do with their tightly controlled centrally controlled.
They weren't being used as stores of wealth Which is what Bitcoin is now being used that Bitcoin was originally designed of course to Handle transactions and then it got hijacked as Roger Ver points out it got hijacked into being a store of wealth Now it's actually been hijacked again by Blackrock and others who have superimposed an ETF on top of it.
Absolutely unnecessary!
I mean, it just doesn't make any sense at all why you would have an ETF of Bitcoin, which is infinitely splitable.
It's only so that these people like the ones at BlackRock can run some kind of a scam on you.
Anyway, they had been predicting that gold was going to get up to $3,000 the first quarter of the year.
Well, by the end of the first quarter, it went up to $3,100, even though it took that big hit in terms of confidence.
Spot gold reached an entry day peak of $3,128, as a matter of fact, while the June futures touched $3,162.
It's now roughly up 19% year-to-date just in one quarter.
Outperforming most asset classes and continuing its 2024 momentum where it gained over 27%.
And as Gerald Sundy was saying, he said Trump was really good for gold the first time.
He's gonna be really good for gold around this time as well.
He said last year was gonna be the year for gold.
By the way, if you want to get Gerald Sinti's excellent publication, Trends Journal, just use the code KNIGHT and save 10% off.
It is a real bargain, the amount of information that he has.
And he doesn't fill it with fluff.
This is truly historic price action, said one person who is an editor at a gold tracking group.
He said 10% of that 19% gain came in just the past month.
If you look at the monthly chart, it's basically straight up.
Well, why is that?
As I said before, when people are worried, they turn to real stuff.
And they know that gold is real.
It's not some concoction.
As a matter of fact, they've thrown all of these concoctions at it to try to suppress its value.
They've thrown fiat dollars at it.
They've thrown ETFs at it.
They've thrown crypto at it.
And it still keeps coming.
Gold is benefiting from heightened geopolitical tension, sticky inflation, surging investor interest through exchange-traded funds, the ETFs.
And this is the message that I wish people could get, that if you want to own gold, don't get it as an ETF.
It's just like Bitcoin.
Why get Bitcoin as an ETF from BlackRock?
Accept no substitutes.
You can go get Bitcoin yourself, and you can get gold yourself, and even if you don't have a lot to invest, you can get fractionalized gold.
It's one of the things that Tony has at Wise Wolf.
You can get these chicklet things and you can you know break off small amounts of gold and that type of stuff so yeah gold is you can get small amounts of gold if you don't have a lot of money and You know, it's price per ounce is high, but still there's a lot of different ways that people fractionalized it Why would you trust somebody in Shanghai?
There's some financial shark who tells you that yeah, don't worry.
I'm buying gold Now you're not getting a share in the gold.
You're getting a share in my fund But you're not getting any share in gold.
And it doesn't track with gold either.
And yet, because people are looking at gold, and I did this earlier on too, it's like, oh yeah, put some money in gold.
So you go to the ETF, which is GLD, or you get silver with SLV, and it's easy to get it through the typical channels and things like that, but you're not really getting the real thing.
Total assets under management and global gold ETFs now stand at 268 billion with a one-day inflow of 23 tons recorded in March, the highest since 2022.
So they are buying more gold.
The question is, are they keeping that parity?
What you wind up with these ETFs and the paper gold and stuff is the same situation that the Europeans wound up when they did Bretton Woods and they said, okay, the U.S. has got a lot of gold, they got gold in Fort Knox, and so they're going to issue fiat paper.
And we trust them to do that.
Then they found out that they couldn't trust us to do that.
Couldn't trust the federal government to do that.
And you're going to have that same kind of realization when it comes to the Shanghai Gold Exchange.
What these people are saying is, trust us, we've got gold.
To back up what we're selling you.
And it is just blind trust.
You don't have any way to audit that.
And pretty soon, hopefully, people are going to catch on to that.
So Trump is expected to announce reciprocal tariffs tomorrow, targeting countries.
And that's the key thing.
He's targeting countries.
He's not doing it necessarily for a revenue thing, although now they're talking about trillion dollars and things like that, of additional revenue.
That's still not enough to fund the government or to replace the income tax, but he's really just attacking countries.
He's not even trying to save particular industries, so to speak.
Canadian, China, and the EU.
He's also added automotive tariffs to take effect on April the 3rd.
Expect, by the way, for used car prices to go up.
Terrorists are essentially taxes on goods, and that is inflationary, they said.
Uncertainty, not just about trade, but about global conflict and political volatility, is also playing a central role.
And Trump has been pushing this up.
You know, Biden was pushing up concerns about war and volatility.
He nearly took us into a nuclear war with Russia.
But Trump is out there Attacking everybody essentially silver is also playing catch-up.
They said but it faces some resistance it Was also climbing though not with the same breakout as gold dead despite outperforming gold and percentage points this quarter Silver ETF inflows again people are still buying silver as ETFs instead of the real thing They've added just 2.2 million ounces or a 0.3 2% increase compared to goals ETFs ... of a 5.9% rise.
So, gold goes up by 19% and they get 5.9% more gold in the ETFs.
And the ETFs added 0.32% even though it went up at a very high percentage.
That's what I mean.
It doesn't track it.
You know, these paper substitutes.
So it was the largest monthly percentage gain since February 2016.
Uncertainty. It's going to continue to support the rally as people turn to it for a safe haven.
But here's the issue.
What else is going up?
Stable coins, tokenized assets.
And people think that this is going to be a response to the Trump tariffs.
This truly is fool's gold.
As I said before stable coins tied to US dollars are not stable.
They're not coins and When they talk about the crypto Your stuff is not encrypted.
It's all out there on a public ledger what you're getting through Bitcoin every bit of this stuff is Has deception written all over it more capital is flowing into stable coins and into the tokenization sector Financial products, tangible assets such as real estate and fine art are being minted on the blockchain.
Minted on the blockchain.
They are being, in other words, virtualized for ease of future theft by governments or by individual thieves, in my opinion.
They said because these assets reside on the blockchain, even slight shifts in sentiment Can trigger significant price movements driven by lower barriers to reallocating capital in real time.
So They're there for anybody in the world to steal from you and They are now because they're there well look now their value can change very quickly.
Is that a feature or a bug?
Now you've made it easily accessible to thieves and to governments and you made it highly volatile as well This is part of what's wrong with all this tokenization stuff But we know how this worked out.
We go back and look at 2007-2008.
It was a tokenization, essentially.
They called it securitization.
And people didn't know what they were getting.
It was all mixed together, and it was just a scam, a scheme, by these Wall Street sharks.
And all of the stablecoin stuff and everything is a scam by people like Lucky Lutnik.
So again be very careful about this these stable coins are And and the tokenization boom That is how I believe they are going to steal everything from us and the great taking I think that is an essential part of the great taking Well,
we're gonna take a quick break and we'll be right back Here's a little song I wrote.
You might want to hear it in your pod.
You know nothing.
And be happy.
Ain't got no cash.
Ain't got no car.
But 24 booster shots in your arm.
Oh nothing.
Be happy.
You can't even buy s*** in the store because of your low social credit score.
Own nothing.
Be happy.
You'll own nothing.
And be happy.
Be happy and eat the bugs.
They're doing what?
In the place they named after me?
Good thing I have The David Knight Show to keep me informed on the plots of these traitors.
Making sense common again, this is The David Knight Show.
By the way, I was talking about Tony, and Travis pulled up DavidKnight.gold to take you to Wise Wolf Gold, but I'd like to say that you can get to Wise Wolf Gold through David Knight Gold.
I talked about all the reasons that you would want to physically hold gold, but Tony can actually help you make it happen.
And he can work with you, whatever your budget is, large or small.
If you want to make a large one-time purchase, or a small one-time purchase, or if you want to gradually accumulate it, he does that as well.
Nobody else that I know of does that.
It's called Wolf Pack.
You sign up, how much money you want to save each month.
To get out of fiat currency and get into gold or to silver and he can help you to do that and you get some really interesting things as I was pointing out different ways to Fractionalize and hold gold and silver we all think of the coins which were full ounce and well You know,
that's a lot of money now, you know gold coin is gonna be over $3,100 but you can also get it in some small fractional amounts you can get it where it's embedded into paper and things like that like a Looks like a dollar bill, but it's actually got real intrinsic physical value to it.
So there's a lot of interesting things there, and you wind up getting exposed to those if you jump into the wise wolf thing.
It's a real eye-opener.
So anyway, let's talk a little bit about climate change.
We have talked about that for a while, the climate MacGuffin.
In Australia, in their election, they've got a choice What's up with that?
It says, a choice between impractical renewables and unaffordable nuclear.
Except nuclear is more affordable for Australia than it is for us.
Because we're getting a lot of our nuclear materials from Australia.
You know, we haven't produced much uranium in the U.S. anymore.
Right after, you know, once it first started, we were producing a lot, but now we've become reliant on foreign supplies of uranium.
And so our biggest supplier of uranium are those evil Canadians.
Those people up north, I tell you, they, we get 27% of our uranium from those Canadians that we want to, we don't need them!
Those gosh darn syrup swillers.
Yeah, we don't need them, says Trump.
They can keep the uranium in their maple syrup.
Alright, hold off on the maple syrup, okay?
Let's not get crazy.
Well, we also get 9% from Australia of our uranium.
Now, so they've got enough that they can, for their own use, but they can also export to us.
And it can be 9% of our use.
We only supply, domestically, only supply 6% of our uranium.
We get 9% from Australia, 27% from Canada.
Kazakhstan is really big as well.
It's great to have a reliable supply chain like Kazakhstan.
Anyway, but it's still expensive for Australians.
It's not just about the fuel.
It's about disposing of the waste fuel.
And yeah, there is technology that could be done, but the technology is not there yet.
This is the big problem with the government centrally planning how we're going to generate electricity.
How are we going to have energy?
They will reward their friends, and then if you criticize it, somebody will say, well, you know, you could do this and you could do that, and this is being looked at, and it's like, okay, well, when you've got a solution, let's come back and let's talk about that.
But in the meantime, what you're selling people is a pie-in-the-sky transfer of wealth.
Since the early 2010s, when Australia's climate Wars began in earnest.
Practically every Australian federal political leader has at some point in the electoral cycle pledged to do something about power prices.
Very rarely have they followed through.
This is by Ryan Kropp, Energy and Climate reporter.
He said, the Albanese government is the latest to walk into the trap.
Not to be deterred though, the coalition is handing to the federal election Heading to the federal election selling an equally ill-advised counterclaim that its policy to replace Australia's coal power plants with seven government-owned nuclear power stations will lower power bills by 44%.
Yeah, right.
Yeah, even if, even if you were going to build new coal plants, the new coal plants would be expensive, right?
Relative to coal.
So just the fact that you're going to build new plants and To do something different because you've got to shut down coal.
That's what we're talking about here the absurdity of it Australia's reliant on an aging and increasingly unreliable fleet of coal-powered Coal-fired power stations that will eventually need to be replaced whether governments choose to do that with renewables nuclear or something else entirely It's going to cost a lot of money but they won't replace them even with Coal plants.
Australia's failed energy system is crashing on the economy.
Same as is happening in the UK and Germany.
These net zero ninnies are banning affordable energy everywhere and the use of energy.
They're making it unaffordable by design and what it's doing is it's collapsing the economy because they're collapsing manufacturing.
Electricity prices soar by up to 9% in Australia, and we're going to see the same thing here in the US.
We have, for example, here the Tennessee Valley Authority, which is not just in Tennessee, it's a regional power supply, and you have local electrical co-ops that then buy it and resell it.
But they want to put in battery energy storage systems.
Tesla You know, it was doing that.
Elon Musk, I think it was in Australia, where he went down and he said, I'll put this in and I'll get it done within whatever the time frame was.
It was a very short time frame, like two months.
If I don't get it in in two months, you don't have to pay me anything.
But hey, if I get it in in two months, you got to pay me.
And so he did that.
They've also had fires.
But of course, when they put in their battery energy storage sites, they're putting them out in the desert, not in a heavily wooded area like they are here in Tennessee.
And these things have been known to catch fire, but they will absolutely burn your budget to a crisp, because they're very, very expensive.
You pair these massive battery storage sites, battery energy storage sites, you pair them with the already expensive solar and wind, quote-unquote, renewables.
Last year, Australia's last major plastics manufacturer closed due to high energy costs.
Making Australia wholly reliant on imported plastics from China Australia's only architectural glass manufacturer closed last week after 169 years of operation.
This is what we're seeing throughout the UK and Germany.
I mean even Volkswagen Having layoffs for the first time in corporate history for 80 plus years But you're having the last coal-fired Plants there for steel manufacturing and also a special kind of coal that they use in Steel manufacturing all that stuff is being closed down in the UK and in Germany and in Australia It's a suicide of the West In addition to the groups
that they're bringing in the article blames gas exports for high prices But what are gas companies prioritizing?
Why are they prioritizing exports over?
domestic consumption So the Australian gas companies are charging more but they said what but they are Selling it abroad So the answer is obvious.
The export market is safer and it is more Predictable remember we talked about Trump and the chaos and how that's its own issue You know, we can talk about deficits.
We can talk about budgetary deficits trade deficits isn't that but chaos in of itself is an expense and so These people will sell it abroad.
These gas companies in Australia are selling abroad at a lesser price because the Australian government is so unpredictable.
You can't run a business when you don't know what the business climate is going to be.
And it can just change just like that because of arbitrary edicts from a government.
Especially when the government is just being run by one person like Donald Trump.
Who, Congress and everybody else, media on down, just lays at his feet and lets him do whatever he wishes without any opposition, without any discussion of the policy.
It's whatever he had for lunch today, you know, depending on his mood.
That's what the tariffs are going to be.
Exporters know that when they sign those contracts with foreigners, they will make money and they know how much they're going to make.
But it can't be said the same thing for the domestic Australian gas market.
It is subject to the capricious whims of government price controls.
So why is Australia being such a troublesome gas exporter?
The reason for all this political foolishness is no mainstream Australian political leader is focused on prosperity.
They've got their own agendas, right?
I'll just say they're not focused on the prosperity of the average Australian.
Just like you see in America.
Yeah, these guys are focused on prosperity.
Their own.
Their own prosperity.
The long-term benefits of nuclear are dubious for a nation like Australia.
Nuclear is a viable technology, but Australia has a lot of coal.
Capital costs of nuclear power are much greater than coal.
Capital costs of building nuclear power plants will pile onto Australia's national debt.
Just as baby boom demographics are starting to really bite.
You know, all those people that they weren't able to kill with a fake pandemic.
There are places in Australia where nuclear makes sense, where remoteness and a lack of fossil fuel energy sources tips the balance in favor of nuclear, but where coal is available, it doesn't make any sense.
Well, climate activists in America are, we all know that power bills are going up, that they're soaring.
And they want to tell you that it's anything but green energy.
Just like we see the excess deaths, it's anything but the vaccine.
Massachusetts has historically supported several expensive green energy projects that have been found to raise utility costs, including offshore wind farms and the abandoned Cape Wind Project.
One of them, another one, is the Vineyard Wind Project.
Massachusetts plans to achieve net zero greenhouse gas emissions by 2050.
A goal that is also championed, was championed by the Biden administration to the tune of three trillion dollars.
The sharp spikes in heating bills throughout the Commonwealth in January and February have been a financial shock and a burden.
But at least in the UK, they have finally just stopped oil.
That's that group, that terrorist group.
Just stop oil.
Well, now they are going to just stop, because they got what they wanted.
The labor government has gone further, faster than any other country in terms of national suicide.
I guess we could call this Green Assisted Suicide.
Economic suicide.
And they've gotten what they want, and so they're going to stop their vandalism stuff, but it is an indictment Of this current labor government that they've given these radicals who are gluing themselves to the road, who are defacing artwork and all this stuff.
They got everything so much that the labor government is so radical that these radical lunatics have gotten everything that they could ever want and they're just going to stop doing their activism.
Well, we're going to take a quick break and we're going to come back, and when we do, we're going to take a look at some issues that have to do with, again, free speech.
We'll be right back.
be right back.
back.
You're listening to The David Knight Show!
Well, this is an article that was picked up all across the spectrum.
The fact that a toddler was kicked out of a nursery for being transphobic.
And everybody's like, what are you doing?
This is a young child that is either three or four years old, suspended from a state school for, quote, abuse.
Against sexual orientation and gender identity.
And everybody was saying, why would you focus on this child?
Why would you punish this child?
The child is just saying, that's a boy, that's a girl.
Oh, you can't say that.
And yet, what they are not talking about is the fact that it's not possible for any of these kids.
You know, the other kids who are supposedly being transitioned, they're not doing that.
That's being done to them.
And as bad as it is for this kid to get kicked out of the nursery, what is being done to the kids that are being transitioned who also do not know what is going on?
It's completely absurd.
And what is happening to those children is even worse.
They're not getting kicked out of a nursery.
They're going to be mutilated, sterilized.
James Younger still fighting the battle for his young son.
You know, he was married to a pediatrician.
I interviewed him years ago and he's been fighting this We're
good to go!
They had IVF, they had twins, so these boys are twins, and the mother, who had no biological connection to them, and who divorced the father, took the kids and decided that one of the boys was going to be a girl.
And she got a judge in Texas to agree that by the time James turned eight, they were going to chemically castrate him, like they would a rapist.
And he's been fighting this.
He's a Christian.
He's been fighting it very hard.
But she again has gone to California.
He's still fighting all of this.
But that is the real crime that is there.
People doing that to their children.
People doing that to students.
Yes, it's bad to kick a kid out because they don't play along with this game.
But it's even worse what they do to the kids that are being quote-unquote trans.
This is a story from the UK Telegraph.
It happened in the UK.
The Department for Education Data shows that the child was aged either 3 or 4, suspended from a state school in 2022 to the 2023 academic year for abuse against sexual orientation and gender identity.
94 pupils at state primary schools were suspended or permanently excluded for transphobia and homophobia that year.
Ten pupils from year one and three from year two where the maximum age is seven So I'm assuming that the maximum age for year one is six Of these included a child of nursery age the data shows So the telegraph revealed children at young as five are being kicked out of school for attacking their teachers or fellow pupils amid an alarming rise in no discipline in Britain's schools.
Why? Because they're focused on this kind of stuff.
The director of advocacy at Sex Matters said, The extremes of gender ideology throw up a story that seems too crazy to believe, and a toddler being suspended from nursery for so-called transphobia or homophobia is one such example.
But again, the real issue is that if this kid is going to be considered to be guilty of transphobia or homophobia, they're saying that a fellow toddler there is being identified as transgender or homosexual.
And that's the even bigger issue.
And again, the projection of beliefs is being projected onto the toddler that is being transitioned.
Or told that they're homosexual.
These kids don't even think about that kind of stuff.
And if the kids are thinking about this, you need to investigate the adults around them for child abuse.
It's just that simple.
Prioritized the activist demands over the charges well-being, as they said.
That's what is happening.
The number of pupils suspended or expelled for homophobic or transphobic behavior increased from 164 to 178 that year.
Still. The real issue is the child that is being transitioned.
J.K. Rowling got involved in it.
I think this is why you see this being reported everywhere.
She put up on social media, she said, this is totalitarian insanity.
If you think small children should be punished for being able to recognize sex, you are a dangerous zealot.
Who should be nowhere near kids or any position of authority over them.
And I would say this about the people in those nurseries.
If you got people there, not only the fact, well, you're not playing along with our game that so-and-so is transitioning, that person ought to be investigated and should be expelled.
Because they're playing sexual games with little kids.
The case echoes that of Nigel and Sally Rowe, parents from the Isle of Wight.
who took legal action in 2021 when a Church of England school labeled their six-year-old son as potentially transphobic.
Because they're labeling other kids as transgender.
See, that's the bigger issue, still.
These parents had complained about learning that their son and his classmates were expected to accept that one of them had transitioned from a girl to a boy.
Just give me a few years and I'll show you a transphobic child.
At the age of six even!
Be afraid of these people who start talking to you about transgenderism.
Be afraid of that.
The Rose were ultimately awarded more than $23,900 in legal costs and commitment from the British government to reform trans-affirming policies in schools.
Though Nigel Rowe told Fox News Digital in 2022 that representatives from the affiliated Church of England opposed them in their fight, they still don't support us, he said.
It's a bizarre world we live in.
The Church of England is the biggest advocate for this depravity and this child abuse.
The Bible says we don't fight against flesh and blood, he said, but against spiritual principalities.
Again, Ephesians 6. He says, as a Christian I believe that there is a demonic realm that is meant on the destruction of everything that is of God, and that's especially true of children.
He said, destroy the family and you'll destroy society.
Destroy the family and the culture will collapse.
I very much see transgender ideology as that, and it's very much a movement throughout the world.
But you know, we take a look at this, the Church of England.
Then you go back to the parable of the mustard seed As tiny seed grows in the great big tree and you have all of these birds of the air nest in it You know, you got the transgenderism bird You got the Marxist LGBT rainbow crowd birds,
they're all nesting and the trees of the Church of England I've Seen some people interpret that as saying, you know everywhere When Jesus talks about birds of the air When he talks about the parable of the sower, it's the birds of the air who come around, you know, I mean, Satan and his ilk coming around and snatching the seed from the people who have heard it, you know?
And I think that's what it references here.
Certainly, the mustard tree of the Church of England is now filled with birds.
It's like a Hitchcock horror show.
Trump administration is reviewing billions in government contract grants for Harvard.
Amid anti-semitism allegations.
And you might ask yourself, how does the wealthiest college, perhaps in the world, certainly in America, how does it get nine billion dollars in federal grants?
That's absurd.
Absolutely absurd.
And it is this, remember when Eisenhower talked about the military-industrial complex, he also included academia in it.
And this is why.
They get all these government contracts.
It's not just the scholarships and things like that.
And, of course, the government giving scholarships and educational grants to people to go to these colleges is one of the reasons why tuition has exploded.
And you're seeing it explode in these Ivy League schools especially because they're getting so much money.
But it is the wealthiest college.
It is federal cronyism.
And guess what?
They're not interested.
Doge is not interested in this.
They're only interested in taking away money, you know, $400 million from Columbia, $9 billion, billion with a B, from Harvard.
They're only interested in that if they don't like their politics, if they're criticizing a foreign government, because that's what we're talking about.
We're not talking about anti-Semitism here.
Again, it's about criticizing the policies of the Israeli government.
And the politics of Israel is incredibly divided, as I pointed out yesterday.
A virtual civil war is going on there in terms of Netanyahu and other groups.
So how is it anti-Semitic to criticize Netanyahu's policies?
It's not.
In a press release on Monday, the Department of Education said that over $255.6 million in contracts between Harvard, its affiliates, and the federal government will be reviewed, plus nearly $9 billion worth of grants.
The review also includes the more than $8.7 billion in multi-year grant commitments to Harvard University.
If they've already made these commitments, you can bet that a judge is not going to let the Trump administration pull that stuff back.
Because... The judges have already ruled, well, you've made a grant and you've signed a contract with them, essentially.
You have to fulfill that contract, unfortunately.
Nevertheless, I'm really offended by the fact that Harvard and these people who have been pushing overt racism against white people, especially, and Asian, right?
The DEI stuff.
We're not going to admit people based on merit.
We're going to do it We're going to advantage certain other groups and disadvantage other groups.
Based on what?
Based on your race.
Based on ethnic issues.
It's overt racism.
They're not going to be punished for that.
So how is it that you can't punish Harvard for their Marxist racism, their DEI policies, which are racism, but you can punish them for criticizing the Israeli government by pretending that that is racism.
It's not racism.
They said, again, when we look at this, folks, just like it was, with money flowing through CMS to hospitals and so forth to pursue the policies that Fauci and the rest of the people in the Trump administration were pushing out there.
You do that, I'll give you the money.
The Trump administration, the Biden administration, they've all been giving money to Harvard, even though Harvard has been enacting racist admission policies.
You know, it's not even okay to be white.
Remember that?
How that got everybody so upset, especially Ivy League schools?
You go around and say, we're not talking about white supremacy.
We're just saying it's okay to be white.
You don't have to be anti-white, which is what these people want.
Harvard can right these wrongs and restore itself to a campus dedicated to academic excellence and truth-seeking where all students feel safe on its campus.
So there you go.
If you will embrace BB, we'll give you the nine billion dollars and you can continue on with your racist admission policies that are there.
And your Marxism.
We'll continue to use the federal money to promote Ivy League Marxism racism depravity of LGBT stuff.
That's all fine.
You just bow the knee to BB Well, I say we throw BB out with the bathwater and We don't need to be funding Columbia University to the tune of four hundred million dollars and we certainly don't need to be giving Harvard nine billion dollars But you got Marco Ruby and others are really excited about what they're doing for their masters At in Israel defending student deportations Marco Rubio equates writing an anti-israel op-ed
piece. He says it was starting a riot This is coming from reason.
They said the detention of Tufts graduate student Her last name is Oz Turk illustrates the startling breadth of the authority and the secretary that the Secretary of State is invoking so again, you got An opinion that I disagree with about something that the government likes Whether we're talking about the vaccine or we're talking about the so-called pandemic or the pandemic measures or now about a foreign government that has bought these Republican politicians
Well, then we're going to shut you down Just as we've been seeing the by demonstrations and others doing that Throughout this fake pandemic the contrast between there.
So there's two students they're talking about.
One at Cornell University.
His name is Momodu Tal.
He's at Cornell.
The other one, Rumesa Ozturk, a Turkish graduate student at Tufts.
Okay, so Ozturk is a graduate student who wrote an op-ed piece.
The other guy, Reason says, he's challenging his deportation and so far has avoided deportation.
Reason says, so Reason says he has explicitly endorsed terrorism as a form of justifiable resistance and has engaged in disruptive protests.
But neither of these two issues seems to be true of Ozturk, who was arrested last week on the streets of Somerville, Massachusetts by masked immigration agents And is being held at a detention center in Louisiana.
Now I did not play the clip where she's walking along and she's got like, you know, the Islamic headdress or whatever.
And she's just walking along a sidewalk and a guy comes up and he gets in front of her.
She takes like a step to the side to get around and he steps to the side and then all of a sudden a couple of other guys converge and they just take her away.
And then they took her to Louisiana against the orders of a judge.
Now what Reason is doing is they're setting up two cases here, and they're telling you this one guy deserves to be deported is what they're saying.
They say he has endorsed terrorism as a form of justifiable resistance.
Did he?
Let's look at what even they say in all of this.
You know the old expression one man's terrorist is another man's freedom fighter.
He said wherever you have oppression You will find those who are fighting against it.
He said and he wrote glory to the resistance Now I don't know everything about this guy, but based on what reason is putting there They're saying this guy's a terrorist and he's a terrorist because he said this he sounds to me like Thomas Jefferson And again, that's why we say one man's terrorist another man's freedom fighter would Thomas Jefferson say When wherever you have oppression you will find those who are fighting against it.
What's wrong with that?
And glory to the resistance.
Jefferson said, resistance to tyranny is obedience to God.
He said the tree of liberty has to be refreshed from time to time with the blood of patriots and tyrants.
He sounded a lot more radical than this guy.
We used to say in libertarian parties, like, you want to get labeled a radical, you just quote the founding fathers.
That's true.
You say that and so many people don't know those quotes.
And when they hear him come from he's like, whoa, but this guy in jail Which is what the British wanted to do and more But anyway, so he also said Colonized people have the right to resist by any means necessary Is that terrorism I Don't think so he was suspended twice because of his involvement in the disruptive protest activities at Cornell and And
at a pro-Palestinian encampment.
But again, one man's freedom fighter is another man's terrorist.
Depending on, you know, which group he's allied with, it isn't what he had to say.
The Israelis would say the same type of stuff.
Founders of this country said the same and worse.
Now, that's their worst case scenario.
And as far as I'm concerned, if he's not Building bombs, if he's not punching people in the face, he doesn't need to be deported.
If that's his crime, as they lay out the case and reason, and again, I did not dig into his background or not.
I just saw the terrorist label and I read how they described what he did.
It was worthy of being called a terrorist.
It just amazed me.
This is...
Ought to be concerning the fact that we have a group that self-identifies as libertarian, basically wanting to lock up the Founding Fathers.
Now we go to the woman who was abducted off the street.
Her name is Azturk.
Her offense, by contrast, seems to be co-authoring a March 2024 op-ed piece that's last year, not this year, in the Tufts Daily.
The essay, which was co-written by three other graduate students, criticized Tufts president Sunil Kumar as being wholly inadequate and dismissive.
So they have a guy who, I guess he's Indian or something?
Sunil Kumar is the president of Tufts.
They were upset because they wanted him to do the Boycott Divestment Sanctions movement, the BDS movement.
We're just saying, we don't want you investing in anything that is going to make money for Israel, that type of thing.
Look, I think boycotts are fine.
It's a kind of speech.
Regardless of, again, regardless of what you think about these different groups, if we're going to punish this when it's done by, didn't we have boycotts of Dylan Mulvaney and Bud Light?
Is that okay?
We disagreed with what Bud Light was doing, so we boycotted the product there.
Or sanctions.
I'm not a fan of sanctions.
I've said that I think sanctions are beginning of war when it's done by a nation.
It's like doing a blockade around somebody.
It's like doing a siege around a castle.
You're going to try to starve them out.
But it is an overt action of war.
I criticized that when Biden did it.
But, you know, when you want to boycott somebody, Or you say, you know, we don't like the policies of this organization.
Again, it's a political opinion.
You can agree or disagree with that, but I think these tactics of boycotting and divestment are legitimate.
He says, we've done in the past, we reject the boycott divestment sanctions movement, said the president, Kumar.
We wholeheartedly support academic freedom, nevertheless.
Yeah, right.
You know, oh yeah, freedom of speech is great, but there's going to be consequences for your speech, as the other guy said.
And so, Rubio has said that he has revoked about 300 student visas based on foreign policy concern.
He said, quote, every time I find one of these lunatics, I take away their visa.
We're looking every day for these lunatics that are tearing things up.
We gave you a visa to come and study and get a degree, not become a social activist that tears up our university campuses.
Well, Rubio, You're a lunatic that's tearing up the Constitution and the Bill of Rights.
You ought to be deported.
Man, violence, vandalism, what is it?
No, no, no.
He's not accusing them of violence.
He's not accusing them of vandalism.
He's not accusing them of being a terrorist.
He doesn't like their speech.
You've got lunatic ideas.
You know, you might think that there's no pandemic, so we're going to have to bring you special punishment.
We'll have to take away your medical license, as they did Dr. Sam Bailey and her husband.
Well first they came for the op-ed writers says Mises org and they talk about this unlike Reason, you know, they have a big issue with this reasons like well, you know, should you do this or not?
It's like oh, that's a slam-dunk.
No, and If before we move on I just want to say this succinctly illustrates the problems with multiculturalism We've got moma do Ramesa and Kumar and they're all on different sides and yelling at each other That's right.
It's like you think this would be as big of an issue if it was you know Smith, Smith, and Smith involved in this sort of deal, you know?
I just don't think so.
And that is exactly why they open up the borders and bring this in.
As I was saying earlier, you've got these people who come here and go to war.
They've got all their grudges and griefs about all this stuff.
They come here to America, they get American money, and then they want to fight each other on American soil.
Take your war and go home!
Fight it over there!
And, you know, you're right.
We wouldn't be having this if it wasn't for all this multicultural nonsense.
So, first they came for the op-ed writers, says Mises.org.
On March 25th, six masked federal agents, is even worse than what I said, converged on her, seized her on the sidewalk in Massachusetts.
Uh, Ozturk, her name.
She was wearing a hajib, a Fulbright scholar who's working on a doctorate at Tufts University.
And by the way, you know, this is, it's the university's Travis that are really driving This because they get a lot of you know They it's a big business for them to have students come here into the United States.
So they're driving a lot of this not just multiculturalism and DEI and all the rest of stuff, but they're driving a lot of this immigration stuff because they get federal money for this That's why this is all happening She was abducted and vanished into the maw of the federal prison system the Trump administration ignored a federal court order took her from Massachusetts to Louisiana's federal detention facilities.
She had co-authored one piece for the Tufts student newspaper criticizing university's refusal to divest from Israel despite, quote, credible accusations of indiscriminate slaughter of Palestinian civilians and plausible genocide.
That was her phrase.
She said plausible genocide, though, because she said that, Yeah, the Trump administration is going to grab her off the street, transport her to a prison across the country, and then put her out.
And Rubio is proud of that.
Ozturk never mentioned Hamas in her op-ed.
Ozturk has not been linked to any campus protests at Tufts or elsewhere.
The feds have failed to reveal any evidence that she supports Hamas.
She simply co-wrote an opinion piece.
As the New York Post reported on Friday, DHS alleged that Ozturk was a supporter of Hamas, but has yet to provide any evidence to that effect.
But again, Marco Rubio was asked about that case, and that's when he started talking about the lunatics.
He said, if you apply for a visa, And you tell us that the reason that you're coming to the U.S. is not because you want to write op-eds, but because you want to participate in movements that vandalize universities, harass students, take over buildings, and cause chaos.
We're not going to give you that visa.
Except that he's lying about all of that.
She wrote an op-ed.
She didn't vandalize the university.
She didn't harass students.
She didn't take over a building.
She didn't cause any chaos.
She wrote an op-ed.
And you are deporting her, Rubio, because she wrote that op-ed, not because of those other things.
Again, these people are lying up one side and down the other.
We gave you a visa to study and earn a degree, not to become a social activist tearing up our campuses.
But she didn't tear up the campus.
Nobody's even accused her of that.
They've accused her of being a closet supporter of Hamas.
You know it's a closet supporter of Hamas.
Netanyahu. He wanted them to control Gaza.
He wanted to have a worst-case scenario in Gaza.
So he would have a pretense to come in and do something about it.
And he was also negligent.
And when that was pointed out by Shin Bet, he fired the Shin Bet guy.
And then the Supreme Court said, you can't fire him.
And he, and You know, it's back and forth and back and forth.
So then he fired his own Attorney General.
And it remains to be seen what's going to happen with that.
So the question says, Mises, is criticizing a foreign government now considered proof of lunacy in the White House?
Does the Trump administration consider op-eds to be a weapon of mass destruction?
Or is it terrorism?
Well, we just had a hearing On Capitol Hill and we had a rabbi there who was brought in guess what by the same guy who has been the representative of Satan himself when it comes to the vaccines Senator Bill Cassidy from Louisiana And he is the one making all these people sign their soul over to big pharmaceutical companies or you're out and He was the one who
vetoed the Dave Walden for CDC and now we have this BARDA, ARPA-D, ARPA-H, AI nightmare that has now been put in at CDC.
So we can all thank Bill Cassidy for that.
So he brings in a rabbi and introduces him.
By the way, he had a hard time pronouncing Evidently, does he not know what Shabbat Lubavitch is?
This is Rabbi Levi Shemtov, who had this to say.
Anti-Semitism is not just an age-old prejudice.
It is a contemporary crisis manifesting on campuses across the nation.
It is not enough for individuals or institutions to merely claim they are not anti-Semitic.
As my father once taught me, it is not enough for people, especially public figures, to be neutral or not be anti-semitic.
One must be anti-anti-semitic.
We must demand the same of our universities and government institutions.
This hearing, in my opinion, is an attempt to be just that.
Anti-anti-semitic.
What utter nonsense.
What utter nonsense.
You know what this is about, right?
This is, as I said, This is the same tactics of the left that we've seen.
The same tactics that we saw from Black Lives Matter.
You have to be anti-anti-racist.
You have to denounce yourself.
And when I had on Sheevan Fleet, her book was Mao's America, A Survivor's Warning, she said, don't call this woke.
It's full up Marxism.
And these sessions where it's not enough not to be racist.
It's not enough not to be anti-semitic.
You have to anti-that.
You have to denounce yourself.
You have to do what the Chinese called a struggle session.
And this is not anything new.
Don't use these labels like woke and the rest of this stuff.
This is a straight-up Chinese communist struggle session that this guy is pushing there.
And they've been pushing racism on campuses.
Racism, discriminating against other people.
Now he wants you to be anti-racist.
And you have to denounce yourself.
Chris Menahan at Information Liberation said, didn't conservatives mock Ibram X. Kendi for saying the same stuff?
Yes, exactly.
And as I said before, when you see these people, for political reasons, You disagree with them politically?
What does the left do?
You're racist!
You're racist!
And you see the same thing being done now by the right, which has been fully taken over by the Israeli government factions under Netanyahu.
They immediately call you racist.
They call you anti-semitic.
So they're not just playing the race card in this thing.
They're actually playing Marxism.
Uh, this witness was introduced by Republican Senator Bill Cassidy, uh, who has openly decried critical race theory, but apparently sees no contradiction here.
So the breaking points co-host that is absolutely right.
This is all of the stuff that the right has rightfully denounced, but they give it a pass because now it's Trump.
It's the GOP.
It's Israel.
So one person said how about anti-christianism or is that not a thing?
That's the Hodge twins Yeah, it's not a thing.
No, no, you can fair game One per Dave Smith says does this settle the whole who's woke debate?
Again don't use their terminology.
It is not woke.
It is Marxism and it is Gramsci Marxism to march through The institutions.
That's what this is really about.
Call it what it is.
Don't use their labels.
Don't let them come up with the labels.
Don't let them take the rhetorical high ground.
So Chris Minahan writes on social media, he said, Rabbi tells senators that the federal government must pass the Anti-Free Speech Act.
It's called the Anti-Semitism Awareness Act.
"...and must adopt the IHRA definition of anti-Semitism." This is a private organization, the International Holocaust, I think, Remembrance Association or something like that, but they push the Holocaust, and they're going to define what anti-Semitism is, and the U.S. government is expected to enact that private group's agenda into law.
Universities that tolerate anti-semitic harassment must face real consequences, says this puppet, Bill Cassidy, who has prostituted himself to Big Pharma.
Now he prostitutes himself to Big Israel.
We must pressure other governments to do the same thing, said Netanyahu.
And while speaking at a conference, that same conference where he said that, Trump's former U.S. ambassador to Israel, David Friedman praised Trump for jailing critics of Israel.
And we've, Chris Miniham also put up, ADL CEO Jonathan Greenblatt says the kind of genius behind the Patriot attack on Lebanon is now needed to fight anti-Semitism.
He said this in a speech to the Israeli Knesset just days ago.
So, is this a terroristic threat, he says?
Yeah, it's about violence, right?
The liberal order cannot defend itself, which is why it needs Christianity.
This is from the Daily Skeptic, James Alexander.
And, you know, the liberal order can't defend itself, and neither can conservatives.
Conservatives are still out there using these ridiculous labels that the left has created for itself, like woke.
They said most of us just think about the state, about politics and society, etc.
We barely think about religion, or if we do, there is a strident noise of disjunction As we do a gear change, as we attempt to think in a different mood.
I'm not going to talk about politics, I'm going to do something completely different.
Now for something completely different, as Monty Python would say.
But since the beginning and until the end, politics and religion will be intertwined.
You know, that's one of the reasons why the Founders intertwined them into the First Amendment, isn't it?
Because these are all the things that people, if they disagree with you on, they want to shut you up.
Our civilization might be only the slenderest intersection of an attempt to separate these Into the geological time scale like a thin stripe of comet dust running through the sediment Almost all ancient societies and many later societies simply associated politics and religion they call the result law or life or the way and so then he He continues on with it,
and he says, so the question is, since the West was founded on Christian principles, can the West survive without Christianity?
And we understand that even atheists like Richard Dawkins says, you know, well, actually, we need to have Christianity.
He just doesn't want the root of Christianity.
He wants the fruit of Christianity.
But he rejects the root, Christ.
And As this person is talking about in the UK, again the Daily Skeptic is out of the UK, he keeps talking about Christendom, Christianity, religion.
Folks, those are just as much the fruit and not the root as when Richard Dawkins is talking about, well, I like the architecture, you know, the cathedrals are amazing.
I like the Christmas carols and things like that.
Well, there's a lot of different things that we can look at.
But all of that is fruit and not root.
You can't have Christendom, you can't have Christianity, if you don't have Christ.
And that's one of the things that he doesn't seem to be connected to.
He quotes Michael Oakeshott, who wrote in 1975, who asked, what is the state?
And Oakeshott said there's two ideas about this, of association.
He said the first one is that we are associated in terms of law.
So we observe these laws, then we put in and enjoy the liberties that these laws permit.
This is individualistic, and Oakshaw calls this the civil association.
Well, I would disagree with that, because it isn't about creating laws that are going to make things work.
I think that's a backwards approach to that as well.
The founders of this country, when they did the Declaration of Independence, they said the purpose of government is to protect God-given rights.
And so I think that is the key thing, and that is what is truly individualistic.
But secondly, he said, we are associated in terms of a common good, and we come together to achieve some very specific end.
This is collectivist, and Oakeshott calls this enterprise association.
So he calls the first one civil association, the second one is called enterprise association.
He liked the individualistic, but he didn't like the Enterprise Association.
And if we look at the Enterprise Association and the common good, what do we see from that?
We see the public health tyranny that we just experienced, you know, for the last five years and are continuing to experience.
We see things like public education where the individual's concerns and interests and well-being is not ever considered with public health or public education.
Even with public transportation, it's all about the collective good.
And so, when you start looking at this collective enterprise association, you throw out the individual concerns.
He suggested the European or Western state is a compromise of both of these.
Oakeshott argues that state itself is, in its constitution, an awkward, equivocal, cognitively dissonant combination of the impetus to allow everyone to live as they want in peace and the impetus to establish by design and coercion and nudge the greatest good for the greatest number of people.
Which, by the way, that never seems to happen, does it?
It's always done for whatever that person who's running the government wants.
He said, what I am saying is that even if our ideal is that of civil association, we can't defend this idea, except in so far as we imagine ourselves to be an enterprise association, willing to fight in defense of that civil association.
He says, and he's writing in England, he says, so England, for want of a better word, will die if it is only a civil association.
We have to see it as an enterprise, he said.
So my suggestion is for the sort of restoration proposed by David Starkey, a radical one, I think that unless the English are willing to insist that England is Christian, and that the Church of England is a Christian church, and to make it so, not by force, But by institutional entrenchment, what does he mean by that?
Well, he means to have established religion He wants the restitution of ties and of religious tests and stuff like that I would just say that just like we see in Zionism where you have the people who said well, you know God's Given us his promise and he hasn't made it happen.
So we're gonna have to do it ourselves.
He's sleeping or something I don't know, but I don't like his timing We're gonna do it and I've got a promise here and I'm gonna make that promise happen.
We saw the same thing from Abraham I'm not going to wait for Sarah to get pregnant.
I'm going to impregnate her maid, and we saw what happened with that.
And folks, if you decide that you're going to, for the good of government, you're going to start baptizing people by the sword, that is not Christianity.
That is no relationship with Christ.
He is right from the standpoint that religion is foundational, but the way the American Position on this has always been, as John Adams said, we have a form of government that will only work, to paraphrase him, will only work for a moral people.
How do you get the moral people?
You can't force that morality on people.
It will flow naturally if they are in relation with Christ.
And if they're not, there's not anything you're going to do about it.
It's like the drug scourge.
That's at its heart is a spiritual issue.
And if you're going to try to address that, By law enforcement, that is only going to get worse.
This type of approach that he's talking about, as much as I agree with him on the necessity of that, that type of approach is doomed to failure.
Well, we've got our guest ready, and we want to talk about tariffs.
And I'm interested in hearing what he has to say.
Some of it I agree with and some of it I don't agree with, so we'll have an interesting back and forth, I think.
On Rumble, StealthPatriot, thank you for the tip.
He says, you'll own nothing and you'll be tired of winning.
He says, well, I'm halfway there.
I think he's at the own nothing stage.
Which, I don't know, as I look at that, whenever I hear these people say you'll own nothing and you'll be happy, I always think about that Chris Christopherson song.
Freedom is just another name for nothing left to lose.
And we may have to have everything taken away before we get our freedom back.
Who knows?
We'll see what happens.
We're going to take a quick break, and we'll be right back.
a quick break.
We're going to take a quick break.
You're listening to The David Knight Show.
Joining us now is Spencer Morrison, and his book is called Reshore, How Terrorists Will Bring Our Jobs Home and Revive the American Dream.
And just as a little bit of an introduction, Spencer Morrison is a lawyer, an entrepreneur, an independent intellectual with a focus on applied philosophy, imperial history, and practical economics.
He provides extensive pro bono legal services to the victims and the families of trafficked children.
Good for you, Smithson.
He also is editor-in-chief of the National Economics Editorial.
His work on tariffs and trade policy has been featured in major publications including the BBC, Real clear politics, Daily Caller, American Greatness, Western Journal, The American Thinker, Foundation for Economic Freedom.
So you get the idea, and I'm very interested to talk to him, because tomorrow is going to be Liberation Day!
Tomorrow we're all going to be free!
And we're going to be free because of terrorists.
So I'm going to let him give you his case for terrorists, and his critiques of free trade, what has been called free trade, and we know how NAFTA has worked out for us.
We've said on this program many times, we've talked about that giant sucking sound, as Ross Perot called it, and that sucking sound, I don't hear it so much anymore because I think everything's been sucked out of this country already, but thank you for joining us, Spencer.
Good morning.
Thanks for having me on the show.
Well, tell us a little bit about NAFTA.
You know, your critique of how we got to this point, you know, globalism as we look at it, it's also, to me, it's a technocracy when we look at it and we look at what is happening with China.
You make some very interesting observations in terms of gross domestic product and how we measure that and how we really are already lost so much ground to China.
Talk a little bit about that.
Yeah, certainly.
So I think where I'd like to start is So, understanding how foreign trade and the trade deficit actually works, it doesn't work the way a lot of people think.
So, if we take a look at last year, for example...
Now, let me just interject here.
You know, we talk all the time about the annual deficit with the budget of the government spending.
And we talk about the cumulative debt of like $37 trillion.
It used to be talked a great deal about trade deficit, but most people are not talking about trade deficit anymore.
And you talk a great deal about that.
So yeah, talk a little bit about the importance of keeping an eye on the trade deficit.
Well, the trade deficit really matters because it's the reflection of the offshore production of this country.
So I'm just going to walk you through this.
So when we're when we have a trade deficit, what that means is that we're selling more We're buying every more than we're selling, right?
So last year, for example, we purchased from foreign producers $1.2 trillion more worth of goods than we sold to them.
The question is, and this is the question that very few people actually ask, is how do we actually pay for that, right?
Part of it is paid for by selling services.
So America runs a trade surplus in services, so apps like Spotify or Facebook, that brings A decent amount of money into the country.
Last year in 2024, it was about $350 billion.
So that brings that trade deficit down.
But we're still left with about $920 billion that we need to pay for.
So how do we pay for that?
Well, we do it in two ways, because the Chinese aren't giving us goods for free, right?
So what we're doing is we're selling assets and we're selling debts.
Right? Assets are production that we made in the past.
So for example, a house.
If a house was built in 1973, the construction costs would have boosted the GDP in 1973, but not in any subsequent years.
But the house obviously retains value, right?
And land retains value.
So in order to pay for the trade deficit, we have to trade them something.
So one of the ways we're doing this is we're selling our assets like our real estate.
So every year we're selling a ton of that.
For example, in 2024, We sold $42 billion worth of real estate, residential real estate, so houses.
We sold $8 billion worth of agricultural land, and we sold $12 billion worth of commercial real estate.
So in order to get these goods, these allegedly cheap goods from places like China and Mexico, what we're actually doing is we're selling our inheritance.
Yes, I agree.
We're selling ownership of this country.
I agree.
Yes. And let me ask you, because we've had both Scott Besant and Howard Lutnick And also Doug Burgum, who is Interior Secretary.
They have all talked about the massive amount of assets that we have.
When Doug Burgum was in confirmation hearing, he said, we've got $200 trillion worth of federally owned land.
And later on, when he was doing an interview with Breitbart, he said $100 trillion.
So I don't know.
I guess it's a big difference in those two numbers, isn't it?
But whatever it is, they have indicated that they're looking at putting those assets to work.
And my question, and many people's question is, is that going to be a liquidation?
As you point out, we've got $12 billion worth of commercial real estate.
We've got $8 billion worth of agricultural stuff that's being sold to foreigners.
Are they now going to sell all of the land that is owned by the federal government?
Is that what this is ultimately working up to?
A lot of people are suspicious about that.
I know it's not about the tariffs issue, but that is one of the big concerns.
What do you think about that?
Is all this chaos that is happening with the tariffs, and that's another layer above and beyond the And I'm sympathetic to doing it through tariffs instead of income tax.
I just don't like both of them, but I'm also concerned about the chaos that is there.
And if this is to distract us from the fact that maybe there's just a great, uh, Americathon auction that is coming up in the future, just, I know it's kind of a side issue.
What do you think about that?
Well, I think that's a really great point to make.
And I think it's very troubling as a matter of fact.
Now, I don't have any insider information.
Typically, I refuse to make predictions because I don't believe that you can make predictions when we're dealing with a complex system like the economy.
The best we can do is make forecasts.
So I'm not going to speculate on that point, but what I will say is that there is an interesting historical parallel that is worth considering.
Think about what happened to the British Empire.
Yeah. We'll
say it was consideration for the products that were provided to the British Empire by America in World War II.
So, I mean, what we saw is that the British Empire and Great Britain was completely sold out, in large part because they were purchasing Far more than they were selling.
And I think that's a very real possibility for this country.
I mean, we're really in the same position.
We've run a large chronic trade deficit every year since 1974.
It's been 50 years.
The cumulative value of that trade deficit, when adjusted for inflation, is $25.2 trillion.
That has to be paid back.
And where's the money coming from?
Are we not going to consume anything for a whole year?
Probably not.
Or are we going to liquidate our assets and sell our past and mortgage our future?
I mean, those are the only options.
We've got to pay for it somehow.
How are we doing it?
And that's a good example.
That's a great example of Great Britain.
You know, we've seen other things in terms of usage of energy and stuff.
And you can see that when they were a manufacturing concern, they were using all this energy.
I used to hear people when I was in high school.
In the 70s decry the fact that America was using so much of the world's energy and said, yeah, it's because we're manufacturing most of the stuff that the world has.
And yet you see that has transitioned from America to China.
And so as the manufacturing is transitioning, and that's one of the key things that you're pointing out, is that the wealth of a country is about actually making things.
When you talk about China and the U.S. and GDP, you make that case, you say, well, okay, they've got We've got a higher GDP, but most of our stuff, as you just said, and as you point out in the book, most of our stuff is largely skewed towards services as opposed to actually manufacturing things.
Yeah, that's entirely correct.
I mean, the big issue here is that America's economy has shifted from a productive economy into a consumptive economy.
It's a service-driven financial economy, but that doesn't actually generate any material wealth.
For our own people or for the world.
I'd like to give a couple of really telling examples.
Sure. As to the difference between what a productive economy in China looks like versus the sort of financial economy in the States, right?
In terms of steel production, in 2023, China produced 12.6 times as much steel as America.
I mean, steel is the backbone of a nation.
Steel is what you use to build skyscrapers.
It's what you use to build automobiles.
Without steel, and I think President Trump has pointed this out correctly, no steel, no nation, right?
So right now we have a problem where we don't actually produce enough steel to replicate our own economy.
We consume about 20% more steel than we produce.
Concrete's even worse.
So you can look at the development of a country along how many resources it's consuming.
Directly tied to how much people are building.
Are we building a country?
Right? China produced 22.9 times more concrete in 2023.
I mean, the level of construction and creation that's going on in China is orders of magnitude larger than what's going on in this country.
Power consumption.
They're consuming more electricity.
And I think you made a very good point when you're talking about You know, Britain's shift to these so-called green energies.
I mean, the amount of energy that people are able to use is directly proportional to the wealth of that population.
I mean, the switch to electricity from animal power, or the switch even from animal power to steam power, I mean, these were tectonic leaps in the wealth of mankind, right?
And it's because of the sort of access that we had to power, right?
Right now, America's falling behind on our power consumption.
And as a result, our prosperity is going to follow our power consumption.
I agree.
Ship tonnage.
America doesn't even make ships anymore.
All of the goods we consume are shipped on Chinese and Korean-made vessels.
America doesn't make any ships anymore for the merchant marine.
Automobiles, it's another one.
China makes more automobiles than we do.
We're import-dependent on foreign automobiles.
About a third of the automobiles we consume come from foreign producers.
Right? Computing power.
We're now on parity with China.
Right? Computing power, AI, I mean, that's a sign of the future, right?
That's tied to power consumption.
And China is just shy of where we're at right now.
It's very dangerous because they've got very good AI.
I mean, look at DeepSeek compared to ChatGPT, right?
I mean, China's got some very powerful AIs with some very energy-intensive GPUs.
And they're gonna make good use of that.
One more thing, or two more things, okay?
I know I'm rambling here, but I think these are really important statistics.
No, they are, yeah.
So, two more things.
Machine tools.
Machine tools are the tools that shape metal, shape our products, right?
We need machine tools to make more machines.
The market share for America, we used to produce over 50% of them, now we're producing 7%.
China produces 31%.
We actually produce fewer machine tools in Italy, which is crazy if you think about it.
Wow. And then silicon chips.
We're dependent on silicon chips, right?
If we stopped trading with China and Taiwan, this economy would shut down.
We don't make enough computers.
The funny thing is that the machinery we use to make computers, the photolithography machines, we don't even make those in America.
Those are made by one company in the Netherlands.
They're shipped to Taiwan.
The chips are printed in Taiwan and then we buy them.
But that whole supply chain, you know, is offshore.
So America is completely dependent on foreign suppliers and designers for computers, which go in everything.
They go in our aircraft.
They go in our cars.
We use them at work.
We're on the computer right now.
This economy shuts down without computers and we can't even make them.
Well, you know, it is one of the Things that has come out of NAFTA and free trade and globalist trade is these long and complicated supply chains that we have, as you're pointing out.
I mean, even when we look at the effects of an EMP, for example, the fact that it's going to blow out transformers that are made by one company in Germany, and they've got a long lead time for doing these things.
So if you had massive destruction of a lot of these things, it's going to be a long time before people can get a replacement for it.
So it is what the free trade regime has created.
A very complicated, easily destroyed supply chain, and we've all been set up for a complete collapse, I think, and this is globally.
It's not just going to affect us, it would also affect China.
Yes, they are more independent, and I think a lot of that goes back to energy, and
that That's Because they've
shut down their steel plants and they can't afford to compete because their energy is so expensive.
It's like four times as much as it is even in Germany, and Germany can't compete with China.
I think that's one part of the China price that nobody's really talked about.
Energy, and that has by design been turned over to China.
But you had a couple of interesting things when you talked about, first you talked about GDP.
And then you pull that back and you said, well, GDP inflates America's position.
You said it's better to look at the purchasing power parity, and that changes it considerably.
Talk to the audience about what that is.
Yeah, exactly.
So typically the way GDP is marketed to the American public is it's based on the value of all the goods and services produced in the country.
It's measured in relation to the American dollar, because we're the yardstick by which other countries are measured.
The problem of doing it that way is that it really undercuts the actual production in the rest of the world, because the value of a dollar is different in different countries.
So, essentially, if you look at the value of production and you account for that sort of inflationary differences, what we find is that China's GDP is not simply equal to America's, which is what they'd have you believe.
It's about 50% larger.
It's even worse when you look at just the productive components of the economy, right?
So, America's economy is heavily based on services industry.
You know, in any given year, about three quarters of the economy is services, right?
So things like accountants, lawyers, massages, restaurants, all of those things that are, you know, produced and consumed simultaneously, those are services.
But in terms of producing long-lasting value, like steel and concrete manufacturing, China's economy is not just double America's.
It's, hang on, I have the number here.
You got it that it was three times larger than America's, their productive economy.
Yeah. Yeah, three times larger.
Yeah, that sounds correct.
I just wanted to look to see if I had any numbers, any more specific numbers for you.
But yeah, it's about three times larger.
I've got the section here, and I thought this was really key.
You said in 2022, service accounted for 80% of American GDP.
That means that America produced just $5.3 trillion worth of physical output.
Meanwhile, just 52.3% of China's GDP was services, so 33% of its economy was industrial output.
In total, China's productive economy was $15.7 trillion, or three times what America's was.
I thought that was very interesting, and especially because, you know, when you look at it, you talk about, you know, normalizing it in a sense for the American dollar.
That is one of the things that they have done in order to help them with the China price.
Part of that is currency manipulation, as well as slave labor and other things.
Now, of course, they have a tremendous energy advantage, and that was given them by fiat.
All the rest of the leaders of the West decided that they were going to hand this to them on a silver platter.
And so we've had this global move.
To establish them, I think, really as kind of a beta test site for technocracy.
What do you think about that in terms of China's position and how that's been handed to them?
I think it has been handed to them.
I think that's exactly correct.
China's trade policies, to begin with, they were explicitly designed to focus on predation.
on the American market.
And China has used the American market to leapfrog the scale of their industries.
Back in the 1980s when China was opening up for business, and even in 2001 when China joined the World Trade Organization, they did not have the purchasing power to actually consume the goods they were producing.
There was simply no market for it.
The market that they were piggybacking off of was America's.
So China's rise was impossible Without the cooperation of America's politicians.
Now the question is, why did America's politicians do this?
I mean, what was the benefit that they accrued by offshoring America's factories and jobs to China and making us dependent on Chinese imports?
I don't think it's a question that you can answer from an economics perspective.
There's simply no long-term justification for doing so.
I think you can somewhat justify it on a short term.
I mean, obviously, offshoring factories is in the short-term interest of any given company because they reap costs and benefits by moving factories abroad and that sort of creates a cascade of offshoring.
I call it in the book, I call it the offshoring vicious cycle.
So, I think there's a bit of that, but you've got to remember this was a top-down policy choice.
I mean, since 1789, when the first Tariff Act was implemented under George Washington, America has run high tariff policies.
In fact, this nation had the highest average tariff rate throughout the 19th century.
It was only in the 1970s that the tariffs were abandoned, and that's when you start seeing this offshoring.
To China and other countries, right?
So this was a deliberate policy choice to integrate America's economy with the world at large.
It's hard to speculate on motives.
I mean, we can look to the EU, the European Union.
The European Union began as a European Coal and Steel Commission, and in the documents that were written by some of the founders and the debates they had, You know, one of the things they wanted to do is they wanted to prevent the outbreak of a third world war.
They wanted to make, and I quote, they wanted to make war materially impossible.
Right? And economic integration, the idea was, is that it will make war impossible because, you know, simply you won't be able to fight.
If France is getting all of their coal from Germany and Germany is getting all of their steel from France, how can either country go to war when they need the other country's resources?
So I think that may have been part of the impetus, but I mean this really brings us all back to globalism and one world government, right?
If America's economy is fully integrated with that of the globe, America is not economically independent and therefore political independence will fold in the future.
I think that's their endgame, ultimately.
I agree.
When we look at it in the European Union and Bilderberg, where they first talked about having a euro and things like that, I kind of look at it as not just that economic ties are going to make things more peaceful, actually.
You talk about it perhaps being exactly the opposite in your book.
I think it was a recognition from them that it would be a shorter path to global dominance if they went through the economic issue rather than through the tanks and planes.
You know, they could achieve global government economically with a, I don't know, maybe a world economic forum.
They could maybe do that more quickly and more efficiently economically rather than with tanks and planes.
And so I think that was a big part of it.
Exactly. You talk about how, you know, this whole idea, well, if we trade with people, we're not going to go to war with them, but you say that's exactly the opposite.
Talk a little bit about that.
Well, I think it's very interesting if you look at the countries that are the most warlike throughout history.
Those countries are always the ones that are the most reliant on trade, or the most economically integrated.
And the reason for that is that disputes over resources, especially when one nation relies on a particular resource for its own economic well-being, basically necessitate conflict if the supplies are not available.
A really great example of that, well, we can go all the way back to the Peloponnesian Wars in the 4th century Ancient Greece.
You know, I'm a classics guy.
I love ancient history.
There's a lot to learn there.
A great example is the city of Athens.
The city of Athens had no access to timber, and it had very limited access to grain, which resulted in the city of Athens trading with all of these other cities across the Aegean Sea for timber and grain.
This ultimately culminated in the creation of the so-called Delian League.
whereby all of these states sort of under the umbrella of Athens entered into basically a big free trade agreement.
And this, over the course of about 20 years, transformed into the Athenian Empire.
And this pitted them directly against the other Greek states led by Sparta.
It was wars over resources, right?
And you see the belligerent The party in that case was Athens.
It's the same thing when we look at the history of Great Britain.
Great Britain has been, I would say, the most belligerent nation in the last thousand years.
A big part of the reason for that is that Britain has been relying on imports this whole time.
If there's a shock or a problem in acquiring imports in Britain, well, they have to go to war.
This is part of the reason the British Empire was the biggest in world history.
Because Britain itself, if it didn't have an empire, the country would starve, right?
So countries that trade together often end up in conflict, and the converse of this is also true.
The United States of America, and I say traditionally as in, you know, sort of the 1800s, had an isolationist approach, you know.
Now that we are engaged in foreign trade, we have taken the mantle from the British Empire.
It's been the most belligerent of the countries.
And all the bloodshed that goes with it.
That's right.
We had Pax Britannia, and now we have Pax Americana, and it's not really peaceful.
It never is.
That's right.
One of the other things that you said, I thought it was a very interesting insight, and we'll get into some of the specifics about what's happening with Liberation Day here in a moment.
Darrell Bock of textiles and how in Christendom the Greco-Romans had used slavery and it was the impulse of Christians to invent machines so they didn't have slaves.
And you talked about that as being a fundamental aspect of production, and when you said that I thought about We're good to go!
I'm going to enslave those other people over there!
And yet it has redounded to our harm in doing that type of thing, deciding that, because that's a big part of the Chinese price, was the cheap labor, even slave labor that's there.
But talk a little bit about, because that's a key part of your argument in favor of tariffs, was the way that the King of England Protected himself from the the textile industry that was being done by what was it the Flemish?
I think it was Yeah, it was Flanders.
Mm-hmm.
Yeah, so it's very interesting the rise of the rise of England As in as an industrial powerhouse begins long before the Industrial Revolution It actually begins around the year 1200 AD at that time Christendom I don't know if we're still Christendom, but at the time we certainly were.
Right? A big thing in Christendom was investing in machinery, because obviously slavery was illegal.
There was no slavery as there was in the Roman world.
So in Christendom, we invented all sorts of, we call this the first industrial revolution, right?
This is in sort of the 1200s, 1100s, when windmills and water mills, treadmills, all of these things were being used In a new way to mechanize the production of, you know, grinding grain, moving cranes, pulling cloth, things like that.
And Flanders, which is an area in Northern Europe, Belgium, Holland, that area became sort of the mechanical hub for Northern Europe where the textile industry really flourished and took off.
In Flanders, they were essentially purchasing cheap English wool.
Turning it into finished textiles and then selling that cloth back to England, you know, at a higher price, right?
So England was sort of in a colonial trade paradigm where they were making raw materials, shipping it to the Metropole, and then buying the expensive products back.
Does that sound familiar?
Oh yeah.
Exactly what was happening to America in the colonial period.
We were doing the same thing to England, right?
That's right.
So what England did was very, very novel and very, very smart.
A succession of English kings banned exports of wool to Flanders.
They put on high tariffs.
They even paid textile mill owners and machinists from Holland to settle in England and teach English how to make cloth and set up these factories.
And as a result, England actually, because they already had the wool, they had the raw materials, they shut down the Flemish textile industry.
England became the main center, the main hub of production.
So, for example, the cloth production rose from 1350, just 5,000 balls of cloth in England.
By 1500, it was 80,000.
England became very, very rich during this period, relative to its rivals, because rather than focusing on low-tech, low-value agriculture, they were now the hub of manufacturing and textile design.
That core industry is what gave birth to the Industrial Revolution.
England had all of the factories, it had the tinkerers, the inventors, it had a population that was very knowledgeable about machinery, and that allowed the Industrial Revolution to really take hold in England in the latter half of the 1700s and early 1800s.
And it would have been impossible without having that industry there, right?
Because industrial development is path-dependent, right?
So if you're on sort of one track, it's very difficult to switch tracks later.
That's why countries that were early adopters of industrial technologies are still the richest today.
There's a long latency effect.
You even look at the difference between the countries in Eastern and Southern Europe versus Western and Northern Europe.
In different regions of those countries, like Northern Italy versus Southern Italy, you have in many ways very similar populations, but you have one side of the country that industrialized and one side that did not.
And it's taken, you know, 300 years, 200 years to catch up and they still haven't caught up, right?
Because the cutting edge is where all the economic growth and wealth flows to, right?
So if you're at the cutting edge, it's easy to stay there and it's hard to get there.
So that's the whole point of tariffs and the whole point of this book is a reminder That America is at the bleeding edge of technological development.
But if we hollow out our industries and if we reduce our human capital so that people don't know how to make things, we're not going to be able to stay there.
And once we lose that position, it's very, very difficult to get back.
It's taken China a century to get back, right?
After the opium wars.
Over a century, actually.
Yes. Right?
And since 1980s, It's decades and decades to get back in the driver's seat, and we're already there.
Why leave?
Yeah, I agree.
Well, there's a whole lot of things that come together with that.
Again, it's the availability of energy, and we've had our political leaders in the West have decided that they don't want us to have affordable energy.
And that's not just a measure of our lifestyle, but it's also a measure of life expectancy, cheap affordable energy.
So our own leaders have been undercutting us, and I guess that's part of the problem that I have with looking at We're good to go!
energy as a form of creation.
You know, when we have politicians who have done these types of things for their own benefit and also the aspect of central planning, as I said earlier in the show, The concern that I have with the tariffs is that it requires a lot of central planning.
Who are the winners going to be and who are the losers going to be?
And we've seen that that fits perfectly with the Chinese Communist Party, but it's a bit of a problem here in America.
Early on, we had, and you're right, you talk about this, the fact that Washington had put tariffs in.
You say that Jefferson was a bit reluctant about it.
He was more of a free trader.
I think he was maybe not on behalf of protectionism, but he bragged in his second inaugural address I've talked about frequently on this show that he had eliminated We're
But later on, as you pointed out, in 1812, he came around to Washington's thinking in terms of protecting of industry because that was on the cusp of the 1812 invasion by the British.
He realized that it made us vulnerable from a defense standpoint.
But when he was doing it, it was for revenue.
Later on in the 18th century, it was about protectionism.
I'm not really clear what's going on with Trump because he is more than anything focusing it on a blanket attack on individual countries.
We're going to wind up with an income tax plus a tariff, and he doesn't seem to be focused on any particular industries.
But even with that, I think that the tariff aspect is a bit troubling in terms of allowing the government to pick winners and losers.
What do you think, first of all, about that?
The protectionism, and it's linked to central planning.
Yeah, I think the first thing that I'll say is that one of the things that has made this country so great and economically productive is that it has historically been very decentralized in its economic production, and I think that is an integral and key ingredient in keeping America rich.
If we want to make America great again, America has to be free again, and part of that is economic freedom.
This sounds like a paradox.
On the one hand, Mr. Morrison, you're in favor of tariffs.
On the other hand, you're saying we need economic freedom.
I don't think it's a paradox.
And the reason for that is that tariffs...
It's not about picking winners and losers.
Every policy choice is going to have a winner and a loser, regardless of whether you do something or you don't do something.
We talked earlier in the show about the switch to economic globalization.
That was a deliberate policy choice.
So America used to have high tariffs.
The government decided we're going to get rid of those and instead we're going to globalize the economy.
That was a policy choice.
And the question is, did that policy benefit the American people?
And I would say no, it didn't benefit the American people.
I don't think that we have access to better quality goods today.
I don't think we necessarily have access to a better variety of goods today.
And the reason for that is because somebody is going to win and somebody is going to lose.
Ideally, the market picks who that is.
The problem is that if we don't have trade barriers like tariffs or, you know, other...
I mean, tariffs are the main one, but there are other ways of doing it as well.
If we don't have those, rather than the American people picking the winners, It's really foreign governments that are picking the winners.
A good example of this is China.
So China engages in all sorts of asymmetrical trade with America and American companies.
Chinese manufacturers are given preferential land treatment.
They are given massive loans and export subsidies.
They are given asymmetrical access to markets so they can sell and prove up their products in Chinese markets.
Well, still having access to American markets, but American companies don't have that same access.
As a result, what often happens is Chinese companies, backed by the Chinese state, are able to out-compete American free enterprise.
And it has nothing to do with the quality of the product, and it has everything to do with the fact that the Chinese are simply able to dump their products at below market rates and prices For 20 years until they killed the American businesses off, and then they have a monopoly.
So the problem is that American businesses are operating on a private enterprise model.
That's not a problem, and that's what we want.
But what I'm saying is that in an international competition where you have private American enterprise and small business competing against the Chinese government, they're never going to win.
And as a result, who's picking the winners and losers?
In a free trade paradigm?
And, you know, free in air quotes, it's not really free, but in the sort of economic globalist paradigm, China's government, Germany's government, Canada's government, they're picking the winners and the losers.
In a tariff model, the American public, you know, has a better opportunity to actually pick the winners, because it's going to level the playing field between these foreign producers and American producers.
I guess what I see happening, for example, a Taiwan semiconductor manufacturer, TSMC, right, they've been given I think tens of billions of dollars because, as you pointed out, they are so incredibly productive in Taiwan that, you know, that's the big prize that's there, why the U.S. and China are both fighting over that.
So the idea is let's get them to come here and open up in America.
Let's onshore these manufacturing processes that are over there.
And they have given them massive amounts of money.
It's not really working out yet for them.
And I guess when I look at that from a Thank
you. With just stadiums being built because they love to have The the pride of having a professional sports team there of some sort they're more than willing to Give lots of money billions of dollars to these billionaires who?
different teams and Have it paid for by the small local businesses that are there and say well This is great for the economy, and it's like yeah well except that you know you're kind of directing this and maybe it's not being done very efficiently Maybe not as efficiently as a competitive market would do I think so.
a more sophisticated, bigger version of these local stadiums being built for sports teams.
And so that's my concern is that the American government in many ways is trying to imitate the central planning picking of winners and losers that we see happening in China.
All right.
I think that's always a risk.
I don't think it's the right way to do it.
What I would like to see is the President stick to the game plan of instituting reciprocal tariffs.
The idea being that American industries are the most productive in the world, and if the playing field was level, we would be able to out-compete everyone else.
That's ultimately what we'd like to see.
Reciprocal tariffs, right?
America's industries are actually more efficient on a per unit, on a per cost basis.
America's factories are more efficient than Chinese factories.
They're more efficient than German factories.
And they're more efficient than Canadian factories.
The issue, again, is that all of these other countries are engaged in this sort of asymmetrical industrial policies that are artificially lowering the costs to the detriment of, you know, America's industries.
And then, of course, when they conquer the industry, then they can jack up the price.
I agree.
What I'd like to see is reciprocal tariffs so American companies can compete.
We don't want to pick winners and losers because the reality is we're going to win.
if the playing field is level.
I agree.
I agree.
Yeah, I would agree with you on that.
Yeah, what we see a lot of with Europe as well as with China especially, it used to be called, when I was in high school, they call it urosclerosis.
You know, they would so highly regulate everything that was there that they really couldn't move quickly.
They couldn't adapt.
They couldn't change.
Whereas you had less regulation in the US. And so the companies were able to flex with demand and technology.
Thank you for having me.
On the one hand, you know, you have the protectionism that we've seen in Europe.
Now we see it in China.
But on the other hand, they hobble themselves with a highly centrally planned economy and a great deal of regulation.
And I guess my concern about this is when I look at it and look at the nimble free market Thank you.
These companies that we need here in America, rather than just protecting them because we think that that industry is important.
What do you think about that?
Do you see much in terms of a focus on deregulation and that being a really key component?
Because I think that was a key component of what happened in the prosperity of America.
It wasn't just tariffs at the border, it was freedom on the inside, as Jefferson said.
People inside the country don't know a taxman, and they certainly didn't know somebody who's going to come around and micromanage their business in the name of saving the planet from CO2 or something, right?
Well, that's exactly correct.
It's not an either-or proposition.
It's a both-and proposition.
We need tariffs to balance out the market asymmetries so that American companies have an opportunity to compete, because right now they're getting killed.
They don't have an opportunity to compete.
So we need to preserve the ability for them to compete.
But part and parcel to that is we don't want to go the European model and just say, oh, we're protecting everything, let's overregulate.
We don't want to do that.
America was at its best and most vibrant economically in the 19th century.
And there was two critical components of that.
Number one, it was high tariffs, which promoted domestic manufacturing and domestic industry.
But number two, you're entirely correct, this was the most free country in the world.
We had robust property rights, we had economic and political freedom, the freedom of speech.
At the time we had a very functional patent office.
It's not like that anymore, but at the time it was very functional.
And this allowed Americans to invent and to prosper off of their inventions and to build industries without being crushed by cheap foreign imports.
So we need both.
On the one hand, we need tariffs, but that's not in and of itself going to be enough.
That's just going to get us to where Germany is today, which is not great.
We need to go back to our roots and to have decentralized economies.
We need to cut regulations and we have to cut taxes.
And what I'd love to see, what I'd love to see, is the tariff being, you know, reduced by domestic taxes.
So any money that we collect from the tariff, it's a one-to-one reduction in domestic taxes, whether that's import taxes or, you know, consumption taxes.
I mean, ideally there's no income tax.
But what I'd love to see is the The money coming in from the tariffs reduce the internal tax burden on a one-to-one basis.
That would be, I think, great, because then we'd have a revenue-neutral policy that promotes American industry and labor, which doesn't actually have a cost associated with it.
And then tied to that, obviously, cutting Cutting welfare and making the government less bloated.
We need to do that regardless, right?
Well, it's kind of interesting because, you know, first they were talking about hundreds of billions and then Trump said, well, maybe about a trillion.
Then we had Peter Navarro say tariffs will be a $6 trillion tax increase.
But then he said, because he would use it as a reduction, he said, we'll use it to Thank you We're
taxes certainly there's been a lot of people in the media that are favorable to trump who've said well we're going to get rid of the income tax that of course is not going to happen at all they made it very clear that they're going to make these tax cuts permanent or they're going to take off taxes for this particular for waitresses
for example or whatever they're going to take off taxes for tips so that means that they're going to keep the income tax they're going to keep it pretty much at the same level that it is this is going to be an additional tax i'm assuming we still don't know because there's been so much back and forth
and it's been so volatile and i guess that's one of the key things you know we talk about tariffs and taxes and regulations but of course chaos and volatility is a big big issue in the economy as well i mean what do you i know you don't make predictions
I think the branding is very, very bizarre and a little schizophrenic, and I think you pointed this out in a previous program.
You had mentioned that You know, on the one hand, we're saying tariffs are going to bring jobs back, and on the other hand, the tariffs are going to increase and we'll get more revenue from them in the future, which should be precisely the opposite.
If the tariffs are successful, the tariffs should actually go down.
That's right.
Because we're going to be getting the money domestically, right?
And the whole point of the tariffs is to increase the size of the pie within the country, so that you can generate more money within America.
And you can lower the taxes but get the same amount of money because we're going to have more GDP in the country, right?
And that's sort of the point of tariffs is to create long-run economic growth, right?
So I don't really understand the branding.
I don't know if it's just about scoring political points or who knows, but it doesn't make a whole lot of sense to me.
But just speaking about the historical value of the policies and what we can expect, we can expect That if President Trump stays the course and institutes reciprocal tariffs, like he said he's going to do, that is going to create a large incentive for factories to reshore their factories in America.
It's going to create a lot of jobs.
It'll create, you know, predicate jobs.
And that ultimately will increase purchasing power in the long run.
Let me ask you from a practical standpoint, since you focus a lot on tariffs, what are the impacts of, you know, he replaced NAFTA with USMCA, what are the impacts of that going to be?
I mean, it seemed like when he first announced these things in January, they were kind of taken back and surprised that, oh, wait a minute, we have a treaty here on this.
Is he, to what extent are you aware that he is hamstrung in terms of what he can do with Canada and Mexico, for example, because of the USMCA?
I don't think he's hamstrung legally.
Politically, it may be a bit of a bind, but I think the President has shown that he's willing to burn political capital on this issue.
So I'd like to see him push forward on this issue.
But I mean, if they've got something in the USMCA that is an agreement there, part of one of the things that I don't like about NAFTA or USMCA was that they had a mechanism in there where a corporation, if they felt that they were being unfairly tariffed according to the agreement, could take the country to arbitration.
And so, I mean, they would get that back.
So, you know, I guess that was my question.
I don't really know how that plays out since there was so much done to distribute supply chains for automobile manufacturing over the three countries and all of a sudden you're going to cut that and say now that's not going to happen anymore.
I'm just wondering just how much of this stuff they can practically do and maybe that's part of why there's this big debate inside the administration and uncertainty about what they're going to do.
What do you think?
Yeah, I mean, The very fact that the so-called free trade agreement allocated production across Canada, America, and Mexico just goes to show that it's a centrally planned agreement, it's not free trade.
That's right.
I mean, it's a self-healing thing.
That's what Ron Paul said, or somebody said that, you know, well, if it's a free trade agreement, you don't need a thousand pages to define that, right?
Yeah, exactly.
So, I mean, the whole thing's a bit of a, I mean, it's a sham agreement, so whether or not, you know, it has any teeth is a question.
I suppose for trade lawyers, I don't do a ton of that myself.
What I'd say is that the focus ultimately, I mean there's a big show about the asymmetrical trade with Canada.
Okay, whatever.
Canada is the size of California.
It's not a big deal.
What we really need to be focusing on is China, right?
And there's no such agreements that are going to be binding with China.
If we dealt with China, I mean it's an 80-20 Pareto principle, right?
China's doing 80% of the damage.
Let's deal with China and forget about Canada.
Ultimately, if Canada engages in asymmetrical trade policies with the states, it's not really that big a deal.
Canada's a tiny country.
China's the one we've got to deal with.
And yet we see from Trump, you know, what is the long-term strategy?
Is it to deal with China?
Because he's already said, well, I'm going to increase your tariffs, but I'll pull them back off if you let us buy TikTok, you know?
So we get these mixed schizophrenic policies that are there.
like, okay, so are you really trying to protect us from China?
Or is this just some kind of a thing so that you can sell this to your friend, get your friend to be able to buy TikTok?
I don't understand what's going on with it at all, but we're just going to have to wait and see.
It's very interesting to talk to you.
And I agree with you in terms of forms of taxation, and we've always had in the past a lot of different plans about how we could change the way taxes are done.
I don't like the income tax because of the intrusive nature of it, because of all of the time-consuming compliance with it and everything, but, you know, so there's a lot of different things have been proposed, you know, All kinds of sales tax things or flat taxes or whatever everybody was always concerned that we're gonna wind up with both of them So my concern with all of this is that we're going to wind up with six trillion dollars worth of new tariffs as well as income taxes But as you point out if they on short those that
tariff revenue goes away So I guess that's one of the reasons why they're keeping the income tax there, but it's great talking to you And again, I'll remind people the name of the book Thanks
very much.
The book is currently available on Amazon.
It can also be purchased directly from Kalamo Press.
And if you'd like to hear more on terrorists, I'm always available on X or Twitter or whatever it's called these days.
But it's real SP Morrison.
Okay, great.
And Calamo Press, is that calamopress.com?
Is that where people can find the book there?
Yes. I want to try to encourage him to get it outside of Amazon if at all possible.
Talking about decentralizing.
That's another way that we need to decentralize.
Very interesting talking to you, Spencer.
Thank you so much.
Again, the book is Reshore, How Terrorists Will Bring Our Jobs Home and Revive the American Dream.
But as he pointed out, we need a lot of different things to happen.
We need especially to have deregulation.
That's an important part.
of the formula that made America prosperous in the 1800s, and that's a part that seems to be forgotten.
Thank you so much for joining us, Spencer, and thank you, audience, for joining us.
Have a good day.
Good evening.
Tonight's tale is a story of paranoia and a most unexpected perpetrator, the common cow, or, more specifically, what comes out the other end.
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But one must wonder, is this truly about saving the planet, or are we simply being led to pasture?
Is it merely a MacGuffin?
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