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April 3, 2025 - The David Knight Show

03:01:28

Thu Episode #1983: Tariff Spins, Flip-Flops, Acquiescence, Resistance

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	As the clock strikes 13, it's Thursday, the 3rd of April.
	Year of Our Lord 2025.
	Well, today we're going to take a look at the long-awaited Liberation Day.
	Trump finally made up his mind, or somebody made it up for him, And when you look at the figures, it looks quite reasonable.
	But we're going to look at where these figures come from.
	Are they lying to you with numbers?
	The government would never do that, would it?
	They would never lie to you about COVID cases, or employment numbers, or inflation numbers, or tariff numbers.
	Even their own figures raise questions about consistency.
	So we're going to begin with that.
	We've got a lot of things to talk about, but that's going to be our number one issue.
	We'll be right back.
	right back.
	Yeah, they had to wait another hour to make up their mind yesterday.
	That's kind of funny, actually.
	It's not often easy and not often kind.
	Did you ever have to make up your mind?
	Did you ever have to finally decide?
	And say yes to one and let the other one ride?
	There's so many changes and tears you must hide.
	Did you ever have to finally decide?
	Bye.
	Yeah, they finally did have to decide.
	They were going to do it yesterday at 3 o'clock.
	Then they delayed it to 4 o'clock.
	And when you look at their charts, it's pretty sloppy work, actually, quite frankly.
	But yeah, they did have to finally decide.
	And here's what they were, the horns of the dilemmas that they've been twisting and flipping on.
	You know, we've had Trump be the Jekyll and Hyde of taxes since the inauguration.
	Since even before the inauguration.
	I'm gonna do this.
	No, I'm not gonna do this.
	Yes, I'm gonna do it.
	So he's transforming behind the scenes and these are the things they were discussing.
	This is what Bloomberg said before this was announced.
	They said, well, there's reports that there's three different options that they're looking at.
	And of course, I think this is true because we've heard all of these publicly floated.
	One, a blanket 20% tariff on all imports.
	Two, a tiered system with three different rate levels.
	Or three, a country-by-country rate model.
	Well, they went with part of one and number three as well.
	I mean, part of one instead of a 20% tariff on all imports, they did 10% tariff on all imports.
	And then they added to that a country-by-country rate model.
	They called it retaliatory tariffs.
	And you had Treasury Secretary Scott Besant go on TV and he said, okay, just understand If you don't do anything, that is as high as it's going to get.
	And if you challenge us, it's going to go even higher.
	So we're going to take a look, because there's been some immediate responses.
	Some people have pulled back and said, well, I don't think we're going to do anything.
	Other countries have said, we're going to fight you on it.
	And others have capitulated to this.
	And so what is this really about?
	And where did these numbers come from?
	They had to finally decide.
	Except I don't think this decision is final.
	I think they will continue to do this because I think the most important thing for Trump right now is chaos.
	I believe that that is his intention.
	Now, I'm a conspiracy theorist.
	I'm a skeptic.
	I'm cynical.
	I think that he's doing this deliberately.
	This thing of chaos.
	Again, when you look at the tariffs, they had a lot of time to prepare for a lot of things, and that this is going to be such a big deal.
	And it is a big deal!
	He says it's the biggest deal ever!
	It's going to completely reset the international trade rules, and so forth.
	So you might have thought that there would be people in his administration that would have war-gamed this, that would have had a plan, that would have announced it, instead of on again, off again, on again, we're going to do this, and we're going to do it later on.
	So Trump has imposed a 10% tariff on all countries.
	Reciprocal levies are on trading partners.
	He said the tariffs would return the country to its prosperity of previous centuries.
	And see, this is another thing that I don't buy.
	They're going to tax our way to prosperity.
	Folks, this is nothing but a New York Democrat lie that we've heard all the time from New York Democrats like Donald Trump.
	That's what he is.
	Trump's a Democrat.
	Tulsi Gabbard's a Democrat.
	RFK Jr. is a Democrat.
	Elon Musk is a Democrat in terms of their philosophies.
	They're not for freedom.
	They're not for limited markets.
	And quite frankly, they're not for the social things that people are so excited about either.
	They will assume those positions, but they have no principles.
	And if they're going to assume positions without principles, Then what you wind up with is a constantly shifting sand underneath your building.
	So, he's established reciprocal tariffs.
	10% baseline plus these tariffs.
	Reciprocal levies will be approximately half of what the trading partners charge.
	Well, that sounds reasonable.
	Except their numbers are not reasonable at all, right?
	For example, China currently has a tariff of 67% on U.S. imports.
	U.S. reciprocal tariffs on China then will be 34%.
	Trump has also announced a standard 25% tariff on automobile imports.
	He said, from 1789 to 1913, we were a tariff-backed nation.
	And he said that was the basis of our prosperity.
	Look, the basis of our prosperity was low taxes.
	These are not going to be low, and the income tax is not low, and none of the taxes are low.
	None of them!
	God only asked for 10% when he had a theocracy with Israel.
	Okay? You find a tax that is 10%, you get sales taxes that are 10% on many things in many states, and then this is all above and beyond that.
	The taxes are out of control.
	The spending is out of control.
	The debt and the creation of money is out of control.
	Regulation is out of control.
	By raising taxes with tariffs, that's not going to fix anything.
	It's not going to fix anything.
	If the government is too big, too intrusive, too expensive, adding another layer of taxes doesn't help anything.
	Now, we can always talk about how the taxes should be structured.
	But the bottom line is, they're just too big.
	It's that guy who keeps running for office in New York.
	It's a black guy.
	And he goes, the rent's too damn expensive.
	That's just his campaign slogan.
	That's all he says.
	Well, you know, the taxes are too high.
	And taxes are rent that we pay.
	Property taxes are rent that we pay.
	All these taxes are essentially rent.
	So he said, in 1913, for reasons unknown to mankind, They established the income tax so that citizens, rather than foreign countries, would start paying.
	I think most of us know why they did that in 1913.
	He ignores the creation of the Federal Reserve, but I think we all know why they made that pivot to internal taxes and the Federal Reserve at that point in time, but we'll just pretend that it's a mystery for reasons unknown.
	Look, Again, as I said before, Jefferson, he made government small enough that he could fund it with some small tariffs.
	If you make government small enough, as Ron Paul has said, it doesn't really matter too much the form of taxation.
	Now I think the income tax, and I've said this before, the worst form of taxation, because of the heavy reporting, because of the self-incrimination, there's a lot of paperwork and all the rest of the stuff, it's the worst form of taxation.
	But we don't want to just pile more and more taxes on it.
	You see, that's the key that governments always do.
	It's just a little bit of tax here and a little bit of this tax over here and then another tax over here and another one over there.
	They don't want you totaling this stuff up.
	Trump doesn't want you to total this stuff up either.
	And so he puts out a table.
	Pull up the tables there, Travis, and show some of those.
	um Um.
	They've got a lot of big tables there on the market reactions story from Zero Hedge, but I didn't put those in the deck.
	But, you know, you look at China, at 67, as I said before, it's going to charge them 34%.
	Vietnam, they charge us 90%, he said, and we're going to charge them 46%.
	Cambodia charges us 97% we're gonna charge them 49% Bangladesh 74% all right 37 Sri Lanka 88 you're starting to see a pattern here Myanmar or Burma 88 Madagascar 93 it seems like these countries that have the and I would include in that China the countries that have the biggest tariffs on US goods and probably on Other people's goods as well.
	The ones that have the biggest taxes seem to be tyrannical, authoritarian, totalitarian.
	They're also poor.
	This is not the road to prosperity.
	It's not the road to freedom.
	It's not the road to liberation.
	It's not that at all.
	These countries that have high taxes don't have liberation, prosperity, They have a big oppressive government.
	Now you could say that some of them are doing this because they're poor countries and they're trying to make their country richer.
	Well, isn't that what Trump is saying?
	We need to be richer.
	We need to make America wealthy again.
	That's what he said.
	So he's taking the perspective of these other tyrants who say, well, the way that we can make America wealthy, or the way we can make Sri Lanka, wealthy, is by putting a lot of tariffs and protections there and it just doesn't work.
	It doesn't make them wealthy and it's going to make us a lot more like Sri Lanka or Vietnam or something like that.
	Trump proposed the idea of abolishing the IRS and funding the federal government exclusively through tariff trades while on the campaign trail in October 2024, says Cointelegraph, and that's an absolute lie.
	That's an absolute lie!
	And you know it.
	He talks tangentially about this.
	And he speaks in circles.
	But he never said that.
	Well, you know, it was better when we didn't have an income tax.
	He's going to get rid of the income tax.
	No, he didn't say that.
	He said just the opposite.
	He's going to make the tax cuts permanent.
	Well, you're not going to have permanent tax cuts if you don't have a permanent tax.
	Is that beyond the comprehension of these people or are they just deliberately lying to you?
	Seriously? This is Cointelegraph?
	They talk to you about crypto and financial things and they can't sort that out?
	That permanent tax cuts mean a permanent tax?
	But then they also throw this little nugget out there.
	Cointelegraph says, well, a company called Dancing Numbers.
	Dancing Numbers, you know, like the COVID superstars.
	You have all of the superstitions that are on the TikTok dancers.
	Well, you know, we've got the Dancing Numbers again.
	Says that the Trump plan could save each American taxpayer between $134,000 and $325,000 in taxes throughout their lives.
	Well, I've got many ideas that could save us more than that throughout our lives.
	That's a pretty wide range, number one.
	I guess they're trying to account for different income tax levels.
	But look, where's the basis for this?
	We're going to raise taxes on tariffs to save you a little bit of money on income taxes, so we're going to put this out.
	But do they calculate this correctly?
	They don't even calculate these tariffs correctly.
	But, you know, one thing that politicians and the media that supports these politicians do, like Cointelegraph, I guess we can put in that category now, one thing the politicians and the media are really good at is dancing numbers.
	They can make the numbers dance, and they play the tune, and the numbers dance along.
	They can get numbers for anything that they want.
	And that's what these charts are about.
	These charts are absolute nonsense.
	And Trump's press secretary really kind of exposed that, I think.
	I'll play the clip for you in just a second.
	After Trump's speech, the White House published the new tariff policy, which includes an exemption for products and shipments that comply with the US-Mexico-Canada agreement, USMCA, that Trump put in there.
	Seems like they forgot about that the first round when they started talking about taxing Canada and Mexico.
	People had to remind him of that.
	It's like, oh yeah, wait, okay, give us another month and let's think about how we're going to do that.
	USMCA-compliant goods will continue to see a 0% tariff.
	Non-USMCA-compliant goods will see a 25% tariff, and non-USMCA-compliant energy and potash will see a 10% tariff, said the plan.
	So, What they're saying is we're going to add, in addition to the 10% across the board on everything coming in the United States, we're going to add an additional 20% on the European Union, 10% on the UK, 34% on China, 24% on Japan, 32% on Taiwan.
	Trump says they charge us, we charge them.
	Reciprocal tariffs.
	And we're going to be nice about this.
	Why is he being so nice to them?
	I mean, if they're charging us 67%, charge them 67%.
	And say, let's take it to zero.
	Right? If he wants free trade or whatever.
	If he wants open markets.
	It sounds fair, but that's really not what he's doing.
	He says, they were, listen to what he says about NAFTA.
	He says, they were wrong about NAFTA.
	They were wrong about China.
	They were wrong about the Trans-Pacific Partnership.
	In my first term, they said tariffs would crash the economy.
	Okay. Well, USMCA was just a rebranding.
	Of NAFTA.
	There really was no substantive change at all in that.
	It was like renaming the Gulf of Mexico the Gulf of America.
	He renamed NAFTA USMCA and he cheered it.
	He talked about it being some great accomplishment.
	I said at the time, I said, isn't it a great accomplishment?
	And it's not any freer and it's got thousands of pages of regulations in it.
	Which means that it's not free trade.
	So it wasn't free trade, but it was like NAFTA, which he's now criticizing.
	You see, this is how phony this stuff always is.
	And when he says, well, they said that tariffs would crash the economy, and it didn't, is that he crashed the economy with his lockdown.
	He broke the supply chains with his lockdown.
	He didn't crash the economy with the tariffs or break the supply chains with that.
	He did it with the U.N. World Economic Forum agreed upon lockdown where he was in lockstep with people like Trudeau and many others who supposedly are diametrically opposite of him, right?
	You know, Biden and Trump, same policy on lockdown.
	But they're supposed to be polar opposites.
	Trump and Trudeau, same policy on lockdown, but they're supposed to be opposites.
	But, you know, the other thing is that Trump said that the tariffs would bring back manufacturing.
	He said that in his first term.
	That didn't happen either.
	So his tariffs didn't crash the economy, but they didn't bring back manufacturing.
	And his lockdown didn't help anything.
	It harmed everything.
	So let's go to what his press secretary has to say.
	Love it.
	And she talks about how unfair trade tariffs are in other countries with a tariff comparison.
	The unfair trade practices that we have 50 percent from the European Union on American dairy.
	You have a 700 percent tariff from Japan on American rice.
	You have a 100 percent tariff from India on American agricultural products.
	You have nearly a 300 percent tariff from Canada on American butter and American cheese.
	This makes it virtually impossible for American products to be imported into these markets.
	And it has put a lot of Americans out of business and out of work over the past several decades.
	So it's time for reciprocity.
	And it's time for a president to take historic change to do what's right for the American people.
	And that's going to take place.
	So That's one of the most cynical lines I've ever seen a press secretary do.
	Cherry picking.
	Wait a minute.
	You just said a 700% tariff from Japan.
	And yet, On your chart, you got exactly the opposite.
	On your chart, you say that Japan is charging us 46%, so we're going to charge them 23%, right?
	You say the EU is charging us 39%, so we're going to, you know, take that down to half of that.
	India, okay, 52% they say is a tariff from India.
	So If the EU is charging us 39%, she cherry-picks one thing.
	Dairy. Dairy they charge us 50%.
	Now, Japan is charging us 46% according to their chart that they put out.
	But she says it's 700%.
	Ah, but that's on rice.
	India is charging us 52%.
	But then they say, well, no, India is charging us 100%.
	On American agriculture.
	You see what's happening here?
	We're comparing apples to oranges.
	They've got some kind of aggregated average.
	They actually call it trade-weighted average, but I don't know how they weighted it.
	I don't know where they come up with this information.
	When she is as dishonest as this, Then, I don't trust any of their numbers, quite frankly.
	All this is a PR thing.
	Look at how much they're charging us, and we're only going to charge them half.
	And then she comes out and she kind of jumps the shark by showing people that, first of all, what they did was they targeted specific things.
	Japan doesn't want to buy any foreign rice.
	They don't want foreign rice coming into their country, so they charge 700% tariff on it to make sure that doesn't happen.
	They are protecting one specific thing, rice.
	Now, it may be that, you know, if you want to sell them a widget, there might be 0% tariff on a widget, but there's 700% tariff on rice.
	And what happens when Trump goes up to, you know, 20-something percent on Japan?
	Well, then they're going to put a 20-something percent tariff on widgets and you're going to sell fewer widgets.
	But they're still not going to buy your rice.
	There's no way they're going to buy your rice.
	And this is what we're seeing over and over again.
	Dairy or Canada with a 300% tariff on cheese.
	Why didn't Trump negotiate that better when he did the USMCA?
	Trump, you let them get away with charging a 300% tariff on cheese?
	What are you, some kind of a sucker?
	I mean, come on!
	You got had on that.
	A 300% tariff on cheese and you didn't do anything about that.
	So this is like the numbers that we got for the pandemic.
	They're making up the numbers.
	They're doing it for their trade war, just like they did for their pandemic war.
	Because the government always lies to you, especially if they give you a number.
	Don't ever trust any number that comes from the government.
	It's always a lie.
	So we don't know.
	This is some kind of an aggregate weighted average.
	No details about where these numbers come up with.
	So I don't trust them at all.
	Number one.
	Number two, as I said from the very beginning, when you do tariffs, The way Jefferson did it was he reduced the size of government and he just used tariffs to fund the government, the federal government.
	It was small.
	And it funded the government.
	It's a tax.
	We're going to pick a form of taxation.
	That's the form of taxation that they picked.
	But the key was that it was small.
	It was negligible.
	And then when you get to the latter part of the 1800s, they started particularly trying to protect certain industries.
	Instead of rice, it was steel or things like that.
	And so they were focused, they were targeted tariffs to protect a particular product or the industry that was making that product.
	They wanted that made Domestically, because you wanna have, and this is why they're doing this in a lot of, it's a lot of lobbying that's going on, but initially, there's things like, well, we gotta have steel, because we don't wanna be dependent on foreign countries.
	We wanna be able to defend ourselves, so we need to be able to manufacture our own steel.
	We wanna be able to build our infrastructure, so we wanna be able to do our own steel.
	So let's have a vibrant domestic steel industry.
	We'll protect it from competition.
	That's the theory behind all that.
	Or the high protective tariffs on food have been in the past because governments wanted to make sure that they had self-sufficiency when it came to food.
	And now they don't.
	Now you've got, in the European Union, places like Netherlands, all of them actually, because of this climate change.
	That's a suicide pact.
	Paris Climate Accord is a suicide pact.
	And as part of the suicide pact, they want to starve their population.
	And so they're not protecting the farmers anymore.
	In the UK, the Labour Party is trying to destroy farms.
	They want all the food to come from a lab that's owned by Bill Gates or his ilk.
	So that's the second thing.
	First of all, the numbers are phony.
	There's some kind of weighted average of things.
	And when they sell this, they talk about targeted tariffs on individual products.
	Thirdly, Like I said, this 300% tariff on cheese shows that it was not free trade, that it was managed trade, and it shows that Trump got managed by the Canadians, if you want to look at it that way.
	That's something they should be embarrassed about, not angry about.
	Look at this!
	Well, you negotiated that in your first term.
	And fourthly, you've got people defending this.
	I've seen the Trump cheerleaders, the Trump sucker proxies in the media.
	It was like a war.
	You know, like it's T-Day, one person put out, put this long thing and said, comparing it to D-Day.
	Oh, we've landed on the shores.
	We're taking this.
	It's going to take a lot of hits and so forth, but it's war and we got to do it.
	All of this warlike talk, because it is a war.
	It's going to be a trade war.
	And it may be a prelude to...
	to a real war, because that's how real wars start.
	Real wars frequently start with trade wars, with sanctions, which are sieges, if you will.
	And so, what's going to happen is that you're going to have, like with China, this 34%.
	So I say China is charging a 67%.
	Well, it's not true.
	I mean, that's a weighted average for a lot of things.
	So a lot of things, you know, if Japan is charging you 700%, on rice but then overall it is 46% and then they came up with a 24% thing which is not half but you know this is the Trump administration numerically challenged and the MAGA people who are even more numerically challenged as well as challenged in terms
	of civics and how this whole thing works but anyway so they came up with a little bit more than Half.
	Half would have been 23%, but they're gonna charge Japan 24%.
	Nevertheless, if they're saying that Japan is charging us 46% and then she goes out and says, no, they're charging us 700% on rice.
	So, um, the interesting thing too, and this is just an aside, as I pointed out, there's all these indications that this thing was rushed, that even after a couple of months in office, they still haven't really thought this thing through.
	And there's still disagreements in this?
	These page after page after page, I think he's got every country on earth, no matter how small they are, they've got it like Sri Lanka.
	88% are going to charge us, well we're going to charge them 44%.
	But there's no particular order in this.
	You would think that they would have the people who charge us the most would be at the top, but they're not.
	You would think that the people that we have the most trade with would be at the top, but they're not.
	You would think then, well, maybe if it's not alphabetical, if it's not by the order of the amount of tariffs, and I know that's because I started looking at this trying to find particular countries, so there's no particular order.
	They're not by geographical region.
	They're not by the amount of tariff.
	They're not by the amount of business that we do with them.
	They're not alphabetically.
	They're just kind of thrown in there.
	Looks like this is somebody did their homework at the last minute to me.
	I don't know.
	That's the easiest thing to do.
	If you got a spreadsheet, tell it to sort it by a column.
	China, 34% on top of the 20% tariff.
	So that's going to be 54% total.
	Except I think, is it 20%?
	I thought it was 10%.
	Anyway, well, it'll change tomorrow.
	So don't worry about it.
	Breitbart's John Carney gets into this war angle.
	And on Zero Hedge, they've got a couple of articles talking about, like I said, T-Day, which is very similar to D-Day.
	He makes that D-Day analogy.
	And so this is what the economics editor, John Carney, no relation to Mark, I guess, or maybe he is, I don't know.
	These people are related to a lot of you.
	It appears that Trudeau and Carney are cousins of some sort.
	He says, oh, peace, peace, when there is no peace, quoting Patrick Henry in the spring of 1775, he said.
	And he said, there is no peace, the war has actually begun.
	Lots of war rhetoric by these conservatives.
	Let's go to war.
	Let's show them what this is all about.
	I'm sick of being taken advantage of.
	700% tariffs?
	If that's true, then he's only charged them 23%.
	Liberation Day, I think he needs to be covering defense.
	That seems to be what he's into.
	Look, war is a lifeblood of the state, and so are taxes.
	Why would we cheer either one of those things?
	Sometimes a necessary evil, but they are nevertheless evil.
	So, Liberation Day triggers panic mode for who?
	Manufacturers! Wasn't it supposed to help manufacturers?
	No, you know what has caused problems for manufacturers, and this is from Freight Waves, people in the shipping industry who are paying close attention to what the factories are doing, and they said it is, data shows strong demand, But sentiment has collapsed.
	What do I mean by sentiment?
	Well, the confusion, the chaos.
	Everybody's like, I just don't know what he's going to do.
	Nobody knows what Trump is going to do from day to day.
	Tellingly, the producer of petroleum and coal products noted that worldwide economic instability has really begun to impact our oil and gas business.
	Just take this as an example, right?
	We're going to drill, baby, drill.
	And we want manufacturing, we want energy, and the rest of this stuff.
	Well, your vacillation, your indecision, your constant state of flux is causing problems for the oil industry, for example.
	U.S. oil supply is threatened, in theory, by sanctions on Iranian and Venezuelan crude, while usable supply in the market will be limited by the U.S. Department of Energy's intention to refill the Strategic Petroleum Reserve.
	Now, this is the massive footprint that our government has on everything in our society.
	They didn't have that in the 1800s.
	That was why we were prosperous.
	But now we have our government deciding, well, you can't buy oil from that country, you can't buy it from that one, and then I'm going to allow you to drill, or I'm not going to allow you to drill, and I'm going to sell off the Strategic Petroleum Reserve, or I'm going to fill it up, or whatever.
	The government Is the elephant in the room.
	And a big part of this tariff nonsense that Trump is doing is to get you to ignore the elephant in the room, our own government, and blame other governments, blame other foreign corporations and things like that.
	Or just corporations in general.
	Nevertheless, negative sentiment has kept domestic oil prices pegged at $70 a barrel A price below which oil producers claim capital expenditures and output will suffer.
	According to the Dallas Fed Energy Survey, $65 per barrel is the absolute break-even point after accounting for inflating input and operational costs.
	They're saying if we go down below $65, we're going to be operating at a loss, so we're going to shut it down.
	Oil prices have decreased while operating costs have continued to increase.
	To stimulate new activity, oil prices need to be in the $75 to $80 per barrel range.
	The administration's chaos is a disaster for the commodity markets, all of them.
	The blunt and that's commodity markets are the raw materials of manufacturing.
	The blunt judgment of another firm said, drill baby drill is nothing short of a myth and a populist rallying cry.
	Tariff policy is impossible for us to predict.
	One of the best things that Trump could do if he wanted to help America would be to have a rational, consistent policy.
	He doesn't want to do that.
	He doesn't want to help America.
	He wants to whip us back and forth into a frenzy, into chaos, because his job description this time, folks, on the people who selected him, you didn't put him in office!
	Get over these elections!
	The people who selected him, selected him to be an agent of chaos for globalism, just as he was in 2020.
	Just as he was.
	And he's going to do it again.
	He is not going to focus on a level playing field.
	This is not about that at all.
	This is about having everybody trying to play football on trampolines that are constantly shifting.
	And an earthquake, even.
	So, futures are tumbling in the stock market.
	More chaos.
	Rumors about this and that.
	And why does that happen?
	It's just like the Federal Reserve.
	They have too much say about our economy.
	So everybody hangs on every word that the Fed Chair says.
	You know, Powell is a lot more important than E.F. Hutton.
	So is Trump, because these people out there just arbitrarily change it.
	What will he do?
	What will he do?
	You know, he's the czar.
	He's the dictator.
	In a few moments I will sign an historic executive order Reciprocal tariffs on countries throughout the world.
	Reciprocal. That means that they do it to us, we do it to them.
	Very simple.
	Can't get any simpler than that.
	An eye for an eye, a tooth for a tooth policy.
	It's not that.
	Trump lays out the theory that tariffs will bring back a golden age, as he calls it.
	Jobs and factories will come roaring back into our country.
	Except that everybody's worried because they don't know what you're going to do.
	I talked about that in Australia.
	You know, in Australia, you've got natural gas, which they have in abundance, but they're selling it abroad instead of domestically.
	So it's created a natural gas shortage.
	Why? The companies have decided to do that.
	They made a conscious decision to do that, even though they were making less money by selling it abroad because the government in Australia was whipping them back and forth with this net zero green stuff.
	It's on again.
	It's off again.
	It's on again.
	It's off again.
	It's like, all right, I'm done with that.
	I'm not going to take the risk.
	I'm going to sell it abroad, maybe to China or whatever, even if they pay me less than I can make here in Australia.
	That's the, what do you want to call it, the opportunity cost of chaos and confusion, which is what Trump is the, he's got, he's got a master's, a Ph.D.
	in that actually.
	So the baseline tariff is $5,000.
	10% I think, not 20%.
	But anyway, he's going to have these reciprocal tariffs that are going to begin on April the 9th, so one week from when he announced it.
	Enough time for these other countries to look at this and decide whether they're going to let it stand, or whether they're going to fight back, or whether they're going to capitulate and try to reduce the Penalty tariffs.
	Mexico and Canada are not on the list as the U.S. will continue to exempt USMCA compliant goods.
	They figured that out finally.
	For Canada and Mexico, the existing fentanyl immigration orders remain in effect though and are unaffected by this order, says Trump's order.
	This means that USMCA compliant goods will continue to see a 0% tariff.
	Non-USMCA compliant goods will see a 25% tariff and non-USMC compliant energy and potash will see a 10% as I said before.
	In the event the existing fentanyl immigration orders are terminated, non-USMCA compliant goods will be subject to a 12% reciprocal tariff.
	Let's make up the numbers and make up all the numbers.
	The loonie and the peso rallied on the news.
	Again, because everything is subject to change and things as another pronouncement is coming from the dictator who has no clothes.
	Markets are reacting.
	Up, down.
	Initially markets heard that Trump's comments were going to be better than expected and the futures spiked on the news.
	But then he showed the chart of specific tariffs and then the futures plunged.
	Oh no!
	They go on what he says.
	Then they see what he's planning on doing and it goes straight up and goes straight down.
	So there you go.
	Trump's going to determine what it's going to be.
	He's our trade dictator, our trade czar.
	Here's our Jekyll and Hyde.
	Question is, how much economic pain is Trump willing to tolerate?
	Said one analyst.
	He's not gonna have any pain from this.
	It's gonna be your pain.
	How much will he allow you to put up with?
	He can tolerate an infinite amount of your pain.
	Eye-watering tariffs on a country-by-country basis scream negotiation tactic, said one person.
	And we've heard that before as well.
	Remember, I've had economic guests on this program.
	Well, I don't think he really means that.
	I think he's just throwing this out there to get them to capitulate.
	I don't think he really.
	And he really did it.
	And then he really pulled it back.
	And on and on.
	We've seen the administration have a surprisingly high tolerance for market pain.
	Now, the big question is how much tolerance it has for true economic pain as these negotiations unfold, because it's going to spread out from the stock market.
	There were trillions lost in 401k plans and things like that.
	As long as you don't retaliate, this is the high-end number.
	Three examples, three countries.
	Well, not individual countries necessarily, but you know, Europe as a whole.
	The French industry minister has reaffirmed that Europe will respond to Trump tariffs in a proportionate manner.
	Says Europe must show strength and be less naive.
	So they want to resist.
	They're going to push back.
	This is where the trade war is going to be.
	Ursula von der Leyen has said the same thing as well.
	Well, we're not going to put up with this.
	We're going to push back.
	We're going to retaliate.
	So that's what's going to happen with Europe.
	Canada, on the other hand, says that they want to avoid counter tariffs that risk Canadian jobs.
	So they're going to, at this point, they say they're going to avoid any retaliatory tariffs on their side.
	They're going to hold the status quo, this new status quo that's been imposed.
	Then you take a look at capitulation.
	This is coming from Thailand and also Vietnam.
	But the Thai Commerce Ministry said Thai semiconductors may face 25% U.S. tariffs and noted that Thai tariffs are 11% higher than U.S. tariffs.
	They added that Thailand may see an impact of 7 to 8 billion dollars from these tariffs.
	So they announced that they will increase imports of U.S. goods and they plan tariff cuts for U.S. products.
	Because so they have capitulate so we have it runs the gamut of all this stuff by the way in Thailand.
	I remember oh See it was back in the 2007 2008 2009 something like that.
	I remember at one point.
	I had to get a hard disk drive and I was looking at the prices like what happened to the prices of hard disk drives.
	It just gone through the ceiling I couldn't believe it And I did a little bit of research And has something changed in the industry?
	Well, it did.
	It turns out that Seagate and Western Digital, all these different, you know, hard disk companies at the time, were all making their products in this little Silicon Valley-like area in Thailand.
	And so somebody had moved a factory over there.
	They started making these things.
	And then other people moved factories to make the exact same thing.
	and you had people moving back and forth between these different companies, kind of like honeybees, pollinating them with ideas or whatever, you know, that type of thing.
	That's what happens in Silicon Valley as well.
	So you started having this cluster where were making most of the hard disk drives that were being done globally were being made in that little area of Thailand.
	And that area had massive flooding, just like we've just recently seen in Myanmar and other places.
	We've seen the big earthquakes and stuff.
	They had a regional disaster that shut down all of those things for a while.
	But that's globalism.
	Globalism has created strange supply lines and has created concentrations of things in weird places that you wouldn't expect.
	And so that's what's happening in Thailand.
	They're going to pull back from it, and Vietnam said they're going to do it as well.
	But, so, you know, with these unilateral Well, that would be more beneficial to our economy than these tariffs.
	If he really wants to make America wealthy again.
	as I've said many times, the basis for the U.S. prosperity in the 1800s was liberty.
	It was a lack of regulation, things like that, so they could Basically get their boot off of our necks and allow us to innovate to create a factory.
	But the people who that doesn't happen because the big companies use government to keep competition away.
	They use government to saw off the lower rungs of the ladder.
	And that's true with local government, state government and federal government.
	The other thing we could do is tax policy.
	You know, the income tax is still too high and Trump is out there now with his tariff stuff trying to rearrange the deck chairs on the Titanic, but still doesn't even come close to spending.
	And then when we're talking about taxes, the VAT has always been a part of the tax issue with Europe, for example.
	Value-added taxes, yes, they do happen at intermediate stages of production, but Certainly, they're removed, at least they used to be.
	Removed, I think they still are, but they're removed if the products are being sent abroad.
	There is no VAT, at least at the last stage.
	I think the earlier stages remain on, and I say that because when we traveled in Europe, if we bought something and sent it back, we would get the VAT removed for the final sale.
	But they didn't go back and say oh, well, you know you this thing cost $20, but It's already got embedded in it a whole bunch of VAT taxes, which would be pretty much impossible to calculate So, you know, we're gonna reduce the price of this thing to you know $10 and we're not gonna charge you VAT tax No,
	they just don't charge you the VAT tax on the final sale so but nevertheless When you look at our products in the U.S., they come embedded with a lot of income tax stuff that's there that's not pulled out.
	You know, if they're making something for export, they get to pull a lot of the VAT taxes out of it, and it comes to our shore without carrying those VAT taxes, but not for American producers.
	They sell their products into another country.
	They carry the internal domestic taxes with them.
	So that is a huge deal, and the Trump administration actually mischaracterized that, and said that VATs were a help to the foreign countries.
	That's absolutely wrong.
	If the VATs are raising the price of goods in that other country, Then it is not helping the manufacturers, but what it shows you is the mindset of the Trump administration.
	They're looking at this in the same way that Bernie Sanders does.
	When you talk about a tax cut, Bernie Sanders says, diluting the Treasury!
	That's our money!
	Or you see both Republicans and Democrats say, we can't spend that money with tax cuts.
	Because they think your labor and your possessions belong to them, not to you.
	It isn't a matter of spending money in their treasury, but they see you as their tax slaves, because you are.
	We all are.
	That's the way they see it.
	They don't see it as, well, what is the cost of production?
	How do we get more manufacturing?
	It's never about that.
	That's another one of these lies that are out there.
	So there were some questions that AP asked.
	So we've had a lot of people asking us questions.
	So here's some of the most frequently asked questions and their answer to it.
	Do U.S. collected tariffs go into the General Revenue Fund?
	Can Trump withdraw money from the fund without oversight?
	Well, as they point out, tariffs are taxes.
	And tariffs were about 80 billion dollars last year.
	That goes into the U.S. Treasury to help pay the federal government's expenses.
	Okay, but let's stop right there.
	Something In that sentence is really important.
	The fact that tariffs were about $80 billion last year.
	Now, Trump and his administration, we've had various people, Trump, Lutnik, other people have talked about this.
	$300 billion we're going to get out of the tariffs.
	$600 billion.
	Trump says maybe a trillion.
	Then you've got Lutnik come out.
	$2 or $3 trillion.
	$6 trillion, right?
	They keep bidding this thing up.
	They went as high as $6 trillion on tariffs from $80 billion right now.
	Now you might think about how much that tax is going to Take from you if they're gonna go from 80 billion to even the lowest number 300 billion They're talking about quadrupling the amount of money that they're taking in these taxes and let me tell you But this is another one of these,
	you know Another one of these bait-and-switch things being done by Donald Trump just like CBDC Oh, we're not gonna do CBDC says Trump say the Republicans instead what they're going to do is private Digital currencies that will have all of the heinous features of CBDC except that unlike CBDC They and their buddies Will make a financial killing out of this It's a graft and corruption thing.
	But as far as we're concerned, it's still going to be control That's going to be happening.
	So When you when you look at this, he wants to pretend that he is lowering taxes.
	He's not lowering taxes Instead, what he's going to do is he's going to say, well, we're going to make some tax cuts permanent, and then he's going to bring in the tariff stuff in the back door.
	That's deceptive.
	Another question.
	How soon will prices rise as a result of the tariff policy?
	Well, it depends on how businesses both in the U.S. and overseas respond.
	Consumers could see overall prices rising within a month or two of the tariffs being imposed for some products.
	Such as produce from Mexico, prices could rise much more quickly after the tariffs take effect.
	So, we don't know how long it's going to take.
	But then they also make this point.
	They said, when we look at experience, go back to 2018, Trump slapped duties on washing machines.
	Now that's the kind of thing that you typically see being done, you know We're gonna tax rice or we're going to tax this product or whatever.
	We're gonna target it.
	They taxed washing machines They didn't tax dryers But since washing machines and dryers are typically sold as a pair The manufacturers and retailers went up on the price of both of them both of them And so they said you're going to see things start to rise Because they can, you know. Why are they doing it?
	Because they can.
	And they said, furthermore, economists are worrying that consumers, having just lived through the biggest inflationary spike in four decades, are more custom to rising prices than they were before the pandemic.
	And that is going to help them to raise the prices.
	By the way, you know, when we talk about how much the revenue is going to go up, The tax foundation, a non-partisan think tank in Washington, has found that extending Trump's tax cuts would reduce federal revenue by four and a half trillion.
	And he's going to keep that income tax there.
	It's going to be permanent.
	But he's going to make permanent the tax cuts.
	Okay, so that's going to lose four and a half trillion in revenue.
	Maybe that's why he's talking about, Lutnik is talking about six trillion dollars in revenue from tariffs.
	They're hoping they can make this stuff up.
	They want to do it in the back door.
	Next question.
	What is the limit of the executive branch's power to implement tariffs?
	Does Congress play any role?
	We're going to talk more about that when we come back.
	The U.S. Constitution grants the power to set tariffs to Congress, but Congress has abdicated those powers, or at least they delegated them.
	Delegated those powers to the president through several different laws.
	These laws specify the circumstances under which the White House can impose tariffs, which are typically limited to cases where imports are threatening national security or severely harming a specific industry.
	Hmm. So, national security.
	Hence the bogus claims about fentanyl and migrants for Canada.
	He had to pretend that it was national security to do this.
	In the past, presidents generally imposed tariffs only after carrying out public hearings.
	And Trump did that in his first term.
	However, in his second term, Trump has sought to use emergency powers set out in a 1977 law to impose tariffs in a more ad hoc fashion.
	Congress can seek to cancel an emergency that a president declares, and Senator Tim Kaine Who was Hillary's running mate, has proposed to do just that regarding Canada.
	And we'll talk more about what's happening in the Senate when we come back.
	What tariffs are other countries charging on U.S. goods?
	Now, here again are some real numbers.
	I say these are real numbers because they're coming from an independent third party that is looking at these numbers.
	It's coming from the World Trade Organization, which, again, I know it's a globalist organization.
	But when you look at these numbers, they're going to say, as I said before, Japan, oh, charging us 46%, but then she says 700% on rice.
	So what is the real number?
	How did they average this out?
	I mean, did they use median?
	Did they use averages?
	Did they weight this in some way or the other?
	Here's the bottom line.
	U.S. tariffs or average U.S. tariff is weighted to reflect goods that are actually traded.
	that's part of what they mean by the weighted uh u.s tariffs are less than other countries we charge 2.2 percent for the weighted tariffs wait a minute hadn't you know we get to this and then you have the european union 2.7
	percent yeah not the um what was it 40 percent or something like that that he had 40 something percent instead of it being 40 that's on his chart the world trade organization has said it was 2.7 percent china 3 and again and again
	But Trump is putting this together as an aggregate for the entire country.
	And what they're saying is, as an aggregate for the entire country, China is at 3%, we're at 2.2%.
	India is at 12%.
	They're an outlier there.
	Other countries also tend to do more than the U.S. to protect their farmers with high tariffs.
	The U.S. trade-weighted tariff on farm goods is 4%, compared to the EU's 8.4%, or Japan's 12.6%, or China's 13.1%, or India's 65%.
	65%. So again, when you talk about that 700% tariff at Japan, that is You know, their weighted average for all agricultural products is 12.6%, but for rice, 700%.
	So what the press secretary in the Trump administration was doing was a cherry-picked lie.
	Spin. Because this is really about chaos.
	This is about flipping the tables.
	This is about pushing us towards a global war.
	They really do want this.
	And you can get to that in a number of different ways.
	Biden and his administration had their technique and the Trump administration's got theirs.
	So, Canada and Mexico.
	Again, Trump owns the USMCA.
	Now he says it's vastly unfair.
	Well, we're going to take a break and when we come back we're going to take a look at the reactions of different countries as well as the reactions in the Senate.
	There's been a little bit of a GOP rebellion there.
	Rand Paul pushed back against this stuff.
	So we're going to take a look at it when we come back.
	be right back.
	Say kids, what day is it?
	It's Liberation Day.
	A day where I liberate you from your savings and tariff everyone at the circus.
	Don't worry, it's like a tax cut.
	Or will be, for some of us.
	Most of you won't even feel it.
	Too badly.
	So... My associates are going around with fun red bags, and I want you...
	You should have Paula White for that role.
	...
	all your jewelry, and tell them your social security numbers.
	We are just cutting through the fraud, waste, and abuse.
	Put your money in the bag.
	You know how many kids I have to feed?
	Like, a lot.
	On Liberation Day, all the best people are driving Teslers.
	Pretty much my whole cabinet.
	Elon made them.
	Oh, hello, Marjorie.
	Hey, look.
	Even J.D. Vance is getting in on the act.
	He takes that couch with him everywhere.
	So remember on this Liberation Day, me and my people, we will do well and you will pay for it!
	But it's just short term.
	I really hate that sad loser, Mr. Neuberger.
	Who, me?
	Yeah, you know, that's Neuberger.
	Yeah, all right, stop.
	On Rumble, Guard Goldsmith, he says, exactly David, I looked up how they created the fake numbers.
	It's the PCR of tariffs.
	Don't ever believe any numbers they give you for anything.
	It is just like the pandemic.
	It's a phony war and it's against us.
	You know, they weren't fighting a virus.
	They weren't fighting a pandemic.
	They were fighting us.
	And they're not fighting foreign countries.
	They're not fighting multinational corporations.
	Multinational corporations are running them.
	They are fighting us.
	That's the real issue.
	Well, RT, which doesn't really have a dog in this fight, I guess.
	I don't know if we have any trade with Russia at this point, with all the Biden sanctions and everything.
	Even banned them out of the financial system.
	Well, Russia says Trump's sledgehammer approach may cause trade wars.
	Absolutely right.
	This is financial analyst Henry Johnston that they quoted on RT.
	He said, I think there's a very interesting parallel between Trump's approach to the Ukraine conflict and what he's doing economically.
	And that is that he is attempting to address very deep-seated, long-standing problems with rapid, unilateral, and aggressive measures.
	So I'm just going to fix it right now.
	You just do it, because I said so.
	Dictate. In both cases, he said, I think it's going to encounter more of what we've already seen.
	His very primitive tactics are not getting to the root of the issue.
	The economic problems that he's attempting to address are very deep-seated.
	They've been in play for half a century and they will not be addressed by bludgeoning people with tariffs.
	But see, this is where Trump is coming from.
	He's a very wealthy businessman who is used to throwing his weight around and getting what he wants.
	I remember when he was running in early 2000, was it 2015?
	In the summer I think it was, and I did the story about what Trump had done to a widow because he wanted her house for a parking lot for his casino in Atlantic City.
	And I used up as an example.
	Pixar is up because it's basically the same type of thing.
	She did not want to sell.
	She was the last one hanging out and he wanted to do this.
	He's going to get rid of her one way or the other.
	He got tired of making her offers.
	It was clear that she didn't want to sell no matter how much money it was.
	And he wanted that parking lot.
	So he goes to the local government and he's paid these guys to do whatever they want to, whatever he wants them to do.
	And he gets them to condemn her property, and then after they pushed her out and knocked the house down, he declared bankruptcy on his casinos.
	Didn't even use it.
	You see, that's what he's used to getting.
	He's used to being a dictator as a CEO.
	These techno-brats, I think we should call them, are used to getting what they want.
	We call them technocrats, but they're brats.
	They get everything they want.
	They're multi-billionaires.
	You know, snap their finger and they get whatever they want.
	It tends to have a cumulative effect on their ego, their spirit, their character that is not salient.
	And so these techno-brats are used to getting what they want.
	And his cabinet is filled with people like this.
	His cabinet is filled with billionaires who get whatever they want.
	So there's a perception in the White House that other nations take advantage of the U.S. because American goods are not as welcome elsewhere.
	But he said the trade balance certainly speaks for itself.
	This is Johnston again.
	He said, I think though it's important to understand here that the U.S. was a willing participant in this system.
	By using the dollar as the reserve currency and encouraging other countries to build up surpluses of dollars and then to reinvest those in the U.S. and U.S. Treasuries, it essentially allowed the U.S. to finance domestic consumption without creating inflation.
	And this is what's going to happen with this restructuring of the financial system.
	I think we're going to see huge inflation.
	I think we're going to see hyperinflation.
	I don't think we've seen anywhere close to the end of what is happening with the dollar.
	With gold, I should say.
	With the dollar as well, because they're kind of inversely proportional to a large degree.
	I think it's not entirely in good faith, he said, to claim that the U.S. is being abused Even where U.S. goods don't have the same access to other markets because the system itself has been beneficial to the United States.
	In other words, we created this system.
	We created a system that allows us to print money out of thin air.
	Fiat dollars.
	And everybody's starting to pay attention to this.
	That unlimited credit card is maybe going to be called back.
	Ursula von der Leyen, the EU Commission president, said that the EU has, quote, a strong plan in response.
	Chinese foreign minister said on Tuesday that Beijing would counter-attack if the U.S. continues to engage in blackmail.
	So there you go.
	We've already gone to war under Biden financially with Russia.
	Sanctions, there's nothing happening there.
	But China and the EU There's going to be a war over there.
	We might get, and have gotten, concessions already from small countries like Thailand and Vietnam.
	But again, as I said, if you think that high tariffs are going to make you wealthy, take a look at who's got the highest tariffs.
	It's the smallest country according to the Trump charts.
	And again, where did they come up with these numbers?
	I don't know where they came up with these numbers.
	Yeah, they're talking about how some of these small countries have a 100% tariff on things.
	So, Johnson told RT, John Stoon, I should say, said, I think the European Union will see this as a hostile move, without question, and I think it will be fairly painful for the EU, and we could be seeing trade wars among allies.
	Well, certainly with U.S. And Canada, and Mexico, and all the rest of this.
	Trump has been on the offense against people who we haven't had any problems with.
	Greenland, for example.
	I mean, it's like, Canada, the 51st day, it's absolutely insane.
	Oh, the EU holds a lot of cards, vowed Ursula von der Leyen, but in this particular case, I think she's telling the truth.
	She said, Europe has not started this confrontation.
	We do not necessarily want to retaliate, but If it is necessary, we have a strong plan to retaliate, and we will use it, said Ursula.
	Europe holds a lot of cards, she said, from trade to technology to the size of our market.
	But this strength is also built on our readiness to take firm countermeasures if necessary.
	All instruments are on the table, and she's ready to operate.
	She was saying this in France, who is, the French have been equally belligerent as well.
	The Commission already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs that he's put in.
	The EU duties will target steel and aluminum products, but it will also target textiles, home appliances, and farm goods.
	So if you're not happy about the 700% tariffs on rice, and you really want to get into that market, and you want to punish them for that, Just understand they may put some taxes on your widgets, and it's going to be hard for you to sell those other things.
	That's what they're talking about doing.
	You know, we'll find the stuff that we're buying from you, where we're your customers, and we'll shut that down.
	That's what the trade wars are about.
	Many Europeans feel utterly disheartened by the announcement from the US, said Ursula von der Leyen.
	This is the largest and most prosperous trade relationship worldwide, and we would all be better off if we could find a constructive solution.
	Well, Hollywood reporters taking a look at what will happen to their industry, and I know you don't care, neither do I, what happens to Hollywood.
	It would have absolutely no effect on my life if Hollywood ceased to exist in its entirety.
	I don't consume their product.
	I haven't done so for quite some time.
	Trump's tariffs timing couldn't be worse for Hollywood, they said.
	But there is something about this that is common to all of us.
	They said because this is a media business, they're not necessarily going to put a tariff on the movies that go to other places.
	China might block it.
	If they've got a Top Gun movie that shows a jacket with the word Taiwan on it, okay?
	Because they don't want to pretend that Taiwan doesn't exist.
	But they're not going to directly target these movies.
	But they said because it's a media business, they depend on ad revenue.
	And so they're saying that all of their sponsors are going to be looking more carefully at their spending budget at this time.
	And so, in other words, this is what's going to be happening All across America, because just as a rising tide floats all boats, as JFK said when he lowered taxes, I guess we could say that when Trump raises taxes, a falling tide is going to make all boats sink.
	That's what we're going to be seeing as part of this.
	And that's really basically what this article from The Hollywood Reporter is talking about.
	So we're concerned about the possibility of an all-out trade war.
	We're concerned about just the general economy and how that's going to put They said it's really a perfect storm of bad news.
	The tariffs affect every country and everything.
	And so it's going to be hard for them to get sponsors.
	Vietnam, meanwhile, has capitulated, as I said before.
	Thailand, Vietnam are already saying, we're going to We're going to cut our tariffs and we're going to buy more American goods.
	Don't hurt us.
	Vietnam has slashed tariffs on many goods, including cars, agricultural products in response to the U.S. move.
	Cars, wood, ethanol, frozen chicken legs.
	There we go.
	That's that.
	So if you're in the frozen chicken leg business, looking good for you right now.
	Pistachios, almonds, cherries and raisins as well.
	They're going to take down.
	I don't know what they had against those products that they didn't want Chicken legs walking into their country, or pistachios.
	Maybe they grow pistachios.
	I don't know.
	Trump's TikTok idea, though, highlights his incoherent talk on tariffs.
	And I said this the other day as well.
	This is coming from MSNBC, of all things.
	I said, so he's so concerned about fentanyl that he's got to have an emergency.
	He's using that law, that loophole that lets him as president enact these tariffs if there's an emergency, a national emergency.
	He says, yes, we've got a national emergency with fentanyl.
	And then he turns around this week and says, but if you let my buddy buy TikTok, I'll take off the tariffs.
	I don't care about fentanyl.
	Yeah, TikTok is like a drug to a lot of teens and that type of thing.
	Trump is so desperate to close a deal for the U.S.-based buyer to purchase TikTok, so desperate, in fact, that he has proposed giving China releases.
	That proposal has predictably been panned by both Democrats and Republicans.
	Trump said he was placing a tariff on China largely to try to stop fentanyl.
	The fact that he's willing to dangle a reduction in exchange for a TikTok deal to one of his friends shows how incoherent his talk about tariffs is.
	No, it doesn't.
	It just shows corruption.
	It shows that this is a robber baron administration.
	Government of the billionaires, by the billionaires, for the billionaires, is what this Trump administration is.
	I mean literally, you look at his cabinet, as I said the other day, look at their combined net worth, you know, and how many billionaires he's got in his cabinet, and how many wannabe billionaires who are going to be very amenable to anything these large corporations want to do.
	We've never seen anything like the assembled grift.
	These people, Tim Cook, Jeff Bezos, Elon Musk, the whole lot of them, none of them care anything about the issues that we care about.
	They don't care about the Constitution, they don't care about preserving life, they don't care about our society, they don't care about anything except money.
	And they flock around him like a bunch of vultures around a decaying corpse.
	On his inauguration.
	Record amount of money donated to his inauguration.
	And I just talked yesterday about a billionaire that ran for political office as a Senate Senator and he did not make it past the primary because the incumbent was a Republican.
	But he wants to be in politics very badly.
	And he is somebody that the Trump administration is pushing to buy TikTok.
	He's going to let you buy into it as well.
	Hey, you can give me a few hundred or even a few thousand dollars and you can be one of the founding owners of TikTok.
	Yeah, right.
	If he gets his way.
	Well, there's others as well.
	MSNBC focuses on Amazon.
	They said now Amazon has joined the list of suitors who want to buy TikTok.
	TikTok was said to be banned in January as a result of a bipartisan bill signed last spring by President Joe Biden.
	And I didn't agree with that.
	I'll just say that up front.
	I don't think that...
	I don't like TikTok.
	I don't have anything to do with that.
	I don't want it on my personal phone, and I'm not interested in getting involved with it.
	I think it has been a very bad influence on a lot of people, but I don't think the government should ban it.
	Because if they ban TikTok, guess what's next?
	In the next administration, they'll ban Rumble, or whatever.
	We don't want to go down that road.
	We don't want to establish that precedent.
	So I'm not in favor of TikTok, but they were going to ban it this January.
	It was a bipartisan bill that was signed last spring by Biden.
	It required the Chinese owned app to be sold to an American based owner or to stop operating in the United States by January.
	Trump gets in and he extends it and he extended it 75 days.
	That 75-day extension ends this Saturday.
	We're just two days away.
	So Trump's authoritarian power grabs, says MSNBC.
	In this case, TikTok fans seem very indifferent to it, as long as they can still have access to their favorite mind control device.
	They don't care.
	So typical, isn't it?
	Ownership by Amazon, the company owned by Bezos, certainly would not dispel concerns that TikTok could become even more of a boon for the Trump movement.
	Amazon donated a million dollars towards Trump's inauguration.
	Bezos appeared on stage with all of the big tech oligarchs, the technobrats, at Trump's inauguration ceremony.
	Amazon also did a sweetheart deal of 40 million dollars for Melania Trump to do a documentary about her life.
	That's just nothing but graft and corruption.
	And she got a big chunk of that.
	I think she got about half of that.
	Bezos has made changes at the Washington Post.
	He's radically changing the editorial policy, getting rid of people who have been completely leftist.
	He's trying to move it more to the right.
	And so Trump is obviously chomping at the bit to secure a buyer before Saturday in two days.
	So what will President Jekyll or Hyde do?
	Will he do another executive order?
	Well, of course, he can do another executive order.
	He's already extended it once for 75 days.
	I mean, you go back and you look at the lockdown and the fact that they said, well, you know, we have a lockdown.
	Well, people have lost their jobs.
	They can't pay their rent or their mortgage.
	Well, you can evict them, said the CDC.
	During the Trump administration and Trump was fine with that.
	He didn't change anything about it So the people who've complained about it said do you see what Biden didn't know?
	No, it was Trump Yes, Biden did extend it.
	But so did Trump Trump allowed them to do it Trump allowed the CDC to extend it again Under his administration and then Biden did it several times before finally the Supreme Court pulled the plug on them but You know, we can, if they're going to do things like that, Trump certainly can arbitrarily say, well, you know, they gotta, they gotta sell it or shut it down.
	I can extend it another 75 days or as long as he wishes.
	But the bottom line is not whether or not he extends it, not whether or not somebody buys TikTok, but the bottom line is it just shows that he doesn't care about these tariffs.
	He doesn't care about fentanyl, number one.
	Number two, he doesn't care about the tariffs.
	He's willing to shut this stuff all down.
	He doesn't care about the manufacturing base.
	I mean, if he's worried about the manufacturing base, China is number one in terms of taking this stuff.
	China is even restricting local firms in the lead up to this.
	Prior to this, they had told firms that they could not invest in the U.S. So they're already beginning their retaliatory stuff, even before these numbers were released.
	Bloomberg cited people familiar with the matter who said that Beijing plans to restrict local companies from investing in the United States.
	This move would give the world's second largest economy more economic leverage in trade negotiations.
	But again, none of this stuff is going to happen.
	So in 2024, China was number one in terms of our trade deficit.
	We had a $295 billion trade deficit with China.
	Number two was the European Union at $236 billion.
	Mexico at $172 billion.
	Vietnam at $124 billion.
	Taiwan at $74 billion.
	Japan at $69 billion.
	And there's a chart on this article showing where they are, but it is exponentially larger for China than the others.
	Gradually starts coming in and tapers out.
	And they looked at the 15 companies.
	As I said, there seemed to be some misunderstanding in the messaging from the Trump administration as to these 15, whether it was 15 countries or whether it was a 15% thing that was represented at different times and different media by different people in different ways.
	Well, it turns out that it is the top 15, evidently, because they've put out a chart now about that.
	So I guess we can call them the dirty 15. Well, I don't know.
	Maybe you call something you got the dirty dozen and that's alliteration.
	So maybe they could call it the filthy 15. There you go.
	The filthy 15 who are destroying our country.
	It's not the federal government's not doing this to you.
	So it's filthy 15 that are doing it to you.
	America, let's go.
	Maga, maga, maga, wave the flag and raise the tariffs while the U S and E U have similar advanced average tariffs rates of 3.4% and 4.1%.
	Here's another set of numbers.
	This is bigger than the World Trade Organization by a factor of two.
	But these numbers, both these numbers here as well as the World Trade Organization numbers, are an order of magnitude away from the numbers that are on Trump's chart.
	Hey folks, something doesn't add up.
	We're being lied to!
	Again, the US government has highlighted the European Union's Value-added taxes, which it views as tariffs.
	Well, if they were tariffs on themselves, then that would be to our advantage.
	But again, it works exactly the opposite way.
	That's why I said this is an administration that just has lost the plot in so many different ways.
	Well, for Senate Republicans, as I said, there was a bit of a rebellion against Trump, which is unusual.
	Billionaire Bratt is used to doing whatever he wants and nobody stands up to him.
	They all kiss the ring and bow at his feet.
	Four Senate Republicans joined with Democrats to rebuke Trump tariff policy in a key vote.
	The Senate then adopted this resolution of 51-48 aimed at blocking the Trump administration's proposed tariffs on Canadian imports.
	So this is going back, you know, they move This is one of the reasons why, in the wisdom of the Founders, you wanted wars and trade wars to happen through Congress, because they have to move more slowly.
	It's not one individual, it's a group of people.
	Once you decide that you're going to have a war, then yes, you need the executive to issue the orders, but the decision to do it should not be entered into lightly or capriciously or arbitrarily, as Trump is doing.
	And that's all these wars, including the trade wars.
	So the co-sponsor of this resolution with Tim Kaine, who was Hillary Clinton's running mate, was Rand Paul.
	And they also had Susan Collins, Mitch McConnell, and Lisa Murkowski.
	Susan Collins and Lisa Murkowski are in Alaska, Maine.
	Maine, Alaska, I guess.
	And so they have a lot of connections to Canada.
	They don't want to see this happening.
	Mitch McConnell is just opposed to Trump in general, and Rand Paul is opposed to taxes in general, and a supporter of free trade.
	So that's where these four are coming from.
	It was a rare bipartisan pushback against Trump in the Congress.
	Never happened.
	And of course, they have a majority in the Senate, but they lost it with this.
	The impact of the Senate vote will be largely symbolic, however, because the House GOP leaders Will not take up any efforts to rebuke Trump.
	They will not push back on anything that he does.
	So the Senate can do whatever they want, but it's not going to go any further than that.
	The resolution would overturn a national emergency declaration that the Trump administration cited in February to announce planned tariffs on imports from Canada.
	Again, this, it's just partisan saber rattling, but we all know that what Trump was saying, first of all, Fentanyl and immigration is not an issue with Canada.
	Secondly, it's not an issue with Trump either, because he's more than willing to set aside this stuff and let all the fentanyl come in from China, as long as it'll sell TikTok to his buddy.
	But there's, like I said, there's a lot of partisan saber-rattling, and it's happening on both sides.
	You could say a lot of this is on the Democrat side.
	But listen to what the Gateway Pundit, I guess we could call them the Gateway Puppets, what they say in response.
	It's breaking.
	The Senate votes to sabotage President Trump's Canadian tariff policy with four Republican votes casting the decisive yes votes.
	Those traitors, those traitors who went against Caesar, right?
	Those backstabbing brutuses that are there.
	Brute high, I guess.
	Four of them.
	Four Republicans, says the Gateway Puppets.
	Four Republicans handed the Democrats an undeserved victory and snubbed the President.
	Oh man, it's just disgusting anymore to see most of these so-called news outlets.
	In a Truth Social post this morning, Trump demanded the four Republicans back off and hold Canada accountable for allowing fentanyl to flow freely into America.
	And gateway puppets act as if this is real.
	Because, hey, Trump said so.
	It's got to be real.
	So, again, he's willing to let TikTok, if they can buy TikTok, if his friends can buy it, China can send all the fentanyl in that they want.
	No problem.
	Nights of the Storm, good to see you guys.
	And again, you can find Nights of the Storm at their website.
	They've got a lot of different, they've got a kind of a schedule there of a lot of different programs.
	It's really good, very useful.
	And of course, you'll also find Liberty Conspiracy with Guard listed there.
	He's on Twitter, he's got Substack and everything, but pull back their comment.
	I can't see it there, it's covered up.
	It said, That's exactly what it is.
	I guess she's going to have to find something else to do if they shut down.
	She's probably not for a ban on TikTok.
	She doesn't want to see that happen.
	What would she do?
	Actually, she's worked her way into the conservative You know, the Trump community, as we saw with the JFK paper, she's one of the people out there.
	Look, we've got the truth now, finally!
	Trump gave it to us!
	Yeah, right!
	One of the most ridiculous things I've ever seen in my life.
	Well, we're going to take a quick break, and we're going to be having Tony join us in seven minutes, but we're going to take a quick break.
	We'll be right back.
	be right back.
	You're listening to The David Knight Show.
	Well, Trump has made history by pardoning a corporation.
	This is sent to me, by the way.
	Hat tip to Harry Hound on Twitter.
	Appreciate that.
	Mitt Romney must be very happy.
	Remember, Mitt Romney said, well, corporations are people, too.
	Well, actually, no, they're not.
	And there's a very important difference between corporations and people.
	Corporations are created by the state.
	People are created by God.
	Corporations have privileges.
	People have God-given rights.
	Makes all the difference in the world.
	Mitt and Trump.
	President Trump just expanded the presidential pardon power to include corporations.
	So, and of course we had RFK Jr. as well.
	He's probably pleased with this because remember as he was saying, you people out there who don't buy into climate change nonsense, you need to be put in prison.
	You know, the Koch brothers need to be put in prison.
	They need to get three hots and a cot.
	You know, three meals and a cot to sleep on.
	You want them in jail.
	And he comes back after he's been attacked for what he said.
	He's now supposedly a supporter of free speech.
	And then he comes back and he says, well, that's not what I meant.
	I meant the corporation.
	The corporation needed to be put.
	Are you going to put a corporation in jail?
	You're going to give a cot to the corporation and three hot meals a day to a corporation?
	Well, of course he was lying, and we saw that he was lying, because he's now pushing censorship as the Secretary of HHS.
	He wants to censor people who are anti-Netanyahu and against the politics, even though that country is divided and about to have a civil war.
	RFK Jr. wants to wade in on the side of Netanyahu, and he supports all of this punishment of speech.
	So he's always lying about that stuff.
	But again, you know, talk about corporations as being people.
	I guess he's maybe happy about that.
	This article from The Hill has it right.
	Corporations are artificial legal fictions designed to maximize shareholder wealth.
	They are not people.
	They can commit crimes and can be indicted.
	And they can be given the death penalty.
	Should be in many cases.
	Pfizer should be given the death penalty.
	Company should be disbanded as well and all their assets confiscated and distributed to the people that they harmed Whatever it is certain and nevertheless.
	I said they can theoretically commit crimes According to a 1999 memorandum from the Justice Department quote the important public benefits of prosecuting corporations include deterrence on a massive scale They removed all the deterrence for Pfizer to harm people back in 1986.
	It's much worse now With the 2005 PrEP Act.
	Crimes that carry with them a substantial risk of public harm, such as financial fraud, or maybe bodily harm.
	Grievous bodily harm.
	Murder, even.
	So the President's pardon of a cryptocurrency company smacks up political corruption, says The Hill.
	On Friday, Trump issued full and unconditional pardons to four individuals and a related cryptocurrency exchange called BitMEX.
	Last summer, BitMEX entered a guilty plea in a Manhattan federal court for violating the Bank Secrecy Act because they operated without a legitimate anti-money laundering program.
	I don't even care about that.
	This anti-money laundering program is just an excuse to spy on people, to put people in jail for taking out their money without trying to structure it like they did to Dennis Hastert.
	On January 15, 2025, BitMEX was criminally fined $100 million in connection with its guilty plea, which was on top of $130 million in civil penalties.
	The judge noted that Bitmex, which has incorporated in the Seychelles, had claimed not to operate in the U.S. for several years, even though U.S. customers comprised a large share of its business.
	Although the text of the pardon is not yet public, it presumably wipes out the criminal penalties against Bitmex and forgives the crimes, making it legally impossible for federal prosecutors to go after the company for any crimes Falling within the scope of the pardon at any point in the future.
	It's kind of interesting to me when we stop and think about corporate crime.
	One of the biggest corporate crimes, we're told, is the corporate crimes of Volkswagen.
	Now, Trump didn't do anything to pardon them for that, right?
	They're given billions of dollars because they supposedly cheated on an emissions test.
	Nobody was harmed.
	It's a rule that Lee Zeldin and his people don't even support anymore, and yet he didn't pardon them.
	And you had executives who went to jail as well.
	Trump panned cryptocurrency as a scam in 2021, but now, since then, he has decided that he wants to be the king of scams.
	He is the crypto king.
	He is the scam king who is there.
	Well, BitMEX pardon sends a different message.
	Companies involved in financial crime don't have to worry about accountability under this president at least when it comes to crypto For reasons that he has no incentive to ever make known Bitmex can continue its prior criminal practices and it doesn't have to worry about prosecution So kind of like Hunter Biden except that the You don't see the MAGA people talking about that one.
	Well, we're going to talk to Tony because there's been a lot of ... of economic activity we've had.
	As we last talked to him, we've had some new all-time highs for gold.
	And, of course, with all the chaos that Trump is doing out there, the real beneficiary is gold.
	So I imagine Tony has been busier than a one-armed paper hanger because he's trying to fill orders.
	Everybody wants to buy something when the price is going up.
	When the price is going down, nobody wants to buy it.
	That's the psychology of the markets.
	But it's still, I think, a good buy.
	And a lot of people are buying it because they have finally acknowledged That's what it's all about.
	So we're going to take a quick break, and we'll be right back.
	Thank you.
	you you You're listening to The David Knight Show.
	All right, joining us now is Tony Arterburn of Wise Wolf Gold, and he has set up davidknight.gold.
	I'll take you there.
	And I imagine Tony, as I said before, is super busy right now, because gold is in all the headlines, like we've never seen it before, because they're seeing new all-time highs, and it benefited yesterday.
	It seems to be very comfortable in the $3,100 range, doesn't it, Tony?
	Thank you for joining us.
	It's great to be back, David.
	Yes, if you look at the metrics, the dollar has lost 40% of its purchasing power against gold in the last year alone.
	Wow. These are historic times.
	$3,100 an ounce gold, and it surpassed that.
	It went into the mid $3,100s a couple days ago.
	And that's the key thing, even more important than the price of gold versus dollar, and that is the purchasing power of the dollar.
	And if it goes down by 40%, that's really the true value of the gold, isn't it?
	That's right.
	I mean that's what I try to teach is that when you're watching gold go up.
	It's not getting more valuable It's the dollars losing purchasing power against it because it's a monetary metal And I think that's that's the the key to all of this is the dollars losing its its purchasing power It's losing its reserve status More and more it's being dumped by central banks around the world and then you add in This chaos, which is this is from an economic standpoint David.
	I It's funny, I feel like, you know, when you see those shows from the 70s or so where a kid gets caught smoking cigarettes and the father would be like, well here, have a whole pack of cigarettes, you know, so he gets sick or something.
	And I feel like that's what I, I wanted tariffs, you know, for the last 20 years I've been reading about economic nationalism.
	I was an outlier.
	I ran for Congress on this and I, you know, I looked at all the history of it and I, I You know, give talks about it.
	And now that it's happening, it's happening in such a funhouse mirror version of what I was talking about that has nothing to do with, this isn't going to goose the economy, this isn't going to spur growth, and we're certainly not setting the conditions for companies to move here.
	So this is an entirely different thing that we're watching, and at the same time, You see, I mean, gold is a little bit below $3,100 an ounce today because there's profit-taking.
	I mean, there's massive gains in gold and then everything else, the trillions that were wiped out from retirement plans just in the last 48 hours is absolutely stunning.
	That's right.
	Yeah, trillions gone.
	And, you know, it is, as you said, it's a circus.
	The ringmaster is Jekyll and Hyde.
	We never know what he's going to do at any moment.
	And with all the stuff that's happening, the question is, with all these different disturbances, not just with terrorists, but with everything else.
	How many plates can Trump keep spinning in this three ring circus to keep this stuff going?
	But it seems like there doesn't seem to be any limit to that.
	You know, as soon as one of them starts to, one of them falls off the pole, they start another one and all the media seems to help him.
	Both the opposition media, as well as the supporting media, they help him to distract people to something else.
	And so a lot of people have said that they believe that Trump is deliberately trying to create a recession because he'd like to see interest rates lowered.
	You think that's, uh, I mean, we can only guess at his motives, but I mean, that, that certainly, I don't know if they'll lower the interest rates, but it certainly is looking like recession.
	Well, they're going to have to do something.
	This is going to cause such a massive downturn because, again, the, the other economic conditions and the timeframe for companies to move here and employ people and build infrastructure and make investments, they didn't make those conditions possible.
	They're just punishing.
	The imports in the folks that are doing business as usual, so nothing changed there.
	It's just this is going to throw a wrench in all of the money velocity and things that were going on, the liquidity itself, so that the Fed will be forced to do something.
	It'll have to lower rates.
	You have a 1929 situation on your hands, and I think anybody can see that.
	That's not, I don't think that's lost on the central planners.
	The issue that we're caught in the middle of this, and if you look at The BRICS nations, they're unifying.
	We talked about it last time I was on the show.
	They're building cross-border payment systems, which I've been talking about, using gold and other commodities as stabilizing value as the dollar loses market share.
	And meanwhile, we're isolating our trade partners and people in our own hemisphere.
	I mean, Canada's ridiculous.
	And I know that you can throw out You know, Canada has like 230% tariffs on dairy and things like that and agricultural stuff.
	But with NAFTA, over the years, we've had pretty stable trade on most things, you know, without too high of tariffs or zero tariffs.
	So that's worked for a long time.
	it just doesn't make any sense what we're doing if you're looking at from an economic standpoint But if you're looking at it from a chaos standpoint, you want to get to a place where the crisis will call for a resetting of the financial framework, then this is how you do it.
	And you do it under this guise.
	And, of course, using this, you can blame others.
	And there's got to be some underlying strategy in here that has nothing to do with what they've been.
	I mean, Trump's right when he talks about the era of tariffs.
	And I talked about that for you.
	And it ended really in 1913.
	It was when you get the Federal Reserve, the income tax, and you get the first – Real free trade policies in the United States with Woodrow Wilson, and it's been absolutely destructive.
	He's right about that.
	Except he left out the Federal Reserve.
	He complained about the income tax, but he didn't say anything about the Federal Reserve.
	Right. Because he wants to be able to have that kind of impact as Powell.
	As a matter of fact, he wants Powell to take his orders so that he can do all that.
	No, I think you go back and you look at CBDC.
	Okay. And he's doing it in a more effective way,
	because people – Biden just does it by, you know, here, I'm going to ban this, I'm going to force you to do this, and here's my order to do this.
	With a lot of the stuff that Trump is doing, yes, he's done a lot of executive orders, but a lot of the stuff that he's doing is very subtle.
	In the same way that he's coming up with a private digital currency, he's also coming up with a different way to completely reset the financial system for that private digital currency, I think.
	There was an article up on Zero Hedge, Maxine Waters was, of all people, saying Trump's going to create his own coin, it's going to be his coin that replaces the dollar, which she might not be that far off the mark.
	That's right.
	I mean, that's kind of, I mean, she's characterizing that in, I think, a ridiculous way, but no stable coins, another thing, we've talked about that.
	That's kind of a Trojan horse.
	If you, you know, you can get rid of so-called CBDC, but if you use the The Fed now system and the backbone that they've already built and you use something else.
	Oh, this is a this mirrors the dollar and it's electronic and it's blockchain.
	You have to watch out for all that.
	And we're not through the woods yet on CBDC.
	That's not even close.
	I didn't think so.
	I mean, Trump said that in Nashville at the Bitcoin conference that there's never going to be a CBDC.
	It just won't be called that.
	It'll be called something else.
	This is the the flip side of the public private partnerships that you get.
	You know, when you get a different administration, as opposed to Biden, it's a different strategy, but the same result.
	what bothers me is the economic crisis that will be needed they're getting you It's kind of like Project for a New American Century.
	They came out in September of 2000 with Bill Kristol and others, the think tank.
	They needed a Pearl Harbor-style event to usher in a rogue state rollback and all this seven countries in five years, all that stuff, the neocon project.
	Well, one year later, they got it.
	You're setting the stage here for something, I think, because it's going to be an economic crisis that will lay the groundwork for a lot of things if we're not careful.
	And I think a big part of this, you go back and you look at Curtis Jarvin and these other people, as I talked about the last couple of days, he had war game.
	Here's what Trump needs to do.
	They need to completely – America needs to get over its fear of dictators, and we really need a dictator because that's the only way that we're going to get what we want.
	A lot of these – Talk about cognitive dissonance there.
	You know, how do you get rid of that guy, right, once you put him in there?
	But, you know, that's what they're talking about and how Trump need to be a dictator.
	And so when he creates chaos, when he creates destruction, that makes a case for him being a dictator, makes a case for everything that the government wants to do.
	And when you look at what Maxine Waters is saying, I think she's on to something in a sense.
	I don't think, and I talked about this as well, the world liberty.
	Thank you.
	I think it was.
	No, half a billion they've made off of this, and it is just right off the bat.
	But they've got the potential for a lot more.
	I think primarily this so-called DeFi thing of world liberty.
	It's not decentralized.
	It's very centralized.
	It's under the control of the Trump family.
	But I think that they're going to use this as payola, because people can make anonymous, you know, jump into this anonymously.
	And, you know, that's a great way to launder the money for what he's doing.
	But I think that there certainly is going to be a stablecoin, and as we've talked about this before, stablecoins that are dollar-based are going to be a way to handle the problems they've got as to who's going to buy our worthless bonds.
	from the treasury right well we can have a stable coin people buy it they don't want to have a situation where they can't sell these bonds so all of this stuff all this crypto stuff plays perfectly into what the techno brats want and what trump wants with making money and all this chaos feeds into that as well i don't know it seems
	There's a lot of open questions here for me, something I study this every single day, and you had Larry Fink, the head of BlackRock, came out a few months ago.
	Well, not even that.
	It's only been like a month and a half ago.
	He's at Davos.
	And he said that Bitcoin was going to $700,000.
	And BlackRock, they get their return.
	It's something I said in January of 2024 when Bitcoin was trading at $30,000 or so.
	And I said, look, BlackRock's going to launch this ETF.
	It was the biggest ETF in history.
	They're still accumulating.
	There's still net inflows into those ETFs.
	However, gold has caught them, I think, by surprise.
	It's hard to say.
	I don't think there's a monolithic structure base here.
	I think there's a lot of chaos going on.
	I think there's a controlled demolition of the dollar going on.
	Somehow, this is part of the game.
	But I think you have different factions here because, on one hand, Bitcoin has not stood up to this chaos and uncertainty.
	It mirrors the market very much in the sense that if the market is scared, if the market is on the run, if the market's in a sell-off, in a bearish mode, Bitcoin follows.
	Right now it's down from, it was $86,000 and some changes, $82,000 this morning, and of course that's off of $108,000 on Inauguration Day on January 20th.
	So the crypto space Hasn't weathered very well.
	But gold, like, you know, we talked about this before the election, gold and silver took a massive hit after Trump was selected and, you know, going into inauguration day.
	And then now it's reversed.
	The roles are reversed, even with all the strategic Bitcoin reserve and all the stuff that's been deregulated on crypto and a new SEC chairman, all that stuff.
	Everything's still down.
	And that's because so much of this is tied to the markets.
	And so this to me is It's signaling something else, and as I watch it, I'm cautious not to make predictions, because even I'm a little stumped on this.
	I think what we are watching is the death of the dollar, but the question mark hanging over it is, is this an intentional strategy to tank it?
	Because what you're looking at is weaker dollar no matter what.
	If Powell steps in and lowers rates, You're looking at a further loss of purchasing power against gold.
	The world continues to dump the dollar.
	And of course, if it goes to something like a hyperinflation or a crash, that's where you can usher in CBDC through public-private partnership staple coin stuff.
	So it's hard to say exactly what's going on.
	None of this is good.
	Yeah, I think it's going to go in a direction that's going to make money for Trump and his friends.
	And I think a lot of people are starting to see that.
	I think it was a real tell.
	When, you know, the things that he's done with crypto, first of all, the Trump coin, the Melania coin, being connected to the same company that was being investigated for what was done in Argentina, and all the rest of this stuff.
	So that was one data point.
	Then when he comes down and starts talking about the Bitcoin reserve, and he starts talking about other coins that aren't Bitcoin, that haven't been used as an asset.
	They've been used as setting up smart contracts and used as clearing Thank you.
	about hijacking of bitcoin he said hey it was set up for transactions now these people have turned it into a hijacked it and turned it into a uh an appreciating asset and it's not really clear how that's going to work out we do know that gold is an appreciation appreciating out uh asset and i guess maybe with trump's actions as well as some of this other stuff some people are starting to have
	Darrell Bock Thank you.
	no more easy to do a transaction with a Bitcoin ETF than it is with Bitcoin itself.
	It made no sense at all.
	No, it would for people that there's a deficit there.
	They don't understand how to buy Bitcoin out a whole Bitcoin There's a huge that's where all the money is.
	Mm-hmm.
	You know, what was it?
	Babyface Nelson asked it back in the 30s Why do you rob banks is that's where the money is That's where the BlackRock went to the boomers and they went to people that don't know how to set up wallets or don't want to touch Bitcoin or whatever is it that's a the majority of where the money is held in the United States so that's what they went to and Unfortunately, that gives them leverage and, I think, undue influence on the Bitcoin network.
	So be it.
	I mean, Bitcoin's an open network.
	Anybody can get involved.
	So even giant bankster consortiums can do it.
	And I thought it would push the price up.
	But you're right.
	It was meant to be something else than what it's become.
	It's still the only real crypto.
	It's the only crypto that I deal in.
	Not that there's anything wrong with some of the other coins, but it's the only crypto that I deal in with my business.
	Look, there was a tweet that was put out the other day.
	I was on your show, and Katherine Austin Fitz replied to me and said, you know, Bitcoin's a scam, Tony.
	Sorry. And she may be right.
	I may be wrong.
	I know that it's changed the minds of millions and millions and millions of people.
	I don't think it's getting them prepped for CBDC.
	A lot of younger people looked at Bitcoin and they never looked at the fiat system before, and now they're skeptical of fiat currency and central banking and everything.
	I think that's a good thing.
	You can't reverse that.
	The educational process of Bitcoin has been, I think, tremendous for the world.
	So we'll see.
	But definitely, it has not held up, even as a store of value, against this uncertainty.
	It has not done that.
	And it's not doing what a lot of the Bitcoin maximalists believe, you know, was going to happen.
	I don't think that's not happening anytime soon.
	Because we're entering into this is a you talk about all the time.
	Fourth turning institutions are rolling over.
	And now that we have the BRICS nations again, I'm going to keep saying that the BRICS are they're unifying more and more, getting stronger and stronger.
	We are getting weaker and our alliances are being I'm being scuttled, just willy-nilly.
	And so, there's a lot of uncertainty out there.
	It's definitely reflecting in the markets.
	I think we've only just begun to see what gold can do, David.
	And I haven't been somebody that's like, you know, doing a lot of price predictions because I've been wrong.
	I've actually been a little bearish.
	I didn't think we'd see $3,100 an ounce in the last five months.
	I wouldn't have predicted that.
	But I will say, I think I think silver, another part of this equation, governments are quietly adding silver to their balance sheets.
	The Russians have done that.
	The Chinese, others, they're quietly adding that.
	I think even the United States.
	And I think that this is something that we have to watch silver very closely, too.
	I think it's about to break out of its current gold-silver ratio that's absolutely ridiculous and has no basis in history.
	You know, remember the all-time high of silver is $52.50, and now it's $19.80.
	We haven't broken that since 1980, so 45 years ago.
	We're going to see, I think, silver is going to break out soon.
	A lot of these commodities, copper is at an all-time high, by the way.
	Copper and gold together, these mining stocks are up.
	The world is lurching towards commodities and real limited You're right.
	And when we talk about people moving to real assets, I think a lot of people just haven't gotten the memo that we were all served in 2007, 2008, because there's nothing more real than real estate.
	Right. And look at what they were able to do with ETFs.
	And yet, where do we see people going now?
	We see people, you know, part of the story this last week about the ETFs.
	Well, I think The big increase in the price of gold they said massive inflows and to the goal the paper gold the ETF gold right and so massive inflow of Money into paper gold now.
	These are people who have just started paying attention.
	I think to gold they don't really understand what this is that the gold ETFs don't make any more sense than a Bitcoin ETF and The people don't really realize that it's not going to track the price the spot price of gold Gold.
	It's not going to go up and down with it.
	They don't really realize that they don't really own any gold with that.
	And I think that's the big memo that needs to be gotten out.
	The Financial Times saying investors flock to gold funds as fears over the Trump Terrace Mount.
	Well, it's actually more like a fund house, right?
	Of mirrors, because you don't really have anything there.
	It's very much like all these securitized, tokenized things.
	And I think, by the way, You know, when we look at all this digital stuff, I think that it's this tokenization that we really got to watch out for.
	They want to put everything on tokens, all physical, real assets, property that people own, all that.
	They want to tokenize everything, and they come back and they say, well, it makes it easier for us to trade.
	Well, it also makes it more volatile.
	And it also means that you can lose everything.
	And I think that's what these people are setting up.
	We already saw this happen in the Great Recession.
	So I think that's a big part of it that needs to get out there is this, you know, watch out for the tokenization, watch out for the securitization, watch out for these ETFs and things like that, regardless of the assets that you get into.
	Well, that's their way of control.
	Yeah. And it takes something that's real and limited and finite and You know, something that has no counterparty risk, and then you give it counterparty risk.
	That's how you have leverage over the financial system.
	I think something is interesting that I've never seen before, and that is where my business did a lot of inversions in the last year.
	I mean, it just completely turned its on its head.
	Now we still have the smaller purchases have actually increased.
	Wolfpack and some of my subscription stuff has actually increased, but my direct sales have gone down.
	And they've gone down to a place where it's almost alarming.
	I don't want to use alarming because on the flip side of that, people are selling to me.
	Now, in a market where, and I talked to other dealers, I talked to the trading houses, I asked them, are you seeing the same thing?
	They're inundated.
	So here's the question, Mark, that hangs over this.
	Let me ask you this before we go for it.
	What do you mean when we say direct sales?
	You're making like a large purchase as opposed to...
	Like somebody calling me and saying, hey, I want $25,000 in direct sales.
	Gold and silver bullion, you know, do a 50-50 mix.
	Those used to do, you know, it's not uncommon for me to get 50, 100,000.
	You know, you do these larger purchases and those were frequent.
	We don't see those anymore.
	We see them, but they're not like they were in the last, I mean, five, six years, David.
	I've been in business since 2018 and with Wise Wolf.
	And so I've seen a lot and this has never happened before.
	And what's happening Is where people are selling to me because of the economic conditions, they're raising capital, prices are up.
	Well, that begs the question though, if the public is selling off, but prices continue to rise, somebody's buying.
	And I'm looking at the flow and I'm asking even the larger trade people, and these are institutions.
	So if you're buying right now because you can afford it, you're right.
	I mean, you're matching the large capital, you're matching those who have intelligence, and I'm not talking about like, I'm not talking about cognitive ability, I'm talking about they have intelligence and simulations that they're running all the time through these, you know, think tanks, and they're watching the trends.
	So if you're buying, you're actually mirroring what the wealthiest of the wealthy are doing.
	The average is selling off because, well, they might have to.
	Based off of, you know, we're in a crazy economic condition right now with inflation and everything that's happened.
	We have a very weak dollar and liquidity's limited.
	So I understand that.
	But prices continue to rise as people continue to sell.
	So somebody's buying, and you mentioned earlier about the ETFs and institutions.
	All it's going to take, and I think you're already starting to see it, you know, billionaires, Starting to buy physical gold and silver for actual delivery, it's going to change everything.
	And we're right on the cusp of where that starts to happen, David.
	It's always been convenient for them to buy GLD or SLV or whatever, park it in some fund.
	I don't think that's going to fly anymore.
	I think they're going to ask for physical delivery and all bets are off at that point.
	And, you know, I think that, you know, this article from Financial Times says central bank buying has been the main driver of gold purchases in recent years, but the recent surge in gold ETF inflows highlights how fears over the economy and stock markets have drawn.
	I think that's the key.
	I think you've got people who've been investing in the stock market.
	The stock market has had a really bad beginning here of this year and the Trump administration.
	And so these are people who are typically stock traders.
	And so they're going to look at, oh, yeah, I can get Gold is a stock, is an ETF.
	And they don't really understand what is there, the issues behind it, and it's an easy transaction for them.
	They're already working with their broker, so I just sell this stock and I buy an ETF.
	They aren't really thinking about that, and I think that's really what is happening with it.
	But as you pointed out, you've got gold bugs out there, maximalists like Max Keiser.
	Max the maximalist.
	He has been a Bitcoin maximalist for a long time.
	Now he's out there talking about Gold-backed crypto.
	Because he can't get away from the crypto mindset, right?
	Can't get away from the tokenization mindset.
	I mean, Max is just gold.
	Don't complicate it, right?
	But again, even he is now seeing this and is like, well, yeah, maybe I ought to think about that.
	I know, a gold crypto.
	So I think there's kind of this mindset I think so.
	A lot of these maximalists like Max are going to say, well, okay, what can we do with gold in a crypto world?
	You know, that's the, they're looking at it from that perspective, but I think the key thing is the fact that it is physical, that it is outside of any of these systems, the stock market system or the crypto system, to me that's its real ultimate strength, is that it is, you know, what makes it truly priceless is the privacy aspect of it.
	Well, that's true.
	I mean, no counterparty risk.
	If you have physical gold and silver and you get to a certain amount, you're going to want to have it stored somewhere.
	And if you need to do that, give me a call.
	I can point you in the right direction.
	I don't do storage, but I definitely understand the need for it at some level.
	You're right about Max Keiser and others.
	I think there's a lot of smart people in the space right now, whether they're crypto or whether they're precious metals or kind of people like me, which are both.
	And I think nobody has a clear picture of what's actually going on.
	We really don't know.
	Yeah, even the German government, the politicians in Germany are worried about the gold in their vaults in the U.S. It really is, I think, a sign of the times.
	It reminds me a lot of, if you ever read The Guns of August by Barbara Tuchman, it's about the lead-up to World War I. You know, they had so many war plans drawn up, David.
	Both sides, you know, the Germans and the French and the British.
	They all worked on the Germans especially.
	They had something called the Von Schlieffen Plan.
	You know, they're just always constantly updating their war plans at the beginning of the 20th century.
	And, of course, it kicked off finally in the summer of 1914.
	And then all those things were off the table.
	I mean, they had plans and plans on top of more plans, and then everything failed.
	And I think we're all looking at this.
	We all know there's a tsunami of debt.
	We're in a sea of infinite fiat, and it's debased itself.
	It really is truly disgusting if you look at the amount of people that are going to be wiped out.
	You know, there's that great scene from the big short with Brad Pitt.
	And he's talking to the two kids, they've stumbled upon this, you know, what was going to happen in 08 with the housing crisis and they're all proud of themselves.
	He said, you people, you realize people are going to die.
	You know, like this is going to affect when a certain, you know, market conditions and downturns, like there's a certain amount of deaths that follow.
	There's poverty, there's misery.
	And, you know, the average person is going to get caught off guard.
	So none of us really have a clear picture, but I do know, like, Watching the dollar lose purchasing power against gold, watching this, now we're starting a currency and trade war together, watching all this.
	Going back to our original argument is being outside the system is more important than ever, and that's taking control of your own destiny when it comes to your work and your savings.
	This is all a representation of energy, and you want to be as far away from counterparty risk as possible.
	You mentioned real estate.
	Real estate's overpriced.
	We're in a giant bubble with that as well.
	I don't think, and this is maybe, you know...
	And who can buy the real estate?
	BlackRock can buy the real estate, right?
	That's been the plan.
	They just create money out of thin air, and of course they buy it.
	It's all fake.
	It's all based off fake.
	I don't think That we're in a bubble for precious metals.
	I don't think that true price has been reflected in our current markets.
	And people can say, well, Tony, it's at an all-time high.
	I don't buy it.
	I think there's so much manipulation that's going on in the last 50 years, especially in the last 20. I think that we're just at the beginning of an absolute tsunami of revaluation across the board.
	Precious metals are just getting started, and this is going to be � it's mirroring, you know, and reflecting where we are.
	Darrell Bock If you go back and you look at � I've been talking about the writings of Curtis Yarvin, who basically is idolized by Peter Thiel.
	I mean, they look to this guy for ideas, and they echo what he has to say.
	They're talking about accelerationism.
	They're talking about Thank you.
	You know, they want to destroy everything so they can build it back better, so they can build it back with themselves owning everything and in control of everything.
	And so this is what everybody who seems to be in power, regardless of what their political philosophy is or what they would like to build back, they all want to burn it all down right now.
	And that's the key thing.
	That's why we've got to get out of that system as much as we can.
	And even to the extent that Everybody's starting to see how we're on the verge of collapse, as you point out.
	World War I, everybody was making plans because they could see the war was coming.
	Well, everybody's making plans now.
	You've got these German politicians saying, wait a minute, You know, should we have that much of our gold in New York and in America?
	Maybe we should repatriate that.
	And everybody's kind of circling the wagons and, you know, putting up barriers to things and prepping for a storm that is coming.
	They all see the storm is coming.
	And we need to do that as individuals because these people aren't going to do anything for you.
	It's all for them.
	They're going to leave you to die.
	This is like the Cold War again, the plan to save themselves and let everybody else die.
	This is continuity of government that we're talking about here.
	And that's their attitude.
	They're not going to do a thing for you.
	And so you need to make preparations and prep and things like that.
	And a big part of that is going to be having something that is outside their financial system that has value.
	And it's going to have even more value after all Thank you.
	Basically blown up the pump and dumps after they've pumped it and dumped it.
	You don't want to be a part of that Yeah, when when they're done with it you can have it that's That's really what we're seeing when they're done with the markets when they're done With their schemes that you can have what's left of the crumbs at the table And you know if you just you have to look at what history teaches us, you know, whether it's a fiat scheme You know, whether it's a Ponzi scheme, whatever it is.
	It always always comes crashing down You know, and you look at history with the, the French had this, um, with, and it's a, it's a blurb in history, but it's John Law.
	Have you ever read the history of that?
	It's, you know, mid, mid 1700s, David, they, the French, this is a Scotsman named John Law.
	He gets close to the French King and he says, you know, they're having some economic problems in France.
	He said, well, look, I've got this, uh, strategy, basically just print, you know, these notes direct from the treasury and, uh, you know, You know, there was this economic boom, and then he went and sold, you know, the Louisiana Purchase Area, you know, all that stuff that the French held for a long time, and he sold off shares in that.
	And they just kept inflating the shares.
	And there was economic prosperity for a while.
	A lot of people got, on paper, got really rich.
	And then all of a sudden, you know, somebody said, well, I got to, I'll go to Colin, you know, and turn in these notes.
	I need some gold.
	And then a few others did that.
	And then there wasn't any gold.
	There wasn't anything to back up the notes that they had printed.
	The entire thing collapsed in on itself like a dying star.
	There were so many people that got wiped out.
	It was an absolute economic disaster.
	That's what happens with fiat currency.
	It's just that this has been on a much larger scale.
	A lot of people look at 1971 and they'll say, Well, we've, you know, since 71 we have, um, we've lost, uh, you know, we've certainly, if you believe in the space race, we haven't gone back to the moon.
	We haven't done this or that.
	We have lost, uh, so much footing in the, in the engineering aspects and other technological advances.
	We didn't stay on par, you know, what happened?
	Well, we left exactitude.
	We left, uh, the gold standard or what the semblance of any kind of fiscal sanity you have, you know, trillions that have been printed off the books.
	You know, to fund the deep state and other things, and things that shouldn't exist.
	We live in a funhouse mirror version of what an economy is supposed to look like, and so none of that is sustainable.
	I think that it has a direct correlation with the fiat system, with corruption.
	And so we're watching, this is gonna play out.
	First of all, you know, we talk about tariffs.
	You can't fix the trade imbalances unless you fix the monetary imbalances.
	And he doesn't mention that.
	Yeah, yeah.
	He's not going to bring manufacturing back as long as he's got all these regulations and taxes, but he's really looking at lowering the taxes that you see while raising the taxes that you don't see.
	It's all just a shell game.
	You were talking earlier about Intel and saying it wasn't intelligence.
	You know, as you talk about John Law and all the rest of this stuff, remember that Isaac Newton We've lost a lot of money in, I don't know, the East India thing, or the Tulip Bulb Circle thing, or the Tulip Bulb thing, or both of them, I don't know. But, you know, this is a guy who was no intellectual slouch.
	He created calculus and physics that people have used for the most part.
	Newtonian physics is the basis of most of the real stuff that we do.
	He got snookered by this and and so it's not about intelligence, but it's about Intel and It's about looking at what the people who are manipulating the market are doing And you're right, you need to take a look at the central banks.
	There's this disconnect now between what people at the retail level are doing and what the central banks are doing.
	And just watch the people who are going to be the manipulators.
	Trade stocks that Pelosi trades.
	Follow Pelosi, follow the central banks if you've got the money.
	And of course we're getting into difficult times, but if you've got the money, that's the way you need to invest it is by following the manipulators out there.
	Well, that's one way to do it.
	You follow the corruption, you follow the profit, you follow who enriches themselves in this current system, and even they will be affected.
	I mean, I don't think you'll be able to hide from what's coming.
	Look at the trillions that were just wiped out in an instant.
	Think about a lot of those people if they just six months ago traded in those 401ks or IRAs and said, I want physical gold, physical silver.
	Yeah. If
	you look at gold, too, at the end of the 20th century, David, it was less than $300 an ounce.
	About the time I was going into the Army, it was less than $300 an ounce.
	Put that, juxtapose that to the stock market today.
	If you just started accumulating physical gold, or even physical silver at the same time, and then put that against where the market is today, Which one are you better off in?
	Are you better off being your own bank, you know, and holding without counterparty risk?
	Or are you better off holding paper and fang stocks?
	Well, Jim Cramer would tell you, give you some metrics about how it's up and blah blah.
	Gold is $3,000 an ounce, you know, give or take.
	Okay? It's ten times.
	So that's just physics.
	You didn't even have to do anything.
	You don't have to do a lot of analytical research.
	You don't have to worry about who's on the board.
	You don't even have to polish it.
	Yeah, you don't have to polish it.
	It's not Enron.
	You don't have to worry about WorldCom going out or Lehman Brothers or anything like that.
	You just hold it in your hand.
	And so, I mean, it's really, it's funny because You know, the deeper you get into the financial system, you think that these people are geniuses.
	You mentioned Isaac Newton, and there's been a lot of smart people that go broke.
	I mean, Thomas Jefferson, who I love.
	I mean, I admire so much, and he's one of my heroes.
	He's terrible with money.
	Terrible. I'm not smart like him, but I do a pretty good job when it comes to knowing what, like the monetary system.
	There's something I see in that, you know, in the way that I don't think he saw it that way.
	He was at millions.
	It was like a million dollars in debt, I think, at the time.
	Well, you know, he had the things that he loved.
	He didn't love money that much.
	He had all these books, which in those days, collecting books was almost like collecting cars today, you know?
	And then when they burned down the Library of Congress, he donated his book collection to them, you know?
	He's not looking to make a buck, you know?
	That was one thing about the Founders.
	they were not there like trump in order to feather their nest that's true to become multi-billionaires that's they were not about that at all and and so you know in a sense i i understand that i feel that way myself i'm not interested in and in that but i am interested in fighting tyranny especially in my life and and so i want to make sure that i've got something that isn't going to be You know? Spying on me.
	Your gold is not going to be calling in to the Geospatial Intelligence Agency and telling them what I'm doing here.
	But your money is, in every other form.
	Your dollar is going to be doing that.
	All of your stable coins are going to be doing that.
	You name it.
	Every one of these other things is going to be doing that, except for your gold.
	Your gold is not going to report on you.
	It's also not going to run away when it gets a whistle from the government to do so.
	You know, when you get deplatified.
	Yes. about people seeing big economic unrest coming and You know they get sell all their stocks and things like put it into gold and then when the depression hits They're liquid and they can buy a lot of stuff at fire sale prices Well, that's great.
	If you see that coming and if the timing works out Because it's one thing to see it coming.
	It's another thing to see the timing but with this is completely different We've never had a situation where they've tried to control every aspect of our life with a digital currency And that's what makes this time different.
	Now, we've seen the financial stuff, and it's worked out great, but even if it didn't work out great, it would still be a wise thing to do, because we've never seen this kind of threat to our lives before, like we do from the digital cash.
	I agree one thousand percent, and the climate is being primed for that.
	We have to be very careful.
	Eternal vigilance is the price of liberty.
	You know, that's what we have to Continue to strive to understand and uncover what's happening.
	I don't think people looking at this through the lens of economics, I think there's something much deeper here.
	Oh yeah.
	I don't pretend to know everything when it comes to this.
	I just know that the monetary system itself is imploding.
	And faster than I thought possible, David.
	I didn't think I'd see this.
	But we are watching, and it's going to be interesting.
	Living in interesting times, as we always say, every Thursday.
	Yeah, it really is.
	Yeah, you look at all this stuff, and I remember a few years ago going to a big car show in Austin, and I went around interviewing people and did a report on it, and I would ask them, I said, so you realize that they want to get rid of all these cars?
	You know, they had classic cars, they had customized cars and all the rest of the stuff.
	They realize that they want to get rid of this.
	You think it's going to happen?
	Oh, yeah, it's going to happen.
	But it's not going to happen in my lifetime.
	You know, 18, 19-year-olds, �Ah, they're not going to get rid of cars in my lifetime.� It's like, �Really?� Okay.
	And now we see that even for those of us in our 60s and 70s, it's kind It's coming in our lifetime.
	That's the way they've accelerated this stuff.
	I thought it was interesting to see how these people thought, no, that's some point in the future.
	I don't have to worry about that.
	Uh, but now it's on all of us, regardless of our age, uh, what they're planning on doing with all this stuff.
	But tell us a little bit about, I'm sure, like I said before, I'm sure you've been really, really busy, uh, there at a wise Wolf.
	You said that, um, uh, those it's mainly been, uh, people selling to you.
	Is that correct?
	I think that's the majority.
	And we've gotten some.
	Some good direct sales that, you know, people that have been purchasing from us.
	We always have that and that if you're doing that right now, good for you because so is the largest capital and holders in the world when it comes to precious metals, so you're done good.
	Yeah, we've seen a change there and it is concerning to me because I think that a lot of people are going to miss out if they're not, you know, they think that there's going to be like a Yeah, I've had people comment, I'm waiting for the downturn.
	I don't know.
	I don't, I don't, I just don't know.
	You have a cartoon of a skeleton covered in spiderwebs saying I'm waiting for the downturn.
	The financial system is collapsing, you know.
	I just, I think you might misunderstand if If you're waiting for something to turn down now at this point, I think you might misunderstand the monetary system.
	And in a complete collapse, it might go to something, but then no one's selling.
	So I don't know.
	I think, you know, it's definitely a good time to buy.
	It really is.
	We never know what's going to happen.
	I mean, you know, I was kind of surprised at how much it turned down as everybody got so enthused about Trump and his crypto stuff.
	But as you and I talked about, the fundamentals had not changed.
	And so that certainly was a buying opportunity.
	I talked about that.
	I said, gold is on sale.
	Remember that?
	I love the commercial.
	The commercial is like, it's on sale!
	You know, Trump euphoria has put gold on sale.
	And now people are starting to have some buyers regret when they...
	They look at what's happening with Trump and what's happening with the economy, and so that's the reality.
	The fundamentals didn't change.
	There was a lot of hopium that was being snorted by people for a while there, and they're starting to have the – this is like the morning after, you know, they got the Trump hangover, I guess, is starting to kick in.
	Well, is there anything else you want to tell us about what's going on at Weiswolf?
	Well, the membership program is doing great, and we added Sigma Wolf, which is at the $750 level, and I made some changes in there.
	Starting at that level, it's $750, which you can make one time.
	The stuff on Wolfpack, you go to davidknight.gold.
	If you go and hit that tab that says join Wolfpack, all of those are, you can do one time or you can do subscriptions.
	And we don't make it hard on you to get in and out of that.
	If you want to stop the subscription or the one, we don't, it's easy.
	My, my team is like just ready to pounce on an email.
	We don't let you languish or give you 5,000, you know?
	Uh, are you sure you want to camp?
	We just like, sure, we'll help you get in and out.
	Um, but the 750 level, that's where you can pick gold, silver, or mix.
	So we can give all gold, all silver or mix and then, you know, we'll fill it in the order, you know, based off whatever we buy, whatever we're getting in that week.
	Uh, so that's something that I added to be a little bit more competitive cause it was, it jumped from 500 to a thousand.
	So those are some ways like, you know, just doing a one-time purchase through Wolfpack if you can, like even if you don't want to set up on it, that's a good way because we, we put on those invoices, I squeeze every bit of value I can out of those.
	Um, so.
	That's a good way to do it.
	I know not everybody has, you know, and we did something that the other companies just don't do.
	I mean, we care about regular folks.
	Not everybody has, you know, tens of thousands of dollars to buy precious metals, but you can go ahead and I mean, if you're stacking precious metals right now, you're being smart.
	I mean, because again, that's not something the dollar is not going to hold up against whatever all this is happening right now.
	It's not going to do better.
	The dollar is not going to be stronger Two years from now, against commodities.
	It's just not.
	Yeah. So, something to look for there.
	And I would add, too, that, you know, we do broker Bitcoin.
	That's fully operational now.
	So, if you want to buy Bitcoin, just let us know and we can set you up with a wallet, do all that.
	It's a white glove service.
	So, we're doing that.
	Myself and my brother, he's helping me.
	We've been in the space since 2016.
	And we take Bitcoin as cash.
	We don't charge fees.
	If you want to buy precious metals from us, let us know.
	You can do it on the Wolfpack site, or you can go direct with me.
	We should get in contact with Max Keiser.
	If you want to get rid of your Bitcoin, you can switch it over into gold.
	You don't have to worry about somebody coming up with a crypto gold.
	You can do it right now at Tony's.
	That's a key thing, and I think it's key, as you pointed out, you've got that larger level.
	Maybe somebody doesn't have $750 a month that they want to put into it, but if they want to do a one-time purchase of $750, it's a great way to go.
	As you point out, gold, silver, mixed.
	We started at $50, you know.
	We got $50 a month.
	And that's the majority of our members.
	I mean, there's a lone wolf.
	That's the majority.
	But we've got everything in between.
	So, if you want to hit it one time, you can do that.
	You can use Bitcoin.
	I'm trying to make it as easy as possible to get in and out of the fiat system.
	That's great.
	And what I like about it, I've said this as well, you know, when I was talking about the ETFs, I had somebody with a question saying, you know, so what should I do?
	I don't have a lot of money to put in.
	It's like, well, you know, you can get $50.
	You know, you can do it one time even, you know, at Tony's.
	And what I like about it is that you see that you can get physical gold in a fraction of an ounce.
	And there's a lot of ways that it can go out there.
	And the chiclet things and the gold Darrell Bock Darrell
	Bock Prep to get out of the system, because the system is coming after you.
	That's really what's happening.
	Thank you so much, Tony.
	Oh, you've got one more thing.
	You've got a program following today after my program.
	Is that correct?
	Yeah, come find me.
	I'll be on Rumble on the America Unplugged channel, and on my ex, Tony Arterburn, we'll be live there for the Arterburn radio transmission.
	It's an hour, and we'll continue this conversation.
	Good. Good.
	That'll be great.
	All right.
	Well, thank you, Tony, and thank you for joining us, and thank you for your support.
	Folks, we'll be right back.
	Music 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.
	Oh, nothing.
	Be happy.
	Be happy.
	You'll owe nothing.
	And be happy.
	Be happy and eat some bugs.
	They're doing what?
	In the place they named after me?
	Good thing I have the David Night Show to keep me informed on the plots of these traitors.
	Making sense.
	Common again.
	This is the David Night Show.
	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.
	Yes, the air is thick with intrigue, as it seems that in our modern age of propaganda, even a humble bovine's backside can be branded a national security threat.
	The menace is invisible, silent, Yet deadly.
	Carefully contrived to panic the masses into accepting the government stepping in, jackboots and all, with their solutions.
	Because who better to stop a gaseous threat than a bunch of political windbags?
	But one must wonder, is this truly about saving the planet, or are we simply being led to pasture?
	Is it merely a MacGuffin?
	The David Knight Show serves as a breath of fresh air for those who still believe that truth can stand up to scrutiny.
	And he's found that the government narrative smells suspiciously like a load of bull.
	So if you want to help others catch wind of the BS being shoveled out of Washington, please consider supporting the show.
	And now back to our regularly scheduled program.
	You're listening to The David Knight Show.
	By the way, as several people have suggested, and of course it was right to do it, I had been waiting to put Hitchcock up when I could do subtitles on it, which is what most people do on social media, but we went ahead and just put it up as it was, and so it's now pinned to the top of my Twitter account.
	Libertarian. So we've had some people say, hey, can you put that up and we'll pass it around.
	So please pass it around.
	I think it'll help people to see what's happening with these political windbags.
	And we've got a political windbag extraordinaire in Canada now.
	The guy who, as I pointed out, has, was never been elected to anything, but he has been selected many times.
	He's been selected to be head of the bank of Canada, selected to be head of the bank of England as well.
	And now selected to be Prime Minister.
	And they like him at the World Economic Forum.
	As a matter of fact, LifeSite News has put up a 2023 video that he did for the World Economic Forum.
	Mark Carney pushing a financial revolution, he said, in order to be able to achieve the net zero goals.
	And that is the whole point.
	This is the paranoia and conspiracy that these people have set out there.
	In order to get their financial revolution, they will sell you the net zero goals.
	It's the exact opposite of what Mark Carney is saying.
	He says, in order to get the net, our goal is net zero.
	And so we're going to have to have a financial revolution.
	No, their goal is a financial revolution.
	Their MacGuffin is net zero.
	A conspiracy based on fear and paranoia 2023 video by the World Economic Forum featuring now selected Prime Minister Mark Carney Heralding the idea of net zero climate goals to spur a financial revolution He said time is running out to make this transition to net zero To have a sustainable world.
	Well, you know what they want to sustain and that's their power their wealth their dominance and They want to extend it.
	Of course.
	He said we need to transition the energy system On the scale of the industrial revolution.
	It is a fourth turning.
	How many times have they talked about this?
	And even Klaus Schwab loves to talk about the fourth industrial revolution.
	Of course, the way he says it is the forced industrial revolution.
	You think that's his German accent?
	No, that's the false industrial revolution.
	It's going by force.
	They're going to force us into it.
	That's what the net zero is really about.
	He said we need to transition the energy system.
	They're gonna trans it.
	It's just like they try to trans your kids.
	They're gonna trans your energy.
	On the scale of the Industrial Revolution and at the speed of the digital transformation.
	Gotta go fast and break things as the techno brats say of Silicon Valley.
	We're going to need a fundamental transformation, really a revolution.
	...
	and the financial system.
	He explained the progress globalists have been making, detailing that at the 2021 UN Climate Change Conference in Glasgow, called COP26, he said only $5 trillion in the financial system was explicitly committed to net zero.
	But as of two years later, 2023, that number had gone up from $5 trillion to $130 trillion.
	Okay, which represents 40% of all global financial assets pledged to net zero.
	He then took a more direct climate alarmist approach, saying that that world is going to continue to experience more droughts, more hurricanes, more extreme weather, and more damage because of so-called climate change.
	Again, that is exactly the opposite.
	They can change the weather with geoengineering.
	But it's still not changing the climate.
	Not yet, anyway.
	Not to that extent.
	But of course you see the people who have always been a part of this, like Elon Musk, as I pointed out yesterday, the big X prize that he's got out there.
	You know, let's take all the CO2 out of the atmosphere.
	How about that?
	That would be great.
	What does he want to do?
	Turn the world into Mars or something?
	Where there's no vegetation?
	Maybe. Maybe.
	I don't know, but he's going to give $100 million.
	This is a prize that's been rolling out since 2019.
	I think it was.
	Wasn't that the date that it started?
	So here we are.
	After five years, you've got to be able to take tens of megatons of carbon dioxide, which is good, but we want to remove that.
	We want to pay to have that removed.
	We want to pay to transmit it, transfer it across the country in pipelines and then pay to pump it into the ground.
	Who are we going to pay?
	Oh, it's going to be these techno-brat billionaires, friends of Trump, friends who have the pipeline, governors, politicians who were going to be a part of this scheme.
	The only good thing about this so far is that at least in either North Dakota or South Dakota, forget which one, people fought back on this eminent domain aspect for this pipeline.
	And so far in the courts, they have prevailed.
	Well, we'll see what happens when it goes to the highly politicized Supreme Court, whether or not they prevail.
	But that has put a little bit of a kink into their plans.
	Leftists meltdown after climate change is removed from America's list of policy priorities.
	Hey, we're winning, aren't we?
	Well, no, actually we're not, and I'll tell you why.
	This is an article from Legal Insurrection, which is showing there the What's Up With That website.
	They picked it up, but it is originally from Legal insurrection.
	And they think that this is about leftist tears.
	Folks, this isn't about leftist tears.
	This isn't about left and right at all.
	And if you think it is, you've really lost the plot.
	Leftists are melting down.
	As climate change is removed from the National Threat Assessment, a Bloomberg opinion piece provides a great list of all the winning That team Trump has had over the past 52 days Says Leslie Eastman at the legal insurrection.
	Well, no, it's not winning at all and It is window dressing is what it is All right.
	Have you had enough window dressing?
	Are you tired of the window dressing because it's not winning.
	it's not what it is uh look the environment and the movements and that was the best aspect in my opinion of the first trump term but it was far far far less than should have been done for example he pretended the entire time that we
	were in the paris climate accord and that enabled things for biden as well they should have exposed that fraud should have refused to participate in it but instead they said oh yeah we're in it and we got to stay in it now for four years well if we'd legitimately entered into that
	agreement that was a part of the agreement but we never ratified that treaty so he pretended that we were in it and many other things that were lacking in that uh main and senator angus king called the director of the national intelligence
	tulsi gabbard uh he grilled her rather in a recent senate hearing over this he's very upset about the the fact that climate change has been removed as a threat from the national intelligence assessment he said every single What has happened?
	Has global climate change been solved?
	Why is it that it's not in this report?
	And who made that decision that it should not be in the report when it's been in every one of the 11 prior reports?
	Okay. So that was in all of Trump's reports as well.
	Global climate change is one of our biggest threat assessments, and of course they've listed that at the Pentagon and other things.
	Climate change.
	We've got to consider climate change.
	Well, so let's start making battery-operated tanks and nonsense like that.
	Anyway, she responded, and I think her response is very telling.
	Tulsi Gabbard said, for the intelligence community to be aware of the environment that they're operating on is a given.
	And we know this.
	We don't have to put it in.
	It's basically what she's saying.
	She said this report was focused very directly on the threats that we deem most critical to the U.S. and our national security system.
	And the annual threat assessment is focused on the threat assessment, the most extreme critical direct threats to our national security, she said.
	And she said, but I don't remember telling the intelligence community to take climate change out.
	It's a given.
	It's a given.
	We all understand the world's going to melt down and we've got to change everything, right?
	That's a given.
	That is the environment in which we operate in, and we all understand that that is a given.
	I don't know why it's not there, she said.
	She doesn't want to say, no, the real threat is from the politicians who tell us that climate change is a threat.
	The most spectacularly histrionic response says Legal Insurrection.
	Again, they're excited about this.
	Look at this.
	Look at what a win we have.
	They're not going to put climate change in these documents.
	They've taken it off of their website.
	It's like, great, okay, get the regulations off my back and I'll be happy.
	It takes more than just not paying lip service to this insanity.
	Of course you shouldn't pay lip service to the insanity, but that doesn't change anything.
	But he says, Most spectacular histrionic response.
	Tears of the left.
	Oh, we're winning.
	Came from a Bloomberg opinion piece, which summarized 52 glorious days of President Trump's orders.
	This is the insanity, the delusion of the MAGA crowd and the Trump sucking proxy media.
	Glorious days of Trump's orders.
	Yeah, you'd be ready for the glorious days of his successor, his Democrat successor, who's going to give you a lot of days of orders as well, coming up.
	Well, top German politicians are calling for a resumption of Russian gas.
	Because look, this is what's real.
	They know what's real.
	And they're back there, they're blowing up each other's refineries, or they're Working about how they're going to keep oil flowing or the gas flowing.
	And remember that the U.S. blew up those pipelines to Germany from Russia.
	The reason they blew them up was because they wanted to be able to sell liquid natural gas to Germany.
	And so, interestingly enough, you had protests that were being run by the Alternative for Deutschland, AFD, Which they accuse of being extreme right-wing radicals, and they have to be shut down and purged out, and all the other political parties unite against the conservative AFD, who was there saying, you need to open up that pipeline.
	And it was, the gas is in the pipeline, Nord Stream 2, and the gas is in the pipeline, German officials would not open the valve and let it in, and then lo and behold, the U.S. blows it up!
	Well, now a senior politician who is with the Christian Democrats, which they call center-right.
	There isn't any center-right with these people, but that's the party of Fred Mertz.
	And this guy is now saying that the EU sanctions on Russia are completely out of date and we need to resume buying Russian gas.
	Well, again, the whole purpose of blowing that thing up was because the people who were running the Biden administration said we need to sell them American gas and not have them buy Russian gas.
	And when you look at these Wars, and Syria, and other places.
	It really is about these pipelines.
	The energy is real.
	You know, what they want to call it, fossil fuel.
	They want to tell you that we've had peak oil.
	Those are CIA lies, carefully constructed.
	But no, that is the real energy, fuel.
	And they want to tell you that it's going to disappear, or that it has to disappear, or the planet is going to die.
	They've got all these different lies that are out there, and yet, they're still fighting.
	Over energy, because it's real.
	It's just like the gold thing.
	When you realize that you're weakening yourself more than your opponent, said one of the guys.
	Well, that's been going on for quite some time.
	And you have these doctrinaire, bullheaded, corrupt politicians like Mark Carney in Canada, who's affiliated with the World Economic Forum.
	They're pushing net zero.
	And net zero is a suicide pact, folks, for Common people.
	Of course, people like Mark Carney, he'll be fine.
	He's not joining a suicide pact.
	He's signing you up for a suicide pact.
	And some of the people are starting to realize that there is no good result for this.
	So we're going to take a quick break.
	When we come back, we're going to take a look at some of the, actually some good news here.
	This is some good news, I think, in the military coming from Pete Hegseth.
	One of the reasons why they are so upset about all of that.
	On RumbleDG8, thank you for the tip.
	He says, David, the idea of real Americans believing this nonsense that politics has to be a team sport.
	It's a dangerous philosophy.
	Trump wants TikTok to block the exposure of genocide in Gaza.
	That's a key part of it.
	Key, key part of it.
	And I think it's also, that's the immediate thing that is there, but it is also To the point that social media is, folks, as we see with TikTok, it's a very effective control of public opinion.
	It's the most effective propaganda machine they've ever had.
	That's why Musk bought it.
	He bought it so that he could push his agenda on people and convince people.
	And they're able to not only, it's not just a broadcast thing, it's a, they close the feedback loop.
	When you have these social media platforms number one, they feed their artificial intelligence Engines that are just starving for human stuff, but it also allows them to Look at your politics and your religion and these things like that, but it allows them to look at the collective response to their propaganda and Because it's a feedback loop they can fine-tune that propaganda.
	Well, they believe this but not that so let's focus on You know, fixing that thing over there.
	And so it allows them, like they've never had before, they've always, they've had throughout the 20th century, in a sense we saw the 20th century was a history of increasing propaganda power, but this takes it to a whole new level, because they've got the feedback,
	and because they can observe you, and because they can look at You're right.
	now you're right the immediate for them is what's happening in gaza just like if we were to go back five years ago the immediate need for them at that point in time was to lie and propagandize you about the so-called pandemic and the coming vaccines and so forth now it's about gaza but the bottom line the bigger picture is that they want these tools of control propaganda and surveillance and they want to be the ones who are going to
	We're going to take a quick break and we will be right back.
	Hello, it's me, Volodymyr Zelensky.
	I'm so tired of wearing these same t-shirts everywhere for years.
	You'd think with all the billions I've skimmed off America, I could dress better.
	And I could, if only David Knight would send me one of his beautiful grey MacGuffin hoodies or a new black t-shirt with the MacGuffin logo in blue.
	But he told me to get lost.
	Maybe one of you American suckers can buy me some at thedavidknightshow.com.
	You should be able to buy me several hundred.
	Those amazing sand-colored microphone hoodies are so beautiful.
	I'd wear something other than green military cosplay to my various galas and social events.
	If you want to save on shipping, just put it in the next package of bombs and missiles coming from the USA.
	you you you you Well, that's one thing I agree with him on.
	I think these sand-colored hoodies are beautiful.
	Certainly looks much better than the attire that Elon Musk wears, for example.
	Even the cabinet meetings attended by Elon Musk would look better if he had one of these things.
	I'd sell him one, but you know, I don't think he's gonna buy anything from me.
	He wants me to buy from him.
	And of course, this is another one of the formats.
	We have t-shirts as well as hoodies.
	You'll find them at David Knight dot news.
	And, um, you can buy as many of those as you would like.
	Just don't send them to Ukraine.
	Well, let's talk a little bit about the Pentagon.
	Pete Hegseth has mandated uniform fitness standards for combat roles.
	Well, that's interesting.
	I think Pentagon this week ordered the elimination of lower physical fitness standards for women in combat units.
	Uh, and I guess this is one thing that we can thank the trainees for.
	They finally put to rest the myth that was sold to us for the longest time Are you going back to what was it 40s or 50s you had?
	Betty Hutton anything you can do I can do better.
	Remember that you can find that on YouTube and That attitude, you know going through that the nonsense that they sold everybody with the Billie Jean King and the What was the guy's name?
	Who let her beat him And Bobby Riggs, who rigged that tennis match.
	How could I forget Riggs and rigged tennis match?
	Anyway, we've seen that time.
	Oh yeah, women are better.
	And we see this all the time on all action movies now from Hollywood.
	You know, it's the women who are equal to or better than the men in terms of these fights.
	Well, that's just not reality.
	And so, an order by Pete Hegseth Mandated that all physical fitness requirements for combat armed positions units to see significant fighting in wartime that all those be sex neutral You want equality you got it.
	How about that?
	If you can handle the physical stress, then you're qualified for combat.
	Otherwise, no But you are going to get equality not equity That's the difference equity says you're going to reserve this number of spaces for me.
	Even if I am Not able to perform.
	No, no, no.
	You're going to have to do it with equality.
	And if they can perform, they can do it.
	The Army eased the grading standards for women and older service members in 2022.
	A study by the RAND Corporation said that women and older troops were failing the new test at significantly higher rates than men and younger troops.
	It's kind of a reason, I guess, that we used to have young men fight the wars.
	It wasn't just they wanted population control.
	They could handle the stress.
	It's one of the reasons why it was so alarming and amazing to see the Ukrainian army.
	And they've got all these guys who look like they're almost as old as me out there.
	And it's like, well, there's no way that I would be able to operate in that kind of environment.
	The Marines have a strength test for all recruits.
	Men have to complete three pull-ups or 34 push-ups in under two minutes.
	Women must complete one pull-up or 15 push-ups in the same time frame.
	So, again, they are going to give them anywhere from two times to three times an advantage over the men.
	You only have to do a half or a third of what the men do.
	I hope the enemy is that understanding.
	Oh, well, okay, since you're a woman, we won't push you that hard, right?
	You know, when I go back, I often think about � occasionally � it's become a thing on YouTube.
	One of the things I enjoy seeing are old ancient battles reproduced.
	Whether you're talking about a Civil War battle or a Roman battle or something else, you know, and they'll reproduce these, but especially when you go back to like these Roman battles and how these people would fight for hours.
	It's like, man, how do they have that kind of stamina?
	I think that's how we started getting men and strong men into this type of thing.
	They had to march.
	They had to be able to fight for hours.
	That's one of the reasons why you have this stuff here.
	That's still a thing in combat.
	It's all not just a push-button war.
	Hegsas said in a statement that women should not be allowed in combat units if they couldn't meet the same fitness standards as men.
	He's previously opposed the inclusion of women in combat jobs, like infantry, artillery, tank crews, and special forces, writing in a recent book that women cannot physically meet the same standards as men.
	I'll just tell you a story.
	Look at this.
	Tank crews.
	You know, I think, oh, well, I'm riding around in a tank.
	I don't have to be able to do anything except drive and shoot, you know, push the buttons or whatever.
	Well, that's not really the case, necessarily.
	You never know when that's going to happen.
	A guy that I was in a band with, he was a few years older than me, he had been in Vietnam.
	And he said, �Yeah, I survived because I was constantly getting severely wounded and going to the hospital.� And he spent most of his tour in the hospital with multiple things.
	As soon as he arrived, In Saigon there was a bombing attack in the city and he got hit in that bombing attack and he's in the hospital.
	That takes a few months for him to get out of the hospital.
	Then he gets out and he's in a tank crew.
	And he gets out of the tank to, let's say, use the bathroom even though there's no bathroom there.
	But he's in the position of using the bathroom and this kamikaze guy comes screaming out of the woods and stabs him!
	And he fought the guy off and was able to shoot him, you know.
	And so, you know, you're in a tank crew.
	You don't expect to be stabbed in a tank crew.
	It's not, but things happen in combat.
	So Pete Hex has later backtracked on that stance and said, well, if we have the right standard and if women meet that standard, then let's go.
	As women are pushed to break new ground and advance into elite combat roles like special forces, Questions arose over whether women should be held to a different fitness standard to ensure the roles were accessible to them.
	This tells you why so many Navy SEALs showed up on Capitol Hill to support Pete Hegseth.
	Are you going to play this game of just, you know, let's do DEI for the Navy SEALs?
	They have to operate as a team.
	Everybody's got to pull their weight.
	Or the Army Rangers as well.
	They've always mandated equal standards, whether you're men or women, and that is now what This is a dumb, honest-to-face idea, you know?
	Okay, I don't know if your mic is going, it's not going to me.
	I don't know if it's going out to them, but I couldn't hear you.
	I'll tell you what is not smart is what Mike Waltz is doing.
	He is, it's now come out that it wasn't just that one signal chat group that people are talking about with SignalGate.
	There was at least 20 of them now that have come out.
	So he's going to make Signal great again, perhaps if he gets fired.
	And Trump's not going to fire him, just because of ego.
	I'm not going to let them force me to fire him.
	I don't care what he does.
	Well, fine.
	But if he did fire him, I'm sure that they would bring him on at Signal.
	He could probably get a job at Signal, just like you've got so many of these other people They're supposed to be regulating Pfizer, and they go to work for Pfizer, or regulating Moderna, and they go to work for Moderna.
	Anyway, 20 signal chat groups were set up to discuss things like Ukraine, China, Russia.
	At least four people were added to signal groups anonymously, and they told Politico about the chats.
	Now, just understand, this guy, Mike Walsh, is the National Security Advisor.
	Do you think he's qualified for that?
	I really think that you need to have some qualifications for this other than being a devotee of Benjamin Netanyahu, which is what this guy is.
	He's just a puppet for that Israeli political party that is there now.
	On Tuesday it was reported that Mike Walsh and others of the National Security Council have used Gmail Gmail, probably one of the most insecure of the mail programs out there, to conduct official government business.
	And so the response from WND, actually this original article was by the Gateway Puppets.
	The Gateway Puppets take on all this though, is not, what's the matter with this guy and why is Trump keeping him in there?
	People are going to see the big board, come on!
	We've got to defend national security, they're going to see the big board.
	He's gonna send a picture of it to them.
	Anyway, their response is, well who's leaking this information about Mike Waltz and his signal groups?
	It's information about how he hasn't maintained what is one of the core responsibilities of his job as National Security Advisor.
	But that's the partisan insanity of these people.
	So the Trump administration is admitting that they wrongly sent the father and husband of U.S. citizens to El Salvador.
	And it's one thing to make a mistake, but it's another thing to say, we're not going to bring them back.
	And that's what they're saying.
	This is a story on Health Impact News, Brian Shalhavi, and he said, now the government can hunt down people and lock them up with no warrant, no trial, just call them, Terrorists, and you can do whatever you want.
	Just label them that, whether they are that or not.
	Because that's what they're doing to protesters.
	That's what they're doing to people who write op-ed pieces that they don't agree with.
	You call them a terrorist.
	He says, that's what happened to a Maryland man from El Salvador who is married to a U.S. citizen, also has a disabled child who is also a U.S. citizen.
	I wonder if that child was disabled with the vaccines here in America.
	In 2019, this man was granted asylum by a U.S. judge because accusations made against him about being a member of a gang were determined to be unfounded, and his life was determined to be in danger if he did return to El Salvador.
	Nevertheless, now ICE has sent him back anyway, a couple weeks ago.
	No warrant, no trial.
	Now they admit that they made a mistake, but they won't bring him back to the U.S. What are they using as an excuse?
	Well, they say, we can't bring him back because we don't have any jurisdiction in El Salvador.
	But Brian Shalhavi says, well, even though they are paying the government there to detain him, they can't do anything about it.
	We don't have any jurisdiction.
	But you sent him there, they accepted him, so you got some influence with them, right?
	Especially because you're paying them to keep him in jail.
	His wife only found out that he's one of the most dangerous and notorious people in prisons in the world because she saw him on TV.
	Probably that photo op that Kristi Noem had, where she shows up with her makeup and her hat and her jewelry.
	She's got a $50,000 Rolex.
	You know, Elon Musk is out there saying, we're going to find out how these politicians became multi-millionaires off of the salary that they get.
	You know, they get $100,000 or whatever it is, $100,000, $200,000, I don't know, but it's not enough to make them multi-millionaires.
	I don't know if, you know, Kristi Noem had a family business.
	It was a ranch.
	Could have been really large.
	I know that they added a restaurant to it and things like that.
	But still, a $50,000 Rolex?
	How did she become that wealthy?
	How did Elon Musk, for example, become that wealthy?
	And so, she goes down there and she poses in front of all these prisoners.
	And this guy's wife sees him in the background.
	Isn't that amazing?
	Isn't that disgusting?
	So, the question some people are asking is, is voter ID unconstitutional?
	Well, some of them are saying yes.
	We've got a lot of lawsuits being filed by Democrats, evidently because they want foreigners to be able to vote.
	That's really what is behind it, but they are making some legal arguments and the New American takes a look at what these arguments are, whether or not they have any merit.
	At the heart of both of these lawsuits that have been filed in Washington, D.C., we know how that's going to go in Washington, D.C., is the Constitution's Elections Clause.
	It gives states and not the president the power to run elections and it grants Congress limited authority to intervene.
	And so because of that, These lawsuits are saying that the order is a gross overreach, beyond the President's authority, in violation of the Constitution and federal law, and it represents an unlawful intrusion into the areas of election policymaking reserved by the Constitution to Congress and to the states.
	Well, here's the bottom line.
	This is the same thing that he did during the pandemic.
	He doesn't have any authority to tell people that they got to wear masks or they got to shut down their business or what but he pays the governors to do that and that money flows down and and as long as people are getting paid they will tell you that you got to wear a mask in order to walk over to a table and sit down and then you can take the mask off and stay as long as you want.
	They'll do that kind of insanity.
	Why? Because the president is paying them and he pays them.
	Why? And it's not just Trump and it's not just 2020.
	This has been done for the longest time as I've Pointed out many times too, because I've had so many people.
	He didn't do it.
	It was the Democrat governors who did it.
	No, it was Republican governors and it was, they were all doing it because Trump was giving them money.
	The hospitals did the things that the hospitals did because Trump was giving them money and the hospitals mandated the vaccines and push them out because Biden was going to take away that money.
	And so the money and the bribes and the blackmail has always been the way they get around these legal restrictions.
	And it's the way they get around the Tenth Amendment.
	And so even though you've got this election clause here, it doesn't really mean anything because that's not what he's doing.
	He's saying, I'll give you money for your elections if you do them this way.
	It's like saying, I will give you money for your schools if you run them this way.
	I'll give you money for your schools if you teach this and that.
	They say one of the most contested parts of the executive order is Section 7, which directs the U.S. Attorney General to take action against states that count mail ballots received after Election Day, even though those ballots are postmarked on time and accepted under state law.
	The complaint says states have wide discretion and flexibility under the elections and electors' clauses to establish the times, places, and manner of holding federal elections.
	But it's the money.
	It's the money, and that's what he is really focusing on.
	So, 18 states allow ballots that are postmarked by election day to arrive and to be counted afterward.
	And of course, where we lived for many years in North Carolina, they had the longest voting period of any state at that point in time, and they had a lot of corruption as well because of that.
	I know firsthand.
	from that.
	People who show up to vote on election day, oh, you voted a long time ago, because you didn't need to have ID, and they had the longest voting period of anybody.
	So Trump's order is directed to the Election Assistance Commission, and that is supposed to be independent and bipartisan, like the Federal Election Commission or something like that, or the FCC.
	So Trump has got an order telling them to add documentary proof of citizenship, to enforce the deadlines on mail ballots, to deny federal funds to states that don't comply.
	So again, I've got two things I want you to do, and only two, because there's a lot more issues than that.
	And I'm going to do it by withholding funds.
	And so that's what they're saying.
	He can't do that.
	And they point out that it most likely isn't going to happen.
	He's playing to the audience.
	Because this is something that they can't do right away because it'll be struck down in court, because there has to be a period of time for these regulations to go into effect, and because this is an independent commission and they don't necessarily need to do what he says.
	But it's all about winning, isn't it?
	You feel like you're winning?
	Thanks 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?
	Yes, the air is thick with intrigue, as it seems that in our modern age of propaganda, even a humble bovine's backside can be branded a national security threat.
	The menace is invisible, silent, yet deadly.
	Carefully contrived to panic the masses into accepting the government stepping in, jackboots and all, with their solutions.
	Because who better to stop a gaseous threat than a bunch of political windbags?
	But one must wonder, is this truly about saving the planet, or are we simply being led to pasture?
	Is it merely a MacGuffin?
	The David Knight Show serves as a breath of fresh air for those who still believe that truth can stand up to scrutiny.
	And he's found that the government narrative smells suspiciously like a load of bull.
	So if you want to help others catch wind of the BS being shoveled out of Washington, please consider supporting the show.
	And now back to our regularly scheduled program.

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