Nov. 14, 2025 - Gray Area - Rex Jones & Tim Tompkins
02:32:10
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| Welcome, guys. | ||
| Ooh, a little Sneak peek into what we might talk about for the first part of the show tonight. | ||
| Welcome to the gray area. | ||
| This is the 20th show. | ||
| Yes, it is. | ||
| It's going to be a big show. | ||
| We're going to celebrate, you know, every tennis shows when we hit a milestone like this. | ||
| And we're going to do something really fun for you guys. | ||
| Now, I had been talking to Tim about this, and he loved the idea. | ||
| And we basically agreed that we should go forward and do kind of debate discussion streams between, you know, people that have strong opinions and want to talk about certain topics. | ||
| Yeah, what drove this was the last episode when we kind of got into the immigration H-1B. | ||
| We had people listening and I had some people reach out and ask if they could just come on to have a conversation and give the other perspective. | ||
| Because, I mean, it's all about, like we said, gray area. | ||
| We don't like it to be a circle jerk. | ||
| We like to give, you know, facts across the world. | ||
| And it's beyond that. | ||
| Like we, we report, we discuss news, but at the end of the day, people have different opinions and we're not everyone. | ||
| I think a lot of times people make the mistake of, especially like when they have like a really big show, not even like us who are tiny people with huge shows, they go like, I know what the people think, blah, And I don't think that's true at all. | ||
| And we get to see with call-ins, especially now with the call-in debate discussion streams, we get to see how people actually feel on these topics beyond, you know, us discussing an overview of an issue. | ||
| So what are you looking for over there? | ||
| I'm just putting the oh, yeah, and I got you hiding the thing. | ||
| Yo, there we go. | ||
|
unidentified
|
All right. | |
| Keep talking. | ||
| You know, StreamYard's real fun. | ||
| We're getting better at using it. | ||
| As you can see, the studio has been upgraded, but there's still some things we're figuring out. | ||
| And like, we, we love our viewers. | ||
| We appreciate our viewers so much for being here with us and seeing our evolution. | ||
| At the end of the day, I'm excited about tonight because I know it's going to be fun. | ||
| I know it's going to be informative. | ||
| And I know that at the end of it, we're going to have a better idea of different positions on this issue. | ||
| You know, like me and myself, I have a position. | ||
| Tim has a position. | ||
| And both our callers tonight have positions. | ||
| And we're going to have kind of a semi-debate structure to this, I think. | ||
| I think we're going to give them three to five minutes to just, you know, state their positions at the beginning. | ||
| I think it's kind of hard to just enter into a conversation where you have two people of opposing viewpoints. | ||
| You essentially like two pit bulls, you know, let them out of the cage, basically. | ||
| And we don't want that. | ||
| We want to have a legitimate discussion that, you know, builds thought and allows people to have context regarding the whole situation, whatever you believe, right? | ||
| These are, this is what the argument is. | ||
| This is what the position is. | ||
| That's something very important in our politics and just in our lives in public in general, right? | ||
|
unidentified
|
Yep. | |
| And then as far as both of them, they both, I guess, prepared a little bit of like things we've been sent. | ||
| We've been sent so that we can pull up proof, evidence, because evidence is always great. | ||
| You don't want to just make a point without basing it. | ||
| So the debate is literally from, you know, American, you know, and I don't want to say versus, but it is, you know, countering a Indian citizen. | ||
| So you'll see how that's going to go. | ||
| This is new for us. | ||
| So it'll be entertaining. | ||
| It's new for you. | ||
| It's not necessarily new, new to me. | ||
| I've had a couple experiences like this with warring callers. | ||
| You know, here's the thing. | ||
| We are going to moderate here, guys. | ||
| Yeah. | ||
| We are going to moderate. | ||
| You cannot talk over people when we have the like 30, 45 minute discussion period. | ||
| You can't curse at people. | ||
| You can't say like horrific things about people, but you can go pretty far. | ||
| So it's going to be fun tonight. | ||
| We're going to get into all of it. | ||
| I've got a couple of news stories. | ||
| I know, Tim, you've got a story relating more to the financial sector and some very important news that people need to know, right? | ||
| Super important news. | ||
| And this is the thing I love about Tim is that he always finds the super important stuff to get into. | ||
| It's hard to find people like that. | ||
| But this is also super important. | ||
| What I want to get into first on the show. | ||
| You know, I was, I was watching old DD again. | ||
| I was watching Dew Dissidence, my, really, my favorite show at this point. | ||
| Go to. | ||
| And I was driving and they were talking about the Epstein emails. | ||
| So I was like, huh, like new stuff happened. | ||
| And I had heard about this. | ||
| I'd heard whisperings of this. | ||
| But at this point, we were talking about this before the show started. | ||
| It's just like, look, they're all complicit. | ||
| They're all in on it. | ||
| Democrat, Republican. | ||
| That's the only reason why it wouldn't get released under Biden. | ||
| It wouldn't get released under Trump. | ||
| The whole thing, like they're all guilty. | ||
| So who cares? | ||
| Right. | ||
| And they're never going to rat on each other. | ||
| No. | ||
| So I had just kind of like, you know, put it back in my mind, not thought about it. | ||
| And then I hear them talk about the story. | ||
| Apparently, Epstein is very talkative about how he felt about Trump. | ||
| If these emails are legitimate, and we're going to watch a video of Tim Poole kind of claiming to debunk it, but I haven't seen the video yet. | ||
| But very defamatory against Trump. | ||
| There are a lot of people. | ||
| The guy primarily who Epstein's communicating with these emails, Tim, he is, I forget his name. | ||
| We'll find it in here real quick, but he was a journalist that was extremely critical of Trump since like the very early days. | ||
| I don't know. | ||
| We don't want to. | ||
| Let's see. | ||
| I'll find on the email. | ||
| I'll find it here in a little bit. | ||
| It's on some of the emails. | ||
| But essentially, this guy, he had claimed that he had been shown photos by Epstein of Trump with like young women and stuff. | ||
| He claimed that he saw this black male and he's in these emails with Epstein before the 2016 election, you know, trying to find stuff on Trump, trying to take him down. | ||
| And I believe into it as well. | ||
| So what we're going to see in these emails is, you know, if they're real, it's a pretty revealing story of how these people think and how they operate. | ||
| And at the end of the day, it's like we've been saying, it's all a big club. | ||
| It's two wings on the same bird. | ||
| I think like we just had that solemn recognition, recognition of that, right? | ||
| Yeah, there's been some, I remember there's a Republican who tried to bring up the entire issue and try to get it through Congress. | ||
| The Democrats shut it down. | ||
| Right. | ||
| I mean, it's all, it's all BS. | ||
| It's why I do like people like Marjorie Taylor Greene or people like Massey. | ||
| I like him because, you know, you need to push on this. | ||
| The American people, excuse me, a little burp. | ||
| The American people elected Trump based off of this specific reason. | ||
| This was a big part of it. | ||
| I'd say this is about like 30% of the reason why people voted for him. | ||
| Yeah, I just don't know why you would try to push an issue like this if you knew you were involved, but I digress. | ||
| Well, I mean, Kash Patel went on like a million podcasts and said he was going to like demolish the Hoover building and turn it into a museum. | ||
| Yeah. | ||
| And like now he's flying in the private jet to go see his country music superstar, definitely not Honeypot Girlfriend. | ||
| She is definitely not. | ||
| And I agree with the lawsuit. | ||
| He should be sued for, I think $5 million isn't enough. | ||
| I think it should be $6 trillion. | ||
| That's reasonable. | ||
| So that's the, you're allowed to say that. | ||
| I'm allowed to say that. | ||
| And I feel like that would be slandering someone, right? | ||
| But you can say that all you want, but then you can't say that, you know, she might actually maybe possibly theoretically in Minecraft in another universe be one. | ||
| No. | ||
| Right? | ||
|
unidentified
|
Yeah. | |
| A little defensive Jedi tactics. | ||
| Jedi mind tricks here. | ||
| Metaphysically, politically, not violently. | ||
| I learned some good stuff from old pops. | ||
| But where are we at? | ||
| Let's get into this story here. | ||
| We're having fun tonight. | ||
| It's going to be a fun stream, Tim. | ||
| House Democrats released 20,000 Epstein pages detailing elite connections. | ||
| On November 13th, 2025, Democrats and the House Oversight Committee released over 20,000 pages from Epstein's estate, including emails showing his fixation on President Donald Trump and ties to like former Israel Prime Minister Ehud Barack and Saudi Crown Prince Mohammed bin Salman, also known as MBS for short. | ||
| The documents reveal Epstein expressed disdain for Trump, yes, and unverified claims of compromising photos, but contain no evidence implicating the president in criminal activity with one victim or alleged victim testifying Trump behaved as a gentleman. | ||
| Republicans criticize the release as a partisan effort amid polls showing low public approval for the administration's handling of the matter. | ||
| Okay. | ||
| So I want to go to, let's see which one it is. | ||
| That's the Tim Poole defense story, I believe. | ||
| Okay, here it is. | ||
| Jeffrey Epstein, I have met some very bad people, not as bad as Trump. | ||
| Not one decent bone in his body. | ||
| All right. | ||
| On Wednesday, February 8th, 2017. | ||
| All right. | ||
| And this is to Larry Summer. | ||
| I don't think that's the journalist. | ||
| It may be the journalist. | ||
| This is just an elite. | ||
| It's okay. | ||
| He didn't wreck world and avoided scandal. | ||
| What does, oh man, it's so tiny. | ||
| It's so hard. | ||
| Yeah. | ||
|
unidentified
|
Yeah. | |
| What does Rumeyer say his attitude say his attitude towards women? | ||
| Oh, okay. | ||
| It's too small. | ||
| I'm trying to read it. | ||
| A little error in judgment, a little mistake here. | ||
| I'm going to open the image in a new tab. | ||
| Give us one second to figure this out. | ||
| We do want to be able to read these emails. | ||
| I'm just going to open it in a new tab. | ||
| It's all good. | ||
| All right. | ||
|
unidentified
|
That's perfect. | |
| All right. | ||
| We got it. | ||
|
unidentified
|
All right. | |
| I was close. | ||
| It's okay. | ||
| He didn't wreck world and avoided scandal. | ||
| What does Rumler say? | ||
| Are his attitude towards women? | ||
| All right. | ||
| Oh, it's at the top. | ||
| Recall, I've told you I've met some very bad people, none as bad as Trump. | ||
| Not one decent cell in his body. | ||
| So yes, dangerous. | ||
| So I guess that's referring to Trump as being dangerous. | ||
|
unidentified
|
Yeah. | |
| Well, yeah. | ||
| What does that mean? | ||
| Just, you know, I'm sure there are certain things that Trump does behind closed doors that this guy knows about that other people don't know. | ||
| We kind of prepared in a crunch. | ||
| Let me try to find because there's more stuff. | ||
| And then there's also Tim Poole. | ||
| This is the other one. | ||
| Okay. | ||
| I think this is. | ||
| There's a lot. | ||
| There's a lot more too. | ||
| We're not doing the whole story justice. | ||
| This is just kind of a brief, you know, tidbit of the story. | ||
| So this is Jeffrey Epstein. | ||
| All right. | ||
| G-Max is Jelaine, right? | ||
| I think so. | ||
| Yeah, that makes sense. | ||
| You got that. | ||
| I didn't. | ||
| All right. | ||
| So Epstein to Maxwell, apparently. | ||
| I want you to realize that the dog that hasn't barked is Trump. | ||
| Redacted, spent hours at my house with him. | ||
| He has never once been mentioned, police chief, etc. | ||
| I'm 75% there. | ||
| So that's in 2011. | ||
| If this is real, if it is real. | ||
| And here's the thing. | ||
| You know, I saw my dad and I saw a bunch of people and we're about to watch the Timpool video of him claiming it's all fake. | ||
| I've seen a lot of people say that, right? | ||
| And here's the thing. | ||
| Why, if it was fake, why wouldn't they just release the whole thing? | ||
| Right? | ||
| Like, if there's nothing to worry about, why would you come out and tell us that he never trafficked anyone? | ||
| He wasn't a big deal. | ||
| He was just this like pedophile with hundreds of millions of dollars. | ||
| Why would you tell us this story when you ran on it being the case? | ||
| So who released this? | ||
| Because how have you? | ||
| The House Democrats. | ||
| Okay. | ||
| How long? | ||
| They unsolved. | ||
| Why has this been? | ||
| Oh, this was something that was sealed. | ||
| They voted on it. | ||
| Yeah. | ||
| Oh, well, then now. | ||
| Yeah, they voted to keep it all a secret, too. | ||
| Yeah. | ||
| I mean, look, every single person is complicit. | ||
| There's the arrow on there. | ||
| The president of Mongolia is in his phone book. | ||
| It's crazy. | ||
| All right. | ||
| Victim, Mar-a-Lago, redacted. | ||
| Trump said he asked me to resign. | ||
| Never remember ever. | ||
| Of course, he knew about the girls as he asked Ghislaine to stop. | ||
|
unidentified
|
Okay. | |
| Well, that's, you know, that's a little less incriminating in my opinion. | ||
| That reads a couple different ways. | ||
| Well, that's because he's already been president by this point. | ||
|
unidentified
|
Oh, man. | |
| Yeah, you're right. | ||
| I'm off tonight. | ||
| You're 100% correct. | ||
| 2019. | ||
| Yeah. | ||
| Pretty wild. | ||
| Keep going. | ||
| I will. | ||
| I will. | ||
| All right. | ||
| I think, oh, Michael Wolf. | ||
| That's the name of the journalist. | ||
| That's the name of the journalist. | ||
| He really does have it out for Trump. | ||
| We have to be fair. | ||
| We have to tell both sides. | ||
| I think you should let him hang himself. | ||
| If he says he hasn't been on the plane or to the house, then that gives you valuable PR and political currency. | ||
| You could hang him in a way that potentially generates a positive benefit for you. | ||
| Or if it really looks like he could win, you could save him generating a debt. | ||
| Of course, it is possible that when asked, he'll say Jeffrey is a great guy and has gotten a raw deal and is a victim of political correctness. | ||
| Ooh, isn't that perfect? | ||
| Which is to be outlawed in a Trump regime. | ||
| You know what's funny about this? | ||
| This is from 2015. | ||
| And I think that that's from Michael Wolfe to Jeffrey Epstein, right? | ||
| And we're going to get into Epstein's response here in just one second. | ||
| I think that that's actually exactly what happened. | ||
| Trump came out and said this is like a woke hoax, Democrat hoax. | ||
| The Epstein files are a Democrat hoax. | ||
| Like that is what ended up happening, right? | ||
| Is he called woke at the end? | ||
| So very prophetic here from Michael Wolf in 2015, in my opinion. | ||
| That's a great call. | ||
| And then Epstein says, or no, it's another, oh, yes, he does. | ||
| Epstein says, if we were able to craft an answer for him, what do you think it should be? | ||
| I hear CNN planning tonight. | ||
| Oh, planning to ask Trump tonight about his relationship with you either on air or scrum afterwards. | ||
| This is this is during, this is gearing up for election. | ||
| This is after the election. | ||
| Yeah, he's won. | ||
| He's pretty much. | ||
| He's won. | ||
| Okay. | ||
| Yeah. | ||
| This is December. | ||
| Pretty crazy. | ||
| Wow. | ||
| Yeah. | ||
| Crazy. | ||
| I would never even thought this stuff was happening. | ||
| So if we were to able to craft an answer for him, what do you think it should be? | ||
| Yeah, I don't see it. | ||
| I see. | ||
| How do people think this is completely fake? | ||
| I mean, you could craft this up, but like you could, you know, it's better than what they did for Tyler Robinson. | ||
| It's how I imagine Epstein talking, you know, but I think there's one more. | ||
| Maybe there is. | ||
| Maybe there is. | ||
| Okay, there's not. | ||
| I don't think so. | ||
| This is the last one. | ||
| All right. | ||
| Let's go to old Timmy P, Mr. Tim Poole, because he's got a response to this and he believes it's all bogus. | ||
| So let's watch him. | ||
| He's the master. | ||
| He's the seer. | ||
| He knows it all. | ||
| He's got a thousand IQ, conquered the dinosaurs and stuff. | ||
| Let's go ahead and watch Tim Poole. | ||
| Democrats recently released emails from Jeffrey Epstein, as well as emails between Jeffrey Epstein and journalist Michael Wolf, which they said proves Donald Trump was engaged in untoward activity. | ||
| However, he always does it. | ||
| Shortly after the release of these emails, it only people noticed the victim's name that was redacted was in fact Virginia Dufrey, who had already testified years ago that Trump never did anything wrong. | ||
| Look at this about Virginia Dufrey. | ||
| She committed suicide. | ||
| Oh, that's always the blame. | ||
| That's always what happens. | ||
| So the question then becomes, why did Democrats choose to redact the name of an individual who had already testified Trump never did anything wrong? | ||
| It's because they know that Virginia Dufrey testified this. | ||
| And by redacting the victim, no one knows who the victim supposedly is. | ||
| And it implies Trump did something wrong. | ||
| In other words, they're trying to frame Donald Trump. | ||
| Now, hey, don't get me wrong. | ||
| I want the Epstein files released. | ||
| I'm trying to throw it out. | ||
| Let's go, baby. | ||
| I don't know. | ||
| I want the files released. | ||
| I swear I want the files released. | ||
| I don't care. | ||
| I don't put pressure on the administration to release the files. | ||
| I want them released, but these emails are fake. | ||
| I want the files released. | ||
| I mean, look, how can you say you want the files released when you don't question it? | ||
| You don't call it out. | ||
| You're not constantly on President Trump's door, metaphorically speaking, pushing this issue. | ||
| I mean, Tim Pool has a huge audience. | ||
| And, you know, to be fair, I don't watch too much of his content anymore. | ||
| I used to a long time ago for sure. | ||
| But at the end of the day, like, you know, these people, they're not willing to ask the hard questions. | ||
| Okay. | ||
| My question is, who got the original version and got this redacted version and put them in the same place? | ||
| Like, isn't that also an ability for you to go and put any name there? | ||
| Like, can't you Photoshop this too? | ||
| I think it came from the government. | ||
| Okay. | ||
| I think that's what the government puts there. | ||
| So did somebody go back in time and like pull the original 2011 if this was publicly posted or something like that? | ||
| I got no idea. | ||
| This is not making any sense. | ||
| So like what, what, what, what, your analytical mind, what's not making sense, right? | ||
| What's not making sense is, okay, MJ Truth posted this. | ||
| Don't know where he got this. | ||
| I know Tim is commentating on this. | ||
| It's a shell game. | ||
|
unidentified
|
Okay. | |
| Right. | ||
| They're saying this redacted name really says Virginia. | ||
| Who found the original document and where is that coming from? | ||
| Right. | ||
| That's, that's where my mind is going. | ||
| It's like you could also delete the black box and put a name in there to be able to do war in the other direction and just completely disprove it. | ||
| So like double photoshopping, I don't know. | ||
| I really don't know. | ||
| Well, does that lead to you thinking it might be real and edited or fake? | ||
| I think it could be real. | ||
| And then the counter argument could be no, and then they try to make a counter argument by making it fake by adding the Virginia. | ||
| But I don't know if that's true or not. | ||
| It's very weird. | ||
| You know, I didn't hear anything that stuck out to me as proof that this is fake. | ||
| No, why? | ||
| Kash Patel, Dan Bongino, where anybody else is saying there's nothing going on. | ||
| And they haven't given us a good enough reason to believe nothing is going on. | ||
| So they botched this one. | ||
| Let's see the Epstein files released, what they've got, what they can release. | ||
| I'm assuming most of it's gone anyway. | ||
| And I don't necessarily trust any of it. | ||
| I'm assuming. | ||
| Oh, hold on. | ||
| Hold on. | ||
| I'm going to take it off him for a second. | ||
| This is just crazy. | ||
| And this is why I don't watch Tim Pools because it makes me mad. | ||
| So hold on. | ||
| You're assuming most of it's gone. | ||
| So Pam Bonni says she has the file on her desk, right? | ||
| And then Dan Bongino says he's seen the file. | ||
| So you're saying it's, it was a physical thing that existed. | ||
| They found all this evidence. | ||
| They talked about like 400 crates of evidence and all this stuff that they filed and put away somewhere. | ||
| And then it doesn't exist. | ||
| And then beyond it doesn't exist. | ||
| He's like, you know, I don't care. | ||
| It's all fake anyway. | ||
| Like, like, what, what, what is this? | ||
| Like, this is the conservative media? | ||
| Because like, Tim, I'm a political news like a holic. | ||
| I'm addicted to it. | ||
| And I've been watching the news for years and years and years. | ||
| This was the issue in 2024. | ||
| Like, this was the undercurrent thing that everyone was talking about. | ||
| And he was demanding it. | ||
| And everyone else was demanding it. | ||
| And then now to get access journalism and to like be the cool person like Benny Johnson eating the breakfast turkey. | ||
| This is a real thing they do at Mar-a-Lago, being part of the in club or whatnot. | ||
| He's like, oh, yeah, you know, like, it is what it is. | ||
| It's all fake anyway. | ||
| It doesn't exist. | ||
| It's all disappeared. | ||
| Like, come on. | ||
| And, you know, at the end of the day, you got to trust your gut. | ||
| And there's enough breadcrumbs to say that Trump was familiar with Epstein in some form or fashion. | ||
| We can't prove exactly in what capacity, but there's enough breadcrumbs that have been scattered around and people talking and the nail in the coffin. | ||
| They went to each other's houses. | ||
| He was a member of the club. | ||
| But for you to say, I never met Epstein and weren't familiar. | ||
| I kind of maybe flew a plane of some sort. | ||
| I think he was like, I was on a plane once, but like he's trying to distance himself completely. | ||
| But then the nail in the coffin was when Elon confirmed it for me. | ||
| I was like, okay, that's that. | ||
| That's all I need to know because I know Elon knows shit that a lot of people. | ||
| And he was pissed off. | ||
| And that was a raw moment for him. | ||
| You know, something interesting, and you may not know this, Tim, is that you know who Steve Bannon is, right? | ||
|
unidentified
|
Yeah. | |
| Okay. | ||
| It's like, who's Steve Bannon to you? | ||
| Kind of like a, kind of like, I don't know. | ||
| Like he used to, he used to be, if I remember correctly, or he was close to part of the, his, like, crew. | ||
| He was part of the first Trump administration. | ||
| I believe he may have been his chief of staff. | ||
| I'm probably wrong about that, people. | ||
| But he fired him, right? | ||
| Yeah, he did fire him. | ||
| And Bannon has been one of those guys that people, like, if you're a fan of my dad, you're probably a fan of Steve Bannon, right? | ||
| Like, it's, it's that kind of, it's that, it's that kind of mind meld, right? | ||
| Those are the type of people that are interested in Bannon. | ||
| Bannon in 2019 did like, like, he had this show called like monsters or something. | ||
| And he has like 20 hours of tape with Epstein, like interviewing Epstein, kind of like coaching him through how to give it like a personable interview and stuff. | ||
| And like, it's all just, it's all super weird, right? | ||
| It's all super weird. | ||
| So for someone to say, oh, like these people don't know each other. | ||
| It's not a big club. | ||
| Like literally at the level of influence, power, and money that you get to, it is all just a giant club. | ||
| They found, remember that book I was telling you, that address book that they verified was a real address book. | ||
| Trump's name was in Epstein's black book. | ||
| Of course. | ||
| So that also told me what I needed to know. | ||
| So of course. | ||
| Well, let's finish the clip real quick. | ||
| But I'm not playing these games. | ||
| That being said, Democrats tried to frame Donald Trump and got caught the same day. | ||
| And it is insane. | ||
| But where are we? | ||
| As a country, where are we? | ||
| Do you think any Democrat's going to admit this? | ||
| No. | ||
| What's your face? | ||
| Crockett was on CNN. | ||
| And when asked about it, she says, I don't know, whatever, who cares? | ||
| Whatever, who cares? | ||
| Something that affects. | ||
| Now, the bigger scandal here, in my opinion, which is shocking, is evidence of collusion between a journalist and Jeffrey Epstein to smear Donald Trump. | ||
|
unidentified
|
Okay. | |
| That's right. | ||
| So it's just, it's complete deflection from the emails. | ||
| And then it's calling Michael Wolf into question who should be called into question. | ||
| But like the date and dating of these conversations is what makes them valuable. | ||
| It's not necessarily the messages themselves. | ||
| It's just like in 2011, they're talking about this stuff. | ||
| Right. | ||
| This is way before the campaign, the election, all of it. | ||
| And he wasn't even thinking about running for presidency at 2011. | ||
| Right. | ||
| But Tim Poole make the argument that it's just a Democrat hoax because that's what Trump said. | ||
| Right. | ||
| And like, keep in mind, the official FBI narrative, this is what Kash Patel came out and said, Kash Patel himself, he came out and said that Epstein trafficked no one. | ||
| He was just that. | ||
| And then they also try to say the minute of that tape wasn't removed. | ||
| And then they go back and they say, actually. | ||
| Are you talking about the jail footage? | ||
| Talking about the jail footage. | ||
| They came out with the officials. | ||
| You know, that doesn't exist. | ||
| You don't get it. | ||
| They said no. | ||
| They said, oh, the last minute always resets and there's a glitch. | ||
| Oh, yeah. | ||
| And then they end up releasing the rest of that time in between afterwards, which shows a guy in the footage. | ||
| So you just can't trust anything nowadays. | ||
| It's very hard, especially around something like this. | ||
| 100%. | ||
| And all they did was shut up Cash and Bongino, even though they wanted to investigate. | ||
| I guarantee you they got a rude awakening when they got into their positions. | ||
| Yeah, they're like, oh, yeah, you're not doing this. | ||
| And I think it's just like Big said, like they sit down with the file and they're like, look, like, this is what, like, this is what we know about you. | ||
| And you can either be a part of the system or you can die. | ||
| Look, I don't think we find out about this until like after, you know, Trump grows old and dies or something like that. | ||
| I think they keep this on Hushman. | ||
| Like, there's no way you come out and the president is implicated in something like that. | ||
| That's immediate grounds for impeachment. | ||
| He's not doing that. | ||
| And he has enough of a handle on everybody in the bureaucracy to be like, we're keeping this. | ||
| I don't, well, I don't think any of them have a choice. | ||
| They have the collective response. | ||
| No, responsibility of defending the lie. | ||
| They're all invested in it heavily. | ||
| It would be like they're all invested in the same company. | ||
| Would they want that company to do bad? | ||
| It's true because the rest of the, it messes up the entire stock market. | ||
| You're talking about America's reputation in general. | ||
| It messes up internationally. | ||
| No, you're right, actually. | ||
| I didn't really think about that. | ||
| Yeah. | ||
| And that's how the best, that's how the best cults and scams work, right? | ||
| It's mad. | ||
| It's mutually assured destruction. | ||
| So they're all like, look, we're going to keep this going. | ||
| This is fine. | ||
| We can have our petty disagreements and beef with each other. | ||
| In fact, that's better. | ||
| That keeps us all in power. | ||
| And we just kind of do these cyclical elections. | ||
| And I think at the core of the issue, that's the deal Trump was offered in office. | ||
| I'm sure during his first term, they came in there like, look, you are absolutely, you're not cutting our funding. | ||
|
unidentified
|
You're like, just, you're going to, you can do some things, a few things, but stop it. | |
| And he was like, okay, I'm the president. | ||
| And then he got to be the president and he had to deal with the Russia scandal the whole time. | ||
| I don't think he was like this really in the first term. | ||
| In the first term, I do think he wanted to, you know, be a good president, quote unquote. | ||
| Right. | ||
| The second term, he gets elected. | ||
| They try to kill him. | ||
| There's all this stuff. | ||
| He lives through hell during the campaign, the indictments, Letitia James, all that garbage. | ||
| He gets in the office and they come in and they're like, Look, we can't believe you did this again. | ||
| You're back and we thought like last time we saw you, we got rid of you. | ||
| We can't believe it. | ||
| Congratulations. | ||
| Here's the cool deal we get to offer you. | ||
| You get to be the new Reagan. | ||
| You get to be the new Republican Party. | ||
| Everyone in the Republican Party from hence on forth works for you and for your goal, your mission, whatever MAGA actually means. | ||
| You are the new Reagan. | ||
| You're the new head honcho. | ||
| You're the new daddy of the party. | ||
| Now, if you're willing to do that and accept control, kind of control, really, it's just figurehead of one part of the two-party duopoly, then, you know, just let us do whatever we want and just crash out, bro. | ||
| Like, use the powers, like expand the powers. | ||
| You can do everything to touch this area. | ||
| You can do everything but cut the funding. | ||
| And, you know, like, why would you even like, why are you even talking about? | ||
| Well, that's because they all have the Samson option. | ||
| And, you know, they, one guy messes up. | ||
| He messes up for the rest of them. | ||
| He's like, I'm bringing you all down with me. | ||
| Right. | ||
| At the end of the day. | ||
| But I mean, I think Trump happily took the deal. | ||
| He's like, I get to be cool. | ||
| I get to like me. | ||
| Like, that's, I think that's all it takes. | ||
| Right. | ||
| And I believe a lot in Trump's mental decline. | ||
| I think it took a lot to get him here. | ||
| But look, I mean, at the end of the day, he's still sharp. | ||
| He can still take that test. | ||
|
unidentified
|
Yeah. | |
| He's, he's, you know, he can still win that test. | ||
| Trust me. | ||
| He's the smartest, brightest, sharpest man you've ever seen. | ||
| Healthiest person ever. | ||
| He's Diet Coke and McDonald's. | ||
| But yeah, I mean, like he is America's avatar. | ||
| He's very fitting and representative of the country. | ||
| I believe, you know, like he is kind of an avatar, a figurehead of what the country is, like an old man, you know, with all this money and influence, but ultimately, you know, compromised. | ||
|
unidentified
|
Yeah. | |
| So like fatally so. | ||
| Was this the gist of this? | ||
|
unidentified
|
All right. | |
| Yeah. | ||
| Really quick. | ||
| We'll get into this and we'll get into your topic. | ||
| And then we're going to start the call-in show soon, probably the next like 20 minutes here. | ||
| We'll get into it, right? | ||
| Yeah, 20, 30 minutes. | ||
| 20, 30 minutes. | ||
| Within the next half hour, we're going to get into it, guys. | ||
|
unidentified
|
All right. | |
| So this is from Nick Stoordore breaking the official ex-account of the Democratic Party has deleted their post claiming President Trump spent Thanksgiving with Epstein in 2017. | ||
| Yeah, he was president. | ||
| You don't think someone would have noticed Trump should bankrupt them. | ||
| Okay, probably will sue him. | ||
| So apparently this is fake. | ||
| But of course, you're going to fucking release fake shit, right? | ||
| Like you're going to put out a bunch of fake things and then people who run the social media account will grab it and put it up. | ||
| Like this is like a shit screen. | ||
| That's what that's what I think they messed up here is what you're thinking. | ||
| Like they took the, they took well, you know, I don't, I don't know who runs at the Democrats. | ||
| I assume it's some sort of paid employee. | ||
| Right. | ||
| Some Gen Z kid. | ||
|
unidentified
|
Yeah. | |
| Some like Gen Z, genderqueer, two spirited, indigenous trans or something. | ||
| And then that, that person who has that job is just like, there's obviously like look on the internet for stuff to tweet. | ||
| I bet they tweet like anti-Republican memes and stuff too. | ||
| They do the same thing. | ||
| So they just, they see this and like, that's perfect. | ||
| They grab it. | ||
| They post it. | ||
| I mean, I'm not saying that's what happened, right? | ||
| Like maybe this is like a, maybe it is all fake or whatnot, but to me, like. | ||
| There is a possibility that it is fake. | ||
| I mean, this, this might, this, I think this is fake. | ||
| I think this is fake. | ||
| The thing is, are the other ones not real? | ||
| Like, I think there was stuff the House Democrats released. | ||
| I think there was stuff that other people released, right? | ||
| So it's all a mess. | ||
| It's so hard to find the truth these days, isn't it, Rex? | ||
| And that's why the safest bet for the entire situation is just to say, look, you're all diddlers. | ||
| It is what it is. | ||
| We ultimately don't have much control in our country. | ||
| And until the Great Depression comes, you can keep on like being like, you know what a litter is? | ||
| A litter of like cats? | ||
|
unidentified
|
No. | |
| So like a litter is like a medieval chair where it's got the poles on the side and the people carry the chair. | ||
| Oh, yeah. | ||
| So, like Trump and Trump and Hakeem Jeffries and Chuck Schumer and Lindsey Graham and all these people, they like metaphysically, metaphorically, they're just being carried around by the American taxpayer and they get to pass whatever bills they want, whatever kind of spending. | ||
| Somebody's feeding them grapes at the same time. | ||
| We as Americans are told that we have to be grateful for the leader that we elected to do things, which he is not doing. | ||
| And in fact, he's not just not doing the stuff, he's spending all of our money and printing even more money and giving it to the AI companies and to the military industrial complex, all of it. | ||
| And then we're told that you're being a panican, that you're being anti-American, that you're anti-mAGA if you call this type of behavior out. | ||
| Well, what it was, I've talked to a lot of people who were independent like myself. | ||
| It was just choose lesser of the evil. | ||
| That's what that's really what it came down to. | ||
| Right. | ||
| It was like you get worse or even worse or even more worse. | ||
| And I was not choosing Kamo. | ||
| That was just not an option. | ||
| Right. | ||
|
unidentified
|
At the end of the day, I was like, we'd be extra. | |
| I agree. | ||
| If I was inflation would be like 20% with her. | ||
| If there was some sort of like fake, like just like hypothetical referendum election, it was Kamala versus Trump again. | ||
| I would vote for Trump. | ||
| I'd still go for Trump. | ||
| I would vote for him. | ||
| Yeah. | ||
| But we shouldn't, we shouldn't live in this hell. | ||
| It's horrible. | ||
| It's a system of government that fundamentally does not work. | ||
| But, you know, let's get into your topic, Tim. | ||
|
unidentified
|
Oh, yeah. | |
| So my topic, and let's go to the X post real quick. | ||
| Which one? | ||
| On that. | ||
| No, not that one to the right of that. | ||
| Oh, no, sorry. | ||
| One more to the left. | ||
| Don't pull that up yet, but just click and get ready for that. | ||
| Okay. | ||
| Okay. | ||
| So my topic for tonight. | ||
| 50-year mortgage, 5,000. | ||
| No, so we did cover 50-year mortgage last time, but there's more mortgage information that's been coming out lately. | ||
| Two things that we're going to talk about. | ||
| And this could impact you guys. | ||
| So pay attention, or it might not be, might not be relevant. | ||
| There's two things that happen. | ||
| Fannie Mae, which is like the federal, is like the federal entity, essentially, that backs mortgages and the full faith of the government. | ||
| They are pretty much removing the minimum 620 credit score as of the 16th. | ||
| Okay. | ||
| I'll explain what that means. | ||
| That's the first thing. | ||
| Second thing we're going to talk about is we've got a scenario where they are floating having your interest rate being portable. | ||
| Portable mortgages is what they're calling. | ||
| Explain this to me. | ||
| I am a Goober. | ||
| I don't know. | ||
|
unidentified
|
Okay. | |
| A portable mortgage would be like, let's say you were one of the lucky people in 2022 to get like a 2% or 3% rate. | ||
| The portable mortgage would be like, you go and decide I want to buy a new house. | ||
| I take that mortgage and I can bring it over. | ||
| It sounds very good in theory, but in practice, it doesn't. | ||
| And that's why I, of course, did the deep dive to find out the truth of if something like this could work, because I was like, no one's out there. | ||
| I need deep dive Thursday. | ||
| Of course. | ||
| So it won't be extensive like a Sunday, but it'll be enough for you guys to be well informed on this issue. | ||
| But we'll start with the Fannie Mae situation. | ||
| Okay. | ||
| So we've got a situation now where there's no minimum credit score. | ||
| Congrats for people who. | ||
| Wait, wait, wait. | ||
| You can have zero? | ||
| You can have it. | ||
| I'll explain. | ||
| It's not like you can have zero. | ||
| There's an interchange. | ||
| But it used to be that the old rules, if you didn't have above a 620 FICO credit score, you wouldn't even qualify for a mortgage. | ||
| So that basically locked out a lot of people. | ||
| So if you, even if you paid rent, if you paid utilities early, even if you avoided debt and lived on cash, like because there's, I know plenty of people who are like immigrants or just in general, like people who just were taught don't take any debt and just pay for everything for cash. | ||
| And they don't realize they need to have two things. | ||
| They need to have revolving credit, which is like a credit card. | ||
| And then they have to have like credit that you're using, like you have a car loan or something like that. | ||
| Banks want to know that you can pay your debt back. | ||
| So people who are being responsible technically still could not get a loan of $300,000 to go buy a house because they don't have any credit history. | ||
| So now this old system is now kind of going away and they're removing this 620 entirely. | ||
| And so now what they're going to go and do is the lenders want to shift to what they call like a vantage credit score. | ||
| There's two just very high level. | ||
| There's two different types of credit scores that have come out now. | ||
| There's the FICO, which is like the main one that most of the lenders go off of, like banks. | ||
| Something like credit karma is what uses the vantage score. | ||
| Whenever you guys see the vantage score, and maybe people don't actually know this, when you use credit karma, guys, credit karma shows you your vantage score. | ||
| It does not show you your FICO one. | ||
| So even if your vantage score on credit karma says like, hey, you have a 700 credit score, it might actually be different than the one that like 80 to 90% of the credit lenders are actually using. | ||
| So make sure you know what your FICO is. | ||
| You can normally find that in your bank account. | ||
| So with the vantage score, those things are like they're evaluating things in real time, which you can say is a good thing or it's a bad thing, but it goes things like rent, utilities, phone bills, other recurring payments. | ||
| They're going to be taking into account for being able to qualify for one of these loans. | ||
| And then they're basically judging on whether you actually paid your bills rather than if you just took debt for years. | ||
| And I mean, there are some pros to this. | ||
| I mean, responsible cash, you know, based people can finally get recognized. | ||
| You've got credit decisions that reflect like real world payments. | ||
| And then, I mean, you've got, you know, people who have like the, like I said, they don't have the credit score to really lack it up, but they're being responsible. | ||
| But overall, there are some cons to this. | ||
| You've got like the increase to overall credit risk because I mean, FICO is still important, guys. | ||
| Like you don't want to just have somebody with a 500 credit score just get, you know, a loan. | ||
| I've leased three Hellcats. | ||
| I've destroyed them all. | ||
| They foreclosed on my house, you know, but it is what it is. | ||
| I'm just trying to get a loan, man. | ||
| My 375 should not impact me. | ||
| Right. | ||
| So here's the thing. | ||
| But for the average person, though, it might have an impact because what they might do as lenders now not having this minimum credit score is going to tighten up the income and the debt to income ratio. | ||
| So debt to income ratio, for people who don't understand what that is, essentially it's basically like all your debt and basically your income. | ||
| Those are two different buckets. | ||
| And if you have a shit ton of debt and you don't have a lot of income, your ratio is really bad. | ||
| And they don't want to, they don't want to lend to you based off of that. | ||
| So normally you want to have a lower debt or a manageable debt and your income can be only a certain percentage. | ||
| It doesn't mean that you're like making more money than all the debt you have. | ||
| It just has to be a good ratio. | ||
| That's all you need to understand. | ||
| But they'll start tightening those considerations because now you've got to take things more into account based off of income and things like that. | ||
| So that covers the 620. | ||
| You got a question about this? | ||
| So you're telling me everyone's credit is so bad they're doing this. | ||
| That's what I've taken over. | ||
| It's not everyone's credit is so bad. | ||
| It actually could be, you know, that was what I think you said. | ||
| Actually, at a time period where, like, when COVID happened, we were at a point where most of the debt was like at some of the lowest levels, but that was only because of one reason. | ||
| And do you know why? | ||
|
unidentified
|
Tell me. | |
| It's because of the STEMI checks, man. | ||
| People had stimulus checks coming in, so they were paying off their credit cards and they were paying off their loans. | ||
| What ended up happening is they also had a bunch of other money sitting around and collecting some extra money. | ||
| It actually sent debt the other direction. | ||
| And now we're at some of the highest levels ever. | ||
| Wow. | ||
| Just pulling this up really quick. | ||
| I know there's some stuff you want to go to. | ||
|
unidentified
|
Yeah, yeah. | |
| The average FICO score in the U.S. has generally increased over the last five years. | ||
| Yeah, people are getting smarter because there's more access to information. | ||
| All right. | ||
| That doesn't mean that does not mean you like, here's the thing. | ||
| You can have a good credit score, but still have a shit ton of debt. | ||
| You just have high limits on your cards. | ||
| I see. | ||
| So like you could have like $100,000 worth of limits on your credit cards and have like $40,000 or $20,000 worth of debt. | ||
| And because you're like not using more than 30% of your debt, you can still have a good credit score, but $20,000 is a lot of money in debt. | ||
| Ton. | ||
| Right. | ||
| So that covers that. | ||
| We're going to get to the main, the main thing here, which is portable mortgages. | ||
| Now, let's pull up this X. | ||
| I forget how to freaking pronounce his name. | ||
| Is it Flute? | ||
| Polte. | ||
| Pulte. | ||
| Okay. | ||
| Pulte is one of the people that is in charge of, and let me not butcher who he is exactly. | ||
|
unidentified
|
Pulte. | |
| Okay. | ||
| So he is essentially. | ||
| Okay. | ||
| He's the head of the Federal Housing Financial Agency, FH FA. | ||
| Okay. | ||
| So he's one of the people that decides and evaluates a lot of these programs and is one of the heads of that. | ||
| And now he came out with this as of yesterday. | ||
| And people are like, ooh, 50-year mortgages and portable mortgages. | ||
| Now, we did touch upon this a little bit early, but to help you understand this again, what he's saying is, where the hell did I just go? | ||
| Got something you want to go to? | ||
|
unidentified
|
No, I just clicked onto the wrong thing. | |
| Oh, I clicked out. | ||
| Okay. | ||
| Here's where we're at. | ||
| All right. | ||
| So this X, like I had showed you, the 2% to 3% mortgages in 2021. | ||
| And can you pull up this chart for me as well in the folder? | ||
| I got you. | ||
| I'll find you. | ||
| Okay. | ||
| So I want you guys to see a little chart here. | ||
| Right. | ||
| This is going to lay out the lockout effect. | ||
| I call these like the golden handcuffs. | ||
| Okay. | ||
| We'll talk about it. | ||
| So in 2021 and 2022, we had some of the lowest rates. | ||
| Basically, the Fed rate was like zero and loans were super cheap to get. | ||
| So at that time, if you bought a house at a 2% interest, congratulations. | ||
| Congratulations for you. | ||
| If you refinanced when you had maybe a 5% a decade ago and you took that time to refinance, kudos to you. | ||
| You did the right thing because 2%, we may not ever go back to it, by the way. | ||
| But I want you guys to see this chart real quick. | ||
| More than 60% of people now have rates below 4%. | ||
| Mortgage rates right now are hovering around somewhere 6.5% to 7%. | ||
| Brutal. | ||
| And that is brutal. | ||
| I have a 6.5%. | ||
| Well, I don't love it, but it's the only option. | ||
| It's just based off of what the rate is going. | ||
| So if you were one of the lucky ones, you are in that majority of people who have below the 4%. | ||
| What happens when you do that, guys, and you have a rate that is below 4%? | ||
| Are you just going to go up and buy a house and now jump your score up to 6.5% in your interest rate? | ||
| No, you're not going to do that. | ||
| No one's going to do that. | ||
| So it's created this lock-in effect. | ||
| And I'm sure you guys have heard this before. | ||
| But essentially, housing supply is lower because of the fact that no one wants to buy a house and lose their rate. | ||
| So it's kind of what I'm taking away from this. | ||
| This is kind of an upward mobility thing, right? | ||
| So if you got the good rate and you've got good equity, you can go ahead and move on to another property. | ||
| And then a person that has the money can go ahead and get that house, right? | ||
| Repeat that. | ||
| All right. | ||
| So you got the money, you got the good rate. | ||
| You move on to a bigger, better property. | ||
| The person gets the property you were in, essentially. | ||
| And no one's buying homes. | ||
| So the bigger property and the smaller property are both available. | ||
| Or if you decided like you, you were the person who got your 2% rate. | ||
| Are you saying in terms of like carrying over your or just as the situation is right now? | ||
| Carrying over, like potentially. | ||
| Okay. | ||
| If you were, let's say you had a 3% rate, okay? | ||
|
unidentified
|
Right. | |
| And then you found a bigger and better house that you wanted to go and move. | ||
| You can in theory take that 3%, qualify for this new bigger house, and then whatever the extra balance is that you're not able to afford based off of having that 3%, you just get another loan. | ||
| Yeah, that's what I'm talking about. | ||
| Yeah, you would get another loan, but it wouldn't, it probably wouldn't be as much as if you had a 6.5%. | ||
| But then now your old house, somebody can go buy that. | ||
| But if they didn't have the 3% to begin with, if you're like me who has a 6.5%, you're still paying 6.5%. | ||
| It doesn't solve the immediate problem. | ||
| It solves the immediate problem of inventory because they're trying to incentivize people to leave the house and go and find another house. | ||
| But it doesn't necessarily macro level save the situation. | ||
| Well, I mean, all these things that we talk about from the Trump administration, these are like potential grifting opportunities, right? | ||
| But like, it's like, hey, like, what was that other thing? | ||
| We just talked about it. | ||
| You know, I know you got more on this issue, but you're talking about the 50-year mortgage or you're talking about the 15-year car mortgage? | ||
| Both of them, right? | ||
| Well, I mean, and maybe not. | ||
| Well, you talked about, you argued for the 50-year mortgage in terms of being if you're an investor, if you're an investor and you're running the property out, then it makes more sense, right? | ||
| Because you have a lower payment. | ||
| So like all these things, they're like little attempts to like let people grift a little bit. | ||
| That's what I take from this whole situation. | ||
| But I mean, someone like you that's paying what you're paying on a mortgage versus someone that got in really on that golden period, it's like you say, we'll never see that again. | ||
| Right. | ||
| You'll never see it to 3%. | ||
| You might if we had another like 08 collapse potentially, but it's, it's very unlikely that we'll see that because at the same time in the 80s, like we had up to 20%, 16 to 20%. | ||
| And then most of the other times it was sitting around like the fours or fives. | ||
| It was really the 08 crash that created this really cheap money because they were trying to stimulate the economy after everything was cooked. | ||
| So like with this being said, it's really an advantage for the initial people. | ||
| And it does inject like sudden listings back into the market and get people moving. | ||
| But here's the thing. | ||
| Bankers and investors don't like this, guys. | ||
|
unidentified
|
Right. | |
| This isn't something that they would love to do because it actually hurts the bank at the end of the day if they were to do something like that. | ||
| And let me break this down. | ||
| Pay attention. | ||
| Okay. | ||
| So banking and investors, what they do is they take the model of the 30-year mortgage, which is standard. | ||
| You've got like 90% of the loans out there that everybody gets are 30-year fixed loans. | ||
| Because people end up moving and they end up refinancing, they normally model these for like 12 years, essentially, because that's the 12 at 12 years. | ||
| They're anticipating that you're probably going to go and move and you're probably going to go leave that house. | ||
| So they're going to still, they're still going to give you the 30 years, but they're anticipating that you won't stay in that house for 30 years. | ||
| And this is the flow because normally people get bigger houses. | ||
| They start every seven or nine years, people move. | ||
| Yeah. | ||
| And the 12 is kind of like that sweet spot of where they anticipate that happening. | ||
| And when they get the person, when the person moves, essentially that bank gets their money because they go out and take another loan with somebody else typically. | ||
| And so the bank is able to recoup their money and that loan isn't sitting for 30 years. | ||
| Now, one of the biggest things that you got to understand is all of this happens because of mortgage-backed securities. | ||
| I give you like a 10-second overview of what a mortgage-backed security is. | ||
| Essentially, what a bank does is a bunch of people get loans and they bundle thousands of mortgages into this big pool. | ||
| And then they go ahead and they say, okay, this is a bundle. | ||
| We'll give this a rating if there's really good, really good mortgages in here. | ||
| We give it an A, essentially. | ||
| So we know these are good buyers and they'll bundle that and they'll sell it to investors. | ||
| And so the investors who go and buy that mortgage-backed security, it's backed by the government. | ||
| They know they're going to get interest from it. | ||
| And they're getting paid on the interest of, you know, whatever you're paying into the house and also however long it's sitting. | ||
| That interest is going towards the investors who have bought that mortgage-backed security. | ||
| But if it's all poo-poo and people are defaulting, and that's what happened in 2008, not to like go into like a like a detour. | ||
| But in 2008, all of those bundles, they were basically rating it an A, but they were stuffing all of these like C-level mortgages at the bottom of that subprime loans that were just shitty. | ||
| And they were like lying about the rating. | ||
| And then there was a bunch of investors holding a bunch of shitty loans that people were having from people had like four mortgages and were getting like zero percent down. | ||
| It was insane. | ||
| Oh, so when they couldn't find when they defaulted on their houses because they got laid off, then that entire security falls apart. | ||
| And then you're like, holy crap, I thought I bought an A and this is really supposed to be rated a C. | ||
| Well, you explain really quick, just from my knowledge. | ||
|
unidentified
|
Yeah. | |
| And I'm sure you know this. | ||
| Well, I'm sure you know this, but like explain to me the adjustable rate. | ||
|
unidentified
|
Okay. | |
| How does that work? | ||
| So an adjustable rate, how that works is, let's say you go and buy a house. | ||
|
unidentified
|
Okay. | |
| Normally people get a fix, but at that time, you could get an adjustable rate. | ||
| An adjustable rate essentially means that you're going to get a rate that they promise you at the beginning of when you open that loan. | ||
| But they're saying over time, the market is going to shift. | ||
| The Fed might shift rates and we also adjust our rates. | ||
|
unidentified
|
Right. | |
| And you'll have to pay a new rate depending on where the market is at. | ||
| So just like banks used to give like the 2% back in 2022, let's say you were to get an adjustable rate for 2%, but then all the shit happens and the market goes up to 7%. | ||
| They adjust your rate of your mortgage to that 7% to account for that. | ||
| What the benefit is of getting an adjustable rate is it's normally cheaper at the beginning to get an adjustable rate than a fixed rate. | ||
| So you're able to get in. | ||
| You'll be able to get in at a cheaper price at a cheaper monthly payment. | ||
| That's what attracts people to that in the first place. | ||
| Damn, it's all just designed to screw you. | ||
| It's all well. | ||
| And on a stable system, if you were to like, some people just look at the numbers and they don't really look at the future of like this being like, oh, this might adjust on me. | ||
| But for the most part, most people don't anticipate that. | ||
| So there was a bunch of people in 2008 that got a bunch of adjustable rates. | ||
| And when the Fed had to increase the, had to increase it, what ended up happening is you had people going from like a 3% loan and they suddenly had to pay like 8% and they couldn't afford the house anymore. | ||
| That's, that's what, does that make sense? | ||
| That makes total sense. | ||
| Okay. | ||
| So now with this portability, you know, if people move their two, if they don't, if they're not able to move their two to three percent, basically what happens is if they were to keep their two to three percent and they were to take it from their old house, bring it to their new house, nobody refinances anymore. | ||
| That means that that bank is typically going to have that loan for the actual 30 years because normally you're going to move out and you're going to get a new rate. | ||
| But if you have a great rate. | ||
| But if you have a great rate and you can carry it over, you'll never leave. | ||
| And that's why we have that lock syndrome you talk about. | ||
| Yeah, that's the lock. | ||
| And so then the banks get stuck holding these 3% loans for 30 years. | ||
| And so their capital gets tapped. | ||
| They have a liquidity that dries up. | ||
| And then the investors are stuck earning low interest in a high rate, in a high interest market because they still are making new loans to different people. | ||
| And if it's at 7% and these people are getting 7%, it actually hurts the new people because they have to compensate that they're not making money over here anymore and they're actually losing on this loan. | ||
| So that is like the high-level overview. | ||
| And some people think that, okay, well, Canada has the portable rate, right? | ||
| Let's go pull up this other craft. | ||
| Got you. | ||
|
unidentified
|
I'm on my way. | |
| And they think, they think, okay, well, so people always point to this. | ||
| They're like, well, Canada has an adjustable, has a rate that they can go and they can take it and they can move it to their new house. | ||
| Well, yes, they do have that system. | ||
| But the difference is, is that the Canadian mortgage system works completely different. | ||
| And guys, don't let these numbers jump at you. | ||
| They're different. | ||
| This would be like a million dollar house or like a $1.5 million house. | ||
| But essentially, Canada, how their mortgage works is the rates reset every one to five years. | ||
| Okay. | ||
| So for example, you go and get a mortgage, you get a mortgage for a five-year fixed rate, and then you have to refinance at the fifth year. | ||
| So it allows you to get the lower rate at that time fixed for that amount of time. | ||
| A six-month mortgage? | ||
| Yeah, you can, you can get it, but you see how cheap. | ||
| You see how cheap it is. | ||
| But then you're talking about, well, now after six months, it's going to, you're hoping that it stays somewhere around there. | ||
| You see what I'm saying? | ||
| I know I'm the mix. | ||
| And so we can't do that on a 30-year, a five-year, yeah, one year. | ||
| Yeah, you can do it because that's how the system is created. | ||
| But doing something like that isn't portable in the way that we're doing it. | ||
| Right. | ||
| So that's everything pretty much in a gist. | ||
| I hope that was informative enough for you guys to learn. | ||
| I just kind of like doing these little. | ||
| No, it's very important to remain knowledgeable on these things, right? | ||
| It's essential, I would argue, because, you know, if we don't talk about things like the economy in detail, the housing market in detail, you know, global trade in detail, if we allow ourselves to become ignorant on these things, then it's all for nothing anyway. | ||
| How could you ever hope to change a system that you don't understand? | ||
| Yeah, but you were right about that thing that you were saying before. | ||
| Like they're just, they're making these moves, but it's all great. | ||
| It's not really something he's saying. | ||
| You see, like the words we are actively evaluating. | ||
| Once they go through this logic trip like I did, they're going to realize they're not going to be able to do this. | ||
| A bank is just going to be pissed off and like Bank of America, Chase is going to have conversations with them and be like, look, guys, you're going to ruin the entire system if you try to do this. | ||
| And also, it's not fair for the new people coming into the market. | ||
| It's like, what? | ||
| It's the same argument people had. | ||
| Remember when Biden was like, we're going to go and pay the loans off? | ||
| Yeah. | ||
| And I was one of those people I was like kind of amped that they were going to potentially pay off the student loans, but macro level, it's not fair for all the kids who graduated after like 2023 who just don't get that permission, but then they're also paying taxes towards the people who actually got the benefit. | ||
| So yeah, that's how it really goes. | ||
| Let's, this will be one of the rare days we don't talk about Israel. | ||
| We're going to get the calls ready and stuff. | ||
| We're going to do this, guys. | ||
| Go ahead while or text them first, but go ahead and start prepping the call section or I'll just go ahead and do it. | ||
| What's the name of the app that we use? | ||
|
unidentified
|
Call-in studio. | |
| Okay. | ||
| Yeah, go ahead and talk. | ||
| Let me do this real quick. | ||
| All right. | ||
| Tim's going to handle this. | ||
| So I'm going to go ahead and read this story out from Twitter. | ||
| Representative Marjorie Taylor Greene introduces bill to phase out H-1B visas. | ||
| Representative Marjorie Taylor Green announced legislation on Thursday to eliminate the H-1B visa program, which allows up to 85,000 visas annually for specialty occupations, citing corporate abuse that displaces U.S. workers and suppresses wages in sectors like tech and healthcare. | ||
| The bill provides a 10,000 visa exemption for medical professionals to be phased out over 10 years, bans non-citizens from Medicare, and removes citizenship pathways from visas. | ||
|
unidentified
|
You are connected as the host. | |
| Green's proposal aims to restore your program. | ||
|
unidentified
|
You are now in the host room and can manage your callers from the Colin Studio web interface. | |
| Sorry about pronunciation, guys. | ||
| It's a little noise in my ear. | ||
| Representative Marjorie Taylor Green, I'm introducing a bill. | ||
| I'm going to switch back to studio now really quick. | ||
| All right, go to my screen. | ||
| I'm introducing a bill to end the mass replacement of American workers by aggressively phasing out the H-1B visa program. | ||
| Big tech, AI giants, hospitals, and industries across the board have abused the H-1B visa system to cut out our own people. | ||
| Americans are the most talented people in the world. | ||
| I always have full faith in the American people. | ||
| I serve Americans only. | ||
| I will always put Americans first. | ||
| My bill eliminates the corrupt H-1B program and puts Americans first again in tech, healthcare, engineering, manufacturing, and every industry that keeps the country running. | ||
| If we want the next generation to have the American dream, we must stop replacing them and start investing in them. | ||
| And this is a big story. | ||
| This is like top five on Twitter right now. | ||
| Yeah, this is like the big debate, and it's going all over X. | ||
| The H-1B visa program, which has been riddled with fraud and abuse and has been displacing American workers for decades. | ||
| There will only be one exemption in my bill, and it will allow for a 10,000 per year cap on visas issued to medical professionals like doctors and nurses who provide life-saving care to Americans. | ||
| However, even this $10,000 per year cap will be phased out for 10 years to allow us time to build our own pipeline of American doctors and physicians. | ||
| My bill will also restore the original intent of the visa for it to be temporary. | ||
| These visas were intended to fulfill a specialty occupational need at a given time. | ||
| People should not be allowed to come and live here forever. | ||
| We thank them for their expertise, but we also wish them well so they may return to their home country. | ||
| My bill will take away the pathway to citizenship, forcing visa holders to return home when their visa expires. | ||
|
unidentified
|
All right. | |
| So we're going to go ahead and get prepped now for this interesting discussion, debate. | ||
| The debate is going to be between Raj and Newt Groiper. | ||
| So stay tuned as we get this ready for y'all. | ||
| This is the main event of the evening, as Tim was saying before, and we still don't have anyone in the waiting room yet. | ||
| So we're going to keep going. | ||
| In order to build our pipeline of American doctors and medical professionals, my bill will also prohibit Medicare-funded residency programs from admitting non-citizen medical students into their programs. | ||
| Just last year alone, there were over 9,000 doctors in the U.S. who graduated from medical school, but were left without a residency placement. | ||
| Meanwhile, in 2023 alone, there were over 5,000 foreign-born doctors who received residency spots. | ||
| This is entirely unfair and it's America last. | ||
| My bill will help mitigate the shortage of doctors and nurses in our country, the shortage that we face, while at the same time serve as an off-ramp from our reliance on foreign workers by allowing us time to fill our residency programs with American doctors. | ||
| Now, this will completely end the H-1B visa program in all other sectors in the job, in the job force and in the workforce. | ||
| This is America first. | ||
| It's time to put American citizens first instead of foreigners first. | ||
| And this has gone on and this has been an abuse for far too long. | ||
| Americans deserve. | ||
| Look at that freeze frame there. | ||
| Pretty good freeze frame. | ||
| Now, look, I like MTG a lot. | ||
| And me and you, we have different perspectives. | ||
| We don't agree on H-1B. | ||
| But tonight's call is going to be between Raj, who, of course, is an Indian citizen. | ||
| And then we're going to have New Groiper, of course, is an American citizen. | ||
| And we're going to have him talk these issues out. | ||
| And Raj is a permanent resident who lives here part-time. | ||
| Yeah, he's like, I think he said something about like he travels a lot, but he's got a permanent residency, but he is an Indian citizen and he's worked here for a long time. | ||
| All right. | ||
| So I think we're going to get these two. | ||
| You have an AD call or an auto screen failed. | ||
| You have to like say something nice to the robot, basically. | ||
| It's okay. | ||
|
unidentified
|
I think we're going to do that. | |
| You got feedback. | ||
| Hold on. | ||
| Hey, you got to, Raj, you got to. | ||
| Whatever's in your background, you got to find it out. | ||
| It's really loud. | ||
|
unidentified
|
Oh, that's New Greuper. | |
| Yeah. | ||
| Sorry, guys, about the audio. | ||
| We got to get that fixed. | ||
| And then we can have them join. | ||
| New Greuper, can you hear us? | ||
|
unidentified
|
Yeah, I can. | |
| Can you hear me? | ||
| All right. | ||
| Let's verify with chat. | ||
| They can hear New Groiper. | ||
| Can you guys hear New Grouper? | ||
| Can you guys view New Greuper? | ||
| Let us know. | ||
| Let us do it. | ||
|
unidentified
|
And let me go and unmute him, see if he's good now. | |
| Hello. | ||
| Yeah, Raj. | ||
| All right, now you sound good. | ||
| Can you hear it? | ||
| New Greuper, can you hear Raj? | ||
| Raj, can you hear New Greuper? | ||
|
unidentified
|
I can hear you. | |
| The magic of you. | ||
|
unidentified
|
Okay. | |
| Can you guys, all right, chat? | ||
| Can you hear everybody? | ||
| All right, Rex, you want to lay this out? | ||
| Yeah. | ||
| So, you know, we have a loose structure to all this. | ||
| Raj, New Greuper, we appreciate, first thing, we appreciate both of y'all being here with us tonight. | ||
| The important thing is we want to keep this civil. | ||
| We want to keep it balanced. | ||
| And most importantly, just don't talk over each other. | ||
| What we're going to do is we're going to give y'all like three to five minutes, each individually, to state kind of what your position is and what you'd like to talk about tonight. | ||
| And then we'll enter into like a 30, 45 minute, you know, it could run longer than that discussion period where it's a back and forth. | ||
| There's no real rules, but just don't talk over each other because it hurts the listeners' ears. | ||
| That's the one thing. | ||
| We just, we want it to be a high quality viewing and listening experience for the people watching at home. | ||
| And as far as that goes, that's all we got for tonight. | ||
| As far as rules or criteria, I want y'all to really be passionate about it and go at it with your best arguments and information. | ||
| And whenever you guys need us to pull up something based off of what you guys sent, just let us know and we will go ahead and pull that up, whether it's a chart, whether it's a graph or an AI post or something like that. | ||
| Just let us know. | ||
| We'll pull that up for you. | ||
| Yes, we will pull it up for you. | ||
| Just cue us whenever. | ||
| I'll do it. | ||
|
unidentified
|
Yeah. | |
| All right. | ||
| Well, Raj Negroiper, who would like to start tonight? | ||
| Actually, you know what? | ||
| Start with Negroiper. | ||
| Yeah, let's start with Negroiper. | ||
| What's your position, New Greuper? | ||
| All right, first of all, I got to say, get this out of the way. | ||
| This debate is powered by UltraMeth Lee Blue. | ||
| Nice. | ||
| Nice. | ||
| I have some too. | ||
| Best thing ever. | ||
| Yeah. | ||
| Yep. | ||
| Anyways, so I think the best place to start out with my general argument goes back to the Constitution. | ||
| And I'm going to read from the preamble because I think that summarizes essentially what the objective and what the purpose of our nation is. | ||
| And it says this, we the people of the United States, in order to form a more perfect union, establish justice, ensure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this constitution for the United States of America. | ||
| With that being said, I believe that the purpose of the United States is exactly as stated, which is that the country's obligation is to its people and the posterity of its people. | ||
| And in my opinion, I believe that H-1B visas and all of the legal immigration that's kind of spiraled is counterproductive and against both the will and the desire of the people and against their well-being. | ||
|
unidentified
|
So do you want me to get into some statistics or would you like to- You got two minutes left to make your point. | |
| You got two minutes left. | ||
|
unidentified
|
Okay. | |
| Okay, so just kind of to summarize my thought, I kind of encompassed it in a couple of different things, right? | ||
| We're talking about the economic impact of immigration, both just legal immigration and H-1B, the economic impact and its impact on the workforce. | ||
| So with that being said, the first thing that we kind of want to bring out is the fact that the first, and you can, you can pull it up. | ||
| The very first thing is that for the problem, we have more unemployed people now than available jobs in the United States, which is for the first time since April of 2021. | ||
| And so if our people as Americans cannot get employment in their own nation from their forefathers that they grew up in and were raised in, then we're not fulfilling the obligation that our, or the government isn't, fulfilling the obligation that we have to our own people. | ||
| And with that, I've got some miscellaneous statistics if we want to get into it at a later time or away later in this call. | ||
| But that's going to be the core of my argument. | ||
| All right. | ||
| If you're good there, let's go to you, Raj. | ||
| Tell us what your opinion is. | ||
| Hey, first of all, let me tell you a little bit about myself so that you would know which position I'm coming from. | ||
| I did college from U.S. and I then after college, like I got a job at like Amazon. | ||
| And now I basically have my own company. | ||
| So soon I will be basically like working here and also have like have like visa for like green card process. | ||
| So that's out of the way. | ||
| What you said, I hear it. | ||
| And I understand like the argument of like America being for American and I believe in that. | ||
| I'm more of like a conservative point of view with the whole thing. | ||
| Like I, if you would put me like which side technically you on, I'm more like center to lean towards right. | ||
| And I do like the policies of the current government. | ||
| First, I believe that illegal immigration out of the way should never be a thing in any country. | ||
| Like that's just crime outright. | ||
| Then when it comes to legal immigration, especially when it comes to high-skilled immigration, the country and its people has the right. to choose basically like whoever they want to choose to make themselves competitive in this world. | ||
| You know, the companies have the right like to do business with whoever they want to do. | ||
| They have the right to take like whatever resources they can get, whether it's human resources or resources of computing or any other economical resources they can find around. | ||
| And secondly, you said you base your argument is like most of it on the fact that the jobs are getting less and less, but you need to take into also account the fact that the amount of jobs that H-1B visas fill, especially the high-tech ones. | ||
| And I do recognize the fact, by the way, that there is a section of the H-1Bs that they like, it comes to like fraud and all. | ||
| And I don't support that either. | ||
| But the ones, which is like high-end skills workers like me, I came like legally and it's just like 100,000 something. | ||
| While the amount of jobs that are not there is due to many reasons. | ||
| AI replacement is one of many of those. | ||
| Country going through a quantitative easing after the whole COVID-19 with the interest rates being high and the amount of money that needs to be borrowed to like for expansion and everything is also pretty low. | ||
| So it's like just H-1B is not going to take all the jobs. | ||
|
unidentified
|
Okay. | |
| I'm not trying to step on your point. | ||
| I want you to make what you believe to be one of your strongest arguments. | ||
| I want New Greper to respond and give you one of his and then just let's start the back and forth, guys, because you've both done about three minutes. | ||
| Sound good? | ||
|
unidentified
|
Yeah. | |
| Awesome. | ||
| Keep going. | ||
| Yeah, that was most of my point. | ||
| I don't want to go like too long so that it's harder to like. | ||
| No, you're all good. | ||
| What's your response? | ||
| Hold on, let's start the discussion here. | ||
| New Greuper, what do you see? | ||
| What's the biggest obstacle to you in your mind of saying, okay, I can't support the position of having H-1B? | ||
| Is it that constitutional argument? | ||
| You got some more statistics? | ||
|
unidentified
|
No, no. | |
| So let me get into some statistics. | ||
| If you'll pull up the one on H-1B visa workers, the one that I pulled up. | ||
| Working on it. | ||
| Yeah, no problem. | ||
| Is it one of the AI ones? | ||
| Yeah, one of the screenshots. | ||
| Yeah, it's just one from the Google. | ||
| What is the question you put in? | ||
| The STEM workers, H-1B visa holders. | ||
| All right, well, we'll find it, but go ahead and start making your point and then we'll find it. | ||
|
unidentified
|
All right. | |
| So you said that there was not a lot of, you know, H-1B workers. | ||
| And I would like to counter that with some statistics for you. | ||
| I pulled up and it said currently that H-1B visas make up 3.5 to 4.2 U.S. STEM-related workforce. | ||
| But when you go down, but you encompass all of the form, like all like forms of immigration and like the different visas uh, the stem workers it can constitutes almost 20 percent of all jobs are taken, and not to mention i'll piggyback off of that. | ||
|
unidentified
|
You know the the I hate using it, but FOX NEWS did the thing. | |
| Eight out of ten of those positions are entry-level. | ||
| It's like I myself work in Stem work for a ginormous company. | ||
| The entry-level jobs are completely, or Americans are completely, it would be completely reasonable to say that an American off the street could come in and do this job. | ||
| And with going back to my first point, with the fact that there are now more unemployed people than there are current jobs, we cannot, as America, if we want to remain America, we can't allow this because right there, we have 20% of the most lucrative industry that we have is dominated by people who are not American citizens. | ||
| And going beyond, well, I guess that'll be my address to that. | ||
| I'll pull up some more points later on. | ||
| I'll give you a chance to read. | ||
| No, you're all good. | ||
|
unidentified
|
Raj, go ahead. | |
| You're right. | ||
|
unidentified
|
Yeah, okay. | |
| So 3.5% of all the tech jobs that I like heard on the phone are like basically tech jobs. | ||
| And you're saying that a lot of them are entry-level jobs, right? | ||
| What do you think those entry-level jobs are? | ||
| I'm just curious. | ||
| What do you think those entry-level jobs, like the day-to-day looks like? | ||
| Depending on what type of STEM you're talking about, for tech, like I work in the technology aspect. | ||
| So you would think of things like level one and level two. | ||
| Yeah, yeah, technology. | ||
| Yeah. | ||
| Like the information technology aspect of STEM. | ||
| I would say that level one, level two, level three help desk. | ||
| I would say entry-level data entry, some beginning data analyst positions, because I myself entered as entry-level being a data analyst myself. | ||
| And, you know, while the 3.5 is just on H-1B, my argument focuses more on the aspect of the entirety of the immigration problem, which leads to the second part of that, the source that I pulled up, which is that almost 20% of all jobs in the STEM field are held by non-Americans. | ||
| And that's a problem because going back to my very first thing, the whole purpose of having a nation is to provide for its people. | ||
| Every other nation does this. | ||
| India, do you think India advocates for themselves? | ||
| Absolutely. | ||
| China advocates for themselves. | ||
| Israel, 100% advocates for themselves. | ||
| And so we are told in America that we are the only country that despite quote unquote being sovereign, we have to be this conglomeration of immigrants and we don't get to be a people. | ||
| We don't get to have an identity. | ||
| And we're just supposed to take in all these people. | ||
| And in the words of Ben Shapiro, if you're too poor, leave. | ||
| And that's what we're sold. | ||
| And that's the problem I have with that. | ||
| You know, the next thing that I kind of want to talk about a little bit is the financial aspect of the impact that foreigners have on the American economy. | ||
| If you guys want to pull it up, you can pull it up. | ||
| It's going to be under the money sent abroad. | ||
| You'll be able to find it on that. | ||
| But the statistics are pretty startling. | ||
| It says, you know, basically, and just to kind of summarize what it says, that annually that foreigners, particularly from it, is cites Mexico, India, and Guatemala as the top recipients of what we call remittances, which is people in America sending money out of the American economy directly into other nations. | ||
| And it's to the tune of $93 billion, which is an astronomical amount of money, which, and just to kind of give context for the audience as to what kind of like how much that volume is, we're talking about on the high end of the 148 billion, we're talking about the annual revenue of companies like Mitsubishi, Verizon. | ||
| We're talking about, and on the regular side, we're talking about businesses such as Target, Bank of America, and Nestle, and PepsiCo, and Walt Disney. | ||
| So we have ginormous amounts of money exiting the American economy, not being circulated, which causes stagnation, which is part of our problem. | ||
| And these workers who are coming into America, instead of fully committing to America, they are sending their money to other countries. | ||
| So it's just kind of like a leaking ship that we constantly have to deal with of hundreds of billions of dollars over decades being sent overseas. | ||
| Okay, so you make that argument. | ||
| Raj, what's your response to that argument? | ||
| There's two parts to it. | ||
| The first part you were asking him about the entry level. | ||
| Let's start there and then we can address this. | ||
| Let's get into the foreign money. | ||
|
unidentified
|
Yeah. | |
| Yeah. | ||
| So the entry-level jobs, like he said in the tech, I have experience with the entry-level jobs when I was an SCE, you know. | ||
| And there are 65,000 grads of like U.S. grads in computer science. | ||
| And the jobs that were there to fill were 400,000 of them. | ||
| And I, those, those hards, those jobs, entry-level jobs of STE4 is very hard. | ||
| It's a very hard job. | ||
| Like you have to like work 12 hours to like 16 hours. | ||
| And the entry-level jobs doesn't mean they're just going to be like flu, you know, pretty easy to do. | ||
| And yes, 60 to 70% are like held still by Americans. | ||
| And whatever they can find the talent, the rest of them, they just take. | ||
| Like they're not going to compromise just because it's like. | ||
| It's written in a particular like, let's say, constitution that, like you have to provide, the country will provide. | ||
| Like the government definitely should be providing. | ||
| But these corporations are private businesses. | ||
| They are not obligated, even by the constitution to like provide for the particular like country they're in like and and, by the way, that does happen in every country. | ||
| Like if, let's say, a big corporation in India wants a particular skill, they don't hire Indians for that. | ||
| They take that skill from somewhere else. | ||
| For example, the recent most like biggest example is that when Dubai was being built, a lot of those companies came from Europe and America. | ||
| And no one complained about it because if you want a great country, you have to take talent and meritocracy over just like things like, oh, I want a job for all of my people. | ||
| Well, you are also like, you need to see, you need to build the country, you know, and their country has all sorts of people in it. | ||
| There are going to be people who are like not as good in something, and there are going to be people who are just brilliant at something. | ||
| But you are saying that those brilliant people just have to take those people who are not as good in something, and they just have to do it because they share the same land under the same constitution. | ||
| That's just unfair for them. | ||
| Like that's unfair for them. | ||
| The second argument of what you were saying that the amount of money that was sent back, well, there are two things to it. | ||
| 90% of the money that the H-1Bs make, it stays in America. | ||
| And they don't take anything from Social Security. | ||
| They don't get those benefits. | ||
| None of those. | ||
| And they pay one of the highest taxes. | ||
| I lived in California. | ||
| I paid 30% in taxes. | ||
| I don't get anything back because any of those things. | ||
| And I don't even want that back because I can make it myself. | ||
| You know, I don't want anyone to take care of me. | ||
| And so 30% I paid. | ||
| And it amounted to be 120 to 140K in taxes that I paid. | ||
| And not just that, I paid rent there. | ||
| I ate there. | ||
| I went to movies there. | ||
| I bought a car. | ||
| Where do you think all that money is coming from? | ||
| Like, I did not buy a car from India and shipped it here. | ||
| I circulated whatever I was earning in America. | ||
| Now, let's think of it if like you were thinking of all of this in like very tiny perspective. | ||
| Hey, 3.5% of the tech jobs, if we can like eliminate them, every problem of jobs go solve. | ||
| Well, that's not true. | ||
| You need to also understand the fact that if the remittances that's being sent, 93 billion, and you think that's a lot, that is nothing in comparison to how much, how much the politicians and corporations of this country send out just to evade taxes. | ||
| Now, tell me if I'm wrong, how many trillions and trillions of dollars of taxes that is not being paid by the people who are at the top of this country? | ||
| But they create an illusion for you guys just to target someone, basically like very tiny group of people, so that you can get distracted from everything. | ||
|
unidentified
|
All right. | |
| Really quick. | ||
| We have to give you all equal time. | ||
| I want New Guerper to go ahead and respond. | ||
| What are your thoughts on this whole situation? | ||
| And to both of y'all, I'm not trying to be rude. | ||
| I cut either of y'all off. | ||
| We just, we got to keep it even more consistent. | ||
| Go ahead. | ||
| Yeah. | ||
| So the first thing, I'd like to respond to the very first thing, which was talking about the student college, the lack of skilled person. | ||
| Rex, Rex, Tim, if you'd like to pull up the thing, the search on college students are on student visas. | ||
| I'll work on it. | ||
| Go ahead. | ||
| The numbers are actually, yeah, the numbers are actually quite alarming because what it said is that over a million college students are on visas just for this year alone. | ||
| And we're talking about everything from community colleges to hyper-competitive universities like Harvard, Yale, and all of the MIT and Stanford and all of these people that are coming in, not to include the 600,000 extra Chinese people that Trump is trying to loop in. | ||
| All of these students are coming here to learn why. | ||
| Because we are the greatest nation on this planet. | ||
| We build things, we innovate. | ||
| And so they come here and they take slots from competitive universities that American students. | ||
| When you look at the university's foundings, the universities were designed to educate the people of America in America. | ||
| And that's why every nation has its own institutions and universities. | ||
| But they come here and they get into these, you know, through DEI and other methods. | ||
| They get into these positions of these college institutions that Americans could. | ||
| And which waters down the STEM workers, which we could put even more American Americans in there. | ||
| The second thing that you talked about was this concept of how the businesses have a right to do as they want. | ||
| And this is a meritocracy. | ||
| I would argue that a meritocracy is a fantasy idea because we as a nation do not function off of meritocracy. | ||
| We haven't for a long time. | ||
| We have functioned off of the concept of nepotism. | ||
| Who do you know? | ||
| That is like, I can't tell you how many times I've sat down with like HR people and recruiters. | ||
| And it's not what you know, it's who you know. | ||
| And it's funny how that's working because we're bringing in these immigrants and we have multiple instances of where they're hiring their own people based off of the Indian cash system, which is absolutely insane to me. | ||
| And another thing that you said that it's not fair, that it's not fair that essentially what I would tell you is that life isn't fair and that we as America, for American citizens, we owe foreigners nothing. | ||
| We owe nothing. | ||
| And I'm not completely anti-nobody ever, but I am not in favor of having all of this at the expense of the American citizens who are being deprived of their opportunities in their own nation. | ||
| Because if we can't thrive in our own nation, where can we thrive? | ||
| You know, it's kind of ridiculous to think about. | ||
| And you talked about all the money, the remittances, how it doesn't matter, and talked about how all the money that you spend here, that's fine, but that money could be spent by Americans. | ||
| The salary that America affords you to have could be spent by Americans. | ||
| It could be like the rent and the food and the taxes. | ||
| All of that happened and historically has happened up until 1990 without the help of the foreigners. | ||
| This nation doesn't need them. | ||
| And that's the thing is we have people, we have more people who are unemployed than we do jobs, who are wanting employment. | ||
| We have companies who, and I'd say this, the government has a right to, and they do handle things through labor laws and historically throughout time. | ||
| And the government has an obligation for its people, which is who they're supposed to be by and who they're supposed to be for. | ||
| Okay, to to make laws to help the American people. | ||
| So, if these companies want to be predatory, we cast them into oblivion. | ||
|
unidentified
|
What about the and if you want to have a foreign company? | |
| Sorry, go ahead. | ||
| I was gonna say, what about the point he made on the money? | ||
|
unidentified
|
Uh, the politicians are talking about the politics. | |
| I mean, before he was saying money goes, politicians are crooked. | ||
| Yeah, money goes. | ||
| Go ahead, we'll put another 30 seconds on the clock. | ||
| Keep going. | ||
| No, but what I would say is that you know, the money that's circulating in these American jobs can be spent by Americans and are like I said, hemorrhaging $93 billion a year and up to $148 billion some years. | ||
| That is a massive amount of money. | ||
| And we're talking about 5% of the United States federal government's discretionary spending budget. | ||
| That is no, that's that's not like a quarter on the side of the road that we just passed by. | ||
| That's a lot of money, and so it deprives people of you know of opportunities. | ||
| But that's all I have for this segment. | ||
| Go ahead with all right, thank you very much, Raj. | ||
| What's your response to that? | ||
| He um, he focused on the fact of like 93 billion, but still did not like focus on the fact that like the corporations, politicians, and all the people in the power are sending trillions of dollars to offshore, offshore banks. | ||
| Like, what about it? | ||
| You're just going to say, Oh, if people are crooked on that, do they not owe America anything? | ||
| Do they not owe you anything because they're like elected individuals in the companies of America? | ||
| Where is the accountability for all of that? | ||
| Like, you can ask me for accountability, but what about that accountability? | ||
| $93 billion is more, you want more accountability on that versus trillions of dollars in tax evasion. | ||
|
unidentified
|
Respond to that? | |
| Yeah, I would say this: tax evasion, like nobody's going to advocate for tax evasion. | ||
| I mean, if you find that, you throw them in prison, but that's not relative to the issue we're speaking about. | ||
| That's like saying, Hey, well, these you know, these people are doing this, so what we're doing is okay, but we're having a focused debate on a particular topic, and that's not relevant. | ||
| Uh, it's just not okay. | ||
| What do you say in response to that? | ||
| I think it is relevant because of the point came out: like, people sending money outwards is impacting America. | ||
| But he also made a point in which, like, the job that I'm doing can be done by any other American, which is really not true. | ||
| Like, no, it's not true. | ||
| If that would have been the case, why didn't Amazon or anyone just like take Americans to the job? | ||
| They're paying me a lot. | ||
| Like, this whole idea of like H-1Bs are paid less and they have to pay more to Americans. | ||
| No, my package was 250K to 300K. | ||
| Like, that's a lot of money that is being paid to me. | ||
| They reached out to me. | ||
| Even the college reached out to me. | ||
| And you showed the stats of like 1.1 million students coming in America to study. | ||
| And these universities should actually be for Americans. | ||
| Also, tell me the fact: how much money are they bringing in? | ||
| How much money are they bringing? | ||
| They're bringing billions of dollars from outside to these institutions, which help these institutions create labs, create, give scholarships to the people of America. | ||
| Like all that money that is coming in is being used in American infrastructure, education infrastructure. | ||
| But you won't see that point because the point is like. | ||
| It's always like the other side of things that, oh, they're coming in and they might be Chinese spies. | ||
| Well, when after World War II, a lot of Germans came here to work in NASA and call. | ||
| Do you not think that a lot of KGB spies from Russia also came with them? | ||
| I just say this. | ||
| I don't think it's helpful to engage in conjecture when we're talking about a debate with specific things. | ||
| You know, you talked about your pay and how nobody else could do it. | ||
| I would argue, and please forgive me if I sound blunt. | ||
| I work with a lot of people from India and it's usually in STEM and it's usually the most unpleasant experience for both me and my coworkers that we have. | ||
| And I don't say that to be mean. | ||
| I say that to, no, things usually work better in my, at least in my industry, when it is Americans. | ||
| Like, you know, we deal with offshore people all the time. | ||
| And because that's one of the things that these companies want to do. | ||
| And it's deal with the time zone gap, with the communication barrier. | ||
| And, you know, I mean, this is the kind of thing that it just causes a problem for us, you know, and it's like going back to the, you know, the taxing and the stuff like that. | ||
| It's like the salary that you make could go to an American whose family has lived here and they are American. | ||
| Their fathers were American. | ||
| Their grandfathers were American. | ||
| They served in the military. | ||
| You know, that they've actually, they actually have skin in the game. | ||
| And, you know, previously in this debate, you talked about large Indian companies. | ||
| Forgive my ignorance, but I mean, I can't name a, I mean, could you name us, and I'll give you a second to respond to this real quick, but can you name a single big company in India that rivals any of the American giants that we have? | ||
| No, actually, because all the H-1Bs come to America, that's why. | ||
| Okay, well, so if these people, right, this gets to the crux of the issue. | ||
| If the immigrants are of a higher quality of being than us, they do jobs that we can't, they're smarter than us, then why have they never built any of this in their own nation? | ||
| They come and the groundwork that our forefathers worked themselves to the bone to build, they step onto that foundation instead of building anything meaningful for themselves in their own nations. | ||
| And it just kind of goes to show that like you come to American universities and you're taught by Americans. | ||
| You take an American job and you're paid in dollars, in which case large amounts of money are being siphoned away to other nations. | ||
| You're not contributing anything. | ||
| You're just benefiting. | ||
| And yeah, you could say you pay taxes. | ||
| Everybody pays tax. | ||
| And the American who would have the job in your place would pay the same taxes that you pay because that's how taxes work. | ||
| I mean, taxes are not optional. | ||
| It's not like you're volunteering to give the government money. | ||
| Taxes are mandatory. | ||
| So there can't be an appeal to like morality based off of that. | ||
| And, you know, and I just kind of, just to kind of keep the, keep the thing going, I want to introduce a couple of the things That kind of encompasses my whole issue with immigration. | ||
|
unidentified
|
One of which, which is the fiscal strain that immigrants have on our welfare system. | |
| Rick, I think you know which one to pull up, but this, but the statistics show that over half of immigrants' households have used major welfare, like food stamps, you know, all you cannot go into any other immigration except H-1B. | ||
| You are just digressing that still. | ||
| All right, let's not talk over each other. | ||
| Raj, you made a statement. | ||
| New grouper, respond. | ||
| And then I think Raj had a line of questioning. | ||
| We give your response to that. | ||
| Hold on, hold on. | ||
| Before we go there, I think we still keep on H-1B because that is the main thing. | ||
| Then we'll diverge after he has. | ||
| Were those the terms that were set? | ||
| But go ahead. | ||
| Go ahead. | ||
| That's a lot of our own and H-1B. | ||
| All right. | ||
| Yeah, we said immigration. | ||
| Go ahead, Raj. | ||
| What do you say? | ||
| Yeah, so I was told Michelle, like, just H-1B and legal immigration. | ||
| So that's all I have experience with. | ||
| So I cannot tell about anything that the illegals are doing because I was never an illegal. | ||
| But there's a lot of points that you made there. | ||
| You know, there's a is there a specific like point that you want me to like talk about whichever ones you you have responses to. | ||
| I mean, you're free to respond how you want. | ||
| I mean, I think the thing that I would like to respond to is: can you explain why you or not, I don't want to say you because I don't want to make it personal, but foreign immigrants on H-1B visas contributing to society is in any way unique and different compared to the Americans who have the jobs and pay the same tax rate? | ||
|
unidentified
|
Oh, yeah, exactly. | |
| I can give you examples as well. | ||
| I want to ask, like, do you think Elon Musk contributed? | ||
| He came on H-1B. | ||
| Do you think he contributed to America? | ||
| Gonna be controversial, no. | ||
| What is the Elon Musk purchased an American company and he builds rocket ships that do whatever? | ||
| Practically speaking, in our day-to-day lives, I don't, I mean, he made a cool flamethrower. | ||
| That was pretty cool. | ||
| But no, I don't see him as an, I don't see him as a necessity by any means. | ||
| So who do you think is a necessity? | ||
| I would say, I would say our industry, like the major construction firms who do things like refractory, I would say our American technology companies. | ||
| You know, like I would say Google, in a sense, has responsibility. | ||
| Now, Grant is, you know, like in all of these things and kind of going to it. | ||
| It's like going back to what I said previously. | ||
| There is an influx of H-1B visas, particularly of the Indian variety, and they are hiring in their posts where they're saying, hey, we only hire this cast. | ||
| And I'm not familiar with the Indian caste system, so I can't speak to it then to now. | ||
| But it's like, we only hire this caste. | ||
| If you're this caste, you can ask and we might do it. | ||
| And if you're this one, don't even bother. | ||
| And that's not a meritocracy, going back to what you said. | ||
| That is legitimate caste system, feudalism, nepotism, third worldism. | ||
| And that's not compatible with Americans' values. | ||
| Yeah, but here's the thing. | ||
| You just made a statement. | ||
| This is not true. | ||
| This is not true. | ||
| 100% of what you said is not true. | ||
| The whole thing about this caste system and this thing is a fake news that it's being spread across. | ||
| Like, this is not even true by any means. | ||
| You just holding on. | ||
| I don't want to cut you off. | ||
| Continue. | ||
|
unidentified
|
Sorry. | |
| So he, like you just like tweeted, saw a tweet or something and responded that Indians only hire Indians. | ||
| That's not statistically true. | ||
| Like that's not even true by any means. | ||
| Elon Musk also hire Indians. | ||
| You know, Sundar Pachei, the CEO that was appointed by Sergey Bin, and then whoever he appointed are not all Indians. | ||
| And this is, this is like, this is a fact. | ||
| Like most of the Indians, and I cannot tell about 100% of it because I've seen a lot of people with a lot of bias in every race, country, everything. | ||
| But whatever I have seen, no one has ever given me job just because they were Indians or like I am an Indian. | ||
| I started a company here in Austin, got that company 25 million. | ||
| Now I am contributing to this country by giving Americans jobs. | ||
| And whenever I want for a certain talent, I'll be tapping into H-1B to get the talent from wherever I want. | ||
| And I'm willing to pay $100,000 for it because talent is such a unique thing that like you don't find everywhere. | ||
| You might find it somewhere in the world if you search. | ||
| But these are like, these are numbers. | ||
| And all the people from Elon Musk to the way to like Trump himself are not idiots that they're going to just like get all of their like voting base out just to protect this whole H-1B thing. | ||
| Like they can just stop it, but they know the consequence is going to be like insane. | ||
| These jobs that you're saying that are like people are going to hire Americans. | ||
| No, if this job is not going to go to me, it's going to like not go to like you or anyone else. | ||
| What's going to happen? | ||
| I'm going to stay somewhere else. | ||
| Let's say like I'm some person that came on H-1B here, but like I did not get the job because H-1B is closed. | ||
| That job is going to get to me in India. | ||
| And you know why? | ||
| Because recently Google did $15 billion worth of investments in India because it's near the consequences that cannot like bring everyone here. | ||
| But the most of the talent concentration, which was there in Bangalore and Hyderabad, invested for data centers in there. | ||
| Not just that, Nvidia, Meta, and your Marvel movies VFX that are being created are being offshored because there's such a high concentration. | ||
| Can I respond to some of that so quickly? | ||
|
unidentified
|
Yeah, go ahead. | |
| Yeah. | ||
| Okay, so it's funny, though, how 1.6% of Americans are Indian, yet when we talk about, specifically it's a problem in tech side, we have entire Fortune 1, Fortune 100 companies who are their entire executive fleet consists of Indians. | ||
| Yeah, and this is a prevailing thing. | ||
| And you know, like you talked about how like if we shut down H-1Bs, they would just offshore everything. | ||
| My solution would be for the government to place 1,000% tariffs on these companies to tariff them into oblivion. | ||
| Because if we can't, or for that matter, move your headquarters and submit yourself to India, Indian law, or whatever nation that you want to move to. | ||
| But the thing is, is if you're going to do business in America, you need to be, it needs to be American people working here. | ||
| And that's the crux of the issue. | ||
| It's like this whole idea of every other nation functions this way, of there is a sense of nationalism in their own people, except for America. | ||
| And we're the ones who are told to accept everybody and we're a melting pot or blah, blah, blah, whatever, you know, whatever we have. | ||
| And it's like, if we can't exist as a nation of our own people for ourselves, then we have nowhere because this is our home. | ||
| Because if things go bad for you here, guess what you get to do? | ||
| You get to go on a flight and go back home to India. | ||
| If things go bad here in America, I have to deal with it. | ||
| This is my home. | ||
| I have nowhere else. | ||
| And that's the thing. | ||
| It's like what you're touching on is essentially corporate corruption that does need to be handled by the government. | ||
| The government does need to intervene in this, but they won't because they get kickbacks because they are corrupt. | ||
| Going back to what you said about them evading taxes, which is, yeah, they're corrupt. | ||
| We have problems, but real quick, a point of clarification from Rex and Tim. | ||
| So is general immigration not a part of this? | ||
| We want to. | ||
| So the thing is. | ||
| I guess not. | ||
| I thought it was, but if that was the parameters that Tim set with Raj, then that's fair for him because that's what he is. | ||
| I would like to hear it. | ||
| The thing is, if we go into like illegal immigrants. | ||
| Well, what he was saying, what Raj is saying is that like, if we go down that route, that's not something he's going to argue because you guys are going to agree on solving. | ||
| May I speak just for a second? | ||
| I just, I want to make this point here, and I'm not trying to speak for either of you. | ||
| Here's how I see the immigration debate going. | ||
| New Grouper is not only pursuing this from the perspective of the H-1B being like the worst thing happening in the world as regards to our immigration system right now. | ||
| I think what New Grouper is trying to make the point of is that we have a country and we have a country that's experienced massive immigration like we haven't really seen before, especially over the past decade. | ||
| And the contributing factor that legal immigration brings to that is just another, you know, added portion of the bucket. | ||
| And I think he's going to make that argument. | ||
| I'm not sure how Raj would respond to that, but New Greuper, go ahead. | ||
|
unidentified
|
I don't want to speak for you. | |
| Yeah, no. | ||
| So I focus, I didn't, I didn't, when I put this stuff together for this debate today, I didn't look into illegal immigration because it's illegal and they all need to go home. | ||
| And I think we're in agreement on that. | ||
| What I wanted to specifically speak on was talking about the people who, because if you're here legally, you're on a work visa, right? | ||
| You're either a refugee or you're on a work visa, generally speaking. | ||
| And it's, and, and, you know, what the statistics that I'm, that I'm seeing is that speaking on like, you know, homes, you know, immigration as in a general sense, particularly H-1B, and this is how it relates because you guys do come over here and live. | ||
| If you look at the, and I think you can find it, Rex, if you want to pull it up, the immigrant like homeownership idea, right? | ||
| It's like, it's a funny statistic that over 60% of immigrants are on welfare. | ||
| Yet they're also almost, you know, the homeownership rate of immigrants here is 56%. | ||
|
unidentified
|
And going forward, let me find the statistic where I'm going to be able to do that. | |
| I pulled up the one you had about how many homes were used by the people. | ||
| Here's the thing. | ||
| Here's the thing. | ||
| If you're talking about housing, we should see the impact of H-1B on the housing, not the people who are on like refugees or people like that. | ||
| Because the statistics, they're clumped together, which is why, which is, which is why I kind of brought it that rate, you know. | ||
|
unidentified
|
Let me see. | |
| And talking about like, we have all these problems and it's due to over-immigration, essentially. | ||
|
unidentified
|
And particularly, the floodgates of the H-1B is what's caused it. | |
| And the statistics showing that 40% of new households are new homes being made or whatever is owned by immigrants. | ||
| 40% of people who can't buy homes. | ||
| We have a home shortage. | ||
| And I think that that would go a long way in helping. | ||
| So it's like, my general argument in this is that these practices, the H-1B and the generalized immigration, that the other forms of work visas and the student college visas are all to the these, all these things are occurring to the detriment of the, the American people, which is why they should go away. | ||
| I like listen, like and i'll just be practical here for a second, America isn't in a position to help anybody. | ||
| I mean, if we had, if we had our people taken care of and things right, and we wanted to let in a certain amount of people each year, that's a conversation that could definitely be had. | ||
| The problem is is that America is in disarray. | ||
| Our culture is disintegrating at the same time because we're bringing in everybody with all sorts of different cultures and and they're not assimilating into America. | ||
| They are not and it it's a problem, and you know, i'll just kind of introduce this. | ||
| I don't rex, I don't have notes for this, this part right here um, but want to talk about like, some of the experience or some of the things that i've, that i've seen um, there are certain tax credits that immigrants get when they start new businesses um, and they're particularly using that and and and and I I know here it's a, it's a local issue for me. | ||
| Uh, Indians have come and purchased a lot of gas stations and what they do is they get some kind of tax exemption based off of their um, how many. | ||
| They get a certain amount of years tax exemption and then what they do is they transfer ownership of the company um from one, from one member of the family to another member of the family and they cycle it through and they all work these places and then it emerges, interject, but it's again not H1b can be like even the moderators like not let people go there. | ||
| Well, I mean, he's talking about, he's talking about legal immigration. | ||
| Yeah, H-1b is a part of legal immigration. | ||
| You said, you said earlier that we were discussing legal immigration. | ||
| I under look, I understand I, I get. | ||
| I get your point about being laser focused on H1b1b high skilled legal immigration. | ||
|
unidentified
|
This is discussion about legal immigration, subsector for this, and there's a lot of points that I have for this. | |
| Okay, if you want me to like, all right. | ||
| Well, that's what you're prepared to argue about. | ||
| So, if that's what you're prepared to argue about, what's your closing statement on this? | ||
| And then New Greuper can give his statement on you know what he thought about the debate and what doesn't have to be closing. | ||
| I'm just saying well, I mean, it's not this work. | ||
|
unidentified
|
We're having a roadblock, have like a particular. | |
| Okay, all right well Rex, hold on rog, just go ahead, make the case. | ||
| New Greuper, if we can just stay closer to this, I know you have to touch on the other ones in order to. | ||
| Yeah, I think it's fair. | ||
| At the same time, he's got a bunch of points that are prepared for things that the other one did not get prepared for. | ||
| So when I, when I told them the information, I gave him the same, but it was a misunderstanding. | ||
| All right, we're just going to continue. | ||
| So let's just continue. | ||
| Let it go organically. | ||
| There's enough to talk about. | ||
| Yeah, the thing is I I could like only talk about h-1b because I have gone through experience personally and that's why, like I came here for that, what i'm providing um versus how I think like the whole thing is. | ||
| So i'm going to talk on that um from that perspective. | ||
| 0.2 percent of um, the population here, the homeowner buying, is h-1b. | ||
| Home prices, by the way, you can check it in every source that you want to find, has nothing to do with H-1Bs buying the houses and people saying that, oh, these Indians are coming in, first of all, it's like there's a lot of people that look the same around the world. | ||
| They might not be Indians, they might be Indians. | ||
| And if they're buying something, they're coming on business visas, which is completely different. | ||
| It's an EB5 green card visas, which is a very different sector. | ||
| So, in high-skilled labor like H-1B, which now I'm not on, but I'm giving jobs to Americans. | ||
| It's like it's going to be 80% of the Americans that are going to do job in my company. | ||
| 20% of the work I just can't do here because like people just, I can't find that particular talent here. | ||
| So, you have to, you can't. | ||
| You can't find anyone here. | ||
| You can't find anyone here for what specific tasks or jobs are we talking about? | ||
| I was let me speak because I have to like finish this point. | ||
| So, with that, like going back to the housing argument, is BlackRock buying tons and tons of houses, Airbnb trying like investors buying blocks of houses, all that news that was popping up all of a sudden got like eradicated from every platform. | ||
| And it was changed that it's actually the immigrants, specifically H-1Bs that they're targeted, are buying the houses. | ||
| House is a commodity that works with principles of supply and demand, and supply and demand. | ||
| Right now, boomers have like 40 to 60 percent, which it's pretty legal and they should be holding that property. | ||
| But a large chunk is being owned by big corporations like Vanguard and BlackRock. | ||
| And I know, like, a lot of people listening here have heard this. | ||
| It was a big thing, and now it's not because that's what these corporations are good at hiding. | ||
| 0.2 percent of the population of America cannot buy, like cannot like buy all the houses and raise the prices. | ||
|
unidentified
|
That's not economically possible. | |
| Like, that's just even in places where there are no H-1B people at all, those cities are rising in house prices. | ||
| And you can check this fact. | ||
| Sure. | ||
| Can I respond to some of that real quick? | ||
| Yeah. | ||
| So, so you see it in pockets where the H-1P visa workers, and I don't disagree with you about BlackRock. | ||
| That is another issue that does need to be addressed. | ||
| These companies who are being predatory with houses do need to be crushed. | ||
| I'm sorry, like they do. | ||
| But we're speaking specifically here to the effect of the H-1B visas in America. | ||
| And you see it in these towns like Austin, like the big Silicon Valley. | ||
| You see it where all of these people flood the market at once because they do a mass hiring when they open these new facilities and they're H-1B people. | ||
| Like, I don't have a problem if it's Americans because, like I said, this is their home. | ||
| Like, I'll pose this question to you. | ||
| If things get bad here in America, would you stay or would you go home? | ||
| I have a residency here. | ||
| I'm going to stay here because I have a company, which is, as I said, 25 million. | ||
| Let me just reinforce this. | ||
| If you, so if things got bad here, like what Rex and them have talked about, the possibilities, you're not going to get on a plane and go to India that if I like rest, what's going on? | ||
| Civil war. | ||
| Political unrest, political violence. | ||
| No, I'll give you a chance to answer that. | ||
|
unidentified
|
Would you, would you honestly stay? | |
| Would I stay in a political unrest? | ||
| If, look, this is a pretty hypothetical question to the point. | ||
| And I will like tell you both the sites where I would go back and where I'm going to stay in both the context. | ||
| If it comes down that everything is just gone, all the business that I just made and everything is just gone and there's like nothing left for me to do, I can't stay. | ||
| And here's the thing: you cannot ask me to stay because I have a green card, which is a residency, but I haven't taken citizenship. | ||
| Once I take citizenship, I have, India does not allow dual citizenship, so I cannot go back. | ||
| So if someone comes and takes a citizenship here, then they have to stay. | ||
| But I'm not a citizen. | ||
| Not allowing citizenship. | ||
| No, you have to renounce your own citizenship. | ||
| You can fact check that. | ||
| Yeah, you would have to renounce your citizenship. | ||
| You have to renounce. | ||
| So you see the difference? | ||
| It's like you said it would be versus someone doing jobs. | ||
| So tell me this: are you appreciative of the fact that my company is giving jobs to 80% of Americans? | ||
| Or are you like hating me for the fact that the 20% of the rest of the jobs should also go to Americans that I have to offshore around the world, by the way? | ||
| I'm appreciative around the world. | ||
| Yeah, no, I'm a Christian. | ||
| I don't believe in hating anyone. | ||
| That's not what we're called to do as people. | ||
| But I would say this: if you're in America, it does need to be 100%. | ||
| I mean, it does. | ||
| And, you know, at the end of the day, and I don't mean this to sound mean, but what you're doing here could be done by an American here. | ||
| If Americans were, see, here's the thing: all these other nations come and they compete with Americans here. | ||
| And if Americans can't have their own, like I would get like an international, like, you know, or not even that, like in America, Americans have a right to pursue the, you know, the promise that America has given them as their people. | ||
| And if you can't, if we can't do that because we're having to compete with diversity, equity, and inclusion, you know, like literally there are studies and official policies in these major universities that have said that you have to have so many of X, Y, and Z. | ||
| And then they place different categories based off of that, you know, which I would agree, I would say is discriminatory. | ||
| It's like we have to compete against the entire world in our own nation. | ||
| But the whole purpose of our nation was not to be this hyper-competitive space for everyone. | ||
| It was to be home for us. | ||
| And that's my whole point. | ||
| It's like our immigration and H-1B and all of it together cannot happen at the detriment to the American people. | ||
| It cannot, it should not. | ||
| It is an injustice that needs to be corrected. | ||
| And that's my whole point. | ||
| And like I said, guys, you can sum that up as the argument, but that's kind of where I stand is it's incompatible with the preamble of the Constitution, going back to the very beginning. | ||
|
unidentified
|
Like we are a country for the people, by the people. | |
| Go ahead. | ||
| Sorry. | ||
| The DEI does not apply to people outside America, by the way. | ||
| The DEIO especially based. | ||
| If you see the acceptance rate of Asians in Harvard, you will know. | ||
| By the way, it's that the most DEI that benefits are being given are given to American minority communities like Black and Hispanics, not the Asian people or the people from outside. | ||
| Look, you can do anything here in the country. | ||
| What I'm saying is that when H-1B people are not just like, oh, I have to just choose America. | ||
| American companies give offers a lot of money for them to come here, leaving their country, leaving a family behind in America to work for them very positively to work on something like creating Tesla, which you said that Elon Musk was not net positive. | ||
| He just something did with the rocket. | ||
| You know, the Starlink just revolutionized the world to the point that now someone in Africa, like an African like desert or something like Amazon can now study because they have the internet there as well. | ||
| The Neuralink thing. | ||
|
unidentified
|
Let me respond to that real quick, if you will. | |
| But like Elon Musk and his stuff, you talk about what he's doing for the world. | ||
| That's great. | ||
| I don't care about the world. | ||
| I'm an American. | ||
| We have problems in America. | ||
| Like when I talk about what he's done for America, you're interjecting me. | ||
| When it comes to the world, it comes to humanity. | ||
| Like he's not going to say, I'm not going to do this to Americans. | ||
| If they want my Starlink, I will not give it to them. | ||
| The Neuralink, all the things that are happening in the Neuralink, all the people who are backs and they're like disabled people are able to like walk and like now talk and like use computer is happening in America. | ||
| He's paying billions of dollars on taxes, creating tons and tons of job. | ||
| Like the whole issue is about job and he's created immense amounts of job for America. | ||
| And not just that, the Google founder, Sergeibin, he was born in Russia. | ||
| And there is a misconception about the whole talent thing that after H-1B in 1990, that everything started to fade. | ||
| And before that, we even went to the moon. | ||
| By the way, if you actually see the people in Apollo mission, they were not American born. | ||
| They were not American born. | ||
| I want to answer this real quick. | ||
| I want to interject here. | ||
| You said that all the taxes that Tesla pays. | ||
| I just looked it up. | ||
| Tesla paid $0 in federal income taxes in 2024, which is the most recent thing that I'm able to find. | ||
| And not to mention, when you look at who's paying them, it's the American taxpayer via government contracts. | ||
| And Neuralink, Neuralink might, first of all, the implications for that, implanting an electronic chip inside of your brain, that's still like that, the ethics of that still needs to be worked out. | ||
| You know, it's like, you know, and what you talked about, like Starlink and all that stuff, satellite technology has existed for like 60 years, man. | ||
| It's kind of like it's not, he's not really innovating anything. | ||
| He's just kind of making things that already exist. | ||
| And that's where you are wrong. | ||
| You said you were in 90s. | ||
| And that's why I'm saying you were wrong at this because, and that's why we need people from the rest of the world because these are pretty, pretty high-tech things. | ||
| Like the Starlink has revolutionized the world. | ||
|
unidentified
|
Like. | |
| It's not something which you can like, even care like 90% of yeah, go ahead, sorry. | ||
| Like all the things like satellite technology. | ||
| It's not just satellite technology. | ||
| It's like me saying oh, car was there in 1930 as well. | ||
| What did this new car are doing? | ||
| I would just write, the same car that was FORD made in 1930. | ||
| Would you want to do that? | ||
| Like it's not innovative invention, it's innovation. | ||
| Innovation is a very different thing than invention. | ||
| You confuse with invention versus innovation. | ||
|
unidentified
|
You invent something really not. | |
| Yes, here's the thing I'm going to interject here. | ||
| Listen, here's the thing. | ||
| Not any like. | ||
| Most most internet traffic is done via the underwater sea cables. | ||
| Everybody knows that. | ||
| I mean a satellite. | ||
| Yeah, like is he? | ||
| Is it something new sure? | ||
| Does it change the world for us as Americans? | ||
| No, do I care that he makes satellites that people in Uganda can use what they're I mean the smartphones aren't going to do them any good when they're in their mud huts. | ||
| Keep being frank like that. | ||
| But like and the thing is, is my concern the whole thing. | ||
| I could care less what these people contribute to to, to whatever the globalist society. | ||
| I care about my nation and my people and I put my people first and I and I'm on support like this has done more positive than you and I together combined in our seven lives will do. | ||
| How many people have you given jobs to? | ||
| I'm not, I'm not a, I'm not a business owner. | ||
| I'd say this, though, how did Elon make his money? | ||
| By blood diamonds in South Africa. | ||
| Like, if you want to, if you want, if you want to get into the technicals of how he made his money to do some of the stuff that he's done yeah, it's not good and so, like what my whole, my whole thing here is is like, if we're gonna go going back to the day sorry to interject he, he did blood diamonds and with everything it's like it's. | ||
| It's like you all already forgetting the whole fact that how America got resources with the wars and all, like you can call anything blood money. | ||
| I'm not justifying our factions in the, in other nations, over resources. | ||
| I particularly, if you just to kind of give you context to me as a person, I am I, I i'm a fan of Thomas Jefferson, I am, you know, I do not believe that it's our job to police this entire world. | ||
| I do not believe that we have the resources, nor the time, nor the money, nor the manpower to do so and I do not think that it's ethical as a human being to interject ourselves to do that, like I just don't, and so I won't defend any of that. | ||
| Like you know, like America going to war for the for, you know, the opiates and oil in in the Middle East, I did. | ||
| I do not support that in any facet and I think it's because it's because we've got our the. | ||
| The ruling class over us has gotten extremely more and more predatory as time has gone on. | ||
| And I think that's the problem. | ||
| And I think that these companies going because I want to shift back to the debate because I've prepared for the debate, right? | ||
| The companies who do this, the H-1B hires and stuff, they're not thinking of the American people, the nation which their country is from. | ||
| They're thinking about patting their pockets. | ||
| And I get you have to make money. | ||
| I do agree with that. | ||
| But you cannot make money and be predatory to the American people. | ||
| That is where the line has to be drawn. | ||
| And that's why I draw the line with H-1B in general, you know, immigration. | ||
| I think it needs to be severely, you know, severely restricted. | ||
| I think that there needs to be mass exodus that needs to take place because we are unstable as a nation. | ||
| So, I mean, in summary, that's what I got. | ||
|
unidentified
|
Well, that's anything else that will just kind of devolve into poopslinging. | |
| Yeah, that's your position. | ||
| Let's do a five-minute closing from Raj. | ||
| Let's do another closing for you. | ||
| However long you want to go, just as long as it's at that five-minute mark. | ||
| I know you said you're at the limit of your prepared material, but let's do that five-minute closing for each and then we'll wrap the stream, guys. | ||
| I really appreciate both y'all being here. | ||
| I think both of y'all have made good points. | ||
| I think it comes down to how you see the issue and what your perspective is on what America is at the end of the day. | ||
| And that's why we have opposing decisions. | ||
| And I've seen some people in the chat say, moderate, blah, blah, blah. | ||
| This is a discussion. | ||
| This is also a debate. | ||
| We're trying to figure out what the prevailing positions and statistics that back them are. | ||
| And that's the whole point of tonight's show. | ||
| We really appreciate New Greuper and Raj for being here with us tonight. | ||
| Raj, just in five minutes, tell us what you think about what New Greuper has said, reiterate your position, and then New Greuper, do the same. | ||
| I will let him go because he was like in the middle of his point. | ||
| So I will let him finish with the argument. | ||
| Would you like to go first? | ||
| New Grey. | ||
| I mean, I can't, I would say this. | ||
| Throughout this debate, I've brought statistics and facts that have aligned, you know, that have contributed to what I think about the H-1B and immigration issue. | ||
| I think that for Raj, a lot of this is rooted in his subjective personal experience. | ||
| I think that it's, and obviously that's natural because, I mean, he is an H-1B visa holder, and that's completely reasonable for him to feel that way. | ||
| But at the end of the day, I think that we as Americans, we have a right to live and exist in our own nation that we have. | ||
| I think we have a, we have, we, we, you know, like our, that's what our government exists for. | ||
| And so if our government, a government who will not stand for its people will neither have a nation nor its people at the end of the day. | ||
| Like if we, if we do not handle this, America will cease to exist. | ||
| It will turn into something like what you see on like cyberpunk 2077, where we're going. | ||
| And that's not conducive to the, to the, you know, the things that are outlined in the Constitution, which is what America is supposed to be about. | ||
| So, you know, in conclusion, I'd say, hey, shut it down. | ||
| And, you know, not saying that these people aren't nice people or, you know, anything like that. | ||
| I'm just saying we are not in a position as the United States to handle this. | ||
| And so unfortunately, we need to make changes that are in our best interest because if we won't put our best interest at first, then nobody else will. | ||
|
unidentified
|
Okay. | |
| That's what I have. | ||
| Raj? | ||
| Yeah. | ||
| So you said that most of my things were subjective and you put like stats into it, but the stats were like very, very one-sided kind of stats. | ||
| Stacks. | ||
| Like I gave like reference like to like a lot of things which are out there. | ||
| And you can just like right now, because I thought the moderates are gonna like fact check most of the things. | ||
| With housing, first of all, let me go into each thing. | ||
| Housing has nothing to do with H-1Bs. | ||
| It's a fact. | ||
| You can just like type down like in AI, ask for sources that who has most of the houses, like who has basically most of the houses, who owns most of the houses, or just basically ask, like, are H-1B responsible for house prices going up in America? | ||
| And you will know the answer. | ||
| Second thing is interpretation of the American Constitution can be done in multiple ways. | ||
| You know, you are interpreting it this way. | ||
| The tech companies are interpreting it in other ways. | ||
| And not everyone is predatory. | ||
| Like, I came here, as I said, I'm giving 80% jobs to Americans. | ||
| That people will work. | ||
| They will get that money. | ||
| Like, how am I predatory? | ||
| You know, I'm taking resources because I'm living in a country, so I will make resources and I will give back what all the tech and innovation I would do. | ||
| Secondly, people like Elon Musk, we should give credit to them because we are using technologies and you never know like which technology has been made by whom. | ||
| 45% of five Fortune 500 companies are being started by immigrants, like foreign-born. | ||
| And the and that's like these companies is what you're proud of when you say America is so good. | ||
| What is the rest of the world doing? | ||
| We are doing so much in tech. | ||
| We are doing that. | ||
| And why can't like people go back and do that? | ||
| Well, you did that. | ||
| You didn't see the collaboration of everything. | ||
| This is meritocracy is not something, it's not a joke. | ||
| Like that's how humans have been. | ||
| You know where meritocracy isn't? | ||
| North Korea, Soviet Union, where basically like those scientists, whatever they made, are being taken from them and then distributed in general public. | ||
| What happened next? | ||
| We all know. | ||
| And before H-1B, because H-1B is just like a name change of like getting most of the talent of like extraordinary talent to American shores, just look at look it up, guys. | ||
| Like how many people in Apollo and like all these missions that happen after World War II. | ||
| Even Einstein was a German citizen. | ||
| He was born in Germany. | ||
| They are given citizenship of America. | ||
| These are all facts like you can search. | ||
| I cannot just send everything. | ||
| Like just search like the citizenship of like, let's say Einstein. | ||
| Let's see the citizenship of. | ||
| I mean, he was an immigrant, of course. | ||
| Where he was. | ||
| He was born in Germany, of course. | ||
| Yeah, he was an immigrant. | ||
| And you know that. | ||
| And do you think he did not contribute to America? | ||
| He lived in a lot of different ways. | ||
| If I'm not mistaken, he also renounced. | ||
| Yeah, I'd say this. | ||
| And this is going to be unpopular, but I think there's a, we don't have time for the second debate, so I hate to introduce it, but I think there's a fundamental difference between Western immigrants and Eastern immigrants. | ||
| I think that we share no common culture with Western immigrants. | ||
| And I think that also adds, you know, if that's true, we weren't able to get in. | ||
| You say Eastern. | ||
| You said Western. | ||
| Like eastern as in like yeah, like Western nations as in, like European Nations, and eastern would be like India and China and other places that have entirely different cultures, but like the nature would think that way. | ||
|
unidentified
|
But that's actually like, not true? | |
| The tech culture is the same. | ||
| That's why they come here and talk, and you said like you cannot like communicate with the, with the, and there's communication gap when it comes to Indians. | ||
| You are communicating with me pretty fine, you know, and people that have not every one of them speak as you do. | ||
| I would just say that in my experience, a lot of them are unintelligible for me, like I can't understand them, and that's why I am the one who came on H-1b and doing the green card and that's why i'm saying, kick those people out who are just bad because they're coming off of scam and cheap labor. | ||
| But people like me are good. | ||
| I'm I, I worked hard, paid all my taxes, zero doi, not even speeding ticket ever and uh, and then doing 80, giving 80 job to Americans, like buying, like helping out in the church in my community, where it is. | ||
| I donated to the church, learn going even to like, learn Bible, so that I can learn the culture that is like around me, i'm doing everything, but then someone will come and be like, oh, you look different and you're from India, so your culture will be different than someone from you know Siberia. | ||
| Because even though a Russian culture will be very, very different than the culture of London or Uk, he is white at the end of the day. | ||
| So and i'm not. | ||
| But I have grown up watching all the Hollywood movies, everything that there is to know about like America, as much as I can learn from my country, you know, knowing the values of like hard work freedom, and knowing like the history of, like what has happened and the free world. | ||
| You know it was supposed to be like the free world, not the white world. | ||
| It turned out to be that way for some people, very minority of the people, but the rest of the people who, with their Mirata meritocracy, did good things, amazing things in America that made America America, are going to keep hiring people like me and that's it. | ||
| Like you can do anything about it, you can cry about it and you would thought like Trump would ban it. | ||
| No, no one will. | ||
| No one will ever, ever ban this thing. | ||
| Okay well, I think we got. | ||
| No, you got something to say i'd say this, you said, you said that it'll never happen. | ||
| Mark my words, there will be a time when a populist American does rise up and it will happen. | ||
| Now, like I said, I don't say I don't think you're a bad guy. | ||
| I want to reiterate that I don't, you know, but i'm speaking to, i'm speaking on, I was speaking on, general issues related to these. | ||
| You know on the whole. | ||
| So just want you to know that. | ||
| It's not not like I hate you, by no means. | ||
| Just make. | ||
| I want to make that very clear. | ||
| But yeah, that's all I got. | ||
| Yeah, no same here. | ||
|
unidentified
|
Look like I. | |
| I love America. | ||
| I love American people. | ||
| I just think that anyone who works like me to 12 hours to 16 hours a day can achieve anything. | ||
| And it's like, I love everything about America. | ||
| And I'm not just going to like leave, it's like leave everything behind, assimilate here. | ||
| Well, I am assimilated, but even if I leave everything behind, there are actors who will never accept me, but whatever I am. | ||
| The alliance that I have is the same alliance that let's say what Jesus had to humanity more. | ||
| Like you can, you can be like, oh, that because of this, something happened economically. | ||
| Like money, if everything boils down to money and not humanity and love at the end of the day, then it's like, why are we even humans for? | ||
| Okay. | ||
| We just boils down to like house prices and like if I'm getting a job or not, you know? | ||
|
unidentified
|
All right. | |
| Well, thank you, guys. | ||
| Yeah, we appreciate both of y'all's viewpoints. | ||
| Obviously, we'll have both of y'all on again to discuss, you know, maybe this, maybe other topics. | ||
| We're going to do a lot more of these call-in debate shows. | ||
| We're going to get better at doing them. | ||
| Tonight was more of a discussion. | ||
| And obviously, like callers weren't necessarily sure on some of the parameters. | ||
| We got a little mixed up there, but I think we had a very productive conversation. | ||
| And more importantly than that, I think that we realized where people stand on this issue and the arguments make like New Grouper making American nationalist position. | ||
| Raj obviously making the legal immigrant, you know, pro-humanity, as he states it, perspective. | ||
| And, you know, I think both arguments, they have some valid points to them. | ||
| Obviously, like, I'll be honest with you, I agree more with New Grouper. | ||
| I know Tim agrees more with Raj, and that's fair. | ||
| And that's how things are. | ||
| I'm kind of like, I agree with some of the points New Groiper is saying in general. | ||
|
unidentified
|
Huh? | |
| You kicked him? | ||
|
unidentified
|
Kicked. | |
| Yeah, yeah. | ||
|
unidentified
|
Okay. | |
| Okay. | ||
| Yeah. | ||
|
unidentified
|
I remember. | |
| Okay. | ||
| It's just us. | ||
| So I thought this was fantastic. | ||
| Whether, you know, other people might have different opinions, but it's, I think the biggest thing for me is just to get representation from different groups. | ||
| That way we don't just have like an echo chamber. | ||
|
unidentified
|
Yeah. | |
| I mean, and we're not on here saying immigration, great. | ||
| We're also not here saying no immigration. | ||
| Like we're having a conversation where obviously these things are nuanced. | ||
| I mean, like, obviously, like to someone like New Grouper, the opinion is pretty much like, this is the black and white opinion. | ||
| And I agree more with him. | ||
| And I've said that. | ||
| That being said, I do believe in the gray area that we talk about all the time. | ||
| And my thing, and I think this is what Raj wasn't able to fully portray of what, you know, his point was getting. | ||
| And here's my standpoint on all of this. | ||
| I think the only thing I don't like to do is put it to an extreme to where it's binary and it's a one and zero. | ||
| And I made this point on the last episode. | ||
| His thing is, is like, shut it all down. | ||
| The thing that people don't realize is when you shut something completely down, you don't, you don't actually know what the ramifications are. | ||
| And part of the reason why we're in some of the messes that we're in is because we make these like unilateral knee-jerk decisions. | ||
| We don't even know how intertwined the system is and who's important where or what systems have been created by some very important people who may be on H-1Bs. | ||
| Now, the thing I don't like about H-1B is when it's becoming, and this is where New Grouper was kind of like, he didn't hit this point, but this is where he was going. | ||
| The practices, the malpractices, when it comes down to like some of the corporations like Tata that go and like pull people from overseas in India that like are not the same as Raj. | ||
| They're just the guys who would like just normal Joe Schmoe's who would just take a cheaper wage to do the job here. | ||
| That shit needs to go. | ||
| I think the whole H-1B system needs to be reformed, but it needs to be. | ||
| I don't like the value in it of being able to get the best people in the world working here. | ||
| That's what I want. | ||
| I don't want the Joe Schmo who's not going to provide an extreme amount of value to America because ultimately, at the end of the day, anything that comes into the country, he was trying to say that the money goes back. | ||
| A lot of it actually stays here. | ||
| And that's money that a lot of it does leave. | ||
| But when I, some of it gets sent back home, but I'm saying when you buy something here or you're living here, that circulation of money that happens here. | ||
| Well, I'm going to, I'm going to argue a point. | ||
| So you looked up the statistic of like how, how do H-1B holders impact the like the housing economy and prices, right? | ||
| And we got the result. | ||
| I don't think we threw it up, but it was like, it was negligible. | ||
| It was negligible. | ||
| It was negligible. | ||
| However, new homeowners, the statistic that New Grouper uses, it's 40% for immigrants. | ||
| I know it doesn't include, or it includes H-1B, includes a whole lot of other things. | ||
| I just think it's, I don't think it's fair necessarily to have the total conversation be about H-1B. | ||
| I think it's also about immigration because these statistics, like you can say, oh, they're mixed and you could say like a larger majority comes from somewhere else. | ||
| It's still a factor in that. | ||
| And I think the point New Greuper was making is, look, it's great they come over here and they provide value and they get the high paying job, right? | ||
| It's not like the H-1B situation you're talking about where someone's like Joe Schmo and they get a job and they're underpaid. | ||
| No, they're actually paid a lot to come over here because of the skill. | ||
| That being said, are they the only people that could get paid that amount for that skill? | ||
| I would say that Raj is making the argument yes. | ||
| I'd say New Greuper's making the point no. | ||
| And my standpoint on that, because I've worked in STEM. | ||
| I've stemmed. | ||
| I've worked in STEM. | ||
| It's case by case. | ||
| There are scenarios where there could be a qualified, but there's genuinely times where like somebody who comes from out of seas, because they've been brought up a completely different way, there isn't a replacement for that particular person because they're a unique individual with different skill sets. | ||
| That does exist because there's certain things here in America that we don't build systems around that they do internationally. | ||
| And they come with that skill set to bring it here. | ||
| That does happen. | ||
| And that was one of the things that Trump was trying to make clear, didn't do a good job of that, of the whole battery situation that they did where they like put up these sort of South Koreans or something like that. | ||
| But my whole point with this is like when it comes down to that number you're talking about, like 40% going to immigrants. | ||
| Yeah, we can say, well, this is a big issue, X, Y, and Z. | ||
| But like, including Raj, you, me, like, even New Groiper, we don't actually know what the nuance of like what's driving that. | ||
| Who's like, how, where is the money coming from? | ||
| Like, are Americans making certain decisions that these foreigners are not? | ||
| Because one thing I will say is I have seen some of the international, I have seen some of the international people make different decisions when they move to America because it's like the most hardworking people that come overseas and they've been taught financial literacy. | ||
| And then it's a broken system here where like the average person with their stimulus checks went and bought Jordans when they should have just been saving for their first down payment on a house. | ||
| So it's like nuances like that. | ||
| And that's not every scenario, but I'm just I know, but the thing is, it feels like denigrating Americans at the end of the day to be like, hey, like the Americans are stupid. | ||
| The Americans don't know how to spend their money. | ||
| The Americans don't know how to do these jobs. | ||
| Answer, simple. | ||
| We bring the people in that know how to do the jobs and know how to spend the money. | ||
| We're bringing in better citizens because the ones we have at home, they're not good enough. | ||
| We have to bring in better future citizens. | ||
| That's the argument. | ||
| I see. | ||
| No, but that is where you're going with just like the absolute. | ||
| That is not what, that's not exactly the situation. | ||
| That's like if we just started importing. | ||
| America has been open for generations. | ||
| It's not something that just happened overnight. | ||
| This has been a process before when Americans were a majority of the people coming in. | ||
| There were still immigrants coming in here and assimilating and doing all the same thing. | ||
| The problem is, is we haven't addressed the root issues of what happens when we privatize. | ||
| Remember, we were talking about Reaganomics and all the things that happen with that. | ||
| There's a lot of predatory practices that happen from a governmental level and the politicians and these BlackRocks. | ||
| Those are what actually have driven most of the problems in the first place. | ||
| And sometimes what happens is like some of these immigrants are somehow skirting around that because they've figured out or they had enough money from coming from a better situation outside. | ||
| And the American had already been fucked by our own system. | ||
| So it's like, you don't just completely turn off the faucet. | ||
| You fucking fix the problem is what I'm saying. | ||
| It's like, he's right. | ||
| BlackRock shouldn't be buying freaking thousands of freaking houses and then putting those up for rent. | ||
| Like, what do they need all of that housing for? | ||
| True, but I don't think like it's not necessarily the immigration issue. | ||
| And we have to also say, like, who's the, who are the immigrants? | ||
| It's not all Indians. | ||
| It's not all Chinese. | ||
| We got like, there's, there could be people from Europe that are coming over here that go into that immigrant bucket. | ||
| Like until we go into the specifics, and maybe we do that sometimes. | ||
| We should do the deep dive on that. | ||
| We should always do more deep dives on the gray area. | ||
| We enjoy doing them. | ||
| And Tim does a great job putting them together very deep into the facts and information, which is what we rely on here at the gray area. | ||
| And look, we wanted tonight. | ||
| We wanted to have two people come in with vastly opposing viewpoints. | ||
| We wanted them to talk. | ||
| We wanted them to debate. | ||
| Now, this is our first attempt at doing kind of a debate discussion stream. | ||
| We're going to do a lot more of these in the future. | ||
| They're going to be more heavily moderated, but we were just like, hey, we got two guys, very strong positions. | ||
| They want to talk to each other. | ||
| I still thought it. | ||
| I still thought it was. | ||
| I thought it was good. | ||
| I still thought it was well. | ||
| I enjoyed it. | ||
| The final thing I want to say is like, I was born here, been here for generations. | ||
| I'm super pro-American. | ||
| I'm not like all of a sudden immigrants should just get all the most Mongolian person I've ever seen. | ||
| You are from Mongolia. | ||
| I am from Mongolia. | ||
| Senator of Genghis Khan. | ||
| So my whole standpoint is when I make some of these arguments, it's not necessarily like, oh, I'm going to go and defend immigrants and just like, oh, the immigrants are more important than Americans. | ||
| It's making a lot of sense. | ||
| It's more of a, yeah, I'm an engineer. | ||
| I'm thinking like on a higher level of like, let's not turn off the faucet because we don't know what else that destroys. | ||
| You know, we don't know how the system was built. | ||
| And most people don't see behind the curtain of how the whole infrastructure works. | ||
| And that's why even as an engineer, you know, something like a phone here, everybody's like, oh, just change this component and something works. | ||
| You don't know how that component was built in the back end and all the systems that went into place and you just destroying the machine might end up tearing down the whole operation. | ||
| That's all I'm trying to say. | ||
| And all the stuff I see on X, it's an echo chamber of people just very angry and they want to take the problems out on a specific issue, but they don't know if that's actually the issue or the smoke stream that the politicians and that the these corporations want you to believe. | ||
| That way they're not in corroboration with the issue. | ||
| Well, very good points. | ||
| Very good discussion all around. | ||
| We're going to end it now. | ||
| We're two hours and 30 minutes. | ||
| Yeah, we're good. | ||
| There appear to have been some glitches on the X side. | ||
| I'm not sure what's going on. | ||
| I think you're getting censored, man. | ||
| Yeah, well, we'll see. | ||
| I don't know. | ||
| They're censoring me. | ||
| They're censoring me. | ||
| But we appreciate everyone here. | ||
| Thank you. | ||
| Look, you got to follow Tourism Tim on X. You got to go give him an X follow, help him out. | ||
| On American. | ||
| You got to go make sure you help us out on the gray area, YouTube, and Rumble channel. | ||
| You got to go subscribe to us there. | ||
| And really, like you don't have to, but we'd like you to repost the clips and repost the stream even after it's over. | ||
| And just ultimately leave a comment, say what you thought, and you can DM, well, not DM. | ||
| You can comment under me or Tim's page. | ||
| You could let us know what you'd like to see more of. | ||
| We do a lot of viewer suggestion shows. | ||
| We do a lot of shows where people will be like, hey, we want this topic discussed. | ||
| We want to deep dive. | ||
| And then Tim will be like, great. | ||
| And he'll do the deep research on it. | ||
| And then we'll come out later with that prepared segment on our Sunday shows. | ||
| And you really don't want to miss our Sunday shows. | ||
| We do them every Sunday. | ||
| It's a much longer stream than this, usually three plus hours, sometimes four hours. | ||
| And what we're doing on those Sunday shows is we're getting the best guests possible. | ||
| We're getting the best information possible. | ||
| We're getting the best topics possible throughout the week. | ||
| And we're putting it all together in a three to four hour show, which is made for you, the viewer, to enjoy. | ||
| I mean, look, we enjoy making it so much. | ||
| We enjoy the research. | ||
| We enjoy the discussions, the topics, the learning. | ||
| We know you enjoy it as well. | ||
| So look, follow Truism TimonX and follow us at the Gray Area YouTube and Rumble page. | ||
| And please, if you like us, comment and repost our stuff. | ||
| That's all I have for tonight. | ||
|
unidentified
|
Yep. | |
| That's it, guys. | ||
| Thank you. | ||
| Thank you for very much tonight. | ||
| Thank you guys. |
Export Selection