Alex Stein and Rex Jones dissect Minnesota’s ICE shooting controversy, where a man died after allegedly handling a cell phone—not a gun—while detained, exposing ideological divides and systemic failures in law enforcement. They critique Trump’s $34M fraud claims about Ilhan Omar as election-year gaslighting while debating whether H-1B visa abuses or illegal immigration worsen housing crises, with Stein arguing tech-driven restrictions could curb societal tensions. Tim Tompkins counters with data: median homebuyer age rose from 30 in 1992 to 38 in 2024, starter homes now just 9% of new builds (down from 40% in 1982), and zoning laws inflating costs by 25%. The episode reveals housing affordability stems from global supply-demand imbalances, not corporate greed alone, urging solutions like Singapore’s public housing or New Zealand’s zoning reforms. [Automatically generated summary]
I know I said this last stream and I was like, you know what?
Give people what they need to know.
A lot of people these days have been talking about who's to cause for the housing market situation and why you can't afford houses versus your grandma or your grandma.
So we're going to be diving into all of that, numbers, facts, graphs, everything.
And it's going to be very clear to you guys by the end of it.
And it's actually going to shock you what's going on.
It's like almost in plain sight, but it's very hard because there's so many different things going on in which they're all being meshed together.
You know, like I went to the Blaze and the Blaze is owned or run or whatever by Glenn Beck, right?
And Glenn Beck and my dad are like mortal enemies, or at least they used to be.
So for me, it was very cool to actually go there and get to see what it was about.
I didn't get to meet Glenn Beck, the owner or whatever, like one of the managing interests, you know, just going to keep it at that.
One of those people was at the Blaze and they said hi to me from like looking down at me from three stories above.
That was pretty cool.
But they have a very cool studio.
And I really think Alex is going to be able to elevate what he does now by being independent, not having to worry about anybody, you know, doing anything or controlling anything he says.
Yeah, I think why I like Alex a lot and I've seen his content is because you can tell he's he's still a talking head, but he's like loose and funny about it.
And he's also not like supercharged, like angry all the time.
A lot of the people's cameras are pretty blurry, or at least whatever is being uploaded is like 720 p.m.
Yeah, you can barely read.
It's like basically one of those like CCTV type of things where you can barely see the footage.
But I think what's going on there is lack of training.
That's really what boils it down for me.
I mean, they had everybody out there trying to meet a certain quota, and a real ICE agent probably would have de-escalated before shooting.
And they lowered the bar for what it took to actually become an ICE agent.
And I feel like that's kind of what's driving a lot of these escalations because of lack of like real training behind what you're supposed to do in those situations.
I look at it and I'm someone like I'm incredibly pro-Second Amendment.
I've been going to protests, rallies, whatever you want to call them since like the age of 10 or even younger, right?
And a lot of these rallies are like pro-Second Amendment rallies that have happened, right?
And you see people open carrying or carrying their guns or doing whatever.
I went up to Virginia, actually.
Maybe it was, yeah, I think it was Virginia.
I went to Virginia with Zimmerman like five years ago.
It's crazy to think about.
They had a new gun law that was being signed and like there were tens of thousands of people in the street with guns protesting.
So for me, looking at the scenario where you have an American citizen who's with a girl or someone or whoever, and the ice roll up on them, they're doing whatever.
And the guy kind of gets in the middle and tries to stop it, which you're impeding law enforcement, but ultimately you haven't committed a crime.
Like you're just walking down the street.
So they get him.
They take his gun and then they execute him in the street.
And people are like, well, you know, they took the gun from him.
The gun discharged.
It's a SIG P320, which is notorious for discharging.
Well, the shot was fired by accident and that made them go gun, gun, gun, and shoot him in the head because the guy holding the gun is not the guy who shot him.
Right.
So that's the most reasonable approximation of what I, what I've heard.
I don't like the way they behave.
I think it's thuggish.
I think it's cruel.
I don't think that, oh, the greatest country on earth.
I don't think we should have brown-bearded people with masks like this.
The other guy has his gun, has his gun for about like three or four seconds, and then the gun discharges or whatever happens, and they mag dump into him on the ground.
As you can see, the chat is in the right side on the live feed.
It might be in the left.
I'm not sure how you guys are looking at, but there are new upgrades.
I know a lot of the time we don't always see the chat.
Sometimes things are just flowing and we're just talking and we've got a vibrant community now.
Right.
So for people who either want to just support or want to shout out or just want to talk or have us read something, it will stop.
We will stop and we will actually read it because it's going to be loud and it's going to say whatever.
But please, when Alex comes on, I know some people are going to have some questions they want to ask him.
You can go ahead and super chat it because that's the easiest way to actually get in touch and actually talk.
But please be responsible.
Yeah, let them know.
Yeah, I don't want to have to revoke privileges for that because we're trying this live and I don't know, but I don't think anybody's going to say anything out of pocket.
And then during that wrestling to the ground, as the man is being wrestled to the ground, agents, it looks like it appears, shoots the man several times.
But again, I want to stress that there is nothing confirmed from officials at this point, nor have I spoken to any eyewitnesses down here as of yet.
So I want to be very careful about what we put out here.
In these moments, it can become tempting to offer breathless coverage of what is happening out here, but I want to take this moment to just breathe and be very careful about what we know to be true in this moment.
Which what we know to be true is what we can see here: is that there is a large presence of immigration enforcement agents here at the intersection of Nicole A and 26th.
So the reason, the reason why I feel like somebody asked why are there so many agents on this one guy?
What happened prior to this?
And I've seen the video.
It looks like this guy was in some confrontation with like three other people and they were just fighting, like almost like rioters just like fighting each other.
Man, people just random Joe Schmills on the street.
And then the ICE agents were across the street.
They see it.
Then they come over and there's like five of them trying to break up the fight.
Well, I mean, everyone's like, that is the real opinion of like what happened is like it's a tragic incident, but everyone's taking an ideological side on it.
I view it as pig behavior.
I think it's abhorrent that a U.S. citizen was shot three times or five times, whatever it was while he was on the ground.
I don't think he had a gun or was going for a gun.
I think they took his gun.
I think it discharged.
And, you know, a lot of people are like, Fafo, he brought a gun to a protest.
This is the gunman's gun loaded with two additional full magazines and ready to go.
What is that all about?
Where are the local police?
Why aren't they allowed to protect the ICE officers?
The mayor and the governor cut them off.
It is stated that many of these police were not allowed to do their job.
That ICE had to protect themselves.
Not an easy thing to do.
Why does Ilhan Omar have millions of dollars in her account?
This is like, this is where everyone looking at it, if you're independent or if you're already like kind of like on the Democrat leading sign, this is where you're going to lose them.
This is where it's over because people read that and you're like, why are you saying that?
Why are you talking about that?
And why is he doing it?
It's a distraction, of course.
Why does she have $34 million in her account?
And where are the tens of billions of dollars that have been stolen from the once great state of Minnesota?
We are there because of massive monetary fraud with billions of dollars missing and illegal criminals that were allowed to infiltrate the state through the Democrats' open border policy.
We want the money back and we want it back now.
Those fraudsters who stole the money are going to jail where they belong.
This is no different than a really big bank robbery.
The proper response to this is not even necessarily an apology, although I would say one is warranted.
I think you get a lot of public respect and credibility that way.
And the fact that he talks about this in such a callous way and really just uses it as a campaign message, which is kind of sick, to be honest with you.
It shows you that they're not serious.
They're not serious people, Tim, because a serious administration is not like this wouldn't get approved.
I thought about it, so I've decided that it's true.
This is no different than a really big bank robbery.
Much of what you're witnessing is a cover-up for this theft and fraud.
The mayor and governor are inciting insurrection with their pompous, dangerous, and arrogant rhetoric.
Instead, these sanctimonious political fools should be looking for the billions of dollars that have been stolen from the people of Minnesota, United States of America.
And this is what I said on, I was on a spaces yesterday.
And I just, you know, sometimes I hop in these things and everyone's got opinions.
Cool, But like everybody was sitting there and they were just taking like straw manning each side, not even just thinking like on a macro level of just like, hey, you know, there's more to these, there's more to these situations than what you can just see or hear.
People were like, there were guys who were like on the right that were like, our second right amendment is being taken over and you, you got to be careful out there.
You, can't, you can't get anywhere without a gun without being shot.
This is America.
We have Americans dying.
And then the other ones on the left side, it's like, oh, there's ICE agents and we're under under duress.
And it's like, guys, none of us, all of us are sitting here at home, right?
Watching all these things take place, right?
When you're there, it is a very heightened state.
Like you're talking adrenaline on Cloud 9.
And like, just, can we actually pull up the video real quick of the guy, the old man?
Can you, can you find that, Andrew?
I think I sent that on X. Old man, it looks like a war zone.
And that's the point I wanted to make: is like, this is the hobby.
This is the national sport.
This is the new American pastime.
It's not baseball or football or basketball or any of these things.
It's lining up on one side of an event, whether you're ICE or you're like people there to support them or whether you're there on the left to like, I guess, defend the illegal immigrants or whatever.
This is the new national sport of the country because the country is in decline.
So I'm going to go find another post that mimics this and I'm going to pull it here and I'm going to keep feeding you because the longer you stay on the algorithm, the more I make money because people are paying for ads.
And I think that's really key in the accelerationism that we've seen, especially over the past decade where you have people on social media actually reviewing things hundreds and hundreds of times.
I mean, I saw the Kirk thing like 50 times, you know?
So, whereas in the past, where maybe you see JFK get shot on TV, maybe you hear about it, maybe you see 9-11 happen on TV or whatever.
You hear about it.
Oh, you're freaked out.
You're not watching replays of it every 30 minutes for two weeks.
And, you know, I love Elon Musk for saving, you know, free speech in the sense that like, you know, a lot of people were getting removed and deplatformed from the 2020 era when Facebook and Meta and those whole organizations were going ham, right?
Ham on the censorship.
But, you know, now it comes with a cost to where you actually get to watch people bleeding out in real time.
And guys, by the way, humans, you know, we've done that for generations.
We got to a point where that stuff kind of was hidden for a while.
So now the reaction is no, just seeing actual blood.
And like, like I've watched terrorist attack live on my phone.
Like you have the ICE show up and do these things.
You also have, you know, the left-wing groups that are there, you know, giving people masks to cover their faces, giving people beanies and protesting supplies, whatever.
And what made me realize that was I think there was riots in California and then they had like the van pull up and you had people there handing out bats and like clubs and like weapons.
And I'm like, wait, wait, wait.
Isn't this supposed to be a peaceful protest?
These guys have masks on and they're out there handing things out for people to incite violence.
And this is why it's so horrible to me is like the things I advocate for is like you look at the civil rights movement and the success of the civil rights movement.
You look how peaceful everyone was and the way that things were done with nobility and grace to the point where like if it's on video, like you just see them spraying people and people being peaceful walking down the street singing.
It's very obvious, you know, who's in the right and then who's in the wrong.
But with this, what makes it so heart-wrenching for me is like you have kind of just you got a guy walking down the street basically with a chick or whatever.
And, you know, not to let these things blow out of proportion.
I also see people taking positions where they're like, well, now the cops are out there just to kill American citizens.
Like, again, I've talked about this before.
There's a thing called availability bias, availability heuristic, right?
And it says this: when you see a specific piece of information in front of you and you see it over and over again, you take that as fact that that is the real thing that is happening around, right?
So if I see a video of a plane falling out of the sky and I see a couple of those, then I think, well, flying.
I better not get on a plane.
Whereas statistically, you're less likely to die on a plane crash than to die in a car accident.
And I've seen him commentate on this and give his opinion.
I want to hear what he has to say.
He's not here in the waiting room yet.
He should be soon, like 10 minutes or whatever.
Ultimately, like a lot of people, like you were saying, that are like traditional, you call them like right wing or whatever, like recognize this is horrible.
Right.
And I think it's just being ideologically consistent.
Yeah, I've seen the full clip and he's like, Trump can end this now by getting them out, like getting them all out.
Like he's asking for ICE to be gone basically.
Now, here's my nuanced perspective on this.
Going back to the Trump tweet, we don't have to go back to it, but I can just quote it from what I've seen.
He says, or maybe I can't now.
I'm having a brain fart.
Excuse me, one second here.
He says, like, where are the police that are supposed to be protecting the ICE officers, blah, blah, blah.
They're not there.
So I don't know about protecting the ICE officers, maybe protecting the citizens, maybe, maybe being out there on the street to make sure that things like this don't happen.
But at the end of the day, they're not there for a reason.
Yes, we're going to talk about future projects, maybe future collaborations, what he's got going on with his new show, what he's got going on, future projects.
It's going to be very exciting.
I think he's getting plugged in right now to the Matrix.
But on top of that, so on Tuesday, I'm filling in on WBAP, which is one of the oldest radio stations in Dallas.
And they're giving me a shot to potentially be their 9 a.m. to 11 a.m. host.
And yeah, but this is the problem.
This is the problem, guys, is in this conservative world, Tucker is going to call in.
I don't know if that's going to hurt me or help me because everybody's such a pussy in this day and age.
You know what I mean?
Like, you don't even know who's good and who's bad, even if they agree with you, 90% of your political ideology.
So it's like, I'm kind of feel like I'm in a minefield.
Then I'm going to have, I was thinking about having MTG call in.
They might hate that if MTG calls in.
So I'm kind of like in this moral conundrum.
Who do I have call in?
One of my best friends, George Santos, gay, you know, that is what it is.
Are they going to like it if I have George Santos call in?
So I feel like I just don't know how to navigate in these current, this current political party that we have because everybody says they're conservative.
But really and truly, conservatives go after conservatives more than leftists go after conservatives.
Well, real quick, she, she is somebody you don't want to mess with.
She blocked me because, you know, I called her out for not calling out Tom Alexandrovich, the Israeli spy.
You know, I think they call him cybersecurity director that got caught in Las Vegas, you know, trying to diddle a kid.
And you know what I just did?
I just paid $600 to the Henderson County Police Department for the body cam footage.
And I'm about to get that.
And, you know, I'm going to post that.
I'm about to post that body cam footage.
And I'm probably going to get hated on for doing that.
They're going to go, you know, say that I'm an anti-Semite for posting a pedophile trying to pick up a kid all because that pedophile happens to work for Benjamin Nett and Yahoo.
So, you know, it's just like I said, these are rough waters that we're trying to navigate, and you cannot please everybody.
So, in my mind, I'm just like, maybe I should just try to please no one.
Yeah, I think that's where we're at too, kind of trying to be original and real and just kind of talk to each other and not follow kind of like a Chud script, whether that's left or right.
I mean, you're breaking news here right now, man.
It's like, this is a big deal.
This is a big case.
This is a guy in Vegas who tried to, you know, do the Chris Hansen thing and, you know, fan of the playground.
He gets, you know, first class, first class flight right back to Israel.
And now he gets to do all of his court hearings over Zoom, which, I mean, I guess technically he's probably being held to the same standard as these other people in Las Vegas.
But I would think if he is a cybersecurity director, why are we not hearing this on every single media outlet?
If it was the opposite, if he was, you know, the sultan of Brunei, if he, you know, lived in Saudi Arabia or Qatar, imagine the guys from Qatar, how much Laura Loomer would be talking about it.
Every fucking tweet would be about this guy and would be about how Tucker Carlson went to Qatar and they harbored pedophiles.
But when you look at Israel, which I love, God bless Israel, the greatest country on earth, our biggest ally.
Let's not go against them.
They're so good.
But God forbid, we call out a pedophile from their country.
I got my sponsored out pouches in, but I just took them out.
I'm just saying I'm frustrated with where we're going because it's obvious that the midterms are not going to go in our direction.
And you know what?
I don't try to like, you know, this left-right diatribe is all macho man Randy Savage versus Hulk Hogan.
It's all an illusion.
It's all BS because really at the end of the day, we have all these conservative politicians still voting to bring in illegal immigrants, still voting to cut off our cars with an automatic kill switch for the next pandemic.
And then, you know, this is what really frustrates me is that the first shooting happens when it comes to the ICE shooting versus Renee Good.
And I was saying, and it was a very unpopular opinion, the guy didn't even get knocked off his feet.
He was recording on a cell phone and was still able to blow her brains out.
So I didn't think the guy was really in danger just from watching him.
But all of a sudden, I'm the bad guy for saying that.
And now we look at this.
We got seven guys versus one.
And yes, he may have had a gun, but having a gun is not a death sentence.
And yet, you know, they blow his brains out, shoot him 10 times in the street.
And this is the real, not the micro picture, but the big macro picture is they want this to happen because they want to cause us to fight.
They want to, you know, radicalize all the people to create the next new chop.
They love this.
It's the same playbook that happened when Barack Obama happened with Ferguson.
So he liked it too.
It's happening, you know, in 2016 through 2020 when it came to the pandemic.
And I can just see this.
It doesn't take a smart person to see that this is what the people, the social engineers, they want this.
And it makes me so sick that we're all falling for this just easy trap.
And then, you know, guys, you know, I'm so radicalized now.
I would argue this, and I would argue the greatest debater, I don't care.
I believe the legal immigration is absolutely worse than the illegal immigration because if some, you know, I always joke around I want amnesty for big booty Latinas, but in a real scenario, if you're a Mexican that wants to come to Dallas, Texas, and get on a roof in 200 degree sunlight and build a roof, that's not really a big deal.
But when you're an Indian using these H-1B visas that these corporations are incentivized because they get tax breaks, they get to, you know, hire these cheap laborers to give them real jobs.
You're taking jobs from kids that just got out of college and paid $100,000 for a computer science college degree that are getting taken by guys that lied on their resume.
And if you look it up, Indians are most likely to lie on a job resume, most likely to lie on a school application.
And even Mindy Kaling's brother from the office wrote a book about how he put that he was black in order to get into medical school.
So these Indians, and I'm not, well, maybe I am a little anti-Indian.
I don't know if anybody should be using cow shit.
But what I'm saying is these Indians through legal immigration are able to mess up the system more than these Mexicans that come over here with a coyote and a drug mule.
So I'm just, I'm just really frustrated with the whole idea that the illegal immigrants are the worst while we have legal immigration that I think is actually causing more problems to legal immigrants, you know, legal Americans like us.
I mean, it's never popular because like I still, I still stand behind the fact that like we can't kick out every single person that's legal.
What I don't like is when you have an organization that goes and games the system where you put the same guy in 10 times into the lottery in order to get him in.
And somebody's like, they're purposely taking, let's say, a guy who's going to make 80,000 and slotting him in there.
I don't agree with those things, but there are legitimate, like, I know a bunch of people who are legitimately like went to America to get a degree, learn, because we're taking the smartest people from these regions as well.
Not the ones where they're coming directly from India and they're being like outsourced where they didn't come here to America to learn.
The ones that are here to learn fill in a knowledge gap to a certain extent because we have some gaps in our education.
People will not agree with me on that.
People will fight me on that.
But like, I always think it's like you got to be careful what we ask for when it comes to like people like shut it all down.
And then we don't know what the implications of shutting it all down.
But listen, you know, Tamman, I'm not trying to call you naive because I know you're a young man, but you know, in Texas, we're not a sanctuary city.
So you know what ICE is doing in Texas?
They go to the federal court building, they go to the state courts, they go to the city courts, and they arrest the illegal immigrants at the courthouse.
But because these sanctuary cities want people to be fighting, they want this to happen in Minneapolis.
That basically, you know, it just totally screws up the whole idea that we could deport these people.
But really and truly, if we wanted to deport these people, it would be so easy.
You know, I was in the car business for a long time.
And if you're a Mexican and you have a passport, I can sell you a car.
I can get it registered in your name, even if you're an illegal citizen with just the passport ID number.
So my point is, Texas just passed a law where we're not going to register cars to illegal immigrants.
It's that simple.
They can't get a bank.
They can't rent an apartment.
We make it in this technical, we live in a technocracy.
Everybody has some sort of digital footprint.
You can make it where these people can't operate here just through our technology, but instead they want to blow people's brains out.
And if we talk about the people that are getting killed, they're American citizens, which I'm against.
So there's better ways to do this.
There's different ways to skin a cat, and they're choosing the most retarded way, in my opinion.
Ultimately, if the government has like a gazillion dollars and they can fund programs to do whatever they want and start all these wars, why can't they execute immigration enforcement properly instead of getting retards and training them for 40 days and then being like, go out there, you're on a crusade?
Like, you know, that's what I think it comes from.
Well, Rex, a perfect example is, you know, I keep on talking about my business experience, but you know, my dad's a bail bondsman.
I'm a licensed bail bondsman.
That's our family business.
And let me tell you something.
If you and I went to jail for manslaughter or something and we tried to run, eventually they will always catch us.
But if you're an illegal immigrant, they can get away easier.
So actually, the system is skewed towards us being more persecuted than the illegal immigrants.
So like everything is ass backwards, but it's not an accident.
They purposely do that.
And that's why I do not like ICE.
I don't want ICE on my street.
I don't want the FBI on my street.
I don't want any federal authority on my streets because just 13 months ago, the FBI was using a third of their resources to go after MAGA grannies that stormed the Capitol.
So I just do not trust the federal government.
I don't trust the state government either, but I definitely don't trust the federal government.
And I just see all these people on the right side like, oh, we love it.
ICE, like ice, ice, baby.
It's like, shut the fuck up, dude.
ICE will fuck you over for not getting the vaccine during the next pandemic.
Like, why can't people see this?
I just do not understand, I guess, the density that some of these people have in their brain.
And this is what I think is really going on, if you want to say the 5D chess, because, you know, there's a time in QAnon, yeah, it's, you know, a little retarded, this and that.
But when I say trust the plan, I think the plan is for Donald Trump to get impeached so that they can put in JD Vance and then they can run him as the incumbent.
And then they can get eight years with JD Vance.
So I just really do not trust the people that are surrounding Trump.
I think Trump actually is probably a pretty good guy, but he's hired these people like Pam Bondi, that is, you know, a blonde-headed, you know, bimbo that probably can't even count to 100 if you ask her, that's writing strongly worded letters with mean emojis.
Like the people, the people surrounding him are all retards.
I think he's just a little bit senile these days where like he's been through so much hell and back from the Biden administration that he's just like, you know what?
Well, that is part of the deal because definitely Trump is in the club.
But I would argue that the club, you know, we talk about the deep state.
There's different factions of the deep state that don't like each other, right?
Like the George Bush deep state doesn't like the Hillary Clinton deep state and the Hillary Clinton deep state doesn't like the Trump deep state.
So I think there's different actors that actually don't like each other.
But when it comes to Trump, a perfect example for me is it's like, you know how the NFL, these guys, they finally get that contract after their rookie year, and then they just lay it down.
They just suck.
Donald Trump won his last election.
So to him, you know, what does he really have to prove?
He won the election.
He's going to, you know, he won.
He won.
So it doesn't really matter what happens while he is president.
And I hate to say that.
It's kind of like the guy that signs a big contract.
It doesn't really matter your stats because you have a $72 million contract for five years.
It's guaranteed.
And he's guaranteed for four years.
But when you really look at it, I think there's a big possibility that after we get killed in these midterms, which is inevitable, they're going to try to take out Trump.
And it's going to be the humiliation ritual that the auto-pinned Biden president went through just a few months ago.
Yeah, I think what's going to happen is, yes, he even said he's like, if we lose the midterm elections, they're going to try to impeach me.
I don't think he's going to get actually impeached because even when the Democrats had a majority and were trying that in the previous time that he was in the White House, they couldn't do it, right?
Like there are several times at which they've tried this strategy.
I think he just doesn't even want to deal with the bullcrap of like actually going through all that again to where you've got to go through like the legal proceedings and all of the voting and stuff like that.
It just slows his mental down.
And I think that's what they're going to do regardless.
Like if you've got a bunch of Democrats, they're going to be like, look, we probably know he can't get impeached because most Republicans won't get fully behind this, but we can distract him enough to the point where we make him pay for everything that he's done to create this chaos.
If anybody should have gotten impeached, I think it should have been the guy that was cheating on his wife with his intern because, you know, this Me Too stuff.
And I know that was before the Me Too era.
But I think there was enough evidence to impeach Bill Clinton, and they still didn't do it.
So the impeachment process is kind of just like, you know, bread and circus.
It's just meant to distract us from actually solving the problems.
Like you said earlier, we have an affordability crisis.
People can't even afford homes.
People can't afford groceries.
People can't afford to support their kids.
So that's why no white people were having kids.
And then how do they solve that problem?
They import 1,000 Indians or 600,000 Chinese people.
So like, it's just, we have a serious, serious issue.
And, you know, Donald, excuse me, Tucker Carlson, my biological stepfather, said a great replacement theory.
You know, he gets crushed for that.
But that's real.
They are trying to replace us.
Like, I will go to my grave saying that.
And I have all the evidence by just watching what has happened over the last 30 years of my life.
But I'm just worried that Tim is trying to, I guess, double down and please his new base.
When in reality, Tim was much more popular when he was more moderate.
So that's my only criticism when it comes to Tim is that there was a time where he wasn't this right-wing MAGA guy.
And that's when he had the most viewers.
So I would like it if Tim would actually kind of go, you know, more towards that direction instead of just doubling down on this conservative administration.
Because, guys, JD Vance wins or Gavin Newsom wins.
It's all going to flip.
It's all going to, you know, it's all bullshit at the end of the day.
Literally, it's a uniparty.
These people go in Congress, they all vote together.
So it's like, why are we going to say, it's like I'm a Dallas Cowboys fan.
I love the Dallas Cowboys.
But when they suck for the past 30 years, I call them out.
That's the problem is all these MAGA supporters, they're too pussy to actually, you know, call out when Donald Trump makes a mistake.
But Rex, that's what's happening because all these guys, when they lose, they don't care.
They all go to Cancun.
It doesn't matter.
And then on top of that, I keep on using these sports analogies.
The NFL is rigged.
Guys, look it up.
They've caught college teams shaving points.
The NFL, I think this guy made this great video.
What he did was he went through controversial calls.
And usually how that works is like it's a call that is made by the referee.
That's a judgment call.
And before online sports betting 2017, in the last playoff games where it came to judgment calls that, you know, caused the winner and loser of the game, there were 10 of them and five went to the underdog and five went to the favored team.
Since 2017, since online gambling, because Vegas wins more money by the favored team winning, now it's gone from 70% those judgment calls go to the favored team.
So it just proves that these refs are rigging the game.
They all have an earpiece that goes to New York where they can tell them, you know, how to call it.
Was it a catch?
Was it not a catch?
So the NFL is rigged.
But even though it's rigged, I know professional wrestling's fake.
And I still loved watching Stone Cold Steve Austin, Austin Smash Beers, and I still like The Rock.
So you can still enjoy it, but you have to realize that they're just trying to steal our positive vibrational energy.
They're trying to keep us in this kind of like negative, low vibrational energy by cheering on our team, then watching them lose because there's 32 NFL teams and only one team wins the Super Bowl.
So that means 99% of the fans are going to be sad at the end of every single football year.
And they love that.
They get to repeat it every year.
Bam, bam, bam.
99% of the fans are going to just eat shit while a very small percentage actually gets to be happy.
And even the team that wins, even when your team wins the Super Bowl, the season starts in four months.
So you get to enjoy it for what, three or four months and you're the Super Bowl champions.
Well, I mean, it sounds a lot like American politics to me.
And that's kind of the point that we were making.
We were talking about Tim Poole.
I might even talk about my dad.
A lot of these people, it seems to be, at least to me, in my perception, I could be wrong subjectively, that it's a lot of boomer worship, man.
It's a lot of getting the boomer, getting the boomer engaged, getting the boomer excited, getting the boomer mad, whatever, because those people have money.
And one of the things of why we started this show is because Rex and I come from a completely different generation than most of the people who are at the spearhead of this.
Besides, like, you've got Fuentes out there and a couple of young guys.
But like, for the most part, most of the people out there that have most of the megaphone voices are part of a different generation.
And for us, we realized, you know what?
Most people are like somewhere in the middle.
Like we've created all these buckets.
And you're right.
When Tim Poole was like more moderate and towards the center, that was when he had his platform.
But I think Nick knows that the more polarizing you are, the more that your fan base will like you and the more that the left will hate you or whatever you want to call the people that hate him because there's a lot of people on the right that hate him.
So I guess he's doubling down on the polarization of his personality.
But like you look at guys like, you know, for example, we just talked about your dad.
I love your dad because your dad was the guy that woke me up to 9-11.
So this is where I get frustrated is left versus right.
Tower 7 is the only steel structured building to ever collapse from office fires.
Is Donald Trump ever going to investigate 9-11?
No.
Is anybody ever going to give us any answers on 9-11?
And some people are going to disagree.
Now they're sending the Artemis mission to the moon.
I don't believe that we landed in the moon with 1969 technology.
Is anybody ever going to hold NASA accountable for lying about that?
No.
So for me, I don't want to get blackpilled because Dan Bongino is going to block me on Twitter if that's the case.
It's like, if we really, if we really actually wanted the truth, there's easy instances like the Oklahoma City bombing.
We look at Jeffrey Epstein, look at 9-11.
We could just easily expose our government, our Mossad, CIA, all of these, serious, even the FBI was involved in 9-11.
They were able to find a couple of passports, but they weren't able to find the black boxes.
So it's like, we're worrying about ICE stuff when we know that the government lied about 9-11 and they went and killed a million Muslim people in six different countries that they destabilized.
The last country that they didn't destabilize from the Project for a New American Century, that's Iran.
And guess what?
Iran is coming up.
So what I hope happens with Iran is I hope the Ayatollah just kind of surrenders himself and we don't have to go there and blow a bunch of people up because it's looking like you see Ben Shapiro, the guy's basically cranking it under his desk just to the thought of blowing up Iran.
So, you know, I'm not saying that I support Iran or I like Iran, but I'm anti-war and I just don't like seeing bombs dropped on people and people getting killed indiscriminately, whether it's in Minneapolis or, you know, Tehran, Iran.
And then Rex, you're young enough to remember, but they told us, like, even Tucker, who I love, they have weapons of mass destruction.
We have to go stop it or else they're going to bomb us.
They have weapons of mass destruction.
And even when Trump bombed Iran the first time, oh, they have nuclear weapons.
But now the narrative is that, oh, we need to go stop Iran because they're genociding their own people.
It's like, okay, how easy are we to just get bamboozled by the government?
Is anybody ever going to just like ask a question, maybe hold our politicians accountable?
But no, no, they're not.
They're just going to go, oh, I'm a conservative.
I love when a liberal gets shot.
I love when the left gets taken out.
Like, everybody is so retarded.
And I think the pandemic, now you just saw the, I think it was the World Health Organization said it was basically a test.
I knew it was a test.
And guess what?
The sad thing is the next pandemic, the virus is going to kill people.
And now people like me that are anti-government, anti-vax are going to be the ones that actually die from the virus because we don't trust the government.
So it was all a test.
We failed that test.
We failed the COVID test.
So I do not have any, I don't have any hope when it comes to trusting our side actually fighting it back against the persecution from our government.
I think, you know, at a certain point, I thought the left went kind of wild.
And it's like the right became the new left in certain aspects to me to where, like, on the left, I didn't subscribe to like, you know, transgender stuff being taught in schools and people changing their genitals at the age of like five or like just wild, crazy stuff that happened during those four years and just like letting people come in, X, Y, and Z.
But now I look at the right and everything that they're doing and I'm like, damn, they just became like around he found like, yeah, because there were liberals, like you get the LA type person that's like, you know, Biden could do no wrong.
And they're like, back him to the hill.
And, you know, we should fight for these particular things.
And there's no common sense with their objectives or what they're talking about.
And now, as somebody who's sitting here watching, I'm like, dude, the right is just guilty of the same stuff.
I love that so much because both, you know, you said all those cliches, you know, the left wing and the right wing are on the same bird, which is true.
And so neither one of these parties truly represents us.
You know, you guys got like Dan Crenshaw, who just wants to vote for more war and more destruction.
Ted Cruz, who wants the same thing.
Lindsey Graham.
Lindsey Graham belongs in jail.
Lindsey Graham is a homosexual that wants to kill people indiscriminately for no reason, strangers that he doesn't know, all because he wants to suck on the dick of call boys or whatever, you know, male prostitutes in Washington, D.C.
And you know that they have a dossier of Lindsey Graham sucking 10 guys' dicks.
And they go, Lindsey, do you want us to release this dossier?
All you have to do is say that you want to kill all these people with more bombs in Iran, and then we won't release a dossier.
So what does Lindsey Graham do?
He says, I want more war, not less.
And guess what?
The people of South Carolina somehow are so retarded enough, they keep voting his dumbass in.
So that's why I don't want to be blackpilled because the people that are your age are starting to realize that, man, this is not a winning formula.
Well, no, hey, but Tim, let me catch you up, though.
And I'm not saying this because I'm unk or whatever, but every election is fake.
And I thought now I'm starting to realize even 2016 when Donald Trump had the underdog win against Hillary Clinton.
That was a plan.
They had to let Trump win.
They probably rigged it for Trump so that they could put in the pandemic.
Then they rigged it probably the other way for Biden.
And then believe it or not, they probably rigged it for Trump this way because they knew Trump was more empathetic to some countries in the Middle East than maybe Kamala Harris and Joe Biden was.
Because if you look at Josh Shapiro, who was just on CBS, did you guys see this where Josh Shapiro said they questioned him and they asked him if he was a Mossad agent or if he was a spy for Israel?
And he said, of course not, but I do talk to spies.
I'm the attorney general.
So it just kind of looks like one side is more empathetic to a country in the Middle East.
And I think Donald Trump is.
So I would say that every election from here on out, you know, considering even the past elections, are going to be fake.
So I wouldn't be surprised if JD Vance wins, the Palantir president.
You're going to have all these MAGA people like, oh, I'm so happy we have a digital currency.
I'm so happy we have a social credit score so we can kick them Mexicans out of here, even though they're going to be the ones that shut off your car for not getting the vaccine.
So that's why it's like, wake up, brother.
Wake up.
The government sucks, dick.
They don't have our best interests.
If they did, why aren't cancer treatments free?
Why isn't, you know, insulin free?
If they give us a vaccine, oh, it's for your health.
Everybody on this chat, if you guys are really awake, there's a bunch of great documentaries that look at Hiroshima, Nagasaki, and you can kind of look at the other places that were bombing during World War II, especially in Japan, especially.
We didn't send a nuclear weapon.
Nukes to me are fake.
Even Trump dropped the Moab, mother of all bombs.
It's called like the M-O-A-B or, you know, has some technical term, but that's kind of the slang for it.
I believe nuclear weapons are fake.
Why do you say that, Alex?
Of course we have big bombs.
This is why, because they can use a nuclear weapon to start a war with Iran.
They can use a nuclear weapon to start a war with Libya.
They can say, oh, they have nuclear weapons.
Yet, if Israel really had a nuclear weapon, wouldn't they have dropped it by now?
You see them shutting down all these nuclear power plants.
I want you to look into it.
Nuclear energy is one of the cleanest energy sources that we have.
Look into that.
But they shut that down because that's more fear-mongering.
Oh, it's nuclear.
It's bad.
I'm just telling you, what they tell us about nuclear shit is fake.
It's false.
I don't give a damn.
I'm not a scientist.
I'm just telling you, you do not need to live in fear of a nuclear bomb.
You guys are a lot younger, but when I went to school in my history class, they said, Alex, we got enough nuclear bombs to blow up the earth 10 times over.
I don't give a damn if we blew up every nuclear bomb that exists, every nuclear bomb.
The earth is going to survive.
That's all bullshit.
And they tell it to us like it's a fact when it's just not true.
Do you think that they could blow up the earth?
Do you think that they could actually blow up the earth, Tim?
What I'm saying is they got more desert to blow up all these bombs, but they're still so retarded they're going to blow the bomb up next to somebody.
It's like this.
This is what the government did.
A person donated their mom to science.
And what did the military do?
Did you see this where a person, their mom, they donated their body.
They thought they were donating their organs in the military about the body and blew up the body.
They don't give a shit.
They'll blow up people all the time.
They'll kill their own people.
Let me just, like, my favorite person, and this is, you guys are too young.
I keep on acting like an ageist, and I apologize because I'm going to die before you, which is very sad.
But there's a guy by the name of Pat Tillman.
Pat Tillman, white, free safety, one of the greatest football players at Arizona State University, got drafted by the Arizona Cardinals, just signed a $42 million contract.
And this was in 2001 when that was a huge contract.
He said, you know what I'm going to do?
I'm going to go after 9-11.
I'm going to go serve for my country.
Became an Army Ranger.
And guess how he died?
He died.
Friendly fire.
But you know what's funny?
When you ask his wife about it, they say that's pretty peculiar because the letters that he was writing his wife is that there's no clear objective in the war on terror and that he was starting to kind of, you know, feel like this is a waste.
So you know what they do is they kill Pat Tillman, an all-star football player, Pro Bowl football player that dedicated his life to our country just to stop him from going and doing a media tour when he stopped serving our country and basically exposing the whole racket.
So just trust me, Tim, when I tell you that we are being lied to about everything.
There's a documentary and they basically explain Hiroshima Nagasaki.
The fish, if they dropped all these nuclear weapons, why isn't there an uptick in cancer?
I mean, it just, there's a lot of stuff that they tell us that is not true.
And I think nuclear weapons is a way to manipulate us and to scare us into thinking that, oh, man, we need to go kill a million Muslims in the Middle East because one of them might get a nuclear weapon and blow up New York City, which will never happen.
Iran will never send a nuclear weapon in our lifetime to New York City.
They'll never send a nuclear weapon to West Palm Beach.
They'll never send a nuclear weapon to Dallas, Texas.
But you'll have people like Lindsey Grant that says, well, they got weapons of mass destruction.
We better go in there.
Yeah, bull shit, dude.
Bull shit.
And then we go back to 9-11.
This is why I'm so radicalized.
When you look at 9-11, we literally, it was 19 hijackers from Saudi Arabia, but then we wouldn't destabilize Afghanistan.
We wouldn't destabilize all these other countries, but we're the biggest allies with Saudi Arabia.
So it doesn't make any sense.
If you want to actually get the guys that actually blew up the Twin Towers, why didn't we start a war with Saudi Arabia?
When they died, you got to, well, there's plenty of people that were eyewitnesses that went through the experience, Japanese people specifically, that talked about everything that were there on the ground.
It would be different like the moon where you're, where like you have some plausible deniability.
Well, Tim, real quick, well, let me catch you off.
You know that the flowers and the trains were running the next day in both Hiroshima and Nagasaki.
So it was so bad.
And go look it up.
Right now, type in your producer, type in Hiroshima, Nagasaki.
There was multiple buildings.
There was a couple of churches that didn't get messed up at all.
Type in right now, church in Hiroshima, not damaged.
I want you, somebody pull it up.
And I want anybody that's watching this that doesn't believe me, type in Hiroshima footage and type in church because that's the one that goes viral.
And everybody's like, that's the passion of Christ protecting that church.
Or maybe they lied about the nuclear weapon that they dropped and it was all just firebombs and they just dropped a bunch of firebombs and blew up a city that is all made of wood that a bunch of it caught on fire.
The difference was right after that circumstance and for a while after that, the radiation, radiation has a certain lifespan.
It drops drastically over a certain amount of time in which the area becomes no longer radioactive after some months to a certain extent, except for the ground zero site.
That's like the high level I can give to you.
When it comes to the radiation part, it's real because you had all of the people that were in the surrounding areas dying of cancer.
We're doing all these things because they said, look, okay, now I have to cut in one more time.
Did you know that if you look at Pearl Harbor, we knew that they were going to attack Pearl Harbor.
We were able to intercept all of their messages.
And that was, you know, this Holocaust was so bad, yet we didn't start and get involved in it until Pearl Harbor.
So it's just, in my mind, it's like, well, why didn't we stop Pearl Harbor?
Why didn't we stop that?
We basically let them do that so that we would go in there and get involved in this war.
It's like there's different factions of people within our own government right now that disagree with other factions, right?
So there was probably a faction of our government, the deep state back then, that wanted us to let Pearl Harbor get attacked so we would go start this war.
There's probably a lot of people like you and me, the citizens, that didn't like that.
And if you can't see that, it's like it's all a lie.
I think that the bomb of Hiroshima and Nagasaki was one of these like political issues in which they wanted to test the bomb itself and see the impact.
There's there's stuff.
There's enough evidence for that to say like they wanted to see the damage of it.
And when Truman saw the damage of it, he's like, damn, I made a major mistake when doing that.
And they have transcripts of him talking about it.
Another one, and this is another conspiracy, Tim, look this up.
The golden dome, all bullshit, too.
Every time they throw up a thing, that's all fireworks.
That's all bullshit.
I know a lot of people are going to get mad.
What are you talking about?
That's why they want more money from America.
Like they got a golden dome just going to shoot bombs or just going to blow up.
That's all bullshit, too.
I'm just, the majority of what the military tells us is bullshit.
I just, I know you and I are going to, we can disagree to disagree, but trust me, they lie about so much shit.
This is how you know that they lie.
The Boeing 737 MAX 8 jet, the newest Boeing plane that is a commercial plane that, you know, Southwest uses a lot of these airlines uses.
Guess what?
They were falling out of the sky.
As a matter of fact, the 737, the older ones, the 737,700, the 737,800 were better than the newer planes.
So if I was just, if we're just going to really, you know, compare apples to apples, they give us the impression, and I know you're Mr. Engineer, so you probably think that humans have evolved and we're the smartest we've ever been.
I would argue that we are more retarded in that the people that built the pyramids, the people before us, our ancestors were actually much smarter than we are today.
I think there's knowledge that has been lost over generations in which humans had more capacity to do things in which we stopped teaching those things and playing them out over time to where each generation knew how the previous generation actually operated.
You know, if you type in, I want Mr. Andrew, your producer, to type this in.
I don't know if it's the third or second leading cause of death.
I think heart attacks is one.
And guess what the second or third one is?
Medical errors, doctor errors.
So we have the most advanced doctors in the world, the most advanced medical equipment.
But the reason that the majority of people are dying is from doctors messing up.
You can fact check me on that.
Over 200,000 deaths this past year were because doctors messed up.
So if these people are so smart, if we're so smart, we got all these good engineers.
Why are these doctors accidentally killing everybody?
Yet if you look at a long time ago, people that are having homeopathic medicine, before the Rothschilds and Rockefellers started using these petroleum-based medicines, we lived longer.
We were more healthy.
So it's like, I just see the future.
There's going to be a time where everybody's going to be, if we lived long enough, everybody's going to be transgender and we're going to be one race.
And we're probably going to be living, you know, intubated in some sort of metaverse.
So I'm just like, I just get frustrated because everybody's like, we're so much smarter.
We got all this science.
It's all bullshit.
We are dumber.
We are more retarded today than we were a thousand years ago or maybe even 2,000 years ago.
I think that when I go to these city council meetings or when I go and I call out a politician, actually, I'm just doing like, I'm, I'm not even, how do I explain it?
I'm not even trying to be talented.
I'm just trying to be myself.
And that's the problem is that we are not living unapologetically ourselves or trying to fit in too much.
And if I can encourage anybody, especially the young people, we need to live unapologetically ourselves.
And that's why your dad, if any complaint, not that I would ever complain about your dad, is like, now there was a time when your dad didn't care about the perception of anybody.
You know, your dad was the ultimate renegade.
And if anything, I would say that your dad's trying to fit in a little more because now he has more clout.
Now he's a little more powerful.
And I have the same problem.
I'm not calling your dad out where I'm, there's certain things I don't speak out about.
Turning point or this and that because, you know, it causes me problems.
But the real smart guy, the real badass is a guy that doesn't give a shit about anything.
And that was probably me when I first started.
That was your dad when you first started.
But then, you know, you get some success, you get some following.
And then all of a sudden there are some unwritten rules that you don't want to follow, but you kind of have to follow in order to kind of keep the success that you built earlier.
So it's, it's a vicious cycle.
The more successful you get, I would argue, the most, the more disingenuous you get.
Not that I'm calling you or your dad, you know, disingenuous or myself disingenuous.
There's just certain rules that you have to start following that I don't want to follow.
There's a lot of stuff I'd like to say right now that I just can't because I would get immediately canceled.
And that sucks, but there was a time when I could say that because nothing mattered.
So that's why it's like, it's a weird thing.
The bigger you get, the more you basically have to follow the rules.
Like someone like Tim Poole, I think he's become more powerful.
He's become more successful.
He's become more connected.
So therefore, he wants to keep that gravy train kind of going.
That's how I view the situation.
With my dad, I would say my dad is less powerful, less influential than he's ever been because of the lawsuits, because of the deplatforming, because of everything that's been done to him.
We have vehement disagreements a lot of the time, you know, so we're able to come together on things because ultimately it's like, hey, I don't hate you.
And one of the weirdest one of the weirdest things I've ever seen on Rabbi Shmuley's Twitter, one of the most bizarre things is he's at this like airport, right?
And like this six foot five Ethiopian guy comes over to him and knows who he is and is like, I'm the real Jew.
That if you were to say something about the Prophet Muhammad, you'd have like a bunch of people cancel you and a big conglomerate of people like try to do stuff.
Like these people, no matter where you're going to go, like if you say certain things about any particular group who is in some sort of position of power, they're going to check you, right?
Like, I can't do certain things when it comes to Christianity.
Like, there's a white Anglo-Saxon that controls like the United States for the most part, right?
Like, I can't just go around and say some wild, outlandish stuff about Christians, even though they're a little bit more tolerant in certain aspects.
But like, little Nas X had this like blood shoes where he was putting blood inside of like the shoe off like in two seconds, right?
And then he got checked for that.
And then he pretty much, so it's like, I mean, you can single out the Jewish people, whatever, but like I'm saying on a macro level argument, no matter where you go, you're gonna find the fuck around and find out depending on what you say, depending on where you're at.
That's well, I'm not even trying to talk about Israel, but I'm just talking about Michael Jackson.
Is it just that's an isolated incident that he was attacked because, you know, and the way he died, he was murdered by Conrad Murray.
They're making him do a lot of stuff.
It's just very peculiar in his instance.
Yes, if I went after Muhammad, you know, they could come and shoot me.
There's a lot of people that you could go after that they would come after you.
I'm not, I'm not saying it's just one group, but I'm talking about in essence, or I guess my point is, it was just very, it's just a weird coincidence that Michael Jackson talked about that.
And then he's best friends with Rabbi Shmueli.
And then Rabbi Shmuley is not the best representation of Israel.
He's not the best Jew to have on your side, I guess I would argue.
So maybe they, maybe they link him up with Rabbi Shmueli just to make him seem more anti-Semitic, just to make him, you know, because Michael Jackson was the greatest pop star of all time.
You guys are too young to remember him.
Everybody loved Michael Jackson.
It didn't matter if you're white, black, Hispanic.
Everybody loved him.
And so when somebody has that much power, when somebody is that talented, when somebody is that good, perfect example, Alex Jones, when somebody is that good, he has that loyal of a die-hard fan base.
They have to pull up some fake bullshit to cancel you.
So that's my point when it comes to Michael Jackson.
And that's why they had, that's why they can't have any of us have power.
Look at Nick Funtes.
I'm saying, as soon as he gets power, they go after just anybody gets power.
That's why when you said that, oh, you should have a billion followers, Rex.
I love that and I appreciate that, but I don't even want a billion followers because then they're going to come after me.
They're going to, you know, use my, you know, hack it on my webcam and then post my dick pics all over the internet or something.
Or they get a honeypot to come in here.
And, you know, it's just, you don't want to be too big because if you get more power than the system, that is a death sentence.
Just personally, selfishly, I would like to have a bunch of money and I would like to have an animal rescue center.
And I would like it one day when I died, I'd like there to be the Alex Stein animal rescue, you know, non-kill shelter.
If I could just, you know, have anything I wanted.
So I guess I just want my legacy to be that I was anti-war, that I didn't want anybody to die.
Even if they're a Libtar that voted for Joe Biden, I believe that they deserve to live just as much as a MAGA conservative.
So I would just like my legacy to be that I didn't want people to die.
I want less violence.
I want more people to laugh.
I want more people to have fun.
And that's kind of what I do.
And that's like what I realized.
My formula is when I was starting my podcast.
I worked for a reality show called Cheaters for a long time and I was a producer on that show.
And then the host died of a fit and all her dose.
His name is Clark Gable.
He was a son of the actual Clark Gable from Gone with a Wind.
His name is Andrew Gable, but they called him Clark because, you know, the name recognition.
And they said, Alex, you're going to be the next host after he died.
And I was like in this really kind of this moral, like, you know, it was a tough spot to be in because I just lost a guy that I really liked.
He was one of my best friends, but I was so excited to start this show.
And then right when they decided to start filming again after hiatus, after the 17th season, they said, we're going to go with a black guy by the name of Peter Guns, who's a rapper.
He had a couple one-hit wonders.
He's an okay guy.
And they said, Alex, you can keep your job as a producer.
And I said, okay, all right.
Well, I'll keep my job as a producer.
And our first meeting, this is with Viacom, which owns CMT, MTV, and VH1.
And they said, guys, we want to change Peter's name to Peter Panky from Peter Guns.
And I'm in the meeting.
I'm like, why do we want to change his name from Peter Guns?
Like, he's not that recognizable.
Why would we want to take away the little bit of recognizable, you know, why would we want to take away the little bit that is recognizable about him?
And they said, you know what?
We don't want to glamorize gun violence.
And so what did I do?
I went and I quit the show and I started my own podcast.
And that's when I started going and, you know, to city council meetings.
That's when I started my podcast.
And that's when I kind of started astroturfing as a leftist.
So I guess my point is, in order to be successful in this world, you almost have to be polarizing.
You almost have to kind of push buttons.
And it sucks that that is the way it has to be.
But that's why I encourage you guys, you know, the gray zone and Tim, I know you're trying, I can already tell from your personality, you're a very smart guy.
You don't want to push buttons.
But I think the only way to actually be successful or get attention in this world, because we have an attention economy, whether we like it or not, attention, look at clavicular, right?
That guy is whatever you want to say about him.
The only reason people care about him is because he has attention.
So we live in attention economy.
In order to get attention, you have to punch yourself in the face and do meth, or you have to go to a city council meeting.
I'm just saying, like, there are people that throw out big numbers and stuff in which it clouds the actual truth.
And that's the whole point of the show is like, there's a lot of slop out there in which like people just facts and figures and things like that.
And, you know, the whole point of the show is to bring less slop to the world, which is why I spend the time doing the deep dives.
Like after we're done here, I'm going to cover why housing in America is so expensive and go through the specifics on the real knowledge, spending hours and hours of deep.
You don't need to do that because we have a bunch of banks that own it that are artificially raising the price of these homes.
If we didn't let corporations buy single-family homes, which Trump now is starting to outlaw, but that should have been from the start.
That's why.
It's because these banks are artificially inflating the price of homes.
Why were our parents not that long ago able to buy a house for $100,000 that is now worth a million dollars?
That's because as soon as we got the corporations involved, and this is what I would argue, I would argue that we actually live in some sort of technocracy fascist state now because the definition of fascism is the merger of corporation and state.
And you and I, if we went to DC and we tried to get some policy passed, we would have no chance to get it passed.
But if you're the oil industry, if you're the milk industry, if you're the cow, whatever industry you're in, that's why they make it where you can't have raw milk.
Think about that.
You and I cannot take milk from a cow's udder and drink it.
That is a crime.
Why is that?
Because the milk industry controls it.
So that to me is fascism.
The reason that we cannot drink raw milk is because we live in a fascist state where the milk company can work with the government and make it illegal to drink raw milk.
So there's a lot, there's a million other examples.
Like we talk about the housing industry.
The fact that we let corporations artificially inflate these home prices is why we have an affordability crisis.
It's not because we don't have enough food.
We have more than enough food.
It's because corporations are greedy and only care about money instead of actually care about feeding people.
So I think there's a lot of instances where we actually live in fascism currently with our model that we live in now.
Raw milk has a lot more probiotics and prebiotics.
See, Mr. Engineer, so smart.
Mr. Engineer, so smart.
Do you even know about the pasteurization process?
What that does to milk?
Do you know anything about that?
You don't know jack shit about that.
Drinking milk from a cow's udder is better than a fucking pasteurized milk.
The pasteurization, you got more blood from the cow's tea.
There's more chemicals involved.
Believe it or not, Mr. Engineer, man, it is healthier to drink raw milk than it is to drink milk that gets touched by a bunch of Indian workers on H-1B visas that are pissing and shitting in the sink where they're pasteurizing it.
And look that up.
That's a that you have a homework assignment after this.
That is your homework assignment, Tim.
Is look up why is raw milk illegal?
Why is raw milk illegal in this country?
And that's because we live in a fascist system where the milk lobbyists can control us and stop us from drinking something that is healthier than the shit that they give us.
How about this, Tim?
Do you think that the healthcare system wants to keep us healthy or do you think they want to keep us perpetually sick?
And, you know, Dan Bongino is going to say we're blackpilled.
We live in the most abundant universe possible.
There is more than enough money.
There's more than enough homes.
We just have to get our vibrational frequency.
And that might sound a little woo-woo.
So that's the real key to all this is that we have to, and I know people are not going to understand this, but I'd like people to look into this.
Is that we live in a very abundant universe, but what we do is we block our frequency with drugs, sex, whatever it is, pills, you know, stress, anxiety.
That actually, if we can vibrate our frequency in cohesion with the universe, that will be more than abundant.
And that's probably why you have a house because you probably are high vibrational and you're probably able to vibrate with the universe.
But I just want people to know this that we're not blackpilled.
It's not, we're not.
The world is more than, there's more than enough.
There's more abundance than you could ever imagine.
And it's your job to go find that abundance.
And as a matter of fact, we're all entitled to it.
It's just, we just kind of keep ourselves in this low vibrational state, this negative vibrational state.
And the blackpilling, if we are blackpilled, if you're constantly blackpilled and you think that you have no hope, you're never going to be able to reach the abundance of the universe.
And that's the whole point of the show: I'm not calling you black pill.
I said it's very easy to get blackpilled with all of the media and content that's out there.
And the whole point is in order to shine a light on the things so that way you are more knowledgeable and feel like there's something in your control.
Because at the end of the day, they're going to vote in whoever they're going to vote in.
There's going to be people in power that make certain decisions.
But at the same time, you know what to look out for rather than it just being a headline of housing is unaffordable.
You know, these are the things.
Like you got to understand, like we talked about pricing on this show.
Like people don't know that there's dynamic pricing that comes in.
And like the average consumer doesn't realize the algorithm is tracking how they're spending.
So then some people get bunched in.
And you know what happened?
The Instacart had to take that off because enough people brought it to light to talk about it, including us, and shedding it to where they had to roll that back from a corporation perspective.
So, I mean, that's what you kind of have to do.
It's like we're all talking and everybody's just in this talking space, but it's like, okay, what do you bring to the table besides just saying the headlines?
Well, I'll tell you guys, all you have to do is just join DraftKings and just gamble.
Or if you're a woman, you have a vagina, just join OnlyFans.
And that's what that, that's what the world tells us, right?
All you got to do is online gamble or do OnlyFans and you'll be really successful.
So, but you know, we make a joke, but young people basically, those are their only two options.
That is literally what people think.
There's people that work nine to five jobs that are making 60 grand a year that think, well, you know what?
If I go on DraftKings enough, maybe I'll be able to go on vacation twice a year.
And if there's girls that come from, you know, a home where they might not have had a strong dad, they're like, well, I don't, you know, I don't have any, I don't want to be a maid.
I don't want to be a receptionist.
I don't want to be, you know, working at a retail job.
Let me show my vagina.
So it's just like, we're very screwed because that is what that is, our system pushes people to do these things that are only going to make society worse.
So I guess my point would be, I would try to encourage people to go against whatever they're trying to make you do.
I mean, the thing I was going to ask you, and the thing I guess we'll wrap with, this is what I was really excited about to have you on.
I mean, you're a guy.
You're working at the Blaze for like three years.
You were there doing your grind, doing your thing.
I thought it was a phenomenal show.
I was honored to be on two episodes of it and I go and re-watch those sometimes.
I think it was really, really cool.
It was very cool to go see the house that Glenn Beck built, as you put it.
But now going forward as a true independent media, I guess, I hate the term, but content creator.
I know I've talked to you in private about some of these things.
I know you've got some big plans for this year, both with your show and then other big shows you might be working on, maybe something with a tank and something with a fish, maybe.
Well, yeah, you know, Sam Hyde is a very good friend of mine.
I'm just lucky to be friends with Sam.
And yeah, you know, I'm working with Fish Tank, but, you know, I got a show on Real America's Voice.
You know, that's the same network that Charlie's show is still going on.
You know, that's a topic I don't want to get into tonight.
But, you know, I talk about getting emotional.
So I got the RAV show that's supposed to start February 2nd.
And then I was telling you earlier, this week I'm filling in at WBAP.
It's one of the, it's the second oldest radio station in all of Texas.
It's been running for over 100 years.
And it's a conservative station.
And that's kind of what I started this interview with is that I'm having Marjorie call in.
I think I'm going to have Tucker call in.
And I'm actually worried.
I'm like, you know, it's a conservative station, but are these people like not, you know, because Marjorie's, you know, controversial and Tucker's controversial, like, does that not fit into the mainstream conservatism that a radio network, you know, Cumulus Media, which is actually the biggest conglomerate of radio stations in the country.
So it's like, that's where I'm kind of worried.
So I have a lot of stuff.
I have a lot of options going on.
You know, I'm excited for the future, but I'll tell you this much.
There was no time actually of my life that I liked when I kind of missed the days when I was doing the conspiracy castle when I could go yell at AOC and it didn't matter.
Like you guys have to realize, like, what is it saying?
You don't realize you're in the good times, you know, when you're in them.
You know, we don't have enough gratitude.
And I'm not saying my life is bad, but I have all these opportunities, but they're kind of bringing more stress.
I'm like, I'm about to go on this radio station.
Am I going to, am I going to piss the wrong person off by not being conservative enough?
The one point I wanted to make when y'all were having a discussion about people being smarter, people being dumber throughout time, I would say life is skill acquisition.
Of course, life is worshiping God before anything else, but life is skill acquisition.
And the more distractions you have available just at your fingertips, whether it's the computer, the video game, the music, whatever, ultimately, I think that's led to a lot of the societal degradation that we see today.
And what I like about media now is you have people doing a lot more work than they used to do.
You have people going live for longer.
You have people doing bigger shows.
Got people doing stuff in the streets.
I love it.
I love the man on the street stuff because it's real hard to fake that.
And I mean, dude, that's what I see in you: that real raw talent and ability to actually go talk to people.
And that's what people, you know, empathize and really believe in now because people just, when you're talking, you're, when you're yapping, when you got, you know, like a MAGA sponsorship or whatever, or a liberal sponsorship or whatever, ultimately, people are sick of the party politic.
And guys, last thing I'll say is that we live in a world where, and I'm not trying to keep bringing up your dad, but as soon as you become successful like your dad, you know, that's when the deep state comes after you.
Even like Donald Trump, you know, you can say maybe he's part of the deep state, but the people come after him.
So I guess we need to have gratitude, even when we're not on top, even when we're not the number one guy.
We just need to have gratitude.
And that's why I just want to say I'm thankful to even be friends with you.
I'm thankful to say that I can't believe I'm, you know, best buzz with Alex Jones' son.
I can't believe that.
I can't believe I get to say that.
And I just, I say that because I want to have gratitude for that instead of just thinking, well, I'm the pimp on a blimp.
I'm friends with anybody's son, but that's not how it goes.
I'm so thankful, Rex, to call you friends, call you a friend.
And I'm so thankful to anybody that watches my content and the kindness that you showed me.
And Tim, you got a bright future.
It looks like you're a landlord.
You are really a black Hebrew Israelite, obviously.
You are Jewish.
And God bless you.
And you're welcome to come to Israel with me anytime you want.
Because I skipped the end of that game, not that I even cared.
I was like, I'd rather talk to my friends, but I'm just more curious of, you know, I played high school football with Matt Stafford was my quarterback, the quarterback for the LA Rams.
He's made over $420 million.
And look at his contract.
This year, he made $44 million in California and had to pay $26 million in taxes.
Ooh, the Rams lost.
Damn, Matt.
That's not good for Matt.
But look up Matt, made $44 million and paid $26 million in federal and state taxes this year.
I wanted the app a little bit more, but y'all had a great dialogue and I was happy to see it because, really, like, that's getting to experience the show, right?
Because on the show, really, like, we have debate, discussion.
Sometimes we can even maybe call it an argument about things, but that is the nature of the show.
The show is not just one narrative where it's like, oh, we agree to agree on everything.
That's exactly what my argument was towards the end of that whole thing.
The whole point of the show, why I do the deep dive, is it's very easy to say, hey, you know, housing is just super unaffordable.
You know, there's nothing we can do about it.
Well, the whole point of why I'm doing this deep dive, and I'm going to explain to you guys, I spent hours.
When I say I spent hours, I spent like at least 10 hours worth of research to find out the specifics, fact-checking, making sure that all my bases are covered when I give you guys this content.
So we've been told this entire time that it's the BlackRock and the Vanguard and the corporations that are buying up with the housing.
I also believe that at a certain point.
But then sometimes that's just the headlines and we don't go into the specifics.
The problem is a lot more nuanced and it comes down to supply and demand as well.
So in a second here, we're going to do a little cutscene.
We're going to go actually deep dive time.
You guys don't want to go anywhere.
Every single Sunday, this is how it goes.
I'm sure there's a lot of people in the chat watching, never seen this before.
We try to have phenomenal guests on Sundays, and then afterwards, I give a deep dive on a specific topic to give you guys information on things that affect you as well as things that you need to know internationally to understand the reality of these situations.
And like you'll notice, like, you know, I know Alex has the position of like, you know, you should probably be sometimes a little bit more polarizing, which is fine.
That's other people's friends.
That's how they want it.
But like for me personally, in my soul, I'm like, I'm going to even challenge my own beliefs because that is the whole reason why society is able to move forward is because of the fact that we're able to bring different ideas across the table and that not one side just controls the narrative.
Like, I could sit there, scream off the top of my lungs, and I don't even have a big enough platform to talk about things in general that I could just be like, oh, well, the sky is just dark today.
I got to learn about the things that I can't do or achieve.
Often this is the key.
This is the key.
Often the reason why somebody is doing better than you is because there is a knowledge gap.
They know something that you don't know.
That is plain and simple.
Everything comes down to information.
And if there's anything that you can gain from this show is information, that way you can arm yourself to be better and know what to do and how to protect yourself.
And we think about this, and everyone, we kind of get lost in the sauce when it comes to America and time because America is both a very young country, but it's a country that's also had a lot of things happen.
Like every decade, something crazy happens, even though the time periods were like, oh, nothing happened under Clinton, whatever.
Well, NAFTA, you know, Yugoslavia, all these things that we forget about.
But I mean, looking at this, Tim, what is your analysis?
We're just random Joe Schmoz just doing a real simple podcast talk show, and we're giving more value than the guy who's out there supposed to be making the rules and trying to help you out to get to be able to afford a house.
You know, remember, we did a deep dive on Reaganomics, right?
Where at a certain point, companies, they were, as the productivity increases, they were giving that money back to the person that created that productivity.
At some point, things transitioned somewhere around the 1980s, in which you saw corporations starting to, instead of giving that money back to the person, they started doing things like stock buybacks, where that money that they made in profit goes back to buying their stock and making it go up higher.
I mean, you look at all those like really cool, like Japanese, Korean, even Chinese cars and trucks that they just don't allow over here because it would mess up the profit model, right?
Because what people actually, hey, I could spend 20 grand and I could get a Toyota Helix and ride around in it for 10, 15 years and be totally fine.
No, no, no, you're going to buy the fully loaded F-150 with the touchscreen and the Siri bot and all of it.
Well, you know, part of it is also as a society, we've gotten comfortable, Rex.
Like in existence in the 50s to where we knew like a certain amount of struggle, definitely in the 1700s, being with no AC, I'd be like, damn, I can't do it.
Most people are like, I'm not going to subject myself to 100-degree weather where I'm sweating my ass off.
But all of those upgrades where these are bare minimum cost money.
So the house can never go back to the price that it was because of the fact that the amenities that we require now are increased.
So you're talking about, you know, back then, you know, most of these things never get mentioned.
And also the lots of land which they built these houses on were smaller.
And, you know, one of the things that you got to understand also is that a lot of these cities, right, most of the land was near cities, but they weren't built yet.
So when you go to like, let's say 1910 and let's say you're in Boston at that time period, Boston isn't the same sprawling, or we'll take a better example.
And I want to piggyback on that because it's what I've seen my entire life.
So like I've grown up here in Austin.
I've lived everywhere in Austin or around Austin.
I've lived downtown, Lake Travis, West Lake, Dripping Springs, South Central, Southside.
I've literally basically been everywhere here except for like, you know, like Bass Drop.
I haven't lived out there.
And what I've seen over just the course of my life, being 23 years old, over the course of my life, is they build these massive housing complexes where it's like a company buys massive piece of land.
And oh, houses, you know, it's a great deal.
Just a 300 grand house, 400 grand house.
There are no budget deals for people.
There is no single developer that you can go pay.
If you're getting forced into a community because you got to move somewhere to work or whatever, you're just going to take whatever option is readily available to you.
I know for a fact that those houses are dirt cheap.
But then there's also nothing happening in Kansas to the extent that there's things happening here in Dallas and Austin and it's fun and there's outdoor activities.
So what that happened, what happens is, is you have more amenities within a city and you've had most of that land developed.
It becomes more expensive to build housing in a place that has already been built out.
That becomes a supply demand issue.
And there's more people that want to live in Austin than there are going to want to live in Kansas.
That's also what's going to drive up prices as well.
You know, all my Kansas folks watching, you know, sucks.
But I had to leave that place at a certain point because there wasn't a whole lot of like business transactions and people and the things that I wanted to do.
Then we also have to take another thing into account, population rec.
So this is part of the issue also with homes, right?
Everyone talks about a starter home.
My mom and my dad bought a starter home.
It was probably less than 1,400 square feet, but that was back in the 90s.
Okay.
Now, if the average home is bigger, because people need more space and that's what they demand.
Also, if it's also the fact that the builder has to make money, building that starter smaller home with all those amenities is not profitable for the builder.
So they have almost no choice but to build bigger homes.
If you want smaller, then you have to scale back on some of the things.
And some people might not be happy with those things.
So now with that being said, and you're talking about, you know, the fact that like, okay, you got to concentrate it around major cities, job centers, and now you've ended up with more people chasing the land with the same high-demand areas.
Now you're looking at it from, you know, people don't want to live in the middle of nowhere, like I said.
So now that starter homes have disappeared and the collapse of that has gone from 40% to 9%.
Another thing that we have to look on is zoning, right?
Because when a builder actually builds a house, it's not just like he can just go out there and just prop up whatever he wants.
He has to get permits to build a specific type of building within that area because we've created rules and regulations.
The reason why on certain aspects of why you need permits is because let's say somebody wants to build a skyscraper in the middle of this cul-de-sac.
It causes a bunch of issues where you can flood the other houses.
So you have zoning rules and you have permits, but a lot of the permits have created enough red tape that it's made housing more expensive.
Permits alone add 25%, 25% to the housing cost.
And if you're talking about specific regions like California, which have the worst of this permitting and zoning, it is no wonder a house in California costs so much now to build and house versus it was back then, because back in the day, California didn't have as many rules and regulations in the 50s as it does today.
Now they want EPA laws and environmental this and environmental that, and you can't build this specific thing and it has to be this big.
Let's go ahead and play this clip of how much of a nightmare it is to build a house in California.
All right, now, in terms of home prices, zoning, and the worst housing shortage from the entire United States, let's talk about California.
See, in many large California cities, a lot of the zoning requirement is dictated by parking.
So if you want to go and build a brand new 600 square foot unit, you also have to supply an additional 300 square feet for that resident to park their car.
But if they go below ground, that costs a lot of money.
So either way, that needs to be figured into the cost of the overall unit and eventually the price that you pay.
This also isn't including all the other requirements like a minimum lot size, a minimum amount of open planted space, or a minimum amount of common space.
And all of a sudden, building a 600 square foot apartment is now costing you the equivalent of building 1,100 square feet with everything else that you have to add onto it.
And of course, they have the charge, like you're buying or renting 1,100 square feet.
You also have this completely backwards permit system that creates indefinite delays, where to run plumbing, you have to get a permit for that.
But before you could get that permit, you have to go to a different department to get a permit to dig a trench.
But to get that permit, you have to go to a different department to be able to start the work after an environmental review.
Oh, and you also risk getting denied for a permit at every single step, at which point you have to resubmit and start over again from the back of the line.
unidentified
Even for me, I spent over $200,000 building out a 720 square foot unit.
I paid over $10,000 in city fees and permit filings.
But then they charged me another $20,000 to fix a sewer line, which required me to go and get a permit from Urban Forestry to trim the city-owned tree roots.
Getting these permits, by the way, could take hours, days, weeks, months.
You have no idea.
They could be denied at any point where you have to start the process over again.
Yeah, man.
Permits.
There's so much that goes into this stuff.
I mean, no matter what it is, this red tape and regulation, they had good intentions when they first started out with a lot of these things, right?
Like it wasn't like they just decided, well, we just got to add a bunch of permits just because we just feel like it.
Some issue came up and they went and they put a patch over it.
And then another issue comes up and then you put another patch over it.
And then pretty soon you've got like all these different patchworks of things that happen to fix issues that came up then and you don't realize it stacks up to create a monster of a situation.
So when you think about housing, you have to take in consideration how much it costs to build that housing.
And with 25% just coming up from just the permitting system and all the problems and going back in, that builder is going to pass the cost down to the consumer.
So now we have to look at the fact of if you're talking about the, if you're talking about the permits and things like that, and it's 25% small homes are hit the hardest, by the way.
And this builders towards in the builders, in order to actually make their money, have to build bigger and more expensive in order to actually make money on the project, like I've said earlier.
Now, let's look at what's happening in construction because that's another thing.
If we're talking about supply and demand, you got to look at how much housing supply there is and how much construction is being built in the states in order to meet the demand.
So if we look at this chart here about construction starts, you're going to see that in the 1965, it was sitting somewhere.
And let's focus on the red line.
This is single family units, somewhere around a million.
And then we increased and increased.
And then we had a peak around 2005.
And then you know what happened?
Andrew, go back.
Sorry.
We're staying on that other chart.
Yeah, stay on this one.
So you see what happened when the massive drop of supply, that was because of 2008 crisis.
So we went from building 1.6 million homes and new family starts down to almost 400,000.
And we're still recovering.
We're getting better because people started complaining about the fact that housing is becoming more unaffordable.
But when you have less houses being built, more people being born, more people getting to an age where they want a house and there's less supply, then that also increases the actual cost of the house, supply and demand.
It's that simple, right?
So now we have to look at not just that.
I mean, the home building collapse, the entry-level construction actually never recovered for the most part.
And the population keeps growing.
So another thing that we have to talk about is COVID because COVID was a very big thing as well.
We know what happened in 2008 and everybody lived through COVID, but COVID was a specific time period from 2020 all the way to 2023.
Houses jumped quicker than they ever have.
And if you're going to look at this other chart, but what really happened there was when COVID hit, the entire supply chain was hit.
So there was material shortages, there was labor shortages, and it cost more money to build a house.
So that's one part of the equation.
And then there was a thing we had called interest rates.
When 2020 happened, interest rates, because of the 08 crisis, the Fed had dropped their interest rates super low to where getting an interest rate, you could get an interest rate for almost like 1% if you had really good credit, 2%.
Now, Andrew, pull up this next chart because this is a really important chart for people to understand.
So if you look at this chart here, it's going to show you that over 80% of people have below a 6%.
And even below the 4%, 53% have below a 4% rate.
And that is because getting an interest rate during that time period was super easy.
You know, props to whoever bought a house in 2021, like you did the right thing.
Look, you got lucky.
You won the lottery.
If you could buy a house at 2%.
Yeah.
But what ends up happening is that now it creates a lock-in effect.
Are you going to go and give your 2% rate away for 7% of where it's at right now?
So then what we have is called the golden handcuffs, in which you have all these people who have below 6% and you've got all these people who even have below 4% and they're not moving.
So inventory freezes, causing another issue, even less supply.
And people are just going out there.
You know, during 2022 or 2021, when the rates were so low, it actually incentivized people because they realized it wasn't going to last forever to go out and actually buy a house and get a super low rate and lock it in before it even could go away.
And what that ended up causing was competition.
So then you had literally people paying over asking price because there was like 10 bids on one house because somebody wanted to go and live in this particular house.
And again, the sellers realize, well, I can make money here.
I can charge more because there's 10 people looking for this house.
And then what ends up happening is as you sell a house and you sell multiple houses in a neighborhood, people use that as a comparable price for what the other houses have to go for.
So then you get all the houses in that area.
You can't have a house that's half a million that just sold down the street and then say this other one's worth 250.
That's not how it works.
We price homes accordingly to what the market is in its demand.
So then all the rest of the houses that even weren't sold now get valued at around that $400,000 mark.
It's like I look at it from the perspective of like, I'm making good money.
I'm running my business.
I'm doing whatever.
I'm still at a point to where like the thought of getting a loan where you have like six, seven or eight percent on like a quarter or half a million dollars, something's just unreasonable.
I just wouldn't do that.
It's more expensive to buy a home and pay for it over time than it is to start a small business.
Like to be honest, if I didn't go out and buy a house just for the fact that somebody else was going to go pay the mortgage for investment, I would never buy a house for myself because it's too expensive for me to just pay the mortgage and live out of one house without having a family or a real reason to have a house of that size.
Right.
So one thing that we have to cover, because this is the thing that's been spilled out all across the news, Trump has said it.
I hear all these politicians talking about do BlackRock and Vanguard and all these other countries, I mean, all these other companies, are they the reason why housing prices are going up?
And I'm literally going to debunk this right now and show you guys a bunch of stats for you guys to digest.
You can sit there, you can argue, you can say, oh, it's not true.
This is fake.
Well, there's more probable cause for this to be right than somebody just reading a headline.
This is not the first time that this is happening.
Definitely not the first time.
So, fact check: do private equity farms own 20% of single-family homes?
This is what people have been touting.
20% is a big number.
And I'll explain where that 20% is coming from.
The answer is no.
Large institutional investors defined as owning over 100 homes and which includes private equity firms own 3%, 3% of single-family homes rental stock nationwide, according to Brookings.
And Brookings is a very big conglomerate that actually measures these things and has to measure these things because it's important to know where the supply is going.
This share is higher than some of the local markets in the 20 metropolitan statistical areas in which investors are most present.
They own 12.4%.
There are areas where there are people having more higher share that does exist, but they own still less than that 20% being reported.
So now the Urban Institute similarly finds that just they own 3.8% of nationwide of single-family rental stock.
Considering other purchases rather than holdings, investors, those buying non-primary residencies, bought nearly 20% of all homes sold in the first quarter of 2025.
However, most of those purchases are likely by small-time investors, those who own less than five properties, as they own 85% of own residential properties.
And there has been extensive research.
Okay.
We've covered the 3%.
Let's go to the next chart.
This is a very important one as well.
Okay.
This chart here is going to show you the breakdown of investors and what percentages own what of the people buying the houses.
Okay.
So out of the 100% of investors, you're going to see 80% are small mom and pop investors who basically own less than five properties.
I am technically part of this 80%.
I don't own 100 properties, right?
I'm part of that 80% where like I just wanted to go out and buy a house because I thought it was a good investment.
And that's the thing that a lot of people were talking about.
It's real estate.
Yeah, real estate.
That is a big thing that has happened in society where you've got people who have made a ton of money back in 2014 and 2015 or even 2010.
And they're making all this cash flow and then they're making YouTube videos and they're like, you could be just like me.
And it became cool to invest in real estate.
Just remember that, guys.
Like a lot of mom and pop means like just people who were just regular average.
Yeah, exactly.
And then you can see 3% is institutional, 3% is national.
And then you've got 14% that are regional investors, which are like people who are bigger than mom and pop, but like own different assets in different cities within like a state, right?
So of this percentage, right?
We're saying 80% is small mom and pop.
Let's just see who owns the houses in general in the United States.
We try to make light of it, but it really does suck, right?
Like even at the highest level of investor shares, you've got Maine, Montana, Alaska, and Hawaii, which are like sitting somewhere around 30, 26 to 30%, right?
Like that's a lot.
Like that means that houses in those regions are being owned by investors, but then that doesn't cover the rest of the United States where you've got Connecticut, my hometown, shout out, where only 10% of investors are owning the houses, which means that 90% are owned by people who have already bought and are owner occupied, living inside of that house.
Okay.
So this is why I cover this, guys.
I'm not sitting here trying to be like, let's defend the big man and let's let these corporations buy us up and buy.
All I'm trying to do is give you the truth.
I'm trying to expose where the reality is.
And it's very easy to just have talking points.
I could sit on here for two hours and tell you that the man up top and these big corporations are the ones that, ooh, what's just happening?
That these, the man up top and these corporations are the reason why we are struggling with housing.
But I can't.
I can't honestly sit here and tell you that's the reality of the situation.
You already saw the numbers, guys.
It's 20% is all investors.
And of that is 3%.
You do the math.
That doesn't mean that all the housing is being done by that.
It's really what I'm getting at is this is a very big supply and demand issue.
This doesn't just concern housing.
This is with everything.
You want Taylor Swift tickets?
Best be sure if you buy those when they're already all bought, you're going to be paying like 20 grand for that.
Super Bowl tickets.
There's a lot of people that want to go to Super Bowl.
You spend a lot of money to go to the Super Bowl because everybody wants those tickets.
It sucks, but like that is the way that society is functioning.
And we did not meet enough demand in terms of the housing to supply that.
And you know what?
Maybe if enough people are like, hey, I'm willing to go move to Wyoming and live in the middle of nowhere so that you guys can be able to afford a cheaper house.
You know, that would be nice, wouldn't it?
That would be very nice.
But I'm not going to be the first one to sign up.
Are you guys?
I certainly am not going to be the first one.
And so it just, it sucks.
But, you know, we're in the situation that we're in.
And so, you know, all of this to be said, COVID just made a bad situation worse.
It didn't create it.
If the supply had kept up, the impact would have been limited.
The prices wouldn't have been able to run up.
And, you know, scarcity isn't just an American problem.
This happens across the world, guys.
This happens across the world.
We're not the only ones dealing.
And this is why I say this show is a global show, because what I'm about to show you is that we're not the only country dealing with this.
And if we're not the only country dealing with this, that means it can't be that it's a whole corporation thing because other countries are having the same problems in which corporations don't have the same pull as American countries.
Andrew, go ahead and queue up this clip talking about international homes here because this is important.
Got to download this one off too, I guess.
Rex will be back shortly.
But, you know, it's just very interesting when I spend time looking into these things.
I thought I knew.
I thought I knew exactly why these things were happening.
And as I researched, the more I realize I know less than I think I do.
And everybody should realize that that is true for themselves as well.
Right.
Maureen says, in my area, this crap started with Hurricane Katrina.
Hurricane Katrina, you're right.
Hurricane Katrina also creates a supply and demand issue.
Houses get destroyed.
They've got to build more houses.
But keep in mind, this is a really big thing.
Those houses were built a really long time ago.
So when you have to replace a house, you have to do it according to current standards.
You can't grandfather the permits.
California is dealing with this thing too.
When all those houses burned in the Palisades, by the way, the amount of money it took to build that house costs like a quarter or half of what it costs today in order to build that same house.
So now that house, somebody's going to go build it, right?
But it's going to cost them instead of like 400,000, it's going to cost them a million or two just to build that same house in the Palisades that burned down.
Now, if a house costs $2 million to build, what do you think it's going to cost in order to actually buy that house?
Somebody's going to make a profit.
Nobody's out here just giving hand-me-outs.
That house is going to cost you at least $3 to $4 million easily.
You know, I'm throwing out ballpark numbers, but the whole thing stands true.
And I know somebody's saying, 2K rent an ATX, that's pretty dear.
How many square feet?
Dude, the reason why people are flocking to Texas and myself included is because it's one of the regions where you can still buy a house.
And that's because the Northeast in California is like the most densely populated parts in the United States.
And Texas still had a lot of room to grow in land.
Like there's, you know, it's crazy, Rex, here.
I see like 20 minutes outside of downtown, there's still land.
People are now realizing, well, if I can't buy a house in New York, I better move to Texas.
And guess what that's going to cause?
It's going to mean that at a certain point, Texas housing prices is going to be just like California was if they run out of land to build those houses.
While conditions vary, most of the 95 cities now fall into the seriously or severely unaffordable categories, meaning a typical home costs more than four to five times what a typical household earns.
Just 30 years ago, nearly all these cities were so you see, Pittsburgh used to be affordable, but now it's not.
And that's because Pittsburgh, like I gave the analogy to Texas, right?
You know, not everybody's like me who's going to want to move all the way out here.
But like, you know, Pennsylvania is pretty much still close enough to the East Coast where it's reasonable for you to move to Pittsburgh to where you can still travel to go back home.
Like most people are not like just going out and buying homes in the East Coast anymore.
Unfortunately, these are affordable markets where you can still buy somewhat of a starter home, afford it, and put somebody in that can afford the rent.
Because keep in mind, you as a rent, as a landlord, have a certain amount that you have to pay towards mortgage.
And you can't go below that.
Otherwise, you're just losing money month after month.
So if your mortgage is a certain amount, that also dictates the amount of rent.
And the bigger a house you get or the more expensive that house is, the higher the rent needs to be.
Families delay having kids, workers turn down better jobs because they can't afford to move, and younger generations lose access to what used to be the cornerstone of middle-class life.
All i'm saying is I don't cover this stuff to make you guys upset or feel like damn you know what.
There's no hope.
The whole point of why i'm even covering this thing is, you're not the only person like experiencing this.
Right, Australians have it worse.
By the way, there's only like certain parts of Australia that like people actually live in.
If you go and pull up a map of Australia and you look at the population, pretty much andrew, can you actually just do that real quick?
Can you just quickly uh, search where most people live in Australia and just see if you can find like a a uh, like a heat map of like how much where, like most of the concentration of people are, because not all these areas like Australia is like almost as big as the United States, if i'm not mistaken, it's a continent, it's a whole continent, but at the same time not all of it is inhabitable, let alone people have actually live in those regions.
Everybody lives along the coastal line because the center is like basically a desert.
So now they even have a worse housing situation because they have even less cities.
Here in the United States we at least have like 50 different cities you could go to where you could kind of get like a decent living, you know, and there they only have probably like 10 or 20.
All right, go ahead and show this map.
This is good.
This is good okay.
Population density, do you know?
There's no one in the middle.
Everybody's living along the coast.
I didn't even have this plan, but this is important and if you look at those heat maps, that's really where the cities, where everybody wants to live.
Again, I told you, no one wants to live in Kansas.
Do you want to live in Kansas?
No hell, no.
So why would somebody want to live in the middle of nowhere?
They're going to want to live near Brisbane.
They're going to want to live near Melbourne.
They're going to live near the, you know Sydney, the big cities where you can actually do business, you can have a good life.
What that means is less houses for more people, and their housing supply is even less than us, and they're dealing with the same issues.
So you know, like I said uh, you know, what this situation actually means is there's.
There's people trying to come up with solutions.
You know we're not the only country dealing with this, but let's go ahead and play the next clip.
You might have to download that one too Andrew, but we'll see if that that clip plays, but there are people trying to address the issue, I mean, everyone's dealing with it.
New Zealand launched a plan called Going for Housing Growth in 2023, which forces major city councils to zone enough land for 30 years of housing demand.
Their goal is simple, make land supply predictable so prices can't spiral out of control.
unidentified
In the US, cities like Minneapolis and states like California have begun loosening single-family zoning.
That means duplexes and small apartment blocks can be built in neighborhoods that once allowed only one house per lot.
So yes, to fix this crisis, we need more homes, but we also need to rethink who's buying them, where they're built, and what kind of economy they're fueling.
Because at its core, it's the same old story.
A tidal wave of money flowing into a handful of assets and drowning the middle and low-income classes in the process.
unidentified
And unless that imbalance changes, no amount of zoning reform or new construction will make homes truly affordable.
The problem, the major problem is, is there's so many problems stacked on top of each other.
And each problem weaves into another situation to where like, again, like the affordability of like people's income is like a separate issue than housing itself.
Like those are two separate issues, but they kind of tie into 100%.
Right.
So like a lot of these issues stack on top of each other and then you don't know who to blame or who to go after.
Right.
And so I'm going to summarize this for you guys so that you guys can anytime somebody asks you about like, what do you think about the housing situation?
You get to point to this deep dive and say that you learned a lot more.
And I'm going to summarize this.
Housing didn't become unaffordable because of one villain.
It became unaffordable because we ran out of buildable land where people actually want to live.
Population has more than doubled and the housing supply has not doubled at that time period.
We stacked regulations on top of each other.
We punished small, we punished small and simple homes.
We flooded the system with cheap money.
And then we locked the market in place because of the fact that we have all these people in these cheap mortgages.
It's a culmination of a bunch of things.
And I'm not here to say that the corporations aren't exacerbating or making the situation worse.
Yeah, I don't want BlackRock going up in one neighborhood and buying up 10 houses, right?
Like, yeah, that will locally create an artificial high for those regions.
And, you know, they really don't have any business owning a single family house when they have so many other things they can invest in, right?
Like the mom and pop is the majority of it, and the whole institutional buying that's something new, by the way.
The only reason why that's existing now is because a lot of other assets are risky right now.
COVID messed up, you guys have no idea.
COVID messed up so many different investment avenues to where we got into a situation where no one knew and experienced it before.
It's a thing like we cover, and it seems to be kind of a root cause.
We do all the deep dives, not really even a root cause, kind of the inverse of that, but it really is that it's a correlation, a coalition of factors, and different things that have happened over times that lead to the outcome that we have today.
And I just really think, like, I think it's been a phenomenal deep dive.
I've really enjoyed it.
I've really learned a lot.
I think it was, it was someone in the chat that made the point of our money not being the same as 1970s money.
And someone else in the chat was like, well, no, it's more expensive here by 30%.
It's like, well, it's thousands of times more expensive because of the inflation at the end of the day.
So every single, well, not even just a role, every single factor that you've mentioned, you're just looking at facts on the ground, the percentage is there.
These statistics don't take into account inflation.
They're not taking inflation into account.
And even if they are, they're not totally doing it because there'd be no way to do that at scale.
But where inflation is tricky is because when the money supply was increased and people had more money to buy back in 2021 because of the COVID STEMIs, that's why they bought more houses.
If the wages were to keep up with the actual housing supply and demand and all that stuff, yeah, it might.
But then also it's very difficult because you saw when COVID, when more people had more money to put towards a down payment, they went and bought more houses, which made it hard.
So it's almost like we're stuck in a feedback loop where it's like, it's very hard unless you were to like people were just like, I don't want to live in a city anymore and I just want to live in the middle of nowhere and you had less demand.
So Tim has taken some time away to reformulate things and to come back.
We're really trying to line it up so that Tuesday, Thursday, and Sunday, you get a phenomenal deep dive, but that takes help, that takes resources.
We've got the phenomenal Andrew on the switching on the controls now.
He's kind of our Jamie.
It's a very cool situation we have for ourselves.
So if you want to see more stuff like this and you want to see more stuff like this soon, because we do the show all the time, you're going to want to follow Truism Tim on X. That's number one.
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Let me tell you right now, no one works harder than Tim when doing this.
I mean, the preparation, all of it, he does these deep dives in the truest meaning of the word.
Tim works really hard, not just on the deep dives, but also trying to get guests on, right?
And a lot of the great guests you've seen come on the show, like Suleiman, who I want to have back on, are because of Tim's legwork and really hard work.
However, it's hard to do stuff like that when you don't have a big account.
I have, you know, a medium-sized account, but that's just off surname merchant name value, whatever.
I hope that a lot of people like what I have to say, but I got a leg up on the competition.
To make the show really grow into what it needs to be, we need your support.
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We do that.
That's whatever.
That's secondary.
The primary thing is making sure our audience is big enough to where we can get these people on.
And now I'll say, if you want a little bit of a lighter side, if you want a little bit of the slop, my goal is to be live every single day.
Tim does the marquee show with me.
We do that Thursday and Sunday.
Eventually we'll be back to Tuesday, Thursday, and Sunday where we'll have the Marquee show.
I am live every single day.
Rex X Gray Area.
It's a different channel.
I've been posting the Gray Area channel, but it will be live on X.
So if you want to catch me, just check out my X profile.
I'm live every day around the same time.
And then what we talk about, what we discuss, it all carries into the bigger shows that we have.
And the goal is, we want this to be a comfortable place where people come chill out, share ideas, really just bond with each other over the shared humanity.
And think of, think about how many phenomenal deep dive, how many phenomenal deep dive suggestions and deep dives we've done that have been viewer and listener based.
I'm 100%.
Phenomenal suggestions we've got.
Let's not forget, we've done 45 episodes of this show so far, and that doesn't even include the ones that we taped.
So, we've been doing this for a while.
It's been an opportunity to get to interact with people and people see us address a topic.
It's what people are asking for.
And that's what the show is: it's like, we're not coming on here to be preachy about some culture war thing that you don't care about.