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March 18, 2025 - Just Informed Talk - Craig James
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Just Informed Talk with Craig James Podcast - 2025-3-18

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Greeley, Loveland, Fort Collins.
I'm Laurence Simonetti and this is the Fox Business Report.
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The truth, it is the middle ground between light and shadow, and it lies between the pit of man's fears and the summit of his knowledge.
This is Just Informed Talk Radio, where we are not ashamed of the gospel, because it is God's power for salvation to everyone who believes.
One thing, I don't know why, it doesn't even matter how hard you try, keep that in mind, I designed this rhyme to explain it to time, all I know.
Time is a valuable thing, watch it fly by as the pendulum swings, watch it count down to the end of the day, the clock takes life away, it's so unreal.
Then look out below, watch the time go right out the window, trying to hold on but you didn't even know, wasted it all just to watch you go.
I kept everything inside and even though I tried, it all fell apart.
Welcome to another Just Informed Talk Radio.
I'm your host, Craig James.
Hope you guys are having a wonderful, wonderful day.
A lot to cover, as usual.
Many huge stories today being a big day, which will go down in the annals of history as when they released the revised cover story for the JFK assassination.
I know.
Maybe I'm too pessimistic about this particular subject, but I have a sneaking suspicion that the unredacted files which are promised to be released today by the Trump administration may not satisfy everyone,
to put it mildly.
Look, I'm hopeful to the extent that I do think any move toward a higher level of transparency is a good thing.
I'm less hopeful in the sense that they're going to just tell us, hey, by the way, we killed a sitting president for X, Y, and Z reasons.
But it was 65 years ago, so get over it.
It was 60 years ago.
Just move along now.
I don't know that that's going to be the case.
You tell me if I'm wrong.
But the announcement made yesterday, Trump saying that today, Tuesday, March 18th, will be the day for the official release of the unredacted JFK files everybody's been talking about for so long.
I've made it clear how I think most of this is going to go, particularly with regard to the Anna Paulina Luna-led House Oversight Committee on Federal Secrets, right?
This, or it's a subcommittee or whatever it is.
I think this is all just a big limited hangout.
You know, let's revamp the cover stories, release a part of the truth that makes the, gives more plausibility to what the official cover story is.
And it's because, look, the cover stories that were made in 1960s, in the 1960s, let's say, and subsequently thereafter, are not holding water today.
There's too much evidence.
There's too many technologies that weren't really even in existence back then to break things down.
It's very difficult to hide things, especially as we go further into the future with the way technology can go and analyze it.
So they have to release these new revamped cover stories, which plug some of the holes and make it so that there is more plausibility to the cover story, as it were.
Now, I could be pleasantly surprised.
Which I don't even know if that would be a pleasant surprise, but it would be a surprise nonetheless if they came out and said yes.
The CIA shot and killed a sitting U.S. president because he refused to comply with their demands, and it was a hostile takeover of our country and the executive office.
By, you know, nefarious forces who wanted war in Vietnam and they wanted, you know, to overthrow Castro and they thought, you know, that it was too dangerous to try to broker and negotiate with Russia on certain terms or whatever it may be.
Whatever their reasoning was, I've heard probably at least a half a dozen or more different explanations as to why JFK was killed by our own government.
Mainly, you know, from the fact that he made some, he was going to make a full disclosure on the aliens, quote-unquote, to, you know, the CIA thought he was too soft on Cuba when they held nuclear weapons on behalf of Russia during the Cuban Missile Crisis,
that they realized that they had to remove him at that point.
And everything in between.
Right?
From this family's connection to the mafia to you name it, basically.
There's a host of different explanations.
One thing we do know, though, with fairly a high level of certainty, is that, you know, it was not a lone gunman.
I think most people have that agreement now, which is, I think, why they're really revising the story.
The ballistics don't make sense.
You know, many people have come forward saying they were involved in that operation.
We've had several people who had direct experience with this here on the show from Lee Harvey Oswald's alleged girlfriend who had kind of direct knowledge of his involvement with the CIA prior to this.
You know, whole fiasco working as a agent, a double agent for the CIA against Russia to James Files' explanation of, you know, his involvement with these sort of skunk work operations and these wet work operations that they were doing at the CIA.
I mean, like...
We all know there's most likely not two, or there wasn't just one gunman.
There was more than one.
Okay?
So, they're going to have to revise this story, I guess.
Now, will they tell us the whole truth?
I don't know.
I don't even know what the whole truth is.
I think that we're kind of shrouded in this conspiracy that never ends.
On purpose, too, by the way.
I mean...
One thing that's a common tactic among these intelligence agencies when they are trying to cover their tracks is to what they would probably describe as flooding the zone, right?
With as many contradicting conspiracy theories as they can, thus discrediting any legitimate endeavors into finding the truth about what actually happened.
Kind of agnostic on it.
I don't know what happened, but I'm pretty sure that what they're telling us is not true.
That's about where I can safely say I have an opinion, and I think most people agree with that at minimum.
They think the official story doesn't make a whole lot of sense, right?
From Lee Harvey Oswald being a lone gunman to...
Then him being killed in cold blood by Jack Ruby, who then goes and dies shortly thereafter from, like, a turbo cancer.
And then his connections to the mafia.
Yeah, I mean, there's a whole lot of...
There's a big reason to be skeptical.
But hey, we'll wait and see what the documents show.
If it's like anything else that they've done lately, it'll just be the confirmation of documents that already exist in the public domain, right?
They'll give us unredacted versions of documents we already have, basically.
So, this was announced yesterday.
Trump was at Kennedy Center there in Washington, D.C. He is the chairman of the board for the Kennedy Center or something to that effect, which is absolutely hilarious.
And he's suggesting all types of reforms.
He went toward the facility and said some interesting things about it.
I'll tell you what those interesting things were when we come back.
Stay tuned.
you're listening to just informed talk radio.
Mama told me.
you Thank you.
Bye. Thank you.
In his well-known devotional, My Upmost for His Highest, Oswald Chambers asks, Are you ready to be offered?
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We're out of trouble.
I never knew there'd come a day When I'd be saying to
you Don't let this good love slip away Now that we know that it's true Don't, don't you know the kind of man I am?
No, say I'll never fall in love again But it's real And the feeling comes shining through I'm so caught up in you Little girl That I never disperse
that I think So caught up in you
Welcome back to Justice Forum Talk Radio.
Your host, Craig James.
And, you know, we're talking about the JFK files that are going to be released today, supposedly.
I'll give you my opinion on it.
I think it stands to reason that what we're going to see is less, you know, of a bombshell and more of a, oh, really?
You know, it's going to be like, hmm, it's not really going to be...
I don't see the full disclosure coming, but, again, if I'm wrong, I'm wrong, and that's fine.
However, Trump was making this announcement yesterday as he was touring the Kennedy Center there in Washington, D.C., which is, I don't know if any of you have ever been to Washington, D.C. I've spent a lot of time there doing this type of work I'm doing now,
you know, attending conferences and attending political stuff and doing other things.
You know...
The Kennedy Center is right there on the Potomac, right next to the Watergate Hotel.
It's a big facility, very nice facility.
And if you know anything about that area, it's, you know, obviously had some renovations and other things done.
Trump toured the facility as now chairman of the board, I think, at the Kennedy Center.
And, you know, he made some interesting observations.
People were pointing out some interesting observations he made.
They spent, I guess, $250 or so million on major renovations to do some things.
And people are saying that it's odd that he's pointing these things out.
So part of his tour of the facility included these remarks he made to the press.
Listen to this.
Thank you very much.
We're here to have our friends.
First board meeting, Kennedy Center, and it's in tremendous disrepair, as is a lot of the rest of our country, most of it because of bad management.
This is a shame what I've watched and witnessed.
They spent a fortune, $250 million, and they built these rooms that nobody's going to use, rooms underground, and I've often wondered what are the big cubes that they have outside?
that block the view.
The cubes with the door in them so that people can get down to rooms
Nobody's going to use.
And it's a shame.
It's a shame.
The other thing is we're going to have a little problem with some people that work here.
We had Lee Greenwood wanted to sing a little song today.
And because of the cost in the union structure, for him to sing a song just for the board, just a board meeting, it was going to cost $30,000.
That doesn't sound too good.
They wanted $30,000 to move a piano.
So you can't have that.
We're going to fix it up.
But it's really emblematic of our country.
But the Kennedy Center, if you look at the columns outside, you look at, I mean, they're supposed to be covered by something, whether it's marble or whatever, granite, they were never covered.
They were painted.
But bringing it to more modern times, a lot of money has been given to it, and the money has not been properly spent.
They built rooms underground with no windows, no nothing.
That will not be used, ever.
You're not going to have people use them.
It's such a waste of money.
Such a terrible waste.
But we'll make it, we'll bring it back.
We'll make it great again.
But it is so much like what I'm witnessing in other places.
We have open borders.
We have men playing in women's sports.
It's all the same thing.
It's all the same mentality and thinking.
So I'm very disappointed when I look around.
Yeah, it's an interesting observation.
People are noting, you know, when Trump says stuff, he doesn't just say it for no reason, right?
A lot of times the media portrays Trump as this bumbling, you know, fool who wanders around and just says these sort of extemporaneous things without any real thought or concern or forethought.
And that couldn't be further from the truth.
We all very well know at this point.
You know, the observations he makes are always very intentional.
And they're always because he has become well-read on a subject and would like to give you his thoughts on it.
And he is actually very restrained, as a matter of fact, which I know people think.
They don't think Trump and restrained really in the same sentence.
But to be honest, from my experience covering his political career from its sort of inception to now, he's always been very careful not to speak on subjects.
That he is not familiar with, right?
He'll tell you, hey, I do not know about this situation.
I need to look into it, and once I look into it, I will give you my informed opinion.
Now, him making these comments about these underground rooms without windows at the Kennedy Center begs some serious questions at minimum for people who understand sort of the implication there.
With regard to what possible uses could these rooms have, a lot of people are saying this might be connected to some kind of operation, illicit operations that Trump uncovered.
Him saying that these rooms will not be used by anyone anymore is sort of an indication that it's ending.
Who knows, right?
Or it could just be nothing.
It could be just another example of waste, fraud, and abuse where They build a bridge to nowhere or an underground room without windows for no reason, right?
Maybe it was a bunker.
I don't know, right?
I'm sure these rooms have official uses and explanations, but it doesn't seem as though Trump is buying into whatever that excuse is or that reasoning is.
And he's making it very clear, you know, that...
It's another example of, at minimum, you know, waste and corruption and abuse of power and fraud that he's going to be putting an end to, and at maximum it could be something even more nefarious.
However, again, this all coinciding with the release of the JFK files I don't think is a coincidence.
You know, timing is everything, as they say.
Trump is, if nothing else, he's got great timing, comedic and otherwise.
So this is going to be an interesting day.
We'll be sure to cover what is released tomorrow, obviously, so that everybody can have a good idea, because I don't think the files are going to come out before this show finishes today, but it may.
I'll keep an eye out for it.
And even then, it's like, you know, how much will we be able to read into it in the first couple hours that they're up?
But I'll give you whatever updates I can as the story develops.
Now, other stories I would like to cover today.
You know, we're having a lot of these protests around the country and a lot of talk about domestic terror, and it's all sort of popped back up.
Well, I guess it never kind of went away, because it's always...
The losing side is accused of domestic terror.
Now, the difference being that, you know, basically there was mountains made out of molehills with regard to MAGA, and there were molehills made into mountains.
Wait, did I do that right?
Or mountains made into molehills.
Yeah.
Whichever way that goes.
You understand what I'm saying, though?
It was sort of the inverse, right?
Where they said that, you know, January 6th was an insurrection, terrorism.
So this one-day event that had very limited ramifications overall as far as its impact, which was amplified by the press, which they created a select committee of, you know, hoaxters and scammers and frauds and treasonous traitors to sit on in Congress,
who then...
Lied about what they found and then destroyed all the evidence in their findings.
You know you have a transparent committee that's really seeking to get after the truth when they take all of the evidence that they find in their investigation and then destroy it after the committee is disbanded.
There's nothing that says transparency more than that, right?
But anyway, they used that event for four years to gaslight the public into thinking that MAGA extremists are terrorists, you know, domestic terrorists, they're coming for you.
And then the inverse for Antifa and BLM and all these left-wing organizations that openly advocate violence, right?
They talk about, hey, we're going to be violent.
It is the ethos from which we believe change happens.
It's the way in which change happens.
You know, by any means necessary, the ends justify the means, so on and so forth.
And they wage a terror campaign across the country.
For four years under Trump, burning down cities, you know, violently extorting populations, committing all kinds of hate crimes.
The only hate crimes they have to frame Republicans and gaslight the public with is, oh, Jussie Smollett, this is MAGA country, boy!
Meanwhile, he's being beat up by two muscle-building Nigerians who he paid, brothers, to stage a hoax so that he could somehow elevate himself into a higher level of...
I don't know what the thought process was there, actually, to be quite honest with you.
To jump into the mind of that maniac would be quite an affair, to say the least.
This is like the weird inverse world we live in.
And now, as Trump's come back, the media, you know, desperately now is pushing this violent rhetoric.
They're doing exactly what they did under the first four years.
They don't have a different tactic or strategy.
All they know is violence.
That's their MO.
That's their, you know, that's how they operate.
Because, you know, when you don't have the moral high ground, when you're not engaged in logic-based reasoning, you're appealing to emotion, you're appealing to the anger and the hatred and all of these other things,
which, again, projection's a funny thing how that works, where they project that all onto us, right?
They're like, you hate migrants.
Like, well, wait.
You mean the people that we're trying to protect from being exploited by these vicious criminal cartels?
The people who come here illegally and then have a much lower standard of life and are exploited by corporations for, you know, cheap labor and slave labor, etc.?
Those people are the ones that we hate?
No, I think you have it wrong.
We actually like those people.
We want them to come here legally if possible.
Or, you know, maybe go back to their home country and fix the problems there.
How about that would be the primary one?
Go to your home country.
Don't flee your country.
Fight for your country.
Make your country great.
We'll make our country great.
You make your country great.
It's not an unreasonable request, and it's also not an inhumane thing to have an expectation of.
Everybody's a refugee.
Everybody's fleeing some persecution.
By that standard, then why even have a border, right?
Why even have laws?
Why even have a country?
Why even have a constitution?
Anyway, the whole projection thing never ends, right, with how they inverse things and then shoot them back at you to say, you're the one!
And I could go down the list.
You hate women.
You don't want to give them reproductive rights.
Oh, you mean murdering unborn children is somehow a right that you have for what reason exactly?
And then so on and so forth.
I could literally go down the whole list, but they have a justification and reason for everything.
And in this way, they are starting up again with the violent, you know, rhetoric that never ends, right?
And these are useful idiots.
I mean, this is a problem that we have to deal with.
But here's an example.
There was a protest outside the White House yesterday with these people.
Let's just listen to how kind and nice they are.
Let's listen.
Get this man out of here now!
But if that doesn't happen, and we're not promoting it for one second...
But if that doesn't happen, there will be violence.
And these people had the opportunity to stop it.
And they didn't!
I don't think they understand what extortion is.
Or maybe they do and just don't care.
It's one or the other.
Because just because you say you're not promoting violence and then everything you said is a threat of extortion...
Under duress, you know, under the threat of violence, you're literally engaging in extortion there.
Like, we're not promoting violence, but there will be violence if you do not capitulate to what we demand.
We will bring violence.
It's like, lady, are you too stupid to understand that you just literally made, you're engaging in extortion under threat of violence?
No, but there will be violence.
I mean, we don't promote it, but there will be.
It's like some semantic loophole they think they've found where they can do it, but then say they're not doing it.
Anyway, it's an interesting world we live in.
I have other examples.
Stay tuned.
You're listening to Just Form Talk Radio.
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Suck a punch, somebody on the sidewalk.
Carjackin'old lady at a red light.
Pull a gun on the owner of a liquor store.
You think it's cool, act a fool if you like.
Cuss out a cop, spit in his face.
Stomp on the flag and light it up.
Yeah, you think it's tough.
Try that in a small town.
See how far you make it down the road.
Welcome back to Just Form Talk Radio.
Your host, Craig James.
And we're talking about this violent resistance, right?
They call themselves the resistance.
You know, sometimes I'm driving around Colorado here in the front range, and, you know, I'll see these people with the bumper stickers all over.
I love it.
Sometimes I can't help but just give them a honk and a wave.
Keep it up!
I don't think they understand that they're walking billboards for Trump.
They're like literally physical embodiments of pushing the moderate, centrist independents into the MAGA camp perpetually.
The person who has the resist.
Bumper sticker that's got all the different, you know, gay flag or whatever, the LGBTQ flag on there.
And, you know, all the different, every letter is a different, you know, cause.
Like, Muslims are in there somehow.
You're like, oh my gosh, do you understand anything about this?
No.
No, they don't.
But that's okay.
Because, again, there's a lady who I see sometimes at the grocery with, you know, her car's all decked out with the Ukraine flag and it's got Trump and Trump's a fascist.
It's like, first of all, you know, you could tell they drew these signs themselves.
And besides the fact that this person's obviously mentally ill and, you know, we wish them the best and we wish they would go get the help they need because, obviously, they're not getting it right now.
It's like a four-year-old drew up these signs, but you know it's like this 60-year-old lady who's like, really angry, like, they're going to read this sign, they're going to change their minds, you know?
Like, as if anybody's stopping to read her, you know, three-paragraphs explanation of why Trump's a fascist and why we should, you know, go and support Ukraine for some...
Unknown reason.
That one is my favorite by far, actually.
Talk about the bizarro world we live in now, where it's like these hardcore left-wing activists have Ukrainian flags, and you're thinking to yourself, okay, so...
The peace-loving beatnik hippies are now, like, hardcore war machine-like supporters.
Like, you need to fund Lockheed Martin so we can send more missiles to Ukraine.
What the hell is wrong with you, you damn conservatives?
You people.
It's like, okay, what?
Wait, huh?
Okay.
But anyway.
I love it.
I love it.
Those people are my favorite.
I absolutely love seeing them in real life.
It's like going to the zoo, you know, and observing them in their own, but not in the zoo.
You're like in their own habitat in the wild.
You know, you see the mountain in their wild element, as it were.
But no, I get a kick out of it.
However, it is going to escalate.
And I know I've said this before, but I'll keep reiterating this, that the violence is going to escalate, not because I want it.
But because they're telling us they're going to do it.
You know?
Like, I just played that clip.
It was some trans soldier protest.
I can't remember.
You know, all the signs are so...
It's like, you see a protest these days, and I'm not going to lie.
I don't even know what these protests are for.
Because, like, they'll start off as, like, this is a protest for women's rights.
And then you have, like...
You know, these giant men in dresses and wigs holding signs saying, like, trans troops want to go kill Russians in Ukraine!
Let us kill the Russians in Ukraine!
It's like, what are you protesting?
I'm so confused here.
It's like, they're protesting everything.
It's just everything.
It's like, I don't even know.
Okay, so anyway.
That protest I just played you the clip of, which I guess I could play again, because it's very short.
And for anybody who's just joining us, I'll just give you a quick update.
Listen to what's said here.
It's just amazing.
Get this man out of here now.
But if that doesn't happen, and we're not promoting it for one second, but if that doesn't happen, there will be violence.
And these people had the opportunity to stop it!
And they didn't!
Yeah, that's right.
If you don't get Trump out of office now, there will be violence.
We're not promoting it.
You know, it reminds me of when the mafia...
These are mob tactics, right?
I don't know if they know they're doing it or if they don't know and they're too stupid.
A lot of things are possible here.
It's like you've got to go on a case-by-case basis because some of these people are absolutely mentally retarded.
And I use that term very delicately.
I don't want to throw that around there, but I'm talking about specifically these people are not there.
But some of them are really criminal.
But it reminds me of the tactic, right?
You know, like, this is what the mob used to do.
And probably still does, to a degree, certain places.
But you have a business.
You're a business owner.
Oh, Luigi, you opened a restaurant.
You're so happy.
Oh, I'm making a pizza.
People love it.
I'm making a pizza for the people.
And Luigi's happy, and he's making a pizza, and everybody's happy, and everybody loves.
And then Luigi one day is in his, you know, in his pizza shop.
And he's making his pizza, and, you know, Tony, Fat Tony walks in.
Right?
Fat Tony is, of course, he's a capo or maybe a lower-level, you know, boss or underboss or something in the local mafia there.
And, you know, Luigi's just, you know, he's making his pizza.
And Fat Tony's, hey, you know, it'd be a shame if, you know, you didn't pay your protection insurance to the boys.
I've got to make sure that your business is safe.
And Luigi's like, oh, my business is safe.
Everybody loves me.
Nobody have a problem with Luigi.
Luigi, make a pizza.
People love a pizza.
People love a pizza.
Nobody wants to hurt Luigi.
Well, I know.
I know, Luigi.
We're not saying anybody wants to hurt you.
We're just saying it would be a shame if you didn't pay us because, you know, there might be some broken windows and some fires.
You know, you never know.
Electrical fires happen often in this area.
If the protection money isn't paid, that is.
But if it is, you know, we'll have the boys come by and make sure the outlets are safe.
You know, it's like that literally, that's the extortion racket.
Poor Luigi's like, oh, no, you know, I just want to make our pizza.
Here, take half of the money from the register.
Please leave me alone.
You know?
That's what these people are doing, alright?
I know that some of you out there got a kick out of that.
Some of you are like, stop with the stupid voices.
I can't help it, guys.
I can't help it.
I have a problem.
But that's okay.
We have a problem together.
Because you're listening to me, right?
No, I'm joking.
I'm joking.
But seriously, that's what it reminds me of.
Oh, it'd be a shame if Trump's not removed, there will be violence.
We're not saying we're going to do it.
But there will be violence.
Mark my words.
Okay.
Well, that's an interesting...
That's an interesting...
That's an interesting turn of events, as they say here in the business.
But...
It goes even further beyond that, okay?
And what do I mean by that?
Well, it's not just the violent protesters outside the White House.
Or the, we don't promote violence, promoting violence protesters, whatever you want to call them.
It also goes to the universities where the radicalization is getting, let's just say, a little bit out of hand.
I found a compilation of a number of different...
What's reported in this video is three different professors from public universities in the state of Virginia who are discussing the takedown of the U.S. through violence.
But, you know, pay thousands of dollars to send your kids to these schools so they can hear this.
I'll play it on the other side of the break.
You're going to want to hear it.
It's quite disturbing.
Stay tuned.
I mean, we're coming back after the break.
I'll read some of the text messages too.
877-536-1360 is the number if you want to call or text.
Love to hear it.
But hey, we're coming back and it's going to be an interesting clip.
Stay tuned.
Stay tuned.
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This is a man's world.
But it wouldn't make nothing.
Nothing. Not a woman or a girl.
a girl.
Not a woman or a girl.
Welcome back to Just Informed Talk Radio.
I'm your host, Craig James.
And, you know, interestingly enough, I was going to play this clip, right?
And I don't even like sharing this stuff because, you know, A, it's obviously very negative, but B, it speaks to a really dark thread that exists, particularly within the education.
system here in the United States, particularly with regard to these liberal universities, but most universities in general.
I don't know.
I'm not a victim.
I don't want to be like, oh, I'm a victim.
Everything's a victim.
But I was definitely affected negatively by the college indoctrination system.
I've made it clear my history.
You know, how I kind of went through my life, kind of sort of apolitical for a long time through, you know, as I grew up in college and in high school, maybe a little more conservative, but kind of always going back and forth,
but never really being too interested.
I was more interested in, you know, the normal things, you know, high school kids are interested in, you know, sports and parties and, you know, friends and that kind of thing.
But then in college, of course, you get a few liberal professors, and the next thing you know, you think you're...
You're 18 years old and you think you know everything, and that's a dangerous combination, is the hubris of youth and then being told that you're validated in your knowledge of everything at that age.
And then I had to get out of college and kind of be in the real world for a little while before I got my head screwed on straight and came to my senses and gave my life to Christ and really...
From that point on, God put me on a path that I'm so thankful for, and each day I wake up a grateful man.
But this is what the kids are being taught today.
Again, this is a group of three different professors from public universities in Virginia talking about taking down the United States with violence.
Listen to this.
In the moment that you grab the gun, like Fanon says, you're no longer oppressed.
You're now free.
How do we teach that in the class?
Just to say that in the class, my students' heads explode, right?
To tell them about violence, you know, as a revolutionary tool, as sometimes a revolutionary essential.
Okay, so let me just break down that first clip, okay?
In that first clip, this is a...
This is, you know, an effeminate looking, I guess, Middle Eastern guy with, you know, telling us about how, again, I mean, I like the Second Amendment stuff, like, hey, grab a gun, right?
That's good.
But then it's like, grab a gun and overthrow the government!
It's like, this is a great thing!
Revolution's wonderful!
Well, I mean...
Revolution to what end, I guess.
I mean, if you're talking about the American Revolution, yeah, that was a great thing, but if you're talking about overthrowing the United States, that's a different beast altogether.
And he's sitting next to a woman, for reference here, another professor, presumably, whose laptop in front of her has a giant sticker on the back of it that says, this machine kills fascists.
Kills fascists.
Okay, let's listen to the next example.
We actually need to crash the U.S. settler state, which has incredible reverberations and literally strangles the tentacles that are reaching into the Israeli state.
So we must stand with the armed resistance and work right now to end this impunity by disrupting the flow of weapons to Zionists.
Because trust, the armed resistance will defeat Zionism if it was open battlefield.
Yeah, I've been humbled since October 7th, particularly being in community with folks.
Particularly when you're someone who has been doing this work, why stop?
This is a profound moment for us, right?
And we need to dig in and go harder.
I think putting our bodies on the line sometimes to protect those who are more vulnerable, right?
To eat tear gas when we should be doing that and not students.
I think that's essential.
We have to struggle to crash things here.
And my students were very, very clear about this.
We have to struggle for Indigenous sovereignty right here on Turtle Island.
Like, there's no way around it, and there's no looking past it at this particular moment.
When that comes time to the university saying, retract that or get fired, I'm confident in myself that I will make that right decision.
That is the point of being a guerrilla scholar.
You know, I'm sure that you've been snitched on to the administration about the content in your courses.
That has been something that has happened for me, and I don't know what our administration is going to do, right?
I know the work that I have been doing.
I know the work that I've committed myself to, and I'm going to continue to do the work, right?
People missed out on the significance of what Hezbollah represented, right?
Of what the Iranian Revolution represented.
And they just fell into the imperialist ideological representation of those movements and forces that were challenging imperialists.
Challenge what the settler state, the settlement of the University of Virginia that we're on, which is still a plantation and has all of its plantation artifice.
Okay, I can't take any more of it.
So, I mean, you're telling me the people who need safe spaces to cry in and emotional support animals because the, you know, The stress of going to class and getting a Starbucks is too much for them.
Are going to stand as an armed resistance against the United States government in their support of whatever side in this conflict in the Middle East.
It's just, it's absurd.
He's like, I love the one professor, he's like, well, if I'm told I have to retract this or lose my job, I will make the right decision when the time comes.
It's like...
Oh, yes.
You are so tough.
This guy must get all his teacher's assistance.
His teaching aides must love him.
He must be very popular at the club, you know, with the newly 21-year-old kids and him like a 37-year-old professor without a wife or any family, you know, just latching on to these kids to,
you know, remain relevant.
I don't know.
I look at it from a very unique perspective, I guess, in that I am not mentally ill, as far as I know.
But, I don't know.
Like, again, it's almost...
If it weren't so dangerous, it would be comical.
It's like a never-ending SNL skit, right, with these people.
Like, the one lady's got...
You know, the emotional support animal.
She's like petting it.
And she's like, we have to be the armed resistance.
It's like, really?
Okay.
We'll see how that goes for you.
Why don't you go try that out and see how it goes.
It's insane.
But then again, look who we're dealing with.
No surprise.
Alright, stay tuned.
back
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There's something happening here.
What it is ain't exactly clear.
There's a man with a gun over there telling me I've got to beware.
I think it's time we stop.
Children, what's that sign?
Everybody look what's going down I'm not going down
Welcome back to this Forum Talk Radio.
I'm your host, Craig James.
And I guess we'll read a couple text messages, because why not, right?
We'll see a couple of these things.
I saw a couple of the funny...
Some of the 720 texted in and said, let's see.
They said, the wife and I saw a Tesla with an anti-Elon bumper sticker.
It seemed to me to be an insurance policy against the car being firebombed.
Yeah.
Yeah, no, I mean, that's 100%.
You know, I think what you've just described is why I think, for instance, now not entirely.
I don't think every business is engaged in this practice, obviously, because a lot of them are ideologically driven.
But that's why I think when you go to a place like, for instance, Pearl Street down in Boulder, every business has basically a rainbow flag in the window.
You know, it's a flag.
It's basically exactly what you described.
It's an insurance policy against having their business destroyed, right?
It's like, again, this is going back to like the extortion mob tactics that we discussed earlier, where you're showing your allegiance.
Even if you're not really ideologically aligned, you're more agnostic perhaps, or disinterested and you just don't care at all, you're going to do it because the consequence of not doing it is more severe than the consequence of doing it in your perception,
in your view, right?
So they put an anti-Elon sticker on their Tesla because, you know...
These people probably have no problem with Elon.
They probably never even thought twice.
They thought, you know, electric car, I'm good, I'm virtue signaling.
I mean, they're caught in the ultimate catch-22, right?
It's like, signal your virtue with an electric car to get back at those MAGA people or, you know, whatever.
Or you just like the speed, right?
Some people like the fast car, the self-driving, whatever it is.
I don't like electric.
I don't think I'll ever drive.
I'm not an electric guy.
I want my car to be run on gas.
Thank you very much.
But the funny thing is that, like I said, it's the same dynamic where they're like, we've got to put this sticker on here.
Otherwise, they're going to do it.
And they can't afford to sell it.
You know, the, the, the, you know, whatever the, the depreciating, the depreciation was when they drove it off the lot is too much for them to, you know, compensate for in the second market, secondary market on Tesla's isn't that great.
Elon, you screwed me again!
Right?
And then, of course, it's the same thing, like I said, and you go down Pearl Street and everybody's got those little, it's either a flag or a sticker, you know, all are welcome here.
All are welcome here.
It's a little chevron with the trans people and then the gay LGBTQ flag above it.
And you're like, I know some of those businesses are only doing that because they don't want to be, you know, persecuted.
And the funny thing is, It's great.
I actually really appreciate when they do that because it tells me which businesses I don't need to go to.
If there's a restaurant or a business that has that flag in the window, I immediately know I'm not giving them my business.
So it's a wonderful indicator for like, okay, I know I'm not going to patronize this business because it has this flag.
It's a very useful tool, actually, for those of us who...
And to do it...
Predominantly because of my spiritual religious belief system.
It precludes me from supporting an establishment that supports such things.
So, they're doing me a favor by putting that flag up front, actually.
Alright, stay tuned.
We've got more to come.
We're coming back for hour two after the break.
We're coming back for hour two after the break.
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From the Weather Center, I'm Bill Banks on 1360 KHNC.
Today, mostly sunny with a high near 74, temperatures falling to around 72 in the afternoon.
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Tonight, mostly clear with a low around 36. Tomorrow, a chance of rain in the afternoon, partly sunny with a high near 59. I'm Bill Banks on the roar of the Rockies.
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Wow.
Welcome back to Just Informed Talk Radio.
It's hour two of the Just Informed Talk Radio show.
You know what that means.
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Okay.
It's hour two.
We have more to cover.
A lot more to cover, as a matter of fact.
To pick up just briefly on where we left off, somebody texted in and said, oh, like wearing masks during COVID, responding to what I was talking about as we went out to the last break, which was what somebody had also texted in about seeing a Tesla with an anti-Trump,
or excuse me, anti-Elon Musk sticker on it.
And they were saying that it was insurance against being firebombed.
And I said that's similar to what I see in some businesses that put these pride flags in their window.
It's basically an insurance policy against, you know, being attacked.
Or it also gives you an out, too.
Like, so say you're...
Business has a window broken or broken into, you can be like, well, they probably just hate LGBTQ people.
It's like that thing I said the other day, you know, where I disagreed with Trump's, you know, bill, executive order about campuses and the anti-Semitic activities, but it reminds me of Uncle Leo from Seinfeld,
where it's like...
You know, the joke that Jerry makes about his uncle in that show is, well, you know, my uncle Leo thinks everyone's an anti-Semite, right?
Because, you know, if his soup's cold, the chef must be an anti-Semite.
Or if the laundry, you know, if he doesn't get his dry cleaning back, the dry cleaner must be an anti-Semite.
Everyone's an anti-Semite.
It's like you have probably those people out there, too, who, you know, use this as some sort of way to...
Experience victimhood.
A lot of it is, and I've seen this and heard it sort of explained and described, but I've also seen it myself, is there are people out there who, because they're not a part of these preferred...
Classes of minorities, right, which are elevated in this hierarchy that exists on the left, you know, the hierarchy of grievances or victimhood, whatever, victimization, they have a hierarchical system that they follow where it's like,
you know, a black gay trans woman is like higher than just a regular black gay guy.
But a white gay guy is below the black gay guy.
You know what I mean?
Like, they have the hierarchy which they follow.
It's like your level of victimhood is dependent on how many boxes you check within this sort of weird, convoluted system of grievance-based, you know, lifestyles, right?
Victimhood, victim status, right?
So that's the way I see it.
But the person who texted it, it's like wearing masks during COVID.
Yes, similarly, I guess.
Except it's slightly different.
I mean, it is and it isn't.
Because the mask thing was more like mask formation psychosis, but it was to a degree.
It's like a lot of people just complied with the mask thing because they didn't want to be affected negatively.
They just wanted to get along with their life.
They just wanted to, you know, not be harassed.
I, on the other hand, you know...
Took the hard route and, you know, refused to wear a mask and had suffered many consequences because I lived in California during the height of the pandemic.
And let me tell you what, there were grocery stores that wouldn't let you in, stores that wouldn't let you in, doctor's offices wouldn't let you in.
But I told him, I said, no, I won't wear the mask.
It sucked.
It really did.
But, you know, we all choose our battles, right?
Anyway.
Finally, somebody texted in from the 970 and said, do you know why Tammy Garcia has been on the radio for a couple weeks?
I do, to the extent that I know that they are no longer with the station.
That's the extent to which I know what, and everything else, I'll leave that for them to respond to, or whoever wants to respond to it.
I don't get into the business of the station as far as that goes.
But, yeah, no, they're not here anymore.
Anywho, many other stories to cover here that I think are very interesting and most definitely worth covering.
One of the stories that I'm fascinated by that I really want to dive deep into here today is this story that goes along with a clip that I have.
But we'll get into that on the other side of the break.
Because it talks about AI and what the future is going to look like.
And it kind of is a confirmation of some of my predictions, but goes beyond what I've even been able to predict.
However, one story we can cover here quickly in the meantime before the next break, since we only have a minute or two before it, is this story about Donald Trump and Hunter Biden.
Yes, Donald Trump has now issued a true social post announcing that both Hunter Biden and Ashley Biden will no longer receive Secret Service protection.
And, you know, I mean, we're talking about Hunter Biden had a Secret Service detail that included as many as 18 Secret Service agents.
And Ashley Biden also had 13 agents.
So, a little bit overkill.
I don't think they need it.
I mean, I think they'll be just fine.
Hunter, if anything, it really was a detriment to Hunter to have that much security because, free security at least, because, you know, how are you going to defend yourself from the Ukrainian mobsters without it or the Russian mobsters without it?
But beyond that, I think it's about time they pay for it.
You know, they've stanked enough from the federal government.
They've done enough corrupt scheming and scamming and skimming and embezzling.
I think that we can cut that cord now, safely.
So, plus, I mean, Hunter Biden is living in his own hell, as far as I can tell.
So, I don't know what, you know...
What anybody could even do to him to make his life worse than it already is.
Anywho, stay tuned.
We're coming back after the break.
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This is Dr. Katherine Albrecht inviting you to join me for my new radio show, Monday through Friday at 2 p.m. right here on AM 1360, The Roar of the Rockies.
Against. Against.
or
Welcome back to Just Forum Talk Radio.
I am your host, Craig James.
And, of course, we have much more to get into here today.
You know, it never ends, right, as they say.
Somebody texted in, though, to comment again just briefly on what we were talking about before.
They said that from the 720, they say, The mask thing I liken to the Seinfeld episode with the AIDS ribbon, where Kramer was excoriated for not wearing the ribbon.
Yeah, that's actually a very funny episode.
The whole AIDS ribbon thing.
It's very similar, yeah.
And then you can connect AIDS to Dr. Fauci and everything.
So, yeah, it's very interesting.
Small world we live in.
But here's the thing.
I have a clip I want to play.
And, you know, not a big fan of Elon Musk, to be honest.
And I make that very clear every time I talk about him, in case you were wondering.
I know some of you out there are like, tell us something we don't know, Craig.
We know you don't like Elon.
Just shut up and tell us the story, okay?
Here's the story.
Elon's making some interesting predictions about artificial intelligence, right?
And they're actually quite dark, to be honest, which I think is sort of a testament to...
The truth behind all of this, you know, in regard to what is happening and what will happen as we go into the future.
And he's made some pretty interesting predictions about what's going to happen 10 years from now with artificial intelligence.
I want to play this full clip to give you an idea of what those predictions are.
And then I want to comment on it because...
I've been trying to make this point to people, and I don't think it's setting in for some.
I'm sure many of you are like, yes, we understand what sort of, you know, I hate using this term, but it's like an existential threat, if you will, that may be presented by AI, and what it presents is a threat to humanity,
but...
You know, a lot of movies are diving into this now.
This is becoming sort of an interesting topic of discussion.
People are starting to finally grasp and understand the severity of the situation.
But I'm not sure we even are close to fathoming collectively the depth and breadth of this situation and how serious it is.
Listen to just...
This prediction from Elon Musk, he was on a podcast with Ted Cruz, and they were talking about this.
Listen to his predictions.
AI.
In 10 years, how is life going to be different because of AI for just a normal person?
Well, 10 years is a long time.
In 10 years, probably AI could do anything better than a human can.
Cognitively.
Probably almost...
I think in 10 years, based on the current rate of improvement, AI will be smarter than the smartest human.
Yeah, yeah.
There will also be a massive number of robots.
So humanoid robots.
By the way, I've got to ask, how come your robots look so much like the creepy robots for my robot?
Was that intentional or just...
I was hoping he was going to say, yeah, just to mess with you.
It's not meant to look like any prior robot.
And we'll iterate the design.
You'll be able to have a lot of the robot parts are cosmetic.
You'll be able to switch out the kind of snap-on cosmetic parts of the robot to make it look like something else if you'd like.
So there will be ultimately billions of humanoid robots.
All cars will be self-driving.
In ten years?
In ten years, probably 90% of miles driven will be autonomous.
Huh.
Wow.
That fast?
Yeah.
In five years, probably 50% of miles driven will be autonomous.
Now, if AI will be smarter than any person, how many jobs go away because of that?
And what do people do if you've got millions of people that are losing their jobs?
A lot of people are understandably freaked out about that.
Well, goods and services will become close to free.
So it's not as though people will be wanting in terms of goods and services.
So why is that?
Why are goods and services free in an AI world?
Or close to free?
Well, you have, I don't know, tens of billions of robots.
They will make you anything or provide any service you want.
We're basically next to nothing.
It's not that people will have a lower standard of living.
They'll have actually a much higher standard of living.
The challenge will be fulfillment.
How do you derive fulfillment and meaning in life?
Is Skynet real?
Like you get the apocalyptic visions of AI.
How real is the prospect of Killer robots annihilating humanity.
20% likely.
Maybe 10%.
On what time frame?
After 10 years.
So soon.
You see a world where that's possible.
Yeah.
You can look at it like the glass is 80-90% full.
Meaning 80% likely will have extreme prosperity for all.
Now, I guess my view, we're in a race to win AI.
We're in a race with China.
And my view is, if they're going to be killer robots, I'd rather they be American killer robots than Chinese.
How likely are we winning right now?
Is America winning right now?
And how likely is America to win the race for AI vis-a-vis China or anyone else?
For the next few years, I think America is likely to win.
Then it will be a function of who controls the AI chip.
The factories that make the AI chips, who controls them?
If more of them are controlled by China, then China will win.
More of the factories that are making the AI chips.
You think that will determine it?
Yes.
And how are we doing versus China on that front?
Well, right now, almost all the advanced AI chip Factories, they call them fabs, are in Taiwan.
And what if China invades Taiwan?
Which is 69 miles away from...
If China invades Taiwan, what happens to the world?
Well, if they were to invade in the near term, the world would be cut off from advanced AI chips.
Currently, 100% of advanced AI chips are made in Taiwan.
How fast can we put that online in America, and how important is that for national security?
I think it's essential for national security, and we're not doing enough.
Okay.
Well, that's a bleak look into our dystopic future, according to the richest man in the world, who is now telling us we have a 10% chance or 20% chance that the AI robots he will help create will end up murdering us all.
And, you know, ending humanity.
But hey, like you said, 80-90% glass is full.
We may end up living in a utopia where the robots serve us and we live like, you know, incredible lives that, you know, are great.
Where we struggle to find meaning in a world that we don't have to struggle or strive to, you know, exist in.
Right?
I don't know.
Here's my thought.
I think Elon is being a bit dramatic, to say it mildly.
I don't think he even believes the timeline that he's presenting.
However, we do know that the timeline by which technology advances is a different timeline than most other things.
It advances...
In an exponential way, as opposed to in a sort of, like, linear and easily calculated way.
Like, it will spiral up and become much more over a shorter period of time than most other things would.
And technology will be no different.
And especially, my belief is here, what he is referring to is stuff that he's probably seen behind closed doors with AI being able to...
Not reach sentience, per se, but once it's capable of reaching that singularity, as they call it, which is the point at which AI is able to improve itself, that we will see advancement so rapid from there that the time frame he's presenting is actually mildly realistic,
to be frank.
Because if you think about it, once AI is able to improve upon itself, then all bets are off because the speed at which it will be able to improve itself will be...
I mean, at this point, it's practically immeasurable.
We couldn't even fathom the speed at which it will improve itself to become better to then be...
deployed and implemented in the real world in our day-to-day lives.
I mean, right now, to give you, like, sort of an example of how I understand this, and please correct me if you disagree, but it's the equivalent to the AI that,
like, we are exposed to, right?
Whether it's the Google Gemini or ChatGPT or it's...
Groke on Twitter or it's, you know, you name the AI system that we're, we are interacting with, is equivalent to, I don't know, like going into, going back to the 19,
I don't even know if that's a good example, but going back to like the 1990s and comparing a Game Boy To the most advanced supercomputer, you know, we have today.
Right?
Like, that's the difference in what the singularity will bring in speed, right?
It'll be like that.
What we're experiencing with AI right now has been described by scholars as being its sort of adolescence.
Its awkward high school phase, I guess, would be the way they've described it.
And that is the level of thinking they're able to generate.
It's like up to a, you know, grad student or maybe a little below.
But once we get into the realm where Elon's discussed, others have discussed, where, you know, AI is smarter than the smartest person on the planet, which I guarantee you, I would bet everything I had, that behind closed doors the AI systems that are being used are more intelligent than...
Exactly what we have today, right?
The point is that what you're going to see happen, what you're going to see unfold, is going to be nothing short of just an unbelievable, unimaginable world.
And I think we should prepare ourselves for it now.
Now you go, Craig, how do I prepare?
Well, I don't have that answer yet.
I'm still trying to figure that out myself, right?
It's like, what stock do I buy?
What prepper food do I get in my pantry?
What do I do?
How do I protect myself from Skynet?
I'm not sure there's going to be a whole lot that can be done in regard to this new world in which we're going to be...
It's practically, at this point, inevitable, barring some unforeseen circumstance presenting itself, like an outside force, an asteroid hitting Earth, or global thermonuclear war wiping out all the technology.
I don't know, right?
But I do know that...
Whatever this future is that we are diving headfirst into, into this abyss of AI-generated reality that we will exist in, is going to be something to see.
I mean...
And it brings to reality things that we thought were impossible, and I think this is where a lot of people go to Scripture and look at, you know, the books like Revelation, and it talks about these sort of unimaginable things that will occur with,
you know, the mark of the beast and chips, and they talk about numbers, and all of that, I think, will be ushered in through this technology, and I do, I am one of those people who, Whatever you want to say about me, I do believe that this technology channels a darker force that has existed well before our time,
right?
And most certainly will exist beyond our time, that is countered by a spiritual light and a good force.
And there is going to be a cosmic battle, if you will, for the ages.
The battle for humanity.
And we'll be here with front seats watching it play out.
God, I mean, God willing, hopefully it all goes well.
Stay tuned.
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back to Just Forum Talk Radio.
I'm your host, Craig James.
Of course, you know, we have more to cover here.
And just to put a bow on the whole AI thing, I have hope.
I don't find, you know, this all to be hopeless, particularly with regard to, you know, the futility, right, with which we try to...
This technological advancement, it seems inevitable because it is, right?
Times will change, technology will advance, things will become new and improved, and they'll always be working to make a world which they believe is better through the technology and the advances that they have in their,
you know...
So, I don't look at that in the sense of, oh, you know, hope is lost, all is lost, you know, doom and gloom.
I just look at it pragmatically and say, okay, so this is what sort of the top...
I think one of the things we're going to have to be prepared for more than anything is the level of deception that they will be capable of with AI.
With systems that can think and that are smarter than the smartest human alive, the levels of deception that they will be able to deploy against us, that's where I get Of course,
these AI systems have the capability of doing great good, right?
Medical research and other things, other technological advances, I think, will be good for society as a whole.
But they'll also be able to create massive...
Coordinated, highly sophisticated deceptions that will surely fool people into believing things that would be to their detriment.
I'll put it that way.
So I think there's a way of looking at it where...
You know, you can be hopeful, you can be optimistic, but you can also be skeptical and you can also be concerned.
And those are two things that are not mutually exclusive.
You can hold those two positions.
And, you know, I've always been a believer in the fact that what AI will never be able to account for will be the eternal soul.
They may be able to make some artifice.
They call a soul.
They may entice many people to worship them like gods, these AI systems, because of their superintelligence and their capabilities.
But, you know, if we are the creators of AI, then it would always stand to reason that because we have a creator, that they are inferior, right?
Even if they're able to, you know, reach this singularity and to grow themselves and to fix themselves and to do these sort of things that we think are, some may believe are magical and mysterious,
they will always be a product of the creation that we made.
So, in that sense, I think, you know, our superiority is and will be There, obviously.
And that, to me, is something I think we should keep in mind, particularly when we're understanding this AI.
AI is going to be, you know, programmed to work within this world.
It won't be programmed to necessarily fully understand this world, if that makes sense.
Right?
Because it will give you every explanation, but it will certainly not...
Ever be able to answer the questions that no man has ever been able to answer, right?
Beyond the reasoning and the miracles that we've seen ourselves.
So, I don't want to get into an existential rant on AI, necessarily, because it's such an interesting topic.
I could talk about it for days.
But I do want to talk about something else.
Another story that kind of crossed my radar I think is interesting.
Many people are predicting financial collapse.
And I understand that that's a reality, especially in the world we live in.
There's no doubt in my mind that we could be experiencing many different scenarios where the markets go down and we have something similar to what we saw in 2000 or 2008.
And the cyclical nature of markets would dictate that there...
There's a boom and bust cycle in which we exist perpetually, right?
So there will always be an upturn and a downturn and an in-between.
There will always be.
As long as our market stays in its iteration that it's currently in, this is something we will experience perpetually, right, throughout time.
Now, somebody's pointing out, though, that they have a good idea of what this next bust will look like.
And I think it's an interesting take.
I'll play this clip.
It's some woman on social media, Tiffany Chancy, I think.
And this is being shared.
It's kind of going semi-viral, if you will, where she's explaining that the next 2008 is coming right around the corner.
And I want to play this and then talk about it for just a second.
Listen to this.
Last night, I started off by researching Hooters getting bankrupted by private equity and ended up uncovering the next 2008 level economic collapse.
And they're hiding the bubble inside a private equity black box that makes it almost impossible to see what they're doing.
Almost.
This time, they're not going to collapse the banks and make it too big to fail.
They're going to bankrupt the entire American pension system.
I'm almost too afraid to make this video, but it has to be done.
So let's get into it.
In 2008, investors and bankers were able to crash the world's economy by engaging in risky, unethical bets and investments, and they did it right out in the open.
They've learned, and this time they're doing it again.
Bigger investments, bigger risks, same playbook, but they're doing it behind the smokescreen of private equity in bigger numbers.
They're creating a bigger bubble than before, and it's not somewhere down the road.
It's here, and it's about to pop.
You see, for the last month, I've been trying to figure out why these companies that private equity had acquired were failing, even though they were still succeeding.
Joann's, 97% of their stores are still profitable, and yet they're still bankrupt.
But they weren't bankrupt a year ago, and they still had the debt that private equity had stacked on them a year ago.
So I wanted to know what changed.
The same thing with Hooters.
The same thing with...
Now, in 2024, private equity bankrupted 110 businesses.
And that was almost double their previous record.
There have been huge increases in the amount of bankruptcies each year over the past three years.
But I didn't know what had changed because private equity had held many of these businesses for several years and they were still succeeding.
Until I got my hands on an economic report and an article and found a term that nobody could explain to me.
The term was back floating rate loans.
I didn't know what that meant, and no article would explain it to me.
So I had to go and do research in the financial prospectuses of a bunch of financial investment firms.
Guys, in the last few years, private equity has taken out $3.8 trillion in adjustable rate loans.
These are adjustable rate loans.
These private equity firms took out adjustable rate loans.
And so for the last three years, as our interest rates have gone up every 30 to 60 days, the money due on the loans they stacked on top of these companies has gone up every 30 to 60 days.
That's why these successful companies that private equity had acquired are suddenly bankrupt, even though they're still making money.
They're bankrupt because they're paying adjustable rate loans.
But it doesn't stop there.
It gets so much worse because my next question is why are the banks willing to give these risky loans to these private equity firms knowing it's going to cause them to fail?
And the answer is because the banks aren't going to keep them on their books.
The banks are immediately repackaging these adjustable rate loans as something called CLOs, right, which are then packaged and sold off to our pension funds as really great debt.
And they tell them that it's a diversified portfolio.
Are you hearing the big short in real time?
Literally, all of these companies are getting bankrupted in greater and greater numbers.
And all of this debt is adjustable rate.
And all of the bankruptcies are skyrocketing in this direction.
And if you look at this graph, you can see that aside from 2020, which is obviously an anomaly.
Right now, private equity, that's the yellow section, has double the highest number of bankruptcies they'd ever had prior to last year.
And that number is climbing this year.
All right.
I'll play a little bit more of that clip when we come back.
And I'd like to talk about it just because it's an interesting, you know, thought that what she's saying may be a description of...
The big short that we saw in 2008 coming back, you know, rearing its ugly head in a different form.
Stay tuned, though.
We're coming back after the break.
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The roar of the Rockies.
You can run on for a long time.
Run on for a long time.
Run on for a long time.
Soon or later, gotta cut you down.
Soon or later, gotta cut you down.
Go tell that long time.
Welcome back to Just Form Talk Radio.
I am your host, Craig James.
And I want to finish playing this clip, or at least a part of it, talking about what this person, I believe this is, oh, Tiffany Chanchi, believes is coming, right?
This next big short, as she describes it.
Let's listen to it.
$3.8 trillion.
$3.8 trillion in this debt.
Okay?
I want you to look back.
To 2008, do you want to know how many risky adjustable rate mortgages there were?
$1.1 trillion.
Do you want to know how many subprime but not quite as bad loans there were?
$1.3 trillion.
That was just in housing.
In the $3.8 trillion held by private equity, They own the largest shares of the home ownership market in the United States, but they also own the daycares.
They own the veterinary clinics.
They own the pet stores.
They own the nursing homes.
They own the emergency rooms.
They own the doctor's offices, the orthodontists.
They own the builders.
They own the HVAC companies.
This isn't just housing.
It's going to touch every single industry around us.
And that is why, if this were a free market and private equity had not exploitatively gotten involved, if we had a free market and we could see what they were doing, these companies would be succeeding.
If this were actually a free market, these companies would be succeeding.
Joanne says 97% of their store is profitable.
That is an astronomical number.
97% of a retail store is profitable.
And they are failing and they are closing every store.
And it is further consolidating an already consolidated environment.
And now there are thousands and thousands of employees that will not have jobs.
And there are thousands of other businesses that are going through the exact same thing right now.
And why?
Because they know we will never allow the banks to be bailed out again.
We would literally riot in the streets.
But we're definitely going to allow them to bail out the pensions because that's our grandparents.
That's our parents.
That's the working class.
They know that this will get bailed out.
And because there's no regulatory authority, there are no laws stopping private equity from doing whatever they want, they know they can get away with it.
And we can't do anything to stop them.
Yeah, I think that's an interesting take.
Very possible to see something happen here, similar to what's being described.
You know, it was Michael Berry, right?
The guy who told us about, you know, credit default swaps in 2000.
He was making all of his big short plays against this market for mortgages that he was buying.
Well, the banks were offloading these subprime mortgages, which were then defaulting, and this was causing a chain reaction when the market tanked.
When all of the markets started going down and then real estate markets started going down, then all of these subprime mortgages started going upside down, and then banks started...
You know, defaulting because they were holding these large credit default swaps, you know, whatever it was, subprime mortgage packages.
It's a whole complicated thing.
You'd have to be an economist to really understand fully, I would imagine.
But, you know, that's sort of, in a nutshell, what happened in 2008.
And what she's saying is that the same thing is happening now, except with private equity firms.
Offloading these adjustable rate loans, which they took, with these profitable businesses as collateral that are now facing the rates adjusting.
If you don't know what an adjustable rate loan is, it's basically...
Exactly what it sounds like.
It's a loan that has a rate that adjusts.
But that means, you know, as opposed to a fixed-rate loan where you pay, let's say, 3% on a loan or 5% on a loan.
And that stays fixed over a long period of time.
You may start off at an adjustable rate loan with a lower interest rate, like of 1 or 2%, but then over time, you know, the lender has the option to adjust the rate according to whatever the market dictates,
right?
So if the interest rates go up, then they can raise the interest rates on these loans.
So loans that were...
At once being held with, you know, one, two points on them, one to two percent interest, are now being held with, you know, four, five, six percent, maybe even more.
Some adjustable rate loans can go up into astronomical numbers as far as the amount that they can charge is concerned.
And this is putting a squeeze on these businesses.
But the worst part is, as she points out, the banks know full
well that...
As she said, after 2008, they learned their lesson that the bailout caused the Occupy Wall Street movement, which caused a headache and really a bad PR.
Nightmare for them.
And they ended up having, I've said this before, this is where we get the DEI stuff from, the diversion to keep us from looking at them and how they were exploiting us.
So now what they've done, as she said, is they've offloaded these adjustable rate loan packages to the pensions because the pensions can write them off.
Because a pension can...
Use that as a projection of future income, right?
To say that the pensions are solvent because these adjustable rate mortgages are going up and their stream of revenue from them is going up.
But what happens when the same thing that happens in 2008 happens in 2025, where you get some kind of market volatility collapse scenario, and then those interest rates fall quickly?
Then those loans become far less valuable.
Then those pensions are not able to be made solvent financially.
Then you have this scenario where the pensions are going to have to be bailed out and we're going to see 2008 all over again.
It's an interesting take on what could happen.
Now, will it happen?
I don't know.
I think this is part of the reason why Trump's trying intentionally, for better or worse, to sort of deflate the stock market, to lower it, to crash it to a degree, because it has to happen slowly.
The worst-case scenario is we keep on this inflationary expansion rise, and then everything just falls off a cliff at once.
And then you have a total collapse, and it's really severe.
So, yeah, that's basically the situation.
I don't know if that's what's coming, but I'm sure a lot of you out there are looking at it going, hmm, that's interesting, just like I am.
It's funny what you can learn when you pay attention, right?
But we'll see how it all plays out.
I don't know the future.
I do know that we live in a boom and bust economy.
Eventually, this market bubble will pop.
It's will it go gently or will it go in sharp decline?
And how will all that play out?
That's the real question, I guess.
So, we'll have to wait and see.
Stay tuned, though.
A lot more to come.
Our last segment, you know, God's grace is a greater segment.
We'll leave you guys some hope and encouragement in Scripture, and we'll sign off for the day.
But keep it locked in here.
We're coming right back.
You're listening to Just Form Talk Radio.
Stay tuned.
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I see grace.
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When I was broken at the bottom, I found you're my healer and redeemer, Jesus.
That's who you are.
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And with your spirit living inside of me, I'm a new creation.
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Welcome back to this forum talk.
I'm your host, Craig James.
And of course, you know, it's our final segment.
Man, time flies.
We really appreciate all you guys texting and listening.
Somebody texted in from the 818 and said, AI bellicose John Titor.
Yeah, John Titor, that's an interesting story.
I think that's the guy who did the time travel.
I don't know.
I'd have to go look at it all.
But thanks for sharing that.
Also, somebody from the 720 says, our fellow American Rosie O'Donnell that made her fortune here moved to Ireland to solve her problems with America.
Yeah.
Sad.
Sad.
We'll miss her.
But it's that old saying, don't let the door hit you where the good Lord splits you.
Right?
Bye, Rosie.
Anyway, speaking of that, let's go over and do some scripture, right?
Because we leave you guys with some hope and encouragement.
I referenced this scripture yesterday, and I thought I'd share it with you today.
Romans chapter 5. What it talks about here about faith, but afflictions that we face that may test our faith is very profound, and I hope these words speak to you wherever you're at here today.
And this is Romans chapter 5, verse 1 through 5. It says, Therefore, since we have been declared righteous by faith, we have peace with God through our Lord Jesus Christ.
We have also obtained access through Him by faith into this grace in which we stand, and we rejoice in the hope of the glory of God.
And not only that, but we also rejoice in our afflictions because we know that affliction produces endurance.
Endurance produces proven character, and proven character produces hope.
This hope will not disappoint us because God's love has poured out in our hearts through the Holy Spirit who was given to us.
In those five verses, I feel like sort of the entirety of our struggle in this life can be rectified and understood in how we are to deal with it.
These words give us an understanding that I think speaks to our Lord and Savior Jesus Christ, the Holy Spirit and God that flow through us, and how we overcome it.
Now, knowing that we are going to face affliction in this life, what does it say that we are to do here?
What does Paul say?
He says we rejoice in our afflictions.
Why in the world would you be happy about an affliction?
About having a problem or a hardship?
Well, it explains it there all but too clearly.
We rejoice in our afflictions because we have hope through the glory of God.
But because we know that the affliction will build in us endurance and a proven character that will help lead us to have hope in the future.
And I love those words because they speak directly to my heart.
Every time I'm faced with a difficult situation, I think back to these words.
And I hope that if you're facing a difficult affliction or some problem, you look to these words and let them guide you.
Or if you're...
In the midst of one, you're facing a battle that's new.
I know it sounds counterintuitive, but let's be thankful.
Because of these words, because of God, because of the Holy Spirit that's in us, because of our relationship with the Father through the Son, Jesus.
And if you don't have that relationship, I encourage you to open your heart, say a prayer, call upon His name, and invite Him in.
And accept Him as your Lord and Savior.
That's where we're going to leave it.
Thanks for listening.
We'll be back tomorrow, God willing.
Until then, I'm your host, Craig James.
speed and God bless each and every one of you patriots.
You just go right, oh yeah.
I'm jealous of the car.
Greetings, folks.
This is the Constitutional Medicine Man inviting you to join me Saturdays at 2 p.m. for my show, Constitutional Medicine, right here on AM 1360.
That's Saturday at 2 p.m. right here on AM 1360.
This is Clay with Wagner Electric Company.
We're out of Greeley.
We're here to promote our Generac and Cummins standby generators and our service to the community with any electrical needs.
We're located at 1517 2nd Avenue in Greeley, 970-800-3693.
The biggest thing that we want to promote is that we set the standard and we're here to support you and your needs.
970-800-3693.
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