ORWELLIAN STATE WARNING! Meet Biden’s New “Ministry of Truth” | Louder with Crowder
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June 18th.
Pikes Peak Center, Colorado Springs, Colorado.
Prepares for the funniest show on earth.
Moving right along for loose and fancy free.
Getting there is half the fun, compare it with me.
Moving right along This is a video of the news.
It's about a man who's been arrested for a crime he committed.
He's been charged with a crime of murder.
Oh, am I getting a little room noise, or is that just me and my headphones?
I think that's... Is it just me and my headphones?
Alright, that's just me and my headphones.
You know what it was?
We were recording that music here the other day.
in this room and so I had to change the levels and I won't be able to hear right for a week.
Yeah.
Glad to be with you. Sorry we're a little late. Some technical difficulties that happened with
the... Let's just blame it on Twitter. Fair. Yeah, we'll blame it on Twitter for today.
And that is going to be... Look, first off, we have Gerald B. in studio. You
guys see this because he's... He's... Hi!
Yeah.
Gerald A. is having, uh... His wife is with child.
And, uh, I don't know if you know that, but Gerald B. does a great impression of a lamprey.
You see that?
Guys, I'm gay!
Yeah, he's a... It's just that that's his catchphrase.
Yeah.
I think that soundboard might be coming in a little bit hot.
I don't know if it's just me.
It could be my headphones acting up, but sorry, it's just... It's distracting me...
It might be the headphones.
It could just be the headphones.
Let's hear it again and I'll check.
Guys, I'm gay.
Oh no, that sounds about right.
That sounds good.
Spot on.
So we're going to be talking today, not just about Twitter, we're going to be talking about the Ministry of Truth that this administration is incorporating right now, that they're putting into action, which is absolutely terrifying.
And with Twitter, people have been talking about how they've been gaining followers, right, or I've been losing followers, but once you get past the sort of histrionics Um, ostentatious, just ahhh!
What does it really mean?
We've run some numbers, not just for personalities, but specifically politicians.
Which politicians have gained followers?
What they've gained.
Which politicians have lost followers?
What they've lost.
And what kind of a direct impact that could have on what?
What?
The election!
Turns out it doesn't really matter if Russia spends $6,000 on Facebook ads.
Turns out that Twitter itself, and of course by proxy Facebook, Instagram, YouTube, can have a direct impact on an election.
And we're not just talking about the New York Post story.
We're talking about every single election from local, state, all the way up to federal.
And it is shocking.
It's startling.
So this is good.
This is good what we're seeing.
We're gaining some ground.
It's not enough.
Also, we're going to enter a recession.
That's something that a lot of people aren't talking about because it's nerdy, it's tough to get into, but we're going to try and consolidate it so you can understand why historically the metrics that we are seeing have never resulted in anything other than a woeful recession.
So let me ask you this.
Before, while we're talking about the Ministry of Truth and we'll be talking about Twitter, my question of the day to you is, and we'll pin the comment, whoever answers best, which lie is the worst that we've had from this administration at this point?
The worst one.
Not the one that bothers you.
The worst one.
The most egregious.
You know him.
You love him.
You have Gerald B. back here.
Mr. Lamprey.
Look at that.
He's there.
Gorgeous.
And then we still, of course, have him third chair.
You know him.
You love him.
At Landau Dave on the Twitter.
And he's going to be in Green Bay, Wisconsin this Saturday.
And then the Meyer Theater.
And then, of course, we're in Colorado Springs in June.
lotofscotter.com slash tour.
You can book your tickets.
How are you, Dave?
Ahoy!
I'm good.
And Lincoln, Nebraska, I think, next weekend.
And, uh, yeah.
Ahoy!
Good and new night.
Just lay off.
I just wanted to share.
It's enough.
It's a Lincoln.
Like Abe!
Yeah, I know.
Or the car.
Yeah, that's fine too.
Honest Abe.
I couldn't do the Oldsmobile Theater.
It's not there yet.
Lincoln Logs?
They'll never, hey, watch it or we'll never let you perform at Pontiac.
I bet there was an Oldsmobile Theater.
Oh, I guarantee you.
I would have liked to go there.
It's just a theater that nobody knows exists anymore, but it's still there.
The seats are all just plush maroon.
Yes.
Just velvet.
Your dad's smoking up front.
I'm like, I thought you were dead.
Not in this theater.
Not in the Oldsmobile Theater.
We're all ghosts.
It's almost like you're the ghost because you're the only one who's not.
I'm a reverse ghost?
Oh, the front sections?
The Cutlass Sierra?
So, before that, we also, by the way, the pandemic is over, we'll get to that in a second, according to Dr. Fauci.
First, this is, we confirm this is real, right?
We confirm this is real.
We're sure this is real.
I watched this and I thought, well, this must be a parody.
And that's how you know the left is beyond parody.
When it took us about 30 minutes to do some research, that means looking through this guy's LinkedIn, looking through his Facebook, looking through his TikTok, going, is this an actual thing?
Turns out it is, and he wants to apologize for the way white people look.
White people don't make no sense.
I'm here trying to gear myself up and, you know, hype myself up to go up into work.
That seems fake.
And so I thought I'd put on some of my lip gloss.
It's not.
This is my Morphe one.
Oh.
Tastes like sour babies.
Good for his dad.
I'm sitting here rubbing my lips together and I'm like, well, sh**.
I ain't hardly got no lips.
You ever seen a Latina in her 50s look like she's in her 30s?
Because I know for a damn fact you've seen a white woman in her 30s look like she's in her 50s.
I've seen a Latina in her 20s look like she's 50.
Half the time white folks hit 30 and they lose their damn chins.
Just up and lose them.
Really anywhere from 20 to 50 looks 30.
I ain't trying to make nobody mad, but I mean, s***.
A lot of us out here looking like bony ass meat sacks to me.
That's just you.
Who decided we were the elite?
On behalf of white folks, I want to apologize to everyone because we must be a deluded bunch because we done convinced ourselves a whole ass lie.
He sounds like Zach Galifianakis doing the effeminate racist.
Yeah, in a wet bandit's toque.
Who said that we are the elite?
And then he goes, on behalf of white people, trying to insinuate that he's a part of the elite, like he's a hipster SEAL Team 6.
saying is when the neighbors moved in my property value dropped. I ain't trying to
say nothing wrong. Who said that we are the elite and then he goes on behalf of
white people trying to insinuate that he's a part of the elite like he's a
hipster SEAL Team 6. Look, look, no one is saying that you are elite.
Now, insert any other race with what he just said.
White people look like bony-ass bags of meat.
Black women look like big-ass bags of meat.
Can't say that.
No, it'd be awful.
Look, I'm just trying to look normal.
I'm putting on lipstick.
I'm painting my nails.
My nails black.
I got a dangly cross ring.
I got this hat that looks like I'm in Life Aquatic with Steve Sisu.
Yeah, what's going on here?
And I will say this, having twins, this really- I was just talking with Pops Crotty about this yesterday.
You have a son, but I have, you know, young boy, young girl.
Okay.
Yeah, I'm a twin.
And I love them both dearly, but you have a twin brother.
So with one boy, one girl, I said, look, I am going to, there's always going to have to be some untraining, some sort of deconditioning, right, from society, especially if you understand the world we live in.
And there needs to be balance for both of them.
But with my daughter, I know that I'm going to have to correct the record that says, You are beautiful, you are perfect, just the way you are.
No matter what it is. If she's anorexic skinny, you're beautiful, you're perfect. If she's
overweight, blood type pudding, you're beautiful, you're perfect. If she works, you're
beautiful, you're perfect. If she doesn't work, you're beautiful, you're perfect. That's what the
message is. And I know that I'm going to have to decondition my son from being bombarded as a
piece of shit for something he has no control over because he's a white male.
No one is going to be telling my young white male boy that he's fantastic, you're great just the way you are.
It's the only subgroup of people whom you actively tell they need to change something about themselves which is immutable.
Now of course, I want my daughter to find her self-esteem and her values and her accomplishments, how she treats people.
But no one is perfect, no one is beautiful and perfect the way they are, and no one's a piece of crap!
Just because of how they were born, and it really is something that I think about a lot, and that guy just echoed it in a deeply disturbing way.
Yeah, and if anybody's telling your white kid that they're beautiful and perfect, just be like, look, the stranger has candy and don't get in the van.
Right.
That's the only person who's interested.
Yeah, exactly.
They really don't like white young men.
It sucks to say.
I mean, because there's so many people that get mad when you say that.
Right.
But it's true.
Like, this guy is just going on there to tell you that white people are garbage.
I know.
And he's white.
Why?
Yeah.
Well, this is why you have, you know, older boomers.
We talked about these statistics the other day.
All the references are available at ladderwithcredit.com.
They were more racist.
Then you had a dip with Generation X and older millennials.
Our generation.
They were the least racist.
And then you had it go up again, with younger Millennials and Zoomers.
Why?
Did we all of a sudden become more racist?
No.
What happened is, there was a divide and conquer, and the left said, we need to reawaken.
We need to refan the flames, the fire of racism, in order to gain votes.
That's what happened, and that's what you're seeing here.
When we grew up, we didn't even think about it.
The biggest shows, from the Cosby Show, to Fresh Prince, to Family matters?
You'd have family matters right next to Patrick Duffy on Step by Step.
That's the white and black cookie!
Well, no, it's because young guys who are white come up.
Let's say you're white and you see that guy.
Yeah.
Well, you hate him and you hate the people that he's siding with.
Right.
And then the black people hate him, too.
Yes.
Yeah, so it's pretty much his fault.
It should be unifying.
Yeah, that guy.
Everybody should hate that guy.
Yes, exactly.
There you go.
Common ground.
If you're not in a band, stop painting your nails.
You're a cashier.
Yes.
Stop it, sir.
So here's something else, a little more policy-focused, but this is, hey, this is great.
This is good news, and we need to celebrate good news.
That's been the theme of this week.
On April 26th, so a couple of days ago, and we didn't have time to talk about it because we didn't ask Wednesday yesterday, Anthony Fauci, the science, Yes.
Declared on air that America is officially out of the pandemic.
What?
Dr. Fauci, let me broaden this out and ask you, here we are.
It's the end of April.
It's the spring of 2022.
How close are we to the end of this pandemic?
Well, that's an unanswerable question for the following reason.
And I don't want to be evasive about it, but let me tell you why I'm giving you that answer, Judy.
We are certainly right now in this country out of the pandemic phase.
There it is!
Steven, we still have another clip.
Huh?
We still have another clip.
I think Saki followed this up.
So there's no question that we're in a moment, a different moment in our fight against COVID.
But we also know COVID isn't over and the pandemic isn't over.
Sorry to rain on the parade.
Yeah.
I'm out.
I just don't know anymore.
I thought he was the science.
He was.
Is she the science?
Is she Mrs. Science?
She's the new science.
Ugh, gosh.
Well, and then we're losing the science to MSNBC.
Now MSNBC is going to have a corner on the science.
That's just not fair.
It's because with her skin, she can't get any vitamin D in it.
At least not natural sunlight.
It's not possible.
She'll just burn like a vampire.
And she can't do her makeup because if she looks in a mirror, she doesn't see anything.
If you open one blind during that press conference, she's done.
She lights a blaze.
Burn.
Alright, so here's something else, by the way.
People are calling it this, but this is something that I was talking about before we get to Twitter.
I said this the other day, don't just look at the story.
Look at the people who are telling the story, or the people who are defending the story, or the people on the opposing side of the political spectrum, you know, where you find yourself.
And how are they defending it?
Or try and observe their self-awareness.
To me, what's concerning about this is, this next story, is that no one at this administration Just said, oh wait, no, that's bad.
That's going to look bad.
We want to do it.
We just don't tell people that we do it.
Right?
It's sort of like athletes.
Like, well, we want to cheat.
We just, we just lie because we know that it reflects poorly upon us and people know that we cheat.
That's why we buy urine.
Exactly.
It's clean.
Or in the case of the Russian Olympic team, it's the government just supplies urine.
Of course.
And steroids.
Yes.
Homeland Security Secretary Alejandro Mayorkas announced yesterday... Evil Jeff Bezos?
Yes, evil Jeff Bezos.
Evil-er Jeff Bezos.
Yeah, more evil Jeff Bezos.
I didn't know that was possible.
Maybe slightly less evil Jeff Bezos.
So, and this just happens to be coinciding with Twitter being purchased by Elon Musk, which we'll get to in a second, and the changes therein.
Mayorkas just announced the creation of the Official misinformation.
This is the government, so I don't want to hear it's a private company anymore because this entity that is being created by your government, its sole purpose is designed to get its tentacles into private companies.
The Misinformation Governance Board.
Let's hear Mayorkas describe it.
Our Undersecretary for Policy, Rob Silvers, is co-chair with our Principal Deputy General Counsel, Jennifer Gaskell.
In, um, leading a just recently constituted, uh, misinformation, disinformation governance board.
So we're bringing, uh, the goal is to bring the resources of the department together to address this threat.
I just read a very interesting study that underscores the importance of the, the point that you make, uh, the spread of myths and disinformation.
Now again, the government saying we're going to create a board, and you can go and check the references, whose purpose is primarily designed to pressure social media companies into doing their bidding.
For example, things like not allowing information out there, you know, like the Wuhan lab leak theory, or the Hunter Biden story, Or the CDC death rates for which we were suspended on YouTube, right?
The CDC actual death rates, just flu versus COVID for children, right?
This is misinformation.
Or reports on a violation of Pennsylvania's own high court, right, regarding mail-in elections.
This kind of misinformation.
Again, this wouldn't be as concerning.
If they weren't wrong all the time and even have admitted to, okay, we got that one wrong.
It's still pretty concerning because anytime the government says, we're going to determine what information is permissible or impermissible, you've now given up your freedom of speech across all platforms.
You can't say it's a private company anymore if the government gets to tell private companies what is considered permissible under the guise of misinformation.
And by the way, the person that he names who's heading this up, Nina Jankowicz, she's a global fellow at the non-partisan Wilson Center.
Good thing that it's non-partisan.
Let me read you a couple of this broad's tweets.
She said, after Elon Musk purchased Twitter, I shudder to think About if free speech absolutists were taking over more platforms.
She also called the Hunter Biden laptop a, quote, Trump campaign product.
Very middle-of-the-road.
Yes.
A Trump campaign product.
That is proactive misinformation!
Think about this.
That was from the New York Post, and no one denied its authenticity, aside from social media platforms.
No one else in the press, really.
No one else in the actual press, like New York Times, they didn't say, this isn't a true story.
They just didn't like the story.
This person who is now going to determine what shows up, or at least they're going to attempt to, I think Elon Musk is probably going to put up some walls, said it was just a campaign product for Donald Trump.
That is proactively trying to subvert democracy.
What the left accuses you of doing, they do themselves.
It really is.
It's the Alinsky 101.
Andrew Breitbart talked about that.
Just like you're seeing with Amber Heard and Johnny Depp.
She would accuse him of a borderline personality disorder when the shrink's like, no, you.
Who pooped in the bed, Amber?
Yeah.
So let me, uh, yeah, yeah.
Who pooped in the bed?
What?
What?
It was a prank.
It was a prank after you left him and his mother was dying.
Don't you do that?
What?
How do you comfort your spouse?
His mom was dying, so I pooped in his bed.
Oh, I forgot you never made a mistake!
I'm only human.
Yeah, barely.
I mean, not really.
I mean, I don't have a soul.
No, I mean, sugar, water.
I need sugar, water.
So, this is a Democrat activist, now, who is at the head of this board, and just to give you some examples, the Misinformation Governance Board, if only we would have some historical precedent.
Oh, that's right, we do!
Of government boards determining what information is allowable, used to mainly apply to the press, but of course now, you are the press.
This is what this whole fight is about with Twitter.
Right now, you are the press.
That's why the government needs to step in.
They used to be able to send some marching orders to just a handful of outlets, right?
All the news that's fit to print.
Three networks.
Now you're the press.
Now you have a camera.
Now you can do your own digging like us.
And so they have to make sure they create a government board to shut it down because we can't have you being the press.
But once upon a time, we did have these kinds of boards that existed to specifically send marching orders to the press.
We had the Reich Ministry of Public Enlightenment and Propaganda.
If they do it, my general rule is go another direction, but that's just one way.
There's the Publicity Department at the Central Committee for the Communist Chinese Party, there's North Korea's Propaganda and Agitation Department, and of course, there's the fictional 1984 Orwell's Ministry of Truth, which again, does this exact thing.
There's no self-awareness for them to just say, hey, you know what, hold on a second, if we're doing something that Orwell Fictitiously described as a dystopian future.
You mean non-fiction?
Yes, exactly.
I mean, it became that way.
He may have written it as fiction.
Yeah.
Spot on.
They're gonna have to recategorize it at the airport right next to the white guilt checklist book.
And the DVD of idiocracy.
Yes.
And we actually do have some, if I'm not mistaken, right now, right?
Right now on CNN.
They're an interaction with a misinformation board and someone with an infraction.
This is a CNN Plus special report.
Yes?
Peace.
Nothing.
That's right.
Because you know deep down you deserve to be punished That was I guess that was CNN plus
Oh.
Oh, you know what that was?
Yeah, they have some weird licensing agreements.
Oh, I thought it was an old Elliot Page movie.
Yeah, I don't necessarily know.
Guys, I'm gay.
Come on.
Gerald, that's out of line.
Yeah, that's out of line.
I'm a fan of his work.
Gerald B. Still doing the lamprey, though.
It's uncanny.
It really is something.
It really is.
Yeah.
It really is.
Alright.
I like his teeth better.
Yeah.
Yeah?
Yeah.
Well, you know what?
None of them were shot out with a BB gun.
No, that's true.
Not a one.
Yeah.
Also, around the office gets more use out of it with Choice Sauce.
Yeah.
No, we have fun with it.
Yeah.
Well, we need to...
We have disinfectant around here.
So, look, smash the like button really quickly because we're going to get some algorithm information here on Twitter.
YouTube, hitting like, commenting helps.
Sharing, we're now seeing, is the most important if you share it on YouTube.
And I hate to be that guy who asks you to do those things, but I want to be able to get through this information on Twitter without having to kind of break it apart.
We got a new share button.
Oh, do we?
Yeah.
What is it?
Let me see.
Click it.
Oh, you didn't see it yet?
I don't know.
I kind of like the Care Bear thing.
It was gay, but I was okay with it.
Guys, I'm gay.
That's way too loud.
It's louder than anybody else.
You got to take the volume down on him being gay.
I mean, I get he's emphatic about his gayness.
And we're proud of him for that.
Yeah.
No, we are.
Yeah, yeah, yeah.
No, it takes balls.
Yeah, it does.
It takes balls, especially when, you know, he's in the hospital with his beard having another child.
Yes.
It's hard to live a double life like Gerald.
No, it is.
It's nice that he's sent his stunt double.
Yeah.
No, it is.
By the way, we do pay scale.
So.
Yeah.
Oh, absolutely.
Twitter, this has been happening, right?
Elon Musk, keep in mind, Elon Musk isn't at the helm at Twitter right now.
So this is also some context that you need to keep in mind.
Whatever changes you're seeing at Twitter, okay?
A lot of people are going, oh, Elon bought Twitter, and there's this hero worship of him, and I'm really glad that he purchased Twitter.
But what you are seeing... Self-inflicted.
It's people running around with their heads cut off, the board going, oh my god, this is going, oh my god, hold on a second.
People are going to find out So if you're seeing these numbers change, by the millions by the way, that's Twitter's own people.
It's their own staff right now trying to cover their ass.
100%.
So let's keep that in context.
And then I want to get to some numbers that not only are surprising, But there are direct impact, and there are studies on this, as to how it could affect the outcome of elections.
We're not even talking about the freest and fairest election as far as the actual mail-in votes, or if voter fraud has ever occurred, ever.
You could type voter fraud in at lodworthcrowder.com for all those references, but we would never discuss it here.
Of course, we'll do it on Mug Club later, where we do chat Thursday, but all right.
You know this, Republican accounts, particularly conservative accounts, okay?
But I wanted to focus on Republican and Democrats today because I wanted to focus on elected officials, and then give you some personal examples.
So, Republican Twitter accounts, right, they've seen a massive surge in followers, while Democrat accounts have been shrinking.
Okay?
Here's the thing, again, keep in mind, Marley was dead to begin with, Elon Musk isn't doing anything there right now, it's just the fear that he might at some point.
Let me give you the follower differences between the 27th and the 30th that we see.
Republican followers gained, let's go through Jim Jordan, 160,000.
Marjorie Taylor Greene saw 150,000 gained.
Ted Cruz saw 118,000 gained.
Now let's contrast that with Democrats, notable Democrats, national figures.
Bernie Sanders saw a decrease of 25,000.
Hillary Clinton saw a decrease of 18,000.
Elizabeth Warren saw a decrease of 16,000.
Nancy Pelosi saw a decrease of 13,000.
Allegedly with Hillary Clinton, though, those people may have committed suicide.
Yes, they may have all committed suicide.
Allegedly.
Well, here's the thing.
This is also something that, like I said, look at what the opposition is saying.
How are they arguing?
Now, when conservatives were removed from Twitter, what would you see if they were actual people?
If these were actual accounts?
Because some liberals have tried to say, you know what, they're purging liberals now.
They're just deleting liberals.
This is authoritarianism.
Okay, when conservatives were being removed from Twitter, They go to Facebook, they would go to Instagram, they would go on YouTube, right?
They would go to Parler, they would go to Rumble, and let you know, hey, I've been suspended.
You always knew if someone was removed from Twitter, if it was an actual person.
Are you seeing anyone on the left right now?
Are you seeing any actual people telling you, my account was suspended, I was removed?
That's not happening.
They would be complaining about it.
It's not so you throw that out.
We know that's not what's going on right now.
So what is most likely happening?
Okay, this is a theory.
They're either purging accounts that were bots that were fake accounts because Elon Musk has said he's going to be really strict on that.
So, of course, they don't want to be brought up on any kind of Business malpractice charges.
I don't necessarily know how they would apply with social media.
So it's pretty clear.
They're either purging bots non-existent accounts and with conservatives either banned accounts are being unbanned falsely banned accounts or Uh, we all know this because you just saw a gain in like 10,000.
10,000 this week.
I saw 50,000 in a day.
It's crazy.
And so many people have been saying, hey, I'm seeing you in my timeline for the first time in a very long time.
People have chosen to follow.
My profile.
And this is the thing with the algorithms.
Sure, someone can follow you, but if someone follows you and unless they bookmark your page and check back every day, you might as well not exist.
Which, by the way, is the reason we always tell you Monday through Thursday, 10 a.m.
Eastern.
So you guys, if we're not here on YouTube, go to Rumble or watch us on Mug Club.
that weren't real. And on the right you're seeing either unsuspending of accounts
or just someone like Ted Cruz, his own people are seeing his stuff
so it gets retweeted, it gets put in their timeline, it's the pay it forward.
That was, remember the whole idea of viral?
Well you can't go viral, nothing can go viral if it can't start.
If you have five million people who follow you but Twitter says,
ahhh, you're only going to reach 20,000, the number doesn't matter.
So that's what we're seeing.
Now let me draw attention to this, because you just saw a gain with Republicans and a loss with Democrats.
Okay.
To the tune of millions, if you were to add them all up.
Now, Princeton University, there's research on this.
They found that for every, this is a quote, for every 10% increase of Twitter users in a given county, right, that lowered the vote share of Donald Trump by 0.2 percentage points.
That's weird.
That could almost sway things.
Yes.
Think about that for a second.
Think about right now they're saying Beto could win in Texas.
He's really close.
He's within 2%.
Okay?
Well, now let's just say Abbott gains the followers just based on the natural algorithm and all of a sudden Beto loses hundreds of thousands.
Do you think that changes the election?
So they combine algorithms.
They combine throttling.
They combine fake accounts.
And by the way, this is a dirty little secret.
I cannot substantiate this.
I want to be clear.
But I've worked in this industry for a very long time.
You pay a PR firm, you get a set amount of Twitter followers.
Don't ask questions.
Sort of like you pay a certain amount to a PR firm, you get a New York Times bestseller.
By the way, no one really knows what constitutes a New York Times bestseller, but you give us a quarter million dollars, we guarantee it, don't ask questions.
So I'm sure that there are a lot of Democrat PR firms that have been buying up fake accounts.
There are a lot of reasons that this has been taking place.
All of it points one direction.
And again, people, if you could comment below, send me examples.
Are there any prominent Democrats I haven't seen them saying, hey, I've been removed.
I know they're threatening to leave, and then they come back like Sean King, but I haven't seen any stories of Democrats en masse saying, I've been removed from Twitter, this is what's happening.
I see them bitching about it, where we saw conservatives all the time get removed, simply for points of view.
So I gained myself- You know what, Sean King went dark for a day.
Yes.
He went, uh, he went cream.
He went black for... He went cream for a day.
Well, he went back to cream for... Yes.
Well, he went right back.
No, he was always cream.
He just shut down his Twitter account.
Poor choice of words.
True.
Yeah, he went black.
He's never gone dark.
He's never been black.
No.
Or dark.
No.
But he was cream.
Yes.
He's still cream.
Eggshell.
Eggshell white.
Maybe a nice taupe.
Yeah, at best.
So I gained 89,000 Twitter followers.
Okay?
89,000 in the course of whatever, two or three days.
Now let me also point this to you.
Now imagine this for a second.
YouTube.
This is something too.
So we're seeing this with Twitter.
I can tell you there are some things I'll need to keep in my back pocket.
So there's some info that I'll never be able to give to you until the time is right.
But I will share this with you because it would be publicly available if you wanted to search for it.
For years, and Tool Man Tim, you've been working here for years, so you saw this happen.
For years, we on average gained over 100,000 subscribers on YouTube per month.
We had some months that were a couple hundred thousand a month.
I think the average was around 120,000.
Okay.
Then we were demonetized with the Vox Apocalypse.
And like that, to the day, all of a sudden we went from 130,000 new subscribers a month to...
About 20,000.
Maybe 40,000.
40,000 was the biggest month.
Some months would be 10,000.
Now, here's the thing.
That's a B-test.
Could be chance.
We were re-monetized on YouTube for four or five months before people complained about it.
Again, average 130,000 new subscribers per month.
De-monetized again.
So now we have four examples.
We have A, B, A, B.
Went down to 10, 20,000 new subscribers a month.
You're talking about a differential of hundreds of thousands in a month!
And if you do those estimates, if you look at the algorithms, for which there's been no explanation, no answer, we'd probably be at about 9 to 11 million subscribers a month on YouTube.
Not to mention the things like notifications working, subscriptions working.
We have to tell you to bookmark the page and come back 10 a.m.
Eastern every day and also let you know about Rumble and about Mug Club!
In case we're not on YouTube because we get removed for a reason that is not described.
Which, by the way, please do.
That's why we don't make any revenue off of YouTube.
We keep sponsors pretty limited.
Go to loudmouthcutter.com slash MugClub and, you know, it's $69 for students, veterans, active military.
You get the whole Blaze catalog.
This is something that, again, I think people are talking about.
People need to not focus on...
I lost this, I gained that.
What does that mean for the state of democracy?
Remember the Russiagate?
How long?
The media just even spoke about Donald Trump perhaps, you know, using a Hi8 camera to observe prostitutes urinating on Formica.
That was a huge story.
Of course.
Meanwhile, we see the difference of millions.
Millions of people being barred from following their supported elected officials and having others thrust before them.
If you're concerned about the state of democracy, if you think there's some, you know, we want trust in our institutions, then you should absolutely be pushing for transparency.
This can affect the state of the country, in addition to the Hunter Biden story, which we know would have changed the election.
Hey, speaking of Sean King, he might be breaking some news.
Oh no!
I don't know what his sources are.
He tweeted, I'm told this morning that Apple and Google will remove Twitter from the App Store if it does not moderate and remove hate speech under Elon Musk.
This isn't a new policy, but a commitment already made.
Amazon Web Services has the same commitment, so there's that.
And then he replied to someone who probably was trying to call BS, and he said, spoke to staff at Google and Apple, who referred me to the following policies.
Yeah, well, by the way, first off, there are a couple things that are troubling in there.
He spoke to officials at Google and Apple.
Oh, we can never get a return call.
We have far more influence and far more people who care about what we say than Sean King.
Of course, they're selective in answering their calls, just like they're selective in who they decide to throttle.
You know what else is?
He mentions Jeff Bezos and Amazon being on board with it.
Hey, hey, hold on a second.
He's like, hey man, I talked to Alexa.
Yeah, yeah.
Alexa, is Elon Musk a bitch?
I'm sorry, I didn't understand that.
Alexa, is Elon Musk a bitch?
It's me, Sean King!
Come on, I have to use my other voice.
It's me, Sean King.
Oh, whiskers.
His face recognition software, he has to put on his ginger wig.
Or put on his... puts on his black wig over his ginger hair.
Right.
It's like Rachel Dolezal who got a perm so she could straighten it, so she could act like she straightened her curly hair.
No, here's the thing.
He just mentioned Jeff Bezos, right?
And Amazon, does anyone see a problem with... Is he the second richest guy?
I don't know.
I know Elon Musk is number one.
Is Jeff Bezos number two or is he number three?
I guess it depends on... Well, does anyone see a problem with the number two richest guy now implementing a policy that would hurt the number one richest guy?
Hey, what happened to antitrust?
What happened to wanting accountability for businesses?
Look, I want accountability across the board.
And by the way, if this is true from Shaun King, again, here's an issue.
Shaun King doesn't have the self-awareness to say, ooh, this could be a slippery slope.
Sort of couch it.
For example, I say to you very often, I understand that there are actual racist message boards or hate places on the dark web that end up being the bathroom wall of society, and most people don't want to spend time there.
That's not Twitter.
That won't be Twitter simply because you don't remove someone for saying that Anthony Fauci isn't the final voice on science.
I understand that.
They don't acknowledge what the other side's concern is because they don't know it.
Sean King doesn't understand it.
Here's the real value that conservatives, that I hope, if nothing else, if nothing else beyond the entertainment, if nothing else I've helped you do, is to understand the way the other side thinks.
I can tell you this firsthand.
The left doesn't, because they don't try to.
They cannot even entertain the possibility that they're wrong.
They're an entire group herd of amber herds.
That's what the left is.
They can never even possibly fathom!
That they would be wrong.
So, now we look at this hate speech from Apple and Amazon.
Okay, can we bring up the Elon Musk?
He was very clear about what he would do with speech on Twitter.
I believe his tweet was something to the effect of, I'm going by rote here, he said, you know, speech must follow the law.
And Twitter will not do anything that goes beyond the law.
And that's very clear.
So when people say things like, oh, free speech, you can't yell fire in a crowded theater.
You can if there's a fire!
You just can't yell fire because it's a call to action if it's a lie that harms people.
You can tell someone that you hate them, you just can't actually physically hurt them or call someone else to an action to harm them, because the crime is the action, not the speech.
The law is really clear on it.
What they want, and they can't even agree on it.
Did you listen to the phone call from the Twitter board?
They're going, well, what are we going to do?
What is going to be considered hate speech?
Like, we don't know!
So you can't give us an answer but you're going to ban one of the top three social media platforms in the world without even defining what hate speech is?
Must be so nice to have no accountability and to have supporters sycophants like Sean King.
Well that's all that it is.
You look at places, here's the problem, is you go to a place where there is actually the dark web, or even places like Reddit that can get real dark or anything, they're not controlled, because they're not big enough to where they can actually sway anything.
The reason why they're so upset about this is because it does take away their ability to sway everyone and everything, and to call people out publicly, and to actually throw out misinformation, do things so insane, like prevent the President of the United States from talking to their people.
I don't ever think that Joe Biden should be thrown off Twitter.
Ever.
No.
And I don't think Donald Trump should be thrown off Twitter.
That was absurd.
No.
That's what they're pissed off about is they can't get, they're no longer, not even at this point yet, they're afraid that they'll no longer be in charge of the message.
Right.
And they're the ones that are pulling out the rug right now.
They can't handle that the least popular of the big three social platforms are Facebook, Instagram, and then YouTube.
So Facebook, Instagram is a subcategory.
Then YouTube is sort of a subcategory.
Then you have Twitter.
These are sort of the big three.
They're concerned that they just won't have control over the third.
And think about it, it's the same plan of attack that they had with media, right?
They had ABC, NBC, CBS.
Then cable came out and they had CNN and they had CNBC and MSNBC and Fox News got A market share.
Now, why did it work?
Why was it so successful?
They got the market share for whom there was nothing available despite being 789 networks.
And they would say, they would complain, and try and create laws to kneecap Fox News.
It's the same thing that's happening here.
Well, you have Facebook, you have Instagram, you have TikTok, along with the Communist Chinese Party.
You have Google, Alphabet.
You also have YouTube.
They have independent fact-checkers who, by the way, are getting their information straight from the White House.
Seems like now you have a little bit of Spotify.
Yeah, but we want Twitter too!
Yeah, yeah, yeah, but there's Fox News!
If there's even a chance that people hear an alternative point of view, we're going to be harmed.
Just like the New York Post story.
With Hunter Biden, we know it would have affected the outcome.
Hey, there's been Russiagate.
There's been Donald Trump peeing on prostitutes.
There's been him basically, you know, shaking hands and having midnight orgies with Putin, for all you know, with these articles coming out from the New York Times and Washington Post.
False story after false story after false story.
Verifiably false.
They don't have to have accountability for themselves.
They don't.
New York Post needs to be removed.
You've got Facebook.
You've got Twitter, though.
And then they all... You think it's chance?
Why do you think Apple and Amazon You think he's just chancing?
If Sean King is right, and by the way, I don't necessarily, I tend to think it's a 50-50 shot that he's just making stuff up, but... The fake, yeah, the fake guy who made a bunch of money off BLM.
Right.
But he is a quizling, and so they will use him and throw him a bone every now and then.
Yeah, I mean, he does own a Boys in the Hood shirt.
Yes, he does.
He does.
But even though to me he seems about as black as a water polo.
Yes.
Seems as black as actual polo.
Yes.
But if it's true, you think it's just by happenstance that Apple and Amazon, the other richest guys out there who are powerful, happen to come together to try and take down the one rich guy?
It doesn't require any inconsistency for me to say, all right, Elon Musk wants to take over Twitter.
Great.
I think that there should be Section 230 reforms.
Oh, okay.
Someone else owns another platform.
Great.
I think there should be Section 230 reforms.
But for them to say, hold on a second, we need antitrust, that's what Jen Psaki just said the other day, which by the way has nothing to do with 230.
That's the bait and switch.
She said 230 looking at antitrust with these big companies?
Oh!
Hey!
Antitrust!
How about Apple and Amazon today in agreement to remove Twitter?
To harm one of their competitors.
Huh?
What about antitrust?
It requires inconsistency from the left.
It's not a product.
It's not a symptom of progressivism.
It is a requirement to be a leftist.
To abandon the concept of consistency.
But we didn't give Elon Musk his billions of dollars.
No, we did not.
This is a guy who made his money.
Well, they bought his cars.
Yeah, they are mad that the guy who made the electric car is drivable.
It's crazy.
You drive his cars and then you're mad at him.
You're like, ah, this bastard, I gotta get in this car now and drive to work.
I know.
It makes no sense.
But you're angry at him, but you're not angry at the government who's printing out trillions of dollars while taking your trillions of dollars and mismanaging them.
Yeah.
You're pissed off about what a guy's doing with his money.
Right.
What do you care?
Right.
When you look at somebody like, okay, Bill Gates, MSNBC.
Do you have a problem with that?
It's the same thing.
Right.
It's another source of information that's owned by a billionaire pushing that out to the public.
Jeff Bezos, Washington Post.
Right.
Is that a problem?
Is that a problem?
It's all the same thing.
Docs!
Think about this.
Jeff Bezos, Washington Post, one of the most powerful men in the world, had a reporter who was walking around with daddy's checkbook, daddy in this instance is Jeff Bezos just to be clear, doxing an anonymous independent content creator with libs of TikTok.
And you guys say you're for the little guy?
While creating the Ministry of Truth?
And I'm slowly stopping.
You know, you eventually had to start using Amazon with the pandemic.
Right.
You're like, I can't go nowhere.
Right.
I'll have this guy come here instead.
Right.
But I'm slowly stopping to use Amazon.
I just don't want to deal with it anymore.
I just don't want to support the company.
Right.
And it's not against people that work there, it's just I don't like him and I don't like what he's doing.
Well, it's also changed after Black Lives Matter.
You know, you want to go to brick-and-mortar stores.
I do, yes.
But unfortunately, the stores just have bricks through the windows and they've been hit with mortar shells.
Yeah, it's just called mortars.
Do you want to buy this car?
Not really, it's on fire.
Yeah, well, you know what?
Fine.
Would you like to buy a 93 door?
Yeah.
Would you like to buy a 93 Oldsmobile?
You can go over there to the theater.
They still sell some.
It's basically a used car lot.
Hey, speaking of consistency, by the way, the consistency of our sponsor here today, Good Ranchers.
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Yes, on the toilet with balls full of steak and coffee.
This is one of those rumors.
Remember when people believed that?
It's like, it's not possible.
All right, so here, speaking of that, you were talking about printing money.
This is something I really want to talk about, too, is the recession that's coming up.
And by the way, we're going to go to a chat.
By the way, I thought we were in one.
I know.
Good news, there's another one on the way.
No, no, no, no.
You're someone actually feeling the effects.
You're not an economist on television.
It's the second tax bill I've got where I'm like, wow, all of it?
Right.
I was driving yesterday, and I was talking to one of my family members, and this actually happened in the middle.
This person was talking about something very serious, a health issue that had come up.
And I was like, yeah, no, I'm listening.
Well, you know what?
You got to put it in God's hands.
And I just, and pardon me if you have kids, I just, well, I guess I'll hit the mute button.
I was listening.
I'm like, yeah, well, look, I'm here.
And the reason was I saw that gas went to $3.99 so fast.
It went down for a minute.
$4 in Texas.
I don't even know how that happens.
Mine takes premium.
It's almost five, again.
Good Lord!
So, let's go through this.
Okay, according to the Consumer Price Index, and I want to fill you in on this because a lot of people sort of, again, talked about the economy.
Let me consolidate it so you understand why.
We have never been in this kind of a scenario, ever, in the history of America, and it not resulted in a bad recession.
This isn't me doing a Jim Cramer, saying, Bye!
Sell!
I'm just telling you.
It's never happened before.
It's been a 100% chance that with all of these indicators, you have a very bad recession.
And by very bad, I mean get worse than it is now.
So, according to the Consumer Price Index, inflation rose by about 8.5% year-over-year in March.
That's the biggest increase in over 40 years.
So to give you some context, food is an 8.8% increase.
Energy, 32% increase.
And I know what some of you are saying, that sounds really low, right?
Food only 8.8.
You would take that as a win.
That's because these numbers are actually the result of, again, tweaking the methods of measuring inflation so it seems much lower than how we've measured it historically.
Don't take my word for it.
People think of us as having had 13, 14% inflation in the 1970s.
But that's only because of the way it was calculated then.
If you use the same way we calculate inflation now, it got just above 10% in the 1970s.
So getting to eight and a half, we're actually closer to being back there than I think most people realize.
Now do you notice what he said?
He said we're closer to being back there.
Now I'll say, I don't know if you know this, but that was a lie.
Yes.
Yeah.
And the reason why is because if we're using that same sort of 1980 model, if it was the same model being used today, inflation would actually be closer to 17%.
So he's like, we're almost there at the 11 or 14.
It's like, no, no, no, look behind you.
That's there.
It's 17%.
And they get away with this!
They're just like, uh, yeah, yeah, yeah, yeah, no, inflation's only eight and a half.
They're like, wait a second, what about, uh, well, how are you doing that?
Oh, no, we used to do it this way, but we're not doing it that way anymore.
When in the 70s, I wasn't around, but through various documentaries and movies I've seen, people didn't drive anywhere.
Right.
They really just stayed at home and cooked.
Like, it was a real problem.
Yeah, no, that was a documentary about last week.
Oh, I see.
Oh, you're right, I was watching the news.
Yes, yes.
That's what it was.
Now, regardless, and here are a few key indicators, like you're talking about.
There's a disconnect between what they're trying to claim on media and what you're experiencing.
Regardless of what Biden has been saying, real wages are not going up.
So in 2021, inflation actually outpaced wage gains by 1.5%.
Yeah, you're losing money.
You're losing money.
Absolutely.
It's the greatest tax One way to fight inflation is to drive down wages and make Americans poorer.
is inflation. It's effectively a tax for you as you experience it. Your money is now worth less
than the day before. That's a really big problem. Everybody is feeling it. Now, let me explain to
you the methods that the left will tell you would work and exactly why historically they've worked
0% of the time. Here is former Vice President Biden's brilliant plan.
One way to fight inflation is to drive down wages and make Americans poor.
I think I have a better idea to fight inflation. Lower your cost, not your wages.
Oh, oh, I, I, I...
Of course!
We could have done that.
You know, yeah, that's a good idea.
You should, uh, here's an idea.
Go to, uh, Russia for gas in China.
Yes, exactly.
That's a good idea.
Instead of sourcing it at home.
Lower my costs, not my wages.
I didn't, oh, okay, so if I'm a farmer, just lower the cost of the raw materials, like fertilizer.
Better yet, I'll just lower the costs of ammonia.
You know, I'll just lower the costs of feed for the cattle.
Right here, I'll just lower the costs, the energy costs of heating and lighting a studio.
You know, I've done the math, and I have a bullet for me and every one of my family members left over.
You are a miracle in cost lowering.
This is great.
I should call you Dave Rollback.
Thank you.
What an ass!
This is the problem, though.
People listen to this and they go, yeah, that makes perfect sense.
What, do you think they're just gouging you?
This is the problem with this country.
People think that if you franchise a subway, you're a multi-billionaire.
They think if you're a farmer, if you own a business, you're automatically a billionaire.
You're not!
Most people struggle for a very long time to own a company, and if you're lucky, you come out on top.
People, you know, if I do airport runs and I pick them up in my car, they go, oh, really?
Yeah, that's always a nice feeling.
Sorry, I just would have expected better.
I would have expected better.
Look, I'll tell you this, the cost of just, because we have to get the mugs, unfortunately, overseas, but we have Americans who paint and etch these mugs.
The costs have gone up dramatically.
We haven't raised the cost for Mug Club, for people out there.
Why?
Because we don't want to.
We know that you're hurting as well, but I will tell you, it's a sting.
We have to just cut some costs somewhere.
We can't just bring down the cost of someone else's shit!
So that's his plan.
Okay.
So barring that genius, uh, ten-year plan... He should sell a hundred and just pay less for Coke.
Yeah, he should.
No, just shortchange your dealer and see how that works out.
That's how it started.
I would just smoke the drywall.
Yeah, yeah.
It's fine.
That's why I went for cheese.
So, the Federal Reserve, the other thing they'll have to do is, the Federal Reserve is going to have to raise interest rates.
Now, for people who don't understand this, you hear this a lot, right?
I don't know if you, when I say the Federal Reserve raises interest rates, you might have some questions.
Well, yeah, I get it.
Okay.
Some people out there, and this is not because you're ignorant, but a lot of you aren't economists, it basically means the rate at which commercial banks borrow and lend, right, from the reserves.
This is what we're talking about with the Federal Reserve, okay?
Because some people will say, well, if they raise interest rates, that's not my rate.
Well, no, we're not talking about your rate, necessarily, with the bank.
That's what we're talking about.
Well, the rate you have locked in is not going to be, it's going to be yours.
Right.
So, that's exactly what this government plans to do.
They're going to raise the interest rate.
For new buyers.
To 2.75%.
For now.
By the end of next year.
Let me give you what they would argue.
In theory it's simple.
The Fed raises interest rates.
That decreases demand and inflation falls.
That's never happened, as the Wall Street Journal points out.
And believe me, I'm very careful to couch my words.
It usually doesn't.
Because someone can find one example.
Hey, ask me if any, like, point to any example.
Well, let's see.
No!
There you go.
So, the Wall Street Journal.
You remember the 2008 housing crisis?
No!
It's never worked!
You can get a house for basically free with a 5% interest rate.
That happened.
Wait, so you mean you're still paying us to look for your home?
So the Wall Street Journal pointed out this.
This is a quote from the Wall Street Journal.
The Federal Reserve is setting out to do something it has never accomplished before.
Reduce inflation a lot without significantly raising unemployment.
Now the goal is to lower inflation by 4%.
Okay.
They've never done that, again, ever, ever, ever, ever, ever, ever, without causing a recession.
Now, rapidly increasing interest rates, that is horrible for economic growth.
Take it from someone who isn't conservative, and not me.
What you have is enough tightening by the Federal Reserve to deal with inflation adequately.
There's too much tightening for the markets and the economy.
So the Fed is going to be in a very difficult place a year from now as inflation still remains high and it starts to pinch on both the markets and the economy.
Right.
So what they're trying to get here is what they call a soft landing.
They use terms like tightening.
Yes.
Raising rates.
Because if you hear tightening, you're like, oh, they're going to tighten.
They're going to become more fiscally responsible.
No, no, no, no, no.
There's no borrowing and printing money.
The term tightening, it's almost the opposite of that.
Well, it means you have to tighten your pockets if you want to survive.
Yes.
That's what tightening means.
Exactly.
Yeah.
While the Fed lives high and the hog, we will survive.
I would rather go back into the jail and take my turns with men.
It would be extremely painful for me.
Have you been to Kroger?
That was right.
So, uh, they want a soft landing, they want to try and curb demand, and they want there to be no layoffs, and they want to try and decrease inflation, and they want to avoid a recession.
Here's the thing.
Trying to make all of those things work by raising the interest rates, it's an incredibly unlikely scenario, and by unlikely I mean it's never happened before.
Listen to someone say it again, and then I'll explain why.
So is the soft landing just pie-in-the-sky stuff?
Um...
When you say soft landing, there's no going to be, it's pie in the sky stuff.
I think that most likely what we're going to have is a period of stagflation.
Which is a soft landing without a parachute.
And then you have to understand how to build a portfolio that's balanced for that kind of an environment.
The stagflation rises!
For people who don't know what stagflation means, it's basically a scenario where you have high inflation in a shrinking economy, high unemployment.
Okay, just to be clear.
So they use these terms, tightening, soft landing, stagflation.
And when I was learning about this, I was about 16 years old when I started taking an interest.
I would fake like I knew, like, oh, yeah, stagflation, then go back and read it and go, okay, now I understand for the next conversation.
So hopefully this helps you.
You're not stupid if you don't know all these terms.
It's designed to obfuscate.
I'm trying to simplify it as much as I can so that you can understand it.
Their goal is to ensure that you don't understand it.
It's throwing off a guy who's an expert in this.
Right.
Yeah, you shouldn't know all of it.
That's the goal.
And the reason why is because they want you to trust the authority figures.
They don't want you to have access to the science from reporters.
Like all of us, they want you to trust the science.
Fauci.
They don't want you to really know... If they just say, well, we're talking about a scenario with high inflation and a shrinking economy, high unemployment, you'd be like, that sucks.
We'll just call it a stagflation.
What?
It's not as bad.
We'll just call it a soft landing.
They want you to not be able to understand this so that you have to trust an authority figure like the Ministry of Truth as it relates to disinformation online.
My goal is to try and make this as simple as possible.
That's reductive!
Dear God, I hope so.
So, the Fed has tried this many times before.
Let me give you some historical examples.
Okay, 1950s, they tried to do this.
You saw inflation spikes, you saw recessions.
1970s, inflation fell, then it surged higher due to outside factors like you had the oil shock.
I don't think many people would argue the 1970s was a booming economy that the American public was proud of.
You had the early 1980s where the Fed pushed the interest rates to 20%.
Recession, double-digit unemployment.
Now, You do have 1994, Alan Greenspan raised the rates from 3% to 6% and unemployment stayed down.
Here's the thing, in that case, the Fed was ahead of inflation.
Right now, they're behind it.
So if someone says, well, what about the Alan Greenspan?
There's a name you haven't heard in a while.
There's a difference between being ahead of inflation and trying to catch up with something.
It's like, imagine, right, a car in front of you versus a car behind you.
It's just you and a car.
You have the same pieces.
You have the same elements, but a very, very different scenario.
One is something you'll never catch.
One is going to murder you.
True.
It just makes common sense.
So this is according to a Stanford economist, John Taylor.
He wrote this.
This is not the only time in history that they've been behind, but they are strikingly behind.
Now, there are a few things that are going to make this even harder and worse, because you're saying, well, maybe this will be the first time where they'll get it right.
Yeah.
Because it's not like there's a litany of confounding outside factors right now that would take this entire stew or gumbo of fuck-up-edness and make it worse.
Like Russia's invasion of the Ukraine, which reduced the oil supply worldwide, leading to higher oil prices, right?
You have a 13-year high.
Higher gas prices, more expensive shipping.
You have a second shock coming to the economy when you have all these Western refineries.
You're talking about these European nations.
They're now walking away from Russian oil.
And it's not just Russian oil.
That's compounded by the fact that we have an administration who's made it very clear that they don't want us to be energy independent because they want to move us to what?
You think he's gonna be stung?
Elon Musk owns Twitter. What are they going to do?
There's no place for them to go without being raped by their own life's previous mistakes.
And it is wonderful. It would be if it weren't negatively affecting you.
You think this guy, who right now is on CNN, former Vice President Biden,
you think he's going to be stung? You think he's going to feel it?
Send him more money to Ukraine.
Great.
Great.
Wonderful.
Perfect.
33 billion to Ukraine.
Oh, fantastic.
Well, you don't like Ukrainians?
It's not that, though most that I've met have kind of been surly.
It's that I think we have people in the United States who could probably use that money.
Or, hey, how about this?
Just let us keep it.
I hate that the argument is that Elon Musk could do how much with this many billion that he spent on Twitter.
That's your money.
You told people to buy an electric car!
Then they did.
And by the way, he made the electric car more affordable!
He has the Tesla 3.
What, you get it for 30-something thousand dollars now?
Oh yeah, they're cheap now.
Yeah, they're not that expensive.
No, for a car now, that's great.
They're all overpriced, nonsense.
It's insane, but yeah.
See, inflation makes things higher.
Yes, exactly.
That's how that works.
The only way, by the way, for the demand for oil would go down.
Is if there's a recession.
So, now we combine that with, again, are we in a better scenario than in the past where maybe this would be the exception?
Well, we have lockdowns in China.
Remember China?
Yeah.
20% of the world's 90,000 container ships are currently stuck off port.
30% of all of that is in China.
Just to be clear.
And that's the red right there?
Yeah.
That's the red.
Was that a graph that came up?
Yeah.
That I saw?
Yeah.
That's exciting.
So you have these restraints on supply chains in China.
It impacts all kinds of industries.
Electronics, home appliances, textiles, everything.
And here's the thing, when there's a low supply and you have this overheated demand, that's
again when you end up with inflation.
Also something to take into account, keep in mind, you gave people money during a pandemic, you locked it down, and you gave them money for products that didn't exist because the shelves were empty, so they're sitting there with money.
Guess what that does?
That also ends up leading to a disruption of the supply chain, to a disruption of the value of the dollar.
Anyway.
Oh, we have a clip.
Okay.
The Shanghai lockdowns right now, they're not getting any better, of course, because, uh, right now in Shanghai, you may not know this because... So there's still just people starving to death.
Well, they're literally being fenced in in Shanghai right now.
This is unbelievable.
Come out and get your test.
Yeah.
We heard the Fauci say pandemic is over.
Shut your mouth!
Saki speak otherwise!
Where is the dog with the megaphone duct taped?
This is terrifying.
And keep that in mind every time you see, I don't know, like a red dawn where we have
to remove the Chinese flags and replace them with North Korean flags, or every time John
Cena comes out and has to apologize to the government of China because they don't want
to offend them.
The people who they are appeasing are the government officials doing that to their citizens!
So don't accuse me of racism or anyone here of racism because we hate the Communist Chinese Party.
Because we hate what they're doing to those Chinese people and you're not doing shit.
You're kowtowing.
Now there are fears of lockdown spreading to where?
Beijing.
That's going to hit global markets too.
You've already seen it happen with shipping.
You've already seen, well we've already gone through that, you can hit all the rest.
Beijing is a huge market if that hits that.
Yeah, it's a huge.
Terrifying.
Yeah, John Cena's going to be out of a job.
Yeah, I mean, how many times can you pretend the countries don't exist?
I don't know, I mean, it's like, I mean, you can make it your thing, you know, like Senior Wen says, like, so right, there's no Taiwan, so right, no Taiwan!
Hey, do it like we rehearsed, these are good people.
Just showing up to make a wish.
Before I come in, do you think that this country exists?
Yes.
And none of these children are Taiwanese, correct?
Is that what you want to make sure?
No?
Oh, there's one?
He's going to need to leave before I shake hands.
Could I just pull the chemo from him, sir?
How quickly can we get him out of the way?
I accidentally flipped one of the beds.
And I'm all natural.
That's why I'm 50 and look like this.
And my forehead has grown 18 sizes.
I have to get baseball caps custom-made.
What steroids are you taking?
Frankenberries?
Yes.
So, you combine the international effects, and now let's go with the US government spending.
Again, this recession.
These factors have never added up to anything other than shit!
So the United States has borrowed, they've spent $6.4 trillion since COVID hit.
Now in 2021 dollars for context, World War II cost us $4.1 trillion.
So $6.4 trillion.
You know, just in the dollars, versus World War II, $4.1 trillion, and that actually affected the entire world.
Yes.
Yeah.
I mean, we dropped the bomb!
We beat Hitler.
Yeah.
Yeah.
And finally those Japs had to pay, right?
We're a useless society.
I mean the world, not just America.
Let's say you really do.
You think COVID is this pandemic and you hate it.
Look, do you really think that this government actually believes, when you look at what we know about COVID, that it was more harmful to humanity at large?
Then Hitler and the Axis of Evil?
That's a pretty tough argument to make!
Comment below if you want to make it!
Change my mind!
Well, they're using the same disease tactics, depending on what part of the world you're in.
Yeah, I guess.
I have no idea.
I don't know what diseases they had, but...
Hitler, you are such a disease.
Well, Hitler lied about them having diseases.
That's true.
Kind of like the Chinese government is lying about stuff.
No, let's not.
No, we love China.
No, China's the best.
Taiwan's not a thing.
So, here we also go back to what happened during we shut down the country, you had the government stimulus, right?
They also played a huge part in ruining the job market, okay?
Gave people money to not work.
So, what happened?
Still are.
Right.
They still are, yeah, in some cases they still are.
So in February there were 11 point something million job openings.
What do we have?
11.3.
Okay.
That's four million more job openings than pre-pandemic.
So will they try and tell you we're bouncing back?
We're not.
That's what we would call, in this industry, it's, you know, entertainment industry nomenclature, a lie.
So there's 4 million more available jobs than pre-pandemic.
So what happens?
Look, this is very simple.
You can either just believe Joe Biden who says, hey, businesses, lower your costs, or understand that companies that need workers have to increase wages.
Remember when they used to fight for 15?
Remember when that was a thing?
Now they're fighting for 25?
Because 15 is a starting job.
Fifteen's a starting job right up the street at Dunkin' Donuts.
You become a shift manager within like three weeks, and you make $17.50 an hour.
Now they're saying that's not enough.
Well, you know what?
Here's the thing.
For once, the unions are accidentally correct because of the inflation due to the politicians who you give 99% of your dues to elect.
So, companies need more workers.
What happens?
They have to increase wages.
And what happens?
The prices go up!
In March, the United States participation rate for the labor force was 64.2%.
That's lower than pre-pandemic!
We have more job openings than pre-pandemic.
And we have fewer people even trying to participate in the job market than pre-pandemic.
We have crazy inflation that we did not have pre-pandemic.
We have crazy gas prices that we did not have pre-pandemic.
Now, what happens?
Biden says that he wants to forgive.
What solution?
More than 1.5 trillion in student loans.
So, that sounds nice because people go, that means I have to pay less.
I like paying less for things.
Vote.
Here's the problem.
Where do we get it?
Borrow more money.
Or print more money.
I don't know if you know this.
If you have ten of something as opposed to one, ten makes it less valuable.
Just think of baseball cards or superhero cards when you were a kid.
It's never happened that the Fed prints more money without inflation following.
And by the way... It would be impossible.
It'd be impossible.
Absolutely impossible.
Unless you just lower your cost.
Well, sure.
It's lowering your cost.
Stop your complaining.
Well, if you make two of something and you have it, you've lowered the value of one.
Yeah, I know that when I, you know, when I cook a whole tray of the Nestle Toll House cookies, I should appreciate, I should savor each bite, but at that point I don't because I know I have another one.
Oh, you've thrown out some of them?
Yeah.
Yeah, some of them go bad.
You don't even care at some point.
I just rub them all over myself?
It's nonsense.
You've seen Scrooge McDuck with all the money?
He swims in it!
Yes, you do it with cookies.
I've been to your cookie vault.
Why?
Because I can!
I've broken into your cookie vault.
Yeah, I know.
I just see a Dave-shaped hole.
Yeah, you'd be surprised.
Landing on cookies?
It is softer than coins, but still immensely painful.
It's a soft landing.
It is.
It's a very soft landing.
It's a pie in the sky.
There's chocolate chipflation.
It's a cookie in the sky landing.
Yes, very messy.
What a delicious mess.
Here's the thing, it's not just right-wing economists who are concerned about this coming and this is why you don't really see it.
This is why they want to talk about Ukraine.
This is why they don't want to talk about COVID.
They don't really want to talk about Twitter.
They want to operate behind the scenes in the darkness, right?
So they don't really want to talk about the economy because even their own people acknowledge what I've just told you.
Here's former Clinton Treasury Secretary Larry Summers sounding the alarm.
Larry, there was a Bank of America survey of fund managers out this week, and the big headline was concerns about stagflation.
It's higher than it's been since certainly 2008 or so.
How concerned should we be about stagflation?
You mispronounced ever.
I think it's the most likely place we're going to be.
If stagflation means rising unemployment and still high inflation, I think that's the preponderant probability as to what we're going to get over the next couple of years.
As I've said before on your show, David, the painful fact that needs to inform our view is that we've never had a moment when unemployment was below four, inflation was above four, and we avoided recession for the subsequent two years.
No one's saying that.
No one's saying it's not for you.
inflation is well above 4. Lots of people say look the job market is so strong why
would anyone think we're gonna have a recession. No one's saying that. What the data shows is that the lower
unemployment is the more likely it is that it's going to turn down in
subsequent months. All right look.
But that guy just said it's bullshit.
Let me give you a wrap up, okay?
Just so we can... Let's go through the sequence of events.
Alright.
Shut down the economy.
Destroy the world.
Spend more money than we actually spent during World War II.
Yeah.
Okay.
Do that.
Then we punish businesses.
We force them to stay closed.
We give people money to stay home.
Then we make sure that we are no longer energy independent, or we ensure that we won't be energy independent in the future.
And then we have extraneous factors here, like China, we have Russia, we have Ukraine, which skyrockets the prices of oil, right?
So gas, energy, and instead the solution that we see coming from this administration is, hey, just reduce your costs of goods.
So what happens?
People are paid to stay home and not work.
Businesses, now that have, if they're lucky enough to still be open, Have to pay more for the same product and pass that cost on to consumers.
Again, more inflation.
Then we borrow more money than ever in the history of the United States and print more money than ever in the history of the United States, which we know leads to more inflation.
And now in this case, what we just want to do to solve it is spend more money and raise interest rates, which again have caused more inflation.
But the good news is they're spending more time on ensuring that your six-year-old can transition from Chet to Sparkle.
So they have their priorities straight.
They're also making sure that misinformation online isn't getting out there.
They're making sure that they communicate with the folks at Spotify and Apple and Amazon to ensure that Elon Musk, the guy whose cars they just told you to buy due to their skyrocketing energy prices and the all-time high gas prices, by the way, to make sure that their guys now hurt their competition and Elon Musk on Twitter because, God forbid, you actually have access to free information.
Look, let me ask you this.
You see all these things happening.
Look at each individual step.
All references available at LottoSky.com.
How are any of them justified as doing it for you?
The only one that someone can make an argument is the $1.5 trillion in student loan forgiveness if you're a selfish prick.
But outside of that, it's pretty hard to even argue that these were done to help you, the working American, or the small business owner.
Never!
It's been designed to help them, and you are dealing with the consequences.
We have never had a similar scenario.
I'm leaving you with this.
We have never had a similar scenario, taken these same steps, and ended up with anything other than the American taxpayer, and that's all American taxpayers, Not just the poor, not just the middle class, not just the rich.
All American taxpayers being screwed.
Period.
An exception?
No.
No exceptions.
We're going to take some chat and there's also an inter-office fight here over a wheelchair which is going to get heated and we can't talk about on YouTube.