The purpose of government is not to be married to corporations, with each reinforcing the other. Government's legitimate role is not for the protection and growth of corporate profits; and corporations are not meant to strengthen government's destruction of our freedoms. But alas, this is the type of system that Americans have been living under for a very long time. Today we're discussing the "miracle" covid vax that the vast majority of Americans are now refusing to take. The truth always wins in the end. Even corporatism is no match for it.
Hello everybody and thank you for tuning in to the Liberty Report.
With us today we have Chris Rossini, our co-host.
Chris, welcome to the program.
Great to be with you again, Dr. Brown.
Very good.
In a bit we're going to be talking about corporatism and some good news about why it's failing and that should be good for everybody.
But we'd like to encourage that type of thing.
But before we do this, I wanted to talk about the markets a little bit this morning because lots of things were happening.
The report came out and said the employment is not going quite as well.
They even had to adjust a couple months back and they were fudged and they were made to sound better than they really were.
But today there were more people not as employed as they thought would happen.
So that was a negative and by the markets it was assumed, oh boy, now the Fed can't raise interest rates anymore.
And we like low interest rates and that's good for stocks and stocks have been going up and so that's going to continue.
But the gold market looked at this a little bit differently because how can they keep raising interest rates to prevent the inflation coming?
Now all of a sudden they have to lower interest rate because the recession is coming.
And they react minute to minute.
And it was messy, but we saw gold jump a lot.
And I shouldn't say that.
I should say the dollar took a beating when it's valued by gold because these numbers are not good for the economy and it really confuses the bond markets and the borrowing.
But you know, I think gold is a haven.
I think it does protect us to a large degree.
It's nothing perfect about it, but when you're talking about monetary instruments and finances over the centuries, gold has served as a haven.
But there's nothing magic about it.
It's not perfect.
Because I was thinking, I started getting really involved in the 1970s, even the 1960s, but we weren't even allowed to own gold then, but we knew we were spending more.
And a lot of economists predicted the Bretton Woods would break down, you know, and it did.
So gold went from $20 an ounce when the Fed took over.
And by the Depression time, the gold was raised to $35 an ounce, even though we weren't allowed to own it.
But then finally, gold became legal, and Bretton Woods ended, and there was a much more market pricing of gold.
And gold went from $35 an ounce up to $800 a month.
And over the next 20 years, you'd say, well, it kept printing money.
Yeah, they did.
It was steady.
But it wasn't like this straight up because there was, you know, at first, it was way behind that $20 and $35 an ounce.
It was way behind because they were printing money.
So there was catch up, and then there was overshooting the targets.
So the markets aren't perfect either.
They go up and down, and they undershoot and overshoot, but the market works that out.
So the episode in the early 1970s, you know, ushered in a time when we ended up finally owning gold.
The bear market, you know, ended in gold, and it went from $35 up to $800.
And it took 20 years for it to turn around and say, watch the money supply.
The money supply is going to do it.
Some people argue, gold didn't help.
You know, there was all that debt and they were printing money and the price didn't go up.
Unbelievably, the market decided to undershoot.
So they took gold down to $270 at the beginning of this century.
I thought it was a good time to buy because it was just the way the market works.
And since then, it's gone from $270 up to $2,000.
But my point I want to make quickly here is people should think about this and think about what they can do to help protect themselves.
But since it was $270 and we had these 23 years, it's gone to $2,000.
And today it takes a big jump.
And temporarily at least, it's over $2,000.
And when it's solidly over $2,000, expect this thing to really go.
It doesn't go by small percentage increments.
Gold over these many years now, it goes up a lot percentage-wise.
So I expect that's going to happen because I don't think this is a sign that there's going to be a major correction in gold.
I think we've been through that, and predicting events immediately is very difficult.
Well, this is one reason why I work with Birch Gold is because they do provide information.
The more information we have, I think the more information we have to get people to understand why limited government and sound money is good and that's an educational effort.
But that people need to be educated as to how and what is available to invest in gold.
And that's what the Birch Gold Company is all about.
What they do is they provide information.
And the invitation coming through me today is that if you're interested in getting more information from Birch Gold, you do this.
You look at the number on the page there and text Ron 989898.
And they'll send you something.
They'll send you information.
And you can take a look at it.
They won't charge you any money.
So information is very, very important.
Getting it in a miscellaneous way, I think, over the internet and hearsay, sometimes it's helpful if you can trust the source.
But I just look at it by the way, I try to read everybody.
You know, I even listened to the Federal Reserve Board chairman when I'd ask him a question because I was always complaining that gold is money.
So I asked Bernanke, is gold money?
And he, you know, he became wide-eyed.
He said, no, it's not money.
Well, where do you go then?
How do you protect?
Oh, you rely on the Fed.
The Fed will take care of the economy and just go to work, pay your taxes, and everything will be okay.
So, no, and I told him at the time, I said, if you could do that and declare that gold is no longer money, boy, I say, you are a powerful person because it's been money for 6,000 years.
And he wasn't laughing at that point.
The time was called.
So, anyway, once again, I think it's important.
I think it is a haven.
But you can't expect it to do and look at a chart and say, well, the money supply went up 10%.
Prices are going to go up 10% and they'll go up evenly and wages will go up 10%.
It's nothing like that.
You know, the one place, you know, most libertarians and constitutionalists realize democracy is dangerous because it's a dictatorship of the majority and minority rights are not protected.
So in the marketplace, though, every nickel, every penny, every dollar, every gold ounce people spend, millions and millions of people over centuries, they are, that is democracy.
They're voting with their money and they have directions that all kinds of things affect it.
And the human action that Mises talks about indicates that the human actions and the emotions can do this.
Government actions, weather, wars, and everything else have variable.
But long term is what convinced me and many others that if you get concerned about our conditions, and believe me, if somebody says, Wait, what are you talking about?
I'm not concerned.
Things are coming.
My checks are coming in the mail, and I have Social Security.
And then you probably think, I don't know, you're not quite ready, but keep listening because we do need to protect ourselves.
And that's where it's difficult.
The most important thing, of course, is that we have enough freedom to protect ourselves.
Right now, we do.
There was a time when we couldn't own gold.
We can do it today.
So, once again, I want to urge you, if you're interested in more information, go and text Ron, 989898, and they'll send you some information.
So, Chris, what we'll do now, we're going to follow up now and be more specific on an economic issue, which is very important because it's a big issue.
It has to do with the principle of corporatism, fascism, and socialism, all these things that maneuver and manipulate the economies.
I would say the United States has followed the principle of interventionism, which gives them a license to do anything they want whenever they want it.
So, it's miscellaneous.
But there's also great dangers about this because sometimes governments get too big and they want to control, say, medicine and giving you shots and all these details, like we had to go through with this COVID.
People Waking Up00:06:05
And Chris has been doing a little thinking and research on this, and he finds out that, you know, maybe it didn't work so well, and maybe some people are waking up.
Chris.
Yes, that's right, Dr. Paul.
We see in the headlines today, it's a lot has changed over the years.
The big pharma vax companies are not doing so well.
And, you know, we just have to go back not too long ago where we were told that these mRNA shots were a literal miracle.
And people were losing their jobs for rejecting to inject this miracle into themselves.
You know, think back to New York.
This is a major state.
The governor was saying that God wanted everyone to take this shot.
And the mayor of New York City, he wasn't so religious about it.
He was giving out burgers and fries.
At the time, Moderna's stock was $500 because their so-called customers were being coerced to take their product.
And today it's in the 70s, so it has crashed.
And we see now headlines that Pfizer and Moderna are in big trouble when it comes to these vaccines.
Nobody wants them.
We saw the latest that I saw from the CDC is only 2% of people are getting these updated jabs.
That means 98% are saying no.
And so a lot has changed.
A, it means the truth does win out in the end.
But, you know, I'm disappointed because, you know, even though we don't agree with the policies advocated by the left, they were totally captured.
You know, when you read their tweets, corporations, corporations, you know, it's good for them to keep corporations' feet to the fire.
But they were advocating rapidly that people must take this corporate product or you're killing everybody.
And it was all nonsense.
You know, and then they moved to the Ukraine war, so where $100 billion are gone.
This is, again, big corporations.
So the left has to snap out of it.
They're being used to make these big corporations massively rich.
So hopefully they snap out of it because they are now a party of government plus corporations.
And that's not what they used to be.
Well, what I'm encouraged by is that the people are waking up and they're starting to reject this nonsense.
And there's a big effort on right now by the companies and by the government, the authoritarians, and the people who want to destroy the system that we have.
And they are behind the eight ball right now because here they're trying, they're overflowing with the vaccines, the booster shots.
And they're begging and pleading for people to come take it.
And who knows, there might be even a side benefit from this that people may wake up and realize that even getting flu shots might not be as necessary as they claim.
And then, you know, when it's foreign policy or economic policy and they do dumb things, I keep thinking, what is the motive?
Are they evil people?
There's a bunch of them in there.
A bunch of them is just evil.
It's no good.
No good around.
And they do it for power, power reasons, and they want to control people.
And then they are motivated to use a lot of fear to get people to do these things and obey the government.
And then there's a lot of lies told.
So it's very, very disruptive.
And ultimately, it attacks our liberties.
And I virtually just described what happened with COVID.
That's what they were doing.
And COVID had various motives.
I think one big one was the greed of the pharmaceutical companies, and they had the control.
But it wasn't good medicine, believe me.
They were not in the business of colluding with doctors who were still practicing moral medicine and doctor-patient relationship medicine.
They were dealing with big companies and force and scaring people, and everybody had to take these shots.
And this is something that they will use.
They use both the fear-mongering that they have and this motive to make more money.
Also, they'll use the fact that they'll scare people by saying, you've got to take it or everybody's going to die.
It's so powerful.
And right now, people are waking up.
It's finally getting to see some articles that really, there was no significant number of people who died just from the shot.
But now they're starting to find out that there's more people now dying from the shot.
Way more people.
And I think that people are hearing and reading about this.
Young people, especially with endocarditis and the myocarditis, never was around like it is now.
That's an epidemic now.
And it's been man-made.
And this is a tragedy.
And so Chris and I, as we talked about this, we thought maybe there's a bit of hope in here because it's slow.
But that's the way it is with real war, too.
We go to war for stupid reasons.
We fight it for 10 or 20 years.
And then we slowly get the people to come in.
Bring the troops on.
Well, this is it.
But this one's a little quicker.
It was after about two years.
People got sick and tired of lockdown.
I hope they have their guard up because it'll come back again.
They're also hinting.
But the fact that the resistance is so strong right now that people say, hey, I've taken three of these shots and people are dying from this.
Oh, no, you have to take five.
I mean, it's total insanity.
They've totally destroyed the doctor-patient relationship.
And when the epidemic was roaring and some of the doctors wanted to use ivermectin and hydroxychloroquine, they could get into trouble, lose their job and their licenses.
It was a horrible thing.
So this is serious business, but we're delighted to see that there's some people waking up now, and hopefully we can prevent this from happening again.
Government And Corporate Control00:08:11
But it's the principle of personal responsibility and the principle that governments have no authority nor wisdom to run our lives, run the economy, or police the world.
And that's what we have to address, Chris.
That's right, Dr. Paul.
And part of the reason that they are able to do so much damage is people believe that we need these unconstitutional agencies, the alphabet agencies.
And we saw, especially with COVID, you know, that we'd be better off without them.
They're probably still today pushing these shots, even though 98% of people know that they don't want to take it anymore.
So the FDA, the CDC, the WHO, all of these.
You know, and libertarians, we've been saying, no, you need the free market, not these government agencies, because the government agencies can also be captured.
You know, they could give you a false sense of security, and they can make corporations rich.
You know, but the argument is the opposite.
No, if you didn't have these, these corporations would trample all over us.
Well, you do have them, and the corporations are trampling all over us.
And they don't catch, you can't expect them to catch all the little, you know, people are very creative in breaking laws.
But they don't even catch the big stuff.
They don't catch the Madoff.
The other day, we see Sam Bankman Freed.
You know, there's the SEC.
The financial regulators are at the wazoo.
And all this takes place even with them there.
So what good are they doing anybody?
But they allow, whether willfully or not willfully, these major, major crimes to take place.
So we libertarians are right.
We would be much better without them.
And the big pharma COVID thing was even bigger.
They were going for 7 billion shots.
That was the goal.
They failed, but that was the goal.
So we would be much better with a free market.
We have a long way to go and a lot of education for people to accept such a thing.
But hopefully all of these episodes are at least strengthening our case that we need free markets and not all these alphabet agencies.
You know, this is easy to adapt this to monetary policy.
And what I've talked about quite frequently is that it's people who are really worried about inflation.
Inflation to them is the prices going up, not the printing of money.
But if people get upset enough and they have the proper understanding, what do they have to do?
They have to get rid of one big bureaucracy.
And that would be the Federal Reserve, because the source of so much trouble comes from there, the economic intervention and the foreign policy intervention.
But the other thing that's occurring, and there's a little bit of a monkey wrench put in, the development and the collusion of big government and big pharma.
And they've done this for years.
The first time I ever thought about that problem was when the FDA might withhold certain drugs for the benefit of those who have the drugs and there would be competition.
So there was a lot of politicking going on there now.
And now the government comes in and they take over and test it and they will protect pharmaceutical companies.
And up until just recently, they're making billions and billions of dollars, but it's nice to see the market in its odd way of being democratic and voting with their dollars.
I don't need any more shots.
And I think that is very good.
But the other intrusion to fortify the whole thing about cultural Marxism and corporatism is getting government and big business, banking is already there together and marching.
Now they're controlling medicine and the pharmaceuticals.
And they've certainly done that with the military-industrial complex.
But it's the Larry Finks of the world that I think people should be alerted to because he's running a money market of the largest in the world, I believe, or maybe second place on some days.
Trillions, $10 trillion of money they operate.
So they can change and alter the money.
Some days their movements can be bigger than the Fed.
And yet they work with the corporations.
And they will tell people what they have to do and they'll set some of the rules.
And this is where this ESG stuff comes from.
Have these socialistic rules that if your company doesn't follow these rules of aggressive socialization, you can't get the loan or they'll block the loan.
They'll control you through the monetary system.
And they will work with the Federal Reserve and the government.
And it's all for good reasons because the ESG movement, oh, these are wonderful things.
You as a company, if you want to be part of our gang, you have to do some things.
You have to be very conscientious about the environment.
And they're not on the right side of that issue.
They also want to have people follow certain social rules and regulations and making sure that nobody gets ever discriminated against, all the perfection.
People say, well, no, we don't want to do that.
And also, it has to be that you have to satisfy government regulators too and follow the rules.
And this ESG movement has made it where if you don't have the credentials, they can hurt you on your stocks.
They can make you difficult for you to get loans.
And so a lot of them will capitulate.
That's the only way we can do business.
We have to play this game.
So they invest their money and get approval from places like Larry Fink.
So that, to me, I think is very, very dangerous.
We saw that in so much of the COVID that people had to do it and listen to them.
And then they got the approval.
Otherwise, they lose their jobs.
And so I think it's the whole, the big danger of what we're talking about is it advancing.
Yes, corporatism is when government and business, you know, work together.
And some people say, well, this is just, you know, friendly advice and this kind of stuff.
But no, it gets bigger and bigger.
And that's why it's called corporatism.
And it's also why many people now are warning about actually morphing into fascism.
When business and government become one issue and one unit, you're on a road, if not already there, into a fascist system.
We're not there yet, but I'd like to make sure that we do everything we can to prevent it.
Fantastic, Dr. Paul.
I will finish up with my closing thoughts.
Yeah, power relies on fear.
Wherever you see mass fear, you can be sure that there is a government looking to take away liberty and corporations looking to take your money.
Okay, so, and we are led from one fear event to another, and they're big, big enough to encompass enough people.
Whether it was COVID and we moved immediately to Ukraine, once the Ukraine well dried up and Ukraine is nowhere near going to win anything, it went right to the Middle East.
And, you know, I talked about the left.
Now the right has abandoned everything.
The MAGA is gone.
There is no make America great again because now we are their focus is U.S. intervention in the Middle East.
And with each of these events, our freedom and money are taken away.
So Americans on both sides, left and right, have to snap out of this.
We're being led by our emotions.
And, you know, think of all the, you know, we need to worry about this country, worry about this country, and it's gone.
Those red hats are empty, you know, but it's very, very hard.
Equity Over Authoritarian Profits00:05:54
These people that are in charge of the propaganda are so good.
They're masters of it.
To where everywhere you look, you will see the same message.
And you'll see celebrities say the same thing.
And athletes and sports teams.
They all have the one message, and nobody wants to be different.
They just go along with the crowd because if they're different, they get kicked out of the crowd.
So it's very tough.
But for the few that think for themselves and take care of their families, when you see this stuff, when you see this mass, whatever they call it, hypnosis, psychosis, look the other way.
Beware, because people are getting taken to the cleaners again.
Don't let it happen to you and your family.
Very good.
You know, in addition to the ESG movement, they now have another series of preliminary tests on corporations before they're allowed to join the club and get some benefits.
And that's the DEI group of mandates on these companies.
And the DEI stands for diversity.
They want companies to be diverse, which is very authoritarian.
And besides, you know, the marketplace makes things pretty diverse.
And a lot of time people think that this was mandated.
One thing is when the government decides what should be diverse, they have to be interventionists and demand and write orders and demands and punish people.
And also, they want perfect equity.
I've heard that spelled out by communists and socialists.
Equity.
You know, if you're looking for the maximum amount of production and the fairest distribution of any society, it's a free market system with sound money.
And people have freedom to make their choices and vote companies in or out of business.
People say, well, you mean if the people don't buy this product, they'll go broke.
Yeah, that's what's happened.
There has to be, they have to produce, and the people get to vote on it, buy free markets.
And believe me, that is where you have the greatest amount of prosperity.
It's been that way for a long time because there's always been a marketplace out there.
And when there's people willing, but that people say, well, yeah, but some might be doing it just to make profits.
Yeah, that's right.
Because they can't make the profits unless they satisfy the customer.
But people don't like that.
They say, no, we like equity and we want to make sure the government produces perfect equity in all that we do.
And we want to also take on inclusion.
Everybody has to be inclusion.
You can't exclude anybody from anything.
Merit is thrown out the window.
Just excluding somebody from the football team because they're 100 pounds lighter than they should be and you exclude them.
No, we don't do that.
That's beyond reason.
But it's that way all the time.
We have to exclude people.
How do you do it then if you don't have all these good rules?
Well, you have to adapt a couple principles.
One is very simple to understand.
Everything should be voluntary.
Volunteerism.
If it's social, religious, economic, two people or two companies, two countries, they just have to get together and voluntarily come together.
If one side doesn't agree, you can't have it.
If you're going to buy something, you go in and you say, well, your products aren't very good.
I think I'm going to call the government and make sure your products are better.
No, you just don't buy this stuff.
But the voluntarism is a big, big thing.
And that requires to be enforced is an authoritarian approach.
It has to be the rejection of liberty in order to do that.
And the voluntary approach depends on the principles of liberty.
But people say, but the people will make mistakes.
They're going to buy the wrong products and they're not going to be safe.
Well, look at this.
They've been in charge of the FDA and where they, did they give us safe vaccines?
And the whole thing is, is when the people get in there to have control over us, they will do it for various reasons.
Maybe they're just not very smart.
And maybe they're doing it for profits or some special interest, for the special interest of the military-industrial complex or pharmaceuticals or whatever group they're doing.
That doesn't work because eventually it fails.
That system always fails.
And that is why we at the Liberty Report advocate the solution to this and not being naive because the solution is available, it's understood, and we should work toward it.
But it's perfection in many ways, and that is not about to happen.
And it depends on the morality of the people.
And that is that everybody gets to make their own choices.
If you're in government, it hurts a lot of people, and it's hard to get out of it, just like we're working to get out of the damage that COVID did.
But if you get your freedom and have your freedom, you get to keep all the money you earn, and you get to do what you want as long as you don't hurt people or steal.
And then some people might still fail.
They might not have a good product.
They might not work hard enough.
They might not have it.
But then they say, see, I can't quite make it.
You know, I have to have help.
So I'm going to the government.
And the government can steal some money from somebody else and then take care of me.
And that's the authoritarian approach.
It's still there.
It still works.
And it's motivated because it's always based on a humanitarian argument.
You don't care about people.
I care about people.
And I think the best way to care about people is to provide and promote personal liberty.