President-elect Trump caused many Americans to wince and scratch their heads this week. Trump succeeded in getting so many Americans to go out and overwhelmingly vote for “America First” and to focus on handling our country’s overwhelming problems. But over the last week, ideas that were not presented during the campaign have been floated: “North America” First and the additions of Canada and Greenland to the United States. Where did this come from?
Hello, everybody, and thank you for tuning in to the Liberty Report.
With us today, we have Chris Rossini, our co-host.
Chris, nice to be with you today.
Great to be with you, Dr. Paul.
Wonderful.
We have lots of things to talk about.
You know, some days it seems a little dollar, and I think in the last weeks or so, it had settled down, and we weren't, you know, too much into some really, really big issue.
Also, although the big issue remains and gets worse all the time, and as far as I'm concerned, the big one is the bankruptcy of this country.
And that to me is a big deal.
And it continues.
And we have, of course, additional money being spent all along right now.
I imagine, I can't imagine us not putting a lot of money into bailing out the liberals in California.
Somebody's going to have to pay to rebuild it.
It won't be California because they're more broke than we are.
But anyway, that's there to be settled.
And that has been in the news.
And also, Trump's not forgetting about what's going on.
He said, you know, we're a very rich country and we have a powerful currency and we have the most powerful nation.
So it's time we invested in more territory.
It's a good time to buy property.
So he wants to buy Greenland.
He wants to buy Mexico.
And he wants to go ahead and continue to do that.
And why not just throw in Canada?
So, well, where are we going to have the money?
But we still have the dollar.
We still have the dollar.
And we can print it at will.
But there was news today about the dollar.
And although unemployment went down, employment went up.
And the markets would have, you'd thought, would have responded by being very happy, but they're very unhappy because they realize that is sending a signal to the Fed to maybe shift gears and start tightening money.
And therefore, we're back to managing the economy.
So that was a big deal.
And there's a big change in the stock market.
And of course, the metals are changing.
But one other thing that won't get as much news will be the bond market because interest rates are going up and justifiably so because this type of a monetary system and the spending and then the idea that we will continue looking around for peaceful investments around the world is going to put more pressure on us.
But the recognition that this country, our country is bankrupt and it's not going to continue forever is something we have to realize.
But it also means that if an individual has wanted to and is trying to protect against it, traditionally, like maybe a couple, several thousand years or longer, they've used gold for preservation of wealth and protection of currency debasement.
And it's happened in our country that the Fed came in and took over and they were going to give us stable money and economic growth and a powerful military.
And they were able to get away with it and make sure that we were managing the worldwide currency.
And so once we were able to do that, we embarked on this expansion.
But the big problem is eventually that fell apart.
You know, when the Fed took over, the definition of a dollar in relation to gold was, well, an ounce of gold is about $20 worth.
Well, now today it's $2,000 plus.
It'll soon be $3,000 an ounce.
And I would say, if you have any sense that the gold has a signal to people as to estimating what the real value of the dollar is, I mean, the message is there.
It's very, very strong.
And there's an effort, a political effort going on with the efficiency committee to cut some spending.
The people want it until it's their money that they're cutting.
So that is it.
The effort has to be made, but there's a lot of hurdles to go over.
But in the meantime, interest rates are going up and investing and protecting against this is very difficult.
But we've worked with Birch Gold now for a couple years, and they do talk a lot about protecting against this system that we have today.
And the one thing is that they, as I and our program, sort of accept is that stocks are bubbly.
And this morning they looked like they were less bubbly because they were going down.
But that's not the permanent answer to the problem because who knows what will happen within an hour or two.
But long term, we're spending too much money and we're monetizing it.
The value of the dollar is going down.
And what Birch has offered quite a few months now, maybe even over a year, is to invest in hard assets, in particular gold.
And they work with the development of and the ability to invest in a gold IRA.
And well, why would you have to have a gold IRA?
It's because the rules won't let you put it in a regular IRA.
So it's one of the rare ways to do it, which means if you have the RA and you don't want to, you know, cash in, pay all the taxes, you can take it out of stocks.
And that's what Birch Gold offers.
They say, how do you transfer the value in your stocks and put it into gold into a gold IRA?
So it is important.
It's not perfect, but you know, it's not perfect if you're not allowed to do it any other way.
So anyway, a gold IRA is what they advocate.
And if you need or want to have more information on gold IRA and you want to get it from Birch Gold, text Ron at 989898.
That's on the screen.
And once again, text Ron 989898, and they'll send you more material on this idea of converting rigor stocks into a gold IRA.
So it's a method.
But under these conditions, I tell people there are a lot of different ways and a lot of different things that we have to do to protect ourselves physically and mentally and the whole works that we do need protection.
But ultimately, the one protection and the one investment that I think we all ought to make, and that is the protection of liberty and invite the people to worry about all these problems that the government has created for it.
It would be a lot easier instead of saying, oh, let the government do it, not recognizing the law of economics that if you create one system to solve one problem, you're going to get two new ones.
So it'd be much better to get the government out of the business of regulating our lives, our economy, or running the world.
And that I think can be helped by having and by looking into this gold IRA.
And Chris, we do want to talk about one of the events going on right now today.
And I know you've done a little bit of investigation into this.
And that has to do with this new investment.
You know, there are several things to say about, you know, and somehow in a positive sense, why we should be controlling Mexico.
Why Control Mexico?00:02:55
why we should have the Panama Canal, why we should have Greenland, why we just throw in Canada too.
But if just expansion, investing a lot of real estate, you know, the marketplace, if you're in that much debt and you go and you say, well, I understand the Empire State Building is up for sale.
I think we can buy the Empire State Building.
Oh, but you don't have any money and you don't have any credit.
Oh, but we can fib a little bit.
And that's what they're doing.
And who knows exactly how serious and where this is going to go about the President-to-B idea that we should expand our borders a little bit, you know, down to the Panama Canal.
And although I'm hesitant to endorse all this purchasing, when the Panama Canal giveaway occurred in the 70s, I was strongly opposed to that and thought that it wasn't a wise thing to do.
But just to say, well, if it wasn't smart then, we ought to send the troops in right now and deal with it.
But I think it's a little bit more complicated than that.
And Chris, what do you have to say about it?
Yes, Dr. Paul, our country, America, is overwhelmed with problems.
We see it every day in the news.
It's right in our faces.
And our country came together and voted for Donald Trump.
I even voted, the last time I voted was for Dr. Paul back in 2012.
And I haven't voted since.
So I believe, you know, President Trump, America first.
And this week, this expansion stuff, nobody voted for North America first.
You know, Canadians are not Americans.
Greenlanders are not Americans.
You know, God bless them.
But we have problems here, as Dr. Paul has pointed out.
We want our own border to actually be a border, to exist.
No one wants, you know, expansion of our border in every which way.
You know, that was not what President Trump campaigned on.
And as Dr. Paul pointed out, we are not in a position of strength to go and promise that we're going to take care of anyone else.
We're $36 trillion in debt.
Our money flows to foreign nations, Ukraine, Israel, Taiwan.
We can't even keep our money for ourselves.
Meanwhile, when a hurricane hits, the people here suffer.
Look at North Carolina.
Look at California.
We can't even get water to come out of fire hydrants.
And we're going to go take care of Canada and Greenland.
If I was a Canadian and a Greenlander, I'd be like, thanks, guys, but no thanks.
You guys have plenty on your plate.
Go fix your own business before you want to expand here.
So I hope this turns into nothing because this is not what America voted for.
Friendship Over Expansion00:03:00
Well, you know, the expansion idea is a tricky thing to deal with because in some ways a truly libertarian society would look for expansion because they claim that when they want to badmouth libertarianism, they say that you're isolationists.
You don't want to do anything with the world.
Well, you know, the world's a mess as a consequence of all this interference and bankruptcy.
And here, this tremendous increase in responsibility for us to think about taking over these lands is something else.
But a libertarian is going to think of expanding relationships with the world voluntarily, getting people to do it on their own, talking other countries into understanding what free trade is all about and what they can do.
And free trade invites people to go back and forth and finding the best way for people to get along, rather than saying, well, we're ticking over and we'll tell you what to do and we'll put you on the tax roll and we're going to bail out your people and we're going to provide national defense for you and on and on.
But trade, I think, would bring people together, trade.
And of course, that means that travel and the getting along with other people would be much more open.
That doesn't mean that you ignore the danger, dangers, but some of the dangers we have are artificially created by over-exuberance of our governments, you know, putting on sanctions and doing all these things and threatening people.
And that's that is not a sign of friendship.
So I think if you have trade, it has to come along with a real effort to have friendship.
In the past, it was more like that.
Right now, people wouldn't quite understand it.
But I always assume that the borders between the United States and Canada are pretty good.
You know, I've lived on both borders, Mexican border and the Canadian border.
And it was sure a lot easier to go over the border in Canada.
One time I wanted to go to when I was in high school, I wanted to go to a fair up in Toronto and I didn't have a vehicle.
So I found a couple other friends.
We were in Pittsburgh.
So we rode our bicep up to Toronto.
And I can remember crossing the border and it was no big deal.
It was like going down the street.
So we were in another country that easily.
But I think there has to be friendship and there has to be trade and there has to be an effort made.
And people have to have a little bit better understanding of economic policy and not get in its mode of protectionism and militarism and telling people how they must happen or saying that the whole thing is necessary to have one single currency that is going to operate and it will be protected by military might.
Globalization's Local Dangers00:04:16
That eventually runs out of steam.
I'm afraid we're running out of steam and economically and security-wise, I think is a danger to our country.
That's right, Dr. Paul.
And we need to go in the other direction.
We need to decentralize power, not further centralize it.
I mean, look at around the world.
There's these big blocks.
Look at the EU and all their problems.
They have all these different nations, different languages, cultures.
And it's, you know, you don't want to be like that.
But there's a constant cat and mouse game with people who want to stick their claws into other people's situations.
Nobody knows the situation, the circumstances of my household better than myself and my family.
My neighbor doesn't.
If I went to them and say, hey, come run our lives for us.
I don't know how to do that.
It's the same thing with local government, state government.
Nobody knows the local situation better than the local government.
But there's always this outside push of people wanting to get their claws into your business.
And we saw a little taste of what it looks like globalism with COVID, the COVID tyranny.
You have this one guy, Fauci, who's dictating everybody, you know, all these experts.
And instead of problems being localized, handling with the circumstances of the local situation, you have it coming from who knows where, and the entire globe suffers as a result.
That's what a global globalism looks like.
The entire world has to suffer.
Nobody has their own sovereignty and autonomy.
You have to take your directions from some experts out there.
I mean, what a disaster.
What a disastrous way to live.
But this has been going on since the beginning of time.
You know, this is a human desire to get into everybody else's business that has to be resisted.
So that's what we have to do.
We have to resist outsiders trying to dictate local situations, and we have to decentralize power.
And that's how you get away from the problems of Fauci and the experts.
You know, I think there's a little bit of confusion about nationalism and super nationalism, which can carry away, carry the people away, and they want to go to excesses.
And yet, in some ways, it's related to just good old-fashioned patriotism because, I mean, if you're patriotic, you might endorse the principles of the founders.
And it's a cultural, political thing that comes up, but not something where it's nationalism to show strength and that you have to be the military strength.
There's a lot of strength in a resistance to using a lot of military power to have your way.
It's the resistance to use it, I think, that requires, you know, some strength of character for our leaders to say, you know, we don't have to do this and give maybe a little bit more credit.
I still give a lot of credit to the people because I always say that, you know, it's not the people who have to fight and pay for the wars that start the wars.
I mean, I always say, you know, if there's a country that is antagonistic and we're having the problems with it, you don't see the teenagers of one country getting together with the teenagers of the other country and sitting to getting together and they're bored and they don't know what to do.
So they sit together and say, why don't we have a war?
That ought to be a lot of fun.
And they start the war.
It's exactly opposite.
It's the rich guys that have lived off the people, debauched the currency, and caused inflation and caused people to be very fearful.
So it's the fear that they create.
Then they create the fear of economic disaster, and then they create the fear of a military disaster.
But then they create open borders, which is a little bit of a problem for us.
And then they have to build up the fear-mongering of what these countries are doing instead of promoting any effort whatsoever, because even those countries that are considered 1,000% enemies of the people, you can't talk to them over the years, conditions have changed.
Fear-Mongering Tactics00:06:25
But that doesn't mean you're careless and you just do whatever they want and succumb to it and sell out the country.
I think what we've been doing is we've been selling out our country by going along with trying to manage and take care of and finance the world at the expense of the middle class and the poor in this country.
So I think the economic policies have a lot to do with finding an answer to our problems that we face today.
Very good, Dr. Paul.
I'll finish up my closing thoughts.
I am rooting for President Trump.
Like I said, I haven't voted since Dr. Paul Ran.
I voted.
I got out there and did it, even though I'm not a big fan of the whole thing, because this is a great opportunity to reverse the damage that has been done to our nation.
I don't believe that President Trump wants any more wars.
I believe that he knows that wars have destroyed us.
It's bankrupted us.
We've gained absolutely nothing from all of these decades of war.
And, you know, I believe that he loves America.
I really do.
But he has to do what he campaigned on.
That's what we all voted for.
We're used to being lied to as Americans, used to it.
Both sides, both parties.
You know, we're used to politicians campaigning, getting the votes.
And then once they're in power, they do the exact opposite.
Look at even the Democrats, Obama.
He got a Nobel Peace Prize.
And then in office, he bombed eight different nations.
Nobel Peace Prize.
So the Democrats have the same problem that we, you know, the Republican side does.
The politicians say one thing.
They get all excited.
Everybody's excited.
And then they do the opposite.
I really do not want President Trump to be like everyone else.
I don't believe he is like everyone else.
But, you know, he's the captain of his own ship.
We'll see in four years what he ends up doing.
I just hope he does what he campaigned on.
Very good.
You know, it seems at times that it's overwhelming and people won't change their mind.
You'll say that there's to be wars and rumors of wars forever.
But there have been periods of time when there has been more peace.
And I do understand the principle that there's a lot of evil in the world.
I believe that has happened.
You know, that existed from the beginning of time.
That there's a group of people that are very well informed about what right and wrong is and that there's a natural law that we should be following instead of following the very, very aggressive, you know, authoritarians who find that the resistance is low to us wanting to be in office and the Soroses pop up.
They can make a lot of money over the system that they're used to using.
And then they use it to destroy it and say, well, we have to take it over because we want a different system.
The main thing we have to do is create a lot of corruption and chaos in the streets.
We have to build up the fear.
And then they can talk the people into either accepting the dismiss they have or trying to change it.
So you would think we would do much better.
And I think we are doing better.
And I think Trump is helping.
You take all the chaos that we're facing, whether it's the social things, DNA, DEI, and the other things.
And the tragedy of California, you would think, what are we doing?
And what are they doing?
And yet it keeps going on and on.
But I keep saying it's all positive because it'll wake up a few more people because it's a disaster by following the policy of left-wing authoritarianism and not even considering any respect whatsoever for those who throughout history have looked toward a natural law where you very easily can figure out that most people don't like others who lie,
cheat, and steal and kill because by nature, they're not interested in that.
And I keep thinking that if I looked at all the people I've ever met or crossed paths with, I've never met people who argue this.
I think most people recognize that there is a higher law of decency.
But when our guard is let down, then those people who want to increase their nationalistic spirit and to increase their territory and have their empire, they get away with it, but it's complacency that we have.
And that's what I hope we can contribute to with the Liberty Report is call attention to this because prevention is a much better thing than working for a cure because working for a cure, whether it's medical or whether it's social, is a lot more difficult and complicated than it is to try to prevent it.
I think preventing wars, and Trump has said this, and I hope we hold his feet to the fire that prevention of war and stopping wars is one of his goals, and that should be the goal.
And I think people respond to that.
Even the people who have in the past run for president and had definite differences on this opinion, you know, they used our language.
They would use the language.
Well, we shouldn't be the policemen of the world and we should help people and have trade.
Yet they had no intention of doing that.
So I think the goal of every individual who's interested in that is to look into the matter of those who become nihilists and say you can't find truth, so forget about it, versus those who believe in and understand what natural law of decency is all about.
I think the world would be a lot better off if we had a world made up of people concerned about their personal liberty.
I want to thank everybody for tuning in today to the Liberty Report.