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Dec. 10, 2023 - Stew Peters Show
37:08
Scriptures And Wallstreet- Your Credit Cards Are Being Tracked!
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back.
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The CEO of BlackRock, Larry Fink, says that private companies are creating a, quote, structural problem, and that it's not possible to have businesses report all of their ESG investment risks.
Joining me now is Florida Bankers Association President and CEO Alex Sanchez.
Alex, great to see you this morning.
Thank you so much for being here.
You've talked so much about this pressure on banks.
To govern with ESG. Give us your state of affairs in the industry right now and what do you say to what Larry Fink is saying about private companies?
Well, Maria, good morning.
And first of all, I want to thank you, Maria, because you're the one who broke this story.
And Main Street America doesn't understand this issue, how it's going to kill Main Street in the United States, where 60 percent of Americans work for small businesses.
And if the SEC has its way through the Biden administration, Because the Biden administration can't get these proposals passed through Congress, especially now.
But if the Biden administration through the SEC has its way, and all SEC-registered companies have to do this climate carbon emissions testing, including on small businesses, It's going to kill Main Street, Maria, where 60% of Americans work.
People do not understand this.
So I credit you, Maria, for breaking the story when other networks were avoiding the story.
This is so important.
And as you saw, the Journal reported that the SEC is starting to pull back now.
We'll see how far they push back, Maria.
But it's pressure from groups and Congress and others that this is ridiculous.
That the banking industry should not be the climate police, and including all SEC companies.
I mean, in part, Larry's right.
I agree with Larry.
But also, I think that none of this reporting should be done.
That should be done by the federal government.
Right.
Private entities to be the deputies of the federal government in this space.
And you're referring to the story of this whole of government approach where the Securities and Exchange Commission was going to put these rules in place, forcing companies to, you know, identify areas that they are impacted that could be because of climate change.
Joe, I want to jump in here because, you know, this is not just a bureaucratic situation for companies, but this is costly.
Larry Fink has said in private circles, I don't want to be the environmental police.
Guess what?
That's exactly what he is.
Well, I mean, Larry knows.
I mean, if you have a higher fee, you pass it on to a consumer.
So it's interesting that...
President Biden talked about all these fees he wants to get rid of.
But these fees are in place as a backdoor way to pay for higher regulatory costs in a lot of places.
So there's no free lunch in economics.
And Alex makes a great point.
It's small business.
It's the dynamism of the economy under President Trump's small business survey from the NFIB had never been higher.
And that's what you need.
You need a vibrant, growing economy, and that'll help pay for a lot of the things we want.
But with this regulatory onslaught, it's going to hurt productivity.
And James, you've written so much about this.
And look, every time I think about all of this red tape, I remember how President Trump came out with that huge stack of things.
You know, cutting the red tape is a beautiful thing, he said.
Now you've got the governor of Florida, Ron DeSantis, cracking down on ESG investment decisions involving the use of state and local funding.
James, weigh in here.
Yeah, absolutely.
The citizens of Florida should not have to pay for this activism.
And I'm glad Alex is talking about small business.
The SEC can't regulate small companies.
But what this rule would do is by forcing all of the big publicly traded companies to focus on climate above all other issues.
It's going to force them to demand information and essentially extend this bureaucracy to every small business.
I think instead of scaling it back, the SEC should drop the whole project.
And I wonder, Alex, if you get any sense that that might happen.
Because the truth is, this is not the SEC's job.
They're supposed to require disclosure, not tell companies that climate must be your top priority.
And you're also supposed to ask for comment.
Where's the comment?
Where are the people weighing in?
Like the Florida Bankers Association.
Well, Maria, look, James is right.
You're right.
I think this whole thing should be dropped.
This was an effort.
Let's be clear here, Maria.
This was an effort by the Biden administration to use a regulatory agency to push their environmental policies.
That's the bottom line.
And the SEC should drop it.
I said, Maria, in my op-ed on Fox Business, my advice to our industry, the banking industry, is let's not dance with neither political party.
The decision to bank a customer should depend on the risk and business profile of a bank.
To my friends on the Republican side, look, message delivered.
Our industry should not and will not and cannot dance with the extreme left.
And message has been delivered, and I think our CEOs have gotten that message, Maria.
Real quick, Alex, before you go, the most expensive neighborhoods are no longer in New York or San Francisco.
Zillow reveals billionaires and celebrities are headed to Florida.
Areas like Star Island in Miami reaching over $40 million for a single-family home.
Is that true?
Well, Maria, yeah, it is.
But look, Florida has so many other affordable neighborhoods.
Sure, Star Island is going to be expensive.
Sure, living on Miami Beach is going to be expensive and some of these other ritzy areas in our beautiful, incredible state.
But there's so many other affordable neighborhoods that families and others can live in.
It's cheaper than elsewhere because of the taxes.
Oh, right.
That's correct.
That's one of the allures.
Alex, it's good to see you.
We so appreciate your time.
Good to see you.
Hey guys, Carlos Cortez here with another episode of Scriptures in Wall Street.
I really appreciate you guys tuning in.
Hey, keep in mind, we have our own channel, so if you don't mind, I am not getting paid for this content.
If you want to support the show, please like and subscribe our new channel, Scriptures in Wall Street on Rumble.
I would really, really, really, really, from the bottom of my heart, appreciate it.
That way, all the funds that are generated through the ads and everything can actually go towards the production of this podcast, and we can just stay on.
It's been a great run the past two years, going on three years, and I'm happy to do it.
I'm happy to do it.
I'm happy to give you the truth.
I'm happy not to have some crazy conglomerates trying to tell me what to do by paying me and selling out.
I don't want to do that.
I simply don't want to do that.
That's why I really don't bring on sponsors.
I'll interview people.
I'll do what I need to do, but in regards to the integrity of the show, I do not want to sell out to another narrative.
That has been always my commitment with Scriptures on Wall Street.
If you remember the corny background with the Golden Bull two years ago, I said in my intro to Scriptures on Wall Street that we are not going to sell out.
We are going to be Very upfront, transparent.
As an advisor, as a client, I just want to be able to give you a source of light, a source of information, a source of what concerns are, just someone in my industry.
And that way, you can make financial sense on what you want to do economically, spiritually, and just have peace, comfort, and sound minds.
That 2 Timothy 1.7 mindset of For I have not given you a spirit of fear, but a love, power, and sound mind.
We want you to walk with confidence.
To be okay.
And so that has been the whole mission since day one.
From the jump.
Is we want you to have...
An equilibrium with your soul that matches your investments, that matches up with God, that matches up with your lifestyle, what you believe in.
Not some other vindictive agenda.
So I promise you, from the bottom of my heart, that's what we're going to do.
That's what we're going to stay true to.
However that looks like, so be it.
This show is dedicated to Christ.
This show is dedicated to truth.
And I admire, I just want to say thank you for following us for all these episodes.
I think we're over like 250 episodes, my producers were telling me.
So pretty amazing that I literally just talk about what's on my heart that day or that week and conversations that we got from just running Cortez Wealth.
You guys give me the concerns to talk about.
And I do a little bit of research.
I share my opinion.
Speaking of opinion, let me say this now.
Everything that I say on this podcast is literally not financial advice.
If you want financial advice, give us a call.
813-448-3446.
Or you can visit us at CortezWM.com.
More importantly, everything on this show and all other shows should be considered as educational informational purposes only.
We're not giving financial advice here.
And even though I am a securities licensed advisor, I do not want to give financial advice on this podcast.
We are just doing this for educational purposes only.
So, as you guys are aware...
As you saw Marita Barromo just really grilling some of her colleagues there about this ESG woke movement.
This track, trace, and control you.
Man, how many times have I told you that they literally want to track, trace, and control you?
It is not a conspiracy anymore.
This is actual fact.
This is fact.
This is why...
This is why Mr.
Jamie Dimon over there at Chase does not...
Want to have crypto in the markets.
He is one of the big proponents.
Him and Pocahontas wants to cancel out crypto.
Now, I'm a fan of crypto.
I'm a fan of gold.
I'm not a fan of some of the dealers that sell gold.
But I really feel that...
Bitcoin will continue to soar.
I really feel that there is going to be a digital presence.
We are in a hyper-digitization era.
I mean, you can't deny that.
When the new Cybertruck that's just coming out can drive yourself home.
Can literally go off-road.
Can do a lot of things that most cars can't.
I don't know if you think Elon Musk is an antichrist, but that's besides the fact.
The fact is, we're in a hyper-digitization mode here.
Everything is AI. It's scary what ChatGBT can do.
I literally just got a text message from an AI bot saying, hey, we can help you with your client appointments.
We can help you with your scheduling.
Give us a call.
And it was a robot that was calling me to basically sell me on a robotic system to get to organize our client calendar.
Sounded interesting.
Obviously, I'm not doing it, but we are in such a hyper-digitization mode, guys.
Like, it is incredible.
So, Visa, MasterCard, Amex.
Man, have I said this like a broken record, you guys.
Like, It is all to track, trace, and control you.
I've always been deeply opposed to crypto, Bitcoin, etc.
You pointed out the only true use case for it is criminals, drug traffickers, anti-money learning, tax avoidance, and that is a use case because it is somewhat anonymous, not fully, and because you can move money instantaneously and because it doesn't go through, as you mentioned, all these systems have built up over many years.
Know your customers, sanctions, OFAC. They can bypass all of that.
If I was the government's, I'd close it down.
Okay.
So as you see this video, you see the CEO of Chase, they don't want crypto at all.
They want to make it illegal because the government has no control over it.
They can't manipulate it.
They just can't control it.
And they say that crypto is used for the bad guys.
They're saying the bad guys.
But in the meantime, PayPal and eBay, and you can even buy cars with Bitcoin now, like you have banks adopting BTC. So you're trying to tell me that Fidelity Investments has a crypto brokerage department?
You're trying to say that they're criminals?
Well, I find it kind of a double standard here.
Very hypocritical because those are your conglomerates.
You guys are all a part of the cult.
One big one world order.
And you want to cloud swab everybody.
You would die, own nothing and be happy.
And the crypto doesn't fit that narrative.
The gold, the precious metals, doesn't fit that narrative.
But when you relinquish your money to the bank and you have your life savings in the bank, that fits your narrative because you can track, trace, and control you.
And just so you guys know, when you deposit money in your bank account, you no longer own it.
You no longer own it.
It's that simple.
You no longer own it.
Look at all the terms that are in the actual agreements.
When you have those agreements set in place, you have legal disclosure.
They have legal right to your funds.
You act a certain way, your bank is shut down.
You do something that they don't like, your bank is shut down.
You buy guns, ammo, your bank is shutting you down.
How terrible is that?
Are we in a freaking communistic state?
You want to go to Canada?
Go to Canada.
That's what they do in Canada.
But not here in the red, white, and blue.
We have the spirit of enterprise.
We have freedom.
And what these people want to do is take our freedoms away?
Are you joking me?
Guys, more than ever, you've got to start using cash...
I'm not saying, hey, stop using your Visa card or stop using your Amex.
I'm a platinum Amex holder.
I love my Amex.
But I got big ears.
My eyes and ears are open.
We are in this world.
We are not of this world.
For those of you that say, oh, man, well, who owns this?
Who owns that?
Guys, chill the heck out, man.
Like, I've bought stuff on Amazon.
Does that make me sensitive to the cabal?
No.
I bought clothes from Lululemon because I'm a hockey player and my kids like playing hockey and that's some of the best underwear, best undergarments that we can wear to perform.
Does that make me a bad person?
No, I don't support Disney.
I don't support Pfizer.
I don't support BlackRock.
I don't support Moderna.
And I definitely don't support a lot of these banks that are providing ways to make our lives miserable.
Speaking which, the government has done a great job of trying to implement ESG. They've done a phenomenal job of trying to implement ESG. And simply what that means is...
ESG literally has the problem of the Green New Deal.
It has a problem of social credit score.
It has...
Environmental social governance is a train wreck.
And now Wall Street is realizing and it's backfiring on them.
So I could pull up many, many articles on ESG backlash.
I got tongue twisted there.
And...
It's scary, man.
This administration wanted to put at least 20%, 15% to 25% of all 401Ks into this ESG garbage that promotes social credit scores, that promotes this gay agenda, this transgender movement, this anti-woke agenda movement.
There's no white people on commercials anymore.
It is terrible.
We don't want to teach our kids about that.
We have to start getting real, guys.
No longer you can play the victim card.
Don't play the victim card.
Do something about it.
Move your assets over to...
To values-based investing.
What I mean by that, guys, is that your portfolio manager, it goes down all the way to the spiritual side of your money.
All this goes down to the spiritual side of your money.
When you have investments, they are funding things that you don't agree with.
You don't have the opportunity to bicker about it.
You don't have the right because you're funding it.
Unknowingly or unwillingly or if you're blind to it, there's no excuses.
You gotta take that up.
You gotta take that up to God.
God's never gonna question how much money you've made.
He's gonna question the character it took to make that money.
And so we're not going to bash the vaccinated.
We're not going to bash gay people.
We're not going to bash Israel.
We're not going to bash Palestine.
That's not my style.
We're going to show love, but we're going to be firm.
We're going to stand our ground.
We're going to be truthful in what we believe in.
And everyone that gets butthurt about that and say, oh, that's anti-Semitism.
Oh, you're a homophobe.
Oh, you're Islamophobe.
Dude, shut the heck up, man.
No.
No.
No, at the core of us, we need to love our neighbor, guys.
We need to love our neighbors.
And we've done a terrible job about that.
Look, you voted for Biden.
I can't stand a dude.
He's a stupid face.
MF-er.
I can go on and on and on.
But at the end of the day, we are supposed to be the light, man.
We are supposed to be the salt.
We are supposed to stand our ground.
We are the head and not the tail.
The Bible says, you know my people by its fruits.
And we need to start getting away from the hatred.
We need to understand that the cross is about the sacrifice he gave us.
And that is for everyone.
Whether you confess it or not, it's for everyone.
He will leave the 99%.
Jesus will leave the 99 to save you.
And that is my prayer.
That is my prayer.
So I wanted just to remind you guys that no matter what's out there, my brand, our brand here at Cortez Wealth, We're going to stand firm in what we believe in.
We're going to support what we believe in.
We're going to have the America First retirement plan pillars.
We're going to keep your money safe.
We're going to invest in things that are here in America.
We are going to get you a reasonable rate of return.
And number four, we're going to keep money here in America.
I was at the produce store with my wife yesterday, at the grocery store.
And the guy working a produce employee, I was talking about how Biden wants to literally fund Ukraine all over again.
Like, how idiotic is this?
We got hardworking Americans that can't even pay bills, buy groceries, and yet these freaking idiots want to send money to Ukraine.
Are you joking me?
Every time I go to Publix, there is some panhandler with a child that can't even afford a meal right at the grocery store.
Our military, our military doesn't even, our homeless, our wounded veterans that need mental health, help, assistance, We are aiding to illegal criminal aliens walking through our borders, having children on our land, and we have to pay the taxes on it.
Speaking of taxes, all this money being sent to Ukraine is because they have access to your IRA. They have access to your IRA, man.
They're spending money.
They're spending money because they know they have access to your IRA. You're going to get taxed at unknown rates at an abysmal amount in the future.
Our national deficit, if you look at the debt, the usdebtclock.org, usdebtclock, I don't know, Connor, if you can pull that up, usdebtclock.org.
I mean, look at the billions and billions of dollars of unsecured loans.
It's disgusting.
But yet, this administration wants to continue to help illegal immigrants.
Not our wounded veteran soldiers that gave you the ability to breathe on this land.
Besides God himself, it is our troops that sacrificed it all.
Some gave it all.
Some lost some.
But anyways, we need to honor them at all costs.
We need to honor their families.
We need to take care of them.
It's disgusting what this administration wants to do.
It's absolutely disgusting.
Not even mentioning all the drug cartels that are coming up from the north and south border.
Nothing being there.
Not mentioning the mortgage rates that are killing American dreams.
Not mentioning the student loan crisis that Not mentioning the pension crisis that is about to come.
Guys, our country needs prayer, man.
Our country needs some massive, massive prayer.
And we're giving away money to these people that want to adopt a social credit score.
They're not going to go out and say it.
Earth to Scriptures and Wall Street fans.
They're not going to say what they're going to do.
They're just going to do it And you're going to have to figure it out 2, 3, 4, 5 years later when you finally wake up.
Hello, they're tracking and tracing.
The reason why they don't want to do crypto is because they can't track it.
The reason why they want to implement a transportation as a service is because they can track it.
The reason why they want you to get vaccinated is because they can control you.
They can make you sick.
They can sell you more drugs.
The reason why they want you to be fat and lazy is because you will get diabetes and you will have a great profitable business opportunity for them to keep you sick so they can keep on selling you drugs and the pharmaceutical companies make a killing off of you.
HIV and diabetes is where they make their money.
There's no quote-unquote cure.
Of course there is.
There's no money in it.
So I pray you guys start to wake up, man.
Because it is everywhere.
All this Luciferian, one world government.
We are funding it.
And so what I'm going to be teaching about and talking about is ways we can get out of this cabal-like system and finally fund things that go with our faith, not against our faith.
Are you guys down for that?
Do you mind if I do my research on it, something that I'm really passionate about, and bring it to the table and bring the vice presidents and their vision on scriptures and Wall Street?
Are you guys down for that?
Like, that's what I promised two years ago that I would bring these people to the table and I will.
And more importantly, something put in my heart, like, my gift to you guys I want to give content.
Not just content, but content that you can take home.
You can pass on to your generations.
That you can be fed spiritually and financially.
So I'm bringing in Mark.
You're going to meet Mark next show.
Mark is going to be able to teach you how to make money from home.
He's going to show you how the stock market is rigged.
He is actually going to show you all these amazing things that you don't learn in school.
We wanna show you what to do with your money Of course, I can't give financial advice, but he can actually tell you what he's doing, and you can make a decision on what you want to do.
But there are some ways you can make money in the stock market, and we want to have some guests that are professionals at that, that just a layman person can actually do it.
A stay-at-home mom can do this.
So I'm going to be bringing him as a guest, and I'm going to be vetting him, and I have been vetting him.
Great conservative guy.
He's one of us, and The stock market's rigged.
You need to learn how to make money off of the rig cloud.
The banks are not safe.
They want to track, trace, and control you.
Going into 2024, it really is going to be quiet in January and February from all the indicators that we have.
As you guys know, we have some amazing software, literally, that can give us a high probability of what the future is going to do in the market.
So, pretty amazing.
Does your advisor have that capability to literally give you a market analysis right in front of them and be able to help you with your decisions?
This is why we're able to move so much money and help clients throughout the whole United States, except for Hawaii and Puerto Rico and New York.
You guys are very, very difficult with the timing and with some of the state laws.
But I just wanted to prove to you that they are track, tracing, and control you.
And Visa, MasterCard, Amex, Discover, they have been somewhat halted because they already had a system in place to alarm the banks and your credit card company of when you are buying firearms.
How much of an infringement is that?
How does that make you feel?
I have to say, one of my favorite stores is not a commercial for them.
I'm just saying it.
One of my favorite stores is Ace Hardware.
I love Ace, man.
Like, you go in there, you can buy black rifle coffee.
You can buy a nail or a screw that, for me, recently, my son's face visor on his helmet, his sake helmet, excuse me, was missing a screw.
And I went to Ace Hardware, got the screw.
They put it on for him.
He was in his gear.
We were getting ready for a game.
I got some coffee.
I got something in a drink.
I bought something from my Traeger.
Smoke, barbecue.
And then behind the register was a whole row of ammo.
I bought some ammo.
You mean to tell me I can't go to Ace Hardware?
And not buy ammo?
With my Amex?
Like, how communistic is that?
Man, I'm telling you, man, these liberals are just so ass-backwards, man.
You're not going to track, trace, and control.
We are going to be the resistance.
We're going to be educated.
We're going to be smart.
We're going to be God-led, spirit-led.
And I want to be your leader in this.
I want to help you.
I want to help you lead this charge.
Because we, as a conservative movement, need to take our country back.
I know we can't stop what's going on, but we can slow the process.
And God has us here for a reason.
It's been my conviction that we need to start showing more love and stop hating.
I don't know what's going on in Israel and Palestine.
I don't want to have an opinion right now.
I know they're both bad.
I know there's both terrible things going on, both sides.
But my focus is America.
My focus is protecting your retirement.
My focus is talking about the love I have for Christ.
My focus is being a light and salt.
And those things with that type of drama and negative energy, I don't even want to associate with it.
I don't even want to associate because what will happen is that will come on to you.
And I know there's a lot of theories out there of what's going on.
And I'm not here to be a conspiracy theorist.
I'm here to give you financial content.
I'm here to give you things that represent peace, love, and sound mind.
I'm here to be real with you guys and avoid the social credit score system that I feel that's coming like a freight train.
That and the taxes on your IRA. I want to give you a solution about your IRAs.
Your IRAs are going to be taxed beyond belief.
And that's pretty much a guarantee.
We have solutions in place where we can convert your IRAs into a tax-free bucket.
It does take a lot of time to do financial chemotherapy, but we're going to help you.
All you got to do is give us a call, 813-448-3446.
Visit us at CortezWM.com.
You can even download a free guide at AmericaFirstRetirementPlan.com.
But more importantly, if you don't mind...
Go to Rumble and type in scriptures and Wall Street and please click like and subscribe.
Hit the little bell so you're notified every episode.
And I just want to say I appreciate you.
My scripture today, guys...
Ephesians 1.9 We forget that God is in charge.
We don't know what's going to happen with this election.
We don't know what's going to happen to World War III. That's crazy enough.
And the social credit score.
Are we going to be JD helmed and be put into Walmarts as prison camps?
We don't know what's going on.
Yeah, of course the government wants that.
But we don't need to fear, you guys.
Where's your faith, man?
Do you not believe God's promises that he has us in the palm of his hand?
He'll never leave us.
He will never forsake us.
Are you doing what it says in Luke 6, 3, 8?
6, 38 where he says when you give to him or when you give to your brother that's in need, you're giving to God.
Like we need to help each other out and not bring each other down is what I'm getting at.
And we can only do that by sharing God's message, doing God's message, And speak in truth.
See, Jesus wasn't a positive thinker.
He wasn't a negative thinker.
He was a truth thinker.
And that's why people followed him, because he represented the truth.
Like if I told you, oh my goodness, you and your wife, you and your spouse, you're so beautiful.
Oh wow, you're so successful.
You're amazing.
Everything you touch is gold.
That's a straight up lie.
A positive, stinking lie.
This is what is inundating Christianity and mindsets.
Positive thinking.
Positive thinking.
Yeah, worship the Lord with yoga.
This new age garbage.
It's garbage, guys.
It's not the truth.
The truth is the truth.
God's word is the truth.
And we have all these gummy bear pastors, all these gummy bear people, and I'm just sick of it, man.
Like, I'm not going to stand for that.
I'm going to call that out.
But what we need to do, the whole thing is about Visa, MassCard, and Amex trying to control your gun purchases.
I'm sick of it.
Bank of America did this garbage where they literally sent the list to the FBI earlier last year.
And now the credit card companies are doing it.
They want to track, trace, and control you because this administration, that's what he wants.
They think they're going to stop mass shootings.
Right?
Even though we all know most of them, majority of them are false flags that are planned to promote an agenda.
These crooked FBI-ers and all the other three federal organizations are all crooked.
But we know this.
We know this, guys.
So be on the lookout for my interview with Mark Yagy.
Can't wait.
We're going to teach you how to make some money in the market.
We're also going to talk about how the stock market is rigged.
And you're not going to want to miss this.
So make sure you go to Rumble.
Type in scriptures on Wall Street.
Follow us there because it will be there.
And click that like and subscribe button.
And that way you can support us.
And that way you can continue doing this going into 2024.
Guys, I'm out of here.
I appreciate it.
I hope this content, this conversation was beneficial for you.
And love you guys.
And just give us a call.
Let's have a conversation.
Let's get you an America First retirement plan that's going to protect your principal, basically help prevent you from being overtaxed on your IRAs, and have the ability to be free once for all from the banking system.
God bless you guys, and we'll talk soon.
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