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Oct. 1, 2024 - Stew Peters Show

56:15

Millstone Report w Paul Harrell: Longshoremen STRIKE, Is It ALL THEATRE? Economy On Brink Of Chaos

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	Thank you.
	Thank you.
	Tuesday today, debate night tonight.
	Welcome to the program.
	Thanks so much for being with us.
	My name is Paul Harrell.
	This is the Millstone Report.
	And as always, you know, we can't do the program without you watching every single day.
	You guys know the drill at this point.
	It's October, October the 1st, and that means we are officially in the last quarter of the year.
	We're in the middle of arguably the most consequential election in American history.
	and October is always a month full of surprises.
	What will be this cycle's October surprise?
	Well, if you ask Hillary Clinton, she thinks some right-wing conspiracy about Kamala Harris will emerge, and she compared it to the allegations made against her in 2016 having to do with pizza.
	Child sex trafficking.
	More on that later in the show.
	To complicate things even more for the Kamala Biden administration, who knows, maybe that's by design, America's ports are currently closed because longshoremen have decided to strike.
	They claim they have not been fairly compensated because during the COVID pandemic, they did not stay home and instead they opted to keep the country supplied and keep the country fed.
	According to Harold Daggett, the chief negotiator for the International Longshoremen Association, he says many of his men died from the virus while global corporations made obscene profits during the global health crisis.
	And now that the crisis is over, he wants his men compensated.
	He thinks his men deserve more money.
	Watch.
	But today's world, it's changing into the future.
	They're not making millions no more.
	They're making billions.
	And they're spending it fast as they make it.
	I want a piece of that for my men.
	Because when they made their most money was during COVID. When my men had to go to work on those beers every single day, when everybody stayed home and went to work.
	Not my men.
	They died out there with the virus.
	We all got sick with the virus.
	We kept them going.
	From Canada to Maine to Texas, Great Lakes, Puerto Rico, now the Bahamas, everybody went to work during COVID. Nobody stayed home.
	Well, I want to be compensated for that.
	I'm not asking for the world.
	They know what I want.
	They know what I want.
	And if they don't...
	Well, then I have to go into the street and we have to fight for what we rightfully deserve.
	These people today don't know what a strike is.
	Right.
	When my men hit the streets from Maine to Texas, every single port will lock down.
	You know what's gonna happen?
	I'll tell you.
	First week, be all over the news every night, boom, boom.
	Second week, Guys who sell cars can't sell cars because the cars ain't coming in off the ships.
	They get laid off.
	Third week, malls start closing down.
	They can't get the goods from China.
	They can't sell clothes.
	They can't do this.
	Everything in the United States comes on a ship.
	They go out of business.
	Construction workers get laid off because the materials aren't coming in.
	The steel's not coming in.
	The lumber's not coming in.
	They lose their job.
	Everybody's hating the longshoremen now because now they realize how important our jobs are.
	Now I have the president screaming at me, I'm putting a Taft Hartley on you.
	Go ahead.
	Taft Hartley means I have to go back to work for 90 days after cooling off period.
	Do you think when I go back for 90 days, those men are going to go to work on that pier?
	It's going to cost the company's money to pay their salaries.
	Well, they went from 30 moves an hour maybe to 8.
	They're going to be like this.
	Who's going to win here in the long run?
	You're better off sitting down, and let's get a contract, and let's move on with this world.
	In today's world, I'll cripple you.
	I will cripple you, and you have no idea what that means.
	Cripple the economy.
	Interesting.
	And to top all of that off, today, October 1st, marks the day the Federal Reserve announced back in August that bank capital requirements have now changed.
	It's something that has been apparently a long time in the making, and it's called Basel III.
	Back on August 28th, the Federal Reserve released this statement, quote, Federal Reserve Board announces final individual capital requirements for all large banks effective on October 1st.
	That's today.
	Following its stress test earlier this year, the Federal Reserve Board on Wednesday announced final individual capital requirements for all large banks effective on October 1st.
	Large bank capital requirements are informed by the board's stress test results, which provide a risk-sensitive and forward-looking assessment of capital needs.
	It goes on.
	The table shows each bank's common equity tier one capital requirement, which is made up of several components, including the minimum capital requirement, which is the same for each bank at 4.5%.
	The stress capital buffer requirement, which is based in part on the stress test results, is at least 2.5%, and if applicable, a capital surcharge for the largest and most complex banks, complex is the key word here, folks, which is updated in the first quarter of each year to account for the overall systemic risk of each of these banks, which is updated in the first quarter of each year to account Now, obviously, that sounds rather complicated.
	And that is by design.
	Financial oligarchs, I've come to learn, love complex systems because the more complicated something is to understand, the smaller group of people actually know what's going on, and the smaller the group of people that understand a complex system, the more opportunity for corruption and outright thievery emerges.
	However, this change, this Basel III, just may have some of the right people upset and flustered.
	Here is JPMorgan Chase CEO Jamie Dimon about nine months ago speaking against this regulatory change.
	Watch.
	Despite zero evidence that U.S. banks undercapitalized today, the proposed Basel III endgame rule, 10 years in the making, shockingly, if enacted, would increase capital requirements by about 25% for the largest banks.
	None of these proposed changes, by the way, would have effectively prevented the Silicon Valley bank failure.
	The rule would have predictable and harmful outcomes to the economy, markets, business of all sizes, and American households in ways the Federal Reserve has not studied, contemplated, or shared.
	Mortgages and small business loans would be more expensive and harder to access, particularly for low to moderate income borrowers, as costs for originating and securitizing loans rise.
	Savings for retirement or college will yield lower returns as costs rise for asset managers, money market funds, and pension funds.
	Government infrastructure projects will become more expensive as capital requirements for market activities will more than double, translating to higher costs to build hospitals, bridges, and roads.
	From beverage companies that need to manage aluminum costs to farms that need to protect against environmental risks, if the cost of hedging these risks increases, everything from a can of soda to meat products will be impacted.
	Ironically, a proposal meant to mitigate risk will actually increase risk.
	This rule will result in an increased shift away from regulated markets to less regulated markets, which was not also studied, by the way, and this activity will be out of the sight of regulators unable to see the next crisis brewing.
	I fear that the proposed now, study later, has become a troublesome new theme in Washington.
	There have been a number of consumer-focused products, caps and late fees, or interest rates, cuts to debit, interchange, to name a few, where virtually no economic analysis has been performed to determine the individual or collective impact of these roles in consumers, small businesses, lower-income families, markets, or the economy.
	The debate should not always be about more or less regulation, but the right regulations to keep America's banking system the best in the world.
	I urge lawmakers and regulators to be thoughtful about the effect of arbitrary and unstudied regulatory proposals and their cumulative impact on the economy.
	Good regulations and good regulators are critical to maintaining the strength of our banking system.
	Our nation should give thanks to Chairman Powell and Secretary Yellen for their tremendous work through some complicated economic times, including their work on sanctions following Russia's invasion of Ukraine, So as you catch all that, first of all, do you think America, he says America has the best banking system in the world.
	Do you believe that in terms of is it the best banking system in the world for the American people?
	No.
	I don't know.
	If you kind of read between the lines there, I get the feeling Jamie Dimon is, I don't know, maybe losing influence and control under these new regulations that go into unregulated markets.
	That translation means people of his ilk have less of a say.
	Maybe.
	I don't know.
	I'm trying to read between the lines.
	I'm not a financial expert.
	I don't know.
	I know somebody who is, though.
	His name is Carlos Cortez.
	He's the CEO of Cortez Wealth Management, and he joins us now to talk a little bit about the economy.
	Carlos, welcome to the Millstone Report, sir.
	Thank you so much for being with us.
	Paul, long time no be on a show with you, my friend.
	Thank you for having me.
	It's been a long time coming.
	I really appreciate it.
	And, you know, we've got this longshoreman strike.
	It just dawned on me while I was delivering the monologue that this entire thing could be orchestrated to give Joe Biden or Kamala, you know, a win.
	You know, let the crisis get pretty bad.
	And then Kamala rides in and, you know, negotiates a way to, you know, that That could be their version of an October surprise.
	But anyway, let's assume that it's legitimate for now.
	I mean, what are your thoughts on the direction of the economy right now?
	Well, talking about the Basel 3, I've said it.
	I've said it.
	I mean, so many times on scriptures and Wall Street, which is on this network, by the way.
	Yeah.
	So our people know this.
	What they do is they create these distractions.
	Whether it's the P. Diddy deal, whether it's manipulated hurricanes and now terrorist attacks, wars.
	When they're doing all of this...
	They literally are changing the laws behind our backs.
	It is absolutely a whole setup.
	You know, back in, what was it, 2017, in January, on a Sunday night, people were getting ready for the playoffs, NFL playoffs and the Super Bowl.
	And during that time, they actually changed the landscape of Social Security at midnight during the During the night before Super Bowl, people were so distracted.
	And this is classic government moves.
	They will create these distractions and completely change the financial landscape and laws.
	So this has been going on for decades.
	But to speak to the Basel III, Jamie Dimon on that video, you can see him squirming in his chair because at the end of the day, Paul, they don't have the money.
	They don't have the liquidity.
	To actually have reserves.
	This is why what we do at Cortez Wealth Management is we find accounts that actually have reserves.
	The banks right now, they do not have.
	The FDIC, if you have a bank that's FDIC, first and foremost, you don't own your bank account.
	When you sign a bank account, the banking laws have changed to you being a participant of this checking account agreement.
	They give you the right to be a beneficiary of your own money, which you no longer own once you deposit it.
	So this is why they give you CDs or certificate of disappointment.
	I'm sorry, certificate of deposit.
	You actually relinquish your right To have ownership on that money because they're lending it out to Joe the plumber.
	They're lending out to other businesses.
	They're making their lion's share and giving you peanuts.
	So people are signing up for 4% CD. And in my opinion, it's a scam because inflation is much higher than that.
	They don't even have the money to back it up.
	If it's FDIC, they only require 0.74.
	Jamie Dimon said it himself.
	He's like, you want us to increase our reserves by 25%.
	Well, right now, it is at 0.74.
	They want to increase it.
	I think the Basel III want it at 2.5%.
	I could be wrong.
	So, they don't have that extra percentage to cover their reserves.
	They just don't have it because...
	They're hurting right now.
	They've lost money on the treasuries.
	They lost money on rising inflation.
	They've lost money on the rising interest rates.
	The banks cannot loan out.
	I mean, think about commercial real estate, by the way.
	There's $800 billion between last year and this year.
	$350 million this year, $400 and some change last year.
	We're going into default and they had to refinance.
	No one's talking about the power of commercial real estate because the banks are waiting for the interest rates to come down lower so they can ride it off their books.
	And because of that, we're going to see more bank closures.
	There's actually more bank closures in 2023 than there was in 2008.
	Wow.
	We want to make sure that when our clients invest with us, we find accounts that actually have reserves to back them up.
	The only way you could get full dollar for dollar reserves are with life insurance companies, which we represent.
	You don't have to buy life insurance, but you can buy insurance contracts.
	You can have IRAs.
	You can have 401ks.
	You can have non-retirement accounts with insurance companies that Actually have dollar for dollar cash reserves.
	So you're not stuck.
	You're not stuck in a banking situation.
	Do not have your retirement in the bank.
	At the end of the day, you want to have diversity.
	Yes, we like precious metals.
	Not for all your money, right?
	I have them here.
	Not for all your money, but a portion of it.
	That's a lot.
	I feel like I can hear a lot.
	You have like a Scrooge McDuck vault.
	I got a little bit here.
	More guns than precious metals.
	More guns?
	Okay, yeah.
	I like that.
	A Scrooge McDuck vault full of guns.
	Or full of ammunition, right?
	I don't know if anyone's ever read the book one second after.
	Not financial advice, but I believe my ammo would be worth more than a silver.
	Well, there's a book that was written called One Second After where.22 cartridges,.22 bullets actually become currency because you can basically kill anything with a.22 if you know what you're doing.
	And they make so many of them and they're so cheap.
	Okay, so, or they used to be.
	I don't even know what the price of a.22 right now is.
	All right.
	So what's interesting to me, and I'm glad you brought up the Jamie Dimon, he did seem like he was squirming.
	And this is not just from my understanding now, and I'm not a financial expert, but this has been a long time coming.
	The limit of research I did on these Basel III requirements, this is not just a U.S. thing.
	This is an international thing.
	And it really, to me, I think it kind of ties in with the rise of BRICS. I don't know exactly what that coupling looks like.
	But you clearly have, you know, if you take all of the wars and all the potential World War III conflicts out of it, to me what's at the base of it is countries that are sick and tired of what they perceive to be U.S. dollar tyranny.
	want they want some fairness they want some international fairness and they're not getting it and that's why you have the rise of the BRICS nations uh you have people maybe some nations wanting to go back to actual backing their currency with commodity not just the faith of the federal reserve whatever that is and this is creating a tension this In America, for the most part, we've spent $30 trillion we don't have.
	We were $12 trillion in debt, Carlos, when I started in my journalism career.
	Now we're $30 trillion, and for the most part, there's been no consequences of it, right?
	And so we live in this financial iron curtain, I believe.
	Where we're not actually experiencing the consequences that you would if we weren't the United States of America.
	So when that goes away, is that a distraction?
	Is that used?
	Is it an emergency in a glass case that's used to then keep people like Jamie Dimon in power?
	Or do they go to World War III to try to keep themselves in power?
	Loaded question, but feel free to respond.
	Yeah, it's...
	Basically, what you're asking, it is a New World Order plan.
	It's a plandemic.
	The COVID was a plan.
	The bioweapon was a plan.
	The interest rates fallout was a plan.
	The rigged election was a plan.
	We are living the book that they already wrote.
	At the end of the day, it's God.
	God knows how this story is going to end.
	We, as believers in Christ Jesus, know exactly how this story ends.
	So there's really no reason to panic.
	At the end of the day, what you have to do is, just like here in Florida, we're prepared for storms 24-7.
	We have life rafts.
	We have gas masks.
	We have survival food, solar panel generators.
	I mean, bring it on.
	Hunkering down.
	It's the same thing financially.
	It's the same thing spiritually.
	So we see them.
	We see them making their moves.
	I'm not shocked by anything.
	I will tell you this when it comes to the stock market.
	I'm looking at the charts.
	It's so much projection up.
	There is so much pumping going on right before the election, and we talked about this on scriptures, that you're going to see massive amount of bullish runs from quarter to quarter, and then it's actually weakening right now because the volatility index is around 13, 14.
	It's been hovering at 15, 16, but whenever it's under 18, We see typically the markets going up.
	But right now we're starting to see these spikes where it goes over 18, Paul.
	And once we start seeing those, and also coupled with the uninversion of the yield curve.
	So we look at the yield curve.
	The yield curve alerts us and it's kind of like a prophetic way of letting you know where the markets are going to go in the state of our economy.
	Because if you look at a two-year curve, the two-year Treasury is paying roughly about 4.35 and a 10-year is paying roughly 4.25.
	So you're mean to tell me that long-term America is not as strong as a two-year short-term America.
	And so that's how What other countries view us as is that we're not a safe place to invest.
	And it's actually been like that for the past, since COVID. It's been inverted.
	And when we have this inversion, it's not the inversion that causes a panic.
	It's the airing of the dirty laundry where it gets back to normal.
	And it's converting back to normal, where the two-year is actually paying closer to the five, and the five-year is paying closer to the 10-year treasury.
	So you're going to see that uninversion.
	And that's when we see the stock market crash.
	That's when we see all the problems.
	But on top of that, we've got a lot of false flags happening right now.
	We have a World War III that It's potentially on the rise with this Beirut and Israel debacle.
	I hate war like that, but unfortunately, that's the time that we're living in.
	And we have financial problems.
	We have commercial real estate that no one's talking about.
	We have this Basel III that is really, really terrible.
	Let's not forget.
	Let's not forget, Paul.
	I think in my opinion, see on my podcast I talk about things that are opinion and things that are fact and things that I discern.
	And one of the things I do discern is the reason why they're letting all these illegals and Haitians and it's not just Mexicans anymore.
	It's illegals all over the world.
	They're letting people come in in order to create chaos.
	There is order in chaos.
	That is a satanic, diabolical principle.
	Satan needs chaos in order to have order.
	And so if he can create chaos, he can have his way.
	So, we got an open border.
	We got a financial crisis on the loom.
	We got real estate that no one's talking about.
	We got World War 3s.
	This is chaotic, man.
	It's crazy chaotic.
	And people don't even know that they don't own the money in the bank.
	They don't even know that they own their 401ks because the government has all these secret terms in there that you are a participant and not an account owner.
	If you don't believe me, call your 401k provider right now.
	Pause this podcast.
	Call your 401k provider and say, can I withdraw money?
	And see what they say.
	And I guarantee you, you'll be calling participant services.
	You're not calling account owner services.
	Huge, huge difference.
	A lot of people don't even know the contractual agreements of their own money.
	This is why we color code our monies when you're a client.
	You understand what that means.
	Yellow, red, and green.
	You want green money, not red money.
	A little bit of yellow money and maybe some precious metals.
	We color code things with our clients so they understand the good, bad, and ugly about it.
	Going back to what I'm talking about is that I believe they opened up the borders so that they can implement chaos.
	And with chaos, they can roll over the FedNow program.
	They can roll over...
	I don't know if you're familiar with the FedNow program.
	It came out about two years ago, and it was already implemented.
	And with the FedNow program, with 188 banks...
	Have already raised their hand and said, hey Paul, we want to go ahead and send all of our reports and our tracking devices to the government so they can look at what they're spending.
	No privacy.
	So this is FedNow program.
	And in order for FedNow to work, they need chaos.
	They need something to say, hey, we have a solution.
	It's called FedNow program.
	We came out with it five years ago, four years ago.
	And now we're really going to implement it because it's chaotic.
	We got Haitians eating dogs and your pets and your chicken coops.
	Do you think that's going to turn into a central bank digital currency?
	Is that kind of a precursor to that?
	This is all in the making of this to happen.
	Open borders, chaos, people killing each other, rape, drugs, everything that we don't want.
	And they're going to say the solution is we need to track, trace, and control these people.
	The only way we can do that is facial recognition software.
	Implemented with social credit score, implemented with the FedNow program, which we already designed.
	Oh, by the way, we have this new blockchain that's approved by the government that we can track, trace, and control you, and it'll be effective.
	And you can't go grocery shopping.
	You can't get on an airplane.
	You can't do this.
	You can't do that unless you are a good social credit score citizen.
	This is what's happening in China.
	Well, man, that is a lot.
	By the way, a 401k, as you describe it, sounds a little bit more like a timeshare, that once you get in, you're trapped, that it does anything.
	It really does.
	I mean, once you're listening to it, I'm like, a participant, huh?
	Yeah, not an actual owner, right?
	But that's what they say, like, you'll own your own vacation.
	But you don't really, it's a disaster.
	But, okay.
	So, we're almost out of time.
	I know you've got to go, Carlos Cortez, but in light of all of that, one of the things that you didn't mention was, you know, the presidential candidate that at least appears to stand against all of this is being shot at, and they're trying to kill him.
	So, how important is this election, do you think, coming up in less than 40 days?
	It's important to stay strapped, brother.
	Yeah.
	It's important to bear your arms, protect your family, protect your rights, and carry everywhere you go.
	If you're in a state that doesn't allow you to carry, get the H-E-L-L out of there.
	Because either way, either way there's going to be riots.
	Either way, there's going to be riots.
	There is going to be riots.
	If Trump gets in, there's going to be a riot.
	And you know, the woke left, they love blowing up cities.
	There will be conservative riots that these guys, I mean, there's some country boys out there that are not going to take it.
	And then you also have J6 all over again.
	Federal agent provocateurs disguised as MAGA or whatever.
	There's obviously that as well.
	All that is planned so they can have a social credit score.
	They can't take our guns away.
	So what they're going to do?
	They're lawyers, man.
	They find different ways to backdoor you.
	They can't take your guns away, but what they can do is limit you.
	They can track, trace, control you, backdoor you, put you on a social credit score.
	You cannot buy groceries.
	Social security people, people that work for the government, military, you will not get your paycheck until you are social credit scored.
	This is how they're going to do it.
	They're going to create chaos.
	Call me crazy.
	Maybe I'm just a lunatic, a tinfoil hat.
	I don't care what people think.
	Looking at the financial markets, I'm excited either way because we're going to make a ton of money.
	I know how to make money.
	You know the paths to take.
	That's a perfect way to end it.
	Folks, if you have retirement and you want to save your retirement and you want to grow your retirement, You need to check out Carlos Cortez.
	Ask him.
	You just have a conversation.
	You hear it on the program all the time.
	Just ask him what an America First retirement plan is.
	I mean, he obviously knows what he's talking about.
	And so you can do all that.
	Go to CortezWM.com.
	That's CortezWM.com.
	Carlos Cortez, my friend.
	I'll give you the last word.
	No, I just want to say, Paul, I appreciate you.
	I believe in your message.
	I appreciate that you bring a biblical perspective to all your news, so I watch you all the time.
	And for those of you listening, Paul is a man of his word, and he also is a God-fearing patriot.
	True, true True gangster, man.
	I love Paul.
	And not just that, but a priesthood.
	And I think we have a masculinity problem here, Paul.
	At the end of the day, it's the masculinity crisis that is responsible for family breakups, responsible for these gummy bear churches preaching his prosperity garbage, and this fake godly message.
	It is why men are getting fat and lazy and the Latino and black community is known as gay.
	They always make us look gay on TV, like the fat guy on the couch.
	It's very, very important to see how demasculinitized Or the wussification of America is right now.
	To me, it goes back to that.
	We're not standing up for our faith.
	We're not standing up for our values.
	And we're known as weak.
	And the women are wanting this equal rights stuff.
	And it's affecting our money.
	It's affecting everything.
	And so to me, that's really the major problem.
	I agree.
	And on that, that is the problem 100%.
	There is some hope.
	Now, obviously, there's always hope.
	But I came across this statistic the other day, and I had it say for the later segment of today's show, a guy named Shane Morris over on X says, for pretty much all of Christian history, women have tended to be more religious than men.
	It speaks volumes about the time we live in that young men, according to this study by Brad Wilcox, or this tweet by him, young men in the Gen Z category are now becoming more religious than young women.
	A guy named Brad Wilcox says, never thought I'd see this.
	Church going is up in Gen Z, and it's led by young men.
	Quote, religious attendance is actually increasing among young men, and there's the article about it as well.
	And so what I got the feeling of, Carlos, when I saw that news, I'm just like, wow.
	I mean, what does that mean?
	And I'll tell you what it means historically, is when people fear God more than men, there tends to be positive results down the road.
	There may be conflict before those positive results get there, but you're exactly right.
	We need strong men, and it seems like the next generation is trending that way.
	And that's a very, very positive thought.
	Yeah, absolutely.
	We're going to need Paul.
	We will be persecuted.
	We will be persecuted.
	We have to learn to fight.
	We have to learn to bear arms.
	If you look at David and just being a priesthood, I call it a biblical gangster.
	Dude, he will die for his sons and kill for his daughters.
	I mean, these are the men, the priesthood, we've lost that in the home.
	And it shows up in your retirement.
	It shows up in your marriage.
	It shows up in your life.
	It shows up everywhere.
	And we've taken God out of schools.
	We've taken just everything out.
	And so this is why my show is so powerful to me is that's why scriptures in Wall Street is because Wall Street is the most evil place on earth.
	But it's an oxymoron because the only thing that could fix Wall Street is scriptures.
	And so I'm very passionate about that.
	And honestly, if you're funding this, you have no reason to complain about your retirement.
	That's right.
	No reason to complain.
	And so you're saying that because you offer an alternative where you don't have to fund the corrupt system.
	There's other places you can fund that are not going to fund people that hate you, your family, and the traditional idea of America.
	Yep.
	Carlos, I appreciate it, sir.
	Let's do it again soon and be safe.
	Appreciate it, brother.
	God bless.
	Folks, we're going to take a break.
	Don't go anywhere.
	We'll be back here in just a moment.
	Hey guys, Carlos Cortez here.
	Hope you're doing well.
	Why don't you just do a quick minute on quick market updates.
	I know we have the Fed lowering interest rates and it's going to send markets into a volatile state.
	You need to get your house in order and we're here to protect you.
	So if you haven't received any of these type of returns, let me show you.
	Long term speaking.
	Long term money.
	If you haven't received any of this type of returns since 2002, a 24%, a 17%, a 5%, a 12%, a 9%, all the way in 2008, this index lost 14% when you knew the market was down 40%.
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	And let's just have a conversation.
	All right, folks.
	Hey, y'all.
	Here we go.
	We're back.
	Before we go any further, though, I do want to say it one more time.
	Left wing will with a red pill.
	That's left wing will with a red pill.
	This is the game that laughs at the left's expense.
	You see it there.
	And this is Will.
	He loves to argue without having any facts.
	This is a game that I created, and you're going to have a great time.
	This is about comedy, and, yeah, we make fun of the left.
	But there's not a four-letter word in the game, but we also have to accurately describe the woke sex religion of the left.
	So you can imagine how weird left wing will is right.
	Leftwingwill.com and promo code Paul will save you 15%.
	If the left wing makes you ill, play left wing will and the red pill.
	Yeah, okay.
	So yeah, leftwingwill.com.
	There you see the game.
	All right, so what do we have next?
	I mean, I'm telling you, I've got so much content to get to, and I'm going to run out of time.
	Tonight, a little programming note, tonight I'm going to be live streaming the vice presidential debate on X, on NationalFile.com's X account.
	So NationalFile's X account, I'll be joined by a cast of characters, similar to what we did last time during the presidential debate.
	So vice presidential debate between Tim Walz and...
	And J.D. Vance is tonight.
	And, you know, who knows what's going to happen, but I have a feeling that it's going to be...
	I mean, Tim Walls is just a clown person, right?
	Can we agree that Tim Walls is a clown person?
	I mean...
	Anyway, so we'll have more on that later tonight programming note.
	You definitely want to check that out.
	Okay.
	The Longshoreman thing, though.
	Real quick.
	This is the latest that I have on the Longshoreman dust-up.
	Here is...
	Let's see.
	I've got his name right here.
	Harold Daggett.
	Okay, Harold Daggett.
	This is the guy leading this fight.
	This is what he recently said.
	Secretary of Labor Julie Hsu has been terrific.
	She's knocking down doors.
	She's trying to stop this.
	She's trying to get us to a media where we can have fair negotiations.
	It's the companies that don't want to.
	They don't want to sit here and be fair.
	So that's why we're out here fighting for our livelihood.
	What more from the automation do you want?
	What more protections could there be?
	What more?
	Yeah, they have language in there now.
	Not strong enough.
	Because what happens is they come in with new technology.
	We just caught them in Mobile, Alabama, called Autogate.
	And that means the trucks are coming in and they're already checked in somewhere else and not using the checkers in the ILA. Circumventing the contract.
	They don't care.
	They don't care.
	It's not fair.
	And if we don't put our foot down now, they would like to run over us.
	And we're not going to allow that.
	You are going to grind the economy to a halt here on the East Coast and the Gulf Coast.
	Not us.
	They are.
	Don't spin it now because you're Fox News.
	They're going to drive it.
	But are you worried?
	They're going to drive it.
	Are you worried that this strike...
	They have the Capitol to settle this thing.
	Are you worried that this strike is going to hurt the everyday American, the farmers that need to reach the export market?
	They're telling me that they're going to hurt through all of this.
	Now you start to realize who the longshoremen are, right?
	People never gave a s*** about us until now, when they finally realize that the chain is being broke now.
	Cars won't come in.
	Food won't come in.
	Clothing won't come in.
	You know how many people depend on our jobs?
	Half the world!
	And it's time for them and time for Washington to put so much pressure on them to take care of us.
	Because we took care of them and we're here 135 years and brought to where they are today and they don't want to share!
	Okay, so again, Harold Daggett, that's the latest.
	And, you know, it's kind of playing out like he said.
	We're going to hear it in the news, and then...
	People will start to suffer.
	Now, let's think about this in terms of it is October 1st.
	This is now the new cycle.
	Let's think about this in terms of it potentially being a limited hangout, or I guess rather just more like a false flag in a way, misdirection, because here's this.
	The International Longshoremen's Association, which this is the main negotiator of Daggett, the guy you just saw, Somebody is letting us know that in 2020, the President Harold J. Daggett announces endorsement of Joe Biden for president back in 2020.
	So this group endorsed Joe Biden in 2020.
	So the way that this possibly could play out, and it's honestly really predictable.
	It's not even that difficult to assume that this is a manufactured crisis, potentially.
	Where Joe Biden or Kamala Harris, you know, it really could happen if Joe Biden, if a 25th Amendment Joe Biden or he's incapacitated and they swear in Kamala Harris and then Kamala Harris has a big publicized meeting and negotiates with the longshoremen and brings the strike to an end.
	That's a possibility that, you know, could be used to, you know, give a ton of positive press and that sort of thing to the Democrats during October right before an election.
	It's very possible.
	However, I don't know because even with the longshoremen strike that is inevitably going to pile on and make everything worse, people still can't afford groceries, right?
	And most people are blaming the current occupants of the White House for that.
	That's happened long before the longshoremen decided to strike.
	Anyway, so we're going to wait and see.
	We're going to monitor this story and see what's up.
	It is fascinating, though, that this is where we are right now.
	And then, of course, as we mentioned earlier, we've got the Basel III situation.
	So here's Nate Fisher of New Founding with an interesting take on the supply chain in light of the Longshoremen strike.
	He says distance equals fragility.
	Distance dependencies that run through choke points like ports increase the risk for any business.
	Longshore strikes are nothing new, but we experienced decades of exceptional global stability that allowed global trade to expand to unprecedented levels.
	For a few years, the world was flat and distance was treated as a minor logistical problem.
	We're now seeing ruptures in the system, many compounding with the growth of digital technology.
	Distance will again be recognized as introducing many often unknowable risks into any function.
	Companies with compact supply chains and even more, more so those that offer versatile substitutes in global trade will be rewarded.
	Again, that's an interesting take from Nate Fisher.
	The globalization...
	And I've listened to some interesting studies on this, just in terms of the global population decline, where it's headed.
	We're not having enough babies.
	And so globalization is going to become increasingly difficult, harder, because there's just not going to be the amount of people needed in the very near future.
	So, you know, for all the news tells you overpopulation is a problem.
	Shocker, it's the complete opposite that's actually true.
	That and the decline of U.S. hegemony, where you have the post-World War II consensus, which is, hey, America will guarantee your trade routes with a strong navy if you just accept the U.S. dollar.
	Obviously, that's coming to an end.
	You say what you want to, there may be a giant war to try to preserve it, but absent a war or absent some other unforeseen circumstance where they're able to beat back the BRICS nations and stop them from creating their own economic hemispheres, at the very least, I don't see that happening.
	And so without the guaranteed protection of trade routes with the U.S. Navy, which was essentially this agreement, hey, you're going to adopt our financial system and we'll guarantee your products and we'll be safe, you're going to see an increase in piracy and everything else.
	So yeah, the whole thing is coming.
	The globalization as we know it actually is coming to an end.
	The question is, is in the midst of the crisis, the technocrats and the technology that exists now that we have that can easily enslave populaces, is that going to be utilized?
	Or what's going to fill the vacuum?
	That's the question.
	It really is.
	In other news, I wanted to get to this yesterday, but I didn't have any time.
	There's a pastor by the name of Ray Ortlund.
	Now, you may remember the name Ortlund.
	Gavin Ortlund is a pastor who was featured in the book Shepherds for Sale.
	Megan Basham writing a book called Shepherds for Sale detailing essentially the leftist drift of Big Eva.
	Pastors used to be default right-wing, and now they're default left-wing.
	There's been a safe place for Marxism that's been carved out in the church, and this is from a lot of reasons.
	Megan Basham details in her book that it's from left-wing money, infiltrating evangelical-tied parachurch ministries.
	There's also, honestly, quite frankly, Democrat operatives who are pastors who actually believe all of the Marxist talking points.
	There are those people, too.
	There are also people who have been duped.
	Well, one of the people that she highlighted is buying into the nonsense of, was it climate change?
	Was Gavin Ortlund.
	Was it climate change or was it immigration?
	I can't remember.
	But anyway, Gavin Ortlund, this pastor, got called out and everyone said that, you know, everyone was like, Megan Basham's lying.
	Well, now his dad, Ray Ortlund, tweeted and then deleted.
	And I actually think this was a Threads post, so it wasn't an actual tweet.
	But he posted this, Ray Ortlund, pastor, you know, and I guess, is he Russell Moore's pastor?
	Is that right?
	Or he's a pastor for pastors at Russell Moore's church?
	He said, never Trump.
	This time, Harris, always Jesus.
	And then David French, who is the resident Democrat operative claiming to be a Christian who works at the New York Times, says this is the way.
	Shane Morris writes, this has been such a bizarre reversal to watch.
	Never Trumpism was often articulated as a refusal to vote for a guy who failed the minimum character requirements to be POTUS. Hesitant Trump support was often articulated as a pragmatic calculation.
	But now the character matters people are making an argument for pragmatically supporting Kamala whether or not you agree.
	And the pragmatic folks are insisting voting Dem is wrong in principle.
	Lost track of the rules of this game a while ago.
	We've got some fallouts here.
	Here's former Trump administration official William Wolfe and the head of the Center for Baptist Leadership.
	William Wolfe says, Now Ray Ortlund is backpedaling, claiming his post was misinterpreted.
	It was crystal clear he's voting for Kamala Harris this time.
	Classic subversive doublespeak.
	And what he's referring to is a...
	I guess it's a pattern where a lot of these woke pastors that don't like to be called woke and they never want to admit they're woke, they will tweet something that is clearly controversial, but it's got a lot...
	I guess this isn't even vague, though.
	Typically, it's at least somewhat vague where people say, are you saying X, Y, and Z? Are you saying homosexuality is not a sin or something like that?
	And then they always come back and clarify...
	No, Fred, you misunderstood me.
	And this is just this classic way of really just, in terms of the big evoscope, it's moving the Overton window to the left and towards Marxism.
	But this is what he said.
	Ray Ortlund, Pastor Ray Ortlund, said, I have deleted a post from earlier today because it was being misinterpreted.
	I should have foreseen it my fault.
	This is in response to him endorsing Kamala Harris.
	I wonder why he deleted it.
	I mean, I wonder if there were other...
	I guess we know what he says, why he says he deleted it.
	But you've got to wonder, did people call him and say, Hey, Ray, you've got to delete this, man.
	You're proving the conservative evangelicals' point about liberal pastors and progressive pastors who are subversives.
	William Wolfe, here's some shocking truth that conservative Christians need to wrestle with.
	This progressive subversion of evangelicalism is very well funded.
	David French, Russell Moore, Curtis Chang got millions for their left-wing after-party group and Sunday school curriculum.
	Ray Ortlund leads a very wealthy church and is part of the financially loaded gospel coalition.
	So, who is going to help fund counter-efforts?
	This is a very good question.
	This is a very good question.
	And again, that's the original tweet, Breaking Ray Ortlund endorses Kamala Harris for president.
	Remember, this is Gavin Ortlund's father and Russell Moore's pastor.
	He's the quintessential Big Eva pastor, and now he's using the name of Christ to endorse a pro-abortion, pro-trans-communist.
	Again, he said, never Trump, this time Harris, always Jesus.
	Honestly, do you understand what this pastor is saying he's doing for your children?
	This so-called pastor is saying, this time Harris.
	I'm voting for Harris.
	That's what he's saying, and any reasonable person would know that's what he's saying.
	He's now saying he's misunderstood which is preposterous.
	But just take note that in the climate of things this man thinks that your children's future will be better under Kamala Harris than Donald Trump.
	That is absolutely an attack against your posterity and your family.
	Rick Davis on X saying, Shepherds period for period sale.
	Confirming what Megan Basham said.
	We have Mr.
	Wrench.
	Is it Gabe Wrench?
	This is...
	The host of CrossPolitic Podcast.
	He says, so Ray Ortlund endorsed Kamala Harris, then defended it, and then deleted his tweet.
	He's now calling Big Eva Clown Eva.
	Also, Joel Berry says, thank you to Megan Basham for exposing who the Ortlunds were before they outed themselves.
	Now, look, I know that there's people watching this program or listening to this show on Spotify and Apple, and maybe you're not watching I'm quite as well versed with the big Eva, mid-Eva subversives that I'm engaging here.
	But just so you know, it's a pet peeve of mine.
	It's somewhere where I'm very interested in and I want to engage it.
	And as we run out of time today on the show, I'll say this.
	A lot of times those pastors on the left...
	One of the things that they tell those Christians on the right, and I'm not a minister, I'm a lay person that goes to church every Sunday, engaged in the culture war.
	The people on the left say Phil Vischer got called out by Matt Walsh, Phil Vischer the VeggieTales guy, who hasn't yet written an episode about the cucumber and tomato pushing their beds together Bert and Ernie style, but who knows, he may because he's gone woke.
	Maybe he's been woke for a very long time.
	These people say that, you know, they try to say that We shouldn't fight the culture war while they themselves, speaking out against us fighting the culture war, are actually fighting the culture war themselves.
	It's crazy, but one of the allegations that gets leveled at people like myself who claim to be Christian, who believe, I believe in the gospel, I believe in Jesus Christ, I believe in his ability to save sinners.
	I know he does it every day.
	Um...
	We're told that we care too deeply about politics, and we're sub-planning the gospel, and it's become an idol.
	And I just think to myself, on the way into work this morning, I drove by a road.
	I was at a crossroads, and if I went right...
	If I went right, I looked right, that'd be towards where I deer hunt.
	A couple hours away, and I thought, oh man, it's that time, right?
	It's that time to deer hunt.
	People are putting out, or their food plots should already be out.
	Maybe people are putting out stands, people are putting up feeders.
	Something I really like to do, right?
	It's also something that is relaxing.
	I enjoy it.
	I enjoy killing deer.
	I enjoy eating deer.
	Or I guess I should say harvesting deer.
	I enjoy harvesting deer.
	I enjoy eating deer.
	I enjoy providing meat for my family.
	But when you're away, you're away.
	You're away from your family, things like that.
	And I thought to myself, huh, I need to be careful.
	I'm excited about deer season, but I don't want it to become some obsession that is unhealthy.
	And this was just my own inner monologue.
	I'm talking to myself.
	And I thought to myself, wow, At least in my own life, that has the ability to actually be an unhealthy idol way more than this other stuff.
	And then it dawned on me.
	One is a lot more self-consuming.
	One is a lot more selfish.
	But the reason that I speak out against these things, the reason I care deeply about politics, and you can care deeply about an issue and it not become an idol, is really less about me.
	It's less about me being right, although who doesn't like to be right?
	I admit that.
	Who doesn't want to be correct?
	But it's to fight against all of this wickedry and devilry.
	It's to fight for the future of the next generation.
	It's to fight for a future where my child doesn't have to memorize Scripture because the Bible one day may be confiscated, although you should do that.
	That's what we're doing, and at what cost?
	You talk about a left-wing Christian who's in the fight or whatever and is constantly accusing the other side of being idolatrous towards politics.
	What do they have to lose?
	Are they actually risking anything from speaking out?
	No.
	They're still getting invited to the cocktail parties.
	They're still offered a seat at the cultural table of plurality and neutrality, at least for now, because they're not one of those Christians.
	They speak out against those fundamental Christians.
	And yet, they're the ones that accuse us of idolizing politics.
	When in reality, if you look, what do we have to gain from doing it other than we're going into the line of fire?
	If you are a Christian and you want to engage, you risk getting fired from your job these days.
	You risk being investigated by the federal government or whatever.
	Whatever they want to do, right?
	You may beat the charges, but you won't beat the ride.
	And it just dawned on me today, my goodness...
	The left, specifically these pastors in Big Eva that I believe are either duped, sincerely duped, or they themselves are Democrat operatives, or they themselves are just embarrassed of who they should be calling their brethren.
	I don't even know.
	I think they project the thing that they are guilty of onto their opponents.
	I think that's what's going on.
	That's all the time that we have for this edition of the Millstone Report.
	Thanks again to Carlos Cortez for coming on the program.
	You really should check out his investment strategies at cortezwm.com.
	I keep running out of time, and I said this the other day, but I'm in the works of...
	We're going to be adding new content, new and extra and bonus abilities, opportunities for you guys to consume more news.
	And so stay tuned for those announcements because I'm really excited about it.
	But anyway, that's all the time that we have.
	Unless I am providentially hindered, I'm going to see you guys back here tomorrow.
	And remember, National File tonight, National File Twitter account over on X. I'm going to be live streaming the vice presidential debate with a host of characters.
	You don't want to miss it until tomorrow.
	We'll see you.

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