Ghost analyzes a volatile market where Disney's earnings drove the Dow up despite broader declines, urging investors to buy blue-chip stocks like Coca-Cola and GE to hedge against rising inflation and a looming municipal bond crisis. He predicts state bankruptcies excluding Texas, blames Iranian funding for Middle East unrest, and attacks communism while defending Bill Cosby. Ghost also rants against welfare recipients, criticizes modern media like Jersey Shore, and advises youth to avoid debt in favor of gold accumulation and dividend stocks. [Automatically generated summary]
A Napa guy knows the only way you'd give a freshly mined driver a brand new car is if he promises to never drive it.
Instead, let him grind the gears and knock over the neighbor's mailbox in something a little more suited to his skill level.
And with over 400,000 parts and a little Napa know-how, he can safely drive something that's nearly as old as he is.
It's not perfect, but it's perfect for him.
That's Napa Know-How.
Love Colt Radio.
This is True Capitalist Radio.
True Capitalist Radio.
I am your host, the man they call Ghost, the badass of business.
Give him capitalism or give him death.
That's it.
Terry.
Broadcasting from his skylight office studios in beautiful downtown Austin, Texas.
You sound fruitier than a box of fruit loops, for Christ's sake.
And now, he'll take it from here.
Your host, the prognosticator of prognosticators, the man they call Go Me.
It's True Capitalist Radio.
This is episode number 19 for the folks that are keeping track.
I want to thank everybody for tuning in live with me and all the folks that are tuning in with me in the archive.
Before we get into anything else, I'd like for everybody to please add to your favorites or bookmark the official website of the True Capitalist Radio, and that's blogtalkradio.com slash ghost.
Once again, folks, I want to thank everybody for tuning in with me.
It was a sell-off hump day.
Of course, the Dow Jones Industrials there at the last 30 seconds decided to go ahead and close on the upside at about six points.
And we're going to talk about that.
We're going to talk a little bit about inflation, talk about Ben Bernanke's testimony in front of Congress.
We're going to talk a little bit about the Meredith Whitney and municipal bond crisis that is just plaguing the business news for all the folks that are interested in that.
We're going to talk about corn, wheat at the highest prices since 2008.
We're going to talk a little bit about cotton hitting pre-Civil War prices for, I mean, it's disgusting what's going on here.
But if you would have listened to Ghost, once again, if you would have listened to this man, you would have made some serious money and you would have gotten into these commodities markets and definitely had reaped the rewards of these gains based on a variety of different factors.
So we're going to talk about that.
We're going to talk a little bit about the uprisings that are still happening in the Middle East.
I know that the crude oil prices don't reflect the crises that are happening in the Middle East.
And I'm not just specifically talking about Egypt and Jordan and Yemen, but there was an oil tanker that was destined for the United States that was taken over by pirates in that same coast out there, I think off the coast of Yemen, if I'm not mistaken.
So, you know, you've got all these factors into consideration that are jeopardizing the oil production and the oil transportation to American soil.
So, you know, once again, the market's not necessarily for reflecting that.
And then we're just going to take your calls, take your questions.
Do you have anything that you want to chime in about?
646-652-4869.
If you could please, folks, spread the word about the True Capitalist Radio Show.
If you're listening in live right now, if you can tweet it on your little Twitter and put it on your Facebooks, if you can put it on your social networking sites, whatever.
Anyway, folks, right now I'm drinking a little bit of Mac Allen on Ice.
Hopefully, you've got yourself a post-market libation.
It was a volatile market today, but it was still decreasing on the downside.
At least the Dow Jones Industrials at the last 30 seconds moved up on the plus side.
But for the most part, people were selling off, and rightfully so, they're selling off.
I still think that we're going to see a little bit more inflated gains because we've got some earnings to continue to come in as the days go by.
And as the earnings continue to go up, I believe that a lot of these equities are going to continue to move forward.
So volatility in the market is there for day traders that are taking advantage of these choppy waters that are the volatile markets.
It seemed to be the norm at this point in time.
Anyway, the Dow Jones Industrials closed off at $12,239.90.
It was up 6.74 points.
But let me tell you something.
The Dow Jones Industrials was negative all day, all day.
I mean, but if you look at the chart, the daily chart, it's choppy.
You know, those Dow Jones Industrial blue chip stocks were just definitely something to look at if you were a day trader today.
Also, the SP 500 closed on negative.
Actually, it closed a little bit less negative than I anticipated.
It was only down a little over 3.5 points, closing out at 1320.
We also have NASDAQ down seven points, so actually close to eight points, closing out at $2,789.
So a lot of people moved out on equities, folks.
I mean, you know, you were probably somebody that had some inside trader information if you made some serious money today outside of the volatile day trading choppy waters that are available.
Excuse me.
Just drink a little bit of that McAllen, boy.
You got to have it.
Anyway, to talk about some of the gainers that were in the markets today, because there wasn't many, but the ones that were gaining, they were the ones that pushed the market in the Dow Jones Industrials forward six points or a little over six points.
Look at some of the big movers.
Some of these big movers like Buffalo Wild Wings, believe it or not, closed up $6.11 today at a change of 12.89%.
So that's some pretty good gains right there.
Retail Ventures Inc. was up $2.05, a change of $12.86 percent.
It closed out at $17.99 as the stock price.
You got movers like Sinclair Broadcasting Group that moved up $1.04, which changed the stock today at an increase of 10.45%.
And of course, Sinclair Broadcasting closed out at $10.99.
Just a couple of movers and shakers out here.
DSW Inc., folks, was also a mover in today's markets, even though it was down.
DSW, believe it or not, is a shoe company.
The common stock right now went up $5.43 today.
If you happen to have been a mover and shaker or prognosticator on that stock, you definitely cashed in.
It was a change of 14.99%, actually 15% increase today alone.
So what does DSW tell me on the play that I gave a caller, I believe was yesterday, about an off-the-top of the head stock.
I believe I said Skecher Shoes or Skecher Boots or whatever it's called.
But let me tell you something right now.
I am bullish on Skechers.
You look at all the shoe company with the exception of Nike and Nike has done a lot of bad things up top.
We don't want to necessarily talk about Nike as a corporation.
But I feel that before the earnings come out for Skechers and the earnings come out February 16th, I think it's a good play.
It's a good play to hold on to for, like I said, at least three to six months.
For all those entertaining that idea for making a play for Skechers, an indicator right here would be today's increase in DS, or excuse me, DSW Inc. shoes, which closed out at $41.66 common stock price.
And of course, it increased $5.43 today alone.
I mean, unfreaking believable.
Now, some of the biggest losers out here that, you know, you happen to have been holding on to some stocks, and it's just some big losers.
Computer Sciences Corporation went down $8.11 at a change of 14.34%.
Man, that's some bad bleeding out the pocket.
Good God.
I mean, I wouldn't be surprised if some of those people that own thousands of shares of that threw themselves up a freaking window because they just lost 14 or close to 15% of their net worth of that particular stock value.
We also have USANA Health Sciences Inc. down $5.21 and a change of 13%.
I can go down the list.
There was a lot of people that lost a lot of money today.
North Dynasty Minerals went down considerably, down $2.96 at a change of 14.37%.
There's some bad days on the market here.
I mean, if you happen to be a holder in Sierra Wireless, I'm sure your gums are still bleeding because they were down 26.13%.
It was down $4.05, closed out $11.45.
And of course, one of our biggest losers today was Smith Microsoftware.
Smith Microsoftware closed out at $8.50, but folks, it lost 34.92% of its value.
Unbelievable.
Unfreaking believable.
But anyway, folks, we're overviewing the markets and we're talking about the movers and shakers.
Once again, folks, there was a sell-off in the market.
The only reason that the Dow Jones Industrial is up on the plus side is because we have some of these blue chip stocks are really kicking some ass.
Disney released its quarterly earnings yesterday after the market closed and basically beat the streets' expectations and it fueled, fueled the increase in its stock today.
Let me get Disney's stock so I can give you an exact quote on that.
43.36 it closed out at, it went up $2.18.
$2.18 at a change of close to 5.5% just today alone on earnings.
Walmart, of course, Blue Chip, it was up 0.62%, up 35 cents closing out at 56.73.
Travelers, for some reason, we've been talking about Travelers increasing for the past couple of days.
I don't know what the hell they're doing, but they were up 93 cents today, up over 1.5%, closing out at 58.81.
And you just got a lot of movers and shakers out here.
Hewlett Packard announced today that it was going to release a competitor to the iPad, some kind of a touchscreen iPad competitor.
You know what I'm talking about, the little gizmos that are probably made from China.
Anyway, there was some hop on that.
Hewlett Packard went up 80 cents at a change of 1.66%.
And of course, for you folks that were hopping on that General Electric play that I've been long on, I'm long on General Electric.
If you happen to have listened to when we broke the AOL acquisition of Huffington Post, a lot of people were concerned, and they were asking my opinion, what the hell they should do.
I said a safe play, General Electric.
It's been up ever since I've suggested it.
It was up 3 cents today.
Actually, it was up a lot more than that.
I saw it up as much as 50, 60 cents today.
But of course, the volatility of the market, that's just the way it is.
It was a change at 0.14%.
General Electric closed out at $21.31.
And of course, folks, I remember when I was talking to somebody who called up about somebody who talked about going into penny stocks a couple of shows ago.
And I literally hung up on this bastard and told him, give me a damn break.
You're not going to sit here and pump into petty stocks.
Then this idiot calls back and says, oh, Ghost, you're selling people pipe dreams.
You're selling people pipe dreams.
I can't believe that.
Nobody's going to be able to buy those blue chip stocks and make any kind of money on them.
Well, lo and behold, I used Coca-Cola.
I wasn't even using Coca-Cola as a legitimate stock pit.
I just used it for the sake of argument for that particular episode.
But if you would have just listened and said, you know what, it sounds good.
I feel like putting some money in Coca-Cola.
It sounds like a for sure bet.
And there's a lot of reasons a for sure bet.
I mean, they're sitting on, what is it, $9 billion in capital, $9 billion in cash reserves.
I mean, you know, it's just, I don't even want to go into the numbers, but anyway, they meet the streets' expectations.
Commodities Surge Amidst Speculation00:15:22
It was volatile all day.
It still closed up on the plus side.
It was up 28 cents at a change of 0.5%, and it closed out at $63.15.
I'm still bullish on the long-term bullish on Coca-Cola.
So all you idiots that were sitting here saying, oh, my God, Coca-Cola is so expensive, I can't do it.
Well, why don't you buy blue chips?
And this is what I've been saying.
Even if you don't know the market, even if you're not somebody who is inclined to make plays to be able to capitalize on 15, 20, 30% moves, even if you're somebody that doesn't understand the market terminology, that doesn't understand what's going on in this financial industry, all you need to do is put so many some-odd dollars each month that you would normally put into the savings account or normally put into some safety deposit box underneath the mattress, whatever,
and put it into some blue chip equities.
I mean, there's some blue chip equities that are still low right now that are still down.
I'm not talking about the ones that hit the 52-week highs.
The ones that hit the 52-week highs, folks, they're pretty much selling off like Caterpillar had been up ever since its earnings was released, and it was a very volatile stock.
I played it for the day after the earnings was released on Caterpillar, and it was hitting over $100.
It's now closed out at $99.79.
Chevrons, who was up when its earnings came out, now down $1.50.
A lot of volatility going on.
American Express, when its earnings came out, it's been on the plus side for the past several days.
It closed out on the negative at minus 16 cents, closing out at $45.72.
Let me tell you, you need to look for these blue chip stocks if you're an investor or a potential investor or somebody that just wants to be able to put something aside that's going to hedge against inflation.
And we're going to talk about inflation later on, folks.
Ben Bernanke was talking in front of Congress about inflation, and I think it's a very serious issue, even though I called this crap on this program ever since I began it.
Inflation's going up the wazoo.
But what I advise people that don't even understand the market or can't really comprehend it, just put so many some-odd dollars away, put it into some blue-chip stock.
It doesn't even have to be Coca-Cola.
It could be Walmart.
It could be like a really high blue chip stock, $200,000 a month.
You do it for five years.
You have about $12,000, $13,000 in stock, and that $13,000 that you invested each month for five years would have actually increased tremendously at a hell of a lot better rate than a bank or any other financial instrument that's out there.
But not to mention that you can utilize these securities as collateral with banks so that you can make your life better, so you can invest in a piece of real estate, so you can invest in a business.
Do you understand?
This is why you get these things.
This is why you acquire equities.
This is why you acquire assets.
That's how you live the American dream, folks.
You're not going to sit here and honestly make yourself believe that, oh, I'm going to do it with all my own cash.
And I'm not going to take any credit out.
And I'm just going to do it.
You're never going to become a millionaire doing it like that.
You're never going to do it.
Anybody who says they did it like that, I would like to investigate their past because the only way that you're going to become a millionaire, the only way that you're going to be balling out here in America is if you take calculated risks and utilize assets as leverage for potential loans to take other risks that will multiply these speculations that you know you can do so well and be able to profit tremendously and pay back the financial obligations.
Thank you.
live large and all that nonsense.
Well, it's not nonsense.
It's actually pretty good.
But 646-652-4869 is the number to call here.
I didn't mean to get on that blue chip tie rate, but I have so many people that email me up saying they're so scared to get in the stock market.
They remember crashes.
They remember this.
They remember that.
You know what?
If you're a long-term investor, if you're somebody that's just working, you know you're going to work for five to ten years anyway.
There's no getting around it.
You don't have the great innovation.
You don't have vision.
You're not a business person.
You're not somebody who can negotiate whatever.
You're just a worker, right?
You're just a worker.
If you know you're going to work for five, ten years, why don't you just put away so many some-odd dollars instead of putting it in the bank and their savings account where inflation is basically going to devalue the dollar.
I mean, it's doing it now.
It's doing it every single day that we continue to have this government spend on a consistent basis.
But in essence, why don't you put it in equities or some other financial instrument that's going to be able to not only hedge against inflation, but also increase in value based on other speculators, based on supply and demand, based on a whole bunch of other factors.
Me, seriously, man.
And, you know, blue chips, you know, there's some blue chips out that I know there's a lot of them that already hit their 52-week highs out here, but there's still some that are not, you know, they're still low, that are still able to, you know, you can bottom feed on.
And I strongly advise people that, you know, aren't great stock pickers, that just, you know, want some security, you know, invest in some blue chips.
You know, and we talked about gold yesterday, too.
Gold is bullish on gold.
I actually wrote an article about that on my blog, folks, if you want to read about it.
Ghostpolitics.blogspot.com is the blog, ghostpolitics.blogspot.com.
I talk about how I'm bullish on gold and for a variety of different factors.
And you can read about it on the blog.
But, you know, as we announced yesterday, we have financial institutions, JPMorgan being one of the most notable ones, actually accepting bullion as collateral for loans.
Yeah, so let's say you've got yourself a whole bunch of family collection of gold, of gold for heaven's sake.
So you have all this stuff.
You can actually take it to this financial institution, J.P. Morgan, and others that are following suit and utilize it for short-term loans so that you can what?
You can flip that loan and go out and make more capital.
I mean, there's capital to be made.
There's a whole bunch of capital to be made, not just on the markets, but just look around you.
Everything is money.
Everything is business.
This is what I keep telling everybody out here that wants to live in some fantasy land and think that this is the 1950s or leave it to Beaver and the family is getting together and all going to gather around and live that American dream.
It doesn't work that way anymore.
Look at these people in America today.
These people want entitlements.
These people want to extend the debt ceiling, not because we're in financial peril, but because they want to keep their damn social security checks coming in, because they want their welfare and their food cards coming in.
You know, this is what it is.
This is why we're in dire straits.
And capitalists right now that are sitting on lots of money and lots of cash, lots of liquid, they better do something with it.
As time goes by, the value of the dollar is going to continue to plummet, folks.
And if you don't believe me, take a look at what Ben Vernanke said in front of Congress.
All right.
Even though we're starting to see somewhat of a rebound out here, I wouldn't call it much of one.
Like I said, I'm not buying the hype here.
I think a lot of these equities are inflated with overspeculation.
I think a lot of these earnings that are coming out in fiscal year 2010, fourth quarter are based upon cutting of corporate fat and basically streamlining certain systems and cutting to the point where you can't cut anymore and then anticipating fiscal year, fourth quarter, 2010 earnings, because you know it's by the holiday season.
This is why you're seeing a tremendous onslaught of earnings on the plus side.
But if you look at all the other economic indicators, all right, you know, if you look at all the economic indicators, unemployment up the ass, all right?
You know, job opportunities at a very, very low point.
Real estate market, their gums are still bleeding.
I mean, I read today that 27% of homeowners are in foreclosure, for Christ's sake.
They're not going to be able to pay for their homes, man.
And this is today's market, not 2008.
This is right now.
You take a look at government spending.
You take a look at the Federal Reserve's monetary policy, which I am not particularly a fan of.
I don't particularly believe that we need to continue To have $600 billion pumped back into the economy to somehow stimulate this crap.
I don't agree with Ben Bernanke when he says that inflation is not going to be a problem.
I don't believe this crap.
So this is why I'm telling everybody who's listening and that's a true capitalist out there and that doesn't want to be left out in the cold, that doesn't want to be like these assholes out here when they start cutting, when the government has to start cutting because of all the financial obligations.
I don't want you to be one of these assholes out here in the breadlines, you know, begging for a loaf.
All right.
I don't want you to be that way.
If you're listening to me, I don't want you to be that way at all.
Let me take a sip of this Mac Allen here.
Macallan on ice.
Oh, yeah.
Anyway, I didn't mean to get all huffy and puffy there, but inevitably, people need to start realizing that this isn't some joke.
I know that people are living in la-la land right now because equities markets are doing good.
Commodities are going up the ass.
But, you know, there's a lot of downside to capitalizing off of these increases.
It's inflation.
It's inflation.
And, of course, folks, I still think commodities are undervalued.
I've been saying that for two years.
I've been saying that two years ago, I said that commodities were undervalued by 75%.
They've increased thus far, a lot of which have increased to all-time highs.
I still think they're undervalued.
And if you take a look at the commodities markets and take a look at all the increases and all the commodities are on the plus side, you'd understand that Ghost is the prognosticator of freaking gosh darn prognosticators.
I mean, you know, everything is up except for crude oil.
And I don't know what people are smoking when it comes to crude.
I guess people think that, hey, the Egyptian crisis is over.
The Suez Canal is going to be okay.
You know, who cares about pirates jeopardizing oil transports from the Middle East to the United States?
You know, who cares about this crap?
Who cares about demand?
And, you know, who cares?
I don't know what they're thinking about the crude oil.
But, you know, this is that helter-skelter, that helter-skelter market that we're in.
But every other freaking commodity, I mean, good God, look at heating oil futures.
You know, they're up 3.82 points, up a little less than 1.5%.
Natural gas, of course, is up because of all the news that we've discovered that the United States is now the Saudi Arabia of natural gas.
So that's great.
Gasoline futures, of course, they're up, which makes no sense, right?
Gasoline futures are up a little less than 1.5%, and yet crude is down 0.14%.
I mean, it doesn't make any kind of sense whatsoever.
I'll tell you, these idiots that are trading on the street really need to get their act together and need to get some fundamentals back in their asses.
But as for everything else, everything else is up.
Canola up 5.10 points.
Coca futures, they've been rising ever since the sell-offs a couple of days ago.
They've been rising.
Coca Future right now at up $23, up $23.
Coffee was down for the past couple of days.
It went up, I believe, yesterday, a couple of cents.
Now it's up $6.
Jeez Christ, everybody's starting to get in on that coffee.
Everybody's going into their damn Starbucks.
And of course, as we reported in the description, corn is at an all-time freaking high.
I mean, we haven't seen highs like this since 2008, and it doesn't look like it's going to stop.
And why is it going to stop, folks?
Because of our stupid, ridiculous, pathetic government.
Anytime you have government intertwining with private enterprise, you're going to screw things up.
And this corn and wheat rising of prices is a perfect example of that.
Now, let me explain why corn is so high.
First of all, there's demand.
Emerging markets, everybody likes corn, and we produce the best corn in America.
As a matter of fact, the New World introduced corn to old Europe back when the explorers founded this part of the globe, if you will.
But corn at this point in time is being in demand because not only do people want to eat it, but now you had this government initiative that happened, what was it, 10 years ago into corn ethanol.
Corn ethanol as an alternative fuel source for gasoline or any other fuel.
And this government-induced initiative spawned all this ridiculous investment.
And we know now that corn ethanol isn't any cleaner than gasoline.
I mean, even though we know that corn ethanol is a complete bust, we've got these damn financial obligations that our government has dedicated to this ridiculous, pathetic corn ethanol freak show.
And because of this and because of emerging markets, because of demand, because of atmospheric disturbances that we're having throughout the United States and the international community, unprecedented winters that are damaging a lot of crops, this is increasing the price of commodities.
And let's not forget also the decreasing of the American dollar.
Anytime you see a decrease in the value of the American dollar, you're going to see it increasing commodities.
It's the way there is to it.
You take a look at all those factors.
This is why you have corn right now up just today, just today alone, it was up $24.25, a change of over 3.5%.
Dollar Decline Fuels Commodity Spikes00:15:23
You know what I'm saying?
I mean, we haven't seen these highs, like I said, since 2008.
Cotton.
Cotton, let me tell you something.
Let me tell you another story about cotton.
I've been talking about cotton for the past week.
If you've been listening to the Ghostman, you've been making some serious money in the commodities markets.
I've been saying that these atmospheric disturbances that are hitting the United States was going to directly affect crops and directly affect those commodities that are produced in these regions.
Cotton has been one of them.
Cotton right now is so high.
It is at pre-Civil War rates, pre-Civil War levels.
I mean, today alone, it went up $5.29.
You know, it went up at a rate of 3% just today alone.
I'm still thinking that it's going to go up.
Wheat, of course, we haven't seen wheat prices like this before, and it's really disturbing everyone that's in the food market right now.
So the McDonald's and all these people that are producing good earnings as food manufacturers.
I see somebody in the chat room talking about Chipotle and other food services and fast food, others in the industry there that are making serious capital, serious cake.
But I guarantee you, that cake is going to be jeopardized with these commodities prices, specifically wheat.
I mean, wheat is up $16 today.
It's been up for the past, at least every day this week.
I mean, if I'm not mistaken, it was even up into last week.
I mean, so, you know, it's some serious problems that could jeopardize people's pocketbooks when it comes to actually going out and getting some damn bread, getting some food.
You know, and that's in America.
I mean, the global community, they've already seen it.
I mean, why do you think they're rioting in Egypt, for Christ's sake?
They're rioting in Egypt because, oh, I'm not getting enough food.
I have to go out and work a few jobs.
I mean, you know, they're feeling the pinch, you know?
They're feeling the pinch, for Christ's sake.
I mean, you know, food prices on a global scale have increased 25%, and they're still increasing.
Just look at the commodities markets, for heaven's sake.
Sugar up 34 cents, excuse me, at a change of 1.9%.
You know, soybean futures are up $16.75.
You know, lumber futures are up $7.30.
Old futures are up $5 today.
Soybean futures are up $2.90.
The only commodity on the negative side on this particular agricultural end was wool.
And we all know that wool was, I mean, it took like two, you know, two or three days of huge spikes upward.
And anybody would have known the sell-off was going to happen on this.
It closed out minus $31 today.
So if you happen to hop on that wool bandwagon today, you may have not have cashed in fairly well.
Anyway, copper, we were expecting sell-offs on copper, folks, when it hit the all-time high yesterday.
Copper sold off.
It was a change of $4.50 downward on the negative.
Gold, believe it or not, was fluctuating all day today.
I mean, you could probably have day traded gold, to be honest with you.
I mean, you know, gold at the beginning of the morning, when I woke up this morning at about 5 a.m., I saw gold up about $25.
All right?
Or not $25, I think about $21, something of that nature.
Then, you know, as the morning went on, it went down and down and down, then it went into the negative.
Then it went right back into the positive.
Then it was unchanged.
So, I mean, you can tell there was a lot of moving and shaking when it comes to gold, but it ended up only closing in the negative of down 10 cents, even though it was up 16 in change yesterday.
And silver, only down 6 cents.
I'm still bullish on both of those precious metals, specifically gold.
And I have said that, you know, read the blog, ghostpolitics.blogspot.com, and I give all the factors why I'm bullish for gold.
Not because it's going to be the alternative if there's an economic collapse, but because there's some definitely potential gains to be made, and there's hedges against inflation that's obviously here.
It's obviously here.
Okay, and anybody who doesn't agree with me, you're an absolute jerk nut.
Seriously, you don't know your ass from your elbow if you don't believe that, you know, that the inflation is here.
Seriously.
Anyway, I want to give some, you know, some reading on some ETFs here, just in case anybody is into those.
Everything was down in the utilities on the ETFs except for iShares, SP Global Fund.
Everything was down in the telecommunications except for telecom holders fund.
They went up about 9 cents.
Everything was down in technology in the ETFs.
Real estate is taking a rebound because there's speculation that this is the bottom for real estate, that it can't get any more worse than this.
But I don't know.
I mean, I'm kind of apprehensive.
I mean, we're seeing mortgage rates going up.
They went up to 5% this week.
They're back up.
So I don't know.
I'm not buying the real estate hype.
I know that, you know, Texas real estate, where I'm out here in Texas, I mean, it's going up the wazoo.
But in other markets, I just don't feel it's working.
I don't think it's happening.
Everything in materials was down in the ETFs.
Industrials, all down.
Everything was down.
It was just a sell-off market today.
Healthcare down, even though we had all those mergers yesterday that pushed the healthcare into the plus side.
Financial services in the ETFs, all down except for PowerShares Financial Fund, which was up only a penny today.
Energy, everything was down in energy except for the U.S. Natural Gas Fund, ETF, which was up three cents today.
Everything in consumer staples, oh, excuse me, we had some pretty good gains in this computer staples, with the exception of iShares, S ⁇ P, Consumer Staples Fund, and the PowerShare Food and Beverage Fund.
iShares S ⁇ P closed out down 9%, or 9 cents, excuse me, 9 cents, and PowerShare Food and Beverage went down 3 cents.
And everything in the consumer directory, folks, because people are believing the hype.
People are believing the hype that consumer spending is up.
Everybody's bullish on retail stocks.
I don't know why.
I think it's all fake.
I mean, I don't know if you've been watching the business channels as of late.
You've got all these fund managers actually trying to sell not only me, but actual people that they're giving this advice to.
That people are actually relying on advice.
They're actually trying to tell these people that they're bullish on retail stocks.
How can the hell can you be bullish on retail stocks?
I've said time and time again, just because we're seeing good earnings on some of these retail stocks, it's based on cutting up the fat on corporate books, based that on also the expected retail spike that everybody appreciates during the holiday season.
These are these earnings right now, the holiday season and the chopping up of the companies.
I mean, this is all I mean, I'm not trying to be a hyper sensationalist here, but I believe that these earnings are just over-inflated.
I am not bullish on retail stocks whatsoever.
Hell no.
I mean, the only thing I'm bullish on is Skechers, Skecher Shoes.
And the only reason that I'm bullish on Skecher Shoes is because I believe, according to all economic indicators, at this present time in this quarter, I believe on February 16th, they're going to produce some decent numbers, and it's going to make that stock, which I believe is undervalued at this present time anyway, it's going to make it increase dramatically.
If you look at the trend in that stock for the past couple of years, it's increased at a great rate.
There's great growth there.
I just think that it's just undervalued at this point in time.
So it's just one play I've been thinking about.
And once again, I would only hold on to Skechers for three to six months.
But long term, if anybody wants to go along on anything, I'm going along on GE.
I think GE right now is at its point where it's starting that climb upward.
And I think that things are going to get going to look good for GE.
I also think things are going to look good for Intel, even though the market hasn't been very good for Intel.
I mean, Intel is creating profits.
Not even the damn CEOs and the corporate executives can understand why this stock isn't moving.
I mean, they're on the upside big time.
I'm long on Intel, long on GE.
I mean, this is what I'm talking about.
I mean, that's what I'm talking about.
No BS, you know?
Anyway, I want to hear from you.
646-652-4869 is the number to call here.
I want to take a couple of callers before we move on to something else here.
Area code 308, you there?
My name's Harvey, and I like Pennystock.
You stupid loser.
Anyway, 646-652-4869 is the number to call here.
You know, as we can see, the commodities markets were moved on because of the fact that people were liquidating their positions in the re or excuse me, in the regular equities markets.
So, you know, either way you look at it, you know, it's what I expected.
I still expect a couple of economic contractions.
I also expect some spikes because of earnings.
So, if you're a day trader, I strongly suggest that you should just keep an eye on the waves of volatility.
You know, you know what I'm saying?
I mean, the waves of volatility, for heaven's sake.
Yeah, I know people that are saying, oh, you know, Skechers, I don't know, you know, it closed down on the negative.
Everything closed down on the negative today.
I mean, you take a look at all the analysts.
I mean, take a look at everybody is getting in on this, and they're not BSing.
And in my personal opinion, I'm getting in on it too.
I'm not going to BS about it.
Remember, February 16th is when the earnings come out.
But then again, you know, to each his own.
Anyway, I'm going to move on here.
I'm going to talk a little bit about this municipal bond crisis that we've been talking about.
This municipal bond crisis is kind of a serious story because there's actually a congressional hearing about this particular situation.
Now, if you're not familiar with what I'm talking about, I'm talking about this woman, you know, supposed to be some hot shot analyst on the street out there talking about what's her name?
Meredith Whitney.
Now, Meredith Whitney is somebody who actually called the housing crisis, subprime mortgage crisis.
She called the closing, mass closings of the bank before it actually happened in 2008.
I mean, you know, so she was one of the most notable figures that called the, you know, I wouldn't call it the financial collapse of 2008, but the potential financial collapse of 2008, which caused a whole bunch of banks to close and all this other nonsense.
And she was highly noted for that.
She was known as a prognosticator of prognosticators for that.
So because people listened to her advice and people made money listening to what she said, a lot of people find her credible.
A lot of people find her advice credible and what she says credible.
Well, recently, Meredith Whitney came out publicly and said that municipal bonds, which I've always suggested are not a good deal to begin with, but I understand the tax benefits on or the tax breaks on the interest.
But municipal bonds were all going to go default and that by the end of 2012, that the municipal bonds and cities all over America were going to go default and people were just basically going to lose their money on what they invested in those bonds.
And this caused a tremendous sell-off in municipal bonds.
If you happen to be in that market, you know what I'm talking about.
I am not a bonds trader.
I mean, if I'm going to buy a bond, it's purely for tax purposes and it's not for any other reason other than that, you know, I'm trying to shelter that particular piece of revenue For better days ahead, so to speak.
But as far as I'm concerned, I don't particularly buy bonds, but this is such a serious issue that Congress has brought upon this special investigation or this inquiry rather into what happened or where Meredith Whitney got her information.
Because according to the government's bean counters, that there is no evidence that states that municipal bonds as a whole are going to go default.
There is no evidence that states that cities and municipal bonds were just literally going to lose $200 billion out from underneath them.
There's no evidence to this.
And people are questioning the motives on Meredith Whitney's speculation or overspeculation of the crash of the municipal bond market.
Now, I believe there is a small crash happening in the municipal bond market because, let's be honest, look at the cities.
Look at the states.
They weren't fiscally responsible.
I mean, look at California.
Look at Illinois.
Look at New Jersey.
Look at these states, for heaven's sake.
They're highly in debt.
They don't know how the hell they're going to be able to pay off these financial obligations that were sold off as bond initiatives.
And, you know, what boggles my mind is that the only one that's actually seeing realistic perspective in this particular sector is Meredith, what the hell is her name?
Meredith Whitney.
You know, she's just trying to, you know, caution anybody who's listening to her word or her investors or her advisory group.
Meredith Whitney's Bond Crisis Warning00:15:40
She's only trying to caution the inevitable here.
Now, is it going to happen as fast as Meredith Whitney predicted?
I don't believe so.
But if you look at what's happening in America and you look at the crippling effect of fiscal irresponsibility from governments everywhere, cities and the states, I think that there's a highly probable, not only highly probable, but highly possible scenario that we could see some considerable defaults on cities and not only cities, but states in America.
You know, we've talked about this for a long period of time.
And, you know, when these things go default, I mean, you know, what the hell is going to happen?
I mean, that's pretty bad.
A lot of people are going to lose money.
Nobody's going to trust these bonds anymore.
These cities and states ain't going to be able to raise money.
They ain't going to be able to conduct business.
Although you've got the critics of that particular notion saying that, oh, everything will be okay.
The government has to run.
If they go default, so what?
The government still has to run.
It'll still do itself over.
But don't worry.
Don't worry.
Don't worry.
Well, luckily, I'm not a bonds trader, but right now, Congress is having some sort of a shindig, some sort of an inquiry on why Meredith Whitney and how she got this over speculation of speculating that there were going to be $200 billion in municipal defaults by the end of 2012, which the evidence, according to the bean counters in the government, don't see it.
And there's no evidence towards that.
So Meredith Whitney was called in front of this congressional inquiry today.
Of course, she didn't show up.
I mean, I don't know why Meredith Whitney went out on a limb there.
I wouldn't have said those particular numbers because that's pretty dramatic.
But the reason that it's such an important inquiry is because what she said had such an impact on the municipal bond market, it was a complete sell-off.
And because of this information and the reaction of the sell-off, people that are in the municipal bond markets that are trying to go long term are seeing these dramatic losses go down in their yields because everybody's selling off based upon Meredith Whitney's information.
So there's a lot of pissed off people.
So this is why we have a congressional inquiry.
And I want to hear from you.
What do you think about Meredith Whitney?
Do you think that municipal bonds are at a potential crisis, at a potential crash here?
I definitely think that some municipal and state bonds are at risk of default.
Now, are they at the risk at the rate of what Meredith Whitney prognosticated?
I don't believe so.
Let's go ahead and take some calls.
646-652-4869-213, you're on the air.
Hey, Ghost is Jameson.
Hey, what's going on, man?
Look, I had a question for you.
How much, no pun intended, stock do you take in post-market trading prices?
Say a stock is up 3%, you look at the post-market trading for the past hour, and all of a sudden it's down 15% a share.
Do you take a lot of stock into that, or do you wait to see what happens the next day?
Well, you know, it depends on the news that caused that reaction for the stock to go down.
It's obvious that some kind of news or some type of releasing of some quarterly earnings made that stock drop dramatically.
Now, if you're a long-term investor, if you're somebody who is just going to hold on to the stock no matter what, your long-term five, ten years, I wouldn't worry about it.
But if you're somebody who relies on actual growth of equities on an annual basis so that you can sell off and liquidate them and use the liquidity that you profited from these securities to parlay them into other securities, well, then, yeah, I would be a little concerned.
I mean, especially after-hours trading, because after-hours trading is a good indicator on what exactly is going to happen the next day.
Of course, you can always get out in after-hours trading, but it's up to the investor.
Remember, this is a helper-skelter market here.
I mean, you don't know what the hell the investor is going to do.
Some people could bottom feed on that particular loss and bring the stock back up.
Others could just sell off completely and make it a complete disaster.
It's just it's up to the investors, man.
I mean, that's what makes the stock market such an interesting game.
Because if you want to be the ones who make tremendous profits, tremendous gains, tremendous amounts of loose liquidity based upon day trading or short-term speculations, you got to take some of these risks.
And one of those is holding on to a stock or not holding on to a stock.
Why, are you holding on to something right now that's kind of losing in after hours?
Yeah, absolutely.
It's a telecommunication company.
I won't get into the specifics of it.
It's a low-dollar telecommunication company.
It's only worth about $3.50 a share.
And it's gone down $0.09 since 4 o'clock, but it was even for the day, and it's up over 9% for the week.
It's up over 9% for the week, and how much did it lose in the after hours?
It's lost about 15 cents.
I don't have a calculator in front of me.
It's up about 38 cents for the week, but it's down 15 cents now in post-market trading.
At the beginning of post-market trading, it was up 10%.
So is that people just taking profit, or is that indicator of what's to come?
Well, I would look into the news.
Has any news come out about that, that's making the stock move in such dramatic form?
Like, you know, is a CEO stepping down?
No, the rise in the stock actually has to do they provide the cell phone towers for Verizon.
And, of course, with the new iPhone release coming tomorrow, there's a lot of speculation that Verizon is going to have to add more towers in a certain area.
So, of course, as they're the supplier of the towers, their stock has been going up.
However, the only news that has come out over the past week since they signed that contract with Verizon, which is for four years, is that they have signed another contract with another country.
I think it's God, I can't remember what country it is.
It's an Asian country, and they're going to do their government networking.
So, they've actually had nothing but positive news here in the past two weeks.
Well, you know, I wouldn't be so reactionary if you believe that the stock is viable.
You know, obviously you went in on speculation that, hey, this is obviously going to raise.
They've gotten contracts with Verizon, gotten contracts with certain countries.
Obviously, this is going to raise higher.
I mean, I would just hold on to it.
But, of course, you do your research.
You know, try to look at the factors on why your stock is going down.
You look at the stock market today.
Everything's pretty much down today.
Unless you were pure profit, unless you came out with earnings, unless you were being taken over today, you were pretty much down on the stock market.
And that's just pretty much as a whole.
But I would definitely look into the telecommunications market.
If you look at the sector, at least on the ETFs, which is the, you know, let me bring up those ETFs for a second.
These exchange-traded funds.
And if you look at the technology, or excuse me, the telecommunications sector, it's all down as a whole.
So it's not necessarily your stock.
It could be just the sector in general.
So I would just look at the news, see if any news has come out that, you know, I don't know, the CEO wasn't found with some prostitute or something.
Just anything negative.
And if there's nothing negative that has come out and the earnings look fairly well, well, then I just hold on to it, man, and ride it because that's just the volatility of the market.
I mean, you could be holding on to a stock today at 9.30 in the morning.
You can hold the stock, and literally by noon, it'll be up like 50 cents, and then by 2 o'clock, it'll be down 10 cents.
I mean, this is the kind of volatility.
This is the kind of volatility that we're having in the market.
So I would stay in there, man.
As a short-term investor, would you possibly think about selling it post-market and then rebounding tomorrow at the open of the belt?
Oh, man, I don't know.
That's risking it, man.
You're getting greedy there, but I wouldn't necessarily do that, no.
Because if I'm not mistaken, most post-market trades actually cost more in commission.
So you're probably going to have to pay a higher commission price on top of the fact that you don't know if it is going to go back up tomorrow or you don't know.
I just would just hold on to it.
But if you feel like it's going to go down, just sell it off, go somewhere else, man.
I mean, it's the market.
You can go elsewhere.
No problem.
Anyway, I want to thank you for calling, man.
Good luck with you on that stock.
But telecommunications as a whole was down today.
So I wouldn't read too much into it unless there was some bad news on the wire about that particular stock.
Once again, I want to talk a little bit about this Meredith Whitney and her over speculation that basically caused a sell-off in the municipal bond market.
I mean, we have a congressional inquiry about it, and I I believe that there is going to be a a somewhat a municipal bond crash.
I've been saying that since I began this program when people were asking me about bonds, I was like, I'm not a bond guy.
I don't like bonds.
You know, I'd rather profit.
And even though I may have to pay taxes on profit, I'd rather pay taxes on profit and have a you know, a good fat chunk at the end of my day as opposed to waiting, you know, so many some-odd years for interest to go up on a stupid damn bond security.
I mean, I just don't play that, man.
I'm sorry, man.
I mean, you know, yeah, they're a good tax shelter.
You know, yeah, you know, you can throw it in there and just kind of leave it there.
You know, yeah, they're good to utilize as collateral for potential loans from financial institutions, but I'm just not a bond person.
But even when I was commenting on bonds, I was commenting on the fact that municipal bonds are tanked.
It's junk, in my opinion.
It's absolute junk.
And at the same time, why do I say this?
Well, because a lot of the states, excluding Texas, of course, a lot of these states are just as fiscally irresponsible as the cities.
So if the cities go under, they're going to be dependent on their states to bail them out.
But if these states are just as in the red as the cities, well, then how the hell are they going to get bailed out?
They're not.
There's going to be bankruptcy.
There's going to be defaults.
And who the hell knows what's going to happen?
Obviously, all the people that held bonds in those states and those cities are going to lose their asses.
They're going to lose all their damn cake.
What they thought was a tax shelter is going to end up being a damn trip to the bathhouse with no Vaseline, excuse me.
Anyway, I'm going to drink some more of this McAllen on ice, folks.
And you happen to have a libation.
It's post-market.
Let me tell you, the market was volatile.
There's some losses today.
Have a drink.
Kick back with me.
Pretty good stuff, man.
Pretty good stuff.
Anyway, we got three minutes left in the first hour of the True Capitalist Radio Show.
We went over the day's markets, how it was basically a sell-off.
The only reason the Dow Jones Industrials was up a little over six points today was because that rally came in at the last 30 seconds, the last 45 seconds of the day's trading.
And that's because everybody was, you know, you know how it is.
These investors are like, let me buy, let me buy, let me bottom seed.
Let me get some of that upside and then some of the down zones and some of the large caps.
I mean, give me a break.
Why don't you stay consistent for Christ's sake?
But anyway, everything was pretty much down today.
Even though the Dow was up six points, everything was pretty much down.
The only reason the Dow was up was certain good news on certain blue chips, Coke, Walmart, a couple of other blue chips, GE.
These are the things that were going up.
Of course, all the sell-off in the equities we were talking about parlayed itself into the commodities markets.
And everything in the commodities markets, with the exception of wool and for some reason, crude oil, was pretty much up.
Everything was up.
And I still think commodities are still undervalued on a variety of different factors.
And we talked about them earlier.
And then later on, we talked a little bit about Meredith Whitney situation and the potential bond crisis and this congressional inquiry they're having about Meredith Whitney's over speculation that the bond market, the municipal bond market, was going to crash because municipalities were going to go bankrupt.
And by the end of 2012, municipalities across the United States were going to be down $200 billion.
And of course, Meredith Whitney predicted the collapse of the financial institutions and the banking systems and the closing of all these banks.
So people believe in what she says.
I mean, she's already built her street cred.
And because she made these statements, we had a run on municipal bonds before the crash even happened.
And, of course, the government has something to say about it, wants some answers.
So that's what we were talking about also, a little bit of Meredith Whitney.
But folks, I want to hear from you.
646-652-4869.
We are in the second hour of the True Capitalist Radio Show, folks.
I am your host, the man they call Ghost.
And I want to thank everybody who's tuning in live with me.
If you could please retweet the broadcast and let everybody know, all your friends on all your little social networking sites, that the True Capitalist Radio Show is on and live.
And as a matter of fact, you can actually cut and paste the audio widget and post the player on any one of your little websites, blogs, social networking sites, and simulcast the live broadcast from your website.
That's right.
You can actually cut and paste the audio player that plays yours truly's broadcast, the True Capitalist Radio Show, and you can post it on your webpage and simulcast the live broadcast.
Unfreaking believable.
Anyway, before we move on, folks, I want to let everybody know to please visit our sponsors at blogtalkradio.com/slash ghost or any of the other true conservative websites or web outlets.
Sponsor Spotlight: EFAX Fax Service00:04:30
And we also want to take note of a new sponsor that we've got, EFAX.
EFAX is a new sponsor for the True Capitalist Radio Show.
EFAX, of course, is a fax anywhere company where you can convert your emails into faxes.
And you can fax anywhere, anyplace, anytime, and receive faxes via email, anyplace, anytime.
It's a great service.
I strongly advise everybody that's considering going green and losing the paper expense at their fax machine and the ink expense and all this other nonsense to give EFAX a call right now, 877-851-2214.
All right?
That's EFAX.
Fax Anywhere.
Convert email attachments to faxes, faxes to email attachments.
It's a great service.
They're a new sponsor for the True Capitalist Radio Show.
Give them a call right now.
We're about to go to break.
We're about to go to break.
So go ahead and take your pad and paper on there.
877-851-2214 is the number to call to go and check out what EFAX has to offer.
And we want to thank them for sponsoring the True Capitalist Radio Show.
Want to thank them and everybody else who's sponsoring.
So if you see any products or services that are advertised via the content of the True Capitalist Radio Show, why don't you go take a look at it and consider buying it, man?
You'll be helping us out.
And we'll be continuously broadcasting these broadcasts for free and actually having the archives there for free for everybody.
So please do all that and check that out.
So one more time, EFAX, folks.
EFAX, don't waste any more paper.
Convert emails to faxes, faxes to emails.
Give them a call right now, 877-851-2214.
They give you a 30-day free trial on their services, man.
I'm using them now.
Believe it or not, there's some really kick-ass services there.
Anyway, folks, what I want to do right now is take a little bit.
Oh, I should sing a little jingle.
I think people were in the chat room were saying I should sing a little jingle and maybe they'll call.
Here, let me sing a little jingle, okay?
E Facts, EFACs anywhere.
EFACs in your pajamas, E-Facts in your underwear.
Oh, yeah, baby, my kids.
Give me a call at 877-851-2214, baby.
Anyway, E-Facts Anywhere, man.
This is a new sponsor.
I don't know if they appreciate what I just did there, but give them a call, man.
Seriously.
Email attachments as faxes, faxes as email attachments.
Fax anywhere, anyplace, anytime.
877-851-2241.
Now, what I'm going to do here, all right, what I'm going to do here is take a break.
Now, I've been commemorating Black History Month every day in the month of February.
And I've been commemorating Black History Month by playing a black artist so that we can commemorate this month and commemorate black contribution to American society.
Yesterday, I played a little bit of Prince, Purple Rain, because I've taken a lot of heat from people in the email saying that all I'm doing is playing a bunch of gangster rap, ghetto, gangster, whatever.
Anyway, they're calling me a racist, whatever.
So I played a little Prince yesterday, and I get an email saying, man, Prince ain't black, baby.
How in the hell are you going to play Prince, baby?
The Prince ain't black, man.
What the hell you doing playing that Prince crap, man?
So, of course, you know, I'm damned if I do.
I'm damned if I don't.
So, what I'm going to do here is play a little song that I like.
You know, I like this song.
It's from the 70s.
It's by a brother from the 70s that actually got killed in the hood.
This is a guy who was, you know, doing the gangster thing before gangster thing was even cool, man.
You know what I'm talking about?
I'm talking about William Devon, baby.
Prince Controversy and Racial Backlash00:03:20
William Devon, baby.
And you know what song I'm talking about, right?
Huh?
Diamond in the back, sunroot tie, figure in the sting with a baby.
That's what I'm talking about, baby.
So to commemorate Black History Month and to get everybody who's calling me a racist off my damn ass crack, I'm going to play a little bit of William Devon.
Be thankful for what you got, baby.
Can we go ahead and put that on, please, engineer?
Go ahead.
Oh, yeah.
You're going to have to turn this up, baby.
And if you happen to have some girl next to you, you know, you need to get her to the side of you like this.
You need to pull her chair next to yours.
You need to put your arm around her and say, yeah.
You know, here, let's get Tyrone, man.
Tell him what to say, Tyrone.
Yeah, baby.
You tell the baby I got you, baby.
Come over here.
Though you may not try.
I got you, baby.
You know I love you, baby.
Yeah.
This is William Devon.
You may not have a car at all.
But remember, Brother Pencil, you can feel fading tall.
Just be thankful for what you got.
Though you may not drive a great big candle, diamond in the back, sunny top, digging the thing with a gangster lane.
Thanks for whiteball.
TDA and sellers in the back.
You may not have a car at all.
But remember, Brother Pincluto, you can feel fading tall.
Just be thankful for what you've got.
Dominic, Dominic, Dominic, Dominic.
You're listening to Ghost.
Egyptian Unrest and Military Coups00:15:38
True Capitalist Radio.
What the hell happen there, man?
Anyway, I mean, everybody was chilling.
You know, I'm sure everybody was, you know, getting an Opus Ex cigar, you know, puffing on it, listening to, you know, William Devon, and all of a sudden they get cut off over here.
You know?
I don't know what the hell is going on with that.
I mean, I don't know if it's a bad, you know, MP3 or if it's, you know, some haters on the sensor end.
I don't know.
I don't care.
But anyway, folks, I'm back, folks.
I went to go get a drink really fast.
Luckily, you know, I was done pouring the sauce here.
Some Mac Allen Scotch single malt.
You gotta love it.
I'll tell you, you know what I like about Mac Allen the most?
Obviously, the scotch, the way it tastes, but I also like the thick-ass bottle.
If you ever drink Mac Allen, it's got a thick ass bottle.
I mean, you can literally throw it on a concrete floor and it probably won't break.
You know?
Thick-ass bottle.
I know, I know, crank it up again.
I know.
Diamond in the back, sunroof top, digging the scene with a gangsta lean.
Ooh, I understand it's great, man, but I don't know what the hell happened to the MP3 here.
So I'm sorry.
I'm sorry.
Anyway, folks, I want to hear from you.
646-652-4869.
We're 10 minutes into the second hour of the True Capitalist Radio Show.
I want to talk a little bit about this Egyptian situation that we're seeing in the Middle East.
Not just the Egyptian situation, but all of the Middle East.
All of the Middle East is having a a big time problem for some reason or another.
You know, you got a lot of Allah Akbar Islamic fundamentalists that are rabble rousing out here in the Middle East when, you know, to be completely honest with you, you know, I don't know exactly what they want.
They've got an Islamic state in Iran.
Just because Iran isn't ran like the Islamic State that they interpreted, why don't they go over and take over Iran?
You know, what's really sad about this, folks, is the prelude to all this that we're witnessing in the Middle East is the administration's laxadazical approach to the Iranian situation.
And if you check back in the archives of this broadcast at blogtalkradio.com slash ghost, and you check back during the time of about December two thousand nine and look into those archives, December two thousand nine, January twenty ten, I was highly advocating that we should somehow help in a clandestine fashion the resistance that was uprising in Iran at the time.
I mean, Iran was about to fall.
All right?
I mean, you know, it's a complete contradiction.
The Ayatollahs are hypocritical.
The government is a farce.
And the people were actually uprising.
And they were uprising for a considerable amount of time.
The only problem is, is that they started shooting these people like a bunch of dogs in the street.
And they started taking anybody who was considered a part of the resistance and executing their families.
And doing some really barbaric, torturous type nonsense.
And what did the United States do?
We did nothing.
You know?
We did nothing.
And I was screaming at the time.
As a matter of fact, you could probably YouTube some clips of yours truly and probably find some clips yelling of me yelling about going and helping Iran in a clandestine fashion.
I was actually corresponding, man.
I was corresponding with the resistance in Iran at the time.
And unfortunately, our correspondence was broke.
I don't know what happened to them.
I just hope that they didn't get in trouble corresponding with me and having them discuss certain aspects with me.
But anyway, getting back to the point of the Middle East, I think that the lackadaisical approach of not even acknowledging the resistance in Iran and helping it in some sort of clandestine fashion is the prelude of what is happening here in the Middle East.
Now, this is why I'm saying, who's causing all this ruckus?
Who's causing all this rusty?
We keep hearing the Muslim Brotherhood, the Muslim Brotherhood.
Who the hell is the Muslim Brother?
Who the hell are these people?
Well, I'll tell you, these are individuals that are funded by somebody.
You know, they're made credible through the funding of some fashion.
Well, none other than Iran.
Iran is the one infuriating the whole region out here with these disgusting upheavals.
Remember, the Muslim Brotherhood in Egypt isn't even 10% of the damn population, and yet they were able to rabble-rouse this whole damn country with the help of that asshole from Google, whatever the hell his name was.
We talked about him yesterday.
Some idiot from Google and the Muslim Brotherhood actually were had enough clout out here and it rabble-roused enough people to basically stir up this Egyptian situation.
And I think it's a disgrace, man.
I think it's a disgrace that we're sitting here and just watching the Middle East unravel itself.
And of course the investors, you know, they're just kind of tickling their ass cracks, not really, you know, jumping on the potential upside of the crude oil factor that's going to happen.
I know that people are saying, oh, it's not going to happen.
We've got plenty of oil.
OPEC's going to raise production.
Well, did you just hear today?
We had s some kind of Yemenese or Somalian pirates take aboard some sort of 600 gallon ton cargo ship, 600 ton cargo ship of oil.
It was taken over by a bunch of damn pirates and they have control of it now.
They have control of it now.
And this happened, what was it, late last night, I think yesterday sometime.
They took control of this damn huge tanker that came in from the Middle East.
And where was it destined for?
The United States.
You don't think that there's plenty more where that came from, considering that this region is in upheaval and people are hungry.
I mean, look at what these idiots did in Egypt.
I'm sorry, okay?
If you think I'm bad or politically incorrect because I'm calling these people in Egypt a bunch of idiots, well, tough titty.
All right, tough titty.
I think it's ridiculous what these people are doing.
It's one thing to throw a military coup or go in and take over the government infrastructure or something of that nature.
It's something completely different to act like a bunch of barbaric, imbecilic, looting ass clowns that are doing nothing but starting bonfires and breaking businesses and destroying natural resources, destroying goods.
It's a disgrace, man.
It's a disgrace.
And yet, I don't get it.
I don't get it.
Why are we embracing a lot of these characters that are supposed to be picture images of freedom fighters for the people in Egypt?
I don't get it.
Like this asshole, what the hell is a stupid name?
I don't even know his stupid name.
You know what I'm talking about.
That Google executive that was taken into custody by the Egyptian officials because this was the asshole that rabble-roused via the internet all this ridiculous upheaval in Egypt.
This was the jerk.
I couldn't even pronounce his name yesterday.
Just look up Google Executive Egypt and you'll know who I'm talking about.
I mean, it's a disgrace, man.
And what we're supposed to be like, oh, look at that.
It's such a great thing.
Democracy.
These idiots can't get democracy.
If they thought that they could get democracy, we would have seen a transition a lot easier than this, other than just, you know, a bunch of idiots kind of just throwing crap around, muscle around journalists, popping each other off in the street, throwing Molotov cocktails, breaking businesses.
They've thrown themselves back 20 years.
It makes no sense, man.
And, you know, these morons in Egypt, and I'm sorry, I know people are thinking that maybe I'm a little politically incorrect about this, but I'm sorry.
These idiots in Egypt threw themselves, they're throwing themselves that 20 years, 20, 25 years in emerging market productivity.
Not to mention that they're in the middle of a freaking desert.
They're in the middle of a freaking desert.
All right?
And how are they able to get any kind of economy going on?
How are they able to achieve any kind of economic productivity?
Well, tourism.
All right?
Tourism, ass clowns.
And because, all right?
And because we have this ridiculous upheaval.
This ridiculous upheaval happening here in Egypt.
The people are starving in the streets, huh?
Yeah.
Yeah, that sucks, man.
Not only are they living insecure and not knowing whether or not they're going to get looted by some, you know, imbecilic, looting-ass, criminalistic bastard that's, you know, riding around town in a motorcycle and a machete, but no, no.
They also have to worry about, you know, how the hell they're going to feed themselves because, you know, the stores aren't open, folks, you know.
I mean, there's looting out there in the streets.
I mean, there's no stores open.
And even if there was stores open and you were walking down the street with your goods, you goddamn well better know you're going to get looted.
I mean, it's chaos, man.
It doesn't make any sense.
So Google should bear responsibility for what the hell has happened out there in Egypt.
And that's why I brought it up yesterday, and I'm going to bring it up here again today.
Google, if you're listening, you should be ashamed of yourself.
You should be ashamed of yourself for basically agitating this situation in Egypt.
And I'm not a Mubarak fan.
I'm not somebody who thinks that Mubarak was some sort of great leader, okay?
But I am one for civility.
I'm one for social order.
I don't believe in going into chaos and destroying everything society's built because we're pissed, because we have to work a little harder than others in the international community.
I think it's immature, stupid, barbaric, and primitive.
And yet they're trying to say that these people that are uprising are middle-class, educated young people.
You know?
I think it's a disgrace.
It's disgusting and it's despicable.
You know, this Egyptian thing has gone on far enough.
And if there's anybody out there in Egypt, you should be ashamed of yourself.
You know, you should, I mean, I don't even know what to tell you, man, because you can't talk sense to these idiots out there.
They're all in the street punching each other in the head, you know, throwing Molokoff cocktails and taking pop shots at each other in the street.
They don't even have a clear vision on what the hell they want.
All they say is, I don't want democracy.
I thought I wanted.
I want the democracy.
Shut your mouth.
You don't know what you want.
Give me a break.
646-652-4869-504, you're on the air.
My name's Harvey, and I like opposition and revolts.
Yay!
You stupid idiot.
Give me a break.
You better be impressing some piece of poontang with these prank calls there, tardy boy.
All right?
I mean, seriously, you're a complete imbecilic jerk nut loser if you're sitting on your ass and the only thing that you can come up with as a prank call is acting like Corky from Life Goes On.
I mean, you know, you better be impressing some fine piece of tail that's sitting right next to you for you to sit here and act like a jackass.
You know, and not to mention Egypt.
You know, I think that that same thing could happen here in America, too.
And I don't want it to happen in America, folks, but look at why these people are bitching in Egypt.
You know?
You know, these people are bitching because they've got to work.
I mean, have you heard them being interviewed?
I have to work a few jobs and I have to work and I got to go out.
Well, talk kitty.
Everybody's got to work.
Jesus Christ, I'm sick and tired of these assholes complaining about working, man.
Good God, my old man worked his ass off 10 hours a day in hard labor.
You know, he died, you know, miserable and broken.
But you know what?
He raised a family with some goddamn ethics and some goddamn backbone, and it's not going to piss and moan because, oh, it's not going my way, so I'm going to go out and I'm going to cause anarchy and I'm going to cause disorder.
Stupid Egyptians.
Give me a break.
You're starving yourselves.
And you know what?
This is exactly what they want.
This is exactly what these idiots that are a minority in the country of Egypt want.
They want people to starve themselves to death so they can blame everybody else.
They can blame Mubarak.
They can blame the West.
They can blame these people.
Blame that people.
That's just how they do it, man.
Good God, man.
It just makes me sick.
Jeez Christ.
I want to hear from you, folks.
If you're listening in and you disagree with me, if you think I'm off my rocker, if you think that I'm just talking out of my dairy ear about Egypt, I want to hear from you.
If you think that this is some kind of freedom-fighting cause, I want to hear from you.
All right?
Don't sit there and flap your fat Dorito-stained fingers on the keyboard talking malarkey about me.
Why don't you get on the horn and give me a call right now at 646-652-4869 if you disagree, if you think that Egypt is some kind of a damn exercise in liberty of some sort?
All right?
Because I don't think so.
I think it's an exercise of chaos and disorder and ignorance and immaturity and stupidity and barbarianism.
I mean, good God.
And it's unnecessary.
That's what I'm saying.
It's just so completely unnecessary.
You know, why do you think that the military was just hanging out?
Do you remember when these riots were happening?
And I mean, they're happening again right now.
Ever since they released this Google asshole, you know, this Google executive jerk ass that, you know, in my personal opinion, you know, this is an idiot that should be tried for rabble-rousing these idiots.
Why the Egyptian government, you know, let this idiot go, I have no idea.
But they're rabble-rousing again.
It makes me sick, man.
Good God.
Retail Sector Spending Concerns00:04:27
Here, we got some callers here.
727, you're on the air.
Egypt is a beautiful country.
My name's Hardy.
Hey, look, do you have some poontangle guy?
I hear a TV in the back.
Are you sitting there watching TV and on the internet?
I want to edible planet.
You stupid idiot.
Why don't you pick a medium, you fat ass?
He says another thing.
You know, us American people, you know, we're on the borderline of what's going on here in Egypt.
Luckily, our government system, our security system is, you know, kind of cracking down, unfortunately, at the risk of our liberties.
But they're cracking down and making sure that they got these imbeciles and these nutcases under surveillance so that just in case these imbeciles decide that, oh, look at me, I'm going to go out and I'm going to shoot 80 people because, oh, I'm polling America.
Oh, man.
I'm going to go out and throw my plane in the IRS building because, oh, I can't have my private plane anymore.
Disgusting, man.
Disgusting disgrace.
Why do you think after two years, once the damn Bush tax cuts reset, and once this government has to seriously do some cutting, I know that these assholes in Congress right now, these Republicans, are saying that we're not going to raise a debt sailing until we see some true cutting in the budget.
Yeah, right.
You're not going to cut nothing.
The cuts that they're going to make are going to be purely cosmetic.
All right.
And there's still going to be spending, and the devaluing of the American dollar is going to continue to happen.
And this is why us capitalists need to realize that we have to put our money elsewhere.
We have to obtain assets.
We have to hedge against these inflations.
And even Ben Bernanke said that he's not worried about inflation.
He says he's not worried about inflation so much.
He's just about to add $600 billion in more money into the circulation of our currency.
Yeah, that's what he said today.
You know, whatever.
I'm not worried about unemployment.
I'm not worried about high food prices.
Not worried about this.
Not worried about that.
You know what I'm going to do?
I'm going to throw $600 million out there into the economy for stimulus.
Jesus Christ, the earth.
I'm not drinking enough, obviously.
Jeez, man.
I'm sorry, man.
I'm sorry.
I know that everybody in the markets thinks that this is a great day.
It's not, you moron.
Just because there's corporate earnings in the markets doesn't mean jack.
Those corporate earnings, I hate to keep beating a dead horse, but I'm going to have to beat it again.
These corporate earnings are based on cuts that these corporations did, layoffs, renegotiation of pensions and streamlining of certain systems within their corporation, all this nonsense.
All right?
And secondly, the productivity that they have with their employees that are currently employed right now is obviously doubled or tripled because the employees that are working right now are appreciative that they still have a freaking job.
So, of course, productivity is going to be up.
They cut the fat out of their corporations.
So, obviously, they're not going to have as much outgoing expenses any longer.
They anticipated the holiday season and the upsurge that was going to bring.
So, these are the earnings that are fueling this market rally.
You know, we've had eight straight days of gains in the Dow Jones Industrials.
This is what's fueling it.
It's a farce.
It's a lie.
Every investor out there needs to realize that these gains, if you're getting in on some of these stocks at 52-week highs, you're making a big mistake.
I'd be very apprehensive.
The only thing I would look for is bottom feeding, bottom-feeding right now, because things that are down right now are going to be up when all these damn things that are up now are going to be down.
Revolutions vs. Economic Progress00:04:23
And why do I say that?
Well, because people are putting too much hype into the retail sector, man.
And you need to have people spending money to have a good retail sector.
And have you looked at unemployment lately?
You know, up 10%.
Have you looked at the job opportunities in America?
Nothing, close to nothing.
I mean, have you looked at the median income?
Have you looked at inflation?
Have you looked at every single factor that's out here?
Do you think that retail is going to continue to flourish into the second, third quarters?
Absolutely not.
This is over-speculation, folks.
And this is why I'm saying, even though the commodities are up now, with the exception of a few commodities that are really ridiculous at this point in time, but I would still eyeball commodities, even at these prices, I still think they're 60, 50% undervalued.
And I'm not alive.
This is not just based on my speculation because, oh, I think commodities are a good investment.
The environment, these Arctic disturbances that are destroying crops, demand in emerging markets.
Currencies being devalued.
I mean, I can go on and on.
God damn it, it could be right.
Anyway, 646-652-4869-650.
There?
Yeah, Debbie Daly's a f ⁇ ing.
You stupid idiot.
Shut up.
All right.
Shut your mouth.
You know, I mean, why don't you call back with some other kind of voice or something?
I mean, you get no low saying, meeh.
Give me a freaking break.
Anyway, folks, I want to hear from you.
646-652-4869.
Is there anybody besides this imbecile who obviously doesn't have any kind of girlfriend or any kind of significant other that can occupy his time?
So he's calling up, whacking his little pink Willie Pecker shaft while acting like some retard over the damn internet and over the damn telephone.
Is there anybody out there that, I mean, I see a lot of people in the chat room.
I mean, hook me up with a call.
646-652-4869.
Anyway, I didn't mean to get on that diatribe about corporate earnings and the devaluing of the American dollar.
We've already gotten into all that.
What I really am upset about is this Egyptian Middle Eastern situation.
And I think that we need to start talking about this a little more because this could affect emerging markets that investors are invested in.
I mean, folks, if you listen back in the archives in early episodes of the True Capitalist Radio show, we actually had individuals who are and were personally invested in Egypt at the time that Egypt was out there being rioted and up in flames.
As a matter of fact, the person that called in said that he saw his store, which was a health food store, which to each his own, his health food store was up in flames, for heaven's sake.
And why is this?
Because like I said, I think that Google has to bear some responsibility here by having this damn executive, whatever you want to call this schmuck, going out here and rabble-rousing the Egyptian people into doing such a hysterical action, which is not only jeopardizing the integrity of the markets in Egypt,
but it's also starving the people because there's no goddamn tourism.
You know, there's no tourism.
I mean, don't you understand that?
And you see, these damn groups are going to utilize that to their advantage.
They're going to say, oh, the reason you're not eating is because of the wet.
It's because of the great Satan.
Yeah, that's the reason why you're not eating.
Even though they're the ones.
They are the ones that are causing this nonsense.
And I think it's disgusting.
And anybody who's rioting out there in Egypt, you're a piece of crap.
You're a piece of crap.
All right?
You're a piece of garbage.
Anybody who's out there rioting, looting, causing disorder in Egypt, you're a piece of garbage, literally.
Foreign Investment in Communist Nations00:10:21
And you're lucky that the government doesn't come in like they did in Iran and start mowing you idiots down because you're causing no type of progress whatsoever.
You see, usually when revolutions happen, they happen for the sake of getting progress.
Progress.
I mean, why don't you look back in revolutionary history and read about, with the exception of the communist revolutions, I mean, the communist revolutions were ridiculous.
But every other revolutions wanted progress.
Okay?
And I just got a PM or a private message.
Yeah, the communist revolution's bad.
Well, I hate to go into this, but let's go into it so that people understand why communism is such a pathetic waste of social order.
It's a pathetic political ideology.
Anyway, let's talk a little bit about Russia.
Okay?
In Russia, when the Tsars allowed foreign investment to come into Russia to try to modernize Russia at the time, because let's be honest, when they went into World War I, they were completely outgunned and outmanned.
While everybody in World War I was wearing gas masks and throwing mustard gas and machine guns and tanks and artillery, you had the Tsar throwing in his cavalry, believe it or not, with damn horseback soldiers going into World War I against tanks.
It was ridiculous.
He knew he made a bad mistake.
So what did he do?
He allowed foreign investment to help make his country more modern, to bring in economic growth into his country.
So that's exactly what happened.
Tsar Nicholas allowed foreign investment to come in.
They built the infrastructure for Russia.
They built the railroads, the private investors.
They built the factories so that they could start manufacturing in assembly line fashion.
I mean, as a matter of fact, if you look at Tsar Nicholas's last remaining years in power, they were on the verge to productivity.
They were on the verge to productivity.
But you know what happened?
Let me tell you what happened.
Once the peasants, the children of the peasants moved out from the pieces of land that they plowed to maintain their sustenance and moved into the cities for work, they started working in these factories that were assembly lines.
Assembly line has always been a big deal.
It's still a big deal.
Textiles, certain industrial factories, that sort of thing.
So anyway, these people started working and working in these factories, and believe it or not, they started making Moscow and other cities that had plants and other forms of business investment.
They actually made these areas kind of a pseudo-cosmopolitan area.
And as people were working and getting off work and kind of commiserating with each other in the streets, they started saying, oh, comrade, I don't like working.
I don't like working the assembly line job.
It's not fed.
I got to work a semi-line job.
Yeah, they started bitching and moaning that they were working too much and too hard and it's not fair and I'm not getting enough and this is not right and foreign investors are making money off my sweat and they had all this disgusting, despicable thing, even though the foreign investors that went into Russia to rebuild, built the railroads, they built the manufacturing systems, they mined all the natural resources.
They did everything, every single thing to make Russia the people, what did they do?
They pissed and moaned.
They pissed and moaned and who did they blame?
They blamed the Tsar.
And as a result, you had the revolution that took out a pretty long-reigning monarch in the Tsar dynasty.
They literally took them out.
And at the time of the transition from the Tsar dynasty to whatever in the hell was going to be a transition, they were going to try a democratic government.
The Bolshevik revolution came in, which was a very small minority at the time, came in, cleaned house, convinced the people that, oh, how dare the foreign investors come in?
How dare they take control of our factories?
How dare they go out and build and take over our our railroads?
How dare they do this?
We should do it for the people.
The people is what we should do it for.
We should do it for the people.
And he convinced all these idiot Russian assholes to literally worship this secular atheist perspective of communism.
And henceforth, that's why you have communism in Russia.
Because we as investors, as capitalists, built the freaking infrastructure out there at the turn of the twentieth century for these morons.
And then these collectivists, they want to come in, they want to take control of all the infrastructure that we built, that us capitalists built, and they want to take it over and they want to claim that, oh, look at us, the Russians, we were able to collectivize and still be modern.
You were able to be modern because we built your infrastructure, you piece of Russian vodka drinking cockeyed crap.
And the same thing goes for China.
The same exact story happened in China.
Same thing happened in China, man.
Chiang Kai-shek, when he finally was able to take control of the country after years of just imperialistic rule, Chiang Kai-shek, which was the leader of the Chinese nationalists at the time, was able to take control.
And once he got control of the country, after, let's face it, all the imperialistic powers raped China.
This was post-opium wars, of course.
Let's remember that Chiang Kai-shek was left with a bunch of peasants, man.
I mean, the Chinese people didn't know what the hell to do.
They didn't know what the hell.
It was just a pure peasant society, a peasant, five hundred million people peasant society, for heaven's sake.
So what did Chiang Kai-shek do?
He allowed foreign investors to come in, because he can't just erect all these things by himself.
He needs foreign investment.
So the foreign investors come in, and what did they do for the Chinese?
They went in.
They built the railroads.
They built the manufacturing bases.
They mined the natural resources.
They did all the things while Chiang Kai-shek was in power.
Then the Chinese people, just as much as the damn Russian people, got together and say, oh, it's not a fair that these marafaka are going to sit here and take a holiday out of money.
That's not a fair.
It's not a fair thing.
I don't like it.
So they got together and sipped on their bottle of sake or whatever the hell they did.
And they went out and they decided, oh, we're going to do a communist revolution against the marafaca out there fucker taking the money.
And what happened?
Well, there's a whole bunch of historical things that happened.
World War II, then you had the rise of dumbass Mao Setong.
Mao Setong basically was a small peasant-based revolution.
But because Chiang Kai-shek was having discontent amongst the people working in the factories because they didn't want to work, and because he had the communist upheaval happening in his domestic land, Japan decided to come in.
Japan decided to come in and basically take control or try to take control of the natural resources of China.
So anyway, long story short, the communist the communist revolution takes over the entire country of China.
And why is China why is China going to how can I put it?
How come it has continuous growth ever since the Communists took over?
How come the Russians had continuous growth ever since the Bolsheviks took over?
Huh?
A lot of these stupid communist so-called intellectuals are going to credit the collectivization of society as the reasoning for growth.
Now, the reason I'm doing this big diatribe is because it wasn't collectivization.
It was the fact that foreign investors like capitalists like myself were the ones that invested in these damn pissing grounds and built the railroads, built the factories, built everything.
We were the ones that did it, damn it.
Us!
Capitalists!
And what did these communists do?
They pissed and moaned.
Pissed and moaned because they had to go to work.
They didn't like the factory work.
They didn't like their jobs.
They didn't like this.
They didn't like that.
And lo and behold, they heard communism and they heard that they didn't have to work anymore.
All they had to do was follow in line with the secularist, atheistic political religion.
And before you know it, you know, before you know it, you've got this ridiculous nonsense, this communist revolution happening, and lo and behold, the communists take over the infrastructure already built by foreign investors and claim that communism is the best form of social order.
It's ridiculous.
Diatribe Against Unemployment Benefits00:03:03
It's sick.
Anyway, I didn't mean to go on that diatribe, folks, but I mean, let's be honest here.
All right?
Let's be honest.
That's all I'm saying.
Let's be honest.
I'm sick and tired of idiot communists coming in here and emailing me up, mind you.
I have communists that email me up saying, oh, you greasy capitalist, you slimy bastard.
Like, I'm some asshole with a pinstriped suit, slick back hair, flipping a nickel.
You know, like I'm some sort of shyster of some sort.
It's ridiculous.
Anyway, let me go ahead and take some calls here.
646-652-4869.
Area code 404.
You're on the air.
How are you doing?
My name is Deshaun.
I'm from Atlanta.
What's going on?
Look, I got a question.
I've been on unemployment for 59 weeks and I still got 40 weeks left.
Well, you know what?
If you've been on unemployment for 49 weeks, why don't you burn in hell, you moochin' asshole?
How about that?
Get him off!
You ain't gonna call up the true capitalist radio show and say you've been on unemployment for 49 weeks.
Well, burn in hell if you've been on unemployment for 49 weeks, you lazy bastard.
Why don't you get up off your fat ass and go get yourself a job, you stupid, silly, lazy ass, you know, getting something for nothing mooching detriment, waste of human life piece of filthy, disgusting, humanistic garbage.
Give me a break.
It's just disgusting, man.
It's disgusting, man.
I mean, do you hear this crap?
49 weeks, baby.
49 weeks.
Yeah, baby, 49 weeks is what I'm doing.
Give me a break.
Mentality, man.
I should have just kept that person on.
Do you know what I mean?
I should have just kept that person on and said, you know what?
My kids, baby, my kids.
My kids.
He probably would have said it.
You know what I'm saying?
Probably would have said it.
I'm not joking.
He probably would have said it, man.
I know.
I shouldn't have been so reactionary.
I should have been like, what is this idiot?
What is this idiot going to say?
You're my kids, baby, my kids.
Jesus Christ.
Anyway, 646-652-4869.
Let's take another caller here.
Hey, Goku, you there?
Yeah, I'm here, Ghost.
What's up?
Hey, what's going on, man?
Nothing much, you know, just chilling back, listening to your show.
How's it going?
Not chilling, man.
How's the weather up there?
Still snowing like a sunbitch or what?
No, it's not snowing.
It's just cold as hell, though.
Gold Buying Strategy for Youth00:15:56
It's just.
Yeah, it's definitely cold down here in Austin, man.
I mean, I know the sun's out, but it's still like 35, 40 degrees out here.
It's disgusting.
Here's like, I say, like, this morning it was 12.
Last night it was negative 12.
So it's pretty cold.
Yeah, I bet.
I mean, Jesus Christ.
I mean, we had something close to that, I think, earlier last week when it snowed, but I don't even think it went down to 12.
I think it went down to about 20, and that was about it.
But it was pretty spectacular because down here in Texas, you don't necessarily see too much snow out here.
You know what I mean?
Yeah, I hear you.
So how are you doing there, Goku?
No, I'm just chilling.
That guy keeps praying to you, man.
It's the same dude every single time.
And it's just every time I hear it, it's just so funny.
It's the guy, I think it was the guy talking about the penny stocks.
I don't blame him.
I don't blame him for getting a little upset.
I mean, you know, anybody who's going to get called out for being a penny stock playing piece of pump and dumb garbage obviously is going to get a little upset.
And, you know, and the reason he's upset in doing all this is because he knows I'm right.
He probably took some losses and he knows I'm right.
I mean, penny stocks are not something to be gambling around with unless you want to gamble.
You know, you should consider whatever you play in penny stocks as like, you know, the equivalent of something you take to Vegas.
You know, because, I mean, penny stocks is not going to get you any kind of gains.
And even if it does, let's say, you know, you do a 50 cent or something, and you pump and dump the stock and you make about a million dollars off a damn penny stock.
You don't think the SEC is going to have something to say about that?
I mean, the SEC makes sure to check everybody across the board on who profited off of what.
Every transaction is accounted for.
So, I mean, if somebody is going to sit here and make large sums of money, particularly on penny stocks, you goddamn well better know that the damn SEC is going to come in and ask questions and start wondering where you got information or investigate if you pumped and dumped the stock.
So I would not even touch penny stocks.
I think it's a ridiculous gamble.
I think that you have a better opportunity to just buy in.
I mean, if you don't know how to play the stock market, well, then just buy blue chip stocks.
You buy blue chip stocks and you just save them and sit on them and you just collect the dividends and let the growth of the stock continue to flourish at a higher rate than any bank or anything else.
And then in about five years, when you've accumulated about $12,000, $13,000 in stock, you can use that as collateral.
These banks will start talking to you, and then before you know it, you talk about, you talk to the bank about a loan for a house or for a business.
You want to open up a club, a bar, you want to get a badass place.
I mean, this is how you make things happen in America.
That's what people don't teach you.
They don't teach you that, hey, look, the way to live a nice life, the way to do something in this nature is to play the game.
You know what they teach you how to do in school?
Pass a test.
And passing a test doesn't mean jack in this world.
You know what I'm saying there, Goku?
Yeah, in my school, there's a couple of classes that teach you that.
There's like business classes and stuff like that, you know, marketing classes.
But other than that, unless you want to take the initiative and take the class, you don't know.
They should have a class.
I recommend them a class how to invest in the stock market, how to gain money, sell, buy, and do all that stuff so that when you leave high school, get some money, do that, and you'll know how to do it.
You at least have a little understanding of how to do it.
But no, like you said, that you teach how to pass tests is pathetic.
It's pathetic.
Well, you'll never see that in school.
You'll never see how to play the stock market or how to interpret the stock market.
Because then you'll have these leftist assholes who believe in government giving them everything.
And you'll have them just crying foul that, oh, you're turning our children into a bunch of greasy capitalist business, man.
It's not fair.
It's just a big problem.
So what I say is to teenagers like yourself there, Goku, is to play some of these pretend games.
There's a bunch of markets out there that you can play that can gauge whether or not you have the ability to speculate correctly before you actually get into the market.
So by the time that you're 18, by the time you're 18, you can actually go out and profit with any capital that you're able to obtain.
Not just the profit that you make from working, but from side dealing or well, not side dealing and drug dealing, but like side stuff like eBaying or going out and I don't know, doing some kind of subcontract work, that sort of thing.
Yeah.
You're right, Ghost.
You're right.
No, you sound like a good kid with a good head on your shoulders, man.
Have you found any jobs yet?
Are you still looking?
No, I'm still looking.
I think I'm going to try my local supermarket.
Keep asking them.
Supermarket's a good place.
They should give you a job.
They usually hire people that are under the age of 18.
But what what you want to do is be able to work as much as you can.
And at the same time, save your capital, Goku.
I mean, you know, just save it up, man.
And, you know, once you save your capital, why don't you go out and buy some gold?
I mean, I hate to pump gold here, but I know that these damn prices are going to go up the roof.
Have you read my blog yet on ghostpolitics.blogspot.com?
No, but I've listened to your show.
I've been hearing you about gold and stuff.
Yeah, I mean, you know, I talk about the variety of different factors.
I mean, I particularly am not a believer that gold is the end all of economics, you know, transaction standards.
But I know a good bubble when I see one.
And it's definitely here.
And and let's say that, you know, you're able to get a couple of hundred bucks a week and you go to the pawn shop or, you know, because you want to go to the pawn shop.
I know it's a ghetto ass place and there's a bunch of degenerates and drug addicts and losers coming in trying to pawn crap that they stole.
But believe it or not, they got some pretty good jewelry that are that's there that's 14K, 10K, you know, 18K, any K that you want, really, That you can actually buy below market value.
They're just marking up the price of the piece based upon the price they bought it for.
And at the same time, you can haggle with people that are in pawn shops.
Don't accept the face value for any piece of jewelry.
Don't accept and say, hey, look, you know, that says 500 here.
And throw $300 cash on the table.
Say, here, I got 300 cash right here.
Let me have that right there.
And then you negotiate.
You're going to say, well, how about 400?
Then you go, well, how about 325?
How about 375?
How about 350?
Sold.
And you just bought gold on the cheap, below market value.
And you know what you do with that?
You just save it.
Don't wear it because, man, there's a lot of trigger-happy po folks out here that are looking for shiny, you know, shining gold on so they can go and commit some arm robberies on them fools.
So I wouldn't wear it, but I would definitely store it in a safe.
And by the time you're 18, 19, that gold that you bought today, the gold you bought today is going to be worth a hell of a lot more by that time.
And you can liquidate those reserves for market value.
And then you're starting off with cash.
You're starting off with cash right when you're 18, Goku.
I have a question.
Who would you actually sell the gold to to get all that money that you that it's worth?
Are you kidding me?
I mean, they're advertising it all over the place.
I mean, isn't that you know that one place that says, hey, send us your gold, we'll give you market value?
Or, you know, you've got all these people buying gold.
I mean, there's so many companies right now, and you know, a lot of these companies that are being put up in markets everywhere are actually just regular people.
Like individuals that are, have you seen these gold buyers that have been coming out?
I can't say that I have.
Well, there's a lot of gold buyers.
You know, if you watch the news media, there's a lot of gold buyers, gold sellers pumping and dumping.
I live out here in Austin, Texas.
I go to Dallas, Houston, San Antonio.
Every one of these markets has these little mom-and-pop shop-type gold buyer retail locations.
If you look on the advertisements, you've got people saying, hey, come and bring down your gold.
We'll give you this value.
We'll give you that value.
And believe it or not, what you need to know is how much gold you actually have and base that on how much the market value is.
And that's when you can start liquidating.
You can liquidate those gold reserves once you turn 18 and you want to start doing some major damage in whatever sector, whether it's stocks, whether it's commodities, whether it's owning a business, whether it's flipping cars, wine, art, who cares?
I mean, just as long as you have capital to do whatever it is that you want to do.
Yeah, I hear you.
But don't resell it to the pawn shop.
Don't resell it to the pawn.
They're not going to give you market value.
You have to go to gold buyers that actually will pay you face value for the gold.
And believe it or not, those reserves, if you buy it now at these rates, in about two or three years, they're going to be worth, man, at least two or three times that much.
At least.
At least.
Yeah, I got only $100 right now.
I don't know how much gold I can get with that.
Well, try to go get anything you can.
Go negotiate.
You see something in there?
Make sure ask to see it.
Make sure you can see the 10 carat or 14 carat gold in there or it's marked.
And just throw the $100 down on the table, man.
Just say, hey, look, I know you got $200.
I got $100 right here.
But look, if you give this to me for $100, I'm going to come in here and buy gold every time I got cash.
You know?
That's how you do it, man.
Well, anyway, Goku, I want to thank you for calling, man.
You got your blog yet or no?
No, not yet.
I'll get it up.
I'll get it up.
All right, man.
Well, thanks for calling, Goku.
All right.
Good luck to you.
And hey, you know, do something.
Don't just sit back on the sidelines, man.
If you've got $100, go buy a damn gold chain and sit on that.
And whenever you get more money, go buy some more gold until you're 18, because that's the only thing that you're going to be able to buy right now at your age.
It's the only thing you can invest in.
The only thing you don't need your mom and pops around to do.
If you've got money on you, go into a damn pawn shop.
You can buy as much gold as your money can buy.
Yep.
Yep.
And if you save it for two years at 18, you're going to have some pretty good cash reserves.
So good luck to you, Goku, man.
You take it easy, man.
Thanks for calling.
Yeah.
No problem.
That was Goku, an average listener.
He's a young man under the age of 18.
Oh, yeah.
Not to mention silver, Goku.
Silver is also a decent precious metal that's also, I'm also bullish on.
But, of course, I think that the bigger return is going to be gold in the end.
I mean, I think gold, and I said it on the blog, I can see gold prices at least $3,000, $4,000 within the next couple of years.
At least.
And I'm not just saying that to be an over-speculative jerk ass.
I'm saying that on all the factors that I list on my blog.
All the factors that I list on my blog.
And, of course, folks, the blog is ghostpolitics.blogspot.com.
Peter Bergdon asked, why don't I just get gold bars?
Well, of course, I mean, that's what you want to get as an investor, pure gold bars.
I mean, I understand that, but in this case in point, Goku is under the age of 18.
He doesn't want to be left behind.
He wants to take whatever monies that he's able to accumulate as a young man and be able to be prepared and invest in something so that when he turns 18 and actually has the legal right to go into contracts and to be able to open up brokerage accounts, you'll actually have some capital.
Actually has some capital.
And at this point in time, if you're under the age of 18 and all you can do is work at a Mickey D's or work at a supermarket, you should take your money and go buy some gold.
But make a deal on it for Christ's sake.
That's why I'm saying go to the pawn shops, man.
They wheel and deal.
All you have to do is have the cash on you.
You have the cash.
They're looking at that cash.
They ain't going to let you leave without it.
They're going to make you some kind of a deal.
So if you're 16 years old right now, you're working in a Mickey D's, don't go out and buy those electronic widgets.
Don't go out and pay $500 for an iPhone, an iPad, whatever the hell the case might be.
Go out and buy some gold, baby.
You know what I'm talking about?
Go out and buy some gold, put it in a safe place, and make sure nobody can get it.
And in two years, when you turn 18 years old, you're going to be able to cash those out at like $2,000 or $3,000, $4,000, whatever the hell the price of gold is at that time.
And you're going to have some major cash reserves that you can flip either into a stock market venture, into commodities, or if you want to go to college, which I don't know why you'd want to go to college, really.
I mean, unless you're getting your college completely paid for, there should be no reason why you should go to college.
And if you don't believe me, why don't you go and do a damn YouTube search for College loan nightmares or college loan stories and take a listen and take a look at everybody who has put out a college loan that is paying the price because, first of all, they're going into an employment sector that is filled with no type of jobs other than service-oriented crap.
Secondly, they got themselves a degree in a sector that is so saturated with people with their same degree that the pay of a potential employer with that degree goes down because of supply and demand.
I mean, there's just a lot of factors.
I don't mean to get on this diatribe about college again, but I mean, you know, I know I have a lot of young people who listen to me, and I know there's a lot of people that get into the hype that I got to go to college, baby.
My parents told me I got to.
Unless you're getting full scholarship, don't go to college.
All right, if you want to go to college, go to some community college.
Two years, okay.
You're a college graduate, you got yourself a little pussy with a little associate's degree, big deal.
Music Promoting Anarchy Themes00:08:58
All right, but don't go blow forty, fifty, sixty thousand dollars before you even enter the game, before you even make money.
Don't do it.
I mean, think about making money first.
How about that, kids?
Think about making money first before you think about blowing it.
You know what I'm saying?
Anyway, six four six, six five two, four eight six nine is the number to call here.
We're three minutes into the third hour, the third hour of the True Capitalist Radio Show.
I am your host, the man they call Ghost.
And once again, folks, I want to thank everybody for tuning in with me.
I see there's a lot of live listeners.
I want to thank those folks for tuning in.
Please, if you can, retweet the broadcast.
Tell everybody know on all your little social networking sites that True Capitalist Radio Show is on.
We're live.
If you happen to have a popular website or a blog or some kind of a popular MySpace or social networking page, you can actually take the audio widget, cut and paste the audio widget of the True Capitalist Radio Show and post it on your page so you can simulcast the broadcast, folks.
You can actually simulcast the broadcast.
No BS, man.
It's unbelievable, man.
I can't believe it.
I mean, talk about one-click syndication.
So help True Capitalist Radio out.
You know, put those players out.
Let everybody know.
Let everybody know.
And I just want to let everybody know this hour is sponsored by EFACS.
EFACS.
Facts anywhere, anyplace, anytime.
Get rid of all that paper and all that ink.
Just go ahead and be able to turn your emails into faxes, faxes into emails.
Give them a call, all right, right now.
Get a pad and paper.
This is a great service.
I'm using it.
I'm sure anybody who's in business that needs to fax things like documents, contracts, certain things for bills, that sort of thing, please, please give it a call, 877-851-2214.
That's EFAX.
Facts anything, anywhere, 877-851-2214.
I want to thank EFAX for being our new sponsor here.
We're continuously getting sponsors, and I want to thank the fans out there who listen on a consistent basis every day, Monday through Friday, between the hours of 4 and 7 p.m. Central Standard Time.
I want to thank you for tuning in with me.
Without you, we wouldn't have this show, and we wouldn't have the popularity and the demand of sponsorship that we have.
So, once again, I want to thank you.
I mean, you know, from the bottom of my heart.
But anyway, before we move on, I'm going to take a break.
While I'm taking a break, call EFAX, listen to what they got to say, see if any of the services that they provide can hook you up and make your system more efficient.
All right.
877-851-2214.
Right now, I'm going to play a little bit of music here to take a break.
I've got to refill my glass of McAllen single malt scotch.
You know, I don't think I'm drinking enough, for heaven's sake.
You know, I think I should be drinking a little bit more.
So I'm going to go ahead and do that, and I'm going to play a real short song.
I know everybody was disappointed that the song that I tried to put on previous to commemorate Black History Month kind of, I don't know, the sensors or I don't know, it was a bad download.
I don't know what the bad rip, whatever the crap is.
All right.
I'm sorry.
But hopefully, we won't have the same problems for this next song here.
This next song is a little bit different.
Obviously, you know, we got some people that have grown up during certain eras of music.
You know, we've been playing a lot of eras of music.
I like to consider my taste in music diverse, to say the least.
But this particular band kind of put forth a movement that pretty much encapsulates what's going on in Egypt today.
And what am I talking about exactly, folks?
Well, I'm going to take a break right now, okay?
I'm going to put on a song that promotes anarchy.
Yeah, that's right.
And while I'm putting on the song, call EFAX.
They're the sponsors of this show.
877-851-2214.
Give them a call.
Turn emails into faxes, faxes into emails.
Get rid of all the paper and the ink.
Get it out of your life.
877-851-2214.
And I'm going to put a little bit of sex pistols, believe it or not.
This is going back sometimes some sex pistols.
This is anarchy in the UK.
So we can throw that on there, please.
Anarchy in the UK.
Here we go.
Yeah.
Enjoy.
We'll be back in a second.
All right?
I am an anti-Caisa.
I am an anarchist.
Don't know what I want, but I know how to get it.
I wanna destroy bosses by design.
Wanna be anarchy.
Anarchy body.
It's coming sometimes.
I might be.
I give a wrong time.
Stop a traffic line.
Yes, yes, I dream and I jump in safe design.
I wanna be And I'll care in the day.
A man white, I want that one.
I am the best.
I is the rest.
I am the me.
I am okay.
Cause I wanna be the only one to play.
Or is it a way?
I thought it was a yes.
Oh, yeah.
Another fun trade and now I can help the next day.
I wanna be wanna be.
Thank you.
I can't get them strong.
You're listening to Ghost on True Capitalist Radio, True Capitalist Radio.
Yeah, we're back, folks.
Retirement Security and Social Issues00:14:25
And hopefully, you appreciated that little interlude of some sex pistols.
Definitely some classic 80s for all the folks that grew up during that particular time.
You know, when you listen to that, it seems such like an innocent thing now.
At the time, it was such a dangerous all-punk movement.
Oh, man, I can't believe it.
But now it's just so tame.
It's just so tame compared to what we have in today's society, where we have, you know, MTV playing this ridiculous child pornographic episode of Skins.
And, you know, we have the American Idols and we have Glee.
And we have, you know, all these other, you know, disgusting, despicable excuses of sources of entertainment that we're just supposed to accept.
You know?
So it's just so tame.
I don't know.
There's just something about the 80s that encapsulates a certain element of innocence, if you will.
Yeah.
And there's a lot of four-letter words going on in the chat room about MTV.
And let me tell you, I'm right there with you, buddy.
All right?
I'm right there with you.
I can't stand MTV.
It's a disgusting disgrace.
But you know what's unfortunate?
It shapes the minds of America and the American youth.
And if you don't believe me, if you do not believe me, I got two words for you.
Jersey Shore.
All right?
Jersey Shore.
I know I keep harping on this, but Jersey freaking sure.
You know, one of the highest-rated sitcoms or reality shows of all time.
All right?
I mean, can you believe this crap?
Jersey Shore.
A whole bunch of WAPs getting together, getting drunk, and screwing each other, huh?
Jersey freaking sure, huh?
Hey, it's going here.
I'm the situation, eh?
Hey, look at me.
Hey, I got a couple of broads over here swinging off my bulls.
I got about one or two of three broads.
You know what I'm talking about?
Hey, ho, hot tub.
Hot tub.
Hey, call me the situation over here.
Hey, look at me.
I'm the most watched guy on TV now.
Look at me now.
Look at me now.
I mean, good God, man.
Good God.
I just can't.
I can't stand these meatball-eating bastards getting so much.
I mean, what are they doing that the American people are so captivated on other than getting drunk and screwing each other and getting into fights?
And what's really disgusting is that the Italian community isn't like not embracing this.
They're not like turning their backs on this.
I mean, they turned their backs on the mafia, which I believe, even though it's a criminal enterprise, is something to look up to a lot more.
At least they were capitalists.
At least they were criminal enterprise because they wanted to make money.
And they turned their back on the mafia culture.
And now I'm Italian.
You know what I'm talking about?
I'm not a mobster.
You know, they make Italians look bad.
No, you know what makes Italians look bad?
Snooky asshole.
That's what makes Italians look bad.
You know what makes Italians look bad?
Huh?
Paul E. D.
That homosexually ambiguous asshole with the fruit out hair.
All right?
I mean, give me a break.
I mean, seriously.
I know.
I know full-blooded Italians.
They despise these people.
But I'm just saying, man, you know, I'm just saying.
I'm sick of seeing these people.
And yet, you know, here's what are they in the third or fourth season already?
They're going to Italy.
You know, they're sending these schmucks to Italy for Christ's sake, huh?
That's a slap in the mouth.
We're going to send them back to you there, Italy, huh?
Here.
Good riddance.
Keep them.
Jesus Christ.
I didn't mean to get out of that tirade, but, you know, you look at what's going on today in America and you look at the social landscape, and it's no wonder why most of the American people are dependent on American entitlements.
This is why we're not going to do any true cutting because, look, if we do any true cutting, like, you know, getting rid of welfare food stamps, housing voucher programs, Medicaid, Medicaid, we start getting rid of all these things.
Are you kidding me?
These idiots are going to go out in the street.
It's going to be Egypt, for Christ's sake, you know?
It's going to be Egypt.
It's going to be chaos in the streets.
And you know what they're going to do?
They're going to say, we're doing this because of my kids.
I've got to feed my kids, baby.
So I got to loot your stow.
I got to loot your stow because I got to feed my kids, baby.
My kids.
I mean, you know, Jesus Christ.
Yeah.
I'm sorry, man.
You know, I'm sorry.
You know, I just don't understand how America could be flushed down the proverbial toilet so much, you know?
And what sucks is that we're not even completely flushed down the toilet.
We're that little tiny little nugget, you know, that nugget turd that just, you know, you flush it once and it just doesn't, you know, go down the damn shitbowl.
You know, you flush it again and flush again, and it's just like a little shit nugget.
It just won't go down, you know, the drain hole.
Well, that's exactly what is happening here in America.
You know, I mean, it just don't see any good things happening in the future of America.
I mean, there's just too many losers, man.
And in two years, once the, I hate to keep saying this, but once the Bush tax cuts reset, once they have to start cutting because of our fiscal irresponsibility and high deficits, once we have to do all these things, once the Federal Reserve has to up interest rates about 20%, once all these things happen, you're going to see some serious garbage happening in this country, folks.
And I feel very scared.
Why do you think that I'm investing in foreign markets in real estate, man?
I mean, I want to be able to jump ship out of here if this country of America turns into Egypt.
I don't want to be here with these idiots with their kids, my kids, whenever they go out and start rioting and start looting for the sake of feeding eight kids or whatever the case might be.
I don't want to be here for that crap.
I want order.
Don't you understand that?
I want order.
And any capitalist that's out there wants order also.
Without order, there is no progress.
Without order, there is no living large for anybody, for anyone.
Without order, nobody can accumulate property.
There's nothing, nothing can happen.
So give me a break.
I mean, you know, look at these people.
They're getting mad at me here.
I'm getting private messages from some asshole who obviously is a Social Security recipient saying, well, what about us old people?
You know, you have to take away our Social Security.
That's not fair.
I put into this system.
You freak up, you stupid piece of crap.
Are you kidding me?
You're not owed anything, okay?
Everybody's taxed Social Security.
And the politicians that you elected, all right, obligated those Social Security funds for other entitlements that your little liberal, bleeding, bureaucratic heart insisted upon taking on as a deficit.
And now that you've got to pay the Piper, now that the deficits are getting too damn high out here to just ignore, and it's just getting too out of hand.
Now all of a sudden, these older folks, and let me tell you, I'm an older folk too.
I mean, I'm not Social Security age yet, but I'm an older folk too.
But now all of a sudden, they want to piss and moan about, oh, you want to take away my Social Security.
It's mine.
It's not fair.
No, it's perfectly fair.
What's not fair is that you're going to make this emotional plea that it's not fair that you're going to get your Social Security taken away when you know that your Social Security is being funded on the backs of young people that are never, ever, ever going to get their Social Security.
Ever, ever.
I mean, they're never going to see it.
I mean, so for anyone that's private messaging me up saying, oh, it's not fair, Ghost.
I mean, you know, what you're talking about is taking away our Social Security.
I need it.
How am I going to live, ghost?
How are these children of yours going to live, you ungrateful prick?
You know, what are these children going to do?
Instead of worrying about your old prostate-infected self that already lived your life and had 30 years of job security and going out and buying the big boats and the big houses and the big cars and spending next week's cash to keep up with the Joneses and all this other nonsense.
I mean, give me a break.
I mean, what are these kids going to do?
And of course, that doesn't concern your mind because you know older people, all you give a crap about is your next Social Security check so you can put it to the payment of your Cadillac lease that you ride around in your old prostate-infected ass in.
You know, I mean, what I say to old people that are having trouble in today's America is go back to work.
Yeah, yeah, go back to work.
I mean, I don't understand the whole concept of retirement, man.
And the only time of retirement, the only time retirement actually makes sense, all right?
The only time retirement actually makes sense is if you're about to die within two years, all right?
All right?
If you're about to die within two years, well, then hell, retire.
You know, who gives a crap?
You know, get the bucket list.
Do whatever you want to do.
All right.
But, you know, all these people that are retiring and are living for 18, 20, 30 years after they retire, you ungrateful, lazy prick.
You know?
I mean, seriously, you are an ungrateful, lazy prick.
There are so many things that people can do that are ageless.
Henceforth, stock trading, investing, doing any kind of business transaction to flip your chips.
I mean, just because you think you retire, what does that give you liberty to just stop thinking, stop doing?
You see, this is why I have more compassion.
Even though these stupid kids call me up and try to prank all me and act like four-eyed, freckle-faced, beaten stepchildren.
But I know that the reason they're so stupid and idiotic and lame and with no personalities, it's not their fault.
It's your fault.
It's the parents' fault.
It's the educator's fault.
There's a reason why they're so stupid.
There's a reason why they're not funny.
There's a reason why this is a disgusting, disgraced version, pussy-whipped youth version of itself.
It's because you people, I'm talking about the parents, the so-called, oh, I'm such a good parent.
I put my kid in front of a television set, or I give them a little electronic gadget, or I put them in front of a violent video game, and that makes me such a good parent.
That's what I am.
Yes, that's what I am.
Man, man, man.
Doesn't make you a good parent, piece of crap.
You know, making yourself a good, you think you're a good parent?
I mean, look at what you're leaving your children.
I mean, look at the economic opportunity in America, for Christ's sake.
You know?
Look at the economic opportunity in America.
There's none.
I mean, what is a young person supposed to aspire to as far as a career is concerned?
What?
Become a bartender, huh?
Become a hairdresser?
Become the manager of Applebee's?
I mean, honestly, can somebody call me up and explain to me what a young person is supposed to aspire to be in today's America?
Huh?
I mean, what are they supposed to aspire to be, man?
I mean, there's no jobs out here.
They've all been exported, and they're all gone, man.
And on top of which, we've had this public education system saturate and pump and dump this damn college degree diploma mill system that we have here.
It has saturated the whole damn market with college graduates, and now it doesn't even matter if you're a college graduate or not, man.
I mean, why don't you go to your nearest Starbucks and ask your barista whether they got a degree, and I guarantee you they got a BA or a BS in something.
You know?
I mean, what are these young people supposed to be?
And here you have these old people that are still pissing and moaning and crying about how they deserve Social Security that were blessed with 30, 40 years of the same job.
I mean, you're never going to see that kind of job security ever again.
Never.
Ever.
And yet they piss and moan about, oh, I just need more money.
I need Social Security and this and that.
I mean, they had job security, they had retirements, they had, I mean, they had everything.
They had everything handed to them with silver platter, and yet they're still pissing and moaning, and they want to take your beans.
And I'm talking about everybody who's under the age of 40 years old, all right?
They want to take your beans, and they want to take out Social Security, they want to take out Medicaid, Medicare, even though you're not going to see a goddamn dime of that.
And I think it's disgraceful.
Child Support and Job Insecurity00:08:55
I think it's disgraceful.
And I said it once, and I'll say it again.
All right?
You people are throwing your children into wood chippers.
Don't you understand that, you morons?
All you, you know, oh, I'm such a good parent.
I'm such, I'm so good.
I buy my kid everything he wants, and I make sure that he never wants for nothing, and he's just such a good parent.
It's what I am.
And you're not telling them how to live life.
You're not telling them how to invest.
You're not leaving them anything, you know?
You're not leaving them anything or anything of that nature.
Well, I'll tell you what.
You're throwing your children into wood chippers, whether you like it or not, you in denial prick.
Okay?
And what I want you to do is I want you to turn up the knob on your volume, on your computer, on your smartphone, or however you're listening to this program.
I want you to turn it up.
And I want you to join me in audio effigy, in audio effigy of these baby boomer, prostate-infected, oval teen-drinking, golden girls-watching assholes throwing their children into wood chippers.
All right?
And I know I do this a lot, but I want it to sink into the psyche.
Don't you understand that?
I want it to sink into the subconscience of everybody that's within the vicinity of my voice.
Do you understand?
I want that to sink in to everybody.
Everybody.
Because this is serious.
You people that think that you're obligated, you're obligated to Social Security.
Let me tell you, the politicians that you ass clowns elected, the politicians that you ass clowns elected, were the ones that obligated those Social Security funds for other bureaucratic paychecks and payrolls and stupid little liberal programs and all this other crap.
Those funds in Social Security are already spent.
Just because you put into the program, just because you were taxed, doesn't mean you deserve diddly.
It doesn't mean you deserve jack, man.
What are you going to tell your children?
Your children aren't going to be able to collect Social Security.
I mean, can somebody call me up 646-6524869?
Why don't you tell me what your children are going to do?
You know what they're going to do?
They're going to go out, and after they get out of college and they realize that they don't have a job, they can't work in the field that they were educated in.
They've got to go out and get some stupid, ridiculous job as a bartender or as a hairdresser or as a waiter or something of that nature.
And they're going to have to pay Social Security tax out of the beans that they collect.
They're going to have to pay Social Security tax out of the beans that they collect so that they can pay for you.
So they can pay for you and your little Cadillacs, you know, and your little Cadillac payments and all this other nonsense.
I mean, have you had no soul?
I mean, don't you idiots have a soul?
I mean, don't you know that you're throwing these children into wood chippers?
I mean, I hate to say it over and over and over.
But, God damn it, don't you idiots realize that you're throwing your damn children in these wood chippers?
I mean, don't you realize this, crap?
I better calm down, but it hurts, man.
Don't you understand it hurts?
It hurts to wake up every morning, even though I know I'm capitalizing, even though I know I'm bawling, even though I know that I'm going to be all right until the day that I die.
I cannot continue to walk this earth knowing that these kids, my kids, and all these people that are just being birthed into this world with no direction, with no type of opportunity, with nothing.
It hurts to wake up and see the sour scowls of the parents that sit here and utilize these children for reasons to ruin their lives, for reasons to be nothing more than moochers of society.
I just can't take it anymore, man.
It makes me sick, man.
that, folks?
I mean, doesn't it make you burn a hole in your intestines when you look at the gluttony of the ungratefulness of these baby boomer assholes?
I mean, goddamn, let me take a sip of this.
I know I went out and got some more drink.
But I'm just fueled up, man.
I'm tired.
I'm tired of waking up every morning and seeing these ungrateful bastards sit here and continue to piss and moan.
Nobody in America should be pissing and moaning.
Nobody in America should be pissing and moaning.
Nobody in this goddamn country.
This is America, damn it.
This is America.
We got dollar menus on every freaking corner, you stupid morons.
We got dollar menus.
You can get a damn taco at Taco Bell for 35 cents, you dumb idiot.
Fire up that wood chipper.
Fire up that wood chipper.
This is an audio effigy, an audio effigy of all you baby boomers and all you people that could give a rat's ass that have thrown your children in front of electronic widgets, violent video games, and television sets, instead of actually teaching them how to be productive members of society because you are not a productive member of society.
I'm going to fire up this wood chipper.
I'm going to fire up this wood chipper and I want you to join me in audio effigy because this is what you did to your children.
You, you doing your, you're doing this to your children.
Fire up that wood chipper.
Fired up.
There you go.
This is the wood chipper.
Now start throwing the children.
Start throwing the children into that wood chipper.
Start throwing those children in that wood chipper.
There he goes.
Throw them in there.
There you go.
There you go.
I'm sorry.
Your parents did this.
Your parents did this.
That's it.
Blame your parents.
They didn't care.
GRRRRRRRRRRRRRRRRRR That's it.
All right, shut it off.
Shut it off.
I mean, but I'm serious, folks.
That is an audio effigy of what you're doing to your children.
You're throwing them into a damn wood chipper, and you idiots could give two rats asses.
You could care less.
You could care less about it.
Look at you.
You're still spending next week's cash.
You're still pissing and moaning about, oh, my kids, baby.
My kids.
Baby, I gotta go out and do what I gotta do because of my kids.
I gotta go out and pay.
I gotta collect child support, baby.
I gotta go out and get a government entitlement government cheat, baby, because of my kids.
My kids, you're not understanding.
Wood Chipper Metaphor for Kids00:09:59
All you people out there ain't understanding.
My kids.
Jesus Christ, man.
Just disgusting.
We got about 25 minutes left in the program, folks.
I mean, I am sick, really.
I'm just disgusted.
I mean, I'm depressed.
I mean, I don't even really want to continue the show any longer because I just can't stand what's going on in this country.
And maybe it's, you know, the McHallen booze or something hitting me, and maybe I'm having a bad, you know, maybe I'm having a bad drunk.
I don't know.
I don't care.
But, goddammit.
God damn it.
This is hard to take.
You know, it's hard to swallow, for heaven's sake.
You know, I'm trying to do the show, but this whole Social Security, what's happening to this generation, what's happening to the young people, you know, it's a bigger distraction than Adrian Brody's nose.
And, you know, to continue on with the show with that type of a distraction is just, you know, it's burdensome, to say the least, you know?
Well, at least I'm in Austin, Texas.
At least, you know, I can go down to 6th Street, West 6th Street, and have a few drinks, you know, maybe see Sandra Bullock and her black baby, you know?
You know, I know that, you know, her and Ryan Reynolds are together, but, you know, maybe I can take my son along with me and maybe throw him at her.
Maybe she'll hook him up with that $350 million she's worth.
Just joking, man.
All right.
We've got about 20, 30 minutes left in the program, folks.
I'm going to take some callers here.
646-652-4869.
I don't really feel like talking about any kind of business or any type of politics anymore.
I'm going to try to unwind.
I'm trying to kick back here.
I would like to spark up a cigar in the office here, but I'm afraid that I'm going to turn on the alarms throughout the building.
And I don't want to be the asshole who was responsible for setting off the alarms in the whole damn building.
So I'm just going to kind of kick back.
I'm going to chill.
I'd like for people to call in.
Give me their thoughts.
Tell me what's on your mind.
Hopefully you have a drink next year.
You're puffing on a damn Opus X cigar.
Something of that nature.
646-652-4869.
Give me a call here.
All right.
Give me a call.
Let's go ahead and take a couple of 200.
Are you there?
Yeah.
How you doing, Gus?
Gus, baby gust.
Gus.
I love you, baby buns.
Gus, Gus.
Gosh, come off!
I'm telling you, man, every freaking show, man.
Every freaking show.
Harvey Milk loser, you know, calls up and sounds like some fruity bastard.
I just don't get it, man.
I just don't get it.
I mean, I'm just so damn depressed.
Let me keep drinking.
I'm just going to keep drinking.
All right, that's what I'm going to do.
I need some more booze up in here.
Let me go ahead and keep drinking.
Hold on, let me go ahead and get another.
Let me get some more out of this bottle here.
I got a little mini bar set up here in my office, man.
It's unbelievable.
That's what happens when you make pretty good speculations.
Here, let me go ahead and there we go.
Yeah, look at that.
Oh, yeah.
I got some more Mac Allen up in the glass here.
Here, let me go ahead and take a silver.
Man, it goes out smooth down the gullet from folks.
And, you know, I know there's people in here saying, oh, you're such a drunk ghost.
It's, you know, this and that.
Hey, hey, man, I'm a connoisseur, you assholes.
Don't you understand that?
I'm a connoisseur.
I don't drink the same damn thing every day.
That's what drunks do.
Drunks drink, you know, bottles of old chicken.
You know, I don't drink that kind of stuff.
All right.
I don't drink aristocrat.
You know, I don't drink cheap bottles of hooch.
You know, I mean, everything that I'm drinking is properly distilled.
You know, it's properly distilled.
And, you know, it's worth the money that it is.
All right?
It's smooth, too.
You know, it's smooth.
Smooth, baby.
Anyway, here, I think we got Tyrone on the phone.
Hey, Tyrone, are you there, man?
Yeah, baby.
What's up, man?
Well, you know, I wanted to play William Devon.
You know, be thankful for what you got.
You know what I'm talking about?
Diamond in the back, some real top.
It is the thing you went against the lead.
You know, you know what I'm talking about that one?
Yeah, I know what you're talking about.
Yeah, yeah.
Well, unfortunately, it just kind of, you know, cut off in mid-song.
It just cut off in mid-song, and I wanted to say that I'm sorry because I know that's one of your, you know, one of your jams.
I know that you bang it in your 76 Novas.
Is that right?
Man, I ain't got no 76 Nova, man.
I got a 79 Cadillac, baby.
You know what I'm saying?
I hooked up with this white girl like two weeks ago, you know what I'm saying, at the club.
You know what I'm saying?
And moved up in her house, like two days later.
You know what I'm saying?
And she hooked me up with a nice 79 Cadillac on dub, man.
You know what I'm saying?
Wow.
Good God.
Well, you know, that's good.
You know, I mean, I guess.
I mean, you don't expect to be in any kind of TV court show anytime soon, do you, Tyrone?
Nah, man, you know what I'm saying?
I'm a player for life, man.
You know what I'm saying?
These women here, they ain't nothing, man.
You know what I'm saying?
I just do what I do, baby.
You know what I'm saying?
I just do what I do.
Well, I guess that's great, Tyrone.
Let me go ahead and mute your ass trying to tell people how to be moochers here.
I mean, I'm sitting over here screaming the hell about people not being moochers, and here you are promoting it like some damn imbecile singing a welfare carol.
Stupid jerk ass.
Give me a break.
Give me a break, man.
I mean, you know, why can't you brothers be, you know, I know y'all love, you know, Scarface.
I mean, let me tell you something, right?
Let me tell you something right now.
I've been into, you know, well, let me take that back.
I haven't been in.
I have witnessed black clubs in action.
You know what I'm saying?
Black clubs in action.
And I talked a little bit about this yesterday, how, you know, if you're a female and ever been into a black club, you're probably going to get assaulted.
You know, you're probably going to get physically assaulted.
But believe it or not, that's a come on in black clubs.
I mean, they grab you by your hand and say, yeah, come here, baby.
Come here.
Yeah.
Yeah.
And then they start getting in back at you and start grinding up against your ass.
And they're like, yeah, baby, ain't nothing wrong with a little bumpy grab, baby.
And then doing all this crap.
And, you know, you're supposed to accept that.
I mean, any other setting that would be, you know, constituted as sexual harassment and maybe even rape.
But, you know, lo and behold, I mean, that's the way it is.
Now, what I'm getting at is, you know, why exactly I still have Tyrone on the phone here.
Why exactly does the majority, and maybe I'm politically incorrect when I say that, but at least the majority of the media interpretation of black communities, why exactly do they have them in such ghetto fashion?
I mean, can you explain it?
I mean, look, I'm a big fan of Bill Cosby.
I think Bill Cosby is a great asset to the black community.
But, you know, you black folks act like, you know, Bill Cosby just farted on your best suit or something.
You know what I mean?
Like he just stepped on your timberlands of some crap because he's stating the obvious.
You know, he's stating what I've been stating.
And I think that everybody in the urban community needs to take notice to what Bill Cosby's been saying.
I mean, he says, hey, don't you pull your damn pants up there, boy?
You know, why don't you stop blaming everybody for your own problems?
Why don't you go out and get a job?
Stop having kids.
You know, saying the things that I'm saying.
And yet, you're putting Bill Cosby in the same damn category as David Duke, you know?
Or as a Grand Dragon or something.
I mean, you know, and then once somebody like me says, hey, look, I think that black America should look up to, you know, one of the greatest black Americans that is a good role model to everybody.
And I say Brian Gumble.
You know, Brian Gumbel is a, you know, a tremendous asset to the black community, and yet he's treated as if he's some sort of a leper of some sort.
Because, oh, man, baby, he talked too white, baby.
He's trying to be Uncle Tom, baby.
He trying to be Uncle Tom, baby.
Ain't no faith.
Think he better than us, baby.
Blaming Others vs. Getting Jobs00:13:46
Yeah, no, man.
You know, once I try to, you know, sit here and uh attempt to convey this type of notion.
I'm the racist now.
I'm the racist bastard.
Great.
Unbelievably great.
Anyway, let's take some calls here.
200.
Wait a minute.
Wait a minute.
I think I already called on 200.
Screw you.
You're some idiot.
111, you there?
Yeah, 111 isn't there.
Goku, you there?
Hey, what's up, ghost?
Hey, what's going on, man?
We've got a little bit of about 14 minutes left, man.
I'm sorry.
I'm off Keystre here.
Maybe I'm a little intoxicated or something off the Mac Allen single malt.
But, you know, what the hell can I say, man?
I mean, this is just a bad situation that we're in here.
And, you know, it gets a little depressing, you know?
Yeah, here you go.
I mean, kids don't realize that their parents are basically throwing them down the toilet, not caring about them.
That's all.
Absolutely.
You're damn right, that's what's happening.
Go ahead.
Go ahead.
What were you going to say?
Talk about that stupid Jersey Shore you were talking about.
I mean, how does I don't get how they paid so much money, but yet they do nothing to society of contribution, something like that.
They do nothing, and yet all they do is party, they drink, they fight, they make up, and it's the same thing over and over again.
You want to know why, Goku?
You want to know why there's a business called Entertainment, and believe it or not, a lot of the American assholes that are collecting unemployment.
You heard some asshole saying he's been collecting unemployment for 59 weeks.
You know, all these idiots, they watch TV.
That's all they do.
They watch TV and they deposit large quantities of food down their gullet like garbage disposals.
And what are they watching?
They're watching Jersey Shore.
And why are they watching it?
Because believe it or not, and I know this is hard to believe, but many of the people that watch Jersey Shore wished they had that life.
They wished that they could just be some simplistic, you know, cannoli-eaten WOP that does nothing but drink old cheap bottles of hooch all day and screw, like you know, over tanned leather bag skankosauruses and take turns, you know, with Paul E. D or whatever the hell it's.
I mean, that's a.
That's what they want.
They want that type of a life.
That's why these people are all watching it.
That's why they're making so much money.
You know, the whole process of media is that the more people are watching or listening to something, the more money that you know particular program is going to make.
And since everybody thinks That a couple of meatball-eaten Guido bastards are fun to watch when they get sauced and intermix them with hot tubs and leather bag Bimbos.
This is what you have out here.
This is the Jersey Shore, and this is what America is basically calling entertainment in today's country, in today's society.
So there really is nothing to get there, Goku, because if you try to get it, you'll probably be as ignorant and as stupid as they are.
And let me tell you, Goku, you don't sound like that.
You don't sound like the damn Guido's or a gangster or trailer trash or any of this stuff.
You sound like somebody who is intuitive, somebody who wants to know what's going on, somebody who wants to be ahead of the game.
And you're ahead of the game just by thinking in this mentality, you know?
Yeah, I know, Ghost.
I hear you.
A whole bunch of kids at my school are like, oh, my God, Jersey Shore, yeah, it's great show ever.
I'm like, are you kidding me?
No, it's not.
It's the worst show ever.
It's just the same thing over and over again.
It's terrible.
It's, I don't know.
I don't know how to explain it.
You know what people should be looking up to?
And they used to look up to it, but for the wrong reasons.
That MTV program by that idiot, Bam My Jarrah.
Do you remember that?
Yeah, Bammerjera, yeah.
Yeah, it was a Viva La Bam or something.
And the only reason I say that people should look into that is because, look, he does a lot of kooky things, has concerts in the back of his house and goes out on trips and he spends all this money, right?
Well, why don't you really listen and look at how Bam My Jara is able to do that?
Okay?
I mean, there's a genius behind that madness.
And I wish that kids would look at that.
I wish that people would look at that and be able to say, you know what, I want to aspire to be that.
How do I do it?
Well, I'll tell you how Bam My Jarrah does it.
You know that every one of those little stunts that are on his program, all the money that he spends, I think there was one episode where he turned his whole house into a skate ramp park.
He went out and rented out some sort of ski resort and actually put a whole, what do you call those?
The big-ass floats, those big things where you jump around in.
What do you call those things?
The bumpers or what do the hell you call those things?
I don't know.
You know what I'm talking about the big castles?
You go in, you jump around.
Oh, yeah, yeah.
Inflatables or whatever the hell.
Yeah, yeah.
He put an inflatable on some skis and threw it down a mountain.
And, you know, all this stuff that costs us extensive money.
You know, he artificially put a sunroof on his Lamborghini.
Well, how is he blowing all this money?
How is he able to do this?
He's writing it off on his company, man.
He's writing it off.
It's all an expense on the business, man.
He's not blowing his cash because he's an imbecile.
It's all in the production.
It's all in what he's producing, man.
So I wish kids would look at Bam My Jarrah instead of saying, oh, man, he's such a cool skater, dude, and he dresses nice.
Instead of looking at him and saying, wait a minute, how was he able to do this?
How was he able to spend so much money?
He's spending it because it's his business account, not his personal money.
And once you start realizing the difference between personal and business expenses, that's when you can start realizing how to really live large.
You know what I'm talking about?
I know what you're talking about ghosts.
Anyway, Goku, I've got eight minutes left.
I'm going to take a couple more callers, man.
I want to thank you, man.
All right.
Take it easy, Goku.
I think we got Debbie on the line.
Debbie, are you on the line?
I'm on the line.
Can you hear me?
Hey, what's going on?
Nothing.
And I'm over here just playing in your chat room and listening to you.
Well, thanks for calling.
You know, have you been getting any insight on the show?
I know that towards the end of the last hour, I kind of go off on tie rates, but for the first couple hours, I try to give insight on the markets and commodities.
You've been taking advantage of that, or do you think that I'm just kind of falling off my rocker?
No, you're not falling off your rocker.
I listen to all the tips you give.
I do.
Yeah.
Well, I appreciate that, man.
I appreciate that.
Hold on.
You definitely do your homework.
Can I ask you a question?
What's that?
What is a barrel roll?
What's a barrel roll?
I honestly want to know what a barrel roll is.
I hear people playing little drops of you going, barrel roll.
What is a barrel roll?
Well, they used to call me up all the time back in like 2009, 2010.
And they used to call me up and a barrel roll.
And they used to do this crap all the time, every time.
If you look back in the archives, you can hear it.
But anyway, apparently it is a meme that is basically embraced by the gamer society, the people who like gaming, so to speak.
And the barrel roll, they got it from some airplane game that was, I don't know what the name of the game was, but believe it or not, it was an airplane maneuver in this game, and they think it was a funny looking or a funny sounding word.
So they started utilizing this for prank calls and for things of that nature.
So that's really what a barrel roll is.
It's just kind of an airplane maneuver where you're kind of doing a spin in mid-air.
I know it's silly, it's stupid, but believe it or not, these kids have been calling me up for years doing this crap.
Your IQ drops 20 points just listening to yourself explain it.
It's ridiculous.
I mean, I'm telling you, it's all video game nonsense.
I can't believe it myself, man.
It's all in good fun.
I was going to ask you one more thing, and I've forgot now what it was.
Oh, I'm sorry.
I'm drawing a blank.
I'm sorry.
Well, that's what I wanted to know, and I wanted to call in and tell you, hey, and I'm a loyal fan now and love the show.
Keep it up.
Thank you very much, Debbie.
I really appreciate you listening in.
I know I see you often in the chat room.
And I want to thank you once again for listening in and telling others to listen in, too.
Absolutely.
You're coming out over my network right now, too.
I appreciate that, man.
Thanks a lot.
Thank you.
All right.
You take it easy there, Debbie.
All right?
I am.
Thanks, Ghost.
All right.
And we've got about five minutes left in the program, folks.
And once again, I want to thank everybody for tuning in with me in the broadcast live and in the archive.
Please add to your favorites and bookmark, blogtalkradio.com/slash ghost and spread it around like wildfire.
All right, please.
All right.
I beg of you, please do it for the people.
Do it for the people.
You know?
Also, follow me on Twitter.
You know, follow me on Twitter, man.
I mean, I'm losing Twitter followers as I tweet these little controversial tweets to people.
Like, you know, I tweeted this conservative bimbo that's trying to be the poor woman's Sarah Palin.
What the hell's her name?
SC Cup, whatever her fruity ass name is.
I tweeted her and told her, you know, she's a sorry excuse for Sarah Palin Bimbo wannabe.
And before you know it, three or four people dropped me from their following on my damn Twitter.
What the hell is that about?
I mean, good God.
But anyway, follow me on Twitter.
Ghost Politics is the name to follow.
All one word, no underscores, ghost politics.
And of course, the same name for my email.
I've been getting a lot of emails.
I want to thank people for emailing me up with comments and kind words and things of that nature.
I've been getting a lot of ass clown emails, too, from idiots that are calling me names and things that I don't appreciate.
But ghostpolitics at yahoo.com.
Email me up.
I'll be sure to read some of these emails soon enough.
All right.
So anyway, we got four minutes left in the program, folks.
Tomorrow is Thursday.
As far as the markets are concerned, I could start to say that we probably could see another flat day in the markets unless there's some major earnings or some more buyouts.
Earnings and buyouts is the only thing keeping these equities markets afloat.
But of course, I'm definitely bullish on commodities and definitely bullish on precious metals.
So keep that in mind, folks.
And once again, I'm long-term on GE.
I'm long-term on Intel.
And, you know, I know that people were giving me some crap today that Skechers went down about 25, 50 cents.
But hey, everything went down.
It was a downturn today in the market.
Don't you understand?
It's a hump day sell-off.
And remember, the earnings come out February 16th.
All right.
When the earnings come out, I feel, according to all economic indicators and all retail earnings up to this point, that we're going to see some positive earnings reports.
And, you know, I think there could be some pretty good gains.
No BS.
No BS.
Anyway, folks, I want to thank everybody.
I want to thank the new sponsor.
Once again, the new sponsor, EFAX.
Fax, anywhere, any place, anytime.
Give them a call right now.
All right.
877-851-2214.
All right.
That's 877-851-2214.
EFAX.
Turn your emails into faxes.
Turn your faxes into emails.
Get rid of the paper.
Get rid of all the damn ink.
And once again, I want to thank them for being the new sponsor of the show.
Don't forget, folks, every day, Monday through Friday, right here, blogtalkradio.com/slash ghost is the name of the show.
Spread it around like wildfire, folks.
I am out of here.
Once again, I want to thank everybody for tuning in with me tomorrow.
Same place, same time.
I hope to see you here.
Spread the word, and I'm out of here.
You've been listening to True Capitalist Radio.
The thoughts, views, ideas, comments, and opinions of the host of this show are absolutely his.
Catch more live episodes Monday through Friday from 3:30 to 6:30 Central.
Or check out archive shows at blogtalkradio.com.
True Capitalist Radio.
That's it.
Show Outro and Listener Thanks00:00:30
Boar's Head is bringing a slice of Japan to the deli.