June 10, 2021 - Timcast IRL - Tim Pool
02:09:47
| 
| Speaker | Time | Text |
|---|---|---|
|
unidentified
|
Hey, good news everybody. | |
| It's the Biden inflation crisis. | ||
| Yay! | ||
| Consumer price index is up 5%, which is higher than Wall Street expected, and it means the cost of your goods are going to go way up. | ||
| And the best part is, it doesn't include fuel and food, because bacon is up 19%. | ||
| Yeah, that should ring alarm bells for everybody. | ||
| At the same time, this story about BlackRock, this investment firm buying up all these houses, it's going viral. | ||
| This Twitter thread, it's got like 25,000 retweets, and I talked about it, and Ben Shapiro chimed in. | ||
| In defense of Black Rock, and conservatives, and leftists, and basically everybody was like, yo, Ben, you're wrong on this one. | ||
| But we'll take a look at what his argument is, because it comes from like a freedom, libertarian kind of perspective. | ||
| I personally disagree with his perspective, and we'll break all that down. | ||
| And we got just a bunch of stuff going on, man. | ||
| California is facing a mega drought. | ||
| This is going to exacerbate the cost of goods. | ||
| So, I hope you're ready. | ||
| They're rationing in California. | ||
| They're issuing rations now because the water is so low. | ||
| It's gonna get bad, and it may be worse than the last drought. | ||
| So, I guess that means your avocados are gone, and I don't know, humans don't eat alfalfa, but that means your cows won't be eating alfalfa. | ||
| Maybe they'll get corn-fed beef. | ||
| But I think things are going to start getting worse because when you have Joe Biden pumping six trillion dollars into the economy with a spending package, meanwhile, they're also paying people not to work. | ||
| Demand is being artificially increased, while supply is being artificially decreased, and that is just a recipe for an economic explosion. | ||
| Maybe it's on purpose. | ||
| Joining us today to talk about all this stuff, we got author Lee Smith. | ||
| You wrote The Permanent Coup. | ||
| That's right. | ||
| How's it going? | ||
| You want to just do a little brief introduction of yourself? | ||
| Yeah, well, first of all, it's great to be here. | ||
| Thanks very much. | ||
| A lot of fun. | ||
| Yeah, so I'm an author and that's my most recent book, The Permanent Coup. | ||
| And before that, I wrote a book in 2019 called The Plot Against the President. | ||
| True story of how Congressman Devin Nunes uncovered the biggest political scandal in US history. | ||
| And that was a book about Congressman Nunes' investigation into all of the Russia stuff. | ||
| And as it turns out, Donald Trump is not a Russian spy. | ||
| Really? | ||
| Yeah, surprisingly. | ||
| I hate to give away the ending of my book. | ||
| It's also a documentary movie, so I don't want to give away the ending, but I'll give a hint. | ||
| Donald Trump is not a Russian spy. | ||
| Yeah, it turns out in the news today, Donald Trump did not clear Lafayette of the protesters for a photo shoot. | ||
| That was fake news. | ||
| We knew it was fake news. | ||
| At the time it was reported, we were like, they had pre-scheduled the clearing of the protesters. | ||
| Yeah, it turns out that if you want to have a pretty good understanding of what happened during the four years of the Trump administration, you have to read everything in reverse. | ||
| You have to read everything backwards. | ||
| And that's really bad. | ||
| I mean, it's good news for making an investment. | ||
| You know, when the media comes out and they say something, just do the opposite. | ||
| It's like, you ever see that Seinfeld episode where George Costanza is like, I'm doing everything the opposite, and like, my life's great. | ||
| Just whatever he would normally do, he does totally different, and it works for him. | ||
| Because everything he does normally screws up. | ||
| That's where we're at right now. | ||
| Just the media says it. | ||
| Just the opposite must be true. | ||
| Absolutely. | ||
| You'd have done much better all throughout COVID and all throughout a lot of things if you just said like, well, if that's what The New York Times and The Washington Post and CNN is leading with, I'm going the other direction. | ||
| Because no sane person at this point would risk their own fate or the fate of their families on what's being reported in the press. | ||
| Yeah, right on. | ||
| We got we got you know, especially like don't buy a house. | ||
| I hear the media is not telling people it's not a good time to buy a house. | ||
| Yeah. | ||
| Bubble. | ||
| Yeah. | ||
| Bad time to buy a house. | ||
| Get my house. | ||
| Yeah. | ||
| Wait. | ||
| Meanwhile, the biggest investment firms are buying them up. | ||
| So if it was a bad time to buy a house, why are they buying houses? | ||
| I'm so glad we're talking about BlackRock. | ||
| They've been on my radar for about eight months. | ||
| I started learning about them only within the last year. | ||
| And along with State Street and Vanguard, they're the, you know, one of the three top investment firms in the world. | ||
| So I'm also interested to see if State Street and Vanguard are getting in on this house buying spree. | ||
| Are they? | ||
| They are? | ||
|
unidentified
|
I don't know. | |
| I haven't been able to find anything, but I just started looking into it. | ||
| What's happening in the different cities? | ||
| New York, where I'm from originally, it makes me think about New York. | ||
| All the different people, I've heard some estimates, half a million people have left New York. | ||
| What's happening to all that real estate? | ||
| I mean, right? | ||
| We talk about how Bill de Blasio and Andrew Cuomo have run that city and have run that state into the ground. | ||
| For what? | ||
| Just because they're lunatics? | ||
| I believe they're lunatics, but is there something else going on? | ||
| Well, De Blasio publicly stated they want to buy up the property on pennies on the dollar and turn it into public housing. | ||
| Okay. | ||
| Well, there you go. | ||
| Right. | ||
| All right, we got Sarah Pachulis. | ||
| I am also here in the corner, and I'm very excited to learn that reading the news with a mirror held up to it is the way to go, because that's what I've been doing, and it's worked great for me. | ||
| I'm going to continue doing that. | ||
| Before we get started, my friends, we've got an awesome sponsor today. | ||
| We have StrongerBonesAndLife.com. | ||
| The link is in the description below. | ||
| It is Biotrust's Ageless Multicollagen. | ||
| This is the stuff you need for your joints, your hair, your skin, your nails. | ||
| And look, I know how old all you guys are who watch this show. | ||
| I know there's a decent amount of you who are starting to get a little bit older, around the same age as me. | ||
| I guess I'm 35. | ||
| And so this stuff's really important. | ||
| Ian's Ian, you're older than me. | ||
| You Gen X-er. | ||
| Why don't you slide me a little bit of that? | ||
| I'm going to put some in my coffee. | ||
| Ian's always putting a little bit in his coffee. | ||
|
unidentified
|
It's great. | |
| It doesn't clump. | ||
| It's got no flavor or odor. | ||
| It just blends right in. | ||
| It's actually kind of creamy. | ||
| So when we make smoothies, it kind of makes the smoothies almost taste like a milkshake. | ||
| It's fantastic. | ||
| It gives it a good consistency. | ||
| But if you want to take care of your joints and your bones and your skin, if you're one of our lovely lady audience members and you want to make sure your skin is supple and beautiful, you go to strongerbonesandlife.com and you will get 51% off while supplies last. | ||
| They got a bunch of other stuff you got to know. | ||
| They got a 60-day money-back guarantee. | ||
| The healthy aging support of collagen in an ideal form. | ||
| It's the five key types of collagen you need from four different sources. | ||
| For every order today, they will donate a nutritious meal to a hungry child in your honor. | ||
| Through their partnership with NoKidHungry.org to date, Biotrust has provided over 4.4 million meals to hungry kids. | ||
| Please help Biotrust hit their goal of 5 million meals this year. | ||
| It is non-GMO and free of artificial colors, flavors, preservatives, and sweeteners, and free of gluten, antibiotics, and RBGH and RBST. | ||
| No odor or taste, unlike bone broth and other collagen supplements. | ||
| No clumping, unlike other supplements. | ||
| You get free shipping with every order. | ||
| Free VIP live health and fitness coaching from BioTrust's team of expert nutrition and health coaches for life with every order. | ||
| That right there sounds like it makes it worth it, to be honest. | ||
| Free new e-report, 14 foods for amazing skin with every order. | ||
| So again, go to strongerbonesandlife.com, check it out, get 51% off. | ||
| Seriously, thank you guys, BioTrust, for sponsoring the show. | ||
| We seriously are grateful for your support. | ||
| But don't forget, Go to TimCast.com. | ||
| Become a member because we'll have a bonus segment for members only coming up later tonight. | ||
| But your membership doesn't just get you access to the members only area. | ||
| Those funds, that money that goes into the business, we're starting a newsroom. | ||
| We've got some new prospects for the newsroom joining soon. | ||
| We are going to be sending people on the ground into these protests, into these riots. | ||
| We're going to be sending people to the border and even other countries, assuming you can, whatever's going on. | ||
| But we're going to need some real field reporting. | ||
| We're going to need some real fact checkers. | ||
| And that's what your membership is helping to support. | ||
| So again, TimCast.com. | ||
| Check out the members-only segment coming up later tonight. | ||
| Let's jump into this first story. | ||
| You may have seen the news I covered a little bit earlier today. | ||
| Consumer prices jumped 5% in May at the fastest, this is the fastest pace since the summer of 2008, just before the market went They say headline consumer prices rose 5% year-over-year in May, the fastest pace since August 2008, and higher than Wall Street expectations. | ||
| The 3.8% rise in the core inflation rate, which excludes foods and energy prices, was the sharpest increase in nearly three decades. | ||
| Surging used car prices helped drive much of the inflation gains. | ||
| Initial jobless claims totaled $376,000, a touch higher than the estimate. | ||
| I don't know exactly what's going to happen. | ||
| You got a bunch of weird articles and you can't really believe the news. | ||
| This is an official number. | ||
| Maybe it's lower. | ||
| Maybe the number's a lot higher. | ||
| We had Max Keiser on the show. | ||
| Many of you are probably familiar with Max. | ||
| He's the Orange Pill podcast guy and he's very, very bullish on Bitcoin. | ||
| He said the inflation rate's probably closer to 10 or 15% but the Fed's not going to tell you. | ||
| The government's not going to let you know because that would disrupt a whole bunch of the system. | ||
| Interest rates, social security payouts. | ||
| So they're going to try and say it's as low as possible. | ||
| Do we trust the mainstream media? | ||
| After everything I've seen in the past five years? | ||
| No. | ||
| How do I know this article about the Consumer Price Index is even real? | ||
| Maybe there is no Consumer Price Index. | ||
| I don't even know what to believe at this point. | ||
| But we do this other article which I found interesting. | ||
| This is an op-ed from the Seattle Times. | ||
| Don't ignore the warnings of an imminent market crash. | ||
| This guy says, Harry S. Denton Jr. | ||
| has been a soothsayer of sadness and gloom for ages now, and has spent a lot of time on the wrong side of the record bull market recovery since the financial crisis of 2008. | ||
| Currently, he is calling for the stock market to crash with lightning speed, potentially starting within the next six weeks. | ||
| Now, I don't know if that's true. | ||
| It sounds a bit outlandish. | ||
| It's probably one of the more... | ||
| I guess, doomsaying stories that are out there. | ||
| Because if you read mainstream media, they're telling everybody it's all gonna be okay. | ||
| They're like, oh yeah, it's just, you know, demand hasn't caught up to supply yet, and once it does, it's gonna be a big boom for everybody. | ||
| But, uh, something doesn't feel right. | ||
| It feels... | ||
| Just like I wasn't there, but right before the Great Depression, 1920, it just this I was studying it. | ||
| It's like this is what happened. | ||
| The inflation starts in it. | ||
| The crash is like a three month process or of several. | ||
| It's a multi month. | ||
| It doesn't just happen in three days. | ||
| And so we're probably in the middle of it right now. | ||
| That's why we're seeing 15 percent inflation across the board. | ||
| How many people have been following the GameStop AMC stock? | ||
| Now, I think there's a potential danger there. | ||
| Of course, they're saying it's going to be a big short sell. | ||
| Everyone's going to make a ton of money. | ||
| I have some AMC stock, so we'll see. | ||
| But I don't have a lot of risk. | ||
| I'm not exposed all that much. | ||
| I don't have that much money. | ||
| A little bit of AMC stock, not a whole lot. | ||
| And a lot of people are leveraging hard for these meme stocks. | ||
| And, you know, Ian's saying it's a lot like the Great Depression. | ||
| Yes. | ||
| What happens when a bunch of working-class people put tons of money into, say, like, Dogecoin or something, or these meme stocks, and they leverage hard against it? | ||
| So you've got... Some people have said they've leveraged all their assets and their credit lines to buy, like, a hundred K in AMC because they know it's gonna go up. | ||
| What happens when that pops? | ||
| What if there is a market crash in six weeks? | ||
| Is that what's happening, you think? | ||
| I mean, is that... | ||
| You think people are getting... I mean, I remember before there was some concern and not knowing enough about the market. | ||
| There was some concern, it seemed legitimate, that some people might be getting lured into this unwittingly. | ||
| Do you think that some of that's been happening? | ||
| You know, I don't know. | ||
| I'm bullish on crypto. | ||
| And I'll tell you this, if you look at the market pre-2008 crash, the people who held on to their assets for dear life, They made out like bandits. | ||
| Right. | ||
| The market recovered and boom, they're back up. | ||
| But a lot of people, you know, I hear these stories. | ||
| I was not alive during the Great Depression and believe it or not, I'm only 35. | ||
| But the stories I heard was that people were making all this money in the stock market. | ||
| And so once they saw how everyone else was getting rich, they started buying on margin. | ||
| They started, you know, leveraging their assets and credits to buy all the stock. | ||
| And then when it dropped, they were like, my life is over. | ||
| So what if that's happening now? | ||
| What if these people think? | ||
| And I don't want to be bearish on these things. | ||
| Look, I bought AMC. | ||
| I'm actually of the opinion it's probably going to go up and it's the hedge funds that are going to eat it. | ||
| But if the hedge funds eat it and they get a bailout, I mean, there's going to be a massive wave of something that hits everybody. | ||
| Well, I think this comes back to what you were talking about before with the houses and real estate. | ||
| I think that people, even though they're trying to warn people, don't worry about anything. | ||
| People see the signs. | ||
| People see what's happening with inflation and what are people doing. | ||
| People want to buy houses, even though they understand that with inflation, the value is going to take a hit, but that's something that's long-term. | ||
| And I hear people all the time, friends, not necessarily finance professionals, saying put your money in something real that's going to last. | ||
| We know different commodities like artwork, even things I hear people talking about, not just Bitcoin, baseball cards, things like that. | ||
| NFTs, see those NFTs? | ||
| Non-fungible tokens. | ||
| Oh, right, right. | ||
| People are spending ridiculous amounts of money on nonsense. | ||
| So I gotta I gotta wonder, man, if you got a bunch of young people right now. | ||
| So I mean, I think about this, like, who are these people who are who are the retail investors that are investing heavily in crypto and these meme stocks? | ||
| And what if what if there is a market crash? | ||
| I mean, we're looking at consumer prices skyrocketing. | ||
| People are worried about the dollar. | ||
| I don't know. | ||
| I don't know. | ||
| It's the margin. | ||
| It's the margins that make me nervous. | ||
| So I bought a bunch of crypto, Ethereum, and then I took out a loan to buy more Ethereum, basically a margin on margin with my own crypto. | ||
| And so the Ethereum went from like $1,100 to $800 value. | ||
| And they were like, margin call, if this goes to $700, we're gonna have to sell all your Ethereum and pay back the loan that you took out. | ||
| And I started to sweat. | ||
| It went back up as I had anticipated and I was lucky and I just, I just cleared my margin. | ||
| I can't, I'm not sitting on a margin right now. | ||
| Like, yeah, if it, if the economy crashes, it will recover. | ||
| So if you're holding assets, you'll be, they'll still recover. | ||
| But if you're holding on margin and they do a call and then they take everything from you. | ||
| That's the problem. | ||
| And I can't give advice, but that's what I did was I cleared my margins. | ||
| It's creepy. | ||
| I don't know. | ||
| I mean, maybe the meme stocks are just going to skyrocket. | ||
| But it's beyond all this. | ||
| It's not just, you know, the crypto and stuff. | ||
| It's Joe Biden. | ||
| You know, they're still doing this $300 a week unemployment stimulus thing. | ||
| But I think around like 30 states or so have like now canceled it. | ||
| Right. | ||
| Because people got to get back to work. | ||
| A lot of the red states are trying to block this, get people back to work. | ||
| In the state we're in now, South Carolina, the governor has at least tried to put his foot down, and I think that's happening in other red states too. | ||
| People are concerned about it. | ||
| How are we going to get Americans back to work? | ||
| Because you can see it also undermining local and state economies as well. | ||
| It's really dangerous. | ||
| Yeah, I have to wonder. | ||
| When you look at some of these charts, there's a vaccination chart we talked about a couple times. | ||
| NPR put it out. | ||
| The states with the highest rate of vaccination are all blue. | ||
| The state with the lowest vaccination are all red. | ||
| The only states that defy that anomaly are the states that, you know, Trump and Trump supporters are contesting for the, you know, in the election, which is also, you know, just kind of a funny thing to point out. | ||
| But I have to wonder, you know, the red states are clearly defiant to the blue states. | ||
| The blue states want hard lockdowns, they want command economy, they want total economic control. | ||
| At what point do the red states just say no? | ||
| Because with Texas and Florida reopening and banning vaccine passports, clearly they're telling Biden to go shove it. | ||
| But I mean, can this keep up for the next few years? | ||
| What happens when, you know, as I pointed this out the other day, if someone who lives in Texas can't go to Washington because they have vaccine passports, right? | ||
| So I just bring that up in the context of, you know, where we're at economically and how, what did we see before COVID? | ||
| These blue states were in massive debt. | ||
|
unidentified
|
Yeah. | |
| Yeah, it's reparations, in a sense. | ||
| spiraling and then all of a sudden we get COVID. Then as soon as Joe Biden gets in, he starts handing out all the | ||
| cash, which is a tax on people in those red states, taking the money from the middle class, devaluing their currency | ||
| and their savings account. Yeah, it's reparations and in a sense, but to the wealthy blue states, right? No, it's | ||
| brutal because also it's it's there's also it's it's not just political payoff, right? | ||
| You're hurting also your enemies, right? | ||
| You're taking the money from red states and handing it off to blue states. | ||
| And why? | ||
| Because even though that you destroyed your city, even though you were part of rioting last spring and summer and you tore your city to shreds, don't worry, Joe Biden's got the bill. | ||
| Don't worry, you can keep this all closed. | ||
| Don't worry, people don't have to work because Uncle Joe's covering it. | ||
| Yeah, it was basically like, let them burn everything down, blame it on Trump, and then Joe Biden will cover the debts. | ||
| Absolutely. | ||
| They sacrificed the people of this country for political gain. | ||
| So, how long until the red states are just like, nah, ain't doing it. | ||
| I mean, I don't know. | ||
| What's happening now? | ||
| I mean, it's interesting. | ||
| Are people saying, are people saying, yeah, just, you know, if you're going to come here, you know, if you're going to come here, behave yourself. | ||
| If you're going to come to the red states, if you're going to come to Florida, I mean, what, Florida's still getting, they must still be getting maybe more, a thousand, a thousand new residents a day. | ||
| So who's going down there? | ||
| And in Texas, the rumor is you can't buy a house from anywhere. | ||
| Everyone's just desperately trying to buy everything up in Texas. | ||
|
unidentified
|
Fine. | |
| But I think about the conundrum here is that, you know, Washington, New York, they're starting to | ||
| increase the vaccine passport things. They're putting restrictions on who can come there | ||
| while Texas and Florida are doing the opposite. That means these blue states will be able to | ||
| reap the benefits and the rewards of the labor of these red states, not the other way around. | ||
| We're getting to this dangerous point where, I mean, we're really close to neo-feudalism. | ||
| Do people want to go? | ||
| I mean, it's the people. | ||
| Do people want to go to New York? | ||
| Right. | ||
| When you're saying I can't go to New York unless I have a covid passport, I said, OK, I won't go to New York. | ||
| What if you work for American Airlines out of Dallas Fort Worth? | ||
| That's bad. | ||
| Right. | ||
| And you fly into you got to fly in for a meeting. | ||
| They say, OK, so we got a, you know, senior VP in Dallas. | ||
| Hey, we got a meeting with, you know, someone from the New York, you know, JFK administration or whatever, Port Authority. | ||
| You can't go, sorry. | ||
| It might be an exciting time in the country, politically, where the states start reasserting what they're about, and you have, therefore, you have the governor of Texas and others saying, stepping up for American Airlines, if that's the way it's gonna go, stepping up and saying, we're looking out for our business as well, and we understand, and here's how we're gonna push back against New York. | ||
| If New York tries to hurt our business, Our business people, we're going to push back on them in this way. | ||
| But I think the problem is, it's always going to favor those who are the most stubborn in terms of the negotiation, right? | ||
| So if New York says, look, the people of New York demand the Excelsior pass, if you want to come here and go into this building, you need your pass. | ||
| And then Texas can complain all they want, and New York will be like, look, you want business from us? | ||
| What are you gonna do about it? | ||
| The issue is, you've got stubborn New York making a demand, and you've got more libertarian, or libertarian-esque Dallas-Fort Worth, you know, people saying, fine, we'll just do it, it's easier, and we get the deal done. | ||
| So the pressure from the stubborn states will work on those who are less concerned about some of these issues. | ||
| It's easier in some ways if Texas voters, for instance, I mean, this is, you know, for instance, if Texas voters say, if you make that deal, you're in big trouble. | ||
| If the governor makes that deal and is going to force us to conduct our business... No, no, I don't mean that. | ||
| I mean, American Airlines employee. | ||
| Right. | ||
| He's got a meeting in New York with some big company for food or something. | ||
| New York says, you must be vaccinated. | ||
| You must have your Excelsior pass. | ||
| No one in Texas is going to force this guy to do it. | ||
| He just literally can't do the meeting. | ||
| Right. | ||
| And so what will happen is the employees at American Airlines will just choose to abide by New York law. | ||
| Yeah, this is a big thing. | ||
| That's going to compel different people. | ||
| If their living depends on whether or not they have to get the shot, maybe there will be different consortiums of states. | ||
| Maybe Texas and Florida and Idaho will find some way to team together and break some of the coastal powers. | ||
|
unidentified
|
Maybe. | |
| I just think everyone takes the path of least resistance. | ||
| Or most people do. | ||
| So long as New York puts these heavy pressures on people, if they want money and access, they'll just give in to whatever New York wants. | ||
| Or Washington, or whatever state they gotta operate in. | ||
| It can be relaxed in New York, but they will just set the standard for the most difficult. | ||
| So my concern at this point is, maybe you're right, maybe a bunch of states form regional compacts. | ||
| Aren't we just talking about states aligning against states? | ||
|
unidentified
|
Yeah. | |
| I mean, we saw that in 2020. | ||
| Yeah. | ||
| 48 states were involved in lawsuits against each other. | ||
| Right. | ||
| That was crazy. | ||
|
unidentified
|
Yeah. | |
| Right. | ||
| That's what it's, in a sense, it's kind of an interesting time. | ||
| May you live in interesting times. | ||
| Yeah. | ||
| Well, I don't want it to be that interesting, of course. | ||
| You know, but I mean, look, if we talk all the time about how dire things are, how drastic things are, what kind of times, what kind of interesting times we're living in, then the very least people are gonna have to stand up and say, like, you know what? | ||
| I don't know. | ||
| I'm gonna have to make a decision. | ||
| Do I want to get this shot to be able to do business in New York? | ||
| Or how do I get around this? | ||
| Or what are the different compacts I'm going to make with colleagues, with political powers? | ||
| How are we going to push back on this? | ||
| I think a lot of what we're seeing with the artificial inflation of demand and the suppression of supply feels like the Great Reset. | ||
| You're familiar with the Great Reset and all that? | ||
| It's mass social conditioning where if you abruptly come out like Bloomberg, you know, Michael Bloomberg in New York City wanted to tax sodas or whatever, and he was like, we should tax the poor because they're too stupid. | ||
| If you come out right away and prohibit something, people will revolt. | ||
| You've taken something from them. | ||
| But if you just, It's not available! | ||
| And then over a couple of weeks, people break their routines, and within a month, nobody cares anymore. | ||
| They forget about whatever that was. | ||
| You can mass socially engineer people by shutting down the supply for certain things. | ||
| So, you get people, as many people as possible, not to work, you limit the amount of stuff, wait a month, and then people won't be looking for stuff. | ||
| They'll be completely over it. | ||
| So it feels like, with that and with the housing market stuff, it's very much a, you will own nothing, and you will be happy. | ||
|
unidentified
|
Right. | |
| We'll see when we come to a limit. | ||
| I mean, there's a writer I like very much whose name is Lee Harris. | ||
| We share a first name. | ||
| And the argument that he makes is that a lot of American freedom, what a lot of American freedom is about is about American stubbornness. | ||
| It's not necessarily people saying all the time, I have these wonderful high ideals. | ||
| I have these marvelous principles I must live by. | ||
| It's more like, you can't tell me to do that. | ||
| I'm just not gonna do it. | ||
| Right? | ||
| I think we saw in the past year that more than half the country will just do that. | ||
| Yeah. | ||
| Absolutely. | ||
| I had last night, I had kind of a reckoning where I was, I saw some image of like, if you don't have, if you're not vaccinated, you don't have a vaccine card, you can't come in like to a restaurant somewhere, some picture on Twitter. | ||
| And I just resigned myself to all the things that I'll never be able to do. | ||
| And I'm okay with it. | ||
| Maybe I'll never go to Europe. | ||
| Maybe I'll never travel around Asia. | ||
| Maybe I'll never go back to New York city. | ||
| This was a European restaurant. | ||
| I don't know. | ||
| It was just a picture. | ||
| It was in English. | ||
| The sign was, I imagined it was New York city. | ||
| I don't know for sure, but you know, sad, but whatever. | ||
| I'm stubborn. | ||
| Right. | ||
| They're doing vaccine segregation in a lot of these places. | ||
| It's not outright banning. | ||
| Well, a lot of these places, I mean, if you're talking about restaurants in New York, I mean, New York is not in great shape. | ||
| When you think about what's going to happen, what will the power of New York look like? | ||
| Will New York have the power to set the agenda like that? | ||
| A lot of commercial real estate is Commercial real estate in New York, I assume, is in really bad shape right now. | ||
| Why? | ||
| Because people have figured out, after three decades of talking about telecommuting, people have actually telecommuted, right? | ||
| They defunded the police. | ||
| They let rioters run wild in the streets of New York. | ||
| Without the commercial real estate, how many restaurants are you going to have? | ||
| So how many restaurants are going to be able to afford, say, unless you have that vaccine, you can't come in here? | ||
| They'll be like, please come in. | ||
| We'll sit you at a nice table right here. | ||
| Depends on how much of a Karen people of New York are. | ||
| Because if you get, it's really about the demand. | ||
| If people in New York are just like, you, we're not conservatives, we're not Republicans, why aren't you testing for vaccines? | ||
| Vice.com said, you know, we have vaccine passports, why aren't we using them? | ||
| We should be mandated. | ||
| People in New York are going to be demanding. | ||
| What I'm worried is they'll go to a cafe and they'll open the door and go, excuse me, I could not but notice you don't have any vax testing or Excelsior pass. | ||
| No, we don't do it here. | ||
| I'm not going here. | ||
| That's unsafe. | ||
| And then, oh, no, no, no, no. | ||
| We'll do it. | ||
| We'll do it. | ||
| We'll implement that. | ||
| I don't know. | ||
| What are the chances? | ||
| New Yorkers like to pride themselves on being very tough and hardy. | ||
| So what are the chances are people going to say like, well, we're going to open up the, we're going to open up the fireman's bar where people come in here. | ||
| You know, we've got a couple of firemen and firemen and cops who own this bar. | ||
| And believe me, you don't have to wear a mask to get in here. | ||
| Some people don't even wear pants to get in here. | ||
| So welcome. | ||
| Come on in. | ||
| I guess it just depends on, you know, you look at the conformity of the modern left, and it's also because, um, it's also people who are more likely to be conservative, or at least they were liberals who became disaffected, they left these places. | ||
|
unidentified
|
Yeah. | |
| They leave New York, they leave LA, they leave Chicago. | ||
| And so the people who remain are the culty, fallen line, you know, do whatever they're told. | ||
| A lot of them, though, they've moved out to places like Connecticut, or they've moved out to Long Island, or they're just hiding in their apartments. | ||
| They're not going out at all. | ||
| They're barely going out at all. | ||
| If you look at everything that happened last year, it's very much a restriction on supply and forcing people to move out of cities. | ||
| It's amazing. | ||
| I mean, you have this great reset from the World Economic Forum where it says in 10 years you will own nothing, you'll be happy. | ||
| Then you get all these, you should eat the bugs articles. | ||
| You don't want to buy a house, don't buy a house. | ||
| Just be a renter for the rest of your life and don't have a family, don't have kids. | ||
| Yeah. | ||
| The Bugs articles, actually I kind of get a kick out of that. | ||
| Because it just seems so absurd and it seems so over the top. | ||
| I read those Bugs articles and I think that they're actually gooning the tech guys. | ||
| Because a lot of those guys in Silicon Valley are so hyped up on hygiene. | ||
| Whenever I read those articles, I imagine they're actually talking to Bill Gates. | ||
| Bill Gates is grossed out by beef. | ||
| What is he thinking about eating cicadas? | ||
| So, actually, I get a kick out of those pieces. | ||
| Yeah, but, you know, when the Great Reset... I mean, it's happening now. | ||
| When they take away the beef, I shouldn't say take it away, because I don't think they're going to ban beef. | ||
| I think what's going to happen is we're already facing beef and chicken shortages. | ||
| It's just becoming economically difficult to perform for whatever reason, be it regulatory or otherwise. | ||
| Well, I assure you, like, have you seen the movie V for Vendetta? | ||
| Oh yeah, sure. | ||
| When Natalie Portman's in V's headquarters and she's like, is this real butter? | ||
| And he's like, yes. | ||
| It's like, where did you get it? | ||
| And he goes from Chancellor Sutler's, you know, private train carriage or whatever. | ||
| Yeah, the elites, they're going to have the sweetest, juiciest, grass-fed filet mignon, and you're going to be eating cell-grown, fatless ground chuck. | ||
| Is it in Soylent Green, or is it in one of the Planet of the Apes movies, where Charlton Heston comes upon a beautiful strawberry? | ||
| And then it's just a single strawberry. | ||
| Yeah, right. | ||
| But that's Planet of the Apes then, right? | ||
| Because Heston was in Planet of the Apes? | ||
| Yeah, he was also in Soil and Grain, though. | ||
| Remember that? | ||
| That's right. | ||
| I've never seen it. | ||
|
unidentified
|
It's fantastic. | |
| And he's got the great scene at the end of Planets. | ||
| Was the movie called Soil and Grain? | ||
| I think, yeah. | ||
| Yeah, sure. | ||
|
unidentified
|
What's that? | |
| The movie was called Soil and Grain? | ||
| Edward G. Robinson. | ||
| Oh, yeah. | ||
|
unidentified
|
It's so long ago. | |
| I haven't seen it. | ||
| Oh, yeah. | ||
| It's big, especially now. | ||
| People talk freaking out about beef. | ||
| And, you know, it's a great fun movie. | ||
| Do you hear Starbucks is having shortages of, like, lids, cups, syrups, apples? | ||
| For what? | ||
| There's mass shortages across the board. | ||
| I'll tell you, I saw this story today. | ||
| It said Starbucks facing shortages across the nation. | ||
| And I was like, you know what? | ||
| I'm going to brag, because if you've been watching this show, I've been warning about the shortages that are coming. | ||
| So a month ago or longer, maybe even two months ago, I was like, hey, something really weird's happening. | ||
| There's meat shortages, but it's only being reported in local markets. | ||
| Like, you look at Omaha local news and they're like, hey, we got no meat. | ||
| But nationally, no one's saying anything about it. | ||
| All of a sudden, now the stories are trying to pop up. | ||
| Chicken and beef shortages. | ||
| Starbucks' shortage of plastic goods, cups, lids. | ||
| They're saying people are coming into Starbucks, they can't get their favorite drinks, there's no mocha. | ||
| Someone sent me a photo from a Starbucks in the DC area, and it's just like, there's like a list on the door saying like, we're out of these things, and it's just like, nothing. | ||
| They have nothing, they have coffee. | ||
| Yeah. | ||
| It's a great beginning to like a zombie apocalypse. | ||
| There's no plastic. | ||
| I can't get my mocha. | ||
| Well, here's something I was really surprised about. | ||
| Today I picked up some gum at the airport coming in and there was a sign at the cashiers, and maybe you guys have heard of this. | ||
| I have not. | ||
| There is now a national coin shortage. | ||
| Did you know that? | ||
| Yeah, it's been going on for a year. | ||
| Oh, it is? | ||
| And I just heard about it. | ||
|
unidentified
|
Wow. | |
| That's really weird stuff happening. | ||
| Really? | ||
| How does that happen? | ||
| What is the explanation for the national coin shortage? | ||
| They probably want to make ammo. | ||
| Maybe they're pulling the copper off the pennies. | ||
| Although they're mostly zinc carving. | ||
| For a jacket? | ||
| Copper jacket? | ||
| I don't know. | ||
| I think what's in nickel is zinc and nickel, I think. | ||
| I think they don't use copper anymore, you know, because it's too valuable. | ||
| Yeah. | ||
| Now they're using zinc and other zinc. | ||
| Most nickels are like 95 percent zinc and they're coated in nickel now. | ||
| They used to be pure nickel. | ||
| But a shortage. | ||
| I mean, this is just bizarre. | ||
| I came up with people just not using cash. | ||
| And I was like, yeah, people are ordering everything. | ||
| I know. | ||
| I've seen that, too. | ||
| People aren't people freak out now. | ||
| People freak out sometimes in your hand. | ||
|
unidentified
|
Right. | |
| Dirty. | ||
| Oh, my God. | ||
| Whether whether it's intentional or not, it's very much a massive societal transformation. | ||
| You know, so it could just be, oh, you know, geez, you know, this pandemic happened, and then all of a sudden, this, you know, these big shifts cause massive societal change. | ||
| It's interesting when you read about the Great Reset, they talk about the conspiracy theory of it, and I can't figure out what they're accusing of being a conspiracy theory. | ||
| So if you look up the Wikipedia page for the Great Reset, it's like, the Great Reset is a proposal from the World Economic Forum and international, you know, interests that are advocating for a reset of global capitalism, to change the behaviors of people, and yadda yadda, instill a more stakeholder-focused view of the world, and, you know, save the planet, there's a big list of things they want. | ||
| And then it says, a section says, conspiracy theory. | ||
| But it doesn't actually say what's a conspiracy about it. | ||
| It's like, many people on the far right claim there's a conspiracy theory. | ||
| And I'm like, okay, if you just told me There's literally wealthy elites, the Davos group, advocating for these things that are literally happening. | ||
| I'm not sure what you're accusing of being the conspiracy theory in this. | ||
| I don't know where that's at. | ||
| It's like, this is literally a thing. | ||
| Now, I guess the conspiracy theory is that they faked COVID or whatever, which I don't think. | ||
| That's ridiculous. | ||
| I think we're learning now with Lab League stuff, it seems like a big screw-up on their part, on the part of the Wuhan lab and Fauci's funding and all that stuff. | ||
| But they're certainly exploiting the crisis for some kind of great reset. | ||
| Yes, absolutely. | ||
| Having some experiences being called a conspiracy theorist, having reported on the having reported on Russiagate and having reported what really happened that the FBI The FBI spied on, you know, spied on Donald Trump that this is what was going on. | ||
| Donald Trump is not a Russian agent, is not a Russian spy. | ||
| Yeah, basically whatever they're using, whenever they're using the label conspiracy theorist, they're using it to smear someone. | ||
| I want to make a correction about the pennies and nickels. | ||
| Pennies are made of zinc, coated with copper. | ||
| Nickels are made of a 75% copper, 25% nickel alloy. | ||
| is a lunatic. It needs to be dismissed. | ||
| I want to make a correction about the pennies and nickels. | ||
| Pennies are made of zinc coated with copper. | ||
| Nickels are made of a 75% copper, 25% nickel alloy. | ||
| So that's a lot of copper. | ||
| Aren't they worth more in copper than they are in nickels now? | ||
| Like as currency? | ||
| Sounds right. | ||
| Maybe that's why there's a coin? | ||
|
unidentified
|
Probably. | |
| That's right. | ||
| They've got to figure it out. | ||
| I mean, that's always been, I think, I think, uh, yeah, that the metals are worth more than the pennies themselves. | ||
| I was reading that. | ||
| I don't know. | ||
| What's the... | ||
| What's copper? | ||
| What copper's currently at? | ||
| I don't know. | ||
| I think I was reading somewhere a few years ago, it was like a nickel's copper- a nickel, which is the coin, has a certain amount of copper, which is worth like 7.5 cents. | ||
|
unidentified
|
What? | |
| Or like 7 cents, but the nickel itself is only worth 5, so... It's illegal to do this, my understanding. | ||
| Yeah, it's worth about 7 cents, a nickel. | ||
| That's what it says. | ||
| That's what this says. | ||
| A nickel's metal is worth 7 cents. | ||
| How interesting. | ||
|
unidentified
|
Wow. | |
| Is that what it says? | ||
| Yeah. | ||
| According to coins.fund, thefundtimesguide.com. | ||
| I've never heard of it, but yeah. | ||
| When was the last time anyone's held a nickel, to be honest? | ||
| I haven't really. | ||
| I haven't in a little while. | ||
| Yeah, it's been a few years. | ||
| My son just got a piggy bank with seven pennies. | ||
| It was the only seven pennies in the house. | ||
|
unidentified
|
No, no, no. | |
| It's only it's only been about eight months. | ||
| I have a bag of change for my piggy bank. | ||
| Well, this is a way to keep up with inflation if we can just start treating those coins as seven cents worth. | ||
| They don't have to be worth 5 cents. | ||
| That's why they wore metal. | ||
| But it just changed the value of the coins. | ||
| Used to be nickel. | ||
| A quarter gives you 30 cents, a nickel gives you 7. | ||
| Used to be silver. | ||
| You can buy bags of old silver American currency and it's worth way more. | ||
| That's a really weird thing. | ||
| I was reading stories about how people would seek out specific nickels, melt them down. | ||
| Get the cop around, you make money. | ||
| Sounds like they are doing that. | ||
| Think about what that means. | ||
| Again, I'm pretty sure it's illegal so you don't do this. | ||
| But you could go to a bank and be like, I would like all of your nickels. | ||
| I just need nickels. | ||
| It's an arcade machine I got back home. | ||
| So here's a hundred bucks. | ||
| Give me the nickels. | ||
| And then you get two cents per nickel. | ||
| Yeah, I think it is illegal to destroy currency. | ||
| It's federal property. | ||
| On purpose. | ||
| Well, then I've got a different idea, kind of a variation on this. | ||
| You know, in Washington, D.C., they charge you five cents at the cashier if you want a bag. | ||
| That's why a lot of people take their own bags from home. | ||
| But I figured I would I would set up a little stand in front of a lot of the major supermarkets selling plastic bags for three cents. | ||
| Undercut them and basically wipe out giant and stuff like that. | ||
| Three cents. | ||
|
unidentified
|
Yeah. | |
| Three cents. | ||
| You need a bag. | ||
| That's right. | ||
| They got a bag for three cents. | ||
| You need an umbrella, too. | ||
| This sounds similar to the book that you're working on. | ||
| A lot of the stuff you're studying about. | ||
| I wonder, have you studied The Global Reset? | ||
| The Great Reset? | ||
| Through different. | ||
| Again, my my main focus the last couple of years has been the corruption of our elites. | ||
| So, yes, absolutely. | ||
| The way that our elites have been targeting have been targeting the American public. | ||
| Absolutely. | ||
| This is this is definitely an important aspect of this. | ||
| Have you been able to track any connections to any of that stuff? | ||
| What I would say is, again, my main interest right now is looking in particular at our | ||
| elites in China. | ||
| So if we're talking about different combinations, in a sense the Chinese Communist Party is the platform for the global realignment. | ||
| If you're talking about the Great Reset, the Chinese, that's why it was very important to get the Chinese into the World Trade Organization in 2001. | ||
| That's why it was very important for the Clinton administration in 1994 to de-link human rights from trade. | ||
| And I want to make clear, while I think that the way the Chinese government, the Chinese Communist Party, treats its own citizens is something that we should be paying attention to, our main focus as Americans and our leaders should be on American human rights and how Americans are treated. | ||
| My point, however, is when you saw, and this was bipartisan, it wasn't just Bill Clinton. | ||
| Remember, this started with Henry Kissinger, right? | ||
| It started with Kissinger reaching out to China, the opening there. | ||
| So yes, I think we've seen steady progress starting, certainly exaggerated, in 1994. | ||
| I think that our elites, basically American elites specifically, gave up on American democracy. | ||
| And this was the deal they made. | ||
| China happened to be the great power with an enormous cheap labor force. | ||
| But absolutely, this is what's been going on. | ||
| It's not by accident. | ||
| It's purposeful, right? | ||
| And you go back and you look at the different reports from the period. | ||
| If you see what's still happening now, right? | ||
| No one is embarrassed at this point. | ||
| When they talk about the Great Reset as a conspiracy theory, no one is embarrassed to say these different things. | ||
| Joe Biden wasn't embarrassed. | ||
| It's amazing. | ||
| first day in office to get rid of the Keystone Pipeline. | ||
| None of them are embarrassed about it, how much this is gonna hurt the American people. | ||
| They're all very upfront about it, they don't care. | ||
| It's amazing, I mean, this past election was the country itself versus subversion of the country. | ||
| You had people genuinely convinced Trump was the subversion when Trump was actually the pro-America guy. | ||
| Joe Biden is the very much, I could care less about Americans. | ||
| Kamala Harris, I could care less about Americans. | ||
| They don't care at all. | ||
| Right. | ||
| The language, one of the most important things I think that's happened as part of the political and part of the spiritual and part of the intellectual moves against us, The way that the language has changed, right? | ||
| I know that this is something that you guys are interested in, which is fascinating to me. | ||
| The idea of left and right, liberal and conservative, how these things have flipped around. | ||
| Well, I'm sorry, how is it a liberal or a left-wing value to start siding with what the FBI is doing to American citizens? | ||
| Since when is that a left-wing value? | ||
| Since when is it a liberal value to think That immigration, mass illegal immigration that is designed to hurt American working people, including Latinos, right? | ||
| That this is a liberal thing. | ||
| Just let people in here and we're going to drive the prices down and we're going to hurt American workers. | ||
| How is that a liberal thing? | ||
| None of these things are liberal. | ||
| It's one of the greatest de-radicalizations in the history of this country. | ||
| I mean, I know tons of hackers, former anonymous individuals, you know, the Anonymous Hacking Group and Antifa, who are posting on Facebook celebrating the FBI. | ||
| And I, you know, I commented to them like, just, I'm glad to hear that you guys have finally come to your senses and you respect the federal government and you're in line with law enforcement. | ||
| How did this happen? | ||
| How did it happen? | ||
| I mean, what do they say? | ||
| They just say, yeah, well, Trump's a fascist, so it's good. | ||
| And I was like, yeah, yeah, support the federal government when they go after your political enemies. | ||
| I've been telling you this, right? | ||
| You support when the FBI goes after political dissidents. | ||
| It's fantastic. | ||
| I want to talk about this BlackRock thing, because Ben Shapiro has made this statement. | ||
| Basically defending BlackRock. | ||
| And before we get into specifics of Ben Shapiro's statement, I'll pull up his tweet. | ||
| I believe they have it, I guess they don't have Ben Shapiro's? | ||
| How do they not? | ||
| That's like a weird thing to do. | ||
| Anyway, but we'll talk about Ben Shapiro's statement. | ||
| I want to point out, I just was denied for a home loan. | ||
| So this was something I've been working on for the past several months. | ||
| And I'll leave the details a bit private for now. | ||
| Maybe I'll talk about it once I get more information from the company that denied. | ||
| But it's been a weird go of things. | ||
| So I've been through the mortgage process before. | ||
| I am very capable of getting a mortgage. | ||
| My credit is fantastic. | ||
| My income is fantastic. | ||
| And they said no. | ||
| And what I'm learning now, because I tweeted about this, is that they have sent false credit, to my understanding, false credit report information used to stop me from being able to get a loan in the house. | ||
| It all seems very strange. | ||
| It's been, I think, three months of agents being swapped around, demanding the same documents over and over and over again, maybe like six or seven times. | ||
| And then when we do, a new person pops up and says, hey, I'm the agent now, now you gotta send it again. | ||
| It really feels like they're trying to stop us. | ||
| There was a point where I was like, are we just going to cancel this? | ||
| Because this is insane. | ||
| Why won't they just say no? | ||
| No, they're really trying to sludge us up so we can't buy. | ||
| At the same time, you have this viral story about a company called BlackRock, as well | ||
| as a bunch of other investment firms, that are buying up houses, paying 20 to 50 percent | ||
| above market. | ||
| I had a bunch of people tweeting at me in response to this thread, where they're saying | ||
| things like, one guy says, you know, I wanted to buy a house that was 300K, I had more than | ||
| enough money in the bank for a decent down payment and closing costs, and then an investment | ||
| company came in and bid 20,000 above my offer, and I countered, and they put another 20, | ||
| I just couldn't compete with them. | ||
| So this is the kind of thing that's been happening, shutting out people from being able to buy | ||
| homes. | ||
| Now, full disclosure, I'm fine without a lender. | ||
| I just thought it was irresponsible. | ||
| You know, there's other things I'd like to invest in, particularly hiring journalists | ||
| and running a company and putting it back into this operation. | ||
| But you know. | ||
| I don't know. | ||
| I I guess for regular working class people, they're not going to have these advantages or these opportunities. | ||
| And I think, I was just kind of shocked because, you know, I did not see this coming. | ||
| To be, you know, swatted down. | ||
| So I want to get into, with that being said, the reason I bring that up is just to express my feeling of unease, weariness, confusion, and it just feels really weird. | ||
| At the same time, I'm having this absurd difficulty getting a house. | ||
| I'm seeing these stories from Vox and from Mediaite and from Business Insider. | ||
| Don't buy a house. | ||
| It's a bubble. | ||
| You don't want to own property. | ||
| No, no, no. | ||
| It's a bad idea. | ||
| Millennials regret it. | ||
| It's interesting. | ||
| It's a really amazing thing. | ||
| I mean, owning a house is fantastic. | ||
| Your costs are cheaper per month than renting. | ||
| Yet they're telling people not to do it. | ||
| So when they say it's a bubble, that means if you buy a 500, the argument is if you buy a $500,000 house now in a year, it's going to be worth $350,000 and you're going to have a loan on it that's cost more than the value. | ||
| Yes. | ||
| So you can't sell your stuff. | ||
| But if you buy it at face value, it's going to be worth less, but it doesn't really matter because you already own the property. | ||
| I just really don't think that BlackRock and his other firms putting in 50 percent above market expect to lose that money. | ||
| I think they're going to try and flip it. | ||
| I would imagine they're going to they're going to ride the inflation and then sell it and make money off it or start rent or just rent it out. | ||
| No, they're converting a bunch of these into single-family rentals. | ||
| So we're dangerously close to the point where these large international investment funds own all the property, the property value skyrockets, you can't buy it, and then you become what's called a vassal. | ||
| Do you know what a vassal is? | ||
| I am familiar with that. | ||
| So when the feudal lord would say, in exchange for this grant of land to you, you provide the landlord with some kind of, you know, service or function. | ||
| But at that point, only the landlord would be the vassal of the lord, you of the king, you would be the serf of the vassal. | ||
| You wouldn't even have vassalage status because you own nothing. | ||
| Right, right, right. | ||
| I think one of the bad things about this is how uh not just that this is bad what they're doing but that i think a lot of people would find this to be ideal right i mean we're looking we're looking at a time um we're looking at a time where a lot of people are acting like monads right they're individual units well we're looking at the we're looking at the breakup of different things if we see what happened | ||
| During covid during the during the riots right communities were attacked, right? | ||
| We're looking right now at attacks on different parts of America different parts of the country desecration of our symbols desecration of our history. | ||
| It's like if people if you're telling people. | ||
| You shouldn't have families. | ||
| Your communities are bad. | ||
| Your communities are stupid. | ||
| Your communities are racist. | ||
| If that's how you're attacking them right there, then aren't people going to say, like, yeah, well, I don't know. | ||
| Why do I want to own a home and help build this community? | ||
| If people are telling me that having a community like this is bad, that it's racist, it's dumb, it's vulgar, it's whatever, why do I want to do this? | ||
| I think there's a real risk, too, if you get a house in the wrong area. | ||
| Someone's going to come and smash it up and then you're screwed. | ||
| That's a terrible thing. | ||
| Let me show you what Ben Shapiro said. | ||
| So Ben Shapiro engaged in this story from the Wall Street Journal, saying, I see many people are enraged at BlackRock. | ||
| BlackRock is buying homes from people willing to sell them. | ||
| If you don't like what they're doing, target the loose governmental policy incentivizing this sort of investment. | ||
| Seriously, BlackRock isn't going to stop investing in single-family homes because you're mad on Twitter. | ||
| But you could direct your energies towards stopping the Fed's insane monetary policy, which is driving down the cost of loans and creating a massive bubble. | ||
| If BlackRock is willing to take the risk of leveraging up to buy single-family housing at above-market prices, that's their prerogative. | ||
| So long as they own the downside risk, no bailouts ever. | ||
| And if you're mad at BlackRock and want to artificially prevent them from buying single-family homes, I'd like for you to explain to those who currently own the homes why you're taking money out of their pockets. | ||
| So, my first response to Ben's tweet, with respect, would be, I wonder what his opinion is on Chinese nationals buying up homes from people above market. | ||
| What's the difference between international investment firms who are taking away because of their ability to get access to federally printed money from the Fed, Federal Reserve, They're artificially able to out-compete the middle class, taking away the middle class's opportunity for home ownership. | ||
| But what about China? | ||
| I mean, if someone comes to me and says, you know, a Chinese national wants to buy my house for above market, I mean, I'm going to say no. | ||
| I'm going to say I don't feel comfortable selling to foreign interests at a time when the middle class and the working class in my own country is hurting. | ||
| If we actually in this nation had scruples, then people who own the homes might be like, I am not going to sell to this massive investment firm. | ||
| In fact, I've talked to people who have told me they were selling and they were saying that they're going to make sure it doesn't go to any one of these big corporations for above market, and they only want to sell to American working families. | ||
| Well, we used to make movies about this, right? | ||
| This is the kind of thing that used to be the heart of American popular culture, right? | ||
| You made movies about what it's like to have a community, what it's like to have a family. | ||
| This is essentially what It's a Wonderful Life is about, right? | ||
| Why is it a great town? | ||
| Because George Bailey stuck around and he allowed them all to, he allowed the working classes to build a home. | ||
| When it became Pottersville, it was this Horrible, vulgar town, prostitution and gambling and stuff like that. | ||
| It's an important thing. | ||
| And what's weird is how many, how many people, I'm not going to say on the right, but how many Americans generally, how many American thought leaders, intellectuals have missed what's been going on over the last four years, how some of these arguments have shifted, right? | ||
| Do we want Do we want a market? | ||
| Do we want a country? | ||
| What does it take to have a country? | ||
| What does it take to build communities? | ||
| And if you're just going to talk about markets, then you're not going to have communities and you're not going to have a country. | ||
| It's a good point, man. | ||
| I don't like using the heavy hand of the law unless, you know, after great debate, maybe we do. | ||
| But maybe it should be illegal for these firms and investment firms to buy property if there's another human trying to bid, like an American citizen trying to make a bid or a foreign national buying it out. | ||
| Here's the inverse. | ||
| We saw in 2008, the government was saying you had to give out loans to these families. | ||
| Families who often couldn't afford to pay back these loans. | ||
| And then when the loans went bad, they tried stuffing them into mortgage-backed securities, trying to find some way to make duds into something valuable, and the whole system just broke apart. | ||
| A lot of the criticism was, well, when the government forces people to lend to people who clearly can't afford houses, the housing market explodes. | ||
| Well, BlackRock can certainly afford to pay for these houses. | ||
| Maybe these people should be renters, I suppose, right? | ||
| I certainly don't think so. | ||
| I think people should have access to homeownership. | ||
| The difference here is it's the other extreme. | ||
| Coming in and telling a middle-class person who can't afford the house, we're gonna spend an extra 50% on top so you can't buy it, is not the same as mandating someone be given special access to loans they can't afford. | ||
| I agree. | ||
| I would like to clarify this whole 2008 crisis a little bit. | ||
| So they loaned out to citizens, just regular people. | ||
| They made loans to them. | ||
| Then the people, when they had trouble paying it back because of what? | ||
| Inflation? | ||
| It was people with, in many instances, bad credit. | ||
| had no business owning a home, but they were given these like no money down loans with high interest rates. | ||
| And then when people couldn't pay them back, they started to default on the loan. | ||
| And so they packaged the debt into other things and then sold those to like investment firms. | ||
| Yep. | ||
| There was something sinister going on about the process because a lot of people were kind of... | ||
| a lot of people knew it was sort of a racket and a lot of people were making money and doing a lot of bad things that | ||
| hurt not just the economy, but the country and the world. | ||
| So now it sounds like they're using that as an excuse to not loan people money, instead going the safe route by just loaning it to big corporations. | ||
| Well, I suppose authoritarianism is always the safe route, I guess. | ||
| Right. | ||
| When you have despotic control of a nation and you can oppress and strip away the rights and, you know, resources from the working class, so long as you have a good psychological manipulation apparatus, which I guess we do, sort of, then you got nothing to worry about. | ||
| Definitely. | ||
| I mean, that's what the press is. | ||
| I mean, this is what the press has been doing for, you know, at least five years now. | ||
| Yeah, it's amazing where it's like, you know, journalism today is like, make the biggest lie. | ||
| I feel like we're about to transition our government into like a more democratically decentralized system, like a legit system. | ||
| I've been studying the Greek, the development of the Greek democracy, 500, 600 BC, and basically the farmers, the Greek farmers, were paying a sixth of their food to their local landlords, and they couldn't afford the debt, so they were putting their own freedom up as collateral. | ||
| It used to be legal, you could say, you can take my family as a slave, or me as a slave, if I can't pay back the debt. | ||
| They couldn't pay back their debts, or they couldn't pay their taxes, basically, so they were conscripted into slavery. | ||
| And what was happening was, Athens realized, if they needed to call up a military, they couldn't, because these people were all unburdened by debt. | ||
| So, they were going to get taken over from the outside because their people were just wrecked. | ||
| So they had to dispel all the debt. | ||
| All that 1-6, they freed all the slaves. | ||
| I mean, they made drastic changes to their system. | ||
| Out of necessity, because they were going to get taken over by a foreign power if they didn't. | ||
| We need to be able to rely on our citizens to have strength, willpower, and the ability to mobilize. | ||
| I think. | ||
| And Lee, correct me if I'm wrong, that Chinese interests may be subverting this country to, you know, global dominance of some sort. | ||
| I think it's the interest of our elite that's subverting this country. | ||
| I mean, their ties. | ||
| I mean, I've talked about this. | ||
| I've written about it a bit. | ||
| And the big problem, I think, is China a strategic threat to the United States? | ||
| Yes, definitely. | ||
| But the bigger strategic threat to the United States is our elites who have been selling this country off piece by piece, betraying this country to the Chinese Communist Party for decades now. | ||
| Believe me, I'm not making excuses for what the Chinese Communist Party is doing, how they're trying to hurt America. | ||
| But the biggest problem, again, is I think that Donald Trump had it right when Donald Trump said, I can't really pick on Xi or their leaders. | ||
| They're just doing what they think is right for their country. | ||
| How many of our leaders, national, state, municipal, How many of our leaders have our interest at stake? | ||
| If you look at places like, we come back to New York again, is that really the way that Andrew Cuomo is governing the state of New York, the way that Bill de Blasio is running New York City? | ||
| Is that in the interest of New Yorkers? | ||
| Very hard to believe. | ||
| No. | ||
| No, it's not. | ||
| When they put all those homeless people, and many of them are like convicted criminals, next to the wealthy apartments, and then people are getting attacked. | ||
| They emptied out the Upper West Side, right? | ||
| I mean, the amount of people who were moving out of there. | ||
| And these people, in lots of ways, they were the vitality, the wit, and the imagination of New York. | ||
| People living on the Upper West Side. | ||
| They cleared them out, right? | ||
| They cleared them out by sticking homeless people and putting halfway houses up there on the Upper West Side. | ||
| I'm pretty sure one of the individuals was like a child offender near a school. | ||
| And so naturally the wealthy people who were there were the first to be like, I can leave and I will leave. | ||
| And it was almost, it almost seems like it was intentional. | ||
| Yeah, it's very interesting. | ||
| So that's what I mean. | ||
| I think it's our leadership. | ||
| It's our leadership who's not looking out for us. | ||
| If you look at what the Biden administration is doing, you truly have to wonder. | ||
| I mean, I'll mention again, First day, you put that much energy, the XL, you know, closing down the pipeline. | ||
| Why? | ||
| Why is that so? | ||
| Why was that so vital? | ||
| The number of jobs, the number of jobs that that costs and will cost, and you just look at a number of different policies, both foreign and domestic, was it really that important? | ||
| Do we need to be underwriting Hamas's war in the Middle East by sending $5.5 million for reconstruction in Gaza? | ||
| I'm not sure. | ||
| Did anyone vote for that? | ||
| Who voted for these things? | ||
| The people voted for Biden. | ||
| Yeah. | ||
| We are not a democracy. | ||
| We're a representative constitutional republic. | ||
| And so in this regard, there is a challenge in that the politicians lie. | ||
| I mean, in this regard, it's also, this is what you get when you elect someone not because of their policies, but because you don't like the other guy. | ||
| And it's the best example of it. | ||
| So, you know, very often we've had the two-party system where it's like, oh man, McCain's so bad, I gotta vote for Obama. | ||
| Oh, Obama's so bad, I gotta vote for McCain. | ||
| Yeah, but this one was like the epitome of like people coming out screaming Trump was bad. | ||
| And man, you know, I couldn't imagine this. | ||
| The people who really believe the mainstream press about Trump really do live in this psychotic, paranoid, delusional state. | ||
| This permanent, perpetual, paranoid delusion where Donald Trump is literally Hitler and all this crazy stuff's happening. | ||
| It's just not true. | ||
| The worst thing about it is if you see the coverage coming out of the New York Times Or the different reporters who are based in New York. | ||
| I mean, Donald Trump has been a New York figure for five decades, right? | ||
| All these people have heard of Donald Trump. | ||
| They all know who Donald Trump is now. | ||
| There's lots of things that you can say about Donald Trump. | ||
| You don't like his attitude. | ||
| You don't like his policies. | ||
| You don't like the way he looks. | ||
| You don't like how he appears so much in the press. | ||
| But all the different things they were saying about him, you're right. | ||
| Fascist, Nazi, stuff like that. | ||
| All of these people saw Donald Trump on TV. | ||
| They saw Donald Trump at Trump Tower. | ||
| They saw Donald Trump in New York restaurants for decades. | ||
| And they turn around and start saying this stuff? | ||
| Absolute nonsense. | ||
| They know better. | ||
| That's the issue. | ||
| They all know better. | ||
| Well, they're lying on purpose. | ||
| Exactly. | ||
| And they sold this to the American public and helped drive the American public crazy. | ||
| Or at least half of it. | ||
| For a combination of money and virtue signaling? | ||
| Kicks? | ||
| Oligarchical power. | ||
| They're consolidating their power base. | ||
| I mean, kind of, but, you know, Brian Stelter is gonna be living in a shoebox if this country falls apart. | ||
| He's of no societal value. | ||
| I mean, the dude probably can't even lift a heavy bag to help someone load their luggage into a car. | ||
| I'm not trying to be, like, overtly disrespectful. | ||
| I mean, quite literally. | ||
| What would a man like Brian Seltzer do were it not him running a propaganda state TV for the White House? | ||
| This is fascinating because that's the way that I see the press. | ||
| The press is the courtier class, right? | ||
| This is what they are. | ||
| If we're looking at the oligarchs, these are the retainers. | ||
| These are the people who work and don't you like what monsieur has said don't you like with the the new pro the | ||
| new? | ||
| Application that monsieur has designed aren't you interested in the new show that monsieur has produced. That's | ||
| what they are the retainers These are people who are | ||
| Their jobs are about messaging on behalf of the oligarch It reminds me of that episode of Simpsons where mr. Burns | ||
| is fleeing to his escape pod I forgot why. | ||
| And then, you know, Smithers tries to go with him. | ||
| He's like, oh, sorry, there's no room for you. | ||
| And then it, like, launches him in the air. | ||
| They're the weak little betas. | ||
| Who will say anything and everything for the corrupt elites who are extracting the resources from this country, but when all is said and done and the country falls apart, like, they're the first in line for whatever bad is going to be coming. | ||
| They provide little, if anything, in terms of value to society. | ||
| I mean, these are people who live in New York City. | ||
| Who live in giant concrete cubicles, who espouse propaganda for the state. | ||
| When the state has lost confidence in the people because the elites have extracted too much, and now the system topples, where do they go? | ||
| They have... What reasonable skills do they have? | ||
| Hey, Dylan Radigan went and started doing hydroponics. | ||
| That guy was smart. | ||
| Ten years ago, he was like, I'm out. | ||
| I'm not gonna be playing that game. | ||
| That guy's awesome. | ||
| Yeah. | ||
| I mean, if you look, if you look at the history of these different, if we think that this country is heading toward a very dangerous, very dark place, it may be, it may not be. | ||
| But regardless, if you look at the history of things that go bad, if you look at the history of authoritarian states, how these things begin, the bad things that happen, Right. | ||
| It's a mistake for the ideological class, for the ideologues. | ||
| They're always caught in the middle of it. | ||
| It's a very bad idea. | ||
| Well, I just think that the nature of America, as you mentioned, stubbornness, a lot of defiance. | ||
| It's not going to go the same as, say, Russia would, or many of these European nations would. | ||
| It'll be different. | ||
| Call it a civil war, call it whatever you want. | ||
| You know, we mentioned this quite a bit in the context of it, but There's a dividing line forming between these states, which you mentioned with the vaccine segregation and the passports, which lends itself to the idea that if Joe Biden and the Democrats keep extracting and destroying this country, at what point will the Republicans cut things off and how will they do it? | ||
| Maybe Texas announces a Texas coin, a cryptocurrency for the people of Texas, a local currency to protect the value. | ||
| You know, look, Florida would probably do it first, to be honest, because you've got DeSantis. | ||
| He'd probably launch, and they just had the Bitcoin conference in Miami. | ||
| Think about this, Florida could launch, as a governmental entity, a DeFi coin, Florida coin, that is legal tender in the state of Florida. | ||
| What are the Feds gonna do? | ||
| I mean, I'm sure they would freak out. | ||
| They'd probably buy a bunch of it. | ||
| Maybe. | ||
| The issue is, so long as the Fed can print money and Biden can hand it for free to Cuomo, to Newsom, to Whitmer, they, when they spend money and destroy things, they are extracting the wealth from the people of Texas and Florida. | ||
| And the other states. | ||
| Utah, Idaho, etc. | ||
| Productive states. | ||
| That's right. | ||
| I'm thinking about I'm still thinking about the Greco the Greek democracy. | ||
| This is so it's so parallel. | ||
| They say history rhymes not necessarily interrupted. | ||
| So what happened was they defaulted on their tax debt was the first thing they did to get out of this problem. | ||
| The second thing was. | ||
| Uh, that they free their slaves. | ||
| Okay, so we're not in a state of slavery right now, although you could argue that we're in fiscal slavery. | ||
| Student loan debt. | ||
| Student loan debt. | ||
| Abolishing. | ||
| Uh, and so, but what happened was, then the poor people came up and they want, they started to demand the rich people's property. | ||
| And the guy that had been put in charge, this guy named Solon, was this brilliant, you know, merchant, uh, guy. | ||
| He wasn't a landowner, but he was just this really, really smart guy. | ||
| Said, no, we're not going to strip the wealth from the rich. | ||
| So it's going to happen again, probably. | ||
| It's likely that people are going to start demanding that we strip the wealth. | ||
| What we see now it's different is the mass printing of money. | ||
| They didn't have that in ancient Greece. | ||
| They didn't have this money printer, this Federal Reserve system, this fiat. | ||
| So I don't know how other than establishing a new currency and issuing a debt recall and voiding like the value of the dollar over like the two year period. | ||
| This is why Bitcoin is key. | ||
| Why I'm so bullish on Bitcoin. | ||
| I'm not telling anybody else what to do, but we talk about how... I mean, you've really got to understand this. | ||
| That the blue states were in serious trouble before the pandemic. | ||
| Their debts were piling up. | ||
| We had in New York City, they want to do the Amazon headquarters. | ||
| AOC comes in, starts spitting and yelling, and then Amazon pulls out, costing them $30 billion or more over a 10-year period. | ||
| They need that money to fix the MTA. | ||
| So they're in serious trouble. | ||
| Well, don't worry! | ||
| Don't worry. | ||
| You see, Donald Trump said he wasn't going to give him a bailout. | ||
| Fortunately for them, Joe Biden wins. | ||
| Joe Biden gives them all the cash they need. | ||
| Now they got some cash reserves. | ||
| But that is causing hyperinflation. | ||
| Or I should say hyperinflation. | ||
| It's causing inflation. | ||
| It's really high, depending on who you ask. | ||
| That means for someone in Texas who wants to buy a computer, your ability to buy these goods has been taken from you by the corruption of Andrew Cuomo. | ||
| How long will they stand for this? | ||
| I don't know. | ||
| They might just be like, okay, whatever. | ||
| Fine, whatever. | ||
| And then the federal government gives grants and loans to many of these states. | ||
| Anyway, many red states are getting money from the government. | ||
| So they'll probably just say, sure, fine, whatever. | ||
| But it is the savings of the people in these places that are being devalued and the governments that are benefiting from it. | ||
| Right. | ||
| It's terrible. | ||
| I guess one question is, one question is how long? | ||
| What's going to make people change? | ||
| What's going to break them? | ||
| Take their food. | ||
| What will it be? | ||
| So long as they have food, people will probably do nothing. | ||
| So this is my advice to the despots. | ||
| You just gotta go slow. | ||
| You can't throw boiling water on a frog. | ||
| You gotta put the frog in a pot and then boil the water. | ||
| That's how it's done. | ||
| Otherwise they freak out, right? | ||
| Make sure their food costs don't go too high. | ||
| You got to keep it below around 40% of their income per week. | ||
| Otherwise, they snap. | ||
| You're right. | ||
| I was watching this video last night about the hunter-gatherers. | ||
| I think it's the... it starts with an H. The Hanso? | ||
| Hanso? | ||
| It's the last hunter-gatherer tribe in the world, in, like, Eastern Africa. | ||
| And this guy goes there and hunts with them. | ||
| And they asked one of the hunters, what's the most important thing on Earth? | ||
| Like, what is it? | ||
| What's the greatest thing? | ||
| And he, without even thinking, he said meat. | ||
| And he's a hunter, so he thinks meat, but it's food. | ||
| It's food. | ||
| We think about all these lofty ideals and ways and love. | ||
| It's food. | ||
| You need food to live, bro. | ||
| Dude, it's all about the food. | ||
| Water. | ||
| Water and food. | ||
| Because if you don't have water, the food will kill you. | ||
| If these shortages get worse, I mean, you need only look at these photos of shopping markets during hurricanes. | ||
| All the meat is gone. | ||
| The vegan section is fine, though. | ||
| People don't want to eat bugs. | ||
| And they'll try. | ||
| Eat the bugs. | ||
| Come on, you eat it. | ||
| Because we're gonna have steak. | ||
| We're gonna have fancy steaks. | ||
| You guys eat the bugs, though. | ||
| Take their food away, and people will go nuts. | ||
| But there is a way out. | ||
| There is. | ||
| And it's... I don't know the regulations or the laws on this, but it would be really amazing if Texas just said, hey, we're making Texas coin. | ||
| That'd be awesome. | ||
| Every state should have their own. | ||
| I mean, it used to be that way. | ||
| The states used to have their own currency. | ||
| You can go online. | ||
| It's amazing. | ||
| I went to one website where they sell Rhode Island dollars. | ||
| Like, legal tender in the state of Rhode Island early on. | ||
| Nowhere else. | ||
| Is it just a one-for-one to the dollar? | ||
| I mean, I guess another thing that would be interesting is if you look at, you know, people... I don't know if it's still there after COVID, but people have spoken about California has the world's third largest economy. | ||
| So what about Texas? | ||
| What about Florida? | ||
| It seems that Florida is particularly... | ||
| California's economy is enormous because of its trade with Asia, especially with China, right? | ||
| But if you look at the other, if you look at Texas and Florida, these states are also well disposed to trade as well. | ||
| So what are the different ways for, what are the different ways for red states to build their To build their economic strength. | ||
| Again, I'm willing to bet the feds would storm in in two seconds with guns if any state tried to do this, but imagine if Texas said, okay, here's what we're doing. | ||
| As the government, we're going to be issuing a cryptocurrency called TexasCoin, where we'll print 21 million over the span of 100 years, and it's mined or whatever. | ||
| However, if you are a resident of the state of Texas, Or a registered business, and you're a representative of that business, you can exchange your Texas coin for U.S. | ||
| dollar. | ||
| Which means, in the Texas economy, they back their currency... No, that wouldn't work. | ||
| That wouldn't work, because inflation would still hit them. | ||
| But imagine they said... Or no, no, no, they could. | ||
| It would just be an exchange rate between the dollar and the Texas coin. | ||
| Then the Texas coin is deflationary. | ||
| So if you live in Texas, and you choose to accept Texas' currency, It's value goes up while the dollar goes down. | ||
| People in Texas are going to be like, I don't want to use dollar anymore. | ||
| And if you ever need to, you can just go to the government and as a resident, do an exchange. | ||
| Do you think this is, I mean, are people talking about this? | ||
| No, no, no, no. | ||
|
unidentified
|
I'm not. | |
| I just, it just came to my thought of it. | ||
| I'm sure some people are. | ||
| It's really interesting. | ||
| I mean, Florida, look, I don't even think the government needs to do it. | ||
| If the government backed it or if anyone created a reserve and said, you know, it's, it's, imagine this, right? | ||
| There's a lot of cryptocurrencies. | ||
| Each and every one can be exchanged for some monetary value. | ||
| For the most part, some don't. | ||
| Some are private utility tokens. | ||
| But let's say, like, you know, Dogecoin right now is at, like, 35 cents or something. | ||
| What if the only way to actually do an exchange, it was only available to the people of the state of Florida? | ||
| Now, if you live in Texas, you can have some. | ||
| And you can trade it with people in Florida, but you can't get dollars out of it. | ||
| Unless you're a resident. | ||
| Then the residents would be like, oh, we want to accept this because we can use it amongst ourselves, retains its value, becomes more valuable. | ||
| So if someone pays me one Florida coin and I put in the bank in a month, it's basically basically worth two Florida coin. | ||
| I'm not taking those dollars. | ||
| I'm taking the Florida backed crypto. | ||
| And then. | ||
| The value, it costs, when it starts, it's one to one. | ||
| $1 is one Florida coin. | ||
| A month later, $2 is one Florida coin because of, it wouldn't be that dramatic, but inflation 5%. | ||
| You could always just exchange it back for US dollars. | ||
| It would be like literally any other cryptocurrency. | ||
| The difference is the state government of Florida or Texas or whatever state, or maybe New York would do it, are putting regulation on it statewide, which provides incentive for people in that state to use it and doesn't allow exchange for dollars outside of the state. | ||
| Now, however, people could still trade off-market, right? | ||
| Someone would be like, hey, I'll give you Texas coin for dollars or whatever. | ||
| And you could do that anywhere. | ||
| You could have it do discounts, too, locally. | ||
| Like, if you spend New York coin in New York, you get a 1% discount on anything you buy. | ||
| It would be easy to tax. | ||
| The government could have fees on every transaction instantly taxed. | ||
| Do we have a sense of like how different the difference between the Trump administration and the Biden administration on cryptocurrency? | ||
| Is there a big difference? | ||
| Trump hates it. | ||
| Really? | ||
| Yeah, I don't know of what Biden's position has been. | ||
| I mean, they're trying to regulate it. | ||
| Trump called it a scam. | ||
| He's wrong. | ||
| But it seems like the federal government really does not like it. | ||
| State Street's going in hard on crypto right now. | ||
| They're the second, I think it's the second or third largest investment firm in the world alongside BlackRock and Vanguard. | ||
| But State Street, if you look up State Street News yesterday, they're launching a cryptocurrency division. | ||
| To me, Bitcoin is a savings account. | ||
| If you put your money in a bank, it's losing value every day. | ||
| You put in Bitcoin, it's gaining value every day. | ||
| I don't care what they say. | ||
| And again, I'm not telling anybody to buy anything. | ||
| No financial advice from me. | ||
| What I'm saying is Bitcoin, based on the function of it, the capitalization, the liquidity, everything, it's going up in value. | ||
| Now, in the short term, you can see volatility, but you ignore that stuff. | ||
| I don't care. | ||
| If Bitcoin dropped to $10 right now, I'd panic buy as much as possible. | ||
| Like, wow. | ||
| I'd go nuts. | ||
| I'd just buy as much as I could. | ||
| But I don't think people... Where is it now? | ||
| I think it's at $36, maybe $35. | ||
| It was a 37 earlier. | ||
| It was a 32 the other day. | ||
| Like, if you're day trading, you're probably making a killing. | ||
| Do you check it out all the time? | ||
| I mean, are you- Sometimes I forget. | ||
| Sort of three days. | ||
| Sort of. | ||
| I've always just been someone who's bought and then ignored it. | ||
| Because it's a savings account. | ||
| I was day trading for a while. | ||
| You can make a lot. | ||
| A lot of money if you're day trading. | ||
| I mean, you can make like 2-7% daily. | ||
| It's crazy how much money you can make per day. | ||
| Because of the volatility. | ||
| And if you're moving $10,000,000 a day, you know, that's $70,000,000 in just like two hours. | ||
| Look, it hit $65k, and then it dropped to $30k or whatever, and it was mostly poor people who panicked and sold off, and all the rich people were laughing the whole time. | ||
| Because the rich people aren't worried about short-term losses like this. | ||
| It's like, dude, if I buy one Bitcoin, one Bitcoin equals one Bitcoin. | ||
| But if you're poor and you put in your only $200 hoping to turn it into $400 and then the market tanks, you panic and pull it out. | ||
| You've lost your money. | ||
| You buy when you can. | ||
| You know, for me, I'll buy when I can and I forget about it. | ||
| Some Ron Paul was talking about a lot was getting rid of this law that says that the US government or Congress has the monopoly on on a currency control of currency creation, basically, which they've already offloaded to the Federal Reserve anyway. | ||
| So they're basically they've they've given up their their responsibility to some private quasi private public company. | ||
| I don't know what the exact law is. | ||
| Dave Smith was talking about it when he was on the show. | ||
| But Ron Paul has been... We need to repeal or remove that restriction so that we can all legally create our own and create a market of currency market. | ||
| Because the U.S. | ||
| dollar can't carry the load. | ||
| We're watching it happen. | ||
| I would rather own rocks. | ||
| Like, I'd rather buy a bag of gravel than have a U.S. | ||
| dollar right now. | ||
| I wonder what the value of that's increased by in the last three months. | ||
| Gravel's gonna go up! | ||
| It's gonna become more and more expensive. | ||
|
unidentified
|
Sand. | |
| Yeah, you're right. | ||
| Timber. | ||
| Right. | ||
| Absolutely. | ||
| So we got these parks built here, and these days, we couldn't get it done. | ||
| It's too expensive. | ||
| But the best thing is, they had leftover, oddly-shaped lumber here and there, and boards, because they cut things, and they say, here's the waste. | ||
| And the guy, I remember when they were building, they were like, so we'll have this all hauled away. | ||
| And I was like, no, no, no, no, no, no. | ||
| At the time, I was like, just throw it in the shed, because we like building stuff. | ||
| I'm sure we'll build something. | ||
| We built some, like, PVC rails, like, for, you know, skating and stuff. | ||
| And now we have this shed full of wood, and I'm like, wow. | ||
| Thousands and thousands of dollars. | ||
| No joke. | ||
| At the time, it was probably a total of, like, a thousand dollars worth of materials a year ago, and it's probably worth, like, seven or eight thousand now. | ||
| Some ridiculous amount of money for all these materials. | ||
| Plus, there's just like steel bars and pipes and stuff that you use for skating on. | ||
| So, wow. | ||
| I'm like, we could probably do a sale on this and make a ton of money right now. | ||
| No, but I want it. | ||
| Because we want to build stuff. | ||
| I would rather have a bag of rocks. | ||
| No joke, because sourcing the rocks is hard. | ||
| Sourcing the dollar is nothing. | ||
| Joe Biden's just making it rain on everybody. | ||
| And I'm like, there's no scarcity to the dollar. | ||
| Someone's got to go and get those rocks. | ||
| That's got value. | ||
| That's interesting. | ||
| That's a great sales pitch. | ||
| That's fantastic. | ||
| I'm holding a bag of gravel. | ||
| I'm holding a bag of rocks. | ||
| I'm holding a bag of rocks. | ||
| But I'm not even... I'm not... I'm being serious. | ||
| No, I know. | ||
| I know. | ||
| It sounds great. | ||
| If somebody came with, like, a Home Depot, like, you know, gray gravel for the driveway, I'd be like, how much? | ||
| I'd love ten bucks. | ||
| I'd be like, done. | ||
| I'd love to see an Alec Baldwin version of this, like, Glenn Gary, Glenn Ross. | ||
| You walk into the room, you're holding a bag of rocks, just like that. | ||
| I'm gonna buy some rocks. | ||
| Always be selling. | ||
| No kidding. | ||
| Always be selling. | ||
| Always be closing. | ||
| ABC, always be closing. | ||
| And you're holding the bag of rocks. | ||
| The problem is, where would you store the rocks? | ||
| Hence, we created currency to, you know, stand in for the... Yeah, but the currency inflates. | ||
| The rocks don't. | ||
| The rocks deflate. | ||
| Well, I guess the rocks inflate in value. | ||
| But the dollars become worthless. | ||
| So buy the rocks now for $10, and then in a month it'll be worth $12. | ||
| That's no joke, dude. | ||
| It takes a lot of effort to grind up that gravel and move it around. | ||
| It's like the most worthless thing you can imagine. | ||
|
unidentified
|
I mean, look. | |
| Things you normally would think are worthless that people wouldn't want to have. | ||
| Wood, glass. | ||
| You know, back at the other house where we had the studio, we had a bunch of wood. | ||
| A bunch of wood that we just bought because it was cheap and we were using it to build stuff. | ||
| We just left it. | ||
| We didn't even care. | ||
| That's probably a couple hundred bucks right now that we just left behind. | ||
| That was only like 20 bucks when we bought it. | ||
| I mean, I'm getting bookcases made. | ||
| I know what it looks like. | ||
| I know how much more it is now than it was a year ago. | ||
| Well, let's talk about some of this environmental disaster stuff we got going on. | ||
| So, you know, obviously we've been talking about what you can invest in, the cost of lumber, the cost of food, the inflation. | ||
| Right now in California, they're dealing with a mega drought. | ||
| The Verge reports the Hoover Dam reservoir is at an all-time low, and apparently they're putting, in California, they're under some kind of rationing for water. | ||
| Yeah, the water, man. | ||
| How's it work? | ||
| I'm going to be careful with how I put this so I don't present myself as a water expert. | ||
| But my reporting on Congressman Devin Nunes, he's in Central California and, you know, he represents a big ag district, 22nd District in uh... in california and he was originally elected to fight the water wars and so i know a little bit about the central uh... the central valley water issues and one of the cases these guys make and it's pretty convincing to me is there's an awful lot of water coming off the sierra nevada uh... and this is what makes the central valley so fertile so rich with what they call the uh... brad basket of the solar system | ||
| Some of this, the water wars, what the water wars are about, it's about environmentalists or people who describe themselves as environmentalists in the Bay Area, to a lesser extent Los Angeles. | ||
| And a lot of this, in effect, what they're doing, again, I'm not, I don't know what's happening at the Hoover Dam. | ||
| I just want to give a little background on what I know about the water wars out in California. | ||
| They say there's an awful lot of water in California. | ||
| What they're trying to do is they're trying to break... They're trying to break their political opponents. | ||
| The game is, with the left, what they're trying to do is they're trying to hurt their economic base, strip them of their economic base in the Central Valley, the agricultural base, and also push them into the cities where they can control them. | ||
| So, again... By what? | ||
| By blocking water? | ||
| Or what? | ||
| Yeah, they run a lot of the water off into the bay and it's an argument about the smelts and what people say about the smelts is like this, you know, nothing against the smelts. | ||
|
unidentified
|
The Delta smelts? | |
| Yeah, the Delta smelts. | ||
| Yes, my favorite fish. | ||
| You know about this, right. | ||
| So the Delta smelts are also a bait fish for, I believe it's a trout. | ||
| That's an imported fish, right? | ||
| The trout, they brought the trout out there. | ||
| It's an imported fish. | ||
| And the smelts, the smelts are eaten by the trout. | ||
| So what their point is, is that the environmentalist argument isn't very, uh, it's doesn't have a lot of integrity. | ||
| So they're entirely honest. | ||
| This is a... In my research, when I covered the last drought in the past six or so years, I would say that you're about half... What you're saying is about half of... What's the right way to put this? | ||
| In my research, it half agrees with what you're saying. | ||
| In places like Tulare County, they're barred from using surface water for growing crops because it's diverted to the cities. | ||
| And it's a really simple thing. | ||
| It's one of the biggest arguments I have for the Electoral College. | ||
| You have this one state with no electoral system, no proportional representation. | ||
| What happens is the farmers in these counties make up about 300,000 people, but a large portion of the economy. | ||
| Over in San Diego and LA, they have tens of millions of people. | ||
| So then they all say, hey, we're going to vote on who gets the water from the poor people. | ||
| And so when you get 300,000 farmers and poor people, and then you get tens of millions of city people, and they say, now everybody vote. | ||
| Well, that's what Ben Franklin said. | ||
| A democracy is two wolves and a lamb deciding what's for lunch. | ||
| A republic is a well-armed lamb contesting the vote. | ||
| So what we end up seeing is the farmers had to drill thousands upon thousands of feet into the earth for groundwater. | ||
| But the poor people who lived in East Porterville, I think it was called, their wells only went 30 feet, so they went dry. | ||
| They had no water left in their homes. | ||
| Taken by the farmers, because the farmers were in a drought, and there were canals with surface water. | ||
| And I said, there's so much water there, can't you take it? | ||
| And they were like, we're not legally allowed to. | ||
| It's diverted to cities. | ||
| So the water runoff from the mountains at a time of a drought goes to the cities who say they need it more. | ||
| But I will mention one thing as for the Delta. | ||
| So I went to the Bay Area. | ||
| And we talked to many people about the smelts and what the farmers wanted to do was they said, we got a lot of this water up north that goes into the bay and does nothing. | ||
| It reaches the San Francisco, around that area, where it hits the ocean and it basically makes all that fresh water useless. | ||
| We should divert that fresh water, have it go around the bay and go to the farms. | ||
| Now, the political argument was the smelt. | ||
| Oh, but you're going to kill all these fish if you do that. | ||
| I think the more sound argument was, I actually went to a bunch of cities in the Bay Area, smaller cities, not San Francisco, not Oakland, and I went to a bunch of farms. | ||
| One of the farms I went to was, I believe it was an apple farm, I could be wrong, it did some kind of fruit. | ||
| And they said, the water that we get for this farm is, it's bay area water. | ||
| So we're, we got all these, you know, tributaries, streams, and whatever. | ||
| It's all the delta water. | ||
| If you divert that water, it will reduce pressure, causing ocean water to come in, killing all of the fresh water in the bay, and wiping out all the small towns that rely on that water. | ||
| So it may be that you could, you know, the needs of the many outweigh the needs of the few. | ||
| But they were like, what about our family farm that's been here for generations, for hundreds of years, that would be destroyed by salt water coming in and wiping out our farms? | ||
| It's tough. | ||
| One of the solutions for the water problem was desalination. | ||
| But what that does is it creates brine runoff that goes down to the bottom of the ocean bed, killing off the lowest level of life, causing a dead zone from the ground up when you wipe out the food chain. | ||
| Yeah, you need to find a way to reuse that salt if you're going to you're gonna do that for sure. | ||
| Yeah, but they just dump it back into the ocean. | ||
| And it's brine, it sinks, and then kills all the flora and fauna on the ocean floor, | ||
| and then everything above it dies. | ||
| This is a bit goes back to this guy named William Mulholland. | ||
| You guys ever hear of this guy? | ||
| They named the street after him, Mulholland Drive in Los Angeles. | ||
| He was, it's 1913, the year, obviously the same year they made the Federal Reserve. | ||
| The basis of Chinatown. | ||
| Oh, William Mulholland? | ||
| So what he did was he went up to this place, Owens River, the river valley, and diverted all this. | ||
| This is before L.A. | ||
| existed. | ||
| It was a desert. | ||
| And he diverted all this farmland water down south to create the city. | ||
| And that's why they named a street after him in L.A. | ||
| They're built on a desert. | ||
| It's not supposed to be there. | ||
| They're importing the water and stripping it from the rest of the state. | ||
| So when droughts hit, they hit hard. | ||
| If Colorado right now was like, hey, California, No. | ||
| California's gone. | ||
| SoCal's gone. | ||
| Their water's gone. | ||
| It's Colorado River water. | ||
| Yes, it is. | ||
| Yeah, Colorado's got like a treaty or something. | ||
| But they could just be like, nah. | ||
| Imagine if a drought hit Colorado, though. | ||
| If Colorado for some reason was facing, you know... Did it happen? | ||
| Yeah, it happens all the time. | ||
| It happens really quite regularly. | ||
| And then Colorado's like, sorry, Colorado first. | ||
| No water for you, California. | ||
| China's doing that. | ||
| They're like blocking river water to other countries, because a lot of rivers run off Chinese mountains, I think. | ||
| They did it to themselves during the Olympics, you know, several years ago. | ||
| All the poor farmers were restricted. | ||
| What's gonna happen in California then? | ||
| What's gonna happen in, uh... Yeah, what's gonna happen in Southern California? | ||
| Well, I mean, California as it stands seems to be post-apocalyptic. | ||
| You know what's funny? | ||
| I hear from these people, they're like, California is so nice. | ||
| I'm sick and tired of people having zero perspective. | ||
| It's like, bro, if you are a frog in a pot, I don't wanna hear your opinion. | ||
| I'm kidding. | ||
| We'll have an argument about it, but you need to look at the pots that are boiling, because you're in California, and people are like, it's not so bad here. | ||
| And I'm like, how many times have you seen a homeless person take a dump in the street? | ||
| 12 in the past month. | ||
| But what's the big deal? | ||
| And I'm like, it should be zero! | ||
| When I lived there, it was like once or twice a month. | ||
| San Francisco's got a poop patrol now. | ||
| The last time I went to LA, Parked my car and I was going to a mall and some woman, some old fat woman walked in the middle of the street and just squatted and went at it. | ||
| And I'm like, what the is happening to this place? | ||
| That's burned in my mind. | ||
| I lived there. | ||
| I lived there a couple of years and it was kind of bad. | ||
| Now it's really, really bad. | ||
| Wait, you lived in San Francisco or you live in L.A.? | ||
| No, no, no, I live in L.A., in L.A. | ||
| Yeah, yeah, yeah. | ||
| I've been to San Francisco several times. | ||
| It's a shame. | ||
| It's a shame. | ||
| It's a great city. | ||
|
unidentified
|
Beautiful. | |
| These were all great American cities until someone decided they needed to be burned down. | ||
| Or a whole bunch of people decided they needed to be destroyed. | ||
| I think it's really simple. | ||
| It's a very simple mathematic equation. | ||
| If Republican says, be responsible, and Democrat says, I'll give you free stuff, it's a slope. | ||
| It is an uphill and a downhill. | ||
| And like Homer Simpson, Springfield has a westward slope, so they knew which direction he was going to walk. | ||
| It's so sad. | ||
| It's a it's a great they're great cities in a great state in a great country that is drastically behind schedule on developing desalination tactics. | ||
| We have so much freshwater. | ||
| We have so much saltwater access to so much saltwater being on basically an island, you know, North America, United States. | ||
| It's not a long term solution. | ||
| Desalination? | ||
| Oh, that makes sense. | ||
| It subsides, yeah. | ||
| That's gotta be the word. | ||
| Subsidization, I think the word is, I could be wrong. | ||
| Could you look that up? | ||
| When you pull the groundwater out, that water actually provides some kind of | ||
| structural support pressure at a lower level. | ||
| It subsides. | ||
| Yeah, right. | ||
| It's got to be the word. | ||
| Subsidization. | ||
| Oh, no, that's not it. | ||
|
unidentified
|
That's it. | |
| No, that's subsidies. | ||
| Subsidization. | ||
| I could be wrong. | ||
| But what happens is when you pull the water out, the ground starts sinking. | ||
| And that is really bad. | ||
| So I think that's the future for California. | ||
| Oh, yeah. | ||
| I think I think California is going to get really bad. | ||
| Maybe what they're trying to do with this great reset stuff with like New York is get rid of as many people as possible so the cities can survive. | ||
| I hear people also saying that they want to build these again, speculation from interested friends. | ||
| They say, yeah, they want to build these kind of fancy, big Asian style cities, these kind of showcase cities where you don't really have many people living in them. | ||
| Yeah, I couldn't find subsidence, but maybe it's called subsidence. | ||
| Yeah, cool. | ||
|
unidentified
|
There you go. | |
| So what the groundwater is like, is a buffer for other to keep other things from well, when you will land up and keep up saltwater out when they pull the water out of the ground doesn't matter where you are, like the ground like the ground goes down. | ||
| You know, with fracking, a lot of the fracking stuff is causing earthquakes across the country. | ||
| And I think it's because they're removing liquid from, similar to this maybe, and it's causing the ground to like fall and shake. | ||
| So I was thinking we could pump water back into the earth to like make up for the oil that we take out and to re-subsidize or whatever you would call. | ||
| Subsidize. | ||
| People need to drink water, man. | ||
| Resign. | ||
| Look, this is all the great Reset people. | ||
| They're like, we're drinking too much water. | ||
| We're pulling too much groundwater. | ||
| They're saying that too? | ||
| Are you kidding me? | ||
| They're saying we're drinking too much water? | ||
| Oh yeah! | ||
| The reason they want to ban beef is because of how much water we have to use for the cows to drink. | ||
| That's insane. | ||
| I thought it was just their whole thing about bovine flatulence. | ||
| I didn't know it had anything to do with water as well. | ||
| It's like thousands of gallons, they say, of water per cow for like a meat product. | ||
| And it's wasteful. | ||
| Almonds. | ||
| Almonds take a lot of water to produce. | ||
| So it's very, it's like, we're gonna see almond prices start skyrocketing because of the drought in California. | ||
| It's gonna be bad. | ||
| Avocados as well. | ||
| California produces what, like a, how much of the food of the world? | ||
| Like a massive portion? | ||
| I wanna say like one fish? | ||
|
unidentified
|
Yes. | |
| Yeah, something like that. | ||
| Yeah, and California is being propped up by farmers who are producing for their GDP, and if they leave, then the state is... they're in trouble. | ||
| Right. | ||
| If they turn it into wind farms, then I guess we will be eating bugs pretty soon. | ||
| That's why I, as well as many other people, like Jack Posobiec, have been saying, get out of cities. | ||
| You don't want to be in a city. | ||
| I mean, it's almost like they fired a shot across the bow last year with the lockdowns and the riots. | ||
| Get out of the cities. | ||
| They were basically forcing you to do it. | ||
| Oh, absolutely. | ||
| Right. | ||
| I mean, if you have the ability to not leave these places that are increasingly dangerous and increasingly spiritually bleak, yeah, you have to go. | ||
| There's no choice. | ||
| We were in the Philadelphia suburbs and we decided to leave almost immediately when the pandemic happened. | ||
| So we actually had a conversation about there was there was talks about quarantining states. | ||
| No joke. | ||
| They were like shutting down bridges right away, too. | ||
|
unidentified
|
Yeah. | |
| So we were like, why almost immediately? | ||
| What did you guys see right away that made you? | ||
|
unidentified
|
Oh, okay. | |
| I mean, no, no, no, it was the state came out and said we will lock down the bridges and quarantine the state | ||
| Okay, it coincided with expanding the business too. So I've been thinking about just getting a larger | ||
| we were gonna buy Tim was gonna buy like a big office in Jersey, but | ||
| Obviously kovat struck and that was kind of off the table It was already, you were fighting challenges with that. | ||
|
unidentified
|
Yeah. | |
| Everything, everything shut down. | ||
| It just made it possible to do anything. | ||
| And so we ended up just sitting inside and doing this show and one iteration of it for months because you couldn't do anything. | ||
| And so I was just like, one of the, one of the problems we had was you go to, you go to Walmart, nothing there. | ||
| It was like, we go to the store and there's like a, there's like a photo on my Instagram of my friend Adam. | ||
| And it's just like, there's no toilet paper anywhere. | ||
| Just all gone. | ||
| I'm not. | ||
| I mean, weirdly, I'm not. | ||
| It's an old it's an old thing in American history, right? | ||
| I mean, kind of our resources are our myths about Cincinnati's the citizen farmer who comes and fights. | ||
| Yeah, he was great, wasn't he? | ||
| Yeah, I mean, but it is also it is also about that's our origins. | ||
| These are the stories that we tell about America. | ||
| You know what? | ||
| the city from the Bible on from the Bible of the Bible to the present it's | ||
| always been a place of crime and corruption and pestilence and that's | ||
| what it is again I think that Americans need to reconnect to our roots and to | ||
| reconnect to things that aren't about politics whether it's family and | ||
| community you know what that sounds like an argument for the great reset but I | ||
| but I would reset it entirely differently. | ||
| Do you know what I'm saying? | ||
| I'm not talking about resetting, I'm talking about Americans having individual choice and making a decision. | ||
| I think people need to get out of cities. | ||
| They should roll up their sleeves, learn how to chop some wood, learn how to grow their own food, take care of some chickens, get some fresh eggs. | ||
| Nothing beats. | ||
| You walk out in the yard in the morning, you eat a couple fresh eggs, you make them, you're right there on the spot, and it's like, thank you chickens, it's delicious. | ||
| Not these garbage store-bought trash. | ||
| But people are so reliant. | ||
| I mean, the people in the cities, I think, are the biggest problem. | ||
| The rural conservatives aren't the ones destroying the planet. | ||
| It's these urban liberals are the ones who complain about everything they vote for. | ||
| They vote for these governors. | ||
| They vote for these mayors who create the police brutality. | ||
| They vote for these conditions. | ||
| They live in these hyper-concentrated, break Particle dust in the air with gas and all the exhaust. | ||
| They're breathing in trash They're living in cities that smell like sour milks sour milk and cubicles crown on top of each other They're the ones consuming the most energy for this this gluttonous lifestyle on average and then the people in the countryside who are voting Republican live, you know Sparsely populated areas where they're on like natural, you know, like they have their own oil tank to manage their own heat They have you know satellite internet Much more lower cost. | ||
| They're doing solar panels. | ||
| Much more self-reliant. | ||
| I always imagine that they knew this, though, that it's not... A lot of the times we think about it in terms of hypocrisy. | ||
| I think that actually that's part of how they're establishing their elite status, right? | ||
| When we saw Gavin Newsom walking around all the time without his mask, Pelosi. | ||
| And there were a whole bunch of them, right? | ||
| Whitmer as well. | ||
| Pelosi. | ||
| Pelosi, who was the mayor of Philadelphia, right? | ||
| He was also caught, I think, in New Jersey or somewhere without his mask. | ||
| Fauci was caught with his mask down. | ||
| Exactly. | ||
| Fauci. | ||
| So at a certain point, it's like they're not all making a blunder. | ||
| They know they're political figures. | ||
| They're being looked at. | ||
| It was part of to establish that they are part of a higher class, right? | ||
| It's a hierarchy. | ||
| They're at the top. | ||
| You are on the bottom. | ||
| So when you talk about the difference between the people who are the elites who are in cities and the people who are on farms, that's the point to say we're better than you. | ||
| We can we can spend this. | ||
| It's like the celebrities who fly on private jets to go pick up their awards for environmentalism. | ||
| They want you to suffer so they can keep living in luxury. | ||
| They mean to show you they want to rub it in your face It's not like what hypocrites Leonardo DiCaprio. | ||
| It's like I know what I'm doing. | ||
| So what you're saying is eat the rich? | ||
|
unidentified
|
Yeah No, no, Solon would tell us otherwise. | |
| That's called the Kathy Newman username, right? | ||
| Yeah. | ||
| Apparently it's good. | ||
| We're going to come to a head where people are going to want, you look at the French revolution, people are going to want to hurt other people because of greed or because of jealousy, but we don't, you know, we stay peaceful. | ||
| We work together as a team. | ||
| We all want to come out of this better and benefit together. | ||
| We can. | ||
| I got, I got my issues with Elon Musk. | ||
| You know, the Bitcoin, Dogecoin, the pumping and dumping, all that silly, silly nonsense. | ||
| I can respect him for SpaceX and Starlink. | ||
| We're, like, trying to get Starlink. | ||
| We actually got someone brought out a Starlink for us, but their cell locked, so it didn't work. | ||
| We need an actual regional unit, so we weren't able to do it, but it would be really awesome to have. | ||
| I guess we'll just have to wait until we get it. | ||
| Uh, so, so, that's cool, like, work on cool stuff. | ||
| I'll tell you who, you know, when I think about the phrase, eat the rich, I don't really know what they mean by that, like, consume the resources from them. | ||
| You want to throw in Hollywood? | ||
| I'll tell you this, leftists, hear me out. | ||
| Let's start by eating the rich in Hollywood. | ||
| Yes. | ||
| And we all agree. | ||
| And we will start there. | ||
| We'll start there. | ||
| We'll probably have to compromise after that. | ||
|
unidentified
|
But I think it's a good place to go because, you know, you know, like the rich chocolate cake. | |
| Yeah. | ||
| I'm saying like if if if if, you know, I look at Wall Street and I look at Hollywood and those are two things where I'm like, for the most part, I'm on it. | ||
| You can go. | ||
| The hedge funds that are shorting companies into oblivion? | ||
| These apes in the meme stocks? | ||
| It's a revolution. | ||
| It's fantastic. | ||
| They found the weakness, these shorts, and they found a way to stick it to the hedge funds. | ||
| Hopefully it works out. | ||
| We'll see what's happening. | ||
| A lot of people have been covering this, and I'm excited to see it work out. | ||
| Hollywood? | ||
| These are the hypocrites who say, we're going to save the planet! | ||
| Stop flying in planes! | ||
| Oh, my private jet's here, I gotta go, and they go live in their 50-bedroom mansion. | ||
| Those are two sectors of the economy I got no problem with regulating out of existence, or just, you know, figuratively eating the rich. | ||
| I find it heartbreaking, I mean- Wait, the tech sector too, sorry. | ||
| Mark Zuckerberg, bye! | ||
| I find the Hollywood stuff heartbreaking, though. | ||
| I mean, because right before COVID-19, we used to go to movie theaters. | ||
| Remember that? | ||
| Yeah, I know. | ||
| That's why I like AMC stock. | ||
| Yeah, okay. | ||
| That's great. | ||
| I can't wait. | ||
| We used to go to movie theaters, go to dinner beforehand, get a drink after, sit with your beloved, go with a group of friends, children's birthday party, and now it's heartbreaking. | ||
| Now when they turn the lights back on in Hollywood, you've got one of these, you've got some lunatic screaming at you for being, uh, for being... White. | ||
| Right, exactly. | ||
| White male. | ||
| It's ridiculous. | ||
| And look, there's still a lot of terrific stuff they're doing, but there's a lot of garbage they're doing as well. | ||
| But do you notice the people that don't say anything? | ||
| The people who are never out front on the political stuff? | ||
| How they come across, no one ever knows, no one knows what Al Pacino thinks about politics. | ||
| Right. | ||
| Right? | ||
| You know, now that I think about it, I'm like, is there a certain sector of ultra-wealthy individuals that we're actually eager to defend anyway? | ||
| Like, I can defend Elon on some things. | ||
| Is there a sector? | ||
| I got no respect for Bezos. | ||
| That dude is nuking everything. | ||
| He's burning it to the ground. | ||
| He's a lunatic. | ||
| And I'm talking about Amazon's book burning. | ||
| I'm like, these people got too much power. | ||
| Zuckerberg's awful. | ||
| Jack Dorsey's awful. | ||
| They're all just so awful. | ||
| You know what? | ||
| I'm over it. | ||
| Let's set a threshold and get rid of, you know, we'll eat the rich. | ||
| I'm there. | ||
| Leftist, you got me. | ||
| I'm tired of these people. | ||
| They're just awful. | ||
| They're destroying everything. | ||
| It would be nice to be able to find one sector. | ||
| I mean, entertainment? | ||
| I got nothing? | ||
|
unidentified
|
Where? | |
| But look, look, at like a lower level, you've got media where they're not the multi-billion dollar media. | ||
| You've got like, you've got wealthy conservatives who do media and it's alright. | ||
| You've got wealthy liberals who do media and it's alright. | ||
| But then you look at the big corporate machines. | ||
| Baker, you bet. | ||
| Awful. | ||
| Get out of here. | ||
| All of you are gone. | ||
|
unidentified
|
Yeah. | |
| You look at technology. | ||
| We got Minds.com. | ||
| Hey, bill out me. | ||
| He's alright. | ||
| He's a cool dude. | ||
| You got BitChute. | ||
| You got Gab. | ||
| I'm okay with those things. | ||
| And you got Facebook. | ||
| Nah, get Facebook out of there. | ||
| Too big. | ||
| Too big. | ||
| Too bad. | ||
| It should be a bad awful. | ||
| I think the tech should speak for itself. | ||
| Mines is cool because it's open source, free software. | ||
| So like, we spent all this time building it and now you can have it for free and use it. | ||
| Now you can have your own copy of it and spin up your own social network for free. | ||
| It's all available. | ||
| That kind of thing, yeah. | ||
| If the CEO turns out to be a multi-trillionaire, whatever. | ||
| The technology's amazing. | ||
| So here's the other problem. | ||
| All right, if we agree that there are a lot of really awful, really wealthy people that are screwing everything up, Zuckerberg dumping money in these elections, Bezos, you know, he's doing the same thing with Amazon, wokeness, you know, pushing these ideologies, then you've got, you know, big tech. | ||
| The problem is what? | ||
| You give their money to the government, now the government's the same thing. | ||
| So do we eat the government? | ||
| Figuratively? | ||
| What does that mean? | ||
| Maybe, maybe, hold on. | ||
| Maybe there's like a little portion on the left when they say eat the rich, and then the right when they say small government, and that's what you gotta combine. | ||
| I don't know how you do that though. | ||
|
unidentified
|
How? | |
| Decentralize. | ||
| I don't know if you can. | ||
| What does that look like? | ||
| Bitcoin maybe, decentralization. | ||
| Decentralizing, yeah. | ||
| The tech sector's decentralizing, like I was working with the Fediverse team, we're building out the Fediverse, which is this like federated system of free software technology where like all these different websites can intercommunicate and It's a it's a big deal. | ||
| I go more into it in a little while. | ||
| We're decentralizing the entertainment industry. | ||
| Hollywood is gone. | ||
| The giant. | ||
| Now you can. | ||
| We're doing this from here in the middle of, you know, the mountains of West Virginia. | ||
| So that's exciting. | ||
| Yeah. | ||
| The tech sector. | ||
| Now with Bitcoin, the tech sector is decentralizing with cryptocurrency finance. | ||
| Politics is next. | ||
| I'm a big into like apps that where we can vote locally with app technology and kind of control our own destiny from local. | ||
| Service guarantees citizenship. | ||
| Yes. | ||
| I don't know what service means, but I'm into it. | ||
| Any kind of service for the community. | ||
| Let's develop that. | ||
| Anything. | ||
| I'm committed to the idea that we move Not move away from politics, but that we expand. | ||
| And I'm including, I'm not just saying people on the right, I'm just saying as Americans, we expand past politics. | ||
| There's no redemption in politics. | ||
| I guess, you know, one of the big problems, there's just these stubborn people that stand in the way of solving these problems. | ||
| Maybe what we need is for like an entity of the people to rise up and seize power, maybe with weapons, and then instill their political ideology by force. | ||
| Go on. | ||
| I'm kidding. | ||
| Yeah, yeah. | ||
| I see you've studied history. | ||
|
unidentified
|
Yeah, right, right. | |
| That always works out! | ||
| All right. | ||
| Let's go to Super Chats. | ||
| If you haven't already, smash that like button. | ||
| It really helps out. | ||
| Go to TimCast.com, become a member. | ||
| I can't tell you how excited I am for this website and this newsroom just because there's so much more that has to be done off of YouTube, right? | ||
| I've been working over the past probably seven or eight months to probably longer than this, but with a heavier focus in the past, you know, year. | ||
| To focus away from YouTube as the sole place for a business because you don't want to put all your eggs in one basket. | ||
| And so that means we've been pushing the website. | ||
| We're going to be doing amazing things with it and we're going to have a bunch of different verticals. | ||
| We're going to have field reporters. | ||
| I'm so excited because it also means that I get to... | ||
| It'll probably mean, eventually, less content from me in terms of my other two channels as I start focusing on the administrative of the core business, hiring more people to do the work that I do, but probably this show will always remain Tim Guest IRL. | ||
| But I'm just, I'm really excited to expand. | ||
| I can't wait till we have, you know, ten reporters, you know, ten different video producers, we're doing skits, we're doing comedy, we got sitcoms, we got movies, and we're heading in that direction, and it's thanks to you guys who are becoming members at TimGuest.com. | ||
| So it'll come soon. | ||
| I think in the next week or so is our timeline for the newsrooms. | ||
| It's coming very soon. | ||
| Let's read these Super Chats. | ||
| And again, thanks so much for smashing the like button and subscribing and sharing the show. | ||
| All right, let's see. | ||
| Brian Davis says, first Super Chat ever. | ||
| Been listening to you for about three years now and I can't say I regret it. | ||
| Ian and Lydia, keep him in line. | ||
| Okay, there you go. | ||
| All right, Angela Lucarelli says, 55 years old, bought more than one of the BioTrust's products. | ||
| They are great, love them. | ||
| I love them. | ||
| They really are good. | ||
| Yeah. | ||
| I'm fairly picky on a lot of the sponsors. | ||
| We do, so like, I'm actually one of the worst people to work with because, I kid you not, I get a bunch, I don't want to, I'm not going to name any companies because I don't want to disrespect them, but I get like, you know, three or four emails and they're like, how about this? | ||
| And I'm like, I have a bunch of restrictions on what I'm willing to say. | ||
| Yeah. | ||
| It has to be like totally honest and legit. | ||
| I won't endorse anything I've never used. | ||
| And I got asked to do a sponsor, I was like, nah, I'm not doing it. | ||
| Never gonna happen. | ||
| But I legit, like the Biotrust stuff, I wanna give a shout out to Biotrust. | ||
| That product's really good. | ||
| I love that they have no color in their stuff. | ||
| It's like smooth and silky like sand. | ||
| It's even finer than sand, you know, it's just like pure collagen crystals. | ||
| It's like powdered sugar almost. | ||
| If my wife is watching, she's gonna make sure that I get some. | ||
| She's always trying to say like, you need this, you're aching here, you're aching there, you need this, it'll be better for you. | ||
| My left side. | ||
| I'll check it out. | ||
| I ate it. | ||
| We have a phrase, but I can't say it. | ||
| I ate ish. | ||
| Skating the other day. | ||
|
unidentified
|
Oh. | |
| Skating? | ||
| Brutal. | ||
| It wasn't even, it was like, I twisted. | ||
| And so now I've got some muscle strains. | ||
|
unidentified
|
Oh no. | |
| And it's brutal. | ||
| We gotta get that inversion table. | ||
| Yes. | ||
| Hanging upside down, brah. | ||
| Gonna be good. | ||
| But yeah, man. | ||
| So, inadvertent shout out. | ||
| Thanks for the super chat, Angela. | ||
| Alfie says, if you're talking about inflation, please bring on Peter Schiff. | ||
| Here's what I would love to do. | ||
| Max Keiser and Peter Schiff. | ||
| Can we make that happen? | ||
| Yeah! | ||
| That'd be the debate or the conversation of the decade. | ||
| How do we make that happen? | ||
| Can we do that? | ||
| So, what I found with Peter Schiff is that he's incredibly hard to get a hold of. | ||
| Trust me, I've tried. | ||
| But if you can find a way to make it happen, I'd love to do that. | ||
| It would be so amazing to have him and Max Keiser. | ||
| Because Max is such a character. | ||
| He'd be like, Peter, shut up! | ||
| No, you're wrong! | ||
| And then he fires the money gun at him. | ||
| Oh gosh. | ||
| When Max came on, he had the money guns and he was spraying money. | ||
| He was like, it's fiat, it's worthless! | ||
| Max was hilarious. | ||
| Interesting person. | ||
| I'll fight you naked says a letter to a woke heart on medium by Alexander. | ||
| I'll just keep paying until someone reads it. | ||
| I did read it. | ||
| I read it. | ||
| I read part of it yesterday. | ||
| What is it? | ||
| It's just a note and it's trying to figure out what's going on, why people are woke. | ||
| I haven't gotten through the whole thing, but I will, I promise. | ||
| Payne Martinson says, Tim must love El Salvador right now. | ||
| Oh, you know it. | ||
| Luke posted he's going to El Salvador. | ||
| He's like, who's coming with me? | ||
|
unidentified
|
Really? | |
| Yeah, El Salvador just made Bitcoin legal tender. | ||
|
unidentified
|
Yeah. | |
| Wow. | ||
| So now people are saying Tesla's forced to accept it in El Salvador if they want to sell Teslas. | ||
| That's funny. | ||
| Yeah, that's crazy. | ||
| That's what I'm talking about. | ||
| You know, it's funny when people say, oh, Bitcoin, I don't understand it. | ||
| It makes no sense. | ||
| And I'm just like, here's the only thing you need to understand. | ||
| Goldman Sachs said it was a new asset class. | ||
| JPMorgan, Wells Fargo, whatever, a bunch of these firms, I think those are the correct ones, I could be wrong, have been now advising their clients to purchase this for investment. | ||
| I'm pretty sure the ultra-wealthy elites aren't planning on losing money on this one. | ||
| And China put a bunch of money in it too. | ||
| And they keep manipulating the market, probably to buy more. | ||
| Dan N says, gold and silver is the only way to get through this simple as that. | ||
| Now, that's mostly true. | ||
| It's not the only way, okay, so it's not true, but it is. | ||
| Gold and silver are excellent. | ||
| They absolutely are excellent, and I won't advise anybody on what to do, but I personally won't just buy crypto. | ||
| I've got silver and gold as well, and copper. | ||
| I think platinum and palladium are also fascinatingly awesome. | ||
| Things you can do stuff with. | ||
|
unidentified
|
Yeah. | |
| Alright, let's see what we got here. | ||
| Tom Wark says, Your POTUS came to Great Britain, tried to bully our GOV about the Northern Irish Protocol. | ||
| Our elected Democratic MPs went bananas. | ||
| The US staff had to walk it back very quickly. | ||
| Your thoughts? | ||
| Mine? | ||
| God help us. | ||
| When he does Putin. | ||
| Oh, Biden's a mess! | ||
| You know, at a certain point, have you guys ever seen Galaxy Quest? | ||
| Yes. | ||
| Part of it. | ||
| So, you know Tony Shalhoub's character? | ||
| For those that aren't familiar, they go on this actual... They're basically a parody of Star Trek, and they're actors, has-beens, and then real aliens come, and they get to go on the actual spaceship, and everyone's kind of like freaked out and stressed. | ||
| Sigourney Weaver. | ||
| Yeah, Tim Allen. | ||
| But Tony Shalhoub is just like, uh... | ||
| I guess they're saying we're going to blow up, but we don't get it. | ||
|
unidentified
|
Whatever. | |
| And he's just like laughing and like, this is ridiculous. | ||
| That's how I feel. | ||
| It's like we're, it's like, it's, it's just like watching, you know, ships are exploding in the sky. | ||
| Buildings are falling over and I'm just laughing like, what am I going to do? | ||
| There's a disembodied feel to it. | ||
| It's like, he's going to, what? | ||
| He's going to talk to Putin. | ||
| All right. | ||
| I'm just laughing. | ||
| We'll see what happens. | ||
| It's going to be hilarious. | ||
| And then it's like I imagine the way I imagine it's like the first time you watch Biden go on an international trip | ||
| It's just like you're sitting there and your pajamas you're watching TV and you're just like, oh geez Biden | ||
| What are you doing? | ||
| The second time he does it you're sitting there and you're wearing like, you know | ||
| You got your armor about you got your armor on your level three or whatever and you're like, it's getting crazy out | ||
| there Then you hear it you hear a noise and you like, you know | ||
| chamber around you like what was that? | ||
| And then he goes and meets Putin and it's like your house is half destroyed your TV's there and it's flickering with | ||
| the image of Biden And you're standing there with pan under your eyes and your | ||
| AR and you're like those were the days This is all you know, it's just it's just a downward spiral | ||
| of Biden saying stupid things at least Trump scared people You know, they were scared when Trump came in. | ||
| And the situation was different when Trump came in. | ||
| We weren't in a hyper or heading towards hyperinflation. | ||
| There was no pandemic. | ||
| So Biden's got all that kind of clouding is. | ||
| The other thing is Biden's going in now and Putin and every other world leader. | ||
| Allies and adversaries know the role that Joe Biden played in this Russiagate nonsense, trying to frame Donald Trump as a Russian spy. | ||
| I find it nuts and very dangerous. | ||
| The idea that these guys were behind it and now they're going to go and they're going to challenge and threaten Putin after what these guys did. | ||
| This is bad. | ||
| Yep, yep. | ||
|
unidentified
|
All right. | |
| Hostile Bogey Inbound says, I put all my money in Moonshine. | ||
| So many practical uses. | ||
| When it hits the fan, I'm ready. | ||
| Yeah, actually, we talked about this. | ||
| Let me ask you, what do you think is the most commonly used household item that is also the hardest to produce? | ||
| I mean, moonshine? | ||
| I'm gonna say bourbon. | ||
| I don't know. | ||
| What? | ||
| I mean, alcohol. | ||
| What do you got? | ||
| I don't know. | ||
| I don't know. | ||
| I think actually alcohol might not be that difficult to produce. | ||
| So, maybe like antiseptics. | ||
| Bleach. | ||
| I think, you know, Ian mentioned bleach the other day. | ||
| Bleach was running out. | ||
| There was like a bleach shortage. | ||
| There's a chlorine shortage right now. | ||
| So I think, I don't have a ton of uses for bleach, personally. | ||
| I'm not gonna put bleach in my wounds. | ||
| It's an amazing cleaning substance. | ||
| But mouthwash. | ||
| You can clean a wound with it. | ||
| You can salt with it. | ||
| Salt's another good one. | ||
| Yeah, it's it's antiseptic. | ||
| Isopropyl alcohol is limited. | ||
| Honey. | ||
| The honey that we use most. | ||
| That's most difficult to produce. | ||
| Yeah, I think it might be antiseptic. | ||
| How would you even make, you know, ethyl alcohol and. | ||
| I don't know. | ||
| I suppose it's not that difficult to make. | ||
|
unidentified
|
I don't know. | |
| But it's not easy, but it's very common. | ||
| That's a very good question. | ||
| I think about this. | ||
| If, you know, one of the biggest problems with infections before we had antiseptics was, like, you'd lose an arm, you'd die, you'd get sepsis. | ||
| Now you get a cut, you walk through the woods, you splash some, you know, rinse it off, you put some antiseptic on it, and then you're good. | ||
| So it's a really important thing to have. | ||
| I bought a bunch of Manuka honey, which is apparently the most medicinal honey on the planet. | ||
| It's a specific type of honey. | ||
| It has this stuff, MGO, I don't know what it stands for off the top of my head, but I got like the highest rated, most medicinal Manuka in the world you can order. | ||
| And it was like hundreds of dollars to buy. | ||
| Wait, can you eat this? | ||
| You can eat it and it's delicious! | ||
| Delicious! | ||
| It is so sweet and pure. | ||
| So it's medicinal. | ||
| Do you put it on? | ||
| You put it in a wound. | ||
| If someone gets a horrible, you know, if someone gets a wound, you can pack it in and it'll act as a disinfectant. | ||
| Fascinating. | ||
| I used to work with a wound nurse and we would pack people's wounds. | ||
| We would use silver and we used honey and we used these really thin strips of like this silvery fabric. | ||
| It was super interesting. | ||
| I love that job. | ||
| Patrick Giles says, Tim, can you get Brett Weinstein on a talk about Ivermectin and the crime of the century? | ||
| I would love to. | ||
| Definitely, we've invited them before, but you know, when people are running their own shows, it's really hard. | ||
| But absolutely, I'd love to reach out to Brett and Heather and have them come out when they're available. | ||
| So we'll look into that. | ||
| We are going to talk about Ivermectin soon. | ||
| Well, if we can, YouTube bans people when they do. | ||
| No joke. | ||
| We'll see. | ||
| Yep. | ||
|
unidentified
|
All right. | |
| ZeroRedFox says, Brett Weinstein just posted a discussion with a top virologist and engineer called How to Save the World in Three Easy Steps. | ||
| I love that guy. | ||
| It's mind-blowing what the data reveals, and I urge everyone to watch it. | ||
|
unidentified
|
Wow. | |
| Definitely. | ||
| Dude, Brett is a power. | ||
| He's a cool dude. | ||
| Yeah, big fan. | ||
| Rampton6600 says, Tim, the Karen thing is super racist. | ||
| What if we were talking about the Pablos and the Laquishas? | ||
| Or how about those Chans, Mohammeds, and Sanjayas? | ||
| That's a good point. | ||
| All right, fair enough. | ||
| Wait, but what do those names mean? | ||
| All white people? | ||
|
unidentified
|
It's just different ethnic names. | |
| I got a kick out of that comment. | ||
| Jason Moon says, don't forget, most truck drivers are conservative and probably won't be let into New York. | ||
| I'm okay with that. | ||
| If you want to stay in New York, there you go. | ||
| B. Anderson says, possible drought solution. | ||
| It's going to be a big project, but if we can dig a huge canal through the desert areas of southwest United States, natural salt filtration, saltwater brackish fresh. | ||
| I mean, yeah. | ||
| Why don't we? You know what? I just want, I think I'm interpreting that thing about the truck drivers | ||
| driving into New York a little differently. What if the person is saying, and maybe this is what | ||
| they're saying, that when we're talking about how New York can hurt Texas or Texas business, | ||
| maybe the point is like, well, which I've heard other people speak about it different times, like | ||
| why don't conservatives just say we're going to put an embargo on New York? | ||
| You want shipments? | ||
| You're not getting shipments. | ||
| You need this kind of work. | ||
| You need that kind of work. | ||
| Because remember, New York is not... New York, it's partly a blue city. | ||
| There are other parts that are not, right? | ||
| Staten Island, a lot of Queens still, parts of Brooklyn still. | ||
| That's exactly what I'm talking about. | ||
| That leads to the physical separation and divide, which ultimately leads to war. | ||
| I'd rather have compacts, as you were speaking about before, business compacts. | ||
| I think that the hyperpolarization, the fact that it's the matrix. | ||
| The leftists, the Democrats, they live in a paranoid, psychotic, delusional reality. | ||
| They think that the conservatives, they think shows like this are all QAnon. | ||
| Because they live in a paranoid, delusional state. | ||
| Now, a lot of the Q people believe absolutely insane things for insane reasons, but most non-woke, anti-woke, anti-establishment, disaffected liberals, moderates, intellectual dark web, conservative, etc. | ||
| Regular people with difference of opinions that are paying attention to the news and actually watch the videos. | ||
| But you have this very dominant establishment faction that literally believes Trump's a Russian spy. | ||
| My favorite was when Chris Hayes had that guy on who said that Trump may have been a Soviet spy since the 80s. | ||
| Like, the Soviet Union's gone, dude! | ||
| There were a number of them who said that, yeah. | ||
| Serious psychopaths. | ||
| And that is the establishment. | ||
| That is the mainstream line. | ||
| You go to a regular Democrat and they'll say, I don't know. | ||
| I think it's true. | ||
| Right. | ||
| No, I know. | ||
| That's what's scary. | ||
| You look at what they've been covering for at least the last five years, and now we're all going to have to go back and go back before it. | ||
| What else have we totally been misled about? | ||
| Oh, I would love to go into that. | ||
| We can do that later tonight. | ||
| Yeah, so much. | ||
| On the after show or something. | ||
| The comedian says, words offer the means to meaning, and for those of us who will listen, the enunciation of truth. | ||
| And the truth is, there is something terribly wrong with this country, isn't there? | ||
| Alan Moore, Beaver Vendetta, an excellent line. | ||
| Great movie, by the way, I like this. | ||
| Oh, he wrote Watchmen, right? | ||
| Alan Moore? | ||
|
unidentified
|
Yeah. | |
| I didn't know that was the same guy. | ||
| Yeah, dude, I've seen a lot of Watchmen lately. | ||
|
unidentified
|
He's legit. | |
| Yeah, he was making a point. | ||
| It was really funny about people who are identifying with Rorschach from Watchmen. | ||
| He was like, he's an awful, like, moral absolutist who doesn't bathe. | ||
| Like, you're not supposed to like the guy. | ||
| But people did. | ||
| I'm like, yeah, you're not supposed to. | ||
| All right. | ||
| Fisk the Loanbacks says, Buying real estate allows rich people and businesses, domestic and foreign, to dump their U.S. | ||
| dollars before the value of the dollar tanks from inflation. | ||
| Yep. | ||
| That's a good point. | ||
| And they can buy it marked up and just put their money somewhere. | ||
| It also, uh, I think I could be wrong about this, but I'm pretty sure if you aren't an American citizen, you can still start an American corporation. | ||
| So long as you have the money, and then you can use that corporation to sponsor yourself, and hire yourself, and so it's like a way people come in. | ||
| This real estate story that you're talking about, and I'm not just talking about the thread, I'm talking about generally, this is really important, and really big for a number of different reasons. | ||
| I think this is something that people will be, I know you guys will be, but something that people are going to be talking about a lot because it's a big deal. | ||
| The real estate thing? | ||
| Yeah, I mean generally, the number of people who are buying real estate, what it looks like, if there are foreign interests involved. | ||
| There are. | ||
| China's been buying up vast swaths of western land and farmland. | ||
| Right. | ||
| They're doing it all over the world. | ||
| And different residential homes all over. | ||
| The best thing is it's that basically the federal government wants China to have U.S. | ||
| dollars to maintain the petrodollar. | ||
| Then China then uses those dollars to strip away our assets and resources so that we eventually collapse. | ||
| Victims of our own broken system. | ||
| And greed. | ||
| Yep. | ||
| I believe that, for the most part, the establishment Democrats and Republicans are like, well, this party's over. | ||
| Before we get kicked out of the House, I'm gonna go steal the fine china and silverware. | ||
| Oh no, I think that's true. | ||
| I think a lot of them have totally given up. | ||
| I think that they've just said, forget it. | ||
| I'm like, look, everyone else is doing it. | ||
| Why don't I get cut into- Look. | ||
| I know how they feel. | ||
| Get invited to a nice Upper West Side party in Manhattan, this really nice luxury penthouse. | ||
| The cops show up and arrest the guy who lives there because he's got drugs. | ||
| And then everyone's shrugging, and some guy just starts grabbing the silverware. | ||
| It's like fine silver, and putting it in their pocket, and you're like, eh, screw it. | ||
| You pull a painting off the wall and you walk out. | ||
| You know, hey, party's over, might as well take some stuff with us. | ||
| It sounds like a scene from a dark mirror version of Trading Places, when Eddie Murphy is living in the... Maybe if I do run for office, it'll be under that completely honest stance. | ||
| It's like, I have no policy positions, but if you vote for me, I can assure you, I will do everything in my power to extract as much value from the working class for myself, and then just sit back and watch the rest of it burn to the ground. | ||
| I will not let the food go bad. | ||
| I'll make sure it gets eaten. | ||
| How will you deal with the rampant homelessness in Los Angeles? | ||
| I won't, but I will claim to and hold vast fundraisers to raise tons of money for my own personal endeavors. | ||
| Next question. | ||
| Yes, I'm worried about the working class wages. | ||
| I don't care. | ||
| You're on your own, but I will pretend to care to hold fundraisers and then, you know, go buy an infinity pool or something. | ||
| Before it all falls apart. | ||
| FunGuy says the value of a house is what someone is willing to pay for it, whether that is a private citizen or a private business. | ||
| All that is happening is people don't want to pay what the market is demanding. | ||
| Well, I suppose the issue is when all of the homes are owned by one big firm, it'll be like Ukraine. | ||
| Have you ever been to Ukraine? | ||
| I have not. | ||
| So I was looking at housing prices. | ||
| I was like, I wonder how much it costs to live in Kiev. | ||
| It's like comparable to American prices. | ||
| Really? | ||
| I'm like, how is somebody who makes 400 bucks a month, like the average wage for a lot of Ukrainians. | ||
| In Ukraine, right. | ||
| Well, it's oligarchs around the country. | ||
| Right. | ||
| It is a small handful of ultra wealthy. | ||
| And that's who lives in Kiev, right? | ||
| The oligarchs. | ||
| Well, no, you rent from them. | ||
| So rent is really cheap, but property is extremely expensive. | ||
| Ooh, maybe that's what we're gonna see. | ||
| Maybe that's the idea. | ||
| Yeah. | ||
| It seems like a bad investment for an American to buy property in Kiev because the amount of rent you'd get from it is not gonna be that much. | ||
| But for the oligarchs, they own it all. | ||
| You have no choice. | ||
| You are serfs. | ||
| Alright, TooGoodGaming says, Hey Tim, been following since 2018 and I listen every day. | ||
| Thanks for the work you do, bro. | ||
| And everyone, make sure to check out the Fresh and Fit podcast. | ||
| Absolutely. | ||
| You know what I was thinking of doing? | ||
| I want to hire somebody who is just like a gym rat, who likes eating healthy, and then have them just be in the house. | ||
| And I was like, we should get a board. | ||
| With like all of the people who work here. | ||
| And you have to do a certain amount of exercise. | ||
| And if you do the right amount of exercise, like 30 minutes a day of simple stuff, plus you eat the meal that the health fitness guru says you should eat, you get a golden star. | ||
| But if you get five golden stars in a week, you get a bonus. | ||
| Oh my gosh. | ||
| Wouldn't that be great? | ||
| Is the golden star made of copper? | ||
| No, he's a little, you know, those little stickers. | ||
| That would be cool. | ||
| That would be cool. | ||
| Incentive-based. | ||
| I like that. | ||
| Yeah. | ||
| So, like, one day he'll be like, Ian, bro, like, I need 15 sit-ups from you, bro. | ||
| I don't need the star! | ||
| Then yank it. | ||
| You're not gonna get a bonus, bro. | ||
| I'm telling you, bro. | ||
| What's the bonus? | ||
|
unidentified
|
I like it. | |
| I don't know. | ||
| From week to week, it changes. | ||
| Yeah, no, no, no. | ||
| It'd just be like a cash bonus. | ||
| Oh, okay. | ||
| Yeah, I'm pretty sure. | ||
|
unidentified
|
That sounds great. | |
| Because I'm pretty sure health insurance companies lower your rates if you do something like that. | ||
| They do, yes. | ||
| So you can pass the savings. | ||
|
unidentified
|
Oh! | |
| If you don't smoke or whatever. | ||
| I like that. | ||
| Pass the savings on to you. | ||
| Yep. | ||
| And I think the idea of having a company of people who are healthy, fit, sharper, stronger, faster, you know. | ||
| I love it. | ||
| Oh, there goes the distance. | ||
|
unidentified
|
Yeah. | |
| I like it. | ||
| It's like 15 minutes of aerobic, 15 minutes of anaerobic, and you've got to eat a lean meat with some vegetables. | ||
| A lot of kale. | ||
| A lot of kale. | ||
| Yeah, we're growing kale. | ||
|
unidentified
|
Oh yeah, kale's great to grow. | |
| I ate a lot of pizza the last couple days. | ||
| No gold star! | ||
| No gold star for me, but what I noticed is it's different than just not eating vegetables. | ||
| If you just don't eat vegetables, that's one thing, but if you eat other crappy, like bread instead, it's way harder to get back. | ||
| I was feeling hungry because I didn't have nutrients, but I was full. | ||
| So it's not that you don't have nutrients, it's that you're taking in a bunch of carbs, they fill up your belly, but they hit your bloodstream really fast, the sugar goes really fast, and suddenly you're hungry again. | ||
| So you end up consuming more calories than you would otherwise. | ||
| This is great, can I just, I gotta read this. | ||
| Slensder says, Blackrock isn't just accessing printer-go-burr money. | ||
| The loans they take out are guaranteed by the Fed, so if the house values fall, taxpayers pick up the bill directly. | ||
| And if they rise, taxpayers pay with inflation. | ||
| So you will not own the house, but you'll pay for it anyway. | ||
| Is it a U.S. | ||
| corporation? | ||
| says Tim Biden appointed multiple former BlackRock executives to his cabinet. | ||
| One to the Treasury. | ||
| BlackRock is manipulating markets and profiting. | ||
| Yeah. | ||
| That's where it is, man. | ||
| Is it a is it a US corporation? | ||
| I don't look it up. | ||
| I'm looking it up right now. | ||
| CL says BlackRock has been creating rental backed securities, which is the same thing | ||
| as a mortgage backed. | ||
| BR sells a bundle of the homes as a security. | ||
|
unidentified
|
Wow. | |
| Rental-backed securities. | ||
| What is it? | ||
| A rental-backed security. | ||
| How does that work? | ||
| The value of the security is based on the properties in which tenants are paying rent. | ||
|
unidentified
|
Huh. | |
| It's like the same thing as a mortgage-backed security, bro. | ||
| Interesting. | ||
| You've got a really interesting audience, too. | ||
| They're really with it. | ||
| Oh, yeah. | ||
| They're very... The smartest. | ||
|
unidentified
|
Yeah, right. | |
| No BS, man. | ||
| I find myself being goofy on this show and kind of like, it doesn't fly. | ||
| These people are too smart. | ||
| Thank you, guys. | ||
| That's why people are always yelling at Ian. | ||
| They're like, Ian... BlackRock is American. | ||
| Multinational Investment Management Corporation, whatever that means. | ||
| So maybe they're located in Panama. | ||
|
unidentified
|
I don't know. | |
| Yeah, if I could read every single super chit. | ||
| We used to early on, and then the show got bigger, and then it was like, there's just way too many. | ||
| And I'd read them really fast, and then I realized we're not really getting the super chits if we just speed read them. | ||
| So we gotta like, you know, try and talk about them. | ||
| Caliburt Neutral says, please do an imitation of Brian Stelter having an argument with his wife over if he should report lies, like the neutered monk on Game of Thrones. | ||
| I don't think I can do an impersonation of Brian Stelter because I don't watch him. | ||
| You know, so it's like, I can watch someone talk and then kind of imitate what they do and then try from there to create the character, but... I have to watch, I would have to watch some of his, uh, some of his stuff, and I don't... I mean, I've watched some of it, but not enough. | ||
| Rat number two says, Dad, this money isn't real. | ||
| It was printed by the Montana militia. | ||
| It'll be real soon enough, was a joke. | ||
| Now it's becoming reality with crypto and state currency. | ||
| Yeah, I mean, why don't we have state currencies? | ||
| You ever hear of the Ithaca Hour? | ||
|
unidentified
|
No. | |
| Negative. | ||
| Yeah, Ithaca, New York, for a while had their own... I know Ithaca, New York. | ||
| I lived there for a while. | ||
| They had their own currency. | ||
| It was called the Hour. | ||
| Interesting. | ||
| When was that? | ||
| How long ago did they have that? | ||
| I think it was like 10 years ago, and it started to fall out of use. | ||
| So I went there a few years ago, and they said they have them, but no one really cares anymore. | ||
| The thing about a local currency is that it can't leave your jurisdiction, so... What we saw with, like, Detroit, you had these auto manufacturers. | ||
| People worked for them. | ||
| When they left, people didn't have money anymore, so the local economy had nothing to spend. | ||
| But people were still producing things there. | ||
| There are still farms. | ||
| There's still food. | ||
| They just couldn't trade because they didn't have any money. | ||
| Money went somewhere else. | ||
| If you had a local currency, you could keep trading. | ||
| So I watched this documentary about it and they said once the Ithaca Hour came into existence, all of a sudden everyone's homes became amazing. | ||
| Because local labor, the currency was always there for the things people could do locally. | ||
| Can you grow food or buy computers? | ||
| No. | ||
| But, someone can fix up your bathroom. | ||
| And they would pay in the hour, and then the hour would circulate amongst them all like crazy. | ||
| So, it worked. | ||
| Would it get federal taxes taken out of it? | ||
| I don't know, probably. | ||
| Interesting. | ||
| Yeah. | ||
| Yeah, you gotta pay taxes on all of it. | ||
| Isidore Calderon says, I mean, it sells itself! | ||
|
unidentified
|
Yep. | |
| Come on, Abbott, get on this! | ||
| I like it. | ||
| Yeah. | ||
|
unidentified
|
Let's see, uh, Wizdo, or Wizd of Zaz. | |
| Never heard of that. | ||
| backs Tim. Several states accept them as legal tender. | ||
| There is an amount of physical gold commensurate with denomination of respective notes." Never | ||
| heard of that. Interesting. | ||
| Michael Wilson says, I got accepted to MSU for film studies today. | ||
| I'd love to take an internship writing short narratives or cast Castle. | ||
| Um, sure, but I'd be willing to bet film studies becomes gender studies very quickly and they're going to be like, the first lesson is the wokeness of how film was made or like the whiteness or whatever. | ||
| But feel free to send a message to jobs at TimCast.com where we go through and we're looking at people. | ||
| We're hiring a bunch of people. | ||
| We're mostly trying to fill the newsroom right now. | ||
| It's a slow process because I'm doing a lot of Q&A. | ||
| It's far from perfect. | ||
| Slow process. | ||
| I'd love to do what Vice does, or any of those big New York companies. | ||
| You hire one person, then say hire five people, and you walk away. | ||
| Yeah, but you see how that turns out. | ||
| I know! | ||
| You get a bunch of really dumb, woke people being like, Donald Trump is a fascist, part 42! | ||
| Oh gosh. | ||
| Yeah, we read that article before. | ||
| Move on. | ||
| All right. | ||
| Shaboingus says, Hey, just curious why you don't stream on Rumble. | ||
| I'm a member at your site, but wouldn't it be good to promote free, non-YouTube platforms while you still can? | ||
| Uh, we have to do a ton. | ||
| I wish we could just... Let me put it this way. | ||
| We are not just, like, a camera in front of a computer. | ||
| Like, a lot of YouTubers will have a webcam and turn it on and just talk. | ||
| We have a big computer with... I would say we're pro-sumer level. | ||
| We're not consumer, but we're not pro. | ||
| We don't use TriCaster. | ||
| We're using just regular, you know, amateur streaming gear. | ||
| But we're upgrading. | ||
| And that makes it really difficult to just switch up the whole system. | ||
| So we actually have to get new tables built for camera positioning. | ||
| We have to get special lights. | ||
| We're moving the studio into a different room, which is bigger and better. | ||
| And we're getting a new computer sent here hopefully soon. | ||
| It's been two months. | ||
| Maybe it'll work. | ||
| I don't know, there's a chip shortage and the apocalypse and all that, so... Yeah, I wish it were so easy, but we are planning this. | ||
| We started uploading to Rumble, and we are planning on doing multi-platform streams and all that stuff, but ultimately we'll see how it plays out. | ||
| Alright. | ||
| BigMacAttack says, only problem about cryptocurrency is that it requires tech. | ||
| In a war, a high altitude nuke could EMP the whole country. | ||
| Boom all electronics fried, including cold storage, unless you have it shielded. | ||
| Physically backed currency a la gold, standard safer. | ||
| Here's the problem with gold. | ||
| Gold and silver. | ||
| Why are they valuable? | ||
| Uh, silver has medicinal properties. | ||
| Gold also, you could argue, has medicinal properties. | ||
| Other than that, you can make superconductors out of it. | ||
| Yeah, they're hard to find. | ||
| Initially, gold was easy to stamp because it's soft and it was rare. | ||
| So it was easy to take this metal and hard for them to counterfeit, hard for them to produce. | ||
| And so it became valuable. | ||
| If you found gold, you could be like, Ooh, I can give this to them. | ||
| They can stamp it. | ||
| We have legal currency. | ||
| So gold is scarce. | ||
| It becomes valuable. | ||
| People have confidence in it. | ||
| Cryptocurrency is valuable for basically the same thing. | ||
| Bitcoin's basically the same thing. | ||
| Other cryptos are more like stocks or securities. | ||
| Now what happens if the total economy of the planet collapses? | ||
| None of its worth anything all that if everything remained in place, but the economy would just everything was at zero | ||
| all the sudden No, I mean like the apocalypse happens like all the | ||
| electricity gets knocked out. Yeah Gold is not gonna be worth anything. Oh food is where it's | ||
| at water food and water. Yeah. Yeah, that's the point I make you know Alex Jones would be like buy your gold | ||
| people and I'm like I'll tell you this if If I walked up and I saw you know you Lee on my left and | ||
| Ian and I said I got this you know roast beef with Swiss and | ||
| and oh, and Dijon mustard, and a bottle of water. | ||
| Or, I'm sorry, not the bottle of water, just a Dijon sandwich. | ||
| Who wants it, and what can you trade? | ||
| And Ian, if you offered me gold, I'd be like, uh-huh, what do you have? | ||
| And if you mentioned you had a bottle of water, I'd be like, deal. | ||
| I don't need gold. | ||
| What am I going to do with it? | ||
| Put it in my pocket? | ||
| It's heavy. | ||
| It's hard to transport. | ||
| Yeah, you could argue that the currency only ever got created after society had been established. | ||
| Because we had access to food and water. | ||
| Like the farming communities of the Mediterranean. | ||
| Water is heavy and hard to carry, but you need water. | ||
| You need to drink it. | ||
| So I'm like, meh. | ||
| Gold is good. | ||
| It is. | ||
| But any kind of confidence-based value system is predicated upon a functioning economy of some sort. | ||
| Even if it's a rudimentary economy. | ||
| So I think about... That's what I mentioned. | ||
| Mouthwash. | ||
| Someone's gonna be like, what do you have to trade? | ||
| And you're gonna be like, I have a gold coin. | ||
| What am I supposed to do with that? | ||
| Carry extra weight for no reason? | ||
| I got a bottle of mouthwash. | ||
| I need to clean a wound. | ||
| I have silver mouthwash. | ||
| You guys ever use that stuff? | ||
| Oh yeah? | ||
| The best of both worlds. | ||
|
unidentified
|
Yeah. | |
| Perfect. | ||
| Tastes great. | ||
| Alright, we'll do a couple more here. | ||
| A couple more stupid chits. | ||
| Yvonne Lee says, Tim, please shout out to Noodle Blossoms. | ||
| They keep spamming the chat saying how much they love your show, saying it's the best, and want your autograph. | ||
| Hey, thank you very much. | ||
| OG Boxer says, as a libertarian, I can't believe I'm saying this, we need to re-establish Glass-Steagall. | ||
|
unidentified
|
Ha! | |
| What is that? | ||
| I'm going to butcher it if I try to explain it, but I think it separated standard bank accounts from being used as investments. | ||
| Is that right? | ||
| Am I wrong about that? | ||
|
unidentified
|
It's been a while since I've gone over the Glass-Steagall stuff. | |
| But basically my understanding was, individuals who put their money in the banks, the banks couldn't use that for giving out loans. | ||
| It's it's crazy how as a libertarian, I because I think myself pretty, pretty aligned with libertarian, but when I find myself being like, we need to make this illegal, we need to use the government to do like, there's just no ideal. | ||
| Oh, okay, here we go. | ||
| Rick Ortiz says, did you see Jeffrey Lubing was rehired by CNN? | ||
| If you're a leftist, apparently you can mostly peacefully get rid of the elderly and stroke it into a Zoom video chat. | ||
| Was he rehired? | ||
| I saw he was on TV. | ||
| I thought I saw something that CNN had forgiven, but I may be mistaken. | ||
|
unidentified
|
I don't. | |
| That would be strange, but not the strangest thing that's happened in the press over the last few years. | ||
| What was that guy's story? | ||
| Not family friendly. | ||
| Defer to offline conversation. | ||
| Yes. | ||
| He did unwise things. | ||
| Yes, in a meeting. | ||
| Oh, I heard about that. | ||
| That's awesome. | ||
| In a Zoom meeting. | ||
| Is it though? | ||
| Ski Man from Toronto says, Hey Tim and crew, love the show. | ||
| You've been one of the few accurately portraying IRL news. | ||
| Ontario, Canada finally opening out of lockdown tomorrow with barely any freedom. | ||
| It's brutal. | ||
| Trudeau and PCR love. | ||
| Tsk tsk. | ||
| Yeah, man, I've been hearing how awful it is. | ||
| Really bad. | ||
| And you know that guy's not locked down, Trudeau. | ||
| He's probably running around free. | ||
| Of course! | ||
| Rules for thee, but not for me, baby. | ||
| My friends, if you haven't already, give us a nice little like. | ||
| Tap that little like button. | ||
| Subscribe to this channel, and as always, share the show with your friend. | ||
| You can take this. | ||
| People can watch it in its entirety. | ||
| If you think the conversations we're having are important, please consider sharing it. | ||
| And to put it simply, if you think we deserve more views than CNN, then help us do that by sharing the show. | ||
| If you're listening on any podcast platform, word of mouth is the best thing. | ||
| Leave us a good review. | ||
| You can follow the show on Facebook and Instagram at TimCastIRL, and share our videos there to help us grow as well, because we're trying to leverage all of this to get people to go to TimCast.com. | ||
| And I'm hoping that we can have a big network. | ||
| Hopefully within a year, we've got a massive functioning newsroom. | ||
| You know, I always see these leftists, and they're like, here are the top ten performing links on Facebook, and it's like, you know, Ben Shapiro, Ben Shapiro, Daily Wire, Ben Shapiro, Dan Bongino, Dan Bongino, Fox News, Daily Wire, and I'm like, we gotta get a TimCast in there. | ||
| We're going to start doing that. | ||
| And then eventually, I want them to start yelling, why is TimCast getting all of these clicks? | ||
| Because people share our content, and we're better than the mainstream media. | ||
| But it would be nice, and I'm looking forward to that, so thanks for the support. | ||
| You can follow me personally at TimCast basically everywhere. | ||
| And of course, this show is live Monday through Friday at 8pm, so don't forget to come live, hang out. | ||
| Do you want to shout out your book maybe, or anything else? | ||
| I want to thank you guys. | ||
| Thank you for inviting me on. | ||
| It's been a huge, huge pleasure. | ||
| A lot of fun. | ||
| And yeah, your audience just getting a sense of it right there is really interesting, really devoted, really smart. | ||
| So thank you all for including. | ||
| Thanks to your audience for welcoming me here. | ||
| What was the name of your two books? | ||
| The Plot Against the President and The Permanent Coup. | ||
| Actually, I wrote another book in 2010 called The Strong Horse, and that's about the Middle East. | ||
| Oh, so that was. | ||
| Oh, what's that about? | ||
| No, that was about the Middle East. | ||
| I lived in Cairo and Beirut for a bit. | ||
| And so I was reporting from there, trying to explain the different things that were going on and how we misunderstood 9-11. | ||
| We took it too personally. | ||
| Thought it was about us. | ||
| It was not about us. | ||
| It was about different fights going on in the Middle East. | ||
| I would love to talk about that. | ||
| OK, I look forward. | ||
| And what's your Twitter so people can follow you on Twitter? | ||
| Lee Smith. | ||
|
unidentified
|
D.C. | |
| Thanks, man. | ||
| You know, there's not much I love more than supporting my friends and seeing them thrive. | ||
| So if you want, you can buy a T-shirt, a We Are Change T-shirt from Luke Rutkowski and We Are Change. | ||
| I don't know where, but it's on the Internet somewhere. | ||
| And also go to TimCast.com and check out the shop. | ||
| Why don't you go get one of those t-shirts? | ||
| Or a mug, maybe, with my likeness on it. | ||
| Oh, yes. | ||
| I also wore my We Are Change t-shirt today. | ||
| It said, uh, make 1984 fiction again. | ||
| And, I just looked this up, Jeffrey Toobin is back at CNN. | ||
| Yes, you can literally get away with some gross things. | ||
| Oh, man. | ||
| Maybe we can talk about that in the bonus segment. | ||
| And then maybe something more serious. | ||
| All right, if you haven't already, go to tipguys.com, become a member, smash that like button. | ||
| We will see you in the bonus segment. | ||
| It usually goes up around 11 or so p.m. | ||
| Thanks for hanging out and we'll see you all there. |
Export Selection