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March 26, 2024 - Tim Pool Daily Show

01:38:10

Francis Scott Key Bridge COLLAPSES, Rumors FLY Of CYBER ATTACK Or DEI Pilot, Black Swan Event FEARED

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tim pool

01:34:12

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josh hammer

00:29

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tim pool ▲ ● ▼		Make sure to head over to TimCast.com, click join us, and become a member to support our work directly, because this show is made possible thanks in part to viewers like you.
		If you like the work we do, become a member, and you'll also get access to uncensored, members-only shows from TimCast IRL, Monday through Thursday at 10pm.
		You can also join our Discord server and talk with like-minded individuals.
		Now, let's get into that first story.
		DJT is officially live.
		That's right, my friends.
		Digital World Acquisition Corp is now trading under the DJT ticker, and shares have jumped as much as 50%.
		They've gone down a little bit, but this means that Donald Trump just got a billion dollars richer.
		Maybe a little bit more.
		The jump in shares has resulted in Trump becoming one of the top 500 wealthiest people on the planet for the first time.
		I believe it's the first time.
		Trump, of course, has always been a billionaire, but now he's a more billionaire.
		Basically, this is Truth Social completing their merger and now trading under DJT.
		As of the recording of this video, We're looking at Trump Media and Technology Group Corporation, DJT, around $69.58.
		Of course, Donald Trump owns just over half of these shares in this company, giving him billions, billions of dollars.
		What we are seeing, my friends, not only is it's hilarious and good for Donald Trump, this is amazing, but we're seeing something very interesting in the future of politics.
		Donald Trump, I'll put it this way, not only is he becoming extremely wealthy based on his holdings here, individuals have made a ton of money.
		It's kind of weird.
		Instead of donating to Trump, you have this phenomenon where Trump supporters just buy stock in his company and hold onto it.
		And if the demand for a share in DJT is greater than the supply of shares, the value just keeps going up.
		Then, Trump can slowly offload these shares and finance anything he wants to do through his supporters.
		This is really, really fascinating.
		Now, full disclosure this morning, upon seeing this, I decided I should probably buy some of these shares, and I bought just around a dozen or so.
		Not significant at all.
		I was just like, you know, I'll buy some, I guess.
		Whatever.
		So I just want to make sure that's clear.
		Normally, I don't like buying shares in companies that are public-facing like this because of my involvement in reporting the news.
		But the handful of shares that I bought I don't think are significant in any way.
		I don't know how long I'll hold on to them.
		I may just literally hold them forever because my holding... The reason I bought it is not because I'm like, this seems like sound investment.
		I should purchase this share.
		The company's prospects look pretty good.
		No, I gotta be honest.
		I'll tell you my thoughts and opinions on this.
		Buying the DJT shares is more like buying a piece of history.
		When I realized the power of what Trump has just done and how this will alter electoral politics in this country forever, I was like, I'd like to actually claim some of these shares and purchase a couple of these.
		So I did.
		That's why I didn't buy a whole lot.
		But what this means is that instead of doing direct donations, Donald Trump made billions of dollars.
		Imagine any, any politician doing anything like this.
		Because when you join the political fray, you get supporters.
		They put you on the stage.
		Now, you gotta break that barrier, get up on stage, be in the primary, be a frontrunner.
		But look at Donald Trump.
		Trump, of course, is a massive force.
		So, of course, there's going to be people buying into these shares because if you want to follow Trump, Trump's on Truth Social.
		That's a big social media platform led by Donald Trump.
		Trump can go on his platform.
		Imagine this.
		I mean, this is this is it's remarkable.
		It's insane.
		It's brilliant.
		And it worries me.
		Who's going to donate to Donald Trump?
		Did you donate to Donald Trump?
		I know many of you are commenting saying, yes, I did.
		And I'll do it again.
		Good for you.
		Many of you didn't.
		Many of you would vote for the guy, but wouldn't donate to the guy.
		Now see, this is where Trump says, I don't need your support, I need your greed.
		When people see a 50%, yesterday it was 35, then 50, boom!
		Or I think it's 50 as of like the other day.
	Oh no no no, jumps as much as 50% after the debut.
	I gotta tell you, as of yesterday, the people who invested in Trump's plan, significantly, they just became very wealthy.
	I mean, we're looking at 35 to 50% gains.
	You don't get that historically on the market.
	You gotta get lucky.
	Trump knows this.
	Which means there's gonna be people who aren't even supporters of his, who will buy into DJT shares, knowing that Trump's supporters will not let the price fall.
	So basically, it's like this.
	Let's say you've got a hundred shares, and it's a hypothetical, there's actually millions, but let's say there's a hundred shares of Trump, of DJT.
	And there are 51 people who want these shares.
	So they buy 51, and they're still lingering shares sitting around.
	Now, the people who are holding the other 49 want to sell them.
	For those that aren't familiar with basically how the market works, there's supply and demand.
	So you have tons of people competing with each other to buy the next share.
	If I say, I'll buy a share of Trump for $1, and you say, okay, well, going once, going twice, someone goes $2, someone goes $3.
	When the price starts going up, many people will stop selling their shares.
	They will then list them at a higher price.
	So it's basically like this.
	You have 100 shares of Trump, and the people who are holding them know everybody wants a share.
	So they say, I'm going to list mine right now for sale at $100.
	It's currently trading around $20, but I'll sell mine if it's $100.
	It's a huge gain for me.
	If the demand is higher and people are buying, the price keeps going up.
	I mean, it's basic stock 101, I get it.
	Most of you probably already know this.
	The point is this.
	Trump's supporters don't want to sell this!
	It is more valuable to have a piece of the DJT machine, so they're going to keep buying it.
	Greedy people are going to say, you've got a built-in demand base from Trump's biggest fans.
	So it's almost like Bitcoin.
	How does the price go down?
	But I'm going to pause here to give a shout out to a sponsor we have today, Roundhouse Provisions.
	Have you guys ever wondered what happened to the legendary Chuck Norris?
	I recently saw a video he made and kind of impressed.
	He's in his 80s, still kicking butt, working out and staying active.
	What's even more shocking is that he says he's stronger, can work out longer, and even has plenty of energy left for his grandkids.
	He says he did this by adding Morning Kick to his diet.
	It combines all 10 of Chuck Norris' favorite ingredients into one daily drink.
	He says he still feels like he's in his 50s.
	His wife even started taking Morning Kick too.
	She's never felt better.
	She says she feels 10 years younger, her body looks leaner, and she has energy all day.
	Chuck made a special video that explains everything, so make sure you watch it by going to chuckdefense.com slash cast, or by clicking the link in the description below.
	It will change the way you think about your health.
	Once again, that's chuckdefense.com slash cast.
	And click on the link in the description to watch the video now.
	You're not going to believe how simple it is.
	Just a reminder, the legendary Chuck Norris, he's 81 years old, and he's got more energy than a lot of people.
	Of course, it'll go down.
	It went down a little bit already.
	I'm not saying it's invincible.
	focusing on three things that sabotage our body as we age.
	Watch his method by clicking the link in the description below
	or go to chuckdefense.com slash cast.
	Of course, it'll go down.
	It went down a little bit already.
	I'm not saying it's invincible.
	But Trump has effectively created shares of himself.
	This is insane!
	This is amazing!
	I don't know if this has ever been done before, but he's made shares of himself.
	What you're investing in on this platform is, everybody likes following Trump on social media.
	His posts are hilarious.
	Even Joe Biden just quote tweeted, posted a truth social, and they're like, haha, Biden got Donald Trumped.
	What a troll.
	Let me pull this one up.
	Biden, golf, Trump.
	Let's see if we can get the Biden pokes fun.
	I think, I don't know if it was the Biden account that did it, but let me pull this one up and explain to you the sheer stupidity of these people.
	They don't get the game they're playing.
	Joe Biden, the President of the United States, whether you like it or not, actually screenshotted Truth Social.
	What?
	Are you insane?
	Democrats really don't get it.
	They do not understand how PR works.
	You just put Trump... Okay, so Trump tweeted, It is my great honor to be at the Trump International Golf
	Club in West Palm Beach tonight.
	Awards night to receive the club championship trophy and the senior club championship trophy.
	I won both. A large and golfing talented membership, a great and difficult course
	made the play very exciting. The qualifying and match play was amazing.
	A large and distinguished group will be there tonight. Very exciting. Thank you.
	So, awards night, the club championship trophy.
	I mean, does that mean he actually won the game?
	Joe Biden tweets, congratulations, Donald, quite the accomplishment.
	The media runs wild laughing, being like, oh, Joe got him zing!
	And I'm like, I don't understand how this is a zing at all.
	Trump tweeted a rather benign thing about winning a golf award.
	Biden said, congratulations, Donald.
	And I'm like, OK.
	And all the left, all these Democrats are laughing, being like, haha, he got him.
	You know, Joe Biden just put Trump's truth social blasting out from the president of the United States.
	It's no surprise we're seeing Trump stock go up now.
	The President is helping amplify this platform.
	And this is what people are investing in.
	In Donald Trump, posting these things.
	Now imagine you're a journalist.
	Imagine you are an activist.
	You want to be there to see what Trump has to say.
	It's their obsession.
	And Trump said, I'm going to sell that to him.
unidentified		Hey it's Kimberly Fletcher here from Moms4America with some very exciting news.
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		Visit momsforamerica.us today for more information and to secure your exclusive VIP meet and greet tickets.
		See you on the tour.
tim pool ▲ ● ▼		My point earlier is that greedy people are going to think I shouldn't say greedy people market
		They're going to be like, OK, if Trump's base keeps buying these shares every chance they get, That means demand is going to be really high because Trump is popular.
		So if I were to buy some of it, I'm not telling anybody what to do, I'm not telling you to buy any, but these investors are going to say, it's a safe bet.
		It doesn't matter if the company is doing well or not.
		Trump supporters won't stop buying it.
		So it's going to go up in value.
		I don't know where the upper limit is, but you take a look at Bitcoin.
		Bitcoin, of course, has a functionality that I get, but the price keeps going up because demand is going up and because people don't want to sell.
		And now you've got these big companies announcing, you know, 25k Bitcoin purchases.
		So it's going to drive the price higher and higher because the demand is, I am willing to pay for it.
		Now, earlier today, it peaked around, I think we hit, what, $70?
		$75?
unidentified		$77!
tim pool ▲ ● ▼		$77.
		It's currently down to $69.
		Of course, there are some people who want to cash out, considering the massive gains we saw.
		But this is huge for Trump.
		Let me give you a bit of the quick news here.
		I'll read you the snippets, and then we'll talk about the politics of this.
		Trump Media and Technology Group soared in the first minutes of the NASDAQ debut, triggering a brief trading halt on volatility.
		The DJT ticker is the same that Trump debuted before.
		Trump's media merger with the shell company DWAC was completed Monday, and it became publicly traded at almost $4 billion in paper profits done on Trump's net worth.
		I want to stress this.
		They're all freaking out.
		All these media outlets are like, look at this one.
		Shares of Trump Media and Technology Group soared to $75 a share.
		Trump, who owns 58% of the new public company, now has a stake valued at $5.4 billion, at least on paper.
		It's all on paper!
		Every rich person, ever, anywhere, right now, I shouldn't say ever, but right now, it's all on paper.
		Elon Musk's worth, SpaceX and Tesla, paper.
		See, this is the game they play.
		They say Donald Trump claims to be a billionaire, but where's the cash to pay the bond?
		It's paper!
		He owns buildings.
		He has shares in companies.
		It's not liquid assets.
		So when they say, at least on paper, we get it.
		But this puts Trump's net worth upwards of $7 billion.
		Billion!
		Here's what happens.
		As Trump supporters start to say, I want to buy a piece of this.
		I want to own a piece of this history.
unidentified		Trump can say, I'll send you in for $75.
tim pool ▲ ● ▼		And then they buy it.
		And then Donald Trump makes money that he can then use for his campaign.
		It is the most politically brilliant thing.
		Now consider this.
		Moving forward, what do you think the world is going to look like?
		Other people who are running are going to realize this.
		Finance your campaign through a special purpose digital acquisition, and oh boy are we in for a wild ride in politics.
		There's no limitations on how many shares of this you can buy, but each share you buy helps Donald Trump become more, more, makes him wealthier!
		The fascinating thing is, if you were to buy a, if you were to donate to Trump 50 bucks, Trump can then spend that 50 bucks wherever he wants.
		Let's say you donate 50 bucks and a bunch of other people donate 50 bucks and then Trump has enough money to buy a commercial.
		Let's say this.
		You don't donate anything.
		Trump sells you a share in Truth Social and he uses that money to then buy his commercial.
		He sells a bunch of shares, he buys a commercial.
		You now hold those shares.
		You've not lost your value.
		You can resell that later and actually make money off it.
		This is what I think is is insane about this.
		It means that Donald Trump is going to be able to capitalize on the general public for making money through it, increasing stock.
		And if we get some kind of rush or tulip craze or whatever, whatever happens where people who are investing genuinely believe Trump supporters won't back down on this.
		Holy crap.
		Trump's shares in DJT, it's really a share in Donald Trump himself, as a person.
		The company doesn't matter.
		I think I have this tweet pulled up right here from Ed Krasenstein.
		Of course, Krasenstein's a liberal guy!
		He says, Does anyone in their right mind really believe that Trump media and technology... What is this?
		Techno-legoy?
		Typo!
		He says, uh, does anyone actually believe the company's valued over $13 billion?
		Truth Social had just $3.4 million of revenue through the first nine months of last year, and the company lost $49 million over that span.
		Redditors on Robinhood likely won't bid this thing up like they did with GameStop.
		I expect a lot of hedge funds to be shorting this stock soon.
		I don't necessarily disagree, but oh boy.
		I've gotta warn ya, Ed.
		Someone responded, I think I have it here.
		Elevator Charles says, post proof of your own short position or this is propaganda.
		He won't do it.
		Ed Krasenstein will not short DJT stock.
		If an institutional investment firm tries to short Donald Trump, every single one of Trump's supporters will buy as much as they can and hold it, crushing those institutions.
		You're right.
		Redditors on Robinhood likely won't bid this thing up.
		But Trump supporters will crawl over broken glass to vote for him.
		So if you think that you can short DJT, Maybe.
		Maybe.
		But I'd be willing to bet the moment any news came out that massive short positions were taken on DJT stock, Trump supporters would make a massive campaign saying everyone buy as much as you can to strangle out these shorts and and cost them ridiculous sums of money because the amount you can lose in a short infinity For those that aren't familiar, a short is when they have this system set up where you can trade and borrow shares.
		Here's how a short sale works.
		In general, a short is a bet that a stock will fall.
		Well, how do you make money when the stock falls?
		It's actually really simple.
		I go, let's say you, good sir, right there, we'll call you Bill.
		Many of you are probably named Bill, so it works out.
		Some of you aren't, just bear with me.
		You say, I'd like to purchase a share of, uh, of DJT.
		So what do I do?
		I find a guy who does not want to sell.
		He says, I'm not selling my DJT.
		And I say, tell you what, let me borrow that share from you.
		It's 70 bucks.
		Let me borrow it from you.
		And he says, okay, just make sure you get it back to me, you know, in a month or whatever.
		I then go to you, Bill, and say, 70 bucks, clean share right here.
		You hand me the $70.
		A week later, the stock price collapses down to $3.
		I just sold the share for $70.
	I'm holding that $70.
	I then immediately go to someone and say, I'll give you $3 for that share.
	And they say, deal.
	I now have $67 profit in my pocket.
	And that dude who didn't want to sell, I go, here's your share back.
	I made $67 shorting the stock.
	Now hold on there a minute.
	Let's do some quick math.
	Let's say you come to me and say, 70 bucks for a share, I'll buy it right now.
	And I look at Jim over here and I say, you don't want to sell?
	I'll borrow that share from you.
	I borrow the share and sell it to you for 70 bucks and you go, thanks mate.
	A week later, the stock price goes up to a million dollars a share.
	I mean, it's ridiculous, but let's say a million.
	I made 70 bucks off that sale and I owe that dude a share.
	I borrowed from him.
	I need a million dollars to cover that loss.
	I'm bankrupt.
	Short sales are extremely dangerous.
	You could lose everything.
	So anybody who wants to make a bet against Donald Trump right now, you're going to short DJT?
unidentified		You're going to short Donald Trump himself?
tim pool ▲ ● ▼		You'd have to do it very lightly and subtly.
		Perhaps you're a retail investor, and you try and do a very minor short sale.
		Ain't nobody gonna care.
		Ain't nobody gonna notice.
		You're an institutional hedge fund, you know, institutional investor or hedge fund, and you're like, we're gonna short a, you know, a hundred million dollars.
		Expect to see every Trump supporter start buying as many shares as possible, driving the price up so that you can't exit your position.
		And then when that bill comes due, it's gonna hurt real bad.
		He goes on to say, how many foreign governments will be manipulating the stock in order to try and get favors from Trump if he's re-elected?
		Just imagine if Biden did this in 2020 right before he ran for election.
		I agree.
		This is where things get crazy.
		What if...
		A foreign investor starts buying up massive amounts of Trump, of DJT stock.
		This is history, my friends.
		This is why this is so significant.
		You're going to get foreign investors buying up stock in this company, driving up Trump's net worth.
		Trump can then liquidate some of that stock after getting a waiver and fund his campaign.
		This would allow foreign investors to indirectly contribute to Donald Trump winning, almost guaranteeing his victory.
		Right now, Trump just made $5.4 billion in paper assets.
		That's net worth.
		That's straight-up net worth.
		There's no difference between that or any other company.
		Let's say there's a country... Russia.
		You name it.
unidentified		Russia.
tim pool ▲ ● ▼		That's what the Democrats are going to say, right?
		Sure.
		Russia could, through subsidiaries, probably not directly because of sanctions that would probably be really bad, but let's say several different foreign investors start buying up.
		They look at the volume, they look at the trade volume, and they say, we just need to slowly buy more and make sure demand is always slightly higher than supply so the price keeps going up.
		Then, we do not assume most of those losses.
		We only have to spend a small amount to drive the market up.
		Let's say DJT hits, let's call it $140 per share.
		it $140 per share. Trump is now up $10.8 billion.
josh hammer ▲ ● ▼		you.
tim pool ▲ ● ▼		Trump then says, I'm going to offload $500 million in shares.
		Gets a waiver from the company.
		They say, no problem, Donald J. Trump.
		You can do that.
		And then what these influence operations can do is keep the demand high enough so that anybody buying is contributing to the funding of Donald Trump's efforts to self-fund his campaign.
		Welcome to history in the making.
		This is absolutely bonkers, in my opinion.
		Trump's already leading in the polls.
		Look at the game being played.
		The Democrats are trying to put Donald Trump in prison.
		Donald Trump has found this ins- this is- this is totally nuts.
		Trump is running right now.
		The election is months away.
		We're talking seven months!
		Just- just more- just- just north of seven months till the election.
		With this deal, Trump's got billions at his disposal.
		Trump could theoretically offload a billion dollars.
		And then he's got, just roll with it, baby, a billion dollars to finance his campaign all year.
		I don't know what else Trump would do with it.
		Trump's an old man.
		Trump has everything Trump could want.
		He's got multiple private jets.
		He's got his own 57.
		He's got Trump Force One.
		This is crazy.
josh hammer ▲ ● ▼		Hey guys, Josh Hammer here, the host of America on Trial with Josh Hammer, a podcast for the First Podcast Network.
		Look, there are a lot of shows out there that are explaining the political news cycle, what's happening on the Hill, the this, the that.
		There are no other shows that are cutting straight to the point when it comes to the unprecedented lawfare debilitating And that is why, my friends, I purchased some shares in DJT right now.
		Because I think the political interests will likely drive the stock massively through the roof.
		I'm not advising you buy it.
		No financial advice here.
tim pool ▲ ● ▼		Wherever you get your podcasts, it's America on Trial with Josh Hammer.
		I only bought like 10, uh, 12 or something shares.
		I don't know the exact number.
		Like a dozen.
		So, you know, I could, look, if they go a million dollars a share, I'll be surprised.
		I'll have 12 million dollars, but I really doubt that.
		If anything, I might make a couple hundred bucks if I ever decided to sell.
		The real thing is, I want to have some of this.
		I want to have some of this because it feels like history.
		I am not telling you to buy it.
		I don't know what you should do.
		They're at 70 bucks.
		I'm not saying that.
		I'm saying I feel like there's some, like, Look man, politics is a dirty game.
		I don't care if it's Trump, Biden, or otherwise.
		Understand what this means.
		It means foreign investors, Krasinski was right about that, can start buying as much of this as possible.
		Get this.
		Trump becomes president.
		And then you get some guy from Somalia.
		And he, uh, you know, he comes to visit the United States and he says, I'd like to speak with the president.
		And they say, um, sure.
		For what reason?
		Say, well, I'm a large shareholder in DJT.
		Trump says, I'll make time for him.
		That's a scary reality.
		Now, many people are saying Trump will be forced to divest from the company.
		No, I think as president, he's still allowed to own his companies.
		He'll just hand over leadership, which means we're looking at Clinton Foundation-esque levels of potential influence peddling.
		Not a fan of that.
		I don't care if it's Trump or anybody else.
		This is history, whether you like it or not.
		Now here's what I can say.
		You think I'm going to complain about this and cry when the Democrats are trying to put Trump in prison?
		I'm already concerned about the fabric of this nation.
		I do not like this game that's being played.
		I do not like the lawfare, the market stuff.
		But yo, it's going to be nuts when a foreign dignitary shows up and says, Mr. Donald Trump, I am a holder of 13% of DJT.
		And Trump knows what that means.
		They could dump that stock at any moment and negatively impact Trump's net worth, but I'll pause you there.
		I don't think that works.
		I don't think Trump cares about the money.
		That's why I was saying he's got everything he needs.
		This is going to help him finance his campaign, but after that, I'm not sure there's going to be influence against him.
		He's too old.
		His kids are already wealthy.
		His family's got what they need.
		Trump does not seem like the kind of guy who's going to pull a Biden.
		Doesn't need to.
		He's already rich.
		What does that mean?
		Trump uses this money.
		He campaigns on it.
		If he does so, if he does so, he can pay his legal bills now.
		Look at this.
		Trump can easily pay the bond.
		Trump can easily pay the fine and say, okay, I'm going to hand over, uh, here, here, here you go.
		I'll give you DWAC stock or DJT stock.
		That'll cover the bill.
		And they can pump the value of it, Trump can pay off any fine, and that's it.
		I see Donald Trump as the kind of guy, being 77 years old, right now, his family's taken care of, they're very wealthy, they want for nothing, to get into office and say, scorched earth.
		Firing the deep state, firing these bad actors.
		Yo, this is wild.
		Hope y'all are ready for what this means in the future.
	If there is one.
	Right now we've got these predictions of black swan events.
	I love this one right here.
	I saw this article.
	China watch Beijing on edge after black swan appears in Tiananmen Square.
	A literal black swan!
	Yo, this year's gonna be wild.
	I hope you're ready.
	I'mma leave it there.
	Next time it's coming up at 4 p.m.
	on this channel.
	Thanks for hanging out.
	I'll see y'all then.
	Around 1.30 a.m.
	this morning, massive cargo ship Dolly crashed into one of the main support columns for the Francis Scott Key Bridge in Baltimore, completely destroying the bridge, knocking several vehicles into the ocean, and cutting off one of the largest ports on the East Coast from traffic.
	This is a mass casualty event.
	They are calling it a catastrophe.
	And what we know right now is that apparently the ship said they lost propulsion, issued a warning before drifting into the bridge, and slamming into the support column, destroying the entire thing.
	We have video.
	I'll play a longer video, of course.
	You can see here on the screen, as the bridge collapses, there were several vehicles on it.
	There were, I believe it was road construction crews.
	I believe they've rescued two so far.
	Yeah, it says there two have been rescued.
	One, I believe, is in serious condition.
	There may be upwards of 20 people who are currently missing.
	First and foremost, this is cutting off a major port, which is gonna have massive economic issues.
	I've seen many people report that this is a major port of entry for vehicles entering from the East Coast, but it's more than that.
	This bridge, we'll pull up the map and we'll go through all this, but this is gonna have a serious impact on what happens.
	Now the question is, how could this have happened?
	And the two big theories circulating on X, Diversity hires and a cyber attack.
	I gotta be honest guys, I think the diversity hires hypothesis, or theory, whatever you want to call it, is a bit lacking.
	Many people are arguing that they use local ship pilots or captains.
	I think pilot is the right word, I'm not sure.
	The ship is a Singaporean ship.
	But into and out of port.
	Apparently some people are saying that they use locals to drive for this reason.
	And that because of a diversity hire, this person failed to properly drive the ship, causing some overheating of the engine.
	It burns out.
	Something happened.
	Honestly, I don't know.
	I don't know exactly what happens.
	You can see the lights on the cargo ship shut down briefly.
	Which has led many to say Cyber attack.
	Now, we don't know.
	We don't know.
	But of course, a week ago, Ron Paul warned a Black Swan event is coming this year, and he's not the only one.
	It's not an idea he just made up.
	Many have been warning that, for a lot of reasons, If you know what I mean.
	There will be a Black Swan event.
	So of course this means like a major catastrophic mass casualty event or economic crisis.
	Something on par with the likes of, I don't know, 9-11 perhaps, is what many people are concerned about.
	Let me start by showing you this video.
	We have this from Andy Ngo.
	Let's see if we can make this big enough.
	So you can see the vessel here.
	Now pay attention.
	For those that are watching, the lights turn off right now.
	Just before, we're talking seconds before it slams, as it begins to turn and steer directly in, lights kick back on, and that is it.
	Bang.
	Here we go.
	So, uh, let's see.
	What's the time lapse?
	We're looking at about 15 seconds so far.
	It is now steering directly into the bridge.
	And you can see there's vehicle lights on the bridge in this video.
	Baltimore, Maryland.
	And there it is.
	It looks, it slams in the bridge.
	The whole bridge just completely collapses.
	We do have other angles, I believe.
	We have another angle, right?
	Oh, this might, this might be the same, same footage just zoomed in.
	Yeah, okay, so the same, same footage just zoomed in.
	Many people, so Oren McIntyre says, there's a lot, been a lot of speculation over whether, whether this was the result of a cyber attack or just another example of our competency crisis.
	One thing is for sure, we've created a system which is reliant on a level of complexity that we can't securely maintain.
	So, if you watch right now, in this video, the lights on the ship all shut off.
	Before it appears to turn, with black smoke coming out of it, straight into the support column.
	I believe I have the original tweet from Andrew Tate here, who says, The ship was cyber-attacked.
	Lights go off, and it deliberately steers towards the bridge supports.
	Foreign agents of the USA attacked digital infrastructures.
	Nothing is safe.
	Black Swan event imminent.
	Oh, man.
	We got helicopters flying overhead right now.
	Ladies and gentlemen, we are ridiculously close to this bridge.
	For those of us here at TimCast, this will have a direct... I think it's probably fair to say an indirect impact on us, but...
	No, maybe direct impact is a better way to phrase it.
	I mean, look, we're not in frequent use of this bridge, but we do use BWI Airport.
	So there are three main airports that service our show.
	We have BWI, IAD, and DCA.
	These are Washington, D.C.
	area airports.
	Baltimore is an option.
	It's equidistant.
	So if you land in Baltimore, you drive straight west, you get to the West Virginia Panhandle.
	Or if you land in D.C.
	D.C.A.
	is the worst because you gotta drive through D.C.
	sort of.
	Whereas I.A.D.
	is just about outside.
	But those are the airports we use.
	B.W.I.
	Airport is a couple miles.
	Maybe not even that much from this bridge.
	Now this bridge, not only is going, by collapsing, shutting down the Baltimore Port, It's also shutting down the alternate route around Baltimore up towards 95 into Philadelphia and New York.
	This is going to massively impact ground transport.
	I don't know if trucks use this.
	I believe they do when they're trying to avoid going through Baltimore.
	In fact, I don't know...
	I don't know.
	I don't know.
	I don't know whether or not, when you drive through Baltimore, you go through some tunnels.
	I don't know if truckers use it.
	I have to imagine they do, but oftentimes, and truckers, you guys can comment on this, you know better than I do, they go around the cities, specifically because of the height of bridges, tunnels, or otherwise.
	So let me see if I can pull up this map here.
	You can see here on Google, So you've got BWI airports right there.
	And we do use the Baltimore Airport.
	Of course, we're in the West Virginia Panhandle over here, Martinsburg being right there.
	So if we go straight down from DC, it's a comparable distance.
	So this is going to have an impact on whether or not we can use BWI if it's causing massive traffic jams by cluttering up the rest of the roads here.
	This is 695.
	This is an interstate highway.
	You take, uh, where's 95?
	95 goes up and through Baltimore.
	You can see it here.
	695 is the alternate route to go around the city of Baltimore to carry on back to 95 and make your way up to, through Delaware.
	So, uh, it's not just the roads, man.
	I suppose the question is, was it a cyber attack?
	Let me go through a bit of the, uh, what we know here.
	We've got the New York Times giving us the quick updates.
	And, uh, I'll just say right now, before we'll do some, uh, thought and experiments, uh, thought and, um, speculation, sorry.
	I think there's a- the first thing I thought when I saw this.
	Cyber attack.
	I'll tell you why.
	It's highly possible this ship lost control, these things happen.
	As many people have pointed out on social media, I don't know that I believe in coincidence anymore, especially considering what happened in Moscow, though Vladimir Putin has said that the attackers were Islamic.
	So, as much as he said they were fleeing to Ukraine and Ukraine may be involved, they appear to be, it could be extremist Islamism or something like this.
	But when we're dealing with the active degree of war we are, I think you can spare no benefit of the doubt to the idea of accidents.
	Right now, the presumption from our law enforcement, from our military, from our federal government should be, first and foremost, was this an attack?
	Immediately!
	Take a look at the logs.
	Take a look at the control systems.
	Who was piloting this?
	Was it on autopilot?
	Was it using GPS?
	What was going on?
	I have seen industrial control system hacks using... 10 years ago.
	I don't remember exactly what they did.
	But they were talking about screwing with autopilot, or confusing the sensors on ships, so that the ships will accidentally veer off in the wrong direction.
	This has been something we've known about for a long time, and I think people need to understand when it comes to cyberattacks, they are easy, terrifyingly easy, in the infrastructure of this country.
	50 to 100 years old?
	I mean, not all of it.
	I read this really fascinating bit of trivia, It asked, what, uh, question, what is the oldest working machine still in use today in the United States?
	And, uh, I'm probably ruining the actual trivia because I'm not sure it's the oldest, but they mentioned that the power line grid for most cities is over 100 years old now, around 120 years old.
	And it's not been updated.
	We still have these old poles, we just put them back up.
	This machine has never been replaced.
	We've just built upon it.
	We've fixed it in certain points.
	But what you need to understand, it's not so much about the power lines.
	It's that there's something called Industrial Control Systems, ICS.
	And it's not overly complicated, it's not that they're all identical.
	But 10 years ago, 12 years ago, at the Def Con and Black Hat Conventions, and they do this every year probably, it's called the, I think they do the industrial control system hacking all the time, they talked very easily about how this stuff is all insecure and they don't know if we can secure it.
	A lot of this infrastructure was built in the 70s.
	A lot of the technology used in these large vessels is from the 70s.
	Take a look at these planes that we fly.
	You take a look at private jets, seriously, and you'll see many of them are very, very old.
	You look up private jets that are currently in use, and you'll easily find a 1990 model, a 1980s model, and they're still worth millions of dollars, and they still work, and they can update the onboards and all that, but these are still old machines that are just being slowly fixed and upgraded.
	I suppose then you get into the Ship of Theseus argument, and you can argue that the updates have repaired a lot of this stuff, but the concern here that I have is very much could easily be a cyber attack, and look at the massive economic damage we will reap because of this.
	The port of Baltimore being shut- Baltimore is already in crisis!
	The New York Times says a major bridge in Baltimore collapsed after being struck by a cargo ship.
	Officials were searching for road repair crews- excuse me- Baltimore's Fire Chief James Wallace told reporters at a news conference that officials were searching for upwards of seven people.
	Governor Wes Moore said in a statement that he's declared a state of emergency and he's in contact with Pete Buttigieg.
	The ship is a 948-foot-long cargo vessel named Dolly.
	The owners of the vessel, a Singapore-flagged ship, said it hit a pillar of the bridge around 1.30 a.m.
	All crew members, including two pilots on board, had been accounted for and there were no injuries on the ship.
	It left Baltimore at 1 a.m.
	and was bound for Colombo, Sri Lanka, according to Marine Traffic.
	The bridge is named for Francis Scott Key, who wrote the Star-Spangled Banner, for which was more of a Weird Al-style parody cover.
	The Star-Spangled Banner was actually based on a different set of music that he wrote words to.
	It's very interesting.
	How about that?
	So we have some updates here.
	You can see this is the Francis Scott Key Bridge.
	Now, we don't know how long it's going to be out.
	I think I have a tweet here.
	Joshua Steinman says, setting aside the human tragedy, the Port of Baltimore will be offline for some period of time, days, weeks.
	As one of the largest in the country, will have significant impact on the economy.
	Lots of questions need thorough answers.
	How could this be possible?
	How could one of the largest ports in the country be so easily disabled?
	Laughably insane.
	Man, you'd think we would have some simple kind of barrier protection for these support columns, considering you can kill people if you crash into it, let alone the economic damage.
	How did they not have any kind of barrier for this?
	That's surprising to me.
	One Twitter user says, People are making assumptions about a DEI crew, but the ship is out of Singapore, so it's unlikely.
	If the ship has a fly-by-wire control system, it would not be too complicated to attack.
	So, we don't know for sure.
	Take a look at this.
	This is, I believe, I don't know if this is a rendering, but you can see where the impact occurred.
	Patapsco River, Francis Scott Key Bridge, they say the bridge is about 1.6 miles long.
	You can take a look this morning from the media staging area, New York Times has the image.
	They've shut down air travel over this as search and rescue is currently underway.
	About 40 ships, including 34 cargo vessels, currently have Baltimore listed as their destination, according to Marine Traffic, which tracks ships around the world.
	They say that there'll be some shipping delays.
	We do expect there to be a ripple effect, but it's a bit too early to say what the impact will be.
	The Transportation Secretary of Maryland has called it a catastrophic event.
	The White House has just issued the following statement.
	The President has been briefed on the collapse of the bridge.
	Ongoing search and rescue efforts.
	He will continue to receive updates.
	Baltimore's port handled a record amount of cargo last year.
	Take a look at this.
	Look, man.
	Most humans live on coasts.
	Ports of entry are how we get stuff.
	It's how we get stuff.
	That's why the Panama Canal is so important.
	It's why the Sinai Canal is so important.
	It's why the Houthi rebels targeting cargo ships in the Red Sea is so dangerous.
	We do not transport... The most important transport, I should say.
	Shipping containers internationally, moving back and forth.
	This is gonna be... This is gonna be massive.
	Man.
	Let's jump to some more, I suppose, the political element of this.
	From the Daily Caller.
	Very, very dangerous.
	Ron Paul tells Tucker, Americans should prepare for a Black Swan event.
unidentified		Look.
tim pool ▲ ● ▼		Every so often, we do a shoutout for safeandreadymeals.com.
		And the reason why is because of things like this.
		You never know what's gonna happen.
		It could be overnight.
		That's what we saw.
		That's what Erik Prince told us.
		Okay?
		Blackwater.
		I don't know if they go by now, but this is the guy who started Blackwater.
		I asked him, based on your experience internationally, do you think the U.S.
		is heading towards some kind of collapse or civil war?
		And he said, the one thing I can tell you, Is that everyone he knows who's experienced collapse in government... Is that it happens overnight.
		Before bed.
		Everything's fine.
		Electricity.
		Internet.
		Television's on.
		Water's flowing.
		And then you wake up and there's no power.
		There's no TV.
		There's no plumbing.
		Like that.
		You know a man...
		I think people don't realize how fragile this whole system is.
		Really.
		It is very, very difficult to build a large machine.
		It is very easy to flick a paperclip into the gears and blow the whole thing up.
		That's what's terrifying.
		You take a look at this bridge right here, this image we have from the New York Times.
		It took them five years to construct this bridge.
		Five years.
		It's a marvel of human engineering.
		I mean, all these bridges are.
		It's really, really... I love bridges.
		I think they're beautiful.
		I think it's amazing to think that we've decided we no longer have to worry about floating the wagon or something.
		I don't know if you could do it over something so big.
		But, you know, you play Oregon Trail.
		Think about the sheer managerial power, the amount of human labor and energy and resources that went into building this bridge, the oil in transporting these things, shaping this concrete and the metal.
		And then one day, a routine cargo ship, which passes between these support beams, loses power for only a brief moment.
		Only a brief moment.
		And one collision knocks the whole port out.
		You can build a car, a marvel of engineering, and then someone can pour the wrong fluid in it and the whole thing breaks.
		You can drop a marble in the wrong spot and break the whole thing.
		A paperclip can jam something up.
		It's quite remarkable and terrifying at the same time when you start to realize just how fragile the system is.
		So the question, I suppose, cyber attack?
		Incompetence?
		Maybe.
		In this one thread here, let me pull up the... They point out that... You know, I don't know if they're correct.
		So let's see.
		So this one person says, what I don't get is this.
		Let's assume an adversary nation runs a decades-long campaign of industrial sabotage against the U.S., factory fires, refinery explosions, train wrecks, maritime disasters, a monthly or even weekly occurrence.
		What's the desired end state?
		Friction.
		That is 100% correct.
		We've seen train derailments.
		And the question is, is this normal or is the internet amplifying this?
		Because we normally don't hear about it.
		Honestly, I don't know.
		But this is what we see.
		Train derailments.
		Warehouse explosions and fires.
		A few years ago, there was an oil refinery explosion.
	And we don't know if it's cybertech or not.
	But friction is the desired end goal.
	You have, right now, an economic race.
	One thing I love to refer to is Thucydides' Trap.
	Whenever a rising economic power approaches or is about to surpass the dominant economic power, there's a tendency for war to break out.
	So I shouldn't say whenever.
	But they refer to this, Thucydides Trap, there were 16 times in recorded history where a rising economic power was about to supplant the dominant power and 12 of those 16 times resulted in a major war.
	What are we looking at now?
	Could this be?
	As we know, China has been cyberattacking the U.S.
	and the U.K.
	Could this be a cyberattack intended to disrupt our economy so that China can grow faster?
	The reality is this.
	The Port of Baltimore is absolutely important for the development of the military-industrial complex.
	Why?
	Certainly, the U.S.
	military can operate independently of whether the port shuts down.
	But transporting vehicles, resources, facilitates economics.
	Civilians play a major component, of course, in the development of weapons.
	You know, there's a guy who shipped a bunch of steel.
	Yeah, a bunch of steel was shipped from one factory to a warehouse, and you know what it's for.
	And then a lot of that steel ends up being distributed to weapons manufacturing.
	It's not even that.
	The woman who works the diner down the street She gets sick one day and now they have no one to work.
	Let's say all of their employees, they have three servers, and now the men and the women who facilitate the military-industrial complex through administrative purposes or otherwise are diverted somewhere else because they have to get breakfast somewhere else.
	Now, this is a microscopic hiccup in the grand scale of things, but you see how it is all interconnected.
	They say, normally we stop halfway on the way to work, we grab breakfast, most people do, or it's a diner just outside, we can't eat there anymore, so now we have to increase our work workload, or travel time, by 30 minutes to go get lunch humans need to eat.
	Minor.
	Minor.
	I know.
	I know.
	People can bring their own lunch.
	There's a lot of things you can do.
	What I'm saying is, you attack enough of these points, and you create friction, making it harder for us to grow and respond.
	I mean, I can really make it much simpler for you.
	China and the U.S.
	are running a 100-meter dash, and every one of these incidents is a rock being thrown in front of us.
	No one rock is necessarily going to be the one that ruins the race for us, but you might step on it in an accident and stumble a little bit.
	You end up throwing a bunch down, and now you're trying to sprint through a field of rocks.
	Or better yet, throwing glue and adhesive onto the floor.
	Doesn't stop you, but it slows you down.
	And that's the point.
	Not to mention the loss of life.
	Natalie Danilishan says, people think it's only a bridge.
	No, this is a major American port and now it's basically cut off.
	She says, I'm getting attacked for saying it was deliberate.
	People just aren't paying attention.
	You know, when Ron Paul comes out and says, it's happening.
	I think you should listen.
	This guy is a smart feller.
	He appeared on Tucker Carlson's show recently, in the past week, saying, I think we're reaching this point where some sudden thing is going to happen.
	I believe in that theory of a black swan, it's going to pop up and it's not going to be controllable.
	The black swan event is defined as an impossibly difficult event to predict that has extremely wide consequences that challenges basic assumptions according to the Corporate Finance Institute, which cited 9-11, Brexit, the dot-com crash, and COVID-19 as examples.
	But people ask, what can they do?
	I think the most important thing is to understand what's going on.
	It's education.
	That's why I happen to have a homeschooling program that tries to teach this stuff early.
	Alright.
	Here's what I'm gonna say.
	If you haven't already, download a survival guide.
	Download 4 or 5 onto your phone.
	You should have emergency backup batteries.
	You should have some kind of non... Well, I don't know what the right word is for it.
	You should have a charging device that is capable of charging outside of the electric grid.
	So these backup batteries are great, but you gotta plug them in.
	What we have here at Timcast, among things I will not mention, but I can tell you simply right now, in this room, in fact, literally just over there, we have these large batteries.
	They're called EF Delta, I believe, and you plug them in, they charge up, and they hold a very, very large charge, and you can plug in.
	We ran our air conditioner off this thing for an hour.
	Air conditioners take a lot of juice.
	A lot of juice.
	So these things are great because you can get solar panels for them, and we've already run these tests where we've laid out this huge array of solar panels, and we've gotten the charging time for these things to a couple hours with this massive interlinked network of solar panels.
	Not gonna save the world, but I tell you, being able to generate electricity could save your life.
	Could save your life.
	You get that?
	Hey, guess what?
	You can charge your phone.
	Your phone's going to have information in it.
	Do you have your emergency survival guide?
	Do you have your bug-out bag?
	Hey, don't take it from me.
	I'm not going to give you a hostile environment training.
	I don't know about that.
	I'm just saying, I hope you have taken these precautions because this year, this is the year.
	With everything they're throwing at Trump, I do not see Us getting through this year clean.
	Already, already, with this bridge collapse, this is bad.
	How long will the Baltimore port be shut down?
	And what does that mean for us?
	For those of us here at Timcast, this is basically our port for imports.
unidentified		I don't know.
tim pool ▲ ● ▼		Might be harder to get some electronics.
		And there's other poor, it's not going to be wrong.
		But this could raise the price of a lot of things.
		More importantly, it could be a sign of what's to come.
		And it could get worse.
		I'll leave it there.
		Next segment's coming up at 1pm on this channel.
		Thanks for hanging out, and I'll see you all then.
		Free Jared Monroe, a former Crowder, Loud Earth Crowder staffer, claims he's being legally abused after quitting the toxic and abusive show.
		And so, oh boy, we got a whole bunch of e-drama going on that I certainly want to chime into.
		It's not the most pressing of news considering World War III is on the table, a bridge just collapsed, people are still missing, but we can always squeeze in a little bit of the inner workings of the media landscape.
		I do think it's important periodically to address these issues because, I say periodically because we don't do a lot of them over here at TimCast.
		But this is the fabric of the independent media space, and what we do here can shape how things happen in the future.
		I say this to you, my friends.
		There is no ability of us to influence, in a short term, how the corporate press narrative machine operates.
		In the long term, that is the game plan.
		We stand before us, the precipice of the future of the media landscape.
		And what we do today will shape this landscape for generations to come.
		That being said, I believe technological advancement could alter the course of this in ways we don't yet recognize, but we are looking at the eclipsing of the corporate narrative machine, the top-down media empires, into independent meritocratic-based spaces.
		What we do here matters.
		So addressing stories like this, I think, is very important.
		This has a lot to do with Crowder, The Daily Wire, Candace Owens, Jared Monroe, Dave Landau, and oh boy!
		Let's dive right in.
		Of course, you know, we hosted here Steven Crowder and Candace Owens around the time this Daily Wire-Crowder incident happened.
		And I tried to be, as everyone already knows, a fence-sitter on the issue, and I'll tell you why.
		For one, if I don't know, I don't know.
		And so, I try not to immediately be an arbiter of truth based on my personal emotions of whether I think Crowder is good or bad, or Jeremy Boring is good or bad.
		I can only really just say, like, here are my experiences with these individuals, here's what I think about them, here's what I think may be happening, and then I hope you guys draw your conclusions, and I hope your conclusions lead to a greater wisdom of the crowd.
		That is to say, Jared Monroe, a former employee of Lodworth Crowder, or I guess they're saying his name is Jared Metello, but that's the name he goes by on social media, is alleging abuse.
		And there's an NDA, and there's things involved.
		Now we've got a bunch of drama emerging.
		I don't know exactly what happened.
		And I don't know why I should immediately assume Steven Crowder is a bad guy.
		My first thought is, plain and simple, I have no idea.
		But, let's talk about the news.
		A former employee of right-wing media pundit Steven Crowder, I also think that's kind of pointless media-ite to say right-wing pundit.
		You can just say pundit.
		Accused him of fostering a toxic and abusive work environment.
		And then subjecting him to years of legal abuse after he left the company.
		In a video made public Tuesday, Jared Metello, known publicly as Jared Monroe, and on the Louder With Crowder show, he was not gay Jared, claimed he had been tormented by the controversial internet personality for years.
		He does not name Crowder in the video, but a source told Mediaite he is the subject.
		I think that's fairly obvious to any human being with rational thought capabilities.
		Enough is enough.
		This can't go on any longer, Monroe said.
		I am currently being legally abused and intimidated into silence by a former employer.
		I'm gonna pause right there and, um, my first response to this is, I'm sorry, dude.
		I don't believe any of it.
		I don't believe any of it, be it from Crowder or Monroe or anybody, because none of this makes functional sense to me.
		I don't understand, and perhaps I can't because of the NDA, but this is why I think there's something else going on.
		There's limits to what someone can do with an NDA, and putting out a video attacking who is clearly Steven Crowder, In terms of NDAs and defamation, slander, libel, etc.
		You don't need to say someone's name necessarily.
		I mean, it can vary by state.
		But if you were to describe a scenario which makes plainly obvious the person you're speaking about, you were in violation of your NDA!
		If your NDA goes towards the function of the business.
		That's why I'm kind of like, I don't understand how he's saying he can't do this, but he's literally just done it.
		I'm not trying to have beef with the guy.
		No beef.
		I don't know.
		Let's read more.
		Monroe worked on Latter-Earth Crowder from 2014 to 18, serving as a co-host on the show.
		The program reached a massive audience on YouTube, eventually boasting 5.8 million subscribers
		before it decamped to the much smaller alternative video platform Rumble, which is also silly
		because I'm pretty sure he's getting more views now doing both.
		In addition to the smaller platform, internet turmoil and scandal involving blah blah blah
	blah blah.
	Monroe decided to quit the show in August 2018, saying, I could no longer put myself or my growing family through
	the toxic and abusive work environment I'd endured for so long.
	endured for years.
	This place was and is, this day, a workplace rife with sexual misconduct, degeneracy, and
	aggression.
	The things I saw, the things done to me, and the things I witnessed my employer do to others
	were disgusting, shocking, and utterly indefensible.
	I have the receipts."
	Monroe claimed the work environment was so toxic that he was admitted to the hospital
	at one point for a heart condition and was put on anti-anxiety medication.
	Leaving wasn't easy, however.
	Monroe alleged that he was bullied into signing an aggressive separation agreement after a drawn-out legal fight in which Crowder's lawyers argued he should be blocked from working in media anywhere in the world for two years, have his personal Twitter account seized, and turn over all his personal production equipment that he paid for himself.
	Alright.
	So, Jerry Monroe has launched this GoFundMe.
	I think Jared should have used give, send, go, but sure.
	Considering he is raising money to go up against Steven Crowder and it's plainly obvious, I'm sure GoFundMe won't take him down because they're politically biased.
	But so far he's raised $20,000.
	There are many people who do not like Steven Crowder and, well, that's the nature of the business.
	Here's what I can say from the get-go.
	I, of course, have also been accused of falsehoods and slander and libel.
	And the reason why... I think this is certainly an interesting story to bring up, plus we're going to get into the Jeremy Boring and Candace Owen stuff, and that was a huge thing that happened last night.
	There's a lot going on in the media landscape.
	Here's what I can say to you guys.
	I don't know who's right or who's wrong.
	Jared may be telling you the truth.
	My question is, for what purpose is he raising this money?
	There are questions about the nature of the legal battle that he's currently facing.
	I don't quite understand.
	I'm not saying he's wrong.
	I'm saying I don't quite understand why he would be in a legal battle at this time of a public nature.
	There's always... I mean, we're talking six years after he left.
	My view is kind of, uh... I've worked for a bunch of companies.
	And... I... We left.
	I've been involved in lawsuits with them, I've had NDAs, and I choose my battles and I move on.
	That's just me.
	I don't know the circumstances of Jared, and I think, uh, perhaps because of the NDA, we can't know.
	I also feel like if he's ra... This is the confusing thing to me.
	If he's raising money off of this, well... Everybody knows who he's talking about!
	He's already violated the NDA.
	I'm not sure there's any lawyer who's going to advise him that this is going to fly in a court of law.
	You're not going to go to a judge and be like, I made a video accusing my former employer of serious abuse, and I'm raising money to go up against him legally, and everybody knows the basis of the legal challenge, and the person who's currently at play in this dispute, and the judge is going to be like, well, that violates the NDA.
	Like, you agreed to this.
	So, I kind of feel like he could have just come out and Said it all!
	Said it all, I guess.
	Non-disparagement, unconstitutional, etc, etc.
	Now, I'll tell you my personal bias.
	I have experienced in my life what I would call utmost betrayals.
	To a shocking degree.
	I was speaking with some high-profile professional athletes recently, specific athlete, and we were talking about investment opportunities, we were talking about building industry and building culture, and one of the issues that came up was abject betrayal.
	And, you know, I ask this of many people because it's not unique.
	It's not unique to me or to anybody else, but You know, I asked this guy, I was like, have you ever experienced, like, shocking betrayal from someone you thought was truly, like, your best friend, or one of your best friends, and then one day, it was just, et tu, Brutus?
	And he says, of course!
	And I'm like, now that was a wake-up call, wasn't it?
	I feel like when you have something, when you have, when you, like, when I was broke, when I was poor, nobody cared to betray me in this way.
	There was petty interpersonal drama.
	I can't believe that dude stole my Pokemon Red.
	Which he did, by the way.
	That was a long time ago, and that's just like, you know, it's $30 at the time, and it's horrible.
	But I'm talking now, like, you know, when you get to that point of success, and this is why I have asked a lot of successful people, have you been shocked by the trails you've experienced?
	They say, yes.
	And so the question is, is Crowder really this awful guy or not?
	Well, there's been a lot of people who have accused him of it.
	And he's having issues with his family and stuff like that.
	I don't know.
	Certainly there have been many people who have accused me of things, and I'm just sitting here flabbergasted like this is all fake.
	In some of these instances, the people who have accused me have at the same time desperately been trying to get their jobs back to come back and work here because working here is like the greatest job ever.
	The hours are limited.
	You're expected just to do your task, but then you can hang out.
	We do food and poker on Fridays.
	Unlimited vacation.
	Unlimited sick time.
	Someone's like, I've got a thing coming up at the doctor.
	We say, do whatever you want to do.
	Someone's going to have a kid.
	We say, as much time as you want.
	No questions asked.
	If it comes to the point where you don't want to be here anymore, we'll simply have a conversation about it, and I think that becomes apparent to both of us that you don't want to be here anymore.
	But, like, maternity and paternity leave?
	Do whatever you want.
	And I have people who are here who are like, you know, I think I'm gonna be sick.
	I'm like, bro, I don't care if you're sick.
	Take the time off, just literally say, hey guys, I'm off today, feeling sick, and we say, don't even worry about it.
	We will figure it out, we will work together, we'll pick up that slack, but I truly respect the crew that we have here.
	I think everybody who's here wants to be here.
	With all that being said, unlimited vacation time, unlimited sick time, with, uh, I shouldn't say no questions asked.
	Like, if you're like, I'm on vacation, you disappear for two weeks, we're gonna be like, where'd they go?
	We actually got worried about one of our employees once, because we were like, it wasn't a vacation thing, we were just like, we hadn't heard from them a little bit, and so we're just, we want to make sure, you know, you're alive!
	But as long as you tell us.
	Just say, hey, I've got to do this thing.
	We go, okay.
	We'll pick up the slack.
	All that being said, somehow, psychotic fake stories emerge about me.
	And I'm just like, I don't know how you deal with it.
	I don't know who you trust.
	I don't know who you believe.
	And there are people who go online to this day and post fake things.
	Just outright made-up fake things.
	Makes it very hard for me to initially just jump on this and attack Steven Crowder.
	I don't think he's perfect.
	I'm not perfect.
	Here's how H. Pearl Davis responded to the Jared Monroe Free Jared video.
	She posted a tweet from a year ago where Jared Monroe says to Hillary Crowder, who was like a sister to me, I love you and I am here for you.
	Pearl Davis says, You guys are not going to understand till later, but I will
	bet money this is orchestrated by the ex-wife.
	There are details missing.
	Why was he sent the original cease and desist?
	Now he is asking for donations.
	Something is not adding up.
	Well, I agree with Pearl that something doesn't add up, but that could be easily explained by the fact that Jared
	isn't talking about...
	I'm sorry, I'm at an impasse here.
	I am not trying to disparage Jared.
	I'm just saying I don't understand how he literally just violated his NDA while claiming he can't violate his NDA.
	I mean that genuinely.
	This video he put out clearly violates his NDA.
	You need to understand about NDAs and non-disparagement is that I am subject to several and I just never bring it up and they've never become an issue for me.
	But having been in court a year ago sitting before a judge Oh man, was that fun.
	I don't know if we had the judge.
	Yeah, it was the judge.
	I can tell you.
	There are a lot of things you can say and there's a lot of things you can't say.
	And this is one of the things you can't do!
	I don't understand.
	We had issues where the judges were reprimanding some of the people involved.
	Not us.
	Because they would post passive things.
	And it's just like...
	You can't, that's like the court order, you can't do that.
	So I just don't understand.
	I really, really don't.
	So a lot of people have been, you know, they've accused Steven Crowder.
	Candace Owen says, everything Jared Monroe is saying is true, and he is one of many people that has been enduring this legal abuse for years.
	Crowder's ex-wife and family, and virtually all of his former employees, including Dave Landau, should similarly find the courage to speak out.
	And that's what I, that's, I agree with Candace Owens.
	And I gotta shout out Candace Owens.
	Tremendously impressive.
	I'm a big fan, I gotta be honest.
	I tweeted that I didn't think much of her until I went on her show, and when I say I didn't think much of her, it's not that I thought negatively.
	It's not like, you know, if you say like, I don't think much of that guy, you're saying like, no no no no, what I meant is, I don't often even think about her work, I don't care to follow her tweets, I just know passively of her.
	And then I went on her show, and I was like, not only does she research, read the news, form strong opinions, defends her opinions, has a strong worldview, but her logic Was very much in line with my- I'm like, what she's saying is correct.
	We've both read these similar stories.
	We've both come to similar conclusions.
	She is smart and she knows what she's talking about.
	Shout out to Candace Owens.
	With her saying this, I agree.
	I won't tell Jared what to do, and I don't know what Crowder's deal is, and I don't know who's at fault, but I can tell you this.
	Me, I go scorched earth.
	Yo, my ethos in business is, you and I are about to play a game of chicken, and you will not win.
	I remember when I was a kid, I was driving with my dad, he was in a Wrangler stick shift, and it's rusty, and it's a tin can with, you know, it's a Jeep Wrangler soft top.
	The opposite of a luxury vehicle.
	And, uh, he was driving straight.
	We were driving straight on the highway when this guy in a luxury sedan was trying to cut him off.
	And my dad started laughing and just didn't flinch.
	You know, cars might swerve out of the way because the car's trying to inch their way in.
	And my dad laughed and he was like, yeah, right!
	You're gonna scratch your luxury sedan on my tin box with rust in the back?
	Nice try, dude.
	You're not cutting me off.
	And the guy put his brakes on and then waited for his proper turn to merge into the highway.
	I thought it was funny.
	But it's a good life lesson.
	You know, this is how I deal with it.
	You want to go to war with me, you better be prepared for what that really means.
	Now, I choose my battles.
	So, you know, we'll weigh the scale of things.
	If it is a mosquito bite on my arm, I'll simply swat it away.
	If someone decides to come at me in a serious way, we take it as far as we can, until we can't any further, and we win.
	I'm not going to tell these people what to do.
	I'll just tell you what I would do.
	Ain't no NDA going to cause me any restrictions.
	Because I would tell you this.
	I sit down with a former employer and they say, you can't speak up, you're under NDA.
	And my response is going to be quite simple.
	Let me ask you a question.
	How much do you stand to lose if I violate the NDA?
	And how much do I stand to lose?
	It's an interesting prospect, right?
	Me as an individual, not with a big company?
	Certainly you can try and drag this out through the courts and cause me a headache.
	But I think the amount of damage you would take as a public-facing personality and with a requirement that you maintain a large subscriber base will be substantially higher than the damage I would take as an individual.
	So choose your next words carefully.
	That's how I do business.
	I had one incident where, uh, I was in a labor dispute, and, you know, I'll keep the details pretty, uh, minor, you know, for legal reasons.
	This is, this is 15 years ago.
	And I said to, uh, the guy said, okay, here's what we're gonna do, we're gonna negotiate a settlement before we go to court, because court was the following day.
	And he told me that, uh, you know, we're prepared to offer you X amount of dollars.
	And I said, hmm, yeah, okay, well, I want, uh, X times three.
	And I'm going to tell you what I'm going to do.
	X times 3 we'll call Y. I don't want to give the real numbers out for legal reasons.
	I said, here's what we're going to do.
	I'm going to be a nice guy.
	I'm going to be a nice guy to you.
	Because I got... What have I got to lose?
	I got all the time in the world.
	I don't work for you anymore.
	I got no problem coming to court and saying, here's what happened.
	So you give me...
	Half of what I'm asking for.
	We'll call it a bad hair day and we'll leave.
	And this was the best part.
	He goes, okay, so you're at, you know, X times three.
	Uh, and you know, and you want half of that and we're at X. So how about we go in between?
	I said, no, I'm at X times three and you're going to give me what I asked for.
	Otherwise I'll see you in court.
	Back down instantly.
	Look, man, when it comes to business, You know, I heard a really great quote the other day.
	Who said this?
	Was it, uh... Was it Tom?
	Oh, it was one of our members on TimCast IRL, one of our members called in and said, James O'Keefe, to quote the great James O'Keefe, if your price is not your life, you are for sale.
	Wow!
	James O'Keefe!
	Very wise, very wise.
	I can't tell Jared what to do or anyone what to do.
	I would only say this, if I was truly the subject of serious legal abuse, Ain't no NDA holding me back.
	You know, I'd be on the phone in two seconds, and I'd say this to any lawyer, I'd say, the amount of money this is about to cost your client is going to make him really unhappy.
	And I imagine he might fire you, drop the retainer, whatever it is, because you're not handling this very well.
	Now, you need to understand the kind of person that I am, and we need to figure out what kind of amicable separation we can come to, lest I have to spend a lot of money I don't have and don't want to fundraise.
	But I'm pretty sure the public damage to you is worse than any financial damage to me.
	So how about you decide this is over before you come to regret it?
	And too many people, I think, too many people bow their head.
	I can't tell you what to do.
	I'm gonna say it again.
	I can't tell you what to do.
	I don't know your circumstances.
unidentified		All I know is in my life, I don't know.
tim pool ▲ ● ▼		What do people say?
		I'm too arrogant and hot-headed and I won't accept when I'm wrong and things like that.
		Well, you know.
		Certainly I accept when I'm wrong when someone presents information that will actually disprove my frame of thought.
		But I suppose for me is...
		If we're dealing with a subject matter in which I've considered 100 possibilities, and you present to me two of the ones I've already considered, you're not convincing me if I've already thought of these things.
		And so, you don't get me to back down.
		Jared, best of luck.
		I don't know what you guys think.
		I know that we've had many accusations against Steven Crowder, so it'll be interesting to see how this kind of stuff plays out.
		Curiouser and Curiouser.
		Steven Crowder's got a lot of people who are accusing him of wrongdoing.
		A lot of people think that it was, uh, nasty what he did to the Daily Wire.
		I actually still would say, when it came to Crowder's concern over what Daily Wire does, a lot of people are probably now coming around to being like, now I get what Crowder was saying.
		Candace Owens, uh, uh, the rumor going around.
		I wish I'd be careful on this one.
		Is that she got fired.
		And apparently what happened, and this is hearsay, is that yesterday on a Twitter, an X space we call them, someone asked Jeremy Boring why he fired Candace Owens, to which he responded, as someone running a company, I cannot comment on why someone was fired.
		As if to hint, she was without legally crossing the line.
		I wonder if he could have worded that better by saying, I can't comment on personnel issues, I'm sorry.
		But he said, on why someone was fired, as if to imply, now everyone's saying, boom, that confirms she was fired.
		Maybe, maybe, I don't know.
		I don't know, it's an interesting circumstance.
		But now a lot of people are very critical of The Daily Wire, saying, hold on, wait a minute.
		There were some people who were claiming Crowder was wrong in the way that Daily Wire handles their contracts.
		And Candace was very defensive of them at the time, and critical of Crowder.
		But now we can see it's a Mexican standoff, I guess.
		Candace Owens is out at the Daily Wire.
		Many people are saying maybe Crowder was right about the Daily Wire, but not many people are saying Crowder is bad.
unidentified		Oh boy!
tim pool ▲ ● ▼		Internet drama.
		Let me wrap by saying this.
		I don't see a purpose in us nuking each other, and that's why when the beef between Crowder and Daily Wire happened, I'm not coming out and just being like, ha ha, you're bad, you're good.
		I'm like, How do we minimize collateral damage between groups of people who may disagree on many core issues, but ultimately, we would rather be the dominant media presence in this country while disagreeing with each other?
		If there's a left and a right, hopefully it's between people who agree that this country is good, and we should secure our borders, instead of far-left lunatics who are burning everything to the ground.
		That's what I'm hoping for.
		So I like The Daily Wire.
		I see these insane videos attacking The Daily Wire and I'm like, they're a business.
		They run them.
		They operate them.
		Jeremy Boring is, I think, a good dude.
		And in terms of the business negotiations I've had, was one of the best.
		There are people now who are psychotic.
		I call it Israel Derangement Syndrome.
		And, uh, I'll break it down like this.
		Criticism of Israel would be something like, I watched a video of a drone strike on what appears to be four unarmed individuals who don't appear to be posing any threat.
		I demand answers on this one.
		Why was that strike taken out?
		There must be international justification, especially considering you take the money from the United States, Israel.
		Then you've got to answer to us as to what you're doing with that money.
		It's our money.
		Now, personally, I don't think they should get it, but they just sent four billion dollars.
		But so long as they take it, they now have to come to us and give us explanations on why we watched four people just die.
		Three missile strikes.
		Criticism.
		Now, what I would refer to as Israel derangement is when I have these people who, I wonder if they're actually pro-Israel, and I really do think this, Um, because they post things like, uh, Tim is, is trying to interview with the, uh, uh, the, the Israel wire.
		And they say a bunch of weird, like Jewish insults and stuff.
		And I'm like, it's so funny that.
		They don't watch the show.
		They don't know anything about my positions on foreign policy.
		But they have a derangement.
		They're not criticizing Israel.
		They just post weird memes where they claim, like, Luke Rudkowski is Jewish.
		Which is, like, the weirdest thing ever.
		My favorite was the one that claimed Brian Stelter was Jewish, and I'm like, isn't he, like, orthodox or something?
		That's derangement.
		Derangement.
		Okay?
		But these are the people who are attacking the Daily Wire right now.
		No, no, no, look.
		I've seen Ben Shapiro clearly articulate his concerns for Israel.
		I've seen Jeremy Boring clearly defend his positions on foreign policy and all that.
		And I just go, huh, I disagree with your opinion.
		And we go, okay.
		And then there are people who are deranged.
		How do you answer this stuff, man?
		I don't have all the answers for you.
		I suppose I could go a lot deeper on the Daily Wire Israel stuff, but I don't know, I think I've ranted on the subject too long.
		My only advice to people is Look, man.
		As the saying goes, if you... If you take a shot at the king, you don't miss.
		I'll say this to Jared.
		This is a miss.
		I'm not trying to disparage him.
		I'm saying... You either... You drive the car or you don't.
		We don't even know what this is all about.
		Petty drama, petty drama.
		I guess.
		Maybe not.
		What's the purpose of it?
		For what reason is this public?
		For what reason are we mad at Steven Crowder?
		If people don't want to work for him and don't like it, they can leave.
		And then just carry on their merry way.
		I suppose we'll just see, but this has been your Drama Bit for the moment.
	Maybe I'll drag myself into it accidentally by doing this, and we'll talk about it a bit more later, but I'll leave it there.
	Next segment is coming up at 6 p.m.
	on this channel.
	Thanks for hanging out, and I'll see you all then.
	And this is why people don't like Jon Stewart.
	Because he's either woefully ignorant, I don't think that's the case, or he's an outright liar.
	In this story, such an a-hole, Jon Stewart gives cutting takedown of Kevin O'Leary defending Trump fraud.
	Why?
	You see, I look at these posts and I cannot assume Jon Stewart is so stupid as to how property value works that he's made a mistake.
	Jon Stewart, being very wealthy, likely owns many properties.
	Let me start by saying this.
	First, the gist of this segment, Jon Stewart misrepresents assessed value versus market value to defend the fraud narrative against Trump and attack an actual real estate developer who says it's not about Trump, it's about seizing property from someone.
	This is crazy.
	Jon Stewart here appears to be playing this, um, haha, I'm just a silly man, but look, I can justify the actions of the fringe leftist communist in New York City.
	Again, why many people don't like Jon Stewart.
	It's disingenuous, it's manipulative, and dare I say, it is evil.
	Either through sheer ignorance, but no, I don't think so.
	My friends, let me explain some things to you.
	I understand that many of you may not be millionaires.
	And so for someone like Jon Stewart, who, uh, let's, let's pull up Jon Stewart's net worth.
	He's an older guy.
	He's famous.
	According to the internet, which we know is always correct, Jon Stewart's estimated net worth is $120 million.
	Wow.
	I really don't believe that, but that's pretty crazy.
	A bunch of these... Now, I will tell you that these, uh, celebrity net worth websites, they're wrong, because they don't get my net worth right.
	But this says his net worth is, I got celebrity net worth pulled up, 120 million.
	All right, let's just say we know for a fact that Jon Stewart's a millionaire, okay?
	I certainly don't have nearly as much money as Jon Stewart, though we can make paper arguments about the value of this company.
	Let me tell you this.
	When you buy property, you typically, depending on the property you're buying, you can buy it in your name, you can buy it in the name of a trust, you can buy it under an LLC, a limited liability corporation.
	It really just depends on what your lawyer advises you, I suppose.
	Many people do different things.
	When you do buy these properties, you may notice your tax liability.
	Which means, uh, the tax liability, uh, value of a building, I mean, you know what?
	Let's just do this.
	Let me debunk Jon Stewart in real time by going to Zillow.com!
	First thing I want to do, though, is read for you what Jon Stewart said before we break this down.
	They say Kevin O'Leary is not just the co-host of the competitive reality show Shark Tank or a fierce defender of Trump.
	He's also an a-hole, Jon Stewart says.
	Stewart opened Monday night's The Daily Show with a searing takedown of the conservative media's victimless crime defense of the business valuation fraud for which Trump has been found liable.
	The Attorney General of New York knew that Trump's property values were inflated because when it came time to pay taxes, Trump undervalued the very same properties.
	Stuart mocked Trump.
	It was all part of a very specific real estate practice known as lying.
	Haha, after playing clips of various talking heads in the conservative media realm, including O'Leary, defending Trump's fraudulent overvaluation of his properties, Stuart feigned surprise that O'Leary would take the position of who's next to be prosecuted.
	Stuart parodied Martin Neal Moller's famous quote, ah, who's next?
	The persecuted minority of the investment community, Stuart mocked.
	First, they came for the arbitrageurs, and I said nothing, for I wasn't an arbitrageur.
	And then they came for the quants, which I could be, I don't know what a quant is.
	But I'm surprised to hear this from Kevin O'Leary, a guy who's such an a-hole, wait, that even other people on Shark Tank think he's an a-hole, which he followed the montage of O'Leary barely hiding disgust at contestants of his show.
	You see what he's doing with poisoning the well?
	O'Leary makes a legitimate argument.
	Trump didn't do anything out of the ordinary.
	Jon Stewart then goes in for the character assassination to poison your view of Kevin O'Leary.
	I don't know or care if Kevin O'Leary is an a-hole.
	He's pointing out facts in real estate, which I can easily prove to you in a second.
	Whenever I do these big debunks, please consider sharing this video with your friends who watch The Daily Show.
	And they can comment below.
	Please encourage them.
	Say, you need to comment on the video and tell Tim Pool why he's wrong and why Jon Stewart's correct.
	I welcome you to do it.
	Stewart aired a quote, blah, blah, blah.
	Leave it to Kevin O'Leary to be unaware enough to say the quiet part out loud.
	He said before going for the kill, the effing entitled to arrogance.
	I don't know if you know this, but most people just can't commit fraud and expect to face no repercussions, even if everyone's doing it.
	Try getting a car loan by saying you have 10 times as much money as you really do.
	Or claim 20 dependents when you have no children.
	Or say you make slightly less money to qualify for food assistance.
	I will guarantee you there are not just financial consequences for those lies, but criminal ones.
	Yo!
	From Rocket.com.
	Possessed value versus market value, your questions answered.
	From February 29th, 2024.
	This is not fraud.
	It's quite literally how governments handle this.
	And if the government tells you, this is how you do it, you say, okay, and they go, ha ha!
	Fraud!
	Now we've got a problem of government, John.
	You intentionally duplicitous and disingenuous bad actor.
	Assessed value and market value.
	Assessed value is assigned by a local government for property tax purposes.
	A market value is the price a buyer and seller would agree upon in an open competitive market.
	Assessed value is determined by a tax assessor and market value by an appraiser.
	The determination of an assessed value is based on factors like location, size, condition, and other relevant criteria assessed by the government.
	Market value is determined by factors such as recent sales of comparable properties, property condition, and home size.
	Assessed value is used to determine the amount of property taxes owed.
	Market value fluctuates based on local market, the economy, and other property features and upgrades.
	The reason why they're different is actually quite simple.
	The assessed value is static.
	You pay your bill.
	And we need to know what that bill's going to be moving forward to make sure we can maintain this property.
	But market value could change in a moment's notice.
	A rich guy comes in and says, I want to buy this whole block!
	And you're like, whoa, the whole block?
	Instantly, prices are going to go up.
	Because everyone knows he wants that block.
	Maybe a real estate guy says, I'm going to demolish all of these houses and build a circus!
	Whatever he wants to do, you now have a potential for holding out.
	He goes to your house and says, what's the market value?
	Well, the assessed value could be $100,000, but now with your market demand, it's upwards of $300,000.
	So here's what happens.
	The tax assessor comes to your building and says, it's a $100,000 property.
	You do some improvements.
	You improve the lawn.
	You get reassessed.
	They say, yeah, it's gone up.
	Now you owe us a little bit more money.
	I also think it's insane.
	You got to pay more taxes because you made your house nicer.
	That's a whole other story.
	Then a real estate guy comes in and goes, actually, now, because of the change as of yesterday, you got assessed a month ago, but yesterday the market price changed and your value has gone up.
	So you go to a bank and say, the current market value is X. It was assessed a few months ago at a different rate, but that's how things go.
	I give you, my friends, Zillow.com!
	I simply went to Zillow and clicked the first property that appeared.
	800.
	Ooh, look at this beautiful house.
	We got a Seattle, Washington property.
unidentified		$835,000.
tim pool ▲ ● ▼		Ooh wee!
		What photos we got?
		Look at this.
		Oh, we got it.
		We got it playing these beautiful.
		Oh, look at that.
unidentified		Wow.
tim pool ▲ ● ▼		That looks very nice.
		I appreciate the high dynamic range photographs they've taken of this very beautiful Seattle location now.
		Only a crazy person would choose to live in Seattle right now, but perhaps you are crazy.
		Certainly I wouldn't invest a million dollars in real estate in Seattle.
		That's just me, but maybe you want to live surrounded by leftists.
		Now, you may be saying, now hold on there a minute.
		We've got a $835,000 sale.
		Let me scroll down to Zillow and see what we can find.
		Oh, they got a 3D tour.
		Oh, so beautiful.
		So beautiful.
		Facts and features.
		Got a three-bedroom, three-bathroom.
		Oh, that is so great.
		Second floor, no basement.
		What can I say?
		Total spaces, construction style, and I'm hoping they have the assessment here.
		Price history.
		Unfortunately, there is no tax history.
		Okay, okay.
		So, okay, hold on.
		Property taxes based on the current selling price.
		All right, all right.
		Well, let's do this.
		Let's do this.
		Let's see if we can find something older in the Seattle area, which is going to give us the actual tax assessment.
		Because this is the point of why I bring this up.
		Not every single Zestimate here says it's worth less.
		Take a look at this.
		This one's listed at $649,000, this beautiful property.
		And the Zestimate from Zillow, based on comparables, is $631,000.
		Fraud!
		Fraud, I say!
		How dare you try to get more money out of me when Zillow... Well, okay, Zillow's not the, uh... Uh, let's see if we can get a tax assessment here.
		Can you get out of here with this?
		Uh, neighborhood, market value, facts and features, yadda yadda.
		We need some, uh, we need some tax history, guys.
		Maybe I should jump to a different state which is gonna give us better tax history on these.
		I don't know, maybe Seattle is not the... Okay, pri... Oh!
		We got it!
		We got it, baby!
		Here we go.
		Let's play this game.
		Jon Stewart!
		There is no way I believe you're this stupid, okay?
		Let's jump down.
		The year is 2023.
		Property taxes on this beautiful property listed on Zillow is $4,639, with a tax-assessed value of $485,000.
		Yet, in 2023, it was listed for sale at $660,000.
		value of $485,000. Yet in 2023, it was listed for sale at $660,000.
		We got them, boys. We got fraud in Washington state.
		The tax assess- You mean, the people who own this building, they knew the government said it was only worth $485,000, and they're trying to sell it for $660,000?
		Fraud!
		The poor people, who wanted to buy this, who are being defrauded, and I tell you this now, good sirs and mams, madams, How could you possibly consider buying this property, currently listed at $649,000, price change as of March, when you know the assessed value is only $485,000?
		March when you know the assessed value is only $485,000.
unidentified		Looks like you got some splaining to do here, sir.
tim pool ▲ ● ▼		John, I need your help.
		It turns out that there are hundreds of thousands of properties currently being listed at fraudulent prices.
		How dare they raise the price on this?
		Could you imagine?
		Take a look at this.
		You're trying to sell this house for $660,000.
		Let's talk about the fraud here.
		We're gonna get him.
		So you buy this property, and you're shifty and you're looking around and you're like, I know, the tax assessed value is only $485,000.
		Which certainly means the property could be worth no more than that.
		But so, you got a plan.
		You list this for $660,000.
		You see where we're going with this.
		Now, the unsuspecting buffoon goes to the bank and says, they say the property is valued at $660,000.
		And the bank goes, well, gee, I guess we just have to trust them and I'll issue out that loan.
		Bang!
		You, the homeowner, you just get all that money.
		That's right.
		Even though the government says the property is only worth $485,000, you just scored yourself a quick $180,000.
		$175,000 you put in your pocket by lying about the value of this property.
		175 you put in your pocket by lying about the value of this property.
		John, John, please.
		I need your help.
		How about we do this?
		We start a non-profit to put in prison anyone who has listed their property above the tax assessed value by the government.
		Jon, I know you, as someone who's worth millions of dollars, owns property.
		How much do you want to bet I can look up your properties, where you value on your taxes, property at higher or lower amounts than the government tax-assessed value, so that you can pay more or less?
		How many properties has Jon Stewart sold recently?
		I'd love to play that game.
		I wonder if it's possible to look up Jon Stewart's publicly available, public-facing properties.
		Now, he may put them behind trusts and LLCs, and so it could take some work to try and figure out what properties he owns, bought or sold, but I'm willing to bet Jon Stewart has sold properties at higher values than the government has assessed.
		Defrauding these poor people!
		Could you imagine Jon Stewart selling a property?
		Let me see if I can Google search this.
		Let's roll.
		Jon Stewart sells home.
		Let's see if any of these stories come up.
unidentified		Uh-oh.
unidentified		Oh.
tim pool ▲ ● ▼		Oh my god.
		Ladies and gentlemen, I think we got him.
		Jon!
		Jon Stewart admitted to committing fraud.
		This one's gonna be wild.
		I'm kidding, by the way.
		I don't know that he actually admitted to committing fraud.
		I don't actually think selling property at a higher value than the government determines it's worth is fraud.
		But this is the argument?
		Jon Stewart's calling it fraud because Donald Trump paid taxes, then went to the bank and said, it's probably going to sell for more than that.
		And the bank said, well, we'll get our own appraisal.
		The bank came back and said, we don't think it's worth that much, so we'll give you a loan at X. And Trump said, OK.
		And they went, fraud!
		Fraud, I say.
		Oh, boy.
		New York Times, November 7, 2014.
		What's the statute of limitations on real estate fraud?
		Jon Stewart sells Tribeca Penthouse for $17.5 million.
unidentified		Whoa.
tim pool ▲ ● ▼		A sophisticated penthouse at 161 Hudson Street.
unidentified		Uh-oh.
tim pool ▲ ● ▼		All right, baby.
		Let's roll.
		I'm gonna type that address right near that Zillow.
		161 Hudson, New York.
		Looks like we do have Zestimates for this penthouse.
		It is off the market.
		Let's play.
		I'm willing to accept that I am wrong.
		And maybe Jon Stewart did the noble and honorable thing of asking the government what the value of his property was and then selling it at the rate the government determined it was worth.
		A sophisticated penthouse at 161 Hudson Street, configured as a duplex loft with 2,000 square feet of outdoor options, and nearly 6,000 square feet of interior space, sold for $17.5 million and was the most expensive sale of the week, according to City Records.
		The voluminous unit number 9A8B, with more than 40 windows providing exposures in three directions, has been owned since 2005 by the television pundit Jon Stewart, host of The Daily Show.
		This time, the apartment traded privately with Mr. Stewart, reaping a serious profit.
		Records indicate that he paid $5.8 million in 2005, a year after the circa 1900 building underwent a conversion to a loft-style residence.
		The building at the corner of Hudson and Late Streets enjoyed previous notoriety in the sight of wetlands, etc., etc., etc.
		The runner-up, selling at $13,685,462.50, was a five-bedroom, seven-and-a-half-bath sponsored... Okay, blah, blah, blah, blah, blah.
		All right, what do we got?
		Five-bedroom, six-bath.
		and that bath sponsored. OK, blah, blah, blah, blah, blah.
		All right. What do we got? Five bedroom, six bath. What was. Do they say.
		His was bigger than this.
		Let's just compare the square footage so we can see that we're getting something comparable.
		Uh, let's see.
		Let's see.
		Home details.
		They might not have it.
		This property is not currently for sale.
		Uh, let's see.
		Or for rent on Zillow.
		How many square feet do we have here?
		$6,000 a year.
		Total interior livable size is $5,802.
		Okay, I don't know that they actually have the tax assessments on this loft.
		Um, we have the price history, 2022, and we do not have, uh, we don't have any tax, uh, data on this one.
		So, unfortunately, I can't give you the, uh, the taxes here.
		But, I'd be willing, er, is it because they're not doing it on the property?
		Because, well, I'm, I'm assuming, let me, let me make sure I get this right.
		right. All joking aside, do you property taxes apply to all type of real estate including
		So I'm curious as to what the tax assessed value would be.
		And how do you pull that one up?
		Long story short, I pulled this up because the reality is there's no way Jon Stewart sold this at the tax assessed value.
		Especially if they're arguing other properties went for different rates.
		And we're here in New York City.
		Let's just do this.
		Let's find a comparable building.
		I see.
		I just saw $17,000,000.
		Let's see if we can get a... So this is slightly smaller with 4,000 square feet.
		But at $17,000,000, let's see if we can get the tax assessment for whatever this property is.
		You can't get them all the time.
		So maybe we won't be... We're not going to be able to here.
		Market value, price history, public tax history unavailable.
		Let's keep digging.
		Property tax is at $14,000.
		You can make the... Oh, okay.
		It's an estimated property tax.
		Let's try and find a comparable... We're gonna have fun with this one.
		We're gonna take our time here.
		Let's do a minimum of... What's the most... Let's do a minimum of $15,000,000.
		And there we go.
		Alright, we got a $15,000,000 property right here.
		Let's see if we can find some tax date on any one of these buildings.
		I'm doing this in real time, by the way.
		So, this is all... And let's see, do they have tax information on this bad boy?
		Price history, and... There we go.
	Holy crap!
unidentified		Whoa!
tim pool ▲ ● ▼		Take a look at this.
		This is actually really shocking to me.
		This property is listed at $15,000,000 and its tax assessed value in New York City was $654,000.
		I think we need an investigation here.
		I think we need an investigation into Jon Stewart because I'd be willing to bet based on comparables as of right now.
		And you go back, this was 2014.
		Let's see, here's a property.
unidentified		$17,000,000.
tim pool ▲ ● ▼		What's the square footage?
unidentified		$5,900,000.
tim pool ▲ ● ▼		Comparable to the property that Jon Stewart sold.
		Let's see if they've got tax assessed value here.
		And they do!
		$720,000 tax assessment.
		What is this?
		Something's not right.
		Something is not right.
		Look at this.
		Property taxes, $88,000.
		Let me put it this way.
		The tax assessment, certainly they must not be... Look, I don't know.
		You know, I'm just gonna say this.
		I'm wrong about something, because something's way off.
		We've got some questions for Jon Stewart.
		On the first property I showed you in Seattle, the tax assessed value was about half a million, and it was being sold for $660,000.
		That makes sense.
		Tax assessment says it's worth this.
		It's actually worth quite a bit more.
		Interesting.
		It's tax assessment.
		What does that mean?
		Let's make sure we get this right.
		Because I'm actually surprised.
		Your property tax assessment.
unidentified		Blah, blah, blah, blah, blah, blah, blah, blah.
tim pool ▲ ● ▼		The assessed value of your property.
		That's, that's ridiculous.
		I didn't know that.
		For real?
		New York City assesses a $15 million condo at $700,000?
		Alright, John.
		I mean, did you defraud the city of New York to the tune of millions of dollars?
		That is a wild, wild story.
		But maybe this is why Kevin O'Leary is freaking out so much about what's going on in New York.
		Because all of these properties sell for way more than their tax-assessed value, basically destroying the New York market.
		I didn't realize it was this serious!
		The tax assessment on this $20 million loft is $900,000!
unidentified		Wow!
tim pool ▲ ● ▼		Now that's fascinating.
		Uh-oh.
		Oh, Jenny boy, I got questions about how much you were paying in taxes at that property.
		Maybe we should start to do some digging to see about the fraud that you've committed.
		Maybe.
		Maybe not.
		I think it's entirely possible I'm missing something with New York law or whatever, but it is a fact.
		Tax-assessed value and property value, market values, are totally different things.
		Jon Stewart made the argument that Trump committed fraud and Kevin O'Leary is an a-hole because they draw a distinction between tax assessment and market value.
		Remarkable, isn't it?
		But that's why people say Jon Stewart's not a good dude.
		Not a good dude!
		Say I love you.
		I don't know, I suppose y'all can look into it.
		I just Google-searched John Stewart Sells Home and this story popped right up.
		I'm sure you can easily look in the county website to see the tax-assessed value of that property and see how much John Stewart defrauded New York City and New York State for.
		John, I think it's time we start seizing your assets.
		If that's the game you want to play, I certainly hope Donald Trump does.
		How about Donald Trump gets in office and says, all right, I'll allow the state to seize my properties, and I am going to start by going after everybody with federal charges who did the same thing.
		Welcome to real estate hell.
		Nah, I don't think he should actually do it, but there you go.
		I'll leave it there.
		Next segment's coming up at 8 p.m.
		over at youtube.com slash TimCastIRL.

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