| Speaker | Time | Text |
|---|---|---|
| The snap occalypes. | ||
| Will it come? | ||
| Will snap benefits dry up November 1st? | ||
| Well, right now, the speculation is it is likely. | ||
| Because even with the Democrats' lawsuits against the Trump administration and the USDA, they're holding firms saying it's Democrats' fault. | ||
| They voted not to fund the government, and we are not going to give them this money. | ||
| If the suit does succeed, it's still going to take several days to go through appeal. | ||
| That is, if Trump wants it to happen. | ||
| Because Donald Trump is now saying, don't worry, all of you who want to buy sugary sodas and cookie treats, you can. | ||
| Trump says snap benefits will be solved for November. | ||
| So rest assured, my fellow Americans, you need not worry. | ||
| All of those people threatening to loot your stores, murder you, break into your home, they're not going to because you are paying them off. | ||
| And don't worry, Donald Trump will make sure that these people will get their candy bars and sugary treats all the same. | ||
| That's what you wanted, right? | ||
| You wanted Donald Trump to cave and give these people their welfare benefits? | ||
| It'll never end, will it? | ||
| Certainly, there are people who really do deserve some kind of assistance, and I don't want them to get cut off. | ||
| But oh boy, there are a lot of people who do not. | ||
| Some of the top items that people buy with food stamps, soap pop. | ||
| That's right, sugary drinks that are bad for you. | ||
| And you get all these videos that go viral of morbidly obese and obese people saying, I need my food stamps. | ||
| Why are we funding this? | ||
| Now, Democrats have come out and said, but understand that for every dollar invested in food stamps, $1.80 of economic activity is generated. | ||
|
unidentified
|
Ooh. | |
| Well then, how about we just let the people who earned that dollar spend that dollar and generate economic activity? | ||
| It's a stupid argument. | ||
| But it looks like Trump is going to cave, so we will see. | ||
| Maybe the threats of violence got him scared. | ||
| Maybe Republicans think they can swoop in and say, you know what? | ||
| We are fighting for you as the Democrats voted to shut you down. | ||
| There are a lot of plays here. | ||
| I think the move is largely political and about the midterms. | ||
| The midterms is far away. | ||
| The move Trump may be making is: Democrats did this to you. | ||
| We are going to save you. | ||
| Seems like a Trump move. | ||
| The USDA website blames Democrats explicitly. | ||
| So we'll go through all that and where we're currently at, my friends, and we'll see what happens. | ||
| Before we get started, make sure you click the link in the description below and go to DCComedyLoft.com. | ||
| November 8th, we are to be live talking dating in the modern era with Emily Saves America, Myron Gaines, Alex Stein, and Brian Shapiro. | ||
| And it's going to be a hoot where you, as members of the audience, can submit your debate points on the issue. | ||
| And if you speak good and stuff, we'll invite you on the stage to join the debate. | ||
| It's going to be November 8th in DC doors at 2 p.m. | ||
| You got to come. | ||
| We do have a good amount of tickets left, but it's filling up quickly. | ||
| We just started promoting it, so we start, you know, selling a lot. | ||
| Also, don't forget, head over to Casbrew.com and pick up some Mary's Ghost blend, the new, we'll call it the fall season blend, where Mary is a ghost wearing all black with demonic eyes. | ||
| And then, of course, you can always pick up Appalachian Knights, Ian's Graphene Dream. | ||
| But we have a whole plethora of coffees to choose from, including coffee pods. | ||
| Check out Casbrew.com and support the work we do at Casbrew.com. | ||
| Well, here's the first story. | ||
| The one that matters the most. | ||
| Trump says SNAP benefits will be solved. | ||
| Okay, then. | ||
| What do we got? | ||
| Speaking on board Air Force One during his trip to Asia, Trump told reporters, quote, we're going to get it done, but offered no details on how it might happen. | ||
| Well, as you know, 42 million Americans are expected to lose their SNAP benefits in two days. | ||
| Is it two days or is it three days? | ||
| I think it's three days. | ||
| I mean, it depends on how you want to count November 1st. | ||
| So, and today, whatever. | ||
| In a couple days. | ||
| How about that? | ||
| But what does this mean? | ||
| Are they going to riot and burn everything down? | ||
| Well, I give you, my friends, the USDA website, USDA.gov, with an alert on the top of the page. | ||
| Senate Democrats have now voted 12 times to not fund the food stamp program, also known as the Supplemental Nutrition Assistance Program. | ||
| Bottom line, the well has run dry. | ||
| At this time, there will be no benefits issued November 1st. | ||
| We are approaching an inflection point for Senate Democrats. | ||
| They can continue to hold out for health care for illegal aliens and gender mutilation procedures or reopen the government so mothers, babies, and the most vulnerable among us can receive critical nutritional assistance. | ||
| I say do none of it. | ||
| Let it expire. | ||
| And that may be the Republicans' plan. | ||
| Maybe Trump is saying we'll get it done because he wants to give a vague non-answer. | ||
| Perhaps. | ||
| I do want to give a quick shout out to the Mud Club, Stephen Crowder's crew. | ||
| You guys rock. | ||
| Appreciate the raid. | ||
| This, of course, is the Rumble Morning lineup. | ||
| But we've got more for you. | ||
| Democrats are launching an alternative bill to save SNAP funding. | ||
| Legislation led by Senator Ben Ray Luhan could draw Democratic support away from rival bipartisan plans by Josh Hawley, which pushes the USDA and Treasury Department to fully fund November benefits under the SNAP program. | ||
| Luan's bill, on the other hand, would require the administration to fund both SNAP and a separate food aid program serving low-income women and children. | ||
| It would also require that states be reimbursed for funding benefits during the shutdown. | ||
| Let me just make it very clear for all of you. | ||
| The majority of people who receive welfare benefits. | ||
| I'm sorry, I'm sorry. | ||
| Let me rephrase this. | ||
| Democrats are substantially more likely to receive welfare benefits than Republicans. | ||
| So when the Republicans come out and say they're going to give these benefits, they're outright saying we're going to help Democrats win. | ||
| We're going to take from you, hardworking taxpayer, to give to them who don't. | ||
| Don't get me wrong. | ||
| There are many people who really do need the assistance, and I respect that, but I don't believe a system should exist that makes it possible for people to not work. | ||
| So here's my proposal. | ||
| How about we pass a bill that in order to fund SNAP benefits, if you are receiving this, you got to work. | ||
| Right? | ||
| Why not? | ||
| There are jobs that need to be done. | ||
| Why are we just giving this away? | ||
| Why do I work 16 hours a day and pay half my income in taxes so that people don't have to work? | ||
| It makes no sense. | ||
| And I'm not for it. | ||
| Here's my pitch. | ||
| When you receive that EBT card, you're required to show up at a certain location and do some work. | ||
| You want money. | ||
| You got to earn that money. | ||
| That work can be trash cleanup. | ||
| It can be at-home data entry. | ||
| And I'm not even saying eight hours. | ||
| It's got to be maybe four hours a day. | ||
| You do four hours of work and the other four hours go look for a job. | ||
| And then I would say after a month, if you want to keep receiving these benefits, then you have to like, you have to have some kind of job. | ||
| And here's what I'll stress this. | ||
| Getting a job and losing the benefits is an incentive for people to not get a job. | ||
| That's the problem. | ||
| The way it should work is you get a job, and as a percentage, you still receive. | ||
| You see what I mean? | ||
| Because I've met these people. | ||
| They're people who really need it. | ||
| And they're getting, you know, a couple hundred bucks a month. | ||
| And they're like, but if I get a job, I'm going to have less money for food because they're going to take all the benefits away. | ||
| So it should be a tapering down, a tapering down. | ||
| To be honest, I would actually be totally okay if they just let it expire, didn't fund it, and said yeah, on your own. | ||
| Because after seeing the reaction to all of these individuals on food stamps, it's not literally every single person. | ||
| I'm just like, we got to shut it down. | ||
| Shut it down and start over. | ||
| The Daily Wire writes, the EBT program is a massive scam, and the government shutdown proved it. | ||
| Many people receiving food stamps would rather rob you than have to pay for their own groceries. | ||
| Indeed. | ||
| Well, here we have this. | ||
| Newsweek says, Snap benefits, U.S. faces greatest hunger crisis since the Great Depression. | ||
| Let's roll, baby. | ||
| Here's an AI video from TikTok, which is going viral and everyone loves. | ||
|
unidentified
|
Let's go. | |
| Everybody, grab what you can. | ||
| Y'all, they put out the food stamps this morning. | ||
| It was shut down. | ||
| Got folks losing it. | ||
| Look at this. | ||
| They done rushed the whole store. | ||
| Shell's clearing out like it's the end of the world. | ||
| Nobody stopping. | ||
| Hey, you move. | ||
| Let's go. | ||
| Now, this is an AI video, and it's funny. | ||
| Snopes actually did a fact check on it. | ||
| You can see the Sora tag in the video. | ||
| But it's funny because, yeah, I think it's actually going to happen. | ||
| Let me play this video for you guys. | ||
| A montage of what these people think of you. | ||
|
unidentified
|
My kids have not eaten in five days. | |
| It is the taxpayer's responsibility to take care of my kids. | ||
| Trump don't cut no food stamps out. | ||
| If you're poor, don't have kids, okay? | ||
| If you're struggling, don't have kids. | ||
| Don't bring more in. | ||
|
unidentified
|
If you already have them, that's another situation. | |
| If you don't have them, don't bring any in. | ||
| And if you have two, don't go having another one. | ||
| If you have one, don't go having two more. | ||
| So they say two million is getting cut off this month for the scamps. | ||
| I'm about to go find out if I'm in that number, in that ratio. | ||
| It's been day five, and I have not received no food stamps. | ||
| My disability checks is on hold. | ||
| My cash benefits is not coming no more. | ||
| They're still pending. | ||
| It is the taxpayer's job to pay for my kids to eat and for my kids to be taken care of. | ||
| That's right. | ||
| What's wrong with you, people? | ||
| You work for us. | ||
| I should get all of your stuff for free. | ||
| I mean, that's the Zoran AOC message, right? | ||
| It is your responsibility to break your back every single day, working as hard as you can, so that I can have the government take from you what you've produced and eat. | ||
| Why should I have to work, right? | ||
| That's the message. | ||
| Now it's one lady in one video. | ||
| There's a little bit more. | ||
| Let's play more. | ||
|
unidentified
|
I have over 2,000 followers on TikTok and I can't get now one person to send me 50 cents. | |
| If you watch a video and you can't send me nothing, I'm blocking you. | ||
| Well, block me, lady. | ||
| I don't follow you. | ||
| And I ain't giving you any money. | ||
| But the sad reality is the government takes the money from us by force that we've earned and then gives it to people like this. | ||
| And this is why my attitude is largely just, dude, let it go, man. | ||
| I ain't playing that. | ||
| Oh, here's more. | ||
| Here's more. | ||
| I'm going to tell y'all straight up like this. | ||
| I just got that text that the link is definitely getting cut the F off for November. | ||
| Y'all better stay the F out of my way in these stores because I'm walking out with carts and I'm not paying for ish. | ||
| One angry Snap recipient fumed on TikTok. | ||
| Oh boy, do I have more clips? | ||
| Here's Mr. Obvious on Axe. | ||
| He says, breaking. | ||
| Local grocery chains across the country are currently preparing for massive looting sprees as snap and free benefits run out. | ||
| War is coming. | ||
| History will dub thee the Battle of Walmart. | ||
| This person said, just talked to a buddy who works at a local grocery store chain, and they're apparently talking about locking down aisles and doing a bring list. | ||
| And we'll go get him system, bringing in armed security because they expect the store to be picked dry by looters next week. | ||
| Oh, wow. | ||
| Here's another video that's gone massively viral. | ||
| And here you go. | ||
| Listen to this one. | ||
|
unidentified
|
If I came in your house with all my bags, picking out all your food, deep freezer, snacks, your grandmama's milk, and everything. | |
| What you gonna do? | ||
| I'm curious. | ||
| What you gonna do if I was to walk in your house and go grocery shopping in your shit? | ||
| Okay, I'm gonna play that again for you guys because I want to point out a few things. | ||
|
unidentified
|
If I came in your house with all my bags, picking out all your food, deep freezer, snacks, your grandmama's milk, and everything. | |
| What you gonna do? | ||
| Your grandmama's milk. | ||
| What does that mean? | ||
| Like my grandmother brought milk and brought it to my house? | ||
| Well, I don't have any grandmothers personally, but what is the implication for the average person? | ||
| You live with your grandma, I guess. | ||
| Well, I don't know what she's saying. | ||
|
unidentified
|
But I'm curious. | |
| You're curious? | ||
| Lady, I'm going to tell you what's going to happen. | ||
| If you live in an urban environment where these Democrats live, yet they're for you getting welfare benefits. | ||
| They're not against it. | ||
| It's the conservatives that are largely against it. | ||
| So if you're asking me to the people who oppose you receiving benefits, because I don't think your argument's not to the liberals, right? | ||
| Because they're saying they want you to have free food. | ||
| I don't need to say what would happen to you if you entered someone's home in a conservative area without permission. | ||
| I don't need to say it, but I'm gonna. | ||
| You'll get shot. | ||
| You can't, they play this game. | ||
| I'm gonna walk in your house and take your stuff. | ||
| Okay, well, there are some states where you can't defend yourself. | ||
| But for many states, conservative ones, Castle Doctrine, it is not incumbent upon the homeowner to make a determination on the threat they face. | ||
| Let me clarify that. | ||
| In West Virginia, specifically, and in many of these Castle Doctrine states, if you enter someone's home, they can shoot you. | ||
| Now, if they go beyond stopping the threat, then they can be jailed. | ||
| But most of these states recognize that you stop the threat when the person has died. | ||
| Now, there are some challenges here, because what if someone has just got the wrong address? | ||
| Someone texts and says, hey, come to my house, door is open, come on in. | ||
| And they go to the wrong house. | ||
| Yeah, unfortunately for you, it is not incumbent upon the person who lives there to wait to figure out whether or not you, invading their home, intend to kill them. | ||
| And this means sometimes accidents happen. | ||
| But lady, if you're saying you're going to break into someone's house with the intent to steal, you're a criminal committing burglary, and the homeowners don't have to sit there and wait and say, hold on there, gosh darn minute. | ||
| I need you to tell me what you intend to do. | ||
| That's not how it works. | ||
| So yeah, lady, is this seriously the game they want to play? | ||
| You will get shot. | ||
| Well, here we go. | ||
| States are suing. | ||
| Trump says that they're going to release the funds. | ||
| Now, the issue here is there is $6 billion in emergency funding that SNAP has available. | ||
| They could release it. | ||
| However, the Trump admins said, no, we're not going to do that because, well, Democrats are the ones who don't want to open the government because they want medical care, ACA benefits for illegal immigrants. | ||
| The truth is, Republicans could reopen the government whenever they wanted. | ||
| They could eliminate the filibuster. | ||
| It takes only a simple majority to change the Senate rules to eliminate the filibuster. | ||
| It goes like this. | ||
| Filibustering is a tactic. | ||
| You stand up and you talk for 20 hours. | ||
| Anybody can do it. | ||
| Rand Paul does it quite a bit. | ||
| This obstructs the ability of the congressional body to hold their vote because you are talking. | ||
| Filibuster. | ||
| You're effectively just blocking the vote. | ||
| So the Senate basically said, guys, it's stupid. | ||
| Why actually have anybody do it? | ||
| Let's just do this. | ||
| Instead of standing up and talking forever, we will just require a 60-vote threshold. | ||
| That's it. | ||
| This means with 53 seats, Democrats have to be on board with these plans to pass the bill. | ||
| Or Republicans could eliminate the filibuster. | ||
| And 51 votes is all you need. | ||
| I think they should. | ||
| However, I think Republicans aren't because it's part of the strategy. | ||
| Polls reveal warning signs for Democrats ahead of the midterms. | ||
| I think Republicans are doing this because it will help them in the midterms. | ||
| As we can already see from the USD website, they're using this government website, blaming Democrats to benefit them in the upcoming elections. | ||
| Not even just Congress, but you've got New Jersey's governor race and you've got Virginia. | ||
| I think they're basically saying, we want to win an election. | ||
| But wait, there's more. | ||
| I asked our friend Grok.com, are Democrat voters more likely to receive personal welfare benefits? | ||
| Actually, it's a typo and it says more likely you'll receive, but Grok understood what I meant. | ||
| Yes, surveys indicate that self-identified Democratic voters are more likely than Republican voters to report receiving certain welfare benefits. | ||
| For instance, a Pew Research Center analysis found that 22% of Democrats had received food stamps at some point compared to 10% of Republicans. | ||
| Democrats were also more likely to report benefits from multiple government entitlement programs. | ||
| 37 versus 37 to Democrats, 30 for Republicans. | ||
| Similar patterns hold for programs like Medicaid, where a plurality of recipients under age 65 lean Democratic. | ||
| These trends align with broader demographic overlaps, such as higher welfare usage in urban and lower income groups that tend to vote Democratic. | ||
| The rural red areas also show elevated participation in rates in programs like SNAP. | ||
| Data can vary by program and region, and self-reporting may introduce some bias, but the conditional probability appears higher for Democrat voters overall. | ||
| So let's take a look at 270 to win 2026 congressional map. | ||
| And let's look at this. | ||
| This is wrong. | ||
| 214 Republican, but it's skewed to the left. | ||
| I need to refresh the page. | ||
| Reload, and there it is properly. | ||
| With 214 Republican seats expected to Democrats 201, there are 20 seats up for grabs. | ||
| That's wild. | ||
| That means based on the polling right now, these swing districts, we could end up with 234 Republican seats in the House. | ||
| And I think it's actually got a decent probability. | ||
| Now let's do the math. | ||
| If Democrats are more likely to receive welfare benefits, that means Democrats are more likely to be angry about getting cut off from SNAP. | ||
| Republicans less likely. | ||
| So the gambit is pretty simple. | ||
| The Republicans and the Trump admins say, well, who cares if people get cut off from SNAP? | ||
| Seriously, it's going to affect Democrats to Republicans two to one. | ||
| And what does that mean? | ||
| In these swing districts where Democrats currently hold office, they are more likely to vote against those Democrats. | ||
| Because, you know, these high-level politicos like to say, yes, but the Republicans are to blame. | ||
| So they'll vote Democrat. | ||
| People don't vote that way. | ||
| That's not how elections work. | ||
| And the Democrats, they know this. | ||
| The PACs know this. | ||
| The way it usually works, people vote against whoever is in power. | ||
| So here's how it plays. | ||
| Historically, you'll get a president and you'll get president and a Congress from political party A. Two years later, the political party B will win the midterms. | ||
| Because let's just say with Republicans and Democrats. | ||
| With Republicans in office, all of the problems, people will say, well, the Republicans are in charge and it's not working. | ||
| And so they will vote for Democrats. | ||
| In these swing districts, Republicans who are in charge will get voted out. | ||
| However, Democrats are more likely to be upset. | ||
| What does that mean? | ||
| Republican voters in these areas that are swing districts, but Republican, you're going to have less of an impact. | ||
| On R1 or R plus 2, you will see less anger. | ||
| In these Democrat swing districts, you will see slightly more anger. | ||
| The people are going to say the Democrats are, we have a Democrat member of Congress. | ||
| They're in control. | ||
| Get angry and vote for the opposition. | ||
| To put it simply, Democrat districts are more likely to suffer because of this than Republican districts. | ||
| So I think that may be Trump's gambit, the Republican gambit. | ||
| But where it ultimately leads, my friends, food riots, looting, economic downturn. | ||
| And this story, I think, plays into it pretty well. | ||
| Amazon lays off thousands of corporate workers as it spends big on AI. | ||
| It's not just the food riots. | ||
| I think we have a likelihood of coming violence in general. | ||
| And I talked about it earlier this morning, that woman, prominent podcaster with over a million subscribers, calling for the murder of conservatives and threatening to murder Democrats unless they get on board with their murder plans. | ||
| You know, maybe it's a little hyperbolic, but basically she said she played a video of people celebrating the death of Charlie Kirk and saying maybe Caitlin Bennett should be murdered as well. | ||
| The woman then laughs and says, there's more of us who feel this way than you think. | ||
| She says if Democrats don't get on board with this, they'll treat them the exact same. | ||
| That is celebrating the murder, advocating for murder, and then saying Democrats will get the same treatment unless they get on board with their desire to murder. | ||
| It's pretty incredible. | ||
| Bloomberg says U.S. political violence surges to record, according to analysis. | ||
| And then we have this. | ||
| The Daily Wire posted this. | ||
| Senator Welch said, everybody involved and convicted for January 6th was pardoned. | ||
| Raise your hand if you think those pardons were appropriate. | ||
| All Republican witnesses raise hand. | ||
| Even those attacking Officer Hodges, Republican witnesses, silence. | ||
| Silence. | ||
| It's actually a lie because these people are evil. | ||
| The Daily Wire posted the real clip, and I'll show you the full context of what really happened. | ||
| As you know, everybody who was involved and convicted was pardoned. | ||
| Raise your hand if you believe that those pardons were appropriate. | ||
| And indeed, they all do raise their hands. | ||
| All right, so that includes pardons for folks who were involved in attacking Officer Hodges. | ||
| It does. | ||
| You know, Mr. Chairman, I have to say, are we being invited to speak? | ||
| Pardon me? | ||
|
unidentified
|
Was that an invitation to speak? | |
| No, you understood. | ||
| It was not. | ||
| I mean. | ||
| Mr. Knowles, Michael, I don't, I got to be honest, I never want to testify in front of these people. | ||
| I just don't. | ||
| I don't want to have to prepare testimony. | ||
| I don't want to take time off work. | ||
| But I would be way, way more aggressive if I was sitting in that chair. | ||
| I really do mean it. | ||
| I'd get thrown out probably. | ||
| It's a setup. | ||
| The pardoning of these individuals on J6 largely has to do with three years in prison for a riot. | ||
| So commutation, not everyone got pardoned. | ||
| And this guy's lying. | ||
| Many of these were commutations. | ||
| The overwhelming majority were pardons. | ||
| The pardons were for people who walked peacefully into a building unknowing without knowing what was going on. | ||
| And he says that would include the people who attacked the cop. | ||
| Well, the people who attacked the cop went to prison for several years, and they deserved to. | ||
| And the question is: was the person who attacked this cop pardoned or commuted? | ||
| Because commutation means you are guilty of the crime, but three years was enough. | ||
| And I think three years was enough. | ||
| But you see what he did here. | ||
| Here's the clip they posted. | ||
| Everybody who was involved and convicted was pardoned. | ||
| Raise your hand if you believe that those pardons were appropriate. | ||
| All right. | ||
| So that includes pardons for folks who were involved in attacking Officer Hodges. | ||
| It does. | ||
| Everybody who. | ||
| He cuts it off right before Michael Knowles says, is that an invitation to speak? | ||
| I don't need an invitation to speak. | ||
| And this is why, Michael, you're great. | ||
| Okay? | ||
| But please, conservatives, stop being so demure. | ||
| I'm not interested in demure. | ||
| I'm not interested in this polite, let the Democrats be evil game. | ||
| I'm not interested. | ||
| We have a threat of looting and violence and riots, and everyone's joking about it because of SNAP benefits. | ||
| These are people who, not all, but many, don't work, don't want to work, and a couple million of the 42 million are not even legal immigrants. | ||
| We are paying for these people to live and they threaten us with violence. | ||
| Okay, yeah, we're hostages. | ||
| That's it. | ||
| My attitude with this stuff: Democrats are going to lie. | ||
| They're going to lie again. | ||
| They're going to keep lying. | ||
| I'm not playing nice. | ||
| I'm not playing this game. | ||
| First of all, I talk too much. | ||
| But if Homeboy said that includes the people who attacked Officer Hodges, I'd immediately start talking. | ||
| I'd say, no, the pardons are appropriate because many people were hunted down for misdemeanor charges. | ||
| Many of them had no idea what was going on. | ||
| Now, as for those who are violent, I have always said they should have been criminally charged, convicted, and gone to prison. | ||
| But what's the appropriate amount of time? | ||
| Three years. | ||
| So the question back to you is: I don't think it's specifically appropriate for a pardon on an individual who is violently attacking police. | ||
| I believe commutation is warranted, considering I think three years is enough. | ||
| However, if the only remedy to get a man out of prison for a riot after three years, including assault on an officer, is a pardon, then indeed I would say, fine, so be it. | ||
| That's not the way I'd like it to play out, but I prefer these people have spent their time in prison and can go home now for three years as opposed to, in fact, it wasn't even three years, it was longer than that. | ||
| For some of these people, it was four years or longer. | ||
| But I think it's about time they got out of jail. | ||
| If then, you know, I'm not going to say, am I allowed to speak now? | ||
| I'd start speaking and he can tell me to shut up. | ||
| And then I would respond with, you don't want the truth because you can't handle the truth and you are lying to your constituents. | ||
| But bless the hearts of these conservatives who do testify, who wear their nice little suits and show up and calmly let the Democrats run roughshod over them. | ||
| So there's a few reasons why I'd never want to do this. | ||
| And again, Michael did a fantastic job for the most part. | ||
| And I think he was very polite and he's a good guy and I respect it. | ||
| But I need some aggression. | ||
| And easy for me to say when I don't want to be there. | ||
| So that's the reality. | ||
| And the reason why I think it's a bad idea to testify is this is what the Democrats will do. | ||
| They're going to pull clips out of context, lie, cheat, and steal. | ||
| And they're not going to let you actually convey truth. | ||
| We see it time and time again. | ||
| So I ain't interested, my friends. | ||
| Direct comparison of annual per household for benefits as opposed to a working family. | ||
| $5,900 to $7,400 in provided value, which includes discounts as well as direct benefits. | ||
| So this is also when people get vouchers for cheaper food at schools or things like this. | ||
| 10,000 working households. | ||
| So you work full-time. | ||
| You struggle. | ||
| People who don't, they're getting about half of what you work for. | ||
| Incredible. | ||
| And what are they doing with it? | ||
| Soft drinks, number two. | ||
| Then we've got soft drinks, number six. | ||
| Potato chips. | ||
| Yeah, I don't mind lunch meat, infant formula, primal beef, cereals, lean beef, or milk. | ||
| I take issue with the candies and the sweets. | ||
| So I say to Trump, let it expire. | ||
| I'm done playing this game. | ||
| But considering everything we're facing, I think it prudent to bring in a libertarian. | ||
| We're going to talk with Dave Smith about what he thinks about what's currently going on. | ||
| That interview is coming up. | ||
| Make sure you go to rumble.com slash theculture war or youtube.com slash Timcast 4 p.m. for the interview. | ||
| Smash the like button, share the show. | ||
| Follow me on X and Instagram at Timcast. | ||
| Thanks for hanging out, everybody. | ||
| If you're watching live, we will continue for everyone else. | ||
| We will see you all next time. | ||
| Indeed. | ||
| So let's start here with this story from the New York Post. | ||
| Fuming SNAP recipients threaten to loot if food stamps are cut November 1st. | ||
| Stay the F out of my way. | ||
| Here's a video that I showed in a previous segment, but we'll play again before we talk with Dave. | ||
|
unidentified
|
If I came in your house with all my bags, picking out all your food, deep freezer, snacks, your grandmama's milk, and everything, what you gonna do? | |
| I'm curious. | ||
| What you gonna do? | ||
| You will be shot. | ||
| Now, in liberal areas, they'll probably do nothing, but I would recommend against doing this. | ||
| And then we have this video. | ||
| I want to jump to the, let's just play this tape. | ||
|
unidentified
|
It's been day five, and I have not received no food stamps. | |
| My disability checks is on hold. | ||
| My cash benefits is not coming no more. | ||
| They're still pending. | ||
| It is the taxpayer's job to pay for my kids to eat and for my kids to be taken care of. | ||
| I have over 2,000 followers on TikTok and I can't get not one person to send me 50 cents. | ||
| If you watch fucking video and you can't send me nothing, I'm blocking you. | ||
| You know, part of me just says that's got to be a fake video. | ||
| There's no way that lady is real. | ||
| You follow me, send me money, or you're being blocked. | ||
| Maybe no one sent her the memo that her followers are fake. | ||
| But this is an interesting conversation, the Snappocalypse. | ||
| It's been going on for some time. | ||
| And I've heard from conservatives. | ||
| I've seen the liberals. | ||
| I'm curious what the libertarians are going to think because, well, you know, libertarians fall somewhere in between on a lot of these issues. | ||
| So I'll be pulling in. | ||
| Let's grab this, see if we can get it going. | ||
| Dave Smith, what is up? | ||
| What's up, brother? | ||
| How are you, man? | ||
| I'm good. | ||
| My friend, it's the SNAPocalypse they're calling it. | ||
| Welfare benefits are set to expire November 1st. | ||
| Trump says he's going to get it done, but I don't know if he means it. | ||
| And this is a big story in that 42 million people will be cut off from their welfare benefits. | ||
| It's going to have a ripple effect in a bro. | ||
| It just gets crazy, right? | ||
| So you've got pockets in cities where the stores rely on EBT or SNAP for a large percent of their margins. | ||
| It may be five, it may be 10% or more. | ||
| They can't survive without this. | ||
| It's going to impact producers. | ||
| But the big thing we're seeing is the threat of violence and looting unless people get our tax dollars to pay for their livelihoods. | ||
| Now, I'm curious, you know, you're a libertarian. | ||
| Do you want to see Snap just gone overnight? | ||
| What do you think? | ||
| Well, I mean, I think it being gone overnight would probably be the most reckless way to do it. | ||
| You know, and I think, look, obviously, like from my perspective, and I think from most sane people's perspectives, none of these programs should exist to begin with. | ||
| But, you know, I always, as is always my North Star, was when Ron Paul ran for president, what he would always say is, what you have to do if you want to have drastic cuts in the government is you have to stop funding the worst things first. | ||
| You know, you have to stop funding the unnecessary wars. | ||
| You have to stop funding the unnecessary militarization of local police departments and the huge black budgets for the intelligence agencies. | ||
| And then you have to, with some notice, let people know that in X amount of time, we are going to be cutting these programs as well. | ||
| And of course, the government shut down politics, which has been politics now for over a decade in this country, is always the worst way to do everything. | ||
| But I guess maybe zooming out more, the thing that is amazing to me that more people aren't talking about, it's like it reminds me almost with the conversation when Biden was president over student loan debt forgiveness. | ||
| And you're like, okay, even if we're having that conversation, at what point are we going to discuss the elephant in the room? | ||
| You know, like, at what point are we going to go like, okay, but wait a minute, you got to go a couple hundred grand into debt for college and then you're working at DoorDash after that. | ||
| That's a pretty big issue. | ||
| And the fact that 40 million people in this country are dependent on the government for food in a first world prosperous country in 2025 with all of the wealth that we have. | ||
| I mean, that is something that that's a sign of a very sickening, dysfunctional society. | ||
| We created that system with welfare. | ||
| We made it possible for large swaths of our population to not have to work to eat. | ||
| I got a number you probably know, but I talked, we talked about this the other day. | ||
| Did you know that about 37% of our economy is the government? | ||
| Yeah. | ||
| Now that is a problem. | ||
| I can't remember. | ||
| Yeah, go ahead, Red. | ||
| Well, no, I mean, if you look, if you look through the 10 planks in the Communist Manifesto, we got just about all of them. | ||
| I mean, or some version of all of them. | ||
| You know, like when you look through it, it's like, it's, you know, like, okay, like, okay, we didn't abolish all private property, but like, what is property tax really? | ||
| I mean, that kind of in a way is like the government owns it and you're really just renting it and you never really own it. | ||
| And if you're ever delinquent on those payments, they take it away from you. | ||
| In other words, the government's kind of the landlord of all of our property. | ||
| And yeah, as you said, I remember watching this with EBT, like on the ground. | ||
| Like I was living in Prospect Heights, Brooklyn. | ||
| Like, I'd say this is like around like 2007, 2008. | ||
| And there's, I remember just like at the local store, and it wasn't like the hood, but it was like next to the hood where I lived. | ||
| But like at the local convenience store, I remember all of a sudden everyone's using EBT cards. | ||
| Like all, it's just always like that's what people are just putting snacks on. | ||
| And yeah, we've, we've created a whole system now of a whole class of people completely dependent on the government. | ||
| And that is not good. | ||
| Well, I think the communists want it. | ||
| They want to expand it. | ||
| They want to, they want the economy to get worse in the private sector so it forces people into the control of the government and their party and their ideology. | ||
| But we had this debate on IRL a couple nights ago. | ||
| Everybody in the room, I asked, should November 1st, we just let it go dry? | ||
| And everyone said no, because it's too reckless. | ||
| It's going to have a ripple effect. | ||
| I was the only one who said it should. | ||
| And my reasoning is there is no political reality where Congress will wind this program down in any meaningful way. | ||
| Not a single Republican, I believe, okay, maybe Thomas Massey, but I believe that the only Republicans, it's going to be Massey and Rand Paul probably, who are willing to stand up on stage and say, I will cut your benefits. | ||
| So what happens is Donald Trump comes out and says, no one will touch your Medicare or Medicaid or your Social Security. | ||
| He has to tell people, we won't take away your free stuff. | ||
| What does that mean? | ||
| The only direction government can move is towards the expansion of government in people's lives and in the economy. | ||
| If the only way this stops is a cold turkey accident, then I don't know what else to do. | ||
| I think it's the only way to do it. | ||
| Well, I certainly, I certainly get your point there. | ||
| And I think, you know, there's the fact that right now the country is, you know, we're really spiraling into a debt crisis. | ||
| I mean, this is a really big deal. | ||
| And it's something that a lot of people, myself included, have been warning about for quite a while at this point. | ||
| But we're at a point where interest on the debt is overtaking the budget. | ||
| And it's not going down. | ||
| It's not going down. | ||
| It's going up. | ||
| And this is now, we are now spending. | ||
| Like we, if we balanced the budget, Tim, we still run trillion dollar deficits just because of the interest on the debt. | ||
| And how far are we from balancing the budget? | ||
| You know, I mean, it's impossible. | ||
| And yet we have a Republican president, a Republican Congress, and a Republican Supreme Court. | ||
| And even they are not moving towards spending cuts. | ||
| They're doing this. | ||
| I was arguing with Stephen Crowder about this yesterday because now all of a sudden he has become a Democrat mathematician where he goes, oh, we're cutting $1.5 trillion. | ||
| And you're like, no, dude, come on. | ||
| You're doing what the Democrats do now. | ||
| Were you call that a cut? | ||
| This is literally, we've joked about this before with inflation. | ||
| It's like if you gain 50 pounds one year and then the next year you gain 30 pounds. | ||
| An economist in Washington, D.C. says you just lost 20 pounds. | ||
| Right. | ||
| No, no regular person thinks about it that 40%. | ||
| No, you're getting fatter. | ||
| It's a real problem. | ||
| And so I guess just like the fact that I get your point, like this is what maybe this is what it takes. | ||
| But it is, you know, one way or the other, we're kind of going off this cliff. | ||
| And the fact that the Republicans got in power and don't even seem to have any interest in any cuts is a real problem. | ||
| Well, maybe they do. | ||
| So I can only speculate. | ||
| I Trump said on Air Force One, we're going to figure this out for November, but part of me thinks the Republicans are intentionally doing this because they want SNAP to implode because so I'm not an economist, but I can try and simplify the issue of debt and interest on the debt. | ||
| To put it simply, we have taken on so much debt. | ||
| And this literally just means, I love how this works. | ||
| The U.S. government doesn't need a credit card. | ||
| It literally just asserts it can pay you back later. | ||
| So we raise the debt ceiling. | ||
| The example would be like the government says, we need someone to build the street for us outside of Congress or whatever. | ||
| So they go to a contractor and say, hey, we're the U.S. government. | ||
| We're good for it. | ||
| You know it. | ||
| And they tack on that debt from that company onto their debt. | ||
| The debt is largely owed to the American people. | ||
| So the interest on the debt is when we take on debt, we got to pay it back. | ||
| So now, even if we taxed everybody, the biggest line item in the budget every year is we're paying interest on debt. | ||
| We basically have this massive credit card we've been paying the minimum on, and it's getting worse and worse and worse. | ||
| So one of the things I've been thinking is maybe Trump and the Republicans know this. | ||
| If the system, if we reach default, the global economy just, it's a ripple effect through the whole thing and it's extremely disruptive. | ||
| So what do you do? | ||
| Well, maybe one way to shock the system and start retracting money is this protracted shutdown. | ||
| And then, well, it's no individual's fault. | ||
| Snap is gone. | ||
| It's not just Snap. | ||
| It's a bunch of other programs. | ||
| But imagine what would happen if any run-of-the-mill Democrat or Republican came out and said to their constituents, guys, vote for me and I will take away SNAP. | ||
| They'd lose. | ||
| Well, it's a major, isn't that like really one of the fundamental flaws with democracy, or particularly with democracy mixed with big government? | ||
| And, you know, remember Mitt Romney got in a lot of trouble in 2012. | ||
| And God, I hate to ever give credit to Mitt Romney, but he was, you remember he got in trouble for that thing where he was saying 40 47% of people don't pay income tax. | ||
| Yep. | ||
| But the thing is, right, Tim, like all of us taxpayers do know this on some level. | ||
| This is a real problem. | ||
| It's a real problem when you have basically the way our system kind of works is that the entire economy is rigged on behalf of the uber powerful, the super rich. | ||
| Okay. | ||
| And then the entire like lower rung of the economy is on welfare. | ||
| And then there are the people in the middle who are like the productive people who just get caught carrying the burden for all of it. | ||
| You know, like you, you got to, every year when you're paying your taxes, you got to pay for the Wall Street bailout and the wars and the welfare that, you know, like all of it falls to the guy who's making four or 500K a year, which might sound like a crazy lot of money to people who don't have any. | ||
| But like, you know, you're living in a big city. | ||
| It's actually not like that wealthy. | ||
| And, but again, it's like, so now to this entire, to the entire Democratic, to the entire portion of the base of voters who don't pay in, who are welfare recipients, what are they moved by? | ||
| Oh, I'll cut your taxes. | ||
| That doesn't help them any. | ||
| They're not paying taxes. | ||
| And so, yeah, it's, it's a real problem that promising free stuff wins votes. | ||
| You think. | ||
| How do you compete with that? | ||
| It's true. | ||
| And that's why even Republicans do it. | ||
| They'll say these entitlements are bad, but don't worry, yours are justified. | ||
| Democrats just say free for, you know, I actually love Zoran Mamdani so much, and it's and it's kind of in a comedic kind of way. | ||
| If he was a comedian mocking socialists, he'd be too over the top. | ||
| I love the we're going to make buses free and faster. | ||
| How are you going to do that? | ||
| Make them go faster. | ||
| Like, what's slowing the buses down is the science of the combustion engine and the speed limits in the city, or maybe you could argue traffic. | ||
| Yeah. | ||
|
unidentified
|
Yeah. | |
| You promise random nothing to people. | ||
| It just sounds good. | ||
| And people vote. | ||
| They vote for the communists. | ||
| But I suppose, with all being, with all that being said, do you think the Republicans will actually let the SNAP occalypse happen? | ||
| My guess is no. | ||
| You know, like I've just, I've watched this movie, you know, as you have too, many times. | ||
| It always seems to end with like this game of chicken, and then they compromise and raise the debt limit and keep spending us further into debt. | ||
| That's my guess. | ||
| You know, that would be, you know, what I would think. | ||
| But again, I do think, look, even if this is the master plan and like this is the way to cut the SNAP program, it does just seem like, yeah, so here, okay, so you have Donald Trump, we're $38 trillion in debt. | ||
| He has requested a trillion-dollar Pentagon budget and has promised to not touch entitlements, but we are going to cut SNAP. | ||
| I mean, that doesn't even solve the problem. | ||
| It's just like, why? | ||
| Why would you choose to start with, you know, like cutting from the most vulnerable people when, as you know, Tim, look, the real issue here is that this is like you were explaining what the credit card says. | ||
| We can't afford any of this. | ||
| We sit here, we give foreign aid. | ||
| We act like we're the rich father who can support all of his kids. | ||
| Meanwhile, we're broker than anyone else. | ||
| No, it sounds to me like such a perfect example of this like liberal virtue signaling household where it's like the mom brags about how she donates to all these charities, despite the fact they have massive credit card debt, can't afford new clothes, and then just keep taking on new credit cards. | ||
| But everybody gets to pretend like, oh, they do so well. | ||
| Now, it's all on credit cards. | ||
| The funny thing is, I think the debt per citizen right now, it's like $100,000. | ||
| Something like that, yeah. | ||
| You have to pay $100,000 in taxes. | ||
| Every American, including 16-year-olds who just entered the workforce, if we are going to pay off this debt, I think the reality is we are going to crash. | ||
| The economy is very bad. | ||
| I don't think it's the worst economy we've ever seen, but it is not a good economy. | ||
| Property values are skyrocketing. | ||
| Trump wants them to continue because it inflates, you know, it makes people feel like things are improving. | ||
| Stock market going up, even when spending is going down, because they just want all the metrics to look healthy. | ||
| But the reality is, people are struggling to afford groceries. | ||
| They're struggling to buy homes. | ||
| And now we see this one metric that's hilarious: the LSATs. | ||
| Did you see this one? | ||
| The LSAT entry? | ||
| I think so. | ||
| So, like, last year, LSAT's entry applications was like 18,000. | ||
| Now it's 32. | ||
| And this has always been, and I'm not the economist, but this is what the analyses have been saying. | ||
| When people apply to law school in huge numbers, they're basically saying, there is no function of the market that can sustain my life. | ||
| So I'm going into government arguments for money. | ||
| Basically, there's no trades, there's no jobs, there's no products being made, there's no culture. | ||
| So law is the best example of we created a problem that only we can fix, and we're going to take money from productive people to pay you to do it. | ||
| People are literally saying the opportunity to make money right now is to argue with each other about the way the system is working. | ||
| And that's usually, that usually happens right before the economy implodes. | ||
| I don't see, I don't see our government. | ||
| I don't see Trump or anybody doing anything meaningful to cut the budget. | ||
| So the only thing that makes sense to me is they're going to let the government shutdown keep going. | ||
| It's almost like, you remember when COVID lockdowns happened, the New York Times wrote that the planet was healing because they had the carbon emissions. | ||
| It's like the government, the extent of government shutdown is Democrats and Republicans both looking at the debt clock slowing down and being like, this is going to buy us some time. | ||
| But okay, so rant over, but my question then is potential violence. | ||
| You think if I agree with you, my prediction is it's not going to happen. | ||
| They're going to intervene. | ||
| But do you think with 42 million people cut off from SNAP, you actually see these mass looting, this mass rioting? | ||
| I think there's a real concern about that, you know? | ||
| And I've seen some of those videos that you were talking about too, of people threatening that there will be violence. | ||
| And there is, you know, there's a, there's a mix of, it's the economic dynamics and the economic incentives. | ||
| But then there's also like the kind of culture that we've, you know, guys like me and you, I think have been fighting back against for some years now, where the level of entitlement that some of these people have, like there is just, there isn't a feeling of like the little bit of shame that we would just appreciate if someone's living on welfare, like just a little bit, you know, understand that like other people are going to work and are paying for your food. | ||
| You shouldn't feel great about that. | ||
| But no, they're like, how dare you? | ||
| How dare you, this racist system, which owes us this food. | ||
| And I'm not making it out like it's all black people on there. | ||
| There's white people with that same attitude, but it really is, it's a real problem that people have this, which has been, of course, obviously fostered by progressives for many years, that there should be almost like in a sense, and maybe they won't exactly say it, but you're kind of within your rights to commit an act of violence if your food stamps get cut. | ||
| That's an issue we got to be focused on. | ||
| But again, to your larger point there, right? | ||
| It's like the only way out of it, the only thing the politicians are ever going to do is just print more money, print more money. | ||
| And like you said, they want the stock market to go up. | ||
| They want the real estate to go up. | ||
| And that's okay if you're in the ownership class, which me and you are. | ||
| And so we get beat up by inflation too, but the value of our assets goes up. | ||
| But it just totally screws over anybody who's not in the ownership class, particularly young people. | ||
| Bro, it's crazier than that. | ||
| The ownership class, it's crazy that we're at this point. | ||
| When you buy a house on, when you get a mortgage that you don't think twice about. | ||
| So let's say someone like me, I make a lot of money. | ||
| If I bought a house for 300 grand, I am not paying cash for it. | ||
| I'm going to go to the bank and say, I want a low interest mortgage. | ||
| Cut me the best deal that gets me the lowest interest rate and I'll pay it. | ||
| So usually it means my, you know, per month they're going to be paying more, but then all you got to do is beat inflation. | ||
| So one of the techniques used by the ownership class is, if I take out a loan for $300,000 to buy a house, within five years, the house is now worth $450,000. | ||
| I could sell it and pay off that debt and take cash out. | ||
| And now I've made money. | ||
| Better yet, though, with inflation, the value of the house goes up and the value of the debt goes down. | ||
| So this is a tactic used by the United States with quantitative easing so that when we give, when we borrow money from foreign countries, we intentionally devalue our currency. | ||
| So the amount of labor to be paid back is substantially less. | ||
| So for poor people who don't get raises or who have variable interest rates and are struggling to pay off their mortgage, there's a minimal benefit when inflation devalues the total note you have on your property. | ||
| But for the ultra wealthy, they're intentionally taking out loans and hoping for inflation, which screws over the working class who have to buy groceries, but benefits them because it devalues the debt they have. | ||
| So Randover, but I wanted to point out there's this video I played just before you came in of this black woman saying, it is the responsibility of the taxpayers to take care of my kids. | ||
| How do you function as a country with millions of people who genuinely believe that? | ||
| That's the point you were just making before. | ||
| Sooner or later, if we keep voting in this direction, the system implodes. | ||
| So what do we do? | ||
| Do we just stock up on emergency food, go move to the wilderness and prepare for the long fall? | ||
| Or do we push back and say we've got to cut these people off? | ||
| Yeah, I mean, I think there's, look, that culture of righteous dependence was created. | ||
| And so a culture that rejects that can also be created. | ||
| And I think, you know, I think that's like what we all work toward doing. | ||
| And so there's that aspect to it. | ||
| And then, look, I would ideally, if I was in control of the government, it would be a timed phase out type thing. | ||
| But to your point, I think, which is a very good one, it's like, yeah, but that ain't happening. | ||
| But and then to the larger thing, you know, like I just, I just recently got a like a letter from my, like I bought a house like three years ago. | ||
| I got a letter from my real estate agent. | ||
| This isn't like an official appraisal or nothing, but they estimated that like the house has gone up by, you know, a few hundred thousand dollars. | ||
| Wow. | ||
| And, you know, it's this area where I live, I mean, the prices have just shot up. | ||
| And you, you look at that. | ||
| And I remember I was thinking, I was like, you know, I struggled for a lot of years. | ||
| I was really broke for many years. | ||
| I'm making really good money now, but I just got handed this gift that I didn't earn. | ||
| Like that's basically welfare. | ||
| It's essentially welfare of the way the system works. | ||
| This wasn't a market function. | ||
| This is obviously a government function that the price of real estate is being driven up. | ||
| And so just if you think about it, it's like, so they're in a sense, it's like they're handing me a welfare check and taking it out of the pockets of young people. | ||
| That same house is now that much further out of their reach. | ||
| And then we look around and we wonder why all these young people are demanding socialism. | ||
| And I think the difficulty for people like us is to point out that it's like, look, it's not true when you guys say profit is theft. | ||
| That's not true. | ||
| But under the current system that we live, there is a tinge of truth to the fact that a lot of people are making money in completely unfair ways. | ||
| But that's because of government intervention. | ||
| You know, even Jon Stewart, and I don't know if you saw Jon Stewart and Bernie Sanders were talking about this. | ||
| And it's like it occurred to Jon Stewart for the first time in his life in his 60s that he goes, you know, these government interventions do seem to drive up the prices of things. | ||
| And they're like, you know, yeah, that's kind of true. | ||
| Well, geez. | ||
| Trump wants it. | ||
| Trump doesn't want property values to go down because I think in his view and the Republicans' view, there's a lot of Gen Xers, older, lesser older millennials, but a lot of Gen X and boomers that have stored their wealth in their property. | ||
| And these people don't want to see their assets decline. | ||
| So Trump's attitude is houses should just go up. | ||
| But that means Gen Z and millennials are struggling to buy homes because the prices are going up more than wages and salaries are going up. | ||
| Now you add this. | ||
| There's two things I'll add to this. | ||
| Government interventions. | ||
| I could be wrong, but my general understanding is that you've got organizations like BlackRock or whatever. | ||
| They get effectively infinite money from the Federal Reserve to buy houses, propping up these prices and driving people out of the market. | ||
| That was the big controversy a couple of years ago. | ||
| But the big thing that's disconcerting to me is when the boomers die and we are at the mortality cliff for the boomer generation, they're now hitting 79, 80 years old, which is life expectancy. | ||
| The estimates are within the next five to 10 years, we're going to lose more than half, maybe two-thirds of the boomer generation because, well, they're old. | ||
| Who's going to inherit these properties? | ||
| Well, it's going to go to a lot of their kids. | ||
| These are going to be middle-aged millennials who aren't going to want to move back to St. Louis or Nebraska or whatever it is their boomer parents live. | ||
| So they're going to try and sell the house. | ||
| That's usually what happens when someone inherits a house. | ||
| They're going to put it on the market. | ||
| Oh, you know what? | ||
| It's a bungalow, but in 10 years, it's a $750,000 bungalow because the prices go up. | ||
| Well, guess what? | ||
| Nobody can buy it. | ||
| No Gen Z who's in their late 30s can afford a million dollar bungalow, nor do they want to live in these areas. | ||
| So what does the millennial do? | ||
| They tell their agent, look, just drop the price. | ||
| Now it's 700. | ||
| Nobody buys it. | ||
| Now it's 600. | ||
| Nobody buys it. | ||
| Now it's 500. | ||
| Nobody buys it. | ||
| Because millennials aren't buying. | ||
| Gen Z ain't buying. | ||
| There is going to be a massive deflationary reaction in the system that's going to put people underwater on mortgages. | ||
| Some of the people, so that's what's going to happen when they inherit the houses. | ||
| But for all the millennials and Gen Z who buy on mortgage, a million dollar bungalow, and then after this crash, now have a million dollar debt note on a $500,000 house underwater. | ||
| It's going to be economic crisis. | ||
| And the Republicans and Trump, they're not doing anything to prepare for this, at least it seems. | ||
| Yeah, I mean, I think that's essentially right. | ||
| You know, there's, there's a, and how exactly it plays out will be interesting to see. | ||
| But that's right. | ||
| I mean, it's an artificially bid up price that is unsustainable. | ||
| That you, right, you're not going to be able at a certain point. | ||
| There's just not going to be buyers that are left for this stuff. | ||
| And I will say that, you know, this is really why I have so much contempt for the boomers as a generation. | ||
| And I like some of them. | ||
| My mom's cool. | ||
| But I really don't, you know, it's like, did you, it just seems like as a generation, the fact that they didn't all stop and go, whoa, whoa, what are we doing? | ||
| We are totally screwing over the next generation. | ||
| Like we can't be for this. | ||
| It just seems like as a generation, they went, hey, I bought this house five years ago for $300,000 and now it's $1.2 million. | ||
| Isn't that neat? | ||
| Well, look at-Oh, go ahead. | ||
| No, no, but you didn't think like, oh, but this makes it impossible for my kids to ever buy a house. | ||
| Like what we need in this country is deflation. | ||
| And ever since the Great Depression, that has been the great enemy of the central bank. | ||
| But deflation is actually a healthy sign. | ||
| Deflation is what a healthy economy ought to produce. | ||
| All deflation means is that, well, and I mean price deflation when I say this, all that means is that we're being more productive. | ||
| And so things are becoming more affordable. | ||
| That's what a healthy economy looks like. | ||
| Look at Social Security as the best example, because with all due respect to boomers, there are a lot of great boomers. | ||
| They made Star Trek the next generation. | ||
| I love it. | ||
| But as a generation, Social Security is the best example because I talk to boomers and I'm sure you've heard the same thing. | ||
| I will mention it's going to become insolvent. | ||
| You need, right now, I think the number is 4.3 taxpayers to support one Social Security recipient. | ||
| The system can't sustain itself. | ||
| And Gen Z is struggling to afford things as it is. | ||
| If Gen Z can't buy homes and have families, our country is cooked. | ||
| And then what am I told by 100% of boomers? | ||
| I paid into it. | ||
| It's my money. | ||
| Well, you know what? | ||
| I got to be honest. | ||
| I hear you. | ||
| But the problem is this generation largely, it's where we begin to see the, I understand the system is broken, so I better get mine. | ||
| It is the departure from the ask not what you can do, ask not what your country can do for you, but what you can do for your country. | ||
| It radically transformed into the everyone else is out for themselves, so I better be too. | ||
| And that has pushed us into this period now where Gen Alpha is 40 million. | ||
| Millennials didn't have kids. | ||
| Gen Alpha is half the size of Gen Z, which means Gen Alpha now entering the workforce. | ||
| They're 15 years old, about turned 16, is when they should be entering the low-skilled portion of the workforce. | ||
| Don't exist. | ||
| So what are Democrats doing? | ||
| Import as many people as possible to offset this. | ||
| That will only make it worse. | ||
| 10 years from now, it is going to be wild. | ||
| And I hear from people they say, don't worry, Tim, robots will replace the workers. | ||
| But you know what? | ||
| It won't replace the customers. | ||
| It's an absurd notion. | ||
| So unfortunately, I'm a bit pessimistic on what the future is going to look like. | ||
| I don't know how you feel, though. | ||
| Are you happy? | ||
| Well, you know, I try to stay optimistic about the long run, but I will just say that, look, this is just on the bottom line of it is just that Medicare and Social Security are completely indefensible. | ||
| They're just completely indefensible. | ||
| And this nonsense that you paid into it, no, you paid into your government and they blew that money. | ||
| They not only blew that money, they blew that money, then borrowed some more money, and that wasn't enough. | ||
| So then they printed a whole bunch more money after that. | ||
| That money doesn't exist. | ||
| It would be a different statement if we had ever put it in a lockbox and you were talking about your money that you were putting in. | ||
| The fact is that Social Security and Medicare are giant wealth redistributive policies that redistribute from the poorer to the wealthier. | ||
| It is indefensible. | ||
| There is no capitalist or no socialist who can defend a redistribution from a poorer group to a richer group. | ||
| And we should abolish all of it. | ||
| And Trump is very bad on that. | ||
| Yeah, I don't think you'll ever get it. | ||
| It goes back to the same argument. | ||
| Give me one politician, and it's maybe Massey and Rand Paul, who's going to campaign and saying, vote for me and I'll cut your benefits. | ||
| Because the attitude of the individual is going to be, I know this is a may be bad, but it's sinking, so I better take mine. | ||
| And that's where we're going to keep going. | ||
| Maybe this is the fourth turning. | ||
| The system's going to buckle. | ||
| Some kind of conflict or controversy or depression and the strong will survive. | ||
| And from this, it will restart. | ||
| I don't know. | ||
| But Dave, it's been great. | ||
| You have any final thoughts and where can people find you? | ||
|
unidentified
|
Yep. | |
| Thomas Massey and Rand Paul are right. | ||
| The libertarians are right about all this stuff again. | ||
| ComicDaveSmith.com and part of the problem is my show. | ||
| Always great talking with you, Tim. | ||
| Thanks for coming, man. | ||
| I really do appreciate it. | ||
| We'll see you again soon. | ||
| Absolutely. | ||
| Take care. | ||
| That is, of course, Dave Smith. | ||
| And I love the controversy around all of these personalities. | ||
| It's like Dave's got opinions on war or Israel, whatever, and then everyone gets mad. | ||
| Look, man, everybody's got opinions on different things. | ||
| I'm willing to be friends with even leftists and argue with them on the bad things if we can focus on the good things we can get done. | ||
| And that's why I'll give a shout out to Jenk Uger of all people. | ||
| Despite the bad views he's got, Jenk has long said, okay, fine. | ||
| Can we map out where we actually agree and just do it? | ||
| Because we want that to happen. | ||
| So for a lot of us, it's ending the war machine or spending more money in America. | ||
| And if we can get done what we agree on, we agree on it. | ||
| But I got to say, I think the libertarians are right on most of this government spending. | ||
| You cannot create a culture that says, we will fund your life even if you don't work. | ||
| Because 10, 20 years later, this is what you end up with. | ||
| Now, I'm actually in favor of EBT and SNAP and all that stuff, but it's got to be strict and rigid. | ||
| Dave mentions the shame. | ||
| Yeah, I said it's poor. | ||
| I got food benefits when I lived in Seattle for two. | ||
| It might have been three months because I think they give you three months and then it stops and you have to re-up. | ||
| And I didn't. | ||
| I had it for probably three months. | ||
| It was $140 a month or something. | ||
| And I felt embarrassed. | ||
| But it was, you know, the reality was I thought I'd find a job and I struggled. | ||
| And then I had people say, hey, look, man, you pay taxes, right? | ||
| You worked, you pay taxes. | ||
| It's here for you when you need it. | ||
| And I said, okay, look, I'll only use what I need. | ||
| And I bought groceries, cold foods. | ||
| I didn't abuse it. | ||
| And when I found a job, I said, I don't need it anymore. | ||
| That's the way it should be. | ||
| And it should be embarrassing. | ||
| I don't think you need to be overly embarrassed or ashamed that sometimes you need help because I'm for that system. | ||
| I am not for people screaming, it's your responsibility to feed my kids. | ||
| I am not for a system where people intentionally don't work and game the system. | ||
| That needs to be purged, that system, and cleaned up. | ||
| So I'm with the libertarians on this one. | ||
| My friends, DeVore Darkens is going live. | ||
| He is live now. | ||
| We are going to send you on your way to join his show. | ||
| Amen. | ||
| This guy, he's rising the ranks. | ||
| He's got a fantastic show. | ||
| I'm a huge fan. | ||
| It was awesome to hang out with him when we went to his studio. | ||
| Check out his show. | ||
| You can follow me on X and Instagram at Timcast. | ||
| Share the show with everyone you know. | ||
| We're back at 8 p.m. for Timcast IRL. | ||
| We will see you at the DC Comedy Loft November 8th. | ||
| Get your tickets while you can. |