dks_fs_01_13_2026.timecode

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[01:24.640 --> 01:38.640]  In a world of deceit telling the truth is a revolutionary act. It's the David Knight Show.
[01:44.400 --> 01:51.840]  As the clock strikes 13 it's Tuesday the 13th of January year of our lord 2026. Well another day
[01:51.840 --> 01:59.120]  another war from Trump. This time it's another domestic war and he's gone to war with Fed Chairman
[01:59.120 --> 02:08.000]  Powell. And look I have no I'm not making excuses for the outrageous cost two and a half billion
[02:08.000 --> 02:14.400]  dollars for remodeling. That's obviously over the top but it's just the tip of the iceberg with the
[02:14.400 --> 02:21.120]  Federal Reserve isn't it? We're going to audit the building remodeling of the Fed but we're not going
[02:21.120 --> 02:26.880]  to audit the Fed itself and we're not going to audit Fort Knox's gold either. Isn't that interesting?
[02:27.600 --> 02:31.600]  Yeah there should be a criminal investigation but we all know that what is really behind this
[02:32.480 --> 02:40.960]  is just another crime. It's just more of Trump wanting to consolidate control into the Oval Office
[02:41.760 --> 02:47.440]  and it's not going to just be control for him. It'll be control for the next Obama, the next Biden,
[02:47.440 --> 02:53.360]  the next Hillary. That control will be there. We're also going to take a look at the state of Trump's
[02:53.360 --> 02:59.840]  foreign wars. He says he's only limited by his own morality. We don't have any limits then
[02:59.840 --> 03:05.520]  I guess with that. And today is our 46th wedding anniversary. Happy anniversary Karen.
[03:05.520 --> 03:13.520]  Yeah time is passing quickly.
[03:14.160 --> 03:20.320]  Silver threads among the gold right? Let's take a look at the Federal Reserve War that is happening
[03:20.320 --> 03:27.040]  here and we got all over the the business press everybody is wringing their hands about Fed
[03:27.040 --> 03:31.600]  independence and I was like yeah I want independence from you know there's only one way
[03:31.600 --> 03:38.320]  that you can get independence from the Fed by gold and the nice thing about that is you can do
[03:38.320 --> 03:45.200]  it incrementally. You know Trump is also talking about pulling some levers to try to make it remains
[03:45.200 --> 03:51.600]  to be seen if his strategy would work. He's talking about different authoritarian central
[03:53.520 --> 03:59.200]  planning issues to try to make homes more affordable without fixing the biggest problem
[03:59.200 --> 04:04.560]  that is making life unaffordable for us and that is the federal government. It's taxing and it's
[04:04.560 --> 04:08.880]  spending. He's not going to do anything about that. Instead he will try to finesse it with interest
[04:08.880 --> 04:14.800]  rates or this or that. The reality is though that you can gradually start to accumulate wealth not
[04:14.800 --> 04:20.320]  with real estate which you have to buy in a really large chunk all at once but you can do it a little
[04:20.320 --> 04:28.880]  bit at a time. Tony's got wise wolf gold and goes the wolf pack lets you start to save
[04:28.880 --> 04:32.960]  in currency that's going to retain its value and we're going to talk about that because gold had a
[04:32.960 --> 04:40.000]  big day yesterday. Silver had an even bigger day because of the chaos because the central planning
[04:40.000 --> 04:46.960]  because of the stupid economics behind these policies. So again as I said at the beginning
[04:46.960 --> 04:52.800]  rather than ending the Fed he wants to end the Fed chairman as if that's going to make any
[04:52.800 --> 04:58.400]  difference. We're going to audit the building expenses which how in the world do you justify
[04:58.480 --> 05:03.520]  spending two and a half billion dollars on a couple of buildings. That's it that's what we're
[05:03.520 --> 05:09.040]  talking about two buildings you know over a billion dollars each and we're not talking about building
[05:09.040 --> 05:13.760]  the buildings we're talking about remodeling them. I think it is a shrewd move on Trump's part
[05:14.400 --> 05:20.560]  to focus on that kind of waste and opulence. What are they doing lining it with gold that
[05:20.560 --> 05:26.400]  they took out of Fort Knox? I don't know Trump's gotten a lot of criticism I think justifiably so
[05:26.400 --> 05:33.120]  for gilding the Oval Office for this ballroom thing that is happening there but that pales
[05:33.120 --> 05:36.960]  in comparison to what the Federal Reserve is doing and he knows that and so that's a good way
[05:36.960 --> 05:42.560]  to inoculate himself against these charges of opulence. Of course he's got a lot of insider
[05:42.560 --> 05:48.560]  trading and a lot of backroom deals and corruption that are going on as well. So but anyway I think
[05:48.560 --> 05:55.520]  it is a smart political move. The stock market shrug it affected it early on in the day but then
[05:55.520 --> 06:02.880]  it had new highs at the end of the day after this war with Jerome Powell. It looked like
[06:02.880 --> 06:08.960]  it was going to resuscitate the what they call the sell America trade which began last summer
[06:08.960 --> 06:16.320]  in response to Trump's stupid economic policies of tariffs and what it was going to do to the dollar
[06:17.360 --> 06:24.240]  but that only happened at the beginning of the day. Ultimately the Dow gained 86 points.
[06:24.960 --> 06:29.840]  Stocks rebounded the dollar remained under pressure weakened against other major currencies.
[06:29.840 --> 06:35.280]  It's unusual for stocks bonds and the dollar to fall in tandem so the initial overnight
[06:35.280 --> 06:39.920]  market moves caught Wall Street's attention. While the stock market largely stabilized by
[06:39.920 --> 06:44.640]  Monday afternoon investors will be keen to see whether stocks hold their ground. Meanwhile
[06:45.600 --> 06:53.440]  gold rallied sharply. Gold futures gained two and a half percent hitting a record high
[06:53.440 --> 07:05.840]  above $4,600 an ounce. Silver surged 7.3 percent outpacing even gold and going up to $86 an ounce.
[07:06.880 --> 07:10.960]  So the stock market investors are now shrugging off the Justice Department's investigation into
[07:10.960 --> 07:15.280]  Powell. Investors might think efforts to undermine the Fed's independence will fail
[07:15.920 --> 07:21.600]  but the urge the surge in gold and silver paired with pressure on the dollar and treasury bills
[07:22.400 --> 07:29.360]  is a should say bonds is a sign that Wall Street is bracing for volatility in U.S. markets.
[07:30.160 --> 07:34.320]  That's right you know there's a common thread and everything that Trump is doing especially
[07:34.400 --> 07:41.440]  domestically it's all about consolidation and centralization of power and not just into
[07:41.440 --> 07:46.560]  Washington into the office of the presidency and that's true whether we're talking about
[07:46.560 --> 07:52.640]  law enforcement or whether we're talking about economic central planning there's a bad
[07:54.080 --> 07:59.200]  economic outcomes from his policies as well like his tariffs like his interest rates he wants to
[07:59.200 --> 08:03.760]  lower interest rates well that's going to increase inflation that's why everybody we've had the
[08:03.760 --> 08:09.120]  record year in gold and it's why this year I said this last year I said I think these statements
[08:09.120 --> 08:15.600]  coming out of the various banks like Bank of America JP Morgan all the rest from $4,600 sometime
[08:15.600 --> 08:21.120]  by the you know second quarter or whatever I think that's very very conservative because
[08:21.760 --> 08:25.040]  the policies nothing has fundamentally changed that's what we're talking about
[08:27.840 --> 08:32.880]  not this Christmas but last Christmas when we had the Yukon Cornelius thing it's like everybody was
[08:32.880 --> 08:38.720]  so excited Trump is going to make cryptocurrency go sky high well he did for himself he put out
[08:38.720 --> 08:45.440]  some junk meme coins Trump coin Melania coin all the rest of stuff he may not like a bandit because
[08:45.440 --> 08:50.560]  he is a bandit and a lot of people lost a lot of money on that pump and dump but I said the
[08:50.560 --> 08:56.560]  fundamentals that have been driving gold and silver up are only going to be worse in 2025
[08:56.560 --> 09:03.360]  and I say they're only going to be worse in 2026 and of course a lot of this that made me certain
[09:03.360 --> 09:09.200]  it was going to be this way in 2026 was Powell who was going to be leaving in May and a Powell has
[09:09.200 --> 09:16.880]  resisted Trump's urge to lower interest rates and that's going to be inflationary and so Trump
[09:16.880 --> 09:22.800]  desperately wants him out and notice the kind of tactics that he uses he wants to get rid of
[09:22.800 --> 09:28.800]  Lisa Cook one of the board of governors because she's opposing the economic policies that Trump
[09:28.800 --> 09:33.760]  has and so you know we don't even have to debate whether the policies are right or wrong but it's
[09:33.760 --> 09:37.920]  looking at the tactics that he uses so he goes back and he audits Lisa Cook and says well I've
[09:37.920 --> 09:44.720]  got some issues here with a mortgage you took out years ago he's got his guy there at where is he
[09:44.720 --> 09:52.080]  FHA I think Pulte is and he used AI to go back and audit this think about that think about that
[09:52.960 --> 09:58.960]  it gives all new meaning to Stalin's bring me the man I'll find the crime when you got AI to go back
[09:58.960 --> 10:04.080]  through mountains of data and sort through it and sift through it they can find that needle in the
[10:04.080 --> 10:10.480]  haystack for anybody I mean this is this makes Harvey Silverglate's book three fondies a day
[10:10.480 --> 10:16.960]  pale in comparison you know he talked about how complicated and complex the laws are and how
[10:16.960 --> 10:24.720]  people are violating obscure laws that they don't even know exist I remember the case of a couple
[10:24.720 --> 10:30.480]  during their anniversary the husband took her to the beach and he released some balloons some
[10:30.480 --> 10:36.240]  helium balloons that were part of the celebration of whatever he got charged with felony I didn't
[10:36.240 --> 10:41.200]  know that was a felony that type of thing well guess what AI is going to go back and find all
[10:41.200 --> 10:47.600]  those little things in people's lives if you are a an interesting person as Michael Hayden said you
[10:47.600 --> 10:54.240]  know Michael Hayden the guy who was head of the CIA head of the NSA he said we're not interested
[10:54.240 --> 10:59.840]  in people in general we're interested in interesting people and we will go back and
[10:59.840 --> 11:04.560]  look at them very carefully using AI so that's what we're looking at but the other things that
[11:04.560 --> 11:09.440]  you see their characteristics of Trump whether you're talking about foreign policy whether it's
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[12:05.600 --> 12:11.120]  tickets today must be 18 or older play responsibly the military well let's take it up to a trillion
[12:11.120 --> 12:15.680]  dollars that's record and then immediately after a record budget of over a trillion dollars in the
[12:15.680 --> 12:21.680]  military you want immediately wants to jump it up to one and a half trillion growing by leaps and
[12:21.680 --> 12:29.520]  bounds so it's a rapid expansion of debt which we saw in 2020 he had no problem doing with the
[12:29.520 --> 12:35.040]  covid bills and things like that's where he first ran into conflict with Thomas Massey when Thomas
[12:35.040 --> 12:39.360]  Massey said we can't just throw three and a half trillion dollars out here and if we're going to
[12:39.360 --> 12:43.840]  do that I want everybody to come back to Washington well that made him very hated not just by Trump
[12:43.840 --> 12:52.160]  but by the Washington establishment so this rapid expansion of debt and we could see that the
[12:52.160 --> 12:58.400]  cumulative debt of the government was going up at a pearly pretty rapid rate as it was rising
[12:58.400 --> 13:02.640]  and then when Trump did all this stuff in 2020 the slope of the curve went straight up
[13:03.600 --> 13:09.120]  and starts going up very very rapidly and interestingly enough Biden maintained that
[13:09.120 --> 13:16.240]  same slope of spending so Trump set the precedent and Biden continued it and this is what's so
[13:16.240 --> 13:20.320]  dangerous about everything that Trump is doing in terms of usurping power into the office of the
[13:20.320 --> 13:28.000]  presidency the Democrats will keep that and build on that just like Biden didn't just build on the
[13:28.320 --> 13:34.560]  new rapid accumulation of debt Biden built on the idea that Trump put out there that he could do
[13:34.560 --> 13:39.520]  gun control by executive order in violation of the second amendment used to be that you had to have
[13:39.520 --> 13:44.960]  congress to violate the second amendment or the supreme court of water now i'm going to do it just
[13:44.960 --> 13:53.360]  by executive fiat well Biden kept that precedent and expanded it well rapid increases and the price
[13:53.360 --> 13:58.560]  of gold and dollars is another hallmark of a trump administration remember jill slenty said
[13:58.560 --> 14:03.520]  you know trump is really good for gold in his first time and he was he's going to be even better for
[14:03.520 --> 14:11.680]  gold in his second term and he's looking even better so the issue is why is you know why is
[14:11.680 --> 14:16.800]  lowering of the fed rates really not lowered home mortgages and that's a whole other thing that
[14:16.800 --> 14:23.680]  we'll talk about what trump is doing here it's because the long-term mortgage rates like a home
[14:23.680 --> 14:29.680]  mortgage that's 30 years not 50 years that's another idiotic quote-unquote solution from trump
[14:30.560 --> 14:38.560]  but when you look at a long-term rate like 30 years that's set by the market you can go out
[14:38.560 --> 14:42.160]  and do by fiat you can say well here's going to be the interest rate that we're going to charge
[14:42.240 --> 14:47.520]  banks or whatever you can change by decree i think we ought to stop calling it the fiat dollar i
[14:47.520 --> 14:54.880]  think we should call it the decree dollar because i like alliteration which the decree dollar is the
[14:54.880 --> 14:59.840]  death of the dollar that's really what we're looking at here but when you look at the actual
[14:59.840 --> 15:05.120]  mortgage rates those are going to be set by a competitive market you know when you refinance
[15:05.120 --> 15:11.360]  home you shop around right because not everybody has the same rate but the fed just by decree will
[15:11.360 --> 15:15.680]  set the rate that they're going to pay the banks but that doesn't necessarily percolate through to
[15:15.680 --> 15:21.440]  everything else so as i point out in this article here they said lower rates can lead to lower
[15:21.440 --> 15:26.960]  credit card rates and borrowing costs for consumers but a central bank that lowers rates too quickly
[15:26.960 --> 15:32.720]  without regard to inflation can spook investors who began to worry that inflation could run rampant
[15:32.720 --> 15:38.640]  thus demand a high return for the risk of investing in american assets and that's why when
[15:39.600 --> 15:46.000]  the fed has lowered interest rates the fed rate that's why we've seen the mortgage rates either
[15:46.000 --> 15:53.120]  stay the same or go up in the opposite direction so the decree dollar is looking really bad at
[15:53.120 --> 15:57.920]  this point sunday and early monday's trades were more muted echo of the sell america trade from
[15:57.920 --> 16:05.280]  the spring of 2025 when fear of trump tariffs sent investors pouring out of american assets
[16:06.080 --> 16:11.760]  that sent bonds and dollar tumbling and stocks an inch away from a bear market in april before
[16:11.760 --> 16:18.480]  recovering sharply through the end of 2025 after trump backed off of some of the tariff threats
[16:19.280 --> 16:26.640]  we think the sell america trade may gather pace and will even have legs with fed independence risk
[16:26.640 --> 16:32.960]  a key theme throughout 26 of the chairman of evercore the surge in precious metals like
[16:32.960 --> 16:37.840]  gold and silver amid renewed threats of the fed's independence is also reflective of what
[16:37.840 --> 16:43.920]  wall street has dubbed the debasement trade investors pile into hard assets like gold and
[16:43.920 --> 16:48.000]  silver which are not beholden to the reputation of a government or an institution because of
[16:48.000 --> 16:52.800]  worries that the currency and bonds tied to this nation in this particular case the u.s but this
[16:52.800 --> 16:58.640]  is an issue in every single country that's the thing that's really worrying about the time that
[16:58.640 --> 17:04.720]  we live in when you look at every single one of the western nations they're all involved heavily
[17:04.720 --> 17:11.760]  in deindustrialization because of this green grift that's going on but they're also heavily heavily
[17:11.760 --> 17:17.840]  involved in debt and this is the background the backdrop for why they desperately want
[17:17.840 --> 17:22.640]  war when you look at what they're doing whether you're talking about germany france the uk or
[17:22.720 --> 17:30.240]  america or russia any of them they all want war why well because they see what is happening
[17:30.240 --> 17:38.640]  domestically that's why the trump's saber rattling in the wake of domestic unrest in iran is so
[17:38.640 --> 17:45.360]  stupid because all that does is strengthen the hand of the domestic leaders against a foreign
[17:45.360 --> 17:51.600]  enemy this has always been the mechanism of dictators and charlatans who are hurting their
[17:51.600 --> 17:57.520]  own people they create another enemy either somebody within the country or somebody outside
[17:57.520 --> 18:03.600]  the country usually both of those well trump is doing that and you've got the other european
[18:03.600 --> 18:09.840]  countries the other part of nato they're all doing that as well so um this is where we are at this
[18:09.840 --> 18:17.120]  point in time so trump favors government control of interest rates writes the new american trump
[18:17.120 --> 18:25.440]  took to his ministry of truth social last week to support a one year 10 cap on credit card interest
[18:25.440 --> 18:35.360]  rates i should be playing at this point in time the admiral akbar clip it's a trap this is this
[18:35.360 --> 18:40.560]  is the same kind of come on that you get you know uh you know change your debt over to this credit
[18:40.560 --> 18:44.720]  card company will give you low interest rates for a year or whatever then it's going to skyrocket
[18:45.680 --> 18:49.920]  uh so this is really a debt trap more than anything else it's not fixing
[18:50.640 --> 18:56.800]  the bad um or the lack of usury laws in the united states at all trump did not explicitly say
[18:57.600 --> 19:01.280]  whether he was simply asking congress to use the power of the federal government to implement this
[19:01.280 --> 19:07.840]  price control or whether he intended to simply make a law to that effect by issuing a presidential
[19:07.840 --> 19:14.480]  executive order i think that he's going to do an executive order because he gave a time certain
[19:14.720 --> 19:19.760]  he said by such and such you know we're going to do and he gave the date we're going to do a one
[19:19.760 --> 19:24.720]  year moratorium on credit card rates and you know we're going to cap them uh not more time but we're
[19:24.720 --> 19:31.360]  going to cap them at 10 percent and that happens to be the one year anniversary of his inauguration
[19:31.360 --> 19:36.480]  so i think it's going to be an executive order he claims that everything is an emergency so he's
[19:36.480 --> 19:41.600]  going to say this is an emergency as well he said we will no longer let the american public be ripped
[19:41.600 --> 19:49.600]  off by credit card interest rates well i looked into the history of usury and these rates because
[19:49.600 --> 19:54.320]  i you know if you've listened to this program for very long you know that is a pet peeve of mine
[19:54.960 --> 20:01.360]  the massive spread between what the banks get their money for when they borrow it from the fed
[20:02.160 --> 20:09.520]  and uh what they charge people when they lend it out and what they pay on savings and the criminal
[20:09.520 --> 20:14.160]  interest rates that they charge on credit cards i've talked about that for a long time and so
[20:14.160 --> 20:18.880]  you would think i'd be 100 behind this but the reality is is that this is just shared
[20:18.880 --> 20:24.720]  demagoguery and it is a debt trap for people as well are you in texas and are you tired of not
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[21:20.640 --> 21:26.080]  must be 18 or older play responsibly so i was really surprised to learn that there was never
[21:26.080 --> 21:32.400]  a federal usury law i thought there was you know we had the rapid inflation of the 1970s
[21:33.600 --> 21:39.680]  late 1970s i was still in college my head was in the engineering books i wasn't paying too much
[21:39.680 --> 21:45.920]  attention to news politics and economics at the time but my dad did and i remembered that happening
[21:45.920 --> 21:52.400]  and i just kind of vaguely oh yeah they changed this and that and so now they're going to remove
[21:52.400 --> 21:59.520]  this restriction of a 10 interest rate how did that happen well there was no federal law
[22:00.240 --> 22:08.240]  no federal usury law however we had a tradition in western civilization especially in england
[22:08.240 --> 22:15.760]  going back to the 1500s there were laws that would limit interest rates to between six to
[22:15.760 --> 22:21.920]  ten percent if you charge more than that it was considered to be a crime and what happened in
[22:21.920 --> 22:27.760]  america was of course government in america was primarily state government you know the states
[22:27.760 --> 22:32.880]  created the central government and the states handled pretty much everything except for the
[22:32.880 --> 22:37.120]  common defense that was really the main reason that they created a federal government was for
[22:37.120 --> 22:43.920]  defense purposes and so the laws about what were legal interest rates were pretty much state laws
[22:45.520 --> 22:50.880]  and what happened in 1978 you had a supreme court case that said and there was a lot of
[22:50.880 --> 22:55.520]  economic pressure for this because we had very very high interest rates as a matter of fact
[22:55.520 --> 23:00.000]  as i said we got married today is our 46th anniversary we got married in 1980 when we
[23:00.000 --> 23:08.240]  bought a house in 1980 because both of us had had jobs when we bought a house we had a 13
[23:08.240 --> 23:12.960]  percent fixed interest rate like i said i wasn't paying too much attention to economics at the time
[23:15.040 --> 23:20.480]  or trends and so we got slammed with that and that was not a good decision would not do that
[23:20.480 --> 23:23.760]  i wish i could go back and talk to my younger self it's one of those many things
[23:25.280 --> 23:31.920]  one of the many things i would change but a 13 fixed rate on a home mortgage and it got higher
[23:31.920 --> 23:38.080]  than that before they started coming down it got up to 16 i think i saw some people had but we had
[23:38.080 --> 23:44.720]  the one that was 13 and so there was a lot of pressure to get rid of this 10 cap and by 1980
[23:44.720 --> 23:50.240]  they had gotten rid of it but how it happened was first the supreme court came in and said
[23:50.880 --> 23:56.480]  well since this is done by states we're going to say that the governing rule here
[23:57.120 --> 24:02.320]  is going to be what is the legal interest rate to charge in the state where you are headquartered
[24:02.960 --> 24:08.000]  it's one of the reasons why delaware the criminal state of delaware is so popular with corporations
[24:08.720 --> 24:14.000]  you know joe biden's state people could go there and they didn't have a cap or it was very very
[24:14.000 --> 24:18.880]  high i don't know what it was but delaware was that was a big draw for delaware if you were
[24:18.880 --> 24:24.800]  headquartered in delaware incorporated in delaware not headquartered but incorporated in delaware
[24:24.800 --> 24:29.440]  according to the 1978 supreme court decision you could charge whatever you wanted to in every other
[24:29.440 --> 24:38.640]  state then what happened in 1980 was the congress came in with a law in 1980 they had the deregulation
[24:38.640 --> 24:46.960]  and monetary control act and what that did was by an act of congress not by changing the constitution
[24:47.520 --> 24:53.520]  but an unconstitutional act by congress why as i say is it unconstitutional well because the
[24:53.520 --> 24:59.360]  10th amendment makes it very clear that any powers not specifically delegated to the states
[25:00.080 --> 25:07.040]  are retained by the states and by the people and so just like the definition of marriage for example
[25:08.000 --> 25:14.480]  or the definition of when life begins this was a usurpation by the courts to say we will decide
[25:14.480 --> 25:19.040]  what that is well you don't have the authority to decide that and then the congress jumped in with
[25:19.040 --> 25:23.920]  the 1980 act again no branch of the federal government not the supreme court not the congress
[25:23.920 --> 25:30.480]  and not the presidency has the right to set interest rates that is not in the constitution
[25:31.280 --> 25:37.600]  and so with the demonetization deregulation rather and this is a demonetization right
[25:37.600 --> 25:44.800]  deregulation and monetary control act of 1980 they overrode pretty much all of the state usury laws
[25:45.680 --> 25:53.680]  and they extended these exemptions to secondary things not just to things coming from the banks
[25:53.680 --> 25:58.160]  but also to other corporations and credit lenders and things like that so yet again
[25:58.960 --> 26:06.320]  we see the example that centralized government rather than being protective centralized government
[26:06.320 --> 26:12.480]  always becomes a tool of special interest in corruption these people do whatever their corporate
[26:12.480 --> 26:19.120]  donors and patrons want them to do and so in this particular case rather than there there was never
[26:19.120 --> 26:23.760]  a situation where the federal government was protecting people from usury what the federal
[26:23.760 --> 26:29.840]  government's role in the interest rates was was to expose us to usury and to institutionalize it
[26:30.400 --> 26:36.160]  with both the federal reserve and the banks that they were canning love with and so
[26:37.600 --> 26:42.320]  again the presidency trump doesn't have the authority over the interest rates
[26:43.440 --> 26:48.080]  congress doesn't the supreme court doesn't on these credit cards and they shouldn't have it
[26:48.960 --> 26:56.160]  but when we look at this and and as i said and we we look at these issues i really hate
[26:56.160 --> 27:02.960]  the high interest rates and the exploitation that is involved in it and it is i think
[27:03.680 --> 27:08.560]  a form of debtor's prison you know we're all familiar with charles dickens and how many times
[27:08.560 --> 27:13.760]  he talked about debtor's prison as a matter of fact it was the central theme of one of his
[27:13.760 --> 27:19.680]  stories little doric and the character that was in that the the father that was in that was
[27:19.680 --> 27:26.000]  put in the same debtor's prison that charles dickens father had been put in and it's amazing
[27:26.000 --> 27:33.920]  to me how similar the credit card trap is to these debtor's prisons that we saw with that and that
[27:33.920 --> 27:40.080]  was a a key issue with him because of his father being in prison his father was spent many years
[27:40.080 --> 27:48.400]  in debtor's prison over a 40 pound bill that was unpaid to a banker not banker but a baker of
[27:49.120 --> 27:50.560]  you know cookies or whatever
[27:53.280 --> 27:57.840]  debtor's prison over those uh those kepler elf cookies but boy they were good
[27:58.880 --> 28:04.560]  can't pay for them but but anyway that's that's where we are right now so the credit card companies
[28:04.560 --> 28:12.320]  oppose the plan surprise surprise yeah again we've had centuries of wise moral policy
[28:13.280 --> 28:19.760]  that has been overturned by central government the federal government it was always considered
[28:19.760 --> 28:24.400]  to be loan sharking because companies are charging interest rates of 20 to 30 percent
[28:24.400 --> 28:32.000]  on these credit cards and that here's the argument from the credit card companies amazingly
[28:32.000 --> 28:37.360]  major credit card companies oppose the move arguing that any such interest rate ceiling
[28:37.360 --> 28:43.520]  would hurt lower income americans the most they were so concerned about lower income
[28:43.520 --> 28:48.240]  americans that they charged them 20 to 30 percent so they can never get out of debt i mean they're
[28:48.240 --> 28:55.600]  like the mafia you know this is uh yeah you shouldn't if i can't charge this guy 50 interest
[28:55.600 --> 29:00.480]  and break his legs and he doesn't pay uh that's gonna hurt this guy it's like i think you're the
[29:00.480 --> 29:05.360]  one hurting him the credit card companies and the big banks argue that lowering interest rates on
[29:05.360 --> 29:12.480]  their credit cards would lead to fewer cards being issued to high-risk borrowers that's the idea
[29:13.920 --> 29:19.040]  that would be a good thing if you can't pay it back you don't need a line of credit
[29:19.760 --> 29:24.880]  of course the federal government wouldn't understand that not with a 38 trillion dollar
[29:24.880 --> 29:32.080]  credit card that they can't pay off so again like i said this is the 21st century equivalent
[29:32.080 --> 29:39.920]  of debtor's prison never going to get out of it and yet the the new the new american sees this
[29:40.720 --> 29:46.480]  as a form of price control i understand that argument and i'm not for wage and price controls
[29:47.200 --> 29:54.080]  which is you know what richard nixon tried to do in order to keep inflation under control but some
[29:54.080 --> 30:00.720]  have described debtor's prison as less about punishment for a crime and more about a cruel
[30:01.680 --> 30:10.320]  profit-driven system that pummeled poverty itself punished it right and so it is a cruel profit
[30:10.320 --> 30:15.920]  driven system that we're talking about here this is not a marketplace let's understand that we
[30:15.920 --> 30:23.600]  don't have a marketplace in these things anymore you know it isn't like when you go when just take
[30:23.600 --> 30:31.360]  a look at home mortgages for example especially in the context of a situation like you know it's a
[30:31.360 --> 30:36.080]  wonderful life where you've got competition you know you've got the savings alone and then you got
[30:36.080 --> 30:41.520]  mr potter right so there's competition on the rates he doesn't like that he wants to have a monopoly
[30:41.520 --> 30:46.960]  on homes and he can charge people whatever he wants at that point in time and that really is
[30:46.960 --> 30:54.960]  where we are right now we don't have a system of competition we have a system of collusion between
[30:54.960 --> 31:01.040]  big government and these corporations just take a look at these interest rates that we have there
[31:01.040 --> 31:08.240]  for example you know we have a massive spread in a sense it's kind of a debtor's prison you know
[31:08.240 --> 31:12.400]  if you fall back on some of your payments your credit card your credit rating will drop
[31:13.120 --> 31:18.800]  and then they'll add like another five to ten percent on the already confiscatory interest
[31:18.800 --> 31:22.880]  rates that are there so you got people are struggling to pay and instead what they do is
[31:22.880 --> 31:29.920]  they jack up the interest rates on this and so i see this as a systematic i see it as structurally
[31:29.920 --> 31:34.640]  immoral what's going on texas it's bluff here are you sick and tired of going to the rodeo
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[32:31.920 --> 32:38.080]  structurally exploitative in the same way the banks are no longer paying interest on savings
[32:38.080 --> 32:44.080]  accounts and how they have maintained this massive spread between the mortgage rates that they charge
[32:44.080 --> 32:50.080]  you if you buy a house and what they pay you on your savings account if you go back to 1950s
[32:50.080 --> 32:54.000]  and i remember going back and doing this research from people say oh look at this
[32:54.000 --> 32:57.600]  interest rates dropped down to five percent at one point in time that's the lowest that we've
[32:57.600 --> 33:03.520]  seen since like the 1950s or whatever at that point in time i thought well why do they pay
[33:03.520 --> 33:09.440]  people on savings accounts rather than a tiny tiny fraction of one percent they were paying
[33:09.440 --> 33:14.800]  people four percent on the savings accounts while they were charging people five percent
[33:14.800 --> 33:20.800]  on home mortgages so it's like a one percent spread that's not what we're seeing right now
[33:20.800 --> 33:26.240]  these banks especially when you go back and look at what happened in 2008 and so forth
[33:26.240 --> 33:30.640]  they're getting their loans in the wake of 2008 they were getting their loans
[33:31.280 --> 33:37.360]  at zero percent interest yeah what were they charging people right the home loans were going
[33:37.360 --> 33:46.480]  like four to six percent for the next eight years seven years from 2008 to 2015 and when you look
[33:46.480 --> 33:51.040]  at the credit card rates that were there the credit card rates even though the banks were
[33:51.040 --> 33:56.480]  getting their money from the federal reserve at zero percent and that was the other thing they
[33:56.480 --> 34:02.560]  were telling everybody yeah we got bailed out but we paid that all back you paid it all back
[34:02.560 --> 34:10.000]  with money that you got at zero percent interest from the federal reserve i don't see that
[34:10.000 --> 34:16.720]  as paying it back you were given the money for free from the federal reserve and you paid off
[34:16.720 --> 34:21.680]  your quote paid off your debt anyway they were getting the money for for zero percent and the
[34:21.680 --> 34:28.000]  credit card rates were 13 15 percent or whatever they've skyrocketed up from that as well so all
[34:28.000 --> 34:36.720]  of this is a criminal so again it used to be they had a spread of one percent not four to six percent
[34:37.360 --> 34:43.920]  on the home loans and then when you look at the interest rate spread that they had on credit cards
[34:43.920 --> 34:48.640]  they'd get the money for zero percent loan it out on the credit cards for 13 to 14 percent
[34:49.520 --> 34:55.360]  while they're getting it at zero percent it's absolutely criminal and so i don't see it as a
[34:55.360 --> 35:00.720]  situation of wage and price controls you know they look at and say well this is distorting the market
[35:00.720 --> 35:04.960]  i'm sorry there isn't a market when you're talking about banks and we're talking about federal
[35:04.960 --> 35:11.200]  regulation that there's the whole idea of it being a marketplace sailed a long time ago that
[35:11.200 --> 35:16.560]  ship is not at port anymore so lenders with high interest rates are typically accused of predatory
[35:16.560 --> 35:21.440]  lending and i just laid it out why they get the money at zero percent and if they loan it to you
[35:21.440 --> 35:27.360]  for a real estate loan four to six percent they go to your credit card 13 14 they got it for nothing
[35:27.360 --> 35:34.000]  it didn't cost them anything and so that is predatory and they say here if a free people
[35:34.000 --> 35:39.120]  determine the price and the free market well we can all talk about those hypotheticals just like
[35:39.120 --> 35:44.160]  we can always talk about the hypothetical what if the federal government obeyed the constitution
[35:46.160 --> 35:51.440]  can you imagine what that would look like it looked like nothing like today they don't obey
[35:51.440 --> 35:56.560]  the constitution on anything another concern about trump's proposal is that if he were to
[35:56.560 --> 36:03.600]  actually impose the controls as did emperor diocletian via presidential executive order it
[36:03.600 --> 36:08.240]  would be a gross violation of the constitution and its separation of powers they're right about that
[36:09.440 --> 36:17.120]  executive orders by a president are to enforce existing law not to make law and that's one of
[36:17.120 --> 36:21.920]  the hallmarks of the trump administration this first year executive order after executive order
[36:21.920 --> 36:28.560]  after executive order all of them over phony emergencies claiming that there's an emergency
[36:28.560 --> 36:34.480]  so now he can usurp the power that he doesn't have to address an emergency that doesn't exist
[36:36.080 --> 36:43.120]  he's not the commander in chief he is the liar and thief this is what trump is so ubs explains
[36:43.120 --> 36:50.720]  why trump's 10 credit card rate cap is unlikely to happen and again it would only be for one year
[36:51.600 --> 36:56.560]  so it'd be a trap i think for many people but they said it would take an act of congress for
[36:56.560 --> 37:01.440]  rate caps like this to be put in place by the way authority for which they really don't have
[37:01.440 --> 37:08.400]  any authority something that could be done right now by the states and challenge the usurpation
[37:08.400 --> 37:13.840]  of power by the congress and probably by the supreme court so you'd probably lose but you
[37:13.840 --> 37:20.160]  know it's one of these things it's a fight worth having anyway credit card rate caps were discussed
[37:20.160 --> 37:27.760]  but failed to be included in the 2025 genius act which suggests that the industry lobby
[37:27.760 --> 37:32.800]  has made an impact well you know we've had this last year we've had the genius act
[37:33.520 --> 37:36.960]  and we've had the genesis act the genesis act was to clear the decks
[37:37.520 --> 37:43.840]  and give everything to the big technocracy of ai people but they wanted the genius act
[37:44.400 --> 37:52.240]  was to do the same thing for crypto the the industries that are favored by trump because
[37:52.240 --> 38:00.000]  they are his donors he tweeted out all uppercase affordability effective january the 20th 2026
[38:00.000 --> 38:05.840]  i as president of the united states i'm calling for a one-year cap on the credit card interest
[38:06.320 --> 38:13.120]  of 10 that's why i say i think he intends to do it by fiat by decree
[38:14.320 --> 38:21.680]  by uh executive order as the king or i should say the colligula right neo colligula i think
[38:21.680 --> 38:28.160]  that's uh who this guy really is um the caps proposed state date coincides the anniversary
[38:28.160 --> 38:34.480]  of trump's second term inauguration and if implemented would fulfill his 2024 election
[38:34.480 --> 38:43.200]  campaign pledge well again it is a sheer demagoguery and it is a trap what's up baby
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[39:39.360 --> 39:47.120]  must be 18 or older play responsibly meanwhile he's looking at a supreme court ruling on the
[39:47.120 --> 39:54.080]  tariffs that everybody is believing is going to be unfavorable to him because of the arguments
[39:54.080 --> 39:58.560]  that were heard in the statements that were made by the supreme court justices questioning this
[39:59.200 --> 40:05.120]  it looks like they don't believe that he has the authority which he doesn't have to do this
[40:05.120 --> 40:13.760]  and so trump has issued a grave warning saying we're screwed if the supreme court strikes down
[40:13.760 --> 40:21.680]  his tariff bonanza think about this think of the mindset of this guy as i said longest time this
[40:21.680 --> 40:26.240]  is one of the best examples of how you can tell that trump is a new york city democrat
[40:27.600 --> 40:33.920]  a tax and spend liberal pedophile you know covering up for jeffrey upstein after hanging
[40:33.920 --> 40:38.560]  out with him and then thinking that the weight of prosperity is through taxing and spending money
[40:39.680 --> 40:48.000]  and so you know he wants to the terrorists are really a stupid game for stupid players
[40:48.720 --> 40:54.080]  so he lies about the emergencies he violates the constitution he usurps power and then he
[40:54.960 --> 41:02.720]  throws this out and he creates chaos in the marketplace and it's created chaos and bankruptcy
[41:02.720 --> 41:08.240]  for businesses small medium and large especially the small businesses and for retail as well as
[41:08.240 --> 41:14.560]  for manufacturing simply because it doesn't really matter what the economic policy is he's
[41:14.560 --> 41:19.120]  changed it constantly and so here he's saying that we're going to be it's going to be
[41:20.240 --> 41:25.760]  just horrific if the supreme court comes in and changes his tariffs he spent the entire year
[41:25.760 --> 41:31.760]  changing his tariffs on a whim if he had a bad phone call with the leader of china okay you're
[41:31.760 --> 41:39.600]  getting over 100 tariffs just temper tantrums narcissism ego that was the the yardstick by
[41:39.600 --> 41:44.400]  which you could look at the tariffs that were there they made absolutely no sense he punished
[41:44.400 --> 41:50.560]  people with whom we had a trade surplus but while this was all happening he completely ignores
[41:51.360 --> 41:59.760]  the actual cumulative deficit of 38 trillion dollars which is far far far more important
[41:59.760 --> 42:05.120]  and consequential economically than any of these trade deficits that are there but again
[42:05.840 --> 42:11.040]  he drives many businesses out of business with a chaos and now he claims that the effects are
[42:11.040 --> 42:16.480]  just going to be too big if you change what he finally settled on the effects are going to be
[42:16.480 --> 42:20.080]  too big and too catastrophic and they can't comply with it and they don't know who paid them the
[42:20.080 --> 42:26.800]  money and all the rest of stuff really you had the dog eat your tariff records is that what happened
[42:26.800 --> 42:30.480]  i mean he doesn't even have a dog in the white house one of the few presidents that doesn't
[42:30.480 --> 42:35.520]  have a dog but uh and again a lot of them put the dog they're just trying to humanize themselves
[42:35.520 --> 42:41.840]  to the people but he doesn't care about looking human and so what happened all the records you
[42:41.840 --> 42:46.720]  can't tell who you got this money from and who you got to pay it back to give me a break what's
[42:46.720 --> 42:54.960]  even worse is that if the supreme court finds rules in favor of the truth saying that trump in
[42:54.960 --> 43:02.240]  fact did not have the authority to create taxes that is under the constitution the authority of
[43:02.240 --> 43:08.080]  congress and so if they overturn it on that basis the people who have paid these tariffs
[43:08.800 --> 43:15.200]  have to then sue the government in civil court so you'll know trump exactly how much people paid
[43:15.200 --> 43:20.480]  because they'll give you a bill for it just in case you didn't keep the records and so he says
[43:20.480 --> 43:26.800]  we're screwed if the supreme court strikes down the tariffs that he has unilaterally imposed on
[43:26.800 --> 43:32.480]  most of the rest of the world he said it'd be a complete mess almost impossible for our country
[43:32.480 --> 43:38.000]  to pay it may not be possible but if it were it would be dollars it would be so large that would
[43:38.000 --> 43:43.360]  take many years to figure out what number we're talking about even who when and where to pay
[43:44.080 --> 43:50.720]  this is a reminder this guy drove a half dozen casinos bankrupt because he doesn't know what
[43:50.720 --> 43:56.880]  he's doing so he's uh just uh stole the money from people and now he can't figure out who he
[43:56.880 --> 44:02.000]  has to repay if he's told that he's got to get it back and again this is money that has been taken
[44:02.000 --> 44:10.240]  out of the voluntary market if you will and sent to washington when is that ever a good thing
[44:10.800 --> 44:20.000]  when are conservatives actually going to wake up to what are they trying to conserve anyway i i
[44:20.000 --> 44:26.080]  just can't figure that out i think conservatism is absolutely dead in this country there isn't
[44:26.080 --> 44:30.400]  anything that they want to conserve they don't want to conserve the constitution they don't
[44:30.400 --> 44:35.840]  want to conserve the rule of law they don't want to conserve the separation of powers there's nothing
[44:35.840 --> 44:39.920]  that they want to conserve they only want to conserve money it's like spend spend spend
[44:40.800 --> 44:46.400]  give him a pat on the back whenever he spends a lot of money so he can't tell who he's taxed
[44:47.200 --> 44:55.760]  and um only a democrat and a failed casino owner would think that taxes are prosperity
[44:56.480 --> 45:01.360]  during the arguments chief justice john roberts characterized the terrorists as taxes on americans
[45:02.320 --> 45:08.320]  and that's key he maintains that they're not taxes they're not taxes on americans that it's
[45:08.320 --> 45:13.840]  just magic money you know the democrats have their modern monetary theory mmt which i always call the
[45:13.840 --> 45:18.320]  money the magic money tree no we don't have to worry about deficits it's just you know it's just
[45:18.320 --> 45:24.560]  money that we make up and everything trump is the same way he's a supply side modern monetary
[45:24.560 --> 45:30.800]  theorist right now this magic tariff money just comes from nowhere and nobody's paying it isn't
[45:30.800 --> 45:38.960]  that great and so it just appeared and you know the amazing thing about it too is that he's already
[45:38.960 --> 45:44.080]  come up with multiple ways that he wants to spend this bonanza that he calls it you know first he's
[45:44.080 --> 45:48.880]  going to hand out a big check to all americans then he thinks about a little bit longer and he says no
[45:48.880 --> 45:55.360]  let's give it all to military spending i can't make up his mind on that either so then we get
[45:55.360 --> 46:02.080]  to fed chair powell who holds a press conference and says i'm under criminal investigation and he
[46:02.080 --> 46:08.320]  says this is not about any crime that has actually been committed he said this is about the fact that
[46:08.320 --> 46:14.240]  trump wants control over the federal reserve and he wants to push me out i think and many other
[46:14.240 --> 46:20.400]  people think that this is going to actually backfire on trump remember he went to a lot of trouble to
[46:20.400 --> 46:28.080]  try to get lisa cook out why well because the the fed chair himself has a lot of influence but he's
[46:28.080 --> 46:33.760]  not the only guy that votes as to whether or not to raise the lower interest rates he is the face
[46:33.760 --> 46:39.840]  of this group of invisible people that are back there that we don't see and and yet it's the
[46:39.840 --> 46:44.080]  governors that are actually voting on that that's why it was so important for trump to get rid of
[46:44.160 --> 46:51.680]  lisa cook who's going to oppose his ideas on what he thought the economy needed his central planning
[46:51.680 --> 46:56.560]  they've got their own central plans and they are political in terms of their opposition to trump so
[46:56.560 --> 47:02.960]  he wanted to get rid of her well what happens is that uh chairman powell who trump put into place
[47:02.960 --> 47:11.200]  trump made him the chair of the federal reserve well he his term ends in may so he's gone as the
[47:11.200 --> 47:18.240]  chair however he can remain as one of the governors and still have a vote on all of these economic
[47:18.240 --> 47:22.080]  issues you know whether they're going to do quantitative easing or they're going to lower
[47:22.080 --> 47:29.840]  interest rates or whatever raise interest rates he will still be there as a governor until 2028
[47:31.040 --> 47:38.000]  typically that's not what happens typically if somebody is the the fed chair once their
[47:38.000 --> 47:43.120]  term is up they leave the federal reserve they're not they don't stick around as a demoted
[47:43.120 --> 47:49.760]  you know to get demoted from chair to back to one of the governors but he might stick around
[47:50.800 --> 47:56.480]  in which case trump was looking at well i get to replace the fed chair and i get to replace a
[47:56.480 --> 48:02.720]  governor position no no this guy might stay there to be a thorn in your side if you make him angry
[48:02.720 --> 48:08.640]  which is what trump has a history of doing federal prosecutors are conducting a criminal
[48:08.640 --> 48:15.360]  investigation the federal reserve chair jaron powell focused on the extraordinarily excessive
[48:16.000 --> 48:21.840]  two and a half billion dollar renovation i don't know how you justify that except we're talking
[48:21.840 --> 48:28.320]  about washington the district of criminals and the district of corruption and the district of debt
[48:28.320 --> 48:36.480]  really um his resisted he he um he had also testified to congress that's a part of it as
[48:36.480 --> 48:42.800]  well now the person who's bringing these charges is fox news commentator janine perero appiro
[48:42.800 --> 48:49.360]  whatever who is now judge janine who is now a prosecutor there in dc uh all of it very
[48:49.360 --> 48:54.560]  political pal said the probe is a result of a long-standing frustration by trump over the fed's
[48:54.560 --> 48:59.360]  refusal to cut interest rates as quickly and as much as the president has demanded
[49:00.320 --> 49:09.280]  and so again this is thuggish corrupt lawfare uh by trump as we've seen over and over again
[49:09.280 --> 49:13.440]  it's a threat of criminal charges as are a consequence of the federal reserve setting
[49:13.440 --> 49:19.600]  interest rates based on our best assessment of what will serve the public rather than following
[49:19.600 --> 49:25.280]  the preferences of the president this is about whether the fed will be able to continue to set
[49:25.280 --> 49:31.200]  interest rates based on evidence and economic conditions or whether instead monetary policy
[49:31.200 --> 49:36.640]  will be directed by political pressure or intimidation so he threw down the gauntlet
[49:37.680 --> 49:43.200]  and went public now trump is the man is denying that this is coming from him that it is political
[49:43.200 --> 49:48.720]  but everybody knows what the truth is pal said this is not about my testimony last year and it's
[49:48.720 --> 49:53.440]  not about the renovation of the federal reserve buildings what's going on texas it's bluff here
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[50:49.840 --> 50:57.680]  must be 18 or older play responsibly quite frankly it should be i think i think that looks
[50:57.680 --> 51:03.200]  incredible again i just i can't conceive of how you could spend two and a half billion dollars
[51:03.200 --> 51:07.120]  just to renovate a building they're not even talking about building it i mean you're talking
[51:07.120 --> 51:12.800]  about building it'd be hard to spend two and a half billion dollars building a building but
[51:12.800 --> 51:19.600]  he's just doing renovation must be some expensive chair railing he's putting up there maybe trump
[51:19.600 --> 51:24.080]  mandated that it all needed to be gold that's right yeah they're going to clean out fort nox
[51:24.080 --> 51:29.840]  for this it's not about congress's oversight role the fed through testimony and other public
[51:29.840 --> 51:34.640]  disclosures made every effort to keep congress informed about the renovation project he said
[51:35.440 --> 51:39.600]  so those are pretexts i have deep respect for the rule of law for the accountability of our
[51:39.600 --> 51:43.760]  democracy said no one certainly not the chair of the federal reserve is above the law but this
[51:43.760 --> 51:51.680]  unprecedented action should be seen in the broader context of the administration's threats and ongoing
[51:51.680 --> 51:59.600]  pressure so he is ready to fight trump i think it's backfired here i have served as the at the
[51:59.680 --> 52:05.120]  federal reserve under four administrations republican and democrat alike and he was
[52:05.120 --> 52:12.000]  actually appointed by trump as chair a doj spokesman in a statement to cnbc without
[52:12.000 --> 52:17.040]  saying the comment was about powell said the attorney general has instructed her us attorneys
[52:17.040 --> 52:24.480]  to prioritize investigating any abuse of taxpayer dollars so yeah we just this is just like a doge
[52:24.480 --> 52:29.200]  thing right is there anything that the government does that isn't an abuse of taxpayer they're
[52:29.200 --> 52:35.520]  going to be busy for an ordinately long time yeah they're never going to stop yeah i remember
[52:35.520 --> 52:40.400]  there's an organization in around tea party time where citizens against government waste
[52:40.400 --> 52:45.280]  i said you could just drop that w right off of there because everything the government does
[52:45.280 --> 52:50.960]  is a waste and abuse and fraud yeah if you start going through this line by line you will never
[52:50.960 --> 52:56.000]  get finished you really just got to bust out the chainsaw and start cutting this out wholesale
[52:56.000 --> 53:04.640]  that's right that's right anyway so the bottom line is is that it rocked the markets as usual
[53:05.440 --> 53:12.720]  it set all new precedents as usual and we're not really sure where this is going to go but anyway
[53:14.000 --> 53:19.280]  trump is right saying this is the most per square foot of any project that you've seen in the
[53:19.280 --> 53:25.440]  history of the world probably that might be the first true thing that trump has said i mean it
[53:25.440 --> 53:31.680]  truly is a scandal that they would spend that kind of money on a renovation but it tells you
[53:31.680 --> 53:38.080]  something about their attitude towards us doesn't it the other contempt that they have for the
[53:38.080 --> 53:45.520]  little guys this probe came to light nearly six months after representative anna polina luna
[53:45.520 --> 53:49.760]  first said that she'd referred pal to the doj for potential crimes of perjury and false statements
[53:49.760 --> 53:54.400]  to federal officials in connection with his testimony about the renovation project for the
[53:54.400 --> 54:00.000]  fed's headquarters and again this is another one of these it is very much like lawfare it's kind
[54:00.000 --> 54:07.200]  of what they did to trump you know this is i think it's wrong i think it needs to be stopped as to
[54:07.200 --> 54:13.360]  whether it is an unusual crime for things that typically happen in the district of criminals
[54:14.080 --> 54:18.560]  i don't think it rises to anything that's unusual anything that is not being done by any of the
[54:18.560 --> 54:25.040]  rest of them it's very much like what trump did we came after the mortgage loans for lisa cook
[54:25.040 --> 54:29.840]  and for latisha james saying that you put down that this is going to be for your own personal
[54:29.840 --> 54:35.280]  use and yet you never lived in this used it as income property or in the case of james she
[54:35.280 --> 54:40.800]  rented it out to a family member and did it at a discounted rate so i think she's actually pretty
[54:40.800 --> 54:45.440]  safe on that but nevertheless this is another one of these kind of process crimes that they're
[54:45.440 --> 54:49.680]  looking at which is the same game that they did to trump he just decided he's going to do it back
[54:49.680 --> 54:55.760]  to them and double down public opinion however doesn't support that kind of thing and trump should
[54:55.760 --> 55:00.880]  understand that it wasn't that people said well you shouldn't do that trump because i love trump
[55:00.880 --> 55:05.520]  we just looked at it and we said that's wrong to do that to somebody and we all know that's wrong
[55:05.520 --> 55:11.200]  to do with somebody even somebody as personally reprehensible as donald trump it's still wrong to
[55:11.200 --> 55:15.600]  do it to them and that's the thing that got him elected so what does he think it's going to do
[55:15.600 --> 55:22.240]  when he does this to drone powell maybe drone powell be the next president anyway so when he
[55:22.240 --> 55:29.040]  starts looking at people who are possible replacements for powell guess what he's got
[55:29.040 --> 55:33.520]  one of the guys that is at let's see is this blackstone and blackrock we need to keep these
[55:33.520 --> 55:41.200]  things separate because they are actually different here so blackrock not blackstone
[55:41.200 --> 55:48.000]  but blackrock and larry fink of course is in line to get special favored treatment with the panama
[55:48.000 --> 55:53.280]  canal remember that i mean that was like ancient history in terms of trump's conquests and
[55:53.280 --> 56:00.960]  intimidations abroad and yet so he's got a treasury secretary scott besant who's a sorrows
[56:01.440 --> 56:07.120]  uh eye ranking assistant right and then he wants to make as chairman of the fed
[56:08.000 --> 56:14.800]  um blackrock guy okay and uh of course there's three other people that he's looking at
[56:15.440 --> 56:20.960]  but uh doesn't that send off any warning flags for the conservatives i mean as soon as you have
[56:20.960 --> 56:26.560]  some of these back and forth fights uh about ice and the people oh look the paid protesters from
[56:27.440 --> 56:31.840]  soros you got some organization that's fed by another organization by another organization
[56:31.840 --> 56:35.920]  all these different shell corporations of soros and they're giving money to some of these people
[56:35.920 --> 56:42.000]  or helping them in some way or the other and i get it i don't like that i i reject that but again
[56:42.640 --> 56:48.000]  it's the the fact that they're so selective about when they look at this they don't care about the
[56:48.000 --> 56:55.200]  fact that soros and scott besant were the two who broke the bank of england and so he puts them in
[56:55.200 --> 57:00.960]  there to bank to break the bank of america i guess or uh central bank of america to break the dollar
[57:00.960 --> 57:06.720]  or whatever uh but they don't care they don't care about his close relationship with blackrock
[57:06.720 --> 57:14.720]  and larry fink either and all of this and so um some of the other people so this guy blackrock
[57:14.720 --> 57:20.640]  is the chief investment officer of global fixed income and he's going to be interviewed as well
[57:21.440 --> 57:27.680]  so you'll have the soros guy as i call him scott besant he's soros's soy boy will be
[57:27.680 --> 57:34.000]  interviewing him along with susie wiles and donald trump for a job interview when it comes to getting
[57:34.000 --> 57:39.840]  rid of the fed chair of not being able to wait another five months to get rid of him got to get
[57:39.840 --> 57:46.800]  rid of him now with lawfare scott besant allegedly told this is axios reporting it as a scoop
[57:47.440 --> 57:53.200]  besant told trump that investigation of the fed chair is going to create a mess well that's putting
[57:53.200 --> 58:00.480]  it mildly uh so um he told uh trump late sunday that the federal investigation into drum pal the
[58:00.480 --> 58:05.520]  fed reserve chair made a mess and it could be very bad for financial markets two sources familiar
[58:05.520 --> 58:12.400]  with the call told axios besant's worries about the financial fallout were somewhat realized on
[58:12.400 --> 58:18.000]  monday when the dollar dropped as bond yields and the price of gold rose amid worries about
[58:18.000 --> 58:23.280]  potential uh political interference the secretary isn't happy and he let the president know it said
[58:23.280 --> 58:31.120]  one source who talked to axios uh again it's jean perot's office in dc launching the probe
[58:31.840 --> 58:37.360]  the white house officials say well she didn't give a heads up to the treasury she just did
[58:37.360 --> 58:43.360]  it on her own well she knows what uh trump wants senior administration officials told axios they
[58:43.360 --> 58:48.400]  believe the idea for the criminal investigation was launched partly at the urging of the fha's
[58:48.400 --> 58:56.000]  director bill pulty this guy is a snake if ever there was one he's one who's going back with ai
[58:56.000 --> 59:01.440]  going back through decades of people's real estate history trying to find a process crime for them
[59:02.160 --> 59:10.720]  and uh so uh he denied that on bloomberg tv but uh who knows anyway many people call this a
[59:10.720 --> 59:16.800]  boneheaded move because it is yet again it is another boneheaded move from a boneheaded
[59:16.800 --> 59:23.440]  president uh this is lawfare at its worst said a former dallas fed president richard fisher
[59:24.400 --> 59:29.680]  the justice department threat to criminally indict pal may even make it harder for trump to
[59:29.680 --> 59:37.200]  replace pal with a loyalist and it'll probably as i said before keep pal there long after his
[59:37.200 --> 59:43.040]  term as chair expires typically they after they are no longer the chair they leave and so trump
[59:43.040 --> 59:48.080]  would have that place to replace but now he's not going to have that as well what's going on texas
[59:48.080 --> 59:53.040]  it's bluff here do you like playing casino style games like blackjack bachra craps and slots
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[01:00:44.560 --> 01:00:51.280]  must be 18 or older play responsibly so um again about three percent up for gold
[01:00:51.840 --> 01:00:58.720]  over forty six hundred dollars and silver spiked another eight percent rounding up on monday
[01:00:59.360 --> 01:01:05.360]  this is all a reaction to reality and this is not a temporary thing because there's a lot of
[01:01:05.360 --> 01:01:11.920]  different things that are pushing up the price of gold and silver in in addition to the economic
[01:01:11.920 --> 01:01:19.120]  issues that the us is having all of the countries are having economic issues and the um the western
[01:01:19.120 --> 01:01:25.280]  financial system as referenced by the fiat dollar by the swift clearance process and all the rest
[01:01:25.280 --> 01:01:30.400]  of stuff has been thoroughly decredited discredited by the russian sanctions and other things like
[01:01:30.400 --> 01:01:36.560]  that so nobody trusts this criminal government i think it was just the fifth oil tanker has been
[01:01:36.560 --> 01:01:43.680]  seized again this is amazing civil asset forfeiture on such a grand scale in the name of
[01:01:43.680 --> 01:01:50.320]  the war on drugs and it was never legal to start with and so nobody trusts this illegal criminal
[01:01:50.960 --> 01:01:56.240]  operation that we have here called america anymore and so everybody is looking to create
[01:01:56.240 --> 01:02:00.400]  a different financial system and everybody is stocking up on gold the central banks are
[01:02:00.400 --> 01:02:05.360]  stocking up on gold and you've got bricks stocking up on gold you've got the people who are
[01:02:06.080 --> 01:02:10.240]  trying are looking at creating another alternative approach here in the united
[01:02:10.240 --> 01:02:18.000]  states with stablecoin the trade the commerce secretary lucky lutnik and his tether stable
[01:02:18.000 --> 01:02:24.480]  they're looking at backing up the stablecoin not with dollars but with a real stable coin
[01:02:25.200 --> 01:02:31.040]  gold and so there's a lot of people that are accumulating and stacking gold big institutional
[01:02:31.120 --> 01:02:40.400]  buyers and then there's all the issues about war domestic as well as international all of these
[01:02:40.400 --> 01:02:45.040]  are things that are going to continue to drive gold and silver up and of course it also gets
[01:02:45.040 --> 01:02:50.800]  you some independence away from the federal reserve as they continue to devalue the dollar
[01:02:50.800 --> 01:02:55.200]  which has already lost more than 99 percent of its purchasing power since the federal reserve was
[01:02:55.200 --> 01:03:02.480]  created 112 years ago now this is an outrageous act which from any other president would be a
[01:03:02.480 --> 01:03:09.920]  shocker said former fed vice chair alan blinder in an email fed watchers say that trump's attack on
[01:03:09.920 --> 01:03:15.360]  the institution could make officials who are on the fence about a rate cut reluctant to be seen
[01:03:15.360 --> 01:03:20.400]  to do so the president's bidding so even if they were looking at the economic data and they thought
[01:03:20.400 --> 01:03:24.880]  the rates should be cut they don't want to be seen to be caving to the president
[01:03:25.520 --> 01:03:31.680]  so they might vote against it for political reasons it blows back exactly it's like his
[01:03:31.680 --> 01:03:37.680]  invasion of venezuela it is going to blow back big time on him i think overall this is
[01:03:37.680 --> 01:03:42.160]  counterproductive to the president's agenda and it almost forces the federal open market
[01:03:42.160 --> 01:03:49.440]  committee to be more hawkish in order to resist political pressure or to be seen to resist political
[01:03:49.440 --> 01:03:55.360]  pressure every living former fed chair and a bipartisan group of former treasury secretaries
[01:03:55.920 --> 01:04:02.800]  and white house economists have issued a statement yesterday defending powell from the unprecedented
[01:04:02.800 --> 01:04:08.480]  attempt to use prosecutorial attacks to undermine fed independence and again you see fed
[01:04:08.480 --> 01:04:14.400]  independence fed independence fed independence um i you know the whole structure of the federal
[01:04:14.400 --> 01:04:19.840]  reserve is just corrupt from the get-go and we need to look to see how we make this country
[01:04:20.400 --> 01:04:28.480]  independent from the fed so i'm all for it in that regard but not the way they mean independence
[01:04:28.480 --> 01:04:34.560]  the white house has sought to distance trump from the doj probe they said and of course you know
[01:04:34.560 --> 01:04:38.160]  powell is not going to ride off into the sunset he's going to stay there so there can be a thorn in
[01:04:38.160 --> 01:04:44.080]  trump's side well he may not ride off into the sunset but i think the gold and silver are going
[01:04:44.080 --> 01:04:49.920]  to go the moon so that's uh you know what that's the takeaway from this and again i'll just tell
[01:04:49.920 --> 01:04:54.560]  you it's one thing that you can do is most of these policies that we look at there's not too
[01:04:54.560 --> 01:05:00.320]  many things that we can do to actually guard against or to utilize it for our own benefit
[01:05:00.880 --> 01:05:05.440]  but when we look at the economic policies of the federal government and of the federal reserve
[01:05:06.000 --> 01:05:11.040]  there are things that we can do individually to try to mitigate that or even profit from it
[01:05:11.520 --> 01:05:16.720]  and the gradual accumulation of gold and silver as tony artisan makes possible wise wolf gold and you
[01:05:16.720 --> 01:05:23.440]  can let him know that we come to him through david night died gold if you do that that's a really
[01:05:23.440 --> 01:05:29.120]  wise move for your future because all of the fundamentals that have been there now for several
[01:05:29.120 --> 01:05:35.600]  years are not changing they're all getting worse and so we see the new high of forty six hundred
[01:05:35.600 --> 01:05:43.200]  dollars for gold and even higher 86 for silver and an even bigger jump in terms of percentage
[01:05:43.200 --> 01:05:50.400]  yesterday because they're not going to audit the fed they may look at the building cost
[01:05:51.520 --> 01:05:56.240]  they may audit the building cost of the federal reserve building but they're not going to audit
[01:05:56.240 --> 01:06:01.840]  what the fed does and they're not going to look at how much gold is in the in fort knocks it's
[01:06:01.840 --> 01:06:05.440]  bretsky i don't know how they let me on this podcast but while i'm here i might as well
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[01:06:59.600 --> 01:07:06.560]  must be 18 or older play responsibly because the fed is just a cesspool of organized crime
[01:07:07.120 --> 01:07:12.800]  just like the federal government itself nothing about that is going to change and then when we
[01:07:12.800 --> 01:07:20.240]  look at what trump is going to do in order to um try to make homes more affordable david bonson who
[01:07:20.240 --> 01:07:28.800]  was a wealth management firm the bonson group and they've got i forget how many billions of
[01:07:28.800 --> 01:07:34.640]  dollars they've got under management but i've interviewed david and he was saying that they've
[01:07:34.640 --> 01:07:39.200]  got the wrong target he said trump is saying he wants to ban large institutional investors
[01:07:39.200 --> 01:07:46.640]  from buying single-family homes we don't want to this really has played into the concerns that
[01:07:46.640 --> 01:07:51.280]  we all have that you hear from the world economic forum all the time you'll own nothing and you'll
[01:07:51.280 --> 01:07:57.040]  be happy right and so you see these large investment firms getting into buying up single-family
[01:07:57.040 --> 01:08:02.160]  homes it's like aha we know what that's about well the problem is is that if you actually look
[01:08:02.160 --> 01:08:08.400]  at the numbers it's still not very big you know it'd be a good thing maybe to um you know look at
[01:08:08.400 --> 01:08:13.440]  this and say you know what legally could we do about this i don't think there's any authority
[01:08:13.440 --> 01:08:19.200]  under the constitution doing anything about it whatsoever and you have to ask yourself uh how
[01:08:19.200 --> 01:08:25.520]  how do we justify saying that a certain group of people can't participate in a market that makes
[01:08:25.520 --> 01:08:29.760]  no sense at all but whether it's going to help from an economic standpoint is really what david
[01:08:29.760 --> 01:08:38.640]  bonson is talking about here and clearly when you look at what uh sources soy boy scott besant said
[01:08:38.640 --> 01:08:44.960]  at the economic club of minnesota last week he said yeah we're looking at this he goes as somebody
[01:08:44.960 --> 01:08:49.920]  who's been in markets for 40 years markets are made on the margin and so we're pushing out the
[01:08:49.920 --> 01:08:58.400]  marginal buyer but we haven't exactly decided on the exact contours uh in other words translation
[01:08:59.120 --> 01:09:04.720]  trump hasn't given this any thought as to how it's actually going to work this is just sheer
[01:09:04.720 --> 01:09:10.080]  demagoguery folks now we haven't really thought about the contours of this in other words how do
[01:09:10.080 --> 01:09:15.440]  we define somebody who is an institutional investor he said is it somebody who owns a dozen homes
[01:09:16.000 --> 01:09:22.640]  is it two dozen homes are we going to push out the small investor who goes in and buys a few
[01:09:22.640 --> 01:09:27.200]  houses and maybe makes them rental houses and single-family homes or something what are we
[01:09:27.200 --> 01:09:30.800]  really going to do about this and and that's a really troubling that's a troubling issue
[01:09:31.440 --> 01:09:37.040]  as well as the legal aspects of this and the legal precedence as a matter of fact the person
[01:09:37.040 --> 01:09:44.400]  who's asking him the question pointed out to the soros soy boy scott besant pointed out that the
[01:09:44.400 --> 01:09:53.760]  white house is aligning itself with senator elizabeth warren on these policies yet another
[01:09:53.760 --> 01:10:01.600]  example of how trump is a northeastern liberal democrat a tax and spend pedophile that's who
[01:10:01.600 --> 01:10:08.480]  the guy is always has been always will be and so uh david bonson said it's incredibly easy to
[01:10:08.480 --> 01:10:13.600]  empirically establish that three of the markets that have been some of the biggest home price
[01:10:13.600 --> 01:10:21.680]  appreciation in america bend oregon providence rood island and san jose california have zero
[01:10:21.680 --> 01:10:27.920]  institutional ownership three of the worst performing markets have the highest institutional
[01:10:27.920 --> 01:10:33.200]  ownership in other words the value of the houses have not gone up so institutions have invested in
[01:10:33.200 --> 01:10:37.520]  areas that were not good areas to invest in he said to the extent that we're talking about total
[01:10:37.520 --> 01:10:43.840]  institutional ownership people that own over a thousand homes and this is including multifamily
[01:10:43.840 --> 01:10:48.160]  which is what the president and secretary besant have not included so he says so there's more
[01:10:48.160 --> 01:10:53.200]  institutional investing in apartment buildings and they're not even including them they're not
[01:10:53.200 --> 01:11:01.040]  talking about apartment buildings but in single family it is 0.4 percent of the housing stock
[01:11:01.680 --> 01:11:05.920]  now some will say no you can't look at it in terms of total ownership because the marginal buyer
[01:11:05.920 --> 01:11:12.160]  is the new buyer okay you said well the new buyer at the peak year was three percent and if you look
[01:11:12.160 --> 01:11:18.320]  at the largest institutional owner a company called black stone which is repeatedly confused
[01:11:18.320 --> 01:11:24.160]  with black rock it makes for all kinds of fallacious statements on social media by the way i've seen
[01:11:24.160 --> 01:11:31.920]  these dc drano the guy the zionist the hardcore zionist too was one of the the biggest guys up
[01:11:31.920 --> 01:11:38.080]  front about this remember when trump released so-called released the epstein documents to some
[01:11:38.080 --> 01:11:44.560]  of these maga influencers and dc drano was one of the worst in terms of cheering it and talking
[01:11:44.560 --> 01:11:50.640]  about what he had there and this guy is putting out all kinds of false information about what's
[01:11:50.640 --> 01:11:56.720]  happening in the real estate market and confusing black stone with black rock perfect example of
[01:11:57.440 --> 01:12:08.480]  he said black stone owns 0.06 percent about 60 to 63 000 homes through conduits and subsidiaries
[01:12:08.480 --> 01:12:15.120]  in a country that has 85 million homes so we're talking about something that is not even remotely
[01:12:15.120 --> 01:12:20.960]  rational he said when he says that we have to pick the contours like well do we want them to allow
[01:12:21.760 --> 01:12:28.080]  do we want to allow them to buy 20 homes or do we allow them to buy 100 homes that is nothing
[01:12:28.080 --> 01:12:34.560]  but central planning and that is the problem is you know you want to talk about affordability
[01:12:35.360 --> 01:12:39.840]  the problem with affordability is that the federal government is impoverishing people
[01:12:40.400 --> 01:12:45.840]  through their policies and through the devaluation of the currency and through taxes and through
[01:12:45.840 --> 01:12:50.000]  regulation and the inflation that is the devaluement if you want to do something about
[01:12:50.000 --> 01:12:57.520]  affordability you got to go back to the basic issues and the most basic issue is the federal
[01:12:57.520 --> 01:13:02.800]  debt which trump himself is responsible for blowing up more than anybody else he made that
[01:13:02.800 --> 01:13:10.560]  initial kick in 2020 biden kept it up and so is trump and that's the real issue with affordability
[01:13:10.560 --> 01:13:16.000]  so we look at these things like we're going to put 10 one year cap of 10 on credit card rates
[01:13:16.000 --> 01:13:19.520]  we're going to tell people to get a 50-year mortgage and we're going to say you can't have
[01:13:19.520 --> 01:13:27.760]  institutional investors buying homes none of this is a solution i mean this is as stupid as
[01:13:27.760 --> 01:13:33.440]  gerard ford's win buttons whip inflation now remember that he put out these buttons as
[01:13:33.440 --> 01:13:38.800]  said when and it was stood for whip inflation now so you wear that problem is solved and that's
[01:13:38.880 --> 01:13:46.640]  the kind of idiotic demagoguery that is a slogan and you know jingoism and everything that the
[01:13:46.640 --> 01:13:53.600]  trump is involved in when you look at his economic remedies they're laughable absolutely laughable
[01:13:53.600 --> 01:14:00.560]  and unconstitutional and illegal to boot everything about this is wrong as david marston is saying
[01:14:00.560 --> 01:14:06.960]  it really goes back to supply and it really goes back to income and wealth in general
[01:14:07.760 --> 01:14:19.200]  that's the real issue it's not home ownership more than anything is a reflection of prosperity
[01:14:19.200 --> 01:14:25.840]  or poverty and that's what's happening our government is making us poor and all of this
[01:14:25.840 --> 01:14:31.200]  nonsense that trump is doing is just like putting a new coat of paint on his bankrupt casino
[01:14:31.920 --> 01:14:37.120]  uh nothing has changed at all look settle for something that is real something that you can
[01:14:37.120 --> 01:14:43.040]  start to accumulate gradually to try to protect yourself and to mitigate the harm that's going
[01:14:43.040 --> 01:14:46.400]  to be done to all of us i mean you're going to be harmed with this even if you own gold and silver
[01:14:46.400 --> 01:14:52.000]  we're all going to be harmed we're all harmed by excessive government regulation by central planning
[01:14:52.000 --> 01:14:56.800]  by inflation all the rest of the stuff but you can try to mitigate some of that again by getting
[01:14:56.800 --> 01:15:02.800]  into gold and silver tony artisan can help you at wise wolf and again let him know that you're
[01:15:02.800 --> 01:15:08.720]  coming through us through david night got gold that's all i can tell you and when we look at
[01:15:08.720 --> 01:15:15.360]  this stuff it's just unbelievable how ridiculous it is so that's the federal reserve war and when
[01:15:15.360 --> 01:15:21.520]  we come back we're going to take a look at the the foreign wars that we have everywhere because
[01:15:21.520 --> 01:15:25.760]  we've got a whole bunch of them stacked up a little bit of updates about all these different
[01:15:25.760 --> 01:15:32.640]  ones war with russia war with iran war with greenland war with venezuela that's the the
[01:15:32.640 --> 01:15:38.160]  common thread with trump everywhere he goes he goes to war with everybody he creates conflict
[01:15:38.160 --> 01:15:43.120]  where there wasn't any conflict he says there's emergencies when there aren't emergencies and
[01:15:43.120 --> 01:15:48.160]  then his policies create an emergency and so we're going to talk about all that when we come back
[01:15:48.160 --> 01:15:52.560]  we'll be right back stay with us
[01:16:19.120 --> 01:16:22.560]  so
[01:16:37.760 --> 01:16:40.560]  you're listening to the david night show
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[01:18:39.520 --> 01:18:52.000]  you're listening to the david night show
[01:18:56.080 --> 01:19:02.080]  aps radio delivers multiple channels of music right to your mobile device get the aps radio
[01:19:02.080 --> 01:19:07.840]  app today and listen wherever you go and before we get back to the news i just want to say real
[01:19:07.840 --> 01:19:12.640]  quickly a thank you to our donors which we call our producers because they are the ones who bring
[01:19:12.640 --> 01:19:17.760]  this program to you and i want to thank the people on zell who have made contributions
[01:19:18.560 --> 01:19:36.240]  sally d rose g michael m robert a shawn s william r kelly k linden h mary m john s michael l marice
[01:19:36.240 --> 01:19:45.920]  w william w janice w and and actually that was the last day of the year so it's already counted
[01:19:45.920 --> 01:19:51.520]  in there but thank you anyway thank you so much all of you and i don't have the list of the people
[01:19:51.520 --> 01:19:56.480]  who send things by mail but we will get that tomorrow but i want to thank many of you and
[01:19:57.040 --> 01:20:01.600]  i really do appreciate your support and that's what keeps this program going and we're about
[01:20:01.600 --> 01:20:08.560]  halfway through the month so we had a very good month last month as usual january really starts
[01:20:08.560 --> 01:20:14.240]  off slow because people got a lot of bills to pay and but thank you to those of you who have been
[01:20:14.240 --> 01:20:19.440]  faithful supporters that's always the same names that we see over and over again so let's talk a
[01:20:19.440 --> 01:20:23.360]  bit about the foreign wars and of course there's many of them to choose from how do we start we
[01:20:23.360 --> 01:20:29.520]  got small updates on a lot of different ones for instance in russia we had a couple of interesting
[01:20:29.600 --> 01:20:35.840]  updates in terms of you know one of the things that has really emboldened trump and the u.s
[01:20:35.840 --> 01:20:43.600]  military industrial complex is the superiority of our complex equipment and yes it is superior
[01:20:44.160 --> 01:20:50.960]  but it can still be shot down a good example of this is what is happening in the in the
[01:20:50.960 --> 01:20:58.240]  in ukraine we have an f-16 shot down in ukraine with the anti-aircraft missiles the s-300s
[01:20:58.880 --> 01:21:05.040]  in an interview they said the u.s supplied aircraft was the most interesting target they said
[01:21:05.840 --> 01:21:11.040]  their missile battery fired two missiles at the f-16 the first one damaged the aircraft the second
[01:21:11.040 --> 01:21:16.480]  one delivered the final blow they said this is a guy who was a commander being interviewed on
[01:21:16.480 --> 01:21:22.640]  russian tv he said we were tracking it anticipating it the enemy boasted these planes were indestructible
[01:21:23.280 --> 01:21:28.800]  as it turns out they fall from the sky just like the rest of them and that's the key issue that
[01:21:28.800 --> 01:21:35.120]  that was seems to me that was an issue we were on the right side of this in world war ii in world
[01:21:35.120 --> 01:21:41.520]  war ii we had the germans who had extremely complex and advanced planes they had jet planes
[01:21:41.520 --> 01:21:46.640]  and things like that but they didn't have very many of them and they had very advanced panzer
[01:21:46.720 --> 01:21:52.720]  tanks but they didn't have nearly as many of them as are much simpler cheaper sherman tanks
[01:21:53.760 --> 01:22:01.040]  and that type of imbalance is even more accentuated now with drone warfare and things
[01:22:01.040 --> 01:22:08.400]  like that so it's amazing to me to see how the u.s military industrial complex is writing checks
[01:22:08.400 --> 01:22:14.320]  that it can't cash in so many different areas but when we talk about high tech stuff it's not even
[01:22:14.320 --> 01:22:19.760]  like we have a monopoly on high tech stuff anymore we don't have hypersonic missiles
[01:22:20.720 --> 01:22:25.440]  they are building ships that are they say are going to be launching pads for hypersonic
[01:22:25.440 --> 01:22:30.560]  missiles and things like that that we don't have so we don't have the ships and we don't have the
[01:22:30.560 --> 01:22:35.680]  missiles yet but yeah just just wait and if we don't have a war and have the military destroyed
[01:22:36.240 --> 01:22:41.120]  those will come along in due time meanwhile the russians and the chinese do have hypersonic
[01:22:41.120 --> 01:22:50.320]  missiles they have the irishnik missile they just destroyed a ukrainian facility that builds
[01:22:51.520 --> 01:23:00.560]  planes in the ukraine they were actually building old planes mig-29 jets as well as some western
[01:23:00.560 --> 01:23:06.640]  supplied f-16s are being worked on at the facility the irishnik hypersonic ballistic missile system
[01:23:07.200 --> 01:23:12.480]  uh blew up the plant and produced long and medium range strike drones that are being used
[01:23:12.480 --> 01:23:18.080]  for strikes against russian targets deep inside the territory of russia and so the strike hit
[01:23:18.080 --> 01:23:23.440]  production workshops facilities holding finished drones and the infrastructure at the plant's
[01:23:23.440 --> 01:23:28.560]  airfield kev has not commented on the scope of the damage yet but the mayor confirmed at the time
[01:23:29.200 --> 01:23:37.440]  that a piece of critical infrastructure had been hit and so again the the wars that we're starting
[01:23:37.440 --> 01:23:44.240]  here are very and it's not just that it's also the precedent of this kidnapping as i pointed out
[01:23:44.880 --> 01:23:52.000]  last week you got people in russia like alexander dugan a hardcore you know let's go take all of
[01:23:52.080 --> 01:23:59.120]  ukraine type of thing and um when he saw his comments about the kidnapping in maduro we should
[01:23:59.120 --> 01:24:04.640]  be doing that to zelensky and within a couple of days you see the uk defense minister say
[01:24:05.280 --> 01:24:11.600]  we need to go kidnap putin trump's policies are not making us safer you know when you hear all
[01:24:11.600 --> 01:24:17.040]  this stuff about national security it doesn't have anything to do with national safety these
[01:24:17.040 --> 01:24:22.800]  national security interests these people who start the wars like the cia like the pentagon
[01:24:23.440 --> 01:24:29.520]  they're not doing things that make us safer far from it trump's policies and his precedents are
[01:24:29.520 --> 01:24:34.880]  making the world a much more dangerous place now everybody's saying yeah they did that we
[01:24:34.880 --> 01:24:41.040]  could do that too at least try it so uh moscow said the friday bombardment was with a hyper
[01:24:41.120 --> 01:24:48.400]  with the arrest nick hypersonic missile um was a response to the attacks against
[01:24:48.400 --> 01:24:54.960]  putin's home uh in the nov garage region which the cia is saying didn't happen
[01:24:56.240 --> 01:25:02.880]  i don't know i mean when you got uh putin versus the cia i don't know who to believe anymore
[01:25:03.920 --> 01:25:09.360]  an old ktb guy and you got uh the current leadership of the cia i don't trust either one
[01:25:09.360 --> 01:25:15.760]  of them i wouldn't believe anything either one of them says so um anyway russia first used the
[01:25:15.760 --> 01:25:21.280]  irish and the hypersonic missile in late 2024 targeting a ukrainian defense industry facility
[01:25:21.280 --> 01:25:27.840]  at dnieper at the time putin said irish nick missiles traveled 10 times the speed of sound
[01:25:27.840 --> 01:25:34.640]  and could not be intercepted by any existing air defenses and they actually showed that
[01:25:35.440 --> 01:25:41.600]  so that takes us to iran you know trump is already getting briefings on military strike options for
[01:25:41.600 --> 01:25:50.240]  iran as the protest deaths soar and i look at this and i think so is this guy going to snatch
[01:25:50.240 --> 01:25:55.040]  defeat how the jaws of victory why would you interfere with this it only strengthens the
[01:25:55.040 --> 01:25:59.840]  hands of the ayatollahs for you to say that we're going to jump in on this and it has been
[01:26:00.480 --> 01:26:07.200]  very significant pushback this there of course the question is is that really domestic unrest
[01:26:07.200 --> 01:26:12.560]  or is it something that is being pushed by the u.s and israel and i'm sure that they had some
[01:26:12.560 --> 01:26:17.200]  of a hand in that as well the new york times and others are confirming that trump has recently
[01:26:17.200 --> 01:26:23.200]  been briefed on a series of new military strike options targeting iran buildings and even mosques
[01:26:23.200 --> 01:26:28.880]  have been burned regardless of who is doing this i mean if this is uh organic and grassroots or if
[01:26:28.880 --> 01:26:35.040]  it is some kind of an operation by the u.s and israel this is still happening there a lot of
[01:26:35.040 --> 01:26:42.480]  buildings torched cars torched police officials reportedly shot and stabbed and internet blackout
[01:26:42.480 --> 01:26:49.600]  across the country they've just completely shut down the entire internet there and so it's very
[01:26:49.600 --> 01:26:55.440]  hard to get any information out of there that is reliable it's not reliable under normal circumstances
[01:26:56.080 --> 01:27:01.920]  starlink terminals are said to be smuggled into the country during the 20 22 wave of protests
[01:27:02.560 --> 01:27:08.080]  trump during friday's meeting of oil executives again warned iranian leadership to kill protesters
[01:27:08.080 --> 01:27:14.960]  not to kill protesters i should say um maybe he should tell that to ice yeah don't don't kill
[01:27:14.960 --> 01:27:18.800]  protesters as a matter of fact while i'm talking about that i don't have a i'm not going to spend
[01:27:18.800 --> 01:27:22.880]  a lot of time on it today because i spent the last two or three days on it gets me really upset
[01:27:22.880 --> 01:27:28.560]  to go to social media i told karen this morning i said you know when i look at the hatred coming
[01:27:28.560 --> 01:27:35.120]  out of conservatives for people and and people writing comments on rumble saying you know well
[01:27:35.120 --> 01:27:39.920]  i think she should be killed you know basically because she's got a wife or whatever and um
[01:27:39.920 --> 01:27:45.440]  just the pure hatred the tribal hatred that is there is really astounding you know we look at it
[01:27:46.400 --> 01:27:55.200]  christ said uh if you um uh you've heard that shall not kill but if you look at somebody with
[01:27:55.200 --> 01:27:59.280]  hatred in your heart you've committed murder in your heart already well these people out there
[01:27:59.280 --> 01:28:07.200]  saying i voted for this kill them you know i mean this this is way beyond a private death wish that
[01:28:07.200 --> 01:28:11.360]  you got for somebody that is out there i mean they're publicly calling for this and the sad
[01:28:11.440 --> 01:28:17.920]  thing about it is not only shows the moral condition of america but it shows how willing
[01:28:17.920 --> 01:28:25.680]  and anxious both the left and the right are in terms of wanting to kill people you know the
[01:28:25.680 --> 01:28:33.360]  the conservatives in terms of their rabid defense of this murder are looking just exactly like
[01:28:33.360 --> 01:28:39.760]  antifa out there this is what a sheriff out of michigan had to say about the shooting what would
[01:28:39.760 --> 01:28:45.920]  you and obviously this is 2020 hindsight but how do you think you would have handled that situation
[01:28:46.720 --> 01:28:52.800]  with renee good her car blocking uh the street what what do you think should have been done
[01:28:54.400 --> 01:28:59.040]  well if i was there and again you're right it's hindsight but i want to stood in front of the car
[01:28:59.040 --> 01:29:04.560]  and you give verbal commands if the car is turning away my question is what crime was committed
[01:29:04.560 --> 01:29:09.760]  protesting i mean you saw what happened in the george floyd protest during the 2020 and out of
[01:29:09.760 --> 01:29:14.720]  hennepin county minneapolis minnesota we had 40 protests that summer here we didn't arrest people
[01:29:14.720 --> 01:29:18.960]  that were black in the street we didn't arrest people who were just completely upset this is
[01:29:18.960 --> 01:29:23.600]  part of the process is what law enforcement deals with so i would have kept on verbal commands you
[01:29:23.600 --> 01:29:28.400]  can take the uh context of the situation she didn't appear to be a threat although she's
[01:29:28.400 --> 01:29:32.960]  protesting i get it she can amp people up it doesn't matter that's not justification for deadly
[01:29:32.960 --> 01:29:38.800]  force and then the force continuum that all law enforcement is required to follow as escalation
[01:29:38.800 --> 01:29:44.080]  goes up we go up as it goes down we go down instantaneously the burden falls on law enforcement
[01:29:44.080 --> 01:29:48.400]  and i want to tell you for law enforcement out there watching that shooting you can't take pride
[01:29:48.400 --> 01:29:53.440]  in what just happened yes the vehicle can be used as a weapon it wasn't used as a weapon that day
[01:29:53.440 --> 01:29:57.440]  it's it's what the american people saw tires turned to the right she's getting out she's like
[01:29:57.440 --> 01:30:02.080]  i'm not mad at you i'm not mad at you i don't care if she was there all day you take the things that
[01:30:02.080 --> 01:30:07.680]  are in context at that moment you make a decision was that decision to use deadly force the best
[01:30:07.680 --> 01:30:11.200]  decision i don't think the american people think that and i certainly don't think that
[01:30:13.040 --> 01:30:18.800]  yeah and that is sheriff chris swanson out of michigan you know we can have some really good
[01:30:18.800 --> 01:30:23.200]  sheriffs i have to stand for election and there are some really good sheriffs in america
[01:30:23.920 --> 01:30:28.480]  unfortunately there's some really bad law enforcement and when we centralize when you
[01:30:28.480 --> 01:30:34.160]  look at trump criticizing what's going on in iran how is that different than what you want to
[01:30:34.160 --> 01:30:42.400]  do with ice it's unbelievable hypocrisy for him to complain about what's happening in iran when
[01:30:42.400 --> 01:30:48.640]  you look at what he is doing and deliberately provoking deliberately creating chaos i wonder
[01:30:48.640 --> 01:30:57.200]  if the police in iran wear masks do they get all hyped up in military uniforms and armed to the
[01:30:57.200 --> 01:31:01.520]  teeth so they go out and you know point as a matter of fact there's a video i haven't even
[01:31:01.520 --> 01:31:08.880]  shown it but there's another video that has gone viral where you've got a middle-aged woman standing
[01:31:08.880 --> 01:31:14.480]  there and she's you know yelling at the police protesting she is redressing her grievances
[01:31:14.480 --> 01:31:21.520]  publicly peacefully as is specifically protected on the constitution and he's got a pepper ball
[01:31:21.520 --> 01:31:26.320]  rifle in his hand he puts that down he pulls out a real pistol and puts it right in her face
[01:31:27.600 --> 01:31:33.760]  this is why you know when i did the thing about about trump burning the constitution
[01:31:34.560 --> 01:31:43.200]  an apocalypse now you know all that stuff i had that same thing done by a robot cop
[01:31:44.640 --> 01:31:51.520]  and these guys have been trained as robots dangerous robots to do something like that
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[01:32:51.040 --> 01:32:57.520]  responsibly so more than 544 people have been killed over the past 15 days during anti-government
[01:32:57.520 --> 01:33:02.800]  demonstrations so the scale of this is much bigger than anything that's going on with ice or these
[01:33:02.800 --> 01:33:11.600]  leftist pro-immigration people however uh it's not the scale that concerns me it's the same
[01:33:11.600 --> 01:33:16.960]  principle that you're looking at here including eight children according to the human rights
[01:33:16.960 --> 01:33:24.720]  activist news agency they said um iran is looking at freedom perhaps like never before said trump
[01:33:25.280 --> 01:33:30.080]  and the usa stands ready to help and we're locked and loaded and we're ready to go kill more people
[01:33:30.080 --> 01:33:36.400]  for you so yeah just stay out of it for once every time you get into something you make it worse
[01:33:37.040 --> 01:33:42.160]  if trump would actually kick off yet more u.s military action the middle east this time against
[01:33:42.160 --> 01:33:48.560]  a large nation like iran which would hold the serious potential for escalating into a full
[01:33:48.560 --> 01:33:54.560]  blown conflict it would likely prove deeply unpopular among his base broadly the american
[01:33:54.560 --> 01:34:00.160]  public would likely not be on board either well i don't know so much i think we've gotten to the
[01:34:00.160 --> 01:34:09.200]  point now where the the delusion of maga is so strong the ability to double think is so strong
[01:34:10.000 --> 01:34:16.640]  they may hate this policy they may hate american adventurism abroad they may hate the idea of the
[01:34:16.640 --> 01:34:23.120]  of america being the world's policeman and a an excessive use of force policemen at that
[01:34:23.680 --> 01:34:28.640]  but they will still give excuses to trump just like they did for the vaccine that they hate
[01:34:29.280 --> 01:34:34.720]  even iranian state tv is reporting from the morgue they said where a large number of body
[01:34:34.720 --> 01:34:43.200]  bags can be seen goldman sachs said that this u.s intervention in and of itself would have an impact
[01:34:43.200 --> 01:34:49.360]  on oil gold and across the markets yeah what do you think is going to be yet another thing that's
[01:34:49.360 --> 01:34:58.240]  going to affect the price of gold in a positive way iran unlike the 22 the 2022 protests there
[01:34:58.320 --> 01:35:04.080]  around social liberties this episode looks to be triggered by economic paralysis with inflation
[01:35:04.080 --> 01:35:12.880]  spiking and the sudden collapse of the iranian currency in late december this is a harbinger of
[01:35:12.880 --> 01:35:20.480]  things to come to not just to iran and not just to some third world countries but it's something's
[01:35:20.480 --> 01:35:26.720]  going to happen in western europe and in the united states as well and i think this is why
[01:35:26.720 --> 01:35:32.000]  they're being so provocative i think this is why they're ramping up the federal army of cops
[01:35:32.880 --> 01:35:38.000]  because they know that this type of unrest could easily come to this country as well
[01:35:38.880 --> 01:35:44.400]  what can potentially add oil to the fire is if foreign interference continues to get talked up
[01:35:45.040 --> 01:35:51.440]  with the u.s signaling the threat of potential intervention oil and gold crept up as the iranian
[01:35:51.440 --> 01:35:57.520]  unrest unfold and iranian businesses have in many cases been forced to suspend all activity
[01:35:58.160 --> 01:36:04.160]  because the shutdown of the internet said to be so severe that even the banking system is not
[01:36:04.160 --> 01:36:11.920]  operating and you can't even get money out of atms again a harbinger of what could easily happen
[01:36:12.480 --> 01:36:17.040]  in america and western europe nobody is immune to that especially right now
[01:36:17.760 --> 01:36:23.520]  we are in a very very precarious situation globally with all the countries leadership
[01:36:23.520 --> 01:36:29.520]  in toronto may have made things worse for itself with the decision to block internet access
[01:36:30.560 --> 01:36:36.240]  clashes with police have grown more intense and violent after they've done that iranian foreign
[01:36:36.240 --> 01:36:44.800]  minister said the protester brought under control on saturday and then blamed israel and the united
[01:36:44.800 --> 01:36:50.560]  states and again i believe that there is probably some truth to that as a matter of fact brian
[01:36:50.560 --> 01:37:01.200]  shulhavi has a very long report about the history of the shah's family mohammed reza pavlavi was the
[01:37:01.200 --> 01:37:07.120]  guy that was installed by the cia and that was pushed out and of course his son is still around
[01:37:07.120 --> 01:37:13.600]  looks a good bit like him actually is now trying to make his bid to be shah of iran again to take
[01:37:13.600 --> 01:37:22.800]  over iran and now he has had some support from the netanyahu government of course the americans
[01:37:22.800 --> 01:37:29.200]  who basically put the shah in completely ignored him as you know after the shah died he declared
[01:37:29.200 --> 01:37:36.000]  himself to be king or shah whatever the official title is of iran and not even the us government
[01:37:36.000 --> 01:37:42.880]  recognized him but now you have a big move by israel to recognize him and so cia and
[01:37:42.880 --> 01:37:48.960]  massad may wind up trying to put a shah back in control of iran we'll have to wait and see
[01:37:48.960 --> 01:37:57.120]  what really happens with that but again this is many people don't understand the history of iran
[01:37:57.120 --> 01:38:04.400]  prior to the takeover of the u.s embassy and if you see what the shah did to people as trained
[01:38:04.400 --> 01:38:10.640]  by the u.s cia that is a real eye-opening experience to see that our own government
[01:38:10.640 --> 01:38:14.880]  pushes the kinds of things that the iranian shah did to his own people
[01:38:15.520 --> 01:38:22.400]  and so they have distanced themselves from him in the past but now it seems like all is forgiven
[01:38:23.120 --> 01:38:27.520]  and who knows maybe it's going to be another attempt by the u.s government to try to shore
[01:38:27.520 --> 01:38:32.960]  up the petrodollar look that would be perfectly in line with what the technocracy wants you know
[01:38:32.960 --> 01:38:39.600]  technocracy back in the 1930s not only talked about having a united hemisphere from greenland
[01:38:39.600 --> 01:38:46.320]  down to the galapagos as i pointed out but they also said we need to get rid of money and you've
[01:38:46.320 --> 01:38:56.640]  seen elon musk talk about this as well we need to basically have a an exchange an economy that is
[01:38:56.640 --> 01:39:04.880]  based on energy used and this feeds into all of this social credit monitoring of people and how
[01:39:04.880 --> 01:39:09.040]  much energy energy you use and how much you consume and all the rest of this stuff
[01:39:09.680 --> 01:39:15.360]  and so it's kind of interesting to see even if you kind of think of it as a venn diagram
[01:39:15.360 --> 01:39:20.400]  to see the overlap between the green people out there of course elon musk made all his money
[01:39:20.400 --> 01:39:26.480]  as a green grifter and so it's kind of interesting to see the overlap of these draconian
[01:39:27.280 --> 01:39:33.920]  measures these green macguffins that they want to use to sell complete surveillance and control
[01:39:33.920 --> 01:39:40.160]  of all of our economic activity what we eat what we wear whether we travel or not where we live
[01:39:40.160 --> 01:39:47.680]  all this that all harkens back to the technocracy and you can see a lot of these these policies
[01:39:48.480 --> 01:39:54.880]  being brought back with that denmark meanwhile as we get to get to greenland i guess we'll let it
[01:39:54.880 --> 01:40:03.600]  be sung in here by donnie jr and charlie so well we now have congressman randy fine of florida
[01:40:04.320 --> 01:40:10.960]  the guy who has decided that along with the israeli billionaire schlomo that we need to
[01:40:10.960 --> 01:40:15.840]  get rid of the first amendment we should not have any free speech and he was one who was
[01:40:15.840 --> 01:40:24.560]  pushing very hard for desantis to go to israel and to sign a bill for florida in israel to make it
[01:40:24.560 --> 01:40:30.160]  criminal to criticize the israeli government now he's saying that denmark hasn't treated them well
[01:40:30.960 --> 01:40:33.200]  well i don't think you're treating americans too well randy
[01:40:34.080 --> 01:40:42.080]  he writes a plan to make greenland the 51st state and he is sucking up to and supporting trump
[01:40:42.800 --> 01:40:50.240]  in this quixotic quest which is again when you look at it i don't know how this makes
[01:40:50.240 --> 01:40:56.880]  any sense at all except that it is part of the goal of the technocracy to create
[01:40:56.880 --> 01:41:02.960]  what they called a tech nate everything from in the western hemisphere
[01:41:04.320 --> 01:41:08.480]  there have been some extreme ideas discussed including a military takeover
[01:41:09.120 --> 01:41:11.920]  also cash payments to residents yeah we don't have to worry about
[01:41:12.720 --> 01:41:18.480]  the federal deficit do we give a hundred thousand dollars to each person in greenland to say that
[01:41:18.480 --> 01:41:24.560]  they want to be american tax slaves in the future always the government hands it out with one hand
[01:41:24.560 --> 01:41:27.440]  and takes it back with the other so yeah we're going to give you a hundred thousand dollars and
[01:41:27.440 --> 01:41:33.040]  then you're going to start paying income taxes and we'll take it back in no time at all so again
[01:41:33.040 --> 01:41:39.680]  i'm going to use bribery going to use threats going to use blackmail this is our government
[01:41:40.240 --> 01:41:46.880]  it's always the way they operate and so it's randy fine of florida wants to make a greenland
[01:41:46.880 --> 01:41:52.800]  america's 51st state i think it is in the world's interest for the u.s to exert sovereignty over
[01:41:52.800 --> 01:42:00.640]  greenland said fine well it is certainly and finds interest to copy everything that donald
[01:42:00.640 --> 01:42:06.400]  trump says the question is is it in greenland's interest because that's who it's going to be
[01:42:06.400 --> 01:42:13.280]  impacting no we don't care about that i mean you know when you when you look at when you look at
[01:42:13.280 --> 01:42:19.760]  our country here we don't really care what anybody else wants i mean we have a pirate company country
[01:42:19.760 --> 01:42:26.160]  here you know we just um it's fine i'm taking it because i can congress he said we still have to
[01:42:26.160 --> 01:42:30.960]  make it a state but simply authorize the president to do what he's doing and say that congress stands
[01:42:30.960 --> 01:42:37.920]  behind him so he is introducing legislation to support trump and all this and secretary marco
[01:42:37.920 --> 01:42:42.960]  rubio confirmed that he has now scheduled a meeting people from denmark and greenland
[01:42:43.520 --> 01:42:49.200]  have been begging for a meeting from marco rubio since trump started talking about greenland about
[01:42:49.200 --> 01:42:55.440]  a year ago said can we talk and he's finally ready to talk apparently under them and so
[01:42:57.040 --> 01:43:00.640]  again congress on the constitution has the power to add states to the union
[01:43:01.600 --> 01:43:08.720]  but again is this in our interest is it in greenland's interest well when we look at what
[01:43:08.720 --> 01:43:16.880]  is happening in venezuela and this is something that is again backfiring it's very much like
[01:43:17.520 --> 01:43:22.480]  looking at this whole thing unfold that hasn't been that long since the kidnapping of maduro
[01:43:23.200 --> 01:43:27.760]  and there have been contradictory statements and lies coming from the trump administration about
[01:43:27.760 --> 01:43:33.440]  every aspect of this beginning with saying we're blowing up these boats because they've got fentanyl
[01:43:33.440 --> 01:43:37.360]  on them and then they ignore that and then they say well it's cocaine and it's coming to the
[01:43:37.360 --> 01:43:41.200]  united states but it wasn't coming to the united states and then saying they were being attacked
[01:43:41.200 --> 01:43:46.640]  by these people they were never attacked by any of these boats and so every aspect of this
[01:43:46.640 --> 01:43:53.440]  has been one lie after the other and to say that basically we have done a decapitation strike well
[01:43:53.440 --> 01:43:59.120]  that means that the guy then was the head of the government right except they're not going to
[01:43:59.120 --> 01:44:03.760]  acknowledge him as as head they're going to pretend that he was a drug dealer and not the
[01:44:03.760 --> 01:44:09.600]  president of venezuela why not the president of venezuela well because the election was rigged
[01:44:09.600 --> 01:44:15.280]  and we know the person who really won the election was either machado who was kicked off the ballot
[01:44:15.280 --> 01:44:19.920]  because it looked like she was going to win or gonzalez but trump is not going to put either one
[01:44:19.920 --> 01:44:25.120]  of them back in power he's going to run the country himself or give it to marco rubio to be viceroy
[01:44:26.480 --> 01:44:32.400]  none of this holds up to any scrutiny it's completely inconsistent and so the question
[01:44:32.400 --> 01:44:40.480]  is is this over oil well he had all the oil executives with him on friday and the exxon
[01:44:40.480 --> 01:44:48.480]  executive publicly said that this is doesn't make any economic sense for them to get involved
[01:44:48.480 --> 01:44:55.840]  and that they can't really that it is uninvestable because the chaos in venezuela
[01:44:56.640 --> 01:45:03.600]  so that was the exxon ceo darren woods well trump is going to exclude him out of any of this stuff
[01:45:03.600 --> 01:45:08.640]  he's gonna he's gonna throw massive amounts of money just like he wants to bribe people in
[01:45:08.640 --> 01:45:13.760]  greenland to vote to become american he wants to send massive and we're talking about a lot more
[01:45:13.760 --> 01:45:19.120]  than hundred thousand dollars each we're talking about probably tens of billions of dollars to
[01:45:19.120 --> 01:45:26.960]  each of these companies to go in and build infrastructure in venezuela and yet the when
[01:45:26.960 --> 01:45:35.280]  the exxon ceo tells the truth about it trump says well i didn't like exxon's response he said i'll
[01:45:35.280 --> 01:45:42.240]  probably be inclined to keep exxon out i didn't like their response they're playing too cute
[01:45:42.960 --> 01:45:49.760]  says trump so again if you flatter him you do whatever he wants then you're going to get
[01:45:49.760 --> 01:45:56.560]  massive subsidies from him but if you cross him he's going to do everything he can to destroy you
[01:45:56.560 --> 01:46:01.840]  trump has argued that venezuela's vast oil reserves could help revive its economy while
[01:46:01.840 --> 01:46:08.000]  also benefiting u.s consumers and energy companies in a recent interview he said he wants companies
[01:46:08.000 --> 01:46:14.000]  to commit at least a hundred billion dollars to quote rebuild the whole oil infrastructure in the
[01:46:14.000 --> 01:46:19.600]  country but they say well you know we just can't count on the u.s remaining there and the political
[01:46:19.600 --> 01:46:24.720]  situation is in flux we don't know that you're going to be able to stay there even if you have
[01:46:24.720 --> 01:46:30.240]  a commitment you know the person who replaces trump may not have a commitment to this and even
[01:46:30.240 --> 01:46:34.960]  if they do have a commitment they may not be able to make it happen you know just because we wanted
[01:46:34.960 --> 01:46:43.120]  to control afghanistan we still got thrown out of there and so yet again we see these policies that
[01:46:43.120 --> 01:46:48.320]  are constantly shifting the narratives where he draws a line in the sand and then he changes it
[01:46:48.320 --> 01:46:57.440]  again we were told that taking the oil in venezuela was to go after cuba that we needed to starve cuba
[01:46:57.440 --> 01:47:04.800]  into submission their economy by cutting off oil from venezuela so now trump is going to allow
[01:47:04.800 --> 01:47:12.080]  mexico to provide oil to cuba despite his vow to cut off the supply this is very much like what we
[01:47:12.080 --> 01:47:19.040]  saw with the ai chips from nvidia no you you can't we can't let that high tech go to china not at all
[01:47:20.000 --> 01:47:27.520]  then he talks to some corporations and he talks to jensen wing or whatever and the next thing you
[01:47:27.520 --> 01:47:32.080]  know he's going to say well okay you can sell the chips to china but you give a cut to me
[01:47:34.000 --> 01:47:40.160]  there is no it's just like what scott vessel was saying about stopping invest institutional
[01:47:40.160 --> 01:47:46.080]  investment in single-family homes we haven't really figured out the contours of this in other words
[01:47:46.080 --> 01:47:50.960]  we don't know the details are and they don't know what the details are on any of this stuff
[01:47:50.960 --> 01:47:57.600]  but he doesn't it's not just that the tactics are changing but it completely completely contradicts
[01:47:57.600 --> 01:48:03.200]  his own strategy he's done this over and over again with tariffs and he's doing it yet again
[01:48:03.760 --> 01:48:08.880]  we've got some comments here travis yes we do oh the new york times are reporting scott
[01:48:08.880 --> 01:48:15.040]  adams passed away yeah so sorry to hear that yeah especially because of the comments that
[01:48:15.040 --> 01:48:20.080]  he's making just a few weeks ago what's going on texas it's bluff here do you like playing casino
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[01:49:16.320 --> 01:49:25.040]  responsibly um so sorry to hear that his comments about his relationship with christ so sorry to
[01:49:25.040 --> 01:49:34.400]  hear that hopefully he uh hopefully yeah he made that decision in the end yeah we don't know we
[01:49:34.480 --> 01:49:39.200]  never know about anybody do we it's between the person and god and we can't really
[01:49:39.760 --> 01:49:44.960]  know what is happening in somebody's heart yeah we have steve evs he says what if you violate
[01:49:44.960 --> 01:49:50.560]  one of the hundreds of unconstitutional executive orders is it a crime a good point they'll
[01:49:50.560 --> 01:49:55.600]  definitely treat it like one that's for sure oh they can make you suffer you know the fines and
[01:49:55.600 --> 01:50:02.000]  other things like that i mean it's what we saw through covid things like that yes and original
[01:50:02.000 --> 01:50:06.720]  babe says the funny thing is trump quoted that snake poem several times doesn't anyone see he
[01:50:06.720 --> 01:50:12.800]  was telling everyone he is the snake and you let him in i know that's that was my comment i remember
[01:50:12.800 --> 01:50:18.000]  at info wars when he was doing that and uh darren mcgreen was working on a piece and it had that as
[01:50:18.000 --> 01:50:24.320]  part of it i said that's pretty amazing i said it's obvious that he's the snake you know they
[01:50:24.320 --> 01:50:28.640]  didn't see it that way i did see it that way i agree with you yeah
[01:50:29.440 --> 01:50:37.520]  all right we have just as nature yeah go ahead sorry no yeah just its nature will two box says
[01:50:37.520 --> 01:50:43.840]  happy anniversary sir night well thank you very much it has been a happy 46 years i gotta thank
[01:50:43.840 --> 01:50:52.080]  you know it's like the numbers are flying by so fast so time moves quick yes pa patriot 14
[01:50:52.080 --> 01:50:58.000]  i'm assuming that's pennsylvania says 13 interest rate in 1980 is less than a six percent interest
[01:50:58.000 --> 01:51:04.960]  rate today due to the principle of the home itself yeah yeah but um yeah it's amazing to see
[01:51:04.960 --> 01:51:09.360]  what has happened to the average price of a single-family home you know that's the other
[01:51:09.360 --> 01:51:15.200]  part of it as well and and it's not look the cost of homes and just like the cost of cars
[01:51:16.160 --> 01:51:22.640]  is not purely inflation it's inflation plus regulation they have done all kinds of things
[01:51:22.640 --> 01:51:27.840]  to drive up the price of homes just like they have for cars and so so much of the
[01:51:27.840 --> 01:51:35.680]  affordability issue is tied to inflation but it's also tied to oppressive government regulations
[01:51:35.680 --> 01:51:40.480]  i mean you know you got your one and a half gallon toilets in there i don't know that that cost
[01:51:40.480 --> 01:51:45.520]  any more now than it did before but they micromanage everything they micromanage the design of light
[01:51:45.520 --> 01:51:51.360]  bulbs of toilets of gas cans everything is micromanaged and that of course raises the
[01:51:51.360 --> 01:51:55.840]  price of things as well but and many of these things have no reason to be the way they are
[01:51:56.880 --> 01:52:04.000]  yeah yeah and we have high boost saying i pay property tax i am in debtors jail yeah that's
[01:52:04.000 --> 01:52:09.600]  a that's circulating around quite a bit um there's a lot of different proposals out there to uh
[01:52:09.600 --> 01:52:14.160]  look at that they know that's a hot spot for people and uh it absolutely is and you can never
[01:52:14.800 --> 01:52:19.040]  get rid of the property tax again every time we talk about property tax i'm reminded of donald
[01:52:19.040 --> 01:52:24.560]  rainwater in indiana a guy who ran as an independent as a libertarian actually he had
[01:52:24.560 --> 01:52:28.880]  a very good approach and it's something that people need to hear it's something people need to
[01:52:30.320 --> 01:52:35.120]  you know give to their state representatives to think about his approach that he suggested when
[01:52:35.120 --> 01:52:39.360]  he's running for governor in indiana he said let's let's say that's going to be seven percent
[01:52:39.360 --> 01:52:46.240]  something like that and uh make it like a sales tax and so you pay it once when you buy the house
[01:52:46.240 --> 01:52:51.040]  and you can fold it into the 30-year mortgage or you can pay like one percent a year for seven
[01:52:51.040 --> 01:52:56.640]  years and you're done and no more taxes and you freeze it that way because it's a real issue for
[01:52:56.640 --> 01:53:01.040]  all of us as we get to retirement you know how you know maybe you start to get your mortgage
[01:53:01.040 --> 01:53:05.680]  paid off after 30 years but you still can't get rid of the sales taxes something people really
[01:53:05.680 --> 01:53:11.520]  need to take a look at i think it is a a real injustice the way this thing is set up and it
[01:53:11.520 --> 01:53:16.240]  needs to be changed yeah we have general mcguffin says the minds are captured and public
[01:53:16.240 --> 01:53:21.920]  consciousness is fabricated in the public government schools it's a well-oiled machine
[01:53:21.920 --> 01:53:28.240]  yeah that's right that's where it begins as a matter of fact the un is on a crusade to shut
[01:53:28.240 --> 01:53:33.280]  down homeschooling course everywhere but especially now in the uk i was actually surprised that it was
[01:53:33.280 --> 01:53:39.120]  allowed in the uk because uk has gotten to be very controlling very authoritarian i was surprised to
[01:53:39.120 --> 01:53:44.080]  see that homeschooling is even allowed there but the un has got its own designs on that and we'll
[01:53:44.080 --> 01:53:49.760]  talk about that when we come back after the break because i want to talk about one thing that trump
[01:53:49.760 --> 01:53:55.360]  did that i think is really good he's getting us out of a lot of these international organizations
[01:53:55.360 --> 01:54:01.760]  and unesco was one of those and these people have been pushing the un convention on the rights of
[01:54:01.760 --> 01:54:08.240]  the child for quite some time i've played the videos i did see when was that was that like 2006
[01:54:08.240 --> 01:54:14.080]  2007 or something it's been almost 20 years now it's in that time frame yeah and there's an
[01:54:14.080 --> 01:54:20.160]  organization that michael ferris who did homeschool legal defense association also had the parental
[01:54:20.160 --> 01:54:25.280]  rights dot org where they were trying to get a short just a couple of sentences there in the
[01:54:25.280 --> 01:54:33.040]  constitution to firm up the right of parents to educate their own children that is just basic and
[01:54:33.120 --> 01:54:38.960]  yet it is despised by the un because they understand how vital it is for them to control
[01:54:38.960 --> 01:54:45.440]  children's minds from an early age yeah and finally we have wally walrus he says they have
[01:54:45.440 --> 01:54:51.520]  essentially locked people like me out of the housing market david i'm sorry yeah that is it
[01:54:51.520 --> 01:54:57.040]  is it is difficult and we've seen this i remember seeing this in the uk they were talking about how
[01:54:57.040 --> 01:55:02.720]  people who didn't get in a few years ago now with all the rapid increase in prices as well
[01:55:02.720 --> 01:55:06.800]  as interest rates it is very difficult to break in the housing market if you're not already in it
[01:55:07.440 --> 01:55:12.400]  and again you know the kinds of things that trump is talking about are not going to help
[01:55:12.400 --> 01:55:15.680]  they really aren't they're going to ignore the fundamental problems that have made it
[01:55:15.680 --> 01:55:21.680]  unaffordable for people and so i really i'm sorry that you're in that situation we're going to take
[01:55:21.680 --> 01:55:24.960]  a quick break folks when we come back we are going to talk about some of these organizations that
[01:55:24.960 --> 01:55:43.200]  hopefully we will really get out of we'll be right back let's uh grab some music here
[01:55:55.120 --> 01:56:05.200]  so
[01:56:05.200 --> 01:56:11.440]  so
[01:56:22.720 --> 01:56:28.800]  you're listening to the david night show well when we talk about central planting of the economy
[01:56:28.800 --> 01:56:34.320]  nothing says that the folly of it better than what we've seen with all the green grifting that is
[01:56:34.320 --> 01:56:41.360]  out there here's another example you know we just had ford take a 19 billion dollar write down i
[01:56:41.360 --> 01:56:48.960]  mean they could have had a couple of reserve buildings for that 19 billion dollars uh off of
[01:56:48.960 --> 01:56:55.040]  their electric stuff that they're doing uh they had investments in electric vehicles as well as
[01:56:55.680 --> 01:57:01.920]  battery facilities unfortunately uh ford is now going to be repurposing this battery facility
[01:57:02.880 --> 01:57:08.480]  into one of these facilities that makes the really really big and dangerous lithium batteries the
[01:57:08.960 --> 01:57:16.320]  the ones they call the battery energy storage systems right best and um best is the worst way
[01:57:16.320 --> 01:57:21.840]  to go forward with all this stuff when you think about all of the issues of electric um battery
[01:57:21.840 --> 01:57:28.320]  fires that we've had um when you look at that and you scale this up to something's big enough to
[01:57:28.720 --> 01:57:35.040]  back up the grid that is just a disaster waiting to happen so i hate to see that happening but
[01:57:35.040 --> 01:57:41.520]  gm has now taken a six billion dollar charge just a couple of weeks after ford took a 19 billion
[01:57:41.520 --> 01:57:47.600]  dollar charge because they were following the government's push not what the consumer wanted
[01:57:48.560 --> 01:57:53.920]  and eventually reality catches up to people sorry just briefly but when we're talking about the best
[01:57:54.560 --> 01:57:59.760]  they're trying to put them in places you know small towns around america yeah so they'll give
[01:57:59.760 --> 01:58:04.000]  you some kind of credit for it they'll probably give you like oh look this will benefit the
[01:58:04.000 --> 01:58:08.320]  community we're going to give you a handout are they going to be there when this thing eventually
[01:58:08.320 --> 01:58:15.040]  catches fire and dumps chemicals all into your environment yeah remember you're probably going
[01:58:15.040 --> 01:58:19.760]  to pay for that out of pocket that's right we've had these things typically put in remote areas
[01:58:19.760 --> 01:58:23.600]  or something but now they're talking to the tva around here the tennessee valley authority wants
[01:58:23.600 --> 01:58:29.360]  to put them in areas that are heavily wooded um have a large population of houses nearby it's a
[01:58:29.360 --> 01:58:33.200]  disaster waiting to happen and you know it's one of the other things we're talking about gold and
[01:58:33.200 --> 01:58:38.160]  silver the industrial uses of silver people have mentioned that many of just in case you're not
[01:58:38.160 --> 01:58:44.240]  aware of it you know the samsung battery that is there it sells at a premium because for a car it's
[01:58:44.240 --> 01:58:50.080]  got a couple of pounds of silver in it and this particular battery but their battery is solid state
[01:58:50.720 --> 01:58:56.000]  and apparently doesn't have the from what i've heard anyway that of course that could be pr from
[01:58:56.000 --> 01:59:02.800]  the company but it appears to be a way to get around this volatility that we see in these lithium
[01:59:02.800 --> 01:59:08.000]  batteries that have some kind of liquid lithium in them i'm not really i don't know anything about
[01:59:08.000 --> 01:59:13.760]  the batteries at all but what they're saying is that they charge much much much faster than any of
[01:59:13.760 --> 01:59:18.400]  these other batteries and i'm talking about orders of magnitude faster that they don't have the fire
[01:59:18.400 --> 01:59:24.640]  issue and that they have a battery life that is well they have longer range they have a shorter
[01:59:24.640 --> 01:59:29.920]  charging time and then um you know doesn't have the fire hazard that the lithium batteries do
[01:59:29.920 --> 01:59:35.760]  and it has a life that they claim is twice as long as the lithium batteries all of that is good
[01:59:36.320 --> 01:59:42.880]  except um and of course all of that is going to really be a squeeze on the price of silver
[01:59:42.880 --> 01:59:50.560]  so another interesting thing to think about here meanwhile as gm is pulling back from this folly
[01:59:51.280 --> 01:59:55.600]  they announced that they're following ford's much larger move in december that when they wrote down
[01:59:55.600 --> 02:00:02.080]  nearly 20 billion and it's 19 and a half billion canceling several different ev programs and
[02:00:02.080 --> 02:00:09.600]  remember that um all this when gm and ford go bankrupt remember the german companies are
[02:00:09.600 --> 02:00:14.320]  already seeing the handwriting on the wall because they all jumped into the electric vehicle they
[02:00:14.320 --> 02:00:20.960]  were pushed into it and it's always the case with central planning you get some of the people like
[02:00:20.960 --> 02:00:25.680]  elon musk who are in there from the beginning and they're making out like bandits because they're
[02:00:25.680 --> 02:00:33.680]  pushing this idiotic program that's there of course gm's got a ceo mary barra who has not
[02:00:33.680 --> 02:00:39.280]  been serving them well they decided they were going to focus primarily on fully electric vehicles
[02:00:39.840 --> 02:00:45.840]  not even with hybrids and hybrids are selling but the full ev vehicles are not selling at all
[02:00:46.400 --> 02:00:53.120]  and a big part of this is the fact that the government ended the 7500 federal ev tax credit
[02:00:53.120 --> 02:00:59.200]  again consumers knew this didn't make any sense unless it was heavily subsidized by taxpayers
[02:00:59.840 --> 02:01:06.800]  and so now they ended the subsidy and so now that is a a real drain for these companies
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[02:02:04.800 --> 02:02:11.040]  must be 18 or older play responsibly trump has withdrawn the u.s now from 66 international
[02:02:11.040 --> 02:02:17.520]  organizations and i agree with this i think this is a good thing if we can only withdraw from the
[02:02:17.520 --> 02:02:22.320]  federal government that'd be even better on wednesday last week he said we're withdrawing
[02:02:22.320 --> 02:02:25.840]  the united states from international organizations conventions and treaties
[02:02:26.400 --> 02:02:31.840]  that are contrary to the interests of the united states so what does this actually include the
[02:02:31.840 --> 02:02:38.320]  affected international organizations are 31 entities affiliated with the un unfortunately
[02:02:38.880 --> 02:02:46.880]  we're not getting out of the un itself and um and trump will still attend davos as well as a
[02:02:46.880 --> 02:02:51.920]  matter of fact he's going to be there and slensky is going to be there um and it's like the next
[02:02:51.920 --> 02:02:58.640]  week or so it's always in january and so davos is coming up i don't really believe for all these
[02:02:58.640 --> 02:03:04.080]  reasons we're going to stay in the un we're going to and he keeps going to davos i don't buy the
[02:03:04.080 --> 02:03:09.520]  idea that he's an anti-globalist frankly he certainly is not anti-technocracy and there's
[02:03:09.520 --> 02:03:15.200]  a lot of overlap between those agendas there and look at the last time he was at davos
[02:03:15.920 --> 02:03:24.000]  uh right after he comes back you know we get the declaration from his hhs pharmaceutical executive
[02:03:24.000 --> 02:03:28.960]  that he put in there alex azar declared that we had a pandemic even though they only claimed that
[02:03:28.960 --> 02:03:34.080]  there were six cases in all of the united states he declared a pandemic nevertheless and it kicked
[02:03:34.080 --> 02:03:41.360]  off all that nonsense right after trump came back from davos the memo actually follows up from an
[02:03:41.360 --> 02:03:48.000]  executive order that trump signed february the fourth last year to withdraw the u.s from the un
[02:03:48.000 --> 02:03:57.040]  human rights council and from unesco and from the environmental fraud of the ipcc that was there the
[02:03:57.040 --> 02:04:01.680]  state department announced that the u.s is also withdrawing from unesco and again these are the
[02:04:01.680 --> 02:04:07.120]  people in the un that are pushing the education agenda pushing to attack homeschools and that
[02:04:07.200 --> 02:04:12.720]  type of thing uh the um on trump's first day back in office he signed executive orders withdrawing
[02:04:12.720 --> 02:04:18.800]  the u.s from the world health organization and the paris climate agreement although
[02:04:20.000 --> 02:04:23.680]  took a while for these things to go into effect i've said for the longest time
[02:04:24.400 --> 02:04:27.920]  that the paris climate agreement was not a legitimate treaty i know they've got a
[02:04:27.920 --> 02:04:34.480]  prevarication they want to try to make a case that because of prior treaties were pulled into this
[02:04:34.480 --> 02:04:40.480]  thing i think you could fight that i mean look at how many times trump has gone against the black
[02:04:40.480 --> 02:04:47.360]  letter of the constitution and the law done what he wanted to do and then you know took it to court
[02:04:47.360 --> 02:04:50.880]  sometimes you win sometimes you lose but i think there was a much better case to be made
[02:04:51.840 --> 02:04:58.640]  for getting out of the paris climate accord to say that we were never even in it nevertheless
[02:04:58.640 --> 02:05:06.480]  in july 2025 rubio and um hhs secretary rfk junior announced that the u.s formally rejected
[02:05:06.480 --> 02:05:12.160]  the who's 2024 amendments to the international health regulations ensuring that there would be
[02:05:12.160 --> 02:05:18.480]  no force no effect in the country and again um this is something that we've followed i'm trying
[02:05:18.480 --> 02:05:23.200]  to remember um the guy who has really been the point man on this i've interviewed him a couple
[02:05:23.200 --> 02:05:29.120]  of times his name is escaping me maybe you remember travis but um he has been on this
[02:05:29.760 --> 02:05:37.120]  uh all over the details of this and the devils are in the detail and uh so the um the uh
[02:05:37.760 --> 02:05:44.720]  ihr as well as the pandemic treaty it's very very good that we are not in this thing so that's a
[02:05:44.720 --> 02:05:49.920]  big win right there trump administration actions including pausing funding for the world trade
[02:05:49.920 --> 02:05:57.280]  organization forcing the un's international maritime organization to pause a global tax
[02:05:57.280 --> 02:06:01.200]  on shipping why should we have to pay a global tax to the un why are they going to do with the money
[02:06:02.080 --> 02:06:07.040]  they're going to create a global army what are they going to do uh again first time formally
[02:06:07.040 --> 02:06:14.400]  denouncing the un's 2030 agenda agenda for sustainable development so those are all good
[02:06:14.400 --> 02:06:20.960]  things yes you're right thank you very much apologies to james for forgetting his name i
[02:06:20.960 --> 02:06:29.840]  just uh plead my age that is thanks to cliffy kim in the chat yes thank you yeah james rugusky has
[02:06:29.840 --> 02:06:35.840]  really um investigated this thing he was taking the lead on all this and in the details and so
[02:06:35.840 --> 02:06:40.400]  hopefully um i don't know if his take is that this is for real or not but hopefully it is for real i
[02:06:40.400 --> 02:06:45.120]  mean it's hard to tell when we have any of these pronouncements if they are actually real or what's
[02:06:45.120 --> 02:06:50.560]  going to happen with them but hopefully that is going to be real that we will not be affected by
[02:06:50.560 --> 02:06:58.080]  any of that despite these actions trump has also expressed support for strengthened un for example
[02:06:58.080 --> 02:07:04.400]  an address to the un general assembly september this last september he implied support for more
[02:07:04.480 --> 02:07:10.320]  powerful un systems declaring that the globalist body has such tremendous potential he said
[02:07:11.440 --> 02:07:15.360]  all they seem to do however is write really strongly worded letters and then never follow
[02:07:15.360 --> 02:07:22.560]  up that letter it's empty words and empty words don't solve wars he said and i guess evidently
[02:07:22.560 --> 02:07:27.680]  they don't have any way to stop him from starting these wars do they maybe they take that global
[02:07:27.680 --> 02:07:33.280]  shipping tax and use it to create a un army would that be a good thing no he's also repeatedly
[02:07:33.280 --> 02:07:40.400]  expressed support for nato which is a subsidiary of the un as the new american points out including
[02:07:40.400 --> 02:07:47.280]  for article five which obliges the u.s to go to war if another nato member is attacked and again
[02:07:47.280 --> 02:07:53.120]  when we talk about war with russia and ukraine zelensky this little horn who wants to try to
[02:07:53.120 --> 02:08:00.400]  drag us into world war three by whatever means he can by hooker by crook the idea that we're
[02:08:00.400 --> 02:08:04.640]  going to put boots on the ground that we're going to guarantee their security for whatever the number
[02:08:04.640 --> 02:08:11.680]  of years is 15 years 50 years whatever they are negotiating i wouldn't want to secure i wouldn't
[02:08:11.680 --> 02:08:20.160]  want to guarantee their security for 15 minutes quite frankly but um just remember when trump
[02:08:20.160 --> 02:08:28.240]  told maga that he was going to get out of nato i think that was really just a a way to get nato
[02:08:28.240 --> 02:08:33.040]  countries to buy more u.s weapons uh he was complaining for the most part yeah we need to
[02:08:33.040 --> 02:08:38.800]  get out you guys aren't even spending two percent of your budget uh your military budget um of your
[02:08:38.800 --> 02:08:42.240]  gdp you're not even spending two percent so you need to get that up and they got it up and then
[02:08:42.240 --> 02:08:47.040]  what do you wind up with they do a military build up so they can go into ukraine and start world
[02:08:47.040 --> 02:08:52.560]  war three good good job so uh legislation has already been introduced in congress to get the
[02:08:52.640 --> 02:08:59.840]  u.s out of the entire un system it's called the disengaging entirely from the un debacle
[02:09:00.960 --> 02:09:07.680]  the acronym for that is defund and that is sponsored by chiproy and senator mike lee
[02:09:08.720 --> 02:09:15.520]  if enacted the defund act would fully withdraw the u.s from all un entities completely defund
[02:09:15.520 --> 02:09:22.480]  the un and prevent the u.s president from unilaterally rejoining it and then there is
[02:09:22.480 --> 02:09:28.560]  the who withdrawal act sponsored by andy biggs that would codify trump's order withdrawing the
[02:09:28.560 --> 02:09:37.280]  u.s from the who so to go from an executive order to an actual law tom tiffany would withdraw the
[02:09:37.280 --> 02:09:47.040]  u.s from the world trade organization and thomas massey and senator lee have introduced the nato
[02:09:47.040 --> 02:09:56.160]  act and uh nato not a trusted organization that's the best acronym for nato i've seen
[02:09:56.720 --> 02:10:03.360]  and uh that would withdraw the u.s from nato completely uh by the way you could have i guess
[02:10:03.360 --> 02:10:08.000]  come up with a name for the act that would spell like gladio to me i think gladio makes one of the
[02:10:08.000 --> 02:10:14.480]  best cases for us getting out of the un operation gladio and then finally before we run out of time
[02:10:14.480 --> 02:10:21.040]  i thought it was kind of interesting eric von dannegan the guy who made a fortune with chariots
[02:10:21.040 --> 02:10:27.680]  of the gods back in 1968 has died at 90 and it's kind of interesting because this guy was a
[02:10:28.400 --> 02:10:36.640]  swiss hotelier and of all places davos and even as his motivation in writing chariots of god was
[02:10:37.360 --> 02:10:44.640]  because he had a problem with god he wanted to disprove god so he wrote this book that was uh
[02:10:44.640 --> 02:10:50.400]  he had a real issue with god he also had a real issue with crime he was he was serving time in
[02:10:50.400 --> 02:10:57.360]  jail as a matter of fact he was in jail when chariots of the of the gods became a best seller
[02:10:58.080 --> 02:11:01.840]  and he was always in trouble with the law and he was always a fraudster
[02:11:02.960 --> 02:11:10.160]  and so he was actually even when confronted with his fabricated evidence in a british tv
[02:11:10.160 --> 02:11:16.160]  documentary and the evidence was supposedly what he said ancient pots that he thought had come to
[02:11:16.160 --> 02:11:23.360]  us from aliens far beyond turned out that they were actually almost new pots and he just dismissed
[02:11:23.360 --> 02:11:29.280]  that said well it doesn't change my theory at all he was actually given the ig noble prize for
[02:11:29.280 --> 02:11:36.000]  literature he was the first recipient of it in 1991 something that they hand out to people who
[02:11:36.000 --> 02:11:44.960]  sell false narratives so uh anyway that's uh where a lot of this alien lore has come from is
[02:11:44.960 --> 02:11:48.320]  somebody like that have a good day thank you for joining us
[02:11:58.720 --> 02:11:59.600]  the common man
[02:12:02.880 --> 02:12:07.760]  they created common core to dumb down our children they created common past to track
[02:12:07.760 --> 02:12:13.040]  and control us their commons project to make sure the commoners own nothing
[02:12:14.000 --> 02:12:20.640]  and the communist future they see the common man as simple unsophisticated ordinary
[02:12:21.600 --> 02:12:26.160]  but each of us has worth and dignity created in the image of god
[02:12:28.320 --> 02:12:31.920]  that is what we have in common that is what they want to take away
[02:12:32.720 --> 02:12:38.880]  their most powerful weapons are isolation deception intimidation they desire to know
[02:12:38.880 --> 02:12:46.000]  everything about us while they hide everything from us it's time to turn that around and expose
[02:12:46.000 --> 02:12:50.880]  what they want to hide please share the information and links you'll find
[02:12:50.880 --> 02:12:55.200]  at the david night show.com thank you for listening thank you for sharing
[02:13:00.960 --> 02:13:06.240]  if you can't support us financially please keep us in your prayers the david night show.com
[02:13:08.880 --> 02:13:16.240]  so
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